Migdal Insurance & Financial Holdings Ltd.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Migdal Insurance & Financial Holdings Ltd. reported 363 stock positions worth $15.6 billion. Its top holding was Teva Pharmaceutical-SP ADR (TEVA) at 8.4% of the portfolio, followed by SS Technology Select Sector (XLK, 6.9%) and SS Industrial Select Sector (XLI, 5.9%). Compared with Q1 2026, it opened 79 new positions, sold out of 76, added to 104 and reduced 97. The biggest buy was SS Technology Select Sector (XLK, shares +31%) and the biggest sale an exit from Invesco S&P 500 Equal Weight (RSP).
- Most Recent 13F
- Q2 2026
- Location
- Petach Tikva, L3
- CIK
- 0001415912
- Portfolio Value
- $15.6B (Q2 2026)
- SEC Filing
- 0001178913-26-003988 ↗ filed Aug 10, 2026
Holdings Value
Holdings 363 stocks · $15.6B
| TEVA Teva Pharmaceutical-SP ADR | 8.44% | 38,922,212 | $1.3B | Add +2.7% |
| XLK SS Technology Select Sector | 6.88% | 5,647,173 | $1.1B | Add +31.4% |
| XLI SS Industrial Select Sector | 5.87% | 4,955,697 | $917.9M | Add +23.6% |
| NVMI Nova Ltd. | 5.63% | 1,620,657 | $879.9M | Add +3.3% |
| GOOG Alphabet Inc. Class C | 5.04% | 2,228,776 | $787.5M | Add +45.2% |
| SMH Vaneck Semiconductor ETF | 4.17% | 992,691 | $651.1M | Add +30.5% |
| NVDA Nvidia Corp. | 3.23% | 2,522,968 | $504.8M | Add +30.6% |
| TSEM Tower Semiconductor Ltd. | 2.89% | 1,730,723 | $451.1M | Reduce -14.1% |
| AMZN Amazon.com Inc. | 2.85% | 1,870,900 | $445.9M | Add +31.0% |
| CAMT Camtek Ltd. | 2.76% | 2,648,396 | $432.0M | Add +37.3% |
| XLY SS Consumer Disc Select Sect | 2.42% | 3,231,019 | $378.9M | Add +9.1% |
| XLC SS Comm Select Sector SPDR | 2.34% | 3,407,164 | $365.0M | Add +23.7% |
| MSFT Microsoft Corp. | 2.26% | 945,938 | $352.8M | Add +149.1% |
| AAPL Apple Inc. | 1.98% | 1,070,700 | $309.8M | Add +15.4% |
| MU Micron Technology Inc. | 1.87% | 253,106 | $292.2M | Reduce -25.2% |
| META Meta Platforms Inc. Class A | 1.77% | 490,773 | $276.4M | Add +48.9% |
| AMAT Applied Materials Inc. | 1.63% | 351,313 | $254.0M | Reduce -13.3% |
| PANW Palo Alto Networks Inc. | 1.60% | 731,523 | $249.4M | Add +126.0% |
| KBWB Invesco KBW Bank ETF | 1.57% | 2,642,750 | $245.7M | Add +22.1% |
| XLE SS Energy Select Sector | 1.56% | 4,589,946 | $243.8M | Add +257.9% |
| TSM Taiwan Semiconductor-SP ADR | 1.50% | 489,910 | $234.4M | Reduce -45.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.37% | 1,965,000 | $214.3M | No change |
| EWY iShares MSCI South Korea ETF | 1.32% | 1,023,178 | $206.6M | Reduce -26.8% |
| LRCX Lam Research Corp. | 1.07% | 385,544 | $167.2M | Reduce -50.2% |
| TSLA Tesla Inc. | 1.05% | 390,184 | $164.1M | Add +33.5% |
| XLV SS Health Care Select Sector | 1.05% | 1,033,549 | $164.0M | Add +52.0% |
