Unisphere Establishment

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Unisphere Establishment reported 61 stock positions worth $12.8 billion. Its top holding was JPMorgan Chase (JPM) at 11.9% of the portfolio, followed by Intuit (INTU, 9.1%) and Thermo Fisher Scientific (TMO, 7.8%). Compared with Q2 2025, it opened 9 new positions, sold out of 6, added to 23 and reduced 10. The biggest buy was Nvidia (NVDA, shares +59%) and the biggest sale an exit from SS SPDR S&P 500 ETF Trust-US (SPY).

Most Recent 13F
Q2 2026
Location
VADUZ, N2
CIK
0002012090
Portfolio Value
$12.8B (Q3 2025)
SEC Filing
0000947871-25-001008 ↗ filed Nov 14, 2025

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $9.9B Q1 2024 Q2 2024: $9.9B Q2 2024 Q3 2024: $10.6B Q3 2024 Q4 2024: $11.5B Q4 2024 Q1 2025: $11.5B Q1 2025 Q2 2025: $12.4B Q2 2025 Q3 2025: $12.8B $12.8B Q3 2025 Q4 2025: $13.4B Q4 2025 Q1 2026: $11.9B Q1 2026 Q2 2026: $11.7B Q2 2026

Holdings 61 stocks · $12.8B
JPM JPMorgan Chase & Co. 11.87% 4,800,000 $1.5B Reduce -0.5%
INTU Intuit Inc. 9.10% 1,700,000 $1.2B Add +13.3%
TMO Thermo Fisher Scientific Inc. 7.83% 2,060,000 $999.1M No change
BLK BlackRock Inc. 7.54% 825,000 $961.8M No change
MSFT Microsoft Corp. 7.30% 1,798,450 $931.5M Reduce -6.5%
HON Honeywell International Inc. 6.96% 4,215,000 $887.3M Add +5.4%
SPGI S&P Global Inc. 6.87% 1,800,000 $876.1M No change
ZTS Zoetis Inc. 5.51% 4,800,000 $702.3M No change
GOOGL Alphabet Inc. Class A 3.98% 2,088,600 $507.7M Reduce -19.3%
PFE Pfizer Inc. 2.88% 14,400,000 $366.9M Add +13.8%
V Visa Inc. Class A 2.70% 1,008,500 $344.3M Reduce -9.0%
NVDA Nvidia Corp. 2.23% 1,527,700 $285.0M Add +58.9%
AVGO Broadcom Inc. 1.94% 749,900 $247.4M Reduce -18.3%
AMZN Amazon.com Inc. 1.88% 1,093,800 $240.2M Add +0.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.88% 4,637,300 $239.2M Add +11.6%
LIN Linde PLC 1.75% 470,000 $223.3M Add +17.5%
BSX Boston Scientific Corp. 1.61% 2,107,200 $205.7M Add +7.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.58% 1,394,700 $201.6M Reduce -8.4%
CRM Salesforce Inc. 1.40% 756,100 $179.2M Add +2.9%
KKR KKR & Co. Inc. 1.37% 1,346,900 $175.0M Add +16.5%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 1.31% 537,500 $166.5M Add +1.4%
WMT Walmart Inc. 1.30% 1,607,000 $165.6M Add +8.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.27% 1,420,000 $162.6M Add +24.0%
UBER Uber Technologies Inc. 1.23% 1,600,000 $156.8M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.11% 500,000 $141.1M Reduce -33.3%
UNH Unitedhealth Group Inc. 0.95% 350,000 $120.9M No change
BA The Boeing Co. 0.81% 480,000 $103.6M Reduce -21.8%
CMG Chipotle Mexican Grill Inc. 0.61% 2,000,000 $78.4M Add +47.8%
COO The Cooper Cos Inc. 0.51% 948,100 $65.0M Add +702.8%
AAPL Apple Inc. 0.20% 97,700 $24.9M Add +50.1%
GRAB Grab Holdings Ltd. Class A 0.19% 3,955,331 $23.8M No change
META Meta Platforms Inc. Class A 0.17% 29,800 $21.9M Add +10.4%
AVDX Avidxchange Holdings Inc. 0.16% 2,040,316 $20.3M No change
USFD US Foods Holding Corp. 0.15% 247,000 $18.9M Reduce -14.1%
XLE SS Energy Select Sector 0.14% 202,300 $18.1M No change
TSM Taiwan Semiconductor-SP ADR 0.13% 58,000 $16.2M No change
RSG Republic Services Inc. 0.11% 63,100 $14.5M Add +61.8%
EUFN iShares MSCI Europe Financia 0.10% 372,000 $12.8M Add +67.2%
NIQ Niq Global Intelligence PLC 0.09% 750,000 $11.8M New
ORLY O'reilly Automotive Inc. 0.09% 105,900 $11.4M No change
DHR Danaher Corp. 0.09% 55,000 $10.9M Add +20.9%
BIRK Birkenstock Holding PLC 0.08% 238,200 $10.8M Add +86.8%
TSLA Tesla Inc. 0.08% 24,200 $10.8M No change
IR Ingersoll-Rand Inc. 0.08% 125,900 $10.4M Add +18.8%
ADI Analog Devices Inc. 0.08% 42,000 $10.3M No change
TEAM Atlassian Corp. Class A 0.08% 62,700 $10.0M Add +52.5%
NFLX Netflix Inc. 0.07% 7,700 $9.2M New
TOL Toll Brothers Inc. 0.06% 59,000 $8.2M No change
STUB Stubhub Holdings Inc. Class A 0.06% 475,000 $8.0M New
WST West Pharmaceutical Services 0.06% 29,500 $7.7M No change
ICE Intercontinental Exchange Inc. 0.06% 45,100 $7.6M New
LLY Eli Lilly & Co. 0.06% 9,700 $7.4M No change
CSCO Cisco Systems Inc. 0.05% 101,000 $6.9M New
AMP Ameriprise Financial Inc. 0.05% 13,550 $6.7M No change
SNPS Synopsys Inc. 0.05% 13,000 $6.4M New
HUBS HubSpot Inc. 0.05% 13,000 $6.1M Reduce -19.8%
SARO Standardaero Inc. 0.04% 195,000 $5.3M New
ORCL Oracle Corp. 0.03% 15,000 $4.2M New
MIAX Miami International Holdings 0.03% 100,000 $4.0M New
SONDQ Sonder Holdings Inc. 0.00% 129,673 $165K No change
ALLURION TECHNOLOGIES INC 0.00% 49,695 $102K No change

