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 |
Sunrun
RUN
|
+$8.39M |
| 2 |
The Honest Company
HNST
|
+$2.83M |
| 3 |
Ballard Power Systems
BLDP
|
+$2.48M |
| 4 |
CGI
GIB
|
+$1.37M |
| 5 |
American Water Works
AWK
|
+$928K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Itron
ITRI
|
+$18.2M |
| 2 |
Enphase Energy
ENPH
|
+$5.75M |
| 3 |
First Solar
FSLR
|
+$3.27M |
| 4 |
Synchrony
SYF
|
+$2.61M |
| 5 |
Canadian National Railway
CNI
|
+$2.16M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.55% |
| 2 | Healthcare | 24.68% |
| 3 | Materials | 15.94% |
| 4 | Industrials | 9.37% |
| 5 | Financials | 3.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Thermo Fisher Scientific
TMO
$259B
| $171M | 20.53% |
339,522
| – | – |
2018 Q4
10 quarters
|
|
2
Ecolab
ECL
$86.7B
| $128M | 15.37% |
622,403
-1,196
| -0.2% | -$260K |
2018 Q4
10 quarters
|
|
|
3
Sunrun
RUN
$2.09B
| $86.4M | 10.36% |
1,549,169
+173,646
| +13% | +$8.39M |
2019 Q4
6 quarters
|
|
|
4
Ballard Power Systems
BLDP
$492M
| $57.2M | 6.85% |
3,155,257
+133,458
| +4% | +$2.48M |
2020 Q3
3 quarters
|
|
|
5
First Solar
FSLR
$18.4B
| $38.5M | 4.61% |
425,073
-41,387
| -9% | -$3.27M |
2018 Q4
10 quarters
|
|
6
Wolfspeed
WOLF
$1.33B
| $33.4M | 4% |
340,669
+1,713
| +0.5% | +$173K |
2020 Q3
3 quarters
|
|
|
7
Enphase Energy
ENPH
$3.45B
| $25.1M | 3.01% |
136,822
-39,215
| -22% | -$5.75M |
2020 Q3
3 quarters
|
|
|
8
CGI
GIB
$16.7B
| $24.2M | 2.9% |
266,495
+15,459
| +6% | +$1.37M |
2018 Q4
10 quarters
|
|
9
Alphabet (Google) Class C
GOOG
$3.6T
| $16.9M | 2.02% |
134,800
| – | – |
2018 Q4
10 quarters
|
|
|
10
Itron
ITRI
$4.21B
| $14M | 1.68% |
140,410
-195,736
| -58% | -$18.2M |
2020 Q2
4 quarters
|
|
11
Microsoft
MSFT
$3.89T
| $13.3M | 1.59% |
49,071
-1,619
| -3% | -$412K |
2018 Q4
10 quarters
|
|
12
Mastercard
MA
$576B
| $10M | 1.2% |
27,501
-340
| -1% | -$126K |
2018 Q4
10 quarters
|
|
13
NVIDIA
NVDA
$3.93T
| $8.46M | 1.01% |
423,200
-280
| -0.1% | -$4.49K |
2018 Q4
10 quarters
|
|
14
Eli Lilly
LLY
$1.29T
| $7.71M | 0.92% |
33,580
+999
| +3% | +$201K |
2018 Q4
10 quarters
|
|
|
15
American Water Works
AWK
$29.8B
| $7.61M | 0.91% |
49,357
+5,959
| +14% | +$928K |
2018 Q4
10 quarters
|
|
16
Adobe
ADBE
$94.6B
| $7.32M | 0.88% |
12,507
-208
| -2% | -$107K |
2018 Q4
10 quarters
|
|
17
Estee Lauder
EL
$40.5B
| $5.99M | 0.72% |
18,844
-651
| -3% | -$197K |
2018 Q4
10 quarters
|
|
18
Waste Management
WM
$97B
| $5.58M | 0.67% |
39,865
+126
| +0.3% | +$17.4K |
2019 Q1
9 quarters
|
|
19
NextEra Energy
NEE
$179B
| $5.16M | 0.62% |
70,439
+5,402
| +8% | +$405K |
2018 Q4
10 quarters
|
|
20
Union Pacific
UNP
$180B
| $4.8M | 0.58% |
21,837
+572
| +3% | +$127K |
2018 Q4
10 quarters
|
|
21
Intuitive Surgical
ISRG
$154B
| $4.59M | 0.55% |
14,985
-66
| -0.4% | -$18.5K |
2019 Q1
9 quarters
|
|
22
Visa
V
$794B
| $4.44M | 0.53% |
18,997
| – | – |
2018 Q4
10 quarters
|
|
23
Stryker
SYK
$118B
| $4.29M | 0.51% |
16,514
+1,241
| +8% | +$317K |
2019 Q1
9 quarters
|
|
24
General Motors
GM
$72.5B
| $4.22M | 0.51% |
71,247
-8,034
| -10% | -$472K |
2019 Q1
9 quarters
|
|
25
Alphabet (Google) Class A
GOOGL
$3.64T
| $3.9M | 0.47% |
31,980
-4,800
| -13% | -$561K |
2018 Q4
10 quarters
|
|
Similar funds
Mirova's Q2 2021 Portfolio in Review
As of Q2 2021, Mirova held 167 positions worth $834M, down 0.52% from $839M the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Trading was light in Q2 2021: portfolio turnover was 3%. Mirova opened 3 new positions and exited 2, leaving the 167-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 35% of assets, down from 36% a quarter earlier, followed by Healthcare and Materials.
- Mirova's largest Q2 2021 buy was The Honest Company: 169,402 shares worth $2.74M.
- Mirova added most to Sunrun in Q2 2021, an estimated $8.39M increase.
- Mirova's biggest Q2 2021 reduction was Itron, cutting an estimated $18.2M.
- Mirova fully exited Synchrony in Q2 2021, selling an estimated $2.61M.
- Mirova's ten largest holdings make up 71% of its $834M portfolio in Q2 2021.
- Mirova opened 3 new positions and closed 2 in Q2 2021.
- Mirova's portfolio value fell 0.52% quarter-over-quarter to $834M.
Based on Mirova's 13F filing for Q2 2021, filed 13 Aug 2021.