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Asset Manager ← All Institutions

Pictet North America Advisors SA

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

Q4 2025 · Filed 2026-01-16
Market Value
$1.0B
+0.2%
Holdings
149
+3
New Purchases
8
Added To
34
Closed
0
Reduced
50
Top 10 Concentration
42.8%
Turnover
5.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BN 1.81% 0.00% +1.81% $19M
GOOGL 4.18% 3.37% +0.81% $43M
GLD 5.89% 5.29% +0.60% $61M
TSM 5.36% 4.87% +0.49% $55M
TOTB.DE 0.48% 0.00% +0.48% $5M
ALC 3.00% 2.55% +0.45% $31M
MELI 1.82% 1.51% +0.32% $19M
YUMC 2.34% 2.07% +0.27% $24M
CPRT 0.25% 0.00% +0.25% $3M
LLY 0.75% 0.53% +0.22% $8M
GOOG 0.97% 0.75% +0.22% $10M
EWJ 0.61% 0.45% +0.16% $6M
UBS 1.67% 1.52% +0.15% $17M
AMD 0.49% 0.39% +0.10% $5M
EWL 0.56% 0.46% +0.10% $6M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BUR 6.64% 8.84% -2.21% $69M
SIHY 3.76% 4.47% -0.72% $39M
JAAA 1.51% 2.21% -0.69% $16M
PYLD 2.16% 2.83% -0.67% $22M
JMBS 1.01% 1.55% -0.55% $10M
MSFT 3.92% 4.32% -0.41% $40M
SONY 3.81% 4.22% -0.41% $39M
META 2.11% 2.42% -0.31% $22M
ORLY 1.04% 1.26% -0.22% $11M
BRO 0.71% 0.90% -0.19% $7M
FAST 0.42% 0.56% -0.14% $4M
HD 0.41% 0.50% -0.09% $4M
OTIS 0.80% 0.88% -0.08% $8M
ADP 0.95% 1.01% -0.06% $10M
UBER 0.26% 0.33% -0.06% $3M

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 $389M 37.6%
Large Cap 77 $476M 46.1%
Mid Cap 18 $42M 4.1%
Small Cap 10 $83M 8.0%
Micro Cap 5 $42M 4.1%

Portfolio Analytics

Avg Market Cap
$345.0B
Median Market Cap
$76.0B
Avg P/E
31.4
Median P/E
28.9
Avg Dividend Yield
0.01%
Avg Beta
0.93
# Stocks
80
# ETFs / Funds
69

