Menora Mivtachim Holdings LTD.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Menora Mivtachim Holdings LTD. reported 129 stock positions worth $17.4 billion. Its top holding was Microsoft (MSFT) at 8.1% of the portfolio, followed by Nvidia (NVDA, 5.9%) and Apple (AAPL, 5.6%). Compared with Q1 2025, it opened 11 new positions, sold out of 5, added to 48 and reduced 23. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale SS Energy Select Sector (XLE, shares −41%).

Most Recent 13F
Q2 2026
Location
Ramat Gan, L3
CIK
0001351917
Portfolio Value
$17.4B (Q2 2025)
SEC Filing
0001178913-25-002913 ↗ filed Aug 14, 2025

Holdings Value

0$10.0B$20.0B$30.0B Q1 2024: $13.3B Q1 2024 Q2 2024: $14.7B Q2 2024 Q3 2024: $15.9B Q3 2024 Q4 2024: $16.0B Q4 2024 Q1 2025: $15.4B Q1 2025 Q2 2025: $17.4B $17.4B Q2 2025 Q3 2025: $19.7B Q3 2025 Q4 2025: $21.3B Q4 2025 Q1 2026: $21.1B Q1 2026 Q2 2026: $25.6B Q2 2026

Holdings 129 stocks · $17.4B
MSFT Microsoft Corp. 8.13% 2,843,415 $1.4B Reduce -0.0%
NVDA Nvidia Corp. 5.85% 6,440,985 $1.0B Add +0.0%
AAPL Apple Inc. 5.64% 4,782,203 $981.2M Add +0.1%
GOOGL Alphabet Inc. Class A 4.68% 4,613,966 $813.1M Add +0.0%
AMZN Amazon.com Inc. 4.28% 3,392,020 $744.2M Add +7.9%
META Meta Platforms Inc. Class A 4.04% 951,865 $702.6M Add +0.1%
TEVA Teva Pharmaceutical-SP ADR 3.71% 38,493,294 $645.1M Add +31.9%
AVGO Broadcom Inc. 2.76% 1,740,574 $479.8M Add +25.3%
JPM JPMorgan Chase & Co. 2.47% 1,482,114 $429.7M No change
MA Mastercard Inc. Class A 2.23% 689,960 $387.7M No change
FLIN Franklin Ftse India ETF 2.14% 9,329,036 $371.6M No change
NVMI Nova Ltd. 2.00% 1,264,983 $348.1M No change
XLI SS Industrial Select Sector 1.98% 2,328,840 $343.6M Reduce -3.1%
AMAT Applied Materials Inc. 1.79% 1,695,664 $310.4M No change
IHI iShares U.S. Medical Devices 1.75% 4,864,550 $304.7M Reduce -4.1%
NICE Nice Ltd. - Spon ADR 1.61% 1,660,037 $280.4M No change
XLP SS Consumer Staples Sel Sect 1.55% 3,327,147 $269.4M Add +0.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.50% 3,188,194 $260.3M Add +15.4%
XLE SS Energy Select Sector 1.43% 2,936,400 $249.0M Reduce -41.4%
TSM Taiwan Semiconductor-SP ADR 1.43% 1,096,731 $248.4M No change
TSLA Tesla Inc. 1.40% 765,456 $243.2M Add +15.7%
XLY SS Consumer Disc Select Sect 1.35% 1,083,433 $235.5M Add +95.9%
XLK SS Technology Select Sector 1.34% 919,870 $232.9M Add +9.3%
HD Home Depot Inc. 1.32% 626,732 $229.8M Reduce -19.8%
IGV iShares Expanded Tech-Softwa 1.27% 2,021,051 $221.3M Reduce -9.6%
KBWB Invesco KBW Bank ETF 1.27% 3,085,450 $221.0M Add +107.4%
BRK.B Berkshire Hathaway Inc. Class B 1.25% 448,151 $217.7M Add +0.1%
WMT Walmart Inc. 1.23% 2,191,844 $214.3M Reduce -12.0%
ABBV Abbvie Inc. 1.19% 1,114,813 $206.9M No change
XLC SS Comm Select Sector SPDR 1.15% 1,838,075 $199.5M Add +25.6%
LLY Eli Lilly & Co. 1.10% 246,300 $192.0M No change
XME SS SPDR S&P Metals Mining 1.08% 2,793,050 $187.7M Add +225.5%
SMH Vaneck Semiconductor ETF 0.92% 573,500 $159.9M Add +15.5%
