Richelieu Gestion S.A. 13F annual report
Richelieu Gestion S.A. is an investment fund managing more than $97.3 million ran by Lorenzo Gazzoletti. There are currently 63 companies in Mr. Gazzoletti’s portfolio. The largest investments include Microsoft and Amazon.com, together worth $10.8 million.
$97.3 million Assets Under Management (AUM)
As of 8th April 2024, Richelieu Gestion S.A.’s top holding is 13,528 shares of Microsoft currently worth over $5.69 million and making up 5.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Richelieu Gestion S.A. owns more than approximately 0.1% of the company.
In addition, the fund holds 28,293 shares of Amazon.com worth $5.1 million, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Walt Disney Co/the worth $5.09 million and the next is General Motors worth $5.03 million, with 110,981 shares owned.
Currently, Richelieu Gestion S.A.'s portfolio is worth at least $97.3 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Richelieu Gestion S.A.
The Richelieu Gestion S.A. office and employees reside in Paris, France. According to the last 13-F report filed with the SEC, Lorenzo Gazzoletti serves as the Chief Executive Officer at Richelieu Gestion S.A..
Recent trades
In the most recent 13F filing, Richelieu Gestion S.A. revealed that it had opened a new position in
Marathon Oil and bought 7,800 shares worth $221 thousand.
This means they effectively own approximately 0.1% of the company.
Marathon Oil makes up
6.5%
of the fund's Energy sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
475 additional shares.
This makes their stake in Microsoft total 13,528 shares worth $5.69 million.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Richelieu Gestion S.A. is getting rid of from its portfolio.
Richelieu Gestion S.A. closed its position in Comerica on 15th April 2024.
It sold the previously owned 49,789 shares for $2.78 million.
Lorenzo Gazzoletti also disclosed a decreased stake in Amazon.com by 0.1%.
This leaves the value of the investment at $5.1 million and 28,293 shares.
One of the smallest hedge funds
The two most similar investment funds to Richelieu Gestion S.A. are Delphi Management Inc MA/ and Stilwell Joseph. They manage $97.6 million and $97.6 million respectively.
Lorenzo Gazzoletti investment strategy
Richelieu Gestion S.A.’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 28.1% of
the total portfolio value.
The fund focuses on investments in the United States as
69.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
68% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $202 billion.
The complete list of Richelieu Gestion S.A. trades based on 13F SEC filings
These positions were updated on April 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
3.64%
13,528
|
$5,691,000 | 5.85% |
| Amazon.com Inc. |
12.90%
28,293
|
$5,103,000 | 5.24% |
| Walt Disney Co/the |
14.09%
41,601
|
$5,090,000 | 5.23% |
| General Motors Company |
40.33%
110,981
|
$5,033,000 | 5.17% |
| Alphabet Inc |
23.87%
30,910
|
$4,665,000 | 4.79% |
| Apple Inc |
111.94%
19,121
|
$3,279,000 | 3.37% |
| NextEra Energy Inc |
3.25%
45,662
|
$2,918,000 | 3.00% |
| Comerica, Inc. |
Closed
49,789
|
$2,779,000 | |
| Mobileye Global Inc-a |
11.70%
83,636
|
$2,689,000 | 2.76% |
| Albemarle Corp. |
No change
19,325
|
$2,546,000 | 2.62% |
| Parker-Hannifin Corp. |
25.38%
4,408
|
$2,450,000 | 2.52% |
| Walmart Inc |
131.76%
40,686
|
$2,448,000 | 2.52% |
| Sysco Corp. |
14.98%
30,042
|
$2,439,000 | 2.51% |
| Adobe Inc |
3.73%
4,816
|
$2,430,000 | 2.50% |
| Emerson Electric Co. |
31.67%
21,195
|
$2,404,000 | 2.47% |
| Canadian Natural Resources Ltd. |
7.96%
31,401
|
$2,397,000 | 2.46% |
| Ingredion Inc |
Closed
21,858
|
$2,372,000 | |
| Air Products Chemicals Inc |
No change
9,729
|
$2,357,000 | 2.42% |
| Att Inc |
16.79%
131,946
|
$2,322,000 | 2.39% |
| Chemours Co/the |
2.46%
87,819
|
$2,306,000 | 2.37% |
| Nike, Inc. |
