Manager
GESBUSA, S.A., S.G.I.I.C.
See the CNMV manager universe →
Fund page
FONBUSA MIXTO, FI
Category
—
Latest period
H2 2025
Positions
61
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.
61
Company
Type
Country
Weight
Price
This period's moves
H2 2025 vs H1 2025 (estimated)
New: 6
Exits: 6
Increases: 7
Cuts: 4
− BNP REPOS
Leaves the portfolio; it was 11.97% of weight.
− BNP REPOS
Leaves the portfolio; it was 5.84% of weight.
− ACCIONA SA
Leaves the portfolio; it was 0.77% of weight.
− BANCO SANTANDER SA
Leaves the portfolio; it was 0.77% of weight.
− ACCIONES|LINDE PLC
Leaves the portfolio; it was 0.73% of weight.
− GREENALIA SA
Leaves the portfolio; it was 0.25% of weight.
▲ ACCIONES|ACERINOX SA
Goes from 0.28% to 1.02%.
Acerinox, S.A., together with its subsidiaries, manufactures and distributes stainless steel and high-performance alloys in Spain, the United States, Africa, Asia, rest of Europe, and internationally. It operates through Stainless Steel and High-Performance Alloys segments. The company offers flat products, including slab, billet, black coil, plate, engraved coil/sheet, cold rolled coil and sheet, hot rolled coil and sheet, and circles; and stainless steel grades comprising austenitic, ferritic, duplex, and martensitic, as well as wire stainless steels for welding. It also provides long stainless steel products, such as wire, colour coated wire, reinforcement wire, wire rod, hexagonal wire rod, bar, hot rolled and cold rolled reinforcement bar, peeled bar, black bar, profiles, hot rolled reinforcement coil, and angles. In addition, the company offers high performance alloys, including nickel and nickel alloys, cobalt alloys, zirconium, special stainless steels, aluminum and copper, powder for 3D printing, and welding consumables. Its products are used for transport, industrial equipment and engineering, construction and infrastructure, food industry, household appliances and kitchenware, and energy and environmental technology applications. Acerinox, S.A. was incorporated in 1970 and is headquartered in Madrid, Spain.
View company page →▲ ACCIONES|SACYR SA
Goes from 1.16% to 1.65%.
Sacyr, S.A. engages in the development and operation of infrastructure concessions worldwide. It is involved in the infrastructure development, such as transportation, sanitation, water, and waste treatment; development of large-scale civil engineering, industrial transport infrastructure, and building projects; water treatment, purification, desalination, purification, and reuse, as well as operation and maintenance of facilities. The company was formerly known as Sacyr Vallehermoso S.A. and changed its name to Sacyr, S.A. in August 2013. Sacyr, S.A. is based in Madrid, Spain.
View company page →Fixed income
Declared FI exposure
6.0 M €
% of portfolio
12.8%
Positions
27
Issuers
27
Sovereign: 500,352 €
Corporate: 5.5 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.
Matured or ≤3 months · 5.0%3-6 months · 9.9%6-12 months · 5.0%1-2 years · 10.8%2-5 years · 45.5%5-10 years · 23.9%
Maturity
Positions
Exposure
%
Matured or ≤3 months
1
299,491 €
5.0%
3-6 months
2
596,333 €
9.9%
6-12 months
2
300,253 €
5.0%
1-2 years
3
653,347 €
10.8%
2-5 years
12
2.8 M €
45.5%
5-10 years
7
1.4 M €
23.9%
> 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
LLOYDS TSB BANK PLC
Corporate
1
319,319 €
2030-09-21
SANDOZ GROUP AG
Corporate
1
317,470 €
2033-11-17
GOLDMAN SACHS GROUP
Corporate
1
301,448 €
2028-01-23
SIEMENS ENERGY FINAN
Corporate
1
300,300 €
2026-04-05
SACYR SA
Corporate
1
299,491 €
2026-03-23
Reino de España
Sovereign
1
297,833 €
2035-10-31
CARREFOUR
Corporate
1
296,033 €
2026-05-04
EDP FINANCE BV
Corporate
1
267,626 €
2029-11-30
WHINTERSHALL DEA FIN
Corporate
1
263,997 €
2031-09-25
SWEDBANK AB
Corporate
1
263,934 €
2030-09-05
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
XS2690137299 LLOYDS TSB BANK PLC
4.75%
2030-09-21
319,319 €
XS2715941949 SANDOZ GROUP AG
4.50%
2033-11-17
317,470 €
XS2983840435 GOLDMAN SACHS GROUP
2.84%
2028-01-23
301,448 €
XS2601458602 SIEMENS ENERGY FINAN
4.00%
2026-04-05
300,300 €
XS2597671051 SACYR SA
6.30%
2026-03-23
299,491 €
ES0000012P33 Reino de España
3.20%
2035-10-31
297,833 €
FR0013383213 CARREFOUR
1.75%
2026-05-04
296,033 €
XS2822505439 EDP FINANCE BV
5.88%
2029-11-30
267,626 €
XS2055079904 WHINTERSHALL DEA FIN
1.82%
2031-09-25
263,997 €
XS2676305779 SWEDBANK AB
4.38%
2030-09-05
263,934 €
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: 3
Exits not explained by maturity: 0
+ TESORO PUBLICO
Enters the portfolio at 0.63% weight.
+ IBERCAJA BANCO SA
Enters the portfolio at 0.47% weight.
+ PROSEGUR COMPAÑIA DE
Enters the portfolio at 0.42% weight.
+ EL CORTE INGLES
Enters the portfolio at 0.42% weight.
◦ ACCIONA SA
Leaves the portfolio; it was 0.77% of weight.
◦ BANCO SANTANDER SA
Leaves the portfolio; it was 0.77% of weight.
◦ GREENALIA SA
Leaves the portfolio; it was 0.25% 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.