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BBVA USA DESARROLLO, FI

Category
Latest period
H2 2025
Positions
168

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.

168
Company Type Country Weight Price
ACCIONES|BROADCOM INC US11135F1012 · USD Renta Variable Cotizada US 3.72%
ACCIONES|JPMORGAN CHASE & CO US46625H1005 · USD Renta Variable Cotizada US 2.76%
ACCIONES|WALMART INC US9311421039 · USD Renta Variable Cotizada US 2.13%
ACCIONES|PALANTIR TECHNOLOGIE US69608A1088 · USD Renta Variable Cotizada US 2.07%
ACCIONES|ABBVIE INC US00287Y1091 · USD Renta Variable Cotizada US 1.85%
ACCIONES|CAPITAL ONE FINANCIA US14040H1059 · USD Renta Variable Cotizada US 1.75%
ACCIONES|INTERNATIONAL BUSINE US4592001014 · USD Renta Variable Cotizada US 1.62%
ACCIONES|WELLS FARGO & CO US9497461015 · USD Renta Variable Cotizada US 1.49%
ACCIONES|CITIGROUP INC US1729674242 · USD Renta Variable Cotizada US 1.49%
ACCIONES|BOOKING HOLDINGS INC US09857L1089 · USD Renta Variable Cotizada US 1.47% 209.62 USD
ACCIONES|CISCO SYSTEMS INC/DE US17275R1023 · USD Renta Variable Cotizada US 1.33%
ACCIONES|MERCK & CO INC US58933Y1055 · USD Renta Variable Cotizada US 1.23%
ACCIONES|GOLDMAN SACHS GROUP US38141G1040 · USD Renta Variable Cotizada US 1.14%
ACCIONES|TJX COS INC/THE US8725401090 · USD Renta Variable Cotizada US 1.11%
ACCIONES|GILEAD SCIENCES INC US3755581036 · USD Renta Variable Cotizada US 1.09%
ACCIONES|LAM RESEARCH CORP US5128073062 · USD Renta Variable Cotizada US 1.08%
ACCIONES|APPLOVIN CORP US03831W1080 · USD Renta Variable Cotizada US 1.06%
ACCIONES|AT&T INC US00206R1023 · USD Renta Variable Cotizada US 1.06%
ACCIONES|WARNER BROS DISCOVER US9344231041 · USD Renta Variable Cotizada US 1.05%
ACCIONES|ARISTA NETWORKS INC US0404132054 · USD Renta Variable Cotizada US 1.02%
ACCIONES|NEWMONT CORP US6516391066 · USD Renta Variable Cotizada US 1.00% 131.58 USD
ACCIONES|WALT DISNEY CO/THE US2546871060 · USD Renta Variable Cotizada US 0.99%
ACCIONES|QUALCOMM INC US7475251036 · USD Renta Variable Cotizada US 0.98% 160.75 USD
ACCIONES|AMGEN INC US0311621009 · USD Renta Variable Cotizada US 0.96%
ACCIONES|CHARLES SCHWAB CORP/ US8085131055 · USD Renta Variable Cotizada US 0.96%
ACCIONES|VERIZON COMMUNICATIO US92343V1044 · USD Renta Variable Cotizada US 0.94%
ACCIONES|WESTERN DIGITAL CORP US9581021055 · USD Renta Variable Cotizada US 0.93%
ACCIONES|INTUIT INC US4612021034 · USD Renta Variable Cotizada US 0.93%
ACCIONES|KLA CORP US4824801009 · USD Renta Variable Cotizada US 0.91%
ACCIONES|BANK OF NEW YORK MEL US0640581007 · USD Renta Variable Cotizada US 0.90%
ACCIONES|ADOBE INC US00724F1012 · USD Renta Variable Cotizada US 0.88%
ACCIONES|PFIZER INC US7170811035 · USD Renta Variable Cotizada US 0.85%
ACCIONES|MEDTRONIC PLC IE00BTN1Y115 · USD Renta Variable Cotizada IE 0.82%
ACCIONES|BRISTOL-MYERS SQUIBB US1101221083 · USD Renta Variable Cotizada US 0.80%
ACCIONES|T-MOBILE US INC US8725901040 · USD Renta Variable Cotizada US 0.79%
ACCIONES|CVS HEALTH CORP US1266501006 · USD Renta Variable Cotizada US 0.78%
ACCIONES|CORNING INC US2193501051 · USD Renta Variable Cotizada US 0.77%
ACCIONES|JOHNSON CONTROLS INT IE00BY7QL619 · USD Renta Variable Cotizada IE 0.74%
ACCIONES|MCKESSON CORP US58155Q1031 · USD Renta Variable Cotizada US 0.73%
ACCIONES|TAPESTRY INC US8760301072 · USD Renta Variable Cotizada US 0.72%
