LBP Am SA
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 16, 2024), LBP Am SA reported 315 stock positions worth $2.5 billion. Its top holding was Microsoft (MSFT) at 8.0% of the portfolio, followed by Nvidia (NVDA, 6.1%) and Apple (AAPL, 5.2%). Compared with Q4 2023, it opened 33 new positions, sold out of 138, added to 91 and reduced 190. The biggest buy was Home Depot (HD, shares +30%) and the biggest sale an exit from T-Mobile US (TMUS).
- Most Recent 13F
- Q2 2026
- Location
- Paris, I0
- CIK
- 0001970075
- Portfolio Value
- $2.5B (Q1 2024)
- SEC Filing
- 0001725547-24-002173 ↗ filed May 16, 2024
Holdings Value
Holdings 315 stocks · $2.5B
| MSFT Microsoft Corp. | 7.97% | 475,268 | $200.0M | Reduce -48.9% |
| NVDA Nvidia Corp. | 6.12% | 170,112 | $153.7M | Reduce -46.5% |
| AAPL Apple Inc. | 5.25% | 767,718 | $131.6M | Reduce -7.7% |
| AMZN Amazon.com Inc. | 3.46% | 481,641 | $86.9M | Reduce -21.6% |
| META Meta Platforms Inc. Class A | 2.47% | 127,507 | $61.9M | Reduce -19.0% |
| GOOG Alphabet Inc. Class C | 2.30% | 379,079 | $57.7M | Reduce -13.8% |
| LIN Linde PLC | 2.19% | 118,356 | $55.0M | Reduce -31.8% |
| JPM JPMorgan Chase & Co. | 1.74% | 218,611 | $43.8M | Reduce -4.5% |
| AVGO Broadcom Inc. | 1.63% | 30,859 | $40.9M | Reduce -40.1% |
| V Visa Inc. Class A | 1.42% | 127,775 | $35.7M | Reduce -61.6% |
| MA Mastercard Inc. Class A | 1.38% | 71,826 | $34.6M | Reduce -58.7% |
| LLY Eli Lilly & Co. | 1.31% | 42,284 | $32.9M | Reduce -13.6% |
| GOOGL Alphabet Inc. Class A | 1.23% | 203,907 | $30.8M | Reduce -9.1% |
| HD Home Depot Inc. | 1.22% | 79,604 | $30.5M | Add +30.4% |
| JNJ Johnson & Johnson | 1.19% | 189,274 | $29.9M | Reduce -60.0% |
| MRK Merck & Co. Inc. | 1.17% | 222,206 | $29.3M | Reduce -56.5% |
| PG The Procter & Gamble Co. | 1.01% | 156,914 | $25.5M | Reduce -58.1% |
| ETN Eaton Corp. PLC | 1.01% | 81,336 | $25.4M | Add +43.7% |
| TSLA Tesla Inc. | 1.01% | 144,108 | $25.3M | Reduce -17.2% |
| UNH Unitedhealth Group Inc. | 0.99% | 50,330 | $24.9M | Reduce -22.5% |
| PEP Pepsico Inc. | 0.96% | 138,051 | $24.2M | Reduce -58.6% |
| CRM Salesforce Inc. | 0.91% | 76,064 | $22.9M | Reduce -65.7% |
| COST Costco Wholesale Corp. | 0.90% | 30,838 | $22.6M | Add +18.8% |
| ABBV Abbvie Inc. | 0.87% | 120,469 | $21.9M | Reduce -18.0% |
| KO The Coca-Cola Co. | 0.87% | 358,547 | $21.9M | Reduce -64.3% |
| CSCO Cisco Systems Inc. | 0.80% | 404,312 | $20.2M | Reduce -43.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.78% | 102,903 | $19.7M | Reduce -3.6% |
| MCD McDonald's Corp. | 0.77% | 68,879 | $19.4M | Reduce -64.8% |
| EMR Emerson Electric Co. | 0.77% | 170,820 | $19.4M | Add +20.5% |
| ACN Accenture PLC Class A | 0.72% | 52,221 | $18.1M | Reduce -36.3% |
| ABT Abbott Laboratories | 0.72% | 159,174 | $18.1M | Reduce -65.4% |
