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
TVRD icon
151
CALL
Tvardi Therapeutics
TVRD
$13.3M
– –
0
– -$9.79M
2021 Q1
1 quarter
OLK icon
152
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
– –
-100,000
Closed -$3.6M –
FTCH
153
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
– –
-3,057
Closed -$162K –
XM
154
DELISTED
Qualtrics International Inc. Class A Common Stock
XM
– –
-65,000
Closed -$2.14M –
CCXI icon
155
DELISTED
ChemoCentryx, Inc.
CCXI
– –
-53,465
Closed -$1.32M –
ACTDU
156
DELISTED
ArcLight Clean Transition Corp. II Unit
ACTDU
– –
-247,420
Closed -$4.42M –
3 4 5 6
7

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NAMA
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SIAU
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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.