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Pictet Asset Management Holding SA: 13F Stock Holdings & Portfolio (Q2 2026)
Pictet Asset Management Holding SACIK: 0001993888
Diversified strategyMomentum follower
Total reported value
$104.7B
Reporting period: 2026-06-30 · Number of holdings: 2143
Pictet Asset Management Holding SA disclosed 2143 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $104.7B and a quarterly turnover rate of 31.1%.
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Personality snowflake
- Concentration
- 3.21
- Portfolio Stability
- 31.07
- Momentum
- 100
- Sector conviction
- 64.31
- Diversification
- 100
- Sizing Uniformity
- 59.82
Pictet Asset Management Holding SA's disclosed holdings carry a Herfindahl concentration index of 0.008 — mathematically equivalent to about 125 equally-sized positions, well below its 2143 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 4.02), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd MU
-13.9% $808.1M
Trim MSFT
-17.7% -$422.5M
Trim NVDA
-16.8% -$201.2M
Add AMD
-5.0% $663.0M
Add SNOW
+56.7% $644.6M
Trim TMO
-47.9% -$474.5M
Holdings Map
New buyAddUnchangedTrim
Institutional Game-State Analysis
Core Intent
Pictet Asset Management's June 2026 filing depicts an exceptionally diversified book — 2,134 holdings, HHI near 0.008 — with moderate ~31% turnover pointing to targeted adjustments rather than wholesale repositioning. The most legible activity is intra-tech: active trims in memory and semicap names (MU, AMD, AMAT, LRCX) whose weights nonetheless rose sharply on price — Micron from 0.44% to 1.17%, Applied Materials to 1.44% — a pattern consistent with profit-taking into strength rather than exits. Adds clustered in AI-adjacent infrastructure and software: Vertiv jumped from 0.12% to 0.60% of the book alongside builds in Snowflake and Cisco, while Alphabet was trimmed even as its weight edged up to 2.79%.
Macro & Fundamentals
These flows line up with the AI capital-expenditure narrative that has anchored equity leadership: harvesting memory and fab-equipment exposure after outsized runs while rotating toward power and cooling (VRT), networking (CSCO) and data-cloud software (SNOW), with the 40.5% Information Technology weight mirroring broad-market concentration in mega-cap tech. To be clear, this is an inference from a single quarter of filings — suggestive of capital rotation within tech, not a confirmed causal driver.
Blind Spots / Risks
The sharpest vulnerability lies in the strategy's own profile: a maximum momentum reading (score 100) paired with only ~31% turnover leaves the book structurally positioned for trend continuation yet mechanically slow to de-risk. Should AI-led leadership reverse, this setup is exposed to a positioning squeeze — crowded momentum exposure spread across 2,134 lines cannot be unwound quickly without market impact, meaning headline diversification may overstate the protection this portfolio actually carries.
The summary above is AI-generated directly from this institution's Form 13F filings on the SEC's EDGAR system and reflects historical holdings only. It is not investment advice — verify the details against the original filing linked below. View the original 2026-06-30 Form 13F filing on SEC.gov
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 2143 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 4.09% | -0.64% | -16.77% | |
