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 | |
|---|---|---|---|---|---|---|
|
PRO
1751
DELISTED
PROS Holdings
PRO
| $1.99M | ﹤0.01% |
86,888
-76,842
| -47% | -$1.25M |
|
1752
Enbridge
ENB
$113B
| $1.98M | ﹤0.01% |
39,313
-2,668,928
| -99% | -$126M |
|
1753
Neogen
NEOG
$2.52B
| $1.98M | ﹤0.01% |
347,263
-344,390
| -50% | -$1.84M |
|
1754
Triumph Financial Inc
TFIN
$1.83B
| $1.98M | ﹤0.01% |
39,589
-29,964
| -43% | -$1.77M |
|
1755
Barrett Business Services
BBSI
$759M
| $1.98M | ﹤0.01% |
44,690
-37,750
| -46% | -$1.73M |
|
|
EFC
1756
Ellington Financial
EFC
$1.74B
| $1.98M | ﹤0.01% |
152,540
-134,398
| -47% | -$1.79M |
|
1757
Innoviva
INVA
$1.49B
| $1.98M | ﹤0.01% |
108,270
-104,234
| -49% | -$2.03M |
|
|
DRD
1758
DRDGold
DRD
$2.06B
| $1.97M | ﹤0.01% |
+71,449
| New | +$1.28M |
|
1759
Gentherm
THRM
$1.27B
| $1.97M | ﹤0.01% |
57,787
-37,317
| -39% | -$1.26M |
|
1760
Pacira BioSciences
PCRX
$972M
| $1.97M | ﹤0.01% |
76,297
-65,839
| -46% | -$1.62M |
|
1761
American Express Global Business Travel
GBTG
$4.94B
| $1.96M | ﹤0.01% |
242,823
-138,731
| -36% | -$1.03M |
|
1762
Navient
NAVI
$806M
| $1.96M | ﹤0.01% |
148,781
-109,587
| -42% | -$1.49M |
|
1763
Willdan Group
WLDN
$1.28B
| $1.95M | ﹤0.01% |
20,200
+9,221
| +84% | +$873K |
|
1764
Xencor
XNCR
$1.64B
| $1.95M | ﹤0.01% |
166,142
-43,233
| -21% | -$375K |
|
1765
Liberty Media Series A
FWONA
$23.6B
| $1.94M | ﹤0.01% |
20,368
| – | – |
|
1766
Bank of Montreal
BMO
$127B
| $1.93M | ﹤0.01% |
14,840
-1,001,257
| -99% | -$119M |
|
1767
Fox Factory Holding Corp
FOXF
$910M
| $1.93M | ﹤0.01% |
79,570
-42,285
| -35% | -$1.19M |
|
1768
Cars.com
CARS
$623M
| $1.93M | ﹤0.01% |
157,825
+79,515
| +102% | +$1.02M |
|
1769
Harmony Biosciences
HRMY
$2.29B
| $1.93M | ﹤0.01% |
69,870
-61,254
| -47% | -$2.11M |
|
|
NNE
1770
Nano Nuclear Energy
NNE
$1.04B
| $1.92M | ﹤0.01% |
49,881
-28,543
| -36% | -$1.01M |
|
1771
CVR Energy
CVI
$3.4B
| $1.92M | ﹤0.01% |
52,625
-44,635
| -46% | -$1.34M |
|
1772
Manulife Financial
MFC
$72.9B
| $1.92M | ﹤0.01% |
61,608
-2,238,982
| -97% | -$69M |
|
|
AMRZ
1773
Amrize Ltd
AMRZ
$26.4B
| $1.92M | ﹤0.01% |
39,543
-12,304,338
| -100% | -$627M |
|
1774
AdaptHealth
AHCO
$755M
| $1.92M | ﹤0.01% |
214,319
-147,244
| -41% | -$1.36M |
|
1775
Marcus & Millichap
MMI
$1.17B
| $1.91M | ﹤0.01% |
64,952
-40,082
| -38% | -$1.26M |
|
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.