Mirova 13F annual report

Mirova is an investment fund managing more than $547 billion ran by Violaine Olivier-mainguy. There are currently 123 companies in Mrs. Olivier-mainguy’s portfolio. The largest investments include Thermo Fisher Scientific and Accenture Plc Ireland, together worth $135 billion.

Limited to 30 biggest holdings

$547 billion Assets Under Management (AUM)

As of 6th August 2024, Mirova’s top holding is 165,792 shares of Thermo Fisher Scientific currently worth over $91.7 billion and making up 16.8% of the portfolio value. Relative to the number of outstanding shares of Thermo Fisher Scientific, Mirova owns more than approximately 0.1% of the company. In addition, the fund holds 141,780 shares of Accenture Plc Ireland worth $43 billion. The third-largest holding is Ecolab worth $37.4 billion and the next is NVIDIA Corp worth $31.8 billion, with 257,800 shares owned.

Currently, Mirova's portfolio is worth at least $547 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Mirova

The Mirova office and employees reside in Paris, France. According to the last 13-F report filed with the SEC, Violaine Olivier-mainguy serves as the CHIEF COMPLIANCE OFFICER at Mirova.

Recent trades

In the most recent 13F filing, Mirova revealed that it had opened a new position in Palo Alto Networks Inc and bought 10,150 shares worth $3.44 billion. This means they effectively own approximately 0.1% of the company. Palo Alto Networks Inc makes up 3.9% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Accenture Plc Ireland by buying 20,533 additional shares. This makes their stake in Accenture Plc Ireland total 141,780 shares worth $43 billion.

On the other hand, there are companies that Mirova is getting rid of from its portfolio. Mirova closed its position in Stericycle on 13th August 2024. It sold the previously owned 47,345 shares for $2.5 billion. Violaine Olivier-mainguy also disclosed a decreased stake in Thermo Fisher Scientific by 0.2%. This leaves the value of the investment at $91.7 billion and 165,792 shares.

One of the average hedge funds

The two most similar investment funds to Mirova are Woodson Capital Management, L.P. and Arkansas Financial Group, Inc. They manage $547 billion and $547 billion respectively.


Violaine Olivier-mainguy investment strategy

Mirova’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Health Care — making up 22.1% of the total portfolio value. The fund focuses on investments in the United States as 66.7% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 51% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $80.5 billion.

