Covea Finance

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 19, 2024), Covea Finance reported 106 stock positions worth $2.1 billion. Its top holding was Microsoft (MSFT) at 7.5% of the portfolio, followed by Nvidia (NVDA, 4.5%) and Apple (AAPL, 3.3%). Compared with Q4 2023, it opened 8 new positions, sold out of 11, added to 21 and reduced 54. The biggest buy was a new position in Broadcom (AVGO) and the biggest sale an exit from Deere (DE).

Most Recent 13F
Q2 2026
Location
PARIS, I0
CIK
0001636948
Portfolio Value
$2.1B (Q1 2024)
SEC Filing
0001636948-24-000004 ↗ filed Apr 19, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.1B $2.1B Q1 2024 Q2 2024: $2.2B Q2 2024 Q3 2024: $2.3B Q3 2024 Q4 2024: $2.2B Q4 2024 Q1 2025: $2.2B Q1 2025 Q2 2025: $2.7B Q2 2025 Q3 2025: $2.9B Q3 2025 Q4 2025: $3.0B Q4 2025 Q1 2026: $2.9B Q1 2026 Q2 2026: $3.2B Q2 2026

Holdings 106 stocks · $2.1B
MSFT Microsoft Corp. 7.47% 375,690 $158.1M Reduce -4.1%
NVDA Nvidia Corp. 4.49% 105,202 $95.1M Reduce -10.0%
AAPL Apple Inc. 3.28% 405,562 $69.5M Reduce -2.2%
AMZN Amazon.com Inc. 3.23% 379,039 $68.4M Reduce -4.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 2.64% 456,071 $55.8M Add +25.3%
COST Costco Wholesale Corp. 2.63% 76,117 $55.8M Reduce -7.1%
NFLX Netflix Inc. 2.41% 84,050 $51.0M Reduce -12.2%
WM Waste Management Inc. 2.39% 237,674 $50.7M Add +1.8%
CCJ Cameco Corp. 2.38% 1,162,851 $50.3M Add +8.6%
AVGO Broadcom Inc. 2.37% 37,900 $50.2M New
TMO Thermo Fisher Scientific Inc. 2.33% 84,811 $49.3M Add +22.7%
WMT Walmart Inc. 2.21% 778,530 $46.8M Add +4.7%
HWM Howmet Aerospace Inc. 2.19% 678,150 $46.4M Reduce -2.3%
V Visa Inc. Class A 2.11% 159,881 $44.6M Reduce -4.3%
DHR Danaher Corp. 1.98% 168,103 $42.0M Add +18.4%
ZTS Zoetis Inc. 1.98% 247,527 $41.9M Reduce -1.1%
ABT Abbott Laboratories 1.86% 346,005 $39.3M Reduce -19.2%
ORLY O'reilly Automotive Inc. 1.85% 34,689 $39.2M Reduce -6.4%
HON Honeywell International Inc. 1.67% 171,968 $35.3M Reduce -0.8%
DXCM Dexcom Inc. 1.62% 247,940 $34.4M Reduce -2.4%
ADBE Adobe Inc. 1.61% 67,489 $34.1M Add +11.9%
AWK American Water Works Co. Inc. 1.58% 273,967 $33.5M Reduce -1.6%
ROL Rollins Inc. 1.57% 719,890 $33.3M Reduce -6.8%
ISRG Intuitive Surgical Inc. 1.53% 81,372 $32.5M Reduce -8.7%
LNG Cheniere Energy Inc. 1.45% 191,040 $30.8M Reduce -2.5%
LOW Lowe's Cos Inc. 1.40% 116,682 $29.7M Reduce -3.2%
APH Amphenol Corp. Class A 1.37% 251,352 $29.0M Reduce -17.1%
ROP Roper Technologies Inc. 1.36% 51,182 $28.7M Reduce -28.7%
AME Ametek Inc. 1.34% 155,438 $28.4M Reduce -9.2%
PLD Prologis Inc. 1.29% 210,224 $27.4M Reduce -5.8%
ITT Itt Inc. 1.28% 199,400 $27.1M Add +207.2%
MSI Motorola Solutions Inc. 1.21% 72,290 $25.7M Reduce -25.3%
SRE Sempra 1.19% 349,400 $25.1M No change
