Assenagon Asset Management S A's Q1 2023 13F: 203 new positions, 137 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed Apr 18, 2023 · 1355 reported positions · accession 0001546007-23-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | MICROSOFT CORP (MSFT) | 6.2% | 4.8% | −1.4 pts | −2.05M sh | −33% |
| Reduced | META PLATFORMS INC (META) | 2.9% | 2.7% | −0.3 pts | −2.7M sh | −46% |
| Increased | NVIDIA CORPORATION (NVDA) | 0.4% | 2.1% | +1.7 pts | +1.31M sh | +224% |
| Increased | PDD HOLDINGS INC (PDD) | 0.0% | 1.4% | +1.3 pts | +4.51M sh | +3618% |
| Increased | APPLE INC (AAPL) | 1.9% | 3.5% | +1.7 pts | +1.94M sh | +55% |
| Reduced | DISNEY WALT CO (DIS) | 1.3% | 0.5% | −0.8 pts | −2.25M sh | −62% |
| Reduced | EXXON MOBIL CORP (XOM) | 1.2% | 0.3% | −0.9 pts | −2M sh | −77% |
| Reduced | CHEVRON CORP NEW (CVX) | 1.1% | 0.1% | −1.0 pts | −1.34M sh | −92% |
| Increased | NETFLIX INC (NFLX) | 0.1% | 1.0% | +0.9 pts | +624K sh | +560% |
| Reduced | ADVANCED MICRO DEVICES INC (AMD) | 1.1% | 0.7% | −0.3 pts | −2.17M sh | −53% |
| Exited | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 0.8% | — | −0.8 pts | −2.66M sh | −100% |
| Increased | INTEL CORP (INTC) | 0.5% | 1.2% | +0.7 pts | +5.03M sh | +114% |
| Reduced | BOOKING HOLDINGS INC (BKNG) | 0.9% | 0.5% | −0.4 pts | −61,644 sh | −56% |
| Reduced | LILLY ELI & CO (LLY) | 0.9% | 0.2% | −0.7 pts | −445K sh | −76% |
| Increased | PFIZER INC (PFE) | 0.7% | 1.1% | +0.4 pts | +3.69M sh | +116% |
| Increased | MERCADOLIBRE INC (MELI) | 0.2% | 0.9% | +0.7 pts | +108K sh | +169% |
| Reduced | SHOPIFY INC (SHOP) | 0.4% | 0.0% | −0.4 pts | −2.77M sh | −98% |
| Reduced | WORKDAY INC (WDAY) | 0.6% | 0.2% | −0.4 pts | −609K sh | −75% |
| Reduced | ZOETIS INC (ZTS) | 0.5% | 0.1% | −0.4 pts | −753K sh | −84% |
| Reduced | MCDONALDS CORP (MCD) | 0.8% | 0.3% | −0.4 pts | −419K sh | −59% |
| Reduced | TENET HEALTHCARE CORP (THC) | 0.4% | 0.0% | −0.4 pts | −1.94M sh | −99% |
| Increased | EVOQUA WATER TECHNOLOGIES CO (AQUA) | 0.0% | 0.5% | +0.5 pts | +2.31M sh | +935% |
| Increased | SEAGEN INC (SGEN) | 0.0% | 0.5% | +0.4 pts | +548K sh | +2326% |
| Increased | WALMART INC (WMT) | 0.2% | 0.6% | +0.4 pts | +685K sh | +187% |
| Increased | ALCON AG (ALC) | 0.1% | 0.5% | +0.4 pts | +1.38M sh | +261% |
| Reduced | PAYPAL HLDGS INC (PYPL) | 0.7% | 0.4% | −0.4 pts | −1.26M sh | −52% |
| Increased | MADRIGAL PHARMACEUTICALS INC (MDGL) | 0.1% | 0.5% | +0.3 pts | +392K sh | +315% |
| Reduced | RAYTHEON TECHNOLOGIES CORP (RTX) | 0.4% | 0.0% | −0.4 pts | −966K sh | −91% |
| Increased | LANTHEUS HLDGS INC (LNTH) | 0.1% | 0.5% | +0.4 pts | +1.14M sh | +369% |
| Increased | MCKESSON CORP (MCK) | 0.1% | 0.4% | +0.4 pts | +262K sh | +566% |
| Reduced | SKYWORKS SOLUTIONS INC (SWKS) | 0.3% | 0.0% | −0.3 pts | −760K sh | −90% |
| Reduced | EBAY INC. (EBAY) | 0.4% | 0.1% | −0.3 pts | −2.01M sh | −86% |
| Increased | ABBOTT LABS (ABT) | 0.2% | 0.5% | +0.3 pts | +881K sh | +257% |
| Reduced | ALPHABET INC (GOOGL) | 3.7% | 3.8% | +0.1 pts | −852K sh | −8% |
| Increased | SCHWAB CHARLES CORP (SCHW) | 0.1% | 0.4% | +0.3 pts | +1.64M sh | +811% |
| Reduced | COSTCO WHSL CORP NEW (COST) | 0.4% | 0.0% | −0.3 pts | −169K sh | −89% |
| Reduced | TYSON FOODS INC (TSN) | 0.4% | 0.0% | −0.4 pts | −1.4M sh | −88% |
| Increased | DECKERS OUTDOOR CORP (DECK) | 0.0% | 0.3% | +0.3 pts | +181K sh | +2118% |
| Increased | COCA COLA CO (KO) | 0.4% | 0.7% | +0.3 pts | +1.31M sh | +91% |
| Reduced | APPLIED MATLS INC (AMAT) | 0.3% | 0.1% | −0.2 pts | −650K sh | −81% |
| Exited | VISTRA CORP (VST) | 0.3% | — | −0.3 pts | −3.29M sh | −100% |
| Increased | AMERICAN INTL GROUP INC (AIG) | 0.0% | 0.3% | +0.3 pts | +1.58M sh | +8041% |
| Increased | PROCTER AND GAMBLE CO (PG) | 1.1% | 1.3% | +0.2 pts | +518K sh | +30% |
| Increased | E L F BEAUTY INC (ELF) | 0.1% | 0.5% | +0.4 pts | +906K sh | +140% |
| Exited | JD.COM INC (JD) | 0.3% | — | −0.3 pts | −1.25M sh | −100% |
| Reduced | INCYTE CORP (INCY) | 0.4% | 0.0% | −0.3 pts | −1.01M sh | −90% |
| Reduced | WEST PHARMACEUTICAL SVSC INC (WST) | 0.2% | 0.0% | −0.2 pts | −210K sh | −92% |
| Increased | ALTERYX INC (AYX) | 0.1% | 0.3% | +0.3 pts | +1.21M sh | +471% |
| Reduced | MARSH & MCLENNAN COS INC (MRSH) | 0.3% | 0.0% | −0.3 pts | −422K sh | −97% |
| Reduced | INSPIRE MED SYS INC (INSP) | 0.4% | 0.0% | −0.3 pts | −299K sh | −88% |
The 50 largest of 1,444 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
* Prior share counts adjusted or corrected for a stock split — changes are measured from the adjusted count:
- NUTRIEN LTD (NTR): 17,304 shares as filed last quarter, 17,304 after adjustment → 16,703 now (prior share count corrected for a stock split)
- PACCAR INC (PCAR): 205K shares as filed last quarter, 307K after adjustment → 211K now (prior share count adjusted for a stock split)
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- LINDE PLC (LIN): G5494J103 → G54950103, 42,850 → 359K shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 28.2% of the equity book
Changes in the top 10 this quarter: NVDA entered · PDD entered · PG entered · GOOG entered · DIS left · XOM left · ATVI left · AMD left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | AMAZON COM INC (AMZN) | 4.3% | 4.9% | |
| 2 | MICROSOFT CORP (MSFT) | 6.2% | 4.8% | |
| 3 | ALPHABET INC (GOOGL) | 3.7% | 3.8% | |
| 4 | APPLE INC (AAPL) | 1.9% | 3.5% | |
| 5 | META PLATFORMS INC (META) | 2.9% | 2.7% | |
| 6 | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 2.8% | 2.5% | |
| 7 | NVIDIA CORPORATION (NVDA) | 0.4% | 2.1% | Entered the top 10 |
| 8 | PDD HOLDINGS INC (PDD) | 0.0% | 1.4% | Entered the top 10 |
| 9 | PROCTER AND GAMBLE CO (PG) | 1.1% | 1.3% | Entered the top 10 |
| 10 | ALPHABET INC (GOOG) | 1.0% | 1.2% | Entered the top 10 |
| — | DISNEY WALT CO (DIS) | 1.3% | 0.5% | Left the top 10 |
| — | EXXON MOBIL CORP (XOM) | 1.2% | 0.3% | Left the top 10 |
| — | ACTIVISION BLIZZARD INC (ATVI) | 1.1% | 1.0% | Left the top 10 |
| — | ADVANCED MICRO DEVICES INC (AMD) | 1.1% | 0.7% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Reduced | BANK AMERICA CORP (BAC) | Put | 16.87M | 11.18M | $320M |
| Increased | APPLE INC (AAPL) | Put | 1.88M | 2.04M | $336M |
| Exited | UBS GROUP AG (UBS) | Put | 4.7M | 0 | $0 |
| Exited | HOME DEPOT INC (HD) | Put | 270K | 0 | $0 |
| Reduced | GOLDMAN SACHS GROUP INC (GS) | Put | 767K | 560K | $183M |
| Increased | JPMORGAN CHASE & CO (JPM) | Put | 4.17M | 4.87M | $634M |
| Exited | STARBUCKS CORP (SBUX) | Put | 680K | 0 | $0 |
| Reduced | METLIFE INC (MET) | Put | 2.69M | 2.28M | $132M |
| Increased | CITIGROUP INC (C) | Put | 2.55M | 3.75M | $176M |
| Increased | JPMORGAN CHASE & CO (VYLD) | Call | 1.24M | 1.58M | $205M |
| Exited | UBS GROUP AG (UBS) | Call | 1.9M | 0 | $0 |
| Exited | GENERAL ELECTRIC CO (GE) | Put | 420K | 0 | $0 |
| Reduced | CITIGROUP INC (C) | Call | 2.98M | 2.15M | $101M |
| Exited | STARBUCKS CORP (SBUX) | Call | 330K | 0 | $0 |
| Reduced | BANK AMERICA CORP (BAC) | Call | 6.84M | 6.78M | $194M |
| Reduced | CVS HEALTH CORP (CVS) | Put | 290K | 90,000 | $6.69M |
| Reduced | T-MOBILE US INC (TMUSZ) | Put | 942K | 787K | $114M |
| Exited | BROADCOM INC (AVGO) | Call | 20,000 | 0 | $0 |
| Reduced | BROADCOM INC (AVGO) | Put | 60,000 | 35,000 | $22.5M |
| Exited | GENERAL ELECTRIC CO (GE) | Call | 120K | 0 | $0 |
| Exited | HOME DEPOT INC (HD) | Call | 30,000 | 0 | $0 |
| Reduced | APPLE INC (AAPL) | Call | 845K | 715K | $118M |
| Reduced | GOLDMAN SACHS GROUP INC (GS) | Call | 190K | 185K | $60.5M |
| Increased | METLIFE INC (MET) | Call | 860K | 1.03M | $59.7M |
| Exited | LINDE PLC (LIN) | Call | 3,100 | 0 | $0 |