Migdal Insurance & Financial Holdings Ltd.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Migdal Insurance & Financial Holdings Ltd. reported 360 stock positions worth $11.5 billion. Its top holding was Teva Pharmaceutical-SP ADR (TEVA) at 9.9% of the portfolio, followed by Nova (NVMI, 5.9%) and SS Industrial Select Sector (XLI, 5.6%). Compared with Q4 2025, it opened 88 new positions, sold out of 74, added to 95 and reduced 107. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +9518%) and the biggest sale Invesco Nasdaq 100 ETF (QQQM, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- Petach Tikva, L3
- CIK
- 0001415912
- Portfolio Value
- $11.5B (Q1 2026)
- SEC Filing
- 0001178913-26-002681 ↗ filed May 14, 2026
Holdings Value
Holdings 360 stocks · $11.5B
| TEVA Teva Pharmaceutical-SP ADR | 9.90% | 37,902,212 | $1.1B | Add +1.3% |
| NVMI Nova Ltd. | 5.91% | 1,568,657 | $681.2M | Add +5.0% |
| XLI SS Industrial Select Sector | 5.63% | 4,011,198 | $648.7M | Add +22.9% |
| XLK SS Technology Select Sector | 4.95% | 4,296,822 | $571.0M | Reduce -15.0% |
| GOOG Alphabet Inc. Class C | 3.82% | 1,535,050 | $440.3M | Add +16.0% |
| RSP Invesco S&P 500 Equal Weight | 3.16% | 1,900,000 | $364.6M | Add +9517.8% |
| TSEM Tower Semiconductor Ltd. | 3.07% | 2,015,506 | $353.7M | Reduce -32.9% |
| NVDA Nvidia Corp. | 2.92% | 1,931,281 | $336.8M | Reduce -0.5% |
| XLY SS Consumer Disc Select Sect | 2.80% | 2,960,332 | $322.6M | Add +4.2% |
| XLC SS Comm Select Sector SPDR | 2.65% | 2,755,184 | $305.4M | Reduce -1.3% |
| TSM Taiwan Semiconductor-SP ADR | 2.64% | 898,092 | $304.4M | Reduce -25.6% |
| AMZN Amazon.com Inc. | 2.58% | 1,428,130 | $297.4M | Reduce -12.9% |
| CAMT Camtek Ltd. | 2.54% | 1,928,396 | $292.4M | Add +46.3% |
| SMH Vaneck Semiconductor ETF | 2.53% | 760,447 | $291.5M | Add +88.5% |
| AAPL Apple Inc. | 2.04% | 927,700 | $235.4M | Add +37.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.86% | 1,965,000 | $214.2M | No change |
| META Meta Platforms Inc. Class A | 1.64% | 329,583 | $188.6M | Reduce -39.1% |
| EWY iShares MSCI South Korea ETF | 1.49% | 1,397,500 | $171.9M | Add +46796.0% |
| KBWB Invesco KBW Bank ETF | 1.49% | 2,163,750 | $171.2M | No change |
| JPM JPMorgan Chase & Co. | 1.45% | 568,434 | $167.2M | Add +126.1% |
| LRCX Lam Research Corp. | 1.44% | 774,687 | $165.7M | Add +268.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.37% | 3,451,740 | $158.4M | Reduce -61.9% |
| MSFT Microsoft Corp. | 1.22% | 379,779 | $140.5M | Add +0.6% |
| AMAT Applied Materials Inc. | 1.20% | 405,000 | $138.4M | Reduce -21.2% |
| ORA Ormat Technologies Inc. | 1.13% | 1,161,526 | $130.0M | Add +31.0% |
| GDX Vaneck Gold Miners ETF | 1.08% | 1,360,000 | $124.8M | New |
