Fund Holdings

Carmignac Gestion

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
SCHLUMBERGER NV(SLB)05,746,100+5,746,1000197,493,4572.94%+197,493,457
MASTERCARD INC(MA)0278,412+278,4120158,358,6182.36%+158,358,618
ARISTA NETWORKS INC(ANET)01,002,700+1,002,7000146,103,4172.18%+146,103,417
ALPHABET INC(GOOG)2,625,8152,333,226-292,589462,763,219567,224,7938.45%+104,461,574
S&P GLOBAL INC(SPGI)467,109720,412+253,303246,242,988350,667,8295.23%+104,424,841
TRADEWEB MARKETS INC(TW)572,9001,259,800+686,90083,872,560139,812,6042.08%+55,940,044
NVIDIA CORP(NVDA)3,733,9853,448,254-285,731589,924,948643,261,6449.59%+53,336,696
SALESFORCE INC(CRM)238,050494,447+256,39764,913,854117,183,9391.75%+52,270,085
SERVICENOW INC(NOW)123,415194,515+71,100126,871,562179,066,6932.67%+52,195,131
META PLATFORMS INC(META)206,490269,499+63,009152,408,204197,914,6762.95%+45,506,472
COLGATE-PALMOLIVE CO(CL)0390,528+390,528031,248,2940.47%+31,248,294
GITLAB INC(GTLB)0670,000+670,000030,203,6000.45%+30,203,600
ACCENTURE PLC30,366145,554+115,1889,062,46235,893,6160.53%+26,831,154
ALIGN TECHNOLOGY INC52,453242,908+190,4559,923,84030,426,6430.45%+20,502,803
NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC(EDU)0363,289+363,289019,289,7650.29%+19,289,765
FREEPORT-MCMORAN INC(FCX)0474,662+474,662018,616,2440.28%+18,616,244
LANTHEUS HOLDINGS INC(LNTH)297,000807,409+510,40924,312,42041,412,0080.62%+17,099,588
GLOBE LIFE INC74,000159,000+85,0009,197,46022,732,2300.34%+13,534,770
TRIUMPH GROUP INC89,818139,896+50,0782,312,81414,928,3020.22%+12,615,488
OWENS CORNING(OC)085,000+85,000012,024,1000.18%+12,024,100
WNS HOLDINGS LTD10,000155,639+145,639632,40011,870,5870.18%+11,238,187
SAP SE(SAP)037,500+37,500010,020,3750.15%+10,020,375
KELLANOVA0117,086+117,08609,603,3940.14%+9,603,394
HANESBRANDS INC01,452,361+1,452,36109,571,0590.14%+9,571,059
CHART INDUSTRIES INC(GTLS)046,274+46,27409,261,7410.14%+9,261,741
EQUIFAX INC(EFX)581,098623,317+42,219150,693,664159,890,2692.38%+9,196,605
AMERICAN WOODMARK CORP0115,255+115,25507,694,4240.11%+7,694,424
MRC GLOBAL INC83,408551,126+467,7181,143,5247,947,2370.12%+6,803,713
CANTALOUPE INC326,466977,158+650,6923,587,86110,328,5600.15%+6,740,699
SOHO HOUSE & CO INC0741,722+741,72206,564,2400.10%+6,564,240
ELECTRONIC ARTS INC(EA)026,843+26,84305,414,2330.08%+5,414,233
SEA LTD(SE)283,455283,455045,323,94550,703,1450.76%+5,379,200
LIBERTY GLOBAL LTD(LBTYA)0158,207+158,20705,304,6810.08%+5,304,681
KEYSIGHT TECHNOLOGIES INC(KEYS)219,000235,100+16,10035,885,34041,123,6920.61%+5,238,352
AIRBNB INC390,970468,370+77,40051,740,97056,869,4850.85%+5,128,515
DOXIMITY INC(DOCS)415,228415,228025,470,08630,373,9280.45%+4,903,842
KASPI.KZ JSC(KSPI)184,030250,587+66,55715,633,38820,469,3900.31%+4,836,002
VIMEO INC0607,609+607,60904,708,9700.07%+4,708,970
MERUS NV214,722167,532-47,19011,304,09215,765,3560.23%+4,461,264
INFORMATICA INC194,672368,908+174,2364,740,2639,163,6750.14%+4,423,412
AGNICO EAGLE MINES LTD(AEM)257,718204,026-53,69230,650,40234,390,6230.51%+3,740,221
SANDSTORM GOLD LTD0270,957+270,95703,392,3820.05%+3,392,382
ALAMOS GOLD INC157,543216,578+59,0354,184,3427,549,9090.11%+3,365,567
H WORLD GROUP LTD(HTHT)576,907576,907019,578,45922,586,2900.34%+3,007,831
PROCTER & GAMBLE CO/THE(PG)174,852200,871+26,01927,869,83730,860,4900.46%+2,990,653
PROASSURANCE CORP99,759217,263+117,5042,277,4985,212,1390.08%+2,934,641
ATLASSIAN CORP018,000+18,00002,874,6000.04%+2,874,600
INTEGRAL AD SCIENCE HOLDING CORP0266,001+266,00102,705,2300.04%+2,705,230
TOURMALINE BIO INC055,412+55,41202,650,3560.04%+2,650,356
PROS HOLDINGS INC0115,061+115,06102,636,0480.04%+2,636,048
CITY OFFICE REIT INC0375,233+375,23302,611,6220.04%+2,611,622
MAC COPPER LTD0212,545+212,54502,595,1740.04%+2,595,174
TEGNA INC0123,716+123,71602,515,1460.04%+2,515,146
LULULEMON ATHLETICA INC(LULU)69,000106,000+37,00016,393,02018,860,5800.28%+2,467,560
FRANCO-NEVADA CORP(FNV)19,55025,135+5,5853,204,6365,602,8430.08%+2,398,207
SPOTIFY TECHNOLOGY SA(SPOT)6083,890+3,282466,5432,715,2200.04%+2,248,677
VNET GROUP INC(VNET)291,452395,449+103,9972,011,0194,084,9880.06%+2,073,969
ORLA MINING LTD(ORLA)0179,881+179,88101,942,7150.03%+1,942,715
AVIDXCHANGE HOLDINGS INC214,818375,768+160,9502,103,0683,738,8920.06%+1,635,824
QUALCOMM INC(QCOM)08,000+8,00001,330,8800.02%+1,330,880
GUILD HOLDINGS CO119,606182,235+62,6292,364,6113,633,7660.05%+1,269,155
QFIN HOLDINGS INC(QFIN)039,081+39,08101,124,7510.02%+1,124,751
SAPIENS INTERNATIONAL CORP NV020,027+20,0270861,1610.01%+861,161
CUREVAC NV86,612235,180+148,568470,3031,267,6200.02%+797,317
VESTA REAL ESTATE CORP(VTMX)768,515768,515021,043,36921,728,3130.32%+684,944
GAOTU TECHEDU INC209,068440,947+231,879754,7351,437,4870.02%+682,752
INTERNATIONAL MONEY EXPRESS INC045,802+45,8020639,8540.01%+639,854
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD(TSM)12,77512,122-6532,893,4103,385,5530.05%+492,143
FIRST SOLAR INC(FSLR)02,180+2,1800480,7550.01%+480,755
PELOTON INTERACTIVE INC(PTON)039,484+39,4840355,3560.01%+355,356
LAUREATE EDUCATION INC(LAUR)40,00040,0000935,2001,261,6000.02%+326,400
FRONTIER COMMUNICATIONS PARENT INC290,833290,833010,586,32110,862,6130.16%+276,292
WIDEOPENWEST INC040,038+40,0380206,5960.00%+206,596
COINBASE GLOBAL INC(COIN)0559+5590188,6570.00%+188,657
DELL TECHNOLOGIES INC(DELL)3,3854,193+808415,001594,4420.01%+179,441
UNITEDHEALTH GROUP INC(UNH)(Call)00068672,479+71,793
TESLA INC(TSLA)5005000158,830222,3600.00%+63,530
UNITED PARCEL SERVICE INC(UPS)(Call)000030,839+30,839
GARMIN LTD(GRMN)8008000166,976196,9760.00%+30,000
PELOTON INTERACTIVE INC(PTON)(Call)000015,894+15,894
SURMODICS INC27,62227,6220820,650825,6220.01%+4,972
AMAZON.COM INC(AMZN)(Call)00002,635+2,635
MERIDIANLINK INC0107+10702,1330.00%+2,133
ROCKET LAB CORP(RKLB)(Call)00001,154+1,154
ARCHER AVIATION INC(ACHR)(Call)0001,0320-1,032
ALPHABET INC(GOOG)(Call)0002,0090-2,009
NVIDIA CORP(NVDA)(Call)0003,2550-3,255
MASTERCARD INC(MA)(Call)0003,7650-3,765
ROBLOX CORP(RBLX)(Call)0005,8960-5,896
NIKE INC(NKE)(Call)00044,9111,388-43,523
APPLE INC(AAPL)28,19022,394-5,7965,783,7425,702,1840.08%-81,558
GLOBANT SA4,0004,0000363,360229,5200.00%-133,840
SHERWIN-WILLIAMS CO/THE(SHW)7,6326,964-6682,620,5242,411,3550.04%-209,169
JPMORGAN CHASE & CO(JPM)11,0579,371-1,6863,205,5352,955,8950.04%-249,640
INTERACTIVE BROKERS GROUP INC(IBKR)4,5140-4,514250,2340-250,234
REDFIN CORP26,8180-26,818300,0930-300,093
TENCENT MUSIC ENTERTAINMENT GROUP(TME)137,269100,177-37,0922,675,3732,338,1310.03%-337,242
RENEW ENERGY GLOBAL PLC(RNW)50,0000-50,000345,5000-345,500
VEEVA SYSTEMS INC(VEEV)1,3000-1,300374,3740-374,374
DATADOG INC(DDOG)3,8220-3,822513,4090-513,409
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