Q3 2026 13F · SEC CIK 1411133

KBC Group NV

Investment managerFiled 2026-10-22 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $47.9B
Reported positions: 1,826
Top holdings a year, 3 yrs: +21.1%
Average holding period: 7.9 yrs

KBC Group NV is an investment manager that reported 1,826 positions worth $47.9B in its Q3 2026 13F, filed 2026-10-22. Its largest holdings were Nvidia Corporation (NVDA, 7.8%), Microsoft Corp (MSFT, 5.7%), Alphabet Inc (GOOG, 5.3%). A portfolio copying its top holdings returned 21.1% a year over the last 3 years, against 18.8% for the S&P 500.

KBC Group NV holdings largest 50 of 1,826 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 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.

KBC Group NV 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
NVDANvidia Corporation	7.8%	7.6%	16,375,179	-6.7%	$3.7B
MSFTMicrosoft Corp	5.7%	4.1%	5,335,520	+4.3%	$2.7B
GOOGAlphabet Inc	5.3%	5.5%	7,454,709	+3.2%	$2.5B
AAPLApple Inc	5.3%	5.2%	7,613,823	-8.5%	$2.5B
AMZNAmazon Com Inc	3.3%	3.3%	6,407,947	-0.1%	$1.6B
AVGOBroadcom Inc	2.7%	3.1%	3,721,428	-0.6%	$1.3B
METAMeta Platforms Inc	2.4%	2.0%	1,602,876	-1.2%	$1.2B
MUMicron Technology Inc	2.0%	2.0%	903,039	+15.1%	$961.8M
AMDAdvanced Micro Devices Inc	1.9%	1.3%	1,460,214	+38.1%	$893.3M
LLYEli Lilly & Co	1.5%	1.4%	626,812	+15.0%	$725.3M
AMATApplied Matls Inc	1.3%	2.0%	1,196,982	-4.2%	$612.1M
JPMJpmorgan Chase & Co	1.1%	1.7%	1,638,660	-31.3%	$542.1M
INTCIntel Corp	0.9%	0.8%	3,468,274	+37.5%	$417.0M
BRK-BBerkshire Hathaway Inc Del	0.9%	0.5%	820,031	+68.2%	$408.3M
JNJJohnson & Johnson	0.9%	0.7%	1,538,528	+16.4%	$407.3M
BACBank of Amer Corp	0.8%	0.9%	7,062,785	+1.3%	$384.4M
TSLATesla Inc	0.8%	0.5%	1,027,795	+71.5%	$364.7M
DISDisney Walt Co	0.7%	0.6%	3,091,331	+9.0%	$324.3M
CRMSalesforce Inc	0.7%	0.5%	1,380,547	-1.1%	$316.9M
CCitigroup Inc	0.7%	1.0%	2,430,718	-27.3%	$314.7M
WMTWalmart Inc	0.6%	—	2,826,688	—	$293.8M
GOOGLAlphabet Inc	0.6%	0.7%	812,047	-10.4%	$279.4M
LRCXLam Research Corp	0.6%	1.5%	850,318	-47.2%	$279.3M
PFEPfizer Inc	0.6%	0.4%	9,363,835	+12.4%	$267.1M
LINLinde PLC	0.6%	0.6%	558,863	+8.0%	$265.3M
BMYBristol-Myers Squibb Co	0.6%	0.5%	4,227,911	-0.9%	$263.8M
CRWDCrowdstrike Hldgs Inc	0.5%	—	991,169	—	$262.4M
DELLDell Technologies Inc	0.5%	0.5%	477,781	-6.6%	$257.0M
PANWPalo Alto Networks Inc	0.5%	—	642,626	—	$255.3M
ORCLOracle Corp	0.5%	0.4%	1,844,477	+46.0%	$253.2M
VVisa Inc	0.5%	0.6%	689,732	-11.0%	$247.8M
MAMastercard Incorporated	0.5%	0.5%	438,193	+1.6%	$241.7M
MSMorgan Stanley	0.5%	0.8%	1,270,754	-24.6%	$239.0M
TMOThermo Fisher Scientific Inc	0.5%	—	329,492	—	$222.4M
ADBEAdobe Inc	0.4%	—	890,682	—	$213.7M
GILDGilead Sciences Inc	0.4%	0.4%	1,419,452	-13.7%	$211.6M
CTVACorteva Inc	0.4%	—	2,703,650	—	$209.9M
TELTe Connectivity PLC	0.4%	0.4%	985,049	+3.3%	$207.9M
STTState Str Corp	0.4%	—	1,148,858	—	$200.6M
IQVIqvia Hldgs Inc	0.4%	—	739,780	—	$198.9M
COFCapital One Finl Corp	0.4%	0.4%	1,023,934	+0.9%	$197.7M
USBUS Bancorp	0.4%	0.4%	3,367,700	+0.5%	$194.5M
GSGoldman Sachs Group Inc	0.4%	0.7%	215,736	-30.5%	$194.2M
CSCOCisco Sys Inc	0.4%	0.4%	1,765,909	+3.9%	$190.1M
AMGNAmgen Inc	0.4%	—	444,559	—	$187.4M
FOXAFox Corp - Class A	0.4%	—	2,864,196	—	$179.4M
KOCoca Cola Co	0.4%	—	2,053,940	—	$176.8M
COSTCostco Wholesale Corporation	0.4%	—	186,217	—	$169.5M
PGProcter & Gamble Co	0.3%	—	1,141,531	—	$165.8M
MRVLMarvell Technology Inc	0.3%	0.4%	627,335	+6.7%	$165.7M

