Natixis Portfolio holdings
Natixis is the wholesale banking subsidiary of the French banking group BPCE, and its businesses have included Natixis Investment Managers, Natixis Wealth Management and Natixis Corporate & Investment Banking. Natixis was created in 2006 by merging the investment banking arms of the Banque Populaire and Caisse d'Epargne groups, which went on to combine as BPCE in 2009. Natixis listed its shares on the stock market in October 2006, with the Caisse d'Epargne and Banque Populaire groups as its main owners. One of its predecessors, Natexis, was formed in 1996 by merging the French foreign trade bank Banque française du commerce extérieur with Crédit national, was taken over by Banque Populaire in 1998 and was renamed Natexis Banques Populaires in 1999. BPCE bought out the remaining public shareholders in 2021 and took Natixis off the stock market, and since then has run those three businesses directly.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$222M |
| 2 |
Cisco
CSCO
|
+$102M |
| 3 |
Bank of America
BAC
|
+$95.9M |
| 4 |
The Kraft Heinz Company
KHC
|
+$87.4M |
| 5 |
PPG Industries
PPG
|
+$70.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$393M |
| 2 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$325M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 4 |
Microsoft
MSFT
|
+$175M |
| 5 |
Amgen
AMGN
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 25.72% |
| 2 | Financials | 20.89% |
| 3 | Technology | 15.8% |
| 4 | Consumer Discretionary | 8.45% |
| 5 | Healthcare | 7.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| $1.02B | 21.25% |
5,306,924
-1,939,036
| -27% | -$393M |
2013 Q2
9 quarters
|
|
2
Apple
AAPL
$5.18T
| $483M | 10.1% |
17,528,140
+596,384
| +4% | +$17.5M |
2013 Q4
7 quarters
|
|
|
3
Goldman Sachs
GS
$264B
| $398M | 8.32% |
2,290,683
+1,131,629
| +98% | +$222M |
2013 Q2
9 quarters
|
|
|
4
Bank of America
BAC
$352B
| $259M | 5.42% |
16,645,237
+5,702,716
| +52% | +$95.9M |
2013 Q4
7 quarters
|
|
5
Pfizer
PFE
$165B
| $113M | 2.35% |
3,782,138
-58,022
| -2% | -$1.86M |
2015 Q2
1 quarter
|
|
6
Alibaba
BABA
$235B
| $111M | 2.32% |
1,885,285
+95,367
| +5% | +$6.93M |
2015 Q1
2 quarters
|
|
7
General Motors
GM
$72.5B
| $110M | 2.3% |
3,665,400
+930,933
| +34% | +$28.5M |
2014 Q1
6 quarters
|
|
8
McDonald's
MCD
$192B
| $103M | 2.16% |
1,049,355
+146,639
| +16% | +$14.3M |
2013 Q2
9 quarters
|
|
|
9
Cisco
CSCO
$377B
| $99.5M | 2.08% |
+3,789,604
| New | +$102M |
2015 Q3
0 quarters
|
|
|
10
The Kraft Heinz Company
KHC
$29.7B
| $81.7M | 1.71% |
+1,158,168
| New | +$87.4M |
2015 Q3
0 quarters
|
|
11
Travelers Companies
TRV
$82.6B
| $81.7M | 1.71% |
820,507
-314,449
| -28% | -$32.2M |
2013 Q2
9 quarters
|
|
12
IBM
IBM
$234B
| $80.2M | 1.67% |
578,473
+271,138
| +88% | +$40M |
2013 Q2
9 quarters
|
|
13
Citigroup
C
$205B
| $77.2M | 1.61% |
1,556,436
-1,616,403
| -51% | -$88.3M |
2013 Q2
9 quarters
|
|
14
AT&T
T
$149B
| $70.6M | 1.47% |
2,868,134
+1,741,908
| +155% | +$44.4M |
2014 Q4
3 quarters
|
|
|
TWC
15
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $62.2M | 1.3% |
347,006
+213,412
| +160% | +$39.9M |
2013 Q3
8 quarters
|
|
|
16
PPG Industries
PPG
$27.1B
| $60.8M | 1.27% |
693,708
+690,886
| +24,482% | +$70.3M |
2015 Q1
2 quarters
|
|
17
JPMorgan Chase
JPM
$919B
| $57.2M | 1.19% |
937,937
-662,654
| -41% | -$43.4M |
2013 Q2
9 quarters
|
|
18
Verizon
VZ
$192B
| $54.7M | 1.14% |
1,258,263
+1,084,092
| +622% | +$50M |
2013 Q2
9 quarters
|
|
19
Walt Disney
DIS
$205B
| $54.6M | 1.14% |
533,795
-78,576
| -13% | -$8.56M |
2013 Q2
9 quarters
|
|
20
Gilead Sciences
GILD
$208B
| $54.4M | 1.14% |
+554,059
| New | +$61.5M |
2015 Q3
0 quarters
|
|
21
Merck
MRK
$364B
| $53.8M | 1.12% |
1,141,443
-44,554
| -4% | -$2.37M |
2013 Q2
9 quarters
|
|
22
Johnson & Johnson
JNJ
$688B
| $50.4M | 1.05% |
540,241
+240,710
| +80% | +$23.3M |
2013 Q2
9 quarters
|
|
23
RTX Corp
RTX
$268B
| $41.8M | 0.87% |
746,242
+741,372
| +15,223% | +$45.6M |
2013 Q2
9 quarters
|
|
24
Netflix
NFLX
$255B
| $39M | 0.81% |
3,774,820
-2,847,110
| -43% | -$30.6M |
2013 Q2
9 quarters
|
|
25
iShares MSCI EAFE ETF
EFA
$77.3B
| $37.6M | 0.79% |
656,745
+167,790
| +34% | +$10.4M |
2015 Q2
1 quarter
|
|
Similar funds
Natixis's Q3 2015 Portfolio in Review
As of Q3 2015, Natixis held 425 positions worth $4.79B, down 35% from $7.39B the previous quarter. Its ten largest holdings account for 58% of the portfolio.
Natixis withdrew a net $2.13B in Q3 2015, closing 119 positions and reducing 152 holdings. Its most notable exit was KRAFT FOODS GROUP INC COM STK (VA), an estimated $325M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 26% of assets, down from 28% a quarter earlier, followed by Financials and Technology.
Against the trend, Natixis opened a new position in Cisco worth $99.5M.
- Natixis's largest Q3 2015 buy was Cisco: 3,789,604 shares worth $99.5M.
- Natixis added most to Goldman Sachs in Q3 2015, an estimated $222M increase.
- Natixis's biggest Q3 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $393M.
- Natixis fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $325M.
- Natixis's ten largest holdings make up 58% of its $4.79B portfolio in Q3 2015.
- Natixis opened 68 new positions and closed 119 in Q3 2015.
- Natixis's portfolio value fell 35% quarter-over-quarter to $4.79B.
Based on Natixis's 13F filing for Q3 2015, filed 16 Nov 2015.