| CL Colgate-Palmolive Co. | 0.70% | 194,458 | $17.5M | Add +19.0% |
| VZ Verizon Communications Inc. | 0.69% | 414,448 | $17.4M | Reduce -8.7% |
| XYL Xylem Inc. | 0.69% | 134,036 | $17.3M | Add +11.9% |
| AMGN Amgen Inc. | 0.68% | 60,069 | $17.1M | Reduce -1.6% |
| OKE Oneok Inc. | 0.66% | 205,764 | $16.5M | Add +24.6% |
| HON Honeywell International Inc. | 0.65% | 79,753 | $16.4M | Reduce -1.2% |
| BKR Baker Hughes Co. | 0.63% | 470,488 | $15.8M | Add +52.4% |
| AXP American Express Co. | 0.62% | 68,040 | $15.5M | Add +33.8% |
| ADP Automatic Data Processing | 0.61% | 61,519 | $15.4M | Reduce -47.9% |
| AMD Advanced Micro Devices | 0.61% | 84,511 | $15.3M | Reduce -55.5% |
| UNP Union Pacific Corp. | 0.55% | 55,625 | $13.7M | Reduce -9.9% |
| AMAT Applied Materials Inc. | 0.54% | 66,245 | $13.7M | Reduce -56.3% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.54% | 246,773 | $13.5M | Add +35.3% |
| SRE Sempra | 0.53% | 184,768 | $13.3M | Add +98.2% |
| RTX RTX Corp. | 0.51% | 131,972 | $12.9M | Add +6.2% |
| CAT Caterpillar Inc. | 0.51% | 34,988 | $12.8M | Reduce -19.9% |
| ADBE Adobe Inc. | 0.51% | 25,379 | $12.8M | Reduce -72.0% |
| NEE Nextera Energy Inc. | 0.51% | 198,541 | $12.7M | Reduce -69.4% |
| PFE Pfizer Inc. | 0.49% | 446,828 | $12.4M | Reduce -2.9% |
| GE General Electric | 0.48% | 68,572 | $12.0M | Add +28.6% |
| PRU Prudential Financial Inc. | 0.46% | 99,330 | $11.7M | Reduce -4.7% |
| OMC Omnicom Group | 0.45% | 115,621 | $11.2M | Add +103.7% |
| BSX Boston Scientific Corp. | 0.45% | 163,112 | $11.2M | Reduce -70.7% |
| NFLX Netflix Inc. | 0.44% | 18,357 | $11.1M | Reduce -7.3% |
| UPS United Parcel Service Class B | 0.43% | 72,546 | $10.8M | Reduce -25.1% |
| QCOM Qualcomm Inc. | 0.43% | 63,652 | $10.8M | Reduce -5.5% |
| BBY Best Buy Co. Inc. | 0.43% | 130,537 | $10.7M | Reduce -7.8% |
| HST Host Hotels & Resorts Inc. | 0.42% | 505,577 | $10.5M | Add +610.6% |
| ALL Allstate Corp. | 0.42% | 60,302 | $10.4M | Add +142.2% |
| COR Cencora Inc. | 0.41% | 42,663 | $10.4M | Reduce -17.8% |
| WMB Williams Cos Inc. | 0.41% | 262,285 | $10.2M | Reduce -16.8% |
| CLH Clean Harbors Inc. | 0.39% | 48,473 | $9.8M | Reduce -4.8% |
| ORCL Oracle Corp. | 0.38% | 76,089 | $9.6M | Reduce -52.5% |
| SPGI S&P Global Inc. | 0.38% | 22,236 | $9.5M | Reduce -77.3% |
| HPQ HP Inc. | 0.37% | 306,266 | $9.3M | Add +38.4% |
| T AT&T Inc. | 0.36% | 514,389 | $9.1M | Reduce -81.7% |
| UBER Uber Technologies Inc. | 0.36% | 117,510 | $9.0M | Add +126.8% |
| CVS CVS Health Corp. | 0.36% | 113,180 | $9.0M | Reduce -16.0% |
| NDAQ Nasdaq Inc. | 0.35% | 140,742 | $8.9M | Add +448.4% |
| CI The Cigna Group | 0.35% | 23,921 | $8.7M | Add +116.3% |
| PAYX Paychex Inc. | 0.35% | 70,688 | $8.7M | Reduce -0.6% |
