LGT Fund Management Co Ltd.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), LGT Fund Management Co Ltd. reported 243 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 5.8% of the portfolio, followed by Amazon.com (AMZN, 5.0%) and Nvidia (NVDA, 3.7%). Compared with Q3 2024, it opened 50 new positions, sold out of 20, added to 96 and reduced 49. The biggest buy was a new position in BlackRock (BLK) and the biggest sale 3M (MMM, shares −83%).
- Most Recent 13F
- Q2 2026
- Location
- VADUZ, N2
- CIK
- 0001911284
- Portfolio Value
- $1.1B (Q4 2024)
- SEC Filing
- 0001911284-25-000001 ↗ filed Feb 6, 2025
Holdings Value
Holdings 243 stocks · $1.1B
| MSFT Microsoft Corp. | 5.75% | 155,416 | $65.5M | Add +14.3% |
| AMZN Amazon.com Inc. | 5.04% | 261,391 | $57.3M | Add +19.0% |
| NVDA Nvidia Corp. | 3.71% | 314,735 | $42.3M | Add +8.4% |
| AAPL Apple Inc. | 3.53% | 160,612 | $40.2M | Add +13.4% |
| V Visa Inc. Class A | 3.28% | 118,111 | $37.3M | Add +2.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.80% | 70,447 | $31.9M | Add +3.9% |
| GOOGL Alphabet Inc. Class A | 2.72% | 163,796 | $31.0M | Reduce -6.7% |
| AVGO Broadcom Inc. | 2.16% | 106,127 | $24.6M | Add +82.8% |
| CRM Salesforce Inc. | 2.11% | 71,766 | $24.0M | Add +19.0% |
| BLK BlackRock Inc. | 1.76% | 19,587 | $20.1M | New |
| LLY Eli Lilly & Co. | 1.72% | 25,321 | $19.5M | Add +14.6% |
| MCD McDonald's Corp. | 1.65% | 64,981 | $18.8M | Add +25.6% |
| UNH Unitedhealth Group Inc. | 1.61% | 36,351 | $18.4M | Add +1.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.58% | 90,954 | $18.0M | Add +40.7% |
| KO The Coca-Cola Co. | 1.55% | 284,385 | $17.7M | Add +17.8% |
| GOOG Alphabet Inc. Class C | 1.47% | 87,893 | $16.7M | No change |
| PYPL PayPal Holdings Inc. | 1.42% | 189,000 | $16.1M | Add +166.2% |
| ABT Abbott Laboratories | 1.32% | 133,355 | $15.1M | Add +16.6% |
| SPGI S&P Global Inc. | 1.31% | 29,896 | $14.9M | Add +16.5% |
| META Meta Platforms Inc. Class A | 1.28% | 24,807 | $14.5M | Reduce -0.1% |
| BKNG Booking Holdings Inc. | 1.25% | 2,867 | $14.2M | Add +251.8% |
| FTNT Fortinet Inc. | 1.21% | 146,315 | $13.8M | Add +36.5% |
| AMT American Tower Corp. | 1.15% | 71,173 | $13.1M | Add +17.3% |
| NOW ServiceNow Inc. | 1.14% | 12,237 | $13.0M | Reduce -4.4% |
| HD Home Depot Inc. | 1.09% | 31,931 | $12.4M | Add +29.5% |
| BN Brookfield Corp. | 0.99% | 197,227 | $11.3M | No change |
| PG The Procter & Gamble Co. | 0.97% | 65,699 | $11.0M | Add +6.5% |
| CB Chubb Ltd. | 0.90% | 37,095 | $10.2M | Add +6.7% |
| JPM JPMorgan Chase & Co. | 0.85% | 40,167 | $9.6M | Reduce -0.9% |
| GIS General Mills Inc. | 0.81% | 144,000 | $9.2M | No change |
| ICE Intercontinental Exchange Inc. | 0.79% | 60,122 | $9.0M | Add +29.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.78% | 13 | $8.9M | No change |
| MA Mastercard Inc. Class A | 0.78% | 16,769 | $8.8M | Reduce -3.1% |
