PICTET ASSET MANAGEMENT LTD
Filing Date
Global Rank
#66
/ 5,924
▼ 3
Top Industry
Utilities - Regulated Electric
6.9%
3Y Alpha vs SPY
-8.9%
Period ended 4 years ago
Filed Aug 16, 2021 · 4y
6 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+42.1%
SPY
+78.1%
Annualised alpha
-8.8%
Max drawdown
−18.5%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
1,349 positions · as of Jun 30, 2021 · Δ vs Mar 31, 2021Top Position
2.0%
+0.2 pts
Top 5
8.5%
+0.1 pts
Top 10
14.9%
+0.2 pts
HHI
57
Diversified−0
Portfolio Trend
6 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2021| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 27.8% | $21,035,352,124 |
| Healthcare | 15.9% | $12,002,547,974 |
| Industrials | 13.9% | $10,485,255,983 |
| Utilities | 9.6% | $7,260,045,475 |
| Consumer Cyclical | 8.7% | $6,595,049,343 |
| Financial Services | 7.7% | $5,807,019,867 |
| Communication Services | 5.2% | $3,934,018,674 |
| Real Estate | 4.4% | $3,291,401,387 |
| Basic Materials | 2.8% | $2,149,014,391 |
| Consumer Defensive | 2.8% | $2,089,398,613 |
| Energy | 0.8% | $638,255,618 |
| Unclassified | 0.4% | $285,690,991 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VIPS | Vipshop Holdings Ltd | +6,702,243 | 8,694,382 | $174,583,189 | |
| JCI | Johnson Controls International plc | +2,907,851 | 13,601,282 | $933,455,982 | |
| GEN | Gen Digital Inc. | +2,612,155 | 6,935,566 | $188,786,106 | |
| SHLS | Shoals Technologies Group, Inc. | +2,211,870 | 3,471,934 | $123,253,657 | |
| IP | International Paper Co /New/ | +2,164,922 | 3,602,939 | $209,181,953 | |
| INSM | INSMED Inc | +2,032,553 | 2,554,235 | $72,693,527 | |
| FE | Firstenergy Corp | +1,795,160 | 4,315,114 | $160,565,391 | |
| TCOM | Trip.com Group Ltd | +1,715,731 | 4,917,956 | $174,390,719 | |
| ARRY | Array Technologies, Inc. | +1,538,327 | 4,983,356 | $77,740,353 | |
| GFL | GFL Environmental Inc. | +1,220,901 | 4,721,820 | $150,720,493 | |
| DBX | Dropbox, Inc. | +1,204,971 | 15,102,415 | $457,754,198 | |
| VZ | Verizon Communications Inc | +1,168,249 | 5,366,409 | $300,679,895 | |
| GOOS | Canada Goose Holdings Inc. | +1,137,873 | 1,143,173 | $50,002,387 | |
| RUN | Sunrun Inc. | +1,137,138 | 3,601,797 | $200,908,235 | |
| DLR | Digital Realty Trust, Inc. | +949,888 | 2,642,623 | $397,609,056 | |
| RSG | Republic Services, Inc. | +917,516 | 7,703,365 | $847,447,183 | |
| GPK | Graphic Packaging Holding Co | +876,909 | 2,305,578 | $41,823,184 | |
| TME | Tencent Music Entertainment Group | +848,875 | 3,784,651 | $58,586,396 | |
| RYN | Rayonier Inc | +824,672 | 4,889,296 | $175,672,405 | |
| ALLE | Allegion plc | +805,943 | 2,823,497 | $393,313,131 | |
| DAR | Darling Ingredients Inc. | +760,244 | 1,443,792 | $97,455,960 | |
| EXPE | Expedia Group, Inc. | +745,700 | 1,031,699 | $168,899,442 | |
| NKE | NIKE, Inc. | +739,094 | 2,742,701 | $423,719,877 | |
| MU | Micron Technology Inc | +707,336 | 4,656,092 | $395,674,697 | |
| WY | Weyerhaeuser Co | +701,804 | 5,076,344 | $174,727,760 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| UBS | UBS Group AG | −4,977,788 | 27,497,478 | $421,811,311 | |
