Sava Infond d.o.o.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Sava Infond d.o.o. reported 222 stock positions worth $740.6 million. Its top holding was Nvidia (NVDA) at 8.0% of the portfolio, followed by Alphabet Class A (GOOGL, 7.2%) and Broadcom (AVGO, 5.8%). Compared with Q3 2025, it opened 19 new positions, sold out of 9, added to 67 and reduced 67. The biggest buy was Alphabet Class A (GOOGL, shares +22%) and the biggest sale Arista Networks (ANET, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- MARIBOR, 2A
- CIK
- 0002055882
- Portfolio Value
- $740.6M (Q4 2025)
- SEC Filing
- 0002055882-26-000001 ↗ filed Jan 29, 2026
Holdings Value
Holdings 222 stocks · $740.6M
| NVDA Nvidia Corp. | 7.98% | 316,820 | $59.1M | Reduce -1.9% |
| GOOGL Alphabet Inc. Class A | 7.21% | 170,560 | $53.4M | Add +22.1% |
| AVGO Broadcom Inc. | 5.82% | 124,460 | $43.1M | Add +3.2% |
| ANET Arista Networks Inc. | 4.55% | 256,905 | $33.7M | Reduce -2.8% |
| MSFT Microsoft Corp. | 4.38% | 67,000 | $32.4M | Add +1.0% |
| TSM Taiwan Semiconductor-SP ADR | 4.11% | 100,155 | $30.4M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 3.94% | 126,420 | $29.2M | Add +4.0% |
| META Meta Platforms Inc. Class A | 3.57% | 40,065 | $26.4M | Add +5.2% |
| NOW ServiceNow Inc. | 3.47% | 167,800 | $25.7M | Add +3.1% |
| AAPL Apple Inc. | 3.28% | 89,475 | $24.3M | Add +4.3% |
| CRM Salesforce Inc. | 2.50% | 69,765 | $18.5M | Add +2.6% |
| PANW Palo Alto Networks Inc. | 1.98% | 79,580 | $14.7M | Reduce -1.1% |
| AMAT Applied Materials Inc. | 1.93% | 55,535 | $14.3M | Reduce -7.8% |
| LRCX Lam Research Corp. | 1.68% | 72,750 | $12.5M | Reduce -8.7% |
| MRVL Marvell Technology Inc. | 1.68% | 146,000 | $12.4M | Reduce -15.1% |
| MELI MercadoLibre Inc. | 1.62% | 5,945 | $12.0M | Add +16.9% |
| LLY Eli Lilly & Co. | 1.36% | 9,350 | $10.0M | Reduce -1.2% |
| ADI Analog Devices Inc. | 1.24% | 33,825 | $9.2M | Reduce -2.0% |
| JPM JPMorgan Chase & Co. | 1.24% | 28,395 | $9.1M | Reduce -5.9% |
| BLK BlackRock Inc. | 1.06% | 7,347 | $7.9M | Reduce -9.3% |
| UNH Unitedhealth Group Inc. | 1.05% | 23,570 | $7.8M | Add +61.8% |
| ACWI iShares MSCI Acwi ETF | 0.95% | 49,950 | $7.1M | Add +19.4% |
| BKNG Booking Holdings Inc. | 0.76% | 1,050 | $5.6M | Reduce -3.7% |
| GE General Electric filed as GE AEROSPACE | 0.74% | 17,680 | $5.4M | Reduce -17.4% |
| MA Mastercard Inc. Class A | 0.71% | 9,195 | $5.2M | No change |
| ALB Albemarle Corp. | 0.70% | 36,510 | $5.2M | Reduce -32.9% |
| BSX Boston Scientific Corp. | 0.67% | 51,990 | $5.0M | Reduce -1.8% |
| UBER Uber Technologies Inc. | 0.64% | 57,620 | $4.7M | Add +13.4% |
| SPGI S&P Global Inc. | 0.63% | 8,998 | $4.7M | No change |
| GWRE Guidewire Software Inc. | 0.63% | 23,300 | $4.7M | No change |
