SIEMENS PENSION TRUST E V
Long book
$437.0M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+23.5%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsSIEMENS PENSION TRUST E V is a diversified fundamental manager, specialised in technology (100% of the long book), running a $437.0M US long book across 1 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: FLUENCE ENERGY INC.
Over the last 9 quarters its long book ran on average 7.4pp per quarter ahead of the S&P 500, beating the index in 5 of 9 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
Q1 2024
+0.0%
Q2 2024
+31.0%
Q3 2024
-30.1%
Q4 2024
-69.5%
Q1 2025
+38.4%
Q2 2025
+61.0%
Q3 2025
+83.1%
Q4 2025
-30.4%
Q1 2026
+23.5%
Sector allocation
Technology 100%
Long book by quarter
What does SIEMENS PENSION own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| FLNC FLUENCE ENERGY INC | Technology | 31.8M | $437.0M | 100.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 1 | $437.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 1 | $628.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 1 | $127.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 1 | $78.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 1 | $57.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 1 | $186.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 1 | $267.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 1 | $203.9M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 1 | $203.9M | canonical | SEC ↗ |