Manager
DUX INVERSORES, SGIIC, S.A.
See the CNMV manager universe →
Fund page
SELECTOR GLOBAL, FI
Category
—
Latest period
H2 2025
Positions
73
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.
73
Company
Type
Country
Weight
Price
This period's moves
H2 2025 vs H1 2025 (estimated)
New: 23
Exits: 15
Increases: 6
Cuts: 11
+ Acciones|SOCIETE BIC SA
Enters the portfolio at 0.66% weight.
Société BIC SA manufactures and sells stationery, lighter, shaver, and other products worldwide. It offers ballpoint, gel ink, erasable ink, writing felt-tip, learning to write, and fountain pens; mechanical and graphite pencils; proofreaders, glues, erasers, compasses, scissors, pencil sharpeners, notebooks and diaries, and other accessories; and refills. The company also provides coloring markers, colored pencils, kits and boxes, paint markers, highlighters and whiteboards permanent, and dry-erase markers. In addition, it offers rechargeable and non-rechargeable razors for men and women; multi-purpose utility lighters, and mini and maxi lighters; and classic, permanent, and temporary tattoo markers. Further, the company provides batteries and shaving preps; and advertising and promotional products. Additionally, it is involved in the provision of delivery services; production of industrial equipment; manufacture and sale of blades; and manufacture and distribution of consumer products, as well as insurance activities. The company markets its products primarily under the BIC, BIC Cristal, 4 Couleurs, M10, Intensity, Tipp ex, Velleda, BodyMark, Wite Out, Rocketbook, Inkbox, Tattly, EZ Reach, Djeep, Tangle Teezer, Cello, AMI, BIC Kids, BIC Evolution, Lucky, BIC Soleil, Gel-Ocity, Cristal Re'New, Atlantis, ECOlutions, and other brands through a range of channels, including retail mass-market distributors, traditional stores, and office product suppliers, as well as an e-commerce site. Société BIC SA was founded in 1944 and is headquartered in Clichy, France.
View company page →− BANKINTER
Leaves the portfolio; it was 4.08% of weight.
− AEDAS HOMES
Leaves the portfolio; it was 2.36% of weight.
− CONSTRUCC.Y AUXILIAR
Leaves the portfolio; it was 1.58% of weight.
− METROVACESA
Leaves the portfolio; it was 1.19% of weight.
− METROVACESA
Leaves the portfolio; it was 1.19% of weight.
− GESTAMP AUTOMOCION S
Leaves the portfolio; it was 1.18% of weight.
− EUSKALTEL
Leaves the portfolio; it was 1.17% of weight.
− GESTAMP AUTOMOCION S
Leaves the portfolio; it was 0.79% of weight.
− TUBACEX SA
Leaves the portfolio; it was 0.79% of weight.
− ENCE
Leaves the portfolio; it was 0.79% of weight.
− TALGO
Leaves the portfolio; it was 0.79% of weight.
− EUSKALTEL
Leaves the portfolio; it was 0.79% of weight.
− GESTAMP AUTOMOCION S
Leaves the portfolio; it was 0.74% of weight.
− GLOBAL DOMINION ACCE
Leaves the portfolio; it was 0.40% of weight.
− Acciones|EVOLVA HOLDING
Leaves the portfolio; it was 0.00% of weight.
▲ Acciones|GLAXOSMITHKLINE
Goes from 2.75% to 3.30%.
GSK plc, together with its subsidiaries, engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally. It operates through Commercial Operations and Total R&D segments. The company offers specialty medicines that include oncology, respiratory/immunology, inflammation, and inhaled medicines for HIV, respiratory eosinophildriven diseases, lupus and lupus nephritis, ovarian cancer, and endometrial cancer. It also provides vaccines for Shingles, Meningitis, RSV, Seasonal Influenza, Hepatitis, Diphtheria, Tetanus, Acellular Pertussis, Rotavirus, Pertussis, Polio, Haemophilus, Invasive Diseases, Pneumonia, Acute Otitis Media, Measles, Mumps, Rubella and Chickenpox, and Human Papilloma Virus. Additionally, the company offers general medicines for asthma, COPD, bacterial infection, benign prostatic hyperplasia, allergic rhinitis, and inflammatory skin conditions. It also focuses on the discovery, development, and commercialization of oral small molecule therapies for patients with unmet needs in oncology and inflammatory diseases. It has a collaboration agreement with CureVac to develop mRNA vaccines for infectious diseases; and strategic research collaboration with Engitix Ltd. to identify and validate novel therapeutic targets driving liver fibrosis regression. The company has a strategic alliance with AN2 Therapeutics, Inc. for the development of new therapies for TB. GSK plc was formerly known as GlaxoSmithKline plc and changed its name to GSK plc in May 2022. The company was founded in 1715 and is headquartered in London, United Kingdom.
