Covea Finance

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 15, 2026), Covea Finance reported 146 stock positions worth $2.9 billion. Its top holding was Microsoft (MSFT) at 5.4% of the portfolio, followed by Apple (AAPL, 5.0%) and Alphabet Class A (GOOGL, 4.3%). Compared with Q4 2025, it opened 25 new positions, sold out of 7, added to 29 and reduced 67. The biggest buy was a new position in L3HARRIS Technologies (LHX) and the biggest sale Microsoft (MSFT, shares −2%).

Most Recent 13F
Q2 2026
Location
PARIS, I0
CIK
0001636948
Portfolio Value
$2.9B (Q1 2026)
SEC Filing
0001636948-26-000003 ↗ filed Apr 15, 2026

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 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 $2.9B Q1 2026 Q2 2026: $3.2B Q2 2026

Holdings 146 stocks · $2.9B
MSFT Microsoft Corp. 5.45% 420,418 $155.6M Reduce -1.6%
AAPL Apple Inc. 4.96% 558,877 $141.8M Reduce -5.4%
GOOGL Alphabet Inc. Class A 4.25% 422,351 $121.5M Reduce -8.3%
AMZN Amazon.com Inc. 4.18% 573,759 $119.5M Add +14.6%
NVDA Nvidia Corp. 3.94% 645,750 $112.6M Reduce -5.8%
AVGO Broadcom Inc. 2.45% 225,880 $69.9M Reduce -3.5%
WMT Walmart Inc. 2.27% 521,910 $64.9M Reduce -11.4%
CCJ Cameco Corp. 2.25% 592,764 $64.4M Reduce -20.3%
WM Waste Management Inc. 1.86% 231,703 $53.2M Reduce -6.4%
FNV Franco-Nevada Corp. 1.76% 203,857 $50.4M Reduce -2.1%
TMO Thermo Fisher Scientific Inc. 1.69% 98,185 $48.3M Add +1.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.66% 975,085 $47.5M Add +34.4%
NFLX Netflix Inc. 1.60% 474,460 $45.6M Add +4.0%
MSI Motorola Solutions Inc. 1.51% 99,354 $43.1M Reduce -17.2%
AWK American Water Works Co. Inc. 1.46% 307,467 $41.8M Add +135.5%
GEV GE Vernova Inc. 1.44% 47,275 $41.3M Reduce -23.2%
V Visa Inc. Class A 1.43% 135,057 $40.8M Reduce -24.9%
EMR Emerson Electric Co. 1.39% 302,599 $39.6M Reduce -8.2%
ISRG Intuitive Surgical Inc. 1.37% 84,875 $39.1M Reduce -2.3%
LHX L3HARRIS Technologies Inc. 1.33% 110,180 $38.0M New
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.28% 228,813 $36.5M Reduce -5.2%
KEYS Keysight Technologies Inc. 1.27% 128,788 $36.4M Add +239.0%
ABT Abbott Laboratories 1.22% 340,869 $35.0M Reduce -7.6%
ADI Analog Devices Inc. 1.19% 106,680 $33.9M Reduce -4.7%
KO The Coca-Cola Co. 1.17% 438,480 $33.3M Add +10.5%
AXP American Express Co. 1.13% 107,080 $32.4M Reduce -0.8%
PANW Palo Alto Networks Inc. 1.11% 197,900 $31.7M Add +15.1%
HWM Howmet Aerospace Inc. 1.09% 135,729 $31.3M Reduce -41.3%
TDY Teledyne Technologies Inc. 1.05% 49,357 $29.9M Reduce -4.8%
XYL Xylem Inc. 1.03% 246,193 $29.4M Add +4.3%
MAR Marriott International Class A 1.01% 88,618 $29.0M Reduce -17.1%
LOW Lowe's Cos Inc. 0.97% 116,903 $27.6M Add +6.6%
LLY Eli Lilly & Co. 0.94% 29,140 $26.8M Reduce -5.9%