APO Apollo Global Management Inc. 0.89% 1,096,396 $155.5M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.86% 773,119 $150.0M No change
ALL Allstate Corp. 0.86% 742,598 $149.5M No change
ABT Abbott Laboratories 0.86% 1,095,288 $149.0M No change
XLV SS Health Care Select Sector 0.79% 1,019,882 $137.5M Reduce -46.9%
MU Micron Technology Inc. 0.79% 1,108,850 $136.7M No change
MDLZ Mondelez International Inc. Class A 0.78% 2,013,770 $135.8M Add +0.2%
CAMT Camtek Ltd. 0.78% 1,601,433 $135.4M Add +2.2%
ADBE Adobe Inc. 0.77% 346,680 $134.1M Add +0.3%
KO The Coca-Cola Co. 0.76% 1,872,750 $132.5M No change
XLF SS Financial Select Sector 0.73% 2,419,942 $126.7M Reduce -29.0%
SPGI S&P Global Inc. 0.68% 224,011 $118.1M No change
UNP Union Pacific Corp. 0.64% 487,200 $112.1M No change
HWM Howmet Aerospace Inc. 0.64% 595,450 $110.8M Reduce -17.4%
CBRE CBRE Group Inc. Class A 0.63% 776,726 $108.8M No change
CAT Caterpillar Inc. 0.63% 280,000 $108.7M Reduce -18.4%
LRCX Lam Research Corp. 0.59% 1,059,280 $103.1M No change
TECK Teck Resources Ltd.-CLS B 0.59% 2,528,373 $102.1M Add +59.9%
TXN Texas Instruments Inc. 0.56% 464,887 $96.5M No change
UBER Uber Technologies Inc. 0.53% 980,183 $91.5M No change
MCD McDonald's Corp. 0.52% 312,177 $91.2M Reduce -23.6%
TSEM Tower Semiconductor Ltd. 0.51% 2,027,307 $87.9M Add +7.9%
PG The Procter & Gamble Co. 0.50% 547,135 $87.2M No change
XLB SS Materials Select Sector 0.49% 966,350 $84.9M Reduce -51.0%
GEHC GE Healthcare Technology 0.46% 1,090,250 $80.8M New
PLD Prologis Inc. 0.44% 729,377 $76.7M No change
MS Morgan Stanley 0.43% 529,127 $74.5M Reduce -50.5%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.42% 790,334 $72.7M No change
UNH Unitedhealth Group Inc. 0.40% 224,578 $70.1M Reduce -33.6%
TMO Thermo Fisher Scientific Inc. 0.40% 171,932 $69.7M No change
BA The Boeing Co. 0.37% 311,000 $65.2M Reduce -14.7%
RRC Range Resources Corp. 0.33% 1,430,000 $58.2M New
NEE Nextera Energy Inc. 0.29% 715,000 $49.6M No change
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.28% 454,250 $49.0M New
ODFL Old Dominion Freight Line 0.28% 300,000 $48.7M Reduce -40.0%
CROX Crocs Inc. 0.23% 400,000 $40.5M New
XLRE SS Real Estate Select Sector 0.23% 959,400 $39.7M No change
BIRK Birkenstock Holding PLC 0.22% 771,000 $37.9M New
SEDG Solaredge Technologies Inc. 0.17% 1,490,637 $30.4M Add +213.4%
ENLT Enlight Renewable Energy Ltd. 0.12% 892,764 $20.3M No change
NVO Novo-Nordisk A/S-Spons ADR 0.11% 270,168 $18.6M No change
SMWB Similarweb Ltd. 0.10% 2,326,742 $18.2M Add +3.6%
NYAX Nayax Ltd. 0.09% 315,777 $15.9M No change
URGN Urogen Pharma Ltd. 0.09% 1,152,531 $15.8M Reduce -50.0%
TBLA Taboola.com Ltd. 0.09% 4,212,735 $15.4M No change
MBLY Mobileye Global Inc. Class A 0.09% 830,000 $14.9M No change
WIX Wix.com Ltd. 0.08% 88,252 $14.0M Reduce -46.1%
VOO Vanguard S&P 500 ETF 0.08% 23,987 $13.6M Add +166.9%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.07% 298,484 $11.8M Add +53.1%
