Allianz SE
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Allianz SE reported 431 stock positions worth $7.8 billion. Its top holding was Janus Henderson Aaa Clo ETF (JAAA) at 17.2% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 15.0%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 11.2%). Compared with Q3 2025, it opened 84 new positions, sold out of 26, added to 94 and reduced 89. The biggest buy was a new position in Janus Henderson Aaa Clo ETF (JAAA) and the biggest sale Newmont (NEM, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- Munich, 2M
- CIK
- 0001127508
- Portfolio Value
- $7.8B (Q4 2025)
- SEC Filing
- 0001193125-26-049789 ↗ filed Feb 13, 2026
Holdings Value
Holdings 431 stocks · $7.8B
| JAAA Janus Henderson Aaa Clo ETF | 17.17% | 26,360,832 | $1.3B | New |
| IVV iShares Core S&P 500 ETF | 14.96% | 1,696,376 | $1.2B | Add +3.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 11.16% | 7,862,205 | $866.3M | New |
| VCLT Vanguard Long-Term Corp. Bond | 2.36% | 2,416,012 | $183.3M | New |
| NEM Newmont Corp. | 2.27% | 1,768,890 | $176.6M | Reduce -0.0% |
| NVDA Nvidia Corp. | 2.17% | 902,302 | $168.3M | Add +0.0% |
| AAPL Apple Inc. | 2.13% | 609,786 | $165.8M | Add +0.9% |
| MSFT Microsoft Corp. | 2.02% | 323,841 | $156.6M | Add +0.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.82% | 230,003 | $141.3M | Add +9.0% |
| B Barrick Mining Corp. | 1.81% | 3,224,874 | $140.7M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 1.81% | 449,175 | $140.6M | Reduce -2.9% |
| AMZN Amazon.com Inc. | 1.57% | 528,565 | $122.0M | Add +0.2% |
| IAU iShares Gold Trust | 1.29% | 1,233,566 | $100.1M | Add +4.0% |
| ALTI Alti Global Inc. | 1.25% | 20,841,870 | $96.7M | No change |
| IGLB iShares 10+ Year Inv GR Corp. | 1.05% | 1,622,000 | $81.8M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.05% | 119,270 | $81.3M | Add +3.6% |
| ACWI iShares MSCI Acwi ETF | 0.95% | 519,175 | $73.5M | Reduce -1.3% |
| GOOG Alphabet Inc. Class C | 0.91% | 226,039 | $70.9M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 0.85% | 204,457 | $65.9M | Reduce -0.2% |
| PFE Pfizer Inc. | 0.80% | 2,485,812 | $61.9M | Add +238.3% |
| EZU iShares MSCI Eurozone ETF | 0.79% | 957,574 | $61.4M | Add +0.1% |
| PM Philip Morris International | 0.78% | 379,524 | $60.9M | Add +130.9% |
| AVGO Broadcom Inc. | 0.76% | 171,040 | $59.2M | Add +0.3% |
| META Meta Platforms Inc. Class A | 0.74% | 87,258 | $57.6M | Add +9.3% |
| VOO Vanguard S&P 500 ETF | 0.64% | 79,361 | $49.8M | Add +44.1% |
| TSLA Tesla Inc. | 0.63% | 107,952 | $48.5M | Reduce -0.3% |
| AXP American Express Co. | 0.62% | 130,352 | $48.2M | No change |
| LLY Eli Lilly & Co. | 0.58% | 41,916 | $45.0M | Add +5.9% |
