Natixis
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Natixis reported 1,086 stock positions worth $25.4 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 20.4% of the portfolio, followed by Ste STR SPDR PT S&P 500 ETF (SPYM, 5.2%) and Meta Platforms Class A (META, 4.0%). Compared with Q3 2025, it opened 285 new positions, sold out of 232, added to 381 and reduced 348. The biggest buy was a new position in Vanguard S&P 500 ETF (VOO) and the biggest sale Microsoft (MSFT, shares −77%).
- Most Recent 13F
- Q2 2026
- Location
- PARIS, I0
- CIK
- 0001274981
- Portfolio Value
- $25.4B (Q4 2025)
- SEC Filing
- 0001104659-26-015191 ↗ filed Feb 13, 2026
Holdings Value
Holdings 1,086 stocks · $25.4B
| VOO Vanguard S&P 500 ETF | 20.39% | 8,250,224 | $5.2B | New |
| SPYM Ste STR SPDR PT S&P 500 ETF | 5.24% | 16,433,000 | $1.3B | New |
| META Meta Platforms Inc. Class A | 4.00% | 1,539,032 | $1.0B | Add +25.6% |
| AVGO Broadcom Inc. | 3.57% | 2,615,845 | $905.3M | Reduce -11.7% |
| NVDA Nvidia Corp. | 3.16% | 4,304,293 | $802.8M | Reduce -33.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.52% | 938,876 | $640.2M | Reduce -18.7% |
| AMZN Amazon.com Inc. | 2.35% | 2,584,851 | $596.6M | Add +155.3% |
| JPM JPMorgan Chase & Co. | 2.04% | 1,603,332 | $516.6M | Add +95.8% |
| TSLA Tesla Inc. | 1.48% | 834,256 | $375.2M | Reduce -31.9% |
| AAPL Apple Inc. | 1.36% | 1,269,274 | $345.1M | Reduce -34.2% |
| ET Energy Transfer LP | 1.33% | 20,484,524 | $337.8M | Add +16.5% |
| MU Micron Technology Inc. | 1.12% | 997,753 | $284.8M | Add +85.3% |
| EQIX Equinix Inc. | 1.07% | 353,545 | $270.9M | Add +153.8% |
| LLY Eli Lilly & Co. | 0.87% | 205,002 | $220.3M | Reduce -16.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.87% | 357,535 | $219.6M | Add +445.3% |
| CSCO Cisco Systems Inc. | 0.84% | 2,780,889 | $214.2M | Add +28.9% |
| COIN Coinbase Global Inc. Class A | 0.81% | 911,803 | $206.2M | Add +9.0% |
| MSFT Microsoft Corp. | 0.66% | 344,825 | $166.8M | Reduce -76.8% |
| PSNY Polestar Automotive Class A ADS | 0.65% | 7,755,946 | $165.7M | New |
| ORCL Oracle Corp. | 0.61% | 790,446 | $154.1M | Add +188.2% |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | 0.55% | 89,500 | $140.4M | Add +5.9% |
| PFE Pfizer Inc. | 0.55% | 5,629,824 | $140.2M | Add +69.3% |
| MA Mastercard Inc. Class A | 0.52% | 232,646 | $132.8M | Add +51.9% |
| FCX Freeport-McMoran Inc. | 0.52% | 2,607,117 | $132.4M | Add +311.7% |
| GOOGL Alphabet Inc. Class A | 0.51% | 413,945 | $129.6M | Reduce -84.9% |
| PLTR Palantir Technologies Inc. Class A | 0.50% | 717,399 | $127.5M | Add +10.1% |
| PM Philip Morris International | 0.46% | 734,303 | $117.8M | Add +760.2% |
| TXN Texas Instruments Inc. | 0.43% | 622,011 | $107.9M | Add +1095.6% |
| AMAT Applied Materials Inc. | 0.42% | 417,280 | $107.2M | Add +115.8% |
| PYPL PayPal Holdings Inc. | 0.40% | 1,759,808 | $102.7M | Add +449.2% |
| HON Honeywell International Inc. | 0.40% | 519,096 | $101.3M | Add +86.2% |
| BA The Boeing Co. | 0.37% | 433,903 | $94.2M | Add +180.8% |
| XOM Exxon Mobil Corp. | 0.36% | 761,919 | $91.7M | Add +51.4% |
| NFLX Netflix Inc. | 0.36% | 976,472 | $91.6M | Add +124.1% |
| BKNG Booking Holdings Inc. | 0.35% | 16,648 | $89.2M | Add +93.9% |
| CMCSA Comcast Corp. Class A | 0.35% | 2,958,863 | $88.4M | Add +319.5% |
| XHB SS SPDR S&P Homebldrs ETF | 0.35% | 852,133 | $87.7M | Reduce -22.6% |
| PLD Prologis Inc. | 0.34% | 675,859 | $86.3M | Reduce -15.3% |
| JNJ Johnson & Johnson | 0.33% | 409,743 | $84.8M | Reduce -61.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 167,628 | $84.3M | Reduce -19.0% |
| BMY Bristol-Myers Squibb Co. | 0.33% | 1,545,529 | $83.4M | Add +124.8% |
| MSTR Strategy Inc. | 0.32% | 531,101 | $80.7M | Reduce -10.1% |
| XLP SS Consumer Staples Sel Sect | 0.32% | 1,037,995 | $80.6M | Reduce -1.7% |
| NTAP Netapp Inc. | 0.32% | 752,050 | $80.5M | Add +535.5% |
| COP Conocophillips | 0.32% | 859,925 | $80.5M | Add +260.2% |
| CRM Salesforce Inc. | 0.32% | 302,685 | $80.2M | Reduce -38.0% |
| ABBV Abbvie Inc. | 0.31% | 345,376 | $78.9M | Add +54.8% |
| GILD Gilead Sciences Inc. | 0.30% | 629,831 | $77.3M | Reduce -6.9% |
| NSC Norfolk Southern Corp. | 0.28% | 247,855 | $71.6M | Add +85.5% |
| INTC Intel Corp. | 0.28% | 1,918,409 | $70.8M | Add +104.3% |
| NOW ServiceNow Inc. | 0.27% | 452,890 | $69.4M | Add +283.2% |
| SYK Stryker Corp. | 0.26% | 190,230 | $66.9M | Add +212.7% |
| PGR Progressive Corp. | 0.26% | 287,263 | $65.4M | Add +134.1% |
| TER Teradyne Inc. | 0.24% | 318,924 | $61.7M | Add +165.1% |
| MNST Monster Beverage Corp. | 0.24% | 801,256 | $61.4M | Add +71.3% |
| XBI SS SPDR S&P Biotech ETF | 0.24% | 493,049 | $60.1M | Reduce -1.0% |
| PG The Procter & Gamble Co. | 0.24% | 419,024 | $60.1M | Reduce -21.4% |
| KLAC KLA Corp. | 0.23% | 49,046 | $59.6M | Add +922.6% |
| MO Altria Group Inc. | 0.23% | 1,023,017 | $59.0M | Add +172.4% |
| GD General Dynamics Corp. | 0.23% | 175,137 | $59.0M | Add +126.5% |
| INTU Intuit Inc. | 0.23% | 88,200 | $58.4M | New |
| WMB Williams Cos Inc. | 0.23% | 971,474 | $58.4M | Add +216.5% |
| HST Host Hotels & Resorts Inc. | 0.22% | 3,194,634 | $56.6M | Add +2721.5% |
| PSX Phillips 66 | 0.22% | 429,171 | $55.4M | New |
| XLI SS Industrial Select Sector | 0.21% | 350,617 | $54.4M | Reduce -0.3% |
| GS Goldman Sachs Group Inc. | 0.21% | 61,258 | $53.8M | Reduce -42.5% |
