Mirova

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Mirova reported 120 stock positions worth $578.7 million. Its top holding was Thermo Fisher Scientific (TMO) at 17.0% of the portfolio, followed by Accenture Class A (ACN, 8.1%) and Ecolab (ECL, 6.8%). Compared with Q2 2024, it opened 1 new position, sold out of 4, added to 22 and reduced 38. The biggest buy was Exponent (EXPO, shares +80%) and the biggest sale Nvidia (NVDA, shares −12%).

Most Recent 13F
Q2 2026
Location
PARIS, I0
CIK
0001767843
Portfolio Value
$578.7M (Q3 2024)
SEC Filing
0001104659-24-117689 ↗ filed Nov 13, 2024

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $564.5M Q1 2024 Q2 2024: $547.3M Q2 2024 Q3 2024: $578.7M $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 120 stocks · $578.7M
TMO Thermo Fisher Scientific Inc. 17.05% 159,471 $98.6M Reduce -3.8%
ACN Accenture PLC Class A 8.09% 132,467 $46.8M Reduce -6.6%
ECL Ecolab Inc. 6.82% 154,643 $39.5M Reduce -1.6%
NVDA Nvidia Corp. 4.75% 226,335 $27.5M Reduce -12.2%
MSFT Microsoft Corp. 4.47% 60,066 $25.8M Add +10.8%
LLY Eli Lilly & Co. 3.55% 23,213 $20.6M Reduce -9.5%
WM Waste Management Inc. 2.29% 63,947 $13.3M Reduce -0.7%
V Visa Inc. Class A 2.20% 46,280 $12.7M No change
PG The Procter & Gamble Co. 2.02% 67,400 $11.7M Reduce -7.1%
AXP American Express Co. 1.97% 41,957 $11.4M No change
SYK Stryker Corp. 1.65% 26,455 $9.6M No change
TRMB Trimble Inc. 1.61% 149,974 $9.3M Add +39.5%
CL Colgate-Palmolive Co. 1.55% 86,654 $9.0M Reduce -11.9%
XYL Xylem Inc. 1.54% 66,065 $8.9M Add +22.8%
TT Trane Technologies PLC 1.47% 21,920 $8.5M Reduce -8.7%
RUN Sunrun Inc. 1.43% 457,377 $8.3M Reduce -11.5%
AWK American Water Works Co. Inc. 1.39% 55,173 $8.1M Reduce -12.5%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 1.35% 74,521 $7.8M Add +33.4%
BSY Bentley Systems Inc. Class B 1.28% 145,584 $7.4M Reduce -6.3%
EXPO Exponent Inc. 1.19% 59,670 $6.9M Add +79.7%
FSLR First Solar Inc. 1.13% 26,273 $6.6M Add +15.1%
ISRG Intuitive Surgical Inc. 1.12% 13,217 $6.5M Reduce -5.1%
UNP Union Pacific Corp. 1.11% 25,997 $6.4M No change
MA Mastercard Inc. Class A 1.04% 12,152 $6.0M No change
GM General Motors Co. 0.97% 125,743 $5.6M Reduce -17.6%
TTEK Tetra Tech Inc. 0.91% 111,255 $5.2M Reduce -40.5%
WDAY Workday Inc. Class A 0.87% 20,513 $5.0M Add +25.3%
NOW ServiceNow Inc. 0.87% 5,599 $5.0M No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.84% 48,554 $4.8M Add +25.6%
LIN Linde PLC 0.79% 9,619 $4.6M Add +5.5%
EBAY eBay Inc. 0.77% 68,007 $4.4M Add +16.5%
BFAM Bright Horizons Family Solut 0.75% 31,010 $4.3M Add +35.6%
PWR Quanta Services Inc. 0.73% 14,200 $4.2M No change