The complete list of Mirova trades based on 13F SEC filings

These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Thermo Fisher Scientific Inc.
22.89%
165,792
$91,682,976,000 16.75%
Accenture Plc Ireland
16.93%
141,780
$43,017,470,000 7.86%
Ecolab, Inc.
4.77%
157,158
$37,403,604,000 6.83%
NVIDIA Corp
843.42%
257,800
$31,848,612,000 5.82%
Microsoft Corporation
0.28%
54,236
$24,240,780,000 4.43%
Eli Lilly & Co
6.45%
25,662
$23,233,862,000 4.25%
Waste Mgmt Inc Del
0.93%
64,421
$13,743,576,000 2.51%
Visa Inc
10.75%
46,280
$12,147,112,000 2.22%
Procter And Gamble Co
75.03%
72,564
$11,967,255,000 2.19%
American Express Co.
2.34%
41,957
$9,715,143,000 1.78%
Colgate-Palmolive Co.
3.27%
98,346
$9,543,496,000 1.74%
Stryker Corp.
No change
26,455
$9,001,314,000 1.64%
American Wtr Wks Co Inc New
19.66%
63,067
$8,145,734,000 1.49%
Trane Technologies plc
1.53%
24,020
$7,900,899,000 1.44%
Bentley Sys Inc
1.85%
155,381
$7,669,606,000 1.40%
Tetra Tech, Inc.
14.07%
37,383
$7,644,076,000 1.40%
Xylem Inc
1.98%
53,812
$7,298,522,000 1.33%
General Mtrs Co
12.46%
152,634
$7,091,376,000 1.30%
Intuitive Surgical Inc
No change
13,923
$6,193,647,000 1.13%
Sunrun Inc
No change
516,595
$6,126,817,000 1.12%
Trimble Inc
11.47%
107,519
$6,012,462,000 1.10%
Union Pac Corp
No change
25,997
$5,882,081,000 1.07%
Mastercard Incorporated
7.26%
12,152
$5,360,976,000 0.98%
International Flavors&fragra
5.79%
55,875
$5,319,859,000 0.97%
First Solar Inc
28.08%
22,823
$5,145,674,000 0.94%
Brookfield Renewable Corporation
No change
174,653
$4,956,652,000 0.91%
ServiceNow Inc
7.43%
5,599
$4,404,565,000 0.80%
Chipotle Mexican Grill
4,940.71%
68,100
$4,266,465,000 0.78%
Lauder Estee Cos Inc
25.49%
38,649
$4,112,254,000 0.75%
Linde Plc.
No change
9,119
$4,001,508,000 0.73%
Idex Corporation
No change
19,800
$3,983,760,000 0.73%
Salesforce Inc
No change
15,084
$3,878,096,000 0.71%
Graphic Packaging Hldg Co
No change
146,131
$3,830,094,000 0.70%
Workday Inc
No change
16,368
$3,659,230,000 0.67%
Quanta Svcs Inc
14.46%
14,200
$3,608,078,000 0.66%
NextEra Energy Inc
737.24%
49,757
$3,523,293,000 0.64%
Palo Alto Networks Inc
Opened
10,150
$3,440,952,000 0.63%
Autoliv Inc.
No change
31,586
$3,379,386,000 0.62%
Gentex Corp.
No change
99,040
$3,338,638,000 0.61%
Godaddy Inc
No change
23,297
$3,254,824,000 0.59%
Exponent Inc.
2.67%
33,198
$3,157,794,000 0.58%
Zoetis Inc
No change
18,211
$3,157,059,000 0.58%
EBay Inc.
0.26%
58,362
$3,135,207,000 0.57%
Verizon Communications Inc
Opened
72,862
$3,004,829,000 0.55%
Oracle Corp.
892.40%
20,900
$2,951,080,000 0.54%
Rockwell Automation Inc
No change
10,611
$2,920,996,000 0.53%
Lululemon Athletica inc.
18.01%
9,719
$2,903,065,000 0.53%
Flex Ltd
1.46%
94,462
$2,785,684,000 0.51%
Gilead Sciences, Inc.
No change
40,232
$2,760,318,000 0.50%
ON Semiconductor Corp.
No change
37,992
$2,604,352,000 0.48%
Bright Horizons Fam Sol In D
No change
22,868
$2,517,309,000 0.46%
Stericycle Inc.
Closed
47,345
$2,497,449,000
Enphase Energy Inc
1.49%
24,149
$2,407,897,000 0.44%
CyberArk Software Ltd
7.57%
8,460
$2,313,133,000 0.42%
Pfizer Inc.
1,934.36%
80,703
$2,258,070,000 0.41%
Ansys Inc.
18.01%
6,831
$2,196,167,000 0.40%
Greif Inc
No change
37,614
$2,161,677,000 0.39%
Sprouts Fmrs Mkt Inc
5.90%
22,917
$1,917,236,000 0.35%
Weyerhaeuser Co Mtn Be
No change
64,791
$1,839,416,000 0.34%
Array Technologies, Inc.
No change
171,588
$1,760,493,000 0.32%
Core & Main, Inc.
No change
34,961
$1,710,991,000 0.31%
Aptiv PLC
No change
24,095
$1,696,770,000 0.31%
Roper Technologies Inc
No change
2,683
$1,512,300,000 0.28%
Darling Ingredients Inc
No change
37,395
$1,374,266,000 0.25%
Cadence Design System Inc
Opened
4,436
$1,365,179,000 0.25%
Organon & Co
Opened
60,738
$1,257,277,000 0.23%
Badger Meter Inc.
0.80%
6,479
$1,207,362,000 0.22%
Ormat Technologies Inc
3.57%
15,026
$1,077,364,000 0.20%
MP Materials Corp.
No change
83,584
$1,064,024,000 0.19%
AGCO Corp.
No change
10,440
$1,021,867,000 0.19%
Danaher Corp.
No change
3,951
$987,157,000 0.18%
