Bank Pictet & Cie (asia) Ltd 13F annual report
Bank Pictet & Cie (asia) Ltd is an investment fund managing more than $299 billion ran by John Chia. There are currently 92 companies in Mr. Chia’s portfolio. The largest investments include PDD Inc and Amazon.com, together worth $107 billion.
$299 billion Assets Under Management (AUM)
As of 9th July 2024, Bank Pictet & Cie (asia) Ltd’s top holding is 651,000 shares of PDD Inc currently worth over $86.6 billion and making up 29.0% of the portfolio value.
Relative to the number of outstanding shares of PDD Inc, Bank Pictet & Cie (asia) Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 104,680 shares of Amazon.com worth $20.2 billion, whose value grew 25.8% in the past six months.
The third-largest holding is Spdr S&p 500 Etf Tr worth $18.8 billion and the next is Alphabet Inc worth $22.2 billion, with 121,446 shares owned.
Currently, Bank Pictet & Cie (asia) Ltd's portfolio is worth at least $299 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Bank Pictet & Cie (asia) Ltd
The Bank Pictet & Cie (asia) Ltd office and employees reside in Singapore, Singapore. According to the last 13-F report filed with the SEC, John Chia serves as the Head of Compliance at Bank Pictet & Cie (asia) Ltd.
Recent trades
In the most recent 13F filing, Bank Pictet & Cie (asia) Ltd revealed that it had opened a new position in
PDD Inc and bought 651,000 shares worth $86.6 billion.
This means they effectively own approximately 0.1% of the company.
PDD Inc makes up
73.4%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Amazon.com by buying
21,649 additional shares.
This makes their stake in Amazon.com total 104,680 shares worth $20.2 billion.
Amazon.com dropped approximately 0.1% in the past year.
On the other hand, there are companies that Bank Pictet & Cie (asia) Ltd is getting rid of from its portfolio.
Bank Pictet & Cie (asia) Ltd closed its position in Medtronic Plc on 16th July 2024.
It sold the previously owned 23,171 shares for $2.02 billion.
John Chia also disclosed a decreased stake in Meta Platforms Inc by approximately 0.1%.
This leaves the value of the investment at $3.72 billion and 7,373 shares.
One of the smaller hedge funds
The two most similar investment funds to Bank Pictet & Cie (asia) Ltd are Mount Lucas Management L.P. and Hoey Investments, Inc. They manage $299 billion and $298 billion respectively.
John Chia investment strategy
Bank Pictet & Cie (asia) Ltd’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 39.5% of
the total portfolio value.
The fund focuses on investments in the United States as
55.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
52% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $201 billion.
The complete list of Bank Pictet & Cie (asia) Ltd trades based on 13F SEC filings
These positions were updated on July 16th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| PDD Holdings Inc |
Opened
651,000
|
$86,550,450,000 | 28.98% |
| Amazon.com Inc. |
26.07%
104,680
|