CEG Constellation Energy 0.90% 92,421 $25.8M Reduce -9.9%
AMAT Applied Materials Inc. 0.86% 71,700 $24.5M New
BWXT BWX Technologies Inc. 0.85% 118,959 $24.3M Reduce -14.8%
PH Parker Hannifin Corp. 0.84% 26,852 $24.0M Reduce -12.9%
HUBB Hubbell Inc. 0.84% 48,700 $23.9M Reduce -23.4%
SHW The Sherwin-Williams Co. 0.84% 74,487 $23.9M Add +94.5%
CMS CMS Energy Corp. 0.80% 293,100 $22.7M Add +26.4%
CW Curtiss-Wright Corp. 0.75% 31,581 $21.5M Reduce -12.9%
ROK Rockwell Automation Inc. 0.74% 58,609 $21.0M Reduce -5.0%
NOW ServiceNow Inc. 0.71% 193,425 $20.2M Reduce -17.0%
DHR Danaher Corp. 0.68% 102,956 $19.5M Add +7.3%
BKR Baker Hughes Co. 0.68% 317,900 $19.4M Reduce -18.0%
MS Morgan Stanley 0.68% 117,570 $19.3M Reduce -9.8%
JPM JPMorgan Chase & Co. 0.65% 63,265 $18.6M Reduce -17.3%
MKC McCormick & Co.-Non VTG SHRS 0.65% 365,664 $18.4M Reduce -3.7%
SOLS Solstice Adv Materials Inc. 0.64% 240,172 $18.3M Reduce -21.4%
AMD Advanced Micro Devices 0.64% 89,800 $18.3M New
WAB Wabtec Corp. 0.62% 70,746 $17.7M Reduce -2.1%
ROL Rollins Inc. 0.59% 317,706 $17.0M Add +2.3%
PG The Procter & Gamble Co. 0.58% 115,699 $16.7M Add +172.6%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.57% 226,288 $16.4M Reduce -6.7%
APH Amphenol Corp. Class A 0.56% 127,136 $16.1M Reduce -19.8%
MLM Martin Marietta Materials 0.55% 26,874 $15.8M Add +17.5%
ORLY O'reilly Automotive Inc. 0.54% 168,162 $15.5M Add +15.5%
PNC PNC Financial Services Group 0.54% 74,400 $15.5M Add +53.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.52% 154,886 $14.9M Reduce -56.4%
CDNS Cadence Design SYS Inc. 0.51% 52,328 $14.5M Reduce -7.5%
HON Honeywell International Inc. 0.50% 62,798 $14.2M No change
COST Costco Wholesale Corp. 0.49% 14,067 $14.0M Reduce -5.3%
AME Ametek Inc. 0.48% 64,266 $13.8M No change
MDLZ Mondelez International Inc. Class A 0.47% 233,380 $13.5M Reduce -12.5%
ECL Ecolab Inc. 0.47% 50,392 $13.4M Reduce -4.8%
ENB Enbridge Inc. 0.46% 243,700 $13.2M Reduce -51.9%
SYK Stryker Corp. 0.44% 38,607 $12.7M Add +4.3%
TSCO Tractor Supply Company 0.43% 273,580 $12.4M No change
ECHO Echostar Corp. Class A 0.42% 102,600 $12.0M New
HD Home Depot Inc. 0.40% 35,010 $11.5M New
TRGP Targa Resources Corp. 0.40% 45,420 $11.4M Reduce -38.0%
TXN Texas Instruments Inc. 0.40% 58,150 $11.3M Reduce -2.8%
LNG Cheniere Energy Inc. 0.39% 38,780 $11.0M Reduce -66.4%
GILD Gilead Sciences Inc. 0.38% 78,800 $11.0M New
ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 0.36% 642,600 $10.3M Reduce -20.8%
OSK Oshkosh Corp. 0.36% 69,100 $10.2M Reduce -16.1%
CBOE Cboe Global Markets Inc. 0.36% 36,095 $10.1M Reduce -10.2%
NEE Nextera Energy Inc. 0.35% 107,576 $10.0M No change
MOG.A Moog Inc. Class A 0.34% 33,300 $9.7M Add +189.6%
CLH Clean Harbors Inc. 0.32% 32,287 $9.3M Reduce -39.2%
INGR Ingredion Inc. 0.32% 81,200 $9.1M Reduce -3.6%
