Covea Finance

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 10, 2024), Covea Finance reported 107 stock positions worth $2.3 billion. Its top holding was Microsoft (MSFT) at 6.8% of the portfolio, followed by Apple (AAPL, 4.8%) and Amazon.com (AMZN, 4.0%). Compared with Q2 2024, it opened 7 new positions, sold out of 5, added to 34 and reduced 39. The biggest buy was ServiceNow (NOW, shares +583%) and the biggest sale Nvidia (NVDA, shares −28%).

Most Recent 13F
Q2 2026
Location
PARIS, I0
CIK
0001636948
Portfolio Value
$2.3B (Q3 2024)
SEC Filing
0001636948-24-000011 ↗ filed Oct 10, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.1B Q1 2024 Q2 2024: $2.2B Q2 2024 Q3 2024: $2.3B $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 107 stocks · $2.3B
MSFT Microsoft Corp. 6.77% 358,562 $154.3M Reduce -4.5%
AAPL Apple Inc. 4.83% 472,482 $110.1M Add +3.4%
AMZN Amazon.com Inc. 4.05% 495,258 $92.3M Reduce -2.3%
NVDA Nvidia Corp. 3.84% 721,717 $87.6M Reduce -27.6%
AVGO Broadcom Inc. 2.88% 380,700 $65.7M Reduce -1.0%
TMO Thermo Fisher Scientific Inc. 2.84% 104,611 $64.7M Add +17.4%
WMT Walmart Inc. 2.75% 776,450 $62.7M Reduce -9.6%
LOW Lowe's Cos Inc. 2.65% 223,082 $60.4M Add +86.1%
NFLX Netflix Inc. 2.46% 79,120 $56.1M Reduce -16.9%
AWK American Water Works Co. Inc. 2.46% 383,167 $56.0M Add +39.9%
CCJ Cameco Corp. 2.42% 1,153,551 $55.1M Add +4.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 2.39% 566,016 $54.4M Add +1.0%
ZTS Zoetis Inc. 2.20% 256,444 $50.1M Add +23.6%
WM Waste Management Inc. 2.15% 235,655 $48.9M Reduce -2.3%
COST Costco Wholesale Corp. 2.07% 53,160 $47.1M Reduce -26.0%
V Visa Inc. Class A 1.96% 162,421 $44.7M No change
NOW ServiceNow Inc. 1.93% 49,200 $44.0M Add +583.3%
HUBB Hubbell Inc. 1.86% 99,200 $42.5M Add +187.5%
ADBE Adobe Inc. 1.68% 73,889 $38.3M Add +7.7%
ITT Itt Inc. 1.67% 254,800 $38.1M Add +18.7%
HWM Howmet Aerospace Inc. 1.64% 373,250 $37.4M Reduce -24.7%
ROL Rollins Inc. 1.45% 655,351 $33.1M Reduce -8.4%
MSI Motorola Solutions Inc. 1.41% 71,630 $32.2M Reduce -3.1%
MKC McCormick & Co.-Non VTG SHRS 1.39% 385,660 $31.7M New
NKE Nike Inc. Class B 1.35% 348,536 $30.8M Reduce -11.5%
ISRG Intuitive Surgical Inc. 1.33% 61,600 $30.3M Reduce -22.9%
SRE Sempra 1.32% 359,135 $30.0M No change
AMD Advanced Micro Devices 1.29% 179,203 $29.4M Add +36.1%
APH Amphenol Corp. Class A 1.20% 419,990 $27.4M Reduce -12.5%
ENB Enbridge Inc. 1.03% 576,200 $23.4M No change
WAB Wabtec Corp. 1.02% 127,948 $23.3M Add +18.2%
GOOGL Alphabet Inc. Class A 1.01% 138,315 $22.9M No change
GMED Globus Medical Inc. Class A 0.95% 304,000 $21.7M Reduce -3.5%
PH Parker Hannifin Corp. 0.92% 33,346 $21.1M Reduce -5.7%
AME Ametek Inc. 0.91% 121,123 $20.8M Reduce -24.5%
