Vontobel Holding Ltd.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Vontobel Holding Ltd. reported 1,090 stock positions worth $29.2 billion. Its top holding was Microsoft (MSFT) at 6.0% of the portfolio, followed by Amazon.com (AMZN, 5.5%) and Mastercard Class A (MA, 3.5%). Compared with Q3 2024, it opened 117 new positions, sold out of 103, added to 404 and reduced 493. The biggest buy was Union Pacific (UNP, shares +75%) and the biggest sale Unitedhealth (UNH, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- ZURICH, V8
- CIK
- 0001588340
- Portfolio Value
- $29.2B (Q4 2024)
- SEC Filing
- 0001085146-25-000609 ↗ filed Jan 30, 2025
Holdings Value
Holdings 1,090 stocks · $29.2B
| MSFT Microsoft Corp. | 5.95% | 4,126,977 | $1.7B | Reduce -7.3% |
| AMZN Amazon.com Inc. | 5.51% | 7,335,271 | $1.6B | Reduce -6.2% |
| MA Mastercard Inc. Class A | 3.53% | 1,956,787 | $1.0B | Add +0.5% |
| KO The Coca-Cola Co. | 3.41% | 16,021,195 | $997.5M | Add +2.2% |
| GOOG Alphabet Inc. Class C | 3.24% | 4,972,991 | $947.1M | Reduce -1.5% |
| RBA RB Global Inc. | 2.61% | 8,451,146 | $762.4M | Add +9.8% |
| ABT Abbott Laboratories | 2.43% | 6,283,743 | $710.8M | Reduce -2.9% |
| ALC Alcon Inc. filed as ALCON AG | 2.28% | 7,852,285 | $665.2M | Add +6.6% |
| CME Cme Group Inc. | 2.27% | 2,856,255 | $663.3M | Reduce -16.8% |
| NVDA Nvidia Corp. | 2.01% | 4,383,508 | $588.7M | Add +13.8% |
| ADBE Adobe Inc. | 1.94% | 1,275,285 | $567.1M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 1.86% | 2,873,540 | $544.0M | Reduce -2.1% |
| SNPS Synopsys Inc. | 1.76% | 1,062,142 | $515.5M | Add +10.0% |
| UBS UBS Group AG-Reg | 1.72% | 16,445,068 | $502.4M | Add +1.9% |
| BSX Boston Scientific Corp. | 1.72% | 5,618,470 | $501.8M | Reduce -3.8% |
| BDX Becton Dickinson and Co. | 1.70% | 2,190,210 | $496.9M | Reduce -5.0% |
| UNP Union Pacific Corp. | 1.68% | 2,146,990 | $489.6M | Add +74.7% |
| TMO Thermo Fisher Scientific Inc. | 1.65% | 925,917 | $481.7M | Add +16.7% |
| PEP Pepsico Inc. | 1.57% | 3,014,101 | $458.3M | Add +62.4% |
| TSM Taiwan Semiconductor-SP ADR | 1.46% | 2,161,194 | $426.8M | Reduce -13.3% |
| ICE Intercontinental Exchange Inc. | 1.41% | 2,765,305 | $412.1M | Reduce -5.8% |
| LOGI Logitech International-Reg | 1.38% | 4,872,324 | $402.8M | Add +34.2% |
| ACN Accenture PLC Class A | 1.36% | 1,132,903 | $398.5M | Add +23.1% |
| MDLZ Mondelez International Inc. Class A | 1.24% | 6,064,914 | $362.3M | Reduce -36.1% |
| INTU Intuit Inc. | 1.19% | 553,771 | $348.0M | Reduce -6.4% |
| AAPL Apple Inc. | 1.18% | 1,378,926 | $345.3M | Reduce -3.7% |
| VMC Vulcan Materials Co. | 1.12% | 1,276,176 | $328.3M | Reduce -6.8% |
| FLUT Flutter Entertainment PLC-Di | 1.09% | 1,239,542 | $319.4M | Reduce -26.9% |
| NOW ServiceNow Inc. | 1.08% | 297,410 | $315.3M | Reduce -28.3% |
| BKNG Booking Holdings Inc. | 0.94% | 55,310 | $274.8M | Reduce -22.1% |
| ZTS Zoetis Inc. | 0.89% | 1,589,525 | $259.0M | Add +17.9% |
| NKE Nike Inc. Class B | 0.80% | 3,098,418 | $234.5M | Reduce -10.0% |
| HD Home Depot Inc. | 0.74% | 553,412 | $215.3M | Add +24.2% |
| FERG Ferguson Enterprises Inc. | 0.73% | 1,234,776 | $214.3M | Add +339.9% |
| AMT American Tower Corp. | 0.67% | 1,074,318 | $197.0M | Add +3.4% |
| CRH CRH PLC | 0.65% | 2,059,492 | $190.5M | Reduce -19.7% |
| AMAT Applied Materials Inc. | 0.64% | 1,154,552 | $187.8M | Add +20.0% |
| PGR Progressive Corp. | 0.63% | 772,130 | $185.0M | Reduce -6.9% |
| ECL Ecolab Inc. | 0.62% | 767,108 | $179.7M | Add +206.7% |
| IDXX Idexx Laboratories Inc. | 0.59% | 418,563 | $173.1M | Add +90.1% |
| AVGO Broadcom Inc. | 0.59% | 744,151 | $172.5M | Add +1.6% |
| CASY Casey's General Stores Inc. | 0.57% | 418,346 | $165.8M | Reduce -19.0% |
| KEYS Keysight Technologies Inc. | 0.56% | 1,013,424 | $162.8M | Reduce -6.3% |
| V Visa Inc. Class A | 0.51% | 474,425 | $149.9M | Add +37.9% |
| CPRT Copart Inc. | 0.49% | 2,481,619 | $142.4M | Reduce -5.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.49% | 242,014 | $141.8M | Add +0.7% |
| TCOM Trip.com Group Ltd.-ADR | 0.45% | 1,903,026 | $130.7M | Reduce -18.0% |
| APH Amphenol Corp. Class A | 0.45% | 1,877,971 | $130.4M | Reduce -4.6% |
| TSLA Tesla Inc. | 0.45% | 322,300 | $130.2M | Add +23.0% |
| LIN Linde PLC | 0.44% | 303,772 | $127.2M | Reduce -32.3% |
| KLAC KLA Corp. | 0.42% | 193,100 | $121.7M | Reduce -14.8% |
| MELI MercadoLibre Inc. | 0.41% | 70,039 | $119.1M | Reduce -21.9% |
| IBN Icici Bank Ltd.-Spon ADR | 0.38% | 3,687,868 | $110.1M | Add +7250.2% |
| META Meta Platforms Inc. Class A | 0.35% | 175,109 | $102.5M | Add +27.1% |
| PWR Quanta Services Inc. | 0.32% | 294,104 | $93.0M | Reduce -16.2% |
| SPGI S&P Global Inc. | 0.30% | 177,454 | $88.4M | Reduce -1.4% |
| XYL Xylem Inc. | 0.28% | 707,263 | $82.1M | Reduce -15.0% |
| CRM Salesforce Inc. | 0.28% | 244,813 | $81.8M | Reduce -3.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.28% | 120 | $81.7M | Reduce -5.5% |
| BF.B Brown-Forman Corp. Class B | 0.28% | 2,142,579 | $81.4M | Add +45.5% |
| PYPL PayPal Holdings Inc. | 0.28% | 946,884 | $80.8M | Reduce -12.5% |
| ANSS Ansys Inc. | 0.27% | 230,499 | $77.8M | Reduce -1.9% |
| CDNS Cadence Design SYS Inc. | 0.27% | 258,125 | $77.6M | Add +12.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.26% | 188,949 | $76.1M | Add +66.8% |
| SW Smurfit Westrock PLC | 0.26% | 1,407,034 | $75.8M | Add +10.7% |
| LLY Eli Lilly & Co. | 0.25% | 95,427 | $73.7M | Add +10.7% |
| TT Trane Technologies PLC | 0.25% | 195,155 | $72.1M | Reduce -14.5% |
| JPM JPMorgan Chase & Co. | 0.24% | 290,394 | $69.6M | Add +4.1% |
| NEE Nextera Energy Inc. | 0.23% | 941,789 | $67.5M | Reduce -6.7% |
| ROP Roper Technologies Inc. | 0.23% | 127,522 | $66.3M | Add +10.4% |
| CLH Clean Harbors Inc. | 0.22% | 278,349 | $64.1M | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 0.22% | 1,070,216 | $63.4M | Reduce -8.6% |
| AWK American Water Works Co. Inc. | 0.21% | 494,601 | $61.6M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 135,686 | $61.5M | Reduce -4.6% |
| ADSK Autodesk Inc. | 0.20% | 202,545 | $59.9M | Add +423.6% |
| ORCL Oracle Corp. | 0.19% | 338,883 | $56.5M | Reduce -20.1% |
| VZ Verizon Communications Inc. | 0.19% | 1,410,494 | $56.4M | Reduce -54.4% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 993,810 | $56.2M | Reduce -3.1% |
| NXPI NXP Semiconductors NV | 0.19% | 269,365 | $56.0M | Reduce -1.1% |
| VLTO Veralto Corp. | 0.19% | 549,428 | $56.0M | Add +4.5% |
| LOW Lowe's Cos Inc. | 0.19% | 221,355 | $54.6M | Add +7.2% |
| UNH Unitedhealth Group Inc. | 0.19% | 107,558 | $54.4M | Reduce -92.1% |
| AON Aon PLC Class A | 0.19% | 151,415 | $54.4M | Add +57.2% |
| TRMB Trimble Inc. | 0.19% | 769,303 | $54.4M | Reduce -2.2% |
| STN Stantec Inc. | 0.19% | 693,123 | $54.3M | Reduce -1.9% |
| WFG West Fraser Timber Co. Ltd. | 0.18% | 607,438 | $52.6M | Add +6.3% |
| AMD Advanced Micro Devices | 0.17% | 422,133 | $51.0M | Reduce -7.2% |
| MTZ Mastec Inc. | 0.17% | 373,090 | $50.8M | Reduce -29.8% |
| ITRI Itron Inc. | 0.17% | 464,787 | $50.5M | Add +8.1% |
| VIST Vista Energy Sab DE CV | 0.17% | 910,720 | $49.3M | Add +3.9% |
| DSGX The Descartes Systems Grp | 0.17% | 430,016 | $48.8M | Add +104.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.17% | 220,844 | $48.5M | Reduce -19.4% |
| SHW The Sherwin-Williams Co. | 0.16% | 139,293 | $47.3M | Reduce -79.9% |
| JNJ Johnson & Johnson | 0.16% | 326,453 | $47.2M | Reduce -4.6% |
| DE Deere & Co. | 0.16% | 111,192 | $47.1M | Reduce -17.0% |
| CARR Carrier Global Corp. | 0.16% | 683,675 | $46.7M | Reduce -5.8% |
| RRX Regal Rexnord Corp. | 0.16% | 300,302 | $46.6M | Reduce -1.7% |
| ZBRA Zebra Technologies Corp. Class A | 0.16% | 118,517 | $45.8M | Add +16.6% |
| FTNT Fortinet Inc. | 0.15% | 470,556 | $44.5M | Reduce -18.7% |
| EEM iShares MSCI Emerging Market | 0.15% | 1,058,500 | $44.3M | Reduce -13.1% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $269K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PARSONS CORP (PSN 0.25 08/15/25) | NOTE 0.250% 8/1 · principal | 108,000 | $221K | New |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 45,000 | $47K | New |
Total filed on the 13F, all lines: $29.2B.
Portfolio Sells Q3 2024 → Q4 2024
| UNH Unitedhealth Group Inc. | Reduce -92.1% | 0.19% | −2.38 |
| MDLZ Mondelez International Inc. Class A | Reduce -36.1% | 1.24% | −1.02 |
| SHW The Sherwin-Williams Co. | Reduce -79.9% | 0.16% | −0.69 |
| WMT Walmart Inc. | Reduce -86.1% | 0.09% | −0.44 |
| HDB HDFC Bank Ltd.-ADR | Reduce -90.5% | 0.04% | −0.36 |
| VZ Verizon Communications Inc. | Reduce -54.4% | 0.19% | −0.26 |
| LIN Linde PLC | Reduce -32.3% | 0.44% | −0.26 |
| MSFT Microsoft Corp. | Reduce -7.3% | 5.95% | −0.23 |
| LRCX Lam Research Corp. | Reduce -70.4% | 0.09% | −0.23 |
| TTEK Tetra Tech Inc. | Reduce -97.5% | 0.00% | −0.21 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.21 |
| FLUT Flutter Entertainment PLC-Di | Reduce -26.9% | 1.09% | −0.20 |
| MELI MercadoLibre Inc. | Reduce -21.9% | 0.41% | −0.19 |
| NKE Nike Inc. Class B | Reduce -10.0% | 0.80% | −0.18 |
| CME Cme Group Inc. | Reduce -16.8% | 2.27% | −0.18 |
| PG The Procter & Gamble Co. | Reduce -55.8% | 0.13% | −0.16 |
| KLAC KLA Corp. | Reduce -14.8% | 0.42% | −0.15 |
| CL Colgate-Palmolive Co. | Reduce -42.6% | 0.14% | −0.12 |
| NOW ServiceNow Inc. | Reduce -28.3% | 1.08% | −0.12 |
| CRH CRH PLC | Reduce -19.7% | 0.65% | −0.12 |
| ICE Intercontinental Exchange Inc. | Reduce -5.8% | 1.41% | −0.11 |
| BDX Becton Dickinson and Co. | Reduce -5.0% | 1.70% | −0.09 |
| XYL Xylem Inc. | Reduce -15.0% | 0.28% | −0.08 |
| JCI Johnson Controls Internation | Reduce -45.4% | 0.12% | −0.08 |
| CMCSA Comcast Corp. Class A | Reduce -29.1% | 0.15% | −0.07 |
| PDD PDD Holdings Inc. | Reduce -56.3% | 0.03% | −0.07 |
| AMD Advanced Micro Devices | Reduce -7.2% | 0.17% | −0.07 |
| RACE Ferrari NV | Reduce -31.1% | 0.13% | −0.07 |
| EL Estee Lauder Companies Class A | Reduce -42.1% | 0.05% | −0.06 |
| CASY Casey's General Stores Inc. | Reduce -19.0% | 0.57% | −0.06 |
| FSLR First Solar Inc. | Reduce -15.8% | 0.10% | −0.06 |
| XYZ Block Inc. | Reduce -65.8% | 0.05% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -25.2% | 0.12% | −0.05 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −0.05 |
| PGR Progressive Corp. | Reduce -6.9% | 0.63% | −0.05 |
| NEE Nextera Energy Inc. | Reduce -6.7% | 0.23% | −0.04 |
| ORCL Oracle Corp. | Reduce -20.1% | 0.19% | −0.04 |
| TT Trane Technologies PLC | Reduce -14.5% | 0.25% | −0.04 |
| AMGN Amgen Inc. | Reduce -10.6% | 0.12% | −0.04 |
| MTZ Mastec Inc. | Reduce -29.8% | 0.17% | −0.04 |
| EOG EOG Resources Inc. | Reduce -53.0% | 0.03% | −0.03 |
| TJX TJX Companies Inc. | Reduce -26.1% | 0.14% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -44.4% | 0.04% | −0.03 |
| S Sentinelone Inc. Class A | Reduce -55.6% | 0.02% | −0.03 |
| OLED Universal Display Corp. | Reduce -1.8% | 0.08% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -14.6% | 0.14% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -19.4% | 0.17% | −0.03 |
| CARR Carrier Global Corp. | Reduce -5.8% | 0.16% | −0.03 |
| EEM iShares MSCI Emerging Market | Reduce -13.1% | 0.15% | −0.03 |
| AOS Smith (a.o.) Corp. | Reduce -0.1% | 0.12% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| UNP Union Pacific Corp. | Add +74.7% | 1.68% | +0.70 |
| RBA RB Global Inc. | Add +9.8% | 2.61% | +0.61 |
| FERG Ferguson Enterprises Inc. | Add +339.9% | 0.73% | +0.55 |
| PEP Pepsico Inc. | Add +62.4% | 1.57% | +0.55 |
| NVDA Nvidia Corp. | Add +13.8% | 2.01% | +0.50 |
| MA Mastercard Inc. Class A | Add +0.5% | 3.53% | +0.42 |
| ECL Ecolab Inc. | Add +206.7% | 0.62% | +0.41 |
| IBN Icici Bank Ltd.-Spon ADR | Add +7250.2% | 0.38% | +0.37 |
| LOGI Logitech International-Reg | Add +34.2% | 1.38% | +0.33 |
| ACN Accenture PLC Class A | Add +23.1% | 1.36% | +0.31 |
| IDXX Idexx Laboratories Inc. | Add +90.1% | 0.59% | +0.23 |
| TSLA Tesla Inc. | Add +23.0% | 0.45% | +0.22 |
| V Visa Inc. Class A | Add +37.9% | 0.51% | +0.21 |
| SNPS Synopsys Inc. | Add +10.0% | 1.76% | +0.19 |
| AVGO Broadcom Inc. | Add +1.6% | 0.59% | +0.18 |
| ADSK Autodesk Inc. | Add +423.6% | 0.20% | +0.17 |
| HD Home Depot Inc. | Add +24.2% | 0.74% | +0.15 |
| UBS UBS Group AG-Reg | Add +1.9% | 1.72% | +0.11 |
| HUBB Hubbell Inc. | Add +9720.7% | 0.11% | +0.11 |
| DSGX The Descartes Systems Grp | Add +104.5% | 0.17% | +0.10 |
| META Meta Platforms Inc. Class A | Add +27.1% | 0.35% | +0.10 |
| VRTX Vertex Pharmaceuticals Inc. | Add +66.8% | 0.26% | +0.09 |
| AON Aon PLC Class A | Add +57.2% | 0.19% | +0.08 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +2068.4% | 0.08% | +0.07 |
| CDNS Cadence Design SYS Inc. | Add +12.9% | 0.27% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | Add +16.7% | 1.65% | +0.06 |
| BEKE Ke Holdings Inc.-ADR | Add +3315.0% | 0.06% | +0.06 |
| SW Smurfit Westrock PLC | Add +10.7% | 0.26% | +0.06 |
| XOM Exxon Mobil Corp. | Add +172.4% | 0.09% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +4.1% | 0.24% | +0.05 |
| ANET Arista Networks Inc. | Add +35.8% | 0.12% | +0.05 |
| BF.B Brown-Forman Corp. Class B | Add +45.5% | 0.28% | +0.04 |
| VIST Vista Energy Sab DE CV | Add +3.9% | 0.17% | +0.04 |
| CB Chubb Ltd. | Add +224.6% | 0.06% | +0.04 |
| HPE Hewlett Packard Enterprise | Add +27.6% | 0.14% | +0.04 |
| VT Vanguard Tot World STK ETF | New | 0.04% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.7% | 0.49% | +0.04 |
| ZTS Zoetis Inc. | Add +17.9% | 0.89% | +0.04 |
| ZBRA Zebra Technologies Corp. Class A | Add +16.6% | 0.16% | +0.04 |
| TRV The Travelers Cos Inc. | Add +42.1% | 0.08% | +0.03 |
| DIS The Walt Disney Co. | Add +5.4% | 0.13% | +0.03 |
| PTC PTC Inc. | Add +12.9% | 0.15% | +0.03 |
| ITRI Itron Inc. | Add +8.1% | 0.17% | +0.02 |
| BOTZ Global X Robotics & Artifici | New | 0.02% | +0.02 |
| UBER Uber Technologies Inc. | Add +99.7% | 0.05% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +33.3% | 0.05% | +0.02 |
| NVT Nvent Electric PLC | Add +15.3% | 0.13% | +0.02 |
| ROP Roper Technologies Inc. | Add +10.4% | 0.23% | +0.02 |
| MSTR Strategy Inc. | Add +32.4% | 0.03% | +0.02 |
| CCEP Coca-Cola Europacific Partne | Add +28.7% | 0.08% | +0.02 |
Notes & Other Activity Q3 2024 → Q4 2024
| PARSONS CORP (PSN 0.25 08/15/25) | NOTE 0.250% 8/1 · principal | New | 108,000 | $221K |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | New | 45,000 | $47K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,197 | $29.9B | NVDA, AVGO, UBS, MSFT, AMZN |
| Q1 2026 | 1,188 | $29.1B | MSFT, NVDA, AMZN, WM, GOOGL |
| Q4 2025 | 1,167 | $30.3B | MSFT, AMZN, GOOG, NVDA, GOOGL |
| Q3 2025 | 1,144 | $31.9B | MSFT, AMZN, GOOG, NVDA, KO |
| Q2 2025 | 1,102 | $30.4B | MSFT, AMZN, KO, ABT, META |
| Q1 2025 | 1,086 | $27.4B | MSFT, AMZN, KO, MA, ABT |
| Q4 2024 | 1,090 | $29.2B | MSFT, AMZN, MA, KO, GOOG |
| Q3 2024 | 1,076 | $31.0B | MSFT, AMZN, KO, MA, GOOG |
| Q2 2024 | 1,068 | $30.8B | MSFT, AMZN, GOOG, KO, MA |
| Q1 2024 | 1,085 | $12.5B | MSFT, LOGI, UBS, NVDA, ALC |