Harel Insurance Investments & Financial Services Ltd.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 3, 2026), Harel Insurance Investments & Financial Services Ltd. reported 426 stock positions worth $11.5 billion. Its top holding was Teva Pharmaceutical-SP ADR (TEVA) at 12.2% of the portfolio, followed by SS Health Care Select Sector (XLV, 5.7%) and Alphabet Class A (GOOGL, 4.3%). Compared with Q3 2025, it opened 26 new positions, sold out of 61, added to 159 and reduced 151. The biggest buy was Teva Pharmaceutical-SP ADR (TEVA, shares +19%) and the biggest sale SS Financial Select Sector (XLF, shares −100%).

Most Recent 13F
Q2 2026
Location
Ramat Gan, L3
CIK
0001429390
Portfolio Value
$11.5B (Q4 2025)
SEC Filing
0001178913-26-000282 ↗ filed Feb 3, 2026

Holdings Value

0$5.0B$10.0B$15.0B$20.0B$25.0B Q1 2024: $5.2B Q1 2024 Q2 2024: $5.3B Q2 2024 Q3 2024: $5.8B Q3 2024 Q4 2024: $6.1B Q4 2024 Q1 2025: $7.6B Q1 2025 Q2 2025: $8.7B Q2 2025 Q3 2025: $11.1B Q3 2025 Q4 2025: $11.5B $11.5B Q4 2025 Q1 2026: $14.7B Q1 2026 Q2 2026: $20.5B Q2 2026

