Ameliora Wealth Management Ltd.

CIK

1910168

Location

ZURICH, V8

Portfolio Value

Small $125,430,301

Diversification

Diversified

Filing Date

Global Rank

#4,869 / 8,232 ▼ 45

Top Industry

Semiconductors 17.8%

3Y Alpha vs SPY

+2.1%

Period ended 2 months ago

Filed Apr 23, 2026 · 52d

18 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+87.1%

SPY

+76.3%

Annualised alpha

+2.4%

Max drawdown

−17.6%

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

159 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

16.8%

+0.2 pts

Top 5

37.8%

+1.3 pts

Top 10

55.2%

+0.7 pts

HHI

519

Diversified+11

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	32.4%	$40,585,745	10
Technology	22.1%	$27,772,067	35
Financial Services	16.8%	$21,041,739	28
Consumer Cyclical	6.7%	$8,444,902	11
Industrials	6.5%	$8,111,146	17
Communication Services	5.5%	$6,927,264	11
Consumer Defensive	4.1%	$5,167,215	8
Healthcare	3.0%	$3,776,388	15
Energy	1.6%	$2,035,397	8
Basic Materials	0.8%	$980,094	8
Real Estate	0.3%	$343,765	3
Utilities	0.2%	$244,579	5

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
CVX	Chevron Corp	+749	2,923	$604,768
XOM	Exxon Mobil Corp	+592	6,563	$1,113,478
GLD	Spdr Gold Trust	+497	3,632	$1,562,813
MU	Micron Technology Inc	+400	2,411	$814,532
LOW	Lowes Companies Inc	+45	1,834	$433,337
PGR	Progressive Corp/Oh/	+38	1,404	$278,328
AAPL	Apple Inc.	+38	20,310	$5,154,474
MCD	Mcdonalds Corp	+25	126	$39,159
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SGOL	abrdn Gold ETF Trust	−117,204	471,014	$21,016,644
SLV	iShares Silver Trust	−57,763	28,907	$1,969,722
APO	Apollo Global Management, Inc.	−20,828	150	$16,713
WMT	Walmart Inc.	−7,643	31,925	$3,967,639
ATMP	Barclays Bank PLC	−3,848	13,159	$452,801
HL	Hecla Mining Co/De/	−3,300	1,700	$31,671
PBR	Petrobras - Petroleo Brasileiro SA	−2,600	1,400	$29,050
TEVA	Teva Pharmaceutical Industries Ltd	−2,000	1,000	$30,120
IBN	Icici Bank Ltd	−1,750	1,000	$25,900
BAC	Bank Of America Corp /De/	−1,300	6,717	$327,453
BA	Boeing Co	−1,250	3,250	$646,847
IRM	Iron Mountain Inc	−1,250	3,100	$316,634
TJX	Tjx Companies Inc /De/	−903	22,373	$3,572,968
AAL	American Airlines Group Inc.	−850	150	$1,611
IBKR	Interactive Brokers Group, Inc.	−703	9,252	$620,531
WM	Waste Management Inc	−644	15,830	$3,637,575
MSFT	Microsoft Corp	−593	11,337	$4,196,617
GOOGL	Alphabet Inc.	−579	15,200	$4,370,912
QQQ	Invesco Qqq Trust, Series 1	−560	10,361	$5,980,161
AVGO	Broadcom Inc.	−540	16,813	$5,203,791
VZ	Verizon Communications Inc	−505	300	$15,060
V	Visa Inc.	−474	10,759	$3,251,800
NEM	NEWMONT Corp /DE/	−456	200	$21,650
SPY	Spdr S&P 500 ETF Trust	−428	11,699	$7,608,327
AI	C3.ai, Inc.	−420	1,210	$10,188
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
SOFI	SoFi Technologies, Inc.	100,000	$1,588,000
ETHA	iShares Ethereum Trust ETF	14,101	$223,218
LMT	Lockheed Martin Corp	150	$90,658
TDS	Telephone & Data Systems Inc /De/	2,145	$90,304
ABBV	AbbVie Inc.	78	$16,964
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
AFRM	Affirm Holdings, Inc.	40,000	$2,977,200
BX	Blackstone Inc.	3,909	$602,533
BABA	Alibaba Group Holding Ltd	500	$73,290
FICO	Fair Isaac Corp	15	$25,359
IDXX	Idexx Laboratories Inc /De	29	$19,619
ORLY	O Reilly Automotive Inc	165	$15,049
NIO	NIO Inc.	225	$1,147
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

