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MAGALLANES MICROCAPS EUROPE, FI

Category
Latest period
H2 2025
Positions
41

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.

41
Company Type Country Weight Price
ACCIONES|ATALAYA MINING COPPER S.A CY0106002112 · GBP Renta Variable Cotizada CY 6.20% 1000.00 GBp
ACCIONES|IBERSOL SGPS SA PTIBS0AM0008 · EUR Renta Variable Cotizada PT 5.98%
ACCIONES|WABERERS INTERNATIONAL ZRT HU0000120720 · HUF Renta Variable Cotizada HU 4.88%
ACCIONES|INTERNATIONAL PETROLEUM CORP CA46016U1084 · SEK Renta Variable Cotizada CA 4.83%
ACCIONES|CEMENTIR HOLDING NV (CEM IM) NL0013995087 · EUR Renta Variable Cotizada NL 4.67%
ACCIONES|KSB AG-VORZUG DE0006292030 · EUR Renta Variable Cotizada DE 4.46%
ACCIONES|DEUTZ AG DE0006305006 · EUR Renta Variable Cotizada DE 3.98%
ACCIONES|SONAECOM SGPS SA PTSNC0AM0006 · EUR Renta Variable Cotizada PT 3.71% 2.98 EUR
ACCIONES|SOL SPA IT0001206769 · EUR Renta Variable Cotizada IT 3.62%
ACCIONES|Cofide IT0000070786 · EUR Renta Variable Cotizada IT 3.55% 0.73 EUR
ACCIONES|ITALIAN WINE BRANDS SPA IT0005075764 · EUR Renta Variable Cotizada IT 2.92%
ACCIONES|MIQUEL Y COSTAS AND MIQUEL SA ES0164180012 · EUR Renta Variable Cotizada ES 2.81% 13.25 EUR
ACCIONES|TRAVIS PERKINS PLC GB00BK9RKT01 · GBP Renta Variable Cotizada GB 2.75%
ACCIONES|PEUGEOT INVEST FR0000064784 · EUR Renta Variable Cotizada FR 2.73%
ACCIONES|PROSEGUR CASH SA ES0105229001 · EUR Renta Variable Cotizada ES 2.50% 0.65 EUR
ACCIONES|INCHCAPE PLC GB00B61TVQ02 · GBP Renta Variable Cotizada GB 2.46%
ACCIONES|DEEP VALUE DRILLER AS(DVD NO) NO0010955917 · NOK Renta Variable Cotizada NO 2.43%
ACCIONES|STABILUS SA DE000STAB1L8 · EUR Renta Variable Cotizada DE 2.32%
ACCIONES|C AND C GROUP PLC IE00B010DT83 · GBP Renta Variable Cotizada IE 2.26% 90.90 GBp
ACCIONES|IBERPAPEL GESTION SA ES0147561015 · EUR Renta Variable Cotizada ES 2.23%
ACCIONES|BANCA SISTEMA SPA IT0003173629 · EUR Renta Variable Cotizada IT 2.17%
ACCIONES|ASHMORE GROUP PLC GB00B132NW22 · GBP Renta Variable Cotizada GB 2.16% 226.20 GBp
ACCIONES|Recticel SA BE0003656676 · EUR Renta Variable Cotizada BE 2.14%
ACCIONES|IBSTOCK PLC GB00BYXJC278 · GBP Renta Variable Cotizada GB 2.09% 86.00 GBp
ACCIONES|VETROPACK CH0530235594 · CHF Renta Variable Cotizada CH 1.79%
ACCIONES|FNM SPA IT0000060886 · EUR Renta Variable Cotizada IT 1.65%
ACCIONES|PRIM SA ES0170884417 · EUR Renta Variable Cotizada ES 1.63%
ACCIONES|WUESTENROT & WUERTTEMBERG DE0008051004 · EUR Renta Variable Cotizada DE 1.44%
ACCIONES|CAMELLIA PLC GB0001667087 · GBP Renta Variable Cotizada GB 1.31%
ACCIONES|STO SE & CO. KGAA-PREF SHRS DE0007274136 · EUR Renta Variable Cotizada DE 1.27%
ACCIONES|Fleury Michon FR0000074759 · EUR Renta Variable Cotizada FR 1.24%
ACCIONES|EDAG ENGINEERING GROUP AG CH0303692047 · EUR Renta Variable Cotizada CH 1.22%
ACCIONES|VILLEROY & BOCH AG -PREF DE0007657231 · EUR Renta Variable Cotizada DE 1.17%
ACCIONES|ELICA SPA IT0003404214 · EUR Renta Variable Cotizada IT 0.97%
ACCIONES|STALEXPORT AUTOSTRADY PLSTLEX00019 · PLN Renta Variable Cotizada PL 0.79%
ACCIONES|FERRONORDIC MACHINES AB SE0005468717 · SEK Renta Variable Cotizada SE 0.76%
ACCIONES|ROTTNEROS AB (SEK) SE0000112252 · SEK Renta Variable Cotizada SE 0.68%
ACCIONES|KONGSBERG AUTOMOTIVE ASA NO0003033102 · NOK Renta Variable Cotizada NO 0.55%
ACCIONES|CHARACTER GROUP PLC GB0008976119 · GBP Renta Variable Cotizada GB 0.45%
ACCIONES|KAPSCH TRAFFIC AT000KAPSCH9 · EUR Renta Variable Cotizada AT 0.44% 4.65 EUR
ACCIONES|RENTA CORP REAL ESTATE ES0173365018 · EUR Renta Variable Cotizada ES 0.37%

