Triglav Investments, D.O.O.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 4, 2026), Triglav Investments, D.O.O. reported 166 stock positions worth $1.4 billion. Its top holding was Nvidia (NVDA) at 9.8% of the portfolio, followed by Amazon.com (AMZN, 6.6%) and Microsoft (MSFT, 6.2%). Compared with Q4 2025, it opened 24 new positions, sold out of 31, added to 49 and reduced 61. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +205%) and the biggest sale Microsoft (MSFT, shares −4%).

Most Recent 13F
Q2 2026
Location
LJUBLJANA, 2A
CIK
0002056690
Portfolio Value
$1.4B (Q1 2026)
SEC Filing
0002056690-26-000002 ↗ filed May 4, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q4 2024: $1.3B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.5B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.4B $1.4B Q1 2026 Q2 2026: $1.9B Q2 2026

Holdings 166 stocks · $1.4B
NVDA Nvidia Corp. 9.77% 800,737 $139.6M Add +9.2%
AMZN Amazon.com Inc. 6.64% 455,542 $94.9M Add +10.1%
MSFT Microsoft Corp. 6.24% 240,782 $89.1M Reduce -3.6%
AAPL Apple Inc. 5.80% 326,443 $82.8M Reduce -7.4%
GOOGL Alphabet Inc. Class A 4.62% 229,671 $66.0M Add +2.1%
AVGO Broadcom Inc. 3.70% 170,730 $52.8M Add +6.7%
META Meta Platforms Inc. Class A 3.47% 86,607 $49.5M Reduce -3.2%
LLY Eli Lilly & Co. 3.17% 49,212 $45.3M Add +3.3%
JPM JPMorgan Chase & Co. 2.92% 141,675 $41.7M Reduce -29.0%
WMT Walmart Inc. 2.71% 311,518 $38.7M Add +5.2%
GS Goldman Sachs Group Inc. 2.59% 43,723 $37.0M Reduce -8.0%
TSM Taiwan Semiconductor-SP ADR 2.49% 105,342 $35.6M Add +205.1%
GOOG Alphabet Inc. Class C 2.41% 120,140 $34.5M Add +28.6%
MU Micron Technology Inc. 2.00% 84,602 $28.6M Add +42.0%
TSLA Tesla Inc. 1.98% 76,172 $28.3M Reduce -8.2%
JNJ Johnson & Johnson 1.94% 113,518 $27.7M Add +40.5%
MRK Merck & Co. Inc. 1.62% 192,688 $23.2M Add +42.9%
NFLX Netflix Inc. 1.48% 219,431 $21.1M Reduce -24.8%
V Visa Inc. Class A 1.21% 57,300 $17.3M Reduce -19.8%
CAT Caterpillar Inc. 0.95% 19,250 $13.6M New
PWR Quanta Services Inc. 0.93% 24,249 $13.3M Add +5.4%
RL Ralph Lauren Corp. 0.93% 38,550 $13.3M No change
MA Mastercard Inc. Class A 0.91% 26,164 $13.1M Reduce -29.0%
RTX RTX Corp. 0.88% 65,000 $12.5M New
EMR Emerson Electric Co. 0.78% 84,571 $11.1M Reduce -7.5%
HD Home Depot Inc. 0.75% 32,520 $10.7M Reduce -27.9%
UBER Uber Technologies Inc. 0.73% 144,874 $10.4M Reduce -34.2%
MCD McDonald's Corp. 0.72% 33,252 $10.3M Add +16.1%
TMO Thermo Fisher Scientific Inc. 0.72% 21,000 $10.3M Add +32.8%
COR Cencora Inc. 0.70% 31,800 $10.0M Reduce -3.6%
