Manager
ANDBANK WEALTH MANAGEMENT, SGIIC, S.A.U.
See the CNMV manager universe →
Fund page
ESTELA GLOBAL EQUITIES, FI
Category
—
Latest period
H2 2025
Positions
25
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.
25
Company
Type
Country
Weight
Price
This period's moves
H2 2025 vs H1 2025 (estimated)
New: 12
Exits: 14
Increases: 6
Cuts: 7
+ ACCIONES|Edenred
Enters the portfolio at 6.23% weight.
Edenred SE operates as a digital platform for services and payments for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, a solution that allows employees to take time out for lunch at a partner merchant; Ticket Alimentación, which allows users to pay for groceries in stores and supermarkets; Edenred Regalo, a gift voucher; Ticket CESU, a human services solution; Edenred City, a solution that enables the purchase of staples, such as food and fuel; Welfare Edenred, which employees can use to pay for various services, including access to sports facilities and solutions for their children's educational needs; Edenred Eco, a solution that encourages the purchase of environmentally friendly products in Belgium; and Kadéos Culture in France and Ticket Cultura in Brazil for cultural goods and services, as well as mobility solutions through Edenred Mobility. The company also offers mobility solutions comprising Ticket Car for employees to pay for fuel and other business travel expenses; Empresarial, which enables companies to control spending to reimburse expense claims; Cintelink, a smart cloud platform for service stations and commercial fleets; UTA Edenred, a fuel card; Ticket Fleet Pro for truck fleet management; Edenred Finance that provides refund services to European transportation companies; The Right Fuel Card, a fuel card manager; and Spirii, a platform for recharging electric vehicles. In addition, it provides complementary solutions comprising corporate payment, incentive and rewards, salary card solutions; and benefits and engagement programs. Edenred SE was founded in 1962 and is headquartered in Issy-les-Moulineaux, France.
View company page →+ ACCIONES|Douglas AG
Enters the portfolio at 3.20% weight.
Douglas AG retails beauty products in Europe. It operates in five segments: DACHNL, France, Southern Europe, Central Eastern Europe, and Parfumdreams/Niche Beauty. The company offers beauty products, including perfume, skin care, color cosmetics, hair care, and accessories. It offers its products under the DOUGLAS, NOCIBÉ, Parfumdreams, and Niche Beauty brands through offline and online stores, and e-commerce platforms. The company was formerly known as Kirk Beauty A GmbH and changed its name to Douglas AG in February 2024. Douglas AG was founded in 1821 and is headquartered in Düsseldorf, Germany.
View company page →− ACCIONES|Rentokil Initial
Leaves the portfolio; it was 7.28% of weight.
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|Estee Lauder Compani
Leaves the portfolio; it was 6.49% of weight.
− ACCIONES|Burberry Group Plc
Leaves the portfolio; it was 4.62% of weight.
− ACCIONES|Kinepolis
Leaves the portfolio; it was 4.22% of weight.
Kinepolis Group NV operates and manages cinemas in Belgium, Canada, France, the Netherlands, the United States, Spain, Luxembourg, and Switzerland. The company operates cinema complexes under the KINEPOLIS, Landmark Cinemas, MJR THEATRES, and Emagine Entertainment brands. It also offers beverages, snacks, and non-food items within cinema complexes; and a range of media channels, which allow businesses to connect with audiences. In addition, the company is involved in hosting corporate events, conferences, and private screenings; in-theatre advertising; and film distribution. The company was incorporated in 1976 and is based in Brussels, Belgium.
View company page →− ACCIONES|Associated British F
Leaves the portfolio; it was 4.09% of weight.
− BANCO INVERSIS, S.A.
Leaves the portfolio; it was 2.95% of weight.
− ACCIONES|Dollar Tree Inc.
Leaves the portfolio; it was 2.81% of weight.
− ACCIONES|SPIRAX GROUP PLC
Leaves the portfolio; it was 2.67% of weight.
− ACCIONES|Frontdoor Inc
Leaves the portfolio; it was 2.42% of weight.
− ACCIONES|Douglas AG
Leaves the portfolio; it was 1.76% of weight.
− ACCIONES|Seria Co Ltd
Leaves the portfolio; it was 1.55% of weight.
− ACCIONES|Mohawk
Leaves the portfolio; it was 1.49% of weight.
− ACCIONES|Dollar general Corp
Leaves the portfolio; it was 1.22% of weight.
Fixed income
Declared FI exposure
14.3 M €
% of portfolio
11.6%
Positions
1
Issuers
0
Sovereign: 0 €
Corporate: 0 €
Repos / treasury management: 14.3 M €
Maturity ladder
Observed contractual maturity of each position, repos excluded. Matured/≤3 months includes bonds maturing in the first days after the period close.
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
0
0 €
0.0%
> 10 years
0
0 €
0.0%
Unknown
0
0 €
0.0%
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.