Covea Finance
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Covea Finance reported 114 stock positions worth $2.2 billion. Its top holding was Apple (AAPL) at 6.7% of the portfolio, followed by Microsoft (MSFT, 5.7%) and Amazon.com (AMZN, 4.1%). Compared with Q4 2024, it opened 18 new positions, sold out of 10, added to 51 and reduced 42. The biggest buy was Alphabet Class A (GOOGL, shares +221%) and the biggest sale Broadcom (AVGO, shares −42%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0001636948
- Portfolio Value
- $2.2B (Q1 2025)
- SEC Filing
- 0001636948-25-000003 ↗ filed Apr 22, 2025
Holdings Value
Holdings 114 stocks · $2.2B
| AAPL Apple Inc. | 6.68% | 655,199 | $145.5M | Add +22.4% |
| MSFT Microsoft Corp. | 5.67% | 329,248 | $123.6M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 4.13% | 472,684 | $89.9M | Add +0.5% |
| V Visa Inc. Class A | 3.64% | 226,018 | $79.2M | Add +28.1% |
| GOOGL Alphabet Inc. Class A | 3.16% | 444,500 | $68.7M | Add +221.4% |
| WM Waste Management Inc. | 2.92% | 275,133 | $63.7M | Add +27.0% |
| WMT Walmart Inc. | 2.67% | 662,090 | $58.1M | Reduce -8.2% |
| NVDA Nvidia Corp. | 2.66% | 534,741 | $58.0M | Reduce -25.9% |
| NFLX Netflix Inc. | 2.57% | 60,020 | $56.0M | Reduce -5.6% |
| TMO Thermo Fisher Scientific Inc. | 2.36% | 103,114 | $51.3M | Add +3.9% |
| ZTS Zoetis Inc. | 2.25% | 297,862 | $49.0M | Add +20.3% |
| CCJ Cameco Corp. | 2.14% | 1,665,979 | $46.7M | Add +52.8% |
| FNV Franco-Nevada Corp. | 2.07% | 286,170 | $45.1M | Add +182.4% |
| ISRG Intuitive Surgical Inc. | 1.96% | 86,348 | $42.8M | Add +40.2% |
| COST Costco Wholesale Corp. | 1.87% | 42,992 | $40.7M | Reduce -14.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.86% | 410,771 | $40.5M | Reduce -23.4% |
| ABT Abbott Laboratories | 1.79% | 293,454 | $38.9M | New |
| MSI Motorola Solutions Inc. | 1.74% | 86,445 | $37.8M | Add +29.3% |
| HWM Howmet Aerospace Inc. | 1.70% | 285,602 | $37.1M | Reduce -13.6% |
| AVGO Broadcom Inc. | 1.56% | 203,300 | $34.0M | Reduce -42.1% |
| EMR Emerson Electric Co. | 1.50% | 298,760 | $32.8M | Add +31.0% |
| NOW ServiceNow Inc. | 1.45% | 39,665 | $31.6M | Add +8.5% |
| ADBE Adobe Inc. | 1.34% | 75,889 | $29.1M | New |
| MKC McCormick & Co.-Non VTG SHRS | 1.28% | 339,510 | $27.9M | Add +4.9% |
| LOW Lowe's Cos Inc. | 1.28% | 119,457 | $27.9M | Reduce -41.4% |
| ROL Rollins Inc. | 1.25% | 503,351 | $27.2M | Reduce -23.2% |
| TXN Texas Instruments Inc. | 1.24% | 150,850 | $27.1M | Add +160.3% |
| LLY Eli Lilly & Co. | 1.18% | 31,100 | $25.7M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.12% | 200,868 | $24.5M | Add +53.9% |
| AWK American Water Works Co. Inc. | 1.09% | 161,467 | $23.8M | Add +32.8% |