| BSX Boston Scientific Corp. | 0.21% | 554,011 | $52.8M | Add +1.5% |
| RL Ralph Lauren Corp. | 0.21% | 148,260 | $52.4M | Add +2892.1% |
| AMGN Amgen Inc. | 0.21% | 159,646 | $52.3M | Add +668.2% |
| CPT Camden Property Trust | 0.20% | 472,666 | $52.0M | Add +479.7% |
| CAT Caterpillar Inc. | 0.20% | 89,048 | $51.0M | Reduce -27.2% |
| WMT Walmart Inc. | 0.20% | 447,334 | $49.8M | Add +350.0% |
| LMT Lockheed Martin Corp. | 0.19% | 101,735 | $49.2M | Add +9.6% |
| WM Waste Management Inc. | 0.19% | 222,014 | $48.8M | Add +57.0% |
| USB US Bancorp | 0.19% | 910,808 | $48.6M | Add +3.0% |
| XLY SS Consumer Disc Select Sect | 0.19% | 401,780 | $48.0M | Add +0.2% |
| XME SS SPDR S&P Metals Mining | 0.19% | 453,635 | $47.0M | Reduce -43.6% |
| HD Home Depot Inc. | 0.18% | 136,315 | $46.9M | Reduce -42.3% |
| ADI Analog Devices Inc. | 0.18% | 171,209 | $46.4M | Reduce -20.2% |
| GEV GE Vernova Inc. | 0.18% | 70,852 | $46.3M | Reduce -43.6% |
| CRBG Corebridge Financial Inc. | 0.18% | 1,528,121 | $46.1M | Add +551.5% |
| TPR Tapestry Inc. | 0.18% | 359,980 | $46.0M | Add +575.1% |
| XLB SS Materials Select Sector | 0.18% | 1,002,442 | $45.5M | Reduce -0.4% |
| WELL Welltower Inc. | 0.17% | 237,243 | $44.0M | Reduce -1.2% |
| FOXA Fox Corp. Class A | 0.17% | 600,677 | $43.9M | New |
| UBER Uber Technologies Inc. | 0.17% | 529,357 | $43.3M | Add +197.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.17% | 845,298 | $43.0M | Add +120.7% |
| HLT Hilton Worldwide Holdings Inc. | 0.17% | 148,329 | $42.6M | Reduce -22.7% |
| XRT SS SPDR S&P Retail ETF | 0.17% | 491,841 | $41.9M | Reduce -1.7% |
| ROP Roper Technologies Inc. | 0.16% | 93,081 | $41.4M | Reduce -3.3% |
| TEAM Atlassian Corp. Class A | 0.16% | 255,181 | $41.4M | Add +278.2% |
| VLTO Veralto Corp. | 0.16% | 412,290 | $41.1M | Add +43.7% |
| ALB Albemarle Corp. | 0.16% | 289,523 | $41.0M | New |
| ISRG Intuitive Surgical Inc. | 0.16% | 72,173 | $40.9M | Reduce -50.0% |
| WFC Wells Fargo & Co. | 0.16% | 432,622 | $40.3M | Reduce -2.8% |
| KIM Kimco Realty Corp. | 0.16% | 1,974,216 | $40.0M | Add +9886.4% |
| MCHP Microchip Technology Inc. | 0.16% | 622,596 | $39.7M | Add +0.9% |
| COST Costco Wholesale Corp. | 0.16% | 45,773 | $39.5M | Reduce -11.5% |
| B Barrick Mining Corp. | 0.16% | 904,865 | $39.4M | Add +42.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.15% | 82,294 | $38.6M | Add +357.3% |
Options reported separately and not counted above: NVDA puts ($1.8B), TSLA puts ($258.6M), IWM puts ($178.5M), SPY puts ($105.7M), NVDA calls ($75.2M), COIN puts ($57.1M), GS calls ($53.2M), QQQ calls ($43.0M), MRNA puts ($29.5M), QQQ puts ($23.0M), IWM calls ($18.5M), ALB puts ($15.6M), and 10 more.
