Machina Capital S.A.S.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 5, 2025), Machina Capital S.A.S. reported 314 stock positions worth $568.4 million. Its top holding was Liberty Broadband-C (LBRDK) at 1.6% of the portfolio, followed by Broadcom (AVGO, 1.3%) and Comcast Class A (CMCSA, 1.3%). Compared with Q2 2025, it opened 137 new positions, sold out of 128, added to 91 and reduced 85. The biggest buy was Chubb (CB, shares +1303%) and the biggest sale an exit from Pfizer (PFE).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0001744373
- Portfolio Value
- $568.4M (Q3 2025)
- SEC Filing
- 0001744373-25-000003 ↗ filed Nov 5, 2025
Holdings Value
Holdings 314 stocks · $568.4M
| LBRDK Liberty Broadband-C | 1.59% | 142,069 | $9.0M | Add +4.7% |
| AVGO Broadcom Inc. | 1.32% | 22,795 | $7.5M | Add +1.9% |
| CMCSA Comcast Corp. Class A | 1.30% | 235,880 | $7.4M | Add +38.1% |
| CB Chubb Ltd. | 1.27% | 25,501 | $7.2M | Add +1303.5% |
| CRM Salesforce Inc. | 1.24% | 29,819 | $7.1M | Add +126.2% |
| ABNB Airbnb Inc. Class A | 1.19% | 55,890 | $6.8M | Add +87.3% |
| ISRG Intuitive Surgical Inc. | 1.15% | 14,595 | $6.5M | Add +279.7% |
| HON Honeywell International Inc. | 1.10% | 29,666 | $6.2M | Add +84.0% |
| WAB Wabtec Corp. | 1.08% | 30,736 | $6.2M | Add +180.1% |
| FISV Fiserv Inc. | 1.07% | 47,170 | $6.1M | Add +256.8% |
| WM Waste Management Inc. | 1.02% | 26,136 | $5.8M | Add +37.1% |
| DHR Danaher Corp. | 1.00% | 28,802 | $5.7M | Add +25.8% |
| CPRT Copart Inc. | 0.99% | 125,182 | $5.6M | Add +311.2% |
| OTIS Otis Worldwide Corp. | 0.99% | 61,288 | $5.6M | Add +108.1% |
| ICE Intercontinental Exchange Inc. | 0.92% | 30,993 | $5.2M | Add +21.5% |
| CSCO Cisco Systems Inc. | 0.91% | 75,392 | $5.2M | Add +41.9% |
| JNJ Johnson & Johnson | 0.90% | 27,667 | $5.1M | Reduce -11.7% |
| CTVA Corteva Inc. | 0.90% | 75,483 | $5.1M | Add +367.0% |
| BSX Boston Scientific Corp. | 0.90% | 52,194 | $5.1M | Add +119.4% |
| EOG EOG Resources Inc. | 0.89% | 45,136 | $5.1M | New |
| BMY Bristol-Myers Squibb Co. | 0.89% | 111,926 | $5.0M | Add +92.9% |
| GD General Dynamics Corp. | 0.88% | 14,741 | $5.0M | Add +62.3% |
| AFL Aflac Inc. | 0.88% | 44,868 | $5.0M | New |
| ADI Analog Devices Inc. | 0.87% | 20,046 | $4.9M | Add +132.4% |
| MCD McDonald's Corp. | 0.85% | 15,956 | $4.8M | Add +12.3% |
| AME Ametek Inc. | 0.81% | 24,365 | $4.6M | Reduce -18.7% |
| KMI Kinder Morgan Inc. | 0.80% | 160,935 | $4.6M | New |
| MO Altria Group Inc. | 0.80% | 68,706 | $4.5M | Add +1830.5% |
| LNG Cheniere Energy Inc. | 0.78% | 18,792 | $4.4M | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.77% | 11,167 | $4.4M | New |
| AON Aon PLC Class A | 0.76% | 12,134 | $4.3M | Add +299.7% |
| CAH Cardinal Health Inc. | 0.75% | 27,054 | $4.2M | Add +248.0% |
| JCI Johnson Controls Internation | 0.74% | 38,106 | $4.2M | Reduce -2.9% |
| MU Micron Technology Inc. | 0.72% | 24,536 | $4.1M | Reduce -21.3% |
| CTAS Cintas Corp. | 0.72% | 19,942 | $4.1M | New |
| ADSK Autodesk Inc. | 0.72% | 12,839 | $4.1M | Add +80.8% |
| MDT Medtronic PLC | 0.71% | 42,634 | $4.1M | Add +1.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.71% | 27,980 | $4.0M | New |