| ISRG Intuitive Surgical Inc. | 0.63% | 8,200 | $4.6M | Reduce -8.6% |
| XOM Exxon Mobil Corp. | 0.60% | 37,200 | $4.5M | Reduce -0.6% |
| MRK Merck & Co. Inc. | 0.59% | 41,690 | $4.4M | Add +2.8% |
| WDAY Workday Inc. Class A | 0.57% | 19,700 | $4.2M | Reduce -3.7% |
| NEM Newmont Corp. | 0.57% | 42,170 | $4.2M | Add +11.3% |
| ELV Elevance Health Inc. | 0.57% | 12,005 | $4.2M | Reduce -14.3% |
| EWJ iShares MSCI Japan ETF | 0.53% | 48,330 | $3.9M | Reduce -12.7% |
| CCJ Cameco Corp. | 0.53% | 42,530 | $3.9M | Reduce -17.8% |
| ABT Abbott Laboratories | 0.51% | 30,280 | $3.8M | Reduce -9.6% |
| ACN Accenture PLC Class A | 0.50% | 13,920 | $3.7M | Add +3.3% |
| JNJ Johnson & Johnson | 0.50% | 18,020 | $3.7M | Add +7.1% |
| VTR Ventas Inc. | 0.50% | 47,885 | $3.7M | Add +12.8% |
| IQV Iqvia Holdings Inc. | 0.48% | 15,910 | $3.6M | No change |
| SCCO Southern Copper Corp. | 0.47% | 24,383 | $3.5M | Add +8.9% |
| ADBE Adobe Inc. | 0.44% | 9,395 | $3.3M | No change |
| RTX RTX Corp. | 0.44% | 17,800 | $3.3M | Add +2.9% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.43% | 45,970 | $3.2M | Add +7.7% |
| TTE Totalenergies SE | 0.43% | 48,270 | $3.2M | New |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.42% | 185,700 | $3.1M | Reduce -2.6% |
| CVX Chevron Corp. | 0.41% | 19,980 | $3.0M | Reduce -2.8% |
| EWT iShares MSCI Taiwan ETF | 0.39% | 44,900 | $2.9M | No change |
| EEM iShares MSCI Emerging Market | 0.38% | 52,000 | $2.8M | Reduce -4.2% |
| SOFI Sofi Technologies Inc. | 0.38% | 107,550 | $2.8M | Add +26.5% |
| TMO Thermo Fisher Scientific Inc. | 0.37% | 4,740 | $2.7M | Reduce -12.1% |
| SVM Silvercorp Metals Inc. | 0.37% | 325,000 | $2.7M | New |
| QCOM Qualcomm Inc. | 0.36% | 15,580 | $2.7M | Add +4.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.36% | 5,280 | $2.7M | Reduce -12.6% |
| EWC iShares MSCI Canada ETF | 0.35% | 48,000 | $2.6M | No change |
| COST Costco Wholesale Corp. | 0.34% | 2,955 | $2.5M | Reduce -1.5% |
| ABBV Abbvie Inc. | 0.34% | 10,916 | $2.5M | Reduce -6.0% |
| PGR Progressive Corp. | 0.33% | 10,856 | $2.5M | Add +47.6% |
| PEP Pepsico Inc. | 0.33% | 17,100 | $2.5M | Reduce -2.8% |
| ADSK Autodesk Inc. | 0.32% | 8,000 | $2.4M | No change |
| UNP Union Pacific Corp. | 0.31% | 9,880 | $2.3M | Reduce -1.6% |
| CAT Caterpillar Inc. | 0.29% | 3,750 | $2.1M | Reduce -15.5% |
| LIN Linde PLC | 0.29% | 4,970 | $2.1M | Reduce -5.7% |
| NKE Nike Inc. Class B | 0.28% | 33,050 | $2.1M | No change |
| NTR Nutrien Ltd. | 0.28% | 34,050 | $2.1M | Reduce -2.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 17,875 | $2.0M | No change |
| NEE Nextera Energy Inc. | 0.27% | 24,970 | $2.0M | Add +12.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 2,880 | $2.0M | Add +8.5% |
