Institution

Mirova

13F for June 30, 2026, filed August 13, 2026 · SEC CIK 1767843 · Holdings history from December 31, 2018

Reported value: $2.7bn
Positions we cover: 183
Copy, a year: +10.9%
Copy Sharpe ratio: 0.45

Copy-performance statistics: February 15, 2019 to November 2, 2026. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Related reporting managers

SEC notices identify these reporting relationships. Each manager retains its own holdings history; changes in reporting scope can involve several managers.

Reports holdings for Desjardins Global Asset Management Inc. · SEC notice for March 31, 2017
Reports holdings for Natixis Investment Managers International · SEC notice for March 31, 2025

185 reported entries for June 30, 2026.

Issuer	Class / type	Reported value	Quantity
MASTERCARD INCORPORATED57636Q104 · MA	Common Stock	$8.8m	17,168
MERCK & CO INC58933Y105 · MRK	Common Stock	$18.6m	144,550
METTLER TOLEDO INTERNATIONAL592688105 · MTD	Common Stock	$3.6m	2,824
MICRON TECHNOLOGY INC595112103 · MU	Common Stock	$16.5m	14,267
MICROSOFT CORP594918104 · MSFT	Common Stock	$98.2m	263,154
MIDDLESEX WTR CO596680108 · MSEX	Common Stock	$8.9m	159,067
MIRION TECHNOLOGIES INC60471A101 · MIR	Common Stock	$4.4m	246,000
MODINE MFG CO607828100 · MOD	Common Stock	$9.6m	35,804
MONGODB INC60937P106 · MDB	Common Stock	$43.3m	128,865
MONOLITHIC PWR SYS INC609839105 · MPWR	Common Stock	$1.7m	1,262
MOTOROLA SOLUTIONS INC620076307 · MSI	Common Stock	$13.7m	33,035
MP MATERIALS CORP553368101 · MP	Common Stock	$3.5m	61,848
MSA SAFETY INC553498106 · MSA	Common Stock	$12.7m	72,622
MSCI INC55354G100 · MSCI	Common Stock	$3.9m	6,948
MUELLER WTR PRODS INC624758108 · MWA	Common Stock	$258,145	9,994
NASDAQ INC631103108 · NDAQ	Common Stock	$12.0m	151,934
NATERA INC632307104 · NTRA	Common Stock	$1.3m	4,673
NETFLIX INC.64110L106 · NFLX	Common Stock	$12.5m	175,462
NEUROCRINE BIOSCIENCES INC64125C109 · NBIX	Common Stock	$3.0m	17,634
NEW YORK TIMES CO MTN BE650111107 · NYT	Common Stock	$3.5m	49,460
NEXTERA ENERGY INC65339F101 · NEE	Common Stock	$597,363	6,806
NVENT ELEC PLCG6700G107 · NVT	Common Stock	$32.3m	190,204
NVIDIA CORPORATION67066G104 · NVDA	Common Stock	$181.1m	905,162
ORACLE CORP68389X105 · ORCL	Common Stock	$593,821	4,052
OSI SYSTEMS INC671044105 · OSIS	Common Stock	$10.1m	46,000
OWENS CORNING NEW690742101 · OC	Common Stock	$6.1m	38,350
PALO ALTO NETWORKS INC697435105 · PANW	Common Stock	$29.5m	86,461
PENTAIR PLCG7S00T104 · PNR	Common Stock	$21.5m	280,319
PLANET FITNESS MASTER ISSUER72703H101 · PLNT	Common Stock	$630,892	12,093
PLANET LABS PBC72703X106 · PL	Common Stock	$10.4m	313,869
PROCEPT BIOROBOTICS CORP74276L105 · PRCT	Common Stock	$296,069	13,112
PROCTER & GAMBLE CO742718109 · PG	Common Stock	$9.9m	67,228
PTC INC69370C100 · PTC	Common Stock	$18.0m	158,736
QUANTA SVCS INC74762E102 · PWR	Common Stock	$39.9m	55,398
ROLLINS INC775711104 · ROL	Common Stock	$8.2m	196,000
ROPER TECHNOLOGIES INC776696106 · ROP	Common Stock	$14.6m	43,124
