Funds in the CNMV universe
1668
Radar Gestoras
From the holdings every Spanish management company files with the CNMV: which companies gain or lose presence across managers, how the whole set is repositioning, and the universe's aggregate fixed income. A snapshot of each half-year close, not a real-time portfolio.
See the value funds we track closely →
Managers in the CNMV universe
89
Companies with a position
4029
Data period
2025-12-31
CNMV data · half-year closed 2025-12-31.
Gaining presence among managers
Companies where the most distinct managers opened or added to a position between 2025-06-30 and 2025-12-31. Managers rank above funds: 8 different managers buying something matters more than one manager repeating it across several of its own funds.
Manager presence: distinct managers with exposure before → now, and the NET change between the two closes. A +7 does not mean 7 managers bought: it is the balance between those entering and those leaving.
Company
Manager presence
Fund presence
New
Exits
↑ Exposure
↓ Exposure
UNILEVER NV
ULVR.L
0 → 25
+25
0 → 58
+58
58
0
0
0
MAGNUM ICE CREAM COMPANY NV
MICC.AS
Appears after a corporate spin-off — not a decision by fund managers.
0 → 17
+17
0 → 35
+35
0
0
0
0
CIRSA ENTERPRISES SAU
CIRSA.MC
0 → 11
+11
0 → 21
+21
21
0
0
0
ARGENX SE
ARGX.BR
5 → 14
+9
9 → 32
+23
23
0
1
0
ZEGONA COMMUNICATIONS PLC
ZEG.L
14 → 23
+9
30 → 42
+12
17
5
18
4
Micron Tech. Inc.
MU
19 → 27
+8
57 → 80
+23
28
5
35
0
AMPER SA
AMP.MC
1 → 9
+8
1 → 9
+8
8
0
1
0
HBX GROUP INTERNATIONAL PLC
HBX.MC
15 → 23
+8
36 → 37
+1
14
13
0
12
BANCA MONTE DEI PASCHI SIENA
BMPS.MI
4 → 11
+7
6 → 23
+17
17
0
5
0
Amphenol Corporation
APH
10 → 17
+7
16 → 26
+10
11
1
4
1
Novo Nordisk A/S
NOVO-B.CO
45 → 52
+7
185 → 193
+8
46
38
23
67
Ferrari Nv
RACE.MI
21 → 27
+6
63 → 82
+19
33
14
2
16
NESTLE SA
NESN.SW
34 → 40
+6
101 → 119
+18
31
13
13
14
SONY FINANCIAL GROUP
8729.T
0 → 6
+6
0 → 7
+7
7
0
0
0
Synopsys
SNPS
18 → 24
+6
41 → 47
+6
15
9
5
7
INMOBILIARIA COLONIAL SA
COL.MC
30 → 36
+6
73 → 75
+2
21
19
5
20
Dell Technologies Inc
DELL
8 → 13
+5
15 → 30
+15
18
3
0
3
S&P-Glo
SPGI
30 → 35
+5
72 → 86
+14
15
1
10
11
ROBIN HOOD
HOOD
4 → 9
+5
5 → 18
+13
16
3
0
1
Banco Comercial Port
BCP.LS
9 → 14
+5
19 → 26
+7
8
1
7
5
"New"/"Exits" count funds with a new or closed company position this period, excluding contextual moves (spin-offs, acquisitions). "↑/↓ Exposure" counts funds that increased or reduced their aggregate weight in the company. We don't use "buy"/"sell": the data can't confirm intent, only the change in position.
Losing presence among managers
Companies where the most distinct managers exited or trimmed a position over the same period.
Company
Manager presence
Fund presence
New
Exits
↑ Exposure
↓ Exposure
UNILEVER NV
UL
24 → 0
-24
60 → 0
-60
0
60
0
0
PERNOD RICARD SA
RI.PA
23 → 15
-8
54 → 29
-25
1
26
2
6
STELLANTIS NV
STLAM.MI
23 → 17
-6
54 → 36
-18
5
23
4
1
GESTAMP
GEST.MC
27 → 21
-6
45 → 30
-15
1
16
4
7
Nike INC
NKE
28 → 22
-6
61 → 52
-9
5
14
3
10
ADOBE
ADBE
38 → 33
-5
113 → 87
-26
8
34
7
11
PORSCHE AG
P911.DE
12 → 7
-5
24 → 10
-14
0
14
1
0
CELLNEX TELECOM SAU
CLNX.MC
33 → 28
-5
96 → 83
-13
11
24
4
43
ACCENTURE LTD
ACN
31 → 26
-5
77 → 65
-12
10
22
7
12
CARRIER GLOBAL CORP
CARR
12 → 7
-5
22 → 13
-9
0
9
1
3
Fortinet Inc.
