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 |
Apple
AAPL
|
+$21.6B |
| 2 |
Amazon
AMZN
|
+$13.7B |
| 3 |
NVIDIA
NVDA
|
+$3.87B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.89B |
| 5 |
Meta Platforms (Facebook)
META
|
+$1.4B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$22.7B |
| 2 |
Equinix
EQIX
|
+$857M |
| 3 |
Digital Realty Trust
DLR
|
+$655M |
| 4 |
NetEase
NTES
|
+$618M |
| 5 |
BNY
Bank of New York Mellon
BNY
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.9% |
| 2 | Financials | 13.9% |
| 3 | Consumer Discretionary | 11.31% |
| 4 | Healthcare | 10.7% |
| 5 | Communication Services | 9.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
DoorDash
DASH
$92.2B
| $634M | 0.13% |
2,573,320
-123,754
| -5% | -$24.8M |
|
152
Fair Isaac
FICO
$22.4B
| $615M | 0.12% |
336,602
+19,822
| +6% | +$37.2M |
|
|
AMRZ
153
Amrize Ltd
AMRZ
$28.5B
| $612M | 0.12% |
+12,343,881
| New | +$623M |
|
154
Exelon
EXC
$46.5B
| $611M | 0.12% |
14,081,491
+2,189,354
| +18% | +$97.5M |
|
155
AutoZone
AZO
$50.2B
| $608M | 0.12% |
163,759
+28,156
| +21% | +$104M |
|
156
Newmont
NEM
$111B
| $607M | 0.12% |
10,422,706
+1,545,095
| +17% | +$82.5M |
|
157
Snowflake
SNOW
$110B
| $604M | 0.12% |
2,697,982
+463,725
| +21% | +$83.8M |
|
158
Constellation Energy
CEG
$94.6B
| $599M | 0.12% |
1,856,194
+201,421
| +12% | +$53.3M |
|
159
Xylem
XYL
$28.4B
| $599M | 0.12% |
4,626,850
+602,350
| +15% | +$72.9M |
|
|
AXON
160
Axon Enterprise
AXON
$43.4B
| $593M | 0.12% |
716,069
+160,379
| +29% | +$109M |
|
161
Illinois Tool Works
ITW
$85.2B
| $592M | 0.12% |
2,395,203
+322,730
| +16% | +$78M |
|
162
Emerson Electric
EMR
$87.9B
| $592M | 0.12% |
4,437,328
+350,748
| +9% | +$40.2M |
|
163
Southern Company
SO
$106B
| $591M | 0.12% |
6,440,323
+1,683,622
| +35% | +$151M |
|
164
Duke Energy
DUK
$96.1B
| $583M | 0.12% |
4,942,340
+1,309,685
| +36% | +$155M |
|
165
CSX Corp
CSX
$94.9B
| $578M | 0.12% |
17,725,728
+2,413,621
| +16% | +$72.6M |
|
166
Carrier Global
CARR
$53.7B
| $578M | 0.12% |
7,899,170
+930,876
| +13% | +$63.2M |
|
167
Cummins
CMI
$88.3B
| $575M | 0.12% |
1,756,334
+121,754
| +7% | +$37.7M |
|
168
Idexx Laboratories
IDXX
$46.4B
| $574M | 0.12% |
1,070,100
-6,329
| -0.6% | -$3.03M |
|
169
KKR & Co
KKR
$92.6B
| $573M | 0.12% |
4,307,859
+517,480
| +14% | +$60.6M |
|
170
Arthur J. Gallagher & Co
AJG
$64.2B
| $571M | 0.12% |
1,784,809
+255,243
| +17% | +$84.1M |
|
171
Allstate
ALL
$70.4B
| $570M | 0.12% |
2,832,086
+536,140
| +23% | +$107M |
|
172
Alibaba
BABA
$302B
| $566M | 0.11% |
4,989,619
-3,567,876
| -42% | -$422M |
|
173
Public Storage
PSA
$61.1B
| $565M | 0.11% |
1,925,966
+154,960
| +9% | +$45.9M |
|
174
Applovin
APP
$114B
| $562M | 0.11% |
1,604,547
+361,163
| +29% | +$117M |
|
175
Cloudflare
NET
$101B
| $557M | 0.11% |
2,842,796
-286,234
| -9% | -$41.6M |
|
Similar funds
UBS AM's Q2 2025 Portfolio in Review
As of Q2 2025, UBS AM held 2,749 positions worth $494B, up 26% from $391B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
UBS AM deployed $54.3B of net new capital in Q2 2025, opening 106 new positions and adding to 2,036 existing holdings. Its largest new stake was Amrize Ltd: 12,343,881 shares worth $612M.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Microsoft, an estimated $22.7B trimmed.
- UBS AM's largest Q2 2025 buy was Amrize Ltd: 12,343,881 shares worth $612M.
- UBS AM added most to Apple in Q2 2025, an estimated $21.6B increase.
- UBS AM's biggest Q2 2025 reduction was Microsoft, cutting an estimated $22.7B.
- UBS AM fully exited Discover Financial Services in Q2 2025, selling an estimated $356M.
- UBS AM's ten largest holdings make up 28% of its $494B portfolio in Q2 2025.
- UBS AM opened 106 new positions and closed 128 in Q2 2025.
- UBS AM's portfolio value rose 26% quarter-over-quarter to $494B.
Based on UBS AM's 13F filing for Q2 2025, filed 14 Aug 2025.