| COF Capital One Financial Corp. | 0.71% | 18,896 | $4.0M | Reduce -6.7% |
| WELL Welltower Inc. | 0.70% | 22,471 | $4.0M | Reduce -8.4% |
| RSG Republic Services Inc. | 0.70% | 17,381 | $4.0M | Add +175.0% |
| LMT Lockheed Martin Corp. | 0.68% | 7,778 | $3.9M | Reduce -24.7% |
| ROP Roper Technologies Inc. | 0.64% | 7,351 | $3.7M | Add +344.7% |
| PLTR Palantir Technologies Inc. Class A | 0.64% | 20,082 | $3.7M | Reduce -10.9% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.64% | 27,031 | $3.6M | New |
| CBRE CBRE Group Inc. Class A | 0.63% | 22,882 | $3.6M | New |
| NEM Newmont Corp. | 0.62% | 42,089 | $3.5M | New |
| NFLX Netflix Inc. | 0.62% | 2,947 | $3.5M | New |
| BA The Boeing Co. | 0.62% | 16,307 | $3.5M | New |
| NRG NRG Energy Inc. | 0.62% | 21,607 | $3.5M | Reduce -34.5% |
| TSN Tyson Foods Inc. Class A | 0.61% | 64,259 | $3.5M | Add +73.3% |
| F Ford Motor Co. filed as FORD MTR CO | 0.61% | 290,952 | $3.5M | Add +1313.4% |
| ECL Ecolab Inc. | 0.60% | 12,368 | $3.4M | New |
| APH Amphenol Corp. Class A | 0.59% | 26,988 | $3.3M | Add +0.7% |
| PG The Procter & Gamble Co. | 0.59% | 21,660 | $3.3M | Add +17.1% |
| KIM Kimco Realty Corp. | 0.58% | 150,918 | $3.3M | Add +596.6% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.57% | 94,352 | $3.2M | New |
| CTSH Cognizant Tech Solutions-A | 0.56% | 47,494 | $3.2M | Add +527.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.55% | 96,715 | $3.2M | New |
| LLYVK Liberty Media Corp.-Liberty-C | 0.54% | 31,828 | $3.1M | Reduce -62.9% |
| FIS Fidelity National Info Serv | 0.54% | 46,658 | $3.1M | New |
| AMD Advanced Micro Devices | 0.54% | 18,850 | $3.0M | Reduce -17.8% |
| GM General Motors Co. | 0.53% | 49,672 | $3.0M | Add +15.7% |
| CRH CRH PLC | 0.52% | 24,838 | $3.0M | New |
| PM Philip Morris International | 0.52% | 18,103 | $2.9M | Add +109.9% |
| CPRI Capri Holdings Ltd. | 0.51% | 144,289 | $2.9M | Add +5.3% |
| AMT American Tower Corp. | 0.51% | 14,927 | $2.9M | New |
| VRSK Verisk Analytics Inc. | 0.50% | 11,359 | $2.9M | New |
| MRSH Marsh & McLennan Cos | 0.50% | 14,140 | $2.8M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.50% | 5,794 | $2.8M | New |
| AEP American Electric Power | 0.50% | 25,224 | $2.8M | Add +84.4% |
| VLTO Veralto Corp. | 0.50% | 26,569 | $2.8M | Reduce -12.0% |
| DOV Dover Corp. | 0.49% | 16,834 | $2.8M | Add +91.8% |
| PODD Insulet Corp. | 0.49% | 8,997 | $2.8M | New |
| USB US Bancorp | 0.48% | 56,792 | $2.7M | Reduce -47.8% |
| INTU Intuit Inc. | 0.48% | 4,011 | $2.7M | Reduce -28.8% |
| TT Trane Technologies PLC | 0.48% | 6,445 | $2.7M | Reduce -13.2% |
| ED Consolidated Edison Inc. | 0.47% | 26,375 | $2.7M | Reduce -9.6% |
| UAL United Airlines Holdings Inc. | 0.47% | 27,423 | $2.6M | New |
| CMI Cummins Inc. | 0.46% | 6,224 | $2.6M | Add +330.7% |
| STT State Street Corp. | 0.46% | 22,601 | $2.6M | New |
| WMB Williams Cos Inc. | 0.46% | 41,213 | $2.6M | Add +122.4% |
| COR Cencora Inc. | 0.46% | 8,334 | $2.6M | Add +10.0% |
| REGN Regeneron Pharmaceuticals | 0.46% | 4,615 | $2.6M | New |
| TEAM Atlassian Corp. Class A | 0.45% | 16,137 | $2.6M | Add +72.1% |
| HAS Hasbro Inc. | 0.45% | 33,896 | $2.6M | New |
| WDC Western Digital Corp. | 0.45% | 21,387 | $2.6M | New |
