KBC Group NV
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), KBC Group NV reported 1,728 stock positions worth $43.9 billion. Its top holding was Nvidia (NVDA) at 7.2% of the portfolio, followed by Alphabet Class C (GOOG, 6.3%) and Microsoft (MSFT, 6.2%). Compared with Q3 2025, it opened 23 new positions, sold out of 24, added to 446 and reduced 294. The biggest buy was Abbott Laboratories (ABT, shares +127%) and the biggest sale an exit from Abbvie (ABBV).
- Most Recent 13F
- Q2 2026
- Location
- Brussels, C9
- CIK
- 0001411133
- Portfolio Value
- $43.9B (Q4 2025)
- SEC Filing
- 0001193125-26-021832 ↗ filed Jan 26, 2026
Holdings Value
Holdings 1,728 stocks · $43.9B
| NVDA Nvidia Corp. | 7.22% | 16,968,729 | $3.2B | Add +2.7% |
| GOOG Alphabet Inc. Class C | 6.25% | 8,738,815 | $2.7B | Reduce -1.7% |
| MSFT Microsoft Corp. | 6.20% | 5,625,098 | $2.7B | Add +2.9% |
| AAPL Apple Inc. | 4.37% | 7,044,697 | $1.9B | Add +3.1% |
| AMZN Amazon.com Inc. | 3.98% | 7,558,795 | $1.7B | Add +4.4% |
| AVGO Broadcom Inc. | 3.11% | 3,946,801 | $1.4B | Reduce -3.2% |
| META Meta Platforms Inc. Class A | 2.59% | 1,719,104 | $1.1B | Add +2.7% |
| JPM JPMorgan Chase & Co. | 2.00% | 2,725,322 | $878.2M | Add +2.4% |
| LLY Eli Lilly & Co. | 1.73% | 704,017 | $756.6M | Add +1.8% |
| TSLA Tesla Inc. | 1.33% | 1,294,572 | $582.2M | Reduce -4.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.15% | 9,141,932 | $502.8M | Reduce -0.9% |
| JNJ Johnson & Johnson | 1.08% | 2,296,831 | $475.3M | Add +21.8% |
| V Visa Inc. Class A | 1.06% | 1,321,640 | $463.5M | Reduce -0.3% |
| C Citigroup Inc. | 1.02% | 3,839,880 | $448.1M | Add +3.5% |
| ABT Abbott Laboratories | 0.98% | 2,320,306 | $430.4M | Add +127.3% |
| GOOGL Alphabet Inc. Class A | 0.95% | 1,327,149 | $415.4M | Reduce -16.4% |
| NFLX Netflix Inc. | 0.91% | 4,268,957 | $400.3M | Reduce -15.5% |
| GILD Gilead Sciences Inc. | 0.91% | 3,244,626 | $398.2M | Add +9.6% |
| MU Micron Technology Inc. | 0.84% | 1,287,460 | $367.5M | Add +100.7% |
| MS Morgan Stanley | 0.73% | 1,811,371 | $321.6M | Add +2.0% |
| LIN Linde PLC | 0.66% | 682,460 | $291.0M | Add +5.6% |
| CRM Salesforce Inc. | 0.66% | 1,096,216 | $290.4M | Add +1.0% |
| BSX Boston Scientific Corp. | 0.66% | 3,044,385 | $290.3M | Add +2.9% |
| ORCL Oracle Corp. | 0.60% | 1,351,358 | $263.4M | Reduce -3.8% |
| UBER Uber Technologies Inc. | 0.60% | 3,213,772 | $262.6M | Add +15.1% |
| COF Capital One Financial Corp. | 0.59% | 1,073,550 | $260.2M | Add +1.1% |
| GS Goldman Sachs Group Inc. | 0.59% | 294,221 | $258.6M | Add +2.7% |
| AMD Advanced Micro Devices | 0.59% | 1,202,094 | $257.4M | Add +66.1% |
| MA Mastercard Inc. Class A | 0.59% | 449,648 | $256.7M | Reduce -0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.58% | 860,199 | $254.8M | Add +28.6% |
