Mirova US LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Mirova US LLC reported 45 stock positions worth $9.3 billion. Its top holding was Nvidia (NVDA) at 9.3% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 5.8%) and Mastercard Class A (MA, 5.1%). Compared with Q1 2026, it opened 5 new positions, sold out of 2, added to 4 and reduced 36. The biggest buy was a new position in Advanced Micro Devices (AMD) and the biggest sale Microsoft (MSFT, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001802900
- Portfolio Value
- $9.3B (Q2 2026)
- SEC Filing
- 0001172661-26-003465 ↗ filed Aug 14, 2026
Holdings Value
Holdings 45 stocks · $9.3B
| NVDA Nvidia Corp. | 9.27% | 4,309,689 | $862.3M | Reduce -14.8% |
| TSM Taiwan Semiconductor-SP ADR | 5.84% | 1,137,112 | $543.1M | Reduce -11.3% |
| MA Mastercard Inc. Class A | 5.11% | 924,618 | $474.9M | Reduce -3.5% |
| MSFT Microsoft Corp. | 4.84% | 1,206,161 | $449.9M | Reduce -22.5% |
| PANW Palo Alto Networks Inc. | 4.79% | 1,305,090 | $445.1M | Reduce -18.6% |
| LLY Eli Lilly & Co. | 4.57% | 354,043 | $424.6M | Reduce -3.9% |
| EBAY eBay Inc. | 3.85% | 3,206,010 | $358.3M | Reduce -6.6% |
| AVGO Broadcom Inc. | 3.73% | 919,362 | $347.3M | Reduce -17.4% |
| VRT Vertiv Holdings Co. Class A | 3.56% | 988,313 | $330.9M | Reduce -3.4% |
| NEE Nextera Energy Inc. | 3.36% | 3,556,095 | $312.1M | Reduce -1.9% |
| ECL Ecolab Inc. | 3.34% | 1,113,930 | $310.4M | Reduce -4.8% |
| SHOP Shopify Inc. Class A | 3.19% | 2,600,237 | $296.9M | Reduce -2.7% |
| TMO Thermo Fisher Scientific Inc. | 3.19% | 591,257 | $296.4M | Reduce -3.9% |
| HUBB Hubbell Inc. | 3.16% | 561,819 | $293.9M | Reduce -2.5% |
| WM Waste Management Inc. | 3.15% | 1,312,962 | $292.6M | Reduce -3.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 3.10% | 1,901,496 | $288.1M | Reduce -21.0% |
| EW Edwards Lifesciences Corp. | 2.47% | 2,540,381 | $229.8M | Reduce -3.3% |
| CP Canadian Pacific Kansas City | 2.41% | 2,586,427 | $224.1M | Add +33.0% |
| XYL Xylem Inc. | 2.17% | 1,707,194 | $201.8M | Reduce -5.5% |
| LOW Lowe's Cos Inc. | 2.15% | 907,806 | $200.2M | Reduce -3.6% |
| ISRG Intuitive Surgical Inc. | 2.11% | 492,324 | $195.8M | Reduce -3.9% |
| DHR Danaher Corp. | 2.05% | 999,996 | $190.5M | Reduce -4.9% |
| AGCO Agco Corp. | 1.97% | 1,528,332 | $182.9M | Reduce -3.7% |
| WTS Watts Water Technologies-A | 1.73% | 412,095 | $161.3M | Reduce -5.9% |
| FSLR First Solar Inc. | 1.66% | 655,621 | $154.7M | Reduce -6.2% |
| BALL Ball Corp. | 1.61% | 2,399,395 | $149.7M | Reduce -0.3% |
| AMD Advanced Micro Devices | 1.56% | 249,822 | $145.1M | New |
| VLTO Veralto Corp. | 1.55% | 1,628,033 | $144.4M | Reduce -3.6% |
| BSX Boston Scientific Corp. | 1.42% | 3,101,478 | $132.4M | Add +40.8% |
| SW Smurfit Westrock PLC | 1.18% | 2,363,387 | $109.3M | New |
| V Visa Inc. Class A | 1.08% | 293,703 | $100.8M | Reduce -9.8% |
| WMS Advanced Drainage Systems Inc. | 1.04% | 619,117 | $97.2M | Reduce -1.6% |
| AWK American Water Works Co. Inc. | 0.99% | 697,230 | $91.7M | Reduce -7.1% |
| CRM Salesforce Inc. | 0.95% | 563,506 | $88.3M | Reduce -7.5% |
| ORCL Oracle Corp. | 0.68% | 429,354 | $62.9M | New |
| ACN Accenture PLC Class A | 0.45% | 337,013 | $41.9M | Reduce -50.6% |
| GOOGL Alphabet Inc. Class A | 0.26% | 67,085 | $24.0M | Add +245.4% |
| AAPL Apple Inc. | 0.13% | 40,220 | $11.6M | Add +160.8% |
| JPM JPMorgan Chase & Co. | 0.11% | 31,658 | $10.4M | New |
| ORLY O'reilly Automotive Inc. | 0.08% | 82,108 | $7.6M | New |
| JCI Johnson Controls Internation | 0.06% | 37,625 | $5.5M | Reduce -14.4% |
