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ATL CAPITAL BEST MANAGERS, FI

Category
—
Latest period
H2 2025
Positions
14

Portfolio as of 2025-12-31. Source: periodic filing with the CNMV. View original filing (PDF)

Full portfolio

Every position in the latest periodic filing, largest weight first. Aggregates ("other equities...") are baskets of small positions the filing itself does not break out line by line.

14
Company Type Country Weight Price
PROSEGUR CASH ES0305229009 · EUR Renta Fija Cotizada Mas 1 Anio ES 3.90% 0.64 EUR
BANCO BILBAO VIZ. AR ES0813211028 · EUR Renta Fija Cotizada Mas 1 Anio ES 2.63% 26.12 USD
BANKINTER ES0000012N35 · EUR Adquisicion Temporal Activos ES 2.62% —
ACCIONA XS2318337149 · EUR Renta Fija Cotizada Mas 1 Anio XS 2.56% —
Participaciones|DB ETC INDEX PLC DE000A1EK0G3 · EUR Renta Variable Cotizada DE 2.01% 233.60 EUR
UNICAJA BANCO SA ES0280907033 · EUR Renta Fija Cotizada Mas 1 Anio ES 1.38% 3.21 EUR
EL CORTE INGLÉS XS2848960683 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.37% —
AIR FRANCE FR001400Q6Z9 · EUR Renta Fija Cotizada Mas 1 Anio FR 1.36% 10.53 EUR
SACYR XS3071337847 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.35% 4.09 EUR
TECNICAS REUNIDAS ES0378165015 · EUR Renta Fija Cotizada Mas 1 Anio ES 1.33% 27.00 EUR
ACS XS3029358317 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.31% 99.02 EUR
BANCA MARCH ES0313040083 · EUR Renta Fija Cotizada Mas 1 Anio ES 1.31% —
PHILIP MORRIS CO XS1040105980 · EUR Renta Fija Cotizada Menos 1 Anio XS 1.31% —
VOLVO XS2240978085 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.30% 4.00 USD

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 2 Exits: 6 Increases: 1 Cuts: 0
+ PROSEGUR CASH

Enters the portfolio at 3.90% weight.

Prosegur Cash, S.A. provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management in Europe, LATAM, and internationally. The company offers local and international transport services through land, sea, and air, such as collection, transport, custody, delivery, and deposit in vaults for funds and other valuable goods. It also provides cash management and handling, and automation services consisting of counting, processing, reconditioning, securing storage, packaging, delivering, and recycling banknotes and coins, as well as cash flow monitoring and tracking systems and ATM replacement services; Cash Today, which automates payments in retail establishments; ATM management solutions comprising planning, loading, monitoring, first- and second-tier maintenance, and balancing services; value offshore systems services; correspondent banking services, such as management of collections and payments and invoice collection services, currency exchange services; and digital asset custody service. In addition, the company offers added-value offshore system services; cash back services for purchases at the supermarket, online travel bookings, reservations, and gift card purchases; and digital wallets. It serves financial institutions, retail establishments, government agencies and central banks, and mints and jewellery stores. The company was incorporated in 2016 and is headquartered in Madrid, Spain. Prosegur Cash, S.A. is a subsidiary of Prosegur Compañía de Seguridad, S.A.

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+ BANKINTER

Enters the portfolio at 2.62% weight.

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− BANKINTER

Leaves the portfolio; it was 6.72% of weight.

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− B. SABADELL

Leaves the portfolio; it was 1.38% of weight.

− Acciones|PROSUS NV

Leaves the portfolio; it was 1.16% of weight.

Prosus N.V. engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally. It operates internet platforms, such as classifieds, payments and fintech, etail, food delivery, education technology, Etail, ventures, tencent, and other platforms. It also provides online food delivery service. The company was formerly known as Myriad International Holdings N.V. and changed its name to Prosus N.V. Prosus N.V. was incorporated in 1994 and is headquartered in Amsterdam, the Netherlands.

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− Acciones|L.V.M.H. MOET-HENNESSY

Leaves the portfolio; it was 0.90% of weight.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne, together with its subsidiaries, operates as a luxury goods company worldwide. It offers wine and spirit products under the Ao Yun, Ardbeg, Armand de Brignac, Belvedere, Bodega Numanthia, Chandon, Cheval des Andes, Château Cheval Blanc, Château Galoupet, Château d'Yquem, Château d'Esclans, Cloudy Bay, Colgin Cellars, Dom Pérignon, Domaine des Lambrays, Eminente, Glenmorangie, Hennessy, Joseph Phelps, Krug, Mercier, Minuty, Moët & Chandon, Newton Vineyard, Ruinart, SirDavis, Terrazas de los Andes, Veuve Clicquot, Volcan de mi Tierra, and Woodinville brands; fashion and leather products under Barton Perreira,Berluti, Celine, Christian Dior, Fendi, Givenchy, Kenzo, Loewe, Loro Piana, Louis Vuitton, Marc Jacobs, Moynat, Patou, Pucci, Rimowa, and Vuarnet brands; and perfumes and cosmetics products under the Acqua di Parma, Benefit Cosmetics, Fenty Beauty by Rihanna, Fresh, Givenchy Parfums, Guerlain, Kenzo Parfums, Loewe Perfumes, Maison Francis Kurkdjian, Make Up For Ever, OLEHENRIKSEN, Officine Universelle Buly, and Parfums Christian Dior brands. The company also provides watches and jewelry under the Bvlgari, Chaumet, DANIEL ROTH, Fred, Gérald Genta, Hublot, L'Epée 1839, Repossi, TAG Heuer, Tiffany & Co., and Zenith brands; and selective retailing under the 24S, DFS, La Grande Épicerie de Paris, Le Bon Marché Rive Gauche, Samaritaine, and Sephora brands. In addition, it offers french business and cultural publications under the Les Echos group brand; custom-designed yachts under the Feadship brand; hotels under the Cheval Blanc and Belmond brands; and other activities under the Connaissance des Arts, Cova, Investir, Jardin d'Acclimatation, Le Parisien, Paris Match, and Radio Classique brands. LVMH Moët Hennessy - Louis Vuitton, Société Européenne was founded in 1365 and is headquartered in Paris, France.