HON Honeywell International Inc. 0.90% 98,798 $20.4M Reduce -45.4%
CLH Clean Harbors Inc. 0.89% 84,300 $20.4M Reduce -2.1%
MDLZ Mondelez International Inc. Class A 0.87% 269,770 $19.9M Add +15.0%
DHR Danaher Corp. 0.84% 69,156 $19.2M Reduce -59.6%
ZBH Zimmer Biomet Holdings Inc. 0.84% 177,410 $19.2M No change
LNG Cheniere Energy Inc. 0.81% 102,200 $18.4M No change
PG The Procter & Gamble Co. 0.74% 96,970 $16.8M Reduce -22.6%
MLM Martin Marietta Materials 0.71% 30,190 $16.2M Add +19.9%
ECL Ecolab Inc. 0.69% 61,495 $15.7M Reduce -11.7%
DXCM Dexcom Inc. 0.68% 231,810 $15.5M Reduce -8.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.67% 130,528 $15.3M Reduce -5.7%
BWXT BWX Technologies Inc. 0.65% 135,300 $14.7M Add +2.5%
SHW The Sherwin-Williams Co. 0.64% 38,297 $14.6M No change
TSCO Tractor Supply Company 0.62% 48,490 $14.1M Add +17.4%
ORLY O'reilly Automotive Inc. 0.60% 11,960 $13.8M Reduce -60.8%
BDX Becton Dickinson and Co. 0.59% 55,325 $13.3M Add +174.2%
CMS CMS Energy Corp. 0.57% 184,300 $13.0M Add +41.9%
ROP Roper Technologies Inc. 0.55% 22,341 $12.4M Reduce -55.3%
FNV Franco-Nevada Corp. 0.54% 98,620 $12.3M New
TRGP Targa Resources Corp. 0.54% 82,640 $12.2M Reduce -16.6%
AMT American Tower Corp. 0.53% 52,371 $12.2M No change
ITW Illinois Tool Works 0.53% 46,045 $12.1M Reduce -1.5%
ABT Abbott Laboratories 0.53% 105,554 $12.0M No change
TXN Texas Instruments Inc. 0.53% 57,950 $12.0M Add +19.6%
CDNS Cadence Design SYS Inc. 0.52% 43,598 $11.8M Reduce -4.5%
EQIX Equinix Inc. 0.49% 12,608 $11.2M Reduce -4.8%
NEE Nextera Energy Inc. 0.47% 126,862 $10.7M No change
XYL Xylem Inc. 0.45% 76,686 $10.4M Reduce -1.7%
MRVL Marvell Technology Inc. 0.44% 138,725 $10.0M Reduce -2.4%
CW Curtiss-Wright Corp. 0.43% 29,500 $9.7M Reduce -3.3%
SBUX Starbucks Corp. 0.41% 94,999 $9.3M No change
ROK Rockwell Automation Inc. 0.40% 33,923 $9.1M No change
MAR Marriott International Class A 0.39% 35,640 $8.9M No change
INGR Ingredion Inc. 0.35% 58,200 $8.0M Reduce -8.5%
TDY Teledyne Technologies Inc. 0.33% 17,100 $7.5M Add +6.2%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.32% 68,750 $7.2M New
KEYS Keysight Technologies Inc. 0.26% 37,988 $6.0M No change
KO The Coca-Cola Co. 0.26% 81,000 $5.8M No change
SMPL The Simply Good Foods Co. 0.25% 166,600 $5.8M Add +8.1%
MRK Merck & Co. Inc. 0.24% 48,000 $5.5M No change
BMRN Biomarin Pharmaceutical Inc. 0.24% 77,100 $5.4M Add +328.3%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.19% 44,381 $4.4M No change
VRT Vertiv Holdings Co. Class A 0.17% 38,900 $3.9M New
WWD Woodward Inc. 0.17% 22,500 $3.9M Add +18.4%
COHR Coherent Corp. 0.17% 43,000 $3.8M Reduce -10.4%
CAE Cae Inc. 0.17% 202,900 $3.8M No change
CHE Chemed Corp. 0.16% 6,000 $3.6M Reduce -7.7%
