Allianz SE
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Allianz SE reported 432 stock positions worth $3.8 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 22.2% of the portfolio, followed by Apple (AAPL, 4.0%) and Microsoft (MSFT, 3.7%). Compared with Q3 2024, it opened 75 new positions, sold out of 19, added to 130 and reduced 94. The biggest buy was a new position in SS SPDR Dow Jones Indus Avg (DIA) and the biggest sale iShares MSCI USA Min Vol Fac (USMV, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- Munich, 2M
- CIK
- 0001127508
- Portfolio Value
- $3.8B (Q4 2024)
- SEC Filing
- 0000950123-25-001741 ↗ filed Feb 12, 2025
Holdings Value
Holdings 432 stocks · $3.8B
| IVV iShares Core S&P 500 ETF | 22.24% | 1,452,343 | $855.0M | Add +3.8% |
| AAPL Apple Inc. | 4.00% | 610,413 | $153.8M | Reduce -0.1% |
| MSFT Microsoft Corp. | 3.75% | 339,592 | $144.1M | Add +9.2% |
| NVDA Nvidia Corp. | 3.27% | 914,206 | $125.7M | Add +0.4% |
| AMZN Amazon.com Inc. | 3.02% | 526,151 | $116.1M | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 2.30% | 464,806 | $88.4M | Add +2.2% |
| ALTI Alti Global Inc. | 2.23% | 19,318,581 | $85.6M | No change |
| NEM Newmont Corp. | 1.70% | 1,756,962 | $65.4M | Add +18.8% |
| ACWI iShares MSCI Acwi ETF | 1.64% | 535,550 | $62.9M | Add +2.0% |
| JPM JPMorgan Chase & Co. | 1.55% | 248,899 | $59.6M | Add +4.0% |
| META Meta Platforms Inc. Class A | 1.54% | 100,232 | $59.2M | Add +0.2% |
| AXP American Express Co. | 1.54% | 198,855 | $59.0M | Add +0.1% |
| QQQ Invesco QQQ Trust Series 1 | 1.42% | 106,858 | $54.7M | Add +0.7% |
| IAU iShares Gold Trust | 1.35% | 1,050,835 | $52.0M | Add +3.9% |
| GOOG Alphabet Inc. Class C | 1.20% | 240,289 | $46.3M | Reduce -12.7% |
| EZU iShares MSCI Eurozone ETF | 1.14% | 928,853 | $43.8M | Add +1.4% |
| TSLA Tesla Inc. | 1.13% | 104,334 | $43.5M | Add +12.6% |
| MA Mastercard Inc. Class A | 1.12% | 81,871 | $43.1M | Add +2.2% |
| AVGO Broadcom Inc. | 1.09% | 178,089 | $41.9M | Add +1.6% |
| V Visa Inc. Class A | 0.97% | 117,691 | $37.1M | Add +2.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.91% | 59,430 | $35.0M | Reduce -40.4% |
| B Barrick Gold Corp. | 0.88% | 2,176,280 | $33.7M | Reduce -0.7% |
| PM Philip Morris International | 0.79% | 253,987 | $30.5M | Add +0.4% |
| LLY Eli Lilly & Co. | 0.76% | 37,877 | $29.3M | Add +2.0% |
| LIN Linde PLC | 0.72% | 65,968 | $27.6M | Add +2.1% |
| UNH Unitedhealth Group Inc. | 0.67% | 50,813 | $25.8M | Reduce -3.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.64% | 300,647 | $24.6M | Add +6.5% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.63% | 57,165 | $24.3M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.60% | 50,919 | $23.0M | Add +2.3% |