ACCIONES|COMCAST CORP US20030N1019 · USD Renta Variable Cotizada US 0.70%
ACCIONES|CME GROUP INC US12572Q1058 · USD Renta Variable Cotizada US 0.69%
ACCIONES|TE CONNECTIVITY PLC IE000IVNQZ81 · USD Renta Variable Cotizada IE 0.69%
ACCIONES|EXPEDIA GROUP INC US30212P3038 · USD Renta Variable Cotizada US 0.68% 321.63 USD
ACCIONES|ROBINHOOD MARKETS IN US7707001027 · USD Renta Variable Cotizada US 0.65%
ACCIONES|HARTFORD INSURANCE G US4165151048 · USD Renta Variable Cotizada US 0.64%
ACCIONES|SYNCHRONY FINANCIAL US87165B1035 · USD Renta Variable Cotizada US 0.63%
ACCIONES|CIGNA GROUP/THE US1255231003 · USD Renta Variable Cotizada US 0.63%
ACCIONES|UNITED PARCEL SERVIC US9113121068 · USD Renta Variable Cotizada US 0.63%
ACCIONES|EMERSON ELECTRIC CO US2910111044 · USD Renta Variable Cotizada US 0.61%
ACCIONES|FAIR ISAAC CORP US3032501047 · USD Renta Variable Cotizada US 0.61%
ACCIONES|HCA HEALTHCARE INC US40412C1018 · USD Renta Variable Cotizada US 0.61%
ACCIONES|KINDER MORGAN INC US49456B1017 · USD Renta Variable Cotizada US 0.60%
ACCIONES|EBAY INC US2786421030 · USD Renta Variable Cotizada US 0.60%
ACCIONES|TRUIST FINANCIAL COR US89832Q1094 · USD Renta Variable Cotizada US 0.60%
ACCIONES|TRAVELERS COS INC/TH US89417E1091 · USD Renta Variable Cotizada US 0.58%
ACCIONES|WILLIAMS COS INC/THE US9694571004 · USD Renta Variable Cotizada US 0.58%
ACCIONES|AUTOZONE INC US0533321024 · USD Renta Variable Cotizada US 0.57%
ACCIONES|AUTODESK INC US0527691069 · USD Renta Variable Cotizada US 0.55%
ACCIONES|ELECTRONIC ARTS INC US2855121099 · USD Renta Variable Cotizada US 0.55%
ACCIONES|VALERO ENERGY CORP US91913Y1001 · USD Renta Variable Cotizada US 0.55%
ACCIONES|FORTINET INC US34959E1091 · USD Renta Variable Cotizada US 0.54%
ACCIONES|ALLSTATE CORP/THE US0200021014 · USD Renta Variable Cotizada US 0.54%
ACCIONES|STATE STREET CORP US8574771031 · USD Renta Variable Cotizada US 0.53%
ACCIONES|MARATHON PETROLEUM C US56585A1025 · USD Renta Variable Cotizada US 0.53%
ACCIONES|FEDEX CORP US31428X1063 · USD Renta Variable Cotizada US 0.52%
ACCIONES|OMNICOM GROUP INC US6819191064 · USD Renta Variable Cotizada US 0.52%
ACCIONES|AMERICAN INTERNATION US0268747849 · USD Renta Variable Cotizada US 0.52%
ACCIONES|IDEXX LABORATORIES I US45168D1046 · USD Renta Variable Cotizada US 0.52%
ACCIONES|CARDINAL HEALTH INC US14149Y1082 · USD Renta Variable Cotizada US 0.51%
ACCIONES|COLGATE-PALMOLIVE CO US1941621039 · USD Renta Variable Cotizada US 0.51%
ACCIONES|KROGER CO/THE US5010441013 · USD Renta Variable Cotizada US 0.50%
ACCIONES|CORTEVA INC US22052L1044 · USD Renta Variable Cotizada US 0.49%
ACCIONES|PAYPAL HOLDINGS INC US70450Y1038 · USD Renta Variable Cotizada US 0.49% 61.55 USD
ACCIONES|TARGET CORP US87612E1064 · USD Renta Variable Cotizada US 0.49%
ACCIONES|BAKER HUGHES CO US05722G1004 · USD Renta Variable Cotizada US 0.48%
ACCIONES|ROCKWELL AUTOMATION US7739031091 · USD Renta Variable Cotizada US 0.47%
ACCIONES|ULTA BEAUTY INC US90384S3031 · USD Renta Variable Cotizada US 0.47%
ACCIONES|COGNIZANT TECHNOLOGY US1924461023 · USD Renta Variable Cotizada US 0.46%
ACCIONES|KEYSIGHT TECHNOLOGIE US49338L1035 · USD Renta Variable Cotizada US 0.46%
ACCIONES|DOLLAR GENERAL CORP US2566771059 · USD Renta Variable Cotizada US 0.45%
ACCIONES|RALPH LAUREN CORP US7512121010 · USD Renta Variable Cotizada US 0.45%
