Bank Pictet & Cie (Europe) AG

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 22, 2024), Bank Pictet & Cie (Europe) AG reported 153 stock positions worth $4.2 billion. Its top holding was Microsoft (MSFT) at 9.1% of the portfolio, followed by Amazon.com (AMZN, 8.6%) and Nvidia (NVDA, 6.7%). Compared with Q2 2024, it opened 8 new positions, sold out of 8, added to 65 and reduced 51. The biggest buy was Visa Class A (V, shares +13%) and the biggest sale Nvidia (NVDA, shares −3%).

Most Recent 13F
Q2 2026
Location
FRANKFURT AM MAIN, 2M
CIK
0001123274
Portfolio Value
$4.2B (Q3 2024)
SEC Filing
0001123274-24-000007 ↗ filed Oct 22, 2024

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $3.8B Q1 2024 Q2 2024: $4.1B Q2 2024 Q3 2024: $4.2B $4.2B Q3 2024 Q4 2024: $4.6B Q4 2024 Q1 2025: $4.2B Q1 2025 Q2 2025: $4.7B Q2 2025 Q3 2025: $5.0B Q3 2025 Q4 2025: $5.0B Q4 2025 Q1 2026: $4.7B Q1 2026 Q2 2026: $5.1B Q2 2026

Holdings 153 stocks · $4.2B
MSFT Microsoft Corp. 9.11% 898,423 $385.4M Add +1.6%
AMZN Amazon.com Inc. 8.64% 1,961,882 $365.6M Add +0.0%
NVDA Nvidia Corp. 6.67% 2,323,488 $282.2M Reduce -3.4%
GOOGL Alphabet Inc. Class A 6.65% 1,696,061 $281.3M Add +1.6%
V Visa Inc. Class A 4.07% 625,241 $171.9M Add +13.0%
UNH Unitedhealth Group Inc. 3.51% 253,783 $148.4M Add +1.8%
META Meta Platforms Inc. Class A 2.89% 213,872 $122.4M Add +3.2%
CTAS Cintas Corp. 2.49% 510,832 $105.2M No change
TMO Thermo Fisher Scientific Inc. 2.23% 152,696 $94.5M Add +1.1%
ISRG Intuitive Surgical Inc. 2.21% 190,086 $93.4M Reduce -3.2%
TSM Taiwan Semiconductor-SP ADR 1.98% 482,205 $83.7M Add +3.1%
GOOG Alphabet Inc. Class C 1.92% 485,680 $81.2M Reduce -5.8%
PEP Pepsico Inc. 1.84% 458,849 $78.0M Reduce -2.7%
ZTS Zoetis Inc. 1.84% 398,060 $77.8M Reduce -4.3%
COST Costco Wholesale Corp. 1.70% 80,870 $71.7M Reduce -11.0%
CMG Chipotle Mexican Grill Inc. 1.69% 1,239,326 $71.4M Add +24.1%
MRK Merck & Co. Inc. 1.60% 597,543 $67.9M Add +1.8%
AAPL Apple Inc. 1.56% 283,781 $66.1M Reduce -0.8%
BRK.A Berkshire Hathaway Inc. Class A 1.45% 89 $61.5M No change
DHI D.R. Horton Inc. 1.42% 314,114 $59.9M Add +17.7%
MCD McDonald's Corp. 1.31% 181,690 $55.3M Reduce -7.4%
LLY Eli Lilly & Co. 1.30% 62,190 $55.1M Add +1.1%
CRM Salesforce Inc. 1.28% 197,475 $54.1M Reduce -16.7%
WFC Wells Fargo & Co. 1.26% 943,615 $53.3M Add +2.8%
IDXX Idexx Laboratories Inc. 1.06% 89,000 $45.0M No change
DHR Danaher Corp. 1.03% 157,001 $43.6M Reduce -32.5%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.99% 398,360 $41.8M No change
