Machina Capital S.A.S.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), Machina Capital S.A.S. reported 273 stock positions worth $251.3 million. Its top holding was Liberty Broadband-C (LBRDK) at 2.8% of the portfolio, followed by Motorola Solutions (MSI, 1.3%) and Intercontinental Exchange (ICE, 1.2%). Compared with Q2 2024, it opened 118 new positions, sold out of 100, added to 75 and reduced 79. The biggest buy was a new position in Pfizer (PFE) and the biggest sale PayPal (PYPL, shares −89%).

Most Recent 13F
Q2 2026
Location
PARIS, I0
CIK
0001744373
Portfolio Value
$251.3M (Q3 2024)
SEC Filing
0001085146-24-005403 ↗ filed Nov 7, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $189.9M Q1 2024 Q2 2024: $222.9M Q2 2024 Q3 2024: $251.3M $251.3M Q3 2024 Q4 2024: $237.5M Q4 2024 Q1 2025: $337.1M Q1 2025 Q2 2025: $480.7M Q2 2025 Q3 2025: $568.4M Q3 2025 Q4 2025: $523.9M Q4 2025 Q1 2026: $508.4M Q1 2026 Q2 2026: $631.1M Q2 2026

Holdings 273 stocks · $251.3M
LBRDK Liberty Broadband-C 2.84% 92,332 $7.1M Reduce -0.7%
MSI Motorola Solutions Inc. 1.26% 7,029 $3.2M Add +86.5%
ICE Intercontinental Exchange Inc. 1.23% 19,237 $3.1M Add +96.6%
PFE Pfizer Inc. 1.23% 106,756 $3.1M New
BDX Becton Dickinson and Co. 1.16% 12,121 $2.9M Reduce -25.9%
JNPR Juniper Networks Inc. 1.16% 74,913 $2.9M Add +32.5%
JNJ Johnson & Johnson 1.09% 16,892 $2.7M New
SHW The Sherwin-Williams Co. 1.04% 6,827 $2.6M Add +74.9%
SPGI S&P Global Inc. 0.98% 4,783 $2.5M Reduce -31.1%
MU Micron Technology Inc. 0.98% 23,661 $2.5M Add +146.2%
MCK McKesson Corp. 0.94% 4,783 $2.4M Add +42.4%
J Jacobs Solutions Inc. 0.93% 17,857 $2.3M New
MCO Moody's Corp. 0.93% 4,915 $2.3M New
BSX Boston Scientific Corp. 0.90% 26,840 $2.2M Add +230.0%
MA Mastercard Inc. Class A 0.88% 4,494 $2.2M Reduce -13.8%
LLYVK Liberty Media Corp.-Liberty-C 0.88% 42,924 $2.2M No change
FTV Fortive Corp. 0.87% 27,847 $2.2M Add +17.9%
AIG American International Group 0.85% 29,268 $2.1M Add +250.3%
VLTO Veralto Corp. 0.85% 19,098 $2.1M Add +58.0%
MO Altria Group Inc. 0.85% 41,853 $2.1M Add +74.5%
SNA Snap-on Inc. 0.85% 7,334 $2.1M Add +273.0%
ADP Automatic Data Processing 0.84% 7,668 $2.1M Add +124.6%
ROST Ross Stores Inc. 0.84% 14,065 $2.1M Add +290.6%
KDP Keurig Dr Pepper Inc. 0.84% 56,157 $2.1M Add +185.2%
TMO Thermo Fisher Scientific Inc. 0.84% 3,402 $2.1M Reduce -32.8%
APH Amphenol Corp. Class A 0.82% 31,670 $2.1M Add +32.1%
CI The Cigna Group 0.80% 5,781 $2.0M Reduce -4.3%
TT Trane Technologies PLC 0.80% 5,146 $2.0M New
NVDA Nvidia Corp. 0.78% 16,116 $2.0M Add +206.6%
PH Parker Hannifin Corp. 0.75% 2,976 $1.9M Reduce -28.0%
DOV Dover Corp. 0.73% 9,595 $1.8M New
NTAP Netapp Inc. 0.73% 14,769 $1.8M Add +61.3%
DVN Devon Energy Corp. 0.72% 46,302 $1.8M Add +31.4%
CL Colgate-Palmolive Co. 0.70% 17,048 $1.8M Add +541.6%
VRSN Verisign Inc. 0.70% 9,276 $1.8M Reduce -23.3%
PGR Progressive Corp. 0.68% 6,708 $1.7M Reduce -26.3%
ANSS Ansys Inc. 0.67% 5,255 $1.7M Add +28.7%
USB US Bancorp 0.66% 35,999 $1.6M Add +121.6%
WAB Wabtec Corp. 0.65% 9,016 $1.6M Reduce -33.9%
ROP Roper Technologies Inc. 0.65% 2,925 $1.6M Add +203.7%
AVGO Broadcom Inc. 0.64% 9,393 $1.6M Reduce -28.0%
XEL Xcel Energy Inc. 0.64% 24,521 $1.6M Add +13.4%
V Visa Inc. Class A 0.63% 5,800 $1.6M Add +8.8%
LDOS Leidos Holdings Inc. 0.62% 9,539 $1.6M Reduce -45.2%
SPOT Spotify Technology SA 0.61% 4,193 $1.5M Reduce -11.0%
MRSH Marsh & McLennan Cos 0.61% 6,846 $1.5M New
AMGN Amgen Inc. 0.60% 4,673 $1.5M New
INTU Intuit Inc. 0.59% 2,400 $1.5M Add +180.7%
SWKS Skyworks Solutions Inc. 0.57% 14,602 $1.4M Add +389.7%
NEM Newmont Corp. 0.57% 26,885 $1.4M New
PM Philip Morris International 0.57% 11,764 $1.4M Add +357.4%
CFG Citizens Financial Group 0.57% 34,760 $1.4M New
UNP Union Pacific Corp. 0.56% 5,688 $1.4M Reduce -18.4%
CME Cme Group Inc. 0.56% 6,349 $1.4M Reduce -22.5%
SCCO Southern Copper Corp. 0.56% 12,082 $1.4M Add +419.7%
EXR Extra Space Storage Inc. 0.55% 7,708 $1.4M New
BMY Bristol-Myers Squibb Co. 0.55% 26,752 $1.4M Reduce -21.8%
ELV Elevance Health Inc. 0.55% 2,639 $1.4M New
TRV The Travelers Cos Inc. 0.53% 5,665 $1.3M New
NRG NRG Energy Inc. 0.53% 14,552 $1.3M Reduce -28.3%
CTAS Cintas Corp. 0.52% 6,370 $1.3M Add +384.0%
TGT Target Corp. 0.52% 8,391 $1.3M New
HD Home Depot Inc. 0.52% 3,204 $1.3M Add +132.2%
AME Ametek Inc. 0.51% 7,524 $1.3M Add +161.2%
DUK Duke Energy Corp. 0.51% 11,168 $1.3M New
PEG Public Service Enterprise GP 0.51% 14,398 $1.3M New
GILD Gilead Sciences Inc. 0.51% 15,239 $1.3M Reduce -19.6%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.51% 12,130 $1.3M Add +155.8%
ROK Rockwell Automation Inc. 0.51% 4,728 $1.3M New
WM Waste Management Inc. 0.50% 6,061 $1.3M Add +125.8%
XYL Xylem Inc. 0.50% 9,262 $1.3M New
AMT American Tower Corp. 0.49% 5,335 $1.2M New
VZ Verizon Communications Inc. 0.49% 27,495 $1.2M Add +106.8%
HES Hess Corp. 0.49% 9,087 $1.2M Add +38.2%
RSG Republic Services Inc. 0.48% 6,012 $1.2M Add +118.1%
KMB Kimberly-Clark Corp. 0.48% 8,394 $1.2M Add +53.0%
GD General Dynamics Corp. 0.47% 3,949 $1.2M Add +34.8%
AAPL Apple Inc. 0.47% 5,092 $1.2M New
EMR Emerson Electric Co. 0.47% 10,686 $1.2M Add +108.2%
MKL Markel Group Inc. 0.46% 742 $1.2M Add +18.1%
PPG PPG Industries Inc. 0.46% 8,755 $1.2M Add +0.4%
ZBH Zimmer Biomet Holdings Inc. 0.45% 10,580 $1.1M Add +103.9%
ANET Arista Networks Inc. 0.44% 2,904 $1.1M New
OKE Oneok Inc. 0.44% 12,005 $1.1M New
PEP Pepsico Inc. 0.42% 6,268 $1.1M Add +190.2%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.42% 1,025 $1.1M New
HON Honeywell International Inc. 0.41% 5,031 $1.0M Add +52.6%
LIN Linde PLC 0.41% 2,140 $1.0M New
CMS CMS Energy Corp. 0.40% 14,359 $1.0M New
