# AXA S.A.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 898427. Source: https://holderbook.com/funds/898427-axa-s-a/

- Reported value: $91.9M
- Positions: 46
- Weight of the ten largest: 69.3%
- 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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $22.5M | 34,766 | 24.5% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $8.7M | 19,843 | 9.4% | 31 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $6.5M | 83,339 | 7.0% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $5.0M | 16,017 | 5.4% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $3.9M | 22,450 | 4.3% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.7M | 11,305 | 4.0% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $3.4M | 48,523 | 3.8% | 31 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $3.4M | 2,715 | 3.7% | 1 |
| LUMENT FINANCE TRUST INC | [LFT](https://holderbook.com/stocks/LFT/) | $3.3M | 3,340,780 | 3.6% | 23 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.2M | 15,396 | 3.5% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $2.5M | 998 | 2.7% | 3 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $2.5M | 6,794 | 2.7% | 31 |
| STELLANTIS N.V | [STLA](https://holderbook.com/stocks/STLA/) | $2.1M | 369,850 | 2.3% | 22 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.8M | 7,195 | 2.0% | 31 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $1.8M | 21,600 | 2.0% | 24 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.6M | 3,779 | 1.7% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.4M | 1,372 | 1.6% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.1M | 3,718 | 1.2% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $885.7K | 880 | 1.0% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $864.5K | 957 | 0.9% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $856.2K | 1,739 | 0.9% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $723.8K | 1,595 | 0.8% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $636.1K | 1,427 | 0.7% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $630.8K | 2,204 | 0.7% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $605.3K | 2,009 | 0.7% | 20 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $565.2K | 3,394 | 0.6% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $557.1K | 3,359 | 0.6% | 11 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $522.3K | 263 | 0.6% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $491.9K | 1,481 | 0.5% | 31 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $480.3K | 520 | 0.5% | 1 |
| MODERNA INC | [MRNA](https://holderbook.com/stocks/MRNA/) | $477.0K | 7,790 | 0.5% | 3 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $452.1K | 9,076 | 0.5% | 31 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $442.4K | 3,293 | 0.5% | 2 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $437.4K | 862 | 0.5% | 3 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $423.7K | 5,046 | 0.5% | 31 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $367.5K | 753 | 0.4% | 2 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $366.1K | 1,879 | 0.4% | 1 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $355.3K | 994 | 0.4% | 1 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $349.3K | 1,588 | 0.4% | 1 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $344.0K | 675 | 0.4% | 2 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $286.5K | 279 | 0.3% | 1 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $282.0K | 376 | 0.3% | 2 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $271.2K | 6,921 | 0.3% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $256.6K | 2,103 | 0.3% | 1 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $248.9K | 1,049 | 0.3% | 1 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $83.7K | 271 | 0.1% | 3 |

## 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 | +3.2% | +14.8% | -11.6% | 102% |
| Q1 2026 | -3.6% | -4.6% | +1.0% | 102% |
| Q4 2025 | +2.4% | +2.4% | +0.0% | 100% |
| Q3 2025 | +6.4% | +7.8% | -1.4% | 100% |
| Q2 2025 | +10.9% | +10.5% | +0.5% | 99% |
| Q1 2025 | -6.3% | -4.6% | -1.7% | 100% |
| Q4 2024 | +1.9% | +2.1% | -0.3% | 97% |
| Q3 2024 | +4.3% | +5.4% | -1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $91.9M | 46 |
| Q1 2026 | $256.4M | 74 |
| Q4 2025 | $211.4M | 73 |
| Q3 2025 | $199.4M | 61 |
| Q2 2025 | $34.8B | 1,118 |
| Q1 2025 | $30.4B | 1,056 |
| Q4 2024 | $32.9B | 1,065 |
| Q3 2024 | $33.8B | 1,087 |
| Q2 2024 | $67.2B | 1,056 |
| Q1 2024 | $33.4B | 1,057 |
| Q4 2023 | $62.0B | 1,062 |
| Q3 2023 | $28.5B | 1,059 |