Generali Investments, Management Co LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 11, 2025), Generali Investments, Management Co LLC reported 140 stock positions worth $351.6 million. Its top holding was Amazon.com (AMZN) at 6.9% of the portfolio, followed by Microsoft (MSFT, 6.8%) and Alphabet Class A (GOOGL, 6.3%). Compared with Q4 2024, it opened 14 new positions, sold out of 4, added to 64 and reduced 53. The biggest buy was McDonald's (MCD, shares +29%) and the biggest sale Apple (AAPL, shares −28%).

Most Recent 13F
Q2 2026
Location
LJUBLJANA, 2A
CIK
0002043136
Portfolio Value
$351.6M (Q1 2025)
SEC Filing
0002043136-25-000007 ↗ filed Apr 11, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q4 2024: $387.0M Q4 2024 Q1 2025: $351.6M $351.6M Q1 2025 Q2 2025: $441.8M Q2 2025 Q3 2025: $479.4M Q3 2025 Q4 2025: $501.9M Q4 2025 Q1 2026: $429.9M Q1 2026 Q2 2026: $460.3M Q2 2026

Holdings 140 stocks · $351.6M
AMZN Amazon.com Inc. 6.87% 126,990 $24.2M Add +14.2%
MSFT Microsoft Corp. 6.81% 63,752 $23.9M Add +1.5%
GOOGL Alphabet Inc. Class A 6.28% 142,805 $22.1M Add +1.1%
NVDA Nvidia Corp. 6.16% 199,934 $21.7M Add +19.0%
META Meta Platforms Inc. Class A 5.97% 36,440 $21.0M Reduce -4.9%
AAPL Apple Inc. 5.53% 87,483 $19.4M Reduce -27.8%
NFLX Netflix Inc. 2.60% 9,804 $9.1M Reduce -27.2%
LLY Eli Lilly & Co. 2.18% 9,280 $7.7M Reduce -14.9%
MCD McDonald's Corp. 1.96% 22,014 $6.9M Add +29.2%
XLC SS Comm Select Sector SPDR 1.77% 64,582 $6.2M Add +22.3%
KO The Coca-Cola Co. 1.72% 84,430 $6.0M Add +9.3%
AVGO Broadcom Inc. 1.63% 34,237 $5.7M Reduce -27.3%
XOM Exxon Mobil Corp. 1.51% 44,734 $5.3M Add +44.5%
JPM JPMorgan Chase & Co. 1.31% 18,822 $4.6M Add +32.6%
ITW Illinois Tool Works 1.17% 16,515 $4.1M Reduce -1.9%
CVX Chevron Corp. 1.15% 24,164 $4.0M Add +38.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.12% 94,508 $3.9M Reduce -5.4%
PANW Palo Alto Networks Inc. 1.12% 23,106 $3.9M Reduce -31.1%
PG The Procter & Gamble Co. 1.11% 22,947 $3.9M Add +9.7%
ISRG Intuitive Surgical Inc. 1.11% 7,894 $3.9M Reduce -12.0%
SYK Stryker Corp. 1.07% 10,086 $3.8M Reduce -16.4%
JNJ Johnson & Johnson 1.02% 21,530 $3.6M Reduce -7.2%
ABBV Abbvie Inc. 1.00% 16,849 $3.5M Reduce -15.7%
PSA Public Storage 1.00% 11,749 $3.5M Add +8.4%
GS Goldman Sachs Group Inc. 0.97% 6,211 $3.4M Reduce -25.9%
C Citigroup Inc. 0.92% 45,390 $3.2M Reduce -0.6%
VEEV Veeva Systems Inc. Class A 0.89% 13,566 $3.1M Add +28.8%
HD Home Depot Inc. 0.89% 8,553 $3.1M Reduce -26.0%
BSX Boston Scientific Corp. 0.89% 30,912 $3.1M Add +14.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.87% 30,942 $3.1M Reduce -26.7%
CSCO Cisco Systems Inc. 0.82% 46,770 $2.9M Add +5.1%
CRM Salesforce Inc. 0.81% 10,607 $2.8M Reduce -55.0%
