# EDGAR Filing Document

**Accession Number:** 0001569758
**File Stem:** 0001567619-23-002464
**Filing Date:** 2023-2
**Character Count:** 17180
**Document Hash:** 3a4cf158ad344ec112cf7fc319911a7a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001567619-23-002464.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001567619-23-002464

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Carmignac Gestion
- **CENTRAL INDEX KEY:** 0001569758
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** I0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15450
- **FILM NUMBER:** 23616053

**BUSINESS ADDRESS:**
- **STREET 1:** 24 PLACE VENDOME
- **CITY:** PARIS
- **STATE:** I0
- **ZIP:** 75001
- **BUSINESS PHONE:** 0033142865335

**MAIL ADDRESS:**
- **STREET 1:** 24 PLACE VENDOME
- **CITY:** PARIS
- **STATE:** I0
- **ZIP:** 75001

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Carmignac Gestion<br>**Address:** 24 PLACE VENDOME<br>PARIS, I0 75001

**Form 13F File Number:** 028-15450

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Olivia Vayssette<br>**Title:** Head of Legal Affairs<br>**Phone:** 33-0-70-92-33-27

**Signature, Place, and Date of Signing:**

/s/ Olivia Vayssette  Paris, I0  02-13-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 135

**Form 13F Information Table Value Total:** $5536664401

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ACCENTURE PLC | SHS CLASS A | G1151C101 |  | 468304 | 1755 | SH |  | SOLE | NONE | 31365 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 5070930 | 15052 | SH |  | SOLE | NONE | 235830 | 0 | 0 |
| ADVANCED MICRO DEVICES | COM | 007903107 |  | 136148354 | 2102028 | SH |  | SOLE | NONE | 4930846 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 156430747 | 3008838 | SH |  | SOLE | NONE | 59068 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 1384434 | 6384 | SH |  | SOLE | NONE | 1796499 | 0 | 0 |
| ALIBABA GROUP HOLDING | SPONSORED ADS | 01609W102 |  | 318538701 | 3615798 | SH |  | SOLE | NONE | 1500 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 1677658 | 7935 | SH |  | SOLE | NONE | 415316 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 55522648 | 629264 | SH |  | SOLE | NONE | 1269744 | 0 | 0 |
| AMAZON.COM INC | COM | 023135106 |  | 34886544 | 415316 | SH |  | SOLE | NONE | 1400 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 718968 | 4384 | SH |  | SOLE | NONE | 2794100 | 0 | 0 |
| ANSYS INC | COM | 03662Q105 |  | 13347781 | 55206 | SH |  | SOLE | NONE | 34024 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 454755 | 3500 | SH |  | SOLE | NONE | 629264 | 0 | 0 |
| APTIV PLC | SHS | G6095L109 |  | 93130 | 1000 | SH |  | SOLE | NONE | 3426035 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 7107880 | 38008 | SH |  | SOLE | NONE | 565395 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 3587529 | 31365 | SH |  | SOLE | NONE | 855863 | 0 | 0 |
| BARRICK GOLD CORP | COM | 067901108 |  | 138047854 | 8035293 | SH |  | SOLE | NONE | 2441 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 89892656 | 868612 | SH |  | SOLE | NONE | 64868 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 36663181 | 583437 | SH |  | SOLE | NONE | 17276 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 37335077 | 18526 | SH |  | SOLE | NONE | 3615798 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 1679134 | 29474 | SH |  | SOLE | NONE | 26419 | 0 | 0 |
| CENTENE CORP | COM | 15135B101 |  | 109969028 | 1340926 | SH |  | SOLE | NONE | 7089 | 0 | 0 |
| CHINDATA GROUP HOLDINGS | ADS | 16955F107 |  | 15425177 | 1935452 | SH |  | SOLE | NONE | 88160 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 2715591 | 6013 | SH |  | SOLE | NONE | 41149 | 0 | 0 |
| CISCO SYSTEMS INC | COM | 17275R102 |  | 723985 | 15197 | SH |  | SOLE | NONE | 753757 | 0 | 0 |