PFE Pfizer Inc. 0.62% 316,700 $8.9M Reduce -23.8%
HON Honeywell International Inc. 0.61% 38,860 $8.8M Reduce -10.4%
KLAC KLA Corp. 0.61% 5,910 $8.7M Add +122.2%
LRCX Lam Research Corp. 0.60% 40,220 $8.6M Add +704.4%
LOW Lowe's Cos Inc. 0.57% 34,632 $8.2M Reduce -34.7%
CVS CVS Health Corp. 0.57% 112,950 $8.1M Reduce -2.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.56% 82,360 $7.9M Reduce -32.0%
Eaton Corp PLC 0.55% 21,902 $7.8M Add +9.0%
AMD Advanced Micro Devices 0.53% 37,136 $7.6M Reduce -8.0%
CSCO Cisco Systems Inc. 0.53% 97,200 $7.5M Reduce -5.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.52% 11,378 $7.4M Reduce -40.2%
AZN Astrazeneca PLC 0.51% 36,618 $7.2M Reduce -26.9%
BABA Alibaba Group Holding-SP ADR 0.48% 54,230 $6.8M Add +90.3%
NEE Nextera Energy Inc. 0.46% 71,051 $6.6M Reduce -0.6%
SNDK Sandisk Corp. 0.46% 10,276 $6.5M Add +170.4%
VRT Vertiv Holdings Co. Class A 0.44% 25,113 $6.3M New
DH EUROPE FINANCE II SARL 0.43% 7,060,000 $6.1M Add +39.5%
AMAT Applied Materials Inc. 0.42% 17,664 $6.0M Add +62.9%
PGR Progressive Corp. 0.40% 28,800 $5.7M Add +4.8%
IEV iShares Europe ETF 0.40% 83,620 $5.7M Reduce -32.3%
PLD Prologis Inc. 0.40% 42,887 $5.7M Reduce -7.9%
TCEHY Tencent Holdings Ltd.-Uns ADR 0.38% 86,868 $5.5M Add +106.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.38% 111,820 $5.5M Reduce -45.9%
ABBV Abbvie Inc. 0.36% 23,600 $5.1M Reduce -55.5%
WDC Western Digital Corp. 0.35% 18,700 $5.1M New
BOOKING HOLDINGS INC. 0.35% 5,000,000 $5.0M Add +11.1%
IVV iShares Core S&P 500 ETF 0.34% 7,405 $4.8M Reduce -1.1%
EQIX Equinix Inc. 0.31% 4,500 $4.4M Reduce -11.0%
MDT Medtronic PLC 0.30% 49,094 $4.3M Add +0.9%
C Citigroup Inc. 0.28% 35,683 $4.0M Reduce -56.1%
MCK McKesson Corp. 0.25% 4,200 $3.6M New
LIN Linde PLC 0.24% 6,980 $3.5M Add +2.5%
INTC Intel Corp. 0.24% 77,800 $3.4M Add +23.9%
FSLR First Solar Inc. 0.24% 17,258 $3.4M Reduce -42.7%
SE Sea Ltd.-ADR 0.23% 40,279 $3.3M Add +75.1%
MS Morgan Stanley 0.23% 20,151 $3.3M Reduce -55.8%
KO The Coca-Cola Co. 0.21% 38,891 $3.0M Add +2.6%
LITE Lumentum Holdings Inc. 0.21% 4,191 $2.9M New
WELL Welltower Inc. 0.21% 14,866 $2.9M Reduce -68.5%
SPOT Spotify Technology SA 0.20% 6,000 $2.9M No change
GM General Motors Co. 0.20% 39,024 $2.9M Add +2.9%
TXN Texas Instruments Inc. 0.20% 14,900 $2.9M Reduce -28.7%
FORTIVE CORP 0.19% 2,700,000 $2.8M Add +80.0%
ORCL Oracle Corp. 0.19% 18,500 $2.7M Reduce -81.2%
COST Costco Wholesale Corp. 0.19% 2,700 $2.7M Add +42.1%
AMT American Tower Corp. 0.18% 15,268 $2.6M Add +2.5%
