Analyst IMS Investment Management Services Ltd.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Analyst IMS Investment Management Services Ltd. reported 129 stock positions worth $2.9 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 27.3% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 19.8%) and Vanguard S&P 500 ETF (VOO, 16.9%). Compared with Q1 2025, it sold out of 4, added to 51 and reduced 23. The biggest buy was Lemonade (LMND, shares +81%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −2%).

Most Recent 13F
Q2 2026
Location
Tel-aviv, L3
CIK
0001634208
Portfolio Value
$2.9B (Q2 2025)
SEC Filing
0001178913-25-002595 ↗ filed Aug 4, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $2.3B Q1 2024 Q2 2024: $2.4B Q2 2024 Q3 2024: $2.6B Q3 2024 Q4 2024: $2.7B Q4 2024 Q1 2025: $2.6B Q1 2025 Q2 2025: $2.9B $2.9B Q2 2025 Q3 2025: $3.2B Q3 2025 Q4 2025: $3.4B Q4 2025 Q1 2026: $3.3B Q1 2026 Q2 2026: $4.3B Q2 2026

Holdings 129 stocks · $2.9B
SPY SS SPDR S&P 500 ETF Trust-US 27.30% 1,293,985 $799.5M Reduce -1.8%
QQQ Invesco QQQ Trust Series 1 19.75% 1,048,667 $578.5M Reduce -0.2%
VOO Vanguard S&P 500 ETF 16.93% 872,981 $495.9M Add +0.2%
IVV iShares Core S&P 500 ETF 7.66% 361,284 $224.3M No change
AAXJ iShares MSCI All Country Asi 2.23% 789,214 $65.2M Add +0.6%
WIX Wix.com Ltd. 2.06% 380,494 $60.3M Add +33.9%
ARE Alexandria Real Estate Equit 1.79% 721,671 $52.4M Add +48.3%
ONEQ Fidelity Nasdaq Comp Indx 1.38% 503,186 $40.3M Reduce -0.1%
SPG Simon Property Group Inc. 1.33% 242,045 $38.9M Add +66.6%
SOXX iShares Semiconductor ETF 1.24% 152,158 $36.3M Add +6.5%
NVDA Nvidia Corp. 1.17% 216,631 $34.2M Reduce -1.3%
MCHI iShares MSCI China ETF 0.93% 493,430 $27.2M Reduce -0.0%
MSFT Microsoft Corp. 0.87% 51,274 $25.5M Reduce -1.9%
LMND Lemonade Inc. 0.86% 571,768 $25.0M Add +80.7%
BXP BXP Inc. 0.78% 339,596 $22.9M Add +49.7%
XLC SS Comm Select Sector SPDR 0.74% 200,550 $21.8M Add +20.0%
IWM iShares Russell 2000 ETF 0.72% 97,865 $21.1M Reduce -0.0%
GOOG Alphabet Inc. Class C 0.61% 101,492 $18.0M Reduce -3.7%
META Meta Platforms Inc. Class A 0.60% 23,714 $17.5M Add +1.2%
AMZN Amazon.com Inc. 0.59% 78,242 $17.2M Reduce -13.9%
AAPL Apple Inc. 0.51% 72,827 $14.9M Add +4.3%
XLV SS Health Care Select Sector 0.48% 104,831 $14.1M Add +4.8%
ITRN Ituran Location and Control 0.47% 356,956 $13.8M No change
FVRR Fiverr International Ltd. 0.47% 468,729 $13.7M Add +19.1%
XLK SS Technology Select Sector 0.40% 46,309 $11.7M Add +7.8%
