Munich Reinsurance Co Stock Corp in Munich

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Munich Reinsurance Co Stock Corp in Munich reported 200 stock positions worth $4.1 billion. Its top holding was Nvidia (NVDA) at 4.7% of the portfolio, followed by Microsoft (MSFT, 3.8%) and Alphabet Class C (GOOG, 2.6%). Compared with Q3 2025, it opened 39 new positions, sold out of 28, added to 73 and reduced 69. The biggest buy was a new position in Huntington Bancshares (HBAN) and the biggest sale an exit from Deutsche Bank AG-Registered (DB).

Most Recent 13F
Q2 2026
Location
MUNICH, 2M
CIK
0002090208
Portfolio Value
$4.1B (Q4 2025)
SEC Filing
0001019056-26-000014 ↗ filed Jan 29, 2026

Holdings Value

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

Holdings 200 stocks · $4.1B
NVDA Nvidia Corp. 4.67% 1,023,739 $192.0M Reduce -0.1%
MSFT Microsoft Corp. 3.79% 319,747 $155.9M Add +10.7%
GOOG Alphabet Inc. Class C 2.61% 340,804 $107.2M Add +1.0%
MRK Merck & Co. Inc. 2.55% 989,918 $105.0M Reduce -6.2%
GOOGL Alphabet Inc. Class A 2.48% 324,621 $101.9M Reduce -1.4%
AVGO Broadcom Inc. 2.37% 278,187 $97.3M Reduce -9.3%
AAPL Apple Inc. 2.00% 300,900 $82.2M Add +25.9%
GILD Gilead Sciences Inc. 1.97% 657,973 $81.0M Add +8.2%
UL Unilever PLC-Sponsored ADR 1.97% 1,234,220 $81.0M Reduce -0.1%
TMUS T-Mobile US Inc. 1.97% 396,790 $80.9M Add +104.1%
LLY Eli Lilly & Co. 1.95% 74,208 $80.1M Add +1.3%
AMZN Amazon.com Inc. 1.93% 341,323 $79.4M Add +24.4%
PCAR Paccar Inc. 1.78% 661,042 $73.3M Reduce -15.0%
HBAN Huntington Bancshares Inc. 1.78% 4,197,676 $73.3M New
MTB M & T Bank Corp. filed as M & T BK CORP 1.74% 351,076 $71.5M Add +37.1%
FERG Ferguson Enterprises Inc. 1.73% 316,230 $71.3M Add +727.0%
PPG PPG Industries Inc. 1.68% 665,295 $69.0M Reduce -0.2%
CVX Chevron Corp. 1.63% 439,062 $66.9M Reduce -0.1%
CCI Crown Castle Inc. 1.62% 747,804 $66.6M Add +4.1%
ELV Elevance Health Inc. 1.61% 190,264 $66.4M Reduce -3.2%
NXPI NXP Semiconductors NV 1.60% 299,436 $65.9M Add +2.1%
RJF Raymond James Financial Inc. 1.60% 404,523 $65.8M Reduce -0.1%
GLPI Gaming and Leisure Propertie 1.60% 1,456,590 $65.6M Add +5.3%
NDAQ Nasdaq Inc. 1.59% 666,027 $65.4M Add +2.4%
KDP Keurig Dr Pepper Inc. 1.59% 2,317,846 $65.2M Add +50.6%
EMR Emerson Electric Co. 1.59% 481,979 $65.2M Reduce 0.0%
SRE Sempra 1.58% 731,250 $65.1M Reduce -5.0%
D Dominion Energy Inc. 1.56% 1,085,132 $64.1M Add +1.8%
ADM Archer-Daniels-Midland Co. 1.47% 1,038,152 $60.4M Add +1.2%
LHX L3HARRIS Technologies Inc. 1.35% 188,148 $55.6M Reduce -20.7%
MA Mastercard Inc. Class A 1.35% 96,169 $55.5M Reduce -10.7%
WY Weyerhaeuser Co. 1.35% 2,312,826 $55.5M Add +17.0%
UNH Unitedhealth Group Inc. 1.32% 162,904 $54.1M Reduce -6.7%
AVY Avery Dennison Corp. 1.31% 295,036 $54.0M Reduce -7.0%
AIG American International Group 1.30% 618,422 $53.3M Reduce -37.0%
BKNG Booking Holdings Inc. 1.28% 9,695 $52.6M Add +31.0%
META Meta Platforms Inc. Class A 1.26% 78,113 $52.0M No change
CSCO Cisco Systems Inc. 1.24% 659,218 $51.0M Add +8.3%
V Visa Inc. Class A 1.22% 141,394 $50.0M Reduce -7.5%
ABBV Abbvie Inc. 1.20% 214,271 $49.2M Add +4.2%
DKS Dick's Sporting Goods Inc. 1.09% 225,492 $44.9M New
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.08% 285,240 $44.3M Reduce -9.6%
