Zurich Insurance Ltd/fi 13F annual report

Zurich Insurance Ltd/fi is an investment fund managing more than $11.5 trillion ran by Stephan Vliet. There are currently 212 companies in Mr. Vliet’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $1.56 trillion.

$11.5 trillion Assets Under Management (AUM)

As of 7th August 2024, Zurich Insurance Ltd/fi’s top holding is 1,818,784 shares of Microsoft currently worth over $813 billion and making up 7.0% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Zurich Insurance Ltd/fi owns more than approximately 0.1% of the company. In addition, the fund holds 3,536,434 shares of Apple Inc worth $745 billion, whose value grew 20.2% in the past six months. The third-largest holding is NVIDIA Corp worth $679 billion and the next is Alphabet Inc worth $557 billion, with 3,058,263 shares owned.

Currently, Zurich Insurance Ltd/fi's portfolio is worth at least $11.5 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Zurich Insurance Ltd/fi

The Zurich Insurance Ltd/fi office and employees reside in Zurich, Switzerland. According to the last 13-F report filed with the SEC, Stephan Vliet serves as the Group Chief Investment Officer at Zurich Insurance Ltd/fi.

Recent trades

In the most recent 13F filing, Zurich Insurance Ltd/fi revealed that it had opened a new position in Equitable Inc and bought 2,696,427 shares worth $110 billion. This means they effectively own approximately 0.1% of the company. Equitable Inc makes up 11.1% of the fund's Finance sector allocation and has grown its share price by 37.9% in the past year.

The investment fund also strengthened its position in Microsoft by buying 105,479 additional shares. This makes their stake in Microsoft total 1,818,784 shares worth $813 billion. Microsoft soared 27.8% in the past year.

On the other hand, there are companies that Zurich Insurance Ltd/fi is getting rid of from its portfolio. Zurich Insurance Ltd/fi closed its position in Uber Technologies Inc on 14th August 2024. It sold the previously owned 1,209,737 shares for $93.1 billion. Stephan Vliet also disclosed a decreased stake in Meta Platforms Inc by 0.1%. This leaves the value of the investment at $347 billion and 687,874 shares.

One of the largest hedge funds

The two most similar investment funds to Zurich Insurance Ltd/fi are Pendal Ltd and Axiom Investors de. They manage $11.6 trillion and $11.5 trillion respectively.


Stephan Vliet investment strategy

Zurich Insurance Ltd/fi’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 31.4% of the total portfolio value. The fund focuses on investments in the United States as 64.6% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 58% of the total holdings value. On the other hand, small-cap stocks make up only 2.4% of the portfolio. The average market cap of the portfolio companies is close to $113 billion.

