Institution

Generali Asset Management Spa Sgr

13F for the quarter to June 30, 2026, filed July 30, 2026 · SEC CIK 2046751

Reported value: $5.5bn
Positions we cover: 504
Copy, a year: +16.4%
Copy Sharpe ratio: 0.94

How copying its 13F would have done

CopyS&P 500 $10,000 copying Generali Asset Management Spa Sgr's filed holdings in companies we cover from May 30, 2025, 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 −10.3% (S&P 500 −8.4%); beta 1.01; alpha −3.3% a year (t = −1.11); last 12 months +9.9% against +12.1%.

Reported value by quarter

Generali Asset Management Spa Sgr: 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
2024-12-31	$3.9B
2025-03-31	$4.1B
2025-06-30	$4.4B
2025-09-30	$4.7B
2025-12-31	$4.9B
2026-03-31	$4.8B
2026-06-30	$5.5B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
NVDANVIDIA Corporation	7.51%	$415.3m	2.08M	+0.7% Added
MSFTMicrosoft Corporation	4.12%	$227.7m	610.5K	+0.4%
GOOGLAlphabet Inc. (Class A)	3.26%	$180.1m	504.0K	+1.5% Added
AAPLApple Inc.	2.99%	$165.4m	571.4K	−2.1% Reduced
ARCCAres Capital Corp	2.53%	$139.9m	7.55M	0.0%
AZNAstrazeneca PLC	2.05%	$113.5m	804.9K	−15.7% Reduced
UBSUBS Group AG	1.80%	$99.8m	2.49M	−6.1% Reduced
TSLATesla, Inc.	1.79%	$98.9m	235.2K	+0.9% Added
AVGOBroadcom	1.71%	$94.3m	249.8K	−0.5% Reduced
AMZNAmazon	1.48%	$82.0m	344.1K	−1.7% Reduced
AMDAdvanced Micro Devices	1.47%	$81.5m	140.3K	+1.0% Added
LLYLilly (Eli)	1.38%	$76.5m	63.8K	+1.8% Added
MUMicron Technology	1.22%	$67.5m	58.5K	+6.0% Added
BXSLBlackstone Secured Lending Fund	1.11%	$61.7m	2.60M	+3.3% Added
NEMNewmont	1.11%	$61.7m	660.1K	+27.1% Added
AEMAgnico Eagle Mines LTD	1.00%	$55.5m	294.5K	+19.0% Added
AMATApplied Materials	0.98%	$54.2m	74.9K	+4.7% Added
JPMJPMorgan Chase	0.97%	$53.5m	163.4K	+6.3% Added
CATCaterpillar Inc.	0.96%	$53.0m	49.8K	+8.4% Added
VVisa Inc.	0.91%	$50.5m	147.1K	+1.3% Added
LRCXLam Research	0.91%	$50.1m	115.6K	+5.9% Added
INTCIntel	0.88%	$48.6m	348.0K	+6.0% Added
OBDCBlue Owl Capital Corp	0.85%	$47.3m	4.35M	−0.6% Reduced
MAMastercard	0.77%	$42.4m	82.6K	+4.8% Added
WPMWheaton Precious Metals Corp.	0.73%	$40.5m	318.3K	+73.7% Added
STXSeagate Technology	0.73%	$40.3m	41.8K	+113.5% Added
MRKMerck & Co.	0.70%	$39.0m	303.6K	+6.9% Added
RACEFerrari N.V.	0.70%	$38.6m	118.9K	+25.2% Added
GEGE Aerospace	0.65%	$35.9m	96.0K	−1.8% Reduced
GBDCGolub Capital BDC, Inc.	0.61%	$33.9m	2.63M	0.0%
TDToronto Dominion Bank	0.60%	$33.4m	193.8K	+9.2% Added
TSMTaiwan Semiconductor Manufacturing Co LTD	0.60%	$33.1m	69.4K	0.0%
GSBDGoldman Sachs BDC, Inc.	0.56%	$31.2m	3.29M	0.0%
LINLinde plc	0.56%	$30.9m	59.5K	+30.7% Added
MSMorgan Stanley	0.55%	$30.6m	146.2K	+11.4% Added
MRVLMarvell Technology	0.55%	$30.4m	101.9K	+74.4% Added
HDThe Home Depot	0.55%	$30.3m	85.8K	−0.8% Reduced
SPOTSpotify Technology S.a.	0.54%	$29.9m	66.1K	−4.7% Reduced
