Filed: 5/11/2026ACC: 0002094371-26-000004
📋 What this filing means
SAVA PENZISKO DRUSHTVO A.D. SKOPJE filed this quarterly 13F‑HR report disclosing 26 equity positions with a total reported market value of $327.47M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
26
Positions
$327.47M
Total AUM (reported)
3.75M
Total Shares
Allocation by class
COM$49.84M15.2%
MSCI WORLD ETF$36.45M11.1%
CORE S&P MCP ETF$30.94M9.4%
GLOBAL TECH ETF$29.63M9.0%
MSCI FINLS IDX$24.00M7.3%
FTSE PACIFIC ETF$17.22M5.3%
GOLD MINERS ETF$16.35M5.0%
Portfolio Concentration
Top 3$97.02M29.6%
4–10$112.43M34.3%
11–25$116.26M35.5%
Rest$1.76M0.5%
Top 3 weight
29.6%
Top 10 weight
64.0%
Voting Authority Distribution
Total shares with voting rights: 3.75M
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
3.75M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole26
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings26
Rows:
ISHARES INC
SOLEShares202.50K
TypeSH
Market value$36.45M
11.13%
Sole
0.00
Shared
0.00
None
202.50K
ISHARES TR
SOLEShares458.17K
TypeSH
Market value$30.94M
9.45%
Sole
0.00
Shared
0.00
None
458.17K
ISHARES TR
SOLEShares296.35K
TypeSH
Market value$29.63M
9.05%
Sole
0.00
Shared
0.00
None
296.35K
FIDELITY COVINGTON TRUST
SOLEShares341.87K
TypeSH
Market value$24.00M
7.33%
Sole
0.00
Shared
0.00
None
341.87K
VANGUARD INTL EQUITY INDEX F
SOLEShares176.23K
TypeSH
Market value$17.22M
5.26%
Sole
0.00
Shared
0.00
None
176.23K
VANECK ETF TRUST
SOLEShares178.21K
TypeSH
Market value$16.35M
4.99%
Sole
0.00
Shared
0.00
None
178.21K
SELECT SECTOR SPDR TR
SOLEShares103.51K
TypeSH
Market value$15.18M
4.63%
Sole
0.00
Shared
0.00
None
103.51K
FIRST TR EXCHANGE TRADED FD
SOLEShares229.77K
TypeSH
Market value$14.40M
4.40%
Sole
0.00
Shared
0.00
None
229.77K
ISHARES TR
SOLEShares42K
TypeSH
Market value$13.80M
4.22%
Sole
0.00
Shared
0.00
None
42K
AMAZON COM INC
SOLEShares55.09K
TypeSH
Market value$11.47M
3.50%
Sole
0.00
Shared
0.00
None
55.09K
SELECT SECTOR SPDR TR
SOLEShares101.95K
TypeSH
Market value$11.30M
3.45%
Sole
0.00
Shared
0.00
None
101.95K
MICROSOFT CORP
SOLEShares28.45K
TypeSH
Market value$10.53M
3.22%
Sole
0.00
Shared
0.00
None
28.45K
ISHARES TR
SOLEShares182.28K
TypeSH
Market value$9.72M
2.97%
Sole
0.00
Shared
0.00
None
182.28K
SPDR SERIES TRUST
SOLEShares165.82K
TypeSH
Market value$9.70M
2.96%
Sole
0.00
Shared
0.00
None
165.82K
ISHARES TR
SOLEShares504.94K
TypeSH
Market value$9.24M
2.82%
Sole
0.00
Shared
0.00
None
504.94K
NVIDIA CORPORATION
SOLEShares51.58K
TypeSH
Market value$8.99M
2.75%
Sole
0.00
Shared
0.00
None
51.58K
AMPLIFY ETF TR
SOLEShares198.38K
TypeSH
Market value$8.49M
2.59%
Sole
0.00
Shared
0.00
None
198.38K
ALPHABET INC
SOLEShares25.27K
TypeSH
Market value$7.27M
2.22%
Sole
0.00
Shared
0.00
None
25.27K
ALPHABET INC
SOLEShares25.29K
TypeSH
Market value$7.26M
2.22%
Sole
0.00
Shared
0.00
None
25.29K
HONEYWELL INTL INC
SOLEShares32.06K
TypeSH
Market value$7.25M
2.21%
Sole
0.00
