Lire l'article principal "Les actionnaires étrangers plongent sur Paris".
Voir également le tableau "Classement des fonds étrangers".

Part des étrangers dans les sociétés de l'indice CAC 40.

NOM	Part des actionnaires étrangers		Capitalisation	Part des étrangers début 1997	Premier fonds anglo-saxo actionnaire
	en pourcentage du capital	en millions de francs (1)	en millions de francs (1)	en pourcentage
DEXIA FRANCE	50.4%	14,731	29,228	35.6%	Janus Capital Corporation
VALEO	50.1%	19,529	38,979	46.9%	Putnam Investment Management
ELF AQUITAINE	50.0%	95,532	191,064	46.0%	Templeton Investment Counsel
TOTAL	50.0%	82,222	164,444	19.0%	Fidelity Management & Research
ACCOR	48.2%	23,175	48,081	40.0%	Soros Fund Management
CCF	46.4%	13,194	28,436	35.9%	Janus Capital Corporation
CANAL +	41.0%	17,208	41,971	8.1%	Capital Research & Management
BNP	40.0%	30,840	77,099	13.0%	Templeton Investment Counsel
SAINT-GOBAIN	38.0%	28,737	75,625	33.0%	Philips & Drew
PINAULT-PRINTEMPS	36.6%	44,198	120,726	23.0%	Rowe Price-Fleming International
AIR LIQUIDE	27.0%	19,403	71,862	22.0%	Capital Research & Management
ALCATEL ALSTHOM	26.4%	51,665	195,701	15.3%	Fidelity Management & Research
SUEZ LYON DES EAUX	26.3%	41,222	156,797	22% (1)	Franklin Mutual Advisers
RHONE POULENC	25.3%	23,184	91,529	22.4%	Wellington Management Company
SOCIETE GENERALE	24.4%	19,645	80,645	34.3%	Rowe Price-Fleming International
LAGARDERE	23.2%	5,973	25,802	15.5%	Franklin Mutual Advisers
STMicroelectronics	22.7%	11,164	49,180	n.d.	Commercial Union
AGF (4)	21.5%	12,306	57,236	40.0%	Warburg Dillon Read
MICHELIN	20.7%	6,969	33,748	7.5%	Wellington Management Company
LEGRAND	20.0%	7,159	35,794	21.0%	New Jersey Division of Investment
CAP GEMINI	19.2%	12,789	66,611	n.d.	Janus Capital Corporation
DANONE	18.3%	21,379	116,635	12.1%	Brandes Investment Partners
PROMODES	17.5%	10,884	62,194	9.9%	Putnam Investment Management
L'OREAL	17.0%	34,839	204,935	17.0%	Calpers
USINOR	16.7%	2,563	15,311	45.0%	Capital Research & Management
LVMH	16.0%	12,769	79,805	21.0%	Calpers
THOMSON-CSF	15.5%	5,273	34,083	27.5%	Fidelity Investment Services
CARREFOUR	15.5%	20,687	133,894	11.3%	Newton Investment Management
AXA	14.6%	29,740	203,699	5.8%	Templeton Investment Counsel
RENAULT	14.3%	9,602	67,144	16.6%	Templeton Investment Counsel
PARIBAS	14.2%	9,092	64,211	33.0%	Oppenheimer Funds
PEUGEOT	13.8%	7,049	51,116	35.0%	Templeton Investment Counsel
LAFARGE	13.4%	6,728	50,212	40.0%	Fidelity Management & Research
BIC	12.8%	2,290	17,888	10.4%	Mercury Asset Management
SCHNEIDER	12.7%	6,279	49,519	30.0%	Rowe Price-Fleming International
VIVENDI	12.6%	25,765	204,971	9,6% (2)	Rowe Price-Fleming International
FRANCE TELECOM	10.3%	47,741	463,500	n.d.	Capital Research & Management
SANOFI	9.5%	7,992	83,860	7.0%	Massachussets Financial Services
SODEXHO ALLIANCE	7.6%	2,940	38,788	n.d.	Putnam Investment Management
ERIDANIA BEGHIN SAY	6.1%	1,883	30,874	5.2%	Sanford C. Bernstein Asset Management
(1) Au cours du 15 septembre 1998.
(2) Suez a fusionné avec Lyonnaise des eaux qui avait 27,5% d'actionnaires étrangers.
(3) La Générale des eaux a fusionné avec Havas qui avait 14,1% d'actionnaires étrangers.
(4) Hors participation de son actionnaire de contrôle étranger.
Source : CDA Spectrum et Sociétés interrogées

Gilles Pouzin