| MCO Moody's Corp. | 0.77% | 18,607 | $8.8M | No change |
| PANW Palo Alto Networks Inc. | 0.76% | 47,381 | $8.6M | Add +41.5% |
| WMT Walmart Inc. | 0.75% | 94,023 | $8.5M | Add +14.5% |
| BERY Berry Global Group Inc. | 0.75% | 131,261 | $8.5M | No change |
| UBS UBS Group AG-Reg | 0.74% | 274,891 | $8.4M | Add +15.1% |
| AER Aercap Holdings NV | 0.71% | 84,819 | $8.1M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.71% | 183,202 | $8.1M | Add +9.2% |
| NYT New York Times Co. Class A | 0.70% | 153,282 | $8.0M | Add +23.2% |
| HCA HCA Healthcare Inc. | 0.69% | 26,199 | $7.9M | Add +38.8% |
| FAST Fastenal Co. | 0.66% | 105,258 | $7.6M | Add +14.4% |
| SHW The Sherwin-Williams Co. | 0.66% | 22,091 | $7.5M | Add +23.4% |
| VEEV Veeva Systems Inc. Class A | 0.61% | 33,249 | $7.0M | Add +95.3% |
| COP Conocophillips | 0.60% | 69,394 | $6.9M | Add +21.7% |
| LGIH Lgi Homes Inc. | 0.54% | 68,499 | $6.1M | No change |
| PGR Progressive Corp. | 0.51% | 24,313 | $5.8M | Add +46.5% |
| CYBR Cyberark Software Ltd./Israel | 0.51% | 17,321 | $5.8M | Add +42.4% |
| WM Waste Management Inc. | 0.49% | 27,490 | $5.5M | Add +17.5% |
| MRK Merck & Co. Inc. | 0.48% | 54,897 | $5.5M | Reduce -46.6% |
| AMD Advanced Micro Devices | 0.47% | 44,368 | $5.4M | Add +7.3% |
| C Citigroup Inc. | 0.46% | 75,028 | $5.3M | Add +7.8% |
| TMUS T-Mobile US Inc. | 0.46% | 23,733 | $5.2M | Add +102.0% |
| TMO Thermo Fisher Scientific Inc. | 0.46% | 10,034 | $5.2M | Add +7.5% |
| ROP Roper Technologies Inc. | 0.46% | 10,014 | $5.2M | Add +27.3% |
| CP Canadian Pacific Kansas City | 0.45% | 71,338 | $5.2M | Reduce -2.5% |
| AME Ametek Inc. | 0.44% | 28,095 | $5.1M | Add +25.9% |
| PEP Pepsico Inc. | 0.43% | 32,243 | $4.9M | Reduce -5.8% |
| EFX Equifax Inc. | 0.40% | 17,729 | $4.5M | New |
| XOM Exxon Mobil Corp. | 0.37% | 38,859 | $4.2M | Reduce -2.0% |
| STLA Stellantis NV | 0.36% | 315,264 | $4.1M | Add +7.7% |
| INTU Intuit Inc. | 0.35% | 6,337 | $4.0M | Add +18.7% |
| AEM Agnico Eagle Mines Ltd. | 0.33% | 48,800 | $3.8M | Reduce -5.6% |
| CL Colgate-Palmolive Co. | 0.33% | 41,756 | $3.8M | Add +294.8% |
| AON Aon PLC Class A | 0.33% | 10,533 | $3.8M | Reduce -6.2% |
| ABBV Abbvie Inc. | 0.33% | 21,239 | $3.8M | Add +424.3% |
| EOG EOG Resources Inc. | 0.33% | 30,641 | $3.8M | Add +2.3% |
| CC The Chemours Co. | 0.32% | 215,481 | $3.6M | Add +12.3% |
| TEVA Teva Pharmaceutical-SP ADR | 0.31% | 161,447 | $3.6M | New |
| DHR Danaher Corp. | 0.30% | 14,699 | $3.4M | Add +9.9% |
| BMY Bristol-Myers Squibb Co. | 0.29% | 59,088 | $3.3M | Add +6.0% |
| ACN Accenture PLC Class A | 0.29% | 9,497 | $3.3M | Reduce -1.3% |
| VITL Vital Farms Inc. | 0.28% | 83,162 | $3.1M | New |
| CPRT Copart Inc. | 0.27% | 53,300 | $3.1M | Reduce -36.0% |
| COST Costco Wholesale Corp. | 0.27% | 3,309 | $3.0M | Reduce -2.9% |
| NEE Nextera Energy Inc. | 0.27% | 42,103 | $3.0M | Reduce -26.1% |