ABBV Abbvie Inc. 0.96% 206,571 $40.8M Add +5.1%
JPM JPMorgan Chase & Co. 0.95% 190,953 $40.3M No change
ORLY O'reilly Automotive Inc. 0.93% 34,083 $39.2M Add +12.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.92% 68,077 $39.1M Add +22.6%
AMD Advanced Micro Devices 0.91% 234,749 $38.5M Reduce -0.8%
HON Honeywell International Inc. 0.91% 185,570 $38.4M Reduce -13.5%
SPGI S&P Global Inc. 0.88% 72,066 $37.2M Add +54.4%
BRK.B Berkshire Hathaway Inc. Class B 0.85% 78,444 $36.1M Add +1.6%
MRNA Moderna Inc. 0.84% 529,686 $35.4M Add +1.4%
QQQ Invesco QQQ Trust Series 1 0.81% 70,242 $34.3M Reduce -4.5%
NG Novagold Resources Inc. 0.78% 8,000,000 $33.1M No change
AVGO Broadcom Inc. 0.77% 189,974 $32.8M Add +86.3%
LIN Linde PLC 0.75% 66,584 $31.8M Add +1.1%
MA Mastercard Inc. Class A 0.74% 63,020 $31.1M Reduce -12.5%
EA Electronic Arts Inc. 0.71% 209,778 $30.1M Add +0.8%
MCO Moody's Corp. 0.71% 62,985 $29.9M Add +1.7%
AME Ametek Inc. 0.60% 148,158 $25.4M Add +1.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.59% 633,759 $25.1M Add +3.2%
TXN Texas Instruments Inc. 0.59% 120,510 $24.9M Reduce -11.0%
MDLZ Mondelez International Inc. Class A 0.58% 331,288 $24.4M Reduce -2.7%
AON Aon PLC Class A 0.56% 68,107 $23.6M Add +2.0%
WM Waste Management Inc. 0.53% 108,874 $22.6M Reduce -10.4%
FCX Freeport-McMoran Inc. 0.50% 424,494 $21.2M Add +321.0%
VAL Valaris Ltd. 0.48% 360,942 $20.1M No change
EOG EOG Resources Inc. 0.46% 158,878 $19.5M Add +38.8%
ABT Abbott Laboratories 0.40% 149,945 $17.1M Add +4.6%
PARAA Paramount Global Class B 0.38% 1,500,000 $15.9M No change
SBUX Starbucks Corp. 0.37% 160,203 $15.6M Add +2.4%
IVV iShares Core S&P 500 ETF 0.36% 26,540 $15.3M No change
NKE Nike Inc. Class B 0.36% 173,027 $15.3M Reduce -15.2%
CME Cme Group Inc. 0.35% 67,408 $14.9M Add +2.3%
ADBE Adobe Inc. 0.35% 28,213 $14.6M Add +7.9%
LYB Lyondellbasell Indu Class A 0.34% 148,723 $14.3M Add +69.6%
IVE iShares S&P 500 Value ETF 0.29% 62,810 $12.4M No change
CI The Cigna Group 0.28% 34,335 $11.9M Reduce -6.8%
TSLA Tesla Inc. 0.26% 41,381 $10.8M Add +41.7%
GLD SPDR Gold Shares 0.24% 42,210 $10.2M Reduce -0.9%
PG The Procter & Gamble Co. 0.24% 57,576 $10.0M Add +2.7%
ICE Intercontinental Exchange Inc. 0.22% 56,958 $9.1M Reduce -0.5%
EXAS Exact Sciences Corp. 0.21% 127,477 $8.7M Reduce -6.0%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.20% 86,510 $8.6M Reduce -16.9%
MU Micron Technology Inc. 0.18% 71,737 $7.4M Reduce -1.6%
