Mirova
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Mirova reported 129 stock positions worth $579.5 million. Its top holding was Thermo Fisher Scientific (TMO) at 14.5% of the portfolio, followed by Accenture Class A (ACN, 7.5%) and Ecolab (ECL, 6.7%). Compared with Q3 2024, it opened 13 new positions, sold out of 4, added to 45 and reduced 58. The biggest buy was Nvidia (NVDA, shares +2%) and the biggest sale Procter & Gamble (PG, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0001767843
- Portfolio Value
- $579.5M (Q4 2024)
- SEC Filing
- 0001104659-25-012934 ↗ filed Feb 13, 2025
Holdings Value
Holdings 129 stocks · $579.5M
| TMO Thermo Fisher Scientific Inc. | 14.53% | 161,861 | $84.2M | Add +1.5% |
| ACN Accenture PLC Class A | 7.54% | 124,138 | $43.7M | Reduce -6.3% |
| ECL Ecolab Inc. | 6.65% | 164,556 | $38.6M | Add +6.4% |
| NVDA Nvidia Corp. | 5.36% | 231,186 | $31.0M | Add +2.1% |
| MSFT Microsoft Corp. | 4.77% | 65,578 | $27.6M | Add +9.2% |
| LLY Eli Lilly & Co. | 3.42% | 25,695 | $19.8M | Add +10.7% |
| V Visa Inc. Class A | 2.40% | 43,993 | $13.9M | Reduce -4.9% |
| WM Waste Management Inc. | 2.21% | 63,437 | $12.8M | Reduce -0.8% |
| AXP American Express Co. | 2.20% | 42,900 | $12.7M | Add +2.3% |
| TRMB Trimble Inc. | 1.80% | 147,289 | $10.4M | Reduce -1.8% |
| XYL Xylem Inc. | 1.68% | 83,983 | $9.7M | Add +27.1% |
| AWK American Water Works Co. Inc. | 1.66% | 77,140 | $9.6M | Add +39.8% |
| SYK Stryker Corp. | 1.60% | 25,779 | $9.3M | Reduce -2.6% |
| CL Colgate-Palmolive Co. | 1.46% | 93,347 | $8.5M | Add +7.7% |
| BSY Bentley Systems Inc. Class B | 1.36% | 168,456 | $7.9M | Add +15.7% |
| PG The Procter & Gamble Co. | 1.24% | 42,706 | $7.2M | Reduce -36.6% |
| ISRG Intuitive Surgical Inc. | 1.23% | 13,703 | $7.2M | Add +3.7% |
| TT Trane Technologies PLC | 1.22% | 19,118 | $7.1M | Reduce -12.8% |
| GM General Motors Co. | 1.18% | 128,676 | $6.9M | Add +2.3% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 1.13% | 77,298 | $6.5M | Add +3.7% |
| UNP Union Pacific Corp. | 1.06% | 26,845 | $6.1M | Add +3.3% |
| NOW ServiceNow Inc. | 1.05% | 5,748 | $6.1M | Add +2.7% |
| LULU Lululemon Athletica Inc. | 1.03% | 15,651 | $6.0M | Add +61.0% |
| CRM Salesforce Inc. | 1.03% | 17,842 | $6.0M | Add +18.3% |
| EBAY eBay Inc. | 1.00% | 93,212 | $5.8M | Add +37.1% |
| BFAM Bright Horizons Family Solut | 0.99% | 51,770 | $5.7M | Add +67.0% |
| WDAY Workday Inc. Class A | 0.95% | 21,242 | $5.5M | Add +3.5% |
| BMI Badger Meter Inc. | 0.93% | 25,353 | $5.4M | Add +39.2% |
| IEX Idex Corp. | 0.93% | 25,651 | $5.4M | Add +32.0% |
| LIN Linde PLC | 0.92% | 12,710 | $5.3M | Add +32.1% |
| RUN Sunrun Inc. | 0.91% | 570,462 | $5.3M | Add +24.7% |
| MA Mastercard Inc. Class A | 0.89% | 9,828 | $5.2M | Reduce -19.1% |
| ZTS Zoetis Inc. | 0.89% | 31,570 | $5.1M | Add +76.1% |
| EXPO Exponent Inc. | 0.87% | 56,377 | $5.0M | Reduce -5.5% |
| TTEK Tetra Tech Inc. | 0.84% | 121,710 | $4.8M | Add +9.4% |
| GDDY GoDaddy Inc. Class A | 0.82% | 24,038 | $4.7M | Add +3.2% |
| FSLR First Solar Inc. | 0.77% | 25,283 | $4.5M | Reduce -3.8% |
| CMG Chipotle Mexican Grill Inc. | 0.72% | 69,179 | $4.2M | Add +28.4% |
| GPK Graphic Packaging Holding Co. | 0.72% | 152,851 | $4.2M | Add +41.2% |
| PANW Palo Alto Networks Inc. | 0.66% | 21,034 | $3.8M | Add +3.6% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.65% | 50,417 | $3.8M | Add +3.8% |
| CDNS Cadence Design SYS Inc. | 0.65% | 12,564 | $3.8M | Add +90.0% |
| NEE Nextera Energy Inc. | 0.61% | 49,518 | $3.5M | Reduce -0.5% |
| FLEX Flex Ltd. | 0.61% | 91,460 | $3.5M | Reduce -9.2% |
| PWR Quanta Services Inc. | 0.60% | 11,017 | $3.5M | Reduce -22.4% |
| ROP Roper Technologies Inc. | 0.60% | 6,664 | $3.5M | Add +141.6% |
| SFM Sprouts Farmers Market Inc. | 0.56% | 25,731 | $3.3M | Add +14.7% |
| ORCL Oracle Corp. | 0.53% | 18,348 | $3.1M | Reduce -12.2% |
| CYBR Cyberark Software Ltd./Israel | 0.50% | 8,739 | $2.9M | Add +3.3% |
| WY Weyerhaeuser Co. | 0.47% | 96,484 | $2.7M | Add +48.9% |
| AVY Avery Dennison Corp. | 0.46% | 14,162 | $2.7M | Add +606.0% |
| PNR Pentair PLC | 0.43% | 24,486 | $2.5M | Add +248.9% |
| ENS Enersys | 0.41% | 25,626 | $2.4M | New |
| EMR Emerson Electric Co. | 0.41% | 18,981 | $2.4M | Add +81.5% |
| MTD Mettler-Toledo International | 0.40% | 1,894 | $2.3M | Add +373.5% |
| BSX Boston Scientific Corp. | 0.39% | 25,102 | $2.2M | Reduce -9.6% |
| VLTO Veralto Corp. | 0.39% | 21,945 | $2.2M | Add +458.3% |
| VZ Verizon Communications Inc. | 0.38% | 55,711 | $2.2M | Reduce -23.5% |
| BEPC Brookfield Renewable Corp. | 0.38% | 80,243 | $2.2M | Reduce -21.3% |
| MPWR Monolithic Power Systems Inc. | 0.35% | 3,397 | $2.0M | Add +2091.6% |
| ITRI Itron Inc. | 0.34% | 18,358 | $2.0M | Reduce -31.5% |
| PFE Pfizer Inc. | 0.33% | 72,215 | $1.9M | Reduce -10.5% |
| ENPH Enphase Energy Inc. | 0.33% | 27,474 | $1.9M | Add +13.8% |
| ON On Semiconductor | 0.32% | 29,208 | $1.8M | Reduce -12.8% |
| CNM Core & Main Inc. Class A | 0.31% | 34,961 | $1.8M | No change |
| TREX Trex Company Inc. | 0.29% | 24,687 | $1.7M | Add +280.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 13,139 | $1.6M | New |
| ROK Rockwell Automation Inc. | 0.25% | 5,040 | $1.4M | Reduce -40.2% |
| TPC Tutor Perini Corp. | 0.23% | 56,170 | $1.4M | New |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.23% | 17,162 | $1.3M | New |
| APTV Aptiv PLC | 0.22% | 21,013 | $1.3M | Reduce -12.8% |
