HOROS PATRIMONIO FI: full portfolio filed with the CNMV

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.

19

Company Type Country Weight Price

SPAIN LETRAS DEL TESORO ES0L02602065 · EUR Deuda Publica Cotizada Memos 1 Anio ES 20.21% —

LIBERTY COSTA RI USG53901AA58 · USD Renta Fija Cotizada Mas 1 Anio US 6.15% —

CONSTELLATION OI USL67356AA09 · USD Renta Fija Cotizada Mas 1 Anio US 6.07% —

GOLAR LNG LTD NO0013331223 · USD Renta Fija Cotizada Mas 1 Anio NO 5.25% —

TGS ASA USR9138BAA00 · USD Renta Fija Cotizada Mas 1 Anio US 4.52% —

KINETICS LNG HOL NO0013685131 · USD Deuda Publica Cotizada Mas 1 Anio NO 4.08% —

GREENALIA NO0013684563 · EUR Renta Fija Cotizada Mas 1 Anio NO 3.80% —

ZIGGO BOND CO XS2116386132 · EUR Renta Fija Cotizada Mas 1 Anio XS 3.59% —

HELIX ENERGY SOL USU4232PAC78 · USD Renta Fija Cotizada Mas 1 Anio US 3.42% —

FAIRFAX INDIA HO USC3346PAA69 · USD Deuda Publica Cotizada Mas 1 Anio US 3.09% —

INTERNATIONAL PE NO0013671107 · USD Renta Fija Cotizada Mas 1 Anio NO 3.06% —

VERMILION ENERGY USC95808AB44 · USD Renta Fija Cotizada Mas 1 Anio US 2.98% —

ACCIONES|ERCROS ES0125140A14 · EUR Renta Variable Cotizada ES 2.47% —

GRUPO ECOENER S ES0505548323 · EUR Renta Fija No Cotizada ES 2.34% —

TECNICAS REUNIDA ES0378165023 · EUR Renta Fija Cotizada Mas 1 Anio ES 2.13% —

FORVIA SE XS3023963534 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.97% —

OWENS BROCKWAY USU68337AN15 · USD Renta Fija Cotizada Mas 1 Anio US 1.85% —

OI EUROPEAN GROU XS2624554320 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.73% —

VIDRALA SA ES0583746690 · EUR Renta Fija No Cotizada ES 0.24% —

This period's moves

New: 19 Exits: 0 Increases: 0 Cuts: 0

+ SPAIN LETRAS DEL TESORO

Enters the portfolio at 20.21% weight.

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+ LIBERTY COSTA RI

Enters the portfolio at 6.15% weight.

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+ CONSTELLATION OI

Enters the portfolio at 6.07% weight.

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+ GOLAR LNG LTD

Enters the portfolio at 5.25% weight.

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+ TGS ASA

Enters the portfolio at 4.52% weight.

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+ KINETICS LNG HOL

Enters the portfolio at 4.08% weight.

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+ GREENALIA

Enters the portfolio at 3.80% weight.

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+ ZIGGO BOND CO

Enters the portfolio at 3.59% weight.

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+ HELIX ENERGY SOL

Enters the portfolio at 3.42% weight.

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+ FAIRFAX INDIA HO

Enters the portfolio at 3.09% weight.

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+ INTERNATIONAL PE

Enters the portfolio at 3.06% weight.

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+ VERMILION ENERGY

Enters the portfolio at 2.98% weight.

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+ ACCIONES|ERCROS

Enters the portfolio at 2.47% weight.

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+ GRUPO ECOENER S

Enters the portfolio at 2.34% weight.

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+ TECNICAS REUNIDA

Enters the portfolio at 2.13% weight.

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+ FORVIA SE

Enters the portfolio at 1.97% weight.

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+ OWENS BROCKWAY

Enters the portfolio at 1.85% weight.

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+ OI EUROPEAN GROU

Enters the portfolio at 0.73% weight.

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+ VIDRALA SA

Enters the portfolio at 0.24% weight.

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Fixed income

Declared FI exposure

32.0 M €

% of portfolio

75.5%

Positions

18

Issuers

18

Sovereign: 11.6 M € Corporate: 20.4 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.

59% 11% 27%

Matured or ≤3 months · 3.4%2-5 years · 59.2%5-10 years · 10.6%Unknown · 26.8%

Maturity Positions Exposure %

Matured or ≤3 months 2 1.1 M € 3.4%

3-6 months 0 0 € 0.0%

6-12 months 0 0 € 0.0%

1-2 years 0 0 € 0.0%

2-5 years 13 19.0 M € 59.2%

5-10 years 2 3.4 M € 10.6%

> 10 years 0 0 € 0.0%

Unknown 1 8.6 M € 26.8%

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 1 8.6 M € —

LIBERTY COSTA RI Corporate 1 2.6 M € 2031-01-15

CONSTELLATION OI Corporate 1 2.6 M € 2029-11-07

GOLAR LNG LTD Corporate 1 2.2 M € 2029-09-19

TGS ASA Corporate 1 1.9 M € 2030-01-15

KINETICS LNG HOL Sovereign 1 1.7 M € 2029-11-13

GREENALIA SA Corporate 1 1.6 M € 2030-11-20

ZIGGO BOND CO Corporate 1 1.5 M € 2030-02-28

HELIX ENERGY SOL Corporate 1 1.5 M € 2029-03-01

FAIRFAX INDIA HO Sovereign 1 1.3 M € 2028-02-26

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

ES0L02602065 Reino de España — — 8.6 M €

USG53901AA58 LIBERTY COSTA RI 10.88% 2031-01-15 2.6 M €

USL67356AA09 CONSTELLATION OI 9.38% 2029-11-07 2.6 M €

NO0013331223 GOLAR LNG LTD 7.75% 2029-09-19 2.2 M €

USR9138BAA00 TGS ASA 8.50% 2030-01-15 1.9 M €

NO0013685131 KINETICS LNG HOL 9.88% 2029-11-13 1.7 M €

NO0013684563 GREENALIA SA 7.00% 2030-11-20 1.6 M €

XS2116386132 ZIGGO BOND CO 3.38% 2030-02-28 1.5 M €

USU4232PAC78 HELIX ENERGY SOL 9.75% 2029-03-01 1.5 M €

USC3346PAA69 FAIRFAX INDIA HO 5.00% 2028-02-26 1.3 M €

Currencies

Fixed-income exposure by instrument currency.

Currency Exposure %

USD 17.2 M € 53.6%

EUR 14.9 M € 46.4%

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.