| AWK American Water Works Co. Inc. | 0.26% | 15,000 | $2.0M | Add +19.4% |
| LOW Lowe's Cos Inc. | 0.26% | 8,010 | $1.9M | Add +37.4% |
| CEG Constellation Energy | 0.25% | 5,270 | $1.9M | Add +64.7% |
| IBN Icici Bank Ltd.-Spon ADR | 0.25% | 61,700 | $1.8M | No change |
| XLI SS Industrial Select Sector | 0.24% | 11,480 | $1.8M | Add +33.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.24% | 41,080 | $1.8M | Add +93.8% |
| PG The Procter & Gamble Co. | 0.23% | 12,011 | $1.7M | Add +5.3% |
| GS Goldman Sachs Group Inc. | 0.23% | 1,950 | $1.7M | New |
| NFLX Netflix Inc. | 0.23% | 18,200 | $1.7M | Add +6.4% |
| DHR Danaher Corp. | 0.21% | 6,840 | $1.6M | Add +29.1% |
| EOG EOG Resources Inc. | 0.20% | 13,910 | $1.5M | Reduce -1.4% |
| MDLZ Mondelez International Inc. Class A | 0.19% | 25,990 | $1.4M | Reduce -35.4% |
| TSLA Tesla Inc. | 0.18% | 3,030 | $1.4M | Add +22.9% |
| KLAC KLA Corp. | 0.18% | 1,110 | $1.3M | Add +30.6% |
| GOOG Alphabet Inc. Class C | 0.18% | 4,255 | $1.3M | No change |
| ZTS Zoetis Inc. | 0.17% | 10,200 | $1.3M | Add +7.9% |
| FXI iShares China Large-Cap ETF | 0.17% | 33,100 | $1.3M | Add +66.3% |
| WM Waste Management Inc. | 0.17% | 5,640 | $1.2M | No change |
| BN Brookfield Corp. | 0.16% | 26,130 | $1.2M | New |
| LEN Lennar Corp. Class A | 0.15% | 11,150 | $1.1M | Reduce -11.9% |
| MDT Medtronic PLC | 0.15% | 11,260 | $1.1M | Add +10.4% |
| GREK Global X MSCI Greece ETF | 0.14% | 16,230 | $1.1M | No change |
| PDD PDD Holdings Inc. | 0.14% | 9,400 | $1.1M | Add +13.3% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.14% | 148,217 | $1.1M | Add +18.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.14% | 20,725 | $1.1M | Reduce -8.8% |
| FSLR First Solar Inc. | 0.14% | 4,000 | $1.0M | Reduce -11.1% |
| MXI iShares Global Materials ETF | 0.13% | 10,100 | $976K | Add +48.5% |
| MCD McDonald's Corp. | 0.13% | 3,190 | $975K | Reduce -38.5% |
| AMT American Tower Corp. | 0.13% | 5,500 | $966K | Reduce -25.8% |
Portfolio Sells Q3 2025 → Q4 2025
| ANET Arista Networks Inc. | Reduce -2.8% | 4.55% | −0.92 |
| NVDA Nvidia Corp. | Reduce -1.9% | 7.98% | −0.57 |
| MRVL Marvell Technology Inc. | Reduce -15.1% | 1.68% | −0.37 |
| PANW Palo Alto Networks Inc. | Reduce -1.1% | 1.98% | −0.34 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.33 |
| PNC PNC Financial Services Group | Sold out | 0.00% | −0.32 |
| BLK BlackRock Inc. | Reduce -9.3% | 1.06% | −0.28 |
| GE General Electric | Reduce -17.4% | 0.74% | −0.18 |
| MDLZ Mondelez International Inc. Class A | Reduce -35.4% | 0.19% | −0.17 |
| WDAY Workday Inc. Class A | Reduce -3.7% | 0.57% | −0.13 |
| ABT Abbott Laboratories | Reduce -9.6% | 0.51% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -5.9% | 1.24% | −0.11 |
