Munich Reinsurance Co Stock Corp in Munich
MUNICH, 2M
$4.6bn in 164 US stocks at the end of 30 June 2026. The top 10 are 31.7% of the money. It changed about 18.3% of the portfolio this quarter.
Value
$4.6bn
Stocks
164
Top 10 share
31.7%
Turnover
18.3%
What changed this quarter
New
Bought for the first time this quarter.
- CVS HealthCVS1.0% of the fund
- Arista NetworksANET1.0% of the fund
- Horton D RDHI0.5% of the fund
- Expedia GroupEXPE0.4% of the fund
- AT&TT0.3% of the fund
- MetLifeMET0.2% of the fund
- CarvanaCVNA0.2% of the fund
- IncyteINCY0.1% of the fund
- CelesticaCLS0.1% of the fund
- Truist FinancialTFC<0.1% of the fund
- Fifth Third BancorpFITB<0.1% of the fund
- GE VernovaGEV<0.1% of the fund
- Iron MountainIRM<0.1% of the fund
- Zimmer Biomet HoldingsZBH<0.1% of the fund
- BCEBCE<0.1% of the fund
- HalliburtonHAL<0.1% of the fund
- TransUnionTRU<0.1% of the fund
- Agnico Eagle MinesAEM<0.1% of the fund
- NutrienNTR<0.1% of the fund
- BallBALL<0.1% of the fund
- Iqvia HoldingsIQV<0.1% of the fund
- Carlisle CompaniesCSL<0.1% of the fund
- Regions FinancialRF<0.1% of the fund
- Coca-ColaKO<0.1% of the fund
- Union PacificUNP<0.1% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT5.9% of the fund+53%
- BroadcomAVGO3.2% of the fund+16%
- MerckMRK2.9% of the fund+38%
- Advanced Micro DevicesAMD2.7% of the fund+10%
- Applied MaterialsAMAT2.3% of the fund+10%
- Deutsche Bank AktiengesellschaftDB2.3% of the fund+125%
- Amazon.comAMZN2.2% of the fund+8%
- Huntington BancsharesHBAN2.0% of the fund+4%
- AppleAAPL1.8% of the fund+8%
- Ferguson EnterprisesFERG1.7% of the fund+2%
- Raymond James FinancialRJF1.6% of the fund+3%
- VisaV1.6% of the fund+70%
- NasdaqNDAQ1.5% of the fund+3%
- American International GroupAIG1.4% of the fund+16%
- L3harris TechnologiesLHX1.2% of the fund+7%
- Automatic Data ProcessingADP1.2% of the fund+43%
- Howmet AerospaceHWM1.2% of the fund+2%
- Meta PlatformsMETA1.1% of the fund+6%
- PaccarPCAR1.1% of the fund+3%
- NetAppNTAP1.0% of the fund+408%
- TJX CompaniesTJX1.0% of the fund+28%
- Intercontinental ExchangeICE0.9% of the fund+36%
- AbbVieABBV0.9% of the fund+4%
- Intuitive SurgicalISRG0.8% of the fund+48%
- AutozoneAZO0.8% of the fund+168%
Cut
Sold some of their stake.
- AlphabetGOOG2.7% of the fund-2%
- Keurig Dr PepperKDP2.2% of the fund-10%
- NXP SemiconductorsNXPI1.7% of the fund-15%
- Crown CastleCCI1.5% of the fund-5%
- T-Mobile USTMUS1.4% of the fund-6%
- Dick's Sporting GoodsDKS1.4% of the fund-8%
- Eli LillyLLY1.3% of the fund-37%
- Elevance HealthELV1.3% of the fund-45%
- EatonETN1.3% of the fund-13%
- Archer-Daniels-MidlandADM1.0% of the fund-3%
- Cadence Design SystemsCDNS1.0% of the fund-3%
- MastercardMA1.0% of the fund-20%
- KLAKLAC0.8% of the fund-47%
- Logitech InternationalLOGI0.6% of the fund-12%
- Palo Alto NetworksPANW0.5% of the fund-78%
- Lam ResearchLRCX0.4% of the fund-11%
- AllstateALL0.3% of the fund-25%
- WatersWAT0.3% of the fund-46%
- Western DigitalWDC0.2% of the fund-52%
- Marvell TechnologyMRVL0.2% of the fund-81%
- Hewlett Packard EnterpriseHPE0.2% of the fund-68%
- FortiveFTV0.2% of the fund-57%
- Sun Life FinancialSLF0.2% of the fund-64%
- TargetTGT0.1% of the fund-6%
- SalesforceCRM0.1% of the fund-19%
Sold out
Sold their entire stake.
