Q3 2026 13F · SEC CIK 2046751

Generali Asset Management SPA SGR

Asset managerFiled 2026-10-26 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $5.7B
Reported positions: 504
Holdings vs S&P 500, 3 yrs: —
Average holding period: 1.9 yrs

Generali Asset Management SPA SGR is an asset manager that reported 504 positions worth $5.7B in its Q3 2026 13F, filed 2026-10-26. Its largest holdings were Nvidia Corporation (NVDA, 8.5%), Microsoft Corp (MSFT, 5.4%), Apple Inc (AAPL, 3.5%).

Generali Asset Management SPA SGR holdings largest 50 of 504 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Generali Asset Management SPA SGR 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
NVDANvidia Corporation	8.5%	7.5%	2,145,149	+3.3%	$489.9M
MSFTMicrosoft Corp	5.4%	4.1%	608,573	-0.3%	$312.1M
AAPLApple Inc	3.5%	3.0%	597,072	+4.5%	$198.8M
GOOGLAlphabet Inc	3.1%	3.3%	520,287	+3.2%	$179.0M
ARCCAres Capital Corp	2.6%	2.5%	7,950,908	+5.3%	$151.9M
GOOGAlphabet Inc	2.6%	2.7%	436,905	+2.5%	$148.9M
MDYState Str Spdr S&p Midcap 40	2.1%	2.1%	179,949	+9.2%	$118.2M
AZNAstrazeneca PLC	1.8%	2.1%	848,365	+5.4%	$104.2M
AMZNAmazon Com Inc	1.7%	1.5%	391,751	+13.9%	$97.6M
AVGOBroadcom Inc	1.6%	1.7%	264,230	+5.8%	$92.8M
NEMNewmont Corp	1.6%	1.1%	791,927	+20.0%	$91.3M
UBSUbs Group AG	1.6%	1.8%	2,207,465	-11.4%	$88.9M
TTETotalenergies SE	1.5%	1.6%	1,162,304	-8.4%	$88.0M
AMDAdvanced Micro Devices Inc	1.5%	1.5%	143,136	+2.0%	$87.6M
TSLATesla Inc	1.5%	1.8%	246,452	+4.8%	$87.4M
LLYEli Lilly & Co	1.4%	1.4%	68,033	+6.7%	$78.7M
BXSLBlackstone Secd Lending Fd	1.2%	1.1%	2,755,004	+5.9%	$66.1M
MUMicron Technology Inc	1.1%	1.2%	60,420	+3.3%	$64.4M
JPMJpmorgan Chase & Co	1.0%	1.0%	178,540	+9.2%	$59.1M
VVisa Inc	1.0%	0.9%	153,455	+4.3%	$55.1M
MRKMerck & Co Inc	0.8%	0.7%	321,336	+5.9%	$46.7M
AEMAgnico Eagle Mines Ltd	0.8%	1.0%	207,554	-29.5%	$46.3M
WPMWheaton Precious Metals Corp	0.8%	0.7%	309,244	-2.8%	$46.3M
OBDCBlue Owl Capital Corp.	0.8%	0.9%	4,377,778	+0.6%	$45.9M
MAMastercard Incorporated	0.8%	0.8%	82,749	+0.1%	$45.6M
INTCIntel Corp	0.8%	0.9%	364,094	+4.6%	$43.8M
RACEFerrari N V	0.8%	0.7%	125,318	+5.4%	$43.4M
EWJIshares Inc	0.7%	0.7%	416,143	-2.6%	$40.6M
CATCaterpillar Inc	0.7%	1.0%	50,010	+0.4%	$40.5M
STXSeagate Technology Hldngs Pl	0.7%	0.7%	41,286	-1.2%	$38.1M
AMATApplied Matls Inc	0.7%	1.0%	73,987	-1.2%	$37.8M
COINCoinbase Global Inc	0.7%	—	201,885	—	$37.6M
METAMeta Platforms Inc	0.7%	0.5%	51,812	-0.8%	$37.6M
LRCXLam Research Corp	0.7%	0.9%	114,058	-1.3%	$37.5M
MSTRStrategy Inc	0.6%	—	237,930	—	$36.4M
TDToronto Dominion Bk Ont	0.6%	0.6%	202,880	+4.7%	$33.9M
GBDCGolub Cap Bdc Inc Com	0.6%	0.6%	2,630,739	+0.0%	$33.2M
TSMTaiwan Semiconductor Manufac	0.6%	0.6%	70,866	+2.1%	$32.3M
GEGe Aerospace	0.6%	0.6%	101,833	+6.1%	$31.8M
SPOTSpotify Technology SA	0.6%	0.5%	66,024	-0.2%	$31.7M
GSGoldman Sachs Group Inc	0.5%	0.5%	32,420	+19.9%	$29.2M
MRVLMarvell Technology Inc	0.5%	0.5%	108,408	+6.4%	$28.6M
BIZDVaneck ETF Trust	0.5%	0.5%	2,200,000	+0.0%	$28.4M
PGProcter & Gamble Co	0.5%	0.5%	195,182	+6.6%	$28.4M
FSKFs Kkr Capital Corp	0.5%	0.5%	2,546,341	+0.7%	$28.0M
BRK-BBerkshire Hathaway Inc Del	0.5%	—	55,949	—	$27.9M
MSMorgan Stanley	0.5%	0.6%	147,816	+1.1%	$27.8M
BACBank of Amer Corp	0.5%	0.5%	498,740	+11.9%	$27.1M
CCitigroup Inc	0.5%	—	204,374	—	$26.5M
GSBDGoldman Sachs BDC Inc	0.5%	0.6%	2,867,525	-12.9%	$26.1M