| CLARIVATE PLC | ORD SHS | G21810109 |  | 9440480 | 1131952 | SH |  | SOLE | NONE | 3500 | 0 | 0 |
| CLEARSIDE BIOMEDICAL INC | COM | 185063104 |  | 2688385 | 2400344 | SH |  | SOLE | NONE | 25000 | 0 | 0 |
| COCA-COLA CONSOLIDATED INC | COM | 191216100 |  | 731138 | 1427 | SH |  | SOLE | NONE | 407747 | 0 | 0 |
| COLGATE-PALMOLIVE CO | COM | 194162103 |  | 41138076 | 521927 | SH |  | SOLE | NONE | 870509 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 83027649 | 358256 | SH |  | SOLE | NONE | 11796 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 3306875 | 54309 | SH |  | SOLE | NONE | 6384 | 0 | 0 |
| CORCEPT THERAPEUTICS INC | COM | 218352102 |  | 1230339 | 60578 | SH |  | SOLE | NONE | 108999 | 0 | 0 |
| COSTCO WHOLESALE CORP | COM | 22160K105 |  | 49758035 | 108999 | SH |  | SOLE | NONE | 678193 | 0 | 0 |
| DANAHER CORP | COM | 235851102 |  | 194584415 | 733107 | SH |  | SOLE | NONE | 3008838 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 1653565 | 26419 | SH |  | SOLE | NONE | 18526 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 44072237 | 102790 | SH |  | SOLE | NONE | 358256 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 44993327 | 286673 | SH |  | SOLE | NONE | 449539 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 8556890 | 58786 | SH |  | SOLE | NONE | 250296 | 0 | 0 |
| EHANG HOLDINGS LTD | ADS | 26853E102 |  | 4538270 | 529087 | SH |  | SOLE | NONE | 42054 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 230599970 | 449539 | SH |  | SOLE | NONE | 17800 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 227574029 | 622030 | SH |  | SOLE | NONE | 15052 | 0 | 0 |
| EMERSON ELECTRIC CO | COM | 291011104 |  | 54311966 | 565395 | SH |  | SOLE | NONE | 733107 | 0 | 0 |
| ESTEE LAUDER COMPANIES | CL A | 518439104 |  | 10450956 | 42054 | SH |  | SOLE | NONE | 16464 | 0 | 0 |
| FERGUSON PLC | SHS | G3421J106 |  | 60464384 | 476210 | SH |  | SOLE | NONE | 710821 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 605454 | 12384 | SH |  | SOLE | NONE | 103806 | 0 | 0 |
| FRONTDOOR INC | COM | 35905A109 |  | 5551520 | 266900 | SH |  | SOLE | NONE | 32826 | 0 | 0 |
| FULL TRUCK ALLIANCE | SPONSORED ADS | 35969L108 |  | 29983877 | 3746711 | SH |  | SOLE | NONE | 3025 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 1642762 | 17800 | SH |  | SOLE | NONE | 18312 | 0 | 0 |
| GENERAL MILLS INC | COM | 370334104 |  | 730753 | 8715 | SH |  | SOLE | NONE | 33087 | 0 | 0 |
| GENERAL MOTORS CO | COM | 37045V100 |  | 874640 | 26000 | SH |  | SOLE | NONE | 21892 | 0 | 0 |
| GEOPARK LTD | USD SHS | G38327105 |  | 10478082 | 678193 | SH |  | SOLE | NONE | 54309 | 0 | 0 |
| H WORLD GROUP LTD | SPONSORED ADS | 44332N106 |  | 4569185 | 107713 | SH |  | SOLE | NONE | 6013 | 0 | 0 |
| HELMERICH  PAYNE | COM | 423452101 |  | 247850 | 5000 | SH |  | SOLE | NONE | 1098 | 0 | 0 |
| HEXCEL CORP | COM | 428291108 |  | 2548499 | 43305 | SH |  | SOLE | NONE | 15997 | 0 | 0 |
| HILTON WORLDWIDE HOLDINGS IN | COM | 43300A203 |  | 584668 | 4627 | SH |  | SOLE | NONE | 7935 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 75359707 | 238580 | SH |  | SOLE | NONE | 55206 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 871600 | 10000 | SH |  | SOLE | NONE | 1340926 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 144094263 | 281329 | SH |  | SOLE | NONE | 32463 | 0 | 0 |
| INGERSOLL-RAND INC | COM | 45687V106 |  | 39383803 | 753757 | SH |  | SOLE | NONE | 17648 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 264300 | 10000 | SH |  | SOLE | NONE | 622030 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 184333933 | 1796499 | SH |  | SOLE | NONE | 48637 | 0 | 0 |
| INTUIT INC | COM | 461202103 |  | 6234119 | 15997 | SH |  | SOLE | NONE | 70456 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 3141112 | 11796 | SH |  | SOLE | NONE | 583437 | 0 | 0 |
| JD.COM INC | SPON ADR CL A | 47215P106 |  | 192322952 | 3426035 | SH |  | SOLE | NONE | 851766 | 0 | 0 |
| JINKOSOLAR HOLDING CO | SPONSORED ADR | 47759T100 |  | 38223 | 935 | SH |  | SOLE | NONE | 8035293 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 2011500 | 15000 | SH |  | SOLE | NONE | 639 | 0 | 0 |
| KANZHUN LTD | SPONSORED ADS | 48553T106 |  | 6489821 | 318597 | SH |  | SOLE | NONE | 1383337 | 0 | 0 |
| KE HOLDINGS INC | SPONSORED ADS | 482497104 |  | 134791157 | 9653732 | SH |  | SOLE | NONE | 15000 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 2521800 | 6000 | SH |  | SOLE | NONE | 135629 | 0 | 0 |
| LENNOX INTERNATIONAL INC | COM | 526107107 |  | 262675 | 1098 | SH |  | SOLE | NONE | 38008 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 204723 | 639 | SH |  | SOLE | NONE | 2400344 | 0 | 0 |
| MARRIOTT INTERNATIONAL | CL A | 571903202 |  | 2451325 | 16464 | SH |  | SOLE | NONE | 7972 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 53126805 | 1434309 | SH |  | SOLE | NONE | 1844097 | 0 | 0 |
| MASIMO CORP | COM | 574795100 |  | 4789447 | 32463 | SH |  | SOLE | NONE | 209965 | 0 | 0 |
| MASTEC INC | COM | 576323109 |  | 7522693 | 88160 | SH |  | SOLE | NONE | 58786 | 0 | 0 |
| MASTERCARD INC | CL A | 57636Q104 |  | 82007330 | 235830 | SH |  | SOLE | NONE | 43305 | 0 | 0 |
| MEDPACE HOLDINGS INC | COM | 58506Q109 |  | 559063 | 2632 | SH |  | SOLE | NONE | 5975 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 54907662 | 64868 | SH |  | SOLE | NONE | 1110649 | 0 | 0 |
| MERUS NV | COM | N5749R100 |  | 6963496 | 449652 | SH |  | SOLE | NONE | 9653732 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 168476 | 1400 | SH |  | SOLE | NONE | 1935452 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 304532129 | 1269744 | SH |  | SOLE | NONE | 107713 | 0 | 0 |
| MINISO GROUP HOLDING LTD | SPONSORED ADS | 66981J102 |  | 52877294 | 4926114 | SH |  | SOLE | NONE | 4926114 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 48560 | 2000 | SH |  | SOLE | NONE | 360407 | 0 | 0 |
| NEW ORIENTAL EDUCATIO | SPON ADR | 647581206 |  | 48206572 | 1383337 | SH |  | SOLE | NONE | 2000 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 131882531 | 2794100 | SH |  | SOLE | NONE | 529087 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 22205581 | 265617 | SH |  | SOLE | NONE | 4412770 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 175515 | 1500 | SH |  | SOLE | NONE | 2961810 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 716488 | 3014 | SH |  | SOLE | NONE | 2102028 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 522250 | 25000 | SH |  | SOLE | NONE | 301227 | 0 | 0 |
| NVIDIA CORP | COM | 67066G104 |  | 6011508 | 41149 | SH |  | SOLE | NONE | 318597 | 0 | 0 |
| NXP SEMICONDUCTORS NV | COM | N6596X109 |  | 33180769 | 209965 | SH |  | SOLE | NONE | 3746711 | 0 | 0 |
| ON SEMICONDUCTOR | COM | 682189105 |  | 497214 | 7972 | SH |  | SOLE | NONE | 738378 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 281919177 | 3448996 | SH |  | SOLE | NONE | 4627 | 0 | 0 |
| O'REILLY AUTOMOTIVE INC | COM | 67103H107 |  | 125496142 | 148687 | SH |  | SOLE | NONE | 1755 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 103042053 | 738378 | SH |  | SOLE | NONE | 29474 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 2529840 | 21892 | SH |  | SOLE | NONE | 3014 | 0 | 0 |
| PAYPAL HOLDINGS INC | COM | 70450Y103 |  | 17826081 | 250296 | SH |  | SOLE | NONE | 521927 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 3610165 | 70456 | SH |  | SOLE | NONE | 15197 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 2520410 | 103806 | SH |  | SOLE | NONE | 137624 | 0 | 0 |
| PLUG POWER INC | COM NEW | 72919P202 |  | 1020278 | 82480 | SH |  | SOLE | NONE | 8715 | 0 | 0 |
| PROCORE TECHNOLOGIES INC | COM | 74275K108 |  | 566160 | 12000 | SH |  | SOLE | NONE | 711372 | 0 | 0 |
| PROCTER  GAMBLE CO/THE | COM | 742718109 |  | 7387966 | 48637 | SH |  | SOLE | NONE | 23091 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 6900808 | 33087 | SH |  | SOLE | NONE | 148687 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 238287442 | 711372 | SH |  | SOLE | NONE | 281329 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 2339889 | 17648 | SH |  | SOLE | NONE | 1434309 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 263598013 | 4930846 | SH |  | SOLE | NONE | 3448996 | 0 | 0 |
| SEA LTD | SPONSORED ADS | 81141R100 |  | 21223022 | 407747 | SH |  | SOLE | NONE | 935 | 0 | 0 |
| SENSIENT TECHNOLOGIES CORP | COM | 81725T100 |  | 1604240 | 22000 | SH |  | SOLE | NONE | 265617 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 6708073 | 17276 | SH |  | SOLE | NONE | 1000 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 1692538 | 5975 | SH |  | SOLE | NONE | 1000 | 0 | 0 |
| SOUTHWEST AIRLINES CO | COM | 844741108 |  | 238687 | 7089 | SH |  | SOLE | NONE | 22000 | 0 | 0 |
| SS TECHNOLOGIES HOLDINGS | COM | 78467J100 |  | 157482 | 3025 | SH |  | SOLE | NONE | 26000 | 0 | 0 |
| STRYKER CORP | COM | 863667101 |  | 212837539 | 870509 | SH |  | SOLE | NONE | 238580 | 0 | 0 |
| SUNNOVA ENERGY INTERNATIONAL | COM | 86745K104 |  | 6490930 | 360407 | SH |  | SOLE | NONE | 82480 | 0 | 0 |
| SUNRUN INC | COM | 86771W105 |  | 26677789 | 1110649 | SH |  | SOLE | NONE | 15000 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 319290 | 1000 | SH |  | SOLE | NONE | 476210 | 0 | 0 |
| TAIWAN SEMICONDUCTOR-SP ADR | SPONSORED ADS | 874039100 |  | 4399975 | 59068 | SH |  | SOLE | NONE | 102790 | 0 | 0 |
| TASKUS INC | CLASS A COM | 87652V109 |  | 5089066 | 301227 | SH |  | SOLE | NONE | 286673 | 0 | 0 |
| TDCX INC | ADS | 87190U100 |  | 1713589 | 137624 | SH |  | SOLE | NONE | 6000 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 1847700 | 15000 | SH |  | SOLE | NONE | 5000 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 18777272 | 34024 | SH |  | SOLE | NONE | 868612 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 119819774 | 855863 | SH |  | SOLE | NONE | 973 | 0 | 0 |
| TPI COMPOSITES INC | COM | 87266J104 |  | 8636907 | 851766 | SH |  | SOLE | NONE | 2632 | 0 | 0 |
| TRADEWEB MARKETS INC | CL A | 892672106 |  | 46153608 | 710821 | SH |  | SOLE | NONE | 10000 | 0 | 0 |
| TRANSUNION | COM | 89400J107 |  | 1872564 | 32826 | SH |  | SOLE | NONE | 6000 | 0 | 0 |
| TUYA INC | SPONSERED ADS | 90114C107 |  | 8424532 | 4412770 | SH |  | SOLE | NONE | 266900 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 45604519 | 1844097 | SH |  | SOLE | NONE | 449652 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1060360 | 2000 | SH |  | SOLE | NONE | 2000 | 0 | 0 |
| VEEVA SYSTEMS INC | CL A COM | 922475108 |  | 2956421 | 18312 | SH |  | SOLE | NONE | 1427 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 236400 | 6000 | SH |  | SOLE | NONE | 60578 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 507142 | 2441 | SH |  | SOLE | NONE | 4384 | 0 | 0 |
| WASTE MANAGEMENT INC | COM | 94106L109 |  | 21277478 | 135629 | SH |  | SOLE | NONE | 12384 | 0 | 0 |
| WATTS WATER TECHNOLOGIES | CL A | 942749102 |  | 530961 | 3631 | SH |  | SOLE | NONE | 3631 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 3863817 | 23091 | SH |  | SOLE | NONE | 1131952 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 |  | 541231 | 973 | SH |  | SOLE | NONE | 12000 | 0 | 0 |
| ZHIHU INC | ADS | 98955N108 |  | 3850353 | 2961810 | SH |  | SOLE | NONE | 10000 | 0 | 0 |

---