Allianz SE

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Allianz SE reported 387 stock positions worth $4.2 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 23.2% of the portfolio, followed by Microsoft (MSFT, 3.7%) and Nvidia (NVDA, 3.4%). Compared with Q1 2025, it opened 36 new positions, sold out of 66, added to 98 and reduced 131. The biggest buy was a new position in Vaneck Semiconductor ETF (SMH) and the biggest sale Vanguard Financials ETF (VFH, shares −100%).

Most Recent 13F
Q2 2026
Location
Munich, 2M
CIK
0001127508
Portfolio Value
$4.2B (Q2 2025)
SEC Filing
0000950123-25-007335 ↗ filed Aug 8, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $3.2B Q1 2024 Q2 2024: $3.4B Q2 2024 Q3 2024: $3.7B Q3 2024 Q4 2024: $3.8B Q4 2024 Q1 2025: $3.7B Q1 2025 Q2 2025: $4.2B $4.2B Q2 2025 Q3 2025: $4.7B Q3 2025 Q4 2025: $7.8B Q4 2025 Q1 2026: $9.0B Q1 2026 Q2 2026: $9.5B Q2 2026

Holdings 387 stocks · $4.2B
IVV iShares Core S&P 500 ETF 23.24% 1,584,282 $983.7M Add +3.4%
MSFT Microsoft Corp. 3.72% 316,504 $157.4M Add +0.5%
NVDA Nvidia Corp. 3.43% 918,300 $145.1M Reduce -1.5%
AAPL Apple Inc. 2.88% 594,477 $122.0M Reduce -2.4%
AMZN Amazon.com Inc. 2.73% 525,922 $115.4M Add +0.9%
NEM Newmont Corp. 2.46% 1,784,687 $104.0M Reduce -1.4%
QQQ Invesco QQQ Trust Series 1 2.01% 154,561 $85.3M Add +12.0%
GOOGL Alphabet Inc. Class A 1.95% 467,293 $82.4M Reduce -0.3%
ALTI Alti Global Inc. 1.89% 19,318,581 $80.2M No change
IAU iShares Gold Trust 1.70% 1,154,291 $72.0M Add +5.4%
ACWI iShares MSCI Acwi ETF 1.60% 525,698 $67.6M Reduce -1.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.43% 97,949 $60.5M No change
JPM JPMorgan Chase & Co. 1.42% 207,993 $60.3M Reduce -1.2%
META Meta Platforms Inc. Class A 1.39% 79,609 $58.8M Reduce -0.8%
EZU iShares MSCI Eurozone ETF 1.32% 940,326 $55.9M Add +0.3%
SMH Vaneck Semiconductor ETF 1.31% 199,097 $55.5M New
AVGO Broadcom Inc. 1.12% 171,818 $47.4M Reduce -4.3%
B Barrick Mining Corp. 1.08% 2,194,772 $45.6M Reduce -0.5%
AXP American Express Co. 0.99% 130,872 $41.7M Reduce -0.3%
GOOG Alphabet Inc. Class C 0.97% 230,760 $40.9M Add +0.7%
V Visa Inc. Class A 0.94% 112,143 $39.8M Add +4.0%
MA Mastercard Inc. Class A 0.88% 66,267 $37.2M Add +0.4%
TSLA Tesla Inc. 0.80% 105,959 $33.7M Add +3.8%
LLY Eli Lilly & Co. 0.75% 40,499 $31.6M Add +3.3%
LIN Linde PLC 0.73% 66,164 $31.0M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 0.73% 63,508 $30.9M Add +8.7%
PM Philip Morris International 0.71% 163,891 $29.8M Reduce -1.4%
VTWO Vanguard Russell 2000 ETF 0.65% 313,000 $27.3M Add +34.9%
NFLX Netflix Inc. 0.63% 19,859 $26.6M Reduce -0.7%
SHY iShares 1-3 Year Treasury Bo 0.62% 319,129 $26.4M Add +4.2%
ORCL Oracle Corp. 0.59% 114,951 $25.1M Reduce -10.5%
UBER Uber Technologies Inc. 0.58% 261,009 $24.4M Add +118.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.55% 189,323 $23.5M Reduce -0.2%
UNH Unitedhealth Group Inc. 0.55% 74,049 $23.1M Add +27.6%
SPHB Invesco S&P 500 High Beta Et 0.52% 223,509 $21.8M New
CRBN Ish Low Car Opt Ms Ac ETF-US 0.50% 99,015 $21.0M Reduce -3.9%
COST Costco Wholesale Corp. 0.49% 20,949 $20.7M Add +0.1%
JNJ Johnson & Johnson 0.48% 133,221 $20.3M Reduce -5.7%
ARKK ARK Innovation ETF 0.45% 269,802 $19.0M New
MCD McDonald's Corp. 0.44% 64,408 $18.8M Reduce -0.1%
WMT Walmart Inc. 0.44% 189,744 $18.6M Add +15.4%
CAT Caterpillar Inc. 0.44% 47,764 $18.5M No change
EEM iShares MSCI Emerging Market 0.43% 374,750 $18.1M Add +2.9%
PFE Pfizer Inc. 0.42% 734,856 $17.8M No change
ABBV Abbvie Inc. 0.42% 95,051 $17.6M Reduce -2.5%
QCOM Qualcomm Inc. 0.41% 107,616 $17.1M Add +56.5%
VWO Vanguard Ftse Emerging Marke 0.40% 346,097 $17.1M No change
CSCO Cisco Systems Inc. 0.40% 242,237 $16.8M Reduce -8.0%
WFC Wells Fargo & Co. 0.39% 206,925 $16.6M Reduce -2.5%
PG The Procter & Gamble Co. 0.39% 104,039 $16.6M Reduce -5.3%
RACE Ferrari NV 0.38% 32,471 $15.9M Add +32.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.37% 332,835 $15.7M Reduce -0.7%
ABT Abbott Laboratories 0.35% 109,724 $14.9M Add +20.0%
GS Goldman Sachs Group Inc. 0.35% 20,950 $14.8M Reduce -1.2%
FDX FedEx Corp. 0.35% 65,201 $14.8M No change
CRM Salesforce Inc. 0.35% 53,555 $14.6M Reduce -7.6%
CTAS Cintas Corp. 0.34% 65,368 $14.6M Reduce -21.4%
FXI iShares China Large-Cap ETF 0.34% 392,373 $14.4M Add +3.9%
HD Home Depot Inc. 0.33% 38,075 $14.0M Add +9.8%
SPYX SS SPDR S&P 500 Foss FL ETF 0.33% 273,508 $13.9M No change
NEE Nextera Energy Inc. 0.31% 191,541 $13.3M Reduce -0.5%
AMT American Tower Corp. 0.31% 59,579 $13.2M Add +67.9%
ENB Enbridge Inc. 0.30% 277,000 $12.5M No change
GE General Electric filed as GE AEROSPACE 0.29% 47,492 $12.2M Add +4.9%
BKF iShares MSCI Bic ETF 0.29% 292,052 $12.1M Add +0.7%
MS Morgan Stanley 0.28% 85,567 $12.1M Reduce -2.8%
C Citigroup Inc. 0.28% 141,262 $12.0M Add +0.4%
KO The Coca-Cola Co. 0.28% 165,057 $11.7M Reduce -1.7%
BLK BlackRock Inc. 0.28% 11,119 $11.7M Add +0.8%
TMUS T-Mobile US Inc. 0.27% 48,711 $11.6M Reduce -3.6%
INTU Intuit Inc. 0.27% 14,727 $11.6M Reduce -12.8%
AMD Advanced Micro Devices 0.27% 80,129 $11.4M Add +23.6%
ISRG Intuitive Surgical Inc. 0.27% 20,780 $11.3M Add +19.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.26% 37,807 $11.1M Add +148.2%
EMR Emerson Electric Co. 0.26% 82,658 $11.0M Add +0.2%
AMGN Amgen Inc. 0.25% 38,306 $10.7M No change
VRTX Vertex Pharmaceuticals Inc. 0.25% 23,935 $10.7M Reduce -0.1%
PLTR Palantir Technologies Inc. Class A 0.25% 77,185 $10.5M Add +2050.0%
WM Waste Management Inc. 0.25% 45,855 $10.5M Reduce -6.0%
ICLN iShares Global Clean Energy 0.24% 761,908 $10.0M Add +5.0%
GHYG iShares Us&intl High Yield C 0.23% 211,863 $9.8M Reduce -1.2%
T AT&T Inc. 0.23% 338,198 $9.8M Reduce -0.5%
ADI Analog Devices Inc. 0.23% 40,484 $9.6M No change
CB Chubb Ltd. 0.22% 32,720 $9.5M No change
AEM Agnico Eagle Mines Ltd. 0.22% 79,591 $9.5M Add +2580.7%
NKE Nike Inc. Class B 0.22% 130,874 $9.3M Reduce -0.9%
AIG American International Group 0.22% 108,378 $9.3M No change
ADP Automatic Data Processing 0.22% 30,000 $9.3M Reduce -15.9%
HSY The Hershey Co. 0.22% 55,741 $9.3M Reduce -11.0%
DASH DoorDash Inc. Class A 0.22% 37,300 $9.2M No change
SRE Sempra 0.22% 121,190 $9.2M No change
ADBE Adobe Inc. 0.21% 23,171 $9.0M Reduce -3.0%
DE Deere & Co. 0.21% 17,431 $8.9M Reduce -2.9%
SPGI S&P Global Inc. 0.21% 16,757 $8.8M No change
SE Sea Ltd.-ADR 0.21% 54,510 $8.7M Add +122.4%
MET Metlife Inc. 0.21% 108,264 $8.7M Add +0.6%
CL Colgate-Palmolive Co. 0.21% 95,665 $8.7M Reduce -5.2%
AZO AutoZone Inc. 0.20% 2,289 $8.5M Add +2.7%
SCHW Schwab (charles) Corp. 0.20% 90,875 $8.3M Add +934.9%
SPG Simon Property Group Inc. 0.20% 51,425 $8.3M No change
CI The Cigna Group 0.20% 24,989 $8.3M No change
MRK Merck & Co. Inc. 0.19% 104,083 $8.2M Add +1.0%
LOW Lowe's Cos Inc. 0.19% 37,096 $8.2M No change
RTX RTX Corp. 0.19% 56,272 $8.2M Add +8.8%
FCX Freeport-McMoran Inc. 0.19% 187,060 $8.1M Add +3.6%
MDLZ Mondelez International Inc. Class A 0.19% 118,446 $8.0M Add +3.2%
