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Ficha de fondo

MARCH FLEXIBLE MAX 30, FI

Categoria
—
Ultimo periodo
2S 2025
Posiciones
67

Cartera notificada con cierre 2025-12-31. Fuente: informe periodico en la CNMV. Ver informe original (PDF)

Cartera completa

Todas las posiciones del ultimo informe periodico, de mayor a menor peso. Los agregados ("resto de renta variable...") son cestas de posiciones pequenas que el propio informe no desglosa linea a linea.

67
Empresa Tipo Pais Peso Precio
UNION EUROPEA EU000A3K4EN5 · EUR Deuda Publica Cotizada Mas 1 Anio EU 7.51% —
ESTADO ALEMAN DE0001141851 · EUR Deuda Publica Cotizada Mas 1 Anio DE 6.18% —
ESTADO HOLANDA NL0012818504 · EUR Deuda Publica Cotizada Mas 1 Anio NL 4.81% 96.12 EUR
ESTADO ITALIANO IT0005240830 · EUR Deuda Publica Cotizada Mas 1 Anio IT 3.67% —
ESTADO ALEMAN DE0001102457 · EUR Deuda Publica Cotizada Mas 1 Anio DE 3.48% —
ESTADO HOLANDA NL00150006U0 · EUR Deuda Publica Cotizada Mas 1 Anio NL 3.11% 86.04 EUR
MERCEDES BENZ DE000A2AAL31 · EUR Renta Fija Cotizada Menos 1 Anio DE 2.26% 41.09 EUR
DES CAISSES DESJARDI XS2613159719 · EUR Renta Fija Cotizada Mas 1 Anio XS 2.24% —
BNP PARIBAS FR0013422011 · EUR Renta Fija Cotizada Mas 1 Anio FR 2.07% 89.55 EUR
CIE FINANCEMET FONCI FR00140095D5 · EUR Renta Fija Cotizada Mas 1 Anio FR 2.04% —
REPSOL INTL FINANCE XS1148073205 · EUR Renta Fija Cotizada Menos 1 Anio XS 1.87% —
ENI SPA XS1180451657 · EUR Renta Fija Cotizada Menos 1 Anio XS 1.83% —
BANCO INVERSIS, S.A. ES0000012O59 · EUR Adquisicion Temporal Activos ES 1.83% —
MORGAN STANLEY RF XS1511787589 · EUR Renta Fija Cotizada Menos 1 Anio XS 1.79% 180.57 USD
LA BANQUE POSTALE FR00140087C4 · EUR Renta Fija Cotizada Mas 1 Anio FR 1.78% —
UNION EUROPEA EU000A287074 · EUR Deuda Publica Cotizada Mas 1 Anio EU 1.73% —
BANCO SANTANDER XS2063247915 · EUR Renta Fija Cotizada Menos 1 Anio XS 1.71% 13.30 USD
ESTADO ESPAÑOL ES0000012I08 · EUR Deuda Publica Cotizada Mas 1 Anio ES 1.63% —
MORGAN STANLEY RF XS2292263121 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.61% 180.57 USD
BANKAMERICA CORP XS2248451978 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.57% 51.23 USD
ANHEUSER-BUSCH CO BE6320934266 · EUR Renta Fija Cotizada Mas 1 Anio BE 1.52% 82.59 USD
CRITERIA CAIXAHOLDIN XS3007624417 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.49% —
BANKAMERICA CORP XS1602547264 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.46% 51.23 USD
ENAGAS FINANCIACIONE XS1403388694 · EUR Renta Fija Cotizada Mas 1 Anio XS 1.42% —
VOLKSWAGEN FIN SERV XS2343822842 · EUR Renta Fija Cotizada Menos 1 Anio XS 1.42% —
BANKINTER, S.A. ES0213679OF4 · EUR Renta Fija Cotizada Mas 1 Anio ES 1.41% 17.02 USD
DEUTSCHE TELEKOM DE000A2TSDE2 · EUR Renta Fija Cotizada Mas 1 Anio DE 1.37% 25.89 EUR
ESTADO ESPAÑOL ES0000012M51 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.77% —
FERROVIE DELLO STATO XS2532681074 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.75% —
TOYOTA MOTOR XS2857918804 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.75% —
ADIF ALTA VELOCIDAD ES0200002105 · EUR Renta Fija Cotizada Mas 1 Anio ES 0.75% —
ACCIONES|SIEMENS DE0007236101 · EUR Renta Variable Cotizada DE 0.73% 270.65 EUR
ENI SPA XS2344735811 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.66% 25.95 EUR
ACCIONES|BARRICK MINING CORP CA06849F1080 · USD Renta Variable Cotizada CA 0.61% 57.74 CAD
GOLDMAN SACHS XS2389353264 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.60% 881.26 USD
ACCIONES|ALPHABET INC US02079K3059 · USD Renta Variable Cotizada US 0.52% 336.91 USD
ACCIONES|ING GROEP NL0011821202 · EUR Renta Variable Cotizada NL 0.49% 30.06 EUR
ACCIONES|BROADCOM US11135F1012 · USD Renta Variable Cotizada US 0.49% 328.75 USD
ACCIONES|ROCHE HOLDINGS CH0012032048 · CHF Renta Variable Cotizada CH 0.48% 57.14 USD
ACCIONES|IBERDROLA ES0144580Y14 · EUR Renta Variable Cotizada ES 0.48% 21.69 EUR
ACCIONES|ELI LILLY US5324571083 · USD Renta Variable Cotizada US 0.44% 1257.03 USD
ACCIONES|RWE DE0007037129 · EUR Renta Variable Cotizada DE 0.43% 59.04 EUR
ACCIONES|FREEPORT MCMORAN US35671D8570 · USD Renta Variable Cotizada US 0.43% 69.54 USD
ACCIONES|ASML HOLDING NV NL0010273215 · EUR Renta Variable Cotizada NL 0.42% 1477.20 EUR
ACCIONES|JOHNSON US4781601046 · USD Renta Variable Cotizada US 0.42% 255.56 USD
ACCIONES|SCHNEIDER ELECTRIC FR0000121972 · EUR Renta Variable Cotizada FR 0.39% 253.30 EUR
ACCIONES|INDITEX ES0148396007 · EUR Renta Variable Cotizada ES 0.37% 55.86 EUR
ACCIONES|STRYKER CORP US8636671013 · USD Renta Variable Cotizada US 0.36% 294.66 USD
AT&T INC XS2180007549 · EUR Renta Fija Cotizada Mas 1 Anio XS 0.35% 23.44 USD
ESTADO ESPAÑOL ES0000012B88 · EUR Deuda Publica Cotizada Mas 1 Anio ES 0.35% 0.50 EUR
ESTADO ALEMAN DE0001102606 · EUR Deuda Publica Cotizada Mas 1 Anio DE 0.35% —
ACCIONES|TOTAL ENERGIES FR0000120271 · EUR Renta Variable Cotizada FR 0.35% 80.71 EUR
ACCIONES|SAP AG DE0007164600 · EUR Renta Variable Cotizada DE 0.34% 199.22 EUR
ACCIONES|LINDE AG IE000S9YS762 · USD Renta Variable Cotizada IE 0.33% 498.43 USD
ACCIONES|VONOVIA SE DE000A1ML7J1 · EUR Renta Variable Cotizada DE 0.32% 16.82 EUR
ACCIONES|EADS NL0000235190 · EUR Renta Variable Cotizada NL 0.32% 198.82 EUR
ACCIONES|FACEBOOK INC US30303M1027 · USD Renta Variable Cotizada US 0.31% 709.33 USD
ACCIONES|AMERICAN WATER WORKS US0304201033 · USD Renta Variable Cotizada US 0.31% 134.94 USD
ACCIONES|INBEV NV BREWS BE0974293251 · EUR Renta Variable Cotizada BE 0.30% 73.92 EUR
ACCIONES|WOLTERS KLUWER NV NL0000395903 · EUR Renta Variable Cotizada NL 0.30% 81.52 EUR
ACCIONES|MICROSOFT US5949181045 · USD Renta Variable Cotizada US 0.29% 529.05 USD
ACCIONES|PALO ALTO US6974351057 · USD Renta Variable Cotizada US 0.29% 342.00 USD
ACCIONES|NESTLE CH0038863350 · CHF Renta Variable Cotizada CH 0.28% 82.43 CHF
ACCIONES|BERKSHIRE HATHAWAY US0846707026 · USD Renta Variable Cotizada US 0.27% 532.02 USD
ACCIONES|DEUTSCHE TELEKOM DE0005557508 · EUR Renta Variable Cotizada DE 0.27% 25.89 EUR
ACCIONES|THERMO FISHER US8835561023 · USD Renta Variable Cotizada US 0.27% 690.00 USD
ACCIONES|AMAZON COMPANY US0231351067 · USD Renta Variable Cotizada US 0.25% 250.00 USD

