We are live on
!
Find out more
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
+1.9%
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
$7.39B
AUM Growth
+$684M
(+10%)
Cap. Flow
+$547M
Cap. Flow
% of AUM
7.4%
Top 10 Holdings %
Top 10 Hldgs %
51.89%
Holding
170
New
38
Increased
43
Reduced
24
Closed
45
Avg Time Held Equity + Options
1.8
years
Top 10 Avg Time Held Equity + Options
1.5
years
Top 20 Avg Time Held Equity + Options
1.9
years
Avg Time Held Equity only
1.9
years
Top 10 Avg Time Held Equity only
1.5
years
Top 20 Avg Time Held Equity only
1.9
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$313M |
| 2 |
Atlassian
TEAM
|
+$186M |
| 3 |
ServiceNow
NOW
|
+$131M |
| 4 |
Salesforce
CRM
|
+$128M |
| 5 |
Block Inc
XYZ
|
+$104M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$282M |
| 2 |
Meta Platforms (Facebook)
META
|
+$150M |
| 3 |
Amazon
AMZN
|
+$110M |
| 4 |
Eli Lilly
LLY
|
+$90.3M |
| 5 |
Eaton
ETN
|
+$81.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 38.19% |
| 2 | Financials | 16.28% |
| 3 | Healthcare | 14.81% |
| 4 | Consumer Discretionary | 12.74% |
| 5 | Communication Services | 6.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
51
Home Depot
HD
$308B
| $14.5M | 0.2% |
42,046
+2,375
| +6% | +$870K |
2022 Q3
13 quarters
|
|
52
BioNTech
BNTX
$22.7B
| $13.7M | 0.19% |
144,087
+37,538
| +35% | +$3.78M |
2024 Q2
6 quarters
|
|
53
Alamos Gold
AGI
$13.4B
| $12.7M | 0.17% |
329,968
+113,390
| +52% | +$3.95M |
2025 Q2
2 quarters
|
|
54
Clorox
CLX
$10.4B
| $12.4M | 0.17% |
+122,977
| New | +$13.4M |
2025 Q4
0 quarters
|
|
55
Owens Corning
OC
$8.99B
| $11.8M | 0.16% |
105,800
+20,800
| +24% | +$2.44M |
2025 Q3
1 quarter
|
|
56
DELISTED
Chart Industries
GTLS
| $11.5M | 0.16% |
55,842
+9,568
| +21% | +$1.94M |
2025 Q3
1 quarter
|
|
57
DELISTED
Frontier Communications
FYBR
| $11.1M | 0.15% |
290,833
| – | – |
2025 Q1
3 quarters
|
|
58
DELISTED
Cantaloupe
CTLP
| $10.4M | 0.14% |
977,158
| – | – |
2025 Q2
2 quarters
|
|
59
DELISTED
Comerica
CMA
| $9.38M | 0.13% |
+107,873
| New | +$8.68M |
2025 Q4
0 quarters
|
|
60
Neurocrine Biosciences
NBIX
$13.9B
| $9.02M | 0.12% |
+63,600
| New | +$9.21M |
2025 Q4
0 quarters
|
|
61
DELISTED
Exact Sciences
EXAS
| $8.26M | 0.11% |
+81,354
| New | +$6.53M |
2025 Q4
0 quarters
|
|
62
DELISTED
Air Lease Corp
AL
| $8.08M | 0.11% |
+125,849
| New | +$8.03M |
2025 Q4
0 quarters
|
|
63
DELISTED
Denny's
DENN
| $8M | 0.11% |
+1,285,703
| New | +$7.29M |
2025 Q4
0 quarters
|
|
64
DELISTED
CSG Systems International
CSGS
| $7.91M | 0.11% |
+103,097
| New | +$7.61M |
2025 Q4
0 quarters
|
|
65
Twilio
TWLO
$42B
| $7.11M | 0.1% |
+50,000
| New | +$6.19M |
2025 Q4
0 quarters
|
|
66
DELISTED
Clearwater Analytics
CWAN
| $6.95M | 0.09% |
+288,126
| New | +$5.77M |
2025 Q4
0 quarters
|
|
67
DELISTED
Soho House & Co
SHCO
| $6.65M | 0.09% |
741,722
| – | – |
2025 Q3
1 quarter
|
|
68
Vertiv
VRT
$82.7B
| $6.48M | 0.09% |
+40,000
| New | +$6.94M |
2025 Q4
0 quarters
|
|
69
DELISTED
American Woodmark
AMWD
| $6.21M | 0.08% |
115,255
| – | – |
2025 Q3
1 quarter
|
|
70
Intuit
INTU
$88.2B
| $6.09M | 0.08% |
9,179
-4,323
| -32% | -$2.86M |
2019 Q2
26 quarters
|
|
71
DELISTED
Electronic Arts
EA
| $5.87M | 0.08% |
28,740
+1,897
| +7% | +$383K |
2025 Q3
1 quarter
|
|
72
DELISTED
Dayforce
DAY
| $5.51M | 0.07% |
+79,728
| New | +$5.49M |
2025 Q4
0 quarters
|
|
73
DELISTED
Warner Bros
WBD
| $5.36M | 0.07% |
+185,955
| New | +$4.35M |
2025 Q4
0 quarters
|
|
74
DELISTED
ProAssurance
PRA
| $5.25M | 0.07% |
217,263
| – | – |
2025 Q1
3 quarters
|
|
75
KLA
KLAC
$228B
| $4.86M | 0.07% |
40,000
-10,000
| -20% | -$1.17M |
2024 Q2
6 quarters
|
|
Similar funds
Carmignac Gestion's Q4 2025 Portfolio in Review
As of Q4 2025, Carmignac Gestion held 170 positions worth $7.39B, up 10% from $6.71B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Carmignac Gestion deployed $547M of net new capital in Q4 2025, opening 38 new positions and adding to 43 existing holdings. Its largest new stake was Novo Nordisk: 1,003,300 shares worth $51M.
By sector, the portfolio is most concentrated in Technology at 38% of assets, up from 30% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Alphabet (Google) Class A, an estimated $282M trimmed.
- Carmignac Gestion's largest Q4 2025 buy was Novo Nordisk: 1,003,300 shares worth $51M.
- Carmignac Gestion added most to Microsoft in Q4 2025, an estimated $313M increase.
- Carmignac Gestion's biggest Q4 2025 reduction was Alphabet (Google) Class A, cutting an estimated $282M.
- Carmignac Gestion fully exited Eaton in Q4 2025, selling an estimated $81.1M.
- Carmignac Gestion's ten largest holdings make up 52% of its $7.39B portfolio in Q4 2025.
- Carmignac Gestion opened 38 new positions and closed 45 in Q4 2025.
- Carmignac Gestion's portfolio value rose 10% quarter-over-quarter to $7.39B.
Based on Carmignac Gestion's 13F filing for Q4 2025, filed 13 Feb 2026.