$20,229,410,000 | 6.77% |
| Spdr S&p 500 Etf Tr |
No change
34,510
|
$18,781,001,000 | 6.29% |
| Alphabet Inc |
25.33%
121,446
|
$22,209,645,000 | 7.44% |
| Microsoft Corporation |
9.15%
24,159
|
$10,757,592,000 | 3.60% |
| Pepsico Inc |
22.83%
51,628
|
$8,515,006,000 | 2.85% |
| Taiwan Semiconductor Mfg Ltd |
0.32%
46,504
|
$8,082,860,000 | 2.71% |
| Mcdonalds Corp |
13.97%
27,729
|
$7,066,458,000 | 2.37% |
| Zoetis Inc |
40.98%
37,500
|
$6,501,000,000 | 2.18% |
| Texas Instrs Inc |
36.71%
32,960
|
$6,411,709,000 | 2.15% |
| Waste Mgmt Inc Del |
37.38%
28,850
|
$6,154,859,000 | 2.06% |
| Mastercard Incorporated |
24.24%
13,300
|
$5,867,428,000 | 1.96% |
| Unitedhealth Group Inc |
46.99%
11,036
|
$5,620,193,000 | 1.88% |
| Merck & Co Inc |
13.38%
38,605
|
$4,779,299,000 | 1.60% |
| NVIDIA Corp |
917.39%
38,091
|
$4,705,762,000 | 1.58% |
| Visa Inc |
10.15%
17,029
|
$4,469,602,000 | 1.50% |
| Adobe Inc |
65.84%
7,622
|
$4,234,326,000 | 1.42% |
| Meta Platforms Inc |
6.27%
7,373
|
$3,717,614,000 | 1.24% |
| Moodys Corp |
4.22%
8,710
|
$3,666,300,000 | 1.23% |
| Nike, Inc. |
23.65%
47,271
|
$3,562,815,000 | 1.19% |
| Thermo Fisher Scientific Inc. |
4.22%
6,421
|
$3,550,813,000 | 1.19% |
| Linde Plc. |
2.76%
7,853
|
$3,445,975,000 | 1.15% |
| Lauder Estee Cos Inc |
68.47%
28,708
|
$3,054,531,000 | 1.02% |
| Booking Holdings Inc |
4.36%
718
|
$2,844,357,000 | 0.95% |
| Intercontinental Exchange In |
4.75%
20,482
|
$2,803,781,000 | 0.94% |
| Abbott Labs |
4.99%
23,250
|
$2,415,908,000 | 0.81% |
| Otis Worldwide Corporation |
4.72%
21,371
|
$2,057,172,000 | 0.69% |
| Medtronic Plc |
Closed
23,171
|
$2,019,353,000 | |
| Exact Sciences Corp. |
1.63%
47,709
|
$2,015,705,000 | 0.68% |
| Wells Fargo Co New |
3.75%
33,821
|
$2,008,629,000 | 0.67% |
| HDFC Bank Ltd. |
4.78%
22,903
|
$1,473,350,000 | 0.49% |
| Procter And Gamble Co |
9.28%
8,859
|
$1,461,026,000 | 0.49% |
| D.R. Horton Inc. |
278.66%
9,724
|
$1,370,403,000 | 0.46% |
| Salesforce Inc |
41.38%
5,142
|
$1,322,008,000 | 0.44% |
| Eli Lilly & Co |
1.20%
1,439
|
$1,302,842,000 | 0.44% |
| Honeywell International Inc |
40.73%
5,300
|
$1,131,762,000 | 0.38% |
| Apple Inc |
30.38%
5,055
|
$1,064,684,000 | 0.36% |
| Broadcom Inc. |
27.35%
610
|
$979,373,000 | 0.33% |
| Electronic Arts, Inc. |
4.63%
6,756
|
$941,313,000 | 0.32% |
| Danaher Corp. |
Closed
3,732
|
$931,955,000 | |
| Icici Bank Limited |
10.70%
29,890
|
$861,131,000 | 0.29% |
| Rollins, Inc. |
No change
17,600
|
$858,704,000 | 0.29% |
| Oreilly Automotive Inc |
Opened
758
|
$800,493,000 | 0.27% |
| Advanced Micro Devices Inc. |
56.11%
4,794
|
$777,635,000 | 0.26% |
| Makemytrip Limited Mauritius |
Opened
9,195
|
$773,300,000 | 0.26% |
| Asml Holding N V |
71.17%
659
|
$673,979,000 | 0.23% |
| Netflix Inc. |
64.94%
988
|
$666,781,000 | 0.22% |
| Cigna Group (The) |
Closed
1,663
|
$603,985,000 | |
| Neogen Corp. |
No change
35,050
|
$547,832,000 | 0.18% |
| Tesla Inc |
64.74%
2,626
|
$519,633,000 | 0.17% |
| Ishares Tr |
No change
8,582
|
