Boussard & Gavaudan Investment Management LLP
CIK 1614986 · View on SEC EDGAR ↗
- Portfolio value
- $1.1B
- Positions
- 89
- As of
- March 31, 2026 Data as of Q1 2026
#2,360 of 9,443 by 13F value · top 25.0%
Portfolio value QoQ: -20.0% 13F does not disclose cash
- Top 10 holdings weight
- 57.58%
- Top 25 holdings weight
- 85.26%
- Positions above 1%
- 23
- Effective number of positions
- 17.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q1 2026: 37.04% Est. buys $441,000,352 · sells $713,280,564
Median holding: 1.5 quarters Tracked Q4 2024–Q1 2026 · 37.4% still held
- New positions
- 34
- Increased
- 17
- Decreased
- 16
- Closed
- 28
Put-notional exposure: 0.0% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Communication Services
12.1%
Industrials
4.5%
Financials
2.9%
N/A
1.4%
Technology
1.2%
Healthcare
1.2%
Materials
1.0%
Diversified Consumer Services
0.6%
Consumer products
0.4%
Consumer Staples
0.3%
Consumer Discretionary
0.2%
Other/Unmapped
74.0%
Full portfolio 89 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| Unknown issuer (CUSIP: 958102AT2) | $186,098,654 | 17.59% | 27,450 | $47,691,189 | Down ×1 | ||
| WBD Warner Bros. Discovery, Inc. - Series A Common Stock | $62,549,419 | 5.91% | 2,299,611 | $41,529,574 | Up ×1 | ||
| Unknown issuer (CUSIP: 007973AE0) | $56,801,366 | 5.37% | 24,962 | $18,671,591 | Up ×2 | ||
| EA Electronic Arts Inc. - Common Stock | $52,509,093 | 4.96% | 258,844 | $27,673,621 | Up ×1 | ||
| Unknown issuer (CUSIP: 29446YAC0) | $50,174,733 | 4.74% | 21,225 | $27,920,827 | Up ×1 | ||
| Unknown issuer (CUSIP: 10806XAB8) | $46,242,070 | 4.37% | 26,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 02043QAB3) | $40,811,537 | 3.86% | 32,000 | $9,887,080 | Up ×2 | ||
| NSC Norfolk Southern Corporation Common Stock | $38,517,962 | 3.64% | 135,885 | $8,529,582 | Up ×2 | ||
| Unknown issuer (CUSIP: 40131MAD1) | $38,262,515 | 3.62% | 23,200 | Up ×1 | |||
| Unknown issuer (CUSIP: 81180WBL4) | $37,392,456 | 3.53% | 8,322 | $-178,457,278 | Down ×1 | ||
| Unknown issuer (CUSIP: 163086AE1) | $33,646,274 | 3.18% | 22,976 | $-628,129 | Up ×1 | ||
| Unknown issuer (CUSIP: 671044AF2) | $32,149,134 | 3.04% | 20,900 | $17,295,143 | Up ×1 | ||
| WTM White Mountains Insurance Group, Ltd. Common Stock | $30,968,600 | 2.93% | 13,975 | Up ×1 | |||
| Unknown issuer (CUSIP: 387328AF4) | $24,535,802 | 2.32% | 15,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 833445AD1) | $20,017,826 | 1.89% | 16,500 | $-27,592,395 | Down ×1 | ||
| Unknown issuer (CUSIP: 501812AD3) | $18,902,712 | 1.79% | 15,750 | Up ×1 | |||
| Unknown issuer (CUSIP: 04351PAD3) | $18,834,996 | 1.78% | 12,900 | $6,880,456 | Up ×1 | ||
