GAM Holding AG

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 21, 2025), GAM Holding AG reported 284 stock positions worth $1.6 billion. Its top holding was Microsoft (MSFT) at 5.7% of the portfolio, followed by Nvidia (NVDA, 5.3%) and Alphabet Class A (GOOGL, 4.7%). Compared with Q2 2025, it opened 88 new positions, sold out of 30, added to 86 and reduced 96. The biggest buy was Alphabet Class A (GOOGL, shares +8%) and the biggest sale Ferrari (RACE, shares −35%).

Most Recent 13F
Q2 2026
Location
Zurich, V8
CIK
0001438848
Portfolio Value
$1.6B (Q3 2025)
SEC Filing
0001172661-25-004340 ↗ filed Oct 21, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.4B Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.6B $1.6B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 284 stocks · $1.6B

MSFT Microsoft Corp. 5.68% 177,584 $92.0M Add +2.7%
NVDA Nvidia Corp. 5.28% 457,470 $85.4M Add +12.3%
GOOGL Alphabet Inc. Class A 4.72% 313,853 $76.3M Add +8.1%
AAPL Apple Inc. 3.34% 212,492 $54.1M Add +27.1%
META Meta Platforms Inc. Class A 3.14% 69,085 $50.7M Add +11.1%
AMZN Amazon.com Inc. 2.72% 200,788 $44.1M Add +48.3%
UBS UBS Group AG-Reg 2.20% 872,819 $35.7M Add +1.6%
V Visa Inc. Class A 1.83% 86,640 $29.6M Reduce -3.5%
AVGO Broadcom Inc. 1.62% 79,430 $26.2M Reduce -16.0%
URTH iShares MSCI World ETF 1.54% 137,063 $24.9M Reduce -4.4%
ORCL Oracle Corp. 1.50% 86,040 $24.2M Add +14.4%
NFLX Netflix Inc. 1.37% 18,515 $22.2M Reduce -2.6%
RACE Ferrari NV 1.25% 41,770 $20.2M Reduce -34.8%
LOGI Logitech International-Reg 1.17% 173,175 $18.9M Reduce -1.5%
CRH CRH PLC 1.08% 146,683 $17.5M Add +0.9%
JPM JPMorgan Chase & Co. 1.08% 55,322 $17.5M Add +1.2%
LRCX Lam Research Corp. 1.00% 120,436 $16.1M Reduce -16.4%
MA Mastercard Inc. Class A 0.98% 27,760 $15.8M Add +1.9%
LLY Eli Lilly & Co. 0.97% 20,523 $15.7M Add +2.7%
PG The Procter & Gamble Co. 0.92% 97,024 $14.9M Reduce -11.3%
AMAT Applied Materials Inc. 0.92% 72,603 $14.9M Add +14.0%
ALC Alcon Inc. filed as ALCON AG 0.90% 196,570 $14.6M Reduce -0.1%
BKNG Booking Holdings Inc. 0.89% 2,659 $14.4M Reduce -1.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.88% 50,553 $14.3M Add +921.7%
AMRZ Amrize Ltd. 0.88% 295,451 $14.3M New
TPR Tapestry Inc. 0.88% 125,900 $14.3M No change
XOM Exxon Mobil Corp. 0.87% 124,902 $14.1M Reduce -0.8%
VOO Vanguard S&P 500 ETF 0.84% 22,250 $13.6M No change
HLT Hilton Worldwide Holdings Inc. 0.84% 52,137 $13.5M Reduce -7.7%
RCL Royal Caribbean Cruises Ltd. 0.82% 41,038 $13.3M Add +22.8%
UBER Uber Technologies Inc. 0.81% 133,510 $13.1M Add +21.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.78% 110,165 $12.6M Add +3.6%
RL Ralph Lauren Corp. 0.77% 39,620 $12.4M Reduce -9.7%
UNH Unitedhealth Group Inc. 0.76% 35,490 $12.3M Add +13.8%
FISV Fiserv Inc. 0.76% 94,767 $12.2M Add +3.2%
VIK Viking Holdings Ltd. 0.74% 192,001 $11.9M Reduce -14.6%
NOW ServiceNow Inc. 0.71% 12,546 $11.5M Add +2.9%
MKL Markel Group Inc. 0.69% 5,823 $11.1M Reduce -3.5%
JNJ Johnson & Johnson 0.68% 59,478 $11.0M Add +2.8%
TSM Taiwan Semiconductor-SP ADR 0.65% 37,651 $10.5M Reduce -3.4%
ADBE Adobe Inc. 0.64% 29,511 $10.4M Reduce -0.9%
MRK Merck & Co. Inc. 0.64% 122,901 $10.3M Reduce -0.5%
TEL Te Connectivity PLC 0.64% 46,819 $10.3M Reduce -2.0%
AS Amer Sports Inc. 0.63% 295,100 $10.3M Reduce -15.6%
WFC Wells Fargo & Co. 0.63% 121,543 $10.2M Add +587.9%
INTU Intuit Inc. 0.62% 14,799 $10.1M Add +9.3%
SW Smurfit Westrock PLC 0.62% 238,510 $10.0M New
GE General Electric filed as GE AEROSPACE 0.60% 32,196 $9.7M Add +30.9%
LIN Linde PLC 0.59% 20,136 $9.6M Add +2.8%
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 0.56% 51,800 $9.0M Add +64.4%
SCHW Schwab (charles) Corp. 0.55% 92,574 $8.8M Add +2.7%
APH Amphenol Corp. Class A 0.54% 70,805 $8.8M Add +3.5%
COST Costco Wholesale Corp. 0.53% 9,268 $8.6M Reduce -25.4%
OSW Onespaworld Holdings Ltd. 0.53% 404,800 $8.6M Reduce -14.1%
YMM Full Truck Alliance -SPN ADR 0.51% 640,360 $8.3M Reduce -16.2%
BMY Bristol-Myers Squibb Co. 0.51% 182,769 $8.2M Reduce -1.2%
COP Conocophillips 0.50% 85,470 $8.1M Reduce -3.2%
IEMG iShares Core MSCI Emerging 0.49% 119,196 $7.9M Reduce -6.7%
MSI Motorola Solutions Inc. 0.48% 17,017 $7.8M Reduce -10.5%
EMR Emerson Electric Co. 0.48% 58,611 $7.7M Reduce -1.6%
MDT Medtronic PLC 0.46% 78,481 $7.5M Reduce -1.8%
PSA Public Storage 0.46% 25,742 $7.4M Add +3.6%
HBAN Huntington Bancshares Inc. 0.45% 425,292 $7.3M Reduce -7.0%
ISRG Intuitive Surgical Inc. 0.45% 16,350 $7.3M Reduce -27.5%
EOG EOG Resources Inc. 0.43% 62,114 $7.0M Reduce -1.1%
EA Electronic Arts Inc. 0.43% 34,422 $6.9M Reduce -41.3%
ZGN Ermenegildo Zegna NV 0.41% 706,936 $6.7M Reduce -0.1%
NXPI NXP Semiconductors NV 0.41% 29,167 $6.6M Reduce -1.0%
MELI MercadoLibre Inc. 0.41% 2,840 $6.6M Add +47.5%
IEF iShares 7-10 Year Treasury B 0.41% 68,000 $6.6M Add +21.4%
PGR Progressive Corp. 0.40% 26,519 $6.5M Reduce -12.4%
GOOG Alphabet Inc. Class C 0.40% 26,593 $6.5M Add +24.8%
WYNN WYNN Resorts Ltd. 0.38% 47,780 $6.1M New
PDD PDD Holdings Inc. 0.37% 45,696 $6.0M Add +56.5%
KO The Coca-Cola Co. 0.37% 89,659 $5.9M Add +6.9%
BRK.B Berkshire Hathaway Inc. Class B 0.35% 11,382 $5.7M Reduce -10.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.35% 18,377 $5.7M Add +46.5%
MGM MGM Resorts International 0.34% 160,000 $5.5M New
