AXA
PARIS, I0files as AXA S.A.
$92m in 46 US stocks at the end of 30 June 2026. The top 10 are 69.3% of the money. It changed about 43.2% of the portfolio this quarter.
Value
$92m
Stocks
46
Top 10 share
69.3%
Turnover
43.2%
What changed this quarter
New
Bought for the first time this quarter.
- Booking HoldingsBKNG3.7% of the fund
- SandiskSNDK0.6% of the fund
- United RentalsURI0.5% of the fund
- Waste ManagementWM0.4% of the fund
- S&P GlobalSPGI0.4% of the fund
- Union PacificUNP0.4% of the fund
- GE VernovaGEV0.3% of the fund
- PAN American SilverPAAS0.3% of the fund
- IntelINTC0.3% of the fund
- Credo Technology Group HoldingCRDO0.3% of the fund
Added
Bought more of a stock they already held.
- Berkshire HathawayBRK-B9.4% of the fund+4%
- LindeLIN0.8% of the fund+200%
- MastercardMA0.7% of the fund+40%
- FortinetFTNT0.5% of the fund+10%
- MsciMSCI0.4% of the fund+59%
- Regeneron PharmaceuticalsREGN0.4% of the fund+91%
Cut
Sold some of their stake.
- State STR Spdr S&P 500 ETF TSPY24.5% of the fund-49%
- TotalEnergies SETTE7.0% of the fund-57%
- NvidiaNVDA4.3% of the fund-58%
- MicrosoftMSFT4.0% of the fund-47%
- Amazon.comAMZN3.5% of the fund-51%
- Lam ResearchLRCX2.7% of the fund-28%
- FerrariRACE2.7% of the fund-41%
- StellantisSTLA2.3% of the fund-26%
- AppleAAPL2.0% of the fund-75%
- IsharesIEMG2.0% of the fund-86%
- Taiwan Semiconductor ManufacturingTSM1.7% of the fund-78%
- Eli LillyLLY1.6% of the fund-23%
- VisaV1.2% of the fund-55%
- Micron TechnologyMU1.0% of the fund-75%
- CaterpillarCAT0.9% of the fund-4%
- Meta PlatformsMETA0.9% of the fund-71%
- General ElectricGE0.7% of the fund-7%
- AdobeADBE0.6% of the fund-12%
- RTXRTX0.6% of the fund-3%
- TeslaTSLA0.5% of the fund-43%
- Bank of AmericaBAC0.5% of the fund-74%
- Advanced Micro DevicesAMD0.5% of the fund-89%
- Alibaba Group HldgBABA0.5% of the fund-99%
- AlphabetGOOG<0.1% of the fund-98%
Sold out
Sold their entire stake.
- BroadcomAVGO-100%
- NetflixNFLX-100%
- NextEra EnergyNEE-100%
- EatonETN-100%
- Morgan StanleyMS-100%
- Monster BeverageMNST-100%
- AutodeskADSK-100%
- CienaCIEN-100%
- CencoraCOR-100%
- Costco WholesaleCOST-100%
- Martin Marietta MaterialsMLM-100%
- Uber TechnologiesUBER-100%
- EOG ResourcesEOG-100%
- Clean HarborsCLH-100%
- TJX CompaniesTJX-100%
- MerckMRK-100%
- American ExpressAXP-100%
- Royal Caribbean CruisesRCL-100%
- Boston ScientificBSX-100%
- Cirrus LogicCRUS-100%
- Ensign GroupENSG-100%
- Thermo Fisher ScientificTMO-100%
- Ingersoll RandIR-100%
- O'Reilly AutomotiveORLY-100%
- Neurocrine BiosciencesNBIX-100%
Holdings
- State STR Spdr S&P 500 ETF TSPY
- Share
- 24.5%
- Value
- $23m
- Shares
- 34,766
-49%
- IsharesIEMG
- Share
- 2.0%
- Value
- $2m
- Shares
- 21,600
-86%
- Alibaba Group HldgBABA
- Share
- 0.5%
- Value
- $423,655
- Shares
- 5,046
-99%
- PAN American SilverPAAS
- Share
- 0.3%
- Value
- $271,200
- Shares
- 6,921
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| State STR Spdr S&P 500 ETF TSPY | 24.5% | $23m | 34,766 | -49% |
| Berkshire HathawayBRK-B | 9.4% | $9m | 19,843 | +4% |
| TotalEnergies SETTE | 7.0% | $6m | 83,339 | -57% |
| AlphabetGOOGL | 5.4% | $5m | 16,017 | Held |
| NvidiaNVDA | 4.3% | $4m | 22,450 | -58% |
| MicrosoftMSFT | 4.0% | $4m | 11,305 | -47% |
| Coca-ColaKO | 3.8% | $3m | 48,523 | Held |
| Booking HoldingsBKNG | 3.7% | $3m | 2,715 | New |
| Lument Finance TrustLFT | 3.6% | $3m | 3,340,780 | Held |
| Amazon.comAMZN | 3.5% | $3m | 15,396 | -51% |
| Lam ResearchLRCX | 2.7% | $3m | 998 | -28% |
| FerrariRACE | 2.7% | $3m | 6,794 | -41% |
| StellantisSTLA | 2.3% | $2m | 369,850 | -26% |
| AppleAAPL | 2.0% | $2m | 7,195 | -75% |
| IsharesIEMG | 2.0% | $2m | 21,600 | -86% |
| Taiwan Semiconductor ManufacturingTSM | 1.7% | $2m | 3,779 | -78% |
| Eli LillyLLY | 1.6% | $1m | 1,372 | -23% |
| VisaV | 1.2% | $1m | 3,718 | -55% |
| Micron TechnologyMU | 1.0% | $885,741 | 880 | -75% |
| CaterpillarCAT | 0.9% | $864,539 | 957 | -4% |
| Meta PlatformsMETA | 0.9% | $856,159 | 1,739 | -71% |
| LindeLIN | 0.8% | $723,797 | 1,595 | +200% |
| MastercardMA | 0.7% | $636,103 | 1,427 | +40% |
| JPMorgan ChaseJPM | 0.7% | $630,760 | 2,204 | Held |
| General ElectricGE | 0.7% | $605,319 | 2,009 | -7% |
| AdobeADBE | 0.6% | $565,165 | 3,394 | -12% |
| RTXRTX | 0.6% | $557,100 | 3,359 | -3% |
| SandiskSNDK | 0.6% | $522,257 | 263 | New |
| TeslaTSLA | 0.5% | $491,927 | 1,481 | -43% |
| United RentalsURI | 0.5% | $480,308 | 520 | New |
| ModernaMRNA | 0.5% | $476,952 | 7,790 | Held |
| Bank of AmericaBAC | 0.5% | $452,093 | 9,076 | -74% |
| FortinetFTNT | 0.5% | $442,350 | 3,293 | +10% |
| Advanced Micro DevicesAMD | 0.5% | $437,416 | 862 | -89% |
| Alibaba Group HldgBABA | 0.5% | $423,655 | 5,046 | -99% |
| MsciMSCI | 0.4% | $367,510 | 753 | +59% |
| Waste ManagementWM | 0.4% | $366,136 | 1,879 | New |
| S&P GlobalSPGI | 0.4% | $355,251 | 994 | New |
| Union PacificUNP | 0.4% | $349,335 | 1,588 | New |
| Regeneron PharmaceuticalsREGN | 0.4% | $344,018 | 675 | +91% |
| GE VernovaGEV | 0.3% | $286,513 | 279 | New |
| Lumentum HoldingsLITE | 0.3% | $282,018 | 376 | Held |
| PAN American SilverPAAS | 0.3% | $271,200 | 6,921 | New |
| IntelINTC | 0.3% | $256,579 | 2,103 | New |
| Credo Technology Group HoldingCRDO | 0.3% | $248,877 | 1,049 | New |
| AlphabetGOOG | <0.1% | $83,722 | 271 | -98% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 99.7% since 30 June 2025.
Where the money is
Technology18.7%
Financial services13.3%
Retail & consumer12.8%
Energy7.0%
Media & telecom6.5%
Industrials3.8%
Everyday goods3.8%
Real estate3.6%
Health care2.5%
Materials1.1%
Other27.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.