Top Holdings (149 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 BUR 6.64% 7,647,727 $69M $8.96 -$23M
2 GLD 5.89% 154,165 $61M $394.71 $6M +246 +0.2%
3 TSM 5.36% 182,058 $55M $303.89 $5M +2,311 +1.3%
4 GOOGL 4.18% 137,965 $43M $313.00 $8M -4,783 -3.4%
5 MSFT 3.92% 83,972 $40M $481.66 -$4M -2,320 -2.7%
6 SONY 3.81% 1,537,036 $39M $25.60 -$4M +27,945 +1.9%
7 SIHY 3.76% 849,132 $39M $45.68 -$7M -144,560 -14.6%
8 EEM 3.12% 588,156 $32M $54.71 $719K -964 -0.2%
9 AMZN 3.09% 138,030 $32M $230.82 -$595K -9,781 -6.6%
10 ALC 3.00% 388,026 $31M $79.87 $5M +35,523 +10.1%
11 YUMC 2.34% 507,719 $24M $47.55 $3M +9,775 +2.0%
12 JPM 2.19% 70,301 $23M $322.22 -$226K -2,231 -3.1%
13 PYLD 2.16% 834,053 $22M $26.68 -$7M -250,781 -23.1%
14 AIRR 2.14% 224,873 $22M $98.32 $373K +41 +0.0%
15 META 2.11% 33,029 $22M $660.09 -$3M -943 -2.8%
16 IAU 1.95% 248,159 $20M $81.17 $95K -27,341 -9.9%
17 V 1.92% 56,467 $20M $350.71 -$311K -2,454 -4.2%
18 MELI 1.82% 9,342 $19M $2,014.26 $3M +2,703 +40.7%
19 BN 1.81% 405,659 $19M $45.97 +405,659 NEW
20 UBS 1.67% 369,855 $17M $46.65 $2M -12,500 -3.3%
21 AAPL 1.55% 58,859 $16M $271.86 -$215K -4,828 -7.6%
22 JAAA 1.51% 309,262 $16M $50.58 -$7M -139,120 -31.0%
23 SPGI 1.45% 28,617 $15M $522.59 $706K -660 -2.2%
24 BRK-B 1.44% 29,572 $15M $502.65 -$521K -1,031 -3.4%
25 MCD 1.14% 38,631 $12M $305.63 -$247K -1,035 -2.6%
26 ORLY 1.04% 117,865 $11M $91.21 -$2M -2,803 -2.3%
27 JMBS 1.01% 227,223 $10M $45.69 -$6M -122,826 -35.1%
28 ASML 0.98% 9,458 $10M $1,069.86 $927K -37 -0.4%
29 GOOG 0.97% 31,920 $10M $313.80 $2M
30 ADP 0.95% 37,988 $10M $257.23 -$645K +2,497 +7.0%
31 HLT 0.92% 33,194 $10M $287.25 $676K -954 -2.8%
32 NVDA 0.92% 50,835 $9M $186.50 $187K +1,022 +2.0%
33 GE 0.89% 29,934 $9M $308.03 -$160K -1,249 -4.0%
34 OTIS 0.80% 94,246 $8M $87.35 -$817K -4,735 -4.8%
35 AVGO 0.77% 23,026 $8M $346.10 $173K -605 -2.6%
36 MU 0.75% 27,110 $8M $285.41 $240K -17,700 -39.5%
37 LLY 0.75% 7,158 $8M $1,074.68 $2M +17 +0.2%
38 BRO 0.71% 92,125 $7M $79.70 -$2M -6,712 -6.8%
39 MA 0.62% 11,253 $6M $570.88 -$577K -1,056 -8.6%
40 EWJ 0.61% 77,765 $6M $80.74 $2M +19,610 +33.7%
41 EWL 0.56% 95,606 $6M $59.96 $1M +10,289 +12.1%
42 BSX 0.54% 58,974 $6M $95.35 -$364K -2,355 -3.8%
43 VCIT 0.51% 63,223 $5M $83.75 $285K +3,661 +6.2%
44 EWU 0.51% 119,724 $5M $43.98 $12K -5,441 -4.3%
45 CVX 0.51% 34,289 $5M $152.41 -$436K -2,169 -6.0%
46 EWQ 0.50% 115,725 $5M $44.99 -$519K -14,614 -11.2%
47 AMD 0.49% 23,734 $5M $214.16 $1M -1,283 -5.1%
48 SPY 0.49% 7,350 $5M $681.92 $116K
49 TOTB.DE 0.48% 76,104 $5M $65.29 +76,104 NEW
50 VB 0.46% 18,364 $5M $257.95 -$73K -551 -2.9%
51 FAST 0.42% 108,786 $4M $40.13 -$1M -9,270 -7.8%
52 EZU 0.42% 67,953 $4M $64.10 $253K +1,720 +2.6%
53 TMO 0.41% 7,254 $4M $579.45 $566K -246 -3.3%
54 HD 0.41% 12,165 $4M $344.10 -$950K -510 -4.0%
55 URTH 0.39% 21,801 $4M $185.77 $384K +1,612 +8.0%
56 CME 0.39% 14,811 $4M $273.08 -$102K -537 -3.5%
57 PG 0.38% 27,666 $4M $143.31 -$484K -1,289 -4.5%
58 PM 0.37% 24,107 $4M $160.40 -$201K -971 -3.9%
59 IYR 0.34% 37,434 $4M $93.89 -$119K
60 VGK 0.33% 40,778 $3M $83.61 $197K +520 +1.3%
61 UNP 0.31% 13,681 $3M $231.32 -$385K -1,337 -8.9%
62 INDA 0.30% 56,832 $3M $54.10 $105K -215 -0.4%
63 VT 0.29% 21,458 $3M $141.06 $49K -151 -0.7%
64 CB 0.28% 9,254 $3M $312.12 $302K +92 +1.0%
65 UBER 0.26% 33,409 $3M $81.71 -$656K -1,154 -3.3%
66 CPRT 0.25% 66,191 $3M $39.15 +66,191 NEW
67 DHR 0.23% 10,599 $2M $228.92 $112K -1,075 -9.2%
68 LIN 0.23% 5,564 $2M $426.39 -$254K +34 +0.6%
69 QQQ 0.23% 3,846 $2M $611.82 $52K
70 IGF 0.21% 35,452 $2M $61.36 $9K
71 IEUS 0.21% 31,087 $2M $68.54 $54K +259 +0.8%
72 CRM 0.20% 7,986 $2M $264.91 $26K -830 -9.4%
73 ADBE 0.20% 5,905 $2M $349.99 -$250K -663 -10.1%
74 ACWI 0.20% 14,605 $2M $141.49 $47K
75 EWT 0.20% 32,409 $2M $63.53 -$3K
76 XLV 0.18% 12,279 $2M $154.80 $192K
77 IXN 0.18% 18,050 $2M $105.00 $32K
78 RTX 0.18% 10,331 $2M $183.40 $166K
79 VWO 0.18% 35,146 $2M $53.76 $336K +6,470 +22.6%
80 VNQI 0.18% 40,022 $2M $45.84 -$76K
81 PH 0.18% 2,060 $2M $878.96 $249K
82 FXI 0.14% 36,825 $1M $38.29 $267K +9,050 +32.6%
83 BX 0.13% 8,800 $1M $154.14 -$147K
84 LEMB 0.12% 30,672 $1M $41.57 $7K -110 -0.4%
85 DFUV 0.12% 25,825 $1M $46.59 $49K
86 UNH 0.11% 3,440 $1M $330.11 -$45K +21 +0.6%
87 RSP 0.11% 5,690 $1M $191.56 $11K
88 AMAT 0.10% 4,160 $1M $255.95 $216K
89 TXN 0.09% 5,600 $972K $173.49 -$57K
90 CMG 0.09% 26,000 $962K $37.00 -$57K
91 QCOM 0.09% 5,500 $941K $171.05 $26K
92 XLK 0.09% 6,374 $918K $143.97 $19K +3,187 +100.0%
93 ICVT 0.09% 9,244 $911K $98.50 -$14K
94 EWC 0.09% 16,303 $879K $53.93 $346K +5,750 +54.5%
95 NEE 0.08% 10,905 $875K $80.28 $52K
96 ACWX 0.08% 12,450 $836K $67.13 $26K
97 VCSH 0.08% 10,270 $819K $79.73 $301K +3,790 +58.5%
98 JNJ 0.08% 3,906 $808K $206.95 $84K
99 ZTS 0.08% 6,210 $781K $125.82 -$127K
100 XBI 0.07% 6,020 $734K $121.93 +6,020 NEW

New Positions

SymbolValue% Port
BN $19M 1.81%
TOTB.DE $5M 0.48%
CPRT $3M 0.25%
XBI $734K 0.07%
EFA $355K 0.03%
SLV $304K 0.03%
SPLG $270K 0.03%
EWY $220K 0.02%
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