Banque Pictet & Cie SA
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 21, 2025), Banque Pictet & Cie SA reported 375 stock positions worth $10.0 billion. Its top holding was Amazon.com (AMZN) at 11.9% of the portfolio, followed by Alphabet Class C (GOOG, 9.9%) and Alphabet Class A (GOOGL, 5.7%). Compared with Q2 2025, it opened 44 new positions, sold out of 15, added to 87 and reduced 177. The biggest buy was Alphabet Class C (GOOG, shares +0%) and the biggest sale Nike Class B (NKE, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- GENEVA 73, V8
- CIK
- 0001535602
- Portfolio Value
- $10.0B (Q3 2025)
- SEC Filing
- 0001535602-25-000021 ↗ filed Oct 21, 2025
Holdings Value
Holdings 375 stocks · $10.0B
| AMZN Amazon.com Inc. | 11.90% | 5,396,206 | $1.2B | Add +0.5% |
| GOOG Alphabet Inc. Class C | 9.86% | 4,031,851 | $982.0M | Add +0.0% |
| GOOGL Alphabet Inc. Class A | 5.67% | 2,323,700 | $564.9M | Reduce -3.1% |
| MA Mastercard Inc. Class A | 5.08% | 889,528 | $506.0M | Add +0.4% |
| MCD McDonald's Corp. | 4.78% | 1,566,124 | $475.9M | Reduce -0.8% |
| MSFT Microsoft Corp. | 4.63% | 893,869 | $461.4M | Add +1.7% |
| WM Waste Management Inc. | 4.08% | 1,840,485 | $406.4M | Reduce -0.1% |
| TXN Texas Instruments Inc. | 3.97% | 2,149,348 | $394.9M | Add +0.1% |
| ZTS Zoetis Inc. | 3.72% | 2,531,452 | $370.4M | Reduce -0.1% |
| NVDA Nvidia Corp. | 2.78% | 1,481,995 | $276.5M | Add +6.4% |
| META Meta Platforms Inc. Class A | 2.59% | 351,864 | $258.4M | Add +1.5% |
| TSM Taiwan Semiconductor-SP ADR | 1.55% | 554,944 | $154.8M | Reduce -0.5% |
| MSCI MSCI Inc. | 1.47% | 257,285 | $146.0M | New |
| V Visa Inc. Class A | 1.39% | 406,202 | $138.7M | Reduce -1.9% |
| WFC Wells Fargo & Co. | 1.00% | 1,192,045 | $99.9M | Reduce -0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.00% | 149,501 | $99.6M | Add +5.8% |
| AAPL Apple Inc. | 0.87% | 342,137 | $87.1M | Reduce -11.2% |
| UNH Unitedhealth Group Inc. | 0.87% | 250,954 | $86.7M | Add +3.7% |
| PG The Procter & Gamble Co. | 0.83% | 540,493 | $83.0M | Reduce -13.8% |
| MRNA Moderna Inc. | 0.81% | 3,130,724 | $80.9M | Reduce -0.1% |
| CRM Salesforce Inc. | 0.80% | 337,191 | $79.9M | Add +8.2% |
| ABBV Abbvie Inc. | 0.78% | 333,971 | $77.3M | Add +89.2% |
| PM Philip Morris International | 0.74% | 451,341 | $73.2M | Reduce -6.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.72% | 119,722 | $71.6M | Reduce -0.3% |
| ETN Eaton Corp. PLC | 0.69% | 183,844 | $68.8M | Add +8.1% |
| AVGO Broadcom Inc. | 0.69% | 207,643 | $68.5M | Reduce -4.4% |
| ROL Rollins Inc. | 0.67% | 1,132,640 | $66.5M | Reduce -1.6% |
| MRK Merck & Co. Inc. | 0.66% | 788,353 | $66.2M | Reduce -23.8% |
| LLY Eli Lilly & Co. | 0.61% | 79,739 | $60.8M | Reduce -3.9% |
| MRSH Marsh & McLennan Cos | 0.61% | 301,059 | $60.7M | Add +32.1% |
| SYK Stryker Corp. | 0.60% | 161,566 | $59.7M | Reduce -9.4% |
| AMD Advanced Micro Devices | 0.60% | 366,801 | $59.3M | Add +4.8% |
| OC Owens Corning | 0.56% | 393,026 | $55.6M | Add +141.1% |
| ORLY O'reilly Automotive Inc. | 0.54% | 501,642 | $54.1M | Reduce -1.1% |
