Ameliora Wealth Management Ltd.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), Ameliora Wealth Management Ltd. reported 213 stock positions worth $279.6 million. Its top holding was iShares Investment Grade SYS (IGEB) at 8.9% of the portfolio, followed by SS SPDR BB Ig Float RT ETF (FLRN, 7.2%) and iShares 5-10Y Inv Grade (IGIB, 6.7%). Compared with Q1 2025, it opened 6 new positions, sold out of 30, added to 30 and reduced 67. The biggest buy was iShares 1-5Y Inv Grade (IGSB, shares +1391%) and the biggest sale iShares Core U.S. Aggregate (AGG, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- ZURICH, V8
- CIK
- 0001910168
- Portfolio Value
- $279.6M (Q2 2025)
- SEC Filing
- 0001910168-25-000003 ↗ filed Jul 23, 2025
Holdings Value
Holdings 213 stocks · $279.6M
| IGEB iShares Investment Grade SYS | 8.91% | 548,401 | $24.9M | Add +5.2% |
| FLRN SS SPDR BB Ig Float RT ETF | 7.17% | 650,546 | $20.1M | Add +6.0% |
| IGIB iShares 5-10Y Inv Grade Corp. | 6.66% | 349,225 | $18.6M | Add +1.5% |
| AGG iShares Core U.S. Aggregate | 5.90% | 166,322 | $16.5M | Reduce -25.3% |
| SGOL Abrdn Physical Gold Shares | 5.79% | 513,662 | $16.2M | Add +18.9% |
| IVV iShares Core S&P 500 ETF | 5.46% | 24,581 | $15.3M | Add +36.3% |
| TMUS T-Mobile US Inc. | 5.11% | 60,000 | $14.3M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.71% | 12,248 | $7.6M | Reduce -0.5% |
| NVDA Nvidia Corp. | 2.30% | 40,738 | $6.4M | Add +0.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 2.25% | 119,319 | $6.3M | Add +1391.5% |
| QQQ Invesco QQQ Trust Series 1 | 2.19% | 11,114 | $6.1M | Reduce -1.0% |
| VGK Vanguard Ftse Europe ETF | 2.12% | 76,608 | $5.9M | Add +145.4% |
| AAPL Apple Inc. | 1.99% | 27,169 | $5.6M | Reduce -12.0% |
| AVGO Broadcom Inc. | 1.86% | 18,826 | $5.2M | Reduce -14.0% |
| MSFT Microsoft Corp. | 1.70% | 9,569 | $4.8M | Reduce -31.6% |
| JPM JPMorgan Chase & Co. | 1.63% | 15,764 | $4.6M | Reduce -31.5% |
| IWY iShares Russell Top 200 Grow | 1.41% | 15,950 | $3.9M | Reduce -41.5% |
| INDA iShares MSCI India ETF | 1.35% | 68,083 | $3.8M | Reduce -26.2% |
| WMT Walmart Inc. | 1.27% | 36,297 | $3.5M | Reduce -12.2% |
| V Visa Inc. Class A | 1.27% | 9,980 | $3.5M | Reduce -32.7% |
| AMZN Amazon.com Inc. | 1.22% | 15,571 | $3.4M | Add +53.4% |
| WM Waste Management Inc. | 1.19% | 14,586 | $3.3M | Reduce -9.9% |
| EWG iShares MSCI Germany ETF | 1.17% | 77,375 | $3.3M | Add +2046.3% |
| GRID First TRST Nasd Class Edg Sgiif | 1.15% | 23,155 | $3.2M | Reduce -26.2% |
| GOOGL Alphabet Inc. Class A | 1.14% | 18,014 | $3.2M | Reduce -12.8% |
| DBJP Xtrackers MSCI Japan Hedged | 1.09% | 39,947 | $3.1M | Reduce -31.1% |
| LLY Eli Lilly & Co. | 1.06% | 3,787 | $3.0M | Reduce -15.8% |
| C Citigroup Inc. | 0.99% | 32,590 | $2.8M | No change |
| APO Apollo Global Management Inc. | 0.89% | 17,444 | $2.5M | Reduce -25.5% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.88% | 48,287 | $2.5M | Add +6.6% |
| MA Mastercard Inc. Class A | 0.85% | 4,215 | $2.4M | No change |
| XLE SS Energy Select Sector | 0.84% | 27,845 | $2.4M | Reduce -14.8% |
| GOOG Alphabet Inc. Class C | 0.82% | 12,968 | $2.3M | Add +19.3% |
| COST Costco Wholesale Corp. | 0.76% | 2,152 | $2.1M | Reduce -10.6% |
| META Meta Platforms Inc. Class A | 0.64% | 2,409 | $1.8M | Add +52.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.53% | 16,163 | $1.5M | No change |
