§ 13F · FUND PROFILE
Pictet Asset Management Holding SA.
Swiss private bank, quality equities
AUM · $98.3B (13F)Positions · 2000Turnover · 88% · Q1Filed · Apr 22, 2026
CONCENTRATION
22%
Top 10 holdings
NEW BUYS
+101
+$894M deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
-2pp · +1pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED APR 22, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 25.74M | $4.5B | 4.7% | +2% |
| 2 | MSFT | MICROSOFT CORP | 6.69M | $2.5B | 2.6% | −9% |
| 3 | GOOGL | ALPHABET INC | 8.40M | $2.4B | 2.5% | −2% |
| 4 | AVGO | BROADCOM INC | 7.57M | $2.3B | 2.5% | +20% |
| 5 | AAPL | APPLE INC | 9.06M | $2.3B | 2.4% | +3% |
| 6 | AMZN | AMAZON COM INC | 9.53M | $2.0B | 2.1% | −3% |
| 7 | UBS | UBS GROUP AG | 35.59M | $1.4B | 1.4% | −1% |
| 8 | KLAC | KLA CORP | 722K | $1.1B | 1.1% | −19% |
| 9 | TMO | THERMO FISHER SCIENTIFIC INC | 2.06M | $1.0B | 1.1% | −16% |
| 10 | META | META PLATFORMS INC | 1.73M | $990M | 1.0% | +2% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other49.1% (+1pp)
Technology17.1% (−2pp)
Semiconductors14.5% (+1pp)
Utilities7.0% (+1pp)
Media5.7% (±0)
Financial Services5.1% (±0)
§ 03 · THE PICTET SIGNAL
AC read
Pictet Asset Management Holding SA is a Quality / Compounder fund managing $98.3 billion in assets. The fund runs a massive portfolio of 2,000 positions, broad diversification across holdings. Trading activity is aggressive at 88% quarterly turnover, with 101 new positions and 0 exits last quarter. Top sector allocations: Other (49%), Technology (17%), Semiconductors (15%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q1 2026
Busy quarter
+101 buys · −0 exits · 1758 changed
Q4 2025
Busy quarter
+2072 buys · −0 exits · 0 changed
Q2 2025
Busy quarter
+72 buys · −0 exits · 1697 changed
Q1 2025
Busy quarter
+2009 buys · −0 exits · 0 changed