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
+6.65%
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
$8.62B
AUM Growth
-$99M
Cap. Flow
-$629M
Cap. Flow %
-7.29%
Top 10 Hldgs %
46.21%
Holding
156
New
21
Increased
54
Reduced
41
Closed
25
Avg Time Held Equity + Options
1.5 years
Top 10 Avg Time Held Equity + Options
1.7 years
Top 20 Avg Time Held Equity + Options
1.5 years
Avg Time Held Equity only
1.6 years
Top 10 Avg Time Held Equity only
1.7 years
Top 20 Avg Time Held Equity only
1.5 years

Top Buys

Rank Stock Value
1
AMD icon
Advanced Micro Devices
AMD
+$182M
2
CRM icon
Salesforce
CRM
+$158M
3
V icon
Visa
V
+$138M
4
EDU icon
New Oriental
EDU
+$120M
5
NOW icon
ServiceNow
NOW
+$117M

Top Sells

Rank Stock Value
1
FISV icon
Fiserv Inc
FISV
+$256M
2
COF icon
Capital One
COF
+$147M
3
STZ icon
Constellation Brands
STZ
+$131M
4
BXMT icon
Blackstone Mortgage Trust
BXMT
+$124M
5
BKNG icon
Booking.com
BKNG
+$114M

Sector Composition

Rank Sector Weight
1 Technology 29.03%
2 Consumer Discretionary 21.79%
3 Communication Services 21.23%
4 Healthcare 12.91%
5 Financials 8.94%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
DELL icon
51
CALL
Dell
DELL
$323B
– –
0
– –
2020 Q4
2 quarters
YMM icon
52
Full Truck Alliance
YMM
$8.86B
$21.3M 0.25%
+1,058,381
New +$20.8M
2021 Q2
0 quarters
CCL icon
53
Carnival Corporation Ltd
CCL
$34.9B
$20.3M 0.23%
768,724
-3,593,800
-82% -$101M
2021 Q1
1 quarter
SPLK icon
54
DELISTED
Splunk Inc
SPLK
$20.2M 0.23%
+139,609
New +$17.8M
2021 Q2
0 quarters
AFRM icon
55
Affirm
AFRM
$23.8B
$17M 0.2%
252,705
+52,705
+26% +$3.36M
2021 Q1
1 quarter
CLSD icon
56
DELISTED
Clearside Biomedical
CLSD
$16.7M 0.19%
227,992
-8,072
-3% -$375K
2020 Q1
5 quarters
DMTK icon
57
DELISTED
DermTech, Inc. Common Stock
DMTK
$15.9M 0.18%
383,674
+79,860
+26% +$3.28M
2021 Q1
1 quarter
TWLO icon
58
Twilio
TWLO
$41.6B
$15.9M 0.18%
+40,438
New +$14M
2021 Q2
0 quarters
DHR icon
59
Danaher
DHR
$158B
$15.9M 0.18%
66,809
-4,016
-6% -$890K
2019 Q2
8 quarters
NOVA icon
60
DELISTED
Sunnova Energy
NOVA
$15.5M 0.18%
411,689
+309,109
+301% +$10.3M
2020 Q4
2 quarters
WM icon
61
Waste Management
WM
$86.2B
$14.2M 0.17%
101,670
– –
2019 Q4
6 quarters
TMO icon
62
Thermo Fisher Scientific
TMO
$249B
$13.9M 0.16%
27,630
+1,201
+5% +$567K
2019 Q2
8 quarters
TSM icon
63
TSMC
TSM
$2.23T
$13.5M 0.16%
111,945
– –
2015 Q4
22 quarters
ADSK icon
64
Autodesk
ADSK
$48.3B
$13.1M 0.15%
44,638
+1,761
+4% +$502K
2019 Q4
6 quarters
S icon
65
SentinelOne
S
$7.94B
$13M 0.15%
+306,463
New +$13M
2021 Q2
0 quarters
DQ icon
66
Daqo New Energy
DQ
$725M
$11.2M 0.13%
171,572
+136,509
+389% +$9.82M
2020 Q4
2 quarters
NIU icon
67
Niu Technologies
NIU
$148M
$10.7M 0.12%
328,473
+5,022
+2% +$167K
2020 Q4
2 quarters
EL icon
68
Estee Lauder
EL
$36.8B
$10.7M 0.12%
33,567
+5,602
+20% +$1.7M
2019 Q2
8 quarters
ANSS icon
69
DELISTED
Ansys
ANSS
$10.5M 0.12%
30,093
-2,828
-9% -$978K
2019 Q2
8 quarters
MTZ icon
70
MasTec
MTZ
$15.6B
$10.4M 0.12%
97,721
-23,359
-19% -$2.54M
2021 Q1
1 quarter
TAL icon
71
TAL Education Group
TAL
$6.94B
$10.1M 0.12%
+398,424
New +$17.8M
2021 Q2
0 quarters
RGNX icon
72
CALL
Regenxbio
RGNX
$454M
– –
0
– –
2020 Q4
2 quarters
CRM icon
73
CALL
Salesforce
CRM
$194B
– –
0
– –
2021 Q2
0 quarters
ON icon
74
ON Semiconductor
ON
$28.6B
$9.6M 0.11%
250,712
-21,473
-8% -$843K
2020 Q1
5 quarters
TCOM icon
75
Trip.com Group
TCOM
$24.5B
$8.32M 0.1%
+234,718
New +$8.95M
2021 Q2
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 Q2 2021 Portfolio in Review

As of Q2 2021, Carmignac Gestion held 156 positions worth $8.62B, down 1.1% from $8.72B the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Carmignac Gestion withdrew a net $629M in Q2 2021, closing 25 positions and reducing 41 holdings. Its most notable exit was Fiserv Inc, an estimated $256M position sold in full.

By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 24% a quarter earlier, followed by Consumer Discretionary and Communication Services.

Against the trend, Carmignac Gestion opened a new position in Advanced Micro Devices worth $211M.

  • Carmignac Gestion's largest Q2 2021 buy was Advanced Micro Devices: 2,246,932 shares worth $211M.
  • Carmignac Gestion added most to Salesforce in Q2 2021, an estimated $158M increase.
  • Carmignac Gestion's biggest Q2 2021 reduction was Capital One, cutting an estimated $147M.
  • Carmignac Gestion fully exited Fiserv Inc in Q2 2021, selling an estimated $256M.
  • Carmignac Gestion's ten largest holdings make up 46% of its $8.62B portfolio in Q2 2021.
  • Carmignac Gestion opened 21 new positions and closed 25 in Q2 2021.
  • Carmignac Gestion's portfolio value fell 1.1% quarter-over-quarter to $8.62B.

Based on Carmignac Gestion's 13F filing for Q2 2021, filed 13 Aug 2021.