Machina Capital S.A.S.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Machina Capital S.A.S. reported 304 stock positions worth $480.7 million. Its top holding was Liberty Broadband-C (LBRDK) at 2.8% of the portfolio, followed by Liberty Media Corp.-Liberty-C (LLYVK, 1.4%) and Broadcom (AVGO, 1.3%). Compared with Q1 2025, it opened 141 new positions, sold out of 112, added to 101 and reduced 62. The biggest buy was a new position in Intuit (INTU) and the biggest sale Merck (MRK, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0001744373
- Portfolio Value
- $480.7M (Q2 2025)
- SEC Filing
- 0001085146-25-004517 ↗ filed Aug 5, 2025
Holdings Value
Holdings 304 stocks · $480.7M
| LBRDK Liberty Broadband-C | 2.78% | 135,741 | $13.4M | Add +42.7% |
| LLYVK Liberty Media Corp.-Liberty-C | 1.45% | 85,806 | $7.0M | Add +99.9% |
| AVGO Broadcom Inc. | 1.28% | 22,379 | $6.2M | Add +177.4% |
| CMCSA Comcast Corp. Class A | 1.27% | 170,748 | $6.1M | Add +165.0% |
| PFE Pfizer Inc. | 1.24% | 245,222 | $5.9M | Add +308.1% |
| MSI Motorola Solutions Inc. | 1.22% | 13,948 | $5.9M | Add +345.3% |
| AME Ametek Inc. | 1.13% | 29,957 | $5.4M | Add +84.3% |
| NRG NRG Energy Inc. | 1.10% | 32,974 | $5.3M | Add +285.8% |
| ADBE Adobe Inc. | 1.07% | 13,344 | $5.2M | Add +443.3% |
| LIN Linde PLC | 1.04% | 10,671 | $5.0M | Add +789.3% |
| PNC PNC Financial Services Group | 1.03% | 26,551 | $4.9M | Reduce -8.2% |
| USB US Bancorp | 1.02% | 108,827 | $4.9M | Add +7.7% |
| SCHW Schwab (charles) Corp. | 1.01% | 53,310 | $4.9M | Add +131.8% |
| JNJ Johnson & Johnson | 1.00% | 31,328 | $4.8M | Add +115.6% |
| LMT Lockheed Martin Corp. | 0.99% | 10,325 | $4.8M | Add +97.2% |
| ICE Intercontinental Exchange Inc. | 0.97% | 25,517 | $4.7M | Add +43.9% |
| DHR Danaher Corp. | 0.94% | 22,892 | $4.5M | Add +56.0% |
| INTU Intuit Inc. | 0.92% | 5,630 | $4.4M | New |
| ABBV Abbvie Inc. | 0.91% | 23,497 | $4.4M | Add +516.2% |
| WM Waste Management Inc. | 0.91% | 19,058 | $4.4M | New |
| COF Capital One Financial Corp. | 0.90% | 20,251 | $4.3M | New |
| MCD McDonald's Corp. | 0.86% | 14,208 | $4.2M | New |
| JCI Johnson Controls Internation | 0.86% | 39,245 | $4.1M | Add +14.6% |
| EA Electronic Arts Inc. | 0.85% | 25,617 | $4.1M | New |
| ABNB Airbnb Inc. Class A | 0.82% | 29,837 | $3.9M | Add +2.2% |
| ANSS Ansys Inc. | 0.81% | 11,109 | $3.9M | Add +38.9% |
| EW Edwards Lifesciences Corp. | 0.81% | 49,711 | $3.9M | New |
| GOOGL Alphabet Inc. Class A | 0.80% | 21,855 | $3.9M | Add +28.3% |
| MU Micron Technology Inc. | 0.80% | 31,178 | $3.8M | New |
| WELL Welltower Inc. | 0.78% | 24,523 | $3.8M | Add +100.3% |
| HON Honeywell International Inc. | 0.78% | 16,122 | $3.8M | Add +25.7% |
| CSCO Cisco Systems Inc. | 0.77% | 53,145 | $3.7M | Reduce -12.6% |
| MDT Medtronic PLC | 0.76% | 41,888 | $3.7M | Add +37.8% |
| CRM Salesforce Inc. | 0.75% | 13,183 | $3.6M | Add +410.6% |
| AMCR Amcor PLC | 0.71% | 371,368 | $3.4M | Add +1724.1% |
| INVH Invitation Homes Inc. | 0.71% | 103,711 | $3.4M | New |
| AMD Advanced Micro Devices | 0.68% | 22,940 | $3.3M | Add +8.5% |
| TT Trane Technologies PLC | 0.68% | 7,423 | $3.2M | Reduce -17.3% |
| CNC Centene Corp. | 0.66% | 58,760 | $3.2M | New |
| PGR Progressive Corp. | 0.65% | 11,754 | $3.1M | New |