What KBC Group NV bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

TSLA Tesla Inc+71.5% shares
BRK-B Berkshire Hathaway Inc Del+68.2% shares
ORCL Oracle Corp+46.0% shares
AMD Advanced Micro Devices Inc+38.1% shares
INTC Intel Corp+37.5% shares
JNJ Johnson & Johnson+16.4% shares
MU Micron Technology Inc+15.1% shares
LLY Eli Lilly & Co+15.0% shares

Reduced

LRCX Lam Research Corp-47.2% shares
JPM Jpmorgan Chase & Co-31.3% shares
GS Goldman Sachs Group Inc-30.5% shares
C Citigroup Inc-27.3% shares
MS Morgan Stanley-24.6% shares
GILD Gilead Sciences Inc-13.7% shares
V Visa Inc-11.0% shares
GOOGL Alphabet Inc-10.4% shares

Left the top 50

Share counts compared with the Q2 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: +19.7% /yr; S&P 500 +20.1%
3 years: +21.1% /yr; S&P 500 +18.8%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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
Q3 2026	$47.9B	1,826
Q2 2026	$46.3B	1,844
Q1 2026	$39.9B	1,854
Q4 2025	$43.9B	1,728
Q3 2025	$41.7B	1,727
Q2 2025	$37.0B	1,711
Q1 2025	$32.2B	1,817
Q4 2024	$36.3B	1,762
Q3 2024	$33.1B	1,764
Q2 2024	$33.1B	1,770
Q1 2024	$31.5B	1,776
Q4 2023	$28.2B	1,795

Questions about KBC Group NV's portfolio

What stocks does KBC Group NV own?

KBC Group NV's latest 13F, for Q3 2026 and filed Oct 22, 2026, lists 1,826 positions worth $47.9B. The largest are Nvidia Corporation (NVDA) at 7.8%, Microsoft Corp (MSFT) at 5.7%, Alphabet Inc (GOOG) at 5.3%, Apple Inc (AAPL) at 5.3% and Amazon Com Inc (AMZN) at 3.3%.

What did KBC Group NV buy last quarter?

In Q3 2026, KBC Group NV added Tesla Inc (TSLA) (+71.5% shares), Berkshire Hathaway Inc Del (BRK-B) (+68.2% shares) and Oracle Corp (ORCL) (+46.0% shares), compared with its Q2 2026 filing.

What did KBC Group NV sell last quarter?

In Q3 2026, KBC Group NV cut from its top 50 Corning Inc (GLW), cut from its top 50 Unitedhealth Group Inc (UNH), cut from its top 50 Kla Corp (KLAC), cut from its top 50 Netflix Inc. (NFLX), cut from its top 50 Ge Vernova Inc (GEV), Lam Research Corp (LRCX) (-47.2% shares), Jpmorgan Chase & Co (JPM) (-31.3% shares) and Goldman Sachs Group Inc (GS) (-30.5% shares), compared with its Q2 2026 filing.

How has KBC Group NV's portfolio performed?

A portfolio copying KBC Group NV's 20 largest 13F holdings each quarter, from the day each filing was public, returned +21.1% a year over the last 3 years, against +18.8% for the S&P 500. Over 1 year: +19.7% against +20.1%.

When is KBC Group NV's next 13F filing due?

13F filings are due 45 days after each quarter ends. KBC Group NV's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.