Holdings of Carmignac Portfolio Merger Arbitrage Plus
Carmignac Gestion Luxembourg S.A. · 58 declared positions · as of Dec 31, 2025
Fund report · Net assets 236M € · Ten largest lines: 35.2 % of net assets
Country breakdown
- United States of America 57.2 %
- Japan 8.2 %
- Canada 5.7 %
- United Kingdom 4.8 %
- France 4.6 %
- Netherlands 4.3 %
- Australia 3.8 %
- Hong Kong 3.7 %
- Italy 2.4 %
- Belgium 2.1 %
- Norway 1.4 %
- Others 1.6 %
Countries from the fund report. Weights in % of net assets.
Currency breakdown
- USD 64.6 %
- EUR 13.5 %
- JPY 8.2 %
- AUD 3.8 %
- CAD 3.4 %
- HKD 3.2 %
- NOK 2.0 %
- SEK 1.3 %
The quoted currency of each line, as declared.
Positions
| Rank | Company | Currency | Shares | Value | Weight |
|---|---|---|---|---|---|
| 1 | SG ZCP 08-01-26 France | EUR | 10,000,000 | 10M € | 4.24 % |
| 2 | CHART INDUSTRIES INC United States of America | USD | 55,842 | 9.8M € | 4.15 % |
| 3 | JDE PEET'S NV Netherlands | EUR | 296,026 | 9.4M € | 4.00 % |
| 4 | FRONTIER COMMUNICATIONS PARE United States of America | USD | 290,833 | 9.4M € | 3.99 % |
| 5 | CANTALOUPE INC United States of America | USD | 977,158 | 8.8M € | 3.74 % |
| 6 | COMERICA INC United States of America | USD | 107,873 | 8M € | 3.38 % |
| 7 | EXACT SCIENCES CORP United States of America | USD | 81,354 | 7M € | 2.98 % |
| 8 | HANG SENG BANK LTD Hong Kong | HKD | 413,200 | 6.9M € | 2.94 % |
| 9 | AIR LEASE CORP United States of America | USD | 125,849 | 6.9M € | 2.92 % |
| 10 | DENNY'S CORP United States of America | USD | 1,285,703 | 6.8M € | 2.89 % |
| 11 | SCSK CORP Japan | JPY | 220,500 | 6.8M € | 2.87 % |
| 12 | CSG SYSTEMS INTL INC United States of America | USD | 103,097 | 6.7M € | 2.85 % |
| 13 | CLEARWATER ANALYTICS HDS-A United States of America | USD | 288,126 | 5.9M € | 2.51 % |
| 14 | MEMBERSHIP COLLECTIVE GROUP IN United Kingdom | USD | 741,722 | 5.7M € | 2.40 % |
| 15 | AMERICAN WOODMARK CORP United States of America | USD | 115,255 | 5.3M € | 2.24 % |
| 16 | ELECTRONIC ARTS INC United States of America | USD | 28,740 | 5M € | 2.12 % |
| 17 | RPMGLOBAL HOLDINGS LTD Australia | AUD | 1,703,176 | 4.8M € | 2.03 % |
| 18 | TOYOTA INDUSTRIES CORP Japan | JPY | 49,400 | 4.8M € | 2.02 % |
| 19 | ECN CAPITAL CORP WHEN ISSUED Canada | CAD | 2,502,546 | 4.7M € | 2.00 % |
| 20 | DAYFORCE INC United States of America | USD | 79,728 | 4.7M € | 1.99 % |
| 21 | COFINIMMO Belgium | EUR | 58,899 | 4.7M € | 1.98 % |
| 22 | WARNER BROS DISCOVERY INC United States of America | USD | 185,955 | 4.6M € | 1.93 % |
| 23 | KROSAKI HARIMA CORP Japan | JPY | 198,900 | 4.5M € | 1.90 % |
| 24 | PROASSURANCE CORP United States of America | USD | 217,263 | 4.5M € | 1.89 % |
| 25 | IVECO GROUP NV Italy | EUR | 203,184 | 3.8M € | 1.62 % |
