Carmignac Gestion 13F annual report
Carmignac Gestion is an investment fund managing more than $5.83 trillion ran by Olivia Vayssette. There are currently 155 companies in Mrs. Vayssette’s portfolio. The largest investments include Microsoft and Amazon.com, together worth $1.04 trillion.
$5.83 trillion Assets Under Management (AUM)
As of 6th August 2024, Carmignac Gestion’s top holding is 1,197,048 shares of Microsoft currently worth over $535 billion and making up 9.2% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Carmignac Gestion owns more than approximately 0.1% of the company.
In addition, the fund holds 2,598,743 shares of Amazon.com worth $503 billion, whose value fell 1.1% in the past six months.
The third-largest holding is Alphabet Inc worth $461 billion and the next is Schlumberger worth $305 billion, with 6,454,303 shares owned.
Currently, Carmignac Gestion's portfolio is worth at least $5.83 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Carmignac Gestion
The Carmignac Gestion office and employees reside in Paris, France. According to the last 13-F report filed with the SEC, Olivia Vayssette serves as the Head of Legal Affairs at Carmignac Gestion.
Recent trades
In the most recent 13F filing, Carmignac Gestion revealed that it had opened a new position in
Broadcom Inc and bought 138,137 shares worth $222 billion.
This means they effectively own approximately 0.1% of the company.
Broadcom Inc makes up
9.7%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
196,222 additional shares.
This makes their stake in Microsoft total 1,197,048 shares worth $535 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Carmignac Gestion is getting rid of from its portfolio.
Carmignac Gestion closed its position in Baxter International on 13th August 2024.
It sold the previously owned 4,678,605 shares for $200 billion.
Olivia Vayssette also disclosed a decreased stake in S&P Global Inc by 0.2%.
This leaves the value of the investment at $173 billion and 388,191 shares.
One of the largest hedge funds
The two most similar investment funds to Carmignac Gestion are Brookstone Capital Management and Bluespruce Investments, L.P.. They manage $5.85 trillion and $5.81 trillion respectively.
Olivia Vayssette investment strategy
Carmignac Gestion’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 39.1% of
the total portfolio value.
The fund focuses on investments in the United States as
62.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
54% of the total holdings value.
On the other hand, small-cap stocks make up only 0.6% of the portfolio.
The average market cap of the portfolio companies is close to $113 billion.
The complete list of Carmignac Gestion trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
19.61%
1,197,048
|
$535,126,200,000 | 9.18% |
| Amazon.com Inc. |
14.69%
2,598,743