RUBRIK INC.781154109 · RBRK	Common Stock	$8.8m	110,000
S&P GLOBAL INC78409V104 · SPGI	Common Stock	$3.4m	8,298
SALESFORCE INC79466L302 · CRM	Common Stock	$370,188	2,363
SAMSARA INC79589L106 · IOT	Common Stock	$9.7m	298,000
SERVICENOW INC81762P102 · NOW	Common Stock	$28.4m	285,591
SERVICETITAN INC81764X103 · TTAN	Common Stock	$2.8m	39,649
SHOPIFY INC82509L107 · SHOP	Common Stock	$7.5m	65,742
SMITH A O CORP831865209 · AOS	Common Stock	$11.1m	177,589
SNOWFLAKE INC833445109 · SNOW	Common Stock	$62.9m	247,227
SPOTIFY TECHNOLOGY S AL8681T102 · SPOT	Common Stock	$539,478	1,175
SPROUTS FMRS MKT INC85208M102 · SFM	Common Stock	$1.5m	17,879
STERIS PLCG8473T100 · STE	Common Stock	$6.8m	32,499
STRYKER CORPORATION863667101 · SYK	Common Stock	$13.7m	43,499
SUNRUN INC86771W105 · RUN	Common Stock	$6.0m	446,791
SYMBOTIC INC87151X101 · SYM	Common Stock	$9.7m	216,854
SYNOPSYS INC871607107 · SNPS	Common Stock	$55.6m	124,551
T-MOBILE US INC872590104 · TMUS	Common Stock	$1.0m	5,970
TAIWAN SEMICONDUCTOR MANUFAC874039100 · TSM	American Depository Receipt	$874,431	1,831
TAPESTRY INC876030107 · TPR	Common Stock	$8.5m	58,026
TETRA TECH INC NEW88162G103 · TTEK	Common Stock	$19.3m	669,611
THERMO FISHER SCIENTIFIC INC883556102 · TMO	Common Stock	$32.1m	63,957
TJX COS INC NEW872540109 · TJX	Common Stock	$12.8m	84,803
TOAST INC888787108 · TOST	Common Stock	$8.2m	295,993
TRANE TECHNOLOGIES PLCG8994E103 · TT	Common Stock	$8.1m	16,508
TRANSUNION89400J107 · TRU	Common Stock	$7.4m	103,000
TRIMBLE INC896239100 · TRMB	Common Stock	$17.3m	337,734
UNION PAC CORP907818108 · UNP	Common Stock	$2.1m	7,707
UNITEDHEALTH GROUP INC91324P102 · UNH	Common Stock	$517,875	1,246
UNITI GROUP LLC912932100 · UNIT	Common Stock	$825,886	72,004
VARONIS SYS INC922280102 · VRNS	Common Stock	$6.3m	150,000
VERALTO CORP92338C103 · VLTO	Common Stock	$37.1m	418,199
VERISK ANALYTICS INC92345Y106 · VRSK	Common Stock	$6.3m	35,338
VERIZON COMMUNICATIONS INC92343V104 · VZ	Common Stock	$20.4m	480,731
VERSIGENT PLCG9600F104 · VGNT	Common Stock	$49,992	1,190
VERTEX PHARMACEUTICALS INC92532F100 · VRTX	Common Stock	$3.5m	7,071
VERTIV HOLDINGS CO92537N108 · VRT	Common Stock	$42.2m	126,001
VISA INC92826C839 · V	Common Stock	$27.0m	78,691
VITAL FARMS INC92847W103 · VITL	Common Stock	$489,576	42,096
WABTEC929740108 · WAB	Common Stock	$11.0m	40,825
WASTE CONNECTIONS INC94106B101 · WCN	Common Stock	$23.6m	141,587
WASTE MGMT INC DEL94106L109 · WM	Common Stock	$41.2m	184,679
WATTS WATER TECHNOLOGIES INC942749102 · WTS	Common Stock	$932,825	2,383
WEYERHAEUSER CO962166104 · WY	Common Stock	$8.2m	343,409
XYLEM INC98419M100 · XYL	Common Stock	$30.0m	253,836
ZEBRA TECHNOLOGIES CORPORATI989207105 · ZBRA	Common Stock	$5.3m	20,000
ZIFF DAVIS INC48123V102 · ZD	Common Stock	$1.2m	23,191
ZOETIS INC98978V103 · ZTS	Common Stock	$1.4m	19,449
ZSCALER INC98980G102 · ZS	Common Stock	$13.8m	97,819
ZURN ELKAY WATER SOLNS CORP98983L108 · ZWS	Common Stock	$8.4m	165,567

