KBC Group NV
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed January 20, 2026), KBC Group NV reported 1,727 stock positions worth $41.7 billion. Its top holding was Nvidia (NVDA) at 7.4% of the portfolio, followed by Microsoft (MSFT, 6.8%) and Alphabet Class C (GOOG, 5.2%). Compared with Q2 2025, it opened 36 new positions, sold out of 21, added to 491 and reduced 262. The biggest buy was Alphabet Class C (GOOG, shares +3%) and the biggest sale Intl Business Machines (IBM, shares −39%).
- Most Recent 13F
- Q2 2026
- Location
- Brussels, C9
- CIK
- 0001411133
- Portfolio Value
- $41.7B (Q3 2025)
- SEC Filing
- 0001193125-26-016034 ↗ filed Jan 20, 2026
Holdings Value
Holdings 1,727 stocks · $41.7B
| NVDA Nvidia Corp. | 7.39% | 16,517,902 | $3.1B | Reduce -1.4% |
| MSFT Microsoft Corp. | 6.79% | 5,469,082 | $2.8B | Add +4.9% |
| GOOG Alphabet Inc. Class C | 5.19% | 8,891,171 | $2.2B | Add +2.9% |
| AAPL Apple Inc. | 4.17% | 6,830,482 | $1.7B | Add +6.2% |
| AMZN Amazon.com Inc. | 3.81% | 7,239,988 | $1.6B | Add +13.6% |
| AVGO Broadcom Inc. | 3.22% | 4,075,563 | $1.3B | Add +3.0% |
| META Meta Platforms Inc. Class A | 2.95% | 1,674,154 | $1.2B | Add +18.8% |
| JPM JPMorgan Chase & Co. | 2.01% | 2,661,332 | $839.5M | Add +3.7% |
| NFLX Netflix Inc. | 1.45% | 505,172 | $605.7M | Add +3.6% |
| TSLA Tesla Inc. | 1.45% | 1,359,679 | $604.7M | Add +1.8% |
| LLY Eli Lilly & Co. | 1.27% | 691,890 | $527.9M | Add +13.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.14% | 9,223,721 | $475.9M | Reduce -5.4% |
| V Visa Inc. Class A | 1.09% | 1,325,782 | $452.6M | Reduce -0.8% |
| ORCL Oracle Corp. | 0.95% | 1,404,395 | $395.0M | Add +43.9% |
| GOOGL Alphabet Inc. Class A | 0.93% | 1,586,845 | $385.8M | Reduce -4.9% |
| C Citigroup Inc. | 0.90% | 3,711,908 | $376.8M | Add +63.3% |
| JNJ Johnson & Johnson | 0.84% | 1,886,111 | $349.7M | Add +93.5% |
| GILD Gilead Sciences Inc. | 0.79% | 2,960,967 | $328.7M | Add +26.4% |
| LIN Linde PLC | 0.74% | 646,280 | $307.0M | Add +2.8% |
| BSX Boston Scientific Corp. | 0.69% | 2,959,617 | $288.9M | Add +11.2% |
| MS Morgan Stanley | 0.68% | 1,776,082 | $282.3M | Reduce -1.3% |
| UBER Uber Technologies Inc. | 0.66% | 2,792,345 | $273.6M | Add +220.9% |
| ABBV Abbvie Inc. | 0.63% | 1,129,511 | $261.5M | Add +2.0% |
| CRM Salesforce Inc. | 0.62% | 1,085,021 | $257.1M | Add +4.1% |
| MA Mastercard Inc. Class A | 0.62% | 451,738 | $257.0M | Add +32.1% |
| TMUS T-Mobile US Inc. | 0.57% | 1,000,996 | $239.6M | Add +301.1% |
| GS Goldman Sachs Group Inc. | 0.55% | 286,492 | $228.1M | Add +35.5% |
| VZ Verizon Communications Inc. | 0.54% | 5,148,333 | $226.3M | Add +4.7% |
| COF Capital One Financial Corp. | 0.54% | 1,061,997 | $225.8M | Reduce -25.9% |
| PFE Pfizer Inc. | 0.52% | 8,487,287 | $216.3M | Add +148.1% |
| ANET Arista Networks Inc. | 0.49% | 1,414,491 | $206.1M | Add +15.5% |