GMED Globus Medical Inc. Class A 0.32% 106,100 $9.1M Reduce -3.7%
VMI Valmont Industries 0.30% 21,300 $8.5M Reduce -15.1%
HBAN Huntington Bancshares Inc. 0.29% 529,200 $8.3M New
MDA Mda Space Ltd. 0.28% 319,000 $8.1M New
BMRN Biomarin Pharmaceutical Inc. 0.28% 140,500 $7.9M Reduce -3.6%
SXT Sensient Technologies Corp. 0.28% 91,000 $7.9M Reduce -4.5%
CP Canadian Pacific Kansas City 0.27% 99,934 $7.9M No change
MDB Mongodb Inc. 0.27% 31,007 $7.6M Add +27.1%
ZTS Zoetis Inc. 0.27% 64,164 $7.6M No change
SBUX Starbucks Corp. 0.26% 82,994 $7.4M No change
DCI Donaldson Co. Inc. 0.26% 87,130 $7.4M Add +40.8%
HII Huntington Ingalls Industrie 0.25% 18,834 $7.2M New
EW Edwards Lifesciences Corp. 0.23% 81,101 $6.5M No change
MTSI Macom Technology Solutions H 0.23% 29,100 $6.5M No change
BDX Becton Dickinson and Co. 0.22% 40,802 $6.4M Reduce -48.3%
TER Teradyne Inc. 0.22% 21,000 $6.2M New
BURL Burlington Stores Inc. 0.21% 18,500 $6.0M No change
ATI Ati Inc. 0.20% 40,200 $5.8M Reduce -18.6%
DE Deere & Co. 0.20% 10,243 $5.8M No change
ITT Itt Inc. 0.19% 28,300 $5.4M No change
NKE Nike Inc. Class B 0.19% 101,539 $5.4M Reduce -72.6%
AMKR Amkor Technology Inc. 0.18% 116,755 $5.3M Add +79.1%
EXP Eagle Materials Inc. 0.18% 27,443 $5.2M Add +44.4%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.18% 52,636 $5.2M Add +24.7%
WWD Woodward Inc. 0.18% 14,173 $5.1M Reduce -30.2%
UBER Uber Technologies Inc. 0.17% 67,700 $4.9M Add +12.7%
PEP Pepsico Inc. 0.17% 31,240 $4.9M New
EQIX Equinix Inc. 0.17% 4,932 $4.8M Reduce -56.7%
MP MP Materials Corp. 0.16% 97,300 $4.7M Add +17.6%
DDOG Datadog Inc. Class A 0.16% 39,500 $4.7M Reduce -8.1%
CMC Commercial Metals Co. 0.16% 75,900 $4.7M Reduce -14.7%
ARM Arm Holdings PLC-ADR 0.16% 29,918 $4.5M New
MTD Mettler-Toledo International 0.15% 3,508 $4.4M New
H Hyatt Hotels Corp. Class A 0.15% 30,100 $4.3M No change
IEX Idex Corp. 0.15% 22,800 $4.3M Reduce -10.2%
CGNX Cognex Corp. 0.14% 83,900 $4.1M New
ZBH Zimmer Biomet Holdings Inc. 0.13% 42,600 $3.9M No change
CHE Chemed Corp. 0.13% 9,900 $3.7M No change
ROP Roper Technologies Inc. 0.12% 9,828 $3.5M Reduce -52.0%
RPM RPM International Inc. 0.12% 34,500 $3.4M No change
POOL Pool Corp. 0.12% 16,700 $3.4M Add +21.9%
RGEN Repligen Corp. 0.12% 28,000 $3.3M No change
HQY Healthequity Inc. 0.11% 39,200 $3.3M No change
ASB Associated Banc-Corp. 0.11% 122,300 $3.2M New
CSL Carlisle Cos Inc. 0.11% 9,400 $3.1M No change
ZION Zions Bancorp NA 0.11% 54,300 $3.1M New
DT Dynatrace Inc. 0.10% 78,500 $2.9M No change
PNFP Pinnacle Financial Partners 0.10% 33,500 $2.9M New
COHR Coherent Corp. 0.10% 12,000 $2.9M Reduce -67.0%
OC Owens Corning 0.10% 26,339 $2.9M New
BSY Bentley Systems Inc. Class B 0.10% 80,100 $2.8M No change
