Generali Investments, Management Co LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Generali Investments, Management Co LLC reported 164 stock positions worth $501.9 million. Its top holding was Tesla (TSLA) at 7.4% of the portfolio, followed by Nvidia (NVDA, 7.1%) and Alphabet Class A (GOOGL, 6.6%). Compared with Q3 2025, it opened 4 new positions, sold out of 14, added to 75 and reduced 63. The biggest buy was Tesla (TSLA, shares +40%) and the biggest sale Microsoft (MSFT, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- LJUBLJANA, 2A
- CIK
- 0002043136
- Portfolio Value
- $501.9M (Q4 2025)
- SEC Filing
- 0002043136-26-000001 ↗ filed Jan 29, 2026
Holdings Value
Holdings 164 stocks · $501.9M
| TSLA Tesla Inc. | 7.36% | 82,150 | $36.9M | Add +39.7% |
| NVDA Nvidia Corp. | 7.12% | 191,505 | $35.7M | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 6.60% | 105,806 | $33.1M | Reduce -11.0% |
| AMZN Amazon.com Inc. | 6.51% | 141,536 | $32.7M | Add +4.7% |
| META Meta Platforms Inc. Class A | 6.15% | 46,760 | $30.9M | Add +34.4% |
| MSFT Microsoft Corp. | 4.87% | 50,560 | $24.5M | Reduce -25.2% |
| AAPL Apple Inc. | 4.57% | 84,394 | $22.9M | Reduce -18.6% |
| PLTR Palantir Technologies Inc. Class A | 2.73% | 77,015 | $13.7M | Add +32.2% |
| NFLX Netflix Inc. | 2.51% | 134,468 | $12.6M | Add +25.5% |
| AVGO Broadcom Inc. | 2.48% | 35,976 | $12.5M | Reduce -3.5% |
| LLY Eli Lilly & Co. | 2.45% | 11,423 | $12.3M | Reduce -9.1% |
| PANW Palo Alto Networks Inc. | 1.77% | 48,140 | $8.9M | Reduce -11.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.67% | 17,894 | $8.4M | Add +84.0% |
| AMD Advanced Micro Devices | 1.45% | 34,031 | $7.3M | Add +46.5% |
| ABBV Abbvie Inc. | 1.37% | 30,190 | $6.9M | Add +2.5% |
| JNJ Johnson & Johnson | 1.36% | 33,099 | $6.8M | Add +5.2% |
| LRCX Lam Research Corp. | 1.24% | 36,274 | $6.2M | Add +62.0% |
| AMAT Applied Materials Inc. | 1.17% | 22,789 | $5.9M | Add +132.8% |
| JPM JPMorgan Chase & Co. | 1.07% | 16,641 | $5.4M | Reduce -12.5% |
| XOM Exxon Mobil Corp. | 1.04% | 43,180 | $5.2M | Reduce -0.5% |
| MRK Merck & Co. Inc. | 1.03% | 49,160 | $5.2M | Add +32.2% |
| MCD McDonald's Corp. | 0.98% | 16,051 | $4.9M | Add +70.3% |
| ISRG Intuitive Surgical Inc. | 0.95% | 8,404 | $4.8M | Add +13.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.85% | 14,449 | $4.3M | Add +26.9% |
| ORCL Oracle Corp. | 0.81% | 20,733 | $4.0M | Add +82.6% |
| GS Goldman Sachs Group Inc. | 0.79% | 4,537 | $4.0M | Reduce -28.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.79% | 71,778 | $3.9M | Reduce -6.6% |
| DHR Danaher Corp. | 0.74% | 16,227 | $3.7M | Add +8.0% |