MAR Marriott International Class A 0.34% 21,260 $5.5M Reduce -43.1%
SYK Stryker Corp. 0.34% 14,950 $5.5M Add +5.3%
INFY Infosys Ltd.-SP ADR 0.34% 337,709 $5.5M Reduce -9.1%
BZ Kanzhun Ltd. - ADR 0.34% 233,677 $5.5M Reduce -4.1%
HLN Haleon PLC-ADR 0.34% 606,673 $5.4M Reduce -8.9%
KDP Keurig Dr Pepper Inc. 0.33% 209,951 $5.4M Reduce -1.1%
CAT Caterpillar Inc. 0.33% 11,040 $5.3M Add +6.8%
ADP Automatic Data Processing 0.32% 17,900 $5.3M Add +0.5%
USB US Bancorp 0.32% 107,050 $5.2M Reduce -1.6%
NKE Nike Inc. Class B 0.29% 68,026 $4.7M Reduce -0.7%
ARM Arm Holdings PLC-ADR 0.29% 33,314 $4.7M Add +64.0%
ETN Eaton Corp. PLC 0.28% 12,159 $4.6M Reduce -17.5%
ONON On Holding AG Class A filed as ON HLDG AG 0.27% 104,000 $4.4M Reduce -27.2%
UPS United Parcel Service Class B 0.27% 52,212 $4.4M Reduce -1.6%
DHR Danaher Corp. 0.27% 21,880 $4.3M Add +71.0%
VRTX Vertex Pharmaceuticals Inc. 0.27% 11,015 $4.3M Add +4.4%
ADSK Autodesk Inc. 0.26% 13,273 $4.2M Add +10.5%
AFL Aflac Inc. 0.26% 37,720 $4.2M Reduce -7.1%
NAK Northern Dynasty Minerals 0.26% 3,469,100 $4.2M Add +23.9%
TME Tencent Music Entertainm-ADR 0.25% 176,000 $4.1M Reduce -20.4%
PANW Palo Alto Networks Inc. 0.25% 19,770 $4.0M Add +28.6%
ATAT Atour Lifestyle Holdings-ADR 0.25% 106,800 $4.0M Reduce -32.8%
ELV Elevance Health Inc. 0.25% 12,406 $4.0M Reduce -0.5%
NEE Nextera Energy Inc. 0.25% 53,054 $4.0M Add +9.4%
HDB HDFC Bank Ltd.-ADR 0.24% 115,134 $3.9M No change
CDNS Cadence Design SYS Inc. 0.24% 10,945 $3.8M Reduce -51.7%
NDAQ Nasdaq Inc. 0.23% 42,413 $3.8M Add +0.1%
BWXT BWX Technologies Inc. 0.23% 19,979 $3.7M Reduce -2.5%
ADI Analog Devices Inc. 0.22% 14,642 $3.6M Add +13.7%
HON Honeywell International Inc. 0.22% 16,822 $3.5M Add +11.8%
DELL Dell Technologies -C 0.22% 24,637 $3.5M New
WMT Walmart Inc. 0.21% 33,539 $3.5M Add +32.3%
IDXX Idexx Laboratories Inc. 0.20% 5,137 $3.3M No change
CHD Church & Dwight Co. Inc. 0.20% 36,857 $3.2M Add +35.3%
SN Sharkninja Inc. 0.20% 31,013 $3.2M Reduce -3.7%
HD Home Depot Inc. 0.19% 7,769 $3.1M Add +74.3%
AME Ametek Inc. 0.19% 16,522 $3.1M Reduce -44.8%
RSG Republic Services Inc. 0.19% 13,358 $3.1M Reduce -1.9%
APP AppLovin Corp. Class A 0.19% 4,195 $3.0M Add +10.1%
SPGI S&P Global Inc. 0.19% 6,174 $3.0M Add +13.7%
SPOT Spotify Technology SA 0.18% 4,223 $2.9M Add +1.9%
RNW Renew Energy Global PLC-A 0.18% 370,000 $2.8M Add +94.7%
IBN Icici Bank Ltd.-Spon ADR 0.18% 93,915 $2.8M Reduce -24.8%
RNG Ringcentral Inc. Class A 0.18% 100,000 $2.8M New
MSCI MSCI Inc. 0.17% 4,872 $2.8M No change
CRWD CrowdStrike Holdings Inc. Class A 0.17% 5,485 $2.7M Add +16.1%
APTV Aptiv PLC 0.16% 30,919 $2.7M Add +171.9%
GS Goldman Sachs Group Inc. 0.16% 3,336 $2.7M Reduce -4.6%
