Fund page
BESTINVER PATRIMONIO, FI
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.
This period's moves
H2 2025 vs H1 2025 (estimated)
+ ACCIONES|TAIWAN SEMICONDUCTOR MANUFACTUR
Enters the portfolio at 0.96% weight.
View company page →+ ACCIONES|DSV A/S
Enters the portfolio at 0.88% weight.
DSV A/S offers freight forwarding and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, charter, and sea-air freight services, as well as unit load devices; sea freight services, including less-than-container load services, sea freight services, break bulk, sea containers, and DSV LCL sailing schedule services; and warehousing, e-commerce fulfilment, supply chain, contract logistics, and logistics solutions. It also offers road freight services, such as full load, part load, and groupage; conventional freight forwarding services and tailored project cargo solutions; and freight management, customs clearance, decarbonising logistics, order management, insurance, and e-commerce solutions. The company serves the automotive, technology, healthcare, energy, industrial, consumer, defense, aerospace, and chemical industries. The company was formerly known as DSV Panalpina A/S and changed its name to DSV A/S in September 2021. DSV A/S was incorporated in 1976 and is based in Hedehusene, Denmark.
View company page →+ ACCIONES|AMRIZE LTD
Enters the portfolio at 0.80% weight.
Amrize AG engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America and Canada. It operates through two segments, Building Materials and Building Envelope. The Building Materials segment offers cement and aggregates, as well as ready-mix concrete, asphalt, and other construction materials. The Building Envelope segment provides advanced roofing and wall systems, including single-ply membranes, insulation, shingles, sheathing, waterproofing, and protective coatings; and adhesives, tapes, and sealants. The company was formerly known as Holcim North America Finance Ltd and changed its name to Amrize AG in December 2013. Amrize AG was incorporated in 2023 and is based in Zug, Switzerland.
View company page →+ ACCIONES|BRENNTAG AG
Enters the portfolio at 0.74% weight.
Brenntag SE distributes chemicals and ingredients in Germany, the United States, the United Kingdom, China, Canada, Italy, Poland, France, and internationally. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling, as well as application, marketing and supply chain solutions, technical and formulation support, comprehensive regulatory know-how, and digital solutions, such as digital sales channels and product platforms. The company serves customers in various industries, including nutrition, pharma, beauty and care, and water treatment; and industrial markets, as well as coatings, adhesives, sealants and elastomers, and constructions, polymers, and rubber industries. The company was founded in 1874 and is headquartered in Essen, Germany.
View company page →− SPAIN LETRAS DEL T
Leaves the portfolio; it was 9.99% of weight.
− UNITED STATES TR
Leaves the portfolio; it was 1.09% of weight.
− FRESENIUS FIN IR
Leaves the portfolio; it was 0.90% of weight.
− CCEP FINANCE IRE
Leaves the portfolio; it was 0.87% of weight.
− ACCIONES|ASHTEAD GROUP PLC
Leaves the portfolio; it was 0.80% of weight.
− VONOVIA SE
Leaves the portfolio; it was 0.77% of weight.
− ACCIONES|ASM Intl
Leaves the portfolio; it was 0.67% of weight.
− ACCIONES|BUNZL PLC
Leaves the portfolio; it was 0.66% of weight.
Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. It provides personal protection and safety equipment, including gloves, boots, hard hats, ear and eye protection, other workwear, as well as cleaning and hygiene supplies and asset protection products; and healthcare consumables, such as gloves, masks, swabs, gowns, bandages, healthcare devices, and other healthcare related equipment. The company also offers cleaning and hygiene materials comprising chemicals and hygiene paper; goods-not-for-resale, including food packaging, films, labels, and other store supplies; non-food consumables, such as food packaging, disposable tableware, guest amenities, catering equipment, and agricultural supplies; and other products. It serves its products to industrial, construction, e-commerce, hospitals, care homes and other facilities serving the healthcare, public sector customers, grocery stores, supermarkets, convenience stores, hotels, restaurants, contract caterers, food processors, commercial growers, leisure, retail customers, and office supply companies. Bunzl plc was founded in 1854 and is based in London, the United Kingdom.
