Manager
RENTA 4 GESTORA, S.G.I.I.C., S.A.
See the CNMV manager universe →
Fund page
RENTA 4 ACTIVOS GLOBALES, FI
Category
—
Latest period
H2 2025
Positions
77
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.
77
Company
Type
Country
Weight
Price
This period's moves
H2 2025 vs H1 2025 (estimated)
New: 27
Exits: 23
Increases: 4
Cuts: 4
+ ACCIONES|Allfunds Group Plc
Enters the portfolio at 0.31% weight.
Allfunds Group plc, together with its subsidiaries, operates as a B2B WealthTech company that connects fund houses and distributors in the United Kingdom and internationally. It operates through two segments, Net Platform, and Net Subscription and Other Revenues. The company offers Connect, an Allfunds professional workstation; and Nextportfolio, a portfolio management system; and end-investor platform for wealth management needs of asset managers, banks, wealth managers, and insurance companies. It also provides ESG solutions, such as ESG scoring, reporting, portfolio advisory and construction, audit and certification, analysis, investment proposal generator, reporting generator, and monitoring; model portfolio advisory, bespoke reporting, private assets, audit and certification, fund selection, and regulatory implementation services; and Sustainability Navigator, a tool for constructing sustainable investment portfolios in line with SFDR regulation. In addition, the company offers regulatory reporting corner, a specialized platform to provide fund registration, regulatory reporting, and distribution, as well as generate fund regulatory reporting. Further, it provides investment solutions for Distributors and Fund Houses, including Management Company (ManCo) white label services in connection with the creation and distribution of UCITs funds; White Label Fund Hosting Platform that provides supports mutual funds and ETFs; Allfunds Navigator which provides market insights and identify opportunities; and Allfunds Blockchain solutions. The company serves private bank, insurance, asset management, bank, custodian, and other customers. The company was founded in 2000 and is based in London, the United Kingdom.
View company page →− GERMAN TREASURY BILL
Leaves the portfolio; it was 3.12% of weight.
− FINNISH GOVERNMENT
Leaves the portfolio; it was 2.67% of weight.
− NETHERLANDS GOVERNMENT
Leaves the portfolio; it was 2.55% of weight.
− TOTALENERGIES CAP INTL
Leaves the portfolio; it was 1.69% of weight.
− MEDTRONIC GLOBAL HLDINGS
Leaves the portfolio; it was 1.49% of weight.
− VISA INC
Leaves the portfolio; it was 1.42% of weight.
− VERALLIA SA
Leaves the portfolio; it was 1.41% of weight.
− GESTAMP AUTOMOCION SA
Leaves the portfolio; it was 1.38% of weight.
− ANGLO AMERICAN CAPITAL
Leaves the portfolio; it was 1.26% of weight.
− ACCIONES|Unilever PLC
Leaves the portfolio; it was 0.96% of weight.
− STELLANTIS NV
Leaves the portfolio; it was 0.95% of weight.
− VOLKSWAGEN INTL FIN NV
Leaves the portfolio; it was 0.74% of weight.
− ACCIONES|LINDE PLC
Leaves the portfolio; it was 0.68% of weight.
− ACCIONES|TOTAL SE
Leaves the portfolio; it was 0.67% of weight.
− VOLKSWAGEN INTL FIN NV
Leaves the portfolio; it was 0.49% of weight.
− ACCIONES|Siemens Healthineers AG
Leaves the portfolio; it was 0.49% of weight.
− ACCIONES|DEUTSCHE BOERSE AG
Leaves the portfolio; it was 0.47% of weight.
Deutsche Börse AG operates as an international exchange organization in Germany, rest of Europe, the United States, and the Asia-Pacific. The company operates through four segments: Investment Management Solutions, Trading & Clearing, Fund Services, and Securities Services. The Investment Management Solutions segment offers financial data, analytics, and software-as-a-service solutions including research, data collection, data analysis, and the provision of indices, analytics and investment management software to institutional investors, banks, and corporate clients. The Trading & Clearing segment engages in the development and operation of markets and trading systems for securities, derivatives, commodities, currencies, digital assets, and other asset classes. This segment handles settlement of transactions through clearing houses. Its Fund Services segment provides infrastructure and services for fund processing, including order routing, settlement, custody, data and distribution support for investment funds. The Securities Services segment offers various services for securities issuance, settlement, custody as well as collateral, securities lending, and liquidity management. The company was founded in 1585 and is headquartered in Eschborn, Germany.
View company page →− ACCIONES|AIRBUS SE
Leaves the portfolio; it was 0.45% of weight.
Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aeronautics and aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services. The Airbus Helicopters segment develops, manufactures, markets, and sells civil and military helicopters; and provides uncrewed aerial systems and their related services. The Airbus Defence and Space segment designs, develops, delivers, and supports crewed and uncrewed military air systems and related services. This segment also offers civil and defence space systems for telecommunications, earth observations, navigation, and science and orbital systems; and services around data processing from platforms, secure communication, and cyber security. The company was formerly known as Airbus Group SE and changed its name to Airbus SE in April 2017. The company was incorporated in 1998 and is headquartered in Leiden, the Netherlands.
View company page →− ACCIONES|ATLAS COPCO AB
Leaves the portfolio; it was 0.40% of weight.
− GENERAL DE ALQUI
Leaves the portfolio; it was 0.37% of weight.
− ACCIONES|Spirax-Sarco Engineering PLC
Leaves the portfolio; it was 0.37% of weight.
