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INTERMONEY GESTION FLEXIBLE, FI

Category
—
Latest period
H2 2025
Positions
50

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.

50
Company Type Country Weight Price
SPAIN LETRAS DEL TES ES0L02611066 · EUR Deuda Publica Cotizada Memos 1 Anio ES 7.49% 99.73 EUR
SPAIN LETRAS DEL TES ES0L02605084 · EUR Deuda Publica Cotizada Memos 1 Anio ES 7.17% —
SPAIN LETRAS DEL TES ES0L02610092 · EUR Deuda Publica Cotizada Memos 1 Anio ES 6.51% 99.89 EUR
SPAIN LETRAS DEL TES ES0L02607106 · EUR Deuda Publica Cotizada Memos 1 Anio ES 5.86% —
SPAIN LETRAS DEL TES ES0L02601166 · EUR Deuda Publica Cotizada Memos 1 Anio ES 5.19% —
BONOS Y OBLIG DEL ES ES0000012L78 · EUR Deuda Publica Cotizada Mas 1 Anio ES 4.11% 36.02 USD
SPAIN LETRAS DEL TES ES0L02602065 · EUR Deuda Publica Cotizada Memos 1 Anio ES 3.90% —
US TREASURY N/B US91282CKB62 · USD Deuda Publica Cotizada Memos 1 Anio US 3.68% —
BONOS Y OBLIG DEL ES ES0000012O00 · EUR Deuda Publica Cotizada Mas 1 Anio ES 3.35% —
BONOS Y OBLIG DEL ES ES0000012O59 · EUR Deuda Publica Cotizada Mas 1 Anio ES 3.34% —
BONOS Y OBLIG DEL ES ES0000012P33 · EUR Deuda Publica Cotizada Mas 1 Anio ES 3.30% 93.92 EUR
SPAIN LETRAS DEL TES ES0L02606058 · EUR Deuda Publica Cotizada Memos 1 Anio ES 3.26% —
SPAIN LETRAS DEL TES ES0L02609045 · EUR Deuda Publica Cotizada Memos 1 Anio ES 3.26% 99.89 EUR
DEUDA ESTADO ESPAÑOL ES0000012B88 · EUR Deuda Publica Cotizada Mas 1 Anio ES 3.24% 0.50 EUR
US TREASURY N/B US91282CKY65 · USD Deuda Publica Cotizada Memos 1 Anio US 2.85% —
CBNK Bco. Colectivos — · EUR Depositos — 2.75% —
BONOS Y OBLIG DEL ES ES0000012M51 · EUR Deuda Publica Cotizada Mas 1 Anio ES 2.07% —
SPAIN LETRAS DEL TES ES0L02612049 · EUR Deuda Publica Cotizada Memos 1 Anio ES 1.63% 99.54 EUR
ACCIONES|Sanofi - Synthelabo FR0000120578 · EUR Renta Variable Cotizada FR 0.35% 71.94 EUR
ACCIONES|Siemens AG DE0007236101 · EUR Renta Variable Cotizada DE 0.34% 270.65 EUR
ACCIONES|ASML Holding Nv NL0010273215 · EUR Renta Variable Cotizada NL 0.34% 1477.20 EUR
ACCIONES|Logista ES0105027009 · EUR Renta Variable Cotizada ES 0.28% 37.48 EUR
ACCIONES|SAP - AG DE0007164600 · EUR Renta Variable Cotizada DE 0.28% 199.22 EUR
ACCIONES|Airbus NL0000235190 · EUR Renta Variable Cotizada NL 0.22% 198.82 EUR
ACCIONES|IBERDROLA ES0144580Y14 · EUR Renta Variable Cotizada ES 0.21% 21.69 EUR
ACCIONES|Louis Vuitton FR0000121014 · EUR Renta Variable Cotizada FR 0.21% 397.00 EUR
ACCIONES|Allianz AG DE0008404005 · EUR Renta Variable Cotizada DE 0.21% 433.90 EUR
ACCIONES|Total S.A FR0000120271 · EUR Renta Variable Cotizada FR 0.20% 80.71 EUR
ACCIONES|Axa FR0000120628 · EUR Renta Variable Cotizada FR 0.20% 42.97 EUR
ACCIONES|Safran SA FR0000073272 · EUR Renta Variable Cotizada FR 0.19% 317.00 EUR
ACCIONES|Saint Gobain FR0000125007 · EUR Renta Variable Cotizada FR 0.19% 66.54 EUR
ACCIONES|ESSILOR FR0000121667 · EUR Renta Variable Cotizada FR 0.19% 154.40 EUR
ACCIONES|Air Liquide FR0000120073 · EUR Renta Variable Cotizada FR 0.18% 173.16 EUR
ACCIONES|Enel IT0003128367 · EUR Renta Variable Cotizada IT 0.18% 9.19 EUR
ACCIONES|Unicrédito Italiano IT0005239360 · EUR Renta Variable Cotizada IT 0.17% 76.19 EUR
ACCIONES|Prosus NV NL0013654783 · EUR Renta Variable Cotizada NL 0.17% 35.96 EUR
ACCIONES|Muenchener Rueckvers DE0008430026 · EUR Renta Variable Cotizada DE 0.17% 547.20 EUR
ACCIONES|Eni Spa IT0003132476 · EUR Renta Variable Cotizada IT 0.17% 25.95 EUR
ACCIONES|DEUTSCHE TEL. DE0005557508 · EUR Renta Variable Cotizada DE 0.16% 25.89 EUR
ACCIONES|INDITEX ES0148396007 · EUR Renta Variable Cotizada ES 0.16% 55.86 EUR
ACCIONES|L´oreal FR0000120321 · EUR Renta Variable Cotizada FR 0.15% 407.40 EUR
ACCIONES|ASM International NL0000334118 · EUR Renta Variable Cotizada NL 0.13% 753.00 EUR
ACCIONES|Linde AG-Tender IE000S9YS762 · EUR Renta Variable Cotizada IE 0.13% 498.43 USD
ACCIONES|Mercedes-Benz Group DE0007100000 · EUR Renta Variable Cotizada DE 0.12% 41.09 EUR
ACCIONES|Anheuser-Busch Compa BE0974293251 · EUR Renta Variable Cotizada BE 0.10% 73.92 EUR
ACCIONES|SCHNEIDER SA FR0000121972 · EUR Renta Variable Cotizada FR 0.09% 253.30 EUR
ACCIONES|Koninklijke Ahold NV NL0011794037 · EUR Renta Variable Cotizada NL 0.09% 32.36 EUR
ACCIONES|ACERINOX ES0132105018 · EUR Renta Variable Cotizada ES 0.08% 16.92 EUR
ACCIONES|Global Dominion ES0105130001 · EUR Renta Variable Cotizada ES 0.06% 2.65 EUR
ACCIONES|ACS ES0167050915 · EUR Renta Variable Cotizada ES 0.02% 90.00 EUR