| ECL Ecolab Inc. | 0.48% | 735,847 | $201.5M | Reduce -0.7% |
| MELI MercadoLibre Inc. | 0.47% | 83,482 | $195.1M | Add +44.9% |
| QCOM Qualcomm Inc. | 0.47% | 1,171,311 | $194.9M | Reduce -21.5% |
| UNH Unitedhealth Group Inc. | 0.46% | 560,334 | $193.5M | Reduce -14.0% |
| LRCX Lam Research Corp. | 0.46% | 1,418,627 | $190.0M | Add +67.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.45% | 668,932 | $188.7M | Reduce -38.6% |
| BMY Bristol-Myers Squibb Co. | 0.44% | 4,069,911 | $183.6M | Add +1.3% |
| ISRG Intuitive Surgical Inc. | 0.43% | 401,896 | $179.7M | Add +6.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.43% | 363,547 | $178.3M | Add +101.0% |
| HCA HCA Healthcare Inc. | 0.42% | 413,908 | $176.4M | Reduce -6.2% |
| NET Cloudflare Inc. Class A | 0.42% | 819,766 | $175.9M | Add +11.4% |
| SPG Simon Property Group Inc. | 0.42% | 933,465 | $175.2M | Reduce -1.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.42% | 1,522,144 | $174.3M | Reduce -6.6% |
| WELL Welltower Inc. | 0.41% | 966,478 | $172.2M | Add +13.8% |
| PG The Procter & Gamble Co. | 0.40% | 1,079,524 | $165.9M | Add +40.5% |
| T AT&T Inc. | 0.39% | 5,773,214 | $163.0M | Add +188.1% |
| CAH Cardinal Health Inc. | 0.38% | 1,016,332 | $159.5M | Add +0.2% |
| AXP American Express Co. | 0.38% | 471,055 | $156.5M | Add +0.1% |
| FOXA Fox Corp. Class A | 0.37% | 2,466,780 | $155.6M | Reduce -0.6% |
| PGR Progressive Corp. | 0.36% | 615,522 | $152.0M | Reduce -8.7% |
| STX Seagate Technology Holdings | 0.35% | 625,973 | $147.8M | Add +862.3% |
| CTAS Cintas Corp. | 0.35% | 716,557 | $147.1M | Add +21.4% |
| NOW ServiceNow Inc. | 0.35% | 159,247 | $146.6M | Add +0.1% |
| COST Costco Wholesale Corp. | 0.35% | 156,587 | $144.9M | Add +30.9% |
| ADBE Adobe Inc. | 0.35% | 408,773 | $144.2M | Reduce -2.9% |
| IBKR Interactive Brokers Gro Class A | 0.34% | 2,033,620 | $139.9M | Add +89.0% |
| CSCO Cisco Systems Inc. | 0.34% | 2,044,701 | $139.9M | Add +13.5% |
| AMGN Amgen Inc. | 0.33% | 485,422 | $137.0M | Add +70.2% |
| ABT Abbott Laboratories | 0.33% | 1,021,012 | $136.8M | Add +7.9% |
| BKNG Booking Holdings Inc. | 0.33% | 25,225 | $136.2M | Add +1.5% |
| AMAT Applied Materials Inc. | 0.33% | 664,392 | $136.0M | Reduce -22.0% |
| APH Amphenol Corp. Class A | 0.32% | 1,094,095 | $135.4M | Add +103.3% |
| CRH CRH PLC | 0.32% | 1,127,545 | $135.2M | Add +15.5% |
| HD Home Depot Inc. | 0.32% | 326,489 | $132.3M | Add +27.3% |
| CNM Core & Main Inc. Class A | 0.30% | 2,346,658 | $126.3M | Add +16.0% |
| WMS Advanced Drainage Systems Inc. | 0.30% | 910,092 | $126.2M | Add +3.4% |
| WFC Wells Fargo & Co. | 0.30% | 1,489,690 | $124.9M | Add +3.0% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.30% | 273,352 | $124.6M | Add +41.2% |
| CVNA Carvana Co. | 0.29% | 321,874 | $121.4M | Reduce -0.6% |
| AER Aercap Holdings NV | 0.29% | 1,001,033 | $121.1M | Add +12.2% |