| 2 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 2.79% | +0.24% | -2.77% | |
| 3 | AVGO | Broadcom Inc | Stock-Tech | 2.65% | +0.18% | -2.99% | |
| 4 | AAPL | Apple Inc | Stock-Tech | 2.42% | -0.01% | -3.40% | |
| 5 | MSFT | Microsoft CORP | Stock-Tech | 1.96% | -0.65% | -17.72% | |
| 6 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 1.95% | -0.14% | -10.22% | |
| 7 | UBS | UBS Group AG | Stock-Financials | 1.74% | +0.30% | +3.24% | |
| 8 | AMAT | Applied Materials Inc | Stock-Tech | 1.44% | +0.43% | -25.65% | |
| 9 | KLAC | Kla CORP | Stock-Tech | 1.40% | +0.28% | +572.79% | |
| 10 | MU | Micron Technology Inc | Stock-Tech | 1.17% | +0.73% | -13.85% | |
| 11 | LRCX | Lam Research CORP | Stock-Tech | 1.10% | +0.45% | -8.70% | |
| 12 | AMD | Advanced Micro Devices | Stock-Tech | 1.00% | +0.59% | -5.03% | |
| 13 | SNOW | Snowflake Inc | Stock-Tech | 0.99% | +0.58% | +56.67% | |
| 14 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.97% | +0.05% | -6.15% | |
| 15 | V | Visa Inc-class A Shares | Stock-Financials | 0.89% | +0.24% | +33.53% | |
| 16 | CSCO | Cisco Systems Inc | Stock-Tech | 0.87% | +0.55% | +100.50% | |
| 17 | NXPI | NXP Semiconductors N.V. | Stock-Tech | 0.87% | +0.07% | -15.99% | |
| 18 | LLY | Eli Lilly & Co | Stock-Healthcare | 0.87% | -0.05% | -20.02% | |
| 19 | ANET | Arista Networks Inc | Stock-Tech | 0.76% | +0.21% | +9.85% | |
| 20 | TSLA | Tesla Inc | Stock-Consumer Disc | 0.75% | — | -2.98% | |
| 21 | PANW | Palo Alto Networks Inc | Stock-Tech | 0.74% | -0.07% | -52.91% | |
| 22 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.73% | -0.31% | -21.59% | |
| 23 | TT | Trane Technologies plc | Stock-Industrials | 0.73% | -0.12% | -19.33% | |
| 24 | XEL | Xcel Energy Inc | Stock-Utilities | 0.69% | -0.05% | +1.88% | |
| 25 | CRM | Salesforce Inc | Stock-Tech | 0.68% | -0.19% | +3.06% | |
| 26 | NOW | Servicenow Inc | Stock-Tech | 0.68% | +0.01% | +18.14% | |
| 27 | ECL | Ecolab Inc | Stock-Materials | 0.67% | -0.24% | -23.24% | |
| 28 | CRWD | Crowdstrike Holdings Inc - A | Stock-Tech | 0.63% | +0.10% | -32.62% | |
| 29 | MA | Mastercard Inc - A | Stock-Financials | 0.61% | -0.20% | -19.37% | |
| 30 | VRT | Vertiv Holdings Co-a | Stock-Industrials | 0.60% | +0.48% | +298.83% | |
| 31 | NEE | Nextera Energy Inc | Stock-Utilities | 0.60% | -0.35% | -26.15% | |
| 32 | A | Agilent Technologies Inc | Stock-Healthcare | 0.57% | +0.15% | +28.51% | |
| 33 | DT | Dynatrace Inc | Stock-Tech | 0.54% | -0.08% | -19.27% | |
| 34 | AZN | AstraZeneca PLC | Stock-Healthcare | 0.53% | -0.18% | -15.63% | |
| 35 | ISRG | Intuitive Surgical Inc | Stock-Healthcare | 0.52% | -0.07% | +12.62% | |
| 36 | TMO | Thermo Fisher Scientific Inc | Stock-Healthcare | 0.51% | -0.56% | -47.91% | |
| 37 | ADSK | Autodesk Inc | Stock-Tech | 0.51% | -0.02% | +30.58% | |
| 38 | LIN | Linde plc | Stock-Materials | 0.51% | -0.05% | -5.13% | |
| 39 | RSG | Republic Services Inc | Stock-Industrials | 0.50% | -0.22% | -20.31% | |
| 40 | MRVL | Marvell Technology Inc | Stock-Tech | 0.50% | +0.07% | -57.57% | |
| 41 | FERG | Ferguson Enterprises Inc | Stock-Industrials | 0.48% | -0.23% | -26.19% | |
| 42 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.46% | +0.03% | +6.47% | |
| 43 | XYL | Xylem Inc | Stock-Industrials | 0.46% | -0.09% | -6.81% | |