| ENB Enbridge Inc. | 1.08% | 529,120 | $23.5M | Reduce -0.1% |
| NKE Nike Inc. Class B | 1.03% | 353,766 | $22.5M | Add +2.8% |
| HUBB Hubbell Inc. | 1.01% | 66,295 | $21.9M | Reduce -29.3% |
| WAB Wabtec Corp. | 0.94% | 112,748 | $20.4M | Reduce -15.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.90% | 471,700 | $19.7M | New |
| PH Parker Hannifin Corp. | 0.90% | 32,267 | $19.6M | Reduce -3.2% |
| LNG Cheniere Energy Inc. | 0.89% | 84,100 | $19.5M | Reduce -30.7% |
| XYL Xylem Inc. | 0.75% | 136,901 | $16.4M | Add +28.8% |
| MAR Marriott International Class A | 0.73% | 66,440 | $15.8M | Add +9.8% |
| ROK Rockwell Automation Inc. | 0.70% | 58,823 | $15.2M | Add +73.4% |
| JPM JPMorgan Chase & Co. | 0.69% | 61,700 | $15.1M | New |
| BDX Becton Dickinson and Co. | 0.69% | 66,000 | $15.1M | Add +12.6% |
| ORLY O'reilly Automotive Inc. | 0.68% | 10,314 | $14.8M | Reduce -13.8% |
| TDY Teledyne Technologies Inc. | 0.66% | 29,000 | $14.4M | Add +35.5% |
| ECL Ecolab Inc. | 0.62% | 52,954 | $13.4M | Reduce -13.9% |
| SHW The Sherwin-Williams Co. | 0.61% | 38,297 | $13.4M | No change |
| HON Honeywell International Inc. | 0.61% | 62,798 | $13.3M | Reduce -36.4% |
| CDNS Cadence Design SYS Inc. | 0.60% | 51,261 | $13.0M | Reduce -8.5% |
| CMS CMS Energy Corp. | 0.60% | 173,400 | $13.0M | Reduce -2.2% |
| NEE Nextera Energy Inc. | 0.57% | 176,675 | $12.5M | Add +65.6% |
| APH Amphenol Corp. Class A | 0.56% | 185,984 | $12.2M | Reduce -55.7% |
| ROP Roper Technologies Inc. | 0.55% | 20,480 | $12.1M | Reduce -8.3% |
| CBOE Cboe Global Markets Inc. | 0.55% | 53,200 | $12.0M | Add +22.9% |
| SBUX Starbucks Corp. | 0.54% | 118,994 | $11.7M | Add +25.3% |
| PG The Procter & Gamble Co. | 0.53% | 68,070 | $11.6M | Add +23.8% |
| ITW Illinois Tool Works | 0.52% | 46,045 | $11.4M | No change |
| MDLZ Mondelez International Inc. Class A | 0.51% | 165,220 | $11.2M | Reduce -38.8% |
| AME Ametek Inc. | 0.51% | 64,266 | $11.1M | Reduce -46.9% |
| BWXT BWX Technologies Inc. | 0.49% | 108,292 | $10.7M | Reduce -16.9% |
| TRGP Targa Resources Corp. | 0.48% | 51,740 | $10.4M | Reduce -27.4% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.47% | 131,760 | $10.2M | Add +7.0% |
| DHR Danaher Corp. | 0.46% | 49,256 | $10.1M | Reduce -28.8% |
| MLM Martin Marietta Materials | 0.44% | 20,090 | $9.6M | Reduce -33.5% |
| EQIX Equinix Inc. | 0.43% | 11,391 | $9.3M | Reduce -9.7% |
| NUE Nucor Corp. | 0.42% | 76,640 | $9.2M | Add +53.3% |
| CLH Clean Harbors Inc. | 0.36% | 39,500 | $7.8M | Reduce -53.1% |
| BMRN Biomarin Pharmaceutical Inc. | 0.34% | 106,300 | $7.5M | Add +37.9% |
| ADI Analog Devices Inc. | 0.34% | 36,700 | $7.4M | New |
| INGR Ingredion Inc. | 0.33% | 52,500 | $7.1M | Add +4.8% |
| TSCO Tractor Supply Company | 0.32% | 127,000 | $7.0M | Reduce -66.1% |