ACCIONES|AMERIPRISE FINANCIAL US03076C1062 · USD Renta Variable Cotizada US 0.45%
SOCIMI|CROWN CASTLE INC US22822V1017 · USD Renta Variable Cotizada US 0.44%
ACCIONES|JABIL INC US4663131039 · USD Renta Variable Cotizada US 0.44%
ACCIONES|FOX CORP US35137L1052 · USD Renta Variable Cotizada US 0.44%
ACCIONES|WORKDAY INC US98138H1014 · USD Renta Variable Cotizada US 0.44%
ACCIONES|CITIZENS FINANCIAL G US1746101054 · USD Renta Variable Cotizada US 0.43%
ACCIONES|NORTHERN TRUST CORP US6658591044 · USD Renta Variable Cotizada US 0.43%
ACCIONES|SYSCO CORP US8718291078 · USD Renta Variable Cotizada US 0.43%
ACCIONES|LOEWS CORP US5404241086 · USD Renta Variable Cotizada US 0.42%
ACCIONES|FIDELITY NATIONAL IN US31620M1062 · USD Renta Variable Cotizada US 0.42%
ACCIONES|ESTEE LAUDER COS INC US5184391044 · USD Renta Variable Cotizada US 0.42%
ACCIONES|M&T BANK CORP US55261F1049 · USD Renta Variable Cotizada US 0.41%
ACCIONES|RESMED INC US7611521078 · USD Renta Variable Cotizada US 0.41%
ACCIONES|BIOGEN INC US09062X1037 · USD Renta Variable Cotizada US 0.40%
ACCIONES|HALLIBURTON CO US4062161017 · USD Renta Variable Cotizada US 0.40%
SOCIMI|VICI PROPERTIES INC US9256521090 · USD Renta Variable Cotizada US 0.40%
ACCIONES|METTLER-TOLEDO INTER US5926881054 · USD Renta Variable Cotizada US 0.39%
ACCIONES|DOLLAR TREE INC US2567461080 · USD Renta Variable Cotizada US 0.39%
ACCIONES|INTERACTIVE BROKERS US45841N1072 · USD Renta Variable Cotizada US 0.39%
ACCIONES|CINCINNATI FINANCIAL US1720621010 · USD Renta Variable Cotizada US 0.38%
ACCIONES|REGIONS FINANCIAL CO US7591EP1005 · USD Renta Variable Cotizada US 0.38%
ACCIONES|CH ROBINSON WORLDWID US12541W2098 · USD Renta Variable Cotizada US 0.36%
ACCIONES|GENERAL MILLS INC US3703341046 · USD Renta Variable Cotizada US 0.36%
ACCIONES|NETAPP INC US64110D1046 · USD Renta Variable Cotizada US 0.36%
ACCIONES|STERIS PLC IE00BFY8C754 · USD Renta Variable Cotizada IE 0.35%
ACCIONES|WILLIAMS-SONOMA INC US9699041011 · USD Renta Variable Cotizada US 0.35%
ACCIONES|SNAP-ON INC US8330341012 · USD Renta Variable Cotizada US 0.34%
ACCIONES|ON SEMICONDUCTOR COR US6821891057 · USD Renta Variable Cotizada US 0.33%
ACCIONES|FORTIVE CORP US34959J1088 · USD Renta Variable Cotizada US 0.33%
ACCIONES|CENTENE CORP US15135B1017 · USD Renta Variable Cotizada US 0.33%
ACCIONES|FISERV INC US3377381088 · USD Renta Variable Cotizada US 0.33%
ACCIONES|KRAFT HEINZ CO/THE US5007541064 · USD Renta Variable Cotizada US 0.33%
ACCIONES|QUEST DIAGNOSTICS IN US74834L1008 · USD Renta Variable Cotizada US 0.32%
ACCIONES|KIMBERLY-CLARK CORP US4943681035 · USD Renta Variable Cotizada US 0.32%
ACCIONES|INCYTE CORP US45337C1027 · USD Renta Variable Cotizada US 0.32%
ACCIONES|VERISIGN INC US92343E1029 · USD Renta Variable Cotizada US 0.32%
ACCIONES|LABCORP HOLDINGS INC US5049221055 · USD Renta Variable Cotizada US 0.32%
ACCIONES|INSULET CORP US45784P1012 · USD Renta Variable Cotizada US 0.31%
ACCIONES|VIATRIS INC US92556V1061 · USD Renta Variable Cotizada US 0.31% 16.32 USD
ACCIONES|W R BERKLEY CORP US0844231029 · USD Renta Variable Cotizada US 0.31%
ACCIONES|HP INC US40434L1052 · USD Renta Variable Cotizada US 0.31%
ACCIONES|F5 INC US3156161024 · USD Renta Variable Cotizada US 0.31%
ACCIONES|INVESCO LTD BMG491BT1088 · USD Renta Variable Cotizada BM 0.31%
ACCIONES|APTIV PLC JE00BTDN8H13 · USD Renta Variable Cotizada JE 0.31%
