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Portfolio Composition

RS's Portfolio by sectors

Portfolio Composition as at 31 December 2025*

Top 10 assets held by RS and SSH by book value of equity

*The calculations are predominantly based on estimates and unaudited corporate performance data. The final investment management results for 2025 will be prepared on the basis of the audited financial statements of all companies/groups under the management of SDH.

Capital asset Pillar Ownership stake of RS+SSH Book value of shareholdings (million EUR) Proportion in total portfolio
DARS, D. D. PROMET 100,00 % 3.621 25,8 %
GEN ENERGIJA, D. O. O. ENERGETIKA 100,00 % 1.338 9,5 %
HSE, D. O. O. ENERGETIKA 100,00 % 1.250 8,9 %
SLOVENSKE ŽELEZNICE, D. O. O. PROMET 100,00 % 1.108 7,9 %
NLB, D. D. FINANCE 25,00 % 965 6,9 %
ZAVAROVALNICA TRIGLAV, D. D. FINANCE 62,57 % 675 4,8 %
SID BANKA, D. D FINANCE 99,41 % 514 3,7 %
TELEKOM SLOVENIJE, D. D. GOSPODARSTVO 66,80 % 473 3,4 %
LUKA KOPER, D. D. PROMET 62,13 % 409 2,9 %
KRKA, D. D. GOSPODARSTVO 16,22 % 385 2,8 %
TOTAL TOP 10     10.738 76,6 %
Other     3.274 23,4 %
TOTAL PORTFOLIO     14.013 100,00 %

Composition of the portfolio under management – by pillars (industries)

Composition of the portfolio under management – by classification (strategic orientation)