Phoenix Financial Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Phoenix Financial Ltd. reported 363 stock positions worth $6.5 billion. Its top holding was Teva Pharmaceutical-SP ADR (TEVA) at 6.5% of the portfolio, followed by Amazon.com (AMZN, 4.3%) and Invesco S&P 500 Equal Weight (RSP, 4.1%). Compared with Q4 2024, it opened 58 new positions, sold out of 47, added to 113 and reduced 159. The biggest buy was a new position in Invesco S&P 500 Equal Weight (RSP) and the biggest sale SS Financial Select Sector (XLF, shares −63%).
- Most Recent 13F
- Q2 2026
- Location
- Givatayim, L3
- CIK
- 0001679543
- Portfolio Value
- $6.5B (Q1 2025)
- SEC Filing
- 0001178913-25-001625 ↗ filed May 7, 2025
Holdings Value
Holdings 363 stocks · $6.5B
| TEVA Teva Pharmaceutical-SP ADR | 6.46% | 27,464,572 | $422.1M | Add +29.5% |
| AMZN Amazon.com Inc. | 4.33% | 1,486,029 | $282.9M | Add +1.8% |
| RSP Invesco S&P 500 Equal Weight | 4.12% | 1,554,312 | $269.3M | New |
| MSFT Microsoft Corp. | 3.36% | 584,567 | $219.6M | Reduce -6.6% |
| XLF SS Financial Select Sector | 3.11% | 4,077,174 | $203.1M | Reduce -62.8% |
| XLV SS Health Care Select Sector | 3.05% | 1,363,686 | $199.1M | Add +5.4% |
| NICE Nice Ltd. - Spon ADR | 2.96% | 1,402,538 | $193.6M | Reduce -3.2% |
| MCD McDonald's Corp. | 2.73% | 570,214 | $178.1M | Add +14.9% |
| NVDA Nvidia Corp. | 2.72% | 1,636,325 | $177.5M | Add +19.5% |
| XLI SS Industrial Select Sector | 2.64% | 1,318,041 | $172.8M | Reduce -23.5% |
| XLE SS Energy Select Sector | 2.37% | 1,656,002 | $154.8M | Add +56.6% |
| XLRE SS Real Estate Select Sector | 2.26% | 3,534,204 | $147.9M | Add +46.7% |
| AAPL Apple Inc. | 2.15% | 631,655 | $140.5M | Add +12.6% |
| TSEM Tower Semiconductor Ltd. | 2.10% | 3,848,571 | $137.2M | Reduce -0.1% |
| IYF iShares US Financials ETF | 2.07% | 1,196,572 | $135.0M | No change |
| ORCL Oracle Corp. | 2.06% | 961,490 | $134.5M | Add +64.8% |
| XRT SS SPDR S&P Retail ETF | 2.04% | 1,929,130 | $133.3M | No change |
| GOOG Alphabet Inc. Class C | 1.95% | 814,001 | $127.2M | Add +4.5% |
| IGV iShares Expanded Tech-Softwa | 1.84% | 1,349,414 | $120.1M | Add +0.1% |
| ALLY Ally Financial Inc. | 1.79% | 3,210,003 | $117.1M | Reduce -5.3% |
| ICL Icl Group Ltd. | 1.74% | 20,012,294 | $113.9M | Reduce -0.3% |
| NSC Norfolk Southern Corp. | 1.69% | 465,283 | $110.2M | New |
| IXJ iShares Global Healthcare Et | 1.67% | 1,199,359 | $109.4M | Reduce -0.0% |
| FCX Freeport-McMoran Inc. | 1.53% | 2,641,129 | $100.0M | Add +1354.9% |
| META Meta Platforms Inc. Class A | 1.37% | 155,091 | $89.5M | Reduce -6.6% |
| GOOGL Alphabet Inc. Class A | 1.34% | 565,076 | $87.5M | Add +2.8% |
| C Citigroup Inc. | 1.33% | 1,221,015 | $86.7M | Add +8378.7% |
| AZN Astrazeneca PLC-Spons ADR | 1.30% | 1,156,005 | $85.0M | Reduce -6.3% |
| TGT Target Corp. | 1.15% | 721,495 | $75.3M | Reduce -1.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.14% | 446,078 | $74.3M | Reduce -2.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.98% | 136,961 | $64.3M | Add +35.9% |
| VRNS Varonis Systems Inc. | 0.92% | 1,482,287 | $60.0M | Add +30.2% |
| NVMI Nova Ltd. | 0.87% | 309,436 | $57.1M | Add +17.9% |
| EWZ iShares MSCI Brazil ETF | 0.70% | 1,756,750 | $45.4M | Reduce -41.2% |
| URA Global X Uranium ETF | 0.63% | 1,787,655 | $41.0M | New |
| XOP SS SPDR S&P Og Exp & Prod | 0.58% | 288,993 | $38.1M | No change |
| RSKD Riskified Ltd. Class A | 0.57% | 8,066,562 | $37.3M | No change |
| CFLT Confluent Inc. Class A | 0.56% | 1,547,112 | $36.3M | Add +901.4% |
| SSYS Stratasys Ltd. | 0.54% | 3,613,906 | $35.4M | Add +0.4% |
| XLK SS Technology Select Sector | 0.53% | 167,323 | $34.5M | Add +0.7% |
| SBIO Alps Medical Breakthroughs | 0.50% | 1,465,173 | $32.6M | New |
| FHN First Horizon Corp. | 0.45% | 1,502,216 | $29.4M | New |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.44% | 369,378 | $28.8M | No change |
| CAMT Camtek Ltd. | 0.42% | 469,178 | $27.7M | Add +266.0% |
| MCHI iShares MSCI China ETF | 0.42% | 500,000 | $27.2M | Add +1583.5% |
| AVGO Broadcom Inc. | 0.41% | 160,549 | $26.9M | Reduce -20.4% |
| VST Vistra Corp. | 0.40% | 221,784 | $26.0M | Add +777.2% |
| XTN SS SPDR S&P Transport ETF | 0.39% | 348,200 | $25.7M | No change |
| BA The Boeing Co. | 0.39% | 150,329 | $25.6M | Add +430.9% |
| WIX Wix.com Ltd. | 0.37% | 148,258 | $24.2M | Add +41.2% |
| ARKO Arko Corp. | 0.37% | 6,069,918 | $24.0M | No change |
| MA Mastercard Inc. Class A | 0.35% | 41,160 | $22.6M | Reduce -29.9% |
| XBI SS SPDR S&P Biotech ETF | 0.35% | 278,063 | $22.6M | Reduce -52.2% |
| ENPH Enphase Energy Inc. | 0.34% | 358,600 | $22.3M | Add +73.3% |
| TBLA Taboola.com Ltd. | 0.34% | 7,419,080 | $21.9M | Add +0.3% |
| SMWB Similarweb Ltd. | 0.33% | 2,585,985 | $21.4M | Add +2.5% |
| ADBE Adobe Inc. | 0.32% | 54,349 | $20.9M | Reduce -15.2% |
| LLY Eli Lilly & Co. | 0.31% | 24,889 | $20.6M | Add +30.7% |
| ENLT Enlight Renewable Energy Ltd. | 0.31% | 1,254,495 | $20.3M | No change |
| PAYO Payoneer Global Inc. | 0.30% | 2,703,780 | $19.8M | No change |
| WMT Walmart Inc. | 0.29% | 215,733 | $19.0M | Reduce -13.0% |
| PERI Perion Network Ltd. | 0.28% | 2,279,380 | $18.6M | Add +2.5% |
| COST Costco Wholesale Corp. | 0.28% | 19,570 | $18.5M | Reduce -13.9% |
| V Visa Inc. Class A | 0.28% | 52,414 | $18.4M | Reduce -24.3% |
| LRCX Lam Research Corp. | 0.28% | 251,477 | $18.3M | Add +1387.8% |
| XLP SS Consumer Staples Sel Sect | 0.28% | 221,714 | $18.1M | Reduce -48.2% |
| WFC Wells Fargo & Co. | 0.27% | 244,063 | $17.5M | Reduce -17.9% |
| PANW Palo Alto Networks Inc. | 0.27% | 101,363 | $17.3M | Reduce -78.5% |
| JPM JPMorgan Chase & Co. | 0.26% | 67,854 | $16.7M | Reduce -23.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.25% | 30,089 | $16.0M | Reduce -6.0% |
| CLBT Cellebrite Di Ltd. | 0.24% | 794,659 | $15.4M | Reduce -43.8% |
| TSLA Tesla Inc. | 0.24% | 59,458 | $15.4M | Reduce -5.5% |
| ODYS Odysight.ai Inc. | 0.23% | 2,157,689 | $15.3M | New |
| UNH Unitedhealth Group Inc. | 0.23% | 28,312 | $14.8M | Reduce -33.8% |
| GLD SPDR Gold Shares | 0.22% | 49,852 | $14.4M | Add +128.8% |
| CRM Salesforce Inc. | 0.22% | 53,012 | $14.3M | Add +42.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 326,163 | $13.7M | Reduce -28.0% |
