We are live on ! Find out more
CG

Carmignac Gestion Portfolio holdings

AUM $7.71B
1-Year Est. Return 4.02%
This Fund
S&P 500
This Quarter Est. Return
+20.33%
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
$6.5B
AUM Growth
+$408M
Cap. Flow
-$561M
Cap. Flow %
-8.63%
Top 10 Hldgs %
51.73%
Holding
181
New
22
Increased
42
Reduced
49
Closed
52

Top Buys

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$157M
2
TMO icon
Thermo Fisher Scientific
TMO
+$84.5M
3
ANET icon
Arista Networks
ANET
+$68.9M
4
SPGI icon
S&P Global
SPGI
+$65.3M
5
CRM icon
Salesforce
CRM
+$61.3M

Top Sells

Rank Stock Value
1
SLB icon
SLB Ltd
SLB
+$192M
2
SNPS icon
Synopsys
SNPS
+$154M
3
AMZN icon
Amazon
AMZN
+$141M
4
CNC icon
Centene
CNC
+$138M
5
PH icon
Parker-Hannifin
PH
+$87.4M

Sector Composition

Rank Sector Weight
1 Technology 32.8%
2 Consumer Discretionary 18.35%
3 Healthcare 17.86%
4 Financials 10.29%
5 Communication Services 9.74%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MA icon
151
Mastercard
MA
$521B
– –
-111,981
Closed -$61.9M
MTZ icon
152
MasTec
MTZ
$19.4B
– –
-8,960
Closed -$1.05M
NEE icon
153
NextEra Energy
NEE
$171B
– –
-46,138
Closed -$3.27M
NOV icon
154
NOV
NOV
$7.48B
– –
-25,000
Closed -$381K
NOVA
155
DELISTED
Sunnova Energy
NOVA
– –
-41,999
Closed -$15.6K
NVT icon
156
nVent Electric
NVT
$24B
– –
-37,002
Closed -$1.94M
PANW icon
157
Palo Alto Networks
PANW
$303B
– –
-3,000
Closed -$512K
PLUG icon
158
Plug Power
PLUG
$3.06B
– –
-67,284
Closed -$90.8K
PLYA
159
DELISTED
Playa Hotels & Resorts
PLYA
– –
-563,168
Closed -$7.51M
RSG icon
160
Republic Services
RSG
$68B
– –
-7,761
Closed -$1.88M
RUN icon
161
Sunrun
RUN
$2.11B
– –
-11,626
Closed -$68.1K
SEDG icon
162
SolarEdge
SEDG
$1.93B
– –
-5,975
Closed -$96.7K
SLB icon
163
SLB Ltd
SLB
$85.1B
– –
-4,605,000
Closed -$192M
SNOW icon
164
Snowflake
SNOW
$114B
– –
-1,500
Closed -$219K
TAL icon
165
TAL Education Group
TAL
$6.62B
– –
-58,527
Closed -$773K
TPIC
166
DELISTED
TPI Composites
TPIC
– –
-87,311
Closed -$70.4K
VLTO icon
167
Veralto
VLTO
$24B
– –
-15,644
Closed -$1.52M
WM icon
168
Waste Management
WM
$87.8B
– –
-28,164
Closed -$6.52M
TBBB icon
169
BBB Foods
TBBB
$5.91B
– –
-15,000
Closed -$400K
SNRE
170
DELISTED
Sunrise Communications AG American Depositary Shares representing Class A shares
SNRE
– –
-9,420
Closed -$455K
BERY
171
DELISTED
Berry Global Group, Inc.
BERY
– –
-27,800
Closed -$1.94M
BECN
172
DELISTED
Beacon Roofing Supply, Inc.
BECN
– –
-28,633
Closed -$3.54M
PDCO
173
DELISTED
Patterson Companies, Inc.
PDCO
– –
-106,772
Closed -$3.34M
AMPS
174
DELISTED
Altus Power
AMPS
– –
-600,440
Closed -$2.97M
PYCR
175
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
– –
-147,693
Closed -$3.31M
4 5 6
7
8

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 2025 Portfolio in Review

As of Q2 2025, Carmignac Gestion held 181 positions worth $6.5B, up 6.7% from $6.09B the previous quarter. Its ten largest holdings account for 52% of the portfolio.

Carmignac Gestion withdrew a net $561M in Q2 2025, closing 52 positions and reducing 49 holdings. Its most notable exit was SLB Ltd, an estimated $192M position sold in full.

By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 27% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Carmignac Gestion opened a new position in Airbnb worth $51.7M.

  • Carmignac Gestion's largest Q2 2025 buy was Airbnb: 390,970 shares worth $51.7M.
  • Carmignac Gestion added most to Alphabet (Google) Class A in Q2 2025, an estimated $157M increase.
  • Carmignac Gestion's biggest Q2 2025 reduction was Synopsys, cutting an estimated $154M.
  • Carmignac Gestion fully exited SLB Ltd in Q2 2025, selling an estimated $192M.
  • Carmignac Gestion's ten largest holdings make up 52% of its $6.5B portfolio in Q2 2025.
  • Carmignac Gestion opened 22 new positions and closed 52 in Q2 2025.
  • Carmignac Gestion's portfolio value rose 6.7% quarter-over-quarter to $6.5B.

Based on Carmignac Gestion's 13F filing for Q2 2025, filed 13 Aug 2025.