| PGR Progressive Corp. | 0.34% | 41,703 | $8.6M | Add +139.4% |
| NEM Newmont Corp. | 0.34% | 239,009 | $8.6M | Add +19.1% |
| EIX Edison International | 0.33% | 118,562 | $8.4M | Reduce -10.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.33% | 144,154 | $8.3M | Add +87.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.33% | 60,204 | $8.2M | Reduce -72.4% |
| VLO Valero Energy Corp. | 0.32% | 47,646 | $8.1M | Reduce -9.4% |
| BEN Franklin Templeton Inc. | 0.31% | 281,195 | $7.9M | Add +37.6% |
| AER Aercap Holdings NV | 0.31% | 89,608 | $7.8M | Reduce -8.1% |
| HPE Hewlett Packard Enterprise | 0.30% | 431,715 | $7.7M | Add +75.4% |
| GEN Gen Digital Inc. | 0.30% | 337,788 | $7.6M | Add +102.5% |
| EXPD Expeditors Intl Wash Inc. | 0.30% | 61,973 | $7.5M | Add +380.0% |
| HAS Hasbro Inc. | 0.30% | 131,632 | $7.4M | Add +56.3% |
| INTC Intel Corp. | 0.30% | 167,841 | $7.4M | Reduce -44.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.29% | 190,084 | $7.2M | Reduce -85.4% |
| PKG Packaging Corp. of America | 0.29% | 37,873 | $7.2M | Add +2.5% |
| TXN Texas Instruments Inc. | 0.29% | 41,136 | $7.2M | Reduce -20.4% |
| SYF Synchrony Financial | 0.28% | 165,396 | $7.1M | Add +159.6% |
| MMM 3M Co. | 0.28% | 65,878 | $7.0M | Reduce -46.5% |
| HOLX Hologic Inc. | 0.27% | 88,473 | $6.9M | Add +91.1% |
| REG Regency Centers Corp. | 0.27% | 113,869 | $6.9M | Add +195.6% |
| CCEP Coca-Cola Europacific Partne | 0.27% | 98,184 | $6.9M | Reduce -22.4% |
| TRV The Travelers Cos Inc. | 0.27% | 29,784 | $6.9M | New |
| C Citigroup Inc. | 0.27% | 105,863 | $6.7M | Reduce -16.3% |
| SNPS Synopsys Inc. | 0.26% | 11,573 | $6.6M | Add +9.9% |
| PSX Phillips 66 | 0.26% | 40,282 | $6.6M | Reduce -44.5% |
| BLK BlackRock Finance Inc. | 0.26% | 7,861 | $6.6M | Reduce -60.8% |
| IP International Paper Co. | 0.26% | 167,677 | $6.5M | Reduce -29.0% |
| VTR Ventas Inc. | 0.26% | 147,004 | $6.4M | New |
Portfolio Sells Q4 2023 → Q1 2024
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.76 |
| NOW ServiceNow Inc. | Reduce -97.8% | 0.03% | −0.76 |
| TMO Thermo Fisher Scientific Inc. | Reduce -97.5% | 0.04% | −0.73 |
| MDT Medtronic PLC | Reduce -93.0% | 0.11% | −0.68 |
| BAC Bank of America Corp. | Reduce -85.4% | 0.29% | −0.68 |
| ADBE Adobe Inc. | Reduce -72.0% | 0.51% | −0.68 |
| T AT&T Inc. | Reduce -81.7% | 0.36% | −0.68 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.65 |
| ICE Intercontinental Exchange Inc. | Reduce -97.3% | 0.04% | −0.64 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.64 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.61 |
| DE Deere & Co. | Sold out | 0.00% | −0.59 |
| DHR Danaher Corp. | Reduce -91.6% | 0.11% | −0.58 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.58 |