| Unknown issuer (CUSIP: 682189AS4) | $17,254,924 | 1.63% | 13,800 | $6,163,212 | Up ×1 | ||
| Unknown issuer (CUSIP: 538034BA6) | $16,629,255 | 1.57% | 11,000 | $-1,882,305 | Down ×3 | ||
| Unknown issuer (CUSIP: 00182CAC7) | $16,462,526 | 1.56% | 13,350 | $-7,117,864 | Down ×1 | ||
| Unknown issuer (CUSIP: 78462F903) | $16,259,621 | 1.54% | 1,125 | Call option | Up ×1 | ||
| Unknown issuer (CUSIP: 737446AT1) | $16,052,542 | 1.52% | 14,827 | $11,364,450 | Up ×1 | ||
| Unknown issuer (CUSIP: 450056AB2) | $12,018,780 | 1.14% | 11,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 55306NAB0) | $10,092,069 | 0.95% | 6,300 | ||||
| Q Qnity Electronics, Inc. Common Stock | $9,030,966 | 0.85% | 81,658 | $4,385,382 | Up ×1 | ||
| RAC Rithm Acquisition Corp. Class A Ordinary Shares | $8,040,960 | 0.76% | 768,000 | $84,480 | |||
| OACC Oaktree Acquisition Corp. III Life Sciences - Class A Ordinary Share | $7,617,600 | 0.72% | 720,000 | $-35,928 | |||
| ANSC Agriculture & Natural Solutions Acquisition Corporation - Class A Ordinary Shares | $7,586,880 | 0.72% | 672,000 | $80,640 | |||
| ALUB Alussa Energy Acquisition Corp. II Class A Ordinary Shares | $6,986,000 | 0.66% | 700,000 | Up ×1 | |||
| WAT Waters Corporation Common Stock | $6,200,136 | 0.59% | 20,845 | Up ×1 | |||
| Unknown issuer (CUSIP: 122017AD8) | $6,028,848 | 0.57% | 3,687 | $-22,811,147 | Down ×2 | ||
| SOLS Solstice Advanced Materials Inc. - Common Stock | $5,976,105 | 0.56% | 81,164 | $-824,913 | Down ×1 | ||
| PEN Penumbra, Inc. Common Stock | $5,941,690 | 0.56% | 18,147 | Up ×1 | |||
| VSNT Versant Media Group, Inc. - Class A Common Stock | $5,555,216 | 0.52% | 152,952 | Up ×1 | |||
| Unknown issuer (CUSIP: 89377MAB5) | $5,158,552 | 0.49% | 4,000 | Up ×1 | |||
| BCSS Bain Capital GSS Investment Corp. Class A Ordinary Shares | $5,050,000 | 0.48% | 500,000 | $10,000 | |||
| LBRDA Liberty Broadband Corporation - Class A Common Stock | $4,973,953 | 0.47% | 101,035 | $496,149 | Up ×1 | ||
| DD DuPont de Nemours, Inc. Common Stock | $4,727,652 | 0.45% | 104,826 | $1,444,736 | Up ×2 | ||
| LLYVK Liberty Live Holdings, Inc. - Series C Liberty Live Group Common Stock | $4,417,194 | 0.42% | 48,397 | $384,272 | |||
| CTRI Centuri Holdings, Inc. Common Stock | $4,392,152 | 0.42% | 154,273 | $-1,157,392 | Down ×1 | ||
| COUR Coursera, Inc. Common Stock | $4,255,347 | 0.40% | 731,788 | Up ×1 | |||
| Unknown issuer (CUSIP: 686688AB8) | $4,051,474 | 0.38% | 3,110 | $-15,243,785 | Down ×1 | ||
| EL Estee Lauder Companies, Inc. (The) Common Stock | $3,959,498 | 0.37% | 57,824 | Up ×1 | |||
| LLYVA Liberty Live Holdings, Inc. - Series A Liberty Live Group Common Stock | $3,718,787 | 0.35% | 41,916 | $313,112 | |||
| Unknown issuer (CUSIP: 842587DZ7) | $3,692,813 | 0.35% | 3,300 | ||||
