Latest Carmignac Gestion Stock Portfolio

$7.71Billion | No. of Holdings #93

Carmignac Gestion Performance

2026 Q2+3.28%

YTD-7.01%

2025+18.91%

About Carmignac Gestion and 13F Hedge Fund Stock Holdings

On 2026-08-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Carmignac Gestion reported an equity portfolio of $7.7 Billions as of 30 Jun, 2026. <br><br> The top stock holdings of Carmignac Gestion are NVDA, AVGO, ABC. The fund has invested 12.4% of it's portfolio in NVIDIA CORP and 6.6% of portfolio in BROADCOM INC. <br><br> The fund managers got completely rid off SALESFORCE INC (CRM), BOOKING HOLDINGS INC (BKNG) and WORKDAY INC (WDAY) stocks. They significantly reduced their stock positions in ARISTA NETWORKS INC (ANET), SERVICENOW INC (NOW) and BLOCK INC (SQ). Carmignac Gestion opened new stock positions in ZOETIS INC (ZTS), CELESTICA INC (CLS) and SPACE EXPLORATION TECHNOLOGIES CORP. The fund showed a lot of confidence in some stocks as they added substantially to TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM), VNET GROUP INC (VNET) and BBB FOODS INC.

Carmignac Gestion Equity Portfolio Value

Last Reported on: 13 Aug, 2026

$7.71Billion

as of Aug 13, 2026

Carmignac Gestion Annual Return Estimates Vs S&P 500

Our best estimate is that Carmignac Gestion made a return of 3.28% in the last quarter. In trailing 12 months, it's portfolio return was -0.85%.

Performance
S&P 500

New Buys

Ticker	$ Bought
zoetis inc	113,230,000
celestica inc	70,479,400
space exploration technologies corp	28,828,000
agnico eagle mines ltd	17,620,300
franco-nevada corp	17,451,200
liveramp holdings inc	8,812,500
bio-techne corp	8,798,040
organon & co	6,074,120

New stocks bought by Carmignac Gestion

Additions

Ticker	% Inc.
taiwan semiconductor manufacturing co ltd	1,427
vnet group inc	1,375
bbb foods inc	526
ionis pharmaceuticals inc	505
talkspace inc	279
parker-hannifin corp	191
microsoft corp	189
kenvue inc	166

Additions to existing portfolio by Carmignac Gestion

Reductions

Ticker	% Reduced
arista networks inc	-90.3
servicenow inc	-75.44
block inc	-60.2
sprouts farmers market inc	-46.28
doximity inc	-45.36
amazon.com inc	-40.33
atlassian corp	-39.43
globe life inc	-37.00

Carmignac Gestion reduced stake in above stock

Sold off

Ticker	$ Sold
cantaloupe inc	-11,626,200
salesforce inc	-181,833,000
amicus therapeutics inc	-11,344,000
workday inc	-59,438,400
onestream inc	-9,237,430
booking holdings inc	-62,068,500
credo technology group holding ltd	-34,215,600
semrush holdings inc	-3,656,770

Carmignac Gestion got rid off the above stocks

Sector Distribution

Carmignac Gestion has about 29.1% of it's holdings in Technology sector.

Technology
Financial Services
Others
Healthcare
Consumer Cyclical
Communication Services
Industrials

Sector	%
Technology	29.1
Financial Services	18.9
Others	17.1
Healthcare	15.5
Consumer Cyclical	8.4
Communication Services	6.4
Industrials	3

Market Cap. Distribution

Carmignac Gestion has about 84.3% of it's portfolio invested in the large-cap and mega-cap stocks.

LARGE-CAP
MEGA-CAP
UNALLOCATED
MID-CAP

Category	%
LARGE-CAP	47.8
MEGA-CAP	36.5
UNALLOCATED	10.6
MID-CAP	4.7

Stocks belong to which Index?

About 67.6% of the stocks held by Carmignac Gestion either belong to S&P 500 or RUSSELL 2000 index.