| CSCO Cisco Systems Inc. | 0.20% | 19,554 | $1.2M | Reduce -2.1% |
| MP MP Materials Corp. | 0.20% | 72,897 | $1.1M | Reduce -12.8% |
| WTS Watts Water Technologies-A | 0.19% | 5,521 | $1.1M | Add +2.5% |
| NEO Neogenomics Inc. | 0.18% | 64,935 | $1.1M | New |
| ANSS Ansys Inc. | 0.17% | 2,907 | $981K | Reduce -12.7% |
| ALV Autoliv Inc. | 0.16% | 10,020 | $940K | Reduce -68.3% |
| AGCO Agco Corp. | 0.16% | 9,956 | $931K | No change |
| NOVT Novanta Inc. | 0.16% | 5,997 | $916K | No change |
| GEF Greif Inc. Class A | 0.16% | 14,857 | $908K | No change |
| DHR Danaher Corp. | 0.16% | 3,931 | $902K | Reduce -0.5% |
| MWA Mueller Water Products Inc. Class A | 0.15% | 39,335 | $885K | No change |
| ARRY Array Technologies Inc. | 0.15% | 143,622 | $867K | Reduce -5.3% |
| BCC Boise Cascade Co. | 0.15% | 7,083 | $842K | No change |
| OMC Omnicom Group | 0.12% | 7,954 | $684K | Reduce -4.0% |
| SG Sweetgreen Inc. Class A | 0.11% | 20,500 | $657K | No change |
| ADBE Adobe Inc. | 0.11% | 1,461 | $650K | Reduce -1.6% |
| OC Owens Corning | 0.11% | 3,803 | $648K | New |
| KAI Kadant Inc. | 0.11% | 1,864 | $643K | No change |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.11% | 11,554 | $633K | New |
| ADSK Autodesk Inc. | 0.10% | 2,046 | $605K | Reduce -0.6% |
| DCI Donaldson Co. Inc. | 0.10% | 8,576 | $578K | No change |
| HPE Hewlett Packard Enterprise | 0.10% | 26,459 | $565K | New |
| HASI Ha Sustainable Infrastructur | 0.09% | 19,129 | $513K | No change |
| BDX Becton Dickinson and Co. | 0.08% | 2,149 | $488K | Reduce -0.5% |
| GIS General Mills Inc. | 0.08% | 7,287 | $465K | Reduce -1.8% |
| DXCM Dexcom Inc. | 0.08% | 5,596 | $435K | Reduce -0.6% |
| VITL Vital Farms Inc. | 0.07% | 10,900 | $411K | New |
| OTIS Otis Worldwide Corp. | 0.07% | 4,324 | $400K | Reduce -4.0% |
| ST Sensata Technologies Holdplc | 0.06% | 13,326 | $365K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| PG The Procter & Gamble Co. | Reduce -36.6% | 1.24% | −0.78 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.58 |
| ACN Accenture PLC Class A | Reduce -6.3% | 7.54% | −0.56 |
| GNTX Gentex Corp. | Sold out | 0.00% | −0.51 |
| FSLR First Solar Inc. | Reduce -3.8% | 0.77% | −0.36 |
| ALV Autoliv Inc. | Reduce -68.3% | 0.16% | −0.35 |
| EXPO Exponent Inc. | Reduce -5.5% | 0.87% | −0.32 |
| TT Trane Technologies PLC | Reduce -12.8% | 1.22% | −0.25 |
| OGN Organon & Co. | Sold out | 0.00% | −0.20 |
| BEPC Brookfield Renewable Corp. | Reduce -21.3% | 0.38% | −0.19 |
| VZ Verizon Communications Inc. | Reduce -23.5% | 0.38% | −0.18 |
| ORA Ormat Technologies Inc. | Sold out | 0.00% | −0.18 |
| ITRI Itron Inc. | Reduce -31.5% | 0.34% | −0.15 |
| MA Mastercard Inc. Class A | Reduce -19.1% | 0.89% | −0.14 |