FTNT
24 → 19
-5
48 → 40
-8
3
11
1
14
Ralliant Corp
RAL
6 → 1
-5
9 → 1
-8
0
8
0
0
MERCK & CO. INC.
MRK
26 → 21
-5
72 → 65
-7
6
13
26
0
OCI NV
OCI.AS
5 → 0
-5
6 → 0
-6
0
6
0
0
MODERNA INC
MRNA
15 → 10
-5
19 → 15
-4
1
5
3
0
ANTOFAGASTA PLC
ANTO.L
9 → 4
-5
12 → 10
-2
3
5
3
0
HESS CORP
HESM
Leaves portfolios after an acquisition or corporate action — not a selling decision by fund managers.
4 → 0
-4
12 → 0
-12
0
0
0
0
VERALLIA
VRLA.PA
11 → 7
-4
19 → 8
-11
2
13
1
4
MUENCHENER RUECKVERS
MUV2.DE
29 → 25
-4
91 → 81
-10
9
19
2
10
Ulta Salon Cosmetics
ULTA
11 → 7
-4
21 → 11
-10
1
11
0
0
Explore the full universe
Sort any column. Shows the 75 companies with the most funds holding them; the search box above finds any other, in or out of this table.
75
Company
Ticker
Not among the rows below, but in the CNMV universe:
Company
Manager presence
Fund presence
ASML HOLDING NV ASML.AS
60 → 57
-3
276 → 255
-21
MICROSOFT CORP MSFT
56 → 56
0
255 → 251
-4
AMAZON.COM INC AMZN
49 → 50
+1
208 → 221
+13
INDITEX SA ITX.MC
50 → 51
+1
193 → 200
+7
IBERDROLA SA IBE.MC
48 → 45
-3
187 → 196
+9
LVMH MC.PA
53 → 51
-2
205 → 195
-10
Novo Nordisk A/S NOVO-B.CO
45 → 52
+7
185 → 193
+8
FACEBOOK INC META
42 → 42
0
159 → 180
+21
Nvidia Corp NVDA
44 → 45
+1
175 → 180
+5
SCHNEIDER ELECTRIC S SU.PA
48 → 47
-1
161 → 171
+10
VISA V
45 → 47
+2
155 → 156
+1
SAP SE SAP.DE
43 → 46
+3
145 → 155
+10
BANCO SANTANDER SA SAN.MC
46 → 44
-2
151 → 155
+4
APPLE INC AAPL
41 → 40
-1
153 → 155
+2
BROADCOM AVGO
34 → 37
+3
113 → 143
+30
SIEMENS AG SIE.DE
38 → 40
+2
127 → 137
+10
SANOFI SA SAN.PA
35 → 35
0
121 → 130
+9
ALLIANZ SE ALV.DE
37 → 37
0
114 → 128
+14
L OREAL SA OR.PA
34 → 35
+1
128 → 126
-2
TOTAL SA TTE.PA
39 → 39
0
126 → 125
-1
NESTLE SA NESN.SW
34 → 40
+6
101 → 119
+18
BANCO BILBAO VIZCAYA ARGENTARIA BBVA.MC
33 → 37
+4
96 → 119
+23
AXA SA CS.PA
35 → 33
-2
126 → 119
-7
AIR LIQUIDE SA AI.PA
39 → 38
-1
128 → 118
-10
Mastercard, Inc. MA
37 → 37
0
112 → 115
+3
JPMORGAN CHASE AND CO JPM
36 → 35
-1
103 → 112
+9
Puig SM PUIG.MC
34 → 37
+3
88 → 109
+21
AIRBUS GROUP NV AIR.PA
40 → 39
-1
122 → 109
-13
DEUTSCHE TELEKOM AG DTE.DE
37 → 39
+2
114 → 108
-6
ALPHABET GOOG
30 → 28
-2
111 → 106
-5
REPSOL SA REP.MC
42 → 39
-3
140 → 102
-38
ELI LILLY LLY
33 → 36
+3
95 → 101
+6
ASTRAZENECA AZN.L
27 → 31
+4
92 → 100
+8
ANHEUSER-BUSH INBEV ABI.BR
31 → 30
-1
82 → 99
+17
BNP PARIBAS SA BNP.PA
36 → 34
-2
101 → 99
-2
INFINEON TECHNOLOGIE IFX.DE