ACCIONES|INTERNATIONAL FLAVOR US4595061015 · USD Renta Variable Cotizada US 0.30%
ACCIONES|GLOBAL PAYMENTS INC US37940X1028 · USD Renta Variable Cotizada US 0.30%
ACCIONES|JB HUNT TRANSPORT SE US4456581077 · USD Renta Variable Cotizada US 0.28%
ACCIONES|JACOBS SOLUTIONS INC US46982L1089 · USD Renta Variable Cotizada US 0.28%
ACCIONES|FOX CORP US35137L2043 · USD Renta Variable Cotizada US 0.27%
ACCIONES|HOLOGIC INC US4364401012 · USD Renta Variable Cotizada US 0.27%
ACCIONES|MASCO CORP US5745991068 · USD Renta Variable Cotizada US 0.27%
ACCIONES|GEN DIGITAL INC US6687711084 · USD Renta Variable Cotizada US 0.26%
ACCIONES|AKAMAI TECHNOLOGIES US00971T1016 · USD Renta Variable Cotizada US 0.26%
SOCIMI|EQUITY RESIDENTIAL US29476L1070 · USD Renta Variable Cotizada US 0.26%
ACCIONES|GODADDY INC US3802371076 · USD Renta Variable Cotizada US 0.26%
SOCIMI|HOST HOTELS & RESORT US44107P1049 · USD Renta Variable Cotizada US 0.26%
ACCIONES|GLOBE LIFE INC US37959E1029 · USD Renta Variable Cotizada US 0.25%
ACCIONES|HASBRO INC US4180561072 · USD Renta Variable Cotizada US 0.25%
ACCIONES|CHARLES RIVER LABORA US1598641074 · USD Renta Variable Cotizada US 0.25%
ACCIONES|BEST BUY CO INC US0865161014 · USD Renta Variable Cotizada US 0.25%
ACCIONES|DECKERS OUTDOOR CORP US2435371073 · USD Renta Variable Cotizada US 0.25%
ACCIONES|STANLEY BLACK & DECK US8545021011 · USD Renta Variable Cotizada US 0.25%
ACCIONES|LYONDELLBASELL INDUS NL0009434992 · USD Renta Variable Cotizada NL 0.24%
SOCIMI|HEALTHPEAK PROPERTIE US42250P1030 · USD Renta Variable Cotizada US 0.24%
ACCIONES|J M SMUCKER CO/THE US8326964058 · USD Renta Variable Cotizada US 0.23%
ACCIONES|CHARTER COMMUNICATIO US16119P1084 · USD Renta Variable Cotizada US 0.22%
ACCIONES|ZEBRA TECHNOLOGIES C US9892071054 · USD Renta Variable Cotizada US 0.22%
SOCIMI|KIMCO REALTY CORP US49446R1095 · USD Renta Variable Cotizada US 0.22%
ACCIONES|CLOROX CO/THE US1890541097 · USD Renta Variable Cotizada US 0.22%
ACCIONES|HENRY SCHEIN INC US8064071025 · USD Renta Variable Cotizada US 0.22%
ACCIONES|PARAMOUNT SKYDANCE C US69932A2042 · USD Renta Variable Cotizada US 0.21%
ACCIONES|SKYWORKS SOLUTIONS I US83088M1027 · USD Renta Variable Cotizada US 0.21%
SOCIMI|BXP INC US1011211018 · USD Renta Variable Cotizada US 0.21%
ACCIONES|CONAGRA BRANDS INC US2058871029 · USD Renta Variable Cotizada US 0.21%
ACCIONES|SMURFIT WESTROCK PLC IE00028FXN24 · USD Renta Variable Cotizada IE 0.21% 49.39 USD
ACCIONES|FRANKLIN RESOURCES I US3546131018 · USD Renta Variable Cotizada US 0.20%
ACCIONES|IAC/INTERACTIVECORP US57667L1070 · USD Renta Variable Cotizada US 0.19%
ACCIONES|BUILDERS FIRSTSOURCE US12008R1077 · USD Renta Variable Cotizada US 0.19%
ACCIONES|DAVITA INC US23918K1088 · USD Renta Variable Cotizada US 0.18%
ACCIONES|BAXTER INTERNATIONAL US0718131099 · USD Renta Variable Cotizada US 0.17%
ACCIONES|CAMPBELL´S COMPANY/T US1344291091 · USD Renta Variable Cotizada US 0.16%
ACCIONES|MOSAIC CO/THE US61945C1036 · USD Renta Variable Cotizada US 0.16% 24.41 USD
ACCIONES|TRIMBLE INC US8962391004 · USD Renta Variable Cotizada US 0.15%
ACCIONES|LAMB WESTON HOLDINGS US5132721045 · USD Renta Variable Cotizada US 0.15%
OTROS|SYCAMORE PARTNERS LL US931CVR0133 · USD Renta Variable No Cotizada US 0.01%
ACCIONES|CF INDUSTRIES HOLDIN US1252691001 · USD Renta Variable Cotizada US 0.00%

