Institutional Manager · CIK 0001415912

Migdal Insurance & Financial Holdings Ltd.

Petach Tikva, L3 · File #028-17312

Latest AUM

$11.6M

Positions

346

Top-10 Concentration

52.4%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	INVESCO NASDAQ 100 ETF	IVZ	+3,005,140	+$760,063	+$540
ADD	SS TECHNOLOGY SELECT SECTOR	81369Y803	+3,135,920	+$451,479	-$264,408
ADD	ST SR UTL SL SE SPDR ETF-USD	81369Y886	+7,277,976	+$310,697	-$79,004
ADD	SS CONSUMER DISC SELECT SECT	81369Y407	+1,634,883	+$195,222	-$145,043
ADD	TEVA PHARMACEUTICAL-SP ADR	881624209	+4,820,000	+$150,432	+$358,730
REDUCE	INVESCO KBW BANK ETF	IVZ	-1,529,250	-$128,900	+$22,452
ADD	ALPHABET INC-CL C	GOOG	+314,875	+$98,808	+$70,854
NEW	INVESCO CHINA TECHNOLOGY ETF	IVZ	+1,825,600	+$94,931	$0
REDUCE	SELECT SECTOR SPDR TR STATE STREET CON	81369Y308	-1,120,047	-$87,460	-$318
ADD	MICROSOFT CORP	MSFT	+178,249	+$86,216	-$6,797

Sector Allocation

Technology

18.8%$2.2M

Financials

11.0%$1.3M

Consumer Discretionary

4.7%$551,757

Communication Services

3.2%$370,080

2.2%$260,511

2.2%$258,633

1.4%$169,541

0.5%$58,035

0.3%$33,343

0.1%$12,356

0.0%$17

Filing History

Jan 28, 202613F HOLDINGS REPORTQ/E Dec 2025346 pos · $11.6M
Oct 30, 202513F HOLDINGS REPORTQ/E Sep 2025325 pos · $9.3M
Sep 15, 202513F HOLDINGS REPORT (Amended)Q/E Sep 2025357 pos · $8.4M
Aug 4, 202513F HOLDINGS REPORTQ/E Jun 2025356 pos · $8.4M
May 5, 202513F HOLDINGS REPORTQ/E Mar 2025407 pos · $7.1M
Jan 28, 202513F HOLDINGS REPORTQ/E Dec 2024388 pos · $7.0M
Nov 4, 202413F HOLDINGS REPORTQ/E Sep 2024446 pos · $6.2M
Jul 29, 202413F HOLDINGS REPORTQ/E Jun 2024503 pos · $6.0M
May 1, 202413F HOLDINGS REPORTQ/E Mar 2024399 pos · $6.2M
Oct 25, 202313F HOLDINGS REPORTQ/E Dec 2023507 pos · $4.7M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	TEVA PHARMACEUTICAL-SP ADR	881624209	37,402,212	$1.2M	10.96%
2	INVESCO NASDAQ 100 ETF	IVZ	3,098,047	$783,561	7.35%
3	SS TECHNOLOGY SELECT SECTOR	81369Y803	5,053,446	$727,545	6.83%
4	SS INDUSTRIAL SELECT SECTOR	81369Y704	3,262,446	$506,086	4.75%
5	NOVA LTD	NVMI	1,493,657	$490,502	4.60%
6	ALPHABET INC-CL C	GOOG	1,323,291	$415,251	3.90%
7	ST SR UTL SL SE SPDR ETF-USD	81369Y886	9,052,676	$386,459	3.63%
8	AMAZON.COM INC	AMZN	1,639,900	$378,522	3.55%
9	TAIWAN SEMICONDUCTOR-SP ADR	874039100	1,207,805	$367,997	3.45%
10	NVIDIA CORP	NVDA	1,940,486	$361,901	3.40%
11	META PLATFORMS INC-CLASS A	META	541,234	$357,265	3.35%
12	TOWER SEMICONDUCTOR LTD	TSEM	3,002,806	$352,589	3.31%
13	SS CONSUMER DISC SELECT SECT	81369Y407	2,841,292	$339,279	3.18%
14	SS COMM SELECT SECTOR SPDR	81369Y852	2,791,284	$328,590	3.08%
15	ISHARES EXPANDED TECH-SOFTWA	464287515	2,719,572	$287,432	2.70%
16	SS FINANCIAL SELECT SECTOR	81369Y605	4,644,674	$254,389	2.39%
17	ISHARES IBOXX INVESTMENT GRA	464287242	1,965,000	$216,523	2.03%
18	NICE LTD - SPON ADR	NCSYF	1,646,690	$186,142	1.75%
19	APPLE INC	AAPL	674,700	$183,424	1.72%
20	MICROSOFT CORP	MSFT	377,607	$182,643	1.71%