SEC 13F Intelligence

Managers / Q2 2025 · view latest →

GROUPAMA ASSET MANAGMENT

CIK 0001055969 · 25 RUE DE LA VILLE L'EVEQUE, PARIS, I0, 75008 · 0033144567676

Reported Value
$6.0B
Q2 2025
Positions
406
Filings on Record
10
2019–present window
Filed
Aug 13, 2025
original filing

Summary

Groupama Asset Managment reported $6.0B in U.S.-listed holdings across 406 positions for Q2 2025.

Its largest position, MSFT, represents 8.9% of the portfolio.

Compared with Q1 2025, the fund opened 43 new positions and exited 44.

Portfolio Metrics

Turnover
+7.0%
vs prior filed quarter
Top-10 Concentration
+42.9%
share of reported value
Largest Position
+8.9%
Microsoft
New / Exited
43 / 44
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’23: $3.8BQ4 ’23Q1 ’24: $5.5BQ2 ’24: $7.4BQ2 ’24Q3 ’24: $3.8BQ4 ’24: $4.9BQ4 ’24Q1 ’25: $5.0BQ2 ’25: $6.0BQ2 ’25Q4 ’25: $6.8BQ1 ’26: $6.8BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 93.6%Other: 3.9%REIT: 1.6%ADR: 0.9%
  • Common Stock · 93.6% · $5.7B
  • Other · 3.9% · $236M
  • REIT · 1.6% · $97M
  • ADR · 0.9% · $55M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OLAORLA MNG LTD NEWNEW+559.6K559.6K+$7M$7M
AGIALAMOS GOLD INC NEWNEW+278.4K278.4K+$7M$7M
FISVFISERV INCNEW+16.4K16.4K+$3M$3M
YUMYUM BRANDS INCNEW+14.8K14.8K+$2M$2M
VLTOVERALTO CORPNEW+20.0K20.0K+$2M$2M
ADIANALOG DEVICES INCNEW+8.5K8.5K+$2M$2M
ATOATMOS ENERGY CORPNEW+13.1K13.1K+$2M$2M
COFCAPITAL ONE FINL CORPNEW+9.3K9.3K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

50 positions
#IssuerClass% PortfolioValueShares
1MSFTMICROSOFT CORPhistory →COM8.93%$540M1.09M
2NVDANVIDIA CORPORATIONhistory →COM6.24%$377M2.39M
3AVGOBROADCOM INChistory →COM5.42%$328M1.22M
4AAPLAPPLE INChistory →COM4.00%$242M1.20M
5AMZNAMAZON COM INChistory →COM3.71%$224M1.00M
6JPMJPMORGAN CHASE & CO.history →COM3.55%$215M748.1K
7MSIMOTOROLA SOLUTIONS INChistory →COM NEW2.96%$179M427.4K
8AEMAGNICO EAGLE MINES LTDhistory →COM2.85%$172M1.48M
9MUMICRON TECHNOLOGY INChistory →COM2.78%$168M1.35M
10BSXBOSTON SCIENTIFIC CORPhistory →COM2.48%$150M1.41M
11GOOGLALPHABET INChistory →CAP STK CL A2.45%$148M830.3K
12METAMETA PLATFORMS INChistory →CL A2.42%$146M199.1K
13PHPARKER-HANNIFIN CORPhistory →COM1.75%$106M151.3K
14WMTWALMART INChistory →COM1.68%$101M1.04M
15TECK/BTECK RESOURCES LTDhistory →CL B1.46%$88M2.16M
16TMUST-MOBILE US INChistory →COM1.41%$85M362.4K
17XPOXPO INChistory →COM1.41%$85M668.6K
18LLYELI LILLY & COhistory →COM1.34%$81M104.6K
19PANWPALO ALTO NETWORKS INChistory →COM1.25%$76M376.9K
20CYBERARK SOFTWARE LTDSHS1.17%$71M177.3K
21BKRBAKER HUGHES COMPANYhistory →CL A1.07%$65M1.70M
22TMOTHERMO FISHER SCIENTIFIC INChistory →COM1.04%$63M154.2K
23CMECME GROUP INChistory →COM1.04%$63M227.8K
24MRKMERCK & CO INChistory →COM1.02%$62M783.1K
25TJXTJX COS INC NEWhistory →COM1.01%$61M493.3K
26URIUNITED RENTALS INChistory →COM0.99%$60M79.3K
27GEVGE VERNOVA INChistory →COM0.93%$56M108.6K
28PGPROCTER AND GAMBLE COhistory →COM0.89%$54M334.8K
29METMETLIFE INChistory →COM0.88%$53M659.2K
30PNCPNC FINL SVCS GROUP INChistory →COM0.79%$47M255.7K
31TSLATESLA INChistory →COM0.78%$47M145.8K
32NEENEXTERA ENERGY INChistory →COM0.77%$47M658.4K
33ETRENTERGY CORP NEWhistory →COM0.74%$45M543.3K
34FNVFRANCO NEV CORPhistory →COM0.74%$44M275.5K
35HONGBPHONEYWELL INTL INChistory →COM0.69%$42M182.3K
36DWDMORGAN STANLEYhistory →COM NEW0.66%$40M282.3K
37DISDISNEY WALT COhistory →COM0.64%$39M318.1K
38SRESEMPRAhistory →COM0.64%$39M513.7K
39TRVCCITIGROUP INChistory →COM NEW0.63%$38M448.9K
40REGNREGENERON PHARMACEUTICALShistory →COM0.58%$35M67.9K
41ISRGINTUITIVE SURGICAL INChistory →COM NEW0.58%$35M65.8K
42HUBSHUBSPOT INChistory →COM0.55%$34M60.9K
43HALHALLIBURTON COhistory →COM0.54%$32M1.57M
44FERRARI N VCOM0.51%$31M73.8K
45CDNSCADENCE DESIGN SYSTEM INChistory →COM0.48%$29M95.4K
46ABBVABBVIE INChistory →COM0.45%$27M149.7K
47WELLWELLTOWER INChistory →COM0.45%$27M179.1K
48VRTXVERTEX PHARMACEUTICALS INChistory →COM0.45%$27M61.3K
49ISIIONIS PHARMACEUTICALS INChistory →COM0.44%$26M661.0K
50EQIXEQUINIX INChistory →COM0.41%$25M31.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$6.8B395May 22, 202613F-HRchanges · EDGAR ↗
Q4 2025$6.8B437Feb 27, 202613F-HRchanges · EDGAR ↗
Q2 2025$6.0B406Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.0B405May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.9B439Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.8B726Nov 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$7.4B489Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$5.5B578May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.8B476Feb 14, 202413F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Amundi Asset Management028-11419
  • Lazard Freres Gestion S.A.S.028-13010

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.