- Cisco SystemsCSCO-100%
- Dominion EnergyD-100%
- Honeywell InternationalHON-100%
- AmphenolAPH-100%
- Thermo Fisher ScientificTMO-100%
- Uber TechnologiesUBER-100%
- IntelINTC-100%
- LPL Financial HoldingsLPLA-100%
- eBayEBAY-100%
- BiogenBIIB-100%
- SynopsysSNPS-100%
- ProgressivePGR-100%
- Cooper CompaniesCOO-100%
- PNC Financial Services GroupPNC-100%
- Hartford Insurance GroupHIG-100%
- HDFC BankHDB-100%
- McDonald'sMCD-100%
- Take TWO Interactive SoftwareTTWO-100%
- ZoetisZTS-100%
- Arch Capital GroupACGL-100%
- TKO Group HoldingsTKO-100%
- Omnicom GroupOMC-100%
- Hunt J B Transport ServicesJBHT-100%
- PrologisPLD-100%
- Illinois Tool WorksITW-100%
Holdings
- UnileverUL
- Share
- 2.0%
- Value
- $92m
- Shares
- 1,531,084
Held
- Kinross GoldKGC
- Share
- 0.3%
- Value
- $16m
- Shares
- 662,431
+40%
- Sun Life FinancialSLF
- Share
- 0.2%
- Value
- $7m
- Shares
- 93,369
-64%
- Toronto Dominion BankTD
- Share
- <0.1%
- Value
- $4m
- Shares
- 34,570
+1387%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MicrosoftMSFT | 5.9% | $271m | 726,089 | +53% |
| NvidiaNVDA | 5.0% | $230m | 1,150,001 | Held |
| BroadcomAVGO | 3.2% | $147m | 388,246 | +16% |
| MerckMRK | 2.9% | $133m | 1,038,236 | +38% |
| AlphabetGOOG | 2.7% | $123m | 346,895 | -2% |
| Advanced Micro DevicesAMD | 2.7% | $122m | 210,813 | +10% |
| AlphabetGOOGL | 2.5% | $113m | 316,495 | Held |
| Applied MaterialsAMAT | 2.3% | $107m | 147,637 | +10% |
| Deutsche Bank AktiengesellschaftDB | 2.3% | $104m | 3,064,830 | +125% |
| Keurig Dr PepperKDP | 2.2% | $102m | 3,105,865 | -10% |
| Amazon.comAMZN | 2.2% | $101m | 424,570 | +8% |
| UnileverUL | 2.0% | $92m | 1,531,084 | Held |
| Huntington BancsharesHBAN | 2.0% | $92m | 5,178,309 | +4% |
| AppleAAPL | 1.8% | $83m | 285,352 | +8% |
| Gaming & Leisure PropertiesGLPI | 1.8% | $81m | 1,813,066 | Held |
| Ferguson EnterprisesFERG | 1.7% | $78m | 326,515 | +2% |
| NXP SemiconductorsNXPI | 1.7% | $77m | 273,539 | -15% |
| Marsh & McLennan CompaniesMRSH | 1.7% | $77m | 460,618 | Held |
| Raymond James FinancialRJF | 1.6% | $75m | 491,089 | +3% |
| VisaV | 1.6% | $71m | 207,639 | +70% |
| ChevronCVX | 1.5% | $71m | 427,352 | Held |
| Crown CastleCCI | 1.5% | $71m | 931,312 | -5% |
| M&T BankMTB | 1.5% | $71m | 296,290 | Held |
| NasdaqNDAQ | 1.5% | $70m | 889,447 | +3% |
| American International GroupAIG | 1.4% | $66m | 882,336 | +16% |
| Gilead SciencesGILD | 1.4% | $65m | 514,526 | Held |
| T-Mobile USTMUS | 1.4% | $64m | 380,129 | -6% |
| Dick's Sporting GoodsDKS | 1.4% | $63m | 279,944 | -8% |
| Eli LillyLLY | 1.3% | $62m | 51,279 | -37% |
| Elevance HealthELV | 1.3% | $58m | 150,333 | -45% |
| EatonETN | 1.3% | $57m | 134,636 | -13% |
| L3harris TechnologiesLHX | 1.2% | $55m | 187,642 | +7% |
| Automatic Data ProcessingADP | 1.2% | $54m | 242,250 | +43% |
| Howmet AerospaceHWM | 1.2% | $54m | 199,452 | +2% |
| SempraSRE | 1.1% | $52m | 555,569 | Held |
| Meta PlatformsMETA | 1.1% | $51m | 89,665 | +6% |
| PaccarPCAR | 1.1% | $50m | 419,924 | +3% |
| NetAppNTAP | 1.0% | $48m | 310,200 | +408% |
| CVS HealthCVS | 1.0% | $48m | 459,492 | New |
| Archer-Daniels-MidlandADM | 1.0% | $47m | 621,603 | -3% |
| Arista NetworksANET | 1.0% | $46m | 273,219 | New |
| Cadence Design SystemsCDNS | 1.0% | $46m | 123,206 | -3% |
| TJX CompaniesTJX | 1.0% | $46m | 302,342 | +28% |
