NA

Natixis

Diversified strategyMomentum followerHigh-turnover trader

Total reported value

$28.0B

Reporting period: 2026-03-31 · Number of holdings: 1092

NATIXIS disclosed 1092 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $28.0B and a quarterly turnover rate of 59.4%.

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Personality snowflake

Concentration
18.03
Portfolio Stability
59.37
Momentum/Contrarian
100
Sector conviction
68.93
Diversification
100
Sizing Uniformity
31.31

Recent moves

  • Trim VOO

    -26.1%　-$1.5B

  • Add NVDA

    +54.3%　$1.2B

  • Add MSFT

    +682.6%　$832.2M

  • Add AAPL

    +262.3%　$822.0M

  • Trim AVGO

    -35.0%　-$379.3M

  • Trim SPYM

    -18.9%　-$324.2M

Holdings Map

New buyAddUnchangedTrim

Institutional Game-State Analysis

Core Intent

NATIXIS systematically harvests passive index beta and redeployes into high-conviction mega-cap technology names this quarter. The fund pivots from broad S&P deployment to aggressive AI infrastructure and platform accumulation. Active rotation drives alpha while the core basket remains hyper-diversified.

Macro & Fundamentals

The embedded regime bet is a sustained AI capex cycle favoring semiconductor silicon and operating system platforms over cyclical catch-up trades. NAV/valuation compression in mega-caps will not derail earnings growth, triggering a capital rotation into active tech positions. Opposing thesis argues tech concentration has hit maximum capacity and broad market index entrants will force a positioning squeeze when value and industrials finally catch up.

Blind Spots / Risks

The 1,068-name basket structure dilutes high-conviction long ideas into irrelevance. Position sizing discipline at 31 restricts winners from defining fund performance, while the 43% IT allocation creates systemic correlation risk to a single semiconductor cycle. High turnover guarantees transaction drag erodes net returns even if directional calls remain intact.

The above is AI-generated from public regulatory filings and summarizes historical data only. It is not investment advice.

Top 10 holdings by weight

Full holdings list this quarter

Showing top 1068 holdings (of 1092 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1NVDANvidia CORPStock-Tech13.77%+4.26%+54.31%
2VOOVanguard S&p 500 ETFETF-Large Cap & Growth13.10%-5.35%-26.14%
3AAPLApple INCStock-Tech4.20%+2.94%+262.31%
4SPYMSte Str Spdr Pt S&p 500 ETFETF-Large Cap & Growth3.62%-1.13%-18.92%
5MSFTMicrosoft CORPStock-Tech3.60%+2.98%+682.58%
6SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth2.75%—+7.24%
7METAMeta Platforms Inc-class AStock-Comm Services2.70%-0.93%-14.91%
8JPMJpmorgan Chase & CoStock-Financials2.55%+0.70%+50.03%
9TSLATesla INCStock-Consumer Disc2.13%-0.17%+11.14%
10AVGOBroadcom INCStock-Tech1.89%-1.33%-35.03%
11MUMicron Technology INCStock-Tech1.72%+0.70%+42.17%
12GOOGLAlphabet Inc-cl AStock-Comm Services1.52%+1.05%+254.49%
13ETEnergy Transfer LPStock-Energy1.48%+0.28%+4.37%
14AMZNAmazon.com INCStock-Consumer Disc1.39%-0.73%-28.04%
15EBAYEbay INCStock-Consumer Disc1.24%+1.23%NEW
16QQQInvesco Qqq Trust Series 1ETF-Tech1.23%+0.21%+26.83%
17IWMIshares Russell 2000 ETFETF-Small Cap0.97%+0.26%+35.31%
18HONHoneywell International INCStock-Industrials0.95%+0.58%+124.86%
19PMPhilip Morris InternationalStock-Consumer Staples0.71%+0.29%+63.23%
20ORCLOracle CORPStock-Tech0.64%—+53.88%
21XLPSs Consumer Staples Sel SectETF-Other0.60%+0.30%+95.19%
22PSNYPolestar Automotive-cl A AdsStock-Other0.51%——
23COINCoinbase Global INC -class AStock-Financials0.48%-0.45%-34.38%
24MSTRStrategy INCStock-Tech0.47%—+87.07%
25EQIXEquinix INCStock-Real Estate0.46%-0.50%-63.02%
26XOMExxon Mobil CORPStock-Energy0.46%—-1.96%
27BMYBristol-myers Squibb CoStock-Healthcare0.45%—+33.81%
28XLFSs Financial Select SectorETF-Other0.45%+0.44%+95942.81%
29PGProcter & Gamble Co/theStock-Consumer Staples0.43%+0.22%+97.57%
30AMATApplied Materials INCStock-Tech0.42%—-17.44%
31CMCSAComcast Corp-class AStock-Comm Services0.41%—+35.57%
32PLTRPalantir Technologies Inc-aStock-Tech0.40%—+4.84%
33GDGeneral Dynamics CORPStock-Industrials0.38%—+73.60%
34MSMorgan StanleyStock-Financials0.36%+0.25%+239.61%
35XLYSs Consumer Disc Select SectETF-Other0.34%—+114.94%
36LLYEli Lilly & CoStock-Healthcare0.33%-0.45%-50.76%
37LMTLockheed Martin CORPStock-Industrials0.33%—+49.57%
38GOOGAlphabet Inc-cl CStock-Comm Services0.33%+0.28%+691.77%
39CRMSalesforce INCStock-Tech0.30%—+48.67%
40CSCOCisco Systems INCStock-Tech0.30%-0.46%-61.48%
41ABTAbbott LaboratoriesStock-Healthcare0.29%—+171.02%
42NVONovo-nordisk A/s-spons AdrStock-Healthcare0.27%—+137.23%
43WFCWells Fargo & CoStock-Financials0.26%—+111.90%
44CCitigroup INCStock-Financials0.26%—+137.43%
45CAHCardinal Health INCStock-Healthcare0.26%+0.21%+389.24%
46WMTWalmart INCStock-Consumer Staples0.23%—+16.39%
47INTCIntel CORPStock-Tech0.23%—-24.57%
48WELLWelltower INCStock-Real Estate0.23%—+34.07%
49BKNGBooking Holdings INCStock-Consumer Disc0.23%—-10.68%
50XBISs Spdr S&p Biotech ETFETF-Tech0.22%—-0.86%
1–50 of 1,068

