Phoenix Financial Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Phoenix Financial Ltd. reported 418 stock positions worth $7.6 billion. Its top holding was Teva Pharmaceutical-SP ADR (TEVA) at 8.3% of the portfolio, followed by Microsoft (MSFT, 4.9%) and SS Industrial Select Sector (XLI, 4.8%). Compared with Q1 2025, it opened 89 new positions, sold out of 34, added to 139 and reduced 149. The biggest buy was iShares MSCI Acwi ETF (ACWI, shares +73378%) and the biggest sale McDonald's (MCD, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- Givatayim, L3
- CIK
- 0001679543
- Portfolio Value
- $7.6B (Q2 2025)
- SEC Filing
- 0001178913-25-002533 ↗ filed Jul 30, 2025
Holdings Value
Holdings 418 stocks · $7.6B
| TEVA Teva Pharmaceutical-SP ADR | 8.35% | 37,761,444 | $632.9M | Add +37.5% |
| MSFT Microsoft Corp. | 4.87% | 742,793 | $369.3M | Add +27.1% |
| XLI SS Industrial Select Sector | 4.76% | 2,444,375 | $360.6M | Add +85.5% |
| AMZN Amazon.com Inc. | 4.57% | 1,577,948 | $346.0M | Add +6.2% |
| ACWI iShares MSCI Acwi ETF | 3.89% | 2,292,511 | $294.8M | Add +73377.9% |
| NVDA Nvidia Corp. | 3.80% | 1,829,642 | $287.7M | Add +11.8% |
| RSP Invesco S&P 500 Equal Weight | 3.73% | 1,554,000 | $282.4M | Reduce -0.0% |
| NICE Nice Ltd. - Spon ADR | 2.77% | 1,179,600 | $209.7M | Reduce -15.9% |
| EWZ iShares MSCI Brazil ETF | 2.52% | 6,609,000 | $190.7M | Add +276.2% |
| GOOG Alphabet Inc. Class C | 2.34% | 1,000,895 | $177.5M | Add +23.0% |
| TSEM Tower Semiconductor Ltd. | 2.24% | 3,661,771 | $169.5M | Reduce -4.8% |
| AAPL Apple Inc. | 2.23% | 683,459 | $169.0M | Add +8.2% |
| XLF SS Financial Select Sector | 2.10% | 3,038,434 | $159.1M | Reduce -25.5% |
| NSC Norfolk Southern Corp. | 1.96% | 580,349 | $148.6M | Add +24.7% |
| IGV iShares Expanded Tech-Softwa | 1.95% | 1,352,553 | $148.1M | Add +0.2% |
| IYF iShares US Financials ETF | 1.91% | 1,196,572 | $144.8M | No change |
| NVMI Nova Ltd. | 1.82% | 398,260 | $138.1M | Add +28.7% |
| XLV SS Health Care Select Sector | 1.72% | 966,761 | $130.3M | Reduce -29.1% |
| ICL Icl Group Ltd. | 1.71% | 18,810,302 | $129.4M | Reduce -6.0% |
| ORCL Oracle Corp. | 1.51% | 524,070 | $114.5M | Reduce -45.5% |
| XLK SS Technology Select Sector | 1.51% | 451,761 | $114.4M | Add +170.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.39% | 465,350 | $105.5M | Add +4.3% |
| WFC Wells Fargo & Co. | 1.39% | 1,312,103 | $105.1M | Add +437.6% |
| IXJ iShares Global Healthcare Et | 1.36% | 1,199,299 | $103.2M | Reduce -0.0% |
| XLRE SS Real Estate Select Sector | 1.27% | 2,324,204 | $96.3M | Reduce -34.2% |
| FCX Freeport-McMoran Inc. | 1.14% | 1,986,087 | $86.1M | Reduce -24.8% |
| META Meta Platforms Inc. Class A | 1.13% | 117,093 | $85.7M | Reduce -24.5% |
