Mirova US LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Mirova US LLC reported 27 stock positions worth $7.4 billion. Its top holding was Mastercard Class A (MA) at 7.6% of the portfolio, followed by Microsoft (MSFT, 7.2%) and Nvidia (NVDA, 7.0%). Compared with Q4 2023, it opened 1 new position, sold out of 1, added to 4 and reduced 21. The biggest buy was a new position in Shopify Class A (SHOP) and the biggest sale Adobe (ADBE, shares −40%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001802900
- Portfolio Value
- $7.4B (Q1 2024)
- SEC Filing
- 0001172661-24-002098 ↗ filed May 9, 2024
Holdings Value
Holdings 27 stocks · $7.4B
| MA Mastercard Inc. Class A | 7.56% | 1,167,226 | $562.1M | Reduce -1.8% |
| MSFT Microsoft Corp. | 7.15% | 1,264,348 | $531.9M | Reduce -1.7% |
| NVDA Nvidia Corp. | 6.99% | 575,732 | $520.2M | Reduce -38.7% |
| EBAY eBay Inc. | 6.37% | 8,981,324 | $474.0M | Reduce -1.8% |
| LLY Eli Lilly & Co. | 6.17% | 590,295 | $459.2M | Reduce -1.8% |
| ECL Ecolab Inc. | 6.00% | 1,931,862 | $446.1M | Reduce -1.8% |
| TMO Thermo Fisher Scientific Inc. | 5.98% | 764,819 | $444.5M | Reduce -1.8% |
| ROP Roper Technologies Inc. | 5.17% | 686,150 | $384.8M | Reduce -1.8% |
| V Visa Inc. Class A | 4.51% | 1,202,785 | $335.7M | Reduce -1.6% |
| TSM Taiwan Semiconductor-SP ADR | 4.28% | 2,340,292 | $318.4M | Reduce -2.0% |
| WM Waste Management Inc. | 4.05% | 1,414,737 | $301.6M | Add +54.8% |
| DHR Danaher Corp. | 3.90% | 1,160,313 | $289.8M | Reduce -1.8% |
| ADBE Adobe Inc. | 3.32% | 489,494 | $247.0M | Reduce -39.8% |
| NEE Nextera Energy Inc. | 3.23% | 3,761,987 | $240.4M | Reduce -1.7% |
| XYL Xylem Inc. | 3.20% | 1,840,605 | $237.9M | Reduce -1.7% |
| PANW Palo Alto Networks Inc. | 3.16% | 826,387 | $234.8M | Add +128.5% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 2.80% | 2,618,969 | $208.6M | Reduce -1.8% |
| AWK American Water Works Co. Inc. | 2.56% | 1,555,345 | $190.1M | Add +72.6% |
| BALL Ball Corp. | 2.25% | 2,482,177 | $167.2M | Reduce -1.8% |
| SHOP Shopify Inc. Class A | 2.07% | 1,991,779 | $153.7M | New |
| WTS Watts Water Technologies-A | 2.00% | 700,212 | $148.8M | Reduce -1.8% |
| ISRG Intuitive Surgical Inc. | 1.98% | 369,812 | $147.6M | Reduce -1.8% |
| AGCO Agco Corp. | 1.94% | 1,174,488 | $144.5M | Reduce -1.7% |
| VLTO Veralto Corp. | 1.23% | 1,033,443 | $91.6M | Add +161.8% |
| EW Edwards Lifesciences Corp. | 1.09% | 845,701 | $80.8M | Reduce -1.7% |
| ENPH Enphase Energy Inc. | 0.92% | 563,797 | $68.2M | Reduce -1.7% |
| FSLR First Solar Inc. | 0.12% | 53,498 | $9.0M | No change |
Portfolio Sells Q4 2023 → Q1 2024
| ADBE Adobe Inc. | Reduce -39.8% | 3.32% | −3.99 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −1.49 |
| APTV Aptiv Irish Holdings Ltd. | Reduce -1.8% | 2.80% | −0.80 |
| ROP Roper Technologies Inc. | Reduce -1.8% | 5.17% | −0.56 |
| V Visa Inc. Class A | Reduce -1.6% | 4.51% | −0.28 |
| NEE Nextera Energy Inc. | Reduce -1.7% | 3.23% | −0.27 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.8% | 5.98% | −0.25 |
| AGCO Agco Corp. | Reduce -1.7% | 1.94% | −0.24 |
| WTS Watts Water Technologies-A | Reduce -1.8% | 2.00% | −0.24 |
| ENPH Enphase Energy Inc. | Reduce -1.7% | 0.92% | −0.23 |
| DHR Danaher Corp. | Reduce -1.8% | 3.90% | −0.22 |
| MSFT Microsoft Corp. | Reduce -1.7% | 7.15% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -1.8% | 7.56% | −0.08 |
| XYL Xylem Inc. | Reduce -1.7% | 3.20% | −0.03 |
| NVDA Nvidia Corp. | Reduce -38.7% | 6.99% | −0.02 |
| BALL Ball Corp. | Reduce -1.8% | 2.25% | +0.06 |
| ISRG Intuitive Surgical Inc. | Reduce -1.8% | 1.98% | +0.07 |
| EW Edwards Lifesciences Corp. | Reduce -1.7% | 1.09% | +0.10 |
| ECL Ecolab Inc. | Reduce -1.8% | 6.00% | +0.12 |
| EBAY eBay Inc. | Reduce -1.8% | 6.37% | +0.36 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -2.0% | 4.28% | +0.54 |
| LLY Eli Lilly & Co. | Reduce -1.8% | 6.17% | +0.90 |
Portfolio Buys Q4 2023 → Q1 2024
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 |