# Raiffeisen Bank International AG

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2044885. Source: https://holderbook.com/funds/2044885-raiffeisen-bank-international-ag/

- Reported value: $8.5B
- Positions: 671
- Weight of the ten largest: 34.2%
- Filed: 2026-08-03

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/) | $549.0M | 2,811,644 | 6.4% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $447.0M | 1,260,395 | 5.2% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $401.9M | 1,426,298 | 4.7% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $275.8M | 747,025 | 3.2% | 7 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $272.2M | 730,560 | 3.2% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $268.9M | 1,115,478 | 3.2% | 7 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $236.6M | 340,187 | 2.8% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $159.5M | 129,513 | 1.9% | 7 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $153.9M | 374,248 | 1.8% | 7 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $150.3M | 278,163 | 1.8% | 7 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $127.6M | 280,082 | 1.5% | 7 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $122.1M | 106,273 | 1.4% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $111.5M | 946,549 | 1.3% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $108.1M | 327,698 | 1.3% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $96.6M | 379,931 | 1.1% | 7 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $90.6M | 325,103 | 1.1% | 7 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $86.6M | 523,670 | 1.0% | 7 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $86.5M | 121,105 | 1.0% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $86.4M | 252,749 | 1.0% | 7 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $75.0M | 225,914 | 0.9% | 7 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $72.2M | 965,462 | 0.8% | 7 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $70.2M | 138,757 | 0.8% | 7 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $69.0M | 164,237 | 0.8% | 7 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $68.2M | 514,755 | 0.8% | 7 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $68.1M | 133,678 | 0.8% | 7 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $67.2M | 240,725 | 0.8% | 7 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $66.3M | 313,029 | 0.8% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $64.4M | 433,797 | 0.8% | 7 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $63.9M | 138,191 | 0.7% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $62.4M | 177,769 | 0.7% | 7 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $62.4M | 151,128 | 0.7% | 7 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $62.2M | 1,073,555 | 0.7% | 7 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $61.9M | 120,910 | 0.7% | 7 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $58.0M | 170,088 | 0.7% | 7 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $56.8M | 222,293 | 0.7% | 4 |
| NORTHERN TR CORP | [NTRS](https://holderbook.com/stocks/NTRS/) | $52.7M | 301,475 | 0.6% | 7 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $51.5M | 397,662 | 0.6% | 7 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $50.2M | 104,038 | 0.6% | 7 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $50.0M | 179,373 | 0.6% | 7 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $49.8M | 272,811 | 0.6% | 7 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $49.7M | 525,554 | 0.6% | 7 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $49.0M | 97,170 | 0.6% | 7 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $46.0M | 149,772 | 0.5% | 7 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $45.4M | 389,025 | 0.5% | 7 |
| OWENS CORNING NEW | [OC](https://holderbook.com/stocks/OC/) | $44.0M | 281,808 | 0.5% | 7 |
| ACM RESH INC | [ACMR](https://holderbook.com/stocks/ACMR/) | $42.8M | 360,000 | 0.5% | 7 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $42.7M | 88,961 | 0.5% | 7 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $41.9M | 187,359 | 0.5% | 7 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $40.8M | 39,500 | 0.5% | 7 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $40.7M | 100,344 | 0.5% | 7 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $40.2M | 147,312 | 0.5% | 7 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $39.9M | 181,704 | 0.5% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $39.8M | 42,006 | 0.5% | 7 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $39.7M | 36,564 | 0.5% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $37.8M | 107,427 | 0.4% | 7 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $37.7M | 510,549 | 0.4% | 7 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $37.2M | 484,740 | 0.4% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $35.8M | 63,361 | 0.4% | 7 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $35.0M | 315,748 | 0.4% | 4 |
