1y return+11.3%S&P 500 +20.9%
3y return+51.2%S&P 500 +68.5%
5y return+57.4%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2019: $247 against $232 in the S&P 500.2
Mirova US LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $862.3M | 9.3% | −14.8% |
| TSMTaiwan Semiconductor Manufac | $543.1M | 5.8% | −11.3% |
| MAMastercard Incorporated | $474.9M | 5.1% | −3.5% |
| MSFTMicrosoft Corp | $449.9M | 4.8% | −22.5% |
| PANWPalo Alto Networks Inc | $445.1M | 4.8% | −18.6% |
| LLYEli Lilly & Co | $424.6M | 4.6% | −3.9% |
| EBAYEbay Inc. | $358.3M | 3.9% | −6.6% |
| AVGOBroadcom Inc | $347.3M | 3.7% | −17.4% |
| VRTVertiv Holdings Co | $330.9M | 3.6% | −3.4% |
| NEENextera Energy Inc | $312.1M | 3.4% | −1.9% |
| ECLEcolab Inc | $310.4M | 3.3% | −4.8% |
| SHOPShopify Inc | $296.9M | 3.2% | −2.7% |
| TMOThermo Fisher Scientific Inc | $296.4M | 3.2% | −3.9% |
| HUBBHubbell Inc | $293.9M | 3.2% | −2.4% |
| WMWaste Mgmt Inc Del | $292.6M | 3.1% | −3.6% |
| TJXTjx Cos Inc New | $288.1M | 3.1% | −21.0% |
| EWEdwards Lifesciences Corp | $229.8M | 2.5% | −3.3% |
| CPCanadian Pacific Kansas City | $224.1M | 2.4% | +33.0% |
| XYLXylem Inc | $201.8M | 2.2% | −5.5% |
| LOWLowes Cos Inc | $200.2M | 2.2% | −3.6% |
| ISRGIntuitive Surgical Inc | $195.8M | 2.1% | −3.9% |
| DHRDanaher Corp Del | $190.5M | 2.0% | −4.9% |
| AGCOAgco Corp | $182.9M | 2.0% | −3.7% |
| WTSWatts Water Technologies Inc | $161.3M | 1.7% | −5.9% |
| FSLRFirst Solar Inc | $154.7M | 1.7% | −6.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $862.3M |
| TSMTaiwan Semiconductor Manufac | June 30, 2020 | +741.2% | $543.1M |
| LLYEli Lilly & Co | March 31, 2021 | +542.0% | $424.6M |
| WTSWatts Water Technologies Inc | June 30, 2020 | +383.3% | $161.3M |
| FSLRFirst Solar Inc | September 30, 2021 | +147.2% | $154.7M |
| PANWPalo Alto Networks Inc | December 31, 2023 | +131.3% | $445.1M |
| EBAYEbay Inc. | June 30, 2020 | +113.1% | $358.3M |
| ISRGIntuitive Surgical Inc | June 30, 2020 | +109.4% | $195.8M |
| VRTVertiv Holdings Co | December 31, 2025 | +106.7% | $330.9M |
| MSFTMicrosoft Corp | June 30, 2020 | +83.3% | $449.9M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +10.5% | +14.8% |
| March 31, 2026 | −7.6% | −4.6% |
| December 31, 2025 | +3.1% | +2.4% |
| September 30, 2025 | +5.8% | +7.8% |
| June 30, 2025 | +9.2% | +10.5% |
| March 31, 2025 | −2.4% | −4.6% |
| December 31, 2024 | −3.5% | +2.1% |
| September 30, 2024 | +5.1% | +5.4% |
| June 30, 2024 | +4.6% | +4.0% |
| March 31, 2024 | +14.6% | +10.0% |
| December 31, 2023 | +9.9% | +11.2% |
| September 30, 2023 | −4.6% | −3.6% |
| June 30, 2023 | +10.4% | +8.3% |
| March 31, 2023 | +10.6% | +7.0% |
| December 31, 2022 | +10.6% | +7.1% |
| September 30, 2022 | −8.4% | −5.3% |
| June 30, 2022 | −17.0% | −16.5% |
| March 31, 2022 | −10.8% | −4.9% |
| December 31, 2021 | +10.5% | +10.7% |
| September 30, 2021 | +2.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Mirova US LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1802900&type=13F-HR&dateb=&owner=include&count=40CIK 1802900
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1802900/000117266126003465/Filed August 14, 2026 · accession 0001172661-26-003465