CCI Crown Castle Inc. 0.78% 26,349 $2.7M Add +26.4%
UNH Unitedhealth Group Inc. 0.78% 5,221 $2.7M Add +17.0%
EBAY eBay Inc. 0.76% 39,406 $2.7M Add +253.7%
DHR Danaher Corp. 0.75% 12,833 $2.6M Reduce -19.4%
TMO Thermo Fisher Scientific Inc. 0.74% 5,259 $2.6M Add +7.9%
TSLA Tesla Inc. 0.72% 9,709 $2.5M Add +2.9%
ABT Abbott Laboratories 0.71% 18,846 $2.5M Reduce -0.6%
SRE Sempra 0.70% 34,322 $2.4M Add +80.7%
QQEW First TR Nasdaq-100 Sel Eq 0.67% 19,527 $2.4M Add +100.1%
GLW Corning Inc. 0.67% 51,394 $2.4M Add +157.6%
PEP Pepsico Inc. 0.66% 15,556 $2.3M Add +14.7%
ADP Automatic Data Processing 0.64% 7,373 $2.3M Add +30.9%
EOG EOG Resources Inc. 0.63% 17,158 $2.2M Add +148.0%
AMGN Amgen Inc. 0.57% 6,487 $2.0M Add +1.3%
WMT Walmart Inc. 0.57% 22,995 $2.0M Reduce -19.7%
D Dominion Energy Inc. 0.57% 35,854 $2.0M Reduce -19.9%
VZ Verizon Communications Inc. 0.55% 42,413 $1.9M Reduce -2.8%
CME Cme Group Inc. 0.55% 7,242 $1.9M Add +48.4%
V Visa Inc. Class A 0.52% 5,264 $1.8M Add +18.6%
MDLZ Mondelez International Inc. Class A 0.52% 26,700 $1.8M Add +24.9%
BMY Bristol-Myers Squibb Co. 0.50% 28,565 $1.7M Add +43.7%
MRK Merck & Co. Inc. 0.49% 19,362 $1.7M Reduce -36.4%
AMAT Applied Materials Inc. 0.48% 11,579 $1.7M Reduce -21.4%
NOW ServiceNow Inc. 0.47% 2,071 $1.6M Reduce -60.3%
PLTR Palantir Technologies Inc. Class A 0.46% 19,132 $1.6M Reduce -69.5%
INTU Intuit Inc. 0.45% 2,604 $1.6M Reduce -27.1%
CL Colgate-Palmolive Co. 0.45% 16,841 $1.6M Add +11.6%
VRSN Verisign Inc. 0.45% 6,186 $1.6M Reduce -41.3%
WFC Wells Fargo & Co. 0.45% 21,797 $1.6M Add +27.1%
CRWD CrowdStrike Holdings Inc. Class A 0.44% 4,354 $1.5M New
MA Mastercard Inc. Class A 0.43% 2,753 $1.5M Add +3.6%
LIN Linde PLC 0.43% 3,212 $1.5M New
AMD Advanced Micro Devices 0.42% 14,530 $1.5M Add +6.6%
GILD Gilead Sciences Inc. 0.41% 12,959 $1.5M Add +9.3%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.40% 25,395 $1.4M Add +140.8%
T AT&T Inc. 0.39% 48,966 $1.4M Reduce -46.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.39% 5,567 $1.4M Add +73.6%
COP Conocophillips 0.39% 13,132 $1.4M Reduce -46.8%
PM Philip Morris International 0.36% 8,068 $1.3M Add +49.4%
QCOM Qualcomm Inc. 0.35% 7,977 $1.2M Add +114.7%
ADBE Adobe Inc. 0.32% 2,909 $1.1M Reduce -57.2%
BRK.B Berkshire Hathaway Inc. Class B 0.31% 2,046 $1.1M Add +15.5%
ELV Elevance Health Inc. 0.31% 2,491 $1.1M Add +38.2%
ICE Intercontinental Exchange Inc. 0.30% 6,035 $1.0M Add +12.6%
MMM 3M Co. 0.29% 7,002 $1.0M Add +1099.0%
FTV Fortive Corp. 0.28% 13,229 $968K Add +4.4%
GEHC GE Healthcare Technology 0.26% 11,352 $916K Add +141.4%
EMR Emerson Electric Co. 0.26% 8,233 $903K Reduce -27.8%
CAT Caterpillar Inc. 0.25% 2,650 $874K Add +9.2%
XLI SS Industrial Select Sector 0.24% 6,320 $828K Reduce -52.9%
