Assenagon Asset Management S A's Q1 2024 13F: 128 new positions, 159 exits
Form 13F-HR for the quarter ended Mar 31, 2024 · filed Apr 24, 2024 · 1314 reported positions · accession 0001546007-24-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | AMAZON COM INC (AMZN) | 5.1% | 7.1% | +1.9 pts | +3.69M sh | +33% |
| Increased | PDD HOLDINGS INC (PDD) | 0.0% | 1.6% | +1.6 pts | +5.06M sh | +15755% |
| Increased | ADVANCED MICRO DEVICES INC (AMD) | 1.0% | 2.2% | +1.2 pts | +2.36M sh | +106% |
| Reduced | PROCTER AND GAMBLE CO (PG) | 1.4% | 0.4% | −1.0 pts | −2.19M sh | −68% |
| Reduced | ABBVIE INC (ABBV) | 1.0% | 0.2% | −0.9 pts | −1.83M sh | −85% |
| Increased | INTUITIVE SURGICAL INC (ISRG) | 0.6% | 1.4% | +0.7 pts | +678K sh | +112% |
| Reduced | TEXAS INSTRS INC (TXN) | 0.9% | 0.1% | −0.8 pts | −1.47M sh | −87% |
| Increased | BROADCOM INC (AVGO) | 0.2% | 0.9% | +0.7 pts | +187K sh | +257% |
| Increased | APPLIED MATLS INC (AMAT) | 0.4% | 1.1% | +0.6 pts | +1.09M sh | +124% |
| Increased | SYNCHRONY FINANCIAL (SYF) | 0.1% | 0.6% | +0.6 pts | +5.09M sh | +995% |
| Increased | NETFLIX INC (NFLX) | 0.5% | 1.1% | +0.6 pts | +328K sh | +93% |
| Increased | NVIDIA CORPORATION (NVDA) | 2.9% | 5.1% | +2.2 pts | +209K sh | +11% |
| Reduced | PIONEER NAT RES CO (PXD) | 0.5% | 0.0% | −0.5 pts | −718K sh | −99% |
| Increased | CONOCOPHILLIPS (COP) | 0.0% | 0.5% | +0.5 pts | +1.42M sh | +3931% |
| Increased | ELI LILLY & CO (LLY) | 0.5% | 1.1% | +0.6 pts | +229K sh | +80% |
| Increased | TE CONNECTIVITY LTD (TELXXXX) | 0.1% | 0.5% | +0.5 pts | +1.21M sh | +1000% |
| Reduced | MARATHON PETE CORP (MPC) | 0.4% | 0.0% | −0.4 pts | −821K sh | −93% |
| Increased | QUALCOMM INC (QCOM) | 0.4% | 0.8% | +0.4 pts | +931K sh | +99% |
| Reduced | CVS HEALTH CORP (CVS) | 0.5% | 0.1% | −0.5 pts | −1.91M sh | −88% |
| Increased | COSTCO WHSL CORP NEW (COST) | 0.0% | 0.4% | +0.4 pts | +200K sh | +1284% |
| Increased | PAYPAL HLDGS INC (PYPL) | 0.5% | 0.9% | +0.4 pts | +2.19M sh | +80% |
| Reduced | MASTERCARD INCORPORATED (MA) | 1.2% | 0.8% | −0.4 pts | −300K sh | −32% |
| Increased | ALPHABET INC (GOOGL) | 4.2% | 4.3% | +0.1 pts | +933K sh | +9% |
| Increased | SUNCOR ENERGY INC NEW (SU) | 0.1% | 0.4% | +0.4 pts | +3.78M sh | +669% |
| Reduced | MICROSOFT CORP (MSFT) | 6.8% | 6.2% | −0.5 pts | −325K sh | −6% |
| Reduced | DOORDASH INC (DASH) | 0.3% | 0.0% | −0.3 pts | −980K sh | −88% |
| Reduced | ANALOG DEVICES INC (ADI) | 0.4% | 0.0% | −0.4 pts | −630K sh | −96% |
| Increased | UBER TECHNOLOGIES INC (UBER) | 0.2% | 0.6% | +0.3 pts | +1.59M sh | +124% |
| Increased | APPLE INC (AAPL) | 4.1% | 3.5% | −0.6 pts | +700K sh | +10% |
| Reduced | SALESFORCE INC (CRM) | 0.6% | 0.3% | −0.3 pts | −398K sh | −50% |
| Reduced | STARBUCKS CORP (SBUX) | 0.5% | 0.1% | −0.4 pts | −1.27M sh | −68% |
| Reduced | META PLATFORMS INC (META) | 2.7% | 2.9% | +0.2 pts | −235K sh | −10% |
| Reduced | PROGRESSIVE CORP (PGR) | 0.3% | 0.0% | −0.3 pts | −540K sh | −97% |
| Reduced | OREILLY AUTOMOTIVE INC (ORLY) | 0.6% | 0.4% | −0.3 pts | −95,801 sh | −44% |
| Reduced | MARSH & MCLENNAN COS INC (MRSH) | 0.3% | 0.0% | −0.3 pts | −519K sh | −97% |
| Reduced | THE CIGNA GROUP (CI) | 0.4% | 0.1% | −0.3 pts | −285K sh | −74% |
| Increased | DELL TECHNOLOGIES INC (DELL) | 0.1% | 0.4% | +0.3 pts | +905K sh | +312% |
| Reduced | COLGATE PALMOLIVE CO (CL) | 0.3% | 0.1% | −0.3 pts | −1.14M sh | −80% |
| Reduced | COCA COLA CO (KO) | 0.6% | 0.3% | −0.3 pts | −1.64M sh | −46% |
| Reduced | AMGEN INC (AMGN) | 0.8% | 0.4% | −0.4 pts | −351K sh | −39% |
