Allianz Asset Management Portfolio holdings

Allianz Asset Management's Q4 2023 Portfolio in Review

As of Q4 2023, Allianz Asset Management held 2,282 positions worth $61.2B, up 3.2% from $59.3B the previous quarter. Its ten largest holdings account for 20% of the portfolio.

Allianz Asset Management withdrew a net $6.38B in Q4 2023, closing 160 positions and reducing 1,252 holdings. Its most notable exit was State Street Consumer Staples Select Sector SPDR ETF, an estimated $106M position sold in full.

By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Allianz Asset Management opened a new position in Diversified Energy Company worth $16.4M.

• Allianz Asset Management's largest Q4 2023 buy was Diversified Energy Company: 1,153,071 shares worth $16.4M.
• Allianz Asset Management added most to Amazon in Q4 2023, an estimated $284M increase.
• Allianz Asset Management's biggest Q4 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $302M.
• Allianz Asset Management fully exited State Street Consumer Staples Select Sector SPDR ETF in Q4 2023, selling an estimated $106M.
• Allianz Asset Management's ten largest holdings make up 20% of its $61.2B portfolio in Q4 2023.
• Allianz Asset Management opened 109 new positions and closed 160 in Q4 2023.
• Allianz Asset Management's portfolio value rose 3.2% quarter-over-quarter to $61.2B.

Based on Allianz Asset Management's 13F filing for Q4 2023, filed 12 Feb 2024.