# Zurcher Kantonalbank (Zurich Cantonalbank)

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1368163. Source: https://holderbook.com/funds/1368163-zurcher-kantonalbank-zurich-cantonalbank/

- Reported value: $52.2B
- Positions: 2,551
- Weight of the ten largest: 33.2%
- Filed: 2026-08-12

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/) | $3.2B | 16,044,554 | 6.2% | 31 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $2.7B | 55,233,032 | 5.3% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.7B | 9,266,512 | 5.1% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.7B | 4,544,428 | 3.2% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.5B | 4,331,226 | 3.0% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.4B | 6,042,876 | 2.8% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.2B | 3,112,751 | 2.3% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.1B | 986,674 | 2.2% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $923.6M | 2,613,889 | 1.8% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $792.9M | 661,071 | 1.5% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $780.5M | 1,385,577 | 1.5% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $764.7M | 1,316,311 | 1.5% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $724.7M | 1,723,115 | 1.4% | 31 |
| AMRIZE LTD | [AMRZ](https://holderbook.com/stocks/AMRZ/) | $575.9M | 10,847,973 | 1.1% | 5 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $535.8M | 7,915,741 | 1.0% | 29 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $458.5M | 1,336,266 | 0.9% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $448.7M | 1,370,883 | 0.9% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $386.1M | 751,833 | 0.7% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $372.4M | 3,287,864 | 0.7% | 20 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $359.4M | 1,415,198 | 0.7% | 31 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $351.6M | 1,878,727 | 0.7% | 2 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $336.2M | 2,458,854 | 0.6% | 31 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $305.4M | 1,345,712 | 0.6% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $295.1M | 589,802 | 0.6% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $277.7M | 1,328,385 | 0.5% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $276.1M | 809,489 | 0.5% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $260.6M | 244,746 | 0.5% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $260.4M | 221,672 | 0.5% | 9 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $257.6M | 496,431 | 0.5% | 14 |
| LOGITECH INTL S A | [LOGI](https://holderbook.com/stocks/LOGI/) | $241.8M | 2,575,571 | 0.5% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $237.8M | 945,063 | 0.5% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $234.3M | 324,124 | 0.4% | 31 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $223.8M | 1,547,788 | 0.4% | 31 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $222.9M | 665,850 | 0.4% | 25 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $219.2M | 1,865,880 | 0.4% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $217.5M | 582,031 | 0.4% | 17 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $217.4M | 1,233,162 | 0.4% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $217.0M | 1,554,289 | 0.4% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $212.7M | 490,926 | 0.4% | 7 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $205.3M | 1,984,475 | 0.4% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $204.9M | 219,017 | 0.4% | 31 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $199.5M | 1,732,752 | 0.4% | 31 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $199.0M | 276,437 | 0.4% | 31 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $197.5M | 1,162,327 | 0.4% | 7 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $194.5M | 2,393,017 | 0.4% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $190.7M | 188,563 | 0.4% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $190.5M | 1,482,295 | 0.4% | 31 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $189.1M | 380,762 | 0.4% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $180.5M | 511,722 | 0.3% | 31 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $178.3M | 1,160,377 | 0.3% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $175.8M | 1,199,689 | 0.3% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $174.3M | 1,245,521 | 0.3% | 31 |
| COMFORT SYS USA INC | [FIX](https://holderbook.com/stocks/FIX/) | $172.2M | 86,899 | 0.3% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $170.4M | 1,162,012 | 0.3% | 31 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $167.6M | 341,282 | 0.3% | 26 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $157.3M | 246,285 | 0.3% | 20 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $157.2M | 1,037,947 | 0.3% | 31 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $152.8M | 745,361 | 0.3% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $151.6M | 539,161 | 0.3% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $146.2M | 3,452,778 | 0.3% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $146.2M | 572,281 | 0.3% | 31 |
| CARPENTER TECHNOLOGY CORP | [CRS](https://holderbook.com/stocks/CRS/) | $145.6M | 236,016 | 0.3% | 31 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $141.7M | 684,623 | 0.3% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $140.7M | 416,077 | 0.3% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $139.9M | 1,107,162 | 0.3% | 31 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $139.4M | 1,792,732 | 0.3% | 3 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $133.4M | 984,415 | 0.3% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $130.2M | 481,667 | 0.2% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $128.4M | 1,798,923 | 0.2% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $126.7M | 252,737 | 0.2% | 31 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $125.7M | 451,197 | 0.2% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $125.6M | 416,292 | 0.2% | 31 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $123.2M | 54,202 | 0.2% | 6 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $122.0M | 2,140,307 | 0.2% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $121.3M | 1,467,562 | 0.2% | 20 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $119.6M | 883,175 | 0.2% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $117.0M | 281,381 | 0.2% | 31 |
| BIOGEN INC | [BIIB](https://holderbook.com/stocks/BIIB/) | $116.7M | 540,001 | 0.2% | 31 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $116.4M | 1,172,899 | 0.2% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $115.8M | 698,709 | 0.2% | 31 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $109.5M | 1,517,222 | 0.2% | 29 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $106.3M | 293,442 | 0.2% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $105.6M | 247,809 | 0.2% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $104.0M | 349,077 | 0.2% | 17 |
| JAZZ PHARMACEUTICALS PLC | [JAZZ](https://holderbook.com/stocks/JAZZ/) | $103.9M | 431,148 | 0.2% | 31 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $102.4M | 98,237 | 0.2% | 31 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $100.2M | 1,280,714 | 0.2% | 31 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $98.2M | 807,758 | 0.2% | 31 |
| EAST WEST BANCORP INC | [EWBC](https://holderbook.com/stocks/EWBC/) | $96.7M | 749,354 | 0.2% | 31 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $96.3M | 282,492 | 0.2% | 31 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $96.1M | 1,029,006 | 0.2% | 31 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $95.7M | 4,624,442 | 0.2% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $95.7M | 200,306 | 0.2% | 31 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $94.0M | 600,185 | 0.2% | 31 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $92.7M | 129,974 | 0.2% | 31 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $92.6M | 793,825 | 0.2% | 23 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $90.9M | 228,980 | 0.2% | 31 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $90.6M | 451,670 | 0.2% | 31 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $88.8M | 3,686,223 | 0.2% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $88.3M | 296,126 | 0.2% | 31 |

## 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 | +14.7% | +14.8% | -0.1% | 100% |
| Q1 2026 | -4.8% | -4.6% | -0.1% | 100% |
| Q4 2025 | +2.9% | +2.4% | +0.5% | 100% |
| Q3 2025 | +8.2% | +7.8% | +0.4% | 100% |
| Q2 2025 | +10.5% | +10.5% | +0.1% | 100% |
| Q1 2025 | -4.4% | -4.6% | +0.2% | 100% |
| Q4 2024 | +0.6% | +2.1% | -1.6% | 100% |
| Q3 2024 | +5.5% | +5.4% | +0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $52.2B | 2,551 |
| Q1 2026 | $46.0B | 2,543 |
| Q4 2025 | $46.3B | 2,535 |
| Q3 2025 | $43.5B | 2,548 |
| Q2 2025 | $40.9B | 2,560 |
| Q1 2025 | $34.8B | 2,625 |
| Q4 2024 | $35.1B | 2,645 |
| Q3 2024 | $33.6B | 2,648 |
| Q2 2024 | $30.7B | 2,639 |
| Q1 2024 | $28.5B | 2,706 |
| Q4 2023 | $26.1B | 2,725 |
| Q3 2023 | $22.7B | 2,787 |