| VST Vistra Corp. | 0.45% | 13,022 | $2.6M | Add +218.5% |
| ZTS Zoetis Inc. | 0.44% | 17,251 | $2.5M | Add +124.2% |
| GLPI Gaming and Leisure Propertie | 0.42% | 51,636 | $2.4M | Add +85.2% |
| PGR Progressive Corp. | 0.42% | 9,618 | $2.4M | Reduce -18.2% |
| CI The Cigna Group | 0.42% | 8,210 | $2.4M | Add +112.2% |
| PNC PNC Financial Services Group | 0.40% | 11,376 | $2.3M | Reduce -57.1% |
| KKR KKR & Co. Inc. | 0.40% | 17,527 | $2.3M | New |
| GDDY GoDaddy Inc. Class A | 0.40% | 16,641 | $2.3M | Add +70.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 4,525 | $2.3M | Reduce -20.9% |
| PCAR Paccar Inc. | 0.39% | 22,693 | $2.2M | New |
| CME Cme Group Inc. | 0.39% | 8,164 | $2.2M | Add +3.2% |
| NDAQ Nasdaq Inc. | 0.38% | 24,730 | $2.2M | Reduce -18.2% |
| ADBE Adobe Inc. | 0.38% | 6,193 | $2.2M | Reduce -53.6% |
Portfolio Sells Q2 2025 → Q3 2025
| PFE Pfizer Inc. | Sold out | 0.00% | −1.24 |
| MSI Motorola Solutions Inc. | Reduce -76.4% | 0.26% | −0.96 |
| LLYVK Liberty Media Corp.-Liberty-C | Reduce -62.9% | 0.54% | −0.91 |
| ABBV Abbvie Inc. | Reduce -93.5% | 0.06% | −0.84 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.81 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.80 |
| LIN Linde PLC | Reduce -64.5% | 0.32% | −0.73 |
| EA Electronic Arts Inc. | Reduce -84.9% | 0.14% | −0.71 |
| SCHW Schwab (charles) Corp. | Reduce -64.5% | 0.32% | −0.69 |
| ADBE Adobe Inc. | Reduce -53.6% | 0.38% | −0.69 |
| CNC Centene Corp. | Sold out | 0.00% | −0.66 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.65 |
| PNC PNC Financial Services Group | Reduce -57.1% | 0.40% | −0.63 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.61 |
| INVH Invitation Homes Inc. | Reduce -74.5% | 0.14% | −0.57 |
| AMCR Amcor PLC | Reduce -73.6% | 0.14% | −0.57 |
| CLX Clorox Company | Sold out | 0.00% | −0.56 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.55 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.54 |
| USB US Bancorp | Reduce -47.8% | 0.48% | −0.54 |
| KEYS Keysight Technologies Inc. | Reduce -92.0% | 0.04% | −0.52 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.52 |
| EW Edwards Lifesciences Corp. | Reduce -54.3% | 0.31% | −0.50 |
| NRG NRG Energy Inc. | Reduce -34.5% | 0.62% | −0.49 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −0.48 |
| HES Hess Corp. | Sold out | 0.00% | −0.47 |
| VZ Verizon Communications Inc. | Reduce -77.4% | 0.11% | −0.45 |
| AS Amer Sports Inc. | Reduce -75.7% | 0.10% | −0.45 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −0.44 |
| INTU Intuit Inc. | Reduce -28.8% | 0.48% | −0.44 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.44 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.44 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.43 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.43 |
| CDNS Cadence Design SYS Inc. | Reduce -85.2% | 0.07% | −0.42 |
| IT Gartner Inc. | Sold out | 0.00% | −0.41 |
| KDP Keurig Dr Pepper Inc. | Reduce -54.9% | 0.17% | −0.41 |
| GPN Global Payments Inc. | Reduce -85.9% | 0.06% | −0.40 |
| MNST Monster Beverage Corp. | Sold out | 0.00% | −0.39 |
| SRE Sempra | Sold out | 0.00% | −0.39 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.38 |
