DaveManuel.com · Institutional Ownership · 13F Holdings

Generali Investments CEE, investicni spolecnost, a.s.

Reported holdings as of Q3 2026, from 8 quarterly filings.

CIK

2047540

Reported value

$2.1B

Positions

462

Top 10 weight

20.6%

Filed

2026-10-15

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
Moneta Money Bank AS		$94.5M	10,788,569	4.49%	flat	3q	HELD
STATE STR SPDR S&P 500 ETF T	SPY	$59.1M	79,130	2.80%	flat	8q	HELD
POWSZECHNA KASA OS		$49.0M	1,786,592	2.32%	flat	3q	HELD
OTP BANK PLC		$42.4M	287,225	2.01%	flat	3q	HELD
INVESCO EXCHANGE TRADED FD T	RSP	$41.3M	193,976	1.96%	flat	8q	HELD
Bank Polska Kasa Opieki SA		$33.1M	544,640	1.57%	flat	3q	HELD
ADVANCED MICRO DEVICES INC	AMD	$29.8M	51,312	1.41%	flat	8q	HELD
INVESCO QQQ TR	QQQ	$29.5M	40,026	1.40%	flat	8q	HELD
CEZ AS		$28.2M	482,253	1.34%	flat	3q	HELD
MICROSOFT CORP	MSFT	$27.9M	74,742	1.32%	flat	8q	HELD
NVIDIA CORPORATION	NVDA	$27.0M	134,776	1.28%	flat	8q	HELD
OMV AG		$26.0M	412,873	1.23%	flat	8q	HELD
Santander Bank Polska SA		$25.9M	151,382	1.23%	flat	3q	HELD
DELL TECHNOLOGIES INC	DELL	$25.4M	58,821	1.20%	flat	7q	HELD
SK Hynix Inc		$25.3M	14,109	1.20%	flat	8q	HELD
SAMSUNG ELECTRONICS CO LTD		$24.8M	4,610	1.18%	flat	8q	HELD
AMAZON COM INC	AMZN	$24.5M	102,903	1.16%	flat	8q	HELD
ERSTE GROUP BANK AG		$23.2M	173,197	1.10%	flat	8q	HELD
ISHARES TR	IBB	$22.1M	116,115	1.05%	flat	8q	HELD
PZU		$21.2M	1,218,313	1.01%	flat	3q	HELD
KGHM POLSKA MIEDZ S.A.		$20.4M	232,261	0.97%	flat	3q	HELD
ISHARES TR	IVV	$20.2M	27,000	0.96%	flat	8q	HELD
InPost SA		$19.0M	1,079,544	0.90%	flat	8q	HELD
KOMERCNI BANKA, A.S.		$18.4M	401,626	0.87%	flat	3q	HELD
APPLE INC	AAPL	$18.0M	62,081	0.85%	flat	8q	HELD
INTEL CORP	INTC	$17.7M	126,938	0.84%	flat	8q	HELD
SIEMENS AG ORDF		$17.2M	53,457	0.81%	flat	7q	HELD
HALYK SAVINGS BANK OF KAZAKHST		$16.6M	554,105	0.79%	flat	8q	HELD
GROUPON INC	GRPN	$16.6M	689,568	0.79%	flat	8q	HELD
ANHEUSER-BUSCH INBEV SA/NV		$16.1M	194,369	0.77%	flat	3q	HELD
ASML HLDGS NV F SPONSORED ADR 1 ADR REPS 1 ORD SHS		$16.1M	8,179	0.76%	flat	3q	HELD
BROADCOM INC	AVGO	$15.7M	41,524	0.74%	flat	8q	HELD
GEDEON RICHTER NYRT.		$15.6M	403,252	0.74%	flat	3q	HELD
LPP S.A.		$15.2M	3,138	0.72%	flat	3q	HELD
JPMORGAN CHASE & CO	JPM	$14.8M	45,112	0.70%	flat	8q	HELD
NAC KAZATOMPROM JSC-GDR REGS		$14.7M	213,310	0.70%	flat	8q	HELD
KASPI KZ JSC	KSPI	$14.4M	166,563	0.68%	flat	8q	HELD
CSG NV		$13.6M	932,618	0.65%	flat	3q	HELD
ALPHABET INC	GOOG	$13.4M	37,813	0.63%	flat	8q	HELD
Vonovia SE NPV (EUROS)		$12.8M	522,441	0.61%	flat	7q	HELD
ISHARES TR	ICLN	$12.7M	619,000	0.60%	flat	8q	HELD
ISHARES TR	ILF	$12.5M	371,843	0.60%	flat	2q	HELD
TOTALENERGIES SE	TTE	$11.9M	153,140	0.56%	flat	8q	HELD
EQUINIX INC	EQIX	$11.9M	11,373	0.56%	flat	8q	HELD
MICRON TECHNOLOGY INC	MU	$11.8M	10,223	0.56%	flat	4q	HELD
Adidas AG		$11.6M	56,949	0.55%	flat	3q	HELD
ALPHABET INC	GOOGL	$11.5M	32,238	0.55%	flat	8q	HELD
INTERNATIONAL BUSINESS MACHS	IBM	$11.4M	40,612	0.54%	flat	8q	HELD
ALLIANZ AG MUENCHEN NAMEN AKT VINK		$11.4M	24,168	0.54%	flat	3q	HELD
SAP SE		$11.1M	72,243	0.53%	flat	7q	HELD
FIRST SOLAR INC	FSLR	$11.1M	47,181	0.53%	flat	8q	HELD
Deutsche Telekom AG (EUROS)		$11.0M	404,544	0.52%	flat	3q	HELD