WTRG Essential Utilities Inc. 0.09% 65,500 $2.6M Reduce -40.1%
EVR Evercore Inc. Class A 0.09% 8,400 $2.5M Reduce -91.9%
BLDR Builders Firstsource Inc. 0.09% 29,956 $2.5M New
CHD Church & Dwight Co. Inc. 0.08% 26,000 $2.4M No change
CFR Cullen/Frost Bankers Inc. 0.08% 17,400 $2.4M New
MIR Mirion Technologies Inc. 0.08% 119,200 $2.2M New
AVAV Aerovironment Inc. 0.08% 11,800 $2.2M New
PODD Insulet Corp. 0.07% 10,200 $2.1M New
CNM Core & Main Inc. Class A 0.07% 42,200 $2.1M No change
TECH Bio-Techne Corp. 0.07% 38,300 $2.0M No change
NXE Nexgen Energy Ltd. 0.06% 140,000 $1.6M New
SFM Sprouts Farmers Market Inc. 0.06% 20,500 $1.6M No change
UUUU Energy Fuels Inc. 0.05% 77,000 $1.4M New
LEU Centrus Energy Corp. Class A 0.04% 6,000 $1.0M Add +50.0%

Portfolio Sells Q4 2025 → Q1 2026
MSFT Microsoft Corp. Reduce -1.6% 5.45% −1.36
EVR Evercore Inc. Class A Reduce -91.9% 0.09% −1.08
MSCI MSCI Inc. Sold out 0.00% −1.07
NUE Nucor Corp. Sold out 0.00% −0.94
DIS The Walt Disney Co. Reduce -56.4% 0.52% −0.81
V Visa Inc. Class A Reduce -24.9% 1.43% −0.65
NKE Nike Inc. Class B Reduce -72.6% 0.19% −0.59
GOOGL Alphabet Inc. Class A Reduce -8.3% 4.25% −0.50
NOW ServiceNow Inc. Reduce -17.0% 0.71% −0.47
HWM Howmet Aerospace Inc. Reduce -41.3% 1.09% −0.47
ITW Illinois Tool Works Sold out 0.00% −0.37
ADBE Adobe Inc. Sold out 0.00% −0.36
LNG Cheniere Energy Inc. Reduce -66.4% 0.39% −0.35
ENB Enbridge Inc. Reduce -51.9% 0.46% −0.34
AAPL Apple Inc. Reduce -5.4% 4.96% −0.33
ABT Abbott Laboratories Reduce -7.6% 1.22% −0.30
CEG Constellation Energy Reduce -9.9% 0.90% −0.29
BDX Becton Dickinson and Co. Reduce -48.3% 0.22% −0.28
NVDA Nvidia Corp. Reduce -5.8% 3.94% −0.27
ISRG Intuitive Surgical Inc. Reduce -2.3% 1.37% −0.25
AVGO Broadcom Inc. Reduce -3.5% 2.45% −0.22
MKC McCormick & Co.-Non VTG SHRS Reduce -3.7% 0.65% −0.21
AXP American Express Co. Reduce -0.8% 1.13% −0.18
ROP Roper Technologies Inc. Reduce -52.0% 0.12% −0.18
CSCO Cisco Systems Inc. Sold out 0.00% −0.17
JPM JPMorgan Chase & Co. Reduce -17.3% 0.65% −0.16
LLY Eli Lilly & Co. Reduce -5.9% 0.94% −0.16
APH Amphenol Corp. Class A Reduce -19.8% 0.56% −0.14
PTC PTC Inc. Sold out 0.00% −0.13
COHR Coherent Corp. Reduce -67.0% 0.10% −0.12
EQIX Equinix Inc. Reduce -56.7% 0.17% −0.12
IOT Samsara Inc. Class A Sold out 0.00% −0.11
HUBB Hubbell Inc. Reduce -23.4% 0.84% −0.09
CLH Clean Harbors Inc. Reduce -39.2% 0.32% −0.09
MS Morgan Stanley Reduce -9.8% 0.68% −0.09
MAR Marriott International Class A Reduce -17.1% 1.01% −0.08
CDNS Cadence Design SYS Inc. Reduce -7.5% 0.51% −0.07
ROK Rockwell Automation Inc. Reduce -5.0% 0.74% −0.05
EMR Emerson Electric Co. Reduce -8.2% 1.39% −0.05
PH Parker Hannifin Corp. Reduce -12.9% 0.84% −0.05
TRGP Targa Resources Corp. Reduce -38.0% 0.40% −0.05
WTRG Essential Utilities Inc. Reduce -40.1% 0.09% −0.05
