Titelia

Holdings of DEMOCRATIC CAPITAL, SICAV, S.A.

GESIURIS ASSET MANAGEMENT, SGIIC, S.A. ·48 declared positions · as of Dec 31, 2025

Original filing · Net assets 3.7M € · Ten largest lines: 47.9 % of the equity sleeve

Sector breakdown

  • Health care 12.4 %
  • Materials 9.9 %
  • Consumer staples 2.8 %
  • Real estate 1.5 %
  • Unattributed 73.4 %

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

  • CA 55.7 %
  • US 14.1 %
  • ES 12.8 %
  • AU 7.1 %
  • DK 6.2 %
  • ZA 2.2 %
  • GB 1.3 %
  • DE 0.5 %

Shares computed on the equity sleeve.

RankCountryLinesValueShare
1CA331.6M €55.74 %
2US7394.1K €14.12 %
3ES3356.1K €12.76 %
4AU1198.5K €7.11 %
5DK1173.3K €6.21 %
6ZA161K €2.19 %
7GB136.8K €1.32 %
8DE115.3K €0.55 %

Positions

RankCompanySharesValueWeight
1Aurelia Metals Ltd 198.5K €5.39 %
2Puig Brands SA 193.3K €5.25 %
3Novo Nordisk A/S 173.3K €4.70 %
4Tudor Gold Corp 163.8K €4.45 %
5Kinross Gold Corp 119.9K €3.25 %
6Agnico Eagle Mines Ltd 115.5K €3.14 %
7Colonial SFL Socimi SA 109.3K €2.97 %
8Pan American Silver Corp 98.7K €2.68 %
9Coeur Mining Inc 91.1K €2.47 %
10GR Silver Mining Ltd 74.5K €2.02 %
11Gold Resource Corp 70.5K €1.91 %
12Eldorado Gold Corp 61.2K €1.66 %
13Harmony Gold Mining Co Ltd 61K €1.66 %
14SSR Mining Inc 56K €1.52 %
15Grifols SA 53.5K €1.45 %
16Canadian Pacific Kansas City Ltd 53.3K €1.45 %
17Pfizer Inc 53K €1.44 %
18Canadian National Railway Co 50.5K €1.37 %
19Freegold Ventures Ltd 49.9K €1.36 %
20Outcrop Silver & Gold Corp 47.6K €1.29 %
21Mid-America Apartment Communities, Inc. 47.3K €1.28 %
22Blackrock Silver Corp 47.1K €1.28 %
23Equity Residential 42.9K €1.17 %
24First Majestic Silver Corp 42.6K €1.16 %
25Fortuna Mining Corp 41.8K €1.13 %
26Constellation Software Inc/Canada 41.1K €1.12 %
27Novagold Resources Inc 39.7K €1.08 %
28New Found Gold Corp 37.8K €1.03 %
29Diageo PLC 36.8K €1.00 %
30GoGold Resources Inc 36.1K €0.98 %
31Endeavour Silver Corp 36K €0.98 %
32Equinox Gold Corp 35.9K €0.97 %
33TEUTON RESOURCES COR 35.6K €0.97 %
34Silvercorp Metals Inc 35.5K €0.96 %
35Alexandria Real Estate Equities, Inc. 33.3K €0.91 %
36International Tower Hill Mines Ltd 31.4K €0.85 %
37Liberty Gold Corp 30.9K €0.84 %
38B2Gold Corp 28.8K €0.78 %
39Orezone Gold Corp 27.5K €0.75 %
40Jaguar Mining Inc 26.9K €0.73 %
41Seabridge Gold Inc 25.2K €0.69 %
42i-80 Gold Corp 25.1K €0.68 %
43Centerra Gold Inc 24.5K €0.67 %
44BEAR CREEK MINING CO 18.6K €0.51 %
45Barrick Mining Corp 18.5K €0.50 %
46NOVO RESOURCES CORP 17.4K €0.47 %
47Northern Dynasty Minerals Ltd 16.8K €0.46 %
48Nagarro SE 15.3K €0.41 %