GAM Holding AG

Zurich, V8 · CIK 1438848 · 13F filing filed 2026-08-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyZürich

$1.3bn reported value +14.6% vs Q1 2026

273positions

34.0%in top 10

41 new 67 added 126 reduced 44 sold out vs Q1 2026

This report includes the holdings of 2 other managers that share the investment decisions:

GAM INTERNATIONAL MANAGEMENT LTD – no 13F of its own this quarter
GAM Investment Management (Switzerland) AG – no 13F of its own this quarter

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	351,622	$70.4m5.39%	5.39%	Reduced -16.7k	-16,670 -4.5%
2	ALPHABET INC CAP STK CL A GOOGL	GOOGL	187,665	$67.1m5.14%	5.14%	Added +13.1k	+13,121 7.5%
3	MICROSOFT CORP COM MSFT	MSFT	139,116	$51.9m3.98%	3.98%	Added +2.5k	+2,477 1.8%
4	APPLE INC COM AAPL	AAPL	176,077	$50.9m3.90%	3.90%	Reduced -11.8k	-11,832 -6.3%
5	AMAZON COM INC COM AMZN	AMZN	175,049	$41.7m3.20%	3.20%	Reduced -7.5k	-7,496 -4.1%
6	UBS GROUP AG SHS UBS	UBS	762,272	$37.9m2.90%	2.90%	Added +59.5k	+59,509 8.5%
7	BROADCOM INC COM AVGO	AVGO	97,566	$36.9m2.82%	2.82%	Added +20.7k	+20,676 26.9%
8	META PLATFORMS INC CL A META	META	57,863	$32.6m2.50%	2.50%	Added +8.9k	+8,864 18.1%
9	ELI LILLY & CO COM LLY	LLY	22,843	$27.4m2.10%	2.10%	Added +236	+236 1.0%
10	APPLIED MATLS INC COM AMAT	AMAT	37,829	$27.4m2.10%	2.10%	Reduced -1.4k	-1,395 -3.6%
11	ISHARES INC MSCI WORLD ETF URTH	URTH	134,058	$27.2m2.08%	2.08%	Reduced -10.4k	-10,379 -7.2%
12	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	50,641	$24.2m1.85%	1.85%	Added +10.2k	+10,244 25.4%
13	ASTRAZENECA PLC ORD AZN	AZN	121,143	$22.7m1.74%	1.74%	New
14	VISA INC COM CL A V	V	54,977	$18.9m1.44%	1.44%	Reduced -13.4k	-13,420 -19.6%
15	MICRON TECHNOLOGY INC COM MU	MU	12,838	$14.8m1.14%	1.14%	Added +7.3k	+7,274 130.7%
16	JOHNSON & JOHNSON COM JNJ	JNJ	57,382	$14.6m1.12%	1.12%	Reduced -702	-702 -1.2%
17	HILTON WORLDWIDE HLDGS INC COM HLT	HLT	42,899	$14.2m1.09%	1.09%	Reduced -2.6k	-2,647 -5.8%
18	CISCO SYS INC COM CSCO	CSCO	120,677	$14.2m1.09%	1.09%	Reduced -3.7k	-3,696 -3.0%
19	FERRARI N V COM RACE	RACE	36,585	$13.6m1.04%	1.04%	Reduced -7.2k	-7,190 -16.4%
20	TAPESTRY INC COM TPR	TPR	91,300	$13.4m1.02%	1.02%	Added +3.8k	+3,760 4.3%
21	JPMORGAN CHASE & CO COM JPM	JPM	38,045	$12.5m0.95%	0.95%	Reduced -2.6k	-2,622 -6.5%
22	VIKING HOLDINGS LTD ORD SHS VIK	VIK	118,711	$12.4m0.95%	0.95%	Reduced -3.7k	-3,690 -3.0%
23	CRH PLC ORD CRH	CRH	114,960	$12.3m0.94%	0.94%	Added +11.2k	+11,177 10.8%
24	MASTERCARD INCORPORATED CL A MA	MA	23,905	$12.3m0.94%	0.94%	Added +5.1k	+5,113 27.2%