COTY Coty Inc. Class A 0.16% 650,000 $2.6M Add +109.7%
BSX Boston Scientific Corp. 0.16% 26,784 $2.6M Add +12.4%
SO The Southern Co. 0.16% 26,950 $2.6M Reduce -0.5%
PLTR Palantir Technologies Inc. Class A 0.16% 13,788 $2.5M Add +39.0%
PM Philip Morris International 0.15% 15,450 $2.5M Reduce -15.8%
GLW Corning Inc. 0.15% 30,047 $2.5M New
PTC PTC Inc. 0.15% 11,880 $2.4M Reduce -54.2%
CDZI Cadiz Inc. 0.14% 490,211 $2.3M Add +22.6%
VRSK Verisk Analytics Inc. 0.14% 9,173 $2.3M No change
PEP Pepsico Inc. 0.14% 16,373 $2.3M New
WNS WNS Holdings Ltd. filed as WNS HLDGS LTD 0.14% 30,000 $2.3M No change
LNT Alliant Energy Corp. 0.14% 33,868 $2.3M New
PPG PPG Industries Inc. 0.14% 21,281 $2.2M Add +97.5%
ABBV Abbvie Inc. 0.14% 9,529 $2.2M Add +22.1%
TMO Thermo Fisher Scientific Inc. 0.13% 4,471 $2.2M Reduce -29.7%
ESS Essex Property Trust Inc. 0.13% 8,019 $2.1M New
DE Deere & Co. 0.13% 4,518 $2.1M Add +18.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.13% 40,029 $2.1M Add +46.6%
BRO Brown & Brown Inc. 0.12% 21,292 $2.0M Add +80.8%
AMD Advanced Micro Devices 0.12% 12,286 $2.0M New
LEA Lear Corp. 0.12% 19,725 $2.0M Add +4.1%
NOC Northrop Grumman Corp. 0.12% 3,238 $2.0M Add +23.5%
CP Canadian Pacific Kansas City 0.12% 26,287 $2.0M Reduce -23.2%
LOW Lowe's Cos Inc. 0.12% 7,637 $1.9M New
DUK Duke Energy Corp. 0.12% 15,255 $1.9M Reduce -0.9%
BWA Borgwarner Inc. 0.12% 42,885 $1.9M Reduce -13.0%
CARG Cargurus Inc. 0.12% 50,449 $1.9M New
FTNT Fortinet Inc. 0.12% 22,174 $1.9M Reduce -32.9%
ZTS Zoetis Inc. 0.11% 12,698 $1.9M Add +20.2%
MCD McDonald's Corp. 0.11% 6,109 $1.9M New
TXN Texas Instruments Inc. 0.11% 9,942 $1.8M Reduce -55.6%
CVX Chevron Corp. 0.11% 11,705 $1.8M Add +39.6%
SBUX Starbucks Corp. 0.11% 21,412 $1.8M New
EFX Equifax Inc. 0.11% 7,046 $1.8M New
SRE Sempra 0.11% 19,950 $1.8M Reduce -1.1%
CRM Salesforce Inc. 0.11% 7,563 $1.8M Add +34.5%
BA The Boeing Co. 0.11% 8,199 $1.8M New
RF Regions Financial Corp. 0.11% 66,735 $1.8M New
CSCO Cisco Systems Inc. 0.11% 25,699 $1.8M Add +5.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.11% 11,995 $1.7M New
BIDU Baidu Inc. - Spon ADR 0.11% 13,046 $1.7M Add +50.7%
RTX RTX Corp. 0.11% 10,228 $1.7M Add +6.4%
VWO Vanguard Ftse Emerging Marke 0.10% 31,000 $1.7M No change
ALV Autoliv Inc. 0.10% 13,381 $1.7M Add +7.0%
AMX America Movil Sab DE CV 0.10% 77,112 $1.6M New
PEG Public Service Enterprise GP 0.10% 19,399 $1.6M Reduce -0.5%
FWONA Liberty Media Corp. Class A 0.10% 16,888 $1.6M New
ACN Accenture PLC Class A 0.10% 6,470 $1.6M Add +56.9%
MCK McKesson Corp. 0.10% 2,024 $1.6M Add +19.0%
SYY Sysco Corp. 0.09% 18,467 $1.5M Reduce -2.0%
IR Ingersoll-Rand Inc. 0.09% 17,949 $1.5M Reduce -2.0%
