Comgest Global Investors S.A.S.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Comgest Global Investors S.A.S. reported 62 stock positions worth $5.6 billion. Its top holding was Microsoft (MSFT) at 7.8% of the portfolio, followed by Linde (LIN, 7.0%) and Visa Class A (V, 6.8%). Compared with Q4 2024, it opened 4 new positions, sold out of 2, added to 25 and reduced 27. The biggest buy was Linde (LIN, shares +9%) and the biggest sale Microsoft (MSFT, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- Paris, I0
- CIK
- 0001574947
- Portfolio Value
- $5.6B (Q1 2025)
- SEC Filing
- 0001172661-25-002007 ↗ filed May 15, 2025
Holdings Value
Holdings 62 stocks · $5.6B
| MSFT Microsoft Corp. | 7.75% | 1,157,216 | $434.4M | Reduce -25.0% |
| LIN Linde PLC | 7.03% | 845,893 | $393.9M | Add +8.7% |
| V Visa Inc. Class A | 6.84% | 1,093,856 | $383.4M | Reduce -3.5% |
| ACN Accenture PLC Class A | 6.67% | 1,197,268 | $373.6M | Reduce -1.7% |
| LLY Eli Lilly & Co. | 6.62% | 448,956 | $370.8M | Reduce -24.7% |
| TSM Taiwan Semiconductor-SP ADR | 6.51% | 2,198,577 | $365.0M | Add +1.2% |
| JNJ Johnson & Johnson | 6.39% | 2,158,820 | $358.0M | Add +2.8% |
| GOOGL Alphabet Inc. Class A | 4.94% | 1,789,746 | $276.8M | Add +15.3% |
| INTU Intuit Inc. | 4.94% | 450,454 | $276.6M | Add +0.4% |
| AMZN Amazon.com Inc. | 4.55% | 1,339,850 | $254.9M | Add +8.3% |
| SPGI S&P Global Inc. | 4.52% | 498,005 | $253.0M | Reduce -7.8% |
| ZTS Zoetis Inc. | 4.11% | 1,396,999 | $230.0M | Add +11.1% |
| ICLR Icon PLC | 3.71% | 1,189,086 | $208.1M | Add +1.4% |
| VRSK Verisk Analytics Inc. | 2.84% | 534,737 | $159.1M | Reduce -21.5% |
| COST Costco Wholesale Corp. | 2.42% | 143,573 | $135.8M | Reduce -26.2% |
| ADI Analog Devices Inc. | 2.35% | 651,790 | $131.4M | Reduce -30.8% |
| CPRT Copart Inc. | 2.26% | 2,236,415 | $126.6M | Add +38.1% |
| IDXX Idexx Laboratories Inc. | 1.84% | 245,301 | $103.0M | Add +28.1% |
| ORCL Oracle Corp. | 1.76% | 705,727 | $98.7M | Add +11.5% |
| MELI MercadoLibre Inc. | 1.26% | 36,075 | $70.4M | Reduce -7.4% |
| AAPL Apple Inc. | 1.17% | 294,804 | $65.5M | Add +6.6% |
| VMC Vulcan Materials Co. | 0.79% | 189,708 | $44.3M | Add +8.8% |
| META Meta Platforms Inc. Class A | 0.75% | 73,336 | $42.3M | Reduce -4.6% |
| SCI Service Corp. International | 0.74% | 514,991 | $41.3M | Reduce -3.4% |
| FMX Fomento Economico Mex-SP ADR | 0.72% | 412,598 | $40.3M | Reduce -9.1% |
| AVY Avery Dennison Corp. | 0.65% | 205,893 | $36.6M | Reduce -12.9% |
| CTAS Cintas Corp. | 0.63% | 170,393 | $35.0M | Add +9.7% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.58% | 221,311 | $32.7M | Reduce -4.0% |
| SYK Stryker Corp. | 0.50% | 75,324 | $28.0M | Add +9.7% |
| HDB HDFC Bank Ltd.-ADR | 0.39% | 330,212 | $21.9M | Reduce -23.3% |
| INFY Infosys Ltd.-SP ADR | 0.37% | 1,144,400 | $20.9M | Reduce -13.5% |
| GLOB Globant SA | 0.37% | 174,988 | $20.6M | Reduce -8.1% |
| OTIS Otis Worldwide Corp. | 0.33% | 177,473 | $18.3M | Reduce -47.5% |
| MA Mastercard Inc. Class A | 0.25% | 25,159 | $13.8M | Add +331.3% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.21% | 126,883 | $11.8M | No change |
| YUMC Yum China Holdings Inc. | 0.20% | 210,094 | $10.9M | Add +1.5% |
| FERG Ferguson Enterprises Inc. | 0.19% | 65,834 | $10.5M | Add +20.9% |
| BDX Becton Dickinson and Co. | 0.17% | 42,323 | $9.7M | Add +21.9% |
| NFLX Netflix Inc. | 0.17% | 10,373 | $9.7M | Add +154.4% |
| SPOT Spotify Technology SA | 0.15% | 15,739 | $8.7M | Reduce -50.7% |
| FAST Fastenal Co. | 0.15% | 110,039 | $8.5M | Add +16.0% |
| ISRG Intuitive Surgical Inc. | 0.14% | 16,157 | $8.0M | Add +4.9% |
| NVDA Nvidia Corp. | 0.13% | 68,429 | $7.4M | New |
| STVN Stevanato Group SPA | 0.11% | 310,271 | $6.3M | Add +11.7% |
| AXP American Express Co. | 0.11% | 22,102 | $5.9M | New |
| PDD PDD Holdings Inc. | 0.09% | 42,688 | $5.1M | No change |
| ALC Alcon Inc. filed as ALCON AG | 0.07% | 38,622 | $3.7M | Add +20.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.06% | 5,347 | $3.5M | Reduce -20.9% |
| WMT Walmart Inc. | 0.06% | 39,969 | $3.5M | Reduce -15.8% |
| TME Tencent Music Entertainm-ADR | 0.06% | 239,796 | $3.5M | New |
| MDT Medtronic PLC | 0.06% | 36,675 | $3.3M | No change |
| RELX Relx PLC - Spon ADR | 0.05% | 56,968 | $2.9M | Add +3.0% |
| VIPS Vipshop Holdings Ltd. - ADR | 0.05% | 181,638 | $2.8M | Reduce -9.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.05% | 40,762 | $2.8M | Reduce -13.1% |
| CSCO Cisco Systems Inc. | 0.04% | 36,608 | $2.3M | No change |
| CTSH Cognizant Tech Solutions-A | 0.03% | 20,840 | $1.6M | Reduce -73.1% |
| NYT New York Times Co. Class A | 0.02% | 22,504 | $1.1M | Reduce -94.9% |
| RACE Ferrari NV | 0.02% | 2,447 | $1.0M | Reduce -42.4% |
| MTD Mettler-Toledo International | 0.02% | 791 | $934K | No change |
| MPWR Monolithic Power Systems Inc. | 0.02% | 1,488 | $863K | Reduce -90.7% |
| TMO Thermo Fisher Scientific Inc. | 0.01% | 1,456 | $725K | No change |
| TCOM Trip.com Group Ltd.-ADR | 0.01% | 7,356 | $468K | New |
Portfolio Sells Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | Reduce -25.0% | 7.75% | −2.90 |
| ADI Analog Devices Inc. | Reduce -30.8% | 2.35% | −0.93 |
| LLY Eli Lilly & Co. | Reduce -24.7% | 6.62% | −0.92 |
| COST Costco Wholesale Corp. | Reduce -26.2% | 2.42% | −0.50 |
| NYT New York Times Co. Class A | Reduce -94.9% | 0.02% | −0.36 |
| ACN Accenture PLC Class A | Reduce -1.7% | 6.67% | −0.35 |
| GLOB Globant SA | Reduce -8.1% | 0.37% | −0.30 |
| VRSK Verisk Analytics Inc. | Reduce -21.5% | 2.84% | −0.23 |
| RYAAY Ryanair Holdings PLC-SP ADR | Sold out | 0.00% | −0.19 |
| OTIS Otis Worldwide Corp. | Reduce -47.5% | 0.33% | −0.19 |
| MPWR Monolithic Power Systems Inc. | Reduce -90.7% | 0.02% | −0.14 |
| INFY Infosys Ltd.-SP ADR | Reduce -13.5% | 0.37% | −0.10 |
| SPOT Spotify Technology SA | Reduce -50.7% | 0.15% | −0.08 |
| AVY Avery Dennison Corp. | Reduce -12.9% | 0.65% | −0.07 |
| CTSH Cognizant Tech Solutions-A | Reduce -73.1% | 0.03% | −0.07 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -4.0% | 0.58% | −0.06 |