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 1 Exits: 4 Increases: 11 Cuts: 7
+ ACCIONES|INCHCAPE PLC

Enters the portfolio at 2.46% weight.

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− ACCIONES|FRANCOTYP-POSTALIA HOLDING AG

Leaves the portfolio; it was 1.27% of weight.

− ACCIONES|OGK-5-CLS

Leaves the portfolio; it was 1.05% of weight.

− ACCIONES|SHELF DRILLING LTD

Leaves the portfolio; it was 0.34% of weight.

− ACCIONES|ROTTNEROS AB (SEK)

Leaves the portfolio; it was 0.00% of weight.

▲ ACCIONES|ATALAYA MINING COPPER S.A

Goes from 5.54% to 6.20%.

Atalaya Mining Copper, S.A., together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is the Proyecto Riotinto, an open-pit copper mine located in the Andalusia region of Spain. It explores for copper concentrates, silver by-products, and gold. The company was formerly known as Atalaya Mining Plc and changed its name to Atalaya Mining Copper, S.A. in January 2025. Atalaya Mining Copper, S.A. was incorporated in 2004 and is based in Seville, Spain.

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▲ ACCIONES|DEEP VALUE DRILLER AS(DVD NO)

Goes from 1.87% to 2.43%.

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▲ ACCIONES|Cofide

Goes from 3.04% to 3.55%.

CIR S.p.A. - Compagnie Industriali Riunite, through its subsidiaries, operates in the automotive components and healthcare sectors in Italy, the rest of European countries, North America, South America, Asia, and internationally. The company produces suspension components, including coil springs, stabilizer bars, torsion bars, stabilinks, leaf springs, track adjusters, and precision springs; and intake manifolds, air ducts, coolant pumps, engine temperature management systems, and new advanced solutions for thermal management. It also operates Nursing Homes under the Anni Azzurri and Charleston brands; Healthcare Facilities providing medical care for functional rehabilitation under the Santo Stefano brand, as well as medical care and rehabilitation for mental health under the Neomesia brand; and hospital for acute care under the Villa dei Pini brand. In addition, the company operates a network of outpatient clinics, such as virtual clinics, telemedicine, and home care. CIR S.p.A. - Compagnie Industriali Riunite was founded in 1976 and is headquartered in Milan, Italy.

