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Asset Manager ← All Institutions

Pictet Asset Management Holding SA

ROUTE DES ACACIAS 60, CAROUGE, V8 1227 • 0583232323

Q4 2025 · Filed 2026-01-29
Market Value
$102.0B
-0.7%
Holdings
2,058
+36
New Purchases
98
Added To
1,028
Closed
56
Reduced
493
Top 10 Concentration
22.7%
Turnover
7.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AVGO 2.14% 1.72% +0.42% $2.2B
LLY 0.93% 0.51% +0.42% $946M
AMZN 2.19% 1.87% +0.32% $2.2B
GOOGL 2.64% 2.35% +0.29% $2.7B
NEE 0.73% 0.46% +0.27% $743M
UBS 1.64% 1.40% +0.24% $1.7B
ANET 0.29% 0.08% +0.21% $299M
GOOG 0.93% 0.74% +0.19% $950M
AAPL 2.35% 2.17% +0.18% $2.4B
TEAM 0.63% 0.44% +0.18% $641M
CRM 1.02% 0.84% +0.18% $1.0B
AMAT 0.72% 0.55% +0.17% $732M
NVDA 4.63% 4.48% +0.15% $4.7B
PEG 0.22% 0.08% +0.14% $226M
ISRG 0.64% 0.50% +0.14% $652M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SNPS 0.47% 1.13% -0.66% $478M
FI 0.03% 0.45% -0.42% $32M
EQIX 0.34% 0.58% -0.24% $345M
EXC 0.09% 0.31% -0.23% $88M
ROP 0.23% 0.45% -0.21% $238M
ACM 0.27% 0.48% -0.21% $279M
DLR 0.30% 0.50% -0.20% $307M
D 0.09% 0.28% -0.19% $93M
LRCX 0.70% 0.88% -0.18% $715M
POOL 0.00% 0.16% -0.16% $2M
KLAC 1.06% 1.22% -0.16% $1.1B
META 1.10% 1.26% -0.15% $1.1B
AMD 0.49% 0.64% -0.15% $500M
HD 0.25% 0.39% -0.14% $256M
SPOT 0.26% 0.38% -0.12% $261M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 34.3%
Industrials 14.4%
Healthcare 12.8%
Financial Services 8.6%
Utilities 7.3%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 60 $35.3B 34.6%
Large Cap 763 $60.2B 59.0%
Mid Cap 906 $5.8B 5.7%
Small Cap 318 $684M 0.7%
Micro Cap 11 $31M 0.0%

Portfolio Analytics

Avg Market Cap
$44.3B
Median Market Cap
$6.8B
Avg P/E
33.4
Median P/E
21.8
Avg Dividend Yield
0.02%
Avg Beta
1.09
# Stocks
2,030
# ETFs / Funds
28