DXCM Dexcom Inc. 0.17% 109,053 $7.3M Add +28.8%
BKNG Booking Holdings Inc. 0.17% 1,731 $7.3M Add +2.1%
OTIS Otis Worldwide Corp. 0.17% 69,708 $7.2M Add +8.9%
PANW Palo Alto Networks Inc. 0.16% 20,399 $7.0M Add +5.8%
CVX Chevron Corp. 0.12% 33,344 $4.9M Reduce -3.7%
MRVL Marvell Technology Inc. 0.11% 66,250 $4.8M Add +4.6%
HD Home Depot Inc. 0.11% 11,639 $4.7M Add +21.7%
PH Parker Hannifin Corp. 0.11% 7,204 $4.6M Add +3.9%
BSX Boston Scientific Corp. 0.10% 51,923 $4.4M Reduce -34.6%
JCI Johnson Controls Internation 0.10% 52,914 $4.1M New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.09% 91,305 $3.8M Add +91.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.09% 32,187 $3.8M Add +4.3%
MDT Medtronic PLC 0.08% 36,953 $3.3M Reduce -40.2%
ROL Rollins Inc. 0.07% 61,950 $3.1M Add +3.7%
ENPH Enphase Energy Inc. 0.07% 25,680 $2.9M Reduce -2.8%
IBB iShares Biotechnology ETF 0.06% 16,280 $2.4M No change
SE Sea Ltd.-ADR 0.06% 24,843 $2.3M Add +78.5%
NEOG Neogen Corp. 0.05% 124,000 $2.1M Add +3.6%
CNH CNH Industrial NV 0.05% 172,222 $1.9M Reduce -28.3%
JNJ Johnson & Johnson 0.04% 11,743 $1.9M Reduce -5.0%
RIO Rio Tinto PLC-Spon ADR 0.04% 26,515 $1.9M Reduce -62.3%
SNOW Snowflake Inc. 0.04% 16,150 $1.9M No change
ECL Ecolab Inc. 0.04% 5,874 $1.5M Reduce -22.6%
SW Smurfit Westrock PLC 0.04% 29,938 $1.5M New
VERX Vertex Inc. Class A 0.04% 38,410 $1.5M Add +3.8%
CSCO Cisco Systems Inc. 0.03% 27,820 $1.5M Reduce -6.7%
RPRX Royalty Pharma PLC Class A 0.03% 50,000 $1.4M No change
KO The Coca-Cola Co. 0.03% 17,030 $1.2M Add +22.1%
LMT Lockheed Martin Corp. 0.03% 2,000 $1.2M No change
RACE Ferrari NV 0.03% 2,444 $1.1M Add +95.5%
NFLX Netflix Inc. 0.03% 1,614 $1.1M Reduce -3.7%
STZ Constellation Brands Inc. Class A 0.03% 4,363 $1.1M No change
ROK Rockwell Automation Inc. 0.03% 4,157 $1.1M Add +2.7%
INTU Intuit Inc. 0.03% 1,744 $1.1M Add +89.4%
NVT Nvent Electric PLC 0.02% 12,878 $905K Add +12.4%
ASML ASML Holding NV-NY Reg SHS 0.02% 1,082 $902K Reduce -6.2%
INDA iShares MSCI India ETF 0.02% 14,380 $842K Reduce -11.2%
SOPH Sophia Genetics SA 0.02% 223,000 $811K No change
RTX RTX Corp. 0.02% 6,610 $801K Reduce -3.6%
ANET Arista Networks Inc. 0.02% 2,034 $781K Add +125.3%
MMYT Makemytrip Ltd. 0.02% 7,886 $733K Reduce -43.2%
UNP Union Pacific Corp. 0.02% 2,857 $704K Add +1.1%
PTC PTC Inc. 0.02% 3,870 $699K Add +26.4%
XBI SS SPDR S&P Biotech ETF 0.02% 7,070 $699K No change
MS Morgan Stanley 0.02% 6,310 $658K Add +1.2%
SYK Stryker Corp. 0.02% 1,778 $642K Reduce -3.9%
