Mirova US LLC
Reported holdings as of Q2 2026, from 27 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | $862.3M | 4,309,689 | -0.73pp | 27q | -14.8%-$149.3M | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $543.1M | 1,137,112 | +0.92pp | 27q | -11.3%-$69.0M | |
| MASTERCARD INCORPORATED | MA | $474.9M | 924,618 | -0.32pp | 27q | -3.5%-$17.0M | |
| MICROSOFT CORP | MSFT | $449.9M | 1,206,161 | -1.70pp | 27q | -22.5%-$130.4M | |
| PALO ALTO NETWORKS INC | PANW | $445.1M | 1,305,090 | +1.87pp | 11q | -18.6%-$101.5M | |
| ELI LILLY & CO | LLY | $424.6M | 354,043 | +0.72pp | 22q | -3.9%-$17.3M | |
| EBAY INC. | EBAY | $358.3M | 3,206,010 | +0.31pp | 27q | -6.6%-$25.3M | |
| BROADCOM INC | AVGO | $347.3M | 919,362 | -0.18pp | 4q | -17.4%-$73.3M | |
| VERTIV HOLDINGS CO | VRT | $330.9M | 988,313 | +0.65pp | 3q | -3.4%-$11.5M | |
| NEXTERA ENERGY INC | NEE | $312.1M | 3,556,095 | -0.46pp | 27q | -1.9%-$5.9M | |
| ECOLAB INC | ECL | $310.4M | 1,113,930 | -0.19pp | 27q | -4.8%-$15.6M | |
| SHOPIFY INC | SHOP | $296.9M | 2,600,237 | -0.40pp | 10q | -2.7%-$8.1M | |
| THERMO FISHER SCIENTIFIC INC | TMO | $296.4M | 591,257 | -0.24pp | 27q | -3.9%-$11.9M | |
| HUBBELL INC | HUBB | $293.9M | 561,819 | -0.05pp | 5q | -2.4%-$7.4M | |
| WASTE MGMT INC DEL | WM | $292.6M | 1,312,962 | -0.41pp | 17q | -3.6%-$11.0M | |
| TJX COS INC NEW | TJX | $288.1M | 1,901,496 | -1.27pp | 7q | -21.0%-$76.8M | |
| EDWARDS LIFESCIENCES CORP | EW | $229.8M | 2,540,381 | +0.08pp | 16q | -3.3%-$7.9M | |
| CANADIAN PACIFIC KANSAS CITY | CP | $224.1M | 2,586,427 | +0.67pp | 9q | +33.0%+$55.7M | |
| XYLEM INC | XYL | $201.8M | 1,707,194 | -0.28pp | 27q | -5.5%-$11.9M | |
| LOWES COS INC | LOW | $200.2M | 907,806 | -0.37pp | 3q | -3.6%-$7.4M | |
| INTUITIVE SURGICAL INC | ISRG | $195.8M | 492,324 | -0.58pp | 27q | -3.9%-$8.0M | |
| DANAHER CORP DEL | DHR | $190.5M | 999,996 | -0.21pp | 27q | -4.9%-$9.8M | |
| AGCO CORP | AGCO | $182.9M | 1,528,332 | -0.12pp | 15q | -3.7%-$7.0M | |
| WATTS WATER TECHNOLOGIES INC | WTS | $161.3M | 412,095 | +0.29pp | 27q | -5.9%-$10.1M | |
| FIRST SOLAR INC | FSLR | $154.7M | 655,621 | +0.10pp | 20q | -6.1%-$10.1M | |
| BALL CORP | BALL | $149.7M | 2,399,395 | flat | 24q | HELD | |
| ADVANCED MICRO DEVICES INC | AMD | $145.1M | 249,822 | - | new | NEW | |
| VERALTO CORP | VLTO | $144.4M | 1,628,033 | -0.14pp | 11q | -3.6%-$5.4M | |
| BOSTON SCIENTIFIC CORP | BSX | $132.4M | 3,101,478 | -0.15pp | 3q | +40.8%+$38.3M | |
| SMURFIT WESTROCK PLC | SW | $109.3M | 2,363,387 | - | new | NEW | |
| VISA INC | V | $100.8M | 293,703 | -0.03pp | 27q | -9.8%-$11.0M | |
| ADVANCED DRAIN SYS INC DEL | WMS | $97.2M | 619,117 | +0.07pp | 8q | -1.5%-$1.5M | |
| AMERICAN WTR WKS CO INC NEW | AWK | $91.7M | 697,230 | -0.17pp | 27q | -7.1%-$7.0M | |
| SALESFORCE INC | CRM | $88.3M | 563,506 | -0.34pp | 8q | -7.5%-$7.2M | |
| ORACLE CORP | ORCL | $62.9M | 429,354 | - | new | NEW | |