HWM Howmet Aerospace Inc. 0.18% 41,421 $7.7M Reduce -15.8%
VOO Vanguard S&P 500 ETF 0.18% 13,500 $7.7M Reduce -48.8%
IEMG iShares Core MSCI Emerging 0.18% 125,050 $7.5M Reduce -7.4%
NOW ServiceNow Inc. 0.18% 7,245 $7.4M Reduce -22.7%
TRP TC Energy Corp. 0.18% 152,807 $7.4M New
UNP Union Pacific Corp. 0.17% 31,707 $7.3M Reduce -3.6%
ACN Accenture PLC Class A 0.17% 23,785 $7.1M Reduce -29.7%
SHOP Shopify Inc. Class A 0.16% 60,580 $7.0M Reduce -1.2%
MDT Medtronic PLC 0.16% 79,713 $6.9M Reduce -2.9%
DHR Danaher Corp. 0.16% 34,955 $6.9M Reduce -4.4%
UPS United Parcel Service Class B 0.16% 68,087 $6.9M Reduce -1.8%
EXC Exelon Corp. 0.16% 158,015 $6.9M Reduce -0.1%
XME SS SPDR S&P Metals Mining 0.16% 101,070 $6.8M Add +16.8%
XOP SS SPDR S&P Og Exp & Prod 0.15% 51,025 $6.4M Add +33.5%
CEG Constellation Energy 0.15% 19,774 $6.4M Reduce -40.3%
CSX CSX Corp. 0.15% 193,239 $6.3M No change
TMO Thermo Fisher Scientific Inc. 0.15% 15,352 $6.2M Reduce -3.0%
CMCSA Comcast Corp. Class A 0.15% 173,313 $6.2M Reduce -3.5%
MU Micron Technology Inc. 0.14% 49,530 $6.1M Reduce -26.4%
CRWD CrowdStrike Holdings Inc. Class A 0.14% 11,945 $6.1M Add +61.3%
MELI MercadoLibre Inc. 0.14% 2,227 $5.8M Add +41.8%
PEP Pepsico Inc. 0.14% 43,636 $5.8M No change
PLD Prologis Inc. 0.14% 54,777 $5.8M Reduce -49.7%
GDX Vaneck Gold Miners ETF 0.13% 107,760 $5.6M Reduce -17.9%
ELV Elevance Health Inc. 0.13% 13,838 $5.4M Reduce -0.1%
CVS CVS Health Corp. 0.13% 77,377 $5.3M Reduce -6.7%
XOM Exxon Mobil Corp. 0.13% 49,360 $5.3M No change
PBW Invesco Wilderhill Clean Ene 0.12% 264,068 $5.3M Add +20.5%
DSI iShares ESG MSCI KLD 400 ETF 0.12% 45,284 $5.3M Add +8.1%
XYZ Block Inc. 0.12% 77,000 $5.2M No change
MCO Moody's Corp. 0.12% 10,090 $5.1M Add +17.5%
DXCM Dexcom Inc. 0.11% 52,061 $4.5M Add +17.1%
TSM Taiwan Semiconductor-SP ADR 0.11% 19,934 $4.5M Reduce -36.0%
CSGP Costar Group Inc. 0.11% 56,052 $4.5M Add +119.7%
KLAC KLA Corp. 0.11% 5,025 $4.5M Reduce -0.3%
ANET Arista Networks Inc. 0.10% 43,276 $4.4M Reduce -12.2%
ATKR Atkore Inc. 0.10% 62,273 $4.4M No change
BMY Bristol-Myers Squibb Co. 0.10% 94,623 $4.4M Reduce -5.5%
EXR Extra Space Storage Inc. 0.10% 28,611 $4.2M Add +217.6%
TDG Transdigm Group Inc. 0.09% 2,594 $3.9M No change
FER Ferrovial NV 0.09% 72,703 $3.9M Add +0.0%
APH Amphenol Corp. Class A 0.09% 37,760 $3.7M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.08% 38,779 $3.5M Reduce -0.2%
CBRE CBRE Group Inc. Class A 0.08% 25,094 $3.5M Add +53.6%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.08% 255,000 $3.5M No change
HUM Humana Inc. 0.08% 13,960 $3.4M No change
SMFG Sumitomo Mitsui-Spons ADR 0.08% 220,000 $3.3M No change
MFG Mizuho Financial Group-ADR 0.08% 590,000 $3.3M No change
BABA Alibaba Group Holding-SP ADR 0.08% 28,015 $3.2M Add +9.5%
SNPS Synopsys Inc. 0.07% 5,969 $3.1M Add +24.8%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.07% 2,925 $3.0M Reduce -0.3%
CARR Carrier Global Corp. 0.07% 40,694 $3.0M No change
CMG Chipotle Mexican Grill Inc. 0.07% 52,570 $3.0M No change
BKR Baker Hughes Co. 0.07% 76,387 $2.9M Add +35.8%
APP AppLovin Corp. Class A 0.07% 8,308 $2.9M Add +106.2%
SBUX Starbucks Corp. 0.07% 31,480 $2.9M Add +604.3%
EFX Equifax Inc. 0.07% 10,960 $2.8M Add +75.4%
PINS Pinterest Inc. Class A 0.07% 78,197 $2.8M New
CVX Chevron Corp. 0.06% 18,722 $2.7M No change
ZBH Zimmer Biomet Holdings Inc. 0.06% 29,000 $2.6M No change
MSCI MSCI Inc. 0.06% 4,575 $2.6M Add +12.3%
BMRN Biomarin Pharmaceutical Inc. 0.06% 45,000 $2.5M No change
