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Ficha de fondo

GESEM, FI

Categoria
—
Ultimo periodo
2S 2025
Posiciones
28

Cartera notificada con cierre 2025-12-31. Fuente: informe periodico en la CNMV. Ver informe original (PDF)

Cartera completa

Todas las posiciones del ultimo informe periodico, de mayor a menor peso. Los agregados ("resto de renta variable...") son cestas de posiciones pequenas que el propio informe no desglosa linea a linea.

28
Empresa Tipo Pais Peso Precio
BANCO INVERSIS, S.A. ES0L02601166 · EUR Adquisicion Temporal Activos ES 7.68% —
ACCIONES|Airbus NL0000235190 · EUR Renta Variable Cotizada NL 3.59% 198.82 EUR
ACCIONES|Alphabet US02079K1079 · USD Renta Variable Cotizada US 2.98% 336.91 USD
ACCIONES|Alphabet US02079K3059 · USD Renta Variable Cotizada US 2.97% 336.91 USD
ACCIONES|Halma Plc GB0004052071 · GBP Renta Variable Cotizada GB 2.86% 3428.00 GBp
ACCIONES|Visa Inc Class A US92826C8394 · USD Renta Variable Cotizada US 2.83% 402.61 USD
ACCIONES|Air Liquide FR0000120073 · EUR Renta Variable Cotizada FR 2.03% 173.16 EUR
ACCIONES|Mastercard, Inc. US57636Q1040 · USD Renta Variable Cotizada US 2.03% 617.42 USD
ACCIONES|Ashtead Group PLC GB0000536739 · GBP Renta Variable Cotizada GB 2.03% 6.00 EUR
ACCIONES|Booking Holdings Inc US09857L1089 · USD Renta Variable Cotizada US 1.91% 163.45 USD
ACCIONES|Allianz AG DE0008404005 · EUR Renta Variable Cotizada DE 1.90% 433.90 EUR
ACCIONES|Muenchener Rueckvers DE0008430026 · EUR Renta Variable Cotizada DE 1.57% 547.20 EUR
ACCIONES|AMERICAN WATER US0304201033 · USD Renta Variable Cotizada US 1.55% 134.94 USD
ALLIANZ FINANCE II B DE000A1HG1L4 · GBP Renta Fija Cotizada Mas 1 Anio DE 1.42% —
Grupo Emp. ENCE ES0530625179 · EUR Renta Fija No Cotizada ES 1.35% —
ACCIONES|Coloplast DK0060448595 · DKK Renta Variable Cotizada DK 1.07% 472.20 DKK
ACCIONES|Microsoft Corp US5949181045 · USD Renta Variable Cotizada US 1.04% 529.05 USD
ACCIONES|Danaher Corp US2358511028 · USD Renta Variable Cotizada US 0.96% 229.04 USD
ACCIONES|Walt Disney Company US2546871060 · USD Renta Variable Cotizada US 0.88% 110.59 USD
ACCIONES|VISCOFAN ES0184262212 · EUR Renta Variable Cotizada ES 0.62% 54.00 EUR
ACCIONES|Nike INC US6541061031 · USD Renta Variable Cotizada US 0.57% 37.13 USD
APPLE INC US037833CR93 · USD Renta Fija Cotizada Mas 1 Anio US 0.57% 343.46 USD
HONEYWELL INTERNATIO US438516BL94 · USD Renta Fija Cotizada Menos 1 Anio US 0.56% 211.41 USD
ACCIONES|Amazon.co, Inc. US0231351067 · USD Renta Variable Cotizada US 0.55% 250.00 USD
ACCIONES|L´oreal FR0000120321 · EUR Renta Variable Cotizada FR 0.52% 407.40 EUR
ACCIONES|Home Depot US4370761029 · USD Renta Variable Cotizada US 0.45% 309.63 USD
ACCIONES|Accenture Ltd A IE00B4BNMY34 · USD Renta Variable Cotizada IE 0.37% 229.68 USD
ACCIONES|ChuDwig US1713401024 · USD Renta Variable Cotizada US 0.35% 104.53 USD

Movimientos del periodo

2S 2025 frente a 1S 2025 (estimada)

Nuevas: 2 Salidas: 8 Incrementos: 2 Recortes: 5
+ BANCO INVERSIS, S.A.

Entra en la cartera con un 7.68% de peso.

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+ ALLIANZ FINANCE II B

Entra en la cartera con un 1.42% de peso.

Ver ficha de la empresa →
− BANCO SANTANDER SA

Sale de la cartera; tenia un 1.62% de peso.

