Mirova

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Mirova reported 135 stock positions worth $564.5 million. Its top holding was Thermo Fisher Scientific (TMO) at 22.1% of the portfolio, followed by Accenture Class A (ACN, 7.4%) and Ecolab (ECL, 6.8%). Compared with Q4 2023, it opened 15 new positions, sold out of 6, added to 54 and reduced 16. The biggest buy was Nvidia (NVDA, shares +33%) and the biggest sale an exit from Cgi (GIB).

Most Recent 13F
Q2 2026
Location
PARIS, I0
CIK
0001767843
Portfolio Value
$564.5M (Q1 2024)
SEC Filing
0001104659-24-060501 ↗ filed May 13, 2024

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $564.5M $564.5M Q1 2024 Q2 2024: $547.3M Q2 2024 Q3 2024: $578.7M Q3 2024 Q4 2024: $579.5M Q4 2024 Q1 2025: $555.9M Q1 2025 Q2 2025: $708.8M Q2 2025 Q3 2025: $707.4M Q3 2025 Q4 2025: $693.5M Q4 2025 Q1 2026: $2.5B Q1 2026 Q2 2026: $2.7B Q2 2026

Holdings 135 stocks · $564.5M
TMO Thermo Fisher Scientific Inc. 22.14% 215,021 $125.0M Add +1.7%
ACN Accenture PLC Class A 7.44% 121,247 $42.0M Add +3.5%
ECL Ecolab Inc. 6.75% 165,032 $38.1M Add +3.1%
NVDA Nvidia Corp. 4.37% 27,326 $24.7M Add +32.5%
MSFT Microsoft Corp. 4.05% 54,391 $22.9M Add +45.4%
LLY Eli Lilly & Co. 3.78% 27,432 $21.3M Add +26.3%
WM Waste Management Inc. 2.41% 63,825 $13.6M Add +40.9%
V Visa Inc. Class A 2.07% 41,786 $11.7M Add +50.9%
AWK American Water Works Co. Inc. 1.70% 78,497 $9.6M Add +36.6%
SYK Stryker Corp. 1.68% 26,455 $9.5M Add +54.9%
AXP American Express Co. 1.65% 40,997 $9.3M Add +33.8%
CL Colgate-Palmolive Co. 1.52% 95,228 $8.6M Add +71.3%
BSY Bentley Systems Inc. Class B 1.46% 158,310 $8.3M Add +88.4%
TTEK Tetra Tech Inc. 1.42% 43,505 $8.0M Add +81.7%
GM General Motors Co. 1.40% 174,368 $7.9M Add +23.1%
TT Trane Technologies PLC 1.30% 24,393 $7.3M Add +59.4%
XYL Xylem Inc. 1.26% 54,901 $7.1M Add +161.7%
RUN Sunrun Inc. 1.21% 516,595 $6.8M Reduce -31.4%
PG The Procter & Gamble Co. 1.19% 41,459 $6.7M Reduce -2.8%
UNP Union Pacific Corp. 1.13% 25,997 $6.4M Add +14.5%
TRMB Trimble Inc. 1.10% 96,456 $6.2M Reduce -4.9%
ISRG Intuitive Surgical Inc. 0.98% 13,923 $5.6M Reduce -10.2%
MA Mastercard Inc. Class A 0.97% 11,329 $5.5M Add +145.9%
FSLR First Solar Inc. 0.95% 31,736 $5.4M Add +56.8%
IEX Idex Corp. 0.86% 19,800 $4.8M Reduce -9.9%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.84% 30,799 $4.7M Add +0.9%
CRM Salesforce Inc. 0.80% 15,084 $4.5M Add +12.0%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.80% 52,819 $4.5M Add +0.9%
WDAY Workday Inc. Class A 0.79% 16,368 $4.5M Add +11.3%
PWR Quanta Services Inc. 0.76% 16,600 $4.3M Reduce -14.7%
BEPC Brookfield Renewable Cor-A 0.76% 174,653 $4.3M Add +71.2%
GPK Graphic Packaging Holding Co. 0.76% 146,131 $4.3M Add +619.9%
LIN Linde PLC 0.75% 9,119 $4.2M Add +6.0%
NOW ServiceNow Inc. 0.70% 5,212 $4.0M Add +17.7%
CMG Chipotle Mexican Grill Inc. 0.70% 1,351 $3.9M Add +546.4%
ALV Autoliv Inc. 0.67% 31,586 $3.8M New
GNTX Gentex Corp. 0.63% 99,040 $3.6M New
LULU Lululemon Athletica Inc. 0.57% 8,236 $3.2M Add +58.6%
