Banque Cantonale Vaudoise
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 20, 2026), Banque Cantonale Vaudoise reported 874 stock positions worth $2.7 billion. Its top holding was UBS Group AG-Reg (UBS) at 10.3% of the portfolio, followed by Nvidia (NVDA, 4.1%) and Apple (AAPL, 3.2%). Compared with Q4 2025, it opened 117 new positions, sold out of 65, added to 340 and reduced 286. The biggest buy was Amrize (AMRZ, shares +17%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −83%).
- Most Recent 13F
- Q2 2026
- Location
- LAUSANNE, V8
- CIK
- 0001793755
- Portfolio Value
- $2.7B (Q1 2026)
- SEC Filing
- 0001793755-26-000005 ↗ filed Apr 20, 2026
Holdings Value
Holdings 874 stocks · $2.7B
| UBS UBS Group AG-Reg | 10.28% | 7,141,370 | $273.1M | Add +6.0% |
| NVDA Nvidia Corp. | 4.14% | 631,537 | $110.1M | Add +4.3% |
| AAPL Apple Inc. | 3.23% | 338,359 | $85.9M | Reduce -13.6% |
| MSFT Microsoft Corp. | 3.12% | 223,993 | $82.9M | Add +4.4% |
| ALC Alcon Inc. filed as ALCON AG | 3.12% | 1,123,122 | $82.8M | Add +8.4% |
| GOOGL Alphabet Inc. Class A | 2.77% | 255,591 | $73.5M | Reduce -1.4% |
| AVGO Broadcom Inc. | 2.56% | 219,989 | $68.1M | Add +1.6% |
| AMRZ Amrize Ltd. | 1.92% | 941,472 | $50.9M | Add +16.9% |
| AMZN Amazon.com Inc. | 1.85% | 236,267 | $49.2M | Reduce -20.8% |
| V Visa Inc. Class A | 1.50% | 131,791 | $39.8M | Reduce -3.9% |
| LOGI Logitech International-Reg | 1.28% | 378,183 | $34.1M | Add +9.9% |
| META Meta Platforms Inc. Class A | 0.99% | 46,200 | $26.4M | Add +6.8% |
| JPM JPMorgan Chase & Co. | 0.99% | 89,596 | $26.4M | Add +6.4% |
| GOOG Alphabet Inc. Class C | 0.96% | 88,884 | $25.5M | Add +0.7% |
| LLY Eli Lilly & Co. | 0.93% | 26,844 | $24.7M | Add +26.3% |
| TSLA Tesla Inc. | 0.82% | 58,843 | $21.9M | Reduce -2.8% |
| MBB iShares MBS ETF | 0.77% | 216,000 | $20.5M | Reduce -13.9% |
| ABBV Abbvie Inc. | 0.77% | 94,191 | $20.5M | Add +0.6% |
| CSCO Cisco Systems Inc. | 0.77% | 263,955 | $20.5M | Reduce -6.5% |
| CAT Caterpillar Inc. | 0.74% | 27,837 | $19.7M | Reduce -8.2% |
| PG The Procter & Gamble Co. | 0.70% | 128,990 | $18.6M | Add +9.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.62% | 68,220 | $16.5M | Add +35.5% |
| KO The Coca-Cola Co. | 0.60% | 208,569 | $15.9M | Add +2.4% |
| XOM Exxon Mobil Corp. | 0.58% | 91,570 | $15.5M | Add +13.5% |
| AMAT Applied Materials Inc. | 0.58% | 45,348 | $15.5M | Reduce -1.7% |
| GS Goldman Sachs Group Inc. | 0.58% | 18,065 | $15.3M | Add +14.6% |
| MRK Merck & Co. Inc. | 0.57% | 126,173 | $15.2M | Add +5.2% |
