Allianz Asset Management Portfolio holdings

Allianz Asset Management's Q1 2019 Portfolio in Review

As of Q1 2019, Allianz Asset Management held 2,888 positions worth $101B, up 10% from $91.5B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

Allianz Asset Management withdrew a net $10B in Q1 2019, closing 237 positions and reducing 1,053 holdings. Its most notable exit was TESARO, Inc., an estimated $29.6M position sold in full.

By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 17% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Allianz Asset Management opened a new position in Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A worth $66.3M.

• Allianz Asset Management's largest Q1 2019 buy was Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A: 63,000 shares worth $66.3M.
• Allianz Asset Management added most to Meta Platforms (Facebook) in Q1 2019, an estimated $384M increase.
• Allianz Asset Management's biggest Q1 2019 reduction was TotalEnergies, cutting an estimated $1.41B.
• Allianz Asset Management fully exited TESARO, Inc. in Q1 2019, selling an estimated $29.6M.
• Allianz Asset Management's ten largest holdings make up 15% of its $101B portfolio in Q1 2019.
• Allianz Asset Management opened 309 new positions and closed 237 in Q1 2019.
• Allianz Asset Management's portfolio value rose 10% quarter-over-quarter to $101B.

Based on Allianz Asset Management's 13F filing for Q1 2019, filed 13 May 2019.