MRSH Marsh & McLennan Cos 1.05% 230,498 $43.2M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.04% 770,797 $42.6M Reduce -11.7%
ATO Atmos Energy Corp. 1.03% 251,940 $42.5M New
AMD Advanced Micro Devices 0.98% 187,213 $40.3M Add +8.4%
PANW Palo Alto Networks Inc. 0.96% 211,448 $39.5M Add +1.3%
APH Amphenol Corp. Class A 0.89% 268,715 $36.6M Add +0.6%
TMO Thermo Fisher Scientific Inc. 0.88% 62,250 $36.3M Add +60.1%
KLAC KLA Corp. 0.88% 29,151 $36.3M No change
HWM Howmet Aerospace Inc. 0.86% 170,953 $35.5M Reduce -0.1%
UBER Uber Technologies Inc. 0.75% 373,202 $30.6M Add +19.9%
TKO Tko Group Holdings Inc. 0.74% 142,198 $30.5M Reduce -8.9%
LOGI Logitech International-Reg 0.67% 268,838 $27.7M Reduce -7.6%
NFLX Netflix Inc. 0.66% 288,351 $27.0M Add +2.2%
ROP Roper Technologies Inc. 0.64% 58,376 $26.3M Reduce -22.9%
COF Capital One Financial Corp. 0.57% 96,467 $23.5M Add +10162.5%
VZ Verizon Communications Inc. 0.44% 442,712 $18.0M Add +119.8%
DAL Delta Air Lines Inc. 0.42% 251,350 $17.4M Add +9.9%
OTEX Open Text Corp. 0.34% 427,564 $14.1M Add +59.0%
NOW ServiceNow Inc. 0.31% 83,105 $12.8M Add +6443.7%
BLK BlackRock Inc. 0.30% 11,487 $12.4M Add +7124.5%
LRCX Lam Research Corp. 0.30% 70,868 $12.3M Reduce -63.9%
LPLA LPL Financial Holdings Inc. 0.29% 33,682 $12.1M Add +467.4%
TSM Taiwan Semiconductor-SP ADR 0.28% 39,002 $11.7M Reduce -9.1%
HCA HCA Healthcare Inc. 0.28% 24,245 $11.5M Add +335.4%
HIMS Hims & Hers Health Inc. 0.27% 338,594 $11.2M New
ADI Analog Devices Inc. 0.25% 38,003 $10.4M Add +46.2%
SCHW Schwab (charles) Corp. 0.25% 103,163 $10.4M Add +5728.4%
CAT Caterpillar Inc. 0.25% 17,908 $10.3M Add +51.8%
HPE Hewlett Packard Enterprise 0.25% 422,415 $10.2M New
ORCL Oracle Corp. 0.25% 51,493 $10.2M Reduce -52.8%
PLD Prologis Inc. 0.24% 77,643 $10.0M Add +4893.1%
INFY Infosys Ltd.-SP ADR 0.23% 525,854 $9.5M Add +408.6%
COR Cencora Inc. 0.21% 25,578 $8.7M Reduce -57.9%
MS Morgan Stanley 0.21% 47,712 $8.5M Add +93.5%
WDC Western Digital Corp. 0.21% 47,940 $8.4M Reduce -47.4%
HDB HDFC Bank Ltd.-ADR 0.20% 222,218 $8.1M No change
ALL Allstate Corp. 0.18% 36,064 $7.5M Add +69.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.18% 64,158 $7.4M Add +157.0%
PYPL PayPal Holdings Inc. 0.17% 121,251 $7.2M Reduce -30.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.17% 22,890 $6.9M Reduce -63.6%
PFG Principal Financial Group 0.16% 76,204 $6.8M Add +4279.5%
SHOP Shopify Inc. Class A 0.16% 39,374 $6.5M Add +159.7%
RCI Rogers Communications Inc. Class B 0.16% 168,894 $6.4M New
BBY Best Buy Co. Inc. 0.15% 92,428 $6.3M Add +422.9%
INCY Incyte Corp. 0.15% 61,319 $6.1M New
PODD Insulet Corp. 0.14% 20,218 $5.8M New
TWLO Twilio Inc. Class A 0.14% 38,541 $5.6M Add +21.4%
ADSK Autodesk Inc. 0.13% 18,309 $5.5M Reduce -32.8%
HIG Hartford Insurance Group Inc. 0.13% 39,399 $5.5M Add +100.7%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.13% 55,453 $5.5M New
UPS United Parcel Service Class B 0.13% 54,091 $5.4M New
ZS Zscaler Inc. 0.13% 23,627 $5.4M Add +246.1%
PRU Prudential Financial Inc. 0.13% 46,990 $5.3M Add +2669.0%
FTV Fortive Corp. 0.13% 93,935 $5.3M New
GEN Gen Digital Inc. 0.13% 188,387 $5.2M No change
FSLR First Solar Inc. 0.12% 19,196 $5.1M Add +330.8%
DOCU Docusign Inc. 0.12% 73,171 $5.1M Reduce -70.0%
CBRE CBRE Group Inc. Class A 0.12% 30,769 $5.0M Add +64.9%

