Manager
GESCOOPERATIVO, S.A., S.G.I.I.C.
See the CNMV manager universe →
Fund page
RURAL MIXTO INTERNACIONAL 25, FI
Category
—
Latest period
H2 2025
Positions
143
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.
143
Company
Type
Country
Weight
Price
This period's moves
H2 2025 vs H1 2025 (estimated)
New: 8
Exits: 17
Increases: 5
Cuts: 1
+ Sacyr SA
Enters the portfolio at 0.42% weight.
Sacyr, S.A. engages in the development and operation of infrastructure concessions worldwide. It is involved in the infrastructure development, such as transportation, sanitation, water, and waste treatment; development of large-scale civil engineering, industrial transport infrastructure, and building projects; water treatment, purification, desalination, purification, and reuse, as well as operation and maintenance of facilities. The company was formerly known as Sacyr Vallehermoso S.A. and changed its name to Sacyr, S.A. in August 2013. Sacyr, S.A. is based in Madrid, Spain.
View company page →− Us Treasury N/B
Leaves the portfolio; it was 3.06% of weight.
− US Treasury N/B
Leaves the portfolio; it was 1.66% of weight.
− Pagare Comunidad de Madrid
Leaves the portfolio; it was 1.50% of weight.
− Verallia SA
Leaves the portfolio; it was 0.44% of weight.
Verallia Société Anonyme manufactures and sells glass packaging products for beverages and food products worldwide. It provides bottles for still and semi-sparkling wines, spirits, beers, soft drinks, and oils. The company also offers jars for baby food, dairy products, jams, honey, spreads, condiments, sauces, preserves, etc. Verallia Société Anonyme was founded in 1827 and is based in Courbevoie, France.
− Sacyr SA
Leaves the portfolio; it was 0.43% of weight.
Sacyr, S.A. engages in the development and operation of infrastructure concessions worldwide. It is involved in the infrastructure development, such as transportation, sanitation, water, and waste treatment; development of large-scale civil engineering, industrial transport infrastructure, and building projects; water treatment, purification, desalination, purification, and reuse, as well as operation and maintenance of facilities. The company was formerly known as Sacyr Vallehermoso S.A. and changed its name to Sacyr, S.A. in August 2013. Sacyr, S.A. is based in Madrid, Spain.
− Banco Santander SA
Leaves the portfolio; it was 0.30% of weight.
Banco Santander, S.A. provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide. The company operates through five segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services. The company also provides credit and debit cards, real estate loans, microfinance, and auto loans; corporate and investment banking services; advice on mergers and acquisitions; wealth, asset, and risk management services; and digital payments and technology solutions. In addition, it is involved in the securitization, leasing, management of portfolios, e-commerce, air transport, aircraft rental, software, consulting, fund and investment management, renewable energy, vehicle rental, insurance, advertising, marketing, telemarketing, automotive, agricultural, factoring, securities brokerage and investment, pension fund management, trade intermediary, venture capital fund, renting, restaurant, electricity production, IT, internet, and financial advisory and other activities; management, and other real estate activities; and purchase and sale of vehicles. Further, the company offers mobile and online banking services. Banco Santander, S.A. was formerly known as Banco Santander Central Hispano SA and changed its name to Banco Santander, S.A. in February 2007. The company was incorporated in 1856 and is headquartered in Madrid, Spain.
− Unicaja Banco SA
Leaves the portfolio; it was 0.30% of weight.
Unicaja Banco, S.A. engages in the retail banking business in Spain. The company offers current, savings, young person, and payment accounts; term deposits; debit, business, and credit cards; mortgages; study, eco-mobility, mobility vehicle, reform, and home loans; and home, car, health, accident, funeral, company and agro uni, company health, SME and retail damage, corporate liability, agricultural, and life insurance products. It also provides pension plans; investment funds; bill and tax payment, and collection management services; payments; POS products; short-term and medium/long-term financing; ATM, foreign trade facility, and currency management and exchange services; and private and personal banking services, as well as digital and mobile banking services. The company was founded in 1991 and is headquartered in Málaga, Spain.
− Informa PLC
Leaves the portfolio; it was 0.25% of weight.
Fidelity National Information Services, Inc. provides solutions to financial institutions, businesses, and developers worldwide. The company operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. It provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions. The company also offers trading and assets, lending, leveraged and syndicated loan markets, and treasury and risk solutions. Fidelity National Information Services, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.
− Ac.Repsol
Leaves the portfolio; it was 0.23% of weight.
