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FONSGLOBAL RENTA, FI

Category
Latest period
H2 2025
Positions
40

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.

40
Company Type Country Weight Price
ESTADO ESPAÑOL ES0L02601166 · EUR Deuda Publica Cotizada Memos 1 Anio ES 7.42%
ESTADO ESPAÑOL ES0000012O00 · EUR Deuda Publica Cotizada Mas 1 Anio ES 5.81%
Acciones|GOLDMAN SACHS GROUP XS2653978598 · EUR Renta Variable Cotizada XS 4.08%
ESTADO ESPAÑOL ES0000012M51 · EUR Deuda Publica Cotizada Mas 1 Anio ES 3.59%
ESTADO ESPAÑOL ES0000012411 · EUR Deuda Publica Cotizada Mas 1 Anio ES 3.38%
ESTADO ESPAÑOL ES00000124C5 · EUR Deuda Publica Cotizada Mas 1 Anio ES 3.11%
Acciones|CARNIVAL CORPORATION PA1436583006 · USD Renta Variable Cotizada PA 3.00%
ESTADO ESPAÑOL ES0000012N43 · EUR Deuda Publica Cotizada Mas 1 Anio ES 2.94%
Acciones|DUFRY AG CH0023405456 · CHF Renta Variable Cotizada CH 2.49% 47.00 CHF
Acciones|SOL MELIA ES0176252718 · EUR Renta Variable Cotizada ES 2.29% 10.13 EUR
Acciones|ALIBABA GROUP HOLDING-SP ADR US01609W1027 · USD Renta Variable Cotizada US 2.16% 119.34 USD
Acciones|BANCO DE SABADELL ES0113860A34 · EUR Renta Variable Cotizada ES 2.02%
ESTADO USA US91282CLR06 · USD Deuda Publica Cotizada Mas 1 Anio US 2.00%
Acciones|AIA GROUP HK0000069689 · HKD Renta Variable Cotizada HK 1.77%
Acciones|TEVA PHARMACEUTICAL US8816242098 · USD Renta Variable Cotizada US 1.53% 37.34 USD
Acciones|MEDTRONIC PLC IE00BTN1Y115 · USD Renta Variable Cotizada IE 1.42%
Acciones|JC DECAUX FR0000077919 · EUR Renta Variable Cotizada FR 1.34%
Acciones|INTERACTIVE BROKERS GROUP A US45841N1072 · USD Renta Variable Cotizada US 1.26%
Acciones|RYANAIR HOLDINGS IE00BYTBXV33 · EUR Renta Variable Cotizada IE 1.20%
INMOBILIARIA COLONIA XS2979643991 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.16%
Acciones|CIA VALE DO RIO DOCE US91912E1055 · USD Renta Variable Cotizada US 1.09% 14.59 USD
Acciones|TALGO ES0105065009 · EUR Renta Variable Cotizada ES 1.03% 2.71 EUR
Acciones|SAF HOLLAND DE000SAFH001 · EUR Renta Variable Cotizada DE 0.97% 22.80 EUR
Acciones|BUREAU VERITAS FR0006174348 · EUR Renta Variable Cotizada FR 0.94%
Acciones|ASSICURAZIONI GENERALI IT0000062072 · EUR Renta Variable Cotizada IT 0.93%
SIXT AG DE000A351WB9 · EUR Renta Fija Cotizada Mas 1 Anio DE 0.90%
ARCELORMITTAL XS2954181843 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.87%
Acciones|AKAMAI TECH US00971T1016 · USD Renta Variable Cotizada US 0.86%
Acciones|KOMATSU JP3304200003 · JPY Renta Variable Cotizada JP 0.69%
Acciones|TELEFÓNICA ES0178430E18 · EUR Renta Variable Cotizada ES 0.61%
Acciones|NOMURA HOLDINGS INC. JP3762600009 · JPY Renta Variable Cotizada JP 0.61%
BANCO SANTANDER TOTT PTBSPHOM0027 · EUR Renta Fija Cotizada Mas 1 Anio PT 0.59%
KUTXABANK ES0343307023 · EUR Renta Fija Cotizada Mas 1 Anio ES 0.59%
TOYOTA MOTOR CORPORA XS2791973055 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.58%
ACHMEA BV XS2761358055 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.57%
ANDORRA INTERNATINAL XS2445667236 · EUR Deuda Publica Cotizada Mas 1 Anio XS 0.57%
PULEVA XS2385393405 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.56%
Acciones|WEST JAPAN RAILWAY JP3659000008 · JPY Renta Variable Cotizada JP 0.53%
Acciones|WIZZ AIR HOLDINGS PLC JE00BN574F90 · GBP Renta Variable Cotizada JE 0.42% 1060.00 GBp
Acciones|NIDEC CORPORATION JP3734800000 · JPY Renta Variable Cotizada JP 0.20%

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 1 Exits: 1 Increases: 4 Cuts: 9
+ Acciones|AKAMAI TECH

Enters the portfolio at 0.86% weight.

