Oddo BHF Asset Management Sas

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Oddo BHF Asset Management Sas reported 275 stock positions worth $2.7 billion. Its top holding was Nvidia (NVDA) at 9.6% of the portfolio, followed by Microsoft (MSFT, 8.8%) and Apple (AAPL, 4.7%). Compared with Q3 2025, it opened 76 new positions, sold out of 162, added to 126 and reduced 48. The biggest buy was a new position in Microsoft (MSFT) and the biggest sale an exit from Visa Class A (V).

Most Recent 13F
Q2 2026
Location
PARIS, I0
CIK
0001686970
Portfolio Value
$2.7B (Q4 2025)
SEC Filing
0001178913-26-000495 ↗ filed Feb 17, 2026

Holdings Value

0$1.0B$2.0B$3.0B Q3 2024: $2.0B Q3 2024 Q4 2024: $2.0B Q4 2024 Q1 2025: $2.4B Q1 2025 Q2 2025: $2.6B Q2 2025 Q3 2025: $2.6B Q3 2025 Q4 2025: $2.7B $2.7B Q4 2025 Q1 2026: $2.5B Q1 2026 Q2 2026: $2.1B Q2 2026

Holdings 275 stocks · $2.7B
NVDA Nvidia Corp. 9.63% 1,370,537 $255.6M Add +18.6%
MSFT Microsoft Corp. 8.80% 482,677 $233.4M New
AAPL Apple Inc. 4.74% 462,845 $125.8M Add +27.8%
AVGO Broadcom Inc. 3.98% 305,376 $105.7M Add +2.7%
BSX Boston Scientific Corp. 2.04% 567,904 $54.1M Add +25.7%
NFLX Netflix Inc. 1.69% 478,971 $44.9M Add +20.9%
JPM JPMorgan Chase & Co. 1.69% 139,209 $44.9M Add +74.9%
NOW ServiceNow Inc. 1.61% 279,748 $42.9M New
ANET Arista Networks Inc. 1.50% 303,958 $39.8M New
GOOG Alphabet Inc. Class C 1.48% 125,357 $39.3M Add +39.0%
MCK McKesson Corp. 1.47% 47,559 $39.0M Add +38.3%
CSCO Cisco Systems Inc. 1.43% 493,609 $38.0M Add +66.9%
LLY Eli Lilly & Co. 1.39% 34,349 $36.9M Add +5.8%
SPGI S&P Global Inc. 1.37% 69,452 $36.3M Add +4.7%
BKNG Booking Holdings Inc. 1.25% 6,190 $33.1M Add +4.9%
HWM Howmet Aerospace Inc. 1.24% 159,854 $32.8M Add +8.6%
EME Emcor Group Inc. 1.23% 53,335 $32.6M Add +10.6%
MELI MercadoLibre Inc. 1.22% 16,052 $32.3M Add +8.0%
DAY Dayforce Inc. 1.21% 465,000 $32.2M Add +2007.1%
CDTX Cidara Therapeutics Inc. 1.19% 142,500 $31.5M New
TMO Thermo Fisher Scientific Inc. 1.10% 50,466 $29.2M Reduce -13.8%
PGR Progressive Corp. 1.09% 126,516 $28.8M Add +17.0%
ORCL Oracle Corp. 1.07% 145,843 $28.4M Reduce -27.3%
ASND Ascendis Pharma A/S 1.04% 129,941 $27.7M Add +8.3%
RNAM Avidity Biosciences Inc. 1.03% 377,500 $27.2M New
SHOP Shopify Inc. Class A 1.02% 122,698 $27.1M Add +13.2%
FYBR Frontier Communications Pare 0.92% 641,100 $24.4M Add +2259.3%
DASH DoorDash Inc. Class A 0.92% 107,551 $24.4M No change
APH Amphenol Corp. Class A 0.88% 171,882 $23.2M Add +6.0%
CRM Salesforce Inc. 0.81% 80,856 $21.4M Add +87.0%
VRTX Vertex Pharmaceuticals Inc. 0.80% 46,633 $21.1M Add +40.1%
ARGX Argenx SE - ADR 0.74% 23,473 $19.7M Reduce -18.8%
SHCO Soho House & Co. Inc. 0.71% 2,113,000 $18.9M New
NSC Norfolk Southern Corp. 0.71% 65,000 $18.8M Add +766.7%
WBD Warner Bros Discovery Inc. 0.71% 650,000 $18.7M New
AZN Astrazeneca PLC-Spons ADR 0.69% 199,779 $18.4M New
SIMO Silicon Motion Technol-ADR 0.67% 192,500 $17.8M Reduce -11.5%
T AT&T Inc. 0.67% 715,415 $17.8M Add +271.1%
TEAM Atlassian Corp. Class A 0.65% 106,835 $17.3M Reduce -8.8%
AMAT Applied Materials Inc. 0.65% 67,287 $17.3M Reduce -15.4%
DHR Danaher Corp. 0.62% 72,285 $16.5M Add +92.9%
PANW Palo Alto Networks Inc. 0.62% 88,827 $16.4M Add +78.2%
