Ameliora Wealth Management Ltd.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 11, 2024), Ameliora Wealth Management Ltd. reported 163 stock positions worth $239.9 million. Its top holding was iShares Investment Grade SYS (IGEB) at 9.6% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 9.1%) and iShares 5-10Y Inv Grade (IGIB, 7.3%). Compared with Q2 2024, it opened 9 new positions, sold out of 29, added to 30 and reduced 44. The biggest buy was iShares Investment Grade SYS (IGEB, shares +70%) and the biggest sale iShares 1-3 Year Treasury Bo (SHY, shares −92%).

Most Recent 13F
Q2 2026
Location
ZURICH, V8
CIK
0001910168
Portfolio Value
$239.9M (Q3 2024)
SEC Filing
0001910168-24-000004 ↗ filed Oct 11, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $220.6M Q1 2024 Q2 2024: $220.3M Q2 2024 Q3 2024: $239.9M $239.9M Q3 2024 Q4 2024: $266.5M Q4 2024 Q1 2025: $265.8M Q1 2025 Q2 2025: $279.6M Q2 2025 Q3 2025: $300.3M Q3 2025 Q4 2025: $328.3M Q4 2025 Q1 2026: $313.7M Q1 2026 Q2 2026: $336.9M Q2 2026

Holdings 163 stocks · $239.9M
IGEB iShares Investment Grade SYS 9.64% 497,462 $23.1M Add +69.6%
AGG iShares Core U.S. Aggregate 9.08% 214,968 $21.8M Add +46.7%
IGIB iShares 5-10Y Inv Grade Corp. 7.33% 327,470 $17.6M Add +60.9%
SGOL Abrdn Physical Gold Shares 6.36% 607,494 $15.3M Add +22.7%
TMUS T-Mobile US Inc. 5.16% 60,000 $12.4M Reduce -0.7%
IVV iShares Core S&P 500 ETF 5.15% 21,401 $12.3M Add +18.2%
FLRN SS SPDR BB Ig Float RT ETF 4.49% 348,724 $10.8M Reduce -6.6%
IWY iShares Russell Top 200 Grow 3.09% 33,717 $7.4M Reduce -0.8%
AAPL Apple Inc. 2.91% 29,924 $7.0M Reduce -9.1%
MSFT Microsoft Corp. 2.30% 12,798 $5.5M Reduce -5.7%
INDA iShares MSCI India ETF 2.09% 85,846 $5.0M Reduce -0.5%
AVGO Broadcom Inc. 1.93% 26,785 $4.6M Add +2.0%
JPM JPMorgan Chase & Co. 1.89% 21,550 $4.5M Reduce -0.6%
SPY SS SPDR S&P 500 ETF Trust-US 1.87% 7,799 $4.5M Add +10.2%
DBJP Xtrackers MSCI Japan Hedged 1.86% 62,421 $4.5M Reduce -2.1%
WMT Walmart Inc. 1.84% 54,738 $4.4M Reduce -1.6%
GRID First TRST Nasd Class Edg Sgiif 1.76% 33,112 $4.2M Add +3.7%
V Visa Inc. Class A 1.66% 14,507 $4.0M Reduce -2.9%
LLY Eli Lilly & Co. 1.51% 4,099 $3.6M Reduce -10.6%
REGN Regeneron Pharmaceuticals 1.46% 3,340 $3.5M Reduce -0.4%
QQQ Invesco QQQ Trust Series 1 1.45% 7,140 $3.5M Reduce -2.1%
GOOGL Alphabet Inc. Class A 1.34% 19,341 $3.2M Reduce -2.1%
XLE SS Energy Select Sector 1.27% 34,607 $3.0M Add +0.9%
WM Waste Management Inc. 1.21% 13,939 $2.9M Add +1.9%
UNH Unitedhealth Group Inc. 1.20% 4,919 $2.9M Add +0.6%
APO Apollo Global Management Inc. 1.17% 22,390 $2.8M Add +1.9%
NEAR iShares SH Dba ETF Usd Inc. 0.97% 45,287 $2.3M Reduce -57.9%
VGK Vanguard Ftse Europe ETF 0.96% 32,396 $2.3M Add +7.3%
COST Costco Wholesale Corp. 0.90% 2,438 $2.2M Reduce -0.1%
MA Mastercard Inc. Class A 0.86% 4,195 $2.1M No change
GOOG Alphabet Inc. Class C 0.79% 11,330 $1.9M Reduce -20.7%
VOO Vanguard S&P 500 ETF 0.75% 3,430 $1.8M Add +111.1%
EWL iShares MSCI Switzerland ETF 0.71% 32,888 $1.7M Add +1.3%
