Inside Umbrella

Performance Through Discipline and Innovation

All Umbrella Stocks at a Glance

These stocks are currently in the Umbrella strategy

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Eli Lilly
Healthcare
USA

Stock: Eli Lilly and Company

ISIN: US5324571083

Eli Lilly is one of the leading pharmaceutical companies worldwide. Growth drivers include Mounjaro, Zepbound, and a strong pipeline in
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Palantir
Technology
USA

Stock: Palantir Technologies

ISIN: US69608A1088

Palantir impressed in Q2 2026 with strong growth, record margins, and a technical breakout.
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Revolution Medicines
Healthcare
USA

Stock: Revolution Medicines

ISIN: US76155X1000

Revolution Medicines is one of the most exciting biotech stocks for 2026. Strong Phase 3 data and a leading RAS
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PayPal
Financial Technology & Digital Payments
USA

Stock: PayPal

ISIN: US70450Y1038

PayPal combines a comparatively low valuation with rising payment volumes and strong cash flow; however, growth and margins remain key
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MercadoLibre
Consumer
Uruguay

Stock: MercadoLibre

ISIN: US58733R1023

MercadoLibre remains Latin America's leading e-commerce and fintech provider. Despite high investments, the company impresses with strong growth and solid
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Bayer
Healthcare
Germany

Stock: Bayer AG

ISIN: DE000BAY0017

Bayer is operationally improving its earnings position. However, high debt, weak cash flow, and legal risks are slowing the stock's
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Thales
Defense & Aerospace
France

Stock: Thales

ISIN: FR0000121329

Thales reports solid H1 2026 results. A high order backlog, improved profitability, and recent share price performance characterize the current
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Hot Mumak
Johnson & Johnson
Healthcare
USA

Stock: Johnson & Johnson

ISIN: US4781601046

Thanks to a strong pipeline, robust cash flows and a defensive business model, Johnson & Johnson remains a high-quality healthcare
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Rheinmetall
Defense & Aerospace
Germany

Stock: Rheinmetall

ISIN: DE0007030009

Rheinmetall impresses with strong growth and a record order backlog. Cash flow, valuation, and political risks remain in focus.
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TKMS
Defense & Aerospace
Germany

Stock: TKMS

ISIN: DE000TKMS001

TKMS benefits from Europe's rearmament: Record orders and rising margins meet a demanding valuation.
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SpaceX
Defense & Aerospace
USA

Stock: SpaceX

ISIN: US84615Q1031

SpaceX impresses with strong growth and Starlink. But the high valuation and ambitious expectations increase the risk.
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