| UBS UBS Group AG-Reg | 0.53% | 1,302,988 | $53.2M | Add +26.1% |
| ALC Alcon Inc. filed as ALCON AG | 0.49% | 648,707 | $48.3M | Add +16.9% |
| MU Micron Technology Inc. | 0.48% | 285,975 | $47.8M | Add +6.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.47% | 62 | $46.8M | Reduce -31.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.44% | 847,864 | $43.7M | Add +2.2% |
| MCO Moody's Corp. | 0.39% | 82,068 | $39.1M | Reduce -6.3% |
| UBER Uber Technologies Inc. | 0.39% | 396,933 | $38.9M | Add +27.3% |
| ADBE Adobe Inc. | 0.38% | 108,106 | $38.1M | Reduce -4.0% |
| NFLX Netflix Inc. | 0.38% | 31,540 | $37.8M | Add +16.1% |
| CMG Chipotle Mexican Grill Inc. | 0.36% | 923,632 | $36.2M | Reduce -4.6% |
| DHI D.R. Horton Inc. | 0.36% | 209,545 | $35.5M | Reduce -50.6% |
| DE Deere & Co. | 0.36% | 77,505 | $35.4M | Reduce -0.7% |
| LIN Linde PLC | 0.36% | 74,573 | $35.4M | Reduce -20.9% |
| JNJ Johnson & Johnson | 0.34% | 180,819 | $33.5M | Reduce -0.4% |
| PEP Pepsico Inc. | 0.33% | 235,157 | $33.0M | Reduce -81.6% |
| AIQ Global X Art Intel & Tech | 0.33% | 661,864 | $32.7M | New |
| BSX Boston Scientific Corp. | 0.31% | 312,443 | $30.5M | Reduce -8.3% |
| ABT Abbott Laboratories | 0.30% | 222,662 | $29.8M | Reduce -26.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 194,561 | $28.1M | Reduce -18.3% |
| BKNG Booking Holdings Inc. | 0.27% | 4,970 | $26.8M | Reduce -34.4% |
| CVX Chevron Corp. | 0.26% | 166,699 | $25.9M | Reduce -0.5% |
| FCX Freeport-McMoran Inc. | 0.24% | 617,426 | $24.2M | Add +3.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 47,186 | $23.7M | Reduce -39.9% |
| SE Sea Ltd.-ADR | 0.24% | 131,218 | $23.5M | Add +7.6% |
| VERX Vertex Inc. Class A | 0.23% | 944,070 | $23.4M | Reduce -1.5% |
| CTAS Cintas Corp. | 0.23% | 112,912 | $23.2M | No change |
| EOG EOG Resources Inc. | 0.23% | 205,192 | $23.0M | Add +13.9% |
| NKE Nike Inc. Class B | 0.21% | 305,333 | $21.3M | Reduce -90.7% |
| LRCX Lam Research Corp. | 0.21% | 156,614 | $21.0M | Reduce -14.2% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 40,264 | $19.5M | Add +26.4% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.19% | 228,670 | $19.2M | Add +0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 67,362 | $19.0M | Add +90.5% |
| UNP Union Pacific Corp. | 0.19% | 78,656 | $18.6M | Add +106.0% |
| MELI MercadoLibre Inc. | 0.18% | 7,581 | $17.7M | Add +11.6% |
| JPM JPMorgan Chase & Co. | 0.18% | 55,967 | $17.7M | Add +6.5% |
| EA Electronic Arts Inc. | 0.18% | 86,839 | $17.5M | Reduce -4.5% |
| WDAY Workday Inc. Class A | 0.17% | 71,608 | $17.2M | Add +9.7% |
| CME Cme Group Inc. | 0.16% | 60,768 | $16.4M | Reduce -1.4% |
| SW Smurfit Westrock PLC | 0.16% | 378,052 | $16.1M | Add +6.3% |
| ISRG Intuitive Surgical Inc. | 0.16% | 34,617 | $15.5M | Reduce -8.3% |
| ABNB Airbnb Inc. Class A | 0.15% | 125,865 | $15.3M | Add +25.5% |
| ADSK Autodesk Inc. | 0.15% | 47,700 | $15.2M | Add +29.9% |
| NEM Newmont Corp. | 0.15% | 176,870 | $14.9M | Add +39.4% |
| CQQQ Invesco China Technology ETF | 0.15% | 246,027 | $14.5M | Add +85.4% |
