Pictet Asset Management Holding SA
$104.7B in tracked AUM across 2,143 positions as of Q2 2026.
Pictet Asset Management reported $94.8B in 13F holdings across 2,102 positions as of Q1 2026, with a distinctly Technology-forward posture: Nvidia at 4.7% of the book, Microsoft at 2.6%, Alphabet at 2.5%, Broadcom at 2.5%, and Apple at 2.4% together represent roughly $12.1B of the portfolio's top five names alone. The manager initiated 9 new positions this quarter while closing 9 others, reflecting a net-neutral count movement but active reallocation within that envelope. Notable additions include Intuitive Surgical (ISRG), Arista Networks (ANET), Autodesk (ADSK), and American Express (AXP) — four names that span healthcare technology, networking infrastructure, engineering software, and financial services, suggesting a thematic preference for high-barrier, recurring-revenue businesses with durable pricing power. The exit list includes Atlassian (TEAM), Waste Connections (WCN), Workday (WDAY), and Waste Management (WM) — positions that collectively were rotated out of in favor of names with higher expected secular growth rates. Across 18 increases and 22 decreases, Pictet is actively pruning lower-conviction lines to concentrate in its highest-conviction secular-growth themes — a posture consistent with a global allocator deploying around AI infrastructure and software-enablement supply chains at current valuations.
Quarter at a glance — Q2 2026
Position-change comparison pending.
Top 10 holdings
By portfolio weight as of Q2 2026.