| MICC The Magnum Ice Cream Company N.V. Ordinary Shares | $3,318,225 | 0.31% | 226,500 | Up ×1 | |||
| Unknown issuer (CUSIP: 87157DAJ8) | $3,047,098 | 0.29% | 3,000 | $-6,387,911 | Down ×1 | ||
| AEXA American Exceptionalism Acquisition Corp. A Class A Ordinary Shares | $3,000,250 | 0.28% | 275,000 | $-112,750 | |||
| Unknown issuer (CUSIP: 26441CBY0) | $2,898,503 | 0.27% | 2,600 | ||||
| Unknown issuer (CUSIP: 76954AAB9) | $2,767,587 | 0.26% | 2,600 | ||||
| Unknown issuer (CUSIP: 40637HAF6) | $2,669,515 | 0.25% | 2,100 | ||||
| MCW Mister Car Wash, Inc. - Common Stock | $2,458,889 | 0.23% | 352,529 | Up ×1 | |||
| PAII Pyrophyte Acquisition Corp. II Class A Ordinary Shares | $2,436,000 | 0.23% | 240,000 | $19,200 | |||
| GBTG Global Business Travel Group, Inc. Class A Common Stock | $2,355,213 | 0.22% | 430,176 | $1,231,872 | Up ×1 | ||
| GDDY GoDaddy Inc. Class A Common Stock | $2,288,402 | 0.22% | 27,809 | ||||
| Unknown issuer (CUSIP: 00971TAN1) | $2,265,480 | 0.21% | 2,000 | Up ×1 | |||
| RAL Ralliant Corporation Common Stock | $2,091,004 | 0.20% | 51,796 | $-4,846,284 | Down ×1 | ||
| AMRZ Amrize Ltd Ordinary Shares | $1,881,006 | 0.18% | 34,641 | $-4,334,805 | Down ×2 | ||
| Unknown issuer (CUSIP: 92939UAP1) | $1,863,399 | 0.18% | 1,500 | ||||
| SMTC Semtech Corporation - Common Stock | $1,513,883 | 0.14% | 20,620 | Up ×1 | |||
| Unknown issuer (CUSIP: 462222AF7) | $1,505,566 | 0.14% | 1,000 | $-18,728,159 | Down ×1 | ||
| Unknown issuer (CUSIP: 47215PAJ5) | $1,505,345 | 0.14% | 1,500 | $-6,029,837 | Down ×1 | ||
| Unknown issuer (CUSIP: 866966104) | $1,226,926 | 0.12% | 19,438 | Up ×1 | |||
| ATAI AtaiBeckley Inc. - Common Stock | $1,034,900 | 0.10% | 295,264 | Up ×1 | |||
| CCXI Churchill Capital Corp XI - Class A Ordinary Shares | $1,015,000 | 0.10% | 100,000 | Up ×1 | |||
| KBON Karbon Capital Partners Corp. - Class A Ordinary Shares | $1,006,000 | 0.10% | 100,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 37940XAU6) | $880,092 | 0.08% | 1,000 | $-5,484,951 | Down ×1 | ||
| MBC MasterBrand, Inc. Common Stock | $773,029 | 0.07% | 93,024 | $173,281 | Up ×1 | ||
| Unknown issuer (CUSIP: 19260QAF4) | $730,490 | 0.07% | 800 | ||||
| Unknown issuer (CUSIP: 53626N902) | $398,833 | 0.04% | 3,000 | Call option | $-138,260 | ||
| RACWS | $170,666 | 0.02% | 266,666 | $-12,133 | |||
| OACCW Oaktree Acquisition Corp. III Life Sciences - Warrant | $112,500 | 0.01% | 150,000 | $-20,940 | |||
| KDKRW Kodiak AI, Inc. - Warrant | $104,500 | 0.01% | 100,000 | $-65,500 | |||
| ALUBWS | $83,999 | 0.01% | 233,333 | Up ×1 | |||
| ANSCW Agriculture & Natural Solutions Acquisition Corporation - Warrant | $70,000 | 0.01% | 350,000 | $-52,500 | |||
