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
-10.76%
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
$5.86B
AUM Growth
-$1.63B
Cap. Flow
-$759M
Cap. Flow %
-12.95%
Top 10 Hldgs %
43.3%
Holding
148
New
20
Increased
45
Reduced
48
Closed
17
Avg Time Held Equity + Options
1.4 years
Top 10 Avg Time Held Equity + Options
1.7 years
Top 20 Avg Time Held Equity + Options
1.3 years
Avg Time Held Equity only
1.5 years
Top 10 Avg Time Held Equity only
1.7 years
Top 20 Avg Time Held Equity only
1.3 years

Top Buys

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$268M
2
PYPL icon
PayPal
PYPL
+$197M
3
EW icon
Edwards Lifesciences
EW
+$108M
4
TMUS icon
T-Mobile US
TMUS
+$94.4M
5
GDS icon
GDS Holdings
GDS
+$83.3M

Top Sells

Rank Stock Value
1
FISV icon
Fiserv Inc
FISV
+$192M
2
PTC icon
PTC
PTC
+$177M
3
ICE icon
Intercontinental Exchange
ICE
+$150M
4
JD icon
JD.com
JD
+$144M
5
META icon
Meta Platforms (Facebook)
META
+$126M

Sector Composition

Rank Sector Weight
1 Healthcare 19.74%
2 Consumer Discretionary 19.59%
3 Communication Services 17.12%
4 Technology 14.21%
5 Consumer Staples 10.35%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
AMZN icon
1
Amazon
AMZN
$2.74T
$393M 6.72%
4,034,960
+2,767,100
+218% +$268M
2019 Q4
1 quarter
JD icon
2
JD.com
JD
$36B
$378M 6.45%
9,331,097
-3,607,292
-28% -$144M
2018 Q3
6 quarters
META icon
3
Meta Platforms (Facebook)
META
$1.88T
$273M 4.66%
1,636,470
-641,511
-28% -$126M
2013 Q4
25 quarters
GOOGL icon
4
Alphabet (Google) Class A
GOOGL
$4.25T
$271M 4.62%
4,656,040
-701,860
-13% -$47.6M
2018 Q3
6 quarters
STZ icon
5
Constellation Brands
STZ
$21.6B
$244M 4.16%
1,700,494
-69,918
-4% -$12.3M
2018 Q2
7 quarters
WUBA
6
DELISTED
58.com Inc
WUBA
$235M 4.01%
4,819,123
+281,863
+6% +$16.2M
2016 Q3
14 quarters
FIS icon
7
Fidelity National Information Services
FIS
$18.3B
$196M 3.35%
1,614,216
-19,116
-1% -$2.65M
2019 Q3
2 quarters
ICE icon
8
Intercontinental Exchange
ICE
$87.1B
$195M 3.33%
2,413,924
-1,655,269
-41% -$150M
2013 Q2
27 quarters
ELV icon
9
Elevance Health
ELV
$92.8B
$177M 3.03%
781,540
-226,775
-22% -$61.8M
2018 Q3
6 quarters
NEM icon
10
Newmont
NEM
$118B
$174M 2.98%
3,849,492
+423,643
+12% +$19.1M
2016 Q1
16 quarters
PYPL icon
11
PayPal
PYPL
$48B
$171M 2.93%
1,791,187
+1,786,595
+38,907% +$197M
2018 Q4
5 quarters
CNC icon
12
Centene
CNC
$34.7B
$149M 2.54%
2,502,356
-418,269
-14% -$25.4M
2019 Q2
3 quarters
MA icon
13
Mastercard
MA
$528B
$142M 2.42%
587,835
+47,442
+9% +$14.1M
2014 Q4
21 quarters
GDDY icon
14
GoDaddy
GDDY
$13.1B
$141M 2.41%
2,467,770
-807,387
-25% -$53.4M
2019 Q1
4 quarters
CRM icon
15
Salesforce
CRM
$194B
$140M 2.4%
974,549
-657,194
-40% -$113M
2019 Q3
2 quarters
BKNG icon
16
Booking.com
BKNG
$121B
$131M 2.24%
2,439,400
-64,500
-3% -$4.53M
2018 Q2
7 quarters
MRK icon
17
Merck
MRK
$364B
$129M 2.21%
1,761,697
+433,174
+33% +$34M
2019 Q4
1 quarter
ALC icon
18
Alcon
ALC
$30.9B
$126M 2.15%
2,483,431
-2,700
-0.1% -$155K
2019 Q2
3 quarters
PG icon
19
Procter & Gamble
PG
$364B
$110M 1.89%
1,003,791
+72,175
+8% +$8.66M
2019 Q3
2 quarters
WPM icon
20
Wheaton Precious Metals
WPM
$58.9B
$110M 1.88%
3,998,623
+693,773
+21% +$20M
2016 Q1
16 quarters
ESTC icon
21
Elastic
ESTC
$9.67B
$108M 1.84%
1,930,074
-32,998
-2% -$2.13M
2019 Q2
3 quarters
SYK icon
22
Stryker
SYK
$108B
$99.3M 1.7%
596,528
+49,868
+9% +$9.74M
2019 Q2
3 quarters
MELI icon
23
Mercado Libre
MELI
$93.2B
$98.4M 1.68%
201,338
-26,112
-11% -$16.1M
2014 Q4
21 quarters
EW icon
24
Edwards Lifesciences
EW
$49.8B
$93.8M 1.6%
+1,492,101
New +$108M
2020 Q1
0 quarters
TMUS icon
25
T-Mobile US
TMUS
$169B
$93.6M 1.6%
+1,115,222
New +$94.4M
2020 Q1
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 Q1 2020 Portfolio in Review

As of Q1 2020, Carmignac Gestion held 148 positions worth $5.86B, down 22% from $7.49B the previous quarter. Its ten largest holdings account for 43% of the portfolio.

Carmignac Gestion withdrew a net $759M in Q1 2020, closing 17 positions and reducing 48 holdings. Its most notable exit was Spirit Airlines, Inc., an estimated $117M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 20% of assets, down from 22% a quarter earlier, followed by Consumer Discretionary and Communication Services.

Against the trend, Carmignac Gestion opened a new position in Edwards Lifesciences worth $93.8M.

  • Carmignac Gestion's largest Q1 2020 buy was Edwards Lifesciences: 1,492,101 shares worth $93.8M.
  • Carmignac Gestion added most to Amazon in Q1 2020, an estimated $268M increase.
  • Carmignac Gestion's biggest Q1 2020 reduction was Fiserv Inc, cutting an estimated $192M.
  • Carmignac Gestion fully exited Spirit Airlines, Inc. in Q1 2020, selling an estimated $117M.
  • Carmignac Gestion's ten largest holdings make up 43% of its $5.86B portfolio in Q1 2020.
  • Carmignac Gestion opened 20 new positions and closed 17 in Q1 2020.
  • Carmignac Gestion's portfolio value fell 22% quarter-over-quarter to $5.86B.

Based on Carmignac Gestion's 13F filing for Q1 2020, filed 14 May 2020.