Leonteq Securities AG
Long book
$1.65B
Q1 2026
Positions
1194
Top-10 weight
32%
concentration
Last quarter
+24.3%
SPY +14.8%
Turnover
21%
of book per quarter
Strategy in plain words
auto-generated from filingsLeonteq Securities AG is a mechanically diversified allocator, running a $1.65B US long book across 1194 positions.
The portfolio is moderately concentrated (top 10 ≈ 32% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: META PLATFORMS INC-CLASS A, AMAZON.COM INC, NVIDIA CORP, MICROSOFT CORP, ADVANCED MICRO DEVICES.
Over the last 9 quarters its long book ran on average 2pp per quarter ahead of the S&P 500, beating the index in 5 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
+0.4%
Q2 2024
+7.9%
Q3 2024
+2.1%
Q4 2024
-4.7%
Q1 2025
+18.3%
Q2 2025
+10.7%
Q3 2025
+4.7%
Q4 2025
-5.8%
Q1 2026
+24.3%
Sector allocation
Technology 47%
Financials 11%
Industrials 10%
Consumer discretionary 7%
Materials 6%
Healthcare 6%
Services media 4%
Consumer staples 3%
Long book by quarter
What does Leonteq Securities own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| META META PLATFORMS INC-CLASS A | Technology | 140.4K | $80.3M | 4.9% | -26.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 297.6K | $62.0M | 3.7% | -40.2% |
| NVDA NVIDIA CORP | Technology | 342.6K | $59.8M | 3.6% | -5.3% |
| MSFT MICROSOFT CORP | Technology | 144.3K | $53.4M | 3.2% | +197.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 246.7K | $50.2M | 3.0% | +8.3% |
| AAPL APPLE INC | Technology | 197.4K | $50.1M | 3.0% | -25.9% |
| MU MICRON TECHNOLOGY INC | Technology | 134.2K | $45.3M | 2.7% | -14.0% |
| GOOGL ALPHABET INC-CL A | Technology | 152.6K | $43.9M | 2.7% | -66.2% |
| AVGO BROADCOM INC | Technology | 120.7K | $37.4M | 2.3% | -14.0% |
| ORCL ORACLE CORP | Technology | 176.2K | $25.9M | 1.6% | +350.7% |
| COIN COINBASE GLOBAL INC -CLASS A | Financials | 123.6K | $21.6M | 1.3% | +44.3% |
| ADBE ADOBE INC | Technology | 84.9K | $20.6M | 1.2% | +81.4% |
| INTC INTEL CORP | Technology | 459.5K | $20.3M | 1.2% | +107.5% |
| UNH UNITEDHEALTH GROUP INC | Financials | 71.0K | $19.2M | 1.2% | +48.1% |
| TSLA TESLA INC | Industrials | 47.1K | $17.5M | 1.1% | -15.0% |
| FCX FREEPORT-MCMORAN INC | Materials | 277.4K | $16.3M | 1.0% | +38.2% |
| MRNA MODERNA INC | Healthcare | 302.4K | $15.4M | 0.9% | -9.9% |
| BE BLOOM ENERGY CORP- A | Industrials | 111.7K | $15.1M | 0.9% | +396.3% |
| GM GENERAL MOTORS CO | Industrials | 201.7K | $15.0M | 0.9% | -7.6% |
| MRK MERCK & CO. INC. | Healthcare | 120.6K | $14.5M | 0.9% | -13.2% |
| C CITIGROUP INC | Financials | 127.1K | $14.4M | 0.9% | -56.6% |
| NOW SERVICENOW INC | Technology | 134.8K | $14.1M | 0.9% | New |
| KKR KKR & CO INC | Financials | 142.7K | $13.2M | 0.8% | +352.6% |
| CRWV COREWEAVE INC-CL A | Technology | 169.6K | $13.1M | 0.8% | +267.0% |
| MKC MCCORMICK & CO-NON VTG SHRS | Consumer staples | 252.8K | $12.8M | 0.8% | +1678.8% |
| MSTR STRATEGY INC | Financials | 99.0K | $12.4M | 0.7% | +63.1% |
| NFLX NETFLIX INC | Services media | 125.8K | $12.1M | 0.7% | +4.0% |
| SLB SLB LTD | Energy | 222.1K | $11.4M | 0.7% | +115.8% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 76.5K | $11.2M | 0.7% | +16.2% |
| NEM NEWMONT CORP | Materials | 99.2K | $10.7M | 0.6% | +9.8% |
| B BARRICK MINING CORP | Materials | 248.5K | $10.3M | 0.6% | -4.6% |
| KHC KRAFT HEINZ CO/THE | Consumer staples | 442.6K | $10.0M | 0.6% | +91.1% |
| PAAS PAN AMERICAN SILVER CORP | Materials | 175.5K | $9.8M | 0.6% | +385.2% |
| EL ESTEE LAUDER COMPANIES-CL A | Other | 135.7K | $9.7M | 0.6% | +64.6% |
| SNOW SNOWFLAKE INC | Technology | 64.0K | $9.7M | 0.6% | +279.1% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 24.7K | $9.7M | 0.6% | +20.3% |
| BA BOEING CO/THE | Industrials | 46.5K | $9.2M | 0.6% | +244.6% |
| BAC BANK OF AMERICA CORP | Financials | 182.0K | $8.9M | 0.5% | -9.0% |
| PYPL PAYPAL HOLDINGS INC | Services media | 192.9K | $8.7M | 0.5% | +196.3% |
| GE GENERAL ELECTRIC | Industrials | 27.1K | $7.7M | 0.5% | +177.6% |
| MELI MERCADOLIBRE INC | Services media | 4.3K | $7.4M | 0.4% | +269.3% |
| ALB ALBEMARLE CORP | Materials | 39.6K | $7.1M | 0.4% | +8.4% |
| QCOM QUALCOMM INC | Technology | 55.1K | $7.1M | 0.4% | +67.6% |
| AAL AMERICAN AIRLINES GROUP INC | Industrials | 652.3K | $7.0M | 0.4% | +20.5% |
| SMCI SUPER MICRO COMPUTER INC | Technology | 302.3K | $6.9M | 0.4% | +28.3% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 112.7K | $6.8M | 0.4% | +85.2% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 99.3K | $6.2M | 0.4% | +424.5% |
| CEG CONSTELLATION ENERGY | Utilities | 21.4K | $6.0M | 0.4% | +110.8% |
| UAL UNITED AIRLINES HOLDINGS INC | Industrials | 64.0K | $5.9M | 0.4% | +25.8% |
| VST VISTRA CORP | Utilities | 37.4K | $5.6M | 0.3% | -5.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 27, 2026 | 1305 | $2.70B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 1469 | $3.28B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Feb 17, 2026 | 1346 | $3.30B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Feb 17, 2026 | 1294 | $2.59B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Feb 23, 2026 | 1258 | $1.78B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 23, 2026 | 1281 | $1.48B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Mar 4, 2026 | 1221 | $1.31B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Mar 4, 2026 | 1221 | $1.41B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Mar 11, 2026 | 1223 | $1.34B | canonical | SEC ↗ |
Similar funds
VANGUARD CAPITAL MANAGEMENT LLCVANGUARD PORTFOLIO MANAGEMENT LLCPRICE T ROWE ASSOCIATES INC /MD/Bank of New York Mellon CorpLegal & General Group PlcVANGUARD FIDUCIARY TRUST CONuveen, LLCAmundiJANUS HENDERSON GROUP PLCAMERICAN CENTURY COMPANIES INCPRINCIPAL FINANCIAL GROUP INCVanguard Global Advisers, LLC