ATO Atmos Energy Corp. 0.06% 15,985 $2.5M Add +32.7%
DD Dupont DE Nemours Inc. 0.06% 35,832 $2.5M Reduce -4.6%
PCAR Paccar Inc. 0.06% 25,741 $2.4M No change
FNV Franco-Nevada Corp. 0.06% 14,933 $2.4M New
CPRT Copart Inc. 0.06% 49,180 $2.4M No change
AGI Alamos Gold Inc. Class A 0.06% 65,561 $2.4M New
IR Ingersoll-Rand Inc. 0.06% 28,545 $2.4M No change
ANSS Ansys Inc. 0.06% 6,741 $2.4M Add +46.4%
NVR NVR Inc. 0.05% 309 $2.3M No change
INTC Intel Corp. 0.05% 94,900 $2.1M Add +0.6%
XYL Xylem Inc. 0.05% 16,423 $2.1M Reduce -15.6%
VMC Vulcan Materials Co. 0.05% 8,023 $2.1M Reduce -9.5%
MOS The Mosaic Co. 0.05% 56,800 $2.1M No change
VRSN Verisign Inc. 0.05% 6,922 $2.0M No change
CNH CNH Industrial NV 0.05% 154,100 $2.0M No change
NXPI NXP Semiconductors NV 0.05% 8,831 $1.9M No change
CTVA Corteva Inc. 0.05% 25,804 $1.9M No change
STT State Street Corp. 0.05% 18,073 $1.9M No change
ROK Rockwell Automation Inc. 0.04% 5,733 $1.9M No change
DECK Deckers Outdoor Corp. 0.04% 18,312 $1.9M Reduce -36.2%
YUM Yum! Brands Inc. 0.04% 12,585 $1.9M No change
TDY Teledyne Technologies Inc. 0.04% 3,602 $1.8M Add +11.9%
TEL Te Connectivity PLC 0.04% 10,822 $1.8M No change
PANW Palo Alto Networks Inc. 0.04% 8,883 $1.8M Reduce -89.5%
EWZ iShares MSCI Brazil ETF 0.04% 59,851 $1.7M Add +0.3%
NTAP Netapp Inc. 0.04% 16,112 $1.7M No change
DOV Dover Corp. 0.04% 9,265 $1.7M No change
PAYX Paychex Inc. 0.04% 11,527 $1.7M No change
ADM Archer-Daniels-Midland Co. 0.04% 31,250 $1.6M No change
PDD PDD Holdings Inc. 0.04% 15,274 $1.6M Reduce -41.8%
ES Eversource Energy 0.04% 24,584 $1.6M No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.04% 45,454 $1.5M Reduce -77.3%
KEYS Keysight Technologies Inc. 0.03% 8,934 $1.5M No change
AOS Smith (a.o.) Corp. 0.03% 21,416 $1.4M No change
SYY Sysco Corp. 0.03% 17,756 $1.3M No change
PPG PPG Industries Inc. 0.03% 11,705 $1.3M No change
STLA Stellantis NV 0.03% 132,653 $1.3M Add +32.9%
MMM 3M Co. 0.03% 8,519 $1.3M Reduce -34.4%
WELL Welltower Inc. 0.03% 8,250 $1.3M Reduce -35.0%
BDX Becton Dickinson and Co. 0.03% 7,241 $1.2M Reduce -0.8%
KKR KKR & Co. Inc. 0.03% 8,960 $1.2M Reduce -25.4%
JAZZ Jazz Pharmaceuticals PLC 0.03% 11,220 $1.2M Add +4654.2%
HON Honeywell International Inc. 0.03% 4,960 $1.2M Reduce -80.7%
SYK Stryker Corp. 0.03% 2,860 $1.1M Reduce -34.9%
VTR Ventas Inc. 0.03% 17,750 $1.1M Reduce -30.0%
MO Altria Group Inc. 0.02% 17,515 $1.0M Add +19.4%
DB Deutsche Bank AG-Registered 0.02% 35,000 $1.0M No change
BA The Boeing Co. 0.02% 4,844 $1.0M New
MAR Marriott International Class A 0.02% 3,690 $1.0M Reduce -32.3%
AFL Aflac Inc. 0.02% 9,180 $968K Reduce -34.0%
FLOT iShares Floating Rate Bond E 0.02% 18,938 $966K No change
CRWV Coreweave Inc. Class A 0.02% 5,678 $926K New
OKTA Okta Inc. 0.02% 9,170 $917K New
KMB Kimberly-Clark Corp. 0.02% 6,770 $873K Reduce -37.0%
QGEN Qiagen N.V. 0.02% 18,164 $867K Add +38.0%
ETN Eaton Corp. PLC 0.02% 2,418 $863K Add +117.8%
HLT Hilton Worldwide Holdings Inc. 0.02% 3,220 $858K Reduce -39.8%
STLD Steel Dynamics Inc. 0.02% 6,380 $817K Reduce -14.9%
SONY Sony Group Corp. - SP ADR 0.02% 30,000 $781K No change
HCA HCA Healthcare Inc. 0.02% 1,985 $760K Reduce -63.2%
CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A 0.02% 36,420 $738K New
RCL Royal Caribbean Cruises Ltd. 0.02% 2,320 $726K Reduce -56.0%
GNTA Genenta Science SPA - ADR 0.02% 234,050 $713K Add +0.2%
GIS General Mills Inc. 0.02% 13,200 $684K Reduce -35.8%
LITE Lumentum Holdings Inc. 0.02% 7,000 $665K New