Holdings 426 stocks · $11.5B

TEVA Teva Pharmaceutical-SP ADR 12.15% 44,951,773 $1.4B Add +19.3%
XLV SS Health Care Select Sector 5.66% 4,224,401 $653.9M Add +34.2%
GOOGL Alphabet Inc. Class A 4.28% 1,578,043 $493.9M Add +1.1%
NVMI Nova Ltd. 4.18% 1,468,863 $482.4M Add +2.8%
SMH Vaneck Semiconductor ETF 3.74% 1,198,897 $431.8M Add +158.7%
XLK SS Technology Select Sector 3.63% 2,908,013 $418.6M Reduce -32.4%
TSM Taiwan Semiconductor-SP ADR 3.18% 1,206,849 $366.7M Add +0.7%
NVDA Nvidia Corp. 2.86% 1,769,941 $330.1M Add +13.4%
CLIP Global X 1-3 Month T-Bill 2.61% 3,000,000 $301.0M New
AMZN Amazon.com Inc. 2.60% 1,298,444 $299.7M Add +0.1%
PAVE Global X US Infrastructure 2.59% 6,239,139 $299.1M Add +37.3%
XLY SS Consumer Disc Select Sect 2.57% 2,480,601 $296.2M Add +155.9%
MSFT Microsoft Corp. 2.38% 568,062 $274.7M Reduce -1.2%
TSEM Tower Semiconductor Ltd. 2.36% 2,318,130 $272.2M No change
XLU St Sr Utl SL SE SPDR ETF-Usd 2.30% 6,215,695 $265.3M Add +78.5%
VGT Vanguard Info Tech ETF 2.20% 336,862 $253.9M Reduce -54.5%
GRID First TRST Nasd Class Edg Sgiif 2.02% 1,527,000 $233.7M Add +47.3%
FCOM Fidelity MSCI Comm Serv Indx 1.90% 2,990,672 $219.2M Add +10.5%
IAI iShares U.S. Broker-Dealers 1.83% 1,178,736 $211.4M Add +84.2%
CAMT Camtek Ltd. 1.53% 1,665,236 $177.1M Add +56.9%
AVGO Broadcom Inc. 1.37% 456,410 $158.2M Reduce -1.0%
MDB Mongodb Inc. 1.29% 354,720 $148.9M Add +115.1%
SNOW Snowflake Inc. 1.26% 662,603 $145.3M Add +247.0%
DDOG Datadog Inc. Class A 1.24% 1,049,784 $142.8M Add +245.5%
GE General Electric filed as GE AEROSPACE 1.22% 458,526 $141.3M Add +8297.9%
HON Honeywell International Inc. 1.22% 721,851 $140.8M Add +83.9%
GS Goldman Sachs Group Inc. 1.21% 158,372 $139.2M Add +79885.9%
ENLT Enlight Renewable Energy Ltd. 1.07% 2,722,610 $123.8M No change
META Meta Platforms Inc. Class A 1.04% 181,970 $120.1M Add +6.8%
SHLD Global X Defense Tech ETF 1.04% 1,850,265 $120.1M Add +698113.2%
MISL First Trust Indxx Aero & Def 1.04% 2,800,000 $119.8M New
XLC SS Comm Select Sector SPDR 0.95% 933,568 $109.9M Add +0.0%
NICE Nice Ltd. - Spon ADR 0.86% 880,059 $99.5M Add +36.0%
IYC iShares US Consumer Discreti 0.84% 939,199 $96.9M Reduce -48.9%
AAPL Apple Inc. 0.84% 355,716 $96.7M Add +0.4%
ORA Ormat Technologies Inc. 0.83% 865,280 $95.6M No change
XME SS SPDR S&P Metals Mining 0.83% 921,500 $95.5M No change
SNPS Synopsys Inc. 0.82% 201,131 $94.5M Add +282.2%
GLBE Global-E Online Ltd. 0.69% 2,041,555 $80.3M Add +31.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.66% 1,393,205 $76.6M Add +2256.0%
EPI Wisdomtree India Earnings 0.65% 1,621,500 $75.1M No change
MGIC Magic Software Enterprises 0.62% 2,767,656 $71.3M Add +0.1%
COPX Global X Copper Miners ETF 0.49% 770,000 $56.2M New
JPM JPMorgan Chase & Co. 0.48% 173,319 $55.8M Add +1094.2%
ORCL Oracle Corp. 0.48% 283,211 $55.2M Add +1.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.44% 74,859 $51.1M Reduce -44.3%
ESLT Elbit Systems Ltd. 0.44% 88,075 $50.9M Add +709.3%
MRVL Marvell Technology Inc. 0.43% 578,965 $49.2M Reduce -14.7%
RSPD Invesco S&P 500 Equal Weight 0.41% 824,352 $47.0M Add +14.4%
ETOR Etoro Group Ltd. Class A 0.37% 1,227,898 $43.1M New
QQQ Invesco QQQ Trust Series 1 0.37% 68,947 $42.4M Reduce -5.5%
SOLAR EDGE TECHNOLOGIES (SEDG 2.25 07/01/29) 0.32% 31,200,000 $37.5M Add +160.0%
PERI Perion Network Ltd. 0.29% 3,478,513 $33.3M No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.28% 297,134 $32.7M No change
MBLY Mobileye Global Inc. Class A 0.26% 2,880,333 $30.1M No change
PANW Palo Alto Networks Inc. 0.25% 156,476 $28.8M Reduce -2.0%
FTEC Fidelity MSCI Info Tech Indx 0.20% 104,900 $23.6M No change
VEU Vanguard Ftse All-World Ex-U 0.20% 320,238 $23.5M No change
VOX Vanguard Communication Servi 0.17% 102,700 $19.9M No change
NYAX Nayax Ltd. 0.17% 380,000 $19.2M No change
BA The Boeing Co. 0.17% 88,509 $19.2M Add +11291.1%
RTX RTX Corp. 0.16% 99,604 $18.3M Reduce -72.3%
FDN First Trust DJ Internet Ind 0.13% 57,000 $15.3M No change
LMT Lockheed Martin Corp. 0.13% 31,222 $15.1M Reduce -13.3%
XLE SS Energy Select Sector 0.12% 307,160 $14.0M Reduce -93.0%
INMD Inmode Ltd. 0.11% 899,991 $13.2M No change
GOOG Alphabet Inc. Class C 0.11% 40,060 $12.6M Reduce -54.7%
ASHR Xtrackers Harvest Csi 300 CH 0.11% 380,613 $12.5M Reduce -22.6%
ADBE Adobe Inc. 0.11% 35,516 $12.4M Add +3.5%
GD General Dynamics Corp. 0.11% 36,365 $12.2M Reduce -11.6%
XLI SS Industrial Select Sector 0.10% 75,364 $11.7M Reduce -88.0%
HWM Howmet Aerospace Inc. 0.10% 54,129 $11.1M Reduce -13.3%
NOC Northrop Grumman Corp. 0.09% 19,213 $11.0M Reduce -76.5%
VOO Vanguard S&P 500 ETF 0.09% 17,263 $10.7M Reduce -23.7%
EWJ iShares MSCI Japan ETF 0.09% 128,526 $10.4M Add +0.1%
V Visa Inc. Class A 0.09% 29,528 $10.4M Reduce -81.2%
TDG Transdigm Group Inc. 0.09% 7,581 $10.1M Reduce -17.6%
VCR Vanguard Consumer Discre ETF 0.09% 25,300 $10.0M No change
