Groupe la Francaise
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Groupe la Francaise reported 740 stock positions worth $7.3 billion. Its top holding was Microsoft (MSFT) at 7.8% of the portfolio, followed by Nvidia (NVDA, 7.2%) and Amazon.com (AMZN, 5.0%). Compared with Q2 2025, it opened 384 new positions, sold out of 54, added to 194 and reduced 127. The biggest buy was a new position in Cgi (GIB) and the biggest sale Meta Platforms Class A (META, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0002056088
- Portfolio Value
- $7.3B (Q3 2025)
- SEC Filing
- 0000945621-25-001091 ↗ filed Nov 13, 2025
Holdings Value
Holdings 740 stocks · $7.3B
| MSFT Microsoft Corp. | 7.77% | 1,117,487 | $569.4M | Add +8.5% |
| NVDA Nvidia Corp. | 7.16% | 2,861,405 | $524.6M | Add +9.5% |
| AMZN Amazon.com Inc. | 4.95% | 1,682,485 | $362.7M | Add +22.6% |
| RACE Ferrari NV | 4.71% | 714,436 | $345.5M | Add +20.3% |
| AAPL Apple Inc. | 4.42% | 1,286,765 | $323.7M | Add +12.6% |
| GOOGL Alphabet Inc. Class A | 3.51% | 1,084,488 | $257.3M | Add +8.8% |
| AVGO Broadcom Inc. | 2.71% | 612,179 | $198.4M | Add +6.1% |
| V Visa Inc. Class A | 2.43% | 526,532 | $178.3M | Add +16.7% |
| META Meta Platforms Inc. Class A | 2.34% | 236,626 | $171.7M | Reduce -9.2% |
| CRH CRH PLC | 2.29% | 1,405,175 | $168.0M | Add +34.5% |
| GIB Cgi Inc. | 2.04% | 1,673,460 | $149.3M | New |
| JPM JPMorgan Chase & Co. | 2.00% | 468,289 | $146.3M | Reduce -2.1% |
| ETN Eaton Corp. PLC | 1.90% | 383,599 | $139.1M | Add +8.7% |
| LLY Eli Lilly & Co. | 1.89% | 184,581 | $138.8M | Add +2.1% |
| NFLX Netflix Inc. | 1.66% | 102,162 | $121.4M | Add +35.0% |
| ORCL Oracle Corp. | 1.59% | 417,497 | $116.3M | Add +6.2% |
| WMT Walmart Inc. | 1.57% | 1,124,298 | $114.7M | Reduce -1.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.40% | 373,644 | $102.7M | Reduce -2.0% |
| LIN Linde PLC | 1.37% | 210,980 | $100.3M | Reduce -22.4% |
| GOOG Alphabet Inc. Class C | 1.28% | 386,132 | $93.6M | Reduce -5.0% |
| COST Costco Wholesale Corp. | 1.25% | 99,306 | $91.3M | Add +0.4% |
| ISRG Intuitive Surgical Inc. | 1.19% | 198,988 | $87.4M | Add +35.2% |
| CRM Salesforce Inc. | 1.12% | 348,074 | $81.7M | Add +34.3% |
| KO The Coca-Cola Co. | 1.07% | 1,216,939 | $78.8M | Add +27.1% |
| GE General Electric filed as GE AEROSPACE | 1.01% | 245,435 | $73.8M | Reduce -2.5% |
| NOW ServiceNow Inc. | 0.94% | 75,154 | $69.2M | Add +30.1% |
| BKNG Booking Holdings Inc. | 0.86% | 11,830 | $63.2M | Add +24.5% |
| BSX Boston Scientific Corp. | 0.82% | 615,653 | $60.0M | Reduce -2.6% |
| STLA Stellantis NV | 0.80% | 6,325,702 | $58.5M | Add +32.2% |
| TMO Thermo Fisher Scientific Inc. | 0.79% | 120,989 | $57.8M | Add +57.1% |
| MA Mastercard Inc. Class A | 0.74% | 95,015 | $54.1M | Add +1.8% |
| PANW Palo Alto Networks Inc. | 0.73% | 274,221 | $53.4M | Add +32.1% |
| AXP American Express Co. | 0.70% | 156,643 | $51.7M | Add +0.1% |
| TMUS T-Mobile US Inc. | 0.57% | 175,865 | $42.1M | Add +7.0% |
| UBER Uber Technologies Inc. | 0.55% | 411,599 | $40.2M | Add +3.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.54% | 764,635 | $39.2M | Add +2.3% |