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 6 Exits: 6 Increases: 0 Cuts: 2
+ SPAIN LETRAS DEL TES

Enters the portfolio at 7.49% weight.

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+ SPAIN LETRAS DEL TES

Enters the portfolio at 6.51% weight.

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+ SPAIN LETRAS DEL TES

Enters the portfolio at 5.86% weight.

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+ BONOS Y OBLIG DEL ES

Enters the portfolio at 3.30% weight.

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+ SPAIN LETRAS DEL TES

Enters the portfolio at 3.26% weight.

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+ SPAIN LETRAS DEL TES

Enters the portfolio at 1.63% weight.

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− SPAIN LETRAS DEL TES

Leaves the portfolio; it was 6.64% of weight.

− SPAIN LETRAS DEL TES

Leaves the portfolio; it was 3.37% of weight.

− SPAIN LETRAS DEL TES

Leaves the portfolio; it was 3.31% of weight.

− US TREASURY N/B

Leaves the portfolio; it was 2.89% of weight.

− SPAIN LETRAS DEL TES

Leaves the portfolio; it was 2.43% of weight.

− ACCIONES|Berkshire Hathaway

Leaves the portfolio; it was 0.38% of weight.

Berkshire Hathaway Inc., together with its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses. The company provides property, casualty, life, accident, and health insurance and reinsurance; operates railroad systems in North America; generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. It manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; prefabricated and site-built residential homes, flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services. In addition, the company provides recreational vehicles, apparel, footwear, toys, jewelry, custom picture framing products, alkaline batteries, logistics services, and professional aviation training and shared aircraft ownership programs; castings, forgings, fasteners/fastener systems, aerostructures, and precision components; and cobalt, nickel, and titanium alloys. Further, it distributes televisions and information, and grocery and non-food consumer products; franchises and services quick service restaurants; and distributes electronic components. Additionally, it retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and floor coverings; watches, home decor and repair services; sells kitchenware; and motorcycle clothing and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.

