Titelia

Holdings of BELGRAVIA VALUE STRATEGY, FI

SINGULAR ASSET MANAGEMENT, SGIIC, S.A. ·36 declared positions · as of Dec 31, 2025

Original filing · Net assets 19M € · Ten largest lines: 43.9 % of the equity sleeve

Sector breakdown

  • Communication 6.3 %
  • Financials 5.5 %
  • Utilities 4.6 %
  • Consumer staples 4.4 %
  • Consumer discretionary 3.7 %
  • Energy 3.0 %
  • Industrials 3.0 %
  • Materials 2.8 %
  • Technology 1.0 %
  • Health care 0.9 %
  • Unattributed 65.0 %

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

  • DE 29.5 %
  • GB 21.7 %
  • FR 9.3 %
  • NL 8.6 %
  • BE 8.4 %
  • IT 7.7 %
  • ES 4.6 %
  • IE 3.7 %
  • US 2.8 %
  • SE 2.6 %
  • GR 1.1 %

Shares computed on the equity sleeve.

RankCountryLinesValueShare
1DE123.9M €29.54 %
2GB62.9M €21.66 %
3FR41.2M €9.30 %
4NL41.1M €8.58 %
5BE31.1M €8.43 %
6IT21M €7.69 %
7ES1603.8K €4.57 %
8IE1484.6K €3.67 %
9US1371.9K €2.82 %
10SE1349.7K €2.65 %
11GR1144.3K €1.09 %

Positions

RankCompanySharesValueWeight
1flatexDEGIRO SE 650.3K €3.42 %
2KBC Group NV 645.3K €3.39 %
3Tesco PLC 631K €3.32 %
4Iberdrola SA 603.8K €3.18 %
5Imperial Brands PLC 582.7K €3.07 %
6Convatec Group PLC 574.3K €3.02 %
7Lottomatica Group Spa 573.4K €3.02 %
8Orange SA 568K €2.99 %
9IONOS Group SE 485.5K €2.55 %
10Ryanair Holdings PLC 484.6K €2.55 %
11Reply SpA 441.6K €2.32 %
12adidas AG 439.5K €2.31 %
13Corbion NV 414.1K €2.18 %
14KION Group AG 402.7K €2.12 %
15NatWest Group PLC 399.7K €2.10 %
16Knorr-Bremse AG 399.6K €2.10 %
17Edenred SE 395.2K €2.08 %
18Shell PLC 393.4K €2.07 %
19Siemens AG 389.8K €2.05 %
20Fagron 385.5K €2.03 %
21CRH PLC 371.9K €1.96 %
22SKF AB 349.7K €1.84 %
23ING Groep NV 321.7K €1.69 %
24Coca-Cola Europacific Partners PLC 278K €1.46 %
25Deutsche Telekom AG 257.2K €1.35 %
26Universal Music Group NV 244.5K €1.29 %
27Auto1 Group SE 237.5K €1.25 %
28Aumovio SE 223.3K €1.17 %
29Commerzbank AG 162.5K €0.85 %
30Allfunds Group Plc 152.9K €0.80 %
31National Bank of Greece SA 144.3K €0.76 %
32Vallourec SACA 142.8K €0.75 %
33SAP SE 127.1K €0.67 %
34CTS Eventim AG & Co KGaA 125.6K €0.66 %
35EssilorLuxottica SA 121.5K €0.64 %
36Ion Beam Applications 82.1K €0.43 %