Comgest Global Investors S.A.S.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Comgest Global Investors S.A.S. reported 60 stock positions worth $5.6 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 10.5% of the portfolio, followed by Microsoft (MSFT, 9.8%) and Linde (LIN, 7.3%). Compared with Q2 2025, it opened 3 new positions, sold out of 7, added to 20 and reduced 33. The biggest buy was American Express (AXP, shares +616%) and the biggest sale an exit from Icon (ICLR).
- Most Recent 13F
- Q2 2026
- Location
- Paris, I0
- CIK
- 0001574947
- Portfolio Value
- $5.6B (Q3 2025)
- SEC Filing
- 0001172661-25-004640 ↗ filed Nov 7, 2025
Holdings Value
Holdings 60 stocks · $5.6B
| TSM Taiwan Semiconductor-SP ADR | 10.50% | 2,121,630 | $592.6M | Reduce -4.6% |
| MSFT Microsoft Corp. | 9.85% | 1,073,113 | $555.8M | Reduce -2.6% |
| LIN Linde PLC | 7.33% | 870,459 | $413.5M | Reduce -1.2% |
| GOOGL Alphabet Inc. Class A | 6.96% | 1,616,983 | $393.1M | Reduce -9.3% |
| V Visa Inc. Class A | 6.46% | 1,068,806 | $364.9M | Reduce -1.5% |
| JNJ Johnson & Johnson | 5.97% | 1,818,700 | $337.2M | Reduce -12.1% |
| AMZN Amazon.com Inc. | 5.53% | 1,420,315 | $311.9M | Add +3.9% |
| INTU Intuit Inc. | 5.48% | 452,683 | $309.1M | Reduce -0.6% |
| SPGI S&P Global Inc. | 3.91% | 453,999 | $221.0M | Add +1.4% |
| ZTS Zoetis Inc. | 3.77% | 1,453,966 | $212.7M | Add +2.6% |
| LLY Eli Lilly & Co. | 3.68% | 272,406 | $207.8M | Reduce -24.6% |
| ADI Analog Devices Inc. | 2.82% | 647,932 | $159.2M | Reduce -0.3% |
| IDXX Idexx Laboratories Inc. | 2.76% | 244,222 | $156.0M | Add +0.1% |
| ORCL Oracle Corp. | 2.64% | 530,791 | $149.3M | Reduce -9.4% |
| CPRT Copart Inc. | 2.54% | 3,181,919 | $143.1M | Add +7.2% |
| VRSK Verisk Analytics Inc. | 2.30% | 515,378 | $129.6M | Reduce -1.5% |
| COST Costco Wholesale Corp. | 2.09% | 127,470 | $118.0M | Reduce -6.8% |
| ACN Accenture PLC Class A | 1.85% | 424,381 | $104.7M | Reduce -51.2% |
| AXP American Express Co. | 1.58% | 269,256 | $89.4M | Add +616.0% |
| MELI MercadoLibre Inc. | 1.37% | 32,988 | $77.1M | Reduce -9.4% |
| AAPL Apple Inc. | 1.25% | 276,640 | $70.4M | Add +2.5% |
| VMC Vulcan Materials Co. | 0.92% | 168,653 | $51.9M | Add +5.0% |
| META Meta Platforms Inc. Class A | 0.88% | 67,783 | $49.8M | Reduce -7.8% |
| NVDA Nvidia Corp. | 0.85% | 257,397 | $48.0M | Add +253.2% |
| MMYT Makemytrip Ltd. | 0.78% | 468,197 | $43.8M | Add +9.8% |
| SCI Service Corp. International | 0.76% | 516,172 | $43.0M | Add +6.3% |
| SYK Stryker Corp. | 0.65% | 98,944 | $36.6M | Add +16.2% |
| CTAS Cintas Corp. | 0.57% | 156,085 | $32.0M | Reduce -8.7% |
| MA Mastercard Inc. Class A | 0.35% | 34,766 | $19.8M | Add +24.6% |
| HDB HDFC Bank Ltd.-ADR | 0.33% | 541,683 | $18.5M | Reduce -7.5% |
| FMX Fomento Economico Mex-SP ADR | 0.31% | 175,517 | $17.3M | Reduce -39.4% |
