DOSSIER · 13F-HR · Q3 2026

Pictet North America Advisors SA

$1.2B in tracked AUM across 189 positions as of Q3 2026.

PN
CIK 0001599576 · last filed Sep 30, 2026
Total AUM
$1.2B
as of Q3 2026
Holdings
189
—
positions
Whale Score
61
61
tracked
Activity
—
no data
changes this Q
AI Analysis · Q3 2026
Comprehensive Analysis of Pictet North America Advisors SA SEC 13F Filing
Portfolio Overview

Pictet North America Advisors SA reported a significant expansion in its portfolio management activity for the period ending December 31, 2025. The total portfolio value surged by 64.2%, rising from $641.69 million to $1.05 billion. This substantial increase in Assets Under Management (AUM) suggests either strong capital inflows from investors or significant appreciation in underlying a...

Key Holdings

The portfolio is characterized by a high-conviction top tier, with the top 10 positions accounting for approximately 40% of total assets.

  • Burford Capital Ltd (BURF) is the dominant holding, comprising 6.50% of the portfolio ($68.51M). This indicates a strong appetite for alternative assets and litigation finance, a specialized area where Pictet has historically demonstrated expertise.
  • SPDR Gold Trust (GLD) represents 5.78% ($60.85M), suggesting a defensive posture or a hedge against inflation and currency devaluation.
  • Taiwan Semiconductor Manufacturing Ltd (TSM) is a new and major position at 5.25% ($55.33M), reflecting a bet on the semiconductor supply chain and AI infrastructure.
  • Tech Giants: The portfolio holds significant positions in Alphabet (4.10%), Microsoft (3.84%), Amazon (3.02%), Meta (2.07%), and Apple (1.52%). Collectively, these represent a heavy tilt toward large-cap US technology growth.
  • Sony Group Corp (3.74%) stands out as a notable non-US holding, likely providing exposure to both entertainment and semiconductor sectors.
Sector Allocation

While the raw data reports a majority "Unknown" sector allocation due to aggregation issues, an analysis of the individual top 50 holdings reveals distinct thematic tilts:

Analysis generated by 13F Insight from SEC Form 13F filing data · Q3 2026. Methodology

Quarter at a glance — Q3 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q3 2026.

#HoldingValueSharesWeight
01
TSM
TAIWAN SEMICONDUCTOR MANUFAC
$83M181K6.9%
02
GLD
SPDR GOLD TR
$54M143K4.5%
03
MSFT
MICROSOFT CORP
$53M103K4.4%
04
GOOGL
ALPHABET INC
$46M133K3.8%
05
SONY
SONY GROUP CORP
$40M1.7M3.4%
06
AMZN
AMAZON COM INC
$39M158K3.3%
07
PYLD
PIMCO ETF TR
$33M1.3M2.8%
08
G0593M107
ASTRAZENECA PLC
$31M192K2.6%
09
G17977110
BURFORD CAPITAL LIMITED
$30M7.6M2.5%
10
YUMC
YUM CHINA HLDGS INC
$28M694K2.4%

Filing history

2026Q3Sep 30
$1.2B▲ 5.1%
189 positionsView →
2026Q2Jun 30
$1.1B▲ 12.7%
154 positionsView →
2026Q1Mar 31
$1.0B▼ 4.4%
154 positionsView →
2025Q4Dec 31
$1.1B▼ 1.4%
152 positionsView →
2025Q3Sep 30
$1.1B▲ 7.2%
144 positionsLocked
2025Q2Jun 30
$996M▼ 0.4%
144 positionsLocked
2025Q1Mar 31
$1.0B▼ 4.9%
140 positionsLocked
2024Q4Dec 31
$1.1B▲ 4.1%
146 positionsLocked
2024Q3Sep 30
$1.0B▲ 9.7%
142 positionsLocked
2024Q2Jun 30
$921M▲ 2.8%
139 positionsLocked
2024Q1Mar 31
$896M▲ 15.7%
141 positionsLocked
2023Q4Dec 31
$774M▲ 9.9%
128 positionsLocked
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