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CF

Covea Finance Portfolio holdings

AUM $3.17B
1-Year Est. Return 35.01%
This Fund
S&P 500
This Quarter Est. Return
-5.09%
1 Year Est. Return
+35.01%
3 Year Est. Return
+114.73%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$1.78B
AUM Growth
-$53.9M
Cap. Flow
+$56.9M
Cap. Flow %
3.2%
Top 10 Hldgs %
30.97%
Holding
115
New
7
Increased
36
Reduced
22
Closed
8

Top Buys

Rank Stock Value
1
ABT icon
Abbott
ABT
+$28.9M
2
HUBB icon
Hubbell
HUBB
+$15.7M
3
UNH icon
UnitedHealth
UNH
+$14.7M
4
AMD icon
Advanced Micro Devices
AMD
+$12.5M
5
V icon
Visa
V
+$11.6M

Top Sells

Rank Stock Value
1
CNI icon
Canadian National Railway
CNI
+$30.1M
2
MRK icon
Merck
MRK
+$15.3M
3
TJX icon
TJX Companies
TJX
+$14.3M
4
AMT icon
American Tower
AMT
+$10.9M
5
ES icon
Eversource Energy
ES
+$9.93M

Sector Composition

Rank Sector Weight
1 Technology 28.67%
2 Industrials 15.97%
3 Healthcare 13.61%
4 Consumer Discretionary 10.2%
5 Energy 7.56%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ALGM icon
101
Allegro MicroSystems
ALGM
$8.18B
$1.44M 0.08%
45,000
+17,500
+64% +$711K
WSO icon
102
Watsco Inc
WSO
$13.6B
$1.44M 0.08%
3,800
– –
CMC icon
103
Commercial Metals
CMC
$8.34B
$1.43M 0.08%
+29,000
New +$1.58M
RGEN icon
104
Repligen
RGEN
$9.2B
$1.32M 0.07%
8,300
+1,300
+19% +$213K
CLH icon
105
Clean Harbors
CLH
$16.2B
$1.17M 0.07%
+7,000
New +$1.18M
BSY icon
106
Bentley Systems
BSY
$10.7B
$1.15M 0.06%
+23,000
New +$1.16M
ZWS icon
107
Zurn Elkay Water Solutions
ZWS
$8.53B
$1.12M 0.06%
40,000
-40,000
-50% -$1.14M
BJ icon
108
BJs Wholesale Club
BJ
$12.3B
– –
-38,500
Closed -$2.43M
BURL icon
109
Burlington
BURL
$23.2B
– –
-11,200
Closed -$1.76M
CNI icon
110
Canadian National Railway
CNI
$76.7B
– –
-248,925
Closed -$30.1M
ES icon
111
Eversource Energy
ES
$27.3B
– –
-140,000
Closed -$9.93M
FLO icon
112
Flowers Foods
FLO
$1.58B
– –
-47,000
Closed -$1.17M
GM icon
113
General Motors
GM
$77B
– –
-97,500
Closed -$3.76M
MRK icon
114
Merck
MRK
$317B
– –
-132,900
Closed -$15.3M
PI icon
115
Impinj
PI
$5.42B
– –
-18,000
Closed -$1.61M
1 2 3 4
5

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CVA
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BP
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FAM
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DCM
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BI
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LFG
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Covea Finance's Q3 2023 Portfolio in Review

As of Q3 2023, Covea Finance held 115 positions worth $1.78B, down 2.9% from $1.83B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Covea Finance deployed $56.9M of net new capital in Q3 2023, opening 7 new positions and adding to 36 existing holdings. Its largest new stake was Hubbell: 49,200 shares worth $15.4M.

By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 29% a quarter earlier, followed by Industrials and Healthcare.

On the sell side, the largest reduction was TJX Companies, an estimated $14.3M trimmed.

  • Covea Finance's largest Q3 2023 buy was Hubbell: 49,200 shares worth $15.4M.
  • Covea Finance added most to Abbott in Q3 2023, an estimated $28.9M increase.
  • Covea Finance's biggest Q3 2023 reduction was TJX Companies, cutting an estimated $14.3M.
  • Covea Finance fully exited Canadian National Railway in Q3 2023, selling an estimated $30.1M.
  • Covea Finance's ten largest holdings make up 31% of its $1.78B portfolio in Q3 2023.
  • Covea Finance opened 7 new positions and closed 8 in Q3 2023.
  • Covea Finance's portfolio value fell 2.9% quarter-over-quarter to $1.78B.

Based on Covea Finance's 13F filing for Q3 2023, filed 10 Oct 2023.