Unisphere Establishment
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Unisphere Establishment reported 59 stock positions worth $13.4 billion. Its top holding was JPMorgan Chase (JPM) at 11.6% of the portfolio, followed by Thermo Fisher Scientific (TMO, 8.5%) and Intuit (INTU, 8.4%). Compared with Q3 2025, it opened 7 new positions, sold out of 9, added to 23 and reduced 11. The biggest buy was S&P Global (SPGI, shares +11%) and the biggest sale Honeywell International (HON, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- VADUZ, N2
- CIK
- 0002012090
- Portfolio Value
- $13.4B (Q4 2025)
- SEC Filing
- 0000947871-26-000179 ↗ filed Feb 17, 2026
Holdings Value
Holdings 59 stocks · $13.4B
| JPM JPMorgan Chase & Co. | 11.56% | 4,800,000 | $1.5B | No change |
| TMO Thermo Fisher Scientific Inc. | 8.49% | 1,960,000 | $1.1B | Reduce -4.8% |
| INTU Intuit Inc. | 8.42% | 1,700,000 | $1.1B | No change |
| SPGI S&P Global Inc. | 7.81% | 2,000,000 | $1.0B | Add +11.1% |
| MSFT Microsoft Corp. | 6.82% | 1,887,450 | $912.8M | Add +5.0% |
| BLK BlackRock Inc. | 6.60% | 825,000 | $883.0M | No change |
| HON Honeywell International Inc. | 6.02% | 4,125,000 | $804.7M | Reduce -2.1% |
| ZTS Zoetis Inc. | 4.51% | 4,800,000 | $603.9M | No change |
| GOOGL Alphabet Inc. Class A | 4.18% | 1,788,600 | $559.8M | Reduce -14.4% |
| PFE Pfizer Inc. | 2.73% | 14,650,000 | $364.8M | Add +1.7% |
| NVDA Nvidia Corp. | 2.72% | 1,951,800 | $364.0M | Add +27.8% |
| V Visa Inc. Class A | 2.64% | 1,008,500 | $353.7M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.32% | 5,637,300 | $310.1M | Add +21.6% |
| AVGO Broadcom Inc. | 2.29% | 883,200 | $305.7M | Add +17.8% |
| AMZN Amazon.com Inc. | 1.87% | 1,083,500 | $250.1M | Reduce -0.9% |
| LIN Linde PLC | 1.82% | 571,600 | $243.7M | Add +21.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.60% | 1,394,700 | $214.2M | No change |
| BSX Boston Scientific Corp. | 1.55% | 2,176,700 | $207.5M | Add +3.3% |
| KKR KKR & Co. Inc. | 1.49% | 1,558,400 | $198.7M | Add +15.7% |
| WMT Walmart Inc. | 1.31% | 1,567,000 | $174.6M | Reduce -2.5% |
| UBER Uber Technologies Inc. | 1.28% | 2,100,000 | $171.6M | Add +31.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.25% | 644,500 | $166.8M | Add +19.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.21% | 1,420,000 | $161.6M | No change |
| DHR Danaher Corp. | 0.97% | 569,000 | $130.3M | Add +934.5% |
| RSG Republic Services Inc. | 0.93% | 589,400 | $124.9M | Add +834.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.93% | 420,000 | $124.4M | Reduce -16.0% |
| META Meta Platforms Inc. Class A | 0.88% | 177,600 | $117.2M | Add +496.0% |
| UNH Unitedhealth Group Inc. | 0.86% | 350,000 | $115.5M | No change |
| CRM Salesforce Inc. | 0.75% | 380,500 | $100.8M | Reduce -49.7% |
