# Bank Pictet & Cie (Europe) AG

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1123274. Source: https://holderbook.com/funds/1123274-bank-pictet-cie-europe-ag/

- Reported value: $5.1B
- Positions: 204
- Weight of the ten largest: 48.9%
- Filed: 2026-07-24

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $456.6M | 2,280,977 | 8.9% | 25 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $425.8M | 1,191,380 | 8.3% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $407.5M | 1,707,319 | 8.0% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $321.0M | 862,964 | 6.3% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $206.2M | 600,932 | 4.0% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $151.3M | 522,805 | 3.0% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $137.7M | 237,061 | 2.7% | 21 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $136.8M | 146,254 | 2.7% | 26 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $133.7M | 353,809 | 2.6% | 14 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $127.5M | 266,874 | 2.5% | 25 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $112.8M | 200,252 | 2.2% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $99.3M | 393,597 | 1.9% | 22 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $97.9M | 188,602 | 1.9% | 14 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $96.3M | 1,231,249 | 1.9% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $92.6M | 262,046 | 1.8% | 31 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $87.5M | 514,184 | 1.7% | 31 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $84.1M | 1,809,087 | 1.6% | 15 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $80.5M | 193,604 | 1.6% | 31 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $76.9M | 193,424 | 1.5% | 28 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $67.8M | 356,096 | 1.3% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $66.6M | 89 | 1.3% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $66.3M | 155,633 | 1.3% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $66.2M | 202,264 | 1.3% | 29 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $61.1M | 337,724 | 1.2% | 6 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $57.1M | 691,389 | 1.1% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $53.9M | 44,977 | 1.1% | 23 |
| RANGE RES CORP | [RRC](https://holderbook.com/stocks/RRC/) | $53.1M | 1,427,357 | 1.0% | 4 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $52.4M | 569,069 | 1.0% | 9 |
| OWENS CORNING NEW | [OC](https://holderbook.com/stocks/OC/) | $49.6M | 312,173 | 1.0% | 7 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $46.9M | 89,000 | 0.9% | 26 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $46.1M | 146,359 | 0.9% | 22 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $39.3M | 115,327 | 0.8% | 23 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $37.9M | 32,801 | 0.7% | 24 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $36.2M | 230,831 | 0.7% | 30 |
| PARAMOUNT SKYDANCE CORP | [PSKY](https://holderbook.com/stocks/PSKY/) | $34.8M | 3,527,388 | 0.7% | 4 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $33.9M | 156,470 | 0.7% | 7 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $30.6M | 717,973 | 0.6% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $29.9M | 232,596 | 0.6% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $26.5M | 97,996 | 0.5% | 31 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $25.7M | 757,327 | 0.5% | 21 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $25.4M | 445,908 | 0.5% | 31 |
| NOVAGOLD RESOURCES INC | [NG](https://holderbook.com/stocks/NG/) | $24.9M | 4,166,232 | 0.5% | 16 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $24.5M | 341,560 | 0.5% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $23.8M | 79,769 | 0.5% | 31 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $23.7M | 328,642 | 0.5% | 7 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $23.4M | 45,598 | 0.5% | 31 |
| AURORA INNOVATION INC | [AUR](https://holderbook.com/stocks/AUR/) | $23.2M | 3,400,000 | 0.5% | 4 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $21.0M | 78,368 | 0.4% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $20.7M | 28,221 | 0.4% | 31 |
| CARVANA CO | [CVNA](https://holderbook.com/stocks/CVNA/) | $20.5M | 312,092 | 0.4% | 2 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $19.2M | 193,657 | 0.4% | 10 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $18.9M | 19,332 | 0.4% | 14 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $18.8M | 112,664 | 0.4% | 7 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $17.7M | 140,228 | 0.3% | 5 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $17.5M | 47,814 | 0.3% | 31 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $16.0M | 35,374 | 0.3% | 31 |
| MEDLINE INC | [MDLN](https://holderbook.com/stocks/MDLN/) | $15.7M | 397,033 | 0.3% | 2 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $14.8M | 66,190 | 0.3% | 10 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $14.5M | 81,625 | 0.3% | 31 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $14.3M | 62,947 | 0.3% | 31 |
| ISHARES TR | [IEO](https://holderbook.com/stocks/IEO/) | $13.4M | 122,139 | 0.3% | 2 |
| SPDR SERIES TRUST | [XOP](https://holderbook.com/stocks/XOP/) | $13.4M | 86,875 | 0.3% | 2 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $13.1M | 80,222 | 0.3% | 9 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $12.8M | 17,068 | 0.2% | 31 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $12.3M | 55,809 | 0.2% | 24 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $12.0M | 207,292 | 0.2% | 31 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $11.9M | 7,018 | 0.2% | 7 |
| COUPANG INC | [CPNG](https://holderbook.com/stocks/CPNG/) | $11.6M | 667,974 | 0.2% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $11.5M | 23,041 | 0.2% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $11.4M | 22,823 | 0.2% | 31 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $11.4M | 20,365 | 0.2% | 4 |
| DEXCOM INC | [DXCM](https://holderbook.com/stocks/DXCM/) | $10.8M | 160,825 | 0.2% | 23 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $10.2M | 162,779 | 0.2% | 11 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $9.6M | 83,978 | 0.2% | 2 |
| SEA LTD | [SE](https://holderbook.com/stocks/SE/) | $9.2M | 96,131 | 0.2% | 9 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $8.9M | 124,189 | 0.2% | 16 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $8.8M | 11,757 | 0.2% | 31 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $8.8M | 71,551 | 0.2% | 22 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $7.8M | 38,219 | 0.2% | 31 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $7.7M | 320,378 | 0.2% | 2 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $7.5M | 33,367 | 0.1% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $7.1M | 52,657 | 0.1% | 31 |
| EVERPURE INC | [P](https://holderbook.com/stocks/P/) | $6.7M | 85,408 | 0.1% | 15 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $5.9M | 14,449 | 0.1% | 12 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $5.8M | 26,367 | 0.1% | 1 |
| ASE TECHNOLOGY HLDG CO LTD | [ASX](https://holderbook.com/stocks/ASX/) | $5.0M | 110,864 | 0.1% | 6 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $4.9M | 70,396 | 0.1% | 7 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $4.5M | 74,068 | 0.1% | 5 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $4.4M | 29,678 | 0.1% | 31 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $4.3M | 22,759 | 0.1% | 2 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $4.1M | 16,150 | 0.1% | 23 |
| TECHNIPFMC PLC | [FTI](https://holderbook.com/stocks/FTI/) | $4.1M | 61,255 | 0.1% | 2 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $4.0M | 3,994 | 0.1% | 7 |
| NVENT ELEC PLC | [NVT](https://holderbook.com/stocks/NVT/) | $3.9M | 23,052 | 0.1% | 9 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $3.8M | 89,404 | 0.1% | 5 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $3.8M | 23,871 | 0.1% | 3 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $3.6M | 39,341 | 0.1% | 1 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $3.1M | 16,280 | 0.1% | 10 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $3.0M | 61,209 | 0.1% | 10 |
| SMURFIT WESTROCK PLC | [SW](https://holderbook.com/stocks/SW/) | $3.0M | 63,964 | 0.1% | 8 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +10.2% | +14.8% | -4.7% | 100% |
| Q1 2026 | -6.9% | -4.6% | -2.3% | 100% |
| Q4 2025 | +3.0% | +2.4% | +0.7% | 100% |
| Q3 2025 | +5.8% | +7.8% | -2.0% | 100% |
| Q2 2025 | +10.3% | +10.5% | -0.2% | 100% |
| Q1 2025 | -5.7% | -4.6% | -1.2% | 100% |
| Q4 2024 | +1.4% | +2.1% | -0.7% | 100% |
| Q3 2024 | +2.1% | +5.4% | -3.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $5.1B | 204 |
| Q1 2026 | $4.7B | 202 |
| Q4 2025 | $5.0B | 194 |
| Q3 2025 | $5.0B | 195 |
| Q2 2025 | $4.7B | 197 |
| Q1 2025 | $4.2B | 186 |
| Q4 2024 | $4.6B | 166 |
| Q3 2024 | $4.2B | 153 |
| Q2 2024 | $4.1B | 154 |
| Q1 2024 | $3.8B | 168 |
| Q4 2023 | $3.4B | 271 |
| Q3 2023 | $2.9B | 268 |