LNG Cheniere Energy Inc. 0.02% 2,640 $643K Add +127.6%
STVN Stevanato Group SPA 0.01% 26,050 $636K Reduce -24.9%
D Dominion Energy Inc. 0.01% 11,120 $629K Add +37.0%
BNTX Biontech SE-ADR 0.01% 5,880 $626K Add +635.0%
VZ Verizon Communications Inc. 0.01% 14,220 $615K No change
AMAT Applied Materials Inc. 0.01% 3,230 $591K Reduce -75.2%
TSN Tyson Foods Inc. Class A 0.01% 9,886 $553K New
KR Kroger Co. 0.01% 7,607 $546K New
IQV Iqvia Holdings Inc. 0.01% 3,390 $534K Add +213.9%
PPC Pilgrim's Pride Corp. 0.01% 11,852 $533K New
BIDU Baidu Inc. - Spon ADR 0.01% 6,117 $525K Reduce -42.7%
PYPL PayPal Holdings Inc. 0.01% 6,957 $517K Reduce -77.1%
AZN Astrazeneca PLC-Spons ADR 0.01% 7,219 $504K Add +148.6%
PFGC Performance Food Group Co. 0.01% 5,592 $489K New
CCI Crown Castle Inc. 0.01% 4,740 $487K Add +73.6%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.01% 1,190 $481K Add +60.8%
HRL Hormel Foods Corp. 0.01% 15,817 $478K Add +17.7%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.01% 4,867 $478K Add +28.7%
CCEP Coca-Cola Europacific Partne 0.01% 5,000 $464K No change
ZTS Zoetis Inc. 0.01% 2,923 $456K Add +30.6%
ECL Ecolab Inc. 0.01% 1,686 $454K Reduce -22.4%
BG Bunge Global SA 0.01% 5,589 $449K New
BKNG Booking Holdings Inc. 0.01% 75 $434K Reduce -97.6%
COP Conocophillips 0.01% 4,742 $426K Reduce -50.0%
PGR Progressive Corp. 0.01% 1,547 $413K No change
SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI 0.01% 18,649 $410K New
LEU Centrus Energy Corp. Class A 0.01% 2,180 $399K Reduce -25.3%
JEF Jefferies Financial Group Inc. 0.01% 6,919 $378K New
MRVL Marvell Technology Inc. 0.01% 4,800 $372K Reduce -4.0%
DY Dycom Industries Inc. 0.01% 1,500 $367K New
FERG Ferguson Enterprises Inc. 0.01% 1,608 $350K New
AWK American Water Works Co. Inc. 0.01% 2,494 $347K Reduce -21.6%
COF Capital One Financial Corp. 0.01% 1,610 $343K No change
NUE Nucor Corp. 0.01% 2,640 $342K Reduce -36.8%
VRT Vertiv Holdings Co. Class A 0.01% 2,639 $339K Reduce -47.1%
BTI British American Tob-SP ADR 0.01% 7,123 $337K Add +52.2%
LRCX Lam Research Corp. 0.01% 3,460 $337K Reduce -82.8%
WTRG Essential Utilities Inc. 0.01% 9,037 $336K Reduce -18.9%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.01% 4,100 $331K Add +3260.7%
PEG Public Service Enterprise GP 0.01% 3,830 $322K No change
RIO Rio Tinto PLC-Spon ADR 0.01% 5,523 $322K Add +80.5%
PHM Pultegroup Inc. 0.01% 3,040 $321K No change
FLS Flowserve Corp. 0.01% 5,873 $307K New
BSX Boston Scientific Corp. 0.01% 2,770 $298K No change
BMI Badger Meter Inc. 0.01% 1,212 $297K New
ICE Intercontinental Exchange Inc. 0.01% 1,610 $295K No change
VMI Valmont Industries 0.01% 904 $295K New
EIX Edison International 0.01% 5,660 $292K No change
ZWS Zurn Elkay Water Solutions C 0.01% 7,927 $290K New
MAS Masco Corp. 0.01% 4,488 $289K New
EOG EOG Resources Inc. 0.01% 2,410 $288K No change
NICE Nice Ltd. - Spon ADR 0.01% 1,700 $287K No change
CYBR Cyberark Software Ltd./Israel 0.01% 700 $285K No change
PNR Pentair PLC 0.01% 2,705 $278K Reduce -32.1%
WAT Waters Corp. 0.01% 795 $277K New
WTS Watts Water Technologies-A 0.01% 1,120 $275K New
ROP Roper Technologies Inc. 0.01% 485 $275K New
HAL Halliburton Co. 0.01% 13,110 $267K Reduce -73.1%
MLM Martin Marietta Materials 0.01% 460 $253K No change
BX Blackstone Inc. 0.01% 1,650 $247K No change
TTWO Take-Two Interactive Softwre 0.01% 970 $236K Reduce -14.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.01% 1,324 $234K Reduce -98.4%
