Menora Mivtachim Holdings LTD.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Menora Mivtachim Holdings LTD. reported 132 stock positions worth $19.7 billion. Its top holding was Microsoft (MSFT) at 7.5% of the portfolio, followed by Apple (AAPL, 6.2%) and Nvidia (NVDA, 6.1%). Compared with Q2 2025, it opened 16 new positions, sold out of 13, added to 42 and reduced 24. The biggest buy was Alphabet Class A (GOOGL, shares +4%) and the biggest sale Meta Platforms Class A (META, shares −9%).

Most Recent 13F
Q2 2026
Location
Ramat Gan, L3
CIK
0001351917
Portfolio Value
$19.7B (Q3 2025)
SEC Filing
0001178913-25-003823 ↗ filed Nov 13, 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 Q2 2025 Q3 2025: $19.7B $19.7B Q3 2025 Q4 2025: $21.3B Q4 2025 Q1 2026: $21.1B Q1 2026 Q2 2026: $25.6B Q2 2026

Holdings 132 stocks · $19.7B
MSFT Microsoft Corp. 7.48% 2,843,415 $1.5B No change
AAPL Apple Inc. 6.18% 4,784,603 $1.2B Add +0.1%
NVDA Nvidia Corp. 6.10% 6,440,985 $1.2B No change
GOOGL Alphabet Inc. Class A 5.90% 4,780,066 $1.2B Add +3.6%
TEVA Teva Pharmaceutical-SP ADR 3.99% 38,920,294 $786.2M Add +1.1%
AMZN Amazon.com Inc. 3.78% 3,394,020 $745.2M Add +0.1%
META Meta Platforms Inc. Class A 3.23% 866,465 $636.3M Reduce -9.0%
AVGO Broadcom Inc. 2.92% 1,740,574 $574.2M No change
XLI SS Industrial Select Sector 2.76% 3,528,840 $544.3M Add +51.5%
JPM JPMorgan Chase & Co. 2.37% 1,482,114 $467.5M No change
MA Mastercard Inc. Class A 1.99% 690,560 $392.8M Add +0.1%
TSLA Tesla Inc. 1.94% 860,781 $382.8M Add +12.4%
NVMI Nova Ltd. 1.89% 1,165,333 $372.5M Reduce -7.9%
FLIN Franklin Ftse India ETF 1.77% 9,329,036 $347.9M No change
AMAT Applied Materials Inc. 1.76% 1,697,664 $347.6M Add +0.1%
XLE SS Energy Select Sector 1.64% 3,610,100 $322.5M Add +22.9%
TSM Taiwan Semiconductor-SP ADR 1.55% 1,096,731 $306.3M No change
BRK.B Berkshire Hathaway Inc. Class B 1.46% 573,501 $288.3M Add +28.0%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.42% 3,202,194 $279.3M Add +0.4%
XLP SS Consumer Staples Sel Sect 1.32% 3,319,147 $260.1M Reduce -0.2%
XLK SS Technology Select Sector 1.32% 921,870 $259.8M Add +0.2%
ABBV Abbvie Inc. 1.31% 1,114,813 $258.1M No change
HD Home Depot Inc. 1.29% 626,732 $253.9M No change
KBWB Invesco KBW Bank ETF 1.23% 3,089,050 $241.6M Add +0.1%
NICE Nice Ltd. - Spon ADR 1.20% 1,639,269 $237.3M Reduce -1.3%
IHI iShares U.S. Medical Devices 1.20% 3,946,450 $237.1M Reduce -18.9%
IGV iShares Expanded Tech-Softwa 1.18% 2,028,051 $233.2M Add +0.3%
XLY SS Consumer Disc Select Sect 1.15% 949,003 $227.4M Reduce -12.4%
WMT Walmart Inc. 1.15% 2,196,244 $226.3M Add +0.2%
LLY Eli Lilly & Co. 1.14% 293,800 $224.2M Add +19.3%
CAMT Camtek Ltd. 1.12% 2,099,351 $220.5M Add +31.1%
XME SS SPDR S&P Metals Mining 1.09% 2,303,550 $214.7M Reduce -17.5%
SMH Vaneck Semiconductor ETF 0.95% 576,000 $188.0M Add +0.4%
MU Micron Technology Inc. 0.94% 1,106,350 $185.1M Reduce -0.2%
