BD

Banque de Luxembourg S.A.

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$193.3M

Reporting period: 2026-03-31 · Number of holdings: 77

Banque de Luxembourg S.A. disclosed 77 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $193.3M and a quarterly turnover rate of 34.5%.

Personality snowflake

Concentration
22.48
Portfolio Stability
34.49
Momentum/Contrarian
100
Sector conviction
65.41
Diversification
100
Sizing Uniformity
81.95

Recent moves

  • Add F92124100

    -4.5%　$10.1M

  • Trim MICC

    -27.0%　-$9.7M

  • Trim LIN

    +14.9%　-$4.4M

  • Add SPY

    0.0%　-$1.1M

  • Trim CMCSA

    -89.9%　-$2.8M

  • Trim ENB

    0.0%　-$2.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 75 holdings (of 77 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth11.70%+1.60%—
2GOOGLAlphabet Inc-cl AStock-Comm Services10.29%-0.39%-13.69%
3MSFTMicrosoft CORPStock-Tech8.41%-0.38%+2.88%
4✓ Totalenergies SeStock-Other7.63%+5.67%-4.49%
5VVisa Inc-class A SharesStock-Financials5.40%+0.14%-1.93%
6AMZNAmazon.com INCStock-Consumer Disc5.25%+0.31%-3.09%
7AAPLApple INCStock-Tech4.99%+0.47%-2.66%
8ACNAccenture plcStock-Tech4.46%-0.63%-2.51%
9MDTMedtronic plcStock-Healthcare4.33%-0.06%-9.84%
10SPGIS&p Global INCStock-Financials3.43%-0.10%-1.81%
11UNHUnitedhealth Group INCStock-Healthcare3.39%-0.08%-2.06%
12SNPSSynopsys INCStock-Tech2.87%-0.02%-2.90%
13ADIAnalog Devices INCStock-Tech2.85%+0.82%-1.62%
14BDXBecton Dickinson And CoStock-Healthcare2.64%+0.51%+26.31%
15NVDANvidia CORPStock-Tech2.42%+0.34%+2.04%
16CSCOCisco Systems INCStock-Tech1.85%-0.68%-40.38%
17CNICanadian Natl Railway CoStock-Industrials1.70%+0.43%+2737.10%
18ALLEAllegion plcStock-Industrials1.60%+0.09%-4.25%
19DISWalt Disney Co/theStock-Comm Services1.45%+1.45%NEW
20GOOGAlphabet Inc-cl CStock-Comm Services1.27%-0.10%-16.37%
21ICLRICON Public Limited CompanyStock-Healthcare0.76%-0.57%-22.94%
22PGProcter & Gamble Co/theStock-Consumer Staples0.71%—+4.88%
23PKWInvesco Buyback Achievers EtETF-Other0.63%-0.05%-22.62%
24BRK-BBerkshire Hathaway Inc-cl BStock-Other0.62%+0.03%-8.71%
25DHRDanaher CORPStock-Healthcare0.59%+0.01%+1.23%
26NKENike INC -cl BStock-Consumer Disc0.57%-0.07%-10.96%
27BNYBank Of New York Mellon CORPStock-Financials0.54%——
28AZNAstraZeneca PLCStock-Healthcare0.54%+0.54%NEW
29AVGOBroadcom INCStock-Tech0.48%—+19.85%
30METAMeta Platforms Inc-class AStock-Comm Services0.43%—+27.30%
31JPMJpmorgan Chase & CoStock-Financials0.39%—+8.56%
32BSXBoston Scientific CORPStock-Healthcare0.38%-0.15%-11.45%
33LINLinde plcStock-Materials0.37%-1.82%+14.88%
34BLKBlackrock INCStock-Financials0.30%+0.11%+40.14%
35MCDMcdonald's CORPStock-Consumer Disc0.27%+0.18%+137.54%
36FNVFranco-nevada CORPStock-Materials0.27%-0.95%—
37LLYEli Lilly & CoStock-Healthcare0.26%—+15.45%
38TSMTaiwan Semiconductor-sp AdrStock-Tech0.24%—-25.57%
39JNJJohnson & JohnsonStock-Healthcare0.22%—-10.12%
40PEPPepsico INCStock-Consumer Staples0.21%—-0.31%
41PANWPalo Alto Networks INCStock-Tech0.20%——
42TMOThermo Fisher Scientific INCStock-Healthcare0.20%-0.01%-7.56%
43ZTSZoetis INCStock-Healthcare0.19%—+5.92%
44MRKMerck & Co. INC.Stock-Healthcare0.18%—-0.34%
45UBERUber Technologies INCStock-Industrials0.18%-0.03%-18.22%
46ENBEnbridge INCStock-Energy0.17%-1.05%—
47CMCSAComcast Corp-class AStock-Comm Services0.15%-1.15%-89.87%
48SHWSherwin-williams Co/theStock-Materials0.15%——
49COSTCostco Wholesale CORPStock-Consumer Staples0.14%——
50WMTWalmart INCStock-Consumer Staples0.13%—-0.40%
1–50 of 75

Holding changes this quarter

Banque de Luxembourg S.A.'s most significant position changes for 2026-03-31: New buy: Walt Disney Co/the (DIS); New buy: AstraZeneca PLC (AZN); Sold out: Yum China Holdings INC (YUMC); Sold out: Kkr & Co INC (KKR); Sold out: Marvell Technology INC (MRVL).

