Ameliora Wealth Management Ltd.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 28, 2025), Ameliora Wealth Management Ltd. reported 237 stock positions worth $266.5 million. Its top holding was iShares Investment Grade SYS (IGEB) at 8.3% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 7.8%) and iShares 5-10Y Inv Grade (IGIB, 6.3%). Compared with Q3 2024, it opened 82 new positions, sold out of 8, added to 45 and reduced 23. The biggest buy was Nvidia (NVDA, shares +227%) and the biggest sale Abrdn Physical Gold Shares (SGOL, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- ZURICH, V8
- CIK
- 0001910168
- Portfolio Value
- $266.5M (Q4 2024)
- SEC Filing
- 0001910168-25-000001 ↗ filed Jan 28, 2025
Holdings Value
Holdings 237 stocks · $266.5M
| IGEB iShares Investment Grade SYS | 8.29% | 497,995 | $22.1M | Add +0.1% |
| AGG iShares Core U.S. Aggregate | 7.84% | 215,660 | $20.9M | Add +0.3% |
| IGIB iShares 5-10Y Inv Grade Corp. | 6.32% | 327,205 | $16.9M | Reduce -0.1% |
| TMUS T-Mobile US Inc. | 4.97% | 60,000 | $13.2M | No change |
| FLRN SS SPDR BB Ig Float RT ETF | 4.26% | 369,453 | $11.4M | Add +5.9% |
| SGOL Abrdn Physical Gold Shares | 3.99% | 424,986 | $10.6M | Reduce -30.0% |
| IVV iShares Core S&P 500 ETF | 3.94% | 17,816 | $10.5M | Reduce -16.8% |
| AAPL Apple Inc. | 3.27% | 34,768 | $8.7M | Add +16.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.23% | 14,698 | $8.6M | Add +88.5% |
| IWY iShares Russell Top 200 Grow | 2.89% | 32,721 | $7.7M | Reduce -3.0% |
| QQQ Invesco QQQ Trust Series 1 | 2.84% | 14,800 | $7.6M | Add +107.3% |
| AVGO Broadcom Inc. | 2.74% | 31,465 | $7.3M | Add +17.5% |
| MSFT Microsoft Corp. | 2.20% | 13,885 | $5.9M | Add +8.5% |
| NVDA Nvidia Corp. | 2.16% | 42,826 | $5.8M | Add +227.4% |
| JPM JPMorgan Chase & Co. | 2.07% | 23,021 | $5.5M | Add +6.8% |
| INDA iShares MSCI India ETF | 1.99% | 100,425 | $5.3M | Add +17.0% |
| WMT Walmart Inc. | 1.87% | 55,298 | $5.0M | Add +1.0% |
| V Visa Inc. Class A | 1.66% | 13,985 | $4.4M | Reduce -3.6% |
| DBJP Xtrackers MSCI Japan Hedged | 1.63% | 57,238 | $4.3M | Reduce -8.3% |
| GOOGL Alphabet Inc. Class A | 1.49% | 20,908 | $4.0M | Add +8.1% |
| GRID First TRST Nasd Class Edg Sgiif | 1.43% | 32,037 | $3.8M | Reduce -3.3% |
| APO Apollo Global Management Inc. | 1.40% | 22,611 | $3.7M | Add +1.0% |
| LLY Eli Lilly & Co. | 1.32% | 4,552 | $3.5M | Add +11.1% |
| XLE SS Energy Select Sector | 1.06% | 33,047 | $2.8M | Reduce -4.5% |
| WM Waste Management Inc. | 1.06% | 14,017 | $2.8M | Add +0.6% |
| UNH Unitedhealth Group Inc. | 0.93% | 4,919 | $2.5M | No change |
| REGN Regeneron Pharmaceuticals | 0.87% | 3,241 | $2.3M | Reduce -3.0% |
| C Citigroup Inc. | 0.86% | 32,590 | $2.3M | Add +2889.9% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.86% | 45,287 | $2.3M | No change |
| MA Mastercard Inc. Class A | 0.83% | 4,215 | $2.2M | Add +0.5% |
| COST Costco Wholesale Corp. | 0.82% | 2,386 | $2.2M | Reduce -2.1% |
| GOOG Alphabet Inc. Class C | 0.78% | 10,952 | $2.1M | Reduce -3.3% |
| AMZN Amazon.com Inc. | 0.76% | 9,175 | $2.0M | Add +46.0% |
| VGK Vanguard Ftse Europe ETF | 0.74% | 30,948 | $2.0M | Reduce -4.5% |
| VOO Vanguard S&P 500 ETF | 0.62% | 3,065 | $1.7M | Reduce -10.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.61% | 13,357 | $1.6M | Add +0.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.55% | 16,163 | $1.5M | No change |
| PANW Palo Alto Networks Inc. | 0.50% | 7,338 | $1.3M | Add +84.9% |
| EWL iShares MSCI Switzerland ETF | 0.48% | 27,828 | $1.3M | Reduce -15.4% |
| IJH iShares Core S&P Midcap ETF | 0.47% | 20,292 | $1.3M | New |
| ULST SS Ultra Short TM Bond ETF | 0.42% | 27,767 | $1.1M | No change |
| IYC iShares US Consumer Discreti | 0.40% | 11,000 | $1.1M | New |
| PWR Quanta Services Inc. | 0.39% | 3,292 | $1.0M | No change |
| META Meta Platforms Inc. Class A | 0.34% | 1,549 | $907K | Add +219.4% |