| AQN | Algonquin Power & Utilities Corp. | −2,710,918 | 279,115 | $4,153,231 | |
| BABA | Alibaba Group Holding Ltd | −2,474,414 | 617,005 | $139,924,392 | |
| INTC | Intel Corp | −1,642,767 | 8,319,205 | $467,040,167 | |
| AUPH | Aurinia Pharmaceuticals Inc. | −1,636,862 | 2,170,394 | $28,128,305 | |
| BSY | Bentley Systems Inc | −1,378,542 | 707,677 | $45,843,315 | |
| AES | Aes Corp | −1,171,050 | 6,001,301 | $156,453,916 | |
| XPEV | Xpeng Inc. | −967,138 | 6,644,211 | $295,135,851 | |
| AMAT | Applied Materials Inc /De | −959,959 | 5,267,285 | $750,061,383 | |
| T | At&T Inc. | −915,548 | 6,909,883 | $150,201,508 | |
| EBAY | Ebay Inc | −865,847 | 2,737,815 | $192,221,990 | |
| ON | On Semiconductor Corp | −819,656 | 12,136,558 | $464,587,439 | |
| AME | Ametek Inc/ | −789,350 | 268,128 | $35,795,088 | |
| CMCSA | Comcast Corp | −732,279 | 8,422,689 | $450,104,288 | |
| FBIN | Fortune Brands Innovations, Inc. | −668,528 | 4,374,063 | $372,393,288 | |
| EXEL | Exelixis, Inc. | −595,151 | 5,468,891 | $99,643,193 | |
| ATO | Atmos Energy Corp | −561,052 | 1,324,662 | $127,313,264 | |
| KALV | KalVista Pharmaceuticals, Inc. | −543,197 | 22,532 | $539,865 | |
| EA | Electronic Arts Inc. | −483,695 | 739,679 | $106,388,030 | |
| NTES | NetEase, Inc. | −474,297 | 2,753,083 | $317,292,815 | |
| CUK | CARNIVAL PLC | −460,178 | 1,392,561 | $32,404,893 | |
| WAB | Westinghouse Air Brake Technologies Corp | −455,140 | 1,523,909 | $125,417,710 | |
| GILD | Gilead Sciences, Inc. | −413,477 | 4,802,990 | $330,733,891 | |
| LNT | Alliant Energy Corp | −392,924 | 5,503,964 | $306,901,032 | |
| D | Dominion Energy, Inc | −386,829 | 5,560,244 | $409,067,150 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MRVL | Marvell Technology, Inc. | 4,149,303 | $242,028,843 | |
| RERE | ATRenew Inc. | 2,972,326 | $44,436,273 | |
| GPOR | Gulfport Energy Corp | 604,900 | $39,137,029 | |
| YMM | Full Truck Alliance Co. Ltd. | 1,222,841 | $24,921,498 | |
| NPCE | NeuroPace Inc | 485,964 | $11,561,083 | |
| MNSO | MINISO Group Holding Ltd | 500,450 | $10,404,354 | |
| STX | Seagate Technology Holdings plc | 96,749 | $8,507,139 | |
| IAC | IAC Inc. | 49,199 | $6,222,319 | |
| VAL | Valaris Ltd | 177,305 | $5,120,568 | |
| PLTR | Palantir Technologies Inc. | 166,608 | $4,391,786 | |
| NBP | NovaBridge Biosciences | 37,200 | $3,122,940 | |
| CLVT | Clarivate PLC | 105,383 | $2,901,193 | |
| TIGR | UP Fintech Holding Ltd | 79,800 | $2,312,604 | |
| IAU | Ishares Gold Trust | 64,165 | $2,163,002 | |
| OGN | Organon & Co. | 54,684 | $1,654,737 | |
| BBD | Bank Bradesco | 262,948 | $1,348,923 | |
| BNL | Broadstone Net Lease, Inc. | 52,617 | $1,231,763 | |
| DOCS | Doximity, Inc. | 18,784 | $1,093,228 | |
| REYN | Reynolds Consumer Products Inc. | 34,015 | $1,032,355 | |
| LZ | Legalzoom.Com, Inc. | 24,835 | $940,004 | |
| TSEM | Tower Semiconductor Ltd | 29,228 | $860,180 | |
| RDWR | Radware Ltd | 24,224 | $745,614 | |
| CX | Cemex Sab De CV | 81,836 | $687,422 | |
| WMG | Warner Music Group Corp. | 16,364 | $589,758 | |
| TV | Grupo Televisa, S.A.B. | 26,126 | $373,079 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CRDF | Cardiff Oncology, Inc. | 581,907 | $5,388,457 | |
| ZIM | ZIM Integrated Shipping Services Ltd. | 100,310 | $2,441,544 | |
| ENTA | Enanta Pharmaceuticals Inc | 30,806 | $1,519,351 | |
| FHTX | Foghorn Therapeutics Inc. | 98,085 | $1,292,759 | |
| SSRM | Ssr Mining Inc. | 77,229 | $1,102,830 | |
| WVE | Wave Life Sciences Ltd. | 150,743 | $845,668 | |
| ABUS | Arbutus Biopharma Corp | 209,129 | $696,399 | |
| TEO | Telecom Argentina SA | 123,067 | $679,329 | |
| AMPH | Amphastar Pharmaceuticals, Inc. | 33,839 | $619,930 | |
| PGEN | Precigen, Inc. | 80,037 | $551,454 | |
| PAM | Pampa Energy Inc. | 27,164 | $403,113 | |
| KOD | Kodiak Sciences Inc. | 2,600 | $294,814 | |
| ABCB | Ameris Bancorp | 5,600 | $294,056 | |
| IOVA | Iovance Biotherapeutics, Inc. | 9,100 | $288,106 | |
| FORM | Formfactor Inc | 6,200 | $279,682 | |
| IRTC | iRhythm Holdings, Inc. | 2,000 | $277,720 | |
| CNO | CNO Financial Group, Inc. | 11,300 | $274,477 | |
| VCYT | Veracyte, Inc. | 5,100 | $274,125 | |
| TNET | Trinet Group, Inc. | 3,500 | $272,860 | |
| NEU | Newmarket Corp | 710 | $269,913 | |
| ASB | Associated Banc-Corp | 12,500 | $266,750 | |
| RAMP | LiveRamp Holdings, Inc. | 5,100 | $264,588 | |
| LCII | Lci Industries | 2,000 | $264,560 | |
| DOO | BRP Inc. | 3,000 | $260,760 | |
| DY | Dycom Industries Inc | 2,800 | $259,980 | |
| No positions match the current search. | ||||
77 positions ·
$2,149,014,391 total
· Basic Materials only
· as of Jun 30, 2021
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 77 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| ECL |
Ecolab Inc.
Basic Materials
|
Reduced | 3,398,135 | $699,913,865 | 32.57% | |
| WFG |
West Fraser Timber Co., Ltd
Basic Materials
|
Added | 5,535,547 | $396,788,008 | 18.46% | |
| ALB |
Albemarle Corp
Basic Materials
|
Reduced | 1,336,359 | $225,123,036 | 10.48% | |
| IFF |
International Flavors & Fragrances Inc
Basic Materials
|
Added | 1,388,283 | $207,409,479 | 9.65% | |
| ASH |
Ashland Inc.
Basic Materials
|
Reduced | 588,664 | $51,508,100 | 2.40% | |
| SXT |
Sensient Technologies Corp
Basic Materials
|
Reduced | 531,026 | $45,965,610 | 2.14% | |
| SHW |
Sherwin Williams Co
Basic Materials
|
Added | 158,828 | $43,272,688 | 2.01% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
Added | 591,434 | $37,485,086 | 1.74% | |
| NGVT |
Ingevity Corp
Basic Materials
|
Reduced | 442,429 | $35,996,023 | 1.68% | |
| APD |
Air Products & Chemicals, Inc.
Basic Materials
|
Reduced | 114,750 | $33,011,279 | 1.54% | |
| UFPI |
Ufp Industries Inc
Basic Materials
|
Added | 424,227 | $31,537,034 | 1.47% | |
| BCPC |
Balchem Corp
Basic Materials
|
Added | 220,394 | $28,928,916 | 1.35% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Added | 715,334 | $26,546,044 | 1.24% | |
| DOW |
Dow Inc.
Basic Materials
|
Added | 337,556 | $21,360,543 | 0.99% | |
| PPG |
Ppg Industries Inc
Basic Materials
|
Reduced | 108,744 | $18,461,468 | 0.86% | |
| CTVA |
Corteva, Inc.
Basic Materials
|
Added | 366,583 | $16,257,956 | 0.76% | |
| MERC |
Mercer International Inc.
Basic Materials
|
Added | 1,213,741 | $15,475,197 | 0.72% | |
| LYB |
LyondellBasell Industries N.V.
Basic Materials
|
Added | 139,914 | $14,392,952 | 0.67% | |
| NUE |
Nucor Corp
Basic Materials
|
Reduced | 148,051 | $14,202,531 | 0.66% | |
| NTR |
Nutrien Ltd.
Basic Materials
|
Reduced | 224,718 | $13,620,157 | 0.63% | |
| VMC |
Vulcan Materials CO
Basic Materials
|
Added | 75,250 | $13,098,766 | 0.61% | |
| TX |
Ternium S.A.
Basic Materials
|
Reduced | 307,775 | $11,837,026 | 0.55% | |
| FNV |
FRANCO NEVADA Corp
Basic Materials
|
Reduced | 77,169 | $11,194,906 | 0.52% | |
| MLM |
Martin Marietta Materials Inc
Basic Materials
|
Added | 29,557 | $10,398,447 | 0.48% | |
| EMN |
Eastman Chemical Co
Basic Materials
|
Added | 82,583 | $9,641,564 | 0.45% | |
| FMC |
Fmc Corp
Basic Materials
|
Added | 80,692 | $8,730,873 | 0.41% | |
| DD |
DuPont de Nemours, Inc.
Basic Materials
|
Reduced | 259,821 | $8,415,367 | 0.39% | |
| CE |
Celanese Corp
Basic Materials
|
Added | 54,483 | $8,259,622 | 0.38% | |
| WPM |
Wheaton Precious Metals Corp.
Basic Materials
|
Reduced | 176,895 | $7,795,762 | 0.36% | |
| SCCO |
Southern Copper Corp/
Basic Materials
|
Added | 115,471 | $7,094,492 | 0.33% | |
| RYAM |
Rayonier Advanced Materials Inc.
Basic Materials
|
Added | 1,050,954 | $7,030,881 | 0.33% | |
| STLD |
Steel Dynamics Inc
Basic Materials
|
Added | 110,982 | $6,614,527 | 0.31% | |
| CLW |
Clearwater Paper Corp
Basic Materials
|
Reduced | 213,903 | $6,196,769 | 0.29% | |
| AEM |
Agnico Eagle Mines Ltd
Basic Materials
|
Reduced | 98,654 | $5,963,633 | 0.28% | |
| MOS |
Mosaic Co
Basic Materials
|
Reduced | 168,052 | $5,362,538 | 0.25% | |
| VALE |
Vale S.A.
Basic Materials
|
Added | 213,805 | $4,876,892 | 0.23% | |
| CF |
CF Industries Holdings, Inc.
Basic Materials
|
Reduced | 88,423 | $4,549,362 | 0.21% | |
| PAAS |
Pan American Silver Corp
Basic Materials
|
Added | 156,118 | $4,460,291 | 0.21% | |
| RPM |
Rpm International Inc/De/
Basic Materials
|
Reduced | 46,974 | $4,165,653 | 0.19% | |
| BVN |
Buenaventura Mining Co Inc
Basic Materials
|
Reduced | 401,559 | $3,634,108 | 0.17% | |
| KGC |
Kinross Gold Corp
Basic Materials
|
Added | 505,872 | $3,212,286 | 0.15% | |
| TECK |
Teck Resources Ltd
Basic Materials
|
Reduced | 133,574 | $3,077,544 | 0.14% | |
| AGI |
Alamos Gold Inc
Basic Materials
|
Reduced | 337,793 | $2,584,116 | 0.12% | |
| BTG |
B2gold Corp
Basic Materials
|
Reduced | 423,252 | $1,781,890 | 0.08% | |
| AXTA |
Axalta Coating Systems Ltd.
Basic Materials
|
Reduced | 49,547 | $1,510,687 | 0.07% | |
| ICL |
ICL Group Ltd.
Basic Materials
|
Added | 202,913 | $1,391,982 | 0.06% | |
| RS |
Reliance, Inc.
Basic Materials
|
Reduced | 4,842 | $730,657 | 0.03% | |
| CX |
Cemex Sab De CV
Basic Materials
|
NEW | 81,836 | $687,422 | 0.03% | |
| CLF |
Cleveland-Cliffs Inc.
Basic Materials
|
Reduced | 31,680 | $683,020 | 0.03% | |
| SMG |
Scotts Miracle-Gro Co
Basic Materials
|
Reduced | 2,638 | $506,284 | 0.02% |