Banco Bilbao Vizcaya Argentaria, S.A.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Banco Bilbao Vizcaya Argentaria, S.A. reported 726 stock positions worth $14.3 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 19.2% of the portfolio, followed by Nvidia (NVDA, 5.9%) and Apple (AAPL, 3.7%). Compared with Q4 2025, it opened 41 new positions, sold out of 39, added to 266 and reduced 404. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +34%) and the biggest sale an exit from Polestar Automotive HLDG UK.
- Most Recent 13F
- Q2 2026
- Location
- Madrid, U3
- CIK
- 0000842180
- Portfolio Value
- $14.3B (Q1 2026)
- SEC Filing
- 0001193125-26-222858 ↗ filed May 14, 2026
Holdings Value
Holdings 726 stocks · $14.3B
| SPY SS SPDR S&P 500 ETF Trust-US | 19.16% | 4,269,557 | $2.7B | Add +34.0% |
| NVDA Nvidia Corp. | 5.86% | 4,842,216 | $837.1M | Add +6.8% |
| AAPL Apple Inc. | 3.70% | 2,087,181 | $528.8M | Reduce -6.8% |
| MSFT Microsoft Corp. | 3.66% | 1,417,836 | $523.3M | Add +18.7% |
| GOOGL Alphabet Inc. Class A | 2.54% | 1,266,078 | $362.8M | Reduce -3.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.28% | 3,564,358 | $325.1M | Add +30.0% |
| AMZN Amazon.com Inc. | 2.27% | 1,567,542 | $324.9M | Add +18.2% |
| AVGO Broadcom Inc. | 2.21% | 1,020,928 | $315.4M | Add +16.8% |
| META Meta Platforms Inc. Class A | 2.18% | 548,272 | $310.9M | Add +14.7% |
| GLD SPDR Gold Shares | 1.39% | 469,933 | $198.6M | Add +16.3% |
| GOOG Alphabet Inc. Class C | 1.37% | 681,427 | $195.4M | Reduce -24.5% |
| IVV iShares Core S&P 500 ETF | 1.32% | 290,998 | $188.4M | Add +22.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.21% | 2,195,726 | $173.2M | Add +10.9% |
| SHV iShares 0-1 Year Treasury Bo | 1.10% | 1,432,889 | $157.4M | Add +7.6% |
| PSNY Polestar Automotive Class A ADS | 0.94% | 7,755,946 | $134.6M | New |
| NFLX Netflix Inc. | 0.92% | 1,381,520 | $132.1M | Add +27.0% |
| PLTR Palantir Technologies Inc. Class A | 0.76% | 749,328 | $108.9M | Add +28.3% |
| V Visa Inc. Class A | 0.76% | 358,526 | $108.1M | Add +23.0% |
| MU Micron Technology Inc. | 0.74% | 315,209 | $105.4M | Add +69.6% |
| SLV iShares Silver Trust | 0.68% | 1,467,559 | $97.5M | Add +32.9% |
| ACWI iShares MSCI Acwi ETF | 0.65% | 679,655 | $93.2M | Add +1.2% |
| SIVR Abrdn Physical Silver Shares | 0.65% | 1,321,475 | $92.3M | Add +24.7% |
| LLY Eli Lilly & Co. | 0.64% | 100,075 | $91.7M | Add +59.3% |
| EWZ iShares MSCI Brazil ETF | 0.62% | 2,347,600 | $89.0M | Add +5.8% |
| WMT Walmart Inc. | 0.59% | 680,114 | $84.4M | Reduce -5.8% |
| MA Mastercard Inc. Class A | 0.57% | 164,232 | $81.8M | Add +10.5% |
| LRCX Lam Research Corp. | 0.57% | 379,762 | $81.0M | Add +7.7% |
| JPM JPMorgan Chase & Co. | 0.54% | 261,154 | $76.8M | Reduce -3.1% |
| ABBV Abbvie Inc. | 0.51% | 336,329 | $73.1M | Reduce -0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.51% | 754,635 | $72.5M | Reduce -7.8% |
| KLAC KLA Corp. | 0.50% | 48,817 | $71.7M | Add +11.0% |
| CSCO Cisco Systems Inc. | 0.48% | 892,704 | $69.2M | Reduce -4.1% |
| COIN Coinbase Global Inc. Class A | 0.46% | 388,812 | $66.3M | Add +25.9% |
| AMAT Applied Materials Inc. | 0.46% | 193,993 | $66.1M | Add +91.0% |
| AMD Advanced Micro Devices | 0.44% | 309,869 | $62.9M | Reduce -2.1% |
| IEI iShares 3-7 Year Treasury Bo | 0.44% | 529,872 | $62.5M | Add +10.3% |
