IBERIAN VALUE, FI

Entra en la cartera con un 9.30% de peso.

Entra en la cartera con un 3.37% de peso.

Altri, SGPS, S.A. produces and sells cellulosic fibers in Portugal and internationally. The company offers bleached eucalyptus kraft pulp (BEKP) cellulose fibers for use in the manufacture of paper for household, printing, and writing purposes; and dissolved wood pulp (DWP) soluble cellulose fibers for use in the production of man-made cellulose fibers, such as lyocell and viscose for the textile sector. It is also involved in the timber and biomass commercialization; forest management; plant production in nurseries and services related to forests and landscapes; real estate; logistics services; research and development activities; and production and commercialization of cellulosic filaments. Altri, SGPS, S.A. was incorporated in 2005 and is headquartered in Porto, Portugal.

Entra en la cartera con un 2.73% de peso.

Viscofan, S.A., together with its subsidiaries, manufactures, produces, and distributes casings in Spain, Rest of Europe, Middle East, Africa, Pacific Asia, North America, South America, and internationally. The company offers cellulose, collagen, fibrous, functional solutions, plastics, viscofan veggie, efan, edileaf, nutra-pharma collinstant, nutra-pharma satiscoll, and medical. It also provides collagen casings for processed and pre-cooked fried sausages, and dry-cured snacks, as well as collagen film cover for meat products under the Total Control Net brand. In addition, it offers fibrous casings under the TITANIUM LINE brand. Viscofan, S.A. was incorporated in 1975 and is based in Tajonar, Spain.

Pasa del 6.91% al 9.93%.

Prosegur Cash, S.A. provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management in Europe, LATAM, and internationally. The company offers local and international transport services through land, sea, and air, such as collection, transport, custody, delivery, and deposit in vaults for funds and other valuable goods. It also provides cash management and handling, and automation services consisting of counting, processing, reconditioning, securing storage, packaging, delivering, and recycling banknotes and coins, as well as cash flow monitoring and tracking systems and ATM replacement services; Cash Today, which automates payments in retail establishments; ATM management solutions comprising planning, loading, monitoring, first- and second-tier maintenance, and balancing services; value offshore systems services; correspondent banking services, such as management of collections and payments and invoice collection services, currency exchange services; and digital asset custody service. In addition, the company offers added-value offshore system services; cash back services for purchases at the supermarket, online travel bookings, reservations, and gift card purchases; and digital wallets. It serves financial institutions, retail establishments, government agencies and central banks, and mints and jewellery stores. The company was incorporated in 2016 and is headquartered in Madrid, Spain. Prosegur Cash, S.A. is a subsidiary of Prosegur Compañía de Seguridad, S.A.

Pasa del 6.91% al 8.61%.

Gestamp Automoción, S.A. designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia. The company offers body-in-white products, large components and assembly parts, such as bonnets, roofs, doors, and mudguards, as well as other surface and assembly parts for use in creation of visible exterior skin of vehicles; and structural and crash-related elements, including floors, pillars, rails, and wheel arches. It also provides chassis parts comprising under body of vehicles and includes systems, frames and related parts, such as front and rear axles and couplings, control arms, and integrated couplings; hinges, door checks, electrical systems, and powered systems. In addition, the company offers hydraulic presses and dies in the areas of hot stamping, cold stamping, hydroforming, and try out of tools. Further, it serves vehicle manufacturers. Gestamp Automoción, S.A. was incorporated in 1997 and is headquartered in Madrid, Spain. Gestamp Automoción, S.A. is a subsidiary of Gestamp 2020, S.L.

Pasa del 4.63% al 6.30%.

Tubacex, S.A., together with its subsidiaries, engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally. The company provides seamless stainless steel tubes, including CRA OCTG tubing and casing; aerospace, space exploration, and defense tubing; hydraulic and instrumentation tubing; heat exchanger tubing; subsea umbilicals; and medium and high pressure tubes, as well as machined components, including downhole mills, impellers, spiral mills, reamer, shoes, stabilizers, sensors, spools, bladed noses, float subs, and cross-overs. It also offers round bars, billets, and ingots; fittings, and special and machined components, such as butt-welding fittings, tube bends, elbows, tees, reducers and caps; Tubacoat, a ceramic coating for long steel and high-nickel alloy products; non-magnetic steel components; and instrumentation tubes, hydraulic tubes, exchanger tubes, isometric tubes, and piping. In addition, the company provides design and simulation, and logistic services; and added-value services comprising shotpeening, connection threading, bending, cutting, machining and bevelling, welding, overlay, preassemblies, marking, finning, studding, polishing, grooving, lab testing, packaging, and storage services. Further, it offers tube marketing, real estate, pipe rental, consulting and advisory, and research and development services. The company serves chemical and petrochemical, low carbon, power generation, electronics equipment, new technologies, oil and gas exploration and production, fertilizer, aerospace, hydrocarbon processing, and other industries. Tubacex, S.A. was incorporated in 1963 and is headquartered in Llodio, Spain.

Pasa del 0.98% al 2.41%.