Shared
0.00
None
32.06K
APPLE INC
SOLEShares25.85K
TypeSH
Market value$6.56M
2.00%
Sole
0.00
Shared
0.00
None
25.85K
CHENIERE ENERGY INC
SOLEShares18.96K
TypeSH
Market value$5.38M
1.64%
Sole
0.00
Shared
0.00
None
18.96K
SELECT SECTOR SPDR TR
SOLEShares110.23K
TypeSH
Market value$5.06M
1.54%
Sole
0.00
Shared
0.00
None
110.23K
PAYPAL HLDGS INC
SOLEShares111.36K
TypeSH
Market value$5.04M
1.54%
Sole
0.00
Shared
0.00
None
111.36K
LAUDER ESTEE COS INC
SOLEShares62.40K
TypeSH
Market value$4.48M
1.37%
Sole
0.00
Shared
0.00
None
62.40K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES INCSOLE | MSCI WORLD ETF | 202.50K | SH | $36.45M 11.13% | 0.00 | 0.00 | 202.50K |
ISHARES TRSOLE | CORE S&P MCP ETF | 458.17K | SH | $30.94M 9.45% | 0.00 | 0.00 | 458.17K |
ISHARES TRSOLE | GLOBAL TECH ETF | 296.35K | SH | $29.63M 9.05% | 0.00 | 0.00 | 296.35K |
FIDELITY COVINGTON TRUSTSOLE | MSCI FINLS IDX | 341.87K | SH | $24.00M 7.33% | 0.00 | 0.00 | 341.87K |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE PACIFIC ETF | 176.23K | SH | $17.22M 5.26% | 0.00 | 0.00 | 176.23K |
VANECK ETF TRUSTSOLE | GOLD MINERS ETF | 178.21K | SH | $16.35M 4.99% | 0.00 | 0.00 | 178.21K |
SELECT SECTOR SPDR TRSOLE | STATE STREET HEA | 103.51K | SH | $15.18M 4.63% | 0.00 | 0.00 | 103.51K |
FIRST TR EXCHANGE TRADED FDSOLE | NASDAQ CYB ETF | 229.77K | SH | $14.40M 4.40% | 0.00 | 0.00 | 229.77K |
ISHARES TRSOLE | ISHARES SEMICDTR | 42K | SH | $13.80M 4.22% | 0.00 | 0.00 | 42K |
AMAZON COM INCSOLE | COM | 55.09K | SH | $11.47M 3.50% | 0.00 | 0.00 | 55.09K |
SELECT SECTOR SPDR TRSOLE | STATE STREET COM | 101.95K | SH | $11.30M 3.45% | 0.00 | 0.00 | 101.95K |
MICROSOFT CORPSOLE | COM | 28.45K | SH | $10.53M 3.22% | 0.00 | 0.00 | 28.45K |
ISHARES TRSOLE | U.S. MED DVC ETF | 182.28K | SH | $9.72M 2.97% | 0.00 | 0.00 | 182.28K |
SPDR SERIES TRUSTSOLE | STATE STREET SPD | 165.82K | SH | $9.70M 2.96% | 0.00 | 0.00 | 165.82K |
ISHARES TRSOLE | GL CLEAN ENE ETF | 504.94K | SH | $9.24M 2.82% | 0.00 | 0.00 | 504.94K |
NVIDIA CORPORATIONSOLE | COM | 51.58K | SH | $8.99M 2.75% | 0.00 | 0.00 | 51.58K |
AMPLIFY ETF TRSOLE | AMPLIFY DGTL PAY | 198.38K | SH | $8.49M 2.59% | 0.00 | 0.00 | 198.38K |
ALPHABET INCSOLE | CAP STK CL A | 25.27K | SH | $7.27M 2.22% | 0.00 | 0.00 | 25.27K |
ALPHABET INCSOLE | CAP STK CL C | 25.29K | SH | $7.26M 2.22% | 0.00 | 0.00 | 25.29K |
HONEYWELL INTL INCSOLE | COM | 32.06K | SH | $7.25M 2.21% | 0.00 | 0.00 | 32.06K |
APPLE INCSOLE | COM | 25.85K | SH | $6.56M 2.00% | 0.00 | 0.00 | 25.85K |
CHENIERE ENERGY INCSOLE | COM NEW | 18.96K | SH | $5.38M 1.64% | 0.00 | 0.00 | 18.96K |
SELECT SECTOR SPDR TRSOLE | STATE STREET UTI | 110.23K | SH | $5.06M 1.54% | 0.00 | 0.00 | 110.23K |
PAYPAL HLDGS INCSOLE | COM | 111.36K | SH | $5.04M 1.54% | 0.00 | 0.00 | 111.36K |
LAUDER ESTEE COS INCSOLE | CL A | 62.40K | SH | $4.48M 1.37% | 0.00 | 0.00 | 62.40K |
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