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 | Held Since | |
|---|---|---|---|---|---|---|---|
326
Targa Resources
TRGP
$60.6B
| $226M | 0.05% |
1,351,529
-384,347
| -22% | -$64M |
2013 Q2
49 quarters
|
|
327
Steel Dynamics
STLD
$34.5B
| $226M | 0.05% |
1,618,713
-376,580
| -19% | -$49.4M |
2013 Q2
49 quarters
|
|
328
Dollar General
DG
$29.5B
| $224M | 0.05% |
2,163,840
+59,218
| +3% | +$6.49M |
2013 Q2
49 quarters
|
|
329
Gen Digital
GEN
$14.9B
| $223M | 0.05% |
7,856,660
-1,567,421
| -17% | -$46.9M |
2013 Q2
49 quarters
|
|
330
DocuSign
DOCU
$14.5B
| $223M | 0.05% |
3,091,974
-287,965
| -9% | -$22.2M |
2018 Q4
27 quarters
|
|
331
Okta
OKTA
$36.5B
| $222M | 0.05% |
2,425,736
-37,033
| -2% | -$3.46M |
2018 Q2
29 quarters
|
|
332
PG&E
PCG
$38.9B
| $220M | 0.05% |
14,616,904
-2,567,559
| -15% | -$37.4M |
2013 Q2
49 quarters
|
|
333
General Dynamics
GD
$91.2B
| $220M | 0.05% |
646,155
-168,947
| -21% | -$53.2M |
2013 Q2
49 quarters
|
|
334
M&T Bank
MTB
$31.6B
| $219M | 0.05% |
1,108,681
-110,467
| -9% | -$21.7M |
2013 Q2
49 quarters
|
|
335
Fifth Third Bancorp
FITB
$45.7B
| $218M | 0.05% |
4,887,460
+114,938
| +2% | +$5.03M |
2013 Q2
49 quarters
|
|
336
Genuine Parts
GPC
$18.4B
| $217M | 0.05% |
1,565,618
-193,766
| -11% | -$26M |
2013 Q2
49 quarters
|
|
337
Zoom
ZM
$28.7B
| $215M | 0.05% |
2,603,981
-489,066
| -16% | -$38.2M |
2019 Q2
25 quarters
|
|
338
Regions Financial
RF
$23.3B
| $214M | 0.05% |
8,105,135
-2,344,494
| -22% | -$60.9M |
2013 Q2
49 quarters
|
|
339
Pinterest
PINS
$12.9B
| $214M | 0.05% |
6,640,972
-363,627
| -5% | -$13.2M |
2019 Q4
23 quarters
|
|
340
Northern Trust
NTRS
$30.3B
| $213M | 0.05% |
1,583,023
-415,533
| -21% | -$53.5M |
2013 Q2
49 quarters
|
|
341
MSCI
MSCI
$41.8B
| $212M | 0.05% |
372,783
-140,443
| -27% | -$79.4M |
2013 Q2
49 quarters
|
|
342
Estee Lauder
EL
$38.8B
| $211M | 0.05% |
2,398,994
-821,700
| -26% | -$73.2M |
2013 Q2
49 quarters
|
|
343
DELISTED
Kellanova
K
| $211M | 0.05% |
2,571,184
-870,184
| -25% | -$69.2M |
2013 Q2
49 quarters
|
|
344
DuPont de Nemours
DD
$17.8B
| $209M | 0.05% |
2,138,234
-252,794
| -11% | -$23.8M |
2013 Q2
49 quarters
|
|
345
CoStar Group
CSGP
$13B
| $208M | 0.05% |
2,459,610
-522,088
| -18% | -$46.1M |
2013 Q2
49 quarters
|
|
346
PTC
PTC
$21B
| $207M | 0.05% |
1,022,049
-468,534
| -31% | -$95.5M |
2013 Q2
49 quarters
|
|
347
Church & Dwight Co
CHD
$24.5B
| $207M | 0.04% |
2,361,701
-656,209
| -22% | -$61.5M |
2013 Q2
49 quarters
|
|
348
McCormick & Company Non-Voting
MKC
$12.3B
| $207M | 0.04% |
3,088,968
-545,454
| -15% | -$38.2M |
2013 Q2
49 quarters
|
|
349
Everpure Inc
P
$44.5B
| $207M | 0.04% |
2,464,217
-385,795
| -14% | -$25.7M |
2016 Q2
37 quarters
|
|
350
Fortive
FTV
$17.5B
| $203M | 0.04% |
4,142,206
-163,601
| -4% | -$8.06M |
2016 Q3
36 quarters
|
|
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.