DJE Kapital AG
Long book
$4.51B
Q1 2026
Positions
113
Top-10 weight
45%
concentration
Last quarter
+6.2%
SPY +14.8%
Turnover
47%
of book per quarter
Strategy in plain words
auto-generated from filingsDJE Kapital AG is a diversified fundamental manager, running a $4.51B US long book across 113 positions.
The portfolio is moderately concentrated (top 10 ≈ 45% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: TOTALENERGIES SE, CHEVRON CORP, NVIDIA CORP, ELI LILLY & CO, JOHNSON & JOHNSON.
Over the last 6 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 4 of 6 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-2.8%
Q1 2025
+12.3%
Q2 2025
+9.9%
Q3 2025
+1.0%
Q4 2025
-1.9%
Q1 2026
+6.2%
Sector allocation
Technology 23%
Healthcare 14%
Energy 14%
Materials 11%
Consumer discretionary 9%
Industrials 8%
Other 6%
Utilities 5%
Long book by quarter
What does DJE Kapital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TTE TOTALENERGIES SE | Energy | 3.1M | $282.5M | 6.3% | +91.1% |
| CVX CHEVRON CORP | Energy | 1.3M | $269.8M | 6.0% | New |
| NVDA NVIDIA CORP | Technology | 1.5M | $261.7M | 5.8% | +124.9% |
| LLY ELI LILLY & CO | Healthcare | 257.9K | $234.5M | 5.2% | New |
| JNJ JOHNSON & JOHNSON | Healthcare | 751.4K | $182.7M | 4.0% | -9.1% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 3.3M | $166.9M | 3.7% | +99.4% |
| NEE NEXTERA ENERGY INC | Utilities | 1.8M | $165.3M | 3.7% | +285.7% |
| LIN LINDE PLC | Materials | 318.4K | $157.8M | 3.5% | New |
| MRK MERCK & CO. INC. | Healthcare | 1.3M | $156.7M | 3.5% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 725.9K | $149.7M | 3.3% | -27.4% |
| TJX TJX COMPANIES INC | Consumer discretionary | 924.2K | $145.8M | 3.2% | -9.1% |
| NTR NUTRIEN LTD | Other | 1.5M | $116.1M | 2.6% | +1373.6% |
| GOOG ALPHABET INC-CL C | Technology | 399.5K | $111.7M | 2.5% | -28.1% |
| NEM NEWMONT CORP | Materials | 963.0K | $102.5M | 2.3% | -37.8% |
| AEM AGNICO EAGLE MINES LTD | Materials | 503.1K | $99.5M | 2.2% | -4.1% |
| LRCX LAM RESEARCH CORP | Industrials | 440.0K | $91.8M | 2.0% | New |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 66.4K | $85.2M | 1.9% | -44.4% |
| JPM JPMORGAN CHASE & CO | Financials | 268.0K | $77.8M | 1.7% | -29.5% |
| AAPL APPLE INC | Technology | 307.8K | $76.6M | 1.7% | -41.0% |
| MSFT MICROSOFT CORP | Technology | 173.6K | $63.8M | 1.4% | -43.3% |
| AMRZ AMRIZE LTD | Industrials | 1.1M | $60.2M | 1.3% | +45.9% |
| CL COLGATE-PALMOLIVE CO | Other | 616.3K | $52.3M | 1.2% | +821.6% |
| INTU INTUIT INC | Technology | 120.4K | $51.3M | 1.1% | +287.6% |
| CSCO CISCO SYSTEMS INC | Technology | 655.5K | $50.6M | 1.1% | +267444.9% |
| AMAT APPLIED MATERIALS INC | Technology | 134.0K | $44.4M | 1.0% | +114.5% |
| PWR QUANTA SERVICES INC | Industrials | 81.1K | $43.7M | 1.0% | +11.7% |
| META META PLATFORMS INC-CLASS A | Technology | 64.7K | $36.1M | 0.8% | -71.3% |
| CRM SALESFORCE INC | Technology | 181.7K | $33.6M | 0.7% | New |
| CDNS CADENCE DESIGN SYS INC | Technology | 120.5K | $32.9M | 0.7% | +240996.0% |
| HSY HERSHEY CO/THE | Consumer staples | 150.6K | $32.2M | 0.7% | New |
| PANW PALO ALTO NETWORKS INC | Technology | 203.8K | $31.9M | 0.7% | -56.2% |
| GOOGL ALPHABET INC-CL A | Technology | 112.5K | $31.3M | 0.7% | -55.4% |
| AVGO BROADCOM INC | Technology | 102.0K | $30.2M | 0.7% | New |
| WAB WABTEC CORP | Industrials | 116.8K | $28.6M | 0.6% | +0.6% |
| ROK ROCKWELL AUTOMATION INC | Other | 73.1K | $26.1M | 0.6% | New |
| VRT VERTIV HOLDINGS CO-A | Technology | 108.1K | $26.0M | 0.6% | +244.7% |
| GILD GILEAD SCIENCES INC | Healthcare | 163.5K | $22.6M | 0.5% | -32.4% |
| CCJ CAMECO CORP | Materials | 198.7K | $21.0M | 0.5% | New |
| ADM ARCHER-DANIELS-MIDLAND CO | Consumer staples | 274.3K | $20.0M | 0.4% | New |
| LNG CHENIERE ENERGY INC | Utilities | 67.4K | $19.8M | 0.4% | +2215.5% |
| NKE NIKE INC -CL B | Other | 357.9K | $18.7M | 0.4% | -39.8% |
| TSLA TESLA INC | Industrials | 50.4K | $18.2M | 0.4% | +11.7% |
| MA MASTERCARD INC - A | Services media | 36.4K | $18.1M | 0.4% | -70.8% |
| WMT WALMART INC | Consumer discretionary | 140.2K | $17.5M | 0.4% | -4.4% |
| DE DEERE & CO | Industrials | 31.1K | $17.3M | 0.4% | +4344.4% |
| FAST FASTENAL CO | Consumer discretionary | 355.3K | $16.2M | 0.4% | +3.9% |
| TRV TRAVELERS COS INC/THE | Financials | 54.8K | $16.0M | 0.4% | New |
| PEP PEPSICO INC | Consumer staples | 96.8K | $15.2M | 0.3% | +140.1% |
| MS MORGAN STANLEY | Financials | 93.4K | $15.1M | 0.3% | -81.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 29.7K | $14.2M | 0.3% | -55.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 113 | $4.51B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 108 | $3.62B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 30, 2025 | 105 | $4.12B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 7, 2025 | 105 | $4.12B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 111 | $3.38B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 6, 2025 | 129 | $4.27B | canonical | SEC ↗ |
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