Carmignac Gestion reported 76 positions worth $7.57B for the quarter ended Jun 30, 2026, up 19.6% on the prior quarter. It opened 17 new positions, added to 32, trimmed 22 and exited 21. Its largest holding is Nvidia Corp at 12.7% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AVGO Broadcom Inc. | +812.5K | +150.0% | $306.90M | 6.76% |
| MCK Mckesson Corp | +309.2K | +97.3% | $233.61M | 6.26% |
| COR Cencora, Inc. | +646.1K | +58.7% | $182.83M | 6.53% |
| MA Mastercard Inc | +352.1K | +92.6% | $180.84M | 4.97% |
| TW Tradeweb Markets Inc. | +1.59M | +69.6% | $158.52M | 5.1% |
| MSFT Microsoft Corp | +406.9K | +189.3% | $151.74M | 3.06% |
| BRK-B Berkshire Hathaway Inc | +296.7K | +72.8% | $148.47M | 4.66% |
| ICE Intercontinental Exchange, Inc. | +920.2K | +80.0% | $113.28M | 3.37% |
| ZTS Zoetis Inc. | +1.58M | – | $113.23M | 1.5% |
| CLS Celestica Inc | +193.2K | – | $70.48M | 0.931% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| CRM Salesforce, Inc. | -974.1K | -100.0% | $181.83M | Exited |
| XYZ Block, Inc. | -1.95M | -60.2% | $147.96M | 1.29% |
| AMZN Amazon Com Inc | -568.6K | -40.3% | $135.53M | 2.65% |
| ANET Arista Networks, Inc. | -674.6K | -90.3% | $114.28M | 0.162% |
| NOW ServiceNow, Inc. | -1.14M | -75.4% | $113.39M | 0.488% |
| MELI Mercadolibre Inc | -59.4K | -23.8% | $100.74M | 4.26% |
| TEAM Atlassian Corp | -1.03M | -39.4% | $79.87M | 1.62% |
| GOOGL Alphabet Inc. | -191.3K | -14.2% | $68.34M | 5.45% |
| BKNG Booking Holdings Inc. | -368.6K | -100.0% | $62.07M | Exited |
| WDAY Workday, Inc. | -457.5K | -100.0% | $59.44M | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| ZTS Zoetis Inc. | +1.58M | $113.23M | 1.5% |
| CLS Celestica Inc | +193.2K | $70.48M | 0.931% |
| AEM Agnico Eagle Mines Ltd | +113.6K | $17.62M | 0.233% |
| FNV FRANCO NEVADA Corp | +83.7K | $17.45M | 0.231% |
| RAMP LiveRamp Holdings, Inc. | +234.1K | $8.81M | 0.116% |
| TECH BIO-TECHNE Corp | +124.5K | $8.80M | 0.116% |
| OGN Organon & Co. | +448.6K | $6.07M | 0.08% |
| PAYO Payoneer Global Inc. | +426.4K | $3.04M | 0.04% |
| CZR Caesars Entertainment, Inc. | +100.5K | $3.03M | 0.04% |
| CRH Crh Public Ltd Co | +17.2K | $1.84M | 0.024% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| CRM Salesforce, Inc. | -974.1K | $181.83M | 2.87% |
| BKNG Booking Holdings Inc. | -368.6K | $62.07M | 0.981% |
| WDAY Workday, Inc. | -457.5K | $59.44M | 0.939% |
| CRDO Credo Technology Group Holding Ltd | -364.5K | $34.22M | 0.541% |
| KLAC Kla Corp | -90.0K | $13.25M | 0.209% |
| ALAB Astera Labs, Inc. | -60.0K | $6.58M | 0.104% |
| MU Micron Technology Inc | -15.0K | $5.07M | 0.08% |
| KEYS Keysight Technologies, Inc. | -10.0K | $2.82M | 0.045% |
| TWLO Twilio Inc | -20.0K | $2.52M | 0.04% |
| P Everpure, Inc. | -40.0K | $2.36M | 0.037% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVDA Nvidia Corp | Technology | 4.80M | $959.40M | 12.67% | +229.3K | +5.0% | Added | 0.02% |
| 2 | AVGO Broadcom Inc. | Technology | 1.35M | $511.49M | 6.76% | +812.5K | +150.0% | Added | 0.03% |
| 3 | COR Cencora, Inc. | Healthcare | 1.75M | $494.46M | 6.53% | +646.1K | +58.7% | Added | 0.9% |
| 4 | MCK Mckesson Corp | Healthcare | 626.9K | $473.67M | 6.26% | +309.2K | +97.3% | Added | 0.53% |
| 5 | GOOGL Alphabet Inc. | Technology | 1.15M | $412.48M | 5.45% | -191.3K | -14.2% | Reduced | 0.02% |
| 6 | TW Tradeweb Markets Inc. | Financial Services | 3.88M | $386.36M | 5.1% | +1.59M | +69.6% | Added | 3.4% |
| 7 | MA Mastercard Inc | Financial Services | 732.6K | $376.23M | 4.97% | +352.1K | +92.6% | Added | 0.08% |
| 8 | SPGI S&P Global Inc. | Financial Services | 919.1K | $374.34M | 4.94% | -35.9K | -3.8% | Reduced | 0.31% |
| 9 | BRK-B Berkshire Hathaway Inc | Financial Services | 704.4K | $352.48M | 4.66% | +296.7K | +72.8% | Added | 0.05% |
| 10 | MELI Mercadolibre Inc | Technology | 190.1K | $322.64M | 4.26% | -59.4K | -23.8% | Reduced | 0.37% |
| 11 | ICE Intercontinental Exchange, Inc. | Financial Services | 2.07M | $254.86M | 3.37% | +920.2K | +80.0% | Added | 0.37% |
| 12 | MSFT Microsoft Corp | Technology | 621.8K | $231.90M | 3.06% | +406.9K | +189.3% | Added | 0.01% |
| 13 | AMZN Amazon Com Inc | Consumer Discretionary | 841.3K | $200.52M | 2.65% | -568.6K | -40.3% | Reduced | 0.01% |
| 14 | APH Amphenol Corp | Industrials | 1.94M | $170.99M | 2.26% | +601.1K | +44.9% | Added | 0.08% |
| 15 | LNTH Lantheus Holdings, Inc. | Healthcare | 1.34M | $148.67M | 1.96% | +12.1K | +0.9% | Added | 2.05% |
Tip. Select a row to see that position’s full history at Carmignac Gestion.
As of its Q2 2026 13F filing, Carmignac Gestion’s five largest positions were Nvidia Corp (NVDA) at 12.7%, Broadcom Inc. (AVGO) at 6.8%, Cencora, Inc. (COR) at 6.5%, Mckesson Corp (MCK) at 6.3%, Alphabet Inc. (GOOGL) at 5.4% of the reported portfolio.
Carmignac Gestion reported a 13F portfolio worth $7.57B across 76 positions for Q2 2026. That is up 19.6% from the previous quarter.
Its largest purchases by value were Broadcom Inc. ($306.90M), Mckesson Corp ($233.61M), Cencora, Inc. ($182.83M). It opened 17 new positions.
Its largest sales by value were Salesforce, Inc. ($181.83M), Block, Inc. ($147.96M), Amazon Com Inc ($135.53M). It exited 21 positions entirely.
From the Form 13F-HR reports Carmignac Gestion files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.