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$11.0M	23,046	0.52%	flat	8q	HELD
GROUPE DANONE		$10.4M	126,669	0.49%	flat	3q	HELD
VISA INC	V	$10.3M	30,091	0.49%	flat	8q	HELD
ELI LILLY & CO	LLY	$9.8M	8,184	0.47%	flat	8q	HELD
DISNEY WALT CO	DIS	$9.6M	100,177	0.46%	flat	8q	HELD
LOUIS VUITTON MOET HENNESSY ORD		$9.6M	17,373	0.46%	flat	3q	HELD
CD PROJEKT SA		$9.6M	160,822	0.45%	flat	3q	HELD
BIOGEN INC	BIIB	$9.4M	43,552	0.45%	flat	8q	HELD
ALLEGRO EU SA		$9.4M	933,308	0.44%	flat	8q	DEBT
PEPSICO INC	PEP	$9.1M	67,352	0.43%	flat	8q	HELD
Schneider Elec SA ORD F		$9.1M	27,938	0.43%	flat	8q	HELD
AMERICAN EXPRESS CO	AXP	$9.1M	26,863	0.43%	flat	8q	HELD
META PLATFORMS INC	META	$9.1M	16,100	0.43%	flat	8q	HELD
ABBVIE INC	ABBV	$9.0M	35,651	0.43%	flat	8q	HELD
Iberdrola Sa		$8.8M	354,006	0.42%	flat	8q	HELD
AIRBUS SE ORDF		$8.8M	39,398	0.42%	flat	8q	HELD
MASTERCARD INCORPORATED	MA	$8.7M	16,954	0.41%	flat	8q	HELD
RWE AG ACT A		$8.7M	134,182	0.41%	flat	7q	HELD
BERKSHIRE HATHAWAY INC DEL	BRKB	$8.5M	16,941	0.40%	flat	8q	HELD
Leonardo Spa		$8.4M	155,798	0.40%	flat	6q	HELD
BARRICK MNG CORP	B	$8.3M	224,707	0.39%	flat	6q	HELD
Thales SA		$7.9M	30,958	0.38%	flat	8q	HELD
MCDONALDS CORP	MCD	$7.9M	29,295	0.38%	flat	8q	HELD
CHEVRON CORPORATION	CVX	$7.8M	47,355	0.37%	flat	8q	HELD
COCA COLA CO	KO	$7.8M	96,305	0.37%	flat	8q	HELD
CITIGROUP INC	C	$7.8M	55,910	0.37%	flat	8q	HELD
MOL Hungarian Oil & Gas PLC		$7.8M	655,014	0.37%	flat	3q	HELD
E On SE NPV (EUROS)		$7.8M	377,587	0.37%	flat	7q	HELD
TEXAS INSTRS INC	TXN	$7.7M	25,725	0.36%	flat	8q	HELD
DINO POLSKA SA		$7.5M	992,960	0.36%	flat	3q	HELD
ING Groep N.V. ADR Sponsored		$7.5M	236,253	0.35%	flat	8q	HELD
WELLTOWER INC	WELL	$7.2M	31,600	0.34%	flat	8q	HELD
BANCO SANTANDER SA REG SHS		$7.1M	515,532	0.34%	flat	4q	HELD
STONEX GROUP INC	SNEX	$7.1M	59,725	0.34%	flat	2q	-33.3%-$3.5M
CATERPILLAR INC	CAT	$7.0M	6,577	0.33%	flat	8q	HELD
EBAY INC.	EBAY	$7.0M	62,270	0.33%	flat	8q	HELD
GOLDMAN SACHS GROUP INC	GS	$6.9M	6,855	0.33%	flat	8q	HELD
INDUSTRIA DE DISENO TEXTIL IND SHS NEW		$6.8M	108,627	0.32%	flat	8q	HELD
GEN DIGITAL INC	GEN	$6.8M	273,839	0.32%	flat	8q	HELD
GILEAD SCIENCES INC	GILD	$6.8M	53,896	0.32%	flat	8q	HELD
MORGAN STANLEY	MS	$6.6M	31,551	0.31%	flat	8q	HELD
EXXON MOBIL CORP	XOM	$6.5M	47,700	0.31%	flat	8q	HELD
Polski Koncern Naftowy Orlen SA		$6.5M	193,596	0.31%	flat	3q	HELD
London Stock (LDNXF)		$6.4M	59,582	0.31%	flat	8q	HELD
Royal Philips NV		$6.4M	236,066	0.30%	flat	8q	HELD
UNITEDHEALTH GROUP INC	UNH	$6.2M	14,832	0.29%	flat	8q	HELD
TESLA INC	TSLA	$6.2M	14,622	0.29%	flat	8q	HELD
HSBC HLDGS PLC	HSBC	$6.0M	63,521	0.29%	flat	8q	HELD
GOLD FIELDS LTD	GFI	$6.0M	179,686	0.29%	flat	8q	HELD
SPECTRUM BRANDS HOLDINGS INC	SPB	$5.9M	69,100	0.28%	flat	7q	HELD
NETFLIX INC.	NFLX	$5.9M	82,947	0.28%	flat	8q	HELD
CISCO SYS INC	CSCO	$5.8M	49,564	0.28%	flat	8q	HELD
AXA SA		$5.8M	116,062	0.28%	flat	3q	HELD
HP INC	HPQ	$5.7M	258,519	0.27%	flat	8q	HELD
SIMON PPTY GROUP INC NEW	SPG	$5.4M	24,102	0.26%	flat	8q	HELD
KERING		$5.3M	18,659	0.25%	flat	8q	HELD
VERTEX PHARMACEUTICALS INC	VRTX	$5.3M	10,599	0.25%	flat	8q	HELD
PROCTER & GAMBLE CO	PG	$5.2M	35,420	0.25%	flat	8q	HELD
VERIZON COMMUNICATIONS INC	VZ	$5.2M	121,657	0.24%	flat	8q	HELD