WDAY Workday Inc. Class A 0.01% 2,480 $606K Add +3.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.01% 6,273 $603K Reduce -12.8%
EW Edwards Lifesciences Corp. 0.01% 8,768 $579K Add +86.5%
AXP American Express Co. 0.01% 2,108 $572K Add +0.6%
NOC Northrop Grumman Corp. 0.01% 984 $520K No change
BDX Becton Dickinson and Co. 0.01% 2,000 $482K No change
PCVX Vaxcyte Inc. 0.01% 3,805 $435K Reduce -2.3%
ZBRA Zebra Technologies Corp. Class A 0.01% 1,112 $412K Reduce -11.5%
ILMN Illumina Inc. 0.01% 2,937 $383K New
P Everpure Inc. Class A filed as PURE STORAGE INC 0.01% 7,461 $375K Add +3.6%
GMED Globus Medical Inc. Class A 0.01% 5,218 $373K Reduce -45.1%
IBN Icici Bank Ltd.-Spon ADR 0.01% 12,341 $368K Reduce -81.1%
PYPL PayPal Holdings Inc. 0.01% 4,587 $358K Add +15.1%
SRPT Sarepta Therapeutics Inc. 0.01% 2,827 $353K Add +27.7%
NOW ServiceNow Inc. 0.01% 370 $331K No change
BX Blackstone Inc. 0.01% 2,100 $322K No change
UBS UBS Group AG-Reg 0.01% 10,209 $315K Add +17.2%
XLV SS Health Care Select Sector 0.01% 2,030 $313K No change
APO Apollo Global Management Inc. 0.01% 2,500 $312K No change
ALGN Align Technology Inc. 0.01% 1,159 $295K Reduce -4.8%
PFE Pfizer Inc. 0.01% 10,100 $292K No change
CRH CRH PLC 0.01% 3,131 $290K Reduce -7.5%
IMVT Immunovant Inc. 0.01% 9,168 $261K New
NTRA Natera Inc. 0.01% 1,979 $251K Reduce -52.2%
IJR iShares Core S&P Small-Cap E 0.01% 2,110 $247K No change
EWJ iShares MSCI Japan ETF 0.01% 3,440 $246K No change
TNDM Tandem Diabetes Care Inc. 0.01% 5,772 $245K Reduce -44.6%
PEN Penumbra Inc. 0.01% 1,258 $244K New
PRU Prudential Financial Inc. 0.01% 2,000 $242K No change
INFY Infosys Ltd.-SP ADR 0.01% 10,393 $231K No change
IRTC Irhythm Holdings Inc. 0.01% 3,105 $231K Add +22.3%
HDB HDFC Bank Ltd.-ADR 0.01% 3,535 $221K Reduce -83.4%
RGEN Repligen Corp. 0.01% 1,451 $216K Reduce -32.3%
NVR NVR Inc. 0.00% 21 $206K New
GPCR Structure Therapeutics Inc. 0.00% 4,692 $206K New
IOVA Iovance Biotherapeutics Inc. 0.00% 19,368 $182K Reduce -54.9%
VOD Vodafone Group PLC-SP ADR 0.00% 16,420 $165K No change
BP BP PLC-Spons ADR 0.00% 2,450 $77K New

Portfolio Sells Q2 2024 → Q3 2024
NVDA Nvidia Corp. Reduce -3.4% 6.67% −0.58
GOOG Alphabet Inc. Class C Reduce -5.8% 1.92% −0.39
DHR Danaher Corp. Reduce -32.5% 1.03% −0.39
HON Honeywell International Inc. Reduce -13.5% 0.91% −0.21
CRM Salesforce Inc. Reduce -16.7% 1.28% −0.21
COST Costco Wholesale Corp. Reduce -11.0% 1.70% −0.19
WM Waste Management Inc. Reduce -10.4% 0.53% −0.10
