DJE Kapital AG

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), DJE Kapital AG reported 108 stock positions worth $3.6 billion. Its top holding was Amazon.com (AMZN) at 6.4% of the portfolio, followed by Alphabet Class C (GOOG, 4.8%) and Johnson & Johnson (JNJ, 4.7%). Compared with Q3 2025, it opened 33 new positions, sold out of 30, added to 29 and reduced 43. The biggest buy was Johnson & Johnson (JNJ, shares +3634%) and the biggest sale an exit from Lam Research (LRCX).

Most Recent 13F
Q2 2026
Location
82049 PULLACH, 2M
CIK
0001659196
Portfolio Value
$3.6B (Q4 2025)
SEC Filing
0001659196-26-000001 ↗ filed Feb 12, 2026

Holdings Value

0$2.0B$4.0B$6.0B Q4 2024: $4.3B Q4 2024 Q1 2025: $3.4B Q1 2025 Q2 2025: $4.1B Q2 2025 Q3 2025: $4.1B Q3 2025 Q4 2025: $3.6B $3.6B Q4 2025 Q1 2026: $4.5B Q1 2026 Q2 2026: $5.3B Q2 2026

Holdings 108 stocks · $3.6B
AMZN Amazon.com Inc. 6.38% 999,281 $230.9M Reduce -3.7%
GOOG Alphabet Inc. Class C 4.83% 555,669 $174.9M Add +82.0%
JNJ Johnson & Johnson 4.73% 826,379 $171.2M Add +3633.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 4.37% 1,016,414 $158.0M Add +14.9%
NEM Newmont Corp. 4.29% 1,547,453 $155.1M Add +55.6%
META Meta Platforms Inc. Class A 4.13% 225,172 $149.6M Reduce -21.3%
MSFT Microsoft Corp. 4.11% 306,304 $148.8M Reduce -25.1%
AAPL Apple Inc. 3.94% 522,098 $142.7M Add +565.2%
GFI Gold Fields Ltd.-Spons ADR 3.92% 3,186,462 $142.0M Reduce -29.4%
NVDA Nvidia Corp. 3.56% 688,822 $128.7M Reduce -43.0%
ASML ASML Holding NV-NY Reg SHS 3.55% 119,414 $128.4M New
JPM JPMorgan Chase & Co. 3.40% 380,248 $123.0M Reduce -37.0%
BLK BlackRock Inc. 3.15% 105,144 $114.0M Reduce -24.9%
TTE Totalenergies SE 2.92% 1,597,288 $105.7M New
MS Morgan Stanley 2.54% 513,855 $91.9M Add +55.2%
AEM Agnico Eagle Mines Ltd. 2.48% 524,869 $89.7M Reduce -36.4%
PANW Palo Alto Networks Inc. 2.39% 464,875 $86.3M Reduce -20.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.26% 270,336 $82.0M Reduce -19.8%
GOOGL Alphabet Inc. Class A 2.19% 252,410 $79.1M Add +114.3%
MA Mastercard Inc. Class A 1.98% 124,681 $71.7M Add +9.1%
VZ Verizon Communications Inc. 1.87% 1,668,820 $67.6M Reduce -2.4%
HDB HDFC Bank Ltd.-ADR 1.71% 1,692,753 $62.0M Add +23.9%
V Visa Inc. Class A 1.68% 171,638 $60.8M Reduce -49.6%
ADBE Adobe Inc. 1.49% 152,739 $54.0M Add +619.3%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 1.41% 481,189 $51.1M Reduce -26.8%
AMRZ Amrize Ltd. 1.16% 762,887 $42.0M Add +2005.4%
NEE Nextera Energy Inc. 1.03% 466,683 $37.3M Add +318.5%
NKE Nike Inc. Class B 1.01% 594,196 $36.5M Reduce -13.4%
BABA Alibaba Group Holding-SP ADR 0.93% 226,022 $33.5M Add +28.2%
BRK.B Berkshire Hathaway Inc. Class B 0.93% 66,540 $33.5M Add +57.4%
PWR Quanta Services Inc. 0.86% 72,627 $31.0M Add +162.0%
COIN Coinbase Global Inc. Class A 0.84% 130,939 $30.3M Reduce -10.2%
GILD Gilead Sciences Inc. 0.83% 241,923 $29.9M Add +71.7%
WAB Wabtec Corp. 0.69% 116,128 $25.0M Reduce -51.4%
AXP American Express Co. 0.61% 58,977 $22.1M New
INTU Intuit Inc. 0.57% 31,061 $20.8M Reduce -67.3%
TSLA Tesla Inc. 0.57% 45,133 $20.5M Add +42.7%
MELI MercadoLibre Inc. 0.54% 9,776 $19.6M New
ORCL Oracle Corp. 0.52% 97,248 $18.9M Reduce -75.1%
WPM Wheaton Precious Metals Corp. 0.50% 155,590 $18.1M Add +101.0%
NFLX Netflix Inc. 0.49% 189,912 $17.8M Reduce -79.6%
WMT Walmart Inc. 0.46% 146,637 $16.5M Reduce -44.7%
AMAT Applied Materials Inc. 0.45% 62,445 $16.1M Reduce -7.9%
ED Consolidated Edison Inc. 0.41% 148,200 $14.8M New
FAST Fastenal Co. 0.39% 341,800 $14.0M Reduce -14.2%
MCD McDonald's Corp. 0.34% 40,417 $12.4M Reduce -5.9%
NOW ServiceNow Inc. 0.31% 73,925 $11.3M Reduce -63.3%
BX Blackstone Inc. 0.30% 69,414 $10.7M Add +171.0%
HD Home Depot Inc. 0.28% 29,270 $10.1M New
UBER Uber Technologies Inc. 0.27% 120,107 $9.8M Reduce -82.3%
T AT&T Inc. 0.27% 396,600 $9.8M New
UBS UBS Group AG-Reg 0.26% 203,050 $9.5M Add +25.1%
PAAS Pan American Silver Corp. 0.22% 148,802 $7.8M No change
CRH CRH PLC 0.21% 59,757 $7.6M Add +16.8%
FCX Freeport-McMoran Inc. 0.21% 145,577 $7.4M Add +48.8%
PYPL PayPal Holdings Inc. 0.20% 124,527 $7.4M Add +13.8%
KGC Kinross Gold Corp. 0.20% 257,546 $7.3M Reduce -34.1%
NBIS Nebius Group NV 0.20% 85,500 $7.3M New
AGI Alamos Gold Inc. Class A 0.19% 178,230 $7.0M Reduce -31.2%
NTR Nutrien Ltd. 0.18% 104,161 $6.6M Reduce -3.9%
UNH Unitedhealth Group Inc. 0.18% 19,602 $6.6M New
RACE Ferrari NV 0.18% 17,348 $6.5M Reduce -7.5%
AU Anglogold Ashanti PLC 0.17% 72,700 $6.3M Add +11.0%
PEP Pepsico Inc. 0.16% 40,300 $5.8M Add +38.0%
MDLZ Mondelez International Inc. Class A 0.15% 98,700 $5.4M Add +50.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.15% 47,041 $5.4M Reduce -71.2%
CL Colgate-Palmolive Co. 0.15% 66,871 $5.3M Reduce -68.1%
VRT Vertiv Holdings Co. Class A 0.14% 31,367 $5.1M New
FNV Franco-Nevada Corp. 0.13% 21,900 $4.6M No change
YUM Yum! Brands Inc. 0.13% 29,700 $4.5M Add +20.2%
RGLD Royal Gold Inc. 0.12% 19,530 $4.4M Reduce -41.7%
IAG Iamgold Corp. 0.12% 259,800 $4.3M Add +9.2%
TECK Teck Resources Ltd.-CLS B 0.11% 80,021 $3.9M New
XOM Exxon Mobil Corp. 0.11% 31,843 $3.9M Reduce -19.7%
MNST Monster Beverage Corp. 0.11% 49,400 $3.8M Add +28.6%
MRVL Marvell Technology Inc. 0.10% 42,415 $3.6M Reduce -64.8%
TD Toronto-Dominion Bank 0.10% 36,800 $3.5M New
HAS Hasbro Inc. 0.10% 42,100 $3.5M New
LVS Las Vegas Sands Corp. 0.09% 51,500 $3.3M New
BKNG Booking Holdings Inc. 0.08% 526 $2.9M New
TPR Tapestry Inc. 0.08% 21,700 $2.8M New
BXP BXP Inc. 0.08% 40,500 $2.8M New
INTC Intel Corp. 0.07% 67,600 $2.5M New
RL Ralph Lauren Corp. 0.06% 6,300 $2.2M New
SPOT Spotify Technology SA 0.05% 3,100 $1.8M New
PG The Procter & Gamble Co. 0.05% 11,500 $1.7M Reduce -67.6%
CRWD CrowdStrike Holdings Inc. Class A 0.05% 3,497 $1.7M Reduce -69.6%
DASH DoorDash Inc. Class A 0.04% 6,800 $1.6M New
MKC McCormick & Co.-Non VTG SHRS 0.04% 22,100 $1.5M Reduce -64.9%
ETSY Etsy Inc. 0.04% 24,700 $1.4M No change
TME Tencent Music Entertainm-ADR 0.03% 70,400 $1.2M Reduce -51.6%
PINS Pinterest Inc. Class A 0.03% 44,100 $1.1M Reduce -39.1%
IBN Icici Bank Ltd.-Spon ADR 0.02% 26,425 $788K Reduce -41.2%
APP AppLovin Corp. Class A 0.02% 1,000 $688K New
ECL Ecolab Inc. 0.02% 2,320 $613K New
LNG Cheniere Energy Inc. 0.02% 2,910 $560K Reduce -97.7%
LEN Lennar Corp. Class A 0.01% 5,000 $520K New
LHX L3HARRIS Technologies Inc. 0.01% 1,610 $473K New
DE Deere & Co. 0.01% 700 $330K Reduce -99.2%
GD General Dynamics Corp. 0.01% 950 $320K New
LMT Lockheed Martin Corp. 0.01% 400 $193K New
RTX RTX Corp. 0.00% 742 $136K New
FSLR First Solar Inc. 0.00% 415 $108K New
NBIX Neurocrine Biosciences Inc. 0.00% 200 $28K New
SYK Stryker Corp. 0.00% 80 $28K New
HSIC Henry Schein Inc. 0.00% 280 $21K New
CSCO Cisco Systems Inc. 0.00% 245 $19K New
CDNS Cadence Design SYS Inc. 0.00% 50 $16K Reduce -99.6%