| SYK Stryker Corp. | 0.28% | 321,346 | $118.8M | Reduce -0.2% |
| AMD Advanced Micro Devices | 0.28% | 723,880 | $117.1M | Add +66.1% |
| PLTR Palantir Technologies Inc. Class A | 0.28% | 641,181 | $117.0M | Add +58.0% |
| MET Metlife Inc. | 0.28% | 1,402,703 | $115.5M | Add +3.0% |
| CI The Cigna Group | 0.28% | 398,056 | $114.7M | Reduce -25.3% |
| PNR Pentair PLC | 0.28% | 1,035,856 | $114.7M | Reduce -5.1% |
| TMO Thermo Fisher Scientific Inc. | 0.27% | 231,376 | $112.2M | Reduce -1.1% |
| IDXX Idexx Laboratories Inc. | 0.27% | 174,887 | $111.7M | Add +104.2% |
| INTU Intuit Inc. | 0.27% | 162,496 | $111.0M | Add +111.8% |
| MCK McKesson Corp. | 0.27% | 143,318 | $110.7M | Add +23.1% |
| SCHW Schwab (charles) Corp. | 0.26% | 1,150,205 | $109.8M | Add +2.1% |
| TWLO Twilio Inc. Class A | 0.26% | 1,096,457 | $109.7M | Add +3.3% |
| SPOT Spotify Technology SA | 0.26% | 156,806 | $109.5M | Add +10.5% |
| MU Micron Technology Inc. | 0.26% | 641,505 | $107.3M | Add +79.3% |
| CMCSA Comcast Corp. Class A | 0.25% | 3,340,614 | $105.0M | Reduce -45.3% |
| RBLX Roblox Corp. Class A | 0.25% | 751,221 | $104.1M | Add +14.5% |
| SPGI S&P Global Inc. | 0.25% | 212,563 | $103.5M | Reduce -32.7% |
| EQIX Equinix Inc. | 0.24% | 126,714 | $99.2M | Reduce -1.0% |
| COR Cencora Inc. | 0.24% | 317,142 | $99.1M | Reduce -0.3% |
| HOOD Robinhood Markets Inc. Class A | 0.24% | 687,187 | $98.4M | Reduce -4.4% |
| MRK Merck & Co. Inc. | 0.24% | 1,170,529 | $98.2M | Reduce -52.8% |
| WMT Walmart Inc. | 0.23% | 920,872 | $94.9M | Reduce -6.0% |
| VRSN Verisign Inc. | 0.23% | 337,407 | $94.3M | Reduce -4.3% |
| SNPS Synopsys Inc. | 0.22% | 186,697 | $92.1M | Add +18.2% |
| EME Emcor Group Inc. | 0.22% | 141,133 | $91.7M | Add +7.3% |
| GEN Gen Digital Inc. | 0.21% | 3,150,901 | $89.5M | Reduce -9.7% |
| SSNC Ss&c Technologies Holdings | 0.21% | 1,001,073 | $88.9M | Reduce -10.9% |
| IQV Iqvia Holdings Inc. | 0.21% | 463,245 | $88.0M | Add +1.1% |
| VLTO Veralto Corp. | 0.21% | 810,756 | $86.4M | Add +1.2% |
Portfolio Sells Q2 2025 → Q3 2025
| IBM Intl Business Machines Corp. | Reduce -38.6% | 0.45% | −0.41 |
| CMCSA Comcast Corp. Class A | Reduce -45.3% | 0.25% | −0.34 |
| TEAM Atlassian Corp. Class A | Reduce -86.6% | 0.03% | −0.30 |
| MRK Merck & Co. Inc. | Reduce -52.8% | 0.24% | −0.29 |
| COF Capital One Financial Corp. | Reduce -25.9% | 0.54% | −0.28 |
| WDAY Workday Inc. Class A | Reduce -82.3% | 0.05% | −0.25 |
| CNC Centene Corp. | Reduce -84.7% | 0.02% | −0.23 |
| ZM Zoom Communications Inc. | Reduce -59.4% | 0.13% | −0.21 |
| SPGI S&P Global Inc. | Reduce -32.7% | 0.25% | −0.20 |
| CI The Cigna Group | Reduce -25.3% | 0.28% | −0.20 |
| V Visa Inc. Class A | Reduce -0.8% | 1.09% | −0.20 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -51.8% | 0.15% | −0.19 |
| QCOM Qualcomm Inc. | Reduce -21.5% | 0.47% | −0.17 |
| NTRS Northern Trust Corp. | Reduce -67.1% | 0.08% | −0.17 |