| MSI Motorola Solutions Inc. | 0.52% | 83,556 | $38.2M | Add +3.3% |
| DHR Danaher Corp. | 0.52% | 191,792 | $38.0M | Add +58.7% |
| BLK BlackRock Inc. | 0.47% | 31,133 | $34.5M | Add +23.0% |
| TT Trane Technologies PLC | 0.46% | 81,435 | $33.4M | Add +15.0% |
| MELI MercadoLibre Inc. | 0.43% | 13,363 | $31.2M | Add +1.8% |
| MCD McDonald's Corp. | 0.42% | 105,500 | $31.0M | Add +1.8% |
| AEM Agnico Eagle Mines Ltd. | 0.42% | 184,266 | $30.5M | Add +18.2% |
| PWR Quanta Services Inc. | 0.40% | 70,768 | $29.3M | Add +122.7% |
| CB Chubb Ltd. | 0.40% | 102,920 | $29.1M | Reduce -1.6% |
| ACN Accenture PLC Class A | 0.39% | 129,702 | $28.5M | Add +3.5% |
| SNPS Synopsys Inc. | 0.38% | 56,478 | $27.9M | Reduce -24.5% |
| DB Deutsche Bank AG-Registered | 0.38% | 783,380 | $27.6M | Add +34.7% |
| HD Home Depot Inc. | 0.37% | 67,515 | $27.3M | Reduce -19.0% |
| RL Ralph Lauren Corp. | 0.37% | 85,637 | $26.9M | No change |
| GS Goldman Sachs Group Inc. | 0.37% | 33,659 | $26.8M | Add +34.3% |
| ORLY O'reilly Automotive Inc. | 0.34% | 232,195 | $25.0M | Add +149.0% |
| NEM Newmont Corp. | 0.33% | 290,240 | $24.4M | Add +15.9% |
| WELL Welltower Inc. | 0.31% | 129,299 | $23.0M | Add +21.6% |
| KLAC KLA Corp. | 0.30% | 20,479 | $21.9M | Add +21.6% |
| SPOT Spotify Technology SA | 0.29% | 30,425 | $21.5M | Add +26.1% |
| B Barrick Mining Corp. | 0.29% | 653,216 | $21.3M | Add +3414.0% |
| GEV GE Vernova Inc. | 0.28% | 33,835 | $20.8M | Reduce -13.6% |
| WFC Wells Fargo & Co. | 0.28% | 242,483 | $20.3M | New |
| WM Waste Management Inc. | 0.26% | 92,751 | $19.3M | Add +29.3% |
| SYK Stryker Corp. | 0.26% | 52,021 | $19.2M | Reduce -7.5% |
| DE Deere & Co. | 0.26% | 41,138 | $18.8M | Reduce -1.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.26% | 129,344 | $18.7M | Add +0.4% |
| ANET Arista Networks Inc. | 0.25% | 124,417 | $18.1M | Reduce -46.5% |
| ARM Arm Holdings PLC-ADR | 0.24% | 125,078 | $17.7M | Add +0.8% |
| KGC Kinross Gold Corp. | 0.24% | 714,100 | $17.7M | Add +5.3% |
| HWM Howmet Aerospace Inc. | 0.24% | 89,549 | $17.6M | Add +3.4% |
| CME Cme Group Inc. | 0.24% | 64,760 | $17.5M | Add +44.2% |
| FNV Franco-Nevada Corp. | 0.23% | 76,835 | $17.0M | Add +0.4% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.23% | 397,892 | $17.0M | Add +48.8% |
| PG The Procter & Gamble Co. | 0.23% | 109,353 | $16.7M | Add +6.7% |
| WPM Wheaton Precious Metals Corp. | 0.23% | 148,685 | $16.5M | New |
| RSG Republic Services Inc. | 0.22% | 70,940 | $16.3M | Add +22.0% |
| FISV Fiserv Inc. | 0.22% | 124,737 | $16.1M | Add +23.5% |
| TXN Texas Instruments Inc. | 0.22% | 87,549 | $16.1M | Add +12.3% |
| PGR Progressive Corp. | 0.22% | 65,026 | $16.1M | Add +77.1% |
| GFI Gold Fields Ltd.-Spons ADR | 0.21% | 365,000 | $15.3M | Add +22.5% |
| CDNS Cadence Design SYS Inc. | 0.21% | 42,807 | $15.0M | Reduce -20.0% |
| FSLR First Solar Inc. | 0.20% | 65,239 | $14.4M | Add +46.0% |
| AU Anglogold Ashanti PLC | 0.19% | 197,000 | $13.9M | New |
| VRT Vertiv Holdings Co. Class A | 0.19% | 91,820 | $13.8M | Reduce -15.2% |
| NGD New Gold Inc. | 0.19% | 1,901,000 | $13.6M | Add +3.9% |
