# Erste Asset Management GmbH

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2024532. Source: https://holderbook.com/funds/2024532-erste-asset-management-gmbh/

- Reported value: $12.9B
- Positions: 871
- Weight of the ten largest: 29.1%
- Filed: 2026-07-28

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/) | $673.5M | 3,446,949 | 5.2% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $558.6M | 1,976,818 | 4.3% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $512.1M | 1,386,489 | 4.0% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $478.0M | 1,371,848 | 3.7% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $377.9M | 1,014,935 | 2.9% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $266.2M | 641,871 | 2.1% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $237.6M | 1,003,633 | 1.8% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $219.6M | 649,134 | 1.7% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $209.9M | 731,834 | 1.6% | 25 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $206.1M | 179,762 | 1.6% | 25 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $205.5M | 625,637 | 1.6% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $200.3M | 570,148 | 1.6% | 31 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $198.1M | 2,623,650 | 1.5% | 6 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $169.3M | 247,188 | 1.3% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $160.8M | 286,019 | 1.3% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $159.3M | 130,143 | 1.2% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $159.2M | 1,049,815 | 1.2% | 27 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $136.9M | 1,871,392 | 1.1% | 25 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $133.7M | 347,501 | 1.0% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $133.4M | 519,951 | 1.0% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $132.9M | 1,223,211 | 1.0% | 31 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $110.3M | 565,616 | 0.9% | 29 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $96.5M | 262,000 | 0.8% | 2 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $95.4M | 289,615 | 0.7% | 16 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $94.0M | 206,836 | 0.7% | 23 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $91.2M | 965,254 | 0.7% | 31 |
| GUARDANT HEALTH INC | [GH](https://holderbook.com/stocks/GH/) | $88.8M | 577,313 | 0.7% | 27 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $88.3M | 387,949 | 0.7% | 14 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $86.8M | 1,050,768 | 0.7% | 31 |
| AGIOS PHARMACEUTICALS INC | [AGIO](https://holderbook.com/stocks/AGIO/) | $82.0M | 2,154,900 | 0.6% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $81.8M | 74,577 | 0.6% | 9 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $80.1M | 298,115 | 0.6% | 31 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $76.9M | 470,690 | 0.6% | 7 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $73.9M | 571,075 | 0.6% | 31 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $72.3M | 329,043 | 0.6% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $71.3M | 195,534 | 0.6% | 31 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $70.5M | 95,416 | 0.5% | 21 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $70.4M | 471,452 | 0.5% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $69.9M | 361,050 | 0.5% | 31 |
| NEXTPOWER INC | [NXT](https://holderbook.com/stocks/NXT/) | $69.2M | 626,883 | 0.5% | 14 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $67.9M | 267,697 | 0.5% | 31 |
| TAPESTRY INC | [TPR](https://holderbook.com/stocks/TPR/) | $65.0M | 443,400 | 0.5% | 31 |
| HA SUSTAINABLE INFRA CAP INC | [HASI](https://holderbook.com/stocks/HASI/) | $63.0M | 1,611,218 | 0.5% | 31 |
| ORMAT TECHNOLOGIES INC | [ORA](https://holderbook.com/stocks/ORA/) | $60.9M | 551,738 | 0.5% | 24 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $58.8M | 57,416 | 0.5% | 24 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $58.7M | 1,397,500 | 0.5% | 3 |
| MADRIGAL PHARMACEUTICALS INC | [MDGL](https://holderbook.com/stocks/MDGL/) | $58.1M | 110,210 | 0.5% | 15 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $56.3M | 197,114 | 0.4% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $55.0M | 197,824 | 0.4% | 19 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $53.8M | 426,561 | 0.4% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $51.6M | 146,638 | 0.4% | 31 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $51.3M | 125,481 | 0.4% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $50.9M | 100,223 | 0.4% | 31 |
| FIRST SOLAR INC | [FSLR](https://holderbook.com/stocks/FSLR/) | $49.9M | 213,653 | 0.4% | 31 |