| SPG Simon Property Group Inc. | Sold out | 0.00% | −0.38 |
| PEP Pepsico Inc. | Reduce -53.8% | 0.27% | −0.37 |
| PSX Phillips 66 | Reduce -72.5% | 0.13% | −0.37 |
| CCL Carnival Corp. | Reduce -69.0% | 0.14% | −0.37 |
| GLW Corning Inc. | Sold out | 0.00% | −0.36 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −0.35 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.34 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −0.34 |
| EBAY eBay Inc. | Sold out | 0.00% | −0.34 |
Portfolio Buys Q2 2025 → Q3 2025
| CB Chubb Ltd. | Add +1303.5% | 1.27% | +1.16 |
| EOG EOG Resources Inc. | New | 0.89% | +0.89 |
| AFL Aflac Inc. | New | 0.88% | +0.88 |
| KMI Kinder Morgan Inc. | New | 0.80% | +0.80 |
| LNG Cheniere Energy Inc. | New | 0.78% | +0.78 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.77% | +0.77 |
| MO Altria Group Inc. | Add +1830.5% | 0.80% | +0.76 |
| CTAS Cintas Corp. | New | 0.72% | +0.72 |
| ISRG Intuitive Surgical Inc. | Add +279.7% | 1.15% | +0.71 |
| TJX TJX Companies Inc. | New | 0.71% | +0.71 |
| CPRT Copart Inc. | Add +311.2% | 0.99% | +0.68 |
| CTVA Corteva Inc. | Add +367.0% | 0.90% | +0.65 |
| JBHT Hunt (jb) Transprt SVCS Inc. | New | 0.64% | +0.64 |
| CBRE CBRE Group Inc. Class A | New | 0.63% | +0.63 |
| NEM Newmont Corp. | New | 0.62% | +0.62 |
| NFLX Netflix Inc. | New | 0.62% | +0.62 |
| BA The Boeing Co. | New | 0.62% | +0.62 |
| WAB Wabtec Corp. | Add +180.1% | 1.08% | +0.61 |
| ECL Ecolab Inc. | New | 0.60% | +0.60 |
| FISV Fiserv Inc. | Add +256.8% | 1.07% | +0.60 |
| SLB SLB Ltd. | New | 0.57% | +0.57 |
| F Ford Motor Co. | Add +1313.4% | 0.61% | +0.57 |
| VICI Vici Properties Inc. | New | 0.55% | +0.55 |
| FIS Fidelity National Info Serv | New | 0.54% | +0.54 |
| AON Aon PLC Class A | Add +299.7% | 0.76% | +0.54 |
| CRH CRH PLC | New | 0.52% | +0.52 |
| CPRI Capri Holdings Ltd. | Add +5.3% | 0.51% | +0.51 |
| AMT American Tower Corp. | New | 0.51% | +0.51 |
| VRSK Verisk Analytics Inc. | New | 0.50% | +0.50 |
| MRSH Marsh & McLennan Cos | New | 0.50% | +0.50 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.50% | +0.50 |
| CRM Salesforce Inc. | Add +126.2% | 1.24% | +0.50 |
| PODD Insulet Corp. | New | 0.49% | +0.49 |
| KIM Kimco Realty Corp. | Add +596.6% | 0.58% | +0.49 |
| CAH Cardinal Health Inc. | Add +248.0% | 0.75% | +0.48 |
| UAL United Airlines Holdings Inc. | New | 0.47% | +0.47 |
| STT State Street Corp. | New | 0.46% | +0.46 |
| REGN Regeneron Pharmaceuticals | New | 0.46% | +0.46 |
| HAS Hasbro Inc. | New | 0.45% | +0.45 |
| WDC Western Digital Corp. | New | 0.45% | +0.45 |
| ROP Roper Technologies Inc. | Add +344.7% | 0.64% | +0.45 |
| ADI Analog Devices Inc. | Add +132.4% | 0.87% | +0.44 |
| CTSH Cognizant Tech Solutions-A | Add +527.5% | 0.56% | +0.44 |
| KKR KKR & Co. Inc. | New | 0.40% | +0.40 |
| PCAR Paccar Inc. | New | 0.39% | +0.39 |
| OTIS Otis Worldwide Corp. | Add +108.1% | 0.99% | +0.38 |
| RSG Republic Services Inc. | Add +175.0% | 0.70% | +0.38 |
| AMP Ameriprise Financial Inc. | New | 0.38% | +0.38 |
| ABNB Airbnb Inc. Class A | Add +87.3% | 1.19% | +0.37 |
| BSX Boston Scientific Corp. | Add +119.4% | 0.90% | +0.36 |
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 |