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 | |
|---|---|---|---|---|---|---|---|
1776
Under Armour Class C
UA
$1.99B
| $1.9M | ﹤0.01% |
393,784
-189,851
| -33% | -$1.06M |
2016 Q2
37 quarters
|
|
1777
TC Energy
TRP
$64.3B
| $1.9M | ﹤0.01% |
34,889
-927,991
| -96% | -$46.6M |
2024 Q2
5 quarters
|
|
1778
OceanFirst Financial
OCFC
$1.53B
| $1.89M | ﹤0.01% |
107,778
-91,331
| -46% | -$1.63M |
2017 Q1
34 quarters
|
|
1779
NextDecade
NEXT
$1.67B
| $1.88M | ﹤0.01% |
277,409
-201,952
| -42% | -$1.95M |
2022 Q2
13 quarters
|
|
1780
Ecovyst
ECVT
$1.13B
| $1.88M | ﹤0.01% |
214,529
-119,430
| -36% | -$1.05M |
2019 Q4
23 quarters
|
|
1781
Garrett Motion
GTX
$4.56B
| $1.87M | ﹤0.01% |
137,664
-93,384
| -40% | -$1.18M |
2023 Q3
8 quarters
|
|
1782
Sprinklr
CXM
$1.35B
| $1.87M | ﹤0.01% |
242,761
-106,659
| -31% | -$899K |
2021 Q4
15 quarters
|
|
1783
AMC Entertainment Holdings
AMC
$2.6B
| $1.87M | ﹤0.01% |
645,944
-442,748
| -41% | -$1.31M |
2014 Q2
45 quarters
|
|
1784
Matsons
MATX
$7.03B
| $1.86M | ﹤0.01% |
18,898
-12,408
| -40% | -$1.33M |
2023 Q1
10 quarters
|
|
1785
Employers Holdings
EIG
$920M
| $1.86M | ﹤0.01% |
43,804
-43,352
| -50% | -$1.89M |
2014 Q4
43 quarters
|
|
1786
Atour Lifestyle Holdings
ATAT
$4.55B
| $1.86M | ﹤0.01% |
49,452
-25,927
| -34% | -$947K |
2024 Q3
4 quarters
|
|
1787
Select Water Solutions
WTTR
$2.4B
| $1.84M | ﹤0.01% |
172,171
-120,471
| -41% | -$1.1M |
2018 Q2
29 quarters
|
|
1788
Scotiabank
BNS
$111B
| $1.84M | ﹤0.01% |
28,450
-1,660,785
| -98% | -$97.9M |
2024 Q2
5 quarters
|
|
1789
DELISTED
MeridianLink
MLNK
| $1.83M | ﹤0.01% |
91,757
-49,812
| -35% | -$916K |
2022 Q3
12 quarters
|
|
1790
iShares MSCI Poland ETF
EPOL
$849M
| $1.83M | ﹤0.01% |
56,768
+5,100
| +10% | +$166K |
2025 Q1
2 quarters
|
|
1791
DELISTED
Semrush
SEMR
| $1.82M | ﹤0.01% |
256,584
+158,236
| +161% | +$1.29M |
2022 Q2
13 quarters
|
|
1792
Realty Income
O
$53.1B
| $1.81M | ﹤0.01% |
29,787
-9,516,175
| -100% | -$554M |
2013 Q2
49 quarters
|
|
1793
Centuri Holdings
CTRI
$1.99B
| $1.81M | ﹤0.01% |
85,440
+19,687
| +30% | +$418K |
2024 Q3
4 quarters
|
|
1794
Yext
YEXT
$683M
| $1.8M | ﹤0.01% |
211,331
-179,850
| -46% | -$1.53M |
2018 Q2
29 quarters
|
|
1795
Toronto Dominion Bank
TD
$197B
| $1.8M | ﹤0.01% |
22,500
-2,261,459
| -99% | -$170M |
2024 Q2
5 quarters
|
|
1796
Geron
GERN
$752M
| $1.8M | ﹤0.01% |
1,312,867
-765,758
| -37% | -$1.02M |
2013 Q4
47 quarters
|
|
1797
Shenandoah Telecom
SHEN
$570M
| $1.8M | ﹤0.01% |
133,862
-28,428
| -18% | -$390K |
2015 Q2
41 quarters
|
|
1798
Live Oak Bancshares
LOB
$1.62B
| $1.79M | ﹤0.01% |
50,921
-41,050
| -45% | -$1.41M |
2019 Q2
25 quarters
|
|
1799
G-III Apparel Group
GIII
$1.22B
| $1.79M | ﹤0.01% |
67,343
-61,531
| -48% | -$1.56M |
2013 Q2
49 quarters
|
|
1800
Evolent Health
EVH
$517M
| $1.79M | ﹤0.01% |
211,804
-68,902
| -25% | -$669K |
2017 Q1
34 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.