33 → 31
-2
101 → 98
-3
Salesforce.com Inc CRM
32 → 33
+1
83 → 97
+14
CAIXABANK SA CABK.MC
34 → 38
+4
84 → 95
+11
ESSILORLUXOTTICA SA EL.PA
33 → 35
+2
88 → 93
+5
VINCI SA DG.PA
36 → 33
-3
109 → 92
-17
BERKSHIRE HATHAWAY INC BRK-B
34 → 32
-2
88 → 92
+4
NOVARTIS AG NOVN.SW
29 → 33
+4
78 → 90
+12
ACERINOX SA ACX.MC
39 → 37
-2
100 → 90
-10
Palo Alto Networks PANW
26 → 27
+1
86 → 90
+4
CIE DE ST GOBAIN SGO.PA
29 → 27
-2
81 → 89
+8
AMADEUS IT GROUP SA AMS.MC
34 → 35
+1
87 → 87
0
HERMES INTERNATIONAL RMS.PA
33 → 34
+1
90 → 87
-3
ADOBE ADBE
38 → 33
-5
113 → 87
-26
MERLIN PROPERTIES SOCIMI SA MRL.MC
35 → 33
-2
88 → 86
-2
ING GROEP NV INGA.AS
30 → 30
0
80 → 86
+6
S&P-Glo SPGI
30 → 35
+5
72 → 86
+14
Coca Cola Company KO
30 → 33
+3
85 → 85
0
UNICREDIT SPA UCG.MI
32 → 29
-3
78 → 84
+6
PFIZER INC PFE
26 → 24
-2
89 → 84
-5
CELLNEX TELECOM SAU CLNX.MC
33 → 28
-5
96 → 83
-13
SHELL PLC SHEL.L
30 → 29
-1
87 → 83
-4
ENEL GREEN POWER ENEL.MI
25 → 30
+5
82 → 82
0
Ferrari Nv RACE.MI
21 → 27
+6
63 → 82
+19
MUENCHENER RUECKVERS MUV2.DE
29 → 25
-4
91 → 81
-10
INTESA SANPAOLO SPA ISP.MI
32 → 33
+1
81 → 81
0
BOOKING HOLDINGS INC BKNG
27 → 25
-2
82 → 80
-2
Micron Tech. Inc. MU
19 → 27
+8
57 → 80
+23
CIE GENERALE DES ETA ML.PA
25 → 26
+1
73 → 79
+6
Oracle Corporation ORCL
31 → 28
-3
84 → 79
-5
PROCTER AND GAMBLE CO/THE PG
29 → 33
+4
71 → 78
+7
Thermo Fisher Scientific Inc TMO
27 → 26
-1
85 → 78
-7
RED ELECTRICA CORP SA RED.MC
28 → 30
+2
58 → 76
+18
INMOBILIARIA COLONIAL SA COL.MC
30 → 36
+6
73 → 75
+2
JOHNSON & JOHNSON JNJ
28 → 29
+1
76 → 75
-1
TELEFONICA SA TEF.MC
26 → 23
-3
75 → 74
-1
FERROVIAL FER.AS
33 → 33
0
76 → 74
-2
UNITEDHEALTH GROUP UNH
31 → 31
0
74 → 73
-1
BAYERISCHE MOTOREN WERKE AG BMW.DE
23 → 24
+1
73 → 72
-1
NETFLIX INC NFLX
26 → 26
0
67 → 72
+5
ADIDAS AG ADS.DE
28 → 24
-4
77 → 71
-6
Aggregate fixed income of the CNMV universe
Fixed-income holdings filed with the CNMV by every fund in the universe, as of the half-year close 2025-12-31. No recommendations or risk assessment: observed positions only.
Funds holding fixed income
1206
Declared exposure
268.20 B €
Sum of the market value funds declare in fixed-income positions. Not total assets, not notional, not a net flow; it does not adjust for price, FX or redemptions.
Distinct issuers
5669
Distinct issuer identities in the data. Some large issuers arrive fragmented across several CNMV spellings and are counted separately.