| CQQQ Invesco China Technology ETF | 1.01% | 2,539,000 | $116.8M | Add +39.1% |
| MU Micron Technology Inc. | 0.99% | 338,307 | $114.3M | Add +10361.0% |
| LLY Eli Lilly & Co. | 0.99% | 124,269 | $114.3M | Add +16.9% |
| ENLT Enlight Renewable Energy Ltd. | 0.97% | 1,630,721 | $111.3M | No change |
| TSLA Tesla Inc. | 0.94% | 292,205 | $108.6M | Add +80.2% |
| NICE Nice Ltd. - Spon ADR | 0.88% | 921,270 | $101.6M | Reduce -44.0% |
| XLV SS Health Care Select Sector | 0.86% | 680,149 | $99.7M | Add +112.2% |
| XLF SS Financial Select Sector | 0.81% | 1,893,809 | $93.5M | Reduce -59.2% |
| XME SS SPDR S&P Metals Mining | 0.78% | 830,230 | $89.7M | New |
| ABBV Abbvie Inc. | 0.78% | 412,152 | $89.6M | Add +24.3% |
| AVGO Broadcom Inc. | 0.77% | 285,561 | $88.4M | Reduce -26.9% |
| XLB SS Materials Select Sector | 0.74% | 1,700,551 | $85.0M | Add +3.7% |
| XLE SS Energy Select Sector | 0.68% | 1,282,511 | $78.6M | Add +6977.1% |
| LMT Lockheed Martin Corp. | 0.65% | 124,220 | $75.1M | Add +12893.7% |
| ETN Eaton Corp. PLC | 0.64% | 207,000 | $74.0M | Add +298.1% |
| CCJ Cameco Corp. | 0.62% | 659,385 | $71.6M | Reduce -11.5% |
| KWEB Kranesh Csi China Internet | 0.61% | 2,462,469 | $70.0M | Reduce -32.0% |
| NOC Northrop Grumman Corp. | 0.59% | 100,000 | $68.2M | Add +3233.3% |
| VRT Vertiv Holdings Co. Class A | 0.55% | 255,172 | $63.9M | New |
| GILD Gilead Sciences Inc. | 0.54% | 444,000 | $61.9M | Add +71.4% |
| XBI SS SPDR S&P Biotech ETF | 0.50% | 450,000 | $57.5M | New |
| AZN Astrazeneca PLC | 0.48% | 286,000 | $55.9M | Add +194.8% |
| PANW Palo Alto Networks Inc. | 0.45% | 323,730 | $51.9M | Add +148.3% |
| SNDK Sandisk Corp. | 0.45% | 81,000 | $51.5M | New |
| SEDG Solaredge Technologies Inc. | 0.42% | 946,186 | $48.3M | Add +73.7% |
| MRK Merck & Co. Inc. | 0.33% | 310,002 | $37.6M | New |
| BABA Alibaba Group Holding-SP ADR | 0.32% | 290,898 | $36.5M | Add +0.8% |
| WDC Western Digital Corp. | 0.31% | 134,000 | $36.2M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.31% | 730,000 | $35.6M | No change |
| IGV iShares Expanded Tech-Softwa | 0.31% | 443,036 | $35.5M | Reduce -83.7% |
| NTR Nutrien Ltd. | 0.30% | 462,500 | $35.2M | New |
| UBER Uber Technologies Inc. | 0.30% | 480,000 | $34.5M | Add +1.1% |
| TER Teradyne Inc. | 0.28% | 110,322 | $32.7M | Add +39441.9% |
| STX Seagate Technology Holdings | 0.28% | 81,000 | $31.8M | New |
| INTC Intel Corp. | 0.28% | 719,879 | $31.8M | Add +10364.9% |
| BSX Boston Scientific Corp. | 0.27% | 500,000 | $31.4M | New |
| TXN Texas Instruments Inc. | 0.27% | 159,127 | $30.9M | Add +14019.5% |
| MS Morgan Stanley | 0.26% | 181,208 | $29.8M | Reduce -0.1% |
