We are live on ! Find out more
CG

Carmignac Gestion Portfolio holdings

AUM $7.71B
1-Year Est. Return 4.02%
This Fund
S&P 500
This Quarter Est. Return
+6.1%
1 Year Est. Return
+4.02%
3 Year Est. Return
+85.13%
5 Year Est. Return
+112.24%
10 Year Est. Return
+570.29%
AUM
$12.8B
AUM Growth
-$866M
Cap. Flow
-$1.53B
Cap. Flow %
-11.98%
Top 10 Hldgs %
56.44%
Holding
31
New
2
Increased
15
Reduced
9
Closed
5

Top Buys

Rank Stock Value
1
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
+$264M
2
JNJ icon
Johnson & Johnson
JNJ
+$262M
3
CELG
Celgene Corp
CELG
+$134M
4
LVS icon
Las Vegas Sands
LVS
+$61.5M
5
CMCSA icon
Comcast
CMCSA
+$41.2M

Top Sells

Rank Stock Value
1
LYB icon
LyondellBasell Industries
LYB
+$734M
2
CLB icon
Core Laboratories
CLB
+$604M
3
BIDU icon
Baidu
BIDU
+$320M
4
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
+$167M
5
TWTR
Twitter, Inc.
TWTR
+$152M

Sector Composition

Rank Sector Weight
1 Financials 30.51%
2 Communication Services 19.55%
3 Healthcare 16.47%
4 Energy 11.08%
5 Consumer Discretionary 8.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
J icon
26
Jacobs Solutions
J
$17.8B
$180M 1.4%
4,074,141
+376,553
+10% +$17.9M
CLB icon
27
Core Laboratories
CLB
$567M
– –
-3,044,887
Closed -$604M
LYB icon
28
LyondellBasell Industries
LYB
$20.6B
– –
-8,251,241
Closed -$734M
TWTR
29
DELISTED
Twitter, Inc.
TWTR
– –
-3,261,271
Closed -$152M
NBL
30
DELISTED
Noble Energy, Inc.
NBL
– –
-1,468,482
Closed -$104M
HOT
31
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
– –
-2,100,957
Closed -$167M
1
2

Similar funds

CGH
Crossmark Global Holdings Houston, Texas $7.71B AUM 37.66% 1-Year Est. Return
EGM
Engineers Gate Manager New York $7.71B AUM 24.88% 1-Year Est. Return
AC
Aristeia Capital Greenwich, Connecticut $7.69B AUM 15.48% 1-Year Est. Return
XT
XTX Topco George Town, Cayman Islands $7.72B AUM 32.88% 1-Year Est. Return
AL
Appaloosa LP Short Hills, New Jersey $7.73B AUM 104.51% 1-Year Est. Return
NAMA
Nikko Asset Management Americas New York $7.75B AUM 33.73% 1-Year Est. Return
AAB
ABN AMRO Bank Amsterdam, Netherlands $7.75B AUM 22.95% 1-Year Est. Return
SIAU
SB Investment Advisers (UK) London, United Kingdom $7.66B AUM 20.12% 1-Year Est. Return

Carmignac Gestion's Q2 2014 Portfolio in Review

As of Q2 2014, Carmignac Gestion held 31 positions worth $12.8B, down 6.3% from $13.7B the previous quarter. Its ten largest holdings account for 56% of the portfolio.

Carmignac Gestion withdrew a net $1.53B in Q2 2014, closing 5 positions and reducing 9 holdings. Its most notable exit was LyondellBasell Industries, an estimated $734M position sold in full.

By sector, the portfolio is most concentrated in Financials at 31% of assets, up from 29% a quarter earlier, followed by Communication Services and Healthcare.

Against the trend, Carmignac Gestion opened a new position in Intercept Pharmaceuticals, Inc. worth $237M.

  • Carmignac Gestion's largest Q2 2014 buy was Intercept Pharmaceuticals, Inc.: 1,000,576 shares worth $237M.
  • Carmignac Gestion added most to Celgene Corp in Q2 2014, an estimated $134M increase.
  • Carmignac Gestion's biggest Q2 2014 reduction was Baidu, cutting an estimated $320M.
  • Carmignac Gestion fully exited LyondellBasell Industries in Q2 2014, selling an estimated $734M.
  • Carmignac Gestion's ten largest holdings make up 56% of its $12.8B portfolio in Q2 2014.
  • Carmignac Gestion opened 2 new positions and closed 5 in Q2 2014.
  • Carmignac Gestion's portfolio value fell 6.3% quarter-over-quarter to $12.8B.

Based on Carmignac Gestion's 13F filing for Q2 2014, filed 6 Aug 2014.