| QQQ Invesco QQQ Trust Series 1 | 1.08% | 147,959 | $81.7M | Add +8.0% |
| VRNS Varonis Systems Inc. | 0.97% | 1,443,345 | $73.2M | Reduce -2.6% |
| TGT Target Corp. | 0.91% | 702,070 | $69.3M | Reduce -2.7% |
| XLE SS Energy Select Sector | 0.83% | 738,640 | $62.6M | Reduce -55.4% |
| AVGO Broadcom Inc. | 0.76% | 211,125 | $57.5M | Add +31.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.75% | 92,016 | $56.9M | Add +346.9% |
| AZN Astrazeneca PLC-Spons ADR | 0.75% | 811,598 | $56.7M | Reduce -29.8% |
| MCD McDonald's Corp. | 0.68% | 177,222 | $51.8M | Reduce -68.9% |
| GOOGL Alphabet Inc. Class A | 0.68% | 294,852 | $51.7M | Reduce -47.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.60% | 555,588 | $45.4M | Add +945.4% |
| SSYS Stratasys Ltd. | 0.55% | 1,777,106 | $41.4M | Reduce -50.8% |
| XLY SS Consumer Disc Select Sect | 0.54% | 189,467 | $41.2M | New |
| CFLT Confluent Inc. Class A | 0.50% | 1,527,640 | $38.1M | Reduce -1.3% |
| CAMT Camtek Ltd. | 0.50% | 448,739 | $37.9M | Reduce -4.4% |
| SMH Vaneck Semiconductor ETF | 0.50% | 135,801 | $37.9M | Add +273.2% |
| EXI iShares Global Industrials E | 0.47% | 215,300 | $35.6M | New |
| SBIO Alps Medical Breakthroughs | 0.46% | 1,465,173 | $35.0M | No change |
| WIX Wix.com Ltd. | 0.43% | 205,258 | $32.5M | Add +38.5% |
| CLBT Cellebrite Di Ltd. | 0.43% | 2,014,617 | $32.2M | Add +153.5% |
| ENLT Enlight Renewable Energy Ltd. | 0.42% | 1,383,986 | $31.7M | Add +10.3% |
| RSKD Riskified Ltd. Class A | 0.41% | 6,282,562 | $31.3M | Reduce -22.1% |
| MCHI iShares MSCI China ETF | 0.36% | 500,000 | $27.6M | No change |
| ARKO Arko Corp. | 0.34% | 6,069,918 | $25.7M | No change |
| MA Mastercard Inc. Class A | 0.33% | 44,571 | $25.0M | Add +8.3% |
| LLY Eli Lilly & Co. | 0.32% | 31,332 | $24.4M | Add +25.9% |
| XTN SS SPDR S&P Transport ETF | 0.32% | 300,200 | $24.2M | Reduce -13.8% |
| V Visa Inc. Class A | 0.30% | 64,738 | $22.9M | Add +23.5% |
| LRCX Lam Research Corp. | 0.30% | 231,346 | $22.6M | Reduce -8.0% |
| JPM JPMorgan Chase & Co. | 0.29% | 76,766 | $22.2M | Add +13.1% |
| TSLA Tesla Inc. | 0.29% | 68,090 | $21.7M | Add +14.5% |
| COST Costco Wholesale Corp. | 0.28% | 21,445 | $21.2M | Add +9.6% |
| WMT Walmart Inc. | 0.28% | 216,838 | $21.2M | Add +0.5% |
| SMWB Similarweb Ltd. | 0.28% | 1,629,185 | $21.1M | Reduce -37.0% |
| NFLX Netflix Inc. | 0.27% | 15,626 | $20.8M | Add +12.7% |
| PERI Perion Network Ltd. | 0.26% | 1,512,231 | $19.9M | Reduce -33.7% |
| XLP SS Consumer Staples Sel Sect | 0.26% | 242,017 | $19.6M | Add +9.2% |
| PAYO Payoneer Global Inc. | 0.24% | 2,703,780 | $18.5M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 35,463 | $17.2M | Add +17.9% |