Portfolio Sells Q2 2025 → Q3 2025
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.85
IBM Intl Business Machines Corp. Reduce -33.3% 1.11% −0.67
V Visa Inc. Class A Reduce -9.0% 2.70% −0.47
MSFT Microsoft Corp. Reduce -6.5% 7.30% −0.40
MA Mastercard Inc. Class A Sold out 0.00% −0.38
KNTK Kinetik Holdings Inc. Sold out 0.00% −0.34
BA The Boeing Co. Reduce -21.8% 0.81% −0.22
AVGO Broadcom Inc. Reduce -18.3% 1.94% −0.10
BTSG Brightspring Health Services Sold out 0.00% −0.10
TTWO Take-Two Interactive Softwre Sold out 0.00% −0.08
ELV Elevance Health Inc. Sold out 0.00% −0.06
USFD US Foods Holding Corp. Reduce -14.1% 0.15% −0.03
HUBS HubSpot Inc. Reduce -19.8% 0.05% −0.02
TJX TJX Companies Inc. Reduce -8.4% 1.58% +0.07
GOOGL Alphabet Inc. Class A Reduce -19.3% 3.98% +0.31
JPM JPMorgan Chase & Co. Reduce -0.5% 11.87% +0.60

Portfolio Buys Q2 2025 → Q3 2025
NVDA Nvidia Corp. Add +58.9% 2.23% +1.01
COO The Cooper Cos Inc. Add +702.8% 0.51% +0.44
PFE Pfizer Inc. Add +13.8% 2.88% +0.41
BAC Bank of America Corp. Add +11.6% 1.88% +0.29
LIN Linde PLC Add +17.5% 1.75% +0.24
KKR KKR & Co. Inc. Add +16.5% 1.37% +0.13
DIS The Walt Disney Co. Add +24.0% 1.27% +0.13
WMT Walmart Inc. Add +8.1% 1.30% +0.13
NIQ Niq Global Intelligence PLC New 0.09% +0.09
AAPL Apple Inc. Add +50.1% 0.20% +0.09
NFLX Netflix Inc. New 0.07% +0.07
STUB Stubhub Holdings Inc. Class A New 0.06% +0.06
ICE Intercontinental Exchange Inc. New 0.06% +0.06
CSCO Cisco Systems Inc. New 0.05% +0.05
SNPS Synopsys Inc. New 0.05% +0.05
EUFN iShares MSCI Europe Financia Add +67.2% 0.10% +0.04
SARO Standardaero Inc. New 0.04% +0.04
RSG Republic Services Inc. Add +61.8% 0.11% +0.04
BIRK Birkenstock Holding PLC Add +86.8% 0.08% +0.03
ORCL Oracle Corp. New 0.03% +0.03
MIAX Miami International Holdings New 0.03% +0.03
DHR Danaher Corp. Add +20.9% 0.09% +0.01
TEAM Atlassian Corp. Class A Add +52.5% 0.08% +0.01
META Meta Platforms Inc. Class A Add +10.4% 0.17% +0.01
IR Ingersoll-Rand Inc. Add +18.8% 0.08% +0.01
CMG Chipotle Mexican Grill Inc. Add +47.8% 0.61% +0.00
AMZN Amazon.com Inc. Add +0.2% 1.88% −0.04
AJG Arthur J Gallagher & Co. Add +1.4% 1.31% −0.06
BSX Boston Scientific Corp. Add +7.2% 1.61% −0.09
CRM Salesforce Inc. Add +2.9% 1.40% −0.21
INTU Intuit Inc. Add +13.3% 9.10% −0.41
HON Honeywell International Inc. Add +5.4% 6.96% −0.55

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 56$11.7BJPM, GOOGL, TMO, BLK, SPGI
Q1 2026 50$11.9BJPM, TMO, HON, SPGI, BLK
Q4 2025 59$13.4BJPM, TMO, INTU, SPGI, MSFT
Q3 2025 61$12.8BJPM, INTU, TMO, BLK, MSFT
Q2 2025 58$12.4BJPM, INTU, MSFT, SPGI, HON
Q1 2025 62$11.5BJPM, TMO, INTU, SPGI, BLK
Q4 2024 62$11.5BJPM, INTU, TMO, SPGI, HON
Q3 2024 60$10.6BJPM, TMO, SPGI, ZTS, HON
Q2 2024 63$9.9BJPM, TMO, ZTS, SPGI, HON
Q1 2024 63$9.9BJPM, TMO, ZTS, SPGI, HON