Holding changes this quarter

Natixis's most significant position changes for 2026-03-31: New buy: Ebay INC (EBAY); Sold out: Intuit INC (INTU); Sold out: Williams Cos INC (WMB); New buy: Sofi Technologies INC (SOFI); New buy: Ss Comm Select Sector Spdr (XLC).

Position changes disclosed by Natixis for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1NVDANvidia CORP+4.3%+54.31%Add
2MSFTMicrosoft CORP+3%+682.58%Add
3AAPLApple INC+2.9%+262.31%Add
4GOOGLAlphabet Inc-cl A+1.1%+254.49%Add
5MUMicron Technology INC+0.7%+42.17%Add
6JPMJpmorgan Chase & Co+0.7%+50.03%Add
7HONHoneywell International INC+0.6%+124.86%Add
8XLFSs Financial Select Sector+0.4%+95942.81%Add
9XLPSs Consumer Staples Sel Sect+0.3%+95.19%Add
10PMPhilip Morris International+0.3%+63.23%Add
11GOOGAlphabet Inc-cl C+0.3%+691.77%Add
12ETEnergy Transfer LP+0.3%+4.37%Add
13IWMIshares Russell 2000 ETF+0.3%+35.31%Add
14MSMorgan Stanley+0.3%+239.61%Add
15PGProcter & Gamble Co/the+0.2%+97.57%Add
16NCLHNorwegian Cruise Line Holdings Ltd.+0.2%+16051.19%Add
17CAHCardinal Health INC+0.2%+389.24%Add
18QQQInvesco Qqq Trust Series 1+0.2%+26.83%Add
19CVNACarvana Co+0.2%+3951.30%Add
20XLVSs Health Care Select Sector+0.2%+704.02%Add
21TSLATesla INC-0.2%+11.14%Add
22ALBAlbemarle CORP-0.2%-97.63%Trim
23BABoeing Co/the-0.2%-53.61%Trim
24NOWServicenow INC-0.2%-66.90%Trim
25XHBSs Spdr S&p Homebldrs ETF-0.2%-58.54%Trim
26PLDPrologis INC-0.2%-61.43%Trim
27TXNTexas Instruments INC-0.2%-58.27%Trim
28MNSTMonster Beverage CORP-0.2%-92.89%Trim
29NSCNorfolk Southern CORP-0.2%-93.76%Trim
30COPConocophillips-0.3%-96.24%Trim
31GSGoldman Sachs Group INC-0.3%-76.18%Trim
32PFEPfizer INC-0.3%-66.03%Trim
33PYPLPaypal Holdings INC-0.3%-86.73%Trim
34MAMastercard INC - A-0.4%-81.86%Trim
35COINCoinbase Global INC -class A-0.5%-34.38%Trim
36LLYEli Lilly & Co-0.5%-50.76%Trim
37CSCOCisco Systems INC-0.5%-61.48%Trim
38FCXFreeport-mcmoran INC-0.5%-97.78%Trim
39EQIXEquinix INC-0.5%-63.02%Trim
40AMZNAmazon.com INC-0.7%-28.04%Trim
41METAMeta Platforms Inc-class A-0.9%-14.91%Trim
42SPYMSte Str Spdr Pt S&p 500 ETF-1.1%-18.92%Trim
43AVGOBroadcom INC-1.3%-35.03%Trim
44VOOVanguard S&p 500 ETF-5.4%-26.14%Trim
45EBAYEbay INC—NEWNew buy
46INTUIntuit INC—EXITSold out
47WMBWilliams Cos INC—EXITSold out
48SOFISofi Technologies INC—NEWNew buy
49XLCSs Comm Select Sector Spdr—NEWNew buy
50CPTCamden Property Trust—EXITSold out

FAQ

What is Natixis and what type of investor is it?
Natixis is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $28.0B, spread across 1092 disclosed positions.
What are Natixis's largest equity positions?
Based on the latest 13F filing, Natixis's top holdings by market value are: 1. Nvidia CORP (NVDA) — $3.8B (13.8%) 2. Vanguard S&p 500 ETF (VOO) — $3.6B (13.1%) 3. Apple INC (AAPL) — $1.2B (4.2%) 4. Ste Str Spdr Pt S&p 500 ETF (SPYM) — $1.0B (3.6%) 5. Microsoft CORP (MSFT) — $998.9M (3.6%)
What changes did Natixis make in its most recent portfolio filing?
In the latest reported quarter, Natixis made 50 notable position adjustments: 3 new positions were initiated, 21 existing holdings were added to, 23 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Ebay INC (EBAY); Sold out: Intuit INC (INTU); Sold out: Williams Cos INC (WMB); New buy: Sofi Technologies INC (SOFI); New buy: Ss Comm Select Sector Spdr (XLC)
What sectors does Natixis focus on?
Natixis is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 43.1% • Consumer Discretionary: 11.1% • Financials: 10.7% • Communication Services: 8.2% • Health Care: 7.1% • Industrials: 6.7%

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WC

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