The Navigator Company, S.A. engages in the production of forestry, pulp, paper, tissue, and packaging solutions worldwide. The company operates through Market Folder, UWF Paper, Tissue Paper, and Energy segments. It is involved in the production of pulp, printing, and writing papers under the Navigator, Pioneer, and Inacopia brands; production of tissue under the Amoos brand; provision of packaging solutions under the gKraft brand; research, acquisition, and sale of wood; production of bleached eucalyptus pulp; and production and commercialization of thermal and electrical energy. The company was formerly known as Portucel, S.A. and changed its name to The Navigator Company, S.A. in February 2016. The company was founded in 1953 and is headquartered in Setúbal, Portugal. The Navigator Company, S.A. operates as a subsidiary of Semapa - Sociedade de Investimento e Gestão, SGPS, S.A.

Pasa del 8.97% al 9.76%.

Miquel y Costas & Miquel, S.A., together with its subsidiaries, engages in the manufacture and sale of thin and special lightweight paper for the tobacco industry in Spain, the European Union, OECD countries, and internationally. The company offers cigarette tissue, tipping paper, plug wrap paper, rolling paper booklets, textile pups; specialty paper, decorative laminates, pasting paper, paper for tea bags and coffee capsules, greaseproof paper, paper certified, straw paper, paper for cases and packages, filter paper, security paper, and papers for perfumes and hairdressing; and porous pulps products. It also provides printing paper comprising stationery papers, pharma paper, and paper for religious books. Miquel y Costas & Miquel, S.A. was founded in 1752 and is based in Barcelona, Spain.

Pasa del 3.47% al 4.17%.

Vallourec S.A., through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in North America, South America, France, the Middle East, Indonesia, and East Asia. It operates through Tubes and Mine & Forests segments. The company offers seamless tubes for refineries, petrochemical facilities, onshore liquefied natural gas (LNG) facilities, and floating LNG facilities, as well as for floating production, storage, and offloading units; VAM connections; rigid subsea line pipes, onshore rigid line pipes, and pipe coating solutions; and carbon steel and steel alloy tubes, hollow bars, and connections. It also provides assistance in lowering tubes, inspecting connections, and supervising assembly; inventory management; engineering; training; on-site services; preparation for drilling operations; and integrated solutions for the subsea pipelines comprising analysis, coating, insulation, bending, logistics, and project management with digital support solutions. In addition, the company offers tubular products for the geothermal; carbon capture, utilization, and storage; and hydrogen industries. Further, it provides tubes and hollow bars, as well as circular, square, rectangular, and octagonal sections for the manufacture of cranes, construction machinery, agricultural machinery, and hydraulic and gas cylinders; and axle tubes and gearbox applications, motorbike frame components, and suspension and stabilizer tubular parts for heavy and light vehicles. Additionally, the company is involved in the iron ore and charcoal production businesses. It serves oil service, engineering, and construction companies; distributors and industrial equipment manufacturers; and energy companies, and carbon capture and storage specialists, as well as geothermal, green hydrogen, and solar developers. Vallourec S.A. was founded in 1890 and is headquartered in Meudon, France.

Pasa del 4.08% al 4.64%.

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.

Pasa del 1.54% al 1.90%.

Sonae, SGPS, S.A. operates a portfolio of businesses in retail, real estate, telecommunications, technology, and financial services in Portugal and internationally. The company operates through six segments: MC, Worten, Musti, Sierra, Bright Pixel, and NOS. It is involved in retailing in the food sector through a network of stores, such as Continente Modelo and Continente Bom Dia supermarkets, Continente hypermarkets, and Meu Super, a franchised supermarket; health and wellness markets under the Wells, Arenal, Druni, and other retail banners; bookshops and stationery under the Note! brand; and cafeterias and restaurants under the Bagga brand. The company also offers electronics and appliances through digital channels and physical stores; a range of services under the Worten Resolve and iServices brands; retail products and services for pets under the Musti ja Miri, Arken Zoo, Musti, Pet City, and ZU brands; telecommunication services, including Pay TV, broadband services, and cinema film exhibition and distribution; wellbeing solutions; financial solutions; and jeanswear, clothing, and accessories. In addition, it operates in the real estate sector; and invests in the retail technology, digital infrastructure, and cybersecurity. The company was founded in 1959 and is headquartered in Cidade da Maia, Portugal. Sonae, SGPS, S.A. operates as a subsidiary of Efanor Investimentos SGPS, SA.

Pasa del 4.57% al 4.86%.

Alantra Partners, S.A. engages in the investment banking and asset management services in Spain and internationally. The company provides financial advisory services to companies or entities in corporate finance operations; and stock market analysis and brokerage services to institutional investors. It offers advisory services to financial institutions and institutional investors in credit, real estate, and other asset portfolio transactions. In addition, it is involved in the management and advising of assets of various types for institutional investors, wealthy families, and other professional investors; and specialized investment funds or customer investment portfolios. Further, it engages in invests and sells stakes in companies, or investment funds or managed vehicles; manages real estate assets; acquisition, holding and disposal of shares and other equity interests; purchase and sale, lease, transfer, and acquisition of property; and acts as a general partner for private equity investment firms and investment vehicles. Additionally, the company provides ancillary services; data and financial consultancy; administration and management of private equity entities and collective investment undertakings; accounting, book-keeping, auditing, and tax advisory services. The company was formerly known as Nmás1 Dinamia, S.A. and changed its name to Alantra Partners, S.A. in January 2017. The company was incorporated in 1997 and is based in Madrid, Spain.