Banque Pictet & Cie SA

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 6, 2024), Banque Pictet & Cie SA reported 330 stock positions worth $9.5 billion. Its top holding was Amazon.com (AMZN) at 10.7% of the portfolio, followed by Alphabet Class C (GOOG, 6.2%) and McDonald's (MCD, 5.1%). Compared with Q4 2023, it opened 35 new positions, sold out of 29, added to 100 and reduced 124. The biggest buy was Waste Management (WM, shares +8299%) and the biggest sale Colgate-Palmolive (CL, shares −96%).

Most Recent 13F
Q2 2026
Location
GENEVA 73, V8
CIK
0001535602
Portfolio Value
$9.5B (Q1 2024)
SEC Filing
0001535602-24-000004 ↗ filed May 6, 2024

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $9.5B $9.5B Q1 2024 Q2 2024: $9.8B Q2 2024 Q3 2024: $10.1B Q3 2024 Q4 2024: $10.3B Q4 2024 Q1 2025: $9.4B Q1 2025 Q2 2025: $9.6B Q2 2025 Q3 2025: $10.0B Q3 2025 Q4 2025: $10.0B Q4 2025 Q1 2026: $8.6B Q1 2026 Q2 2026: $9.7B Q2 2026

Holdings 330 stocks · $9.5B

AMZN Amazon.com Inc. 10.71% 5,658,903 $1.0B Add +2.6%
GOOG Alphabet Inc. Class C 6.24% 3,903,889 $594.4M Add +0.3%
MCD McDonald's Corp. 5.10% 1,723,277 $485.9M Add +0.9%
PEP Pepsico Inc. 4.88% 2,658,473 $465.3M Add +1.0%
GOOGL Alphabet Inc. Class A 4.54% 2,864,612 $432.4M Add +3.5%
MA Mastercard Inc. Class A 4.50% 890,102 $428.6M Reduce -0.2%
ZTS Zoetis Inc. 4.43% 2,493,991 $422.0M Add +0.4%
MSFT Microsoft Corp. 4.15% 942,652 $394.9M Add +5.2%
WM Waste Management Inc. 4.06% 1,814,196 $386.7M Add +8299.1%
TXN Texas Instruments Inc. 3.87% 2,118,253 $369.0M Add +1.4%
MRNA Moderna Inc. 3.54% 3,161,729 $336.9M Add +0.9%
NKE Nike Inc. Class B 3.33% 3,378,475 $317.5M Reduce -0.1%
META Meta Platforms Inc. Class A 2.61% 511,112 $248.2M Add +8.1%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 2.44% 1,510,551 $232.9M Reduce -5.1%
V Visa Inc. Class A 1.65% 562,056 $156.9M Reduce -27.5%
MRK Merck & Co. Inc. 1.55% 1,120,444 $147.8M Add +52.2%
NVDA Nvidia Corp. 1.39% 146,199 $132.1M Add +42.9%
CRM Salesforce Inc. 1.30% 411,043 $123.8M Reduce -5.0%
UNH Unitedhealth Group Inc. 1.29% 248,422 $122.9M Reduce -6.0%
TMO Thermo Fisher Scientific Inc. 1.19% 195,090 $113.4M Reduce -2.7%
TSM Taiwan Semiconductor-SP ADR 1.10% 768,043 $104.5M Add +18.2%
WFC Wells Fargo & Co. 0.78% 1,289,104 $74.7M Reduce -3.1%
AMD Advanced Micro Devices 0.66% 350,516 $63.3M Reduce -5.8%
ROL Rollins Inc. 0.65% 1,333,400 $61.7M Add +3.7%
MDT Medtronic PLC 0.65% 706,675 $61.6M Add +2.1%
AAPL Apple Inc. 0.60% 332,877 $57.1M Add +8.4%
AVGO Broadcom Inc. 0.60% 42,946 $56.9M Add +21.5%
LIN Linde PLC 0.58% 119,794 $55.6M Add +1.3%
CMG Chipotle Mexican Grill Inc. 0.56% 18,515 $53.8M Add +7.6%
HON Honeywell International Inc. 0.56% 260,929 $53.6M Add +1.4%
DHR Danaher Corp. 0.55% 210,096 $52.5M Add +1.0%
MCO Moody's Corp. 0.52% 126,180 $49.6M Add +0.2%
LLY Eli Lilly & Co. 0.51% 62,839 $48.9M Reduce -3.3%
ABT Abbott Laboratories 0.48% 400,442 $45.5M Reduce -1.8%
ADBE Adobe Inc. 0.44% 83,793 $42.3M Add +11.9%
NEOG Neogen Corp. 0.44% 2,669,300 $42.1M Add +2.8%
EA Electronic Arts Inc. 0.44% 314,751 $41.8M Add +3.3%
PG The Procter & Gamble Co. 0.42% 245,465 $39.8M Reduce -1.7%
CI The Cigna Group 0.38% 98,726 $35.9M Add +28.8%
BKNG Booking Holdings Inc. 0.34% 9,003 $32.7M Add +0.8%
DE Deere & Co. 0.34% 78,100 $32.1M Add +1.6%
ISRG Intuitive Surgical Inc. 0.31% 74,962 $29.9M Add +4.3%
CVX Chevron Corp. 0.31% 186,630 $29.4M Reduce -6.4%