| AMAT Applied Materials Inc. | 0.26% | 18,540 | $3.0M | Reduce -36.7% |
| CALM Cal-Maine Foods Inc. | 0.26% | 29,294 | $3.0M | New |
| WFC Wells Fargo & Co. | 0.26% | 41,995 | $2.9M | No change |
| UBER Uber Technologies Inc. | 0.26% | 48,879 | $2.9M | Add +499.2% |
| AZN Astrazeneca PLC-Spons ADR | 0.26% | 44,860 | $2.9M | Add +65.2% |
| MSCI MSCI Inc. | 0.25% | 4,785 | $2.9M | Add +7.4% |
| AZO AutoZone Inc. | 0.25% | 884 | $2.8M | Add +19.8% |
| PM Philip Morris International | 0.25% | 23,490 | $2.8M | Add +985.5% |
| FCX Freeport-McMoran Inc. | 0.25% | 73,862 | $2.8M | Add +7.0% |
| PFE Pfizer Inc. | 0.25% | 105,560 | $2.8M | Reduce -80.5% |
| IQV Iqvia Holdings Inc. | 0.24% | 14,200 | $2.8M | Reduce -49.6% |
| GDDY GoDaddy Inc. Class A | 0.24% | 14,137 | $2.8M | New |
| YOU Clear Secure Inc. Class A | 0.24% | 103,357 | $2.8M | New |
| MMM 3M Co. | 0.24% | 21,100 | $2.7M | Reduce -82.6% |
| PLD Prologis Inc. | 0.24% | 25,650 | $2.7M | Reduce -10.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.23% | 34,554 | $2.7M | Add +2.6% |
| KMB Kimberly-Clark Corp. | 0.23% | 20,162 | $2.6M | New |
| GRMN Garmin Ltd. | 0.23% | 12,800 | $2.6M | New |
| SRE Sempra | 0.23% | 30,000 | $2.6M | Add +50.0% |
| BBD Banco Bradesco-ADR | 0.23% | 1,364,814 | $2.6M | New |
| CPNG Coupang Inc. | 0.23% | 118,233 | $2.6M | New |
| CNK Cinemark Holdings Inc. | 0.23% | 83,777 | $2.6M | New |
| SPOT Spotify Technology SA | 0.22% | 5,720 | $2.6M | New |
Other holdings (5): bonds, preferreds, convertibles and warrants · $4.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LITHIUM ARGENTINA AG (LARCN 1.75 01/15/27) | NOTE 1.750% 1/1 · principal | 1,300,000 | $999K | No change |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | 1,000,000 | $963K | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 1,000,000 | $960K | New |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | 1,000,000 | $960K | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 9,500 | $387K | Reduce -5.0% |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q3 2024 → Q4 2024
| MMM 3M Co. | Reduce -82.6% | 0.24% | −1.46 |
| PFE Pfizer Inc. | Reduce -80.5% | 0.25% | −1.37 |
| NKE Nike Inc. Class B | Reduce -79.8% | 0.21% | −1.12 |
| MRK Merck & Co. Inc. | Reduce -46.6% | 0.48% | −0.72 |
| B Barrick Gold Corp. | Sold out | 0.00% | −0.54 |
| IQV Iqvia Holdings Inc. | Reduce -49.6% | 0.24% | −0.43 |
| AMAT Applied Materials Inc. | Reduce -36.7% | 0.26% | −0.35 |
| ELV Elevance Health Inc. | Reduce -46.0% | 0.15% | −0.30 |
| MNST Monster Beverage Corp. | Reduce -88.3% | 0.03% | −0.30 |
| GOOGL Alphabet Inc. Class A | Reduce -6.7% | 2.72% | −0.30 |
| NFLX Netflix Inc. | Reduce -92.8% | 0.02% | −0.30 |
| ADBE Adobe Inc. | Reduce -57.1% | 0.13% | −0.28 |
| CVX Chevron Corp. | Reduce -46.1% | 0.21% | −0.27 |
