Zurich Insurance Group Ltd

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Zurich Insurance Group Ltd reported 233 stock positions worth $12.3 billion. Its top holding was Apple (AAPL) at 6.7% of the portfolio, followed by Nvidia (NVDA, 5.9%) and Microsoft (MSFT, 5.4%). Compared with Q3 2024, it opened 57 new positions, sold out of 36, added to 54 and reduced 62. The biggest buy was Amazon.com (AMZN, shares +23%) and the biggest sale an exit from Transdigm (TDG).

Most Recent 13F
Q2 2026
Location
ZURICH, V8
CIK
0001127799
Portfolio Value
$12.3B (Q4 2024)
SEC Filing
0000899140-25-000322 ↗ filed Feb 14, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $10.9B Q1 2024 Q2 2024: $11.5B Q2 2024 Q3 2024: $11.8B Q3 2024 Q4 2024: $12.3B $12.3B Q4 2024 Q1 2025: $12.3B Q1 2025 Q2 2025: $12.9B Q2 2025 Q3 2025: $14.0B Q3 2025 Q4 2025: $14.4B Q4 2025 Q1 2026: $12.7B Q1 2026 Q2 2026: $14.4B Q2 2026

Holdings 233 stocks · $12.3B
AAPL Apple Inc. 6.66% 3,259,353 $816.2M Reduce -0.0%
NVDA Nvidia Corp. 5.90% 5,389,502 $723.8M Add +1.1%
MSFT Microsoft Corp. 5.41% 1,573,968 $663.4M Reduce -6.7%
AMZN Amazon.com Inc. 4.41% 2,463,926 $540.6M Add +22.7%
GOOGL Alphabet Inc. Class A 4.39% 2,841,578 $537.9M Add +5.7%
META Meta Platforms Inc. Class A 3.08% 644,543 $377.4M Add +0.7%
AVGO Broadcom Inc. 2.42% 1,280,164 $296.8M Add +3.8%
TSLA Tesla Inc. 2.11% 641,897 $259.2M Add +41.6%
WMT Walmart Inc. 2.04% 2,767,066 $250.0M Add +0.6%
CRM Salesforce Inc. 1.53% 562,125 $187.9M Add +110.9%
NFLX Netflix Inc. 1.44% 197,799 $176.3M Add +10.9%
ORCL Oracle Corp. 1.33% 977,484 $162.9M Reduce -13.1%
LLY Eli Lilly & Co. 1.29% 205,701 $158.8M Reduce -3.1%
MA Mastercard Inc. Class A 1.29% 300,180 $158.1M Reduce -6.1%
BSX Boston Scientific Corp. 1.28% 1,762,212 $157.4M Add +18.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.27% 3,544,508 $155.8M Add +24.3%
V Visa Inc. Class A 1.10% 427,383 $135.1M Reduce -4.6%
CLH Clean Harbors Inc. 0.98% 520,910 $119.9M Add +21.7%
WFC Wells Fargo & Co. 0.96% 1,669,710 $117.3M New
PM Philip Morris International 0.92% 942,348 $113.4M Add +2.0%
CRH CRH PLC 0.92% 1,215,366 $112.5M Reduce -8.6%
JPM JPMorgan Chase & Co. 0.90% 461,534 $110.6M Add +19.4%
AXON Axon Enterprise Inc. 0.86% 178,396 $106.0M Reduce -26.8%
UNM Unum Group 0.86% 1,440,490 $105.2M New
APD Air Products & Chemicals Inc. 0.86% 362,038 $105.0M New
HWM Howmet Aerospace Inc. 0.84% 941,721 $103.0M New
SW Smurfit Westrock PLC 0.84% 1,905,979 $102.7M Add +44.9%
CCL Carnival Corp. 0.82% 4,046,759 $100.8M New
UNH Unitedhealth Group Inc. 0.79% 191,623 $96.9M Reduce -29.0%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.79% 1,799,344 $96.5M New
HD Home Depot Inc. 0.78% 247,076 $96.1M Reduce -37.3%
AIT Applied Industrial Tech Inc. 0.74% 379,460 $90.9M Add +0.6%
APO Apollo Global Management Inc. 0.73% 539,726 $89.1M Add +12.4%
ORLY O'reilly Automotive Inc. 0.70% 72,291 $85.7M New
DECK Deckers Outdoor Corp. 0.69% 417,882 $84.9M Add +89.5%
KKR KKR & Co. Inc. 0.69% 572,098 $84.6M Reduce -1.7%
GILD Gilead Sciences Inc. 0.68% 908,894 $84.0M Add +232.1%
CVX Chevron Corp. 0.66% 555,941 $80.5M Add +146.3%
NOW ServiceNow Inc. 0.65% 75,680 $80.2M Reduce -1.3%
ET Energy Transfer LP 0.65% 4,038,442 $79.1M New
RMD Resmed Inc. 0.63% 338,029 $77.3M Reduce -11.5%
BRK.B Berkshire Hathaway Inc. Class B 0.63% 170,286 $77.2M Reduce -40.7%
