Generate Investment Management Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 16, 2026), Generate Investment Management Ltd reported 70 stock positions worth $2.0 billion. Its top holding was Nvidia (NVDA) at 11.9% of the portfolio, followed by Microsoft (MSFT, 9.1%) and Amazon.com (AMZN, 8.3%). Compared with Q4 2025, it opened 18 new positions, sold out of 24, added to 14 and reduced 38. The biggest buy was Nvidia (NVDA, shares +63%) and the biggest sale Alaska Air (ALK, shares −75%).
- Most Recent 13F
- Q2 2026
- Location
- AUCKLAND, Q2
- CIK
- 0002025905
- Portfolio Value
- $2.0B (Q1 2026)
- SEC Filing
- 0002025905-26-000003 ↗ filed Apr 16, 2026
Holdings Value
Holdings 70 stocks · $2.0B
| NVDA Nvidia Corp. | 11.91% | 1,385,889 | $241.7M | Add +62.5% |
| MSFT Microsoft Corp. | 9.14% | 501,263 | $185.6M | Add +57.6% |
| AMZN Amazon.com Inc. | 8.31% | 810,357 | $168.8M | Add +19.2% |
| META Meta Platforms Inc. Class A | 6.19% | 219,743 | $125.7M | Add +34.4% |
| GOOGL Alphabet Inc. Class A | 6.01% | 424,612 | $122.1M | Reduce -11.6% |
| AAPL Apple Inc. | 5.11% | 409,043 | $103.8M | Add +40.0% |
| TSM Taiwan Semiconductor-SP ADR | 4.15% | 249,222 | $84.2M | Reduce -20.2% |
| AVGO Broadcom Inc. | 3.80% | 248,950 | $77.1M | Add +13.5% |
| MU Micron Technology Inc. | 3.36% | 202,187 | $68.3M | Add +100.1% |
| GEV GE Vernova Inc. | 2.50% | 58,048 | $50.7M | Add +163.8% |
| NFLX Netflix Inc. | 2.22% | 467,711 | $45.0M | Add +46.9% |
| ORCL Oracle Corp. | 2.00% | 276,544 | $40.7M | Add +130.4% |
| AGI Alamos Gold Inc. Class A | 1.64% | 750,000 | $33.3M | Reduce -37.5% |
| LRCX Lam Research Corp. | 1.59% | 151,334 | $32.3M | Add +67.5% |
| APH Amphenol Corp. Class A | 1.58% | 254,042 | $32.1M | Reduce -11.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.54% | 65,045 | $31.2M | Reduce -21.7% |
| MA Mastercard Inc. Class A | 1.40% | 57,069 | $28.5M | Reduce -17.1% |
| AMD Advanced Micro Devices | 1.37% | 137,183 | $27.9M | New |
| BP BP PLC-Spons ADR | 1.30% | 563,151 | $26.5M | New |
| V Visa Inc. Class A | 1.26% | 84,937 | $25.7M | Reduce -32.9% |
| LLY Eli Lilly & Co. | 1.23% | 27,197 | $25.0M | Reduce -42.6% |
| CPAY Corpay Inc. | 1.15% | 80,000 | $23.3M | Reduce -33.3% |
| NEM Newmont Corp. | 1.07% | 200,000 | $21.6M | Reduce -53.4% |
| UBER Uber Technologies Inc. | 0.96% | 271,429 | $19.5M | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.96% | 90,000 | $19.5M | Add +200.0% |
| AEM Agnico Eagle Mines Ltd. | 0.95% | 95,000 | $19.3M | New |
| NOW ServiceNow Inc. | 0.94% | 183,184 | $19.2M | Add +193.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.89% | 74,657 | $18.1M | New |
| CRM Salesforce Inc. | 0.83% | 90,608 | $16.9M | Reduce -0.8% |
| BSX Boston Scientific Corp. | 0.79% | 254,250 | $16.0M | Reduce -27.1% |
| MCO Moody's Corp. | 0.73% | 33,885 | $14.8M | Reduce -11.7% |
| ETN Eaton Corp. PLC | 0.71% | 40,378 | $14.4M | Reduce -28.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.68% | 10,489 | $13.9M | Reduce -22.3% |
| PLD Prologis Inc. | 0.68% | 104,148 | $13.8M | Reduce -33.9% |
| DHR Danaher Corp. | 0.65% | 69,057 | $13.1M | New |
| AMAT Applied Materials Inc. | 0.62% | 36,882 | $12.6M | New |
| INTU Intuit Inc. | 0.59% | 27,804 | $12.0M | New |
| KLAC KLA Corp. | 0.58% | 7,928 | $11.7M | New |
| MPWR Monolithic Power Systems Inc. | 0.57% | 10,640 | $11.6M | Add +3.0% |
| LNG Cheniere Energy Inc. | 0.56% | 40,000 | $11.4M | Reduce -27.3% |
| SPGI S&P Global Inc. | 0.52% | 25,000 | $10.6M | Reduce -28.6% |
| UNH Unitedhealth Group Inc. | 0.50% | 37,627 | $10.2M | Reduce -44.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.47% | 195,874 | $9.5M | Reduce -65.9% |
