AXA S.A.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), AXA S.A. reported 73 stock positions worth $211.4 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 21.9% of the portfolio, followed by Totalenergies (TTE, 5.4%) and Nvidia (NVDA, 5.0%). Compared with Q3 2025, it opened 16 new positions, sold out of 4, added to 12 and reduced 40. The biggest buy was a new position in Totalenergies (TTE) and the biggest sale Alphabet Class A (GOOGL, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0000898427
- Portfolio Value
- $211.4M (Q4 2025)
- SEC Filing
- 0000898427-26-000002 ↗ filed Feb 13, 2026
Holdings Value
Holdings 73 stocks · $211.4M
| SPY SS SPDR S&P 500 ETF Trust-US | 21.92% | 67,929 | $46.3M | No change |
| TTE Totalenergies SE | 5.39% | 204,844 | $11.4M | New |
| NVDA Nvidia Corp. | 5.02% | 56,866 | $10.6M | Reduce -11.6% |
| IEMG iShares Core MSCI Emerging | 4.91% | 154,400 | $10.4M | No change |
| MSFT Microsoft Corp. | 4.88% | 21,346 | $10.3M | Reduce -9.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.25% | 17,870 | $9.0M | Add +16.4% |
| AAPL Apple Inc. | 3.86% | 30,048 | $8.2M | Reduce -9.5% |
| AMZN Amazon.com Inc. | 3.67% | 33,565 | $7.7M | Reduce -3.3% |
| GOOG Alphabet Inc. Class C | 3.10% | 20,911 | $6.6M | New |
| GOOGL Alphabet Inc. Class A | 2.62% | 17,301 | $5.5M | Reduce -59.4% |
| STLA Stellantis NV | 2.24% | 503,390 | $4.7M | Add +7.3% |
| LUMENT FINANCE TRUST INC | 2.23% | 3,340,780 | $4.7M | No change |
| RACE Ferrari NV | 1.90% | 10,872 | $4.0M | Add +7.5% |
| META Meta Platforms Inc. Class A | 1.79% | 5,724 | $3.8M | Reduce -13.1% |
| AVGO Broadcom Inc. | 1.65% | 10,068 | $3.5M | New |
| KO The Coca-Cola Co. | 1.61% | 48,637 | $3.4M | No change |
| V Visa Inc. Class A | 1.39% | 8,366 | $2.9M | Add +0.0% |
| LLY Eli Lilly & Co. | 1.39% | 2,725 | $2.9M | Reduce -14.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.98% | 37,805 | $2.1M | Reduce -11.6% |
| AMD Advanced Micro Devices | 0.94% | 9,277 | $2.0M | New |
| MU Micron Technology Inc. | 0.86% | 6,348 | $1.8M | Reduce -0.5% |
| ADSK Autodesk Inc. | 0.83% | 5,946 | $1.8M | New |
| NFLX Netflix Inc. | 0.79% | 17,812 | $1.7M | Reduce -14.7% |
| NEE Nextera Energy Inc. | 0.77% | 20,344 | $1.6M | Reduce -14.7% |
| CIEN Ciena Corp. | 0.77% | 6,928 | $1.6M | Reduce -54.5% |
| AXP American Express Co. | 0.76% | 4,367 | $1.6M | Reduce -14.7% |
| ADBE Adobe Inc. | 0.75% | 4,551 | $1.6M | Add +14.2% |
| MS Morgan Stanley | 0.74% | 8,771 | $1.6M | Reduce -14.7% |
| MNST Monster Beverage Corp. | 0.72% | 19,870 | $1.5M | Reduce -14.7% |
| MLM Martin Marietta Materials | 0.70% | 2,360 | $1.5M | Reduce -1.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.69% | 9,559 | $1.5M | Reduce -14.7% |
| BSX Boston Scientific Corp. | 0.68% | 15,037 | $1.4M | Reduce -14.7% |
| ICE Intercontinental Exchange Inc. | 0.64% | 8,320 | $1.3M | Reduce -14.7% |
| EXAS Exact Sciences Corp. | 0.61% | 12,767 | $1.3M | Reduce -14.7% |
| UBER Uber Technologies Inc. | 0.60% | 15,575 | $1.3M | Reduce -14.7% |
| EW Edwards Lifesciences Corp. | 0.59% | 14,584 | $1.2M | Reduce -14.7% |
| TSLA Tesla Inc. | 0.57% | 2,694 | $1.2M | Reduce -16.7% |
| RCL Royal Caribbean Cruises Ltd. | 0.57% | 4,300 | $1.2M | Add +0.5% |
| ETN Eaton Corp. PLC | 0.56% | 3,747 | $1.2M | Reduce -14.7% |
| COST Costco Wholesale Corp. | 0.56% | 1,382 | $1.2M | Reduce -14.7% |
| PLNT Planet Fitness Inc. Class A | 0.54% | 10,590 | $1.1M | Reduce -14.7% |
