Filed: 2/12/2026ACC: 0002094371-26-000002
📋 What this filing means
SAVA PENZISKO DRUSHTVO A.D. SKOPJE filed this quarterly 13F‑HR report disclosing 25 equity positions with a total reported market value of $309.58M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
25
Positions
$309.58M
Total AUM (reported)
3.49M
Total Shares
Allocation by class
COM$45.11M14.6%
MSCI WORLD ETF$37.62M12.2%
GLOBAL TECH ETF$31.12M10.1%
MSCI FINLS IDX$26.58M8.6%
CORE S&P MCP ETF$25.17M8.1%
FTSE PACIFIC ETF$15.93M5.1%
STATE STREET HEA$14.79M4.8%
Portfolio Concentration
Top 3$95.31M30.8%
4–10$105.41M34.1%
11–25$108.86M35.2%
Top 3 weight
30.8%
Top 10 weight
64.8%
Voting Authority Distribution
Total shares with voting rights: 3.49M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
3.49M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole25
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings25
Rows:
ISHARES INC
SOLEShares202.50K
TypeSH
Market value$37.62M
12.15%
Sole
0.00
Shared
0.00
None
202.50K
ISHARES TR
SOLEShares296.35K
TypeSH
Market value$31.12M
10.05%
Sole
0.00
Shared
0.00
None
296.35K
FIDELITY COVINGTON TRUST
SOLEShares341.87K
TypeSH
Market value$26.58M
8.58%
Sole
0.00
Shared
0.00
None
341.87K
ISHARES TR
SOLEShares381.32K
TypeSH
Market value$25.17M
8.13%
Sole
0.00
Shared
0.00
None
381.32K
VANGUARD INTL EQUITY INDEX F
SOLEShares176.23K
TypeSH
Market value$15.93M
5.15%
Sole
0.00
Shared
0.00
None
176.23K
SELECT SECTOR SPDR TR
SOLEShares95.57K
TypeSH
Market value$14.79M
4.78%
Sole
0.00
Shared
0.00
None
95.57K
FIRST TR EXCHANGE TRADED FD
SOLEShares194.80K
TypeSH
Market value$13.92M
4.50%
Sole
0.00
Shared
0.00
None
194.80K
VANECK ETF TRUST
SOLEShares150.07K
TypeSH
Market value$12.87M
4.16%
Sole
0.00
Shared
0.00
None
150.07K
ISHARES TR
SOLEShares41.94K
TypeSH
Market value$12.63M
4.08%
Sole
0.00
Shared
0.00
None
41.94K
AMAZON COM INC
SOLEShares43.76K
TypeSH
Market value$10.10M
3.26%
Sole
0.00
Shared
0.00
None
43.76K
SPDR SERIES TRUST
SOLEShares165.82K
TypeSH
Market value$9.90M
3.20%
Sole
0.00
Shared
0.00
None
165.82K
ISHARES TR
SOLEShares145.15K
TypeSH
Market value$9.02M
2.91%
Sole
0.00
Shared
0.00
None
145.15K
SELECT SECTOR SPDR TR
SOLEShares75.51K
TypeSH
Market value$8.89M
2.87%
Sole
0.00
Shared
0.00
None
75.51K
NVIDIA CORPORATION
SOLEShares46.16K
TypeSH
Market value$8.61M
2.78%
Sole
0.00
Shared
0.00
None
46.16K
ISHARES TR
SOLEShares504.94K
TypeSH
Market value$8.30M
2.68%
Sole
0.00
Shared
0.00
None
504.94K
MICROSOFT CORP
SOLEShares16.66K
TypeSH
Market value$8.06M
2.60%
Sole
0.00
Shared
0.00
None
16.66K
AMPLIFY ETF TR
SOLEShares153.57K
TypeSH
Market value$7.99M
2.58%
Sole
0.00
Shared
0.00
None
153.57K
ALPHABET INC
SOLEShares25.29K
TypeSH
Market value$7.94M
2.56%
Sole
0.00
Shared
0.00
None
25.29K
ALPHABET INC
SOLEShares25.27K
TypeSH
Market value$7.91M
2.56%
Sole
0.00
Shared
0.00
None
25.27K
APPLE INC
SOLEShares25.85K
TypeSH
Market value$7.03M
