GAM Holding AG (Form: 13F-HR, Received: 04/22/2025 08:41:14)

FORM 13F INFORMATION TABLE

COLUMN 1	COLUMN 2	COLUMN 3		COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
NAME OF ISSUER	TITLE OF CLASS	CUSIP	FIGI	VALUE (round to nearest dollar)	SHRS OR PRN AMT	SH / PRN	PUT / CALL	INVESTMENT DISCRETION	OTHER MANAGER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	FIGI	VALUE (round to nearest dollar)	SHRS OR PRN AMT	SH / PRN	PUT / CALL	INVESTMENT DISCRETION	OTHER MANAGER	SOLE	SHARED	NONE
ABBOTT LABS	COM	002824100	-	1,352,101	10,193	SH	-	SOLE	1	10,193	0	0
ABBVIE INC	COM	00287Y109	-	1,429,136	6,821	SH	-	SOLE	1	6,821	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	-	1,487,807	4,768	SH	-	SOLE	1	4,768	0	0
ADOBE INC	COM	00724F101	-	6,671,121	17,394	SH	-	SOLE	2	17,394	0	0
ADOBE INC	COM	00724F101	-	1,223,844	3,191	SH	-	SOLE	1	3,191	0	0
AFLAC INC	COM	001055102	-	4,508,866	40,551	SH	-	SOLE	2	40,551	0	0
ALPHABET INC	CAP STK CL A	02079K305	-	21,912,952	141,703	SH	-	SOLE	1	141,703	0	0
ALPHABET INC	CAP STK CL A	02079K305	-	27,713,498	179,213	SH	-	SOLE	2	179,213	0	0
ALPHABET INC	CAP STK CL C	02079K107	-	3,802,013	24,336	SH	-	SOLE	1	24,336	0	0
AMAZON COM INC	COM	023135106	-	12,935,777	67,990	SH	-	SOLE	2	67,990	0	0
AMAZON COM INC	COM	023135106	-	30,375,580	159,653	SH	-	SOLE	1	159,653	0	0
AMER SPORTS INC	COM SHS	G0260P102	-	12,108,690	453,000	SH	-	SOLE	1	453,000	0	0
AMERICAN EXPRESS CO	COM	025816109	-	1,308,121	4,862	SH	-	SOLE	1	4,862	0	0
AMETEK INC	COM	031100100	-	5,632,765	32,722	SH	-	SOLE	2	32,722	0	0
AMPHENOL CORP NEW	CL A	032095101	-	5,131,171	78,231	SH	-	SOLE	2	78,231	0	0
AMPHENOL CORP NEW	CL A	032095101	-	1,285,367	19,597	SH	-	SOLE	1	19,597	0	0
ANALOG DEVICES INC	COM	032654105	-	2,876,016	14,261	SH	-	SOLE	2	14,261	0	0
APPLE INC	COM	037833100	-	28,919,549	130,192	SH	-	SOLE	1	130,192	0	0
APPLE INC	COM	037833100	-	17,570,705	79,101	SH	-	SOLE	2	79,101	0	0
APPLIED MATLS INC	COM	038222105	-	3,473,592	23,936	SH	-	SOLE	2	23,936	0	0
APPLIED MATLS INC	COM	038222105	-	4,160,736	28,671	SH	-	SOLE	1	28,671	0	0
APPLOVIN CORP	COM CL A	03831W108	-	1,376,519	5,195	SH	-	SOLE	2	5,195	0	0
APTIV PLC	COM SHS	G3265R107	-	668,661	11,238	SH	-	SOLE	2	11,238	0	0
ARM HOLDINGS PLC	SPONSORED ADS	042068205	-	2,308,693	21,619	SH	-	SOLE	2	21,619	0	0
ATOUR LIFESTYLE HLDGS LTD	SPONSORED ADS	04965M106	-	2,608,200	92,000	SH	-	SOLE	2	92,000	0	0
AUTODESK INC	COM	052769106	-	3,460,996	13,220	SH	-	SOLE	2	13,220	0	0
AUTOLIV INC	COM	052800109	-	1,176,031	13,296	SH	-	SOLE	1	13,296	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	-	5,904,673	19,326	SH	-	SOLE	2	19,326	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	-	3,932,038	7,383	SH	-	SOLE	2	7,383	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	-	2,906,289	5,457	SH	-	SOLE	1	5,457	0	0
BOOKING HOLDINGS INC	COM	09857L108	-	10,913,770	2,369	SH	-	SOLE	2	2,369	0	0
BOOZ ALLEN HAMILTON HLDG COR	CL A	099502106	-	1,965,477	18,794	SH	-	SOLE	2	18,794	0	0
BORGWARNER INC	COM	099724106	-	1,183,933	41,324	SH	-	SOLE	1	41,324	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	-	2,802,043	27,776	SH	-	SOLE	2	27,776	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	-	11,251,984	184,489	SH	-	SOLE	2	184,489	0	0
BROADCOM INC	COM	11135F101	-	5,063,920	30,245	SH	-	SOLE	2	30,245	0	0
BROADCOM INC	COM	11135F101	-	13,148,613	78,532	SH	-	SOLE	1	78,532	0	0
BROWN & BROWN INC	COM	115236101	-	1,430,227	11,497	SH	-	SOLE	1	11,497	0	0
BWX TECHNOLOGIES INC	COM	05605H100	-	2,295,684	23,271	SH	-	SOLE	2	23,271	0	0
CADENCE DESIGN SYSTEM INC	COM	127387108	-	6,151,734	24,188	SH	-	SOLE	2	24,188	0	0
CAPRI HOLDINGS LIMITED	SHS	G1890L107	-	6,785,147	343,900	SH	-	SOLE	1	343,900	0	0
CATERPILLAR INC	COM	149123101	-	3,733,666	11,321	SH	-	SOLE	2	11,321	0	0
CATERPILLAR INC	COM	149123101	-	1,157,928	3,511	SH	-	SOLE	1	3,511	0	0
CBOE GLOBAL MKTS INC	COM	12503M108	-	1,541,035	6,810	SH	-	SOLE	2	6,810	0	0
CF INDS HLDGS INC	COM	125269100	-	743,910	9,519	SH	-	SOLE	2	9,519	0	0
CHEVRON CORP NEW	COM	166764100	-	1,872,477	11,193	SH	-	SOLE	1	11,193	0	0
CHURCH & DWIGHT CO INC	COM	171340102	-	1,249,301	11,348	SH	-	SOLE	1	11,348	0	0
CITIZENS FINL GROUP INC	COM	174610105	-	1,280,763	31,261	SH	-	SOLE	1	31,261	0	0
COCA COLA CO	COM	191216100	-	4,737,377	66,146	SH	-	SOLE	2	66,146	0	0
COCA COLA CO	COM	191216100	-	1,736,499	24,246	SH	-	SOLE	1	24,246	0	0
COLGATE PALMOLIVE CO	COM	194162103	-	1,281,160	13,673	SH	-	SOLE	1	13,673	0	0
CONOCOPHILLIPS	COM	20825C104	-	1,724,008	16,416	SH	-	SOLE	1	16,416	0	0
CONOCOPHILLIPS	COM	20825C104	-	9,536,446	90,806	SH	-	SOLE	2	90,806	0	0
COPART INC	COM	217204106	-	1,657,917	29,297	SH	-	SOLE	2	29,297	0	0
CORPAY INC	COM SHS	219948106	-	1,914,473	5,490	SH	-	SOLE	2	5,490	0	0
CORTEVA INC	COM	22052L104	-	1,072,768	17,047	SH	-	SOLE	2	17,047	0	0
COSTCO WHSL CORP NEW	COM	22160K105	-	9,463,475	10,006	SH	-	SOLE	1	10,006	0	0
COSTCO WHSL CORP NEW	COM	22160K105	-	6,372,666	6,738	SH	-	SOLE	2	6,738	0	0
CROWDSTRIKE HLDGS INC	CL A	22788C105	-	2,127,115	6,033	SH	-	SOLE	2	6,033	0	0
DANAHER CORPORATION	COM	235851102	-	2,982,135	14,547	SH	-	SOLE	2	14,547	0	0
DARDEN RESTAURANTS INC	COM	237194105	-	1,438,530	6,924	SH	-	SOLE	2	6,924	0	0
DARLING INGREDIENTS INC	COM	237266101	-	970,533	31,067	SH	-	SOLE	2	31,067	0	0
DEERE & CO	COM	244199105	-	1,773,204	3,778	SH	-	SOLE	2	3,778	0	0
DEXCOM INC	COM	252131107	-	763,277	11,177	SH	-	SOLE	2	11,177	0	0
DISNEY WALT CO	COM	254687106	-	1,265,137	12,818	SH	-	SOLE	1	12,818	0	0
DISNEY WALT CO	COM	254687106	-	10,578,469	107,178	SH	-	SOLE	2	107,178	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	-	1,872,118	15,349	SH	-	SOLE	2	15,349	0	0
DYNATRACE INC	COM NEW	268150109	-	1,649,731	34,989	SH	-	SOLE	2	34,989	0	0
EATON CORP PLC	SHS	G29183103	-	3,195,362	11,755	SH	-	SOLE	2	11,755	0	0