CMC Commercial Metals Co. Reduce -14.7% 0.16% −0.04
VMI Valmont Industries Reduce -15.1% 0.30% −0.03
DDOG Datadog Inc. Class A Reduce -8.1% 0.16% −0.03
WWD Woodward Inc. Reduce -30.2% 0.18% −0.02
SXT Sensient Technologies Corp. Reduce -4.5% 0.28% −0.02
BMRN Biomarin Pharmaceutical Inc. Reduce -3.6% 0.28% −0.01
MSI Motorola Solutions Inc. Reduce -17.2% 1.51% −0.01
MDLZ Mondelez International Inc. Class A Reduce -12.5% 0.47% −0.00

Portfolio Buys Q4 2025 → Q1 2026
LHX L3HARRIS Technologies Inc. New 1.33% +1.33
KEYS Keysight Technologies Inc. Add +239.0% 1.27% +1.02
AWK American Water Works Co. Inc. Add +135.5% 1.46% +0.90
AMAT Applied Materials Inc. New 0.86% +0.86
AMD Advanced Micro Devices New 0.64% +0.64
SHW The Sherwin-Williams Co. Add +94.5% 0.84% +0.43
ECHO Echostar Corp. Class A New 0.42% +0.42
HD Home Depot Inc. New 0.40% +0.40
PG The Procter & Gamble Co. Add +172.6% 0.58% +0.38
GILD Gilead Sciences Inc. New 0.38% +0.38
AMZN Amazon.com Inc. Add +14.6% 4.18% +0.37
BAC Bank of America Corp. Add +34.4% 1.66% +0.35
HBAN Huntington Bancshares Inc. New 0.29% +0.29
MDA Mda Space Ltd. New 0.28% +0.28
CMS CMS Energy Corp. Add +26.4% 0.80% +0.26
KO The Coca-Cola Co. Add +10.5% 1.17% +0.25
HII Huntington Ingalls Industrie New 0.25% +0.25
MOG.A Moog Inc. Class A Add +189.6% 0.34% +0.25
TER Teradyne Inc. New 0.22% +0.22
PNC PNC Financial Services Group Add +53.1% 0.54% +0.21
NFLX Netflix Inc. Add +4.0% 1.60% +0.19
PEP Pepsico Inc. New 0.17% +0.17
ARM Arm Holdings PLC-ADR New 0.16% +0.16
MTD Mettler-Toledo International New 0.15% +0.15
CGNX Cognex Corp. New 0.14% +0.14
ASB Associated Banc-Corp. New 0.11% +0.11
ZION Zions Bancorp NA New 0.11% +0.11
ORLY O'reilly Automotive Inc. Add +15.5% 0.54% +0.11
PNFP Pinnacle Financial Partners New 0.10% +0.10
OC Owens Corning New 0.10% +0.10
AMKR Amkor Technology Inc. Add +79.1% 0.18% +0.10
LOW Lowe's Cos Inc. Add +6.6% 0.97% +0.10
BLDR Builders Firstsource Inc. New 0.09% +0.09
MLM Martin Marietta Materials Add +17.5% 0.55% +0.08
CFR Cullen/Frost Bankers Inc. New 0.08% +0.08
DCI Donaldson Co. Inc. Add +40.8% 0.26% +0.08
MIR Mirion Technologies Inc. New 0.08% +0.08
AVAV Aerovironment Inc. New 0.08% +0.08
PODD Insulet Corp. New 0.07% +0.07
PANW Palo Alto Networks Inc. Add +15.1% 1.11% +0.07
NXE Nexgen Energy Ltd. New 0.06% +0.06
BJ Bj's Wholesale Club Holdings Add +24.7% 0.18% +0.06
EXP Eagle Materials Inc. Add +44.4% 0.18% +0.05
UUUU Energy Fuels Inc. New 0.05% +0.05
MP MP Materials Corp. Add +17.6% 0.16% +0.03
SYK Stryker Corp. Add +4.3% 0.44% +0.02
POOL Pool Corp. Add +21.9% 0.12% +0.01
UBER Uber Technologies Inc. Add +12.7% 0.17% +0.01
LEU Centrus Energy Corp. Class A Add +50.0% 0.04% +0.00
ROL Rollins Inc. Add +2.3% 0.59% −0.02

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