ABT Abbott Laboratories 0.17% 24,000 $2.5M Reduce -13.0%
REGN Regeneron Pharmaceuticals 0.16% 3,000 $2.3M No change
UNH Unitedhealth Group Inc. 0.16% 8,500 $2.3M Reduce -74.5%
BIIB Biogen Inc. 0.16% 12,428 $2.3M Add +2.5%
GILD Gilead Sciences Inc. 0.16% 16,000 $2.2M Reduce -21.5%
COMCAST CORP (CMCSA 0.75 02/20/32) 0.15% 2,550,000 $2.1M Reduce -36.3%
DELL Dell Technologies -C 0.15% 13,000 $2.1M Add +30.0%
GENERAL MILLS, INC. 0.15% 2,100,000 $2.1M No change
IBN Icici Bank Ltd.-Spon ADR 0.15% 81,379 $2.1M No change
ISRG Intuitive Surgical Inc. 0.15% 4,520 $2.1M No change
FDX FedEx Corp. 0.15% 5,846 $2.1M Add +2.5%
WFC Wells Fargo & Co. 0.14% 26,000 $2.1M Reduce -64.9%
UTHR United Therapeutics Corp. 0.14% 3,400 $2.0M No change
HCA HCA Healthcare Inc. 0.14% 4,248 $2.0M Add +97.8%
VERIZON COMMUNICATIONS (VZ 1.375 10/27/26) 0.14% 2,000,000 $2.0M No change
MRVL Marvell Technology Inc. 0.14% 20,000 $2.0M Reduce -42.6%
PPG INDUSTRIES INC (PPG 1.4 03/13/27) 0.14% 2,000,000 $2.0M No change
DAR Darling Ingredients Inc. 0.13% 31,000 $1.9M No change
QCOM Qualcomm Inc. 0.13% 14,888 $1.9M Reduce -76.0%
ASX Ase Technology Holding -ADR 0.13% 87,527 $1.9M Add +12.9%
DD Dupont DE Nemours Inc. 0.13% 40,722 $1.9M Add +2.5%
BSX Boston Scientific Corp. 0.13% 29,500 $1.9M Add +34.1%
PLTR Palantir Technologies Inc. Class A 0.12% 11,900 $1.7M Reduce -65.9%
DE Deere & Co. 0.11% 2,813 $1.6M Add +2.7%
FN Fabrinet 0.11% 3,038 $1.6M New
VRTX Vertex Pharmaceuticals Inc. 0.11% 3,450 $1.5M No change
HDB HDFC Bank Ltd.-ADR 0.11% 60,770 $1.5M No change
INTERNATIONAL BUSINESS MACHINES CORP 0.10% 1,500,000 $1.5M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.10% 9,200 $1.5M Reduce -60.3%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.10% 101,000 $1.5M Add +14.4%
EW Edwards Lifesciences Corp. 0.10% 18,060 $1.4M No change
RMD Resmed Inc. 0.10% 6,400 $1.4M No change
AMGN Amgen Inc. 0.10% 4,050 $1.4M No change
EQUINIX EUROPE 2 FINANCING CORP LLC 0.10% 1,400,000 $1.4M No change
AVY Avery Dennison Corp. 0.10% 7,980 $1.4M No change
QQQ Invesco QQQ Trust Series 1 0.08% 2,063 $1.2M Reduce -50.6%
NBIX Neurocrine Biosciences Inc. 0.08% 9,000 $1.2M Reduce -10.0%
ELV Elevance Health Inc. 0.08% 4,000 $1.2M Reduce -12.7%
DXCM Dexcom Inc. 0.08% 18,500 $1.2M No change
NSC Norfolk Southern Corp. 0.08% 4,000 $1.1M Reduce -44.4%
XP XP Inc. Class A 0.08% 60,033 $1.1M Add +30.4%
CB Chubb Ltd. 0.08% 3,500 $1.1M New
DHR Danaher Corp. 0.08% 6,000 $1.1M Reduce -67.9%
COHR Coherent Corp. 0.08% 4,659 $1.1M New