| EWJ iShares MSCI Japan ETF | Reduce -12.7% | 0.53% | −0.10 |
| MCD McDonald's Corp. | Reduce -38.5% | 0.13% | −0.09 |
| CCJ Cameco Corp. | Reduce -17.8% | 0.53% | −0.09 |
| MMYT Makemytrip Ltd. | Reduce -39.4% | 0.09% | −0.09 |
| IHI iShares U.S. Medical Devices | Reduce -85.3% | 0.01% | −0.09 |
| KSA Ishrs MSCI Saudi Arabia ETF | Reduce -35.5% | 0.10% | −0.08 |
| BKNG Booking Holdings Inc. | Reduce -3.7% | 0.76% | −0.08 |
| ELV Elevance Health Inc. | Reduce -14.3% | 0.57% | −0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -12.6% | 0.36% | −0.07 |
| AMT American Tower Corp. | Reduce -25.8% | 0.13% | −0.07 |
| LEN Lennar Corp. Class A | Reduce -11.9% | 0.15% | −0.07 |
| COP Conocophillips | Reduce -50.5% | 0.06% | −0.07 |
| LIN Linde PLC | Reduce -5.7% | 0.29% | −0.07 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.07 |
| PINS Pinterest Inc. Class A | Reduce -22.2% | 0.10% | −0.07 |
| BSX Boston Scientific Corp. | Reduce -1.8% | 0.67% | −0.06 |
| VEEV Veeva Systems Inc. Class A | Reduce -9.5% | 0.09% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -1.5% | 0.34% | −0.05 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.05 |
| KNSL Kinsale Capital Group Inc. | Reduce -64.6% | 0.02% | −0.05 |
| ABBV Abbvie Inc. | Reduce -6.0% | 0.34% | −0.04 |
| CVX Chevron Corp. | Reduce -2.8% | 0.41% | −0.04 |
| IREN Iren Ltd. | Reduce -47.4% | 0.03% | −0.04 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -21.6% | 0.07% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -8.8% | 0.14% | −0.04 |
| TMUS T-Mobile US Inc. | Reduce -65.0% | 0.01% | −0.04 |
| MMM 3M Co. | Sold out | 0.00% | −0.04 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.03 |
| SYK Stryker Corp. | Reduce -13.1% | 0.13% | −0.03 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -67.6% | 0.01% | −0.03 |
| UNP Union Pacific Corp. | Reduce -1.6% | 0.31% | −0.03 |
| TW Tradeweb Markets Inc. Class A | Reduce -23.9% | 0.06% | −0.03 |
| EOG EOG Resources Inc. | Reduce -1.4% | 0.20% | −0.03 |
| EEM iShares MSCI Emerging Market | Reduce -4.2% | 0.38% | −0.03 |
| WFG West Fraser Timber Co. Ltd. | Reduce -48.9% | 0.02% | −0.03 |
| V Visa Inc. Class A | Reduce -50.0% | 0.02% | −0.02 |
| EIDO iShares MSCI Indonesia ETF | Sold out | 0.00% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +22.1% | 7.21% | +2.39 |
| TTE Totalenergies SE | New | 0.43% | +0.43 |
| SVM Silvercorp Metals Inc. | New | 0.37% | +0.37 |
| UNH Unitedhealth Group Inc. | Add +61.8% | 1.05% | +0.34 |
| GS Goldman Sachs Group Inc. | New | 0.23% | +0.23 |
| CRM Salesforce Inc. | Add +2.6% | 2.50% | +0.21 |
| AAPL Apple Inc. | Add +4.3% | 3.28% | +0.19 |
| AVGO Broadcom Inc. | Add +3.2% | 5.82% | +0.17 |
| SQM Quimica Y Minera Chil-SP ADR | Add +7.7% | 0.43% | +0.17 |
