CIK: 0002057170
Total reported value
$58.1B
Reporting period: 2026-03-31 · Number of holdings: 2069
Universal- Beteiligungs- und Servicegesellschaft mbH disclosed 2069 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $58.1B and a quarterly turnover rate of 18.6%.
Browse other institutions with $10B to $100B AUMBrowse other institutions starting with "U"
Universal- Beteiligungs- und Servicegesellschaft mbH's disclosed holdings carry a Herfindahl concentration index of 0.014 — mathematically equivalent to about 70 equally-sized positions, well below its 2069 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 5.33), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Trim MSFT
-3.6% -$896.8M
Add WMT
+30.1% $142.2M
Add XOM
+7.2% $109.3M
Trim AVGO
-3.4% -$187.9M
Add MU
+11.1% $88.7M
Add JNJ
+0.1% $79.3M
The fund runs a precise contrarian rotation this quarter, actively trimming the most crowded trades in AI infrastructure and cloud hyperscalers (MSFT, NVDA, AAPL, GOOGL, AVGO) while accumulating broader application plays and defensive staples (WMT, META, AMZN). Against massive diversification (2,063 holdings, HHI 0.014), capital is shifting out of narrative-driven mega-caps into earnings-visible businesses.
Embedded regime bet: liquidity trap emerging as risk premiums widen and growth multiples compress. The fund expects a positioning squeeze in mega-cap tech, forcing a hard capital rotation toward value-oriented staples. Opposing thesis: AI capex cycle demands concentrated infrastructure exposure; trimming leaders means missing the primary beneficiaries of enterprise digitization.
Structural vulnerability sits at the collision of extreme diversification and loose position sizing discipline (CV 5.33, sizing score 46.73). With over 2,000 names, alpha generation relies on micro-cap selection, yet trimming giants without reallocating heavily elsewhere creates a passive weight-drift trap. The low turnover ratio (18.57) paired with a high contrarian score (88.26) forces a systematic drag: the manager cuts winners early and drags long losers, choking compounding speed.
Generated by AI based on public SEC filings. Reflects past holdings only and should not be treated as investment advice.
Showing top 200 holdings (of 2069 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 6.61% | -0.14% | -0.98% | |
| 2 | AAPL | Apple INC | Stock-Tech | 4.87% | -0.07% | -0.37% | |
| 3 | MSFT | Microsoft CORP | Stock-Tech | 4.33% | -1.21% | -3.61% | |
| 4 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 3.43% | -0.11% | -0.53% | |
| 5 | AMZN | Amazon.com INC | Stock-Consumer Disc | 3.38% | -0.16% | +0.29% | |
| 6 | META | Meta Platforms Inc-class A | Stock-Comm Services | 2.08% | -0.12% | +3.41% | |
| 7 | AVGO | Broadcom INC | Stock-Tech | 2.02% | -0.19% | -3.38% | |
| 8 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 1.95% | -0.11% | -2.31% | |
| 9 | TSLA | Tesla INC | Stock-Consumer Disc | 1.17% | -0.12% | +3.61% | |
| 10 | V | Visa Inc-class A Shares | Stock-Financials | 1.11% | -0.13% | -2.16% | |
| 11 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.96% | -0.07% | -4.08% | |
| 12 | LLY | Eli Lilly & Co | Stock-Healthcare | 0.94% | -0.10% | -1.02% | |
| 13 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.91% | +0.18% | +0.08% | |
| 14 | MA | Mastercard INC - A | Stock-Financials | 0.88% | -0.13% | -5.97% | |
| 15 | NFLX | Netflix INC | Stock-Comm Services | 0.79% | — | +3.03% | |
| 16 | WMT | Walmart INC | Stock-Consumer Staples | 0.79% | +0.28% | +30.08% | |