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

CopyS&P 500 $10,000 copying Mirova's usable filed holdings in companies we cover from February 15, 2019, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. 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 −38.1% (S&P 500 −31.8%); beta 1.03; alpha −3.8% a year (t = −0.94); last 12 months +5.9% against +12.1%.

Reported value by quarter

Mirova: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.

View chart data

Period	Reported value
2018-12-31	$218.7M
2019-03-31	$184.5M
2019-06-30	$1.1B
2019-09-30	$811M
2019-12-31	$287.4M
2020-03-31	$264.2M
2020-06-30	$435.6M
2020-09-30	$621.2M
2020-12-31	$777.7M
2021-03-31	$838.3M
2021-06-30	$834.2M
2021-09-30	$777.1M
2021-12-31	$835.1M
2022-03-31	$747.1M
2022-06-30	$703.7M
2022-09-30	$594.3M
2022-12-31	$638.8M
2023-03-31	$693.3M
2023-06-30	$568.1M
2023-09-30	$496.6M
2023-12-31	$488.2M
2024-03-31	$564.5M
2024-06-30	$547.3M
2024-09-30	$578.7M
2024-12-31	$579.5M
2025-03-31	$555.9M
2025-06-30	$708.8M
2025-09-30	$707.4M
2025-12-31	$693.5M
2026-03-31	$2.5B
2026-06-30	$2.7B

Latest covered holdings and moves

Covered holdings as of June 30, 2026.