Banco Santander, S.A. provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide. The company operates through five segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services. The company also provides credit and debit cards, real estate loans, microfinance, and auto loans; corporate and investment banking services; advice on mergers and acquisitions; wealth, asset, and risk management services; and digital payments and technology solutions. In addition, it is involved in the securitization, leasing, management of portfolios, e-commerce, air transport, aircraft rental, software, consulting, fund and investment management, renewable energy, vehicle rental, insurance, advertising, marketing, telemarketing, automotive, agricultural, factoring, securities brokerage and investment, pension fund management, trade intermediary, venture capital fund, renting, restaurant, electricity production, IT, internet, and financial advisory and other activities; management, and other real estate activities; and purchase and sale of vehicles. Further, the company offers mobile and online banking services. Banco Santander, S.A. was formerly known as Banco Santander Central Hispano SA and changed its name to Banco Santander, S.A. in February 2007. The company was incorporated in 1856 and is headquartered in Madrid, Spain.

− Grupo Acciona (B.Inv

Sale de la cartera; tenia un 1.49% de peso.

− Cie Automotive SA

Sale de la cartera; tenia un 1.49% de peso.

CIE Automotive, S.A., together with its subsidiaries, manufactures and sells automotive parts and components in North America, Brazil, Asia, CIE Forging Europe, and rest of Europe. The company offers powertrain and gearbox products, including brackets, pistons, camshaft bearing housing, tube assemblies, gasoline common rail, valve guide, double clutch component, body pump, crankshaft cap, camshaft cover and bearing, air tank, crankshaft, turbo housing, diesel common rail, gearbox housing, and ladder frame; and chassis, steering, and structural parts comprising structural parts, hubs and outer rings, EPS housing and component, steering nut and housing, axle arm, airbag frame, steering column braket and tube, spindles, control arm, rear axle support, suspension, caliper brackets, and front/rear knuckles. It also provides transmission and brake products, such as motor housing, pins for differential case, planetary carrier, clutch and transmission housing, differential components, planetary carrier, differential crown and reductor fixed gear, oil pan, differential housing, differential case, flanges, CV-joint, sprocket, double clutch component, brake booster, axle shaft, I-booster, and transmission yokes; interior and exterior trim products, including storage and glove compartment, central console, ashtray, trim and seat part, seat and front cover, load floor composite spray molding, emblem, crossbeam, seat part and component, connector and junction boxes, rear window package tray, in mould decoration, wheel cover, rear view mirrors, door handle, arm rest, cup holder, pilars, grab handles, and speaker grill. In addition, the company offers roof systems; and commercial vehicle products, such as lay and input shaft, lever, brake camshaft, differential housing, front lid, air suspension braket, brake drum, injection pump, sector shaft, stabilizer bar, battery box component, and axle beam. CIE Automotive, S.A. was incorporated in 1939 and is headquartered in Bilbao, Spain.

− Grupo Acciona (B.Inv

Sale de la cartera; tenia un 1.48% de peso.

− Grupo Acciona (B.Inv

Sale de la cartera; tenia un 1.48% de peso.

− Sacyr Valleherm(B.in

Sale de la cartera; tenia un 1.48% de peso.

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.

− JOHNSON & JOHNSON

Sale de la cartera; tenia un 0.58% de peso.

Johnson & Johnson, together with its subsidiaries, engages in the research and development, manufacture, and sale of a range of products in the healthcare field worldwide. It operates in two segments, Innovative Medicine and MedTech. The Innovative Medicine segment offers products for various therapeutic areas, such as oncology, immunology, neuroscience, pulmonary hypertension, infectious diseases, and cardiovascular and metabolism distributed through retailers, wholesalers, distributors, hospitals, and healthcare professionals for prescription use. The MedTech segment provides a portfolio of products used in the surgery, orthopedic, cardiovascular, and vision fields distributed through wholesalers, hospitals and retailers, and used in the professional fields by physicians, nurses, hospitals, eye care professionals and clinics. This segment also offers products and enabling technologies that support joint reconstruction, trauma, spine, sports related injuries, and others, as well as open, laparoscopic, and robotic surgical procedures; instrumentation, energy devices, stapling systems, wound closure, biosurgery products, and digital and robotic technologies; breast aesthetics and reconstruction; contact lenses under the ACUVUE brand; intraocular lenses for cataract surgery, and other products used in cataract and refractive procedures under the TECNIS brand. The company was founded in 1886 and is based in New Brunswick, New Jersey.

− BANCO INVERSIS, S.A.

Sale de la cartera; tenia un 0.13% de peso.

▲ ACCIONES|Alphabet

Pasa del 1.80% al 2.97%.

