Banque de Luxembourg S.A.

**Banque de Luxembourg S.A.** manages $235M across 88 distinct positions, exhibiting a concentrated, large-cap technology tilt. The portfolio is heavily weighted toward mega-cap growth names, notably GOOGL ($25.1M) and SPY ($23.7M). Further significant allocations include MSFT ($20.6M) and V ($12.4M), indicating a core focus on established market leaders and sector staples. This structure suggests a disciplined, blue-chip approach within the technology and financial sectors.

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