|
$502,678,097,000 | 8.62% |
| Alphabet Inc |
93.41%
2,529,298
|
$460,718,161,000 | 7.90% |
| Schlumberger Ltd. |
116.02%
6,454,303
|
$304,514,016,000 | 5.22% |
| NVIDIA Corp |
513.76%
2,422,859
|
$299,591,314,000 | 5.14% |
| Broadcom Inc |
Opened
138,137
|
$221,783,098,000 | 3.80% |
| Cencora Inc. |
Opened
963,873
|
$217,160,587,000 | 3.72% |
| Intercontinental Exchange In |
3.37%
1,467,234
|
$200,863,917,000 | 3.44% |
| Baxter International Inc. |
Closed
4,678,605
|
$199,963,578,000 | |
| T-Mobile US Inc |
Closed
1,207,511
|
$197,089,945,000 | |
| Unitedhealth Group Inc |
Opened
348,152
|
$177,279,279,000 | 3.04% |
| S&P Global Inc |
16.00%
388,191
|
$173,166,158,000 | 2.97% |
| Meta Platforms Inc |
73.01%
297,260
|
$149,884,437,000 | 2.57% |
| Centene Corp. |
Opened
2,246,028
|
$148,911,656,000 | 2.55% |
| ServiceNow Inc |
3,028.00%
171,383
|
$134,814,529,000 | 2.31% |
| Freeport-McMoRan Inc |
Closed
2,742,217
|
$128,939,043,000 | |
| Vipshop Holdings Ltd |
205.16%
8,979,972
|
$116,935,827,000 | 2.01% |
| Eli Lilly & Co |
71.63%
114,393
|
$103,573,750,000 | 1.78% |
| GE Aerospace |
50.96%
649,325
|
$103,223,195,000 | 1.77% |
| Itau Unibanco H |
19.81%
16,118,173
|
$94,130,130,000 | 1.61% |
| Mastercard Incorporated |
49.69%
213,057
|
$94,004,063,000 | 1.61% |
| MercadoLibre Inc |
41.35%
54,992
|
$90,380,349,000 | 1.55% |
| Vertex Pharmaceuticals, Inc. |
Opened
185,249
|
$86,849,583,000 | 1.49% |
| Alibaba Group Holding Ltd |
0.12%
1,101,229
|
$79,288,488,000 | 1.36% |
| Snap Inc |
Closed
6,860,491
|
$78,758,437,000 | |
| Advanced Micro Devices Inc. |
80.86%
443,087
|
$71,864,331,000 | 1.23% |
| Elevance Health Inc |
Opened
122,426
|
$66,337,752,000 | 1.14% |
| Accenture plc |
6,377.00%
217,692
|
$66,048,931,000 | 1.13% |
| Agnico Eagle Mines Ltd |
25.28%
998,423
|
$65,296,864,000 | 1.12% |
| Applied Materials Inc. |
96.02%
265,689
|
$62,699,947,000 | 1.08% |
| Parker-Hannifin Corp. |
Opened
122,709
|
$62,067,439,000 | 1.06% |
| Linde Plc. |
13.49%
115,992
|
$50,898,450,000 | 0.87% |
| Procter & Gamble Co/the |
17.29%
282,478
|
$46,646,392,000 | 0.80% |
| Danaher Corp. |
122.28%
186,130
|
$46,518,707,000 | 0.80% |
| Colgate-Palmolive Co. |
15.43%
468,846
|
$45,565,945,000 | 0.78% |
| Thermo Fisher Scientific Inc. |
20.78%
81,753
|
$45,196,092,000 | 0.78% |
| Walmart Inc |
11.13%
640,000
|
$43,334,400,000 | 0.74% |
| Newmont Corp |
58.49%
988,053
|
$41,369,779,000 | 0.71% |
| Nova Ltd |
0.11%
161,189
|
$37,803,656,000 | 0.65% |
| MongoDB Inc |
Closed
103,929
|
$37,273,097,000 | |
| Taiwan Semiconductor |
85.81%
209,286
|
$36,802,840,000 | 0.63% |
| Arista Networks Inc |
Opened
104,636
|
$36,672,825,000 | 0.63% |
| Block Inc |
48.01%
480,000
|
$30,955,200,000 | 0.53% |
| Synopsys, Inc. |
Opened
50,166
|
$29,851,780,000 | 0.51% |
| Ansys Inc. |
17.20%
92,047
|
$29,594,328,000 | 0.51% |