NVDA Nvidia Corp. 0.66% 13,080 $1.6M Reduce -37.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.65% 13,289 $1.6M Add +3.4%
BIL SS SPDR BB 1-3M T-Bill ETF 0.62% 16,163 $1.5M Reduce -15.6%
AMZN Amazon.com Inc. 0.49% 6,286 $1.2M Reduce -29.3%
AMD Advanced Micro Devices 0.48% 6,972 $1.1M Add +4.7%
ULST SS Ultra Short TM Bond ETF 0.47% 27,767 $1.1M No change
PWR Quanta Services Inc. 0.41% 3,292 $982K Add +2.8%
EAGG iShares ESG Aware US Aggrega 0.36% 18,000 $875K No change
BX Blackstone Inc. 0.32% 4,960 $760K Add +2.1%
MET Metlife Inc. 0.29% 8,548 $705K Add +1.6%
SPGI S&P Global Inc. 0.29% 1,326 $685K Add +6.5%
PANW Palo Alto Networks Inc. 0.28% 1,984 $678K Add +6.2%
HEFA Isha Curr Hedged MSCI Eafe 0.28% 18,811 $666K Reduce -21.0%
RSP Invesco S&P 500 Equal Weight 0.27% 3,573 $640K Reduce -48.8%
FLOT iShares Floating Rate Bond E 0.26% 12,420 $634K No change
SYLD Cambria Shareholder Yield Et 0.26% 8,723 $631K Reduce -31.4%
XOM Exxon Mobil Corp. 0.25% 5,195 $609K Add +5.8%
ADBE Adobe Inc. 0.25% 1,176 $609K Add +4.9%
BA The Boeing Co. 0.25% 4,000 $608K Add +33.3%
LOW Lowe's Cos Inc. 0.25% 2,195 $595K Add +6.1%
CVX Chevron Corp. 0.23% 3,778 $556K Reduce -10.3%
SHY iShares 1-3 Year Treasury Bo 0.20% 5,657 $470K Reduce -92.4%
IGSB iShares 1-5Y Inv Grade Corp. 0.19% 8,488 $447K Reduce -87.6%
NEE Nextera Energy Inc. 0.18% 5,200 $440K Reduce -13.3%
OXY Occidental Petroleum Corp. 0.18% 8,482 $437K Add +5.6%
NKE Nike Inc. Class B 0.17% 4,675 $413K Reduce -1.3%
VYM Vanguard High DVD Yield ETF 0.17% 3,119 $400K No change
HD Home Depot Inc. 0.17% 986 $400K No change
VCIT Vanguard Int-Term Corporate 0.17% 4,727 $396K New
TMO Thermo Fisher Scientific Inc. 0.15% 584 $361K Add +9.6%
GPK Graphic Packaging Holding Co. 0.15% 11,997 $355K Reduce -30.9%
MOAT Vaneck Morningstar Wide Moat 0.13% 3,250 $315K No change
USB US Bancorp 0.13% 6,840 $313K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.12% 1,750 $293K No change
J Jacobs Solutions Inc. 0.12% 2,224 $291K Reduce -26.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.12% 3,000 $289K No change
WFC Wells Fargo & Co. 0.12% 5,000 $282K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.12% 1,400 $281K No change
META Meta Platforms Inc. Class A 0.12% 485 $278K Reduce -29.2%
PEP Pepsico Inc. 0.11% 1,614 $274K Reduce -11.8%
UBER Uber Technologies Inc. 0.11% 3,500 $263K No change
TSM Taiwan Semiconductor-SP ADR 0.10% 1,450 $252K Reduce -17.4%
DELL Dell Technologies -C 0.10% 2,100 $249K Add +5.0%
VWO Vanguard Ftse Emerging Marke 0.10% 5,000 $239K No change
EWJ iShares MSCI Japan ETF 0.09% 3,000 $215K No change
GLD SPDR Gold Shares 0.09% 871 $212K Reduce -1.5%
YLDE Franklin Clearbridge Enhance 0.08% 4,017 $202K No change
DSTL Distillate US Fundamental St 0.08% 3,532 $200K Reduce -73.9%
SHEL Shell PLC-ADR 0.08% 3,000 $198K No change
ABBV Abbvie Inc. 0.08% 1,000 $197K Reduce -41.2%
CRWD CrowdStrike Holdings Inc. Class A 0.08% 700 $196K No change
CAT Caterpillar Inc. 0.08% 500 $196K No change
MAA Mid-America Apartment Comm 0.08% 1,200 $191K No change
TWST Twist Bioscience Corp. 0.07% 3,800 $172K No change
