Titelia

Holdings of DNCA Invest - Convertibles

ISIN LU0401809073 · LU0512124107

DNCA Finance Luxembourg · 61 declared positions · as of Dec 31, 2025

Fund report · Net assets 633.1M € · Ten largest lines: 34.3 % of net assets · Compare with another fund · Report an error

Positions

RankCompanyCurrencySharesValueWeight
1VONOVIA SE 0.875% 25-20/05/2032 CV Real estateEUR27,000,00026.2M €4.13 %
2SCHNEIDER ELEC 1.97% 23-27/11/2030 CV Electric & ElectronicEUR19,500,00024.7M €3.91 %
3LEGRAND SA 1.5% 25-23/06/2033 CV Electric & ElectronicEUR23,000,00024.6M €3.88 %
4STMICROELECTRON 0% 20-04/08/2027 CV Electric & ElectronicUSD29,000,00024.1M €3.80 %
5IBERDROLA FIN SA 1.5% 25-27/03/2030 CV EnergyEUR21,000,00023.5M €3.71 %
6LEG PROPERTIES BV 1% 24-04/09/2030 CV Real estateEUR21,000,00020.3M €3.21 %
7FERROVIAL SE 0.75% 25-20/05/2031 CV Building materialsEUR19,000,00019.3M €3.04 %
8TUI AG 1.95% 24-26/07/2031 CV Diversified servicesEUR15,500,00019M €3.00 %
9RAG STIFTUNG 2.25% 23-28/11/2030 CV Steel industryEUR18,000,00018.2M €2.87 %
10TAG IMMO AG 0.625% 25-11/03/2031 CV Real estateEUR17,000,00017.3M €2.73 %
11BECHTLE AG 2% 23-08/12/2030 CV Office & Business equipmentEUR15,500,00017M €2.69 %
12OSTRUM SRI MONEY PLUS-SIC EU Investment fundsEUR6516.9M €2.67 %
13SALZGITTER AG 3.375% 25-22/10/2032 CV Steel industryEUR15,500,00016.9M €2.67 %
14GS FIN C INTL 0% 25-07/05/2030 CV BanksEUR14,000,00016.6M €2.62 %
15CARA OBLIGATIONS 1.5% 25-01/12/2030 CV Financial servicesEUR12,500,00016M €2.53 %
16SCHNEIDER ELEC 1.25% 25-23/09/2033 CV Electric & ElectronicEUR14,500,00014.7M €2.33 %
17MTU AERO ENGINES 0.05% 19-18/03/2027 CV Engineering & ConstructionEUR13,000,00014.5M €2.29 %
18RHEINMETALL 2.25% 23-07/02/2030 CV Insurance, ReinsuranceEUR2,700,00013.6M €2.15 %
19ACCOR 0.7% 20-07/12/2027 CV FLAT Lodging & RestaurantsEUR225,00012.9M €2.04 %
20EXAIL TECHNO 25-01/04/2174 CV FRN Insurance, ReinsuranceEUR11,500,00012.7M €2.01 %
21DT LUFTHANSA AG 0% 25-10/09/2032 CV TransportationEUR12,000,00012.6M €1.99 %
22VINCI SA 0.7% 25-18/02/2030 CV Building materialsEUR12,000,00012.5M €1.98 %
23QIAGEN NV 2.5% 24-10/09/2031 CV CosmeticsUSD14,000,00012.4M €1.96 %
24VOESTALPINE AG 2.75% 23-28/04/2028 CV Steel industryEUR10,500,00011.9M €1.87 %
25JPMORGANCHASEFIN 0.1% 25-20/05/2030 CV Financial servicesEUR11,000,00010.4M €1.65 %
26EURONEXT NV 1.5% 25-30/05/2032 CV Financial servicesEUR10,000,0009.9M €1.57 %
27DNCA INVEST - GLOBAL CONVERTIBLES INC Investment fundsEUR71,8009.7M €1.53 %
28ENI SPA 2.95% 23-14/09/2030 CV EnergyEUR9,000,0009.6M €1.51 %
29CITIGROUP GLOBAL 0.8% 25-05/02/2030 CV Financial servicesEUR8,500,0009.3M €1.47 %
30SPIE SA 2% 23-17/01/2028 CV Building materialsEUR6,000,0009.2M €1.46 %
31MERRILL LYNCH BV 0.1% 25-28/04/2030 CV Financial servicesEUR9,000,0008.5M €1.34 %
32GS FIN C INTL 0% 25-04/04/2028 CV BanksUSD6,500,0008.4M €1.33 %