| WFC Wells Fargo & Co. | 0.43% | 771,091 | $61.3M | Add +4.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.42% | 250,184 | $60.6M | Reduce -2.5% |
| TSLA Tesla Inc. | 0.40% | 156,542 | $57.7M | Reduce -37.9% |
| GLW Corning Inc. | 0.40% | 423,649 | $57.4M | Reduce -6.9% |
| GS Goldman Sachs Group Inc. | 0.39% | 67,035 | $56.4M | Add +31.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.39% | 99,001 | $56.2M | Add +25.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.39% | 115,823 | $55.4M | Reduce -14.5% |
| ORCL Oracle Corp. | 0.38% | 374,824 | $54.7M | Add +20.1% |
| BABA Alibaba Group Holding-SP ADR | 0.36% | 418,303 | $51.9M | Add +11.3% |
| GILD Gilead Sciences Inc. | 0.36% | 368,566 | $51.3M | Reduce -35.7% |
| MELI MercadoLibre Inc. | 0.36% | 30,008 | $50.9M | Add +40.4% |
| ADI Analog Devices Inc. | 0.35% | 156,400 | $49.7M | Add +102.9% |
| MRK Merck & Co. Inc. | 0.34% | 407,269 | $49.0M | Reduce -13.4% |
| INTC Intel Corp. | 0.34% | 1,109,125 | $48.2M | Reduce -20.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 966,251 | $46.9M | Add +5.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.32% | 1,259,409 | $45.1M | Add +264.4% |
| ANET Arista Networks Inc. | 0.31% | 359,430 | $44.1M | Add +20.6% |
| C Citigroup Inc. | 0.31% | 387,092 | $43.7M | Add +108.7% |
| BKNG Booking Holdings Inc. | 0.28% | 9,591 | $40.3M | Add +6.0% |
| NEE Nextera Energy Inc. | 0.27% | 423,542 | $39.2M | Reduce -13.4% |
| T AT&T Inc. | 0.27% | 1,351,420 | $39.2M | Add +7.2% |
| SOXX iShares Semiconductor ETF | 0.27% | 121,364 | $38.6M | Add +103.2% |
| INTU Intuit Inc. | 0.26% | 87,643 | $37.8M | Add +23.8% |
| CRM Salesforce Inc. | 0.25% | 193,067 | $35.9M | Add +5.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 222,695 | $35.5M | Reduce -2.1% |
| QCOM Qualcomm Inc. | 0.25% | 272,699 | $35.1M | Reduce -6.6% |
| VZ Verizon Communications Inc. | 0.25% | 699,340 | $35.1M | Reduce -1.6% |
| AGG iShares Core U.S. Aggregate | 0.25% | 355,184 | $35.1M | Add +232.9% |
| COST Costco Wholesale Corp. | 0.24% | 35,006 | $34.8M | Add +16.0% |
| BBUS JPMorgan Betabuilders US Equ | 0.24% | 292,172 | $34.0M | Add +5.4% |
| AMGN Amgen Inc. | 0.23% | 95,216 | $33.5M | Reduce -41.6% |
| VT Vanguard Tot World STK ETF | 0.23% | 242,000 | $33.5M | Reduce -34.8% |
| CEG Constellation Energy | 0.23% | 120,799 | $33.4M | Add +191.8% |
| PFE Pfizer Inc. | 0.23% | 1,177,115 | $33.0M | Reduce -2.2% |
| BMY Bristol-Myers Squibb Co. | 0.23% | 543,291 | $32.9M | Reduce -15.3% |
| VCEB Vanguard ESG US Corp. Bond | 0.23% | 519,584 | $32.5M | Add +16.0% |
| SCHW Schwab (charles) Corp. | 0.23% | 343,069 | $32.2M | Reduce -4.3% |
| APP AppLovin Corp. Class A | 0.22% | 80,704 | $32.0M | Add +1.6% |
| ADBE Adobe Inc. | 0.22% | 128,601 | $31.2M | Reduce -12.5% |
| NEM Newmont Corp. | 0.22% | 285,740 | $30.9M | Add +2.4% |
| VGK Vanguard Ftse Europe ETF | 0.22% | 380,827 | $30.8M | Add +9.6% |
| AXP American Express Co. | 0.22% | 102,098 | $30.7M | Add +16.1% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.21% | 577,466 | $29.6M | Reduce -17.6% |
| UBER Uber Technologies Inc. | 0.20% | 409,665 | $29.2M | Add +23.7% |
| NOW ServiceNow Inc. | 0.20% | 275,788 | $28.8M | Reduce -0.2% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 58,459 | $28.7M | Add +70.0% |