| COSTAR GROUP INC | [CSGP](https://holderbook.com/stocks/CSGP/) | $49.8M | 1,700,000 | 0.4% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $49.3M | 177,342 | 0.4% | 31 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $49.0M | 797,119 | 0.4% | 31 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $48.4M | 67,808 | 0.4% | 17 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $47.9M | 324,716 | 0.4% | 31 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $47.2M | 91,573 | 0.4% | 9 |
| NATERA INC | [NTRA](https://holderbook.com/stocks/NTRA/) | $47.1M | 173,011 | 0.4% | 7 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $46.2M | 128,052 | 0.4% | 31 |
| SAREPTA THERAPEUTICS INC | [SRPT](https://holderbook.com/stocks/SRPT/) | $45.5M | 2,568,945 | 0.4% | 31 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $43.9M | 468,150 | 0.3% | 19 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $43.1M | 464,852 | 0.3% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $42.9M | 301,164 | 0.3% | 5 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $42.9M | 202,478 | 0.3% | 26 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $42.2M | 748,574 | 0.3% | 9 |
| LKQ CORP | [LKQ](https://holderbook.com/stocks/LKQ/) | $41.0M | 1,569,370 | 0.3% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $40.9M | 294,599 | 0.3% | 31 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $40.1M | 921,448 | 0.3% | 17 |
| KINSALE CAP GROUP INC | [KNSL](https://holderbook.com/stocks/KNSL/) | $39.9M | 120,165 | 0.3% | 15 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $39.1M | 53,178 | 0.3% | 6 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $39.0M | 467,366 | 0.3% | 10 |
| TEXAS ROADHOUSE INC | [TXRH](https://holderbook.com/stocks/TXRH/) | $38.9M | 200,624 | 0.3% | 31 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $38.5M | 209,847 | 0.3% | 31 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $38.2M | 76,558 | 0.3% | 31 |
| RBC BEARINGS INC | [RBC](https://holderbook.com/stocks/RBC/) | $38.1M | 60,000 | 0.3% | 15 |
| DARLING INGREDIENTS INC | [DAR](https://holderbook.com/stocks/DAR/) | $38.0M | 716,774 | 0.3% | 31 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $37.6M | 320,074 | 0.3% | 7 |
| CHOICE HOTELS INTL INC | [CHH](https://holderbook.com/stocks/CHH/) | $37.5M | 335,000 | 0.3% | 24 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $35.7M | 171,629 | 0.3% | 31 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $35.1M | 253,157 | 0.3% | 8 |
| PINTEREST INC | [PINS](https://holderbook.com/stocks/PINS/) | $35.0M | 1,601,081 | 0.3% | 5 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $34.8M | 126,454 | 0.3% | 23 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $34.7M | 190,105 | 0.3% | 24 |
| IDEX CORP | [IEX](https://holderbook.com/stocks/IEX/) | $33.9M | 150,090 | 0.3% | 1 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $33.7M | 131,888 | 0.3% | 9 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $33.2M | 81,706 | 0.3% | 31 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $33.1M | 377,260 | 0.3% | 8 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $33.1M | 350,776 | 0.3% | 31 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $32.2M | 660,000 | 0.3% | 31 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $32.0M | 71,605 | 0.2% | 31 |
| EAST WEST BANCORP INC | [EWBC](https://holderbook.com/stocks/EWBC/) | $31.6M | 245,122 | 0.2% | 17 |
| EVERPURE INC | [P](https://holderbook.com/stocks/P/) | $31.2M | 431,553 | 0.2% | 15 |
| ROBLOX CORP | [RBLX](https://holderbook.com/stocks/RBLX/) | $30.8M | 567,389 | 0.2% | 19 |
| FIRSTCASH HOLDINGS INC | [FCFS](https://holderbook.com/stocks/FCFS/) | $30.1M | 140,000 | 0.2% | 19 |
| SOLAREDGE TECHNOLOGIES INC | [SEDG](https://holderbook.com/stocks/SEDG/) | $29.9M | 539,489 | 0.2% | 5 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $29.6M | 111,210 | 0.2% | 12 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $29.4M | 211,821 | 0.2% | 31 |

## 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 | +16.8% | +14.8% | +2.0% | 103% |
| Q1 2026 | -4.4% | -4.6% | +0.2% | 99% |
| Q4 2025 | +2.6% | +2.4% | +0.2% | 100% |
| Q3 2025 | +8.4% | +7.8% | +0.6% | 99% |
| Q2 2025 | +10.6% | +10.5% | +0.1% | 102% |
| Q1 2025 | -4.9% | -4.6% | -0.4% | 101% |
| Q4 2024 | -1.3% | +2.1% | -3.4% | 100% |
| Q3 2024 | +4.6% | +5.4% | -0.8% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $12.9B | 871 |
| Q1 2026 | $10.8B | 602 |
| Q4 2025 | $11.9B | 598 |
| Q3 2025 | $10.3B | 609 |
| Q2 2025 | $11.9B | 894 |
| Q1 2025 | $7.8B | 531 |
| Q4 2024 | $8.2B | 537 |
| Q3 2024 | $8.4B | 541 |
| Q2 2024 | $7.6B | 538 |
| Q1 2024 | $7.3B | 534 |
| Q4 2023 | $6.8B | 547 |
| Q3 2023 | $5.8B | 544 |