| JCI Johnson Controls Internation | 0.21% | 168,039 | $13.6M | Reduce -86.6% |
| NFLX Netflix Inc. | 0.20% | 13,865 | $13.0M | Add +64.7% |
| PGR Progressive Corp. | 0.19% | 44,873 | $12.7M | Reduce -18.5% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.19% | 138,396 | $12.6M | Reduce -28.8% |
| GILT Gilat Satellite Networks Ltd. | 0.19% | 1,942,322 | $12.3M | No change |
| RDWR Radware Ltd. | 0.18% | 546,514 | $11.8M | Reduce -40.5% |
| GOVT iShares US Treasury Bond ETF | 0.18% | 513,307 | $11.8M | Add +13.0% |
| XOM Exxon Mobil Corp. | 0.18% | 97,050 | $11.6M | Add +23.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.18% | 20,588 | $11.5M | Reduce -6.2% |
| HD Home Depot Inc. | 0.17% | 30,919 | $11.3M | Reduce -3.5% |
| KMDA Kamada Ltd. | 0.17% | 1,654,952 | $11.3M | Reduce -9.7% |
| MRSH Marsh & McLennan Cos | 0.17% | 45,029 | $11.0M | Reduce -12.3% |
| MCK McKesson Corp. | 0.17% | 16,045 | $10.8M | Add +176.1% |
| BSX Boston Scientific Corp. | 0.16% | 105,907 | $10.7M | Reduce -21.0% |
| SYK Stryker Corp. | 0.16% | 27,774 | $10.4M | Add +14.6% |
| FLOC Flowco Holdings Inc. Class A | 0.16% | 402,830 | $10.3M | New |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.15% | 190,920 | $10.0M | Add +3.8% |
| SPIB SS SPDR P Int C Corp. ETF | 0.15% | 295,101 | $9.8M | Add +22.2% |
| UNP Union Pacific Corp. | 0.15% | 41,478 | $9.8M | Add +27.4% |
| INTU Intuit Inc. | 0.15% | 15,551 | $9.6M | Add +220.6% |
| ITRN Ituran Location and Control | 0.14% | 256,021 | $9.4M | Reduce -64.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.14% | 76,663 | $9.4M | Reduce -34.7% |
| CSTE Caesarstone Ltd. | 0.14% | 3,748,541 | $9.1M | No change |
Options reported separately and not counted above: ISHARES TR puts ($52K), TEVA PHARMACEUTICAL INDS LTD calls ($18K), MOBILEYE GLOBAL INC calls ($12K), ICL GROUP LTD calls ($6K), CAE INC puts ($2K).
Other holdings (3): bonds, preferreds, convertibles and warrants · $854K (not counted above)
Total filed on the 13F, all lines: $6.5B.
Portfolio Sells Q4 2024 → Q1 2025
| XLF SS Financial Select Sector | Reduce -62.8% | 3.11% | −4.11 |
| MLPX Global X MLP & Energy Infras | Sold out | 0.00% | −2.72 |
| IXN iShares Global Tech ETF | Sold out | 0.00% | −2.15 |
| MITK Mitek Systems Inc. | Sold out | 0.00% | −1.44 |
| JCI Johnson Controls Internation | Reduce -86.6% | 0.21% | −1.15 |
| PANW Palo Alto Networks Inc. | Reduce -78.5% | 0.27% | −0.92 |
| TSEM Tower Semiconductor Ltd. | Reduce -0.1% | 2.10% | −0.61 |
| ETN Eaton Corp. PLC | Reduce -88.3% | 0.07% | −0.56 |
| MATW Matthews Intl Corp. Class A | Reduce -97.2% | 0.01% | −0.56 |
| TECK Teck Resources Ltd.-CLS B | Sold out | 0.00% | −0.52 |
| NICE Nice Ltd. - Spon ADR | Reduce -3.2% | 2.96% | −0.50 |
| XLI SS Industrial Select Sector | Reduce -23.5% | 2.64% | −0.45 |
| XBI SS SPDR S&P Biotech ETF | Reduce -52.2% | 0.35% | −0.37 |
| CTV Innovid Corp. | Sold out | 0.00% | −0.36 |
| PICK iShares MSCI Global Metals & | Sold out | 0.00% | −0.31 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -84.2% | 0.06% | −0.28 |
| EWY iShares MSCI South Korea ETF | Sold out | 0.00% | −0.28 |