| TXN Texas Instruments Inc. | 0.20% | 147,885 | $28.7M | Add +34.6% |
| TLT iShares 20+ Year Treasury BD | 0.20% | 330,442 | $28.5M | Add +6.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.19% | 332,168 | $27.3M | Add +785.6% |
| MS Morgan Stanley | 0.19% | 163,304 | $26.7M | Reduce -44.4% |
| APH Amphenol Corp. Class A | 0.19% | 209,769 | $26.4M | Add +24.1% |
| WBD Warner Bros Discovery Inc. | 0.18% | 954,861 | $26.2M | Reduce -1.7% |
| XOM Exxon Mobil Corp. | 0.18% | 152,652 | $26.0M | Reduce -0.1% |
| TGT Target Corp. | 0.18% | 213,066 | $25.7M | Reduce -7.5% |
| EMB iShares JP Morgan Usd Emergi | 0.18% | 274,505 | $25.6M | Reduce -0.3% |
| MCD McDonald's Corp. | 0.18% | 81,687 | $25.3M | Reduce -0.4% |
| EWY iShares MSCI South Korea ETF | 0.18% | 212,878 | $25.3M | Reduce -59.0% |
| VLO Valero Energy Corp. | 0.18% | 101,857 | $25.2M | Add +5.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.18% | 64,434 | $25.1M | Add +24.6% |
| TTWO Take-Two Interactive Softwre | 0.18% | 127,283 | $25.0M | Add +37.5% |
| WDC Western Digital Corp. | 0.17% | 88,462 | $23.8M | Add +9.0% |
| BKR Baker Hughes Co. | 0.17% | 387,921 | $23.6M | Reduce -23.1% |
| MCK McKesson Corp. | 0.16% | 27,245 | $23.6M | Reduce -3.9% |
| FCX Freeport-McMoran Inc. | 0.16% | 404,193 | $23.5M | Add +48.9% |
Portfolio Sells Q4 2025 → Q1 2026
| POLESTAR AUTOMOTIVE HLDG UK | Sold out | 0.00% | −1.12 |
| IWM iShares Russell 2000 ETF | Reduce -83.4% | 0.15% | −0.74 |
| XLK SS Technology Select Sector | Reduce -93.4% | 0.04% | −0.67 |
| EWP iShares MSCI Spain ETF | Reduce -87.0% | 0.09% | −0.61 |
| GOOG Alphabet Inc. Class C | Reduce -24.5% | 1.37% | −0.61 |
| AAPL Apple Inc. | Reduce -6.8% | 3.70% | −0.54 |
| XLC SS Comm Select Sector SPDR | Reduce -92.4% | 0.04% | −0.54 |
| TSLA Tesla Inc. | Reduce -37.9% | 0.40% | −0.39 |
| GOOGL Alphabet Inc. Class A | Reduce -3.8% | 2.54% | −0.33 |
| RSP Invesco S&P 500 Equal Weight | Reduce -73.6% | 0.09% | −0.24 |
| COF Capital One Financial Corp. | Reduce -50.5% | 0.12% | −0.20 |
| MS Morgan Stanley | Reduce -44.4% | 0.19% | −0.18 |
| EWY iShares MSCI South Korea ETF | Reduce -59.0% | 0.18% | −0.18 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -56.5% | 0.13% | −0.17 |
| VTIP Vanguard Short-Term Tips | Reduce -91.8% | 0.02% | −0.17 |
| NBIX Neurocrine Biosciences Inc. | Reduce -99.0% | 0.00% | −0.15 |
| DIS The Walt Disney Co. | Reduce -7.8% | 0.51% | −0.14 |
| ADBE Adobe Inc. | Reduce -12.5% | 0.22% | −0.14 |
| CCI Crown Castle Inc. | Reduce -94.6% | 0.01% | −0.14 |
| AMGN Amgen Inc. | Reduce -41.6% | 0.23% | −0.14 |
| GILD Gilead Sciences Inc. | Reduce -35.7% | 0.36% | −0.13 |
| VT Vanguard Tot World STK ETF | Reduce -34.8% | 0.23% | −0.13 |
| BIIB Biogen Inc. | Reduce -71.1% | 0.05% | −0.13 |
| TMUS T-Mobile US Inc. | Reduce -80.7% | 0.03% | −0.13 |
| REGN Regeneron Pharmaceuticals | Reduce -55.2% | 0.09% | −0.11 |
| IBM Intl Business Machines Corp. | Reduce -2.5% | 0.42% | −0.11 |
| KVUE Kenvue Inc. | Reduce -94.0% | 0.01% | −0.10 |
| QCOM Qualcomm Inc. | Reduce -6.6% | 0.25% | −0.10 |
| ABT Abbott Laboratories | Reduce -62.6% | 0.04% | −0.10 |
| NOW ServiceNow Inc. | Reduce -0.2% | 0.20% | −0.09 |
| EW Edwards Lifesciences Corp. | Reduce -62.2% | 0.05% | −0.09 |
| LEN Lennar Corp. Class A | Reduce -93.1% | 0.01% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -14.5% | 0.39% | −0.09 |
