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

0$5.0B$10.0B$15.0B$20.0B Q1 2024: $6.2B Q1 2024 Q2 2024: $6.0B Q2 2024 Q3 2024: $6.2B Q3 2024 Q4 2024: $7.0B Q4 2024 Q1 2025: $7.1B Q1 2025 Q2 2025: $8.4B Q2 2025 Q3 2025: $9.3B Q3 2025 Q4 2025: $11.6B Q4 2025 Q1 2026: $11.5B Q1 2026 Q2 2026: $15.6B $15.6B Q2 2026

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%
FTNT Fortinet Inc. 0.03% 26,940 $4.1M Reduce -22.8%
ONEQ Fidelity Nasdaq Comp Indx 0.03% 38,389 $4.0M Reduce -4.2%
MRVL Marvell Technology Inc. 0.02% 12,710 $3.7M Add +8.2%
IEF iShares 7-10 Year Treasury B 0.02% 36,406 $3.4M Reduce -1.0%
IYT iShares US Transportation Et 0.02% 38,625 $3.4M No change
IGM iShares Expanded Tech Sector 0.02% 20,556 $3.3M Reduce -4.5%
QMMY FT NDQ100 Mod Buff ETF - May 0.02% 123,812 $3.3M Reduce -9.5%
CRWD CrowdStrike Holdings Inc. Class A 0.02% 4,229 $3.2M Reduce -11.5%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.02% 35,208 $2.8M Reduce -25.0%
NET Cloudflare Inc. Class A 0.02% 11,100 $2.7M No change
CIBR First Trust Nasdaq Cybersecu 0.02% 27,928 $2.5M Reduce -9.6%
KLAC KLA Corp. 0.02% 7,910 $2.4M Add +141.2%
VOO Vanguard S&P 500 ETF 0.01% 3,422 $2.4M Reduce -78.1%
FFIV F5 Inc. 0.01% 5,200 $2.2M Reduce -8.8%
OKTA Okta Inc. 0.01% 15,600 $2.1M No change
FEZ State Street SPDR Euro Stoxx 0.01% 29,309 $2.0M Reduce -52.8%
ITB iShares U.S. Home Constructi 0.01% 18,500 $1.9M New
KBE SS SPDR S&P Bank ETF 0.01% 27,250 $1.9M New
FLKR Franklin Ftse South Korea 0.01% 37,500 $1.8M Add +63.0%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.01% 876 $1.7M Reduce -14.7%
LDOS Leidos Holdings Inc. 0.01% 13,000 $1.7M Add +85.7%
LLY Eli Lilly & Co. 0.01% 1,328 $1.6M Reduce -98.9%
TBLA Taboola.com Ltd. 0.01% 310,335 $1.6M New
EMXC iShares MSCI Emr MRK Ex Chna 0.01% 14,386 $1.5M Reduce -77.1%
C Citigroup Inc. 0.01% 10,250 $1.5M No change
ILF iShares Latin America 40 ETF 0.01% 40,200 $1.4M Add +51.1%
PLTR Palantir Technologies Inc. Class A 0.01% 11,468 $1.3M Add +425.8%
DELL Dell Technologies -C 0.01% 3,195 $1.3M Reduce -26.2%
QCOM Qualcomm Inc. 0.01% 7,087 $1.3M Add +147.6%
CAT Caterpillar Inc. 0.01% 1,228 $1.3M No change
QTEC First Trust Nasdq 100 Tech I 0.01% 3,833 $1.3M Reduce -4.7%
PAVE Global X US Infrastructure 0.01% 21,230 $1.3M Add +11.1%
SPSB SS SPDR P St C Corp. ETF 0.01% 41,333 $1.2M Add +18.6%
RTX RTX Corp. 0.01% 6,437 $1.2M Add +32.5%
GD General Dynamics Corp. 0.01% 3,425 $1.2M Reduce -6.5%
IBHF iShares Ibond 2026 HY & Inc. 0.01% 53,016 $1.2M Reduce -25.2%
RBRK Rubrik Inc. Class A 0.01% 18,000 $1.2M Add +100.0%
TDIV FT Nasdaq Tech DVD Index FD 0.01% 9,955 $1.1M Reduce -6.4%