ELECTRONIC ARTS INC	COM	285512109	-	8,742,159	60,491	SH	-	SOLE	2	60,491	0	0
ELEVANCE HEALTH INC	COM	036752103	-	5,400,898	12,417	SH	-	SOLE	2	12,417	0	0
ELI LILLY & CO	COM	532457108	-	11,867,501	14,369	SH	-	SOLE	2	14,369	0	0
ELI LILLY & CO	COM	532457108	-	17,364,758	21,025	SH	-	SOLE	1	21,025	0	0
EMERSON ELEC CO	COM	291011104	-	7,326,035	66,819	SH	-	SOLE	2	66,819	0	0
EOG RES INC	COM	26875P101	-	8,049,497	62,769	SH	-	SOLE	2	62,769	0	0
ERMENEGILDO ZEGNA N V	ORD SHS	N30577105	-	5,234,294	707,337	SH	-	SOLE	1	707,337	0	0
ESSEX PPTY TR INC	COM	297178105	-	2,337,290	7,624	SH	-	SOLE	1	7,624	0	0
EXXON MOBIL CORP	COM	30231G102	-	13,680,161	115,027	SH	-	SOLE	2	115,027	0	0
EXXON MOBIL CORP	COM	30231G102	-	2,636,083	22,165	SH	-	SOLE	1	22,165	0	0
FAIR ISAAC CORP	COM	303250104	-	1,244,808	675	SH	-	SOLE	2	675	0	0
FISERV INC	COM	337738108	-	21,964,414	99,463	SH	-	SOLE	2	99,463	0	0
FORTINET INC	COM	34959E109	-	3,695,133	38,387	SH	-	SOLE	2	38,387	0	0
FULL TRUCK ALLIANCE CO LTD	SPONSORED ADS	35969L108	-	4,544,537	355,876	SH	-	SOLE	1	355,876	0	0
FULL TRUCK ALLIANCE CO LTD	SPONSORED ADS	35969L108	-	638,500	50,000	SH	-	SOLE	2	50,000	0	0
FUTU HLDGS LTD	SPON ADS CL A	36118L106	-	869,975	8,500	SH	-	SOLE	2	8,500	0	0
GALLAGHER ARTHUR J & CO	COM	363576109	-	4,831,289	13,994	SH	-	SOLE	2	13,994	0	0
GARTNER INC	COM	366651107	-	2,766,926	6,592	SH	-	SOLE	2	6,592	0	0
GE AEROSPACE	COM NEW	369604301	-	4,260,993	21,289	SH	-	SOLE	2	21,289	0	0
GE AEROSPACE	COM NEW	369604301	-	1,378,233	6,886	SH	-	SOLE	1	6,886	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	-	834,185	1,527	SH	-	SOLE	1	1,527	0	0
HALEON PLC	SPON ADS	405552100	-	6,856,350	666,312	SH	-	SOLE	2	666,312	0	0
HDFC BANK LTD	SPONSORED ADS	40415F101	-	3,322,000	50,000	SH	-	SOLE	2	50,000	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	-	3,177,736	13,965	SH	-	SOLE	2	13,965	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	-	11,570,235	50,847	SH	-	SOLE	1	50,847	0	0
HOME DEPOT INC	COM	437076102	-	2,247,317	6,132	SH	-	SOLE	1	6,132	0	0
HOME DEPOT INC	COM	437076102	-	3,741,863	10,210	SH	-	SOLE	2	10,210	0	0
HONEYWELL INTL INC	COM	438516106	-	1,234,291	5,829	SH	-	SOLE	1	5,829	0	0
HONEYWELL INTL INC	COM	438516106	-	3,411,504	16,111	SH	-	SOLE	2	16,111	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	-	7,549,550	502,968	SH	-	SOLE	2	502,968	0	0
ICICI BANK LIMITED	ADR	45104G104	-	3,622,121	114,915	SH	-	SOLE	2	114,915	0	0
IDEXX LABS INC	COM	45168D104	-	2,162,323	5,149	SH	-	SOLE	2	5,149	0	0
INFOSYS LTD	SPONSORED ADR	456788108	-	7,063,845	387,060	SH	-	SOLE	2	387,060	0	0
INGERSOLL RAND INC	COM	45687V106	-	1,595,558	19,937	SH	-	SOLE	2	19,937	0	0
INTUIT	COM	461202103	-	3,622,541	5,900	SH	-	SOLE	2	5,900	0	0
INTUIT	COM	461202103	-	8,607,526	14,019	SH	-	SOLE	1	14,019	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	-	6,678,716	13,485	SH	-	SOLE	2	13,485	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	-	5,608,933	11,325	SH	-	SOLE	1	11,325	0	0
