Banco de Sabadell, S.A
Long book
$150.8M
Q1 2026
Positions
62
Top-10 weight
35%
concentration
Last quarter
+10.8%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsBanco de Sabadell, S.A is an institutional manager, running a $150.8M US long book across 62 positions.
The portfolio is moderately concentrated (top 10 ≈ 35% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: MICROSOFT CORP, BROADCOM INC, ALPHABET INC-CL A, JPMORGAN CHASE & CO, APPLE INC.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.5%
Q2 2024
+5.0%
Q3 2024
-1.6%
Q4 2024
-2.5%
Q1 2025
+6.2%
Q2 2025
+6.5%
Q3 2025
+3.4%
Q4 2025
-0.9%
Q1 2026
+10.8%
Sector allocation
Technology 31%
Consumer discretionary 16%
Financials 14%
Healthcare 11%
Industrials 10%
Energy 5%
Services media 5%
Utilities 3%
Long book by quarter
What does Banco de own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 18.8K | $6.7M | 4.5% | +25.8% |
| AVGO BROADCOM INC | Technology | 22.6K | $6.6M | 4.4% | -5.4% |
| GOOGL ALPHABET INC-CL A | Technology | 23.8K | $6.5M | 4.3% | +1.6% |
| JPM JPMORGAN CHASE & CO | Financials | 18.9K | $5.4M | 3.6% | -6.7% |
| AAPL APPLE INC | Technology | 21.2K | $5.2M | 3.5% | +9.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 4.9K | $4.9M | 3.2% | -3.4% |
| BAC BANK OF AMERICA CORP | Financials | 102.8K | $4.9M | 3.2% | +10.3% |
| ETN EATON CORP PLC | Industrials | 13.9K | $4.8M | 3.2% | +5.3% |
| MA MASTERCARD INC - A | Services media | 8.2K | $4.1M | 2.7% | +1.8% |
| VLO VALERO ENERGY CORP | Energy | 15.7K | $3.9M | 2.6% | +11.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 19.2K | $3.9M | 2.6% | +19.4% |
| LLY ELI LILLY & CO | Healthcare | 4.2K | $3.7M | 2.5% | -7.3% |
| CSCO CISCO SYSTEMS INC | Technology | 47.4K | $3.6M | 2.4% | +2.0% |
| NEE NEXTERA ENERGY INC | Utilities | 39.0K | $3.6M | 2.4% | -6.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 14.6K | $3.5M | 2.3% | -3.5% |
| NVDA NVIDIA CORP | Technology | 19.7K | $3.2M | 2.2% | New |
| ADI ANALOG DEVICES INC | Technology | 10.7K | $3.2M | 2.1% | +1.3% |
| CVX CHEVRON CORP | Energy | 15.1K | $3.2M | 2.1% | +1.7% |
| BLK BLACKROCK INC | Financials | 3.3K | $3.1M | 2.1% | +1.8% |
| KO COCA-COLA CO/THE | Consumer staples | 40.4K | $3.1M | 2.0% | +1.6% |
| TJX TJX COMPANIES INC | Consumer discretionary | 19.7K | $3.1M | 2.0% | +1.5% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 2.4K | $3.0M | 2.0% | -4.7% |
| META META PLATFORMS INC-CLASS A | Technology | 5.1K | $2.7M | 1.8% | +1.9% |
| MCD MCDONALD'S CORP | Consumer discretionary | 8.8K | $2.7M | 1.8% | +1.7% |
| WMT WALMART INC | Consumer discretionary | 21.6K | $2.7M | 1.8% | +14.7% |
| USB US BANCORP | Financials | 49.1K | $2.5M | 1.7% | +12.0% |
| AMGN AMGEN INC | Healthcare | 6.8K | $2.4M | 1.6% | -6.4% |
| CME CME GROUP INC | Financials | 7.9K | $2.3M | 1.5% | +1.8% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 4.6K | $2.2M | 1.5% | +1.8% |
| ACN ACCENTURE PLC-CL A | Services media | 10.8K | $2.1M | 1.4% | +2.1% |
| CSX CSX CORP | Industrials | 53.3K | $2.1M | 1.4% | +1.4% |
| HD HOME DEPOT INC | Consumer discretionary | 6.5K | $2.1M | 1.4% | +1.8% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 7.0K | $2.0M | 1.3% | +1.7% |
| SYK STRYKER CORP | Healthcare | 5.8K | $1.9M | 1.3% | +32.0% |
| TXN TEXAS INSTRUMENTS INC | Technology | 10.0K | $1.9M | 1.2% | +1.6% |
| MDT MEDTRONIC PLC | Healthcare | 20.9K | $1.8M | 1.2% | -8.1% |
| UNP UNION PACIFIC CORP | Industrials | 7.3K | $1.7M | 1.2% | -3.2% |
| MRK MERCK & CO. INC. | Healthcare | 12.0K | $1.4M | 0.9% | +1.8% |
| QCOM QUALCOMM INC | Technology | 9.8K | $1.2M | 0.8% | +1.7% |
| SBUX STARBUCKS CORP | Consumer discretionary | 14.1K | $1.2M | 0.8% | -41.0% |
| GE GENERAL ELECTRIC | Industrials | 4.4K | $1.2M | 0.8% | New |
| NVT NVENT ELECTRIC PLC | Industrials | 9.8K | $1.1M | 0.7% | +11.6% |
| TEL TE CONNECTIVITY PLC | Consumer discretionary | 4.7K | $930K | 0.6% | +2.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 62 | $150.8M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 63 | $153.5M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 64 | $151.2M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 64 | $144.6M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 57 | $131.5M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 57 | $127.5M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 60 | $133.5M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 60 | $136.3M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 60 | $134.3M | $K fixed canonical | SEC ↗ |
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