Movimientos del periodo

2S 2025 frente a 1S 2025 (estimada)

Nuevas: 15 Salidas: 24 Incrementos: 6 Recortes: 2
+ ESTADO ITALIANO

Entra en la cartera con un 3.67% de peso.

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+ ESTADO ALEMAN

Entra en la cartera con un 3.48% de peso.

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+ BNP PARIBAS

Entra en la cartera con un 2.07% de peso.

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services. The Corporate & Institutional Banking division offers capital market, securities, financing, risk management, securities clearing, custody, consulting, transaction banking, cash management, investment banking, and financial advisory services for corporate and institutional clients. Its Commercial, Personal Banking & Services division provides financing and equipment leasing services, lending, investment, financial and non-financial services, mobility, and digital banking services, as well as current accounts, savings products, bancassurance, insurance products and services, and consumer loans. The Investment & Protection Services division provides protection, savings, investment, and real estate services to support individuals, professionals, corporate clients, and institutions, as well as asset management, insurance, protection, pensions, and private banking services. The company was formerly known as Banque Nationale de Paris and changed its name to BNP Paribas SA in May 2000. BNP Paribas SA was founded in 1822 and is headquartered in Paris, France.

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+ BANCO INVERSIS, S.A.

Entra en la cartera con un 1.83% de peso.

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+ UNION EUROPEA

Entra en la cartera con un 1.73% de peso.

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+ ENAGAS FINANCIACIONE

Entra en la cartera con un 1.42% de peso.

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+ TOYOTA MOTOR

Entra en la cartera con un 0.75% de peso.

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+ ACCIONES|RWE

Entra en la cartera con un 0.43% de peso.

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Flexible Generation; Supply & Trading; and Phaseout Technologies. The company generates wind, hydro, solar, gas, lignite, and biomass electricity. It also trades in electricity, gas, and energy commodities; operates gas storage facilities; and engages in battery storage activities, as well as lignite mining and refining. The company serves commercial, industrial, and municipal customers. RWE Aktiengesellschaft was founded in 1898 and is headquartered in Essen, Germany.

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+ ACCIONES|STRYKER CORP

Entra en la cartera con un 0.36% de peso.

Stryker Corporation operates as a medical technology company in the United States and internationally. It operates through two segments, MedSurg and Neurotechnology, and Orthopaedics. The MedSurg and Neurotechnology segment offers surgical equipment, patient and caregiver safety technologies, navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, clinical communication and artificial intelligence-assisted virtual care platform technology, and minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke and venous thromboembolism; traditional brain and open skull based surgical procedures products; and orthobiologic and biosurgery products, including synthetic bone grafts and vertebral augmentation products. The Orthopaedics segment provides implants for use in total joint replacements, such as hip, knee and shoulder, ankle, and trauma and extremities surgeries; and Mako Shoulder, which expands the smart robotics suite of applications. The company sells its products to doctors, hospitals, and other healthcare facilities through company-owned subsidiaries and branches, as well as third-party dealers and distributors in approximately 61 countries. Stryker Corporation was founded in 1941 and is headquartered in Portage, Michigan.

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+ ACCIONES|LINDE AG

Entra en la cartera con un 0.33% de peso.

Linde plc operates as an industrial gas company worldwide. The company offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, electronic gases, specialty gases, and acetylene. It also engages in the design and construction of turnkey process plants for third-party customers, as well as for its gas businesses, including air separation, hydrogen, synthesis, olefin, and natural gas plants. The company serves the healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics industries. It operates in the United States, Brazil, Mexico, Canada, Germany, the United Kingdom, Eastern Europe, China, Australia, South Korea, and India. Linde plc was founded in 1879 and is based in Woking, the United Kingdom.

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+ ACCIONES|FACEBOOK INC

Entra en la cartera con un 0.31% de peso.

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through Instagram feed, stories, reels, live, and messaging; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; Meta AI, an assistant that's available across apps, as a stand-alone app, on AI glasses, and on the web; Threads, an application for text-based updates and public conversations; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact. The RL segment provides virtual and augmented reality products, including consumer hardware, software, and content that help people feel connected, as well as Meta Quest devices that enable social experiences across gaming, fitness, entertainment, and more. The segment also includes wearables such as AI glasses like Ray Ban Meta and Oakley Meta glasses; and the Meta Ray Ban Display, which combines AI glasses with an integrated lens display and the Meta Neural Band, a wrist worn device using electromyography that lets people control their AI glasses through neuromuscular signals. Meta Platforms, Inc. has a collaboration with Microsoft Corporation, NVIDIA Corporation, Advanced Micro Devices, Inc., Broadcom Inc., and OpenAI, L.L.C. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California.

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+ ACCIONES|AMERICAN WATER WORKS

Entra en la cartera con un 0.31% de peso.

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services on military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. The company also operates approximately 80 surface water treatment plants; 520 groundwater treatment plants; 170 wastewater treatment plants; 55,000 miles of transmission, distribution, and collection mains and pipes; 1,200 groundwater wells; 1,800 water and wastewater pumping stations; 1,100 treated water storage facilities; and 75 dams. In addition, it offers water and wastewater services to 14 states serving approximately 3.6 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. The company was founded in 1886 and is headquartered in Camden, New Jersey.

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+ ACCIONES|WOLTERS KLUWER NV

Entra en la cartera con un 0.30% de peso.

Wolters Kluwer N.V. provides information, software solutions, and services for professionals in the Netherlands, rest of Europe, the United States, Canada, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Financial & Corporate Compliance; Legal & Regulatory; and Corporate Performance & ESG segments. The Health segment offers clinical solutions and develops GenAI and agentic solutions to drive better patient care and health outcomes. It serves hospitals, healthcare organizations, clinicians, students, schools, libraries, payers, life sciences, digital health companies, and pharmacies. The Tax & Accounting segment offers AI-powered, cloud-based and on-premise software suites, research solutions to tax and accounting firms; and professional services to support professional workflows, including compliance, audit, and firm management. It also serves businesses, government agencies, and academia. The Financial & Corporate Compliance segment provides financial institutions, corporations, small businesses, and law firms with solutions that enable compliance with ever-changing regulatory and legal obligations, improve efficiency, and help achieve better business outcomes. The Legal & Regulatory segment provides Legal & Regulatory trusted information, insights, and analytics for optimal decisions with accuracy and speed. It serves legal and compliance professionals in law firms, corporate legal departments, universities, and government organizations. The Corporate Performance & ESG segment offers delivers software solutions that support organizations in planning, simulating, and managing financial, sustainability, operational, and risk management activities to drive better outcomes. The company also develops a hosted platform for managing and controlling external legal costs. Wolters Kluwer N.V. was founded in 1836 and is headquartered in Alphen aan den Rijn, the Netherlands.

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+ ACCIONES|NESTLE

Entra en la cartera con un 0.28% de peso.

Nestlé S.A., together with its subsidiaries, manufactures and distributes food and beverage, and nutritional science products in the United States, Brazil, Mexico, Greater China, the Philippines, India, the United Kingdom, France, Germany, Switzerland, and internationally. The company offers cereals, chocolate and confectionery, coffee, culinary, chilled and frozen food, dairy, drinks, food service, ice cream, nutrition and health, petcare, water, plant-based portfolio, and recipe products. It sells its products under the Nesquik Cereal, Fitness, Cheerios, Lion Cereals, Cini Minis, KitKat Cereal, Chocapic, Koko Krunch, Shreddies, Shredded Wheat Original, Corn Flakes, Trix Cereal, Aero, Baci Perugina, KitKat, Milkybar, Smarties, Cailler, Quality Street, Garoto, Nestlé Toll House, Munch, Damak, Hsu Fu Chi, Sahne Nuss, Nestlé Sustainably Sourced Cocoa, Blue Bottle Coffee, Nescafé, Nescafé Dolce Gusto, Nespresso, Starbucks Coffee At Home, DiGiorno, Garden Gourmet, Maggi, Thomy, Stouffer's, Hot Pockets, Lean Cuisine, Life Cuisine, Buitoni, Nestlé carnation, Nestlé Coffee Mate, and Nestea brands. The company also offers its products under the Roastelier by Nescafé, Plant-based and so good!, Milo, Chef, Maggi Professional, La Lechera, Minor's, Antica Gelateria Del Corso, Drumstick, Extrême, Häagen-Dazs, Maxibon, Mövenpick, Nancare, Gerber, Cerelac, Nestum, Alfaré HMO, Athéra HMO, Alfamino HMO, Bear Brand, Nido, Orgain, Nestlé Vital, Garden of Life, Pure Encapsulations, Solgar, Compleat, Impact, Peptamen, Vitaflo, Resource, Cat Chow, Dentalife, Dog Chow, Fancy Feast, Felix, Friskies, Gourmet, Purina, Purina ONE, Purina Pro Plan, Purina Pro Plan Veterinary Diets, Acqua Panna, Nestlé Pure Life, Perrier, S.Pellegrino, Sanpellegrino, Buxton, Erikli, Levissima, Vittel, Contrex, HENNIEZ, Hépar, La Vie, Naleczowianka, and Essentia brands. The company was founded in 1866 and is headquartered in Vevey, Switzerland. Aimmune Therapeutics, Inc. operates as a subsidiary of Nestlé S.A.

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+ ACCIONES|THERMO FISHER

Entra en la cartera con un 0.27% de peso.

Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services internationally. It operates through four segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Biopharma Services. The Life Sciences Solutions segment includes reagents, instruments, and consumables for biological and medical research; discovery and production of drugs and vaccines; and diagnosis of infections and diseases. Its Analytical Instruments segment provides instruments, consumables, software, and services for pharmaceutical, biotechnology, academic, government, environmental, and other research and industrial markets, as well as clinical laboratories. The Specialty Diagnostics segment offers clinical diagnostics products, such as liquid ready-to-use and lyophilized immunodiagnostic reagent kits, calibrators, controls, protein detection assays, and instruments; immunodiagnostic offerings comprising developing, manufacturing, and marketing of complete blood-test systems for the clinical diagnosis and monitoring of allergy, asthma and autoimmune diseases; microbiology offerings, such as dehydrated and prepared culture media, collection and transport systems, instrumentation and consumables to detect pathogens in blood, diagnostic and rapid direct specimen tests, quality-control products, and associated products; transplant diagnostics products, including human leukocyte antigen typing and testing for the organ transplant market; and healthcare market channel offerings. Its Laboratory Products and Biopharma Services segment provides laboratory products, research and safety market channel, and pharma services and clinical research. Thermo Fisher Scientific Inc. was founded in 1956 and is headquartered in Waltham, Massachusetts.

