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RENTA 4 GLOBAL, FI

Category
Latest period
H2 2025
Positions
65

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.

65
Company Type Country Weight Price
ACCIONES|MICRON TECHNOLOGY INC US5951121038 · USD Renta Variable Cotizada US 3.23%
ACCIONES|Hermes International FR0000052292 · EUR Renta Variable Cotizada FR 2.82%
ACCIONES|Roche Holding AG CH0012032048 · CHF Renta Variable Cotizada CH 2.63%
ACCIONES|ELI LILLY & CO US5324571083 · USD Renta Variable Cotizada US 2.58%
ACCIONES|NVIDIA CORP US67066G1040 · USD Renta Variable Cotizada US 2.53%
ACCIONES|ASML HOLDING NV NL0010273215 · EUR Renta Variable Cotizada NL 2.45%
ACCIONES|BROADCOM INC US11135F1012 · USD Renta Variable Cotizada US 2.35%
ACCIONES|Schindler Holding AG CH0024638196 · CHF Renta Variable Cotizada CH 2.22%
SACYR SA XS3071337847 · EUR Renta Fija Cotizada Mas 1 Anio XS 2.19%
ACCIONES|AMAZON.COM INC US0231351067 · USD Renta Variable Cotizada US 2.09%
CELLNEX FINANCE CO SA XS2465792294 · EUR Renta Fija Cotizada Menos 1 Anio XS 1.99%
CEPSA FINANCE SA XS2202744384 · EUR Renta Fija Cotizada Menos 1 Anio XS 1.98%
ACCIONES|Lam Research Corp US5128073062 · USD Renta Variable Cotizada US 1.94%
ACCIONES|ALPHABET INC US02079K1079 · USD Renta Variable Cotizada US 1.92%
ACCIONES|MICROSOFT CORP US5949181045 · USD Renta Variable Cotizada US 1.75% 483.24 USD
AUTOPISTA DEL ATLAN CESA ES0211839271 · EUR Renta Fija Cotizada Mas 1 Anio ES 1.70%
Vocento SA ES05148200U7 · EUR Renta Fija No Cotizada ES 1.56%
OPDENERGY ES0505544454 · EUR Renta Fija No Cotizada ES 1.56%
MOTA ENGIL SGPS SA PTME14JM0110 · EUR Renta Fija No Cotizada PT 1.55%
MASMOVIL IBERCOM SA ES05846961O2 · EUR Renta Fija No Cotizada ES 1.54%
ACCIONES|IAG LN ES0177542018 · EUR Renta Variable Cotizada ES 1.52%
ACCIONES|Industria de Diseno Textil SA ES0148396007 · EUR Renta Variable Cotizada ES 1.50%
ACCIONES|Galderma Group AG CH1335392721 · CHF Renta Variable Cotizada CH 1.48%
VOLKSWAGEN LEASING GMBH XS2282094494 · EUR Renta Fija Cotizada Menos 1 Anio XS 1.42%
ACCIONES|SCHNEIDER ELECTRIC SE FR0000121972 · EUR Renta Variable Cotizada FR 1.37%
ACCIONES|Repsol SA ES0173516115 · EUR Renta Variable Cotizada ES 1.36%
ACCIONES|SOUTHERN COPPER CORP US84265V1052 · USD Renta Variable Cotizada US 1.33%
ACCIONES|3M COMPANY US88579Y1010 · USD Renta Variable Cotizada US 1.30%
ACCIONES|CATERPILLAR INC US1491231015 · USD Renta Variable Cotizada US 1.30%
ACCIONES|Applied Materials Inc US0382221051 · USD Renta Variable Cotizada US 1.28%
ACCIONES|Crowdstrike Holdings Inc US22788C1053 · USD Renta Variable Cotizada US 1.27%
ACCIONES|Barry Callebaut AG CH0009002962 · CHF Renta Variable Cotizada CH 1.27%
