Institution

Banque Pictet & Cie SA

13F for the quarter to June 30, 2026, filed July 24, 2026 · SEC CIK 1535602

Reported value: $9.7bn
Positions we cover: 238
Copy, a year: +12.4%
Copy Sharpe ratio: 0.67

How copying its 13F would have done

CopyS&P 500 $10,000 copying Banque Pictet & Cie SA's filed holdings in companies we cover from February 14, 2014, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −31.0% (S&P 500 −31.8%); beta 0.96; alpha −0.6% a year (t = −0.36); last 12 months +18.2% against +12.1%.

Reported value by quarter

Banque Pictet & Cie SA: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-12-31	$3.4B
2014-03-31	$3.4B
2014-06-30	$3.7B
2014-09-30	$3.6B
2014-12-31	$3.7B
2015-03-31	$3.7B
2015-06-30	$1.2B
2015-09-30	$3.3B
2015-12-31	$3.7B
2016-03-31	$3.8B
2016-06-30	$3.7B
2016-09-30	$3.8B
2016-12-31	$3.8B
2017-03-31	$4B
2017-06-30	$4.2B
2017-09-30	$4.4B
2017-12-31	$5B
2018-03-31	$4.7B
2018-06-30	$5.1B
2018-09-30	$5.4B
2018-12-31	$4.9B
2019-03-31	$5.2B
2019-06-30	$5.4B
2019-09-30	$5.3B
2019-12-31	$5.8B
2020-03-31	$4.9B
2020-06-30	$6B
2020-09-30	$6.6B
2020-12-31	$7.4B
2021-03-31	$7.8B
2021-06-30	$9B
2021-09-30	$9.6B
2021-12-31	$13.5B
2022-03-31	$12.9B
2022-06-30	$10.1B
2022-09-30	$9.2T
2022-12-31	$9.6T
2023-03-31	$10.3B
2023-06-30	$11.4B
2023-09-30	$8.5B
2023-12-31	$8.9B
2024-03-31	$9.5B
2024-06-30	$9.8B
2024-09-30	$10.1B
2024-12-31	$10.3B
2025-03-31	$9.4B
2025-06-30	$9.6B
2025-09-30	$10B
2025-12-31	$10B
2026-03-31	$8.6B
2026-06-30	$9.7B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
AMZNAmazon	10.16%	$987.8m	4.14M	+0.2%
MSFTMicrosoft Corporation	7.45%	$724.2m	1.95M	+1.4% Added
GOOGLAlphabet Inc. (Class A)	5.48%	$533.0m	1.49M	−7.7% Reduced
MAMastercard	4.75%	$461.3m	898.1K	+35.2% Added
TXNTexas Instruments	4.64%	$451.1m	1.51M	−0.5%
NVDANVIDIA Corporation	3.19%	$309.7m	1.55M	+3.6% Added
MDLNMedline Inc.	2.97%	$288.4m	7.31M	+414.6% Added
WMWaste Management	2.96%	$287.7m	1.29M	−0.7% Reduced
MCDMcDonald's	2.92%	$283.3m	1.05M	−5.8% Reduced
MSCIMSCI	2.23%	$217.0m	387.5K	−0.7% Reduced
METAMeta Platforms	1.99%	$193.7m	343.9K	+6.5% Added
MRNAModerna	1.95%	$189.0m	2.70M	−1.8% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	1.77%	$172.2m	360.6K	−2.0% Reduced
AVGOBroadcom	1.65%	$160.2m	424.0K	+6.9% Added