| ADBE Adobe Inc. | 0.21% | 40,729 | $15.8M | Reduce -25.1% |
| CRM Salesforce Inc. | 0.19% | 53,375 | $14.6M | Add +0.7% |
| GILT Gilat Satellite Networks Ltd. | 0.18% | 1,942,322 | $13.8M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 288,342 | $13.7M | Reduce -11.6% |
| HD Home Depot Inc. | 0.18% | 37,517 | $13.7M | Add +21.3% |
| MGIC Magic Software Enterprises | 0.17% | 678,350 | $13.0M | Reduce -1.6% |
| KMDA Kamada Ltd. | 0.17% | 1,654,952 | $12.8M | No change |
| MCK McKesson Corp. | 0.16% | 16,738 | $12.3M | Add +4.3% |
| BSX Boston Scientific Corp. | 0.16% | 113,278 | $12.2M | Add +7.0% |
| TBLA Taboola.com Ltd. | 0.16% | 3,251,380 | $11.9M | Reduce -56.2% |
| XOM Exxon Mobil Corp. | 0.16% | 109,114 | $11.8M | Add +12.4% |
| PGR Progressive Corp. | 0.15% | 43,042 | $11.5M | Reduce -4.1% |
| GOVT iShares US Treasury Bond ETF | 0.15% | 491,047 | $11.3M | Reduce -4.3% |
| ESLT Elbit Systems Ltd. | 0.15% | 25,000 | $11.3M | New |
| PANW Palo Alto Networks Inc. | 0.15% | 54,465 | $11.1M | Reduce -46.3% |
| INTU Intuit Inc. | 0.14% | 13,861 | $10.9M | Reduce -10.9% |
| ODYS Odysight.ai Inc. | 0.14% | 2,053,522 | $10.5M | Reduce -4.8% |
| GLD SPDR Gold Shares | 0.14% | 34,135 | $10.4M | Reduce -31.5% |
| CAE Cae Inc. | 0.14% | 352,200 | $10.3M | New |
| CSCO Cisco Systems Inc. | 0.14% | 148,311 | $10.3M | Add +186.1% |
| COF Capital One Financial Corp. | 0.13% | 47,997 | $10.2M | Add +11.8% |
| UBER Uber Technologies Inc. | 0.13% | 108,498 | $10.1M | Add +11.1% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.13% | 189,222 | $10.1M | Reduce -0.9% |
| SPIB SS SPDR P Int C Corp. ETF | 0.13% | 297,081 | $10.0M | Add +0.7% |
| MBLY Mobileye Global Inc. Class A | 0.13% | 550,892 | $9.9M | Add +588.6% |
| SYK Stryker Corp. | 0.13% | 24,945 | $9.9M | Reduce -10.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.13% | 13 | $9.8M | New |
| MRSH Marsh & McLennan Cos | 0.12% | 43,283 | $9.5M | Reduce -3.9% |
| C Citigroup Inc. | 0.12% | 109,805 | $9.4M | Reduce -91.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.12% | 72,033 | $8.9M | Reduce -6.0% |
| IWP iShares Russell Mid-Cap Grow | 0.12% | 64,128 | $8.9M | Add +6.2% |
| BA The Boeing Co. | 0.12% | 42,434 | $8.9M | Reduce -71.8% |
| TDG Transdigm Group Inc. | 0.11% | 5,725 | $8.7M | Add +16.5% |
| AMAT Applied Materials Inc. | 0.11% | 46,313 | $8.5M | Reduce -17.7% |
| SHLD Global X Defense Tech ETF | 0.11% | 139,088 | $8.4M | Add +6.5% |
Options reported separately and not counted above: GLOBAL E ONLINE LTD calls ($15K), MOBILEYE GLOBAL INC calls ($14K), ICL GROUP LTD calls ($3K), ALLY FINL INC calls ($1K).
Other holdings (3): bonds, preferreds, convertibles and warrants · $641K (not counted above)
Total filed on the 13F, all lines: $7.6B.
