Allianz Asset Management Portfolio holdings

Allianz Asset Management's Q2 2019 Portfolio in Review

As of Q2 2019, Allianz Asset Management held 2,846 positions worth $108B, up 6.6% from $101B the previous quarter. Its ten largest holdings account for 16% of the portfolio.

Allianz Asset Management withdrew a net $4.29B in Q2 2019, closing 178 positions and reducing 1,037 holdings. Its most notable exit was Dominion Energy, Inc 2016 Series A Corporate Units, an estimated $78.6M position sold in full.

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

Against the trend, Allianz Asset Management opened a new position in Clear Channel Outdoor Holdings worth $492M.

• Allianz Asset Management's largest Q2 2019 buy was Clear Channel Outdoor Holdings: 104,260,551 shares worth $492M.
• Allianz Asset Management added most to iShares iBoxx $ High Yield Corporate Bond ETF in Q2 2019, an estimated $467M increase.
• Allianz Asset Management's biggest Q2 2019 reduction was Intel, cutting an estimated $218M.
• Allianz Asset Management fully exited Dominion Energy, Inc 2016 Series A Corporate Units in Q2 2019, selling an estimated $78.6M.
• Allianz Asset Management's ten largest holdings make up 16% of its $108B portfolio in Q2 2019.
• Allianz Asset Management opened 191 new positions and closed 178 in Q2 2019.
• Allianz Asset Management's portfolio value rose 6.6% quarter-over-quarter to $108B.

Based on Allianz Asset Management's 13F filing for Q2 2019, filed 8 Aug 2019.