The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 09-30-2025
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: AXA Investment Managers S.A.
Address: 6 PLACE DE LA PYRAMIDE
TOUR MAJUNGA
PUTEAUX, I0  92800
Form 13F File Number: 028-25864
CRD Number (if applicable):
SEC File Number (if applicable):

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: Victoria Warme
Title: Attorney-in-Fact, AXA Investment Managers SA
Phone: 0033144459027
Signature, Place, and Date of Signing:
Victoria Warme Paris La DefenseI0 11-14-2025
[Signature] [City, State] [Date]
Security positions included within this Holding Report are held by entities referenced herein. Other banking and advisory affiliates report separately. All affiliates are owned by the ultimate parent company, BNP Paribas SA. Please contact Victoria Warme (0033144459027) and BOR@axa-im.com with any questions.
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 reported are 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: 5
Form 13F Information Table Entry Total: 2,671
Form 13F Information Table Value Total: 37,055,742,936
(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.]
No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
7 AXA Investment Managers Paris 028-18431 000309494 802-119059 0001577619
8 AXA INVESTMENT MANAGERS UK Ltd 028-18429 000319562 802-125804 0001536140
10 AXA Real Estate Investment Managers SGP 028-20829 000282641 802-107315 0001828039
11 AXA Investment Managers US Inc. 028-22489 000113608 801-60374 0001920120
13 W Capital Management, LLC 028-21566 000159408 801-73383 0001767329