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
+7.47%
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
$13.1B
AUM Growth
+$177M
Cap. Flow
-$616M
Cap. Flow %
-4.72%
Top 10 Hldgs %
44.34%
Holding
85
New
10
Increased
30
Reduced
30
Closed
6
Avg Time Held Equity + Options
0.8 years
Top 10 Avg Time Held Equity + Options
1.5 years
Top 20 Avg Time Held Equity + Options
1.3 years
Avg Time Held Equity only
0.8 years
Top 10 Avg Time Held Equity only
1.5 years
Top 20 Avg Time Held Equity only
1.3 years

Top Buys

Rank Stock Value
1
ATVI
Activision Blizzard
ATVI
+$290M
2
PXD icon
Pioneer Natural Resource Co.
PXD
+$160M
3
EOG icon
EOG Resources
EOG
+$111M
4
GRUB
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
+$101M
5
CMG icon
Chipotle Mexican Grill
CMG
+$81.3M

Top Sells

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$414M
2
CHTR icon
Charter Communications
CHTR
+$242M
3
APC icon
Anadarko Petroleum
APC
+$235M
4
ICE icon
Intercontinental Exchange
ICE
+$177M
5
BSMX
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
+$123M

Sector Composition

Rank Sector Weight
1 Energy 20.5%
2 Materials 14.98%
3 Financials 14.27%
4 Consumer Discretionary 11.68%
5 Communication Services 11.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
CELG
1
DELISTED
Celgene Corp
CELG
$942M 7.22%
7,567,821
-528,356
-7% -$63.2M
2013 Q2
15 quarters
APC icon
2
DELISTED
Anadarko Petroleum
APC
$727M 5.57%
11,727,702
-3,532,412
-23% -$235M
2013 Q2
15 quarters
META icon
3
Meta Platforms (Facebook)
META
$1.88T
$667M 5.11%
4,696,887
-3,094,541
-40% -$414M
2013 Q4
13 quarters
ICE icon
4
Intercontinental Exchange
ICE
$87.1B
$619M 4.74%
10,335,555
-3,022,845
-23% -$177M
2013 Q2
15 quarters
CX icon
5
Cemex
CX
$13.7B
$517M 3.96%
59,319,683
+1,807,390
+3% +$15.2M
2016 Q3
2 quarters
PXD icon
6
DELISTED
Pioneer Natural Resource Co.
PXD
$510M 3.9%
2,736,362
+860,135
+46% +$160M
2016 Q3
2 quarters
MELI icon
7
Mercado Libre
MELI
$93.2B
$486M 3.72%
2,298,476
-85,047
-4% -$16.7M
2014 Q4
9 quarters
MA icon
8
Mastercard
MA
$528B
$453M 3.47%
4,027,342
-546,280
-12% -$59.9M
2014 Q4
9 quarters
NEM icon
9
Newmont
NEM
$118B
$446M 3.42%
13,545,698
-34,200
-0.3% -$1.19M
2016 Q1
4 quarters
V icon
10
Visa
V
$735B
$419M 3.21%
4,717,854
-711,907
-13% -$61.2M
2014 Q4
9 quarters
GG
11
DELISTED
Goldcorp Inc
GG
$383M 2.94%
26,254,055
+318,400
+1% +$4.98M
2016 Q1
4 quarters
NOW icon
12
ServiceNow
NOW
$145B
$379M 2.91%
21,689,190
+59,000
+0.3% +$1.03M
2015 Q1
8 quarters
TMUS icon
13
T-Mobile US
TMUS
$169B
$373M 2.86%
5,771,872
+15,500
+0.3% +$953K
2015 Q4
5 quarters
AMZN icon
14
Amazon
AMZN
$2.74T
$362M 2.77%
8,163,980
-2,422,920
-23% -$101M
2015 Q1
8 quarters
ATVI
15
DELISTED
Activision Blizzard
ATVI
$329M 2.52%
+6,606,211
New +$290M
2017 Q1
0 quarters
EOG icon
16
EOG Resources
EOG
$80.9B
$322M 2.47%
3,301,896
+1,114,300
+51% +$111M
2016 Q3
2 quarters
BAC icon
17
Bank of America
BAC
$359B
$301M 2.3%
12,738,927
+2,887,300
+29% +$68.5M
2016 Q4
1 quarter
MSFT icon
18
Microsoft
MSFT
$3.96T
$293M 2.25%
4,449,525
-786,851
-15% -$50.4M
2016 Q1
4 quarters
CXO
19
DELISTED
CONCHO RESOURCES INC.
CXO
$286M 2.19%
2,226,138
+148,580
+7% +$20M
2016 Q2
3 quarters
WPM icon
20
Wheaton Precious Metals
WPM
$58.9B
$279M 2.13%
13,368,090
+36,500
+0.3% +$759K
2016 Q1
4 quarters
NKE icon
21
Nike
NKE
$52.4B
$277M 2.12%
4,972,864
-305,990
-6% -$16.9M
2016 Q2
3 quarters
TRIP icon
22
TripAdvisor
TRIP
$1.05B
$274M 2.1%
6,347,670
+659,867
+12% +$31.3M
2016 Q3
2 quarters
CBD
23
DELISTED
Companhia Brasileira de Distribuicao
CBD
$244M 1.87%
12,730,886
+34,500
+0.3% +$636K
2016 Q1
4 quarters
ICPT
24
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
$229M 1.76%
2,028,192
+5,400
+0.3% +$630K
2014 Q2
11 quarters
SLB icon
25
SLB Ltd
SLB
$72B
$211M 1.62%
2,699,707
-43,200
-2% -$3.53M
2016 Q3
2 quarters
1
2 3 4

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 2017 Portfolio in Review

As of Q1 2017, Carmignac Gestion held 85 positions worth $13.1B, up 1.4% from $12.9B the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Carmignac Gestion withdrew a net $616M in Q1 2017, closing 6 positions and reducing 30 holdings. Its most notable exit was Praxair Inc, an estimated $14.1M position sold in full.

By sector, the portfolio is most concentrated in Energy at 20% of assets, down from 22% a quarter earlier, followed by Materials and Financials.

Against the trend, Carmignac Gestion opened a new position in Activision Blizzard worth $329M.

  • Carmignac Gestion's largest Q1 2017 buy was Activision Blizzard: 6,606,211 shares worth $329M.
  • Carmignac Gestion added most to Pioneer Natural Resource Co. in Q1 2017, an estimated $160M increase.
  • Carmignac Gestion's biggest Q1 2017 reduction was Meta Platforms (Facebook), cutting an estimated $414M.
  • Carmignac Gestion fully exited Praxair Inc in Q1 2017, selling an estimated $14.1M.
  • Carmignac Gestion's ten largest holdings make up 44% of its $13.1B portfolio in Q1 2017.
  • Carmignac Gestion opened 10 new positions and closed 6 in Q1 2017.
  • Carmignac Gestion's portfolio value rose 1.4% quarter-over-quarter to $13.1B.

Based on Carmignac Gestion's 13F filing for Q1 2017, filed 15 May 2017.