| AMD Advanced Micro Devices | 0.33% | 7,279 | $879K | Add +4.4% |
| BX Blackstone Inc. | 0.32% | 4,960 | $855K | No change |
| EAGG iShares ESG Aware US Aggrega | 0.31% | 18,000 | $836K | No change |
| RIO Rio Tinto PLC-Spon ADR | 0.27% | 12,010 | $706K | Add +567.2% |
| MET Metlife Inc. | 0.26% | 8,597 | $704K | Add +0.6% |
| BA The Boeing Co. | 0.25% | 3,750 | $664K | Reduce -6.3% |
| SPGI S&P Global Inc. | 0.25% | 1,326 | $660K | No change |
| FLOT iShares Floating Rate Bond E | 0.24% | 12,420 | $632K | No change |
| IAU iShares Gold Trust | 0.23% | 12,500 | $619K | New |
| ITA iShares U.S. Aerospace & Def | 0.23% | 4,215 | $613K | New |
| RSP Invesco S&P 500 Equal Weight | 0.23% | 3,443 | $603K | Reduce -3.6% |
| SYLD Cambria Shareholder Yield Et | 0.22% | 8,723 | $597K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 1,310 | $594K | Add +263.9% |
| OEF iShares S&P 100 ETF | 0.22% | 2,053 | $593K | New |
| XOM Exxon Mobil Corp. | 0.21% | 5,195 | $559K | No change |
| CVX Chevron Corp. | 0.21% | 3,778 | $547K | No change |
| LOW Lowe's Cos Inc. | 0.20% | 2,195 | $542K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.20% | 4,800 | $534K | Add +60.0% |
| HZO Marinemax Inc. | 0.19% | 17,600 | $510K | New |
| XLF SS Financial Select Sector | 0.18% | 10,000 | $483K | New |
| NFLX Netflix Inc. | 0.18% | 525 | $468K | Add +950.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.17% | 5,657 | $464K | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.16% | 8,488 | $439K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.15% | 2,050 | $405K | Add +41.4% |
| VYM Vanguard High DVD Yield ETF | 0.15% | 3,119 | $398K | No change |
| EWJ iShares MSCI Japan ETF | 0.15% | 5,900 | $396K | Add +96.7% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.15% | 11,311 | $393K | Reduce -39.9% |
| TQQQ Proshares Ultrapro QQQ | 0.15% | 4,939 | $391K | New |
| HD Home Depot Inc. | 0.14% | 986 | $384K | No change |
| VCIT Vanguard Int-Term Corporate | 0.14% | 4,727 | $379K | No change |
| NEE Nextera Energy Inc. | 0.14% | 5,200 | $373K | No change |
| WFC Wells Fargo & Co. | 0.13% | 5,000 | $351K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 7,892 | $347K | Add +3712.6% |
| USB US Bancorp | 0.12% | 6,840 | $327K | No change |
| GPK Graphic Packaging Holding Co. | 0.12% | 11,997 | $326K | No change |
| MELI MercadoLibre Inc. | 0.12% | 184 | $313K | New |
| MOAT Vaneck Morningstar Wide Moat | 0.11% | 3,250 | $301K | No change |
| HACK Amplify Cybersecurity ETF | 0.11% | 4,000 | $298K | New |
| J Jacobs Solutions Inc. | 0.11% | 2,224 | $297K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.11% | 1,750 | $283K | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.10% | 1,400 | $277K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.10% | 524 | $273K | Reduce -10.3% |
| FTNT Fortinet Inc. | 0.10% | 2,810 | $265K | New |
| GE General Electric filed as GE AEROSPACE | 0.10% | 1,562 | $261K | Add +400.6% |
| TSLA Tesla Inc. | 0.10% | 645 | $260K | Add +268.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.10% | 750 | $257K | Add +7.1% |
| PEP Pepsico Inc. | 0.09% | 1,614 | $245K | No change |
| PG The Procter & Gamble Co. | 0.09% | 1,460 | $245K | Add +92.1% |
| DELL Dell Technologies -C | 0.09% | 2,000 | $230K | Reduce -4.8% |
| GLD SPDR Gold Shares | 0.08% | 917 | $222K | Add +5.3% |
| VWO Vanguard Ftse Emerging Marke | 0.08% | 5,000 | $220K | No change |
| CAT Caterpillar Inc. | 0.08% | 565 | $205K | Add +13.0% |
| YLDE Franklin Clearbridge Enhance | 0.08% | 4,017 | $204K | No change |
| DSTL Distillate US Fundamental St | 0.07% | 3,532 | $194K | No change |
| ZS Zscaler Inc. | 0.07% | 1,053 | $190K | New |
| SHEL Shell PLC-ADR | 0.07% | 3,000 | $188K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $386 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 14 | $386 | New |
Total filed on the 13F, all lines: $266.5M.