Top Holdings (2,058 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 4.63% 25,318,183 $4.7B $186.51 $119M +643,789 +2.6%
2 MSFT 3.49% 7,359,823 $3.6B $483.65 -$58M +375,594 +5.4%
3 GOOGL 2.64% 8,607,869 $2.7B $313.00 $281M -1,317,541 -13.3%
4 AAPL 2.35% 8,834,896 $2.4B $271.87 $172M +78,281 +0.9%
5 AMZN 2.19% 9,697,778 $2.2B $230.83 $317M +948,180 +10.8%
6 AVGO 2.14% 6,307,458 $2.2B $346.13 $414M +943,501 +17.6%
7 UBS 1.64% 35,932,192 $1.7B $46.65 $234M +629,310 +1.8%
8 TMO 1.40% 2,462,156 $1.4B $579.53 $26M -428,284 -14.8%
9 META 1.10% 1,705,456 $1.1B $660.08 -$164M -50,167 -2.9%
10 KLAC 1.06% 887,980 $1.1B $1,215.86 -$168M -269,423 -23.3%
11 CRM 1.02% 3,919,269 $1.0B $264.92 $178M +288,473 +8.0%
12 ECL 0.99% 3,860,283 $1.0B $262.56 $12M +202,449 +5.5%
13 NXPI 0.97% 4,547,654 $987M $217.10 -$71M -100,953 -2.2%
14 GOOG 0.93% 3,026,942 $950M $313.81 $191M -88,497 -2.8%
15 LLY 0.93% 880,506 $946M $1,074.73 $420M +190,126 +27.5%
16 MA 0.90% 1,608,437 $918M $570.96 $57M +94,843 +6.3%
17 TSLA 0.84% 1,907,639 $858M $449.75 -$55M -144,313 -7.0%
18 V 0.83% 2,403,432 $843M $350.75 -$17M -114,580 -4.5%
19 RSG 0.80% 3,846,220 $815M $211.94 -$110M -184,587 -4.6%
20 PANW 0.79% 4,356,617 $803M $184.25 -$19M +319,751 +7.9%
21 TT 0.78% 2,036,142 $793M $389.25 -$96M -69,855 -3.3%
22 HUBS 0.76% 1,935,587 $777M $401.28 $93M +476,740 +32.7%
23 NEE 0.73% 9,254,022 $743M $80.28 $269M +2,972,924 +47.3%
24 AMAT 0.72% 2,846,800 $732M $256.99 $165M +80,985 +2.9%
25 LRCX 0.70% 4,175,648 $715M $171.21 -$193M -2,608,015 -38.5%
26 INTU 0.67% 1,025,056 $679M $662.44 $3M +35,008 +3.5%
27 XYL 0.65% 4,886,252 $665M $136.19 -$114M -397,631 -7.5%
28 ISRG 0.64% 1,150,250 $652M $566.41 $134M -6,477 -0.6%
29 TEAM 0.63% 3,950,852 $641M $162.15 $184M +1,090,787 +38.1%
30 DT 0.62% 14,648,533 $635M $43.35 $26M +2,076,990 +16.5%
31 A 0.62% 4,664,881 $635M $136.07 -$40M -593,337 -11.3%
32 WCN 0.60% 3,508,405 $615M $175.37 $32M +190,123 +5.7%
33 LIN 0.58% 1,390,155 $593M $426.39 $119M +392,103 +39.3%
34 NOW 0.58% 3,840,262 $588M $153.20 $93M +3,301,962 +613.4%
35 FERG 0.57% 2,627,515 $585M $222.66 -$126M -539,977 -17.1%
36 NFLX 0.55% 5,996,425 $562M $93.76 -$29M +5,503,630 +1116.8%
37 WDAY 0.54% 2,580,075 $554M $214.81 -$5M +257,621 +11.1%
38 MU 0.54% 1,931,524 $551M $285.47 $111M -699,932 -26.6%
39 WM 0.53% 2,451,370 $539M $219.72 -$54M -234,302 -8.7%
40 PTC 0.51% 2,976,722 $519M $174.21 -$93M -37,970 -1.3%
41 PH 0.51% 585,994 $515M $879.00 -$12M -109,769 -15.8%
42 AMD 0.49% 2,335,597 $500M $214.17 -$154M -1,707,289 -42.2%
43 SNPS 0.47% 1,017,686 $478M $469.85 -$681M -1,332,153 -56.7%
44 XEL 0.47% 6,472,774 $478M $73.86 -$6M +465,908 +7.8%
45 CDNS 0.47% 1,526,981 $477M $312.60 -$103M -126,065 -7.6%
46 JPM 0.46% 1,467,289 $473M $322.22 $28M +57,725 +4.1%
47 CLH 0.43% 1,885,730 $442M $234.55 -$39M -185,786 -9.0%
48 PNR 0.43% 4,223,831 $440M $104.15 -$91M -565,720 -11.8%
49 ETN 0.43% 1,379,754 $439M $318.52 -$69M +20,976 +1.5%
50 CRWD 0.42% 912,767 $428M $468.86 -$69M -101,584 -10.0%
51 BSX 0.40% 4,299,773 $410M $95.36 $11M +209,413 +5.1%
52 VLTO 0.39% 4,021,161 $401M $99.79 -$96M -639,265 -13.7%
53 ALC 0.39% 4,967,751 $397M $79.87 $39M +161,258 +3.4%
54 SNOW 0.39% 1,797,461 $394M $219.38 $25M +159,503 +9.7%
55 BKNG 0.38% 73,021 $391M $5,356.69 $21M +4,540 +6.6%
56 CNM 0.38% 7,441,427 $387M $51.98 -$62M -887,233 -10.7%
57 CTAS 0.37% 2,002,205 $377M $188.12 $3M +181,952 +10.0%
58 TTEK 0.37% 11,204,346 $376M $33.54 -$98M -2,984,899 -21.0%
59 SRE 0.37% 4,250,729 $375M $88.29 -$29M -245,620 -5.5%
60 SO 0.36% 4,265,347 $372M $87.20 -$8M +255,230 +6.4%
61 GFL 0.36% 8,511,198 $366M $42.95 -$29M +185,169 +2.2%
62 BRK-B 0.35% 706,360 $355M $502.64 $21M +41,627 +6.3%
63 JCI 0.34% 2,909,713 $349M $119.78 -$43M -650,488 -18.3%
64 ADSK 0.34% 1,166,988 $345M $296.01 -$55M -94,320 -7.5%
65 TER 0.34% 1,783,216 $345M $193.59 $49M -369,092 -17.1%
66 EQIX 0.34% 450,183 $345M $766.15 -$253M -312,932 -41.0%
67 AWK 0.34% 2,639,521 $344M $130.50 -$20M +22,827 +0.9%
68 VRTX 0.34% 752,425 $342M $454.80 $32M -39,033 -4.9%
69 ESTC 0.34% 4,534,498 $342M $75.45 -$29M +138,974 +3.2%
70 UNH 0.33% 1,029,448 $340M $330.11 -$101M -246,153 -19.3%
71 ADI 0.33% 1,245,883 $338M $271.21 $10M -90,146 -6.8%
72 MELI 0.32% 160,287 $323M $2,014.27 -$223K +22,143 +16.0%
73 LOGI 0.31% 3,061,513 $315M $102.92 -$24M -49,042 -1.6%
74 CSCO 0.31% 4,041,796 $311M $77.03 $30M -72,887 -1.8%
75 MCHP 0.30% 4,862,384 $310M $63.73 $61M +985,586 +25.4%
76 AXP 0.30% 835,108 $309M $369.96 $25M -20,159 -2.4%
77 JNJ 0.30% 1,490,318 $308M $206.95 $42M +51,447 +3.6%
78 DLR 0.30% 1,983,694 $307M $154.72 -$208M -992,642 -33.4%
79 ZTS 0.30% 2,405,623 $303M $125.82 -$90M -276,479 -10.3%
80 MRVL 0.30% 3,551,856 $302M $84.98 -$526K -44,792 -1.2%
81 CNP 0.29% 7,799,756 $299M $38.34 -$43M -1,003,510 -11.4%
82 ANET 0.29% 2,280,122 $299M $131.08 $218M +1,724,758 +310.6%
83 GILD 0.29% 2,356,514 $291M $123.44 -$8M -326,886 -12.2%
84 BLD 0.29% 697,047 $291M $417.20 $38M +50,762 +7.8%
85 REGN 0.28% 367,870 $285M $773.96 $103M +44,500 +13.8%
86 ZS 0.28% 1,259,127 $283M $224.99 -$7M +291,631 +30.1%
87 TWLO 0.28% 1,982,340 $282M $142.23 $55M -287,345 -12.7%
88 ACM 0.27% 2,922,328 $279M $95.34 -$214M -849,546 -22.5%
89 STN 0.27% 2,927,954 $277M $94.49 -$97M -533,732 -15.4%
90 PCG 0.27% 16,833,793 $271M $16.07 -$5M -1,421,696 -7.8%
91 LNT 0.26% 4,067,962 $264M $65.01 $5M +215,188 +5.6%
92 ABBV 0.26% 1,148,726 $262M $228.51 $21M +105,458 +10.1%
93 SPOT 0.26% 449,991 $261M $580.72 -$128M -107,569 -19.3%
94 HD 0.25% 742,793 $256M $344.12 -$143M -241,911 -24.6%
95 UBER 0.25% 3,097,566 $253M $81.71 -$12M +389,857 +14.4%
96 PWR 0.25% 599,531 $253M $422.06 -$16M -49,637 -7.7%
97 CGNX 0.25% 7,013,184 $252M $35.98 $4M +1,529,010 +27.9%
98 FTNT 0.25% 3,155,993 $251M $79.44 $38M +630,369 +25.0%
99 CMS 0.24% 3,571,251 $250M $69.93 $97M +1,481,779 +70.9%
100 WMT 0.24% 2,231,727 $249M $111.41 $22M +33,195 +1.5%