METAMeta Platforms	0.53%	$29.4m	52.2K	−9.6% Reduced
MSDLMorgan Stanley Direct Lending Fund	0.50%	$27.7m	1.83M	0.0%
GSGoldman Sachs	0.49%	$27.3m	27.0K	+0.7% Added
PGProcter & Gamble	0.48%	$26.9m	183.1K	−6.4% Reduced
BMOBank Of Montreal	0.48%	$26.8m	107.1K	+11.7% Added
FSKFS KKR Capital Corp	0.48%	$26.6m	2.53M	−0.7% Reduced
BACBank of America	0.46%	$25.4m	445.9K	−1.0% Reduced
ALCAlcon Inc	0.46%	$25.2m	462.4K	+79.0% Added
OCSLOaktree Specialty Lending Corp	0.45%	$24.8m	2.08M	−0.3%
CCitigroup	0.45%	$24.8m	177.5K	+14.9% Added
BNSBank Of Nova Scotia	0.43%	$23.6m	191.5K	+17.7% Added
AXPAmerican Express	0.42%	$23.3m	68.8K	+4.2% Added
STLAStellantis N.V.	0.42%	$23.0m	4.63M	−6.9% Reduced
KOThe Coca-Cola Company	0.42%	$23.0m	282.9K	+1.6% Added
IBMIBM	0.39%	$21.7m	77.2K	−9.4% Reduced
ABBVAbbVie	0.37%	$20.6m	81.9K	+1.8% Added
WMTWalmart	0.36%	$20.2m	178.3K	+10.8% Added
PANWPalo Alto Networks	0.36%	$19.9m	58.5K	+5.2% Added
CSCOCisco	0.36%	$19.9m	169.2K	+6.1% Added
WDCWestern Digital	0.35%	$19.6m	30.6K	+221.0% Added
KLACKLA Corporation	0.35%	$19.4m	64.4K	+819.6% Added
COSTCostco	0.35%	$19.4m	20.7K	+10.7% Added
TJXTJX Companies	0.35%	$19.2m	127.0K	+12.4% Added
GEVGE Vernova	0.34%	$19.0m	16.2K	+26.2% Added
DISThe Walt Disney Company	0.33%	$18.3m	189.7K	−1.6% Reduced
TXNTexas Instruments	0.33%	$18.2m	61.0K	+21.4% Added
HWMHowmet Aerospace	0.33%	$18.2m	67.6K	+41.2% Added
BLKBlackRock	0.32%	$17.7m	18.4K	+8.1% Added
AMGNAmgen	0.32%	$17.7m	48.8K	−2.9% Reduced
RYRoyal Bank Of Canada	0.32%	$17.4m	59.3K	−6.6% Reduced
VZVerizon	0.31%	$17.0m	401.4K	−4.5% Reduced
COINCoinbase	0.30%	$16.8m	114.8K	+72.4% Added
ELVElevance Health	0.30%	$16.7m	43.2K	+129.0% Added
PEPPepsiCo	0.30%	$16.3m	120.7K	+6.7% Added
TTTrane Technologies	0.29%	$16.3m	33.3K	+16.1% Added
UNPUnion Pacific Corporation	0.29%	$15.9m	58.6K	+6.6% Added
ETNEaton Corporation	0.28%	$15.8m	37.0K	+17.4% Added
HUMHumana	0.27%	$15.1m	38.1K	+391.9% Added
BMYBristol Myers Squibb	0.27%	$14.7m	254.6K	+0.8% Added
SHOPShopify Inc.	0.26%	$14.6m	89.7K	−11.6% Reduced
CCJCameco Corp	0.26%	$14.4m	140.1K	−4.7% Reduced
NFLXNetflix	0.26%	$14.4m	201.5K	+17.5% Added
PGRProgressive Corporation	0.26%	$14.3m	65.3K	+8.8% Added
DEDeere & Company	0.24%	$13.4m	21.2K	+6.3% Added
CRMSalesforce	0.24%	$13.2m	84.0K	−6.0% Reduced
HLTHilton Worldwide	0.24%	$13.1m	39.6K	+21.7% Added
BKNGBooking Holdings	0.23%	$12.9m	72.1K	+2486.2% Added
SPGIS&P Global	0.23%	$12.6m	31.0K	+13.9% Added
APHAmphenol	0.23%	$12.5m	70.9K	−10.4% Reduced
APPApplovin Corp	0.22%	$12.3m	23.9K	+6.0% Added
DHRDanaher Corporation	0.22%	$12.2m	64.3K	+3.1% Added
MSTRStrategy Inc	0.21%	$11.9m	136.9K	+82.5% Added
WMBWilliams Companies	0.21%	$11.5m	154.4K	+26.2% Added
LOWLowe's	0.20%	$11.4m	51.5K	+0.2%
CMCSAComcast	0.20%	$11.1m	450.1K	+6.6% Added
MPCMarathon Petroleum	0.20%	$11.0m	43.0K	+35.2% Added
