Mirova Portfolio holdings
Mirova is a Paris-based asset manager devoted to sustainable investing and an affiliate of Natixis Investment Managers. Philippe Zaouati founded it in 2012 as a department of Natixis Asset Management (later renamed Ostrum Asset Management), and in 2014 it became a direct affiliate of Natixis Investment Managers. Mirova aims to build every portfolio to fit a climate path below 2°C, and its Althelia funds invest in the sustainable management of land and marine resources. It bought SunFunder, a Nairobi-based specialist in clean energy and climate investment in emerging markets, in 2022, and in 2020 became a mission-driven company under French law.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Thermo Fisher Scientific
TMO
|
+$82.9M |
| 2 |
Mastercard
MA
|
+$80.3M |
| 3 |
Microsoft
MSFT
|
+$80.1M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$74M |
| 5 |
Danaher
DHR
|
+$73.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
First Solar
FSLR
|
+$1.63M |
| 2 |
Johnson & Johnson
JNJ
|
+$302K |
| 3 |
Abbott
ABT
|
+$251K |
| 4 |
Voya Financial
VOYA
|
+$207K |
| 5 |
Rockwell Automation
ROK
|
+$172K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.22% |
| 2 | Technology | 22.57% |
| 3 | Financials | 15.16% |
| 4 | Materials | 10.65% |
| 5 | Utilities | 8.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Thermo Fisher Scientific
TMO
$259B
| $127M | 11.2% |
431,449
+301,038
| +231% | +$82.9M |
2018 Q4
2 quarters
|
|
2
Ecolab
ECL
$86.7B
| $106M | 9.36% |
536,148
+363,259
| +210% | +$67.5M |
2018 Q4
2 quarters
|
|
|
3
Danaher
DHR
$164B
| $96.9M | 8.57% |
765,020
+620,221
| +428% | +$73.4M |
2018 Q4
2 quarters
|
|
|
4
Mastercard
MA
$576B
| $88.2M | 7.79% |
333,316
+320,934
| +2,592% | +$80.3M |
2018 Q4
2 quarters
|
|
|
5
Microsoft
MSFT
$3.89T
| $87M | 7.69% |
649,725
+630,917
| +3,355% | +$80.1M |
2018 Q4
2 quarters
|
|
|
6
Alphabet (Google) Class A
GOOGL
$3.64T
| $71.2M | 6.29% |
1,314,880
+1,277,920
| +3,458% | +$74M |
2018 Q4
2 quarters
|
|
7
Visa
V
$794B
| $59M | 5.21% |
339,800
+336,770
| +11,115% | +$55.1M |
2018 Q4
2 quarters
|
|
8
Roper Technologies
ROP
$47.5B
| $56.1M | 4.96% |
153,283
+153,167
| +132,041% | +$54.4M |
2018 Q4
2 quarters
|
|
9
American Water Works
AWK
$29.8B
| $49.7M | 4.39% |
428,126
+410,693
| +2,356% | +$45.3M |
2018 Q4
2 quarters
|
|
10
Amazon
AMZN
$2.88T
| $41.5M | 3.67% |
438,260
+432,560
| +7,589% | +$40.3M |
2018 Q4
2 quarters
|
|
11
eBay
EBAY
$53.1B
| $35.8M | 3.17% |
906,699
+905,899
| +113,237% | +$34.1M |
2018 Q4
2 quarters
|
|
12
TSMC
TSM
$2.07T
| $30.4M | 2.69% |
777,310
+776,876
| +179,004% | +$32M |
2019 Q1
1 quarter
|
|
13
NextEra Energy
NEE
$179B
| $29.6M | 2.61% |
577,628
+544,768
| +1,658% | +$26.8M |
2018 Q4
2 quarters
|
|
14
Gilead Sciences
GILD
$208B
| $25.5M | 2.25% |
377,381
+374,438
| +12,723% | +$24.6M |
2018 Q4
2 quarters
|
|
|
SBNY
15
DELISTED
Signature Bank
SBNY
| $21.7M | 1.92% |
179,956
+179,813
| +125,743% | +$22.2M |
2018 Q4
2 quarters
|
|
16
Estee Lauder
EL
$40.5B
| $20.6M | 1.82% |
112,482
+111,380
| +10,107% | +$19M |
2018 Q4
2 quarters
|
|
17
CGI
GIB
$16.7B
| $19.5M | 1.72% |
253,024
+6,539
| +3% | +$475K |
2018 Q4
2 quarters
|
|
18
Adobe
ADBE
$94.6B
| $19.2M | 1.7% |
65,187
+64,041
| +5,588% | +$17.8M |
2018 Q4
2 quarters
|
|
19
Oracle
ORCL
$391B
| $18M | 1.59% |
316,190
+313,803
| +13,146% | +$17M |
2018 Q4
2 quarters
|
|
20
Watts Water Technologies
WTS
$12B
| $15.4M | 1.36% |
165,292
+165,149
| +115,489% | +$14.1M |
2018 Q4
2 quarters
|
|
21
International Flavors & Fragrances
IFF
$20.3B
| $14.3M | 1.26% |
98,225
+97,291
| +10,417% | +$13.5M |
2018 Q4
2 quarters
|
|
22
Hexcel
HXL
$6.02B
| $13.7M | 1.21% |
169,702
+25,535
| +18% | +$1.86M |
2018 Q4
2 quarters
|
|
23
Essential Utilities
WTRG
$13B
| $12.9M | 1.14% |
311,747
-3,071
| -1% | -$119K |
2018 Q4
2 quarters
|
|
24
NVIDIA
NVDA
$3.93T
| $12.8M | 1.13% |
3,123,440
+493,840
| +19% | +$2.05M |
2018 Q4
2 quarters
|
|
25
Illumina
ILMN
$31.3B
| $11.5M | 1.01% |
32,065
+32,036
| +110,469% | +$10.1M |
2018 Q4
2 quarters
|
|
Similar funds
Mirova's Q2 2019 Portfolio in Review
As of Q2 2019, Mirova held 135 positions worth $1.13B, up 513% from $184M the previous quarter. Its ten largest holdings account for 69% of the portfolio.
Mirova deployed $898M of net new capital in Q2 2019, opening 36 new positions and adding to 32 existing holdings. Its largest new stake was Church & Dwight Co: 39,716 shares worth $2.9M.
By sector, the portfolio is most concentrated in Healthcare at 23% of assets, down from 30% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was First Solar, an estimated $1.63M trimmed.
- Mirova's largest Q2 2019 buy was Church & Dwight Co: 39,716 shares worth $2.9M.
- Mirova added most to Thermo Fisher Scientific in Q2 2019, an estimated $82.9M increase.
- Mirova's biggest Q2 2019 reduction was First Solar, cutting an estimated $1.63M.
- Mirova fully exited Johnson & Johnson in Q2 2019, selling an estimated $302K.
- Mirova's ten largest holdings make up 69% of its $1.13B portfolio in Q2 2019.
- Mirova opened 36 new positions and closed 6 in Q2 2019.
- Mirova's portfolio value rose 513% quarter-over-quarter to $1.13B.
Based on Mirova's 13F filing for Q2 2019, filed 13 Aug 2019.