Allianz Technology Trust — Top 10 and Geographical Holdings - Replacement

Allianz Technology Trust corrects its Top 10 holdings, confirming portfolio composition as of September 2026.

What the company is saying

Allianz Technology Trust PLC (LSE:ATT) is issuing a corrected disclosure of its Top 10 and geographical holdings as at 30 September 2026, clarifying that Nvidia was previously listed twice in error and that this duplicate entry has now been removed. The company emphasizes that all other portfolio details remain unchanged, underscoring the purely administrative nature of the amendment. The announcement provides a detailed breakdown of the Top 10 holdings by market value and percentage, with Nvidia Corp leading at 253,941,125 (9.52%) and Microsoft Corp at 191,329,525 (7.17%). The trust also details its regional asset allocation, highlighting a 90.40% concentration in North America and 8.40% in the Far East and Pacific. The tone is factual and corrective, with no forward-looking statements or strategic commentary. Kirsten Salt is named as Company Secretary, responsible for the release.

What the data suggests

The disclosed figures show total gross assets of 2,668,751,097 and total assets less current liabilities of 2,653,334,965, representing 100.00% of the portfolio. The Top 10 holdings collectively account for a significant portion of the portfolio, with the largest single position, Nvidia Corp, at 9.52%. North America dominates the geographical allocation at 2,398,692,871 (90.40%), while exposure to the United Kingdom is zero. The Far East and Pacific region comprises 222,863,596 (8.40%), with Taiwan specifically accounting for 166,279,879 (6.26%). Cash holdings stand at 20,032,888 (0.76%), and the total stock value is 2,633,302,077 (99.24% of the portfolio). The correction does not alter the underlying portfolio structure but ensures accuracy in the reported data. No performance, trend, or comparative figures are provided, so the data represents a point-in-time snapshot only.

Analysis

The announcement is a routine factual update correcting a duplicate entry in the Top 10 holdings of Allianz Technology Trust PLC as at 30 September 2026. All claims are realised and supported by detailed numerical data, including portfolio composition, asset values, and regional allocations. There are no forward-looking statements, projections, or promotional language present. The tone is strictly neutral, with no attempt to frame the correction as a strategic or value-adding event. No capital outlay, future benefits, or aspirational claims are disclosed. The only change is administrative, ensuring accuracy in the reported holdings.

Risk flags

• ●Portfolio concentration risk is evident, with 90.40% of assets allocated to North America and the largest holding, Nvidia Corp, at 9.52%. This exposes the trust to regional and single-stock volatility.
• ●The absence of United Kingdom exposure and minimal allocation to Europe ex UK (0.44%) and cash (0.76%) reduces diversification, potentially increasing vulnerability to sector or regional downturns.
• ●The announcement does not provide comparative or trend data, limiting investors' ability to assess changes in portfolio risk or performance over time.

Bottom line

This announcement confirms the accuracy of Allianz Technology Trust's Top 10 and regional holdings as at 30 September 2026, following the removal of a duplicate Nvidia entry. The trust remains heavily weighted toward North American technology equities, with Nvidia, Microsoft, and Alphabet comprising over 23% of the portfolio by value. The update is strictly administrative and does not signal any change in investment strategy, performance, or outlook. Investors should recognize the high concentration risk and lack of regional diversification, but no new actionable information or forward-looking guidance is provided. The most important takeaway is that the portfolio composition and exposures are now accurately reflected, but the trust's risk profile remains unchanged.

Announcement summary

(LSE:ATT) Allianz Technology Trust PLC released an amended 'Top 10 and Geographical Holdings' announcement as at 30 September 2026, correcting a duplicate entry for Nvidia in the Top 10 holdings. The Top 10 holdings by market value are: Nvidia Corp at 253,941,125 (9.52%), Microsoft Corp at 191,329,525 (7.17%), Alphabet Inc Cl A at 183,890,178 (6.89%), Taiwan Semiconductor SP ADR at 166,279,879 (6.23%), Broadcom Inc at 145,221,950 (5.44%), Apple Inc at 140,251,900 (5.26%), Micron Technology Inc at 101,738,804 (3.81%), Meta Platforms Inc Class A at 101,563,410 (3.81%), Advanced Micro Devices at 82,400,396 (3.09%), and Lam Research Corp at 78,268,332 (2.93%). The total gross assets of the trust are 2,668,751,097. The geographical distribution of assets as at 30 September 2026 is: Cash 20,032,888 (0.76%), United Kingdom 0 (0.00%), Europe ex UK 11,745,610 (0.44%), North America 2,398,692,871 (90.40%), and Far East and Pacific 222,863,596 (8.40%). Total assets less current liabilities are 2,653,334,965, representing 100.00% of the portfolio. The detailed regional breakdown includes Germany at 11,745,610 (0.44%), United States of America at 2,398,692,871 (90.40%), South Korea at 44,738,782 (1.69%), Taiwan at 166,279,879 (6.26%), and Taiwan (Province of China) at 11,844,935 (0.45%). The total stock value is 2,633,302,077, which is 99.24% of the portfolio. Kirsten Salt is named as Company Secretary. The amendment clarifies that all other details remain unchanged except for the removal of the duplicate Nvidia entry.

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