| 26 | HOLOGIC INC United States of America | USD | 56,387 | 3.6M € | 1.52 % |
| 27 | AVIDITY BIOSCIENCES INC United States of America | USD | 57,938 | 3.6M € | 1.51 % |
| 28 | CIDARA THERAPEUTICS INC United States of America | USD | 18,896 | 3.6M € | 1.51 % |
| 29 | JANUS HENDERSON GROUP PLC United Kingdom | USD | 87,299 | 3.5M € | 1.50 % |
| 30 | CONFLUENT INC-CLASS A United States of America | USD | 136,922 | 3.5M € | 1.49 % |
| 31 | IOOF HOLDINGS Australia | AUD | 1,342,202 | 3.5M € | 1.47 % |
| 32 | OLAV THON EIENDOMSSELSKAP AS Norway | NOK | 111,198 | 3.1M € | 1.33 % |
| 33 | NEW GOLD INC Canada | USD | 379,537 | 2.8M € | 1.19 % |
| 34 | BREDBAND2 I SKANDINAVIEN AB Sweden | SEK | 9,447,186 | 2.8M € | 1.19 % |
| 35 | CADENCE BANK --- REGISTERED SHS United States of America | USD | 70,869 | 2.6M € | 1.10 % |
| 36 | DENTALCORP HOLDINGS LTD Canada | CAD | 348,063 | 2.4M € | 1.00 % |
| 37 | AMICUS THERAPEUTICS INC United States of America | USD | 194,887 | 2.4M € | 1.00 % |
| 38 | TXNM ENERGY INC United States of America | USD | 47,000 | 2.4M € | 1.00 % |
| 39 | HILLENBRAND INC WHEN ISSUED United States of America | USD | 86,224 | 2.3M € | 0.99 % |
| 40 | KENVUE INC United States of America | USD | 157,574 | 2.3M € | 0.98 % |
| 41 | CITY OFFICE REIT INC Canada | USD | 375,233 | 2.2M € | 0.95 % |
| 42 | TEGNA INC United States of America | USD | 123,716 | 2M € | 0.87 % |
| 43 | MAKINO MILLING MACHINE CO Japan | JPY | 27,300 | 1.6M € | 0.69 % |
| 44 | DYNAVAX TECHNOLOGIES CORP United States of America | USD | 111,974 | 1.5M € | 0.62 % |
| 45 | TINEXTA SPA Italy | EUR | 89,858 | 1.3M € | 0.57 % |
| 46 | SUBSEA 7 SA United Kingdom | NOK | 74,326 | 1.3M € | 0.54 % |
| 47 | MANDARIN ORIENTAL INTL LTD Hong Kong | USD | 424,800 | 1.2M € | 0.51 % |
| 48 | SAPIENS INTERNATIONAL CORP Israel | USD | 20,027 | 741.8K € | 0.31 % |
| 49 | INTERNATIONAL MONEY EXPRESS United States of America | USD | 45,802 | 599K € | 0.25 % |
| 50 | LAURENTIAN BANK OF CANADA Canada | CAD | 10,340 | 258.8K € | 0.11 % |
| 51 | SYCAMORE PARTNERS LLC RTS United States of America | USD | 414,681 | 187.1K € | 0.08 % |
| 52 | WIDEOPENWEST INC United States of America | USD | 40,038 | 177.3K € | 0.08 % |
| 53 | HOGY MEDICAL CO LTD Japan | JPY | 1,700 | 61.7K € | 0.03 % |
| 54 | BLUEPRINT MEDICINES CVR France | USD | 76,569 | 0 € | 0.00 % |
| 55 | SANOFI RTS 31-12-49 France | USD | 241,755 | 0 € | 0.00 % |
| 56 | NEIGHBOURLY PHARMACY CVR 31.12.49 RIGHT Canada | CAD | 87,447 | 0 € | 0.00 % |
| 57 | BRISTOL MYERS RTS United States of America | USD | 19,526 | 0 € | 0.00 % |
| 58 | NOVARTIS AG U RTS United States of America | USD | 28,556 | 0 € | 0.00 % |
Source: report published by Carmignac Portfolio Merger Arbitrage Plus.