Amundi
Long book
$367.10B
Q1 2026
Positions
1967
Top-10 weight
35%
concentration
Last quarter
+13.8%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsAmundi is a mechanically diversified allocator, running a $367.10B US long book across 1967 positions.
The portfolio is moderately concentrated (top 10 ≈ 35% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, TOTALENERGIES SE, APPLE INC, MICROSOFT CORP, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.9%
Q2 2024
+5.2%
Q3 2024
+1.2%
Q4 2024
-3.9%
Q1 2025
+11.9%
Q2 2025
+8.7%
Q3 2025
+3.1%
Q4 2025
-3.8%
Q1 2026
+13.8%
Sector allocation
Technology 38%
Industrials 10%
Financials 9%
Energy 9%
Consumer discretionary 9%
Healthcare 9%
Services media 4%
Other 3%
Long book by quarter
What does Amundi own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 133.8M | $23.33B | 6.4% | +10.4% |
| TTE TOTALENERGIES SE | Energy | 207.4M | $18.87B | 5.1% | New |
| AAPL APPLE INC | Technology | 73.1M | $18.55B | 5.1% | +23.2% |
| MSFT MICROSOFT CORP | Technology | 41.7M | $15.43B | 4.2% | +30.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 61.4M | $12.79B | 3.5% | +14.1% |
| GOOGL ALPHABET INC-CL A | Technology | 31.7M | $9.13B | 2.5% | +12.7% |
| TSLA TESLA INC | Industrials | 22.2M | $8.24B | 2.2% | +14.0% |
| AVGO BROADCOM INC | Technology | 26.1M | $8.07B | 2.2% | +9.6% |
| META META PLATFORMS INC-CLASS A | Technology | 11.9M | $6.78B | 1.8% | +18.1% |
| GOOG ALPHABET INC-CL C | Technology | 21.9M | $6.29B | 1.7% | +22.9% |
| LLY ELI LILLY & CO | Healthcare | 5.1M | $4.65B | 1.3% | +9.9% |
| XOM EXXON MOBIL CORP | Energy | 24.5M | $4.16B | 1.1% | +5.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 13.4M | $3.28B | 0.9% | +17.5% |
| AZN ASTRAZENECA PLC | Healthcare | 15.4M | $3.03B | 0.8% | New |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.8M | $2.83B | 0.8% | +11.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 13.7M | $2.78B | 0.8% | -13.6% |
| CVX CHEVRON CORP | Energy | 12.2M | $2.52B | 0.7% | +3.0% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 16.4M | $2.40B | 0.7% | +2.5% |
| ABBV ABBVIE INC | Healthcare | 10.7M | $2.33B | 0.6% | +2.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.7M | $2.26B | 0.6% | +21.9% |
| AMAT APPLIED MATERIALS INC | Technology | 6.6M | $2.24B | 0.6% | +5.0% |
| NFLX NETFLIX INC | Services media | 23.2M | $2.23B | 0.6% | -1.1% |
| LRCX LAM RESEARCH CORP | Industrials | 10.1M | $2.17B | 0.6% | +23.7% |
| BAC BANK OF AMERICA CORP | Financials | 42.4M | $2.07B | 0.6% | +12.5% |
| JPM JPMORGAN CHASE & CO | Financials | 7.0M | $2.05B | 0.6% | +3.2% |
| MU MICRON TECHNOLOGY INC | Technology | 6.0M | $2.02B | 0.5% | +19.7% |
| V VISA INC-CLASS A SHARES | Services media | 6.6M | $2.00B | 0.5% | +5.6% |
| HD HOME DEPOT INC | Consumer discretionary | 5.8M | $1.91B | 0.5% | -13.6% |
| WMT WALMART INC | Consumer discretionary | 14.4M | $1.79B | 0.5% | -9.6% |
| DBK DEUTSCHE BANK AG-REGISTERED | — | 60.1M | $1.79B | 0.5% | +11.4% |
| PEP PEPSICO INC | Consumer staples | 11.4M | $1.78B | 0.5% | +16.8% |
| TXN TEXAS INSTRUMENTS INC | Technology | 9.1M | $1.76B | 0.5% | +9.0% |
| GE GENERAL ELECTRIC | Industrials | 6.1M | $1.74B | 0.5% | +135.2% |
| UNH UNITEDHEALTH GROUP INC | Financials | 6.4M | $1.73B | 0.5% | -13.3% |
| INTC INTEL CORP | Technology | 39.0M | $1.72B | 0.5% | +14.9% |
| MA MASTERCARD INC - A | Services media | 3.4M | $1.71B | 0.5% | +7.7% |
| MRK MERCK & CO. INC. | Healthcare | 13.8M | $1.66B | 0.5% | +2.8% |
| KLAC KLA CORP | Other | 1.1M | $1.61B | 0.4% | +37.0% |
| ADI ANALOG DEVICES INC | Technology | 5.0M | $1.60B | 0.4% | +5.3% |
| GEV GE VERNOVA INC | Industrials | 1.8M | $1.58B | 0.4% | +256.6% |
| CAT CATERPILLAR INC | Industrials | 2.2M | $1.57B | 0.4% | +29.4% |
| LIN LINDE PLC | Materials | 3.2M | $1.57B | 0.4% | +13.4% |
| GILD GILEAD SCIENCES INC | Healthcare | 10.5M | $1.47B | 0.4% | +10.7% |
| RTX RTX CORP | Industrials | 7.5M | $1.44B | 0.4% | +69.7% |
| ORCL ORACLE CORP | Technology | 9.7M | $1.43B | 0.4% | +4.4% |
| KO COCA-COLA CO/THE | Consumer staples | 18.8M | $1.43B | 0.4% | -4.2% |
| CSCO CISCO SYSTEMS INC | Technology | 18.1M | $1.41B | 0.4% | +9.2% |
| GS GOLDMAN SACHS GROUP INC | Financials | 1.7M | $1.40B | 0.4% | +31.5% |
| TJX TJX COMPANIES INC | Consumer discretionary | 8.6M | $1.38B | 0.4% | +9.1% |
| C CITIGROUP INC | Financials | 12.1M | $1.38B | 0.4% | +3.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 18, 2026 | 5406 | $367.10B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 5068 | $367.99B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 4786 | $311.14B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 4863 | $289.69B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 12221 | $274.71B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 11888 | $287.59B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 11404 | $271.36B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 10576 | $260.88B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 10930 | $232.70B | canonical | SEC ↗ |
Similar funds
VANGUARD CAPITAL MANAGEMENT LLCVANGUARD PORTFOLIO MANAGEMENT LLCPRICE T ROWE ASSOCIATES INC /MD/Bank of New York Mellon CorpLegal & General Group PlcVANGUARD FIDUCIARY TRUST CONuveen, LLCJANUS HENDERSON GROUP PLCAMERICAN CENTURY COMPANIES INCPRINCIPAL FINANCIAL GROUP INCVanguard Global Advisers, LLCPNC FINANCIAL SERVICES GROUP, INC.