Company	Share of portfolio	Value	Shares	Change in shares
NVDANVIDIA Corporation	6.69%	$181.1m	905.2K	+4.1% Added
CDNSCadence Design Systems Inc	3.76%	$101.9m	271.5K	+17.0% Added
MSFTMicrosoft Corporation	3.63%	$98.2m	263.2K	+39.3% Added
AVGOBroadcom	3.10%	$83.8m	221.9K	+30.7% Added
GOOGLAlphabet Inc. (Class A)	2.85%	$77.1m	215.7K	+19.3% Added
AMDAdvanced Micro Devices	2.67%	$72.3m	124.5K	−31.8% Reduced
SNOWSnowflake Inc.	2.32%	$62.9m	247.2K	−4.1% Reduced
SNPSSynopsys Inc	2.05%	$55.6m	124.6K	−18.0% Reduced
KLACKLA Corporation	2.05%	$55.4m	183.8K	+836.0% Added
CRWDCrowdStrike	1.88%	$51.0m	66.8K	−43.2% Reduced
MDBMongodb, Inc.	1.60%	$43.3m	128.9K	+32.4% Added
VRTVertiv	1.56%	$42.2m	126.0K	−16.8% Reduced
WMWaste Management	1.52%	$41.2m	184.7K	+11.0% Added
BSYBentley Systems Inc	1.52%	$41.0m	1.37M	+9.2% Added
PWRQuanta Services	1.47%	$39.9m	55.4K	+246.0% Added
ECLEcolab	1.44%	$38.9m	139.5K	−31.1% Reduced
ISRGIntuitive Surgical	1.37%	$37.1m	93.4K	+2.3% Added
VLTOVeralto	1.37%	$37.1m	418.2K	+18.1% Added
IEXIDEX Corporation	1.27%	$34.5m	151.9K	−5.5% Reduced
DDOGDatadog, Inc.	1.20%	$32.5m	124.7K	+71.6% Added
NVTnVent Electric plc	1.19%	$32.3m	190.2K	−40.7% Reduced
TMOThermo Fisher Scientific	1.18%	$32.1m	64.0K	−12.7% Reduced
JBTMJBT Marel Corp	1.11%	$30.2m	208.2K	+7.1% Added
XYLXylem Inc.	1.11%	$30.0m	253.8K	+3.8% Added
PANWPalo Alto Networks	1.09%	$29.5m	86.5K	−53.7% Reduced
NOWServiceNow	1.05%	$28.4m	285.6K	−53.3% Reduced
CLHClean Harbors Inc	1.02%	$27.7m	92.6K	−29.1% Reduced
WMSAdvanced Drainage Systems, Inc.	1.01%	$27.2m	173.6K	+0.8% Added
VVisa Inc.	1.00%	$27.0m	78.7K	+107.5% Added
FLEXFlex Ltd.	0.93%	$25.2m	155.7K	+14.4% Added
WCNWaste Connections, Inc.	0.87%	$23.6m	141.6K	−4.4% Reduced
CLColgate-Palmolive	0.86%	$23.3m	253.8K	+121.1% Added
DHRDanaher Corporation	0.83%	$22.5m	118.2K	−9.7% Reduced
MANHManhattan Associates Inc	0.83%	$22.4m	160.6K	+8.1% Added
PNRPentair	0.79%	$21.5m	280.3K	+22.5% Added
FROGJfrog Ltd	0.78%	$21.1m	232.1K	−34.5% Reduced
VZVerizon	0.75%	$20.4m	480.7K	+198.0% Added
TTEKTetra Tech Inc	0.71%	$19.3m	669.6K	+9.5% Added
CNMCore & Main, Inc.	0.71%	$19.3m	399.2K	−4.5% Reduced
KEYSKeysight Technologies	0.70%	$18.8m	53.8K	+35.2% Added
MRKMerck & Co.	0.69%	$18.6m	144.6K	+230.8% Added
PTCPTC Inc.	0.67%	$18.0m	158.7K	−8.3% Reduced
ENSEnersys	0.65%	$17.6m	75.3K	+11.6% Added
LINLinde plc	0.64%	$17.4m	33.5K	+23.4% Added
TRMBTrimble Inc.	0.64%	$17.3m	337.7K	+27.1% Added
ABBVAbbVie	0.64%	$17.2m	68.4K	+143.8% Added
EMREmerson Electric	0.62%	$16.9m	118.1K	+23.8% Added
LFUSLittelfuse Inc	0.62%	$16.7m	36.8K	−22.5% Reduced
