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
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 03-31-2022
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: VONTOBEL ASSET MANAGEMENT INC
Address: 1540 Broadway
38th Floor
NEW YORK , NY10036
Form 13F File Number: 028-04490

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: Joseph Mastoloni
Title: Chief Compliance Officer
Phone: 212-804-9351
Signature, Place, and Date of Signing:
/s/ Joseph Mastoloni New York , NY 05-16-2022
[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).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 3
Form 13F Information Table Entry Total: 60
Form 13F Information Table Value Total: 15,103,975
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
028-00085 Virtus Investment Advisers, Inc.
028-21179 BANK VONTOBEL AG
028-00598 PENN MUTUAL LIFE INSURANCE CO

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. Form 13F File Number Name
1 028-00085 Virtus Investment Advisers, Inc.
2 028-21179 BANK VONTOBEL AG
3 028-00598 PENN MUTUAL LIFE INSURANCE CO


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 INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBOTT LABS COM 002824100 226,540 1,829,338 SH OTR 123 934,626 26,907 867,805
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 10,995 36,165 SH OTR 123 0 1,037 35,128
ADOBE SYSTEMS INCORPORATED COM 00724F101 461,215 967,372 SH OTR 123 516,116 15,735 435,521
ALPHABET INC CAP STK CL C 02079K107 762,860 260,737 SH OTR 123 139,776 4,250 116,711
AMAZON COM INC COM 023135106 1,063,365 311,475 SH OTR 123 164,156 4,938 142,381
AMERICAN TOWER CORP NEW COM 03027X100 360 1,440 SH DFND 2 0 0 1,440
APPLE INC COM 037833100 24,830 142,209 SH DFND 2 142,209 0 0
BANCOLOMBIA S A SPON ADR PREF 05968L102 29,160 699,327 SH OTR 123 233,952 240,521 224,854
BAOZUN INC SPONSORED ADR 06684L103 21,830 2,584,516 SH OTR 123 897,015 858,381 829,120
BECTON DICKINSON & CO COM 075887109 518,030 1,860,813 SH OTR 123 958,884 27,766 874,163
BOOKING HOLDINGS INC COM 09857L108 433,925 177,014 SH OTR 123 91,670 2,842 82,502
BOSTON SCIENTIFIC CORP COM 101137107 603,780 13,013,297 SH OTR 123 7,011,579 217,587 5,784,131
CASEYS GEN STORES INC COM 147528103 223,490 1,085,909 SH DFND 2 334,860 0 751,049
CME GROUP INC COM 12572Q105 930,430 3,733,312 SH OTR 123 2,036,391 64,063 1,632,858
COCA COLA CO COM 191216100 861,920 13,271,641 SH OTR 123 7,145,252 219,606 5,906,783
COCA-COLA FEMSA SAB DE CV SPONSORD ADR REP 191241108 1,915 34,825 SH DFND 2 34,825 0 0
COMCAST CORP NEW CL A 20030N101 285,290 5,867,274 SH DFND 2 1,813,448 0 4,053,826
COPART INC COM 217204106 136,595 1,048,350 SH DFND 2 325,057 0 723,293
DISNEY WALT CO COM 254687106 70,350 493,908 SH DFND 2 152,821 0 341,087
DOLLAR GEN CORP NEW COM 256677105 223,550 966,772 SH DFND 2 299,127 0 667,645
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 15,250 184,096 SH DFND 2 184,096 0 0
GENUINE PARTS CO COM 372460105 605 4,798 SH DFND 2 0 0 4,798