| NDAQ Nasdaq Inc. | 0.03% | 39,990 | $3.2M | Reduce -39.6% |
| CL Colgate-Palmolive Co. | 0.03% | 28,979 | $2.7M | Reduce -14.4% |
| ES Eversource Energy | 0.03% | 33,715 | $2.4M | Reduce -23.1% |
| INTU Intuit Inc. | 0.01% | 4,931 | $1.3M | Reduce -14.4% |
Portfolio Sells Q1 2026 → Q2 2026
| MSFT Microsoft Corp. | Reduce -22.5% | 4.84% | −1.70 |
| TJX TJX Companies Inc. | Reduce -21.0% | 3.10% | −1.27 |
| ACN Accenture PLC Class A | Reduce -50.6% | 0.45% | −1.09 |
| NVDA Nvidia Corp. | Reduce -14.8% | 9.27% | −0.73 |
| ISRG Intuitive Surgical Inc. | Reduce -3.9% | 2.11% | −0.58 |
| NEE Nextera Energy Inc. | Reduce -1.9% | 3.36% | −0.46 |
| WM Waste Management Inc. | Reduce -3.6% | 3.15% | −0.41 |
| SHOP Shopify Inc. Class A | Reduce -2.7% | 3.19% | −0.40 |
| LOW Lowe's Cos Inc. | Reduce -3.6% | 2.15% | −0.37 |
| CRM Salesforce Inc. | Reduce -7.5% | 0.95% | −0.34 |
| MA Mastercard Inc. Class A | Reduce -3.5% | 5.11% | −0.32 |
| XYL Xylem Inc. | Reduce -5.5% | 2.17% | −0.28 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.9% | 3.19% | −0.24 |
| DHR Danaher Corp. | Reduce -4.9% | 2.05% | −0.21 |
| ECL Ecolab Inc. | Reduce -4.8% | 3.34% | −0.19 |
| AVGO Broadcom Inc. | Reduce -17.4% | 3.73% | −0.18 |
| AWK American Water Works Co. Inc. | Reduce -7.1% | 0.99% | −0.17 |
| VLTO Veralto Corp. | Reduce -3.6% | 1.55% | −0.14 |
| AGCO Agco Corp. | Reduce -3.7% | 1.97% | −0.12 |
| HUBB Hubbell Inc. | Reduce -2.5% | 3.16% | −0.05 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.04 |
| V Visa Inc. Class A | Reduce -9.8% | 1.08% | −0.03 |
| NDAQ Nasdaq Inc. | Reduce -39.6% | 0.03% | −0.03 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Reduce -14.4% | 0.01% | −0.01 |
| ES Eversource Energy | Reduce -23.1% | 0.03% | −0.01 |
| JCI Johnson Controls Internation | Reduce -14.4% | 0.06% | −0.01 |
| BALL Ball Corp. | Reduce -0.3% | 1.61% | −0.00 |
| CL Colgate-Palmolive Co. | Reduce -14.4% | 0.03% | −0.00 |
| WMS Advanced Drainage Systems Inc. | Reduce -1.6% | 1.04% | +0.07 |
| EW Edwards Lifesciences Corp. | Reduce -3.3% | 2.47% | +0.08 |
| FSLR First Solar Inc. | Reduce -6.2% | 1.66% | +0.10 |
| WTS Watts Water Technologies-A | Reduce -5.9% | 1.73% | +0.29 |
| EBAY eBay Inc. | Reduce -6.6% | 3.85% | +0.31 |
| VRT Vertiv Holdings Co. Class A | Reduce -3.4% | 3.56% | +0.65 |
| LLY Eli Lilly & Co. | Reduce -3.9% | 4.57% | +0.72 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -11.3% | 5.84% | +0.92 |
| PANW Palo Alto Networks Inc. | Reduce -18.6% | 4.79% | +1.87 |
Portfolio Buys Q1 2026 → Q2 2026
| AMD Advanced Micro Devices | New | 1.56% | +1.56 |
| SW Smurfit Westrock PLC | New | 1.18% | +1.18 |
| ORCL Oracle Corp. | New | 0.68% | +0.68 |
| CP Canadian Pacific Kansas City | Add +33.0% | 2.41% | +0.67 |
| GOOGL Alphabet Inc. Class A | Add +245.4% | 0.26% | +0.19 |
| JPM JPMorgan Chase & Co. | New | 0.11% | +0.11 |
| ORLY O'reilly Automotive Inc. | New | 0.08% | +0.08 |
| AAPL Apple Inc. | Add +160.8% | 0.13% | +0.08 |
| BSX Boston Scientific Corp. | Add +40.8% | 1.42% | −0.15 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 45 | $9.3B | NVDA, TSM, MA, MSFT, PANW |
| Q1 2026 | 42 | $8.8B | NVDA, MSFT, MA, TSM, TJX |
| Q4 2025 | 43 | $10.0B | NVDA, MSFT, MA, TSM, SHOP |
| Q3 2025 | 36 | $9.9B | NVDA, MSFT, MA, ECL, TSM |
| Q2 2025 | 35 | $9.7B | NVDA, MSFT, MA, ECL, ROP |
| Q1 2025 | 34 | $8.4B | MSFT, NVDA, MA, LLY, ECL |
| Q4 2024 | 34 | $8.3B | NVDA, MSFT, MA, LLY, ECL |
| Q3 2024 | 33 | $8.7B | MSFT, NVDA, MA, LLY, ECL |
| Q2 2024 | 29 | $8.0B | NVDA, MSFT, LLY, MA, EBAY |
| Q1 2024 | 27 | $7.4B | MA, MSFT, NVDA, EBAY, LLY |