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VALENTUM MAGNO, FI

Category
Latest period
H2 2025
Positions
35

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.

35
Company Type Country Weight Price
ACCIONES|ZEGONA COMMUNICATIONS PLC GB00BVGBY890 · GBP Renta Variable Cotizada GB 10.54% 1588.00 GBp
ACCIONES|ASML HOLDING NV (HOLANDA) NL0010273215 · EUR Renta Variable Cotizada NL 4.76%
ACCIONES|FLATEX AG DE000FTG1111 · EUR Renta Variable Cotizada DE 4.50%
ACCIONES|INFINEON TECHNOLOGIES AG DE0006231004 · EUR Renta Variable Cotizada DE 4.32%
ACCIONES|ARCELORMITTAL LU1598757687 · EUR Renta Variable Cotizada LU 4.23% 62.58 EUR
ACCIONES|PUIG BRANDS SA ES0105777017 · EUR Renta Variable Cotizada ES 3.96%
ACCIONES|FINECOBANK BANCA FINECO SPA IT0000072170 · EUR Renta Variable Cotizada IT 3.88%
ACCIONES|LVMH MOET-HENNESSY FR0000121014 · EUR Renta Variable Cotizada FR 3.67%
ACCIONES|APERAM W/I LU0569974404 · EUR Renta Variable Cotizada LU 3.66% 45.02 EUR
ACCIONES|VEOLIA ENVIROMENT FR0000124141 · EUR Renta Variable Cotizada FR 3.63%
ACCIONES|AMUNDI SA FR0004125920 · EUR Renta Variable Cotizada FR 3.60%
ACCIONES|FACEBOOK INC US30303M1027 · USD Renta Variable Cotizada US 3.51% 549.90 USD
ACCIONES|HEINEKEN NV NL0000009165 · EUR Renta Variable Cotizada NL 3.46% 72.42 EUR
ACCIONES|RYANAIR HOLDINGS PLC IE00BYTBXV33 · EUR Renta Variable Cotizada IE 3.31%
ACCIONES|FORTINET INC US34959E1091 · USD Renta Variable Cotizada US 3.06%
ACCIONES|SMITH AND NEPHEW PLC GB0009223206 · GBP Renta Variable Cotizada GB 2.91%
ACCIONES|ASR NEDERLAND NV NL0011872643 · EUR Renta Variable Cotizada NL 2.75%
ACCIONES|Alten FR0000071946 · EUR Renta Variable Cotizada FR 2.53% 76.05 EUR
ACCIONES|CONSTELLATION SOFTWARE INC CA21037X1006 · CAD Renta Variable Cotizada CA 2.18%
ACCIONES|SKF AB SE0000108227 · SEK Renta Variable Cotizada SE 2.13% 262.50 SEK
ACCIONES|ACADEMY SPORTS&OUTDOORS INC US00402L1070 · USD Renta Variable Cotizada US 2.07%
ACCIONES|TRINET GROUP INC US8962881079 · USD Renta Variable Cotizada US 2.00%
ACCIONES|MICHELIN FR001400AJ45 · EUR Renta Variable Cotizada FR 1.99%
ACCIONES|AIRBUS GROUP NV NL0000235190 · EUR Renta Variable Cotizada NL 1.98% 203.70 EUR
ACCIONES|COCA COLA EUROPEAN PARTNERS GB00BDCPN049 · GBP Renta Variable Cotizada GB 1.98%
ACCIONES|SIXT SE DE0007231326 · EUR Renta Variable Cotizada DE 1.87%
ACCIONES|KNORR - BREMSE AG DE000KBX1006 · EUR Renta Variable Cotizada DE 1.59%
ACCIONES|ORACLE CORP US68389X1054 · USD Renta Variable Cotizada US 1.27%
ACCIONES|ACCENTURE PLC IE00B4BNMY34 · USD Renta Variable Cotizada IE 1.20%
ACCIONES|EURAZEO SA FR001400EC63 · EUR Renta Variable Cotizada FR 1.10%
ACCIONES|EURAZEO SA FR001400UH76 · EUR Renta Variable Cotizada FR 0.88%
ACCIONES|EURAZEO SA FR0000121121 · EUR Renta Variable Cotizada FR 0.87%
ACCIONES|MALIBU BOATS INC - A US56117J1007 · USD Renta Variable Cotizada US 0.83%
ACCIONES|EURAZEO SA FR001400M8C8 · EUR Renta Variable Cotizada FR 0.70%
ACCIONES|ENAGAS ES0130960018 · EUR Renta Variable Cotizada ES 0.54%

This period's moves

H2 2025 vs H1 2025 (estimated)

New: 1 Exits: 0 Increases: 10 Cuts: 14
+ ACCIONES|ENAGAS

Enters the portfolio at 0.54% weight.

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▲ ACCIONES|ZEGONA COMMUNICATIONS PLC

Goes from 6.53% to 10.54%.

Zegona Communications plc engages in the provision of integrated telecommunications services in Spain. The company offers broadband, mobile, TV, voice, data, and other value-added products and services. It serves business-to-consumer and business-to-business markets. The company was incorporated in 2015 and is based in London, the United Kingdom. Zegona Communications plc operates as a subsidiary of Ejlshm Funding Limited.

