Swiss Life Asset Management Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Swiss Life Asset Management Ltd reported 1,506 stock positions worth $20.4 billion. Its top holding was Nvidia (NVDA) at 7.8% of the portfolio, followed by Apple (AAPL, 5.3%) and Microsoft (MSFT, 5.0%). Compared with Q4 2025, it opened 252 new positions, sold out of 128, added to 1,055 and reduced 197. The biggest buy was Verizon Communications (VZ, shares +7%) and the biggest sale an exit from Accenture Class A (ACN).
- Most Recent 13F
- Q2 2026
- Location
- Zurich, V8
- CIK
- 0001637689
- Portfolio Value
- $20.4B (Q1 2026)
- SEC Filing
- 0001172661-26-001895 ↗ filed May 14, 2026
Holdings Value
Holdings 1,506 stocks · $20.4B
| NVDA Nvidia Corp. | 7.79% | 9,628,790 | $1.6B | Add +14.5% |
| AAPL Apple Inc. | 5.31% | 4,275,270 | $1.1B | Add +10.5% |
| MSFT Microsoft Corp. | 4.96% | 2,734,420 | $1.0B | Add +6.8% |
| GOOGL Alphabet Inc. Class A | 3.29% | 2,338,652 | $672.5M | Add +8.4% |
| AMZN Amazon.com Inc. | 2.45% | 2,406,828 | $501.3M | Add +9.8% |
| GOOG Alphabet Inc. Class C | 2.41% | 1,714,237 | $491.7M | Add +7.5% |
| META Meta Platforms Inc. Class A | 2.18% | 778,712 | $445.5M | Add +10.3% |
| AVGO Broadcom Inc. | 1.98% | 1,306,466 | $404.4M | Add +12.1% |
| TSLA Tesla Inc. | 1.69% | 929,335 | $345.5M | Add +7.0% |
| VZ Verizon Communications Inc. | 1.56% | 6,350,846 | $318.8M | Add +6.7% |
| LLY Eli Lilly & Co. | 1.52% | 338,419 | $311.3M | Add +9.8% |
| JNJ Johnson & Johnson | 1.49% | 1,272,541 | $305.0M | Add +12.7% |
| MO Altria Group Inc. | 1.32% | 4,085,192 | $269.6M | Add +3.5% |
| PFE Pfizer Inc. | 1.01% | 7,332,947 | $205.9M | Add +7.2% |
| V Visa Inc. Class A | 0.97% | 657,473 | $198.7M | Add +11.5% |
| CME Cme Group Inc. | 0.86% | 642,030 | $175.4M | Add +19.4% |
| LRCX Lam Research Corp. | 0.82% | 787,272 | $168.2M | Add +4.8% |
| MRK Merck & Co. Inc. | 0.81% | 1,381,851 | $166.2M | Add +13.5% |
| CVX Chevron Corp. | 0.78% | 806,225 | $158.9M | Add +24.2% |
| JPM JPMorgan Chase & Co. | 0.76% | 528,170 | $155.4M | Add +1.6% |
| NFLX Netflix Inc. | 0.76% | 1,512,285 | $154.5M | Add +12.7% |
| MA Mastercard Inc. Class A | 0.72% | 327,791 | $148.0M | Add +35.5% |
| ABBV Abbvie Inc. | 0.72% | 677,469 | $147.3M | Add +7.8% |
| XOM Exxon Mobil Corp. | 0.71% | 855,811 | $145.2M | Add +15.1% |
| OKE Oneok Inc. | 0.70% | 1,579,670 | $142.8M | Add +3.8% |
| WMT Walmart Inc. | 0.67% | 1,106,544 | $137.5M | Add +14.4% |
| CAT Caterpillar Inc. | 0.66% | 190,983 | $135.3M | Add +6.8% |
| MS Morgan Stanley | 0.65% | 804,732 | $132.4M | Add +5.3% |
| CSCO Cisco Systems Inc. | 0.64% | 1,686,371 | $130.8M | Add +0.7% |
| PG The Procter & Gamble Co. | 0.61% | 797,860 | $123.6M | Add +13.0% |
| HD Home Depot Inc. | 0.58% | 359,086 | $118.1M | Add +7.6% |
| TXN Texas Instruments Inc. | 0.56% | 584,679 | $113.5M | Add +5.3% |
| BLK BlackRock Inc. | 0.54% | 115,643 | $111.2M | Add +6.9% |
| COST Costco Wholesale Corp. | 0.54% | 131,275 | $110.8M | Add +39.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.52% | 456,810 | $106.7M | Add +6.6% |
| UPS United Parcel Service Class B | 0.52% | 1,075,495 | $105.8M | Add +4.3% |
| PLTR Palantir Technologies Inc. Class A | 0.51% | 716,916 | $104.9M | Add +2.8% |
| BX Blackstone Inc. | 0.51% | 904,014 | $104.0M | Add +3.6% |
| GE General Electric filed as GE AEROSPACE | 0.51% | 364,862 | $103.5M | Add +7.0% |
| AMAT Applied Materials Inc. | 0.49% | 294,010 | $100.5M | Add +23.6% |
| UNH Unitedhealth Group Inc. | 0.49% | 370,176 | $100.2M | Reduce -3.1% |
| MU Micron Technology Inc. | 0.49% | 486,688 | $100.1M | Add +92.6% |
| KO The Coca-Cola Co. | 0.49% | 1,310,231 | $99.6M | Add +7.8% |
| AMD Advanced Micro Devices | 0.46% | 463,627 | $94.3M | Add +6.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.45% | 191,204 | $91.6M | Add +15.1% |
| KLAC KLA Corp. | 0.45% | 62,211 | $91.6M | Add +7.9% |
| PAYX Paychex Inc. | 0.44% | 975,247 | $89.8M | Add +13.5% |
| ADP Automatic Data Processing | 0.43% | 436,231 | $88.6M | Add +16.8% |
| GEV GE Vernova Inc. | 0.43% | 99,928 | $87.2M | Add +6.7% |
| SCHW Schwab (charles) Corp. | 0.41% | 623,162 | $83.1M | Add +53.0% |
| PCAR Paccar Inc. | 0.38% | 678,756 | $78.4M | Add +6.3% |
| AMGN Amgen Inc. | 0.38% | 221,459 | $77.9M | Add +11.8% |
| ORCL Oracle Corp. | 0.38% | 522,899 | $76.9M | Add +8.4% |
| FAST Fastenal Co. | 0.37% | 1,652,045 | $76.5M | Add +10.7% |
| MCD McDonald's Corp. | 0.37% | 244,950 | $76.1M | Add +6.0% |
| D Dominion Energy Inc. | 0.37% | 1,227,735 | $75.9M | Add +3.4% |
| PEP Pepsico Inc. | 0.37% | 486,685 | $75.6M | Add +17.2% |
| NKE Nike Inc. Class B | 0.36% | 941,512 | $73.3M | Add +344.7% |
| BMY Bristol-Myers Squibb Co. | 0.36% | 1,203,133 | $73.0M | Add +1.9% |
| ADI Analog Devices Inc. | 0.34% | 215,314 | $68.5M | Add +17.4% |
| UNP Union Pacific Corp. | 0.33% | 281,834 | $68.4M | Add +9.8% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.33% | 783,758 | $68.4M | Add +20.3% |
| EIX Edison International | 0.32% | 748,250 | $65.6M | Add +14.3% |
| INTU Intuit Inc. | 0.31% | 146,477 | $64.0M | Add +33.5% |
| APH Amphenol Corp. Class A | 0.31% | 498,518 | $63.0M | Add +11.1% |
| RF Regions Financial Corp. | 0.30% | 2,339,770 | $61.1M | Add +3.7% |
| RTX RTX Corp. | 0.29% | 311,597 | $60.1M | Add +13.5% |
| USB US Bancorp | 0.29% | 1,142,193 | $59.4M | Add +17.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.29% | 367,559 | $58.7M | Reduce -1.6% |
| BKNG Booking Holdings Inc. | 0.27% | 13,003 | $54.7M | Add +14.3% |
| ANET Arista Networks Inc. | 0.27% | 445,606 | $54.7M | Add +6.9% |