| Increased | ADOBE INC (ADBE) | 0.2% | 0.4% | +0.2 pts | +193K sh | +162% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 2.9% | 3.2% | +0.3 pts | +231K sh | +9% |
| Reduced | LENNAR CORP (LEN) | 0.3% | 0.0% | −0.3 pts | −561K sh | −85% |
| Increased | CROWDSTRIKE HLDGS INC (CRWD) | 0.0% | 0.3% | +0.3 pts | +297K sh | +5889% |
| Increased | AON PLC (AON) | 0.1% | 0.3% | +0.2 pts | +276K sh | +402% |
| Reduced | PPG INDS INC (PPG) | 0.3% | 0.0% | −0.3 pts | −620K sh | −86% |
| Increased | NEXTRACKER INC (NXT) | 0.0% | 0.2% | +0.2 pts | +1.58M sh | +21759% |
| Reduced | HESS CORP (HES) | 0.3% | 0.0% | −0.3 pts | −582K sh | −98% |
| Increased | HOME DEPOT INC (HD) | 0.4% | 0.6% | +0.2 pts | +231K sh | +69% |
| Increased | GILEAD SCIENCES INC (GILD) | 0.1% | 0.3% | +0.2 pts | +1.2M sh | +380% |
The 50 largest of 1,412 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
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- QIAGEN NV (QGEN): N72482123 → N72482149, 803K → 9,390 shares (share count changed with the identifier; not shown as a trade)
- COOPER COS INC (COO): 216648402 → 216648501, 42,493 → 410K shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 37.9% of the equity book
Changes in the top 10 this quarter: AMD entered · PDD entered · PG left · MA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | AMAZON COM INC (AMZN) | 5.1% | 7.1% | |
| 2 | MICROSOFT CORP (MSFT) | 6.8% | 6.2% | |
| 3 | NVIDIA CORPORATION (NVDA) | 2.9% | 5.1% | |
| 4 | ALPHABET INC (GOOGL) | 4.2% | 4.3% | |
| 5 | APPLE INC (AAPL) | 4.1% | 3.5% | |
| 6 | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 2.9% | 3.2% | |
| 7 | META PLATFORMS INC (META) | 2.7% | 2.9% | |
| 8 | ADVANCED MICRO DEVICES INC (AMD) | 1.0% | 2.2% | Entered the top 10 |
| 9 | ALPHABET INC (GOOG) | 2.0% | 1.8% | |
| 10 | PDD HOLDINGS INC (PDD) | 0.0% | 1.6% | Entered the top 10 |
| — | PROCTER AND GAMBLE CO (PG) | 1.4% | 0.4% | Left the top 10 |
| — | MASTERCARD INCORPORATED (MA) | 1.2% | 0.8% | 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 | JPMORGAN CHASE & CO (JPM) | Put | 7.41M | 4.95M | $991M |
| Reduced | APPLE INC (AAPL) | Put | 4.35M | 3.92M | $671M |
| Increased | PRUDENTIAL FINL INC (PRU) | Put | 790K | 1.73M | $203M |
| Increased | AMERICAN INTL GROUP INC (AIG) | Put | 1.16M | 2.02M | $158M |
| Reduced | T-MOBILE US INC (TMUSZ) | Put | 632K | 220K | $35.9M |
| Reduced | JPMORGAN CHASE & CO (VYLD) | Call | 1.09M | 620K | $124M |
| Increased | PRUDENTIAL FINL INC (PRU) | Call | 240K | 680K | $79.8M |
| Increased | CITIGROUP INC (C) | Call | 3.04M | 3.19M | $202M |
| Reduced | CITIGROUP INC (C) | Put | 8.89M | 6.55M | $414M |
| Reduced | BANK AMERICA CORP (BAC) | Put | 12.88M | 12.55M | $476M |
| Increased | METLIFE INC (MET) | Put | 1.43M | 1.78M | $132M |
| Reduced | AMERICAN EXPRESS CO (AXP) | Put | 500K | 250K | $56.9M |
| Increased | APPLE INC (AAPL) | Call | 1.08M | 1.41M | $242M |
| Exited | UNITEDHEALTH GROUP INC (UNH) | Put | 65,000 | 0 | $0 |
| Exited | BOOKING HOLDINGS INC (BKNG) | Put | 9,000 | 0 | $0 |
| Increased | AMERICAN INTL GROUP INC (AIG) | Call | 410K | 620K | $48.5M |
| Exited | STARBUCKS CORP (SBUX) | Put | 200K | 0 | $0 |
| Reduced | GOLDMAN SACHS GROUP INC (GS) | Call | 185K | 130K | $54.3M |
| Reduced | BANK AMERICA CORP (BAC) | Call | 5.18M | 5M | $190M |
| Reduced | AMERICAN EXPRESS CO (AXP) | Call | 150K | 70,000 | $15.9M |
| Exited | UNITEDHEALTH GROUP INC (UNH) | Call | 20,000 | 0 | $0 |
| Reduced | T-MOBILE US INC (TMUS) | Call | 162K | 100K | $16.3M |
| Reduced | GOLDMAN SACHS GROUP INC (GS) | Put | 710K | 635K | $265M |
| Exited | CVS HEALTH CORP (CVS) | Call | 90,000 | 0 | $0 |
| Exited | EBAY INC. (EBAY) | Call | 35,700 | 0 | $0 |