ROK Rockwell Automation Inc. 0.55% 10,611 $3.1M No change
EBAY eBay Inc. 0.55% 58,513 $3.1M Add +353.8%
ZTS Zoetis Inc. 0.55% 18,211 $3.1M Add +509.9%
ENPH Enphase Energy Inc. 0.53% 24,514 $3.0M Reduce -88.9%
GILD Gilead Sciences Inc. 0.52% 40,232 $2.9M New
ANSS Ansys Inc. 0.51% 8,331 $2.9M Reduce -7.0%
ADBE Adobe Inc. 0.51% 5,671 $2.9M Reduce -38.2%
EXPO Exponent Inc. 0.50% 34,108 $2.8M No change
ON On Semiconductor 0.49% 37,992 $2.8M No change
AMT American Tower Corp. 0.49% 14,002 $2.8M Add +884.0%
GDDY GoDaddy Inc. Class A 0.49% 23,297 $2.8M Add +5.3%
ADSK Autodesk Inc. 0.48% 10,400 $2.7M Add +20.5%
FLEX Flex Ltd. 0.47% 93,104 $2.7M New
GEF Greif Inc. Class A 0.46% 37,614 $2.6M New
BFAM Bright Horizons Family Solut 0.46% 22,868 $2.6M Add +6.5%
ARRY Array Technologies Inc. 0.45% 171,588 $2.6M Add +108.5%
SRCL Stericycle Inc. 0.44% 47,345 $2.5M Add +0.9%
WY Weyerhaeuser Co. 0.41% 64,791 $2.3M No change
CYBR Cyberark Software Ltd./Israel 0.37% 7,865 $2.1M Reduce -13.3%
CNM Core & Main Inc. Class A 0.35% 34,961 $2.0M New
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.34% 24,095 $1.9M No change
DAR Darling Ingredients Inc. 0.31% 37,395 $1.7M Add +27.8%
ROP Roper Technologies Inc. 0.27% 2,683 $1.5M Add +2046.4%
SFM Sprouts Farmers Market Inc. 0.25% 21,640 $1.4M Add +1148.0%
CCK Crown Holdings Inc. 0.23% 16,210 $1.3M Add +100.2%
AGCO Agco Corp. 0.23% 10,440 $1.3M Reduce -86.1%
MP MP Materials Corp. 0.21% 83,584 $1.2M No change
BMI Badger Meter Inc. 0.19% 6,531 $1.1M Add +147.6%
NOVT Novanta Inc. 0.19% 5,997 $1.0M New
WTS Watts Water Technologies-A 0.18% 4,907 $1.0M Add +487.7%
ORA Ormat Technologies Inc. 0.18% 15,583 $1.0M Add +0.1%
A Agilent Technologies Inc. 0.18% 6,900 $1.0M Add +91.3%
DHR Danaher Corp. 0.17% 3,951 $987K Add +76.8%
PODD Insulet Corp. 0.15% 5,076 $870K New
CAG Conagra Brands Inc. 0.15% 28,882 $856K Add +333.4%
SG Sweetgreen Inc. Class A 0.14% 31,643 $799K Add +120.8%
DXCM Dexcom Inc. 0.14% 5,628 $781K Add +617.9%
DCI Donaldson Co. Inc. 0.11% 8,576 $640K New
MWA Mueller Water Products Inc. Class A 0.11% 39,335 $633K New
EW Edwards Lifesciences Corp. 0.11% 6,439 $615K Add +440.6%
MTD Mettler-Toledo International 0.11% 460 $612K Add +369.4%
KAI Kadant Inc. 0.11% 1,864 $612K New
ST Sensata Technologies Holdplc 0.10% 14,939 $549K Add +826.2%
PNR Pentair PLC 0.10% 6,348 $542K Reduce -26.2%
BDX Becton Dickinson and Co. 0.08% 1,902 $471K New
WMS Advanced Drainage Systems Inc. 0.08% 2,717 $468K New
PTC PTC Inc. 0.08% 2,449 $463K New
BSX Boston Scientific Corp. 0.08% 6,737 $461K New
LKQ LKQ Corp. 0.07% 7,454 $398K No change
NEE Nextera Energy Inc. 0.07% 5,943 $380K Reduce -83.2%
ES Eversource Energy 0.07% 6,142 $367K No change
HASI Ha Sustainable Infrastructur filed as HANNON ARMSTRONG SUST INFR C 0.06% 12,487 $355K No change
GIS General Mills Inc. 0.06% 4,960 $347K Reduce -36.3%
PLD Prologis Inc. 0.06% 2,619 $341K No change
SXT Sensient Technologies Corp. 0.05% 4,412 $305K No change
HAIN Hain Celestial Group Inc. 0.05% 38,512 $303K No change