VRSN Verisign Inc. 0.08% 38,311 $9.3M New
MELI MercadoLibre Inc. 0.08% 4,531 $9.1M Add +56.4%
MEDP Medpace Holdings Inc. 0.08% 15,880 $8.9M Add +38.0%
WMT Walmart Inc. 0.08% 78,587 $8.8M Add +23.2%
CHE Chemed Corp. 0.07% 20,009 $8.6M Add +113.5%
LOPE Grand Canyon Education Inc. 0.07% 50,036 $8.3M Add +53.5%
ZIM Zim Integrated Shipping Serv 0.07% 391,770 $8.3M Add +249.0%
MCK McKesson Corp. 0.07% 10,097 $8.3M Add +27.3%
COR Cencora Inc. 0.07% 24,468 $8.3M Add +44.7%
PCTY Paylocity Holding Corp. 0.07% 53,964 $8.2M Add +94.7%
RNG Ringcentral Inc. Class A 0.07% 280,323 $8.1M Add +60.0%
LYFT LYFT Inc. Class A 0.07% 411,345 $8.0M Add +11.0%
EME Emcor Group Inc. 0.07% 13,004 $8.0M Add +21.5%
KBWP Invesco KBW Property & Casua 0.07% 62,500 $8.0M Reduce -94.4%
NTNX Nutanix Inc. Class A 0.07% 152,128 $7.9M Add +61.0%
DOCS Doximity Inc. Class A 0.07% 173,621 $7.7M Add +108.5%
FEZ State Street SPDR Euro Stoxx 0.06% 115,170 $7.4M Add +2.0%
LHX L3HARRIS Technologies Inc. 0.06% 25,182 $7.4M Reduce -11.9%
XOM Exxon Mobil Corp. 0.05% 51,976 $6.3M Add +166.7%
PLTR Palantir Technologies Inc. Class A 0.05% 34,922 $6.2M Add +22.6%
AXON Axon Enterprise Inc. 0.05% 10,723 $6.1M Reduce -11.4%
FFIV F5 Inc. 0.05% 22,983 $5.9M Add +12.5%
IGV iShares Expanded Tech-Softwa 0.05% 54,695 $5.8M Reduce -92.4%
PINS Pinterest Inc. Class A 0.05% 218,773 $5.7M Add +2.9%
NYT New York Times Co. Class A 0.05% 80,260 $5.6M Reduce -15.3%
YUM Yum! Brands Inc. 0.05% 36,792 $5.6M Reduce -2.7%
RDVY First Trust Rising Dividend 0.05% 80,000 $5.6M No change
WIX Wix.com Ltd. 0.05% 52,837 $5.5M Add +216.4%
DOCU Docusign Inc. 0.05% 79,210 $5.4M Add +5.0%
DECK Deckers Outdoor Corp. 0.05% 51,739 $5.4M Reduce -8.2%
CVX Chevron Corp. 0.05% 35,115 $5.4M Add +313.9%
CBOE Cboe Global Markets Inc. 0.05% 21,256 $5.3M Add +147.3%
GDDY GoDaddy Inc. Class A 0.05% 42,880 $5.3M Add +3.5%
COST Costco Wholesale Corp. 0.05% 6,100 $5.3M Add +5.2%
NFLX Netflix Inc. 0.05% 55,606 $5.2M Add +26.6%
RMD Resmed Inc. 0.05% 21,639 $5.2M Reduce -26.8%
PEGA Pegasystems Inc. 0.04% 86,586 $5.2M Reduce -26.8%
TSLA Tesla Inc. 0.04% 11,456 $5.2M Reduce -2.2%
SLQD iShares 0-5 YR Inv GRD Corp. 0.04% 99,882 $5.1M Add +0.6%
RKLB Rocket Lab Corp. 0.04% 71,912 $5.0M Reduce -2.5%
ABNB Airbnb Inc. Class A 0.04% 33,074 $4.5M Add +387.5%
IVV iShares Core S&P 500 ETF 0.04% 6,113 $4.2M Add +1853.0%
HEDJ Wisdomtree Europe Hedged Equ 0.03% 62,330 $3.3M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 0.03% 6,457 $3.2M Reduce -31.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.03% 16,809 $3.2M No change
DXJ Wisdomtree Japan Hedged Eq 0.03% 21,943 $3.2M Reduce -0.1%
ACWI iShares MSCI Acwi ETF 0.03% 22,107 $3.1M Reduce -44.7%
LDOS Leidos Holdings Inc. 0.03% 17,212 $3.1M Reduce -12.2%
CRM Salesforce Inc. 0.03% 11,507 $3.0M Add +5.7%
RDDT Reddit Inc. Class A 0.03% 13,000 $3.0M No change
ADP Automatic Data Processing 0.02% 10,783 $2.8M Reduce -39.8%
CW Curtiss-Wright Corp. 0.02% 4,964 $2.7M Reduce -13.8%
SLV iShares Silver Trust 0.02% 38,500 $2.6M Add +2.7%
EXEL Exelixis Inc. 0.02% 58,128 $2.5M New
XLF SS Financial Select Sector 0.02% 45,049 $2.5M Reduce -99.6%
KRT Karat Packaging Inc. 0.02% 107,730 $2.4M Add +87.2%
DAX Global X Dax Germany ETF 0.02% 52,249 $2.4M No change
AMD Advanced Micro Devices 0.02% 10,690 $2.3M Reduce -92.0%
MU Micron Technology Inc. 0.02% 8,000 $2.3M Reduce -25.7%
COHR Coherent Corp. 0.02% 11,800 $2.2M No change
UBER Uber Technologies Inc. 0.02% 26,460 $2.2M Reduce -88.6%
ICLN iShares Global Clean Energy 0.02% 131,400 $2.2M Add +24.7%
SDG Ish MSCI Glob Sust Deve Goal 0.02% 25,489 $2.1M Add +35.8%
PBD Invesco Global Clean Energy 0.02% 132,832 $2.1M Add +23.4%
EVX Vaneck Environmental Service 0.02% 55,660 $2.1M Add +38.0%
TBLU Tortoise Global Water ETF 0.02% 40,976 $2.1M Add +40.8%
GTLB Gitlab Inc. Class A 0.02% 56,350 $2.1M Add +25.2%
ANET Arista Networks Inc. 0.02% 15,540 $2.0M Add +35.8%
LRCX Lam Research Corp. 0.02% 11,800 $2.0M Reduce -13.3%
QQQM Invesco Nasdaq 100 ETF 0.02% 7,800 $2.0M New
FIW First Trust Water ETF 0.02% 17,863 $1.9M Add +41.0%
HII Huntington Ingalls Industrie 0.02% 5,282 $1.8M Reduce -11.9%
ESTC Elastic NV 0.02% 23,500 $1.8M No change
KTOS Kratos Defense & Security 0.01% 22,730 $1.7M Reduce -11.9%
RSP Invesco S&P 500 Equal Weight 0.01% 8,949 $1.7M Reduce -71.7%
SSYS Stratasys Ltd. 0.01% 193,277 $1.7M No change
REGN Regeneron Pharmaceuticals 0.01% 2,136 $1.6M Add +8.3%
AVAV Aerovironment Inc. 0.01% 6,722 $1.6M Reduce -11.9%
INTU Intuit Inc. 0.01% 2,351 $1.6M Reduce -24.1%
DHR Danaher Corp. 0.01% 6,190 $1.4M Reduce -23.9%
SPMO Invesco S&P 500 Momentum ETF 0.01% 11,640 $1.4M Reduce -28.9%
ANF Abercrombie & Fitch Co. Class A 0.01% 10,400 $1.3M New
MSCI MSCI Inc. 0.01% 2,279 $1.3M Reduce -35.0%
PWR Quanta Services Inc. 0.01% 3,082 $1.3M Reduce -4.8%
BKNG Booking Holdings Inc. 0.01% 235 $1.3M Reduce -31.3%
