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CINVEST,FI

Category
Latest period
H2 2025
Positions
31

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.

31
Company Type Country Weight Price
Acciones|BW OFFSHORE LTD BMG1738J1247 · NOK Renta Variable Cotizada BM 7.57% 45.40 NOK
Acciones|DIVERSIFIED ENERGY US25520W1071 · GBP Renta Variable Cotizada US 7.56%
Acciones|CONTANGO ORE US21077F1003 · USD Renta Variable Cotizada US 6.99%
Acciones|RENAULT S.A. FR0000131906 · EUR Renta Variable Cotizada FR 6.52% 28.63 EUR
Acciones|ATALAYA MINING CY0106002112 · GBP Renta Variable Cotizada CY 4.62% 1000.00 GBp
Acciones|BUMBLE US12047B1052 · USD Renta Variable Cotizada US 4.16%
Acciones|DYNAGAS LNG PARTNERS LP MHY2188B1083 · USD Renta Variable Cotizada MH 4.15%
Acciones|CHENIERE US16411R2085 · USD Renta Variable Cotizada US 4.14%
Acciones|SATURN OIL & GAS INC CA80412L8832 · CAD Renta Variable Cotizada CA 4.13%
Acciones|TULLOW OIL PLC GB0001500809 · GBP Renta Variable Cotizada GB 3.88% 20.35 GBp
Acciones|PLASTIVALOIRE FR0013252186 · EUR Renta Variable Cotizada FR 3.60%
Acciones|AKWEL AUTOMOTIVE FR0000053027 · EUR Renta Variable Cotizada FR 3.13% 6.48 EUR
Acciones|EUTELSAT COMMUNICATIONS FR0010221234 · EUR Renta Variable Cotizada FR 3.04%
Acciones|SOCIETE BIC SA FR0000120966 · EUR Renta Variable Cotizada FR 2.85% 66.70 EUR
Acciones|D´AMICO INTL SHIPPING LU2592315662 · EUR Renta Variable Cotizada LU 2.76%
Acciones|BONDUELLE SCA FR0000063935 · EUR Renta Variable Cotizada FR 2.69%
Acciones|SEMAPA PTSEM0AM0004 · EUR Renta Variable Cotizada PT 2.56% 20.70 EUR
Acciones|ORIGIN ENTERPRISES PUBLIC LTD IE00B1WV4493 · EUR Renta Variable Cotizada IE 2.56% 4.55 EUR
Acciones|BAYERISCHE MOTOREN WERKE DE0005190037 · EUR Renta Variable Cotizada DE 2.45%
Acciones|CALTAGIRONE SPA IT0003127930 · EUR Renta Variable Cotizada IT 2.39%
Acciones|BPOST SA BE0974268972 · EUR Renta Variable Cotizada BE 2.39%
Acciones|BIESSE IT0003097257 · EUR Renta Variable Cotizada IT 2.34%
Acciones|BREMBO NL0015001KT6 · EUR Renta Variable Cotizada NL 2.33%
Acciones|SES SA LU0088087324 · EUR Renta Variable Cotizada LU 2.30%
Acciones|THYSSENKRUPP AG DE0007500001 · EUR Renta Variable Cotizada DE 2.19%
Acciones|SCHAEFFLER GROUP DE000SHA0100 · EUR Renta Variable Cotizada DE 2.13%
Acciones|FLEURY MICHON FR0000074759 · EUR Renta Variable Cotizada FR 2.00%
Acciones|ADVAL TECH CH0008967926 · CHF Renta Variable Cotizada CH 1.97%
Acciones|TAKKT AG DE0007446007 · EUR Renta Variable Cotizada DE 1.83%
Acciones|BW ENERGY LTD BMG0702P1086 · NOK Renta Variable Cotizada BM 0.08% 56.50 NOK
Acciones|GRUPO URBAS ES0182280018 · EUR Renta Variable Cotizada ES 0.01%

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 5 Exits: 5 Increases: 10 Cuts: 9
+ Acciones|DIVERSIFIED ENERGY

Enters the portfolio at 7.56% weight.