| VRNA Verona Pharma Ltd. | 0.19% | 127,309 | $13.6M | New |
| EMR Emerson Electric Co. | 0.18% | 101,147 | $13.3M | Reduce -8.2% |
| NKE Nike Inc. Class B | 0.17% | 177,735 | $12.1M | Add +25.6% |
| AGI Alamos Gold Inc. Class A | 0.16% | 345,051 | $12.0M | Add +3.3% |
| XYL Xylem Inc. | 0.16% | 78,506 | $11.6M | Add +0.7% |
| CP Canadian Pacific Kansas City | 0.16% | 154,649 | $11.5M | Add +2876.3% |
| PH Parker Hannifin Corp. | 0.16% | 15,099 | $11.4M | Reduce -4.2% |
| DDOG Datadog Inc. Class A | 0.15% | 76,131 | $10.8M | Add +27.2% |
| FER Ferrovial NV | 0.14% | 179,947 | $10.3M | Reduce -25.8% |
| MDT Medtronic PLC | 0.14% | 107,804 | $10.2M | Add +556.5% |
| APH Amphenol Corp. Class A | 0.14% | 81,441 | $10.1M | Add +6681.1% |
| AMD Advanced Micro Devices | 0.14% | 63,882 | $10.0M | Add +1.7% |
| CYBR Cyberark Software Ltd./Israel | 0.13% | 20,284 | $9.8M | Add +23.9% |
| IR Ingersoll-Rand Inc. | 0.13% | 117,405 | $9.7M | Reduce -25.9% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.13% | 596,288 | $9.6M | Add +0.1% |
| AWK American Water Works Co. Inc. | 0.13% | 69,078 | $9.6M | Reduce -5.8% |
| PRU Prudential Financial Inc. | 0.13% | 88,890 | $9.2M | Reduce -8.8% |
| MMYT Makemytrip Ltd. | 0.13% | 98,082 | $9.2M | Add +34.1% |
Options reported separately and not counted above: DB puts ($13.2M), C puts ($2.1M), AXP puts ($1.8M), JPM puts ($1.7M), WFC puts ($1.5M), MCD puts ($1.4M), HD puts ($1.3M), GS puts ($1.2M), MS puts ($1.2M), IBM puts ($988K), AZO puts ($864K), DE puts ($823K), and 16 more.
Other holdings (5): bonds, preferreds, convertibles and warrants · $29.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 18,000,000 | $17.5M | Add +24.1% |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 5,800,000 | $5.6M | Add +132.0% |
| TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) | NOTE 0.750% 6/1 · principal | 3,000,000 | $3.9M | No change |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 2,000,000 | $1.9M | No change |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 18,180 | $127K | No change |
Total filed on the 13F, all lines: $7.4B.
Portfolio Sells Q2 2025 → Q3 2025
| META Meta Platforms Inc. Class A | Reduce -9.2% | 2.34% | −0.78 |
| LIN Linde PLC | Reduce -22.4% | 1.37% | −0.71 |
| BSX Boston Scientific Corp. | Reduce -2.6% | 0.82% | −0.29 |
| JPM JPMorgan Chase & Co. | Reduce -2.1% | 2.00% | −0.26 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.25 |
| SNPS Synopsys Inc. | Reduce -24.5% | 0.38% | −0.24 |
| WMT Walmart Inc. | Reduce -1.0% | 1.57% | −0.24 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -72.8% | 0.06% | −0.23 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.20 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.17 |
| WAB Wabtec Corp. | Reduce -98.0% | 0.00% | −0.15 |
| ANET Arista Networks Inc. | Reduce -46.5% | 0.25% | −0.14 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.13 |
| SWTX Springworks Therapeutics Inc. | Sold out | 0.00% | −0.13 |
| HD Home Depot Inc. | Reduce -19.0% | 0.37% | −0.12 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.12 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.12 |
