Generali Investments, Management Co LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Generali Investments, Management Co LLC reported 161 stock positions worth $441.8 million. Its top holding was Nvidia (NVDA) at 7.4% of the portfolio, followed by Microsoft (MSFT, 6.9%) and Amazon.com (AMZN, 6.3%). Compared with Q1 2025, it opened 25 new positions, sold out of 5, added to 66 and reduced 49. The biggest buy was Applied Materials (AMAT, shares +350%) and the biggest sale McDonald's (MCD, shares −58%).
- Most Recent 13F
- Q2 2026
- Location
- LJUBLJANA, 2A
- CIK
- 0002043136
- Portfolio Value
- $441.8M (Q2 2025)
- SEC Filing
- 0002043136-25-000011 ↗ filed Aug 11, 2025
Holdings Value
Holdings 161 stocks · $441.8M
| NVDA Nvidia Corp. | 7.36% | 206,026 | $32.5M | Add +3.0% |
| MSFT Microsoft Corp. | 6.95% | 61,787 | $30.7M | Reduce -3.1% |
| AMZN Amazon.com Inc. | 6.35% | 127,973 | $28.0M | Add +0.8% |
| GOOGL Alphabet Inc. Class A | 5.96% | 149,570 | $26.3M | Add +4.7% |
| META Meta Platforms Inc. Class A | 5.64% | 33,805 | $24.9M | Reduce -7.2% |
| AAPL Apple Inc. | 4.43% | 95,581 | $19.6M | Add +9.3% |
| AVGO Broadcom Inc. | 2.94% | 47,189 | $13.0M | Add +37.8% |
| NFLX Netflix Inc. | 2.22% | 7,326 | $9.8M | Reduce -25.3% |
| AMAT Applied Materials Inc. | 2.16% | 52,099 | $9.5M | Add +349.9% |
| PLTR Palantir Technologies Inc. Class A | 1.91% | 62,097 | $8.5M | Add +224.6% |
| PANW Palo Alto Networks Inc. | 1.82% | 39,310 | $8.0M | Add +70.1% |
| LLY Eli Lilly & Co. | 1.64% | 9,286 | $7.2M | Add +0.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.42% | 12,294 | $6.3M | Add +182.4% |
| XLC SS Comm Select Sector SPDR | 1.31% | 53,354 | $5.8M | Reduce -17.4% |
| KO The Coca-Cola Co. | 1.30% | 81,061 | $5.7M | Reduce -4.0% |
| GS Goldman Sachs Group Inc. | 1.28% | 8,026 | $5.7M | Add +29.2% |
| JPM JPMorgan Chase & Co. | 1.24% | 18,991 | $5.5M | Add +0.9% |
| ISRG Intuitive Surgical Inc. | 1.12% | 9,099 | $4.9M | Add +15.3% |
| TSLA Tesla Inc. | 1.08% | 15,110 | $4.8M | Add +55.6% |
| XOM Exxon Mobil Corp. | 1.08% | 44,372 | $4.8M | Reduce -0.8% |
| NOW ServiceNow Inc. | 1.01% | 4,338 | $4.5M | Add +109.5% |
| AMD Advanced Micro Devices | 0.99% | 30,963 | $4.4M | Add +113.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.99% | 92,133 | $4.4M | Reduce -2.5% |
| NKE Nike Inc. Class B | 0.98% | 60,870 | $4.3M | Add +376.0% |
| BSX Boston Scientific Corp. | 0.97% | 40,058 | $4.3M | Add +29.6% |
| SYK Stryker Corp. | 0.97% | 10,822 | $4.3M | Add +7.3% |
| VEEV Veeva Systems Inc. Class A | 0.96% | 14,823 | $4.3M | Add +9.3% |
| C Citigroup Inc. | 0.93% | 48,379 | $4.1M | Add +6.6% |
| ABBV Abbvie Inc. | 0.89% | 21,283 | $3.9M | Add +26.3% |
| CRM Salesforce Inc. | 0.81% | 13,115 | $3.6M | Add +23.6% |
