Analyst IMS Investment Management Services Ltd.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 20, 2026), Analyst IMS Investment Management Services Ltd. reported 128 stock positions worth $3.4 billion. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 31.3% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 19.1%) and Vanguard S&P 500 ETF (VOO, 11.8%). Compared with Q3 2025, it opened 13 new positions, sold out of 5, added to 22 and reduced 45. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +69%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −24%).

Most Recent 13F
Q2 2026
Location
Tel-aviv, L3
CIK
0001634208
Portfolio Value
$3.4B (Q4 2025)
SEC Filing
0001178913-26-000166 ↗ filed Jan 20, 2026

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 Q2 2025 Q3 2025: $3.2B Q3 2025 Q4 2025: $3.4B $3.4B Q4 2025 Q1 2026: $3.3B Q1 2026 Q2 2026: $4.3B Q2 2026

Holdings 128 stocks · $3.4B
QQQ Invesco QQQ Trust Series 1 31.35% 1,750,079 $1.1B Add +68.6%
SPY SS SPDR S&P 500 ETF Trust-US 19.12% 961,621 $655.7M Reduce -23.8%
VOO Vanguard S&P 500 ETF 11.84% 647,689 $406.2M Reduce -21.6%
IVV iShares Core S&P 500 ETF 6.76% 338,605 $231.9M Reduce -6.3%
AAXJ iShares MSCI All Country Asi 2.97% 1,095,684 $102.0M Add +1.6%
TEVA Teva Pharmaceutical-SP ADR 1.93% 2,116,302 $66.0M New
VWO Vanguard Ftse Emerging Marke 1.79% 1,139,303 $61.2M Add +0.1%
WIX Wix.com Ltd. 1.45% 477,049 $49.6M Add +5.6%
SOXX iShares Semiconductor ETF 1.37% 156,431 $47.1M Reduce -1.7%
ONEQ Fidelity Nasdaq Comp Indx 1.34% 501,236 $45.8M Reduce -0.1%
ARE Alexandria Real Estate Equit 1.33% 929,106 $45.5M Add +28.1%
SPG Simon Property Group Inc. 1.31% 242,817 $44.9M Reduce -0.0%
LMND Lemonade Inc. 1.28% 617,639 $44.0M Reduce -0.0%
NVDA Nvidia Corp. 1.27% 233,096 $43.5M Add +4.2%
GOOG Alphabet Inc. Class C 0.87% 95,204 $29.9M Reduce -9.3%
XLC SS Comm Select Sector SPDR 0.86% 251,929 $29.7M Add +11.3%
MCHI iShares MSCI China ETF 0.85% 484,779 $29.1M No change
ORCL Oracle Corp. 0.79% 138,329 $27.0M Add +217.9%
MSFT Microsoft Corp. 0.76% 53,940 $26.1M Reduce -1.0%
IWM iShares Russell 2000 ETF 0.72% 100,305 $24.7M Add +3.0%
BXP BXP Inc. 0.67% 339,598 $22.9M Reduce -0.0%
AMZN Amazon.com Inc. 0.53% 79,166 $18.3M Add +5.6%
META Meta Platforms Inc. Class A 0.53% 27,657 $18.3M Add +5.1%
AAPL Apple Inc. 0.50% 63,402 $17.2M Reduce -15.7%
XLK SS Technology Select Sector 0.48% 113,604 $16.4M Add +3.9%
XLV SS Health Care Select Sector 0.47% 104,369 $16.2M Add +0.0%
ITRN Ituran Location and Control 0.45% 356,956 $15.4M No change
AVGO Broadcom Inc. 0.43% 42,875 $14.8M Reduce -10.2%
QQQM Invesco Nasdaq 100 ETF 0.39% 52,990 $13.4M Add +14.3%
FVRR Fiverr International Ltd. 0.36% 618,729 $12.2M No change
ASHR Xtrackers Harvest Csi 300 CH 0.33% 345,757 $11.4M No change
KIM Kimco Realty Corp. 0.24% 407,692 $8.3M No change
RSP Invesco S&P 500 Equal Weight 0.24% 42,500 $8.1M Add +7.1%
EEM iShares MSCI Emerging Market 0.20% 123,829 $6.8M No change
CIEN Ciena Corp. 0.18% 26,526 $6.2M No change
BABA Alibaba Group Holding-SP ADR 0.17% 40,305 $5.9M No change
AMAT Applied Materials Inc. 0.16% 21,599 $5.6M No change
BRK.B Berkshire Hathaway Inc. Class B 0.14% 9,865 $5.0M Reduce -23.0%
COST Costco Wholesale Corp. 0.13% 5,175 $4.5M Reduce -0.4%
AMD Advanced Micro Devices 0.12% 19,542 $4.2M No change