FISV Fiserv Inc. 0.62% 371,582 $76.3M Add +17.9%
MRVL Marvell Technology Inc. 0.61% 682,186 $75.3M New
ABBV Abbvie Inc. 0.61% 420,327 $74.7M Add +11.7%
SYF Synchrony Financial 0.61% 1,143,570 $74.3M Add +0.4%
AMAT Applied Materials Inc. 0.59% 448,393 $72.9M Reduce -1.2%
PCG P G & E Corp. 0.59% 3,560,305 $71.8M Add +272.5%
GS Goldman Sachs Group Inc. 0.59% 125,387 $71.8M Add +41.9%
WDAY Workday Inc. Class A 0.56% 267,503 $69.0M Reduce -16.2%
JNJ Johnson & Johnson 0.56% 473,433 $68.5M Reduce -2.7%
SYK Stryker Corp. 0.55% 188,544 $67.9M Add +0.4%
BA The Boeing Co. 0.55% 383,237 $67.8M New
FLUT Flutter Entertainment PLC-Di 0.55% 262,119 $67.7M Add +870.0%
GDDY GoDaddy Inc. Class A 0.55% 343,178 $67.7M Add +14.3%
XOM Exxon Mobil Corp. 0.54% 612,919 $65.9M Reduce -42.6%
TXN Texas Instruments Inc. 0.54% 350,793 $65.8M Reduce -17.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.52% 290,806 $63.9M Add +2519.9%
CEG Constellation Energy 0.51% 282,075 $63.1M Add +81.5%
CSCO Cisco Systems Inc. 0.50% 1,028,714 $60.9M Add +1189.1%
PAYC Paycom Software Inc. 0.50% 297,030 $60.9M New
MRK Merck & Co. Inc. 0.48% 593,787 $59.1M Add +27.1%
BRX Brixmor Property Group Inc. 0.48% 2,112,769 $58.8M Reduce -31.9%
CTRA Coterra Energy Inc. 0.47% 2,266,117 $57.9M New
CAT Caterpillar Inc. 0.46% 154,835 $56.2M Reduce -39.4%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.44% 708,867 $54.5M Add +19.1%
CARR Carrier Global Corp. 0.44% 786,737 $53.7M Reduce -51.5%
CSL Carlisle Cos Inc. 0.44% 145,107 $53.5M Reduce -28.4%
CMG Chipotle Mexican Grill Inc. 0.44% 885,090 $53.4M New
HON Honeywell International Inc. 0.43% 235,414 $53.2M Add +2458.8%
GE General Electric filed as GE AEROSPACE 0.43% 318,675 $53.2M Reduce -55.7%
PGR Progressive Corp. 0.43% 220,383 $52.8M Reduce -61.7%
BN Brookfield Corp. 0.43% 916,698 $52.6M Add +25.2%
VTR Ventas Inc. 0.41% 843,881 $49.7M Add +23.7%
DUK Duke Energy Corp. 0.40% 455,211 $49.0M Add +6.3%
COST Costco Wholesale Corp. 0.40% 53,171 $48.7M Reduce -4.8%
UMBF Umb Financial Corp. 0.38% 418,228 $47.2M Reduce -9.4%
MSI Motorola Solutions Inc. 0.38% 99,897 $46.2M Reduce -38.4%
SPIB SS SPDR P Int C Corp. ETF 0.37% 1,402,903 $45.9M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.37% 404,646 $45.1M New
RCL Royal Caribbean Cruises Ltd. 0.37% 194,307 $44.8M New
HUBS HubSpot Inc. 0.36% 62,830 $43.8M New
BRO Brown & Brown Inc. 0.35% 426,147 $43.5M Reduce -34.1%
JEF Jefferies Financial Group Inc. 0.35% 547,160 $42.9M Reduce -17.8%
LIN Linde PLC 0.34% 100,997 $42.3M Reduce -19.1%
ETN Eaton Corp. PLC 0.34% 126,864 $42.1M New
SBUX Starbucks Corp. 0.34% 457,460 $41.7M Reduce -64.8%
DDOG Datadog Inc. Class A 0.34% 291,274 $41.6M New
EQIX Equinix Inc. 0.33% 42,537 $40.1M Add +121.4%
VCSH Vanguard S/T Corp. Bond ETF 0.33% 512,721 $40.0M No change
VOO Vanguard S&P 500 ETF 0.31% 70,941 $38.4M Add +108.3%
PG The Procter & Gamble Co. 0.31% 226,927 $38.0M Add +21.1%
INTU Intuit Inc. 0.30% 58,163 $36.6M Reduce -54.9%
ULTA Ulta Beauty Inc. 0.30% 83,794 $36.4M New
ADBE Adobe Inc. 0.29% 80,586 $35.8M Reduce -46.9%
IGSB iShares 1-5Y Inv Grade Corp. 0.29% 679,581 $35.1M No change
SPOT Spotify Technology SA 0.28% 77,402 $34.6M New
RACE Ferrari NV 0.28% 79,796 $34.0M Add +13.2%
COP Conocophillips 0.27% 337,801 $33.5M New
T AT&T Inc. 0.27% 1,442,705 $32.9M New