MUMicron Technology	0.61%	$16.5m	14.3K	New
DXCMDexcom	0.61%	$16.4m	243.5K	−16.8% Reduced
CVSCVS Health	0.59%	$16.0m	154.5K	+414.3% Added
AXPAmerican Express	0.58%	$15.8m	46.7K	+46.6% Added
WTRGEssential Utilities, Inc.	0.56%	$15.3m	398.7K	+1.5% Added
HTOH2o America	0.55%	$14.9m	244.6K	+25.3% Added
ARGXArgenx SE	0.54%	$14.7m	15.9K	−19.9% Reduced
ROPRoper Technologies	0.54%	$14.6m	43.1K	+0.2%
FERGFerguson Enterprises	0.53%	$14.2m	59.9K	+3.7% Added
BRKRBruker Corp	0.51%	$13.9m	230.1K	−14.7% Reduced
ZSZscaler, Inc.	0.51%	$13.8m	97.8K	−7.6% Reduced
EBAYeBay Inc.	0.51%	$13.8m	123.2K	−6.2% Reduced
APGApi Group Corp	0.51%	$13.7m	324.4K	−32.8% Reduced
MSIMotorola Solutions	0.51%	$13.7m	33.0K	−12.7% Reduced
SYKStryker Corporation	0.51%	$13.7m	43.5K	−1.1% Reduced
AAgilent Technologies	0.50%	$13.5m	101.8K	+14.9% Added
AXONAxon Enterprise	0.50%	$13.5m	24.0K	−16.0% Reduced
ITRIItron, Inc.	0.48%	$13.1m	151.3K	+8.4% Added
TJXTJX Companies	0.47%	$12.8m	84.8K	+104.1% Added
MSAMSA Safety Inc	0.47%	$12.7m	72.6K	−9.9% Reduced
NFLXNetflix	0.46%	$12.5m	175.5K	+9.2% Added
APHAmphenol	0.45%	$12.1m	68.4K	+256.4% Added
NDAQNasdaq, Inc.	0.44%	$12.0m	151.9K	−8.3% Reduced
AITApplied Industrial Technologies Inc	0.44%	$11.8m	35.0K	−23.2% Reduced
CTASCintas	0.43%	$11.7m	69.1K	+22.1% Added
APTVAptiv	0.43%	$11.6m	188.5K	+10.6% Added
AWKAmerican Water Works	0.41%	$11.2m	84.9K	−45.8% Reduced
AOSA. O. Smith	0.41%	$11.1m	177.6K	+3.2% Added
WABWabtec	0.41%	$11.0m	40.8K	−33.6% Reduced
EQIXEquinix	0.40%	$10.7m	10.3K	−54.6% Reduced
PLPlanet Labs PBC	0.38%	$10.4m	313.9K	+6.3% Added
OSISOSI Systems Inc	0.37%	$10.1m	46.0K	−29.2% Reduced
DLRDigital Realty	0.37%	$10.1m	56.0K	−46.9% Reduced
COSTCostco	0.37%	$9.9m	10.6K	+65.7% Added
PGProcter & Gamble	0.36%	$9.9m	67.2K	+1.5% Added
ACMAecom	0.36%	$9.8m	140.0K	+13.3% Added
SYMSymbotic Inc.	0.36%	$9.7m	216.9K	+14.3% Added
IOTSamsara Inc.	0.36%	$9.7m	298.0K	New
MODModine Manufacturing Co	0.35%	$9.6m	35.8K	−1.9% Reduced
ADSKAutodesk, Inc.	0.33%	$9.0m	46.3K	−7.2% Reduced
FSLRFirst Solar, Inc.	0.33%	$9.0m	38.1K	−76.4% Reduced
MSEXMiddlesex Water Co	0.33%	$8.9m	159.1K	−18.8% Reduced
RBRKRubrik, Inc.	0.33%	$8.8m	110.0K	New
MAMastercard	0.33%	$8.8m	17.2K	+151.9% Added
TPRTapestry, Inc.	0.31%	$8.5m	58.0K	+46.0% Added
ZWSZurn Elkay Water Solutions Corp	0.31%	$8.4m	165.6K	−1.0% Reduced
EWEdwards Lifesciences	0.31%	$8.3m	91.8K	+2063.5% Added
TOSTToast, Inc.	0.30%	$8.2m	296.0K	+240.7% Added
WYWeyerhaeuser	0.30%	$8.2m	343.4K	+6.5% Added
GNRCGenerac	0.30%	$8.2m	28.0K	−47.4% Reduced
ROLRollins, Inc.	0.30%	$8.2m	196.0K	−12.7% Reduced
CYRXCryoport, Inc.	0.30%	$8.1m	518.0K	−55.3% Reduced
