PICTET BANK & TRUST Ltd

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 15, 2025), PICTET BANK & TRUST Ltd reported 35 stock positions worth $85.3 million. Its top holding was Amazon.com (AMZN) at 13.1% of the portfolio, followed by Alphabet Class C (GOOG, 8.5%) and Microsoft (MSFT, 5.7%). Compared with Q1 2025, it opened 1 new position, sold out of 2, added to 4 and reduced 7. The biggest buy was a new position in Philip Morris International (PM) and the biggest sale Pepsico (PEP, shares −54%).

Most Recent 13F
Q2 2026
Location
NASSAU, C5
CIK
0001535631
Portfolio Value
$85.3M (Q2 2025)
SEC Filing
0001535631-25-000010 ↗ filed Jul 15, 2025

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 Q3 2024 Q4 2024: $100.1M Q4 2024 Q1 2025: $81.8M Q1 2025 Q2 2025: $85.3M $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 35 stocks · $85.3M
AMZN Amazon.com Inc. 13.08% 50,851 $11.2M Reduce -5.3%
GOOG Alphabet Inc. Class C 8.55% 41,100 $7.3M No change
MSFT Microsoft Corp. 5.74% 9,875 $4.9M Add +9.5%
MA Mastercard Inc. Class A 5.27% 8,000 $4.5M No change
SPY SS SPDR S&P 500 ETF Trust-US 5.23% 7,220 $4.5M Reduce -10.4%
TXN Texas Instruments Inc. 4.69% 19,250 $4.0M No change
WM Waste Management Inc. 4.56% 17,000 $3.9M No change
MCD McDonald's Corp. 4.45% 13,000 $3.8M No change
ZTS Zoetis Inc. 4.40% 24,050 $3.8M No change
GOOGL Alphabet Inc. Class A 3.73% 18,048 $3.2M Reduce -13.2%
META Meta Platforms Inc. Class A 3.33% 3,851 $2.8M Add +1.9%
V Visa Inc. Class A 2.82% 6,777 $2.4M No change
WFC Wells Fargo & Co. 2.43% 25,918 $2.1M Add +1.0%
PM Philip Morris International 2.39% 11,210 $2.0M New
NVDA Nvidia Corp. 2.36% 12,760 $2.0M No change
NKE Nike Inc. Class B 2.28% 27,325 $1.9M No change
ETN Eaton Corp. PLC 2.24% 5,345 $1.9M No change
PG The Procter & Gamble Co. 2.18% 11,655 $1.9M No change
TSM Taiwan Semiconductor-SP ADR 2.17% 8,160 $1.8M Reduce -26.6%
MRSH Marsh & McLennan Cos 2.15% 8,395 $1.8M No change
SYK Stryker Corp. 2.15% 4,627 $1.8M No change
DHI D.R. Horton Inc. 1.94% 12,808 $1.7M Add +36.0%
SCZ iShares MSCI Eafe Small-Cap 1.63% 19,145 $1.4M Reduce -9.0%
CRM Salesforce Inc. 1.58% 4,932 $1.3M No change
ORLY O'reilly Automotive Inc. 1.47% 13,920 $1.3M No change
PEP Pepsico Inc. 1.41% 9,100 $1.2M Reduce -53.7%
MRK Merck & Co. Inc. 1.30% 14,013 $1.1M No change
UNH Unitedhealth Group Inc. 0.93% 2,555 $797K Reduce -35.4%
ROL Rollins Inc. 0.75% 11,330 $639K No change
JNJ Johnson & Johnson 0.75% 4,170 $637K No change
SHEL Shell PLC-ADR 0.69% 8,400 $591K No change
VGT Vanguard Info Tech ETF 0.55% 710 $471K No change
VERX Vertex Inc. Class A 0.38% 9,100 $322K No change
AAPL Apple Inc. 0.33% 1,360 $279K No change
NEOG Neogen Corp. 0.10% 18,550 $89K No change

Portfolio Sells Q1 2025 → Q2 2025
PEP Pepsico Inc. Reduce -53.7% 1.41% −2.19
UNH Unitedhealth Group Inc. Reduce -35.4% 0.93% −1.60
ALC Alcon Inc. Sold out 0.00% −0.79
RACE Ferrari NV Sold out 0.00% −0.62
SPY SS SPDR S&P 500 ETF Trust-US Reduce -10.4% 5.23% −0.28
GOOGL Alphabet Inc. Class A Reduce -13.2% 3.73% −0.20
TSM Taiwan Semiconductor-SP ADR Reduce -26.6% 2.17% −0.09
SCZ iShares MSCI Eafe Small-Cap Reduce -9.0% 1.63% −0.00
AMZN Amazon.com Inc. Reduce -5.3% 13.08% +0.59

Portfolio Buys Q1 2025 → Q2 2025
PM Philip Morris International New 2.39% +2.39
MSFT Microsoft Corp. Add +9.5% 5.74% +1.62
META Meta Platforms Inc. Class A Add +1.9% 3.33% +0.67
DHI D.R. Horton Inc. Add +36.0% 1.94% +0.47
WFC Wells Fargo & Co. Add +1.0% 2.43% +0.18

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