| LRCX Lam Research Corp. | 0.56% | 69,320 | $14.8M | Add +54.8% |
| WMT Walmart Inc. | 0.53% | 113,114 | $14.1M | Add +5.4% |
| JNJ Johnson & Johnson | 0.52% | 56,052 | $13.7M | Reduce -1.3% |
| AMD Advanced Micro Devices | 0.50% | 65,701 | $13.4M | Add +8.1% |
| MS Morgan Stanley | 0.49% | 79,614 | $13.1M | Add +0.2% |
| WM Waste Management Inc. | 0.48% | 55,865 | $12.8M | Add +1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 25,845 | $12.4M | Add +6.6% |
| ORCL Oracle Corp. | 0.45% | 81,748 | $12.0M | Add +26.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.45% | 35,465 | $12.0M | Add +10.2% |
| HD Home Depot Inc. | 0.45% | 36,289 | $11.9M | Reduce -5.2% |
| NFLX Netflix Inc. | 0.41% | 112,418 | $10.8M | Add +19.9% |
| MU Micron Technology Inc. | 0.40% | 31,608 | $10.7M | Add +22.7% |
| GILD Gilead Sciences Inc. | 0.40% | 75,778 | $10.6M | Add +6.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.38% | 15,547 | $10.1M | Reduce -29.0% |
| GE General Electric filed as GE AEROSPACE | 0.38% | 35,411 | $10.0M | Add +5.8% |
| GEV GE Vernova Inc. | 0.37% | 11,375 | $9.9M | Reduce -8.7% |
| CRM Salesforce Inc. | 0.37% | 53,080 | $9.9M | Add +34.4% |
| UNP Union Pacific Corp. | 0.36% | 39,817 | $9.7M | Add +15.8% |
| PANW Palo Alto Networks Inc. | 0.35% | 58,257 | $9.3M | Reduce -3.0% |
| MCD McDonald's Corp. | 0.33% | 28,520 | $8.9M | Reduce -13.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 179,859 | $8.8M | Reduce -47.7% |
| DE Deere & Co. | 0.32% | 15,185 | $8.6M | Add +10.4% |
| INTC Intel Corp. | 0.32% | 190,544 | $8.4M | Add +5.2% |
| SYK Stryker Corp. | 0.31% | 25,380 | $8.3M | Add +30.1% |
| T AT&T Inc. | 0.31% | 287,444 | $8.3M | Add +25.8% |
| WFC Wells Fargo & Co. | 0.31% | 102,987 | $8.2M | Add +9.8% |
| ABT Abbott Laboratories | 0.30% | 78,755 | $8.1M | Reduce -18.3% |
| TXN Texas Instruments Inc. | 0.30% | 40,550 | $7.9M | Add +9.5% |
| ADI Analog Devices Inc. | 0.29% | 24,421 | $7.8M | Reduce -31.1% |
| MA Mastercard Inc. Class A | 0.29% | 15,494 | $7.7M | Add +2.8% |
| LOW Lowe's Cos Inc. | 0.29% | 32,675 | $7.7M | Reduce -11.7% |
| C Citigroup Inc. | 0.28% | 66,496 | $7.5M | Add +4.9% |
| IWM iShares Russell 2000 ETF | 0.28% | 30,243 | $7.5M | Add +3.4% |
| CB Chubb Ltd. | 0.28% | 22,930 | $7.5M | Add +47.4% |
| CCJ Cameco Corp. | 0.28% | 68,565 | $7.4M | Add +4.5% |
| CVX Chevron Corp. | 0.27% | 34,832 | $7.2M | Add +26.8% |
| ANET Arista Networks Inc. | 0.27% | 58,333 | $7.2M | Reduce -7.2% |
