Carmignac Gestion

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
170
Quarter
2025 Q4
Top Holding
NVDA (9.2%)
Top 10 Concentration
51.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 170
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
NVDA
NVIDIA CORP
Technology 9.17% 9.59% #1
Prev: #1
5.7 186,852 5.4%
P
S
3,635,106 $677,986,269 2017 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 6.94% 3.38% #2 6
Prev: #8
5.1 623,662 142.6%
P
S
1,061,153 $513,277,541 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SPGI
S&P GLOBAL INC
Financial Services 6.11% 5.23% #3 1
Prev: #4
4.5 144,428 20.0%
P
S
864,840 $452,004,063 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
ALPHABET INC
Communication Services 5.70% 8.45% #4 2
Prev: #2
2.4 -986,120 -42.3%
P
S
1,347,106 $421,653,343 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON.COM INC
Consumer Cyclical 4.93% 6.74% #5 2
Prev: #3
2.0 -481,018 -23.4%
P
S
1,577,739 $364,199,461 2015 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
COR
CENCORA INC
Healthcare 4.00% 4.08% #6
Prev: #6
1.6 -751 -0.1%
P
S
875,095 $295,571,442 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MCK
MCKESSON CORP
Healthcare 3.98% 3.62% #7
Prev: #7
3.6 44,362 14.1%
P
S
358,535 $294,112,707 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MELI
MERCADOLIBRE IN...
Consumer Cyclical 3.85% 4.63% #8 3
Prev: #5
3.6 8,677 6.5%
P
S
141,373 $284,771,222 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CRM
SALESFORCE INC
Technology 3.61% 1.75% #9 12
Prev: #21
3.7 513,704 103.9%
P
S
1,008,151 $267,071,874 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NOW
SERVICENOW INC
Technology 3.59% 2.67% #10 2
Prev: #12
3.7 1,540,410 791.9%
P
S
1,734,925 $265,792,872 2015 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TW
TRADEWEB MARKET...
Financial Services 3.22% 2.08% #11 6
Prev: #17
3.5 954,600 75.8%
P
S
2,214,400 $238,136,576 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ICE
INTERCONTINENTA...
Financial Services 3.01% 2.90% #12 1
Prev: #11
3.3 221,400 19.2%
P
S
1,375,560 $222,813,335 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XYZ
BLOCK INC
Technology 3.01% 2.06% #13 5
Prev: #18
3.4 1,501,200 78.3%
P
S
3,417,826 $222,466,294 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TEAM
ATLASSIAN CORP
Technology 2.65% 0.04% #14 77
Prev: #91
3.4 1,188,368 6602.0%
P
S
1,206,368 $195,600,507 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SLB
SLB LTD
Energy 2.42% 2.94% #15 5
Prev: #10
1.0 -1,076,644 -18.7%
P
S
4,669,456 $179,213,721 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MA
MASTERCARD INC
Financial Services 2.31% 2.36% #16 1
Prev: #15
2.9 21,183 7.6%
P
S
299,595 $171,083,591 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EFX
EQUIFAX INC
Industrials 2.20% 2.38% #17 3
Prev: #14
2.9 126,698 20.3%
P
S
750,015 $162,801,302 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
APH
AMPHENOL CORP
Technology 2.18% 2.49% #18 5
Prev: #13
0.9 -213,049 -15.1%
P
S
1,194,200 $161,384,188 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ANET
ARISTA NETWORKS...
Technology 1.94% 2.18% #19 3
Prev: #16
2.8 91,084 9.1%
P
S
1,093,784 $143,333,384 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ACN
ACCENTURE PLC
Technology 1.93% 0.53% #20 15
Prev: #35
3.1 386,487 265.5%
P
S
532,041 $142,746,600 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CL
COLGATE-PALMOLI...
Consumer Defensive 1.23% 0.47% #21 17
Prev: #38
2.8 762,863 195.3%
P
S
1,153,391 $91,177,794 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VRTX
VERTEX PHARMACE...
Healthcare 1.17% 1.09% #22 4
Prev: #26
2.5 4,032 2.1%
P
S
191,571 $86,854,198 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DOCS
DOXIMITY INC
Healthcare 1.13% 0.45% #23 18
Prev: #41
2.8 1,477,798 355.9%
P
S
1,893,026 $83,831,191 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TMO
THERMO FISHER S...
