PANAGORA ASSET MANAGEMENT INC

New 13F: Q3 2026

PANAGORA ASSET MANAGEMENT INC filed its 13F for the quarter ended Sep 30, 2026 on Nov 12, 2026: $16.3B in AI and semiconductor stocks; $1.1B bought and $1.1B sold against its previous quarter, at the quarter's prices.

added to CrowdStrike (CRWD): +$131.8M at the quarter's price
trimmed Alphabet (GOOGL): -$130.8M at the quarter's price
trimmed Broadcom (AVGO): -$120.7M at the quarter's price
trimmed AMD (AMD): -$105.2M at the quarter's price
trimmed Microsoft (MSFT): -$81.3M at the quarter's price
added to Palo Alto Networks (PANW): +$80.9M at the quarter's price
added to Meta Platforms (META): +$70.8M at the quarter's price
added to Amazon (AMZN): +$56.3M at the quarter's price
added to Rambus (RMBS): +$55.7M at the quarter's price
added to Applied Materials (AMAT): +$54.8M at the quarter's price

PANAGORA ASSET MANAGEMENT INC declares $15.6B in 131 of the 230 AI and semiconductor companies tracked on Silicon Floor, as of Jun 30, 2026 (Form 13F): 48.0% of its $32.6B 13F portfolio. Largest positions: NVIDIA (0.05% of the company) and Apple (0.05% of the company). Over time: $15.6B in 131 of these companies for Q2 2026, against $6.0B in 118 for Q4 2019 (13F values as filed). From Mar 31, 2026 to Jun 30, 2026, it bought $2.5B and sold $1.2B of these stocks, at the quarter's prices: a net purchase of $1.3B; 13 new positions and 7 sold out.

Performance of its AI picks

The AI-stock portfolio PANAGORA ASSET MANAGEMENT INC declared for Q2 2026 (Form 13F), held unchanged, returned +4.5% in Q3 2026 (SMH -7.1%), ranked 724 of 1,785 active managers. Over the last 12 months, quarter after quarter: +23.0% (SMH +87.2%), ranked 1047 of 1,360 active managers. Over three years, quarter after quarter: +147.0% (SMH +325.8%), ranked 390 of 784 active managers. Over five years, quarter after quarter: +171.0% (SMH +389.8%), ranked 183 of 535 active managers. Trades made during a quarter are not visible in 13F filings: this measures its declared picks, not the return of its funds.

Largest positions

NVIDIA (NVDA): $2.3B, 11.3M shares, 0.05% of the company, 6.9% of its portfolio (added this quarter); held since Q4 2019 or earlier
Apple (AAPL): $2.0B, 6.9M shares, 0.05% of the company, 6.1% of its portfolio (added this quarter); held since Q4 2019 or earlier
Alphabet (GOOGL): $1.8B, 5.2M shares, 0.04% of the company, 5.6% of its portfolio (added this quarter); held since Q4 2019 or earlier
Microsoft (MSFT): $1.2B, 3.3M shares, 0.04% of the company, 3.8% of its portfolio (added this quarter); held since Q4 2019 or earlier
Amazon (AMZN): $926.1M, 3.9M shares, 0.04% of the company, 2.8% of its portfolio (added this quarter); held since Q4 2019 or earlier
Broadcom (AVGO): $774.8M, 2.1M shares, 0.04% of the company, 2.4% of its portfolio (added this quarter); held since Q4 2019 or earlier
Micron (MU): $661.9M, 573,446 shares, 0.05% of the company, 2.0% of its portfolio (added this quarter); held since Q4 2019 or earlier
AMD (AMD): $561.0M, 965,681 shares, 0.06% of the company, 1.7% of its portfolio (added this quarter); held since Q4 2019 or earlier
Meta Platforms (META): $524.7M, 931,434 shares, 0.04% of the company, 1.6% of its portfolio (trimmed this quarter); held since Q4 2019 or earlier
Lam Research (LRCX): $426.1M, 983,205 shares, 0.08% of the company, 1.3% of its portfolio (added this quarter); held since Q4 2019 or earlier
Applied Materials (AMAT): $296.5M, 410,126 shares, 0.05% of the company, 0.91% of its portfolio (added this quarter); held since Q4 2019 or earlier
Intel (INTC): $210.7M, 1.5M shares, 0.03% of the company, 0.65% of its portfolio (added this quarter); held since Q4 2019 or earlier
Analog Devices (ADI): $165.1M, 415,643 shares, 0.09% of the company, 0.51% of its portfolio (added this quarter); held since Q4 2019 or earlier
NextEra Energy (NEE): $161.8M, 1.8M shares, 0.09% of the company, 0.50% of its portfolio (added this quarter); held since Q4 2019 or earlier
Comfort Systems USA (FIX): $159.5M, 80,479 shares, 0.23% of the company, 0.49% of its portfolio (added this quarter); held since Q4 2019 or earlier

By sector

Cloud & AI giants: $6.5B, 42% of its AI holdings, 5 companies
Chips & compute: $4.2B, 27% of its AI holdings, 20 companies
Power, electrical & cooling: $1.3B, 8% of its AI holdings, 29 companies
Equipment & test: $976.3M, 6% of its AI holdings, 12 companies
Memory & storage: $906.5M, 6% of its AI holdings, 6 companies
AI software: $716.0M, 5% of its AI holdings, 21 companies
Interconnect: $441.6M, 3% of its AI holdings, 9 companies
Servers & systems: $347.7M, 2% of its AI holdings, 10 companies
Optics: $112.6M, 1% of its AI holdings, 7 companies
Neoclouds & data centers: $71.0M, 0% of its AI holdings, 12 companies

Biggest changes this quarter

added to AMD (AMD): +$365.4M at the quarter's price
added to Apple (AAPL): +$171.1M at the quarter's price
added to Intel (INTC): +$168.8M at the quarter's price
trimmed Arista Networks (ANET): -$154.7M at the quarter's price
added to Applied Materials (AMAT): +$128.8M at the quarter's price
added to Microsoft (MSFT): +$127.4M at the quarter's price
added to Amphenol (APH): +$123.8M at the quarter's price
trimmed Palantir (PLTR): -$123.5M at the quarter's price
added to Fortinet (FTNT): +$108.3M at the quarter's price
added to Micron (MU): +$97.9M at the quarter's price

Other holders of this size

Value Aligned Research Advisors, LLC: $15.4B in 45 of these companies
NEOS Investment Management LLC: $15.7B in 98 of these companies
TEACHER RETIREMENT SYSTEM OF TEXAS: $15.4B in 155 of these companies
SANDS CAPITAL MANAGEMENT, LLC: $15.9B in 29 of these companies
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO: $15.2B in 174 of these companies
Cetera Investment Advisers: $15.9B in 211 of these companies
KLP KAPITALFORVALTNING AS: $15.0B in 184 of these companies
Cohen & Steers, Inc.: $16.8B in 51 of these companies

Follow PANAGORA ASSET MANAGEMENT INC's SEC filings (Atom feed)

All holders · Who owns each AI company · All tracked companies · The AI market