PHILIP MORRIS INTL INC	PM	$5.1M	28,419	0.24%	flat	8q	HELD
BOOKING HOLDINGS INC	BKNG	$5.1M	28,793	0.24%	flat	7q	HELD
Telefonica SA		$5.0M	1,248,183	0.24%	flat	8q	HELD
COSTCO WHOLESALE CORPORATION	COST	$5.0M	5,329	0.24%	flat	8q	HELD
MONSTER BEVERAGE CORP NEW	MNST	$5.0M	51,639	0.24%	flat	4q	-50.0%-$5.0M
BANK OF AMER CORP	BAC	$4.9M	86,282	0.23%	flat	8q	HELD
FERRARI N V	RACE	$4.9M	13,256	0.23%	flat	8q	HELD
HOME DEPOT INC	HD	$4.9M	13,835	0.23%	flat	8q	HELD
SONY GROUP CORP	SONY	$4.9M	243,128	0.23%	flat	8q	HELD
COLGATE PALMOLIVE CO	CL	$4.9M	52,948	0.23%	flat	8q	HELD
L OREAL ORDF		$4.8M	10,910	0.23%	flat	3q	HELD
QUALCOMM INC	QCOM	$4.6M	24,694	0.22%	flat	8q	HELD
Bayerische Motoren (BAMXF)		$4.5M	69,001	0.21%	flat	3q	HELD
KRAFT HEINZ CO	KHC	$4.5M	190,457	0.21%	flat	8q	HELD
WALMART INC	WMT	$4.5M	39,660	0.21%	flat	8q	HELD
JOHNSON & JOHNSON	JNJ	$4.5M	17,556	0.21%	flat	8q	HELD
AMGEN INC	AMGN	$4.4M	12,193	0.21%	flat	8q	HELD
DEERE CO	DE	$4.3M	6,801	0.20%	flat	4q	HELD
WELLS FARGO & CO	WFC	$4.2M	50,437	0.20%	flat	7q	HELD
RHEINMETALL AG ORDF		$4.1M	3,570	0.19%	flat	7q	HELD
GE AEROSPACE	GE	$4.1M	10,915	0.19%	flat	8q	HELD
VERBUND AG		$4.0M	62,965	0.19%	flat	8q	HELD
PAYPAL HLDGS INC	PYPL	$4.0M	92,151	0.19%	flat	8q	HELD
HIVE DIGITAL TECHNOLOGIES LT	HIVE	$4.0M	1,086,980	0.19%	flat	8q	HELD
PROLOGIS INC.	PLD	$3.9M	29,000	0.19%	flat	8q	HELD
Siemens Energy AG Held BY Euroclear		$3.9M	20,497	0.18%	flat	5q	HELD
HERMES INTERNTNL S ORDF		$3.9M	2,126	0.18%	flat	8q	HELD
INFOSYS LTD	INFY	$3.8M	365,083	0.18%	flat	8q	HELD
NESTLE SA SPONSORED ADR	NSRGY	$3.8M	37,160	0.18%	flat	8q	HELD
SAREPTA THERAPEUTICS INC	SRPT	$3.8M	211,850	0.18%	flat	8q	HELD
TOYOTA MOTOR CORP	TM	$3.8M	22,553	0.18%	flat	8q	HELD
ENEL SOCIETA PER AZIONI ITALY AZ		$3.8M	329,145	0.18%	flat	8q	HELD
ALIBABA GROUP HLDG LTD	BABA	$3.8M	39,242	0.18%	flat	8q	HELD
STARBUCKS CORP	SBUX	$3.7M	36,632	0.18%	flat	8q	HELD
AUTOMATIC DATA PROCESSING IN	ADP	$3.7M	16,602	0.18%	flat	7q	HELD
AIRBNB INC	ABNB	$3.7M	25,976	0.18%	flat	8q	HELD
HDFC BANK LTD	HDB	$3.7M	143,665	0.18%	flat	8q	HELD
MERCK & CO INC	MRK	$3.6M	27,981	0.17%	flat	8q	HELD
SERVICENOW INC	NOW	$3.6M	36,157	0.17%	flat	8q	HELD
SPOTIFY TECHNOLOGY S A	SPOT	$3.6M	7,747	0.17%	flat	8q	HELD
HONDA MOTOR CO LTD	HMC	$3.5M	130,693	0.17%	flat	8q	HELD
RAIFFEISEN BANK		$3.4M	53,908	0.16%	flat	3q	HELD
AT&T INC	T	$3.4M	163,161	0.16%	flat	8q	HELD
HUUUGE		$3.4M	587,167	0.16%	flat	8q	HELD
Air Astana JSC		$3.3M	626,643	0.16%	flat	8q	HELD
nan	MELI	$3.3M	1,962	0.16%	flat	8q	HELD
TENCENT HOLDINGS LTD. - UNS AD	TCEHY	$3.3M	59,908	0.16%	flat	8q	HELD
FEDEX CORP	FDX	$3.3M	10,543	0.16%	flat	8q	HELD
Engie SA		$3.3M	103,545	0.15%	flat	8q	HELD
mBank SA		$3.2M	8,929	0.15%	flat	3q	HELD
UBER TECHNOLOGIES INC	UBER	$3.2M	44,236	0.15%	flat	8q	HELD
3M CO	MMM	$3.2M	19,607	0.15%	flat	8q	HELD
BLACKROCK INC	BLK	$2.9M	3,062	0.14%	flat	8q	HELD
ENI SPA		$2.9M	124,300	0.14%	flat	8q	HELD
LOWES COS INC	LOW	$2.9M	12,979	0.14%	flat	8q	HELD
Prysmian SpA		$2.9M	17,137	0.14%	flat	7q	HELD
ARES CAPITAL CORP	ARCC	$2.9M	154,261	0.14%	flat	7q	HELD
NEWMONT CORP	NEM	$2.8M	30,496	0.14%	flat	8q	HELD
EDP-ENERGIAS DE PORTUGAL SA		$2.8M	531,889	0.13%	flat	8q	HELD
UNITED MICROELECTRONICS CORP	UMC	$2.8M	102,036	0.13%	flat	8q	HELD