ONON On Holding AG Class A filed as ON HLDG AG 0.31% 832,025 $29.4M Reduce -0.1%
CTAS Cintas Corp. 0.30% 42,096 $28.9M Add +5.4%
JNJ Johnson & Johnson 0.30% 179,995 $28.5M Reduce -1.5%
OTIS Otis Worldwide Corp. 0.30% 285,678 $28.4M Add +2.2%
AME Ametek Inc. 0.29% 152,066 $27.8M Add +4.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.28% 707,820 $26.8M Add +4.7%
SBUX Starbucks Corp. 0.27% 283,904 $25.8M Add +2.5%
BSX Boston Scientific Corp. 0.26% 357,985 $24.5M Reduce -3.1%
ICE Intercontinental Exchange Inc. 0.24% 164,706 $22.6M Reduce -4.7%
EOG EOG Resources Inc. 0.23% 174,953 $22.4M Reduce -3.0%
AON Aon PLC Class A 0.23% 65,844 $22.0M Add +8.2%
UBS UBS Group AG-Reg 0.22% 667,071 $20.5M Reduce -8.5%
ADSK Autodesk Inc. 0.21% 76,715 $20.0M Add +4.5%
DXCM Dexcom Inc. 0.20% 140,233 $19.5M Reduce -9.1%
PANW Palo Alto Networks Inc. 0.20% 66,475 $18.9M Add +57.3%
LYB Lyondellbasell Indu Class A 0.19% 173,417 $17.7M Add +2.5%
ABNB Airbnb Inc. Class A 0.18% 103,476 $17.1M Reduce -1.7%
CL Colgate-Palmolive Co. 0.18% 185,287 $16.7M Reduce -95.9%
WDAY Workday Inc. Class A 0.17% 60,801 $16.6M Add +14.8%
ABBV Abbvie Inc. 0.17% 86,337 $15.7M Reduce -6.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 29,806 $15.6M Reduce -9.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.16% 150,844 $15.3M Reduce -1.7%
PM Philip Morris International 0.16% 165,867 $15.2M Reduce -3.2%
HOOD Robinhood Markets Inc. Class A 0.15% 718,400 $14.5M No change
SYK Stryker Corp. 0.15% 40,242 $14.4M Add +18.5%
ALC Alcon Inc. filed as ALCON AG 0.15% 169,994 $14.1M Add +25.2%
CME Cme Group Inc. 0.15% 64,686 $13.9M Add +7.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.14% 235,906 $12.9M Add +14.8%
MDLZ Mondelez International Inc. Class A 0.13% 183,397 $12.8M Add +2.7%
BRK.B Berkshire Hathaway Inc. Class B 0.13% 29,375 $12.4M Add +476.0%
PYPL PayPal Holdings Inc. 0.12% 174,381 $11.7M Reduce -2.3%
NFLX Netflix Inc. 0.12% 18,882 $11.5M Add +77.3%
MU Micron Technology Inc. 0.12% 97,119 $11.4M Add +47.6%
TSLA Tesla Inc. 0.12% 64,849 $11.4M Reduce -33.5%
NVR NVR Inc. 0.12% 1,395 $11.3M Reduce -5.8%
SOPH Sophia Genetics SA 0.11% 2,197,220 $10.8M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.11% 56,409 $10.8M No change
LOW Lowe's Cos Inc. 0.11% 42,209 $10.8M Reduce -10.4%
NTRA Natera Inc. 0.11% 117,199 $10.7M Reduce -8.7%
CRH CRH PLC 0.11% 122,570 $10.6M Reduce -0.4%
LRCX Lam Research Corp. 0.11% 10,645 $10.3M Reduce -10.2%
ETSY Etsy Inc. 0.11% 149,584 $10.3M Add +17.3%
IOVA Iovance Biotherapeutics Inc. 0.11% 689,356 $10.2M Reduce -11.4%
JPM JPMorgan Chase & Co. 0.11% 50,860 $10.2M Add +19.9%
AMAT Applied Materials Inc. 0.10% 48,361 $9.9M Reduce -10.0%
DHI D.R. Horton Inc. 0.10% 58,192 $9.6M Reduce -4.5%
SCHW Schwab (charles) Corp. 0.10% 132,076 $9.6M Reduce -3.2%
DG Dollar General Corp. 0.10% 61,190 $9.5M Add +1.2%
PKG Packaging Corp. of America 0.10% 50,078 $9.5M Reduce -3.6%
TGT Target Corp. 0.10% 53,345 $9.5M Reduce -11.2%
VRTX Vertex Pharmaceuticals Inc. 0.10% 22,240 $9.3M Reduce -4.2%
AFL Aflac Inc. 0.10% 108,123 $9.3M Reduce -0.8%
AMP Ameriprise Financial Inc. 0.10% 21,111 $9.3M Reduce -3.5%
NEM Newmont Corp. 0.10% 253,940 $9.1M No change
MAR Marriott International Class A 0.09% 35,628 $9.0M Reduce -10.3%
SPGI S&P Global Inc. 0.09% 21,126 $9.0M Add +71.7%
PH Parker Hannifin Corp. 0.09% 16,085 $8.9M No change

