UBS AM Portfolio holdings
UBS AM is the US asset manager of UBS and grew out of Brinson Partners, an investment firm founded by Gary Brinson and made independent in 1989. Swiss Bank Corporation bought Brinson Partners in 1994, and once the bank merged with UBS, its founder Gary Brinson, who had run Swiss Bank's asset management business, became chief investment officer of UBS Asset Management. In 2024 the business took in Credit Suisse Asset Management and two of its own units, UBS Hedge Fund Solutions and UBS O’Connor, though the O’Connor business was later sold. Its clients are mainly institutions such as retirement plans, government bodies, endowments and foundations.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Baidu
BIDU
|
+$360M |
| 2 |
Alibaba
BABA
|
+$256M |
| 3 |
Verizon
VZ
|
+$158M |
| 4 |
ATVI
Activision Blizzard
ATVI
|
+$157M |
| 5 |
Fortive
FTV
|
+$142M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cognizant
CTSH
|
+$196M |
| 2 |
Check Point Software Technologies
CHKP
|
+$191M |
| 3 |
TAL Education Group
TAL
|
+$161M |
| 4 |
EMC CORPORATION
EMC
|
+$151M |
| 5 |
Amgen
AMGN
|
+$117M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.7% |
| 2 | Technology | 15.44% |
| 3 | Financials | 13.21% |
| 4 | Consumer Discretionary | 10.62% |
| 5 | Communication Services | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.87T
| $2.06B | 2.21% |
35,700,466
-767,802
| -2% | -$43.3M |
2013 Q2
13 quarters
|
|
2
Apple
AAPL
$5.17T
| $2.02B | 2.18% |
71,545,720
-2,626,044
| -4% | -$69.5M |
2013 Q2
13 quarters
|
|
3
Meta Platforms (Facebook)
META
$1.61T
| $1.69B | 1.82% |
13,184,043
+829,641
| +7% | +$103M |
2013 Q2
13 quarters
|
|
4
Amazon
AMZN
$2.88T
| $1.61B | 1.74% |
38,545,140
+1,937,180
| +5% | +$74.1M |
2013 Q2
13 quarters
|
|
5
Alphabet (Google) Class A
GOOGL
$3.61T
| $1.31B | 1.41% |
32,529,040
-2,093,820
| -6% | -$81.9M |
2015 Q4
3 quarters
|
|
6
Johnson & Johnson
JNJ
$675B
| $1.28B | 1.38% |
10,872,055
-383,901
| -3% | -$46.6M |
2013 Q2
13 quarters
|
|
7
ExxonMobil
XOM
$680B
| $1.1B | 1.19% |
12,651,626
+1,320,405
| +12% | +$117M |
2013 Q2
13 quarters
|
|
|
8
Alibaba
BABA
$253B
| $1B | 1.08% |
9,491,080
+2,766,934
| +41% | +$256M |
2014 Q3
8 quarters
|
|
9
Alphabet (Google) Class C
GOOG
$3.57T
| $980M | 1.05% |
25,208,360
-1,515,600
| -6% | -$57.5M |
2015 Q4
3 quarters
|
|
10
JPMorgan Chase
JPM
$912B
| $886M | 0.95% |
13,303,093
+202,633
| +2% | +$13.2M |
2013 Q2
13 quarters
|
|
11
PepsiCo
PEP
$196B
| $873M | 0.94% |
8,028,947
+173,958
| +2% | +$18.7M |
2013 Q2
13 quarters
|
|
12
GE Aerospace
GE
$356B
| $824M | 0.89% |
5,803,294
-268,899
| -4% | -$40.1M |
2013 Q2
13 quarters
|
|
13
Chevron
CVX
$416B
| $770M | 0.83% |
7,484,204
+396,271
| +6% | +$40.5M |
2013 Q2
13 quarters
|
|
14
Visa
V
$794B
| $766M | 0.83% |
9,266,034
+82,306
| +0.9% | +$6.59M |
2013 Q2
13 quarters
|
|
|
15
Verizon
VZ
$193B
| $752M | 0.81% |
14,475,075
+2,949,669
| +26% | +$158M |
2013 Q2
13 quarters
|
|
16
Home Depot
HD
$350B
| $740M | 0.8% |
5,753,877
-49,438
| -0.9% | -$6.59M |
2013 Q2
13 quarters
|
|
17
AT&T
T
$150B
| $723M | 0.78% |
23,569,459
+363,661
| +2% | +$11.5M |
2013 Q2
13 quarters
|
|
18
Procter & Gamble
PG
$389B
| $687M | 0.74% |
7,657,973
-103,269
| -1% | -$8.97M |
2013 Q2
13 quarters
|
|
|
CELG
19
DELISTED
Celgene Corp
CELG
| $664M | 0.72% |
6,356,389
+769,808
| +14% | +$83.3M |
2013 Q2
13 quarters
|
|
20
Wells Fargo
WFC
$258B
| $646M | 0.7% |
14,588,017
-131,987
| -0.9% | -$6.32M |
2013 Q2
13 quarters
|
|
|
AGN
21
DELISTED
Allergan plc
AGN
| $644M | 0.69% |
2,797,265
-63,551
| -2% | -$15.5M |
2013 Q2
13 quarters
|
|
22
UnitedHealth
UNH
$361B
| $642M | 0.69% |
4,586,728
+2,528
| +0.1% | +$354K |
2013 Q2
13 quarters
|
|
23
Gilead Sciences
GILD
$211B
| $626M | 0.67% |
7,910,861
-885,754
| -10% | -$72M |
2013 Q2
13 quarters
|
|
24
Pfizer
PFE
$168B
| $591M | 0.64% |
18,392,487
+810,677
| +5% | +$27.1M |
2013 Q2
13 quarters
|
|
25
Berkshire Hathaway Class B
BRK.B
$1.25T
| $591M | 0.64% |
4,090,310
+16,235
| +0.4% | +$2.37M |
2013 Q2
13 quarters
|
|
Similar funds
UBS AM's Q3 2016 Portfolio in Review
As of Q3 2016, UBS AM held 2,661 positions worth $92.9B, up 5% from $88.5B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Trading was light in Q3 2016: portfolio turnover was 4.7%. UBS AM opened 57 new positions and exited 68, leaving the 2,661-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
- UBS AM's largest Q3 2016 buy was Fortive: 4,426,476 shares worth $142M.
- UBS AM added most to Baidu in Q3 2016, an estimated $360M increase.
- UBS AM's biggest Q3 2016 reduction was Cognizant, cutting an estimated $196M.
- UBS AM fully exited EMC CORPORATION in Q3 2016, selling an estimated $151M.
- UBS AM's ten largest holdings make up 15% of its $92.9B portfolio in Q3 2016.
- UBS AM opened 57 new positions and closed 68 in Q3 2016.
- UBS AM's portfolio value rose 5% quarter-over-quarter to $92.9B.
Based on UBS AM's 13F filing for Q3 2016, filed 4 Nov 2016.