CTSH Cognizant Tech Solutions-A 0.40% 13,103 $1.0M New
BIIB Biogen Inc. 0.40% 5,144 $997K New
CRM Salesforce Inc. 0.40% 3,634 $995K Reduce -68.4%
C Citigroup Inc. 0.39% 15,765 $987K New
UPS United Parcel Service Class B 0.39% 7,179 $979K Reduce -48.4%
HUM Humana Inc. 0.39% 3,088 $978K New
HBAN Huntington Bancshares Inc. 0.38% 65,452 $962K Add +48.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.38% 8,179 $961K New
KMX Carmax Inc. 0.37% 12,148 $940K New
FERG Ferguson Enterprises Inc. 0.37% 4,732 $940K New
HPE Hewlett Packard Enterprise 0.37% 45,470 $930K Reduce -31.6%

Show all 273 holdings

Portfolio Sells Q2 2024 → Q3 2024
PYPL PayPal Holdings Inc. Reduce -88.7% 0.16% −1.03
DIS The Walt Disney Co. Sold out 0.00% −1.02
MRK Merck & Co. Inc. Reduce -90.2% 0.08% −0.96
CRM Salesforce Inc. Reduce -68.4% 0.40% −0.93
ACN Accenture PLC Class A Sold out 0.00% −0.88
WMB Williams Cos Inc. Sold out 0.00% −0.85
LRCX Lam Research Corp. Sold out 0.00% −0.74
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.69
XOM Exxon Mobil Corp. Reduce -60.3% 0.37% −0.66
DOW Dow Inc. Sold out 0.00% −0.65
ABBV Abbvie Inc. Sold out 0.00% −0.64
HOLX Hologic Inc. Sold out 0.00% −0.62
GIS General Mills Inc. Sold out 0.00% −0.60
AMP Ameriprise Financial Inc. Sold out 0.00% −0.58
ABT Abbott Laboratories Sold out 0.00% −0.57
AMZN Amazon.com Inc. Sold out 0.00% −0.56
BDX Becton Dickinson and Co. Reduce -25.9% 1.16% −0.55
LVS Las Vegas Sands Corp. Sold out 0.00% −0.54
CAG Conagra Brands Inc. Sold out 0.00% −0.54
BKNG Booking Holdings Inc. Sold out 0.00% −0.54
PNC PNC Financial Services Group Sold out 0.00% −0.53
KVUE Kenvue Inc. Sold out 0.00% −0.53
MSFT Microsoft Corp. Sold out 0.00% −0.52
LDOS Leidos Holdings Inc. Reduce -45.2% 0.62% −0.52
WEC WEC Energy Group Inc. Sold out 0.00% −0.51
CDW CDW Corp. Sold out 0.00% −0.50
IEX Idex Corp. Reduce -63.9% 0.25% −0.49
MPC Marathon Petroleum Corp. Sold out 0.00% −0.48
ALNY Alnylam Pharmaceuticals Inc. Sold out 0.00% −0.47
UPS United Parcel Service Class B Reduce -48.4% 0.39% −0.47
STT State Street Corp. Sold out 0.00% −0.46
CBRE CBRE Group Inc. Class A Sold out 0.00% −0.46
WDAY Workday Inc. Class A Reduce -68.1% 0.20% −0.46
AON Aon PLC Class A Sold out 0.00% −0.45
VRTX Vertex Pharmaceuticals Inc. Sold out 0.00% −0.45
KHC The Kraft Heinz Co. Reduce -78.5% 0.12% −0.44
DT Dynatrace Inc. Sold out 0.00% −0.42
AIZ Assurant Inc. Sold out 0.00% −0.42
TMO Thermo Fisher Scientific Inc. Reduce -32.8% 0.84% −0.42
PNR Pentair PLC Sold out 0.00% −0.42
TMUS T-Mobile US Inc. Sold out 0.00% −0.41
EL Estee Lauder Companies Class A Reduce -71.3% 0.13% −0.41
LOW Lowe's Cos Inc. Reduce -79.3% 0.12% −0.41
SPGI S&P Global Inc. Reduce -31.1% 0.98% −0.41
BAC Bank of America Corp. Reduce -55.4% 0.26% −0.40
MOH Molina Healthcare Inc. Sold out 0.00% −0.40