| MSCI MSCI Inc. | 0.65% | 5,402 | $3.1M | Add +48.7% |
| PEP Pepsico Inc. | 0.64% | 23,354 | $3.1M | Reduce -7.4% |
| PLTR Palantir Technologies Inc. Class A | 0.64% | 22,531 | $3.1M | Reduce -6.8% |
| VLTO Veralto Corp. | 0.63% | 30,193 | $3.0M | Add +221.1% |
| PG The Procter & Gamble Co. | 0.61% | 18,490 | $2.9M | Reduce -17.2% |
| ED Consolidated Edison Inc. | 0.61% | 29,170 | $2.9M | New |
| UPS United Parcel Service Class B | 0.61% | 28,912 | $2.9M | Add +67.0% |
| OTIS Otis Worldwide Corp. | 0.61% | 29,452 | $2.9M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.58% | 5,720 | $2.8M | New |
| KDP Keurig Dr Pepper Inc. | 0.58% | 83,643 | $2.8M | Add +5.3% |
| KEYS Keysight Technologies Inc. | 0.56% | 16,517 | $2.7M | New |
| CLX Clorox Company | 0.56% | 22,525 | $2.7M | Add +248.0% |
| NDAQ Nasdaq Inc. | 0.56% | 30,220 | $2.7M | Add +82.7% |
| VZ Verizon Communications Inc. | 0.56% | 62,347 | $2.7M | New |
| BMY Bristol-Myers Squibb Co. | 0.56% | 58,036 | $2.7M | New |
| RBLX Roblox Corp. Class A | 0.55% | 25,241 | $2.7M | New |
| AS Amer Sports Inc. | 0.55% | 68,403 | $2.7M | Add +386.2% |
| GD General Dynamics Corp. | 0.55% | 9,081 | $2.6M | Add +34.2% |
| APH Amphenol Corp. Class A | 0.55% | 26,796 | $2.6M | Reduce -7.9% |
| HD Home Depot Inc. | 0.54% | 7,128 | $2.6M | New |
| BSX Boston Scientific Corp. | 0.53% | 23,793 | $2.6M | Reduce -18.5% |
| C Citigroup Inc. | 0.53% | 29,898 | $2.5M | New |
| KVUE Kenvue Inc. | 0.53% | 121,431 | $2.5M | Add +697.0% |
| FTV Fortive Corp. | 0.52% | 48,002 | $2.5M | New |
| CCL Carnival Corp. | 0.50% | 85,898 | $2.4M | New |
| PSX Phillips 66 | 0.50% | 20,234 | $2.4M | New |
| ROK Rockwell Automation Inc. | 0.50% | 7,199 | $2.4M | New |
| SPGI S&P Global Inc. | 0.50% | 4,521 | $2.4M | Add +22.3% |
| CDNS Cadence Design SYS Inc. | 0.49% | 7,634 | $2.4M | New |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.48% | 2,227 | $2.3M | New |
| WAB Wabtec Corp. | 0.48% | 10,974 | $2.3M | Add +126.6% |
| IEX Idex Corp. | 0.48% | 13,071 | $2.3M | Add +74.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.48% | 48,295 | $2.3M | Add +98.0% |
| HES Hess Corp. | 0.47% | 16,480 | $2.3M | Add +13.1% |
| FISV Fiserv Inc. | 0.47% | 13,221 | $2.3M | New |
| COR Cencora Inc. | 0.47% | 7,579 | $2.3M | New |
| UNP Union Pacific Corp. | 0.47% | 9,793 | $2.3M | Add +35.7% |
| XEL Xcel Energy Inc. | 0.46% | 32,511 | $2.2M | New |
| GPN Global Payments Inc. | 0.46% | 27,601 | $2.2M | Add +5.6% |
| ADSK Autodesk Inc. | 0.46% | 7,100 | $2.2M | Add +20.8% |
| CME Cme Group Inc. | 0.45% | 7,908 | $2.2M | New |
| MOH Molina Healthcare Inc. | 0.44% | 7,138 | $2.1M | New |
| GM General Motors Co. | 0.44% | 42,947 | $2.1M | Add +90.7% |
| BR Broadridge Financial Solutio | 0.44% | 8,687 | $2.1M | Add +16.0% |
| EQIX Equinix Inc. | 0.44% | 2,636 | $2.1M | Add +52.0% |
| DD Dupont DE Nemours Inc. | 0.44% | 30,535 | $2.1M | Reduce -28.9% |
| BX Blackstone Inc. | 0.44% | 13,991 | $2.1M | Add +665.4% |
| ISRG Intuitive Surgical Inc. | 0.43% | 3,844 | $2.1M | New |
| OKE Oneok Inc. | 0.43% | 25,476 | $2.1M | New |
| PANW Palo Alto Networks Inc. | 0.43% | 10,137 | $2.1M | New |
| TSN Tyson Foods Inc. Class A | 0.43% | 37,080 | $2.1M | Add +29.7% |
| ADI Analog Devices Inc. | 0.43% | 8,624 | $2.1M | Reduce -40.1% |