| ISRG Intuitive Surgical Inc. | 0.54% | 420,593 | $238.2M | Add +4.7% |
| PFE Pfizer Inc. | 0.52% | 9,193,713 | $228.9M | Add +8.3% |
| QCOM Qualcomm Inc. | 0.52% | 1,330,021 | $227.5M | Add +13.6% |
| BMY Bristol-Myers Squibb Co. | 0.49% | 3,967,121 | $214.0M | Reduce -2.5% |
| CAH Cardinal Health Inc. | 0.48% | 1,021,940 | $210.0M | Add +0.6% |
| IDXX Idexx Laboratories Inc. | 0.48% | 309,380 | $209.3M | Add +76.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 1,759,843 | $200.2M | Add +15.6% |
| WELL Welltower Inc. | 0.45% | 1,065,357 | $197.7M | Add +10.2% |
| UNH Unitedhealth Group Inc. | 0.45% | 593,104 | $195.8M | Add +5.8% |
| AMGN Amgen Inc. | 0.43% | 572,145 | $187.3M | Add +17.9% |
| ECL Ecolab Inc. | 0.42% | 709,949 | $186.4M | Reduce -3.5% |
| NET Cloudflare Inc. Class A | 0.42% | 936,921 | $184.7M | Add +14.3% |
| HCA HCA Healthcare Inc. | 0.41% | 384,421 | $179.5M | Reduce -7.1% |
| MCK McKesson Corp. | 0.41% | 217,605 | $178.5M | Add +51.8% |
| STX Seagate Technology Holdings | 0.40% | 638,613 | $175.9M | Add +2.0% |
| IQV Iqvia Holdings Inc. | 0.40% | 779,128 | $175.6M | Add +68.2% |
| AXP American Express Co. | 0.40% | 473,027 | $175.0M | Add +0.4% |
| APP AppLovin Corp. Class A | 0.38% | 250,224 | $168.6M | Add +111.7% |
| SPG Simon Property Group Inc. | 0.38% | 902,219 | $167.0M | Reduce -3.4% |
| LRCX Lam Research Corp. | 0.38% | 974,684 | $166.8M | Reduce -31.3% |
| MELI MercadoLibre Inc. | 0.35% | 77,026 | $155.2M | Reduce -7.7% |
| WFC Wells Fargo & Co. | 0.35% | 1,657,347 | $154.5M | Add +11.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.35% | 328,512 | $154.0M | Reduce -9.6% |
| GEV GE Vernova Inc. | 0.35% | 232,669 | $152.1M | Add +202.7% |
| ANET Arista Networks Inc. | 0.35% | 1,157,321 | $151.6M | Reduce -18.2% |
| T AT&T Inc. | 0.33% | 5,907,319 | $146.7M | Add +2.3% |
| FERG Ferguson Enterprises Inc. | 0.33% | 656,727 | $146.2M | Add +504.2% |
| CRH CRH PLC | 0.33% | 1,147,605 | $143.2M | Add +1.8% |
| PG The Procter & Gamble Co. | 0.32% | 987,135 | $141.5M | Reduce -8.6% |
| TMO Thermo Fisher Scientific Inc. | 0.32% | 243,329 | $141.0M | Add +5.2% |
| AER Aercap Holdings NV | 0.32% | 970,121 | $139.5M | Reduce -3.1% |
| BKNG Booking Holdings Inc. | 0.32% | 25,915 | $138.8M | Add +2.7% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.32% | 348,194 | $138.5M | Add +27.4% |
| CNM Core & Main Inc. Class A | 0.31% | 2,618,916 | $136.1M | Add +11.6% |
| APH Amphenol Corp. Class A | 0.31% | 1,006,116 | $136.0M | Reduce -8.0% |
| IBKR Interactive Brokers Gro Class A | 0.31% | 2,106,594 | $135.5M | Add +3.6% |
| MRK Merck & Co. Inc. | 0.31% | 1,278,131 | $134.5M | Add +9.2% |