| TMO Thermo Fisher Scientific Inc. | 0.54% | 1,963 | $1.1M | Reduce -14.7% |
| MRK Merck & Co. Inc. | 0.53% | 10,567 | $1.1M | Reduce -14.7% |
| CLH Clean Harbors Inc. | 0.51% | 4,576 | $1.1M | Reduce -14.7% |
| PGR Progressive Corp. | 0.49% | 4,533 | $1.0M | Reduce -14.7% |
| EOG EOG Resources Inc. | 0.46% | 9,352 | $982K | Reduce -15.4% |
| NOW ServiceNow Inc. | 0.46% | 6,373 | $976K | Reduce -15.3% |
| BKNG Booking Holdings Inc. | 0.45% | 178 | $953K | Reduce -14.4% |
| BABA Alibaba Group Holding-SP ADR | 0.40% | 5,326 | $846K | Add +37.5% |
| HLI Houlihan Lokey Inc. | 0.39% | 4,737 | $825K | New |
| TSCO Tractor Supply Company | 0.39% | 16,313 | $816K | Add +4.5% |
| ECL Ecolab Inc. | 0.36% | 2,925 | $768K | Reduce -14.7% |
| QCOM Qualcomm Inc. | 0.35% | 4,387 | $750K | Reduce -14.7% |
| UNH Unitedhealth Group Inc. | 0.35% | 2,213 | $731K | Reduce -14.7% |
| CSGP Costar Group Inc. | 0.34% | 10,812 | $727K | New |
| JPM JPMorgan Chase & Co. | 0.34% | 2,224 | $717K | Reduce -24.1% |
| MSA Msa Safety Inc. | 0.33% | 4,419 | $708K | Reduce -14.7% |
| GE General Electric filed as GE AEROSPACE | 0.31% | 2,159 | $665K | Add +29.4% |
| ARMK Aramark | 0.31% | 17,584 | $648K | New |
| RTX RTX Corp. | 0.29% | 3,380 | $620K | Add +20.0% |
| IR Ingersoll-Rand Inc. | 0.28% | 7,516 | $595K | Reduce -14.7% |
| CAT Caterpillar Inc. | 0.27% | 993 | $569K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.27% | 9,240 | $562K | Add +372.4% |
| ENSG The Ensign Group Inc. | 0.26% | 3,095 | $539K | New |
| CRUS Cirrus Logic Inc. | 0.24% | 4,229 | $501K | Reduce -14.7% |
| CVLT Commvault Systems Inc. | 0.20% | 3,438 | $431K | New |
| MRNA Moderna Inc. | 0.15% | 10,905 | $322K | New |
| ORCL Oracle Corp. | 0.13% | 1,378 | $269K | Add +86.7% |
| COR Cencora Inc. | 0.12% | 773 | $261K | New |
| LIN Linde PLC | 0.12% | 584 | $249K | New |
| LRCX Lam Research Corp. | 0.11% | 1,380 | $236K | New |
| WMT Walmart Inc. | 0.10% | 1,862 | $207K | New |
| APP AppLovin Corp. Class A | 0.10% | 306 | $206K | New |
Portfolio Sells Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Reduce -59.4% | 2.62% | −2.58 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −1.67 |
| MSFT Microsoft Corp. | Reduce -9.5% | 4.88% | −1.24 |
| NVDA Nvidia Corp. | Reduce -11.6% | 5.02% | −1.00 |
| META Meta Platforms Inc. Class A | Reduce -13.1% | 1.79% | −0.64 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.59 |
| NFLX Netflix Inc. | Reduce -14.7% | 0.79% | −0.47 |
| AAPL Apple Inc. | Reduce -9.5% | 3.86% | −0.38 |
| CIEN Ciena Corp. | Reduce -54.5% | 0.77% | −0.34 |
| UBER Uber Technologies Inc. | Reduce -14.7% | 0.60% | −0.29 |
| ETN Eaton Corp. PLC | Reduce -14.7% | 0.56% | −0.26 |
| NOW ServiceNow Inc. | Reduce -15.3% | 0.46% | −0.23 |
| COST Costco Wholesale Corp. | Reduce -14.7% | 0.56% | −0.19 |
| ICE Intercontinental Exchange Inc. | Reduce -14.7% | 0.64% | −0.19 |
| BSX Boston Scientific Corp. | Reduce -14.7% | 0.68% | −0.18 |
| PGR Progressive Corp. | Reduce -14.7% | 0.49% | −0.17 |
| AMZN Amazon.com Inc. | Reduce -3.3% | 3.67% | −0.16 |
| EOG EOG Resources Inc. | Reduce -15.4% | 0.46% | −0.16 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.16 |
| TSLA Tesla Inc. | Reduce -16.7% | 0.57% | −0.15 |
| NEE Nextera Energy Inc. | Reduce -14.7% | 0.77% | −0.13 |
| JPM JPMorgan Chase & Co. | Reduce -24.1% | 0.34% | −0.12 |
| BAC Bank of America Corp. | Reduce -11.6% | 0.98% | −0.12 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.12 |