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −0.10 |
| EVRI Everi Holdings Inc. | Sold out | 0.00% | −0.10 |
| SYK Stryker Corp. | Reduce -7.5% | 0.26% | −0.10 |
| CB Chubb Ltd. | Reduce -1.6% | 0.40% | −0.10 |
| AER Aercap Holdings NV | Reduce -99.9% | 0.00% | −0.09 |
| BR Broadridge Financial Solutio | Reduce -99.5% | 0.00% | −0.09 |
| DE Deere & Co. | Reduce -1.3% | 0.26% | −0.09 |
| IR Ingersoll-Rand Inc. | Reduce -25.9% | 0.13% | −0.08 |
| EA Electronic Arts Inc. | Reduce -99.8% | 0.00% | −0.08 |
| ETWO E2OPEN Parent Holdings Inc. | Sold out | 0.00% | −0.07 |
| FER Ferrovial NV | Reduce -25.8% | 0.14% | −0.07 |
| TSCO Tractor Supply Company | Reduce -99.4% | 0.00% | −0.07 |
| CAT Caterpillar Inc. | Reduce -37.0% | 0.11% | −0.07 |
| XYZ Block Inc. | Reduce -32.0% | 0.10% | −0.07 |
| SGRY Surgery Partners Inc. | Sold out | 0.00% | −0.07 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.06 |
| CDNS Cadence Design SYS Inc. | Reduce -20.0% | 0.21% | −0.06 |
| GB Global Blue Group Holding AG | Sold out | 0.00% | −0.06 |
| FYBR Frontier Communications Pare | Reduce -34.9% | 0.08% | −0.06 |
| DECK Deckers Outdoor Corp. | Reduce -23.1% | 0.10% | −0.06 |
| EMR Emerson Electric Co. | Reduce -8.2% | 0.18% | −0.06 |
| PINS Pinterest Inc. Class A | Reduce -99.1% | 0.00% | −0.06 |
| HUBS HubSpot Inc. | Reduce -99.4% | 0.00% | −0.06 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -94.6% | 0.00% | −0.06 |
| INTU Intuit Inc. | Reduce -12.1% | 0.10% | −0.06 |
| FTNT Fortinet Inc. | Reduce -25.7% | 0.05% | −0.05 |
| ESGR Enstar Group Ltd. | Sold out | 0.00% | −0.05 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.05 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.05 |
| GEV GE Vernova Inc. | Reduce -13.6% | 0.28% | −0.05 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.05 |
| BXP BXP Inc. | Sold out | 0.00% | −0.05 |
| ZTS Zoetis Inc. | Reduce -29.3% | 0.05% | −0.05 |
Portfolio Buys Q2 2025 → Q3 2025
| GIB Cgi Inc. | New | 2.04% | +2.04 |
| CRH CRH PLC | Add +34.5% | 2.29% | +0.73 |
| GOOGL Alphabet Inc. Class A | Add +8.8% | 3.51% | +0.66 |
| AAPL Apple Inc. | Add +12.6% | 4.42% | +0.60 |
| NVDA Nvidia Corp. | Add +9.5% | 7.16% | +0.45 |
| B Barrick Mining Corp. | Add +3414.0% | 0.29% | +0.28 |
| WFC Wells Fargo & Co. | New | 0.28% | +0.28 |
| TMO Thermo Fisher Scientific Inc. | Add +57.1% | 0.79% | +0.28 |
| WPM Wheaton Precious Metals Corp. | New | 0.23% | +0.23 |
| ORLY O'reilly Automotive Inc. | Add +149.0% | 0.34% | +0.21 |
| PWR Quanta Services Inc. | Add +122.7% | 0.40% | +0.20 |
| AU Anglogold Ashanti PLC | New | 0.19% | +0.19 |
| ORCL Oracle Corp. | Add +6.2% | 1.59% | +0.19 |
| VRNA Verona Pharma Ltd. | New | 0.19% | +0.19 |
| CP Canadian Pacific Kansas City | Add +2876.3% | 0.16% | +0.15 |
| APH Amphenol Corp. Class A | Add +6681.1% | 0.14% | +0.14 |
| DHR Danaher Corp. | Add +58.7% | 0.52% | +0.13 |
| AVGO Broadcom Inc. | Add +6.1% | 2.71% | +0.12 |
| MDT Medtronic PLC | Add +556.5% | 0.14% | +0.12 |
| AEM Agnico Eagle Mines Ltd. | Add +18.2% | 0.42% | +0.12 |
| GM General Motors Co. | Add +1906.5% | 0.12% | +0.11 |
| PAAS Pan American Silver Corp. | New | 0.10% | +0.10 |
| DB Deutsche Bank AG-Registered | Add +34.7% | 0.38% | +0.10 |
| NEM Newmont Corp. | Add +15.9% | 0.33% | +0.10 |
| GFI Gold Fields Ltd.-Spons ADR | Add +22.5% | 0.21% | +0.09 |
| FSM Fortuna Mining Corp. | New | 0.09% | +0.09 |
| ETNB 89BIO Inc. | New | 0.08% | +0.08 |
| GS Goldman Sachs Group Inc. | Add +34.3% | 0.37% | +0.08 |
| MRUS Merus NV | New | 0.08% | +0.08 |
| FSLR First Solar Inc. | Add +46.0% | 0.20% | +0.08 |
| WNS WNS Holdings Ltd. | New | 0.07% | +0.07 |
| EQX Equinox Gold Corp. | Add +45.6% | 0.12% | +0.07 |
| UNH Unitedhealth Group Inc. | Add +2528.7% | 0.07% | +0.07 |
| SPNS Sapiens International Corp. | New | 0.07% | +0.07 |
| KGC Kinross Gold Corp. | Add +5.3% | 0.24% | +0.07 |
| STX Seagate Technology Holdings | New | 0.07% | +0.07 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.07% | +0.07 |
| IVV iShares Core S&P 500 ETF | New | 0.07% | +0.07 |
| AMZN Amazon.com Inc. | Add +22.6% | 4.95% | +0.06 |
| PGR Progressive Corp. | Add +77.1% | 0.22% | +0.06 |
| EXK Endeavour Silver Corp. | New | 0.06% | +0.06 |
| ABT Abbott Laboratories | Add +224.5% | 0.09% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | Add +697.0% | 0.06% | +0.05 |
| KLAC KLA Corp. | Add +21.6% | 0.30% | +0.05 |
| HAL Halliburton Co. | New | 0.05% | +0.05 |
| NXPI NXP Semiconductors NV | Add +525.6% | 0.06% | +0.05 |
| CNI Canadian Natl Railway Co. | Add +1102.7% | 0.06% | +0.05 |
| K Kellanova | Add +235.6% | 0.08% | +0.05 |
| MPWR Monolithic Power Systems Inc. | New | 0.05% | +0.05 |
| OR Or Royalties Inc. | New | 0.05% | +0.05 |
Options Activity Q2 2025 → Q3 2025
| JPM JPMorgan Chase & Co. | put | Reduce -21.4% | 5,500 | $1.7M |
| IBM Intl Business Machines Corp. | put | Reduce -22.2% | 3,500 | $988K |
| DE Deere & Co. | put | Add +12.5% | 1,800 | $823K |
| ORCL Oracle Corp. | put | Reduce -35.0% | 2,600 | $731K |
| SOHO HOUSE & CO INC | call | Sold out | 86,300 | $638Kbefore exit |
| SERITAGE GROWTH PPTYS | call | Sold out | 200,000 | $602Kbefore exit |
| AAPL Apple Inc. | put | New | 2,000 | $509K |
| LOW Lowe's Cos Inc. | put | Reduce -20.0% | 2,000 | $503K |
| HPE Hewlett Packard Enterprise | put | New | 15,000 | $368K |
| JCI Johnson Controls Internation | put | Reduce -40.0% | 3,000 | $330K |
| CAG Conagra Brands Inc. | put | Reduce -7.9% | 17,500 | $320K |
| CAT Caterpillar Inc. | put | New | 500 | $239K |
| VISA INC | put | Sold out | 600 | $213Kbefore exit |
| DELL Dell Technologies -C | put | New | 1,500 | $208K |
| AVGO Broadcom Inc. | put | Reduce -66.7% | 500 | $165K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Add +24.1% | 18,000,000 | $17.5M |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +132.0% | 5,800,000 | $5.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 445 | $8.1B | NVDA, TTE, MSFT, AAPL, GOOGL |
| Q1 2026 | 416 | $7.1B | TTE, NVDA, MSFT, AAPL, AMZN |
| Q4 2025 | 419 | $6.8B | MSFT, TTE, NVDA, AMZN, AAPL |
| Q3 2025 | 740 | $7.3B | MSFT, NVDA, AMZN, RACE, AAPL |
| Q2 2025 | 410 | $6.1B | MSFT, NVDA, AMZN, RACE, AAPL |
| Q1 2025 | 416 | $4.7B | MSFT, NVDA, RACE, AMZN, AAPL |
| Q4 2024 | 333 | $4.0B | MSFT, NVDA, AMZN, AAPL, GIB |