| WDC Western Digital Corp. | 0.27% | 26,165 | $7.1M | Reduce -50.5% |
| ETN Eaton Corp. PLC | 0.26% | 19,390 | $6.9M | Add +2.7% |
| NEE Nextera Energy Inc. | 0.26% | 74,072 | $6.9M | Add +80.7% |
| PLTR Palantir Technologies Inc. Class A | 0.26% | 46,901 | $6.9M | Add +33.8% |
| BMY Bristol-Myers Squibb Co. | 0.26% | 113,102 | $6.9M | Add +10.3% |
| ISRG Intuitive Surgical Inc. | 0.26% | 14,732 | $6.8M | Add +29.9% |
| SPGI S&P Global Inc. | 0.25% | 15,888 | $6.8M | Add +8.5% |
| DHR Danaher Corp. | 0.25% | 34,989 | $6.6M | Add +30.1% |
| AMGN Amgen Inc. | 0.24% | 18,444 | $6.5M | Reduce -14.2% |
| CMI Cummins Inc. | 0.24% | 11,954 | $6.4M | Add +76.2% |
| STX Seagate Technology Holdings | 0.24% | 16,187 | $6.3M | Reduce -36.1% |
| PGR Progressive Corp. | 0.24% | 31,909 | $6.3M | Reduce -3.4% |
| UBER Uber Technologies Inc. | 0.23% | 86,765 | $6.2M | Add +8.1% |
| HON Honeywell International Inc. | 0.23% | 27,541 | $6.2M | Add +6.7% |
| AXP American Express Co. | 0.23% | 20,503 | $6.2M | Add +11.3% |
| ZTS Zoetis Inc. | 0.23% | 51,935 | $6.1M | Reduce -27.1% |
| LIN Linde PLC | 0.23% | 12,206 | $6.1M | Add +22.4% |
| VZ Verizon Communications Inc. | 0.23% | 120,346 | $6.0M | Reduce -43.1% |
| TTE Totalenergies SE | 0.22% | 63,115 | $5.9M | New |
| MDT Medtronic PLC | 0.22% | 67,616 | $5.9M | Add +33.5% |
| MMM 3M Co. | 0.22% | 40,176 | $5.8M | Reduce -11.3% |
| COST Costco Wholesale Corp. | 0.22% | 5,811 | $5.8M | Add +30.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.22% | 9,957 | $5.7M | Reduce -82.8% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.22% | 48,304 | $5.7M | Add +15.5% |
| TT Trane Technologies PLC | 0.22% | 13,738 | $5.7M | Reduce -8.5% |
| MCK McKesson Corp. | 0.22% | 6,605 | $5.7M | Reduce -17.4% |
| ACN Accenture PLC Class A | 0.21% | 28,679 | $5.7M | Add +1.5% |
| GLD SPDR Gold Shares | 0.21% | 13,210 | $5.7M | Add +0.3% |
| ALL Allstate Corp. | 0.21% | 27,095 | $5.6M | Add +70.2% |
| WELL Welltower Inc. | 0.21% | 28,408 | $5.6M | Add +12.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.21% | 14,366 | $5.6M | Add +6.0% |
| NEM Newmont Corp. | 0.21% | 50,789 | $5.5M | Add +24.8% |
| RTX RTX Corp. | 0.21% | 28,392 | $5.5M | Add +46.1% |
| TMO Thermo Fisher Scientific Inc. | 0.21% | 11,118 | $5.5M | Add +33.7% |
| FTNT Fortinet Inc. | 0.20% | 66,248 | $5.4M | Reduce -30.0% |
| NET Cloudflare Inc. Class A | 0.20% | 26,124 | $5.4M | Add +7.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | 2,913 | $1K | No change |
Total filed on the 13F, all lines: $2.7B.