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+ Acciones|CONTANGO ORE

Enters the portfolio at 6.99% weight.

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+ Acciones|BUMBLE

Enters the portfolio at 4.16% weight.

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+ Acciones|SCHAEFFLER GROUP

Enters the portfolio at 2.13% weight.

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+ Acciones|TAKKT AG

Enters the portfolio at 1.83% weight.

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− Acciones|DIVERSIFIED ENERGY

Leaves the portfolio; it was 7.65% of weight.

− Acciones|ARCELORMITTAL, S.A.

Leaves the portfolio; it was 3.45% 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|SCHAEFFLER GROUP

Leaves the portfolio; it was 3.36% of weight.

− Acciones|COOL COMPANY

Leaves the portfolio; it was 2.95% of weight.

− Acciones|KPS CONSULTING

Leaves the portfolio; it was 1.94% of weight.

▲ Acciones|RENAULT S.A.

Goes from 3.89% to 6.52%.

Renault SA engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas. The company operates through Automotive, Sales Financing, and Mobility Services segments. The Automotive segment produces, sells, and distributes passenger cars and light commercial vehicles. The Sale Financing segment is involved in the sales financing, rental, maintenance, and service contracts under the Mobilize Financial Services trade name. The Mobility Services segment provides mobility and energy solutions for electric vehicle users under the Mobilize Beyond Automotive brand. It offers used vehicles and spare parts; and engages in the business-to-business powertrain activities, and research and advanced engineering activities. The company also engages in the design and production of parts and equipment used for manufacturing and operation of vehicles. It serves commercial, light commercial and passenger vehicles, tractors, farm machinery and construction equipment under the Renault, Dacia, and Alpine brands. The company was founded in 1898 and is based in Boulogne-Billancourt, France.

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▲ Acciones|SATURN OIL & GAS INC

Goes from 1.64% to 4.13%.

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▲ Acciones|PLASTIVALOIRE

Goes from 2.14% to 3.60%.

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▲ Acciones|SOCIETE BIC SA

Goes from 1.56% to 2.85%.

Société BIC SA manufactures and sells stationery, lighter, shaver, and other products worldwide. It offers ballpoint, gel ink, erasable ink, writing felt-tip, learning to write, and fountain pens; mechanical and graphite pencils; proofreaders, glues, erasers, compasses, scissors, pencil sharpeners, notebooks and diaries, and other accessories; and refills. The company also provides coloring markers, colored pencils, kits and boxes, paint markers, highlighters and whiteboards permanent, and dry-erase markers. In addition, it offers rechargeable and non-rechargeable razors for men and women; multi-purpose utility lighters, and mini and maxi lighters; and classic, permanent, and temporary tattoo markers. Further, the company provides batteries and shaving preps; and advertising and promotional products. Additionally, it is involved in the provision of delivery services; production of industrial equipment; manufacture and sale of blades; and manufacture and distribution of consumer products, as well as insurance activities. The company markets its products primarily under the BIC, BIC Cristal, 4 Couleurs, M10, Intensity, Tipp ex, Velleda, BodyMark, Wite Out, Rocketbook, Inkbox, Tattly, EZ Reach, Djeep, Tangle Teezer, Cello, AMI, BIC Kids, BIC Evolution, Lucky, BIC Soleil, Gel-Ocity, Cristal Re'New, Atlantis, ECOlutions, and other brands through a range of channels, including retail mass-market distributors, traditional stores, and office product suppliers, as well as an e-commerce site. Société BIC SA was founded in 1944 and is headquartered in Clichy, France.

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▲ Acciones|BW OFFSHORE LTD

Goes from 6.61% to 7.57%.

