Q2 2026 13F · SEC CIK 2055344

Banque de Luxembourg S.A.

Bank & trustFiled 2026-07-09 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $212.0M
Reported positions: 78
Holdings vs S&P 500, 3 yrs: —
Average holding period: 1.7 yrs

Banque de Luxembourg S.A. is a bank & trust that reported 78 positions worth $212.0M in its Q2 2026 13F, filed 2026-07-09. Its largest holdings were Spdr S&p 500 ETF Tr (SPY, 13.9%), Alphabet Inc (GOOGL, 11.2%), Microsoft Corp (MSFT, 7.6%).

Banque de Luxembourg S.A. holdings largest 50 of 78 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Banque de Luxembourg S.A. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SPYSpdr S&p 500 ETF Tr	13.9%	11.7%	39,502	+13.6%	$29.5M
GOOGLAlphabet Inc	11.2%	10.3%	66,228	-4.3%	$23.7M
MSFTMicrosoft Corp	7.6%	8.4%	43,092	-1.9%	$16.1M
TTETotalenergies SE Act	5.5%	7.6%	150,433	-4.7%	$11.7M
VVisa Inc Com Cl A	5.4%	5.4%	33,311	-3.6%	$11.4M
AMZNAmazon Com Inc Com	5.3%	5.3%	47,542	-2.4%	$11.3M
AAPLApple Inc	5.0%	5.0%	36,783	-3.1%	$10.6M
UNHUnitedhealth Group Inc Com	4.4%	3.4%	22,683	-6.3%	$9.4M
MDTMedtronic PLC	3.7%	4.3%	100,738	+4.2%	$7.9M
ADIAnalog Devices Inc	3.2%	2.9%	17,077	-1.4%	$6.8M
SPGIS&P Global Inc.	2.9%	3.4%	15,181	-2.5%	$6.2M
SNPSSynopsys Inc	2.9%	2.9%	13,788	-1.6%	$6.2M
ACNAccenture PLC Ireland Shs Class A	2.7%	4.5%	45,703	+5.2%	$5.7M
NVDANvidia Corporation Com	2.6%	2.4%	27,359	+2.2%	$5.5M
CSCOCisco Sys Inc	2.6%	1.8%	46,498	+1.0%	$5.5M
BDXBecton Dickinson & Co	2.3%	2.6%	31,670	-2.5%	$4.8M
CNICanadian Natl Ry Co	1.7%	1.7%	30,377	-4.7%	$3.6M
AVGOBroadcom Inc	1.6%	0.5%	8,983	+202.4%	$3.4M
GOOGAlphabet Inc	1.4%	1.3%	8,573	+0.0%	$3.0M
ALLEAllegion PLC	1.4%	1.6%	21,475	+0.6%	$3.0M
DISDisney Walt Co	1.4%	1.5%	29,974	+2.8%	$2.9M
ICLRIcon PLC	1.1%	0.8%	13,280	+0.7%	$2.3M
PGProcter & Gamble Co Com	0.6%	0.7%	9,347	-1.0%	$1.4M
PKWInvesco Exchange Traded Fd T	0.6%	0.6%	9,227	+0.0%	$1.3M
BNYBank of New York Mellon Corp	0.6%	0.5%	8,817	+0.0%	$1.3M
BRK-BBerkshire Hathaway Inc Del	0.6%	0.6%	2,517	+0.0%	$1.3M
METAMeta Platforms Inc Class A	0.6%	0.4%	2,099	+44.8%	$1.2M
DHRDanaher Corporation	0.5%	0.6%	6,016	+0.0%	$1.1M
AZNAstrazeneca PLC Ord	0.5%	0.5%	5,968	+12.0%	$1.1M
TSMTaiwan Semiconductor Manufac	0.5%	0.2%	2,275	+65.2%	$1.1M
JPMJpmorgan Chase & Co	0.4%	0.4%	2,594	+0.2%	$849K
NKENike Inc Cl B	0.4%	0.6%	18,312	-12.4%	$752K
BLKBlackrock Inc	0.3%	0.3%	640	+7.2%	$615K
LLYLilly Eli & Co	0.3%	0.3%	508	-5.6%	$609K
PANWPalo Alto Networks Inc	0.3%	0.2%	1,702	-28.0%	$580K
LINLinde PLC	0.3%	0.4%	1,076	-25.1%	$559K
BSXBoston Scientific Corp	0.2%	0.4%	11,606	+0.0%	$495K
TMOThermo Fisher Scientific Inc	0.2%	0.2%	821	+6.6%	$412K
FNVFranco Nev Corp	0.2%	0.3%	1,850	-11.9%	$386K
JNJJohnson & Johnson	0.2%	0.2%	1,457	-15.4%	$370K
UBERUber Technologies Inc	0.2%	0.2%	5,077	+3.9%	$366K
MCDMcdonalds Corp Com	0.2%	0.3%	1,284	-23.4%	$347K
ENBEnbridge Inc Com	0.2%	0.2%	6,000	+0.0%	$325K
MRKMerck & Co. Inc	0.1%	0.2%	2,436	-17.2%	$313K
PEPPepsico Inc	0.1%	0.2%	2,263	-12.4%	$306K
KOCoca Cola Co	0.1%	—	3,432	—	$279K
UNPUnion Pac Corp	0.1%	—	1,004	—	$273K
COSTCostco Whsl Corp New	0.1%	0.1%	281	+0.0%	$263K
CMCSAComcast Corp New	0.1%	0.2%	10,376	+0.0%	$255K
ANETArista Networks Inc	0.1%	—	1,376	—	$234K