| VFH Vanguard Financials ETF | 0.56% | 183,416 | $21.7M | Add +113119.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.56% | 192,204 | $21.4M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 0.54% | 197,575 | $20.9M | Reduce -0.4% |
| COST Costco Wholesale Corp. | 0.54% | 22,357 | $20.6M | Add +0.6% |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.52% | 103,015 | $20.0M | Reduce -1.0% |
| ORCL Oracle Corp. | 0.51% | 118,402 | $19.8M | Add +3.5% |
| MCD McDonald's Corp. | 0.51% | 67,353 | $19.5M | Add +1.5% |
| PFE Pfizer Inc. | 0.51% | 734,856 | $19.5M | Add +0.6% |
| JNJ Johnson & Johnson | 0.49% | 132,677 | $19.0M | Reduce -3.3% |
| CRM Salesforce Inc. | 0.49% | 56,510 | $19.0M | Reduce -1.0% |
| FDX FedEx Corp. | 0.48% | 65,201 | $18.3M | No change |
| PG The Procter & Gamble Co. | 0.46% | 106,691 | $17.8M | Add +0.2% |
| NFLX Netflix Inc. | 0.46% | 19,639 | $17.7M | Add +1.0% |
| CAT Caterpillar Inc. | 0.45% | 47,764 | $17.3M | Add +0.6% |
| ABBV Abbvie Inc. | 0.44% | 95,560 | $16.8M | Reduce -5.5% |
| CSCO Cisco Systems Inc. | 0.43% | 280,290 | $16.6M | Add +12.0% |
| XLK SS Technology Select Sector | 0.42% | 68,455 | $16.1M | No change |
| BKNG Booking Holdings Inc. | 0.42% | 3,202 | $16.0M | Add +0.6% |
| CTAS Cintas Corp. | 0.40% | 83,168 | $15.3M | Reduce -0.9% |
| VWO Vanguard Ftse Emerging Marke | 0.39% | 341,492 | $15.1M | Add +74.1% |
| WMT Walmart Inc. | 0.39% | 164,290 | $14.9M | Add +1.2% |
| EEM iShares MSCI Emerging Market | 0.38% | 353,133 | $14.8M | Add +3.9% |
| PANW Palo Alto Networks Inc. | 0.38% | 79,713 | $14.7M | Reduce -10.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 325,244 | $14.3M | Add +0.9% |
| XLV SS Health Care Select Sector | 0.35% | 98,668 | $13.5M | New |
| TT Trane Technologies PLC | 0.35% | 36,383 | $13.5M | No change |
| HD Home Depot Inc. | 0.35% | 34,635 | $13.5M | Add +1.8% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.34% | 273,508 | $13.2M | Reduce -6.8% |
| ACN Accenture PLC Class A | 0.33% | 36,094 | $12.7M | Add +3.0% |
| NEE Nextera Energy Inc. | 0.32% | 173,680 | $12.5M | Add +0.7% |
| MRK Merck & Co. Inc. | 0.32% | 124,820 | $12.3M | Reduce -6.3% |
| WFC Wells Fargo & Co. | 0.32% | 173,185 | $12.2M | Add +5.1% |
| GS Goldman Sachs Group Inc. | 0.32% | 21,204 | $12.2M | Add +1.1% |
| ADBE Adobe Inc. | 0.31% | 26,661 | $11.9M | Add +2.2% |
| MRVL Marvell Technology Inc. | 0.30% | 104,960 | $11.7M | Add +8.7% |
| PLD Prologis Inc. | 0.30% | 108,835 | $11.4M | Add +11.9% |
| TMUS T-Mobile US Inc. | 0.29% | 50,885 | $11.2M | No change |
| MS Morgan Stanley | 0.29% | 87,997 | $11.1M | Add +3.1% |
| ADP Automatic Data Processing | 0.29% | 37,695 | $11.0M | Add +1.9% |
| BLK BlackRock Inc. | 0.29% | 10,748 | $11.0M | New |
| FXI iShares China Large-Cap ETF | 0.29% | 361,655 | $11.0M | Add +7.5% |
| INTU Intuit Inc. | 0.28% | 17,343 | $10.9M | Add +2.0% |