BBYBest Buy	0.30%	$8.1m	106.9K	−1.0% Reduced
TTTrane Technologies	0.30%	$8.1m	16.5K	+41.3% Added
HUBBHubbell Incorporated	0.29%	$7.9m	15.2K	+53.5% Added
LLYLilly (Eli)	0.29%	$7.8m	6.5K	−70.8% Reduced
ACNAccenture	0.28%	$7.7m	61.9K	−1.8% Reduced
FBINFortune Brands Innovations, Inc.	0.28%	$7.6m	137.6K	New
CLBTCellebrite DI Ltd.	0.28%	$7.5m	516.0K	−41.5% Reduced
SHOPShopify Inc.	0.28%	$7.5m	65.7K	+10318.7% Added
TRUTransunion	0.27%	$7.4m	103.0K	−33.4% Reduced
IRMIron Mountain	0.26%	$7.1m	56.0K	−32.6% Reduced
STESteris	0.25%	$6.8m	32.5K	−56.2% Reduced
LOWLowe's	0.24%	$6.6m	30.0K	−1.0% Reduced
VRSKVerisk Analytics, Inc.	0.23%	$6.3m	35.3K	+208.6% Added
VRNSVaronis Systems Inc	0.23%	$6.3m	150.0K	New
OCOwens Corning	0.23%	$6.1m	38.4K	+37.5% Added
RUNSunrun Inc.	0.22%	$6.0m	446.8K	+5.0% Added
AVYAvery Dennison	0.22%	$5.9m	36.5K	0.0%
ESTCElastic N.V.	0.22%	$5.9m	103.8K	−78.3% Reduced
BMIBadger Meter Inc	0.21%	$5.8m	39.1K	0.0%
ZBRAZebra Technologies	0.19%	$5.3m	20.0K	−32.3% Reduced
MIRMirion Technologies, Inc.	0.16%	$4.4m	246.0K	−33.2% Reduced
BALLBall Corporation	0.16%	$4.3m	69.6K	New
INTUIntuit	0.15%	$4.2m	16.0K	+138.6% Added
CPCanadian Pacific Kansas City LTD	0.15%	$4.0m	46.4K	New
MSCIMSCI	0.14%	$3.9m	6.9K	−23.4% Reduced
CCKCrown Holdings, Inc.	0.14%	$3.7m	33.2K	+84.7% Added
ALCAlcon Inc	0.13%	$3.6m	53.9K	−8.0% Reduced
MTDMettler Toledo	0.13%	$3.6m	2.8K	−3.9% Reduced
VRTXVertex Pharmaceuticals	0.13%	$3.5m	7.1K	−31.9% Reduced
MPMP Materials Corp. / DE	0.13%	$3.5m	61.8K	+5.4% Added
NYTNEW York Times Co	0.13%	$3.5m	49.5K	+12.0% Added
SPGIS&P Global	0.13%	$3.4m	8.3K	−30.8% Reduced
BJBj's Wholesale Club Holdings, Inc.	0.11%	$3.0m	34.3K	−33.2% Reduced
NBIXNeurocrine Biosciences Inc	0.11%	$3.0m	17.6K	−40.9% Reduced
TTANServicetitan, Inc.	0.10%	$2.8m	39.6K	−0.1%
LULULululemon Athletica	0.08%	$2.2m	19.7K	−1.0% Reduced
UNPUnion Pacific Corporation	0.08%	$2.1m	7.7K	−7.9% Reduced
MPWRMonolithic Power Systems, Inc.	0.06%	$1.7m	1.3K	−30.2% Reduced
EXPOExponent Inc	0.06%	$1.6m	28.1K	+3.3% Added
GDDYGodaddy Inc.	0.06%	$1.6m	18.9K	−9.3% Reduced
SFMSprouts Farmers Market, Inc.	0.06%	$1.5m	17.9K	−54.8% Reduced
HPEHewlett Packard Enterprise	0.05%	$1.5m	32.2K	0.0%
ZTSZoetis	0.05%	$1.4m	19.4K	−74.7% Reduced
INTCIntel	0.05%	$1.3m	9.6K	New
NTRANatera, Inc.	0.05%	$1.3m	4.7K	−84.1% Reduced
GILDGilead Sciences	0.05%	$1.3m	10.0K	−72.0% Reduced
GMGeneral Motors	0.05%	$1.2m	16.1K	+2.1% Added
ZDZiff Davis, Inc.	0.04%	$1.2m	23.2K	−42.2% Reduced
BSXBoston Scientific	0.04%	$1.2m	28.0K	−70.8% Reduced
HQYHealthequity, Inc.	0.04%	$1.2m	12.9K	−84.0% Reduced

