MASTERINVEST Kapitalanlage GmbH

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), MASTERINVEST Kapitalanlage GmbH reported 266 stock positions worth $1.1 billion. Its top holding was Nvidia (NVDA) at 6.4% of the portfolio, followed by Microsoft (MSFT, 5.5%) and Apple (AAPL, 4.3%). Compared with Q3 2025, it opened 9 new positions, sold out of 22, added to 76 and reduced 91. The biggest buy was Eli Lilly (LLY, shares +1%) and the biggest sale Microsoft (MSFT, shares −3%).

Most Recent 13F
Q2 2026
Location
VIENNA, C4
CIK
0002075029
Portfolio Value
$1.1B (Q4 2025)
SEC Filing
0002075029-26-000001 ↗ filed Jan 27, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q2 2025: $951.5M Q2 2025 Q3 2025: $1.0B Q3 2025 Q4 2025: $1.1B $1.1B Q4 2025 Q1 2026: $962.5M Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 266 stocks · $1.1B
NVDA Nvidia Corp. 6.36% 357,358 $67.0M Reduce -3.3%
MSFT Microsoft Corp. 5.52% 119,221 $58.1M Reduce -3.2%
AAPL Apple Inc. 4.32% 166,435 $45.5M Add +1.1%
AVGO Broadcom Inc. 3.43% 103,129 $36.1M Reduce -0.3%
GOOGL Alphabet Inc. Class A 3.41% 114,411 $35.9M Reduce -9.9%
AMZN Amazon.com Inc. 3.30% 149,577 $34.8M Reduce -1.2%
LLY Eli Lilly & Co. 2.75% 26,832 $29.0M Add +1.4%
JPM JPMorgan Chase & Co. 2.21% 71,911 $23.3M Add +0.0%
META Meta Platforms Inc. Class A 2.04% 32,284 $21.5M Reduce -10.9%
ABBV Abbvie Inc. 1.80% 82,556 $19.0M Reduce -0.1%
GOOG Alphabet Inc. Class C 1.77% 59,195 $18.6M Add +30.5%
CSCO Cisco Systems Inc. 1.51% 205,953 $15.9M Reduce -2.6%
V Visa Inc. Class A 1.39% 41,522 $14.7M Add +3.1%
PG The Procter & Gamble Co. 1.35% 98,638 $14.2M Add +5.5%
TSLA Tesla Inc. 1.22% 28,163 $12.8M Add +9.3%
MU Micron Technology Inc. 1.08% 38,717 $11.3M Reduce -12.7%
MA Mastercard Inc. Class A 1.07% 19,535 $11.3M Add +11.0%
PEP Pepsico Inc. 1.01% 73,991 $10.7M Add +7.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.01% 68,376 $10.6M Add +2.5%
CRM Salesforce Inc. 0.92% 36,318 $9.7M Add +1.3%
NFLX Netflix Inc. 0.84% 94,551 $8.9M Reduce -20.2%
ORCL Oracle Corp. 0.83% 44,488 $8.8M Reduce -2.1%
KO The Coca-Cola Co. 0.82% 123,438 $8.6M Add +1.5%
CME Cme Group Inc. 0.81% 30,945 $8.5M Reduce -6.1%
UNP Union Pacific Corp. 0.79% 35,638 $8.3M Add +0.5%
ABT Abbott Laboratories 0.78% 65,140 $8.2M Add +0.1%
AMD Advanced Micro Devices 0.76% 37,062 $8.0M Add +12.6%
LRCX Lam Research Corp. 0.75% 45,711 $7.9M Add +19.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.75% 69,087 $7.9M Add +15.8%
HD Home Depot Inc. 0.75% 22,726 $7.9M Reduce -16.3%
WMT Walmart Inc. 0.73% 68,763 $7.7M Reduce -11.4%
PGR Progressive Corp. 0.71% 32,548 $7.5M Add +10.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.67% 23,396 $7.1M Add +6.3%
MCD McDonald's Corp. 0.65% 22,151 $6.8M Reduce -1.0%
ADP Automatic Data Processing 0.62% 25,001 $6.5M Reduce -3.8%
GS Goldman Sachs Group Inc. 0.59% 7,038 $6.2M No change