RIO Rio Tinto PLC-Spon ADR Reduce -62.3% 0.04% −0.07
EL Estee Lauder Companies Class A Reduce -16.9% 0.20% −0.07
MU Micron Technology Inc. Reduce -1.6% 0.18% −0.06
TXN Texas Instruments Inc. Reduce -11.0% 0.59% −0.05
PEP Pepsico Inc. Reduce -2.7% 1.84% −0.05
QQQ Invesco QQQ Trust Series 1 Reduce -4.5% 0.81% −0.05
BSX Boston Scientific Corp. Reduce -34.6% 0.10% −0.05
B Barrick Gold Corp. Sold out 0.00% −0.04
MA Mastercard Inc. Class A Reduce -12.5% 0.74% −0.04
MDT Medtronic PLC Reduce -40.2% 0.08% −0.04
IBN Icici Bank Ltd.-Spon ADR Reduce -81.1% 0.01% −0.04
HDB HDFC Bank Ltd.-ADR Reduce -83.4% 0.01% −0.03
AMD Advanced Micro Devices Reduce -0.8% 0.91% −0.03
AMED Amedisys Inc. Sold out 0.00% −0.02
CI The Cigna Group Reduce -6.8% 0.28% −0.02
CVX Chevron Corp. Reduce -3.7% 0.12% −0.02
CNH CNH Industrial NV Reduce -28.3% 0.05% −0.01
NKE Nike Inc. Class B Reduce -15.2% 0.36% −0.01
MMYT Makemytrip Ltd. Reduce -43.2% 0.02% −0.01
ECL Ecolab Inc. Reduce -22.6% 0.04% −0.01
VRTX Vertex Pharmaceuticals Inc. Sold out 0.00% −0.01
THC Tenet Healthcare Corp. Sold out 0.00% −0.01
CTVA Corteva Inc. Sold out 0.00% −0.01
ASML ASML Holding NV-NY Reg SHS Reduce -6.2% 0.02% −0.01
GMED Globus Medical Inc. Class A Reduce -45.1% 0.01% −0.01
MDY State Street SPDR S&P Midcap Sold out 0.00% −0.01
NTRA Natera Inc. Reduce -52.2% 0.01% −0.01
ZBH Zimmer Biomet Holdings Inc. Sold out 0.00% −0.01
TNDM Tandem Diabetes Care Inc. Reduce -44.6% 0.01% −0.00
DB Deutsche Bank AG-Registered Sold out 0.00% −0.00
IOVA Iovance Biotherapeutics Inc. Reduce -54.9% 0.00% −0.00
DIS The Walt Disney Co. Reduce -12.8% 0.01% −0.00
INDA iShares MSCI India ETF Reduce -11.2% 0.02% −0.00
RGEN Repligen Corp. Reduce -32.3% 0.01% −0.00
NFLX Netflix Inc. Reduce -3.7% 0.03% −0.00
ALGN Align Technology Inc. Reduce -4.8% 0.01% −0.00
SYK Stryker Corp. Reduce -3.9% 0.02% −0.00
ZBRA Zebra Technologies Corp. Class A Reduce -11.5% 0.01% +0.00
CSCO Cisco Systems Inc. Reduce -6.7% 0.03% +0.00
CRH CRH PLC Reduce -7.5% 0.01% +0.00
JNJ Johnson & Johnson Reduce -5.0% 0.04% +0.00
RTX RTX Corp. Reduce -3.6% 0.02% +0.00
PCVX Vaxcyte Inc. Reduce -2.3% 0.01% +0.00

Portfolio Buys Q2 2024 → Q3 2024
V Visa Inc. Class A Add +13.0% 4.07% +0.52
DHI D.R. Horton Inc. Add +17.7% 1.42% +0.50
UNH Unitedhealth Group Inc. Add +1.8% 3.51% +0.41
FCX Freeport-McMoran Inc. Add +321.0% 0.50% +0.38
AVGO Broadcom Inc. Add +86.3% 0.77% +0.37
SPGI S&P Global Inc. Add +54.4% 0.88% +0.37
META Meta Platforms Inc. Class A Add +3.2% 2.89% +0.34