WELL Welltower Inc. 0.60% 86,147 $16.0M Add +111.4%
CAH Cardinal Health Inc. 0.60% 77,489 $15.9M Add +77.1%
GILD Gilead Sciences Inc. 0.60% 129,714 $15.9M Add +37.7%
DENN Denny's Corp. 0.59% 2,500,000 $15.6M New
MSI Motorola Solutions Inc. 0.58% 40,351 $15.5M Reduce -9.8%
WDC Western Digital Corp. 0.54% 82,610 $14.2M Add +92.4%
ROG Rogers Corp. 0.53% 155,000 $14.2M No change
ZS Zscaler Inc. 0.53% 62,195 $14.0M Add +124.8%
MFC Manulife Financial Corp. 0.50% 265,600 $13.2M Add +28.7%
ABBV Abbvie Inc. 0.49% 57,067 $13.0M Add +28.2%
NEM Newmont Corp. 0.48% 128,716 $12.9M New
SPNS Sapiens International Corp. 0.47% 283,763 $12.3M New
WMT Walmart Inc. 0.45% 107,737 $12.0M Add +24.2%
ALNY Alnylam Pharmaceuticals Inc. 0.45% 30,133 $12.0M Reduce -20.6%
RSG Republic Services Inc. 0.44% 54,702 $11.6M Add +22.3%
HIG Hartford Insurance Group Inc. 0.42% 81,362 $11.2M Add +32.2%
CW Curtiss-Wright Corp. 0.41% 19,803 $10.9M New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.41% 36,574 $10.8M Add +25.7%
MRK Merck & Co. Inc. 0.41% 102,778 $10.8M Add +165.2%
WOW Wideopenwest Inc. 0.41% 2,073,829 $10.8M New
ABVX Abivax SA-ADR 0.40% 79,350 $10.7M New
SAP Sap SE-Sponsored ADR 0.40% 43,326 $10.5M No change
CCRN Cross Country Healthcare Inc. 0.39% 1,272,700 $10.3M Reduce -19.2%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.38% 100,400 $10.2M Reduce -21.5%
PLTR Palantir Technologies Inc. Class A 0.38% 57,032 $10.1M Add +13.4%
SNOW Snowflake Inc. 0.37% 44,989 $9.9M Reduce -33.8%
PRU Prudential Financial Inc. 0.36% 85,588 $9.7M Add +37.1%
LOW Lowe's Cos Inc. 0.36% 39,539 $9.5M Add +53.5%
GEV GE Vernova Inc. 0.36% 14,578 $9.5M Reduce -24.2%
SYK Stryker Corp. 0.34% 25,295 $8.9M Add +1.0%
WSM Williams-Sonoma Inc. 0.33% 49,659 $8.9M Add +76.0%
RDDT Reddit Inc. Class A 0.33% 38,018 $8.7M New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.33% 157,727 $8.7M Add +2008.4%
HUBS HubSpot Inc. 0.32% 21,276 $8.5M Reduce -8.5%
ADI Analog Devices Inc. 0.32% 31,234 $8.5M Add +29.7%
SAIL Sailpoint Inc. 0.30% 397,486 $8.0M New
COIN Coinbase Global Inc. Class A 0.29% 33,894 $7.7M Add +26.2%
U Unity Software Inc. 0.29% 172,611 $7.6M Add +76.8%
MCO Moody's Corp. 0.29% 14,899 $7.6M Add +28.8%
FSLR First Solar Inc. 0.28% 28,847 $7.5M Reduce -55.6%
ECL Ecolab Inc. 0.28% 28,256 $7.4M Add +21.3%
MDB Mongodb Inc. 0.27% 17,271 $7.2M Reduce -70.9%
GIS General Mills Inc. 0.27% 154,968 $7.2M Add +28.8%
SLF Sun Life Financial Inc. 0.27% 83,716 $7.2M Add +28.6%
COST Costco Wholesale Corp. 0.27% 8,268 $7.1M Add +21.5%
WMB Williams Cos Inc. 0.26% 115,434 $6.9M Add +30.0%
KMB Kimberly-Clark Corp. 0.23% 61,795 $6.2M Add +29.6%
DAL Delta Air Lines Inc. 0.23% 89,810 $6.2M Add +120.4%
TPR Tapestry Inc. 0.23% 48,286 $6.2M Add +12.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.23% 39,690 $6.1M Add +77.3%
COHR Coherent Corp. 0.23% 32,815 $6.1M New
MRVL Marvell Technology Inc. 0.23% 71,252 $6.1M Reduce -69.7%
MET Metlife Inc. 0.23% 76,333 $6.0M Add +28.8%
ZTS Zoetis Inc. 0.23% 47,469 $6.0M Add +28.8%
AMT American Tower Corp. 0.22% 33,302 $5.8M Add +28.8%
AME Ametek Inc. 0.22% 28,320 $5.8M Reduce -1.9%
NTAP Netapp Inc. 0.22% 54,283 $5.8M Add +28.8%
WFC Wells Fargo & Co. 0.22% 61,498 $5.7M Add +14.4%