− JUST EAT TAKEAWAY
Leaves the portfolio; it was 0.17% of weight.
Fixed income
Declared FI exposure
61.7 M €
% of portfolio
61.6%
Positions
40
Issuers
36
Sovereign: 13.8 M €
Corporate: 48.0 M €
Maturity ladder
Observed contractual maturity of each position, repos excluded. Matured/≤3 months includes bonds maturing in the first days after the period close.
Matured or ≤3 months · 6.5%3-6 months · 4.2%6-12 months · 12.0%1-2 years · 16.9%2-5 years · 40.0%5-10 years · 20.3%
Maturity
Positions
Exposure
%
Matured or ≤3 months
5
4.0 M €
6.5%
3-6 months
2
2.6 M €
4.2%
6-12 months
4
7.4 M €
12.0%
1-2 years
5
10.5 M €
16.9%
2-5 years
15
24.7 M €
40.0%
5-10 years
9
12.6 M €
20.3%
> 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
FRANCE (GOVT OF)
Sovereign
2
5.3 M €
2026-09-24
United States Treasury
Sovereign
1
3.5 M €
2027-05-15
BANCO SANTANDER SA
Bank
1
2.6 M €
2029-11-20
BANCO BILBAO VIZCAYA ARG
Bank
1
2.5 M €
2028-06-21
IBERDROLA FINANZAS S
Corporate
1
2.4 M €
2030-08-28
TELEFONICA EUROPE BV
Corporate
1
2.2 M €
2031-06-07
GLENCORE FINANCE EUROPE
Corporate
1
2.2 M €
2026-04-01
ENEL SPA
Corporate
1
2.2 M €
2028-04-16
TOTALENERGIES SE
Corporate
1
2.2 M €
2026-10-06
CAIXABANK SA
Bank
1
2.1 M €
2027-10-09
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
US91282CKR15 United States Treasury
4.50%
2027-05-15
3.5 M €
FR001400FYQ4 FRANCE (GOVT OF)
2.50%
2026-09-24
3.3 M €
XS2817323749 BANCO SANTANDER SA
7.00%
2029-11-20
2.6 M €
XS2638924709 BANCO BILBAO VIZCAYA ARG
8.38%
2028-06-21
2.5 M €
XS2949317676 IBERDROLA FINANZAS S
4.25%
2030-08-28
2.4 M €
XS2646608401 TELEFONICA EUROPE BV
6.75%
2031-06-07
2.2 M €
XS1050842423 GLENCORE FINANCE EUROPE
3.75%
2026-04-01
2.2 M €
XS2576550086 ENEL SPA
6.38%
2028-04-16
2.2 M €
XS1501166869 TOTALENERGIES SE
3.37%
2026-10-06
2.2 M €
ES0840609020 CAIXABANK SA
5.88%
2027-10-09
2.1 M €
Currencies
Fixed-income exposure by instrument currency.
Currency
Exposure
%
EUR
56.9 M €
92.2%
USD
4.8 M €
7.8%
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: 13
Exits at maturity: 10
Exits not explained by maturity: 4
+ BONOS Y OBLIG DEL ESTADO
Enters the portfolio at 2.03% weight.
+ FRANCE (GOVT OF)
Enters the portfolio at 2.00% weight.
+ BELGIUM KINGDOM
Enters the portfolio at 1.99% weight.
+ GLENCORE CAP FIN DAC
Enters the portfolio at 1.51% weight.
+ ACS ACTIVIDADES CONS Y S
Enters the portfolio at 1.50% weight.
+ BOOKING HOLDINGS INC
Enters the portfolio at 1.48% weight.
+ CARREFOUR SA
Enters the portfolio at 1.47% weight.
+ PROSUS NV
Enters the portfolio at 1.30% weight.
+ SARTORIUS FINANCE BV
Enters the portfolio at 1.06% weight.
+ RWE AG
Enters the portfolio at 1.01% weight.
+ IMPERIAL BRANDS FIN PLC
Enters the portfolio at 0.98% weight.
+ VERALLIA SA
Enters the portfolio at 0.97% weight.
+ BUNDESREPUB. DEUTSCHLAND
Enters the portfolio at 0.97% weight.
− VERALLIA SA
Leaves the portfolio; it was 1.41% of weight.
− STELLANTIS NV
Leaves the portfolio; it was 0.95% of weight.
− VOLKSWAGEN INTL FIN NV
Leaves the portfolio; it was 0.74% of weight.
− VOLKSWAGEN INTL FIN NV
Leaves the portfolio; it was 0.49% of weight.
◦ GERMAN TREASURY BILL
Leaves the portfolio; it was 3.12% of weight.
◦ FINNISH GOVERNMENT
Leaves the portfolio; it was 2.67% of weight.
◦ NETHERLANDS GOVERNMENT
Leaves the portfolio; it was 2.55% of weight.
◦ TOTALENERGIES CAP INTL
Leaves the portfolio; it was 1.69% of weight.
◦ MEDTRONIC GLOBAL HLDINGS
Leaves the portfolio; it was 1.49% of weight.
◦ VISA INC
Leaves the portfolio; it was 1.42% of weight.
◦ GESTAMP AUTOMOCION SA
Leaves the portfolio; it was 1.38% of weight.
◦ ANGLO AMERICAN CAPITAL
Leaves the portfolio; it was 1.26% of weight.
◦ GENERAL DE ALQUI
Leaves the portfolio; it was 0.37% of weight.
◦ JUST EAT TAKEAWAY
Leaves the portfolio; it was 0.17% 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.