ADPAutomatic Data Processing	0.20%	$10.8m	48.3K	−5.4% Reduced
QCOMQualcomm	0.19%	$10.7m	57.7K	−9.4% Reduced
MRSHMarsh McLennan	0.19%	$10.6m	63.7K	+8.9% Added
CDNSCadence Design Systems Inc	0.19%	$10.5m	28.1K	+16.6% Added
ANETArista Networks	0.19%	$10.5m	61.7K	−3.1% Reduced
VLOValero Energy	0.19%	$10.3m	39.7K	−6.7% Reduced
SCHWCharles Schwab Corporation	0.18%	$10.2m	110.3K	+6.1% Added
CBChubb Limited	0.18%	$10.0m	29.3K	+19.2% Added
PLDPrologis	0.18%	$9.8m	72.6K	−11.7% Reduced
ORCLOracle Corporation	0.17%	$9.6m	65.8K	+10.0% Added
CRWDCrowdStrike	0.17%	$9.5m	12.4K	+21.7% Added
CSXCSX Corporation	0.17%	$9.4m	197.0K	+20.4% Added
MNSTMonster Beverage	0.17%	$9.3m	97.0K	−6.4% Reduced
TMOThermo Fisher Scientific	0.17%	$9.3m	18.4K	+7.9% Added
TAT&T	0.17%	$9.2m	445.3K	+10.1% Added
PHParker Hannifin	0.16%	$9.1m	9.3K	+6.6% Added
MMM3M	0.16%	$9.1m	56.1K	+7.0% Added
EBAYeBay Inc.	0.16%	$9.0m	81.0K	+39.3% Added
NEENextEra Energy	0.16%	$9.0m	102.6K	−0.2%
ORLYO'Reilly Automotive	0.16%	$8.9m	96.6K	+23.3% Added
ADIAnalog Devices	0.16%	$8.9m	22.3K	−9.2% Reduced
GMGeneral Motors	0.16%	$8.7m	112.6K	+2.6% Added
ITWIllinois Tool Works	0.15%	$8.6m	31.7K	+7.0% Added
NOWServiceNow	0.15%	$8.6m	86.4K	−16.0% Reduced
ADBEAdobe Inc.	0.15%	$8.5m	41.7K	−5.6% Reduced
ABTAbbott Laboratories	0.15%	$8.5m	94.1K	−0.9% Reduced
PNCPNC Financial Services	0.15%	$8.5m	34.5K	−26.7% Reduced
PSXPhillips 66	0.15%	$8.2m	48.4K	−9.2% Reduced
UPSUnited Parcel Service	0.15%	$8.2m	76.0K	+14.6% Added
SLBSchlumberger	0.15%	$8.1m	174.8K	−11.8% Reduced
WELLWelltower	0.15%	$8.1m	35.6K	−9.8% Reduced
EQIXEquinix	0.15%	$8.1m	7.7K	−1.5% Reduced
AMTAmerican Tower	0.15%	$8.0m	49.2K	+36.6% Added
CVXChevron Corporation	0.14%	$7.9m	47.9K	−13.1% Reduced
UBERUber	0.14%	$7.9m	109.9K	+10.0% Added
TELTE Connectivity	0.14%	$7.9m	39.2K	+39.1% Added
USBU.S. Bancorp	0.14%	$7.9m	130.8K	−21.1% Reduced
ISRGIntuitive Surgical	0.14%	$7.6m	19.2K	+6.1% Added
BIIBBiogen	0.14%	$7.6m	35.4K	+3.5% Added
MELIMercadolibre Inc	0.14%	$7.6m	4.5K	+5.0% Added
HCAHCA Healthcare	0.14%	$7.6m	19.4K	+42.4% Added
ACNAccenture	0.14%	$7.6m	60.7K	−2.1% Reduced
VRTXVertex Pharmaceuticals	0.14%	$7.5m	15.2K	−0.9% Reduced
CRHCRH plc	0.14%	$7.5m	69.9K	−19.0% Reduced
PLTRPalantir Technologies Inc.	0.14%	$7.5m	63.9K	−12.1% Reduced
PMPhilip Morris International	0.13%	$7.4m	40.9K	+23.8% Added
DHID. R. Horton	0.13%	$7.4m	45.5K	−2.5% Reduced
OKEOneok	0.13%	$7.2m	83.3K	+23.1% Added
CICigna	0.13%	$7.2m	26.1K	+12.8% Added
INTUIntuit	0.13%	$7.1m	27.2K	−4.5% Reduced
LNGCheniere Energy, Inc.	0.13%	$7.0m	29.2K	+42.7% Added
AAgilent Technologies	0.12%	$6.9m	51.8K	+3.3% Added
TRGPTarga Resources	0.12%	$6.8m	25.3K	−17.9% Reduced
SNPSSynopsys Inc	0.12%	$6.7m	15.1K	+21.4% Added
TGTTarget Corporation	0.12%	$6.6m	50.7K	+18.1% Added
IQVIQVIA	0.12%	$6.6m	33.9K	+18.9% Added