ALL Allstate Corp. 0.81% 742,598 $159.4M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.78% 773,119 $152.8M No change
TMO Thermo Fisher Scientific Inc. 0.75% 304,632 $147.8M Add +77.2%
ABT Abbott Laboratories 0.74% 1,095,288 $146.7M No change
XLB SS Materials Select Sector 0.74% 1,636,350 $146.6M Add +69.3%
PLD Prologis Inc. 0.74% 1,280,377 $146.6M Add +75.5%
APO Apollo Global Management Inc. 0.74% 1,096,396 $146.1M No change
XLV SS Health Care Select Sector 0.72% 1,025,882 $142.8M Add +0.6%
LRCX Lam Research Corp. 0.72% 1,059,280 $141.8M No change
UNH Unitedhealth Group Inc. 0.72% 409,578 $141.4M Add +82.4%
XLC SS Comm Select Sector SPDR 0.70% 1,162,875 $137.6M Reduce -36.7%
XLF SS Financial Select Sector 0.66% 2,403,942 $129.5M Reduce -0.7%
GEHC GE Healthcare Technology 0.65% 1,715,250 $128.8M Add +57.3%
MDLZ Mondelez International Inc. Class A 0.64% 2,013,770 $125.8M No change
KO The Coca-Cola Co. 0.63% 1,872,750 $124.2M No change
TSEM Tower Semiconductor Ltd. 0.63% 1,703,343 $123.2M Reduce -16.0%
CBRE CBRE Group Inc. Class A 0.62% 776,726 $122.4M No change
ADBE Adobe Inc. 0.62% 346,680 $122.3M No change
UNP Union Pacific Corp. 0.58% 487,200 $115.2M No change
SPGI S&P Global Inc. 0.55% 224,011 $109.0M No change
CAT Caterpillar Inc. 0.50% 207,500 $99.0M Reduce -25.9%
UBER Uber Technologies Inc. 0.49% 980,183 $96.0M No change
MCD McDonald's Corp. 0.48% 312,177 $94.9M No change
HWM Howmet Aerospace Inc. 0.44% 440,450 $86.4M Reduce -26.0%
TXN Texas Instruments Inc. 0.43% 464,887 $85.4M No change
PG The Procter & Gamble Co. 0.43% 547,135 $84.1M No change
MS Morgan Stanley 0.43% 527,449 $83.8M Reduce -0.3%
SEDG Solaredge Technologies Inc. 0.40% 2,103,521 $77.8M Add +41.1%
NFLX Netflix Inc. 0.38% 62,500 $74.9M New
GDX Vaneck Gold Miners ETF 0.36% 919,250 $70.2M New
BA The Boeing Co. 0.34% 311,000 $67.1M No change
ARE Alexandria Real Estate Equit 0.31% 735,000 $61.3M New
KMB Kimberly-Clark Corp. 0.28% 450,000 $56.0M New
RRC Range Resources Corp. 0.27% 1,430,000 $53.8M No change
BIRK Birkenstock Holding PLC 0.25% 1,071,000 $48.5M Add +38.9%
GLBE Global-E Online Ltd. 0.24% 1,296,424 $46.4M Add +4543.4%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.21% 454,250 $42.4M No change
ODFL Old Dominion Freight Line 0.21% 300,000 $42.2M No change
KRE SS SPDR S&P Regional Bank 0.17% 527,000 $33.4M Add +3000.0%
SMWB Similarweb Ltd. 0.15% 3,208,394 $29.8M Add +37.9%
ENLT Enlight Renewable Energy Ltd. 0.14% 892,764 $27.8M No change
URGN Urogen Pharma Ltd. 0.12% 1,152,531 $23.0M No change
ELLO Ellomay Capital Ltd. 0.09% 945,000 $17.0M New
WIX Wix.com Ltd. 0.08% 88,252 $15.7M No change
NYAX Nayax Ltd. 0.08% 315,777 $15.0M No change
NVO Novo-Nordisk A/S-Spons ADR 0.08% 270,168 $15.0M No change
TBLA Taboola.com Ltd. 0.07% 4,212,735 $14.4M No change
TCAF T Rowe PRC Cap Appreciation 0.07% 354,329 $13.4M Add +8.8%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.07% 310,856 $13.1M Add +4.1%
MBLY Mobileye Global Inc. Class A 0.06% 830,000 $11.7M No change