CBOE Cboe Global Markets Inc. 0.09% 6,033 $1.5M Reduce -1.8%
SE Sea Ltd.-ADR 0.09% 8,248 $1.5M Add +10.0%
TCOM Trip.com Group Ltd.-ADR 0.09% 19,131 $1.4M Add +68.8%
FOX Fox Corp. Class B 0.09% 25,000 $1.4M Add +66.7%
DT Dynatrace Inc. 0.09% 29,285 $1.4M Reduce -2.0%
GOOS Canada Goose Holdings Inc. 0.09% 100,000 $1.4M No change
CPAY Corpay Inc. 0.08% 4,585 $1.3M Reduce -1.6%
DRI Darden Restaurants Inc. 0.08% 6,844 $1.3M Reduce -1.9%
KRMN Karman Holdings Inc. 0.08% 17,316 $1.3M New
INDA iShares MSCI India ETF 0.08% 23,660 $1.2M No change
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.08% 15,000 $1.2M New
NTES Netease Inc.-ADR 0.08% 8,042 $1.2M Add +19.6%
SSTK Shutterstock Inc. 0.07% 57,000 $1.2M No change
LYV Live Nation Entertainment Inc. 0.07% 7,215 $1.2M Reduce -2.7%
DUOL Duolingo 0.07% 3,599 $1.2M Add +101.5%
TSEM Tower Semiconductor Ltd. 0.07% 15,852 $1.1M New
CPRT Copart Inc. 0.07% 25,477 $1.1M Reduce -1.7%
GRMN Garmin Ltd. 0.06% 4,239 $1.0M Reduce -1.8%
KLAC KLA Corp. 0.06% 961 $1.0M Reduce -2.5%
CTVA Corteva Inc. 0.06% 15,099 $1.0M Reduce -2.0%
INTC Intel Corp. 0.06% 30,000 $1.0M Add +100.0%
PAGS Pagseguro Digital Ltd. Class A 0.06% 99,800 $998K New
WAT Waters Corp. 0.06% 3,295 $988K Reduce -0.5%
XP XP Inc. Class A 0.06% 51,000 $958K New
FICO Fair Isaac Corp. 0.05% 593 $887K Reduce -2.0%
MLM Martin Marietta Materials 0.05% 1,405 $886K No change
TW Tradeweb Markets Inc. Class A 0.05% 7,695 $854K Reduce -2.0%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.05% 9,395 $843K Reduce -2.1%
QQQ Invesco QQQ Trust Series 1 0.05% 1,400 $841K New
GRAB Grab Holdings Ltd. Class A 0.05% 138,612 $834K Add +47.3%
DAR Darling Ingredients Inc. 0.05% 26,708 $824K Reduce -1.6%
BAH Booz Allen Hamilton Holdings 0.05% 8,148 $814K Reduce -46.5%
HEPS D-Market Electronic Serv-ADR 0.05% 300,000 $807K New
VS TRUST 0.05% 80,000 $794K New
RPD RAPID7 Inc. 0.05% 40,000 $750K New
TOST Toast Inc. Class A 0.04% 19,463 $711K New
DXCM Dexcom Inc. 0.04% 10,121 $681K Reduce -1.2%
BMA Banco Macro SA-ADR 0.04% 15,028 $636K Add +214.3%
VSTS Vestis Corp. 0.04% 140,000 $634K Reduce -36.4%
COOP Mr Cooper Group Inc. 0.04% 3,000 $632K New
LNTH Lantheus Holdings Inc. 0.04% 12,213 $626K Reduce -1.7%
FUBO Fubotv Inc. 0.04% 150,000 $623K New
FCX Freeport-McMoran Inc. 0.04% 15,000 $588K New
MNDY Monday.com Ltd. 0.04% 2,969 $575K Reduce -1.6%
MU Micron Technology Inc. 0.03% 2,874 $481K New
TD Toronto-Dominion Bank 0.03% 5,900 $472K New
ABT Abbott Laboratories 0.03% 3,470 $465K Reduce -66.9%
ANET Arista Networks Inc. 0.03% 3,174 $462K New
EXR Extra Space Storage Inc. 0.03% 3,249 $458K New
RY Royal Bank of Canada 0.03% 3,100 $457K New
NI Nisource Inc. 0.03% 10,416 $451K New
MRSH Marsh & McLennan Cos 0.03% 2,212 $446K New
BN Brookfield Corp. 0.03% 6,500 $445K New
GM General Motors Co. 0.03% 7,248 $442K Reduce -72.6%
AEM Agnico Eagle Mines Ltd. 0.03% 2,600 $438K New
SHW The Sherwin-Williams Co. 0.03% 1,246 $431K New
SHOP Shopify Inc. Class A 0.03% 2,900 $431K New
TMQ Trilogy Metals Inc. 0.03% 200,000 $420K New
ENB Enbridge Inc. 0.03% 8,300 $419K New
GEV GE Vernova Inc. 0.03% 681 $419K New
MS Morgan Stanley 0.03% 2,554 $406K New
F Ford Motor Co. filed as FORD MTR CO 0.03% 33,876 $405K New
URI United Rentals Inc. 0.02% 419 $400K New
HUBB Hubbell Inc. 0.02% 929 $400K New
PWR Quanta Services Inc. 0.02% 952 $395K New
CL Colgate-Palmolive Co. 0.02% 4,884 $390K New
NEM Newmont Corp. 0.02% 4,623 $390K New
COF Capital One Financial Corp. 0.02% 1,827 $388K New
T AT&T Inc. 0.02% 13,324 $376K Reduce -69.6%
LEN Lennar Corp. Class A 0.02% 2,970 $374K New
BLK BlackRock Inc. 0.02% 321 $374K Reduce -78.8%
C Citigroup Inc. 0.02% 3,657 $371K New
OTIS Otis Worldwide Corp. 0.02% 4,000 $366K New
DASH DoorDash Inc. Class A 0.02% 1,285 $350K New
BX Blackstone Inc. 0.02% 2,042 $349K New
ODFL Old Dominion Freight Line 0.02% 2,463 $347K New
WELL Welltower Inc. 0.02% 1,927 $343K New
AMGN Amgen Inc. 0.02% 1,209 $341K New
HOOD Robinhood Markets Inc. Class A 0.02% 2,378 $340K New
HAL Halliburton Co. 0.02% 13,218 $325K New
YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA 0.02% 13,000 $316K New
WAB Wabtec Corp. 0.02% 1,558 $312K New
GILD Gilead Sciences Inc. 0.02% 2,786 $309K New
RIVN Rivian Automotive Inc. Class A 0.02% 20,741 $304K New
WMB Williams Cos Inc. 0.02% 4,796 $304K New
CME Cme Group Inc. 0.02% 1,121 $303K New
TT Trane Technologies PLC 0.02% 714 $301K New
ICE Intercontinental Exchange Inc. 0.02% 1,788 $301K New
AXP American Express Co. 0.02% 902 $300K New
RJF Raymond James Financial Inc. 0.02% 1,722 $297K New
JCI Johnson Controls Internation 0.02% 2,666 $293K New
CNQ Canadian Natural Resources 0.02% 9,000 $288K New
MMM 3M Co. 0.02% 1,847 $287K New
NET Cloudflare Inc. Class A 0.02% 1,303 $280K New
GGAL Grupo Financiero Galicia-ADR 0.02% 10,000 $276K New
CMCSA Comcast Corp. Class A 0.02% 8,587 $270K New
CEG Constellation Energy 0.02% 817 $269K New
BKR Baker Hughes Co. 0.02% 5,137 $250K New
PFE Pfizer Inc. 0.02% 9,773 $249K New
SUPV Grupo Supervielle SA-SP ADR 0.02% 50,000 $248K New
UNP Union Pacific Corp. 0.01% 1,025 $242K Reduce -90.0%
BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A 0.01% 28,959 $241K Reduce -35.9%
VST Vistra Corp. 0.01% 1,170 $229K New
MSTR Strategy Inc. 0.01% 650 $209K Add +8.3%
ALL Allstate Corp. 0.01% 974 $209K New
GETY Getty Images Holdings Inc. 0.01% 75,000 $149K No change
BATL Battalion Oil Corp. 0.01% 115,000 $139K No change

Portfolio Sells Q2 2025 → Q3 2025

RACE Ferrari NV Reduce -34.8% 1.25% −0.95
NFLX Netflix Inc. Reduce -2.6% 1.37% −0.42
V Visa Inc. Class A Reduce -3.5% 1.83% −0.41
ISRG Intuitive Surgical Inc. Reduce -27.5% 0.45% −0.41
MAR Marriott International Class A Reduce -43.1% 0.34% −0.38
COST Costco Wholesale Corp. Reduce -25.4% 0.53% −0.33
AS Amer Sports Inc. Reduce -15.6% 0.63% −0.32
ALC Alcon Inc. Reduce -0.1% 0.90% −0.32
PG The Procter & Gamble Co. Reduce -11.3% 0.92% −0.30
CDNS Cadence Design SYS Inc. Reduce -51.7% 0.24% −0.25
ONON On Holding AG Class A Reduce -27.2% 0.27% −0.25
RYAAY Ryanair Holdings PLC-SP ADR Sold out 0.00% −0.24
EA Electronic Arts Inc. Reduce -41.3% 0.43% −0.23
HLT Hilton Worldwide Holdings Inc. Reduce -7.7% 0.84% −0.22
IBIT iShares Bitcoin Trust ETF Sold out 0.00% −0.22
TXN Texas Instruments Inc. Reduce -55.6% 0.11% −0.21
AVGO Broadcom Inc. Reduce -16.0% 1.62% −0.21
BKNG Booking Holdings Inc. Reduce -1.1% 0.89% −0.21
AME Ametek Inc. Reduce -44.8% 0.19% −0.19
NWSA News Corp. Class A Sold out 0.00% −0.19
URTH iShares MSCI World ETF Reduce -4.4% 1.54% −0.17
ADBE Adobe Inc. Reduce -0.9% 0.64% −0.17
PTC PTC Inc. Reduce -54.2% 0.15% −0.17
PGR Progressive Corp. Reduce -12.4% 0.40% −0.16
KDP Keurig Dr Pepper Inc. Reduce -1.1% 0.33% −0.16
MKL Markel Group Inc. Reduce -3.5% 0.69% −0.16
UNP Union Pacific Corp. Reduce -90.0% 0.01% −0.15
HLN Haleon PLC-ADR Reduce -8.9% 0.34% −0.15
OSW Onespaworld Holdings Ltd. Reduce -14.1% 0.53% −0.15
INFY Infosys Ltd.-SP ADR Reduce -9.1% 0.34% −0.14
FTNT Fortinet Inc. Reduce -32.9% 0.12% −0.13
YMM Full Truck Alliance -SPN ADR Reduce -16.2% 0.51% −0.12
IBN Icici Bank Ltd.-Spon ADR Reduce -24.8% 0.18% −0.12
ATAT Atour Lifestyle Holdings-ADR Reduce -32.8% 0.25% −0.11
UPS United Parcel Service Class B Reduce -1.6% 0.27% −0.11
VIK Viking Holdings Ltd. Reduce -14.6% 0.74% −0.10
WEC WEC Energy Group Inc. Sold out 0.00% −0.10
ANSS Ansys Inc. Sold out 0.00% −0.10
EOG EOG Resources Inc. Reduce -1.1% 0.43% −0.10
IT Gartner Inc. Sold out 0.00% −0.10
CPT Camden Property Trust Sold out 0.00% −0.09
ELV Elevance Health Inc. Reduce -0.5% 0.25% −0.09
BMY Bristol-Myers Squibb Co. Reduce -1.2% 0.51% −0.09
KEY Keycorp Sold out 0.00% −0.09
KKR KKR & Co. Inc. Sold out 0.00% −0.09
ETN Eaton Corp. PLC Reduce -17.5% 0.28% −0.09
BLK BlackRock Inc. Reduce -78.8% 0.02% −0.09
ROK Rockwell Automation Inc. Sold out 0.00% −0.09
MAA Mid-America Apartment Comm Sold out 0.00% −0.09
HBAN Huntington Bancshares Inc. Reduce -7.0% 0.45% −0.08

Portfolio Buys Q2 2025 → Q3 2025