| Tradeweb Markets Inc |
10.70%
266,100
|
$28,206,600,000 | 0.48% |
| Jsc Kaspi.kz |
Opened
200,242
|
$25,843,797,000 | 0.44% |
| EHang Holdings Ltd |
2.87%
1,886,542
|
$25,619,497,000 | 0.44% |
| Sea Ltd-adr |
67.99%
355,629
|
$25,420,299,000 | 0.44% |
| Deere & Co. |
Opened
67,238
|
$25,122,134,000 | 0.43% |
| Capital One Financial Corp. |
Closed
153,668
|
$22,879,629,000 | |
| Vesta Real Estate Corp |
5.24%
757,430
|
$22,715,555,000 | 0.39% |
| Veeva Systems Inc |
87.98%
115,793
|
$21,209,309,000 | 0.36% |
| O'reilly Automotive Inc |
Opened
19,286
|
$20,367,173,000 | 0.35% |
| JD.com Inc |
42.07%
786,329
|
$20,325,242,000 | 0.35% |
| Atlassian Corporation |
62.70%
106,500
|
$18,837,720,000 | 0.32% |
| Cadence Design Sys Inc |
Opened
52,269
|
$16,085,785,000 | 0.28% |
| Micron Technology Inc. |
92.25%
119,727
|
$15,747,692,000 | 0.27% |
| Tricon Residential Inc |
Closed
1,259,976
|
$14,048,732,000 | |
| Transdigm Group Incorporated |
Closed
10,658
|
$13,126,393,000 | |
| Miniso Group Holding Ltd |
39.27%
684,944
|
$13,061,735,000 | 0.22% |
| Stryker Corp. |
67.96%
37,561
|
$12,782,205,000 | 0.22% |
| Intuitive Surgical Inc |
10.68%
28,561
|
$12,707,014,000 | 0.22% |
| Estee Lauder Companies |
89.60%
117,339
|
$12,542,740,000 | 0.22% |
| Spotify Technology Sa |
Closed
46,590
|
$12,295,101,000 | |
| Keysight Technologies In |
Opened
81,610
|
$11,160,168,000 | 0.19% |
| Waste Management, Inc. |
11.61%
51,904
|
$11,073,199,000 | 0.19% |
| Oracle Corp. |
2.04%
73,650
|
$10,390,000,000 | 0.18% |
| Tuya Inc. |
4.44%
6,040,875
|
$10,328,077,000 | 0.18% |
| Adobe Inc |
10.76%
16,799
|
$9,318,784,000 | 0.16% |
| Teledyne Technologies Inc |
Opened
23,400
|
$9,078,732,000 | 0.16% |
| Intuit Inc |
21.52%
13,750
|
$9,030,234,000 | 0.15% |
| Etsy Inc |
Closed
123,938
|
$8,517,019,000 | |
| Align Technology, Inc. |
23.99%
31,369
|
$7,579,861,000 | 0.13% |
| BioNTech SE |
Opened
93,322
|
$7,499,601,000 | 0.13% |
| NextEra Energy Inc |
10.80%
96,646
|
$6,843,503,000 | 0.12% |
| Lantheus Holdings Inc |
Opened
79,800
|
$6,407,142,000 | 0.11% |
| Pioneer Natural Resources Co. |
Closed
23,956
|
$6,288,450,000 | |
| Perficient Inc. |
Opened
83,723
|
$6,261,643,000 | 0.11% |
| Hashicorp Inc |
Opened
185,323
|
$6,243,532,000 | 0.11% |
| Nuvei Corp-subordinate Vtg |
Opened
191,841
|
$6,211,812,000 | 0.11% |
| SP Plus Corp |
Closed
116,283
|
$6,072,298,000 | |
| Catalent Inc. |
No change
107,154
|
$6,025,269,000 | 0.10% |
| Doximity, Inc. |
Opened
213,000
|
$5,957,610,000 | 0.10% |
| Cerevel Therapeutics Holding |
No change
142,015
|
$5,806,993,000 | 0.10% |
| Equitrans Midstream Corporation |
142.27%
439,842
|
$5,709,149,000 | 0.10% |
| Hess Corporation |
No change
37,958
|
$5,599,564,000 | 0.10% |
| Olink Holding Ab |
32.29%
218,329
|
$5,563,023,000 | 0.10% |
| Juniper Networks Inc |
17.65%
134,225
|
$4,893,844,000 | 0.08% |