Show all 330 holdings

Options reported separately and not counted above: TSLA puts ($662.0M), TSLA calls ($421.9M), NVDA calls ($17.0M), CROX calls ($7.2M), EXAS calls ($3.9M), NTR calls ($2.3M), EL puts ($966K), MOS calls ($941K), GOOG calls ($898K), DB calls ($797K), PYPL calls ($544K), AMZN calls ($541K), and 5 more.

Portfolio Sells Q4 2023 → Q1 2024

CL Colgate-Palmolive Co. Reduce -95.9% 0.18% −3.87
NKE Nike Inc. Class B Reduce -0.1% 3.33% −0.81
V Visa Inc. Class A Reduce -27.5% 1.65% −0.63
UNH Unitedhealth Group Inc. Reduce -6.0% 1.29% −0.28
EL Estee Lauder Companies Class A Reduce -5.1% 2.44% −0.18
NIO Nio Inc. - ADR Sold out 0.00% −0.17
TSLA Tesla Inc. Reduce -33.5% 0.12% −0.15
NOVAQ Sunnova Energy International Sold out 0.00% −0.13
ZBRA Zebra Technologies Corp. Class A Reduce -91.6% 0.01% −0.10
EVGO Evgo Inc. Sold out 0.00% −0.10
EXAS Exact Sciences Corp. Reduce -40.5% 0.08% −0.08
SPY SS SPDR S&P 500 ETF Trust-US Reduce -9.4% 0.16% −0.07
HDB HDFC Bank Ltd.-ADR Reduce -63.7% 0.03% −0.07
WST West Pharmaceutical Services Sold out 0.00% −0.06
SHV iShares 0-1 Year Treasury Bo Reduce -39.2% 0.07% −0.05
TXG 10X Genomics Inc. Class A Sold out 0.00% −0.05
RGEN Repligen Corp. Reduce -52.6% 0.04% −0.05
XBI SS SPDR S&P Biotech ETF Reduce -45.7% 0.05% −0.05
INFY Infosys Ltd.-SP ADR Reduce -65.6% 0.02% −0.04
UPST Upstart Holdings Inc. Sold out 0.00% −0.03
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -84.0% 0.01% −0.03
ABT Abbott Laboratories Reduce -1.8% 0.48% −0.03
INDA iShares MSCI India ETF Reduce -28.4% 0.07% −0.03
NVCR Novocure Ltd. Sold out 0.00% −0.03
CVX Chevron Corp. Reduce -6.4% 0.31% −0.03
JNJ Johnson & Johnson Reduce -1.5% 0.30% −0.02
PM Philip Morris International Reduce -3.2% 0.16% −0.02
EXPE Expedia Group Inc. Reduce -3.0% 0.09% −0.02
APTV Aptiv Irish Holdings Ltd. Reduce -9.2% 0.06% −0.02
B Barrick Gold Corp. Reduce -7.9% 0.06% −0.02
ROK Rockwell Automation Inc. Reduce -3.5% 0.08% −0.02
IBN Icici Bank Ltd.-Spon ADR Reduce -34.1% 0.03% −0.01
WH Wyndham Hotels & Resorts Inc. Reduce -3.7% 0.08% −0.01
VCSH Vanguard S/T Corp. Bond ETF Reduce -73.8% 0.00% −0.01
ICLR Icon PLC Reduce -29.3% 0.05% −0.01
ICE Intercontinental Exchange Inc. Reduce -4.7% 0.24% −0.01
IMVT Immunovant Inc. Reduce -8.7% 0.02% −0.01
EXPD Expeditors Intl Wash Inc. Reduce -3.4% 0.08% −0.01
DXCM Dexcom Inc. Reduce -9.1% 0.20% −0.01
EOG EOG Resources Inc. Reduce -3.0% 0.23% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -2.7% 1.19% −0.01
UNP Union Pacific Corp. Reduce -3.6% 0.09% −0.01
VRTX Vertex Pharmaceuticals Inc. Reduce -4.2% 0.10% −0.01
IEF iShares 7-10 Year Treasury B Reduce -62.6% 0.00% −0.01
ARWR Arrowhead Pharmaceuticals Inc. Reduce -8.7% 0.03% −0.01
XLP SS Consumer Staples Sel Sect Reduce -37.1% 0.01% −0.01
EEM iShares MSCI Emerging Market Reduce -3.1% 0.09% −0.01
VCIT Vanguard Int-Term Corporate Sold out 0.00% −0.01
MAR Marriott International Class A Reduce -10.3% 0.09% −0.01
CEF Sprott Physical Gold and Sil Reduce -68.6% 0.00% −0.01