| EMR Emerson Electric Co. | 0.28% | 86,977 | $10.8M | Add +2.5% |
| QCOM Qualcomm Inc. | 0.28% | 68,721 | $10.6M | Reduce -9.9% |
| SRE Sempra | 0.28% | 121,190 | $10.6M | No change |
| BKF iShares MSCI Bic ETF | 0.27% | 284,078 | $10.4M | Add +3.4% |
| ADI Analog Devices Inc. | 0.26% | 47,698 | $10.1M | Add +0.1% |
| KO The Coca-Cola Co. | 0.26% | 163,121 | $10.1M | Reduce -2.9% |
| NKE Nike Inc. Class B | 0.26% | 132,907 | $10.0M | Reduce -6.0% |
| AMGN Amgen Inc. | 0.26% | 38,306 | $9.9M | Reduce -7.3% |
| C Citigroup Inc. | 0.26% | 140,766 | $9.9M | Add +2.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.25% | 24,001 | $9.6M | Reduce -8.0% |
| CB Chubb Ltd. | 0.25% | 34,526 | $9.5M | Add +0.2% |
| CVX Chevron Corp. | 0.24% | 65,483 | $9.4M | Add +1.6% |
| GHYG iShares Us&intl High Yield C | 0.24% | 210,201 | $9.3M | Add +5.5% |
| LOW Lowe's Cos Inc. | 0.24% | 37,096 | $9.2M | Add +1.1% |
| CEG Constellation Energy | 0.24% | 40,264 | $9.1M | Add +6.1% |
| SPG Simon Property Group Inc. | 0.24% | 53,196 | $9.1M | Add +3.4% |
| UBER Uber Technologies Inc. | 0.24% | 149,572 | $9.1M | Add +92.1% |
| AMD Advanced Micro Devices | 0.24% | 74,113 | $9.1M | Reduce -1.9% |
| MET Metlife Inc. | 0.23% | 108,964 | $8.9M | Add +1.3% |
| UPS United Parcel Service Class B | 0.23% | 70,119 | $8.8M | Add +0.9% |
| CL Colgate-Palmolive Co. | 0.22% | 95,215 | $8.6M | Add +3.0% |
| RACE Ferrari NV | 0.22% | 20,192 | $8.6M | Add +18.6% |
| UNP Union Pacific Corp. | 0.22% | 37,560 | $8.6M | Reduce -27.1% |
| DHR Danaher Corp. | 0.22% | 36,558 | $8.4M | Add +10.6% |
| SPGI S&P Global Inc. | 0.22% | 16,757 | $8.3M | No change |
| ABT Abbott Laboratories | 0.22% | 73,949 | $8.3M | Reduce -10.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.21% | 33,584 | $8.1M | Reduce -45.9% |
| AIG American International Group | 0.21% | 109,618 | $8.0M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 15,060 | $7.8M | Reduce -4.0% |
Portfolio Sells Q3 2024 → Q4 2024
| USMV iShares MSCI USA Min Vol Fac | Reduce -87.2% | 0.13% | −0.98 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -40.4% | 0.91% | −0.64 |
| GXC State Street SPDR S&P China | Sold out | 0.00% | −0.47 |
| B Barrick Gold Corp. | Reduce -0.7% | 0.88% | −0.30 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -45.9% | 0.21% | −0.19 |
| UNH Unitedhealth Group Inc. | Reduce -3.9% | 0.67% | −0.16 |
| UNP Union Pacific Corp. | Reduce -27.1% | 0.22% | −0.12 |
| JNJ Johnson & Johnson | Reduce -3.3% | 0.49% | −0.11 |
| ABBV Abbvie Inc. | Reduce -5.5% | 0.44% | −0.10 |
| AMGN Amgen Inc. | Reduce -7.3% | 0.26% | −0.10 |
| AMD Advanced Micro Devices | Reduce -1.9% | 0.24% | −0.10 |
| CI The Cigna Group | Reduce -13.9% | 0.18% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -6.3% | 0.32% | −0.09 |