| 17 | LIN | Linde plc | Stock-Materials | 0.74% | +0.16% | +3.14% | |
| 18 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.74% | — | -0.12% | |
| 19 | MU | Micron Technology INC | Stock-Tech | 0.65% | +0.18% | +11.12% | |
| 20 | AMD | Advanced Micro Devices | Stock-Tech | 0.62% | — | +8.81% | |
| 21 | CSCO | Cisco Systems INC | Stock-Tech | 0.59% | — | +8.96% | |
| 22 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.56% | +0.11% | +3.35% | |
| 23 | ABBV | Abbvie INC | Stock-Healthcare | 0.56% | — | -1.00% | |
| 24 | XOM | Exxon Mobil CORP | Stock-Energy | 0.56% | +0.21% | +7.22% | |
| 25 | AMAT | Applied Materials INC | Stock-Tech | 0.53% | +0.13% | -4.75% | |
| 26 | LRCX | Lam Research CORP | Stock-Tech | 0.53% | +0.11% | -4.66% | |
| 27 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.51% | — | +8.76% | |
| 28 | CRM | Salesforce INC | Stock-Tech | 0.49% | -0.12% | +6.64% | |
| 29 | MCD | Mcdonald's CORP | Stock-Consumer Disc | 0.48% | — | +10.80% | |
| 30 | PEP | Pepsico INC | Stock-Consumer Staples | 0.46% | — | +6.21% | |
| 31 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.44% | — | -0.72% | |
| 32 | MRK | Merck & Co. INC. | Stock-Healthcare | 0.43% | — | -8.76% | |
| 33 | MELI | Mercadolibre INC | Stock-Consumer Disc | 0.42% | -0.06% | -1.63% | |
| 34 | BAC | Bank Of America CORP | Stock-Financials | 0.42% | -0.05% | -6.28% | |
| 35 | HD | Home Depot INC | Stock-Consumer Disc | 0.41% | — | -1.20% | |
| 36 | PLTR | Palantir Technologies Inc-a | Stock-Tech | 0.40% | — | +13.31% | |
| 37 | WELL | Welltower INC | Stock-Real Estate | 0.40% | — | +0.79% | |
| 38 | EQIX | Equinix INC | Stock-Real Estate | 0.39% | — | -5.16% | |
| 39 | INTU | Intuit INC | Stock-Tech | 0.38% | -0.10% | +13.17% | |
| 40 | PLD | Prologis INC | Stock-Real Estate | 0.37% | — | -3.92% | |
| 41 | WFC | Wells Fargo & Co | Stock-Financials | 0.37% | — | +1.32% | |
| 42 | NEE | Nextera Energy INC | Stock-Utilities | 0.36% | — | +3.05% | |
| 43 | BKNG | Booking Holdings INC | Stock-Consumer Disc | 0.36% | -0.09% | -4.95% | |
| 44 | ADBE | Adobe INC | Stock-Tech | 0.35% | -0.15% | +0.44% | |
| 45 | QCOM | Qualcomm INC | Stock-Tech | 0.35% | — | +14.79% | |
| 46 | DIS | Walt Disney Co/the | Stock-Comm Services | 0.34% | -0.05% | -2.21% | |
| 47 | CVX | Chevron CORP | Stock-Energy | 0.34% | +0.14% | +20.44% | |
| 48 | CAT | Caterpillar INC | Stock-Industrials | 0.34% | +0.09% | +5.67% | |
| 49 | ORCL | Oracle CORP | Stock-Tech | 0.33% | -0.09% | -2.52% | |
| 50 | ADI | Analog Devices INC | Stock-Tech | 0.33% | — | -0.63% |
Performance for Q3 2026
+3.2%
Performance Last 4 Quarters
+21.1%
Based on 77% of reported portfolio value with available pricing
Universal- Beteiligungs- und Servicegesellschaft mbH's most significant position changes for 2026-03-31: New buy: Sunbelt Rentals Holdings INC (SUNB); Sold out: Qiagen N.V. (QGEN); New buy: Qiagen N.V. (QGEN); Trim: Microsoft CORP (MSFT) — shares -3.61%; Add: Walmart INC (WMT) — shares +30.08%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | WMT | Walmart INC | +0.3% | +30.08% | Add |
| 2 | XOM | Exxon Mobil CORP | +0.2% | +7.22% | Add |
| 3 | MU | Micron Technology INC | +0.2% | +11.12% | Add |
| 4 | JNJ | Johnson & Johnson | +0.2% | +0.08% | Add |
| 5 | LIN | Linde plc | +0.2% | +3.14% | Add |
| 6 | CVX | Chevron CORP | +0.1% | +20.44% | Add |
| 7 | AMAT | Applied Materials INC | +0.1% | -4.75% | Trim |
| 8 | WDC | Western Digital CORP | +0.1% | +23.38% | Add |
