Comgest Global Investors S.A.S.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Comgest Global Investors S.A.S. reported 55 stock positions worth $5.6 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 9.3% of the portfolio, followed by Microsoft (MSFT, 8.9%) and Alphabet Class A (GOOGL, 8.0%). Compared with Q3 2025, it opened 3 new positions, sold out of 8, added to 23 and reduced 29. The biggest buy was Aon Class A (AON, shares +1860%) and the biggest sale Linde (LIN, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- Paris, I0
- CIK
- 0001574947
- Portfolio Value
- $5.6B (Q4 2025)
- SEC Filing
- 0001172661-26-000698 ↗ filed Feb 12, 2026
Holdings Value
Holdings 55 stocks · $5.6B
| TSM Taiwan Semiconductor-SP ADR | 9.31% | 1,719,123 | $522.4M | Reduce -19.0% |
| MSFT Microsoft Corp. | 8.92% | 1,035,423 | $500.8M | Reduce -3.5% |
| GOOGL Alphabet Inc. Class A | 8.00% | 1,433,606 | $448.7M | Reduce -11.3% |
| V Visa Inc. Class A | 6.37% | 1,019,690 | $357.6M | Reduce -4.6% |
| JNJ Johnson & Johnson | 6.10% | 1,653,933 | $342.3M | Reduce -9.1% |
| AMZN Amazon.com Inc. | 5.66% | 1,376,741 | $317.8M | Reduce -3.1% |
| INTU Intuit Inc. | 5.22% | 442,234 | $292.9M | Reduce -2.3% |
| LIN Linde PLC | 4.71% | 619,478 | $264.1M | Reduce -28.8% |
| SPGI S&P Global Inc. | 4.23% | 454,062 | $237.3M | Add +0.0% |
| LLY Eli Lilly & Co. | 4.01% | 209,255 | $224.9M | Reduce -23.2% |
| ZTS Zoetis Inc. | 3.12% | 1,392,688 | $175.2M | Reduce -4.2% |
| VRSK Verisk Analytics Inc. | 2.77% | 694,121 | $155.3M | Add +34.7% |
| ORCL Oracle Corp. | 2.74% | 787,749 | $153.5M | Add +48.4% |
| IDXX Idexx Laboratories Inc. | 2.50% | 207,077 | $140.1M | Reduce -15.2% |
| CPRT Copart Inc. | 2.16% | 3,095,428 | $121.2M | Reduce -2.7% |
| ADI Analog Devices Inc. | 2.14% | 442,208 | $119.9M | Reduce -31.8% |
| AXP American Express Co. | 1.93% | 292,255 | $108.1M | Add +8.5% |
| ACN Accenture PLC Class A | 1.89% | 394,242 | $105.8M | Reduce -7.1% |
| COST Costco Wholesale Corp. | 1.79% | 116,729 | $100.7M | Reduce -8.4% |
| AON Aon PLC Class A | 1.61% | 256,800 | $90.6M | Add +1860.3% |
| CTAS Cintas Corp. | 1.54% | 460,507 | $86.6M | Add +195.0% |
| MELI MercadoLibre Inc. | 1.39% | 38,779 | $78.1M | Add +17.6% |
| UBER Uber Technologies Inc. | 1.29% | 888,096 | $72.6M | Add +513.8% |
| NVDA Nvidia Corp. | 1.22% | 366,383 | $68.3M | Add +42.3% |
| AAPL Apple Inc. | 1.16% | 238,418 | $64.8M | Reduce -13.8% |
| SPOT Spotify Technology SA | 0.95% | 92,219 | $53.6M | Add +1646.6% |
| VMC Vulcan Materials Co. | 0.82% | 162,025 | $46.2M | Reduce -3.9% |
| SYK Stryker Corp. | 0.75% | 119,236 | $41.9M | Add +20.5% |
| NFLX Netflix Inc. | 0.74% | 445,819 | $41.8M | Add +289.1% |
| MMYT Makemytrip Ltd. | 0.71% | 484,093 | $39.8M | Add +3.4% |