OMC Omnicom Group 0.05% 2,937 $284K No change
EMN Eastman Chemical Co. 0.05% 2,656 $266K Reduce -19.9%
ORCL Oracle Corp. 0.05% 2,106 $265K No change
VLTO Veralto Corp. 0.05% 2,954 $262K Add +33.9%
CSX CSX Corp. 0.04% 6,853 $254K No change
CNI Canadian Natl Railway Co. 0.04% 1,878 $247K No change
CP Canadian Pacific Kansas City 0.04% 2,800 $247K No change
BMY Bristol-Myers Squibb Co. 0.04% 4,452 $241K No change
MRK Merck & Co. Inc. 0.04% 1,777 $234K No change
ABBV Abbvie Inc. 0.04% 1,249 $227K No change
ELV Elevance Health Inc. 0.04% 429 $222K No change
REGN Regeneron Pharmaceuticals 0.04% 221 $213K No change
CI The Cigna Group 0.04% 558 $203K No change
ITRI Itron Inc. 0.04% 2,173 $201K No change
NSC Norfolk Southern Corp. 0.03% 731 $186K No change
HCA HCA Healthcare Inc. 0.03% 430 $143K No change
AVY Avery Dennison Corp. 0.03% 631 $141K No change
WELL Welltower Inc. 0.02% 1,283 $120K No change
PFE Pfizer Inc. 0.02% 3,967 $110K No change
AMGN Amgen Inc. 0.02% 387 $110K No change
FLNC Fluence Energy Inc. 0.02% 6,207 $108K Reduce -90.0%
XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP 0.02% 3,407 $102K No change
BALL Ball Corp. 0.02% 1,309 $88K No change
EIX Edison International 0.02% 1,202 $85K No change
CNC Centene Corp. 0.01% 1,057 $83K No change
HPE Hewlett Packard Enterprise 0.01% 4,666 $83K No change
AVB Avalonbay Communities Inc. 0.01% 440 $82K No change
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.01% 2,101 $81K No change
HUM Humana Inc. 0.01% 232 $80K No change
MRNA Moderna Inc. 0.01% 741 $79K No change
ARE Alexandria Real Estate Equit 0.01% 571 $74K No change
TREX Trex Company Inc. 0.01% 737 $74K No change
BIIB Biogen Inc. 0.01% 327 $71K No change
RMD Resmed Inc. 0.01% 313 $62K No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.01% 971 $61K No change
SHLS Shoals Technologies Group -A 0.01% 5,372 $60K No change
VTR Ventas Inc. 0.01% 1,307 $57K No change
DOC Healthpeak Properties Inc. 0.01% 2,168 $41K No change
NOVAQ Sunnova Energy International 0.01% 5,128 $31K No change
PLUG Plug Power Inc. 0.00% 7,335 $25K No change
CHPT Chargepoint Holdings Inc. 0.00% 10,284 $20K No change

Portfolio Sells Q4 2023 → Q1 2024
GIB Cgi Inc. Sold out 0.00% −6.16
ENPH Enphase Energy Inc. Reduce -88.9% 0.53% −5.47
RUN Sunrun Inc. Reduce -31.4% 1.21% −1.82
AGCO Agco Corp. Reduce -86.1% 0.23% −1.64
ADBE Adobe Inc. Reduce -38.2% 0.51% −0.61
AMRC Ameresco Inc. Class A Sold out 0.00% −0.47
NEE Nextera Energy Inc. Reduce -83.2% 0.07% −0.37
FLNC Fluence Energy Inc. Reduce -90.0% 0.02% −0.28
ANSS Ansys Inc. Reduce -7.0% 0.51% −0.15
IEX Idex Corp. Reduce -9.9% 0.86% −0.12
PWR Quanta Services Inc. Reduce -14.7% 0.76% −0.10
PG The Procter & Gamble Co. Reduce -2.8% 1.19% −0.09
ISRG Intuitive Surgical Inc. Reduce -10.2% 0.98% −0.09
ABT Abbott Laboratories Sold out 0.00% −0.07
GIS General Mills Inc. Reduce -36.3% 0.06% −0.04
CYBR Cyberark Software Ltd./Israel Reduce -13.3% 0.37% −0.04
PNR Pentair PLC Reduce -26.2% 0.10% −0.03
JBTM JBT Marel Corp. Sold out 0.00% −0.03
