# BANCO BILBAO VIZCAYA ARGENTARIA, S.A.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 842180. Source: https://holderbook.com/funds/842180-banco-bilbao-vizcaya-argentaria-s-a/

- Reported value: $16.1B
- Positions: 733
- Weight of the ten largest: 43.2%
- Filed: 2026-08-12

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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.6B | 3,500,840 | 16.3% | 27 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $763.8M | 3,826,639 | 4.8% | 27 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $631.2M | 2,183,517 | 3.9% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $550.7M | 1,477,964 | 3.4% | 27 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $474.3M | 530,459 | 3.0% | 27 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $468.3M | 1,312,096 | 2.9% | 27 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $404.6M | 1,695,730 | 2.5% | 7 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $364.6M | 965,878 | 2.3% | 27 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $339.5M | 294,483 | 2.1% | 27 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $334.3M | 3,645,961 | 2.1% | 27 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $269.8M | 480,636 | 1.7% | 27 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $236.0M | 408,672 | 1.5% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $235.5M | 666,578 | 1.5% | 27 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $166.8M | 385,338 | 1.0% | 7 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $159.5M | 1,444,594 | 1.0% | 27 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $154.7M | 1,954,548 | 1.0% | 27 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $148.4M | 493,144 | 0.9% | 27 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $141.6M | 195,905 | 0.9% | 7 |
| POLESTAR AUTOMOTIVE HLDG UK | [PSNY](https://holderbook.com/stocks/PSNY/) | $133.7M | 7,755,946 | 0.8% | 2 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $118.7M | 186,620 | 0.7% | 24 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $117.8M | 343,572 | 0.7% | 27 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $115.9M | 52,331 | 0.7% | 4 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $112.7M | 153,390 | 0.7% | 27 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $112.0M | 2,091,321 | 0.7% | 27 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $109.3M | 91,229 | 0.7% | 27 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $105.5M | 1,470,897 | 0.7% | 27 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $105.4M | 672,938 | 0.7% | 27 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $101.6M | 865,221 | 0.6% | 27 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $92.2M | 662,615 | 0.6% | 27 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $83.3M | 326,436 | 0.5% | 27 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $81.4M | 158,739 | 0.5% | 27 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $80.7M | 1,501,060 | 0.5% | 27 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $80.7M | 712,555 | 0.5% | 27 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $80.4M | 319,602 | 0.5% | 27 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $78.3M | 667,283 | 0.5% | 21 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $76.7M | 796,318 | 0.5% | 27 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $70.6M | 445,151 | 0.4% | 27 |
| ISHARES INC | [EWT](https://holderbook.com/stocks/EWT/) | $70.3M | 648,931 | 0.4% | 27 |
| ABRDN SILVER ETF TRUST | [SIVR](https://holderbook.com/stocks/SIVR/) | $66.9M | 1,182,000 | 0.4% | 7 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $66.1M | 166,535 | 0.4% | 7 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $59.8M | 93,524 | 0.4% | 27 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $59.0M | 347,199 | 0.4% | 7 |
| ISHARES TR | [INDA](https://holderbook.com/stocks/INDA/) | $57.8M | 1,171,427 | 0.4% | 21 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $57.4M | 193,664 | 0.4% | 14 |