| BSX Boston Scientific Corp. | 0.74% | 38,737 | $3.7M | Reduce -8.2% |
| CSCO Cisco Systems Inc. | 0.73% | 47,277 | $3.6M | Add +10.3% |
| PFE Pfizer Inc. | 0.71% | 143,144 | $3.6M | Add +84.5% |
| CVX Chevron Corp. | 0.70% | 23,026 | $3.5M | Add +2.6% |
| ABT Abbott Laboratories | 0.70% | 27,936 | $3.5M | Add +13.4% |
| C Citigroup Inc. | 0.69% | 29,794 | $3.5M | Reduce -20.9% |
| DELL Dell Technologies -C | 0.68% | 27,235 | $3.4M | Add +137.7% |
| SYK Stryker Corp. | 0.68% | 9,707 | $3.4M | Add +6.4% |
| GILD Gilead Sciences Inc. | 0.66% | 27,029 | $3.3M | Add +37.9% |
| TMO Thermo Fisher Scientific Inc. | 0.66% | 5,713 | $3.3M | Reduce -18.8% |
| UNH Unitedhealth Group Inc. | 0.62% | 9,361 | $3.1M | Reduce -22.9% |
| SNOW Snowflake Inc. | 0.60% | 13,777 | $3.0M | Add +42.7% |
| INTC Intel Corp. | 0.58% | 78,833 | $2.9M | Add +355.1% |
| AMGN Amgen Inc. | 0.58% | 8,859 | $2.9M | Add +15.6% |
| ROKU Roku Inc. | 0.58% | 26,718 | $2.9M | Add +468.7% |
| VEEV Veeva Systems Inc. Class A | 0.50% | 11,149 | $2.5M | Reduce -31.4% |
| V Visa Inc. Class A | 0.48% | 6,928 | $2.4M | No change |
| ADBE Adobe Inc. | 0.48% | 6,936 | $2.4M | Add +310.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 4,716 | $2.4M | Add +11.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 20,463 | $2.3M | Reduce -29.8% |
| PG The Procter & Gamble Co. | 0.44% | 15,237 | $2.2M | Add +54.8% |
| HD Home Depot Inc. | 0.43% | 6,305 | $2.2M | Reduce -17.0% |
| CL Colgate-Palmolive Co. | 0.42% | 26,425 | $2.1M | Add +790.6% |
| D Dominion Energy Inc. | 0.42% | 35,612 | $2.1M | Reduce -22.0% |
| BIIB Biogen Inc. | 0.38% | 10,974 | $1.9M | Add +10.1% |
| QCOM Qualcomm Inc. | 0.38% | 11,049 | $1.9M | Add +21.3% |
| KO The Coca-Cola Co. | 0.38% | 26,927 | $1.9M | Reduce -6.6% |
| CRM Salesforce Inc. | 0.35% | 6,608 | $1.8M | Add +46.4% |
| WFC Wells Fargo & Co. | 0.34% | 18,121 | $1.7M | Add +35.5% |
| MA Mastercard Inc. Class A | 0.34% | 2,949 | $1.7M | Reduce -21.4% |
| LIN Linde PLC | 0.31% | 3,697 | $1.6M | Add +15.5% |
| CAT Caterpillar Inc. | 0.29% | 2,529 | $1.4M | Reduce -4.6% |
| INTU Intuit Inc. | 0.29% | 2,187 | $1.4M | Reduce -16.0% |
| REGN Regeneron Pharmaceuticals | 0.29% | 1,866 | $1.4M | Add +55.2% |
| APP AppLovin Corp. Class A | 0.28% | 2,098 | $1.4M | Add +245.1% |
| WMT Walmart Inc. | 0.26% | 11,900 | $1.3M | Add +21.3% |
| TWLO Twilio Inc. Class A | 0.26% | 9,067 | $1.3M | Add +33.1% |
| CCI Crown Castle Inc. | 0.25% | 14,252 | $1.3M | Reduce -21.9% |
| NBIX Neurocrine Biosciences Inc. | 0.25% | 8,907 | $1.3M | Add +79.7% |
| EQT Eqt Corp. | 0.25% | 23,207 | $1.2M | Reduce -17.9% |
| ZETA Zeta Global Holdings Corp. Class A | 0.25% | 61,000 | $1.2M | Add +65.1% |
| CVS CVS Health Corp. | 0.24% | 15,286 | $1.2M | Add +23.2% |
| MMM 3M Co. | 0.22% | 7,002 | $1.1M | No change |
| APH Amphenol Corp. Class A | 0.21% | 7,986 | $1.1M | Add +42.0% |
| CME Cme Group Inc. | 0.21% | 3,938 | $1.1M | No change |
| VRTX Vertex Pharmaceuticals Inc. | 0.21% | 2,347 | $1.1M | Add +30.6% |
| SRE Sempra | 0.21% | 11,871 | $1.0M | Reduce -50.7% |
| ADP Automatic Data Processing | 0.21% | 4,013 | $1.0M | Reduce -36.5% |
| NOW ServiceNow Inc. | 0.20% | 6,665 | $1.0M | Reduce -31.9% |
| EMR Emerson Electric Co. | 0.20% | 7,453 | $989K | Reduce -37.7% |
| PSA Public Storage | 0.19% | 3,725 | $967K | Reduce -64.7% |
| NEE Nextera Energy Inc. | 0.19% | 12,011 | $964K | Reduce -2.0% |
| PEP Pepsico Inc. | 0.18% | 6,168 | $885K | Reduce -9.2% |
| ITW Illinois Tool Works | 0.18% | 3,583 | $882K | Reduce -65.3% |
| BMY Bristol-Myers Squibb Co. | 0.17% | 16,143 | $871K | No change |
| AIG American International Group | 0.17% | 10,046 | $859K | Reduce -53.9% |
| TEM Tempus AI Inc. Class A | 0.17% | 14,375 | $849K | Add +75.1% |
| CI The Cigna Group | 0.17% | 3,075 | $846K | Add +33.8% |
| MCK McKesson Corp. | 0.17% | 1,014 | $832K | Add +500.0% |
| SPGI S&P Global Inc. | 0.16% | 1,540 | $805K | Reduce -5.2% |
| CEG Constellation Energy | 0.15% | 2,155 | $761K | Add +25.9% |
| STLD Steel Dynamics Inc. | 0.15% | 4,478 | $759K | Add +552.8% |
| COP Conocophillips | 0.15% | 7,961 | $745K | Reduce -19.0% |
| HCA HCA Healthcare Inc. | 0.15% | 1,595 | $745K | Reduce -31.5% |
| IDXX Idexx Laboratories Inc. | 0.15% | 1,081 | $731K | Add +27.6% |
| NKE Nike Inc. Class B | 0.14% | 11,373 | $725K | Reduce -47.6% |
| RTX RTX Corp. | 0.14% | 3,830 | $702K | Add +116.5% |
| BDX Becton Dickinson and Co. | 0.13% | 3,477 | $675K | Add +71.3% |
| ECL Ecolab Inc. | 0.13% | 2,539 | $667K | Reduce -28.8% |
| WMB Williams Cos Inc. | 0.13% | 10,901 | $655K | Add +10.2% |
| GEHC GE Healthcare Technology | 0.13% | 7,908 | $649K | Reduce -40.8% |
| EW Edwards Lifesciences Corp. | 0.13% | 7,560 | $644K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -25.2% | 4.87% | −2.43 |
| AAPL Apple Inc. | Reduce -18.6% | 4.57% | −0.94 |
| HIMS Hims & Hers Health Inc. | Sold out | 0.00% | −0.66 |
| NVDA Nvidia Corp. | Reduce -2.9% | 7.12% | −0.56 |
| PANW Palo Alto Networks Inc. | Reduce -11.5% | 1.77% | −0.54 |
| VEEV Veeva Systems Inc. Class A | Reduce -31.4% | 0.50% | −0.51 |
| TER Teradyne Inc. | Reduce -95.7% | 0.03% | −0.45 |
| PSA Public Storage | Reduce -64.7% | 0.19% | −0.44 |
| ITW Illinois Tool Works | Reduce -65.3% | 0.18% | −0.39 |
| MPWR Monolithic Power Systems Inc. | Reduce -88.2% | 0.05% | −0.37 |
| GLW Corning Inc. | Reduce -77.6% | 0.11% | −0.36 |
| PGR Progressive Corp. | Reduce -93.5% | 0.02% | −0.34 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.33 |
| AVAV Aerovironment Inc. | Sold out | 0.00% | −0.26 |
| GS Goldman Sachs Group Inc. | Reduce -28.7% | 0.79% | −0.26 |
| UNH Unitedhealth Group Inc. | Reduce -22.9% | 0.62% | −0.26 |
| SRE Sempra | Reduce -50.7% | 0.21% | −0.24 |
| VRSN Verisign Inc. | Reduce -76.2% | 0.06% | −0.24 |
| DIS The Walt Disney Co. | Reduce -29.8% | 0.46% | −0.23 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.23 |
| HD Home Depot Inc. | Reduce -17.0% | 0.43% | −0.21 |
| NET Cloudflare Inc. Class A | Reduce -86.2% | 0.03% | −0.21 |
| AIG American International Group | Reduce -53.9% | 0.17% | −0.19 |
| JPM JPMorgan Chase & Co. | Reduce -12.5% | 1.07% | −0.18 |
| ADP Automatic Data Processing | Reduce -36.5% | 0.21% | −0.18 |
| NOW ServiceNow Inc. | Reduce -31.9% | 0.20% | −0.17 |
| NKE Nike Inc. Class B | Reduce -47.6% | 0.14% | −0.17 |
| D Dominion Energy Inc. | Reduce -22.0% | 0.42% | −0.17 |
| EMR Emerson Electric Co. | Reduce -37.7% | 0.20% | −0.13 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.12 |
| BSX Boston Scientific Corp. | Reduce -8.2% | 0.74% | −0.12 |
| CCI Crown Castle Inc. | Reduce -21.9% | 0.25% | −0.11 |
| BKNG Booking Holdings Inc. | Reduce -77.4% | 0.03% | −0.11 |
| MA Mastercard Inc. Class A | Reduce -21.4% | 0.34% | −0.11 |
| C Citigroup Inc. | Reduce -20.9% | 0.69% | −0.10 |
| PM Philip Morris International | Reduce -44.4% | 0.11% | −0.10 |
| MDLZ Mondelez International Inc. Class A | Reduce -59.3% | 0.05% | −0.09 |
| SHW The Sherwin-Williams Co. | Reduce -66.9% | 0.04% | −0.09 |
| AVGO Broadcom Inc. | Reduce -3.5% | 2.48% | −0.09 |
| INTU Intuit Inc. | Reduce -16.0% | 0.29% | −0.08 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.08 |
| GEHC GE Healthcare Technology | Reduce -40.8% | 0.13% | −0.08 |
| EQT Eqt Corp. | Reduce -17.9% | 0.25% | −0.07 |
| EOG EOG Resources Inc. | Reduce -41.0% | 0.08% | −0.07 |
| ECL Ecolab Inc. | Reduce -28.8% | 0.13% | −0.07 |
| SMR Nuscale Power Corp. | Sold out | 0.00% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -54.0% | 0.05% | −0.07 |
| ELV Elevance Health Inc. | Reduce -47.0% | 0.07% | −0.06 |
| MO Altria Group Inc. | Reduce -24.7% | 0.10% | −0.06 |
| HCA HCA Healthcare Inc. | Reduce -31.5% | 0.15% | −0.06 |
Portfolio Buys Q3 2025 → Q4 2025
| TSLA Tesla Inc. | Add +39.7% | 7.36% | +1.91 |
| META Meta Platforms Inc. Class A | Add +34.4% | 6.15% | +0.82 |
| AMAT Applied Materials Inc. | Add +132.8% | 1.17% | +0.75 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +84.0% | 1.67% | +0.68 |
| AMD Advanced Micro Devices | Add +46.5% | 1.45% | +0.67 |
| LRCX Lam Research Corp. | Add +62.0% | 1.24% | +0.61 |
| PLTR Palantir Technologies Inc. Class A | Add +32.2% | 2.73% | +0.51 |
| ROKU Roku Inc. | Add +468.7% | 0.58% | +0.48 |
| INTC Intel Corp. | Add +355.1% | 0.58% | +0.46 |
| MCD McDonald's Corp. | Add +70.3% | 0.98% | +0.38 |
| MRK Merck & Co. Inc. | Add +32.2% | 1.03% | +0.38 |
| CL Colgate-Palmolive Co. | Add +790.6% | 0.42% | +0.37 |
| ADBE Adobe Inc. | Add +310.4% | 0.48% | +0.36 |
| DELL Dell Technologies -C | Add +137.7% | 0.68% | +0.34 |
| AMZN Amazon.com Inc. | Add +4.7% | 6.51% | +0.32 |
| PFE Pfizer Inc. | Add +84.5% | 0.71% | +0.30 |
| ISRG Intuitive Surgical Inc. | Add +13.5% | 0.95% | +0.26 |
| GILD Gilead Sciences Inc. | Add +37.9% | 0.66% | +0.21 |
| APP AppLovin Corp. Class A | Add +245.1% | 0.28% | +0.19 |
| IBM Intl Business Machines Corp. | Add +26.9% | 0.85% | +0.18 |
| JNJ Johnson & Johnson | Add +5.2% | 1.36% | +0.15 |
| SNOW Snowflake Inc. | Add +42.7% | 0.60% | +0.15 |
| REGN Regeneron Pharmaceuticals | Add +55.2% | 0.29% | +0.15 |
| ORCL Oracle Corp. | Add +82.6% | 0.81% | +0.14 |
| MCK McKesson Corp. | Add +500.0% | 0.17% | +0.14 |
| STLD Steel Dynamics Inc. | Add +552.8% | 0.15% | +0.13 |
| AMGN Amgen Inc. | Add +15.6% | 0.58% | +0.13 |
| CRM Salesforce Inc. | Add +46.4% | 0.35% | +0.13 |
| PG The Procter & Gamble Co. | Add +54.8% | 0.44% | +0.12 |
| DHR Danaher Corp. | Add +8.0% | 0.74% | +0.12 |
| TWLO Twilio Inc. Class A | Add +33.1% | 0.26% | +0.11 |
| CSCO Cisco Systems Inc. | Add +10.3% | 0.73% | +0.11 |
| NBIX Neurocrine Biosciences Inc. | Add +79.7% | 0.25% | +0.11 |
| WFC Wells Fargo & Co. | Add +35.5% | 0.34% | +0.10 |
| ZETA Zeta Global Holdings Corp. Class A | Add +65.1% | 0.25% | +0.09 |
| BIIB Biogen Inc. | Add +10.1% | 0.38% | +0.09 |
| CMCSA Comcast Corp. Class A | Add +455.6% | 0.11% | +0.09 |
| RTX RTX Corp. | Add +116.5% | 0.14% | +0.08 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.08% | +0.08 |
| APH Amphenol Corp. Class A | Add +42.0% | 0.21% | +0.07 |
| VRTX Vertex Pharmaceuticals Inc. | Add +30.6% | 0.21% | +0.07 |
| QCOM Qualcomm Inc. | Add +21.3% | 0.38% | +0.06 |
| GEV GE Vernova Inc. | Add +693.5% | 0.06% | +0.06 |
| BDX Becton Dickinson and Co. | Add +71.3% | 0.13% | +0.06 |
| WMT Walmart Inc. | Add +21.3% | 0.26% | +0.05 |
| WAT Waters Corp. | Add +117.8% | 0.08% | +0.05 |
| CVS CVS Health Corp. | Add +23.2% | 0.24% | +0.05 |
| HUM Humana Inc. | Add +333.7% | 0.06% | +0.04 |
| TMDX Transmedics Group Inc. | Add +138.1% | 0.07% | +0.04 |
| CEG Constellation Energy | Add +25.9% | 0.15% | +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 |