Repsol, S.A. operates as a multi-energy company in Spain, Peru, the United States, Portugal, and internationally. The Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves; and development of low-carbon geological solutions. Its Industrial segment is involved in oil refining; trading, transport, and wholesale of crude oil, natural gas, and fuels; and activities related to hydrogen, sustainable biofuels, and synthetic fuels. The Customer segment engages in the mobility/gas station business; and sale of electricity and gas, lubricants, and other products, as well as fuel products, such as gasoline, diesel, aviation kerosene, liquefied petroleum gas, and biofuels. Its Low-Carbon Generation segment is involved in electricity generation from hydroelectric, wind, and photovoltaic sources. The company also engages in financial services; sector studies; human resources and shared services; decarbonization; carbon dioxide capture and pyrolysis HUB pilot plants; development of production processes, storage, transport, use, consumption, and transformation of hydrogen; promotion, design, construction, and operation of molecular recycling facilities; and production of chemical and petrochemical products. In addition, it is involved in waste management; construction and operation of oil refinery; research; electricity distribution; maritime transport and inland waterways; LNG regasification; investment in liquefaction plant; safety; electric vehicle charging points; customer and oil product marketing management; payment management at gas stations; development of greenfield and new energy projects; and insurance and reinsurance activities. Further, the company offers various apps and tools, such as Waylet, Vivit, and WiBLE; and asphalt products. The company was formerly known as Repsol YPF, S.A. and changed its name to Repsol, S.A. in May 2012. Repsol, S.A. was founded in 1927 and is headquartered in Madrid, Spain.
− Gestamp Automocion SA
Leaves the portfolio; it was 0.23% of weight.
Gestamp Automoción, S.A. designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia. The company offers body-in-white products, large components and assembly parts, such as bonnets, roofs, doors, and mudguards, as well as other surface and assembly parts for use in creation of visible exterior skin of vehicles; and structural and crash-related elements, including floors, pillars, rails, and wheel arches. It also provides chassis parts comprising under body of vehicles and includes systems, frames and related parts, such as front and rear axles and couplings, control arms, and integrated couplings; hinges, door checks, electrical systems, and powered systems. In addition, the company offers hydraulic presses and dies in the areas of hot stamping, cold stamping, hydroforming, and try out of tools. Further, it serves vehicle manufacturers. Gestamp Automoción, S.A. was incorporated in 1997 and is headquartered in Madrid, Spain. Gestamp Automoción, S.A. is a subsidiary of Gestamp 2020, S.L.
− Ac.Rio Tinto PLC
Leaves the portfolio; it was 0.19% of weight.
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore; Aluminium and lithium; and Copper segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum and lithium segment is involved in bauxite mining; alumina refining; and aluminium smelting, and recycling, as well as mining and processing of lithium. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.
− Greenalia SA
Leaves the portfolio; it was 0.15% of weight.
− Volkswagen Intl Fin nv
Leaves the portfolio; it was 0.09% of weight.
− Ford Motor Credit Co LLC
Leaves the portfolio; it was 0.07% of weight.
− Abertis Infraestructuras
Leaves the portfolio; it was 0.05% of weight.
− Synthomer PLC
Leaves the portfolio; it was 0.04% of weight.
Synthomer plc manufactures and supplies specialised polymers and ingredients for coatings, construction, adhesives, and health and protection sectors. The company offers adhesives, such as PSA labels, packaging and specialty tapes, and tape saturants; release coating, wood working, sealants, wet glues, hygiene, and contact adhesives; packaging and assembly hot melt adhesives and polymer under the AERAFIN brand name; and liquid polybutadiene products under the LITHENE brand. It also provides architectural, intumescent, metal, and wood coating, as well as masonry, protective film, soil release, polyester for powder coating, horizontal surfaces, additives, and other products; binder; resins under the PLIOLITE brand name; coalescing agents and glycol/diol under SYNTHOMER NX and SYNOXOL BEPD brands; and construction products, as well as operates data centers. In addition, the company offers building materials, industrial, hygiene, tyre and rubber, home textile, and consumer product; health and protection products, such as medical and examination gloves, coated fabric, industrial and fabric supported gloves, medical devices, personal care and food additives, hygiene adhesives, non-wovens, footwear, hygiene, and wipes; performance materials, including Alcotex polyvinyl alcohol (PVOH) for PVC, Vinaltex Polyvinyl Acetate, elastomeric modifier, resins for rubber compounds, tyre cord, monomers, Wingstay antioxidants, tyre additives, 3D printing, plastics modifiers for packaging, and PLASTVANCE T; energy solutions; paper and carpet products; and latex foam under Liponan Terra brand. It operates in the United Kingdom, Germany, Italy, the Netherlands, France, Belgium, Spain, other Europe, Malaysia, China, Other Asia, the United States, and internationally. The company was formerly known as Yule Catto & Co. plc and changed its name to Synthomer plc in 2012. Synthomer plc was founded in 1863 and is headquartered in London, the United Kingdom.