| GILD Gilead Sciences Inc. | 0.27% | 389,480 | $54.3M | Add +4.9% |
| KMB Kimberly-Clark Corp. | 0.26% | 549,416 | $53.0M | Reduce -6.3% |
| PM Philip Morris International | 0.25% | 313,472 | $51.8M | Add +10.5% |
| DD Dupont DE Nemours Inc. | 0.25% | 1,113,255 | $51.0M | Add +8.9% |
| KHC The Kraft Heinz Co. | 0.25% | 2,261,414 | $50.9M | Add +4.3% |
| TGT Target Corp. | 0.25% | 419,241 | $50.8M | Add +20.7% |
| SBUX Starbucks Corp. | 0.24% | 547,710 | $49.1M | Add +5.7% |
| UBER Uber Technologies Inc. | 0.24% | 677,509 | $48.7M | Add +13.3% |
| NOW ServiceNow Inc. | 0.24% | 464,501 | $48.6M | Add +26.5% |
| KEY Keycorp | 0.23% | 2,384,334 | $47.8M | Add +4.3% |
| T AT&T Inc. | 0.23% | 1,633,951 | $47.4M | Add +12.2% |
| CVS CVS Health Corp. | 0.23% | 466,404 | $47.0M | Add +25.5% |
| AXP American Express Co. | 0.23% | 179,058 | $46.9M | Add +28.0% |
| PANW Palo Alto Networks Inc. | 0.23% | 290,840 | $46.6M | Add +16.3% |
| GS Goldman Sachs Group Inc. | 0.23% | 55,098 | $46.6M | Reduce -7.7% |
| PGR Progressive Corp. | 0.22% | 231,306 | $45.9M | Add +22.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.22% | 916,969 | $44.7M | Add +11.4% |
| ADBE Adobe Inc. | 0.22% | 183,889 | $44.7M | Add +18.0% |
| GLW Corning Inc. | 0.21% | 322,747 | $43.9M | Add +9.6% |
| QCOM Qualcomm Inc. | 0.21% | 339,404 | $43.7M | Add +9.8% |
| GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC | 0.21% | 525,338 | $42.2M | New |
| ABT Abbott Laboratories | 0.21% | 409,796 | $42.1M | Add +13.7% |
| INTC Intel Corp. | 0.20% | 936,240 | $41.7M | Add +13.8% |
| DRI Darden Restaurants Inc. | 0.20% | 207,878 | $40.8M | Add +2.2% |
| CRM Salesforce Inc. | 0.20% | 213,563 | $39.9M | Reduce -13.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.19% | 99,601 | $38.9M | Add +10.2% |
| NEE Nextera Energy Inc. | 0.19% | 415,343 | $38.6M | Add +35.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 58,600 | $38.1M | Add +7.3% |
| ISRG Intuitive Surgical Inc. | 0.19% | 82,438 | $38.0M | Add +13.3% |
Portfolio Sells Q4 2025 → Q1 2026
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.46 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.39 |
| LIN Linde PLC | Sold out | 0.00% | −0.28 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.19 |
| AMCR Amcor PLC | Reduce -81.3% | 0.03% | −0.16 |
| UNH Unitedhealth Group Inc. | Reduce -3.1% | 0.49% | −0.15 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.14 |
| CRM Salesforce Inc. | Reduce -13.8% | 0.20% | −0.14 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.13 |
| STX Seagate Technology Holdings | Sold out | 0.00% | −0.12 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.10 |
| CRH CRH PLC | Sold out | 0.00% | −0.08 |
| HOOD Robinhood Markets Inc. Class A | Reduce -17.3% | 0.08% | −0.08 |
