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 | Held Since | |
|---|---|---|---|---|---|---|---|
351
Dollar General
DG
$28.1B
| $241M | 0.05% |
2,104,622
+783,446
| +59% | +$77.8M |
2013 Q2
48 quarters
|
|
352
CoStar Group
CSGP
$12B
| $240M | 0.05% |
2,981,698
+430,612
| +17% | +$33.5M |
2013 Q2
48 quarters
|
|
353
Ares Management
ARES
$26.7B
| $240M | 0.05% |
1,384,060
+175,768
| +15% | +$27.8M |
2018 Q4
26 quarters
|
|
354
PG&E
PCG
$39.4B
| $240M | 0.05% |
17,184,463
-188,841
| -1% | -$3.07M |
2013 Q2
48 quarters
|
|
355
First Citizens BancShares
FCNCA
$23.4B
| $238M | 0.05% |
121,549
-34
| -0% | -$61.7K |
2013 Q3
47 quarters
|
|
356
General Dynamics
GD
$89.6B
| $238M | 0.05% |
815,102
+128,195
| +19% | +$35.3M |
2013 Q2
48 quarters
|
|
357
M&T Bank
MTB
$31.4B
| $237M | 0.05% |
1,219,148
+172,700
| +17% | +$30.5M |
2013 Q2
48 quarters
|
|
358
Monolithic Power Systems
MPWR
$68.1B
| $236M | 0.05% |
323,293
+29,202
| +10% | +$18.6M |
2013 Q2
48 quarters
|
|
359
VeriSign
VRSN
$27.5B
| $235M | 0.05% |
814,000
+111,425
| +16% | +$30.2M |
2013 Q2
48 quarters
|
|
360
HEICO Corp
HEI
$41.7B
| $235M | 0.05% |
715,159
-233,765
| -25% | -$64.7M |
2013 Q3
47 quarters
|
|
361
Atmos Energy
ATO
$27.3B
| $234M | 0.05% |
1,521,083
+203,583
| +15% | +$31.6M |
2013 Q2
48 quarters
|
|
|
XYZ
362
Block Inc
XYZ
$46.4B
| $233M | 0.05% |
3,436,502
+584,163
| +20% | +$34M |
2016 Q2
36 quarters
|
|
363
Applied Materials
AMAT
$402B
| $233M | 0.05% |
1,272,907
+42,650
| +3% | +$6.76M |
2013 Q2
48 quarters
|
|
364
Invitation Homes
INVH
$15.8B
| $232M | 0.05% |
7,080,853
+928,345
| +15% | +$31.2M |
2017 Q1
33 quarters
|
|
365
Carvana
CVNA
$45.9B
| $231M | 0.05% |
3,427,365
+779,385
| +29% | +$42.7M |
2018 Q4
26 quarters
|
|
366
Hershey
HSY
$32.7B
| $230M | 0.05% |
1,383,397
+129,284
| +10% | +$21.3M |
2013 Q2
48 quarters
|
|
367
International Flavors & Fragrances
IFF
$21.6B
| $229M | 0.05% |
3,108,013
+306,528
| +11% | +$23.2M |
2013 Q2
48 quarters
|
|
368
West Pharmaceutical
WST
$25.8B
| $227M | 0.05% |
1,035,773
-98,933
| -9% | -$21.1M |
2013 Q2
48 quarters
|
|
369
Fortive
FTV
$17.3B
| $224M | 0.05% |
4,305,807
-659,836
| -13% | -$34.6M |
2016 Q3
35 quarters
|
|
370
NVR
NVR
$15.7B
| $224M | 0.05% |
30,358
+4,467
| +17% | +$32M |
2013 Q2
48 quarters
|
|
371
GE HealthCare
GEHC
$29.7B
| $223M | 0.05% |
3,008,539
-320,468
| -10% | -$22.3M |
2023 Q1
9 quarters
|
|
372
Lockheed Martin
LMT
$118B
| $221M | 0.04% |
478,244
-4,434
| -0.9% | -$2.08M |
2013 Q2
48 quarters
|
|
373
Rivian
RIVN
$20.2B
| $221M | 0.04% |
16,076,949
-3,774,287
| -19% | -$51.2M |
2021 Q4
14 quarters
|
|
374
Shopify
SHOP
$220B
| $220M | 0.04% |
1,910,148
+261,295
| +16% | +$26.1M |
2023 Q4
6 quarters
|
|
375
Biogen
BIIB
$33.3B
| $219M | 0.04% |
1,743,209
+232,823
| +15% | +$29M |
2013 Q2
48 quarters
|
|
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.