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− BANCO INVERSIS, S.A.

Sale de la cartera; tenia un 4.74% de peso.

− ESTADO FRANCES

Sale de la cartera; tenia un 3.96% de peso.

− ESTADO ESPAÑOL

Sale de la cartera; tenia un 3.31% de peso.

− BMW FINANCE NV

Sale de la cartera; tenia un 2.66% de peso.

− LOREAL

Sale de la cartera; tenia un 2.28% de peso.

L'Oréal S.A., through its subsidiaries, manufactures and sells cosmetic products for women and men in Europe, North America, North Asia, South Asia Pacific, the Middle East, North Africa, Sub-Saharan Africa, and Latin America. It operates through four divisions: Professional Products, Consumer Products, Luxe, and Dermatological Beauty. The company offers skincare, make-up, hair colourant, haircare, perfume, and hygiene products. It provides its products under the L'Oréal Paris, Garnier, Maybelline New York, NYX Professional Makeup, Stylenanda, Essie, Dark & Lovely, Mixa, Niely, L'Oréal Professionnel, Kérastase, Redken, Matrix, Pureology, Lancôme, Yves Saint Laurent Beauté, Armani Beauty, Kiehl's, Helena Rubinstein, Aesop, Biotherm, Valentino, Prada, Shu Uemura, IT Cosmetics, Mugler, Ralph Lauren, Urban Decay, Azzaro, Maison Margiela, Viktor&Rolf, Takami, La RochePosay, CeraVe, Vichy, SkinCeuticals, Skinbetter Science, and other brand names. The company sells its products through distribution channels, such as hair salons, local stores, e-commerce, travel retail, mass market retail, department store perfumeries, pharmacies, drug stores, medi-spas, and free-standing stores. L'Oréal S.A. was founded in 1909 and is headquartered in Clichy, France.

− ESTADO ESPAÑOL

Sale de la cartera; tenia un 1.79% de peso.

Grupo Financiero Galicia S.A., a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Bank, Naranja X, Insurance, and Other Businesses segments. It offers savings, checking, and time deposits; and credit and debit cards. The company also provides personal loans, salary advance, express loans, AfterPay, Buy Now Pay Later, flexible loans, and overdrafts for individuals; and immediate loans, discount of electronic credit invoice and e-checks, pledge and mortgage loans, Sociedad de Garantía Recíproca loans, Socios de valor, productive line, leasing, and purchase of agricultural inputs for companies. In addition, the company offers life, home, personal accident, robbery, cars, and other insurance products; fixed term, traditional fixed term, and purchasing value unit investment products; custody of securities; purchase and sale of foreign currency; private banking; and fixed income products, stocks, CEDEARs, secured loans, mutual funds, stock promissory note, structured solutions, and primary issuances; foreign trade; and capital market and investment banking. Further, it provides online banking services. Grupo Financiero Galicia S.A. was founded in 1905 and is based in Buenos Aires, Argentina.

− CREDIT AGRICOLE

Sale de la cartera; tenia un 1.28% de peso.

Crédit Agricole S.A. provides retail and corporate banking, insurance, and investment banking products and services in France, Italy, rest of the European Union, rest of Europe, North America, Central and South America, Africa, the Middle East, the Asia Pacific, and Japan. It operates in five segments: Asset Gathering, Large Customers, Specialized Financial Services, French Retail Banking – LCL, and International Retail Banking. The company offers savings/retirement, death and disability/creditor/group, and property and casualty insurance products; asset management; investment solutions; banking products and services, savings, wealth management, payment, cash flow management, and online banking services; personal finance and mobility; and specialized financial services. It also provides investment banking, structured finance, international trade finance, commercial banking, capital market, and syndication services; leasing, factoring, and energy and territorial financing; and asset servicing solutions for investment products, as well as various asset classes, such as execution, clearing, forex, security lending, custody, depositary banking, fund administration, middle-office outsourcing, fund distribution, and issuer services. In addition, the company offers property services, including transactions, rental, rental management, condominium trustee, and renovation under the Square Habitat brand; property development and management; and low-carbon electricity production. The company serves individuals, SMEs, small businesses, corporates, farmers, financial institutions, local authorities, asset managers, insurance companies, institutional investors, pension and unlisted funds, banks, and brokers. Crédit Agricole S.A. was founded in 1894 and is headquartered in Montrouge, France. Crédit Agricole S.A. operates as a subsidiary of SAS Rue La Boetie.

− CREDIT AGRICOLE

Sale de la cartera; tenia un 1.10% de peso.

Crédit Agricole S.A. provides retail and corporate banking, insurance, and investment banking products and services in France, Italy, rest of the European Union, rest of Europe, North America, Central and South America, Africa, the Middle East, the Asia Pacific, and Japan. It operates in five segments: Asset Gathering, Large Customers, Specialized Financial Services, French Retail Banking – LCL, and International Retail Banking. The company offers savings/retirement, death and disability/creditor/group, and property and casualty insurance products; asset management; investment solutions; banking products and services, savings, wealth management, payment, cash flow management, and online banking services; personal finance and mobility; and specialized financial services. It also provides investment banking, structured finance, international trade finance, commercial banking, capital market, and syndication services; leasing, factoring, and energy and territorial financing; and asset servicing solutions for investment products, as well as various asset classes, such as execution, clearing, forex, security lending, custody, depositary banking, fund administration, middle-office outsourcing, fund distribution, and issuer services. In addition, the company offers property services, including transactions, rental, rental management, condominium trustee, and renovation under the Square Habitat brand; property development and management; and low-carbon electricity production. The company serves individuals, SMEs, small businesses, corporates, farmers, financial institutions, local authorities, asset managers, insurance companies, institutional investors, pension and unlisted funds, banks, and brokers. Crédit Agricole S.A. was founded in 1894 and is headquartered in Montrouge, France. Crédit Agricole S.A. operates as a subsidiary of SAS Rue La Boetie.

− PARTICIPACIONES|XTRACKERS

Sale de la cartera; tenia un 0.51% de peso.

The fund, using a “passive” or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the STOXX Europe Total Market Defence, Space and Cybersecurity Innovation 50-25 Index. The underlying index seeks to capture the performance of European listed equity securities with established revenue and/or patent exposures to the defense, space and cybersecurity sectors. The fund is non-diversified.

− ACCIONES|LEGRAND SA

Sale de la cartera; tenia un 0.35% de peso.

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as flush-mounted, junction, DCL, and floor boxes. It also provides security, communication, and network solutions, including access security, digital home networks, emergency lighting, fire alarms, IT networks, intercom and door entry, and nurse call systems; conduits and cable management solutions comprising trunking, mini-trunking, skirting trunking, ducts, tubes, floor boxes, columns and feeders, and workstation solutions; industrial products, which comprises industrial enclosures and connections, transformers and power supply, marking accessories and cable ties, motor control and protection, fuse protection, and industrial plugs and sockets, as well as control, button, and signaling products; and installation accessories, including wiring accessories, extension cords, multi-outlet units, cable ties and fasteners, and connection boxes and terminals; and lighting products and accessories, as well as bulkhead lights and wall lights. In addition, the company offers single-phase UPS, three-phase UPS, communication accessories, software, and battery cabinets for three-phase UPS, as well as data center solutions. Further, it provides digital products and connected care services for health and social care sectors. The company also exports its products to approximately 180 countries. Legrand SA was founded in 1865 and is headquartered in Limoges, France.

− ACCIONES|FERROVIAL SE

Sale de la cartera; tenia un 0.34% de peso.

Ferrovial N.V., together with its subsidiaries, engages in the development, construction, and operation of highways and airports in the United States, Poland, Spain, the United Kingdom, Canada, and internationally. It operates through four segments: Construction, Highways, Airports, and Energy. The company is involved in the development, financing, and operation of toll road infrastructure and construction activities, including the design and construction of public and private works; construction of public infrastructures; and development, financing, investing, and operation of airports. It engages in the development and construction of energy transmission and renewable generation energy infrastructure, as well as rendering of services regarding energy efficiency; and operation of waste management plants. The company was founded in 1952 and is based in Amsterdam, the Netherlands.

− ACCIONES|VALLOUREC SA

Sale de la cartera; tenia un 0.32% de peso.

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.

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− ACCIONES|ORACLE

Sale de la cartera; tenia un 0.31% de peso.

Oracle Corporation offers products and services that build, run and support enterprise information technology frameworks worldwide. Its Oracle cloud software as a service offering includes various cloud software applications, including Oracle Fusion cloud enterprise resource planning ERP, Oracle Fusion cloud enterprise performance management EPM, Oracle Fusion cloud supply chain and manufacturing management SCM, Oracle Fusion cloud human capital management HCM, and NetSuite applications suite, Oracle Health applications, as well as Oracle Fusion Sales, Service, and Marketing. The company also offers cloud-based industry solutions for various industries; Oracle cloud license and on-premise license; and Oracle license support services. In addition, it provides cloud and license business' infrastructure technologies, such as the Oracle Database and MySQL Database; Java, a software development language; and middleware, including development tools and others. The company's cloud and license business' infrastructure technologies also comprise cloud-based compute, storage, and networking capabilities; and Oracle autonomous database, as well as AI, Internet-of-Things, machine learning, digital assistant, and blockchain. Further, it provides hardware products and other hardware-related software offerings, including Oracle engineered systems, enterprise servers, storage solutions, industry-specific hardware, virtualization software, operating systems, management software, and related hardware support services, and consulting and advanced customer services. It markets and sells its cloud, license, hardware, support, and services offerings directly to businesses in various industries, government agencies, and educational institutions, as well as through indirect channels. Oracle Corporation has a strategic alliance with Metron, Inc. The company was founded in 1977 and is headquartered in Austin, Texas.

− ACCIONES|BARRATT REDROW

Sale de la cartera; tenia un 0.29% de peso.

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company is also involved in the commercial development business, which includes offices, retail, leisure, industrial, and distribution properties under the Wilson Bowden Developments brand; and land development activities. In addition, it manufactures timber frames under the Oregon Timber Frame brand; and furniture under the BD Living brand. The company offers its homes under the Barratt Homes, David Wilson Homes, Redrow, and Barratt London brands. The company was formerly known as Barratt Developments plc and changed its name Barratt Redrow plc in October 2024. Barratt Redrow plc was founded in 1953 and is headquartered in Coalville, the United Kingdom.

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− ACCIONES|DANONE

Sale de la cartera; tenia un 0.26% de peso.

Danone S.A. operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments. It produces and distributes yogurts, dairy products, coffee creations and drinks, beverages, plant-based products, ice creams, frozen desserts, and cheese products. The company also provides specialized nutrition, including formulas and complementary feeding for babies and young children; and special medical purposes food for children and adults. In addition, it offers tube feeding products and oral nutritional supplements. Further, the company provides mineral waters from natural sources, waters infused with natural fruit extracts, fruit juices, and vitamins. The company offers its products under the Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, Danone, Oikos, YoPRO, International Delight, SToK, Silk, So Delicious, Cow & Gate, Bebelac, SGM, Dumex, HiQ, Nursie, Phosphatine, Mizone, Blédina, Nutrison, Fortimel, Neocate, Nutridrink, AQUA, Bonafont, Salus, Hayat, Sirma, Font Vella, Lanjarón, and Zywiec Zdroj brands.It distributes its products through retail chains and traditional market outlets; convenience stores; hotels, restaurants, and coffee outlets; hospitals, clinics, and pharmacies; and e-commerce channels. The company was formerly known as Groupe Danone and changed its name to Danone S.A. in April 2009. Danone S.A. was incorporated in 1899 and is headquartered in Paris, France.

− ACCIONES|BAE SYSTEMS PLC

Sale de la cartera; tenia un 0.25% de peso.

BAE Systems plc provides defense, aerospace, and security solutions in the United States, the United Kingdom, the Middle East, Australia, Kingdom of Saudi Arabia, Europe, and internationally. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial avionics, and precision guided solutions and communications systems, as well as space electronics, spacecraft, and ground and tactical systems. The Platforms & Services segment manufactures and sells combat vehicles, weapons, and munitions; and offers naval ship repair services, as well as operates and manages two government-owned and contractor-operated ammunition plants. The Air segment develops future combat air systems and falconworks alongside edgewing, and eurofighter and MBDA. The Maritime segment provides maritime and land services, including submarine, ship build, and support programs. The Cyber & Intelligence segment offers cyber security services for national security, central government, and government enterprises. The company was formerly known as British Aerospace plc and changed its name to BAE Systems plc in May 2000. BAE Systems plc was incorporated in 1979 and is headquartered in London, the United Kingdom.