| HPQ HP Inc. | Reduce -51.4% | 0.13% | −0.15 |
| CTSH Cognizant Tech Solutions-A | Reduce -26.9% | 0.18% | −0.14 |
| CLX Clorox Company | Reduce -71.4% | 0.05% | −0.14 |
| DIS The Walt Disney Co. | Reduce -6.6% | 0.42% | −0.13 |
| DOCU Docusign Inc. | Reduce -72.5% | 0.04% | −0.13 |
| NTAP Netapp Inc. | Reduce -61.9% | 0.08% | −0.13 |
| PGR Progressive Corp. | Reduce -8.7% | 0.36% | −0.12 |
| AKAM Akamai Technologies Inc. | Reduce -90.5% | 0.01% | −0.12 |
| BAC Bank of America Corp. | Reduce -5.4% | 1.14% | −0.11 |
| ACN Accenture PLC Class A | Reduce -11.0% | 0.18% | −0.10 |
| EPAM Epam Systems Inc. | Reduce -80.2% | 0.02% | −0.10 |
| AMAT Applied Materials Inc. | Reduce -22.0% | 0.33% | −0.10 |
| ADBE Adobe Inc. | Reduce -2.9% | 0.35% | −0.09 |
| BNY Bank of New York Mellon Corp. | Reduce -52.6% | 0.09% | −0.09 |
| GDDY GoDaddy Inc. Class A | Reduce -66.3% | 0.03% | −0.09 |
| PNC PNC Financial Services Group | Reduce -63.0% | 0.05% | −0.09 |
| CYBR Cyberark Software Ltd./Israel | Reduce -85.4% | 0.02% | −0.09 |
| FITB Fifth Third Bancorp | Reduce -57.3% | 0.06% | −0.09 |
| OC Owens Corning | Reduce -44.0% | 0.09% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -14.0% | 0.46% | −0.09 |
| MRVL Marvell Technology Inc. | Reduce -41.1% | 0.10% | −0.07 |
| AOS Smith (a.o.) Corp. | Reduce -38.4% | 0.12% | −0.07 |
| FTNT Fortinet Inc. | Reduce -11.2% | 0.12% | −0.07 |
| LYB Lyondellbasell Indu Class A | Reduce -95.2% | 0.00% | −0.07 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.07 |
| QRVO Qorvo Inc. | Reduce -66.3% | 0.03% | −0.07 |
| MOH Molina Healthcare Inc. | Reduce -89.5% | 0.00% | −0.06 |
| SWKS Skyworks Solutions Inc. | Reduce -58.6% | 0.04% | −0.06 |
| GEN Gen Digital Inc. | Reduce -9.7% | 0.21% | −0.06 |
| SYK Stryker Corp. | Reduce -0.2% | 0.28% | −0.06 |
| TGT Target Corp. | Reduce -54.8% | 0.03% | −0.06 |
| SBAC SBA Communications Corp. | Reduce -60.4% | 0.02% | −0.06 |
| MMM 3M Co. | Reduce -69.3% | 0.02% | −0.06 |
| ECL Ecolab Inc. | Reduce -0.7% | 0.48% | −0.06 |
| TAP Molson Coors Beverage Co. Class B | Reduce -39.0% | 0.06% | −0.06 |
| SHW The Sherwin-Williams Co. | Reduce -22.8% | 0.12% | −0.06 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | Add +2.9% | 5.19% | +1.05 |
| AAPL Apple Inc. | Add +6.2% | 4.17% | +0.61 |
| UBER Uber Technologies Inc. | Add +220.9% | 0.66% | +0.44 |
| JNJ Johnson & Johnson | Add +93.5% | 0.84% | +0.44 |
| TMUS T-Mobile US Inc. | Add +301.1% | 0.57% | +0.41 |
| C Citigroup Inc. | Add +63.3% | 0.90% | +0.38 |
| ORCL Oracle Corp. | Add +43.9% | 0.95% | +0.37 |
| STX Seagate Technology Holdings | Add +862.3% | 0.35% | +0.33 |
| TSLA Tesla Inc. | Add +1.8% | 1.45% | +0.30 |
| PFE Pfizer Inc. | Add +148.1% | 0.52% | +0.29 |
| AVGO Broadcom Inc. | Add +3.0% | 3.22% | +0.28 |
| T AT&T Inc. | Add +188.1% | 0.39% | +0.23 |
| LRCX Lam Research Corp. | Add +67.1% | 0.46% | +0.23 |