Company	Bought (value)	Shares
STXSeagate Technology	$21.4m	22.2K
KLACKLA Corporation	$17.3m	57.4K
WPMWheaton Precious Metals Corp.	$17.2m	135.0K
WDCWestern Digital	$13.5m	21.1K
NEMNewmont	$13.2m	140.9K
MRVLMarvell Technology	$12.9m	43.5K
BKNGBooking Holdings	$12.4m	69.3K
HUMHumana	$12.1m	30.4K
ALCAlcon Inc	$11.1m	204.1K
ELVElevance Health	$9.4m	24.4K
AEMAgnico Eagle Mines LTD	$8.9m	47.1K
RACEFerrari N.V.	$7.8m	23.9K
LINLinde plc	$7.3m	14.0K
COINCoinbase	$7.1m	48.2K
MSTRStrategy Inc	$5.4m	61.9K

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

Company	Sold (value)	Shares
AZNAstrazeneca PLC	−$21.1m	−149.8K
UBSUBS Group AG	−$6.5m	−162.3K
AAPLApple Inc.	−$3.5m	−12.1K
DELLDell Technologies	−$3.5m	−8.0K
MFCManulife Financial Corp	−$3.3m	−58.0K
RTXRTX Corporation	−$3.2m	−17.0K
METAMeta Platforms	−$3.1m	−5.5K
PNCPNC Financial Services	−$3.1m	−12.5K
WFCWells Fargo	−$3.0m	−36.7K
BEBloom Energy	−$2.9m	−9.6K
VRTVertiv	−$2.6m	−7.9K
CMICummins	−$2.5m	−3.5K
APOApollo Global Management	−$2.5m	−20.8K
FITBFifth Third Bancorp	−$2.4m	−43.1K
KKRKKR & Co.	−$2.4m	−25.9K

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

Company	Value last quarter	Shares
CFGCitizens Financial Group	$1.6m	27.4K
APTVAptiv	$1.6m	23.6K
SNASnap-on	$1.5m	4.2K
TTDTrade Desk, Inc.	$1.4m	63.8K
ARESAres Management	$1.4m	12.7K
TOSTToast, Inc.	$1.4m	51.3K
RJFRaymond James Financial	$862,659	6.0K
PFGPrincipal Financial Group	$834,328	9.3K
EGEverest Group	$788,035	2.4K
AMCRAmcor	$697,096	17.5K
AERAercap Holdings N.V.	$55,284	403
WPCW. P. Carey Inc.	$17,398	256
VSNTVersant Media Group, Inc.	$4,294	116

Technology33.2%
Financials21.3%
Health Care10.1%
Consumer Discretionary8.4%
Industrials8.0%
Communication Services6.3%
Materials4.6%
Consumer Staples3.5%
Energy2.4%
Real Estate1.1%
Utilities1.1%

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 backtestMay 30, 2025 to November 2, 2026	+16.4%	+20.5%	0.94	1.28	−10.3%	1.01
Last yearNovember 7, 2025 to November 2, 2026	+12.2%	+14.2%	0.66	0.84	−10.3%	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.