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BBVA MEGATENDENCIA TECNOLOGÍA, FI

Category
Latest period
H2 2025
Positions
96

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.

96
Company Type Country Weight Price
ACCIONES|NVIDIA CORP US67066G1040 · USD Renta Variable Cotizada US 9.19%
ACCIONES|APPLE INC US0378331005 · USD Renta Variable Cotizada US 8.50%
ACCIONES|MICROSOFT CORP US5949181045 · USD Renta Variable Cotizada US 8.33% 483.24 USD
FRENCH REPUBLIC FR0129287324 · EUR Deuda Publica Cotizada Memos 1 Anio FR 7.36%
ACCIONES|ALPHABET INC US02079K1079 · USD Renta Variable Cotizada US 6.61%
ACCIONES|ALPHABET INC US02079K3059 · USD Renta Variable Cotizada US 6.49%
KINGDOM OF BELGIUM BE0312810824 · EUR Deuda Publica Cotizada Memos 1 Anio BE 5.93%
ACCIONES|META PLATFORMS INC US30303M1027 · USD Renta Variable Cotizada US 4.87% 549.90 USD
ACCIONES|BROADCOM INC US11135F1012 · USD Renta Variable Cotizada US 3.76%
ACCIONES|ASML HOLDING NV NL0010273215 · EUR Renta Variable Cotizada NL 2.42%
ACCIONES|SAP SE DE0007164600 · EUR Renta Variable Cotizada DE 2.21%
ACCIONES|AMAZON.COM INC US0231351067 · USD Renta Variable Cotizada US 1.85%
ACCIONES|GILEAD SCIENCES INC US3755581036 · USD Renta Variable Cotizada US 1.01%
ACCIONES|VISA INC US92826C8394 · USD Renta Variable Cotizada US 0.99%
ACCIONES|MASTERCARD INC US57636Q1040 · USD Renta Variable Cotizada US 0.95%
ACCIONES|ORACLE CORP US68389X1054 · USD Renta Variable Cotizada US 0.89%
ACCIONES|NETFLIX INC US64110L1061 · USD Renta Variable Cotizada US 0.88%
ACCIONES|PALANTIR TECHNOLOGIE US69608A1088 · USD Renta Variable Cotizada US 0.82%
ACCIONES|INTERNATIONAL BUSINE US4592001014 · USD Renta Variable Cotizada US 0.78%
ACCIONES|VERTEX PHARMACEUTICA US92532F1003 · USD Renta Variable Cotizada US 0.74%
ACCIONES|SIEMENS HEALTHINEERS DE000SHL1006 · EUR Renta Variable Cotizada DE 0.73%
ACCIONES|ADVANCED MICRO DEVIC US0079031078 · USD Renta Variable Cotizada US 0.70%
ACCIONES|ASTRAZENECA PLC GB0009895292 · GBP Renta Variable Cotizada GB 0.68%
ACCIONES|CISCO SYSTEMS INC/DE US17275R1023 · USD Renta Variable Cotizada US 0.67%
ACCIONES|MICRON TECHNOLOGY IN US5951121038 · USD Renta Variable Cotizada US 0.65%
ACCIONES|NEUROCRINE BIOSCIENC US64125C1099 · USD Renta Variable Cotizada US 0.65%
ACCIONES|AMGEN INC US0311621009 · USD Renta Variable Cotizada US 0.62%
ACCIONES|CAPGEMINI SE FR0000125338 · EUR Renta Variable Cotizada FR 0.61%
ACCIONES|LONZA GROUP AG CH0013841017 · CHF Renta Variable Cotizada CH 0.58%
ACCIONES|BIOGEN INC US09062X1037 · USD Renta Variable Cotizada US 0.57%
ACCIONES|LAM RESEARCH CORP US5128073062 · USD Renta Variable Cotizada US 0.51%
ACCIONES|APPLIED MATERIALS IN US0382221051 · USD Renta Variable Cotizada US 0.48%
ACCIONES|REGENERON PHARMACEUT US75886F1075 · USD Renta Variable Cotizada US 0.46%
ACCIONES|SALESFORCE INC US79466L3024 · USD Renta Variable Cotizada US 0.45%
ACCIONES|WALT DISNEY CO/THE US2546871060 · USD Renta Variable Cotizada US 0.42%
ACCIONES|QUALCOMM INC US7475251036 · USD Renta Variable Cotizada US 0.40% 160.75 USD
ACCIONES|INTUITIVE SURGICAL I US46120E6023 · USD Renta Variable Cotizada US 0.40%
ACCIONES|KLA CORP US4824801009 · USD Renta Variable Cotizada US 0.39%
ACCIONES|SHOPIFY INC CA82509L1076 · USD Renta Variable Cotizada CA 0.38%
ACCIONES|ABBOTT LABORATORIES US0028241000 · USD Renta Variable Cotizada US 0.38%
ACCIONES|HOYA CORP JP3837800006 · JPY Renta Variable Cotizada JP 0.36%
ACCIONES|INTUIT INC US4612021034 · USD Renta Variable Cotizada US 0.35%
ACCIONES|ACCENTURE PLC IE00B4BNMY34 · USD Renta Variable Cotizada IE 0.35%
ACCIONES|ADOBE INC US00724F1012 · USD Renta Variable Cotizada US 0.34%
ACCIONES|STRYKER CORP US8636671013 · USD Renta Variable Cotizada US 0.34%
ACCIONES|TEXAS INSTRUMENTS IN US8825081040 · USD Renta Variable Cotizada US 0.33%
ACCIONES|AMPHENOL CORP US0320951017 · USD Renta Variable Cotizada US 0.33%