Portfolio Sells Q4 2025 → Q1 2026
| QQQ Invesco QQQ Trust Series 1 | Reduce -82.8% | 0.22% | −1.05 |
| AMZN Amazon.com Inc. | Reduce -20.8% | 1.85% | −0.61 |
| AAPL Apple Inc. | Reduce -13.6% | 3.23% | −0.57 |
| BAC Bank of America Corp. | Reduce -47.7% | 0.33% | −0.34 |
| V Visa Inc. Class A | Reduce -3.9% | 1.50% | −0.22 |
| HUM Humana Inc. | Reduce -64.6% | 0.05% | −0.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -29.0% | 0.38% | −0.15 |
| TSLA Tesla Inc. | Reduce -2.8% | 0.82% | −0.15 |
| SCCO Southern Copper Corp. | Reduce -71.5% | 0.07% | −0.13 |
| GOOGL Alphabet Inc. Class A | Reduce -1.4% | 2.77% | −0.13 |
| HPE Hewlett Packard Enterprise | Reduce -64.9% | 0.07% | −0.13 |
| ABT Abbott Laboratories | Reduce -18.3% | 0.30% | −0.13 |
| EME Emcor Group Inc. | Reduce -69.1% | 0.08% | −0.13 |
| PRU Prudential Financial Inc. | Reduce -65.4% | 0.05% | −0.11 |
| STLA Stellantis NV | Reduce -87.4% | 0.01% | −0.11 |
| SYF Synchrony Financial | Reduce -68.7% | 0.04% | −0.10 |
| FTV Fortive Corp. | Reduce -53.8% | 0.09% | −0.10 |
| YUM Yum! Brands Inc. | Reduce -55.0% | 0.09% | −0.09 |
| ZTS Zoetis Inc. | Reduce -27.1% | 0.23% | −0.09 |
| SBAC SBA Communications Corp. | Reduce -95.7% | 0.00% | −0.09 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -45.8% | 0.07% | −0.08 |
| NXPI NXP Semiconductors NV | Reduce -40.0% | 0.11% | −0.08 |
| MBB iShares MBS ETF | Reduce -13.9% | 0.77% | −0.08 |
| VZ Verizon Communications Inc. | Reduce -43.1% | 0.23% | −0.08 |
| TSCO Tractor Supply Company | Reduce -62.8% | 0.04% | −0.08 |
| BKNG Booking Holdings Inc. | Reduce -30.2% | 0.10% | −0.08 |
| CTSH Cognizant Tech Solutions-A | Reduce -74.4% | 0.02% | −0.08 |
| IT Gartner Inc. | Reduce -49.3% | 0.04% | −0.08 |
| IHE iShares US Pharmaceuticals E | Sold out | 0.00% | −0.07 |
| XYL Xylem Inc. | Reduce -59.1% | 0.04% | −0.07 |
| KHC The Kraft Heinz Co. | Reduce -52.7% | 0.06% | −0.07 |
| EBAY eBay Inc. | Reduce -55.2% | 0.07% | −0.07 |
| CNH CNH Industrial NV | Reduce -98.0% | 0.00% | −0.07 |
| FTNT Fortinet Inc. | Reduce -30.0% | 0.20% | −0.06 |
| COR Cencora Inc. | Reduce -35.0% | 0.11% | −0.06 |
| COF Capital One Financial Corp. | Reduce -9.7% | 0.16% | −0.06 |
| WDC Western Digital Corp. | Reduce -50.5% | 0.27% | −0.06 |
| VTRS Viatris Inc. | Sold out | 0.00% | −0.06 |
| FSLR First Solar Inc. | Reduce -34.8% | 0.06% | −0.06 |
| TRV The Travelers Cos Inc. | Reduce -34.1% | 0.13% | −0.06 |
| ARCC Ares Capital Corp. | Reduce -51.4% | 0.05% | −0.06 |
| APP AppLovin Corp. Class A | Reduce -8.1% | 0.07% | −0.06 |
| EIX Edison International | Reduce -78.3% | 0.02% | −0.05 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -94.2% | 0.00% | −0.05 |
| CBOE Cboe Global Markets Inc. | Reduce -49.5% | 0.08% | −0.05 |
| MCO Moody's Corp. | Reduce -16.5% | 0.16% | −0.05 |
| MDB Mongodb Inc. | Reduce -19.1% | 0.05% | −0.05 |
| ADI Analog Devices Inc. | Reduce -31.1% | 0.29% | −0.05 |
