§ 13F · FUND PROFILE
Pictet Asset Management Holding SA.
Swiss private bank, quality equities
AUM · $104.7B (13F)Positions · 2143Turnover · 75% · Q2Filed · Jul 30, 2026
CONCENTRATION
22%
Top 10 holdings
NEW BUYS
+122
+$603M deployed
EXITS
0
No exits
SECTOR SHIFT
OTHER → SEMICONDUCTORS
-3pp · +3pp
§ 01 · TOP HOLDINGS
The book · Q2 2026
FILED JUL 30, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q2 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 21.39M | $4.3B | 4.1% | −17% |
| 2 | GOOGL | ALPHABET INC | 8.17M | $2.9B | 2.8% | −3% |
| 3 | AVGO | BROADCOM INC | 7.35M | $2.8B | 2.7% | −3% |
| 4 | AAPL | APPLE INC | 8.75M | $2.5B | 2.4% | −3% |
| 5 | MSFT | MICROSOFT CORP | 5.50M | $2.1B | 2.0% | −18% |
| 6 | AMZN | AMAZON COM INC | 8.56M | $2.0B | 1.9% | −10% |
| 7 | UBS | UBS GROUP AG | 36.74M | $1.8B | 1.7% | +3% |
| 8 | AMAT | APPLIED MATLS INC | 2.08M | $1.5B | 1.4% | −26% |
| 9 | KLAC | KLA CORP | 4.86M | $1.5B | 1.4% | +573% |
| 10 | MU | MICRON TECHNOLOGY INC | 1.06M | $1.2B | 1.2% | −14% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other46.5% (−3pp)
Semiconductors17.9% (+3pp)
Technology17.0% (±0)
Utilities6.3% (−1pp)
Financial Services5.4% (±0)
Media5.3% (±0)
§ 03 · THE PICTET SIGNAL
AC read
Pictet Asset Management Holding SA is a Quality / Compounder fund managing $104.7 billion in assets. The fund runs a massive portfolio of 2,143 positions, broad diversification across holdings. Trading activity is aggressive at 75% quarterly turnover, with 122 new positions and 0 exits last quarter. Top sector allocations: Other (47%), Semiconductors (18%), Technology (17%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
4 OF 2 FILINGS MEASURED
Q2 2026
Busy quarter
+122 buys · −0 exits · 1490 changed
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