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Livermore
Livermore
ZHEN

Carmignac Gestion

SEC CIK
0001569758
Latest filing
Aug 13, 2026

Holdings in Q1 2025

Holdings as of Mar 31, 2025, filed May 14, 2025. Long positions only; changes compare share counts with Q4 2024.

Institution overview
Positions
152
+4 vs. Q4 2024
Portfolio value
$6.09B
−$184.7M (−2.9%) vs. Q4 2024
Filed
May 14, 2025
SEC
Holdings of Carmignac Gestion in Q1 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
AMZNAmazon Com IncStock2,878,227$547.7M9.0%+394,364+15.9%AddedHistory
NVDANVIDIA CorpStock3,970,410$430.4M7.1%+1,557,435+64.5%AddedHistory
MCKMcKesson CorpStock465,876$313.5M5.1%−1,727−0.4%ReducedHistory
CORCencora, Inc.Stock1,103,479$306.9M5.0%+101,978+10.2%AddedHistory
CNCCentene CorpStock4,495,928$272.9M4.5%−452,600−9.1%ReducedHistory
GOOGLAlphabet Inc.Stock1,665,062$257.5M4.2%+197,104+13.4%AddedHistory
MELIMercadolibre IncCOM118,238$230.7M3.8%+7,466+6.7%AddedHistory
SNPSSynopsys IncCOM502,773$215.6M3.5%+10,411+2.1%AddedHistory
MSFTMicrosoft CorpStock524,623$197.0M3.2%−357,942−40.6%ReducedHistory
SLBSLB LimitedStock4,605,000$192.5M3.2%−2,691,500−36.9%ReducedHistory
ICEIntercontinental Exchange, Inc.Stock1,020,110$176.0M2.9%−259,504−20.3%ReducedHistory
SPGIS&P Global Inc.Stock336,311$170.9M2.8%−148,949−30.7%ReducedHistory
ETNEaton Corp plcStock602,544$163.8M2.7%+422,508+234.7%AddedHistory
EFXEquifax IncCOM618,491$150.6M2.5%+245,291+65.7%AddedHistory
VIPSVipshop Holdings LtdSPONSORED ADS A8,959,821$140.5M2.3%−975,237−9.8%ReducedHistory
AVGOBroadcom Inc.Stock823,684$137.9M2.3%−172,637−17.3%ReducedHistory
APHAmphenol CorpCL A2,071,000$135.8M2.2%+1,097,000+112.6%AddedHistory
XYZBlock, Inc.CL A2,217,526$120.5M2.0%+1,107,026+99.7%AddedHistory
PHParker-Hannifin CorpStock183,409$111.5M1.8%+40,553+28.4%AddedHistory
CDNSCadence Design Systems IncStock424,823$108.1M1.8%+126,960+42.6%AddedHistory
TMOThermo Fisher Scientific Inc.Stock189,172$94.2M1.5%+33,019+21.1%AddedHistory
METAMeta Platforms, Inc.Stock152,865$88.1M1.4%+3,387+2.3%AddedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD15,891,740$87.4M1.4%−577,333−3.5%ReducedHistory
NOWServiceNow, Inc.Stock103,701$82.6M1.4%+40,840+65.0%AddedHistory
LLYEli Lilly & CoStock97,912$80.9M1.3%−53,558−35.4%ReducedHistory
GEGeneral Electric CoStock359,325$71.9M1.2%−109,600−23.4%ReducedHistory
ORLYO Reilly Automotive IncStock48,636$69.7M1.1%−18,800−27.9%ReducedHistory
LINLinde PLCStock142,633$66.4M1.1%−74,500−34.3%ReducedHistory
VRTXVertex Pharmaceuticals IncStock126,954$61.6M1.0%−70,512−35.7%ReducedHistory
MAMastercard IncStock111,981$61.4M1.0%−130,134−53.7%ReducedHistory
TWTradeweb Markets Inc.Stock331,000$49.1M0.8%+13,700+4.3%AddedHistory
FIXComfort Systems USA IncCOM134,274$43.3M0.7%+134,274NewHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR228,873$38.0M0.6%+185,615+429.1%AddedHistory
AEMAgnico Eagle Mines LtdStock341,547$37.0M0.6%−60,659−15.1%ReducedHistory
SESea LtdSPONSORD ADS272,645$35.6M0.6%−9,508−3.4%ReducedHistory
CLColgate Palmolive CoStock367,042$34.3M0.6%−59,072−13.9%ReducedHistory
PGProcter & Gamble CoStock201,413$34.3M0.6%−12,521−5.9%ReducedHistory
ANSSAnsys IncCOM81,724$25.9M0.4%−18,944−18.8%ReducedHistory
TAPMolson Coors Beverage CoCL B377,462$23.0M0.4%+377,462NewHistory
LULUlululemon athletica inc.Stock81,000$22.9M0.4%−26,400−24.6%ReducedHistory
NEMNEWMONT CorpStock474,863$22.9M0.4%−323,991−40.6%ReducedHistory
DOCSDoximity, Inc.CL A370,000$21.5M0.4%+52,700+16.6%AddedHistory
CLSCelestica IncStock271,500$21.4M0.4%+271,500NewHistory
HTHTH World Group LtdSPONSORED ADS570,818$21.1M0.3%+104,097+22.3%AddedHistory
SKXSkechers USA IncCL A360,000$20.4M0.3%+85,000+30.9%AddedHistory
CRSCarpenter Technology CorpCOM109,052$19.8M0.3%+3,252+3.1%AddedHistory