ACCIONES|Ulta Beauty Inc US90384S3031 · USD Renta Variable Cotizada US 1.23%
ACCIONES|Aerovironment Inc US0080731088 · USD Renta Variable Cotizada US 1.20%
ACCIONES|Constellation Energy Corp US21037T1097 · USD Renta Variable Cotizada US 1.20%
ACCIONES|Partners Group Holding AG CH0024608827 · CHF Renta Variable Cotizada CH 1.12%
ACCIONES|WOLTERS KLUWER NV NL0000395903 · EUR Renta Variable Cotizada NL 1.08%
Vocento SA ES05148201A7 · EUR Renta Fija No Cotizada ES 1.06%
Vocento SA ES05148201B5 · EUR Renta Fija No Cotizada ES 1.04%
GREENALIA SA ES0505293516 · EUR Renta Fija No Cotizada ES 1.04%
ACCIONES|ABBVIE INC US00287Y1091 · USD Renta Variable Cotizada US 1.03%
ACCIONES|ADOBE INC US00724F1012 · USD Renta Variable Cotizada US 1.03%
Euskaltel SA ES0505075582 · EUR Renta Fija No Cotizada ES 1.02%
MASMOVIL IBERCOM SA ES05846960X5 · EUR Renta Fija No Cotizada ES 1.02%
OPDENERGY ES0505544470 · EUR Renta Fija No Cotizada ES 1.02%
ACCIONES|LEGRAND SA FR0010307819 · EUR Renta Variable Cotizada FR 1.02%
ACCIONES|Advanced Micro Devices Inc US0079031078 · USD Renta Variable Cotizada US 0.97%
ACCIONES|SMG Swiss Marketplace Group AG CH1484953687 · CHF Renta Variable Cotizada CH 0.93%
ACCIONES|QUALCOMM INC US7475251036 · USD Renta Variable Cotizada US 0.93% 160.75 USD
ACCIONES|Novo Nordisk A/S US6701002056 · USD Renta Variable Cotizada US 0.92%
ACCIONES|INTL FLAVOR & FRAGRANCES US4595061015 · USD Renta Variable Cotizada US 0.92%
ACCIONES|Watches of Switzerland Group P GB00BJDQQ870 · GBP Renta Variable Cotizada GB 0.87%
ACCIONES|AIR LIQUIDE SA FR0000120073 · EUR Renta Variable Cotizada FR 0.85%
ACCIONES|ARM Holdings PLC US0420682058 · USD Renta Variable Cotizada US 0.84%
ACCIONES|salesforce.com Inc US79466L3024 · USD Renta Variable Cotizada US 0.84%
ACCIONES|Geberit AG CH0030170408 · CHF Renta Variable Cotizada CH 0.81%
ACCIONES|CIE DE SAINT-GOBAIN SA FR0000125007 · EUR Renta Variable Cotizada FR 0.79% 81.20 EUR
ACCIONES|Ambu A/S DK0060946788 · DKK Renta Variable Cotizada DK 0.63%
ACCIONES|Facebook Inc US30303M1027 · USD Renta Variable Cotizada US 0.60% 549.90 USD
ACCIONES|CELLNEX TELECOM SA ES0105066007 · EUR Renta Variable Cotizada ES 0.58%
ACCIONES|MERCADOLIBRE INC US58733R1023 · USD Renta Variable Cotizada US 0.55%
ACCIONES|Chocoladefabriken Lindt & Spru CH0010570767 · CHF Renta Variable Cotizada CH 0.53%
ACCIONES|COREWEAVE INC US21873S1087 · USD Renta Variable Cotizada US 0.49%
ACCIONES|Newmont Corp US6516391066 · USD Renta Variable Cotizada US 0.45% 131.58 USD
ACCIONES|ORACLE CORP US68389X1054 · USD Renta Variable Cotizada US 0.26%

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 19 Exits: 11 Increases: 15 Cuts: 10
+ Vocento SA

Enters the portfolio at 1.56% weight.