PEG Public Service Enterprise GP Sold out 0.00% −0.02
TRI Thomson Reuters Corp. Sold out 0.00% −0.01
EMN Eastman Chemical Co. Reduce -19.9% 0.05% −0.01
TRMB Trimble Inc. Reduce -4.9% 1.10% −0.01

Portfolio Buys Q4 2023 → Q1 2024
NVDA Nvidia Corp. Add +32.5% 4.37% +2.28
LLY Eli Lilly & Co. Add +26.3% 3.78% +1.19
MSFT Microsoft Corp. Add +45.4% 4.05% +1.17
XYL Xylem Inc. Add +161.7% 1.26% +0.77
WM Waste Management Inc. Add +40.9% 2.41% +0.75
ALV Autoliv Inc. New 0.67% +0.67
GPK Graphic Packaging Holding Co. Add +619.9% 0.76% +0.65
GNTX Gentex Corp. New 0.63% +0.63
SYK Stryker Corp. Add +54.9% 1.68% +0.63
CL Colgate-Palmolive Co. Add +71.3% 1.52% +0.61
TTEK Tetra Tech Inc. Add +81.7% 1.42% +0.61
CMG Chipotle Mexican Grill Inc. Add +546.4% 0.70% +0.60
V Visa Inc. Class A Add +50.9% 2.07% +0.59
BSY Bentley Systems Inc. Class B Add +88.4% 1.46% +0.57
MA Mastercard Inc. Class A Add +145.9% 0.97% +0.56
TT Trane Technologies PLC Add +59.4% 1.30% +0.53
GILD Gilead Sciences Inc. New 0.52% +0.52
AXP American Express Co. Add +33.8% 1.65% +0.48
FLEX Flex Ltd. New 0.47% +0.47
GEF Greif Inc. Class A New 0.46% +0.46
EBAY eBay Inc. Add +353.8% 0.55% +0.43
AMT American Tower Corp. Add +884.0% 0.49% +0.43
ZTS Zoetis Inc. Add +509.9% 0.55% +0.43
GM General Motors Co. Add +23.1% 1.40% +0.36
CNM Core & Main Inc. Class A New 0.35% +0.35
ROP Roper Technologies Inc. Add +2046.4% 0.27% +0.25
ECL Ecolab Inc. Add +3.1% 6.75% +0.25
FSLR First Solar Inc. Add +56.8% 0.95% +0.23
SFM Sprouts Farmers Market Inc. Add +1148.0% 0.25% +0.23
NOVT Novanta Inc. New 0.19% +0.19
ARRY Array Technologies Inc. Add +108.5% 0.45% +0.17
BEPC Brookfield Renewable Cor-A Add +71.2% 0.76% +0.16
PODD Insulet Corp. New 0.15% +0.15
WTS Watts Water Technologies-A Add +487.7% 0.18% +0.15
AWK American Water Works Co. Inc. Add +36.6% 1.70% +0.15
DXCM Dexcom Inc. Add +617.9% 0.14% +0.12
DCI Donaldson Co. Inc. New 0.11% +0.11
CAG Conagra Brands Inc. Add +333.4% 0.15% +0.11
MWA Mueller Water Products Inc. Class A New 0.11% +0.11
SG Sweetgreen Inc. Class A Add +120.8% 0.14% +0.11
KAI Kadant Inc. New 0.11% +0.11
BMI Badger Meter Inc. Add +147.6% 0.19% +0.10
EW Edwards Lifesciences Corp. Add +440.6% 0.11% +0.09
ST Sensata Technologies Holdplc Add +826.2% 0.10% +0.08
MTD Mettler-Toledo International Add +369.4% 0.11% +0.08
BDX Becton Dickinson and Co. New 0.08% +0.08
WMS Advanced Drainage Systems Inc. New 0.08% +0.08
PTC PTC Inc. New 0.08% +0.08
BSX Boston Scientific Corp. New 0.08% +0.08
CRM Salesforce Inc. Add +12.0% 0.80% +0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 185$2.7BNVDA, CDNS, MSFT, AVGO, GOOGL
Q1 2026 179$2.5BNVDA, MSFT, CDNS, NOW, SNPS
Q4 2025 92$693.5MNVDA, MSFT, ECL, ACN, FSLR
Q3 2025 111$707.4MNVDA, MSFT, ECL, ACN, FSLR
Q2 2025 119$708.8MTMO, ECL, NVDA, MSFT, ACN
Q1 2025 134$555.9MTMO, ECL, ACN, NVDA, MSFT
Q4 2024 129$579.5MTMO, ACN, ECL, NVDA, MSFT
Q3 2024 120$578.7MTMO, ACN, ECL, NVDA, MSFT
Q2 2024 123$547.3MTMO, ACN, ECL, NVDA, MSFT
Q1 2024 135$564.5MTMO, ACN, ECL, NVDA, MSFT