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− FRENCH DISCOUNT T BI

Leaves the portfolio; it was 6.27% of weight.

▲ Acciones|TEVA PHARMACEUTICAL

Goes from 0.90% to 1.53%.

Teva Pharmaceutical Industries Limited develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally. It offers generic medicines in various dosage forms, such as tablets, capsules, injectables, inhalants, liquids, transdermal patches, ointments, and creams; sterile products, hormones, high-potency drugs, and cytotoxic substances in parenteral and solid dosage forms; and generic products with medical devices and combination products. The company also focuses on the central nervous system (CNS), respiratory, oncology, and other areas. It provides active pharmaceutical ingredients, as well as contract manufacturing services; and operates an out-licensing platform that offers a portfolio of products to other pharmaceutical companies. The company also offers BENDEKA and TREANDA injections for the treatment of chronic lymphocytic leukemia and indolent b-cell non-hodgkin's lymphoma; COPAXONE, glatiramer acetate injection to treat patients with relapsing forms of multiple sclerosis; AJOVY for the preventive treatment of migraine in adults; AUSTEDO for the treatment of tardive dyskinesia, chorea associated with Huntington's disease and tardive dyskinesia; UZEDY for the treatment of schizophrenia; QVAR RediHaler to treat asthma; BRALTUS, a long-acting muscarinic antagonist; CINQAIR/CINQAERO injection; DuoResp Spiromax budesonide and formoterol powder inhaler; AirDuo RespiClick fluticasone propionate and salmeterol inhalation powder; and ProAir RespiClick inhalation powder. It offers its OTC products under the SUDOCREM, NasenDuo, DICLOX FORTE, OLFEN Max, and FLEGAMINA brand names. The company has collaboration agreements with MedinCell S.A.; Sanofi; Alvotech; and Biolojic Design Ltd., as well as license agreement with MODAG GmbH. Teva Pharmaceutical Industries Limited was founded in 1901 and is based in Tel Aviv-Yafo, Israel.

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▲ Acciones|ALIBABA GROUP HOLDING-SP ADR

Goes from 1.82% to 2.16%.

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses in the People's Republic of China and internationally. It operates through the Alibaba China E-Commerce Group, Alibaba International Digital Commerce Group, Cloud Intelligence Group, and All Others segments. The Alibaba China E-commerce Group segment operates Taobao and Tmall, which are digital retail platforms; Taobao Instant Commerce, a local services and on-demand delivery platform; 1688.com, a domestic wholesale marketplace; and Xianyu, a consumer-to-consumer community and marketplace for idle goods. Its Alibaba International Digital Commerce Group segment includes AliExpress, a global e-commerce platform; Trendyol, an e-commerce platform in Turkey; Lazada, an e-commerce platform in Southeast Asia; Daraz, an e-commerce platform in South Asia, primarily in Pakistan and Bangladesh; and Alibaba.com, an integrated international online wholesale marketplace. The Cloud Intelligence Group segment offers a suite of cloud services based on infrastructure-as-a-service, platform-as-a-service, and model-as-a-service. Its All Others segment comprises Amap, a provider of mobile digital maps, navigation, and real-time traffic information in China; Cainiao, which provides logistics solutions; Youku, an online long-form video platform in China; Freshippo, a retail platform for groceries and fresh goods; and Alibaba Health, a pharmaceutical and healthcare services platform. Alibaba Group Holding Limited was incorporated in 1999 and is based in Hangzhou, China.

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▲ Acciones|BANCO DE SABADELL

Goes from 1.78% to 2.02%.

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▲ Acciones|CIA VALE DO RIO DOCE

Goes from 0.89% to 1.09%.

