Pictet Asset Management's Q1 and Q2 2021 13F Holdings: Which Stocks did They Buy and Sell?

As an investor, it’s important to know what stocks top asset management firms are buying and selling. This information can help you make more informed investment decisions. One such firm is Pictet Asset Management, which recently released its 13F holdings for the first and second quarters of 2021. In this blog post, we’ll look at which stocks Pictet bought and sold during these two quarters.

First, let’s take a brief look at Pictet Asset Management. It is one of the largest independent asset managers in Europe, with over 700 investment professionals in 17 countries. The firm manages assets for institutional clients, such as pension funds and insurance companies, as well as for private individuals.

Now, let’s dive into Pictet’s 13F holdings for Q1 and Q2 of 2021. The first thing to note is that Pictet increased its total value of shares from $20.2 billion in Q1 to $22.8 billion in Q2. It also increased its number of shares from 103 million in Q1 to 113 million in Q2.

One of the top stocks that Pictet increased its holdings in is Thermo Fisher Scientific (TMO). The firm added over 260,000 shares of TMO, bringing its total holdings to over 3 million shares. This makes TMO one of the top holdings in Pictet’s portfolio. Another stock that Pictet added to its portfolio is Microsoft (MSFT), increasing its holdings by over 37,000 shares.

On the other hand, Pictet reduced its holdings in some of its top stocks, including Apple (AAPL), NXP Semiconductors (NXPI), and Equinix (EQIX). The firm reduced its AAPL holdings by over 110,000 shares and its NXPI holdings by over 170,000 shares. Pictet’s decision to reduce its holdings in these stocks could indicate a change in the firm’s outlook on these companies.

Interestingly, Pictet also added several new stocks to its portfolio during Q2, including Waste Connections (WCN), Fortinet (FTNT), and Generac Holdings (GNRC). These new additions could be an indication that Pictet is moving into new industries, such as waste management and cybersecurity.

Overall, Pictet Asset Management’s Q1 and Q2 13F holdings show a mix of buying and selling activity, as well as new additions to its portfolio. As an investor, it’s important to monitor the holdings of top asset managers like Pictet, but it’s also important to do your own research and make investment decisions that align with your own goals and risk tolerance.