Intesa Sanpaolo Wealth Management
$500M in tracked AUM across 309 positions as of Q2 2026.
Sprott Physical Gold Trust (PHYS) surpassed every mega-cap tech holding at Intesa Sanpaolo Wealth Management in Q2 2026, absorbing $17.30 million in net capital inflows to reach $32.48 million (6.50% of the book). Meanwhile, anchor positions in Alphabet Inc (GOOGL) at $27.88 million and Amazon.com Inc (AMZN) at $22.06 million experienced zero net share change, maintaining portfolio stability as total AUM grew from $409.74 million to $499.69 million. The massive gold allocation was partly financed by extracting $7.88 million in net outflows from Microsoft Corp (MSFT), even as the manager expanded Nvidia Corp (NVDA) by $11.09 million and Broadcom Inc (AVGO) by $9.06 million.
Quarter at a glance — Q2 2026
Position-change comparison pending.
Top 10 holdings
By portfolio weight as of Q2 2026.