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+ OPDENERGY

Enters the portfolio at 1.56% weight.

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+ MASMOVIL IBERCOM SA

Enters the portfolio at 1.54% weight.

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+ ACCIONES|Industria de Diseno Textil SA

Enters the portfolio at 1.50% weight.

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+ ACCIONES|WOLTERS KLUWER NV

Enters the portfolio at 1.08% weight.

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+ Vocento SA

Enters the portfolio at 1.06% weight.

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+ Vocento SA

Enters the portfolio at 1.04% weight.

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+ GREENALIA SA

Enters the portfolio at 1.04% weight.

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+ OPDENERGY

Enters the portfolio at 1.02% weight.

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+ ACCIONES|SMG Swiss Marketplace Group AG

Enters the portfolio at 0.93% weight.

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+ ACCIONES|INTL FLAVOR & FRAGRANCES

Enters the portfolio at 0.92% weight.

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+ ACCIONES|Watches of Switzerland Group P

Enters the portfolio at 0.87% weight.

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+ ACCIONES|Ambu A/S

Enters the portfolio at 0.63% weight.

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+ ACCIONES|CELLNEX TELECOM SA

Enters the portfolio at 0.58% weight.

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+ ACCIONES|MERCADOLIBRE INC

Enters the portfolio at 0.55% weight.

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+ ACCIONES|Chocoladefabriken Lindt & Spru

Enters the portfolio at 0.53% weight.

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+ ACCIONES|COREWEAVE INC

Enters the portfolio at 0.49% weight.

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+ ACCIONES|Newmont Corp

Enters the portfolio at 0.45% weight.

Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.

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+ ACCIONES|ORACLE CORP

Enters the portfolio at 0.26% weight.

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− CAIXABANK SA

Leaves the portfolio; it was 2.09% of weight.

− ACCIONES|LINDE PLC

Leaves the portfolio; it was 1.28% of weight.

− Vocento SA

Leaves the portfolio; it was 1.15% of weight.

− Vocento SA

Leaves the portfolio; it was 1.15% of weight.

− MASMOVIL IBERCOM SA

Leaves the portfolio; it was 1.13% of weight.

− OPDENERGY

Leaves the portfolio; it was 1.13% of weight.

− Euskaltel SA

Leaves the portfolio; it was 1.12% of weight.

− ACCIONES|BAE Systems PLC

Leaves the portfolio; it was 0.96% of weight.

− ACCIONES|Temenos Group AG

Leaves the portfolio; it was 0.89% of weight.

− ACCIONES|L´OREAL SA

Leaves the portfolio; it was 0.85% of weight.

− ACCIONES|ALPHABET INC

Leaves the portfolio; it was 0.65% of weight.

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▲ ACCIONES|MICRON TECHNOLOGY INC

Goes from 1.52% to 3.23%.

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▲ ACCIONES|ALPHABET INC

Goes from 0.53% to 1.92%.

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▲ SACYR SA

Goes from 1.17% to 2.19%.

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▲ ACCIONES|Lam Research Corp

Goes from 1.20% to 1.94%.

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▲ ACCIONES|ELI LILLY & CO

Goes from 2.04% to 2.58%.

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▲ ACCIONES|ASML HOLDING NV

Goes from 1.98% to 2.45%.

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▲ ACCIONES|AMAZON.COM INC

Goes from 1.68% to 2.09%.

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▲ ACCIONES|Roche Holding AG

Goes from 2.26% to 2.63%.

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▲ ACCIONES|CATERPILLAR INC

Goes from 0.96% to 1.30%.

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▲ ACCIONES|Galderma Group AG

Goes from 1.15% to 1.48%.

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▲ ACCIONES|SOUTHERN COPPER CORP

Goes from 1.01% to 1.33%.

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▲ ACCIONES|Constellation Energy Corp

Goes from 0.88% to 1.20%.

