Titelia

Holdings of AZVALOR MANAGERS, FI

AZVALOR ASSET MANAGEMENT, SGIIC, S.A. · Original filing · Compare with another fund · Report an error

Net assets
180.5M € including 95.3M € in equities, 52.8 %
Positions
237 in 21 countries
Top ten
9.8 % of net assets
Filed on
Dec 31, 2025
Portfolio shape

Positions

RankCompanySharesValueWeight
1IAMGOLD Corp 2.4M €1.31 %
2Tencent Holdings Ltd 2.2M €1.22 %
3Valterra Platinum Ltd 1.8M €1.01 %
4Valaris Ltd 1.8M €0.99 %
5M/I Homes Inc 1.7M €0.95 %
6Harley-Davidson Inc 1.7M €0.94 %
7RLJ Lodging Trust 1.7M €0.92 %
8Alibaba Group Holding Ltd 1.6M €0.88 %
9Centerra Gold Inc 1.5M €0.86 %
10Seadrill Ltd 1.4M €0.75 %
11Hamilton Insurance Group Ltd 1.2M €0.65 %
12Global Ship Lease Inc 1.2M €0.65 %
13Ryerson Holding Corp 1.1M €0.63 %
14Pop Mart International Group Ltd 1.1M €0.63 %
15Radian Group Inc 1.1M €0.63 %
16Equinox Gold Corp 1.1M €0.60 %
17China Merchants Bank Co Ltd 1.1M €0.59 %
18Sibanye Stillwater Ltd 1M €0.58 %
19Jiangsu Hengli Hydraulic Co Ltd 1M €0.57 %
20Cromwell Property Group 970.1K €0.54 %
21Dundee Corp 953.5K €0.53 %
22Motorcar Parts of America Inc 947K €0.52 %
23Impala Platinum Holdings Ltd 941.2K €0.52 %
24Hammerson PLC 933.1K €0.52 %
25Birchcliff Energy Ltd 922.1K €0.51 %
26Zijin Mining Group Co Ltd 898.1K €0.50 %
27Ternium SA 891.5K €0.49 %
28KB Home 883.6K €0.49 %
29Aker ASA 869.3K €0.48 %
30Centrus Energy Corp 853.5K €0.47 %
31Antero Resources Corp 851.1K €0.47 %
32Hong Kong Exchanges & Clearing Ltd 842.9K €0.47 %
33West Fraser Timber Co Ltd 842.8K €0.47 %
34Anglo American PLC 821.5K €0.46 %
35Valterra Platinum Ltd 813.4K €0.45 %
36Taiwan Semiconductor Manufacturing Co Ltd 806.1K €0.45 %
37B3 SA - Brasil Bolsa Balcao 787K €0.44 %
38Kaspi.KZ JSC 778.2K €0.43 %
39Sungrow Power Supply Co Ltd 774.7K €0.43 %
40Suzano SA 734.3K €0.41 %
41Fairfax India Holdings Corp 702K €0.39 %
42Major Drilling Group International Inc 698.6K €0.39 %
43Titan International Inc 674K €0.37 %
44Howard Hughes Holdings Inc 658.7K €0.37 %
45International Petroleum Corp 658.7K €0.37 %
46Sprott Physical Uranium Trust 644.6K €0.36 %
47Core Natural Resources Inc 629.7K €0.35 %
48Alamos Gold Inc 626.3K €0.35 %
49Samsonite Group SA 618.6K €0.34 %
50Travis Perkins PLC 612.5K €0.34 %
51Midland Holdings Ltd 611.5K €0.34 %
52Sino Land Co Ltd 604.3K €0.33 %
53Sieyuan Electric Co Ltd 599.2K €0.33 %
54Ivanhoe Electric Inc / US 590.7K €0.33 %
55Douglas Elliman Inc 576.9K €0.32 %
56UniCredit SpA 568.8K €0.32 %
57Xiaomi Corp 554.3K €0.31 %
58Ferroglobe PLC 553.3K €0.31 %
59JSE Ltd 548.7K €0.30 %
60Natura Cosmeticos SA 536K €0.30 %
61Greenfire Resources Ltd 535.7K €0.30 %
62Localiza Rent a Car SA 533.2K €0.30 %
63PDD Holdings Inc 526.1K €0.29 %
64COOL CO LTD 518.4K €0.29 %
65Straits Trading Co Ltd/Singapore 495.4K €0.27 %
66Westaim Corp 475.3K €0.26 %
67Guizhou Aviation Technical Development Co Ltd 472.2K €0.26 %
68PetroChina Co Ltd 468K €0.26 %
69Genomma Lab Internacional SAB de CV 466.5K €0.26 %
70Yantai Jereh Oilfield Services Group Co Ltd 455K €0.25 %
71China Life Insurance Co Ltd 452.7K €0.25 %
72Cia Paranaense de Energia - Copel 452.1K €0.25 %
73Trip.com Group Ltd 451.9K €0.25 %
74Uranium Energy Corp 437.6K €0.24 %
75Hooker Furnishings Corp 436.3K €0.24 %
76Banco Bradesco SA 433.9K €0.24 %
77Foran Mining Corp 417.7K €0.23 %
78NMI Holdings Inc 416.7K €0.23 %
79Zhejiang Sanhua Intelligent Controls Co Ltd 413.3K €0.23 %
80Contemporary Amperex Technology Co Ltd 407.4K €0.23 %
81Midea Group Co Ltd 398.2K €0.22 %
82SLB Ltd 390.1K €0.22 %
83ANTA Sports Products Ltd 389.9K €0.22 %
84Expand Energy Corp 382.7K €0.21 %
85Shenzhen Inovance Technology Co Ltd 380.1K €0.21 %
86XCMG Construction Machinery Co Ltd 373.8K €0.21 %
87D-MARKET Elektronik Hizmetler ve Ticaret AS 371.2K €0.21 %
88Alpha Metallurgical Resources Inc 370.6K €0.21 %
89Energy Fuels Inc/Canada 367.7K €0.20 %
90Hudbay Minerals Inc 363.6K €0.20 %
91Xi'an Sinofuse Electric Co Ltd 355.7K €0.20 %
92Southwest Airlines Co 334.3K €0.19 %
93Endeavour Mining PLC 327.1K €0.18 %
94Guardian Metal Resources Plc 326.6K €0.18 %
95Metallus Inc 311.2K €0.17 %
96Comstock Resources Inc 309.5K €0.17 %
97BeOne Medicines Ltd 306.3K €0.17 %
98Broadridge Financial Solutions Inc 306.1K €0.17 %
99G Mining Ventures Corp 304.7K €0.17 %
100NetEase Inc 303.1K €0.17 %