AVGO Broadcom Inc. 0.40% 42,211 $11.6M Add +1.9%
BRK.B Berkshire Hathaway Inc. Class B 0.35% 20,863 $10.1M Add +2.6%
MA Mastercard Inc. Class A 0.33% 17,149 $9.6M Add +0.9%
ASHR Xtrackers Harvest Csi 300 CH 0.33% 349,430 $9.6M Reduce -1.4%
QQQM Invesco Nasdaq 100 ETF 0.31% 40,263 $9.1M Add +10.4%
KIM Kimco Realty Corp. 0.29% 407,692 $8.6M Add +58.2%
ORCL Oracle Corp. 0.26% 35,283 $7.7M Add +0.8%
COST Costco Wholesale Corp. 0.24% 7,247 $7.2M Add +0.3%
VWO Vanguard Ftse Emerging Marke 0.24% 143,543 $7.1M Reduce -0.1%
EEM iShares MSCI Emerging Market 0.20% 123,829 $6.0M No change
WMT Walmart Inc. 0.18% 54,506 $5.3M Add +2.6%
RSP Invesco S&P 500 Equal Weight 0.18% 29,280 $5.3M Add +22.1%
JPM JPMorgan Chase & Co. 0.17% 16,885 $4.9M Add +2.7%
V Visa Inc. Class A 0.16% 12,877 $4.6M Add +2.4%
BABA Alibaba Group Holding-SP ADR 0.16% 40,305 $4.6M No change
ADBE Adobe Inc. 0.15% 11,352 $4.4M Reduce -24.3%
IBB iShares Biotechnology ETF 0.15% 33,758 $4.3M No change
AMAT Applied Materials Inc. 0.14% 21,599 $4.0M No change
PG The Procter & Gamble Co. 0.12% 22,501 $3.6M Add +2.1%
TMUS T-Mobile US Inc. 0.11% 13,958 $3.3M Add +0.7%
CGNT Cognyte Software Ltd. 0.11% 351,521 $3.2M No change
PANW Palo Alto Networks Inc. 0.11% 15,460 $3.2M No change
SLG SL Green Realty Corp. 0.11% 50,820 $3.1M No change
TSM Taiwan Semiconductor-SP ADR 0.11% 13,754 $3.1M No change
CEG Constellation Energy 0.10% 9,017 $2.9M Add +85.4%
TSLA Tesla Inc. 0.10% 9,077 $2.9M Reduce -50.1%
EMXC iShares MSCI Emr MRK Ex Chna 0.09% 43,530 $2.7M No change
NEE Nextera Energy Inc. 0.09% 38,747 $2.7M Add +8.8%
XLI SS Industrial Select Sector 0.09% 18,200 $2.7M No change
ONON On Holding AG Class A filed as ON HLDG AG 0.09% 49,120 $2.6M No change
FISV Fiserv Inc. 0.09% 14,670 $2.5M Add +14.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.09% 53,282 $2.5M Add +2.0%
INTU Intuit Inc. 0.09% 3,191 $2.5M No change
SAP Sap SE-Sponsored ADR 0.08% 8,150 $2.5M No change
MELI MercadoLibre Inc. 0.08% 937 $2.4M No change
ASML ASML Holding NV-NY Reg SHS 0.08% 2,812 $2.3M No change
GOOGL Alphabet Inc. Class A 0.08% 12,666 $2.2M Add +12.7%
TT Trane Technologies PLC 0.07% 4,969 $2.2M No change
TCOM Trip.com Group Ltd.-ADR 0.07% 36,900 $2.2M No change
C Citigroup Inc. 0.07% 24,653 $2.1M No change
QCOM Qualcomm Inc. 0.07% 12,416 $2.0M No change
CIEN Ciena Corp. 0.07% 24,232 $2.0M No change
KO The Coca-Cola Co. 0.06% 25,190 $1.8M Add +3.5%
NFLX Netflix Inc. 0.06% 1,245 $1.7M Add +3.0%