| EWL iShares MSCI Switzerland ETF | 0.50% | 25,298 | $1.4M | Add +8.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.49% | 11,109 | $1.4M | Reduce -26.8% |
| REGN Regeneron Pharmaceuticals | 0.45% | 2,377 | $1.2M | Reduce -25.6% |
| UNH Unitedhealth Group Inc. | 0.45% | 4,000 | $1.2M | Reduce -19.4% |
| VOO Vanguard S&P 500 ETF | 0.41% | 2,030 | $1.2M | Add +12.3% |
| ULST SS Ultra Short TM Bond ETF | 0.40% | 27,767 | $1.1M | No change |
| IYC iShares US Consumer Discreti | 0.39% | 11,000 | $1.1M | No change |
| BA The Boeing Co. | 0.34% | 4,500 | $943K | Add +12.5% |
| MU Micron Technology Inc. | 0.34% | 7,636 | $941K | Add +279.7% |
| IJH iShares Core S&P Midcap ETF | 0.33% | 15,009 | $931K | Reduce -22.2% |
| PANW Palo Alto Networks Inc. | 0.31% | 4,275 | $875K | Reduce -24.2% |
| OEF iShares S&P 100 ETF | 0.31% | 2,845 | $866K | No change |
| PWR Quanta Services Inc. | 0.30% | 2,200 | $832K | Reduce -32.6% |
| GLD SPDR Gold Shares | 0.29% | 2,694 | $821K | Add +48.2% |
| NFLX Netflix Inc. | 0.29% | 604 | $809K | Add +15.1% |
| ITA iShares U.S. Aerospace & Def | 0.28% | 4,210 | $794K | Add +2.4% |
| AFRM Affirm Holdings Inc. | 0.27% | 10,950 | $757K | New |
| TQQQ Proshares Ultrapro QQQ | 0.26% | 8,773 | $728K | Reduce -40.7% |
| IBIT iShares Bitcoin Trust ETF | 0.24% | 10,907 | $668K | Add +24.1% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 2,592 | $667K | Add +65.9% |
| IAU iShares Gold Trust | 0.24% | 12,500 | $661K | No change |
| MET Metlife Inc. | 0.23% | 7,937 | $638K | Reduce -2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 1,310 | $636K | No change |
| RSP Invesco S&P 500 Equal Weight | 0.22% | 3,344 | $608K | Reduce -2.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 4,800 | $595K | No change |
| FLOT iShares Floating Rate Bond E | 0.21% | 11,620 | $593K | No change |
| GS Goldman Sachs Group Inc. | 0.20% | 795 | $563K | New |
| XOM Exxon Mobil Corp. | 0.20% | 5,078 | $547K | Reduce -6.1% |
| ORCL Oracle Corp. | 0.19% | 2,445 | $535K | Add +117.1% |
| XLF SS Financial Select Sector | 0.19% | 10,000 | $524K | No change |
| BX Blackstone Inc. | 0.18% | 3,310 | $495K | Reduce -36.2% |
| SPGI S&P Global Inc. | 0.18% | 936 | $494K | Reduce -32.5% |
| SCHW Schwab (charles) Corp. | 0.17% | 5,355 | $489K | New |
| SLV iShares Silver Trust | 0.17% | 14,633 | $480K | Add +63.1% |
| EAGG iShares ESG Aware US Aggrega | 0.17% | 10,000 | $475K | Reduce -44.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.16% | 1,975 | $447K | Reduce -3.7% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.16% | 4,350 | $446K | Add +29.9% |
| HZO Marinemax Inc. | 0.16% | 17,600 | $442K | No change |
| ISRG Intuitive Surgical Inc. | 0.16% | 807 | $439K | Add +130.6% |
| VCIT Vanguard Int-Term Corporate | 0.14% | 4,727 | $392K | No change |
| RIO Rio Tinto PLC-Spon ADR | 0.14% | 6,480 | $378K | Add +1.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.13% | 740 | $377K | Reduce -1.3% |
| HD Home Depot Inc. | 0.13% | 986 | $362K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 7,457 | $353K | Reduce -5.5% |
| HACK Amplify Cybersecurity ETF | 0.12% | 4,000 | $345K | No change |
| WFC Wells Fargo & Co. | 0.12% | 4,294 | $344K | No change |
| LOW Lowe's Cos Inc. | 0.12% | 1,549 | $344K | Reduce -32.4% |