− ACCIONES|ADOBE INC

Sale de la cartera; tenia un 0.25% de peso.

Adobe Inc. operates as a technology company worldwide. The Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content. This segment serves photographers, video editors, graphic and experience designers, game developers, content creators, students, marketers, business owners, knowledge workers, and consumers. The Digital Experience segment provides an integrated platform; and products, services, and solutions that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers e-learning, technical document publishing, web conferencing, document and forms platform, web application development, printing, and Adobe Advertising solutions. It also provides consulting, training, customer management, technical support, and learning services. The company offers its solutions to enterprise customers, and businesses and consumers; and licenses its products to end-user customers through app stores and website at adobe.com. It markets and distributes its products through distributors, retailers, software developers, mobile app stores, systems integrators, independent software vendors, value-added resellers, and original equipment and hardware manufacturers. The company also provides an online visibility management and content marketing software-as-a-service platform. The company has a strategic alliance with HUMAIN for the development of generative AI models and AI-powered applications. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.

− ACCIONES|SSE PLC

Sale de la cartera; tenia un 0.24% de peso.

SSE plc engages in the generation, transmission, distribution, and supply of electricity. The company distributes electricity to approximately 4 million homes and businesses in southern central England and the north of Scotland; and owns, develops, and operates the high voltage electricity transmission system in the north of Scotland and other areas. Its diversified portfolio includes onshore and offshore wind farms, hydro-electric power, and batteries, flexible thermal generation, and electricity transmission and distribution networks. In addition, the company provides energy products and services; and invests in, develops, builds, and operates electricity infrastructure and businesses. The company was formerly known as Scottish and Southern Energy plc and changed its name to SSE plc in September 2011. SSE plc was incorporated in 1989 and is based in Perth, the United Kingdom.

− ACCIONES|B.P. AMOCO

Sale de la cartera; tenia un 0.24% de peso.

BP p.l.c., an integrated energy company, engages in the oil and gas business worldwide. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, marketing, and trading activities, as well as solar, wind, and hydrogen businesses. The company also offers aviation fuel products and services, such as jet fuel; aviation gasoline; UL91 aviation fuel; and sustainable aviation fuel. In addition, it engages in the convenience and retail fuel; EV charging; Castrol lubricants and fluids; B2B; midstream; crude oil production; refining and oil trading; and bioenergy businesses. The company was founded in 1908 and is headquartered in London, the United Kingdom.

− ACCIONES|BASF SE

Sale de la cartera; tenia un 0.24% de peso.

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for the plastics and plastics processing industries. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications, such as polymer dispersions, resins, additives, chemical and refining catalysts, electronic materials, and antioxidants for automotive, petrochemical and petroleum processing, plastics and electronics, construction, electronics, paper coatings, and energy and resources industries. The Surface Technologies segment provides catalysts, battery materials, automotive OEM and refinish coatings, surface treatment, and precious and base metal services for the automotive and chemical industries. The Nutrition & Care segment offers ingredients for consumer applications in the areas of nutrition, home, and personal care applications; and serves the food and feed producers, pharmaceutical, cosmetics, detergents, and cleaner industries, as well as the consumer goods sector. The Agricultural Solutions segment provides seeds and traits, and seed treatment products; fungicides, herbicides, insecticides, and biological crop protection products; and digital solutions. The company engages in engineering and other; rental and leasing; and renewable energy trading, commodity trading activities. BASF SE was founded in 1865 and is headquartered in Ludwigshafen am Rhein, Germany.

− ACCIONES|NOVO NORDISK A/S

Sale de la cartera; tenia un 0.23% de peso.

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. It operates through two segments, Obesity and Diabetes Care, and Rare Disease. The Obesity and Diabetes care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides NovoPen 6 and NovoPen Echo Plus, smart insulin pens; Dose Check, an insulin dose guidance application; growth hormone pens and injection needles; and Wegovy pill an oral glucagon-like peptide-1 (GLP-1) receptor agonist therapy for weight management. It operates in Europe, Canada, the United States, Japan, Korea, Oceania, Southeast Asia, Mainland China, Hong Kong and Taiwan, Latin America, the Middle East, and Africa. Novo Nordisk A/S was founded in 1923 and is headquartered in Bagsvaerd, Denmark.

− ACCIONES|SLB

Sale de la cartera; tenia un 0.23% de peso.

SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; stimulation services to restore or enhance well productivity through hydraulic fracturing, matrix stimulation, and water treatment; and intervention services to oil and gas operators. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift; supplies packers, safety valves, sand control technology, and various intelligent systems; midstream production systems; valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. SLB N.V. was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. The company was founded in 1926 and is based in Houston, Texas.

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− ACCIONES|MERCK

Sale de la cartera; tenia un 0.19% de peso.

Merck & Co., Inc. operates as a healthcare company worldwide. It offers human health pharmaceutical for various areas under the Keytruda, Keytruda Qlex, Welireg, Gardasil, ProQuad, M-M-R II, Varivax, Vaxneuvance, Capvaxive, RotaTeq, Pneumovax 23, Bridion, Prevymis, Dificid, Zerbaxa, Winrevair, Adempas/ Verquvo, Ohtuvayre, Lagevrio, Isentress/Isentress HD, Delstrigo, Pifeltro, Belsomra, Januvia, and Janumet brands. The company also provides veterinary pharmaceuticals, vaccines and health management solutions and services, such as livestock products under the Nuflor, Bovilis/Vista, Bovilis Cryptium, Banamine, Estrumate, Matrix, Resflor, Zuprevo, Revalor, Safe-Guard, M+Pac, Porcilis, Circumvent, Nobilis/Innovax, Paracox and Coccivac, Exzolt, Slice, Imvixa, Clynav, Aquavac/Norvax, Aquaflor, Flexolt brands; Allflex Livestock Intelligence solutions; and companion animal products under the Bravecto One-Month, Bravecto Injectable/Quantum, Bravecto TriUNO, Bravecto Plus, Sentinel Spectrum, Sentinel Flavor Tabs, Numelvi, Optimmune, Nobivac NXT, GilvetMab, Otomax, Mometamax, Mometamax Ultra, Posatex, Caninsulin/Vetsulin, Panacur, Safeguard, Regumate, Prestige, Scalibor/Exspot, Sure Petcare, and Home Again brands. It has development and commercialization agreement for three of Daiichi Sankyo's deruxtecan ADC candidates; AstraZeneca PLC to co-development and co-commercialize AstraZeneca's Lynparza products for multiple cancer types; licensed to develop, manufacture and commercialize LM-299, a novel investigational PD-1/VEGF bispecific antibody from LaNova; and collaboration agreement with Eisai Co., Ltd., Bayer AG, and Ridgeback Biotherapeutics LP, as well Moderna, Inc. Merck & Co., Inc. has strategic collaboration with Infinimmune, Inc. to discover and develop antibodies against multiple therapeutic targets. The company was founded in 1891 and is headquartered in Rahway, New Jersey.