Portfolio Sells Q3 2024 → Q4 2024
| SGOL Abrdn Physical Gold Shares | Reduce -30.0% | 3.99% | −2.37 |
| IVV iShares Core S&P 500 ETF | Reduce -16.8% | 3.94% | −1.21 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -0.1% | 6.32% | −1.01 |
| REGN Regeneron Pharmaceuticals | Reduce -3.0% | 0.87% | −0.60 |
| GRID First TRST Nasd Class Edg Sgiif | Reduce -3.3% | 1.43% | −0.32 |
| EWL iShares MSCI Switzerland ETF | Reduce -15.4% | 0.48% | −0.23 |
| DBJP Xtrackers MSCI Japan Hedged | Reduce -8.3% | 1.63% | −0.23 |
| VGK Vanguard Ftse Europe ETF | Reduce -4.5% | 0.74% | −0.22 |
| IWY iShares Russell Top 200 Grow | Reduce -3.0% | 2.89% | −0.20 |
| XLE SS Energy Select Sector | Reduce -4.5% | 1.06% | −0.20 |
| ADBE Adobe Inc. | Reduce -72.6% | 0.05% | −0.20 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.18 |
| NKE Nike Inc. Class B | Reduce -98.5% | 0.00% | −0.17 |
| VOO Vanguard S&P 500 ETF | Reduce -10.6% | 0.62% | −0.13 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -39.9% | 0.15% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -2.1% | 0.82% | −0.08 |
| TMO Thermo Fisher Scientific Inc. | Reduce -10.3% | 0.10% | −0.05 |
| UBER Uber Technologies Inc. | Reduce -14.3% | 0.07% | −0.04 |
| RSP Invesco S&P 500 Equal Weight | Reduce -3.6% | 0.23% | −0.04 |
| DELL Dell Technologies -C | Reduce -4.8% | 0.09% | −0.02 |
| BHP BHP Group Ltd.-Spon ADR | Sold out | 0.00% | −0.01 |
| RS Reliance Inc. | Sold out | 0.00% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -3.3% | 0.78% | −0.01 |
| BA The Boeing Co. | Reduce -6.3% | 0.25% | −0.00 |
| V Visa Inc. Class A | Reduce -3.6% | 1.66% | −0.00 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.00 |
| AOS Smith (a.o.) Corp. | Sold out | 0.00% | −0.00 |
| CMDY iShares Bloomberg Roll Selec | Reduce -2.8% | 0.01% | −0.00 |
| MPT Medical Properties Trust Inc. | Sold out | 0.00% | −0.00 |
| REMX Vaneck Rar Earth ND STG-Usdi | Sold out | 0.00% | −0.00 |
| NLOP Net Lease Office Property | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | Add +227.4% | 2.16% | +1.50 |
| QQQ Invesco QQQ Trust Series 1 | Add +107.3% | 2.84% | +1.39 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +88.5% | 3.23% | +1.37 |
| C Citigroup Inc. | Add +2889.9% | 0.86% | +0.83 |
| AVGO Broadcom Inc. | Add +17.5% | 2.74% | +0.81 |
| IJH iShares Core S&P Midcap ETF | New | 0.47% | +0.47 |
| IYC iShares US Consumer Discreti | New | 0.40% | +0.40 |
| AAPL Apple Inc. | Add +16.2% | 3.27% | +0.36 |
| AMZN Amazon.com Inc. | Add +46.0% | 0.76% | +0.27 |
| APO Apollo Global Management Inc. | Add +1.0% | 1.40% | +0.24 |
| IAU iShares Gold Trust | New | 0.23% | +0.23 |
| ITA iShares U.S. Aerospace & Def | New | 0.23% | +0.23 |
| META Meta Platforms Inc. Class A | Add +219.4% | 0.34% | +0.22 |