TLT iShares 20+ Year Treasury BD 0.01% 13,003 $1.1M Add +12.5%
IGIB iShares 5-10Y Inv Grade Corp. 0.01% 21,089 $1.1M Reduce -5.1%
NEE Nextera Energy Inc. 0.01% 12,633 $1.1M Add +21.1%
SN Sharkninja Inc. 0.01% 6,967 $1.0M Add +12.9%
IEFA iShares Core MSCI Eafe ETF 0.01% 10,570 $1.0M Add +92.9%
GEN Gen Digital Inc. 0.01% 40,000 $996K No change
MPWR Monolithic Power Systems Inc. 0.01% 728 $986K Add +911.1%
ZS Zscaler Inc. 0.01% 7,000 $982K No change
PLD Prologis Inc. 0.01% 6,866 $930K Add +10.8%
CEMB iShares JP Morgan Em Corpora 0.01% 19,708 $900K Add +18.5%
EWT iShares MSCI Taiwan ETF 0.01% 8,470 $896K No change
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.01% 8,890 $831K No change
KWEB Kranesh Csi China Internet 0.01% 31,669 $799K Reduce -98.7%
IWB iShares Russell 1000 ETF 0.01% 2,052 $786K Add +98.6%
SHY iShares 1-3 Year Treasury Bo 0.00% 8,950 $735K Reduce -2.4%
BRRR Coinshares Bitcoin ETF 0.00% 38,281 $732K No change
BSCR Invesco Bulletshares 2027 CB 0.00% 37,230 $730K Reduce -20.9%
BTC Grayscale Bitcoin Mini ETF 0.00% 24,263 $728K No change
IBIT iShares Bitcoin Trust ETF 0.00% 18,937 $728K No change
BITB Bitwise Bitcoin ETF 0.00% 19,759 $727K No change
GE General Electric filed as GE AEROSPACE 0.00% 1,946 $727K No change
ON On Semiconductor 0.00% 7,895 $720K Add +867.5%
FLTW Franklin Ftse Taiwan ETF 0.00% 8,400 $718K Add +100.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.00% 4,688 $710K Reduce -16.1%
IBN Icici Bank Ltd.-Spon ADR 0.00% 23,799 $692K Reduce -17.4%
INFY Infosys Ltd.-SP ADR 0.00% 65,179 $684K No change
NXTG First Trust Indxx Nextg ETF 0.00% 4,408 $676K Reduce -4.1%
IBDS Ishrs Ibnds Dec 27 Corp. ETF 0.00% 27,735 $672K Reduce -11.6%
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 0.00% 5,377 $654K Reduce -4.8%
MCHP Microchip Technology Inc. 0.00% 7,460 $646K Reduce -98.4%
BSCQ Invesco Bulletshares 2026 CB 0.00% 32,730 $639K No change
COP Conocophillips 0.00% 6,123 $637K Reduce -15.9%
CDNS Cadence Design SYS Inc. 0.00% 1,670 $627K Add +12.5%
FEMS First Trust Emerging Markets 0.00% 13,000 $592K Add +100.0%
QLYS Qualys Inc. 0.00% 4,000 $550K Reduce -10.8%
PBR Petroleo Brasileiro-Spon ADR 0.00% 29,000 $537K Add +100.0%
KR Kroger Co. 0.00% 9,582 $532K Reduce -14.0%
ITUB Itau Unibanco H-Spon PRF ADR 0.00% 64,000 $531K Add +100.0%
HDB HDFC Bank Ltd.-ADR 0.00% 19,948 $515K No change
SCHG Schwab US Large-Cap Growth 0.00% 14,955 $506K Reduce -21.1%
AKAM Akamai Technologies Inc. 0.00% 4,192 $496K Add +4.8%
HTEC Robo Global Healthcare Tech filed as EXCHANGE TRADED CONCEPTS TRU 0.00% 13,286 $495K Reduce -7.9%