IQVIA HLDGS INC	COM	46266C105	-	1,281,348	7,268	SH	-	SOLE	2	7,268	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	-	1,694,207	32,910	SH	-	SOLE	2	32,910	0	0
JOHNSON & JOHNSON	COM	478160104	-	8,359,994	50,410	SH	-	SOLE	2	50,410	0	0
JPMORGAN CHASE & CO.	COM	46625H100	-	10,502,520	42,815	SH	-	SOLE	2	42,815	0	0
JPMORGAN CHASE & CO.	COM	46625H100	-	3,980,974	16,229	SH	-	SOLE	1	16,229	0	0
KANZHUN LIMITED	SPONSORED ADS	48553T106	-	2,396,250	125,000	SH	-	SOLE	2	125,000	0	0
KEURIG DR PEPPER INC	COM	49271V100	-	7,404,079	216,367	SH	-	SOLE	2	216,367	0	0
KEYCORP	COM	493267108	-	1,392,377	87,078	SH	-	SOLE	1	87,078	0	0
KLA CORP	COM NEW	482480100	-	1,762,042	2,592	SH	-	SOLE	2	2,592	0	0
LAM RESEARCH CORP	COM NEW	512807306	-	4,375,958	60,192	SH	-	SOLE	1	60,192	0	0
LAM RESEARCH CORP	COM NEW	512807306	-	3,380,768	46,503	SH	-	SOLE	2	46,503	0	0
LANTHEUS HLDGS INC	COM	516544103	-	769,283	7,882	SH	-	SOLE	2	7,882	0	0
LEAR CORP	COM NEW	521865204	-	1,420,518	16,102	SH	-	SOLE	1	16,102	0	0
LINDE PLC	SHS	G54950103	-	6,858,412	14,729	SH	-	SOLE	2	14,729	0	0
LINDE PLC	SHS	G54950103	-	24,441,444	52,490	SH	-	SOLE	1	52,490	0	0
LIVE NATION ENTERTAINMENT IN	COM	538034109	-	1,088,907	8,339	SH	-	SOLE	2	8,339	0	0
LOWES COS INC	COM	548661107	-	1,228,656	5,268	SH	-	SOLE	1	5,268	0	0
LULULEMON ATHLETICA INC	COM	550021109	-	1,075,628	3,800	SH	-	SOLE	2	3,800	0	0
MARKEL GROUP INC	COM	570535104	-	12,221,641	6,537	SH	-	SOLE	2	6,537	0	0
MARRIOTT INTL INC NEW	CL A	571903202	-	11,176,344	46,920	SH	-	SOLE	1	46,920	0	0
MARTIN MARIETTA MATLS INC	COM	573284106	-	705,720	1,476	SH	-	SOLE	1	1,476	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	-	14,532,854	26,514	SH	-	SOLE	2	26,514	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	-	2,073,538	3,783	SH	-	SOLE	1	3,783	0	0
MEDTRONIC PLC	SHS	G5960L103	-	7,806,228	86,871	SH	-	SOLE	2	86,871	0	0
MERCK & CO INC	COM	58933Y105	-	11,299,617	125,887	SH	-	SOLE	2	125,887	0	0
META PLATFORMS INC	CL A	30303M102	-	34,880,731	60,519	SH	-	SOLE	2	60,519	0	0
META PLATFORMS INC	CL A	30303M102	-	6,131,894	10,639	SH	-	SOLE	1	10,639	0	0
MICROSOFT CORP	COM	594918104	-	38,883,272	103,581	SH	-	SOLE	2	103,581	0	0
MICROSOFT CORP	COM	594918104	-	34,454,420	91,783	SH	-	SOLE	1	91,783	0	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	-	4,243,692	9,693	SH	-	SOLE	2	9,693	0	0
MSCI INC	COM	55354G100	-	2,996,585	5,299	SH	-	SOLE	2	5,299	0	0
NASDAQ INC	COM	631103108	-	6,375,578	84,044	SH	-	SOLE	2	84,044	0	0
NETFLIX INC	COM	64110L106	-	7,853,768	8,422	SH	-	SOLE	1	8,422	0	0
NETFLIX INC	COM	64110L106	-	12,959,369	13,897	SH	-	SOLE	2	13,897	0	0
NEXTERA ENERGY INC	COM	65339F101	-	3,957,647	55,828	SH	-	SOLE	2	55,828	0	0
NIKE INC	CL B	654106103	-	4,328,447	68,186	SH	-	SOLE	2	68,186	0	0
NORTHROP GRUMMAN CORP	COM	666807102	-	1,197,079	2,338	SH	-	SOLE	1	2,338	0	0