| WMS Advanced Drainage Systems Inc. | 0.30% | 902,066 | $130.6M | Reduce -0.9% |
| PLTR Palantir Technologies Inc. Class A | 0.29% | 712,493 | $126.6M | Add +11.1% |
| NOW ServiceNow Inc. | 0.28% | 804,989 | $123.3M | Add +1.1% |
| CSCO Cisco Systems Inc. | 0.28% | 1,587,746 | $122.3M | Reduce -22.4% |
| SYK Stryker Corp. | 0.28% | 345,700 | $121.5M | Add +7.6% |
| ADBE Adobe Inc. | 0.28% | 345,178 | $120.8M | Reduce -15.6% |
| AMAT Applied Materials Inc. | 0.27% | 467,937 | $120.3M | Reduce -29.6% |
| CTAS Cintas Corp. | 0.27% | 638,730 | $120.1M | Reduce -10.9% |
| GLW Corning Inc. | 0.27% | 1,348,164 | $118.0M | Add +226.5% |
| COST Costco Wholesale Corp. | 0.27% | 136,141 | $117.4M | Reduce -13.1% |
| SCHW Schwab (charles) Corp. | 0.26% | 1,140,723 | $114.0M | Reduce -0.8% |
| GRMN Garmin Ltd. | 0.26% | 561,291 | $113.9M | Add +113.6% |
| EME Emcor Group Inc. | 0.26% | 184,769 | $113.0M | Add +30.9% |
| SPGI S&P Global Inc. | 0.26% | 214,753 | $112.2M | Add +1.0% |
| MET Metlife Inc. | 0.26% | 1,420,569 | $112.1M | Add +1.3% |
| TWLO Twilio Inc. Class A | 0.25% | 779,534 | $110.9M | Reduce -28.9% |
| SSNC Ss&c Technologies Holdings | 0.25% | 1,240,129 | $108.4M | Add +23.9% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 342,946 | $105.6M | Add +23.2% |
| WMT Walmart Inc. | 0.24% | 946,731 | $105.5M | Add +2.8% |
| WAB Wabtec Corp. | 0.24% | 489,724 | $104.5M | Add +32.5% |
| WDC Western Digital Corp. | 0.23% | 597,009 | $102.8M | Add +166.8% |
| PNR Pentair PLC | 0.23% | 982,681 | $102.3M | Reduce -5.1% |
| FOXA Fox Corp. Class A | 0.23% | 1,391,982 | $101.7M | Reduce -43.6% |
| WBD Warner Bros Discovery Inc. | 0.23% | 3,463,358 | $99.8M | Add +152.6% |
| FDX FedEx Corp. | 0.23% | 345,227 | $99.7M | Add +0.0% |
| CI The Cigna Group | 0.23% | 359,236 | $98.9M | Reduce -9.8% |
| VZ Verizon Communications Inc. | 0.22% | 2,330,651 | $94.9M | Reduce -54.7% |
| PGR Progressive Corp. | 0.22% | 415,423 | $94.6M | Reduce -32.5% |
| MNST Monster Beverage Corp. | 0.21% | 1,212,776 | $93.0M | Add +24.9% |
| SPOT Spotify Technology SA | 0.21% | 159,189 | $92.4M | Add +1.5% |
| SYF Synchrony Financial | 0.21% | 1,106,367 | $92.3M | Reduce -0.3% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.21% | 1,170,171 | $90.5M | Add +26.9% |
| CAT Caterpillar Inc. | 0.20% | 155,227 | $88.9M | Add +6.0% |
Portfolio Sells Q3 2025 → Q4 2025
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.63 |
| NFLX Netflix Inc. | Reduce -15.5% | 0.91% | −0.54 |
| TMUS T-Mobile US Inc. | Reduce -78.5% | 0.10% | −0.48 |
| ORCL Oracle Corp. | Reduce -3.8% | 0.60% | −0.35 |
| VZ Verizon Communications Inc. | Reduce -54.7% | 0.22% | −0.33 |
| VRSN Verisign Inc. | Reduce -72.5% | 0.05% | −0.17 |
| RBLX Roblox Corp. Class A | Reduce -39.0% | 0.08% | −0.16 |