− Ac.Telefonica
Leaves the portfolio; it was 0.03% of weight.
Telefónica, S.A., together with its subsidiaries, provides telecommunications services in Spain, Brazil, Germany, and the United Kingdom. The company offers digital services for residential customers, such as entertainment, home connectivity and security; and advanced solutions for businesses and public administrations, including cloud, cybersecurity, IoT, artificial intelligence, and professional services. It also provides wholesale services to other operators; fixed and wireless telephony services. It is also involved in the wholesale commercialization of a fiber-to-the-home network; and manages borrowing activities. In addition, the company offers ecosystem services, such as devices, health, insurance, video content, solar energy, alarm systems, advertising, financial services and education, etc.; traffic, connection fees, regular network usage fees, interconnection, network and equipment leasing, and handset sales; and other digital services comprising Pay TV and value-added services. Telefónica, S.A. was incorporated in 1924 and is based in Madrid, Spain.
▲ Ac.Alphabet Clase C
Goes from 1.46% to 2.11%.
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.
View company page →▲ Aena SME SA
Goes from 0.08% to 0.53%.
Aena S.M.E., S.A., together with its subsidiaries, engages in the management of airports in Spain, Brazil, the United Kingdom, Mexico, and Colombia. The company operates through Airports, Real Estate Services, Región de Murcia International Airport, and International segments. It also manages commercial spaces in airport terminals, and a network of car parks; and leasing or transfer use of land, office buildings, warehouses, hangars, and cargo vessels to airlines, air cargo operators, handling agents and other airport service providers. In addition, the company is involved in the operation of duty-free shops, food and beverage, and specialty shops; rental of cars; advertising; baggage wrapping machines; other vending machines; regulated services, including pharmacies, tobacconists, lottery vendors, etc.; and provision of financial services, such as currency exchange, VAT refunds, and ATMs, as well as advisory services to international airports. Aena S.M.E., S.A. was formerly known as Aena, S.A. and changed its name to Aena S.M.E., S.A. in April 2017. The company was founded in 1991 and is headquartered in Madrid, Spain. Aena S.M.E., S.A. operates as a subsidiary of Entidad Pública Empresarial ENAIRE.
View company page →▲ Ac.Apple
Goes from 1.26% to 1.61%.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple Vision Pro, Apple TV, Apple Watch, Beats products, and HomePod, as well as Apple branded and third-party accessories. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allows customers to discover and download applications and digital content, such as books, music, video, games, and podcasts, as well as advertising services include third-party licensing arrangements and its own advertising platforms. In addition, the company offers various subscription-based services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV, which offers original content and live sports; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers and resellers. The company was formerly known as Apple Computer, Inc. and changed its name to Apple Inc. in January 2007. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.
View company page →▲ Ac.Micron Technology Inc
Goes from 0.27% to 0.60%.
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments. The company provides memory products, including dynamic random access memory components and modules, CXL-based memory, LPDDR components and modules, graphics memory, high-bandwidth memory, and data center memory products; multichip packages (MCP) comprising embedded multimedia card-based, universal flash storage-based, and NAND-based MCPs; and technology leadership products that include 1y DRAM and G9 NAND technologies. It also offers storage products, such as data center solid-state drives (SSD), client SSD storage, and auto and industrial SSD storage; managed NAND; NAND flash; NOR flash; and memory cards. In addition, the company provides design tools, including FBGA and part decoders; DRAM power calculators; NAND power calculators; simulation models; chipset compatibility guides; serial presence-detection tools; cross-reference tools; UFSparm; SSD firmware; software and drivers; storage executive software; and obsolete part catalogs. It markets its semiconductor memory and storage products under the Micron and Crucial brands. The company serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as the smartphone and other mobile-device markets. It sells its products through its direct sales force, independent sales representatives, distributors, and retailers; web-based customer direct sales channel; and channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
View company page →Fixed income
Declared FI exposure
458.1 M €
% of portfolio
66.3%
Positions
93
Issuers
59
Sovereign: 276.8 M €
Corporate: 174.4 M €
Repos / treasury management: 6.9 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 · 11.9%3-6 months · 5.7%6-12 months · 14.4%1-2 years · 24.2%2-5 years · 37.3%5-10 years · 4.5%Unknown · 2.0%
Maturity
Positions
Exposure
%
Matured or ≤3 months
13
53.8 M €
11.9%
3-6 months
5
25.6 M €
5.7%
6-12 months
10
64.9 M €
14.4%
1-2 years
21
109.2 M €
24.2%
2-5 years
34
168.3 M €
37.3%
5-10 years
5
20.1 M €
4.5%
> 10 years
0
0 €
0.0%
Unknown
4
9.1 M €
2.0%
Top issuers
The 10 issuers with the largest declared exposure in this fund, repos excluded.