Other holdings (2): bonds, preferreds, convertibles and warrants · $6K (not counted above)
Total filed on the 13F, all lines: $25.4B.
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -76.8% | 0.66% | −3.53 |
| NVDA Nvidia Corp. | Reduce -33.8% | 3.16% | −3.43 |
| GOOGL Alphabet Inc. Class A | Reduce -84.9% | 0.51% | −3.11 |
| AVGO Broadcom Inc. | Reduce -11.7% | 3.57% | −1.74 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -18.7% | 2.52% | −1.65 |
| TSLA Tesla Inc. | Reduce -31.9% | 1.48% | −1.48 |
| AAPL Apple Inc. | Reduce -34.2% | 1.36% | −1.31 |
| XLF SS Financial Select Sector | Reduce -99.9% | 0.00% | −0.73 |
| JNJ Johnson & Johnson | Reduce -61.2% | 0.33% | −0.73 |
| MSTR Strategy Inc. | Reduce -10.1% | 0.32% | −0.72 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.67 |
| ELV Elevance Health Inc. | Reduce -96.7% | 0.01% | −0.52 |
| GE General Electric | Reduce -75.0% | 0.11% | −0.50 |
| UNH Unitedhealth Group Inc. | Reduce -77.4% | 0.08% | −0.42 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.39 |
| MRSH Marsh & McLennan Cos | Reduce -93.9% | 0.02% | −0.36 |
| TMO Thermo Fisher Scientific Inc. | Reduce -69.6% | 0.13% | −0.35 |
| KVUE Kenvue Inc. | Reduce -68.3% | 0.11% | −0.35 |
| ABT Abbott Laboratories | Reduce -57.1% | 0.14% | −0.35 |
| HD Home Depot Inc. | Reduce -42.3% | 0.18% | −0.33 |
| XHB SS SPDR S&P Homebldrs ETF | Reduce -22.6% | 0.35% | −0.32 |
| ANET Arista Networks Inc. | Reduce -72.9% | 0.07% | −0.31 |
| CRM Salesforce Inc. | Reduce -38.0% | 0.32% | −0.31 |
| GOOG Alphabet Inc. Class C | Reduce -84.9% | 0.05% | −0.30 |
| ECL Ecolab Inc. | Reduce -84.0% | 0.04% | −0.29 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.28 |
| MRK Merck & Co. Inc. | Reduce -64.5% | 0.13% | −0.27 |
| MPLX MPLX LP | Reduce -97.5% | 0.01% | −0.26 |
| SJM The JM Smucker Co. | Reduce -94.1% | 0.01% | −0.25 |
| GS Goldman Sachs Group Inc. | Reduce -42.5% | 0.21% | −0.25 |
| FISV Fiserv Inc. | Reduce -60.5% | 0.04% | −0.25 |
| GEV GE Vernova Inc. | Reduce -43.6% | 0.18% | −0.24 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -19.0% | 0.33% | −0.23 |
| XME SS SPDR S&P Metals Mining | Reduce -43.6% | 0.19% | −0.22 |
| CVX Chevron Corp. | Reduce -79.5% | 0.04% | −0.21 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.21 |
| K Kellanova | Sold out | 0.00% | −0.21 |
| EQT Eqt Corp. | Reduce -63.0% | 0.07% | −0.21 |
| PG The Procter & Gamble Co. | Reduce -21.4% | 0.24% | −0.21 |
| LUV Southwest Airlines Co. | Reduce -98.3% | 0.00% | −0.21 |
| VST Vistra Corp. | Reduce -64.7% | 0.05% | −0.20 |
| NKE Nike Inc. Class B | Reduce -54.2% | 0.08% | −0.19 |
| ISRG Intuitive Surgical Inc. | Reduce -50.0% | 0.16% | −0.19 |