| ENLT Enlight Renewable Energy Ltd. | 0.93% | 1,630,721 | $145.2M | No change |
| CQQQ Invesco China Technology ETF | 0.93% | 2,539,000 | $144.8M | No change |
| AVGO Broadcom Inc. | 0.92% | 382,416 | $144.5M | Add +33.9% |
| ABBV Abbvie Inc. | 0.91% | 562,561 | $141.6M | Add +36.5% |
| AMD Advanced Micro Devices | 0.86% | 231,000 | $134.2M | New |
| QQQM Invesco Nasdaq 100 ETF | 0.84% | 432,731 | $131.1M | Add +1222.1% |
| ORA Ormat Technologies Inc. | 0.84% | 1,201,526 | $130.8M | Add +3.4% |
| AZN Astrazeneca PLC | 0.82% | 676,000 | $127.6M | Add +136.4% |
| JPM JPMorgan Chase & Co. | 0.79% | 375,197 | $122.8M | Reduce -34.0% |
| IGV iShares Expanded Tech-Softwa | 0.77% | 1,324,838 | $120.0M | Add +199.0% |
| GDX Vaneck Gold Miners ETF | 0.71% | 1,480,000 | $111.7M | Add +8.8% |
| VRT Vertiv Holdings Co. Class A | 0.69% | 320,066 | $107.2M | Add +25.4% |
| XLF SS Financial Select Sector | 0.65% | 1,887,945 | $101.2M | Reduce -0.3% |
| SEDG Solaredge Technologies Inc. | 0.63% | 1,691,340 | $98.8M | Add +78.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.61% | 2,110,205 | $95.7M | Reduce -38.9% |
| MRK Merck & Co. Inc. | 0.60% | 730,035 | $94.3M | Add +135.5% |
| V Visa Inc. Class A | 0.60% | 272,975 | $93.7M | Add +179.9% |
| XME SS SPDR S&P Metals Mining | 0.57% | 830,230 | $88.8M | No change |
| XLB SS Materials Select Sector | 0.55% | 1,696,180 | $86.2M | Reduce -0.3% |
| NOW ServiceNow Inc. | 0.55% | 865,892 | $86.0M | Add +41310.4% |
| LMT Lockheed Martin Corp. | 0.52% | 158,939 | $81.0M | Add +27.9% |
| CEG Constellation Energy | 0.52% | 325,080 | $80.7M | Add +377900.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.51% | 285,327 | $80.2M | Add +87156.0% |
| GILD Gilead Sciences Inc. | 0.49% | 604,000 | $76.3M | Add +36.0% |
| NICE Nice Ltd. - Spon ADR | 0.44% | 756,270 | $68.7M | Reduce -17.9% |
| SNDK Sandisk Corp. | 0.44% | 30,000 | $68.2M | Reduce -63.0% |
| ORCL Oracle Corp. | 0.43% | 456,718 | $66.9M | Add +97074.0% |
| SNOW Snowflake Inc. | 0.38% | 235,000 | $59.8M | New |
| NOC Northrop Grumman Corp. | 0.36% | 112,000 | $57.0M | Add +12.0% |
| PSUS Pershing Square USA Ltd. | 0.36% | 1,500,000 | $56.1M | New |
| CCJ Cameco Corp. | 0.33% | 509,693 | $51.9M | Reduce -22.7% |
| GLW Corning Inc. | 0.33% | 202,308 | $51.7M | Add +102.3% |
| TT Trane Technologies PLC | 0.32% | 102,000 | $50.1M | Add +104.0% |
| ETN Eaton Corp. PLC | 0.31% | 112,000 | $47.7M | Reduce -45.9% |
| CRDO Credo Technology Group Holdi | 0.27% | 153,000 | $41.6M | New |
| INTC Intel Corp. | 0.26% | 288,209 | $40.2M | Reduce -60.0% |
| MDB Mongodb Inc. | 0.26% | 119,000 | $40.0M | New |
| STX Seagate Technology Holdings | 0.24% | 39,500 | $38.2M | Reduce -51.2% |
| MS Morgan Stanley | 0.24% | 181,083 | $37.9M | Reduce -0.1% |