S&P 500
Others
RUSSELL 2000

Index	%
S&P 500	64.3
Others	32.5
RUSSELL 2000	3.3

Top 5 Winners (%)		%
LNTH	lantheus holdings inc	46.0 %
MMYT	makemytrip ltd	35.7 %
APH	amphenol corp	31.5 %
GTLB	gitlab inc	31.4 %
NBIX	neurocrine biosciences inc	25.6 %

Top 5 Winners ($)		$
NVDA	nvidia corp	120.5 M
GOOG	alphabet inc	87.4 M
AVGO	broadcom inc	65.0 M
LNTH	lantheus holdings inc	46.8 M
APH	amphenol corp	41.0 M

Top 5 Losers (%)		%
EH	ehang holdings ltd	-32.5 %
EDU	new oriental education & technology group inc	-18.7 %
ICE	intercontinental exchange inc	-17.8 %
REGN	regeneron pharmaceuticals inc	-16.3 %
VIPS	vipshop holdings ltd	-15.2 %

Top 5 Losers ($)		$
TW	tradeweb markets inc	-55.5 M
ICE	intercontinental exchange inc	-55.0 M
MCK	mckesson corp	-51.8 M
ABC	cencora inc	-44.4 M
REGN	regeneron pharmaceuticals inc	-22.2 M

Carmignac Gestion Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Carmignac Gestion

Carmignac Gestion has 93 stocks in it's portfolio. About 60.5% of the portfolio is in top 10 stocks. TW proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Carmignac Gestion last quarter.

$7.71BTotal Value

133Positions

13 Aug, 2026Last Reported

Current holdings of Current Stock Holdings of Carmignac Gestion, last reported on 13 Aug, 2026. Select a row with a linked ticker to view its historical trend.
Holdingsorted ascending	% Portfolio	Shares Held	$ Value	% Change
AAPL Apple Inc Apple IncAAPL Carmignac Gestion's holding in Apple Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

ABC Cencora Inc Cencora IncABC Carmignac Gestion's holding in Cencora Inc over time	6.42%	1,747,360	$494.46M 6.42%	increased 58.67 percentadded

ABNB Airbnb Inc Airbnb IncABNB Carmignac Gestion's holding in Airbnb Inc over time	1.22%	656,570	$93.96M 1.22%	decreased 0.45 percentreduced

ACLX Arcellx Inc Arcellx IncACLX Carmignac Gestion's holding in Arcellx Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

ACN Accenture Plc Accenture PlcACN Carmignac Gestion's holding in Accenture Plc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

AEM Agnico Eagle Mines Ltd Agnico Eagle Mines Ltd AEM Carmignac Gestion's holding in Agnico Eagle Mines Ltd over time	0.23%	113,584	$17.62M 0.23%	new position

AGNC Agnc Investment Corp Agnc Investment CorpAGNC Carmignac Gestion's holding in Agnc Investment Corp over time	0.01%	49,928	$544.2K 0.01%	new position

AL Air Lease Corp Air Lease CorpAL Carmignac Gestion's holding in Air Lease Corp over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

ALGN Align Technology Inc Align Technology IncALGN Carmignac Gestion's holding in Align Technology Inc over time	0.69%	316,832	$53.50M 0.69%	increased 40.71 percentadded

AMAT Applied Materials Inc Applied Materials IncAMAT Carmignac Gestion's holding in Applied Materials Inc over time	0%	232	$167.7K 0%	new position

AMWD American Woodmark Corp American Woodmark CorpAMWD Carmignac Gestion's holding in American Woodmark Corp over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

AMZN Amazon.Com Inc Amazon.Com IncAMZN Carmignac Gestion's holding in Amazon.Com Inc over time	2.6%	841,266	$200.53M 2.6%	decreased 40.33 percentreduced

ANET Arista Networks Inc Arista Networks IncANET Carmignac Gestion's holding in Arista Networks Inc over time	0.16%	72,457	$12.28M 0.16%	decreased 90.3 percentreduced

APH Amphenol Corp Amphenol CorpAPH Carmignac Gestion's holding in Amphenol Corp over time	2.22%	969,763	$170.99M 2.22%	increased 44.91 percentadded

APLS Apellis Pharmaceuticals Inc Apellis Pharmaceuticals IncAPLS Carmignac Gestion's holding in Apellis Pharmaceuticals Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

AVGO Broadcom Inc Broadcom IncAVGO Carmignac Gestion's holding in Broadcom Inc over time	6.64%	1,354,160	$511.49M 6.64%	increased 150.01 percentadded

AVNS Avanos Medical Inc Avanos Medical IncAVNS Carmignac Gestion's holding in Avanos Medical Inc over time	0.03%	89,418	$2.22M 0.03%	new position

BKNG Booking Holdings Inc Booking Holdings IncBKNG Carmignac Gestion's holding in Booking Holdings Inc over time	0%	0.00	$0.00 0%	decreased 100 percentsold off

BMY Bristol-Myers Squibb Co Bristol-Myers Squibb CoBMY Carmignac Gestion's holding in Bristol-Myers Squibb Co over time	0.01%	9,014	$519.4K 0.01%	new position

BNTX Biontech Se Biontech Se BNTX Carmignac Gestion's holding in Biontech Se over time	0.1%	79,875	$7.45M 0.1%	decreased 29.13 percentreduced