Swiss Life Asset Management Ltd's Q2 2023 13F: 22 new positions, 20 exits
Form 13F-HR for the quarter ended Jun 30, 2023 · filed Dec 9, 2025 · 608 reported positions · accession 0001172661-25-005252
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | APPLE INC (AAPL) | 5.0% | 5.4% | +0.4 pts | −143K sh | −7% |
| Reduced | MICROSOFT CORP (MSFT) | 4.6% | 5.0% | +0.5 pts | −55,145 sh | −5% |
| Reduced | NVIDIA CORPORATION (NVDA) | 1.5% | 2.1% | +0.6 pts | −29,564 sh | −8% |
| Increased | XYLEM INC (XYL) | 0.1% | 0.3% | +0.2 pts | +100K sh | +114% |
| Reduced | XCEL ENERGY INC (XEL) | 0.3% | 0.1% | −0.2 pts | −174K sh | −63% |
| Reduced | CISCO SYS INC (CSCO) | 0.9% | 0.8% | −0.2 pts | −202K sh | −17% |
| Reduced | NETFLIX INC (NFLX) | 0.4% | 0.3% | −0.1 pts | −23,588 sh | −31% |
| Reduced | ACCENTURE PLC IRELAND (ACN) | 0.7% | 0.5% | −0.1 pts | −32,147 sh | −21% |
| Increased | MASTERCARD INCORPORATED (MA) | 0.6% | 0.8% | +0.2 pts | +22,867 sh | +21% |
| Reduced | CHEVRON CORP NEW (CVX) | 0.4% | 0.2% | −0.2 pts | −56,635 sh | −37% |
| Reduced | TEXAS INSTRS INC (TXN) | 0.7% | 0.6% | −0.2 pts | −48,891 sh | −18% |
| Exited | LIBERTY GLOBAL PLC (LBTYA) | 0.1% | — | −0.1 pts | −423K sh | −100% |
| Reduced | ADOBE SYSTEMS INCORPORATED (ADBE) | 0.5% | 0.6% | 0.0 pts | −17,172 sh | −18% |
| Reduced | UNITED PARCEL SERVICE INC (UPS) | 0.5% | 0.3% | −0.2 pts | −44,822 sh | −27% |
| Increased | PUBLIC SVC ENTERPRISE GRP IN (PEG) | 0.1% | 0.3% | +0.1 pts | +128K sh | +85% |
| Increased | CHENIERE ENERGY INC (LNG) | 0.1% | 0.2% | +0.1 pts | +52,629 sh | +154% |
| Reduced | DUKE ENERGY CORP NEW (DUK) | 0.4% | 0.2% | −0.1 pts | −88,237 sh | −35% |
| Reduced | PHILIP MORRIS INTL INC (PM) | 0.4% | 0.3% | −0.1 pts | −80,612 sh | −31% |
| Increased | PPG INDS INC (PPG) | 0.2% | 0.3% | +0.1 pts | +52,216 sh | +70% |
| Reduced | HP INC (HPQ) | 0.2% | 0.1% | −0.1 pts | −252K sh | −61% |
| Reduced | KROGER CO (KR) | 0.3% | 0.2% | −0.1 pts | −164K sh | −37% |
| Reduced | MORGAN STANLEY (MS) | 0.3% | 0.2% | −0.1 pts | −90,118 sh | −36% |
| Reduced | HEWLETT PACKARD ENTERPRISE C (HPE) | 0.2% | 0.1% | −0.1 pts | −434K sh | −46% |
| Reduced | ALPHABET INC (GOOGL) | 1.2% | 1.3% | +0.1 pts | −60,825 sh | −8% |
| Increased | PALO ALTO NETWORKS INC (PANW) | 0.0% | 0.1% | +0.1 pts | +28,289 sh | +591% |
| Increased | HESS CORP (HES) | 0.1% | 0.2% | +0.1 pts | +52,481 sh | +97% |
| Increased | KIMBERLY-CLARK CORP (KMB) | 0.2% | 0.3% | +0.1 pts | +50,654 sh | +47% |
| Reduced | REGIONS FINANCIAL CORP NEW (RF) | 0.2% | 0.1% | −0.1 pts | −390K sh | −55% |