− ACCIONES|PERNOD- RICARD
Leaves the portfolio; it was 0.59% of weight.
Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No. 40, Malfy, Malibu, Kahlua, Martell, Method & Madness, Midleton Very Rare, Minttu, Monkey 47, Mumm, Olmeca, Ostoya, Passport Scotch, Pastis 51, Pernod, Perrier-Jouët, Plymouth Gin, Powers, Rabbit Hole, Ramazzotti, Redbreast, Ricard, Royal Salute, Royal Stag, Scapa, Seagram's Gin, Secret Speyside, Smooth Ambler, Something Special, Suze, The Glenlivet, TX, and Wyborowa. It also provides non-alcoholic beverages under the brands Beefeater 0%, Ceder's, Suze Tonic 0%, Cinzano Spritz 0%, Pacific, Campo Viejo Sparkling 0%, and Jacob's Creek Unvined. Pernod Ricard SA was founded in 1805 and is headquartered in Paris, France.
View company page →− ACCIONES|JERONIMO MARTINS SGPS SA
Leaves the portfolio; it was 0.58% of weight.
− AT AND T INC
Leaves the portfolio; it was 0.58% of weight.
− ACCIONES|GERRESHEIMER AG
Leaves the portfolio; it was 0.51% of weight.
− ELECTRICITE DE F
Leaves the portfolio; it was 0.40% of weight.
− CPI PROPERTY GRO
Leaves the portfolio; it was 0.40% of weight.
− RWE AG
Leaves the portfolio; it was 0.40% of weight.
− PRYSMIAN SPA
Leaves the portfolio; it was 0.35% of weight.
− BANCA MARCH SA
Leaves the portfolio; it was 0.35% of weight.
− CPI PROPERTY GRO
Leaves the portfolio; it was 0.34% of weight.
− LENZING AG
Leaves the portfolio; it was 0.34% of weight.
− SOCIETE GENERALE
Leaves the portfolio; it was 0.33% of weight.
− ACCIONES|HELLOFRESH SE
Leaves the portfolio; it was 0.20% of weight.
HelloFresh SE, together with its subsidiaries, operates as meal kit provider in the United States, Canada, and internationally. The company provides meal kits; add-on products including soups, desserts, bakery products, salads, and surcharge products; ready-to-eat meals; and other products. It operates under the HelloFresh, Chefs Plate, Good Chop, Pets Table, EveryPlate, Factor, Green Chef, and YouFoodz brand names. HelloFresh SE was founded in 2011 and is headquartered in Berlin, Germany.
View company page →− SIX FINANCE LUXE
Leaves the portfolio; it was 0.19% of weight.
− COCA COLA EUROPA
Leaves the portfolio; it was 0.19% of weight.
− LA POSTE
Leaves the portfolio; it was 0.18% of weight.
− SES SA
Leaves the portfolio; it was 0.17% of weight.
− BANKINTER S.A
Leaves the portfolio; it was 0.17% of weight.
− CAIXABANK,S.A.
Leaves the portfolio; it was 0.17% of weight.
− EUROFINS SCIENTI
Leaves the portfolio; it was 0.15% of weight.
− PROGROUP AG
Leaves the portfolio; it was 0.13% of weight.
− VOLVO AB
Leaves the portfolio; it was 0.10% of weight.
− ERSTE GROUP BANK
Leaves the portfolio; it was 0.09% of weight.
▲ ACCIONES|RENTOKIL INITIAL PLC
Goes from 0.38% to 0.71%.
Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, Europe, the United Kingdom, Asia, the Middle East, North Africa, Turkey, and Pacific. The company offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management. It provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats. In addition, the company engages in the supply and laundering of garments for commercial organizations. Further, the company provides a range of specialist cleaning services, such as graffiti removal, deep cleaning of kitchens and washrooms, trauma cleaning, and flood or fire damage cleaning, as well as specialist deep cleaning services. Rentokil Initial plc was founded in 1903 and is headquartered in Crawley, the United Kingdom.
View company page →▲ ACCIONES|DEUTSCHE BOERSE AG
Goes from 0.54% to 0.86%.
Deutsche Börse AG operates as an international exchange organization in Germany, rest of Europe, the United States, and the Asia-Pacific. The company operates through four segments: Investment Management Solutions, Trading & Clearing, Fund Services, and Securities Services. The Investment Management Solutions segment offers financial data, analytics, and software-as-a-service solutions including research, data collection, data analysis, and the provision of indices, analytics and investment management software to institutional investors, banks, and corporate clients. The Trading & Clearing segment engages in the development and operation of markets and trading systems for securities, derivatives, commodities, currencies, digital assets, and other asset classes. This segment handles settlement of transactions through clearing houses. Its Fund Services segment provides infrastructure and services for fund processing, including order routing, settlement, custody, data and distribution support for investment funds. The Securities Services segment offers various services for securities issuance, settlement, custody as well as collateral, securities lending, and liquidity management. The company was founded in 1585 and is headquartered in Eschborn, Germany.
View company page →▲ ACCIONES|ELEVANCE HEALTH INC
Goes from 0.52% to 0.82%.
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates in four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to individual, employer group risk-based and fee-based, BlueCard, Medicare, Medicaid, and FEP members; health products; a broad array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, and supplemental health insurance benefits. The company also operates in the pharmacy services business; and markets and offers pharmacy services, including home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services, as well as infusion services and injectable therapies through ambulatory infusion centers. In addition, it provides healthcare related services and capabilities, including specialty care enablement and utilization management support for specialized clinical domains; behavioral health and comprehensive care management services; palliative care services and management; virtual care; and payment integrity, subrogation, clinical data exchange through its HealthOS platform, research and data, reporting and clinical analytics, information technology, and business process support services, as well as manages home health, post-acute institutional management, and durable medical equipment costs; and supports plans in managing home and community-based services. The company provides its services under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brands. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was incorporated in 2001 and is based in Indianapolis, Indiana.
View company page →▲ ACCIONES|EXOR N.V.
Goes from 0.75% to 0.98%.
Exor N.V. engages in the automotive, agriculture and construction, sports car, commercial vehicle, health technology, football and powertrain businesses in the Netherlands and internationally. The company designs, engineers, produces, and sells luxury performance sports cars under the Ferrari brand. It also provides automotive vehicles and mobility solutions under the Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Mopar, Opel, Peugeot, Ram, and Vauxhall brands; diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatic, and personal health equipment under Philips brand; agricultural and construction equipment and services; heavy, medium, and light-duty trucks; powertrain technologies; mass-transit and premium buses and coaches; defense and civil protection equipment; heavy-duty quarry and construction vehicles; and firefighting vehicles and equipment, as well as financing services. In addition, the company offers men's footwear, leather goods, beauty, and accessories; equipment for the building and repairing of oil and gas wells; clean energy solutions; data, insights and analytics, expert, and workflow solutions; information through newspapers and magazines to conferences and electronic services and publishes The Economist; and apparel, furniture, homeware, and jewelry products. Further, it engages in the management of professional football teams under the Juventus Football Club name; and hospitals and outpatient clinics, as well as operates as investment management company and technology company specializing in the data-driven optimization of public mobility systems. Exor N.V. was founded in 1899 and is headquartered in Amsterdam, the Netherlands. Exor N.V. is a subsidiary of Giovanni Agnelli B.V.
View company page →▲ ACCIONES|AIRBUS GROUP NV
Goes from 0.71% to 0.93%.
Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aeronautics and aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment develops, manufactures, markets, and sells civil and military helicopters; and provides uncrewed aerial systems and their related services. The Airbus Defence and Space segment designs, develops, delivers, and supports crewed and uncrewed military air systems and related services. This segment also offers civil and defence space systems for telecommunications, earth observations, navigation, and science and orbital systems; and services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. The company was incorporated in 1998 and is headquartered in Leiden, the Netherlands.
View company page →Fixed income
Maturity ladder
Observed contractual maturity of each position, repos excluded. Matured/≤3 months includes bonds maturing in the first days after the period close.
Top issuers
The 10 issuers with the largest declared exposure in this fund, repos excluded.
Top instruments
The 10 instruments with the largest declared exposure. No yield, IRR or rating: there's no reliable data to compute them.
Currencies
Fixed-income exposure by instrument currency.
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.
+ ITALY BUONI POLI
Enters the portfolio at 0.85% weight.
+ ABANCA CORP BANC
Enters the portfolio at 0.76% weight.
+ MAGNUM ICC FINAN
Enters the portfolio at 0.62% weight.
+ COMMERZBANK AG
Enters the portfolio at 0.55% weight.
+ EUROPEAN UNION
Enters the portfolio at 0.55% weight.
+ BUNDESREPUBLIK D
Enters the portfolio at 0.55% weight.
+ MEDIOBANCA SPA
Enters the portfolio at 0.54% weight.
+ BELFIUS BANK SA/
Enters the portfolio at 0.53% weight.
+ TATRA BANKA AS 0
Enters the portfolio at 0.51% weight.
+ ORANGE SA
Enters the portfolio at 0.43% weight.
+ ENEL FINANCE INT
Enters the portfolio at 0.37% weight.
+ NIBC BANK NV
Enters the portfolio at 0.35% weight.
+ CIE DE ST GOBAIN
Enters the portfolio at 0.35% weight.
+ RED ELECTRICA FI
Enters the portfolio at 0.35% weight.
+ GROUPE BPCE
Enters the portfolio at 0.34% weight.
− UNITED STATES TR
Leaves the portfolio; it was 1.09% of weight.
− ELECTRICITE DE F
Leaves the portfolio; it was 0.40% of weight.
− CPI PROPERTY GRO
Leaves the portfolio; it was 0.40% of weight.
− RWE AG
Leaves the portfolio; it was 0.40% of weight.
− PRYSMIAN SPA
Leaves the portfolio; it was 0.35% of weight.
− BANCA MARCH SA
Leaves the portfolio; it was 0.35% of weight.
− CPI PROPERTY GRO
Leaves the portfolio; it was 0.34% of weight.
− SOCIETE GENERALE
Leaves the portfolio; it was 0.33% of weight.
− SIX FINANCE LUXE
Leaves the portfolio; it was 0.19% of weight.
− COCA COLA EUROPA
Leaves the portfolio; it was 0.19% of weight.
− LA POSTE
Leaves the portfolio; it was 0.18% of weight.
− SES SA
Leaves the portfolio; it was 0.17% of weight.
− BANKINTER S.A
Leaves the portfolio; it was 0.17% of weight.
− CAIXABANK,S.A.
Leaves the portfolio; it was 0.17% of weight.
− EUROFINS SCIENTI
Leaves the portfolio; it was 0.15% of weight.
− PROGROUP AG
Leaves the portfolio; it was 0.13% of weight.
− VOLVO AB
Leaves the portfolio; it was 0.10% of weight.
− ERSTE GROUP BANK
Leaves the portfolio; it was 0.09% of weight.
◦ FRESENIUS FIN IR
Leaves the portfolio; it was 0.90% of weight.
◦ CCEP FINANCE IRE
Leaves the portfolio; it was 0.87% of weight.
◦ VONOVIA SE
Leaves the portfolio; it was 0.77% of weight.
◦ AT AND T INC
Leaves the portfolio; it was 0.58% of weight.
◦ LENZING AG
Leaves the portfolio; it was 0.34% 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.