PLD Prologis Inc. 0.59% 48,039 $6.2M Add +31.4%
LIN Linde PLC 0.58% 14,200 $6.1M Reduce -37.0%
UBER Uber Technologies Inc. 0.58% 74,068 $6.1M Add +115.6%
CB Chubb Ltd. 0.58% 19,338 $6.1M Reduce -0.8%
BSX Boston Scientific Corp. 0.56% 61,293 $5.9M Add +4.2%
NOW ServiceNow Inc. 0.55% 37,845 $5.8M Reduce -12.9%
QCOM Qualcomm Inc. 0.54% 32,843 $5.7M Add +34.3%
UNH Unitedhealth Group Inc. 0.54% 16,995 $5.6M Add +1.5%
ISRG Intuitive Surgical Inc. 0.53% 9,813 $5.6M No change
FAST Fastenal Co. 0.52% 133,958 $5.5M Reduce -1.8%
MRK Merck & Co. Inc. 0.50% 49,472 $5.2M Add +25.1%
SCHW Schwab (charles) Corp. 0.50% 52,056 $5.2M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.49% 94,091 $5.2M Reduce -0.9%
AMAT Applied Materials Inc. 0.49% 19,797 $5.1M Add +0.8%
AXP American Express Co. 0.49% 13,747 $5.1M No change
WM Waste Management Inc. 0.49% 23,031 $5.1M Reduce -9.1%
MMM 3M Co. 0.45% 29,227 $4.7M Add +5.3%
MS Morgan Stanley 0.44% 26,080 $4.7M Add +3.7%
NEM Newmont Corp. 0.41% 42,423 $4.3M Add +15.8%
ECL Ecolab Inc. 0.41% 16,266 $4.3M Add +12.2%
JNJ Johnson & Johnson 0.41% 20,711 $4.3M Add +13.5%
BKNG Booking Holdings Inc. 0.40% 783 $4.2M Reduce -1.8%
C Citigroup Inc. 0.38% 34,201 $4.0M Reduce -7.4%
TT Trane Technologies PLC 0.37% 9,939 $3.9M Reduce -9.2%
ETN Eaton Corp. PLC 0.37% 12,071 $3.9M Add +296.3%
VZ Verizon Communications Inc. 0.36% 94,223 $3.8M Reduce -1.0%
COST Costco Wholesale Corp. 0.36% 4,366 $3.8M Add +7.6%
CMI Cummins Inc. 0.36% 7,352 $3.8M Add +5.0%
JCI Johnson Controls Internation 0.36% 31,063 $3.8M No change
INTU Intuit Inc. 0.35% 5,491 $3.7M Add +4.2%
COF Capital One Financial Corp. 0.35% 14,907 $3.6M Reduce -1.9%
LOW Lowe's Cos Inc. 0.34% 14,825 $3.6M Add +19.6%
RCL Royal Caribbean Cruises Ltd. 0.34% 12,779 $3.6M No change
ANET Arista Networks Inc. 0.34% 26,902 $3.6M Add +11.9%
XOM Exxon Mobil Corp. 0.34% 29,251 $3.5M Reduce -2.3%
DE Deere & Co. 0.33% 7,487 $3.5M Add +6.0%
SLB SLB Ltd. filed as SLB LIMITED 0.33% 90,927 $3.5M Reduce -8.8%
TMUS T-Mobile US Inc. 0.33% 17,059 $3.5M Reduce -1.3%
SPGI S&P Global Inc. 0.32% 6,479 $3.4M Reduce -12.5%
CMCSA Comcast Corp. Class A 0.32% 113,548 $3.4M Add +28.0%
PLTR Palantir Technologies Inc. Class A 0.32% 18,620 $3.4M Reduce -53.0%
RMD Resmed Inc. 0.32% 13,832 $3.4M Add +17.9%
WELL Welltower Inc. 0.31% 17,294 $3.3M No change
MELI MercadoLibre Inc. 0.31% 1,594 $3.2M Add +18.4%
AMGN Amgen Inc. 0.30% 9,540 $3.1M Reduce -5.9%
SPOT Spotify Technology SA 0.29% 5,326 $3.1M Add +26.8%
BRK.A Berkshire Hathaway Inc. Class A 0.29% 4 $3.0M No change
CAT Caterpillar Inc. 0.28% 5,139 $3.0M Reduce -9.8%
EA Electronic Arts Inc. 0.28% 14,472 $3.0M Add +5.3%
HLT Hilton Worldwide Holdings Inc. 0.28% 10,137 $2.9M Add +16.2%
CBRE CBRE Group Inc. Class A 0.28% 17,930 $2.9M Reduce -6.2%
MDB Mongodb Inc. 0.27% 6,811 $2.9M Add +13.0%