NTR Nutrien Ltd. 1.11% 435,280 $23.6M No change
NEE Nextera Energy Inc. 1.10% 362,988 $23.2M Add +26.5%
GOOGL Alphabet Inc. Class A 0.99% 138,315 $20.9M Reduce -12.9%
ENB Enbridge Inc. 0.98% 576,200 $20.8M No change
PH Parker Hannifin Corp. 0.97% 36,795 $20.5M Reduce -17.8%
ZBH Zimmer Biomet Holdings Inc. 0.96% 153,800 $20.3M Add +7.3%
ROK Rockwell Automation Inc. 0.93% 67,523 $19.7M Reduce -40.6%
PG The Procter & Gamble Co. 0.81% 105,300 $17.1M Add +153.7%
GMED Globus Medical Inc. Class A 0.80% 315,400 $16.9M New
WAB Wabtec Corp. 0.77% 111,448 $16.2M Reduce -3.5%
TXN Texas Instruments Inc. 0.77% 93,159 $16.2M Reduce -12.4%
ECL Ecolab Inc. 0.76% 69,603 $16.1M Reduce -4.7%
MDLZ Mondelez International Inc. Class A 0.75% 225,800 $15.8M Add +55.2%
MLM Martin Marietta Materials 0.69% 23,800 $14.6M Reduce -17.4%
ANSS Ansys Inc. 0.69% 41,943 $14.6M Reduce -29.2%
CDNS Cadence Design SYS Inc. 0.67% 45,652 $14.2M Reduce -13.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.66% 138,448 $14.0M Reduce -6.2%
SHW The Sherwin-Williams Co. 0.66% 40,351 $14.0M Reduce -4.3%
ITW Illinois Tool Works 0.64% 50,717 $13.6M Reduce -7.8%
AMD Advanced Micro Devices 0.63% 73,900 $13.3M Reduce -28.5%
KEYS Keysight Technologies Inc. 0.63% 84,707 $13.2M Reduce -51.9%
TRGP Targa Resources Corp. 0.62% 117,700 $13.2M Reduce -2.2%
TDY Teledyne Technologies Inc. 0.54% 26,510 $11.4M Reduce -36.8%
EQIX Equinix Inc. 0.52% 13,240 $10.9M Reduce -11.1%
TSCO Tractor Supply Company 0.51% 41,290 $10.8M Reduce -27.6%
XYL Xylem Inc. 0.49% 80,856 $10.4M Reduce -11.8%
AMT American Tower Corp. 0.49% 52,371 $10.3M Reduce -4.4%
MRVL Marvell Technology Inc. 0.48% 142,064 $10.1M Reduce -3.1%
CW Curtiss-Wright Corp. 0.43% 35,300 $9.0M No change
SBUX Starbucks Corp. 0.41% 94,999 $8.7M Reduce -4.7%
CMS CMS Energy Corp. 0.40% 140,800 $8.5M No change
MAR Marriott International Class A 0.37% 30,860 $7.8M No change
INGR Ingredion Inc. 0.36% 64,400 $7.5M Add +4.0%
VEEV Veeva Systems Inc. Class A 0.34% 31,400 $7.3M No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.32% 44,381 $6.8M Reduce -39.8%
NKE Nike Inc. Class B 0.31% 70,786 $6.7M Reduce -2.6%
LULU Lululemon Athletica Inc. 0.26% 14,290 $5.6M Reduce -17.4%
SMPL The Simply Good Foods Co. 0.25% 154,100 $5.2M Add +170.3%
KO The Coca-Cola Co. 0.23% 81,000 $5.0M Add +45.7%
TSM Taiwan Semiconductor-SP ADR 0.23% 35,511 $4.8M No change
NOW ServiceNow Inc. 0.21% 5,700 $4.3M No change
CAE Cae Inc. 0.20% 202,900 $4.2M No change
COO The Cooper Cos Inc. 0.18% 38,000 $3.9M No change
PTC PTC Inc. 0.18% 20,000 $3.8M Reduce -8.3%
MRK Merck & Co. Inc. 0.17% 27,500 $3.6M New
WTRG Essential Utilities Inc. 0.17% 96,000 $3.6M No change
DAR Darling Ingredients Inc. 0.17% 76,400 $3.6M No change
ATI Ati Inc. 0.16% 68,000 $3.5M Add +3.0%
CHE Chemed Corp. 0.16% 5,300 $3.4M No change