| V Visa Inc. Class A | 0.52% | 114,979 | $40.3M | Add +1.3% |
| LIN Linde PLC | 0.51% | 93,381 | $39.8M | Add +41.5% |
| MA Mastercard Inc. Class A | 0.48% | 65,082 | $37.2M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 67,908 | $34.1M | Add +2.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.37% | 349,915 | $29.0M | Add +2.2% |
| JNJ Johnson & Johnson | 0.36% | 135,166 | $28.0M | Add +2.7% |
| CAT Caterpillar Inc. | 0.35% | 47,764 | $27.4M | No change |
| UNH Unitedhealth Group Inc. | 0.33% | 78,245 | $25.8M | Add +3.5% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.33% | 377,100 | $25.4M | New |
| NKE Nike Inc. Class B | 0.33% | 396,357 | $25.3M | Add +200.2% |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.32% | 109,015 | $25.1M | Add +6.3% |
| EMNT PIMCO Enhcd St M-Active ESG | 0.32% | 249,000 | $24.5M | New |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.31% | 300,000 | $24.2M | New |
| ABBV Abbvie Inc. | 0.29% | 97,245 | $22.2M | Add +2.7% |
| OWNS CCM Affordable Hous MBS ETF | 0.28% | 1,248,751 | $21.8M | New |
| EEM iShares MSCI Emerging Market | 0.28% | 397,182 | $21.7M | Add +3.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.28% | 189,323 | $21.5M | Reduce -0.0% |
| WMT Walmart Inc. | 0.27% | 190,204 | $21.2M | Add +0.2% |
| AMD Advanced Micro Devices | 0.26% | 95,061 | $20.4M | Reduce -10.5% |
| ORCL Oracle Corp. | 0.26% | 104,209 | $20.3M | Reduce -4.4% |
| MCD McDonald's Corp. | 0.25% | 63,646 | $19.5M | No change |
| WFC Wells Fargo & Co. | 0.25% | 206,925 | $19.3M | No change |
| CSCO Cisco Systems Inc. | 0.24% | 245,428 | $18.9M | Reduce -2.2% |
| COST Costco Wholesale Corp. | 0.24% | 21,903 | $18.9M | No change |
| FDX FedEx Corp. | 0.24% | 65,201 | $18.8M | No change |
| GS Goldman Sachs Group Inc. | 0.24% | 21,297 | $18.7M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.24% | 347,897 | $18.7M | Add +0.5% |
| NFLX Netflix Inc. | 0.24% | 197,430 | $18.5M | Reduce -1.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.24% | 331,935 | $18.3M | No change |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.22% | 298,008 | $16.7M | Add +5.7% |
| FXI iShares China Large-Cap ETF | 0.21% | 434,931 | $16.7M | Add +5.9% |
| TTE Totalenergies SE | 0.21% | 250,382 | $16.3M | New |
| C Citigroup Inc. | 0.21% | 139,171 | $16.2M | Reduce -0.5% |
| MS Morgan Stanley | 0.20% | 88,907 | $15.8M | No change |
| NEE Nextera Energy Inc. | 0.20% | 196,526 | $15.8M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 0.20% | 106,710 | $15.3M | Add +3.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.19% | 56,605 | $14.6M | No change |
| HD Home Depot Inc. | 0.18% | 41,291 | $14.2M | No change |
| ADBE Adobe Inc. | 0.18% | 39,848 | $13.9M | Add +5.6% |