COO The Cooper Cos Inc. 0.15% 32,000 $3.5M Add +33.3%
MKTX Marketaxess Holdings Inc. 0.15% 13,700 $3.5M Add +149.1%
WTRG Essential Utilities Inc. 0.15% 90,000 $3.5M Add +36.4%
VMI Valmont Industries 0.15% 11,700 $3.4M No change
DDOG Datadog Inc. Class A 0.15% 29,400 $3.4M Add +44.8%
ATI Ati Inc. 0.14% 49,000 $3.3M No change
EXP Eagle Materials Inc. 0.14% 11,200 $3.2M Add +12.0%
MTSI Macom Technology Solutions H 0.12% 25,000 $2.8M No change
PTC PTC Inc. 0.12% 15,300 $2.8M Reduce -20.7%
CMC Commercial Metals Co. 0.10% 43,000 $2.4M Add +16.2%
DCI Donaldson Co. Inc. 0.10% 32,000 $2.4M No change
CBOE Cboe Global Markets Inc. 0.10% 11,300 $2.3M Reduce -38.9%
NTR Nutrien Ltd. 0.10% 45,600 $2.2M Reduce -89.8%
DT Dynatrace Inc. 0.10% 40,500 $2.2M Add +22.7%
GNTX Gentex Corp. 0.09% 70,000 $2.1M No change
DAR Darling Ingredients Inc. 0.09% 55,000 $2.0M No change
CGNX Cognex Corp. 0.08% 47,500 $1.9M Add +25.0%
IEX Idex Corp. 0.08% 8,500 $1.8M No change
SKX Skechers USA Inc. Class A 0.08% 26,000 $1.7M New
OSK Oshkosh Corp. 0.07% 16,500 $1.7M No change
COTY Coty Inc. Class A 0.07% 175,000 $1.6M Add +52.2%
BRKR Bruker Corp. 0.07% 22,700 $1.6M New
TFX Teleflex Inc. 0.07% 6,200 $1.5M New
AMKR Amkor Technology Inc. 0.06% 42,500 $1.3M Add +32.8%
BSY Bentley Systems Inc. Class B 0.06% 25,000 $1.3M No change

Portfolio Sells Q2 2024 → Q3 2024
NVDA Nvidia Corp. Reduce -27.6% 3.84% −1.80
DHR Danaher Corp. Reduce -59.6% 0.84% −1.12
NTR Nutrien Ltd. Reduce -89.8% 0.10% −0.94
MSFT Microsoft Corp. Reduce -4.5% 6.77% −0.92
HON Honeywell International Inc. Reduce -45.4% 0.90% −0.87
ORLY O'reilly Automotive Inc. Reduce -60.8% 0.60% −0.87
ROP Roper Technologies Inc. Reduce -55.3% 0.55% −0.74
COST Costco Wholesale Corp. Reduce -26.0% 2.07% −0.73
DXCM Dexcom Inc. Reduce -8.6% 0.68% −0.64
NFLX Netflix Inc. Reduce -16.9% 2.46% −0.48
AMZN Amazon.com Inc. Reduce -2.3% 4.05% −0.44
AME Ametek Inc. Reduce -24.5% 0.91% −0.31
ISRG Intuitive Surgical Inc. Reduce -22.9% 1.33% −0.30
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −0.28
APH Amphenol Corp. Class A Reduce -12.5% 1.20% −0.28
VEEV Veeva Systems Inc. Class A Sold out 0.00% −0.26
WM Waste Management Inc. Reduce -2.3% 2.15% −0.21
PG The Procter & Gamble Co. Reduce -22.6% 0.74% −0.21
ANSS Ansys Inc. Sold out 0.00% −0.15
ROL Rollins Inc. Reduce -8.4% 1.45% −0.15
CDNS Cadence Design SYS Inc. Reduce -4.5% 0.52% −0.13
HWM Howmet Aerospace Inc. Reduce -24.7% 1.64% −0.12
BC Brunswick Corp. Sold out 0.00% −0.09
ECL Ecolab Inc. Reduce -11.7% 0.69% −0.07
ALGM Allegro Microsystems Inc. Sold out 0.00% −0.06
TRGP Targa Resources Corp. Reduce -16.6% 0.54% −0.05
CBOE Cboe Global Markets Inc. Reduce -38.9% 0.10% −0.04
PTC PTC Inc. Reduce -20.7% 0.12% −0.04
GMED Globus Medical Inc. Class A Reduce -3.5% 0.95% −0.03
