Mirova Us 13F annual report
Mirova Us is an investment fund managing more than $7.44 trillion ran by Paul-marc Lachaud. There are currently 27 companies in Lachaud’s portfolio. The largest investments include Mastercard and Microsoft, together worth $1.09 trillion.
$7.44 trillion Assets Under Management (AUM)
As of 2nd May 2024, Mirova Us’s top holding is 1,167,226 shares of Mastercard currently worth over $562 billion and making up 7.6% of the portfolio value.
Relative to the number of outstanding shares of Mastercard, Mirova Us owns more than approximately 0.1% of the company.
In addition, the fund holds 1,264,348 shares of Microsoft worth $532 billion, whose value grew 13.5% in the past six months.
The third-largest holding is NVIDIA Corp worth $520 billion and the next is EBay worth $474 billion, with 8,981,324 shares owned.
Currently, Mirova Us's portfolio is worth at least $7.44 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Mirova Us
The Mirova Us office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Paul-marc Lachaud serves as the CCO at Mirova Us.
Recent trades
In the most recent 13F filing, Mirova Us revealed that it had opened a new position in
Shopify Inc and bought 1,991,779 shares worth $154 billion.
This means they effectively own approximately 0.1% of the company.
Shopify Inc makes up
8.8%
of the fund's Technology sector allocation and has decreased its share price by 1.8% in the past year.
The investment fund also strengthened its position in Waste Mgmt Inc Del by buying
500,833 additional shares.
This makes their stake in Waste Mgmt Inc Del total 1,414,737 shares worth $302 billion.
On the other hand, there are companies that Mirova Us is getting rid of from its portfolio.
Mirova Us closed its position in Lauder Estee Cos Inc on 9th May 2024.
It sold the previously owned 674,940 shares for $98.7 billion.
Paul-marc Lachaud also disclosed a decreased stake in Mastercard by approximately 0.1%.
This leaves the value of the investment at $562 billion and 1,167,226 shares.
One of the largest hedge funds
The two most similar investment funds to Mirova Us are Wealthspire Advisors and Confluence Investment Management. They manage $7.44 trillion and $7.44 trillion respectively.
Paul-marc Lachaud investment strategy
Mirova Us’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 23.6% of
the total portfolio value.
The fund focuses on investments in the United States as
74.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
74% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $196 billion.
The complete list of Mirova Us trades based on 13F SEC filings
These positions were updated on May 9th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Mastercard Incorporated |
1.76%
1,167,226
|
$562,101,025,000 | 7.56% |
| Microsoft Corporation |
1.73%
1,264,348
|
$531,936,490,000 | 7.15% |
| NVIDIA Corp |
38.73%
575,732
|
$520,208,406,000 | 6.99% |
| EBay Inc. |
1.75%
8,981,324
|
$474,034,281,000 | 6.37% |
| Eli Lilly & Co |
1.78%
590,295
|
$459,225,898,000 | 6.17% |
| Ecolab, Inc. |
1.76%
1,931,862
|
$446,066,936,000 | 6.00% |
| Thermo Fisher Scientific Inc. |
1.75%
764,819
|
$444,520,451,000 | 5.98% |
| Roper Technologies Inc |
1.76%
686,150
|
$384,820,366,000 | 5.17% |
| Visa Inc |
1.63%
1,202,785
|
$335,673,238,000 | 4.51% |
| Taiwan Semiconductor Mfg Ltd |
2.00%
2,340,292
|
$318,396,726,000 | 4.28% |
| Waste Mgmt Inc Del |
54.80%
1,414,737
|
$301,551,191,000 | 4.05% |
| Danaher Corp. |
1.82%
1,160,313
|
$289,753,362,000 | 3.90% |
| Adobe Inc |
39.78%
489,494
|
$246,998,673,000 | 3.32% |
| NextEra Energy Inc |
1.66%
3,761,987
|
$240,428,589,000 | 3.23% |
| Xylem Inc |
1.71%
1,840,605
|
$237,879,790,000 | 3.20% |
| Palo Alto Networks Inc |
128.52%
826,387
|
$234,801,338,000 | 3.16% |
| Aptiv PLC |
1.77%
2,618,969
|
$208,600,881,000 | 2.80% |
| American Wtr Wks Co Inc New |
72.63%
1,555,345
|
$190,078,712,000 | 2.56% |
| Ball Corp. |
1.81%
2,482,177
|
$167,199,443,000 | 2.25% |
| Shopify Inc |
Opened
1,991,779
|
$153,705,585,000 | 2.07% |
| Watts Water Technologies, Inc. |
1.76%
700,212
|
$148,830,060,000 | 2.00% |
| Intuitive Surgical Inc |
1.80%
369,812
|
$147,588,271,000 | 1.98% |
| AGCO Corp. |
1.70%
1,174,488
|
$144,485,514,000 | 1.94% |
| Lauder Estee Cos Inc |
Closed
674,940
|
$98,709,975,000 | |
| Veralto Corp |
161.78%
1,033,443
|
$91,625,056,000 | 1.23% |
| Edwards Lifesciences Corp |
1.71%
845,701
|
$80,815,187,000 | 1.09% |
| Enphase Energy Inc |
1.74%
563,797
|
$68,208,161,000 | 0.92% |
| First Solar Inc |
No change
53,498
|
$9,030,462,000 | 0.12% |
| No transactions found | |||
| Showing first 500 out of 28 holdings | |||
Hedge funds similar to Mirova Us
- Longview Asset Management
- General Atlantic, L.P.
- Everett Harris & Co ca/
- O'shaughnessy Asset Management
- Riverbridge Partners
- Xponance, Inc
- Wealthspire Advisors
- Confluence Investment Management
- Catterton Management , L.L.C
- River Road Asset Management
- Df Dent & Co Inc
- Madison Asset Management
- Matrix Capital Management , L.P.
- Gilder Gagnon Howe & Co