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Asset Manager ← All Institutions

Pictet North America Advisors SA

ROUTE DES ACACIAS 48, GENEVA 73, V8 1211 • 01141223079000

Q3 2025 · Filed 2025-10-21
Market Value
$1.0B
+8.1%
Holdings
146
-2
New Purchases
5
Added To
41
Closed
5
Reduced
48
Top 10 Concentration
44.4%
Turnover
6.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
EEM 3.05% 0.52% +2.54% $31M
IAU 1.95% 0.00% +1.95% $20M
TSM 4.87% 4.03% +0.85% $50M
GLD 5.29% 4.61% +0.68% $55M
GOOGL 3.37% 2.69% +0.68% $35M
CVX 0.55% 0.00% +0.55% $6M
SIHY 4.47% 4.14% +0.33% $46M
UBER 0.33% 0.00% +0.33% $3M
AAPL 1.57% 1.27% +0.30% $16M
SONY 4.22% 3.96% +0.26% $43M
EWL 0.46% 0.24% +0.22% $5M
NVDA 0.90% 0.70% +0.20% $9M
UBS 1.52% 1.35% +0.16% $16M
GOOG 0.75% 0.60% +0.16% $8M
IEUS 0.20% 0.07% +0.13% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VWO 0.15% 2.13% -1.98% $2M
MBB 0.00% 1.40% -1.40% $0
JAAA 2.21% 3.27% -1.06% $23M
HES 0.00% 0.94% -0.94% $0
BUR 8.84% 9.39% -0.54% $91M
NVO 0.00% 0.53% -0.53% $0
VCIT 0.49% 0.89% -0.40% $5M
META 2.42% 2.71% -0.29% $25M
V 1.95% 2.23% -0.27% $20M
BRO 0.90% 1.16% -0.26% $9M
MELI 1.51% 1.74% -0.23% $16M
AMZN 3.15% 3.35% -0.20% $32M
OTIS 0.88% 1.05% -0.17% $9M
BRK-B 1.49% 1.65% -0.16% $15M
YUMC 2.07% 2.22% -0.15% $21M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 47.2%
Technology 19.0%
Consumer Cyclical 11.5%
Healthcare 9.3%
Communication Services 6.6%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 39 $380M 36.9%
Large Cap 75 $450M 43.7%
Mid Cap 17 $46M 4.4%
Small Cap 10 $105M 10.2%
Micro Cap 5 $49M 4.8%

Portfolio Analytics

Avg Market Cap
$350.9B
Median Market Cap
$75.2B
Avg P/E
31.1
Median P/E
29.1
Avg Dividend Yield
0.01%
Avg Beta
0.91
# Stocks
81
# ETFs / Funds
65