GRACO INC COM 384109104 102,820 1,420,003 SH DFND 2 437,822 0 982,181
HDFC BANK LTD SPONSORED ADS 40415F101 74,930 899,044 SH DFND 2 899,044 0 0
HOME DEPOT INC COM 437076102 99,940 321,485 SH DFND 2 99,363 0 222,122
HUMANA INC COM 444859102 112,145 248,209 SH DFND 2 76,460 0 171,749
INFOSYS LTD SPONSORED ADR 456788108 35,330 1,419,446 SH DFND 2 1,419,446 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 149,640 1,090,539 SH DFND 2 337,188 0 753,351
INTUITIVE SURGICAL INC COM NEW 46120E602 66,565 210,947 SH OTR 123 105,808 2,947 102,192
JD.COM INC SPON ADR CL A 47215P106 98,050 1,722,296 SH OTR 123 635,360 582,617 504,319
JOHNSON & JOHNSON COM 478160104 170,865 928,385 SH DFND 2 281,724 0 646,661
KEYSIGHT TECHNOLOGIES INC COM 49338L103 69,000 420,588 SH DFND 2 129,692 0 290,896
M & T BK CORP COM 55261F104 775 4,564 SH DFND 2 0 0 4,564
MASTERCARD INCORPORATED CL A 57636Q104 1,010,950 2,710,943 SH OTR 123 1,435,163 155,029 1,120,751
MEDTRONIC PLC SHS G5960L103 3,610 35,264 SH OTR 123 0 1,068 34,196
MERCADOLIBRE INC COM 58733R102 39,790 34,092 SH OTR 123 8,226 14,064 11,802
MICROSOFT CORP COM 594918104 1,108,330 3,433,479 SH OTR 123 1,818,636 56,374 1,558,469
MONDELEZ INTL INC CL A 609207105 321,550 4,943,084 SH OTR 123 1,553,761 205,065 3,184,258
NETEASE INC SPONSORED ADS 64110W102 49,130 557,257 SH OTR 123 176,653 197,861 182,743
NIKE INC CL B 654106103 337,300 2,390,272 SH OTR 123 1,368,636 45,677 975,959
OTIS WORLDWIDE CORP COM 68902V107 206,740 2,564,645 SH OTR 123 1,400,985 44,239 1,119,421
PAYPAL HLDGS INC COM 70450Y103 411,965 3,400,676 SH OTR 123 1,867,366 58,953 1,474,357
PEPSICO INC COM 713448108 175,845 1,011,659 SH DFND 2 307,055 0 704,604
PNC FINL SVCS GROUP INC COM 693475105 485 2,625 SH DFND 2 0 0 2,625
PROGRESSIVE CORP COM 743315103 186,245 1,573,156 SH DFND 2 479,220 0 1,093,936
RITCHIE BROS AUCTIONEERS COM 767744105 123,665 2,017,192 SH DFND 2 623,574 0 1,393,618
ROSS STORES INC COM 778296103 105,660 1,124,813 SH DFND 2 347,004 0 777,809
SERVICENOW INC COM 81762P102 337,285 578,810 SH OTR 123 301,921 8,859 268,030
SHERWIN WILLIAMS CO COM 824348106 204,935 783,598 SH OTR 123 426,361 13,394 343,843
SYNOPSYS INC COM 871607107 111,660 319,674 SH OTR 123 179,503 5,810 134,361
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 327,460 2,991,356 SH OTR 123 2,045,579 77,003 868,774
TERADYNE INC COM 880770102 80,770 657,774 SH DFND 2 202,994 0 454,780
TJX COS INC NEW COM 872540109 580 9,557 SH DFND 2 0 0 9,557
UNITED PARCEL SERVICE INC CL B 911312106 110,575 496,392 SH DFND 2 151,639 0 344,753
UNITEDHEALTH GROUP INC COM 91324P102 832,850 1,559,262 SH OTR 123 839,424 25,391 694,447
VISA INC COM CL A 92826C839 595,025 2,563,799 SH OTR 123 1,326,768 36,010 1,201,021
VULCAN MATLS CO COM 929160109 369,170 1,918,347 SH OTR 123 1,047,577 33,091 837,679
WALMART INC COM 931142103 160,520 1,038,184 SH DFND 2 319,780 0 718,404
WELLS FARGO CO NEW COM 949746101 550 11,398 SH DFND 2 0 0 11,398
YUM CHINA HLDGS INC COM 98850P109 4,985 120,006 SH DFND 2 3,853 0 116,153