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 | |
|---|---|---|---|---|---|---|
|
ARI
2251
Apollo Commercial Real Estate
ARI
$877M
| $13.5K | ﹤0.01% |
1,330
-582,224
| -100% | -$5.93M |
|
2252
Rexford Industrial Realty
REXR
$8.05B
| $12.1K | ﹤0.01% |
295
-2,395,658
| -100% | -$93.8M |
|
2253
White Mountains Insurance
WTM
$5.1B
| $11.7K | ﹤0.01% |
7
-12,269
| -100% | -$21.9M |
|
2254
Vornado Realty Trust
VNO
$7.23B
| $10.8K | ﹤0.01% |
267
-1,419,446
| -100% | -$55.3M |
|
2255
Starwood Property Trust
STWD
$6.06B
| $10.3K | ﹤0.01% |
534
-1,424,284
| -100% | -$28.7M |
|
2256
Rayonier
RYN
$6.48B
| $9.53K | ﹤0.01% |
377
-784,417
| -100% | -$18.8M |
|
|
SMC
2257
Summit Midstream
SMC
$433M
| $9.35K | ﹤0.01% |
+455
| New | +$10.6K |
|
2258
Kite Realty
KRG
$5.28B
| $9.19K | ﹤0.01% |
412
-236,979
| -100% | -$5.29M |
|
2259
STAG Industrial
STAG
$7.06B
| $8.93K | ﹤0.01% |
253
-268,292
| -100% | -$9.57M |
|
2260
Brixmor Property Group
BRX
$9.12B
| $8.86K | ﹤0.01% |
320
-438,811
| -100% | -$11.7M |
|
2261
SL Green Realty
SLG
$3.93B
| $8.55K | ﹤0.01% |
143
-645,237
| -100% | -$38.2M |
|
|
MPT
2262
Medical Properties Trust
MPT
$2.46B
| $8.46K | ﹤0.01% |
1,668
-592,937
| -100% | -$2.61M |
|
2263
Terreno Realty
TRNO
$7.41B
| $8.46K | ﹤0.01% |
149
-808,646
| -100% | -$45.9M |
|
2264
Inhibrx
INBX
$1.31B
| $3.71K | ﹤0.01% |
+110
| New | +$2.71K |
|
2265
Kornit Digital
KRNT
$778M
| $3.06K | ﹤0.01% |
227
-175,861
| -100% | -$2.99M |
|
2266
StepStone Group
STEP
$3.8B
| $2.48K | ﹤0.01% |
38
-192,264
| -100% | -$11.7M |
|
|
DENN
2267
DELISTED
Denny's
DENN
| $1.61K | ﹤0.01% |
+308
| New | +$1.37K |
|
2268
Entrada Therapeutics
TRDA
$281M
| $644 | ﹤0.01% |
+111
| New | +$649 |
|
2269
Critical Metals Corp
CRML
$1.03B
| $498 | ﹤0.01% |
+80
| New | +$410 |
|
|
BNAIW
2270
Brand Engagement Network Warrant
BNAIW
$1.97M
| $400 | ﹤0.01% |
26,666
| – | – |
|
|
AAT
2271
American Assets Trust
AAT
$1.38B
| – | – |
-81,181
| Closed | -$1.6M |
|
2272
AbCellera Biologics
ABCL
$2.83B
| – | – |
-8,471,619
| Closed | -$29.1M |
|
2273
Ambev
ABEV
$45.7B
| – | – |
-376,100
| Closed | -$906K |
|
2274
Arbor Realty Trust
ABR
$979M
| – | – |
-151,239
| Closed | -$1.62M |
|
2275
Absci
ABSI
$1.55B
| – | – |
-32,750
| Closed | -$84.2K |
|
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.