| 44 | TER | Teradyne Inc | Stock-Tech | 0.45% | +0.20% | +22.13% | |
| 45 | CDNS | Cadence Design Sys Inc | Stock-Tech | 0.45% | +0.08% | +0.99% | |
| 46 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.45% | +0.07% | +26.89% | |
| 47 | TWLO | Twilio Inc - A | Stock-Tech | 0.44% | +0.13% | -3.60% | |
| 48 | PH | Parker Hannifin CORP | Stock-Industrials | 0.44% | -0.14% | -22.43% | |
| 49 | ADI | Analog Devices Inc | Stock-Tech | 0.43% | +0.03% | -5.48% | |
| 50 | NET | Cloudflare Inc - Class A | Stock-Tech | 0.42% | +0.12% | +30.11% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+4%
Performance Last 4 Quarters
+19.6%
- Stdev
- +12.2%
- Beta
- +0.99
- Alpha
- -3.2%
- Max Drawdown
- -9.2%
- Annualized Perf
- +18.2%
- Batting Avg vs S&P
- +27.3%
- Sortino
- +2.7
- Stutzer
- +0.41
- Treynor
- +0.18
- Sterling
- +1.04
- Calmar
- +1.97
- Information Ratio
- -1.01
- Tracking Error
- +3.4%
- Stdev Down
- +6.5%
- Winning Months %
- +66.7%
- Losing Months %
- +33.3%
- Best 12 Months
- +26.8%
- Worst 12 Months
- +0.9%
- Efficiency Ratio
- +0.58
- Sharpe
- +1.43
- Stdev Sectors
- +10.6%
- Skewness
- -0.25
- Kurtosis
- -0.08
- Upside Potential
- +4.18
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
Pictet Asset Management Holding SA's most significant position changes for 2026-06-30: New buy: ; Sold out: Terns Pharmaceuticals Inc (430); New buy: Ascendis Pharma A/s; New buy: Oruka Therapeutics Inc (ORKA); Sold out: Honeywell International Inc (HON).
Showing top 200 changes by size (of 2217 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MU | Micron Technology Inc | +0.7% | -13.85% | Trim |
| 2 | AMD | Advanced Micro Devices | +0.6% | -5.03% | Trim |
| 3 | SNOW | Snowflake Inc | +0.6% | +56.67% | Add |
| 4 | CSCO | Cisco Systems Inc | +0.6% | +100.50% | Add |
| 5 | VRT | Vertiv Holdings Co-a | +0.5% | +298.83% | Add |
| 6 | LRCX | Lam Research CORP | +0.5% | -8.70% | Trim |
| 7 | AMAT | Applied Materials Inc | +0.4% | -25.65% | Trim |
| 8 | UBS | UBS Group AG | +0.3% | +3.24% | Add |
| 9 | KLAC | Kla CORP | +0.3% | +572.79% | Add |
| 10 | ONTO | Onto Innovation Inc | +0.3% | +4284.28% | Add |
| 11 | GOOGL | Alphabet Inc-cl A | +0.2% | -2.77% | Trim |
| 12 | V | Visa Inc-class A Shares | +0.2% | +33.53% | Add |
| 13 | ANET | Arista Networks Inc | +0.2% | +9.85% | Add |
| 14 | TER | Teradyne Inc | +0.2% | +22.13% | Add |
| 15 | BLDR | Builders Firstsource Inc | +0.2% | +175.77% | Add |
| 16 | APG | Api Group CORP | +0.2% | +90.97% | Add |
| 17 | DDOG | Datadog Inc - Class A | +0.2% | +73.02% | Add |
| 18 | AKAM | Akamai Technologies Inc | +0.2% | +4986.37% | Add |
| 19 | AVGO | Broadcom Inc | +0.2% | -2.99% | Trim |
| 20 | WTS | Watts Water Technologies-a | +0.2% | +2495.58% | Add |
| 21 | CIEN | Ciena CORP | +0.2% | +593.08% | Add |
| 22 | J | Jacobs Solutions Inc | +0.2% | +747.95% | Add |
| 23 | ✓ | +0.2% | NEW | New buy | |
| 24 | INTC | Intel CORP | +0.2% | -32.72% | Trim |
| 25 | LSCC | Lattice Semiconductor CORP | +0.2% | +60.53% | Add |
| 26 | A | Agilent Technologies Inc | +0.2% | +28.51% | Add |
| 27 | WDC | Western Digital CORP | +0.2% | +61.50% | Add |
| 28 | FFIV | F5 Inc | +0.2% | +1461.50% | Add |
| 29 | IEX | Idex CORP | +0.1% | +93.04% | Add |
| 30 | LECO | Lincoln Electric Holdings | +0.1% | +457.44% | Add |
| 31 | TWLO | Twilio Inc - A | +0.1% | -3.60% | Trim |
| 32 | AEP | American Electric Power | +0.1% | +64.58% | Add |