27.78%
24,448
|
$2,298,000 | 2.36% |
| Uber Technologies Inc |
28.72%
29,824
|
$2,296,000 | 2.36% |
| Citizens Financial Group Inc |
Closed
68,323
|
$2,264,000 | |
| Micron Technology Inc. |
64.17%
19,100
|
$2,252,000 | 2.31% |
| Jacobs Solutions Inc |
21.55%
14,215
|
$2,185,000 | 2.25% |
| Caterpillar Inc. |
36.95%
5,958
|
$2,183,000 | 2.24% |
| Qualcomm, Inc. |
31.07%
12,791
|
$2,166,000 | 2.23% |
| Target Corp |
30.21%
12,144
|
$2,152,000 | 2.21% |
| Procore Technologies, Inc. |
1.59%
26,001
|
$2,137,000 | 2.20% |
| Stanley Black Decker Inc |
No change
21,790
|
$2,134,000 | 2.19% |
| Walgreens Boots Alliance Inc |
No change
90,904
|
$1,972,000 | 2.03% |
| Texas Instruments Inc. |
28.87%
10,936
|
$1,905,000 | 1.96% |
| United Rentals, Inc. |
47.48%
2,218
|
$1,599,000 | 1.64% |
| Accenture plc |
6,519.70%
4,369
|
$1,514,000 | 1.56% |
| Nouveau Monde Graphite Inc |
31.30%
626,496
|
$1,435,000 | 1.47% |
| Mcdonald's Corp |
13.15%
4,881
|
$1,376,000 | 1.41% |
| Lion Electric Co/the |
47.71%
807,323
|
$1,146,000 | 1.18% |
| Shopify Inc |
Closed
12,252
|
$954,000 | |
| Meta Platforms Inc |
32.86%
1,855
|
$901,000 | 0.93% |
| Medtronic Plc |
55.67%
9,968
|
$869,000 | 0.89% |
| Eli Lilly Co |
59.62%
929
|
$723,000 | 0.74% |
| Visa Inc-class A Shares |
68.00%
1,979
|
$552,000 | 0.57% |
| NVIDIA Corp |
39.92%
462
|
$417,000 | 0.43% |
| Taiwan Semiconductor-sp Adr |
18.24%
2,792
|
$380,000 | 0.39% |
| Avery Dennison Corp. |
35.99%
1,553
|
$347,000 | 0.36% |
| AGCO Corp. |
No change
2,324
|
$286,000 | 0.29% |
| Sunrun Inc |
Closed
13,585
|
$267,000 | |
| Hexcel Corp. |
No change
3,599
|
$262,000 | 0.27% |
| Zscaler Inc |
No change
1,252
|
$241,000 | 0.25% |
| Schlumberger Ltd. |
45.79%
4,361
|
$239,000 | 0.25% |
| Sony Group Corp - Sp Adr |
26.82%
2,726
|
$234,000 | 0.24% |
| Marathon Oil Corporation |
Opened
7,800
|
$221,000 | 0.23% |
| Chart Industries Inc |
No change
1,245
|
$205,000 | 0.21% |
| ServiceNow Inc |
2,500.00%
260
|
$198,000 | 0.20% |
| Salesforce Inc |
8.33%
650
|
$196,000 | 0.20% |
| Occidental Petroleum Corp. |
No change
3,000
|
$195,000 | 0.20% |
| Integral Ad Science Holding |
34.99%
19,501
|
$194,000 | 0.20% |
| Digital Realty Trust, Inc. |
Closed
1,400
|
$188,000 | |
| Boston Scientific Corp. |
Opened
2,700
|
$185,000 | 0.19% |
| Biogen Inc |
No change
858
|
$185,000 | 0.19% |
| Pioneer Natural Resources Co. |
Opened
700
|
$184,000 | 0.19% |
| Loop Industries Inc |
Closed
45,722
|
$173,000 | |
| Equinix Inc |
700.00%
200
|
$165,000 | 0.17% |
| DoubleVerify Holdings, Inc. |
Opened
4,370
|
$154,000 | 0.16% |
| Chevron Corp. |
Opened
900
|
$142,000 | 0.15% |
| PayPal Holdings Inc |
Opened
2,000
|
$134,000 | 0.14% |
| Affirm Holdings, Inc. |
Closed
2,712
|
$133,000 | |
| Wesco International, Inc. |
Closed
700
|
$122,000 | |
| HP Inc |
No change
4,000
|
$121,000 | 0.12% |
| 3D Systems Corp. |
Closed
18,005
|
$114,000 | |
| Linde Plc. |
50.31%
80
|
$37,000 | 0.04% |
| Trane Technologies plc |
Closed
137
|
$33,000 | |
| Unitedhealth Group Inc |
Closed
49
|
$26,000 | |
| Costco Wholesale Corp |
Closed
38
|
$25,000 | |
| Xylem Inc |
Closed
195
|
$22,000 | |
| Metlife Inc |
Closed
298
|
$20,000 | |
| Merck Co. Inc. |
Closed
188
|
$20,000 | |
| EBay Inc. |
Closed
409
|
$18,000 | |
| Ecolab, Inc. |
Closed
85
|
$17,000 | |
| Procter Gamble Co/the |
Closed
87
|
$13,000 | |
| Cisco Systems, Inc. |
No change
200
|
$10,000 | 0.01% |
| Intl Business Machines Corp |
No change
50
|
$10,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 82 holdings | |||
Hedge funds similar to Richelieu Gestion S.A.
- Billings Capital Management
- Thinkbetter
- Arthedge Capital Management
- Wilen Investment Management Corp
- Lesa Sroufe & Co
- Stilwell Joseph
- Delphi Management Inc MA/
- Maxim Capital Management
- Baker Hughes
- Meridian Partners
- University Of Maryland Foundation
- Madden Securities Corp
- Data Collective Ii Gp
- M28 Capital Management L.P.