Bpifrance SA

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), Bpifrance SA reported 2 stock positions worth $2.0 billion. Its top holding was Stellantis (STLA) at 90.5% of the portfolio, followed by Constellium (CSTM, 9.5%). Compared with Q2 2025, it sold out of 1. The biggest sale was an exit from Sequans Communications S A.

Most Recent 13F
Q2 2026
Location
MAISONS ALFORT, CEDEX, I0
CIK
0001731118
Portfolio Value
$2.0B (Q3 2025)
SEC Filing
0001104659-25-105351 ↗ filed Nov 3, 2025

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $5.9B Q1 2024 Q2 2024: $4.1B Q2 2024 Q3 2024: $2.9B Q3 2024 Q4 2024: $2.7B Q4 2024 Q1 2025: $2.3B Q1 2025 Q2 2025: $2.1B Q2 2025 Q3 2025: $2.0B $2.0B Q3 2025 Q4 2025: $2.4B Q4 2025 Q1 2026: $1.7B Q1 2026 Q2 2026: $1.4B Q2 2026

Holdings 2 stocks · $2.0B

STLA Stellantis NV 90.48% 192,703,907 $1.8B No change
CSTM Constellium SE 9.52% 12,593,903 $187.4M No change

Portfolio Sells Q2 2025 → Q3 2025

SEQUANS COMMUNICATIONS S A Sold out 0.00% −0.02

Portfolio Buys Q2 2025 → Q3 2025

None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$1.4BSTLA, CSTM
Q1 2026 2$1.7BSTLA, CSTM
Q4 2025 2$2.4BSTLA, CSTM
Q3 2025 2$2.0BSTLA, CSTM
Q2 2025 3$2.1BSTLA, CSTM, SEQUANS COMMUNICATIONS S A
Q1 2025 3$2.3BSTLA, CSTM, SEQUANS COMMUNICATIONS S A
Q4 2024 3$2.7BSTLA, CSTM, SEQUANS COMMUNICATIONS S A
Q3 2024 4$2.9BSTLA, CSTM, SEQUANS COMMUNICATIONS S A, GETR
Q2 2024 5$4.1BSTLA, CSTM, CRTO, SEQUANS COMMUNICATIONS S A, GETR
Q1 2024 5$5.9BSTLA, CSTM, CRTO, SEQUANS COMMUNICATIONS S A, GETR