NVIDIA CORPORATION	COM	67066G104	-	31,844,212	293,820	SH	-	SOLE	1	293,820	0	0
NVIDIA CORPORATION	COM	67066G104	-	22,063,025	203,571	SH	-	SOLE	2	203,571	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	-	5,632,428	29,635	SH	-	SOLE	2	29,635	0	0
ON HLDG AG	NAMEN AKT A	H5919C104	-	8,182,296	186,300	SH	-	SOLE	1	186,300	0	0
ONESPAWORLD HOLDINGS LIMITED	COM	P73684113	-	9,788,570	583,000	SH	-	SOLE	1	583,000	0	0
ORACLE CORP	COM	68389X105	-	23,614,049	168,901	SH	-	SOLE	2	168,901	0	0
ORACLE CORP	COM	68389X105	-	1,369,299	9,794	SH	-	SOLE	1	9,794	0	0
PALO ALTO NETWORKS INC	COM	697435105	-	2,885,693	16,911	SH	-	SOLE	2	16,911	0	0
PAYPAL HLDGS INC	COM	70450Y103	-	3,363,833	51,553	SH	-	SOLE	1	51,553	0	0
PEPSICO INC	COM	713448108	-	1,711,265	11,413	SH	-	SOLE	1	11,413	0	0
PHILIP MORRIS INTL INC	COM	718172109	-	2,340,791	14,747	SH	-	SOLE	1	14,747	0	0
PPG INDS INC	COM	693506107	-	1,646,702	15,059	SH	-	SOLE	1	15,059	0	0
PROCTER AND GAMBLE CO	COM	742718109	-	2,292,490	13,452	SH	-	SOLE	1	13,452	0	0
PROCTER AND GAMBLE CO	COM	742718109	-	17,697,094	103,844	SH	-	SOLE	2	103,844	0	0
PROGRESSIVE CORP	COM	743315103	-	7,788,435	27,520	SH	-	SOLE	2	27,520	0	0
PROGRESSIVE CORP	COM	743315103	-	1,366,655	4,829	SH	-	SOLE	1	4,829	0	0
PTC INC	COM	69370C100	-	1,998,080	12,895	SH	-	SOLE	2	12,895	0	0
PTC INC	COM	69370C100	-	2,843,797	18,353	SH	-	SOLE	1	18,353	0	0
PUBLIC STORAGE OPER CO	COM	74460D109	-	8,004,810	26,746	SH	-	SOLE	2	26,746	0	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	-	1,601,393	19,458	SH	-	SOLE	2	19,458	0	0
RALPH LAUREN CORP	CL A	751212101	-	12,813,957	58,050	SH	-	SOLE	1	58,050	0	0
REGIONS FINANCIAL CORP NEW	COM	7591EP100	-	748,338	34,438	SH	-	SOLE	1	34,438	0	0
RENEW ENERGY GLOBAL PLC	CL A SHS	G7500M104	-	942,400	160,000	SH	-	SOLE	2	160,000	0	0
REPUBLIC SVCS INC	COM	760759100	-	3,569,923	14,742	SH	-	SOLE	2	14,742	0	0
ROCKWELL AUTOMATION INC	COM	773903109	-	1,271,230	4,920	SH	-	SOLE	1	4,920	0	0
ROYAL CARIBBEAN GROUP	COM	V7780T103	-	7,063,027	34,380	SH	-	SOLE	1	34,380	0	0
S&P GLOBAL INC	COM	78409V104	-	3,130,912	6,162	SH	-	SOLE	2	6,162	0	0
SALESFORCE INC	COM	79466L302	-	1,519,991	5,664	SH	-	SOLE	1	5,664	0	0
SCHLUMBERGER LTD	COM STK	806857108	-	1,380,445	33,025	SH	-	SOLE	1	33,025	0	0
SCHWAB CHARLES CORP	COM	808513105	-	15,046,121	192,209	SH	-	SOLE	2	192,209	0	0
SEMPRA	COM	816851109	-	1,437,404	20,143	SH	-	SOLE	2	20,143	0	0
SERVICENOW INC	COM	81762P102	-	4,600,097	5,778	SH	-	SOLE	1	5,778	0	0
SERVICENOW INC	COM	81762P102	-	4,672,546	5,869	SH	-	SOLE	2	5,869	0	0
SHARKNINJA INC	COM SHS	G8068L108	-	9,811,018	117,624	SH	-	SOLE	1	117,624	0	0
SOUTHERN CO	COM	842587107	-	2,483,202	27,006	SH	-	SOLE	2	27,006	0	0
SPOTIFY TECHNOLOGY S A	SHS	L8681T102	-	2,768,301	5,033	SH	-	SOLE	2	5,033	0	0
STARBUCKS CORP	COM	855244109	-	1,795,832	18,308	SH	-	SOLE	1	18,308	0	0
