Banque Cantonale Vaudoise
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 10, 2024), Banque Cantonale Vaudoise reported 984 stock positions worth $2.6 billion. Its top holding was UBS Group AG-Reg (UBS) at 8.6% of the portfolio, followed by Philip Morris International (PM, 4.8%) and Microsoft (MSFT, 4.7%). Compared with Q4 2023, it opened 73 new positions, sold out of 101, added to 327 and reduced 362. The biggest buy was Nvidia (NVDA, shares +1%) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- LAUSANNE, V8
- CIK
- 0001793755
- Portfolio Value
- $2.6B (Q1 2024)
- SEC Filing
- 0001793755-24-000005 ↗ filed Apr 10, 2024
Holdings Value
Holdings 984 stocks · $2.6B
| UBS UBS Group AG-Reg | 8.63% | 7,155,610 | $220.4M | Add +18.1% |
| PM Philip Morris International | 4.81% | 1,341,336 | $122.9M | Add +19.4% |
| MSFT Microsoft Corp. | 4.65% | 282,295 | $118.8M | Add +1.8% |
| NVDA Nvidia Corp. | 4.41% | 124,562 | $112.5M | Add +0.7% |
| ALC Alcon Inc. filed as ALCON AG | 3.75% | 1,152,457 | $95.6M | Add +0.5% |
| AAPL Apple Inc. | 2.88% | 429,325 | $73.6M | Reduce -3.2% |
| AMZN Amazon.com Inc. | 2.19% | 309,372 | $55.8M | Add +7.7% |
| GOOGL Alphabet Inc. Class A | 1.83% | 309,076 | $46.6M | Add +0.8% |
| LOGI Logitech International-Reg | 1.67% | 476,816 | $42.8M | Reduce -0.7% |
| V Visa Inc. Class A | 1.18% | 107,760 | $30.1M | Add +16.5% |
| KO The Coca-Cola Co. | 1.08% | 449,340 | $27.5M | Reduce -7.2% |
| LLY Eli Lilly & Co. | 0.81% | 26,503 | $20.6M | Add +9.9% |
| JPM JPMorgan Chase & Co. | 0.80% | 102,506 | $20.5M | Reduce -5.3% |
| MA Mastercard Inc. Class A | 0.78% | 41,250 | $19.9M | Add +6.9% |
| UNH Unitedhealth Group Inc. | 0.75% | 38,803 | $19.2M | Reduce -21.6% |
| INTC Intel Corp. | 0.70% | 407,332 | $18.0M | Add +8.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.69% | 39,697 | $17.6M | Reduce -8.9% |
| HD Home Depot Inc. | 0.69% | 45,824 | $17.6M | Reduce -10.8% |
| CRM Salesforce Inc. | 0.62% | 52,505 | $15.8M | Reduce -2.6% |
| META Meta Platforms Inc. Class A | 0.61% | 31,822 | $15.5M | Add +38.0% |
| VZ Verizon Communications Inc. | 0.60% | 365,852 | $15.3M | Add +31.2% |
| AMD Advanced Micro Devices | 0.59% | 83,238 | $15.0M | Add +16.9% |
| CSCO Cisco Systems Inc. | 0.58% | 296,461 | $14.8M | Add +0.3% |
| ADBE Adobe Inc. | 0.57% | 29,058 | $14.7M | Reduce -8.6% |
| MBB iShares MBS ETF | 0.56% | 153,400 | $14.2M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.54% | 84,242 | $13.7M | Add +2.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.53% | 354,952 | $13.5M | Reduce -2.5% |
| TXN Texas Instruments Inc. | 0.52% | 76,823 | $13.4M | Add +8.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 31,825 | $13.4M | Add +16.9% |
| GOOG Alphabet Inc. Class C | 0.52% | 87,111 | $13.3M | Reduce -0.4% |
| AMAT Applied Materials Inc. | 0.52% | 63,758 | $13.1M | Add +0.5% |
| MRK Merck & Co. Inc. | 0.51% | 99,035 | $13.1M | Add +17.0% |
| PFE Pfizer Inc. | 0.51% | 469,711 | $13.0M | Add +95.5% |
