Institution

Czech National Bank

13F for the quarter to June 30, 2026, filed July 8, 2026 · SEC CIK 1908923

Reported value: $18.3bn
Positions we cover: 494
Copy, a year: +20.6%
Copy Sharpe ratio: 1.05

How copying its 13F would have done

CopyS&P 500 $10,000 copying Czech National Bank's filed holdings in companies we cover from November 4, 2022, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −17.2% (S&P 500 −16.9%); beta 1.01; alpha −0.2% a year (t = −0.31); last 12 months +10.3% against +12.1%.

Reported value by quarter

Czech National Bank: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2022-09-30	$3.5B
2022-12-31	$3.8T
2023-03-31	$4B
2023-06-30	$4.4B
2023-09-30	$6.3B
2023-12-31	$7B
2024-03-31	$7.8B
2024-06-30	$8.7B
2024-09-30	$9.9B
2024-12-31	$10.8B
2025-03-31	$10.9B
2025-06-30	$12.8B
2025-09-30	$14.5B
2025-12-31	$15.4B
2026-03-31	$15.2B
2026-06-30	$18.3B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
NVDANVIDIA Corporation	7.52%	$1.4bn	6.89M	+4.2% Added
AAPLApple Inc.	6.59%	$1.2bn	4.18M	+4.6% Added
MSFTMicrosoft Corporation	4.30%	$788.7m	2.11M	+4.6% Added
AMZNAmazon	3.62%	$664.1m	2.79M	+4.7% Added
GOOGLAlphabet Inc. (Class A)	3.25%	$596.5m	1.67M	+5.3% Added
AVGOBroadcom	2.77%	$509.1m	1.35M	+4.4% Added
MUMicron Technology	2.02%	$370.5m	321.0K	+4.7% Added
METAMeta Platforms	1.92%	$352.1m	625.1K	+4.9% Added
TSLATesla, Inc.	1.84%	$337.0m	801.3K	+4.6% Added
LLYLilly (Eli)	1.47%	$270.1m	225.2K	+4.3% Added
AMDAdvanced Micro Devices	1.47%	$269.6m	464.1K	+4.5% Added
JPMJPMorgan Chase	1.36%	$249.7m	762.7K	+3.9% Added
INTCIntel	1.02%	$187.8m	1.34M	+5.2% Added
JNJJohnson & Johnson	0.95%	$174.0m	685.2K	+4.4% Added
AMATApplied Materials	0.89%	$163.3m	225.9K	+4.5% Added
VVisa Inc.	0.88%	$162.1m	472.4K	+3.2% Added
LRCXLam Research	0.84%	$154.2m	356.0K	+4.7% Added
WMTWalmart	0.77%	$141.3m	1.25M	+4.5% Added
CATCaterpillar Inc.	0.76%	$139.6m	131.1K	+3.5% Added
CSCOCisco	0.72%	$132.1m	1.12M	+4.5% Added
ABBVAbbVie	0.69%	$126.5m	502.9K	+4.5% Added
COSTCostco	0.64%	$118.1m	126.3K	+4.5% Added
MAMastercard	0.64%	$118.0m	229.7K	+3.5% Added
KLACKLA Corporation	0.61%	$112.2m	371.8K	+941.6% Added
GEGE Aerospace	0.60%	$111.0m	297.0K	+4.0% Added
UNHUnitedHealth Group	0.59%	$107.4m	258.5K	+4.8% Added
BACBank of America	0.58%	$105.9m	1.86M	+2.8% Added
HDThe Home Depot	0.55%	$100.0m	283.5K	+4.6% Added
PGProcter & Gamble	0.53%	$97.2m	662.8K	+4.7% Added
SNDKSandisk	0.52%	$95.8m	42.2K	+4.9% Added
MRKMerck & Co.	0.49%	$90.3m	703.0K	+4.0% Added
GEVGE Vernova	0.49%	$89.9m	76.5K	+4.2% Added
KOThe Coca-Cola Company	0.49%	$89.6m	1.10M	+4.5% Added
CVXChevron Corporation	0.48%	$88.3m	532.9K	+4.4% Added
NFLXNetflix	0.47%	$85.6m	1.20M	+4.2% Added
GSGoldman Sachs	0.46%	$84.9m	84.0K	+2.8% Added
PMPhilip Morris International	0.44%	$80.3m	443.6K	+4.6% Added
PANWPalo Alto Networks	0.43%	$78.7m	230.8K	+4.9% Added
TXNTexas Instruments	0.42%	$77.2m	259.0K	+4.8% Added
PLTRPalantir Technologies Inc.	0.42%	$76.2m	653.5K	+5.1% Added
IBMIBM	0.41%	$75.2m	267.5K	+5.1% Added
MRVLMarvell Technology	0.41%	$74.2m	249.2K	New
RTXRTX Corporation	0.40%	$72.7m	383.3K	+4.9% Added
WFCWells Fargo	0.39%	$72.0m	871.0K	+3.4% Added
MSMorgan Stanley	0.39%	$71.3m	341.2K	+4.1% Added
ORCLOracle Corporation	0.39%	$70.8m	483.0K	+4.6% Added
LINLinde plc	0.37%	$68.3m	131.6K	+3.5% Added
CCitigroup	0.37%	$67.9m	485.5K	+2.0% Added
WDCWestern Digital	0.34%	$62.7m	98.1K	+6.3% Added
APHAmphenol	0.34%	$61.7m	350.2K	+4.6% Added
STXSeagate Technology	0.34%	$61.6m	63.8K	+7.5% Added
GLWCorning Inc.	0.31%	$56.9m	222.9K	+4.8% Added
AMGNAmgen	0.30%	$55.6m	153.6K	+4.8% Added
QCOMQualcomm	0.30%	$55.4m	300.0K	+3.2% Added
CRWDCrowdStrike	0.30%	$55.3m	72.5K	+5.5% Added
ADIAnalog Devices	0.30%	$55.2m	139.0K	+4.4% Added
MCDMcDonald's	0.30%	$54.7m	202.2K	+4.3% Added
TMOThermo Fisher Scientific	0.29%	$53.0m	105.8K	+3.4% Added
PEPPepsiCo	0.29%	$52.7m	389.0K	+4.5% Added
NEENextEra Energy	0.28%	$52.1m	593.6K	+4.7% Added
AXPAmerican Express	0.28%	$51.2m	151.5K	+3.9% Added
VZVerizon	0.27%	$50.3m	1.19M	+3.5% Added
ANETArista Networks	0.27%	$49.9m	293.9K	+4.5% Added
BABoeing	0.27%	$48.6m	224.4K	+4.9% Added
TJXTJX Companies	0.26%	$47.7m	314.8K	+4.1% Added
DISThe Walt Disney Company	0.26%	$47.6m	494.3K	+2.4% Added
ETNEaton Corporation	0.26%	$47.1m	110.5K	+4.5% Added
UNPUnion Pacific Corporation	0.25%	$46.0m	169.0K	+4.6% Added
WELLWelltower	0.25%	$45.6m	200.9K	+5.7% Added
DEDeere & Company	0.25%	$45.4m	71.5K	+4.1% Added
ABTAbbott Laboratories	0.24%	$45.0m	495.8K	+4.7% Added
GILDGilead Sciences	0.24%	$44.6m	353.4K	+4.6% Added
SCHWCharles Schwab Corporation	0.23%	$42.9m	465.3K	+2.3% Added
UBERUber	0.23%	$41.8m	579.4K	+3.4% Added
TAT&T	0.22%	$40.9m	1.98M	+3.7% Added
ISRGIntuitive Surgical	0.22%	$40.1m	100.8K	+4.2% Added
BLKBlackRock	0.21%	$39.5m	41.1K	+4.6% Added
APPApplovin Corp	0.21%	$39.5m	76.6K	+3.8% Added
BKNGBooking Holdings	0.21%	$39.3m	220.6K	+2412.4% Added
PFEPfizer	0.21%	$39.1m	1.62M	+4.8% Added
CVSCVS Health	0.20%	$37.6m	363.2K	+4.8% Added
VRTVertiv	0.20%	$36.6m	109.3K	+4.9% Added
CRMSalesforce	0.20%	$36.5m	232.8K	−8.8% Reduced
PGRProgressive Corporation	0.20%	$36.3m	166.3K	+4.2% Added
COPConocoPhillips	0.20%	$36.1m	346.8K	+3.9% Added
PLDPrologis	0.20%	$36.0m	265.4K	+4.8% Added
VRTXVertex Pharmaceuticals	0.20%	$35.9m	72.2K	+4.4% Added
COFCapital One	0.19%	$35.5m	177.1K	+4.0% Added
DELLDell Technologies	0.19%	$35.5m	82.3K	+1.7% Added
LOWLowe's	0.19%	$35.1m	159.4K	+4.3% Added
SPGIS&P Global	0.19%	$35.1m	86.3K	+3.6% Added
PHParker Hannifin	0.19%	$35.1m	35.9K	+4.4% Added
CBChubb Limited	0.19%	$35.0m	102.7K	+3.6% Added
MOAltria	0.19%	$34.2m	475.3K	+4.0% Added