MCK McKesson Corp. 0.01% 310 $227K No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.01% 3,300 $223K No change
APD Air Products & Chemicals Inc. 0.01% 780 $220K Reduce -65.4%
NSC Norfolk Southern Corp. 0.00% 800 $205K No change
DELL Dell Technologies -C 0.00% 1,652 $203K Reduce -74.7%
EBAY eBay Inc. 0.00% 2,700 $201K No change
SNOW Snowflake Inc. 0.00% 890 $199K No change
DUK Duke Energy Corp. 0.00% 1,666 $197K No change
EW Edwards Lifesciences Corp. 0.00% 2,490 $195K No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.00% 3,125 $190K Add +62.5%
SLV iShares Silver Trust 0.00% 5,788 $190K No change
PUK Prudential PLC-ADR 0.00% 7,541 $189K Add +85.1%
JD Jd.com Inc.-ADR 0.00% 5,601 $183K Add +37.9%
PRU Prudential Financial Inc. 0.00% 1,650 $177K No change
MNST Monster Beverage Corp. 0.00% 2,780 $174K No change
APO Apollo Global Management Inc. 0.00% 1,200 $170K No change
COIN Coinbase Global Inc. Class A 0.00% 465 $163K Reduce -25.8%
GDDY GoDaddy Inc. Class A 0.00% 900 $162K Reduce -83.5%
PNC PNC Financial Services Group 0.00% 850 $158K No change
IWM iShares Russell 2000 ETF 0.00% 709 $153K Add +271.2%
ACWX iShares MSCI Acwi Ex US ETF 0.00% 2,477 $151K Add +252.8%
RMD Resmed Inc. 0.00% 584 $151K Reduce -47.7%
ALC Alcon Inc. filed as ALCON AG 0.00% 1,700 $150K No change
ED Consolidated Edison Inc. 0.00% 1,460 $147K No change
SLVP iShares MSCI Global Silver A 0.00% 8,065 $144K No change
ENPH Enphase Energy Inc. 0.00% 3,502 $139K Add +3402.0%
EWW iShares MSCI Mexico ETF 0.00% 2,232 $135K No change
LW Lamb Weston Holdings Inc. 0.00% 2,500 $130K Reduce -72.7%
TCOM Trip.com Group Ltd.-ADR 0.00% 2,104 $123K Add +83.0%
MAT Mattel Inc. 0.00% 6,100 $120K No change
UBS UBS Group AG-Reg 0.00% 3,542 $119K Reduce -71.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.00% 272 $119K Add +253.3%
MRNA Moderna Inc. 0.00% 3,680 $102K Reduce -1.1%
GD General Dynamics Corp. 0.00% 340 $99K Reduce -54.7%
TXN Texas Instruments Inc. 0.00% 430 $89K Reduce -93.7%
IONS Ionis Pharmaceuticals Inc. 0.00% 2,100 $83K New
AMRZ Amrize Ltd. 0.00% 1,610 $80K New
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.00% 216 $79K No change
EWJ iShares MSCI Japan ETF 0.00% 1,010 $76K Add +262.0%
VYM Vanguard High DVD Yield ETF 0.00% 560 $75K No change
SSRM SSR Mining Inc. 0.00% 4,051 $70K Reduce -7.0%
IBLC iShares Blockchain & Tech 0.00% 1,646 $65K No change
KTOS Kratos Defense & Security 0.00% 1,382 $64K Reduce -41.5%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 840 $60K Reduce -89.7%
VB Vanguard Most SM-Cap ETF-Usd 0.00% 245 $58K Reduce -99.3%
BHP BHP Group Ltd.-Spon ADR 0.00% 1,037 $50K No change
GILD Gilead Sciences Inc. 0.00% 430 $48K Reduce -12.6%
GRAB Grab Holdings Ltd. Class A 0.00% 9,360 $47K No change
EWL iShares MSCI Switzerland ETF 0.00% 755 $41K No change
FANG Diamondback Energy Inc. 0.00% 290 $40K Reduce -77.9%
CCJ Cameco Corp. 0.00% 388 $39K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.00% 237 $39K No change
SHV iShares 0-1 Year Treasury Bo 0.00% 349 $39K Reduce -81.8%
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 0.00% 290 $36K No change
VCIT Vanguard Int-Term Corporate 0.00% 430 $36K No change
TWLO Twilio Inc. Class A 0.00% 278 $35K Reduce -76.8%
KGC Kinross Gold Corp. 0.00% 1,550 $33K New
LNTH Lantheus Holdings Inc. 0.00% 386 $32K Reduce -95.1%
SOXX iShares Semiconductor ETF 0.00% 128 $31K No change
GEHC GE Healthcare Technology 0.00% 350 $26K Add +165.2%
MKTX Marketaxess Holdings Inc. 0.00% 116 $26K Reduce -7.2%