Issuer
Type
ISINs
Exposure
Next maturity
Reino de España
Sovereign
12
105.4 M €
2026-01-31
United States Treasury
Sovereign
7
78.3 M €
2026-01-31
Repubblica Italiana
Sovereign
6
50.3 M €
2026-01-14
Instituto Credito Oficial
Corporate
4
25.4 M €
2026-10-31
COMUNIDAD MADRID
Sovereign
5
25.1 M €
2028-10-31
Caisse D´Amort Dette Soc
Corporate
2
12.9 M €
2026-11-25
BPIFRANCE SACA
Corporate
2
12.8 M €
2026-05-25
Eurofima
Sovereign
1
9.8 M €
2027-07-20
European Union
Supranational
2
9.6 M €
2026-03-04
DEXIA CREDIT LOCAL
Corporate
1
6.1 M €
2026-01-17
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
ES00001010P7 COMUNIDAD MADRID
3.17%
2029-07-30
19.4 M €
US91282CMH15 United States Treasury
4.12%
2027-01-31
18.9 M €
ES0000012M77 Reino de España
2.50%
2027-05-31
18.0 M €
US91282CLS88 United States Treasury
4.12%
2026-10-31
17.1 M €
ES0000012O59 Reino de España
2.40%
2028-05-31
15.0 M €
US91282CJP77 United States Treasury
4.38%
2026-12-15
15.0 M €
ES0000012O00 Reino de España
2.70%
2030-01-31
13.1 M €
XS2708407015 Instituto Credito Oficial
3.80%
2029-05-31
11.7 M €
ES00000123C7 Reino de España
5.90%
2026-07-30
10.3 M €
US91282CJV46 United States Treasury
4.25%
2026-01-31
10.2 M €
Currencies
Fixed-income exposure by instrument currency.
Currency
Exposure
%
EUR
379.7 M €
82.9%
USD
78.4 M €
17.1%
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: 8
Exits at maturity: 9
Exits not explained by maturity: 5
+ Us Treasury N/B
Enters the portfolio at 2.73% weight.
+ Buoni Ordinari Tesoro
Enters the portfolio at 1.45% weight.
+ Buoni Poliennali Tesoro
Enters the portfolio at 1.01% weight.
+ Buoni Poliennali Tesoro
Enters the portfolio at 1.01% weight.
+ Us Treasury N/B
Enters the portfolio at 0.99% weight.
+ Sacyr SA
Enters the portfolio at 0.42% weight.
+ Comunidad Madrid
Enters the portfolio at 0.29% weight.
+ Comunidad Madrid
Enters the portfolio at 0.14% weight.
− Verallia SA
Leaves the portfolio; it was 0.44% of weight.
− Sacyr SA
Leaves the portfolio; it was 0.43% of weight.
− Banco Santander SA
Leaves the portfolio; it was 0.30% of weight.
− Unicaja Banco SA
Leaves the portfolio; it was 0.30% of weight.
− Gestamp Automocion SA
Leaves the portfolio; it was 0.23% of weight.
◦ Us Treasury N/B
Leaves the portfolio; it was 3.06% of weight.
◦ US Treasury N/B
Leaves the portfolio; it was 1.66% of weight.
◦ Pagare Comunidad de Madrid
Leaves the portfolio; it was 1.50% of weight.
◦ Informa PLC
Leaves the portfolio; it was 0.25% of weight.
◦ Greenalia SA
Leaves the portfolio; it was 0.15% of weight.
◦ Volkswagen Intl Fin nv
Leaves the portfolio; it was 0.09% of weight.
◦ Ford Motor Credit Co LLC
Leaves the portfolio; it was 0.07% of weight.
◦ Abertis Infraestructuras
Leaves the portfolio; it was 0.05% of weight.
◦ Synthomer PLC
Leaves the portfolio; it was 0.04% 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.