Caisse Des Depots Et Consignations
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 2, 2026), Caisse Des Depots Et Consignations reported 209 stock positions worth $4.4 billion. Its top holding was Totalenergies (TTE) at 45.1% of the portfolio, followed by UBS Group AG-Reg (UBS, 8.4%) and Linde (LIN, 7.2%). Compared with Q3 2025, it opened 18 new positions, sold out of 28, added to 57 and reduced 43. The biggest buy was a new position in Totalenergies (TTE) and the biggest sale Visa Class A (V, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0001056947
- Portfolio Value
- $4.4B (Q4 2025)
- SEC Filing
- 0001104659-26-009024 ↗ filed Feb 2, 2026
Holdings Value
Holdings 209 stocks · $4.4B
| TTE Totalenergies SE | 45.14% | 30,368,297 | $2.0B | New |
| UBS UBS Group AG-Reg | 8.41% | 7,922,061 | $369.6M | No change |
| LIN Linde PLC | 7.17% | 738,746 | $315.0M | Add +0.4% |
| ALC Alcon Inc. filed as ALCON AG | 4.12% | 2,264,092 | $180.8M | No change |
| TT Trane Technologies PLC | 2.75% | 310,768 | $121.0M | Add +0.5% |
| NVDA Nvidia Corp. | 2.16% | 507,631 | $94.7M | Add +0.5% |
| AAPL Apple Inc. | 1.94% | 313,758 | $85.3M | No change |
| MSFT Microsoft Corp. | 1.51% | 136,725 | $66.1M | No change |
| V Visa Inc. Class A | 1.47% | 184,704 | $64.8M | Reduce -18.1% |
| QGEN Qiagen N.V. | 1.40% | 1,345,657 | $61.4M | No change |
| IR Ingersoll-Rand Inc. | 1.23% | 682,627 | $54.1M | No change |
| AMZN Amazon.com Inc. | 1.10% | 209,865 | $48.4M | No change |
| ACN Accenture PLC Class A | 0.99% | 161,664 | $43.4M | No change |
| GOOGL Alphabet Inc. Class A | 0.97% | 135,552 | $42.4M | Reduce -0.7% |
| AVGO Broadcom Inc. | 0.80% | 101,306 | $35.1M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 0.76% | 106,822 | $33.5M | Reduce -7.6% |
| JPM JPMorgan Chase & Co. | 0.51% | 70,031 | $22.6M | No change |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.48% | 202,550 | $21.2M | No change |
| WMT Walmart Inc. | 0.37% | 145,303 | $16.2M | Add +1.1% |
| EWY iShares MSCI South Korea ETF | 0.36% | 162,000 | $15.9M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 260,363 | $14.3M | No change |
| EWT iShares MSCI Taiwan ETF | 0.33% | 225,000 | $14.3M | No change |
| JNJ Johnson & Johnson | 0.31% | 65,835 | $13.6M | No change |
| ABBV Abbvie Inc. | 0.31% | 59,391 | $13.6M | No change |
| MICC The Magnum Ice Cream Co. NV | 0.28% | 776,922 | $12.4M | New |
| CSCO Cisco Systems Inc. | 0.28% | 160,420 | $12.4M | Reduce -4.6% |
| GE General Electric filed as GE AEROSPACE | 0.28% | 39,963 | $12.3M | No change |
| PG The Procter & Gamble Co. | 0.27% | 83,859 | $12.0M | Add +19.9% |
| CRM Salesforce Inc. | 0.27% | 44,636 | $11.8M | Add +2.0% |