VIG Vanguard Dividend Apprec ETF 0.00% 124 $25K No change
VGK Vanguard Ftse Europe ETF 0.00% 321 $25K No change
IYH iShares U.S. Healthcare ETF 0.00% 425 $24K No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 340 $23K New
ROKU Roku Inc. 0.00% 255 $22K Reduce -40.4%
CROX Crocs Inc. 0.00% 187 $19K Reduce -34.6%
ALB Albemarle Corp. 0.00% 300 $19K No change
RGTI Rigetti Computing Inc. 0.00% 1,500 $18K No change
HPE Hewlett Packard Enterprise 0.00% 840 $17K No change
RGLD Royal Gold Inc. 0.00% 92 $16K New
K Kellanova 0.00% 197 $16K No change
VTRS Viatris Inc. 0.00% 1,613 $14K Reduce -95.7%
HBAN Huntington Bancshares Inc. 0.00% 772 $13K Reduce -95.0%
HES Hess Corp. 0.00% 88 $12K No change
COR Cencora Inc. 0.00% 39 $12K No change
EXPE Expedia Group Inc. 0.00% 68 $11K No change
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.00% 87 $11K No change
DAL Delta Air Lines Inc. 0.00% 214 $11K No change
SEDG Solaredge Technologies Inc. 0.00% 444 $9K New
BALL Ball Corp. 0.00% 161 $9K No change
GTLB Gitlab Inc. Class A 0.00% 200 $9K No change
CSL Carlisle Cos Inc. 0.00% 24 $9K No change
MBLY Mobileye Global Inc. Class A 0.00% 438 $8K Reduce -74.3%
VLO Valero Energy Corp. 0.00% 57 $8K No change
VYMI Vanguard Int High DVD YLD Inc. 0.00% 94 $8K No change
GNRC Generac Holdings Inc. 0.00% 52 $7K New
VFH Vanguard Financials ETF 0.00% 46 $6K Reduce -100.0%
MCHI iShares MSCI China ETF 0.00% 102 $6K No change
ZM Zoom Communications Inc. 0.00% 31 $2K No change
KLG WK Kellogg Co. 0.00% 49 $781 No change
CVAC Curevac NV 0.00% 90 $489 No change

Portfolio Sells Q1 2025 → Q2 2025
VFH Vanguard Financials ETF Reduce -100.0% 0.00% −0.73
AAPL Apple Inc. Reduce -2.4% 2.88% −0.73
BKNG Booking Holdings Inc. Reduce -97.6% 0.01% −0.38
VTV Vanguard Mrngstr Val ETF-Aui Reduce -98.4% 0.01% −0.38
PANW Palo Alto Networks Inc. Reduce -89.5% 0.04% −0.34
TT Trane Technologies PLC Sold out 0.00% −0.32
VB Vanguard Most SM-Cap ETF-Usd Reduce -99.3% 0.00% −0.19
PLD Prologis Inc. Reduce -49.7% 0.14% −0.19
IYJ iShares U.S. Industrials ETF Sold out 0.00% −0.19
SLB SLB Ltd. Reduce -77.3% 0.04% −0.19
VOO Vanguard S&P 500 ETF Reduce -48.8% 0.18% −0.18
JNJ Johnson & Johnson Reduce -5.7% 0.48% −0.14
ABBV Abbvie Inc. Reduce -2.5% 0.42% −0.13
HON Honeywell International Inc. Reduce -80.7% 0.03% −0.12
ACN Accenture PLC Class A Reduce -29.7% 0.17% −0.11
CTAS Cintas Corp. Reduce -21.4% 0.34% −0.11
PG The Procter & Gamble Co. Reduce -5.3% 0.39% −0.11
MCD McDonald's Corp. Reduce -0.1% 0.44% −0.09
TMUS T-Mobile US Inc. Reduce -3.6% 0.27% −0.09
WBD Warner Bros Discovery Inc. Sold out 0.00% −0.07
ADP Automatic Data Processing Reduce -15.9% 0.22% −0.07
CRM Salesforce Inc. Reduce -7.6% 0.35% −0.07
HSY The Hershey Co. Reduce -11.0% 0.22% −0.07
B Barrick Mining Corp. Reduce -0.5% 1.08% −0.07
TMO Thermo Fisher Scientific Inc. Reduce -3.0% 0.15% −0.06
BMY Bristol-Myers Squibb Co. Reduce -5.5% 0.10% −0.06
VRTX Vertex Pharmaceuticals Inc. Reduce -0.1% 0.25% −0.06
ACWI iShares MSCI Acwi ETF Reduce -1.3% 1.60% −0.06
WM Waste Management Inc. Reduce -6.0% 0.25% −0.05
NEE Nextera Energy Inc. Reduce -0.5% 0.31% −0.05
CL Colgate-Palmolive Co. Reduce -5.2% 0.21% −0.05
AMN Amn Healthcare Services Inc. Sold out 0.00% −0.05
PDD PDD Holdings Inc. Reduce -41.8% 0.04% −0.05
KO The Coca-Cola Co. Reduce -1.7% 0.28% −0.04
FISV Fiserv Inc. Sold out 0.00% −0.04
DECK Deckers Outdoor Corp. Reduce -36.2% 0.04% −0.04
UPS United Parcel Service Class B Reduce -1.8% 0.16% −0.04
