Pictet North America Advisors SA

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Pictet North America Advisors SA reported 141 stock positions worth $895.6 million. Its top holding was Burford Capital (BUR) at 13.4% of the portfolio, followed by iShares MSCI Japan ETF (EWJ, 6.7%) and Microsoft (MSFT, 3.9%). Compared with Q4 2023, it opened 24 new positions, sold out of 11, added to 22 and reduced 54. The biggest buy was a new position in Vanguard Short-Term Bond ETF (BSV) and the biggest sale Vanguard S/T Corp. Bond ETF (VCSH, shares −97%).

Most Recent 13F
Q2 2026
Location
GENEVA 73, V8
CIK
0001599576
Portfolio Value
$895.6M (Q1 2024)
SEC Filing
0001599576-24-000004 ↗ filed May 3, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $895.6M $895.6M Q1 2024 Q2 2024: $920.9M Q2 2024 Q3 2024: $1.0B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $996.5M Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.0B Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 141 stocks · $895.6M
BUR Burford Capital Ltd. 13.41% 7,647,727 $120.1M No change
EWJ iShares MSCI Japan ETF 6.69% 839,153 $59.9M Reduce -4.5%
MSFT Microsoft Corp. 3.85% 82,410 $34.5M Reduce -2.4%
GLD SPDR Gold Shares 3.62% 158,309 $32.4M Reduce -0.3%
TSM Taiwan Semiconductor-SP ADR 3.05% 201,069 $27.4M Reduce -1.7%
AMZN Amazon.com Inc. 3.02% 150,157 $27.1M Add +1.0%
VGIT Vanguard Intermediate-Term T 2.57% 393,405 $23.0M Add +2505.3%
BSV Vanguard Short-Term Bond ETF 2.53% 295,610 $22.7M New
CP Canadian Pacific Kansas City 2.48% 250,521 $22.2M New
GOOGL Alphabet Inc. Class A 2.33% 138,214 $20.9M Reduce -7.0%
UBS UBS Group AG-Reg 2.28% 662,355 $20.4M Reduce -1.1%
PYLD PIMCO Multisector Bond Actv 2.11% 734,485 $18.9M New
AAPL Apple Inc. 2.10% 109,747 $18.8M Add +1.0%
SONY Sony Group Corp. - SP ADR 2.09% 218,129 $18.7M New
ALC Alcon Inc. filed as ALCON AG 2.04% 220,222 $18.3M Add +11.8%
EEM iShares MSCI Emerging Market 2.00% 436,720 $17.9M Add +6.5%
UNH Unitedhealth Group Inc. 1.92% 34,743 $17.2M Reduce -1.5%
V Visa Inc. Class A 1.91% 61,432 $17.1M Reduce -5.8%
VT Vanguard Tot World STK ETF 1.91% 154,461 $17.1M Reduce -7.8%
SIHY Harbor Ares Systemt Hi YD-US 1.77% 348,058 $15.8M Add +24.4%
JPM JPMorgan Chase & Co. 1.72% 76,983 $15.4M Reduce -4.2%
YUMC Yum China Holdings Inc. 1.35% 304,739 $12.1M New
META Meta Platforms Inc. Class A 1.34% 24,753 $12.0M Add +17.7%
SPGI S&P Global Inc. 1.30% 27,390 $11.7M Add +13.9%
VWOB Vanguard Emerg MKTS Gov BND 1.29% 180,705 $11.5M New
TMO Thermo Fisher Scientific Inc. 0.95% 14,713 $8.6M Reduce -9.6%
IGSB iShares 1-5Y Inv Grade Corp. 0.93% 163,140 $8.4M New
XLV SS Health Care Select Sector 0.91% 55,071 $8.1M Reduce -14.0%
VGK Vanguard Ftse Europe ETF 0.88% 116,966 $7.9M Add +49.6%
MCD McDonald's Corp. 0.83% 26,348 $7.4M Add +3.5%
CME Cme Group Inc. 0.78% 32,256 $6.9M Reduce -12.1%
PM Philip Morris International 0.75% 73,681 $6.8M Reduce -6.1%