VCIT Vanguard Int-Term Corporate 0.00% 5,990 $495K Add +24.7%
PBUS Invesco MSCI USA ETF 0.00% 6,540 $489K New
GOVT iShares US Treasury Bond ETF 0.00% 21,290 $485K No change
TMUS T-Mobile US Inc. 0.00% 2,631 $441K Reduce -5.0%
GBIL Goldman Sachs Access Treasur 0.00% 4,225 $423K Reduce -12.4%
TENB Tenable Holdings Inc. 0.00% 25,000 $423K No change
VLN Valens Semiconductor Ltd. 0.00% 179,616 $406K No change
JNJ Johnson & Johnson 0.00% 1,580 $401K Add +1.7%
IBDR iShares Ibonds Dec 2026 Term 0.00% 16,220 $393K No change
BUG Global X Cybersecurity ETF 0.00% 10,000 $382K Reduce -72.8%
IVV iShares Core S&P 500 ETF 0.00% 571 $374K No change
RDY Dr. Reddy's Laboratories-ADR 0.00% 23,000 $333K Reduce -34.3%
VGK Vanguard Ftse Europe ETF 0.00% 3,724 $330K Reduce -39.5%
FCX Freeport-McMoran Inc. 0.00% 5,103 $321K Add +76.9%
JD Jd.com Inc.-ADR 0.00% 12,674 $320K Reduce -11.8%
CMG Chipotle Mexican Grill Inc. 0.00% 9,050 $298K Add +82.7%
XLG Invesco S&P 500 Top 50 ETF 0.00% 5,443 $297K No change
KO The Coca-Cola Co. 0.00% 3,628 $295K Add +177.6%
GS Goldman Sachs Group Inc. 0.00% 317 $292K Add +86.5%
SKYY First Trust Cloud Computing 0.00% 2,095 $278K No change
INCO Columbia India Consumer ETF 0.00% 4,280 $255K No change
UNH Unitedhealth Group Inc. 0.00% 591 $246K Reduce -0.2%
PLUG Plug Power Inc. filed as PLUG PWR INC 0.00% 81,000 $220K No change
CVX Chevron Corp. 0.00% 1,275 $211K Add +15.0%
XOM Exxon Mobil Corp. 0.00% 1,477 $202K No change
ILMN Illumina Inc. 0.00% 1,093 $192K New
SHLD Global X Defense Tech ETF 0.00% 3,249 $191K No change
NFLX Netflix Inc. 0.00% 2,635 $188K Reduce -28.3%
JOYY Joyy Inc.-ADR 0.00% 2,958 $184K Add +100.0%
PYPL PayPal Holdings Inc. 0.00% 4,216 $182K Reduce -22.3%
NTCT Netscout Systems Inc. 0.00% 4,000 $174K No change
NOBL Proshares S&P 500 Dividend A 0.00% 3,092 $174K Add +433.1%
BITO Proshares Bitcoin ETF-Usd 0.00% 18,365 $171K No change
ASHR Xtrackers Harvest Csi 300 CH 0.00% 5,000 $169K Add +42.9%
LITE Lumentum Holdings Inc. 0.00% 195 $167K Reduce -99.0%
IVW iShares S&P 500 Growth ETF 0.00% 1,328 $166K Add +100.0%
NEM Newmont Corp. 0.00% 1,772 $166K Add +19.7%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.00% 3,413 $163K New
SPHD Invesco S&P 500 High Dividen 0.00% 3,165 $161K New
IWM iShares Russell 2000 ETF 0.00% 533 $160K Reduce -64.7%
QJUN FT Vest Nasdaq-100 Buffer Et 0.00% 4,445 $150K Reduce -11.7%
BSJR Invesco Bulletshares 2027 HY 0.00% 6,670 $149K Add +174.5%
EUFN iShares MSCI Europe Financia 0.00% 3,788 $148K New
GEV GE Vernova Inc. 0.00% 125 $147K Add +66.7%
FDN First Trust DJ Internet Ind 0.00% 541 $143K Reduce -16.4%