The complete list of Zurich Insurance Ltd/fi trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Microsoft Corporation
6.16%
1,818,784
$812,905,509,000 7.04%
Apple Inc
25.57%
3,536,434
$744,843,729,000 6.46%
NVIDIA Corp
970.03%
5,492,790
$678,579,277,000 5.88%
Alphabet Inc
1.91%
3,058,263
$557,062,605,000 4.83%
Amazon.com Inc.
2.51%
2,722,578
$526,138,199,000 4.56%
Meta Platforms Inc
10.10%
687,874
$346,839,828,000 3.01%
Eli Lilly & Co
25.92%
295,795
$267,806,877,000 2.32%
Broadcom Inc
39.87%
134,589
$216,086,677,000 1.87%
JPMorgan Chase & Co.
16.47%
921,412
$186,364,791,000 1.62%
Oracle Corp.
19.67%
1,252,122
$176,799,626,000 1.53%
Boston Scientific Corp.
57.89%
2,047,710
$157,694,147,000 1.37%
Walmart Inc
41.31%
2,177,305
$147,425,322,000 1.28%
Bank America Corp
70.15%
3,641,002
$144,802,650,000 1.25%
Exxon Mobil Corp.
29.54%
1,248,043
$143,674,710,000 1.25%
Netflix Inc.
0.13%
205,595
$138,751,954,000 1.20%
Merck & Co Inc
23.46%
1,061,531
$131,417,538,000 1.14%
Adobe Inc
14.70%
221,249
$122,912,669,000 1.07%
Texas Instrs Inc
68.41%
631,764
$122,897,051,000 1.07%
Thermo Fisher Scientific Inc.
1.90%
220,314
$121,833,642,000 1.06%
GE Aerospace
9.33%
764,018
$121,455,941,000 1.05%
Danaher Corp.
6.72%
470,687
$117,601,147,000 1.02%
Mastercard Incorporated
8.68%
265,596
$117,170,331,000 1.02%
Progressive Corp.
75.35%
547,512
$113,723,718,000 0.99%
Applied Matls Inc
0.07%
477,704
$112,733,367,000 0.98%
Equitable Holdings Inc
Opened
2,696,427
$110,176,007,000 0.95%
Berkshire Hathaway Inc.
1.81%
266,943
$108,592,412,000 0.94%
Core & Main, Inc.
0.32%
2,179,765
$106,677,699,000 0.92%
Reinsurance Grp Of America I
681.81%
507,840
$104,244,317,000 0.90%
Clean Harbors, Inc.
6.03%
459,829
$103,990,328,000 0.90%
Regeneron Pharmaceuticals, Inc.
74.35%
92,350
$97,062,621,000 0.84%
Lam Research Corp.
14.49%
90,500
$96,368,925,000 0.84%
Waste Connections Inc
1.84%
545,306
$95,624,860,000 0.83%
Uber Technologies Inc
Closed
1,209,737
$93,137,652,000
CRH Plc
29.98%
1,236,130
$92,513,245,000 0.80%
Costco Whsl Corp New
1.85%
108,017
$91,813,370,000 0.80%
WestRock Co
52.90%
1,802,539
$90,595,610,000 0.79%
KLA Corp.
10.12%
109,545
$90,320,948,000 0.78%
Travelers Companies Inc.
Closed
383,201
$88,189,878,000
Lauder Estee Cos Inc
Closed
557,858
$85,993,811,000
Linde Plc.
86.38%
195,378
$85,733,820,000 0.74%
Visa Inc
44.36%
324,569
$85,189,625,000 0.74%
Abbvie Inc
31.57%
492,110
$84,406,707,000 0.73%
Chipotle Mexican Grill
4,991.94%
1,340,250
$83,966,663,000 0.73%
DuPont de Nemours Inc
Opened
1,037,890
$83,539,766,000 0.72%
KKR & Co. Inc
11.66%
771,025
$81,142,671,000 0.70%
Transdigm Group Incorporated
15.47%
63,161
$80,695,125,000 0.70%
Marathon Pete Corp
Closed
394,067
$79,404,501,000
TransUnion
1.90%
1,054,952
$78,235,240,000 0.68%
Stryker Corp.
1.83%
229,573
$78,112,213,000 0.68%
Mckesson Corporation
38.52%
133,141
$77,759,670,000 0.67%
Carlisle Cos Inc
1.86%
191,738
$77,694,155,000 0.67%
Resmed Inc.
5.81%
404,939
$77,513,423,000 0.67%
Intuit Inc
17.91%
115,767
$76,083,230,000 0.66%
Ingersoll Rand Inc.
24.27%
809,874
$73,568,954,000 0.64%
Aon plc.
Closed
219,237
$73,163,772,000
Motorola Solutions Inc
13.86%
188,463
$72,756,141,000 0.63%
Targa Res Corp
Opened
561,769
$72,344,612,000 0.63%
Workday Inc
Closed
260,261
$70,986,188,000
First Ctzns Bancshares Inc N
225.18%
42,159
$70,979,314,000 0.62%
Apollo Global Mgmt Inc