View company page →▲ Acciones|DEUTSCHE BANK
Goes from 2.26% to 2.73%.
Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, private clients, and asset management products and services in Germany, the United Kingdom, the rest of Europe, the Americas, the Asia-Pacific, the Middle East, and Africa. It operates through Corporate Bank, Investment Bank, Private Bank, and Asset Management segments. The Corporate Bank segment offers cash management services, such as integrated payments and FX solutions; trade finance and lending offerings, including documentary and guarantee business, and structured trade finance and lending; and depository receipts, corporate trust, document custody, and securities services. The Investment Bank segment provides financing solutions in industries and asset classes; institutional sales, trading, and structuring in foreign exchange, rates, emerging markets, and credit trading; liquidity, market making services, and specialized risk management solutions for fixed income and currencies products; and advisory and financial products and services. This segment is also involved in the mergers and acquisitions business; and capital markets businesses in debt and equity. The Private Bank segment offers a range of payment and account services, and credit and deposit products, as well as investment advice, and postal and parcel services; and planning, managing and investing wealth, financing personal and business interests, and servicing institutional and corporate needs. The Asset Management segment provides access to investment capabilities in active and passive asset classes comprising Xtrackers range and alternatives; and access to private equity, private credit, real estate, and infrastructure. Deutsche Bank Aktiengesellschaft was incorporated in 1870 and is headquartered in Frankfurt am Main, Germany.
View company page →▲ Acciones|LLOYDS TSB GROUP PLC
Goes from 2.29% to 2.65%.
Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial products and services for retail and commercial customers in the United Kingdom. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, credit cards, unsecured loans, motor finance, and leasing solutions to personal customers. Its Commercial Banking segment provides lending, transactional banking, working capital management, debt financing, and risk management services to small and medium businesses, corporates, and institutions. The Insurance, Pensions and Investments segment offers insurance, investment, and pension management products and services. It also provides life assurance; and digital banking services. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows, MBNA, Schroders Personal Wealth, Black Horse, Lex Autolease, Birmingham Midshires, LDC, AMC, Embark Group, Lloyds Living, Cavendish Online, Tusker, and HGP brands. The company was formerly known as Lloyds TSB Group plc and changed its name to Lloyds Banking Group plc in January 2009. Lloyds Banking Group plc was founded in 1695 and is headquartered in London, the United Kingdom.
View company page →▼ Acciones|COMMERZBANK
Goes from 2.52% to 1.35%.
Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, and Asia. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers current, money market, checking, business accounts; insurance products; credit and debit cards; pension scheme; card payment terminal; and various loans. It also offers installment loans; renovation loans, debt structuring, car loan, overdraft facility; real estate financing; term deposits; and online banking services, as well as trades securities, such as shares, funds, ETFs, certificates, options and futures, and bonds. In addition, the company provides wealth management services. Commerzbank AG was founded in 1870 and is headquartered in Frankfurt am Main, Germany.
View company page →▼ Acciones|SAINT GOBAIN
Goes from 2.64% to 2.12%.
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.
View company page →▼ Acciones|PROSEGUR
Goes from 1.75% to 1.43%.
Prosegur Compañía de Seguridad, S.A. operates in the private security sector. It operates through Security, Cash, Alarms, Cybersecurity, and AVOS (added-value outsourcing services) segments. The Security segment engages in guarding and protection of premises, goods and individuals, and activities related to technological security solutions. The Cash segment is involved in the transportation, storage, safekeeping, counting, and classification of coins and bank notes, deeds, securities, and other items that require special protection due to their economic value or risk; international payment services, online foreign currency, travel money home delivery, and local cash services; and correspondent banking and auxiliary payment services, inter alia, receipt and payment management, and bill payment services. The Alarms segment engages in the installation and maintenance of home alarm systems, as well as the provision of alarm monitoring services. The Cybersecurity segment provides managed detection and response, managed security, cyber intelligence, readteam, management, and risk and compliance services; integration of cybersecurity technology; automation of processes for early detecting cyber-attacks on enterprises; and response and protection through the xMDR solution. The AVOS segment offers business process outsourcing services to enhance operational management through redesign, automation, and digital transformation in financial and insurance companies. It operates in Germany, Argentina, Australia, Austria, Brazil, Chile, China, Colombia, Costa Rica, Cyprus, Denmark, Ecuador, El Salvador, Spain, the United States, the Philippines, Finland, France, Guatemala, Honduras, Iceland, India, Indonesia, Italy, Mexico, Nicaragua, New Zealand, Paraguay, Peru, Portugal, the United Kingdom, Singapore, South Africa, Sweden, and Uruguay. The company was incorporated in 1976 and is based in Madrid, Spain. Prosegur Compañía de Seguridad, S.A. operates as a subsidiary of Gubel, S.L.