ACCIONES|INTEL CORP US4581401001 · USD Renta Variable Cotizada US 0.32%
ACCIONES|GLOBUS MEDICAL INC US3795772082 · USD Renta Variable Cotizada US 0.32%
ACCIONES|CELLNEX TELECOM SA ES0105066007 · EUR Renta Variable Cotizada ES 0.32%
ACCIONES|DASSAULT SYSTEMES SE FR0014003TT8 · EUR Renta Variable Cotizada FR 0.31%
ACCIONES|EDWARDS LIFESCIENCES US28176E1082 · USD Renta Variable Cotizada US 0.30%
ACCIONES|ANALOG DEVICES INC US0326541051 · USD Renta Variable Cotizada US 0.30%
ACCIONES|SERVICENOW INC US81762P1021 · USD Renta Variable Cotizada US 0.30%
ACCIONES|INFINEON TECHNOLOGIE DE0006231004 · EUR Renta Variable Cotizada DE 0.28%
ACCIONES|ADYEN NV NL0012969182 · EUR Renta Variable Cotizada NL 0.24% 1074.00 EUR
ACCIONES|PALO ALTO NETWORKS I US6974351057 · USD Renta Variable Cotizada US 0.22%
ACCIONES|ARISTA NETWORKS INC US0404132054 · USD Renta Variable Cotizada US 0.22%
ACCIONES|VEEVA SYSTEMS INC US9224751084 · USD Renta Variable Cotizada US 0.21%
ACCIONES|RIGHTMOVE PLC GB00BGDT3G23 · GBP Renta Variable Cotizada GB 0.21%
ACCIONES|TOKYO ELECTRON LTD JP3571400005 · JPY Renta Variable Cotizada JP 0.20%
ACCIONES|CADENCE DESIGN SYSTE US1273871087 · USD Renta Variable Cotizada US 0.18%
ACCIONES|SYNOPSYS INC US8716071076 · USD Renta Variable Cotizada US 0.17%
ACCIONES|NINTENDO CO LTD JP3756600007 · JPY Renta Variable Cotizada JP 0.16%
ACCIONES|TE CONNECTIVITY PLC IE000IVNQZ81 · USD Renta Variable Cotizada IE 0.15%
ACCIONES|CORNING INC US2193501051 · USD Renta Variable Cotizada US 0.14%
ACCIONES|KEYENCE CORP JP3236200006 · JPY Renta Variable Cotizada JP 0.13%
ACCIONES|MOTOROLA SOLUTIONS I US6200763075 · USD Renta Variable Cotizada US 0.13%
ACCIONES|AUTODESK INC US0527691069 · USD Renta Variable Cotizada US 0.13%
ACCIONES|NXP SEMICONDUCTORS N NL0009538784 · USD Renta Variable Cotizada NL 0.12%
ACCIONES|ELECTRONIC ARTS INC US2855121099 · USD Renta Variable Cotizada US 0.12%
ACCIONES|FORTINET INC US34959E1091 · USD Renta Variable Cotizada US 0.12%
ACCIONES|SOPRA STERIA GROUP FR0000050809 · EUR Renta Variable Cotizada FR 0.12% 183.90 EUR
ACCIONES|KDDI CORP JP3496400007 · JPY Renta Variable Cotizada JP 0.12%
ACCIONES|FUJITSU LTD JP3818000006 · JPY Renta Variable Cotizada JP 0.11%
ACCIONES|CONSTELLATION SOFTWA CA21037X1006 · CAD Renta Variable Cotizada CA 0.10%
ACCIONES|COGNIZANT TECHNOLOGY US1924461023 · USD Renta Variable Cotizada US 0.09%
ACCIONES|KEYSIGHT TECHNOLOGIE US49338L1035 · USD Renta Variable Cotizada US 0.08%
ACCIONES|WORKDAY INC US98138H1014 · USD Renta Variable Cotizada US 0.07%
ACCIONES|MURATA MANUFACTURING JP3914400001 · JPY Renta Variable Cotizada JP 0.07%
ACCIONES|NTT INC JP3735400008 · JPY Renta Variable Cotizada JP 0.07%
ACCIONES|MICROCHIP TECHNOLOGY US5950171042 · USD Renta Variable Cotizada US 0.06%
ACCIONES|TAKE-TWO INTERACTIVE US8740541094 · USD Renta Variable Cotizada US 0.06% 239.62 USD
ACCIONES|CANON INC JP3242800005 · JPY Renta Variable Cotizada JP 0.06%
ACCIONES|TELEFONAKTIEBOLAGET SE0000108656 · SEK Renta Variable Cotizada SE 0.06%
ACCIONES|SOFTBANK CORP JP3732000009 · JPY Renta Variable Cotizada JP 0.05%
ACCIONES|VERISIGN INC US92343E1029 · USD Renta Variable Cotizada US 0.05%
ACCIONES|FUJIFILM HOLDINGS CO JP3814000000 · JPY Renta Variable Cotizada JP 0.05%
ACCIONES|HEXAGON AB SE0015961909 · SEK Renta Variable Cotizada SE 0.05%
ACCIONES|CGI INC CA12532H1047 · CAD Renta Variable Cotizada CA 0.04%
ACCIONES|GODADDY INC US3802371076 · USD Renta Variable Cotizada US 0.04%
ACCIONES|UNIVERSAL MUSIC GROU NL0015000IY2 · EUR Renta Variable Cotizada NL 0.04%
ACCIONES|CDW CORP/DE US12514G1085 · USD Renta Variable Cotizada US 0.04%
ACCIONES|AKAMAI TECHNOLOGIES US00971T1016 · USD Renta Variable Cotizada US 0.03%
ACCIONES|ZEBRA TECHNOLOGIES C US9892071054 · USD Renta Variable Cotizada US 0.03%
ACCIONES|ZOOM COMMUNICATIONS US98980L1017 · USD Renta Variable Cotizada US 0.02%