DLR Digital Realty Trust Inc. 0.07% 1,050 $170K No change
BRK.B Berkshire Hathaway Inc. Class B 0.07% 360 $166K Reduce -35.7%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.07% 2,000 $161K No change
MU Micron Technology Inc. 0.06% 1,426 $148K No change
TDY Teledyne Technologies Inc. 0.06% 310 $136K No change
PG The Procter & Gamble Co. 0.05% 760 $132K No change
BOX Box Inc. Class A 0.05% 4,000 $131K No change
RIO Rio Tinto PLC-Spon ADR 0.05% 1,800 $128K No change
TTEK Tetra Tech Inc. 0.05% 2,460 $116K No change
RH RH 0.05% 330 $110K New
BND Vanguard Total Bond Market 0.05% 1,443 $108K No change
BKNG Booking Holdings Inc. 0.04% 25 $105K New
EEM iShares MSCI Emerging Market 0.04% 2,256 $103K Reduce -23.7%
VT Vanguard Tot World STK ETF 0.04% 800 $96K No change
VZ Verizon Communications Inc. 0.04% 2,000 $90K No change
MCK McKesson Corp. 0.04% 170 $84K New
ASML ASML Holding NV-NY Reg SHS 0.03% 100 $83K No change
T AT&T Inc. 0.03% 3,308 $73K No change
C Citigroup Inc. 0.03% 1,090 $68K No change
MS Morgan Stanley 0.03% 652 $68K No change
NVO Novo-Nordisk A/S-Spons ADR 0.02% 500 $60K No change
GE General Electric filed as GE AEROSPACE 0.02% 312 $59K No change
ACM Aecom 0.02% 561 $58K No change
FEZ State Street SPDR Euro Stoxx 0.02% 930 $50K No change
VALE Vale SA-SP ADR 0.02% 4,000 $47K No change
TSLA Tesla Inc. 0.02% 175 $46K Reduce -83.9%
AWK American Water Works Co. Inc. 0.02% 297 $43K No change
HON Honeywell International Inc. 0.02% 191 $39K No change
NFLX Netflix Inc. 0.01% 50 $35K No change
RA Brookfield Real Assets Incom 0.01% 2,380 $33K No change
USSG Xtrackers MSCI USA Sele Eqty 0.01% 576 $31K No change
HLI Houlihan Lokey Inc. 0.01% 169 $27K No change
CTVA Corteva Inc. 0.01% 450 $26K No change
FPE FT-Preferred Secur & Inc. ETF 0.01% 1,431 $26K Add +93.1%
SEDG Solaredge Technologies Inc. 0.01% 1,100 $25K No change
BHP BHP Group Ltd.-Spon ADR 0.01% 380 $24K No change
EMB iShares JP Morgan Usd Emergi 0.01% 250 $23K Reduce -76.8%
RS Reliance Inc. 0.01% 75 $22K New
GEV GE Vernova Inc. 0.01% 78 $20K No change
ISRG Intuitive Surgical Inc. 0.01% 36 $18K No change
CMDY iShares Bloomberg Roll Selec 0.01% 352 $18K No change
HCA HCA Healthcare Inc. 0.01% 40 $16K Reduce -61.9%
WPC WP Carey Inc. 0.01% 230 $14K No change
FALN iShares Fallen Angels ETF 0.01% 506 $14K No change
SRLN SS Blackstone Sr Loan ETF 0.01% 327 $14K No change
O Realty Income Corp. 0.01% 188 $12K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.01% 100 $12K No change
VAW Vanguard Materials ETF 0.00% 51 $11K No change
DKNG Draftkings Inc. Class A 0.00% 250 $10K No change
GEHC GE Healthcare Technology 0.00% 104 $10K No change
PDBC Invesco Optimum Yield Divers 0.00% 698 $9K No change
RLX RLX Technology Inc.-ADR 0.00% 4,890 $9K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 207 $8K No change
MCHP Microchip Technology Inc. 0.00% 100 $8K No change
GRN Ipath Series B Carbon ETN filed as BARCLAYS BANK PLC 0.00% 309 $8K No change
BABA Alibaba Group Holding-SP ADR 0.00% 75 $8K No change