| CMG Chipotle Mexican Grill Inc. | 0.55% | 2,000,000 | $74.0M | No change |
| XLF SS Financial Select Sector | 0.53% | 1,300,000 | $71.2M | New |
| MDLN Medline Inc. Class A | 0.52% | 1,650,000 | $69.3M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.38% | 75,000 | $51.1M | New |
| IVV iShares Core S&P 500 ETF | 0.26% | 50,000 | $34.2M | New |
| AAPL Apple Inc. | 0.20% | 97,700 | $26.6M | No change |
| USFD US Foods Holding Corp. | 0.15% | 275,000 | $20.7M | Add +11.3% |
| GRAB Grab Holdings Ltd. Class A | 0.15% | 3,955,331 | $19.7M | No change |
| EUFN iShares MSCI Europe Financia | 0.13% | 477,000 | $17.7M | Add +28.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.12% | 52,100 | $15.8M | Reduce -10.2% |
| ADI Analog Devices Inc. | 0.11% | 56,500 | $15.3M | Add +34.5% |
| CSCO Cisco Systems Inc. | 0.11% | 193,500 | $14.9M | Add +91.6% |
| TEAM Atlassian Corp. Class A | 0.09% | 74,700 | $12.1M | Add +19.1% |
| BIRK Birkenstock Holding PLC | 0.08% | 271,200 | $11.1M | Add +13.8% |
| IR Ingersoll-Rand Inc. | 0.08% | 135,100 | $10.7M | Add +7.3% |
| LLY Eli Lilly & Co. | 0.08% | 9,700 | $10.4M | No change |
| ORLY O'reilly Automotive Inc. | 0.07% | 105,900 | $9.7M | No change |
| TSLA Tesla Inc. | 0.07% | 20,100 | $9.0M | Reduce -16.9% |
| ICE Intercontinental Exchange Inc. | 0.07% | 54,100 | $8.8M | Add +20.0% |
| WST West Pharmaceutical Services | 0.06% | 29,500 | $8.1M | No change |
| TOL Toll Brothers Inc. | 0.06% | 59,000 | $8.0M | No change |
| NFLX Netflix Inc. | 0.05% | 76,400 | $7.2M | Reduce -0.8% |
| AMP Ameriprise Financial Inc. | 0.05% | 13,550 | $6.6M | No change |
| MIAX Miami International Holdings | 0.04% | 135,000 | $6.0M | Add +35.0% |
| SARO Standardaero Inc. | 0.04% | 195,000 | $5.6M | No change |
| RACE Ferrari NV | 0.04% | 13,000 | $4.8M | New |
| MA Mastercard Inc. Class A | 0.04% | 8,200 | $4.7M | New |
| STUB Stubhub Holdings Inc. Class A | 0.03% | 250,000 | $3.4M | Reduce -47.4% |
| TXN Texas Instruments Inc. | 0.02% | 12,300 | $2.1M | New |
| ALLURION TECHNOLOGIES INC | 0.00% | 49,695 | $61K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| HON Honeywell International Inc. | Reduce -2.1% | 6.02% | −0.94 |
| BA The Boeing Co. | Sold out | 0.00% | −0.81 |
| CRM Salesforce Inc. | Reduce -49.7% | 0.75% | −0.65 |
| COO The Cooper Cos Inc. | Sold out | 0.00% | −0.51 |
| IBM Intl Business Machines Corp. | Reduce -16.0% | 0.93% | −0.18 |
| AVDX Avidxchange Holdings Inc. | Sold out | 0.00% | −0.16 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.14 |
| NIQ Niq Global Intelligence PLC | Sold out | 0.00% | −0.09 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.05 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.05 |
| STUB Stubhub Holdings Inc. Class A | Reduce -47.4% | 0.03% | −0.04 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.03 |