| CVX Chevron Corp. | 0.79% | 24,534 | $3.5M | Add +1.5% |
| PSA Public Storage | 0.76% | 11,429 | $3.3M | Reduce -2.7% |
| GLW Corning Inc. | 0.76% | 63,605 | $3.3M | Add +23.8% |
| ITW Illinois Tool Works | 0.74% | 13,153 | $3.2M | Reduce -20.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.71% | 25,381 | $3.1M | Reduce -18.0% |
| QQEW First TR Nasdaq-100 Sel Eq | 0.71% | 22,872 | $3.1M | Add +17.1% |
| CSCO Cisco Systems Inc. | 0.67% | 42,871 | $3.0M | Reduce -8.3% |
| PG The Procter & Gamble Co. | 0.64% | 17,648 | $2.8M | Reduce -23.1% |
| JNJ Johnson & Johnson | 0.63% | 18,347 | $2.8M | Reduce -14.8% |
| DHR Danaher Corp. | 0.62% | 13,881 | $2.7M | Add +8.2% |
| CCI Crown Castle Inc. | 0.61% | 26,349 | $2.7M | No change |
| XLE SS Energy Select Sector | 0.61% | 31,895 | $2.7M | Add +310.3% |
| MCD McDonald's Corp. | 0.60% | 9,140 | $2.7M | Reduce -58.5% |
| AVAV Aerovironment Inc. | 0.60% | 9,258 | $2.6M | Add +439.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.59% | 8,854 | $2.6M | Add +59.0% |
| HD Home Depot Inc. | 0.59% | 7,091 | $2.6M | Reduce -17.1% |
| ABT Abbott Laboratories | 0.58% | 18,846 | $2.6M | No change |
| UNH Unitedhealth Group Inc. | 0.57% | 8,126 | $2.5M | Add +55.6% |
| V Visa Inc. Class A | 0.56% | 6,928 | $2.5M | Add +31.6% |
| TMO Thermo Fisher Scientific Inc. | 0.54% | 5,934 | $2.4M | Add +12.8% |
| D Dominion Energy Inc. | 0.54% | 42,272 | $2.4M | Add +17.9% |
| ADP Automatic Data Processing | 0.54% | 7,717 | $2.4M | Add +4.7% |
| ORCL Oracle Corp. | 0.53% | 10,803 | $2.4M | Add +87.4% |
| WMT Walmart Inc. | 0.51% | 22,995 | $2.2M | No change |
| MA Mastercard Inc. Class A | 0.48% | 3,752 | $2.1M | Add +36.3% |
| INTU Intuit Inc. | 0.46% | 2,604 | $2.0M | No change |
| MRK Merck & Co. Inc. | 0.45% | 25,273 | $2.0M | Add +30.5% |
| AIG American International Group | 0.42% | 21,805 | $1.9M | New |
| QCOM Qualcomm Inc. | 0.42% | 11,671 | $1.9M | Add +46.3% |
| PGR Progressive Corp. | 0.42% | 6,921 | $1.8M | New |
| WFC Wells Fargo & Co. | 0.39% | 21,797 | $1.7M | No change |
| EOG EOG Resources Inc. | 0.39% | 14,599 | $1.7M | Reduce -14.9% |
| AMGN Amgen Inc. | 0.39% | 6,192 | $1.7M | Reduce -4.5% |
| LIN Linde PLC | 0.38% | 3,584 | $1.7M | Add +11.6% |
| PEP Pepsico Inc. | 0.37% | 12,357 | $1.6M | Reduce -20.6% |
| TXN Texas Instruments Inc. | 0.37% | 7,854 | $1.6M | Add +130.1% |
| SRE Sempra | 0.36% | 21,009 | $1.6M | Reduce -38.8% |
| GILD Gilead Sciences Inc. | 0.34% | 13,538 | $1.5M | Add +4.5% |
| SNOW Snowflake Inc. | 0.33% | 6,537 | $1.5M | Add +131.5% |
| PFE Pfizer Inc. | 0.31% | 56,419 | $1.4M | Add +128.2% |
| FTNT Fortinet Inc. | 0.31% | 12,829 | $1.4M | Add +119.5% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.30% | 18,727 | $1.3M | Reduce -26.3% |
| VRSN Verisign Inc. | 0.30% | 4,644 | $1.3M | Reduce -24.9% |
| EBAY eBay Inc. | 0.30% | 17,563 | $1.3M | Reduce -55.4% |
| CL Colgate-Palmolive Co. | 0.30% | 14,361 | $1.3M | Reduce -14.7% |
| GEHC GE Healthcare Technology | 0.29% | 17,578 | $1.3M | Add +54.8% |
| MDLZ Mondelez International Inc. Class A | 0.29% | 19,186 | $1.3M | Reduce -28.1% |
| PM Philip Morris International | 0.28% | 6,693 | $1.2M | Reduce -17.0% |
| XLY SS Consumer Disc Select Sect | 0.27% | 5,568 | $1.2M | Add +2200.8% |
| TER Teradyne Inc. | 0.27% | 13,331 | $1.2M | Add +345.0% |
| ADBE Adobe Inc. | 0.25% | 2,894 | $1.1M | Reduce -0.5% |
| EMR Emerson Electric Co. | 0.25% | 8,233 | $1.1M | No change |
| CME Cme Group Inc. | 0.25% | 3,938 | $1.1M | Reduce -45.6% |
| MMM 3M Co. | 0.24% | 7,002 | $1.1M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 2,173 | $1.1M | Add +6.2% |
| COP Conocophillips | 0.24% | 11,710 | $1.0M | Reduce -10.8% |
| CAT Caterpillar Inc. | 0.23% | 2,650 | $1.0M | No change |
| DELL Dell Technologies -C | 0.21% | 7,751 | $949K | Add +448.2% |
| ECL Ecolab Inc. | 0.21% | 3,525 | $948K | Add +28.0% |
| VZ Verizon Communications Inc. | 0.21% | 21,427 | $926K | Reduce -49.5% |
| WMB Williams Cos Inc. | 0.20% | 14,221 | $892K | Add +31.9% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 18,297 | $846K | Reduce -36.0% |
| FCX Freeport-McMoran Inc. | 0.19% | 18,980 | $822K | Reduce -9.0% |
| T AT&T Inc. | 0.18% | 28,156 | $814K | Reduce -42.5% |
| ELV Elevance Health Inc. | 0.18% | 2,022 | $785K | Reduce -18.8% |
| CI The Cigna Group | 0.17% | 2,299 | $759K | No change |
| CVS CVS Health Corp. | 0.17% | 10,854 | $748K | Add +117.9% |
| ICE Intercontinental Exchange Inc. | 0.16% | 3,851 | $706K | Reduce -36.2% |
| SPGI S&P Global Inc. | 0.15% | 1,271 | $669K | No change |
| MPWR Monolithic Power Systems Inc. | 0.14% | 861 | $629K | New |
Portfolio Sells Q1 2025 → Q2 2025
| MCD McDonald's Corp. | Reduce -58.5% | 0.60% | −1.35 |
| PG The Procter & Gamble Co. | Reduce -23.1% | 0.64% | −0.48 |
| EBAY eBay Inc. | Reduce -55.4% | 0.30% | −0.46 |
| XLC SS Comm Select Sector SPDR | Reduce -17.4% | 1.31% | −0.46 |
| XOM Exxon Mobil Corp. | Reduce -0.8% | 1.08% | −0.43 |
| ITW Illinois Tool Works | Reduce -20.4% | 0.74% | −0.43 |
| KO The Coca-Cola Co. | Reduce -4.0% | 1.30% | −0.42 |
| NFLX Netflix Inc. | Reduce -25.3% | 2.22% | −0.38 |
| JNJ Johnson & Johnson | Reduce -14.8% | 0.63% | −0.38 |
| VZ Verizon Communications Inc. | Reduce -49.5% | 0.21% | −0.34 |
| SRE Sempra | Reduce -38.8% | 0.36% | −0.34 |
| META Meta Platforms Inc. Class A | Reduce -7.2% | 5.64% | −0.33 |
| BMY Bristol-Myers Squibb Co. | Reduce -36.0% | 0.19% | −0.30 |
| HD Home Depot Inc. | Reduce -17.1% | 0.59% | −0.30 |
