Institution

Lbp Am SA

13F for the quarter to June 30, 2026, filed July 24, 2026 · SEC CIK 1970075

Reported value: $9.8bn
Positions we cover: 382
Copy, a year: +19.1%
Copy Sharpe ratio: 0.91

How copying its 13F would have done

CopyS&P 500 $10,000 copying Lbp Am SA's filed holdings in companies we cover from May 19, 2023, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −19.0% (S&P 500 −16.9%); beta 1.07; alpha −1.8% a year (t = −0.95); last 12 months +6.3% against +12.1%.

Reported value by quarter

Lbp Am SA: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2022-12-31	$3.5T
2023-03-31	$3.9B
2023-06-30	$4.2B
2023-09-30	$4.5B
2023-12-31	$4.5B
2024-03-31	$2.5B
2024-06-30	$2.4B
2024-09-30	$6.7B
2024-12-31	$7.4B
2025-03-31	$6.5B
2025-06-30	$7.1B
2025-09-30	$8.1B
2025-12-31	$8.6B
2026-03-31	$7.3B
2026-06-30	$9.8B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
NVDANVIDIA Corporation	6.34%	$619.6m	3.10M	+12.7% Added
MSFTMicrosoft Corporation	5.43%	$531.1m	1.42M	+15.5% Added
AMZNAmazon	5.18%	$506.3m	2.12M	+12.8% Added
AAPLApple Inc.	4.01%	$392.2m	1.36M	+5.5% Added
GOOGLAlphabet Inc. (Class A)	3.10%	$302.7m	846.9K	+61.6% Added
VVisa Inc.	2.61%	$255.5m	744.7K	−4.4% Reduced
AVGOBroadcom	2.51%	$245.6m	650.1K	+6.2% Added
AMDAdvanced Micro Devices	2.48%	$242.7m	417.7K	−6.7% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	2.27%	$221.5m	463.7K	−7.8% Reduced
LLYLilly (Eli)	2.02%	$197.8m	164.9K	−11.8% Reduced
INTCIntel	2.00%	$195.6m	1.40M	+202.6% Added
MAMastercard	1.79%	$175.2m	341.1K	+2.2% Added
TSLATesla, Inc.	1.75%	$170.8m	406.0K	+54.4% Added
MUMicron Technology	1.52%	$148.6m	128.7K	−19.6% Reduced
METAMeta Platforms	1.50%	$146.5m	260.0K	+32.8% Added
LINLinde plc	1.33%	$129.8m	250.0K	+1.2% Added
MRVLMarvell Technology	1.03%	$101.1m	339.5K	+2.8% Added
RTXRTX Corporation	0.93%	$90.9m	479.1K	+34.3% Added
UBERUber	0.91%	$88.8m	1.23M	+2.7% Added
TELTE Connectivity	0.90%	$88.3m	437.8K	+10.3% Added
AMATApplied Materials	0.88%	$85.6m	118.4K	+125.4% Added
TMOThermo Fisher Scientific	0.86%	$83.8m	167.2K	−20.9% Reduced
JNJJohnson & Johnson	0.81%	$79.7m	313.7K	+76.2% Added
VRTVertiv	0.81%	$79.4m	237.0K	+3.4% Added
SYKStryker Corporation	0.77%	$75.4m	239.5K	+3.0% Added
GEVGE Vernova	0.75%	$73.4m	62.5K	+29.9% Added
ABBVAbbVie	0.73%	$71.4m	283.9K	+39.0% Added
KLACKLA Corporation	0.73%	$71.0m	235.3K	+1099.2% Added
CSCOCisco	0.72%	$70.6m	600.7K	+6.9% Added
STXSeagate Technology	0.67%	$65.0m	67.3K	+1.9% Added
ECLEcolab	0.65%	$63.1m	226.6K	+74.2% Added
COSTCostco	0.61%	$60.1m	64.3K	+281.3% Added
JPMJPMorgan Chase	0.61%	$59.7m	182.5K	+34.3% Added
LITELumentum	0.58%	$56.4m	65.7K	+128.4% Added
PANWPalo Alto Networks	0.57%	$55.9m	163.8K	−9.5% Reduced
WELLWelltower	0.55%	$53.5m	235.5K	−20.6% Reduced
SPCXSpace Exploration Technologies Corp	0.50%	$49.3m	288.4K	New
ZSZscaler, Inc.	0.50%	$49.1m	348.2K	+258.2% Added
IBMIBM	0.49%	$48.0m	170.6K	+106.2% Added