DRS Leonardo DRS Inc. 0.01% 35,814 $1.2M Reduce -12.0%
SPGI S&P Global Inc. 0.01% 2,331 $1.2M Reduce -10.3%
HRL Hormel Foods Corp. 0.01% 49,500 $1.2M Add +44.0%
FSLR First Solar Inc. 0.01% 4,461 $1.2M Reduce -23.8%
C Citigroup Inc. 0.01% 9,923 $1.2M Reduce -24.3%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.01% 4,287 $1.1M Reduce -13.3%
NVS Novartis AG-Sponsored ADR 0.01% 8,042 $1.1M Add +22.9%
VRTX Vertex Pharmaceuticals Inc. 0.01% 2,436 $1.1M Add +18.4%
EW Edwards Lifesciences Corp. 0.01% 12,878 $1.1M Add +20.3%
ACN Accenture PLC Class A 0.01% 3,838 $1.0M Reduce -8.9%
UNH Unitedhealth Group Inc. 0.01% 3,120 $1.0M Reduce -33.4%
MOG.A Moog Inc. Class A 0.01% 4,181 $1.0M Reduce -13.8%
TMO Thermo Fisher Scientific Inc. 0.01% 1,708 $990K Reduce -13.3%
XLP SS Consumer Staples Sel Sect 0.01% 12,489 $965K Reduce -99.5%
TEAM Atlassian Corp. Class A 0.01% 5,900 $957K New
PSN Parsons Corp. 0.01% 14,335 $886K Reduce -12.2%
BLK BlackRock Inc. 0.01% 816 $873K Reduce -13.3%
MA Mastercard Inc. Class A 0.01% 1,472 $838K Reduce -98.7%
HXL Hexcel Corp. 0.01% 10,717 $792K Reduce -11.9%
BABA Alibaba Group Holding-SP ADR 0.01% 4,980 $730K Add +6.6%
ICE Intercontinental Exchange Inc. 0.01% 4,463 $723K Reduce -98.3%
XLB SS Materials Select Sector 0.01% 15,967 $719K Reduce -98.6%
XLRE SS Real Estate Select Sector 0.01% 17,412 $699K Reduce -98.9%
MRK Merck & Co. Inc. 0.01% 6,550 $689K Add +158.9%
FTNT Fortinet Inc. 0.01% 8,476 $671K Reduce -60.1%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.01% 10,000 $670K Reduce -88.3%
LLY Eli Lilly & Co. 0.01% 624 $667K Reduce -45.1%
FOUR SHIFT4 Payments Inc. Class A 0.01% 10,499 $661K Reduce -12.3%
GXO Gxo Logistics Inc. 0.01% 12,500 $658K Reduce -98.5%
CWAN Clearwater Analytics HDS-A 0.01% 27,199 $656K Reduce -1.0%
DELL Dell Technologies -C 0.01% 5,100 $642K Add +112.5%
DBEU Xtrackers MSCI Europe Hedged 0.01% 13,338 $640K No change
SCHI Schwab 5-10 Year Corporate B 0.01% 27,610 $634K Add +4.3%
KKR KKR & Co. Inc. 0.01% 4,750 $606K Add +955.6%
GM General Motors Co. 0.01% 7,401 $602K Add +957.3%
BSCQ Invesco Bulletshares 2026 CB 0.01% 30,755 $602K Add +5.1%
MNST Monster Beverage Corp. 0.01% 7,724 $592K New
MRCY Mercury Systems Inc. 0.01% 8,091 $591K Reduce -11.7%
ISRG Intuitive Surgical Inc. 0.00% 1,008 $571K New
INVZ Innoviz Technologies Ltd. 0.00% 667,260 $569K No change
HDB HDFC Bank Ltd.-ADR 0.00% 15,422 $564K Reduce -13.7%
VGK Vanguard Ftse Europe ETF 0.00% 6,732 $563K Reduce -41.6%
AIG American International Group 0.00% 6,500 $556K New
PPLT Abrdn Physical Platinum SHRS 0.00% 2,800 $546K No change
HLT Hilton Worldwide Holdings Inc. 0.00% 1,875 $539K Add +175.3%
AZO AutoZone Inc. 0.00% 158 $536K Add +464.3%
BND Vanguard Total Bond Market 0.00% 7,205 $534K Add +4.3%
MCFT Mastercraft Boat Holdings Inc. 0.00% 28,000 $529K Reduce -31.6%
CYBR Cyberark Software Ltd./Israel 0.00% 1,155 $515K No change
JNJ Johnson & Johnson 0.00% 2,487 $512K Reduce -62.2%
IHI iShares U.S. Medical Devices 0.00% 8,229 $511K Reduce -98.8%
NEE Nextera Energy Inc. 0.00% 6,174 $496K Add +0.4%
NOW ServiceNow Inc. 0.00% 3,253 $495K Reduce -98.1%
KO The Coca-Cola Co. 0.00% 6,947 $483K Reduce -22.7%
BSX Boston Scientific Corp. 0.00% 4,836 $461K Reduce -38.8%
ROP Roper Technologies Inc. 0.00% 1,022 $455K New
SPLV Invesco S&P 500 Low Volatili 0.00% 6,201 $443K Reduce -84.4%
AIR Aar Corp. 0.00% 5,326 $441K Reduce -3.1%
VST Vistra Corp. 0.00% 2,720 $439K Add +2490.5%
CPRT Copart Inc. 0.00% 10,707 $418K Reduce -1.2%
NOBL Proshares S&P 500 Dividend A 0.00% 3,897 $406K Reduce -17.0%
QLTY GMO U.S. Quality ETF 0.00% 10,500 $404K Reduce -25.0%
VPL Vanguard Ftse Pacific ETF 0.00% 4,461 $399K Reduce -99.8%
IPAC iShares Core MSCI Pacific Et 0.00% 5,434 $393K No change
MSI Motorola Solutions Inc. 0.00% 1,008 $384K Reduce -3.5%
CSCO Cisco Systems Inc. 0.00% 4,900 $377K Reduce -58.2%
KCE SS SPDR S&P Cap MKTS ETF 0.00% 2,500 $375K New
AXP American Express Co. 0.00% 1,014 $373K Reduce -8.7%
IBIT iShares Bitcoin Trust ETF 0.00% 7,504 $373K Add +133.6%
SOXX iShares Semiconductor ETF 0.00% 1,236 $370K No change
SPAB SS SPDR P Agg Bond ETF 0.00% 14,245 $367K Add +4.2%
XEL Xcel Energy Inc. 0.00% 4,938 $365K Add +702.9%
ABT Abbott Laboratories 0.00% 2,923 $364K Add +1.3%
T AT&T Inc. 0.00% 14,300 $355K Reduce -28.0%
VIS Vanguard Industrials ETF 0.00% 1,139 $340K No change
BRRR Coinshares Bitcoin ETF 0.00% 13,612 $337K Add +172.6%
ARKB ARK 21SHARES Bitcoin ETF 0.00% 11,573 $336K Add +172.7%
BITB Bitwise Bitcoin ETF 0.00% 7,072 $336K Add +172.8%
FBTC Fidelity Wise Origin Bitcoin 0.00% 4,409 $336K Add +172.8%
EZBC Franklin Bitcoin ETF 0.00% 6,645 $336K Add +172.8%
BTC Grayscale Bitcoin Mini ETF 0.00% 8,684 $336K Add +172.7%
BTCO Invsco GLXY BTCN ETF 0.00% 3,857 $336K Add +173.0%
HODL Vaneck Bitcoin ETF 0.00% 13,585 $336K Add +172.4%
BTCW Wisdomtree Bitcoin Fund 0.00% 3,629 $336K Add +172.9%