Portfolio Sells Q1 2025 → Q2 2025
| MCD McDonald's Corp. | Reduce -68.9% | 0.68% | −2.04 |
| XRT SS SPDR S&P Retail ETF | Sold out | 0.00% | −2.04 |
| ALLY Ally Financial Inc. | Sold out | 0.00% | −1.79 |
| XLE SS Energy Select Sector | Reduce -55.4% | 0.83% | −1.54 |
| XLV SS Health Care Select Sector | Reduce -29.1% | 1.72% | −1.33 |
| C Citigroup Inc. | Reduce -91.0% | 0.12% | −1.20 |
| XLF SS Financial Select Sector | Reduce -25.5% | 2.10% | −1.01 |
| XLRE SS Real Estate Select Sector | Reduce -34.2% | 1.27% | −0.99 |
| GOOGL Alphabet Inc. Class A | Reduce -47.8% | 0.68% | −0.66 |
| URA Global X Uranium ETF | Reduce -99.7% | 0.00% | −0.62 |
| XOP SS SPDR S&P Og Exp & Prod | Sold out | 0.00% | −0.58 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -29.8% | 0.75% | −0.55 |
| ORCL Oracle Corp. | Reduce -45.5% | 1.51% | −0.55 |
| FHN First Horizon Corp. | Sold out | 0.00% | −0.45 |
| IFF Intl Flavors & Fragrances | Sold out | 0.00% | −0.44 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.0% | 3.73% | −0.40 |
| FCX Freeport-McMoran Inc. | Reduce -24.8% | 1.14% | −0.40 |
| VST Vistra Corp. | Reduce -88.7% | 0.06% | −0.33 |
| ENPH Enphase Energy Inc. | Reduce -95.8% | 0.01% | −0.33 |
| XBI SS SPDR S&P Biotech ETF | Reduce -95.4% | 0.01% | −0.33 |
| IXJ iShares Global Healthcare Et | Reduce -0.0% | 1.36% | −0.31 |
| BA The Boeing Co. | Reduce -71.8% | 0.12% | −0.28 |
| TGT Target Corp. | Reduce -2.7% | 0.91% | −0.24 |
| META Meta Platforms Inc. Class A | Reduce -24.5% | 1.13% | −0.24 |
| NICE Nice Ltd. - Spon ADR | Reduce -15.9% | 2.77% | −0.20 |
| KOF Coca-Cola Femsa Sab-SP ADR | Sold out | 0.00% | −0.19 |
| TBLA Taboola.com Ltd. | Reduce -56.2% | 0.16% | −0.18 |
| JCI Johnson Controls Internation | Reduce -84.9% | 0.04% | −0.17 |
| RSKD Riskified Ltd. Class A | Reduce -22.1% | 0.41% | −0.16 |
| FLOC Flowco Holdings Inc. Class A | Reduce -94.8% | 0.00% | −0.15 |
| UNH Unitedhealth Group Inc. | Reduce -29.9% | 0.08% | −0.15 |
| RDWR Radware Ltd. | Reduce -79.9% | 0.04% | −0.14 |
| PANW Palo Alto Networks Inc. | Reduce -46.3% | 0.15% | −0.12 |
| ADBE Adobe Inc. | Reduce -25.1% | 0.21% | −0.11 |
| ODYS Odysight.ai Inc. | Reduce -4.8% | 0.14% | −0.10 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.09 |
| GLD SPDR Gold Shares | Reduce -31.5% | 0.14% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -50.1% | 0.05% | −0.08 |
| XTN SS SPDR S&P Transport ETF | Reduce -13.8% | 0.32% | −0.07 |
| SAIL Sailpoint Inc. | Sold out | 0.00% | −0.07 |
| ETN Eaton Corp. PLC | Reduce -88.8% | 0.01% | −0.06 |
| CVX Chevron Corp. | Reduce -21.0% | 0.07% | −0.05 |
| CFLT Confluent Inc. Class A | Reduce -1.3% | 0.50% | −0.05 |
| SMWB Similarweb Ltd. | Reduce -37.0% | 0.28% | −0.05 |
| UNP Union Pacific Corp. | Reduce -17.0% | 0.10% | −0.05 |
| MRSH Marsh & McLennan Cos | Reduce -3.9% | 0.12% | −0.04 |
| PGR Progressive Corp. | Reduce -4.1% | 0.15% | −0.04 |
| KWEB Kranesh Csi China Internet | Reduce -18.0% | 0.10% | −0.04 |
| ADSK Autodesk Inc. | Reduce -86.2% | 0.01% | −0.04 |
| IR Ingersoll-Rand Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| ACWI iShares MSCI Acwi ETF | Add +73377.9% | 3.89% | +3.88 |
| XLI SS Industrial Select Sector | Add +85.5% | 4.76% | +2.11 |
| TEVA Teva Pharmaceutical-SP ADR | Add +37.5% | 8.35% | +1.89 |