IEF iShares 7-10 Year Treasury B 0.68% 64,484 $6.1M Reduce -56.6%
MA Mastercard Inc. Class A 0.67% 12,540 $6.0M Reduce -12.0%
MU Micron Technology Inc. 0.64% 48,511 $5.7M Reduce -39.4%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.63% 103,670 $5.7M Reduce -3.9%
LLY Eli Lilly & Co. 0.61% 7,025 $5.5M Add +75.0%
LOGI Logitech International-Reg 0.60% 60,111 $5.4M Reduce -26.6%
XLP SS Consumer Staples Sel Sect 0.56% 65,577 $5.0M Reduce -23.8%
BSX Boston Scientific Corp. 0.56% 72,727 $5.0M Reduce -9.1%
CVX Chevron Corp. 0.55% 31,006 $4.9M Reduce -20.3%
GOOG Alphabet Inc. Class C 0.54% 31,991 $4.9M Add +35.0%
PEP Pepsico Inc. 0.53% 27,189 $4.8M Add +12.3%
FAST Fastenal Co. 0.52% 60,338 $4.7M Reduce -19.7%
VSS Vanguard Ftse All Wo X-US SC 0.52% 39,540 $4.6M Add +17.5%
HD Home Depot Inc. 0.49% 11,410 $4.4M Reduce -6.6%
AMD Advanced Micro Devices 0.49% 24,180 $4.4M Add +15.9%
AZN Astrazeneca PLC-Spons ADR 0.47% 62,733 $4.3M Reduce -13.7%
TTE Totalenergies SE -Spon ADR 0.47% 60,540 $4.2M Reduce -20.1%
INDA iShares MSCI India ETF 0.44% 77,034 $4.0M Reduce -13.2%
BLK BlackRock Finance Inc. 0.44% 4,766 $4.0M Reduce -19.4%
VCIT Vanguard Int-Term Corporate 0.41% 45,660 $3.7M Reduce -66.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.41% 6,987 $3.7M Reduce -11.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.39% 34,458 $3.5M Reduce -9.7%
PG The Procter & Gamble Co. 0.39% 21,533 $3.5M Add +12.7%
EOG EOG Resources Inc. 0.39% 27,219 $3.5M Reduce -12.6%
IYR iShares US Real Estate ETF 0.38% 37,434 $3.4M No change
GE General Electric Co.-Wi 0.37% 22,582 $3.3M New
ORCL Oracle Corp. 0.36% 26,014 $3.3M Reduce -9.9%
NVDA Nvidia Corp. 0.36% 3,594 $3.2M Add +140.7%
UNP Union Pacific Corp. 0.35% 12,591 $3.1M New
ICVT iShares Convertible Bond ETF 0.33% 37,378 $3.0M New
EZU iShares MSCI Eurozone ETF 0.33% 57,223 $2.9M No change
OTIS Otis Worldwide Corp. 0.32% 29,129 $2.9M New
LEMB iShares JP Morgan Em Local C 0.32% 78,270 $2.8M Reduce -74.8%
EWQ iShares MSCI France ETF 0.30% 64,364 $2.7M Reduce -0.5%
AWK American Water Works Co. Inc. 0.30% 21,642 $2.6M Reduce -9.3%
IXN iShares Global Tech ETF 0.29% 34,330 $2.6M Add +3.2%
LIN Linde PLC 0.28% 5,456 $2.5M Add +127.7%
CB Chubb Ltd. 0.25% 8,665 $2.2M Reduce -8.7%
ALGN Align Technology Inc. 0.24% 6,615 $2.2M Reduce -9.6%
IGF iShares Global Infrastructur 0.24% 45,550 $2.2M No change
ICE Intercontinental Exchange Inc. 0.24% 15,373 $2.1M Reduce -0.9%
BRK.B Berkshire Hathaway Inc. Class B 0.22% 4,650 $2.0M No change
ACWI iShares MSCI Acwi ETF 0.20% 16,595 $1.8M No change
DHR Danaher Corp. 0.19% 6,809 $1.7M Reduce -15.8%
VNQI Vanguard GLBL Ex-US Real Est 0.19% 40,022 $1.7M No change
AVGO Broadcom Inc. 0.18% 1,240 $1.6M Add +148.0%
EWT iShares MSCI Taiwan ETF 0.18% 32,409 $1.6M No change
XLE SS Energy Select Sector 0.17% 16,507 $1.6M Reduce -16.1%