| APH Amphenol Corp. Class A | Add +103.3% | 0.32% | +0.18 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +101.0% | 0.43% | +0.18 |
| IBKR Interactive Brokers Gro Class A | Add +89.0% | 0.34% | +0.17 |
| ANET Arista Networks Inc. | Add +15.5% | 0.49% | +0.16 |
| IDXX Idexx Laboratories Inc. | Add +104.2% | 0.27% | +0.14 |
| GS Goldman Sachs Group Inc. | Add +35.5% | 0.55% | +0.14 |
| BX Blackstone Inc. | Add +282.5% | 0.19% | +0.14 |
| MU Micron Technology Inc. | Add +79.3% | 0.26% | +0.14 |
| META Meta Platforms Inc. Class A | Add +18.8% | 2.95% | +0.14 |
| TEL Te Connectivity PLC | Add +373.1% | 0.17% | +0.14 |
| PLTR Palantir Technologies Inc. Class A | Add +58.0% | 0.28% | +0.13 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +41.2% | 0.30% | +0.13 |
| APP AppLovin Corp. Class A | Add +26.7% | 0.20% | +0.12 |
| AMD Advanced Micro Devices | Add +66.1% | 0.28% | +0.11 |
| AMGN Amgen Inc. | Add +70.2% | 0.33% | +0.11 |
| INTU Intuit Inc. | Add +111.8% | 0.27% | +0.10 |
| WAB Wabtec Corp. | Add +166.6% | 0.18% | +0.10 |
| MA Mastercard Inc. Class A | Add +32.1% | 0.62% | +0.10 |
| HBAN Huntington Bancshares Inc. | Add +1028.8% | 0.10% | +0.09 |
| LOW Lowe's Cos Inc. | Add +76.8% | 0.21% | +0.09 |
| GILD Gilead Sciences Inc. | Add +26.4% | 0.79% | +0.09 |
| TSM Taiwan Semiconductor-SP ADR | Add +103.8% | 0.15% | +0.09 |
| JBL Jabil Inc. | Add +115.1% | 0.17% | +0.08 |
| CRH CRH PLC | Add +15.5% | 0.32% | +0.08 |
| TT Trane Technologies PLC | Add +141.9% | 0.16% | +0.08 |
| MNST Monster Beverage Corp. | Add +108.7% | 0.16% | +0.08 |
| PYPL PayPal Holdings Inc. | Add +112.6% | 0.19% | +0.08 |
| ABBV Abbvie Inc. | Add +2.0% | 0.63% | +0.07 |
| K Kellanova | Add +97.2% | 0.16% | +0.07 |
| EBAY eBay Inc. | Add +89.8% | 0.14% | +0.07 |
| PG The Procter & Gamble Co. | Add +40.5% | 0.40% | +0.07 |
| HD Home Depot Inc. | Add +27.3% | 0.32% | +0.06 |
| RBLX Roblox Corp. Class A | Add +14.5% | 0.25% | +0.06 |
| NLY Annaly Capital Management Inc. | Add +59.8% | 0.18% | +0.06 |
| MELI MercadoLibre Inc. | Add +44.9% | 0.47% | +0.06 |
| WELL Welltower Inc. | Add +13.8% | 0.41% | +0.06 |
| IP International Paper Co. | Add +488.4% | 0.07% | +0.05 |
Notes & Other Activity Q2 2025 → Q3 2025
| TROX Tronox Holdings PLC | SHS | Sold out | 0 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,844 | $46.3B | NVDA, GOOG, AAPL, MSFT, AMZN |
| Q1 2026 | 1,854 | $39.9B | NVDA, AAPL, MSFT, GOOG, AMZN |
| Q4 2025 | 1,728 | $43.9B | NVDA, GOOG, MSFT, AAPL, AMZN |
| Q3 2025 | 1,727 | $41.7B | NVDA, MSFT, GOOG, AAPL, AMZN |
| Q2 2025 | 1,711 | $37.0B | NVDA, MSFT, GOOG, AMZN, AAPL |
| Q1 2025 | 1,818 | $32.2B | MSFT, NVDA, AAPL, GOOG, AMZN |
| Q4 2024 | 1,762 | $36.3B | NVDA, MSFT, AAPL, AMZN, GOOG |
| Q3 2024 | 1,764 | $33.1B | MSFT, NVDA, AMZN, GOOG, AAPL |
| Q2 2024 | 1,770 | $33.1B | NVDA, MSFT, GOOG, AMZN, AAPL |
| Q1 2024 | 1,776 | $31.5B | MSFT, NVDA, AAPL, GOOG, AMZN |