| SCI Service Corp. International | 0.70% | 507,372 | $39.6M | Reduce -1.7% |
| META Meta Platforms Inc. Class A | 0.65% | 55,383 | $36.6M | Reduce -18.3% |
| MA Mastercard Inc. Class A | 0.45% | 44,370 | $25.3M | Add +27.6% |
| HDB HDFC Bank Ltd.-ADR | 0.33% | 502,014 | $18.3M | Reduce -7.3% |
| FERG Ferguson Enterprises Inc. | 0.28% | 71,672 | $16.0M | Add +4.0% |
| FAST Fastenal Co. | 0.19% | 271,019 | $10.9M | Add +27.8% |
| MSCI MSCI Inc. | 0.19% | 18,172 | $10.4M | Add +55.7% |
| GLOB Globant SA | 0.17% | 147,373 | $9.6M | Add +0.7% |
| YUMC Yum China Holdings Inc. | 0.16% | 192,820 | $9.2M | Reduce -10.2% |
| MSI Motorola Solutions Inc. | 0.16% | 23,085 | $8.8M | Add +20.1% |
| BDX Becton Dickinson and Co. | 0.15% | 44,146 | $8.6M | Add +11.7% |
| STVN Stevanato Group SPA | 0.12% | 331,673 | $6.7M | Add +2.3% |
| PDD PDD Holdings Inc. | 0.11% | 55,752 | $6.3M | Reduce -1.3% |
| BZ Kanzhun Ltd. - ADR | 0.11% | 291,516 | $5.9M | Add +88.3% |
| HLT Hilton Worldwide Holdings Inc. | 0.10% | 18,600 | $5.3M | New |
| ISRG Intuitive Surgical Inc. | 0.08% | 8,331 | $4.7M | Add +1.5% |
| URI United Rentals Inc. | 0.08% | 5,633 | $4.6M | New |
| AVY Avery Dennison Corp. | 0.04% | 13,039 | $2.4M | Reduce -80.4% |
| WMT Walmart Inc. | 0.04% | 20,263 | $2.3M | Reduce -35.7% |
| TME Tencent Music Entertainm-ADR | 0.04% | 123,581 | $2.2M | Reduce -59.2% |
| DHR Danaher Corp. | 0.02% | 5,963 | $1.4M | New |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.02% | 5,406 | $1.1M | Reduce -86.5% |
| CTSH Cognizant Tech Solutions-A | 0.02% | 12,299 | $1.0M | Reduce -4.5% |
| TCOM Trip.com Group Ltd.-ADR | 0.01% | 11,137 | $801K | Reduce -9.5% |
| MDT Medtronic PLC | 0.01% | 4,684 | $450K | Reduce -80.0% |
Portfolio Sells Q3 2025 → Q4 2025
| LIN Linde PLC | Reduce -28.8% | 4.71% | −2.62 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -19.0% | 9.31% | −1.19 |
| MSFT Microsoft Corp. | Reduce -3.5% | 8.92% | −0.92 |
| ADI Analog Devices Inc. | Reduce -31.8% | 2.14% | −0.68 |
| ZTS Zoetis Inc. | Reduce -4.2% | 3.12% | −0.65 |
| CPRT Copart Inc. | Reduce -2.7% | 2.16% | −0.38 |
| FMX Fomento Economico Mex-SP ADR | Sold out | 0.00% | −0.31 |
| COST Costco Wholesale Corp. | Reduce -8.4% | 1.79% | −0.30 |
| IDXX Idexx Laboratories Inc. | Reduce -15.2% | 2.50% | −0.27 |
| INTU Intuit Inc. | Reduce -2.3% | 5.22% | −0.26 |
| META Meta Platforms Inc. Class A | Reduce -18.3% | 0.65% | −0.23 |
| AVY Avery Dennison Corp. | Reduce -80.4% | 0.04% | −0.15 |
| VMC Vulcan Materials Co. | Reduce -3.9% | 0.82% | −0.10 |
| AAPL Apple Inc. | Reduce -13.8% | 1.16% | −0.09 |
| V Visa Inc. Class A | Reduce -4.6% | 6.37% | −0.09 |
| TME Tencent Music Entertainm-ADR | Reduce -59.2% | 0.04% | −0.09 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -86.5% | 0.02% | −0.08 |
