CAISSE DES DEPOTS ET CONSIGNATIONS
Long book
$6.06B
Q1 2026
Positions
217
Top-10 weight
83%
concentration
Last quarter
-2.0%
SPY +14.8%
Turnover
16%
of book per quarter
Strategy in plain words
auto-generated from filingsCAISSE DES DEPOTS ET CONSIGNATIONS is an institutional manager, running a $6.06B US long book across 217 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: TOTALENERGIES SE, ASTRAZENECA PLC, LINDE PLC, UBS GROUP AG-REG, ALCON INC.
Over the last 6 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 2 of 6 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-0.3%
Q1 2025
+9.0%
Q2 2025
+4.5%
Q3 2025
+2.3%
Q4 2025
+16.1%
Q1 2026
-2.0%
Sector allocation
Energy 47%
Healthcare 21%
Technology 9%
Financials 7%
Materials 6%
Industrials 3%
Services media 3%
Consumer discretionary 2%
Long book by quarter
What does CAISSE DES own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TTE TOTALENERGIES SE | Energy | 30.4M | $2.83B | 46.7% | Held |
| AZN ASTRAZENECA PLC | Healthcare | 4.9M | $945.9M | 15.6% | New |
| LIN LINDE PLC | Materials | 742.3K | $368.0M | 6.1% | +0.5% |
| UBS UBS GROUP AG-REG | Financials | 7.8M | $298.8M | 4.9% | -1.4% |
| ALC ALCON INC | Healthcare | 2.4M | $175.1M | 2.9% | +4.9% |
| TT TRANE TECHNOLOGIES PLC | Technology | 310.8K | $129.5M | 2.1% | Held |
| NVDA NVIDIA CORP | Technology | 506.5K | $88.3M | 1.5% | -0.2% |
| AAPL APPLE INC | Technology | 313.2K | $79.5M | 1.3% | -0.2% |
| V VISA INC-CLASS A SHARES | Services media | 184.7K | $55.8M | 0.9% | Held |
| IR INGERSOLL-RAND INC | Industrials | 682.6K | $54.7M | 0.9% | Held |
| MSFT MICROSOFT CORP | Technology | 143.5K | $53.1M | 0.9% | +4.9% |
| QGEN QIAGEN N.V. | Healthcare | 1.3M | $51.2M | 0.8% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 212.4K | $44.2M | 0.7% | +1.2% |
| GOOGL ALPHABET INC-CL A | Technology | 132.4K | $38.1M | 0.6% | -2.3% |
| SUNB SUNBELT RENTALS HOLDINGS INC | Services media | 543.2K | $34.0M | 0.6% | New |
| ACN ACCENTURE PLC-CL A | Services media | 161.7K | $32.1M | 0.5% | Held |
| AVGO BROADCOM INC | Technology | 102.1K | $31.6M | 0.5% | +0.8% |
| GOOG ALPHABET INC-CL C | Technology | 101.4K | $29.1M | 0.5% | -5.1% |
| JPM JPMORGAN CHASE & CO | Financials | 70.0K | $20.6M | 0.3% | Held |
| WMT WALMART INC | Consumer discretionary | 140.5K | $17.5M | 0.3% | -3.3% |
| EL ESTEE LAUDER COMPANIES-CL A | Other | 202.6K | $14.5M | 0.2% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 57.8K | $14.1M | 0.2% | -12.1% |
| NFLX NETFLIX INC | Services media | 139.9K | $13.5M | 0.2% | +118.9% |
| ABBV ABBVIE INC | Healthcare | 60.9K | $13.2M | 0.2% | +2.5% |
| KO COCA-COLA CO/THE | Consumer staples | 167.8K | $12.8M | 0.2% | -0.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 87.4K | $12.6M | 0.2% | +4.2% |
| CSCO CISCO SYSTEMS INC | Technology | 161.8K | $12.6M | 0.2% | +0.8% |
| RTX RTX CORP | Industrials | 59.4K | $11.5M | 0.2% | -1.8% |
| GE GENERAL ELECTRIC | Industrials | 40.0K | $11.3M | 0.2% | Held |
| MRK MERCK & CO. INC. | Healthcare | 91.4K | $11.0M | 0.2% | +9.5% |
| NEE NEXTERA ENERGY INC | Utilities | 115.8K | $10.8M | 0.2% | -0.8% |
| LLY ELI LILLY & CO | Healthcare | 11.4K | $10.5M | 0.2% | +5.0% |
| PFE PFIZER INC | Healthcare | 361.5K | $10.2M | 0.2% | +2.8% |
| AMD ADVANCED MICRO DEVICES | Technology | 49.8K | $10.1M | 0.2% | +5.6% |
| MA MASTERCARD INC - A | Services media | 19.9K | $9.9M | 0.2% | Held |
| LRCX LAM RESEARCH CORP | Industrials | 46.2K | $9.9M | 0.2% | -17.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 39.0K | $9.5M | 0.2% | -0.4% |
| CAT CATERPILLAR INC | Industrials | 13.2K | $9.3M | 0.2% | +7.9% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 96.3K | $9.0M | 0.1% | +1.2% |
| HD HOME DEPOT INC | Consumer discretionary | 26.4K | $8.7M | 0.1% | Held |
| GILD GILEAD SCIENCES INC | Healthcare | 60.1K | $8.4M | 0.1% | -5.0% |
| CSX CSX CORP | Industrials | 201.7K | $8.3M | 0.1% | -4.9% |
| ORCL ORACLE CORP | Technology | 55.3K | $8.1M | 0.1% | +2.9% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 35.8K | $8.1M | 0.1% | -1.2% |
| CRM SALESFORCE INC | Technology | 43.3K | $8.1M | 0.1% | -3.0% |
| WFC WELLS FARGO & CO | Financials | 98.6K | $7.8M | 0.1% | +61.3% |
| INTC INTEL CORP | Technology | 176.2K | $7.8M | 0.1% | -5.1% |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 58.4K | $7.6M | 0.1% | -1.7% |
| PGR PROGRESSIVE CORP | Financials | 37.4K | $7.4M | 0.1% | Held |
| UBER UBER TECHNOLOGIES INC | Services media | 102.6K | $7.4M | 0.1% | +4.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 30, 2026 | 218 | $6.06B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 2, 2026 | 210 | $4.39B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 219 | $2.35B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 194 | $2.39B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 12, 2025 | 205 | $2.08B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 222 | $2.04B | canonical | SEC ↗ |
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