Manager
BRIGHTGATE CAPITAL, S.G.I.I.C., S.A.
See the CNMV manager universe →
Fund page
BRIGHTGATE-IAPETUS EQUITY, FI
Category
—
Latest period
H2 2025
Positions
30
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.
30
Company
Type
Country
Weight
Price
This period's moves
H2 2025 vs H1 2025 (estimated)
New: 13
Exits: 9
Increases: 3
Cuts: 11
− BNP REPOS
Leaves the portfolio; it was 10.31% of weight.
− ACCIONES|BAIDU INC
Leaves the portfolio; it was 3.78% of weight.
− TESORO PUBLICO
Leaves the portfolio; it was 3.57% of weight.
− ACCIONES|SAP SE
Leaves the portfolio; it was 3.38% of weight.
− ACCIONES|SALESFORCE.COM INC
Leaves the portfolio; it was 2.92% of weight.
− ACCIONES|ARROW ELECTRONICS INC
Leaves the portfolio; it was 2.20% of weight.
− ACCIONES|IWATANI CORP
Leaves the portfolio; it was 1.99% of weight.
− TESORO PUBLICO
Leaves the portfolio; it was 1.90% of weight.
− ACCIONES|ASBURY AUTOMOTIVE GROUP
Leaves the portfolio; it was 1.89% of weight.
▼ ACCIONES|ADYEN NV
Goes from 3.42% to 2.34%.
Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. Its platform integrates payments stack, including gateway, risk management, processing, acquiring, and settlement services. The company offers a back-end infrastructure for authorizing. It accepts payment through online, in-person payments, cross channel, and Adyen for Platforms. The company also provides optimization services, including Adyen Uplift, protect, authenticate and tokenize. In addition, it offers financial products, such as accounts, capital, issuing, and payouts. It serves digital, mobility, SaaS platforms, retail, food and beverages, subscription, and travel and hospitality businesses. The company was incorporated in 2006 and is based in Amsterdam, the Netherlands.
View company page →Fixed income
Declared FI exposure
3.7 M €
% of portfolio
16.4%
Positions
5
Issuers
4
Sovereign: 3.7 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.
5-10 years · 37.9%Unknown · 62.1%
Maturity
Positions
Exposure
%
Matured or ≤3 months
0
0 €
0.0%
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
3
1.4 M €
37.9%
> 10 years
0
0 €
0.0%
Unknown
2
2.3 M €
62.1%
Top issuers
The 10 issuers with the largest declared exposure in this fund, repos excluded.
Issuer
Type
ISINs
Exposure
Next maturity
Bundesrepublik Deutschland
Sovereign
2
2.3 M €
—
GOBIERNO DE FRANCIA
Sovereign
1
497,344 €
2035-11-25
Reino de España
Sovereign
1
496,399 €
2035-10-31
United States Treasury
Sovereign
1
419,720 €
2035-11-15
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
DE0001102598 Bundesrepublik Deutschland
1.00%
—
1.8 M €
FR0014012II5 GOBIERNO DE FRANCIA
3.50%
2035-11-25
497,344 €
ES0000012P33 Reino de España
3.20%
2035-10-31
496,399 €
DE000BU2Z056 Bundesrepublik Deutschland
2.60%
—
489,387 €
US91282CPJ44 United States Treasury
4.00%
2035-11-15
419,720 €
Currencies
Fixed-income exposure by instrument currency.
Currency
Exposure
%
EUR
3.3 M €
88.7%
USD
419,720 €
11.3%
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: 4
Exits at maturity: 0
Exits not explained by maturity: 2
+ GOBIERNO DE FRANCIA
Enters the portfolio at 2.19% weight.
+ TESORO PUBLICO
Enters the portfolio at 2.19% weight.
+ BUNDESREPUB. DEUTSCH
Enters the portfolio at 2.16% weight.
+ US TREASURY N/B
Enters the portfolio at 1.85% weight.
− TESORO PUBLICO
Leaves the portfolio; it was 3.57% of weight.
− TESORO PUBLICO
Leaves the portfolio; it was 1.90% 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.