HSBC HOLDINGS PLC ORDF		$2.8M	145,643	0.13%	flat	3q	HELD
ORACLE CORP	ORCL	$2.7M	18,746	0.13%	flat	8q	HELD
PULTEGROUP INC	PHM	$2.7M	20,000	0.13%	flat	8q	HELD
YUM! BRANDS INC	YUM	$2.7M	17,164	0.13%	flat	8q	HELD
COMPANHIA DE SANEAMENTO BASI	SBS	$2.7M	474,410	0.13%	flat	8q	HELD
DIGITAL RLTY TR INC	DLR	$2.7M	15,200	0.13%	flat	8q	HELD
PFIZER INC	PFE	$2.6M	107,648	0.12%	flat	8q	HELD
ASTRAZENECA PLC	AZN	$2.6M	13,830	0.12%	flat	3q	HELD
AGNICO EAGLE MINES LTD	AEM	$2.5M	16,343	0.12%	flat	8q	HELD
ROCHE HOLDING AG		$2.5M	6,123	0.12%	flat	3q	HELD
Sanofi (EUROS)		$2.5M	29,339	0.12%	flat	8q	HELD
VALERO ENERGY CORP	VLO	$2.5M	9,650	0.12%	flat	8q	HELD
SALESFORCE INC	CRM	$2.5M	15,937	0.12%	flat	8q	HELD
UCB ORDF		$2.5M	8,320	0.12%	flat	8q	HELD
NOVARTIS AG NAMEN AKT		$2.5M	15,729	0.12%	flat	8q	HELD
MARA HOLDINGS INC	MARA	$2.5M	177,234	0.12%	flat	5q	HELD
ICICI BK LTD	IBN	$2.5M	84,792	0.12%	flat	8q	HELD
NASDAQ INC	NDAQ	$2.5M	31,199	0.12%	flat	4q	HELD
NESTE OYJ		$2.4M	73,551	0.11%	flat	8q	HELD
ROYAL BK CDA	RY	$2.4M	11,578	0.11%	flat	8q	HELD
MARATHON PETE CORP	MPC	$2.4M	9,350	0.11%	flat	8q	HELD
NIKE INC	NKE	$2.4M	57,533	0.11%	flat	8q	HELD
REPSOL YPF SA		$2.3M	93,400	0.11%	flat	8q	HELD
PUBLIC STORAGE	PSA	$2.3M	7,350	0.11%	flat	8q	HELD
ABBOTT LABORATORIES	ABT	$2.3M	25,766	0.11%	flat	8q	HELD
KB FINL GROUP INC	KB	$2.3M	22,034	0.11%	flat	8q	HELD
CONSTELLATION ENERGY CORP	CEG	$2.3M	9,300	0.11%	flat	8q	HELD
CONOCOPHILLIPS	COP	$2.3M	22,000	0.11%	flat	8q	HELD
ADOBE INC	ADBE	$2.3M	11,140	0.11%	flat	8q	HELD
SHOPIFY INC	SHOP	$2.2M	19,373	0.10%	flat	4q	HELD
ROLLS-ROYCE HOLDIN ORDF		$2.2M	114,066	0.10%	flat	7q	HELD
DAIMLER AG	MBGAF	$2.2M	42,977	0.10%	flat	7q	HELD
PORSCHE AUTOMOBIL HLDG-PRF		$2.1M	69,097	0.10%	flat	3q	HELD
Nestle SA Nom		$2.1M	20,707	0.10%	flat	8q	HELD
DUKE ENERGY CORP NEW	DUK	$2.1M	16,791	0.10%	flat	8q	HELD
Barclays PLC Ord (BCLYF)		$2.1M	316,377	0.10%	flat	3q	HELD
INTUITIVE SURGICAL INC	ISRG	$2.1M	5,305	0.10%	flat	7q	HELD
Terna - Rete Elettrica Nazionale		$2.1M	177,768	0.10%	flat	8q	HELD
KIMCO REALTY CORP	KIM	$2.0M	80,300	0.10%	flat	8q	HELD
ACCENTURE PLC IRELAND	ACN	$2.0M	16,203	0.10%	flat	7q	HELD
COURSERA INC	COUR	$2.0M	356,034	0.10%	flat	3q	HELD
NEXTERA ENERGY INC	NEE	$2.0M	22,292	0.09%	flat	5q	HELD
SAFRAN SHS		$2.0M	4,963	0.09%	flat	8q	HELD
ANGLOGOLD ASHANTI PLC	AU	$1.9M	24,030	0.09%	flat	8q	HELD
HOST HOTELS & RESORTS INC	HST	$1.9M	82,000	0.09%	flat	8q	HELD
WHEATON PRECIOUS METALS CORP	WPM	$1.9M	17,048	0.09%	flat	8q	HELD
D R HORTON INC	DHI	$1.9M	11,700	0.09%	flat	8q	HELD
NINTENDO LTD ADR	NTDOY	$1.9M	180,000	0.09%	flat	8q	HELD
NOVARTIS AG	NVS	$1.9M	12,000	0.09%	flat	8q	HELD
VINCI S A ACT		$1.8M	12,658	0.09%	flat	8q	HELD
HEALTHCARE RLTY TR	HR	$1.8M	90,000	0.09%	flat	8q	HELD
ISHARES TR	ACWI	$1.8M	11,545	0.09%	flat	5q	HELD
Essilor Intl Ord		$1.8M	9,657	0.09%	flat	8q	HELD
RTX CORPORATION	RTX	$1.8M	9,481	0.09%	flat	8q	HELD
PALO ALTO NETWORKS INC	PANW	$1.8M	5,201	0.08%	flat	4q	HELD
SANDISK CORP	SNDK	$1.8M	775	0.08%	flat	3q	HELD
PHILLIPS 66	PSX	$1.7M	10,100	0.08%	flat	8q	HELD
UNITED PARCEL SVCS INC	UPS	$1.7M	15,662	0.08%	flat	8q	HELD
TOLL BROTHERS INC	TOL	$1.6M	10,000	0.08%	flat	8q	HELD
ALSTOM SHS PROV REGRO		$1.6M	94,365	0.08%	flat	8q	HELD