DYNF Ishrs US E F R A ETF-Usd Inc. 0.06% 197,062 $11.7M Reduce -7.3%
VFVA Vanguard U.S. Value Factor 0.06% 89,411 $11.4M Reduce -3.9%
VWO Vanguard Ftse Emerging Marke 0.05% 194,680 $10.5M Add +2.1%
AFLG First Trust Active Factor La 0.05% 256,633 $10.0M New
WTV Wisdomtree U.S. Value Fund 0.05% 107,749 $9.8M New
FELG Fidelity Enh LRG Cap GWTH 0.04% 203,631 $8.4M Reduce -3.6%
JGRO JPMorgan Active Growth ETF 0.04% 88,849 $8.3M Add +17.2%
CGGR Cap Group Growth Equity 0.04% 187,745 $8.2M Add +15.6%
DFEM Dimensional Emrg MRKT Core 0.04% 256,853 $8.2M New
DIHP Dimensional International Hi 0.04% 269,421 $8.2M New
QQQ Invesco QQQ Trust Series 1 0.04% 13,493 $8.1M Add +8.5%
VOO Vanguard S&P 500 ETF 0.03% 10,887 $6.7M Reduce -54.6%
TSPA T Rowe Price US Eqy Research 0.03% 158,733 $6.7M Reduce -3.3%
FBCG Fidelity Blue Chip Grow ETF 0.03% 123,533 $6.6M Add +13.6%
THRO iShares U.S. Thematic Rotati 0.03% 174,668 $6.6M New
FFSM Fidelity FNDM SM Mid Cap ETF 0.03% 223,010 $6.5M Reduce -2.0%
SCHG Schwab US Large-Cap Growth 0.03% 196,932 $6.3M No change
RSP Invesco S&P 500 Equal Weight 0.03% 27,765 $5.3M Add +30.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 6,040 $4.0M No change
IWM iShares Russell 2000 ETF 0.02% 16,346 $4.0M Add +42.8%
SHLD Global X Defense Tech ETF 0.01% 22,050 $1.5M No change
MDWD Mediwound Ltd. 0.01% 78,539 $1.4M Add +348.8%
EWJ iShares MSCI Japan ETF 0.01% 16,200 $1.3M Reduce -19.8%
FEZ State Street SPDR Euro Stoxx 0.01% 20,000 $1.2M No change
KWEB Kranesh Csi China Internet 0.01% 29,000 $1.2M Reduce -27.3%
IYT iShares US Transportation Et 0.00% 12,700 $911K No change
ITB iShares U.S. Home Constructi 0.00% 8,000 $858K No change
OIH Vaneck Oil Services ETF 0.00% 3,250 $845K No change
REZ Ishars Res and Multi Reales 0.00% 8,500 $722K No change
VEGI iShares MSCI Agriculture Pro 0.00% 18,000 $706K Add +100.0%
V Visa Inc. Class A 0.00% 2,000 $683K Add +100.0%
KBWP Invesco KBW Property & Casua 0.00% 5,000 $618K New
FLSW Franklin Ftse Switzerland 0.00% 15,200 $583K New
XBI SS SPDR S&P Biotech ETF 0.00% 5,000 $501K No change
HON Honeywell International Inc. 0.00% 2,300 $484K No change
IWF iShares Russell 1000 Growth 0.00% 1,007 $472K No change
NKE Nike Inc. Class B 0.00% 6,000 $418K No change
FCX Freeport-McMoran Inc. 0.00% 10,000 $392K New
FLCA Franklin Ftse Canada ETF 0.00% 8,000 $363K No change
XRT SS SPDR S&P Retail ETF 0.00% 4,000 $345K No change
FLCH Franklin Ftse China ETF 0.00% 13,000 $338K Reduce -27.8%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.00% 3,620 $325K Reduce -99.5%
OTIS Otis Worldwide Corp. 0.00% 3,500 $320K No change
ACWI iShares MSCI Acwi ETF 0.00% 2,290 $317K No change
SLGL Sol-Gel Technologies Ltd. 0.00% 7,611 $222K New
GBLD Invesco MSCI Building ETF 0.00% 10,970 $203K New
EVX Vaneck Environmental Service 0.00% 5,162 $201K New
ICLN iShares Global Clean Energy 0.00% 11,276 $175K Add +0.6%

Options reported separately and not counted above: TBLAW calls ($18K), INNOVID CORP calls ($8K).

