Swiss Private Bank UBP Discloses $10.3B US Equity Portfolio Heavy on AI Leaders
UBP filed its Q3 13F showing over $10 billion in US equities, with Microsoft, Nvidia, and Meta as top AI-related holdings.
Swiss private bank Union Bancaire Privée (UBP) has filed its Form 13F-HR with the U.S. Securities and Exchange Commission (SEC) for the quarter ended September 30, 2026. The filing discloses $10.33 billion in reportable U.S. equity securities. It is important to note that this figure represents only the market value of specific stocks held in U.S. markets as of the quarter-end snapshot; it does not reflect the bank's total Assets Under Management (AUM), which remains undisclosed in this form.
The portfolio reveals substantial exposure to the artificial intelligence sector. Key holdings include Microsoft ($1.88 billion), Apple ($416 million), Alphabet ($528 million across Class A and C shares), Amazon ($309 million), and Meta Platforms ($234 million). In the semiconductor space, UBP holds significant positions in Nvidia ($442 million), Broadcom ($229 million), Advanced Micro Devices ($59 million), and Intel ($55 million). Other notable tech holdings include Adobe, Salesforce, ServiceNow, and Palantir Technologies.
This disclosure highlights how major international wealth managers are positioning capital within the AI ecosystem. However, readers should interpret these figures cautiously. 13F filings provide a lagged view of institutional sentiment and do not capture short-term trading activity, derivatives beyond certain thresholds, or non-U.S. assets. The presence of these stocks confirms UBP's investment thesis at the end of Q3 but does not indicate current real-time positions.