GENERALI ASSET MANAGEMENT SPA SGR

PrivateCIK: 2046751

Location

TRIESTE, L6

504

Positions

$5.73B

Total AUM (reported)

64.89M

Total Shares

Allocation by class

COM$3.91B68.2%

SHS$237.20M4.1%

COM NEW$199.33M3.5%

CAP STK CL A$179.02M3.1%

CL A$175.69M3.1%

CAP STK CL C$148.87M2.6%

UTSER1 S&PDCRP$118.17M2.1%

Portfolio Concentration

Top 3$1.00B17.5%

4–10$892.51M15.6%

11–25$997.53M17.4%

Rest$2.84B49.6%

Top 3 weight

17.5%

Top 10 weight

33.0%

Voting Authority Distribution

Total shares with voting rights: 64.89M

Sole

Full voting authority

9.46M

% of voting shares14.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

55.43M

% of voting shares85.4%

Investment Discretion (by position count)

Sole504

Shared0

Other0

Dominant voting typeNone · 85.4% of voting shares

Institutional Holdings504

Rows:

NVIDIA CORPORATION

SOLE

COM

Shares2.15M

TypeSH

Market value$489.91M

8.54%

Sole

551.97K

Shared

0.00

None

1.59M

MICROSOFT CORP

SOLE

COM

Shares608.57K

TypeSH

Market value$312.14M

5.44%

Sole

136.67K

Shared

0.00

None

471.90K

APPLE INC

SOLE

COM

Shares597.07K

TypeSH

Market value$198.84M

3.47%

Sole

266.64K

Shared

0.00

None

330.43K

ALPHABET INC

SOLE

CAP STK CL A

Shares520.29K

TypeSH

Market value$179.02M

3.12%

Sole

124.81K

Shared

0.00

None

395.48K

ARES CAPITAL CORP

SOLE

COM

Shares7.95M

TypeSH

Market value$151.86M

2.65%

Sole

0.00

Shared

0.00

None

7.95M

ALPHABET INC

SOLE

CAP STK CL C

Shares436.90K

TypeSH

Market value$148.87M

2.60%

Sole

105.68K

Shared

0.00

None

331.22K

STATE STR SPDR S&P MIDCAP 40

SOLE

UTSER1 S&PDCRP

Shares179.95K

TypeSH

Market value$118.17M

2.06%

Sole

0.00

Shared

0.00

None

179.95K

ASTRAZENECA PLC

SOLE

ORD

Shares848.37K

TypeSH

Market value$104.18M

1.82%

Sole

86.65K

Shared

0.00

None

761.71K

AMAZON COM INC

SOLE

COM

Shares391.75K

TypeSH

Market value$97.60M

1.70%

Sole

162.90K

Shared

0.00

None

228.85K

BROADCOM INC

SOLE

COM

Shares264.23K

TypeSH

Market value$92.79M

1.62%

Sole

103.62K

Shared

0.00

None

160.61K

NEWMONT CORP

SOLE

COM

Shares791.93K

TypeSH

Market value$91.34M

1.59%

Sole

140.32K

Shared

0.00

None

651.61K

UBS GROUP AG

SOLE

SHS

Shares2.21M

TypeSH

Market value$88.94M

1.55%

Sole

199.35K

Shared

0.00

None

2.01M

TOTALENERGIES SE

SOLE

ACT

Shares1.16M

TypeSH

Market value$87.99M

1.53%

Sole

451.85K

Shared

0.00

None

710.46K

ADVANCED MICRO DEVICES INC

SOLE

COM

Shares143.14K

TypeSH

Market value$87.56M

1.53%

Sole

36.60K

Shared

0.00

None

106.54K

TESLA INC

SOLE

COM

Shares246.45K

TypeSH

Market value$87.44M

1.53%

Sole

51.80K

Shared

0.00

None

194.65K

ELI LILLY & CO

SOLE

COM

Shares68.03K

TypeSH

Market value$78.72M

1.37%

Sole

16.16K

Shared

0.00

None

51.87K

BLACKSTONE SECD LENDING FD

SOLE

COMMON STOCK

Shares2.76M