Show all 233 holdings

Portfolio Sells Q3 2024 → Q4 2024
TDG Transdigm Group Inc. Sold out 0.00% −1.14
NEM Newmont Corp. Sold out 0.00% −0.83
PGR Progressive Corp. Reduce -61.7% 0.43% −0.81
MET Metlife Inc. Sold out 0.00% −0.78
MSFT Microsoft Corp. Reduce -6.7% 5.41% −0.75
RGA Reinsurance Group of America Sold out 0.00% −0.74
SBUX Starbucks Corp. Reduce -64.8% 0.34% −0.73
GE General Electric Reduce -55.7% 0.43% −0.72
MCD McDonald's Corp. Sold out 0.00% −0.69
NKE Nike Inc. Class B Sold out 0.00% −0.69
CARR Carrier Global Corp. Reduce -51.5% 0.44% −0.67
DHI D.R. Horton Inc. Sold out 0.00% −0.62
PEG Public Service Enterprise GP Reduce -75.0% 0.17% −0.58
HD Home Depot Inc. Reduce -37.3% 0.78% −0.57
UNH Unitedhealth Group Inc. Reduce -29.0% 0.79% −0.55
KLAC KLA Corp. Reduce -75.7% 0.13% −0.54
XOM Exxon Mobil Corp. Reduce -42.6% 0.54% −0.52
TECK Teck Resources Ltd.-CLS B Reduce -83.2% 0.08% −0.52
CM Can Imperial BK of Commerce Reduce -96.4% 0.02% −0.51
CL Colgate-Palmolive Co. Sold out 0.00% −0.51
BLDR Builders Firstsource Inc. Sold out 0.00% −0.50
BRK.B Berkshire Hathaway Inc. Class B Reduce -40.7% 0.63% −0.49
LMT Lockheed Martin Corp. Reduce -94.5% 0.02% −0.47
DD Dupont DE Nemours Inc. Reduce -73.1% 0.13% −0.46
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.45
NVR NVR Inc. Sold out 0.00% −0.44
REGN Regeneron Pharmaceuticals Reduce -62.6% 0.14% −0.43
TRP TC Energy Corp. Reduce -63.9% 0.21% −0.41
CAT Caterpillar Inc. Reduce -39.4% 0.46% −0.39
INTU Intuit Inc. Reduce -54.9% 0.30% −0.38
MTB M & T Bank Corp. Sold out 0.00% −0.38
ADBE Adobe Inc. Reduce -46.9% 0.29% −0.37
SPGI S&P Global Inc. Sold out 0.00% −0.37
TD Toronto-Dominion Bank Sold out 0.00% −0.37
POOL Pool Corp. Sold out 0.00% −0.35
CSL Carlisle Cos Inc. Reduce -28.4% 0.44% −0.34
AMGN Amgen Inc. Reduce -86.0% 0.04% −0.32
LLY Eli Lilly & Co. Reduce -3.1% 1.29% −0.30
ORCL Oracle Corp. Reduce -13.1% 1.33% −0.30
BKR Baker Hughes Co. Sold out 0.00% −0.29
ADI Analog Devices Inc. Reduce -43.0% 0.26% −0.26
BRX Brixmor Property Group Inc. Reduce -31.9% 0.48% −0.25
MSI Motorola Solutions Inc. Reduce -38.4% 0.38% −0.24
FITB Fifth Third Bancorp Sold out 0.00% −0.24
LEN Lennar Corp. Class A Reduce -90.1% 0.02% −0.22
BRO Brown & Brown Inc. Reduce -34.1% 0.35% −0.21
DELL Dell Technologies -C Reduce -43.2% 0.24% −0.21
TXN Texas Instruments Inc. Reduce -17.1% 0.54% −0.21
AMAT Applied Materials Inc. Reduce -1.2% 0.59% −0.18
VICI Vici Properties Inc. Sold out 0.00% −0.18