GE General Electric filed as GE AEROSPACE 0.27% 9,184 $2.9M Reduce -13.2%
F Ford Motor Co. filed as FORD MTR CO 0.27% 213,111 $2.8M Add +6.2%
AZO AutoZone Inc. 0.27% 828 $2.8M Add +4.5%
GILD Gilead Sciences Inc. 0.26% 22,389 $2.8M Add +5.8%
NKE Nike Inc. Class B 0.25% 43,218 $2.6M Reduce -28.6%
T AT&T Inc. 0.25% 105,686 $2.6M No change
CDNS Cadence Design SYS Inc. 0.25% 8,293 $2.6M Reduce -14.8%
GLW Corning Inc. 0.25% 29,193 $2.6M Add +5.5%
ADBE Adobe Inc. 0.25% 7,342 $2.6M No change
BRK.B Berkshire Hathaway Inc. Class B 0.24% 5,108 $2.6M No change
SYK Stryker Corp. 0.24% 7,234 $2.6M Add +37.7%
VRTX Vertex Pharmaceuticals Inc. 0.24% 5,544 $2.5M No change

Show all 266 holdings

Portfolio Sells Q3 2025 → Q4 2025
MSFT Microsoft Corp. Reduce -3.2% 5.52% −0.70
META Meta Platforms Inc. Class A Reduce -10.9% 2.04% −0.55
NFLX Netflix Inc. Reduce -20.2% 0.84% −0.54
LIN Linde PLC Reduce -37.0% 0.58% −0.47
ORCL Oracle Corp. Reduce -2.1% 0.83% −0.41
PLTR Palantir Technologies Inc. Class A Reduce -53.0% 0.32% −0.38
NVDA Nvidia Corp. Reduce -3.3% 6.36% −0.36
HD Home Depot Inc. Reduce -16.3% 0.75% −0.33
NOW ServiceNow Inc. Reduce -12.9% 0.55% −0.23
BX Blackstone Inc. Reduce -62.1% 0.10% −0.20
FDX FedEx Corp. Reduce -77.6% 0.07% −0.20
NKE Nike Inc. Class B Reduce -28.6% 0.25% −0.16
FAST Fastenal Co. Reduce -1.8% 0.52% −0.13
ADP Automatic Data Processing Reduce -3.8% 0.62% −0.13
TTWO Take-Two Interactive Softwre Reduce -48.8% 0.12% −0.12
SHW The Sherwin-Williams Co. Reduce -36.4% 0.16% −0.11
VST Vistra Corp. Sold out 0.00% −0.11
PINS Pinterest Inc. Class A Sold out 0.00% −0.09
ZBRA Zebra Technologies Corp. Class A Sold out 0.00% −0.09
ELV Elevance Health Inc. Reduce -48.0% 0.10% −0.09
CDNS Cadence Design SYS Inc. Reduce -14.8% 0.25% −0.08
FISV Fiserv Inc. Sold out 0.00% −0.08
TT Trane Technologies PLC Reduce -9.2% 0.37% −0.08
PSA Public Storage Sold out 0.00% −0.08
TMUS T-Mobile US Inc. Reduce -1.3% 0.33% −0.07
ABBV Abbvie Inc. Reduce -0.1% 1.80% −0.06
ACM Aecom Reduce -1.0% 0.16% −0.06
WAB Wabtec Corp. Sold out 0.00% −0.06
WM Waste Management Inc. Reduce -9.1% 0.49% −0.06
GWW WW Grainger Inc. Reduce -30.1% 0.16% −0.06
CME Cme Group Inc. Reduce -6.1% 0.81% −0.06
CI The Cigna Group Reduce -16.6% 0.18% −0.05
WMT Walmart Inc. Reduce -11.4% 0.73% −0.05
EXE Expand Energy Corp. Reduce -30.7% 0.12% −0.05
MDLZ Mondelez International Inc. Class A Reduce -4.0% 0.21% −0.05
BLK BlackRock Inc. Reduce -14.5% 0.16% −0.05
BMY Bristol-Myers Squibb Co. Reduce -60.2% 0.04% −0.04
VZ Verizon Communications Inc. Reduce -1.0% 0.36% −0.04
GE General Electric Reduce -13.2% 0.27% −0.04
DHI D.R. Horton Inc. Sold out 0.00% −0.04
CL Colgate-Palmolive Co. Reduce -13.5% 0.20% −0.04
MSTR Strategy Inc. Sold out 0.00% −0.03
O Realty Income Corp. Sold out 0.00% −0.03
RBLX Roblox Corp. Class A Sold out 0.00% −0.03
EQT Eqt Corp. Sold out 0.00% −0.03
