Dnca Finance
DNCA Finance is a Paris-based asset management company founded in 2000. The firm specializes in conviction-driven portfolio management across multiple asset classes, including fixed income, multi-asset, equity, and retirement savings. DNCA serves both private and institutional investors and is recognized for its rigorous, risk-integrated wealth management approach. With more than 150 employees and over 60 portfolio managers, DNCA offers a comprehensive range of French and Luxembourg-domiciled funds distributed across Europe. The firm's investment strategies and products are regularly awarded and widely regarded in the industry.
Investment Strategy
DNCA Finance emphasizes a conviction-driven, active management approach across asset classes and regions. The firm's investment philosophy centers on combining risk management—both financial and extra-financial—at every stage of the process with deep company and issuer knowledge. Their strategies span fixed income, global macro, multi-asset, equities, and socially responsible investments (SRI). DNCA blends value, blend, and growth management styles, focusing on identifying long-term opportunities through both qualitative and quantitative analysis. Their process is collaborative, putting a premium on strong market knowledge, direct dialogue with company management, and a balance between risk and return. They support diversified portfolios tailored to clients' evolving needs, aiming for performance in various market environments.
Latest 13F Filing Activity
Dnca Finance filed their most recent 13F report on Jun 30, 2025 disclosing 75 equity positions with a total 13F market value of $1B. The fund increased holdings in Microsoft Corp., Nvidia Corporation, Broadcom Inc. among other positions. Dnca Finance reduced exposure to Flutter Entmt PLC, AT&T Inc., Linde PLC among others.
Top Holdings
Equity Positions (75)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 6.11% | $80.1M | 160,976 | $462.23 | $497.41 | +$32.3M |
V V | VISA INC | 5.88% | $76.9M | 216,687 | $280.28 | $355.05 | +$12.9M |
N NVDA | NVIDIA CORPORATION | 5.47% | $71.6M | 453,260 | $128.54 | $157.99 | +$29.5M |
F FLUT | FLUTTER ENTMT PLC | 5.41% | $70.8M | 250,451 | $186.31 | $285.76 | -$23.9M |
M META | META PLATFORMS INC | 5.27% | $69.0M | 93,520 | $524.53 | $738.09 | +$18.1M |