2.17%
589,091
$69,553,974,000 0.60%
APi Group Corporation
15.50%
1,846,510
$69,484,171,000 0.60%
Salesforce Inc
50.00%
241,824
$62,172,950,000 0.54%
Analog Devices Inc.
20.60%
269,889
$61,604,863,000 0.53%
Lululemon Athletica inc.
Closed
155,092
$60,586,690,000
Axon Enterprise Inc
1.90%
205,015
$60,323,614,000 0.52%
Public Svc Enterprise Grp In
94.16%
817,949
$60,282,841,000 0.52%
Jefferies Finl Group Inc
13.73%
1,204,176
$59,919,798,000 0.52%
T-Mobile US, Inc.
27.00%
338,677
$59,668,114,000 0.52%
Dexcom Inc
Closed
429,471
$59,567,628,000
Chevron Corp.
Opened
370,744
$57,991,776,000 0.50%
Lincoln Elec Hldgs Inc
Closed
226,846
$57,945,542,000
Dollar Gen Corp New
Closed
362,467
$56,566,600,000
Cencora Inc.
1.83%
248,931
$56,084,154,000 0.49%
Intuitive Surgical Inc
Opened
124,671
$55,459,894,000 0.48%
Host Hotels & Resorts Inc
Closed
2,643,272
$54,662,865,000
PTC Inc
14.15%
287,194
$52,174,534,000 0.45%
Fiserv, Inc.
38.64%
345,983
$51,565,306,000 0.45%
ServiceNow Inc
15.56%
65,514
$51,537,898,000 0.45%
NextEra Energy Inc
Closed
790,110
$50,495,930,000
Brixmor Ppty Group Inc
Opened
2,145,772
$49,545,875,000 0.43%
Diamondback Energy Inc
47.71%
239,018
$47,849,013,000 0.41%
Healthpeak Properties Inc.
Opened
2,436,450
$47,754,420,000 0.41%
Canadian Pacific Kansas City
Closed
522,243
$46,046,165,000
Spdr Ser Tr
No change
2,885,198
$77,622,773,000 0.67%
Goldman Sachs Group, Inc.
71.65%
99,293
$44,912,210,000 0.39%
Lennar Corp.
17.05%
298,094
$44,675,348,000 0.39%
S&P Global Inc
170.48%
98,938
$44,126,348,000 0.38%
Ventas Inc
217.41%
856,525
$43,905,472,000 0.38%
Morgan Stanley
Opened
451,180
$43,850,184,000 0.38%
Wells Fargo Co New
67.35%
734,102
$43,598,318,000 0.38%
Ulta Beauty Inc
Closed
82,240
$43,001,651,000
Vertex Pharmaceuticals, Inc.
Opened
91,318
$42,802,573,000 0.37%
Microchip Technology, Inc.
Opened
464,900
$42,538,350,000 0.37%
Weatherford Intl Plc
40.54%
347,135
$42,506,681,000 0.37%
NVR Inc.
1.92%
5,310
$40,295,254,000 0.35%
Fidelity Natl Information Sv
Opened
531,173
$40,029,197,000 0.35%
Vanguard Scottsdale Fds
No change
980,369
$60,844,495,000 0.53%
Qualcomm, Inc.
32.34%
197,901
$39,417,921,000 0.34%
AMGEN Inc.
591.68%
125,886
$39,333,081,000 0.34%
PVH Corp
1.90%
365,805
$38,727,775,000 0.34%
Manulife Finl Corp
Opened
1,345,197
$35,805,741,000 0.31%
Xcel Energy Inc.
Closed
662,755
$35,623,081,000
Tidewater Inc.
Closed
383,351
$35,268,292,000
Ishares Tr
2.84%
1,193,269
$80,541,360,000 0.70%
Ferrari N.V.
20.35%
83,729
$34,154,738,000 0.30%
Vanguard Index Fds
17.26%
67,541
$32,987,092,000 0.29%
Verizon Communications Inc
Closed
766,733
$32,172,117,000
Godaddy Inc
Opened
220,350
$30,785,099,000 0.27%
AES Corp.
Opened
1,749,942
$30,746,481,000 0.27%
Ge Vernova Inc
Opened
178,034
$30,534,611,000 0.26%
Deckers Outdoor Corp.
1.91%
31,159
$30,160,354,000 0.26%
Equinix Inc
97.94%
38,384
$29,041,334,000 0.25%
Alcon Ag
41.26%
316,799
$28,281,344,000 0.25%
American Express Co.
Closed
120,702
$27,482,638,000
Avalonbay Cmntys Inc
Opened
129,318
$26,754,601,000 0.23%
Freeport-McMoRan Inc
64.60%
534,422
$25,972,909,000 0.23%
Conocophillips
26.13%
221,708
$25,358,961,000 0.22%
Citigroup Inc
Closed
378,639
$23,945,130,000
Stellantis N.V
7.86%
1,188,557
$23,528,817,000 0.20%
Disney Walt Co
54.78%
236,585
$23,490,525,000 0.20%
Sempra
Opened
303,131
$23,056,144,000 0.20%
Biogen Inc
Opened
98,642