| IT Gartner Inc. | 0.41% | 4,875 | $2.0M | Reduce -1.6% |
| YUM Yum! Brands Inc. | 0.41% | 13,217 | $2.0M | Add +42.5% |
| FERG Ferguson Enterprises Inc. | 0.40% | 8,746 | $1.9M | Add +179.4% |
| LLY Eli Lilly & Co. | 0.40% | 2,443 | $1.9M | Add +35.4% |
| TEAM Atlassian Corp. Class A | 0.40% | 9,376 | $1.9M | Add +203.0% |
| MNST Monster Beverage Corp. | 0.39% | 30,021 | $1.9M | New |
| SRE Sempra | 0.39% | 24,496 | $1.9M | New |
| O Realty Income Corp. | 0.38% | 31,884 | $1.8M | Add +28.4% |
Portfolio Sells Q1 2025 → Q2 2025
| MRK Merck & Co. Inc. | Reduce -87.9% | 0.09% | −1.16 |
| CL Colgate-Palmolive Co. | Sold out | 0.00% | −1.07 |
| CTAS Cintas Corp. | Sold out | 0.00% | −1.06 |
| AON Aon PLC Class A | Reduce -71.8% | 0.23% | −1.05 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −1.02 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.97 |
| CPNG Coupang Inc. | Reduce -80.3% | 0.20% | −0.88 |
| ECL Ecolab Inc. | Sold out | 0.00% | −0.88 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.80 |
| GE General Electric | Sold out | 0.00% | −0.79 |
| ADP Automatic Data Processing | Reduce -90.2% | 0.06% | −0.78 |
| MA Mastercard Inc. Class A | Reduce -81.5% | 0.11% | −0.72 |
| GEHC GE Healthcare Technology | Reduce -84.8% | 0.07% | −0.61 |
| MCK McKesson Corp. | Reduce -75.0% | 0.14% | −0.61 |
| GEN Gen Digital Inc. | Sold out | 0.00% | −0.61 |
| TGT Target Corp. | Sold out | 0.00% | −0.61 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.58 |
| MCO Moody's Corp. | Reduce -70.1% | 0.16% | −0.54 |
| NVDA Nvidia Corp. | Reduce -92.0% | 0.05% | −0.52 |
| KMB Kimberly-Clark Corp. | Reduce -76.3% | 0.09% | −0.52 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.52 |
| PG The Procter & Gamble Co. | Reduce -17.2% | 0.61% | −0.52 |
| DD Dupont DE Nemours Inc. | Reduce -28.9% | 0.44% | −0.52 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.51 |
| PKG Packaging Corp. of America | Reduce -56.8% | 0.20% | −0.50 |
| STT State Street Corp. | Sold out | 0.00% | −0.50 |
| GLW Corning Inc. | Reduce -47.0% | 0.36% | −0.49 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.48 |
| SYF Synchrony Financial | Sold out | 0.00% | −0.48 |
| PEP Pepsico Inc. | Reduce -7.4% | 0.64% | −0.48 |
| PNC PNC Financial Services Group | Reduce -8.2% | 1.03% | −0.48 |
| NI Nisource Inc. | Reduce -70.8% | 0.12% | −0.48 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.47 |
| CRH CRH PLC | Sold out | 0.00% | −0.47 |
| NWSA News Corp. Class A | Sold out | 0.00% | −0.47 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.47 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.46 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.45 |
| RMD Resmed Inc. | Sold out | 0.00% | −0.44 |
| ADI Analog Devices Inc. | Reduce -40.1% | 0.43% | −0.43 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.43 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.43 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −0.41 |
| PNR Pentair PLC | Sold out | 0.00% | −0.40 |
| CMI Cummins Inc. | Reduce -72.4% | 0.10% | −0.39 |
| XYZ Block Inc. | Reduce -58.4% | 0.22% | −0.38 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.37 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -36.4% | 0.34% | −0.36 |
| SSNC Ss&c Technologies Holdings | Sold out | 0.00% | −0.35 |