| JPM JPMorgan Chase & Co. | 0.41% | 28,507 | $8.4M | Reduce -37.0% |
| EQT Eqt Corp. | 0.41% | 130,000 | $8.3M | Reduce -63.9% |
| ANET Arista Networks Inc. | 0.41% | 67,371 | $8.3M | New |
| SPOT Spotify Technology SA | 0.39% | 16,508 | $8.0M | Reduce -0.9% |
| ALK Alaska Air Group Inc. | 0.36% | 200,000 | $7.4M | Reduce -75.0% |
| VRT Vertiv Holdings Co. Class A | 0.35% | 28,541 | $7.2M | New |
| ABBV Abbvie Inc. | 0.34% | 32,184 | $7.0M | Reduce -14.1% |
| TMO Thermo Fisher Scientific Inc. | 0.32% | 13,256 | $6.5M | Reduce -62.8% |
| MRVL Marvell Technology Inc. | 0.31% | 63,734 | $6.3M | Reduce -24.9% |
| TKO Tko Group Holdings Inc. | 0.31% | 31,169 | $6.3M | New |
| DASH DoorDash Inc. Class A | 0.28% | 37,688 | $5.7M | Reduce -31.7% |
| CART Maplebear Inc. | 0.28% | 150,000 | $5.6M | Reduce -76.6% |
| NXPI NXP Semiconductors NV | 0.27% | 28,293 | $5.6M | Reduce -44.6% |
| HD Home Depot Inc. | 0.25% | 15,347 | $5.0M | Reduce -72.5% |
| RGEN Repligen Corp. | 0.24% | 41,521 | $4.9M | New |
| CRH CRH PLC | 0.23% | 43,528 | $4.6M | Reduce -76.7% |
| SYK Stryker Corp. | 0.23% | 13,917 | $4.6M | Reduce -55.0% |
| TSLA Tesla Inc. | 0.22% | 12,106 | $4.5M | Reduce -54.3% |
| REGN Regeneron Pharmaceuticals | 0.19% | 4,908 | $3.8M | New |
| COST Costco Wholesale Corp. | 0.03% | 610 | $608K | New |
| MCK McKesson Corp. | 0.02% | 568 | $492K | Reduce -85.7% |
| ROST Ross Stores Inc. | 0.02% | 2,236 | $484K | New |
| ISRG Intuitive Surgical Inc. | 0.02% | 989 | $456K | Reduce -95.1% |
| TXN Texas Instruments Inc. | 0.02% | 1,981 | $385K | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.01% | 628 | $280K | Reduce -97.6% |
| RCL Royal Caribbean Cruises Ltd. | 0.01% | 956 | $263K | Reduce -94.5% |
| HCA HCA Healthcare Inc. | 0.01% | 426 | $202K | New |
Portfolio Sells Q4 2025 → Q1 2026
| ALK Alaska Air Group Inc. | Reduce -75.0% | 0.36% | −1.47 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −1.24 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −1.21 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −1.15 |
| LLY Eli Lilly & Co. | Reduce -42.6% | 1.23% | −1.09 |
| CART Maplebear Inc. | Reduce -76.6% | 0.28% | −1.04 |
| BAC Bank of America Corp. | Reduce -65.9% | 0.47% | −0.97 |
| NEM Newmont Corp. | Reduce -53.4% | 1.07% | −0.89 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.87 |
| GOOGL Alphabet Inc. Class A | Reduce -11.6% | 6.01% | −0.85 |
| CRH CRH PLC | Reduce -76.7% | 0.23% | −0.84 |
| V Visa Inc. Class A | Reduce -32.9% | 1.26% | −0.76 |
| BSX Boston Scientific Corp. | Reduce -27.1% | 0.79% | −0.73 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.65 |
| HD Home Depot Inc. | Reduce -72.5% | 0.25% | −0.63 |
| TMO Thermo Fisher Scientific Inc. | Reduce -62.8% | 0.32% | −0.62 |
| WAL Western Alliance Bancorp | Sold out | 0.00% | −0.61 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.58 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.54 |
| WCN Waste Connections Inc. | Sold out | 0.00% | −0.54 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -97.6% | 0.01% | −0.53 |
| UNH Unitedhealth Group Inc. | Reduce -44.8% | 0.50% | −0.52 |
| ISRG Intuitive Surgical Inc. | Reduce -95.1% | 0.02% | −0.50 |
| CPAY Corpay Inc. | Reduce -33.3% | 1.15% | −0.50 |
| EQT Eqt Corp. | Reduce -63.9% | 0.41% | −0.47 |
| AGI Alamos Gold Inc. Class A | Reduce -37.5% | 1.64% | −0.47 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.47 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −0.44 |
| WCC Wesco International Inc. | Sold out | 0.00% | −0.40 |
