Impax Asset Management Group plc

Name: Impax Asset Management Group plc 13F holdings, Q2 2024
Creator: Impax Asset Management Group plc
Published: 2024-11-08

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed November 8, 2024), Impax Asset Management Group plc reported 315 stock positions worth $24.6 billion. Its top holding was Microsoft (MSFT) at 5.0% of the portfolio, followed by Linde (LIN, 4.1%) and American Water Works (AWK, 3.6%). Compared with Q1 2024, it opened 40 new positions, sold out of 33, added to 63 and reduced 141. The biggest buy was Nvidia (NVDA, shares +254%) and the biggest sale Linde (LIN, shares −14%).

Most Recent 13F: Q2 2026
Location: LONDON, X0
CIK: 0001749768
Portfolio Value: $24.6B (Q2 2024)
SEC Filing: 0001749768-24-000028 ↗ filed Nov 8, 2024

Holdings Value

Holdings 315 stocks · $24.6B


MSFT Microsoft Corp.	5.05%	2,776,866	$1.2B	Reduce -9.0%
LIN Linde PLC	4.14%	2,317,564	$1.0B	Reduce -13.6%
AWK American Water Works Co. Inc.	3.62%	6,902,257	$890.4M	Add +3.7%
PNR Pentair PLC	2.77%	8,884,546	$679.9M	Reduce -3.8%
AMAT Applied Materials Inc.	2.47%	2,572,750	$606.3M	Reduce -5.3%
NVDA Nvidia Corp.	2.44%	4,860,749	$599.9M	Add +254.1%
CTAS Cintas Corp.	2.22%	780,922	$546.0M	Reduce -12.3%
TEL Te Connectivity Ltd.	2.13%	3,485,014	$523.6M	Reduce -6.1%
MA Mastercard Inc. Class A	1.90%	1,060,027	$466.5M	Reduce -9.7%
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC	1.78%	6,225,071	$437.9M	Reduce -10.7%
VLTO Veralto Corp.	1.71%	4,398,920	$419.3M	Reduce -0.8%
TMO Thermo Fisher Scientific Inc.	1.61%	719,071	$396.7M	Add +2.0%
IEX Idex Corp.	1.61%	1,960,982	$394.5M	Reduce -0.1%
URI United Rentals Inc.	1.55%	588,343	$379.9M	Reduce -2.5%
MRSH Marsh & McLennan Cos	1.47%	1,716,610	$360.8M	Add +14.2%
BSX Boston Scientific Corp.	1.46%	4,654,771	$357.6M	Add +4.3%
CDNS Cadence Design SYS Inc.	1.42%	1,137,036	$349.2M	Add +4.0%
WM Waste Management Inc.	1.41%	1,618,394	$345.3M	Reduce -6.8%
IQV Iqvia Holdings Inc.	1.40%	1,635,201	$345.0M	Add +19.3%
HUBB Hubbell Inc.	1.37%	922,801	$337.0M	Add +53.8%
WMS Advanced Drainage Systems Inc.	1.35%	2,076,276	$332.3M	Reduce -12.7%
ADI Analog Devices Inc.	1.32%	1,426,015	$324.7M	Reduce -8.0%
ORCL Oracle Corp.	1.30%	2,272,140	$320.2M	Add +19.6%
A Agilent Technologies Inc.	1.30%	2,464,382	$319.5M	Add +8.5%