| MCHP Microchip Technology Inc. | 0.26% | 457,301 | $29.5M | Add +52403.0% |
| V Visa Inc. Class A | 0.26% | 97,527 | $29.5M | Add +0.1% |
| SPIB SS SPDR P Int C Corp. ETF | 0.25% | 859,071 | $28.8M | Reduce -9.9% |
| CHKP Check Point Software Tech | 0.25% | 200,000 | $28.6M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.24% | 43,414 | $28.2M | Reduce -7.0% |
| GLBE Global-E Online Ltd. | 0.24% | 895,000 | $27.6M | Add +15.5% |
| MA Mastercard Inc. Class A | 0.24% | 55,122 | $27.5M | Add +0.1% |
| ESLT Elbit Systems Ltd. | 0.24% | 32,100 | $27.3M | No change |
| TT Trane Technologies PLC | 0.18% | 50,000 | $20.8M | New |
| MELI MercadoLibre Inc. | 0.18% | 12,000 | $20.7M | New |
| TATT Tat Technologies Ltd. | 0.17% | 470,025 | $19.1M | Add +21.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.16% | 31,221 | $18.0M | Reduce -5.7% |
| NYAX Nayax Ltd. | 0.15% | 300,000 | $16.8M | No change |
| JEF Jefferies Financial Group Inc. | 0.14% | 398,000 | $16.4M | No change |
| GILT Gilat Satellite Networks Ltd. | 0.14% | 1,091,053 | $16.4M | No change |
| IYW iShares Ustechnology ETF | 0.13% | 80,351 | $14.6M | Add +0.6% |
| LITE Lumentum Holdings Inc. | 0.12% | 20,000 | $14.1M | New |
| URGN Urogen Pharma Ltd. | 0.12% | 770,909 | $13.9M | No change |
| GLW Corning Inc. | 0.12% | 100,000 | $13.6M | Add +25280.7% |
| COHR Coherent Corp. | 0.12% | 56,000 | $13.3M | Add +15542.5% |
| CIEN Ciena Corp. | 0.11% | 34,000 | $13.2M | Add +4661.9% |
| PERI Perion Network Ltd. | 0.11% | 1,287,102 | $12.9M | No change |
| QLTA iShares Aaa - A Rated Corpor | 0.11% | 268,251 | $12.8M | Add +2.4% |
| BSJQ Invesco Bulletshares 2026 HY | 0.11% | 547,860 | $12.7M | Add +1.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.09% | 52,646 | $10.3M | Add +6.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.09% | 132,561 | $10.0M | Add +83.1% |
| VOO Vanguard S&P 500 ETF | 0.08% | 15,635 | $9.3M | Reduce -3.8% |
| TLH iShares 10-20 Year Treasury | 0.08% | 86,496 | $8.7M | Reduce -2.9% |
| QQQM Invesco Nasdaq 100 ETF | 0.07% | 32,731 | $7.8M | Reduce -98.9% |
| EEM iShares MSCI Emerging Market | 0.05% | 104,784 | $5.9M | Add +91.6% |
| TIP iShares Tips Bond ETF | 0.05% | 53,462 | $5.9M | Add +4.3% |
| MINT PIMCO Enhanced Short Maturit | 0.05% | 53,141 | $5.3M | Reduce -1.2% |
| SPMO Invesco S&P 500 Momentum ETF | 0.05% | 47,506 | $5.3M | Add +6.8% |
| GOOGL Alphabet Inc. Class A | 0.04% | 18,535 | $5.2M | Add +3.5% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.04% | 62,845 | $4.9M | New |
| ACWI iShares MSCI Acwi ETF | 0.04% | 32,260 | $4.5M | Add +309.6% |
Options reported separately and not counted above: CONSTELLATION ENERGY CORP calls ($4.8M), CONSTELLATION ENERGY CORP puts ($532K).