| FERG Ferguson Enterprises Inc. | 0.27% | 68,883 | $15.5M | Add +8.0% |
| UBER Uber Technologies Inc. | 0.25% | 144,696 | $14.2M | Add +69.4% |
| NFLX Netflix Inc. | 0.24% | 11,459 | $13.7M | Add +10.2% |
| AVY Avery Dennison Corp. | 0.19% | 66,674 | $10.8M | Reduce -58.8% |
| FAST Fastenal Co. | 0.18% | 212,092 | $10.4M | Add +1.5% |
| YUMC Yum China Holdings Inc. | 0.16% | 214,614 | $9.2M | Add +5.5% |
| MSI Motorola Solutions Inc. | 0.16% | 19,226 | $8.8M | New |
| GLOB Globant SA | 0.15% | 146,366 | $8.4M | Reduce -16.4% |
| STVN Stevanato Group SPA | 0.15% | 324,284 | $8.4M | No change |
| PDD PDD Holdings Inc. | 0.13% | 56,509 | $7.5M | Add +10.9% |
| BDX Becton Dickinson and Co. | 0.13% | 39,508 | $7.4M | Reduce -5.8% |
| TME Tencent Music Entertainm-ADR | 0.13% | 303,088 | $7.1M | No change |
| MSCI MSCI Inc. | 0.12% | 11,672 | $6.6M | New |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.10% | 40,043 | $5.4M | Reduce -68.1% |
| AON Aon PLC Class A | 0.08% | 13,100 | $4.7M | New |
| SPOT Spotify Technology SA | 0.07% | 5,280 | $3.7M | Reduce -52.1% |
| ISRG Intuitive Surgical Inc. | 0.07% | 8,211 | $3.7M | Reduce -43.6% |
| BZ Kanzhun Ltd. - ADR | 0.06% | 154,837 | $3.6M | Add +209.7% |
| WMT Walmart Inc. | 0.06% | 31,531 | $3.2M | No change |
| ASML ASML Holding NV-NY Reg SHS | 0.05% | 2,929 | $2.8M | Reduce -45.2% |
| MDT Medtronic PLC | 0.04% | 23,384 | $2.2M | Reduce -36.2% |
| CSCO Cisco Systems Inc. | 0.04% | 31,632 | $2.2M | Reduce -13.6% |
| RELX Relx PLC - Spon ADR | 0.03% | 39,893 | $1.9M | Reduce -30.0% |
| ALC Alcon Inc. filed as ALCON AG | 0.03% | 20,432 | $1.5M | Reduce -47.1% |
| INFY Infosys Ltd.-SP ADR | 0.02% | 61,229 | $996K | Reduce -37.5% |
| TCOM Trip.com Group Ltd.-ADR | 0.02% | 12,309 | $926K | No change |
| CTSH Cognizant Tech Solutions-A | 0.02% | 12,881 | $864K | Reduce -18.3% |
| RACE Ferrari NV | 0.01% | 1,713 | $831K | Reduce -30.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.01% | 14,961 | $830K | Reduce -63.3% |
Portfolio Sells Q2 2025 → Q3 2025
| ICLR Icon PLC | Sold out | 0.00% | −2.64 |
| ACN Accenture PLC Class A | Reduce -51.2% | 1.85% | −2.58 |
| LLY Eli Lilly & Co. | Reduce -24.6% | 3.68% | −1.13 |
| INTU Intuit Inc. | Reduce -0.6% | 5.48% | −0.64 |
| VRSK Verisk Analytics Inc. | Reduce -1.5% | 2.30% | −0.48 |
| AVY Avery Dennison Corp. | Reduce -58.8% | 0.19% | −0.29 |
| OTIS Otis Worldwide Corp. | Sold out | 0.00% | −0.28 |
| MELI MercadoLibre Inc. | Reduce -9.4% | 1.37% | −0.26 |
| COST Costco Wholesale Corp. | Reduce -6.8% | 2.09% | −0.22 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -68.1% | 0.10% | −0.21 |
| FMX Fomento Economico Mex-SP ADR | Reduce -39.4% | 0.31% | −0.20 |
| KSPI JSC Kaspi.kz ADR | Sold out | 0.00% | −0.19 |
| GLOB Globant SA | Reduce -16.4% | 0.15% | −0.12 |
| V Visa Inc. Class A | Reduce -1.5% | 6.46% | −0.11 |
| CTAS Cintas Corp. | Reduce -8.7% | 0.57% | −0.08 |