| CBRE CBRE Group Inc. Class A | Reduce -30.8% | 0.08% | −0.05 |
| NTNX Nutanix Inc. Class A | Reduce -96.3% | 0.00% | −0.05 |
Portfolio Buys Q4 2025 → Q1 2026
| AMRZ Amrize Ltd. | Add +16.9% | 1.92% | +0.34 |
| LRCX Lam Research Corp. | Add +54.8% | 0.56% | +0.28 |
| XOM Exxon Mobil Corp. | Add +13.5% | 0.58% | +0.24 |
| TTE Totalenergies SE | New | 0.22% | +0.22 |
| ALC Alcon Inc. | Add +8.4% | 3.12% | +0.16 |
| PBR Petroleo Brasileiro-Spon ADR | New | 0.16% | +0.16 |
| NEE Nextera Energy Inc. | Add +80.7% | 0.26% | +0.14 |
| MU Micron Technology Inc. | Add +22.7% | 0.40% | +0.14 |
| CVX Chevron Corp. | Add +26.8% | 0.27% | +0.12 |
| MRK Merck & Co. Inc. | Add +5.2% | 0.57% | +0.12 |
| CIEN Ciena Corp. | Add +43.1% | 0.20% | +0.12 |
| CMI Cummins Inc. | Add +76.2% | 0.24% | +0.12 |
| XP XP Inc. Class A | New | 0.11% | +0.11 |
| LLY Eli Lilly & Co. | Add +26.3% | 0.93% | +0.11 |
| NVDA Nvidia Corp. | Add +4.3% | 4.14% | +0.11 |
| KLAC KLA Corp. | Add +102.8% | 0.18% | +0.11 |
| T AT&T Inc. | Add +25.8% | 0.31% | +0.11 |
| CB Chubb Ltd. | Add +47.4% | 0.28% | +0.11 |
| GDX Vaneck Gold Miners ETF | Add +429.4% | 0.12% | +0.10 |
| WMT Walmart Inc. | Add +5.4% | 0.53% | +0.10 |
| TSM Taiwan Semiconductor-SP ADR | Add +10.2% | 0.45% | +0.10 |
| CME Cme Group Inc. | Add +155.1% | 0.15% | +0.10 |
| PG The Procter & Gamble Co. | Add +9.3% | 0.70% | +0.10 |
| DE Deere & Co. | Add +10.4% | 0.32% | +0.09 |
| ALL Allstate Corp. | Add +70.2% | 0.21% | +0.09 |
| NFLX Netflix Inc. | Add +19.9% | 0.41% | +0.09 |
| IBM Intl Business Machines Corp. | Add +35.5% | 0.62% | +0.09 |
| KO The Coca-Cola Co. | Add +2.4% | 0.60% | +0.09 |
| DG Dollar General Corp. | New | 0.09% | +0.09 |
| GILD Gilead Sciences Inc. | Add +6.8% | 0.40% | +0.09 |
| RBRK Rubrik Inc. Class A | Add +11299.0% | 0.09% | +0.09 |
| SQM Quimica Y Minera Chil-SP ADR | Add +292.0% | 0.10% | +0.08 |
| COST Costco Wholesale Corp. | Add +30.8% | 0.22% | +0.08 |
| GS Goldman Sachs Group Inc. | Add +14.6% | 0.58% | +0.08 |
| UNP Union Pacific Corp. | Add +15.8% | 0.36% | +0.08 |
| RTX RTX Corp. | Add +46.1% | 0.21% | +0.08 |
| INTC Intel Corp. | Add +5.2% | 0.32% | +0.08 |
| LIN Linde PLC | Add +22.4% | 0.23% | +0.08 |
| IGV iShares Expanded Tech-Softwa | New | 0.08% | +0.08 |
| TMUS T-Mobile US Inc. | Add +224.8% | 0.10% | +0.07 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +55.3% | 0.15% | +0.07 |
| PWR Quanta Services Inc. | Add +52.0% | 0.13% | +0.07 |
| GEHC GE Healthcare Technology | Add +16539.1% | 0.07% | +0.07 |
| SYK Stryker Corp. | Add +30.1% | 0.31% | +0.07 |
| BBD Banco Bradesco-ADR | New | 0.07% | +0.07 |
| TXN Texas Instruments Inc. | Add +9.5% | 0.30% | +0.07 |
| CCJ Cameco Corp. | Add +4.5% | 0.28% | +0.07 |
| RMD Resmed Inc. | New | 0.07% | +0.07 |
| FFIV F5 Inc. | Add +42.8% | 0.16% | +0.06 |
| IWD iShares Russell 1000 Value E | New | 0.06% | +0.06 |
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 |