COST Costco Wholesale Corp. 0.00% 153 $143K No change
VONG Vanguard Russell 1000 Growth 0.00% 1,302 $143K No change
LOW Lowe's Cos Inc. 0.00% 636 $140K New
HTHT H World Group Ltd.-ADR 0.00% 2,932 $137K Add +100.0%
ROST Ross Stores Inc. 0.00% 642 $137K Add +95.7%
RPD RAPID7 Inc. 0.00% 20,000 $136K Add +100.0%
DASH DoorDash Inc. Class A 0.00% 733 $135K New
DAL Delta Air Lines Inc. 0.00% 1,437 $135K New
ADBE Adobe Inc. 0.00% 651 $133K Reduce -2.3%
NVO Novo-Nordisk A/S-Spons ADR 0.00% 2,780 $133K No change
STIP iShares 0-5 Year Tips Bond E 0.00% 1,294 $132K Reduce -1.4%
O Realty Income Corp. 0.00% 2,122 $131K New
APP AppLovin Corp. Class A 0.00% 254 $131K New
S Sentinelone Inc. Class A 0.00% 10,000 $129K No change
WMT Walmart Inc. 0.00% 1,127 $128K Reduce -28.4%
RMBS Rambus Inc. 0.00% 959 $127K New
QUAL iShares MSCI USA Quality Fac 0.00% 572 $126K Reduce -9.9%
XAR SS SPDR S&P Aerospace Def 0.00% 438 $124K Reduce -97.1%
ISRG Intuitive Surgical Inc. 0.00% 313 $124K Reduce -28.7%
PDD PDD Holdings Inc. 0.00% 1,590 $122K No change
PODD Insulet Corp. 0.00% 795 $121K New
VYM Vanguard High DVD Yield ETF 0.00% 746 $118K New
DOC Healthpeak Properties Inc. 0.00% 5,284 $113K New
BKNG Booking Holdings Inc. 0.00% 625 $111K No change
OEF iShares S&P 100 ETF 0.00% 301 $110K Reduce -49.9%
CGNX Cognex Corp. 0.00% 1,507 $109K New
CIEN Ciena Corp. 0.00% 222 $109K Reduce -99.3%
CVNA Carvana Co. 0.00% 1,653 $109K New
EZU iShares MSCI Eurozone ETF 0.00% 1,558 $108K Reduce -26.8%
NFTY First Trust India Nifty 50 E 0.00% 2,000 $108K No change
ECHO Echostar Corp. Class A 0.00% 1,014 $103K New
SHM SS SPDR N Ice St Muni ETF 0.00% 2,100 $101K No change
SAP Sap SE-Sponsored ADR 0.00% 646 $100K Reduce -2.4%
SPYV SS SPDR P S&P 500 Value ETF 0.00% 1,765 $100K No change
PH Parker Hannifin Corp. 0.00% 98 $96K No change
GWRE Guidewire Software Inc. 0.00% 772 $95K New
MOMO Hello Group Inc. -SPN ADR 0.00% 16,280 $94K Add +100.0%
INTU Intuit Inc. 0.00% 353 $92K New
IFRA iShares US Infrastructure 0.00% 1,442 $91K Add +69.7%
TCOM Trip.com Group Ltd.-ADR 0.00% 1,765 $88K No change
FXI iShares China Large-Cap ETF 0.00% 2,500 $88K Add +25.0%
AIRR First Trust Rba American Ind 0.00% 645 $86K No change
UCON First Trust Smith Unconstrai 0.00% 3,080 $77K No change
FLR Fluor Corp. 0.00% 1,266 $66K New
FVD First Trust Value Line DVD 0.00% 1,347 $65K Reduce -9.2%
KEYS Keysight Technologies Inc. 0.00% 179 $63K New
VGIT Vanguard Intermediate-Term T 0.00% 1,000 $59K No change
FND Floor & Decor Holdings Inc. Class A 0.00% 977 $58K New
INDA iShares MSCI India ETF 0.00% 1,154 $57K New
