Zurcher Kantonalbank (Zurich Cantonalbank) portfolio

What changed this quarter

1667 positions with a change (50 new, 976 added to, 606 trimmed, 35 sold); also, 5 entered through an IPO, 32 exited through an acquisition or merger, 6 entered through a spin-off. 2 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Advanced Micro Devices+77%more sharesIncreased
  0.3% → 1.5%
• Microsoft−15%fewer sharesReduced
  4.3% → 3.3%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• NVIDIANVDA6.2%
• UBS GroupUBS5.3%
• AppleAAPL5.1%
• AlphabetGOOGL · GOOG4.7%
• MicrosoftMSFT3.3%
• Amazon.comAMZN2.8%
• BroadcomAVGO2.3%
• Micron TechnologyMU2.2%
• Eli LillyLLY1.5%
• Meta PlatformsMETA1.5%
• Advanced Micro DevicesAMD1.5%
• TeslaTSLA1.4%
• AmrizeAMRZ1.1%
• AlconALC1.0%
• VisaV0.9%
• JPMorgan ChaseJPM0.9%
• MastercardMA0.7%
• WalmartWMT0.7%
• Johnson & JohnsonJNJ0.7%
• AstrazenecaAZN0.7%
• Exxon MobilXOM0.6%
• WelltowerWELL0.6%
• Berkshire HathawayBRK/B0.6%
• Morgan StanleyMS0.5%
• Palo Alto NetworksPANW0.5%
• CaterpillarCAT0.5%
• GE VernovaGEV0.5%
• LindeLIN0.5%
• Logitech InternationalLOGI0.5%
• AbbVieABBV0.5%
• Applied MaterialsAMAT0.4%
• Bank of New York MellonBNY0.4%
• Vertiv HoldingsVRT0.4%
• Cisco SystemsCSCO0.4%
• GE AerospaceGE0.4%
• AmphenolAPH0.4%
• IntelINTC0.4%
• Lam ResearchLRCX0.4%
• CVS HealthCVS0.4%
• Costco WholesaleCOST0.4%
• Canadian Imperial Bank of CommerceCM0.4%
• Quanta ServicesPWR0.4%
• Arista NetworksANET0.4%
• Coca-ColaKO0.4%
• Goldman Sachs GroupGS0.4%
• MerckMRK0.4%
• Vertex PharmaceuticalsVRTX0.4%
• Home DepotHD0.3%
• FortinetFTNT0.3%
• OracleORCL0.3%
• CitigroupC0.3%
• Comfort Systems USAFIX0.3%
• Procter & GamblePG0.3%
• Trane TechnologiesTT0.3%
• Western DigitalWDC0.3%
• TJXTJX0.3%
• AdobeADBE0.3%
• International Business MachinesIBM0.3%
• Verizon CommunicationsVZ0.3%
• CorningGLW0.3%
• Carpenter TechnologyCRS0.3%
• Royal Bank of CanadaRY0.3%
• American ExpressAXP0.3%
• Gilead SciencesGILD0.3%
• TotalEnergiesTTE0.3%
• PrologisPLD0.3%
• McDONALD’SMCD0.2%
• NetflixNFLX0.2%
• Thermo Fisher ScientificTMO0.2%
• EcolabECL0.2%
• KLAKLAC0.2%
• SandiskSNDK0.2%
• Bank of AmericaBAC0.2%
• Wells FargoWFC0.2%
• PepsicoPEP0.2%
• UnitedHealth GroupUNH0.2%
• BiogenBIIB0.2%
• ServiceNowNOW0.2%
• ChevronCVX0.2%
• UBER TechnologiesUBER0.2%
• AmgenAMGN0.2%
• EatonETN0.2%
• Marvell TechnologyMRVL0.2%
• Jazz PharmaceuticalsJAZZ0.2%
• EquinixEQIX0.2%
• MedtronicMDT0.2%
• Toronto Dominion BankTD0.2%
• East West BancorpEWBC0.2%
• ChubbCB0.2%
• NewmontNEM0.2%
• At&tT0.2%
• Taiwan Semiconductor ManufacturingTSM0.2%
• SalesforceCRM0.2%
• CumminsCMI0.2%
• Palantir TechnologiesPLTR0.2%
• Analog DevicesADI0.2%
• Capital One FinancialCOF0.2%
• PfizerPFE0.2%
• Texas InstrumentsTXN0.2%