Novanta Inc
No change
5,997
$978,171,000 0.18%
Cisco Sys Inc
Opened
19,969
$948,727,000 0.17%
Watts Water Technologies, Inc.
1.10%
4,961
$909,699,000 0.17%
Insulet Corporation
Closed
5,076
$870,026,000
Itron Inc.
302.58%
8,748
$865,702,000 0.16%
Merck & Co Inc
293.19%
6,987
$864,991,000 0.16%
Boise Cascade Co
Opened
7,083
$844,435,000 0.15%
Sweetgreen, Inc.
12.14%
27,801
$837,922,000 0.15%
Adobe Inc
73.83%
1,484
$824,421,000 0.15%
Conagra Brands Inc
No change
28,882
$820,826,000 0.15%
Omnicom Group, Inc.
182.16%
8,287
$743,344,000 0.14%
Agilent Technologies Inc.
19.55%
5,551
$719,576,000 0.13%
Mueller Wtr Prods Inc
No change
39,335
$704,883,000 0.13%
Dexcom Inc
No change
5,628
$638,103,000 0.12%
Pentair plc
29.24%
8,204
$629,001,000 0.11%
Donaldson Co. Inc.
No change
8,576
$613,699,000 0.11%
Edwards Lifesciences Corp
No change
6,439
$594,770,000 0.11%
Hannon Armstrong Sust Infr C
53.19%
19,129
$566,218,000 0.10%
Mettler-Toledo International, Inc.
13.04%
400
$559,036,000 0.10%
Kadant, Inc.
No change
1,864
$547,606,000 0.10%
General Mls Inc
66.98%
8,282
$523,919,000 0.10%
Boston Scientific Corp.
No change
6,737
$518,816,000 0.09%
Autodesk Inc.
80.21%
2,058
$509,252,000 0.09%
PTC Inc
13.96%
2,791
$507,041,000 0.09%
Becton Dickinson & Co.
13.56%
2,160
$504,814,000 0.09%
Sensata Technologies Hldg Pl
10.80%
13,326
$498,259,000 0.09%
Crown Holdings, Inc.
60.12%
6,465
$480,931,000 0.09%
TREX Co., Inc.
739.76%
6,189
$458,729,000 0.08%
Veralto Corp
61.00%
4,756
$454,055,000 0.08%
Advanced Drain Sys Inc Del
No change
2,717
$435,780,000 0.08%
Otis Worldwide Corporation
Opened
4,505
$433,651,000 0.08%
Avery Dennison Corp.
206.50%
1,934
$422,869,000 0.08%
Eversource Energy
Closed
6,142
$367,107,000
Prologis Inc
Closed
2,619
$341,046,000
Sensient Technologies Corp.
No change
4,412
$327,326,000 0.06%
LKQ Corp
1.91%
7,596
$315,918,000 0.06%
American Tower Corp.
89.84%
1,423
$276,603,000 0.05%
Bristol-Myers Squibb Co.
Closed
4,452
$241,432,000
CSX Corp.
No change
6,853
$229,233,000 0.04%
Abbvie Inc
Closed
1,249
$227,443,000
Elevance Health Inc
Closed
429
$222,454,000
Canadian Natl Ry Co
No change
1,878
$221,848,000 0.04%
Canadian Pacific Kansas City
No change
2,800
$220,444,000 0.04%
Eastman Chem Co
16.23%
2,225
$217,983,000 0.04%
Regeneron Pharmaceuticals, Inc.
Closed
221
$212,710,000
Cigna Group (The)
Closed
558
$202,660,000
WestRock Co
Opened
3,275
$164,601,000 0.03%
Norfolk Southn Corp
No change
731
$156,938,000 0.03%
HCA Healthcare Inc
Closed
430
$143,418,000
Steel Dynamics Inc.
Opened
1,067
$138,177,000 0.03%
Monolithic Pwr Sys Inc
Opened
155
$127,360,000 0.02%
AMGEN Inc.
No change
387
$120,918,000 0.02%
Nucor Corp.
Opened
764
$120,773,000 0.02%
Welltower Inc.
Closed
1,283
$119,884,000
Fluence Energy Inc
Closed
6,207
$107,629,000
Emerson Elec Co
Opened
961
$105,864,000 0.02%
NextEra Energy Partners LP
Closed
3,407
$102,483,000
Dover Corp.
Opened
480
$86,616,000 0.02%
Edison Intl
Closed
1,202
$85,017,000
Resmed Inc.
38.66%
434
$83,076,000 0.02%
Centene Corp.
Closed
1,057
$82,953,000
Hewlett Packard Enterprise C
Closed
4,666
$82,728,000
Avalonbay Cmntys Inc
Closed
440
$81,646,000
Humana Inc.
Closed
232
$80,439,000
YETI Holdings Inc
No change
2,101
$80,153,000 0.01%
Moderna Inc
Closed
741
$78,961,000
Ball Corp.
No change
1,309
$78,566,000 0.01%
Alexandria Real Estate Eq In
Closed
571
$73,608,000
Biogen Inc
Closed
327
$70,511,000
Hain Celestial Group Inc
75.68%
9,366
$64,719,000 0.01%
Shopify Inc
Opened
934
$61,691,000 0.01%
Equity Residential
Closed
971
$61,280,000
Shoals Technologies Group In
Closed
5,372
$60,059,000
Ventas Inc
Closed
1,307
$56,907,000
Waters Corp.
Opened
184
$53,382,000 0.01%
West Pharmaceutical Svsc Inc
Opened
161
$53,032,000 0.01%
Healthpeak Properties Inc.
Closed
2,168
$40,650,000
Sunnova Energy International Inc
Closed
5,128
$31,435,000
Plug Power Inc
Closed
7,335
$25,232,000
Chargepoint Holdings Inc.
Closed
10,284
$19,540,000
No transactions found
Showing first 500 out of 151 holdings