$22,867,188,000 0.20%
American Intl Group Inc
Closed
291,633
$22,796,952,000
Ecolab, Inc.
740.88%
94,178
$22,414,364,000 0.19%
Eaton Corp Plc
68.94%
69,297
$21,728,074,000 0.19%
Johnson & Johnson
366.58%
145,105
$21,208,547,000 0.18%
UBS Group AG
33.96%
708,352
$20,850,111,000 0.18%
Baker Hughes Company
Opened
590,770
$20,777,381,000 0.18%
Ryder Sys Inc
Closed
172,501
$20,732,895,000
Zoetis Inc
Opened
116,778
$20,244,634,000 0.18%
EQT Corp
Opened
539,471
$19,949,638,000 0.17%
Chesapeake Energy Corp.
Closed
221,090
$19,639,425,000
Corteva Inc
Closed
332,519
$19,176,371,000
MetLife, Inc.
Closed
251,027
$18,603,611,000
Constellation Energy Corp
14.01%
86,002
$17,223,621,000 0.15%
Brown & Brown, Inc.
Opened
180,586
$16,146,194,000 0.14%
Select Sector Spdr Tr
81.75%
143,173
$19,989,028,000 0.17%
Spdr S&p 500 Etf Tr
14.74%
22,189
$11,509,878,000 0.10%
Synchrony Financial
Opened
232,500
$10,971,675,000 0.10%
Dell Technologies Inc
Opened
74,586
$10,286,155,000 0.09%
Western Digital Corp.
Opened
129,456
$9,808,881,000 0.09%
Flutter Entmt Plc
69.92%
40,148
$7,339,112,000 0.06%
HDFC Bank Ltd.
30.18%
101,724
$6,543,905,000 0.06%
Unitedhealth Group Inc
No change
11,700
$5,958,342,000 0.05%
Ishares Tr
Opened
10,270
$5,352,005,000 0.05%
Home Depot, Inc.
No change
14,302
$4,923,320,000 0.04%
Procter And Gamble Co
No change
29,470
$4,860,192,000 0.04%
Coca-cola Europacific Partne
Opened
65,986
$4,808,400,000 0.04%
Select Sector Spdr Tr
Closed
82,802
$8,335,486,000
Ferrovial Se
Opened
117,311
$4,557,836,000 0.04%
Advanced Micro Devices Inc.
Closed
23,300
$4,205,417,000
Vanguard World Fd
44.85%
89,359
$13,444,499,000 0.12%
Accenture Plc Ireland
No change
13,400
$4,065,694,000 0.04%
Cisco Sys Inc
No change
79,800
$3,791,298,000 0.03%
Ishares Inc
Closed
98,840
$4,861,732,000
Ishares Inc
No change
68,690
$3,363,749,000 0.03%
Blackrock Inc.
No change
3,600
$2,834,352,000 0.02%
General Mtrs Co
No change
59,800
$2,778,308,000 0.02%
Comcast Corp New
No change
66,800
$2,615,888,000 0.02%
Fedex Corp
No change
8,400
$2,518,656,000 0.02%
Bristol-Myers Squibb Co.
No change
59,800
$2,483,494,000 0.02%
Sherwin-Williams Co.
No change
8,200
$2,447,126,000 0.02%
Amphenol Corp.
100.00%
35,000
$2,357,950,000 0.02%
Mondelez International Inc.
No change
35,832
$2,344,846,000 0.02%
TE Connectivity Ltd
No change
14,700
$2,211,321,000 0.02%
Ppg Inds Inc
No change
17,366
$2,186,206,000 0.02%
Elevance Health Inc
No change
4,000
$2,167,440,000 0.02%
Paccar Inc.
No change
20,850
$2,146,299,000 0.02%
Genuine Parts Co.
No change
15,500
$2,143,960,000 0.02%
Corning, Inc.
No change
54,400
$2,113,440,000 0.02%
Gilead Sciences, Inc.
No change
30,700
$2,106,327,000 0.02%
Lockheed Martin Corp.
No change
4,500
$2,101,950,000 0.02%
Fluor Corp New
91.87%
48,125
$2,095,844,000 0.02%
Caterpillar Inc.
No change
6,200
$2,065,220,000 0.02%
Fox Corporation
No change
58,600
$2,014,082,000 0.02%
Hewlett Packard Enterprise C
No change
95,000
$2,011,150,000 0.02%
Vanguard Intl Equity Index F
69.80%
29,900
$2,006,290,000 0.02%
Abbott Labs
No change
19,000
$1,974,290,000 0.02%
Honeywell International Inc
No change
9,200
$1,964,568,000 0.02%
Church & Dwight Co., Inc.
No change
18,700
$1,938,816,000 0.02%
Snap-on, Inc.
No change
7,400
$1,934,286,000 0.02%
Colgate-Palmolive Co.
No change
19,900
$1,931,096,000 0.02%
CDW Corp
No change
8,600
$1,925,024,000 0.02%
International Business Machs
