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    SEC Form 13F-HR filed by UBS Group AG Registered

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    SEC FORM 13F-HR

    The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
    The reader should not assume that the information is accurate and complete.

    UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM 13F

    FORM 13F COVER PAGE

    OMB APPROVAL
    OMB Number: 3235-0006
    Estimated average burden
    hours per response: 23.8

    Report for the Calendar Year or Quarter Ended: 09-30-2025
    Check here if Amendment    Amendment Number:
    This Amendment (Check only one.):    is a restatement.
       adds new holdings entries.
    Institutional Investment Manager Filing this Report:
    Name: UBS Group AG
    Address: BAHNHOFSTRASSE 45
    Zurich, V8  CH-8001
    Form 13F File Number: 028-16612
    CRD Number (if applicable):
    SEC File Number (if applicable):

    The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

    Person Signing this Report on Behalf of Reporting Manager:
    Name: Andrew Johnson
    Title: Head Group Shareholding Reporting
    Phone: (615) 393-7153
    Signature, Place, and Date of Signing:
    /s/ Andrew Johnson Nashville,  TN 11-13-2025
    [Signature] [City, State] [Date]
    Report Type (Check only one.):
       13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
       13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
    X 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
    List of Other Managers Reporting for this Manager:
    [If there are no entries in this list, omit this section.]
    Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
    UBS AM, a distinct business unit of UBS Asset Management Americas LLC 028-02682      
    OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 028-06327      
    Form 13F Summary Page
    Report Summary:
    Number of Other Included Managers: 12
    Form 13F Information Table Entry Total: 22,854
    Form 13F Information Table Value Total: 638,366,556,794
    (round to nearest dollar)
    List of Other Included Managers:
    Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
    [If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
    No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
    1 UBS Financial Services Inc 028-11496      
    4 Credit Suisse International 028-11516      
    8 Credit Suisse Hedging-Griffo Wealth Management S.A. 028-13460      
    30 UBS AG 028-10396      
    31 UBS Switzerland AG 028-21410      
    34 UBS Europe SE 028-21431      
    35 UBS Bank (Canada) 028-22388      
    39 UBS La Maison de Gestion 028-21440      
    40 UBS Securities LLC 028-21410      
    43 UBS Brasil Administradora de Valores Mobiliarios Ltda 028-21429      
    44 UBS (Monaco) S.A. 028-22657      
    61 UBS SuMi TRUST Wealth Management Co., Ltd. 028-25092      

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