CMG Chipotle Mexican Grill Inc. 0.17% 520 $1.5M New
VB Vanguard Most SM-Cap ETF-Usd 0.17% 6,524 $1.5M Add +280.4%
ABBV Abbvie Inc. 0.16% 7,932 $1.4M New
EWL iShares MSCI Switzerland ETF 0.16% 30,269 $1.4M Reduce -26.2%
QQQ Invesco QQQ Trust Series 1 0.14% 2,846 $1.3M Reduce -4.5%
BX Blackstone Inc. 0.13% 8,800 $1.2M No change
PH Parker Hannifin Corp. 0.13% 2,060 $1.1M New
EWU iShares MSCI United Kingdom 0.12% 30,979 $1.1M Reduce -6.1%
RTX RTX Corp. 0.12% 10,831 $1.1M No change
DFUV Dimensional US Marketwide Va 0.12% 25,825 $1.1M No change
ZTS Zoetis Inc. 0.12% 6,210 $1.1M No change
AME Ametek Inc. 0.11% 5,580 $1.0M New
RSP Invesco S&P 500 Equal Weight 0.11% 5,863 $993K Reduce -46.4%
TXN Texas Instruments Inc. 0.11% 5,600 $976K No change
MRK Merck & Co. Inc. 0.11% 7,375 $973K No change
ROK Rockwell Automation Inc. 0.11% 3,250 $947K New
QCOM Qualcomm Inc. 0.10% 5,500 $931K No change
MDLZ Mondelez International Inc. Class A 0.10% 12,500 $875K New
ADP Automatic Data Processing 0.10% 3,425 $855K No change
AMAT Applied Materials Inc. 0.09% 3,959 $813K New
NKE Nike Inc. Class B 0.09% 8,570 $805K New
HON Honeywell International Inc. 0.08% 3,575 $734K No change
ORLY O'reilly Automotive Inc. 0.08% 600 $677K New
XLK SS Technology Select Sector 0.07% 3,187 $664K No change
NEE Nextera Energy Inc. 0.07% 10,257 $656K No change
EIDO iShares MSCI Indonesia ETF 0.07% 27,659 $623K No change
JNJ Johnson & Johnson 0.06% 3,550 $562K No change
CNYA iShares MSCI China A ETF 0.06% 21,165 $549K Reduce -28.6%
EWG iShares MSCI Germany ETF 0.06% 15,548 $494K Reduce -6.4%
HDB HDFC Bank Ltd.-ADR 0.05% 8,560 $479K No change
INCO Columbia India Consumer ETF 0.05% 7,182 $460K No change
CBRE CBRE Group Inc. Class A 0.05% 4,631 $450K No change
COST Costco Wholesale Corp. 0.05% 600 $440K Add +9.1%
TSLA Tesla Inc. 0.05% 2,416 $425K New
IVW iShares S&P 500 Growth ETF 0.05% 4,872 $411K No change
EWC iShares MSCI Canada ETF 0.05% 10,553 $404K No change
VCSH Vanguard S/T Corp. Bond ETF 0.04% 5,110 $395K Reduce -97.0%
BIDU Baidu Inc. - Spon ADR 0.04% 3,605 $380K No change
KMB Kimberly-Clark Corp. 0.04% 2,925 $378K No change
DEO Diageo PLC-Sponsored ADR 0.04% 2,453 $365K Reduce -1.1%
INTC Intel Corp. 0.04% 8,225 $362K No change
ISRG Intuitive Surgical Inc. 0.04% 905 $361K No change
SDY SS SPDR S&P Dividend ETF 0.04% 2,682 $352K No change
CSCO Cisco Systems Inc. 0.04% 7,074 $352K Reduce -91.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.04% 2,133 $347K No change
VNM Vaneck Vietnam ETF 0.04% 24,178 $336K No change
TCOM Trip.com Group Ltd.-ADR 0.04% 7,413 $325K No change
THD iShares MSCI Thailand ETF 0.04% 5,488 $321K No change
CTAS Cintas Corp. 0.03% 445 $306K Reduce -3.3%
EWA iShares MSCI Australia ETF 0.03% 11,741 $290K Reduce -65.3%
ADBE Adobe Inc. 0.03% 560 $283K Reduce -2.8%
CG The Carlyle Group Inc. 0.03% 5,950 $279K No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.03% 3,121 $268K No change
SMMU PIMCO SHRT TRM Muni BND ETF 0.03% 4,900 $245K Reduce -95.4%
IYJ iShares U.S. Industrials ETF 0.03% 1,891 $238K No change
XLF SS Financial Select Sector 0.03% 5,467 $230K No change
AN Autonation Inc. 0.02% 1,320 $219K New
IWM iShares Russell 2000 ETF 0.02% 1,036 $218K No change
DE Deere & Co. 0.02% 500 $205K New
ROP Roper Technologies Inc. 0.02% 360 $202K New
PFE Pfizer Inc. 0.02% 7,275 $202K No change

Portfolio Sells Q4 2023 → Q1 2024
VCSH Vanguard S/T Corp. Bond ETF Reduce -97.0% 0.04% −1.64
VOO Vanguard S&P 500 ETF Sold out 0.00% −1.54
IEF iShares 7-10 Year Treasury B Reduce -56.6% 0.68% −1.17
LEMB iShares JP Morgan Em Local C Reduce -74.8% 0.32% −1.16
VCIT Vanguard Int-Term Corporate Reduce -66.1% 0.41% −1.00
SMMU PIMCO SHRT TRM Muni BND ETF Reduce -95.4% 0.03% −0.67
EWJ iShares MSCI Japan ETF Reduce -4.5% 6.69% −0.60
VEU Vanguard Ftse All-World Ex-U Sold out 0.00% −0.59
CSCO Cisco Systems Inc. Reduce -91.4% 0.04% −0.50
UNH Unitedhealth Group Inc. Reduce -1.5% 1.92% −0.48
BHP BHP Group Ltd.-Spon ADR Sold out 0.00% −0.44
UBS UBS Group AG-Reg Reduce -1.1% 2.28% −0.41
LOGI Logitech International-Reg Reduce -26.6% 0.60% −0.40
GOOGL Alphabet Inc. Class A Reduce -7.0% 2.33% −0.35
WPM Wheaton Precious Metals Corp. Sold out 0.00% −0.35
VT Vanguard Tot World STK ETF Reduce -7.8% 1.91% −0.32
GLD SPDR Gold Shares Reduce -0.3% 3.62% −0.30
V Visa Inc. Class A Reduce -5.8% 1.91% −0.28
EQIX Equinix Inc. Sold out 0.00% −0.25
MSFT Microsoft Corp. Reduce -2.4% 3.85% −0.25
JCI Johnson Controls Internation Sold out 0.00% −0.25
MU Micron Technology Inc. Reduce -39.4% 0.64% −0.24
XLP SS Consumer Staples Sel Sect Reduce -23.8% 0.56% −0.24
CME Cme Group Inc. Reduce -12.1% 0.78% −0.22
XLV SS Health Care Select Sector Reduce -14.0% 0.91% −0.22
CVX Chevron Corp. Reduce -20.3% 0.55% −0.20
PM Philip Morris International Reduce -6.1% 0.75% −0.20
LYB Lyondellbasell Indu Class A Sold out 0.00% −0.20
TTE Totalenergies SE -Spon ADR Reduce -20.1% 0.47% −0.19
BLK BlackRock Finance Inc. Reduce -19.4% 0.44% −0.18
TMO Thermo Fisher Scientific Inc. Reduce -9.6% 0.95% −0.16
AZN Astrazeneca PLC-Spons ADR Reduce -13.7% 0.47% −0.16
INDA iShares MSCI India ETF Reduce -13.2% 0.44% −0.12
RSP Invesco S&P 500 Equal Weight Reduce -46.4% 0.11% −0.11
AWK American Water Works Co. Inc. Reduce -9.3% 0.30% −0.11
MA Mastercard Inc. Class A Reduce -12.0% 0.67% −0.11
FAST Fastenal Co. Reduce -19.7% 0.52% −0.11
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.11
EOG EOG Resources Inc. Reduce -12.6% 0.39% −0.10
EWL iShares MSCI Switzerland ETF Reduce -26.2% 0.16% −0.09
SLB SLB Ltd. Reduce -3.9% 0.63% −0.09
SPY SS SPDR S&P 500 ETF Trust-US Reduce -11.4% 0.41% −0.08
EWA iShares MSCI Australia ETF Reduce -65.3% 0.03% −0.07
TJX TJX Companies Inc. Reduce -9.7% 0.39% −0.07
HD Home Depot Inc. Reduce -6.6% 0.49% −0.06