| SPOT Spotify Technology SA | Reduce -52.1% | 0.07% | −0.08 |
| ISRG Intuitive Surgical Inc. | Reduce -43.6% | 0.07% | −0.07 |
| HDB HDFC Bank Ltd.-ADR | Reduce -7.5% | 0.33% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -7.8% | 0.88% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -63.3% | 0.01% | −0.03 |
| ALC Alcon Inc. | Reduce -47.1% | 0.03% | −0.03 |
| VIPS Vipshop Holdings Ltd. - ADR | Sold out | 0.00% | −0.03 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -45.2% | 0.05% | −0.02 |
| RELX Relx PLC - Spon ADR | Reduce -30.0% | 0.03% | −0.02 |
| MTD Mettler-Toledo International | Sold out | 0.00% | −0.02 |
| MDT Medtronic PLC | Reduce -36.2% | 0.04% | −0.02 |
| INFY Infosys Ltd.-SP ADR | Reduce -37.5% | 0.02% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.01 |
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −0.01 |
| RACE Ferrari NV | Reduce -30.0% | 0.01% | −0.01 |
| CTSH Cognizant Tech Solutions-A | Reduce -18.3% | 0.02% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -13.6% | 0.04% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -5.8% | 0.13% | +0.01 |
| ADI Analog Devices Inc. | Reduce -0.3% | 2.82% | +0.18 |
| LIN Linde PLC | Reduce -1.2% | 7.33% | +0.27 |
| ORCL Oracle Corp. | Reduce -9.4% | 2.64% | +0.46 |
| MSFT Microsoft Corp. | Reduce -2.6% | 9.85% | +0.49 |
| JNJ Johnson & Johnson | Reduce -12.1% | 5.97% | +0.58 |
| GOOGL Alphabet Inc. Class A | Reduce -9.3% | 6.96% | +1.60 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -4.6% | 10.50% | +1.90 |
Portfolio Buys Q2 2025 → Q3 2025
| AXP American Express Co. | Add +616.0% | 1.58% | +1.38 |
| NVDA Nvidia Corp. | Add +253.2% | 0.85% | +0.65 |
| IDXX Idexx Laboratories Inc. | Add +0.1% | 2.76% | +0.53 |
| AMZN Amazon.com Inc. | Add +3.9% | 5.53% | +0.41 |
| AAPL Apple Inc. | Add +2.5% | 1.25% | +0.30 |
| VMC Vulcan Materials Co. | Add +5.0% | 0.92% | +0.20 |
| MSI Motorola Solutions Inc. | New | 0.16% | +0.16 |
| MSCI MSCI Inc. | New | 0.12% | +0.12 |
| UBER Uber Technologies Inc. | Add +69.4% | 0.25% | +0.12 |
| SCI Service Corp. International | Add +6.3% | 0.76% | +0.09 |
| MA Mastercard Inc. Class A | Add +24.6% | 0.35% | +0.08 |
| AON Aon PLC Class A | New | 0.08% | +0.08 |
| SYK Stryker Corp. | Add +16.2% | 0.65% | +0.07 |
| MMYT Makemytrip Ltd. | Add +9.8% | 0.78% | +0.06 |
| CPRT Copart Inc. | Add +7.2% | 2.54% | +0.05 |
| BZ Kanzhun Ltd. - ADR | Add +209.7% | 0.06% | +0.05 |
| PDD PDD Holdings Inc. | Add +10.9% | 0.13% | +0.04 |
| FERG Ferguson Enterprises Inc. | Add +8.0% | 0.27% | +0.04 |
| FAST Fastenal Co. | Add +1.5% | 0.18% | +0.03 |
| YUMC Yum China Holdings Inc. | Add +5.5% | 0.16% | +0.01 |
| NFLX Netflix Inc. | Add +10.2% | 0.24% | +0.01 |
| ZTS Zoetis Inc. | Add +2.6% | 3.77% | −0.00 |
| SPGI S&P Global Inc. | Add +1.4% | 3.91% | −0.11 |
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 |