# Sabadell Asset Management, S.A S.G.I.I.C

> Institutional holdings reported to the SEC as of Q2 2023 on Form 13F. CIK 1730946. Source: https://holderbook.com/funds/1730946-sabadell-asset-management-s-a-s-g-i-i-c/

- Reported value: $481.6M
- Positions: 98
- Weight of the ten largest: 34.1%
- Filed: 2024-01-23

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $29.5M | 87,185 | 6.1% | 9 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $22.8M | 79,740 | 4.7% | 9 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $20.9M | 108,750 | 4.3% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $14.4M | 110,674 | 3.0% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $14.3M | 118,990 | 3.0% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $14.2M | 118,753 | 3.0% | 9 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $12.6M | 28,451 | 2.6% | 9 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $12.3M | 202,631 | 2.5% | 9 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $11.7M | 102,373 | 2.4% | 2 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $11.6M | 100,401 | 2.4% | 5 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $11.3M | 36,333 | 2.3% | 9 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $11.0M | 56,372 | 2.3% | 3 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $10.4M | 205,222 | 2.2% | 9 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $10.3M | 43,348 | 2.1% | 9 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $10.1M | 276,776 | 2.1% | 9 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $10.1M | 223,401 | 2.1% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $9.9M | 65,040 | 2.1% | 9 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $9.8M | 182,274 | 2.0% | 2 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $9.3M | 19,206 | 1.9% | 9 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $9.1M | 567,266 | 1.9% | 2 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $8.9M | 79,214 | 1.9% | 2 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $8.9M | 104,593 | 1.9% | 2 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $8.8M | 101,512 | 1.8% | 9 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $7.5M | 35,376 | 1.6% | 9 |
| NATIONAL INSTRS CORP | [NATI](https://holderbook.com/stocks/NATI/) | $7.4M | 129,448 | 1.5% | 6 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $7.3M | 54,971 | 1.5% | 7 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $7.3M | 30,900 | 1.5% | 9 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $7.3M | 174,632 | 1.5% | 6 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $7.2M | 36,454 | 1.5% | 9 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $7.2M | 227,024 | 1.5% | 6 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $7.1M | 423,174 | 1.5% | 9 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $6.8M | 91,206 | 1.4% | 9 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $6.6M | 34,563 | 1.4% | 9 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $5.7M | 30,389 | 1.2% | 9 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $5.3M | 26,477 | 1.1% | 9 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $5.0M | 74,240 | 1.0% | 6 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $4.9M | 23,942 | 1.0% | 9 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $4.6M | 54,211 | 0.9% | 9 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $4.4M | 88,576 | 0.9% | 3 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $4.0M | 43,905 | 0.8% | 9 |
| CDW CORP | [CDW](https://holderbook.com/stocks/CDW/) | $3.5M | 19,266 | 0.7% | 9 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $3.5M | 10,665 | 0.7% | 5 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $3.5M | 54,561 | 0.7% | 9 |
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $3.4M | 53,414 | 0.7% | 8 |
| LAS VEGAS SANDS CORP | [LVS](https://holderbook.com/stocks/LVS/) | $3.3M | 55,955 | 0.7% | 3 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $3.3M | 48,332 | 0.7% | 2 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $3.2M | 28,977 | 0.7% | 2 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $3.1M | 6,545 | 0.6% | 9 |
| ORGANON & CO | [OGN](https://holderbook.com/stocks/OGN/) | $2.8M | 135,053 | 0.6% | 2 |
| ALNYLAM PHARMACEUTICALS INC | [ALNY](https://holderbook.com/stocks/ALNY/) | $2.8M | 14,642 | 0.6% | 6 |
