Mirova US LLC

CIK

1802900

Location

Boston, MA

Portfolio Value

Mid $8,812,194,608

Diversification

Diversified

Filing Date

Global Rank

#460 / 8,605 ▼ 34 · as of Mar 2026

Top Industry

Semiconductors 18.8%

3Y Alpha vs SPY

-6.1%

Period ended 3 months ago

Filed May 11, 2026 · 59d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+50.3%

SPY

+76.5%

Annualised alpha

-6.3%

Max drawdown

−17.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

42 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

10.0%

+0.2 pts

Top 5

31.3%

−1.8 pts

Top 10

50.0%

−1.8 pts

HHI

408

Diversified−11

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	36.3%	$3,202,467,137	11
Industrials	20.1%	$1,773,139,502	10
Healthcare	16.2%	$1,425,417,550	6
Consumer Cyclical	12.1%	$1,064,908,850	5
Financial Services	6.6%	$582,626,589	3
Utilities	5.0%	$441,747,998	3
Basic Materials	3.5%	$311,242,069	1
Communication Services	0.1%	$7,758,514	2
Consumer Defensive	0.0%	$2,886,399	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
BSX	Boston Scientific Corp	+833,372	2,203,401	$138,263,412
VLTO	Veralto Corp	+636,447	1,689,337	$149,371,177
AGCO	Agco Corp /De	+422,034	1,586,652	$183,845,367
VRT	Vertiv Holdings Co	+240,856	1,022,714	$256,271,674
AVGO	Broadcom Inc.	+183,850	1,113,510	$344,642,480
HUBB	Hubbell Inc	+97,151	575,911	$282,622,564
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
V	Visa Inc.	−446,946	325,764	$98,458,911
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−398,518	1,281,550	$433,099,822
ECL	Ecolab Inc.	−267,646	1,169,995	$311,242,069
NVDA	Nvidia Corp	−199,604	5,055,799	$881,731,345
FSLR	First Solar, Inc.	−190,525	698,552	$137,796,367
EBAY	Ebay Inc	−116,114	3,432,531	$312,428,971
SHOP	Shopify Inc.	−114,701	2,671,242	$316,862,726
EW	Edwards Lifesciences Corp	−111,756	2,627,315	$210,395,385
BALL	BALL Corp	−109,008	2,407,018	$142,278,833
TJX	Tjx Companies Inc /De/	−101,835	2,408,310	$384,607,107
NEE	Nextera Energy Inc	−98,734	3,623,477	$336,548,543
CP	Canadian Pacific Kansas City Ltd/Cn	−85,157	1,944,162	$152,927,782
XYL	Xylem Inc.	−73,742	1,807,448	$215,990,036
MSFT	Microsoft Corp	−65,447	1,555,616	$575,842,374
PANW	Palo Alto Networks Inc	−65,125	1,602,712	$256,946,787
WM	Waste Management Inc	−57,277	1,362,167	$313,012,354
DHR	Danaher Corp /De/	−43,442	1,051,430	$199,351,128
LOW	Lowes Companies Inc	−39,703	941,425	$222,439,899
MA	Mastercard Inc	−39,036	957,746	$478,547,366
WMS	Advanced Drainage Systems, Inc.	−32,149	628,843	$86,233,240
AWK	American Water Works Company, Inc.	−31,123	750,695	$102,162,082
ACN	Accenture plc	−28,548	682,706	$135,373,772
TMO	Thermo Fisher Scientific Inc.	−26,169	615,090	$302,335,187
CRM	Salesforce, Inc.	−25,108	609,451	$113,766,218
WTS	Watts Water Technologies Inc	−22,563	437,865	$127,107,830
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
ROP	Roper Technologies Inc	193,763	$86,249,724
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