| JNJ Johnson & Johnson | 0.50% | 80,600 | $12.8M | Reduce -19.2% |
| ZTS Zoetis Inc. | 0.50% | 75,028 | $12.7M | Add +22.3% |
| AVGO Broadcom Inc. | 0.50% | 9,574 | $12.7M | Add +7.8% |
| INTU Intuit Inc. | 0.45% | 17,677 | $11.5M | Reduce -7.7% |
| MCD McDonald's Corp. | 0.43% | 39,274 | $11.1M | Reduce -8.7% |
| ABT Abbott Laboratories | 0.42% | 95,077 | $10.8M | Add +4.1% |
| TSLA Tesla Inc. | 0.41% | 59,067 | $10.4M | Reduce -1.7% |
| CAT Caterpillar Inc. | 0.39% | 27,476 | $10.1M | Add +4.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.39% | 19,030 | $10.0M | Reduce -41.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.38% | 72,095 | $9.8M | Reduce -20.7% |
| DHR Danaher Corp. | 0.38% | 38,811 | $9.7M | Add +8.4% |
| ABBV Abbvie Inc. | 0.37% | 52,244 | $9.5M | Add +18.4% |
| TT Trane Technologies PLC | 0.37% | 31,447 | $9.4M | Add +9.4% |
| GILD Gilead Sciences Inc. | 0.37% | 127,866 | $9.4M | Add +17.5% |
| AMGN Amgen Inc. | 0.36% | 32,028 | $9.1M | Add +2.8% |
| MMM 3M Co. | 0.36% | 85,627 | $9.1M | Add +14.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 46,023 | $8.8M | Reduce -19.6% |
| XOM Exxon Mobil Corp. | 0.34% | 75,589 | $8.8M | Reduce -0.2% |
| LIN Linde PLC | 0.34% | 18,848 | $8.7M | Add +5.4% |
| CVX Chevron Corp. | 0.33% | 52,992 | $8.4M | Add +3.3% |
| LRCX Lam Research Corp. | 0.32% | 8,435 | $8.2M | Reduce -14.7% |
| AXP American Express Co. | 0.32% | 35,672 | $8.1M | Reduce -2.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 66,378 | $8.1M | Reduce -27.5% |
| ECL Ecolab Inc. | 0.31% | 34,628 | $8.0M | Reduce -17.1% |
| PANW Palo Alto Networks Inc. | 0.31% | 28,062 | $8.0M | Add +52.5% |
| ACN Accenture PLC Class A | 0.31% | 22,834 | $7.9M | Reduce -20.1% |
| BMY Bristol-Myers Squibb Co. | 0.31% | 144,909 | $7.9M | Add +35.1% |
| KR Kroger Co. | 0.31% | 137,425 | $7.9M | Add +46.5% |
| LOW Lowe's Cos Inc. | 0.31% | 30,640 | $7.8M | Add +55.0% |
| ORCL Oracle Corp. | 0.30% | 61,884 | $7.8M | Add +17.8% |
| NOW ServiceNow Inc. | 0.30% | 10,043 | $7.7M | Reduce -8.9% |
| EWC iShares MSCI Canada ETF | 0.30% | 197,630 | $7.6M | No change |
| GE General Electric | 0.29% | 42,394 | $7.4M | Add +25.2% |
| C Citigroup Inc. | 0.29% | 116,553 | $7.4M | Add +2.4% |
| MS Morgan Stanley | 0.28% | 75,821 | $7.1M | Add +31.8% |
| TMO Thermo Fisher Scientific Inc. | 0.27% | 11,958 | $7.0M | Reduce -13.7% |
| COR Cencora Inc. | 0.27% | 28,271 | $6.9M | Add +412.8% |
| GIS General Mills Inc. | 0.25% | 92,100 | $6.4M | Add +52.0% |
| PEP Pepsico Inc. | 0.25% | 36,708 | $6.4M | Reduce -10.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.24% | 113,861 | $6.2M | Reduce -13.6% |
| LII Lennox International Inc. | 0.24% | 12,507 | $6.1M | Add +36.6% |
| NEE Nextera Energy Inc. | 0.24% | 94,383 | $6.0M | Reduce -7.3% |
| ELV Elevance Health Inc. | 0.24% | 11,604 | $6.0M | Reduce -8.2% |
| CI The Cigna Group | 0.23% | 16,441 | $6.0M | Reduce -31.3% |
| HON Honeywell International Inc. | 0.23% | 28,337 | $5.8M | Add +1.0% |
