Q2 2026 13F · SEC CIK 1415912

Migdal Insurance & Financial Holdings Ltd.

Insurance companyFiled 2026-08-10 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $15.6B
Reported positions: 364
Top holdings a year, 3 yrs: +26.3%
Average holding period: 6.5 yrs

Migdal Insurance & Financial Holdings Ltd. is an insurance company that reported 364 positions worth $15.6B in its Q2 2026 13F, filed 2026-08-10. Its largest holdings were Teva Pharmaceutical Inds Ltd (TEVA, 8.4%), State Street Technology Select Sector Sp (XLK, 6.9%), Select Sector Spdr Tr (XLI, 5.9%). A portfolio copying its top holdings returned 26.3% a year over the last 3 years, against 20.4% for the S&P 500.

Migdal Insurance & Financial Holdings Ltd. holdings largest 50 of 364 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.

Migdal Insurance & Financial Holdings Ltd. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
TEVATeva Pharmaceutical Inds Ltd	8.4%	9.9%	38,922,212	+2.7%	$1.3B
XLKState Street Technology Select Sector Sp	6.9%	5.0%	5,647,173	+31.4%	$1.1B
XLISelect Sector Spdr Tr	5.9%	5.6%	4,955,697	+23.5%	$917.9M
NVMINova Ltd	5.6%	5.9%	1,620,657	+3.3%	$879.9M
GOOGAlphabet Inc	5.0%	3.8%	2,228,776	+45.2%	$787.5M
SMHVaneck Semiconductor ETF	4.2%	2.5%	992,691	+30.5%	$651.1M
NVDANvidia Corporation Com	3.2%	2.9%	2,522,968	+30.6%	$504.8M
TSEMTower Semiconductor Ltd	2.9%	3.1%	1,730,723	-14.1%	$451.1M
AMZNAmazon Com Inc Com	2.9%	2.6%	1,870,900	+31.0%	$445.9M
CAMTCamtek Ltd	2.8%	2.5%	2,648,396	+37.3%	$432.0M
XLYConsumer Discretionary Select S	2.4%	2.8%	3,231,019	+9.1%	$378.9M
XLCSelect Sector Spdr Tr	2.3%	2.6%	3,407,164	+23.7%	$365.0M
MSFTMicrosoft Corp	2.3%	1.2%	945,938	+149.1%	$352.8M
AAPLApple Inc	2.0%	2.0%	1,070,700	+15.4%	$309.8M
MUMicron Technology Inc	1.9%	1.0%	253,106	-25.2%	$292.2M
METAMeta Platforms Inc Class A	1.8%	1.6%	490,773	+48.9%	$276.4M
AMATApplied Matls Inc	1.6%	1.2%	351,313	-13.3%	$254.0M
PANWPalo Alto Networks Inc	1.6%	0.5%	731,523	+126.0%	$249.4M
KBWBInvesco Kbw Bank ETF	1.6%	1.5%	2,642,750	+22.1%	$245.7M
XLEState Street Energy Select Sector Spdr E	1.6%	0.7%	4,589,946	+257.9%	$243.8M
TSMTaiwan Semiconductor Manufac	1.5%	2.6%	489,910	-45.4%	$234.4M
LQDIshares Tr	1.4%	1.9%	1,965,000	+0.0%	$214.3M
EWYIshares Inc	1.3%	1.5%	1,023,178	-26.8%	$206.6M
LRCXLam Research Corp	1.1%	1.4%	385,544	-50.2%	$167.2M
TSLATesla Inc Com	1.1%	0.9%	390,184	+33.5%	$164.1M
XLVSelect Sector Spdr Tr	1.0%	0.9%	1,033,549	+52.0%	$164.0M
ENLTEnlight Renewable Energy Ltd	0.9%	1.0%	1,630,721	+0.0%	$145.2M
CQQQInvesco Exch Traded Fd Tr II	0.9%	1.0%	2,539,000	+0.0%	$144.8M
AVGOBroadcom Inc	0.9%	0.8%	382,416	+33.9%	$144.5M
ABBVAbbvie Inc	0.9%	0.8%	562,561	+36.5%	$141.6M
AMDAdvanced Micro Devices Inc	0.9%	—	231,000	—	$134.2M
QQQMInvesco Nasdaq 100 ETF	0.8%	—	432,731	—	$131.1M
ORAOrmat Technologies Inc	0.8%	1.1%	1,201,526	+3.4%	$130.8M
AZNAstrazeneca PLC Ord	0.8%	0.5%	676,000	+136.4%	$127.6M
JPMJpmorgan Chase & Co	0.8%	1.4%	375,197	-34.0%	$122.8M
IGVIshares Tr	0.8%	—	1,324,838	—	$120.0M
GDXVaneck Gold Miners ETF	0.7%	1.1%	1,480,000	+8.8%	$111.7M
VRTVertiv Holdings Co	0.7%	0.6%	320,066	+25.4%	$107.2M
XLFSelect Sector Spdr Tr	0.6%	0.8%	1,887,945	-0.3%	$101.2M
SEDGSolaredge Technologies Inc	0.6%	—	1,691,340	—	$98.8M
XLUSpdr	0.6%	1.4%	2,110,205	-38.9%	$95.7M
MRKMerck & Co. Inc	0.6%	—	730,035	—	$94.3M
VVisa Inc Com Cl A	0.6%	—	272,975	—	$93.7M
XMEState Street Spdr S&p Metals & Mining Et	0.6%	0.8%	830,230	+0.0%	$88.8M
XLBSelect Sector Spdr Tr	0.6%	0.7%	1,696,180	-0.3%	$86.2M
NOWServicenow Inc Com	0.6%	—	865,892	—	$86.0M
LMTLockheed Martin Corp Com	0.5%	0.7%	158,939	+27.9%	$81.0M
CEGConstellation Energy Corp	0.5%	—	325,080	—	$80.7M
IBMInternational Business Machs	0.5%	—	285,327	—	$80.2M
GILDGilead Sciences	0.5%	0.5%	604,000	+36.0%	$76.3M