AAPLApple Inc.	1.61%	$156.5m	540.8K	−1.0% Reduced
AMDAdvanced Micro Devices	1.56%	$152.1m	261.8K	+8.6% Added
ZTSZoetis	1.33%	$128.9m	1.79M	−1.5% Reduced
VVisa Inc.	1.20%	$116.4m	339.3K	−7.3% Reduced
ABBVAbbVie	1.06%	$103.0m	409.3K	+9.9% Added
MUMicron Technology	0.97%	$94.7m	82.0K	−39.3% Reduced
WFCWells Fargo	0.96%	$93.1m	1.13M	+20.5% Added
PMPhilip Morris International	0.87%	$84.9m	469.4K	+5.1% Added
UBSUBS Group AG	0.84%	$81.3m	1.64M	−1.6% Reduced
OCOwens Corning	0.84%	$81.2m	511.0K	+26.9% Added
LLYLilly (Eli)	0.83%	$80.5m	67.1K	+4.3% Added
ETNEaton Corporation	0.73%	$71.1m	166.8K	−1.9% Reduced
UNHUnitedHealth Group	0.70%	$68.5m	164.9K	−15.2% Reduced
MRKMerck & Co.	0.67%	$64.7m	503.4K	−1.9% Reduced
LINLinde plc	0.66%	$64.0m	123.3K	0.0%
ORLYO'Reilly Automotive	0.61%	$59.8m	649.6K	+8.7% Added
SYKStryker Corporation	0.61%	$59.3m	188.3K	+20.8% Added
CRMSalesforce	0.55%	$53.6m	341.9K	+33.5% Added
DEDeere & Company	0.51%	$49.5m	78.0K	+1.8% Added
BSXBoston Scientific	0.47%	$45.6m	1.07M	+16.0% Added
PANWPalo Alto Networks	0.46%	$44.5m	130.6K	+83.3% Added
JNJJohnson & Johnson	0.45%	$44.0m	173.1K	+1.5% Added
BACBank of America	0.41%	$40.1m	704.4K	−10.8% Reduced
ALCAlcon Inc	0.38%	$37.1m	547.6K	−11.0% Reduced
AMATApplied Materials	0.37%	$36.4m	50.5K	−5.4% Reduced
UBERUber	0.37%	$35.9m	496.9K	+2.2% Added
AZNAstrazeneca PLC	0.36%	$34.9m	186.7K	−4.7% Reduced
MCOMoody's Corporation	0.33%	$32.3m	71.3K	+0.9% Added
NFLXNetflix	0.33%	$31.8m	444.8K	+10.6% Added
LRCXLam Research	0.30%	$29.2m	67.3K	−21.4% Reduced
BKNGBooking Holdings	0.30%	$29.1m	163.4K	+2292.7% Added
TJXTJX Companies	0.30%	$28.9m	190.5K	−2.4% Reduced
TRGPTarga Resources	0.29%	$28.2m	105.0K	−19.1% Reduced
SLBSchlumberger	0.28%	$27.6m	593.2K	+9.5% Added
ADBEAdobe Inc.	0.27%	$26.0m	126.9K	+23.1% Added
SESea Ltd	0.26%	$25.5m	266.3K	+99.2% Added
DHID. R. Horton	0.26%	$25.3m	155.1K	−4.6% Reduced
GILDGilead Sciences	0.26%	$25.2m	199.7K	−1.2% Reduced
WDAYWorkday, Inc.	0.26%	$24.8m	202.4K	+77.4% Added
PHParker Hannifin	0.25%	$24.5m	25.0K	+467.5% Added
MELIMercadolibre Inc	0.25%	$23.9m	14.1K	+5.3% Added
UNPUnion Pacific Corporation	0.23%	$22.5m	82.9K	−8.4% Reduced
CVXChevron Corporation	0.23%	$22.5m	135.8K	−2.1% Reduced
DHRDanaher Corporation	0.23%	$22.4m	117.8K	−4.6% Reduced
WSEWise Group plc	0.22%	$21.5m	1.80M	New
