PICTET ASSET MANAGEMENT LTD

CIK 0001291274 · Q2 2021

13F Equity AUM

$91.8T

+110204.6% QoQ

Positions

1,735

-36 QoQ

AUM Rank

—

Skill Alpha (FF)

+1.5%/yr^ns

No Clear Edge

Rank #1,613 · Top 19%

vs S&P +1.1%/yr (unadj.)

Quarters Tracked

~8 years

Portfolio Concentration

Top 5: 7.0%Top 10: 12.4%Top 20: 21.7%

TMO1.7%

MSFT1.5%

AAPL1.5%

NXPI1.2%

PYPL1.1%

AMZN1.1%

DHR1.1%

SNPS1.1%

EQIX1.1%

AWC1.1%

Others (1725)87.5%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Technology27.5%

Healthcare15.6%

Industrials13.0%

Consumer Cyclical9.8%

Utilities8.6%

Financial Services6.9%

Communication Services6.1%

Real Estate3.5%

Other8.9%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 1735Median: 0.01%Avg: 0.06%

0–0.5%

1696(66.5%)

0.5–1%

27(19.1%)

1–3%

12(14.5%)

3–5%

0(0.0%)

5%+

0(0.0%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 1,664Unique: 71vs 20 funds

34.4%Moderate

1,735

Fund positions

4,767

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 4 benchmark funds with highest portfolio overlap (Jaccard similarity)

PARAMETRIC PORTFOLIO ASSOCIATES LLC

38.5%

EATON VANCE MANAGEMENT

50.5%

Marshall Wace North America L.P.

31%

Cheyne Capital Management (UK) LLP

0.6%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

Loading overlap analysis...

Position Changes This Quarter

New103Increased615Decreased858Exited142

New Positions

MRVL0.3%

+4.1M

OTLY0.1%

+2.8M

JTKWY0.1%

+636K

RERE0.1%

+3.0M

GPOR0.0%

+605K

YMM0.0%

+1.2M

DISH 3.375 08/15/260.0%

+500K

FYBR0.0%

+595K

VAL-WT0.0%

+177K

NOBLE CORP NEW0.0%

+193K

Increased

VIPS0.2%

+6.7M(+336%)

35V0.0%

+4.2M(+58%)

JCI1.0%

+2.9M(+27%)

GEN0.2%

+2.6M(+60%)

WRKUSD0.4%

+2.6M(+62%)

SHLS0.1%

+2.2M(+176%)

IP0.2%

+2.2M(+151%)

AFMD0.0%

+2.1M(+210%)

IM8N0.1%

+2.0M(+390%)

FE0.2%

+1.8M(+71%)

Decreased

UBS0.5%

-4,977,788(-15%)

NEW ORIENTAL ED &amp…0.1%

-4,513,402(-29%)

MFS1EUR0.1%

-4,097,446(-60%)

AQN0.0%

-2,710,918(-91%)

BABA0.0%

-2,474,414(-80%)

INTC0.5%

-1,642,767(-16%)

AUPH0.0%

-1,636,862(-43%)

TIP0.0%

-1,603,360(-99%)

GBTUSD0.0%

-1,382,087(-55%)

BSY0.1%

-1,378,542(-66%)

Exited

MRVL

-2,692,069

CCXIEUR

-1,222,487

IAC INTERACTIVECORP …

-239,933

-210,061

-1,907,924

-2,689,763

-190,233

-114,385

AMARIN CORP PLC

-1,757,999

VAREUR

-60,290

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...