CG

Carmignac Gestion Portfolio holdings

AUM $7.71B Turnover 49.25%
1-Year Est. Return 4.02%
This Fund
S&P 500
This Quarter Est. Return
+16.05%
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
$8.58B
AUM Growth
+$1.96B
Cap. Flow
+$844M
Cap. Flow %
9.84%
Top 10 Hldgs %
41.17%
Holding
107
New
21
Increased
26
Reduced
40
Closed
10
Avg Time Held Equity + Options
1.3 years
Top 10 Avg Time Held Equity + Options
1.1 years
Top 20 Avg Time Held Equity + Options
1 year
Avg Time Held Equity only
1.4 years
Top 10 Avg Time Held Equity only
1.1 years
Top 20 Avg Time Held Equity only
1 year

Top Buys

Rank Stock Value
1
GDDY icon
GoDaddy
GDDY
+$181M
2
ELAN icon
Elanco Animal Health
ELAN
+$178M
3
PTC icon
PTC
PTC
+$164M
4
WP
Worldpay, Inc.
WP
+$160M
5
MRK icon
Merck
MRK
+$151M

Top Sells

Rank Stock Value
1
MELI icon
Mercado Libre
MELI
+$205M
2
TMUS icon
T-Mobile US
TMUS
+$166M
3
NOW icon
ServiceNow
NOW
+$165M
4
SHOP icon
Shopify
SHOP
+$119M
5
INCY icon
Incyte
INCY
+$68.3M

Sector Composition

Rank Sector Weight
1 Healthcare 21.57%
2 Communication Services 19.9%
3 Financials 11.82%
4 Technology 11.32%
5 Consumer Discretionary 11.19%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
ATVI
26
DELISTED
Activision Blizzard
ATVI
$141M 1.64%
3,100,407
+1,082,390
+54% +$48.9M
2017 Q1
8 quarters
SAVE icon
27
DELISTED
Spirit Airlines, Inc.
SAVE
$141M 1.64%
2,658,513
+2,520,878
+1,832% +$145M
2018 Q1
4 quarters
SPOT icon
28
Spotify
SPOT
$107B
$140M 1.63%
1,010,191
+14,490
+1% +$1.98M
2018 Q2
3 quarters
MDT icon
29
Medtronic
MDT
$120B
$137M 1.59%
+1,500,232
New +$134M
2019 Q1
0 quarters
ILMN icon
30
Illumina
ILMN
$40.7B
$135M 1.57%
+445,144
New +$130M
2019 Q1
0 quarters
GG
31
DELISTED
Goldcorp Inc
GG
$119M 1.39%
10,422,482
-2,271,481
-18% -$24.4M
2016 Q1
12 quarters
AEM icon
32
Agnico Eagle Mines
AEM
$88.9B
$110M 1.28%
2,534,258
-265,055
-9% -$11.2M
2018 Q2
3 quarters
PYPL icon
33
PayPal
PYPL
$47.8B
$109M 1.27%
1,050,449
-2,900
-0.3% -$275K
2018 Q4
1 quarter
MSFT icon
34
Microsoft
MSFT
$3.96T
$96.8M 1.13%
+821,130
New +$89.6M
2019 Q1
0 quarters
TSM icon
35
TSMC
TSM
$2.22T
$84.2M 0.98%
2,055,604
-395,110
-16% -$15.1M
2015 Q4
13 quarters
PXD icon
36
DELISTED
Pioneer Natural Resource Co.
PXD
$80.9M 0.94%
531,187
-62,537
-11% -$8.83M
2016 Q3
10 quarters
TIF
37
DELISTED
Tiffany & Co.
TIF
$69.7M 0.81%
+659,873
New +$60.6M
2019 Q1
0 quarters
TMUS icon
38
T-Mobile US
TMUS
$169B
$62.7M 0.73%
907,504
-2,370,908
-72% -$166M
2015 Q4
13 quarters
EOG icon
39
EOG Resources
EOG
$80.9B
$51.7M 0.6%
543,118
+1,311
+0.2% +$125K
2016 Q3
10 quarters
CLDR
40
DELISTED
Cloudera, Inc.
CLDR
$44.3M 0.52%
4,048,747
+1,193,979
+42% +$15.4M
2018 Q2
3 quarters
ZUO icon
41
DELISTED
Zuora, Inc.
ZUO
$41.1M 0.48%
2,052,324
+368,054
+22% +$7.94M
2018 Q4
1 quarter
CAG icon
42
PUT
Conagra Brands
CAG
$6.61B
– –
0
– –
2019 Q1
0 quarters
RGNX icon
43
Regenxbio
RGNX
$452M
$36.6M 0.43%
639,195
+467,869
+273% +$23.2M
2018 Q2
3 quarters
VIPS icon
44
Vipshop
VIPS
$6.11B
$36.4M 0.42%
4,532,971
-1,129,476
-20% -$8M
2018 Q2
3 quarters
CXO
45
DELISTED
CONCHO RESOURCES INC.
CXO
$32.9M 0.38%
296,506
-81,029
-21% -$9.16M
2016 Q2
11 quarters
LUV icon
46
CALL
Southwest Airlines
LUV
$19.2B
– –
0
– –
2019 Q1
0 quarters
NBIS icon
47
Nebius Group N.V.
NBIS
$49.9B
$27.6M 0.32%
803,744
-1,641,758
-67% -$54.4M
2017 Q4
5 quarters
CCXI icon
48
DELISTED
ChemoCentryx, Inc.
CCXI
$27.3M 0.32%
1,965,639
+741,210
+61% +$8.48M
2018 Q1
4 quarters
LN
49
DELISTED
LINE Corporation
LN
$26.8M 0.31%
760,727
-202,341
-21% -$7.29M
2016 Q3
10 quarters
NBL
50
DELISTED
Noble Energy, Inc.
NBL
$21.8M 0.25%
882,919
-447,500
-34% -$10.1M
2016 Q2
11 quarters
1
2
3 4 5

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 Q1 2019 Portfolio in Review

As of Q1 2019, Carmignac Gestion held 107 positions worth $8.58B, up 30% from $6.62B the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Carmignac Gestion deployed $844M of net new capital in Q1 2019, opening 21 new positions and adding to 26 existing holdings. Its largest new stake was GoDaddy: 2,568,706 shares worth $193M.

By sector, the portfolio is most concentrated in Healthcare at 22% of assets, up from 17% a quarter earlier, followed by Communication Services and Financials.

On the sell side, the largest reduction was Mercado Libre, an estimated $205M trimmed.

  • Carmignac Gestion's largest Q1 2019 buy was GoDaddy: 2,568,706 shares worth $193M.
  • Carmignac Gestion added most to Spirit Airlines, Inc. in Q1 2019, an estimated $145M increase.
  • Carmignac Gestion's biggest Q1 2019 reduction was Mercado Libre, cutting an estimated $205M.
  • Carmignac Gestion fully exited ServiceNow in Q1 2019, selling an estimated $165M.
  • Carmignac Gestion's ten largest holdings make up 41% of its $8.58B portfolio in Q1 2019.
  • Carmignac Gestion opened 21 new positions and closed 10 in Q1 2019.
  • Carmignac Gestion's portfolio value rose 30% quarter-over-quarter to $8.58B.

Based on Carmignac Gestion's 13F filing for Q1 2019, filed 14 May 2019.