DHR Danaher Corp.	1.29%	1,270,598	$316.8M	Reduce -19.7%
V Visa Inc. Class A	1.23%	1,154,850	$302.5M	Reduce -4.7%
HDB HDFC Bank Ltd.-ADR	1.18%	4,535,334	$291.0M	Reduce -29.2%
RNR Renaissancere Holdings Ltd.	1.16%	1,282,270	$286.0M	Add +7.7%
WTS Watts Water Technologies-A	1.15%	1,539,720	$281.7M	Reduce -2.8%
RSG Republic Services Inc.	1.14%	1,440,793	$280.0M	Reduce -22.2%
MTD Mettler-Toledo International	1.10%	194,221	$271.4M	Reduce -2.2%
AOS Smith (a.o.) Corp.	1.08%	3,249,211	$265.7M	No change
CARR Carrier Global Corp.	1.08%	4,209,507	$265.5M	Reduce -4.5%
TXN Texas Instruments Inc.	1.08%	1,363,440	$265.2M	Reduce -8.8%
MSCI MSCI Inc.	1.07%	545,875	$262.4M	Reduce -15.4%
STE Steris PLC	1.02%	1,150,517	$251.7M	Add +29.7%
ZWS Zurn Elkay Water Solutions C	1.01%	8,454,863	$248.0M	Reduce -6.1%
CGNX Cognex Corp.	0.97%	5,098,711	$237.8M	Add +32.8%
ADSK Autodesk Inc.	0.94%	933,134	$230.9M	Reduce -8.4%
XYL Xylem Inc.	0.92%	1,661,991	$225.4M	Reduce -15.7%
BDX Becton Dickinson and Co.	0.91%	962,530	$224.4M	Reduce -2.4%
SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI	0.85%	15,625,276	$209.6M	Reduce -3.4%
PTC PTC Inc.	0.84%	1,141,782	$206.1M	Add +4.4%
COO The Cooper Cos Inc.	0.84%	2,359,798	$205.5M	Add +31.0%
WAT Waters Corp.	0.81%	685,286	$198.8M	Reduce -4.1%
RYN Rayonier Inc.	0.80%	6,815,188	$197.2M	Add +17.3%
MAS Masco Corp.	0.77%	2,855,056	$190.3M	Add +10.0%
LFUS Littelfuse Inc.	0.75%	728,256	$185.1M	Reduce -6.8%
ECL Ecolab Inc.	0.74%	760,887	$181.1M	Reduce -12.6%
TT Trane Technologies PLC	0.73%	548,232	$180.3M	Reduce -18.8%
ANSS Ansys Inc.	0.73%	558,789	$179.7M	Reduce -7.0%
MPWR Monolithic Power Systems Inc.	0.71%	212,185	$173.3M	Reduce -12.9%
CHE Chemed Corp.	0.70%	317,943	$172.5M	Add +19.5%
SRCL Stericycle Inc.	0.69%	2,925,141	$168.6M	Reduce -6.4%
ORA Ormat Technologies Inc.	0.68%	2,327,482	$165.9M	Reduce -14.4%
ACM Aecom	0.63%	1,752,487	$154.5M	Add +15.5%
KLAC KLA Corp.	0.60%	179,262	$147.8M	Reduce -0.5%
RGEN Repligen Corp.	0.57%	1,126,878	$141.1M	Add +65.5%
ALTR Altair Engineering Inc. Class A	0.56%	1,406,654	$137.1M	Reduce -15.2%
VMI Valmont Industries	0.55%	492,948	$135.3M	Reduce -47.6%
AAPL Apple Inc.	0.55%	636,368	$134.0M	Reduce -22.8%
SNPS Synopsys Inc.	0.54%	222,887	$132.6M	New
LII Lennox International Inc.	0.53%	246,150	$131.0M	Reduce -15.1%