| OEF iShares S&P 100 ETF | New | 0.22% | +0.22 |
| PANW Palo Alto Networks Inc. | Add +84.9% | 0.50% | +0.22 |
| RIO Rio Tinto PLC-Spon ADR | Add +567.2% | 0.27% | +0.21 |
| HZO Marinemax Inc. | New | 0.19% | +0.19 |
| XLF SS Financial Select Sector | New | 0.18% | +0.18 |
| JPM JPMorgan Chase & Co. | Add +6.8% | 2.07% | +0.18 |
| NFLX Netflix Inc. | Add +950.0% | 0.18% | +0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +263.9% | 0.22% | +0.15 |
| GOOGL Alphabet Inc. Class A | Add +8.1% | 1.49% | +0.15 |
| TQQQ Proshares Ultrapro QQQ | New | 0.15% | +0.15 |
| BAC Bank of America Corp. | Add +3712.6% | 0.13% | +0.13 |
| MELI MercadoLibre Inc. | New | 0.12% | +0.12 |
| HACK Amplify Cybersecurity ETF | New | 0.11% | +0.11 |
| FTNT Fortinet Inc. | New | 0.10% | +0.10 |
| DIS The Walt Disney Co. | Add +60.0% | 0.20% | +0.08 |
| TSLA Tesla Inc. | Add +268.6% | 0.10% | +0.08 |
| GE General Electric | Add +400.6% | 0.10% | +0.07 |
| ZS Zscaler Inc. | New | 0.07% | +0.07 |
| QCOM Qualcomm Inc. | New | 0.07% | +0.07 |
| NOW ServiceNow Inc. | New | 0.07% | +0.07 |
| DDOG Datadog Inc. Class A | New | 0.06% | +0.06 |
| ECL Ecolab Inc. | New | 0.06% | +0.06 |
| PAVE Global X US Infrastructure | New | 0.06% | +0.06 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 0.06% | +0.06 |
| EWJ iShares MSCI Japan ETF | Add +96.7% | 0.15% | +0.06 |
| INTC Intel Corp. | New | 0.05% | +0.05 |
| NET Cloudflare Inc. Class A | New | 0.05% | +0.05 |
| PYPL PayPal Holdings Inc. | New | 0.05% | +0.05 |
| EWZ iShares MSCI Brazil ETF | New | 0.05% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +41.4% | 0.15% | +0.05 |
| XYZ Block Inc. | Add +1425.0% | 0.05% | +0.05 |
| FEZ State Street SPDR Euro Stoxx | Add +268.8% | 0.06% | +0.04 |
| EA Electronic Arts Inc. | New | 0.04% | +0.04 |
| LPLA LPL Financial Holdings Inc. | New | 0.04% | +0.04 |
| KO The Coca-Cola Co. | New | 0.04% | +0.04 |
| GEV GE Vernova Inc. | Add +400.0% | 0.05% | +0.04 |
| SNOW Snowflake Inc. | New | 0.04% | +0.04 |
Notes & Other Activity Q3 2024 → Q4 2024
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 14 | $386 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 228 | $336.9M | IGIB, IVV, IGSB, FLRN, IGEB |
| Q1 2026 | 231 | $313.7M | IGIB, IGSB, FLRN, IVV, SGOL |
| Q4 2025 | 226 | $328.3M | IGEB, SGOL, IVV, IGIB, FLRN |
| Q3 2025 | 220 | $300.3M | IGEB, IVV, FLRN, SGOL, IGIB |
| Q2 2025 | 213 | $279.6M | IGEB, FLRN, IGIB, AGG, SGOL |
| Q1 2025 | 237 | $265.8M | IGEB, AGG, FLRN, IGIB, TMUS |
| Q4 2024 | 237 | $266.5M | IGEB, AGG, IGIB, TMUS, FLRN |
| Q3 2024 | 163 | $239.9M | IGEB, AGG, IGIB, SGOL, TMUS |
| Q2 2024 | 182 | $220.3M | AGG, IGEB, FLRN, SGOL, TMUS |
| Q1 2024 | 195 | $220.6M | AGG, IGEB, FLRN, SGOL, IGIB |