| CSCO Cisco Systems Inc. | Reduce -12.6% | 0.77% | −0.35 |
Portfolio Buys Q1 2025 → Q2 2025
| INTU Intuit Inc. | New | 0.92% | +0.92 |
| WM Waste Management Inc. | New | 0.91% | +0.91 |
| COF Capital One Financial Corp. | New | 0.90% | +0.90 |
| AVGO Broadcom Inc. | Add +177.4% | 1.28% | +0.88 |
| LIN Linde PLC | Add +789.3% | 1.04% | +0.88 |
| MCD McDonald's Corp. | New | 0.86% | +0.86 |
| NRG NRG Energy Inc. | Add +285.8% | 1.10% | +0.86 |
| EA Electronic Arts Inc. | New | 0.85% | +0.85 |
| MSI Motorola Solutions Inc. | Add +345.3% | 1.22% | +0.81 |
| EW Edwards Lifesciences Corp. | New | 0.81% | +0.81 |
| MU Micron Technology Inc. | New | 0.80% | +0.80 |
| ADBE Adobe Inc. | Add +443.3% | 1.07% | +0.79 |
| PFE Pfizer Inc. | Add +308.1% | 1.24% | +0.78 |
| INVH Invitation Homes Inc. | New | 0.71% | +0.71 |
| ABBV Abbvie Inc. | Add +516.2% | 0.91% | +0.67 |
| CNC Centene Corp. | New | 0.66% | +0.66 |
| PGR Progressive Corp. | New | 0.65% | +0.65 |
| AMCR Amcor PLC | Add +1724.1% | 0.71% | +0.65 |
| ED Consolidated Edison Inc. | New | 0.61% | +0.61 |
| OTIS Otis Worldwide Corp. | New | 0.61% | +0.61 |
| LLYVK Liberty Media Corp.-Liberty-C | Add +99.9% | 1.45% | +0.58 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.58% | +0.58 |
| KEYS Keysight Technologies Inc. | New | 0.56% | +0.56 |
| CMCSA Comcast Corp. Class A | Add +165.0% | 1.27% | +0.56 |
| VZ Verizon Communications Inc. | New | 0.56% | +0.56 |
| BMY Bristol-Myers Squibb Co. | New | 0.56% | +0.56 |
| RBLX Roblox Corp. Class A | New | 0.55% | +0.55 |
| HD Home Depot Inc. | New | 0.54% | +0.54 |
| CRM Salesforce Inc. | Add +410.6% | 0.75% | +0.54 |
| C Citigroup Inc. | New | 0.53% | +0.53 |
| FTV Fortive Corp. | New | 0.52% | +0.52 |
| CCL Carnival Corp. | New | 0.50% | +0.50 |
| PSX Phillips 66 | New | 0.50% | +0.50 |
| ROK Rockwell Automation Inc. | New | 0.50% | +0.50 |
| CDNS Cadence Design SYS Inc. | New | 0.49% | +0.49 |
| GWW WW Grainger Inc. | New | 0.48% | +0.48 |
| SCHW Schwab (charles) Corp. | Add +131.8% | 1.01% | +0.48 |
| FISV Fiserv Inc. | New | 0.47% | +0.47 |
| COR Cencora Inc. | New | 0.47% | +0.47 |
| XEL Xcel Energy Inc. | New | 0.46% | +0.46 |
| CME Cme Group Inc. | New | 0.45% | +0.45 |
| MOH Molina Healthcare Inc. | New | 0.44% | +0.44 |
| AS Amer Sports Inc. | Add +386.2% | 0.55% | +0.44 |
| ISRG Intuitive Surgical Inc. | New | 0.43% | +0.43 |
| OKE Oneok Inc. | New | 0.43% | +0.43 |
| PANW Palo Alto Networks Inc. | New | 0.43% | +0.43 |
| KVUE Kenvue Inc. | Add +697.0% | 0.53% | +0.42 |
| MNST Monster Beverage Corp. | New | 0.39% | +0.39 |
| SRE Sempra | New | 0.39% | +0.39 |
| KMX Carmax Inc. | New | 0.38% | +0.38 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 368 | $631.1M | CVX, GD, RTX, AMT, CB |
| Q1 2026 | 353 | $508.4M | VST, OTIS, TJX, CVX, EA |
| Q4 2025 | 341 | $523.9M | GD, OTIS, LBRDK, MO, NOC |
| Q3 2025 | 314 | $568.4M | LBRDK, AVGO, CMCSA, CB, CRM |
| Q2 2025 | 304 | $480.7M | LBRDK, LLYVK, AVGO, CMCSA, PFE |
| Q1 2025 | 275 | $337.1M | LBRDK, PNC, AON, USB, MRK |
| Q4 2024 | 265 | $237.5M | LBRDK, TT, HES, LLYVK, CSCO |
| Q3 2024 | 273 | $251.3M | LBRDK, MSI, ICE, PFE, BDX |
| Q2 2024 | 255 | $222.9M | LBRDK, BDX, SPGI, CRM, TMO |
| Q1 2024 | 243 | $189.9M | LBRDK, SHW, ALL, PM, SLB |