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 |
Johnson & Johnson
JNJ
|
+$280M |
| 2 |
Apple
AAPL
|
+$233M |
| 3 |
Elevance Health
ELV
|
+$126M |
| 4 |
Gilead Sciences
GILD
|
+$122M |
| 5 |
BCR
CR Bard Inc.
BCR
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$255M |
| 2 |
RAI
Reynolds American Inc
RAI
|
+$205M |
| 3 |
McDonald's
MCD
|
+$199M |
| 4 |
Microsoft
MSFT
|
+$124M |
| 5 |
Meta Platforms (Facebook)
META
|
+$95M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.51% |
| 2 | Healthcare | 15.19% |
| 3 | Financials | 12.71% |
| 4 | Technology | 10.41% |
| 5 | Energy | 8.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Johnson & Johnson
JNJ
$656B
| $355M | 3.27% |
2,728,054
+2,112,288
| +343% | +$280M |
2016 Q3
4 quarters
|
|
2
State Street Utilities Select Sector SPDR ETF
XLU
$24.2B
| $255M | 2.35% |
9,600,000
| – | – |
2016 Q3
4 quarters
|
|
|
3
Apple
AAPL
$5T
| $231M | 2.13% |
+5,999,052
| New | +$233M |
2017 Q3
0 quarters
|
|
4
iShares Russell 2000 ETF
IWM
$73.5B
| $222M | 2.05% |
1,500,000
-7,965
| -0.5% | -$1.12M |
2015 Q4
7 quarters
|
|
5
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$44.8B
| $190M | 1.75% |
850,305
+100,305
| +13% | +$21.9M |
2015 Q1
10 quarters
|
|
|
6
Gilead Sciences
GILD
$208B
| $189M | 1.75% |
2,337,690
+1,598,343
| +216% | +$122M |
2016 Q4
3 quarters
|
|
7
MPLX
MPLX
$57.3B
| $189M | 1.75% |
5,408,000
+2,516,500
| +87% | +$86.9M |
2016 Q2
5 quarters
|
|
|
TWX
8
DELISTED
Time Warner Inc
TWX
| $185M | 1.71% |
1,808,943
+1,024,660
| +131% | +$104M |
2017 Q2
1 quarter
|
|
|
9
State Street SPDR S&P 500 ETF Trust
SPY
$775B
| $163M | 1.5% |
650,000
-1,035,708
| -61% | -$255M |
2017 Q1
2 quarters
|
|
10
State Street Energy Select Sector SPDR ETF
XLE
$40.6B
| $161M | 1.48% |
4,696,086
+940,516
| +25% | +$30.6M |
2016 Q3
4 quarters
|
|
11
Goldman Sachs
GS
$251B
| $156M | 1.44% |
657,383
+47,776
| +8% | +$10.8M |
2013 Q2
17 quarters
|
|
12
Alphabet (Google) Class A
GOOGL
$3.47T
| $156M | 1.44% |
3,200,060
+467,380
| +17% | +$22.2M |
2015 Q4
7 quarters
|
|
13
JPMorgan Chase
JPM
$896B
| $148M | 1.37% |
1,550,924
+68,839
| +5% | +$6.35M |
2013 Q2
17 quarters
|
|
14
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.98B
| $144M | 1.32% |
1,050,000
+550,000
| +110% | +$68.9M |
2016 Q3
4 quarters
|
|
15
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.3B
| $138M | 1.27% |
2,550,000
+500,000
| +24% | +$27.5M |
2016 Q3
4 quarters
|
|
|
16
Elevance Health
ELV
$93.7B
| $126M | 1.16% |
+664,328
| New | +$126M |
2017 Q3
0 quarters
|
|
17
Pfizer
PFE
$170B
| $125M | 1.15% |
3,688,611
+814,466
| +28% | +$26.2M |
2016 Q2
5 quarters
|
|
18
State Street Financial Select Sector SPDR ETF
XLF
$53.6B
| $121M | 1.11% |
4,686,497
+401,745
| +9% | +$10M |
2016 Q3
4 quarters
|
|
19
Energy Transfer Partners
ET
$66.1B
| $120M | 1.11% |
6,925,400
+3,462,700
| +100% | +$60.6M |
2016 Q2
5 quarters
|
|
20
iShares Biotechnology ETF
IBB
$11.1B
| $117M | 1.08% |
1,050,000
+891,033
| +561% | +$95.2M |
2017 Q2
1 quarter
|
|
|
BCR
21
DELISTED
CR Bard Inc.
BCR
| $113M | 1.04% |
+351,162
| New | +$112M |
2017 Q3
0 quarters
|
|
22
Boeing
BA
$137B
| $110M | 1.02% |
+434,393
| New | +$101M |
2017 Q3
0 quarters
|
|
23
Bank of America
BAC
$343B
| $109M | 1.01% |
+4,316,450
| New | +$105M |
2017 Q3
0 quarters
|
|
24
Micron Technology
MU
$743B
| $105M | 0.97% |
2,669,467
+999,072
| +60% | +$31.6M |
2015 Q2
9 quarters
|
|
25
Comcast
CMCSA
$88.6B
| $104M | 0.96% |
2,699,932
-175,372
| -6% | -$6.91M |
2016 Q3
4 quarters
|
|
Similar funds
Natixis's Q3 2017 Portfolio in Review
As of Q3 2017, Natixis held 1,412 positions worth $10.8B, up 23% from $8.8B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Natixis deployed $1.71B of net new capital in Q3 2017, opening 645 new positions and adding to 325 existing holdings. Its largest new stake was Apple: 5,999,052 shares worth $231M.
By sector, the portfolio is most concentrated in Miscellaneous at 23% of assets, down from 25% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $255M trimmed.
- Natixis's largest Q3 2017 buy was Apple: 5,999,052 shares worth $231M.
- Natixis added most to Johnson & Johnson in Q3 2017, an estimated $280M increase.
- Natixis's biggest Q3 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $255M.
- Natixis fully exited Reynolds American Inc in Q3 2017, selling an estimated $205M.
- Natixis's ten largest holdings make up 20% of its $10.8B portfolio in Q3 2017.
- Natixis opened 645 new positions and closed 167 in Q3 2017.
- Natixis's portfolio value rose 23% quarter-over-quarter to $10.8B.
Based on Natixis's 13F filing for Q3 2017, filed 14 Nov 2017.