Top Holdings (146 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 BUR 8.84% 7,647,727 $91M $11.91 $2M
2 GLD 5.29% 153,919 $55M $354.26 $11M +9,222 +6.4%
3 TSM 4.87% 179,747 $50M $279.29 $12M +10,206 +6.0%
4 SIHY 4.47% 993,692 $46M $46.37 $7M +137,192 +16.0%
5 MSFT 4.32% 86,292 $45M $516.19 $2M +1,068 +1.2%
6 SONY 4.22% 1,509,091 $43M $28.79 $6M +59,181 +4.1%
7 GOOGL 3.37% 142,748 $35M $243.10 $9M -2,881 -2.0%
8 AMZN 3.15% 147,811 $32M $219.57 $543K +2,354 +1.6%
9 EEM 3.05% 589,120 $31M $53.40 $27M +487,020 +477.0%
10 PYLD 2.83% 1,084,834 $29M $26.84 $3M +103,016 +10.5%
11 ALC 2.55% 352,503 $26M $74.48 $596K +61,556 +21.2%
12 META 2.42% 33,972 $25M $734.38 -$895K -1,042 -3.0%
13 JPM 2.22% 72,532 $23M $315.43 $2M -425 -0.6%
14 JAAA 2.21% 448,382 $23M $50.78 -$8M -165,253 -26.9%
15 AIRR 2.11% 224,832 $22M $96.68 $2M -15,328 -6.4%
16 YUMC 2.07% 497,944 $21M $42.77 $150K +23,096 +4.9%
17 V 1.95% 58,921 $20M $341.38 -$1M -889 -1.5%
18 IAU 1.95% 275,500 $20M $72.77 +275,500 NEW
19 AAPL 1.57% 63,687 $16M $254.63 $4M +4,573 +7.7%
20 JMBS 1.55% 350,049 $16M $45.67 $2M +48,217 +16.0%
21 UBS 1.52% 382,355 $16M $40.86 $3M
22 MELI 1.51% 6,639 $16M $2,336.94 -$1M +299 +4.7%
23 BRK-B 1.49% 30,603 $15M $502.74 -$391K -1,873 -5.8%
24 SPGI 1.38% 29,277 $14M $486.71 $186K +2,606 +9.8%
25 ORLY 1.26% 120,668 $13M $107.81 $2M -1,170 -1.0%
26 MCD 1.17% 39,666 $12M $303.89 $390K -258 -0.7%
27 ADP 1.01% 35,491 $10M $293.50 -$627K -318 -0.9%
28 GE 0.91% 31,183 $9M $300.82 $1M -118 -0.4%
29 NVDA 0.90% 49,813 $9M $186.58 $3M +7,577 +17.9%
30 BRO 0.90% 98,837 $9M $93.79 -$2M -540 -0.5%
31 ASML 0.89% 9,495 $9M $968.09 $1M -678 -6.7%
32 OTIS 0.88% 98,981 $9M $91.43 -$934K -1,841 -1.8%
33 HLT 0.86% 34,148 $9M $259.44 -$327K -342 -1.0%
34 AVGO 0.76% 23,631 $8M $329.91 $1M +552 +2.4%
35 GOOG 0.75% 31,920 $8M $243.55 $2M -136 -0.4%
36 MU 0.73% 44,810 $7M $167.32 $957K -8,257 -15.6%
37 MA 0.68% 12,309 $7M $568.81 $12K -129 -1.0%
38 BSX 0.58% 61,329 $6M $97.63 -$707K -1,002 -1.6%
39 FAST 0.56% 118,056 $6M $49.04 $198K -15,079 -11.3%
40 EWQ 0.56% 130,339 $6M $43.93 $1M +21,921 +20.2%
41 CVX 0.55% 36,458 $6M $155.29 +36,458 NEW
42 LLY 0.53% 7,141 $5M $763.00 -$118K
43 EWU 0.51% 125,165 $5M $41.97 $1K -7,063 -5.3%
44 HD 0.50% 12,675 $5M $405.19 $522K +90 +0.7%
45 VCIT 0.49% 59,562 $5M $84.11 -$3M -42,374 -41.6%
46 SPY 0.48% 7,350 $5M $666.18 $525K +274 +3.9%
47 VB 0.47% 18,915 $5M $254.28 $1M +4,743 +33.5%
48 EWL 0.46% 85,317 $5M $55.24 $2M +43,331 +103.2%
49 EWJ 0.45% 58,155 $5M $80.21 $69K -3,148 -5.1%
50 PG 0.43% 28,955 $4M $153.65 -$110K +341 +1.2%
