Amundi Updates Portfolio with Major Stock Movements

Amundi has disclosed significant changes in its portfolio. The firm increased holdings in $NVDA, $MSFT, $UNH, and $GOOGL, while reducing positions in $AVGO and $MRK. These moves may indicate investor confidence in growth areas.

Date: 08-02-2025

AI Rating: 7

Portfolio Update Significance
Amundi's recent portfolio updates reflect notable stock moves which may impact investor sentiment. For instance:

An addition of 13,409,854 shares of $NVDA indicates a conviction in NVIDIA's growth potential, increasing their position by ~13%. This could encourage other investors to follow suit, potentially driving up the stock price.
Similarly, the addition of 3,663,194 shares of $MSFT represents a ~12% increase in their holdings, suggesting a strong belief in Microsoft’s future earnings growth, which can further influence other market participants.
Most striking is the jump to 2,991,470 shares of $UNH with a remarkable ~97% increase, demonstrating a robust endorsement of UnitedHealth Group. This significant addition could positively sway investor confidence and drive up health sector valuations.
A decrease of -6,021,603 shares of $AVGO by ~34% raises concerns about Broadcom's prospects. A substantial reduction in holdings may signal doubt about future performance, possibly leading to negative sentiment and price pressure on the stock.
Moreover, cutting -6,533,203 shares of $MRK by ~41% suggests a strong devaluation of Merck's growth potential. Such a significant reduction likely reflects a lack of confidence, leading to potential downward pressure on its stock price.

Overall, Amundi’s adjustments reveal a strategic focus on certain growth opportunities while expressing caution or potential negativity towards others.

Stocks: NVDA MSFT UNH AVGO MRK GOOGL