Portfolio Buys Q4 2023 → Q1 2024

WM Waste Management Inc. Add +8299.1% 4.06% +4.02
AMZN Amazon.com Inc. Add +2.6% 10.71% +1.26
NVDA Nvidia Corp. Add +42.9% 1.39% +0.81
META Meta Platforms Inc. Class A Add +8.1% 2.61% +0.71
MRK Merck & Co. Inc. Add +52.2% 1.55% +0.65
MSFT Microsoft Corp. Add +5.2% 4.15% +0.34
TSM Taiwan Semiconductor-SP ADR Add +18.2% 1.10% +0.33
GOOGL Alphabet Inc. Class A Add +3.5% 4.54% +0.17
AVGO Broadcom Inc. Add +21.5% 0.60% +0.15
CMG Chipotle Mexican Grill Inc. Add +7.6% 0.56% +0.12
CI The Cigna Group Add +28.8% 0.38% +0.12
BRK.B Berkshire Hathaway Inc. Class B Add +476.0% 0.13% +0.11
NFLX Netflix Inc. Add +77.3% 0.12% +0.06
PANW Palo Alto Networks Inc. Add +57.3% 0.20% +0.06
MU Micron Technology Inc. Add +47.6% 0.12% +0.06
VERX Vertex Inc. Class A New 0.05% +0.05
ALC Alcon Inc. Add +25.2% 0.15% +0.05
GOOG Alphabet Inc. Class C Add +0.3% 6.24% +0.05
PCVX Vaxcyte Inc. New 0.04% +0.04
ISRG Intuitive Surgical Inc. Add +4.3% 0.31% +0.04
ITA iShares U.S. Aerospace & Def New 0.04% +0.04
QCOM Qualcomm Inc. Add +871.6% 0.04% +0.04
SYK Stryker Corp. Add +18.5% 0.15% +0.04
LIN Linde PLC Add +1.3% 0.58% +0.04
P Everpure Inc. Class A Add +91.3% 0.06% +0.03
SPGI S&P Global Inc. Add +71.7% 0.09% +0.03
MGNX Macrogenics Inc. New 0.03% +0.03
CTAS Cintas Corp. Add +5.4% 0.30% +0.03
AON Aon PLC Class A Add +8.2% 0.23% +0.03
JPM JPMorgan Chase & Co. Add +19.9% 0.11% +0.03
BAC Bank of America Corp. Add +4.7% 0.28% +0.02
GLW Corning Inc. New 0.02% +0.02
GDXJ Vaneck Junior Gold Miners New 0.02% +0.02
GMED Globus Medical Inc. Class A Add +56.8% 0.07% +0.02
DIS The Walt Disney Co. Add +18.4% 0.07% +0.02
AME Ametek Inc. Add +4.3% 0.29% +0.02
MRNA Moderna Inc. Add +0.9% 3.54% +0.02
BSV Vanguard Short-Term Bond ETF New 0.02% +0.02
VGIT Vanguard Intermediate-Term T New 0.02% +0.02
ETN Eaton Corp. PLC Add +5.6% 0.07% +0.02
OTIS Otis Worldwide Corp. Add +2.2% 0.30% +0.02
SLB SLB Ltd. Add +14.8% 0.14% +0.01
PYLD PIMCO Multisector Bond Actv New 0.01% +0.01
ROL Rollins Inc. Add +3.7% 0.65% +0.01
VIS Vanguard Industrials ETF New 0.01% +0.01
FRO Frontline PLC New 0.01% +0.01
EWH iShares MSCI Hong Kong ETF Add +81.9% 0.04% +0.01
GS Goldman Sachs Group Inc. Add +155.5% 0.02% +0.01
ACN Accenture PLC Class A Add +43.3% 0.05% +0.01
DBX Dropbox Inc. Class A Add +76.2% 0.04% +0.01