| EWZ iShares MSCI Brazil ETF | 0.11% | 10,340 | $298K | Reduce -3.3% |
| PGR Progressive Corp. | 0.11% | 1,113 | $297K | New |
| CVX Chevron Corp. | 0.10% | 2,050 | $294K | No change |
| HEFA Isha Curr Hedged MSCI Eafe | 0.10% | 7,665 | $291K | Reduce -32.2% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.10% | 1,750 | $288K | No change |
| IBKR Interactive Brokers Gro Class A | 0.10% | 4,824 | $267K | Add +57.9% |
| KMI Kinder Morgan Inc. | 0.09% | 9,000 | $265K | New |
| NET Cloudflare Inc. Class A | 0.09% | 1,289 | $252K | Reduce -1.7% |
| AMD Advanced Micro Devices | 0.09% | 1,760 | $250K | Reduce -27.4% |
| VWO Vanguard Ftse Emerging Marke | 0.09% | 5,000 | $247K | No change |
| PG The Procter & Gamble Co. | 0.08% | 1,460 | $233K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.08% | 558 | $226K | No change |
| VYM Vanguard High DVD Yield ETF | 0.08% | 1,689 | $225K | Reduce -45.9% |
| FTNT Fortinet Inc. | 0.08% | 2,105 | $223K | Reduce -22.3% |
| PEP Pepsico Inc. | 0.08% | 1,614 | $213K | No change |
| YLDE Franklin Clearbridge Enhance | 0.08% | 4,017 | $211K | No change |
| GEV GE Vernova Inc. | 0.07% | 390 | $206K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $290 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 14 | $290 | No change |
Total filed on the 13F, all lines: $279.6M.
Portfolio Sells Q1 2025 → Q2 2025
| AGG iShares Core U.S. Aggregate | Reduce -25.3% | 5.90% | −2.38 |
| IWY iShares Russell Top 200 Grow | Reduce -41.5% | 1.41% | −0.76 |
| V Visa Inc. Class A | Reduce -32.7% | 1.27% | −0.69 |
| AAPL Apple Inc. | Reduce -12.0% | 1.99% | −0.59 |
| UNH Unitedhealth Group Inc. | Reduce -19.4% | 0.45% | −0.53 |
| DBJP Xtrackers MSCI Japan Hedged | Reduce -31.1% | 1.09% | −0.53 |
| JPM JPMorgan Chase & Co. | Reduce -31.5% | 1.63% | −0.49 |
| INDA iShares MSCI India ETF | Reduce -26.2% | 1.35% | −0.43 |
| LLY Eli Lilly & Co. | Reduce -15.8% | 1.06% | −0.34 |
| APO Apollo Global Management Inc. | Reduce -25.5% | 0.89% | −0.32 |
| REGN Regeneron Pharmaceuticals | Reduce -25.6% | 0.45% | −0.32 |
| XLE SS Energy Select Sector | Reduce -14.8% | 0.84% | −0.30 |
| MSFT Microsoft Corp. | Reduce -31.6% | 1.70% | −0.27 |
| WM Waste Management Inc. | Reduce -9.9% | 1.19% | −0.22 |
| TJX TJX Companies Inc. | Reduce -26.8% | 0.49% | −0.20 |
| SYLD Cambria Shareholder Yield Et | Reduce -96.5% | 0.01% | −0.20 |
| GRID First TRST Nasd Class Edg Sgiif | Reduce -26.2% | 1.15% | −0.18 |
| EAGG iShares ESG Aware US Aggrega | Reduce -44.4% | 0.17% | −0.15 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.14 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -66.6% | 0.05% | −0.11 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.10 |
| EWJ iShares MSCI Japan ETF | Reduce -64.4% | 0.06% | −0.10 |
| BX Blackstone Inc. | Reduce -36.2% | 0.18% | −0.10 |
| WMT Walmart Inc. | Reduce -12.2% | 1.27% | −0.10 |
| COST Costco Wholesale Corp. | Reduce -10.6% | 0.76% | −0.09 |
| IJH iShares Core S&P Midcap ETF | Reduce -22.2% | 0.33% | −0.09 |
| SPGI S&P Global Inc. | Reduce -32.5% | 0.18% | −0.09 |
| LOW Lowe's Cos Inc. | Reduce -32.4% | 0.12% | −0.08 |
| DSTL Distillate US Fundamental St | Sold out | 0.00% | −0.07 |
| VYM Vanguard High DVD Yield ETF | Reduce -45.9% | 0.08% | −0.07 |
| GPK Graphic Packaging Holding Co. | Sold out | 0.00% | −0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -12.8% | 1.14% | −0.07 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.06 |