CRWVCoreweave, Inc.	0.49%	$47.9m	480.7K	+1087.0% Added
ORCLOracle Corporation	0.49%	$47.8m	326.2K	+29.1% Added
MRKMerck & Co.	0.49%	$47.5m	369.8K	+87.8% Added
CATCaterpillar Inc.	0.46%	$44.9m	42.2K	+117.0% Added
ETNEaton Corporation	0.46%	$44.7m	104.9K	+14.7% Added
RKLBRocket Lab Corp	0.45%	$44.4m	436.9K	+14.2% Added
LHXL3Harris	0.45%	$44.0m	151.5K	+50.0% Added
VSATViasat Inc	0.42%	$41.5m	462.4K	+119.1% Added
CEGConstellation Energy	0.42%	$41.0m	165.2K	+19.5% Added
ANETArista Networks	0.41%	$40.0m	235.2K	+12.4% Added
VTRVentas	0.40%	$39.4m	443.8K	+19.4% Added
TAT&T	0.40%	$39.4m	1.90M	+8.3% Added
NDAQNasdaq, Inc.	0.40%	$38.8m	492.4K	+11.0% Added
PLPlanet Labs PBC	0.38%	$37.3m	1.13M	+59.3% Added
GEGE Aerospace	0.38%	$37.3m	99.8K	+19.3% Added
LRCXLam Research	0.37%	$36.6m	84.4K	+38.9% Added
ARMARM Holdings PLC	0.37%	$36.5m	102.9K	−35.3% Reduced
BNTXBiontech SE	0.37%	$36.1m	388.5K	+0.9% Added
CDNSCadence Design Systems Inc	0.37%	$36.0m	95.8K	−19.4% Reduced
WDCWestern Digital	0.34%	$33.6m	52.6K	−34.3% Reduced
GILDGilead Sciences	0.34%	$33.5m	265.5K	+91.6% Added
MCHPMicrochip Technology Inc	0.34%	$33.3m	365.0K	+99.2% Added
TDYTeledyne Technologies	0.33%	$32.5m	48.7K	+96.3% Added
NFLXNetflix	0.32%	$31.7m	444.0K	−35.8% Reduced
HONHoneywell Technologies	0.32%	$31.3m	139.3K	New
SPOTSpotify Technology S.a.	0.32%	$31.2m	67.9K	+5.9% Added
TTTrane Technologies	0.31%	$30.7m	62.5K	+49.8% Added
DDOGDatadog, Inc.	0.31%	$30.6m	117.5K	+6.2% Added
HONAHoneywell Aerospace	0.31%	$29.9m	135.1K	New
CRDOCredo Technology Group Holding Ltd	0.30%	$29.4m	107.9K	−23.7% Reduced
HDThe Home Depot	0.28%	$27.2m	77.0K	+46.7% Added
HWMHowmet Aerospace	0.28%	$26.9m	100.1K	+37.1% Added
SPGIS&P Global	0.27%	$26.6m	65.2K	+31.6% Added
UNHUnitedHealth Group	0.27%	$26.4m	63.4K	+113.0% Added
NETCloudflare, Inc.	0.27%	$26.3m	107.0K	+70.4% Added
EQIXEquinix	0.26%	$25.8m	24.7K	−28.2% Reduced
NEENextEra Energy	0.26%	$25.3m	288.0K	−17.4% Reduced
SNOWSnowflake Inc.	0.26%	$25.3m	99.3K	−33.3% Reduced
WPMWheaton Precious Metals Corp.	0.26%	$24.9m	221.6K	+5.2% Added
CCitigroup	0.25%	$24.3m	173.4K	+96.4% Added
ADIAnalog Devices	0.25%	$24.3m	61.1K	+77.5% Added
CVSCVS Health	0.25%	$24.1m	233.0K	+79.3% Added
NOWServiceNow	0.24%	$23.2m	234.0K	−17.7% Reduced
FLYFirefly Aerospace Inc.	0.23%	$22.3m	759.0K	+2.6% Added
TERTeradyne	0.22%	$21.9m	45.2K	+387.5% Added
AXPAmerican Express	0.22%	$21.7m	64.0K	+21.8% Added
QCOMQualcomm	0.22%	$21.5m	116.2K	−11.5% Reduced
SNDKSandisk	0.22%	$21.3m	9.4K	+57.0% Added
MSMorgan Stanley	0.22%	$21.1m	100.9K	+133.9% Added
CNCCentene Corporation	0.21%	$21.0m	327.9K	+31.1% Added
DEDeere & Company	0.21%	$20.9m	33.0K	+19.7% Added
ADPAutomatic Data Processing	0.21%	$20.8m	92.9K	+19.5% Added
NXPINXP Semiconductors	0.21%	$20.8m	74.0K	+34.5% Added
HBANHuntington Bancshares	0.21%	$20.7m	1.17M	+43.4% Added
CLColgate-Palmolive	0.21%	$20.7m	225.6K	+17.3% Added
TTWOTake TWO Interactive Software Inc	0.21%	$20.5m	81.8K	−3.8% Reduced
CHDChurch & Dwight	0.20%	$19.8m	204.0K	+30.6% Added
SEISolaris Energy Infrastructure, Inc.	0.20%	$19.8m	245.6K	New
BNYBNY Mellon	0.20%	$19.1m	132.1K	+224.9% Added
TROWT. Rowe Price	0.20%	$19.1m	167.6K	+20.8% Added
GEHCGE HealthCare	0.19%	$18.9m	295.2K	−3.8% Reduced
JCIJohnson Controls	0.19%	$18.7m	127.8K	−12.1% Reduced
APPApplovin Corp	0.19%	$18.5m	35.9K	−20.7% Reduced
KRMNKarman Holdings Inc.	0.19%	$18.5m	370.0K	+45.0% Added
FITBFifth Third Bancorp	0.19%	$18.5m	327.3K	+21.4% Added
HPEHewlett Packard Enterprise	0.19%	$18.4m	407.4K	+68.0% Added
CBRECBRE Group	0.19%	$18.3m	135.8K	+18.2% Added
WABWabtec	0.18%	$17.9m	66.3K	−22.0% Reduced
ICEIntercontinental Exchange	0.18%	$17.9m	145.2K	+195.7% Added
GILTGilat Satellite Networks LTD	0.18%	$17.7m	1.33M	+14.9% Added
ECHOEchoStar	0.18%	$17.7m	174.2K	−6.5% Reduced
NTAPNetApp	0.18%	$17.6m	113.7K	+17.6% Added
XYLXylem Inc.	0.18%	$17.6m	148.5K	−4.3% Reduced
CAHCardinal Health	0.18%	$17.4m	73.4K	+18.9% Added
SHWSherwin-Williams	0.17%	$17.1m	49.8K	+16.0% Added
OMCOmnicom Group	0.17%	$16.8m	231.1K	+16.1% Added
DELLDell Technologies	0.17%	$16.8m	39.0K	+18.0% Added
CICigna	0.17%	$16.4m	59.5K	+135.9% Added
HIGThe Hartford	0.17%	$16.4m	123.5K	+43.9% Added
MCKMcKesson	0.17%	$16.1m	21.3K	+372.3% Added
AWKAmerican Water Works	0.16%	$16.0m	121.8K	+22.8% Added
BWXTBWX Technologies, Inc.	0.16%	$16.0m	82.2K	+4.6% Added
FFord Motor Company	0.16%	$15.8m	1.14M	+28.9% Added
VZVerizon	0.16%	$15.6m	368.4K	+30.1% Added
MDTMedtronic	0.16%	$15.3m	195.7K	+25.6% Added
BBYBest Buy	0.16%	$15.2m	200.9K	+24.4% Added
SHOPShopify Inc.	0.15%	$15.2m	133.0K	+33.4% Added
SPGSimon Property Group	0.15%	$15.1m	67.7K	−26.5% Reduced
KOThe Coca-Cola Company	0.15%	$15.1m	186.4K	+30.5% Added
KMBKimberly-Clark	0.15%	$15.1m	137.4K	−18.0% Reduced
PFGPrincipal Financial Group	0.15%	$14.7m	136.0K	+24.4% Added
CLHClean Harbors Inc	0.15%	$14.6m	49.0K	+3.9% Added
MCOMoody's Corporation	0.15%	$14.5m	32.0K	+26.2% Added
HAWKHawkeye 360, Inc.	0.15%	$14.3m	707.2K	New
NEMNewmont	0.14%	$14.1m	151.3K	−25.4% Reduced
BACBank of America	0.14%	$13.9m	244.7K	+13.5% Added
AMPAmeriprise Financial	0.14%	$13.8m	30.1K	+17.9% Added
MMM3M	0.14%	$13.8m	85.1K	+2.0% Added
AMTAmerican Tower	0.14%	$13.8m	84.3K	+23.9% Added
EXCExelon	0.14%	$13.7m	294.2K	+197.9% Added
COHRCoherent Corp.	0.14%	$13.6m	34.6K	New
BSXBoston Scientific	0.14%	$13.5m	317.1K	−6.0% Reduced
EBAYeBay Inc.	0.14%	$13.2m	118.4K	−24.9% Reduced
AEMAgnico Eagle Mines LTD	0.13%	$13.1m	84.3K	−9.3% Reduced
HSYThe Hershey Company	0.13%	$12.5m	71.2K	+23.4% Added
VLTOVeralto	0.13%	$12.5m	140.8K	+21.7% Added
GENGen Digital Inc.	0.13%	$12.4m	497.8K	+22.9% Added
SJMThe J.M. Smucker Company	0.13%	$12.3m	109.6K	+25.9% Added
BMYBristol Myers Squibb	0.12%	$12.0m	208.6K	+22.5% Added
MARMarriott International	0.12%	$12.0m	32.4K	+738.9% Added
CWCurtiss Wright Corp	0.12%	$12.0m	15.8K	New