DHRDanaher Corporation	0.19%	$34.2m	179.3K	+4.6% Added
BMYBristol Myers Squibb	0.18%	$33.5m	581.3K	+4.8% Added
SBUXStarbucks	0.18%	$33.2m	324.4K	+4.6% Added
SYKStryker Corporation	0.17%	$30.9m	98.2K	+4.7% Added
TTTrane Technologies	0.17%	$30.9m	62.9K	+4.4% Added
PWRQuanta Services	0.17%	$30.8m	42.7K	+5.2% Added
SOSouthern Company	0.17%	$30.7m	320.9K	+7.0% Added
HWMHowmet Aerospace	0.17%	$30.6m	113.9K	+4.3% Added
CDNSCadence Design Systems Inc	0.16%	$29.5m	78.5K	+5.9% Added
LMTLockheed Martin	0.16%	$29.4m	57.8K	+4.7% Added
EQIXEquinix	0.16%	$29.3m	28.1K	+4.9% Added
NOWServiceNow	0.16%	$29.1m	293.6K	+3.0% Added
MDTMedtronic	0.16%	$28.6m	365.4K	+4.7% Added
NEMNewmont	0.15%	$28.4m	303.9K	+2.2% Added
BNYBNY Mellon	0.15%	$28.3m	195.4K	+4.2% Added
PNCPNC Financial Services	0.15%	$28.1m	114.3K	+3.9% Added
DUKDuke Energy	0.15%	$28.1m	221.9K	+4.8% Added
CMICummins	0.15%	$28.0m	39.3K	+4.4% Added
FTNTFortinet	0.15%	$27.2m	177.3K	+3.0% Added
USBU.S. Bancorp	0.14%	$26.7m	441.8K	+4.4% Added
WMBWilliams Companies	0.14%	$25.9m	348.1K	+4.7% Added
MCKMcKesson	0.14%	$25.9m	34.2K	+2.6% Added
FCXFreeport-McMoRan	0.14%	$25.7m	409.2K	+4.5% Added
GDGeneral Dynamics	0.14%	$25.6m	72.2K	+4.5% Added
ADPAutomatic Data Processing	0.14%	$25.5m	113.8K	+3.8% Added
JCIJohnson Controls	0.14%	$25.4m	173.7K	+4.2% Added
CSXCSX Corporation	0.14%	$25.1m	528.9K	+4.4% Added
CMCSAComcast	0.14%	$24.9m	1.01M	+3.8% Added
BXBlackstone Inc.	0.14%	$24.9m	211.5K	+3.7% Added
DDOGDatadog, Inc.	0.13%	$24.5m	94.2K	+5.3% Added
SNPSSynopsys Inc	0.13%	$24.3m	54.5K	+4.6% Added
MMM3M	0.13%	$24.0m	148.5K	+3.5% Added
ELVElevance Health	0.13%	$23.9m	61.8K	+2.8% Added
ADBEAdobe Inc.	0.13%	$23.6m	115.1K	+2.9% Added
WMWaste Management	0.13%	$23.4m	105.2K	+4.1% Added
MARMarriott International	0.13%	$23.1m	62.3K	+4.0% Added
MRSHMarsh McLennan	0.13%	$22.9m	137.1K	+4.0% Added
UPSUnited Parcel Service	0.13%	$22.8m	212.5K	+5.6% Added
EMREmerson Electric	0.12%	$22.8m	159.4K	+4.2% Added
CMECME Group	0.12%	$22.8m	103.1K	+5.0% Added
CEGConstellation Energy	0.12%	$22.6m	91.0K	+7.2% Added
HOODRobinhood Markets	0.12%	$22.6m	225.2K	+4.6% Added
RCLRoyal Caribbean Group	0.12%	$22.5m	71.0K	+3.6% Added
SHWSherwin-Williams	0.12%	$22.5m	65.3K	+4.0% Added
TMUST-Mobile US	0.12%	$22.2m	132.5K	+2.6% Added
VLOValero Energy	0.12%	$22.0m	84.5K	+1.7% Added
COHRCoherent Corp.	0.12%	$22.0m	55.7K	+9.1% Added
ACNAccenture	0.12%	$21.7m	174.8K	+4.3% Added
ORLYO'Reilly Automotive	0.12%	$21.7m	235.9K	+2.9% Added
AMTAmerican Tower	0.12%	$21.7m	132.6K	+4.0% Added
TERTeradyne	0.12%	$21.6m	44.6K	+4.5% Added
HLTHilton Worldwide	0.12%	$21.4m	64.8K	+3.8% Added
MPCMarathon Petroleum	0.12%	$21.2m	83.1K	+3.4% Added
TDGTransDigm Group	0.12%	$21.2m	15.9K	+3.5% Added
AEPAmerican Electric Power	0.12%	$21.2m	154.9K	+5.1% Added
MDLZMondelez International	0.12%	$21.1m	365.4K	+4.7% Added

