1y return+15.3%S&P 500 +20.9%
3y return+66.2%S&P 500 +68.5%
5y return+38.4%S&P 500 +74.5%
10y return+173.0%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $273 against $357 in the S&P 500.2
GAM Holding AGS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $70.4M | 5.4% | −4.5% |
| GOOGLAlphabet Inc | $67.1M | 5.1% | +7.5% |
| MSFTMicrosoft Corp | $51.9M | 4.0% | +1.8% |
| AAPLApple Inc | $50.9M | 3.9% | −6.3% |
| AMZNAmazon Com Inc | $41.7M | 3.2% | −4.1% |
| Ubs Group AgCUSIP H42097107 | $37.9M | 2.9% | +8.5% |
| AVGOBroadcom Inc | $36.9M | 2.8% | +26.9% |
| METAMeta Platforms Inc | $32.6M | 2.5% | +18.1% |
| LLYEli Lilly & Co | $27.4M | 2.1% | +1.0% |
| AMATApplied Matls Inc | $27.4M | 2.1% | −3.6% |
| URTHIshares Inc | $27.2M | 2.1% | −7.2% |
| TSMTaiwan Semiconductor Manufac | $24.2M | 1.9% | +25.4% |
| Astrazeneca PLCCUSIP G0593M107 | $22.7M | 1.7% | New |
| VVisa Inc | $18.9M | 1.4% | −19.6% |
| MUMicron Technology Inc | $14.8M | 1.1% | +130.7% |
| JNJJohnson & Johnson | $14.6M | 1.1% | −1.2% |
| HLTHilton Worldwide Hldgs Inc | $14.2M | 1.1% | −5.8% |
| CSCOCisco Sys Inc | $14.2M | 1.1% | −3.0% |
| Ferrari N VCUSIP N3167Y103 | $13.6M | 1.0% | −16.4% |
| TPRTapestry Inc | $13.4M | 1.0% | +4.3% |
| JPMJpmorgan Chase & Co | $12.5M | 1.0% | −6.4% |
| Viking Holdings LtdCUSIP G93A5A101 | $12.4M | 1.0% | −3.0% |
| Crh PLCCUSIP G25508105 | $12.3M | 0.9% | +10.8% |
| MAMastercard Incorporated | $12.3M | 0.9% | +27.2% |
| MARMarriott Intl Inc New | $12.2M | 0.9% | +26.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | September 30, 2020 | +1378.8% | $70.4M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $36.9M |
| TSMTaiwan Semiconductor Manufac | June 30, 2020 | +741.2% | $24.2M |
| AMATApplied Matls Inc | March 31, 2021 | +441.2% | $27.4M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $67.1M |
| CATCaterpillar Inc | December 31, 2023 | +260.2% | $9.4M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $12.5M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $50.9M |
| Exxon Mobil CorpCUSIP 30231G102 | June 30, 2020 | +205.7% | $8.0M |
| Viking Holdings LtdCUSIP G93A5A101 | September 30, 2024 | +200.0% | $12.4M |
Sold off last quarter
- Totalenergies SeCUSIP F92124100 was $12.5M
- ELLauder Estee Cos Inc was $3.2M
- FISVFiserv Inc was $2.9M
- DHRDanaher Corp Del was $2.2M
- VMRKEquity Residential was $2.1M
- YUMYum Brands Inc was $1.7M
- IEXIdex Corp was $1.7M
- TCOMTrip Com Group Ltd was $1.3M
- FCXFreeport Mcmoran Inc was $1.3M
- LULULululemon Athletica Inc was $1.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +13.0% | +14.8% |
| March 31, 2026 | −5.3% | −4.6% |
| December 31, 2025 | +1.7% | +2.4% |
| September 30, 2025 | +5.8% | +7.8% |
| June 30, 2025 | +13.1% | +10.5% |
| March 31, 2025 | −4.9% | −4.6% |
| December 31, 2024 | +1.8% | +2.1% |
| September 30, 2024 | +4.0% | +5.4% |
| June 30, 2024 | +2.7% | +4.0% |
| March 31, 2024 | +12.0% | +10.0% |
| December 31, 2023 | +13.5% | +11.2% |
| September 30, 2023 | −3.0% | −3.6% |
| June 30, 2023 | +7.2% | +8.3% |
| March 31, 2023 | +6.4% | +7.0% |
| December 31, 2022 | +6.6% | +7.1% |
| September 30, 2022 | −6.6% | −5.3% |
| June 30, 2022 | −19.8% | −16.5% |
| March 31, 2022 | −11.4% | −4.9% |
| December 31, 2021 | +7.4% | +10.7% |
| September 30, 2021 | −3.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: GAM Holding AG Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1438848&type=13F-HR&dateb=&owner=include&count=40CIK 1438848
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1438848/000117266126003710/Filed August 14, 2026 · accession 0001172661-26-003710