INTC Intel Corp. Reduce -21.8% 0.15% −0.03
SPGI S&P Global Inc. Reduce -12.5% 0.32% −0.03
MRVL Marvell Technology Inc. Reduce -47.9% 0.03% −0.03
WSM Williams-Sonoma Inc. Sold out 0.00% −0.02
ROP Roper Technologies Inc. Sold out 0.00% −0.02

Portfolio Buys Q3 2025 → Q4 2025
LLY Eli Lilly & Co. Add +1.4% 2.75% +0.78
GOOG Alphabet Inc. Class C Add +30.5% 1.77% +0.69
ETN Eaton Corp. PLC Add +296.3% 0.37% +0.26
LRCX Lam Research Corp. Add +19.2% 0.75% +0.25
UBER Uber Technologies Inc. Add +115.6% 0.58% +0.25
AMD Advanced Micro Devices Add +12.6% 0.76% +0.24
AAPL Apple Inc. Add +1.1% 4.32% +0.23
EL Estee Lauder Companies Class A Add +705.7% 0.20% +0.18
PLD Prologis Inc. Add +31.4% 0.59% +0.18
MRK Merck & Co. Inc. Add +25.1% 0.50% +0.17
QCOM Qualcomm Inc. Add +34.3% 0.54% +0.14
AMRZ Amrize Ltd. Add +252.8% 0.19% +0.14
VRT Vertiv Holdings Co. Class A Add +518.5% 0.14% +0.12
NEM Newmont Corp. Add +15.8% 0.41% +0.11
ROK Rockwell Automation Inc. Add +73.9% 0.23% +0.11
HWM Howmet Aerospace Inc. Add +288.3% 0.14% +0.11
JBHT Hunt (jb) Transprt SVCS Inc. New 0.10% +0.10
FLS Flowserve Corp. New 0.10% +0.10
DKS Dick's Sporting Goods Inc. New 0.10% +0.10
TSLA Tesla Inc. Add +9.3% 1.22% +0.10
AMAT Applied Materials Inc. Add +0.8% 0.49% +0.10
MA Mastercard Inc. Class A Add +11.0% 1.07% +0.10
MDB Mongodb Inc. Add +13.0% 0.27% +0.09
CRM Salesforce Inc. Add +1.3% 0.92% +0.09
DIS The Walt Disney Co. Add +15.8% 0.75% +0.09
MKL Markel Group Inc. Add +62.6% 0.17% +0.08
JNJ Johnson & Johnson Add +13.5% 0.41% +0.08
TMO Thermo Fisher Scientific Inc. Add +32.4% 0.21% +0.07
PEP Pepsico Inc. Add +7.8% 1.01% +0.07
CMI Cummins Inc. Add +5.0% 0.36% +0.07
TJX TJX Companies Inc. Add +2.5% 1.01% +0.07
IBM Intl Business Machines Corp. Add +6.3% 0.67% +0.07
NYT New York Times Co. Class A Add +20.9% 0.22% +0.07
HLT Hilton Worldwide Holdings Inc. Add +16.2% 0.28% +0.06
PWR Quanta Services Inc. Add +31.2% 0.23% +0.06
SYK Stryker Corp. Add +37.7% 0.24% +0.05
MS Morgan Stanley Add +3.7% 0.44% +0.05
V Visa Inc. Class A Add +3.1% 1.39% +0.05
CMCSA Comcast Corp. Class A Add +28.0% 0.32% +0.05
MNST Monster Beverage Corp. Add +207.0% 0.07% +0.05
ACN Accenture PLC Class A Add +33.5% 0.16% +0.05
COR Cencora Inc. Add +29.8% 0.16% +0.04
LOW Lowe's Cos Inc. Add +19.6% 0.34% +0.04
KO The Coca-Cola Co. Add +1.5% 0.82% +0.04
F Ford Motor Co. Add +6.2% 0.27% +0.03
GILD Gilead Sciences Inc. Add +5.8% 0.26% +0.03
MCK McKesson Corp. Add +76.8% 0.06% +0.03
EXR Extra Space Storage Inc. New 0.03% +0.03
MMM 3M Co. Add +5.3% 0.45% +0.03
WBD Warner Bros Discovery Inc. New 0.03% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 300$1.2BNVDA, AAPL, MSFT, AVGO, AMZN
Q1 2026 292$962.5MNVDA, MSFT, AAPL, AVGO, AMZN
Q4 2025 266$1.1BNVDA, MSFT, AAPL, AVGO, GOOGL
Q3 2025 278$1.0BNVDA, MSFT, AAPL, AVGO, AMZN
Q2 2025Amended 265$951.5MMSFT, NVDA, AAPL, AMZN, META