MRSHMarsh McLennan	0.22%	$21.1m	126.9K	−52.6% Reduced
PEPPepsiCo	0.21%	$20.7m	153.2K	−18.8% Reduced
IBMIBM	0.21%	$20.4m	72.6K	+4.5% Added
ROLRollins, Inc.	0.19%	$18.4m	440.1K	−5.3% Reduced
ROKRockwell Automation	0.19%	$18.3m	36.9K	−1.3% Reduced
PEverpure	0.19%	$18.2m	230.8K	+4.7% Added
KOThe Coca-Cola Company	0.18%	$17.5m	215.0K	+1.9% Added
MSMorgan Stanley	0.17%	$16.6m	79.6K	+0.4%
HUMHumana	0.17%	$16.5m	41.4K	−17.6% Reduced
EXPEExpedia Group	0.17%	$16.2m	63.4K	−10.0% Reduced
PGProcter & Gamble	0.16%	$15.4m	104.8K	−0.2%
ABTAbbott Laboratories	0.15%	$14.9m	164.5K	+32.4% Added
ISRGIntuitive Surgical	0.15%	$14.7m	36.9K	+15.2% Added
DGDollar General	0.14%	$14.1m	122.7K	+5.6% Added
JPMJPMorgan Chase	0.14%	$14.1m	43.0K	−23.8% Reduced
BIIBBiogen	0.14%	$14.1m	65.1K	−1.5% Reduced
ABNBAirbnb	0.14%	$13.5m	94.6K	−12.9% Reduced
AFLAflac	0.14%	$13.2m	112.8K	−1.6% Reduced
SCHWCharles Schwab Corporation	0.13%	$12.9m	140.2K	−3.5% Reduced
SOPHSophia Genetics SA	0.13%	$12.7m	2.21M	0.0%
TMOThermo Fisher Scientific	0.13%	$12.7m	25.3K	+5.6% Added
CMECME Group	0.13%	$12.5m	56.7K	−4.2% Reduced
SWSmurfit Westrock	0.13%	$12.4m	268.9K	−16.7% Reduced
PKGPackaging Corporation of America	0.13%	$12.3m	51.7K	−1.9% Reduced
FCXFreeport-McMoRan	0.13%	$12.3m	195.7K	−20.3% Reduced
NVRNVR, Inc.	0.12%	$11.8m	1.7K	+7.4% Added
VRTXVertex Pharmaceuticals	0.12%	$11.7m	23.5K	−17.7% Reduced
ZMZoom Communications, Inc.	0.12%	$11.5m	133.8K	−1.6% Reduced
NEMNewmont	0.12%	$11.4m	122.0K	−31.4% Reduced
QCOMQualcomm	0.12%	$11.2m	60.8K	−28.8% Reduced
ELVElevance Health	0.11%	$11.1m	28.6K	−1.7% Reduced
ASXASE Technology Holding Co., Ltd.	0.11%	$10.7m	237.0K	+1.5% Added
AMPAmeriprise Financial	0.11%	$10.6m	23.1K	−1.7% Reduced
LOWLowe's	0.11%	$10.5m	47.7K	+11.7% Added
ETSYEtsy Inc	0.10%	$10.0m	133.2K	−2.0% Reduced
VRSNVerisign Inc	0.10%	$9.8m	38.8K	−14.0% Reduced
HOODRobinhood Markets	0.10%	$9.7m	96.6K	+0.4%
TMUST-Mobile US	0.10%	$9.6m	57.1K	+4.8% Added
ADPAutomatic Data Processing	0.10%	$9.2m	41.2K	−17.8% Reduced
CCitigroup	0.09%	$9.1m	65.2K	−29.9% Reduced
ONONOn Holding AG	0.09%	$9.0m	255.5K	0.0%
CTASCintas	0.09%	$8.6m	50.5K	−54.3% Reduced
WYNNWynn Resorts	0.09%	$8.3m	85.6K	−1.8% Reduced
CMGChipotle Mexican Grill	0.09%	$8.3m	244.0K	−50.7% Reduced
CRHCRH plc	0.08%	$8.2m	76.4K	−0.2%
PYPLPayPal	0.08%	$7.7m	179.3K	−2.1% Reduced
CLColgate-Palmolive	0.08%	$7.7m	83.6K	−21.5% Reduced
GLWCorning Inc.	0.08%	$7.7m	30.0K	−42.2% Reduced
ADSKAutodesk, Inc.	0.08%	$7.4m	38.0K	−14.3% Reduced
EOGEOG Resources	0.07%	$6.9m	53.4K	−4.3% Reduced
GEVGE Vernova	0.07%	$6.8m	5.8K	+479.6% Added
COSTCostco	0.07%	$6.5m	6.9K	−0.3%
AMRZAmrize Ltd	0.07%	$6.3m	119.5K	+19.9% Added
VERXVertex, Inc.	0.07%	$6.3m	548.0K	−1.1% Reduced
WMTWalmart	0.06%	$6.2m	54.8K	+2.2% Added
ELThe Estée Lauder Companies	0.06%	$5.5m	69.1K	0.0%
HDBHdfc Bank LTD	0.06%	$5.4m	209.0K	+5.5% Added
ASMLAsml Holding NV	0.06%	$5.3m	2.7K	−5.4% Reduced
ESLTElbit Systems LTD	0.05%	$5.3m	7.0K	0.0%
CSCOCisco	0.05%	$4.9m	42.0K	−29.9% Reduced
SPGIS&P Global	0.05%	$4.8m	11.8K	−35.7% Reduced
CICigna	0.05%	$4.7m	17.1K	−41.6% Reduced
ICEIntercontinental Exchange	0.05%	$4.7m	38.0K	−0.9% Reduced
TSLATesla, Inc.	0.05%	$4.7m	11.1K	−2.5% Reduced
GEGE Aerospace	0.04%	$4.4m	11.8K	−37.0% Reduced
NOCNorthrop Grumman	0.04%	$4.4m	8.6K	−18.2% Reduced
HPQHP Inc.	0.04%	$4.1m	186.7K	+6.8% Added
NVONovo Nordisk A S	0.04%	$4.1m	84.7K	−2.4% Reduced
DUKDuke Energy	0.04%	$3.8m	30.0K	0.0%
OTISOtis Worldwide	0.04%	$3.7m	51.7K	0.0%
HONHoneywell Technologies	0.04%	$3.7m	16.3K	New
HONAHoneywell Aerospace	0.04%	$3.6m	16.5K	New
NVTnVent Electric plc	0.04%	$3.6m	20.9K	+48.8% Added
AREAlexandria Real Estate Equities	0.04%	$3.5m	65.3K	+6.7% Added
PWRQuanta Services	0.03%	$3.3m	4.5K	−39.3% Reduced
GSGoldman Sachs	0.03%	$3.3m	3.2K	−52.2% Reduced
BBarrick Mining Corp	0.03%	$3.2m	87.5K	0.0%
YUMCYum China Holdings, Inc.	0.03%	$2.9m	70.9K	+4.0% Added
DXCMDexcom	0.03%	$2.8m	41.7K	−56.6% Reduced
ACNAccenture	0.03%	$2.8m	22.6K	+23.2% Added
UTHRUnited Therapeutics Corp	0.03%	$2.7m	4.9K	+8.5% Added
PCVXVaxcyte, Inc.	0.03%	$2.6m	44.7K	−27.7% Reduced
IRTCIrhythm Holdings, Inc.	0.03%	$2.6m	21.8K	−12.0% Reduced
BABAAlibaba Group Holding Ltd	0.03%	$2.4m	25.0K	0.0%
GPCRStructure Therapeutics Inc.	0.02%	$2.3m	43.3K	−12.2% Reduced
REGNRegeneron Pharmaceuticals	0.02%	$2.3m	3.7K	−62.5% Reduced
RACEFerrari N.V.	0.02%	$2.3m	6.2K	−20.4% Reduced
BIDUBaidu, Inc.	0.02%	$2.3m	20.0K	0.0%
ECLEcolab	0.02%	$2.2m	7.9K	−3.9% Reduced
IMVTImmunovant, Inc.	0.02%	$2.2m	57.2K	−35.5% Reduced
NKENike, Inc.	0.02%	$2.2m	53.3K	−38.7% Reduced