TSM Taiwan Semiconductor-SP ADR 0.12% 13,754 $4.2M No change
IBB iShares Biotechnology ETF 0.11% 23,207 $3.9M No change
MA Mastercard Inc. Class A 0.11% 6,847 $3.9M Reduce -30.3%
GOOGL Alphabet Inc. Class A 0.10% 11,501 $3.6M Reduce -31.8%
CGNT Cognyte Software Ltd. 0.10% 351,521 $3.3M No change
EMXC iShares MSCI Emr MRK Ex Chna 0.09% 43,530 $3.2M No change
CEG Constellation Energy 0.09% 8,839 $3.1M Reduce -0.3%
NEE Nextera Energy Inc. 0.09% 37,651 $3.0M Reduce -0.3%
ASML ASML Holding NV-NY Reg SHS 0.09% 2,812 $3.0M No change
C Citigroup Inc. 0.08% 24,653 $2.9M No change
TSLA Tesla Inc. 0.08% 6,395 $2.9M Reduce -18.9%
PANW Palo Alto Networks Inc. 0.08% 15,460 $2.8M No change
XLI SS Industrial Select Sector 0.08% 18,200 $2.8M No change
LLY Eli Lilly & Co. 0.08% 2,541 $2.7M Add +73.9%
TCOM Trip.com Group Ltd.-ADR 0.08% 36,900 $2.7M No change
SLG SL Green Realty Corp. 0.07% 50,820 $2.3M No change
QCOM Qualcomm Inc. 0.06% 12,416 $2.1M No change
INTU Intuit Inc. 0.06% 3,191 $2.1M No change
SAP Sap SE-Sponsored ADR 0.06% 8,150 $2.0M No change
TT Trane Technologies PLC 0.06% 4,969 $1.9M No change
JNJ Johnson & Johnson 0.06% 9,271 $1.9M Add +42.3%
WMT Walmart Inc. 0.06% 17,112 $1.9M Reduce -1.8%
MELI MercadoLibre Inc. 0.06% 937 $1.9M No change
NFLX Netflix Inc. 0.05% 20,052 $1.9M Reduce -3.5%
ONON On Holding AG Class A filed as ON HLDG AG 0.05% 39,120 $1.8M No change
MRVL Marvell Technology Inc. 0.05% 20,000 $1.7M New
VGK Vanguard Ftse Europe ETF 0.05% 18,523 $1.5M Reduce -5.8%
GE General Electric filed as GE AEROSPACE 0.04% 4,992 $1.5M Reduce -3.8%
PG The Procter & Gamble Co. 0.04% 9,394 $1.3M Reduce -19.3%
V Visa Inc. Class A 0.04% 3,793 $1.3M Reduce -39.2%
TMUS T-Mobile US Inc. 0.04% 6,412 $1.3M Reduce -46.3%
CAT Caterpillar Inc. 0.04% 2,214 $1.3M Reduce -3.4%
JPM JPMorgan Chase & Co. 0.04% 3,841 $1.2M Reduce -47.7%
RTX RTX Corp. 0.03% 6,344 $1.2M Reduce -3.1%
XLP SS Consumer Staples Sel Sect 0.03% 14,930 $1.2M No change
REGN Regeneron Pharmaceuticals 0.03% 1,425 $1.1M No change
BA The Boeing Co. 0.03% 5,057 $1.1M Reduce -2.0%
ABBV Abbvie Inc. 0.03% 4,781 $1.1M Add +73.2%
FTNT Fortinet Inc. 0.03% 13,693 $1.1M No change
MRK Merck & Co. Inc. 0.03% 10,298 $1.1M Add +301.5%
SE Sea Ltd.-ADR 0.03% 8,331 $1.1M No change
HD Home Depot Inc. 0.03% 3,072 $1.1M Reduce -2.5%
UNP Union Pacific Corp. 0.03% 4,428 $1.0M No change
CVX Chevron Corp. 0.03% 6,577 $1.0M Reduce -1.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.03% 8,449 $961K Reduce -3.9%
MCD McDonald's Corp. 0.03% 3,140 $960K Reduce -7.2%
WFC Wells Fargo & Co. 0.03% 10,189 $949K Reduce -5.6%
SN Sharkninja Inc. 0.03% 8,205 $918K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.03% 16,639 $915K Reduce -39.1%
WDAY Workday Inc. Class A 0.03% 4,048 $869K No change
GEV GE Vernova Inc. 0.02% 1,284 $839K New
UNH Unitedhealth Group Inc. 0.02% 2,523 $833K Add +69.8%
NXPI NXP Semiconductors NV 0.02% 3,720 $807K No change
CHKP Check Point Software Tech 0.02% 4,223 $784K No change
XOM Exxon Mobil Corp. 0.02% 6,499 $782K Reduce -3.4%
BRK.A Berkshire Hathaway Inc. Class A 0.02% 1 $755K No change
LIN Linde PLC 0.02% 1,650 $703K No change
ACWI iShares MSCI Acwi ETF 0.02% 4,894 $692K Add +4.3%
ISRA Vaneck Israel ETF 0.02% 11,371 $669K Add +6.2%
LHX L3HARRIS Technologies Inc. 0.02% 2,126 $625K No change