TMO Thermo Fisher Scientific Inc. Add +1.1% 2.23% +0.19
SPY SS SPDR S&P 500 ETF Trust-US Add +22.6% 0.92% +0.19
CMG Chipotle Mexican Grill Inc. Add +24.1% 1.69% +0.16
ORLY O'reilly Automotive Inc. Add +12.5% 0.93% +0.15
ABBV Abbvie Inc. Add +5.1% 0.96% +0.14
LYB Lyondellbasell Indu Class A Add +69.6% 0.34% +0.13
TSLA Tesla Inc. Add +41.7% 0.26% +0.11
EOG EOG Resources Inc. Add +38.8% 0.46% +0.11
JCI Johnson Controls Internation New 0.10% +0.10
BRK.B Berkshire Hathaway Inc. Class B Add +1.6% 0.85% +0.09
AON Aon PLC Class A Add +2.0% 0.56% +0.08
SBUX Starbucks Corp. Add +2.4% 0.37% +0.07
MCO Moody's Corp. Add +1.7% 0.71% +0.07
LIN Linde PLC Add +1.1% 0.75% +0.04
ABT Abbott Laboratories Add +4.6% 0.40% +0.04
SLB SLB Ltd. Add +91.3% 0.09% +0.04
CME Cme Group Inc. Add +2.3% 0.35% +0.04
SW Smurfit Westrock PLC New 0.04% +0.04
HD Home Depot Inc. Add +21.7% 0.11% +0.03
SE Sea Ltd.-ADR Add +78.5% 0.06% +0.03
PH Parker Hannifin Corp. Add +3.9% 0.11% +0.02
OTIS Otis Worldwide Corp. Add +8.9% 0.17% +0.02
RACE Ferrari NV Add +95.5% 0.03% +0.01
INTU Intuit Inc. Add +89.4% 0.03% +0.01
ANET Arista Networks Inc. Add +125.3% 0.02% +0.01
PG The Procter & Gamble Co. Add +2.7% 0.24% +0.01
ILMN Illumina Inc. New 0.01% +0.01
BKNG Booking Holdings Inc. Add +2.1% 0.17% +0.01
KO The Coca-Cola Co. Add +22.1% 0.03% +0.01
AME Ametek Inc. Add +1.4% 0.60% +0.01
TJX TJX Companies Inc. Add +4.3% 0.09% +0.01
IMVT Immunovant Inc. New 0.01% +0.01
PEN Penumbra Inc. New 0.01% +0.01
PANW Palo Alto Networks Inc. Add +5.8% 0.16% +0.01
NVR NVR Inc. New 0.00% +0.00
GPCR Structure Therapeutics Inc. New 0.00% +0.00
MRVL Marvell Technology Inc. Add +4.6% 0.11% +0.00
NEOG Neogen Corp. Add +3.6% 0.05% +0.00
EA Electronic Arts Inc. Add +0.8% 0.71% +0.00
EW Edwards Lifesciences Corp. Add +86.5% 0.01% +0.00
PTC PTC Inc. Add +26.4% 0.02% +0.00
ROL Rollins Inc. Add +3.7% 0.07% +0.00
PYPL PayPal Holdings Inc. Add +15.1% 0.01% +0.00

Options Activity Q2 2024 → Q3 2024
CROX Crocs Inc. call Sold out 100,000 $14.6Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 204$5.1BNVDA, GOOGL, AMZN, MSFT, V
Q1 2026 202$4.7BNVDA, AMZN, GOOGL, MSFT, V
Q4 2025 194$5.0BMSFT, AMZN, NVDA, GOOGL, V
Q3 2025 195$5.0BMSFT, AMZN, NVDA, GOOGL, V
Q2 2025 197$4.7BMSFT, AMZN, NVDA, GOOGL, V
Q1 2025 186$4.2BAMZN, MSFT, NVDA, GOOGL, V
Q4 2024Amended 166$4.6BAMZN, MSFT, NVDA, GOOGL, V
Q3 2024 153$4.2BMSFT, AMZN, NVDA, GOOGL, V
Q2 2024 153$4.1BMSFT, AMZN, GOOGL, NVDA, V
Q1 2024 167$3.8BAMZN, MSFT, GOOGL, NVDA, V