What Banque de Luxembourg S.A. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

AVGO Broadcom Inc+202.4% shares
TSM Taiwan Semiconductor Manufac+65.2% shares
META Meta Platforms Inc Class A+44.8% shares
SPY Spdr S&p 500 ETF Tr+13.6% shares
AZN Astrazeneca PLC Ord+12.0% shares
BLK Blackrock Inc+7.2% shares
TMO Thermo Fisher Scientific Inc+6.6% shares
ACN Accenture PLC Ireland Shs Class A+5.2% shares

Reduced

PANW Palo Alto Networks Inc-28.0% shares
LIN Linde PLC-25.1% shares
MCD Mcdonalds Corp Com-23.4% shares
MRK Merck & Co. Inc-17.2% shares
JNJ Johnson & Johnson-15.4% shares
NKE Nike Inc Cl B-12.4% shares
PEP Pepsico Inc-12.4% shares
FNV Franco Nev Corp-11.9% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +13.3% /yr; S&P 500 +20.1%
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$212.0M	78
Q1 2026	$193.3M	75
Q4 2025	$234.8M	88
Q3 2025	$193.4M	80
Q2 2025	$174.6M	87
Q1 2025	$174.8M	87
Q4 2024	$185.8M	82

Questions about Banque de Luxembourg S.A.'s portfolio

What stocks does Banque de Luxembourg S.A. own?

Banque de Luxembourg S.A.'s latest 13F, for Q2 2026 and filed Jul 9, 2026, lists 78 positions worth $212.0M. The largest are Spdr S&p 500 ETF Tr (SPY) at 13.9%, Alphabet Inc (GOOGL) at 11.2%, Microsoft Corp (MSFT) at 7.6%, Totalenergies SE Act (TTE) at 5.5% and Visa Inc Com Cl A (V) at 5.4%.

What did Banque de Luxembourg S.A. buy last quarter?

In Q2 2026, Banque de Luxembourg S.A. added Broadcom Inc (AVGO) (+202.4% shares), Taiwan Semiconductor Manufac (TSM) (+65.2% shares) and Meta Platforms Inc Class A (META) (+44.8% shares), compared with its Q1 2026 filing.

What did Banque de Luxembourg S.A. sell last quarter?

In Q2 2026, Banque de Luxembourg S.A. cut from its top 50 Zoetis Inc (ZTS), cut from its top 50 Sherwin Williams Co Com (SHW), cut from its top 50 Walmart Inc (WMT), Palo Alto Networks Inc (PANW) (-28.0% shares), Linde PLC (LIN) (-25.1% shares) and Mcdonalds Corp Com (MCD) (-23.4% shares), compared with its Q1 2026 filing.

When is Banque de Luxembourg S.A.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Banque de Luxembourg S.A.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.