Show all 200 holdings

Portfolio Sells Q3 2025 → Q4 2025
DB Deutsche Bank AG-Registered Sold out 0.00% −1.46
AEP American Electric Power Sold out 0.00% −1.40
TSCO Tractor Supply Company Sold out 0.00% −1.37
RF Regions Financial Corp. Reduce -99.7% 0.00% −1.36
PFE Pfizer Inc. Sold out 0.00% −1.01
AZO AutoZone Inc. Sold out 0.00% −0.84
AIG American International Group Reduce -37.0% 1.30% −0.64
SNPS Synopsys Inc. Reduce -82.0% 0.12% −0.60
ORCL Oracle Corp. Reduce -52.8% 0.25% −0.52
LHX L3HARRIS Technologies Inc. Reduce -20.7% 1.35% −0.46
AMGN Amgen Inc. Reduce -93.8% 0.03% −0.37
KMB Kimberly-Clark Corp. Reduce -99.0% 0.00% −0.37
LRCX Lam Research Corp. Reduce -63.9% 0.30% −0.36
DOCU Docusign Inc. Reduce -70.0% 0.12% −0.32
ROP Roper Technologies Inc. Reduce -22.9% 0.64% −0.31
IBM Intl Business Machines Corp. Reduce -63.6% 0.17% −0.28
HD Home Depot Inc. Reduce -95.2% 0.01% −0.27
COR Cencora Inc. Reduce -57.9% 0.21% −0.26
LII Lennox International Inc. Sold out 0.00% −0.23
EBAY eBay Inc. Sold out 0.00% −0.22
EME Emcor Group Inc. Sold out 0.00% −0.22
AMP Ameriprise Financial Inc. Reduce -90.6% 0.02% −0.22
ITW Illinois Tool Works Reduce -97.2% 0.01% −0.22
UNH Unitedhealth Group Inc. Reduce -6.7% 1.32% −0.20
TRMB Trimble Inc. Sold out 0.00% −0.19
MA Mastercard Inc. Class A Reduce -10.7% 1.35% −0.19
NTAP Netapp Inc. Reduce -59.6% 0.10% −0.18
AVGO Broadcom Inc. Reduce -9.3% 2.37% −0.17
FIS Fidelity National Info Serv Reduce -97.9% 0.00% −0.17
ADP Automatic Data Processing Reduce -95.7% 0.01% −0.17
CRM Salesforce Inc. Reduce -95.4% 0.01% −0.17
ZTS Zoetis Inc. Reduce -98.0% 0.00% −0.17
ULTA Ulta Beauty Inc. Reduce -80.6% 0.04% −0.17
TD Toronto-Dominion Bank Reduce -96.6% 0.01% −0.16
KR Kroger Co. Sold out 0.00% −0.16
RJF Raymond James Financial Inc. Reduce -0.1% 1.60% −0.15
SRE Sempra Reduce -5.0% 1.58% −0.15
DG Dollar General Corp. Reduce -86.3% 0.03% −0.15
DVA Davita Inc. Sold out 0.00% −0.14
HUM Humana Inc. Sold out 0.00% −0.14
PCAR Paccar Inc. Reduce -15.0% 1.78% −0.13
CHRW C.H. Robinson Worldwide Inc. Sold out 0.00% −0.13
AMAT Applied Materials Inc. Reduce -75.0% 0.06% −0.13
SYY Sysco Corp. Sold out 0.00% −0.13
IDXX Idexx Laboratories Inc. Sold out 0.00% −0.13
NVDA Nvidia Corp. Reduce -0.1% 4.67% −0.12
LOGI Logitech International-Reg Reduce -7.6% 0.67% −0.12
PNC PNC Financial Services Group Reduce -95.3% 0.01% −0.12
PYPL PayPal Holdings Inc. Reduce -30.0% 0.17% −0.12
WSM Williams-Sonoma Inc. Sold out 0.00% −0.12