| COHR Coherent Corp. | 0.21% | 81,729 | $32.2M | Add +45.9% |
| SPIB SS SPDR P Int C Corp. ETF | 0.20% | 927,502 | $31.0M | Add +8.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.18% | 39,470 | $28.9M | Reduce -9.1% |
| URGN Urogen Pharma Ltd. | 0.18% | 770,909 | $28.4M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.18% | 292,537 | $28.4M | Add +0.6% |
| GLBE Global-E Online Ltd. | 0.16% | 705,000 | $24.5M | Reduce -21.2% |
| ESLT Elbit Systems Ltd. | 0.16% | 32,100 | $24.4M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.15% | 32,139 | $23.6M | Add +2.9% |
| TATT Tat Technologies Ltd. | 0.14% | 470,025 | $22.7M | No change |
| NTR Nutrien Ltd. | 0.13% | 327,500 | $20.8M | Reduce -29.2% |
| MELI MercadoLibre Inc. | 0.13% | 12,000 | $20.4M | No change |
| IYW iShares Ustechnology ETF | 0.13% | 80,582 | $20.3M | Add +0.3% |
| NYAX Nayax Ltd. | 0.13% | 300,000 | $19.7M | No change |
| CHKP Check Point Software Tech | 0.12% | 140,000 | $18.4M | Reduce -30.0% |
| PS Pershing Square Inc. | 0.09% | 450,000 | $14.8M | New |
| GILT Gilat Satellite Networks Ltd. | 0.09% | 1,091,053 | $14.5M | No change |
| QLTA iShares Aaa - A Rated Corpor | 0.09% | 283,943 | $13.5M | Add +5.8% |
| BSJQ Invesco Bulletshares 2026 HY | 0.08% | 560,867 | $12.9M | Add +2.4% |
| SPCX Space Exploration Techn Class A | 0.08% | 75,000 | $12.8M | New |
| PERI Perion Network Ltd. | 0.08% | 1,287,102 | $12.5M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.07% | 51,084 | $11.1M | Reduce -3.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.07% | 125,005 | $10.5M | Reduce -5.7% |
| MINT PIMCO Enhanced Short Maturit | 0.04% | 69,234 | $7.0M | Add +30.3% |
| SOXX iShares Semiconductor ETF | 0.04% | 11,043 | $6.8M | Add +29.9% |
| EEM iShares MSCI Emerging Market | 0.04% | 99,516 | $6.8M | Reduce -5.0% |
| GOOGL Alphabet Inc. Class A | 0.04% | 18,394 | $6.5M | Reduce -0.8% |
| TIP iShares Tips Bond ETF | 0.04% | 57,153 | $6.3M | Add +6.9% |
| TLH iShares 10-20 Year Treasury | 0.03% | 50,964 | $5.1M | Reduce -41.1% |
| ACWI iShares MSCI Acwi ETF | 0.03% | 32,261 | $5.1M | Add +0.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.03% | 62,328 | $4.9M | Add +40.9% |
| CSCO Cisco Systems Inc. | 0.03% | 40,648 | $4.8M | Reduce -1.3% |
| GRID First TRST Nasd Class Edg Sgiif | 0.03% | 25,078 | $4.7M | Add +14.7% |
| LMBS First Trust Low Duration Opp | 0.03% | 87,761 | $4.4M | Add +8.5% |
| IEI iShares 3-7 Year Treasury Bo | 0.03% | 36,351 | $4.3M | Add +28522.8% |
| SPMO Invesco S&P 500 Momentum ETF | 0.03% | 26,205 | $4.2M | Reduce -44.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $435K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 573,000 | $435K | New |
Total filed on the 13F, all lines: $15.6B.