| 33 | IDA | Idacorp Inc | +0.1% | +122.14% | Add |
| 34 | NRG | Nrg Energy Inc | +0.1% | +201.69% | Add |
| 35 | VMI | Valmont Industries | +0.1% | +7551.14% | Add |
| 36 | URI | United Rentals Inc | +0.1% | +196.66% | Add |
| 37 | NET | Cloudflare Inc - Class A | +0.1% | +30.11% | Add |
| 38 | RVMD | Revolution Medicines Inc | +0.1% | +82.02% | Add |
| 39 | CLS | Celestica Inc | +0.1% | +103.62% | Add |
| 40 | FSS | Federal Signal CORP | +0.1% | +8942.60% | Add |
| 41 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | -32.62% | Trim |
| 42 | VRTX | Vertex Pharmaceuticals Inc | +0.1% | +59.75% | Add |
| 43 | SNDK | Sandisk CORP | +0.1% | +51.60% | Add |
| 44 | BRZE | Braze Inc-a | +0.1% | +38962.53% | Add |
| 45 | FORM | Formfactor Inc | +0.1% | +5215.77% | Add |
| 46 | NVT | nVent Electric plc | +0.1% | +11.07% | Add |
| 47 | RVTY | Revvity Inc | +0.1% | +81.80% | Add |
| 48 | ULS | Ul Solutions Inc - Class A | +0.1% | +7289.98% | Add |
| 49 | CDNS | Cadence Design Sys Inc | +0.1% | +0.99% | Add |
| 50 | ON | On Semiconductor | +0.1% | -7.86% | Trim |
1–50 of 200
Filing History
FAQ
What is Pictet Asset Management Holding SA and what type of investor is it?
Pictet Asset Management Holding SA is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $104.7B, spread across 2143 disclosed positions.
What are Pictet Asset Management Holding SA's largest equity positions?
Based on the latest 13F filing, Pictet Asset Management Holding SA's top holdings by market value are:
1. Nvidia CORP (NVDA) — $4.3B (4.1%)
2. Alphabet Inc-cl A (GOOGL) — $2.9B (2.8%)
3. Broadcom Inc (AVGO) — $2.8B (2.6%)
4. Apple Inc (AAPL) — $2.5B (2.4%)
5. Microsoft CORP (MSFT) — $2.1B (2.0%)
What changes did Pictet Asset Management Holding SA make in its most recent portfolio filing?
In the latest reported quarter, Pictet Asset Management Holding SA made 200 notable position adjustments: 3 new positions were initiated, 97 existing holdings were added to, 96 positions were partially reduced, and 4 were completely exited. The largest of these moves: New buy: ; Sold out: Terns Pharmaceuticals Inc (430); New buy: Ascendis Pharma A/s; New buy: Oruka Therapeutics Inc (ORKA); Sold out: Honeywell International Inc (HON)
What sectors does Pictet Asset Management Holding SA focus on?
Pictet Asset Management Holding SA is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 40.5%
• Industrials: 13.5%
• Health Care: 10.8%
• Financials: 8.3%
• Utilities: 6.6%
• Consumer Discretionary: 6.6%
Investment Profile
Pictet Asset Management Holding SA returned an annualized 18.2% over the trailing 33 months — underperforming the S&P 500 by 3.2 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.99 (roughly in line with the market) and a 27% quarterly batting average against the index.
Its portfolio is broadly diversified and moderately active, with 40.5% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 31 over the past 4 quarters — a shift toward more active trading.
It has added to its AMAT position over the past two quarters (+$774.6M, now $1.5B), while trimming MSFT over the same stretch (-$1.5B, still holding $2.1B).
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Developer Access
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REST API
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npx alphasmo institutions get pictet-asset-management-holding-sa