| MA Mastercard Inc. Class A | Reduce -17.1% | 1.40% | −0.39 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -21.7% | 1.54% | −0.37 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.35 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −0.33 |
| TSLA Tesla Inc. | Reduce -54.3% | 0.22% | −0.32 |
| SPGI S&P Global Inc. | Reduce -28.6% | 0.52% | −0.31 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.30 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.30 |
| DASH DoorDash Inc. Class A | Reduce -31.7% | 0.28% | −0.29 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.28 |
| COR Cencora Inc. | Sold out | 0.00% | −0.28 |
| SYK Stryker Corp. | Reduce -55.0% | 0.23% | −0.27 |
| CRM Salesforce Inc. | Reduce -0.8% | 0.83% | −0.27 |
| JPM JPMorgan Chase & Co. | Reduce -37.0% | 0.41% | −0.25 |
| PLD Prologis Inc. | Reduce -33.9% | 0.68% | −0.24 |
| NXPI NXP Semiconductors NV | Reduce -44.6% | 0.27% | −0.23 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.22 |
| RSG Republic Services Inc. | Sold out | 0.00% | −0.22 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -94.5% | 0.01% | −0.21 |
| APH Amphenol Corp. Class A | Reduce -11.9% | 1.58% | −0.20 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -20.2% | 4.15% | −0.18 |
Portfolio Buys Q4 2025 → Q1 2026
| NVDA Nvidia Corp. | Add +62.5% | 11.91% | +4.65 |
| MSFT Microsoft Corp. | Add +57.6% | 9.14% | +2.12 |
| MU Micron Technology Inc. | Add +100.1% | 3.36% | +2.05 |
| GEV GE Vernova Inc. | Add +163.8% | 2.50% | +1.84 |
| AAPL Apple Inc. | Add +40.0% | 5.11% | +1.49 |
| AMD Advanced Micro Devices | New | 1.37% | +1.37 |
| BP BP PLC-Spons ADR | New | 1.30% | +1.30 |
| META Meta Platforms Inc. Class A | Add +34.4% | 6.19% | +1.27 |
| AMZN Amazon.com Inc. | Add +19.2% | 8.31% | +1.16 |
| UBER Uber Technologies Inc. | New | 0.96% | +0.96 |
| AEM Agnico Eagle Mines Ltd. | New | 0.95% | +0.95 |
| ORCL Oracle Corp. | Add +130.4% | 2.00% | +0.94 |
| IBM Intl Business Machines Corp. | New | 0.89% | +0.89 |
| LRCX Lam Research Corp. | Add +67.5% | 1.59% | +0.89 |
| NFLX Netflix Inc. | Add +46.9% | 2.22% | +0.85 |
| DHR Danaher Corp. | New | 0.65% | +0.65 |
| AMAT Applied Materials Inc. | New | 0.62% | +0.62 |
| AJG Arthur J Gallagher & Co. | Add +200.0% | 0.96% | +0.61 |
| INTU Intuit Inc. | New | 0.59% | +0.59 |
| KLAC KLA Corp. | New | 0.58% | +0.58 |
| NOW ServiceNow Inc. | Add +193.1% | 0.94% | +0.51 |
| ANET Arista Networks Inc. | New | 0.41% | +0.41 |
| VRT Vertiv Holdings Co. Class A | New | 0.35% | +0.35 |
| AVGO Broadcom Inc. | Add +13.5% | 3.80% | +0.33 |
| TKO Tko Group Holdings Inc. | New | 0.31% | +0.31 |
| RGEN Repligen Corp. | New | 0.24% | +0.24 |
| REGN Regeneron Pharmaceuticals | New | 0.19% | +0.19 |
| MPWR Monolithic Power Systems Inc. | Add +3.0% | 0.57% | +0.15 |
| COST Costco Wholesale Corp. | New | 0.03% | +0.03 |
| ROST Ross Stores Inc. | New | 0.02% | +0.02 |
| TXN Texas Instruments Inc. | New | 0.02% | +0.02 |
| HCA HCA Healthcare Inc. | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 90 | $2.4B | NVDA, AMZN, MSFT, GOOGL, AAPL |
| Q1 2026 | 70 | $2.0B | NVDA, MSFT, AMZN, META, GOOGL |
| Q4 2025 | 76 | $2.2B | NVDA, AMZN, MSFT, GOOGL, META |
| Q3 2025 | 81 | $2.0B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 90 | $1.8B | NVDA, MSFT, AMZN, META, TSM |
| Q1 2025 | 77 | $1.4B | AMZN, NVDA, META, MSFT, TSM |
| Q4 2024 | 75 | $1.4B | NVDA, MSFT, AMZN, META, AAPL |
| Q3 2024 | 72 | $1.5B | NVDA, MSFT, AMZN, META, AAPL |
| Q2 2024 | 74 | $1.4B | AMZN, MSFT, NVDA, GOOGL, AAPL |
| Q1 2024 | 74 | $1.3B | MSFT, AMZN, GOOGL, BRK.B, NVDA |