Portfolio Sells Q2 2025 → Q3 2025
META Meta Platforms Inc. Class A Reduce -9.0% 3.23% −0.81
TECK Teck Resources Ltd.-CLS B Sold out 0.00% −0.59
IHI iShares U.S. Medical Devices Reduce -18.9% 1.20% −0.55
XLC SS Comm Select Sector SPDR Reduce -36.7% 0.70% −0.45
CF CF Industries Holdings Inc. Reduce -99.5% 0.00% −0.42
NICE Nice Ltd. - Spon ADR Reduce -1.3% 1.20% −0.41
NEE Nextera Energy Inc. Sold out 0.00% −0.29
CROX Crocs Inc. Sold out 0.00% −0.23
XLP SS Consumer Staples Sel Sect Reduce -0.2% 1.32% −0.23
XLRE SS Real Estate Select Sector Sold out 0.00% −0.23
XLY SS Consumer Disc Select Sect Reduce -12.4% 1.15% −0.20
HWM Howmet Aerospace Inc. Reduce -26.0% 0.44% −0.20
CAT Caterpillar Inc. Reduce -25.9% 0.50% −0.12
NVMI Nova Ltd. Reduce -7.9% 1.89% −0.11
XLF SS Financial Select Sector Reduce -0.7% 0.66% −0.07
SPNS Sapiens International Corp. Sold out 0.00% −0.05
FDG American Century Focused DYN Sold out 0.00% −0.05
NUGO Nuveen Growth Opportunities Sold out 0.00% −0.04
VOO Vanguard S&P 500 ETF Reduce -54.6% 0.03% −0.04
AVES Avantis Emerging Markets Val Sold out 0.00% −0.04
ICL Icl Group Ltd. Sold out 0.00% −0.03
DYNF Ishrs US E F R A ETF-Usd Inc. Reduce -7.3% 0.06% −0.01
VFVA Vanguard U.S. Value Factor Reduce -3.9% 0.06% −0.01
MS Morgan Stanley Reduce -0.3% 0.43% −0.00
TSPA T Rowe Price US Eqy Research Reduce -3.3% 0.03% −0.00
ITA iShares U.S. Aerospace & Def Sold out 0.00% −0.00
FFSM Fidelity FNDM SM Mid Cap ETF Reduce -2.0% 0.03% −0.00
FELG Fidelity Enh LRG Cap GWTH Reduce -3.6% 0.04% −0.00
MGIC Magic Software Enterprises Sold out 0.00% −0.00
EWJ iShares MSCI Japan ETF Reduce -19.8% 0.01% −0.00
KWEB Kranesh Csi China Internet Reduce -27.3% 0.01% −0.00
FRNW Fidelity Clean Energy ETF Sold out 0.00% −0.00
KROP Global X FDS Sold out 0.00% −0.00
FLCH Franklin Ftse China ETF Reduce -27.8% 0.00% −0.00
XME SS SPDR S&P Metals Mining Reduce -17.5% 1.09% +0.01
TSEM Tower Semiconductor Ltd. Reduce -16.0% 0.63% +0.12
MU Micron Technology Inc. Reduce -0.2% 0.94% +0.15

Portfolio Buys Q2 2025 → Q3 2025
GOOGL Alphabet Inc. Class A Add +3.6% 5.90% +1.22
XLI SS Industrial Select Sector Add +51.5% 2.76% +0.79
TSLA Tesla Inc. Add +12.4% 1.94% +0.55
AAPL Apple Inc. Add +0.1% 6.18% +0.54
NFLX Netflix Inc. New 0.38% +0.38
GDX Vaneck Gold Miners ETF New 0.36% +0.36