| 9 | COST | Costco Wholesale CORP | +0.1% | +3.35% | Add |
| 10 | LRCX | Lam Research CORP | +0.1% | -4.66% | Trim |
| 11 | WDC 3 11-15-28 | Western Digital CORP | +0.1% | +380.20% | Add |
| 12 | COP | Conocophillips | +0.1% | +35.36% | Add |
| 13 | CAT | Caterpillar INC | +0.1% | +5.67% | Add |
| 14 | KLAC | Kla CORP | +0.1% | +7.30% | Add |
| 15 | BAC | Bank Of America CORP | -0.1% | -6.28% | Trim |
| 16 | UBER | Uber Technologies INC | -0.1% | -9.44% | Trim |
| 17 | TMO | Thermo Fisher Scientific INC | -0.1% | -7.20% | Trim |
| 18 | DIS | Walt Disney Co/the | -0.1% | -2.21% | Trim |
| 19 | AXP | American Express Co | -0.1% | -1.84% | Trim |
| 20 | ISRG | Intuitive Surgical INC | -0.1% | -5.18% | Trim |
| 21 | MELI | Mercadolibre INC | -0.1% | -1.63% | Trim |
| 22 | SPOT | Spotify Technology S.A. | -0.1% | -6.93% | Trim |
| 23 | AAPL | Apple INC | -0.1% | -0.37% | Trim |
| 24 | JPM | Jpmorgan Chase & Co | -0.1% | -4.08% | Trim |
| 25 | DHR | Danaher CORP | -0.1% | -12.67% | Trim |
| 26 | SPGI | S&p Global INC | -0.1% | -7.74% | Trim |
| 27 | ACN | Accenture plc | -0.1% | -11.86% | Trim |
| 28 | BLK | Blackrock INC | -0.1% | -26.47% | Trim |
| 29 | BKNG | Booking Holdings INC | -0.1% | -4.95% | Trim |
| 30 | ORCL | Oracle CORP | -0.1% | -2.52% | Trim |
| 31 | LLY | Eli Lilly & Co | -0.1% | -1.02% | Trim |
| 32 | INTU | Intuit INC | -0.1% | +13.17% | Add |
| 33 | GOOGL | Alphabet Inc-cl A | -0.1% | -0.53% | Trim |
| 34 | GOOG | Alphabet Inc-cl C | -0.1% | -2.31% | Trim |
| 35 | DUK 4.125 04-15-26 | Duke Energy CORP | -0.1% | -83.56% | Trim |
| 36 | META | Meta Platforms Inc-class A | -0.1% | +3.41% | Add |
| 37 | TSLA | Tesla INC | -0.1% | +3.61% | Add |
| 38 | CRM | Salesforce INC | -0.1% | +6.64% | Add |
| 39 | V | Visa Inc-class A Shares | -0.1% | -2.16% | Trim |
| 40 | MA | Mastercard INC - A | -0.1% | -5.97% | Trim |
| 41 | APP | Applovin Corp-class A | -0.1% | -6.27% | Trim |
| 42 | NVDA | Nvidia CORP | -0.1% | -0.98% | Trim |
| 43 | NOW | Servicenow INC | -0.1% | -11.67% | Trim |
| 44 | ADBE | Adobe INC | -0.2% | +0.44% | Add |
| 45 | AMZN | Amazon.com INC | -0.2% | +0.29% | Add |
| 46 | AVGO | Broadcom INC | -0.2% | -3.38% | Trim |
| 47 | MSFT | Microsoft CORP | -1.2% | -3.61% | Trim |
| 48 | SUNB | Sunbelt Rentals Holdings INC | — | NEW | New buy |
| 49 | QGEN | Qiagen N.V. | — | EXIT | Sold out |
| 50 | QGEN | Qiagen N.V. | — | NEW | New buy |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-11 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-01-28 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-10-30 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-11 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-06 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-28 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0000921739
Total reported value
$58.4B
1,471 stks
2026-03-31
AUM within 0.5% of this institution
CIK 0001284812
Total reported value
$57.6B
442 stks
2026-03-31
AUM within 0.9% of this institution
CIK 0001426196
Total reported value
$57.4B
1,558 stks
2026-03-31
AUM within 1.2% of this institution
Institutions with overlapping top holdings
CIK 0000002230
Total reported value
$2.8B
99 stks
2026-03-31
5 of the top 5 holdings overlap, including Nvidia CORP
CIK 0000038777
Total reported value
$408.3B
14,782 stks
2026-03-31
5 of the top 5 holdings overlap, including Nvidia CORP
CIK 0000073124
Total reported value
$756.6B
19,864 stks
2026-03-31
5 of the top 5 holdings overlap, including Nvidia CORP