Mirova US LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Mirova US LLC maintained a portfolio of 43 distinct positions. The most significant new addition to the portfolio was LOWES COS INC, which now represents 2.38% of the total fund value. They heavily accumulated shares in ELI LILLY & CO, increasing their position by 0.9%. The fund also reduced its exposure to ROPER TECHNOLOGIES I by 72.5%.
PCA Score Concentration Risk
Risk ENB
Total Positions
43
Quarter
2025 Q4
Top Holding
NVDA (9.8%)
Top 10 Concentration
51.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-43 of 43
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 CORPORAT...
Technology 9.84% 11.99% #1
Prev: #1
6.4 -1,106,827 -17.4%
P
S
5,255,403 $980,132,659
$105.35 +78.5%
$186.49 +0.9%
2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 7.87% 9.86% #2
Prev: #2
5.1 -263,995 -14.0%
P
S
1,621,063 $783,978,488
$288.33 +63.6%
$482.52 -2.2%
2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MA
MASTERCARD INCO...
Financial Services 5.71% 5.91% #3
Prev: #3
3.8 -31,819 -3.1%
P
S
996,782 $569,042,908
$337.71 +67.8%
$569.05 -0.4%
2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
TAIWAN SEMICOND...
Technology 5.13% 4.89% #4 1
Prev: #5
3.1 -52,353 -3.0%
P
S
1,680,068 $510,555,865 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SHOP
SHOPIFY INC
Technology 4.50% 4.33% #5 1
Prev: #6
2.8 -96,536 -3.3%
P
S
2,785,943 $448,453,245 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
LLY
ELI LILLY & CO
Healthcare 4.15% 2.93% #6 7
Prev: #13
2.2 3,607 0.9%
P
S
384,274 $412,971,582 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TJX
TJX COS INC NEW
Consumer Cyclical 3.87% 3.79% #7
Prev: #7
2.0 -84,527 -3.3%
P
S
2,510,145 $385,583,373 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ECL
ECOLAB INC
Basic Materials 3.79% 5.05% #8 4
Prev: #4
1.5 -387,231 -21.2%
P
S
1,437,641 $377,409,515 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TMO
THERMO FISHER S...
Healthcare 3.73% 3.24% #9 3
Prev: #12
2.0 -19,530 -3.0%
P
S
641,259 $371,577,528 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
BROADCOM INC
Technology 3.23% 1.13% #10 20
Prev: #30
4.3 589,713 173.5%
P
S
929,660 $321,755,326 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
WM
WASTE MGMT INC ...
Industrials 3.13% 3.26% #11
Prev: #11
1.8 -42,593 -2.9%
P
S
1,419,444 $311,866,041 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
EBAY
EBAY INC.
Consumer Cyclical 3.10% 3.38% #12 2
Prev: #10
1.7 -126,910 -3.5%
P
S
3,548,645 $309,086,980 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PANW
PALO ALTO NETWO...
Technology 3.08% 3.53% #13 4
Prev: #9
1.7 -49,457 -2.9%
P
S
1,667,837 $307,215,575 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ISRG
INTUITIVE SURGI...
Healthcare 3.04% 2.48% #14 3
Prev: #17
1.7 -14,470 -2.6%
P
S
534,129 $302,509,300 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NEE
NEXTERA ENERGY ...
Utilities 3.00% 2.92% #15 1
Prev: #14
1.7 -113,123 -2.9%
P
S
3,722,211 $298,819,099 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
V
VISA INC
Financial Services 2.72% 2.74% #16
Prev: #16
1.6 -23,216 -2.9%
P
S
772,710 $270,997,124 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XYL
XYLEM INC
Industrials 2.57% 2.88% #17 2
Prev: #15
1.5 -51,944 -2.7%
P
S
1,881,190 $256,180,454 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DHR
DANAHER CORPORA...
Healthcare 2.52% 2.26% #18 1
Prev: #19
1.5 -31,919 -2.8%
P
S
1,094,872 $250,638,098 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LOW
LOWES COS INC
Consumer Cyclical 2.38% #19
Prev: #—
4.5 981,128 no change
NEW
981,128 $236,608,828 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EW
EDWARDS LIFESCI...
