Zurich Insurance Group Ltd/FI
Long book
$12.73B
Q1 2026
Positions
327
Top-10 weight
32%
concentration
Last quarter
+13.9%
SPY +14.8%
Turnover
29%
of book per quarter
Strategy in plain words
auto-generated from filingsZurich Insurance Group Ltd/FI is an institutional manager, running a $12.73B US long book across 327 positions.
The portfolio is moderately concentrated (top 10 ≈ 32% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, APPLE INC, ALPHABET INC-CL A, MICROSOFT CORP, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 0.2pp 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
+4.0%
Q2 2024
+5.1%
Q3 2024
+2.1%
Q4 2024
-6.1%
Q1 2025
+12.0%
Q2 2025
+8.4%
Q3 2025
+3.1%
Q4 2025
-4.3%
Q1 2026
+13.9%
Sector allocation
Technology 36%
Financials 12%
Industrials 11%
Healthcare 9%
Consumer discretionary 9%
Energy 4%
Utilities 4%
Other 4%
Long book by quarter
What does Zurich Insurance own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 4.8M | $839.8M | 6.6% | -13.5% |
| AAPL APPLE INC | Technology | 3.0M | $766.3M | 6.0% | -9.8% |
| GOOGL ALPHABET INC-CL A | Technology | 2.2M | $618.7M | 4.9% | -9.1% |
| MSFT MICROSOFT CORP | Technology | 1.4M | $536.1M | 4.2% | -4.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.8M | $370.5M | 2.9% | -12.0% |
| AVGO BROADCOM INC | Technology | 884.2K | $273.7M | 2.2% | -8.8% |
| META META PLATFORMS INC-CLASS A | Technology | 397.7K | $227.5M | 1.8% | -14.1% |
| TSLA TESLA INC | Industrials | 459.9K | $171.0M | 1.3% | -23.4% |
| LLY ELI LILLY & CO | Healthcare | 170.5K | $156.8M | 1.2% | -27.5% |
| JPM JPMORGAN CHASE & CO | Financials | 497.8K | $146.4M | 1.2% | +3.3% |
| XOM EXXON MOBIL CORP | Energy | 813.4K | $138.0M | 1.1% | -8.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 531.6K | $130.0M | 1.0% | -37.6% |
| NFLX NETFLIX INC | Services media | 1.3M | $129.1M | 1.0% | +47.2% |
| AZN ASTRAZENECA PLC | Healthcare | 657.2K | $127.5M | 1.0% | New |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 245.4K | $117.6M | 0.9% | +10.8% |
| MRK MERCK & CO. INC. | Healthcare | 967.6K | $116.4M | 0.9% | +82.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 114.9K | $114.5M | 0.9% | New |
| V VISA INC-CLASS A SHARES | Services media | 363.9K | $110.0M | 0.9% | -42.8% |
| TTE TOTALENERGIES SE | Energy | 1.2M | $107.4M | 0.8% | +100.8% |
| NEE NEXTERA ENERGY INC | Utilities | 1.1M | $104.3M | 0.8% | -17.3% |
| WMT WALMART INC | Consumer discretionary | 830.9K | $103.3M | 0.8% | -49.7% |
| KO COCA-COLA CO/THE | Consumer staples | 1.3M | $100.7M | 0.8% | +26.0% |
| LIN LINDE PLC | Materials | 198.8K | $98.5M | 0.8% | +115.2% |
| C CITIGROUP INC | Financials | 854.4K | $96.9M | 0.8% | -24.9% |
| LRCX LAM RESEARCH CORP | Industrials | 422.4K | $90.3M | 0.7% | -44.9% |
| RTX RTX CORP | Industrials | 461.6K | $89.0M | 0.7% | -38.3% |
| CAT CATERPILLAR INC | Industrials | 119.9K | $84.9M | 0.7% | -32.7% |
| CVX CHEVRON CORP | Energy | 404.4K | $83.7M | 0.7% | +0.2% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 503.1K | $83.2M | 0.7% | -30.9% |
| WM WASTE MANAGEMENT INC | Utilities | 361.8K | $83.1M | 0.7% | +221.1% |
| CSCO CISCO SYSTEMS INC | Technology | 1.1M | $83.0M | 0.7% | -35.6% |
| MA MASTERCARD INC - A | Services media | 157.4K | $78.6M | 0.6% | -11.9% |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 99.1K | $76.5M | 0.6% | +142.7% |
| CAH CARDINAL HEALTH INC | Consumer discretionary | 358.7K | $75.8M | 0.6% | +21.5% |
| USB US BANCORP | Financials | 1.4M | $75.4M | 0.6% | -39.4% |
| ADI ANALOG DEVICES INC | Technology | 228.1K | $72.6M | 0.6% | New |
| BMO BANK OF MONTREAL | Financials | 533.3K | $72.0M | 0.6% | New |
| APH AMPHENOL CORP-CL A | Technology | 563.1K | $71.1M | 0.6% | +96.0% |
| TMUS T-MOBILE US INC | Communications | 337.0K | $70.8M | 0.6% | New |
| PG PROCTER & GAMBLE CO/THE | Other | 482.2K | $69.6M | 0.5% | +1536.1% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 287.2K | $69.6M | 0.5% | -35.3% |
| CHD CHURCH & DWIGHT CO INC | Other | 740.2K | $69.1M | 0.5% | New |
| GEV GE VERNOVA INC | Industrials | 79.0K | $69.0M | 0.5% | -26.2% |
| HD HOME DEPOT INC | Consumer discretionary | 203.0K | $66.8M | 0.5% | -8.4% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 133.1K | $65.4M | 0.5% | +49.0% |
| ULTA ULTA BEAUTY INC | Consumer discretionary | 122.8K | $64.2M | 0.5% | +20.9% |
| CIEN CIENA CORP | Technology | 165.2K | $64.1M | 0.5% | -55.3% |
| XEL XCEL ENERGY INC | Utilities | 779.3K | $61.9M | 0.5% | +256.0% |
| AMD ADVANCED MICRO DEVICES | Technology | 302.9K | $61.6M | 0.5% | -8.4% |
| ABBV ABBVIE INC | Healthcare | 277.4K | $60.3M | 0.5% | -27.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 330 | $12.73B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 294 | $14.41B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 272 | $14.00B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 258 | $12.94B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 258 | $12.35B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 236 | $12.26B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 215 | $11.79B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 232 | $11.54B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 240 | $10.94B | canonical | SEC ↗ |
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