DOSSIER · 13F-HR · Q1 2026

Bpifrance SA

$1.7B in tracked AUM across 2 positions as of Q1 2026.

BS
CIK 0001731118 · last filed Mar 31, 2026
Total AUM
$1.7B
as of Q1 2026
Holdings
2
positions
Whale Score
77
77
strong
Activity
no data
changes this Q
AI Analysis · Q1 2026

Portfolio Overview

The SEC 13F filing for Bpifrance SA reveals a highly concentrated and specialized investment portfolio as of the report date September 30, 2025. With a total portfolio value of approximately $1.97 billion, the fund has undergone a slight contraction, decreasing by 5.8% from the previous quarter's $2.09 billion. The portfolio is exceptionally narrow in scope, comprising only two holdings. This lack of broad diversification suggests that the fund is not pursuing a tradition...

Key Holdings

The portfolio is dominated by two major positions, with the vast majority of capital allocated to Stellantis N.V.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
N82405106
STELLANTIS NV
$1.3B192.7M81.3%
02
F21107101
CONSTELLIUM NV
$310M12.6M18.7%

Filing history

2026Q1Mar 31
$1.7B 30.1%
2 positionsView →
2025Q4Dec 31
$2.4B 20.2%
2 positionsView →
2025Q3Sep 30
$2.0B 5.8%
2 positionsView →
2025Q2Jun 30
$2.1B 8.0%
3 positionsLocked
2025Q1Mar 31
$2.3B 14.8%
3 positionsLocked
2024Q4Dec 31
$2.7B 7.6%
3 positionsLocked
2024Q3Sep 30
$2.9B 29.5%
4 positionsLocked
2024Q2Jun 30
$4.1B 30.6%
5 positionsLocked
2024Q1Mar 31
$5.9B 20.7%
5 positionsLocked
2023Q4Dec 31
$4.9B 19.6%
5 positionsLocked
2023Q3Sep 30
$4.1B 9.8%
6 positionsLocked
2023Q2Jun 30
$3.7B 4.2%
7 positionsLocked
Showing 12 of 30