DYNF Ishrs US E F R A ETF-Usd Inc. 0.07% 212,486 $11.6M Add +54.5%
TCAF T Rowe PRC Cap Appreciation 0.07% 325,727 $11.5M Add +54.4%
VFVA Vanguard U.S. Value Factor 0.06% 93,013 $11.0M Add +56.7%
VWO Vanguard Ftse Emerging Marke 0.05% 190,680 $9.4M Add +52.5%
SPNS Sapiens International Corp. 0.05% 322,401 $9.4M No change
FDG American Century Focused DYN 0.05% 72,281 $7.9M Add +55.2%
FELG Fidelity Enh LRG Cap GWTH 0.04% 211,326 $7.8M Add +55.3%
NUGO Nuveen Growth Opportunities 0.04% 216,858 $7.8M Add +55.8%
QQQ Invesco QQQ Trust Series 1 0.04% 12,433 $6.9M Reduce -0.5%
AVES Avantis Emerging Markets Val 0.04% 126,408 $6.8M Add +50.4%
CGGR Cap Group Growth Equity 0.04% 162,380 $6.6M Add +54.6%
JGRO JPMorgan Active Growth ETF 0.04% 75,791 $6.5M Add +55.1%
TSPA T Rowe Price US Eqy Research 0.04% 164,111 $6.4M Add +54.8%
FFSM Fidelity FNDM SM Mid Cap ETF 0.04% 227,554 $6.2M Add +56.0%
SCHG Schwab US Large-Cap Growth 0.03% 196,932 $5.8M Add +1.1%
ICL Icl Group Ltd. 0.03% 777,571 $5.3M No change
FBCG Fidelity Blue Chip Grow ETF 0.03% 108,710 $5.2M Add +56.5%
RSP Invesco S&P 500 Equal Weight 0.02% 21,265 $3.9M Add +9.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 6,040 $3.7M No change
IWM iShares Russell 2000 ETF 0.01% 11,446 $2.5M Add +15.1%
EWJ iShares MSCI Japan ETF 0.01% 20,200 $1.5M New
KWEB Kranesh Csi China Internet 0.01% 39,900 $1.4M Add +17.4%
SHLD Global X Defense Tech ETF 0.01% 22,050 $1.3M Add +69.6%
FEZ State Street SPDR Euro Stoxx 0.01% 20,000 $1.2M New
KRE SS SPDR S&P Regional Bank 0.01% 17,000 $1.0M Add +142.9%
GLBE Global-E Online Ltd. 0.01% 27,920 $936K Add +44.1%
IYT iShares US Transportation Et 0.01% 12,700 $870K Add +67.1%
OIH Vaneck Oil Services ETF 0.00% 3,250 $748K No change
ITB iShares U.S. Home Constructi 0.00% 8,000 $745K Reduce -99.4%
REZ Ishars Res and Multi Reales 0.00% 8,500 $700K No change
HON Honeywell International Inc. 0.00% 2,300 $536K No change
ITA iShares U.S. Aerospace & Def 0.00% 2,400 $453K No change
IWF iShares Russell 1000 Growth 0.00% 1,007 $428K No change
NKE Nike Inc. Class B 0.00% 6,000 $426K No change
XBI SS SPDR S&P Biotech ETF 0.00% 5,000 $415K No change
MGIC Magic Software Enterprises 0.00% 21,000 $402K No change
FLCH Franklin Ftse China ETF 0.00% 18,000 $391K Reduce -71.4%
VEGI iShares MSCI Agriculture Pro 0.00% 9,000 $362K No change
V Visa Inc. Class A 0.00% 1,000 $355K No change
OTIS Otis Worldwide Corp. 0.00% 3,500 $347K Reduce -99.7%
MDWD Mediwound Ltd. 0.00% 17,500 $339K New
FLCA Franklin Ftse Canada ETF 0.00% 8,000 $334K No change
XRT SS SPDR S&P Retail ETF 0.00% 4,000 $308K New
ACWI iShares MSCI Acwi ETF 0.00% 2,290 $294K No change
KROP Global X FDS 0.00% 16,696 $179K Add +12.2%
FRNW Fidelity Clean Energy ETF 0.00% 10,815 $169K New
ICLN iShares Global Clean Energy 0.00% 11,208 $147K New

Options reported separately and not counted above: TBLAW calls ($51K), INNOVID CORP calls ($8K).

Portfolio Sells Q1 2025 → Q2 2025
XLE SS Energy Select Sector Reduce -41.4% 1.43% −1.61
XLV SS Health Care Select Sector Reduce -46.9% 0.79% −1.03
ITB iShares U.S. Home Constructi Reduce -99.4% 0.00% −0.78
UNH Unitedhealth Group Inc. Reduce -33.6% 0.40% −0.75
OTIS Otis Worldwide Corp. Reduce -99.7% 0.00% −0.74
XLB SS Materials Select Sector Reduce -51.0% 0.49% −0.62
HD Home Depot Inc. Reduce -19.8% 1.32% −0.54
MS Morgan Stanley Reduce -50.5% 0.43% −0.38
XLF SS Financial Select Sector Reduce -29.0% 0.73% −0.38
MCD McDonald's Corp. Reduce -23.6% 0.52% −0.31
ODFL Old Dominion Freight Line Reduce -40.0% 0.28% −0.26
IHI iShares U.S. Medical Devices Reduce -4.1% 1.75% −0.23
WMT Walmart Inc. Reduce -12.0% 1.23% −0.19
CAT Caterpillar Inc. Reduce -18.4% 0.63% −0.11
WIX Wix.com Ltd. Reduce -46.1% 0.08% −0.09
XLI SS Industrial Select Sector Reduce -3.1% 1.98% −0.08
URGN Urogen Pharma Ltd. Reduce -50.0% 0.09% −0.07
ZIM Zim Integrated Shipping Serv Sold out 0.00% −0.07
PERI Perion Network Ltd. Sold out 0.00% −0.07
BA The Boeing Co. Reduce -14.7% 0.37% −0.03
IGV iShares Expanded Tech-Softwa Reduce -9.6% 1.27% −0.02
ESLT Elbit Systems Ltd. Sold out 0.00% −0.02
FLCH Franklin Ftse China ETF Reduce -71.4% 0.00% −0.01
GS Goldman Sachs Group Inc. Sold out 0.00% −0.00
SLGL Sol-Gel Technologies Ltd. Sold out 0.00% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -0.5% 0.04% +0.00
HWM Howmet Aerospace Inc. Reduce -17.4% 0.64% +0.03
MSFT Microsoft Corp. Reduce -0.0% 8.13% +1.19

Portfolio Buys Q1 2025 → Q2 2025
NVDA Nvidia Corp. Add +0.0% 5.85% +1.31
AVGO Broadcom Inc. Add +25.3% 2.76% +1.25
TEVA Teva Pharmaceutical-SP ADR Add +31.9% 3.71% +0.79
XME SS SPDR S&P Metals Mining Add +225.5% 1.08% +0.77
KBWB Invesco KBW Bank ETF Add +107.4% 1.27% +0.66
XLY SS Consumer Disc Select Sect Add +95.9% 1.35% +0.64
META Meta Platforms Inc. Class A Add +0.1% 4.04% +0.47
GEHC GE Healthcare Technology New 0.46% +0.46
AMZN Amazon.com Inc. Add +7.9% 4.28% +0.39
RRC Range Resources Corp. New 0.33% +0.33
TSLA Tesla Inc. Add +15.7% 1.40% +0.28
BJ Bj's Wholesale Club Holdings New 0.28% +0.28
SMH Vaneck Semiconductor ETF Add +15.5% 0.92% +0.24
CROX Crocs Inc. New 0.23% +0.23
XLC SS Comm Select Sector SPDR Add +25.6% 1.15% +0.23
BIRK Birkenstock Holding PLC New 0.22% +0.22
TECK Teck Resources Ltd.-CLS B Add +59.9% 0.59% +0.21
XLK SS Technology Select Sector Add +9.3% 1.34% +0.21
CAMT Camtek Ltd. Add +2.2% 0.78% +0.18
SEDG Solaredge Technologies Inc. Add +213.4% 0.17% +0.12
XLU St Sr Utl SL SE SPDR ETF-Usd Add +15.4% 1.50% +0.08
TSEM Tower Semiconductor Ltd. Add +7.9% 0.51% +0.07
VOO Vanguard S&P 500 ETF Add +166.9% 0.08% +0.05
GOOGL Alphabet Inc. Class A Add +0.0% 4.68% +0.03
DYNF Ishrs US E F R A ETF-Usd Inc. Add +54.5% 0.07% +0.02
CGDV Cap Group Dividend Value Add +53.1% 0.07% +0.02
TCAF T Rowe PRC Cap Appreciation Add +54.4% 0.07% +0.02
VFVA Vanguard U.S. Value Factor Add +56.7% 0.06% +0.02
FDG American Century Focused DYN Add +55.2% 0.05% +0.02
VWO Vanguard Ftse Emerging Marke Add +52.5% 0.05% +0.02
NUGO Nuveen Growth Opportunities Add +55.8% 0.04% +0.02
FELG Fidelity Enh LRG Cap GWTH Add +55.3% 0.04% +0.02
CGGR Cap Group Growth Equity Add +54.6% 0.04% +0.01
JGRO JPMorgan Active Growth ETF Add +55.1% 0.04% +0.01
AVES Avantis Emerging Markets Val Add +50.4% 0.04% +0.01
TSPA T Rowe Price US Eqy Research Add +54.8% 0.04% +0.01
FBCG Fidelity Blue Chip Grow ETF Add +56.5% 0.03% +0.01
FFSM Fidelity FNDM SM Mid Cap ETF Add +56.0% 0.04% +0.01
EWJ iShares MSCI Japan ETF New 0.01% +0.01
FEZ State Street SPDR Euro Stoxx New 0.01% +0.01
SHLD Global X Defense Tech ETF Add +69.6% 0.01% +0.00
KRE SS SPDR S&P Regional Bank Add +142.9% 0.01% +0.00
MDWD Mediwound Ltd. New 0.00% +0.00
IYT iShares US Transportation Et Add +67.1% 0.01% +0.00
XRT SS SPDR S&P Retail ETF New 0.00% +0.00
IWM iShares Russell 2000 ETF Add +15.1% 0.01% +0.00
SCHG Schwab US Large-Cap Growth Add +1.1% 0.03% +0.00
FRNW Fidelity Clean Energy ETF New 0.00% +0.00
GLBE Global-E Online Ltd. Add +44.1% 0.01% +0.00
ICLN iShares Global Clean Energy New 0.00% +0.00

Options Activity Q1 2025 → Q2 2025
RRC Range Resources Corp. call Sold out 1,430,000 $57.1Mbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 173$25.6BNVDA, AAPL, GOOGL, TEVA, AMZN
Q1 2026 155$21.1BNVDA, AAPL, TEVA, GOOGL, MSFT
Q4 2025 139$21.3BNVDA, GOOGL, MSFT, AAPL, TEVA
Q3 2025 132$19.7BMSFT, AAPL, NVDA, GOOGL, TEVA
Q2 2025 129$17.4BMSFT, NVDA, AAPL, GOOGL, AMZN
Q1 2025 123$15.4BMSFT, AAPL, GOOGL, NVDA, AMZN
Q4 2024 97$16.0BAAPL, MSFT, GOOGL, NVDA, AMZN
Q3 2024 93$15.9BMSFT, AAPL, GOOGL, META, NVDA
Q2 2024 94$14.7BMSFT, AAPL, GOOGL, AMAT, META
Q1 2024 86$13.3BMSFT, GOOGL, AAPL, AMAT, META