− ACCIONES|VINCI S.A.

Sale de la cartera; tenia un 0.19% de peso.

Vinci SA, together with its subsidiaries, engages in concessions, energy, and construction businesses in France and internationally. It operates through Concessions, Energy Solutions, and Construction segments. The company's Concessions segment operates motorways, autoroutes, airports, highways, railways, and stadiums. Its Energy segment provides services to the manufacturing sector, infrastructure, building solutions and facilities management, and information and communication technology; and industrial and energy-related services, which includes development of renewable energy assets, as well as engineering, procurement, construction projects in the energy sector, and development of renewable energy production facilities of solar, and wind farms. The company's Construction segment engages in designing and undertaking projects, which includes general contractor; geotechnical, and structural engineering and related digital activities, as well as provision of services in nuclear engineering; undertaking building, civil engineering, roadworks, rail works, and water works; development of properties, including residential and commercial properties; and management of residences and property services. Vinci SA was founded in 1899 and is headquartered in Nanterre, France.

▲ UNION EUROPEA

Pasa del 3.88% al 7.51%.

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▲ MORGAN STANLEY RF

Pasa del 0.65% al 1.61%.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Asia, Europe, the Middle East, and Africa. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The company offers capital raising and financial advisory services, including services related to the underwriting of debt, equity securities, and other products, as well as advice on mergers and acquisitions, restructurings, and project finance. It also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; Asia wealth management; business-related investments services; originating corporate and commercial real estate loans, secured lending facilities, and extending securities-based and other financing; and research activities. In addition, the company offers financial advisor-led brokerage, investment advisory, custody, cash management, and administrative services; self-directed brokerage services; financial and wealth planning services; stock plan administration; securities-based lending, residential real estate loans, and other lending products; banking; and retirement plan services. Further, it provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

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▲ ACCIONES|SIEMENS

Pasa del 0.31% al 0.73%.

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization across the world. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments. The Digital Industries segment provides automation systems and software for factories, numerical control systems, servo motors, drives and inverters, and integrated automation systems for machine tools and production machines; process control systems, machine-to-machine communication products, sensors and radio frequency identification systems; production and product lifecycle management software, and simulation and testing of mechatronic system. The Smart Infrastructure segment offers products, systems, solutions, services, and software to support sustainable transition from fossil and renewable energy sources; sustainable buildings and communities; and buildings, electrification, and electrical products. The Mobility segment provides rail passenger and freight transportation, such as metro systems, trams and light rail, and commuter trains, as well as trains and passenger coaches; locomotives and solutions for automated transportation and leasing; products and solutions for rail automation and electrification; maintenance and digital services; and digital and cloud-based solutions, and related services. The Siemens Healthineers segment develops, manufactures, and sells various diagnostic and therapeutic products and services; and provides clinical consulting and training services. Its financial services segment offers debt and equity investments; leasing, lending, and working capital; structured, equipment, and project financing; and financial advisory services. It has a strategic collaboration with IFS to improve product lifecycle with industrial AI. The company was founded in 1847 and is headquartered in Munich, Germany.

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▲ ACCIONES|JOHNSON

Pasa del 0.19% al 0.42%.

Johnson & Johnson, together with its subsidiaries, engages in the research and development, manufacture, and sale of a range of products in the healthcare field worldwide. It operates in two segments, Innovative Medicine and MedTech. The Innovative Medicine segment offers products for various therapeutic areas, such as oncology, immunology, neuroscience, pulmonary hypertension, infectious diseases, and cardiovascular and metabolism distributed through retailers, wholesalers, distributors, hospitals, and healthcare professionals for prescription use. The MedTech segment provides a portfolio of products used in the surgery, orthopedic, cardiovascular, and vision fields distributed through wholesalers, hospitals and retailers, and used in the professional fields by physicians, nurses, hospitals, eye care professionals and clinics. This segment also offers products and enabling technologies that support joint reconstruction, trauma, spine, sports related injuries, and others, as well as open, laparoscopic, and robotic surgical procedures; instrumentation, energy devices, stapling systems, wound closure, biosurgery products, and digital and robotic technologies; breast aesthetics and reconstruction; contact lenses under the ACUVUE brand; intraocular lenses for cataract surgery, and other products used in cataract and refractive procedures under the TECNIS brand. The company was founded in 1886 and is based in New Brunswick, New Jersey.

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▲ ACCIONES|ELI LILLY

Pasa del 0.21% al 0.44%.

Eli Lilly and Company discovers, develops, manufactures, and markets human pharmaceutical products in the United States, Europe, China, Japan, and internationally. The company offers cardiometabolic health products, including Basaglar, Humalog, Humalog Mix 75/25, Humalog U-100, Humalog U-200, Humalog Mix 50/50, insulin lispro, insulin lispro protamine, insulin lispro mix 75/25, Humulin, Humulin 70/30, Humulin N, Humulin R, Humulin U-500 for diabetes; Jardiance, Mounjaro, and Trulicity for type 2 diabetes; and Zepbound for obesity. It also provides oncology products, such as Cyramza for the second-line treatment of gastric cancer or gastro-esophageal junction adenocarcinoma; Erbitux for colorectal cancers and head and neck cancers; Inluriyo for breast cancer; Jaypirca for chronic lymphocytic leukemia or small lymphocytic lymphoma; Retevmo for the treatment of metastatic NSCLC; TYVYT for classic hodgkin's lymphoma; and Verzenio for breast cancer. In addition, the company offers immunology products, which include Ebglyss for severe atopic dermatitis; Olumiant for rheumatoid arthritis, atopic dermatitis, severe alopecia areata, and COVID-19; Omvoh for ulcerative colitis; and Taltz for plaque psoriasis, psoriatic arthritis, ankylosing spondylitis, and non-radiographic axial spondylarthritis. Further, it provides Emgality for migraine prevention and episodic cluster headache, as well as Kisubla for symptomatic Alzheimer's disease. The company has collaborations with Boehringer Ingelheim Pharmaceuticals, Inc. for the Jardiance product family; and F. Hoffmann-La Roche Ltd and Genentech, Inc. for lebrikizumab, as well as license agreements with Almirall, S.A. for Ebglyss; and Chugai Pharmaceutical Co., Ltd for orforglipron; strategic collaboration with Ascidian Therapeutics for development of therapies for undisclosed monogenic kidney diseases; and BioArctic AB (publ) for new treatment. Eli Lilly and Company was founded in 1876 and is headquartered in Indianapolis, Indiana.