PYPL PayPal Holdings Inc. Reduce -77.1% 0.01% −0.04
DHR Danaher Corp. Reduce -4.4% 0.16% −0.04
AMAT Applied Materials Inc. Reduce -75.2% 0.01% −0.04
CSCO Cisco Systems Inc. Reduce -8.0% 0.40% −0.04
EQIX Equinix Inc. Sold out 0.00% −0.04
UNP Union Pacific Corp. Reduce -3.6% 0.17% −0.03
ELV Elevance Health Inc. Reduce -0.1% 0.13% −0.03
ADBE Adobe Inc. Reduce -3.0% 0.21% −0.03
MDT Medtronic PLC Reduce -2.9% 0.16% −0.03
EXC Exelon Corp. Reduce -0.1% 0.16% −0.03
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.03
HCA HCA Healthcare Inc. Reduce -63.2% 0.02% −0.03
TSM Taiwan Semiconductor-SP ADR Reduce -36.0% 0.11% −0.03

Portfolio Buys Q1 2025 → Q2 2025
SMH Vaneck Semiconductor ETF New 1.31% +1.31
MSFT Microsoft Corp. Add +0.5% 3.72% +0.57
SPHB Invesco S&P 500 High Beta Et New 0.52% +0.52
ARKK ARK Innovation ETF New 0.45% +0.45
UBER Uber Technologies Inc. Add +118.9% 0.58% +0.34
QQQ Invesco QQQ Trust Series 1 Add +12.0% 2.01% +0.29
IVV iShares Core S&P 500 ETF Add +3.4% 23.24% +0.28
PLTR Palantir Technologies Inc. Class A Add +2050.0% 0.25% +0.24
AEM Agnico Eagle Mines Ltd. Add +2580.7% 0.22% +0.21
SCHW Schwab (charles) Corp. Add +934.9% 0.20% +0.18
TRP TC Energy Corp. New 0.18% +0.18
IBM Intl Business Machines Corp. Add +148.2% 0.26% +0.16
VTWO Vanguard Russell 2000 ETF Add +34.9% 0.65% +0.15
QCOM Qualcomm Inc. Add +56.5% 0.41% +0.12
SE Sea Ltd.-ADR Add +122.4% 0.21% +0.12
AMT American Tower Corp. Add +67.9% 0.31% +0.11
RACE Ferrari NV Add +32.4% 0.38% +0.10
AMD Advanced Micro Devices Add +23.6% 0.27% +0.09
TSLA Tesla Inc. Add +3.8% 0.80% +0.09
AMZN Amazon.com Inc. Add +0.9% 2.73% +0.08
CRWD CrowdStrike Holdings Inc. Class A Add +61.3% 0.14% +0.07
PINS Pinterest Inc. Class A New 0.07% +0.07
EXR Extra Space Storage Inc. Add +217.6% 0.10% +0.06
FNV Franco-Nevada Corp. New 0.06% +0.06
SBUX Starbucks Corp. Add +604.3% 0.07% +0.06
AGI Alamos Gold Inc. Class A New 0.06% +0.06
MELI MercadoLibre Inc. Add +41.8% 0.14% +0.06
WMT Walmart Inc. Add +15.4% 0.44% +0.05
CSGP Costar Group Inc. Add +119.7% 0.11% +0.05
GE General Electric Add +4.9% 0.29% +0.05
APP AppLovin Corp. Class A Add +106.2% 0.07% +0.04
ISRG Intuitive Surgical Inc. Add +19.7% 0.27% +0.04
PBW Invesco Wilderhill Clean Ene Add +20.5% 0.12% +0.03
XME SS SPDR S&P Metals Mining Add +16.8% 0.16% +0.03
ABT Abbott Laboratories Add +20.0% 0.35% +0.03
JAZZ Jazz Pharmaceuticals PLC Add +4654.2% 0.03% +0.03
EFX Equifax Inc. Add +75.4% 0.07% +0.03
DXCM Dexcom Inc. Add +17.1% 0.11% +0.03
CBRE CBRE Group Inc. Class A Add +53.6% 0.08% +0.03
BA The Boeing Co. New 0.02% +0.02
CRWV Coreweave Inc. Class A New 0.02% +0.02
OKTA Okta Inc. New 0.02% +0.02
EMR Emerson Electric Co. Add +0.2% 0.26% +0.02
C Citigroup Inc. Add +0.4% 0.28% +0.02
SNPS Synopsys Inc. Add +24.8% 0.07% +0.02
XOP SS SPDR S&P Og Exp & Prod Add +33.5% 0.15% +0.02
CAAP Corp. America Airports SA New 0.02% +0.02
ANSS Ansys Inc. Add +46.4% 0.06% +0.02
LITE Lumentum Holdings Inc. New 0.02% +0.02
ICLN iShares Global Clean Energy Add +5.0% 0.24% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 519$9.5BJAAA, IVV, LQD, PAAA, QQQ
Q1 2026 473$9.0BJAAA, IVV, LQD, PAAA, NEM
Q4 2025 431$7.8BJAAA, IVV, LQD, VCLT, NEM
Q3 2025 372$4.7BIVV, NVDA, MSFT, AAPL, NEM
Q2 2025 387$4.2BIVV, MSFT, NVDA, AAPL, AMZN
Q1 2025 417$3.7BIVV, AAPL, MSFT, NVDA, AMZN
Q4 2024 432$3.8BIVV, AAPL, MSFT, NVDA, AMZN
Q3 2024 376$3.7BIVV, AAPL, MSFT, NVDA, AMZN
Q2 2024 453$3.4BIVV, MSFT, AAPL, NVDA, AMZN
Q1 2024 450$3.2BIVV, MSFT, AAPL, AMZN, GOOGL