| MSCI MSCI Inc. | Reduce -96.5% | 0.00% | −0.19 |
| CBOE Cboe Global Markets Inc. | Reduce -83.1% | 0.03% | −0.18 |
| BILL Bill Holdings Inc. | Reduce -92.1% | 0.01% | −0.18 |
| BBY Best Buy Co. Inc. | Reduce -83.3% | 0.02% | −0.18 |
| ICE Intercontinental Exchange Inc. | Reduce -98.1% | 0.00% | −0.17 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.17 |
| KO The Coca-Cola Co. | Reduce -68.0% | 0.05% | −0.17 |
Portfolio Buys Q3 2025 → Q4 2025
| VOO Vanguard S&P 500 ETF | New | 20.39% | +20.39 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 5.24% | +5.24 |
| AMZN Amazon.com Inc. | Add +155.3% | 2.35% | +1.14 |
| PSNY Polestar Automotive Class A ADS | New | 0.65% | +0.65 |
| QQQ Invesco QQQ Trust Series 1 | Add +445.3% | 0.87% | +0.65 |
| JPM JPMorgan Chase & Co. | Add +95.8% | 2.04% | +0.63 |
| MU Micron Technology Inc. | Add +85.3% | 1.12% | +0.63 |
| ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) | Add +5.9% | 0.55% | +0.55 |
| EQIX Equinix Inc. | Add +153.8% | 1.07% | +0.47 |
| PM Philip Morris International | Add +760.2% | 0.46% | +0.39 |
| FCX Freeport-McMoran Inc. | Add +311.7% | 0.52% | +0.39 |
| TXN Texas Instruments Inc. | Add +1095.6% | 0.43% | +0.37 |
| PYPL PayPal Holdings Inc. | Add +449.2% | 0.40% | +0.29 |
| NTAP Netapp Inc. | Add +535.5% | 0.32% | +0.24 |
| INTU Intuit Inc. | New | 0.23% | +0.23 |
| CMCSA Comcast Corp. Class A | Add +319.5% | 0.35% | +0.23 |
| PSX Phillips 66 | New | 0.22% | +0.22 |
| HST Host Hotels & Resorts Inc. | Add +2721.5% | 0.22% | +0.21 |
| AMAT Applied Materials Inc. | Add +115.8% | 0.42% | +0.21 |
| KLAC KLA Corp. | Add +922.6% | 0.23% | +0.21 |
| RL Ralph Lauren Corp. | Add +2892.1% | 0.21% | +0.20 |
| COP Conocophillips | Add +260.2% | 0.32% | +0.19 |
| BA The Boeing Co. | Add +180.8% | 0.37% | +0.19 |
| ORCL Oracle Corp. | Add +188.2% | 0.61% | +0.19 |
| AMGN Amgen Inc. | Add +668.2% | 0.21% | +0.17 |
| FOXA Fox Corp. Class A | New | 0.17% | +0.17 |
| ALB Albemarle Corp. | New | 0.16% | +0.16 |
| BMY Bristol-Myers Squibb Co. | Add +124.8% | 0.33% | +0.16 |
| CPT Camden Property Trust | Add +479.7% | 0.20% | +0.16 |
| KIM Kimco Realty Corp. | Add +9886.4% | 0.16% | +0.16 |
| NOW ServiceNow Inc. | Add +283.2% | 0.27% | +0.16 |
| TER Teradyne Inc. | Add +165.1% | 0.24% | +0.15 |
| TPR Tapestry Inc. | Add +575.1% | 0.18% | +0.15 |
| WDC Western Digital Corp. | New | 0.15% | +0.15 |
| SYK Stryker Corp. | Add +212.7% | 0.26% | +0.14 |
| CRBG Corebridge Financial Inc. | Add +551.5% | 0.18% | +0.14 |
| WMT Walmart Inc. | Add +350.0% | 0.20% | +0.14 |
| CSX CSX Corp. | New | 0.13% | +0.13 |
| WMB Williams Cos Inc. | Add +216.5% | 0.23% | +0.12 |
| ATI Ati Inc. | New | 0.12% | +0.12 |
| INVH Invitation Homes Inc. | Add +515.0% | 0.15% | +0.11 |