MO Altria Group Inc. 0.00% 5,786 $334K Reduce -27.6%
LSCC Lattice Semiconductor Corp. 0.00% 4,503 $331K Reduce -12.2%
BBEU JPMorgan Betabuilders Europe 0.00% 4,500 $330K No change
CRWV Coreweave Inc. Class A 0.00% 4,600 $329K New
VFLO Victoryshares Free Cash Flow 0.00% 8,000 $315K New
MOAT Vaneck Morningstar Wide Moat 0.00% 3,001 $311K No change
EXPE Expedia Group Inc. 0.00% 1,090 $309K Add +1059.6%
CP Canadian Pacific Kansas City 0.00% 4,006 $296K Reduce -12.2%
XYZ Block Inc. 0.00% 4,493 $292K Reduce -26.4%
JBHT Hunt (jb) Transprt SVCS Inc. 0.00% 1,488 $289K Reduce -10.7%
SEDG Solaredge Technologies Inc. 0.00% 10,003 $289K Reduce -98.0%
IEUR iShares Core MSCI Europe ETF 0.00% 4,066 $288K No change
TPL Texas Pacific Land Corp. 0.00% 975 $280K Add +25.0%
VEEV Veeva Systems Inc. Class A 0.00% 1,224 $273K Reduce -71.5%
ALB Albemarle Corp. 0.00% 1,890 $267K New
HIPO Hippo Holdings Inc. 0.00% 8,400 $253K Reduce -84.3%
COP Conocophillips 0.00% 2,704 $252K Reduce -0.4%
FANG Diamondback Energy Inc. 0.00% 1,658 $249K Reduce -9.7%
BRKR Bruker Corp. 0.00% 5,182 $244K New
EXC Exelon Corp. 0.00% 5,382 $235K Reduce -9.5%
GLOB Globant SA 0.00% 3,582 $234K Add +21.9%
VVX V2X Inc. 0.00% 4,195 $229K Reduce -13.4%
AGG iShares Core U.S. Aggregate 0.00% 2,278 $228K Add +3.1%
DFAT Dimensional US Target Value 0.00% 3,800 $226K No change
CDRE Cadre Holdings Inc. 0.00% 5,473 $224K Reduce -11.9%
FLY Firefly Aerospace Inc. 0.00% 10,000 $224K No change
SPSC SPS Commerce Inc. 0.00% 2,498 $223K Add +55.8%
EZU iShares MSCI Eurozone ETF 0.00% 3,396 $218K Add +558.1%
PLD Prologis Inc. 0.00% 1,692 $215K Reduce -0.2%
IDXX Idexx Laboratories Inc. 0.00% 304 $204K Reduce -44.3%
FLIN Franklin Ftse India ETF 0.00% 5,200 $201K No change
CHTR Charter Communications Inc. Class A 0.00% 901 $188K Reduce -9.1%
CAH Cardinal Health Inc. 0.00% 900 $185K No change
CSGP Costar Group Inc. 0.00% 2,755 $185K Add +27.4%
ABBV Abbvie Inc. 0.00% 800 $183K New
LULU Lululemon Athletica Inc. 0.00% 847 $175K Reduce -94.0%
ENPH Enphase Energy Inc. 0.00% 5,410 $173K Add +236.0%
LNTH Lantheus Holdings Inc. 0.00% 2,579 $172K New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.00% 10,000 $167K New
AMGN Amgen Inc. 0.00% 500 $164K New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.00% 1,400 $163K Reduce -46.4%
IXJ iShares Global Healthcare Et 0.00% 1,667 $162K No change
ADSK Autodesk Inc. 0.00% 546 $160K No change
RCL Royal Caribbean Cruises Ltd. 0.00% 555 $155K No change
RIVN Rivian Automotive Inc. Class A 0.00% 7,768 $153K Reduce -10.0%
APP AppLovin Corp. Class A 0.00% 225 $152K Reduce -24.0%
WELL Welltower Inc. 0.00% 800 $148K No change
RGTI Rigetti Computing Inc. 0.00% 6,550 $145K Add +21.3%
APH Amphenol Corp. Class A 0.00% 1,053 $142K Add +21.0%
CME Cme Group Inc. 0.00% 500 $137K No change
HCA HCA Healthcare Inc. 0.00% 291 $136K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 1,158 $131K Reduce -1.0%
INTC Intel Corp. 0.00% 3,529 $130K Reduce -91.4%
AMAT Applied Materials Inc. 0.00% 500 $128K Add +114.6%
FDS Factset Research Systems Inc. 0.00% 430 $124K Reduce -2.9%
DVY iShares Select Dividend ETF 0.00% 868 $123K Add +16.0%
BBCA JPMorgan Betabuilders Canada 0.00% 1,300 $121K No change
CEG Constellation Energy 0.00% 341 $120K Add +4.9%
OXY Occidental Petroleum Corp. 0.00% 2,882 $118K Reduce -0.1%
FLJP Franklin Ftse Japan ETF 0.00% 3,400 $117K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.00% 731 $112K Reduce -85.9%
IDMO Invesco S&P International DE 0.00% 2,000 $111K No change
AZN Astrazeneca PLC-Spons ADR 0.00% 1,166 $107K Reduce -10.0%
SO The Southern Co. 0.00% 1,201 $105K Add +5.1%
IJH iShares Core S&P Midcap ETF 0.00% 1,527 $100K Reduce -5.7%
DUK Duke Energy Corp. 0.00% 848 $99K Add +5.0%
JCI Johnson Controls Internation 0.00% 804 $96K Reduce -6.5%
IYM iShares U.S. Basic Materials 0.00% 598 $92K No change
EEM iShares MSCI Emerging Market 0.00% 1,661 $91K Add +27.6%
AMT American Tower Corp. 0.00% 511 $90K Add +4.9%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.00% 1,100 $89K No change
INDA iShares MSCI India ETF 0.00% 1,575 $85K No change
STZ Constellation Brands Inc. Class A 0.00% 612 $84K Reduce -10.0%
EFA iShares MSCI Eafe ETF 0.00% 883 $84K No change
CMG Chipotle Mexican Grill Inc. 0.00% 2,140 $79K Add +9.6%
MCD McDonald's Corp. 0.00% 237 $72K Reduce -29.7%
CQQQ Invesco China Technology ETF 0.00% 1,340 $70K No change
AAXJ iShares MSCI All Country Asi 0.00% 752 $70K Add +6.5%
HACK Amplify Cybersecurity ETF 0.00% 850 $68K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.00% 142 $68K No change
AEP American Electric Power 0.00% 583 $67K Reduce -89.3%
AIA iShares Asia 50 ETF 0.00% 685 $67K Reduce -5.0%
CCL Carnival Corp. 0.00% 2,065 $63K Reduce -0.3%
SRE Sempra 0.00% 712 $63K Add +5.0%
D Dominion Energy Inc. 0.00% 932 $55K Add +5.1%
FDX FedEx Corp. 0.00% 188 $55K No change