− Acciones|INTERNATIONAL AIRLINES GROUP

Leaves the portfolio; it was 0.80% of weight.

International Consolidated Airlines Group S.A., together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the North Atlantic, Latin America, the Caribbean, Europe, Africa, the Middle East, South Asia, the Asia Pacific, and internationally. It operates through British Airways, Iberia, Vueling, Aer Lingus, and IAG Loyalty segments. The company manufactures, repairs, maintains, overhauls, retrofits, repurposes, upgrades aircraft, and aircraft parts and equipment. In addition, it provides airline operations, insurance, aircraft leasing, aircraft maintenance, tour operation, air freight operations, call center, ground handling, trustee, retail, IT, finance, flight procurement, storage, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty reward currency. The company was incorporated in 2009 and is headquartered in Harmondsworth, the United Kingdom.

− Acciones|BMW

Leaves the portfolio; it was 0.37% of weight.

Bayerische Motoren Werke Aktiengesellschaft develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The company offers automobiles under the BMW, MINI, and Rolls-Royce brands. It also develops, manufactures, and sells scooters, and motorcycles for private use and special-purpose vehicles for operational use under the BMW Motorrad brand. In addition, the company provides car rentals; credit financing; leasing that include insurance and service products; financing for dealership and customer deposits; vehicle fleet financing services for corporate car fleets under the Alphabet brand; and financial services for the automotive sector. It sells its products through retail outlet, agent, and independent dealerships. Bayerische Motoren Werke Aktiengesellschaft was founded in 1916 and is headquartered in Munich, Germany.

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▲ Participaciones|DB ETC INDEX PLC

Goes from 1.57% to 2.01%.

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Fixed income

Declared FI exposure
1.8 M €
% of portfolio
23.7%
Positions
13
Issuers
12
Sovereign: 0 € Corporate: 1.6 M € Repos / treasury management: 199,065 €

Maturity ladder

Observed contractual maturity of each position, repos excluded. Matured/≤3 months includes bonds maturing in the first days after the period close.

Matured or ≤3 months · 6.2%1-2 years · 18.3%2-5 years · 56.5%5-10 years · 6.5%> 10 years · 12.5%
Maturity Positions Exposure %
Matured or ≤3 months 1 99,372 € 6.2%
3-6 months 0 0 € 0.0%
6-12 months 0 0 € 0.0%
1-2 years 2 294,124 € 18.3%
2-5 years 7 908,059 € 56.5%
5-10 years 1 104,190 € 6.5%
> 10 years 1 200,380 € 12.5%
Unknown 0 0 € 0.0%

Top issuers

The 10 issuers with the largest declared exposure in this fund, repos excluded.

Issuer Type ISINs Exposure Next maturity
PROSEGUR CASH SA Corporate 1 296,412 € 2030-10-09
BANCO BILBAO VIZ. AR Corporate 1 200,380 € 2040-01-15
ACCIONA Corporate 1 194,892 € 2027-03-23
UNICAJA BANCO SA Bank 1 104,588 € 2029-02-21
EL CORTE INGLES Corporate 1 104,190 € 2031-06-26
AIR FRANCE Corporate 1 103,774 € 2029-05-23
SACYR SA Corporate 1 102,985 € 2030-05-29
TECNICAS REUNIDAS Corporate 1 100,787 € 2028-04-24
ACS Corporate 1 99,930 € 2030-06-11
BANCA MARCH Bank 1 99,583 € 2028-11-28

Top instruments

The 10 instruments with the largest declared exposure. No yield, IRR or rating: there's no reliable data to compute them.

ISIN Coupon Maturity Exposure
ES0305229009 PROSEGUR CASH SA 3.38% 2030-10-09 296,412 €
ES0813211028 BANCO BILBAO VIZ. AR 1.50% 2040-01-15 200,380 €
XS2318337149 ACCIONA 1.70% 2027-03-23 194,892 €
ES0280907033 UNICAJA BANCO SA 5.12% 2029-02-21 104,588 €
XS2848960683 EL CORTE INGLES 4.25% 2031-06-26 104,190 €
FR001400Q6Z9 AIR FRANCE 4.62% 2029-05-23 103,774 €
XS3071337847 SACYR SA 4.75% 2030-05-29 102,985 €
ES0378165015 TECNICAS REUNIDAS 5.40% 2028-04-24 100,787 €
XS3029358317 ACS 3.75% 2030-06-11 99,930 €
ES0313040083 BANCA MARCH 3.37% 2028-11-28 99,583 €

This period's fixed-income moves

Compares the current fixed-income portfolio with the previous period, by ISIN. An exit that coincides with maturity isn't a sale: the bond reached its contractual date.

New positions: 1 Exits at maturity: 0 Exits not explained by maturity: 1
+ PROSEGUR CASH

Enters the portfolio at 3.90% weight.

− B. SABADELL

Leaves the portfolio; it was 1.38% of weight.

Disclaimer

This is not financial advice. The portfolio comes from the periodic report the fund files with the CNMV and lags the real close of the period: it is a snapshot of the end of each half-year, not a real-time portfolio.