| JCI Johnson Controls Internation | Sold out | 0.00% | −0.08 |
| IVZ Invesco Ltd. | Sold out | 0.00% | −0.08 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.08 |
| CB Chubb Ltd. | Sold out | 0.00% | −0.08 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.07 |
| PRGS Progress Software Corp. | Sold out | 0.00% | −0.06 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −0.06 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.05 |
| SW Smurfit Westrock PLC | Sold out | 0.00% | −0.05 |
| IT Gartner Inc. | Reduce -49.5% | 0.02% | −0.05 |
| LULU Lululemon Athletica Inc. | Reduce -50.9% | 0.03% | −0.05 |
| PNR Pentair PLC | Sold out | 0.00% | −0.05 |
| FLEX Flex Ltd. | Sold out | 0.00% | −0.04 |
| AON Aon PLC Class A | Sold out | 0.00% | −0.04 |
| GIS General Mills Inc. | Reduce -45.1% | 0.03% | −0.04 |
| NDAQ Nasdaq Inc. | Reduce -43.9% | 0.04% | −0.04 |
| KMB Kimberly-Clark Corp. | Reduce -6.3% | 0.26% | −0.04 |
| GRMN Garmin Ltd. | Sold out | 0.00% | −0.04 |
| IDXX Idexx Laboratories Inc. | Reduce -14.7% | 0.09% | −0.04 |
| GS Goldman Sachs Group Inc. | Reduce -7.7% | 0.23% | −0.04 |
| CBRE CBRE Group Inc. Class A | Reduce -34.1% | 0.04% | −0.04 |
| PAYC Paycom Software Inc. | Reduce -90.6% | 0.00% | −0.04 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −0.03 |
| DECK Deckers Outdoor Corp. | Reduce -45.0% | 0.03% | −0.03 |
| STE Steris PLC | Sold out | 0.00% | −0.03 |
| CPAY Corpay Inc. | Reduce -74.0% | 0.01% | −0.03 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -80.3% | 0.01% | −0.03 |
| NRG NRG Energy Inc. | Reduce -50.3% | 0.02% | −0.03 |
| PTC PTC Inc. | Reduce -44.8% | 0.02% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -2.0% | 0.08% | −0.03 |
| INVH Invitation Homes Inc. | Reduce -68.5% | 0.01% | −0.03 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −0.03 |
| AYI Acuity Inc. | Reduce -51.9% | 0.01% | −0.03 |
| CCL Carnival Corp. | Reduce -51.0% | 0.02% | −0.02 |
| MAA Mid-America Apartment Comm | Reduce -70.7% | 0.01% | −0.02 |
| AVY Avery Dennison Corp. | Reduce -48.6% | 0.02% | −0.02 |
| RPRX Royalty Pharma PLC Class A | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| VZ Verizon Communications Inc. | Add +6.7% | 1.56% | +0.33 |
| JNJ Johnson & Johnson | Add +12.7% | 1.49% | +0.30 |
| NKE Nike Inc. Class B | Add +344.7% | 0.36% | +0.29 |
| CVX Chevron Corp. | Add +24.2% | 0.78% | +0.27 |
| XOM Exxon Mobil Corp. | Add +15.1% | 0.71% | +0.25 |
| GLIBK Liberty Capital Corp. Class C | New | 0.21% | +0.21 |
| SCHW Schwab (charles) Corp. | Add +53.0% | 0.41% | +0.20 |
| AMAT Applied Materials Inc. | Add +23.6% | 0.49% | +0.18 |
| LRCX Lam Research Corp. | Add +4.8% | 0.82% | +0.17 |
| MRK Merck & Co. Inc. | Add +13.5% | 0.81% | +0.16 |
| MO Altria Group Inc. | Add +3.5% | 1.32% | +0.16 |