MS Morgan Stanley 0.00% 311 $55K No change
CARR Carrier Global Corp. 0.00% 1,029 $54K Add +3.5%
LAES Sealsq Corp. 0.00% 14,000 $53K New
KBWB Invesco KBW Bank ETF 0.00% 620 $52K Reduce -100.0%
IPAY Amplify Digital Payments ETF 0.00% 975 $51K Reduce -14.1%
BCS Barclays PLC-Spons ADR 0.00% 2,000 $51K No change
VPU Vanguard Utilities ETF 0.00% 273 $51K No change
ALL Allstate Corp. 0.00% 224 $47K No change
BN Brookfield Corp. 0.00% 1,035 $47K No change
HGV Hilton Grand Vacations Inc. 0.00% 1,047 $47K Reduce -0.2%
ASLE Aersale Corp. 0.00% 6,352 $45K Reduce -11.9%
ETR Entergy Corp. 0.00% 487 $45K Add +5.0%
SKYY First Trust Cloud Computing 0.00% 337 $44K Reduce -29.9%
VDC Vanguard Consumer Staple ETF 0.00% 208 $44K No change
CCI Crown Castle Inc. 0.00% 475 $42K Add +4.9%
VMC Vulcan Materials Co. 0.00% 146 $42K Add +6.6%
MLM Martin Marietta Materials 0.00% 66 $41K Add +6.5%
ORLY O'reilly Automotive Inc. 0.00% 439 $40K Reduce -95.5%
ED Consolidated Edison Inc. 0.00% 394 $39K Add +5.1%
PCG P G & E Corp. 0.00% 2,397 $39K Add +5.0%
ODYS Odysight.ai Inc. 0.00% 12,100 $39K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.00% 652 $38K Reduce -59.3%
FIX Comfort Systems USA Inc. 0.00% 40 $37K Reduce -99.7%
MAR Marriott International Class A 0.00% 120 $37K Reduce -11.8%
WEC WEC Energy Group Inc. 0.00% 355 $37K Add +6.0%
F Ford Motor Co. filed as FORD MTR CO 0.00% 2,692 $35K No change
DAL Delta Air Lines Inc. 0.00% 489 $34K Reduce -99.9%
NIO Nio Inc. - ADR 0.00% 6,673 $34K No change
NRG NRG Energy Inc. 0.00% 209 $33K Reduce -89.6%
ATO Atmos Energy Corp. 0.00% 177 $30K Add +6.0%
AEE Ameren Corporation 0.00% 295 $29K Add +5.0%
DTE DTE Energy Company 0.00% 227 $29K Add +5.1%
PYPL PayPal Holdings Inc. 0.00% 500 $29K No change
AWK American Water Works Co. Inc. 0.00% 213 $28K Add +4.9%
ES Eversource Energy 0.00% 410 $28K Add +6.2%
CIBR First Trust Nasdaq Cybersecu 0.00% 390 $28K Reduce -65.2%
FE Firstenergy Corp. 0.00% 630 $28K Add +5.0%
PPL PPL Corp. 0.00% 807 $28K Add +5.1%
CNP Centerpoint Energy Inc. 0.00% 712 $27K Add +5.0%
IVW iShares S&P 500 Growth ETF 0.00% 220 $27K No change
HD Home Depot Inc. 0.00% 75 $26K No change
EIX Edison International 0.00% 420 $25K Add +5.0%
CVS CVS Health Corp. 0.00% 300 $24K Reduce -96.1%
CMS CMS Energy Corp. 0.00% 332 $23K Add +6.8%
CAT Caterpillar Inc. 0.00% 41 $23K Reduce -92.5%
SBAC SBA Communications Corp. 0.00% 117 $23K Add +5.4%
NI Nisource Inc. 0.00% 521 $22K Add +6.5%
BAH Booz Allen Hamilton Holdings 0.00% 250 $21K No change
FNV Franco-Nevada Corp. 0.00% 100 $21K No change
ESPO Vaneck Videogaming Esports 0.00% 206 $21K No change
CAPR Capricor Therapeutics Inc. 0.00% 689 $20K No change
LII Lennox International Inc. 0.00% 39 $19K Add +8.3%
TLN Talen Energy Corp. 0.00% 51 $19K Add +10.9%
LNT Alliant Energy Corp. 0.00% 281 $18K Add +5.2%
EQIX Equinix Inc. 0.00% 23 $18K No change
EVRG Evergy Inc. 0.00% 252 $18K Add +5.0%
USIG iShares Broad Usd Investment 0.00% 360 $18K No change
APG Api Group Corp. 0.00% 454 $17K New
J Jacobs Solutions Inc. 0.00% 130 $17K New
TTE Totalenergies SE -Spon ADR 0.00% 259 $17K No change
BIB Proshares Ultra Nasd Biotech 0.00% 198 $16K No change
CSL Carlisle Cos Inc. 0.00% 47 $15K Add +6.8%
ACM Aecom 0.00% 144 $14K Add +5.1%
APO Apollo Global Management Inc. 0.00% 100 $14K No change
CMCSA Comcast Corp. Class A 0.00% 468 $14K No change
MAS Masco Corp. 0.00% 227 $14K Add +4.1%
ARCC Ares Capital Corp. 0.00% 610 $12K No change
CAR Avis Budget Group Inc. 0.00% 94 $12K No change
BLDR Builders Firstsource Inc. 0.00% 121 $12K Add +6.1%
CDNS Cadence Design SYS Inc. 0.00% 37 $12K No change
PNW Pinnacle West Capital 0.00% 132 $12K Add +6.5%
DNL Wisdmtree GB Ex-US QL GR-Usd 0.00% 290 $12K No change
TEAD Teads Holding Co. 0.00% 12,900 $10K No change
JD Jd.com Inc.-ADR 0.00% 292 $8K No change
NCLH Norwegian Cruise Line Holdin 0.00% 358 $8K Reduce -0.3%
LBTYK Liberty Global Ltd. Class C 0.00% 600 $7K No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.00% 215 $6K No change
H Hyatt Hotels Corp. Class A 0.00% 32 $5K Reduce -5.9%
TNL Travel + Leisure Co. 0.00% 50 $4K Reduce -3.9%
VHT Vanguard Health Care ETF 0.00% 15 $4K Reduce -100.0%
WH Wyndham Hotels & Resorts Inc. 0.00% 59 $4K Reduce -3.3%
CNC Centene Corp. 0.00% 50 $2K No change
CHH Choice Hotels Intl Inc. 0.00% 16 $2K Reduce -5.9%
GBTG Global Business Travel Group 0.00% 88 $1K No change
VAC Marriott Vacations World 0.00% 21 $1K Reduce -4.5%
STKH Steakholder Foods Ltd. 0.00% 351 $1K No change
LILA Liberty Latin Americ Class A 0.00% 200 $1K No change
BUG Global X Cybersecurity ETF 0.00% 1 $0 No change
PEJ Invesco Leisure & Entertainm 0.00% 1 $0 No change
IWM iShares Russell 2000 ETF 0.00% 1 $0 Reduce -99.5%
LIND Lindblad Expeditions Holding 0.00% 30 $0 No change
SABR Sabre Corp. 0.00% 310 $0 Reduce -1.0%
LILAK Liberty Latin Americ Class C 0.00% 53 $0 No change