Show all 275 holdings

Other holdings (3): bonds, preferreds, convertibles and warrants · $687K (not counted above)
SecurityClassShares / PrincipalValueChange
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 6,510$328KAdd +8.5%
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 5,284$274KNew
KGCRF Kinross Gold Corp. Right 50,900$85KNo change

Total filed on the 13F, all lines: $2.7B.

Portfolio Sells Q3 2025 → Q4 2025
V Visa Inc. Class A Sold out 0.00% −2.59
VRNA Verona Pharma Ltd. Sold out 0.00% −1.90
ANET Arista Networks Inc. Sold out 0.00% −1.73
PWR Quanta Services Inc. Sold out 0.00% −1.42
MAC COPPER LTD Sold out 0.00% −1.21
COOP Mr Cooper Group Inc. Sold out 0.00% −1.18
SPOT Spotify Technology SA Sold out 0.00% −1.18
LIVN Livanova PLC Sold out 0.00% −1.14
ORCL Oracle Corp. Reduce -27.3% 1.07% −1.08
K Kellanova Sold out 0.00% −0.95
JCI Johnson Controls Internation Sold out 0.00% −0.94
DB Deutsche Bank AG-Registered Sold out 0.00% −0.94
FWONK Liberty Media Corp. Class C Sold out 0.00% −0.81
AZO AutoZone Inc. Sold out 0.00% −0.75
KKR KKR & Co. Inc. Sold out 0.00% −0.73
SRDX Surmodics Inc. Sold out 0.00% −0.69
ETN Eaton Corp. PLC Sold out 0.00% −0.67
PHM Pultegroup Inc. Reduce -92.0% 0.05% −0.67
LRCX Lam Research Corp. Sold out 0.00% −0.64
ALLE Allegion PLC Sold out 0.00% −0.60
MRVL Marvell Technology Inc. Reduce -69.7% 0.23% −0.52
STLA Stellantis NV Sold out 0.00% −0.48
CCRN Cross Country Healthcare Inc. Reduce -19.2% 0.39% −0.46
SPR Spirit Aerosystems Hold Class A Sold out 0.00% −0.46
TT Trane Technologies PLC Sold out 0.00% −0.44
DDOG Datadog Inc. Class A Reduce -92.3% 0.03% −0.44
MDB Mongodb Inc. Reduce -70.9% 0.27% −0.43
MRUS Merus NV Sold out 0.00% −0.33
PNR Pentair PLC Sold out 0.00% −0.29
MCHP Microchip Technology Inc. Sold out 0.00% −0.29
LIN Linde PLC Sold out 0.00% −0.28
UBER Uber Technologies Inc. Sold out 0.00% −0.28
FSLR First Solar Inc. Reduce -55.6% 0.28% −0.26
TXN Texas Instruments Inc. Reduce -53.2% 0.20% −0.26
BNY Bank of New York Mellon Corp. Sold out 0.00% −0.25
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.22
ACN Accenture PLC Class A Sold out 0.00% −0.21
SNOW Snowflake Inc. Reduce -33.8% 0.37% −0.21
ALNY Alnylam Pharmaceuticals Inc. Reduce -20.6% 0.45% −0.21
VLTO Veralto Corp. Sold out 0.00% −0.21
FTNT Fortinet Inc. Sold out 0.00% −0.20
CIEN Ciena Corp. Sold out 0.00% −0.20
C Citigroup Inc. Sold out 0.00% −0.20
MSI Motorola Solutions Inc. Reduce -9.8% 0.58% −0.20
AXP American Express Co. Sold out 0.00% −0.19
MNDY Monday.com Ltd. Sold out 0.00% −0.18
TAP Molson Coors Beverage Co. Class B Sold out 0.00% −0.17
BRKR Bruker Corp. Sold out 0.00% −0.17
PGNY Progyny Inc. Sold out 0.00% −0.16
AYI Acuity Inc. Sold out 0.00% −0.15