42 positions · $8,812,194,608 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	5,055,799	-199,604	$881,731,345	−10.0%	10.01%
MSFT	Microsoft Corp Technology	Reduced	1,555,616	-65,447	$575,842,374	−26.5%	6.53%
MA	Mastercard Inc Financial Services	Reduced	957,746	-39,036	$478,547,366	−15.9%	5.43%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	1,281,550	-398,518	$433,099,822	−15.2%	4.91%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	2,408,310	-101,835	$384,607,107	−0.3%	4.36%
AVGO	Broadcom Inc. Technology	Added	1,113,510	+183,850	$344,642,480	+7.1%	3.91%
LLY	ELI LILLY & Co Healthcare	Reduced	368,438	-15,836	$338,878,219	−17.9%	3.85%
NEE	Nextera Energy Inc Utilities	Reduced	3,623,477	-98,734	$336,548,543	+12.6%	3.82%
SHOP	Shopify Inc. Technology	Reduced	2,671,242	-114,701	$316,862,726	−29.3%	3.60%
WM	Waste Management Inc Industrials	Reduced	1,362,167	-57,277	$313,012,354	+0.4%	3.55%
EBAY	Ebay Inc Consumer Cyclical	Reduced	3,432,531	-116,114	$312,428,971	+1.1%	3.55%
ECL	Ecolab Inc. Basic Materials	Reduced	1,169,995	-267,646	$311,242,069	−17.5%	3.53%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	615,090	-26,169	$302,335,187	−18.6%	3.43%
HUBB	Hubbell Inc Industrials	Added	575,911	+97,151	$282,622,564	+32.9%	3.21%
PANW	Palo Alto Networks Inc Technology	Reduced	1,602,712	-65,125	$256,946,787	−16.4%	2.92%
VRT	Vertiv Holdings Co Industrials	Added	1,022,714	+240,856	$256,271,674	+102.3%	2.91%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	512,363	-21,766	$236,194,219	−21.9%	2.68%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	941,425	-39,703	$222,439,899	−6.0%	2.52%
XYL	Xylem Inc. Industrials	Reduced	1,807,448	-73,742	$215,990,036	−15.7%	2.45%
EW	Edwards Lifesciences Corp Healthcare	Reduced	2,627,315	-111,756	$210,395,385	−9.9%	2.39%
DHR	Danaher Corp /De/ Healthcare	Reduced	1,051,430	-43,442	$199,351,128	−20.5%	2.26%
AGCO	Agco Corp /De Industrials	Added	1,586,652	+422,034	$183,845,367	+51.3%	2.09%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	1,944,162	-85,157	$152,927,782	+2.3%	1.74%
VLTO	Veralto Corp Industrials	Added	1,689,337	+636,447	$149,371,177	+42.2%	1.70%
BALL	BALL Corp Consumer Cyclical	Reduced	2,407,018	-109,008	$142,278,833	+6.8%	1.61%
BSX	Boston Scientific Corp Healthcare	Added	2,203,401	+833,372	$138,263,412	+5.8%	1.57%
FSLR	First Solar, Inc. Technology	Reduced	698,552	-190,525	$137,796,367	−40.7%	1.56%
ACN	Accenture plc Technology	Reduced	682,706	-28,548	$135,373,772	−29.1%	1.54%
WTS	Watts Water Technologies Inc Industrials	Reduced	437,865	-22,563	$127,107,830	+0.0%	1.44%
CRM	Salesforce, Inc. Technology	Reduced	609,451	-25,108	$113,766,218	−32.3%	1.29%
AWK	American Water Works Company, Inc. Utilities	Reduced	750,695	-31,123	$102,162,082	+0.1%	1.16%
V	Visa Inc. Financial Services	Reduced	325,764	-446,946	$98,458,911	−63.7%	1.12%
WMS	Advanced Drainage Systems, Inc. Industrials	Reduced	628,843	-32,149	$86,233,240	−9.9%	0.98%
JCI	Johnson Controls International plc Industrials	Reduced	43,967	-82	$5,757,478	+9.1%	0.07%
NDAQ	Nasdaq, Inc. Financial Services	Reduced	66,207	-19,464	$5,620,312	−32.5%	0.06%
GOOGL	Alphabet Inc. Communication Services	Held	19,424	0	$5,585,565	−8.1%	0.06%
AAPL	Apple Inc. Technology	Held	15,420	0	$3,913,441	−6.6%	0.04%
AMZN	Amazon Com Inc Consumer Cyclical	Held	15,144	0	$3,154,040	−9.8%	0.04%
ES	Eversource Energy Utilities	Reduced	43,842	-10,195	$3,037,373	−16.5%	0.03%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	33,866	-62	$2,886,399	+7.7%	0.03%
INTU	Intuit Inc. Technology	Reduced	5,763	-12	$2,491,805	−34.9%	0.03%
META	Meta Platforms, Inc. Communication Services	Held	3,798	0	$2,172,949	−13.3%	0.02%