| CME Cme Group Inc. | Reduce -45.6% | 0.25% | −0.30 |
| PEP Pepsico Inc. | Reduce -20.6% | 0.37% | −0.29 |
| PSA Public Storage | Reduce -2.7% | 0.76% | −0.24 |
| FTV Fortive Corp. | Reduce -78.2% | 0.03% | −0.24 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.24 |
| EOG EOG Resources Inc. | Reduce -14.9% | 0.39% | −0.23 |
| MDLZ Mondelez International Inc. Class A | Reduce -28.1% | 0.29% | −0.22 |
| T AT&T Inc. | Reduce -42.5% | 0.18% | −0.21 |
| AMGN Amgen Inc. | Reduce -4.5% | 0.39% | −0.18 |
| DIS The Walt Disney Co. | Reduce -18.0% | 0.71% | −0.16 |
| COP Conocophillips | Reduce -10.8% | 0.24% | −0.15 |
| CL Colgate-Palmolive Co. | Reduce -14.7% | 0.30% | −0.15 |
| CSCO Cisco Systems Inc. | Reduce -8.3% | 0.67% | −0.15 |
| VRSN Verisign Inc. | Reduce -24.9% | 0.30% | −0.14 |
| BAC Bank of America Corp. | Reduce -2.5% | 0.99% | −0.14 |
| ICE Intercontinental Exchange Inc. | Reduce -36.2% | 0.16% | −0.14 |
| ELV Elevance Health Inc. | Reduce -18.8% | 0.18% | −0.13 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −0.11 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.10 |
| TTD Trade Desk Inc./the Class A | Reduce -26.3% | 0.30% | −0.09 |
| PM Philip Morris International | Reduce -17.0% | 0.28% | −0.09 |
| INTC Intel Corp. | Reduce -23.0% | 0.13% | −0.09 |
| ADBE Adobe Inc. | Reduce -0.5% | 0.25% | −0.06 |
| SBUX Starbucks Corp. | Reduce -23.5% | 0.07% | −0.05 |
| RAL Ralliant Corp. | Reduce -78.2% | 0.01% | −0.05 |
| MPC Marathon Petroleum Corp. | Reduce -31.6% | 0.08% | −0.05 |
| PSX Phillips 66 | Reduce -16.0% | 0.08% | −0.05 |
| DVN Devon Energy Corp. | Reduce -68.1% | 0.01% | −0.04 |
| RSG Republic Services Inc. | Reduce -48.3% | 0.03% | −0.04 |
| FCX Freeport-McMoran Inc. | Reduce -9.0% | 0.19% | −0.04 |
| DD Dupont DE Nemours Inc. | Reduce -42.0% | 0.03% | −0.03 |
| NUE Nucor Corp. | Reduce -47.5% | 0.03% | −0.03 |
| OXY Occidental Petroleum Corp. | Reduce -10.8% | 0.05% | −0.03 |
| SLB SLB Ltd. | Reduce -24.4% | 0.03% | −0.03 |
| ONC Beone Medicines Ltd.-ADR | Sold out | 0.00% | −0.03 |
| HUM Humana Inc. | Reduce -54.3% | 0.01% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| AMAT Applied Materials Inc. | Add +349.9% | 2.16% | +1.68 |
| PLTR Palantir Technologies Inc. Class A | Add +224.6% | 1.91% | +1.45 |
| AVGO Broadcom Inc. | Add +37.8% | 2.94% | +1.31 |
| NVDA Nvidia Corp. | Add +3.0% | 7.36% | +1.19 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +182.4% | 1.42% | +0.98 |
| NKE Nike Inc. Class B | Add +376.0% | 0.98% | +0.75 |
| PANW Palo Alto Networks Inc. | Add +70.1% | 1.82% | +0.70 |
| AMD Advanced Micro Devices | Add +113.1% | 0.99% | +0.57 |
| NOW ServiceNow Inc. | Add +109.5% | 1.01% | +0.54 |