| VRSN Verisign Inc. | 0.15% | 51,895 | $14.5M | Add +28.6% |
| PANW Palo Alto Networks Inc. | 0.14% | 69,034 | $14.1M | Add +25.9% |
| KO The Coca-Cola Co. | 0.14% | 209,019 | $13.9M | Add +2.3% |
| EXPE Expedia Group Inc. | 0.14% | 64,758 | $13.8M | Reduce -9.4% |
| SCHW Schwab (charles) Corp. | 0.14% | 142,533 | $13.6M | Reduce -0.5% |
| MS Morgan Stanley | 0.14% | 85,228 | $13.5M | Reduce -2.4% |
| HOOD Robinhood Markets Inc. Class A | 0.13% | 92,256 | $13.2M | Reduce -48.7% |
| ICE Intercontinental Exchange Inc. | 0.13% | 78,257 | $13.2M | Reduce -14.0% |
| DG Dollar General Corp. | 0.13% | 122,985 | $12.7M | Reduce -0.4% |
| NVR NVR Inc. | 0.13% | 1,557 | $12.5M | Reduce -0.4% |
| CRH CRH PLC | 0.12% | 102,553 | $12.3M | Add +1.4% |
| AFL Aflac Inc. | 0.12% | 108,591 | $12.1M | Reduce -0.4% |
| DHR Danaher Corp. | 0.12% | 60,630 | $12.0M | Reduce -1.4% |
| AMAT Applied Materials Inc. | 0.12% | 57,886 | $11.8M | Reduce -0.0% |
| PKG Packaging Corp. of America | 0.12% | 53,337 | $11.6M | Reduce -0.3% |
| HON Honeywell International Inc. | 0.12% | 55,155 | $11.6M | Reduce -61.2% |
| HUM Humana Inc. | 0.12% | 44,524 | $11.6M | Reduce -0.4% |
| EEM iShares MSCI Emerging Market | 0.12% | 215,866 | $11.5M | Add +0.4% |
| PINS Pinterest Inc. Class A | 0.12% | 357,358 | $11.5M | Add +7.7% |
| ROK Rockwell Automation Inc. | 0.11% | 32,409 | $11.3M | Add +0.2% |
| WYNN WYNN Resorts Ltd. | 0.11% | 88,283 | $11.3M | Reduce -10.6% |
| CL Colgate-Palmolive Co. | 0.11% | 139,760 | $11.2M | Reduce -36.9% |
Options reported separately and not counted above: TSLA calls ($3.8B), TSLA puts ($3.3B), NVDA calls ($40.2M), NTR calls ($5.0M), EXAS calls ($4.7M), MU calls ($2.7M), AAPL puts ($2.7M), UNH puts ($2.6M), AMZN calls ($2.4M), DOCU puts ($1.7M), NVDA puts ($1.4M), MOS calls ($1.4M), and 10 more.
Portfolio Sells Q2 2025 → Q3 2025
| NKE Nike Inc. Class B | Reduce -90.7% | 0.21% | −2.21 |
| PEP Pepsico Inc. | Reduce -81.6% | 0.33% | −1.43 |
| ZTS Zoetis Inc. | Reduce -0.1% | 3.72% | −0.40 |
| WM Waste Management Inc. | Reduce -0.1% | 4.08% | −0.31 |
| HON Honeywell International Inc. | Reduce -61.2% | 0.12% | −0.23 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -31.1% | 0.47% | −0.21 |
| DHI D.R. Horton Inc. | Reduce -50.6% | 0.36% | −0.21 |
| PG The Procter & Gamble Co. | Reduce -13.8% | 0.83% | −0.21 |
| CMG Chipotle Mexican Grill Inc. | Reduce -4.6% | 0.36% | −0.20 |
| MRK Merck & Co. Inc. | Reduce -23.8% | 0.66% | −0.19 |
| BKNG Booking Holdings Inc. | Reduce -34.4% | 0.27% | −0.19 |
| PM Philip Morris International | Reduce -6.9% | 0.74% | −0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -39.9% | 0.24% | −0.16 |
| V Visa Inc. Class A | Reduce -1.9% | 1.39% | −0.14 |
| SYK Stryker Corp. | Reduce -9.4% | 0.60% | −0.13 |
| ABT Abbott Laboratories | Reduce -26.9% | 0.30% | −0.13 |
| OTIS Otis Worldwide Corp. | Reduce -66.5% | 0.05% | −0.13 |
| VERX Vertex Inc. Class A | Reduce -1.5% | 0.23% | −0.12 |
| LIN Linde PLC | Reduce -20.9% | 0.36% | −0.10 |
| CL Colgate-Palmolive Co. | Reduce -36.9% | 0.11% | −0.10 |
