Harel Insurance Investments & Financial Services LTD.
Harel Insurance Investments & Financial Services Ltd. is the largest insurance and financial group in Israel, headquartered in Ramat Gan. The firm operates across insurance (health, life, non-life, credit), asset management (pension and provident funds, mutual funds, ETFs, portfolio management, financial services), and credit businesses. It is publicly traded on the Tel Aviv Stock Exchange (TA-35 Index), with roots back to 1935 and its current structure dating from 1975. Harel employs thousands and serves a broad institutional, high-net-worth, and retail client base in Israel and select global locations.
Investment Strategy
Harel Insurance Investments and Financial Services Ltd. pursues a diversified investment strategy spanning insurance, asset management, and credit. In insurance, the firm provides health, life, non-life, credit, and mortgage insurance solutions, both domestically and through subsidiaries abroad. Its asset management platform offers pension funds, provident funds, education funds, mutual funds, ETFs, and portfolio management, while its capital markets arm delivers a broad array of financial services. Harel also engages in providing credit to businesses and real estate developers, as well as in reverse mortgages and financial guarantees. The group is active in regional and international investments, including infrastructure, real estate, and renewable energy, reflecting a disciplined yet opportunistic approach to long-term capital appreciation and risk management.
Latest 13F Filing Activity
Harel Insurance Investments & Financial Services LTD. filed their most recent 13F report on Jun 30, 2025 disclosing 424 equity positions with a total 13F market value of $9B. The fund increased holdings in Teva Pharmaceutical Inds LTD, Vanguard Intl Equity Index F, Nova LTD among other positions. Harel Insurance Investments & Financial Services LTD. reduced exposure to Select Sector SPDR TR, Select Sector SPDR TR, Select Sector SPDR TR among others.
Top Holdings
Equity Positions (424)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
X XLF | SELECT SECTOR SPDR TR | 6.83% | $597.2M | 11,403,681 | $36.69 | $52.37 | +$82.8M |
T TEVA | TEVA PHARMACEUTICAL INDS LTD | 6.40% | $559.6M | 33,390,327 | $15.84 | $16.76 | +$220.6M |
X XLK | SELECT SECTOR SPDR TR | 5.80% | $506.7M | 2,000,895 | $205.06 | $253.23 | +$55.9M |
V VGT | VANGUARD WORLD FD | 5.46% | $477.3M | 719,548 | $602.19 | $663.28 | +$83.1M |
N NVMI | NOVA LTD | 4.23% | $369.4M | 1,342,169 | $59.05 | $275.20 | +$145.9M |