Assenagon Asset Management Portfolio holdings

Assenagon Asset Management's Q1 2023 Portfolio in Review

As of Q1 2023, Assenagon Asset Management held 1,544 positions worth $28.2B, up 1.6% from $27.7B the previous quarter. Its ten largest holdings account for 27% of the portfolio.

Assenagon Asset Management withdrew a net $1.83B in Q1 2023, closing 146 positions and reducing 583 holdings. Its most notable exit was TSMC, an estimated $198M position sold in full.

By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 22% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Assenagon Asset Management opened a new position in Azenta worth $35.2M.

• Assenagon Asset Management's largest Q1 2023 buy was Azenta: 788,927 shares worth $35.2M.
• Assenagon Asset Management added most to Pinduoduo in Q1 2023, an estimated $407M increase.
• Assenagon Asset Management's biggest Q1 2023 reduction was Microsoft, cutting an estimated $524M.
• Assenagon Asset Management fully exited TSMC in Q1 2023, selling an estimated $198M.
• Assenagon Asset Management's ten largest holdings make up 27% of its $28.2B portfolio in Q1 2023.
• Assenagon Asset Management opened 202 new positions and closed 146 in Q1 2023.
• Assenagon Asset Management's portfolio value rose 1.6% quarter-over-quarter to $28.2B.

Based on Assenagon Asset Management's 13F filing for Q1 2023, filed 18 Apr 2023.