25	MARRIOTT INTL INC NEW CL A MAR	MAR	32,920	$12.2m0.93%	0.93%	Added +6.9k	+6,870 26.4%
26	LOGITECH INTL S A SHS LOGI	LOGI	129,449	$12.2m0.93%	0.93%	Reduced -901	-901 -0.7%
27	AMRIZE LTD SHS AMRZ	AMRZ	228,199	$12.1m0.93%	0.93%	Reduced -1.1k	-1,110 -0.5%
28	MERCK & CO INC COM MRK	MRK	93,799	$12.1m0.92%	0.92%	Reduced -1.1k	-1,053 -1.1%
29	ERMENEGILDO ZEGNA N V ORD SHS ZGN	ZGN	857,873	$11.2m0.86%	0.86%	Reduced -187.9k	-187,869 -18.0%
30	SMURFIT WESTROCK PLC SHS SW	SW	206,576	$9.6m0.73%	0.73%	Added +24.4k	+24,390 13.4%
31	CATERPILLAR INC COM CAT	CAT	8,858	$9.4m0.72%	0.72%	Reduced -470	-470 -5.0%
32	WALMART INC COM WMT	WMT	82,035	$9.3m0.71%	0.71%	Reduced -1.7k	-1,675 -2.0%
33	KLA CORP COM NEW KLAC	KLAC	29,953	$9.0m0.69%	0.69%	Added +5.2k	+5,233 21.2%
34	ALPHABET INC CAP STK CL C GOOG	GOOG	25,539	$9.0m0.69%	0.69%	Reduced -1.6k	-1,577 -5.8%
35	ISHARES INC CORE MSCI EMKT IEMG	IEMG	104,249	$8.6m0.66%	0.66%	Reduced -14.3k	-14,279 -12.1%
36	EATON CORP PLC SHS ETN	ETN	19,718	$8.4m0.64%	0.64%	Added +2.7k	+2,738 16.1%
37	RALPH LAUREN CORP CL A RL	RL	20,660	$8.3m0.64%	0.64%	Reduced -9.1k	-9,070 -30.5%
38	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	12,000	$8.2m0.63%	0.63%	Unchanged
39	SHARKNINJA INC COM SHS SN	SN	54,094	$8.2m0.63%	0.63%	Added +21.7k	+21,681 66.9%
40	EXXON MOBIL CORP COM XOM	XOM	58,571	$8.0m0.61%	0.61%	Reduced -22.5k	-22,488 -27.7%
41	COSTCO WHSL CORP NEW COM COST	COST	8,478	$7.9m0.61%	0.61%	Reduced -240	-240 -2.8%
42	ALCON AG ORD SHS ALC	ALC	116,703	$7.9m0.61%	0.61%	Added +165	+165 0.1%
43	COCA COLA CO COM KO	KO	96,290	$7.8m0.60%	0.60%	Reduced -2.4k	-2,375 -2.4%
44	GE AEROSPACE COM NEW GE	GE	20,885	$7.8m0.60%	0.60%	Added +8.5k	+8,539 69.2%
45	WELLS FARGO CO NEW COM WFC	WFC	89,852	$7.4m0.57%	0.57%	Reduced -2.6k	-2,615 -2.8%
46	PROCTER AND GAMBLE CO COM PG	PG	49,489	$7.3m0.56%	0.56%	Reduced -28.1k	-28,126 -36.2%
47	UNITEDHEALTH GROUP INC COM UNH	UNH	16,889	$7.0m0.54%	0.54%	Reduced -7.0k	-6,953 -29.2%
48	AMER SPORTS INC COM SHS AS	AS	198,600	$6.7m0.51%	0.51%	Reduced -18.5k	-18,500 -8.5%
49	MERCADOLIBRE INC COM MELI	MELI	3,870	$6.6m0.50%	0.50%	Reduced -112	-112 -2.8%
50	ADVANCED MICRO DEVICES INC COM AMD	AMD	11,256	$6.5m0.50%	0.50%	Reduced -3.8k	-3,763 -25.1%
51	MARKEL GROUP INC COM MKL	MKL	3,301	$6.4m0.49%	0.49%	Reduced -3	-3 -0.1%
52	XP INC CL A XP	XP	394,299	$6.4m0.49%	0.49%	Added +58.8k	+58,836 17.5%
53	LIFE TIME GROUP HOLDINGS INC COMMON STOCK LTH	LTH	154,300	$6.3m0.48%	0.48%	New
54	ABBVIE INC COM ABBV	ABBV	24,717	$6.2m0.48%	0.48%	Added +13.8k	+13,787 126.1%
55	ROYAL CARIBBEAN GROUP COM RCL	RCL	18,790	$6.0m0.46%	0.46%	Reduced -6.3k	-6,300 -25.1%