TRMB Trimble Inc.	0.53%	2,321,511	$129.1M	Reduce -15.5%
GNRC Generac Holdings Inc.	0.52%	965,788	$127.0M	Reduce -17.0%
SITE Siteone Landscape Supply Inc.	0.51%	1,040,908	$126.4M	Add +28.3%
GOOGL Alphabet Inc. Class A	0.51%	681,898	$124.2M	Reduce -19.1%
DAR Darling Ingredients Inc.	0.50%	3,384,468	$123.8M	Reduce -5.3%
CCK Crown Holdings Inc.	0.50%	1,663,044	$123.7M	Reduce -14.6%
GPK Graphic Packaging Holding Co.	0.49%	4,617,204	$120.1M	Reduce -6.3%
MWA Mueller Water Products Inc. Class A	0.46%	6,335,721	$113.5M	Reduce -29.5%
CLH Clean Harbors Inc.	0.41%	445,840	$99.7M	Reduce -21.2%
FELE Franklin Electric Co. Inc.	0.39%	991,250	$95.5M	No change
BMI Badger Meter Inc.	0.37%	495,005	$91.7M	Reduce -26.0%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA	0.28%	734,935	$70.0M	Reduce -49.9%
JPM JPMorgan Chase & Co.	0.28%	338,351	$68.4M	Reduce -17.2%
AZEK The Azek Co. Inc.	0.28%	1,629,726	$68.0M	Reduce -11.6%
MRK Merck & Co. Inc.	0.26%	523,413	$64.8M	Reduce -17.6%
MKC McCormick & Co.-Non VTG SHRS	0.26%	900,056	$63.8M	Reduce -27.4%
NOW ServiceNow Inc.	0.26%	80,406	$63.3M	Add +6.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.25%	616,211	$61.2M	Reduce -6.8%
VOYA Voya Financial Inc.	0.24%	830,959	$59.1M	Reduce -20.3%
ABT Abbott Laboratories	0.23%	554,854	$57.7M	Reduce -17.9%
VRT Vertiv Holdings Co. Class A	0.23%	663,818	$57.5M	Reduce -22.7%
PG The Procter & Gamble Co.	0.22%	332,023	$54.8M	Reduce -21.4%
CSL Carlisle Cos Inc.	0.22%	132,571	$53.7M	Reduce -16.9%
HRI Herc Holdings Inc. filed as HERC HLDGS INC	0.21%	391,066	$51.6M	Reduce -2.1%
DCI Donaldson Co. Inc.	0.21%	717,863	$50.8M	Reduce -9.5%
BALL Ball Corp.	0.20%	821,583	$49.3M	Reduce -6.4%
CRM Salesforce Inc.	0.19%	180,528	$46.4M	Reduce -17.8%
TREX Trex Company Inc.	0.17%	570,099	$42.3M	Add +11.9%
CME Cme Group Inc.	0.17%	207,722	$40.8M	Reduce -19.9%
PLD Prologis Inc.	0.15%	337,970	$38.0M	Add +8.4%
UPS United Parcel Service Class B	0.15%	273,946	$37.5M	Reduce -8.1%
MRVL Marvell Technology Inc.	0.15%	534,200	$37.3M	Reduce -30.6%
FERG Ferguson Jersey Ltd.	0.15%	192,507	$37.3M	Reduce -24.4%
SON Sonoco Products Co.	0.15%	709,627	$36.0M	Reduce -7.2%
PANW Palo Alto Networks Inc.	0.14%	103,885	$35.2M	Reduce -22.1%
HLT Hilton Worldwide Holdings Inc.	0.14%	159,603	$34.8M	Reduce -38.0%
LOW Lowe's Cos Inc.	0.14%	151,001	$33.3M	Reduce -18.3%

