Vontobel Asset Management Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Vontobel Asset Management Inc. reported 70 stock positions worth $18.1 billion. Its top holding was Microsoft (MSFT) at 8.0% of the portfolio, followed by Amazon.com (AMZN, 7.0%) and Mastercard Class A (MA, 5.1%). Compared with Q4 2023, it opened 7 new positions, sold out of 6, added to 20 and reduced 40. The biggest buy was a new position in Union Pacific (UNP) and the biggest sale an exit from Humana (HUM).
- Most Recent 13F
- Q1 2024
- Location
- NEW YORK, NY
- CIK
- 0000928633
- Portfolio Value
- $18.1B (Q1 2024)
- SEC Filing
- 0001085146-24-002531 ↗ filed May 15, 2024
Holdings 70 stocks · $18.1B
| MSFT Microsoft Corp. | 8.02% | 3,239,587 | $1.4B | Reduce -2.5% |
| AMZN Amazon.com Inc. | 6.99% | 6,585,762 | $1.3B | Add +0.9% |
| MA Mastercard Inc. Class A | 5.10% | 1,802,915 | $921.2M | Reduce -6.3% |
| KO The Coca-Cola Co. | 5.06% | 14,050,874 | $915.4M | Reduce -2.0% |
| CME Cme Group Inc. | 4.36% | 3,441,197 | $787.8M | Reduce -5.9% |
| UNH Unitedhealth Group Inc. | 4.25% | 1,459,759 | $769.1M | Reduce -2.4% |
| BSX Boston Scientific Corp. | 4.03% | 9,982,924 | $728.4M | Reduce -9.0% |
| ABT Abbott Laboratories | 4.00% | 5,971,126 | $722.4M | Reduce -3.1% |
| MDLZ Mondelez International Inc. Class A | 3.98% | 9,670,506 | $718.9M | Reduce -2.2% |
| GOOG Alphabet Inc. Class C | 3.68% | 4,116,159 | $665.1M | Reduce -1.9% |
| BDX Becton Dickinson and Co. | 3.31% | 2,278,192 | $598.1M | Add +10.6% |
| RBA RB Global Inc. | 2.98% | 6,662,538 | $538.3M | Add +0.2% |
| ADBE Adobe Inc. | 2.88% | 975,076 | $520.3M | Add +23.6% |
| V Visa Inc. Class A | 2.62% | 1,596,100 | $473.0M | Reduce -5.6% |
| ICE Intercontinental Exchange Inc. | 2.59% | 3,260,069 | $468.6M | Reduce -1.8% |
| TMO Thermo Fisher Scientific Inc. | 2.45% | 718,886 | $443.2M | Reduce -24.0% |
| SNPS Synopsys Inc. | 2.17% | 649,504 | $392.9M | Add +37.6% |
| VMC Vulcan Materials Co. | 2.02% | 1,256,915 | $365.5M | Reduce -10.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.97% | 2,397,222 | $355.6M | Reduce -1.2% |
| INTU Intuit Inc. | 1.89% | 503,275 | $341.7M | Reduce -0.4% |
| CASY Casey's General Stores Inc. | 1.81% | 981,614 | $326.8M | Reduce -3.4% |
| NOW ServiceNow Inc. | 1.57% | 351,134 | $283.5M | Reduce -17.8% |
| BKNG Booking Holdings Inc. | 1.46% | 68,458 | $264.2M | Reduce -2.7% |
| SHW The Sherwin-Williams Co. | 1.43% | 698,068 | $258.2M | Reduce -2.5% |
| PEP Pepsico Inc. | 1.39% | 1,366,682 | $250.7M | Reduce -16.7% |
| NKE Nike Inc. Class B | 1.16% | 2,102,548 | $210.1M | Add +47.4% |
| PGR Progressive Corp. | 1.15% | 964,252 | $208.6M | Reduce -10.5% |
| KLAC KLA Corp. | 1.13% | 285,254 | $204.5M | Add +37.6% |
| APH Amphenol Corp. Class A | 1.05% | 1,569,501 | $189.3M | Reduce -0.5% |
| AMT American Tower Corp. | 0.90% | 789,121 | $163.0M | Add +36.0% |
| UNP Union Pacific Corp. | 0.89% | 626,519 | $161.1M | New |
| SBUX Starbucks Corp. | 0.83% | 1,567,361 | $149.8M | New |
| WMT Walmart Inc. | 0.82% | 2,380,979 | $148.8M | Reduce -39.4% |
| CMCSA Comcast Corp. Class A | 0.79% | 3,156,482 | $143.1M | Reduce -21.8% |
| GOOGL Alphabet Inc. Class A | 0.78% | 896,170 | $141.8M | Reduce -0.9% |
| CPRT Copart Inc. | 0.75% | 2,251,653 | $136.4M | Add +276.1% |
| YUMC Yum China Holdings Inc. | 0.75% | 3,168,519 | $135.3M | Add +18.6% |
| KEYS Keysight Technologies Inc. | 0.74% | 828,927 | $134.6M | Add +2.2% |
| ZTS Zoetis Inc. | 0.72% | 737,226 | $130.4M | New |
| BRK.A Berkshire Hathaway Inc. Class A | 0.61% | 162 | $111.1M | Reduce -40.2% |
| HDB HDFC Bank Ltd.-ADR | 0.61% | 1,472,494 | $110.2M | Add +27.3% |
| HD Home Depot Inc. | 0.60% | 272,052 | $109.1M | Reduce -0.4% |
| GGG Graco Inc. | 0.59% | 1,100,818 | $107.6M | Add +1.5% |
| HSY The Hershey Co. | 0.59% | 522,196 | $106.4M | Reduce -33.2% |
| ISRG Intuitive Surgical Inc. | 0.37% | 158,834 | $67.7M | Reduce -2.4% |
| ACN Accenture PLC Class A | 0.32% | 167,846 | $58.1M | Add +88.7% |
| FMX Fomento Economico Mex-SP ADR | 0.29% | 415,696 | $53.0M | Add +14.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 113,906 | $46.8M | Reduce -41.0% |
| MELI MercadoLibre Inc. | 0.21% | 25,483 | $37.7M | Add +8.8% |
| MTD Mettler-Toledo International | 0.17% | 23,411 | $31.2M | Reduce -1.6% |
| NU HLDGS LTD | 0.17% | 2,585,155 | $30.3M | Reduce -6.0% |
| PDD PDD Holdings Inc. | 0.15% | 232,802 | $26.8M | New |
| AAPL Apple Inc. | 0.11% | 120,938 | $20.7M | Reduce -25.6% |
| AON Aon PLC Class A | 0.10% | 56,008 | $18.7M | Reduce -9.0% |
| NVDA Nvidia Corp. | 0.10% | 19,198 | $17.3M | New |
| BIDU Baidu Inc. - Spon ADR | 0.08% | 132,953 | $13.8M | New |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.04% | 145,114 | $8.0M | Reduce -43.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.04% | 12,843 | $6.7M | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.03% | 29,800 | $5.4M | No change |
| FEZ State Street SPDR Euro Stoxx | 0.02% | 58,800 | $3.1M | Add +21.0% |
| FLGB Franklin Ftse United Kingdom | 0.02% | 107,700 | $2.8M | No change |
| FLJP Franklin Ftse Japan ETF | 0.01% | 81,300 | $2.5M | Reduce -10.9% |
| BIP Brookfield Infrastructure Pa | 0.00% | 24,607 | $768K | New |
| JNJ Johnson & Johnson | 0.00% | 3,828 | $606K | Add +0.6% |
| GPC Genuine Parts Co. | 0.00% | 3,567 | $553K | Reduce -4.6% |
| MDT Medtronic PLC | 0.00% | 6,108 | $532K | Add +4.6% |
| WFC Wells Fargo & Co. | 0.00% | 7,638 | $443K | Reduce -14.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.00% | 3,098 | $314K | Reduce -58.4% |
| PNC PNC Financial Services Group | 0.00% | 1,613 | $261K | Add +1.5% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.00% | 1,791 | $260K | Reduce -5.4% |
Portfolio Sells Q4 2023 → Q1 2024
| HUM Humana Inc. | Sold out | 0.00% | −1.22 |
| TMO Thermo Fisher Scientific Inc. | Reduce -24.0% | 2.45% | −0.68 |
| UNH Unitedhealth Group Inc. | Reduce -2.4% | 4.25% | −0.68 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.2% | 3.98% | −0.50 |
| CME Cme Group Inc. | Reduce -5.9% | 4.36% | −0.46 |
| WMT Walmart Inc. | Reduce -39.4% | 0.82% | −0.45 |
| PEP Pepsico Inc. | Reduce -16.7% | 1.39% | −0.33 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -40.2% | 0.61% | −0.32 |
| NOW ServiceNow Inc. | Reduce -17.8% | 1.57% | −0.31 |
| HSY The Hershey Co. | Reduce -33.2% | 0.59% | −0.31 |
| CMCSA Comcast Corp. Class A | Reduce -21.8% | 0.79% | −0.30 |
| ABT Abbott Laboratories | Reduce -3.1% | 4.00% | −0.25 |
| KO The Coca-Cola Co. | Reduce -2.0% | 5.06% | −0.23 |
| LIN Linde PLC | Sold out | 0.00% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -41.0% | 0.26% | −0.14 |
| V Visa Inc. Class A | Reduce -5.6% | 2.62% | −0.13 |
| BKNG Booking Holdings Inc. | Reduce -2.7% | 1.46% | −0.10 |
| BANCOLOMBIA S.A.-SPONS ADR | Sold out | 0.00% | −0.10 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.09 |
| AAPL Apple Inc. | Reduce -25.6% | 0.11% | −0.07 |
| INTU Intuit Inc. | Reduce -0.4% | 1.89% | −0.06 |
| ICE Intercontinental Exchange Inc. | Reduce -1.8% | 2.59% | −0.04 |
| SLB SLB Ltd. | Reduce -43.4% | 0.04% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -1.9% | 3.68% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -6.3% | 5.10% | −0.01 |
| NTES Netease Inc.-ADR | Sold out | 0.00% | −0.01 |
| CPNG Coupang Inc. | Sold out | 0.00% | −0.00 |
| AON Aon PLC Class A | Reduce -9.0% | 0.10% | −0.00 |
| TJX TJX Companies Inc. | Reduce -58.4% | 0.00% | −0.00 |
| FLJP Franklin Ftse Japan ETF | Reduce -10.9% | 0.01% | −0.00 |
| MTB M & T Bank Corp. | Reduce -5.4% | 0.00% | −0.00 |
| WFC Wells Fargo & Co. | Reduce -14.0% | 0.00% | −0.00 |
| GPC Genuine Parts Co. | Reduce -4.6% | 0.00% | 0.00 |
| MTD Mettler-Toledo International | Reduce -1.6% | 0.17% | +0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -0.9% | 0.78% | +0.00 |
| HD Home Depot Inc. | Reduce -0.4% | 0.60% | +0.02 |
| ISRG Intuitive Surgical Inc. | Reduce -2.4% | 0.37% | +0.03 |
| SHW The Sherwin-Williams Co. | Reduce -2.5% | 1.43% | +0.03 |
| NU HLDGS LTD | Reduce -6.0% | 0.17% | +0.04 |
| VMC Vulcan Materials Co. | Reduce -10.1% | 2.02% | +0.04 |
| BSX Boston Scientific Corp. | Reduce -9.0% | 4.03% | +0.06 |
| APH Amphenol Corp. Class A | Reduce -0.5% | 1.05% | +0.08 |
| CASY Casey's General Stores Inc. | Reduce -3.4% | 1.81% | +0.09 |
| PGR Progressive Corp. | Reduce -10.5% | 1.15% | +0.10 |
| MSFT Microsoft Corp. | Reduce -2.5% | 8.02% | +0.21 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.2% | 1.97% | +0.36 |
Portfolio Buys Q4 2023 → Q1 2024
| UNP Union Pacific Corp. | New | 0.89% | +0.89 |
| SBUX Starbucks Corp. | New | 0.83% | +0.83 |
| AMZN Amazon.com Inc. | Add +0.9% | 6.99% | +0.78 |
| ZTS Zoetis Inc. | New | 0.72% | +0.72 |
| SNPS Synopsys Inc. | Add +37.6% | 2.17% | +0.66 |
| CPRT Copart Inc. | Add +276.1% | 0.75% | +0.57 |
| KLAC KLA Corp. | Add +37.6% | 1.13% | +0.39 |
| RBA RB Global Inc. | Add +0.2% | 2.98% | +0.20 |
| NKE Nike Inc. Class B | Add +47.4% | 1.16% | +0.19 |
| BDX Becton Dickinson and Co. | Add +10.6% | 3.31% | +0.17 |
| PDD PDD Holdings Inc. | New | 0.15% | +0.15 |
| ACN Accenture PLC Class A | Add +88.7% | 0.32% | +0.14 |
| AMT American Tower Corp. | Add +36.0% | 0.90% | +0.13 |
| NVDA Nvidia Corp. | New | 0.10% | +0.10 |
| BIDU Baidu Inc. - Spon ADR | New | 0.08% | +0.08 |
| YUMC Yum China Holdings Inc. | Add +18.6% | 0.75% | +0.04 |
| FMX Fomento Economico Mex-SP ADR | Add +14.6% | 0.29% | +0.02 |
| GGG Graco Inc. | Add +1.5% | 0.59% | +0.01 |
| BIP Brookfield Infrastructure Pa | New | 0.00% | +0.00 |
| FEZ State Street SPDR Euro Stoxx | Add +21.0% | 0.02% | +0.00 |
| MDT Medtronic PLC | Add +4.6% | 0.00% | +0.00 |
| PNC PNC Financial Services Group | Add +1.5% | 0.00% | 0.00 |
| JNJ Johnson & Johnson | Add +0.6% | 0.00% | −0.00 |
| MELI MercadoLibre Inc. | Add +8.8% | 0.21% | −0.00 |
| HDB HDFC Bank Ltd.-ADR | Add +27.3% | 0.61% | −0.02 |
| ADBE Adobe Inc. | Add +23.6% | 2.88% | −0.05 |
| KEYS Keysight Technologies Inc. | Add +2.2% | 0.74% | −0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2024 | 70 | $18.1B | MSFT, AMZN, MA, KO, CME |