PICTET BANK & TRUST Ltd

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 1, 2024), PICTET BANK & TRUST Ltd reported 39 stock positions worth $95.0 million. Its top holding was Amazon.com (AMZN) at 11.3% of the portfolio, followed by Alphabet Class C (GOOG, 6.6%) and Pepsico (PEP, 6.0%). Compared with Q4 2023, it opened 1 new position, sold out of 5, added to 3 and reduced 21. The biggest buy was a new position in Waste Management (WM) and the biggest sale an exit from Colgate-Palmolive (CL).

Most Recent 13F
Q2 2026
Location
NASSAU, C5
CIK
0001535631
Portfolio Value
$95.0M (Q1 2024)
SEC Filing
0001535631-24-000004 ↗ filed May 1, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $95.0M $95.0M Q1 2024 Q2 2024: $98.1M Q2 2024 Q3 2024: $98.8M Q3 2024 Q4 2024: $100.1M Q4 2024 Q1 2025: $81.8M Q1 2025 Q2 2025: $85.3M Q2 2025 Q3 2025: $83.2M Q3 2025 Q4 2025: $83.4M Q4 2025 Q1 2026: $76.1M Q1 2026 Q2 2026: $93.3M Q2 2026

Holdings 39 stocks · $95.0M
AMZN Amazon.com Inc. 11.31% 59,555 $10.7M Reduce -4.7%
GOOG Alphabet Inc. Class C 6.59% 41,100 $6.3M No change
PEP Pepsico Inc. 5.99% 32,485 $5.7M Reduce -7.2%
MCD McDonald's Corp. 5.48% 18,468 $5.2M Reduce -3.9%
GOOGL Alphabet Inc. Class A 4.84% 30,450 $4.6M Reduce -12.6%
MSFT Microsoft Corp. 4.48% 10,158 $4.3M Reduce -9.7%
ZTS Zoetis Inc. 4.28% 24,050 $4.1M No change
MA Mastercard Inc. Class A 4.06% 8,000 $3.9M No change
AAPL Apple Inc. 3.89% 21,550 $3.7M Reduce -2.9%
WM Waste Management Inc. 3.82% 17,000 $3.6M New
META Meta Platforms Inc. Class A 3.56% 6,969 $3.4M Reduce -14.6%
TXN Texas Instruments Inc. 3.53% 19,250 $3.4M No change
SPY SS SPDR S&P 500 ETF Trust-US 2.93% 5,316 $2.8M Reduce -56.1%
NKE Nike Inc. Class B 2.70% 27,325 $2.6M Reduce -2.5%
TSM Taiwan Semiconductor-SP ADR 2.68% 18,680 $2.5M Add +66.4%
V Visa Inc. Class A 2.62% 8,910 $2.5M Reduce -34.5%
WFC Wells Fargo & Co. 2.32% 38,015 $2.2M Reduce -11.9%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 2.21% 13,600 $2.1M No change
TMO Thermo Fisher Scientific Inc. 2.08% 3,401 $2.0M Reduce -13.8%
QQQ Invesco QQQ Trust Series 1 1.96% 4,200 $1.9M No change
CRM Salesforce Inc. 1.91% 6,026 $1.8M Reduce -10.6%
UNH Unitedhealth Group Inc. 1.80% 3,450 $1.7M Reduce -11.7%
RACE Ferrari NV 1.73% 3,755 $1.6M Add +13.6%
MRK Merck & Co. Inc. 1.70% 12,220 $1.6M Add +8.6%
HON Honeywell International Inc. 1.68% 7,751 $1.6M Reduce -11.8%
DHR Danaher Corp. 1.38% 5,234 $1.3M Reduce -10.4%
MDT Medtronic PLC 1.37% 14,975 $1.3M Reduce -10.6%
SCZ iShares MSCI Eafe Small-Cap 1.19% 17,800 $1.1M No change
EA Electronic Arts Inc. 1.16% 8,295 $1.1M Reduce -10.3%
JNJ Johnson & Johnson 0.69% 4,170 $660K No change
SHEL Shell PLC-ADR 0.63% 8,870 $595K Reduce -8.3%
ROL Rollins Inc. 0.60% 12,400 $574K No change
CVX Chevron Corp. 0.54% 3,230 $510K Reduce -5.3%
ALC Alcon Inc. filed as ALCON AG 0.48% 5,500 $456K No change
NEOG Neogen Corp. 0.41% 24,850 $392K No change
BP BP PLC-Spons ADR 0.40% 10,060 $379K Reduce -9.0%
VGT Vanguard Info Tech ETF 0.39% 710 $372K No change
XLE SS Energy Select Sector 0.32% 3,200 $302K No change
XLK SS Technology Select Sector 0.31% 1,400 $292K No change

Options reported separately and not counted above: MSFT puts ($404K), AMZN puts ($382K), MU calls ($216K), MSFT calls ($209K), MU puts ($195K).