No change
11,100
$1,919,745,000 0.02%
Watsco, Inc.
No change
4,100
$1,899,284,000 0.02%
Mcdonalds Corp
No change
7,300
$1,860,332,000 0.02%
Cardinal Health, Inc.
97.31%
18,800
$1,848,416,000 0.02%
Parker-Hannifin Corp.
No change
3,600
$1,820,916,000 0.02%
Cognizant Technology Solutio
No change
26,500
$1,802,000,000 0.02%
Target Corp
No change
12,000
$1,776,480,000 0.02%
CSX Corp.
No change
52,600
$1,759,470,000 0.02%
Archer Daniels Midland Co.
No change
29,000
$1,753,050,000 0.02%
Otis Worldwide Corporation
No change
18,200
$1,751,932,000 0.02%
United Rentals, Inc.
No change
2,700
$1,746,171,000 0.02%
General Mls Inc
No change
27,160
$1,718,142,000 0.01%
Gen Digital Inc
No change
66,900
$1,671,162,000 0.01%
Coca-cola Femsa Sab De Cv
No change
19,300
$1,656,712,000 0.01%
Avery Dennison Corp.
No change
7,200
$1,574,280,000 0.01%
Quest Diagnostics, Inc.
No change
11,500
$1,574,120,000 0.01%
CVS Health Corp
No change
26,500
$1,565,090,000 0.01%
Owens Corning
No change
9,000
$1,563,480,000 0.01%
Darden Restaurants, Inc.
No change
10,000
$1,513,200,000 0.01%
RPM International, Inc.
No change
13,900
$1,496,752,000 0.01%
Cummins Inc.
No change
5,400
$1,495,422,000 0.01%
Installed Bldg Prods Inc
No change
7,100
$1,460,328,000 0.01%
Reliance Inc.
No change
4,900
$1,399,440,000 0.01%
Aptargroup Inc.
No change
9,900
$1,394,019,000 0.01%
Packaging Corp Amer
No change
7,600
$1,387,456,000 0.01%
Masco Corp.
No change
20,500
$1,366,735,000 0.01%
Johnson Ctls Intl Plc
No change
20,200
$1,342,694,000 0.01%
Juniper Networks Inc
No change
36,800
$1,341,728,000 0.01%
Interpublic Group Cos Inc
No change
45,900
$1,335,231,000 0.01%
Pentair plc
No change
17,400
$1,334,058,000 0.01%
ITT Inc
No change
10,200
$1,317,636,000 0.01%
Smith A O Corp
No change
16,000
$1,308,480,000 0.01%
Ingredion Inc
No change
11,400
$1,307,580,000 0.01%
East West Bancorp, Inc.
No change
17,300
$1,266,879,000 0.01%
Sysco Corp.
No change
17,700
$1,263,603,000 0.01%
Skyworks Solutions, Inc.
No change
11,500
$1,225,670,000 0.01%
Franklin Resources, Inc.
No change
54,700
$1,222,545,000 0.01%
J P Morgan Exchange Traded F
Closed
21,165
$1,220,586,000
Gentex Corp.
No change
36,200
$1,220,302,000 0.01%
Allegion plc
No change
10,200
$1,205,130,000 0.01%
Enact Holdings Inc
No change
38,400
$1,177,344,000 0.01%
Price T Rowe Group Inc
No change
10,200
$1,176,162,000 0.01%
LKQ Corp
No change
27,900
$1,160,361,000 0.01%
HP Inc
No change
32,900
$1,152,158,000 0.01%
Omnicom Group, Inc.
No change
12,500
$1,121,250,000 0.01%
Molson Coors Beverage Company
No change
21,800
$1,108,094,000 0.01%
Campbell Soup Co.
No change
24,500
$1,107,155,000 0.01%
Tempur Sealy International Inc
No change
23,200
$1,098,288,000 0.01%
Smucker J M Co
No change
9,700
$1,057,688,000 0.01%
Fortune Brands Innovations I
No change
16,200
$1,052,028,000 0.01%
AGCO Corp.
No change
10,600
$1,037,528,000 0.01%
Amdocs Ltd
No change
13,100
$1,033,852,000 0.01%
Vipshop Hldgs Ltd
No change
73,200
$953,064,000 0.01%
Best Buy Co. Inc.
No change
10,300
$868,187,000 0.01%
VanEck ETF Trust
94.59%
7,748
$681,592,000 0.01%
Spdr Ser Tr
Closed
12,516
$627,928,000
Polaris Inc
No change
6,600
$516,846,000 0.00%
Logitech Intl S A
Closed
4,935
$441,828,000
Qiagen NV
No change
5,004
$206,697,000 0.00%
Ishares Tr
Closed
12,799
$358,006,000
No transactions found
Showing first 500 out of 243 holdings