| ACCENTURE PLC IRELAND | ACN | $41.9M | 337,013 | -1.09pp | 9q | -50.6%-$43.0M | |
| ALPHABET INC | GOOGL | $24.0M | 67,085 | +0.19pp | 3q | +245.4%+$17.0M | |
| APPLE INC | AAPL | $11.6M | 40,220 | +0.08pp | 3q | +160.8%+$7.2M | |
| JPMORGAN CHASE & CO | JPM | $10.4M | 31,658 | - | new | NEW | |
| OREILLY AUTOMOTIVE INC | ORLY | $7.6M | 82,108 | - | new | NEW | |
| JOHNSON CONTROLS INTERNATION | JCI | $5.5M | 37,625 | -0.01pp | 7q | -14.4%-$926.6K | |
| NASDAQ INC | NDAQ | $3.2M | 39,990 | -0.03pp | 5q | -39.6%-$2.1M | |
| COLGATE PALMOLIVE CO | CL | $2.7M | 28,979 | flat | 8q | -14.4%-$448.0K | |
| EVERSOURCE ENERGY | ES | $2.4M | 33,715 | -0.01pp | 5q | -23.1%-$731.9K | |
| INTUIT | INTU | $1.3M | 4,931 | -0.01pp | 5q | -14.4%-$217.2K |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Semiconductors & Electronics | $2.7B | 28.8% |
| Business Services | $975.9M | 10.5% |
| Software & IT Services | $923.3M | 9.9% |
| Industrials | $810.6M | 8.7% |
| Utilities | $698.9M | 7.5% |
| Instruments & Controls | $631.3M | 6.8% |
| Medical Devices | $558.0M | 6.0% |
| Retail & Consumer | $495.8M | 5.3% |
| Computer Hardware | $456.7M | 4.9% |
| Biotech & Pharma | $424.6M | 4.6% |
| Chemicals | $410.2M | 4.4% |
| Transport & Logistics | $224.1M | 2.4% |
| Other sectors | $13.5M | 0.1% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $9.3B | 45 | 5 | 4 | 35 | 2 | 48.9% | 45 |
| Q1 2026 | $8.8B | 42 | 0 | 6 | 29 | 1 | 50.0% | 41 |
| Q4 2025 | $10.0B | 43 | 7 | 6 | 30 | 0 | 51.8% | 42 |
| Q3 2025 | $9.9B | 36 | 1 | 5 | 30 | 0 | 56.3% | 20 |
| Q2 2025 | $9.7B | 35 | 4 | 27 | 4 | 3 | 55.9% | 23 |
| Q1 2025 | $8.4B | 34 | 0 | 33 | 1 | 0 | 55.7% | 45 |
| Q4 2024 | $8.3B | 34 | 3 | 7 | 24 | 2 | 56.5% | 41 |
| Q3 2024 | $8.7B | 33 | 4 | 23 | 4 | 0 | 58.2% | 45 |
| Q2 2024 | $8.0B | 29 | 2 | 25 | 2 | 0 | 60.6% | 31 |
| Q1 2024 | $7.4B | 27 | 1 | 4 | 21 | 1 | 60.2% | 39 |
| Q4 2023 | $6.6B | 27 | 2 | 3 | 21 | 1 | 63.2% | 30 |
| Q3 2023 | $5.9B | 26 | 1 | 21 | 2 | 3 | 66.2% | 44 |
| Q2 2023 | $6.0B | 28 | 2 | 21 | 3 | 1 | 64.6% | 24 |
| Q1 2023 | $5.5B | 27 | 1 | 22 | 2 | 5 | 64.6% | 32 |
| Q4 2022 | $5.0B | 31 | 2 | 22 | 6 | 0 | 59.8% | 40 |
| Q3 2022 | $4.3B | 29 | 2 | 0 | 11 | 1 | 62.3% | 34 |
| Q2 2022 | $4.6B | 28 | 3 | 24 | 1 | 0 | 64.4% | 28 |
| Q1 2022 | $5.2B | 25 | 1 | 23 | 0 | 3 | 63.7% | 36 |
| Q4 2021 | $5.3B | 27 | 1 | 24 | 2 | 1 | 64.1% | 45 |
| Q3 2021 | $4.3B | 27 | 3 | 22 | 2 | 2 | 66.5% | 46 |
| Q2 2021 | $3.7B | 26 | 0 | 22 | 4 | 0 | 66.8% | 47 |
| Q1 2021 | $2.9B | 26 | 1 | 22 | 3 | 0 | 69.5% | 47 |
| Q4 2020 | $2.3B | 25 | 0 | 19 | 5 | 1 | 72.2% | 47 |
| Q3 2020 | $1.7B | 26 | 1 | 20 | 0 | 0 | 73.0% | 47 |
| Q2 2020 | $1.1B | 25 | 1 | 23 | 0 | 1 | 75.1% | 45 |
| Q1 2020 | $754.8M | 25 | 0 | 16 | 8 | 7 | 74.6% | 43 |
| Q4 2019 | $738.4M | 32 | 0 | 0 | 0 | 0 | 73.4% | 45 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.