| Reduced | STARBUCKS CORP (SBUX) | 0.3% | 0.2% | −0.1 pts | −69,784 sh | −33% |
| Reduced | QUEST DIAGNOSTICS INC (DGX) | 0.2% | 0.1% | −0.1 pts | −48,103 sh | −60% |
| Increased | NEXTERA ENERGY INC (NEE) | 0.3% | 0.4% | +0.1 pts | +90,939 sh | +33% |
| Increased | KEYSIGHT TECHNOLOGIES INC (KEYS) | 0.1% | 0.2% | +0.1 pts | +40,213 sh | +67% |
| Reduced | AGILENT TECHNOLOGIES INC (A) | 0.2% | 0.1% | −0.1 pts | −55,705 sh | −63% |
| Increased | FISERV INC (FISV) | 0.1% | 0.3% | +0.1 pts | +52,603 sh | +64% |
| Reduced | CONOCOPHILLIPS (COP) | 0.1% | 0.0% | −0.1 pts | −63,418 sh | −95% |
| Reduced | AMAZON COM INC (AMZN) | 1.8% | 2.1% | +0.3 pts | −50,282 sh | −4% |
| Increased | WORKDAY INC (WDAY) | 0.1% | 0.2% | +0.1 pts | +28,978 sh | +133% |
| Reduced | JPMORGAN CHASE & CO (JPM) | 0.7% | 0.7% | 0.0 pts | −43,873 sh | −13% |
| Reduced | ILLINOIS TOOL WKS INC (ITW) | 0.3% | 0.2% | −0.1 pts | −25,421 sh | −34% |
| Increased | INTUIT (INTU) | 0.2% | 0.3% | +0.1 pts | +13,751 sh | +39% |
| Increased | AUTODESK INC (ADSK) | 0.1% | 0.2% | +0.1 pts | +30,760 sh | +78% |
| Reduced | META PLATFORMS INC (META) | 0.5% | 0.6% | +0.1 pts | −21,846 sh | −13% |
| Increased | WEYERHAEUSER CO MTN BE (WY) | 0.0% | 0.1% | +0.1 pts | +186K sh | +257% |
| Increased | LILLY ELI & CO (LLY) | 0.6% | 0.9% | +0.3 pts | +13,048 sh | +11% |
| Reduced | BANK NEW YORK MELLON CORP (BK) | 0.2% | 0.1% | −0.1 pts | −135K sh | −58% |
| Reduced | SEAGATE TECHNOLOGY HLDNGS PL (STX) | 0.1% | 0.0% | −0.1 pts | −96,658 sh | −81% |
| Reduced | OLD DOMINION FREIGHT LINE IN (ODFL) | 0.2% | 0.2% | −0.1 pts | −16,095 sh | −35% |
| Reduced | JOHNSON & JOHNSON (JNJ) | 0.9% | 0.9% | 0.0 pts | −35,732 sh | −9% |
| Reduced | MERCK & CO INC (MRK) | 1.0% | 0.9% | 0.0 pts | −49,098 sh | −8% |
| Increased | INTUITIVE SURGICAL INC (ISRG) | 0.1% | 0.3% | +0.1 pts | +16,497 sh | +44% |
The 50 largest of 585 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:
- CANADIAN PACIFIC KANSAS CITY (CP): 13645T100 → 13646K108, 4,489 → 5,085 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 25.7% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 5.0% | 5.4% | |
| 2 | ISHARES TR (EEM) | 5.1% | 5.1% | |
| 3 | MICROSOFT CORP (MSFT) | 4.6% | 5.0% | |
| 4 | AMAZON COM INC (AMZN) | 1.8% | 2.1% | |
| 5 | NVIDIA CORPORATION (NVDA) | 1.5% | 2.1% | |
| 6 | ALPHABET INC (GOOG) | 1.2% | 1.4% | |
| 7 | ALPHABET INC (GOOGL) | 1.2% | 1.3% | |
| 8 | TESLA INC (TSLA) | 1.0% | 1.2% | |
| 9 | UNITEDHEALTH GROUP INC (UNH) | 1.1% | 1.2% | |
| 10 | MERCK & CO INC (MRK) | 1.0% | 0.9% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).