| BCSSWS | $62,000 | 0.01% | 100,000 | $-8,000 | |||
| LBRDK Liberty Broadband Corporation - Class C Common Stock | $57,195 | 0.01% | 1,155 | $808 | |||
| PAIIWS | $43,750 | 0.00% | 125,000 | $-6,250 | |||
| Unknown issuer (CUSIP: 464288953) | $14,990 | 0.00% | 500 | Put option | Up ×1 | ||
| KBONW Karbon Capital Partners Corp. - Warrant | $12,855 | 0.00% | 25,000 | Up ×1 | |||
| BKSYWS | $9,489 | 0.00% | 237,226 | $-7,116 | |||
| CCXIW Churchill Capital Corp XI - Warrants | $8,200 | 0.00% | 10,000 | Up ×1 | |||
| FLDDW Fold Holdings, Inc. - Warrant | $7,948 | 0.00% | 72,260 | $-5,759 | |||
| LOTWW Lotus Technology Inc. - Warrants | $6,407 | 0.00% | 91,666 | $1,366 | |||
| GCTSWS | $4,725 | 0.00% | 25,000 | $2,475 | |||
| Unknown issuer (CUSIP: 12503M958) | $4,219 | 0.00% | 550 | Put option | $-63,656 | Up ×1 | |
| LANVWS | $687 | 0.00% | 62,500 | $-138 | |||
| ORGNW Origin Materials, Inc. - Warrant | $191 | 0.00% | 76,667 | $-246 | |||
| Unknown issuer (CUSIP: 78462F953) | $30 | 0.00% | 1,125 | Put option | $-2,068 | Down ×1 | |
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 10806XAB8) | $46,242,070 | 26,000 | 4.37% |
| Unknown issuer (CUSIP: 40131MAD1) | $38,262,515 | 23,200 | 3.62% |
| WTM | $30,968,600 | 13,975 | 2.93% |
| Unknown issuer (CUSIP: 387328AF4) | $24,535,802 | 15,000 | 2.32% |
| Unknown issuer (CUSIP: 501812AD3) | $18,902,712 | 15,750 | 1.79% |
| Unknown issuer (CUSIP: 78462F903) | $16,259,621 | 1,125 | 1.54% |
| Unknown issuer (CUSIP: 450056AB2) | $12,018,780 | 11,000 | 1.14% |
| Unknown issuer (CUSIP: 55306NAB0) | $10,092,069 | 6,300 | 0.95% |
| ALUB | $6,986,000 | 700,000 | 0.66% |
| WAT | $6,200,136 | 20,845 | 0.59% |
| PEN | $5,941,690 | 18,147 | 0.56% |
| VSNT | $5,555,216 | 152,952 | 0.52% |
| Unknown issuer (CUSIP: 89377MAB5) | $5,158,552 | 4,000 | 0.49% |
| COUR | $4,255,347 | 731,788 | 0.40% |
| EL | $3,959,498 | 57,824 | 0.37% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| — | Trimmed | -2K | +$47.7M |
| WBD | Bought more | +1.6M | +$41.5M |
| — | Bought more | +12K | +$27.9M |
| EA | Bought more | +137K | +$27.7M |
| — | Trimmed | -14K | -$27.6M |
| — | Trimmed | -16K | -$22.8M |
| — | Bought more | +2K | +$18.7M |
| — | Bought more | +11K | +$17.3M |
| — | Trimmed | -11K | -$15.2M |
| — | Bought more | +11K | +$11.4M |
2 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| MSFT | March 31, 2025 | 167,756 | $71,267,781 | 28.4% |
| AAPL | March 31, 2025 | 280,600 | $70,767,320 | 38.7% |
| NVDA | March 31, 2025 | 394,502 | $54,240,079 | 100.1% |
| BX | March 31, 2026 | 265,000 | $41,016,700 | 24.6% |
| GOOGL | March 31, 2025 | 203,000 | $38,821,720 | 121.2% |
| LLY | March 31, 2025 | 50,000 | $38,692,000 | 51.3% |
