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.

Limited to 30 biggest holdings

$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