Carmignac Gestion
Carmignac Gestion is a leading French asset management firm headquartered in Paris. Founded in 1989 by Edouard Carmignac and Eric Helderlé, the firm remains wholly employee-owned and has grown to be one of Europe’s premier independent asset managers. Carmignac offers a diverse range of funds and investment solutions, spanning equity, fixed income, diversified, alternative, and private asset strategies, with a strong presence across Europe. As of 2021, the firm managed $44 billion in assets and employs over 300 professionals, serving institutional, wholesale, and retail clients globally.
Investment Strategy
Carmignac employs active management across equity, fixed income, diversified, alternative, and private asset classes, focusing on delivering strong long-term outcomes while targeting lasting trends over market fashions. Its investment philosophy combines fundamental analysis with innovative strategies refined through an in-house lab, enabling careful risk management and wide geographic and thematic diversification. Carmignac is committed to sustainable investing and integrates ESG considerations through proprietary research, engaging actively with investee companies to improve environmental, social, and governance practices.
Latest 13F Filing Activity
Carmignac Gestion filed their most recent 13F report on Jun 30, 2025 disclosing 119 equity positions and 7 options positions with a total 13F market value of $6B. The fund increased holdings in Alphabet Inc., Nvidia Corp., Mercadolibre Inc. among other positions. Carmignac Gestion reduced exposure to Schlumberger NV, Centene Corp., Synopsys Inc. among others.
Top Holdings
Equity Positions (119)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORP | 9.08% | $589.9M | 3,733,985 | $71.88 | $157.99 | +$159.6M |
A AMZN | AMAZON.COM INC | 7.31% | $475.2M | 2,165,476 | $132.28 | $219.39 | -$72.5M |
| ALPHABET INC | 7.12% | $462.8M | 2,625,815 | $162.62 | $176.23 | +$205.3M | |
M MELI | MERCADOLIBRE INC | 5.49% | $356.5M | 136,441 | $1710.69 | $2613.63 | +$125.8M |
M MCK | MCKESSON CORP | 4.40% | $285.9M | 390,112 | $494.42 | $732.78 | -$27.7M |
Options Positions (7)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
N NKE | NIKE INC | New | Call | $44.9K | 6,322 | $71.04 | $71.04 | +6,322 | +$44.9K |
R RBLX | ROBLOX CORP | Bought | Call | $5.9K | 189 | $105.20 | $105.20 | +189 | +$5.9K |
M MA | MASTERCARD INC | New | Call | $3.8K | 67 | $561.94 | $561.94 | +67 | +$3.8K |
N NVDA | NVIDIA CORP | New | Call | $3.3K | 206 | $157.99 | $157.99 | +206 | +$3.3K |
| ALPHABET INC | Bought | Call | $2.0K | 114 | $176.23 | $176.23 | +114 | +$2.0K |