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▲ ACCIONES|COCA COLA EUROPEAN PARTNERS

Goes from 0.57% to 1.98%.

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▲ ACCIONES|ARCELORMITTAL

Goes from 3.11% to 4.23%.

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrate, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, and distributors. The company operates iron ore mining activities in Brazil, Bosnia, Liberia, Mexico, South Africa, and Ukraine, as well as in India and in Canada. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg, Luxembourg.

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▲ ACCIONES|ACADEMY SPORTS&OUTDOORS INC

Goes from 1.02% to 2.07%.

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▲ ACCIONES|LVMH MOET-HENNESSY

Goes from 2.72% to 3.67%.

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▲ ACCIONES|ASML HOLDING NV (HOLANDA)

Goes from 3.92% to 4.76%.

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▲ ACCIONES|PUIG BRANDS SA

Goes from 3.31% to 3.96%.

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▲ ACCIONES|APERAM W/I

Goes from 3.02% to 3.66%.

Aperam S.A., together with its subsidiaries, produces and sells stainless steel and alloy products worldwide. The company operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel, flat stainless and electrical steel, and special carbon products. It also produces specialty grades alloys and specialties. In addition, the company engages in tubes business, as well as provision of value added and customized steel solutions. Further, it collects, trades, processes, and recycles stainless steel scrap and high-performance alloys. The company serves aerospace, automotive, construction, medical, and oil and gas industries. It distributes its products through a network of steel service centers, transformation facilities, and sales offices. The company was incorporated in 2010 and is headquartered in Luxembourg, Luxembourg.

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▲ ACCIONES|RYANAIR HOLDINGS PLC

Goes from 2.89% to 3.31%.

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▲ ACCIONES|EURAZEO SA

Goes from 0.61% to 0.87%.

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▼ ACCIONES|CONSTELLATION SOFTWARE INC

Goes from 3.56% to 2.18%.

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▼ ACCIONES|SMITH AND NEPHEW PLC

Goes from 3.67% to 2.91%.

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▼ ACCIONES|FACEBOOK INC

Goes from 4.20% to 3.51%.

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|FINECOBANK BANCA FINECO SPA

Goes from 4.51% to 3.88%.

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▼ ACCIONES|AIRBUS GROUP NV

Goes from 2.60% to 1.98%.

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.

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▼ ACCIONES|ORACLE CORP

Goes from 1.86% to 1.27%.

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▼ ACCIONES|FORTINET INC

Goes from 3.64% to 3.06%.

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▼ ACCIONES|HEINEKEN NV

Goes from 3.95% to 3.46%.

Heineken N.V. brews and sells beer and cider in Europe, the Americas, Africa, the Middle East, and the Asia Pacific. The company also provides soft drinks. It sells its products under the Heineken, Heineken 0.0, Heineken Silver, Amstel, Moretti, Tiger, Desperados, Edelweiss, Lagunitas, Orchard Thieves, Windhoek, Dos Equis, Red Stripe, Kingfisher, Bintang, Gosser, Affligem, Mort Subite, Strongbow, Stassen, Bulmers, Old Mout, Savanna, Turbo King, Tecate, Lagunitas Hoppy Refresher, Bia Viet, Tiger Crystal, Birra Moretti, Harar, Cruzcampo, Bernini, Legend Stout, Beavertown, Stëlz, Texels, Ladrón, Bandida, Stibitzer, El Aguila, and Murphy's brands. In addition, the company engages in rental of pubs and bars; wholesale activities; and pub management and technical services. The company offers its products to retailers, wholesalers and distributors, bars, restaurants, clubs, cafes, and hotels. Heineken N.V. was incorporated in 1864 and is headquartered in Amsterdam, the Netherlands. Heineken N.V. is a subsidiary of Heineken Holding N.V.

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▼ ACCIONES|SIXT SE

Goes from 2.34% to 1.87%.

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▼ ACCIONES|MICHELIN

Goes from 2.38% to 1.99%.

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▼ ACCIONES|VEOLIA ENVIROMENT

Goes from 3.97% to 3.63%.

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▼ ACCIONES|Alten

Goes from 2.79% to 2.53%.

Alten S.A. operates as an engineering and technology consultancy company in France, North America, Germany, Scandinavia, Benelux, Iberian, Italy, the United Kingdom, the Asia-Pacific, Switzerland, Eastern Europe, and internationally. It undertakes projects for the technical, research and development, and information systems divisions of industrial, telecoms, and service clients. The company also provides engineering services, such as mechanic and materials, data management, systems engineering and PDM, project management office, quality assurance, manufacturing, environment, health and safety, electronics; embedded software; and construction infrastructure services. In addition, it provides IT services comprising AMOA and business analyst; cybersecurity; artificial intelligence; application software; data management; green IT; software testing and QA; and cloud and infrastructure services. The company serves customers in aeronautics, space, defense and naval, security, automotive, rail and mobility, energy and environment, life sciences and health, banking, industrial equipment and electronics, banking, finance and insurance, telecoms, retail, services, media, and public sectors and government services. Alten S.A. was incorporated in 1988 and is headquartered in Boulogne-Billancourt, France.

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▼ ACCIONES|EURAZEO SA

Goes from 1.35% to 1.10%.

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▼ ACCIONES|ACCENTURE PLC

Goes from 1.43% to 1.20%.

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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.