| BN Brookfield Corp. | New | 0.16% | +0.16 |
| AMZN Amazon.com Inc. | Add +4.0% | 3.94% | +0.16 |
| ACWI iShares MSCI Acwi ETF | Add +19.4% | 0.95% | +0.13 |
| NEM Newmont Corp. | Add +11.3% | 0.57% | +0.12 |
| MRK Merck & Co. Inc. | Add +2.8% | 0.59% | +0.11 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +93.8% | 0.24% | +0.11 |
| CMG Chipotle Mexican Grill Inc. | New | 0.10% | +0.10 |
| CEG Constellation Energy | Add +64.7% | 0.25% | +0.10 |
| SCCO Southern Copper Corp. | Add +8.9% | 0.47% | +0.09 |
| MU Micron Technology Inc. | New | 0.08% | +0.08 |
| VTR Ventas Inc. | Add +12.8% | 0.50% | +0.08 |
| PGR Progressive Corp. | Add +47.6% | 0.33% | +0.08 |
| LMND Lemonade Inc. | New | 0.07% | +0.07 |
| PATH Uipath Inc. Class A | New | 0.07% | +0.07 |
| DHR Danaher Corp. | Add +29.1% | 0.21% | +0.06 |
| SOFI Sofi Technologies Inc. | Add +26.5% | 0.38% | +0.06 |
| JNJ Johnson & Johnson | Add +7.1% | 0.50% | +0.06 |
| XBI SS SPDR S&P Biotech ETF | New | 0.06% | +0.06 |
| FXI iShares China Large-Cap ETF | Add +66.3% | 0.17% | +0.06 |
| LOW Lowe's Cos Inc. | Add +37.4% | 0.26% | +0.05 |
| XLI SS Industrial Select Sector | Add +33.8% | 0.24% | +0.05 |
| KLAC KLA Corp. | Add +30.6% | 0.18% | +0.05 |
| REGN Regeneron Pharmaceuticals | Add +29.2% | 0.12% | +0.05 |
| MXI iShares Global Materials ETF | Add +48.5% | 0.13% | +0.04 |
| HON Honeywell International Inc. | New | 0.04% | +0.04 |
| VALE Vale SA-SP ADR | Add +39.5% | 0.11% | +0.04 |
| ADP Automatic Data Processing | New | 0.04% | +0.04 |
| BSAC Banco Santander-Chile-ADR | Add +53.9% | 0.08% | +0.04 |
| IBB iShares Biotechnology ETF | New | 0.03% | +0.03 |
| ACN Accenture PLC Class A | Add +3.3% | 0.50% | +0.03 |
| NEE Nextera Energy Inc. | Add +12.1% | 0.27% | +0.03 |
| RTX RTX Corp. | Add +2.9% | 0.44% | +0.03 |
| TSLA Tesla Inc. | Add +22.9% | 0.18% | +0.03 |
| RY Royal Bank of Canada | New | 0.03% | +0.03 |
| BIDU Baidu Inc. - Spon ADR | New | 0.02% | +0.02 |
| PFE Pfizer Inc. | New | 0.02% | +0.02 |
| RGEN Repligen Corp. | Add +500.0% | 0.03% | +0.02 |
| BMNR Bitmine Immersion Technologi | New | 0.02% | +0.02 |
| TMDX Transmedics Group Inc. | Add +63.2% | 0.05% | +0.02 |
| IYR iShares US Real Estate ETF | Add +59.4% | 0.06% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | New | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 242 | $1.4B | GOOGL, AVGO, ANET, TSM, NVDA |
| Q1 2026 | 230 | $704.7M | NVDA, GOOGL, AVGO, ANET, TSM |
| Q4 2025 | 222 | $740.6M | NVDA, GOOGL, AVGO, ANET, MSFT |
| Q3 2025 | 212 | $705.3M | NVDA, AVGO, ANET, MSFT, GOOGL |
| Q2 2025 | 216 | $639.9M | NVDA, AVGO, MSFT, ANET, NOW |
| Q1 2025 | 215 | $524.2M | NVDA, MSFT, AVGO, AMZN, AAPL |
| Q4 2024 | 211 | $566.2M | NVDA, MSFT, AVGO, AAPL, NOW |