AMERICAN TOWER CORP	AMT	$1.6M	10,000	0.08%	flat	8q	HELD
PETROLEO BRASILEIRO S A	PBR	$1.6M	100,436	0.08%	flat	8q	HELD
KB HOME	KBH	$1.6M	25,500	0.08%	flat	8q	HELD
THERMO FISHER SCIENTIFIC INC	TMO	$1.6M	3,155	0.08%	flat	8q	HELD
PALANTIR TECHNOLOGIES INC	PLTR	$1.6M	13,555	0.08%	flat	4q	HELD
MARVELL TECHNOLOGY INC	MRVL	$1.6M	5,300	0.07%	flat	5q	HELD
SOUTHERN CO	SO	$1.6M	16,400	0.07%	flat	8q	HELD
Reliance Industries Ltd		$1.5M	26,777	0.07%	flat	8q	HELD
REGENERON PHARMACEUTICALS	REGN	$1.5M	2,370	0.07%	flat	8q	HELD
EXELON CORP	EXC	$1.5M	31,600	0.07%	flat	8q	HELD
AIR LIQUIDE ORD		$1.5M	7,439	0.07%	flat	8q	HELD
ABB Ltd		$1.5M	13,583	0.07%	flat	8q	HELD
Zabka Group SA		$1.4M	200,629	0.07%	flat	7q	HELD
ITAU UNIBANCO HLDG S A	ITUB	$1.4M	175,468	0.07%	flat	8q	HELD
CARDINAL HEALTH INC	CAH	$1.4M	6,000	0.07%	flat	8q	HELD
SOUTHERN COPPER CORP	SCCO	$1.4M	8,071	0.07%	flat	8q	HELD
THE CIGNA GROUP	CI	$1.4M	5,100	0.07%	flat	8q	HELD
EOG RES INC	EOG	$1.4M	10,800	0.07%	flat	8q	HELD
HEWLETT PACKARD ENTERPRISE C	HPE	$1.4M	31,000	0.07%	flat	8q	HELD
APPLIED MATLS INC	AMAT	$1.4M	1,910	0.07%	flat	3q	HELD
UBS GROUP AG	UBS	$1.3M	26,684	0.06%	flat	3q	HELD
LAM RESEARCH CORP	LRCX	$1.3M	3,041	0.06%	flat	3q	HELD
Novo-Nordisk A-S Ord		$1.3M	27,399	0.06%	flat	3q	HELD
Jeronimo Martins SGPS SA		$1.3M	68,650	0.06%	flat	8q	HELD
BLUE OWL CAPITAL CORPORATION	OBDC	$1.3M	119,721	0.06%	flat	7q	HELD
NETEASE COM INC	NTES	$1.3M	10,151	0.06%	flat	8q	HELD
REPUBLIC SVCS INC	RSG	$1.3M	6,053	0.06%	flat	8q	HELD
QUEST DIAGNOSTICS INC	DGX	$1.3M	6,000	0.06%	flat	8q	HELD
BLACKSTONE SECD LENDING FD	BXSL	$1.3M	52,943	0.06%	flat	7q	HELD
SLB LIMITED	SLB	$1.3M	27,000	0.06%	flat	8q	HELD
ENBRIDGE INC	ENB	$1.2M	23,022	0.06%	flat	8q	HELD
Prosus NV		$1.2M	28,554	0.06%	flat	8q	HELD
Lloyds Banking Group plc (LLDTF)		$1.2M	840,026	0.06%	flat	4q	HELD
BAE Systems PLC (BAESF)		$1.2M	50,145	0.06%	flat	3q	HELD
ACCIONA SA COM		$1.2M	3,810	0.06%	flat	2q	HELD
CVS HEALTH CORP	CVS	$1.2M	11,500	0.06%	flat	8q	HELD
Banco Bilbao Vizcaya Argentari		$1.2M	46,854	0.06%	flat	4q	HELD
British American Tobacco (BTAFF)		$1.2M	18,835	0.06%	flat	8q	HELD
ALNYLAM PHARMACEUTICALS INC	ALNY	$1.2M	3,850	0.05%	flat	8q	HELD
BAIDU INC	BIDU	$1.1M	10,034	0.05%	flat	8q	HELD
FRANCO NEV CORP	FNV	$1.1M	5,460	0.05%	flat	8q	HELD
KINROSS GOLD CORP	KGC	$1.1M	47,760	0.05%	flat	8q	HELD
BAKER HUGHES COMPANY	BKR	$1.1M	20,300	0.05%	flat	8q	HELD
IQVIA HLDGS INC	IQV	$1.1M	5,750	0.05%	flat	5q	HELD
STMICROELECTRONICS NV-NY SHS		$1.1M	15,000	0.05%	flat	2q	HELD
Veolia Environnement Sa		$1.1M	26,501	0.05%	flat	8q	HELD
UNILEVER PLC		$1.1M	18,275	0.05%	flat	4q	HELD
KINDER MORGAN INC DEL	KMI	$1.1M	34,160	0.05%	flat	8q	HELD
MAIN STR CAP CORP	MAIN	$1.1M	20,785	0.05%	flat	6q	HELD
CIA ENERGETICA DE MINAS GERA	CIG	$1.1M	507,044	0.05%	flat	8q	HELD
CEMEX SAB DE CV	CX	$1.1M	88,394	0.05%	flat	8q	HELD
China Construction Bank Corp. ADR	CICHY	$1.1M	51,355	0.05%	flat	8q	HELD
ILLUMINA INC	ILMN	$1.1M	6,000	0.05%	flat	8q	HELD
Merck Kgaa Ordf		$1.0M	6,236	0.05%	flat	3q	HELD
BRISTOL-MYERS SQUIBB CO	BMY	$1.0M	17,900	0.05%	flat	8q	HELD
Covivio SA/France		$1.0M	16,818	0.05%	flat	8q	HELD
NEUROCRINE BIOSCIENCES INC	NBIX	$1.0M	6,000	0.05%	flat	2q	HELD