Healthcare 2.34% 2.22% #20
Prev: #20
1.4 -83,021 -2.9%
P
S
2,739,071 $233,505,803 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
FSLR
FIRST SOLAR INC
Technology 2.33% 2.03% #21 1
Prev: #22
1.4 -22,840 -2.5%
P
S
889,077 $232,253,585 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HUBB
HUBBELL INC
Industrials 2.13% 2.11% #22 1
Prev: #21
1.4 -6,405 -1.3%
P
S
478,760 $212,622,104 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ACN
ACCENTURE PLC I...
Technology 1.92% 1.84% #23
Prev: #23
1.3 -29,116 -3.9%
P
S
711,254 $190,829,448 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CRM
SALESFORCE INC
Technology 1.69% 1.56% #24 1
Prev: #25
1.2 -17,045 -2.6%
P
S
634,559 $168,101,025 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CP
CANADIAN PACIFI...
Industrials 1.50% 1.57% #25 1
Prev: #24
1.1 -64,383 -3.1%
P
S
2,029,319 $149,418,758 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BALL
BALL CORP
Consumer Cyclical 1.34% 1.31% #26 1
Prev: #27
1.0 -55,215 -2.1%
P
S
2,516,026 $133,273,897 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BSX
BOSTON SCIENTIF...
Healthcare 1.31% #27
Prev: #—
4.0 1,370,029 no change
NEW
1,370,029 $130,632,265 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WTS
WATTS WATER TEC...
Industrials 1.28% 1.33% #28 2
Prev: #26
1.0 -11,394 -2.4%
P
S
460,428 $127,087,337 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VRT
VERTIV HOLDINGS...
Industrials 1.27% #29
Prev: #—
4.0 781,858 no change
NEW
781,858 $126,668,815 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AGCO
AGCO CORP
Industrials 1.22% 1.30% #30 2
Prev: #28
1.0 -41,923 -3.5%
P
S
1,164,618 $121,492,950 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VLTO
VERALTO CORP
Industrials 1.05% 1.17% #31 2
Prev: #29
0.9 -31,558 -2.9%
P
S
1,052,890 $105,057,364 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AWK
AMERICAN WTR WK...
Utilities 1.02% 2.29% #32 14
Prev: #18
0.4 -844,835 -51.9%
P
S
781,818 $102,027,249 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WMS
ADVANCED DRAIN ...
Industrials 0.96% 0.95% #33 2
Prev: #31
0.9 -20,405 -3.0%
P
S
660,992 $95,731,471 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ROP
ROPER TECHNOLOG...
Technology 0.87% 3.55% #34 26
Prev: #8
0.3 -511,732 -72.5%
P
S
193,763 $86,249,724 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NDAQ
NASDAQ INC
Financial Services 0.08% 0.07% #35 3
Prev: #32
2.0 7,499 9.6%
P
S
85,671 $8,321,224 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
ALPHABET INC
Communication Services 0.06% #36
Prev: #—
3.5 19,424 no change
NEW
19,424 $6,079,712 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JCI
JOHNSON CTLS IN...
Industrials 0.05% 0.04% #37 3
Prev: #34
2.0 7,056 19.1%
P
S
44,049 $5,274,868 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 0.04% #38
Prev: #—
3.5 15,420 no change
NEW
15,420 $4,192,081 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
INTU
INTUIT
Technology 0.04% 0.03% #39 4
Prev: #35
2.0 924 19.0%
P
S
5,775 $3,825,476 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ES
EVERSOURCE ENER...
Utilities 0.04% 0.04% #40 7
Prev: #33
0.5 -3,271 -5.7%
P
S
54,037 $3,638,311 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON COM INC
Consumer Cyclical 0.04% #41
Prev: #—
3.5 15,144 no change
NEW
15,144 $3,495,538 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CL
COLGATE PALMOLI...
Consumer Defensive 0.03% 0.02% #42 6
Prev: #36
2.0 5,434 19.1%
P
S
33,928 $2,680,991 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 0.03% #43
Prev: #—
3.5 3,798 no change
NEW
3,798 $2,507,022 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-43 of 43 holdings

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