AXA S.A.
AXA S.A. is a multinational insurance and asset management company headquartered in Paris, France. Founded in 1817, AXA is one of the world's largest insurance groups, operating globally with over 90,000 employees. The company offers a broad range of products and services including life, health, and property & casualty insurance as well as investment management solutions. AXA serves individuals, businesses, and institutional clients across more than 50 countries. As of 2025, AXA is recognized for its diversified business model, focusing on sustainable growth, customer experience, and disciplined capital deployment.
Investment Strategy
AXA S.A. pursues a diversified, integrated approach across insurance and asset management, focusing on balanced growth and sustainable earnings in a rapidly changing environment. The firm emphasizes rejuvenating its Life & Savings business through revamped product ranges, specialization in Health via vertical integration and services, and disciplined growth in P&C with expanded distribution channels. AXA invests significantly in technology, data, and AI to enhance core capabilities and customer experience. Its insurance-invested assets are concentrated in high-quality fixed income (government and corporate bonds), real estate, infrastructure equity, and alternative assets such as private equity and hedge funds. The group actively manages capital, deploying share buy-backs and acquisitions to support growth, and adheres to a long-term value creation philosophy for shareholders.
Top Holdings
Equity Positions (1,063)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 6.51% | $2.27B | 14,342,426 | $24.65 | $157.99 | +$760.9M |
M MSFT | MICROSOFT CORP | 5.88% | $2.05B | 4,114,009 | $147.09 | $497.41 | +$621.4M |
A AMZN | AMAZON COM INC | 3.82% | $1.33B | 6,055,117 | $88.70 | $219.39 | +$181.8M |
A AAPL | APPLE INC | 3.77% | $1.31B | 6,389,482 | $35.19 | $205.17 | -$148.9M |
M META | META PLATFORMS INC | 2.07% | $719.7M | 975,049 | $466.59 | $738.09 | +$231.9M |