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 30 Exits: 31 Increases: 13 Cuts: 8
+ ACCIONES|GOLDMAN SACHS GROUP

Enters the portfolio at 1.14% weight.

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+ ACCIONES|LAM RESEARCH CORP

Enters the portfolio at 1.08% weight.

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+ ACCIONES|APPLOVIN CORP

Enters the portfolio at 1.06% weight.

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+ ACCIONES|WALT DISNEY CO/THE

Enters the portfolio at 0.99% weight.

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+ ACCIONES|AMGEN INC

Enters the portfolio at 0.96% weight.

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+ ACCIONES|KLA CORP

Enters the portfolio at 0.91% weight.

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+ ACCIONES|MCKESSON CORP

Enters the portfolio at 0.73% weight.

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+ ACCIONES|ROBINHOOD MARKETS IN

Enters the portfolio at 0.65% weight.

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+ ACCIONES|UNITED PARCEL SERVIC

Enters the portfolio at 0.63% weight.

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+ ACCIONES|HCA HEALTHCARE INC

Enters the portfolio at 0.61% weight.

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+ ACCIONES|ALLSTATE CORP/THE

Enters the portfolio at 0.54% weight.

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+ ACCIONES|AMERICAN INTERNATION

Enters the portfolio at 0.52% weight.

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+ ACCIONES|IDEXX LABORATORIES I

Enters the portfolio at 0.52% weight.

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+ ACCIONES|CARDINAL HEALTH INC

Enters the portfolio at 0.51% weight.

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+ ACCIONES|ROCKWELL AUTOMATION

Enters the portfolio at 0.47% weight.

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+ ACCIONES|BIOGEN INC

Enters the portfolio at 0.40% weight.

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+ ACCIONES|HALLIBURTON CO

Enters the portfolio at 0.40% weight.

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+ ACCIONES|INTERACTIVE BROKERS

Enters the portfolio at 0.39% weight.

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+ ACCIONES|STERIS PLC

Enters the portfolio at 0.35% weight.

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+ ACCIONES|ON SEMICONDUCTOR COR

Enters the portfolio at 0.33% weight.

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+ ACCIONES|FORTIVE CORP

Enters the portfolio at 0.33% weight.

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+ ACCIONES|CENTENE CORP

Enters the portfolio at 0.33% weight.

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+ ACCIONES|INSULET CORP

Enters the portfolio at 0.31% weight.

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+ ACCIONES|JB HUNT TRANSPORT SE

Enters the portfolio at 0.28% weight.

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+ ACCIONES|JACOBS SOLUTIONS INC

Enters the portfolio at 0.28% weight.

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+ ACCIONES|PARAMOUNT SKYDANCE C

Enters the portfolio at 0.21% weight.

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+ ACCIONES|CAMPBELL´S COMPANY/T

Enters the portfolio at 0.16% weight.

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+ ACCIONES|TRIMBLE INC

Enters the portfolio at 0.15% weight.

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+ ACCIONES|LAMB WESTON HOLDINGS

Enters the portfolio at 0.15% weight.

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+ OTROS|SYCAMORE PARTNERS LL

Enters the portfolio at 0.01% weight.

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− ACCIONES|META PLATFORMS INC

Leaves the portfolio; it was 3.41% of weight.

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|SALESFORCE INC

Leaves the portfolio; it was 1.23% of weight.

− ACCIONES|JOHNSON & JOHNSON

Leaves the portfolio; it was 1.21% of weight.

− ACCIONES|SERVICENOW INC

Leaves the portfolio; it was 1.08% of weight.

− ACCIONES|CHUBB LTD

Leaves the portfolio; it was 0.97% of weight.

− ACCIONES|PROGRESSIVE CORP/THE

Leaves the portfolio; it was 0.92% of weight.

− ACCIONES|LOWE´S COS INC

Leaves the portfolio; it was 0.84% of weight.

− ACCIONES|3M CO

Leaves the portfolio; it was 0.78% of weight.

− ACCIONES|WW GRAINGER INC

Leaves the portfolio; it was 0.71% of weight.

− ACCIONES|CINTAS CORP

Leaves the portfolio; it was 0.67% of weight.

− ACCIONES|WESTINGHOUSE AIR BRA

Leaves the portfolio; it was 0.64% of weight.

− SOCIMI|SIMON PROPERTY GROUP

Leaves the portfolio; it was 0.55% of weight.

− ACCIONES|GENERAL MOTORS CO

Leaves the portfolio; it was 0.53% of weight.

− ACCIONES|PAYCHEX INC

Leaves the portfolio; it was 0.52% of weight.

− ACCIONES|SCHLUMBERGER NV

Leaves the portfolio; it was 0.50% of weight.

SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; stimulation services to restore or enhance well productivity through hydraulic fracturing, matrix stimulation, and water treatment; and intervention services to oil and gas operators. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift; supplies packers, safety valves, sand control technology, and various intelligent systems; midstream production systems; valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. SLB N.V. was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. The company was founded in 1926 and is based in Houston, Texas.

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− ACCIONES|GARTNER INC

Leaves the portfolio; it was 0.48% of weight.

− ACCIONES|CBOE GLOBAL MARKETS

Leaves the portfolio; it was 0.46% of weight.

− ACCIONES|HEWLETT PACKARD ENTE

Leaves the portfolio; it was 0.44% of weight.

− ACCIONES|LENNAR CORP

Leaves the portfolio; it was 0.41% of weight.

− ACCIONES|CORPAY INC

Leaves the portfolio; it was 0.38% of weight.

− ACCIONES|KELLANOVA

Leaves the portfolio; it was 0.34% of weight.

− ACCIONES|JUNIPER NETWORKS INC

Leaves the portfolio; it was 0.29% of weight.

− ACCIONES|PAYCOM SOFTWARE INC

Leaves the portfolio; it was 0.24% of weight.

− ACCIONES|AMCOR PLC

Leaves the portfolio; it was 0.23% of weight.

− ACCIONES|INTERPUBLIC GROUP OF

Leaves the portfolio; it was 0.23% of weight.

− ACCIONES|WALGREENS BOOTS ALLI

Leaves the portfolio; it was 0.23% of weight.