XYL Xylem Inc. Reduce -1.7% 0.45% −0.03
TJX TJX Companies Inc. Reduce -5.7% 0.67% −0.03
MRVL Marvell Technology Inc. Reduce -2.4% 0.44% −0.02
NKE Nike Inc. Class B Reduce -11.5% 1.35% −0.01
CHE Chemed Corp. Reduce -7.7% 0.16% −0.00
CLH Clean Harbors Inc. Reduce -2.1% 0.89% +0.00
COHR Coherent Corp. Reduce -10.4% 0.17% +0.01
INGR Ingredion Inc. Reduce -8.5% 0.35% +0.02
ITW Illinois Tool Works Reduce -1.5% 0.53% +0.02
EQIX Equinix Inc. Reduce -4.8% 0.49% +0.03
CW Curtiss-Wright Corp. Reduce -3.3% 0.43% +0.05
AVGO Broadcom Inc. Reduce -1.0% 2.88% +0.05
WMT Walmart Inc. Reduce -9.6% 2.75% +0.08
PH Parker Hannifin Corp. Reduce -5.7% 0.92% +0.10
MSI Motorola Solutions Inc. Reduce -3.1% 1.41% +0.10

Portfolio Buys Q2 2024 → Q3 2024
NOW ServiceNow Inc. Add +583.3% 1.93% +1.67
LOW Lowe's Cos Inc. Add +86.1% 2.65% +1.44
MKC McCormick & Co.-Non VTG SHRS New 1.39% +1.39
HUBB Hubbell Inc. Add +187.5% 1.86% +1.29
AWK American Water Works Co. Inc. Add +39.9% 2.46% +0.84
TMO Thermo Fisher Scientific Inc. Add +17.4% 2.84% +0.58
ZTS Zoetis Inc. Add +23.6% 2.20% +0.55
FNV Franco-Nevada Corp. New 0.54% +0.54
AAPL Apple Inc. Add +3.4% 4.83% +0.42
ITT Itt Inc. Add +18.7% 1.67% +0.40
BDX Becton Dickinson and Co. Add +174.2% 0.59% +0.37
IFF Intl Flavors & Fragrances New 0.32% +0.32
AMD Advanced Micro Devices Add +36.1% 1.29% +0.31
WAB Wabtec Corp. Add +18.2% 1.02% +0.24
CMS CMS Energy Corp. Add +41.9% 0.57% +0.22
BMRN Biomarin Pharmaceutical Inc. Add +328.3% 0.24% +0.17
VRT Vertiv Holdings Co. Class A New 0.17% +0.17
MDLZ Mondelez International Inc. Class A Add +15.0% 0.87% +0.17
TSCO Tractor Supply Company Add +17.4% 0.62% +0.11
MKTX Marketaxess Holdings Inc. Add +149.1% 0.15% +0.10
TXN Texas Instruments Inc. Add +19.6% 0.53% +0.09
MLM Martin Marietta Materials Add +19.9% 0.71% +0.09
SKX Skechers USA Inc. Class A New 0.08% +0.08
BWXT BWX Technologies Inc. Add +2.5% 0.65% +0.07
BRKR Bruker Corp. New 0.07% +0.07
TFX Teleflex Inc. New 0.07% +0.07
COO The Cooper Cos Inc. Add +33.3% 0.15% +0.06
TDY Teledyne Technologies Inc. Add +6.2% 0.33% +0.04
EXP Eagle Materials Inc. Add +12.0% 0.14% +0.04
WTRG Essential Utilities Inc. Add +36.4% 0.15% +0.04
DDOG Datadog Inc. Class A Add +44.8% 0.15% +0.03
DT Dynatrace Inc. Add +22.7% 0.10% +0.03
COTY Coty Inc. Class A Add +52.2% 0.07% +0.02
WWD Woodward Inc. Add +18.4% 0.17% +0.02
CMC Commercial Metals Co. Add +16.2% 0.10% +0.01
CGNX Cognex Corp. Add +25.0% 0.08% +0.00
SMPL The Simply Good Foods Co. Add +8.1% 0.25% −0.00
AMKR Amkor Technology Inc. Add +32.8% 0.06% −0.00
ADBE Adobe Inc. Add +7.7% 1.68% −0.07
CCJ Cameco Corp. Add +4.2% 2.42% −0.08
DIS The Walt Disney Co. Add +1.0% 2.39% −0.16

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