PWR Quanta Services Inc. Sold out 0.00% −0.39
FFIV F5 Inc. Sold out 0.00% −0.39
NSC Norfolk Southern Corp. Sold out 0.00% −0.39
LPLA LPL Financial Holdings Inc. Sold out 0.00% −0.39

Portfolio Buys Q2 2024 → Q3 2024
PFE Pfizer Inc. New 1.23% +1.23
JNJ Johnson & Johnson New 1.09% +1.09
J Jacobs Solutions Inc. New 0.93% +0.93
MCO Moody's Corp. New 0.93% +0.93
TT Trane Technologies PLC New 0.80% +0.80
DOV Dover Corp. New 0.73% +0.73
ICE Intercontinental Exchange Inc. Add +96.6% 1.23% +0.63
SNA Snap-on Inc. Add +273.0% 0.85% +0.61
BSX Boston Scientific Corp. Add +230.0% 0.90% +0.61
MRSH Marsh & McLennan Cos New 0.61% +0.61
ROST Ross Stores Inc. Add +290.6% 0.84% +0.61
MSI Motorola Solutions Inc. Add +86.5% 1.26% +0.60
AMGN Amgen Inc. New 0.60% +0.60
CL Colgate-Palmolive Co. Add +541.6% 0.70% +0.59
AIG American International Group Add +250.3% 0.85% +0.57
NEM Newmont Corp. New 0.57% +0.57
CFG Citizens Financial Group New 0.57% +0.57
EXR Extra Space Storage Inc. New 0.55% +0.55
ELV Elevance Health Inc. New 0.55% +0.55
KDP Keurig Dr Pepper Inc. Add +185.2% 0.84% +0.54
TRV The Travelers Cos Inc. New 0.53% +0.53
TGT Target Corp. New 0.52% +0.52
SHW The Sherwin-Williams Co. Add +74.9% 1.04% +0.51
DUK Duke Energy Corp. New 0.51% +0.51
PEG Public Service Enterprise GP New 0.51% +0.51
ROK Rockwell Automation Inc. New 0.51% +0.51
XYL Xylem Inc. New 0.50% +0.50
AMT American Tower Corp. New 0.49% +0.49
NVDA Nvidia Corp. Add +206.6% 0.78% +0.49
ADP Automatic Data Processing Add +124.6% 0.84% +0.48
AAPL Apple Inc. New 0.47% +0.47
PM Philip Morris International Add +357.4% 0.57% +0.45
SCCO Southern Copper Corp. Add +419.7% 0.56% +0.44
ANET Arista Networks Inc. New 0.44% +0.44
OKE Oneok Inc. New 0.44% +0.44
SWKS Skyworks Solutions Inc. Add +389.7% 0.57% +0.43
GWW WW Grainger Inc. New 0.42% +0.42
CTAS Cintas Corp. Add +384.0% 0.52% +0.42
MU Micron Technology Inc. Add +146.2% 0.98% +0.41
LIN Linde PLC New 0.41% +0.41
ROP Roper Technologies Inc. Add +203.7% 0.65% +0.40
CMS CMS Energy Corp. New 0.40% +0.40
CTSH Cognizant Tech Solutions-A New 0.40% +0.40
BIIB Biogen Inc. New 0.40% +0.40
C Citigroup Inc. New 0.39% +0.39
HUM Humana Inc. New 0.39% +0.39
TJX TJX Companies Inc. New 0.38% +0.38
KMX Carmax Inc. New 0.37% +0.37
FERG Ferguson Enterprises Inc. New 0.37% +0.37
USB US Bancorp Add +121.6% 0.66% +0.37

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 368$631.1MCVX, GD, RTX, AMT, CB
Q1 2026 353$508.4MVST, OTIS, TJX, CVX, EA
Q4 2025 341$523.9MGD, OTIS, LBRDK, MO, NOC
Q3 2025 314$568.4MLBRDK, AVGO, CMCSA, CB, CRM
Q2 2025 304$480.7MLBRDK, LLYVK, AVGO, CMCSA, PFE
Q1 2025 275$337.1MLBRDK, PNC, AON, USB, MRK
Q4 2024 265$237.5MLBRDK, TT, HES, LLYVK, CSCO
Q3 2024 273$251.3MLBRDK, MSI, ICE, PFE, BDX
Q2 2024 255$222.9MLBRDK, BDX, SPGI, CRM, TMO
Q1 2024 243$189.9MLBRDK, SHW, ALL, PM, SLB