View company page →Fixed income
Declared FI exposure
5.7 M €
% of portfolio
20.9%
Positions
23
Issuers
12
Sovereign: 0 €
Corporate: 4.5 M €
Repos / treasury management: 1.2 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 · 50.1%3-6 months · 28.3%6-12 months · 21.6%
Maturity
Positions
Exposure
%
Matured or ≤3 months
9
2.3 M €
50.1%
3-6 months
7
1.3 M €
28.3%
6-12 months
6
976,152 €
21.6%
1-2 years
0
0 €
0.0%
2-5 years
0
0 €
0.0%
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
Euskaltel SA
Corporate
3
1.2 M €
2026-01-27
GESTAMP AUTOMOCION S
Corporate
3
788,706 €
2026-03-16
METROVACESA
Corporate
3
692,071 €
2026-01-23
FOCYCSA
Corporate
2
395,598 €
2026-03-30
ACCIONA
Corporate
1
296,226 €
2026-06-16
TUBACEX SA
Corporate
2
294,529 €
2026-01-16
CONSTRUCC.Y AUXILIAR
Corporate
1
198,589 €
2026-01-23
TALGO
Corporate
1
196,956 €
2026-07-23
CESCE SA
Corporate
1
196,192 €
2026-08-17
PROSEGUR
Corporate
1
98,829 €
2026-06-04
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
ES0505075590 Euskaltel SA
2.99%
2026-03-25
394,315 €
ES0505122541 METROVACESA
2.66%
2026-03-20
296,820 €
XS3256183883 ACCIONA
2.57%
2026-06-16
296,226 €
ES0505223455 GESTAMP AUTOMOCION S
2.59%
2026-03-16
296,196 €
ES0505122533 METROVACESA
2.60%
2026-01-23
296,140 €
ES0505075574 Euskaltel SA
2.99%
2026-01-27
295,498 €
ES0505223398 GESTAMP AUTOMOCION S
2.63%
2026-06-16
295,444 €
ES0521975559 CONSTRUCC.Y AUXILIAR
2.18%
2026-01-23
198,589 €
XS3222576277 FOCYCSA
2.49%
2026-03-30
197,936 €
XS3251483221 FOCYCSA
2.37%
2026-06-09
197,662 €
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: 19
Exits at maturity: 12
Exits not explained by maturity: 1
+ EUSKALTEL
Enters the portfolio at 1.45% weight.
+ METROVACESA
Enters the portfolio at 1.09% weight.
+ ACCIONA
Enters the portfolio at 1.09% weight.
+ GESTAMP AUTOMOCION S
Enters the portfolio at 1.09% weight.
+ METROVACESA
Enters the portfolio at 1.09% weight.
+ EUSKALTEL
Enters the portfolio at 1.09% weight.
+ GESTAMP AUTOMOCION S
Enters the portfolio at 1.09% weight.
+ CONSTRUCC.Y AUXILIAR
Enters the portfolio at 0.73% weight.
+ FOCYCSA
Enters the portfolio at 0.73% weight.
+ FOCYCSA
Enters the portfolio at 0.73% weight.
+ TUBACEX SA
Enters the portfolio at 0.73% weight.
+ GESTAMP AUTOMOCION S
Enters the portfolio at 0.72% weight.
+ TALGO
Enters the portfolio at 0.72% weight.
+ CESCE
Enters the portfolio at 0.72% weight.
+ EUSKALTEL
Enters the portfolio at 0.36% weight.
+ METROVACESA
Enters the portfolio at 0.36% weight.
+ PROSEGUR
Enters the portfolio at 0.36% weight.
+ GLOBAL DOMINION ACCE
Enters the portfolio at 0.36% weight.
+ ENCE
Enters the portfolio at 0.36% weight.
− GESTAMP AUTOMOCION S
Leaves the portfolio; it was 0.74% of weight.
◦ AEDAS HOMES
Leaves the portfolio; it was 2.36% of weight.
◦ CONSTRUCC.Y AUXILIAR
Leaves the portfolio; it was 1.58% of weight.
◦ METROVACESA
Leaves the portfolio; it was 1.19% of weight.
◦ METROVACESA
Leaves the portfolio; it was 1.19% of weight.
◦ GESTAMP AUTOMOCION S
Leaves the portfolio; it was 1.18% of weight.
◦ EUSKALTEL
Leaves the portfolio; it was 0.79% of weight.
◦ EUSKALTEL
Leaves the portfolio; it was 1.17% of weight.
◦ GESTAMP AUTOMOCION S
Leaves the portfolio; it was 0.79% of weight.
◦ TUBACEX SA
Leaves the portfolio; it was 0.79% of weight.
◦ ENCE
Leaves the portfolio; it was 0.79% of weight.
◦ TALGO
Leaves the portfolio; it was 0.79% of weight.
◦ GLOBAL DOMINION ACCE
Leaves the portfolio; it was 0.40% 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.