Altshuler Shaham Ltd
Long book
$5.47B
Q1 2026
Positions
401
Top-10 weight
49%
concentration
Last quarter
+15.3%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsAltshuler Shaham Ltd is an institutional manager, running a $5.47B US long book across 401 positions.
The portfolio is moderately concentrated (top 10 ≈ 49% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: TAIWAN SEMICONDUCTOR-SP ADR, ELBIT SYSTEMS LTD, TEVA PHARMACEUTICAL-SP ADR, ENLIGHT RENEWABLE ENERGY LTD, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 1.4pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.5%
Q2 2024
+1.7%
Q3 2024
+5.3%
Q4 2024
-4.5%
Q1 2025
+21.1%
Q2 2025
+11.2%
Q3 2025
+4.1%
Q4 2025
-3.8%
Q1 2026
+15.3%
Sector allocation
Technology 37%
Industrials 14%
Utilities 12%
Services media 9%
Other 8%
Consumer discretionary 6%
Financials 6%
Energy 5%
Long book by quarter
What does Altshuler Shaham own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ESLT ELBIT SYSTEMS LTD | Industrials | 456.1K | $380.0M | 6.9% | -10.9% |
| ENLT ENLIGHT RENEWABLE ENERGY LTD | Utilities | 4.7M | $311.6M | 5.7% | +705.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.2M | $245.4M | 4.5% | -49.5% |
| GOOGL ALPHABET INC-CL A | Technology | 717.8K | $206.4M | 3.8% | -47.2% |
| ORCL ORACLE CORP | Technology | 1.3M | $194.8M | 3.6% | +0.5% |
| UBER UBER TECHNOLOGIES INC | Services media | 2.5M | $179.1M | 3.3% | 0.0% |
| EXE EXPAND ENERGY CORP | Energy | 1.5M | $162.4M | 3.0% | -13.9% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 1.0M | $158.4M | 2.9% | +1.9% |
| AAPL APPLE INC | Technology | 591.7K | $150.2M | 2.7% | +165.2% |
| AVGO BROADCOM INC | Technology | 434.5K | $134.5M | 2.5% | +244.3% |
| PANW PALO ALTO NETWORKS INC | Technology | 758.8K | $121.6M | 2.2% | +28276.3% |
| CRH CRH PLC | Industrials | 1.1M | $119.3M | 2.2% | -10.5% |
| ICL ICL GROUP LTD | Other | 22.3M | $114.0M | 2.1% | -15.5% |
| NVDA NVIDIA CORP | Technology | 637.2K | $111.1M | 2.0% | +13383.6% |
| NEE NEXTERA ENERGY INC | Utilities | 1.2M | $108.9M | 2.0% | +21.1% |
| LYFT LYFT INC-A | Services media | 7.7M | $101.9M | 1.9% | +51.6% |
| QCOM QUALCOMM INC | Technology | 747.2K | $96.2M | 1.8% | +227.1% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 393.0K | $95.3M | 1.7% | -28.4% |
| ALB ALBEMARLE CORP | Materials | 528.1K | $94.8M | 1.7% | New |
| CSCO CISCO SYSTEMS INC | Technology | 1.2M | $89.4M | 1.6% | -66.3% |
| NFLX NETFLIX INC | Services media | 895.1K | $86.1M | 1.6% | +109.3% |
| TRMB TRIMBLE INC | Other | 1.1M | $74.0M | 1.4% | -10.0% |
| ZM ZOOM COMMUNICATIONS INC | Technology | 910.7K | $73.2M | 1.3% | -55.4% |
| ADI ANALOG DEVICES INC | Technology | 215.0K | $68.4M | 1.3% | -47.0% |
| CPW CHECK POINT SOFTWARE TECH | — | 470.8K | $67.3M | 1.2% | -16.3% |
| TSEM TOWER SEMICONDUCTOR LTD | Technology | 340.1K | $58.0M | 1.1% | +1176.4% |
| APP APPLOVIN CORP-CLASS A | Technology | 127.8K | $50.9M | 0.9% | +11487.5% |
| DKL DELEK LOGISTICS PARTNERS LP | Energy | 144.2K | $48.3M | 0.9% | +498.2% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 95.0K | $43.8M | 0.8% | New |
| SHOP SHOPIFY INC - CLASS A | Technology | 366.3K | $43.5M | 0.8% | -3.0% |
| LGIH LGI HOMES INC | Industrials | 1.1M | $43.0M | 0.8% | +5.4% |
| ALAB ASTERA LABS INC | Technology | 366.3K | $39.4M | 0.7% | New |
| HOOD ROBINHOOD MARKETS INC - A | Financials | 524.6K | $36.4M | 0.7% | +5.9% |
| ARCC ARES CAPITAL CORP | — | 1.6M | $29.7M | 0.5% | Held |
| ORA ORMAT TECHNOLOGIES INC | Utilities | 254.6K | $28.3M | 0.5% | +5810.5% |
| TW TRADEWEB MARKETS INC-CLASS A | Financials | 205.0K | $24.1M | 0.4% | Held |
| BXSL BLACKSTONE SECURED LENDING F | — | 750.0K | $17.8M | 0.3% | Held |
| KEN KENON HOLDINGS LTD | Utilities | 189.2K | $15.5M | 0.3% | +4.9% |
| ETOR ETORO GROUP LTD-A | Financials | 350.7K | $10.5M | 0.2% | +1.5% |
| NVMI NOVA LTD | Other | 21.4K | $9.2M | 0.2% | +87.7% |
| MSDL MORGAN STANLEY DIRECT LENDIN | — | 650.4K | $9.1M | 0.2% | Held |
| GEV GE VERNOVA INC | Industrials | 10.1K | $8.8M | 0.2% | +10.4% |
| PFLT PENNANTPARK FLOATING RATE CA | — | 1.0M | $8.3M | 0.2% | -22.0% |
| FCX FREEPORT-MCMORAN INC | Materials | 118.0K | $6.9M | 0.1% | -92.5% |
| GILT GILAT SATELLITE NETWORKS LTD | Technology | 452.2K | $6.7M | 0.1% | -4.8% |
| ODD ODDITY TECH LTD-CL A | Other | 492.2K | $6.6M | 0.1% | -1.7% |
| TSLX SIXTH STREET SPECIALTY LENDI | — | 301.5K | $5.5M | 0.1% | Held |
| PWR QUANTA SERVICES INC | Industrials | 9.3K | $5.1M | 0.1% | -5.8% |
| MSFT MICROSOFT CORP | Technology | 11.1K | $4.1M | 0.1% | -98.4% |
| SN SHARKNINJA INC | Industrials | 37.6K | $4.0M | 0.1% | -9.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 18, 2026 | 527 | $5.54B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 488 | $6.58B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 419 | $6.05B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 351 | $3.15B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 338 | $4.13B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 409 | $2.95B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 347 | $1.66B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 343 | $2.94B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 344 | $2.53B | canonical | SEC ↗ |
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