NEE Nextera Energy Inc. 0.73% 49,757 $4.2M No change
IEX Idex Corp. 0.72% 19,433 $4.2M Reduce -1.9%
CRM Salesforce Inc. 0.71% 15,084 $4.1M No change
BMI Badger Meter Inc. 0.69% 18,216 $4.0M Add +181.2%
GDDY GoDaddy Inc. Class A 0.63% 23,297 $3.7M No change
ORCL Oracle Corp. 0.62% 20,900 $3.6M No change
ZTS Zoetis Inc. 0.61% 17,929 $3.5M Reduce -1.6%
PANW Palo Alto Networks Inc. 0.60% 10,150 $3.5M No change
GILD Gilead Sciences Inc. 0.58% 40,232 $3.4M No change
FLEX Flex Ltd. 0.58% 100,693 $3.4M Add +6.6%
BEPC Brookfield Renewable Cor-A 0.58% 102,007 $3.3M Reduce -41.6%
VZ Verizon Communications Inc. 0.57% 72,862 $3.3M No change
GPK Graphic Packaging Holding Co. 0.55% 108,266 $3.2M Reduce -25.9%
CMG Chipotle Mexican Grill Inc. 0.54% 53,894 $3.1M Reduce -20.9%
ALV Autoliv Inc. 0.51% 31,586 $2.9M No change
GNTX Gentex Corp. 0.51% 99,040 $2.9M No change
ITRI Itron Inc. 0.49% 26,791 $2.9M Add +206.3%
ENPH Enphase Energy Inc. 0.47% 24,149 $2.7M No change
LULU Lululemon Athletica Inc. 0.46% 9,719 $2.6M No change
SFM Sprouts Farmers Market Inc. 0.43% 22,435 $2.5M Reduce -2.1%
CYBR Cyberark Software Ltd./Israel 0.43% 8,460 $2.5M No change
ON On Semiconductor 0.42% 33,492 $2.4M Reduce -11.8%
PFE Pfizer Inc. 0.40% 80,703 $2.3M No change
BSX Boston Scientific Corp. 0.40% 27,763 $2.3M Add +312.1%
ROK Rockwell Automation Inc. 0.39% 8,428 $2.3M Reduce -20.6%
WY Weyerhaeuser Co. 0.38% 64,791 $2.2M No change
CDNS Cadence Design SYS Inc. 0.31% 6,613 $1.8M Add +49.1%
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.30% 24,095 $1.7M No change
CNM Core & Main Inc. Class A 0.27% 34,961 $1.6M No change
ROP Roper Technologies Inc. 0.27% 2,758 $1.5M Add +2.8%
MP MP Materials Corp. 0.25% 83,584 $1.5M No change
OGN Organon & Co. 0.20% 60,738 $1.2M No change
EMR Emerson Electric Co. 0.20% 10,461 $1.1M Add +988.5%
WTS Watts Water Technologies-A 0.19% 5,388 $1.1M Add +8.6%
DHR Danaher Corp. 0.19% 3,951 $1.1M No change
NOVT Novanta Inc. 0.19% 5,997 $1.1M No change
CSCO Cisco Systems Inc. 0.18% 19,969 $1.1M No change
ANSS Ansys Inc. 0.18% 3,331 $1.1M Reduce -51.2%
ORA Ormat Technologies Inc. 0.18% 13,470 $1.0M Reduce -10.4%
ARRY Array Technologies Inc. 0.17% 151,588 $1.0M Reduce -11.7%
BCC Boise Cascade Co. 0.17% 7,083 $999K No change
AGCO Agco Corp. 0.17% 9,956 $974K Reduce -4.6%
GEF Greif Inc. Class A 0.16% 14,857 $931K Reduce -60.5%
OMC Omnicom Group 0.15% 8,287 $857K No change
MWA Mueller Water Products Inc. Class A 0.15% 39,335 $854K No change
MRK Merck & Co. Inc. 0.14% 6,987 $793K No change
ADBE Adobe Inc. 0.13% 1,484 $768K No change
SG Sweetgreen Inc. Class A 0.13% 20,500 $727K Reduce -26.3%
PNR Pentair PLC 0.12% 7,017 $686K Reduce -14.5%