AKBA Akebia Therapeutics Inc. 0.00% 5,615 $7K No change
AOS Smith (a.o.) Corp. 0.00% 80 $7K No change
XYZ Block Inc. 0.00% 100 $7K New
WBD Warner Bros Discovery Inc. 0.00% 725 $6K No change
SAM Boston Beer Company Inc. Class A 0.00% 20 $6K No change
DUK Duke Energy Corp. 0.00% 50 $6K Reduce -85.7%
PRU Prudential Financial Inc. 0.00% 40 $5K Reduce -95.2%
PTON Peloton Interactive Inc. Class A 0.00% 1,000 $5K No change
ARCT Arcturus Therapeutics Holdin 0.00% 150 $3K No change
AMTM Amentum Holdings Inc. 0.00% 90 $3K Reduce -97.0%
XBXMX Nuveen S&P 500 Buy-WR Inc. 0.00% 200 $3K No change
CMTL Comtech Telecommunications 0.00% 500 $2K No change
MPT Medical Properties Trust Inc. 0.00% 400 $2K No change
EDIT Editas Medicine Inc. 0.00% 500 $2K No change
REMX Vaneck Rar Earth ND STG-Usdi 0.00% 30 $1K No change
NVG Nuveen Amt-FR Muni CRDT 0.00% 100 $1K No change
LUXE Luxexperience BV filed as MYT NETHERLANDS PARENT B V 0.00% 300 $1K New
NLOP Net Lease Office Property 0.00% 15 $459 No change
DTIL Precision Biosciences Inc. 0.00% 33 $296 No change
OTLY Oatly Group AB 0.00% 150 $128 New

Portfolio Sells Q2 2024 → Q3 2024
SHY iShares 1-3 Year Treasury Bo Reduce -92.4% 0.20% −2.55
NEAR iShares SH Dba ETF Usd Inc. Reduce -57.9% 0.97% −1.49
IGSB iShares 1-5Y Inv Grade Corp. Reduce -87.6% 0.19% −1.40
FLRN SS SPDR BB Ig Float RT ETF Reduce -6.6% 4.49% −0.74
NVDA Nvidia Corp. Reduce -37.2% 0.66% −0.51
MSFT Microsoft Corp. Reduce -5.7% 2.30% −0.46
GOOG Alphabet Inc. Class C Reduce -20.7% 0.79% −0.40
LLY Eli Lilly & Co. Reduce -10.6% 1.51% −0.37
DBJP Xtrackers MSCI Japan Hedged Reduce -2.1% 1.86% −0.33
GOOGL Alphabet Inc. Class A Reduce -2.1% 1.34% −0.30
AMZN Amazon.com Inc. Reduce -29.3% 0.49% −0.29
RSP Invesco S&P 500 Equal Weight Reduce -48.8% 0.27% −0.25
AAPL Apple Inc. Reduce -9.1% 2.91% −0.24
DSTL Distillate US Fundamental St Reduce -73.9% 0.08% −0.23
IWY iShares Russell Top 200 Grow Reduce -0.8% 3.09% −0.21
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -15.6% 0.62% −0.18
REGN Regeneron Pharmaceuticals Reduce -0.4% 1.46% −0.14
QQQ Invesco QQQ Trust Series 1 Reduce -2.1% 1.45% −0.13
SYLD Cambria Shareholder Yield Et Reduce -31.4% 0.26% −0.13
V Visa Inc. Class A Reduce -2.9% 1.66% −0.12
HEFA Isha Curr Hedged MSCI Eafe Reduce -21.0% 0.28% −0.11
JPM JPMorgan Chase & Co. Reduce -0.6% 1.89% −0.10
USMV iShares MSCI USA Min Vol Fac Sold out 0.00% −0.10
INDA iShares MSCI India ETF Reduce -0.5% 2.09% −0.09
TSLA Tesla Inc. Reduce -83.9% 0.02% −0.08
SPIP SS SPDR P Tips ETF Sold out 0.00% −0.07
J Jacobs Solutions Inc. Reduce -26.5% 0.12% −0.07
CVX Chevron Corp. Reduce -10.3% 0.23% −0.07
GPK Graphic Packaging Holding Co. Reduce -30.9% 0.15% −0.06
ALB Albemarle Corp. Sold out 0.00% −0.06
ABBV Abbvie Inc. Reduce -41.2% 0.08% −0.05
SMH Vaneck Semiconductor ETF Sold out 0.00% −0.05
QCOM Qualcomm Inc. Sold out 0.00% −0.05
XLI SS Industrial Select Sector Sold out 0.00% −0.04
AMTM Amentum Holdings Inc. Reduce -97.0% 0.00% −0.04
PRU Prudential Financial Inc. Reduce -95.2% 0.00% −0.04
IVE iShares S&P 500 Value ETF Sold out 0.00% −0.04