STRYKER CORPORATION	COM	863667101	-	5,958,978	16,008	SH	-	SOLE	2	16,008	0	0
SYNOPSYS INC	COM	871607107	-	1,534,425	3,578	SH	-	SOLE	2	3,578	0	0
SYSCO CORP	COM	871829107	-	1,515,433	20,195	SH	-	SOLE	2	20,195	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	-	8,916,026	53,711	SH	-	SOLE	1	53,711	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	-	3,448,318	20,773	SH	-	SOLE	2	20,773	0	0
TAL EDUCATION GROUP	SPONSORED ADS	874080104	-	4,121,520	312,000	SH	-	SOLE	2	312,000	0	0
TAPESTRY INC	COM	876030107	-	10,737,525	152,500	SH	-	SOLE	1	152,500	0	0
TE CONNECTIVITY PLC	ORD SHS	G87052109	-	7,585,351	53,675	SH	-	SOLE	2	53,675	0	0
TEXAS INSTRS INC	COM	882508104	-	2,951,033	16,422	SH	-	SOLE	2	16,422	0	0
TEXAS INSTRS INC	COM	882508104	-	1,317,021	7,329	SH	-	SOLE	1	7,329	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	-	1,203,197	2,418	SH	-	SOLE	1	2,418	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	-	4,927,235	9,902	SH	-	SOLE	2	9,902	0	0
TJX COS INC NEW	COM	872540109	-	1,318,363	10,824	SH	-	SOLE	1	10,824	0	0
TRADEWEB MKTS INC	CL A	892672106	-	1,320,552	8,895	SH	-	SOLE	2	8,895	0	0
TRIP COM GROUP LTD	ADS	89677Q107	-	3,337,632	52,495	SH	-	SOLE	1	52,495	0	0
UBER TECHNOLOGIES INC	COM	90353T100	-	4,426,099	60,748	SH	-	SOLE	2	60,748	0	0
UBER TECHNOLOGIES INC	COM	90353T100	-	2,723,798	37,384	SH	-	SOLE	1	37,384	0	0
UNION PAC CORP	COM	907818108	-	2,578,323	10,914	SH	-	SOLE	2	10,914	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	-	5,812,642	52,847	SH	-	SOLE	2	52,847	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	-	9,363,079	17,877	SH	-	SOLE	2	17,877	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	-	6,904,073	13,182	SH	-	SOLE	1	13,182	0	0
US BANCORP DEL	COM NEW	902973304	-	4,590,243	108,722	SH	-	SOLE	2	108,722	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	-	11,431,383	22,250	SH	-	SOLE	2	22,250	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	-	1,398,410	31,000	SH	-	SOLE	2	31,000	0	0
VENTAS INC	COM	92276F100	-	1,681,182	24,450	SH	-	SOLE	1	24,450	0	0
VERISK ANALYTICS INC	COM	92345Y106	-	5,604,780	18,832	SH	-	SOLE	2	18,832	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	-	5,354,837	11,045	SH	-	SOLE	2	11,045	0	0
VIKING HOLDINGS LTD	ORD SHS	G93A5A101	-	12,958,540	326,001	SH	-	SOLE	1	326,001	0	0
VISA INC	COM CL A	92826C839	-	11,735,504	33,486	SH	-	SOLE	1	33,486	0	0
VISA INC	COM CL A	92826C839	-	20,737,419	59,172	SH	-	SOLE	2	59,172	0	0
WALMART INC	COM	931142103	-	2,051,477	23,368	SH	-	SOLE	1	23,368	0	0
WARNER BROS DISCOVERY INC	COM SER A	934423104	-	4,257,482	396,783	SH	-	SOLE	2	396,783	0	0
WATERS CORP	COM	941848103	-	1,282,255	3,479	SH	-	SOLE	2	3,479	0	0
WELLTOWER INC	COM	95040Q104	-	1,706,147	11,136	SH	-	SOLE	1	11,136	0	0
WIPRO LTD	SPON ADR 1 SH	97651M109	-	1,836,000	600,000	SH	-	SOLE	2	600,000	0	0
WNS HLDGS LTD	COM SHS	G98196101	-	1,537,250	25,000	SH	-	SOLE	2	25,000	0	0