NKE Nike Inc. Class B 0.23% 12,789 $812K Reduce -56.1%
ORCL Oracle Corp. 0.23% 5,765 $806K Reduce -75.1%
FCX Freeport-McMoran Inc. 0.22% 20,867 $790K Add +33.3%
INTC Intel Corp. 0.22% 33,394 $758K Add +447.8%
CI The Cigna Group 0.22% 2,299 $756K No change
XLE SS Energy Select Sector 0.21% 7,774 $726K New
ECL Ecolab Inc. 0.20% 2,754 $698K Reduce -25.6%
SPGI S&P Global Inc. 0.18% 1,271 $646K Add +4.9%
WMB Williams Cos Inc. 0.18% 10,781 $644K Reduce -42.3%
PFE Pfizer Inc. 0.18% 24,722 $626K No change
TXN Texas Instruments Inc. 0.17% 3,414 $613K Reduce -51.9%
NEE Nextera Energy Inc. 0.16% 7,986 $566K Add +4.8%
FTNT Fortinet Inc. 0.16% 5,846 $563K New
PSX Phillips 66 0.13% 3,678 $454K Reduce -17.6%
MPC Marathon Petroleum Corp. 0.12% 2,937 $428K Add +8.7%
SNOW Snowflake Inc. 0.12% 2,824 $413K Reduce -73.2%
SBUX Starbucks Corp. 0.12% 4,190 $411K Add +110.5%
BDX Becton Dickinson and Co. 0.12% 1,784 $409K No change
XLB SS Materials Select Sector 0.11% 4,690 $403K Add +493.7%
ETN Eaton Corp. PLC 0.10% 1,355 $368K New
SNPS Synopsys Inc. 0.10% 842 $361K Reduce -54.0%
CVS CVS Health Corp. 0.10% 4,981 $337K New
PPG PPG Industries Inc. 0.09% 2,778 $304K Reduce -33.6%
NEM Newmont Corp. 0.08% 6,127 $296K Add +81.0%
OXY Occidental Petroleum Corp. 0.08% 5,715 $282K Reduce -77.7%
OKE Oneok Inc. 0.08% 2,839 $282K Reduce -41.2%
VLO Valero Energy Corp. 0.08% 2,061 $272K Reduce -6.4%
BIIB Biogen Inc. 0.08% 1,962 $268K Reduce -26.7%
RSG Republic Services Inc. 0.07% 1,043 $253K Add +57.1%
TER Teradyne Inc. 0.07% 2,996 $247K Reduce -20.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.06% 5,135 $215K Add +1.2%
NUE Nucor Corp. 0.06% 1,776 $214K New
DD Dupont DE Nemours Inc. 0.06% 2,813 $210K Add +59.2%
SHW The Sherwin-Williams Co. 0.06% 598 $209K Add +9.5%
AVAV Aerovironment Inc. 0.06% 1,716 $205K New
CMCSA Comcast Corp. Class A 0.06% 5,509 $203K No change
DVN Devon Energy Corp. 0.06% 5,339 $200K Add +77.7%
FANG Diamondback Energy Inc. 0.06% 1,247 $199K New
COIN Coinbase Global Inc. Class A 0.06% 1,132 $195K New
TRGP Targa Resources Corp. 0.05% 954 $191K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.05% 1,495 $182K No change
KMI Kinder Morgan Inc. 0.05% 6,317 $180K Reduce -18.6%
MO Altria Group Inc. 0.05% 2,948 $177K Add +280.9%
RVTY Revvity Inc. 0.05% 1,551 $164K Reduce -55.0%
HUM Humana Inc. 0.04% 565 $149K No change
DELL Dell Technologies -C 0.04% 1,414 $129K Add +28.4%
QQQM Invesco Nasdaq 100 ETF 0.03% 630 $122K Reduce -49.1%
ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD 0.03% 5,000 $107K New
EQT Eqt Corp. 0.03% 1,711 $91K Add +14.1%
LYB Lyondellbasell Indu Class A 0.02% 1,133 $80K New
UPS United Parcel Service Class B 0.02% 634 $70K Add +209.3%
XLF SS Financial Select Sector 0.02% 1,382 $69K Reduce -91.4%