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in Google Play and YouTube; and devices, as well as the provision of YouTube consumer subscription services, such as YouTube TV, YouTube Music and Premium, NFL Sunday Ticket, and Google One. The Google Cloud segment offers consumption-based fees and subscriptions for AI solutions, including AI infrastructure, Vertex AI platform, and Gemini enterprise. It also provides cybersecurity, and data and analytics services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet; and other enterprise services. The Other Bets segment sells transportation and internet services. Alphabet Inc. was incorporated in 1998 and is headquartered in Mountain View, California.

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▲ ACCIONES|Alphabet

Pasa del 1.81% al 2.98%.

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in Google Play and YouTube; and devices, as well as the provision of YouTube consumer subscription services, such as YouTube TV, YouTube Music and Premium, NFL Sunday Ticket, and Google One. The Google Cloud segment offers consumption-based fees and subscriptions for AI solutions, including AI infrastructure, Vertex AI platform, and Gemini enterprise. It also provides cybersecurity, and data and analytics services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet; and other enterprise services. The Other Bets segment sells transportation and internet services. Alphabet Inc. was incorporated in 1998 and is headquartered in Mountain View, California.

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▼ ACCIONES|Air Liquide

Pasa del 2.39% al 2.03%.

L'Air Liquide S.A. provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, and Engineering & Construction segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, materials and chemicals, food and pharmaceuticals, technology and research, and fabrication and construction sectors. This segment also includes healthcare business, which provides medical gases, home healthcare services, medical equipment, and specialty ingredient; healthcare professionals, and hospitals; and electronic business supply carrier gases, electronic specialty and advanced materials, equipment and installation, service, and analysis to semiconductor, flat panel, and photovoltaic markets. The Engineering & Construction segment designs, develops, and builds industrial gas production plants to third parties; and designs and manufacture plants in the traditional, renewable, and alternative energy sectors. This segment also focuses on markets which require a global approach, drawing on science, technologies, development models, and usages related to digital transformation. L'Air Liquide S.A. was incorporated in 1902 and is headquartered in Paris, France.

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▼ ACCIONES|Booking Holdings Inc

Pasa del 2.21% al 1.91%.

Booking Holdings Inc., together with its subsidiaries, provides online and traditional travel and restaurant reservations and related services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates Booking.com, which offers online accommodation reservations; and Priceline, which provides discount travel reservations services, as well as online accommodation, flight, rental car reservation services, vacation packages, cruises, activity, and affiliate programs. It also operates Agoda that offers online accommodation reservation, flight, ground transportation, and attractions. In addition, the company operates KAYAK, an online meta-search service that allows consumers to search and compare travel itineraries and prices; and OpenTable for booking online restaurant reservations, as well as reservation management services to restaurants. Further, it offers travel-related insurance products, payment facilitation, and restaurant management services to consumers, travel service providers, and restaurants; and advertising services. The company was formerly known as The Priceline Group Inc. and changed its name to Booking Holdings Inc. in February 2018. Booking Holdings Inc. was founded in 1997 and is headquartered in Norwalk, Connecticut.

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▼ ACCIONES|Visa Inc Class A

Pasa del 3.07% al 2.83%.

Visa Inc. operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a platform which facilitates money movement, enabling clients to collect, hold, convert, and send funds across its network; and issuing solutions, such as airport lounge access, dining reservations, shopping experiences, event tickets, and seller offers. In addition, the company provides acceptance solutions, an omnichannel payment integration with e-commerce platforms; risk detection and prevention solutions; and advisory and other services comprising consulting practice, proprietary analytics models, data scientists and economists, marketing services, and managed services. It provides its services under the Visa, Visa Electron, V PAY, Interlink, and PLUS brands. The company serves consumers, sellers, financial institutions, and government entities. Visa Inc. was founded in 1958 and is headquartered in San Francisco, California.

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▼ ACCIONES|AMERICAN WATER

Pasa del 1.77% al 1.55%.

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services on military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. The company also operates approximately 80 surface water treatment plants; 520 groundwater treatment plants; 170 wastewater treatment plants; 55,000 miles of transmission, distribution, and collection mains and pipes; 1,200 groundwater wells; 1,800 water and wastewater pumping stations; 1,100 treated water storage facilities; and 75 dams. In addition, it offers water and wastewater services to 14 states serving approximately 3.6 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. The company was founded in 1886 and is headquartered in Camden, New Jersey.

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▼ ACCIONES|Coloplast

Pasa del 1.27% al 1.07%.