HASI Ha Sustainable Infrastructur 0.11% 19,129 $659K No change
DCI Donaldson Co. Inc. 0.11% 8,576 $632K No change
KAI Kadant Inc. 0.11% 1,864 $630K No change
DAR Darling Ingredients Inc. 0.11% 16,682 $620K Reduce -55.4%
MTD Mettler-Toledo International 0.10% 400 $600K No change
ADSK Autodesk Inc. 0.10% 2,058 $567K No change
GIS General Mills Inc. 0.09% 7,421 $548K Reduce -10.4%
BDX Becton Dickinson and Co. 0.09% 2,160 $521K No change
ST Sensata Technologies Holdplc 0.08% 13,326 $478K No change
OTIS Otis Worldwide Corp. 0.08% 4,505 $468K No change
CCK Crown Holdings Inc. 0.08% 4,703 $451K Reduce -27.3%
AVY Avery Dennison Corp. 0.08% 2,006 $443K Add +3.7%
VLTO Veralto Corp. 0.08% 3,931 $440K Reduce -17.4%
TREX Trex Company Inc. 0.07% 6,489 $432K Add +4.8%
EW Edwards Lifesciences Corp. 0.07% 6,439 $425K No change
DXCM Dexcom Inc. 0.07% 5,628 $377K No change
AMT American Tower Corp. 0.06% 1,423 $331K No change
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.05% 7,720 $317K Add +267.4%
LKQ LKQ Corp. 0.05% 7,165 $286K Reduce -5.7%
A Agilent Technologies Inc. 0.05% 1,865 $277K Reduce -66.4%
CP Canadian Pacific Kansas City 0.04% 2,800 $240K No change
CSX CSX Corp. 0.04% 6,853 $237K No change
CNI Canadian Natl Railway Co. 0.04% 1,878 $220K No change
EMN Eastman Chemical Co. 0.04% 1,839 $206K Reduce -17.4%
NSC Norfolk Southern Corp. 0.03% 731 $182K No change
SW Smurfit Westrock PLC 0.03% 3,275 $162K New
MPWR Monolithic Power Systems Inc. 0.02% 155 $143K No change
STLD Steel Dynamics Inc. 0.02% 1,067 $135K No change
AMGN Amgen Inc. 0.02% 387 $125K No change
NUE Nucor Corp. 0.02% 764 $115K No change
RMD Resmed Inc. 0.02% 434 $106K No change
DOV Dover Corp. 0.02% 480 $92K No change
BALL Ball Corp. 0.02% 1,309 $89K No change
HAIN Hain Celestial Group Inc. 0.01% 9,366 $81K No change
SHOP Shopify Inc. Class A 0.01% 934 $75K No change
WAT Waters Corp. 0.01% 184 $66K No change
PTC PTC Inc. 0.01% 342 $62K Reduce -87.8%
WST West Pharmaceutical Services 0.01% 161 $48K No change

Portfolio Sells Q2 2024 → Q3 2024
NVDA Nvidia Corp. Reduce -12.2% 4.75% −1.07
LLY Eli Lilly & Co. Reduce -9.5% 3.55% −0.69
TTEK Tetra Tech Inc. Reduce -40.5% 0.91% −0.49
BEPC Brookfield Renewable Cor-A Reduce -41.6% 0.58% −0.33
GM General Motors Co. Reduce -17.6% 0.97% −0.32
CMG Chipotle Mexican Grill Inc. Reduce -20.9% 0.54% −0.24
GEF Greif Inc. Class A Reduce -60.5% 0.16% −0.23
ANSS Ansys Inc. Reduce -51.2% 0.18% −0.22
WM Waste Management Inc. Reduce -0.7% 2.29% −0.22
CL Colgate-Palmolive Co. Reduce -11.9% 1.55% −0.19
PG The Procter & Gamble Co. Reduce -7.1% 2.02% −0.17
CAG Conagra Brands Inc. Sold out 0.00% −0.15