| ELV Elevance Health Inc. | Reduce -11.0% | 0.14% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -0.4% | 0.54% | −0.09 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -8.0% | 0.25% | −0.08 |
| STLA Stellantis NV | Reduce -63.1% | 0.04% | −0.08 |
| NKE Nike Inc. Class B | Reduce -6.0% | 0.26% | −0.08 |
| QCOM Qualcomm Inc. | Reduce -9.9% | 0.28% | −0.07 |
| CTAS Cintas Corp. | Reduce -0.9% | 0.40% | −0.07 |
| AMT American Tower Corp. | Reduce -8.4% | 0.14% | −0.06 |
| MDT Medtronic PLC | Reduce -14.0% | 0.17% | −0.06 |
| KO The Coca-Cola Co. | Reduce -2.9% | 0.26% | −0.06 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.0% | 0.20% | −0.06 |
| ARW Arrow Electronics Inc. | Sold out | 0.00% | −0.06 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.3% | 0.18% | −0.05 |
| BABA Alibaba Group Holding-SP ADR | Reduce -16.3% | 0.09% | −0.05 |
| GOOG Alphabet Inc. Class C | Reduce -12.7% | 1.20% | −0.04 |
| INTC Intel Corp. | Reduce -19.4% | 0.07% | −0.04 |
| ABT Abbott Laboratories | Reduce -10.3% | 0.22% | −0.04 |
| EXC Exelon Corp. | Reduce -8.8% | 0.15% | −0.04 |
| REGN Regeneron Pharmaceuticals | Reduce -89.8% | 0.00% | −0.04 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.03 |
| BSX Boston Scientific Corp. | Reduce -84.1% | 0.01% | −0.03 |
| GILD Gilead Sciences Inc. | Reduce -99.6% | 0.00% | −0.03 |
| XME SS SPDR S&P Metals Mining | Reduce -7.8% | 0.11% | −0.03 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Reduce -6.8% | 0.34% | −0.03 |
| CRBN Ish Low Car Opt Ms Ac ETF-US | Reduce -1.0% | 0.52% | −0.03 |
| CROX Crocs Inc. | Reduce -93.9% | 0.00% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -19.8% | 0.15% | −0.03 |
| ISRG Intuitive Surgical Inc. | Reduce -39.9% | 0.04% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -16.8% | 0.05% | −0.03 |
| AMBA Ambarella Inc. | Sold out | 0.00% | −0.02 |
| KLAC KLA Corp. | Reduce -0.6% | 0.08% | −0.02 |
| LEU Centrus Energy Corp. Class A | Reduce -67.6% | 0.01% | −0.02 |
| MCK McKesson Corp. | Reduce -84.3% | 0.00% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -49.2% | 0.02% | −0.02 |
| SMR Nuscale Power Corp. | Sold out | 0.00% | −0.02 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.02 |
| SYK Stryker Corp. | Reduce -32.7% | 0.03% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| DIA SS SPDR Dow Jones Indus Avg | New | 0.63% | +0.63 |
| VFH Vanguard Financials ETF | Add +113119.8% | 0.56% | +0.56 |
| TSLA Tesla Inc. | Add +12.6% | 1.13% | +0.48 |
| IVV iShares Core S&P 500 ETF | Add +3.8% | 22.24% | +0.42 |
| AMZN Amazon.com Inc. | Add +1.0% | 3.02% | +0.40 |
| XLV SS Health Care Select Sector | New | 0.35% | +0.35 |
| BLK BlackRock Inc. | New | 0.29% | +0.29 |
| NVDA Nvidia Corp. | Add +0.4% | 3.27% | +0.28 |
| AVGO Broadcom Inc. | Add +1.6% | 1.09% | +0.27 |
| GOOGL Alphabet Inc. Class A | Add +2.2% | 2.30% | +0.26 |