Portfolio Buys Q3 2025 → Q4 2025
MSFT Microsoft Corp. New 8.80% +8.80
NOW ServiceNow Inc. New 1.61% +1.61
ANET Arista Networks Inc. New 1.50% +1.50
NVDA Nvidia Corp. Add +18.6% 9.63% +1.41
AAPL Apple Inc. Add +27.8% 4.74% +1.23
CDTX Cidara Therapeutics Inc. New 1.19% +1.19
DAY Dayforce Inc. Add +2007.1% 1.21% +1.15
RNAM Avidity Biosciences Inc. New 1.03% +1.03
FYBR Frontier Communications Pare Add +2259.3% 0.92% +0.88
JPM JPMorgan Chase & Co. Add +74.9% 1.69% +0.73
SHCO Soho House & Co. Inc. New 0.71% +0.71
WBD Warner Bros Discovery Inc. New 0.71% +0.71
AZN Astrazeneca PLC-Spons ADR New 0.69% +0.69
CSCO Cisco Systems Inc. Add +66.9% 1.43% +0.66
GOOG Alphabet Inc. Class C Add +39.0% 1.48% +0.64
NSC Norfolk Southern Corp. Add +766.7% 0.71% +0.62
DENN Denny's Corp. New 0.59% +0.59
NEM Newmont Corp. New 0.48% +0.48
SPNS Sapiens International Corp. New 0.47% +0.47
T AT&T Inc. Add +271.1% 0.67% +0.46
MCK McKesson Corp. Add +38.3% 1.47% +0.46
LLY Eli Lilly & Co. Add +5.8% 1.39% +0.45
CRM Salesforce Inc. Add +87.0% 0.81% +0.42
CW Curtiss-Wright Corp. New 0.41% +0.41
SHOP Shopify Inc. Class A Add +13.2% 1.02% +0.41
WOW Wideopenwest Inc. New 0.41% +0.41
ABVX Abivax SA-ADR New 0.40% +0.40
BSX Boston Scientific Corp. Add +25.7% 2.04% +0.36
DHR Danaher Corp. Add +92.9% 0.62% +0.34
WDC Western Digital Corp. Add +92.4% 0.54% +0.34
CAH Cardinal Health Inc. Add +77.1% 0.60% +0.34
RDDT Reddit Inc. Class A New 0.33% +0.33
WELL Welltower Inc. Add +111.4% 0.60% +0.33
BAC Bank of America Corp. Add +2008.4% 0.33% +0.31
SAIL Sailpoint Inc. New 0.30% +0.30
VRTX Vertex Pharmaceuticals Inc. Add +40.1% 0.80% +0.30
MRK Merck & Co. Inc. Add +165.2% 0.41% +0.28
AVGO Broadcom Inc. Add +2.7% 3.98% +0.24
PANW Palo Alto Networks Inc. Add +78.2% 0.62% +0.23
COHR Coherent Corp. New 0.23% +0.23
ZS Zscaler Inc. Add +124.8% 0.53% +0.21
GILD Gilead Sciences Inc. Add +37.7% 0.60% +0.20
ALAB Astera Labs Inc. New 0.19% +0.19
KEYS Keysight Technologies Inc. New 0.19% +0.19
LH Labcorp Holdings Inc. New 0.17% +0.17
SNCR Synchronoss Technologies Inc. New 0.17% +0.17
CRCL Circle Internet Group Inc. New 0.17% +0.17
CAI Caris Life Sciences Inc. New 0.17% +0.17
MFC Manulife Financial Corp. Add +28.7% 0.50% +0.16
ATXS Astria Therapeutics Inc. New 0.16% +0.16

Notes & Other Activity Q3 2025 → Q4 2025
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD Add +8.5% 6,510 $328K
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D New 5,284 $274K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 246$2.1BGOOGL, V, GOOG, AAUC, GTLS
Q1 2026 272$2.5BNVDA, MSFT, AVGO, AAPL, MCK
Q4 2025 275$2.7BNVDA, MSFT, AAPL, AVGO, BSX
Q3 2025 361$2.6BNVDA, AVGO, AAPL, V, ORCL
Q2 2025Amended 381$2.6BNVDA, AVGO, V, AAPL, NFLX
Q1 2025Amended 387$2.4BNVDA, V, ICLR, AAPL, AVGO
Q4 2024 318$2.0BICLR, NVDA, V, AVGO, CRM
Q3 2024 312$2.0BICLR, NVDA, V, UNH, GOOGL