What Generali Asset Management SPA SGR bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

NEM Newmont Corp+20.0% shares
GS Goldman Sachs Group Inc+19.9% shares
AMZN Amazon Com Inc+13.9% shares
BAC Bank of Amer Corp+11.9% shares
JPM Jpmorgan Chase & Co+9.2% shares
MDY State Str Spdr S&p Midcap 40+9.2% shares
LLY Eli Lilly & Co+6.7% shares
PG Procter & Gamble Co+6.6% shares

Reduced

Left the top 50

LIN Linde PLCwas 0.6%
HD Home Depot Incwas 0.5%
MSDL Morgan Stanley Direct Lending Fundwas 0.5%
BMO Bank of Montrealwas 0.5%

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.2% /yr; S&P 500 +20.1%
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$5.7B	504
Q2 2026	$5.5B	526
Q1 2026	$4.8B	484
Q4 2025	$4.9B	483
Q3 2025	$4.7B	499
Q2 2025	$4.4B	498
Q1 2025	$4.1B	494
Q4 2024	$3.9B	479

Questions about Generali Asset Management SPA SGR's portfolio

What stocks does Generali Asset Management SPA SGR own?

Generali Asset Management SPA SGR's latest 13F, for Q3 2026 and filed Oct 26, 2026, lists 504 positions worth $5.7B. The largest are Nvidia Corporation (NVDA) at 8.5%, Microsoft Corp (MSFT) at 5.4%, Apple Inc (AAPL) at 3.5%, Alphabet Inc (GOOGL) at 3.1% and Ares Capital Corp (ARCC) at 2.6%.

What did Generali Asset Management SPA SGR buy last quarter?

In Q3 2026, Generali Asset Management SPA SGR added Newmont Corp (NEM) (+20.0% shares), Goldman Sachs Group Inc (GS) (+19.9% shares) and Amazon Com Inc (AMZN) (+13.9% shares), compared with its Q2 2026 filing.

What did Generali Asset Management SPA SGR sell last quarter?

In Q3 2026, Generali Asset Management SPA SGR cut from its top 50 Linde PLC (LIN), cut from its top 50 Home Depot Inc (HD), cut from its top 50 Morgan Stanley Direct Lending Fund (MSDL), cut from its top 50 Bank of Montreal (BMO), Agnico Eagle Mines Ltd (AEM) (-29.5% shares), Goldman Sachs BDC Inc (GSBD) (-12.9% shares) and Ubs Group AG (UBS) (-11.4% shares), compared with its Q2 2026 filing.

When is Generali Asset Management SPA SGR's next 13F filing due?

13F filings are due 45 days after each quarter ends. Generali Asset Management SPA SGR's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.