$478,704,000 | 0.16% |
| Select Sector Spdr Tr |
Closed
4,900
|
$462,609,000 | |
| Applied Matls Inc |
No change
1,764
|
$414,734,000 | 0.14% |
| Lam Research Corp. |
No change
377
|
$401,448,000 | 0.13% |
| Packaging Corp Amer |
No change
2,193
|
$400,354,000 | 0.13% |
| Expedia Group Inc |
41.95%
3,174
|
$399,892,000 | 0.13% |
| Aflac Inc. |
No change
4,376
|
$390,821,000 | 0.13% |
| Workday Inc |
Opened
1,747
|
$390,559,000 | 0.13% |
| Vertex Inc |
Opened
10,800
|
$389,340,000 | 0.13% |
| Ameriprise Finl Inc |
No change
889
|
$379,772,000 | 0.13% |
| Schwab Charles Corp |
No change
5,153
|
$379,725,000 | 0.13% |
| Autodesk Inc. |
No change
1,523
|
$376,866,000 | 0.13% |
| NVR Inc. |
No change
49
|
$371,839,000 | 0.12% |
| Morgan Stanley |
No change
3,792
|
$368,544,000 | 0.12% |
| Elevance Health Inc |
No change
669
|
$362,504,000 | 0.12% |
| Dexcom Inc |
No change
3,171
|
$359,528,000 | 0.12% |
| Tjx Cos Inc New |
No change
3,257
|
$358,596,000 | 0.12% |
| Philip Morris International Inc |
No change
3,489
|
$353,540,000 | 0.12% |
| Humana Inc. |
No change
937
|
$350,110,000 | 0.12% |
| Micron Technology Inc. |
39.88%
2,655
|
$349,212,000 | 0.12% |
| Marriott Intl Inc New |
No change
1,437
|
$347,423,000 | 0.12% |
| Palo Alto Networks Inc |
Opened
1,021
|
$346,129,000 | 0.12% |
| Lowes Cos Inc |
39.02%
1,563
|
$344,579,000 | 0.12% |
| Mondelez International Inc. |
No change
5,260
|
$344,214,000 | 0.12% |
| Union Pac Corp |
No change
1,497
|
$338,711,000 | 0.11% |
| Wynn Resorts Ltd. |
No change
3,758
|
$336,341,000 | 0.11% |
| Pure Storage Inc |
Opened
5,232
|
$335,947,000 | 0.11% |
| Biogen Inc |
No change
1,444
|
$334,748,000 | 0.11% |
| Dollar Gen Corp New |
No change
2,522
|
$333,484,000 | 0.11% |
| Airbnb, Inc. |
No change
2,153
|
$326,459,000 | 0.11% |
| Wyndham Hotels & Resorts Inc |
No change
4,338
|
$321,012,000 | 0.11% |
| Johnson & Johnson |
No change
2,180
|
$318,629,000 | 0.11% |
| Price T Rowe Group Inc |
No change
2,751
|
$317,218,000 | 0.11% |
| Target Corp |
No change
2,086
|
$308,811,000 | 0.10% |
| Expeditors Intl Wash Inc |
No change
2,448
|
$305,486,000 | 0.10% |
| Verisign Inc. |
No change
1,710
|
$304,038,000 | 0.10% |
| Rockwell Automation Inc |
No change
1,097
|
$301,982,000 | 0.10% |
| Chevron Corp. |
Closed
1,880
|
$296,551,000 | |
| Accenture Plc Ireland |
No change
954
|
$289,453,000 | 0.10% |
| Etsy Inc |
21.66%
4,753
|
$280,332,000 | 0.09% |
| JPMorgan Chase & Co. |
No change
1,380
|
$279,119,000 | 0.09% |
| Qualcomm, Inc. |
Closed
1,602
|
$271,219,000 | |
| PayPal Holdings Inc |
No change
4,639
|
$269,201,000 | 0.09% |
| Schlumberger Ltd. |
No change
5,400
|
$254,772,000 | 0.09% |
| Infosys Ltd |
Opened
13,328
|
$248,167,000 | 0.08% |
| Sophia Genetics Sa |
No change
46,020
|
$210,772,000 | 0.07% |
| Eog Res Inc |
Opened
1,642
|
$206,679,000 | 0.07% |
| VanEck ETF Trust |
11.03%
10,661
|
$129,744,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 98 holdings | |||
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