Options reported separately and not counted above: TBLAW calls ($0).

Other holdings (7): bonds, preferreds, convertibles and warrants · $501K (not counted above)
SecurityClassShares / PrincipalValueChange
SPSB SS SPDR P St C Corp. ETF ST SHOR CORP ETF · principal 9,875$298KNo change
CEF Sprott Physical Gold and Sil PHYSICAL GOLD AN · principal 1,800$82KNo change
SPIB SS SPDR P Int C Corp. ETF ST INTER BD ETF · principal 1,621$55KNo change
IGIB iShares 5-10Y Inv Grade Corp. ISHS 5-10YR INVT · principal 547$29KNew
VCIT Vanguard Int-Term Corporate INT-TERM CORP · principal 324$27KNo change
GLD SPDR Gold Shares GOLD SHS · principal 24$10KNo change
NBFC Neuberger Flexible Credit Inc. FLEXIBLE CREDIT · principal 1$0No change

Total filed on the 13F, all lines: $11.5B.

Portfolio Sells Q3 2025 → Q4 2025

XLF SS Financial Select Sector Reduce -99.6% 0.02% −5.50
KBWB Invesco KBW Bank ETF Reduce -100.0% 0.00% −2.94
VGT Vanguard Info Tech ETF Reduce -54.5% 2.20% −2.76
VPL Vanguard Ftse Pacific ETF Reduce -99.8% 0.00% −2.04
XLP SS Consumer Staples Sel Sect Reduce -99.5% 0.01% −1.97
XLK SS Technology Select Sector Reduce -32.4% 3.63% −1.82
VHT Vanguard Health Care ETF Reduce -100.0% 0.00% −1.77
XLE SS Energy Select Sector Reduce -93.0% 0.12% −1.63
KBWP Invesco KBW Property & Casua Reduce -94.4% 0.07% −1.17
IYC iShares US Consumer Discreti Reduce -48.9% 0.84% −0.89
XLI SS Industrial Select Sector Reduce -88.0% 0.10% −0.77
IGV iShares Expanded Tech-Softwa Reduce -92.4% 0.05% −0.69
XLRE SS Real Estate Select Sector Reduce -98.9% 0.01% −0.61
MA Mastercard Inc. Class A Reduce -98.7% 0.01% −0.56
XLB SS Materials Select Sector Reduce -98.6% 0.01% −0.44
V Visa Inc. Class A Reduce -81.2% 0.09% −0.39
ICE Intercontinental Exchange Inc. Reduce -98.3% 0.01% −0.38
RTX RTX Corp. Reduce -72.3% 0.16% −0.38
GXO Gxo Logistics Inc. Reduce -98.5% 0.01% −0.38
IHI iShares U.S. Medical Devices Reduce -98.8% 0.00% −0.37
SPY SS SPDR S&P 500 ETF Trust-US Reduce -44.3% 0.44% −0.36
NOC Northrop Grumman Corp. Reduce -76.5% 0.09% −0.35
FIS Fidelity National Info Serv Sold out 0.00% −0.30
MSFT Microsoft Corp. Reduce -1.2% 2.38% −0.30
UAL United Airlines Holdings Inc. Sold out 0.00% −0.28
NOW ServiceNow Inc. Reduce -98.1% 0.00% −0.27
DAL Delta Air Lines Inc. Reduce -99.9% 0.00% −0.20
UBER Uber Technologies Inc. Reduce -88.6% 0.02% −0.19
AMD Advanced Micro Devices Reduce -92.0% 0.02% −0.18
SEDG Solaredge Technologies Inc. Reduce -98.0% 0.00% −0.16
FIX Comfort Systems USA Inc. Reduce -99.7% 0.00% −0.09
MRVL Marvell Technology Inc. Reduce -14.7% 0.43% −0.09
GOOG Alphabet Inc. Class C Reduce -54.7% 0.11% −0.08
P Everpure Inc. Class A Reduce -88.3% 0.01% −0.06
ICL Icl Group Ltd. Sold out 0.00% −0.06
PANW Palo Alto Networks Inc. Reduce -2.0% 0.25% −0.04
RSP Invesco S&P 500 Equal Weight Reduce -71.7% 0.01% −0.04
ASHR Xtrackers Harvest Csi 300 CH Reduce -22.6% 0.11% −0.04
VOO Vanguard S&P 500 ETF Reduce -23.7% 0.09% −0.03
LMT Lockheed Martin Corp. Reduce -13.3% 0.13% −0.03
RMD Resmed Inc. Reduce -26.8% 0.05% −0.03
QQQ Invesco QQQ Trust Series 1 Reduce -5.5% 0.37% −0.03
AXON Axon Enterprise Inc. Reduce -11.4% 0.05% −0.03
ITRN Ituran Location and Control Sold out 0.00% −0.02
ADP Automatic Data Processing Reduce -39.8% 0.02% −0.02
ACWI iShares MSCI Acwi ETF Reduce -44.7% 0.03% −0.02
SPLV Invesco S&P 500 Low Volatili Reduce -84.4% 0.00% −0.02
PATK Patrick Industries Inc. Sold out 0.00% −0.02
TDG Transdigm Group Inc. Reduce -17.6% 0.09% −0.02
LULU Lululemon Athletica Inc. Reduce -94.0% 0.00% −0.02