| NEOG Neogen Corp. | Sold out | 0.00% | −0.09 |
| MRNA Moderna Inc. | Reduce -0.1% | 0.81% | −0.09 |
| BSX Boston Scientific Corp. | Reduce -8.3% | 0.31% | −0.07 |
| GB Global Blue Group Holding AG | Sold out | 0.00% | −0.07 |
| ADBE Adobe Inc. | Reduce -4.0% | 0.38% | −0.07 |
| MCO Moody's Corp. | Reduce -6.3% | 0.39% | −0.06 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.06 |
| LLY Eli Lilly & Co. | Reduce -3.9% | 0.61% | −0.06 |
| ISRG Intuitive Surgical Inc. | Reduce -8.3% | 0.16% | −0.06 |
| DE Deere & Co. | Reduce -0.7% | 0.36% | −0.06 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.05 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -47.7% | 0.03% | −0.04 |
| HOOD Robinhood Markets Inc. Class A | Reduce -48.7% | 0.13% | −0.04 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -14.0% | 0.13% | −0.04 |
| CI The Cigna Group | Reduce -33.3% | 0.05% | −0.04 |
| SBUX Starbucks Corp. | Reduce -72.1% | 0.01% | −0.04 |
| LYB Lyondellbasell Indu Class A | Reduce -34.0% | 0.04% | −0.04 |
| EW Edwards Lifesciences Corp. | Reduce -28.3% | 0.08% | −0.04 |
| DXCM Dexcom Inc. | Reduce -22.2% | 0.05% | −0.03 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -20.6% | 0.10% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -26.5% | 0.05% | −0.03 |
| TSLA Tesla Inc. | Reduce -49.2% | 0.05% | −0.02 |
| TJX TJX Companies Inc. | Reduce -18.3% | 0.28% | −0.02 |
| MCD McDonald's Corp. | Reduce -0.8% | 4.78% | −0.02 |
| EWZ iShares MSCI Brazil ETF | Reduce -30.0% | 0.05% | −0.02 |
| DG Dollar General Corp. | Reduce -0.4% | 0.13% | −0.02 |
| PGR Progressive Corp. | Reduce -42.4% | 0.02% | −0.02 |
| PYPL PayPal Holdings Inc. | Reduce -0.7% | 0.10% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | Add +0.0% | 9.86% | +2.41 |
| MSCI MSCI Inc. | New | 1.47% | +1.47 |
| NVDA Nvidia Corp. | Add +6.4% | 2.78% | +0.49 |
| ABBV Abbvie Inc. | Add +89.2% | 0.78% | +0.44 |
| AIQ Global X Art Intel & Tech | New | 0.33% | +0.33 |
| OC Owens Corning | Add +141.1% | 0.56% | +0.32 |
| UBS UBS Group AG-Reg | Add +26.1% | 0.53% | +0.17 |
| MU Micron Technology Inc. | Add +6.4% | 0.48% | +0.14 |
| MSFT Microsoft Corp. | Add +1.7% | 4.63% | +0.10 |
| UNP Union Pacific Corp. | Add +106.0% | 0.19% | +0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.8% | 1.00% | +0.09 |
| MRSH Marsh & McLennan Cos | Add +32.1% | 0.61% | +0.09 |
| UBER Uber Technologies Inc. | Add +27.3% | 0.39% | +0.09 |
| CQQQ Invesco China Technology ETF | Add +85.4% | 0.15% | +0.08 |
| UNH Unitedhealth Group Inc. | Add +3.7% | 0.87% | +0.08 |
| IBM Intl Business Machines Corp. | Add +90.5% | 0.19% | +0.08 |
| AMD Advanced Micro Devices | Add +4.8% | 0.60% | +0.08 |
| NEM Newmont Corp. | Add +39.4% | 0.15% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | Add +26.4% | 0.20% | +0.06 |
| ETN Eaton Corp. PLC | Add +8.1% | 0.69% | +0.06 |
| P Everpure Inc. Class A | Add +0.1% | 0.19% | +0.06 |
| MNST Monster Beverage Corp. | New | 0.04% | +0.04 |
| INTU Intuit Inc. | New | 0.04% | +0.04 |
| CSCO Cisco Systems Inc. | Add +108.4% | 0.08% | +0.04 |