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▲ ACCIONES|CEMENTIR HOLDING NV (CEM IM)

Goes from 4.22% to 4.67%.

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▲ ACCIONES|ROTTNEROS AB (SEK)

Goes from 0.28% to 0.68%.

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▲ ACCIONES|TRAVIS PERKINS PLC

Goes from 2.37% to 2.75%.

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▲ ACCIONES|SONAECOM SGPS SA

Goes from 3.35% to 3.71%.

Sonaecom, SGPS, S.A., together with its subsidiaries, operates in technology, media, and telecommunications areas worldwide. The company provides consultancy services in the area of information systems; and sells licensed software. It also engages in the editing, composition, and publication of periodical and non-periodical materials, as well as exploration of radio and TV stations and studios; consulting business, advisory in retail segments, industry and services. In addition, the company is involved in the development, installation, implementation, training, and maintenance of systems and software products; rental of equipment; consulting business; industries and trade of electronic equipment and software. Further, it invests in and manages venture capital and venture capital funds. The company was incorporated in 1988 and is headquartered in Cidade da Maia, Portugal. Sonaecom, SGPS, S.A. operates as a subsidiary of Sontel B.V.

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▲ ACCIONES|DEUTZ AG

Goes from 3.68% to 3.98%.

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▲ ACCIONES|IBSTOCK PLC

Goes from 1.81% to 2.09%.

Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. It operates through Clay and Concrete segments. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, cast stones, caps and copings, tile bricks, arches, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; and flooring and lintels, such as beam and block flooring, insulated flooring, and hollowcore screed rails. It also provides precast staircases and lift shafts; fencing and landscaping products, including fence posts, copings and cappings, gravel boards, bollards, balustrades, path edging, gully surrounds, eco-habitat range, and urban landscaping; and retaining walls, such as stepoc, slopeloc, and keystone. In addition, the company offers rail and infrastructure products, which includes rail troughs, platform copers, cable theft protection, signal bases, utility ducts, and inspection chambers; and design and technical support services. Further, it manufactures and supplies glass reinforced, precast, and prestressed concrete products. The company offers its products and services under the Forticrete, Supreme, Anderton, Longley, Coltman, Ibstock Brick, Ibstock Kevington, Generix, Ibstock Futures, and G-Tech brands. Ibstock plc was founded in 1825 and is headquartered in Ibstock, the United Kingdom.

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▲ ACCIONES|STO SE & CO. KGAA-PREF SHRS

Goes from 1.00% to 1.27%.

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▲ ACCIONES|FNM SPA

Goes from 1.44% to 1.65%.

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▼ ACCIONES|BANCA SISTEMA SPA

Goes from 3.21% to 2.17%.

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▼ ACCIONES|PROSEGUR CASH SA

Goes from 3.32% to 2.50%.

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.

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▼ ACCIONES|C AND C GROUP PLC

Goes from 2.75% to 2.26%.

C&C Group plc engages in the manufacture, marketing, and distribution of beer, cider, wine, spirits, and soft drinks in the United Kingdom, the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, Blackthorn, Dowd's Lane, Chaplin & Cork's, Caledonia Best, Addlestones, Drygate, Innis & Gunn, Menabrea, Gerard Bertrand, Santa Rita, Bottega, Jubel, Tennent's Ni, Tennent's Direct, Bibendum, and Matthew Clark brands. C&C Group plc was founded in 1935 and is headquartered in Dublin, the Republic of Ireland.

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▼ ACCIONES|VETROPACK

Goes from 2.17% to 1.79%.

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▼ ACCIONES|SOL SPA

Goes from 3.92% to 3.62%.

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▼ ACCIONES|CAMELLIA PLC

Goes from 1.57% to 1.31%.

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▼ ACCIONES|KSB AG-VORZUG

Goes from 4.70% to 4.46%.

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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.