META Meta Platforms Inc. Class A Reduce -29.2% 0.12% −0.04
COST Costco Wholesale Corp. Reduce -0.1% 0.90% −0.04
ITB iShares U.S. Home Constructi Sold out 0.00% −0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -35.7% 0.07% −0.03
EMB iShares JP Morgan Usd Emergi Reduce -76.8% 0.01% −0.03
TSM Taiwan Semiconductor-SP ADR Reduce -17.4% 0.10% −0.03
SPG Simon Property Group Inc. Sold out 0.00% −0.03
CEMB iShares JP Morgan Em Corpora Sold out 0.00% −0.02
PEP Pepsico Inc. Reduce -11.8% 0.11% −0.02
IBB iShares Biotechnology ETF Sold out 0.00% −0.02
RTX RTX Corp. Sold out 0.00% −0.02
GHYG iShares Us&intl High Yield C Sold out 0.00% −0.02
IPO Renaissance Ipo ETF Sold out 0.00% −0.02

Portfolio Buys Q2 2024 → Q3 2024
IGEB iShares Investment Grade SYS Add +69.6% 9.64% +3.73
AGG iShares Core U.S. Aggregate Add +46.7% 9.08% +2.62
IGIB iShares 5-10Y Inv Grade Corp. Add +60.9% 7.33% +2.60
SGOL Abrdn Physical Gold Shares Add +22.7% 6.36% +1.37
IVV iShares Core S&P 500 ETF Add +18.2% 5.15% +0.65
VOO Vanguard S&P 500 ETF Add +111.1% 0.75% +0.39
VCIT Vanguard Int-Term Corporate New 0.17% +0.17
SPY SS SPDR S&P 500 ETF Trust-US Add +10.2% 1.87% +0.12
GRID First TRST Nasd Class Edg Sgiif Add +3.7% 1.76% +0.08
UNH Unitedhealth Group Inc. Add +0.6% 1.20% +0.07
RH RH New 0.05% +0.05
VGK Vanguard Ftse Europe ETF Add +7.3% 0.96% +0.05
BKNG Booking Holdings Inc. New 0.04% +0.04
BX Blackstone Inc. Add +2.1% 0.32% +0.04
LOW Lowe's Cos Inc. Add +6.1% 0.25% +0.04
PWR Quanta Services Inc. Add +2.8% 0.41% +0.04
MCK McKesson Corp. New 0.04% +0.04
SPGI S&P Global Inc. Add +6.5% 0.29% +0.03
MET Metlife Inc. Add +1.6% 0.29% +0.03
TMO Thermo Fisher Scientific Inc. Add +9.6% 0.15% +0.02
AVGO Broadcom Inc. Add +2.0% 1.93% +0.01
RS Reliance Inc. New 0.01% +0.01
TJX TJX Companies Inc. Add +3.4% 0.65% +0.01
BA The Boeing Co. Add +33.3% 0.25% +0.01
FPE FT-Preferred Secur & Inc. ETF Add +93.1% 0.01% +0.01
EWL iShares MSCI Switzerland ETF Add +1.3% 0.71% +0.00
RLX RLX Technology Inc.-ADR New 0.00% +0.00
XYZ Block Inc. New 0.00% +0.00
LUXE Luxexperience BV New 0.00% +0.00
OTLY Oatly Group AB New 0.00% +0.00
XOM Exxon Mobil Corp. Add +5.8% 0.25% −0.00
PANW Palo Alto Networks Inc. Add +6.2% 0.28% −0.00
APO Apollo Global Management Inc. Add +1.9% 1.17% −0.01
AMD Advanced Micro Devices Add +4.7% 0.48% −0.01
DELL Dell Technologies -C Add +5.0% 0.10% −0.02
ADBE Adobe Inc. Add +4.9% 0.25% −0.03
OXY Occidental Petroleum Corp. Add +5.6% 0.18% −0.05
WM Waste Management Inc. Add +1.9% 1.21% −0.12
XLE SS Energy Select Sector Add +0.9% 1.27% −0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 228$336.9MIGIB, IVV, IGSB, FLRN, IGEB
Q1 2026 231$313.7MIGIB, IGSB, FLRN, IVV, SGOL
Q4 2025 226$328.3MIGEB, SGOL, IVV, IGIB, FLRN
Q3 2025 220$300.3MIGEB, IVV, FLRN, SGOL, IGIB
Q2 2025 213$279.6MIGEB, FLRN, IGIB, AGG, SGOL
Q1 2025 237$265.8MIGEB, AGG, FLRN, IGIB, TMUS
Q4 2024 237$266.5MIGEB, AGG, IGIB, TMUS, FLRN
Q3 2024 163$239.9MIGEB, AGG, IGIB, SGOL, TMUS
Q2 2024 182$220.3MAGG, IGEB, FLRN, SGOL, TMUS
Q1 2024 195$220.6MAGG, IGEB, FLRN, SGOL, IGIB