Erste Asset Management GmbH
Long book
$10.79B
Q1 2026
Positions
834
Top-10 weight
27%
concentration
Last quarter
+15.9%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsErste Asset Management GmbH is an institutional manager, running a $10.79B US long book across 834 positions.
The portfolio is moderately concentrated (top 10 ≈ 27% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, ALPHABET INC-CL A, ISHARES GOLD TRUST.
Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 4 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
+2.6%
Q2 2024
+4.0%
Q3 2024
-0.4%
Q4 2024
-4.5%
Q1 2025
+11.2%
Q2 2025
+8.8%
Q3 2025
+2.7%
Q4 2025
-4.2%
Q1 2026
+15.9%
Sector allocation
Technology 41%
Healthcare 13%
Industrials 10%
Financials 8%
Consumer discretionary 8%
Other 6%
Services media 6%
Consumer staples 3%
Long book by quarter
What does Erste Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 3.1M | $524.3M | 4.9% | +3.4% |
| AAPL APPLE INC | Technology | 1.9M | $463.3M | 4.3% | +6.0% |
| MSFT MICROSOFT CORP | Technology | 1.1M | $392.3M | 3.6% | +1.3% |
| GOOGL ALPHABET INC-CL A | Technology | 1.3M | $365.0M | 3.4% | -6.9% |
| AVGO BROADCOM INC | Technology | 657.0K | $193.2M | 1.8% | -4.9% |
| META META PLATFORMS INC-CLASS A | Technology | 340.8K | $185.6M | 1.7% | +2.2% |
| LRCX LAM RESEARCH CORP | Industrials | 870.7K | $179.8M | 1.7% | -25.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 855.2K | $174.2M | 1.6% | -22.7% |
| TJX TJX COMPANIES INC | Consumer discretionary | 1.1M | $167.5M | 1.6% | +17.3% |
| V VISA INC-CLASS A SHARES | Services media | 547.2K | $164.3M | 1.5% | -3.5% |
| NFLX NETFLIX INC | Services media | 1.4M | $135.7M | 1.3% | -6.4% |
| GOOG ALPHABET INC-CL C | Technology | 496.3K | $135.6M | 1.3% | +7.9% |
| KLAC KLA CORP | Other | 92.6K | $132.1M | 1.2% | -13.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 508.7K | $123.5M | 1.1% | +38.1% |
| CSCO CISCO SYSTEMS INC | Technology | 1.6M | $121.1M | 1.1% | +8.3% |
| PGR PROGRESSIVE CORP | Financials | 549.7K | $110.6M | 1.0% | -37.0% |
| ADBE ADOBE INC | Technology | 457.1K | $110.6M | 1.0% | +34.8% |
| JPM JPMORGAN CHASE & CO | Financials | 358.9K | $101.6M | 0.9% | -8.7% |
| SPGI S&P GLOBAL INC | Services media | 216.5K | $90.8M | 0.8% | -18.2% |
| LLY ELI LILLY & CO | Healthcare | 100.9K | $89.2M | 0.8% | +25.1% |
| INTU INTUIT INC | Technology | 203.7K | $87.5M | 0.8% | +19.8% |
| AMAT APPLIED MATERIALS INC | Technology | 266.4K | $87.0M | 0.8% | +32.7% |
| TPR TAPESTRY INC | Other | 621.4K | $85.1M | 0.8% | -37.4% |
| ADSK AUTODESK INC | Technology | 358.3K | $84.7M | 0.8% | -9.9% |
| CTAS CINTAS CORP | Other | 496.4K | $83.6M | 0.8% | +5.6% |
| MDGL MADRIGAL PHARMACEUTICALS INC | Healthcare | 160.2K | $81.0M | 0.8% | +13.5% |
| AGIO AGIOS PHARMACEUTICALS INC | Healthcare | 2.7M | $80.1M | 0.7% | -3.6% |
| HASI HA SUSTAINABLE INFRASTRUCTUR | Financials | 2.2M | $79.0M | 0.7% | -2.4% |
| LKQ LKQ CORP | Consumer discretionary | 2.7M | $78.1M | 0.7% | +41.4% |
| AMD ADVANCED MICRO DEVICES | Technology | 383.3K | $76.5M | 0.7% | +10.7% |
| NXT NEXTPOWER INC-CL A | Technology | 672.6K | $76.0M | 0.7% | -6.5% |
| GILD GILEAD SCIENCES INC | Healthcare | 547.8K | $74.8M | 0.7% | +15.5% |
| GH GUARDANT HEALTH INC | Healthcare | 815.9K | $70.3M | 0.7% | -22.0% |
| BKNG BOOKING HOLDINGS INC | Industrials | 15.5K | $63.7M | 0.6% | -46.2% |
| ABBV ABBVIE INC | Healthcare | 296.6K | $63.2M | 0.6% | +8.4% |
| MU MICRON TECHNOLOGY INC | Technology | 195.7K | $63.0M | 0.6% | -5.1% |
| SRPT SAREPTA THERAPEUTICS INC | Healthcare | 3.0M | $61.3M | 0.6% | +8.8% |
| PEP PEPSICO INC | Consumer staples | 383.3K | $60.3M | 0.6% | +51.2% |
| BKR BAKER HUGHES CO | Industrials | 989.3K | $60.0M | 0.6% | +2367.1% |
| ORCL ORACLE CORP | Technology | 410.9K | $59.1M | 0.5% | +26.9% |
| GEV GE VERNOVA INC | Industrials | 71.8K | $58.7M | 0.5% | +65.7% |
| WAB WABTEC CORP | Industrials | 239.9K | $57.2M | 0.5% | +18.0% |
| AMGN AMGEN INC | Healthcare | 159.9K | $55.8M | 0.5% | +2.0% |
| ABT ABBOTT LABORATORIES | Healthcare | 541.3K | $55.3M | 0.5% | -64.2% |
| ANET ARISTA NETWORKS INC | Technology | 466.0K | $54.2M | 0.5% | +338.0% |
| PG PROCTER & GAMBLE CO/THE | Other | 363.6K | $52.6M | 0.5% | +25.9% |
| KO COCA-COLA CO/THE | Consumer staples | 669.7K | $51.0M | 0.5% | +24.8% |
| ON ON SEMICONDUCTOR | Technology | 889.2K | $49.6M | 0.5% | +620.5% |
| MA MASTERCARD INC - A | Services media | 100.6K | $49.5M | 0.5% | -27.2% |
| DAR DARLING INGREDIENTS INC | Consumer staples | 822.7K | $49.5M | 0.5% | +11.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 993 | $10.79B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 980 | $11.90B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 932 | $10.35B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 955 | $11.89B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 894 | $7.79B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 861 | $8.15B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 866 | $8.35B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Nov 26, 2024 | 874 | $7.55B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Nov 26, 2024 | 873 | $7.34B | canonical | SEC ↗ |
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