Coloplast A/S engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally. The company operates through Chronic Care, Continence Care, Voice and Respiratory Care, Interventional Urology, and Advanced Wound Dressings and Biologics segments. It provides ostomy care products, including SenSura Mio, which provides fit individual body shapes and discretion for various types of ostomies; and SenSura Ostomy care solutions, as well as ostomy accessories under the Brava brand. The company also offers continence care products, such as Conveen Active urine bags; SpeediCath catheters that offer catheterization for both genders; Peristeen Plus, a transanal irrigation system; and Peristeen Light, a low-volume transanal irrigation. In addition, it provides wound care products comprising conforming dressing under the Biatain Silicone brand and hydrocolloid dressing under the Comfeel brand. Further, the company develops, produces, and markets products for the surgical treatment of urological and gynecological disorders, such as erectile dysfunction, urinary stone diseases, benign prostate hyperplasia, voiding dysfunctions, and urinary incontinence. Additionally, its voice and respiratory care solutions include laryngectomy care products comprising Provox, a voice prosthesis for speaking, HMEs, adhesives, laryngectomy tubes for breathing, devices for speaking hands-free, and accessories, as well as tracheostomy care products under Tracoe brand. Coloplast A/S was founded in 1954 and is headquartered in Humlebæk, Denmark.

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Renta fija

Exposición RF declarada
830,268 €
% de la cartera
11.6%
Posiciones
5
Emisores
4
Soberano: 0 € Corporativo: 279,268 € Repos / gestión de tesorería: 551,000 €

Escalera de vencimientos

Vencimiento contractual observado de cada posición, sin repos. Vencido/≤3 meses incluye bonos que vencen en los primeros días tras el cierre del periodo.

Vencido o ≤3 meses · 34.6%6-12 meses · 14.3%1-2 años · 14.5%> 10 años · 36.5%
Vencimiento Posiciones Exposición %
Vencido o ≤3 meses 1 96,696 € 34.6%
3-6 meses 0 0 € 0.0%
6-12 meses 1 40,052 € 14.3%
1-2 años 1 40,586 € 14.5%
2-5 años 0 0 € 0.0%
5-10 años 0 0 € 0.0%
> 10 años 1 101,934 € 36.5%
Desconocido 0 0 € 0.0%

Top emisores

Los 10 emisores con mayor exposición declarada en este fondo, sin repos.

Emisor Tipo Nº ISIN Exposición Próximo vencimiento
ALLIANZ FINANCE II B Corporativo 1 101,934 € 2043-03-13
Grupo Emp. ENCE Corporativo 1 96,696 € 2026-02-26
APPLE INC Corporativo 1 40,586 € 2027-05-11
HONEYWELL INTERNATIO Corporativo 1 40,052 € 2026-11-01

Top instrumentos

Los 10 instrumentos con mayor exposición declarada. Sin yield, TIR ni rating: no hay dato fiable para calcularlos.

ISIN Cupón Vencimiento Exposición
DE000A1HG1L4 ALLIANZ FINANCE II B 4.50% 2043-03-13 101,934 €
ES0530625179 Grupo Emp. ENCE 3.49% 2026-02-26 96,696 €
US037833CR93 APPLE INC 3.20% 2027-05-11 40,586 €
US438516BL94 HONEYWELL INTERNATIO 2.50% 2026-11-01 40,052 €

Divisas

Exposición RF por divisa del instrumento.

Divisa Exposición %
EUR 647,696 € 78.0%
GBP 101,934 € 12.3%
USD 80,638 € 9.7%

Movimientos de renta fija del periodo

Compara la cartera RF actual con la del periodo anterior, por ISIN. Una salida coincidente con vencimiento no es una venta: el bono llegó a su fecha contractual.

Nuevas posiciones: 1 Salidas por vencimiento: 6 Salidas no explicadas por vencimiento: 1
+ ALLIANZ FINANCE II B

Entra en la cartera con un 1.42% de peso.

− BANCO SANTANDER SA

Sale de la cartera; tenía un 1.62% de peso.

◦ Grupo Acciona (B.Inv

Sale de la cartera; tenía un 1.49% de peso.

◦ Cie Automotive SA

Sale de la cartera; tenía un 1.49% de peso.

◦ Grupo Acciona (B.Inv

Sale de la cartera; tenía un 1.48% de peso.

◦ Grupo Acciona (B.Inv

Sale de la cartera; tenía un 1.48% de peso.

◦ Sacyr Valleherm(B.in

Sale de la cartera; tenía un 1.48% de peso.

◦ JOHNSON & JOHNSON

Sale de la cartera; tenía un 0.58% de peso.

Aviso

Esto no es asesoramiento financiero. La cartera procede del informe periodico que el fondo presenta en la CNMV y llega con retraso respecto al cierre real del periodo: es una foto del final de cada semestre, no la cartera en tiempo real.