Kepler Cheuvreux (Suisse) SA

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Kepler Cheuvreux (Suisse) SA reported 162 stock positions worth $1.7 billion. Its top holding was Apple (AAPL) at 4.1% of the portfolio, followed by Nvidia (NVDA, 4.0%) and Cisco Systems (CSCO, 3.2%). Compared with Q1 2026, it opened 36 new positions, sold out of 45, added to 55 and reduced 51. The biggest buy was Micron Technology (MU, shares +22%) and the biggest sale Mastercard Class A (MA, shares −95%).

Most Recent 13F
Q2 2026
Location
NYON, V8
CIK
0002096459
Portfolio Value
$1.7B (Q2 2026)
SEC Filing
0002096459-26-000004 ↗ filed Jul 15, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q3 2025: $1.9B Q3 2025 Q4 2025: $1.8B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $1.7B $1.7B Q2 2026

Holdings 162 stocks · $1.7B
AAPL Apple Inc. 4.08% 246,433 $71.3M Add +53.5%
NVDA Nvidia Corp. 3.97% 346,888 $69.4M Add +27.9%
CSCO Cisco Systems Inc. 3.18% 473,632 $55.6M Reduce -33.1%
MU Micron Technology Inc. 3.09% 46,791 $54.0M Add +21.9%
ABBV Abbvie Inc. 3.01% 208,949 $52.5M Add +57.7%
GOOGL Alphabet Inc. Class A 2.95% 144,363 $51.6M Add +3.0%
LRCX Lam Research Corp. 2.93% 118,131 $51.2M Reduce -17.5%
KLAC KLA Corp. 2.84% 164,740 $49.7M Add +4.5%
MSFT Microsoft Corp. 2.57% 120,321 $44.9M Add +2.9%
CAH Cardinal Health Inc. 2.50% 184,213 $43.8M Add +19.1%
ENB Enbridge Inc. 2.31% 523,127 $40.3M Add +269.9%
CAT Caterpillar Inc. 2.27% 37,181 $39.6M Add +21.4%
NTAP Netapp Inc. 2.10% 237,382 $36.7M Add +35.6%
VZ Verizon Communications Inc. 2.10% 866,853 $36.7M Add +2416.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 2.07% 239,222 $36.2M Add +7.4%
RY Royal Bank of Canada 2.06% 122,383 $35.9M Reduce -31.3%
PFE Pfizer Inc. 1.94% 1,405,592 $33.8M Add +101.9%
KO The Coca-Cola Co. 1.78% 383,217 $31.1M Reduce -17.8%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 1.63% 230,869 $28.4M Reduce -6.3%
META Meta Platforms Inc. Class A 1.55% 48,212 $27.1M Reduce -32.2%
QCOM Qualcomm Inc. 1.50% 141,952 $26.2M Add +147.3%
MRK Merck & Co. Inc. 1.49% 202,568 $26.0M Add +128.7%
AVGO Broadcom Inc. 1.48% 68,461 $25.8M Reduce -6.7%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 1.48% 158,322 $25.8M Reduce -44.9%
GILD Gilead Sciences Inc. 1.44% 198,637 $25.1M Add +52.4%
ROST Ross Stores Inc. 1.31% 107,697 $22.9M New
SPG Simon Property Group Inc. 1.30% 101,349 $22.7M Add +5.4%
BAP Credicorp Ltd. 1.26% 56,274 $21.9M Reduce -10.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.25% 77,888 $21.9M Add +18.0%
AME Ametek Inc. 1.25% 90,445 $21.9M Add +510.9%
T AT&T Inc. 1.25% 1,056,102 $21.9M Add +334.9%
JNJ Johnson & Johnson 1.24% 85,510 $21.7M Add +7.6%
LIN Linde PLC 1.24% 41,824 $21.7M Reduce -13.0%
HPQ HP Inc. 1.18% 936,688 $20.6M New
AMAT Applied Materials Inc. 1.16% 28,062 $20.3M New
CDW CDW Corp. 1.08% 134,208 $18.9M Add +48.3%
PEG Public Service Enterprise GP 0.99% 213,366 $17.3M Add +32.1%
WMT Walmart Inc. 0.99% 152,422 $17.2M Add +73.6%
GOOG Alphabet Inc. Class C 0.97% 47,972 $16.9M Add +3.1%
BMO Bank of Montreal filed as BANK MONTREAL MEDIUM 0.91% 63,670 $16.0M Add +85.8%
BNY Bank of New York Mellon Corp. 0.87% 105,423 $15.2M Add +10.6%
SNA Snap-on Inc. 0.81% 35,199 $14.2M Add +139.6%
TPR Tapestry Inc. 0.78% 93,446 $13.7M Add +251.3%
MDT Medtronic PLC 0.76% 169,455 $13.3M Add +42.7%
ORCL Oracle Corp. 0.73% 87,008 $12.8M New
TEL Te Connectivity PLC 0.72% 62,244 $12.6M Add +11.9%
BKNG Booking Holdings Inc. 0.71% 69,345 $12.4M Reduce -53.3%
ATO Atmos Energy Corp. 0.70% 71,111 $12.2M Add +68.3%
LVS Las Vegas Sands Corp. 0.70% 263,964 $12.2M Add +1034.5%
AER Aercap Holdings NV 0.67% 80,088 $11.7M Add +47.3%
ADI Analog Devices Inc. 0.65% 28,719 $11.4M Add +1630.1%
MFC Manulife Financial Corp. 0.61% 186,633 $10.7M Reduce -48.4%
EXPE Expedia Group Inc. 0.61% 41,912 $10.7M Add +806.4%
TT Trane Technologies PLC 0.56% 19,881 $9.8M Reduce -70.1%
CMI Cummins Inc. 0.56% 13,651 $9.7M Add +42.5%
AMGN Amgen Inc. 0.53% 25,387 $9.2M Add +931.1%
COR Cencora Inc. 0.52% 32,147 $9.1M Add +24.9%
RPRX Royalty Pharma PLC Class A 0.51% 160,345 $9.0M New
KDP Keurig Dr Pepper Inc. 0.49% 261,367 $8.6M Add +28.6%
AMZN Amazon.com Inc. 0.49% 35,730 $8.5M Add +37.6%
HIG Hartford Insurance Group Inc. 0.44% 57,856 $7.7M Reduce -33.1%
EXPD Expeditors Intl Wash Inc. 0.42% 45,408 $7.4M New
APH Amphenol Corp. Class A 0.41% 40,280 $7.1M Reduce -47.7%
ABT Abbott Laboratories 0.38% 72,498 $6.6M Add +387.6%
EOG EOG Resources Inc. 0.34% 45,913 $6.0M New
JBL Jabil Inc. 0.33% 15,183 $5.9M Reduce -1.2%
EBAY eBay Inc. 0.32% 50,656 $5.7M New
EXC Exelon Corp. 0.32% 119,292 $5.6M Add +12.7%
KMI Kinder Morgan Inc. 0.31% 169,336 $5.4M New
TSLA Tesla Inc. 0.25% 10,472 $4.4M Reduce -20.7%
MCK McKesson Corp. 0.25% 5,807 $4.4M Add +126.5%
JPM JPMorgan Chase & Co. 0.25% 13,393 $4.4M Reduce -40.6%
COST Costco Wholesale Corp. 0.23% 4,314 $4.0M Add +106.3%
WDC Western Digital Corp. 0.23% 6,248 $4.0M Reduce -31.7%
NDSN Nordson Corp. 0.21% 12,365 $3.7M No change
CTSH Cognizant Tech Solutions-A 0.20% 91,114 $3.5M Add +406.5%
AMD Advanced Micro Devices 0.20% 5,982 $3.5M New
STX Seagate Technology Holdings 0.19% 3,490 $3.4M Reduce -19.9%
AMP Ameriprise Financial Inc. 0.18% 6,939 $3.2M No change
LLY Eli Lilly & Co. 0.18% 2,644 $3.2M No change
PH Parker Hannifin Corp. 0.14% 2,581 $2.5M Add +7.0%
V Visa Inc. Class A 0.14% 7,352 $2.5M Reduce -94.3%
SLB SLB Ltd. filed as SLB LIMITED 0.14% 54,150 $2.5M New
ITW Illinois Tool Works 0.14% 9,273 $2.5M Add +105.2%
ALL Allstate Corp. 0.14% 10,253 $2.4M Reduce -19.7%
TRV The Travelers Cos Inc. 0.14% 7,193 $2.4M Reduce -13.3%
SLF Sun Life Financial Inc. 0.14% 21,291 $2.4M Reduce -87.5%
HAL Halliburton Co. 0.13% 66,791 $2.3M New
BKR Baker Hughes Co. 0.13% 40,359 $2.2M New
VRT Vertiv Holdings Co. Class A 0.13% 6,658 $2.2M Add +40.2%
TMUS T-Mobile US Inc. 0.12% 12,924 $2.2M Reduce -59.6%
TXN Texas Instruments Inc. 0.12% 7,135 $2.1M New
GE General Electric filed as GE AEROSPACE 0.12% 5,612 $2.1M Reduce -90.6%
MA Mastercard Inc. Class A 0.11% 3,765 $1.9M Reduce -95.1%
PCAR Paccar Inc. 0.11% 15,555 $1.9M New
CME Cme Group Inc. 0.11% 8,376 $1.8M Reduce -84.0%
O Realty Income Corp. 0.11% 29,751 $1.8M Add +288.6%
MRVL Marvell Technology Inc. 0.10% 5,735 $1.7M No change
CVS CVS Health Corp. 0.09% 15,497 $1.6M New
TD Toronto-Dominion Bank 0.09% 9,178 $1.6M Reduce -66.8%
SSNC Ss&c Technologies Holdings 0.09% 25,357 $1.6M Reduce -73.5%
GLW Corning Inc. 0.08% 5,801 $1.5M New
ACGL Arch Capital Group Ltd. 0.08% 15,156 $1.5M Reduce -23.8%
HD Home Depot Inc. 0.08% 4,122 $1.5M New
SYF Synchrony Financial 0.08% 18,819 $1.4M No change
EIX Edison International 0.08% 19,054 $1.4M New
WPC WP Carey Inc. 0.08% 19,634 $1.4M Reduce -79.9%
LOW Lowe's Cos Inc. 0.08% 6,179 $1.4M New
HWM Howmet Aerospace Inc. 0.08% 5,007 $1.3M Reduce -32.5%
AXP American Express Co. 0.08% 3,962 $1.3M Reduce -47.6%
PNR Pentair PLC 0.08% 17,317 $1.3M No change
TGT Target Corp. 0.08% 10,116 $1.3M New
CMCSA Comcast Corp. Class A 0.07% 51,955 $1.3M New
IBKR Interactive Brokers Gro Class A 0.07% 14,519 $1.3M Reduce -69.9%
NFLX Netflix Inc. 0.07% 17,093 $1.2M No change
YUM Yum! Brands Inc. 0.07% 7,595 $1.2M Add +106.1%
GM General Motors Co. 0.07% 15,643 $1.2M New
FIX Comfort Systems USA Inc. 0.07% 600 $1.2M No change
PDD PDD Holdings Inc. 0.07% 14,882 $1.1M No change
STT State Street Corp. 0.06% 6,688 $1.1M New
RF Regions Financial Corp. 0.06% 37,482 $1.1M No change
F Ford Motor Co. filed as FORD MTR CO 0.06% 80,498 $1.1M No change
CINF Cincinnati Financial Corp. 0.06% 5,916 $1.1M No change
AVY Avery Dennison Corp. 0.06% 6,707 $1.1M No change
PGR Progressive Corp. 0.06% 4,956 $1.1M Reduce -93.6%
FITB Fifth Third Bancorp 0.06% 19,096 $1.1M No change
FLEX Flex Ltd. 0.06% 6,637 $1.1M Reduce -91.1%
CI The Cigna Group 0.06% 3,865 $1.1M New
CSX CSX Corp. 0.06% 22,187 $1.1M Add +60.2%
GS Goldman Sachs Group Inc. 0.06% 1,006 $1.0M Reduce -33.5%
CIEN Ciena Corp. 0.06% 1,996 $979K Reduce -44.1%
HCA HCA Healthcare Inc. 0.05% 2,412 $940K Add +152.8%
ANET Arista Networks Inc. 0.05% 5,398 $917K Reduce -50.2%
CRBG Corebridge Financial Inc. 0.05% 32,027 $917K Reduce -30.0%
MCD McDonald's Corp. 0.05% 3,340 $903K Reduce -58.0%
MS Morgan Stanley 0.05% 4,147 $867K Reduce -25.8%
TER Teradyne Inc. 0.05% 1,727 $836K No change
AWK American Water Works Co. Inc. 0.05% 6,291 $828K New
UNH Unitedhealth Group Inc. 0.05% 1,923 $799K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 8,277 $797K Reduce -66.3%
WAB Wabtec Corp. 0.04% 2,898 $781K Add +6.2%
C Citigroup Inc. 0.04% 5,570 $780K No change
DRI Darden Restaurants Inc. 0.04% 3,688 $760K No change
BAC Bank of America Corp. 0.04% 13,223 $753K Reduce -59.0%
MET Metlife Inc. 0.04% 8,899 $753K Reduce -75.7%
KR Kroger Co. 0.04% 13,399 $744K New
NXPI NXP Semiconductors NV 0.04% 2,605 $732K New
ES Eversource Energy 0.04% 9,498 $686K New
FTV Fortive Corp. 0.04% 10,061 $615K No change
PKG Packaging Corp. of America 0.03% 2,563 $611K Reduce -34.5%
REGN Regeneron Pharmaceuticals 0.03% 921 $574K New
CSL Carlisle Cos Inc. 0.03% 1,449 $526K No change
PFG Principal Financial Group 0.03% 4,604 $496K Reduce -58.3%
GGG Graco Inc. 0.02% 5,692 $430K No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.02% 1,115 $265K New
FAST Fastenal Co. 0.01% 3,354 $161K Reduce -70.6%
HLT Hilton Worldwide Holdings Inc. 0.01% 484 $160K New
RSG Republic Services Inc. 0.01% 563 $120K Reduce -99.5%
TRP TC Energy Corp. 0.00% 920 $86K New
BMY Bristol-Myers Squibb Co. 0.00% 929 $54K New
ADP Automatic Data Processing 0.00% 237 $53K Reduce -99.8%
GLPI Gaming and Leisure Propertie 0.00% 855 $38K New

Portfolio Sells Q1 2026 → Q2 2026
MA Mastercard Inc. Class A Reduce -95.1% 0.11% −2.45
V Visa Inc. Class A Reduce -94.3% 0.14% −2.44
RSG Republic Services Inc. Reduce -99.5% 0.01% −1.60
ADP Automatic Data Processing Reduce -99.8% 0.00% −1.59
TT Trane Technologies PLC Reduce -70.1% 0.56% −1.28
FOXA Fox Corp. Class A Sold out 0.00% −1.20
DELL Dell Technologies -C Sold out 0.00% −1.15
META Meta Platforms Inc. Class A Reduce -32.2% 1.55% −1.15
CM Can Imperial BK of Commerce Reduce -44.9% 1.48% −1.04
GE General Electric Reduce -90.6% 0.12% −1.01
PGR Progressive Corp. Reduce -93.6% 0.06% −0.96
BKNG Booking Holdings Inc. Reduce -53.3% 0.71% −0.95
CME Cme Group Inc. Reduce -84.0% 0.11% −0.92
SLF Sun Life Financial Inc. Reduce -87.5% 0.14% −0.85
VRSN Verisign Inc. Sold out 0.00% −0.77
ALLE Allegion PLC Sold out 0.00% −0.67
INTU Intuit Inc. Sold out 0.00% −0.63
RY Royal Bank of Canada Reduce -31.3% 2.06% −0.61
KO The Coca-Cola Co. Reduce -17.8% 1.78% −0.57
MFC Manulife Financial Corp. Reduce -48.4% 0.61% −0.54
PAYX Paychex Inc. Sold out 0.00% −0.47
CSCO Cisco Systems Inc. Reduce -33.1% 3.18% −0.47
FFIV F5 Inc. Sold out 0.00% −0.44
ADSK Autodesk Inc. Sold out 0.00% −0.43
CCEP Coca-Cola Europacific Partne Sold out 0.00% −0.40
PG The Procter & Gamble Co. Sold out 0.00% −0.37
WPC WP Carey Inc. Reduce -79.9% 0.08% −0.36
LIN Linde PLC Reduce -13.0% 1.24% −0.34
SSNC Ss&c Technologies Holdings Reduce -73.5% 0.09% −0.34
HIG Hartford Insurance Group Inc. Reduce -33.1% 0.44% −0.34
TMUS T-Mobile US Inc. Reduce -59.6% 0.12% −0.32
FLEX Flex Ltd. Reduce -91.1% 0.06% −0.26
PEP Pepsico Inc. Sold out 0.00% −0.26
FOX Fox Corp. Class B Sold out 0.00% −0.25
APH Amphenol Corp. Class A Reduce -47.7% 0.41% −0.24
MCO Moody's Corp. Sold out 0.00% −0.23
MSI Motorola Solutions Inc. Sold out 0.00% −0.21
EMR Emerson Electric Co. Sold out 0.00% −0.21
CRM Salesforce Inc. Sold out 0.00% −0.21
MNST Monster Beverage Corp. Sold out 0.00% −0.20
JPM JPMorgan Chase & Co. Reduce -40.6% 0.25% −0.19
J Jacobs Solutions Inc. Sold out 0.00% −0.18
BAP Credicorp Ltd. Reduce -10.4% 1.26% −0.16
GIB Cgi Inc. Sold out 0.00% −0.15
TD Toronto-Dominion Bank Reduce -66.8% 0.09% −0.15
CTAS Cintas Corp. Sold out 0.00% −0.14
IBKR Interactive Brokers Gro Class A Reduce -69.9% 0.07% −0.14
MET Metlife Inc. Reduce -75.7% 0.04% −0.13
PPG PPG Industries Inc. Sold out 0.00% −0.12
JCI Johnson Controls Internation Sold out 0.00% −0.12

Portfolio Buys Q1 2026 → Q2 2026
MU Micron Technology Inc. Add +21.9% 3.09% +2.23
VZ Verizon Communications Inc. Add +2416.9% 2.10% +1.99
ENB Enbridge Inc. Add +269.9% 2.31% +1.60
AAPL Apple Inc. Add +53.5% 4.08% +1.37
ROST Ross Stores Inc. New 1.31% +1.31
KLAC KLA Corp. Add +4.5% 2.84% +1.30
HPQ HP Inc. New 1.18% +1.18
AMAT Applied Materials Inc. New 1.16% +1.16
ABBV Abbvie Inc. Add +57.7% 3.01% +1.09
AME Ametek Inc. Add +510.9% 1.25% +1.04
QCOM Qualcomm Inc. Add +147.3% 1.50% +1.01
NTAP Netapp Inc. Add +35.6% 2.10% +0.91
NVDA Nvidia Corp. Add +27.9% 3.97% +0.83
CAT Caterpillar Inc. Add +21.4% 2.27% +0.82
T AT&T Inc. Add +334.9% 1.25% +0.78
MRK Merck & Co. Inc. Add +128.7% 1.49% +0.78
ORCL Oracle Corp. New 0.73% +0.73
PFE Pfizer Inc. Add +101.9% 1.94% +0.64
ADI Analog Devices Inc. Add +1630.1% 0.65% +0.62
LVS Las Vegas Sands Corp. Add +1034.5% 0.70% +0.61
EXPE Expedia Group Inc. Add +806.4% 0.61% +0.54
TPR Tapestry Inc. Add +251.3% 0.78% +0.53
RPRX Royalty Pharma PLC Class A New 0.51% +0.51
BMO Bank of Montreal Add +85.8% 0.91% +0.48
AMGN Amgen Inc. Add +931.1% 0.53% +0.47
SNA Snap-on Inc. Add +139.6% 0.81% +0.46
EXPD Expeditors Intl Wash Inc. New 0.42% +0.42
CDW CDW Corp. Add +48.3% 1.08% +0.35
EOG EOG Resources Inc. New 0.34% +0.34
CAH Cardinal Health Inc. Add +19.1% 2.50% +0.33
EBAY eBay Inc. New 0.32% +0.32
KMI Kinder Morgan Inc. New 0.31% +0.31
ABT Abbott Laboratories Add +387.6% 0.38% +0.28
GOOGL Alphabet Inc. Class A Add +3.0% 2.95% +0.27
WMT Walmart Inc. Add +73.6% 0.99% +0.26
GILD Gilead Sciences Inc. Add +52.4% 1.44% +0.23
CMI Cummins Inc. Add +42.5% 0.56% +0.21
AMD Advanced Micro Devices New 0.20% +0.20
IBM Intl Business Machines Corp. Add +18.0% 1.25% +0.19
ATO Atmos Energy Corp. Add +68.3% 0.70% +0.18
AER Aercap Holdings NV Add +47.3% 0.67% +0.17
SLB SLB Ltd. New 0.14% +0.14
KDP Keurig Dr Pepper Inc. Add +28.6% 0.49% +0.13
HAL Halliburton Co. New 0.13% +0.13
CTSH Cognizant Tech Solutions-A Add +406.5% 0.20% +0.13
BKR Baker Hughes Co. New 0.13% +0.13
AMZN Amazon.com Inc. Add +37.6% 0.49% +0.13
PEG Public Service Enterprise GP Add +32.1% 0.99% +0.12
TXN Texas Instruments Inc. New 0.12% +0.12
BNY Bank of New York Mellon Corp. Add +10.6% 0.87% +0.12

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 162$1.7BAAPL, NVDA, CSCO, MU, ABBV
Q1 2026 171$1.5BCSCO, NVDA, MSFT, AAPL, META
Q4 2025 148$1.8BMSFT, CSCO, NVDA, V, MA
Q3 2025 141$1.9BMSFT, CSCO, META, MA, V