56	DISNEY WALT CO COM DIS	DIS	61,659	$5.9m0.45%	0.45%	Added +494	+494 0.8%
57	NETFLIX INC COM NFLX	NFLX	81,811	$5.8m0.45%	0.45%	Added +4.9k	+4,917 6.4%
58	ONESPAWORLD HOLDINGS LIMITED COM OSW	OSW	206,500	$5.8m0.45%	0.45%	Added +23.9k	+23,900 13.1%
59	LEVI STRAUSS & CO NEW CL A COM STK LEVI	LEVI	229,500	$5.7m0.44%	0.44%	Added +91.5k	+91,500 66.3%
60	CARGURUS INC COM CL A CARG	CARG	162,600	$5.5m0.42%	0.42%	Added +108.6k	+108,605 201.1%
61	SPDR SER TR S&P 500 ESG ETF EFIV	EFIV	75,715	$5.5m0.42%	0.42%	Unchanged
62	SCHWAB CHARLES CORP COM SCHW	SCHW	59,343	$5.5m0.42%	0.42%	Reduced -6.1k	-6,069 -9.3%
63	PALO ALTO NETWORKS INC COM PANW	PANW	15,851	$5.4m0.41%	0.41%	Reduced -3.3k	-3,333 -17.4%
64	NEBIUS GROUP N.V. SHS CLASS A NBIS	NBIS	19,523	$5.4m0.41%	0.41%	New
65	DELL TECHNOLOGIES INC CL C DELL	DELL	12,222	$5.3m0.40%	0.40%	Reduced -17.8k	-17,807 -59.3%
66	ISHARES TR 7-10 YR TRSY BD IEF	IEF	55,000	$5.2m0.40%	0.40%	Reduced -13.0k	-13,000 -19.1%
67	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	10,376	$5.2m0.39%	0.39%	Added +4.8k	+4,796 86.0%
68	CONOCOPHILLIPS COM COP	COP	47,046	$4.9m0.37%	0.37%	Reduced -15.7k	-15,653 -25.0%
69	LINDBLAD EXPEDITIONS HLDGS I COM LIND	LIND	172,800	$4.9m0.37%	0.37%	New
70	GE VERNOVA INC COM GEV	GEV	4,144	$4.9m0.37%	0.37%	Added +974	+974 30.7%
71	VERIZON COMMUNICATIONS INC COM VZ	VZ	114,447	$4.8m0.37%	0.37%	Added +5.2k	+5,193 4.8%
72	EOG RES INC COM EOG	EOG	37,252	$4.8m0.37%	0.37%	Reduced -3.3k	-3,303 -8.1%
73	EMERSON ELEC CO COM EMR	EMR	33,651	$4.8m0.37%	0.37%	Reduced -16.4k	-16,355 -32.7%
74	PUBLIC STORAGE COM PSA	PSA	13,787	$4.4m0.34%	0.34%	Reduced -82	-82 -0.6%
75	TERADYNE INC COM TER	TER	8,887	$4.3m0.33%	0.33%	Reduced -261	-261 -2.9%
76	ORACLE CORP COM ORCL	ORCL	28,775	$4.2m0.32%	0.32%	Reduced -586	-586 -2.0%
77	HUNTINGTON BANCSHARES INC COM HBAN	HBAN	237,710	$4.2m0.32%	0.32%	Reduced -121.5k	-121,464 -33.8%
78	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	14,743	$4.1m0.32%	0.32%	Reduced -13.5k	-13,485 -47.8%
79	CAPITAL ONE FINL CORP COM COF	COF	19,886	$4.0m0.31%	0.31%	Added +18.2k	+18,209 1085.8%
80	BANK AMERICA CORP COM BAC	BAC	66,056	$3.8m0.29%	0.29%	Reduced -5.6k	-5,638 -7.9%
81	DBX ETF TR XTRCKR MSCI US USSG	USSG	53,800	$3.7m0.29%	0.29%	Unchanged
82	KEURIG DR PEPPER INC COM KDP	KDP	111,119	$3.6m0.28%	0.28%	Reduced -399	-399 -0.4%
83	WESTERN DIGITAL CORP COM WDC	WDC	5,676	$3.6m0.28%	0.28%	Added +4.3k	+4,342 325.5%
84	LINDE PLC SHS LIN	LIN	6,961	$3.6m0.28%	0.28%	Reduced -6.5k	-6,537 -48.4%
85	GOLDMAN SACHS GROUP INC COM GS	GS	3,571	$3.6m0.28%	0.28%	Added +180	+180 5.3%
