1y return+20.0%S&P 500 +20.9%
3y return+71.4%S&P 500 +68.5%
5y return+73.2%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, 2016: $342 against $334 in the S&P 500.2
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am MainS&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 |
|---|---|---|---|
| NVDANvidia Corporation | $9.3B | 7.3% | −6.1% |
| AAPLApple Inc | $6.2B | 4.9% | |
| GOOGLAlphabet Inc | $4.6B | 3.7% | +6.9% |
| AMZNAmazon Com Inc | $4.6B | 3.6% | +13.0% |
| MSFTMicrosoft Corp | $4.3B | 3.4% | −1.7% |
| AMATApplied Matls Inc | $3.1B | 2.4% | −6.1% |
| AVGOBroadcom Inc | $2.6B | 2.1% | −12.7% |
| JPMJpmorgan Chase & Co | $2.5B | 2.0% | +2.7% |
| GOOGAlphabet Inc | $2.4B | 1.9% | +15.0% |
| WELLWelltower Inc | $2.4B | 1.9% | +21.2% |
| ARMArm Holdings PLC | $2.3B | 1.8% | −30.6% |
| Astrazeneca PLCCUSIP G0593M107 | $2.2B | 1.7% | −9.4% |
| Seagate Technology Hldngs PlCUSIP G7997R103 | $2.0B | 1.6% | −41.8% |
| BACBank Of Amer Corp | $2.0B | 1.5% | +3.8% |
| LLYEli Lilly & Co | $1.6B | 1.3% | +6.0% |
| WMTWalmart Inc | $1.6B | 1.3% | −9.6% |
| UNPUnion Pac Corp | $1.6B | 1.2% | +15.8% |
| PHParker-hannifin Corp | $1.5B | 1.2% | |
| MUMicron Technology Inc | $1.5B | 1.2% | −17.1% |
| Totalenergies SeCUSIP F92124100 | $1.5B | 1.2% | −12.4% |
| AXPAmerican Express Co | $1.5B | 1.2% | |
| Crh PLCCUSIP G25508105 | $1.4B | 1.1% | +12.7% |
| MAMastercard Incorporated | $1.4B | 1.1% | +107.9% |
| TMOThermo Fisher Scientific Inc | $1.4B | 1.1% | −5.4% |
| JNJJohnson & Johnson | $1.4B | 1.1% | −12.9% |
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 |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $9.3B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $2.6B |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $3.1B |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $1.1B |
| PWRQuanta Svcs Inc | June 30, 2021 | +695.0% | $960.1M |
| URIUnited Rentals Inc | June 30, 2020 | +660.3% | $935.6M |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $1.6B |
| ARMArm Holdings PLC | September 30, 2023 | +562.5% | $2.3B |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $1.0B |
| Spotify Technology S ACUSIP L8681T102 | December 31, 2022 | +481.5% | $1.1B |
Sold off last quarter
- CTRACoterra Energy Inc was $17.6M
- Monday Com LtdCUSIP M7S64H106 was $16.0M
- PTCTPtc Therapeutics Inc was $14.5M
- IXCIshares Tr was $13.6M
- CNMDConmed Corp was $11.0M
- ILFIshares Tr was $10.4M
- Ascendis Pharma A/sCUSIP 04351P101 was $5.5M
- SXTSensient Technologies Corp was $3.7M
- ZZillow Group Inc was $3.5M
- ONCBeone Medicines Ltd was $3.2M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +16.2% | +14.8% |
| March 31, 2026 | −4.6% | −4.6% |
| December 31, 2025 | +1.6% | +2.4% |
| September 30, 2025 | +6.6% | +7.8% |
| June 30, 2025 | +11.8% | +10.5% |
| March 31, 2025 | −6.5% | −4.6% |
| December 31, 2024 | +0.5% | +2.1% |
| September 30, 2024 | +5.5% | +5.4% |
| June 30, 2024 | +3.7% | +4.0% |
| March 31, 2024 | +14.3% | +10.0% |
| December 31, 2023 | +11.7% | +11.2% |
| September 30, 2023 | −2.7% | −3.6% |
| June 30, 2023 | +9.2% | +8.3% |
| March 31, 2023 | +5.2% | +7.0% |
| December 31, 2022 | +8.9% | +7.1% |
| September 30, 2022 | −5.5% | −5.3% |
| June 30, 2022 | −17.4% | −16.5% |
| March 31, 2022 | −5.3% | −4.9% |
| December 31, 2021 | +9.7% | +10.7% |
| September 30, 2021 | −0.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1694217&type=13F-HR&dateb=&owner=include&count=40CIK 1694217
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1694217/000090514826003687/Filed August 14, 2026 · accession 0000905148-26-003687