13F-HR: Banco Bilbao Vizcaya Argentaria, S.A. Discloses $7.9 Billion in Holdings in Latest 13F Filing

Banco Bilbao Vizcaya Argentaria, S.A. reveals its equity holdings totaling approximately $7.9 billion as of June 30, 2024, in its recent 13F filing.

Summary

• Banco Bilbao Vizcaya Argentaria, S.A. filed its Form 13F for the quarter ended June 30, 2024.
• The filing discloses equity holdings with a total value of $7,895,963,740.
• The firm's largest holdings include Microsoft Corp with a value of $481,659,091 and 1,076,951 shares, NVIDIA Corp with a value of $475,426,908 and 3,836,449 shares, and Financial Select Sector SPDR Fund ETP with a value of $315,807,134 and 7,680,129 shares.
• The filing includes holdings information for 662 entries.
• The report includes information for 10 other included managers.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. However, the large portfolio size and diversification suggest a stable and well-managed investment strategy.

Positives

• The filing provides a comprehensive overview of the firm's equity investments.
• The large number of holdings (662) suggests a well-diversified portfolio.

Management Comments

• The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Industry Context

13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing transparency into their investment strategies and holdings.

Comparison to Industry Standards

• The portfolio's concentration in technology stocks like Microsoft and NVIDIA is a common theme among many large investment managers.
• The inclusion of ETFs like 'Financial Select Sector SPDR Fund' and 'iShares Short Treasury Bond ETF' suggests a blend of sector-specific and broad market exposure, a typical strategy for diversification.
• Comparing the holdings and investment style to peers like BlackRock or Vanguard would provide a more detailed benchmark analysis, but that is beyond the scope of this document.

Stakeholder Impact

• Shareholders can use this information to understand the investment strategy of Banco Bilbao Vizcaya Argentaria, S.A.

Key Dates