AXA Investment Managers S.A.
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 SPYHypothetical 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, 2025Top 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 |
|---|---|---|
| Technology | 39.5% | $13,899,294,319 |
| Healthcare | 11.5% | $4,032,235,746 |
| Consumer Cyclical | 11.2% | $3,931,683,193 |
| Financial Services | 9.8% | $3,455,645,364 |
| Industrials | 9.3% | $3,286,278,422 |
| Communication Services | 6.3% | $2,205,450,369 |
| Consumer Defensive | 4.3% | $1,506,515,102 |
| Basic Materials | 3.1% | $1,090,623,144 |
| Real Estate | 2.7% | $960,070,687 |
| Utilities | 1.0% | $361,731,987 |
| Energy | 0.9% | $333,335,022 |
| Unclassified | 0.3% | $99,463,008 |
208 positions ·
$13,899,294,319 total
· Technology only
· 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 208 positions by value
· page 1 of 5
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
First | 14,133,764 | $2,637,077,685 | 18.97% | |
| MSFT |
Microsoft Corp
Technology
|
First | 4,253,178 | $2,202,933,544 | 15.85% | |
| AAPL |
Apple Inc.
Technology
|
First | 6,472,176 | $1,648,010,173 | 11.86% | |
| AVGO |
Broadcom Inc.
Technology
|
First | 2,686,492 | $886,300,573 | 6.38% | |
| CDNS |
Cadence Design Systems Inc
Technology
|
First | 937,947 | $329,463,261 | 2.37% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
First | 1,043,812 | $291,526,252 | 2.10% | |
| ADSK |
Autodesk, Inc.
Technology
|
First | 907,725 | $288,356,999 | 2.07% | |
| ORCL |
Oracle Corp
Technology
|
First | 799,700 | $224,907,626 | 1.62% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
First | 3,203,579 | $219,188,873 | 1.58% | |
| UBER |
Uber Technologies, Inc
Technology
|
First | 2,190,668 | $214,619,742 | 1.54% | |
| PANW |
Palo Alto Networks Inc
Technology
|
First | 1,000,567 | $203,735,451 | 1.47% | |
| INTU |
Intuit Inc.
Technology
|
First | 274,521 | $187,473,134 | 1.35% | |
| NXPI |
NXP Semiconductors N.V.
Technology
|
First | 801,939 | $182,625,567 | 1.31% | |
| CRM |
Salesforce, Inc.
Technology
|
First | 719,005 | $170,404,185 | 1.23% | |
| QCOM |
Qualcomm Inc/De
Technology
|
First | 967,586 | $160,967,606 | 1.16% | |
| ADP |
Automatic Data Processing Inc
Technology
|
First | 515,979 | $151,439,836 | 1.09% | |
| AMAT |
Applied Materials Inc /De
Technology
|
First | 724,493 | $148,332,696 | 1.07% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
First | 698,093 | $127,346,124 | 0.92% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
First | 704,104 | $113,916,984 | 0.82% | |
| TEL |
TE Connectivity plc
Technology
|
First | 494,355 | $108,525,751 | 0.78% | |
| SHOP |
Shopify Inc.
Technology
|
First | 718,868 | $106,830,972 | 0.77% | |
| MPWR |
Monolithic Power Systems Inc
Technology
|
First | 115,618 | $106,442,554 | 0.77% | |
| LRCX |
Lam Research Corp
Technology
|
First | 776,141 | $103,925,278 | 0.75% | |
| ACN |
Accenture plc
Technology
|
First | 399,830 | $98,598,077 | 0.71% | |
| APH |
Amphenol Corp /De/
Technology
|
First | 782,586 | $96,845,017 | 0.70% | |
| ANET |
Arista Networks, Inc.
Technology
|
First | 641,078 | $93,411,474 | 0.67% | |
| ADBE |
Adobe Inc.
Technology
|
First | 250,703 | $88,435,482 | 0.64% | |
| MSI |
Motorola Solutions, Inc.
Technology
|
First | 192,990 | $88,252,395 | 0.63% | |
| TRMB |
Trimble Inc.
Technology
|
First | 1,067,661 | $87,174,519 | 0.63% | |
| NOW |
ServiceNow, Inc.
Technology
|
First | 460,561 | $84,769,014 | 0.61% | |
| PAYO |
Payoneer Global Inc.
Technology
|
First | 13,866,229 | $83,890,684 | 0.60% | |
| ZBRA |
Zebra Technologies Corp
Technology
|
First | 273,396 | $81,242,354 | 0.58% | |
| BSY |
Bentley Systems Inc
Technology
|
First | 1,459,994 | $75,160,490 | 0.54% | |
| IBM |
International Business Machines Corp
Technology
|
First | 255,141 | $71,990,583 | 0.52% | |
| CTSH |
Cognizant Technology Solutions Corp
Technology
|
First | 1,053,810 | $70,679,036 | 0.51% | |
| PTC |
Ptc Inc.
Technology
|
First | 337,238 | $68,466,058 | 0.49% | |
| PAYX |
Paychex Inc
Technology
|
First | 532,371 | $67,483,347 | 0.49% | |
| MU |
Micron Technology Inc
Technology
|
First | 402,681 | $67,376,583 | 0.48% | |
| KLAC |
Kla Corp
Technology
|
First | 61,581 | $66,421,265 | 0.48% | |
| NET |
Cloudflare, Inc.
Technology
|
First | 296,401 | $63,604,690 | 0.46% | |
| TER |
Teradyne, Inc
Technology
|
First | 421,588 | $58,027,371 | 0.42% | |
| SNOW |
Snowflake Inc.
Technology
|
First | 247,306 | $55,779,868 | 0.40% | |
| FROG |
JFrog Ltd
Technology
|
First | 1,135,774 | $53,756,183 | 0.39% | |
| SNPS |
Synopsys Inc
Technology
|
First | 98,216 | $48,458,790 | 0.35% | |
| FTNT |
Fortinet, Inc.
Technology
|
First | 567,311 | $47,699,508 | 0.34% | |
| CIEN |
Ciena Corp
Technology
|
First | 316,236 | $46,066,097 | 0.33% | |
| DDOG |
Datadog, Inc.
Technology
|
First | 313,460 | $44,636,703 | 0.32% | |
| CRDO |
Credo Technology Group Holding Ltd
Technology
|
First | 302,269 | $44,013,387 | 0.32% | |
| VRSN |
Verisign Inc/Ca
Technology
|
First | 156,574 | $43,773,391 | 0.31% | |
| CGNX |
Cognex Corp
Technology
|
First | 949,895 | $43,030,243 | 0.31% |