| FIRST SOLAR INC | [FSLR](https://holderbook.com/stocks/FSLR/) | $34.9M | 150,119 | 0.4% | 7 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $34.4M | 61,709 | 0.4% | 7 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $34.4M | 389,970 | 0.4% | 7 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $33.7M | 1,398,194 | 0.4% | 7 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $33.5M | 74,782 | 0.4% | 7 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $33.1M | 88,611 | 0.4% | 7 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $32.4M | 230,836 | 0.4% | 7 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $32.4M | 46,817 | 0.4% | 7 |
| SHARKNINJA INC | [SN](https://holderbook.com/stocks/SN/) | $31.7M | 216,632 | 0.4% | 4 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $31.4M | 162,772 | 0.4% | 7 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $30.8M | 93,268 | 0.4% | 7 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $29.7M | 120,702 | 0.3% | 7 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $28.3M | 305,266 | 0.3% | 7 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $27.8M | 308,352 | 0.3% | 7 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $27.7M | 174,705 | 0.3% | 7 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $26.9M | 432,969 | 0.3% | 7 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $26.9M | 74,462 | 0.3% | 7 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $26.4M | 289,788 | 0.3% | 7 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $26.0M | 598,646 | 0.3% | 7 |
| EVERPURE INC | [P](https://holderbook.com/stocks/P/) | $25.5M | 352,941 | 0.3% | 7 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $25.5M | 152,993 | 0.3% | 7 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $25.3M | 198,926 | 0.3% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $24.9M | 55,830 | 0.3% | 7 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $24.9M | 60,859 | 0.3% | 7 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $24.8M | 89,260 | 0.3% | 7 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $24.5M | 245,116 | 0.3% | 7 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $23.3M | 153,803 | 0.3% | 7 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $22.4M | 41,815 | 0.3% | 7 |
| EAGLE MATLS INC | [EXP](https://holderbook.com/stocks/EXP/) | $22.1M | 98,210 | 0.3% | 5 |
| VERISK ANALYTICS INC | [VRSK](https://holderbook.com/stocks/VRSK/) | $21.9M | 122,044 | 0.3% | 7 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $21.8M | 136,740 | 0.3% | 7 |
| METTLER TOLEDO INTERNATIONAL | [MTD](https://holderbook.com/stocks/MTD/) | $21.8M | 17,287 | 0.3% | 7 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $21.0M | 78,750 | 0.2% | 7 |
| ITRON INC | [ITRI](https://holderbook.com/stocks/ITRI/) | $20.9M | 250,000 | 0.2% | 7 |
| GRACO INC | [GGG](https://holderbook.com/stocks/GGG/) | $20.4M | 269,400 | 0.2% | 6 |
| DARLING INGREDIENTS INC | [DAR](https://holderbook.com/stocks/DAR/) | $20.3M | 381,480 | 0.2% | 7 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $19.8M | 26,549 | 0.2% | 7 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $19.8M | 17,902 | 0.2% | 7 |
| HDFC BANK LTD | [HDB](https://holderbook.com/stocks/HDB/) | $19.6M | 756,000 | 0.2% | 7 |
| PRIMORIS SVCS CORP | [PRIM](https://holderbook.com/stocks/PRIM/) | $19.3M | 198,000 | 0.2% | 5 |
| MASTEC INC | [MTZ](https://holderbook.com/stocks/MTZ/) | $18.4M | 42,931 | 0.2% | 7 |

## 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 | +21.3% | +14.8% | +6.4% | 103% |
| Q1 2026 | -4.7% | -4.6% | -0.1% | 100% |
| Q4 2025 | +1.8% | +2.4% | -0.6% | 100% |
| Q3 2025 | +6.9% | +7.8% | -0.9% | 102% |
| Q2 2025 | +11.8% | +10.5% | +1.4% | 100% |
| Q1 2025 | -5.7% | -4.6% | -1.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $8.5B | 671 |
| Q1 2026 | $7.0B | 706 |
| Q4 2025 | $7.8B | 688 |
| Q3 2025 | $7.5B | 690 |
| Q2 2025 | $6.7B | 592 |
| Q1 2025 | $6.3B | 608 |
| Q4 2024 | $6.6B | 603 |