Allianz Asset Management Portfolio holdings

Allianz Asset Management's Q3 2022 Portfolio in Review

As of Q3 2022, Allianz Asset Management held 2,232 positions worth $49.2B, down 53% from $105B the previous quarter. Its ten largest holdings account for 19% of the portfolio.

Allianz Asset Management withdrew a net $46B in Q3 2022, closing 371 positions and reducing 899 holdings. Its most notable exit was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A, an estimated $547M position sold in full.

By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 27% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Allianz Asset Management opened a new position in iShares iBoxx $ High Yield Corporate Bond ETF worth $29M.

• Allianz Asset Management's largest Q3 2022 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 405,830 shares worth $29M.
• Allianz Asset Management added most to Entegris in Q3 2022, an estimated $68.6M increase.
• Allianz Asset Management's biggest Q3 2022 reduction was Microsoft, cutting an estimated $2.15B.
• Allianz Asset Management fully exited Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A in Q3 2022, selling an estimated $547M.
• Allianz Asset Management's ten largest holdings make up 19% of its $49.2B portfolio in Q3 2022.
• Allianz Asset Management opened 118 new positions and closed 371 in Q3 2022.
• Allianz Asset Management's portfolio value fell 53% quarter-over-quarter to $49.2B.

Based on Allianz Asset Management's 13F filing for Q3 2022, filed 8 Nov 2022.