Portfolio Sells Q4 2025 → Q1 2026
| QQQM Invesco Nasdaq 100 ETF | Reduce -98.9% | 0.07% | −6.67 |
| IGV iShares Expanded Tech-Softwa | Reduce -83.7% | 0.31% | −2.16 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -61.9% | 1.37% | −1.95 |
| META Meta Platforms Inc. Class A | Reduce -39.1% | 1.64% | −1.44 |
| XLF SS Financial Select Sector | Reduce -59.2% | 0.81% | −1.38 |
| XLK SS Technology Select Sector | Reduce -15.0% | 4.95% | −1.30 |
| EPI Wisdomtree India Earnings | Reduce -98.3% | 0.01% | −0.82 |
| CEG Constellation Energy | Reduce -100.0% | 0.00% | −0.76 |
| NICE Nice Ltd. - Spon ADR | Reduce -44.0% | 0.88% | −0.72 |
| AMZN Amazon.com Inc. | Reduce -12.9% | 2.58% | −0.67 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -25.6% | 2.64% | −0.52 |
| KWEB Kranesh Csi China Internet | Reduce -32.0% | 0.61% | −0.45 |
| ITB iShares U.S. Home Constructi | Sold out | 0.00% | −0.44 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.44 |
| ORCL Oracle Corp. | Reduce -99.8% | 0.00% | −0.43 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.43 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.41 |
| XLRE SS Real Estate Select Sector | Reduce -99.8% | 0.00% | −0.40 |
| AVGO Broadcom Inc. | Reduce -26.9% | 0.77% | −0.40 |
| FLIN Franklin Ftse India ETF | Sold out | 0.00% | −0.38 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.29 |
| CLBT Cellebrite Di Ltd. | Sold out | 0.00% | −0.21 |
| VRNS Varonis Systems Inc. | Reduce -96.3% | 0.01% | −0.20 |
| SMWB Similarweb Ltd. | Sold out | 0.00% | −0.20 |
| NVDA Nvidia Corp. | Reduce -0.5% | 2.92% | −0.19 |
| ADBE Adobe Inc. | Reduce -98.9% | 0.00% | −0.19 |
| MBLY Mobileye Global Inc. Class A | Sold out | 0.00% | −0.18 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.18 |
| XLC SS Comm Select Sector SPDR | Reduce -1.3% | 2.65% | −0.18 |
| SSYS Stratasys Ltd. | Sold out | 0.00% | −0.16 |
| FROG Jfrog Ltd. | Sold out | 0.00% | −0.15 |
| TBLA Taboola.com Ltd. | Sold out | 0.00% | −0.13 |
| CORP PIMCO Inv Grade Corp. BD ETF | Sold out | 0.00% | −0.12 |
| JNK SS SPDR BB High Yield Bond | Reduce -79.0% | 0.03% | −0.10 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −0.10 |
| ODD Oddity Tech Ltd. Class A | Sold out | 0.00% | −0.10 |
| SNPE Xtrckr S&P 500 Scor&scrn ETF | Sold out | 0.00% | −0.06 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -95.1% | 0.00% | −0.05 |
| SPTI SS SPDR P Int Term TSY ETF | Sold out | 0.00% | −0.05 |
| INVZ Innoviz Technologies Ltd. | Reduce -80.9% | 0.01% | −0.05 |
| FEZ State Street SPDR Euro Stoxx | Reduce -46.1% | 0.03% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -7.0% | 0.24% | −0.03 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -9.9% | 0.25% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.7% | 0.16% | −0.02 |
| MS Morgan Stanley | Reduce -0.1% | 0.26% | −0.02 |
| XAR SS SPDR S&P Aerospace Def | Reduce -33.0% | 0.03% | −0.01 |
| ARBE Arbe Robotics Ltd. | Sold out | 0.00% | −0.01 |
| ZS Zscaler Inc. | Reduce -17.6% | 0.01% | −0.01 |
| IGM iShares Expanded Tech Sector | Reduce -19.7% | 0.02% | −0.01 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -21.1% | 0.02% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| RSP Invesco S&P 500 Equal Weight | Add +9517.8% | 3.16% | +3.13 |