Options Breakdown

8 Calls $55M Call Value 4 Puts $13M Put Value 0.23 P/C Ratio

Top Calls

SymbolSharesValueStatus
AMZN 135,366 $31M
MSFT 18,149 $9M
CNC 168,383 $7M NEW
UNH 13,622 $4M
FCX 43,934 $2M NEW
TSLA 3,659 $2M
META $0 SOLD
AVGO $0 SOLD

Top Puts

SymbolSharesValueStatus
TSLA 12,954 $6M NEW
MELI 2,751 $6M NEW
BE 15,631 $1M NEW
OKLO $0 SOLD

New Positions

SymbolValue% Port
TOTB.DE $98M 0.10%
HYG $92M 0.09%
MDLN $49M 0.05%
GMAB $34M 0.03%
UPB $21M 0.02%
YNDX $11M 0.01%
BETA $11M 0.01%
Q $8M 0.01%
IBB $8M 0.01%
RKT $6M 0.01%
LTM $6M 0.01%
MICC $5M 0.01%
GDS $5M —%
CRWV $4M —%
SQM $2M —%

Sold Out Positions

SymbolValue% Port
NSP —%
NIO —%
ENR —%
LXP —%
HPP —%
INFY —%
DFIN —%
CRCL —%
UTL —%
KOF —%
SUPV —%
LNN —%
PRG —%
PBR —%
STVN —%
View SEC EDGAR Filings for Pictet Asset Management Holding SA →

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