Portfolio Buys Q3 2025 → Q4 2025
HBAN Huntington Bancshares Inc. New 1.78% +1.78
FERG Ferguson Enterprises Inc. Add +727.0% 1.73% +1.52
DKS Dick's Sporting Goods Inc. New 1.09% +1.09
MRSH Marsh & McLennan Cos New 1.05% +1.05
ATO Atmos Energy Corp. New 1.03% +1.03
TMUS T-Mobile US Inc. Add +104.1% 1.97% +0.80
KDP Keurig Dr Pepper Inc. Add +50.6% 1.59% +0.60
COF Capital One Financial Corp. Add +10162.5% 0.57% +0.57
LLY Eli Lilly & Co. Add +1.3% 1.95% +0.55
GOOG Alphabet Inc. Class C Add +1.0% 2.61% +0.55
AAPL Apple Inc. Add +25.9% 2.00% +0.47
MTB M & T Bank Corp. Add +37.1% 1.74% +0.47
AMZN Amazon.com Inc. Add +24.4% 1.93% +0.42
TMO Thermo Fisher Scientific Inc. Add +60.1% 0.88% +0.41
NOW ServiceNow Inc. Add +6443.7% 0.31% +0.31
BLK BlackRock Inc. Add +7124.5% 0.30% +0.30
AMD Advanced Micro Devices Add +8.4% 0.98% +0.28
GILD Gilead Sciences Inc. Add +8.2% 1.97% +0.28
BKNG Booking Holdings Inc. Add +31.0% 1.28% +0.28
HIMS Hims & Hers Health Inc. New 0.27% +0.27
SCHW Schwab (charles) Corp. Add +5728.4% 0.25% +0.25
HPE Hewlett Packard Enterprise New 0.25% +0.25
LPLA LPL Financial Holdings Inc. Add +467.4% 0.29% +0.25
PLD Prologis Inc. Add +4893.1% 0.24% +0.24
HCA HCA Healthcare Inc. Add +335.4% 0.28% +0.22
VZ Verizon Communications Inc. Add +119.8% 0.44% +0.22
CSCO Cisco Systems Inc. Add +8.3% 1.24% +0.20
INFY Infosys Ltd.-SP ADR Add +408.6% 0.23% +0.19
PFG Principal Financial Group Add +4279.5% 0.16% +0.16
RCI Rogers Communications Inc. Class B New 0.16% +0.16
NDAQ Nasdaq Inc. Add +2.4% 1.59% +0.15
INCY Incyte Corp. New 0.15% +0.15
PODD Insulet Corp. New 0.14% +0.14
SJM The JM Smucker Co. New 0.13% +0.13
UPS United Parcel Service Class B New 0.13% +0.13
FTV Fortive Corp. New 0.13% +0.13
PRU Prudential Financial Inc. Add +2669.0% 0.13% +0.13
WY Weyerhaeuser Co. Add +17.0% 1.35% +0.12
BBY Best Buy Co. Inc. Add +422.9% 0.15% +0.12
ZBH Zimmer Biomet Holdings Inc. Add +4766.7% 0.12% +0.12
CAT Caterpillar Inc. Add +51.8% 0.25% +0.11
EW Edwards Lifesciences Corp. Add +3673.5% 0.11% +0.11
MS Morgan Stanley Add +93.5% 0.21% +0.11
DIS The Walt Disney Co. Add +157.0% 0.18% +0.11
MRVL Marvell Technology Inc. New 0.11% +0.11
TFC Truist Financial Corp. New 0.11% +0.11
TRI Thomson Reuters Corp. New 0.10% +0.10
SHOP Shopify Inc. Class A Add +159.7% 0.16% +0.10
FSLR First Solar Inc. Add +330.8% 0.12% +0.10
DAL Delta Air Lines Inc. Add +9.9% 0.42% +0.10

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