| EWZ iShares MSCI Brazil ETF | Add +276.2% | 2.52% | +1.82 |
| MSFT Microsoft Corp. | Add +27.1% | 4.87% | +1.51 |
| WFC Wells Fargo & Co. | Add +437.6% | 1.39% | +1.12 |
| NVDA Nvidia Corp. | Add +11.8% | 3.80% | +1.08 |
| XLK SS Technology Select Sector | Add +170.0% | 1.51% | +0.98 |
| NVMI Nova Ltd. | Add +28.7% | 1.82% | +0.95 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +346.9% | 0.75% | +0.57 |
| XLY SS Consumer Disc Select Sect | New | 0.54% | +0.54 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +945.4% | 0.60% | +0.53 |
| EXI iShares Global Industrials E | New | 0.47% | +0.47 |
| GOOG Alphabet Inc. Class C | Add +23.0% | 2.34% | +0.40 |
| SMH Vaneck Semiconductor ETF | Add +273.2% | 0.50% | +0.38 |
| AVGO Broadcom Inc. | Add +31.5% | 0.76% | +0.35 |
| NSC Norfolk Southern Corp. | Add +24.7% | 1.96% | +0.27 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.3% | 1.39% | +0.25 |
| AMZN Amazon.com Inc. | Add +6.2% | 4.57% | +0.23 |
| CLBT Cellebrite Di Ltd. | Add +153.5% | 0.43% | +0.19 |
| ESLT Elbit Systems Ltd. | New | 0.15% | +0.15 |
| CAE Cae Inc. | New | 0.14% | +0.14 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.13% | +0.13 |
| IGV iShares Expanded Tech-Softwa | Add +0.2% | 1.95% | +0.12 |
| MBLY Mobileye Global Inc. Class A | Add +588.6% | 0.13% | +0.11 |
| ENLT Enlight Renewable Energy Ltd. | Add +10.3% | 0.42% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +8.0% | 1.08% | +0.09 |
| TLH iShares 10-20 Year Treasury | New | 0.09% | +0.09 |
| CSCO Cisco Systems Inc. | Add +186.1% | 0.14% | +0.09 |
| AAPL Apple Inc. | Add +8.2% | 2.23% | +0.08 |
| NFLX Netflix Inc. | Add +12.7% | 0.27% | +0.08 |
| VRT Vertiv Holdings Co. Class A | Add +1162.9% | 0.08% | +0.07 |
| ORA Ormat Technologies Inc. | Add +162.6% | 0.11% | +0.07 |
| TATT Tat Technologies Ltd. | New | 0.06% | +0.06 |
| WIX Wix.com Ltd. | Add +38.5% | 0.43% | +0.06 |
| CEG Constellation Energy | Add +1067.3% | 0.06% | +0.06 |
| TSLA Tesla Inc. | Add +14.5% | 0.29% | +0.05 |
| CIBR First Trust Nasdaq Cybersecu | New | 0.04% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +13.1% | 0.29% | +0.04 |
| PWR Quanta Services Inc. | New | 0.03% | +0.03 |
| PMAY Innovator U.S. Equity Power | New | 0.03% | +0.03 |
| NDAQ Nasdaq Inc. | New | 0.03% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | New | 0.03% | +0.03 |
| BMY Bristol-Myers Squibb Co. | New | 0.03% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +258.4% | 0.04% | +0.03 |
| IBM Intl Business Machines Corp. | New | 0.03% | +0.03 |
| ARM Arm Holdings PLC-ADR | New | 0.03% | +0.03 |
| NMAY Innovator GRW-100 PB ETF May | New | 0.03% | +0.03 |
| MRVL Marvell Technology Inc. | Add +233.1% | 0.04% | +0.03 |
| SPOT Spotify Technology SA | New | 0.03% | +0.03 |
Options Activity Q1 2025 → Q2 2025
| ISHARES TR | put | Sold out | 950,000 | $52Kbefore exit |
| TEVA PHARMACEUTICAL INDS LTD | call | Sold out | 1,202,500 | $18Kbefore exit |
| GLOBAL E ONLINE LTD | call | New | 450,000 | $15K |
| MOBILEYE GLOBAL INC | call | Reduce -7.8% | 765,000 | $14K |
| ICL GROUP LTD | call | Reduce -61.9% | 400,000 | $3K |
| CAE INC | put | Sold out | 97,500 | $2Kbefore exit |
| ALLY FINL INC | call | New | 33,000 | $1K |
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 | 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 |