| NEE Nextera Energy Inc. | Reduce -26.1% | 0.27% | −0.24 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.24 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.23 |
| VZ Verizon Communications Inc. | Reduce -83.4% | 0.03% | −0.21 |
| META Meta Platforms Inc. Class A | Reduce -0.1% | 1.28% | −0.20 |
| CHKP Check Point Software Tech | Sold out | 0.00% | −0.20 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.19 |
| CPRT Copart Inc. | Reduce -36.0% | 0.27% | −0.19 |
| CP Canadian Pacific Kansas City | Reduce -2.5% | 0.45% | −0.18 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.18 |
| PEP Pepsico Inc. | Reduce -5.8% | 0.43% | −0.17 |
| USB US Bancorp | Sold out | 0.00% | −0.14 |
| XOM Exxon Mobil Corp. | Reduce -2.0% | 0.37% | −0.13 |
| MRVL Marvell Technology Inc. | Reduce -70.0% | 0.09% | −0.13 |
| PLD Prologis Inc. | Reduce -10.2% | 0.24% | −0.13 |
| AWK American Water Works Co. Inc. | Reduce -33.5% | 0.11% | −0.12 |
| AI C3.AI Inc. Class A | Sold out | 0.00% | −0.12 |
| MA Mastercard Inc. Class A | Reduce -3.1% | 0.78% | −0.12 |
| TJX TJX Companies Inc. | Reduce -58.9% | 0.06% | −0.11 |
| AEM Agnico Eagle Mines Ltd. | Reduce -5.6% | 0.33% | −0.10 |
| ORLY O'reilly Automotive Inc. | Reduce -16.1% | 0.20% | −0.08 |
| AON Aon PLC Class A | Reduce -6.2% | 0.33% | −0.07 |
| ACN Accenture PLC Class A | Reduce -1.3% | 0.29% | −0.06 |
| JCI Johnson Controls Internation | Reduce -26.7% | 0.11% | −0.06 |
| APTV Aptiv Irish Holdings Ltd. | Sold out | 0.00% | −0.06 |
| ZTS Zoetis Inc. | Reduce -45.5% | 0.04% | −0.06 |
| SBUX Starbucks Corp. | Reduce -61.6% | 0.02% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -2.9% | 0.27% | −0.04 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -59.4% | 0.02% | −0.04 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.04 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.04 |
| NXPI NXP Semiconductors NV | Reduce -15.9% | 0.06% | −0.03 |
| NOW ServiceNow Inc. | Reduce -4.4% | 1.14% | −0.03 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −0.03 |
| EMR Emerson Electric Co. | Reduce -15.7% | 0.12% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -28.6% | 0.03% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| BLK BlackRock Inc. | New | 1.76% | +1.76 |
| AVGO Broadcom Inc. | Add +82.8% | 2.16% | +1.13 |
| BKNG Booking Holdings Inc. | Add +251.8% | 1.25% | +0.90 |
| PYPL PayPal Holdings Inc. | Add +166.2% | 1.42% | +0.85 |
| AMZN Amazon.com Inc. | Add +19.0% | 5.04% | +0.82 |
| EFX Equifax Inc. | New | 0.40% | +0.40 |
| TSM Taiwan Semiconductor-SP ADR | Add +40.7% | 1.58% | +0.40 |
| CRM Salesforce Inc. | Add +19.0% | 2.11% | +0.36 |
| FTNT Fortinet Inc. | Add +36.5% | 1.21% | +0.35 |
| TEVA Teva Pharmaceutical-SP ADR | New | 0.31% | +0.31 |
| VITL Vital Farms Inc. | New | 0.28% | +0.28 |
| CALM Cal-Maine Foods Inc. | New | 0.26% | +0.26 |
| ABBV Abbvie Inc. | Add +424.3% | 0.33% | +0.25 |
| VEEV Veeva Systems Inc. Class A | Add +95.3% | 0.61% | +0.25 |