DHRDanaher CorpStock93,370$19.1M0.3%−61,616−39.8%ReducedHistory
JDJD.com, Inc.SPON ADS CL A463,364$19.1M0.3%+8,217+1.8%AddedHistory
KLACKLA CorpCOM NEW27,600$18.8M0.3%−8,050−22.6%ReducedHistory
LNTHLantheus Holdings, Inc.Stock190,500$18.6M0.3%−42,200−18.1%ReducedHistory
BNTXBioNTech SESPONSORED ADS185,877$17.0M0.3%−36,218−16.3%ReducedHistory
KEYSKeysight Technologies, Inc.Stock113,000$16.9M0.3%+22,400+24.7%AddedHistory
VTMXVesta Real Estate Corporation, S.A.B. de C.V.ADS737,430$16.8M0.3%00.0%UnchangedHistory
ANETArista Networks, Inc.Stock212,700$16.5M0.3%+206,700+3,445.0%AddedHistory
KSPIJoint Stock Co Kaspi.kzSPONSORED ADS167,054$15.5M0.3%00.0%UnchangedHistory
ISRGIntuitive Surgical IncCOM NEW29,870$14.8M0.2%−2,598−8.0%ReducedHistory
EDUNew Oriental Education & Technology Group Inc.SPON ADR300,250$14.4M0.2%+270,820+920.2%AddedHistory
HDHome Depot, Inc.Stock39,104$14.3M0.2%−12,843−24.7%ReducedHistory
GLGlobe Life Inc.COM90,000$11.9M0.2%+36,553+68.4%AddedHistory
CHXChampionX CorpCOM394,433$11.8M0.2%+133,828+51.4%AddedHistory
SYKStryker CorpStock31,669$11.7M0.2%−5,100−13.9%ReducedHistory
TUYATuya Inc.SPONSERED ADS3,038,244$9.21M0.2%−980,728−24.4%ReducedHistory
ALGNAlign Technology IncCOM56,774$9.02M0.1%+3,808+7.2%AddedHistory
ACNAccenture plcStock27,536$8.57M0.1%−11,865−30.1%ReducedHistory
ORCLOracle CorpStock56,028$7.84M0.1%−16,764−23.0%ReducedHistory
PTVEPactiv Evergreen Inc.COM430,373$7.75M0.1%+137,830+47.1%AddedHistory
KKellanovaStock91,934$7.58M0.1%+23,865+35.1%AddedHistory
GGALGrupo Financiero Galicia SASPONSORED ADR139,032$7.58M0.1%−181,467−56.6%ReducedHistory
PLYAPlaya Hotels & Resorts N.V.SHS563,168$7.51M0.1%+563,168NewHistory
INTUIntuit Inc.Stock12,136$7.43M0.1%−949−7.3%ReducedHistory
WMWaste Management IncStock28,164$6.52M0.1%−30,092−51.7%ReducedHistory
ADSKAutodesk, Inc.COM22,191$5.81M0.1%00.0%UnchangedHistory
MRUSMerus N.V.COM121,161$5.13M0.1%+121,161NewHistory
ITCIIntra-Cellular Therapies, Inc.COM38,819$5.12M0.1%+38,819NewHistory
CSCOCisco Systems, Inc.Stock81,368$5.02M0.1%+21,171+35.2%AddedHistory
DFSDiscover Financial ServicesCOM28,457$4.86M0.1%00.0%UnchangedHistory
COSTCostco Wholesale CorpStock5,000$4.73M0.1%00.0%UnchangedHistory
Global Blue Group Holding AGH33700107ORD SHS639,034$4.70M0.1%+639,034New–
VEEVVeeva Systems IncStock20,180$4.68M0.1%−52,510−72.2%ReducedHistory
Despegar Com CorpG27358103ORD SHS234,586$4.41M0.1%+194,586+486.5%Added–
VVisa Inc.Stock12,429$4.36M0.1%+1,499+13.7%AddedHistory
ADIAnalog Devices IncStock20,792$4.19M0.1%00.0%UnchangedHistory
ADBEAdobe Inc.Stock10,628$4.08M0.1%−5,321−33.4%ReducedHistory
CCJCameco CorpStock88,933$3.66M0.1%−7,404−7.7%ReducedHistory
BECNQxo Building Products, Inc.COM28,633$3.54M0.1%+28,633NewHistory
HEESH&E Equipment Services, Inc.COM35,923$3.41M0.1%+35,923NewHistory
PDCOPatterson Companies, Inc.COM106,772$3.34M0.1%+106,772NewHistory
PYCRPaycor HCM, Inc.COM147,693$3.31M0.1%+147,693NewHistory
JPMJPMorgan Chase & CoStock13,374$3.28M0.1%+13,374NewHistory
NEENextera Energy IncStock46,138$3.27M0.1%−31,161−40.3%ReducedHistory
AAPLApple Inc.Stock14,714$3.27M0.1%+1,100+8.1%AddedHistory
JNPRJuniper Networks IncCOM88,000$3.18M0.1%−96,178−52.2%ReducedHistory
FNVFranco Nevada CorpStock19,550$3.08M0.1%+19,550NewHistory
AMPSAltus Power, Inc.COM CL A600,440$2.97M<0.1%+600,440NewHistory
MARMarriott International IncStock12,200$2.91M<0.1%+2,197+22.0%AddedHistory
HLTHilton Worldwide Holdings Inc.COM12,363$2.81M<0.1%+2,413+24.3%AddedHistory
DNBDun & Bradstreet Holdings, Inc.COM314,466$2.81M<0.1%+314,466NewHistory
ECLEcolab Inc.Stock10,656$2.70M<0.1%−3,351−23.9%ReducedHistory
SHWSherwin Williams CoCOM7,644$2.67M<0.1%+7,644NewHistory
EHEHang Holdings LtdADS120,511$2.52M<0.1%−210,212−63.6%ReducedHistory