TMO Thermo Fisher Scientific Inc. Add +77.2% 0.75% +0.35
CAMT Camtek Ltd. Add +31.1% 1.12% +0.34
UNH Unitedhealth Group Inc. Add +82.4% 0.72% +0.32
ARE Alexandria Real Estate Equit New 0.31% +0.31
PLD Prologis Inc. Add +75.5% 0.74% +0.30
KMB Kimberly-Clark Corp. New 0.28% +0.28
TEVA Teva Pharmaceutical-SP ADR Add +1.1% 3.99% +0.28
XLB SS Materials Select Sector Add +69.3% 0.74% +0.26
GLBE Global-E Online Ltd. Add +4543.4% 0.24% +0.23
SEDG Solaredge Technologies Inc. Add +41.1% 0.40% +0.22
BRK.B Berkshire Hathaway Inc. Class B Add +28.0% 1.46% +0.21
XLE SS Energy Select Sector Add +22.9% 1.64% +0.21
GEHC GE Healthcare Technology Add +57.3% 0.65% +0.19
KRE SS SPDR S&P Regional Bank Add +3000.0% 0.17% +0.16
ELLO Ellomay Capital Ltd. New 0.09% +0.09
AFLG First Trust Active Factor La New 0.05% +0.05
WTV Wisdomtree U.S. Value Fund New 0.05% +0.05
SMWB Similarweb Ltd. Add +37.9% 0.15% +0.05
DFEM Dimensional Emrg MRKT Core New 0.04% +0.04
DIHP Dimensional International Hi New 0.04% +0.04
SMH Vaneck Semiconductor ETF Add +0.4% 0.95% +0.03
LLY Eli Lilly & Co. Add +19.3% 1.14% +0.03
THRO iShares U.S. Thematic Rotati New 0.03% +0.03
BIRK Birkenstock Holding PLC Add +38.9% 0.25% +0.03
IWM iShares Russell 2000 ETF Add +42.8% 0.02% +0.01
MDWD Mediwound Ltd. Add +348.8% 0.01% +0.01
JGRO JPMorgan Active Growth ETF Add +17.2% 0.04% +0.00
RSP Invesco S&P 500 Equal Weight Add +30.6% 0.03% +0.00
CGGR Cap Group Growth Equity Add +15.6% 0.04% +0.00
FBCG Fidelity Blue Chip Grow ETF Add +13.6% 0.03% +0.00
KBWP Invesco KBW Property & Casua New 0.00% +0.00
FLSW Franklin Ftse Switzerland New 0.00% +0.00
FCX Freeport-McMoran Inc. New 0.00% +0.00
QQQ Invesco QQQ Trust Series 1 Add +8.5% 0.04% +0.00
TCAF T Rowe PRC Cap Appreciation Add +8.8% 0.07% +0.00
VEGI iShares MSCI Agriculture Pro Add +100.0% 0.00% +0.00
V Visa Inc. Class A Add +100.0% 0.00% +0.00
SLGL Sol-Gel Technologies Ltd. New 0.00% +0.00
GBLD Invesco MSCI Building ETF New 0.00% +0.00
EVX Vaneck Environmental Service New 0.00% +0.00
ICLN iShares Global Clean Energy Add +0.6% 0.00% 0.00
VWO Vanguard Ftse Emerging Marke Add +2.1% 0.05% −0.00
CGDV Cap Group Dividend Value Add +4.1% 0.07% −0.00
XLK SS Technology Select Sector Add +0.2% 1.32% −0.02

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