CREDIT INDUSTRIEL ET COMMERCIAL
Long book
$571.8M
Q1 2026
Positions
213
Top-10 weight
29%
concentration
Last quarter
+10.0%
SPY +14.8%
Turnover
50%
of book per quarter
Strategy in plain words
auto-generated from filingsCREDIT INDUSTRIEL ET COMMERCIAL is an institutional manager, running a $571.8M US long book across 213 positions.
The portfolio is moderately concentrated (top 10 ≈ 29% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ALPHABET INC-CL C, CARNIVAL PLC-ADR, ARCELLX INC, HOLOGIC INC, FOX CORP - CLASS B.
Over the last 6 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 3 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
-3.5%
Q1 2025
+8.4%
Q2 2025
+8.2%
Q3 2025
+8.4%
Q4 2025
-5.4%
Q1 2026
+10.0%
Sector allocation
Other 31%
Technology 19%
Financials 10%
Communications 9%
Healthcare 7%
Industrials 6%
Utilities 6%
Services media 5%
Long book by quarter
What does CREDIT INDUSTRIEL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOG ALPHABET INC-CL C | Technology | 184.7K | $53.0M | 9.3% | +217.9% |
| ACLXGBX ARCELLX INC | — | 134.6K | $15.5M | 2.7% | New |
| HO1 HOLOGIC INC | — | 204.3K | $15.4M | 2.7% | +38.7% |
| FOX FOX CORP - CLASS B | Communications | 245.2K | $13.0M | 2.3% | -5.6% |
| VICI Vici properties inc | Real estate | 148.9K | $11.9M | 2.1% | +97.3% |
| AL AIR LEASE CORP | — | 182.3K | $11.8M | 2.1% | +748.1% |
| AM6 AMICUS THERAPEUTICS INC | — | 771.9K | $11.2M | 2.0% | +221.6% |
| KVUE KENVUE INC | Other | 543.3K | $9.4M | 1.6% | +343.5% |
| EA ELECTRONIC ARTS INC | Technology | 45.8K | $9.3M | 1.6% | +284.7% |
| BIPC BROOKFIELD INFRASTRUCTURE-A | Utilities | 233.7K | $9.2M | 1.6% | New |
| UAA UNDER ARMOUR INC-CLASS A | Other | 1.5M | $9.1M | 1.6% | New |
| TXNM TXNM ENERGY INC | Utilities | 154.7K | $9.0M | 1.6% | +23.5% |
| K4F ONESTREAM INC | — | 365.5K | $8.8M | 1.5% | New |
| GTLS CHART INDUSTRIES INC | Industrials | 42.3K | $8.8M | 1.5% | +298.6% |
| WBD WARNER BROS DISCOVERY INC | Communications | 317.3K | $8.7M | 1.5% | +51.1% |
| PEN PENUMBRA INC | Healthcare | 25.8K | $8.5M | 1.5% | New |
| BHF BRIGHTHOUSE FINANCIAL INC | Financials | 137.3K | $8.2M | 1.4% | -11.5% |
| WBS WEBSTER FINANCIAL CORP | Financials | 105.2K | $7.3M | 1.3% | New |
| PRA PROASSURANCE CORP | Financials | 294.9K | $7.3M | 1.3% | -15.0% |
| LBTYK LIBERTY GLOBAL LTD-C | Communications | 574.9K | $6.7M | 1.2% | Held |
| HEI/A HEICO CORP-CLASS A | Industrials | 30.5K | $6.4M | 1.1% | +83.3% |
| AAUC ALLIED GOLD CORP | — | 207.2K | $6.4M | 1.1% | New |
| TECK TECK RESOURCES LTD-CLS B | Materials | 105.2K | $5.4M | 1.0% | New |
| AAPL APPLE INC | Technology | 21.1K | $5.3M | 0.9% | +49.9% |
| SDA SEALED AIR CORP | Services media | 117.6K | $4.9M | 0.9% | +572.0% |
| NWSA NEWS CORP - CLASS A | Other | 195.3K | $4.9M | 0.9% | +101.1% |
| 430 TERNS PHARMACEUTICALS INC | — | 90.2K | $4.8M | 0.8% | New |
| UHAL/B U-HAUL HOLDING CO-NON VOTING | Services media | 104.7K | $4.7M | 0.8% | +57.8% |
| NATH NATHAN'S FAMOUS INC | Consumer discretionary | 42.8K | $4.3M | 0.8% | New |
| QRVO QORVO INC | Technology | 54.8K | $4.2M | 0.7% | -11.3% |
| MASI* MASIMO CORP | — | 23.1K | $4.1M | 0.7% | New |
| GDOT GREEN DOT CORP-CLASS A | Financials | 345.0K | $3.9M | 0.7% | +245.0% |
| SWKHL SWK HOLDINGS CORP | Financials | 225.0K | $3.8M | 0.7% | +80.0% |
| IHS IHS HOLDING LTD | Communications | 455.3K | $3.7M | 0.7% | New |
| NVRI ENVIRI CORP | Utilities | 180.0K | $3.5M | 0.6% | +38.5% |
| FFWM FIRST FOUNDATION INC | — | 580.5K | $3.4M | 0.6% | +20.9% |
| LBRDA LIBERTY BROADBAND-A | Communications | 66.4K | $3.3M | 0.6% | Held |
| ALC ALCON INC | Healthcare | 43.6K | $3.2M | 0.6% | -29.7% |
| ABT ABBOTT LABORATORIES | Healthcare | 30.8K | $3.2M | 0.6% | +67.7% |
| DAWNGBX DAY ONE BIOPHARMACEUTICALS I | — | 135.4K | $2.9M | 0.5% | New |
| UBS UBS GROUP AG-REG | Financials | 74.1K | $2.8M | 0.5% | +365.1% |
| SEM SELECT MEDICAL HOLDINGS CORP | Healthcare | 167.5K | $2.7M | 0.5% | New |
| MET METLIFE INC | Financials | 35.8K | $2.5M | 0.4% | +76.7% |
| RACE FERRARI NV | Industrials | 7.6K | $2.5M | 0.4% | +118.8% |
| BMRN BIOMARIN PHARMACEUTICAL INC | Healthcare | 40.0K | $2.3M | 0.4% | Held |
| EWCZ EUROPEAN WAX CENTER INC-A | — | 390.8K | $2.3M | 0.4% | New |
| TALK TALKSPACE INC | Healthcare | 435.2K | $2.3M | 0.4% | New |
| EHABUSD ENHABIT INC | — | 158.7K | $2.2M | 0.4% | New |
| BIRK BIRKENSTOCK HOLDING PLC | Other | 57.0K | $2.0M | 0.4% | +87.6% |
| CCO CLEAR CHANNEL OUTDOOR HOLDIN | Services media | 848.0K | $2.0M | 0.4% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 349 | $1.28B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 356 | $1.30B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 351 | $1.19B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ARESTATEMENT | Aug 7, 2025 | 376 | $1.17B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 28, 2025 | 376 | $1.17B | SEC ↗ | |
| Q1 2025 | 13F-HR | May 15, 2025 | 339 | $942.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ARESTATEMENT | Feb 24, 2025 | 299 | $758.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 299 | $725.8M | SEC ↗ |
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