Portfolio Sells Q1 2026 → Q2 2026
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −3.16 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -45.5% | 1.50% | −1.14 |
| LLY Eli Lilly & Co. | Reduce -98.9% | 0.01% | −0.98 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -38.9% | 0.61% | −0.76 |
| JPM JPMorgan Chase & Co. | Reduce -34.0% | 0.79% | −0.66 |
| KWEB Kranesh Csi China Internet | Reduce -98.7% | 0.01% | −0.60 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.50 |
| NICE Nice Ltd. - Spon ADR | Reduce -17.9% | 0.44% | −0.44 |
| LRCX Lam Research Corp. | Reduce -50.2% | 1.07% | −0.37 |
| ETN Eaton Corp. PLC | Reduce -45.9% | 0.31% | −0.34 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.31 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.31 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.30 |
| CCJ Cameco Corp. | Reduce -22.7% | 0.33% | −0.29 |
| TER Teradyne Inc. | Sold out | 0.00% | −0.28 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.27 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.27 |
| MCHP Microchip Technology Inc. | Reduce -98.4% | 0.00% | −0.25 |
| MA Mastercard Inc. Class A | Reduce -100.0% | 0.00% | −0.24 |
| XLB SS Materials Select Sector | Reduce -0.3% | 0.55% | −0.19 |
| TSEM Tower Semiconductor Ltd. | Reduce -14.1% | 2.89% | −0.18 |
| NTR Nutrien Ltd. | Reduce -29.2% | 0.13% | −0.17 |
| EWY iShares MSCI South Korea ETF | Reduce -26.8% | 1.32% | −0.17 |
| XLF SS Financial Select Sector | Reduce -0.3% | 0.65% | −0.16 |
| JEF Jefferies Financial Group Inc. | Sold out | 0.00% | −0.14 |
| CHKP Check Point Software Tech | Reduce -30.0% | 0.12% | −0.13 |
| LITE Lumentum Holdings Inc. | Reduce -99.0% | 0.00% | −0.12 |
| CIEN Ciena Corp. | Reduce -99.3% | 0.00% | −0.11 |
| GLBE Global-E Online Ltd. | Reduce -21.2% | 0.16% | −0.08 |
| VOO Vanguard S&P 500 ETF | Reduce -78.1% | 0.01% | −0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.1% | 0.18% | −0.06 |
| TLH iShares 10-20 Year Treasury | Reduce -41.1% | 0.03% | −0.04 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -77.1% | 0.01% | −0.03 |
| XAR SS SPDR S&P Aerospace Def | Reduce -97.1% | 0.00% | −0.03 |
| STX Seagate Technology Holdings | Reduce -51.2% | 0.24% | −0.03 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −0.03 |
| XRT SS SPDR S&P Retail ETF | Sold out | 0.00% | −0.02 |
| FEZ State Street SPDR Euro Stoxx | Reduce -52.8% | 0.01% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -5.7% | 0.07% | −0.02 |
| SPMO Invesco S&P 500 Momentum ETF | Reduce -44.8% | 0.03% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -3.0% | 0.07% | −0.02 |
| INTC Intel Corp. | Reduce -60.0% | 0.26% | −0.02 |
| MS Morgan Stanley | Reduce -0.1% | 0.24% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.01 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -25.0% | 0.02% | −0.01 |
| EPI Wisdomtree India Earnings | Sold out | 0.00% | −0.01 |
| SNDK Sandisk Corp. | Reduce -63.0% | 0.44% | −0.01 |
| RSSL Global X Russell 2000 ETF | Sold out | 0.00% | −0.01 |
| QMMY FT NDQ100 Mod Buff ETF - May | Reduce -9.5% | 0.02% | −0.01 |
| IEF iShares 7-10 Year Treasury B | Reduce -1.0% | 0.02% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| XLK SS Technology Select Sector | Add +31.4% | 6.88% | +1.93 |
| SMH Vaneck Semiconductor ETF | Add +30.5% | 4.17% | +1.64 |
| GOOG Alphabet Inc. Class C | Add +45.2% | 5.04% | +1.22 |
| PANW Palo Alto Networks Inc. | Add +126.0% | 1.60% | +1.15 |
| MSFT Microsoft Corp. | Add +149.1% | 2.26% | +1.04 |