| EVERPURE INC | [P](https://holderbook.com/stocks/P/) | $2.6M | 70,306 | 0.5% | 2 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.4M | 5,970 | 0.5% | 9 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $2.0M | 4,162 | 0.4% | 9 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.8M | 11,329 | 0.4% | 9 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.7M | 1,938 | 0.4% | 9 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $1.7M | 5,144 | 0.3% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.6M | 11,214 | 0.3% | 9 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.5M | 3,324 | 0.3% | 9 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.5M | 50,109 | 0.3% | 9 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.4M | 2,519 | 0.3% | 9 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $1.4M | 6,989 | 0.3% | 8 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $1.3M | 22,783 | 0.3% | 9 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $1.3M | 37,693 | 0.3% | 9 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.3M | 4,308 | 0.3% | 9 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.3M | 24,369 | 0.3% | 9 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.2M | 6,540 | 0.3% | 9 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $1.2M | 16,066 | 0.3% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.2M | 7,384 | 0.3% | 9 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $1.2M | 4,036 | 0.2% | 9 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $1.2M | 1,734 | 0.2% | 9 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $1.2M | 10,160 | 0.2% | 9 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.2M | 5,785 | 0.2% | 9 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $1.2M | 10,759 | 0.2% | 9 |
| ICICI BANK LIMITED | [IBN](https://holderbook.com/stocks/IBN/) | $1.1M | 48,162 | 0.2% | 9 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $1.1M | 3,574 | 0.2% | 9 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.1M | 4,930 | 0.2% | 9 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $1.1M | 10,802 | 0.2% | 9 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $1.0M | 7,729 | 0.2% | 9 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $1.0M | 8,669 | 0.2% | 9 |
| NETEASE COM INC | [NTES](https://holderbook.com/stocks/NTES/) | $1.0M | 10,249 | 0.2% | 9 |
| TRIP COM GROUP LTD | [TCOM](https://holderbook.com/stocks/TCOM/) | $988.1K | 28,063 | 0.2% | 5 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $978.1K | 5,441 | 0.2% | 9 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $951.5K | 10,673 | 0.2% | 9 |
| HDFC BANK LTD | [HDB](https://holderbook.com/stocks/HDB/) | $861.3K | 12,167 | 0.2% | 4 |
| JD.COM INC | [JD](https://holderbook.com/stocks/JD/) | $833.5K | 23,713 | 0.2% | 9 |
| MAKEMYTRIP LIMITED MAURITIUS | [MMYT](https://holderbook.com/stocks/MMYT/) | $643.0K | 23,805 | 0.1% | 5 |
| NEW ORIENTAL ED & TECHNOLOGY | [EDU](https://holderbook.com/stocks/EDU/) | $635.0K | 15,932 | 0.1% | 5 |
| INFOSYS LTD | [INFY](https://holderbook.com/stocks/INFY/) | $616.6K | 38,201 | 0.1% | 9 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $598.2K | 2,284 | 0.1% | 9 |
| ITAU UNIBANCO HLDG S A | [ITUB](https://holderbook.com/stocks/ITUB/) | $588.0K | 98,654 | 0.1% | 5 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $461.0K | 888 | 0.1% | 9 |
| BAXTER INTL INC | [BAX](https://holderbook.com/stocks/BAX/) | $432.7K | 9,684 | 0.1% | 9 |
| STELLANTIS N.V | [STLA](https://holderbook.com/stocks/STLA/) | $244.4K | 13,720 | 0.1% | 9 |
| ALCON AG | [ALC](https://holderbook.com/stocks/ALC/) | $208.5K | 2,573 | 0.0% | 1 |
| CNH INDL N V | [CNH](https://holderbook.com/stocks/CNH/) | $202.6K | 13,925 | 0.0% | 9 |
| MODERNA INC | [MRNA](https://holderbook.com/stocks/MRNA/) | $172.4K | 1,416 | 0.0% | 9 |
| NEBIUS GROUP N.V. | [NBIS](https://holderbook.com/stocks/NBIS/) | $161.4K | 10,833 | 0.0% | 6 |
| TAL ED GROUP | [TAL](https://holderbook.com/stocks/TAL/) | $54.1K | 8,889 | 0.0% | 9 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2023 | +6.9% | +8.3% | -1.4% | 100% |
| Q1 2023 | +7.9% | +7.0% | +0.9% | 95% |
| Q4 2022 | +7.2% | +7.1% | +0.1% | 94% |
| Q3 2022 | -5.9% | -5.3% | -0.6% | 100% |
| Q2 2022 | -18.3% | -16.5% | -1.8% | 101% |
| Q1 2022 | -6.1% | -4.9% | -1.2% | 101% |
| Q4 2021 | +9.9% | +10.7% | -0.8% | 100% |
| Q3 2021 | +0.1% | +0.3% | -0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2023 | $481.6M | 98 |
| Q1 2023 | $470.4M | 104 |
| Q4 2022 | $481.9M | 111 |
| Q3 2022 | $454.2M | 111 |
| Q2 2022 | $475.0M | 144 |
| Q1 2022 | $579.7M | 168 |
| Q4 2021 | $625.1M | 162 |
| Q3 2021 | $580.6M | 162 |
| Q2 2021 | $579.7M | 164 |