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BLUENOTE GLOBAL EQUITY, FI

Category
Latest period
H2 2025
Positions
34

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.

34
Company Type Country Weight Price
BUONI ORDINARI DEL TES IT0005631533 · EUR Deuda Publica Cotizada Memos 1 Anio IT 5.34%
SPAIN LETRAS DEL TESORO ES0L02601166 · EUR Deuda Publica Cotizada Memos 1 Anio ES 5.34%
FRENCH DISCOUNT T-BILL FR0128838499 · EUR Deuda Publica Cotizada Memos 1 Anio FR 5.34%
ACCIONES|ALPHABET INC US02079K3059 · USD Renta Variable Cotizada US 3.33%
ACCIONES|VINCI SA FR0000125486 · EUR Renta Variable Cotizada FR 3.00%
ACCIONES|TOTAL SE FR0000120271 · EUR Renta Variable Cotizada FR 2.97%
ACCIONES|Iberdrola SA ES0144580Y14 · EUR Renta Variable Cotizada ES 2.96%
ACCIONES|SANOFI SA FR0000120578 · EUR Renta Variable Cotizada FR 2.95%
ACCIONES|MICROSOFT CORP US5949181045 · USD Renta Variable Cotizada US 2.94% 483.24 USD
ACCIONES|TOYOTA MOTOR CORP US8923313071 · USD Renta Variable Cotizada US 2.92%
ACCIONES|AIR LIQUIDE SA FR0000120073 · EUR Renta Variable Cotizada FR 2.86%
ACCIONES|AIRBUS SE NL0000235190 · EUR Renta Variable Cotizada NL 2.83% 203.70 EUR
ACCIONES|Siemens Healthineers AG DE000SHL1006 · EUR Renta Variable Cotizada DE 2.72%
ACCIONES|AXA SA FR0000120628 · EUR Renta Variable Cotizada FR 2.63%
ACCIONES|L´OREAL SA FR0000120321 · EUR Renta Variable Cotizada FR 2.61%
ACCIONES|SCHNEIDER ELECTRIC SE FR0000121972 · EUR Renta Variable Cotizada FR 2.51%
ACCIONES|Brenntag AG DE000A1DAHH0 · EUR Renta Variable Cotizada DE 2.47% 60.48 EUR
ACCIONES|Novo Nordisk A/S DK0062498333 · DKK Renta Variable Cotizada DK 2.33%
ACCIONES|ZOETIS INC US98978V1035 · USD Renta Variable Cotizada US 2.29%
ACCIONES|Robertet SA FR0000039091 · EUR Renta Variable Cotizada FR 2.19%
ACCIONES|Uber Technologies Inc US90353T1007 · USD Renta Variable Cotizada US 1.86%
ACCIONES|MERCADOLIBRE INC US58733R1023 · USD Renta Variable Cotizada US 1.83%
ACCIONES|VEOLIA ENVIRONNEMENT SA FR0000124141 · EUR Renta Variable Cotizada FR 1.59%
ACCIONES|EASTMAN CHEMICAL CO US2774321002 · USD Renta Variable Cotizada US 1.55%
ACCIONES|Adyen NV NL0012969182 · EUR Renta Variable Cotizada NL 1.47% 1074.00 EUR
ACCIONES|Viscofan SA ES0184262212 · EUR Renta Variable Cotizada ES 1.46%
ACCIONES|WOLTERS KLUWER NV NL0000395903 · EUR Renta Variable Cotizada NL 1.42%
ACCIONES|VISA INC US92826C8394 · USD Renta Variable Cotizada US 1.06%
ACCIONES|CATL CNE100006WS8 · HKD Renta Variable Cotizada CN 0.99%
ACCIONES|SIGNIFY NV NL0011821392 · EUR Renta Variable Cotizada NL 0.60% 15.27 EUR
ACCIONES|InPost SA LU2290522684 · EUR Renta Variable Cotizada LU 0.56%
ACCIONES|Stratasys Ltd IL0011267213 · USD Renta Variable Cotizada IL 0.53%
ACCIONES|Okta Inc US6792951054 · USD Renta Variable Cotizada US 0.53%
ACCIONES|Nucor Corp US6703461052 · USD Renta Variable Cotizada US 0.50%

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 16 Exits: 13 Increases: 7 Cuts: 2
+ BUONI ORDINARI DEL TES

Enters the portfolio at 5.34% weight.

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+ SPAIN LETRAS DEL TESORO

Enters the portfolio at 5.34% weight.

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+ FRENCH DISCOUNT T-BILL

Enters the portfolio at 5.34% weight.

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+ ACCIONES|Iberdrola SA

Enters the portfolio at 2.96% weight.

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+ ACCIONES|AXA SA

Enters the portfolio at 2.63% weight.

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+ ACCIONES|Uber Technologies Inc

Enters the portfolio at 1.86% weight.

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+ ACCIONES|VEOLIA ENVIRONNEMENT SA

Enters the portfolio at 1.59% weight.

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+ ACCIONES|EASTMAN CHEMICAL CO

Enters the portfolio at 1.55% weight.

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+ ACCIONES|Viscofan SA

Enters the portfolio at 1.46% weight.

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+ ACCIONES|WOLTERS KLUWER NV

Enters the portfolio at 1.42% weight.

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+ ACCIONES|VISA INC

Enters the portfolio at 1.06% weight.

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+ ACCIONES|CATL

Enters the portfolio at 0.99% weight.