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▲ ACCIONES|ALPHABET INC

Pasa del 0.30% al 0.52%.

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in Google Play and YouTube; and devices, as well as the provision of YouTube consumer subscription services, such as YouTube TV, YouTube Music and Premium, NFL Sunday Ticket, and Google One. The Google Cloud segment offers consumption-based fees and subscriptions for AI solutions, including AI infrastructure, Vertex AI platform, and Gemini enterprise. It also provides cybersecurity, and data and analytics services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet; and other enterprise services. The Other Bets segment sells transportation and internet services. Alphabet Inc. was incorporated in 1998 and is headquartered in Mountain View, California.

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▼ ESTADO ALEMAN

Pasa del 4.29% al 0.35%.

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▼ ESTADO ESPAÑOL

Pasa del 0.72% al 0.35%.

Tesoro Gold Ltd engages in the acquisition, exploration, and development of resource projects in Chile. The company primarily explores for gold deposits. It holds 95.4% interest in the El Zorro Gold project covering an area of approximately 570 square kilometers located in northern Chile. The company was formerly known as Tesoro Resources Limited and changed its name to Tesoro Gold Limited in April 2022. The company was founded in 2017 and is based in Fremantle, Australia.

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Renta fija

Exposición RF declarada
19.1 M €
% de la cartera
70.1%
Posiciones
36
Emisores
26
Soberano: 6.6 M € Corporativo: 12.0 M € Repos / gestión de tesorería: 499,245 €

Escalera de vencimientos

Vencimiento contractual observado de cada posición, sin repos. Vencido/≤3 meses incluye bonos que vencen en los primeros días tras el cierre del periodo.

Vencido o ≤3 meses · 6.0%6-12 meses · 9.9%1-2 años · 19.9%2-5 años · 46.2%5-10 años · 17.9%
Vencimiento Posiciones Exposición %
Vencido o ≤3 meses 2 1.1 M € 6.0%
3-6 meses 0 0 € 0.0%
6-12 meses 4 1.9 M € 9.9%
1-2 años 5 3.7 M € 19.9%
2-5 años 15 8.6 M € 46.2%
5-10 años 9 3.3 M € 17.9%
> 10 años 0 0 € 0.0%
Desconocido 0 0 € 0.0%

Top emisores

Los 10 emisores con mayor exposición declarada en este fondo, sin repos.

Emisor Tipo Nº ISIN Exposición Próximo vencimiento
Bundesrepublik Deutschland Soberano 3 2.7 M € 2027-04-16
European Union Supranacional 2 2.5 M € 2028-06-02
ESTADO HOLANDA Soberano 2 2.2 M € 2028-07-15
Repubblica Italiana Soberano 1 1.0 M € 2027-06-01
MORGAN STANLEY RF Corporativo 2 926,516 € 2026-10-27
BANKAMERICA CORP Corporativo 2 829,181 € 2027-05-04
Reino de España Soberano 3 748,640 € 2028-01-31
ENI SPA Corporativo 2 678,607 € 2026-02-02
MERCEDES BENZ Corporativo 1 616,002 € 2026-03-09
DES CAISSES DESJARDI Corporativo 1 611,195 € 2028-04-18

Top instrumentos

Los 10 instrumentos con mayor exposición declarada. Sin yield, TIR ni rating: no hay dato fiable para calcularlos.

ISIN Cupón Vencimiento Exposición
EU000A3K4EN5 European Union 3.13% 2028-12-05 2.1 M €
DE0001141851 Bundesrepublik Deutschland 1.16% 2027-04-16 1.7 M €
NL0012818504 ESTADO HOLANDA 0.75% 2028-07-15 1.3 M €
IT0005240830 Repubblica Italiana 2.20% 2027-06-01 1.0 M €
DE0001102457 Bundesrepublik Deutschland 0.25% 2028-08-15 949,077 €
NL00150006U0 ESTADO HOLANDA 2.40% 2031-07-15 849,312 €
DE000A2AAL31 MERCEDES BENZ 1.50% 2026-03-09 616,002 €
XS2613159719 DES CAISSES DESJARDI 3.25% 2028-04-18 611,195 €
FR0013422011 BNP PARIBAS SA 1.38% 2029-05-28 565,985 €
FR00140095D5 CIE FINANCEMET FONCI 0.50% 2028-03-16 557,020 €

Movimientos de renta fija del periodo

Compara la cartera RF actual con la del periodo anterior, por ISIN. Una salida coincidente con vencimiento no es una venta: el bono llegó a su fecha contractual.

Nuevas posiciones: 6 Salidas por vencimiento: 2 Salidas no explicadas por vencimiento: 5
+ ESTADO ITALIANO

Entra en la cartera con un 3.67% de peso.

+ ESTADO ALEMAN

Entra en la cartera con un 3.48% de peso.

+ BNP PARIBAS

Entra en la cartera con un 2.07% de peso.

+ UNION EUROPEA

Entra en la cartera con un 1.73% de peso.

+ ENAGAS FINANCIACIONE

Entra en la cartera con un 1.42% de peso.

+ TOYOTA MOTOR

Entra en la cartera con un 0.75% de peso.

− ESTADO FRANCES

Sale de la cartera; tenía un 3.96% de peso.

− ESTADO ESPAÑOL

Sale de la cartera; tenía un 3.31% de peso.

− LOREAL

Sale de la cartera; tenía un 2.28% de peso.

− ESTADO ESPAÑOL

Sale de la cartera; tenía un 1.79% de peso.

− CREDIT AGRICOLE

Sale de la cartera; tenía un 1.28% de peso.

◦ BMW FINANCE NV

Sale de la cartera; tenía un 2.66% de peso.

◦ CREDIT AGRICOLE

Sale de la cartera; tenía un 1.10% de peso.

Aviso

Esto no es asesoramiento financiero. La cartera procede del informe periodico que el fondo presenta en la CNMV y llega con retraso respecto al cierre real del periodo: es una foto del final de cada semestre, no la cartera en tiempo real.