| KEYS Keysight Technologies Inc. | New | 0.04% | +0.04 |
| ADSK Autodesk Inc. | Add +29.9% | 0.15% | +0.03 |
| SE Sea Ltd.-ADR | Add +7.6% | 0.24% | +0.03 |
| TUR iShares MSCI Turkey ETF | Add +914.0% | 0.04% | +0.03 |
| CF CF Industries Holdings Inc. | New | 0.03% | +0.03 |
| BMRN Biomarin Pharmaceutical Inc. | New | 0.03% | +0.03 |
| BAC Bank of America Corp. | Add +2.2% | 0.44% | +0.03 |
| REGN Regeneron Pharmaceuticals | Add +93.5% | 0.06% | +0.03 |
| RGTI Rigetti Computing Inc. | New | 0.03% | +0.03 |
| C Citigroup Inc. | Add +51.5% | 0.06% | +0.03 |
| CRH CRH PLC | Add +1.4% | 0.12% | +0.03 |
| XBI SS SPDR S&P Biotech ETF | Add +68.4% | 0.05% | +0.03 |
| ICLR Icon PLC | New | 0.02% | +0.02 |
| AIRR First Trust Rba American Ind | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +25.9% | 0.14% | +0.02 |
| VRSN Verisign Inc. | Add +28.6% | 0.15% | +0.02 |
| GRAB Grab Holdings Ltd. Class A | New | 0.02% | +0.02 |
| QBTS D-Wave Quantum Inc. | New | 0.02% | +0.02 |
| MRVL Marvell Technology Inc. | New | 0.02% | +0.02 |
| GDX Vaneck Gold Miners ETF | Add +11.1% | 0.06% | +0.02 |
| UTHR United Therapeutics Corp. | New | 0.02% | +0.02 |
| CYBR Cyberark Software Ltd./Israel | New | 0.02% | +0.02 |
| BMY Bristol-Myers Squibb Co. | New | 0.02% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +6.5% | 0.18% | +0.02 |
| IONQ Ionq Inc. | New | 0.02% | +0.02 |
| FSLR First Solar Inc. | New | 0.02% | +0.02 |
Options Activity Q2 2025 → Q3 2025
| TSLA Tesla Inc. | call | Add +18.1% | 8,620,000 | $3.8B |
| TSLA Tesla Inc. | put | Add +0.0% | 7,527,053 | $3.3B |
| AAPL Apple Inc. | put | Add +77.4% | 10,428 | $2.7M |
| UNH Unitedhealth Group Inc. | put | New | 7,553 | $2.6M |
| DOCU Docusign Inc. | put | New | 22,940 | $1.7M |
| NVDA Nvidia Corp. | put | Reduce -37.3% | 7,652 | $1.4M |
| MOS The Mosaic Co. | call | Reduce -27.8% | 39,000 | $1.4M |
| NKE Nike Inc. Class B | put | New | 18,007 | $1.3M |
| DE Deere & Co. | put | New | 2,000 | $915K |
| ADBE Adobe Inc. | call | Sold out | 2,016 | $780Kbefore exit |
| HD Home Depot Inc. | put | New | 1,000 | $405K |
| MSFT Microsoft Corp. | put | Add +129.2% | 550 | $284K |
| MOS The Mosaic Co. | put | New | 7,500 | $260K |
| ADBE Adobe Inc. | put | New | 616 | $217K |
| LLY Eli Lilly & Co. | put | New | 246 | $188K |
| CRM Salesforce Inc. | put | Add +71.0% | 436 | $103K |
| PANW Palo Alto Networks Inc. | put | New | 500 | $102K |
| AMD Advanced Micro Devices | put | Sold out | 498 | $71Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 319 | $9.7B | AMZN, MSFT, GOOGL, GOOG, MA |
| Q1 2026 | 374 | $8.6B | AMZN, MSFT, GOOG, GOOGL, MCD |
| Q4 2025 | 384 | $10.0B | AMZN, MSFT, GOOG, GOOGL, MA |
| Q3 2025 | 375 | $10.0B | AMZN, GOOG, GOOGL, MA, MCD |
| Q2 2025 | 346 | $9.6B | AMZN, GOOG, MA, MCD, TXN |
| Q1 2025 | 374 | $9.4B | AMZN, GOOG, MCD, MA, WM |
| Q4 2024 | 303 | $10.3B | AMZN, GOOG, GOOGL, MA, MCD |
| Q3 2024 | 282 | $10.1B | AMZN, GOOG, ZTS, MCD, GOOGL |
| Q2 2024 | 280 | $9.8B | AMZN, GOOG, GOOGL, MSFT, PEP |
| Q1 2024 | 330 | $9.5B | AMZN, GOOG, MCD, PEP, GOOGL |