AXA Investment Managers S.A.

CIK

1826635

Location

PUTEAUX, I0

Portfolio Value

Large $35,162,326,363

Diversification

Diversified

Filing Date

Sep 30, 2025

Global Rank

#184 / 7,976

Top Industry

Semiconductors 13.6%

3Y Alpha vs SPY

-10.8%

Period ended 9 months ago

Filed Nov 14, 2025 · 7mo

Clone Performance

Nov 2025–Jun 2026 · vs SPY

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

Cloned portfolio

+5.1%

SPY

+11.0%

Annualised alpha

-10.8%

Max drawdown

−10.8%

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

1,108 positions · as of Sep 30, 2025

Top Position

7.5%

of portfolio value

Top 5

24.3%

of portfolio value

Top 10

32.1%

of portfolio value

HHI

170

Diversified

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Technology	39.5%	$13,899,294,319	208
Healthcare	11.5%	$4,032,235,746	147
Consumer Cyclical	11.2%	$3,931,683,193	123
Financial Services	9.8%	$3,455,645,364	162
Industrials	9.3%	$3,286,278,422	160
Communication Services	6.3%	$2,205,450,369	49
Consumer Defensive	4.3%	$1,506,515,102	56
Basic Materials	3.1%	$1,090,623,144	54
Real Estate	2.7%	$960,070,687	70
Utilities	1.0%	$361,731,987	33
Energy	0.9%	$333,335,022	43
Unclassified	0.3%	$99,463,008	3

Portfolio Positions

Compact Export CSV View 13F filing

1,108 positions · $35,162,326,363 total · as of Sep 30, 2025

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

Showing 1–50 of 1,108 positions by value · page 1 of 23

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	First	14,133,764	—	$2,637,077,685	—	7.50%
MSFT	Microsoft Corp Technology	First	4,253,178	—	$2,202,933,544	—	6.27%
AAPL	Apple Inc. Technology	First	6,472,176	—	$1,648,010,173	—	4.69%
AMZN	Amazon Com Inc Consumer Cyclical	First	5,329,179	—	$1,170,127,831	—	3.33%
AVGO	Broadcom Inc. Technology	First	2,686,492	—	$886,300,573	—	2.52%
META	Meta Platforms, Inc. Communication Services	First	1,081,979	—	$794,583,737	—	2.26%
GOOGL	Alphabet Inc. Communication Services	First	2,959,109	—	$719,359,397	—	2.05%
V	Visa Inc. Financial Services	First	1,496,875	—	$511,003,186	—	1.45%
COST	Costco Wholesale Corp /New Consumer Defensive	First	390,392	—	$361,358,546	—	1.03%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	First	2,408,893	—	$348,181,392	—	0.99%
TSLA	Tesla, Inc. Consumer Cyclical	First	767,302	—	$341,234,543	—	0.97%
JPM	Jpmorgan Chase & Co Financial Services	First	1,048,217	—	$330,639,087	—	0.94%
CDNS	Cadence Design Systems Inc Technology	First	937,947	—	$329,463,261	—	0.94%
ETN	Eaton Corp plc Industrials	First	870,689	—	$325,855,357	—	0.93%
ISRG	Intuitive Surgical Inc Healthcare	First	692,696	—	$309,794,430	—	0.88%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	First	1,043,812	—	$291,526,252	—	0.83%
ADSK	Autodesk, Inc. Technology	First	907,725	—	$288,356,999	—	0.82%
BSX	Boston Scientific Corp Healthcare	First	2,816,813	—	$275,005,451	—	0.78%
LIN	Linde PLC Basic Materials	First	560,524	—	$266,248,900	—	0.76%
TT	Trane Technologies plc Industrials	First	600,183	—	$253,253,218	—	0.72%
MA	Mastercard Inc Financial Services	First	407,691	—	$231,898,716	—	0.66%
ORCL	Oracle Corp Technology	First	799,700	—	$224,907,626	—	0.64%
AXP	American Express Co Financial Services	First	670,140	—	$222,593,699	—	0.63%
ABBV	AbbVie Inc. Healthcare	First	948,621	—	$219,643,705	—	0.62%
CSCO	Cisco Systems, Inc. Technology	First	3,203,579	—	$219,188,873	—	0.62%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	First	1,224,093	—	$218,782,141	—	0.62%
PG	PROCTER & GAMBLE Co Consumer Defensive	First	1,408,540	—	$216,422,169	—	0.62%
UBER	Uber Technologies, Inc Technology	First	2,190,668	—	$214,619,742	—	0.61%
RACE	Ferrari N.V. Consumer Cyclical	First	426,587	—	$206,988,543	—	0.59%
PANW	Palo Alto Networks Inc Technology	First	1,000,567	—	$203,735,451	—	0.58%
LLY	ELI LILLY & Co Healthcare	First	262,864	—	$200,565,232	—	0.57%
TMO	Thermo Fisher Scientific Inc. Healthcare	First	403,144	—	$195,532,901	—	0.56%
INTU	Intuit Inc. Technology	First	274,521	—	$187,473,134	—	0.53%
GILD	Gilead Sciences, Inc. Healthcare	First	1,658,519	—	$184,095,609	—	0.52%
NXPI	NXP Semiconductors N.V. Technology	First	801,939	—	$182,625,567	—	0.52%
KO	Coca Cola Co Consumer Defensive	First	2,679,410	—	$177,698,470	—	0.51%
UBS	UBS Group AG Financial Services	First	4,222,171	—	$173,109,011	—	0.49%
CRM	Salesforce, Inc. Technology	First	719,005	—	$170,404,185	—	0.48%
BKNG	Booking Holdings Inc. Consumer Cyclical	First	30,853	—	$166,583,676	—	0.47%
AMGN	Amgen Inc Healthcare	First	579,669	—	$163,582,590	—	0.47%
QCOM	Qualcomm Inc/De Technology	First	967,586	—	$160,967,606	—	0.46%
ADP	Automatic Data Processing Inc Technology	First	515,979	—	$151,439,836	—	0.43%
AXON	Axon Enterprise, Inc. Industrials	First	208,842	—	$149,873,371	—	0.43%
AMAT	Applied Materials Inc /De Technology	First	724,493	—	$148,332,696	—	0.42%
ECL	Ecolab Inc. Basic Materials	First	523,991	—	$143,500,173	—	0.41%
PGR	Progressive Corp/Oh/ Financial Services	First	572,746	—	$141,439,622	—	0.40%
BMY	Bristol Myers Squibb Co Healthcare	First	3,125,540	—	$140,961,853	—	0.40%
NEM	NEWMONT Corp /DE/ Basic Materials	First	1,641,832	—	$138,422,854	—	0.39%
JNJ	Johnson & Johnson Healthcare	First	741,294	—	$137,450,733	—	0.39%
RSG	Republic Services, Inc. Industrials	First	597,868	—	$137,198,746	—	0.39%