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 5 Exits: 7 Increases: 8 Cuts: 7
+ FRENCH REPUBLIC

Enters the portfolio at 7.36% weight.

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+ KINGDOM OF BELGIUM

Enters the portfolio at 5.93% weight.

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+ ACCIONES|NETFLIX INC

Enters the portfolio at 0.88% weight.

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+ ACCIONES|SHOPIFY INC

Enters the portfolio at 0.38% weight.

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+ ACCIONES|ARISTA NETWORKS INC

Enters the portfolio at 0.22% weight.

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− FRENCH REPUBLIC

Leaves the portfolio; it was 8.35% of weight.

− KINGDOM OF BELGIUM

Leaves the portfolio; it was 5.42% of weight.

− KINGDOM OF SPAIN

Leaves the portfolio; it was 1.41% of weight.

− ACCIONES|INFRASTRUTTURE WIREL

Leaves the portfolio; it was 0.25% of weight.

− ACCIONES|PAYCHEX INC

Leaves the portfolio; it was 0.11% of weight.

− ACCIONES|AMADEUS IT GROUP SA

Leaves the portfolio; it was 0.08% of weight.

− ACCIONES|ANSYS INC

Leaves the portfolio; it was 0.07% of weight.

▲ ACCIONES|ALPHABET INC

Goes from 4.50% to 6.61%.

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▲ ACCIONES|ALPHABET INC

Goes from 4.42% to 6.49%.

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▲ ACCIONES|APPLE INC

Goes from 7.22% to 8.50%.

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▲ ACCIONES|BROADCOM INC

Goes from 2.52% to 3.76%.

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▲ ACCIONES|NVIDIA CORP

Goes from 8.75% to 9.19%.

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▲ ACCIONES|ASML HOLDING NV

Goes from 2.01% to 2.42%.

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▲ ACCIONES|PALANTIR TECHNOLOGIE

Goes from 0.47% to 0.82%.

