Migdal Insurance & Financial Holdings Ltd.

Other Low signal CIK 1415912
League rank
#115
in Other · #650 overall
Long book
$11.53B
Q1 2026
Positions
360
Top-10 weight
45%
concentration
Last quarter
+19.4%
SPY +14.8%
Turnover
38%
of book per quarter

Strategy in plain words

auto-generated from filings

Migdal Insurance & Financial Holdings Ltd. is an institutional manager, running a $11.53B US long book across 360 positions.

The portfolio is moderately concentrated (top 10 ≈ 45% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: TEVA PHARMACEUTICAL-SP ADR, NOVA LTD, SS INDUSTRIAL SELECT SECTOR, SS TECHNOLOGY SELECT SECTOR, ALPHABET INC-CL C.

Over the last 9 quarters its long book ran on average 1.2pp 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
+3.3%
Q2 2024
+2.9%
Q3 2024
+5.0%
Q4 2024
-9.2%
Q1 2025
+14.2%
Q2 2025
+10.3%
Q3 2025
+6.6%
Q4 2025
-0.9%
Q1 2026
+19.4%

Sector allocation

Technology
47%
Other
19%
Industrials
9%
Healthcare
7%
Consumer discretionary
5%
Financials
5%
Utilities
4%
Services media
2%

Long book by quarter

$6.25B
Q1 2024
$5.99B
Q2 2024
$6.18B
Q3 2024
$6.97B
Q4 2024
$7.12B
Q1 2025
$16.85B
Q2 2025
$9.29B
Q3 2025
$11.63B
Q4 2025
$11.53B
Q1 2026

What does Migdal Insurance own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVMI NOVA LTDOther1.6M$681.2M5.9%+5.0%
GOOG ALPHABET INC-CL CTechnology1.5M$440.3M3.8%+16.0%
TSEM TOWER SEMICONDUCTOR LTDTechnology2.0M$353.7M3.1%-32.9%
NVDA NVIDIA CORPTechnology1.9M$336.8M2.9%-0.5%
AMZN AMAZON.COM INCConsumer discretionary1.4M$297.4M2.6%-12.9%
CAMT CAMTEK LTDOther1.9M$292.4M2.5%+46.3%
AAPL APPLE INCTechnology927.7K$235.4M2.0%+37.5%
META META PLATFORMS INC-CLASS ATechnology329.6K$188.6M1.6%-39.1%
JPM JPMORGAN CHASE & COFinancials568.4K$167.2M1.5%+126.1%
LRCX LAM RESEARCH CORPIndustrials774.7K$165.7M1.4%+268.0%
MSFT MICROSOFT CORPTechnology379.8K$140.5M1.2%+0.6%
AMAT APPLIED MATERIALS INCTechnology405.0K$138.4M1.2%-21.2%
ORA ORMAT TECHNOLOGIES INCUtilities1.2M$130.0M1.1%+31.0%
MU MICRON TECHNOLOGY INCTechnology338.3K$114.3M1.0%+10360.9%
LLY ELI LILLY & COHealthcare124.3K$114.3M1.0%+16.9%
ENLT ENLIGHT RENEWABLE ENERGY LTDUtilities1.6M$111.3M1.0%Held
TSLA TESLA INCIndustrials292.2K$108.6M0.9%+80.2%
ABBV ABBVIE INCHealthcare412.2K$89.6M0.8%+24.3%
AVGO BROADCOM INCTechnology285.6K$88.4M0.8%-26.9%
LMT LOCKHEED MARTIN CORPIndustrials124.2K$75.1M0.7%+12893.7%
ETN EATON CORP PLCIndustrials207.0K$74.0M0.6%+298.1%
CCJ CAMECO CORPMaterials659.4K$71.6M0.6%-11.5%
NOC NORTHROP GRUMMAN CORPTechnology100.0K$68.2M0.6%+3233.3%
VRT VERTIV HOLDINGS CO-ATechnology255.2K$63.9M0.6%New
GILD GILEAD SCIENCES INCHealthcare444.0K$61.9M0.5%+71.4%
AZN ASTRAZENECA PLCHealthcare286.0K$55.9M0.5%New
PANW PALO ALTO NETWORKS INCTechnology323.7K$51.9M0.4%+148.3%
SNDK SANDISK CORPTechnology81.0K$51.5M0.4%New
SEDG SOLAREDGE TECHNOLOGIES INCTechnology946.2K$48.3M0.4%+73.7%
MRK MERCK & CO. INC.Healthcare310.0K$37.6M0.3%New
WDC WESTERN DIGITAL CORPTechnology134.0K$36.2M0.3%New
BAC BANK OF AMERICA CORPFinancials730.0K$35.6M0.3%Held
NTR NUTRIEN LTDOther462.5K$35.2M0.3%New
UBER UBER TECHNOLOGIES INCServices media480.0K$34.5M0.3%+1.1%
TER TERADYNE INCTechnology110.3K$32.7M0.3%+39441.9%
STXN SEAGATE TECHNOLOGY HOLDINGS81.0K$31.8M0.3%New
INTC INTEL CORPTechnology719.9K$31.8M0.3%+10364.9%
BSX BOSTON SCIENTIFIC CORPHealthcare500.0K$31.4M0.3%New
TXN TEXAS INSTRUMENTS INCTechnology159.1K$30.9M0.3%+14019.5%
MS MORGAN STANLEYFinancials181.2K$29.8M0.3%-0.1%
MCHP MICROCHIP TECHNOLOGY INCTechnology457.3K$29.5M0.3%+52403.0%
V VISA INC-CLASS A SHARESServices media97.5K$29.5M0.3%+0.1%
CPW CHECK POINT SOFTWARE TECH200.0K$28.6M0.2%Held
GLBE GLOBAL-E ONLINE LTDTechnology895.0K$27.6M0.2%+15.5%
MA MASTERCARD INC - AServices media55.1K$27.5M0.2%+0.1%
ESLT ELBIT SYSTEMS LTDIndustrials32.1K$27.3M0.2%Held
TT TRANE TECHNOLOGIES PLCTechnology50.0K$20.8M0.2%New
MELI MERCADOLIBRE INCServices media12.0K$20.7M0.2%New
TATT TAT TECHNOLOGIES LTDIndustrials470.0K$19.1M0.2%+21.5%
NYAX NAYAX LTDTechnology300.0K$16.8M0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 2026362$11.53B canonicalSEC ↗
Q4 202513F-HRJan 28, 2026346$11.63B $K fixed canonicalSEC ↗
Q3 202513F-HROct 30, 2025325$9.29B $K fixed canonicalSEC ↗
Q2 202513F-HR/ANEW HOLDINGSSep 15, 2025357$8.42B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 4, 2025356$8.42B $K fixed canonicalSEC ↗
Q1 202513F-HRMay 5, 2025407$7.12B $K fixed canonicalSEC ↗
Q4 202413F-HRJan 28, 2025388$6.97B $K fixed canonicalSEC ↗
Q3 202413F-HRNov 4, 2024446$6.18B $K fixed canonicalSEC ↗
Q2 202413F-HRJul 29, 2024503$5.99B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 1, 2024399$6.25B $K fixed canonicalSEC ↗