2.27%
Sole
0.00
Shared
0.00
None
25.85K
HONEYWELL INTL INC
SOLEShares32.06K
TypeSH
Market value$6.25M
2.02%
Sole
0.00
Shared
0.00
None
32.06K
ISHARES TR
SOLEShares117.57K
TypeSH
Market value$5.66M
1.83%
Sole
0.00
Shared
0.00
None
117.57K
PAYPAL HLDGS INC
SOLEShares86.82K
TypeSH
Market value$5.07M
1.64%
Sole
0.00
Shared
0.00
None
86.82K
SELECT SECTOR SPDR TR
SOLEShares110.23K
TypeSH
Market value$4.71M
1.52%
Sole
0.00
Shared
0.00
None
110.23K
LAUDER ESTEE COS INC
SOLEShares33.71K
TypeSH
Market value$3.53M
1.14%
Sole
0.00
Shared
0.00
None
33.71K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES INCSOLE | MSCI WORLD ETF | 202.50K | SH | $37.62M 12.15% | 0.00 | 0.00 | 202.50K |
ISHARES TRSOLE | GLOBAL TECH ETF | 296.35K | SH | $31.12M 10.05% | 0.00 | 0.00 | 296.35K |
FIDELITY COVINGTON TRUSTSOLE | MSCI FINLS IDX | 341.87K | SH | $26.58M 8.58% | 0.00 | 0.00 | 341.87K |
ISHARES TRSOLE | CORE S&P MCP ETF | 381.32K | SH | $25.17M 8.13% | 0.00 | 0.00 | 381.32K |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE PACIFIC ETF | 176.23K | SH | $15.93M 5.15% | 0.00 | 0.00 | 176.23K |
SELECT SECTOR SPDR TRSOLE | STATE STREET HEA | 95.57K | SH | $14.79M 4.78% | 0.00 | 0.00 | 95.57K |
FIRST TR EXCHANGE TRADED FDSOLE | NASDAQ CYB ETF | 194.80K | SH | $13.92M 4.50% | 0.00 | 0.00 | 194.80K |
VANECK ETF TRUSTSOLE | GOLD MINERS ETF | 150.07K | SH | $12.87M 4.16% | 0.00 | 0.00 | 150.07K |
ISHARES TRSOLE | ISHARES SEMICDTR | 41.94K | SH | $12.63M 4.08% | 0.00 | 0.00 | 41.94K |
AMAZON COM INCSOLE | COM | 43.76K | SH | $10.10M 3.26% | 0.00 | 0.00 | 43.76K |
SPDR SERIES TRUSTSOLE | STATE STREET SPD | 165.82K | SH | $9.90M 3.20% | 0.00 | 0.00 | 165.82K |
ISHARES TRSOLE | U.S. MED DVC ETF | 145.15K | SH | $9.02M 2.91% | 0.00 | 0.00 | 145.15K |
SELECT SECTOR SPDR TRSOLE | STATE STREET COM | 75.51K | SH | $8.89M 2.87% | 0.00 | 0.00 | 75.51K |
NVIDIA CORPORATIONSOLE | COM | 46.16K | SH | $8.61M 2.78% | 0.00 | 0.00 | 46.16K |
ISHARES TRSOLE | GL CLEAN ENE ETF | 504.94K | SH | $8.30M 2.68% | 0.00 | 0.00 | 504.94K |
MICROSOFT CORPSOLE | COM | 16.66K | SH | $8.06M 2.60% | 0.00 | 0.00 | 16.66K |
AMPLIFY ETF TRSOLE | AMPLIFY DGTL PAY | 153.57K | SH | $7.99M 2.58% | 0.00 | 0.00 | 153.57K |
ALPHABET INCSOLE | CAP STK CL C | 25.29K | SH | $7.94M 2.56% | 0.00 | 0.00 | 25.29K |
ALPHABET INCSOLE | CAP STK CL A | 25.27K | SH | $7.91M 2.56% | 0.00 | 0.00 | 25.27K |
APPLE INCSOLE | COM | 25.85K | SH | $7.03M 2.27% | 0.00 | 0.00 | 25.85K |
HONEYWELL INTL INCSOLE | COM | 32.06K | SH | $6.25M 2.02% | 0.00 | 0.00 | 32.06K |
ISHARES TRSOLE | CYBERSECURITY | 117.57K | SH | $5.66M 1.83% | 0.00 | 0.00 | 117.57K |
PAYPAL HLDGS INCSOLE | COM | 86.82K | SH | $5.07M 1.64% | 0.00 | 0.00 | 86.82K |
SELECT SECTOR SPDR TRSOLE | STATE STREET UTI | 110.23K | SH | $4.71M 1.52% | 0.00 | 0.00 | 110.23K |
LAUDER ESTEE COS INCSOLE | CL A | 33.71K | SH | $3.53M 1.14% | 0.00 | 0.00 | 33.71K |