Allianz SE
Long book
$9.02B
Q1 2026
Positions
473
Top-10 weight
61%
concentration
Last quarter
+6.9%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsAllianz SE is a wealth-management firm allocating client money, running a $9.02B US long book across 473 positions.
The portfolio is concentrated: the top 10 names carry 61% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: JANUS HENDERSON AAA CLO ETF, ISHARES CORE S&P 500 ETF, ISHR IBX USD INVGD CB ETF-UI, PGIM AAA CLO ETF, NEWMONT CORP.
Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 6 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.7%
Q2 2024
+6.1%
Q3 2024
+1.2%
Q4 2024
-3.3%
Q1 2025
+11.2%
Q2 2025
+9.9%
Q3 2025
+4.9%
Q4 2025
-2.6%
Q1 2026
+6.9%
Sector allocation
Technology 32%
Materials 14%
Financials 13%
Healthcare 9%
Industrials 7%
Consumer discretionary 7%
Services media 5%
Consumer staples 4%
Long book by quarter
What does Allianz SE own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NEM NEWMONT CORP | Materials | 1.8M | $191.2M | 2.1% | -0.2% |
| NVDA NVIDIA CORP | Technology | 855.0K | $149.1M | 1.7% | -5.2% |
| AAPL APPLE INC | Technology | 566.3K | $143.7M | 1.6% | -7.1% |
| MSFT MICROSOFT CORP | Technology | 369.1K | $136.6M | 1.5% | +14.0% |
| GOOGL ALPHABET INC-CL A | Technology | 457.4K | $131.5M | 1.5% | +1.8% |
| B BARRICK MINING CORP | Materials | 3.2M | $131.4M | 1.5% | +0.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 518.2K | $107.9M | 1.2% | -2.0% |
| ALTI ALTI GLOBAL INC | Financials | 21.7M | $78.6M | 0.9% | +4.2% |
| PFE PFIZER INC | Healthcare | 2.7M | $74.7M | 0.8% | +7.0% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 379.6K | $62.8M | 0.7% | 0.0% |
| GOOG ALPHABET INC-CL C | Technology | 208.3K | $59.8M | 0.7% | -7.8% |
| JPM JPMORGAN CHASE & CO | Financials | 184.0K | $54.1M | 0.6% | -10.0% |
| META META PLATFORMS INC-CLASS A | Technology | 88.7K | $50.7M | 0.6% | +1.6% |
| AVGO BROADCOM INC | Technology | 152.4K | $47.2M | 0.5% | -10.9% |
| AXP AMERICAN EXPRESS CO | Financials | 133.7K | $40.4M | 0.4% | +2.6% |
| LIN LINDE PLC | Materials | 80.9K | $40.1M | 0.4% | -13.3% |
| TSLA TESLA INC | Industrials | 82.0K | $30.5M | 0.3% | -24.0% |
| MA MASTERCARD INC - A | Services media | 56.3K | $28.1M | 0.3% | -13.5% |
| V VISA INC-CLASS A SHARES | Services media | 92.3K | $27.9M | 0.3% | -19.7% |
| LLY ELI LILLY & CO | Healthcare | 29.6K | $27.2M | 0.3% | -29.4% |
| CAT CATERPILLAR INC | Industrials | 36.8K | $26.1M | 0.3% | -23.0% |
| TTE TOTALENERGIES SE | Energy | 266.7K | $24.9M | 0.3% | +6.5% |
| FDX FEDEX CORP | Industrials | 68.2K | $24.3M | 0.3% | +4.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 98.6K | $24.1M | 0.3% | -27.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 47.3K | $22.7M | 0.3% | -30.4% |
| NKE NIKE INC -CL B | Other | 396.4K | $20.9M | 0.2% | Held |
| GS GOLDMAN SACHS GROUP INC | Financials | 24.7K | $20.9M | 0.2% | +16.2% |
| NFLX NETFLIX INC | Services media | 214.7K | $20.6M | 0.2% | +8.8% |
| MCD MCDONALD'S CORP | Consumer discretionary | 63.3K | $19.7M | 0.2% | -0.5% |
| DIS WALT DISNEY CO/THE | Services media | 197.0K | $19.0M | 0.2% | +4.0% |
| CSCO CISCO SYSTEMS INC | Technology | 239.7K | $18.6M | 0.2% | -2.3% |
| UNH UNITEDHEALTH GROUP INC | Financials | 66.7K | $18.1M | 0.2% | -14.7% |
| AMD ADVANCED MICRO DEVICES | Technology | 85.4K | $17.4M | 0.2% | -10.2% |
| AEM AGNICO EAGLE MINES LTD | Materials | 82.0K | $16.6M | 0.2% | +1.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 16.6K | $16.6M | 0.2% | -24.1% |
| ABBV ABBVIE INC | Healthcare | 74.9K | $16.3M | 0.2% | -23.0% |
| SLB SLB LTD | Energy | 313.5K | $16.1M | 0.2% | +56.8% |
| WMT WALMART INC | Consumer discretionary | 128.4K | $16.0M | 0.2% | -32.5% |
| C CITIGROUP INC | Financials | 139.2K | $15.8M | 0.2% | Held |
| ENB ENBRIDGE INC | Energy | 292.3K | $15.8M | 0.2% | +5.5% |
| AMGN AMGEN INC | Healthcare | 44.0K | $15.5M | 0.2% | +3.3% |
| ORCL ORACLE CORP | Technology | 104.4K | $15.4M | 0.2% | +0.2% |
| MS MORGAN STANLEY | Financials | 88.9K | $14.6M | 0.2% | Held |
| SPGI S&P GLOBAL INC | Services media | 33.8K | $14.4M | 0.2% | +101.7% |
| CRM SALESFORCE INC | Technology | 72.9K | $13.6M | 0.2% | +41.2% |
| SRE SEMPRA | Utilities | 139.1K | $13.5M | 0.1% | +14.8% |
| HD HOME DEPOT INC | Consumer discretionary | 41.0K | $13.5M | 0.1% | -0.7% |
| BLK BLACKROCK INC | Financials | 13.9K | $13.4M | 0.1% | +25.7% |
| WFC WELLS FARGO & CO | Financials | 167.8K | $13.4M | 0.1% | -18.9% |
| PEP PEPSICO INC | Consumer staples | 84.6K | $13.1M | 0.1% | +12.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 797 | $9.02B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 690 | $7.77B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 629 | $4.71B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 626 | $4.23B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 681 | $3.75B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 700 | $3.84B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | May 12, 2025 | 577 | $3.70B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | May 12, 2025 | 662 | $3.40B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 12, 2025 | 662 | $3.18B | canonical | SEC ↗ |