| CMI Cummins Inc. | 0.22% | 19,415 | $5.7M | Reduce -2.3% |
| BKNG Booking Holdings Inc. | 0.22% | 1,556 | $5.6M | Add +45.7% |
| UNP Union Pacific Corp. | 0.22% | 22,894 | $5.6M | Add +55.0% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.22% | 338,000 | $5.6M | Reduce -2.3% |
| FERG Ferguson Jersey Ltd. | 0.22% | 25,485 | $5.6M | Add +4.1% |
| EW Edwards Lifesciences Corp. | 0.22% | 58,211 | $5.6M | Reduce -2.9% |
| ADP Automatic Data Processing | 0.22% | 22,254 | $5.6M | Reduce -22.7% |
| EA Electronic Arts Inc. | 0.22% | 41,520 | $5.5M | Add +461.2% |
| OC Owens Corning | 0.21% | 32,680 | $5.5M | Add +18.7% |
| EQIX Equinix Inc. | 0.21% | 6,578 | $5.4M | Add +48.0% |
| MDT Medtronic PLC | 0.21% | 61,731 | $5.4M | Reduce -9.2% |
| NKE Nike Inc. Class B | 0.21% | 57,002 | $5.4M | Reduce -19.8% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.21% | 92,606 | $5.3M | Add +10.8% |
| DECK Deckers Outdoor Corp. | 0.20% | 5,547 | $5.2M | Add +15.1% |
| HPE Hewlett Packard Enterprise | 0.20% | 292,040 | $5.2M | Add +14.1% |
| WM Waste Management Inc. | 0.20% | 24,152 | $5.1M | Reduce -3.4% |
| CBRE CBRE Group Inc. Class A | 0.20% | 52,612 | $5.1M | Reduce -5.1% |
| T AT&T Inc. | 0.20% | 289,931 | $5.1M | Add +28.4% |
| ODFL Old Dominion Freight Line | 0.20% | 11,788 | $5.0M | Reduce -15.2% |
| ADI Analog Devices Inc. | 0.20% | 25,331 | $5.0M | Reduce -5.8% |
| DELL Dell Technologies -C | 0.20% | 43,675 | $5.0M | Add +50.9% |
| FTNT Fortinet Inc. | 0.19% | 72,384 | $4.9M | Add +71.1% |
Options reported separately and not counted above: COIN puts ($133K), BMEA calls ($30K), CHPT calls ($10K), INVZ calls ($7K).
Other holdings (3): bonds, preferreds, convertibles and warrants · $10K (not counted above)
Total filed on the 13F, all lines: $2.6B.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -3.2% | 2.88% | −0.83 |
| UNH Unitedhealth Group Inc. | Reduce -21.6% | 0.75% | −0.38 |
| LOGI Logitech International-Reg | Reduce -0.7% | 1.67% | −0.30 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -41.9% | 0.39% | −0.29 |
| ADBE Adobe Inc. | Reduce -8.6% | 0.57% | −0.25 |
| TSLA Tesla Inc. | Reduce -1.7% | 0.41% | −0.24 |
| DE Deere & Co. | Reduce -51.7% | 0.18% | −0.22 |
| PDD PDD Holdings Inc. | Reduce -44.5% | 0.12% | −0.19 |
| JNJ Johnson & Johnson | Reduce -19.2% | 0.50% | −0.18 |
| KO The Coca-Cola Co. | Reduce -7.2% | 1.08% | −0.16 |
| ACN Accenture PLC Class A | Reduce -20.1% | 0.31% | −0.13 |
| NKE Nike Inc. Class B | Reduce -19.8% | 0.21% | −0.13 |
| COO Cooper Cos Inc. | Sold out | 0.00% | −0.12 |
| MCD McDonald's Corp. | Reduce -8.7% | 0.43% | −0.12 |
| EXC Exelon Corp. | Reduce -91.7% | 0.01% | −0.11 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -59.3% | 0.07% | −0.10 |
| MCO Moody's Corp. | Reduce -57.9% | 0.06% | −0.10 |
| WELL Welltower Inc. | Reduce -67.5% | 0.04% | −0.09 |
| FDS Factset Research Systems Inc. | Reduce -49.9% | 0.07% | −0.09 |
| TAP Molson Coors Beverage Co. Class B | Sold out | 0.00% | −0.09 |