Healthcare 1.10% 1.78% #24 4
Prev: #20
0.6 -106,555 -43.2%
P
S
140,037 $81,155,539 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LNTH
LANTHEUS HOLDIN...
Healthcare 1.01% 0.62% #25 6
Prev: #31
2.5 314,591 39.0%
P
S
1,122,000 $74,669,100 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ETN
EATON CORP PLC
Industrials 0.00% 1.21%
Sold All 😨
(Was: #23)
0.3 -216,700 -100.0%
CLOSED
$— 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LIN
LINDE PLC
Basic Materials 0.00% 0.66%
Sold All 😨
(Was: #30)
0.3 -93,794 -100.0%
CLOSED
$— 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
FIX
COMFORT SYSTEMS...
Industrials 0.00% 0.60%
Sold All 😨
(Was: #33)
0.3 -48,400 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CLS
CELESTICA INC
Technology 0.00% 0.58%
Sold All 😨
(Was: #34)
0.3 -158,000 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ORLY
O'REILLY AUTOMO...
Consumer Cyclical 0.00% 0.51%
Sold All 😨
(Was: #37)
0.3 -316,540 -100.0%
CLOSED
$— 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CNC
CENTENE CORP
Healthcare 0.00% 0.45%
Sold All 😨
(Was: #42)
0.3 -848,000 -100.0%
CLOSED
$— 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SNPS
SYNOPSYS INC
Technology 0.00% 0.30%
Sold All 😨
(Was: #49)
0.3 -40,964 -100.0%
CLOSED
$— 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CRS
CARPENTER TECHN...
Industrials 0.00% 0.25%
Sold All 😨
(Was: #53)
0.3 -69,000 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MRUS
MERUS NV
Healthcare 0.00% 0.23%
Sold All 😨
(Was: #55)
0.3 -167,532 -100.0%
CLOSED
$— 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TGI
TRIUMPH GROUP I...
Unknown 0.00% 0.22%
Sold All 😨
(Was: #56)
0.3 -139,896 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TAP
MOLSON COORS BE...
Consumer Defensive 0.00% 0.18%
Sold All 😨
(Was: #58)
0.3 -265,000 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WNS
WNS HOLDINGS LT...
Unknown 0.00% 0.18%
Sold All 😨
(Was: #59)
0.3 -155,639 -100.0%
CLOSED
$— 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SAP
SAP SE
Technology 0.00% 0.15%
Sold All 😨
(Was: #63)
0.3 -37,500 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
K
KELLANOVA
Consumer Defensive 0.00% 0.14%
Sold All 😨
(Was: #64)
0.3 -117,086 -100.0%
CLOSED
$— 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HBI
HANESBRANDS INC
Consumer Cyclical 0.00% 0.14%
Sold All 😨
(Was: #65)
0.3 -1,452,361 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
INFA
INFORMATICA INC
Unknown 0.00% 0.14%
Sold All 😨
(Was: #68)
0.3 -368,908 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DHR
DANAHER CORP
Healthcare 0.00% 0.13%
Sold All 😨
(Was: #69)
0.3 -44,359 -100.0%
CLOSED
$— 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MRC
MRC GLOBAL INC
Unknown 0.00% 0.12%
Sold All 😨
(Was: #70)
0.3 -551,126 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LBTYA
LIBERTY GLOBAL ...
Communication Services 0.00% 0.08%
Sold All 😨
(Was: #78)
0.3 -158,207 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VMEO
VIMEO INC
Unknown 0.00% 0.07%
Sold All 😨
(Was: #80)
0.3 -607,609 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AVDX
AVIDXCHANGE HOL...
Unknown 0.00% 0.06%
Sold All 😨
(Was: #83)
0.3 -375,768 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GHLD
GUILD HOLDINGS ...
Financial Services 0.00% 0.05%
Sold All 😨
(Was: #84)
0.3 -182,235 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ESGR
ENSTAR GROUP LI...
Unknown 0.00% 0.05%
Sold All 😨
(Was: #86)
0.3 -35,000 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SAND
SANDSTORM GOLD ...
Unknown 0.00% 0.05%
Sold All 😨
(Was: #88)
0.3 -270,957 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SPOT
SPOTIFY TECHNOL...
Communication Services 0.00% 0.04%
Sold All 😨
(Was: #92)
0.3 -3,890 -100.0%
CLOSED
$— 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
IAS
INTEGRAL AD SCI...
Communication Services 0.00% 0.04%
Sold All 😨
(Was: #93)
0.3 -266,001 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TRML
TOURMALINE BIO ...
Unknown 0.00% 0.04%
Sold All 😨
(Was: #94)
0.3 -55,412 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PRO
PROS HOLDINGS I...
Technology 0.00% 0.04%
Sold All 😨
(Was: #95)
0.3 -115,061 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MTAL
MAC COPPER LTD
Unknown 0.00% 0.04%
Sold All 😨
(Was: #97)
0.3 -212,545 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TASK
TASKUS INC
Technology 0.00% 0.03%
Sold All 😨
(Was: #103)
0.3 -121,507 -100.0%
CLOSED
$— 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ORLA
ORLA MINING LTD
Basic Materials 0.00% 0.03%
Sold All 😨
(Was: #104)
0.3 -179,881 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CVAC
CUREVAC NV
Healthcare 0.00% 0.02%
Sold All 😨
(Was: #107)
0.3 -235,180 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LAUR
LAUREATE EDUCAT...
Consumer Defensive 0.00% 0.02%
Sold All 😨
(Was: #108)
0.3 -40,000 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ALAB
ASTERA LABS INC
Technology 0.00% 0.02%
Sold All 😨
(Was: #110)
0.3 -6,000 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ORCL
ORACLE CORP
Technology 0.00% 0.02%
Sold All 😨
(Was: #112)
0.3 -4,000 -100.0%
CLOSED
$— 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SPNS
SAPIENS INTERNA...
Technology 0.00% 0.01%
Sold All 😨
(Was: #114)
0.3 -20,027 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SRDX
SURMODICS INC
Unknown 0.00% 0.01%
Sold All 😨
(Was: #115)
0.3 -27,622 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DELL
DELL TECHNOLOGI...
Technology 0.00% 0.01%
Sold All 😨
(Was: #117)
0.3 -4,193 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FSLR
FIRST SOLAR INC
Technology 0.00% 0.01%
Sold All 😨
(Was: #118)
0.3 -2,180 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CLSD
CLEARSIDE BIOME...
Healthcare 0.00% 0.01%
Sold All 😨
(Was: #119)
0.3 -100,556 -100.0%
CLOSED
$— 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GLOB
GLOBANT SA
Technology 0.00% 0.00%
Sold All 😨
(Was: #121)
0.3 -4,000 -100.0%
CLOSED
$— 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TSLA
TESLA INC
Consumer Cyclical 0.00% 0.00%
Sold All 😨
(Was: #122)
0.3 -500 -100.0%
CLOSED
$— 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GRMN
GARMIN LTD
Technology 0.00% 0.00%
Sold All 😨
(Was: #124)
0.3 -800 -100.0%
CLOSED
$— 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
COIN
COINBASE GLOBAL...
Financial Services 0.00% 0.00%
Sold All 😨
(Was: #125)
0.3 -559 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UNH
UNITEDHEALTH GR...
CALL
CALL Option 0.00% 0.00%
Sold All 😨
(Was: #126)
0.3 -209,900 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UPS
UNITED PARCEL S...
CALL
CALL Option 0.00% 0.00%
Sold All 😨
(Was: #127)
0.3 -369,200 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PTON
PELOTON INTERAC...
CALL
CALL Option 0.00% 0.00%
Sold All 😨
(Was: #128)
0.3 -1,766,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON.COM INC
CALL
CALL Option 0.00% 0.00%
Sold All 😨
(Was: #129)
0.3 -12,000 -100.0%
CLOSED
$— 2015 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MLNK
MERIDIANLINK IN...
Unknown 0.00% 0.00%
Sold All 😨
(Was: #130)
0.3 -107 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NKE
NIKE INC
CALL
CALL Option 0.00% 0.00%
Sold All 😨
(Was: #131)
0.3 -19,900 -100.0%
CLOSED
$— 2016 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RKLB
ROCKET LAB CORP
CALL
CALL Option 0.00% 0.00%
Sold All 😨
(Was: #132)
0.3 -24,100 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 170 holdings

Unlock Full Carmignac Gestion Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics