GAM Holding AG — 13F Holdings & Portfolio
CIK 1438848 · latest 13F-HR filed 2026-02-17
GAM Holding AG manages $1.57B in 13F-reported U.S. long-equity assets across 380 reported positions as of its 2025-12-31 13F-HR filing. Its largest disclosed positions are GOOGL (3.36%), NVDA (3.02%), UBS (2.96%). Quarter over quarter (versus its 2025-09-30 filing) the fund opened 63 new positions, exited 59, added to 85, and trimmed 104.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.57B
Long-equity book
380
Distinct positions
2025-12-31
Filed 2026-02-17
+63 / −59 / ↑85 / ↓104
vs 2025-09-30
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- UBS GROUP AG$11.9M +33.5%
- APPLE INC$8.1M +15.0%
- ELI LILLY & CO$6.1M +38.6%
- CISCO SYS INC$5.7M +324.2%
- WALMART INC$5.5M +158.7%
Top Trims
- ORACLE CORP-$10.7M -44.2%
- MICROSOFT CORP-$9.8M -10.7%
- UBER TECHNOLOGIES INC-$9.0M -69.2%
- NVIDIA CORPORATION-$8.6M -10.0%
- NETFLIX INC-$8.4M -37.6%
New Positions
- TOTALENERGIES SE$12.7M
- SPDR SERIES TRUST$10.0M
- VERIZON COMMUNICATIONS INC$8.2M
- DBX ETF TR$6.8M
- EXPAND ENERGY CORPORATION$4.4M
Exited Positions
- LAM RESEARCH CORP$16.1M
- MGM RESORTS INTERNATIONAL$5.5M
- KANZHUN LIMITED$5.5M
- ARM HOLDINGS PLC$4.7M
- AFLAC INC$4.2M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ALPHABET INC | GOOGL | 02079K305 | $52.7M | 3.36% | 168,249 | SH |
| 2 | NVIDIA CORPORATION | NVDA | 67066G104 | $47.3M | 3.02% | 253,492 | SH |
| 3 | UBS GROUP AG | UBS | H42097107 | $46.4M | 2.96% | 994,979 | SH |
| 4 | MICROSOFT CORP | MSFT | 594918104 | $42.0M | 2.68% | 86,883 | SH |
| 5 | MICROSOFT CORP | MSFT | 594918104 | $40.1M | 2.56% | 82,992 | SH |
| 6 | AMAZON COM INC | AMZN | 023135106 | $35.5M | 2.26% | 153,678 | SH |
| 7 | APPLE INC | AAPL | 037833100 | $34.4M | 2.19% | 126,385 | SH |
| 8 | META PLATFORMS INC | META | 30303M102 | $31.9M | 2.04% | 48,396 | SH |
| 9 | NVIDIA CORPORATION | NVDA | 67066G104 | $29.5M | 1.88% | 158,291 | SH |
| 10 | APPLE INC | AAPL | 037833100 | $27.9M | 1.78% | 102,529 | SH |
| 11 | ALPHABET INC | GOOGL | 02079K305 | $27.1M | 1.73% | 86,472 | SH |
| 12 | ISHARES INC | URTH | 464286392 | $25.5M | 1.63% | 137,304 | SH |
| 13 | BROADCOM INC | AVGO | 11135F101 | $21.6M | 1.38% | 62,477 | SH |
| 14 | VISA INC | V | 92826C839 | $18.3M | 1.17% | 52,313 | SH |
| 15 | AMRIZE LTD | AMRZ | H2927K103 | $17.5M | 1.12% | 317,858 | SH |
| 16 | CRH PLC | CRH | G25508105 | $17.4M | 1.11% | 139,180 | SH |
| 17 | ALCON AG | ALC | H01301128 | $15.5M | 0.99% | 194,161 | SH |
| 18 | LOGITECH INTL S A | LOGI | H50430232 | $14.5M | 0.92% | 140,780 | SH |
| 19 | VANGUARD INDEX FDS | VOO | 922908363 | $14.0M | 0.89% | 22,250 | SH |
| 20 | BOOKING HOLDINGS INC | BKNG | 09857L108 | $13.6M | 0.87% | 2,532 | SH |
| 21 | INTERNATIONAL BUSINESS MACHS | IBM | 459200101 | $13.5M | 0.86% | 45,567 | SH |
| 22 | PROCTER AND GAMBLE CO | PG | 742718109 | $13.4M | 0.85% | 93,220 | SH |
| 23 | VISA INC | V | 92826C839 | $13.2M | 0.84% | 37,754 | SH |
| 24 | FERRARI N V | RACE | N3167Y103 | $13.2M | 0.84% | 35,175 | SH |
| 25 | MASTERCARD INCORPORATED | MA | 57636Q104 | $13.0M | 0.83% | 22,827 | SH |
| 26 | TOTALENERGIES SE | TTE | F92124100 | $12.7M | 0.81% | 194,786 | SH |
| 27 | META PLATFORMS INC | META | 30303M102 | $12.4M | 0.79% | 18,854 | SH |
| 28 | EXXON MOBIL CORP | XOM | 30231G102 | $12.4M | 0.79% | 102,646 | SH |
| 29 | TAPESTRY INC | TPR | 876030107 | $12.3M | 0.78% | 96,200 | SH |
| 30 | MERCK & CO INC | MRK | 58933Y105 | $12.0M | 0.77% | 114,404 | SH |
| 31 | MARKEL GROUP INC | MKL | 570535104 | $12.0M | 0.77% | 5,587 | SH |
| 32 | VIKING HOLDINGS LTD | VIK | G93A5A101 | $11.7M | 0.75% | 164,101 | SH |
| 33 | RALPH LAUREN CORP | RL | 751212101 | $11.7M | 0.74% | 32,950 | SH |
| 34 | JPMORGAN CHASE & CO. | JPM | 46625H100 | $11.6M | 0.74% | 36,071 | SH |
| 35 | HILTON WORLDWIDE HLDGS INC | HLT | 43300A203 | $11.4M | 0.73% | 39,777 | SH |
| 36 | ELI LILLY & CO | LLY | 532457108 | $11.3M | 0.72% | 10,483 | SH |
| 37 | NETFLIX INC | NFLX | 64110L106 | $11.0M | 0.70% | 117,642 | SH |
| 38 | WELLS FARGO CO NEW | WFC | 949746101 | $11.0M | 0.70% | 118,045 | SH |
| 39 | ELI LILLY & CO | LLY | 532457108 | $10.4M | 0.67% | 9,718 | SH |
| 40 | DISNEY WALT CO | DIS | 254687106 | $10.1M | 0.64% | 88,597 | SH |
| 41 | AMER SPORTS INC | AS | G0260P102 | $10.0M | 0.64% | 268,800 | SH |
| 42 | SPDR SERIES TRUST | EFIV | 78468R531 | $10.0M | 0.64% | 151,430 | SH |
| 43 | EMERSON ELEC CO | EMR | 291011104 | $9.7M | 0.62% | 73,439 | SH |
| 44 | JOHNSON & JOHNSON | JNJ | 478160104 | $9.4M | 0.60% | 45,259 | SH |
| 45 | AMAZON COM INC | AMZN | 023135106 | $9.2M | 0.59% | 39,839 | SH |
| 46 | TAIWAN SEMICONDUCTOR MFG LTD | TSM | 874039100 | $9.0M | 0.57% | 29,649 | SH |
| 47 | ROYAL CARIBBEAN GROUP | RCL | V7780T103 | $9.0M | 0.57% | 32,090 | SH |
| 48 | SMURFIT WESTROCK PLC | SW | G8267P108 | $8.6M | 0.55% | 223,331 | SH |
| 49 | SCHWAB CHARLES CORP | SCHW | 808513105 | $8.3M | 0.53% | 82,883 | SH |
| 50 | VERIZON COMMUNICATIONS INC | VZ | 92343V104 | $8.2M | 0.52% | 200,857 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-12-31 | 2026-02-17 | $1.57B | 380 | 0001172661-26-001215 |
| 2025-09-30 | 2025-10-21 | $1.62B | 373 | 0001172661-25-004340 |