§ 13F · FUND PROFILE
Zurcher Kantonalbank (Zurich Cantonalbank).
Swiss cantonal bank, regional banking
AUM · $40905.2T (13F)Positions · 2571Turnover · 77% · Q4Filed · Jan 27, 2026
CONCENTRATION
36%
Top 10 holdings
NEW BUYS
+97
+$166.8T deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → SEMICONDUCTORS
-1pp · +1pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED JAN 27, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 16.50M | $3077.1T | 6.6% | +4% |
| 2 | AAPL | APPLE INC | 8.89M | $2415.8T | 5.2% | −3% |
| 3 | MSFT | MICROSOFT CORP | 4.85M | $2343.3T | 5.1% | +11% |
| 4 | UBS | UBS GROUP AG | 49.53M | $2310.6T | 5.0% | −6% |
| 5 | AMZN | AMAZON COM INC | 5.80M | $1339.2T | 2.9% | −1% |
| 6 | GOOGL | ALPHABET INC | 4.12M | $1290.9T | 2.8% | −2% |
| 7 | AVGO | BROADCOM INC | 3.08M | $1066.4T | 2.3% | +1% |
| 8 | TSLA | TESLA INC | 2.21M | $995.7T | 2.1% | +6% |
| 9 | GOOG | ALPHABET INC | 2.88M | $903.9T | 2.0% | +3% |
| 10 | META | META PLATFORMS INC | 1.33M | $877.5T | 1.9% | +23% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other44.8% (+1pp)
Technology16.5% (−1pp)
Semiconductors12.1% (+1pp)
Financial Services11.0% (±0)
Media7.8% (±0)
Retail5.9% (±0)
§ 03 · THE ZURCHER SIGNAL
AC read
Zurcher Kantonalbank (Zurich Cantonalbank) is a Dealer / Bank fund managing $40905221.5 trillion in assets. The fund runs a massive portfolio of 2,571 positions, broad diversification across holdings, with the top 10 accounting for 36%. Trading activity is aggressive at 77% quarterly turnover, with 97 new positions and 0 exits last quarter. Top sector allocations: Other (45%), Technology (17%), Semiconductors (12%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Busy quarter
+97 buys · −0 exits · 1862 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed