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SANTANDER FUTURE US TECH, FI

Category
Latest period
H2 2025
Positions
38

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.

38
Company Type Country Weight Price
ACCIONES|NVIDIA CORP US67066G1040 · USD Renta Variable Cotizada US 10.01%
ACCIONES|MICROSOFT CORP US5949181045 · USD Renta Variable Cotizada US 8.85% 483.24 USD
ACCIONES|ALPHABET INC US02079K1079 · USD Renta Variable Cotizada US 7.19%
ACCIONES|AMAZON.COM INC US0231351067 · USD Renta Variable Cotizada US 6.93%
ACCIONES|APPLE INC US0378331005 · USD Renta Variable Cotizada US 6.66%
ACCIONES|MICRON TECHNOLOGY INC US5951121038 · USD Renta Variable Cotizada US 4.89%
ACCIONES|META PLATFORMS INC US30303M1027 · USD Renta Variable Cotizada US 4.25% 549.90 USD
ACCIONES|BROADCOM INC US11135F1012 · USD Renta Variable Cotizada US 4.16%
ACCIONES|NETFLIX INC US64110L1061 · USD Renta Variable Cotizada US 3.04%
ACCIONES|LAM RESEARCH CORP US5128073062 · USD Renta Variable Cotizada US 2.97%
ACCIONES|COSTCO WHOLESALE CORP US22160K1051 · USD Renta Variable Cotizada US 2.45%
ACCIONES|INTUITIVE SURGICAL US46120E6023 · USD Renta Variable Cotizada US 2.16%
ACCIONES|LINDE PLC IE000S9YS762 · USD Renta Variable Cotizada IE 2.15%
ACCIONES|MARVELL TECHNOLOGY INC US5738741041 · USD Renta Variable Cotizada US 1.97%
ACCIONES|ANALOG DEVICES INC US0326541051 · USD Renta Variable Cotizada US 1.92%
ACCIONES|DOORDASH INC US25809K1051 · USD Renta Variable Cotizada US 1.82%
ACCIONES|COCA COLA CO/THE US1912161007 · USD Renta Variable Cotizada US 1.75%
ACCIONES|ASML HOLDING NV NL0010273215 · EUR Renta Variable Cotizada NL 1.64%
ACCIONES|INTERNATIONAL BUSINESS MACHINES US4592001014 · USD Renta Variable Cotizada US 1.58%
ACCIONES|MERCADOLIBRE, INC US58733R1023 · USD Renta Variable Cotizada US 1.45%
ACCIONES|SYNOPSYS INC US8716071076 · USD Renta Variable Cotizada US 1.42%
ACCIONES|CONSTELLATION ENERGY CORP US21037T1097 · USD Renta Variable Cotizada US 1.36%
ACCIONES|TESLA MOTORS INC US88160R1014 · USD Renta Variable Cotizada US 1.35%
ACCIONES|CSX CORP US1264081035 · USD Renta Variable Cotizada US 1.29%
ACCIONES|L3HARRIS TECHNOLOGIES INC US5024311095 · USD Renta Variable Cotizada US 1.27%
ACCIONES|SHOPIFY INC CA82509L1076 · USD Renta Variable Cotizada CA 1.11%
ACCIONES|IQVIA HOLDINGS INC US46266C1053 · USD Renta Variable Cotizada US 1.10%
ACCIONES|UBER TECHNOLOGIES INC US90353T1007 · USD Renta Variable Cotizada US 1.09%
ACCIONES|TEXAS INSTRUMENTS INC US8825081040 · USD Renta Variable Cotizada US 1.09%
ACCIONES|GILEAD SCIENCES INC US3755581036 · USD Renta Variable Cotizada US 1.08%
ACCIONES|MASTERCARD INC US57636Q1040 · USD Renta Variable Cotizada US 1.07%
ACCIONES|ORACLE CORP US68389X1054 · USD Renta Variable Cotizada US 0.95%
ACCIONES|SALESFORCE.COM INC US79466L3024 · USD Renta Variable Cotizada US 0.95%
ACCIONES|T-MOBILE US INC US8725901040 · USD Renta Variable Cotizada US 0.95%
ACCIONES|SERVICENOW INC US81762P1021 · USD Renta Variable Cotizada US 0.86%
ACCIONES|PALO ALTO NETWORKS INC US6974351057 · USD Renta Variable Cotizada US 0.74%
ACCIONES|ATLASSIAN CORP US0494681010 · USD Renta Variable Cotizada US 0.66%
ACCIONES|ADVANCED MICRO DEVICES US0079031078 · USD Renta Variable Cotizada US 0.45%

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 5 Exits: 8 Increases: 10 Cuts: 13
+ ACCIONES|CSX CORP

Enters the portfolio at 1.29% weight.

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+ ACCIONES|TEXAS INSTRUMENTS INC

Enters the portfolio at 1.09% weight.

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+ ACCIONES|GILEAD SCIENCES INC

Enters the portfolio at 1.08% weight.

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+ ACCIONES|PALO ALTO NETWORKS INC

Enters the portfolio at 0.74% weight.

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+ ACCIONES|ADVANCED MICRO DEVICES

Enters the portfolio at 0.45% weight.

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− ACCIONES|DEXCOM INC

Leaves the portfolio; it was 1.11% of weight.

− ACCIONES|WESTINGHOUSE AIR BRAKE TECHNOL

Leaves the portfolio; it was 1.03% of weight.

− ACCIONES|ZSCALER INC

Leaves the portfolio; it was 1.02% of weight.

− ACCIONES|VERTEX PHARMACEUTICALS INC

Leaves the portfolio; it was 0.97% of weight.

− ACCIONES|EQUINIX INC

Leaves the portfolio; it was 0.86% of weight.

− ACCIONES|ROBINHOOD MARKETS INC

Leaves the portfolio; it was 0.84% of weight.

− ACCIONES|MONDELEZ INTERNATIONAL INC

Leaves the portfolio; it was 0.82% of weight.

− ACCIONES|INTEL CORP

Leaves the portfolio; it was 0.59% of weight.

▲ ACCIONES|MICRON TECHNOLOGY INC

Goes from 2.13% to 4.89%.

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▲ ACCIONES|ALPHABET INC

Goes from 5.18% to 7.19%.

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▲ ACCIONES|APPLE INC

Goes from 4.79% to 6.66%.

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▲ ACCIONES|LAM RESEARCH CORP

Goes from 1.75% to 2.97%.

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▲ ACCIONES|NVIDIA CORP

Goes from 9.23% to 10.01%.

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▲ ACCIONES|ASML HOLDING NV

Goes from 1.17% to 1.64%.

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▲ ACCIONES|INTERNATIONAL BUSINESS MACHINES

Goes from 1.14% to 1.58%.

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▲ ACCIONES|IQVIA HOLDINGS INC

Goes from 0.77% to 1.10%.

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▲ ACCIONES|TESLA MOTORS INC

Goes from 1.03% to 1.35%.

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▲ ACCIONES|L3HARRIS TECHNOLOGIES INC

Goes from 0.99% to 1.27%.

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▼ ACCIONES|BROADCOM INC

Goes from 5.81% to 4.16%.

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▼ ACCIONES|NETFLIX INC

Goes from 4.61% to 3.04%.

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▼ ACCIONES|MERCADOLIBRE, INC

Goes from 2.32% to 1.45%.

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▼ ACCIONES|MICROSOFT CORP

Goes from 9.71% to 8.85%.

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|META PLATFORMS INC

Goes from 5.07% to 4.25%.

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|UBER TECHNOLOGIES INC

Goes from 1.89% to 1.09%.

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▼ ACCIONES|ORACLE CORP

Goes from 1.46% to 0.95%.

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▼ ACCIONES|DOORDASH INC

Goes from 2.29% to 1.82%.

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▼ ACCIONES|COSTCO WHOLESALE CORP

Goes from 2.81% to 2.45%.

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▼ ACCIONES|SERVICENOW INC

Goes from 1.16% to 0.86%.

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▼ ACCIONES|SYNOPSYS INC

Goes from 1.71% to 1.42%.

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▼ ACCIONES|ANALOG DEVICES INC

Goes from 2.17% to 1.92%.

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▼ ACCIONES|LINDE PLC

Goes from 2.36% to 2.15%.

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Disclaimer

This is not financial advice. The portfolio comes from the periodic report the fund files with the CNMV and lags the real close of the period: it is a snapshot of the end of each half-year, not a real-time portfolio.