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
+18.87%
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
$6.32B
AUM Growth
+$368M
Cap. Flow
-$546M
Cap. Flow %
-8.64%
Top 10 Hldgs %
51.92%
Holding
171
New
23
Increased
43
Reduced
58
Closed
27
Avg Time Held Equity + Options
2.3 years
Top 10 Avg Time Held Equity + Options
0.9 years
Top 20 Avg Time Held Equity + Options
1.6 years
Avg Time Held Equity only
2.4 years
Top 10 Avg Time Held Equity only
0.9 years
Top 20 Avg Time Held Equity only
1.6 years

Top Buys

Rank Stock Value
1
MU icon
Micron Technology
MU
+$140M
2
META icon
Meta Platforms (Facebook)
META
+$52.6M
3
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$49.5M
4
TSM icon
TSMC
TSM
+$42.8M
5
MDB icon
MongoDB
MDB
+$42.5M

Top Sells

Rank Stock Value
1
LLY icon
Eli Lilly
LLY
+$289M
2
NVDA icon
NVIDIA
NVDA
+$154M
3
HUM icon
Humana
HUM
+$117M
4
BIIB icon
Biogen
BIIB
+$93.5M
5
BEKE icon
KE Holdings
BEKE
+$56.1M

Sector Composition

Rank Sector Weight
1 Technology 32.45%
2 Communication Services 16.22%
3 Consumer Discretionary 11.63%
4 Healthcare 10.27%
5 Financials 9.76%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
SE icon
26
Sea Limited
SE
$58.4B
$59.7M 0.94%
1,111,006
-205,399
-16% -$9.45M
2019 Q2
19 quarters
MELI icon
27
Mercado Libre
MELI
$93.2B
$58.8M 0.93%
38,905
+6,172
+19% +$10.1M
2014 Q4
37 quarters
TEAM icon
28
Atlassian
TEAM
$51.8B
$55.7M 0.88%
285,516
+59,417
+26% +$13M
2023 Q2
3 quarters
VIPS icon
29
Vipshop
VIPS
$6.11B
$48.7M 0.77%
2,942,693
+1,727,472
+142% +$29.1M
2023 Q2
3 quarters
LIN icon
30
Linde
LIN
$227B
$47.5M 0.75%
102,205
+1,400
+1% +$606K
2023 Q1
4 quarters
BILL icon
31
BILL Holdings
BILL
$3.77B
$45M 0.71%
655,230
+96,174
+17% +$6.72M
2023 Q3
2 quarters
WMT icon
32
Walmart Inc
WMT
$922B
$43.3M 0.69%
720,183
-3,300
-0.5% -$189K
2023 Q4
1 quarter
TMO icon
33
Thermo Fisher Scientific
TMO
$249B
$39.3M 0.62%
67,686
-6,472
-9% -$3.63M
2019 Q2
19 quarters
PG icon
34
Procter & Gamble
PG
$364B
$39.1M 0.62%
240,831
+37,582
+18% +$5.89M
2021 Q4
9 quarters
EH icon
35
EHang Holdings
EH
$287M
$37.7M 0.6%
1,833,908
-59,415
-3% -$769K
2021 Q1
12 quarters
MDB icon
36
MongoDB
MDB
$28.7B
$37.3M 0.59%
+103,929
New +$42.5M
2024 Q1
0 quarters
JD icon
37
JD.com
JD
$36B
$37.2M 0.59%
1,357,379
+392,316
+41% +$9.6M
2018 Q3
22 quarters
CL icon
38
Colgate-Palmolive
CL
$74B
$36.6M 0.58%
406,178
+45,569
+13% +$3.86M
2021 Q4
9 quarters
TW icon
39
Tradeweb Markets
TW
$23.4B
$31M 0.49%
297,988
– –
2022 Q2
7 quarters
NVMI icon
40
Nova
NVMI
$10.5B
$28.6M 0.45%
161,011
+76,305
+90% +$12M
2023 Q4
1 quarter
VTMX icon
41
Vesta Real Estate
VTMX
$3.18B
$28.2M 0.45%
719,730
– –
2023 Q3
2 quarters
AMAT icon
42
Applied Materials
AMAT
$354B
$28M 0.44%
135,544
+121,732
+881% +$22.3M
2023 Q2
3 quarters
ANSS icon
43
DELISTED
Ansys
ANSS
$27.3M 0.43%
78,539
+33,548
+75% +$11.4M
2019 Q2
19 quarters
MNSO icon
44
MINISO
MNSO
$2.99B
$23.1M 0.37%
1,127,867
+392,048
+53% +$7.5M
2020 Q4
13 quarters
COF icon
45
Capital One
COF
$119B
$22.9M 0.36%
153,668
-139,606
-48% -$18.9M
2023 Q1
4 quarters
DHR icon
46
Danaher
DHR
$158B
$20.9M 0.33%
83,736
+10,244
+14% +$2.5M
2019 Q2
19 quarters
VEEV icon
47
Veeva Systems
VEEV
$48.1B
$14.3M 0.23%
61,599
-3,972
-6% -$857K
2019 Q2
19 quarters
TCN icon
48
DELISTED
Tricon Residential Inc.
TCN
$14M 0.22%
+1,259,976
New +$13.4M
2024 Q1
0 quarters
BEKE icon
49
KE Holdings
BEKE
$19.2B
$13.5M 0.21%
983,956
-4,013,229
-80% -$56.1M
2022 Q1
8 quarters
TDG icon
50
TransDigm Group
TDG
$61.3B
$13.1M 0.21%
+10,658
New +$12M
2024 Q1
0 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 2024 Portfolio in Review

As of Q1 2024, Carmignac Gestion held 171 positions worth $6.32B, up 6.2% from $5.95B the previous quarter. Its ten largest holdings account for 52% of the portfolio.

Carmignac Gestion withdrew a net $546M in Q1 2024, closing 27 positions and reducing 58 holdings. Its most notable exit was Humana, an estimated $117M position sold in full.

By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 26% a quarter earlier, followed by Communication Services and Consumer Discretionary.

Against the trend, Carmignac Gestion opened a new position in Micron Technology worth $182M.

  • Carmignac Gestion's largest Q1 2024 buy was Micron Technology: 1,544,544 shares worth $182M.
  • Carmignac Gestion added most to Meta Platforms (Facebook) in Q1 2024, an estimated $52.6M increase.
  • Carmignac Gestion's biggest Q1 2024 reduction was Eli Lilly, cutting an estimated $289M.
  • Carmignac Gestion fully exited Humana in Q1 2024, selling an estimated $117M.
  • Carmignac Gestion's ten largest holdings make up 52% of its $6.32B portfolio in Q1 2024.
  • Carmignac Gestion opened 23 new positions and closed 27 in Q1 2024.
  • Carmignac Gestion's portfolio value rose 6.2% quarter-over-quarter to $6.32B.

Based on Carmignac Gestion's 13F filing for Q1 2024, filed 14 May 2024.