Banque Pictet & CIE portfolio

What changed this quarter

270 positions with a change (52 new, 76 added to, 112 trimmed, 30 sold). 3 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Texas Instruments−44%fewer sharesReduced
  4.6% → 2.3%
• Vanguard S&P 500 ETF+1.6 ppof portfolioNew
  — → 1.6%
• Moderna−20%fewer sharesReduced
  1.9% → 4.0%

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

• Amazon.comAMZN10.0%
• AlphabetGOOG · GOOGL9.8%
• MicrosoftMSFT9.5%
• MastercardMA4.8%
• ModernaMRNA4.0%
• NVIDIANVDA3.6%
• Meta PlatformsMETA2.7%
• Waste ManagementWM2.5%
• MedlineMDLN2.5%
• McDONALD’SMCD2.3%
• Texas InstrumentsTXN2.3%
• MSCIMSCI2.0%
• AppleAAPL1.7%
• Vanguard S&P 500 ETFVOO1.6%
• Advanced Micro DevicesAMD1.5%
• Taiwan Semiconductor ManufacturingTSM1.5%
• BroadcomAVGO1.4%
• VisaV1.2%
• ZoetisZTS1.2%
• State Str Spdr S&P 500 ETF TSPY1.2%
• TotalEnergiesTTE1.2%
• Invesco QQQ Trust Series 1 ETFQQQ1.1%
• AbbVieABBV1.0%
• Philip Morris InternationalPM0.9%
• Wells FargoWFC0.9%
• UBS GroupUBS0.8%
• SalesforceCRM0.8%
• Micron TechnologyMU0.7%
• LindeLIN0.7%
• Eli LillyLLY0.7%
• 2023 ETF Series TrustPQUS0.7%
• EatonETN0.6%
• MerckMRK0.6%
• UnitedHealth GroupUNH0.6%
• AstrazenecaAZN0.6%
• Parker-hannifinPH0.5%
• DeereDE0.5%
• StrykerSYK0.5%
• O Reilly AutomotiveORLY0.5%
• UBER TechnologiesUBER0.4%
• Johnson & JohnsonJNJ0.4%
• NetflixNFLX0.4%
• Lam ResearchLRCX0.4%
• Bank of AmericaBAC0.4%
• AlconALC0.3%
• WorkdayWDAY0.3%
• MercadoLibreMELI0.3%
• DanaherDHR0.3%
• EverpureP0.3%
• AdobeADBE0.3%
• Moody'sMCO0.3%
• SLBSLB0.3%
• AmphenolAPH0.3%
• Gilead SciencesGILD0.3%
• Targa ResourcesTRGP0.3%
• SeaSE0.3%
• Generate BiomedicinesGENB0.3%
• ChevronCVX0.3%
• Booking HoldingsBKNG0.3%
• Abbott LaboratoriesABT0.3%
• Applied MaterialsAMAT0.3%
• Union PacificUNP0.3%
• TJXTJX0.2%
• PepsicoPEP0.2%
• Coca-ColaKO0.2%
• Wise GroupWSE0.2%
• D.R. HortonDHI0.2%
• GFL EnvironmentalGFL0.2%
• SOPHiA GENETICSSOPH0.2%
• Tradeweb MarketsTW0.2%
• NewmontNEM0.2%
• Marsh & Mclennan CompaniesMRSH0.2%
• Boston ScientificBSX0.2%
• HumanaHUM0.2%
• Freeport-McMoRanFCX0.2%
• Expedia GroupEXPE0.2%
• Rockwell AutomationROK0.2%
• AirbnbABNB0.1%
• iShares Msci Emerging Market ETFEEM0.1%
• CME GroupCME0.1%
• Morgan StanleyMS0.1%
• BiogenBIIB0.1%
• Dollar GeneralDG0.1%
• Procter & GamblePG0.1%
• Intuitive SurgicalISRG0.1%
• Charles SchwabSCHW0.1%
• International Business MachinesIBM0.1%
• JPMorgan ChaseJPM0.1%
• RollinsROL0.1%
• Owens CorningOC0.1%
• IsharesEWT0.1%
• QualcommQCOM0.1%
• Thermo Fisher ScientificTMO0.1%
• AflacAFL0.1%
• Zoom CommunicationsZM0.1%
• Packaging Corp of AmericaPKG0.1%
• Ameriprise FinancialAMP0.1%
• Elevance HealthELV0.1%
• VerisignVRSN0.1%