Show all 315 holdings

Portfolio Sells Q1 2024 → Q2 2024


LIN Linde PLC	Reduce -13.6%	4.14%	−0.63
APTV Aptiv Irish Holdings Ltd.	Reduce -10.7%	1.78%	−0.34
MSCI MSCI Inc.	Reduce -15.4%	1.07%	−0.31
VMI Valmont Industries	Reduce -47.6%	0.55%	−0.27
MA Mastercard Inc. Class A	Reduce -9.7%	1.90%	−0.26
PNR Pentair PLC	Reduce -3.8%	2.77%	−0.25
IEX Idex Corp.	Reduce -0.1%	1.61%	−0.23
DHR Danaher Corp.	Reduce -19.7%	1.29%	−0.22
RSG Republic Services Inc.	Reduce -22.2%	1.14%	−0.22
WMS Advanced Drainage Systems Inc.	Reduce -12.7%	1.35%	−0.21
IFF Intl Flavors & Fragrances	Reduce -49.9%	0.28%	−0.20
SBS Cia Saneamento Basico DE-ADR	Reduce -3.4%	0.85%	−0.19
HDB HDFC Bank Ltd.-ADR	Reduce -29.2%	1.18%	−0.18
SEDG Solaredge Technologies Inc.	Reduce -0.7%	0.10%	−0.16
CWT California Water Service Grp	Sold out	0.00%	−0.15
TRMB Trimble Inc.	Reduce -15.5%	0.53%	−0.15
ZWS Zurn Elkay Water Solutions C	Reduce -6.1%	1.01%	−0.14
WTS Watts Water Technologies-A	Reduce -2.8%	1.15%	−0.14
WAT Waters Corp.	Reduce -4.1%	0.81%	−0.13
DAR Darling Ingredients Inc.	Reduce -5.3%	0.50%	−0.13
CL Colgate-Palmolive Co.	Reduce -68.2%	0.07%	−0.12
URI United Rentals Inc.	Reduce -2.5%	1.55%	−0.12
CTAS Cintas Corp.	Reduce -12.3%	2.22%	−0.12
CYRX Cryoport Inc.	Reduce -12.8%	0.06%	−0.11
MKC McCormick & Co.-Non VTG SHRS	Reduce -27.4%	0.26%	−0.10
GOOG Alphabet Inc. Class C	Reduce -90.4%	0.01%	−0.10
MWA Mueller Water Products Inc. Class A	Reduce -29.5%	0.46%	−0.09
CCK Crown Holdings Inc.	Reduce -14.6%	0.50%	−0.09
CVS CVS Health Corp.	Reduce -24.1%	0.12%	−0.08
OTIS Otis Worldwide Corp.	Reduce -63.6%	0.05%	−0.08
ADSK Autodesk Inc.	Reduce -8.4%	0.94%	−0.08
AZEK The Azek Co. Inc.	Reduce -11.6%	0.28%	−0.07
WRK Westrock Co.	Sold out	0.00%	−0.07
HLT Hilton Worldwide Holdings Inc.	Reduce -38.0%	0.14%	−0.07
ANSS Ansys Inc.	Reduce -7.0%	0.73%	−0.07
AXONICS INC	Sold out	0.00%	−0.06
CRM Salesforce Inc.	Reduce -17.8%	0.19%	−0.06
DELL Dell Technologies -C	Reduce -49.7%	0.12%	−0.06
FERG Ferguson Jersey Ltd.	Reduce -24.4%	0.15%	−0.06
DIS The Walt Disney Co.	Reduce -6.8%	0.25%	−0.06
V Visa Inc. Class A	Reduce -4.7%	1.23%	−0.06
ABT Abbott Laboratories	Reduce -17.9%	0.23%	−0.06
XYL Xylem Inc.	Reduce -15.7%	0.92%	−0.06
GPK Graphic Packaging Holding Co.	Reduce -6.3%	0.49%	−0.06
MRK Merck & Co. Inc.	Reduce -17.6%	0.26%	−0.06
MRVL Marvell Technology Inc.	Reduce -30.6%	0.15%	−0.06
TGT Target Corp.	Reduce -20.1%	0.13%	−0.05
VOYA Voya Financial Inc.	Reduce -20.3%	0.24%	−0.05
BAX Baxter International Inc.	Reduce -20.4%	0.10%	−0.05
AVTR Avantor Inc.	Reduce -18.9%	0.13%	−0.05