Company	Bought (value)	Shares
MDLNMedline Inc.	$232.3m	5.89M
MAMastercard	$120.2m	234.0K
BKNGBooking Holdings	$27.9m	156.6K
WSEWise Group plc	$21.5m	1.80M
PANWPalo Alto Networks	$20.2m	59.4K
PHParker Hannifin	$20.2m	20.6K
OCOwens Corning	$17.2m	108.3K
WFCWells Fargo	$15.9m	192.0K
CRMSalesforce	$13.4m	85.8K
SESea Ltd	$12.7m	132.6K
AMDAdvanced Micro Devices	$12.0m	20.7K
METAMeta Platforms	$11.8m	20.9K
WDAYWorkday, Inc.	$10.8m	88.3K
NVDANVIDIA Corporation	$10.6m	53.1K
AVGOBroadcom	$10.3m	27.2K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
MUMicron Technology	−$61.4m	−53.2K
GOOGLAlphabet Inc. (Class A)	−$44.6m	−124.8K
MRSHMarsh McLennan	−$23.5m	−140.8K
MCDMcDonald's	−$17.5m	−64.7K
UNHUnitedHealth Group	−$12.2m	−29.5K
CTASCintas	−$10.2m	−60.0K
VVisa Inc.	−$9.2m	−26.7K
CMGChipotle Mexican Grill	−$8.5m	−251.4K
LRCXLam Research	−$7.9m	−18.3K
LYBLyondellBasell	−$7.0m	−86.9K
TRGPTarga Resources	−$6.6m	−24.8K
GLWCorning Inc.	−$5.6m	−21.9K
NEMNewmont	−$5.2m	−55.7K
BACBank of America	−$4.9m	−85.3K
PEPPepsiCo	−$4.8m	−35.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
LYBLyondellBasell	$7.0m	86.9K
HCAHCA Healthcare	$4.6m	9.7K
SBSCompanhia DE Saneamento Basico DO Estado DE SAO Paulo-sabesp	$4.1m	133.5K
MLMMartin Marietta Materials	$3.5m	5.9K
VMCVulcan Materials Company	$3.3m	12.0K
WCNWaste Connections, Inc.	$3.1m	19.3K
CPCanadian Pacific Kansas City LTD	$2.9m	37.1K
SRESempra	$2.7m	27.9K
SOSouthern Company	$2.6m	27.4K
ETREntergy	$2.6m	23.1K
CMSCMS Energy	$2.3m	29.3K
ATOAtmos Energy	$2.3m	12.3K
BKHBlack Hills Corp	$2.3m	32.5K
IDAIdacorp Inc	$2.2m	15.6K
XELXcel Energy	$2.1m	26.8K
CEGConstellation Energy	$2.1m	7.6K
WELLWelltower	$2.1m	10.7K
PEGPublic Service Enterprise Group	$2.1m	25.9K
FFIVF5, Inc.	$2.1m	7.2K
FERFerrovial N.V.	$2.1m	32.4K
CFCF Industries	$2.0m	15.6K
PODDInsulet Corporation	$1.9m	8.9K
ROSTRoss Stores	$1.7m	8.0K
ABVXAbivax S.a.	$1.7m	15.0K
NBIXNeurocrine Biosciences Inc	$1.6m	12.5K
INCYIncyte	$1.6m	17.5K
CPRTCopart	$1.6m	48.1K
DPZDomino's	$1.6m	4.4K
VKTXViking Therapeutics, Inc.	$1.6m	48.5K
CCJCameco Corp	$1.6m	14.5K

Technology30.1%
Consumer Discretionary17.8%
Health Care15.6%
Financials14.2%
Communication Services9.3%
Industrials8.1%
Consumer Staples2.1%
Materials1.6%
Energy1.0%
Real Estate0.1%
Utilities0.0%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 14, 2014 to November 2, 2026	+12.4%	+13.7%	0.67	0.74	−31.0%	0.96
2018 onwardsJanuary 5, 2018 to November 2, 2026	+12.0%	+13.9%	0.56	0.66	−31.0%	0.95
Last three yearsNovember 3, 2023 to November 2, 2026	+16.3%	+21.8%	0.82	1.16	−16.4%	0.92
Last yearNovember 7, 2025 to November 2, 2026	+20.9%	+14.2%	1.11	0.84	−11.4%	1.03

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.