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▼ SPAIN LETRAS DEL TES

Goes from 6.65% to 5.19%.

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▼ ACCIONES|SAP - AG

Goes from 0.74% to 0.28%.

SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide. It offers SAP Business AI; SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR, time, payroll, talent and employee experience management, and analytics and planning; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management. The company also provides SAP customer experience solutions; SAP Business Technology platform that enables customers and partners to build, integrate, and automate applications; and SAP Business Network, a business-to-business collaboration platform that helps digitalize key business processes across the supply chain and enables communication between trading partners. In addition, it offers SAP Signavio to help customers to discover, analyze, and understand business process operations; industry solutions that provide customers and partners with industry-specific solutions; and SAP LeanIX to visualize enterprise architecture, assess interdependencies and the potential impact of IT modernization, and manage the transition toward the target landscape. Further, the company provides WalkMe to execute workflows; SAP Enable Now, which offers e-learning content embedded in SAP workflows; Taulia solutions for working capital management; and sustainability solutions and services. Additionally, it provides services and support solutions. The company has a strategic collaboration with Fresenius SE & Co. KGaA and Avelios Medical GmbH for the development of a cloud-native, hospital information system that enables digitalization of clinical and administrative processes with AI integration. SAP SE was founded in 1972 and is headquartered in Walldorf, Germany.

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Fixed income

Declared FI exposure
10.6 M €
% of portfolio
70.2%
Positions
17
Issuers
2
Sovereign: 10.6 M € Corporate: 0 € Deposits / cash: 413,364 €

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 · 18.2%3-6 months · 18.9%6-12 months · 35.3%2-5 years · 17.1%5-10 years · 10.6%
Maturity Positions Exposure %
Matured or ≤3 months 3 1.9 M € 18.2%
3-6 months 3 2.0 M € 18.9%
6-12 months 5 3.7 M € 35.3%
1-2 years 0 0 € 0.0%
2-5 years 4 1.8 M € 17.1%
5-10 years 2 1.1 M € 10.6%
> 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
Reino de España Sovereign 15 9.6 M € 2026-01-16
United States Treasury Sovereign 2 982,813 € 2026-02-28

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
ES0L02611066 Reino de España 2.03% 2026-11-06 1.1 M €
ES0L02605084 Reino de España 1.94% 2026-05-08 1.1 M €
ES0L02610092 Reino de España 2.04% 2026-10-09 979,939 €
ES0L02607106 Reino de España 1.94% 2026-07-10 882,136 €
ES0L02601166 Reino de España 2.44% 2026-01-16 780,824 €
ES0000012L78 Reino de España 3.55% 2033-10-31 618,736 €
ES0L02602065 Reino de España 2.26% 2026-02-06 586,935 €
US91282CKB62 United States Treasury 4.63% 2026-02-28 554,117 €
ES0000012O00 Reino de España 2.70% 2030-01-31 503,492 €
ES0000012O59 Reino de España 2.40% 2028-05-31 502,085 €

Currencies

Fixed-income exposure by instrument currency.

Currency Exposure %
EUR 9.6 M € 90.7%
USD 982,813 € 9.3%

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: 6 Exits at maturity: 5 Exits not explained by maturity: 0
+ SPAIN LETRAS DEL TES

Enters the portfolio at 7.49% weight.

+ SPAIN LETRAS DEL TES

Enters the portfolio at 6.51% weight.

+ SPAIN LETRAS DEL TES

Enters the portfolio at 5.86% weight.

+ BONOS Y OBLIG DEL ES

Enters the portfolio at 3.30% weight.

+ SPAIN LETRAS DEL TES

Enters the portfolio at 3.26% weight.

+ SPAIN LETRAS DEL TES

Enters the portfolio at 1.63% weight.

◦ SPAIN LETRAS DEL TES

Leaves the portfolio; it was 6.64% of weight.

◦ SPAIN LETRAS DEL TES

Leaves the portfolio; it was 2.43% of weight.

◦ SPAIN LETRAS DEL TES

Leaves the portfolio; it was 3.37% of weight.

◦ SPAIN LETRAS DEL TES

Leaves the portfolio; it was 3.31% of weight.

◦ US TREASURY N/B

Leaves the portfolio; it was 2.89% 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.