| MSFT Microsoft Corp. | Reduce -6.6% | 3.36% | −0.24 |
| AVGO Broadcom Inc. | Reduce -20.4% | 0.41% | −0.23 |
| EWZ iShares MSCI Brazil ETF | Reduce -41.2% | 0.70% | −0.22 |
| TGT Target Corp. | Reduce -1.0% | 1.15% | −0.19 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.19 |
| TER Teradyne Inc. | Reduce -91.2% | 0.01% | −0.19 |
| CLBT Cellebrite Di Ltd. | Reduce -43.8% | 0.24% | −0.19 |
| XLP SS Consumer Staples Sel Sect | Reduce -48.2% | 0.28% | −0.18 |
| ITRN Ituran Location and Control | Reduce -64.0% | 0.14% | −0.16 |
| EQX Equinox Gold Corp. | Sold out | 0.00% | −0.15 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -2.9% | 1.14% | −0.12 |
| TSLA Tesla Inc. | Reduce -5.5% | 0.24% | −0.11 |
| RDWR Radware Ltd. | Reduce -40.5% | 0.18% | −0.10 |
| NOW ServiceNow Inc. | Reduce -85.5% | 0.01% | −0.08 |
| CAE Cae Inc. | Sold out | 0.00% | −0.08 |
| MA Mastercard Inc. Class A | Reduce -29.9% | 0.35% | −0.08 |
| SRE Sempra | Sold out | 0.00% | −0.07 |
| INVZ Innoviz Technologies Ltd. | Reduce -20.1% | 0.04% | −0.07 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.07 |
| ADBE Adobe Inc. | Reduce -15.2% | 0.32% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -33.8% | 0.23% | −0.07 |
| VTWO Vanguard Russell 2000 ETF | Reduce -60.9% | 0.04% | −0.07 |
| DHR Danaher Corp. | Reduce -75.6% | 0.02% | −0.06 |
| BAC Bank of America Corp. | Reduce -28.0% | 0.21% | −0.06 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.06 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.06 |
| GS Goldman Sachs Group Inc. | Reduce -85.7% | 0.01% | −0.05 |
| RSPT Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -65.3% | 0.03% | −0.05 |
| TJX TJX Companies Inc. | Reduce -34.7% | 0.14% | −0.05 |
| DAL Delta Air Lines Inc. | Reduce -35.1% | 0.05% | −0.05 |
| SMH Vaneck Semiconductor ETF | Reduce -26.3% | 0.12% | −0.05 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| RSP Invesco S&P 500 Equal Weight | New | 4.12% | +4.12 |
| NSC Norfolk Southern Corp. | New | 1.69% | +1.69 |
| FCX Freeport-McMoran Inc. | Add +1354.9% | 1.53% | +1.44 |
| C Citigroup Inc. | Add +8378.7% | 1.33% | +1.31 |
| XLE SS Energy Select Sector | Add +56.6% | 2.37% | +1.13 |
| XLRE SS Real Estate Select Sector | Add +46.7% | 2.26% | +0.93 |
| MCD McDonald's Corp. | Add +14.9% | 2.73% | +0.76 |
| ORCL Oracle Corp. | Add +64.8% | 2.06% | +0.73 |
| URA Global X Uranium ETF | New | 0.63% | +0.63 |
| XLV SS Health Care Select Sector | Add +5.4% | 3.05% | +0.62 |
| SBIO Alps Medical Breakthroughs | New | 0.50% | +0.50 |
| CFLT Confluent Inc. Class A | Add +901.4% | 0.56% | +0.50 |
| FHN First Horizon Corp. | New | 0.45% | +0.45 |
| MCHI iShares MSCI China ETF | Add +1583.5% | 0.42% | +0.40 |
| VST Vistra Corp. | Add +777.2% | 0.40% | +0.35 |
| BA The Boeing Co. | Add +430.9% | 0.39% | +0.32 |
| CAMT Camtek Ltd. | Add +266.0% | 0.42% | +0.28 |
| QQQ Invesco QQQ Trust Series 1 | Add +35.9% | 0.98% | +0.28 |
| LRCX Lam Research Corp. | Add +1387.8% | 0.28% | +0.26 |
| VRNS Varonis Systems Inc. | Add +30.2% | 0.92% | +0.24 |
| ODYS Odysight.ai Inc. | New | 0.23% | +0.23 |