Portfolio Buys Q3 2024 → Q4 2024
AMZN Amazon.com Inc. Add +22.7% 4.41% +1.24
TSLA Tesla Inc. Add +41.6% 2.11% +1.11
WFC Wells Fargo & Co. New 0.96% +0.96
CRM Salesforce Inc. Add +110.9% 1.53% +0.91
UNM Unum Group New 0.86% +0.86
APD Air Products & Chemicals Inc. New 0.86% +0.86
HWM Howmet Aerospace Inc. New 0.84% +0.84
CCL Carnival Corp. New 0.82% +0.82
BNS Bank of Nova Scotia New 0.79% +0.79
ORLY O'reilly Automotive Inc. New 0.70% +0.70
ET Energy Transfer LP New 0.65% +0.65
AVGO Broadcom Inc. Add +3.8% 2.42% +0.62
MRVL Marvell Technology Inc. New 0.61% +0.61
GOOGL Alphabet Inc. Class A Add +5.7% 4.39% +0.60
BA The Boeing Co. New 0.55% +0.55
IBM Intl Business Machines Corp. Add +2519.9% 0.52% +0.50
FLUT Flutter Entertainment PLC-Di Add +870.0% 0.55% +0.50
PAYC Paycom Software Inc. New 0.50% +0.50
GILD Gilead Sciences Inc. Add +232.1% 0.68% +0.49
CTRA Coterra Energy Inc. New 0.47% +0.47
CSCO Cisco Systems Inc. Add +1189.1% 0.50% +0.46
CMG Chipotle Mexican Grill Inc. New 0.44% +0.44
PCG P G & E Corp. Add +272.5% 0.59% +0.43
HON Honeywell International Inc. Add +2458.8% 0.43% +0.42
NVDA Nvidia Corp. Add +1.1% 5.90% +0.41
DECK Deckers Outdoor Corp. Add +89.5% 0.69% +0.39
CVX Chevron Corp. Add +146.3% 0.66% +0.37
DIS The Walt Disney Co. New 0.37% +0.37
RCL Royal Caribbean Cruises Ltd. New 0.37% +0.37
NFLX Netflix Inc. Add +10.9% 1.44% +0.36
HUBS HubSpot Inc. New 0.36% +0.36
ETN Eaton Corp. PLC New 0.34% +0.34
DDOG Datadog Inc. Class A New 0.34% +0.34
BAC Bank of America Corp. Add +24.3% 1.27% +0.31
ULTA Ulta Beauty Inc. New 0.30% +0.30
SPOT Spotify Technology SA New 0.28% +0.28
SW Smurfit Westrock PLC Add +44.9% 0.84% +0.28
COP Conocophillips New 0.27% +0.27
T AT&T Inc. New 0.27% +0.27
LRCX Lam Research Corp. New 0.25% +0.25
AEM Agnico Eagle Mines Ltd. New 0.24% +0.24
BSX Boston Scientific Corp. Add +18.0% 1.28% +0.22
APO Apollo Global Management Inc. Add +12.4% 0.73% +0.22
GS Goldman Sachs Group Inc. Add +41.9% 0.59% +0.21
JPM JPMorgan Chase & Co. Add +19.4% 0.90% +0.21
C Citigroup Inc. New 0.21% +0.21
TRV The Travelers Cos Inc. New 0.20% +0.20
BMY Bristol-Myers Squibb Co. Add +707.0% 0.22% +0.20
EQIX Equinix Inc. Add +121.4% 0.33% +0.18
EL Estee Lauder Companies Class A New 0.17% +0.17

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 323$14.4BNVDA, AAPL, GOOGL, AMZN, MSFT
Q1 2026 327$12.7BNVDA, AAPL, GOOGL, MSFT, AMZN
Q4 2025 291$14.4BNVDA, AAPL, GOOGL, MSFT, AMZN
Q3 2025 270$14.0BNVDA, AAPL, MSFT, GOOGL, META
Q2 2025 253$12.9BNVDA, MSFT, AAPL, AMZN, META
Q1 2025 253$12.3BAAPL, MSFT, NVDA, GOOGL, AMZN
Q4 2024 233$12.3BAAPL, NVDA, MSFT, AMZN, GOOGL
Q3 2024 212$11.8BAAPL, MSFT, NVDA, GOOGL, AMZN
Q2 2024 229$11.5BMSFT, AAPL, NVDA, GOOGL, AMZN
Q1 2024 237$10.9BMSFT, AAPL, AMZN, NVDA, GOOGL