Vale S.A., together with its subsidiaries, produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania. The company operates in two segments, Iron Ore Solutions and Vale Base Metals. It extracts, produces, and distributes iron ore, iron ore pellets, briquettes, nickel, copper, other ferrous products, and by-products, including gold, silver, cobalt, platinum-group metals, and other base metals, as well as low-carbon critical minerals. The company also operates logistics systems and distribution centers, such as mining complexes, railways, and maritime terminals, ports, and ships; generates energy from hydroelectric, solar, and wind sources; and engages in greenfield mineral exploration. In addition, it is involved in research; and trading activities. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio De Janeiro, Brazil.

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▼ ESTADO ESPAÑOL

Goes from 8.11% to 7.42%.

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▼ ESTADO ESPAÑOL

Goes from 6.38% to 5.81%.

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▼ ESTADO ESPAÑOL

Goes from 3.75% to 3.38%.

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▼ ESTADO ESPAÑOL

Goes from 3.95% to 3.59%.

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▼ ESTADO ESPAÑOL

Goes from 3.45% to 3.11%.

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▼ Acciones|RYANAIR HOLDINGS

Goes from 1.52% to 1.20%.

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▼ ESTADO ESPAÑOL

Goes from 3.23% to 2.94%.

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▼ Acciones|TELEFÓNICA

Goes from 0.86% to 0.61%.

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▼ Acciones|SAF HOLLAND

Goes from 1.19% to 0.97%.

SAF-Holland SE manufactures and sells chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses. The company offers axle and air suspension systems, fifth wheels and systems, coupling systems, kingpins, and landing gears, as well as braking and EBS systems, lighting systems, and disc brakes. It markets its products under the SAF, Holland, Haldex, Neway, KLL, V.Orlandi, TrailerMaster, Assali Stefen, Tecma, and York brands. The company serves original equipment manufacturers. It primarily operates in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. SAF-Holland SE was founded in 1881 and is headquartered in Bessenbach, Germany.

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Fixed income

Declared FI exposure
6.0 M €
% of portfolio
34.6%
Positions
16
Issuers
11
Sovereign: 5.0 M € Corporate: 1.0 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 · 21.4%1-2 years · 5.9%2-5 years · 51.1%5-10 years · 19.9%Unknown · 1.7%
Maturity Positions Exposure %
Matured or ≤3 months 1 1.3 M € 21.4%
3-6 months 0 0 € 0.0%
6-12 months 0 0 € 0.0%
1-2 years 3 351,747 € 5.9%
2-5 years 8 3.1 M € 51.1%
5-10 years 3 1.2 M € 19.9%
> 10 years 0 0 € 0.0%
Unknown 1 101,772 € 1.7%

Top issuers

The 10 issuers with the largest declared exposure in this fund, repos excluded.

Issuer Type ISINs Exposure Next maturity
Reino de España Sovereign 6 4.5 M € 2026-01-16
United States Treasury Sovereign 1 346,274 € 2029-10-31
INMOBILIARIA COLONIA Corporate 1 200,250 € 2030-01-22
SIXT AG Corporate 1 156,005 € 2027-10-09
ARCELORMITTAL Corporate 1 150,716 € 2028-12-13
BANCO SANTANDER TOTT Corporate 1 101,772 €
KUTXABANK SA Bank 1 101,611 € 2028-02-01
TOYOTA MOTOR CORPORA Corporate 1 100,484 € 2028-03-22
ACHMEA BV Corporate 1 99,036 € 2034-02-07
ANDORRA INTERNATINAL Sovereign 1 98,438 € 2027-02-23

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
ES0L02601166 Reino de España 1.95% 2026-01-16 1.3 M €
ES0000012O00 Reino de España 2.70% 2030-01-31 1.0 M €
ES0000012M51 Reino de España 3.50% 2029-05-31 620,802 €
ES0000012411 Reino de España 5.75% 2032-07-30 585,845 €
ES00000124C5 Reino de España 5.15% 2028-10-31 538,480 €
ES0000012N43 Reino de España 3.10% 2031-07-30 508,750 €
US91282CLR06 United States Treasury 2.06% 2029-10-31 346,274 €
XS2979643991 INMOBILIARIA COLONIA 3.25% 2030-01-22 200,250 €
DE000A351WB9 SIXT AG 5.12% 2027-10-09 156,005 €
XS2954181843 ARCELORMITTAL 3.12% 2028-12-13 150,716 €

Currencies

Fixed-income exposure by instrument currency.

Currency Exposure %
EUR 5.6 M € 94.2%
USD 346,274 € 5.8%

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: 0 Exits at maturity: 1 Exits not explained by maturity: 0
◦ FRENCH DISCOUNT T BI

Leaves the portfolio; it was 6.27% 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.