ARRY Array Technologies Inc. Reduce -11.7% 0.17% −0.15
GPK Graphic Packaging Holding Co. Reduce -25.9% 0.55% −0.15
DAR Darling Ingredients Inc. Reduce -55.4% 0.11% −0.14
ROK Rockwell Automation Inc. Reduce -20.6% 0.39% −0.14
BSY Bentley Systems Inc. Class B Reduce -6.3% 1.28% −0.12
AWK American Water Works Co. Inc. Reduce -12.5% 1.39% −0.09
A Agilent Technologies Inc. Reduce -66.4% 0.05% −0.08
PTC PTC Inc. Reduce -87.8% 0.01% −0.08
WMS Advanced Drainage Systems Inc. Sold out 0.00% −0.08
SXT Sensient Technologies Corp. Sold out 0.00% −0.06
ON On Semiconductor Reduce -11.8% 0.42% −0.06
WRK Westrock Co. Sold out 0.00% −0.03
SG Sweetgreen Inc. Class A Reduce -26.3% 0.13% −0.03
AGCO Agco Corp. Reduce -4.6% 0.17% −0.02
ORA Ormat Technologies Inc. Reduce -10.4% 0.18% −0.02
ECL Ecolab Inc. Reduce -1.6% 6.82% −0.01
CCK Crown Holdings Inc. Reduce -27.3% 0.08% −0.01
ISRG Intuitive Surgical Inc. Reduce -5.1% 1.12% −0.01
LKQ LKQ Corp. Reduce -5.7% 0.05% −0.01
IEX Idex Corp. Reduce -1.9% 0.72% −0.01
VLTO Veralto Corp. Reduce -17.4% 0.08% −0.01
EMN Eastman Chemical Co. Reduce -17.4% 0.04% −0.00
GIS General Mills Inc. Reduce -10.4% 0.09% −0.00
PNR Pentair PLC Reduce -14.5% 0.12% +0.00
ZTS Zoetis Inc. Reduce -1.6% 0.61% +0.03
TT Trane Technologies PLC Reduce -8.7% 1.47% +0.03
SFM Sprouts Farmers Market Inc. Reduce -2.1% 0.43% +0.08
ACN Accenture PLC Class A Reduce -6.6% 8.09% +0.23
TMO Thermo Fisher Scientific Inc. Reduce -3.8% 17.05% +0.29
RUN Sunrun Inc. Reduce -11.5% 1.43% +0.31

Portfolio Buys Q2 2024 → Q3 2024
EXPO Exponent Inc. Add +79.7% 1.19% +0.61
TRMB Trimble Inc. Add +39.5% 1.61% +0.51
BMI Badger Meter Inc. Add +181.2% 0.69% +0.47
IFF Intl Flavors & Fragrances Add +33.4% 1.35% +0.38
ITRI Itron Inc. Add +206.3% 0.49% +0.34
BSX Boston Scientific Corp. Add +312.1% 0.40% +0.31
BFAM Bright Horizons Family Solut Add +35.6% 0.75% +0.29
XYL Xylem Inc. Add +22.8% 1.54% +0.21
WDAY Workday Inc. Class A Add +25.3% 0.87% +0.20
EBAY eBay Inc. Add +16.5% 0.77% +0.19
FSLR First Solar Inc. Add +15.1% 1.13% +0.19
EMR Emerson Electric Co. Add +988.5% 0.20% +0.18
EL Estee Lauder Companies Class A Add +25.6% 0.84% +0.09
FLEX Flex Ltd. Add +6.6% 0.58% +0.07
LIN Linde PLC Add +5.5% 0.79% +0.06
CDNS Cadence Design SYS Inc. Add +49.1% 0.31% +0.06
YETI Yeti Holdings Inc. Add +267.4% 0.05% +0.04
MSFT Microsoft Corp. Add +10.8% 4.47% +0.04
SW Smurfit Westrock PLC New 0.03% +0.03
WTS Watts Water Technologies-A Add +8.6% 0.19% +0.03
AVY Avery Dennison Corp. Add +3.7% 0.08% −0.00
TREX Trex Company Inc. Add +4.8% 0.07% −0.01
ROP Roper Technologies Inc. Add +2.8% 0.27% −0.01

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