51 CME 0.40% 15,348 $4M $270.19 $7K +329 +2.2%
52 EZU 0.40% 66,233 $4M $61.94 $155K -160 -0.2%
53 PM 0.39% 25,078 $4M $162.20 -$522K -122 -0.5%
54 AMD 0.39% 25,017 $4M $161.79 $443K -386 -1.5%
55 URTH 0.36% 20,189 $4M $181.56 $894K +3,824 +23.4%
56 TMO 0.35% 7,500 $4M $485.02 $544K -130 -1.7%
57 IYR 0.35% 37,434 $4M $97.08 $86K
58 UNP 0.34% 15,018 $4M $236.37 $127K +141 +0.9%
59 UBER 0.33% 34,563 $3M $97.97 +34,563 NEW
60 VGK 0.31% 40,258 $3M $79.80 -$97K -2,440 -5.7%
61 VT 0.29% 21,609 $3M $137.80 $223K +172 +0.8%
62 INDA 0.29% 57,047 $3M $52.06 -$230K -488 -0.8%
63 LIN 0.25% 5,530 $3M $475.00 $32K
64 CB 0.25% 9,162 $3M $282.25 -$55K +45 +0.5%
65 ADBE 0.22% 6,568 $2M $352.75 -$235K -28 -0.4%
66 DHR 0.22% 11,674 $2M $198.26 -$3K -59 -0.5%
67 QQQ 0.22% 3,846 $2M $598.33 $188K
68 IGF 0.21% 35,452 $2M $61.12 $68K
69 CRM 0.20% 8,816 $2M $237.00 -$317K -10 -0.1%
70 IEUS 0.20% 30,828 $2M $67.38 $1M +20,968 +212.7%
71 EWT 0.20% 32,409 $2M $63.62 $202K
72 ACWI 0.20% 14,605 $2M $138.24 -$11K -1,184 -7.5%
73 VNQI 0.19% 40,022 $2M $47.74 $64K
74 IXN 0.18% 18,050 $2M $103.21 $92K -1,130 -5.9%
75 RTX 0.17% 10,331 $2M $167.33 $220K
76 XLV 0.17% 12,279 $2M $139.17 -$23K -568 -4.4%
77 PH 0.15% 2,060 $2M $758.15 $123K
78 VWO 0.15% 28,676 $2M $54.18 -$19M -382,643 -93.0%
79 BX 0.15% 8,800 $2M $170.85 $187K
80 LEMB 0.12% 30,782 $1M $41.21 $418K +9,726 +46.2%
81 UNH 0.11% 3,419 $1M $345.30 -$732K -2,711 -44.2%
82 DFUV 0.11% 25,825 $1M $44.69 $62K
83 FXI 0.11% 27,775 $1M $41.14 $707K +15,935 +134.6%
84 RSP 0.10% 5,690 $1M $189.70 $45K
85 TXN 0.10% 5,600 $1M $183.73 -$134K
86 CMG 0.10% 26,000 $1M $39.19 -$441K
87 ICVT 0.09% 9,244 $925K $100.05 $145K +584 +6.7%
88 QCOM 0.09% 5,500 $915K $166.36 $39K
89 ZTS 0.09% 6,210 $909K $146.32 -$60K
90 XLK 0.09% 3,187 $898K $281.86 $91K
91 AMAT 0.08% 4,160 $849K $204.05 $90K
92 ORCL 0.08% 3,000 $844K $281.24 $166K -100 -3.2%
93 NEE 0.08% 10,905 $823K $75.49 $122K +805 +8.0%
94 ACWX 0.08% 12,450 $809K $65.01 +12,450 NEW
95 HON 0.07% 3,575 $753K $210.50 -$80K
96 JNJ 0.07% 3,906 $724K $185.42 $182K +356 +10.0%
97 BLK 0.06% 546 $637K $1,165.87 $86K +21 +4.0%
98 JBBB 0.06% 12,648 $609K $48.17 $17K +370 +3.0%
99 COST 0.06% 651 $603K $925.63 -$28K +14 +2.2%
100 IVW 0.06% 4,872 $588K $120.72 $52K

New Positions

SymbolValue% Port
IAU $20M 1.95%
CVX $6M 0.55%
UBER $3M 0.33%
ACWX $809K 0.08%
VBIL $296K 0.03%

Sold Out Positions

SymbolValue% Port
CTVA —%
NVO —%
MBB —%
ROP —%
HES —%
View SEC EDGAR Filings for Pictet North America Advisors SA →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms