PICTET ASSET MANAGEMENT SA
CIK
1361570
Location
Geneva 73, V8
Portfolio Value
Large
$73,622,972,757
Diversification
Diversified
Filing Date
Global Rank
#67
/ 6,900
▲ 2
· as of Jun 2023
Top Industry
Software - Application
7.2%
3Y Alpha vs SPY
-6.5%
Period ended 3 years ago
Filed Aug 10, 2023 · 2y
8 quarters · since Sep 2021
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+51.0%
SPY
+76.5%
Annualised alpha
-6.1%
Max drawdown
−18.9%
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
1,662 positions · as of Jun 30, 2023 · Δ vs Mar 31, 2023Top Position
2.7%
+0.4 pts
Top 5
10.3%
+0.5 pts
Top 10
16.9%
+0.2 pts
HHI
67
Diversified+3
Portfolio Trend
8 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 26.9% | $19,801,641,445 |
| Healthcare | 17.4% | $12,779,798,628 |
| Industrials | 16.2% | $11,955,688,013 |
| Utilities | 9.8% | $7,201,623,873 |
| Consumer Cyclical | 8.7% | $6,383,174,719 |
| Financial Services | 6.3% | $4,660,478,866 |
| Real Estate | 4.1% | $2,998,606,337 |
| Basic Materials | 3.4% | $2,490,950,555 |
| Communication Services | 3.0% | $2,175,655,231 |
| Consumer Defensive | 2.6% | $1,922,773,162 |
| Energy | 1.2% | $855,100,248 |
| Unclassified | 0.5% | $397,481,680 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IOVA | Iovance Biotherapeutics, Inc. | +4,210,788 | 5,175,080 | $36,432,563 | |
| STKL | SunOpta Inc. | +2,906,958 | 3,112,103 | $20,819,969 | |
| ALKS | Alkermes plc. | +2,022,274 | 4,794,565 | $150,069,884 | |
| IONS | Ionis Pharmaceuticals Inc | +1,982,628 | 3,095,670 | $127,015,340 | |
| TME | Tencent Music Entertainment Group | +1,837,752 | 2,702,657 | $19,945,608 | |
| NI | Nisource Inc. | +1,833,487 | 3,283,186 | $89,795,137 | |
| CARR | CARRIER GLOBAL Corp | +1,664,898 | 3,179,453 | $158,050,608 | |
| AMZN | Amazon Com Inc | +1,653,554 | 7,741,200 | $1,009,142,832 | |
| XYL | Xylem Inc. | +1,626,041 | 6,997,852 | $788,098,092 | |
| A | Agilent Technologies, Inc. | +1,358,562 | 6,644,015 | $798,942,803 | |
| VTRS | Viatris Inc | +1,275,253 | 5,462,380 | $54,514,552 | |
| BBIO | BridgeBio Pharma, Inc. | +1,090,284 | 2,532,716 | $43,562,715 | |
| CLDX | Celldex Therapeutics, Inc. | +1,014,420 | 1,794,048 | $60,872,048 | |
| PCG | PG&E Corp | +974,063 | 22,268,520 | $384,800,025 | |
| GRFS | Grifols SA | +937,276 | 6,467,786 | $59,244,919 | |
| TENB | Tenable Holdings, Inc. | +888,255 | 2,572,053 | $112,012,908 | |
| ADPT | Adaptive Biotechnologies Corp | +856,846 | 2,741,086 | $18,392,687 | |
| DDOG | Datadog, Inc. | +819,967 | 907,798 | $89,309,167 | |
| PCVX | Vaxcyte, Inc. | +810,663 | 1,480,747 | $73,948,505 | |
| UBER | Uber Technologies, Inc | +790,918 | 3,338,287 | $144,113,849 | |
| RPD | Rapid7, Inc. | +779,412 | 1,809,930 | $81,953,630 | |
| ECL | Ecolab Inc. | +761,753 | 4,251,402 | $793,694,239 | |
| GILD | Gilead Sciences, Inc. | +739,901 | 4,991,061 | $384,661,071 | |
| DOV | DOVER Corp | +709,380 | 868,443 | $128,225,608 | |
| FBIN | Fortune Brands Innovations, Inc. | +706,905 | 4,577,149 | $329,325,870 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CMCSA | Comcast Corp | −4,359,271 | 2,497,241 | $97,245,061 | |
| GEN | Gen Digital Inc. | −2,606,503 | 4,586,621 | $85,081,819 | |
| IBRX | ImmunityBio, Inc. | −2,400,344 | 21,556 | $59,925 | |
| COHR | Coherent Corp. | −2,278,974 | 906,461 | $46,211,381 | |
| CPRI | Capri Holdings Ltd | −1,835,590 | 72,007 | $2,584,331 | |
| UBS | UBS Group AG | −1,666,273 | 27,778,145 | $563,062,999 | |
| PINS | Pinterest, Inc. | −1,552,488 | 471,354 | $12,886,818 | |
| WAB | Westinghouse Air Brake Technologies Corp | −1,517,459 | 571,077 | $62,630,014 | |
| DBX | Dropbox, Inc. | −1,448,714 | 5,186,222 | $138,316,540 | |
| JCI | Johnson Controls International plc | −1,334,301 | 9,571,735 | $652,218,022 | |
| CRM | Salesforce, Inc. | −1,273,798 | 3,838,276 | $810,874,187 | |
| IQ | iQIYI, Inc. | −1,138,790 | 1,332,717 | $7,116,708 | |
| BEKE | KE Holdings Inc. | −1,096,644 | 2,424,038 | $35,996,964 | |
| ELAN | Elanco Animal Health Inc | −1,068,067 | 57,837 | $581,840 | |
| AMAT | Applied Materials Inc /De | −1,060,936 | 6,632,741 | $958,696,384 | |
| MBC | MasterBrand, Inc. | −1,053,012 | 17,146 | $199,407 | |
| PYPL | PayPal Holdings, Inc. | −906,984 | 2,158,450 | $144,033,368 | |
| AMD | Advanced Micro Devices Inc | −846,077 | 3,678,765 | $419,048,121 | |
| AMLX | Amylyx Pharmaceuticals, Inc. | −832,200 | 601,646 | $12,977,504 | |
| FIS | Fidelity National Information Services, Inc. | −831,612 | 1,398,389 | $76,491,878 | |
| ALV | Autoliv Inc | −737,153 | 249,123 | $21,185,419 | |
| ES | Eversource Energy | −732,092 | 2,191,262 | $155,404,301 | |
| GPK | Graphic Packaging Holding Co | −731,946 | 2,646,512 | $63,595,683 | |
| VRNS | Varonis Systems Inc | −680,906 | 751,795 | $20,035,336 | |
| RCUS | Arcus Biosciences, Inc. | −649,798 | 634,045 | $12,877,453 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CP | Canadian Pacific Kansas City Ltd/Cn | 691,538 | $55,855,524 | |
| MLTX | MoonLake Immunotherapeutics | 894,005 | $45,594,255 | |
| MBLY | Mobileye Global Inc. | 939,434 | $36,093,054 | |
| VERA | Vera Therapeutics, Inc. | 919,352 | $14,755,599 | |
| SPY | Spdr S&P 500 ETF Trust | 28,400 | $12,589,152 | |
| PLRX | Pliant Therapeutics, Inc. | 639,808 | $11,593,320 | |
| IMVT | Immunovant, Inc. | 580,170 | $11,005,824 | |
| ASND | Ascendis Pharma A/S | 119,258 | $10,643,776 | |
| TRI | Thomson Reuters Corp /Can/ | 70,853 | $9,560,903 | |
| AMWD | American Woodmark Corp | 116,429 | $8,891,682 | |
| LKFT | Lakefront Biotherapeutics NV | 167,274 | $6,801,360 | |
| YPF | Ypf Sociedad Anonima | 348,770 | $5,193,185 | |
| BMA | Macro Bank Inc. | 181,195 | $4,781,736 | |
| RBA | Rb Global Inc. | 75,846 | $4,550,760 | |
| PBR | Petrobras - Petroleo Brasileiro SA | 305,214 | $4,221,109 | |
| QQQ | Invesco Qqq Trust, Series 1 | 10,875 | $4,017,442 | |
| COOK | Traeger, Inc. | 17,456 | $3,709,400 | |
| SVV | Savers Value Village, Inc. | 151,858 | $3,599,034 | |
| GGAL | Grupo Financiero Galicia SA | 196,543 | $3,380,539 | |
| ZG | Zillow Group, Inc. | 54,723 | $2,692,371 | |
| PATH | UiPath, Inc. | 125,015 | $2,071,498 | |
| ACI | Albertsons Companies, Inc. | 91,192 | $1,989,809 | |
| NXT | Nextpower Inc. | 46,310 | $1,843,601 | |
| MNDY | monday.com Ltd. | 6,489 | $1,111,046 | |
| DV | DoubleVerify Holdings, Inc. | 12,810 | $498,565 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SNBRQ | Sleep Number Corp | 418,442 | $12,724,820 | |
| CPNG | Coupang, Inc. | 654,563 | $10,473,008 | |
| MED | Medifast Inc | 67,524 | $7,000,212 | |
| SHEL | Shell plc | 100,262 | $5,769,074 | |
| GL | Globe Life Inc. | 13,180 | $1,450,063 | |
| XPEV | Xpeng Inc. | 110,298 | $1,225,410 | |
| FUBO | FuboTV Inc. | 38,604 | $560,530 | |
| JD | JD.com, Inc. | 10,456 | $458,913 | |
| VSXY | Victoria's Secret & Co. | 10,355 | $353,623 | |
| MRCY | Mercury Systems Inc | 6,892 | $352,319 | |
| TNDM | Tandem Diabetes Care Inc | 7,082 | $287,599 | |
| ADUS | Addus HomeCare Corp | 2,628 | $280,564 | |
| WAFD | Wafd Inc | 8,808 | $265,296 | |
| STRA | Strategic Education, Inc. | 2,856 | $256,554 | |
| BOH | Bank Of Hawaii Corp | 4,770 | $248,421 | |
| OXM | Oxford Industries Inc | 2,324 | $245,391 | |
| MTX | Minerals Technologies Inc | 4,040 | $244,096 | |
| URBN | Urban Outfitters Inc | 8,450 | $234,234 | |
| FRME | First Merchants Corp | 7,032 | $231,704 | |
| WSBC | Wesbanco Inc | 7,505 | $230,403 | |
| AGYS | Agilysys Inc | 2,684 | $221,456 | |
| PSMT | Pricesmart Inc | 3,081 | $220,229 | |
| DDS | Dillard's, Inc. | 715 | $219,990 | |
| UNFI | United Natural Foods Inc | 8,247 | $217,307 | |
| INSW | International Seaways, Inc. | 5,179 | $215,860 | |
| No positions match the current search. | ||||
1,662 positions ·
$73,622,972,757 total
· as of Jun 30, 2023
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 1,662 positions by value
· page 1 of 34
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MSFT |
Microsoft Corp
Technology
|
Added | 5,837,340 | $1,987,847,763 | 2.70% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 9,208,961 | $1,786,262,165 | 2.43% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Reduced | 2,577,185 | $1,344,646,273 | 1.83% | |
| RSG |
Republic Services, Inc.
Industrials
|
Added | 8,214,368 | $1,258,194,746 | 1.71% | |
| SNPS |
Synopsys Inc
Technology
|
Reduced | 2,792,027 | $1,215,676,476 | 1.65% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 7,741,200 | $1,009,142,832 | 1.37% | |
| NXPI |
NXP Semiconductors N.V.
Technology
|
Added | 4,900,481 | $1,003,030,451 | 1.36% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Reduced | 6,632,741 | $958,696,384 | 1.30% | |
| NEE |
Nextera Energy Inc
Utilities
|
Added | 12,556,507 | $931,692,819 | 1.27% | |
| WCN |
Waste Connections, Inc.
Industrials
|
Added | 6,414,844 | $916,873,652 | 1.25% | |
| WM |
Waste Management Inc
Industrials
|
Added | 5,280,744 | $915,786,624 | 1.24% | |
| AWK |
American Water Works Company, Inc.
Utilities
|
Reduced | 6,131,818 | $875,317,019 | 1.19% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 3,638,118 | $863,980,262 | 1.17% | |
| CRM |
Salesforce, Inc.
Technology
|
Reduced | 3,838,276 | $810,874,187 | 1.10% | |
| A |
Agilent Technologies, Inc.
Healthcare
|
Added | 6,644,015 | $798,942,803 | 1.09% | |
| ECL |
Ecolab Inc.
Basic Materials
|
Added | 4,251,402 | $793,694,239 | 1.08% | |
| EQIX |
Equinix Inc
Real Estate
|
Reduced | 1,010,965 | $792,535,902 | 1.08% | |
| XYL |
Xylem Inc.
Industrials
|
Added | 6,997,852 | $788,098,092 | 1.07% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 2,689,256 | $703,966,543 | 0.96% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 5,857,809 | $701,179,737 | 0.95% | |
| ON |
On Semiconductor Corp
Technology
|
Added | 7,254,335 | $686,115,004 | 0.93% | |
| PTC |
Ptc Inc.
Technology
|
Reduced | 4,762,705 | $677,732,921 | 0.92% | |
| CDNS |
Cadence Design Systems Inc
Technology
|
Added | 2,851,516 | $668,737,532 | 0.91% | |
| JCI |
Johnson Controls International plc
Industrials
|
Reduced | 9,571,735 | $652,218,022 | 0.89% | |
| DHR |
Danaher Corp /De/
Healthcare
|
Reduced | 2,900,158 | $617,055,017 | 0.84% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 2,129,086 | $611,005,100 | 0.83% | |
| UBS |
UBS Group AG
Financial Services
|
Reduced | 27,778,145 | $563,062,999 | 0.76% | |
| ETN |
Eaton Corp plc
Industrials
|
Reduced | 2,741,330 | $551,281,463 | 0.75% | |
| ROP |
Roper Technologies Inc
Technology
|
Added | 1,115,550 | $536,356,440 | 0.73% | |
| MRVL |
Marvell Technology, Inc.
Technology
|
Reduced | 8,484,273 | $507,189,839 | 0.69% | |
| ACM |
Aecom
Industrials
|
Added | 5,904,037 | $500,012,893 | 0.68% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Added | 988,565 | $475,143,881 | 0.65% | |
| ADSK |
Autodesk, Inc.
Technology
|
Reduced | 2,307,486 | $472,134,710 | 0.64% | |
| EXC |
Exelon Corp
Utilities
|
Added | 10,861,542 | $442,499,221 | 0.60% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 3,678,765 | $419,048,121 | 0.57% | |
| ADBE |
Adobe Inc.
Technology
|
Added | 835,416 | $408,510,069 | 0.55% | |
| WDAY |
Workday, Inc.
Technology
|
Reduced | 1,797,506 | $406,038,630 | 0.55% | |
| TT |
Trane Technologies plc
Industrials
|
Added | 2,050,993 | $392,272,921 | 0.53% | |
| MAR |
Marriott International Inc /Md/
Consumer Cyclical
|
Added | 2,116,227 | $388,729,737 | 0.53% | |
| PCG |
PG&E Corp
Utilities
|
Added | 22,268,520 | $384,800,025 | 0.52% | |
| GILD |
Gilead Sciences, Inc.
Healthcare
|
Added | 4,991,061 | $384,661,071 | 0.52% | |
| LIN |
Linde PLC
Basic Materials
|
Added | 1,006,315 | $383,486,520 | 0.52% | |
| VRTX |
Vertex Pharmaceuticals Inc / Ma
Healthcare
|
Reduced | 1,075,836 | $378,597,446 | 0.51% | |
| WY |
Weyerhaeuser Co
Real Estate
|
Reduced | 11,176,405 | $374,521,331 | 0.51% | |
| BLD |
QXO Insulation, LLC
Industrials
|
Reduced | 1,400,579 | $372,582,025 | 0.51% | |
| ADI |
Analog Devices Inc
Technology
|
Added | 1,849,627 | $360,325,835 | 0.49% | |
| INTU |
Intuit Inc.
Technology
|
Added | 786,281 | $360,266,091 | 0.49% | |
| IEX |
Idex Corp /De/
Industrials
|
Added | 1,662,869 | $357,949,180 | 0.49% | |
| SO |
Southern Co
Utilities
|
Added | 5,092,414 | $357,742,083 | 0.49% | |
| BIIB |
Biogen Inc.
Healthcare
|
Added | 1,249,054 | $355,793,031 | 0.48% |