| SMPL The Simply Good Foods Co. | 0.32% | 202,500 | $7.0M | Add +21.6% |
| OSK Oshkosh Corp. | 0.30% | 70,500 | $6.6M | Add +135.0% |
| CW Curtiss-Wright Corp. | 0.29% | 19,700 | $6.3M | Reduce -29.4% |
| MRVL Marvell Technology Inc. | 0.28% | 100,826 | $6.2M | Reduce -27.3% |
| BKR Baker Hughes Co. | 0.27% | 132,000 | $5.8M | New |
| DXCM Dexcom Inc. | 0.26% | 83,900 | $5.7M | Reduce -63.8% |
| KEYS Keysight Technologies Inc. | 0.26% | 37,988 | $5.7M | No change |
| GMED Globus Medical Inc. Class A | 0.26% | 76,400 | $5.6M | Reduce -69.5% |
| KO The Coca-Cola Co. | 0.25% | 75,500 | $5.4M | New |
| AXP American Express Co. | 0.23% | 19,000 | $5.1M | New |
| SYK Stryker Corp. | 0.23% | 13,500 | $5.0M | New |
| MDB Mongodb Inc. | 0.23% | 28,400 | $5.0M | Add +72.1% |
| DCI Donaldson Co. Inc. | 0.19% | 61,000 | $4.1M | Add +38.6% |
| VMI Valmont Industries | 0.19% | 14,300 | $4.1M | Reduce -5.9% |
| WWD Woodward Inc. | 0.19% | 22,200 | $4.1M | Reduce -1.3% |
| CHE Chemed Corp. | 0.18% | 6,500 | $4.0M | Add +8.3% |
| PTC PTC Inc. | 0.18% | 25,500 | $4.0M | Add +66.7% |
| CMC Commercial Metals Co. | 0.18% | 84,500 | $3.9M | Add +36.3% |
| COO The Cooper Cos Inc. | 0.18% | 46,000 | $3.9M | Add +95.7% |
| USB US Bancorp | 0.16% | 84,000 | $3.5M | New |
| GILD Gilead Sciences Inc. | 0.16% | 30,500 | $3.4M | New |
| MS Morgan Stanley | 0.15% | 28,800 | $3.4M | New |
| DDOG Datadog Inc. Class A | 0.15% | 33,400 | $3.3M | Add +13.6% |
| ZBH Zimmer Biomet Holdings Inc. | 0.15% | 29,000 | $3.3M | Reduce -83.7% |
| IEX Idex Corp. | 0.15% | 18,000 | $3.3M | Add +24.1% |
| NTR Nutrien Ltd. | 0.14% | 63,100 | $3.1M | Add +13.5% |
| ATI Ati Inc. | 0.14% | 60,000 | $3.1M | Reduce -7.7% |
| EXP Eagle Materials Inc. | 0.14% | 14,000 | $3.1M | Add +16.7% |
| HQY Healthequity Inc. | 0.13% | 32,000 | $2.8M | Add +77.8% |
| COHR Coherent Corp. | 0.13% | 43,000 | $2.8M | Add +22.9% |
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -42.1% | 1.56% | −2.11 |
| NVDA Nvidia Corp. | Reduce -25.9% | 2.66% | −1.71 |
| ITT Itt Inc. | Reduce -90.9% | 0.12% | −1.30 |
| SRE Sempra | Sold out | 0.00% | −1.28 |
| LOW Lowe's Cos Inc. | Reduce -41.4% | 1.28% | −0.99 |
| DIS The Walt Disney Co. | Reduce -23.4% | 1.86% | −0.83 |
| HUBB Hubbell Inc. | Reduce -29.3% | 1.01% | −0.76 |
| APH Amphenol Corp. Class A | Reduce -55.7% | 0.56% | −0.75 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -83.7% | 0.15% | −0.69 |
| GMED Globus Medical Inc. Class A | Reduce -69.5% | 0.26% | −0.68 |
| MSFT Microsoft Corp. | Reduce -1.4% | 5.67% | −0.67 |
| TSCO Tractor Supply Company | Reduce -66.1% | 0.32% | −0.57 |
| DXCM Dexcom Inc. | Reduce -63.8% | 0.26% | −0.55 |
| CLH Clean Harbors Inc. | Reduce -53.1% | 0.36% | −0.52 |