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▲ ACCIONES|BROADCOM INC

Goes from 2.05% to 2.35%.

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▲ ACCIONES|Applied Materials Inc

Goes from 1.00% to 1.28%.

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▲ ACCIONES|Advanced Micro Devices Inc

Goes from 0.70% to 0.97%.

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▼ ACCIONES|Hermes International

Goes from 3.35% to 2.82%.

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▼ ACCIONES|ARM Holdings PLC

Goes from 1.36% to 0.84%.

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▼ ACCIONES|Novo Nordisk A/S

Goes from 1.37% to 0.92%.

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▼ ACCIONES|IAG LN

Goes from 1.86% to 1.52%.

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▼ ACCIONES|Crowdstrike Holdings Inc

Goes from 1.51% to 1.27%.

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▼ CELLNEX FINANCE CO SA

Goes from 2.21% to 1.99%.

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▼ ACCIONES|MICROSOFT CORP

Goes from 1.97% to 1.75%.

Microsoft Corporation, a technology company, develops and supports a portfolio of technology solutions for individuals and businesses worldwide. It operates through three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Microsoft 365 Commercial, Enterprise Mobility + Security, Power BI, Exchange, SharePoint, Microsoft Teams, Microsoft 365 Security and Compliance, Microsoft 365 Copilot, and Windows Commercial on-premises and Office licensed on-premises. This segment also provides Microsoft 365 Consumer products and cloud services; LinkedIn, including talent solutions, marketing solutions, subscriptions, and sales solutions; Dynamics 365, a set of cloud-based applications; and on-premises ERP and CRM applications. The Intelligent Cloud segment offers server products and cloud services; cloud and AI consumption-based services, GitHub cloud services, health and life sciences cloud services, as well as virtual desktop offerings, and other cloud services; SQL Server, Windows Server, Visual Studio, System Center, and related client access licenses; and enterprise support services, industry solutions, Microsoft partner network, and learning experience. The More Personal Computing segment provides Windows OEM licensing and devices comprising Surface and PC accessories; XBOX hardware, and XBOX first- and third-party content and services; XBOX Game Pass and other subscriptions; XBOX Cloud Gaming, advertising, and other cloud services; and search advertising consisting of Bing, Copilot, Microsoft News, Microsoft Edge, and third-party affiliates. It sells its products through partners and retail networks. The company was founded in 1975 and is headquartered in Redmond, Washington.

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▼ ACCIONES|ADOBE INC

Goes from 1.24% to 1.03%.

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▼ CEPSA FINANCE SA

Goes from 2.19% to 1.98%.

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▼ ACCIONES|CIE DE SAINT-GOBAIN SA

Goes from 0.99% to 0.79%.

Compagnie de Saint-Gobain S.A., together with its subsidiaries, designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide. It operates in five segments: High Performance Solutions; Northern Europe; Southern Europe – Middle East (ME) Americas; and Asia-Pacific. The company offers plaster-based products and systems for the construction and renovation markets under the Placo, Rigips, and Gyproc brands; insulation solutions for a range of applications, such as heating and air conditioning systems, insulation of pipes in industrial installations, engine and interior compartments of vehicles, household appliances, and photovoltaic panels under the Isover, CertainTeed, and Izocam brands; and mortars and construction chemicals under the Weber, Chryso, and GCP brands. It also provides ceilings under the Ecophon, CertainTeed, Eurocoustic, Gyptone, and Vinh Tuong brands; glazing solutions for buildings and mobility, including flat glass under the Saint-Gobain Glass, GlassSolutions, Vetrotech, and SageGlass brands; ductile cast iron pipe systems, covers, and gratings under the PAM brand; glass fiber materials and technical textiles; and abrasives, adhesives, sealants, adhesive tapes, foams, and films. In addition, the company offers ceramics and polymers; and exterior products comprising asphalt and composite shingles, solar roofing solutions, roll roofing systems, accessories, polymer shakes and shingles, and insulation cladding solutions under the CertainTeed brands. Further, it distributes heavy building materials; plumbing, heating, ventilation, and sanitaryware products; construction products; office partitions; timber and byproducts; home improvement products and services; bathrooms and kitchens; steel; and site equipment, PPEs, and tools. Compagnie de Saint-Gobain S.A. was founded in 1665 and is headquartered in Courbevoie, France.