| K Kellanova | Sold out | 0.00% | −0.16 |
| PGR Progressive Corp. | Reduce -32.5% | 0.22% | −0.15 |
| ANET Arista Networks Inc. | Reduce -18.2% | 0.35% | −0.15 |
| INTU Intuit Inc. | Reduce -51.5% | 0.12% | −0.15 |
| FOXA Fox Corp. Class A | Reduce -43.6% | 0.23% | −0.14 |
| EQIX Equinix Inc. | Reduce -53.4% | 0.10% | −0.13 |
| CMCSA Comcast Corp. Class A | Reduce -47.9% | 0.12% | −0.13 |
| TSLA Tesla Inc. | Reduce -4.8% | 1.33% | −0.12 |
| HD Home Depot Inc. | Reduce -21.4% | 0.20% | −0.12 |
| MELI MercadoLibre Inc. | Reduce -7.7% | 0.35% | −0.11 |
| COR Cencora Inc. | Reduce -47.7% | 0.13% | −0.11 |
| AVGO Broadcom Inc. | Reduce -3.2% | 3.11% | −0.11 |
| JBL Jabil Inc. | Reduce -58.5% | 0.07% | −0.10 |
| CVNA Carvana Co. | Reduce -37.0% | 0.20% | −0.10 |
| COST Costco Wholesale Corp. | Reduce -13.1% | 0.27% | −0.08 |
| CTAS Cintas Corp. | Reduce -10.9% | 0.27% | −0.08 |
| MLM Martin Marietta Materials | Reduce -87.1% | 0.01% | −0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -9.6% | 0.35% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -8.6% | 0.32% | −0.08 |
| LRCX Lam Research Corp. | Reduce -31.3% | 0.38% | −0.08 |
| HPQ HP Inc. | Reduce -38.9% | 0.06% | −0.07 |
| ADBE Adobe Inc. | Reduce -15.6% | 0.28% | −0.07 |
| HOOD Robinhood Markets Inc. Class A | Reduce -6.3% | 0.17% | −0.07 |
| FTNT Fortinet Inc. | Reduce -47.4% | 0.06% | −0.07 |
| PPG PPG Industries Inc. | Reduce -72.5% | 0.02% | −0.06 |
| VTR Ventas Inc. | Reduce -54.2% | 0.06% | −0.06 |
| ECL Ecolab Inc. | Reduce -3.5% | 0.42% | −0.06 |
| HUBS HubSpot Inc. | Reduce -82.6% | 0.01% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -22.4% | 0.28% | −0.06 |
| IOT Samsara Inc. Class A | Reduce -80.7% | 0.01% | −0.05 |
| AMAT Applied Materials Inc. | Reduce -29.6% | 0.27% | −0.05 |
| CI The Cigna Group | Reduce -9.8% | 0.23% | −0.05 |
| SE Sea Ltd.-ADR | Reduce -26.4% | 0.05% | −0.05 |
| FITB Fifth Third Bancorp | Reduce -72.2% | 0.02% | −0.05 |
| PYPL PayPal Holdings Inc. | Reduce -7.8% | 0.14% | −0.04 |
| SNPS Synopsys Inc. | Reduce -11.3% | 0.18% | −0.04 |
| ERII Energy Recovery Inc. | Reduce -93.1% | 0.00% | −0.04 |
| IRM Iron Mountain Inc. | Reduce -47.2% | 0.03% | −0.04 |
| PNR Pentair PLC | Reduce -5.1% | 0.23% | −0.04 |
| MDLZ Mondelez International Inc. Class A | Reduce -34.9% | 0.05% | −0.04 |
| ELF Elf Beauty Inc. | Reduce -25.7% | 0.03% | −0.04 |
| TOST Toast Inc. Class A | Reduce -36.8% | 0.06% | −0.04 |
| NTNX Nutanix Inc. Class A | Reduce -85.5% | 0.00% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| ABT Abbott Laboratories | Add +127.3% | 0.98% | +0.65 |
| MU Micron Technology Inc. | Add +100.7% | 0.84% | +0.58 |
| LLY Eli Lilly & Co. | Add +1.8% | 1.73% | +0.46 |