| AME Ametek Inc. | Reduce -46.9% | 0.51% | −0.48 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.43 |
| MRVL Marvell Technology Inc. | Reduce -27.3% | 0.28% | −0.41 |
| HON Honeywell International Inc. | Reduce -36.4% | 0.61% | −0.40 |
| LNG Cheniere Energy Inc. | Reduce -30.7% | 0.89% | −0.28 |
| AMD Advanced Micro Devices | Reduce -64.8% | 0.12% | −0.28 |
| WMT Walmart Inc. | Reduce -8.2% | 2.67% | −0.27 |
| MLM Martin Marietta Materials | Reduce -33.5% | 0.44% | −0.26 |
| DHR Danaher Corp. | Reduce -28.8% | 0.46% | −0.25 |
| MDLZ Mondelez International Inc. Class A | Reduce -38.8% | 0.51% | −0.21 |
| WAB Wabtec Corp. | Reduce -15.8% | 0.94% | −0.21 |
| COST Costco Wholesale Corp. | Reduce -14.3% | 1.87% | −0.21 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.20 |
| BWXT BWX Technologies Inc. | Reduce -16.9% | 0.49% | −0.16 |
| CDNS Cadence Design SYS Inc. | Reduce -8.5% | 0.60% | −0.16 |
| CW Curtiss-Wright Corp. | Reduce -29.4% | 0.29% | −0.16 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.15 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.14 |
| ROL Rollins Inc. | Reduce -23.2% | 1.25% | −0.12 |
| EQIX Equinix Inc. | Reduce -9.7% | 0.43% | −0.11 |
| DAR Darling Ingredients Inc. | Sold out | 0.00% | −0.10 |
| TRGP Targa Resources Corp. | Reduce -27.4% | 0.48% | −0.10 |
| AMKR Amkor Technology Inc. | Sold out | 0.00% | −0.07 |
| BRKR Bruker Corp. | Sold out | 0.00% | −0.06 |
| PH Parker Hannifin Corp. | Reduce -3.2% | 0.90% | −0.06 |
| COTY Coty Inc. Class A | Sold out | 0.00% | −0.05 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.05 |
| MTSI Macom Technology Solutions H | Reduce -3.7% | 0.12% | −0.04 |
| ECL Ecolab Inc. | Reduce -13.9% | 0.62% | −0.03 |
| VMI Valmont Industries | Reduce -5.9% | 0.19% | −0.02 |
| ATI Ati Inc. | Reduce -7.7% | 0.14% | −0.02 |
| NFLX Netflix Inc. | Reduce -5.6% | 2.57% | +0.01 |
| WWD Woodward Inc. | Reduce -1.3% | 0.19% | +0.02 |
| ROP Roper Technologies Inc. | Reduce -8.3% | 0.55% | +0.03 |
| ORLY O'reilly Automotive Inc. | Reduce -13.8% | 0.68% | +0.04 |
| ENB Enbridge Inc. | Reduce -0.1% | 1.08% | +0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| GOOGL Alphabet Inc. Class A | Add +221.4% | 3.16% | +1.98 |
| ABT Abbott Laboratories | New | 1.79% | +1.79 |
| FNV Franco-Nevada Corp. | Add +182.4% | 2.07% | +1.53 |
| ADBE Adobe Inc. | New | 1.34% | +1.34 |
| LLY Eli Lilly & Co. | New | 1.18% | +1.18 |
| V Visa Inc. Class A | Add +28.1% | 3.64% | +1.12 |
| WM Waste Management Inc. | Add +27.0% | 2.92% | +0.95 |
| BAC Bank of America Corp. | New | 0.90% | +0.90 |
| TXN Texas Instruments Inc. | Add +160.3% | 1.24% | +0.75 |
| JPM JPMorgan Chase & Co. | New | 0.69% | +0.69 |
| AAPL Apple Inc. | Add +22.4% | 6.68% | +0.64 |
| ISRG Intuitive Surgical Inc. | Add +40.2% | 1.96% | +0.51 |
| ZTS Zoetis Inc. | Add +20.3% | 2.25% | +0.43 |
| TJX TJX Companies Inc. | Add +53.9% | 1.12% | +0.41 |
| AWK American Water Works Co. Inc. | Add +32.8% | 1.09% | +0.41 |
| MSI Motorola Solutions Inc. | Add +29.3% | 1.74% | +0.34 |
| ADI Analog Devices Inc. | New | 0.34% | +0.34 |
| BKR Baker Hughes Co. | New | 0.27% | +0.27 |
| ROK Rockwell Automation Inc. | Add +73.4% | 0.70% | +0.26 |
| KO The Coca-Cola Co. | New | 0.25% | +0.25 |
| AXP American Express Co. | New | 0.23% | +0.23 |
| SYK Stryker Corp. | New | 0.23% | +0.23 |
| NEE Nextera Energy Inc. | Add +65.6% | 0.57% | +0.23 |
| EMR Emerson Electric Co. | Add +31.0% | 1.50% | +0.23 |
| TDY Teledyne Technologies Inc. | Add +35.5% | 0.66% | +0.21 |
| XYL Xylem Inc. | Add +28.8% | 0.75% | +0.19 |
| OSK Oshkosh Corp. | Add +135.0% | 0.30% | +0.18 |
| CBOE Cboe Global Markets Inc. | Add +22.9% | 0.55% | +0.17 |
| MKC McCormick & Co.-Non VTG SHRS | Add +4.9% | 1.28% | +0.17 |
| USB US Bancorp | New | 0.16% | +0.16 |
| NUE Nucor Corp. | Add +53.3% | 0.42% | +0.16 |
| GILD Gilead Sciences Inc. | New | 0.16% | +0.16 |
| MS Morgan Stanley | New | 0.15% | +0.15 |
| SBUX Starbucks Corp. | Add +25.3% | 0.54% | +0.14 |
| BJ Bj's Wholesale Club Holdings | New | 0.12% | +0.12 |
| PG The Procter & Gamble Co. | Add +23.8% | 0.53% | +0.12 |
| BMRN Biomarin Pharmaceutical Inc. | Add +37.9% | 0.34% | +0.12 |
| BDX Becton Dickinson and Co. | Add +12.6% | 0.69% | +0.09 |
| CSL Carlisle Cos Inc. | New | 0.09% | +0.09 |
| POOL Pool Corp. | New | 0.09% | +0.09 |
| COO The Cooper Cos Inc. | Add +95.7% | 0.18% | +0.08 |
| KEX Kirby Corp. | New | 0.06% | +0.06 |
| WTRG Essential Utilities Inc. | New | 0.06% | +0.06 |
| MDB Mongodb Inc. | Add +72.1% | 0.23% | +0.06 |
| PTC PTC Inc. | Add +66.7% | 0.18% | +0.05 |
| DCI Donaldson Co. Inc. | Add +38.6% | 0.19% | +0.05 |
| HQY Healthequity Inc. | Add +77.8% | 0.13% | +0.05 |
| CHE Chemed Corp. | Add +8.3% | 0.18% | +0.04 |
| CMC Commercial Metals Co. | Add +36.3% | 0.18% | +0.04 |
| NTR Nutrien Ltd. | Add +13.5% | 0.14% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 153 | $3.2B | GOOGL, AAPL, NVDA, AMZN, MSFT |
| Q1 2026 | 146 | $2.9B | MSFT, AAPL, GOOGL, AMZN, NVDA |
| Q4 2025 | 128 | $3.0B | MSFT, AAPL, GOOGL, NVDA, AMZN |
| Q3 2025 | 122 | $2.9B | MSFT, AAPL, NVDA, GOOGL, AMZN |
| Q2 2025 | 119 | $2.7B | MSFT, AAPL, NVDA, GOOGL, AMZN |
| Q1 2025 | 114 | $2.2B | AAPL, MSFT, AMZN, V, GOOGL |
| Q4 2024 | 106 | $2.2B | MSFT, AAPL, AMZN, NVDA, AVGO |
| Q3 2024 | 107 | $2.3B | MSFT, AAPL, AMZN, NVDA, AVGO |
| Q2 2024 | 105 | $2.2B | MSFT, NVDA, AMZN, AAPL, NFLX |
| Q1 2024 | 106 | $2.1B | MSFT, NVDA, AAPL, AMZN, DIS |