Allianz Asset Management Portfolio holdings

Allianz Asset Management's Q3 2018 Portfolio in Review

As of Q3 2018, Allianz Asset Management held 2,820 positions worth $110B, up 6.9% from $103B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

Allianz Asset Management withdrew a net $8.93B in Q3 2018, closing 225 positions and reducing 1,332 holdings. Its most notable exit was Validus Hold Ltd, an estimated $58.9M position sold in full.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Allianz Asset Management opened a new position in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A worth $165M.

• Allianz Asset Management's largest Q3 2018 buy was Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A: 153,090 shares worth $165M.
• Allianz Asset Management added most to iShares Core S&P 500 ETF in Q3 2018, an estimated $312M increase.
• Allianz Asset Management's biggest Q3 2018 reduction was Meta Platforms (Facebook), cutting an estimated $326M.
• Allianz Asset Management fully exited Validus Hold Ltd in Q3 2018, selling an estimated $58.9M.
• Allianz Asset Management's ten largest holdings make up 15% of its $110B portfolio in Q3 2018.
• Allianz Asset Management opened 205 new positions and closed 225 in Q3 2018.
• Allianz Asset Management's portfolio value rose 6.9% quarter-over-quarter to $110B.

Based on Allianz Asset Management's 13F filing for Q3 2018, filed 13 Nov 2018.