BANQUE PICTET & CIE SA's Q1 2026 13F: 62 new positions, 72 exits

Form 13F-HR for the quarter ended Mar 31, 2026 · filed Apr 14, 2026 · 374 reported positions · accession 0001535602-26-000006

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Reduced AMAZON COM INC (AMZN) 11.7% 10.0% −1.7 pts −940K sh −19%
Reduced ALPHABET INC (GOOG) 7.5% 5.9% −1.6 pts −624K sh −26%
Reduced MCDONALDS CORP (MCD) 4.4% 4.0% −0.4 pts −339K sh −23%
Reduced WASTE MGMT INC DEL (WM) 3.8% 3.5% −0.3 pts −423K sh −25%
Reduced MASTERCARD INCORPORATED (MA) 4.9% 3.8% −1.0 pts −191K sh −22%
Reduced TEXAS INSTRS INC (TXN) 3.5% 3.4% −0.1 pts −487K sh −24%
Increased MICROSOFT CORP (MSFT) 8.2% 8.2% 0.0 pts +228K sh +13%
Reduced MSCI INC (MSCI) 3.0% 2.4% −0.6 pts −133K sh −25%
Reduced ZOETIS INC (ZTS) 3.0% 2.5% −0.5 pts −559K sh −23%
New MEDLINE INC (MDLN) — 0.7% +0.7 pts +1.42M sh new
Increased TOTALENERGIES SE (TTE) 0.5% 1.5% +1.0 pts +594K sh +73%
New 2023 ETF SERIES TRUST (PQUS) — 0.6% +0.6 pts +2.1M sh new
Increased BOSTON SCIENTIFIC CORP (BSX) 0.3% 0.7% +0.4 pts +650K sh +240%
New ASTRAZENECA PLC (AZN) — 0.4% +0.4 pts +196K sh new
Increased LINDE PLC (LIN) 0.3% 0.7% +0.4 pts +56,290 sh +84%
Reduced ALPHABET INC (GOOGL) 5.3% 5.4% +0.1 pts −81,586 sh −5%
Reduced FREEPORT MCMORAN INC (FCX) 0.3% 0.2% −0.1 pts −352K sh −59%
Reduced MODERNA INC (MRNA) 0.9% 1.6% +0.7 pts −382K sh −12%
Reduced GLOBAL X FDS (AIQ) 0.4% 0.2% −0.2 pts −375K sh −50%
Increased BROADCOM INC (AVGO) 1.2% 1.4% +0.2 pts +52,449 sh +15%
Reduced WELLS FARGO & CO (WFC) 1.0% 0.9% −0.2 pts −180K sh −16%
Reduced SALESFORCE INC (CRM) 0.9% 0.6% −0.3 pts −73,905 sh −22%
Increased SLB LIMITED (SLB) 0.1% 0.3% +0.2 pts +225K sh +71%
Reduced ROLLINS INC (ROL) 0.4% 0.3% −0.1 pts −212K sh −31%
Exited BERKSHIRE HATHAWAY INC DEL (BRK-A) 0.1% — −0.1 pts −16 sh −100%
Reduced META PLATFORMS INC (META) 2.3% 2.1% −0.1 pts −17,488 sh −5%
Reduced ISHARES TR (IWM) 0.1% 0.0% −0.1 pts −32,916 sh −68%
Reduced ELI LILLY & CO (LLY) 0.8% 0.7% −0.1 pts −8,483 sh −12%
Reduced UNITEDHEALTH GROUP INC (UNH) 0.7% 0.6% −0.1 pts −28,011 sh −13%
Reduced APPLE INC (AAPL) 1.6% 1.6% 0.0 pts −29,581 sh −5%
Reduced BLACKSTONE INC (BX) 0.1% 0.0% −0.1 pts −63,172 sh −96%
Reduced THERMO FISHER SCIENTIFIC INC (TMO) 0.2% 0.1% −0.1 pts −14,546 sh −38%
Increased VANECK ETF TRUST (OIH) 0.0% 0.1% +0.1 pts +17,219 sh +388%
Increased NORTHROP GRUMMAN CORP (NOC) 0.0% 0.1% +0.1 pts +10,063 sh +2246%
Reduced CHEVRON CORPORATION (CVX) 0.3% 0.3% +0.1 pts −31,567 sh −19%
New SELECT SECTOR SPDR TR (XLE) — 0.1% +0.1 pts +106K sh new
Reduced EDWARDS LIFESCIENCES CORP (EW) 0.1% 0.0% −0.1 pts −78,812 sh −78%
Reduced PINTEREST INC (PINS) 0.1% 0.0% −0.1 pts −343K sh −95%
Reduced JOHNSON & JOHNSON (JNJ) 0.4% 0.5% +0.1 pts −24,947 sh −13%
New ELBIT SYS LTD (ESLT) — 0.1% +0.1 pts +6,950 sh new
Increased UBS GROUP AG (UBS) 0.7% 0.7% 0.0 pts +145K sh +10%
Reduced STRYKER CORPORATION (SYK) 0.6% 0.6% 0.0 pts −16,295 sh −9%
Reduced CHIPOTLE MEXICAN GRILL INC (CMG) 0.2% 0.2% −0.1 pts −167K sh −25%
Reduced MERCK & CO INC (MRK) 0.6% 0.7% +0.1 pts −43,931 sh −8%
Increased NVIDIA CORPORATION (NVDA) 2.7% 3.0% +0.3 pts +29,684 sh +2%
Reduced ADVANCED MICRO DEVICES INC (AMD) 0.6% 0.6% 0.0 pts −22,999 sh −9%
New HCA HEALTHCARE INC (HCA) — 0.1% +0.1 pts +9,734 sh new
Reduced WORKDAY INC (WDAY) 0.3% 0.2% −0.1 pts −34,675 sh −23%
Increased INVESCO QQQ TR (QQQ) 0.9% 1.0% +0.1 pts +7,808 sh +5%
Reduced VISA INC (V) 1.3% 1.3% −0.1 pts −14,361 sh −4%

The 50 largest of 377 changes, by size of the trade. Full holdings for this quarter.

Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled

Top 10 positions — 49.7% of the equity book

Changes in the top 10 this quarter: NVDA entered · MSCI left

# Security Weight before Weight now
1 AMAZON COM INC (AMZN) 11.7% 10.0%
2 MICROSOFT CORP (MSFT) 8.2% 8.2%
3 ALPHABET INC (GOOG) 7.5% 5.9%
4 ALPHABET INC (GOOGL) 5.3% 5.4%
5 MCDONALDS CORP (MCD) 4.4% 4.0%
6 MASTERCARD INCORPORATED (MA) 4.9% 3.8%
7 WASTE MGMT INC DEL (WM) 3.8% 3.5%
8 TEXAS INSTRS INC (TXN) 3.5% 3.4%
9 NVIDIA CORPORATION (NVDA) 2.7% 3.0% Entered the top 10
10 ZOETIS INC (ZTS) 3.0% 2.5%
— MSCI INC (MSCI) 3.0% 2.4% Left the top 10

Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).

Option positions (puts and calls)

Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.

Activity Security Type Shares before Shares now Reported value
Reduced TESLA INC (TSLA) Call 8.16M 7.4M $2.75B
Reduced TESLA INC (TSLA) Put 7.53M 7.52M $2.8B
Increased MICROSOFT CORP (MSFT) Put 550 13,000 $4.79M
Increased NVIDIA CORPORATION (NVDA) Call 2,000 20,000 $3.49M
Exited AMAZON COM INC (AMZN) Call 5,200 0 $0
Exited DRAFTKINGS INC NEW (DKNG) Put 33,937 0 $0
Exited SALESFORCE INC (CRM) Put 3,250 0 $0
Exited FREEPORT-MCMORAN INC (FCX) Put 14,297 0 $0
Exited ADVANCED MICRO DEVICES INC (AMD) Put 2,221 0 $0
Exited NVIDIA CORPORATION (NVDA) Put 2,121 0 $0
New NUTRIEN LTD (NTR) Put 0 5,000 $376K
Exited FERRARI N V (RACE) Put 900 0 $0
Exited NIKE INC (NKE) Put 1,845 0 $0