Portfolio Sells Q3 2025 → Q4 2025
LRCX Lam Research Corp. Sold out 0.00% −3.05
LIN Linde PLC Sold out 0.00% −2.89
NFLX Netflix Inc. Reduce -79.6% 0.49% −2.51
LLY Eli Lilly & Co. Sold out 0.00% −2.29
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −2.18
CRM Salesforce Inc. Sold out 0.00% −1.98
ORCL Oracle Corp. Reduce -75.1% 0.52% −1.57
CVX Chevron Corp. Sold out 0.00% −1.52
UBER Uber Technologies Inc. Reduce -82.3% 0.27% −1.24
INTU Intuit Inc. Reduce -67.3% 0.57% −1.23
V Visa Inc. Class A Reduce -49.6% 1.68% −1.22
EBAY eBay Inc. Sold out 0.00% −1.17
MRK Merck & Co. Inc. Sold out 0.00% −1.17
DE Deere & Co. Reduce -99.2% 0.01% −1.13
NVDA Nvidia Corp. Reduce -43.0% 3.56% −1.05
META Meta Platforms Inc. Class A Reduce -21.3% 4.13% −0.99
AVGO Broadcom Inc. Sold out 0.00% −0.93
JPM JPMorgan Chase & Co. Reduce -37.0% 3.40% −0.86
MSFT Microsoft Corp. Reduce -25.1% 4.11% −0.82
LNG Cheniere Energy Inc. Reduce -97.7% 0.02% −0.73
FOXA Fox Corp. Class A Sold out 0.00% −0.69
NOW ServiceNow Inc. Reduce -63.3% 0.31% −0.69
TCEHY Tencent Holdings Ltd.-Uns ADR Sold out 0.00% −0.64
TRV The Travelers Cos Inc. Sold out 0.00% −0.60
WAB Wabtec Corp. Reduce -51.4% 0.69% −0.52
PANW Palo Alto Networks Inc. Reduce -20.6% 2.39% −0.49
COIN Coinbase Global Inc. Class A Reduce -10.2% 0.84% −0.42
BLK BlackRock Inc. Reduce -24.9% 3.15% −0.42
TTWO Take-Two Interactive Softwre Sold out 0.00% −0.39
LUXE Luxexperience BV Sold out 0.00% −0.38
DIS The Walt Disney Co. Reduce -71.2% 0.15% −0.34
CL Colgate-Palmolive Co. Reduce -68.1% 0.15% −0.31
DELL Dell Technologies -C Sold out 0.00% −0.28
WMT Walmart Inc. Reduce -44.7% 0.46% −0.17
NKE Nike Inc. Class B Reduce -13.4% 1.01% −0.16
CCJ Cameco Corp. Sold out 0.00% −0.15
AG First Majestic Silver Corp. Sold out 0.00% −0.14
MRVL Marvell Technology Inc. Reduce -64.8% 0.10% −0.13
IBM Intl Business Machines Corp. Reduce -19.8% 2.26% −0.12
ROK Rockwell Automation Inc. Sold out 0.00% −0.11
CRWD CrowdStrike Holdings Inc. Class A Reduce -69.6% 0.05% −0.10
CDNS Cadence Design SYS Inc. Reduce -99.6% 0.00% −0.09
PG The Procter & Gamble Co. Reduce -67.6% 0.05% −0.09
KO The Coca-Cola Co. Sold out 0.00% −0.08
MKC McCormick & Co.-Non VTG SHRS Reduce -64.9% 0.04% −0.07
EXK Endeavour Silver Corp. Sold out 0.00% −0.07
LULU Lululemon Athletica Inc. Sold out 0.00% −0.06
SBSW Sibanye-Stillwater Ltd.-ADR Sold out 0.00% −0.06
NGD New Gold Inc. Sold out 0.00% −0.06
DHR Danaher Corp. Sold out 0.00% −0.06