33CELLNEX TELECOM 0.5% 19-05/07/2028 CV TelecommunicationEUR8,000,0008.4M €1.32 %
34ALIBABA GROUP 0% 25-15/09/2032 CV InternetUSD9,000,0007.9M €1.25 %
35QIAGEN NV 2% 25-04/09/2032 CV CosmeticsUSD8,200,0007.1M €1.12 %
36CMA CGM SA 0.5% 25-16/12/2028 CV TransportationEUR6,500,0007M €1.11 %
37NEXI 0% 21-24/02/2028 CV Diversified servicesEUR7,000,0006.5M €1.02 %
38DNCA INVEST - SERENITE PLUS ICA Investment fundsEUR55,0006.3M €0.99 %
39MORGAN STAN FIN 0% 25-21/03/2028 CV BanksUSD5,000,0005.7M €0.89 %
40GS FIN C INTL 0% 25-06/11/2028 CV BanksUSD6,500,0005.4M €0.86 %
41RENAULT 83-24/10/2049 FRN TP Auto Parts & EquipmentEUR15,1205.3M €0.84 %
42LIVE NATION ENT 2.875% 25-15/10/2031 CV Private EquityUSD6,000,0005M €0.80 %
43ELIS SA 2.25% 22-22/09/2029 CV Diversified servicesEUR3,000,0004.6M €0.73 %
44WIX LTD 0% 25-15/09/2030 CV InternetUSD6,000,0004.5M €0.71 %
45INTL CONSOLIDAT 1.125% 21-18/05/2028 CV TransportationEUR3,000,0004.5M €0.71 %
46SALINI SPA 4% 24-30/05/2028 CV Building materialsEUR3,000,0004.2M €0.66 %
47SAIPEM SPA 2.875% 23-11/09/2029 CV ChemicalEUR2,700,0004M €0.63 %
48DELIVERY HERO AG 3.25% 23-21/02/2030 CV InternetEUR4,000,0003.9M €0.62 %
49AEROVIRONMENT 0% 25-15/07/2030 CV Insurance, ReinsuranceUSD4,000,0003.7M €0.59 %
50BE SEMICONDUCTOR 1.875% 22-06/04/2029 CV Electric & ElectronicEUR2,500,0003.3M €0.53 %
51SIMON GLOBAL DEV 3.5% 23-14/11/2026 CV Financial servicesEUR2,500,0003.1M €0.49 %
52SNAM 24-10/12/2172 FRN EnergyEUR3,000,0003.1M €0.49 %
53GS FIN C INTL 0% 25-07/03/2030 CV BanksUSD3,200,0003M €0.47 %
54FERRARI NV 3.625% 24-21/05/2030 Auto Parts & EquipmentEUR2,500,0002.5M €0.40 %
55INTL CONSOLIDAT 3.352% 25-11/09/2030 TransportationEUR2,500,0002.5M €0.39 %
56TAG IMMO AG 3.625% 25-03/03/2032 Real estateEUR2,500,0002.5M €0.39 %
57PRYSMIAN SPA 25- FRN Electric & ElectronicEUR2,000,0002.1M €0.33 %
58RENAULT 3.875% 25-30/09/2030 Auto Parts & EquipmentEUR2,000,0002M €0.32 %
59IBERDROLA FIN SA 25-05/11/2174 FRN EnergyEUR2,000,0002M €0.31 %
60CIE DE SAINT-GOBAIN-PART CRT Building materialsEUR15,0002M €0.31 %
61INFINEON TECH 2% 20-24/06/2032 Electric & ElectronicEUR2,000,0001.8M €0.28 %

Source: report published by DNCA Invest - Convertibles.

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Sector breakdown

  • Electric & Electronic 15.4 %
  • Real estate 10.7 %
  • Financial services 9.3 %
  • Steel industry 7.6 %
  • Building materials 7.6 %
  • Banks 6.3 %
  • Energy 6.2 %
  • Investment funds 5.3 %
  • Diversified services 4.9 %
  • Insurance, Reinsurance 4.9 %
  • Transportation 4.3 %
  • Others 17.6 %

The sectors are those of the fund report. Weights are in % of net assets.

Currency breakdown

  • EUR 85.9 %
  • USD 14.1 %

Each line is counted in its quoted currency, as the fund declares it.

Cite this page

Titelia. "Holdings of DNCA Invest - Convertibles". https://titelia.com/en/funds/dnca-invest-convertibles