PM Philip Morris International 0.06% 9,110 $1.7M Add +3.6%
GE General Electric filed as GE AEROSPACE 0.05% 6,241 $1.6M Add +105.6%
AMD Advanced Micro Devices 0.05% 10,542 $1.5M No change
VGK Vanguard Ftse Europe ETF 0.05% 19,144 $1.5M Add +25.0%
FTNT Fortinet Inc. 0.05% 13,693 $1.4M No change
SE Sea Ltd.-ADR 0.05% 8,331 $1.3M No change
HD Home Depot Inc. 0.05% 3,628 $1.3M Reduce -42.7%
LLY Eli Lilly & Co. 0.04% 1,690 $1.3M Reduce -43.4%
SN Sharkninja Inc. 0.04% 12,505 $1.2M Add +60.2%
BA The Boeing Co. 0.04% 5,874 $1.2M Add +302.1%
XLP SS Consumer Staples Sel Sect 0.04% 14,970 $1.2M No change
PEP Pepsico Inc. 0.04% 8,945 $1.2M No change
VTWO Vanguard Russell 2000 ETF 0.04% 13,500 $1.2M No change
RTX RTX Corp. 0.04% 7,819 $1.1M Add +107.6%
UBER Uber Technologies Inc. 0.04% 12,239 $1.1M Add +107.2%
MCD McDonald's Corp. 0.04% 3,733 $1.1M Reduce -34.3%
JNJ Johnson & Johnson 0.04% 7,090 $1.1M Reduce -31.7%
WFC Wells Fargo & Co. 0.04% 13,439 $1.1M No change
CAT Caterpillar Inc. 0.04% 2,752 $1.1M Add +103.5%
UNP Union Pacific Corp. 0.03% 4,428 $1.0M Reduce -36.2%
WDAY Workday Inc. Class A 0.03% 4,048 $972K No change
CVX Chevron Corp. 0.03% 6,751 $966K Add +1.0%
CHKP Check Point Software Tech 0.03% 4,223 $934K No change
NICE Nice Ltd. - Spon ADR 0.03% 5,337 $901K No change
BKNG Booking Holdings Inc. 0.03% 149 $863K Reduce -37.9%
PRGO Perrigo Co. PLC 0.03% 32,236 $861K No change
XOM Exxon Mobil Corp. 0.03% 7,816 $843K Add +2.2%
NXPI NXP Semiconductors NV 0.03% 3,720 $813K No change
LIN Linde PLC 0.03% 1,650 $774K No change
REGN Regeneron Pharmaceuticals 0.03% 1,425 $748K No change
ELV Elevance Health Inc. 0.03% 1,894 $737K No change
BRK.A Berkshire Hathaway Inc. Class A 0.02% 1 $729K No change
CMG Chipotle Mexican Grill Inc. 0.02% 12,400 $696K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 5,261 $652K Add +0.3%
ACWI iShares MSCI Acwi ETF 0.02% 4,762 $612K Add +24.7%
NKE Nike Inc. Class B 0.02% 8,534 $606K No change
ABBV Abbvie Inc. 0.02% 3,185 $591K Reduce -43.1%
AMGN Amgen Inc. 0.02% 2,050 $572K No change
AZN Astrazeneca PLC-Spons ADR 0.02% 7,900 $552K No change
NOC Northrop Grumman Corp. 0.02% 1,071 $535K No change
UNH Unitedhealth Group Inc. 0.02% 1,707 $533K Reduce -49.9%
LHX L3HARRIS Technologies Inc. 0.02% 2,126 $533K No change
BP BP PLC-Spons ADR 0.02% 16,947 $507K No change
ABT Abbott Laboratories 0.02% 3,646 $496K Reduce -39.3%
ISRA Vaneck Israel ETF 0.02% 9,541 $495K Add +11.8%
VHT Vanguard Health Care ETF 0.02% 1,980 $492K No change
PLD Prologis Inc. 0.02% 4,246 $446K Add +2.3%
XLF SS Financial Select Sector 0.01% 8,318 $436K Reduce -6.1%
XLRE SS Real Estate Select Sector 0.01% 8,579 $355K No change
NVS Novartis AG-Sponsored ADR 0.01% 2,781 $337K No change
SILC Silicom Ltd. 0.01% 20,680 $320K No change
SCHX Schwab US Large-Cap ETF 0.01% 12,600 $308K No change
CSTE Caesarstone Ltd. 0.01% 156,361 $308K No change
AMT American Tower Corp. 0.01% 1,370 $303K Add +3.6%
WELL Welltower Inc. 0.01% 1,913 $294K Add +5.5%
SNY Sanofi-ADR 0.01% 5,208 $252K No change
EQIX Equinix Inc. 0.01% 286 $228K Add +3.6%
EQNR Equinor ASA-Spon ADR 0.01% 9,020 $227K No change
HON Honeywell International Inc. 0.01% 949 $221K No change
MRK Merck & Co. Inc. 0.01% 2,565 $203K No change

Portfolio Sells Q1 2025 → Q2 2025
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.8% 27.30% −1.36
MCHI iShares MSCI China ETF Reduce -0.0% 0.93% −0.12
AMZN Amazon.com Inc. Reduce -13.9% 0.59% −0.09
TSLA Tesla Inc. Reduce -50.1% 0.10% −0.08
ADBE Adobe Inc. Reduce -24.3% 0.15% −0.07
UNH Unitedhealth Group Inc. Reduce -49.9% 0.02% −0.05
LLY Eli Lilly & Co. Reduce -43.4% 0.04% −0.05
HD Home Depot Inc. Reduce -42.7% 0.05% −0.04
IWM iShares Russell 2000 ETF Reduce -0.0% 0.72% −0.04
ASHR Xtrackers Harvest Csi 300 CH Reduce -1.4% 0.33% −0.04
MCD McDonald's Corp. Reduce -34.3% 0.04% −0.03
FIS Fidelity National Info Serv Sold out 0.00% −0.03
JNJ Johnson & Johnson Reduce -31.7% 0.04% −0.03
UNP Union Pacific Corp. Reduce -36.2% 0.03% −0.03
ABBV Abbvie Inc. Reduce -43.1% 0.02% −0.03
GOOG Alphabet Inc. Class C Reduce -3.7% 0.61% −0.03
ABT Abbott Laboratories Reduce -39.3% 0.02% −0.01
BKNG Booking Holdings Inc. Reduce -37.9% 0.03% −0.01
FTV Fortive Corp. Sold out 0.00% −0.01
VWO Vanguard Ftse Emerging Marke Reduce -0.1% 0.24% −0.01
BIIB Biogen Inc. Sold out 0.00% −0.01
XLF SS Financial Select Sector Reduce -6.1% 0.01% −0.00
PLUG Plug Power Inc. Sold out 0.00% −0.00
ONEQ Fidelity Nasdaq Comp Indx Reduce -0.1% 1.38% +0.04
MSFT Microsoft Corp. Reduce -1.9% 0.87% +0.11
NVDA Nvidia Corp. Reduce -1.3% 1.17% +0.24
QQQ Invesco QQQ Trust Series 1 Reduce -0.2% 19.75% +0.60

Portfolio Buys Q1 2025 → Q2 2025
LMND Lemonade Inc. Add +80.7% 0.86% +0.47
SPG Simon Property Group Inc. Add +66.6% 1.33% +0.39
WIX Wix.com Ltd. Add +33.9% 2.06% +0.25
SOXX iShares Semiconductor ETF Add +6.5% 1.24% +0.19
BXP BXP Inc. Add +49.7% 0.78% +0.19
AVGO Broadcom Inc. Add +1.9% 0.40% +0.13
XLC SS Comm Select Sector SPDR Add +20.0% 0.74% +0.12
FVRR Fiverr International Ltd. Add +19.1% 0.47% +0.11
KIM Kimco Realty Corp. Add +58.2% 0.29% +0.08
ORCL Oracle Corp. Add +0.8% 0.26% +0.07
META Meta Platforms Inc. Class A Add +1.2% 0.60% +0.07
CEG Constellation Energy Add +85.4% 0.10% +0.06
XLK SS Technology Select Sector Add +7.8% 0.40% +0.06
ARE Alexandria Real Estate Equit Add +48.3% 1.79% +0.04
QQQM Invesco Nasdaq 100 ETF Add +10.4% 0.31% +0.04
BA The Boeing Co. Add +302.1% 0.04% +0.03
GE General Electric Add +105.6% 0.05% +0.03
UBER Uber Technologies Inc. Add +107.2% 0.04% +0.02
RSP Invesco S&P 500 Equal Weight Add +22.1% 0.18% +0.02
RTX RTX Corp. Add +107.6% 0.04% +0.02
CAT Caterpillar Inc. Add +103.5% 0.04% +0.02
SN Sharkninja Inc. Add +60.2% 0.04% +0.02
NFLX Netflix Inc. Add +3.0% 0.06% +0.01
JPM JPMorgan Chase & Co. Add +2.7% 0.17% +0.01
VGK Vanguard Ftse Europe ETF Add +25.0% 0.05% +0.01
GOOGL Alphabet Inc. Class A Add +12.7% 0.08% +0.01
ACWI iShares MSCI Acwi ETF Add +24.7% 0.02% +0.00
ISRA Vaneck Israel ETF Add +11.8% 0.02% +0.00
PM Philip Morris International Add +3.6% 0.06% +0.00
DIS The Walt Disney Co. Add +0.3% 0.02% +0.00
BAC Bank of America Corp. Add +2.0% 0.09% +0.00
WMT Walmart Inc. Add +2.6% 0.18% +0.00
WELL Welltower Inc. Add +5.5% 0.01% −0.00
AMT American Tower Corp. Add +3.6% 0.01% −0.00
EQIX Equinix Inc. Add +3.6% 0.01% −0.00
PLD Prologis Inc. Add +2.3% 0.02% −0.00
NEE Nextera Energy Inc. Add +8.8% 0.09% −0.01
XOM Exxon Mobil Corp. Add +2.2% 0.03% −0.01
KO The Coca-Cola Co. Add +3.5% 0.06% −0.01
CVX Chevron Corp. Add +1.0% 0.03% −0.01
V Visa Inc. Class A Add +2.4% 0.16% −0.02
COST Costco Wholesale Corp. Add +0.3% 0.24% −0.02
FISV Fiserv Inc. Add +14.9% 0.09% −0.02
PG The Procter & Gamble Co. Add +2.1% 0.12% −0.02
AAXJ iShares MSCI All Country Asi Add +0.6% 2.23% −0.03
TMUS T-Mobile US Inc. Add +0.7% 0.11% −0.03
MA Mastercard Inc. Class A Add +0.9% 0.33% −0.03
BRK.B Berkshire Hathaway Inc. Class B Add +2.6% 0.35% −0.08
XLV SS Health Care Select Sector Add +4.8% 0.48% −0.09
AAPL Apple Inc. Add +4.3% 0.51% −0.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 152$4.3BQQQ, SPY, VOO, SOXX, AAXJ
Q1 2026 144$3.3BQQQ, SPY, VOO, AAXJ, IVV
Q4 2025 128$3.4BQQQ, SPY, VOO, IVV, AAXJ
Q3 2025 120$3.2BSPY, QQQ, VOO, IVV, AAXJ
Q2 2025 129$2.9BSPY, QQQ, VOO, IVV, AAXJ
Q1 2025 133$2.6BSPY, QQQ, VOO, IVV, AAXJ
Q4 2024 129$2.7BSPY, QQQ, VOO, IVV, WIX
Q3 2024 135$2.6BSPY, QQQ, VOO, IVV, AAXJ
Q2 2024 130$2.4BSPY, QQQ, VOO, IVV, AAXJ
Q1 2024 113$2.3BSPY, VOO, QQQ, IVV, AAXJ