TWLO Twilio Inc. Class A 0.02% 662 $65K New
XLY SS Consumer Disc Select Sect 0.01% 242 $48K Reduce -91.1%
CEG Constellation Energy 0.01% 203 $41K Reduce -68.0%
TRV The Travelers Cos Inc. 0.01% 152 $40K No change
APD Air Products & Chemicals Inc. 0.01% 90 $27K No change
KHC The Kraft Heinz Co. 0.01% 857 $26K No change

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -27.8% 5.53% −2.31
CRM Salesforce Inc. Reduce -55.0% 0.81% −1.23
AVGO Broadcom Inc. Reduce -27.3% 1.63% −1.19
NOW ServiceNow Inc. Reduce -60.3% 0.47% −0.96
ORCL Oracle Corp. Reduce -75.1% 0.23% −0.77
PLTR Palantir Technologies Inc. Class A Reduce -69.5% 0.46% −0.77
NFLX Netflix Inc. Reduce -27.2% 2.60% −0.50
ADBE Adobe Inc. Reduce -57.2% 0.32% −0.46
PANW Palo Alto Networks Inc. Reduce -31.1% 1.12% −0.45
DIS The Walt Disney Co. Reduce -26.7% 0.87% −0.35
NKE Nike Inc. Class B Reduce -56.1% 0.23% −0.34
SNOW Snowflake Inc. Reduce -73.2% 0.12% −0.30
MRK Merck & Co. Inc. Reduce -36.4% 0.49% −0.29
GS Goldman Sachs Group Inc. Reduce -25.9% 0.97% −0.27
HD Home Depot Inc. Reduce -26.0% 0.89% −0.27
OXY Occidental Petroleum Corp. Reduce -77.7% 0.08% −0.25
COP Conocophillips Reduce -46.8% 0.39% −0.24
XLI SS Industrial Select Sector Reduce -52.9% 0.24% −0.22
DHR Danaher Corp. Reduce -19.4% 0.75% −0.20
XLF SS Financial Select Sector Reduce -91.4% 0.02% −0.18
TXN Texas Instruments Inc. Reduce -51.9% 0.17% −0.17
MRVL Marvell Technology Inc. Sold out 0.00% −0.16
XLY SS Consumer Disc Select Sect Reduce -91.1% 0.01% −0.14
T AT&T Inc. Reduce -46.2% 0.39% −0.14
AMAT Applied Materials Inc. Reduce -21.4% 0.48% −0.14
SNPS Synopsys Inc. Reduce -54.0% 0.10% −0.13
INTU Intuit Inc. Reduce -27.1% 0.45% −0.13
VRSN Verisign Inc. Reduce -41.3% 0.45% −0.12
EMR Emerson Electric Co. Reduce -27.8% 0.26% −0.11
ISRG Intuitive Surgical Inc. Reduce -12.0% 1.11% −0.10
WMT Walmart Inc. Reduce -19.7% 0.57% −0.09
WMB Williams Cos Inc. Reduce -42.3% 0.18% −0.08
SYK Stryker Corp. Reduce -16.4% 1.07% −0.05
RVTY Revvity Inc. Reduce -55.0% 0.05% −0.05
TER Teradyne Inc. Reduce -20.6% 0.07% −0.05
D Dominion Energy Inc. Reduce -19.9% 0.57% −0.05
OKE Oneok Inc. Reduce -41.2% 0.08% −0.05
PPG PPG Industries Inc. Reduce -33.6% 0.09% −0.04
QQQM Invesco Nasdaq 100 ETF Reduce -49.1% 0.03% −0.03
BIIB Biogen Inc. Reduce -26.7% 0.08% −0.03
ECL Ecolab Inc. Reduce -25.6% 0.20% −0.03
CEG Constellation Energy Reduce -68.0% 0.01% −0.03
TDOC Teladoc Health Inc. Sold out 0.00% −0.02
LB Landbridge Co. LLC-A Sold out 0.00% −0.01
BAC Bank of America Corp. Reduce -5.4% 1.12% −0.01
UEC Uranium Energy Corp. Sold out 0.00% −0.01
KMI Kinder Morgan Inc. Reduce -18.6% 0.05% −0.00
PSX Phillips 66 Reduce -17.6% 0.13% −0.00
LLY Eli Lilly & Co. Reduce -14.9% 2.18% +0.01
VLO Valero Energy Corp. Reduce -6.4% 0.08% +0.01

