1y return+12.8%S&P 500 +20.9%
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, 2024: $120 against $127 in the S&P 500.2
Generali Asset Management SPA SGRS&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 | $415.3M | 7.5% | |
| MSFTMicrosoft Corp | $227.7M | 4.1% | |
| GOOGLAlphabet Inc | $180.1M | 3.3% | +1.5% |
| AAPLApple Inc | $165.4M | 3.0% | −2.1% |
| GOOGAlphabet Inc | $150.7M | 2.7% | |
| ARCCAres Capital Corp | $139.9M | 2.5% | |
| MDYState Str Spdr S&p Midcap 40 | $115.9M | 2.1% | +3.6% |
| Astrazeneca PLCCUSIP G0593M107 | $113.5M | 2.1% | −15.7% |
| Ubs Group AgCUSIP H42097107 | $99.8M | 1.8% | −6.1% |
| TSLATesla Inc | $98.9M | 1.8% | |
| AVGOBroadcom Inc | $94.3M | 1.7% | |
| Totalenergies SeCUSIP F92124100 | $86.3M | 1.6% | −6.2% |
| AMZNAmazon Com Inc | $82.0M | 1.5% | −1.7% |
| AMDAdvanced Micro Devices Inc | $81.5M | 1.5% | |
| LLYEli Lilly & Co | $76.5M | 1.4% | +1.8% |
| MUMicron Technology Inc | $67.5M | 1.2% | +6.0% |
| BXSLBlackstone Secd Lending Fd | $61.7M | 1.1% | +3.3% |
| NEMNewmont Corp | $61.7M | 1.1% | +27.1% |
| AEMAgnico Eagle Mines Ltd | $55.5M | 1.0% | +19.0% |
| AMATApplied Matls Inc | $54.2M | 1.0% | +4.7% |
| JPMJpmorgan Chase & Co | $53.5M | 1.0% | +6.3% |
| CATCaterpillar Inc | $53.0M | 1.0% | +8.4% |
| VVisa Inc | $50.5M | 0.9% | +1.3% |
| LRCXLam Research Corp | $50.1M | 0.9% | +5.9% |
| INTCIntel Corp | $48.6M | 0.9% | +6.0% |
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 |
|---|---|---|---|
| Seagate Technology Hldngs PlCUSIP G7997R103 | December 31, 2024 | +1018.1% | $40.3M |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $50.1M |
| AMDAdvanced Micro Devices Inc | December 31, 2024 | +380.9% | $81.5M |
| AMATApplied Matls Inc | December 31, 2024 | +344.6% | $54.2M |
| CATCaterpillar Inc | December 31, 2024 | +193.6% | $53.0M |
| TSMTaiwan Semiconductor Manufac | March 31, 2025 | +187.7% | $33.1M |
| NEMNewmont Corp | December 31, 2024 | +150.9% | $61.7M |
| TDToronto Dominion Bk Ont | December 31, 2024 | +128.1% | $33.4M |
| GEGe Aerospace | December 31, 2024 | +124.1% | $35.9M |
| WPMWheaton Precious Metals Corp | December 31, 2024 | +99.7% | $40.5M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $7.3M
- Hologic IncCUSIP 436440101 was $1.9M
- CFGCitizens Finl Group Inc was $1.6M
- Aptiv PLCCUSIP G3265R107 was $1.6M
- Carnival CorpCUSIP 143658300 was $1.6M
- SNASnap On Inc was $1.5M
- Thomson Reuters CorpCUSIP 884903808 was $1.5M
- TTDThe Trade Desk Inc was $1.4M
- ARESAres Management Corporation was $1.4M
- TOSTToast Inc was $1.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +9.8% | +14.8% |
| March 31, 2026 | −5.7% | −4.6% |
| December 31, 2025 | +2.3% | +2.4% |
| September 30, 2025 | +6.5% | +7.8% |
| June 30, 2025 | +11.3% | +10.5% |
| March 31, 2025 | −4.3% | −4.6% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Generali Asset Management SPA SGR Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2046751&type=13F-HR&dateb=&owner=include&count=40CIK 2046751
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2046751/000112329226001028/Filed July 30, 2026 · accession 0001123292-26-001028