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Fixed income

Declared FI exposure
4.1 M €
% of portfolio
21.7%
Positions
15
Issuers
11
Sovereign: 0 € Corporate: 4.1 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 · 58.3%3-6 months · 12.0%6-12 months · 11.8%2-5 years · 17.9%
Maturity Positions Exposure %
Matured or ≤3 months 9 2.4 M € 58.3%
3-6 months 2 489,523 € 12.0%
6-12 months 2 480,891 € 11.8%
1-2 years 0 0 € 0.0%
2-5 years 2 731,170 € 17.9%
5-10 years 0 0 € 0.0%
> 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
Vocento SA Corporate 3 688,200 € 2026-01-19
Opdenergy Corporate 2 483,722 € 2026-02-11
Masmovil Ibercom Corporate 2 482,226 € 2026-01-15
SACYR SA Corporate 1 410,981 € 2030-02-28
CELLNEX FINANCE CO S Corporate 1 374,188 € 2026-01-21
CEPSA FINANCE SA Corporate 1 371,915 € 2026-01-21
AUTOPISTA DEL ATLAN CESA Corporate 1 320,189 € 2030-06-26
MOTA-ENGIL SGPS Corporate 1 291,214 € 2026-01-16
VOLKSWAGEN LEASING Corporate 1 267,473 € 2026-01-12
GREENALIA SA Corporate 1 195,805 € 2026-04-24

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
XS3071337847 SACYR SA 4.75% 2030-02-28 410,981 €
XS2465792294 CELLNEX FINANCE CO S 2.25% 2026-01-21 374,188 €
XS2202744384 CEPSA FINANCE SA 2.25% 2026-01-21 371,915 €
ES0211839271 AUTOPISTA DEL ATLAN CESA 4.40% 2030-06-26 320,189 €
ES05148200U7 Vocento SA 4.43% 2026-06-08 293,718 €
ES0505544454 Opdenergy 4.34% 2026-02-11 292,583 €
PTME14JM0110 MOTA-ENGIL SGPS 5.28% 2026-01-16 291,214 €
ES05846961O2 Masmovil Ibercom 3.54% 2026-09-11 289,752 €
XS2282094494 VOLKSWAGEN LEASING 0.25% 2026-01-12 267,473 €
ES05148201A7 Vocento SA 4.10% 2026-01-19 198,458 €

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: 7 Exits at maturity: 6 Exits not explained by maturity: 0
+ Vocento SA

Enters the portfolio at 1.56% weight.

+ OPDENERGY

Enters the portfolio at 1.56% weight.

+ MASMOVIL IBERCOM SA

Enters the portfolio at 1.54% weight.

+ Vocento SA

Enters the portfolio at 1.06% weight.

+ Vocento SA

Enters the portfolio at 1.04% weight.

+ GREENALIA SA

Enters the portfolio at 1.04% weight.

+ OPDENERGY

Enters the portfolio at 1.02% weight.

◦ CAIXABANK SA

Leaves the portfolio; it was 2.09% of weight.

◦ Vocento SA

Leaves the portfolio; it was 1.15% of weight.

◦ Vocento SA

Leaves the portfolio; it was 1.15% of weight.

◦ OPDENERGY

Leaves the portfolio; it was 1.13% of weight.

◦ MASMOVIL IBERCOM SA

Leaves the portfolio; it was 1.13% of weight.

◦ Euskaltel SA

Leaves the portfolio; it was 1.12% 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.