| AMGN Amgen Inc. | 0.18% | 42,605 | $13.9M | Add +3.0% |
| UBER Uber Technologies Inc. | 0.18% | 168,775 | $13.8M | Reduce -4.6% |
| AEM Agnico Eagle Mines Ltd. | 0.18% | 81,105 | $13.8M | Add +0.9% |
| PLTR Palantir Technologies Inc. Class A | 0.18% | 77,255 | $13.7M | Add +0.1% |
| CRM Salesforce Inc. | 0.18% | 51,666 | $13.7M | Add +3.6% |
| BKF iShares MSCI Bic ETF | 0.17% | 303,229 | $13.3M | Add +1.9% |
| ENB Enbridge Inc. | 0.17% | 277,000 | $13.3M | No change |
| GE General Electric filed as GE AEROSPACE | 0.17% | 42,153 | $13.0M | Reduce -15.1% |
| ISRG Intuitive Surgical Inc. | 0.17% | 22,844 | $12.9M | Reduce -11.0% |
| ICLN iShares Global Clean Energy | 0.16% | 760,656 | $12.5M | Reduce -2.8% |
| SPBX Allianzim 6M BUFFER10 Alloc | 0.16% | 445,540 | $12.2M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.15% | 40,150 | $11.9M | Reduce -0.2% |
| RACE Ferrari NV | 0.15% | 32,112 | $11.9M | Reduce -6.6% |
| BLK BlackRock Inc. | 0.15% | 11,064 | $11.8M | Add +1.1% |
| MU Micron Technology Inc. | 0.15% | 40,206 | $11.5M | Add +253.2% |
| ABT Abbott Laboratories | 0.15% | 91,323 | $11.4M | Add +5.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.15% | 25,181 | $11.4M | Add +5.3% |
| MRK Merck & Co. Inc. | 0.15% | 107,831 | $11.4M | Add +7.1% |
| QCOM Qualcomm Inc. | 0.15% | 66,240 | $11.3M | Reduce -3.9% |
| GHYG iShares Us&intl High Yield C | 0.14% | 241,735 | $11.2M | Add +12.7% |
| ADI Analog Devices Inc. | 0.14% | 40,484 | $11.0M | No change |
| EMR Emerson Electric Co. | 0.14% | 82,658 | $11.0M | No change |
| PEP Pepsico Inc. | 0.14% | 75,523 | $10.8M | Add +7.1% |
| WM Waste Management Inc. | 0.14% | 48,886 | $10.7M | Add +12.0% |
| SRE Sempra | 0.14% | 121,190 | $10.7M | No change |
| CB Chubb Ltd. | 0.13% | 32,720 | $10.2M | No change |
| HSY The Hershey Co. | 0.13% | 55,741 | $10.1M | No change |
| INTU Intuit Inc. | 0.13% | 15,129 | $10.0M | Reduce -2.6% |
| TMUS T-Mobile US Inc. | 0.13% | 48,711 | $9.9M | No change |
| SHOP Shopify Inc. Class A | 0.13% | 60,580 | $9.8M | Reduce -0.1% |
| TMO Thermo Fisher Scientific Inc. | 0.12% | 16,528 | $9.6M | Add +6.3% |
| PH Parker Hannifin Corp. | 0.12% | 10,700 | $9.4M | New |
| COHR Coherent Corp. | 0.12% | 50,884 | $9.4M | New |
Portfolio Sells Q3 2025 → Q4 2025
| NEM Newmont Corp. | Reduce -0.0% | 2.27% | −0.89 |
| ACWI iShares MSCI Acwi ETF | Reduce -1.3% | 0.95% | −0.60 |
| GOOGL Alphabet Inc. Class A | Reduce -2.9% | 1.81% | −0.58 |
| JPM JPMorgan Chase & Co. | Reduce -0.2% | 0.85% | −0.52 |
| B Barrick Mining Corp. | Reduce -0.2% | 1.81% | −0.44 |
| TSLA Tesla Inc. | Reduce -0.3% | 0.63% | −0.40 |
| ORCL Oracle Corp. | Reduce -4.4% | 0.26% | −0.39 |
| VFH Vanguard Financials ETF | Reduce -100.0% | 0.00% | −0.38 |