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+ ACCIONES|SIGNIFY NV

Enters the portfolio at 0.60% weight.

Signify N.V. provides lighting products, systems, and services in Europe, the Americas, and internationally. It operates through Professional, Consumer, OEM, and Conventional segments. The company offers LED products and connected lighting systems and services, including functional LED luminaires, LED and conventional lamps and tubes, and lighting components such as LED drivers, electronics, modules, and sensors. In addition, it produces lamps based on LED technologies, which include high-intensity discharge lamps, compact fluorescent, halogen, incandescent, and specialty lighting products consisting of projection lighting for consumers, electrical installers, distributors, and professional end-users. The company's LED systems and services are used for various market segments, including offices, commercial buildings, shops, hospitality venues, industry, agriculture, and outdoor environments. Signify N.V. was founded in 1891 and is headquartered in Eindhoven, the Netherlands.

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+ ACCIONES|InPost SA

Enters the portfolio at 0.56% weight.

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+ ACCIONES|Okta Inc

Enters the portfolio at 0.53% weight.

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+ ACCIONES|Nucor Corp

Enters the portfolio at 0.50% weight.

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− SPAIN LETRAS DEL TESORO

Leaves the portfolio; it was 5.71% of weight.

− FRENCH DISCOUNT T-BILL

Leaves the portfolio; it was 5.71% of weight.

− BUONI ORDINARI DEL TES

Leaves the portfolio; it was 5.71% of weight.

− ACCIONES|Prosus NV

Leaves the portfolio; it was 2.72% 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|THERMO FISHER SCIENTIFIC

Leaves the portfolio; it was 2.63% of weight.

− ACCIONES|Repsol SA

Leaves the portfolio; it was 2.61% of weight.

− ACCIONES|ARCELORMITTAL SA

Leaves the portfolio; it was 2.56% of weight.

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrate, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, and distributors. The company operates iron ore mining activities in Brazil, Bosnia, Liberia, Mexico, South Africa, and Ukraine, as well as in India and in Canada. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg, Luxembourg.

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− ACCIONES|TSMC

Leaves the portfolio; it was 2.20% of weight.

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− ACCIONES|Bunge Global SA

Leaves the portfolio; it was 1.95% of weight.

− ACCIONES|Daikin Industries Ltd

Leaves the portfolio; it was 1.92% of weight.

− ACCIONES|ATLAS COPCO AB

Leaves the portfolio; it was 1.83% of weight.

− ACCIONES|ASML HOLDING NV

Leaves the portfolio; it was 1.81% of weight.

− ACCIONES|CARREFOUR SA

Leaves the portfolio; it was 1.37% of weight.

Carrefour SA operates as a food retailer in France, Spain, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, Asia, and internationally. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; soft discount stores; and e-commerce sites. It is also involved in the provision of financial services; banking and insurance services; property development; travel ticketing and leisure; agency; shopping mall rental; and franchise activities. Carrefour SA was founded in 1959 and is headquartered in Massy, France.

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▲ ACCIONES|AIR LIQUIDE SA

Goes from 2.01% to 2.86%.

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▲ ACCIONES|SCHNEIDER ELECTRIC SE

Goes from 1.72% to 2.51%.

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▲ ACCIONES|SANOFI SA

Goes from 2.20% to 2.95%.

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▲ ACCIONES|TOYOTA MOTOR CORP

Goes from 2.23% to 2.92%.

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▲ ACCIONES|Robertet SA

Goes from 1.52% to 2.19%.

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▲ ACCIONES|ZOETIS INC

Goes from 2.02% to 2.29%.

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▲ ACCIONES|Siemens Healthineers AG

Goes from 2.51% to 2.72%.

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▼ ACCIONES|AIRBUS SE

Goes from 3.38% to 2.83%.

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.

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▼ ACCIONES|MICROSOFT CORP

Goes from 3.22% to 2.94%.

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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Fixed income

Declared FI exposure
4.5 M €
% of portfolio
16.0%
Positions
3
Issuers
3
Sovereign: 4.5 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 · 100.0%
Maturity Positions Exposure %
Matured or ≤3 months 3 4.5 M € 100.0%
3-6 months 0 0 € 0.0%
6-12 months 0 0 € 0.0%
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
Repubblica Italiana Sovereign 1 1.5 M € 2026-01-14
Reino de España Sovereign 1 1.5 M € 2026-01-16
FRENCH DISCOUNT T-BILL Sovereign 1 1.5 M € 2026-01-28

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
IT0005631533 Repubblica Italiana 2.02% 2026-01-14 1.5 M €
ES0L02601166 Reino de España 1.99% 2026-01-16 1.5 M €
FR0128838499 FRENCH DISCOUNT T-BILL 2.01% 2026-01-28 1.5 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: 3 Exits at maturity: 3 Exits not explained by maturity: 0
+ BUONI ORDINARI DEL TES

Enters the portfolio at 5.34% weight.

+ SPAIN LETRAS DEL TESORO

Enters the portfolio at 5.34% weight.

+ FRENCH DISCOUNT T-BILL

Enters the portfolio at 5.34% weight.

◦ SPAIN LETRAS DEL TESORO

Leaves the portfolio; it was 5.71% of weight.

◦ FRENCH DISCOUNT T-BILL

Leaves the portfolio; it was 5.71% of weight.

◦ BUONI ORDINARI DEL TES

Leaves the portfolio; it was 5.71% 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.