| AAPL | March 31, 2026 | 119,000 | $32,496,520 | 21.4% |
| HES | Sept. 30, 2025 | 205,508 | $28,557,391 | No longer tracked |
| INTC | March 31, 2026 | 730,000 | $27,229,000 | 108.3% |
| COST | March 31, 2025 | 29,000 | $26,744,090 | -0.3% |
| COST | March 31, 2026 | 30,000 | $25,969,500 | -5.3% |
| K | Dec. 31, 2025 | 298,161 | $24,380,624 | No longer tracked |
| RNA | March 31, 2026 | 328,204 | $23,679,918 | -1.8% |
| CYBR | March 31, 2026 | 50,226 | $22,667,998 | No longer tracked |
| ABBV | March 31, 2025 | 120,000 | $21,144,000 | 25.9% |
| AXTA | March 31, 2026 | 639,885 | $20,994,626 | 30.7% |
| CRWD | March 31, 2025 | 54,993 | $19,209,604 | -46.9% |
| ANSS | Sept. 30, 2025 | 54,484 | $19,178,368 | No longer tracked |
| UPS | March 31, 2025 | 145,000 | $18,171,400 | -6.1% |
| BX | March 31, 2025 | 103,562 | $17,817,842 | 2.5% |
| GS | March 31, 2025 | 28,646 | $16,429,913 | 87.5% |
| DKS | Sept. 30, 2025 | 81,743 | $16,332,660 | -19.6% |
| TXN | March 31, 2025 | 82,500 | $15,506,700 | 47.5% |
| META | March 31, 2025 | 25,325 | $14,973,153 | -4.8% |
| CMCSA | March 31, 2025 | 400,000 | $14,956,000 | -28.3% |
| MSFT | March 31, 2026 | 30,000 | $14,624,400 | 30.2% |
| DFS | June 30, 2025 | 84,509 | $14,095,256 | No longer tracked |
| NVDA | March 31, 2026 | 70,000 | $13,127,800 | 24.4% |
| KLAC | March 31, 2026 | 10,000 | $12,452,500 | -87.4% |
| CBOE | March 31, 2025 | 60,769 | $11,906,470 | No longer tracked |
| AMZN | March 31, 2026 | 50,000 | $11,626,500 | 23.8% |
| TSLA | March 31, 2026 | 25,000 | $11,360,750 | -6.2% |
| NEM | March 31, 2026 | 110,000 | $11,204,600 | 20.9% |
| SCHW | March 31, 2026 | 110,000 | $11,060,500 | 18.3% |
| PLTR | March 31, 2026 | 60,000 | $10,850,400 | 18.3% |
| JNJ | March 31, 2026 | 50,000 | $10,345,500 | 9.3% |
| MCO | March 31, 2025 | 20,241 | $9,584,720 | 7.3% |
| HOLX | March 31, 2026 | 117,910 | $8,789,011 | No longer tracked |
| ON | March 31, 2025 | 138,152 | $8,767,125 | 84.6% |
| BAP | March 31, 2025 | 48,124 | $8,670,982 | 101.7% |
| AXTA | March 31, 2025 | 244,069 | $8,300,786 | 9.1% |
| X | June 30, 2025 | 174,407 | $7,255,331 | No longer tracked |
| KVUE | March 31, 2026 | 412,844 | $7,154,586 | 9.9% |
| COMP | March 31, 2026 | 639,465 | $6,784,723 | 59.9% |
| AMZN | March 31, 2025 | 27,181 | $6,015,155 | 35.5% |
| SAGE | Sept. 30, 2025 | 614,939 | $5,605,168 | No longer tracked |
| EQIX | March 31, 2025 | 5,793 | $5,421,842 | 34.4% |
| SWKS | March 31, 2025 | 60,996 | $5,393,266 | 5.1% |
| SKX | Sept. 30, 2025 | 80,000 | $5,054,400 | No longer tracked |
| BCSSU | Dec. 31, 2025 | 500,000 | $5,052,500 | No longer tracked |
| LLYVKXXXX | Dec. 31, 2025 | 45,435 | $4,439,908 | No longer tracked |
| BGC | June 30, 2025 | 488,483 | $4,364,595 | 13.8% |
