Groupe des Assurances du Credit Mutuel
Long book
$202.4M
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
-0.4%
SPY +14.8%
Turnover
33%
of book per quarter
Strategy in plain words
auto-generated from filingsGroupe des Assurances du Credit Mutuel is a diversified fundamental manager, specialised in industrials (82% of the long book), running a $202.4M US long book across 5 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: STELLANTIS NV, FERRARI NV, MICROSOFT CORP, CRH PLC, DEUTSCHE BANK AG-REGISTERED.
Over the last 6 quarters its long book ran on average 7.1pp per quarter behind the S&P 500, beating the index in 1 of 6 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-7.9%
Q1 2025
+5.4%
Q2 2025
+1.6%
Q3 2025
+5.4%
Q4 2025
-18.9%
Q1 2026
-0.4%
Sector allocation
Industrials 79%
Technology 17%
Other 4%
Long book by quarter
What does Groupe des own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 30, 2026 | 5 | $202.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 5 | $294.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 5 | $308.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 5 | $353.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 5 | $348.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 5 | $379.4M | canonical | SEC ↗ |