| HD Home Depot Inc. | Reduce -10.8% | 0.69% | −0.09 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -8.9% | 0.69% | −0.09 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -78.7% | 0.02% | −0.08 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -65.5% | 0.04% | −0.08 |
| CI The Cigna Group | Reduce -31.3% | 0.23% | −0.08 |
| INCY Incyte Corp. | Reduce -93.2% | 0.00% | −0.08 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.07 |
| ADP Automatic Data Processing | Reduce -22.7% | 0.22% | −0.07 |
| SPGI S&P Global Inc. | Reduce -16.5% | 0.19% | −0.07 |
| INTU Intuit Inc. | Reduce -7.7% | 0.45% | −0.07 |
| FOXA Fox Corp. Class A | Sold out | 0.00% | −0.07 |
| RTX RTX Corp. | Reduce -52.0% | 0.07% | −0.07 |
| KEYS Keysight Technologies Inc. | Reduce -31.8% | 0.10% | −0.07 |
| ENPH Enphase Energy Inc. | Reduce -24.4% | 0.11% | −0.07 |
| AMT American Tower Corp. | Reduce -54.5% | 0.04% | −0.07 |
| BA The Boeing Co. | Reduce -30.3% | 0.06% | −0.07 |
| GS Goldman Sachs Group Inc. | Reduce -32.0% | 0.13% | −0.07 |
| CMCSA Comcast Corp. Class A | Reduce -78.0% | 0.02% | −0.06 |
| ETF MANAGERS TR | Sold out | 0.00% | −0.06 |
| IP International Paper Co. | Sold out | 0.00% | −0.06 |
| MET Metlife Inc. | Reduce -66.3% | 0.03% | −0.06 |
| IBM Intl Business Machines Corp. | Reduce -19.6% | 0.34% | −0.06 |
| IT Gartner Inc. | Reduce -44.1% | 0.07% | −0.06 |
| AWK American Water Works Co. Inc. | Reduce -27.2% | 0.09% | −0.06 |
| LW Lamb Weston Holdings Inc. | Reduce -49.0% | 0.05% | −0.06 |
| URI United Rentals Inc. | Reduce -66.5% | 0.03% | −0.06 |
| D Dominion Energy Inc. | Reduce -75.8% | 0.02% | −0.06 |
| KHC The Kraft Heinz Co. | Reduce -24.8% | 0.11% | −0.05 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -28.2% | 0.15% | −0.05 |
| IDXX Idexx Laboratories Inc. | Reduce -12.8% | 0.18% | −0.05 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +0.7% | 4.41% | +1.75 |
| UBS UBS Group AG-Reg | Add +18.1% | 8.63% | +0.47 |
| AMZN Amazon.com Inc. | Add +7.7% | 2.19% | +0.29 |
| META Meta Platforms Inc. Class A | Add +38.0% | 0.61% | +0.25 |
| COR Cencora Inc. | Add +412.8% | 0.27% | +0.22 |
| PM Philip Morris International | Add +19.4% | 4.81% | +0.22 |
| PFE Pfizer Inc. | Add +95.5% | 0.51% | +0.21 |
| LLY Eli Lilly & Co. | Add +9.9% | 0.81% | +0.20 |
| EA Electronic Arts Inc. | Add +461.2% | 0.22% | +0.17 |
| DUK Duke Energy Corp. | New | 0.17% | +0.17 |
| CAH Cardinal Health Inc. | New | 0.15% | +0.15 |
| CBOE Cboe Global Markets Inc. | Add +2226.8% | 0.15% | +0.15 |
| VZ Verizon Communications Inc. | Add +31.2% | 0.60% | +0.14 |
| AMD Advanced Micro Devices | Add +16.9% | 0.59% | +0.13 |
| V Visa Inc. Class A | Add +16.5% | 1.18% | +0.13 |
| ALLY Ally Financial Inc. | Add +309.5% | 0.16% | +0.12 |
| KR Kroger Co. | Add +46.5% | 0.31% | +0.12 |
| MSFT Microsoft Corp. | Add +1.8% | 4.65% | +0.12 |
| LUOKUNG TECHNOLOGY CORP | Add +6.9% | 0.12% | +0.12 |
| CNH CNH Industrial NV | Add +11822.6% | 0.12% | +0.11 |