| NFLX Netflix Inc. | Reduce -0.8% | 0.05% | −0.02 |
| TSLA Tesla Inc. | Reduce -16.9% | 0.07% | −0.02 |
| AMZN Amazon.com Inc. | Reduce -0.9% | 1.87% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -10.2% | 0.12% | −0.01 |
| SONDQ Sonder Holdings Inc. | Sold out | 0.00% | −0.00 |
| WMT Walmart Inc. | Reduce -2.5% | 1.31% | +0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -14.4% | 4.18% | +0.20 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.8% | 8.49% | +0.66 |
Portfolio Buys Q3 2025 → Q4 2025
| SPGI S&P Global Inc. | Add +11.1% | 7.81% | +0.94 |
| DHR Danaher Corp. | Add +934.5% | 0.97% | +0.89 |
| RSG Republic Services Inc. | Add +834.1% | 0.93% | +0.82 |
| META Meta Platforms Inc. Class A | Add +496.0% | 0.88% | +0.70 |
| XLF SS Financial Select Sector | New | 0.53% | +0.53 |
| MDLN Medline Inc. Class A | New | 0.52% | +0.52 |
| NVDA Nvidia Corp. | Add +27.8% | 2.72% | +0.49 |
| BAC Bank of America Corp. | Add +21.6% | 2.32% | +0.44 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.38% | +0.38 |
| AVGO Broadcom Inc. | Add +17.8% | 2.29% | +0.35 |
| IVV iShares Core S&P 500 ETF | New | 0.26% | +0.26 |
| KKR KKR & Co. Inc. | Add +15.7% | 1.49% | +0.11 |
| LIN Linde PLC | Add +21.6% | 1.82% | +0.07 |
| CSCO Cisco Systems Inc. | Add +91.6% | 0.11% | +0.06 |
| UBER Uber Technologies Inc. | Add +31.3% | 1.28% | +0.05 |
| RACE Ferrari NV | New | 0.04% | +0.04 |
| MA Mastercard Inc. Class A | New | 0.04% | +0.04 |
| ADI Analog Devices Inc. | Add +34.5% | 0.11% | +0.03 |
| EUFN iShares MSCI Europe Financia | Add +28.2% | 0.13% | +0.03 |
| TXN Texas Instruments Inc. | New | 0.02% | +0.02 |
| MIAX Miami International Holdings | Add +35.0% | 0.04% | +0.01 |
| TEAM Atlassian Corp. Class A | Add +19.1% | 0.09% | +0.01 |
| USFD US Foods Holding Corp. | Add +11.3% | 0.15% | +0.01 |
| ICE Intercontinental Exchange Inc. | Add +20.0% | 0.07% | +0.01 |
| IR Ingersoll-Rand Inc. | Add +7.3% | 0.08% | −0.00 |
| BIRK Birkenstock Holding PLC | Add +13.8% | 0.08% | −0.00 |
| AJG Arthur J Gallagher & Co. | Add +19.9% | 1.25% | −0.06 |
| BSX Boston Scientific Corp. | Add +3.3% | 1.55% | −0.06 |
| PFE Pfizer Inc. | Add +1.7% | 2.73% | −0.15 |
| MSFT Microsoft Corp. | Add +5.0% | 6.82% | −0.48 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 56 | $11.7B | JPM, GOOGL, TMO, BLK, SPGI |
| Q1 2026 | 50 | $11.9B | JPM, TMO, HON, SPGI, BLK |
| Q4 2025 | 59 | $13.4B | JPM, TMO, INTU, SPGI, MSFT |
| Q3 2025 | 61 | $12.8B | JPM, INTU, TMO, BLK, MSFT |
| Q2 2025 | 58 | $12.4B | JPM, INTU, MSFT, SPGI, HON |
| Q1 2025 | 62 | $11.5B | JPM, TMO, INTU, SPGI, BLK |
| Q4 2024 | 62 | $11.5B | JPM, INTU, TMO, SPGI, HON |
| Q3 2024 | 60 | $10.6B | JPM, TMO, SPGI, ZTS, HON |
| Q2 2024 | 63 | $9.9B | JPM, TMO, ZTS, SPGI, HON |
| Q1 2024 | 63 | $9.9B | JPM, TMO, ZTS, SPGI, HON |