ELEVANCE HEALTH INC FORMERLY	ELV	$1.0M	2,600	0.05%	flat	8q	HELD
WILLIAMS COS INC	WMB	$981.3K	13,200	0.05%	flat	3q	HELD
SOCIETE GENERALE SHS		$972.1K	11,000	0.05%	flat	8q	HELD
COMPANIA DE MINAS BUENAVENTU	BVN	$963.8K	32,906	0.05%	flat	8q	HELD
UniCredit Spa NPV		$962.8K	10,770	0.05%	flat	7q	HELD
BNP Paribas SA		$943.4K	8,086	0.04%	flat	3q	HELD
Gas Natural Sdg		$941.0K	30,000	0.04%	flat	3q	HELD
XYLEM INC	XYL	$939.8K	7,950	0.04%	flat	8q	HELD
BP (BPAQF)		$934.1K	150,820	0.04%	flat	3q	HELD
SOFTBANK GROUP CORP UNSP ADR E	SFTBY	$922.4K	49,011	0.04%	flat	8q	HELD
Bayer AG		$917.6K	16,663	0.04%	flat	3q	HELD
INTUIT	INTU	$908.0K	3,479	0.04%	flat	8q	HELD
HON HAI PRECISIONINDUSTRIES LTD GDR REG SNEW		$901.6K	56,000	0.04%	flat	8q	HELD
GSK PLC ORDF		$895.8K	34,105	0.04%	flat	3q	HELD
WASTE CONNECTIONS INC	WCN	$891.1K	5,346	0.04%	flat	8q	HELD
MODERNA INC	MRNA	$889.4K	12,700	0.04%	flat	8q	HELD
JD.COM INC	JD	$887.9K	34,846	0.04%	flat	8q	HELD
WASTE MGMT INC DEL	WM	$880.2K	3,949	0.04%	flat	8q	HELD
CROWDSTRIKE HLDGS INC	CRWD	$874.6K	1,146	0.04%	flat	4q	-75.0%-$2.6M
BLUE OWL TECHNOLOGY FIN CORP	OTF	$873.9K	84,431	0.04%	flat	5q	HELD
MEDTRONIC PLC	MDT	$868.4K	11,100	0.04%	flat	7q	HELD
National Grid (NGGTF)		$864.1K	52,223	0.04%	flat	3q	HELD
BOSTON SCIENTIFIC CORP	BSX	$853.6K	20,000	0.04%	flat	8q	HELD
BIOMARIN PHARMACEUTICAL INC	BMRN	$824.0K	14,400	0.04%	flat	2q	HELD
GE VERNOVA INC	GEV	$815.4K	694	0.04%	flat	3q	HELD
VIATRIS INC	VTRS	$794.1K	50,008	0.04%	flat	8q	HELD
GOLUB CAP BDC INC	GBDC	$793.7K	61,624	0.04%	flat	7q	HELD
AMERICAN WTR WKS CO INC NEW	AWK	$776.3K	5,900	0.04%	flat	8q	HELD
INTESA SANPAOLO SPA SHS		$775.6K	113,359	0.04%	flat	8q	HELD
CIE GENERALE DES ETABLISSEMENTS MICHELIN SCA		$774.0K	20,077	0.04%	flat	8q	HELD
Infineon (IFNNF)		$765.0K	8,177	0.04%	flat	4q	HELD
Dominion Energy, Inc.	D	$764.8K	11,200	0.04%	flat	8q	HELD
OCCIDENTAL PETE CORP	OXY	$757.7K	15,600	0.04%	flat	8q	HELD
NASPERS LIMITED ADR	NPSNY	$757.0K	76,000	0.04%	flat	8q	HELD
MSCI INC	MSCI	$756.1K	1,350	0.04%	flat	8q	HELD
TRANSDIGM GROUP INC	TDG	$732.6K	550	0.03%	flat	4q	HELD
INDUSTRIAL & COML BK CHINA	IDCBY	$724.5K	44,057	0.03%	flat	8q	HELD
HALLIBURTON CO	HAL	$713.0K	21,000	0.03%	flat	8q	HELD
KLA CORP	KLAC	$709.0K	2,350	0.03%	flat	2q	HELD
HOWMET AEROSPACE INC	HWM	$698.8K	2,599	0.03%	flat	4q	HELD
NOVO-NORDISK A S	NVO	$696.7K	14,533	0.03%	flat	8q	HELD
AMERICA MOVIL SAB DE CV	AMX	$696.3K	26,791	0.03%	flat	8q	HELD
HECLA MINING COMPANY	HL	$695.0K	45,044	0.03%	flat	8q	HELD
TEVA PHARMACEUTICAL INDS LTD	TEVA	$691.2K	20,400	0.03%	flat	8q	HELD
FS KKR CAP CORP	FSK	$678.8K	64,650	0.03%	flat	7q	HELD
APA CORPORATION	APA	$667.7K	20,500	0.03%	flat	8q	HELD
PAN AMERN SILVER CORP	PAAS	$661.9K	14,777	0.03%	flat	8q	HELD
MARKEL GROUP INC	MKL	$634.7K	325	0.03%	flat	8q	HELD
HEICO CORP NEW	HEI	$629.4K	1,767	0.03%	flat	4q	HELD
METTLER TOLEDO INTERNATIONAL	MTD	$587.7K	460	0.03%	flat	5q	HELD
Fresenius SE & Co KGaA		$579.5K	12,700	0.03%	flat	3q	HELD
LINDE PLC	LIN	$575.5K	1,109	0.03%	flat	8q	HELD
DEVON ENERGY CORP NEW	DVN	$574.3K	13,900	0.03%	flat	8q	HELD
Naspers Ltd		$572.8K	11,440	0.03%	flat	3q	HELD
Bank of China Ltd. ADR	BACHY	$555.3K	34,992	0.03%	flat	8q	HELD
HONEYWELL INTL INC	HON	$545.9K	2,351	0.03%	flat	2q	HELD