BOOKING HOLDINGS INC (BKNG 4.5 11/15/31) 0.07% 1,000,000 $1.1M New
CRH CRH PLC 0.07% 10,000 $1.1M Reduce -15.3%
ANET Arista Networks Inc. 0.07% 8,500 $1.0M Reduce -50.3%
VISA INC. 0.07% 1,000,000 $1.0M No change
FIX Comfort Systems USA Inc. 0.07% 700 $965K New
YUMC Yum China Holdings Inc. 0.07% 19,680 $960K No change
INTERNATIONAL BUSINESS MACHINES CORP 0.07% 1,000,000 $956K No change
CRM Salesforce Inc. 0.07% 5,000 $933K Reduce -92.8%
BMRN Biomarin Pharmaceutical Inc. 0.07% 16,500 $932K No change
HSAI Hesai Group 0.07% 48,570 $929K No change
IREN Iren Ltd. filed as IREN LIMITED 0.06% 25,409 $871K New
PEP Pepsico Inc. 0.06% 5,554 $862K Add +51.4%
CIEN Ciena Corp. 0.06% 2,200 $854K New
AIR PRODUCTS & CHEMICALS (APD 0.8 05/05/32 EMTN) 0.06% 1,000,000 $851K No change
ADI Analog Devices Inc. 0.06% 2,651 $843K Reduce -27.5%
AIR LEASE CORP 0.06% 800,000 $817K New
VEEV Veeva Systems Inc. Class A 0.06% 4,500 $790K New
MELI MercadoLibre Inc. 0.05% 425 $735K Reduce -40.6%
TEM Tempus AI Inc. Class A 0.05% 15,000 $678K New
COIN Coinbase Global Inc. Class A 0.04% 3,650 $637K New
NOW ServiceNow Inc. 0.04% 5,500 $575K Reduce -74.1%
NXT Nextpower Inc. 0.04% 4,267 $514K Reduce -30.1%
INTERNATIONAL BUSINESS MACHINES CORP 0.04% 500,000 $504K No change
AT&T INC. 0.03% 500,000 $490K Reduce -80.2%
FIDELITY NATL INFO SERV (FIS 1 12/03/28) 0.03% 500,000 $469K New
TTEK Tetra Tech Inc. 0.03% 15,364 $463K Reduce -52.1%
VRSK Verisk Analytics Inc. 0.03% 2,363 $448K Reduce -50.3%
CLH Clean Harbors Inc. 0.03% 1,502 $431K Add +7.4%
CCJ Cameco Corp. 0.03% 3,853 $418K New
SEI Solaris Energy Infrastructur 0.03% 7,265 $411K New
TEVA Teva Pharmaceutical-SP ADR 0.03% 13,121 $395K Add +162.4%
TER Teradyne Inc. 0.02% 1,119 $332K New
BOOKING HOLDINGS INC (BKNG 4.25 05/15/29) 0.02% 300,000 $318K No change
UEC Uranium Energy Corp. 0.02% 23,324 $315K Add +71.7%
BE Bloom Energy Corp. Class A 0.02% 2,216 $300K Add +16.6%
NTRA Natera Inc. 0.02% 1,500 $300K No change
XYL Xylem Inc. 0.02% 2,482 $297K Reduce -62.7%
LSCC Lattice Semiconductor Corp. 0.02% 2,843 $264K New
PUBLIC STORAGE OPERATING CO 0.01% 250,000 $211K No change
RUN Sunrun Inc. 0.01% 15,067 $204K Add +50.7%
EMERSON ELECTRIC CO (EMR 3 03/15/31) 0.01% 200,000 $195K No change
CRDO Credo Technology Group Holdi 0.01% 2,000 $188K New
BIDU Baidu Inc. - Spon ADR 0.01% 1,394 $155K New
CEG Constellation Energy 0.01% 344 $96K Reduce -31.2%
QTEC First Trust Nasdq 100 Tech I 0.01% 365 $79K No change
RACE Ferrari NV 0.00% 19 $6K No change

Portfolio Sells Q4 2025 → Q1 2026
MSFT Microsoft Corp. Reduce -3.6% 6.24% −1.39
JPM JPMorgan Chase & Co. Reduce -29.0% 2.92% −1.14
CRM Salesforce Inc. Reduce -92.8% 0.07% −1.09
ORCL Oracle Corp. Reduce -81.2% 0.19% −1.02
IBM Intl Business Machines Corp. Sold out 0.00% −0.57
QCOM Qualcomm Inc. Reduce -76.0% 0.13% −0.54
UNH Unitedhealth Group Inc. Reduce -74.5% 0.16% −0.53
MA Mastercard Inc. Class A Reduce -29.0% 0.91% −0.41
ABBV Abbvie Inc. Reduce -55.5% 0.36% −0.41
UBER Uber Technologies Inc. Reduce -34.2% 0.73% −0.41
AXP American Express Co. Sold out 0.00% −0.40
TSLA Tesla Inc. Reduce -8.2% 1.98% −0.37
V Visa Inc. Class A Reduce -19.8% 1.21% −0.37
CI The Cigna Group Sold out 0.00% −0.37
WELL Welltower Inc. Reduce -68.5% 0.21% −0.35
BAC Bank of America Corp. Reduce -45.9% 0.38% −0.34
C Citigroup Inc. Reduce -56.1% 0.28% −0.32
DIS The Walt Disney Co. Reduce -32.0% 0.56% −0.31
SPY SS SPDR S&P 500 ETF Trust-US Reduce -40.2% 0.52% −0.30
WFC Wells Fargo & Co. Reduce -64.9% 0.14% −0.29
MS Morgan Stanley Reduce -55.8% 0.23% −0.28
PLTR Palantir Technologies Inc. Class A Reduce -65.9% 0.12% −0.27
META Meta Platforms Inc. Class A Reduce -3.2% 3.47% −0.26
FSLR First Solar Inc. Reduce -42.7% 0.24% −0.26
AAPL Apple Inc. Reduce -7.4% 5.80% −0.25
NFLX Netflix Inc. Reduce -24.8% 1.48% −0.25
T AT&T Inc. Sold out 0.00% −0.24
LOW Lowe's Cos Inc. Reduce -34.7% 0.57% −0.23
HD Home Depot Inc. Reduce -27.9% 0.75% −0.23
DHR Danaher Corp. Reduce -67.9% 0.08% −0.19
NOW ServiceNow Inc. Reduce -74.1% 0.04% −0.16
APH Amphenol Corp. Class A Sold out 0.00% −0.14
IEV iShares Europe ETF Reduce -32.3% 0.40% −0.14
AT&T INC. Reduce -80.2% 0.03% −0.12
TJX TJX Companies Inc. Reduce -60.3% 0.10% −0.12
APP AppLovin Corp. Class A Sold out 0.00% −0.11
INFY Infosys Ltd.-SP ADR Sold out 0.00% −0.10
PANW Palo Alto Networks Inc. Sold out 0.00% −0.08
QQQ Invesco QQQ Trust Series 1 Reduce -50.6% 0.08% −0.08
MMYT Makemytrip Ltd. Sold out 0.00% −0.08
IQV Iqvia Holdings Inc. Sold out 0.00% −0.08
AZN Astrazeneca PLC Reduce -26.9% 0.51% −0.08
COF Capital One Financial Corp. Sold out 0.00% −0.07
ANET Arista Networks Inc. Reduce -50.3% 0.07% −0.07
COMCAST CORP (CMCSA 0.75 02/20/32) Reduce -36.3% 0.15% −0.07
THE PROCTER & GAMBLE COMPANY Sold out 0.00% −0.06
SCHW Schwab (charles) Corp. Sold out 0.00% −0.06
INTU Intuit Inc. Sold out 0.00% −0.06
NSC Norfolk Southern Corp. Reduce -44.4% 0.08% −0.05
GS Goldman Sachs Group Inc. Reduce -8.0% 2.59% −0.05

Portfolio Buys Q4 2025 → Q1 2026
TSM Taiwan Semiconductor-SP ADR Add +205.1% 2.49% +1.83