UBER Uber Technologies Inc. Sold out 0.00% −0.06
DHR Danaher Corp. Reduce -15.8% 0.19% −0.05
FEZ State Street SPDR Euro Stoxx Sold out 0.00% −0.05
JPM JPMorgan Chase & Co. Reduce -4.2% 1.72% −0.04
BSX Boston Scientific Corp. Reduce -9.1% 0.56% −0.04

Portfolio Buys Q4 2023 → Q1 2024
BSV Vanguard Short-Term Bond ETF New 2.53% +2.53
CP Canadian Pacific Kansas City New 2.48% +2.48
VGIT Vanguard Intermediate-Term T Add +2505.3% 2.57% +2.46
PYLD PIMCO Multisector Bond Actv New 2.11% +2.11
SONY Sony Group Corp. - SP ADR New 2.09% +2.09
YUMC Yum China Holdings Inc. New 1.35% +1.35
VWOB Vanguard Emerg MKTS Gov BND New 1.29% +1.29
IGSB iShares 1-5Y Inv Grade Corp. New 0.93% +0.93
META Meta Platforms Inc. Class A Add +17.7% 1.34% +0.38
GE General Electric Co.-Wi New 0.37% +0.37
UNP Union Pacific Corp. New 0.35% +0.35
ICVT iShares Convertible Bond ETF New 0.33% +0.33
OTIS Otis Worldwide Corp. New 0.32% +0.32
LLY Eli Lilly & Co. Add +75.0% 0.61% +0.31
NVDA Nvidia Corp. Add +140.7% 0.36% +0.27
VGK Vanguard Ftse Europe ETF Add +49.6% 0.88% +0.23
CMG Chipotle Mexican Grill Inc. New 0.17% +0.17
ABBV Abbvie Inc. New 0.16% +0.16
LIN Linde PLC Add +127.7% 0.28% +0.16
SIHY Harbor Ares Systemt Hi YD-US Add +24.4% 1.77% +0.13
PH Parker Hannifin Corp. New 0.13% +0.13
VB Vanguard Most SM-Cap ETF-Usd Add +280.4% 0.17% +0.12
AME Ametek Inc. New 0.11% +0.11
GOOG Alphabet Inc. Class C Add +35.0% 0.54% +0.11
AVGO Broadcom Inc. Add +148.0% 0.18% +0.11
ROK Rockwell Automation Inc. New 0.11% +0.11
AMZN Amazon.com Inc. Add +1.0% 3.02% +0.11
MDLZ Mondelez International Inc. Class A New 0.10% +0.10
AMAT Applied Materials Inc. New 0.09% +0.09
AMD Advanced Micro Devices Add +15.9% 0.49% +0.09
NKE Nike Inc. Class B New 0.09% +0.09
ORLY O'reilly Automotive Inc. New 0.08% +0.08
ALC Alcon Inc. Add +11.8% 2.04% +0.06
TSLA Tesla Inc. New 0.05% +0.05
PG The Procter & Gamble Co. Add +12.7% 0.39% +0.03
AN Autonation Inc. New 0.02% +0.02
DE Deere & Co. New 0.02% +0.02
ROP Roper Technologies Inc. New 0.02% +0.02
VSS Vanguard Ftse All Wo X-US SC Add +17.5% 0.52% +0.02
COST Costco Wholesale Corp. Add +9.1% 0.05% +0.00
PEP Pepsico Inc. Add +12.3% 0.53% −0.00
IXN iShares Global Tech ETF Add +3.2% 0.29% −0.01
SPGI S&P Global Inc. Add +13.9% 1.30% −0.07
EEM iShares MSCI Emerging Market Add +6.5% 2.00% −0.13
MCD McDonald's Corp. Add +3.5% 0.83% −0.15
AAPL Apple Inc. Add +1.0% 2.10% −0.60

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 154$1.1BTSM, GLD, GOOGL, AZN, MSFT
Q1 2026 154$1.0BGLD, TSM, AZN, GOOGL, SONY
Q4 2025 152$1.1BBUR, GLD, TSM, GOOGL, MSFT
Q3 2025 144$1.1BBUR, GLD, TSM, SIHY, MSFT
Q2 2025 144$996.5MBUR, GLD, MSFT, SIHY, TSM
Q1 2025 140$1.0BBUR, GLD, EWJ, SIHY, MSFT
Q4 2024 146$1.1BBUR, EWJ, TSM, MSFT, AMZN
Q3 2024 142$1.0BBUR, EWJ, MSFT, IEF, TSM
Q2 2024 139$920.9MBUR, EWJ, MSFT, TSM, GLD
Q1 2024 141$895.6MBUR, EWJ, MSFT, GLD, TSM