Portfolio Buys Q3 2025 → Q4 2025
JNJ Johnson & Johnson Add +3633.5% 4.73% +4.65
AAPL Apple Inc. Add +565.2% 3.94% +3.56
ASML ASML Holding NV-NY Reg SHS New 3.55% +3.55
GOOG Alphabet Inc. Class C Add +82.0% 4.83% +3.52
TTE Totalenergies SE New 2.92% +2.92
NEM Newmont Corp. Add +55.6% 4.29% +2.91
TJX TJX Companies Inc. Add +14.9% 4.37% +1.71
GOOGL Alphabet Inc. Class A Add +114.3% 2.19% +1.68
MS Morgan Stanley Add +55.2% 2.54% +1.41
ADBE Adobe Inc. Add +619.3% 1.49% +1.29
AMRZ Amrize Ltd. Add +2005.4% 1.16% +1.12
NEE Nextera Energy Inc. Add +318.5% 1.03% +0.85
AXP American Express Co. New 0.61% +0.61
PWR Quanta Services Inc. Add +162.0% 0.86% +0.61
MELI MercadoLibre Inc. New 0.54% +0.54
GILD Gilead Sciences Inc. Add +71.7% 0.83% +0.45
BABA Alibaba Group Holding-SP ADR Add +28.2% 0.93% +0.45
MA Mastercard Inc. Class A Add +9.1% 1.98% +0.44
BRK.B Berkshire Hathaway Inc. Class B Add +57.4% 0.93% +0.43
ED Consolidated Edison Inc. New 0.41% +0.41
WPM Wheaton Precious Metals Corp. Add +101.0% 0.50% +0.34
TSLA Tesla Inc. Add +42.7% 0.57% +0.32
HD Home Depot Inc. New 0.28% +0.28
T AT&T Inc. New 0.27% +0.27
NBIS Nebius Group NV New 0.20% +0.20
BX Blackstone Inc. Add +171.0% 0.30% +0.20
UNH Unitedhealth Group Inc. New 0.18% +0.18
VRT Vertiv Holdings Co. Class A New 0.14% +0.14
UBS UBS Group AG-Reg Add +25.1% 0.26% +0.13
TECK Teck Resources Ltd.-CLS B New 0.11% +0.11
FCX Freeport-McMoran Inc. Add +48.8% 0.21% +0.10
AU Anglogold Ashanti PLC Add +11.0% 0.17% +0.10
TD Toronto-Dominion Bank New 0.10% +0.10
HAS Hasbro Inc. New 0.10% +0.10
CRH CRH PLC Add +16.8% 0.21% +0.10
LVS Las Vegas Sands Corp. New 0.09% +0.09
BKNG Booking Holdings Inc. New 0.08% +0.08
TPR Tapestry Inc. New 0.08% +0.08
IAG Iamgold Corp. Add +9.2% 0.12% +0.08
BXP BXP Inc. New 0.08% +0.08
INTC Intel Corp. New 0.07% +0.07
PEP Pepsico Inc. Add +38.0% 0.16% +0.07
RL Ralph Lauren Corp. New 0.06% +0.06
SPOT Spotify Technology SA New 0.05% +0.05
MNST Monster Beverage Corp. Add +28.6% 0.11% +0.05
DASH DoorDash Inc. Class A New 0.04% +0.04
MDLZ Mondelez International Inc. Class A Add +50.5% 0.15% +0.04
YUM Yum! Brands Inc. Add +20.2% 0.13% +0.04
APP AppLovin Corp. Class A New 0.02% +0.02
ECL Ecolab Inc. New 0.02% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 124$5.3BLLY, NVDA, AMZN, GOOG, LIN
Q1 2026 113$4.5BTTE, CVX, NVDA, LLY, JNJ
Q4 2025 108$3.6BAMZN, GOOG, JNJ, TJX, NEM
Q3 2025 105$4.1BAMZN, META, MSFT, NVDA, JPM
Q2 2025 105$4.1BAMZN, META, MSFT, NVDA, JPM
Q1 2025 111$3.4BV, AMZN, NVDA, META, CVX
Q4 2024 129$4.3BAMZN, META, GOOG, MSFT, V