| Ares ManagementARES | 1.0% | $45m | 406,937 | Held |
| MastercardMA | 1.0% | $44m | 84,816 | -20% |
| Atmos EnergyATO | 0.9% | $43m | 251,761 | Held |
| WeyerhaeuserWY | 0.9% | $43m | 1,804,788 | Held |
| Intercontinental ExchangeICE | 0.9% | $41m | 331,547 | +36% |
| AbbVieABBV | 0.9% | $40m | 157,348 | +4% |
| Intuitive SurgicalISRG | 0.8% | $38m | 96,745 | +48% |
| KLAKLAC | 0.8% | $37m | 123,978 | -47% |
| AutozoneAZO | 0.8% | $36m | 11,280 | +168% |
| Logitech InternationalLOGI | 0.6% | $27m | 283,272 | -12% |
| Palo Alto NetworksPANW | 0.5% | $23m | 67,942 | -78% |
| Taiwan Semiconductor ManufacturingTSM | 0.5% | $21m | 44,383 | +6% |
| Horton D RDHI | 0.5% | $21m | 128,874 | New |
| Bristol-Myers SquibbBMY | 0.4% | $20m | 347,582 | +10% |
| Synchrony FinancialSYF | 0.4% | $20m | 258,224 | +244% |
| Lam ResearchLRCX | 0.4% | $18m | 42,175 | -11% |
| Johnson & JohnsonJNJ | 0.4% | $17m | 66,880 | +277% |
| Delta Air LinesDAL | 0.4% | $17m | 180,218 | +130% |
| Deckers OutdoorDECK | 0.4% | $17m | 168,273 | +17% |
| Verizon CommunicationsVZ | 0.4% | $16m | 384,958 | Held |
| Expedia GroupEXPE | 0.4% | $16m | 62,830 | New |
| Kinross GoldKGC | 0.3% | $16m | 662,431 | +40% |
| ComcastCMCSA | 0.3% | $15m | 616,597 | +274% |
| AllstateALL | 0.3% | $15m | 62,958 | -25% |
| Charles SchwabSCHW | 0.3% | $15m | 159,656 | +10% |
| CaterpillarCAT | 0.3% | $14m | 13,039 | +2398% |
| Ameriprise FinancialAMP | 0.3% | $13m | 29,232 | +37% |
| WatersWAT | 0.3% | $13m | 35,226 | -46% |
| AT&TT | 0.3% | $12m | 590,868 | New |
| Dollar GeneralDG | 0.2% | $11m | 95,443 | +1359% |
| NewmontNEM | 0.2% | $11m | 114,915 | +21% |
| Western DigitalWDC | 0.2% | $10m | 16,010 | -52% |
| Roper TechnologiesROP | 0.2% | $9m | 26,200 | Held |
| BlackRockBLK | 0.2% | $9m | 9,059 | +2880% |
| Marvell TechnologyMRVL | 0.2% | $8m | 27,689 | -81% |
| Hewlett Packard EnterpriseHPE | 0.2% | $8m | 178,188 | -68% |
| FortiveFTV | 0.2% | $8m | 129,261 | -57% |
| AutodeskADSK | 0.2% | $7m | 38,397 | +14% |
| MetLifeMET | 0.2% | $7m | 86,758 | New |
| Sun Life FinancialSLF | 0.2% | $7m | 93,369 | -64% |
| Best BUYBBY | 0.2% | $7m | 92,464 | +80% |
| Walt DisneyDIS | 0.2% | $7m | 71,798 | +31% |
| CarvanaCVNA | 0.2% | $7m | 104,460 | New |
| TargetTGT | 0.1% | $7m | 51,673 | -6% |
| IncyteINCY | 0.1% | $6m | 57,088 | New |
| KrogerKR | 0.1% | $6m | 109,053 | +5391% |
| CelesticaCLS | 0.1% | $5m | 15,084 | New |
| HPHPQ | 0.1% | $5m | 240,338 | Held |
| SalesforceCRM | 0.1% | $5m | 33,557 | -19% |
| Quest DiagnosticsDGX | 0.1% | $5m | 24,324 | +72% |
| Cbre GroupCBRE | 0.1% | $5m | 35,969 | +59% |
| FabrinetFN | 0.1% | $5m | 8,520 | -11% |
| PTCPTC | 0.1% | $5m | 41,032 | +16% |
| Truist FinancialTFC | <0.1% | $4m | 88,643 | New |
| Cigna GroupCI | <0.1% | $4m | 15,536 | -59% |
| Fifth Third BancorpFITB | <0.1% | $4m | 74,897 | New |
| Toronto Dominion BankTD | <0.1% | $4m | 34,570 | +1387% |
Showing the largest 100 of 164.
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 14.7% since 30 September 2025.
Where the money is
Technology30.3%
Financial services19.0%
Health care11.4%
Media & telecom8.8%
Industrials8.7%
Retail & consumer7.0%
Real estate4.5%
Everyday goods3.8%
Utilities2.1%
Energy1.6%
Materials0.7%
Other2.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.