TypeSH

Market value$66.06M

1.15%

Sole

0.00

Shared

0.00

None

2.76M

MICRON TECHNOLOGY INC

SOLE

COM

Shares60.42K

TypeSH

Market value$64.35M

1.12%

Sole

28.35K

Shared

0.00

None

32.07K

JPMORGAN CHASE & CO

SOLE

COM

Shares178.54K

TypeSH

Market value$59.07M

1.03%

Sole

80.75K

Shared

0.00

None

97.79K

VISA INC

SOLE

COM CL A

Shares153.46K

TypeSH

Market value$55.14M

0.96%

Sole

36.83K

Shared

0.00

None

116.62K

MERCK & CO INC

SOLE

COM

Shares321.34K

TypeSH

Market value$46.69M

0.81%

Sole

67.03K

Shared

0.00

None

254.30K

AGNICO EAGLE MINES LTD

SOLE

COM

Shares207.55K

TypeSH

Market value$46.35M

0.81%

Sole

65.60K

Shared

0.00

None

141.96K

WHEATON PRECIOUS METALS CORP

SOLE

COM

Shares309.24K

TypeSH

Market value$46.32M

0.81%

Sole

60.60K

Shared

0.00

None

248.65K

BLUE OWL CAPITAL CORPORATION

SOLE

COM

Shares4.38M

TypeSH

Market value$45.92M

0.80%

Sole

0.00

Shared

0.00

None

4.38M

MASTERCARD INCORPORATED

SOLE

CL A

Shares82.75K

TypeSH

Market value$45.63M

0.80%

Sole

20.87K

Shared

0.00

None

61.88K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
NVIDIA CORPORATIONSOLE	COM	2.15M	SH	$489.91M 8.54%	551.97K	1.59M
MICROSOFT CORPSOLE	COM	608.57K	SH	$312.14M 5.44%	136.67K	471.90K
APPLE INCSOLE	COM	597.07K	SH	$198.84M 3.47%	266.64K	330.43K
ALPHABET INCSOLE	CAP STK CL A	520.29K	SH	$179.02M 3.12%	124.81K	395.48K
ARES CAPITAL CORPSOLE	COM	7.95M	SH	$151.86M 2.65%	0.00	7.95M
ALPHABET INCSOLE	CAP STK CL C	436.90K	SH	$148.87M 2.60%	105.68K	331.22K
STATE STR SPDR S&P MIDCAP 40SOLE	UTSER1 S&PDCRP	179.95K	SH	$118.17M 2.06%	0.00	179.95K
ASTRAZENECA PLCSOLE	ORD	848.37K	SH	$104.18M 1.82%	86.65K	761.71K
AMAZON COM INCSOLE	COM	391.75K	SH	$97.60M 1.70%	162.90K	228.85K
BROADCOM INCSOLE	COM	264.23K	SH	$92.79M 1.62%	103.62K	160.61K
NEWMONT CORPSOLE	COM	791.93K	SH	$91.34M 1.59%	140.32K	651.61K
UBS GROUP AGSOLE	SHS	2.21M	SH	$88.94M 1.55%	199.35K	2.01M
TOTALENERGIES SESOLE	ACT	1.16M	SH	$87.99M 1.53%	451.85K	710.46K
ADVANCED MICRO DEVICES INCSOLE	COM	143.14K	SH	$87.56M 1.53%	36.60K	106.54K
TESLA INCSOLE	COM	246.45K	SH	$87.44M 1.53%	51.80K	194.65K
ELI LILLY & COSOLE	COM	68.03K	SH	$78.72M 1.37%	16.16K	51.87K
BLACKSTONE SECD LENDING FDSOLE	COMMON STOCK	2.76M	SH	$66.06M 1.15%	0.00	2.76M
MICRON TECHNOLOGY INCSOLE	COM	60.42K	SH	$64.35M 1.12%	28.35K	32.07K
JPMORGAN CHASE & COSOLE	COM	178.54K	SH	$59.07M 1.03%	80.75K	97.79K
VISA INCSOLE	COM CL A	153.46K	SH	$55.14M 0.96%	36.83K	116.62K
MERCK & CO INCSOLE	COM	321.34K	SH	$46.69M 0.81%	67.03K	254.30K
AGNICO EAGLE MINES LTDSOLE	COM	207.55K	SH	$46.35M 0.81%	65.60K	141.96K
WHEATON PRECIOUS METALS CORPSOLE	COM	309.24K	SH	$46.32M 0.81%	60.60K	248.65K
BLUE OWL CAPITAL CORPORATIONSOLE	COM	4.38M	SH	$45.92M 0.80%	0.00	4.38M
MASTERCARD INCORPORATEDSOLE	CL A	82.75K	SH	$45.63M 0.80%	20.87K	61.88K

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