# Mediolanum International Funds Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2022028. Source: https://holderbook.com/funds/2022028-mediolanum-international-funds-ltd/

- Reported value: $11.7B
- Positions: 452
- Weight of the ten largest: 32.9%
- Filed: 2026-07-23

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $700.3M | 3,591,853 | 6.0% | 10 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $674.6M | 2,394,438 | 5.8% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $461.3M | 1,251,706 | 3.9% | 10 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $358.8M | 963,484 | 3.1% | 10 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $347.8M | 983,532 | 3.0% | 10 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $315.7M | 1,314,785 | 2.7% | 10 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $293.8M | 836,230 | 2.5% | 10 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $249.3M | 202,670 | 2.1% | 10 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $228.2M | 199,270 | 2.0% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $217.8M | 387,085 | 1.9% | 10 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $160.4M | 297,342 | 1.4% | 10 |
| LAM RESEARCH CORP | [LRCXXXXX](https://holderbook.com/stocks/LRCXXXXX/) | $143.7M | 349,671 | 1.2% | 7 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $140.9M | 136,412 | 1.2% | 10 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $127.6M | 373,555 | 1.1% | 10 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $118.2M | 287,102 | 1.0% | 10 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $118.2M | 124,870 | 1.0% | 10 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $114.1M | 271,734 | 1.0% | 10 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $112.4M | 300,731 | 1.0% | 10 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $109.3M | 1,322,773 | 0.9% | 10 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $107.4M | 326,002 | 0.9% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $102.7M | 397,098 | 0.9% | 10 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $101.2M | 882,962 | 0.9% | 10 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $95.1M | 807,910 | 0.8% | 10 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $93.2M | 654,362 | 0.8% | 7 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $92.3M | 487,420 | 0.8% | 1 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $89.9M | 129,428 | 0.8% | 10 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $73.8M | 324,118 | 0.6% | 5 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $72.3M | 259,646 | 0.6% | 10 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $72.2M | 547,770 | 0.6% | 10 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $71.9M | 141,001 | 0.6% | 10 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $71.4M | 288,886 | 0.6% | 10 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $64.1M | 495,800 | 0.5% | 10 |
| ARISTA NETWORKS INC | [ANETXXXX](https://holderbook.com/stocks/ANETXXXX/) | $63.4M | 386,282 | 0.5% | 10 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $61.0M | 62,973 | 0.5% | 2 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $59.4M | 356,906 | 0.5% | 10 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $57.4M | 741,913 | 0.5% | 10 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $57.1M | 51,773 | 0.5% | 7 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $54.9M | 1,111,179 | 0.5% | 10 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $54.4M | 939,739 | 0.5% | 10 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $52.5M | 695,788 | 0.4% | 10 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $52.5M | 80,471 | 0.4% | 4 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $51.6M | 74,601 | 0.4% | 2 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $49.8M | 366,197 | 0.4% | 10 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $49.3M | 475,762 | 0.4% | 10 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $46.8M | 637,580 | 0.4% | 2 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $46.5M | 630,392 | 0.4% | 10 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $46.4M | 93,586 | 0.4% | 10 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $46.4M | 400,837 | 0.4% | 10 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $45.2M | 90,588 | 0.4% | 10 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $43.1M | 129,540 | 0.4% | 9 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $43.0M | 150,689 | 0.4% | 10 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $42.9M | 234,601 | 0.4% | 10 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $42.1M | 278,308 | 0.4% | 10 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $40.6M | 406,253 | 0.3% | 10 |
