Exane Asset Management
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 7, 2024), Exane Asset Management reported 18 stock positions worth $142.6 million. Its top holding was Stellantis (STLA) at 18.7% of the portfolio, followed by Ferrovial (FER, 14.7%) and PNC Financial Services (PNC, 13.2%). Compared with Q1 2024, it opened 8 new positions, sold out of 3, added to 4 and reduced 6. The biggest buy was a new position in Ferrovial (FER) and the biggest sale Stellantis (STLA, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0001666256
- Portfolio Value
- $142.6M (Q2 2024)
- SEC Filing
- 0001666256-24-000004 ↗ filed Aug 7, 2024
Holdings Value
Holdings 18 stocks · $142.6M
| STLA Stellantis NV | 18.75% | 1,350,667 | $26.7M | Reduce -25.7% |
| FER Ferrovial NV | 14.68% | 538,993 | $20.9M | New |
| PNC PNC Financial Services Group | 13.17% | 120,769 | $18.8M | Add +111.8% |
| CRH CRH PLC | 12.13% | 232,006 | $17.3M | Add +61.1% |
| CCEP Coca-Cola Europacific Partne | 7.80% | 151,730 | $11.1M | New |
| C Citigroup Inc. | 7.12% | 159,959 | $10.2M | New |
| TMUS T-Mobile US Inc. | 5.34% | 43,213 | $7.6M | Reduce -69.8% |
| UBS UBS Group AG-Reg | 4.64% | 224,773 | $6.6M | Add +121.5% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 4.32% | 64,674 | $6.2M | New |
| BKNG Booking Holdings Inc. | 3.73% | 1,343 | $5.3M | Reduce -16.4% |
| AMZN Amazon.com Inc. | 3.60% | 26,541 | $5.1M | New |
| ALC Alcon Inc. filed as ALCON AG | 1.30% | 20,692 | $1.8M | Add +41.5% |
| ACN Accenture PLC Class A | 0.92% | 4,325 | $1.3M | New |
| ORCL Oracle Corp. | 0.76% | 7,700 | $1.1M | Reduce -7.8% |
| MDB Mongodb Inc. | 0.75% | 4,265 | $1.1M | New |
| CRM Salesforce Inc. | 0.50% | 2,790 | $717K | New |
| MSFT Microsoft Corp. | 0.46% | 1,470 | $657K | Reduce -22.6% |
| BUR Burford Capital Ltd. | 0.04% | 4,674 | $60K | Reduce -98.7% |
Portfolio Sells Q1 2024 → Q2 2024
| STLA Stellantis NV | Reduce -25.7% | 18.75% | −21.12 |
| TMUS T-Mobile US Inc. | Reduce -69.8% | 5.34% | −12.67 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −6.98 |
| QGEN Qiagen NV | Sold out | 0.00% | −4.39 |
| BUR Burford Capital Ltd. | Reduce -98.7% | 0.04% | −4.36 |
| BKNG Booking Holdings Inc. | Reduce -16.4% | 3.73% | −0.77 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.39 |
| MSFT Microsoft Corp. | Reduce -22.6% | 0.46% | −0.16 |
| ORCL Oracle Corp. | Reduce -7.8% | 0.76% | −0.05 |
Portfolio Buys Q1 2024 → Q2 2024
| FER Ferrovial NV | New | 14.68% | +14.68 |
| CCEP Coca-Cola Europacific Partne | New | 7.80% | +7.80 |
| C Citigroup Inc. | New | 7.12% | +7.12 |
| PNC PNC Financial Services Group | Add +111.8% | 13.17% | +6.06 |
| IFF Intl Flavors & Fragrances | New | 4.32% | +4.32 |
| AMZN Amazon.com Inc. | New | 3.60% | +3.60 |
| CRH CRH PLC | Add +61.1% | 12.13% | +2.55 |
| UBS UBS Group AG-Reg | Add +121.5% | 4.64% | +2.23 |
| ACN Accenture PLC Class A | New | 0.92% | +0.92 |
| MDB Mongodb Inc. | New | 0.75% | +0.75 |
| CRM Salesforce Inc. | New | 0.50% | +0.50 |
| ALC Alcon Inc. | Add +41.5% | 1.30% | +0.36 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $276.7M | SW, FER, SPOT, DB, AZN |
| Q1 2026 | 32 | $489.2M | UBS, SW, AZN, FER, META |
| Q4 2025 | 34 | $475.3M | CRH, BAC, FER, UBS, LIN |
| Q3 2025 | 34 | $296.7M | CRH, FER, JPM, PNC, UBS |
| Q2 2025 | 26 | $256.2M | CRH, UBS, BAC, PNC, CCEP |
| Q1 2025Amended | 26 | $171.8M | UBS, PNC, CCEP, CRH, STLA |
| Q4 2024 | 27 | $175.7M | UBS, PNC, CCEP, FER, CRH |
| Q3 2024 | 18 | $124.9M | UBS, BAC, CCEP, STLA, TMUS |
| Q2 2024 | 18 | $142.6M | STLA, FER, PNC, CRH, CCEP |
| Q1 2024 | 13 | $129.6M | STLA, TMUS, CRH, PNC, JPM |