Allianz Technology Trust PLC (ATT) has published its latest top 10 holdings and geographical distribution data as at 30 October 2026, offering investors a detailed snapshot of the investment trust's portfolio positioning. Nvidia Corp leads all positions with a market value of £221,358,410, representing 9.77% of gross assets. Total gross assets stood at £2,265,332,013, with North America accounting for the dominant share of exposure at 90.28%. The disclosure provides a timely update for shareholders monitoring the trust's concentration in large-cap global technology stocks.

Key Points

  • Allianz Technology Trust PLC (ATT) — a London-listed investment trust focused on global technology equities
  • Nvidia Corp is the largest holding at 9.77% of gross assets, valued at £221,358,410 as at 30 October 2026
  • Total gross assets of £2,265,332,013; North America represents 90.28% of geographic exposure
  • Investors may be watching the trust's concentration in US semiconductor and mega-cap technology names

Nvidia Leads ATT's Top 10 as Semiconductors Dominate Portfolio

The announcement confirms that Nvidia Corp holds the largest position in Allianz Technology Trust's portfolio at £221,358,410, equivalent to 9.77% of gross assets. Microsoft Corp ranks second at £189,197,247 (8.35%), followed by Taiwan Semiconductor SP ADR at £143,791,074 (6.35%) and Broadcom Inc at £142,625,051 (6.30%). Apple Inc and Alphabet Inc Class A also feature prominently, at 6.23% and 5.37% respectively. The combined weight of semiconductor-related names — Nvidia, Taiwan Semiconductor, Broadcom, Micron Technology, Advanced Micro Devices, and Lam Research — underscores a significant structural tilt towards the global chip supply chain within the trust's strategy.

North America Accounts for 90.28% of ATT's Geographic Allocation

Geographically, the trust's portfolio is heavily weighted towards North America, with the United States of America representing the entirety of that £2,040,228,988 allocation, or 90.28% of total assets less current liabilities. The Far East and Pacific region accounts for 8.35%, comprising Taiwan at £143,791,074 (6.36%), South Korea at £37,027,380 (1.64%), and a further Taiwan-related allocation of £7,978,839 (0.35%). Europe ex UK contributes just 0.42%, entirely attributable to Germany at £9,535,835. Cash holdings stand at £21,423,151, representing 0.95% of the portfolio, suggesting the trust remains nearly fully invested across its technology mandates.

Total Assets Less Current Liabilities Reach £2.26bn Across ATT's Holdings

The announcement states that total assets less current liabilities amount to £2,259,985,267, while total gross assets are recorded at £2,265,332,013. Total stock value across all disclosed positions is £2,238,562,116, equating to 99.05% of total assets less current liabilities. The difference between gross assets and net assets reflects current liabilities within the trust structure. Allianz Technology Trust is managed as a closed-ended investment trust listed in London, providing shareholders with access to a diversified but US-centric portfolio of publicly listed technology companies globally, with an emphasis on large-cap and mega-cap names across hardware, software, and semiconductors.