 | |
Francisco Garcia ParamesMutual Fund | |
| Cobas Asset Management Cobas Seleccion FI | |
| Last update 2024-08-06 | 30 Stocks (5 new) |
| Value $551.00 Mil | Turnover 18 % |
| Portfolio Report | |
Francisco Garcia Parames Profile
FRANCISCO GarcĂa ParamĂ©s is the Chairman and CIO of Cobas Asset Management. His track record of 25 years near the top of performance rankings make him one of Europe’s leading asset managers in the “value” school.
He is a self-taught follower of Warren Buffett’s investment approach. His asset management style is based on strictly applying the principles of value investing (Graham, Buffett, Peter Lynch, etc), within the framework of the Austrian business cycle theory.
He is the author of Invirtiendo a largo plazo (Investing Long-Term), a book in which he explains the underpinnings of his own investment approach and experience.
He is a self-taught follower of Warren Buffett’s investment approach. His asset management style is based on strictly applying the principles of value investing (Graham, Buffett, Peter Lynch, etc), within the framework of the Austrian business cycle theory.
He is the author of Invirtiendo a largo plazo (Investing Long-Term), a book in which he explains the underpinnings of his own investment approach and experience.
Francisco Garcia Parames Investing Philosophy
A boutique fund closely tied to the fund manager, Francisco GarcĂa ParamĂ©s, whose replacement would lead to a change in investment policy.
At least 80% of total exposure will be invested in international equities, at any capitalisation level and in any issuer sector/OECD market. Up to 40% of total exposure may be invested in emerging country issuers/markets.
The non-equities portion will be invested in fixed-income assets, generally euro area sovereign issuers. The average duration of the fixed-income portfolio will be less than 18 months.
At least 80% of total exposure will be invested in international equities, at any capitalisation level and in any issuer sector/OECD market. Up to 40% of total exposure may be invested in emerging country issuers/markets.
The non-equities portion will be invested in fixed-income assets, generally euro area sovereign issuers. The average duration of the fixed-income portfolio will be less than 18 months.
Francisco Garcia Parames Top Holdings of 2024-06-30
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| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLNG | Golar LNG Ltd | 1,826,060 | 57247.000 | -25.12% | 10.400 | -2.62% | 1.750 | +16.78% | +59.35% | 3701.360 | Oil & Gas | |
LSE:ATYM | Atalaya Mining PLC | 8,461,982 | 36725.000 | +23.50% | 6.670 | +1.27% | 6.010 | -7.50% | +11.33% | 584.854 | Metals & Mining | |
LSE:BAB | Babcock International Group PLC | 5,704,446 | 34577.000 | -24.57% | 6.280 | -1.77% | 1.130 | -10.74% | +20.44% | 2391.472 | Construction | |
LSE:CURY | Currys PLC | 38,925,578 | 32544.000 | -0.56% | 5.910 | -0.03% | 3.430 | +10.34% | +63.76% | 974.239 | Retail - Cyclical | |
LTS:0ONR | CIR SpA | 43,285,235 | 25798.000 | -15.76% | 4.680 | -0.82% | 4.240 | -1.21% | +32.56% | 584.913 | Vehicles & Parts | |
OSL:BWO | BW Offshore Ltd | 759,610 | 23358.000 | -90.88% | 4.240 | -3.11% | 0.420 | -5.75% | +32.83% | 4963.369 | Oil & Gas | |
HKSE:00001 | CK Hutchison Holdings Ltd | 580,107 | 21696.000 | -78.43% | 3.940 | -2.10% | 0.020 | +21.54% | +11.80% | 168713.459 | Conglomerates | |
XTER:FRE | Fresenius SE & Co KGaA | 766,033 | 21357.000 | +117.44% | 3.880 | +2.10% | 0.140 | +17.83% | +18.63% | 18823.390 | Healthcare Providers & Services | |
XMAD:TRE | Tecnicas Reunidas SA | 1,610,214 | 20337.000 | -20.83% | 3.690 | -0.73% | 2.060 | -3.83% | +41.44% | 922.117 | Construction | |
OSTO:ACAD | AcadeMedia AB | 4,477,804 | 20103.000 | +36.27% | 3.650 | +0.97% | 4.410 | +30.13% | +31.14% | 6881.137 | Education |
Francisco Garcia Parames's Historical Top Holdings Breakdowns
Francisco Garcia Parames's Top Stock Picks
View Full List
| Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
|---|---|---|---|---|---|---|---|---|---|---|---|
OSL:BWE | BW Energy Ltd | 2024-06-30 | Reduce | -3.22% | 27.2 (kr29.85) 33.6 | kr22.70 | -23.95% | Reduce -91.63% | 594,231 | -6,508,862 | |
OSL:BWO | BW Offshore Ltd | 2024-06-30 | Reduce | -3.11% | 27.2 (kr28.65) 30.85 | kr27.45 | -4.19% | Reduce -90.88% | 759,610 | -7,571,134 | |
XTER:BAYN | Bayer AG | 2024-06-30 | New Buy | +2.63% | 25.62 (€27.54) 29.38 | €29.11 | 5.72% | New holding | 549,773 | 549,773 | |
GLNG | Golar LNG Ltd | 2024-06-30 | Reduce | -2.62% | 24.13 ($26.44) 31.35 | $35.59 | 34.61% | Reduce -25.12% | 1,826,060 | -612,704 | |
XTER:FRE | Fresenius SE & Co KGaA | 2024-06-30 | Add | +2.10% | 24.61 (€27.9) 30.36 | €33.42 | 19.78% | Add 117.44% | 766,033 | 413,735 | |
HKSE:00001 | CK Hutchison Holdings Ltd | 2024-06-30 | Reduce | -2.10% | 35.6 (HK$38.59) 42.45 | HK$44.05 | 14.15% | Reduce -78.43% | 580,107 | -2,109,783 | |
LTS:0QEP | Maire SpA | 2024-06-30 | Sold Out | -2.08% | 6.93 (€7.46) 8.01 | €7.37 | -1.17% | Sold Out | 0 | -2,036,568 | |
MIL:CALT | Caltagirone SpA | 2024-06-30 | New Buy | +2.07% | 4.99 (€5.35) 5.82 | €5.82 | 8.79% | New holding | 1,979,688 | 1,979,688 | |
GPRK | GeoPark Ltd | 2024-06-30 | New Buy | +2.02% | 9.25 ($10.02) 11.21 | $8.06 | -19.56% | New holding | 1,017,078 | 1,017,078 | |
XTER:PAH3 | Porsche Automobil Holding SE | 2024-06-30 | Sold Out | -1.99% | 42.21 (€48.3) 51.54 | €41.38 | -14.33% | Sold Out | 0 | -209,521 |
Francisco Garcia Parames Total Holding History ($B)
Francisco Garcia Parames's Asset Allocation
Francisco Garcia Parames Past Portfolios
| Portfolio Date | Number of Stocks | New Stocks | Total Value ($Mil) | Q/Q Turnover |
|---|---|---|---|---|
Top Ranked Articles
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Francisco Garcia Parames's Hypothetical Growth since 2024-06-30
Francisco Garcia Parames's Yearly Returns
| Year | Portfolio % | % | Excess Gain % |
|---|
Francisco Garcia Parames's Holdings Heat Map
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Francisco Garcia Parames's Holdings Bubble Chart
Francisco Garcia Parames News
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