Munich Reinsurance Co Stock Corp in Munich

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 24, 2026), Munich Reinsurance Co Stock Corp in Munich reported 164 stock positions worth $4.6 billion. Its top holding was Microsoft (MSFT) at 5.9% of the portfolio, followed by Nvidia (NVDA, 5.0%) and Broadcom (AVGO, 3.2%). Compared with Q1 2026, it opened 35 new positions, sold out of 46, added to 57 and reduced 58. The biggest buy was Advanced Micro Devices (AMD, shares +10%) and the biggest sale an exit from Cisco Systems (CSCO).

Most Recent 13F
Q2 2026
Location
MUNICH, 2M
CIK
0002090208
Portfolio Value
$4.6B (Q2 2026)
SEC Filing
0001019056-26-000118 ↗ filed Jul 24, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q3 2025: $4.0B Q3 2025 Q4 2025: $4.1B Q4 2025 Q1 2026: $4.1B Q1 2026 Q2 2026: $4.6B $4.6B Q2 2026

Holdings 164 stocks · $4.6B
MSFT Microsoft Corp. 5.92% 726,089 $270.8M Add +53.1%
NVDA Nvidia Corp. 5.03% 1,150,001 $230.1M Reduce -0.2%
AVGO Broadcom Inc. 3.21% 388,246 $146.7M Add +15.9%
MRK Merck & Co. Inc. 2.92% 1,038,236 $133.4M Add +38.0%
GOOG Alphabet Inc. Class C 2.68% 346,895 $122.6M Reduce -2.4%
AMD Advanced Micro Devices 2.68% 210,813 $122.5M Add +10.3%
GOOGL Alphabet Inc. Class A 2.47% 316,495 $113.1M Reduce -0.9%
AMAT Applied Materials Inc. 2.33% 147,637 $106.7M Add +10.3%
DB Deutsche Bank AG-Registered 2.27% 3,064,830 $103.8M Add +125.0%
KDP Keurig Dr Pepper Inc. 2.22% 3,105,865 $101.7M Reduce -10.0%
AMZN Amazon.com Inc. 2.21% 424,570 $101.2M Add +8.3%
UL Unilever PLC-Sponsored ADR 2.01% 1,531,084 $92.0M Reduce -1.5%
HBAN Huntington Bancshares Inc. 2.01% 5,178,309 $91.8M Add +3.7%
AAPL Apple Inc. 1.81% 285,352 $82.6M Add +8.0%
GLPI Gaming and Leisure Propertie 1.77% 1,813,066 $80.7M No change
FERG Ferguson Enterprises Inc. 1.69% 326,515 $77.5M Add +2.5%
NXPI NXP Semiconductors NV 1.68% 273,539 $76.9M Reduce -14.9%
MRSH Marsh & McLennan Cos 1.68% 460,618 $76.8M No change
RJF Raymond James Financial Inc. 1.63% 491,089 $74.7M Add +2.6%
V Visa Inc. Class A 1.56% 207,639 $71.2M Add +70.2%
CVX Chevron Corp. 1.55% 427,352 $70.8M No change
CCI Crown Castle Inc. 1.54% 931,312 $70.5M Reduce -4.5%
MTB M & T Bank Corp. filed as M & T BK CORP 1.54% 296,290 $70.5M No change
NDAQ Nasdaq Inc. 1.53% 889,447 $70.1M Add +3.0%
AIG American International Group 1.44% 882,336 $65.8M Add +16.3%
GILD Gilead Sciences Inc. 1.42% 514,526 $65.0M Reduce -0.3%
TMUS T-Mobile US Inc. 1.39% 380,129 $63.8M Reduce -6.0%
DKS Dick's Sporting Goods Inc. 1.39% 279,944 $63.5M Reduce -8.2%
LLY Eli Lilly & Co. 1.34% 51,279 $61.5M Reduce -36.6%
ELV Elevance Health Inc. 1.27% 150,333 $58.1M Reduce -45.2%
ETN Eaton Corp. PLC 1.25% 134,636 $57.4M Reduce -12.7%
LHX L3HARRIS Technologies Inc. 1.19% 187,642 $54.5M Add +6.8%
ADP Automatic Data Processing 1.19% 242,250 $54.3M Add +42.6%
HWM Howmet Aerospace Inc. 1.17% 199,452 $53.6M Add +2.1%
SRE Sempra 1.13% 555,569 $51.5M No change
META Meta Platforms Inc. Class A 1.10% 89,665 $50.5M Add +6.4%
PCAR Paccar Inc. 1.10% 419,924 $50.4M Add +2.6%
NTAP Netapp Inc. 1.05% 310,200 $48.0M Add +407.7%
CVS CVS Health Corp. 1.04% 459,492 $47.5M New
ADM Archer-Daniels-Midland Co. 1.04% 621,603 $47.5M Reduce -3.3%
ANET Arista Networks Inc. 1.01% 273,219 $46.4M New
CDNS Cadence Design SYS Inc. 1.01% 123,206 $46.2M Reduce -3.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.00% 302,342 $45.8M Add +28.4%
ARES Ares Management Corp. Class A 0.99% 406,937 $45.3M Reduce -0.8%
MA Mastercard Inc. Class A 0.95% 84,816 $43.6M Reduce -20.4%
ATO Atmos Energy Corp. 0.95% 251,761 $43.4M No change
WY Weyerhaeuser Co. 0.94% 1,804,788 $43.2M Reduce -0.2%
ICE Intercontinental Exchange Inc. 0.89% 331,547 $40.8M Add +35.5%
ABBV Abbvie Inc. 0.87% 157,348 $39.6M Add +3.8%
ISRG Intuitive Surgical Inc. 0.84% 96,745 $38.5M Add +48.0%
KLAC KLA Corp. 0.82% 123,978 $37.4M Reduce -47.1%
AZO AutoZone Inc. 0.79% 11,280 $36.1M Add +168.4%
LOGI Logitech International-Reg 0.58% 283,272 $26.6M Reduce -11.5%
PANW Palo Alto Networks Inc. 0.51% 67,942 $23.2M Reduce -77.8%
TSM Taiwan Semiconductor-SP ADR 0.46% 44,383 $21.2M Add +6.3%
DHI D.R. Horton Inc. 0.46% 128,874 $21.0M New
BMY Bristol-Myers Squibb Co. 0.44% 347,582 $20.0M Add +9.8%
SYF Synchrony Financial 0.43% 258,224 $19.6M Add +243.6%
LRCX Lam Research Corp. 0.40% 42,175 $18.3M Reduce -10.6%
JNJ Johnson & Johnson 0.37% 66,880 $17.0M Add +277.1%
DAL Delta Air Lines Inc. 0.37% 180,218 $16.9M Add +129.6%
DECK Deckers Outdoor Corp. 0.37% 168,273 $16.7M Add +16.6%
VZ Verizon Communications Inc. 0.36% 384,958 $16.3M Add +1.4%
EXPE Expedia Group Inc. 0.35% 62,830 $16.1M New
KGC Kinross Gold Corp. 0.34% 662,431 $15.7M Add +39.8%
CMCSA Comcast Corp. Class A 0.33% 616,597 $15.1M Add +274.5%
ALL Allstate Corp. 0.33% 62,958 $15.0M Reduce -25.2%
SCHW Schwab (charles) Corp. 0.32% 159,656 $14.7M Add +9.8%
CAT Caterpillar Inc. 0.30% 13,039 $13.9M Add +2397.9%
AMP Ameriprise Financial Inc. 0.29% 29,232 $13.4M Add +37.1%
WAT Waters Corp. 0.29% 35,226 $13.2M Reduce -45.8%
T AT&T Inc. 0.27% 590,868 $12.2M New
DG Dollar General Corp. 0.24% 95,443 $11.0M Add +1359.4%
NEM Newmont Corp. 0.23% 114,915 $10.7M Add +20.9%
WDC Western Digital Corp. 0.22% 16,010 $10.2M Reduce -51.8%
ROP Roper Technologies Inc. 0.19% 26,200 $8.9M No change
BLK BlackRock Inc. 0.19% 9,059 $8.7M Add +2879.9%
MRVL Marvell Technology Inc. 0.18% 27,689 $8.2M Reduce -80.8%
HPE Hewlett Packard Enterprise 0.18% 178,188 $8.0M Reduce -68.5%
FTV Fortive Corp. 0.17% 129,261 $7.9M Reduce -57.2%
ADSK Autodesk Inc. 0.16% 38,397 $7.5M Add +14.1%
MET Metlife Inc. 0.16% 86,758 $7.3M New
SLF Sun Life Financial Inc. 0.16% 93,369 $7.3M Reduce -64.1%
BBY Best Buy Co. Inc. 0.15% 92,464 $7.0M Add +80.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.15% 71,798 $6.9M Add +31.1%
CVNA Carvana Co. 0.15% 104,460 $6.9M New
TGT Target Corp. 0.15% 51,673 $6.7M Reduce -6.3%
INCY Incyte Corp. 0.14% 57,088 $6.5M New
KR Kroger Co. 0.13% 109,053 $6.1M Add +5391.1%
CLS Celestica Inc. 0.12% 15,084 $5.5M New
HPQ HP Inc. 0.12% 240,338 $5.3M No change
CRM Salesforce Inc. 0.11% 33,557 $5.3M Reduce -19.0%
DGX Quest Diagnostics Inc. 0.11% 24,324 $5.2M Add +72.1%
CBRE CBRE Group Inc. Class A 0.11% 35,969 $4.8M Add +59.4%
FN Fabrinet 0.10% 8,520 $4.8M Reduce -11.3%
PTC PTC Inc. 0.10% 41,032 $4.7M Add +16.0%
TFC Truist Financial Corp. 0.10% 88,643 $4.4M New
CI The Cigna Group 0.09% 15,536 $4.3M Reduce -59.1%
FITB Fifth Third Bancorp 0.09% 74,897 $4.2M New
TD Toronto-Dominion Bank 0.09% 34,570 $4.2M Add +1386.9%

Show all 164 holdings

Portfolio Sells Q1 2026 → Q2 2026
CSCO Cisco Systems Inc. Sold out 0.00% −1.50
D Dominion Energy Inc. Sold out 0.00% −1.30
HON Honeywell International Inc. Sold out 0.00% −1.05
APH Amphenol Corp. Class A Sold out 0.00% −0.91
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.85
ELV Elevance Health Inc. Reduce -45.2% 1.27% −0.70
PANW Palo Alto Networks Inc. Reduce -77.8% 0.51% −0.70
TMUS T-Mobile US Inc. Reduce -6.0% 1.39% −0.69
LLY Eli Lilly & Co. Reduce -36.6% 1.34% −0.48
UBER Uber Technologies Inc. Sold out 0.00% −0.43
CCI Crown Castle Inc. Reduce -4.5% 1.54% −0.41
INTC Intel Corp. Sold out 0.00% −0.39
MA Mastercard Inc. Class A Reduce -20.4% 0.95% −0.36
GILD Gilead Sciences Inc. Reduce -0.3% 1.42% −0.35
LPLA LPL Financial Holdings Inc. Sold out 0.00% −0.28
SLF Sun Life Financial Inc. Reduce -64.1% 0.16% −0.24
HCA HCA Healthcare Inc. Reduce -91.5% 0.02% −0.24
FTV Fortive Corp. Reduce -57.2% 0.17% −0.24
EBAY eBay Inc. Sold out 0.00% −0.21
WAT Waters Corp. Reduce -45.8% 0.29% −0.19
MRVL Marvell Technology Inc. Reduce -80.8% 0.18% −0.17
UL Unilever PLC-Sponsored ADR Reduce -1.5% 2.01% −0.16
CI The Cigna Group Reduce -59.1% 0.09% −0.16
HPE Hewlett Packard Enterprise Reduce -68.5% 0.18% −0.15
BKNG Booking Holdings Inc. Reduce -96.6% 0.00% −0.14
WY Weyerhaeuser Co. Reduce -0.2% 0.94% −0.14
SOLV Solventum Corp. Reduce -73.7% 0.05% −0.14
MS Morgan Stanley Reduce -74.7% 0.05% −0.14
UPS United Parcel Service Class B Reduce -65.5% 0.07% −0.13
LOGI Logitech International-Reg Reduce -11.5% 0.58% −0.13
NOW ServiceNow Inc. Reduce -97.6% 0.00% −0.12
ADM Archer-Daniels-Midland Co. Reduce -3.3% 1.04% −0.11
ARES Ares Management Corp. Class A Reduce -0.8% 0.99% −0.11
BIIB Biogen Inc. Sold out 0.00% −0.11
SNPS Synopsys Inc. Sold out 0.00% −0.11
ETN Eaton Corp. PLC Reduce -12.7% 1.25% −0.10
ALL Allstate Corp. Reduce -25.2% 0.33% −0.10
DKS Dick's Sporting Goods Inc. Reduce -8.2% 1.39% −0.10
PGR Progressive Corp. Sold out 0.00% −0.09
COO The Cooper Cos Inc. Sold out 0.00% −0.09
PNC PNC Financial Services Group Sold out 0.00% −0.09
HIG Hartford Insurance Group Inc. Sold out 0.00% −0.08
HDB HDFC Bank Ltd.-ADR Sold out 0.00% −0.08
CRM Salesforce Inc. Reduce -19.0% 0.11% −0.08
MCD McDonald's Corp. Sold out 0.00% −0.07
ADI Analog Devices Inc. Reduce -95.1% 0.00% −0.07
BNY Bank of New York Mellon Corp. Reduce -96.1% 0.00% −0.07
PFG Principal Financial Group Reduce -53.8% 0.07% −0.07
TTWO Take-Two Interactive Softwre Sold out 0.00% −0.07
ZTS Zoetis Inc. Sold out 0.00% −0.07

Portfolio Buys Q1 2026 → Q2 2026
AMD Advanced Micro Devices Add +10.3% 2.68% +1.72
MSFT Microsoft Corp. Add +53.1% 5.92% +1.61
DB Deutsche Bank AG-Registered Add +125.0% 2.27% +1.30
AMAT Applied Materials Inc. Add +10.3% 2.33% +1.21
CVS CVS Health Corp. New 1.04% +1.04
ANET Arista Networks Inc. New 1.01% +1.01
NTAP Netapp Inc. Add +407.7% 1.05% +0.90
MRK Merck & Co. Inc. Add +38.0% 2.92% +0.69
AVGO Broadcom Inc. Add +15.9% 3.21% +0.66
V Visa Inc. Class A Add +70.2% 1.56% +0.65
DHI D.R. Horton Inc. New 0.46% +0.46
AZO AutoZone Inc. Add +168.4% 0.79% +0.44
EXPE Expedia Group Inc. New 0.35% +0.35
ADP Automatic Data Processing Add +42.6% 1.19% +0.34
SYF Synchrony Financial Add +243.6% 0.43% +0.30
CAT Caterpillar Inc. Add +2397.9% 0.30% +0.29
T AT&T Inc. New 0.27% +0.27
JNJ Johnson & Johnson Add +277.1% 0.37% +0.26
DAL Delta Air Lines Inc. Add +129.6% 0.37% +0.24
DG Dollar General Corp. Add +1359.4% 0.24% +0.22
CMCSA Comcast Corp. Class A Add +274.5% 0.33% +0.21
AMZN Amazon.com Inc. Add +8.3% 2.21% +0.21
BLK BlackRock Inc. Add +2879.9% 0.19% +0.18
MET Metlife Inc. New 0.16% +0.16
AAPL Apple Inc. Add +8.0% 1.81% +0.16
CVNA Carvana Co. New 0.15% +0.15
INCY Incyte Corp. New 0.14% +0.14
KR Kroger Co. Add +5391.1% 0.13% +0.13
CLS Celestica Inc. New 0.12% +0.12
TSM Taiwan Semiconductor-SP ADR Add +6.3% 0.46% +0.12
ISRG Intuitive Surgical Inc. Add +48.0% 0.84% +0.10
TFC Truist Financial Corp. New 0.10% +0.10
FITB Fifth Third Bancorp New 0.09% +0.09
GEV GE Vernova Inc. New 0.09% +0.09
IRM Iron Mountain Inc. New 0.09% +0.09
HBAN Huntington Bancshares Inc. Add +3.7% 2.01% +0.09
TD Toronto-Dominion Bank Add +1386.9% 0.09% +0.09
ZBH Zimmer Biomet Holdings Inc. New 0.08% +0.08
BCE Bce Inc. New 0.08% +0.08
TJX TJX Companies Inc. Add +28.4% 1.00% +0.08
BBY Best Buy Co. Inc. Add +80.0% 0.15% +0.07
CBOE Cboe Global Markets Inc. Add +3026.6% 0.07% +0.07
HWM Howmet Aerospace Inc. Add +2.1% 1.17% +0.07
ULTA Ulta Beauty Inc. Add +3506.9% 0.07% +0.06
AMP Ameriprise Financial Inc. Add +37.1% 0.29% +0.06
HAL Halliburton Co. New 0.06% +0.06
NTRS Northern Trust Corp. Add +251.7% 0.08% +0.06
TRU Transunion New 0.06% +0.06
ABBV Abbvie Inc. Add +3.8% 0.87% +0.06
AEM Agnico Eagle Mines Ltd. New 0.05% +0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 164$4.6BMSFT, NVDA, AVGO, MRK, GOOG
Q1 2026 175$4.1BNVDA, MSFT, AVGO, GOOG, GOOGL
Q4 2025 200$4.1BNVDA, MSFT, GOOG, MRK, GOOGL
Q3 2025 189$4.0BNVDA, MSFT, AVGO, MRK, UL