| Cameco Corp. |
No change
97,308
|
$4,787,554,000 | 0.08% |
| Analog Devices Inc. |
61.01%
20,651
|
$4,709,082,000 | 0.08% |
| Costco Wholesale Corp |
47.26%
5,515
|
$4,687,695,000 | 0.08% |
| Alcon Inc. |
Closed
56,183
|
$4,679,482,000 | |
| Autodesk Inc. |
21.33%
18,731
|
$4,629,846,000 | 0.08% |
| TAL Education Group |
3.44%
430,412
|
$4,592,496,000 | 0.08% |
| BILL Holdings Inc |
87.03%
85,000
|
$4,472,700,000 | 0.08% |
| Apartment Income REIT Corp. |
Opened
106,054
|
$4,148,832,000 | 0.07% |
| Powerschool Holdings Inc |
Opened
185,044
|
$4,143,135,000 | 0.07% |
| Discover Financial Services |
Opened
31,338
|
$4,099,324,000 | 0.07% |
| Us Silica Holdings Inc |
Opened
264,218
|
$4,082,168,000 | 0.07% |
| TransUnion |
10.95%
54,802
|
$4,065,090,000 | 0.07% |
| Ecolab, Inc. |
No change
16,642
|
$3,960,796,000 | 0.07% |
| Axonics Inc |
36.10%
57,176
|
$3,843,942,000 | 0.07% |
| Capri Holdings Ltd |
Closed
81,937
|
$3,711,746,000 | |
| Palo Alto Networks Inc |
9.69%
10,606
|
$3,598,402,000 | 0.06% |
| Garmin Ltd |
25.46%
21,648
|
$3,526,892,000 | 0.06% |
| Marriott International, Inc. |
32.18%
14,484
|
$3,501,797,000 | 0.06% |
| Bbb Foods Inc |
No change
140,000
|
$3,340,400,000 | 0.06% |
| Salesforce Inc |
95.82%
12,154
|
$3,119,781,000 | 0.05% |
| Enerplus Corporation |
Closed
151,002
|
$2,968,699,000 | |
| Tencent Music Entertainm |
48.89%
206,950
|
$2,907,648,000 | 0.05% |
| Clearside Biomedical Inc |
No change
2,132,744
|
$2,772,567,000 | 0.05% |
| CRH Plc |
15.40%
36,809
|
$2,759,939,000 | 0.05% |
| Hilton Worldwide Holdings In |
65.11%
12,114
|
$2,643,275,000 | 0.05% |
| Visa Inc |
111.41%
9,896
|
$2,597,403,000 | 0.04% |
| Transphorm Inc |
Closed
513,852
|
$2,523,013,000 | |
| Merus Nv |
7.93%
42,278
|
$2,504,417,000 | 0.04% |
| Cisco Systems, Inc. |
114.08%
51,326
|
$2,438,498,000 | 0.04% |
| Daqo New Energy Corp |
Opened
166,769
|
$2,434,827,000 | 0.04% |
| Taskus Inc |
No change
180,000
|
$2,395,800,000 | 0.04% |
| KE Holdings Inc. |
84.06%
156,841
|
$2,219,300,000 | 0.04% |
| Brown & Brown, Inc. |
21.28%
24,805
|
$2,217,815,000 | 0.04% |
| TPI Composites Inc |
4.87%
548,259
|
$2,187,553,000 | 0.04% |
| Callon Petroleum Co. |
Closed
60,142
|
$2,150,678,000 | |
| Vizio Holding Corp. |
9.16%
197,476
|
$2,132,741,000 | 0.04% |
| Aaron's Co Inc/the |
Opened
207,205
|
$2,067,906,000 | 0.04% |
| New Oriental Educatio |
27.92%
26,450
|
$2,055,959,000 | 0.04% |
| General Mills, Inc. |
Closed
27,464
|
$1,921,656,000 | |
| Medpace Holdings Inc |
16.87%
4,533
|
$1,866,916,000 | 0.03% |
| Southwestern Energy Company |
No change
259,998
|
$1,749,787,000 | 0.03% |
| Coca-Cola Consolidated Inc |
43.17%
1,585
|
$1,719,725,000 | 0.03% |
| ON Semiconductor Corp. |
No change
24,350
|
$1,669,193,000 | 0.03% |
| Home Depot, Inc. |
42.98%
4,624
|
$1,591,766,000 | 0.03% |
| Niu Technologies |
2.06%
877,408
|
