Allianz Asset Management Portfolio holdings

Allianz Asset Management's Q2 2022 Portfolio in Review

As of Q2 2022, Allianz Asset Management held 2,544 positions worth $105B, down 22% from $134B the previous quarter. Its ten largest holdings account for 17% of the portfolio.

Allianz Asset Management withdrew a net $16.6B in Q2 2022, closing 294 positions and reducing 1,080 holdings. Its most notable exit was Avantor, Inc. Series A Mandatory Convertible Preferred Stock, an estimated $251M position sold in full.

By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Allianz Asset Management opened a new position in The Southern Company worth $204M.

• Allianz Asset Management's largest Q2 2022 buy was The Southern Company: 3,850,000 shares worth $204M.
• Allianz Asset Management added most to Exelon in Q2 2022, an estimated $348M increase.
• Allianz Asset Management's biggest Q2 2022 reduction was NVIDIA, cutting an estimated $373M.
• Allianz Asset Management fully exited Avantor, Inc. Series A Mandatory Convertible Preferred Stock in Q2 2022, selling an estimated $251M.
• Allianz Asset Management's ten largest holdings make up 17% of its $105B portfolio in Q2 2022.
• Allianz Asset Management opened 149 new positions and closed 294 in Q2 2022.
• Allianz Asset Management's portfolio value fell 22% quarter-over-quarter to $105B.

Based on Allianz Asset Management's 13F filing for Q2 2022, filed 12 Aug 2022.