	UNITED STATES SECURITIES AND EXCHANGE COMMISSION	OMB APPROVAL
	Washington, D.C. 20549 FORM 13F	OMB Number: 3235-0006 Estimated average burden hours per response: 23.8

Check here if Amendment:		Amendment Number:
This Amendment (Check only one.):		is a restatement.
		adds new holdings entries.

Name:	GAM Holding AG
Address:	Hardstrasse 201
	Zurich	V8	8037

Form 13F File Number:		028-13808
CRD Number (if applicable):
SEC File Number (if applicable):

Name:	David Kemp
Title:	Group Head Legal & Compliance
Phone:	44-0-20-7917-2404

Institutional Investment Manager Filing this Report:

Person Signing this Report on Behalf of Reporting Manager:

Signature, Place, and Date of Signing:

Report Type (Check only one.):

Form 13F Summary Page

Report Summary:

List of Other Included Managers:

FORM 13F INFORMATION TABLE

/s/ David Kemp	London, UNITED KINGDOM	04-22-2025
[Signature]	[City, State]	[Date]

Number of Other Included Managers:	2
Form 13F Information table Entry Total:	217
Form 13F Information table Value Total:	1,289,390,579
	(round to nearest dollar)

No.	Name	Form 13F File Number	CRD No. (if applicable)	SEC File No. (if applicable)	CIK
1	GAM INTERNATIONAL MANAGEMENT LTD		000110670	801-22307	0001229918
2	GAM Investment Management (Switzerland) AG