86	ARISTA NETWORKS INC COM SHS ANET	ANET	20,980	$3.6m0.27%	0.27%	Added +10.9k	+10,867 107.5%
87	MEDTRONIC PLC SHS MDT	MDT	44,793	$3.5m0.27%	0.27%	Reduced -236	-236 -0.5%
88	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	29,319	$3.4m0.26%	0.26%	Added +9.2k	+9,235 46.0%
89	INTEL CORP COM INTC	INTC	24,242	$3.4m0.26%	0.26%	Reduced -16.4k	-16,448 -40.4%
90	MORGAN STANLEY COM NEW MS	MS	16,081	$3.4m0.26%	0.26%	Reduced -1.2k	-1,240 -7.2%
91	AMERICA MOVIL SAB DE CV SPON ADS RP CL B AMX	AMX	128,322	$3.3m0.26%	0.26%	Unchanged
92	VISTRA CORP COM VST	VST	20,229	$3.2m0.25%	0.25%	Added +16.1k	+16,114 391.6%
93	TEXAS INSTRS INC COM TXN	TXN	10,669	$3.2m0.24%	0.24%	Added +8.1k	+8,139 321.7%
94	US BANCORP DEL COM NEW USB	USB	52,250	$3.2m0.24%	0.24%	Reduced -335	-335 -0.6%
95	AMETEK INC COM AME	AME	12,941	$3.1m0.24%	0.24%	Added +1.8k	+1,785 16.0%
96	ESSEX PPTY TR INC COM ESS	ESS	10,710	$3.1m0.24%	0.24%	Added +2.2k	+2,227 26.2%
97	SOUTHERN CO COM SO	SO	32,305	$3.1m0.24%	0.24%	Reduced -205	-205 -0.6%
98	HALEON PLC SPON ADS HLN	HLN	330,494	$3.1m0.24%	0.24%	Unchanged
99	AMPHENOL CORP CL A APH	APH	16,775	$3.0m0.23%	0.23%	Reduced -14.6k	-14,552 -46.5%
100	DUKE ENERGY CORP NEW COM NEW DUK	DUK	23,364	$3.0m0.23%	0.23%	Reduced -153	-153 -0.7%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TOTALENERGIES SE TTE	TTE	134,440	$12.5m134.4k shares
LAUDER ESTEE COS INC EL	EL	44,300	$3.2m44.3k shares
FISERV INC FISV	FISV	51,790	$2.9m51.8k shares
DANAHER CORPORATION DHR	DHR	11,380	$2.2m11.4k shares
EQUITY RESIDENTIAL VMRK	VMRK	35,222	$2.1m35.2k shares
YUM BRANDS INC YUM	YUM	11,212	$1.7m11.2k shares
IDEX CORP IEX	IEX	9,195	$1.7m9.2k shares
TRIP COM GROUP LTD TCOM	TCOM	27,086	$1.3m27.1k shares
FREEPORT-MCMORAN INC FCX	FCX	21,887	$1.3m21.9k shares
LULULEMON ATHLETICA INC LULU	LULU	7,500	$1.1m7.5k shares
ISHARES TR INDA	INDA	18,820	$881.5k18.8k shares
CADIZ INC CDZI	CDZI	120,000	$589.2k120.0k shares
NISOURCE INC NI	NI	10,207	$476.3k10.2k shares
AON PLC AON	AON	1,472	$475.1k1.5k shares
SMART SH GLOBAL LTD EM	EM	407,649	$460.6k407.6k shares
EQUINIX INC EQIX	EQIX	462	$452.9k462 shares
REGENERON PHARMACEUTICALS REGN	REGN	586	$452.8k586 shares
UNITED STATES ANTIMONY CORP UAMY	UAMY	50,000	$436.5k50.0k shares
OLD DOMINION FREIGHT LINE IN ODFL	ODFL	2,229	$435.5k2.2k shares
WORKDAY INC WDAY	WDAY	3,328	$432.4k3.3k shares
TIM S A TIMB	TIMB	15,000	$397.4k15.0k shares
CANADIAN IMPERIAL BANK OF CO CM	CM	4,200	$396.8k4.2k shares
CENTERPOINT ENERGY INC CNP	CNP	9,102	$392.8k9.1k shares
INTERCONTINENTAL EXCHANGE IN ICE	ICE	2,394	$376.5k2.4k shares
MONDELEZ INTL INC MDLZ	MDLZ	6,527	$376.2k6.5k shares