Thematics Asset Management
Thematics Asset Management is a Paris-based asset manager specializing in thematic equity investing. Founded in 2018, it operates as an affiliate of Natixis Investment Managers. The firm deploys a thematic lens to identify structural, long-term growth opportunities linked to major global trends—including demographics, technology, resource scarcity, and (de)globalization. The firm serves a global base of institutional and individual clients, offering actively managed portfolios focused on themes such as AI & Robotics, Safety, Water, Wellness, and the Subscription Economy. As of 2025, the employee count is not public, but the firm is known to have a specialized team of investment managers and ESG experts.
Investment Strategy
Thematics Asset Management employs a fundamental, bottom-up research process focused on capturing long-term growth by investing in specific global themes driven by broad secular forces such as demographics, technological progress, (de)globalization, and resource scarcity. The firm creates concentrated yet diversified portfolios that offer low overlap and a high active share versus global equity indices. ESG considerations are integral to every step of the investment process, ensuring responsible management and aiming for excess returns. Their unconstrained approach allows them to actively seek future winners in focused market segments experiencing secular expansion.
Latest 13F Filing Activity
Thematics Asset Management filed their most recent 13F report on Jun 30, 2025 disclosing 124 equity positions with a total 13F market value of $2B. The fund increased holdings in Microsoft Corp., Vertiv Holdings Co., Nvidia Corporation among other positions. Thematics Asset Management reduced exposure to Rockwell Automation Inc., Crowdstrike HLDGS Inc., Gentex Corp. among others.
Top Holdings
Equity Positions (124)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 5.10% | $113.3M | 717,225 | $34.25 | $157.99 | +$15.1M |
S SNPS | SYNOPSYS INC | 3.56% | $79.1M | 154,320 | $386.27 | $512.68 | +$12.8M |
N NOW | SERVICENOW INC | 3.40% | $75.6M | 73,524 | $490.98 | $1028.08 | +$13.4M |
C CDNS | CADENCE DESIGN SYSTEM INC | 2.28% | $50.7M | 164,456 | $216.52 | $308.15 | +$4.1M |
S SNOW | SNOWFLAKE INC | 2.01% | $44.6M | 199,260 | $145.66 | $223.77 | +$1.7M |
Industry Allocation
Investment Team (1)
| Name | Role | Location | |
|---|---|---|---|
N Nolan Hoffmeyer | Partner | United States |