Company	Bought (value)	Shares
KLACKLA Corporation	$49.5m	164.1K
PWRQuanta Services	$28.4m	39.4K
MSFTMicrosoft Corporation	$27.7m	74.3K
AVGOBroadcom	$19.7m	52.1K
MUMicron Technology	$16.5m	14.3K
CDNSCadence Design Systems Inc	$14.8m	39.5K
VVisa Inc.	$14.0m	40.8K
DDOGDatadog, Inc.	$13.6m	52.0K
VZVerizon	$13.5m	319.4K
MRKMerck & Co.	$13.0m	100.9K
CVSCVS Health	$12.9m	124.5K
CLColgate-Palmolive	$12.7m	139.0K
GOOGLAlphabet Inc. (Class A)	$12.5m	34.9K
MDBMongodb, Inc.	$10.6m	31.6K
ABBVAbbVie	$10.2m	40.3K

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

Company	Sold (value)	Shares
CRWDCrowdStrike	−$38.8m	−50.8K
PANWPalo Alto Networks	−$34.1m	−100.1K
AMDAdvanced Micro Devices	−$33.8m	−58.2K
NOWServiceNow	−$32.4m	−326.2K
FSLRFirst Solar, Inc.	−$29.1m	−123.4K
NVTnVent Electric plc	−$22.1m	−130.3K
ESTCElastic N.V.	−$21.4m	−375.3K
LLYLilly (Eli)	−$18.8m	−15.7K
ECLEcolab	−$17.6m	−63.1K
MDTMedtronic	−$16.9m	−195.6K
PRCTProcept Biorobotics Corp	−$16.0m	−710.7K
EQIXEquinix	−$12.9m	−12.3K
SNPSSynopsys Inc	−$12.2m	−27.3K
TYLTyler Technologies Inc	−$12.0m	−35.2K
CLHClean Harbors Inc	−$11.4m	−38.0K

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

Company	Value last quarter	Shares
MDTMedtronic	$16.9m	195.6K
TYLTyler Technologies Inc	$12.0m	35.2K
AMZNAmazon	$2.9m	14.1K
ALRMAlarm.com Holdings, Inc.	$2.7m	62.1K
HUBSHubspot Inc	$2.2m	9.2K
TREXTrex Co Inc	$1.2m	32.8K
YETIYeti Holdings, Inc.	$53,970	1.5K

Technology47.5%
Industrials25.3%
Health Care10.0%
Communication Services4.4%
Materials2.7%
Financials2.6%
Consumer Discretionary2.4%
Utilities1.9%
Consumer Staples1.8%
Real Estate1.3%

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 backtestFebruary 15, 2019 to November 2, 2026	+10.9%	+15.6%	0.45	0.73	−38.1%	1.03
Last three yearsNovember 3, 2023 to November 2, 2026	+13.8%	+21.8%	0.62	1.16	−17.9%	0.89
Last yearNovember 7, 2025 to November 2, 2026	+7.6%	+14.2%	0.32	0.84	−11.7%	0.86

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.