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 |
AT&T
T
|
+$197M |
| 2 |
Comcast
CMCSA
|
+$174M |
| 3 |
Microsoft
MSFT
|
+$155M |
| 4 |
Bank of America
BAC
|
+$105M |
| 5 |
GE Aerospace
GE
|
+$101M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$300M |
| 2 |
YHOO
Yahoo Inc
YHOO
|
+$210M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$183M |
| 4 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$164M |
| 5 |
STJ
St Jude Medical
STJ
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.24% |
| 2 | Energy | 15.35% |
| 3 | Communication Services | 11.84% |
| 4 | Miscellaneous | 11.63% |
| 5 | Technology | 9.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Bank of America
BAC
$346B
| $427M | 4.4% |
19,330,096
+5,434,462
| +39% | +$105M |
2013 Q4
12 quarters
|
|
|
2
Comcast
CMCSA
$82.5B
| $386M | 3.98% |
11,174,504
+5,224,864
| +88% | +$174M |
2016 Q3
1 quarter
|
|
|
YHOO
3
DELISTED
Yahoo Inc
YHOO
| $340M | 3.5% |
8,784,457
-5,117,875
| -37% | -$210M |
2015 Q1
7 quarters
|
|
|
4
AT&T
T
$144B
| $258M | 2.66% |
8,043,603
+6,666,210
| +484% | +$197M |
2014 Q4
8 quarters
|
|
|
5
Microsoft
MSFT
$3.88T
| $239M | 2.46% |
3,845,394
+2,581,492
| +204% | +$155M |
2015 Q4
4 quarters
|
|
6
MPLX
MPLX
$61B
| $186M | 1.92% |
5,373,500
| – | – |
2016 Q2
2 quarters
|
|
|
7
Apple
AAPL
$5.03T
| $173M | 1.78% |
5,969,396
-10,564,864
| -64% | -$300M |
2013 Q4
12 quarters
|
|
8
ExxonMobil
XOM
$764B
| $136M | 1.41% |
1,511,383
+775,029
| +105% | +$67.7M |
2016 Q1
3 quarters
|
|
9
Wells Fargo
WFC
$250B
| $133M | 1.37% |
2,408,331
+1,287,835
| +115% | +$64.8M |
2016 Q2
2 quarters
|
|
10
General Motors
GM
$74.2B
| $127M | 1.31% |
3,650,896
+1,046,799
| +40% | +$35.2M |
2014 Q1
11 quarters
|
|
11
DELISTED
ANTERO MIDSTREAM PARTNERS LP
AM
| $123M | 1.26% |
3,973,400
+1,801,700
| +83% | +$51.8M |
2016 Q2
2 quarters
|
|
|
12
GE Aerospace
GE
$313B
| $116M | 1.2% |
767,979
+698,465
| +1,005% | +$101M |
2013 Q2
14 quarters
|
|
13
AutoZone
AZO
$51B
| $114M | 1.17% |
144,194
-22,993
| -14% | -$17.7M |
2016 Q3
1 quarter
|
|
14
Philip Morris
PM
$325B
| $112M | 1.15% |
1,221,515
+1,055,688
| +637% | +$97.8M |
2013 Q2
14 quarters
|
|
|
BWP
15
DELISTED
Boardwalk Pipeline Partners
BWP
| $111M | 1.14% |
6,373,200
+2,886,600
| +83% | +$49.3M |
2016 Q2
2 quarters
|
|
16
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $106M | 1.09% |
2,050,000
-60,780
| -3% | -$3.15M |
2016 Q3
1 quarter
|
|
17
Home Depot
HD
$328B
| $105M | 1.08% |
783,561
+453,171
| +137% | +$58.4M |
2016 Q2
2 quarters
|
|
18
iShares Russell 2000 ETF
IWM
$74.9B
| $102M | 1.06% |
759,869
+757,345
| +30,006% | +$96.8M |
2015 Q4
4 quarters
|
|
19
Verizon
VZ
$185B
| $92.3M | 0.95% |
1,728,178
-618,059
| -26% | -$30.9M |
2016 Q2
2 quarters
|
|
|
PSXP
20
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $90.3M | 0.93% |
1,856,400
+928,200
| +100% | +$42.7M |
2016 Q2
2 quarters
|
|
21
iShares Core S&P 500 ETF
IVV
$869B
| $89.9M | 0.93% |
400,000
| – | – |
2016 Q2
2 quarters
|
|
22
State Street Utilities Select Sector SPDR ETF
XLU
$24.3B
| $89.7M | 0.92% |
3,692,068
-2,200
| -0.1% | -$52.5K |
2016 Q3
1 quarter
|
|
23
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$44.8B
| $88.9M | 0.92% |
450,550
-15,679
| -3% | -$2.96M |
2015 Q1
7 quarters
|
|
24
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$4.35B
| $82.9M | 0.85% |
500,000
| – | – |
2016 Q3
1 quarter
|
|
25
Amazon
AMZN
$2.6T
| $78.2M | 0.81% |
2,084,340
-2,110,620
| -50% | -$82.7M |
2016 Q2
2 quarters
|
|
Similar funds
Natixis's Q4 2016 Portfolio in Review
As of Q4 2016, Natixis held 934 positions worth $9.7B, up 12% from $8.65B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Natixis deployed $674M of net new capital in Q4 2016, opening 417 new positions and adding to 273 existing holdings. Its largest new stake was Salesforce: 857,640 shares worth $58.7M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 12% a quarter earlier, followed by Energy and Communication Services.
On the sell side, the largest reduction was Apple, an estimated $300M trimmed.
- Natixis's largest Q4 2016 buy was Salesforce: 857,640 shares worth $58.7M.
- Natixis added most to AT&T in Q4 2016, an estimated $197M increase.
- Natixis's biggest Q4 2016 reduction was Apple, cutting an estimated $300M.
- Natixis fully exited State Street SPDR S&P 500 ETF Trust in Q4 2016, selling an estimated $183M.
- Natixis's ten largest holdings make up 25% of its $9.7B portfolio in Q4 2016.
- Natixis opened 417 new positions and closed 73 in Q4 2016.
- Natixis's portfolio value rose 12% quarter-over-quarter to $9.7B.
Based on Natixis's 13F filing for Q4 2016, filed 14 Feb 2017.