Company	Bought (value)	Shares
INTCIntel	$131.0m	937.9K
GOOGLAlphabet Inc. (Class A)	$115.4m	322.9K
MSFTMicrosoft Corporation	$71.2m	190.8K
NVDANVIDIA Corporation	$69.6m	348.0K
KLACKLA Corporation	$65.1m	215.6K
TSLATesla, Inc.	$60.2m	143.1K
AMZNAmazon	$57.6m	241.8K
SPCXSpace Exploration Technologies Corp	$49.3m	288.4K
AMATApplied Materials	$47.6m	65.8K
COSTCostco	$44.3m	47.4K
CRWVCoreweave, Inc.	$43.8m	440.2K
METAMeta Platforms	$36.2m	64.2K
ZSZscaler, Inc.	$35.4m	251.0K
JNJJohnson & Johnson	$34.5m	135.7K
LITELumentum	$31.7m	36.9K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
CRWDCrowdStrike	−$83.6m	−109.6K
VRTXVertex Pharmaceuticals	−$41.4m	−83.4K
MUMicron Technology	−$36.3m	−31.4K
ISRGIntuitive Surgical	−$33.1m	−83.1K
MELIMercadolibre Inc	−$28.4m	−16.7K
LLYLilly (Eli)	−$26.5m	−22.1K
TMOThermo Fisher Scientific	−$22.2m	−44.3K
LUNRIntuitive Machines, Inc.	−$21.8m	−1.02M
ARMARM Holdings PLC	−$19.9m	−56.1K
TSMTaiwan Semiconductor Manufacturing Co LTD	−$18.8m	−39.3K
NFLXNetflix	−$17.7m	−247.3K
WDCWestern Digital	−$17.6m	−27.5K
AMDAdvanced Micro Devices	−$17.4m	−30.0K
FIXComfort Systems USA	−$15.0m	−10.9K
DTDynatrace, Inc.	−$14.7m	−396.9K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
FIXComfort Systems USA	$15.0m	10.9K
DTDynatrace, Inc.	$14.7m	396.9K
MDBMongodb, Inc.	$12.3m	50.1K
MRSHMarsh McLennan	$11.2m	64.8K
COFCapital One	$7.2m	39.5K
FASTFastenal	$5.4m	116.7K
BROBrown & Brown	$4.7m	71.6K
GTXGarrett Motion Inc.	$4.5m	245.3K
ONON Semiconductor Corp	$4.2m	68.0K
UDRUDR, Inc.	$3.5m	103.2K
AUAnglogold Ashanti PLC	$3.3m	33.4K
DLRDigital Realty	$3.2m	17.8K
AZOAutoZone	$3.1m	912
ASBAssociated Banc-corp	$2.6m	99.0K
PSAPublic Storage	$2.0m	7.2K
ACGLArch Capital Group	$1.4m	14.9K
VRSNVerisign Inc	$1.3m	5.3K
HSTHost Hotels & Resorts	$1.2m	61.4K
KRKroger	$1.1m	14.6K
BGBunge Global	$872,719	6.9K
APHAmphenol	$869,288	6.9K
AONAon plc	$856,981	2.7K
WSMWilliams-Sonoma, Inc.	$817,750	4.5K
DGDollar General	$666,788	5.6K
EXPEExpedia Group	$651,110	2.8K
BENFranklin Resources	$618,112	26.2K
SWSmurfit Westrock	$293,496	7.4K
CAGConagra Brands Inc.	$193,985	12.3K

Technology43.4%
Industrials12.4%
Health Care9.7%
Financials9.3%
Consumer Discretionary8.8%
Communication Services7.0%
Materials3.3%
Consumer Staples2.3%
Real Estate1.9%
Utilities1.4%
Energy0.5%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestMay 19, 2023 to November 2, 2026	+19.1%	+20.2%	0.91	1.05	−19.0%	1.07
Last three yearsNovember 3, 2023 to November 2, 2026	+21.1%	+21.8%	1.02	1.16	−19.0%	1.08
Last yearNovember 7, 2025 to November 2, 2026	+8.9%	+14.2%	0.38	0.84	−11.3%	1.16

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.