PICTET BANK & TRUST Ltd

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 18, 2024), PICTET BANK & TRUST Ltd reported 41 stock positions worth $98.8 million. Its top holding was Amazon.com (AMZN) at 11.1% of the portfolio, followed by Alphabet Class C (GOOG, 7.0%) and SS SPDR S&P 500 ETF Trust-US (SPY, 6.4%). Compared with Q2 2024, it opened 2 new positions, sold out of 1, added to 3 and reduced 20. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +108%) and the biggest sale an exit from Medtronic (MDT).

Most Recent 13F
Q2 2026
Location
NASSAU, C5
CIK
0001535631
Portfolio Value
$98.8M (Q3 2024)
SEC Filing
0001535631-24-000013 ↗ filed Oct 18, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $95.0M Q1 2024 Q2 2024: $98.1M Q2 2024 Q3 2024: $98.8M $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 41 stocks · $98.8M
AMZN Amazon.com Inc. 11.11% 58,905 $11.0M Reduce -1.1%
GOOG Alphabet Inc. Class C 6.96% 41,100 $6.9M No change
SPY SS SPDR S&P 500 ETF Trust-US 6.41% 11,041 $6.3M Add +107.7%
PEP Pepsico Inc. 5.52% 32,060 $5.5M Reduce -1.3%
GOOGL Alphabet Inc. Class A 4.96% 29,520 $4.9M Reduce -2.8%
ZTS Zoetis Inc. 4.76% 24,050 $4.7M No change
MSFT Microsoft Corp. 4.30% 9,888 $4.2M Reduce -5.3%
TXN Texas Instruments Inc. 4.03% 19,250 $4.0M No change
MCD McDonald's Corp. 4.01% 13,000 $4.0M Reduce -29.6%
MA Mastercard Inc. Class A 4.00% 8,000 $4.0M No change
AAPL Apple Inc. 3.98% 16,850 $3.9M Reduce -21.8%
WM Waste Management Inc. 3.57% 17,000 $3.5M No change
TSM Taiwan Semiconductor-SP ADR 2.82% 16,013 $2.8M Reduce -3.7%
META Meta Platforms Inc. Class A 2.77% 4,772 $2.7M Reduce -31.2%
V Visa Inc. Class A 2.47% 8,885 $2.4M Reduce -3.2%
NKE Nike Inc. Class B 2.45% 27,325 $2.4M No change
WFC Wells Fargo & Co. 2.09% 36,500 $2.1M Reduce -3.2%
QQQ Invesco QQQ Trust Series 1 2.08% 4,200 $2.0M No change
TMO Thermo Fisher Scientific Inc. 1.99% 3,171 $2.0M Reduce -3.6%
UNH Unitedhealth Group Inc. 1.88% 3,170 $1.9M Reduce -3.9%
DHI D.R. Horton Inc. 1.83% 9,498 $1.8M New
NVDA Nvidia Corp. 1.57% 12,795 $1.6M Reduce -3.0%
MRK Merck & Co. Inc. 1.51% 13,144 $1.5M Add +7.6%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 1.37% 13,600 $1.4M No change
CRM Salesforce Inc. 1.35% 4,872 $1.3M Reduce -22.4%
SCZ iShares MSCI Eafe Small-Cap 1.22% 17,800 $1.2M No change
EA Electronic Arts Inc. 1.20% 8,265 $1.2M Reduce -4.1%
ORLY O'reilly Automotive Inc. 1.07% 920 $1.1M New
HON Honeywell International Inc. 0.98% 4,659 $963K Reduce -37.3%
JNJ Johnson & Johnson 0.68% 4,170 $676K No change
ROL Rollins Inc. 0.64% 12,400 $627K No change
SHEL Shell PLC-ADR 0.58% 8,750 $577K Reduce -1.4%
RACE Ferrari NV 0.57% 1,200 $562K Reduce -67.7%
ALC Alcon Inc. filed as ALCON AG 0.56% 5,500 $550K No change
XLK SS Technology Select Sector 0.52% 2,253 $509K Add +60.9%
CVX Chevron Corp. 0.47% 3,170 $467K Reduce -1.9%
NEOG Neogen Corp. 0.42% 24,850 $418K No change
VGT Vanguard Info Tech ETF 0.42% 710 $416K No change
BP BP PLC-Spons ADR 0.31% 9,825 $308K Reduce -2.3%
VERX Vertex Inc. Class A 0.30% 7,700 $297K No change
XLE SS Energy Select Sector 0.28% 3,200 $281K No change

Portfolio Sells Q2 2024 → Q3 2024
MDT Medtronic PLC Sold out 0.00% −1.20
RACE Ferrari NV Reduce -67.7% 0.57% −0.97
META Meta Platforms Inc. Class A Reduce -31.2% 2.77% −0.80
MCD McDonald's Corp. Reduce -29.6% 4.01% −0.79
GOOGL Alphabet Inc. Class A Reduce -2.8% 4.96% −0.68
AAPL Apple Inc. Reduce -21.8% 3.98% −0.65
HON Honeywell International Inc. Reduce -37.3% 0.98% −0.64
AMZN Amazon.com Inc. Reduce -1.1% 11.11% −0.62
MSFT Microsoft Corp. Reduce -5.3% 4.30% −0.44
CRM Salesforce Inc. Reduce -22.4% 1.35% −0.29
WFC Wells Fargo & Co. Reduce -3.2% 2.09% −0.20
TSM Taiwan Semiconductor-SP ADR Reduce -3.7% 2.82% −0.13
NVDA Nvidia Corp. Reduce -3.0% 1.57% −0.09
SHEL Shell PLC-ADR Reduce -1.4% 0.58% −0.07
BP BP PLC-Spons ADR Reduce -2.3% 0.31% −0.06
CVX Chevron Corp. Reduce -1.9% 0.47% −0.04
EA Electronic Arts Inc. Reduce -4.1% 1.20% −0.02
V Visa Inc. Class A Reduce -3.2% 2.47% +0.02
PEP Pepsico Inc. Reduce -1.3% 5.52% +0.06
TMO Thermo Fisher Scientific Inc. Reduce -3.6% 1.99% +0.13
UNH Unitedhealth Group Inc. Reduce -3.9% 1.88% +0.16

Portfolio Buys Q2 2024 → Q3 2024
SPY SS SPDR S&P 500 ETF Trust-US Add +107.7% 6.41% +3.46
DHI D.R. Horton Inc. New 1.83% +1.83
ORLY O'reilly Automotive Inc. New 1.07% +1.07
XLK SS Technology Select Sector Add +60.9% 0.52% +0.19
MRK Merck & Co. Inc. Add +7.6% 1.51% −0.03

Options Activity Q2 2024 → Q3 2024
AMZN Amazon.com Inc. put Sold out 1,091 $211Kbefore exit

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