CBOE Cboe Global Markets Inc. 0.16% 18,500 $3.4M No change
WWD Woodward Inc. 0.15% 21,000 $3.2M New
DDOG Datadog Inc. Class A 0.14% 24,600 $3.0M Reduce -23.4%
COHR Coherent Corp. 0.14% 48,000 $2.9M No change
MKTX Marketaxess Holdings Inc. 0.13% 12,800 $2.8M No change
IEX Idex Corp. 0.13% 11,500 $2.8M Reduce -25.8%
VMI Valmont Industries 0.13% 11,900 $2.7M Add +45.1%
DCI Donaldson Co. Inc. 0.13% 36,000 $2.7M Reduce -7.7%
CLH Clean Harbors Inc. 0.12% 12,500 $2.5M Add +25.0%
BC Brunswick Corp. 0.12% 26,000 $2.5M No change
MTSI Macom Technology Solutions H 0.11% 25,000 $2.4M New
EXP Eagle Materials Inc. 0.11% 8,500 $2.3M New
HUBB Hubbell Inc. 0.11% 5,500 $2.3M Reduce -72.5%
CMC Commercial Metals Co. 0.10% 37,000 $2.2M No change
DT Dynatrace Inc. 0.10% 46,500 $2.2M No change
CLF Cleveland-Cliffs Inc. 0.10% 94,000 $2.1M No change
POOL Pool Corp. 0.10% 5,100 $2.1M No change
OSK Oshkosh Corp. 0.10% 16,500 $2.1M Reduce -34.0%
GNTX Gentex Corp. 0.10% 56,000 $2.0M Add +51.4%
CGNX Cognex Corp. 0.09% 45,500 $1.9M Add +22.0%
BSY Bentley Systems Inc. Class B 0.06% 25,000 $1.3M Add +8.7%
BWXT BWX Technologies Inc. 0.06% 12,500 $1.3M New
BRKR Bruker Corp. 0.06% 13,500 $1.3M New
ALGM Allegro Microsystems Inc. 0.06% 45,000 $1.2M No change

Portfolio Sells Q4 2023 → Q1 2024
DE Deere & Co. Sold out 0.00% −1.56
BKR Baker Hughes Co. Sold out 0.00% −1.12
UNH Unitedhealth Group Inc. Sold out 0.00% −1.11
ROK Rockwell Automation Inc. Reduce -40.6% 0.93% −0.79
KEYS Keysight Technologies Inc. Reduce -51.9% 0.63% −0.74
AAPL Apple Inc. Reduce -2.2% 3.28% −0.61
ROP Roper Technologies Inc. Reduce -28.7% 1.36% −0.55
ON On Semiconductor Sold out 0.00% −0.47
ABT Abbott Laboratories Reduce -19.2% 1.86% −0.44
ZTS Zoetis Inc. Reduce -1.1% 1.98% −0.43
TDY Teledyne Technologies Inc. Reduce -36.8% 0.54% −0.37
DG Dollar General Corp. Sold out 0.00% −0.36
ANSS Ansys Inc. Reduce -29.2% 0.69% −0.36
MSI Motorola Solutions Inc. Reduce -25.3% 1.21% −0.27
HUBB Hubbell Inc. Reduce -72.5% 0.11% −0.21
AWK American Water Works Co. Inc. Reduce -1.6% 1.58% −0.21
EL Estee Lauder Companies Class A Reduce -39.8% 0.32% −0.20
LNG Cheniere Energy Inc. Reduce -2.5% 1.45% −0.18
LULU Lululemon Athletica Inc. Reduce -17.4% 0.26% −0.17
PLD Prologis Inc. Reduce -5.8% 1.29% −0.16
PANW Palo Alto Networks Inc. Sold out 0.00% −0.15
TXN Texas Instruments Inc. Reduce -12.4% 0.77% −0.12
AMD Advanced Micro Devices Reduce -28.5% 0.63% −0.11
LFUS Littelfuse Inc. Sold out 0.00% −0.11
HON Honeywell International Inc. Reduce -0.8% 1.67% −0.10
APH Amphenol Corp. Class A Reduce -17.1% 1.37% −0.10
GOOGL Alphabet Inc. Class A Reduce -12.9% 0.99% −0.09
AMT American Tower Corp. Reduce -4.4% 0.49% −0.09
TSCO Tractor Supply Company Reduce -27.6% 0.51% −0.09
AVAV Aerovironment Inc. Sold out 0.00% −0.09
