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 | |
|---|---|---|---|---|---|---|---|
|
LB
2051
LandBridge Co
LB
$2.56B
| $2.49M | ﹤0.01% |
36,839
+17,112
| +87% | +$1.23M |
2024 Q4
2 quarters
|
|
2052
Ardelyx
ARDX
$847M
| $2.49M | ﹤0.01% |
634,245
+111,396
| +21% | +$460K |
2023 Q1
9 quarters
|
|
2053
Sable Offshore Corp
SOC
$714M
| $2.48M | ﹤0.01% |
113,010
+63,520
| +128% | +$1.48M |
2024 Q2
4 quarters
|
|
2054
TransAlta
TAC
$4.15B
| $2.48M | ﹤0.01% |
229,797
+20,828
| +10% | +$198K |
2024 Q2
4 quarters
|
|
2055
Liquidity Services
LQDT
$1.35B
| $2.47M | ﹤0.01% |
104,752
+26,753
| +34% | +$722K |
2021 Q4
14 quarters
|
|
|
NSA
2056
DELISTED
National Storage Affiliates Trust
NSA
| $2.47M | ﹤0.01% |
77,241
-2,521
| -3% | -$88K |
2023 Q1
9 quarters
|
|
2057
Cohu
COHU
$3.23B
| $2.46M | ﹤0.01% |
127,984
+46,340
| +57% | +$781K |
2018 Q1
29 quarters
|
|
2058
Center Bancorp
CNOB
$1.51B
| $2.46M | ﹤0.01% |
106,051
+43,642
| +70% | +$995K |
2018 Q1
29 quarters
|
|
2059
Atour Lifestyle Holdings
ATAT
$4.5B
| $2.45M | ﹤0.01% |
75,379
+74,079
| +5,698% | +$2.1M |
2024 Q3
3 quarters
|
|
2060
Matthews International
MATW
$581M
| $2.44M | ﹤0.01% |
102,192
+24,770
| +32% | +$522K |
2013 Q2
48 quarters
|
|
2061
Groupon
GRPN
$758M
| $2.44M | ﹤0.01% |
+72,848
| New | +$1.86M |
2025 Q2
0 quarters
|
|
2062
Invesco Mortgage Capital
IVR
$621M
| $2.43M | ﹤0.01% |
310,261
+239,301
| +337% | +$1.76M |
2023 Q1
9 quarters
|
|
2063
Byline Bancorp
BY
$1.64B
| $2.43M | ﹤0.01% |
90,889
+14,644
| +19% | +$376K |
2021 Q2
16 quarters
|
|
2064
Garrett Motion
GTX
$4.89B
| $2.43M | ﹤0.01% |
231,048
+91,054
| +65% | +$916K |
2023 Q3
7 quarters
|
|
2065
Redwire
RDW
$2.39B
| $2.43M | ﹤0.01% |
148,803
+136,672
| +1,127% | +$1.78M |
2025 Q1
1 quarter
|
|
|
GBTG
2066
DELISTED
American Express Global Business Travel
GBTG
| $2.4M | ﹤0.01% |
381,554
+170,653
| +81% | +$1.1M |
2024 Q3
3 quarters
|
|
|
BASE
2067
DELISTED
Couchbase
BASE
| $2.4M | ﹤0.01% |
98,408
+36,238
| +58% | +$659K |
2022 Q4
10 quarters
|
|
2068
Syndax Pharmaceuticals
SNDX
$1.52B
| $2.4M | ﹤0.01% |
256,138
+55,442
| +28% | +$610K |
2020 Q4
18 quarters
|
|
|
APGE
2069
DELISTED
Apogee Therapeutics
APGE
| $2.39M | ﹤0.01% |
55,062
+19,336
| +54% | +$736K |
2024 Q2
4 quarters
|
|
2070
Nabors Industries
NBR
$1.23B
| $2.37M | ﹤0.01% |
84,522
+57,249
| +210% | +$1.7M |
2020 Q4
18 quarters
|
|
|
ARIS
2071
DELISTED
Aris Water Solutions
ARIS
| $2.36M | ﹤0.01% |
99,996
+31,753
| +47% | +$784K |
2025 Q1
1 quarter
|
|
2072
Perella Weinberg Partners
PWP
$1.21B
| $2.36M | ﹤0.01% |
121,526
+41,899
| +53% | +$740K |
2024 Q2
4 quarters
|
|
2073
Heritage Financial
HFWA
$1.11B
| $2.35M | ﹤0.01% |
98,734
+20,604
| +26% | +$474K |
2015 Q3
39 quarters
|
|
|
SEI
2074
Solaris Energy Infrastructure
SEI
$5.03B
| $2.35M | ﹤0.01% |
83,087
+57,764
| +228% | +$1.36M |
2025 Q1
1 quarter
|
|
|
JAMF
2075
DELISTED
Jamf
JAMF
| $2.35M | ﹤0.01% |
246,896
+92,258
| +60% | +$990K |
2020 Q4
18 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.