1y return+26.2%S&P 500 +20.9%
3y return+83.4%S&P 500 +68.5%
5y return+55.9%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2017: $236 against $280 in the S&P 500.2
Altshuler Shaham LtdS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| TSMTaiwan Semiconductor Manufac | $690.8M | 8.6% | |
| Teva Pharmaceutical Inds LtdCUSIP 881624209 | $411.8M | 5.1% | +8.8% |
| AAPLApple Inc | $397.2M | 5.0% | +132.0% |
| GOOGLAlphabet Inc | $393.6M | 4.9% | +53.4% |
| NVDANvidia Corporation | $391.0M | 4.9% | +206.7% |
| AMZNAmazon Com Inc | $388.9M | 4.9% | +38.5% |
| Elbit Sys LtdCUSIP M3760D101 | $367.1M | 4.6% | +6.1% |
| Enlight Renewable Energy LtdCUSIP M4056D110 | $345.3M | 4.3% | −17.0% |
| CSCOCisco Sys Inc | $228.0M | 2.8% | +68.5% |
| ARMArm Holdings PLC | $209.4M | 2.6% | +23.5% |
| ORCLOracle Corp | $171.1M | 2.1% | −11.8% |
| EXEExpand Energy Corporation | $164.5M | 2.1% | +21.9% |
| UBERUber Technologies Inc | $161.4M | 2.0% | −10.2% |
| ADIAnalog Devices Inc | $155.1M | 1.9% | +81.6% |
| BACBank Of Amer Corp | $151.3M | 1.9% | New |
| IBMInternational Business Machs | $146.0M | 1.8% | +32.1% |
| QCOMQualcomm Inc | $139.8M | 1.7% | +1.3% |
| WFCWells Fargo & Co | $134.7M | 1.7% | New |
| RIORio Tinto PLC | $127.6M | 1.6% | +17.5% |
| NEENextera Energy Inc | $123.5M | 1.5% | +19.9% |
| Crh PLCCUSIP G25508105 | $121.4M | 1.5% | |
| Icl Group LtdCUSIP M53213100 | $120.3M | 1.5% | +7.6% |
| JPMJpmorgan Chase & Co | $117.8M | 1.5% | New |
| ANETArista Networks Inc | $113.3M | 1.4% | +724944.6% |
| AMTAmerican Tower Corp | $99.8M | 1.2% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| APPApplovin Corp | March 31, 2024 | +644.3% | $80.1M |
| Enlight Renewable Energy LtdCUSIP M4056D110 | March 31, 2023 | +426.1% | $345.3M |
| Nova LtdCUSIP M7516K103 | March 31, 2023 | +419.7% | $73.8M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $393.6M |
| NVDANvidia Corporation | September 30, 2023 | +360.0% | $391.0M |
| Teva Pharmaceutical Inds LtdCUSIP 881624209 | December 31, 2022 | +271.5% | $411.8M |
| UBERUber Technologies Inc | June 30, 2022 | +252.7% | $161.4M |
| TSMTaiwan Semiconductor Manufac | March 31, 2024 | +251.0% | $690.8M |
| ARMArm Holdings PLC | March 31, 2025 | +232.0% | $209.4M |
| Elbit Sys LtdCUSIP M3760D101 | June 30, 2022 | +230.8% | $367.1M |
Sold off last quarter
- CTRACoterra Energy Inc was $1.1M
- Expedia Group IncCUSIP 30212PBE4 was $1.0M
- AGXArgan Inc was $1.0M
- NXDRNextdoor Holdings Inc was $932K
- SRESempra was $818K
- LOWLowes Cos Inc was $791K
- NXENexgen Energy Ltd was $647K
- VNTVontier Corporation was $575K
- Tilray Brands IncCUSIP 88688T100 was $508K
- Artelo Biosciences IncCUSIP 04301G607 was $484K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +14.1% | +14.8% |
| March 31, 2026 | −3.9% | −4.6% |
| December 31, 2025 | +4.0% | +2.4% |
| September 30, 2025 | +10.7% | +7.8% |
| June 30, 2025 | +20.9% | +10.5% |
| March 31, 2025 | −4.1% | −4.6% |
| December 31, 2024 | +4.8% | +2.1% |
| September 30, 2024 | +1.3% | +5.4% |
| June 30, 2024 | +1.5% | +4.0% |
| March 31, 2024 | +6.1% | +10.0% |
| December 31, 2023 | +12.9% | +11.2% |
| September 30, 2023 | −3.0% | −3.6% |
| June 30, 2023 | +1.3% | +8.3% |
| March 31, 2023 | +0.5% | +7.0% |
| December 31, 2022 | +14.5% | +7.1% |
| September 30, 2022 | −7.9% | −5.3% |
| June 30, 2022 | −20.0% | −16.5% |
| March 31, 2022 | −5.0% | −4.9% |
| December 31, 2021 | +7.9% | +10.7% |
| September 30, 2021 | −3.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Altshuler Shaham Ltd Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1324290&type=13F-HR&dateb=&owner=include&count=40CIK 1324290
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1324290/000121390026088276/Filed August 12, 2026 · accession 0001213900-26-088276