| NVMI Nova Ltd. | Add +5.0% | 5.91% | +1.69 |
| EWY iShares MSCI South Korea ETF | Add +46796.0% | 1.49% | +1.49 |
| CAMT Camtek Ltd. | Add +46.3% | 2.54% | +1.33 |
| SMH Vaneck Semiconductor ETF | Add +88.5% | 2.53% | +1.28 |
| XLI SS Industrial Select Sector | Add +22.9% | 5.63% | +1.28 |
| LRCX Lam Research Corp. | Add +268.0% | 1.44% | +1.13 |
| GDX Vaneck Gold Miners ETF | New | 1.08% | +1.08 |
| MU Micron Technology Inc. | Add +10361.0% | 0.99% | +0.98 |
| XME SS SPDR S&P Metals Mining | New | 0.78% | +0.78 |
| JPM JPMorgan Chase & Co. | Add +126.1% | 1.45% | +0.75 |
| XLE SS Energy Select Sector | Add +6977.1% | 0.68% | +0.67 |
| LMT Lockheed Martin Corp. | Add +12893.7% | 0.65% | +0.65 |
| NOC Northrop Grumman Corp. | Add +3233.3% | 0.59% | +0.58 |
| VRT Vertiv Holdings Co. Class A | New | 0.55% | +0.55 |
| ETN Eaton Corp. PLC | Add +298.1% | 0.64% | +0.50 |
| XBI SS SPDR S&P Biotech ETF | New | 0.50% | +0.50 |
| AAPL Apple Inc. | Add +37.5% | 2.04% | +0.47 |
| SNDK Sandisk Corp. | New | 0.45% | +0.45 |
| XLV SS Health Care Select Sector | Add +112.2% | 0.86% | +0.44 |
| AZN Astrazeneca PLC | Add +194.8% | 0.48% | +0.33 |
| MRK Merck & Co. Inc. | New | 0.33% | +0.33 |
| TSLA Tesla Inc. | Add +80.2% | 0.94% | +0.32 |
| WDC Western Digital Corp. | New | 0.31% | +0.31 |
| NTR Nutrien Ltd. | New | 0.30% | +0.30 |
| ORA Ormat Technologies Inc. | Add +31.0% | 1.13% | +0.29 |
| SEDG Solaredge Technologies Inc. | Add +73.7% | 0.42% | +0.28 |
| TER Teradyne Inc. | Add +39441.9% | 0.28% | +0.28 |
| STX Seagate Technology Holdings | New | 0.28% | +0.28 |
| INTC Intel Corp. | Add +10364.9% | 0.28% | +0.27 |
| BSX Boston Scientific Corp. | New | 0.27% | +0.27 |
| TXN Texas Instruments Inc. | Add +14019.5% | 0.27% | +0.27 |
| GILD Gilead Sciences Inc. | Add +71.4% | 0.54% | +0.26 |
| MCHP Microchip Technology Inc. | Add +52403.0% | 0.26% | +0.26 |
| GOOG Alphabet Inc. Class C | Add +16.0% | 3.82% | +0.25 |
| PANW Palo Alto Networks Inc. | Add +148.3% | 0.45% | +0.24 |
| CQQQ Invesco China Technology ETF | Add +39.1% | 1.01% | +0.20 |
| TT Trane Technologies PLC | New | 0.18% | +0.18 |
| MELI MercadoLibre Inc. | New | 0.18% | +0.18 |
| ABBV Abbvie Inc. | Add +24.3% | 0.78% | +0.13 |
| LITE Lumentum Holdings Inc. | New | 0.12% | +0.12 |
| GLW Corning Inc. | Add +25280.7% | 0.12% | +0.12 |
| COHR Coherent Corp. | Add +15542.5% | 0.12% | +0.12 |
| CIEN Ciena Corp. | Add +4661.9% | 0.11% | +0.11 |
| XLB SS Materials Select Sector | Add +3.7% | 0.74% | +0.10 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.04% | +0.04 |
| VEU Vanguard Ftse All-World Ex-U | Add +83.1% | 0.09% | +0.04 |
| ACWI iShares MSCI Acwi ETF | Add +309.6% | 0.04% | +0.03 |
| EEM iShares MSCI Emerging Market | Add +91.6% | 0.05% | +0.03 |
| IYT iShares US Transportation Et | New | 0.03% | +0.03 |
Options Activity Q4 2025 → Q1 2026
| CONSTELLATION ENERGY CORP | call | New | 4,800 | $4.8M |
| CONSTELLATION ENERGY CORP | put | New | 2,700 | $532K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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 |