| ROK Rockwell Automation Inc. | Reduce -40.2% | 0.25% | −0.14 |
| PWR Quanta Services Inc. | Reduce -22.4% | 0.60% | −0.13 |
| NEE Nextera Energy Inc. | Reduce -0.5% | 0.61% | −0.11 |
| ON On Semiconductor | Reduce -12.8% | 0.32% | −0.10 |
| DAR Darling Ingredients Inc. | Reduce -89.2% | 0.01% | −0.10 |
| ORCL Oracle Corp. | Reduce -12.2% | 0.53% | −0.09 |
| WM Waste Management Inc. | Reduce -0.8% | 2.21% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -53.4% | 0.06% | −0.08 |
| APTV Aptiv PLC | Reduce -12.8% | 0.22% | −0.08 |
| PFE Pfizer Inc. | Reduce -10.5% | 0.33% | −0.07 |
| EW Edwards Lifesciences Corp. | Reduce -82.3% | 0.01% | −0.06 |
| MP MP Materials Corp. | Reduce -12.8% | 0.20% | −0.06 |
| SYK Stryker Corp. | Reduce -2.6% | 1.60% | −0.05 |
| DHR Danaher Corp. | Reduce -0.5% | 0.16% | −0.03 |
| OMC Omnicom Group | Reduce -4.0% | 0.12% | −0.03 |
| EMN Eastman Chemical Co. | Reduce -73.9% | 0.01% | −0.03 |
| CCK Crown Holdings Inc. | Reduce -23.9% | 0.05% | −0.03 |
| ARRY Array Technologies Inc. | Reduce -5.3% | 0.15% | −0.02 |
| ADBE Adobe Inc. | Reduce -1.6% | 0.11% | −0.02 |
| BSX Boston Scientific Corp. | Reduce -9.6% | 0.39% | −0.02 |
| GIS General Mills Inc. | Reduce -1.8% | 0.08% | −0.01 |
| ANSS Ansys Inc. | Reduce -12.7% | 0.17% | −0.01 |
| AMT American Tower Corp. | Reduce -4.1% | 0.04% | −0.01 |
| OTIS Otis Worldwide Corp. | Reduce -4.0% | 0.07% | −0.01 |
| CP Canadian Pacific Kansas City | Reduce -4.0% | 0.03% | −0.01 |
| YETI Yeti Holdings Inc. | Reduce -8.1% | 0.05% | −0.01 |
| CNI Canadian Natl Railway Co. | Reduce -4.0% | 0.03% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -0.5% | 0.08% | −0.01 |
| LKQ LKQ Corp. | Reduce -3.0% | 0.04% | −0.01 |
| NUE Nucor Corp. | Reduce -4.1% | 0.01% | −0.01 |
| AMGN Amgen Inc. | Reduce -4.1% | 0.02% | −0.00 |
| CSX CSX Corp. | Reduce -4.0% | 0.04% | −0.00 |
| BALL Ball Corp. | Reduce -4.0% | 0.01% | −0.00 |
| STLD Steel Dynamics Inc. | Reduce -4.0% | 0.02% | −0.00 |
| NSC Norfolk Southern Corp. | Reduce -4.1% | 0.03% | −0.00 |
| RMD Resmed Inc. | Reduce -4.2% | 0.02% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | Add +2.1% | 5.36% | +0.61 |
| LULU Lululemon Athletica Inc. | Add +61.0% | 1.03% | +0.58 |
| ENS Enersys | New | 0.41% | +0.41 |
| AVY Avery Dennison Corp. | Add +606.0% | 0.46% | +0.38 |
| CDNS Cadence Design SYS Inc. | Add +90.0% | 0.65% | +0.34 |
| ROP Roper Technologies Inc. | Add +141.6% | 0.60% | +0.33 |
| MPWR Monolithic Power Systems Inc. | Add +2091.6% | 0.35% | +0.32 |
| CRM Salesforce Inc. | Add +18.3% | 1.03% | +0.32 |
| VLTO Veralto Corp. | Add +458.3% | 0.39% | +0.31 |
| PNR Pentair PLC | Add +248.9% | 0.43% | +0.31 |
| MSFT Microsoft Corp. | Add +9.2% | 4.77% | +0.30 |
| MTD Mettler-Toledo International | Add +373.5% | 0.40% | +0.30 |