| LOW Lowe's Cos Inc. | Add +55.0% | 0.31% | +0.11 |
| MRK Merck & Co. Inc. | Add +17.0% | 0.51% | +0.11 |
| GE General Electric | Add +25.2% | 0.29% | +0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +16.9% | 0.52% | +0.10 |
| DELL Dell Technologies -C | Add +50.9% | 0.20% | +0.10 |
| PGR Progressive Corp. | Add +90.5% | 0.17% | +0.09 |
| FTNT Fortinet Inc. | Add +71.1% | 0.19% | +0.09 |
| ANET Arista Networks Inc. | Add +83.9% | 0.17% | +0.08 |
| TME Tencent Music Entertainm-ADR | Add +1027.8% | 0.09% | +0.08 |
| GIS General Mills Inc. | Add +52.0% | 0.25% | +0.08 |
| HPQ HP Inc. | Add +103.7% | 0.17% | +0.08 |
| PANW Palo Alto Networks Inc. | Add +52.5% | 0.31% | +0.08 |
| VTRS Viatris Inc. | Add +798.9% | 0.09% | +0.08 |
| HOOD Robinhood Markets Inc. Class A | Add +21404.0% | 0.08% | +0.08 |
| QFIN Qfin Holdings Inc.-ADR | Add +94.3% | 0.15% | +0.08 |
| ABBV Abbvie Inc. | Add +18.4% | 0.37% | +0.08 |
| CLX Clorox Company | Add +78.2% | 0.18% | +0.07 |
| DOCU Docusign Inc. | Add +391.1% | 0.09% | +0.07 |
| UBER Uber Technologies Inc. | Add +82.4% | 0.14% | +0.07 |
| BMY Bristol-Myers Squibb Co. | Add +35.1% | 0.31% | +0.07 |
| VRT Vertiv Holdings Co. Class A | Add +183.2% | 0.09% | +0.07 |
| AMAT Applied Materials Inc. | Add +0.5% | 0.52% | +0.07 |
| AVGO Broadcom Inc. | Add +7.8% | 0.50% | +0.07 |
| NUE Nucor Corp. | Add +74.6% | 0.15% | +0.07 |
| TT Trane Technologies PLC | Add +9.4% | 0.37% | +0.07 |
| MTD Mettler-Toledo International | Add +232.8% | 0.09% | +0.06 |
| DECK Deckers Outdoor Corp. | Add +15.1% | 0.20% | +0.06 |
| AON Aon PLC Class A | Add +131.2% | 0.11% | +0.06 |
| BLDR Builders Firstsource Inc. | Add +63.1% | 0.14% | +0.06 |
| ORCL Oracle Corp. | Add +17.8% | 0.30% | +0.06 |
Options Activity Q4 2023 → Q1 2024
| AAPL Apple Inc. | put | Sold out | 10 | $193Kbefore exit |
| C Citigroup Inc. | call | Sold out | 30 | $154Kbefore exit |
| COIN Coinbase Global Inc. Class A | put | New | 5 | $133K |
| MTCH Match Group Inc. | call | Sold out | 35 | $128Kbefore exit |
| WYNN WYNN Resorts Ltd. | call | Sold out | 10 | $91Kbefore exit |
| MRNA Moderna Inc. | call | Sold out | 5 | $50Kbefore exit |
| GEHC GE Healthcare Technology | call | Sold out | 5 | $39Kbefore exit |
| BMEA Biomea Fusion Inc. | call | New | 20 | $30K |
| CHPT Chargepoint Holdings Inc. | call | Reduce -50.0% | 50 | $10K |
| INVZ Innoviz Technologies Ltd. | call | New | 50 | $7K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | New | 2,913 | $1K |
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 | 815 | $2.4B | UBS, NVDA, MSFT, ALC, GOOGL |
| Q1 2026 | 874 | $2.7B | UBS, NVDA, AAPL, MSFT, ALC |
| Q4 2025 | 822 | $2.8B | UBS, NVDA, AAPL, MSFT, ALC |
| Q3 2025 | 815 | $2.7B | UBS, NVDA, AAPL, MSFT, ALC |
| Q2 2025 | 790 | $2.5B | UBS, NVDA, MSFT, ALC, AAPL |
| Q1 2025 | 832 | $2.3B | UBS, ALC, MSFT, AAPL, NVDA |
| Q3 2024 | 749 | $2.4B | UBS, MSFT, NVDA, AAPL, ALC |
| Q2 2024 | 986 | $2.5B | UBS, PM, MSFT, AAPL, NVDA |
| Q1 2024 | 984 | $2.6B | UBS, PM, MSFT, NVDA, ALC |