| KO The Coca-Cola Co. | 0.27% | 168,656 | $11.8M | Reduce -1.5% |
| LLY Eli Lilly & Co. | 0.27% | 10,834 | $11.6M | Add +17.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 39,191 | $11.6M | Add +9.9% |
| MA Mastercard Inc. Class A | 0.26% | 19,898 | $11.4M | No change |
| RTX RTX Corp. | 0.25% | 60,510 | $11.1M | Reduce -4.9% |
| ORCL Oracle Corp. | 0.24% | 53,750 | $10.5M | No change |
| AMD Advanced Micro Devices | 0.23% | 47,178 | $10.1M | No change |
| LRCX Lam Research Corp. | 0.22% | 56,160 | $9.6M | Reduce -10.3% |
| SCHW Schwab (charles) Corp. | 0.22% | 95,120 | $9.5M | No change |
| NEE Nextera Energy Inc. | 0.21% | 116,696 | $9.4M | Reduce -5.6% |
| HD Home Depot Inc. | 0.21% | 26,436 | $9.1M | No change |
| MRK Merck & Co. Inc. | 0.20% | 83,500 | $8.8M | Add +2.2% |
| PFE Pfizer Inc. | 0.20% | 351,577 | $8.8M | No change |
| CRH CRH PLC | 0.19% | 68,384 | $8.5M | Add +3.3% |
| PGR Progressive Corp. | 0.19% | 37,439 | $8.5M | Add +14.5% |
| COTY Coty Inc. Class A | 0.19% | 2,700,000 | $8.5M | No change |
| BSX Boston Scientific Corp. | 0.19% | 87,694 | $8.4M | Add +10.4% |
| UBER Uber Technologies Inc. | 0.18% | 98,498 | $8.0M | Add +6.1% |
| GILD Gilead Sciences Inc. | 0.18% | 63,322 | $7.8M | Add +3.7% |
| ADBE Adobe Inc. | 0.18% | 22,014 | $7.7M | Add +19.8% |
| CSX CSX Corp. | 0.17% | 212,086 | $7.7M | No change |
| CMG Chipotle Mexican Grill Inc. | 0.17% | 203,854 | $7.5M | Add +41.8% |
| JCI Johnson Controls Internation | 0.16% | 59,369 | $7.1M | No change |
| HON Honeywell International Inc. | 0.16% | 36,238 | $7.1M | Add +33.1% |
| F Ford Motor Co. filed as FORD MTR CO | 0.16% | 533,663 | $7.0M | Reduce -5.2% |
| CAT Caterpillar Inc. | 0.16% | 12,190 | $7.0M | Add +127.9% |
| MS Morgan Stanley | 0.16% | 38,678 | $6.9M | Reduce -8.7% |
| INTC Intel Corp. | 0.16% | 185,699 | $6.9M | Reduce -15.6% |
| MMM 3M Co. | 0.15% | 42,150 | $6.7M | Add +78.9% |
| ROL Rollins Inc. | 0.15% | 110,865 | $6.7M | Add +43.7% |
| KDP Keurig Dr Pepper Inc. | 0.15% | 231,182 | $6.5M | Add +25.6% |
| EQH Equitable Holdings Inc. | 0.15% | 134,238 | $6.4M | Add +85.9% |
| MDT Medtronic PLC | 0.15% | 66,461 | $6.4M | No change |
| GEV GE Vernova Inc. | 0.14% | 9,667 | $6.3M | Reduce -17.8% |
| HBAN Huntington Bancshares Inc. | 0.14% | 359,122 | $6.2M | No change |
| T AT&T Inc. | 0.14% | 247,042 | $6.1M | Reduce -10.8% |
| FAST Fastenal Co. | 0.14% | 152,430 | $6.1M | Add +15.9% |
| CEG Constellation Energy | 0.14% | 17,181 | $6.1M | Reduce -25.3% |
| NFLX Netflix Inc. | 0.14% | 63,922 | $6.0M | Reduce -17.4% |
| ADP Automatic Data Processing | 0.14% | 23,192 | $6.0M | No change |
| PANW Palo Alto Networks Inc. | 0.13% | 31,442 | $5.8M | Add +4.1% |
