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 |
iShares Core MSCI EAFE ETF
IEFA
|
+$4.07B |
| 2 |
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
|
+$2.25B |
| 3 |
Costco
COST
|
+$252M |
| 4 |
NVIDIA
NVDA
|
+$242M |
| 5 |
Advanced Micro Devices
AMD
|
+$242M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$274M |
| 2 |
UnitedHealth
UNH
|
+$207M |
| 3 |
SPLK
Splunk Inc
SPLK
|
+$204M |
| 4 |
Home Depot
HD
|
+$203M |
| 5 |
Qualcomm
QCOM
|
+$200M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.71% |
| 2 | Healthcare | 12.08% |
| 3 | Financials | 11.18% |
| 4 | Consumer Discretionary | 10.43% |
| 5 | Communication Services | 8.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Mondelez International
MDLZ
$84.1B
| $523M | 0.19% |
7,468,618
-376,393
| -5% | -$27.5M |
|
102
Citigroup
C
$216B
| $522M | 0.19% |
8,261,360
-903,627
| -10% | -$50.3M |
|
|
SCHW
103
Charles Schwab
SCHW
$185B
| $514M | 0.18% |
7,104,251
-845,734
| -11% | -$55.7M |
|
104
Palo Alto Networks
PANW
$257B
| $511M | 0.18% |
3,596,678
-709,842
| -16% | -$112M |
|
105
Ingersoll Rand
IR
$33.1B
| $505M | 0.18% |
5,319,406
-920,454
| -15% | -$78.7M |
|
106
Digital Realty Trust
DLR
$69B
| $504M | 0.18% |
3,499,789
+76,273
| +2% | +$10.8M |
|
107
Boston Scientific
BSX
$68.9B
| $502M | 0.18% |
7,323,384
-621,344
| -8% | -$40M |
|
108
RTX Corp
RTX
$291B
| $491M | 0.17% |
5,033,476
-20,063
| -0.4% | -$1.81M |
|
109
Roper Technologies
ROP
$40B
| $489M | 0.17% |
872,651
+2,413
| +0.3% | +$1.32M |
|
110
KLA
KLAC
$233B
| $485M | 0.17% |
6,943,980
-776,120
| -10% | -$49.8M |
|
111
Take-Two Interactive
TTWO
$46.6B
| $484M | 0.17% |
3,260,855
+216,925
| +7% | +$33.7M |
|
112
Honeywell
HON
$76.7B
| $484M | 0.17% |
2,501,900
-308,153
| -11% | -$58M |
|
113
American Tower
AMT
$80.9B
| $473M | 0.17% |
2,395,954
-57,784
| -2% | -$11.5M |
|
114
Sherwin-Williams
SHW
$84.4B
| $470M | 0.17% |
1,353,752
+14,172
| +1% | +$4.52M |
|
115
Illinois Tool Works
ITW
$84.2B
| $467M | 0.17% |
1,741,077
-25,725
| -1% | -$6.68M |
|
116
Zoetis
ZTS
$33B
| $464M | 0.16% |
2,741,072
-48,632
| -2% | -$9.11M |
|
117
Deere & Co
DE
$166B
| $462M | 0.16% |
1,123,783
+42,678
| +4% | +$16.4M |
|
118
Target
TGT
$66.6B
| $459M | 0.16% |
2,590,739
-769,298
| -23% | -$117M |
|
119
Waste Management
WM
$97B
| $454M | 0.16% |
2,130,768
-33,876
| -2% | -$6.66M |
|
120
Starbucks
SBUX
$118B
| $454M | 0.16% |
4,962,363
-246,440
| -5% | -$22.9M |
|
121
CVS Health
CVS
$138B
| $450M | 0.16% |
5,635,959
-660,191
| -10% | -$50.4M |
|
122
Keysight
KEYS
$51.2B
| $449M | 0.16% |
2,871,854
+854,673
| +42% | +$131M |
|
123
Stryker
SYK
$134B
| $448M | 0.16% |
1,251,506
+571
| +0% | +$192K |
|
124
McKesson
MCK
$106B
| $444M | 0.16% |
827,858
-7,573
| -0.9% | -$3.85M |
|
125
Eaton
ETN
$142B
| $440M | 0.16% |
1,406,386
-58,437
| -4% | -$16M |
|
Similar funds
UBS AM's Q1 2024 Portfolio in Review
As of Q1 2024, UBS AM held 2,593 positions worth $281B, up 11% from $254B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Trading was light in Q1 2024: portfolio turnover was 4.9%. UBS AM opened 53 new positions and exited 73, leaving the 2,593-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Healthcare and Financials.
- UBS AM's largest Q1 2024 buy was iShares Core MSCI EAFE ETF: 57,224,039 shares worth $4.25B.
- UBS AM added most to Costco in Q1 2024, an estimated $252M increase.
- UBS AM's biggest Q1 2024 reduction was Procter & Gamble, cutting an estimated $274M.
- UBS AM fully exited Splunk Inc in Q1 2024, selling an estimated $204M.
- UBS AM's ten largest holdings make up 27% of its $281B portfolio in Q1 2024.
- UBS AM opened 53 new positions and closed 73 in Q1 2024.
- UBS AM's portfolio value rose 11% quarter-over-quarter to $281B.
Based on UBS AM's 13F filing for Q1 2024, filed 15 May 2024.