| XLE SS Energy Select Sector | Add +257.9% | 1.56% | +0.88 |
| AMD Advanced Micro Devices | New | 0.86% | +0.86 |
| QQQM Invesco Nasdaq 100 ETF | Add +1222.1% | 0.84% | +0.77 |
| NOW ServiceNow Inc. | Add +41310.4% | 0.55% | +0.55 |
| CEG Constellation Energy | Add +377900.0% | 0.52% | +0.52 |
| IBM Intl Business Machines Corp. | Add +87156.0% | 0.51% | +0.51 |
| IGV iShares Expanded Tech-Softwa | Add +199.0% | 0.77% | +0.46 |
| ORCL Oracle Corp. | Add +97074.0% | 0.43% | +0.43 |
| SNOW Snowflake Inc. | New | 0.38% | +0.38 |
| PSUS Pershing Square USA Ltd. | New | 0.36% | +0.36 |
| V Visa Inc. Class A | Add +179.9% | 0.60% | +0.34 |
| AZN Astrazeneca PLC | Add +136.4% | 0.82% | +0.33 |
| NVDA Nvidia Corp. | Add +30.6% | 3.23% | +0.31 |
| MRK Merck & Co. Inc. | Add +135.5% | 0.60% | +0.28 |
| AMZN Amazon.com Inc. | Add +31.0% | 2.85% | +0.27 |
| CRDO Credo Technology Group Holdi | New | 0.27% | +0.27 |
| MDB Mongodb Inc. | New | 0.26% | +0.26 |
| XLI SS Industrial Select Sector | Add +23.6% | 5.87% | +0.25 |
| CAMT Camtek Ltd. | Add +37.3% | 2.76% | +0.23 |
| SEDG Solaredge Technologies Inc. | Add +78.8% | 0.63% | +0.21 |
| GLW Corning Inc. | Add +102.3% | 0.33% | +0.21 |
| XLV SS Health Care Select Sector | Add +52.0% | 1.05% | +0.18 |
| AVGO Broadcom Inc. | Add +33.9% | 0.92% | +0.16 |
| TT Trane Technologies PLC | Add +104.0% | 0.32% | +0.14 |
| META Meta Platforms Inc. Class A | Add +48.9% | 1.77% | +0.13 |
| VRT Vertiv Holdings Co. Class A | Add +25.4% | 0.69% | +0.13 |
| ABBV Abbvie Inc. | Add +36.5% | 0.91% | +0.13 |
| TSLA Tesla Inc. | Add +33.5% | 1.05% | +0.11 |
| PS Pershing Square Inc. | New | 0.09% | +0.09 |
| COHR Coherent Corp. | Add +45.9% | 0.21% | +0.09 |
| KBWB Invesco KBW Bank ETF | Add +22.1% | 1.57% | +0.09 |
| SPCX Space Exploration Techn Class A | New | 0.08% | +0.08 |
| IEI iShares 3-7 Year Treasury Bo | Add +28522.8% | 0.03% | +0.03 |
| SOXX iShares Semiconductor ETF | Add +29.9% | 0.04% | +0.02 |
| MRVL Marvell Technology Inc. | Add +8.2% | 0.02% | +0.01 |
| ITB iShares U.S. Home Constructi | New | 0.01% | +0.01 |
| KBE SS SPDR S&P Bank ETF | New | 0.01% | +0.01 |
| KLAC KLA Corp. | Add +141.2% | 0.02% | +0.01 |
| TBLA Taboola.com Ltd. | New | 0.01% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +425.8% | 0.01% | +0.01 |
| MPWR Monolithic Power Systems Inc. | Add +911.1% | 0.01% | +0.01 |
| QCOM Qualcomm Inc. | Add +147.6% | 0.01% | +0.01 |
| ON On Semiconductor | Add +867.5% | 0.00% | +0.00 |
| FLKR Franklin Ftse South Korea | Add +63.0% | 0.01% | +0.00 |
| IYW iShares Ustechnology ETF | Add +0.3% | 0.13% | +0.00 |
Options Activity Q1 2026 → Q2 2026
| CONSTELLATION ENERGY CORP | call | Sold out | 4,800 | $4.8Mbefore exit |
| CONSTELLATION ENERGY CORP | put | Sold out | 2,700 | $532Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2026 → Q2 2026
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | New | 573,000 | $435K |
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 | 363 | $15.6B | TEVA, XLK, XLI, NVMI, GOOG |
| Q1 2026 | 360 | $11.5B | TEVA, NVMI, XLI, XLK, GOOG |
| Q4 2025 | 346 | $11.6B | TEVA, QQQM, XLK, XLI, NVMI |
| Q3 2025 | 324 | $9.3B | TEVA, XLI, XLK, NVMI, META |
| Q2 2025Amended | 357 | $8.4B | XLK, XLI, TEVA, KBWB, NVMI |
| Q1 2025 | 407 | $7.1B | TEVA, XLI, XLF, XLK, NICE |
| Q4 2024 | 388 | $7.0B | TEVA, XLI, XLF, IGV, NVMI |
| Q3 2024 | 446 | $6.2B | TEVA, IGV, XLU, NICE, XLI |
| Q2 2024 | 503 | $6.0B | TEVA, XLC, XLI, NVMI, IGV |
| Q1 2024 | 399 | $6.2B | VTWO, TEVA, NICE, IGV, XLI |