− ACCIONES|LKQ CORP

Leaves the portfolio; it was 0.22% of weight.

− ACCIONES|GENERAC HOLDINGS INC

Leaves the portfolio; it was 0.22% of weight.

− ACCIONES|PARAMOUNT GLOBAL

Leaves the portfolio; it was 0.22% of weight.

− ACCIONES|EASTMAN CHEMICAL CO

Leaves the portfolio; it was 0.18% of weight.

− ACCIONES|MOHAWK INDUSTRIES IN

Leaves the portfolio; it was 0.17% of weight.

▲ ACCIONES|CHARLES SCHWAB CORP/

Goes from 0.11% to 0.96%.

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▲ ACCIONES|WARNER BROS DISCOVER

Goes from 0.45% to 1.05%.

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▲ ACCIONES|WESTERN DIGITAL CORP

Goes from 0.37% to 0.93%.

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▲ ACCIONES|BROADCOM INC

Goes from 3.17% to 3.72%.

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▲ ACCIONES|EMERSON ELECTRIC CO

Goes from 0.16% to 0.61%.

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▲ ACCIONES|NEWMONT CORP

Goes from 0.62% to 1.00%.

Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.

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▲ ACCIONES|PALANTIR TECHNOLOGIE

Goes from 1.70% to 2.07%.

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▲ ACCIONES|CITIGROUP INC

Goes from 1.16% to 1.49%.

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▲ ACCIONES|CORNING INC

Goes from 0.50% to 0.77%.

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▲ ACCIONES|OMNICOM GROUP INC

Goes from 0.27% to 0.52%.

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▲ ACCIONES|EXPEDIA GROUP INC

Goes from 0.43% to 0.68%.

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. The B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; and Orbitz, Travelocity, ebookers, and Wotif Group. The B2B segment provides various travel and non-travel companies including airlines, offline travel agents, online retailers, corporate travel management, and financial institutions who leverage its travel technology and tap into its diverse supply to augment their offerings and market Expedia Group rates and availabilities to its travelers. The trivago segment sends referrals to online travel companies and travel service providers from hotel metasearch websites. In addition, it provides brand advertising through online and offline channels, loyalty programs, mobile apps, and search engine marketing, as well as metasearch, social media, direct and personalized traveler communications on its websites, and through direct e-mail communication with its travelers. The company was formerly known as Expedia, Inc. and changed its name to Expedia Group, Inc. in March 2018. Expedia Group, Inc. was founded in 1996 and is headquartered in Seattle, Washington.

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▲ ACCIONES|ABBVIE INC

Goes from 1.61% to 1.85%.

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▲ ACCIONES|MERCK & CO INC

Goes from 0.99% to 1.23%.

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▼ ACCIONES|FISERV INC

Goes from 0.90% to 0.33%.

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▼ ACCIONES|WILLIAMS COS INC/THE

Goes from 0.85% to 0.58%.

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▼ ACCIONES|AT&T INC

Goes from 1.32% to 1.06%.

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▼ ACCIONES|INTUIT INC

Goes from 1.19% to 0.93%.

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▼ ACCIONES|CHARTER COMMUNICATIO

Goes from 0.47% to 0.22%.

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▼ ACCIONES|BOOKING HOLDINGS INC

Goes from 1.70% to 1.47%.

Booking Holdings Inc., together with its subsidiaries, provides online and traditional travel and restaurant reservations and related services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates Booking.com, which offers online accommodation reservations; and Priceline, which provides discount travel reservations services, as well as online accommodation, flight, rental car reservation services, vacation packages, cruises, activity, and affiliate programs. It also operates Agoda that offers online accommodation reservation, flight, ground transportation, and attractions. In addition, the company operates KAYAK, an online meta-search service that allows consumers to search and compare travel itineraries and prices; and OpenTable for booking online restaurant reservations, as well as reservation management services to restaurants. Further, it offers travel-related insurance products, payment facilitation, and restaurant management services to consumers, travel service providers, and restaurants; and advertising services. The company was formerly known as The Priceline Group Inc. and changed its name to Booking Holdings Inc. in February 2018. Booking Holdings Inc. was founded in 1997 and is headquartered in Norwalk, Connecticut.

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▼ ACCIONES|FORTINET INC

Goes from 0.77% to 0.54%.

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▼ ACCIONES|T-MOBILE US INC

Goes from 0.99% to 0.79%.

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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.