Manager
GVC GAESCO GESTIÓN, SGIIC, S.A.
See the CNMV manager universe →
Fund page
GVC GAESCO CROSSOVER, FI
Category
—
Latest period
H2 2025
Positions
33
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.
33
Company
Type
Country
Weight
Price
This period's moves
H2 2025 vs H1 2025 (estimated)
New: 5
Exits: 3
Increases: 5
Cuts: 1
− ESTADO USA
Leaves the portfolio; it was 9.08% of weight.
− ESTADO USA
Leaves the portfolio; it was 6.89% of weight.
− Acciones|ANTOFAGASTA PLC
Leaves the portfolio; it was 0.58% of weight.
Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. The company produces copper cathodes and copper concentrates; molybdenum concentrates; and gold and silver by-products. It also provides rail and road cargo services to mining customers in northern Chile. In addition, the company has exploration projects in various countries. It has operations in the United Kingdom, Switzerland, Spain, Germany, rest of Europe, Chile, rest of Latin America, the United States, Japan, China, Singapore, South Korea, Hong Kong, and rest of Asia. The company was incorporated in 1888 and is headquartered in London, the United Kingdom. Antofagasta plc is a subsidiary of Metalinvest Anstalt.
View company page →Fixed income
Declared FI exposure
2.2 M €
% of portfolio
59.7%
Positions
8
Issuers
2
Sovereign: 1.1 M €
Corporate: 0 €
Repos / treasury management: 1.1 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 · 63.6%3-6 months · 27.3%6-12 months · 9.1%
Maturity
Positions
Exposure
%
Matured or ≤3 months
3
691,441 €
63.6%
3-6 months
3
296,447 €
27.3%
6-12 months
1
98,451 €
9.1%
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%
Top issuers
The 10 issuers with the largest declared exposure in this fund, repos excluded.
Issuer
Type
ISINs
Exposure
Next maturity
United States Treasury
Sovereign
2
592,270 €
2026-01-31
Reino de España
Sovereign
5
494,069 €
2026-03-06
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
US91282CBT71 United States Treasury
0.38%
2026-03-31
422,570 €
US91282CBH34 United States Treasury
0.19%
2026-01-31
169,700 €
ES0L02603063 Reino de España
1.90%
2026-03-06
99,171 €
ES0L02604103 Reino de España
1.95%
2026-04-10
98,980 €
ES0L02605084 Reino de España
1.95%
2026-05-08
98,809 €
ES0L02606058 Reino de España
2.00%
2026-06-05
98,658 €
ES0L02607106 Reino de España
2.00%
2026-07-10
98,451 €
Currencies
Fixed-income exposure by instrument currency.
Currency
Exposure
%
EUR
1.6 M €
72.9%
USD
592,270 €
27.1%
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: 5
Exits at maturity: 2
Exits not explained by maturity: 0
+ ESTADO ESPAÑOL
Enters the portfolio at 2.71% weight.
+ ESTADO ESPAÑOL
Enters the portfolio at 2.70% weight.
+ ESTADO ESPAÑOL
Enters the portfolio at 2.70% weight.
+ ESTADO ESPAÑOL
Enters the portfolio at 2.69% weight.
+ ESTADO ESPAÑOL
Enters the portfolio at 2.69% weight.
◦ ESTADO USA
Leaves the portfolio; it was 9.08% of weight.
◦ ESTADO USA
Leaves the portfolio; it was 6.89% 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.