| AVAV Aerovironment Inc. | Add +439.5% | 0.60% | +0.54 |
| AIG American International Group | New | 0.42% | +0.42 |
| PGR Progressive Corp. | New | 0.42% | +0.42 |
| XLE SS Energy Select Sector | Add +310.3% | 0.61% | +0.40 |
| TSLA Tesla Inc. | Add +55.6% | 1.08% | +0.37 |
| GS Goldman Sachs Group Inc. | Add +29.2% | 1.28% | +0.32 |
| ORCL Oracle Corp. | Add +87.4% | 0.53% | +0.30 |
| XLY SS Consumer Disc Select Sect | Add +2200.8% | 0.27% | +0.26 |
| SNOW Snowflake Inc. | Add +131.5% | 0.33% | +0.21 |
| TER Teradyne Inc. | Add +345.0% | 0.27% | +0.20 |
| IBM Intl Business Machines Corp. | Add +59.0% | 0.59% | +0.20 |
| TXN Texas Instruments Inc. | Add +130.1% | 0.37% | +0.19 |
| DELL Dell Technologies -C | Add +448.2% | 0.21% | +0.18 |
| FTNT Fortinet Inc. | Add +119.5% | 0.31% | +0.15 |
| MPWR Monolithic Power Systems Inc. | New | 0.14% | +0.14 |
| PFE Pfizer Inc. | Add +128.2% | 0.31% | +0.13 |
| HCA HCA Healthcare Inc. | New | 0.12% | +0.12 |
| XLV SS Health Care Select Sector | New | 0.11% | +0.11 |
| TWLO Twilio Inc. Class A | Add +570.9% | 0.12% | +0.11 |
| BKNG Booking Holdings Inc. | New | 0.10% | +0.10 |
| APH Amphenol Corp. Class A | New | 0.09% | +0.09 |
| GLW Corning Inc. | Add +23.8% | 0.76% | +0.09 |
| BSX Boston Scientific Corp. | Add +29.6% | 0.97% | +0.09 |
| CVS CVS Health Corp. | Add +117.9% | 0.17% | +0.07 |
| NBIX Neurocrine Biosciences Inc. | New | 0.07% | +0.07 |
| QCOM Qualcomm Inc. | Add +46.3% | 0.42% | +0.07 |
| VEEV Veeva Systems Inc. Class A | Add +9.3% | 0.96% | +0.07 |
| NET Cloudflare Inc. Class A | New | 0.06% | +0.06 |
| CEG Constellation Energy | Add +383.7% | 0.07% | +0.06 |
| COR Cencora Inc. | New | 0.06% | +0.06 |
| MA Mastercard Inc. Class A | Add +36.3% | 0.48% | +0.05 |
| TRV The Travelers Cos Inc. | Add +518.4% | 0.06% | +0.05 |
| IDXX Idexx Laboratories Inc. | New | 0.04% | +0.04 |
| OKTA Okta Inc. | New | 0.04% | +0.04 |
| EXR Extra Space Storage Inc. | New | 0.04% | +0.04 |
| COIN Coinbase Global Inc. Class A | Add +0.7% | 0.09% | +0.03 |
| QQEW First TR Nasdaq-100 Sel Eq | Add +17.1% | 0.71% | +0.03 |
| GEHC GE Healthcare Technology | Add +54.8% | 0.29% | +0.03 |
| UEC Uranium Energy Corp. | New | 0.03% | +0.03 |
| V Visa Inc. Class A | Add +31.6% | 0.56% | +0.03 |
| HIMS Hims & Hers Health Inc. | New | 0.03% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 164 | $460.3M | NVDA, GOOGL, AMZN, MSFT, AAPL |
| Q1 2026 | 162 | $429.9M | NVDA, AMZN, GOOGL, MSFT, AAPL |
| Q4 2025 | 164 | $501.9M | TSLA, NVDA, GOOGL, AMZN, META |
| Q3 2025 | 174 | $479.4M | NVDA, MSFT, AMZN, GOOGL, AAPL |
| Q2 2025 | 161 | $441.8M | NVDA, MSFT, AMZN, GOOGL, META |
| Q1 2025 | 140 | $351.6M | AMZN, MSFT, GOOGL, NVDA, META |
| Q4 2024 | 130 | $387.0M | AAPL, GOOGL, MSFT, AMZN, NVDA |