159 positions · $125,430,301 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 159 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SGOL	abrdn Gold ETF Trust	Reduced	471,014	-117,204	$21,016,644	−13.0%	16.76%
SPY	Spdr S&P 500 ETF Trust	Reduced	11,699	-428	$7,608,327	−8.0%	6.07%
NVDA	Nvidia Corp Technology	Reduced	43,505	-144	$7,587,272	−6.8%	6.05%
QQQ	Invesco Qqq Trust, Series 1	Reduced	10,361	-560	$5,980,161	−10.9%	4.77%
AVGO	Broadcom Inc. Technology	Reduced	16,813	-540	$5,203,791	−13.4%	4.15%
AAPL	Apple Inc. Technology	Added	20,310	+38	$5,154,474	−6.5%	4.11%
GOOGL	Alphabet Inc. Communication Services	Reduced	15,200	-579	$4,370,912	−11.5%	3.48%
MSFT	Microsoft Corp Technology	Reduced	11,337	-593	$4,196,617	−27.3%	3.35%
C	Citigroup Inc Financial Services	Held	36,160	0	$4,100,905	−2.8%	3.27%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	13,832	-299	$4,068,821	−10.6%	3.24%
WMT	Walmart Inc. Consumer Defensive	Reduced	31,925	-7,643	$3,967,639	−10.0%	3.16%
WM	Waste Management Inc Industrials	Reduced	15,830	-644	$3,637,575	+0.5%	2.90%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	22,373	-903	$3,572,968	−0.1%	2.85%
V	Visa Inc. Financial Services	Reduced	10,759	-474	$3,251,800	−17.5%	2.59%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	14,609	-111	$3,042,616	−10.4%	2.43%
GS	Goldman Sachs Group Inc Financial Services	Reduced	3,014	-81	$2,549,813	−6.3%	2.03%
MA	Mastercard Inc Financial Services	Held	4,215	0	$2,106,066	−12.5%	1.68%
SLV	iShares Silver Trust	Reduced	28,907	-57,763	$1,969,722	−64.7%	1.57%
SOFI	SoFi Technologies, Inc. Financial Services	NEW	100,000	NEW	$1,588,000	NEW	1.27%
GLD	Spdr Gold Trust	Added	3,632	+497	$1,562,813	+25.8%	1.25%
PWR	Quanta Services, Inc. Industrials	Reduced	2,428	-29	$1,333,020	+28.5%	1.06%
GE	General Electric Co Industrials	Reduced	4,357	-169	$1,236,385	−11.3%	0.99%
LLY	ELI LILLY & Co Healthcare	Reduced	1,290	-37	$1,186,503	−16.8%	0.95%
XOM	Exxon Mobil Corp Energy	Added	6,563	+592	$1,113,478	+55.0%	0.89%
IAU	Ishares Gold Trust	Held	12,500	0	$1,102,000	+8.6%	0.88%
META	Meta Platforms, Inc. Communication Services	Reduced	1,895	-204	$1,084,186	−21.7%	0.86%
UNH	Unitedhealth Group Inc Healthcare	Held	4,000	0	$1,082,360	−18.0%	0.86%
PANW	Palo Alto Networks Inc Technology	Reduced	5,134	-203	$823,082	−16.3%	0.66%
MU	Micron Technology Inc Technology	Added	2,411	+400	$814,532	+41.9%	0.65%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	1,975	0	$667,451	+11.2%	0.53%
IBIT	iShares Bitcoin Trust ETF	Held	17,337	0	$666,087	−22.6%	0.53%
BA	Boeing Co Industrials	Reduced	3,250	-1,250	$646,847	−33.8%	0.52%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	1,310	0	$627,752	−4.7%	0.50%
IBKR	Interactive Brokers Group, Inc. Financial Services	Reduced	9,252	-703	$620,531	−3.1%	0.49%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	608	-58	$605,829	+5.5%	0.48%
CVX	Chevron Corp Energy	Added	2,923	+749	$604,768	+82.5%	0.48%
RIO	Rio Tinto PLC Basic Materials	Held	6,480	0	$604,519	+16.6%	0.48%
NFLX	Netflix Inc Communication Services	Reduced	5,765	-275	$554,304	−2.1%	0.44%
GEV	GE Vernova Inc. Industrials	Held	610	0	$532,469	+33.6%	0.42%
ORCL	Oracle Corp Technology	Reduced	3,549	-269	$522,093	−29.8%	0.42%
DIS	Walt Disney Co Communication Services	Held	5,063	0	$487,971	−15.3%	0.39%
HZO	Marinemax Inc Consumer Cyclical	Held	17,600	0	$476,256	+11.7%	0.38%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	1,025	-77	$472,514	−24.3%	0.38%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	958	-72	$470,885	−21.1%	0.38%
ATMP	Barclays Bank PLC	Reduced	13,159	-3,848	$452,801	−7.5%	0.36%
LOW	Lowes Companies Inc Consumer Cyclical	Added	1,834	+45	$433,337	+0.4%	0.35%
SPGI	S&P Global Inc. Financial Services	Reduced	1,007	-82	$428,317	−24.7%	0.34%
AMD	Advanced Micro Devices Inc Technology	Held	1,959	0	$398,519	−5.0%	0.32%
HD	Home Depot, Inc. Consumer Cyclical	Held	1,197	0	$393,681	−4.4%	0.31%
WFC	Wells Fargo & Company/Mn Financial Services	Held	4,294	0	$341,845	−14.6%	0.27%