Company	Bought (value)	Shares
KLACKLA Corporation	$101.4m	336.1K
MRVLMarvell Technology	$74.2m	249.2K
NVDANVIDIA Corporation	$55.2m	276.1K
AAPLApple Inc.	$52.7m	182.2K
BKNGBooking Holdings	$37.7m	211.8K
MSFTMicrosoft Corporation	$34.3m	92.1K
AMZNAmazon	$30.0m	125.8K
GOOGLAlphabet Inc. (Class A)	$29.8m	83.4K
AVGOBroadcom	$21.3m	56.4K
HONHoneywell Technologies	$20.2m	90.2K
HONAHoneywell Aerospace	$19.9m	90.2K
FLEXFlex Ltd.	$17.0m	104.7K
MUMicron Technology	$16.7m	14.5K
METAMeta Platforms	$16.6m	29.4K
TSLATesla, Inc.	$14.9m	35.4K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
CRMSalesforce	−$3.5m	−22.3K
CAGConagra Brands Inc.	−$2.0m	−130.3K
EPAMEPAM Systems, Inc.	−$2.0m	−15.0K
POOLPool Corp	−$1.8m	−8.9K
CPBCampbell's Co	−$1.2m	−53.6K
OMCOmnicom Group	−$331,886	−4.6K
CPAYCorpay	−$149,305	−448
VRSKVerisk Analytics, Inc.	−$119,208	−664
ROPRoper Technologies	−$103,886	−307
TKOTKO Group Holdings	−$26,170	−130
TAPMolson Coors Beverage Co	−$17,298	−444
ITGartner	−$16,851	−130
WDAYWorkday, Inc.	−$3,183	−26

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
CAGConagra Brands Inc.	$2.0m	130.3K
EPAMEPAM Systems, Inc.	$2.0m	15.0K
POOLPool Corp	$1.8m	8.9K
CPBCampbell's Co	$1.2m	53.6K

Technology40.1%
Financials10.9%
Consumer Discretionary9.8%
Industrials9.4%
Health Care9.4%
Communication Services7.3%
Consumer Staples4.8%
Utilities2.3%
Energy2.2%
Materials1.9%
Real Estate1.9%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestNovember 4, 2022 to November 2, 2026	+20.6%	+20.6%	1.05	1.07	−17.2%	1.01
Last three yearsNovember 3, 2023 to November 2, 2026	+21.4%	+21.8%	1.13	1.16	−17.2%	1.01
Last yearNovember 7, 2025 to November 2, 2026	+12.5%	+14.2%	0.71	0.84	−8.9%	0.99

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.