| HDB HDFC Bank Ltd.-ADR | Reduce -23.3% | 0.39% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -13.1% | 0.05% | −0.02 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -20.9% | 0.06% | −0.01 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.01 |
| RACE Ferrari NV | Reduce -42.4% | 0.02% | −0.01 |
| WMT Walmart Inc. | Reduce -15.8% | 0.06% | −0.01 |
| VIPS Vipshop Holdings Ltd. - ADR | Reduce -9.5% | 0.05% | +0.01 |
| META Meta Platforms Inc. Class A | Reduce -4.6% | 0.75% | +0.02 |
| SCI Service Corp. International | Reduce -3.4% | 0.74% | +0.04 |
| FMX Fomento Economico Mex-SP ADR | Reduce -9.1% | 0.72% | +0.08 |
| SPGI S&P Global Inc. | Reduce -7.8% | 4.52% | +0.11 |
| MELI MercadoLibre Inc. | Reduce -7.4% | 1.26% | +0.17 |
| V Visa Inc. Class A | Reduce -3.5% | 6.84% | +0.97 |
Portfolio Buys Q4 2024 → Q1 2025
| LIN Linde PLC | Add +8.7% | 7.03% | +1.69 |
| JNJ Johnson & Johnson | Add +2.8% | 6.39% | +1.41 |
| ZTS Zoetis Inc. | Add +11.1% | 4.11% | +0.75 |
| CPRT Copart Inc. | Add +38.1% | 2.26% | +0.74 |
| IDXX Idexx Laboratories Inc. | Add +28.1% | 1.84% | +0.54 |
| INTU Intuit Inc. | Add +0.4% | 4.94% | +0.32 |
| MA Mastercard Inc. Class A | Add +331.3% | 0.25% | +0.20 |
| CTAS Cintas Corp. | Add +9.7% | 0.63% | +0.16 |
| NVDA Nvidia Corp. | New | 0.13% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +15.3% | 4.94% | +0.13 |
| NFLX Netflix Inc. | Add +154.4% | 0.17% | +0.11 |
| AXP American Express Co. | New | 0.11% | +0.11 |
| AMZN Amazon.com Inc. | Add +8.3% | 4.55% | +0.10 |
| SYK Stryker Corp. | Add +9.7% | 0.50% | +0.10 |
| TME Tencent Music Entertainm-ADR | New | 0.06% | +0.06 |
| VMC Vulcan Materials Co. | Add +8.8% | 0.79% | +0.06 |
| BDX Becton Dickinson and Co. | Add +21.9% | 0.17% | +0.04 |
| FAST Fastenal Co. | Add +16.0% | 0.15% | +0.04 |
| AAPL Apple Inc. | Add +6.6% | 1.17% | +0.03 |
| FERG Ferguson Enterprises Inc. | Add +20.9% | 0.19% | +0.03 |
| ORCL Oracle Corp. | Add +11.5% | 1.76% | +0.03 |
| YUMC Yum China Holdings Inc. | Add +1.5% | 0.20% | +0.03 |
| ALC Alcon Inc. | Add +20.0% | 0.07% | +0.02 |
| STVN Stevanato Group SPA | Add +11.7% | 0.11% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +4.9% | 0.14% | +0.01 |
| RELX Relx PLC - Spon ADR | Add +3.0% | 0.05% | +0.01 |
| TCOM Trip.com Group Ltd.-ADR | New | 0.01% | +0.01 |
| ICLR Icon PLC | Add +1.4% | 3.71% | −0.32 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.2% | 6.51% | −0.51 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 55 | $4.5B | TSM, GOOGL, JNJ, V, AMZN |
| Q1 2026 | 52 | $4.6B | TSM, JNJ, GOOGL, MSFT, V |
| Q4 2025 | 55 | $5.6B | TSM, MSFT, GOOGL, V, JNJ |
| Q3 2025 | 60 | $5.6B | TSM, MSFT, LIN, GOOGL, V |
| Q2 2025 | 64 | $5.9B | MSFT, TSM, LIN, V, INTU |
| Q1 2025 | 62 | $5.6B | MSFT, LIN, V, ACN, LLY |
| Q4 2024 | 60 | $6.1B | MSFT, LLY, TSM, ACN, V |
| Q3 2024 | 63 | $7.0B | ACN, LIN, MSFT, LLY, TSM |
| Q2 2024 | 66 | $7.3B | LIN, ACN, MSFT, LLY, ICLR |
| Q1 2024 | 66 | $7.2B | LIN, ACN, MSFT, LLY, ICLR |