Manager
RENTA 4 GESTORA, S.G.I.I.C., S.A.
See the CNMV manager universe →
Fund page
GLOBAL VALUE OPPORTUNITIES, FI
Category
—
Latest period
H2 2025
Positions
21
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.
21
Company
Type
Country
Weight
Price
This period's moves
H2 2025 vs H1 2025 (estimated)
New: 1
Exits: 2
Increases: 4
Cuts: 3
− Euskaltel SA
Leaves the portfolio; it was 0.93% of weight.
− Euskaltel SA
Leaves the portfolio; it was 0.92% of weight.
▲ ACCIONES|ALIBABA GROUP HOLDING
Goes from 0.92% to 1.14%.
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.
View company page →▼ ACCIONES|GOLAR LNG LTD
Goes from 1.96% to 1.69%.
Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates in two segments, FLNG, and Corporate and Other. It engages in the regasification, storage, and liquefied natural gas (LNG) carrier transportation operations; operation of floating liquefaction natural gas (FLNG) vessels or projects; transportation of LNG carriers; and vessel management activities. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
View company page →Fixed income
Declared FI exposure
1.6 M €
% of portfolio
14.5%
Positions
10
Issuers
8
Sovereign: 0 €
Corporate: 1.6 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 · 15.7%6-12 months · 17.1%2-5 years · 57.7%5-10 years · 9.5%
Maturity
Positions
Exposure
%
Matured or ≤3 months
3
249,293 €
15.7%
3-6 months
0
0 €
0.0%
6-12 months
2
272,228 €
17.1%
1-2 years
0
0 €
0.0%
2-5 years
4
915,423 €
57.7%
5-10 years
1
150,897 €
9.5%
> 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
Ben Oldman European Asset
Corporate
2
448,671 €
2026-10-29
Euskaltel SA
Corporate
2
289,140 €
2026-01-27
CAIXABANK SA
Bank
1
221,762 €
2029-03-13
TECNICAS REUNIDAS
Corporate
1
201,205 €
2028-04-24
BANCO SANTANDER SA
Bank
1
150,897 €
2031-08-22
Ben Oldman Renewable Unit
Corporate
1
123,030 €
2029-12-17
Masmovil Ibercom
Corporate
1
96,206 €
2026-02-12
MOBICO GROUP PLC
Corporate
1
56,930 €
2026-01-15
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
XS2962123852 Ben Oldman European Asset
10.00%
2030-12-12
369,426 €
ES0840609046 CAIXABANK SA
8.25%
2029-03-13
221,762 €
ES0378165015 TECNICAS REUNIDAS
5.40%
2028-04-24
201,205 €
ES0505075681 Euskaltel SA
3.63%
2026-11-25
192,983 €
US05971KAL35 BANCO SANTANDER SA
3.23%
2031-08-22
150,897 €
XS2501744036 Ben Oldman Renewable Unit
10.60%
2029-12-17
123,030 €
ES05846960Z0 Masmovil Ibercom
3.98%
2026-02-12
96,206 €
ES0505075574 Euskaltel SA
4.07%
2026-01-27
96,157 €
XS2223767778 Ben Oldman European Asset
10.00%
2026-10-29
79,245 €
XS2259808702 MOBICO GROUP PLC
4.25%
2026-01-15
56,930 €
Currencies
Fixed-income exposure by instrument currency.
Currency
Exposure
%
EUR
1.4 M €
86.9%
USD
150,897 €
9.5%
GBP
56,930 €
3.6%
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: 1
Exits at maturity: 2
Exits not explained by maturity: 0
+ Euskaltel SA
Enters the portfolio at 1.76% weight.
◦ Euskaltel SA
Leaves the portfolio; it was 0.93% of weight.
◦ Euskaltel SA
Leaves the portfolio; it was 0.92% 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.