| SWTX | June 30, 2025 | 86,500 | $3,872,172 | No longer tracked |
| SNDK | Sept. 30, 2025 | 78,605 | $3,631,063 | 1330.5% |
| KW | March 31, 2026 | 365,279 | $3,572,428 | No longer tracked |
| BERY | March 31, 2025 | 55,200 | $3,543,840 | No longer tracked |
| ZD | March 31, 2026 | 99,471 | $3,539,178 | 31.3% |
| FL | Sept. 30, 2025 | 142,870 | $3,505,315 | No longer tracked |
| AACT | Sept. 30, 2025 | 300,000 | $3,390,000 | No longer tracked |
| NVEE | Sept. 30, 2025 | 128,635 | $2,971,468 | No longer tracked |
| SCCO | March 31, 2025 | 31,301 | $2,862,476 | 136.4% |
| JNPR | March 31, 2025 | 74,583 | $2,785,675 | No longer tracked |
| NEE | March 31, 2025 | 36,362 | $2,609,337 | 19.9% |
| CORZ | Dec. 31, 2025 | 137,319 | $2,473,801 | 30.9% |
| TRIP | Sept. 30, 2025 | 175,075 | $2,256,716 | -38.8% |
| TEX | March 31, 2026 | 41,795 | $2,248,153 | 11.0% |
| ANGI | Dec. 31, 2025 | 139,855 | $2,246,071 | -64.4% |
| ADM | March 31, 2025 | 44,669 | $2,236,576 | 72.0% |
| CNNE | June 30, 2025 | 111,067 | $2,044,743 | -27.5% |
| PODD | March 31, 2025 | 7,732 | $2,036,299 | -44.4% |
| DCH | June 30, 2025 | 505,142 | $2,002,888 | 61.5% |
| FAST | March 31, 2025 | 27,242 | $1,959,244 | 31.4% |
| SRDX | Sept. 30, 2025 | 64,245 | $1,894,585 | No longer tracked |
| XOM | March 31, 2025 | 17,485 | $1,849,213 | 39.9% |
| SJM | March 31, 2025 | 15,422 | $1,694,569 | 3.7% |
| LION | March 31, 2026 | 167,420 | $1,548,635 | 20.4% |
| MAR | March 31, 2025 | 5,414 | $1,517,598 | 49.9% |
| CNP | March 31, 2025 | 46,192 | $1,470,291 | 9.1% |
| GFL | March 31, 2026 | 32,839 | $1,435,392 | -1.2% |
| MLM | March 31, 2025 | 2,758 | $1,434,849 | 10.9% |
| V | March 31, 2025 | 4,298 | $1,355,202 | 5.0% |
| INFN | March 31, 2025 | 188,298 | $1,235,234 | No longer tracked |
| SNREY | March 31, 2025 | 28,395 | $1,229,787 | No longer tracked |
| DOW | March 31, 2025 | 28,935 | $1,141,196 | -5.9% |
| CCXIU | March 31, 2026 | 100,000 | $1,025,000 | 52.1% |
| KBONU | March 31, 2026 | 100,000 | $1,006,000 | 1.1% |
| GDDY | March 31, 2025 | 5,020 | $1,001,239 | -46.8% |
| CHD | March 31, 2025 | 9,550 | $999,121 | -11.5% |
| XYZ | March 31, 2025 | 10,636 | $930,437 | 47.4% |
| THS | March 31, 2026 | 38,338 | $908,227 | No longer tracked |
| VEEV | March 31, 2025 | 4,293 | $907,840 | 6.9% |
| TASK | March 31, 2026 | 68,234 | $801,067 | 15.1% |
| NVRI | Dec. 31, 2025 | 47,491 | $601,710 | No longer tracked |
| CMDB | Dec. 31, 2025 | 33,957 | $486,943 | 29.8% |
| QTRX | June 30, 2025 | 71,671 | $456,902 | -54.1% |
| AACTWS | Sept. 30, 2025 | 150,000 | $166,500 | No longer tracked |
| SLDPW | Dec. 31, 2025 | 45,387 | $18,658 | -96.6% |
| SSTPW | June 30, 2025 | 56,666 | $1,127 | No longer tracked |