Portfolio Buys Q3 2025 → Q4 2025

TEVA Teva Pharmaceutical-SP ADR Add +19.3% 12.15% +5.31
CLIP Global X 1-3 Month T-Bill New 2.61% +2.61
SMH Vaneck Semiconductor ETF Add +158.7% 3.74% +2.38
XLV SS Health Care Select Sector Add +34.2% 5.66% +1.73
XLY SS Consumer Disc Select Sect Add +155.9% 2.57% +1.52
GE General Electric Add +8297.9% 1.22% +1.21
GS Goldman Sachs Group Inc. Add +79885.9% 1.21% +1.20
SHLD Global X Defense Tech ETF Add +698113.2% 1.04% +1.04
MISL First Trust Indxx Aero & Def New 1.04% +1.04
XLU St Sr Utl SL SE SPDR ETF-Usd Add +78.5% 2.30% +0.93
SNOW Snowflake Inc. Add +247.0% 1.26% +0.87
GOOGL Alphabet Inc. Class A Add +1.1% 4.28% +0.87
DDOG Datadog Inc. Class A Add +245.5% 1.24% +0.85
MDB Mongodb Inc. Add +115.1% 1.29% +0.83
IAI iShares U.S. Broker-Dealers Add +84.2% 1.83% +0.81
PAVE Global X US Infrastructure Add +37.3% 2.59% +0.65
BAC Bank of America Corp. Add +2256.0% 0.66% +0.64
GRID First TRST Nasd Class Edg Sgiif Add +47.3% 2.02% +0.62
SNPS Synopsys Inc. Add +282.2% 0.82% +0.58
CAMT Camtek Ltd. Add +56.9% 1.53% +0.53
COPX Global X Copper Miners ETF New 0.49% +0.49
HON Honeywell International Inc. Add +83.9% 1.22% +0.48
JPM JPMorgan Chase & Co. Add +1094.2% 0.48% +0.44
ESLT Elbit Systems Ltd. Add +709.3% 0.44% +0.39
ETOR Etoro Group Ltd. Class A New 0.37% +0.37
NVDA Nvidia Corp. Add +13.4% 2.86% +0.24
GLBE Global-E Online Ltd. Add +31.7% 0.69% +0.20
SOLAR EDGE TECHNOLOGIES (SEDG 2.25 07/01/29) Add +160.0% 0.32% +0.18
FCOM Fidelity MSCI Comm Serv Indx Add +10.5% 1.90% +0.17
BA The Boeing Co. Add +11291.1% 0.17% +0.16
TSM Taiwan Semiconductor-SP ADR Add +0.7% 3.18% +0.16
MGIC Magic Software Enterprises Add +0.1% 0.62% +0.11
VRSN Verisign Inc. New 0.08% +0.08
NVMI Nova Ltd. Add +2.8% 4.18% +0.07
ZIM Zim Integrated Shipping Serv Add +249.0% 0.07% +0.06
AMZN Amazon.com Inc. Add +0.1% 2.60% +0.04
CHE Chemed Corp. Add +113.5% 0.07% +0.04
CVX Chevron Corp. Add +313.9% 0.05% +0.03
XOM Exxon Mobil Corp. Add +166.7% 0.05% +0.03
IVV iShares Core S&P 500 ETF Add +1853.0% 0.04% +0.03
RSPD Invesco S&P 500 Equal Weight Add +14.4% 0.41% +0.03
PCTY Paylocity Holding Corp. Add +94.7% 0.07% +0.03
ABNB Airbnb Inc. Class A Add +387.5% 0.04% +0.03
CBOE Cboe Global Markets Inc. Add +147.3% 0.05% +0.03
AAPL Apple Inc. Add +0.4% 0.84% +0.03
RNG Ringcentral Inc. Class A Add +60.0% 0.07% +0.03
COR Cencora Inc. Add +44.7% 0.07% +0.02
MEDP Medpace Holdings Inc. Add +38.0% 0.08% +0.02
EXEL Exelixis Inc. New 0.02% +0.02
WIX Wix.com Ltd. Add +216.4% 0.05% +0.02

Options Activity Q3 2025 → Q4 2025

TBLAW Taboola.com Ltd. -CW27 call New 42 $0

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q3 2025 → Q4 2025

IGIB iShares 5-10Y Inv Grade Corp. ISHS 5-10YR INVT · principal New 547 $29K
TBLAW Taboola.com Ltd. -CW27 *W EXP 99/99/999 Sold out 42 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 530$20.5BTEVA, NVMI, GOOGL, NVDA, AAPL
Q1 2026 501$14.7BTEVA, NVMI, GOOGL, NVDA, AAPL
Q4 2025 426$11.5BTEVA, XLV, GOOGL, NVMI, SMH
Q3 2025 461$11.1BTEVA, XLF, XLK, VGT, NVMI
Q2 2025 429$8.7BXLF, TEVA, XLK, VGT, NVMI
Q1 2025 471$7.6BXLF, XLK, XLV, VGT, TEVA
Q4 2024 464$6.1BXLF, VGT, XLV, XLK, PAVE
Q3 2024 484$5.8BXLF, XLV, XLU, PAVE, NVMI
Q2 2024 540$5.3BXLV, XLF, XLU, NVMI, PAVE
Q1 2024 532$5.2BXLV, XLF, PAVE, XLP, XLU