# GROUPAMA ASSET MANAGMENT

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1055969. Source: https://holderbook.com/funds/1055969-groupama-asset-managment/

- Reported value: $7.9B
- Positions: 402
- Weight of the ten largest: 42.5%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $506.1M | 2,587,946 | 6.4% | 11 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $497.2M | 433,792 | 6.3% | 11 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $407.1M | 1,150,436 | 5.1% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $378.8M | 1,027,801 | 4.8% | 11 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $362.0M | 970,123 | 4.6% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $358.0M | 1,268,595 | 4.5% | 11 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $259.2M | 787,079 | 3.3% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $242.5M | 1,011,765 | 3.1% | 11 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $185.2M | 448,315 | 2.3% | 11 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $177.9M | 531,922 | 2.2% | 11 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $174.6M | 181,014 | 2.2% | 11 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $166.0M | 327,868 | 2.1% | 11 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $144.1M | 1,258,488 | 1.8% | 11 |
| XPO INC | [XPO](https://holderbook.com/stocks/XPO/) | $139.3M | 676,282 | 1.8% | 11 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $137.6M | 1,063,660 | 1.7% | 11 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $136.8M | 111,684 | 1.7% | 11 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $136.6M | 123,479 | 1.7% | 7 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $135.7M | 885,808 | 1.7% | 10 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $124.6M | 873,930 | 1.6% | 2 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $122.9M | 2,078,164 | 1.5% | 11 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $114.0M | 202,938 | 1.4% | 10 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $100.6M | 89,561 | 1.3% | 11 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $100.4M | 1,790,870 | 1.3% | 11 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $93.9M | 188,156 | 1.2% | 11 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $83.7M | 564,099 | 1.1% | 11 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $83.4M | 551,213 | 1.1% | 11 |
| ENTERGY CORP NEW | [ETR](https://holderbook.com/stocks/ETR/) | $81.5M | 701,338 | 1.0% | 11 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $80.0M | 114,347 | 1.0% | 11 |
| IONIS PHARMACEUTICALS INC | [IONS](https://holderbook.com/stocks/IONS/) | $75.2M | 937,083 | 0.9% | 11 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $72.4M | 817,310 | 0.9% | 11 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $72.2M | 506,785 | 0.9% | 11 |
| HALLIBURTON CO | [HAL](https://holderbook.com/stocks/HAL/) | $70.9M | 2,080,228 | 0.9% | 11 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $68.1M | 1,571,750 | 0.9% | 11 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $65.9M | 961,811 | 0.8% | 3 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $65.2M | 758,320 | 0.8% | 11 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $64.9M | 173,526 | 0.8% | 11 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $63.5M | 300,005 | 0.8% | 11 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $62.1M | 283,868 | 0.8% | 11 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $62.0M | 660,554 | 0.8% | 11 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $61.5M | 249,458 | 0.8% | 11 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $57.1M | 275,234 | 0.7% | 7 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $49.1M | 77,940 | 0.6% | 11 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $46.7M | 183,915 | 0.6% | 11 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $44.0M | 106,402 | 0.6% | 7 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $42.8M | 161,059 | 0.5% | 11 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $42.6M | 187,203 | 0.5% | 11 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $42.6M | 103,089 | 0.5% | 11 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $42.1M | 358,254 | 0.5% | 11 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $41.8M | 1,920,399 | 0.5% | 11 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $40.0M | 484,057 | 0.5% | 11 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $39.2M | 36,170 | 0.5% | 11 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $37.3M | 80,383 | 0.5% | 8 |
| WATTS WATER TECHNOLOGIES INC | [WTS](https://holderbook.com/stocks/WTS/) | $29.3M | 74,864 | 0.4% | 11 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $27.5M | 65,529 | 0.3% | 11 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $26.9M | 76,332 | 0.3% | 11 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $26.4M | 268,135 | 0.3% | 11 |
| NATERA INC | [NTRA](https://holderbook.com/stocks/NTRA/) | $25.9M | 95,558 | 0.3% | 8 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $24.8M | 336,885 | 0.3% | 8 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $23.2M | 499,327 | 0.3% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $23.1M | 46,726 | 0.3% | 7 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $22.7M | 99,708 | 0.3% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $22.0M | 99,708 | 0.3% | 1 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $21.7M | 129,079 | 0.3% | 11 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $21.4M | 62,623 | 0.3% | 11 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $20.3M | 62,537 | 0.3% | 10 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $18.9M | 217,894 | 0.2% | 4 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $17.9M | 44,852 | 0.2% | 11 |
| BIONTECH SE | [BNTX](https://holderbook.com/stocks/BNTX/) | $17.3M | 184,775 | 0.2% | 11 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $16.6M | 17,586 | 0.2% | 11 |
| MADRIGAL PHARMACEUTICALS INC | [MDGL](https://holderbook.com/stocks/MDGL/) | $16.6M | 30,941 | 0.2% | 11 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $15.2M | 44,357 | 0.2% | 11 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $14.2M | 50,760 | 0.2% | 9 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $14.0M | 350,855 | 0.2% | 10 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $13.1M | 25,475 | 0.2% | 11 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $12.7M | 12,166 | 0.2% | 11 |
| ALAMOS GOLD INC | [AGI](https://holderbook.com/stocks/AGI/) | $12.6M | 415,648 | 0.2% | 5 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $11.7M | 29,879 | 0.1% | 11 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $11.6M | 41,495 | 0.1% | 11 |
| SERVICE CORP INTL | [SCI](https://holderbook.com/stocks/SCI/) | $10.8M | 141,660 | 0.1% | 11 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $10.5M | 125,759 | 0.1% | 8 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $10.4M | 18,938 | 0.1% | 11 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $10.3M | 53,570 | 0.1% | 11 |
| ALNYLAM PHARMACEUTICALS INC | [ALNY](https://holderbook.com/stocks/ALNY/) | $10.3M | 34,252 | 0.1% | 11 |
| INCYTE CORP | [INCY](https://holderbook.com/stocks/INCY/) | $9.9M | 86,423 | 0.1% | 11 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $9.7M | 61,370 | 0.1% | 4 |
| WEBSTER FINL CORP | [WBS](https://holderbook.com/stocks/WBS/) | $9.6M | 126,141 | 0.1% | 11 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $9.0M | 155,965 | 0.1% | 11 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $8.9M | 70,390 | 0.1% | 11 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $7.8M | 85,053 | 0.1% | 11 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $7.8M | 72,194 | 0.1% | 10 |
| ORLA MNG LTD NEW | [ORLA](https://holderbook.com/stocks/ORLA/) | $7.6M | 544,896 | 0.1% | 5 |
| HEICO CORP NEW | [HEI](https://holderbook.com/stocks/HEI/) | $6.9M | 19,692 | 0.1% | 11 |
| DATADOG INC | - | $6.8M | 4,900,000 | 0.1% | 3 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $6.6M | 120,538 | 0.1% | 9 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $6.2M | 9,439 | 0.1% | 4 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $6.0M | 38,422 | 0.1% | 11 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $6.0M | 17,813 | 0.1% | 11 |
| DENALI THERAPEUTICS INC | [DNLI](https://holderbook.com/stocks/DNLI/) | $5.9M | 229,939 | 0.1% | 11 |
| STELLANTIS N.V | [STLA](https://holderbook.com/stocks/STLA/) | $5.8M | 1,171,921 | 0.1% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $5.6M | 21,959 | 0.1% | 11 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +15.6% | +14.8% | +0.8% | 100% |
| Q1 2026 | -1.5% | -4.6% | +3.2% | 99% |
| Q1 2025 | -5.3% | -4.6% | -0.7% | 122% |
| Q3 2024 | +3.3% | +5.4% | -2.2% | 106% |
| Q2 2024 | +3.0% | +4.0% | -1.0% | 85% |
| Q1 2024 | +10.8% | +10.0% | +0.8% | 115% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $7.9B | 402 |
| Q1 2026 | $6.8B | 392 |
| Q4 2025 | $6.8B | 432 |
| Q3 2025 | $6.8B | 447 |
| Q2 2025 | $6.0B | 384 |
| Q1 2025 | $5.0B | 385 |
| Q4 2024 | $4.9B | 394 |
| Q3 2024 | $3.8B | 455 |
| Q2 2024 | $7.4B | 441 |
| Q1 2024 | $5.5B | 507 |
| Q4 2023 | $3.8B | 451 |