| SCI Service Corp. International | Reduce -1.7% | 0.70% | −0.06 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.05 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.04 |
| RELX Relx PLC - Spon ADR | Sold out | 0.00% | −0.03 |
| MDT Medtronic PLC | Reduce -80.0% | 0.01% | −0.03 |
| ALC Alcon Inc. | Sold out | 0.00% | −0.03 |
| PDD PDD Holdings Inc. | Reduce -1.3% | 0.11% | −0.02 |
| INFY Infosys Ltd.-SP ADR | Sold out | 0.00% | −0.02 |
| WMT Walmart Inc. | Reduce -35.7% | 0.04% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.01 |
| RACE Ferrari NV | Sold out | 0.00% | −0.01 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -9.5% | 0.01% | −0.00 |
| HDB HDFC Bank Ltd.-ADR | Reduce -7.3% | 0.33% | −0.00 |
| YUMC Yum China Holdings Inc. | Reduce -10.2% | 0.16% | +0.00 |
| CTSH Cognizant Tech Solutions-A | Reduce -4.5% | 0.02% | +0.00 |
| ACN Accenture PLC Class A | Reduce -7.1% | 1.89% | +0.03 |
| JNJ Johnson & Johnson | Reduce -9.1% | 6.10% | +0.13 |
| AMZN Amazon.com Inc. | Reduce -3.1% | 5.66% | +0.14 |
| LLY Eli Lilly & Co. | Reduce -23.2% | 4.01% | +0.33 |
| GOOGL Alphabet Inc. Class A | Reduce -11.3% | 8.00% | +1.03 |
Portfolio Buys Q3 2025 → Q4 2025
| AON Aon PLC Class A | Add +1860.3% | 1.61% | +1.53 |
| UBER Uber Technologies Inc. | Add +513.8% | 1.29% | +1.04 |
| CTAS Cintas Corp. | Add +195.0% | 1.54% | +0.98 |
| SPOT Spotify Technology SA | Add +1646.6% | 0.95% | +0.89 |
| NFLX Netflix Inc. | Add +289.1% | 0.74% | +0.50 |
| VRSK Verisk Analytics Inc. | Add +34.7% | 2.77% | +0.47 |
| NVDA Nvidia Corp. | Add +42.3% | 1.22% | +0.37 |
| AXP American Express Co. | Add +8.5% | 1.93% | +0.34 |
| SPGI S&P Global Inc. | Add +0.0% | 4.23% | +0.31 |
| MA Mastercard Inc. Class A | Add +27.6% | 0.45% | +0.10 |
| SYK Stryker Corp. | Add +20.5% | 0.75% | +0.10 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.10% | +0.10 |
| ORCL Oracle Corp. | Add +48.4% | 2.74% | +0.09 |
| URI United Rentals Inc. | New | 0.08% | +0.08 |
| MSCI MSCI Inc. | Add +55.7% | 0.19% | +0.07 |
| BZ Kanzhun Ltd. - ADR | Add +88.3% | 0.11% | +0.04 |
| MELI MercadoLibre Inc. | Add +17.6% | 1.39% | +0.03 |
| DHR Danaher Corp. | New | 0.02% | +0.02 |
| GLOB Globant SA | Add +0.7% | 0.17% | +0.02 |
| BDX Becton Dickinson and Co. | Add +11.7% | 0.15% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +1.5% | 0.08% | +0.02 |
| FERG Ferguson Enterprises Inc. | Add +4.0% | 0.28% | +0.01 |
| FAST Fastenal Co. | Add +27.8% | 0.19% | +0.01 |
| MSI Motorola Solutions Inc. | Add +20.1% | 0.16% | +0.00 |
| STVN Stevanato Group SPA | Add +2.3% | 0.12% | −0.03 |
| MMYT Makemytrip Ltd. | Add +3.4% | 0.71% | −0.07 |
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 |