Sold out since Q4 2024 (25)

Positions held at the end of Q4 2024 that are gone from this filing.

Positions of Carmignac Gestion sold out since Q4 2024
SecurityClassShares in Q4 2024Value in Q4 2024% of portfolio in Q4 2024History
TRUTransUnionCOM83,020$7.70M0.1%History
HCPHashiCorp, Inc.COM CL A210,242$7.19M0.1%History
SMARSmartsheet IncCOM CL A120,154$6.73M0.1%History
CEGConstellation Energy CorpStock18,895$4.23M0.1%History
IQVIQVIA Holdings Inc.Stock21,200$4.17M0.1%History
CDMOAvid Bioservices, Inc.COM277,741$3.43M0.1%History
CRHCRH Public Ltd CoORD25,145$2.33M<0.1%History
ALTRAltair Engineering Inc.COM CL A16,886$1.84M<0.1%History
Barnes Group Inc067806109COM36,357$1.72M<0.1%–
ROICRetail Opportunity Investments CorpCOM98,051$1.70M<0.1%History
SUMSummit Materials, Inc.CL A33,150$1.68M<0.1%History
ACMRACM Research, Inc.Stock109,861$1.66M<0.1%History
FSLRFirst Solar, Inc.Stock8,746$1.54M<0.1%History
ONOn Semiconductor CorpStock24,350$1.54M<0.1%History
SITESiteOne Landscape Supply, Inc.COM9,966$1.31M<0.1%History
PDDPDD Holdings Inc.SPONSORED ADS13,278$1.29M<0.1%History
SCWXSecureWorks CorpCL A113,769$962.5K<0.1%History
ALTMArcadium Lithium plcStock156,094$800.8K<0.1%History
LBTYALiberty Global Ltd.COM CL A47,100$601.0K<0.1%History
BEKEKE Holdings Inc.SPONSORED ADS30,456$561.0K<0.1%History
MUMicron Technology IncStock6,000$505.0K<0.1%History
ELEstee Lauder Companies IncCL A4,800$359.9K<0.1%History
DDOGDatadog, Inc.CL A COM2,500$357.2K<0.1%History
COINCoinbase Global, Inc.COM CL A1,224$303.9K<0.1%History
BIDUBaidu, Inc.ADR791$66.7K<0.1%History