| NFLX Netflix Inc. | Reduce -1.8% | 0.24% | −0.27 |
| GOOG Alphabet Inc. Class C | Reduce -0.6% | 0.91% | −0.26 |
| RACE Ferrari NV | Reduce -6.6% | 0.15% | −0.20 |
| UBER Uber Technologies Inc. | Reduce -4.6% | 0.18% | −0.19 |
| DIS The Walt Disney Co. | Reduce -0.0% | 0.28% | −0.18 |
| AMT American Tower Corp. | Reduce -46.0% | 0.07% | −0.17 |
| GE General Electric | Reduce -15.1% | 0.17% | −0.15 |
| CSX CSX Corp. | Sold out | 0.00% | −0.15 |
| CSCO Cisco Systems Inc. | Reduce -2.2% | 0.24% | −0.12 |
| SE Sea Ltd.-ADR | Reduce -0.3% | 0.09% | −0.12 |
| NEE Nextera Energy Inc. | Reduce -0.3% | 0.20% | −0.11 |
| AZO AutoZone Inc. | Reduce -4.1% | 0.09% | −0.11 |
| AMD Advanced Micro Devices | Reduce -10.5% | 0.26% | −0.10 |
| LITE Lumentum Holdings Inc. | Reduce -99.0% | 0.00% | −0.10 |
| QCOM Qualcomm Inc. | Reduce -3.9% | 0.15% | −0.10 |
| ADP Automatic Data Processing | Reduce -3.2% | 0.10% | −0.10 |
| ICLN iShares Global Clean Energy | Reduce -2.8% | 0.16% | −0.10 |
| INTU Intuit Inc. | Reduce -2.6% | 0.13% | −0.10 |
| C Citigroup Inc. | Reduce -0.5% | 0.21% | −0.09 |
| IBM Intl Business Machines Corp. | Reduce -0.2% | 0.15% | −0.09 |
| AMAT Applied Materials Inc. | Reduce -61.1% | 0.03% | −0.08 |
| NOW ServiceNow Inc. | Reduce -2.3% | 0.08% | −0.08 |
| INTC Intel Corp. | Reduce -53.3% | 0.04% | −0.08 |
| ISRG Intuitive Surgical Inc. | Reduce -11.0% | 0.17% | −0.08 |
| APP AppLovin Corp. Class A | Reduce -87.5% | 0.01% | −0.07 |
| EXC Exelon Corp. | Reduce -1.5% | 0.10% | −0.07 |
| SHOP Shopify Inc. Class A | Reduce -0.1% | 0.13% | −0.07 |
| PBW Invesco Wilderhill Clean Ene | Reduce -21.0% | 0.07% | −0.06 |
| GDX Vaneck Gold Miners ETF | Reduce -6.0% | 0.11% | −0.06 |
| GEV GE Vernova Inc. | Reduce -1.5% | 0.11% | −0.06 |
| KO The Coca-Cola Co. | Reduce -1.3% | 0.10% | −0.06 |
| MELI MercadoLibre Inc. | Reduce -5.4% | 0.05% | −0.06 |
| CCI Crown Castle Inc. | Reduce -99.1% | 0.00% | −0.06 |
| ACN Accenture PLC Class A | Reduce -4.5% | 0.08% | −0.05 |
| KLAC KLA Corp. | Reduce -4.4% | 0.09% | −0.05 |
| PINS Pinterest Inc. Class A | Reduce -8.5% | 0.04% | −0.05 |
| LEU Centrus Energy Corp. Class A | Reduce -2.7% | 0.03% | −0.04 |
| EMBJ Embraer SA-Spon ADR | Reduce -90.4% | 0.00% | −0.04 |
| FCX Freeport-McMoran Inc. | Reduce -3.9% | 0.12% | −0.04 |
| BKR Baker Hughes Co. | Reduce -9.7% | 0.04% | −0.04 |
| TEL Te Connectivity PLC | Reduce -9.3% | 0.05% | −0.04 |
| JAZZ Jazz Pharmaceuticals PLC | Sold out | 0.00% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| JAAA Janus Henderson Aaa Clo ETF | New | 17.17% | +17.17 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 11.16% | +11.16 |
| VCLT Vanguard Long-Term Corp. Bond | New | 2.36% | +2.36 |
| IGLB iShares 10+ Year Inv GR Corp. | New | 1.05% | +1.05 |
| PFE Pfizer Inc. | Add +238.3% | 0.80% | +0.40 |
| VWOB Vanguard Emerg MKTS Gov BND | New | 0.33% | +0.33 |
| EMNT PIMCO Enhcd St M-Active ESG | New | 0.32% | +0.32 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 0.31% | +0.31 |
| OWNS CCM Affordable Hous MBS ETF | New | 0.28% | +0.28 |
| PM Philip Morris International | Add +130.9% | 0.78% | +0.22 |
| TTE Totalenergies SE | New | 0.21% | +0.21 |
| SPBX Allianzim 6M BUFFER10 Alloc | New | 0.16% | +0.16 |
| NKE Nike Inc. Class B | Add +200.2% | 0.33% | +0.13 |
| PH Parker Hannifin Corp. | New | 0.12% | +0.12 |
| COHR Coherent Corp. | New | 0.12% | +0.12 |
| SPBW Allianzim BUFFER20 Alloc | New | 0.12% | +0.12 |
| MU Micron Technology Inc. | Add +253.2% | 0.15% | +0.11 |
| ANGL Vaneck Fallen Angel High YLD | New | 0.09% | +0.09 |
| SPIB SS SPDR P Int C Corp. ETF | New | 0.07% | +0.07 |
| WELL Welltower Inc. | Add +422.8% | 0.10% | +0.07 |
| MARU Allianzim US BF15 Uncap Mar | New | 0.07% | +0.07 |
| QBSF Allianzim US Eq BUFFER15 | New | 0.06% | +0.06 |
| AIOO Allianzim US Eq BUFFER100 | New | 0.06% | +0.06 |
| SPBU Allizim BUF15 Uncpd Aloc ETF | New | 0.06% | +0.06 |
| FEBU Allianzim US BF15 Uncap Feb | New | 0.05% | +0.05 |
| SEPU Allianzim US BF15 Uncap Sep | New | 0.04% | +0.04 |
| MAYU Allianzim US BF15 Uncap May | New | 0.04% | +0.04 |
| FLAO Allianzim US 6M FL5 Apr-Oct | New | 0.04% | +0.04 |
| AUGU Allianzim US BF15 Uncap Aug | New | 0.04% | +0.04 |
| NVBU Allianzim US BF15 Uncap Nov | New | 0.03% | +0.03 |
| JANU Allianzim US BF15 Uncap Jan | New | 0.03% | +0.03 |
| JNEU Allianzim US BF15 Uncap Jun | New | 0.03% | +0.03 |
| OCTU Allianzim US BF15 Uncap Oct | New | 0.03% | +0.03 |
| MP MP Materials Corp. | New | 0.03% | +0.03 |
| IREN Iren Ltd. | Add +4043.4% | 0.02% | +0.02 |
| IGSB iShares 1-5Y Inv Grade Corp. | New | 0.02% | +0.02 |
| ARLU Allianzim US BF15 Uncap Apr | New | 0.02% | +0.02 |
| ALC Alcon Inc. | Add +1057.7% | 0.02% | +0.02 |
| CWAN Clearwater Analytics HDS-A | New | 0.02% | +0.02 |
| TRIP Tripadvisor Inc. | New | 0.02% | +0.02 |
| COR Cencora Inc. | Add +7641.0% | 0.01% | +0.01 |
| MINT PIMCO Enhanced Short Maturit | New | 0.01% | +0.01 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | New | 0.01% | +0.01 |
| CORP PIMCO Inv Grade Corp. BD ETF | New | 0.01% | +0.01 |
| IONQ Ionq Inc. | New | 0.01% | +0.01 |
| IGIB iShares 5-10Y Inv Grade Corp. | New | 0.01% | +0.01 |
| BIDU Baidu Inc. - Spon ADR | Add +417.6% | 0.01% | +0.01 |
| ZETA Zeta Global Holdings Corp. Class A | New | 0.01% | +0.01 |
| REGN Regeneron Pharmaceuticals | New | 0.01% | +0.01 |
| CAH Cardinal Health Inc. | New | 0.01% | +0.01 |
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 |