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Sector breakdown

  • Communication 2.6 %
  • Consumer discretionary 2.4 %
  • Financials 1.9 %
  • Materials 1.6 %
  • Energy 1.5 %
  • Technology 1.3 %
  • Industrials 0.9 %
  • Unattributed 87.9 %

Titelia classification, company by company. The unattributed share stays visible.

Currency breakdown

  • EUR 100.0 %

The quoted currency of each line, as declared.

Country breakdown

  • United States 30.2 %
  • Canada 18.9 %
  • Hong Kong SAR China 15.1 %
  • China 10.4 %
  • South Africa 5.5 %
  • United Kingdom 4.0 %
  • Brazil 3.2 %
  • Bermuda 3.1 %
  • Australia 2.0 %
  • Cayman Islands 1.3 %
  • Luxembourg 0.9 %
  • Norway 0.9 %
  • Other countries 4.4 %

Shares computed on the equity sleeve.

RankCountryLinesValueShare
1United States6328.8M €30.21 %
2Canada5418M €18.90 %
3Hong Kong SAR China3014.4M €15.10 %
4China409.9M €10.39 %
5South Africa65.3M €5.52 %
6United Kingdom73.8M €4.00 %
7Brazil63M €3.19 %
8Bermuda32.9M €3.05 %
9Australia81.9M €2.01 %
10Cayman Islands81.3M €1.32 %
11Luxembourg1891.5K €0.94 %
12Norway1869.3K €0.91 %
Cite this page

Titelia. "Holdings of AZVALOR MANAGERS, FI". https://titelia.com/en/funds/ESFI5315-0