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Exploring the Strategic Moves of Azvalor Blue Chips FI (Trades, Portfolio) in Q4 2025

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Azvalor Blue Chips FI (Trades, Portfolio) recently submitted its report for the fourth quarter of 2025, shedding light on its strategic investment decisions during this period. Azvalor Blue Chips FI (Trades, Portfolio) is a fund that primarily invests in international companies, with a focus on those with high market capitalization, specifically a minimum of 3,000 million Euros. The fund adheres to the Value Investment philosophy, aiming to purchase companies at prices below their intrinsic value with a long-term perspective. It predominantly invests in OECD markets but allows for up to 35% exposure in emerging markets. This approach ensures a diversified portfolio with potential for appreciation over the medium to long term.Azvalor Blue Chips FI Exits Barrick Mining Corp, Impacting Portfolio by -8.61%

Summary of New Buy

Azvalor Blue Chips FI (Trades, Portfolio) added a total of three stocks to its portfolio in the fourth quarter of 2025. The most significant addition was Vallourec SA (XPAR:VK), with 56,150 shares, accounting for 2.12% of the portfolio and a total value of 881,000. The second largest addition was SIG PLC (LSE:SHI), consisting of 6,827,826 shares, representing approximately 1.91% of the portfolio, with a total value of 793,000. The third addition was Axia Energia (AXIApC), with 20,495 shares, accounting for 0.36% of the portfolio and a total value of $151,000.

Key Position Increases

Azvalor Blue Chips FI (Trades, Portfolio) also increased its stakes in a total of 11 stocks. The most notable increase was in Transocean Ltd (NYSE:RIG), with an additional 376,402 shares, bringing the total to 877,144 shares. This adjustment represents a significant 75.17% increase in share count, a 3.17% impact on the current portfolio, and a total value of $3,069,000. The second largest increase was in PrairieSky Royalty Ltd (TSX:PSK), with an additional 76,962 shares, bringing the total to 285,462. This adjustment represents a 36.91% increase in share count, with a total value of C$4,781,000.

Summary of Sold Out

Azvalor Blue Chips FI (Trades, Portfolio) completely exited 11 holdings in the fourth quarter of 2025. Notably, the fund sold all 163,737 shares of Barrick Mining Corp (NYSE:B), resulting in an -8.61% impact on the portfolio. Additionally, Azvalor Blue Chips FI (Trades, Portfolio) liquidated all 31,369 shares of Bayer AG (XTER:BAYN), causing a -2.02% impact on the portfolio.

Key Position Reduces

Azvalor Blue Chips FI (Trades, Portfolio) also reduced its position in 10 stocks. The most significant changes include a reduction in Suzano SA (BSP:SUZB3) by 76,059 shares, resulting in a -58.67% decrease in shares and a -1.55% impact on the portfolio. The stock traded at an average price of R$49.02 during the quarter and has returned 2.56% over the past three months and -3.60% year-to-date. Additionally, the fund reduced its position in Noble Corp PLC (NYSE:NE) by 22,585 shares, resulting in a -13.39% reduction in shares and a -1.3% impact on the portfolio. The stock traded at an average price of $29.55 during the quarter and has returned 31.78% over the past three months and 31.80% year-to-date.



Portfolio Overview

As of the fourth quarter of 2025, Azvalor Blue Chips FI (Trades, Portfolio)'s portfolio included 24 stocks. The top holdings were 11.5% in PrairieSky Royalty Ltd (TSX:PSK), 10.75% in SLB Ltd (NYSE:SLB), 8.92% in Canadian Natural Resources Ltd (NYSE:CNQ), 8.41% in Noble Corp PLC (NYSE:NE), and 7.84% in Glencore PLC (LSE:GLEN).

The holdings are mainly concentrated in eight of the 11 industries: Energy, Basic Materials, Financial Services, Real Estate, Industrials, Healthcare, Utilities, and Consumer Defensive.Azvalor Blue Chips FI Exits Barrick Mining Corp, Impacting Portfolio by -8.61%