| HYMC Hycroft Mining Holding Co. Class A | New | 0.15% | +0.15 |
| CAT Caterpillar Inc. | Add +6.8% | 0.66% | +0.14 |
| PFE Pfizer Inc. | Add +7.2% | 1.01% | +0.14 |
| DUK Duke Energy Corp. | Add +143.7% | 0.18% | +0.13 |
| COST Costco Wholesale Corp. | Add +39.7% | 0.54% | +0.13 |
| OKE Oneok Inc. | Add +3.8% | 0.70% | +0.13 |
| NTRS Northern Trust Corp. | Add +263.9% | 0.15% | +0.13 |
| WMT Walmart Inc. | Add +14.4% | 0.67% | +0.12 |
| MU Micron Technology Inc. | Add +92.6% | 0.49% | +0.12 |
| EIX Edison International | Add +14.3% | 0.32% | +0.12 |
| GEV GE Vernova Inc. | Add +6.7% | 0.43% | +0.12 |
| NFLX Netflix Inc. | Add +12.7% | 0.76% | +0.12 |
| CME Cme Group Inc. | Add +19.4% | 0.86% | +0.11 |
| KLAC KLA Corp. | Add +7.9% | 0.45% | +0.09 |
| PPG PPG Industries Inc. | Add +72.5% | 0.12% | +0.09 |
| PG The Procter & Gamble Co. | Add +13.0% | 0.61% | +0.09 |
| CTSH Cognizant Tech Solutions-A | Add +75.6% | 0.13% | +0.09 |
| HNGE Hinge Health Inc. Class A | New | 0.08% | +0.08 |
| GLW Corning Inc. | Add +9.6% | 0.21% | +0.08 |
| ODC Oil-Dri Corp. of America | New | 0.08% | +0.08 |
| ADI Analog Devices Inc. | Add +17.4% | 0.34% | +0.08 |
| CVS CVS Health Corp. | Add +25.5% | 0.23% | +0.08 |
| TGT Target Corp. | Add +20.7% | 0.25% | +0.08 |
| FAST Fastenal Co. | Add +10.7% | 0.37% | +0.07 |
| PEP Pepsico Inc. | Add +17.2% | 0.37% | +0.07 |
| FFIV F5 Inc. | Add +167.3% | 0.09% | +0.07 |
| TXN Texas Instruments Inc. | Add +5.3% | 0.56% | +0.06 |
| NEE Nextera Energy Inc. | Add +35.7% | 0.19% | +0.06 |
| ED Consolidated Edison Inc. | Add +128.5% | 0.12% | +0.06 |
| URI United Rentals Inc. | Add +511.7% | 0.11% | +0.06 |
| KMI Kinder Morgan Inc. | Add +8.0% | 0.19% | +0.06 |
| EQIX Equinix Inc. | Add +36.3% | 0.14% | +0.06 |
| KO The Coca-Cola Co. | Add +7.8% | 0.49% | +0.05 |
| SUNB Sunbelt Rentals Holdings Inc. | New | 0.05% | +0.05 |
| AMGN Amgen Inc. | Add +11.8% | 0.38% | +0.05 |
| INTC Intel Corp. | Add +13.8% | 0.20% | +0.05 |
| LNG Cheniere Energy Inc. | Add +83.0% | 0.08% | +0.05 |
| DELL Dell Technologies -C | Add +84.8% | 0.08% | +0.05 |
| T AT&T Inc. | Add +12.2% | 0.23% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,610 | $23.6B | NVDA, AAPL, MSFT, GOOGL, AVGO |
| Q1 2026 | 1,506 | $20.4B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q4 2025 | 1,381 | $19.6B | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q3 2025 | 1,192 | $19.2B | NVDA, MSFT, AAPL, GOOGL, META |
| Q2 2025 | 854 | $16.5B | NVDA, MSFT, AAPL, META, AMZN |
| Q1 2025 | 706 | $13.8B | MSFT, NVDA, AAPL, AMZN, META |
| Q4 2024 | 706 | $13.6B | NVDA, MSFT, AAPL, EEM, AMZN |
| Q3 2024 | 628 | $8.8B | AAPL, MSFT, NVDA, EEM, AMZN |
| Q2 2024 | 585 | $8.5B | MSFT, NVDA, AAPL, EEM, AMZN |
| Q1 2024 | 531 | $7.2B | MSFT, AAPL, EEM, NVDA, AMZN |