What Migdal Insurance & Financial Holdings Ltd. bought and sold in Q2 2026, against Q1 2026.

New positions

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

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: +38.4% /yr; S&P 500 +20.1%
3 years: +26.3% /yr; S&P 500 +20.4%
5 years: +12.7% /yr; S&P 500 +11.6%

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	$15.6B	364
Q1 2026	$11.5B	360
Q4 2025	$11.6B	346
Q3 2025	$9.3B	323
Q2 2025	$8.4B	333
Q1 2025	$7.1B	405
Q4 2024	$7.0B	344
Q3 2024	$6.2B	425
Q2 2024	$6.0B	503
Q1 2024	$6.2B	385
Q4 2023	$5.0B	470
Q3 2023	$4.7B	481

Questions about Migdal Insurance & Financial Holdings Ltd.'s portfolio

What stocks does Migdal Insurance & Financial Holdings Ltd. own?

Migdal Insurance & Financial Holdings Ltd.'s latest 13F, for Q2 2026 and filed Aug 10, 2026, lists 364 positions worth $15.6B. The largest are Teva Pharmaceutical Inds Ltd (TEVA) at 8.4%, State Street Technology Select Sector Sp (XLK) at 6.9%, Select Sector Spdr Tr (XLI) at 5.9%, Nova Ltd (NVMI) at 5.6% and Alphabet Inc (GOOG) at 5.0%.

What did Migdal Insurance & Financial Holdings Ltd. buy last quarter?

In Q2 2026, Migdal Insurance & Financial Holdings Ltd. added State Street Energy Select Sector Spdr E (XLE) (+257.9% shares), Microsoft Corp (MSFT) (+149.1% shares) and Astrazeneca PLC Ord (AZN) (+136.4% shares), compared with its Q1 2026 filing.

What did Migdal Insurance & Financial Holdings Ltd. sell last quarter?

In Q2 2026, Migdal Insurance & Financial Holdings Ltd. cut from its top 50 Invesco S&p 500 Equal Weight ETF (RSP), cut from its top 50 Lilly Eli & Co (LLY), cut from its top 50 Nice Ltd (NICE), cut from its top 50 Eaton Corp PLC (ETN), cut from its top 50 Cameco Corp Com (CCJ), Lam Research Corp (LRCX) (-50.2% shares), Taiwan Semiconductor Manufac (TSM) (-45.4% shares) and Spdr (XLU) (-38.9% shares), compared with its Q1 2026 filing.

How has Migdal Insurance & Financial Holdings Ltd.'s portfolio performed?

A portfolio copying Migdal Insurance & Financial Holdings Ltd.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +26.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +38.4% against +20.1%. Over 5 years: +12.7% a year against +11.6%.

When is Migdal Insurance & Financial Holdings Ltd.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Migdal Insurance & Financial Holdings Ltd.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.