| KNIGHT-SWIFT TRANSN HLDGS IN | [KNX](https://holderbook.com/stocks/KNX/) | $40.3M | 515,386 | 0.3% | 1 |
| CITIZENS FINL GROUP INC | [CFG](https://holderbook.com/stocks/CFG/) | $39.7M | 564,057 | 0.3% | 7 |
| CAVA GROUP INC | [CAVA](https://holderbook.com/stocks/CAVA/) | $39.6M | 483,958 | 0.3% | 1 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $39.5M | 267,351 | 0.3% | 10 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $39.4M | 175,340 | 0.3% | 10 |
| CORPAY INC | [CPAY](https://holderbook.com/stocks/CPAY/) | $38.6M | 115,154 | 0.3% | 10 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $38.6M | 156,355 | 0.3% | 7 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $38.0M | 419,336 | 0.3% | 10 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $37.2M | 250,538 | 0.3% | 10 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $36.8M | 130,515 | 0.3% | 10 |
| HALLIBURTON CO | [HAL](https://holderbook.com/stocks/HAL/) | $36.7M | 1,077,998 | 0.3% | 10 |
| FLEX LNG LTD | [FLNG](https://holderbook.com/stocks/FLNG/) | $36.7M | 230,165 | 0.3% | 2 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $36.0M | 91,927 | 0.3% | 10 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $35.8M | 384,271 | 0.3% | 10 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $35.6M | 125,437 | 0.3% | 2 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $35.3M | 128,365 | 0.3% | 3 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $35.0M | 130,874 | 0.3% | 10 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $34.4M | 112,143 | 0.3% | 10 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $34.0M | 552,420 | 0.3% | 10 |
| MEDLINE INC | [MDLN](https://holderbook.com/stocks/MDLN/) | $34.0M | 858,497 | 0.3% | 1 |
| COMFORT SYS USA INC | [FIX](https://holderbook.com/stocks/FIX/) | $33.3M | 17,079 | 0.3% | 3 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $33.3M | 239,873 | 0.3% | 10 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $33.2M | 213,874 | 0.3% | 10 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $32.9M | 91,350 | 0.3% | 10 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $32.6M | 352,546 | 0.3% | 10 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $32.4M | 437,462 | 0.3% | 10 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $32.0M | 92,951 | 0.3% | 10 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $32.0M | 545,919 | 0.3% | 10 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $31.4M | 1,295,863 | 0.3% | 10 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $31.3M | 397,632 | 0.3% | 2 |
| BIRKENSTOCK HOLDING PLC | [BIRK](https://holderbook.com/stocks/BIRK/) | $31.2M | 717,852 | 0.3% | 1 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $31.2M | 41,945 | 0.3% | 10 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $30.1M | 318,978 | 0.3% | 6 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $30.1M | 67,398 | 0.3% | 10 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $29.9M | 117,411 | 0.3% | 10 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $29.8M | 335,270 | 0.3% | 7 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $29.8M | 109,738 | 0.3% | 10 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $29.7M | 708,369 | 0.3% | 10 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $29.4M | 612,522 | 0.3% | 2 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $29.3M | 133,290 | 0.3% | 10 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $29.2M | 476,184 | 0.2% | 3 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $29.2M | 108,543 | 0.2% | 10 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $28.7M | 28,088 | 0.2% | 10 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $28.4M | 69,442 | 0.2% | 10 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $28.0M | 79,852 | 0.2% | 10 |
| ARGENX SE | [ARGX](https://holderbook.com/stocks/ARGX/) | $27.2M | 29,785 | 0.2% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +15.1% | +14.8% | +0.3% | 103% |
| Q1 2026 | -5.2% | -4.6% | -0.5% | 99% |
| Q4 2025 | +2.2% | +2.4% | -0.2% | 100% |
| Q3 2025 | +7.4% | +7.8% | -0.4% | 101% |
| Q2 2025 | +10.9% | +10.5% | +0.5% | 100% |
| Q1 2025 | -4.4% | -4.6% | +0.1% | 100% |
| Q4 2024 | +0.4% | +2.1% | -1.7% | 107% |
| Q3 2024 | +4.9% | +5.4% | -0.5% | 106% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $11.7B | 452 |
| Q1 2026 | $9.4B | 431 |
| Q4 2025 | $10.0B | 408 |
| Q3 2025 | $9.5B | 410 |
| Q2 2025 | $8.4B | 398 |
| Q1 2025 | $7.2B | 427 |
| Q4 2024 | $7.7B | 428 |
| Q3 2024 | $7.2B | 429 |
| Q2 2024 | $6.1B | 393 |
| Q1 2024 | $6.2B | 377 |