| IYJ iShares U.S. Industrials ETF | New | 0.19% | +0.19 |
| JPM JPMorgan Chase & Co. | Add +4.0% | 1.55% | +0.19 |
| IEMG iShares Core MSCI Emerging | New | 0.18% | +0.18 |
| VWO Vanguard Ftse Emerging Marke | Add +74.1% | 0.39% | +0.14 |
| ANET Arista Networks Inc. | New | 0.13% | +0.13 |
| MSFT Microsoft Corp. | Add +9.2% | 3.75% | +0.13 |
| MRVL Marvell Technology Inc. | Add +8.7% | 0.30% | +0.12 |
| V Visa Inc. Class A | Add +2.4% | 0.97% | +0.11 |
| HWM Howmet Aerospace Inc. | Add +71.1% | 0.20% | +0.09 |
| NFLX Netflix Inc. | Add +1.0% | 0.46% | +0.09 |
| AXP American Express Co. | Add +0.1% | 1.54% | +0.08 |
| UBER Uber Technologies Inc. | Add +92.1% | 0.24% | +0.08 |
| CSCO Cisco Systems Inc. | Add +12.0% | 0.43% | +0.07 |
| WFC Wells Fargo & Co. | Add +5.1% | 0.32% | +0.07 |
| DXCM Dexcom Inc. | Add +115.2% | 0.10% | +0.06 |
| BKNG Booking Holdings Inc. | Add +0.6% | 0.42% | +0.05 |
| MA Mastercard Inc. Class A | Add +2.2% | 1.12% | +0.05 |
| MS Morgan Stanley | Add +3.1% | 0.29% | +0.05 |
| TXN Texas Instruments Inc. | New | 0.04% | +0.04 |
| WM Waste Management Inc. | Add +237.7% | 0.05% | +0.04 |
| GS Goldman Sachs Group Inc. | Add +1.1% | 0.32% | +0.04 |
| LRCX Lam Research Corp. | New | 0.04% | +0.04 |
| WMT Walmart Inc. | Add +1.2% | 0.39% | +0.03 |
| EMR Emerson Electric Co. | Add +2.5% | 0.28% | +0.03 |
| GEV GE Vernova Inc. | New | 0.03% | +0.03 |
| C Citigroup Inc. | Add +2.7% | 0.26% | +0.03 |
| BAC Bank of America Corp. | Add +0.9% | 0.37% | +0.03 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.03% | +0.03 |
| APTV Aptiv PLC | New | 0.02% | +0.02 |
| SYM Symbotic Inc. | New | 0.02% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.7% | 1.42% | +0.02 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.02% | +0.02 |
| EXPE Expedia Group Inc. | Add +335.5% | 0.03% | +0.02 |
| KTOS Kratos Defense & Security | Add +135.5% | 0.03% | +0.02 |
| WELL Welltower Inc. | Add +101.8% | 0.04% | +0.02 |
| CHT Chunghwa Telecom LT-Spon ADR | Add +206.4% | 0.03% | +0.02 |
| GIS General Mills Inc. | New | 0.02% | +0.02 |
| CMI Cummins Inc. | New | 0.02% | +0.02 |
| RPM RPM International Inc. | New | 0.02% | +0.02 |
| CHKP Check Point Software Tech | Add +948.5% | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 519 | $9.5B | JAAA, IVV, LQD, PAAA, QQQ |
| Q1 2026 | 473 | $9.0B | JAAA, IVV, LQD, PAAA, NEM |
| Q4 2025 | 431 | $7.8B | JAAA, IVV, LQD, VCLT, NEM |
| Q3 2025 | 372 | $4.7B | IVV, NVDA, MSFT, AAPL, NEM |
| Q2 2025 | 387 | $4.2B | IVV, MSFT, NVDA, AAPL, AMZN |
| Q1 2025 | 417 | $3.7B | IVV, AAPL, MSFT, NVDA, AMZN |
| Q4 2024 | 432 | $3.8B | IVV, AAPL, MSFT, NVDA, AMZN |
| Q3 2024 | 376 | $3.7B | IVV, AAPL, MSFT, NVDA, AMZN |
| Q2 2024 | 453 | $3.4B | IVV, MSFT, AAPL, NVDA, AMZN |
| Q1 2024 | 450 | $3.2B | IVV, MSFT, AAPL, AMZN, GOOGL |