| ZTS Zoetis Inc. | Add +76.1% | 0.89% | +0.28 |
| TJX TJX Companies Inc. | New | 0.27% | +0.27 |
| AWK American Water Works Co. Inc. | Add +39.8% | 1.66% | +0.26 |
| BMI Badger Meter Inc. | Add +39.2% | 0.93% | +0.24 |
| BFAM Bright Horizons Family Solut | Add +67.0% | 0.99% | +0.24 |
| TPC Tutor Perini Corp. | New | 0.23% | +0.23 |
| EBAY eBay Inc. | Add +37.1% | 1.00% | +0.23 |
| AXP American Express Co. | Add +2.3% | 2.20% | +0.23 |
| BNY Bank of New York Mellon Corp. | New | 0.23% | +0.23 |
| TREX Trex Company Inc. | Add +280.4% | 0.29% | +0.22 |
| GM General Motors Co. | Add +2.3% | 1.18% | +0.21 |
| EMR Emerson Electric Co. | Add +81.5% | 0.41% | +0.21 |
| IEX Idex Corp. | Add +32.0% | 0.93% | +0.21 |
| GDDY GoDaddy Inc. Class A | Add +3.2% | 0.82% | +0.19 |
| NOW ServiceNow Inc. | Add +2.7% | 1.05% | +0.19 |
| NEO Neogenomics Inc. | New | 0.18% | +0.18 |
| CMG Chipotle Mexican Grill Inc. | Add +28.4% | 0.72% | +0.18 |
| GPK Graphic Packaging Holding Co. | Add +41.2% | 0.72% | +0.16 |
| XYL Xylem Inc. | Add +27.1% | 1.68% | +0.14 |
| SFM Sprouts Farmers Market Inc. | Add +14.7% | 0.56% | +0.14 |
| LIN Linde PLC | Add +32.1% | 0.92% | +0.13 |
| ISRG Intuitive Surgical Inc. | Add +3.7% | 1.23% | +0.11 |
| OC Owens Corning | New | 0.11% | +0.11 |
| ONON On Holding AG Class A | New | 0.11% | +0.11 |
| HPE Hewlett Packard Enterprise | New | 0.10% | +0.10 |
| WY Weyerhaeuser Co. | Add +48.9% | 0.47% | +0.09 |
| WDAY Workday Inc. Class A | Add +3.5% | 0.95% | +0.08 |
| BSY Bentley Systems Inc. Class B | Add +15.7% | 1.36% | +0.08 |
| CYBR Cyberark Software Ltd./Israel | Add +3.3% | 0.50% | +0.08 |
| VITL Vital Farms Inc. | New | 0.07% | +0.07 |
| PANW Palo Alto Networks Inc. | Add +3.6% | 0.66% | +0.06 |
| VRT Vertiv Holdings Co. Class A | New | 0.06% | +0.06 |
| VOYA Voya Financial Inc. | New | 0.05% | +0.05 |
| NFLX Netflix Inc. | New | 0.05% | +0.05 |
| FLNC Fluence Energy Inc. | New | 0.05% | +0.05 |
| WTS Watts Water Technologies-A | Add +2.5% | 0.19% | +0.00 |
| UNP Union Pacific Corp. | Add +3.3% | 1.06% | −0.05 |
| TTEK Tetra Tech Inc. | Add +9.4% | 0.84% | −0.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 185 | $2.7B | NVDA, CDNS, MSFT, AVGO, GOOGL |
| Q1 2026 | 179 | $2.5B | NVDA, MSFT, CDNS, NOW, SNPS |
| Q4 2025 | 92 | $693.5M | NVDA, MSFT, ECL, ACN, FSLR |
| Q3 2025 | 111 | $707.4M | NVDA, MSFT, ECL, ACN, FSLR |
| Q2 2025 | 119 | $708.8M | TMO, ECL, NVDA, MSFT, ACN |
| Q1 2025 | 134 | $555.9M | TMO, ECL, ACN, NVDA, MSFT |
| Q4 2024 | 129 | $579.5M | TMO, ACN, ECL, NVDA, MSFT |
| Q3 2024 | 120 | $578.7M | TMO, ACN, ECL, NVDA, MSFT |
| Q2 2024 | 123 | $547.3M | TMO, ACN, ECL, NVDA, MSFT |
| Q1 2024 | 135 | $564.5M | TMO, ACN, ECL, NVDA, MSFT |