| MNST Monster Beverage Corp. | 0.13% | 74,987 | $5.7M | Reduce -13.0% |
| WFC Wells Fargo & Co. | 0.13% | 61,110 | $5.7M | Add +26.4% |
| CNH CNH Industrial NV | 0.13% | 614,777 | $5.7M | Add +32.4% |
| NOW ServiceNow Inc. | 0.13% | 36,105 | $5.5M | No change |
| CAH Cardinal Health Inc. | 0.13% | 26,814 | $5.5M | Reduce -20.8% |
| KVUE Kenvue Inc. | 0.12% | 318,100 | $5.5M | Add +31.4% |
| FCX Freeport-McMoran Inc. | 0.12% | 105,733 | $5.4M | Reduce -9.3% |
| SBUX Starbucks Corp. | 0.12% | 62,044 | $5.2M | No change |
| DHR Danaher Corp. | 0.12% | 22,819 | $5.2M | Reduce -4.8% |
| EXC Exelon Corp. | 0.12% | 117,405 | $5.1M | Add +17.7% |
| PCG P G & E Corp. | 0.12% | 317,427 | $5.1M | Add +48.3% |
| OTIS Otis Worldwide Corp. | 0.11% | 55,325 | $4.8M | No change |
| INTU Intuit Inc. | 0.11% | 7,240 | $4.8M | Add +71.6% |
| EXPD Expeditors Intl Wash Inc. | 0.11% | 31,950 | $4.8M | Reduce -4.9% |
| EW Edwards Lifesciences Corp. | 0.10% | 51,766 | $4.4M | Reduce -19.4% |
| HPE Hewlett Packard Enterprise | 0.10% | 181,278 | $4.4M | Add +61.8% |
| COST Costco Wholesale Corp. | 0.10% | 4,980 | $4.3M | Reduce -30.7% |
| CPRT Copart Inc. | 0.10% | 106,987 | $4.2M | Add +9.0% |
| AMAT Applied Materials Inc. | 0.09% | 16,074 | $4.1M | Add +25.3% |
| PLD Prologis Inc. | 0.09% | 32,071 | $4.1M | Add +152.3% |
| WY Weyerhaeuser Co. | 0.09% | 171,730 | $4.1M | Add +9.1% |
| PYPL PayPal Holdings Inc. | 0.09% | 67,995 | $4.0M | Add +153.4% |
| NKE Nike Inc. Class B | 0.09% | 62,263 | $4.0M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.09% | 33,706 | $3.8M | No change |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.08% | 31,784 | $3.7M | Reduce -26.4% |
| HOOD Robinhood Markets Inc. Class A | 0.08% | 31,759 | $3.6M | Add +14.1% |
| SOFI Sofi Technologies Inc. | 0.08% | 133,675 | $3.5M | Add +51.5% |
| HUM Humana Inc. | 0.08% | 13,599 | $3.5M | No change |
| RIVN Rivian Automotive Inc. Class A | 0.08% | 173,462 | $3.4M | Add +24.8% |
| MU Micron Technology Inc. | 0.08% | 11,832 | $3.4M | Add +28.1% |
Portfolio Sells Q3 2025 → Q4 2025
| V Visa Inc. Class A | Reduce -18.1% | 1.47% | −1.80 |
| AVGO Broadcom Inc. | Reduce -0.8% | 0.80% | −0.63 |
| GOOGL Alphabet Inc. Class A | Reduce -0.7% | 0.97% | −0.44 |
| GOOG Alphabet Inc. Class C | Reduce -7.6% | 0.76% | −0.43 |
| NFLX Netflix Inc. | Reduce -17.4% | 0.14% | −0.26 |
| KKR KKR & Co. Inc. | Reduce -90.7% | 0.01% | −0.22 |
| CMCSA Comcast Corp. Class A | Reduce -86.8% | 0.02% | −0.22 |
| KO The Coca-Cola Co. | Reduce -1.5% | 0.27% | −0.21 |
| CSCO Cisco Systems Inc. | Reduce -4.6% | 0.28% | −0.21 |
| RTX RTX Corp. | Reduce -4.9% | 0.25% | −0.20 |
| T AT&T Inc. | Reduce -10.8% | 0.14% | −0.19 |
| COST Costco Wholesale Corp. | Reduce -30.7% | 0.10% | −0.18 |
| CEG Constellation Energy | Reduce -25.3% | 0.14% | −0.18 |
| NEE Nextera Energy Inc. | Reduce -5.6% | 0.21% | −0.18 |
| GEV GE Vernova Inc. | Reduce -17.8% | 0.14% | −0.16 |
| INTC Intel Corp. | Reduce -15.6% | 0.16% | −0.16 |
| LRCX Lam Research Corp. | Reduce -10.3% | 0.22% | −0.14 |
| PCAR Paccar Inc. | Reduce -80.3% | 0.02% | −0.14 |
| MS Morgan Stanley | Reduce -8.7% | 0.16% | −0.13 |
| F Ford Motor Co. | Reduce -5.2% | 0.16% | −0.13 |
| BNY Bank of New York Mellon Corp. | Reduce -26.4% | 0.08% | −0.12 |
| MNST Monster Beverage Corp. | Reduce -13.0% | 0.13% | −0.12 |
| ADSK Autodesk Inc. | Reduce -48.5% | 0.04% | −0.11 |
| EW Edwards Lifesciences Corp. | Reduce -19.4% | 0.10% | −0.11 |
| ICE Intercontinental Exchange Inc. | Reduce -40.9% | 0.05% | −0.11 |
| ORI Old Republic Intl Corp. | Reduce -68.2% | 0.03% | −0.11 |
| HEI Heico Corp. | Sold out | 0.00% | −0.11 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −0.11 |
| ECL Ecolab Inc. | Reduce -34.9% | 0.05% | −0.10 |
| CAH Cardinal Health Inc. | Reduce -20.8% | 0.13% | −0.10 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.09 |
| BWXT BWX Technologies Inc. | Reduce -16.3% | 0.06% | −0.09 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.08 |
| DHR Danaher Corp. | Reduce -4.8% | 0.12% | −0.08 |
| SYF Synchrony Financial | Reduce -21.1% | 0.07% | −0.07 |
| EA Electronic Arts Inc. | Reduce -62.9% | 0.02% | −0.07 |
| FCX Freeport-McMoran Inc. | Reduce -9.3% | 0.12% | −0.07 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.07 |
| AMT American Tower Corp. | Reduce -55.9% | 0.02% | −0.07 |
| EXPD Expeditors Intl Wash Inc. | Reduce -4.9% | 0.11% | −0.07 |
| SNAP Snap Inc. Class A | Reduce -32.1% | 0.04% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Reduce -81.9% | 0.01% | −0.06 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.06 |
| TFC Truist Financial Corp. | Sold out | 0.00% | −0.06 |
| O Realty Income Corp. | Sold out | 0.00% | −0.05 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.05 |
| CVS CVS Health Corp. | Reduce -21.7% | 0.04% | −0.05 |
| CCI Crown Castle Inc. | Reduce -34.0% | 0.02% | −0.05 |
| HLT Hilton Worldwide Holdings Inc. | Sold out | 0.00% | −0.05 |
| CNC Centene Corp. | Reduce -44.5% | 0.02% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| TTE Totalenergies SE | New | 45.14% | +45.14 |
| MICC The Magnum Ice Cream Co. NV | New | 0.28% | +0.28 |
| HIG Hartford Insurance Group Inc. | New | 0.07% | +0.07 |
| CAT Caterpillar Inc. | Add +127.9% | 0.16% | +0.05 |
| CMI Cummins Inc. | New | 0.04% | +0.04 |
| LHX L3HARRIS Technologies Inc. | New | 0.04% | +0.04 |
| PLD Prologis Inc. | Add +152.3% | 0.09% | +0.03 |
