UBS AM Portfolio holdings
UBS Asset Management (UBS AM), a division of UBS Group AG with origins tied to the bank’s founding in 1862, is headquartered in Zurich, Switzerland, and manages hundreds of billions in assets for institutional, intermediary, and wealth management clients globally. Specializing in a broad range of investment strategies—including equities, fixed income, multi-asset, alternatives, and sustainable investing—UBS AM leverages the firm’s extensive research capabilities and global network to deliver tailored solutions. Known for its focus on risk management and innovation, it offers products like ETFs, index funds, and private market investments, catering to diverse needs from pension funds to high-net-worth individuals. As part of UBS’s broader ecosystem, UBS AM combines Swiss precision with a commitment to ESG principles, solidifying its position as a leader in the asset management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$25.3B |
| 2 |
Bank of America
BAC
|
+$1.96B |
| 3 |
Applied Materials
AMAT
|
+$1.43B |
| 4 |
NetEase
NTES
|
+$1.18B |
| 5 |
Union Pacific
UNP
|
+$870M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$7.17B |
| 2 |
Apple
AAPL
|
+$3.39B |
| 3 |
UBS Group
UBS
|
+$2.73B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$2.53B |
| 5 |
Meta Platforms (Facebook)
META
|
+$2.04B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.88% |
| 2 | Financials | 12.37% |
| 3 | Consumer Discretionary | 10.53% |
| 4 | Healthcare | 9.66% |
| 5 | Communication Services | 9.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MRUS
2476
DELISTED
Merus
MRUS
| – | – |
-224,475
| Closed | -$11.8M |
|
2477
ArcelorMittal
MT
$55.3B
| – | – |
-9,030
| Closed | -$285K |
|
2478
NewAmsterdam Pharma
NAMS
$3.34B
| – | – |
-320,804
| Closed | -$5.81M |
|
2479
NovaGold Resources
NG
$3.33B
| – | – |
-224,965
| Closed | -$920K |
|
|
NGD
2480
DELISTED
New Gold Inc
NGD
| – | – |
-957,649
| Closed | -$4.74M |
|
2481
New Mountain Finance
NMFC
$732M
| – | – |
-1,306
| Closed | -$13.8K |
|
|
NOA
2482
North American Construction
NOA
$395M
| – | – |
-20,504
| Closed | -$328K |
|
2483
Nutrien
NTR
$30.7B
| – | – |
-752,322
| Closed | -$43.8M |
|
|
NTZ
2484
Natuzzi
NTZ
$14.5M
| – | – |
-370,000
| Closed | -$1.2M |
|
|
NUTX
2485
Nutex Health
NUTX
$1.11B
| – | – |
-4,833
| Closed | -$602K |
|
|
NVEE
2486
DELISTED
NV5 Global
NVEE
| – | – |
-162,161
| Closed | -$3.74M |
|
|
NVMI
2487
Nova
NVMI
$12.5B
| – | – |
-27,171
| Closed | -$7.48M |
|
2488
NexGen Energy
NXE
$6.99B
| – | – |
-677,541
| Closed | -$4.7M |
|
|
NYAX
2489
Nayax
NYAX
$2.58B
| – | – |
-9,039
| Closed | -$454K |
|
2490
ODDITY Tech
ODD
$651M
| – | – |
-114,011
| Closed | -$8.6M |
|
2491
Orion
OEC
$409M
| – | – |
-172,487
| Closed | -$1.81M |
|
2492
OFG Bancorp
OFG
$2.21B
| – | – |
-38,792
| Closed | -$1.66M |
|
2493
Orthofix Medical
OFIX
$419M
| – | – |
-144,226
| Closed | -$1.61M |
|
2494
Omega Healthcare
OHI
$14.7B
| – | – |
-2,785,809
| Closed | -$102M |
|
|
OLO
2495
DELISTED
Olo Inc
OLO
| – | – |
-311,408
| Closed | -$2.77M |
|
|
OLP
2496
One Liberty Properties
OLP
$527M
| – | – |
-40,057
| Closed | -$956K |
|
2497
On Holding
ONON
$12.5B
| – | – |
-233,898
| Closed | -$12.2M |
|
2498
OR Royalties Inc
OR
$6.2B
| – | – |
-210,597
| Closed | -$5.41M |
|
|
ORC
2499
Orchid Island Capital
ORC
$1.31B
| – | – |
-256,395
| Closed | -$1.8M |
|
|
ORLA
2500
DELISTED
Orla Mining
ORLA
| – | – |
-159,729
| Closed | -$1.6M |
|
Similar funds
UBS AM's Q3 2025 Portfolio in Review
As of Q3 2025, UBS AM held 2,672 positions worth $461B, down 6.8% from $494B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
UBS AM withdrew a net $68.7B in Q3 2025, closing 403 positions and reducing 2,008 holdings. Its most notable exit was Pinduoduo, an estimated $967M position sold in full.
By sector, the portfolio is most concentrated in Technology at 38% of assets, up from 32% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, UBS AM opened a new position in Vanguard Dividend Appreciation ETF worth $135M.
- UBS AM's largest Q3 2025 buy was Vanguard Dividend Appreciation ETF: 624,303 shares worth $135M.
- UBS AM added most to Microsoft in Q3 2025, an estimated $25.3B increase.
- UBS AM's biggest Q3 2025 reduction was NVIDIA, cutting an estimated $7.17B.
- UBS AM fully exited Pinduoduo in Q3 2025, selling an estimated $967M.
- UBS AM's ten largest holdings make up 35% of its $461B portfolio in Q3 2025.
- UBS AM opened 67 new positions and closed 403 in Q3 2025.
- UBS AM's portfolio value fell 6.8% quarter-over-quarter to $461B.
Based on UBS AM's 13F filing for Q3 2025, filed 14 Nov 2025.