$1,526,690,000 | 0.03% |
| Stericycle Inc. |
Opened
26,219
|
$1,524,110,000 | 0.03% |
| Hexcel Corp. |
No change
24,157
|
$1,508,605,000 | 0.03% |
| Intel Corp. |
Closed
33,887
|
$1,496,789,000 | |
| Veralto Corp |
No change
15,644
|
$1,493,533,000 | 0.03% |
| Cintas Corporation |
13.98%
2,080
|
$1,456,541,000 | 0.02% |
| Ww Grainger Inc |
6.51%
1,358
|
$1,225,242,000 | 0.02% |
| Paychex Inc. |
16.36%
10,090
|
$1,196,270,000 | 0.02% |
| Darling Ingredients Inc |
No change
30,917
|
$1,136,200,000 | 0.02% |
| Geopark Ltd |
83.58%
100,077
|
$1,095,843,000 | 0.02% |
| Marathon Oil Corporation |
Opened
36,847
|
$1,056,403,000 | 0.02% |
| Wns Holdings Ltd |
Opened
20,023
|
$1,051,208,000 | 0.02% |
| Copart, Inc. |
32.04%
19,269
|
$1,043,609,000 | 0.02% |
| Whole Earth Brands, Inc. |
No change
203,969
|
$989,250,000 | 0.02% |
| Neogames Sa |
Closed
34,114
|
$987,941,000 | |
| Mastec Inc. |
No change
8,960
|
$958,630,000 | 0.02% |
| Lennox International Inc |
10.88%
1,753
|
$937,820,000 | 0.02% |
| Watts Water Technologies, Inc. |
50.28%
4,600
|
$843,502,000 | 0.01% |
| Canadian Pacific Kansas City |
71.65%
10,194
|
$802,574,000 | 0.01% |
| First Solar Inc |
Opened
3,307
|
$745,596,000 | 0.01% |
| Albemarle Corp. |
No change
7,499
|
$716,304,000 | 0.01% |
| Globant Sa |
14.29%
4,000
|
$713,040,000 | 0.01% |
| Fluence Energy Inc |
Opened
38,179
|
$662,024,000 | 0.01% |
| Apple Inc |
Opened
3,000
|
$631,860,000 | 0.01% |
| Corcept Therapeutics Inc |
13.68%
19,260
|
$625,757,000 | 0.01% |
| Laureate Education Inc |
Opened
40,000
|
$597,600,000 | 0.01% |
| Nordson Corp. |
12.96%
2,512
|
$582,633,000 | 0.01% |
| Despegar.com Corp |
Opened
40,000
|
$529,200,000 | 0.01% |
| Qifu Technology Inc. |
Closed
28,562
|
$526,398,000 | |
| Old Dominion Freight Line, Inc. |
71.90%
2,954
|
$521,676,000 | 0.01% |
| NOV Inc |
No change
25,000
|
$475,250,000 | 0.01% |
| Fortinet Inc |
71.90%
5,952
|
$358,727,000 | 0.01% |
| SS&C Technologies Holdings Inc |
71.90%
5,253
|
$329,206,000 | 0.01% |
| Sunrun Inc |
No change
26,626
|
$315,784,000 | 0.01% |
| Endava Plc- Spon Adr |
No change
10,000
|
$292,400,000 | 0.01% |
| Texas Instruments Inc. |
Opened
1,437
|
$279,540,000 | 0.00% |
| Datadog Inc |
Opened
2,000
|
$259,380,000 | 0.00% |
| Sunnova Energy International Inc |
No change
41,999
|
$234,354,000 | 0.00% |
| KLA Corp. |
Opened
200
|
$164,902,000 | 0.00% |
| Plug Power Inc |
No change
67,284
|
$156,772,000 | 0.00% |
| Solaredge Technologies Inc |
No change
5,975
|
$150,929,000 | 0.00% |
| Baidu Inc |
No change
791
|
$68,406,000 | 0.00% |
| National Western Life Grou |
No change
120
|
$59,633,000 | 0.00% |
| Daseke Inc |
Closed
3,020
|
$25,066,000 | |
| Bristol-Myers Squibb Co. |
Closed
27,804
|
$0 | |
| No transactions found | |||
| Showing first 500 out of 178 holdings | |||
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