| ISHARES INC | [EWI](https://holderbook.com/stocks/EWI/) | $57.2M | 967,869 | 0.4% | 1 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $57.1M | 33,794 | 0.4% | 27 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $56.6M | 113,154 | 0.4% | 7 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $56.0M | 585,700 | 0.3% | 27 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $55.9M | 170,877 | 0.3% | 27 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $54.2M | 292,454 | 0.3% | 27 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $53.9M | 368,808 | 0.3% | 27 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $53.3M | 380,351 | 0.3% | 27 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $52.0M | 914,224 | 0.3% | 7 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $48.8M | 335,217 | 0.3% | 21 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $47.5M | 369,659 | 0.3% | 27 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $46.5M | 530,556 | 0.3% | 27 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $46.2M | 466,853 | 0.3% | 27 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $45.9M | 363,083 | 0.3% | 27 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $44.2M | 119,549 | 0.3% | 27 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $44.2M | 177,826 | 0.3% | 18 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $43.5M | 146,450 | 0.3% | 27 |
| ISHARES TR | [MCHI](https://holderbook.com/stocks/MCHI/) | $43.3M | 850,545 | 0.3% | 27 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $43.2M | 592,062 | 0.3% | 26 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $43.0M | 241,064 | 0.3% | 27 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $42.9M | 42,427 | 0.3% | 27 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $42.3M | 362,640 | 0.3% | 13 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $41.8M | 267,668 | 0.3% | 27 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $40.9M | 120,322 | 0.3% | 27 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $40.2M | 78,217 | 0.3% | 8 |
| J P MORGAN EXCHANGE TRADED F | [BBUS](https://holderbook.com/stocks/BBUS/) | $39.2M | 291,360 | 0.2% | 3 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $38.1M | 495,010 | 0.2% | 27 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $37.8M | 134,582 | 0.2% | 27 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $37.1M | 88,539 | 0.2% | 27 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $36.9M | 449,563 | 0.2% | 27 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $36.5M | 237,530 | 0.2% | 27 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $36.0M | 120,026 | 0.2% | 27 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $34.6M | 83,112 | 0.2% | 27 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $34.1M | 94,325 | 0.2% | 7 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $33.7M | 222,406 | 0.2% | 27 |
| ISHARES INC | [EWZ](https://holderbook.com/stocks/EWZ/) | $33.6M | 975,646 | 0.2% | 27 |
| VANGUARD WORLD FD | [VCEB](https://holderbook.com/stocks/VCEB/) | $33.4M | 531,946 | 0.2% | 11 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $33.4M | 189,827 | 0.2% | 7 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $32.9M | 209,500 | 0.2% | 6 |
| ISHARES INC | [EWY](https://holderbook.com/stocks/EWY/) | $32.7M | 162,592 | 0.2% | 27 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $31.3M | 41,113 | 0.2% | 20 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $31.2M | 149,260 | 0.2% | 27 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $30.6M | 744,119 | 0.2% | 27 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $30.4M | 352,426 | 0.2% | 16 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $30.1M | 60,102 | 0.2% | 27 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $29.7M | 318,336 | 0.2% | 27 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $29.3M | 283,446 | 0.2% | 27 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $29.3M | 507,605 | 0.2% | 27 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $29.2M | 330,185 | 0.2% | 27 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $29.2M | 482,832 | 0.2% | 27 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $29.1M | 352,680 | 0.2% | 27 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $29.0M | 684,709 | 0.2% | 27 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $28.8M | 141,071 | 0.2% | 27 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $28.7M | 198,356 | 0.2% | 7 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $28.6M | 84,722 | 0.2% | 7 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $28.4M | 1,178,232 | 0.2% | 27 |

## 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 2026 | +15.5% | +14.8% | +0.7% | 101% |
| Q1 2026 | -4.9% | -4.6% | -0.2% | 99% |
| Q4 2025 | +2.7% | +2.4% | +0.3% | 100% |
| Q3 2025 | +8.6% | +7.8% | +0.8% | 100% |
| Q2 2025 | +11.6% | +10.5% | +1.2% | 100% |
| Q1 2025 | -5.0% | -4.6% | -0.4% | 100% |
| Q4 2024 | +1.5% | +2.1% | -0.6% | 86% |
| Q3 2024 | +4.4% | +5.4% | -1.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $16.1B | 733 |
| Q1 2026 | $14.3B | 726 |
| Q4 2025 | $14.4B | 724 |
| Q3 2025 | $13.1B | 727 |
| Q2 2025 | $11.0B | 691 |
| Q1 2025 | $9.9B | 719 |
| Q4 2024 | $9.5B | 690 |
| Q3 2024 | $10.0B | 706 |
| Q2 2024 | $9.5B | 728 |
| Q1 2024 | $8.7B | 759 |
| Q4 2023 | $8.4B | 731 |
| Q3 2023 | $7.4B | 724 |