Show all 128 holdings

Portfolio Sells Q3 2025 → Q4 2025
SPY SS SPDR S&P 500 ETF Trust-US Reduce -23.8% 19.12% −7.02
VOO Vanguard S&P 500 ETF Reduce -21.6% 11.84% −3.89
IVV iShares Core S&P 500 ETF Reduce -6.3% 6.76% −0.76
MSFT Microsoft Corp. Reduce -1.0% 0.76% −0.12
BXP BXP Inc. Reduce -0.0% 0.67% −0.12
SPG Simon Property Group Inc. Reduce -0.0% 1.31% −0.11
AAPL Apple Inc. Reduce -15.7% 0.50% −0.09
MA Mastercard Inc. Class A Reduce -30.3% 0.11% −0.06
AVGO Broadcom Inc. Reduce -10.2% 0.43% −0.06
BRK.B Berkshire Hathaway Inc. Class B Reduce -23.0% 0.14% −0.06
ONEQ Fidelity Nasdaq Comp Indx Reduce -0.1% 1.34% −0.05
FISV Fiserv Inc. Sold out 0.00% −0.05
TMUS T-Mobile US Inc. Reduce -46.3% 0.04% −0.05
PEP Pepsico Inc. Sold out 0.00% −0.04
JPM JPMorgan Chase & Co. Reduce -47.7% 0.04% −0.04
V Visa Inc. Class A Reduce -39.2% 0.04% −0.03
TSLA Tesla Inc. Reduce -18.9% 0.08% −0.03
NICE Nice Ltd. - Spon ADR Sold out 0.00% −0.02
NFLX Netflix Inc. Reduce -3.5% 0.05% −0.02
GOOGL Alphabet Inc. Class A Reduce -31.8% 0.10% −0.02
COST Costco Wholesale Corp. Reduce -0.4% 0.13% −0.02
UBER Uber Technologies Inc. Reduce -51.8% 0.01% −0.02
BAC Bank of America Corp. Reduce -39.1% 0.03% −0.02
PG The Procter & Gamble Co. Reduce -19.3% 0.04% −0.02
BKNG Booking Holdings Inc. Reduce -59.4% 0.01% −0.01
ABT Abbott Laboratories Sold out 0.00% −0.01
NKE Nike Inc. Class B Reduce -25.7% 0.02% −0.01
HD Home Depot Inc. Reduce -2.5% 0.03% −0.01
AMT American Tower Corp. Sold out 0.00% −0.01
MCD McDonald's Corp. Reduce -7.2% 0.03% −0.00
GE General Electric Reduce -3.8% 0.04% −0.00
VGK Vanguard Ftse Europe ETF Reduce -5.8% 0.05% −0.00
DIS The Walt Disney Co. Reduce -3.9% 0.03% −0.00
CVX Chevron Corp. Reduce -1.8% 0.03% −0.00
BA The Boeing Co. Reduce -2.0% 0.03% −0.00
PM Philip Morris International Reduce -3.3% 0.01% −0.00
XLF SS Financial Select Sector Reduce -2.8% 0.01% −0.00
XOM Exxon Mobil Corp. Reduce -3.4% 0.02% −0.00
KO The Coca-Cola Co. Reduce -3.3% 0.01% −0.00
NEE Nextera Energy Inc. Reduce -0.3% 0.09% −0.00
WFC Wells Fargo & Co. Reduce -5.6% 0.03% −0.00
WMT Walmart Inc. Reduce -1.8% 0.06% −0.00
WELL Welltower Inc. Reduce -0.7% 0.01% −0.00
RTX RTX Corp. Reduce -3.1% 0.03% −0.00
CEG Constellation Energy Reduce -0.3% 0.09% +0.00
PLD Prologis Inc. Reduce -0.5% 0.01% +0.00
CAT Caterpillar Inc. Reduce -3.4% 0.04% +0.00
SOXX iShares Semiconductor ETF Reduce -1.7% 1.37% +0.03
GOOG Alphabet Inc. Class C Reduce -9.3% 0.87% +0.08
LMND Lemonade Inc. Reduce -0.0% 1.28% +0.25