Portfolio Sells Q4 2023 → Q1 2024
CL Colgate-Palmolive Co. Sold out 0.00% −3.40
SPY SS SPDR S&P 500 ETF Trust-US Reduce -56.1% 2.93% −2.91
V Visa Inc. Class A Reduce -34.5% 2.62% −0.97
IGF iShares Global Infrastructur Sold out 0.00% −0.51
BAC Bank of America Corp. Sold out 0.00% −0.45
AAPL Apple Inc. Reduce -2.9% 3.89% −0.44
SHV iShares 0-1 Year Treasury Bo Sold out 0.00% −0.41
NKE Nike Inc. Class B Reduce -2.5% 2.70% −0.38
PICK iShares MSCI Global Metals & Sold out 0.00% −0.29
MCD McDonald's Corp. Reduce -3.9% 5.48% −0.29
UNH Unitedhealth Group Inc. Reduce -11.7% 1.80% −0.29
HON Honeywell International Inc. Reduce -11.8% 1.68% −0.19
EA Electronic Arts Inc. Reduce -10.3% 1.16% −0.12
GOOGL Alphabet Inc. Class A Reduce -12.6% 4.84% −0.09
TMO Thermo Fisher Scientific Inc. Reduce -13.8% 2.08% −0.04
PEP Pepsico Inc. Reduce -7.2% 5.99% −0.03
MDT Medtronic PLC Reduce -10.6% 1.37% −0.02
SHEL Shell PLC-ADR Reduce -8.3% 0.63% −0.02
BP BP PLC-Spons ADR Reduce -9.0% 0.40% +0.00
DHR Danaher Corp. Reduce -10.4% 1.38% +0.01
CVX Chevron Corp. Reduce -5.3% 0.54% +0.02
CRM Salesforce Inc. Reduce -10.6% 1.91% +0.11
WFC Wells Fargo & Co. Reduce -11.9% 2.32% +0.17
MSFT Microsoft Corp. Reduce -9.7% 4.48% +0.20
META Meta Platforms Inc. Class A Reduce -14.6% 3.56% +0.64
AMZN Amazon.com Inc. Reduce -4.7% 11.31% +1.69

Portfolio Buys Q4 2023 → Q1 2024
WM Waste Management Inc. New 3.82% +3.82
TSM Taiwan Semiconductor-SP ADR Add +66.4% 2.68% +1.49
RACE Ferrari NV Add +13.6% 1.73% +0.60
MRK Merck & Co. Inc. Add +8.6% 1.70% +0.45

Options Activity Q4 2023 → Q1 2024
MSFT Microsoft Corp. put New 964 $404K
AMZN Amazon.com Inc. put New 2,120 $382K
MU Micron Technology Inc. call New 1,835 $216K
MSFT Microsoft Corp. call New 499 $209K
MU Micron Technology Inc. put New 1,657 $195K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 38$93.3MAMZN, MSFT, GOOG, TXN, MA
Q1 2026 33$76.1MAMZN, MSFT, GOOG, MA, WM
Q4 2025 31$83.4MAMZN, MSFT, GOOG, MA, GOOGL
Q3 2025 33$83.2MAMZN, GOOG, MSFT, MA, GOOGL
Q2 2025 35$85.3MAMZN, GOOG, MSFT, MA, SPY
Q1 2025 36$81.8MAMZN, GOOG, SPY, MA, MCD
Q4 2024 42$100.1MAMZN, GOOG, PEP, GOOGL, SPY
Q3 2024 41$98.8MAMZN, GOOG, SPY, PEP, GOOGL
Q2 2024 40$98.1MAMZN, GOOG, GOOGL, PEP, MCD
Q1 2024 39$95.0MAMZN, GOOG, PEP, MCD, GOOGL