Maturing in ≤12 months
41.1%
Portion of declared fixed-income exposure whose observed contractual maturity falls within 12 months of the portfolio date. This is not a risk measure.
Issuers held by the most managers
Debt issuers (repos excluded) held in portfolios of 6 or more distinct managers. Sorted by number of managers, then by number of funds. The threshold is a product decision, not an economic boundary.
Company
Type
Funds
Managers
ISINs
Exposure
Reino de España
Sovereign
509
59
110
32.63 B €
Repubblica Italiana
Sovereign
426
47
153
32.62 B €
CAIXABANK SA
Bank
289
46
49
1.73 B €
BANCO SANTANDER SA
Bank
254
40
62
1.80 B €
BNP PARIBAS SA
Corporate
213
39
63
1.41 B €
CREDIT AGRICOLE
Corporate
198
38
64
1.21 B €
BANKINTER, S.A.
Bank
229
37
32
1.30 B €
Bundesrepublik Deutschland
Sovereign
143
36
87
4.33 B €
ING GROEP
Corporate
162
35
41
797.5 M €
RCI BANQUE S.A
Corporate
198
34
23
1.30 B €
SOCIETE GENERALE SA
Bank
154
33
44
1.07 B €
BAYER
Corporate
115
32
16
337.6 M €
INTESA SANPAOLO SPA
Corporate
250
31
61
2.05 B €
COMMERZBANK
Corporate
171
29
39
1.02 B €
MORGAN STANLEY
Corporate
141
29
31
907.3 M €
This half-year's moves
Compares issuers between 2025-06-30 and 2025-12-31. The signal is how many more (or fewer) distinct managers hold the issuer, net — not how many funds. A change in exposure doesn't imply a buy or sell.
Gaining manager presence
Company
Managers (before → now)
Net change
Exposure
MASORANGE SL Corporate
0 → 8 · 8 with new positions
+8
47.4 M €
ORANGE Corporate
16 → 23 · 18 with new positions
+7
466.0 M €
PROSEGUR CASH SA Corporate
11 → 18 · 16 with new positions
+7
127.0 M €
VERALLIA SA Corporate
7 → 14 · 11 with new positions
+7
93.5 M €
FIBERCOP SPA Corporate
6 → 12 · 11 with new positions
+6
246.0 M €
HEINEKEN NV Corporate
12 → 18 · 11 with new positions
+6
185.2 M €
L´OREAL SA Corporate
6 → 12 · 11 with new positions
+6
146.5 M €
PERNOD RICARD SA Corporate
6 → 12 · 10 with new positions
+6
58.8 M €
ORSTED A/S Corporate
8 → 14 · 8 with new positions
+6
35.5 M €
IHG Finance Corporate
4 → 10 · 7 with new positions
+6
18.9 M €
Losing manager presence (exits not explained by maturity)
Company
Managers (before → now)
Net change
Exposure
Citigroup Inc Corporate
34 → 30 · 14 exiting, not maturity
-4
537.9 M €
SOCIETE GENERALE SA Bank
38 → 33 · 12 exiting, not maturity
-5
1.07 B €
République Française Sovereign
30 → 26 · 9 exiting, not maturity
-4
16.36 B €
BANCO DE SABADELL, S Bank
19 → 15 · 7 exiting, not maturity
-4
480.8 M €
ALD SA Corporate
16 → 9 · 5 exiting, not maturity
-7
8.6 M €
VIRGIN MONEY UK PLC Corporate
5 → 0 · 5 exiting, not maturity
-5
0 €
PETROLEOS MEXICANOS Corporate
14 → 9 · 5 exiting, not maturity
-5
10.0 M €
BANK OF AMERICA Corporate
15 → 10 · 5 exiting, not maturity
-5
151.1 M €
Samsonite Finco SARL Corporate
6 → 2 · 5 exiting, not maturity
-4
1.4 M €
INFORMA PLC Corporate
15 → 6 · 4 exiting, not maturity
-9
32.7 M €
Exits that coincide with the bond's contractual maturity are not counted here as "managers dropping exposure" — see the methodology note on the full moves table.
Disclaimer
This is not financial advice. Data comes from the public periodic reports each manager files with the CNMV and lags the real close of the period: it's a snapshot of the end of each quarter or half-year, not a real-time portfolio. Past returns do not guarantee future returns.