Portfolio Buys Q1 2024 → Q2 2024


NVDA Nvidia Corp.	Add +254.1%	2.44%	+1.97
SNPS Synopsys Inc.	New	0.54%	+0.54
AWK American Water Works Co. Inc.	Add +3.7%	3.62%	+0.52
HUBB Hubbell Inc.	Add +53.8%	1.37%	+0.42
ORCL Oracle Corp.	Add +19.6%	1.30%	+0.39
CGNX Cognex Corp.	Add +32.8%	0.97%	+0.34
BSX Boston Scientific Corp.	Add +4.3%	1.46%	+0.29
MRSH Marsh & McLennan Cos	Add +14.2%	1.47%	+0.29
STE Steris PLC	Add +29.7%	1.02%	+0.26
COO The Cooper Cos Inc.	Add +31.0%	0.84%	+0.14
CDNS Cadence Design SYS Inc.	Add +4.0%	1.42%	+0.12
SWK Stanley Black & Decker Inc.	New	0.12%	+0.12
RGEN Repligen Corp.	Add +65.5%	0.57%	+0.10
RNR Renaissancere Holdings Ltd.	Add +7.7%	1.16%	+0.10
GIS General Mills Inc.	Add +209.6%	0.13%	+0.08
IQV Iqvia Holdings Inc.	Add +19.3%	1.40%	+0.08
CNH CNH Industrial NV	New	0.07%	+0.07
RYN Rayonier Inc.	Add +17.3%	0.80%	+0.07
ACM Aecom	Add +15.5%	0.63%	+0.06
PTC PTC Inc.	Add +4.4%	0.84%	+0.05
TMO Thermo Fisher Scientific Inc.	Add +2.0%	1.61%	+0.05
CHE Chemed Corp.	Add +19.5%	0.70%	+0.05
EXTR Extreme Networks Inc.	Add +274.8%	0.05%	+0.04
NOW ServiceNow Inc.	Add +6.7%	0.26%	+0.04
A Agilent Technologies Inc.	Add +8.5%	1.30%	+0.04
INSP Inspire Medical Systems Inc.	New	0.03%	+0.03
AAON Aaon Inc.	New	0.03%	+0.03
QGEN Qiagen NV	New	0.03%	+0.03
WH Wyndham Hotels & Resorts Inc.	New	0.03%	+0.03
NTCT Netscout Systems Inc.	New	0.03%	+0.03
CYTK Cytokinetics Inc.	New	0.03%	+0.03
BIIB Biogen Inc.	New	0.03%	+0.03
LGND Ligand Pharmaceuticals	Add +9.8%	0.10%	+0.02
ALV Autoliv Inc.	New	0.02%	+0.02
UNP Union Pacific Corp.	New	0.02%	+0.02
REGN Regeneron Pharmaceuticals	New	0.02%	+0.02
ENFN Enfusion Inc. Class A	New	0.02%	+0.02
RCL Royal Caribbean Cruises Ltd.	New	0.02%	+0.02
ROK Rockwell Automation Inc.	Add +236.2%	0.02%	+0.02
GILD Gilead Sciences Inc.	Add +39.7%	0.05%	+0.01
TRS Trimas Corp.	New	0.01%	+0.01
PGR Progressive Corp.	Add +31.6%	0.04%	+0.01
IDXX Idexx Laboratories Inc.	Add +332.4%	0.01%	+0.01
PLNT Planet Fitness Inc. Class A	Add +6.2%	0.04%	+0.01
HIG Hartford Insurance Group Inc.	Add +105.1%	0.01%	+0.01
DECK Deckers Outdoor Corp.	Add +64.2%	0.02%	+0.01
CRI Carter's Inc.	Add +51.6%	0.03%	+0.00
ENPH Enphase Energy Inc.	Add +19.8%	0.08%	+0.00
LULU Lululemon Athletica Inc.	Add +39.7%	0.03%	+0.00
C Citigroup Inc.	Add +0.7%	0.04%	+0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	284	$15.4B	KLAC, NVDA, LIN, XYL, MSFT
Q1 2026	287	$14.3B	LIN, NVDA, XYL, KLAC, MSFT
Q4 2025	279	$16.0B	LIN, MSFT, XYL, NVDA, HUBB
Q3 2025	275	$17.1B	LIN, MSFT, XYL, NVDA, VLTO
Q2 2025	280	$17.4B	LIN, MSFT, XYL, NVDA, PNR
Q1 2025	295	$16.6B	LIN, MSFT, XYL, NVDA, PNR
Q4 2024	312	$22.1B	MSFT, LIN, NVDA, XYL, AWK
Q3 2024Amended	313	$25.4B	MSFT, LIN, AWK, PNR, NVDA
Q2 2024Amended	315	$24.6B	MSFT, LIN, AWK, PNR, AMAT
Q1 2024	308	$26.1B	MSFT, LIN, AWK, PNR, CTAS