| TQQQ Proshares Ultrapro QQQ | Reduce -40.7% | 0.26% | −0.06 |
| MOAT Vaneck Morningstar Wide Moat | Sold out | 0.00% | −0.06 |
| VGSH Vanguard Short-Term Treasury | Sold out | 0.00% | −0.06 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -32.2% | 0.10% | −0.05 |
| PANW Palo Alto Networks Inc. | Reduce -24.2% | 0.31% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -6.1% | 0.20% | −0.05 |
| USB US Bancorp | Reduce -35.7% | 0.07% | −0.04 |
| TTEK Tetra Tech Inc. | Sold out | 0.00% | −0.03 |
| ADBE Adobe Inc. | Reduce -52.8% | 0.02% | −0.03 |
| ACM Aecom | Sold out | 0.00% | −0.02 |
| FTNT Fortinet Inc. | Reduce -22.3% | 0.08% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -26.1% | 0.05% | −0.02 |
| MET Metlife Inc. | Reduce -2.4% | 0.23% | −0.02 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.02 |
| BBD Banco Bradesco-ADR | Sold out | 0.00% | −0.02 |
| PWR Quanta Services Inc. | Reduce -32.6% | 0.30% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -39.7% | 0.03% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| IGSB iShares 1-5Y Inv Grade Corp. | Add +1391.5% | 2.25% | +2.09 |
| IVV iShares Core S&P 500 ETF | Add +36.3% | 5.46% | +1.65 |
| VGK Vanguard Ftse Europe ETF | Add +145.4% | 2.12% | +1.30 |
| EWG iShares MSCI Germany ETF | Add +2046.3% | 1.17% | +1.12 |
| SGOL Abrdn Physical Gold Shares | Add +18.9% | 5.79% | +0.95 |
| NVDA Nvidia Corp. | Add +0.1% | 2.30% | +0.64 |
| AMZN Amazon.com Inc. | Add +53.4% | 1.22% | +0.50 |
| META Meta Platforms Inc. Class A | Add +52.2% | 0.64% | +0.29 |
| AFRM Affirm Holdings Inc. | New | 0.27% | +0.27 |
| MU Micron Technology Inc. | Add +279.7% | 0.34% | +0.27 |
| GS Goldman Sachs Group Inc. | New | 0.20% | +0.20 |
| GOOG Alphabet Inc. Class C | Add +19.3% | 0.82% | +0.18 |
| SCHW Schwab (charles) Corp. | New | 0.17% | +0.17 |
| ORCL Oracle Corp. | Add +117.1% | 0.19% | +0.13 |
| GE General Electric | Add +65.9% | 0.24% | +0.12 |
| PGR Progressive Corp. | New | 0.11% | +0.11 |
| NFLX Netflix Inc. | Add +15.1% | 0.29% | +0.11 |
| GLD SPDR Gold Shares | Add +48.2% | 0.29% | +0.10 |
| KMI Kinder Morgan Inc. | New | 0.09% | +0.09 |
| ISRG Intuitive Surgical Inc. | Add +130.6% | 0.16% | +0.09 |
| IBIT iShares Bitcoin Trust ETF | Add +24.1% | 0.24% | +0.08 |
| IGEB iShares Investment Grade SYS | Add +5.2% | 8.91% | +0.08 |
| BA The Boeing Co. | Add +12.5% | 0.34% | +0.08 |
| SLV iShares Silver Trust | Add +63.1% | 0.17% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +12.3% | 0.41% | +0.06 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +6.0% | 7.17% | +0.06 |
| IRM Iron Mountain Inc. | Add +29.9% | 0.16% | +0.05 |
| IBKR Interactive Brokers Gro Class A | Add +57.9% | 0.10% | +0.05 |
| ITA iShares U.S. Aerospace & Def | Add +2.4% | 0.28% | +0.05 |
| EWL iShares MSCI Switzerland ETF | Add +8.0% | 0.50% | +0.04 |
| NEAR iShares SH Dba ETF Usd Inc. | Add +6.6% | 0.88% | +0.02 |
| MP MP Materials Corp. | Add +200.0% | 0.02% | +0.01 |
| TTWO Take-Two Interactive Softwre | New | 0.01% | +0.01 |
| CRM Salesforce Inc. | Add +2.5% | 0.02% | −0.00 |
| RIO Rio Tinto PLC-Spon ADR | Add +1.9% | 0.14% | −0.01 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +1.5% | 6.66% | −0.14 |
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 |