CROX Crocs Inc. 0.00% 456 $55K New
SOFI Sofi Technologies Inc. 0.00% 2,750 $49K Reduce -93.6%
MTUM iShares MSCI USA Momentum Fa 0.00% 130 $45K No change
AAXJ iShares MSCI All Country Asi 0.00% 366 $44K No change
RIO Rio Tinto PLC-Spon ADR 0.00% 460 $44K No change
FIX Comfort Systems USA Inc. 0.00% 22 $44K Add +120.0%
FINX Global X Fintech ETF 0.00% 1,760 $43K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.00% 821 $43K No change
FTCS First Trust Capital Strength 0.00% 425 $40K Reduce -26.1%
HUBS HubSpot Inc. 0.00% 210 $38K New
DDOG Datadog Inc. Class A 0.00% 142 $37K New
DRAM Roundhill Memory ETF 0.00% 500 $37K New
KRC Kilroy Realty Corp. 0.00% 935 $35K New
MOAT Vaneck Morningstar Wide Moat 0.00% 326 $34K Reduce -50.6%
BND Vanguard Total Bond Market 0.00% 453 $33K No change
IWP iShares Russell Mid-Cap Grow 0.00% 224 $33K No change
RNR Renaissancere Holdings Ltd. 0.00% 101 $32K New
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.00% 61 $32K No change
DHS Wisdomtree US High Dividend 0.00% 270 $31K New
ARMK Aramark 0.00% 532 $30K New
NBIX Neurocrine Biosciences Inc. 0.00% 178 $30K New
EXI iShares Global Industrials E 0.00% 147 $29K No change
ARES Ares Management Corp. Class A 0.00% 263 $29K New
OSPN Onespan Inc. 0.00% 2,000 $29K No change
FNF Fidelity National Financial 0.00% 604 $28K New
EBND State Street SPDR Bloomberg 0.00% 1,355 $28K Reduce -18.6%
AM Antero Midstream Corp. 0.00% 1,233 $28K New
ROP Roper Technologies Inc. 0.00% 82 $28K New
OHI Omega Healthcare Investors 0.00% 571 $27K New
VWO Vanguard Ftse Emerging Marke 0.00% 450 $27K No change
FCN Fti Consulting Inc. 0.00% 177 $26K New
JBL Jabil Inc. 0.00% 67 $26K New
QTUM Defiance Quantum ETF 0.00% 153 $25K No change
HYLS FT Tactical High Yield ETF 0.00% 620 $25K No change
FDD First Trust Stoxx Europe 0.00% 1,355 $25K New
MO Altria Group Inc. 0.00% 334 $24K Reduce -64.6%
MEDP Medpace Holdings Inc. 0.00% 45 $24K New
COIN Coinbase Global Inc. Class A 0.00% 163 $24K Add +162.9%
SNY Sanofi-ADR 0.00% 521 $22K New
GMED Globus Medical Inc. Class A 0.00% 276 $22K New
DRUP Graniteshares Nasdaq Select 0.00% 340 $21K No change
IYZ iShares US Telecommunication 0.00% 495 $21K No change
EME Emcor Group Inc. 0.00% 25 $21K New
RDIV Invesco S&P Ultra Dividend 0.00% 345 $20K New
SO The Southern Co. 0.00% 208 $20K Reduce -54.4%
WMB Williams Cos Inc. 0.00% 266 $20K New
BMY Bristol-Myers Squibb Co. 0.00% 343 $20K New
ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU 0.00% 230 $20K No change
DUK Duke Energy Corp. 0.00% 155 $20K New
DFE Wisdomtree Eur S/C Dividend 0.00% 270 $19K Reduce -42.5%
NTAP Netapp Inc. 0.00% 124 $19K New
VGT Vanguard Info Tech ETF 0.00% 160 $19K No change
ZAP GX US Electrification ETF 0.00% 550 $19K No change
CF CF Industries Holdings Inc. 0.00% 173 $19K Reduce -78.1%
HOOD Robinhood Markets Inc. Class A 0.00% 185 $19K Reduce -15.5%
DSI iShares ESG MSCI KLD 400 ETF 0.00% 125 $18K No change
PNC PNC Financial Services Group 0.00% 71 $17K New
PEP Pepsico Inc. 0.00% 126 $17K New
EBAY eBay Inc. 0.00% 150 $17K New
NNN NNN REIT Inc. 0.00% 359 $17K New
FIW First Trust Water ETF 0.00% 136 $15K No change
AMT American Tower Corp. 0.00% 89 $15K New
NLR Vaneck Urani & Nuclr ETF-Usd 0.00% 120 $14K No change
EWU iShares MSCI United Kingdom 0.00% 300 $14K Reduce -38.5%
HAS Hasbro Inc. 0.00% 164 $14K New
NRG NRG Energy Inc. 0.00% 92 $13K New
MYRG MYR Group Inc./Delaware 0.00% 26 $13K New
EWG iShares MSCI Germany ETF 0.00% 310 $13K No change
EXPE Expedia Group Inc. 0.00% 50 $13K New
DOW Dow Inc. filed as DOW HLDGS INC 0.00% 457 $13K New
KHC The Kraft Heinz Co. 0.00% 525 $12K New
GNRC Generac Holdings Inc. 0.00% 38 $11K New
ALHC Alignment Healthcare Inc. 0.00% 466 $11K New
PSMT Pricesmart Inc. 0.00% 56 $11K New
INOD Innodata Inc. 0.00% 140 $11K New
BTSG Brightspring Health Services 0.00% 149 $10K New
EXP Eagle Materials Inc. 0.00% 45 $10K No change
EE Excelerate Energy Inc. Class A 0.00% 235 $9K New
TM Toyota Motor Corp. -Spon ADR 0.00% 52 $9K New
KFY Korn Ferry 0.00% 126 $8K New
HEDJ Wisdomtree Europe Hedged Equ 0.00% 110 $6K No change
MA Mastercard Inc. Class A 0.00% 12 $6K Reduce -100.0%
BLDR Builders Firstsource Inc. 0.00% 67 $6K Add +116.1%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.00% 222 $6K New
ITA iShares U.S. Aerospace & Def 0.00% 24 $6K No change
FPE FT-Preferred Secur & Inc. ETF 0.00% 264 $5K No change
SDHY Pgim SHRT Durat Hi YLD 0.00% 196 $3K No change
ANGL Vaneck Fallen Angel High YLD 0.00% 100 $3K No change
DHR Danaher Corp. 0.00% 9 $2K Add +800.0%
Other holdings (1): bonds, preferreds, convertibles and warrants · $435K (not counted above)
SecurityClassShares / PrincipalValueChange
AISPW Airship AI Holdings Inc.-CW28 *W EXP 12/21/202 573,000$435KNew

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 363$15.6BTEVA, XLK, XLI, NVMI, GOOG
Q1 2026 360$11.5BTEVA, NVMI, XLI, XLK, GOOG
Q4 2025 346$11.6BTEVA, QQQM, XLK, XLI, NVMI
Q3 2025 324$9.3BTEVA, XLI, XLK, NVMI, META
Q2 2025Amended 357$8.4BXLK, XLI, TEVA, KBWB, NVMI
Q1 2025 407$7.1BTEVA, XLI, XLF, XLK, NICE
Q4 2024 388$7.0BTEVA, XLI, XLF, IGV, NVMI
Q3 2024 446$6.2BTEVA, IGV, XLU, NICE, XLI
Q2 2024 503$6.0BTEVA, XLC, XLI, NVMI, IGV
Q1 2024 399$6.2BVTWO, TEVA, NICE, IGV, XLI