Portfolio Buys Q4 2024 → Q1 2025
MCD McDonald's Corp. Add +29.2% 1.96% +0.68
XOM Exxon Mobil Corp. Add +44.5% 1.51% +0.65
EBAY eBay Inc. Add +253.7% 0.76% +0.58
AMZN Amazon.com Inc. Add +14.2% 6.87% +0.57
CVX Chevron Corp. Add +38.7% 1.15% +0.50
KO The Coca-Cola Co. Add +9.3% 1.72% +0.48
XLC SS Comm Select Sector SPDR Add +22.3% 1.77% +0.45
CRWD CrowdStrike Holdings Inc. Class A New 0.44% +0.44
JPM JPMorgan Chase & Co. Add +32.6% 1.31% +0.43
LIN Linde PLC New 0.43% +0.43
GLW Corning Inc. Add +157.6% 0.67% +0.42
EOG EOG Resources Inc. Add +148.0% 0.63% +0.41
QQEW First TR Nasdaq-100 Sel Eq Add +100.1% 0.67% +0.36
NVDA Nvidia Corp. Add +19.0% 6.16% +0.33
VEEV Veeva Systems Inc. Class A Add +28.8% 0.89% +0.32
CCI Crown Castle Inc. Add +26.4% 0.78% +0.29
MMM 3M Co. Add +1099.0% 0.29% +0.27
SRE Sempra Add +80.7% 0.70% +0.27
BSX Boston Scientific Corp. Add +14.4% 0.89% +0.26
CME Cme Group Inc. Add +48.4% 0.55% +0.25
ADP Automatic Data Processing Add +30.9% 0.64% +0.21
IBM Intl Business Machines Corp. Add +73.6% 0.39% +0.21
XLE SS Energy Select Sector New 0.21% +0.21
PG The Procter & Gamble Co. Add +9.7% 1.11% +0.21
BMY Bristol-Myers Squibb Co. Add +43.7% 0.50% +0.21
QCOM Qualcomm Inc. Add +114.7% 0.35% +0.20
PM Philip Morris International Add +49.4% 0.36% +0.20
UNH Unitedhealth Group Inc. Add +17.0% 0.78% +0.19
MDLZ Mondelez International Inc. Class A Add +24.9% 0.52% +0.19
INTC Intel Corp. Add +447.8% 0.22% +0.18
GEHC GE Healthcare Technology Add +141.4% 0.26% +0.17
V Visa Inc. Class A Add +18.6% 0.52% +0.16
PSA Public Storage Add +8.4% 1.00% +0.16
FTNT Fortinet Inc. New 0.16% +0.16
AMGN Amgen Inc. Add +1.3% 0.57% +0.14
CSCO Cisco Systems Inc. Add +5.1% 0.82% +0.14
ELV Elevance Health Inc. Add +38.2% 0.31% +0.14
WFC Wells Fargo & Co. Add +27.1% 0.45% +0.13
PEP Pepsico Inc. Add +14.7% 0.66% +0.13
GILD Gilead Sciences Inc. Add +9.3% 0.41% +0.13
ETN Eaton Corp. PLC New 0.10% +0.10
BRK.B Berkshire Hathaway Inc. Class B Add +15.5% 0.31% +0.10
XLB SS Materials Select Sector Add +493.7% 0.11% +0.10
CVS CVS Health Corp. New 0.10% +0.10
CL Colgate-Palmolive Co. Add +11.6% 0.45% +0.09
ICE Intercontinental Exchange Inc. Add +12.6% 0.30% +0.09
TMO Thermo Fisher Scientific Inc. Add +7.9% 0.74% +0.09
TTD Trade Desk Inc./the Class A Add +140.8% 0.40% +0.07
FCX Freeport-McMoran Inc. Add +33.3% 0.22% +0.07
SBUX Starbucks Corp. Add +110.5% 0.12% +0.07

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 164$460.3MNVDA, GOOGL, AMZN, MSFT, AAPL
Q1 2026 162$429.9MNVDA, AMZN, GOOGL, MSFT, AAPL
Q4 2025 164$501.9MTSLA, NVDA, GOOGL, AMZN, META
Q3 2025 174$479.4MNVDA, MSFT, AMZN, GOOGL, AAPL
Q2 2025 161$441.8MNVDA, MSFT, AMZN, GOOGL, META
Q1 2025 140$351.6MAMZN, MSFT, GOOGL, NVDA, META
Q4 2024 130$387.0MAAPL, GOOGL, MSFT, AMZN, NVDA