BW Offshore Limited engages in the engineering of offshore production solutions in the Americas, Europe, Africa, Asia, and the Pacific. It operates through Floating Production, Storage, and Offloading (FPSO); and Floating Wind segments. The company is involved in the construction, lease, and operation of FPSOs, as well as floating offshore wind. BW Offshore Limited was founded in 1982 and is based in Hamilton, Bermuda.

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▲ Acciones|CALTAGIRONE SPA

Goes from 1.78% to 2.39%.

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▲ Acciones|BAYERISCHE MOTOREN WERKE

Goes from 1.88% to 2.45%.

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▲ Acciones|BIESSE

Goes from 1.90% to 2.34%.

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▲ Acciones|ORIGIN ENTERPRISES PUBLIC LTD

Goes from 2.28% to 2.56%.

Origin Enterprises plc provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally. It operates through two segments: Agriculture and Living Landscapes. The company provides integrated agronomy and on-farm services comprising agronomy advice, services, and inputs to arable, livestock, and fruit and vegetable growers; and seed, nutrition, biologicals, crop protection products; and digital tools and lab testing. It blends and distributes various fertilizers and nutrition products; and animal feed ingredients. In addition, the company offers a range of consultancy services; inputs and technical solutions in sports turf management, landscaping, and environmental conservation; advice, seeds, irrigation systems, nutrition, protection for sports professionals to protect their turf; line marking paint and equipment, and support for parking and recreation spaces for sports; and ecological and environmental services, such as planning consultancy, habitat management, and ecological assessments to organizations. Further, it engages in supply of professional-grade landscaping materials, including ground materials, reinforcement systems, drainage solutions, plants, trees, shrubs, and wholesale and B2C garden supplies to developers, construction contractors, architects, and landowners. Additionally, the company is involved in provender milling; manufacture and distribution of landscaping, forestry, and maintenance equipment; grain handling; ecology solutions; digital agricultural services group; property trading; IT implementation, maintaining, and licensing of software; grain and feed trading; and silo operation; as well as provides sports and amenities, turf management services, agricultural and construction inputs, and finance facilities and funding. The company was incorporated in 2006 and is based in Dublin, Ireland.

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▲ Acciones|EUTELSAT COMMUNICATIONS

Goes from 2.77% to 3.04%.

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▼ Acciones|THYSSENKRUPP AG

Goes from 4.91% to 2.19%.

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▼ Acciones|TULLOW OIL PLC

Goes from 6.32% to 3.88%.

Tullow Oil plc, an energy company, develops, produces, and sells oil and gas resources in Ghana and Côte d'Ivoire. The company was founded in 1985 and is headquartered in London, the United Kingdom.

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▼ Acciones|GRUPO URBAS

Goes from 2.20% to 0.01%.

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▼ Acciones|SEMAPA

Goes from 4.30% to 2.56%.

Semapa - Sociedade de Investimento e Gestão, SGPS, S.A., through its subsidiaries, engages in the production and sale of pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania. It operates through Pulp and Paper, Cement, and Other Businesses segments. The company produces and sells writing and printing thin paper, tissue paper, and moulded fibre packaging; researches, develops, produces, and sells forestry and agricultural products; and produces and sells bleached eucalyptus kraft pulp (BEKP), cork, and pine wood products, as well as electric and thermal energy. It is also involved in the production and sale of cement, ready-mixed concrete, aggregates, mortars, precast concrete, and hydraulic lime. In addition, the company engages in the production of aluminium e-bike frames; and the provision of services related to the recovery of animal by-products and food products containing animal-origin substances to produce fertilizers, animal feed, and biodiesel. The company was incorporated in 1991 and is based in Lisbon, Portugal.

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▼ Acciones|CHENIERE

Goes from 5.33% to 4.14%.

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▼ Acciones|FLEURY MICHON

Goes from 2.86% to 2.00%.

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▼ Acciones|BREMBO

Goes from 3.18% to 2.33%.

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▼ Acciones|BONDUELLE SCA

Goes from 3.47% to 2.69%.

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▼ Acciones|SES SA

Goes from 2.64% to 2.30%.

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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.