| AMD Advanced Micro Devices | Add +66.1% | 0.59% | +0.31 |
| FERG Ferguson Enterprises Inc. | Add +504.2% | 0.33% | +0.27 |
| JNJ Johnson & Johnson | Add +21.8% | 1.08% | +0.25 |
| GEV GE Vernova Inc. | Add +202.7% | 0.35% | +0.23 |
| IDXX Idexx Laboratories Inc. | Add +76.9% | 0.48% | +0.21 |
| AAPL Apple Inc. | Add +3.1% | 4.37% | +0.20 |
| TPR Tapestry Inc. | Add +2607.3% | 0.20% | +0.19 |
| FIX Comfort Systems USA Inc. | Add +9308.1% | 0.20% | +0.19 |
| IQV Iqvia Holdings Inc. | Add +68.2% | 0.40% | +0.19 |
| GLW Corning Inc. | Add +226.5% | 0.27% | +0.19 |
| APP AppLovin Corp. Class A | Add +111.7% | 0.38% | +0.18 |
| WDC Western Digital Corp. | Add +166.8% | 0.23% | +0.17 |
| AMZN Amazon.com Inc. | Add +4.4% | 3.98% | +0.17 |
| WBD Warner Bros Discovery Inc. | Add +152.6% | 0.23% | +0.16 |
| SNOW Snowflake Inc. | Add +513.5% | 0.20% | +0.16 |
| MCK McKesson Corp. | Add +51.8% | 0.41% | +0.14 |
| IBM Intl Business Machines Corp. | Add +28.6% | 0.58% | +0.13 |
| GILD Gilead Sciences Inc. | Add +9.6% | 0.91% | +0.12 |
| C Citigroup Inc. | Add +3.5% | 1.02% | +0.12 |
| BBY Best Buy Co. Inc. | Add +293.6% | 0.16% | +0.11 |
| ISRG Intuitive Surgical Inc. | Add +4.7% | 0.54% | +0.11 |
| GRMN Garmin Ltd. | Add +113.6% | 0.26% | +0.10 |
| AMGN Amgen Inc. | Add +17.9% | 0.43% | +0.10 |
| CAH Cardinal Health Inc. | Add +0.6% | 0.48% | +0.10 |
| DLR Digital Realty Trust Inc. | Add +177.9% | 0.15% | +0.08 |
| CVS CVS Health Corp. | Add +200.4% | 0.12% | +0.08 |
| PFG Principal Financial Group | Add +1144.6% | 0.08% | +0.07 |
| MRK Merck & Co. Inc. | Add +9.2% | 0.31% | +0.07 |
| AWK American Water Works Co. Inc. | Add +84.0% | 0.16% | +0.06 |
| RMD Resmed Inc. | Add +126.9% | 0.13% | +0.06 |
| WAB Wabtec Corp. | Add +32.5% | 0.24% | +0.06 |
| CCK Crown Holdings Inc. | Add +957.0% | 0.07% | +0.06 |
| MS Morgan Stanley | Add +2.0% | 0.73% | +0.06 |
| MNST Monster Beverage Corp. | Add +24.9% | 0.21% | +0.06 |
| AXON Axon Enterprise Inc. | Add +342.3% | 0.08% | +0.05 |
| WFC Wells Fargo & Co. | Add +11.3% | 0.35% | +0.05 |
| ALLE Allegion PLC | Add +963.1% | 0.06% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +5.2% | 0.32% | +0.05 |
| COF Capital One Financial Corp. | Add +1.1% | 0.59% | +0.05 |
| QCOM Qualcomm Inc. | Add +13.6% | 0.52% | +0.05 |
| VEEV Veeva Systems Inc. Class A | Add +180.2% | 0.10% | +0.05 |
| VRT Vertiv Holdings Co. Class A | Add +191.2% | 0.08% | +0.05 |
| STX Seagate Technology Holdings | Add +2.0% | 0.40% | +0.05 |
| SNA Snap-on Inc. | Add +317.1% | 0.06% | +0.05 |
| CRM Salesforce Inc. | Add +1.0% | 0.66% | +0.05 |
| GS Goldman Sachs Group Inc. | Add +2.7% | 0.59% | +0.04 |
| GE General Electric | Add +23.2% | 0.24% | +0.04 |
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 |