| SPGI S&P Global Inc. | Reduce -77.3% | 0.38% | −0.57 |
| AWK American Water Works Co. Inc. | Sold out | 0.00% | −0.56 |
| MCD McDonald's Corp. | Reduce -64.8% | 0.77% | −0.50 |
| INTU Intuit Inc. | Reduce -93.4% | 0.07% | −0.50 |
| V Visa Inc. Class A | Reduce -61.6% | 1.42% | −0.49 |
| PH Parker Hannifin Corp. | Reduce -95.0% | 0.06% | −0.48 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -95.7% | 0.04% | −0.47 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.46 |
| BMY Bristol-Myers Squibb Co. | Reduce -89.3% | 0.12% | −0.45 |
| JNJ Johnson & Johnson | Reduce -60.0% | 1.19% | −0.44 |
| APTV Aptiv Irish Holdings Ltd. | Sold out | 0.00% | −0.44 |
| CP Canadian Pacific Kansas City | Sold out | 0.00% | −0.44 |
| KDP Keurig Dr Pepper Inc. | Reduce -98.4% | 0.01% | −0.43 |
| KO The Coca-Cola Co. | Reduce -64.3% | 0.87% | −0.43 |
| CNI Canadian Natl Railway Co. | Sold out | 0.00% | −0.42 |
| J Jacobs Solutions Inc. | Sold out | 0.00% | −0.41 |
| KEYS Keysight Technologies Inc. | Sold out | 0.00% | −0.40 |
| ABT Abbott Laboratories | Reduce -65.4% | 0.72% | −0.39 |
| STT State Street Corp. | Reduce -95.0% | 0.04% | −0.38 |
| ECL Ecolab Inc. | Reduce -91.3% | 0.08% | −0.37 |
| CRM Salesforce Inc. | Reduce -65.7% | 0.91% | −0.37 |
| LDOS Leidos Holdings Inc. | Sold out | 0.00% | −0.37 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.37 |
| NEE Nextera Energy Inc. | Reduce -69.4% | 0.51% | −0.36 |
| HUM Humana Inc. | Sold out | 0.00% | −0.36 |
| MDLZ Mondelez International Inc. Class A | Reduce -78.8% | 0.21% | −0.36 |
| WY Weyerhaeuser Co. | Reduce -98.0% | 0.01% | −0.35 |
| A Agilent Technologies Inc. | Reduce -92.2% | 0.06% | −0.35 |
| PANW Palo Alto Networks Inc. | Reduce -90.7% | 0.07% | −0.34 |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | Sold out | 0.00% | −0.34 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −0.31 |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | Sold out | 0.00% | −0.30 |
| IR Ingersoll-Rand Inc. | Reduce -82.3% | 0.19% | −0.30 |
| PEP Pepsico Inc. | Reduce -58.6% | 0.96% | −0.29 |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | Sold out | 0.00% | −0.27 |
| BSX Boston Scientific Corp. | Reduce -70.7% | 0.45% | −0.26 |
Portfolio Buys Q4 2023 → Q1 2024
| HD Home Depot Inc. | Add +30.4% | 1.22% | +0.75 |
| ETN Eaton Corp. PLC | Add +43.7% | 1.01% | +0.71 |
| COST Costco Wholesale Corp. | Add +18.8% | 0.90% | +0.52 |
| EMR Emerson Electric Co. | Add +20.5% | 0.77% | +0.47 |
| CL Colgate-Palmolive Co. | Add +19.0% | 0.70% | +0.41 |
| AXP American Express Co. | Add +33.8% | 0.62% | +0.41 |
| OKE Oneok Inc. | Add +24.6% | 0.66% | +0.40 |
| BKR Baker Hughes Co. | Add +52.4% | 0.63% | +0.40 |
| XYL Xylem Inc. | Add +11.9% | 0.69% | +0.39 |
| HST Host Hotels & Resorts Inc. | Add +610.6% | 0.42% | +0.39 |