| KHC The Kraft Heinz Co. | New | 0.03% | +0.03 |
| ELV Elevance Health Inc. | Add +219.9% | 0.05% | +0.02 |
| TRV The Travelers Cos Inc. | Add +239.7% | 0.05% | +0.02 |
| FTNT Fortinet Inc. | Add +208.7% | 0.06% | +0.02 |
| RKLB Rocket Lab Corp. | New | 0.02% | +0.02 |
| AIG American International Group | Add +207.3% | 0.04% | +0.02 |
| DHI D.R. Horton Inc. | New | 0.01% | +0.01 |
| PYPL PayPal Holdings Inc. | Add +153.4% | 0.09% | +0.01 |
| GS Goldman Sachs Group Inc. | New | 0.01% | +0.01 |
| DNOW Dnow Inc. | New | 0.01% | +0.01 |
| LEA Lear Corp. | New | 0.01% | +0.01 |
| GWW WW Grainger Inc. | New | 0.01% | +0.01 |
| MU Micron Technology Inc. | Add +28.1% | 0.08% | +0.01 |
| PGNY Progyny Inc. | New | 0.01% | +0.01 |
| UNP Union Pacific Corp. | New | 0.01% | +0.01 |
| WDC Western Digital Corp. | Add +147.8% | 0.02% | +0.01 |
| ADT Adt Inc. | Add +159.6% | 0.03% | +0.01 |
| XYL Xylem Inc. | New | 0.01% | +0.01 |
| WBD Warner Bros Discovery Inc. | Add +45.8% | 0.05% | +0.01 |
| U Unity Software Inc. | New | 0.01% | +0.01 |
| KRMN Karman Holdings Inc. | New | 0.01% | +0.01 |
| AXON Axon Enterprise Inc. | New | 0.01% | +0.01 |
| KEY Keycorp | Add +75.2% | 0.06% | +0.00 |
| NEM Newmont Corp. | Add +56.5% | 0.07% | −0.00 |
| MMM 3M Co. | Add +78.9% | 0.15% | −0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +63.9% | 0.02% | −0.00 |
| CWEN Clearway Energy Inc. Class C | Add +1.4% | 0.01% | −0.01 |
| RIVN Rivian Automotive Inc. Class A | Add +24.8% | 0.08% | −0.01 |
| EQH Equitable Holdings Inc. | Add +85.9% | 0.15% | −0.01 |
| INTU Intuit Inc. | Add +71.6% | 0.11% | −0.01 |
| AMAT Applied Materials Inc. | Add +25.3% | 0.09% | −0.02 |
| HPE Hewlett Packard Enterprise | Add +61.8% | 0.10% | −0.02 |
| BWA Borgwarner Inc. | Add +26.8% | 0.04% | −0.02 |
| SOFI Sofi Technologies Inc. | Add +51.5% | 0.08% | −0.02 |
| DOC Healthpeak Properties Inc. | Add +13.2% | 0.02% | −0.02 |
| PCG P G & E Corp. | Add +48.3% | 0.12% | −0.02 |
| PNR Pentair PLC | Add +38.7% | 0.06% | −0.02 |
| APP AppLovin Corp. Class A | Add +35.1% | 0.05% | −0.03 |
| FTV Fortive Corp. | Add +7.1% | 0.06% | −0.03 |
| LLY Eli Lilly & Co. | Add +17.3% | 0.27% | −0.03 |
| ROL Rollins Inc. | Add +43.7% | 0.15% | −0.04 |
| KVUE Kenvue Inc. | Add +31.4% | 0.12% | −0.04 |
| WFC Wells Fargo & Co. | Add +26.4% | 0.13% | −0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 235 | $5.9B | TTE, AZN, UBS, LIN, ALC |
| Q1 2026 | 217 | $6.1B | TTE, AZN, LIN, UBS, ALC |
| Q4 2025 | 209 | $4.4B | TTE, UBS, LIN, ALC, TT |
| Q3 2025 | 218 | $2.4B | LIN, UBS, ALC, TT, NVDA |
| Q2 2025 | 193 | $2.4B | LIN, UBS, ALC, TT, AMRZ |
| Q1 2025 | 204 | $2.1B | LIN, UBS, ALC, TT, AAPL |
| Q4 2024 | 222 | $2.0B | LIN, UBS, ALC, TT, AAPL |