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▲ ACCIONES|MICRON TECHNOLOGY IN

Goes from 0.31% to 0.65%.

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▼ ACCIONES|MICROSOFT CORP

Goes from 9.63% to 8.33%.

Microsoft Corporation, a technology company, develops and supports a portfolio of technology solutions for individuals and businesses worldwide. It operates through three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Microsoft 365 Commercial, Enterprise Mobility + Security, Power BI, Exchange, SharePoint, Microsoft Teams, Microsoft 365 Security and Compliance, Microsoft 365 Copilot, and Windows Commercial on-premises and Office licensed on-premises. This segment also provides Microsoft 365 Consumer products and cloud services; LinkedIn, including talent solutions, marketing solutions, subscriptions, and sales solutions; Dynamics 365, a set of cloud-based applications; and on-premises ERP and CRM applications. The Intelligent Cloud segment offers server products and cloud services; cloud and AI consumption-based services, GitHub cloud services, health and life sciences cloud services, as well as virtual desktop offerings, and other cloud services; SQL Server, Windows Server, Visual Studio, System Center, and related client access licenses; and enterprise support services, industry solutions, Microsoft partner network, and learning experience. The More Personal Computing segment provides Windows OEM licensing and devices comprising Surface and PC accessories; XBOX hardware, and XBOX first- and third-party content and services; XBOX Game Pass and other subscriptions; XBOX Cloud Gaming, advertising, and other cloud services; and search advertising consisting of Bing, Copilot, Microsoft News, Microsoft Edge, and third-party affiliates. It sells its products through partners and retail networks. The company was founded in 1975 and is headquartered in Redmond, Washington.

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▼ ACCIONES|VISA INC

Goes from 1.99% to 0.99%.

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▼ ACCIONES|SAP SE

Goes from 3.09% to 2.21%.

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▼ ACCIONES|MASTERCARD INC

Goes from 1.72% to 0.95%.

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▼ ACCIONES|INFINEON TECHNOLOGIE

Goes from 0.65% to 0.28%.

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▼ ACCIONES|META PLATFORMS INC

Goes from 5.11% to 4.87%.

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through Instagram feed, stories, reels, live, and messaging; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; Meta AI, an assistant that's available across apps, as a stand-alone app, on AI glasses, and on the web; Threads, an application for text-based updates and public conversations; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact. The RL segment provides virtual and augmented reality products, including consumer hardware, software, and content that help people feel connected, as well as Meta Quest devices that enable social experiences across gaming, fitness, entertainment, and more. The segment also includes wearables such as AI glasses like Ray Ban Meta and Oakley Meta glasses; and the Meta Ray Ban Display, which combines AI glasses with an integrated lens display and the Meta Neural Band, a wrist worn device using electromyography that lets people control their AI glasses through neuromuscular signals. Meta Platforms, Inc. has a collaboration with Microsoft Corporation, NVIDIA Corporation, Advanced Micro Devices, Inc., Broadcom Inc., and OpenAI, L.L.C. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California.

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▼ ACCIONES|ORACLE CORP

Goes from 1.12% to 0.89%.

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Fixed income

Declared FI exposure
218.5 M €
% of portfolio
13.3%
Positions
2
Issuers
2
Sovereign: 218.5 M € Corporate: 0 €

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 · 44.6%6-12 months · 55.4%
Maturity Positions Exposure %
Matured or ≤3 months 1 97.5 M € 44.6%
3-6 months 0 0 € 0.0%
6-12 months 1 121.0 M € 55.4%
1-2 years 0 0 € 0.0%
2-5 years 0 0 € 0.0%
5-10 years 0 0 € 0.0%
> 10 years 0 0 € 0.0%
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
République Française Sovereign 1 121.0 M € 2026-11-04
KINGDOM OF BELGIUM Sovereign 1 97.5 M € 2026-03-12

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
FR0129287324 République Française 2.17% 2026-11-04 121.0 M €
BE0312810824 KINGDOM OF BELGIUM 2.04% 2026-03-12 97.5 M €

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: 2 Exits at maturity: 2 Exits not explained by maturity: 0
+ FRENCH REPUBLIC

Enters the portfolio at 7.36% weight.

+ KINGDOM OF BELGIUM

Enters the portfolio at 5.93% weight.

◦ FRENCH REPUBLIC

Leaves the portfolio; it was 8.35% of weight.

◦ KINGDOM OF BELGIUM

Leaves the portfolio; it was 5.42% 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.