GOOGL Alphabet Inc. Class A Add +8.1% 4.72% +1.12
AAPL Apple Inc. Add +27.1% 3.34% +0.93
AMRZ Amrize Ltd. New 0.88% +0.88
IBM Intl Business Machines Corp. Add +921.7% 0.88% +0.78
NVDA Nvidia Corp. Add +12.3% 5.28% +0.75
AMZN Amazon.com Inc. Add +48.3% 2.72% +0.64
SW Smurfit Westrock PLC New 0.62% +0.62
WFC Wells Fargo & Co. Add +587.9% 0.63% +0.53
WYNN WYNN Resorts Ltd. New 0.38% +0.38
MGM MGM Resorts International New 0.34% +0.34
ORCL Oracle Corp. Add +14.4% 1.50% +0.34
FUTU Futu Holdings Ltd.-ADR Add +64.4% 0.56% +0.28
DELL Dell Technologies -C New 0.22% +0.22
RNG Ringcentral Inc. Class A New 0.18% +0.18
UBS UBS Group AG-Reg Add +1.6% 2.20% +0.17
PDD PDD Holdings Inc. Add +56.5% 0.37% +0.16
GE General Electric Add +30.9% 0.60% +0.15
GLW Corning Inc. New 0.15% +0.15
CRH CRH PLC Add +0.9% 1.08% +0.14
PEP Pepsico Inc. New 0.14% +0.14
LNT Alliant Energy Corp. New 0.14% +0.14
GOOG Alphabet Inc. Class C Add +24.8% 0.40% +0.13
ESS Essex Property Trust Inc. New 0.13% +0.13
AMD Advanced Micro Devices New 0.12% +0.12
LOW Lowe's Cos Inc. New 0.12% +0.12
CARG Cargurus Inc. New 0.12% +0.12
MCD McDonald's Corp. New 0.11% +0.11
SBUX Starbucks Corp. New 0.11% +0.11
EFX Equifax Inc. New 0.11% +0.11
APTV Aptiv PLC Add +171.9% 0.16% +0.11
BA The Boeing Co. New 0.11% +0.11
RF Regions Financial Corp. New 0.11% +0.11
TJX TJX Companies Inc. New 0.11% +0.11
AMX America Movil Sab DE CV New 0.10% +0.10
FWONA Liberty Media Corp. Class A New 0.10% +0.10
AMAT Applied Materials Inc. Add +14.0% 0.92% +0.10
APP AppLovin Corp. Class A Add +10.1% 0.19% +0.09
DHR Danaher Corp. Add +71.0% 0.27% +0.09
UBER Uber Technologies Inc. Add +21.3% 0.81% +0.09
RCL Royal Caribbean Cruises Ltd. Add +22.8% 0.82% +0.08
RNW Renew Energy Global PLC-A Add +94.7% 0.18% +0.08
HD Home Depot Inc. Add +74.3% 0.19% +0.08
KRMN Karman Holdings Inc. New 0.08% +0.08
KSPI JSC Kaspi.kz ADR New 0.08% +0.08
UNH Unitedhealth Group Inc. Add +13.8% 0.76% +0.07
TSEM Tower Semiconductor Ltd. New 0.07% +0.07
AJG Arthur J Gallagher & Co. Add +46.5% 0.35% +0.07
APH Amphenol Corp. Class A Add +3.5% 0.54% +0.07
PAGS Pagseguro Digital Ltd. Class A New 0.06% +0.06
COTY Coty Inc. Class A Add +109.7% 0.16% +0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 273$1.3BNVDA, GOOGL, MSFT, AAPL, AMZN
Q1 2026 276$1.1BNVDA, MSFT, GOOGL, AAPL, AMZN
Q4 2025 288$1.6BMSFT, GOOGL, NVDA, AAPL, UBS
Q3 2025 284$1.6BMSFT, NVDA, GOOGL, AAPL, META
Q2 2025 226$1.4BMSFT, NVDA, GOOGL, META, AAPL
Q1 2025 176$1.3BMSFT, NVDA, GOOGL, AAPL, AMZN
Q4 2024 169$1.3BMSFT, GOOGL, NVDA, LIN, AMZN
Q3 2024 152$1.3BLIN, MSFT, NVDA, GOOGL, META
Q2 2024 159$1.3BMSFT, NVDA, GOOGL, LIN, META
Q1 2024 168$1.4BMSFT, LIN, NVDA, GOOGL, META