Position changes disclosed by Banque de Luxembourg S.A. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1✓ Totalenergies Se+5.7%-4.49%Trim
2SPYSs Spdr S&p 500 ETF Trust-us+1.6%—Unchanged
3ADIAnalog Devices INC+0.8%-1.62%Trim
4BDXBecton Dickinson And Co+0.5%+26.31%Add
5AAPLApple INC+0.5%-2.66%Trim
6CNICanadian Natl Railway Co+0.4%+2737.10%Add
7NVDANvidia CORP+0.3%+2.04%Add
8AMZNAmazon.com INC+0.3%-3.09%Trim
9MCDMcdonald's CORP+0.2%+137.54%Add
10VVisa Inc-class A Shares+0.1%-1.93%Trim
11BLKBlackrock INC+0.1%+40.14%Add
12ALLEAllegion plc+0.1%-4.25%Trim
13BRK-BBerkshire Hathaway Inc-cl B0%-8.71%Trim
14DHRDanaher CORP0%+1.23%Add
15TSMTaiwan Semiconductor-sp Adr—-25.57%Trim
16TMOThermo Fisher Scientific INC0%-7.56%Trim
17SNPSSynopsys INC0%-2.90%Trim
18UBERUber Technologies INC0%-18.22%Trim
19ADBEAdobe INC0%-7.02%Trim
20CRMSalesforce INC0%-75.65%Trim
21PKWInvesco Buyback Achievers Et-0.1%-22.62%Trim
22MDTMedtronic plc-0.1%-9.84%Trim
23NKENike INC -cl B-0.1%-10.96%Trim
24UNHUnitedhealth Group INC-0.1%-2.06%Trim
25SPGIS&p Global INC-0.1%-1.81%Trim
26GOOGAlphabet Inc-cl C-0.1%-16.37%Trim
27MAMastercard INC - A-0.1%-53.76%Trim
28BSXBoston Scientific CORP-0.2%-11.45%Trim
29MSFTMicrosoft CORP-0.4%+2.88%Add
30GOOGLAlphabet Inc-cl A-0.4%-13.69%Trim
31ICLRICON Public Limited Company-0.6%-22.94%Trim
32ACNAccenture plc-0.6%-2.51%Trim
33CSCOCisco Systems INC-0.7%-40.38%Trim
34FNVFranco-nevada CORP-1%—Unchanged
35ENBEnbridge INC-1.1%—Unchanged
36CMCSAComcast Corp-class A-1.2%-89.87%Trim
37LINLinde plc-1.8%+14.88%Add
38MICCThe Magnum Ice Cream Company N.-4.1%-27.00%Trim
39DISWalt Disney Co/the—NEWNew buy
40AZNAstraZeneca PLC—NEWNew buy
41YUMCYum China Holdings INC—EXITSold out
42KKRKkr & Co INC—EXITSold out
43MRVLMarvell Technology INC—EXITSold out
44ROKRockwell Automation INC—EXITSold out
45QCOMQualcomm INC—EXITSold out
46BKNGBooking Holdings INC—EXITSold out
47ECLEcolab INC—EXITSold out
48IEXIdex CORP—EXITSold out
49ELVElevance Health INC—EXITSold out
50SLBSlb LTD—EXITSold out

FAQ

What is Banque de Luxembourg S.A. and what type of investor is it?
Banque de Luxembourg S.A. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $193.3M, spread across 77 disclosed positions.
What are Banque de Luxembourg S.A.'s largest equity positions?
Based on the latest 13F filing, Banque de Luxembourg S.A.'s top holdings by market value are: 1. Ss Spdr S&p 500 ETF Trust-us (SPY) — $22.6M (11.7%) 2. Alphabet Inc-cl A (GOOGL) — $19.9M (10.3%) 3. Microsoft CORP (MSFT) — $16.3M (8.4%) 4. Totalenergies Se — $14.8M (7.6%) 5. Visa Inc-class A Shares (V) — $10.4M (5.4%)
What changes did Banque de Luxembourg S.A. make in its most recent portfolio filing?
In the latest reported quarter, Banque de Luxembourg S.A. made 47 notable position adjustments: 2 new positions were initiated, 8 existing holdings were added to, 27 positions were partially reduced, and 10 were completely exited. The largest of these moves: New buy: Walt Disney Co/the (DIS); New buy: AstraZeneca PLC (AZN); Sold out: Yum China Holdings INC (YUMC); Sold out: Kkr & Co INC (KKR); Sold out: Marvell Technology INC (MRVL)
What sectors does Banque de Luxembourg S.A. focus on?
Banque de Luxembourg S.A. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 36.2% • Health Care: 17.4% • Communication Services: 17.0% • Financials: 13.6% • Consumer Discretionary: 7.9% • Industrials: 4.8%