| AAPL Apple Inc. | Add +12.6% | 2.15% | +0.23 |
| NVDA Nvidia Corp. | Add +19.5% | 2.72% | +0.21 |
| NVMI Nova Ltd. | Add +17.9% | 0.87% | +0.17 |
| FLOC Flowco Holdings Inc. Class A | New | 0.16% | +0.16 |
| GLD SPDR Gold Shares | Add +128.8% | 0.22% | +0.15 |
| ENPH Enphase Energy Inc. | Add +73.3% | 0.34% | +0.15 |
| MCK McKesson Corp. | Add +176.1% | 0.17% | +0.12 |
| LLY Eli Lilly & Co. | Add +30.7% | 0.31% | +0.11 |
| INTU Intuit Inc. | Add +220.6% | 0.15% | +0.10 |
| SSYS Stratasys Ltd. | Add +0.4% | 0.54% | +0.10 |
| TDG Transdigm Group Inc. | New | 0.10% | +0.10 |
| NFLX Netflix Inc. | Add +64.7% | 0.20% | +0.10 |
| KWEB Kranesh Csi China Internet | Add +146.6% | 0.14% | +0.10 |
| IWM iShares Russell 2000 ETF | New | 0.09% | +0.09 |
| TEVA Teva Pharmaceutical-SP ADR | Add +29.5% | 6.46% | +0.08 |
| GLBE Global-E Online Ltd. | New | 0.07% | +0.07 |
| MDT Medtronic PLC | Add +938.9% | 0.07% | +0.07 |
| SAIL Sailpoint Inc. | New | 0.07% | +0.07 |
| WIX Wix.com Ltd. | Add +41.2% | 0.37% | +0.06 |
| XOM Exxon Mobil Corp. | Add +23.9% | 0.18% | +0.06 |
| APO Apollo Global Management Inc. | New | 0.06% | +0.06 |
| UBER Uber Technologies Inc. | Add +44.6% | 0.11% | +0.05 |
| UNP Union Pacific Corp. | Add +27.4% | 0.15% | +0.05 |
| CRM Salesforce Inc. | Add +42.6% | 0.22% | +0.05 |
| APD Air Products & Chemicals Inc. | Add +1404.7% | 0.05% | +0.05 |
| SPIB SS SPDR P Int C Corp. ETF | Add +22.2% | 0.15% | +0.04 |
| WMB Williams Cos Inc. | New | 0.04% | +0.04 |
| SYK Stryker Corp. | Add +14.6% | 0.16% | +0.04 |
| GOVT iShares US Treasury Bond ETF | Add +13.0% | 0.18% | +0.04 |
Options Activity Q4 2024 → Q1 2025
| ISHARES TR | put | New | 950,000 | $52K |
| TEVA PHARMACEUTICAL INDS LTD | call | New | 1,202,500 | $18K |
| TEVA Teva Pharmaceutical-SP ADR | call | Sold out | 740,000 | $16Kbefore exit |
| MOBILEYE GLOBAL INC | call | New | 830,000 | $12K |
| GOOGL Alphabet Inc. Class A | call | Sold out | 36,800 | $7Kbefore exit |
| ICL GROUP LTD | call | New | 1,050,000 | $6K |
| SHEL Shell PLC-ADR | call | Sold out | 58,900 | $4Kbefore exit |
| V Visa Inc. Class A | call | Sold out | 10,500 | $3Kbefore exit |
| ICL Icl Group Ltd. | call | Sold out | 650,000 | $3Kbefore exit |
| AMZN Amazon.com Inc. | call | Sold out | 11,000 | $2Kbefore exit |
| CAE INC | put | New | 97,500 | $2K |
| RSKD Riskified Ltd. Class A | call | Sold out | 380,000 | $2Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| INNOVID CORP | *W EXP 11/30/202 | Sold out | 697,170 | $252Kbefore exit |
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 | 518 | $14.6B | TEVA, TSEM, XLI, IXN, TSM |
| Q1 2026 | 480 | $10.5B | TEVA, TSEM, XLI, AMZN, IXN |
| Q4 2025 | 459 | $9.2B | TEVA, XLI, TSEM, AMZN, MSFT |
| Q3 2025Amended | 454 | $8.2B | TEVA, ACWI, MSFT, RSP, NVDA |
| Q2 2025 | 418 | $7.6B | TEVA, MSFT, XLI, AMZN, ACWI |
| Q1 2025 | 363 | $6.5B | TEVA, AMZN, RSP, MSFT, XLF |
| Q4 2024 | 352 | $7.3B | XLF, TEVA, AMZN, MSFT, NICE |
| Q3 2024 | 353 | $6.8B | XLF, TEVA, NICE, MSFT, AMZN |
| Q2 2024 | 338 | $6.6B | XLF, TEVA, NICE, MSFT, NVDA |
| Q1 2024 | 400 | $7.2B | XLF, TEVA, XOP, NICE, XLV |