| TJX TJX Companies Inc. | Reduce -14.7% | 0.69% | −0.12 |
| CLH Clean Harbors Inc. | Reduce -14.7% | 0.51% | −0.12 |
| BKNG Booking Holdings Inc. | Reduce -14.4% | 0.45% | −0.11 |
| MSA Msa Safety Inc. | Reduce -14.7% | 0.33% | −0.11 |
| ECL Ecolab Inc. | Reduce -14.7% | 0.36% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -14.7% | 0.35% | −0.10 |
| PLNT Planet Fitness Inc. Class A | Reduce -14.7% | 0.54% | −0.10 |
| AXP American Express Co. | Reduce -14.7% | 0.76% | −0.09 |
| IR Ingersoll-Rand Inc. | Reduce -14.7% | 0.28% | −0.08 |
| MS Morgan Stanley | Reduce -14.7% | 0.74% | −0.08 |
| EW Edwards Lifesciences Corp. | Reduce -14.7% | 0.59% | −0.08 |
| CRUS Cirrus Logic Inc. | Reduce -14.7% | 0.24% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -14.7% | 0.35% | −0.07 |
| MNST Monster Beverage Corp. | Reduce -14.7% | 0.72% | −0.07 |
| MLM Martin Marietta Materials | Reduce -1.1% | 0.70% | −0.06 |
| TMO Thermo Fisher Scientific Inc. | Reduce -14.7% | 0.54% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -14.7% | 0.53% | +0.01 |
| LLY Eli Lilly & Co. | Reduce -14.3% | 1.39% | +0.17 |
| EXAS Exact Sciences Corp. | Reduce -14.7% | 0.61% | +0.20 |
| MU Micron Technology Inc. | Reduce -0.5% | 0.86% | +0.32 |
Portfolio Buys Q3 2025 → Q4 2025
| TTE Totalenergies SE | New | 5.39% | +5.39 |
| GOOG Alphabet Inc. Class C | New | 3.10% | +3.10 |
| AVGO Broadcom Inc. | New | 1.65% | +1.65 |
| AMD Advanced Micro Devices | New | 0.94% | +0.94 |
| ADSK Autodesk Inc. | New | 0.83% | +0.83 |
| HLI Houlihan Lokey Inc. | New | 0.39% | +0.39 |
| STLA Stellantis NV | Add +7.3% | 2.24% | +0.39 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +16.4% | 4.25% | +0.38 |
| CSGP Costar Group Inc. | New | 0.34% | +0.34 |
| ARMK Aramark | New | 0.31% | +0.31 |
| ENSG The Ensign Group Inc. | New | 0.26% | +0.26 |
| CVLT Commvault Systems Inc. | New | 0.20% | +0.20 |
| MRNA Moderna Inc. | New | 0.15% | +0.15 |
| COR Cencora Inc. | New | 0.12% | +0.12 |
| LIN Linde PLC | New | 0.12% | +0.12 |
| LRCX Lam Research Corp. | New | 0.11% | +0.11 |
| WMT Walmart Inc. | New | 0.10% | +0.10 |
| APP AppLovin Corp. Class A | New | 0.10% | +0.10 |
| GE General Electric | Add +29.4% | 0.31% | +0.06 |
| RTX RTX Corp. | Add +20.0% | 0.29% | +0.06 |
| BABA Alibaba Group Holding-SP ADR | Add +37.5% | 0.40% | +0.05 |
| ADBE Adobe Inc. | Add +14.2% | 0.75% | +0.05 |
| ORCL Oracle Corp. | Add +86.7% | 0.13% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +372.4% | 0.27% | −0.01 |
| V Visa Inc. Class A | Add +0.0% | 1.39% | −0.04 |
| TSCO Tractor Supply Company | Add +4.5% | 0.39% | −0.06 |
| RCL Royal Caribbean Cruises Ltd. | Add +0.5% | 0.57% | −0.13 |
| RACE Ferrari NV | Add +7.5% | 1.90% | −0.56 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 46 | $91.9M | SPY, BRK.B, TTE, GOOGL, NVDA |
| Q1 2026 | 74 | $256.4M | BABA, SPY, TTE, IEMG, NVDA |
| Q4 2025 | 73 | $211.4M | SPY, TTE, NVDA, IEMG, MSFT |
| Q3 2025 | 61 | $199.4M | SPY, MSFT, NVDA, GOOGL, IEMG |
| Q2 2025 | 1,077 | $34.6B | NVDA, MSFT, AMZN, AAPL, META |
| Q1 2025 | 1,014 | $30.3B | NVDA, AAPL, MSFT, AMZN, V |
| Q4 2024 | 1,027 | $32.8B | NVDA, MSFT, AAPL, AMZN, GOOG |
| Q3 2024 | 1,053 | $33.6B | NVDA, MSFT, AAPL, AMZN, SEAGATE HDD CAYMAN (STX 3.5 06/01/28) |
| Q2 2024Amended | 1,019 | $33.4B | NVDA, MSFT, AAPL, AMZN, GOOG |
| Q1 2024 | 1,018 | $33.1B | MSFT, NVDA, AAPL, AMZN, GOOG |