| SRE Sempra | Add +98.2% | 0.53% | +0.38 |
| ALL Allstate Corp. | Add +142.2% | 0.42% | +0.34 |
| OMC Omnicom Group | Add +103.7% | 0.45% | +0.34 |
| SLB SLB Ltd. | Add +35.3% | 0.54% | +0.33 |
| GE General Electric | Add +28.6% | 0.48% | +0.33 |
| NDAQ Nasdaq Inc. | Add +448.4% | 0.35% | +0.32 |
| UBER Uber Technologies Inc. | Add +126.8% | 0.36% | +0.29 |
| PGR Progressive Corp. | Add +139.4% | 0.34% | +0.28 |
| RTX RTX Corp. | Add +6.2% | 0.51% | +0.28 |
| CI The Cigna Group | Add +116.3% | 0.35% | +0.27 |
| TRV The Travelers Cos Inc. | New | 0.27% | +0.27 |
| EXPD Expeditors Intl Wash Inc. | Add +380.0% | 0.30% | +0.26 |
| VTR Ventas Inc. | New | 0.26% | +0.26 |
| BNY Bank of New York Mellon Corp. | Add +87.0% | 0.33% | +0.24 |
| HBAN Huntington Bancshares Inc. | New | 0.23% | +0.23 |
| SYF Synchrony Financial | Add +159.6% | 0.28% | +0.23 |
| HPQ HP Inc. | Add +38.4% | 0.37% | +0.22 |
| REG Regency Centers Corp. | Add +195.6% | 0.27% | +0.22 |
| GEN Gen Digital Inc. | Add +102.5% | 0.30% | +0.22 |
| HPE Hewlett Packard Enterprise | Add +75.4% | 0.30% | +0.21 |
| BWA Borgwarner Inc. | New | 0.21% | +0.21 |
| HOLX Hologic Inc. | Add +91.1% | 0.27% | +0.20 |
| HAS Hasbro Inc. | Add +56.3% | 0.30% | +0.20 |
| PTC PTC Inc. | Add +149.5% | 0.25% | +0.20 |
| FITB Fifth Third Bancorp | New | 0.19% | +0.19 |
| PFG Principal Financial Group | Add +223.8% | 0.22% | +0.18 |
| XEL Xcel Energy Inc. | Add +1137.6% | 0.19% | +0.18 |
| BEN Franklin Templeton Inc. | Add +37.6% | 0.31% | +0.18 |
| NI Nisource Inc. | Add +132.7% | 0.22% | +0.17 |
| BR Broadridge Financial Solutio | New | 0.17% | +0.17 |
| NEM Newmont Corp. | Add +19.1% | 0.34% | +0.16 |
| PKG Packaging Corp. of America | Add +2.5% | 0.29% | +0.15 |
| VRT Vertiv Holdings Co. Class A | New | 0.15% | +0.15 |
| RF Regions Financial Corp. | New | 0.15% | +0.15 |
| SNPS Synopsys Inc. | Add +9.9% | 0.26% | +0.14 |
| PNC PNC Financial Services Group | Add +16.4% | 0.23% | +0.13 |
| GDDY GoDaddy Inc. Class A | New | 0.12% | +0.12 |
| RRX Regal Rexnord Corp. | New | 0.12% | +0.12 |
| STX Seagate Technology Holdings | Add +217.4% | 0.14% | +0.11 |
| QRVO Qorvo Inc. | Add +172.9% | 0.14% | +0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 392 | $9.8B | NVDA, MSFT, AMZN, AAPL, GOOGL |
| Q1 2026 | 388 | $7.3B | NVDA, MSFT, AMZN, AAPL, V |
| Q4 2025 | 408 | $8.6B | MSFT, NVDA, AMZN, AAPL, V |
| Q3 2025 | 385 | $8.1B | MSFT, NVDA, AMZN, AAPL, V |
| Q2 2025 | 367 | $7.1B | MSFT, NVDA, AMZN, V, AAPL |
| Q1 2025 | 363 | $6.5B | MSFT, NVDA, AMZN, V, AAPL |
| Q4 2024 | 361 | $7.4B | MSFT, NVDA, AMZN, AAPL, V |
| Q3 2024 | 354 | $6.7B | MSFT, NVDA, AMZN, AAPL, V |
| Q2 2024 | 311 | $2.4B | MSFT, NVDA, AAPL, AMZN, GOOG |
| Q1 2024 | 315 | $2.5B | MSFT, NVDA, AAPL, AMZN, META |