Options Activity Q4 2023 → Q1 2024

TSLA Tesla Inc. put Reduce -49.9% 3,766,011 $662.0M
TSLA Tesla Inc. call Reduce -50.0% 2,400,000 $421.9M
META Meta Platforms Inc. Class A call Sold out 210,000 $74.3Mbefore exit
AMD Advanced Micro Devices call Sold out 266,000 $39.2Mbefore exit
NVDA Nvidia Corp. call Reduce -36.5% 18,760 $17.0M
NVCR Novocure Ltd. put Sold out 750,000 $11.2Mbefore exit
NVCR Novocure Ltd. call Sold out 750,000 $11.2Mbefore exit
CROX Crocs Inc. call Add +100.0% 50,000 $7.2M
EXAS Exact Sciences Corp. call New 57,164 $3.9M
NTR Nutrien Ltd. call Add +42.7% 42,806 $2.3M
CM Can Imperial BK of Commerce call Sold out 16,776 $1.1Mbefore exit
MOS The Mosaic Co. call Reduce -50.0% 29,000 $941K
UBS UBS Group AG-Reg put Sold out 35,914 $937Kbefore exit
GOOG Alphabet Inc. Class C call New 5,900 $898K
DB Deutsche Bank AG-Registered call Reduce -33.3% 50,632 $797K
PYPL PayPal Holdings Inc. call Reduce -50.0% 8,120 $544K
AMZN Amazon.com Inc. call New 3,000 $541K
LYFT LYFT Inc. Class A call Reduce -50.0% 21,740 $421K
BIIB Biogen Inc. call Reduce -33.3% 1,900 $410K
AMD Advanced Micro Devices put Sold out 2,612 $385Kbefore exit
NFLX Netflix Inc. call Reduce -52.7% 620 $377K
EQIX Equinix Inc. put Sold out 305 $246Kbefore exit
LOGI Logitech International-Reg put Sold out 2,566 $205Kbefore exit

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

BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal Sold out 568,000 $586Kbefore exit
NTR Nutrien Ltd. COM Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 319$9.7BAMZN, MSFT, GOOGL, GOOG, MA
Q1 2026 374$8.6BAMZN, MSFT, GOOG, GOOGL, MCD
Q4 2025 384$10.0BAMZN, MSFT, GOOG, GOOGL, MA
Q3 2025 375$10.0BAMZN, GOOG, GOOGL, MA, MCD
Q2 2025 346$9.6BAMZN, GOOG, MA, MCD, TXN
Q1 2025 374$9.4BAMZN, GOOG, MCD, MA, WM
Q4 2024 303$10.3BAMZN, GOOG, GOOGL, MA, MCD
Q3 2024 282$10.1BAMZN, GOOG, ZTS, MCD, GOOGL
Q2 2024 280$9.8BAMZN, GOOG, GOOGL, MSFT, PEP
Q1 2024 330$9.5BAMZN, GOOG, MCD, PEP, GOOGL