NVDA Nvidia Corp. Add +9.2% 9.77% +1.14
CAT Caterpillar Inc. New 0.95% +0.95
MU Micron Technology Inc. Add +42.0% 2.00% +0.93
JNJ Johnson & Johnson Add +40.5% 1.94% +0.89
RTX RTX Corp. New 0.88% +0.88
MRK Merck & Co. Inc. Add +42.9% 1.62% +0.73
WMT Walmart Inc. Add +5.2% 2.71% +0.63
AMZN Amazon.com Inc. Add +10.1% 6.64% +0.61
GOOG Alphabet Inc. Class C Add +28.6% 2.41% +0.56
LRCX Lam Research Corp. Add +704.4% 0.60% +0.55
VRT Vertiv Holdings Co. Class A New 0.44% +0.44
KLAC KLA Corp. Add +122.2% 0.61% +0.40
SNDK Sandisk Corp. Add +170.4% 0.46% +0.40
WDC Western Digital Corp. New 0.35% +0.35
PWR Quanta Services Inc. Add +5.4% 0.93% +0.32
MCK McKesson Corp. New 0.25% +0.25
AMAT Applied Materials Inc. Add +62.9% 0.42% +0.25
BABA Alibaba Group Holding-SP ADR Add +90.3% 0.48% +0.21
LITE Lumentum Holdings Inc. New 0.21% +0.21
AVGO Broadcom Inc. Add +6.7% 3.70% +0.20
TCEHY Tencent Holdings Ltd.-Uns ADR Add +106.8% 0.38% +0.18
GOOGL Alphabet Inc. Class A Add +2.1% 4.62% +0.18
MCD McDonald's Corp. Add +16.1% 0.72% +0.17
DH EUROPE FINANCE II SARL Add +39.5% 0.43% +0.15
Eaton Corp PLC Add +9.0% 0.55% +0.14
TMO Thermo Fisher Scientific Inc. Add +32.8% 0.72% +0.14
FN Fabrinet New 0.11% +0.11
FORTIVE CORP Add +80.0% 0.19% +0.10
INTC Intel Corp. Add +23.9% 0.24% +0.09
COST Costco Wholesale Corp. Add +42.1% 0.19% +0.08
CB Chubb Ltd. New 0.08% +0.08
COHR Coherent Corp. New 0.08% +0.08
HCA HCA Healthcare Inc. Add +97.8% 0.14% +0.08
BOOKING HOLDINGS INC (BKNG 4.5 11/15/31) New 0.07% +0.07
DELL Dell Technologies -C Add +30.0% 0.15% +0.07
FIX Comfort Systems USA Inc. New 0.07% +0.07
BOOKING HOLDINGS INC. Add +11.1% 0.35% +0.06
IREN Iren Ltd. New 0.06% +0.06
CIEN Ciena Corp. New 0.06% +0.06
LIN Linde PLC Add +2.5% 0.24% +0.06
AIR LEASE CORP New 0.06% +0.06
VEEV Veeva Systems Inc. Class A New 0.06% +0.06
ASX Ase Technology Holding -ADR Add +12.9% 0.13% +0.05
SE Sea Ltd.-ADR Add +75.1% 0.23% +0.05
TEM Tempus AI Inc. Class A New 0.05% +0.05
COIN Coinbase Global Inc. Class A New 0.04% +0.04
FDX FedEx Corp. Add +2.5% 0.15% +0.04
KO The Coca-Cola Co. Add +2.6% 0.21% +0.04
FIDELITY NATL INFO SERV (FIS 1 12/03/28) New 0.03% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 184$1.9BNVDA, AMZN, MSFT, AAPL, GOOGL
Q1 2026 166$1.4BNVDA, AMZN, MSFT, AAPL, GOOGL
Q4 2025 173$1.6BNVDA, MSFT, AAPL, AMZN, GOOGL
Q3 2025 140$1.5BNVDA, MSFT, AAPL, AMZN, META
Q2 2025 131$1.4BNVDA, MSFT, AMZN, META, AAPL
Q1 2025 134$1.2BMSFT, AMZN, NVDA, AAPL, META
Q4 2024 124$1.3BNVDA, AMZN, MSFT, AAPL, META