FOXF Fox Factory Holding Corp. Sold out 0.00% −0.09
ROL Rollins Inc. Reduce -6.8% 1.57% −0.07
NKE Nike Inc. Class B Reduce -2.6% 0.31% −0.07
EQIX Equinix Inc. Reduce -11.1% 0.52% −0.07
VLTO Veralto Corp. Sold out 0.00% −0.07
ITW Illinois Tool Works Reduce -7.8% 0.64% −0.06
ZWS Zurn Elkay Water Solutions C Sold out 0.00% −0.06
SBUX Starbucks Corp. Reduce -4.7% 0.41% −0.06
DDOG Datadog Inc. Class A Reduce -23.4% 0.14% −0.05
PH Parker Hannifin Corp. Reduce -17.8% 0.97% −0.04
OSK Oshkosh Corp. Reduce -34.0% 0.10% −0.03
AME Ametek Inc. Reduce -9.2% 1.34% −0.03
IEX Idex Corp. Reduce -25.8% 0.13% −0.03
CDNS Cadence Design SYS Inc. Reduce -13.1% 0.67% −0.03
XYL Xylem Inc. Reduce -11.8% 0.49% −0.02
V Visa Inc. Class A Reduce -4.3% 2.11% −0.01
TJX TJX Companies Inc. Reduce -6.2% 0.66% −0.01
MLM Martin Marietta Materials Reduce -17.4% 0.69% −0.01
PTC PTC Inc. Reduce -8.3% 0.18% −0.01
COST Costco Wholesale Corp. Reduce -7.1% 2.63% −0.00

Portfolio Buys Q4 2023 → Q1 2024
AVGO Broadcom Inc. New 2.37% +2.37
DIS The Walt Disney Co. Add +25.3% 2.64% +1.03
ITT Itt Inc. Add +207.2% 1.28% +0.90
GMED Globus Medical Inc. Class A New 0.80% +0.80
TMO Thermo Fisher Scientific Inc. Add +22.7% 2.33% +0.54
PG The Procter & Gamble Co. Add +153.7% 0.81% +0.51
DHR Danaher Corp. Add +18.4% 1.98% +0.38
WM Waste Management Inc. Add +1.8% 2.39% +0.35
WMT Walmart Inc. Add +4.7% 2.21% +0.31
NEE Nextera Energy Inc. Add +26.5% 1.10% +0.25
MDLZ Mondelez International Inc. Class A Add +55.2% 0.75% +0.23
MRK Merck & Co. Inc. New 0.17% +0.17
WWD Woodward Inc. New 0.15% +0.15
SMPL The Simply Good Foods Co. Add +170.3% 0.25% +0.14
CCJ Cameco Corp. Add +8.6% 2.38% +0.13
MTSI Macom Technology Solutions H New 0.11% +0.11
EXP Eagle Materials Inc. New 0.11% +0.11
ZBH Zimmer Biomet Holdings Inc. Add +7.3% 0.96% +0.11
KO The Coca-Cola Co. Add +45.7% 0.23% +0.07
BWXT BWX Technologies Inc. New 0.06% +0.06
BRKR Bruker Corp. New 0.06% +0.06
GNTX Gentex Corp. Add +51.4% 0.10% +0.04
VMI Valmont Industries Add +45.1% 0.13% +0.04
CLH Clean Harbors Inc. Add +25.0% 0.12% +0.03
INGR Ingredion Inc. Add +4.0% 0.36% +0.03
ATI Ati Inc. Add +3.0% 0.16% +0.02
CGNX Cognex Corp. Add +22.0% 0.09% +0.02
BSY Bentley Systems Inc. Class B Add +8.7% 0.06% +0.00
ADBE Adobe Inc. Add +11.9% 1.61% −0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 153$3.2BGOOGL, AAPL, NVDA, AMZN, MSFT
Q1 2026 146$2.9BMSFT, AAPL, GOOGL, AMZN, NVDA
Q4 2025 128$3.0BMSFT, AAPL, GOOGL, NVDA, AMZN
Q3 2025 122$2.9BMSFT, AAPL, NVDA, GOOGL, AMZN
Q2 2025 119$2.7BMSFT, AAPL, NVDA, GOOGL, AMZN
Q1 2025 114$2.2BAAPL, MSFT, AMZN, V, GOOGL
Q4 2024 106$2.2BMSFT, AAPL, AMZN, NVDA, AVGO
Q3 2024 107$2.3BMSFT, AAPL, AMZN, NVDA, AVGO
Q2 2024 105$2.2BMSFT, NVDA, AMZN, AAPL, NFLX
Q1 2024 106$2.1BMSFT, NVDA, AAPL, AMZN, DIS