| CELH Celsius Holdings Inc. | New | 0.11% | +0.11 |
| BNY Bank of New York Mellon Corp. | Add +1435.9% | 0.12% | +0.11 |
| URI United Rentals Inc. | New | 0.11% | +0.11 |
| INTC Intel Corp. | Add +104.3% | 0.28% | +0.11 |
| PTC PTC Inc. | Add +1581.2% | 0.12% | +0.11 |
| DRI Darden Restaurants Inc. | Add +1978.0% | 0.11% | +0.11 |
| UPSTART HOLDINGS INC (UPST 2 10/01/29) | New | 0.11% | +0.11 |
| TEAM Atlassian Corp. Class A | Add +278.2% | 0.16% | +0.10 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +357.3% | 0.15% | +0.10 |
Options Activity Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | put | Add +4.9% | 9,514,100 | $1.8B |
| TSLA Tesla Inc. | put | Reduce -35.0% | 575,000 | $258.6M |
| IWM iShares Russell 2000 ETF | put | Reduce -5.2% | 725,000 | $178.5M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +106.7% | 155,000 | $105.7M |
| NVDA Nvidia Corp. | call | Add +46.5% | 403,000 | $75.2M |
| COIN Coinbase Global Inc. Class A | put | Reduce -52.3% | 252,500 | $57.1M |
| GS Goldman Sachs Group Inc. | call | New | 60,500 | $53.2M |
| QQQ Invesco QQQ Trust Series 1 | call | Add +75.0% | 70,000 | $43.0M |
| CHTR Charter Communications Inc. Class A | put | Sold out | 130,000 | $35.8Mbefore exit |
| MRNA Moderna Inc. | put | Reduce -37.5% | 1,000,000 | $29.5M |
| DELL Dell Technologies -C | put | Sold out | 200,000 | $28.4Mbefore exit |
| ECHO Echostar Corp. Class A | put | Sold out | 350,000 | $26.7Mbefore exit |
| IWM iShares Russell 2000 ETF | call | Add +7.1% | 75,000 | $18.5M |
| AAL American Airlines Group Inc. | put | Reduce -20.0% | 780,000 | $12.0M |
| DIA SS SPDR Dow Jones Indus Avg | put | New | 20,000 | $9.6M |
| TSLA Tesla Inc. | call | Reduce -61.5% | 20,000 | $9.0M |
| UEC Uranium Energy Corp. | put | Sold out | 650,000 | $8.7Mbefore exit |
| MSTR Strategy Inc. | put | Reduce -93.9% | 25,000 | $3.8M |
| BABA Alibaba Group Holding-SP ADR | call | New | 16,000 | $2.3M |
| BYND Beyond Meat Inc. | put | New | 200,000 | $164K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | New | 1,850 | $6K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,105 | $21.1B | VOO, NVDA, META, GOOGL, AAPL |
| Q1 2026 | 1,054 | $24.8B | VOO, NVDA, AAPL, SPYM, MSFT |
| Q4 2025 | 1,086 | $25.4B | VOO, SPYM, META, AVGO, NVDA |
| Q3 2025 | 1,031 | $18.4B | NVDA, AVGO, META, MSFT, SPY |
| Q2 2025 | 994 | $20.0B | NVDA, AAPL, MSFT, SPY, TSLA |
| Q1 2025Amended | 935 | $16.8B | NVDA, AAPL, MSFT, SPY, TSLA |
| Q4 2024 | 1,013 | $14.7B | NVDA, MSFT, AAPL, META, AMZN |
| Q3 2024 | 933 | $16.4B | NVDA, MSFT, SPY, AAPL, GOOGL |
| Q2 2024 | 963 | $15.9B | NVDA, MSFT, AAPL, SPY, AMZN |
| Q1 2024 | 977 | $18.0B | MSFT, NVDA, AAPL, SPY, AMZN |