CLEAN HARBORS INC	CLH	$540.7K	1,810	0.03%	flat	8q	HELD
FRANKLIN ELEC INC	FELE	$539.9K	5,037	0.03%	flat	8q	HELD
COEUR MNG INC	CDE	$539.8K	33,073	0.03%	flat	8q	HELD
ZIMMER BIOMET HOLDINGS INC	ZBH	$525.1K	6,100	0.02%	flat	8q	HELD
HONEYWELL AEROSPACE INC	HONA	$519.8K	2,351	0.02%	flat	2q	HELD
CIE FINANCI-REG		$508.8K	2,204	0.02%	flat	6q	HELD
CHUNGHWA TELECOM CO LTD	CHT	$505.8K	11,429	0.02%	flat	8q	HELD
BECTON DICKINSON CO	BDX	$500.1K	3,305	0.02%	flat	8q	HELD
ROYAL GOLD INC	RGLD	$499.0K	2,500	0.02%	flat	8q	HELD
Tata Motors Ltd /new		$493.7K	110,500	0.02%	flat	3q	HELD
ENDESA SA		$479.4K	10,524	0.02%	flat	8q	HELD
Grupo Financiero Banorte (GBOOY)	GBOOY	$462.1K	8,770	0.02%	flat	8q	HELD
FIRST MAJESTIC SILVER CORP	AG	$461.9K	27,233	0.02%	flat	8q	HELD
BITMINE IMMERSION TECHS INC	BMNR	$452.5K	34,000	0.02%	flat	5q	HELD
ALAMOS GOLD INC	AGI	$450.1K	14,836	0.02%	flat	8q	HELD
AXIS BANK-GDR		$449.2K	6,344	0.02%	flat	8q	HELD
APPLOVIN CORP	APP	$437.9K	850	0.02%	flat	5q	HELD
BYD Co ADR	BYDDY	$433.2K	46,730	0.02%	flat	8q	HELD
LG DISPLAY CO LTD	LPL	$427.9K	110,000	0.02%	flat	8q	HELD
MEITUAN DIANPING-UNSP ADR	MPNGY	$426.2K	24,066	0.02%	flat	8q	HELD
FirstRand Ltd		$422.4K	71,172	0.02%	flat	3q	HELD
KOREA ELEC PWR CORP	KEP	$413.8K	34,200	0.02%	flat	8q	HELD
Tata Motors Passenger Vehicles		$411.1K	110,500	0.02%	flat	3q	HELD
Fresenius Medical Care AG & Co. KGaA		$410.6K	9,100	0.02%	flat	7q	HELD
MOTOROLA SOLUTIONS INC	MSI	$410.3K	988	0.02%	flat	7q	HELD
American Int'l Group, Inc.	AIG	$409.9K	5,500	0.02%	flat	8q	HELD
ASE TECHNOLOGY HLDG CO LTD	ASX	$406.1K	9,000	0.02%	flat	2q	HELD
FEDEX FGHT HLDG CO INC	FDXF	$398.6K	2,640	0.02%	flat	2q	HELD
KT CORP	KT	$397.4K	23,000	0.02%	flat	8q	HELD
HUMANA INC	HUM	$397.2K	1,000	0.02%	flat	4q	HELD
CENCORA INC	COR	$390.8K	1,381	0.02%	flat	7q	HELD
Banco Bradesco SA	BBD	$383.3K	110,463	0.02%	flat	8q	HELD
AMBEV SA	ABEV	$379.4K	120,818	0.02%	flat	8q	HELD
Nokia Oyj		$373.8K	28,324	0.02%	flat	2q	HELD
VALE S A	VALE	$370.0K	24,600	0.02%	flat	8q	HELD
KINGSPAN GROUP PLC ORD		$365.3K	4,000	0.02%	flat	8q	HELD
SIXTH STREET SPECIALTY LENDI	TSLX	$364.6K	21,235	0.02%	flat	7q	HELD
LENNAR CORP	LEN	$362.0K	4,000	0.02%	flat	3q	HELD
FORD MTR CO	F	$361.4K	26,000	0.02%	flat	8q	HELD
HARMONY GOLD MNG LTD	HMY	$358.2K	23,550	0.02%	flat	8q	HELD
PLUG PWR INC	PLUG	$354.5K	130,805	0.02%	flat	8q	HELD
DIAMONDBACK ENERGY INC	FANG	$351.6K	2,000	0.02%	flat	3q	HELD
PENTAIR PLC	PNR	$348.0K	4,540	0.02%	flat	7q	HELD
KRATOS DEFENSE & SEC SOLUTIO	KTOS	$337.8K	6,774	0.02%	flat	4q	HELD
Eurobank SA		$333.0K	70,000	0.02%	flat	2q	HELD
IAMGOLD CORP	IAG	$316.8K	20,000	0.02%	flat	8q	HELD
MORGAN STANLEY DIRECT LENDIN	MSDL	$313.3K	20,722	0.01%	flat	7q	HELD
TRIP COM GROUP LTD	TCOM	$313.3K	7,863	0.01%	flat	8q	HELD
Gold Fields Ltd		$311.4K	9,263	0.01%	flat	3q	HELD
APTIV PLC	APTV	$307.4K	5,008	0.01%	flat	8q	HELD
CAPITAL SOUTHWEST CORP	CSWC	$303.3K	12,758	0.01%	flat	7q	HELD
KEYSIGHT TECHNOLOGIES INC	KEYS	$299.0K	854	0.01%	flat	8q	HELD
BIONTECH SE	BNTX	$297.8K	3,200	0.01%	flat	8q	HELD
BP PLC	BP	$295.6K	8,000	0.01%	flat	6q	HELD
China Merchants Bank Co (CIHKY)	CIHKY	$294.1K	10,329	0.01%	flat	8q	HELD
ORMAT TECHNOLOGIES INC	ORA	$292.9K	2,690	0.01%	flat	8q	HELD