| GDDY GoDaddy Inc. Class A | New | 0.24% | +0.24 |
| YOU Clear Secure Inc. Class A | New | 0.24% | +0.24 |
| KMB Kimberly-Clark Corp. | New | 0.23% | +0.23 |
| GRMN Garmin Ltd. | New | 0.23% | +0.23 |
| BBD Banco Bradesco-ADR | New | 0.23% | +0.23 |
| CPNG Coupang Inc. | New | 0.23% | +0.23 |
| CNK Cinemark Holdings Inc. | New | 0.23% | +0.23 |
| SPOT Spotify Technology SA | New | 0.22% | +0.22 |
| MO Altria Group Inc. | New | 0.22% | +0.22 |
| CAH Cardinal Health Inc. | New | 0.22% | +0.22 |
| EXEL Exelixis Inc. | New | 0.22% | +0.22 |
| PM Philip Morris International | Add +985.5% | 0.25% | +0.22 |
| CL Colgate-Palmolive Co. | Add +294.8% | 0.33% | +0.22 |
| PNW Pinnacle West Capital | New | 0.22% | +0.22 |
| STNG Scorpio Tankers Inc. | New | 0.21% | +0.21 |
| MCK McKesson Corp. | New | 0.21% | +0.21 |
| TSN Tyson Foods Inc. Class A | New | 0.21% | +0.21 |
| TXRH Texas Roadhouse Inc. | New | 0.21% | +0.21 |
| COR Cencora Inc. | New | 0.21% | +0.21 |
| RYAN Ryan Specialty Holdings Inc. | New | 0.21% | +0.21 |
| HRB H&R Block Inc. | New | 0.21% | +0.21 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.21% | +0.21 |
| TMUS T-Mobile US Inc. | Add +102.0% | 0.46% | +0.21 |
| UTHR United Therapeutics Corp. | New | 0.21% | +0.21 |
| SFM Sprouts Farmers Market Inc. | New | 0.20% | +0.20 |
| LMT Lockheed Martin Corp. | New | 0.20% | +0.20 |
| PPC Pilgrim's Pride Corp. | New | 0.20% | +0.20 |
| PDD PDD Holdings Inc. | New | 0.20% | +0.20 |
| UBER Uber Technologies Inc. | Add +499.2% | 0.26% | +0.20 |
| AAPL Apple Inc. | Add +13.4% | 3.53% | +0.20 |
| LRCX Lam Research Corp. | New | 0.19% | +0.19 |
| ABNB Airbnb Inc. Class A | New | 0.18% | +0.18 |
| THC Tenet Healthcare Corp. | New | 0.18% | +0.18 |
| PANW Palo Alto Networks Inc. | Add +41.5% | 0.76% | +0.18 |
| BAH Booz Allen Hamilton Holdings | New | 0.18% | +0.18 |
| LDOS Leidos Holdings Inc. | New | 0.17% | +0.17 |
Notes & Other Activity Q3 2024 → Q4 2024
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | New | 1,000,000 | $963K |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | New | 1,000,000 | $960K |
| PDD HOLDINGS INC (PDD 0 12/01/25) | NOTE 12/0 · principal | New | 1,000,000 | $960K |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Reduce -5.0% | 9,500 | $387K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 235 | $2.4B | AAPL, NVDA, MSFT, GOOGL, AVGO |
| Q1 2026 | 242 | $2.3B | AAPL, NVDA, MSFT, GOOGL, AMZN |
| Q4 2025 | 218 | $1.3B | MSFT, AMZN, NVDA, AAPL, GOOGL |
| Q3 2025 | 233 | $1.2B | MSFT, NVDA, AMZN, AAPL, GOOGL |
| Q2 2025 | 232 | $1.1B | MSFT, NVDA, AMZN, V, BRK.B |
| Q1 2025 | 233 | $1.1B | MSFT, AMZN, V, NVDA, BRK.B |
| Q4 2024 | 243 | $1.1B | MSFT, AMZN, NVDA, AAPL, V |
| Q3 2024 | 213 | $962.8M | MSFT, AMZN, NVDA, AAPL, V |
| Q2 2024 | 196 | $801.2M | MSFT, AMZN, GOOGL, BRK.B, V |
| Q1 2024 | 127 | $239.0M | MSFT, GOOGL, BRK.B, LLY, AMZN |