BANQUE PICTET & CIE SA
Long book
$8.63B
Q1 2026
Positions
374
Top-10 weight
50%
concentration
Last quarter
+13.9%
SPY +14.8%
Turnover
30%
of book per quarter
Strategy in plain words
auto-generated from filingsBANQUE PICTET & CIE SA is an institutional manager, running a $8.63B US long book across 374 positions.
The portfolio is moderately concentrated (top 10 ≈ 50% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: AMAZON.COM INC, MICROSOFT CORP, ALPHABET INC-CL C, ALPHABET INC-CL A, MCDONALD'S CORP.
Over the last 9 quarters its long book ran on average 1.5pp per quarter behind the S&P 500, beating the index in 1 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.6%
Q2 2024
+1.6%
Q3 2024
+0.4%
Q4 2024
-5.5%
Q1 2025
+7.7%
Q2 2025
+6.1%
Q3 2025
+5.4%
Q4 2025
-5.8%
Q1 2026
+13.9%
Sector allocation
Technology 38%
Consumer discretionary 17%
Healthcare 12%
Services media 11%
Financials 5%
Utilities 5%
Industrials 4%
Energy 3%
Long book by quarter
What does BANQUE PICTET own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 4.1M | $861.2M | 10.0% | -18.5% |
| MSFT MICROSOFT CORP | Technology | 1.9M | $708.3M | 8.2% | +13.4% |
| GOOG ALPHABET INC-CL C | Technology | 1.8M | $507.0M | 5.9% | -26.1% |
| GOOGL ALPHABET INC-CL A | Technology | 1.6M | $464.8M | 5.4% | -4.8% |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.1M | $345.8M | 4.0% | -23.3% |
| MA MASTERCARD INC - A | Services media | 664.1K | $331.8M | 3.8% | -22.3% |
| WM WASTE MANAGEMENT INC | Utilities | 1.3M | $298.6M | 3.5% | -24.6% |
| TXN TEXAS INSTRUMENTS INC | Technology | 1.5M | $295.2M | 3.4% | -24.3% |
| NVDA NVIDIA CORP | Technology | 1.5M | $260.7M | 3.0% | +2.0% |
| ZTS ZOETIS INC | Healthcare | 1.8M | $215.1M | 2.5% | -23.5% |
| MSCI MSCI INC | Services media | 390.1K | $210.3M | 2.4% | -25.4% |
| META META PLATFORMS INC-CLASS A | Technology | 323.0K | $184.8M | 2.1% | -5.1% |
| MRNA MODERNA INC | Healthcare | 2.7M | $139.6M | 1.6% | -12.2% |
| AAPL APPLE INC | Technology | 546.3K | $138.6M | 1.6% | -5.1% |
| TTE TOTALENERGIES SE | Energy | 1.4M | $130.9M | 1.5% | +73.4% |
| AVGO BROADCOM INC | Technology | 396.8K | $122.8M | 1.4% | +15.2% |
| V VISA INC-CLASS A SHARES | Services media | 366.1K | $110.6M | 1.3% | -3.8% |
| ABBV ABBVIE INC | Healthcare | 372.5K | $81.0M | 0.9% | -4.2% |
| WFC WELLS FARGO & CO | Financials | 935.1K | $74.4M | 0.9% | -16.2% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 446.5K | $73.8M | 0.9% | +1.7% |
| UBS UBS GROUP AG-REG | Financials | 1.7M | $63.7M | 0.7% | +9.6% |
| MDLN MEDLINE INC-CL A | Healthcare | 1.4M | $63.2M | 0.7% | New |
| MRK MERCK & CO. INC. | Healthcare | 513.1K | $61.7M | 0.7% | -7.9% |
| LIN LINDE PLC | Materials | 123.3K | $61.1M | 0.7% | +84.0% |
| ETN EATON CORP PLC | Industrials | 170.1K | $60.9M | 0.7% | -4.0% |
| LLY ELI LILLY & CO | Healthcare | 64.4K | $59.2M | 0.7% | -11.6% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 921.2K | $57.8M | 0.7% | +240.1% |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 597.5K | $55.2M | 0.6% | -2.2% |
| UNH UNITEDHEALTH GROUP INC | Financials | 194.3K | $52.6M | 0.6% | -12.6% |
| SYK STRYKER CORP | Healthcare | 155.9K | $51.2M | 0.6% | -9.5% |
| AMD ADVANCED MICRO DEVICES | Technology | 241.1K | $49.1M | 0.6% | -8.7% |
| CRM SALESFORCE INC | Technology | 256.1K | $47.8M | 0.6% | -22.4% |
| MRSH MARSH & MCLENNAN COS | Financials | 267.7K | $46.4M | 0.5% | -5.0% |
| MU MICRON TECHNOLOGY INC | Technology | 135.2K | $45.7M | 0.5% | +2.6% |
| ALC ALCON INC | Healthcare | 615.6K | $45.4M | 0.5% | -2.8% |
| OC OWENS CORNING | Industrials | 402.7K | $43.6M | 0.5% | -2.4% |
| DE DEERE & CO | Industrials | 76.6K | $43.2M | 0.5% | -0.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 170.4K | $41.7M | 0.5% | -12.8% |
| NFLX NETFLIX INC | Services media | 402.0K | $38.7M | 0.4% | +7.1% |
| BAC BANK OF AMERICA CORP | Financials | 789.7K | $38.5M | 0.4% | -3.5% |
| AZN ASTRAZENECA PLC | Healthcare | 195.8K | $37.9M | 0.4% | New |
| UBER UBER TECHNOLOGIES INC | Services media | 486.2K | $35.0M | 0.4% | +1.3% |
| TRGP TARGA RESOURCES CORP | Utilities | 129.8K | $32.5M | 0.4% | +4.5% |
| TJX TJX COMPANIES INC | Consumer discretionary | 195.2K | $31.2M | 0.4% | -5.2% |
| MCO MOODY'S CORP | Services media | 70.7K | $30.8M | 0.4% | -3.8% |
| PEP PEPSICO INC | Consumer staples | 188.6K | $29.3M | 0.3% | -3.6% |
| BKNG BOOKING HOLDINGS INC | Industrials | 6.8K | $28.8M | 0.3% | -1.0% |
| CVX CHEVRON CORP | Energy | 138.7K | $28.7M | 0.3% | -18.5% |
| GILD GILEAD SCIENCES INC | Healthcare | 202.3K | $28.2M | 0.3% | -10.9% |
| SLB SLB LTD | Energy | 541.8K | $27.8M | 0.3% | +71.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 14, 2026 | 388 | $14.19B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 16, 2026 | 411 | $17.06B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 405 | $17.21B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 16, 2025 | 361 | $14.37B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 394 | $12.40B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 30, 2025 | 324 | $14.98B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 21, 2024 | 301 | $13.18B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 25, 2024 | 296 | $11.04B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 347 | $10.65B | canonical | SEC ↗ |
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