Portfolio Buys Q3 2025 → Q4 2025
QQQ Invesco QQQ Trust Series 1 Add +68.6% 31.35% +11.97
TEVA Teva Pharmaceutical-SP ADR New 1.93% +1.93
ORCL Oracle Corp. Add +217.9% 0.79% +0.41
MRVL Marvell Technology Inc. New 0.05% +0.05
LLY Eli Lilly & Co. Add +73.9% 0.08% +0.04
QQQM Invesco Nasdaq 100 ETF Add +14.3% 0.39% +0.03
XLC SS Comm Select Sector SPDR Add +11.3% 0.86% +0.03
MRK Merck & Co. Inc. Add +301.5% 0.03% +0.02
GEV GE Vernova Inc. New 0.02% +0.02
AMZN Amazon.com Inc. Add +5.6% 0.53% +0.02
XLV SS Health Care Select Sector Add +0.0% 0.47% +0.02
JNJ Johnson & Johnson Add +42.3% 0.06% +0.02
IVE iShares S&P 500 Value ETF New 0.01% +0.01
ABBV Abbvie Inc. Add +73.2% 0.03% +0.01
EIS iShares MSCI Israel ETF New 0.01% +0.01
NVO Novo-Nordisk A/S-Spons ADR New 0.01% +0.01
UNH Unitedhealth Group Inc. Add +69.8% 0.02% +0.01
NEM Newmont Corp. New 0.01% +0.01
EWJ iShares MSCI Japan ETF New 0.01% +0.01
SO The Southern Co. New 0.01% +0.01
DUK Duke Energy Corp. New 0.01% +0.01
BIIB Biogen Inc. New 0.01% +0.01
FTV Fortive Corp. New 0.01% +0.01
GILD Gilead Sciences Inc. New 0.01% +0.01
RSP Invesco S&P 500 Equal Weight Add +7.1% 0.24% +0.00
ISRA Vaneck Israel ETF Add +6.2% 0.02% +0.00
ACWI iShares MSCI Acwi ETF Add +4.3% 0.02% 0.00
XLK SS Technology Select Sector Add +3.9% 0.48% −0.00
IWM iShares Russell 2000 ETF Add +3.0% 0.72% −0.01
NVDA Nvidia Corp. Add +4.2% 1.27% −0.03
META Meta Platforms Inc. Class A Add +5.1% 0.53% −0.07
AAXJ iShares MSCI All Country Asi Add +1.6% 2.97% −0.08
VWO Vanguard Ftse Emerging Marke Add +0.1% 1.79% −0.13
ARE Alexandria Real Estate Equit Add +28.1% 1.33% −0.55
WIX Wix.com Ltd. Add +5.6% 1.45% −1.05

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