Showing the largest 400 of 462 positions.

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Semiconductors & Electronics	$160.2M	7.6%
Software & IT Services	$97.9M	4.6%
Business Services	$78.1M	3.7%
Biotech & Pharma	$78.1M	3.7%
Computer Hardware	$71.2M	3.4%
Funds & ETFs	$70.3M	3.3%
Banks & Lending	$68.2M	3.2%
Retail & Consumer	$57.6M	2.7%
Energy	$45.0M	2.1%
Real Estate	$40.8M	1.9%
Mining & Metals	$33.8M	1.6%
Food, Drink & Tobacco	$31.9M	1.5%
Other sectors	$185.3M	8.8%
Not classified	$1.1B	51.7%

What the disclosed book did

This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.

Quarter	Book	Market	Difference	Priced
Q1 2026	-2.6%	-4.6%	+2.1%	77%
Q4 2025	+2.7%	+2.4%	+0.3%	79%
Q3 2025	+7.5%	+7.8%	-0.3%	79%
Q2 2025	+8.7%	+10.5%	-1.7%	79%
Q1 2025	+0.2%	-4.6%	+4.8%	83%

Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q3 2026	$2.1B	462	0	0	3	0	20.6%	15
Q2 2026	$2.1B	462	20	80	158	7	20.6%	13
Q1 2026	$1.9B	449	66	90	107	10	20.8%	15
Q4 2025	$1.4B	393	25	124	76	10	19.1%	14
Q3 2025	$1.3B	378	15	72	122	17	19.8%	14
Q2 2025	$1.2B	380	9	101	32	9	20.1%	18
Q1 2025	$1.1B	380	45	63	88	15	19.5%	29
Q4 2024	$970.1M	350	0	0	0	0	21.4%	38

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.