| WDAY Workday Inc. Class A | Reduce -50.7% | 0.03% | −0.08 |
| STZ Constellation Brands Inc. Class A | Reduce -66.0% | 0.05% | −0.08 |
| KMB Kimberly-Clark Corp. | Reduce -54.0% | 0.06% | −0.08 |
| SYK Stryker Corp. | Reduce -37.7% | 0.10% | −0.07 |
| GMED Globus Medical Inc. Class A | Sold out | 0.00% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -3.1% | 0.54% | −0.07 |
| SPG Simon Property Group Inc. | Reduce -83.7% | 0.01% | −0.06 |
| PSA Public Storage | Reduce -87.3% | 0.01% | −0.06 |
| ALNY Alnylam Pharmaceuticals Inc. | Sold out | 0.00% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -11.4% | 0.16% | −0.06 |
| NKE Nike Inc. Class B | Reduce -38.1% | 0.06% | −0.06 |
| BX Blackstone Inc. | Reduce -27.5% | 0.06% | −0.05 |
| BA The Boeing Co. | Reduce -58.0% | 0.03% | −0.05 |
| SBUX Starbucks Corp. | Reduce -60.9% | 0.03% | −0.05 |
| NET Cloudflare Inc. Class A | Reduce -49.9% | 0.05% | −0.05 |
| TEAM Atlassian Corp. Class A | Reduce -88.2% | 0.00% | −0.04 |
| ADSK Autodesk Inc. | Reduce -8.1% | 0.13% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | Add +34.0% | 19.16% | +3.95 |
| PSNY Polestar Automotive Class A ADS | New | 0.94% | +0.94 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +30.0% | 2.28% | +0.53 |
| MU Micron Technology Inc. | Add +69.6% | 0.74% | +0.37 |
| AMAT Applied Materials Inc. | Add +91.0% | 0.46% | +0.28 |
| GLD SPDR Gold Shares | Add +16.3% | 1.39% | +0.27 |
| NFLX Netflix Inc. | Add +27.0% | 0.92% | +0.21 |
| ADI Analog Devices Inc. | Add +102.9% | 0.35% | +0.20 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +264.4% | 0.32% | +0.19 |
| IVV iShares Core S&P 500 ETF | Add +22.6% | 1.32% | +0.18 |
| SLV iShares Silver Trust | Add +32.9% | 0.68% | +0.18 |
| AGG iShares Core U.S. Aggregate | Add +232.9% | 0.25% | +0.17 |
| LLY Eli Lilly & Co. | Add +59.3% | 0.64% | +0.17 |
| SHY iShares 1-3 Year Treasury Bo | Add +785.6% | 0.19% | +0.17 |
| C Citigroup Inc. | Add +108.7% | 0.31% | +0.15 |
| LRCX Lam Research Corp. | Add +7.7% | 0.57% | +0.15 |
| SOXX iShares Semiconductor ETF | Add +103.2% | 0.27% | +0.14 |
| AMZN Amazon.com Inc. | Add +18.2% | 2.27% | +0.14 |
| SIVR Abrdn Physical Silver Shares | Add +24.7% | 0.65% | +0.14 |
| GSK GSK PLC-Spon ADR | Add +7199.8% | 0.14% | +0.13 |
| EWZ iShares MSCI Brazil ETF | Add +5.8% | 0.62% | +0.13 |
| CEG Constellation Energy | Add +191.8% | 0.23% | +0.13 |
| RIO Rio Tinto PLC-Spon ADR | Add +1251.8% | 0.14% | +0.13 |
| KLAC KLA Corp. | Add +11.0% | 0.50% | +0.13 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +10.9% | 1.21% | +0.11 |
| MPWR Monolithic Power Systems Inc. | Add +662.9% | 0.11% | +0.10 |
| USB US Bancorp | Add +176.6% | 0.16% | +0.10 |
| AVGO Broadcom Inc. | Add +16.8% | 2.21% | +0.10 |
| GS Goldman Sachs Group Inc. | Add +31.3% | 0.39% | +0.08 |
| SHV iShares 0-1 Year Treasury Bo | Add +7.6% | 1.10% | +0.08 |
| CIEN Ciena Corp. | New | 0.07% | +0.07 |
| INDA iShares MSCI India ETF | Add +392.9% | 0.09% | +0.07 |
| EWT iShares MSCI Taiwan ETF | Add +329.9% | 0.09% | +0.07 |
| WDC Western Digital Corp. | Add +9.0% | 0.17% | +0.07 |
| CUK Carnival PLC-ADR | New | 0.07% | +0.07 |
| FCX Freeport-McMoran Inc. | Add +48.9% | 0.16% | +0.07 |
| TXN Texas Instruments Inc. | Add +34.6% | 0.20% | +0.07 |
| GDX Vaneck Gold Miners ETF | New | 0.07% | +0.07 |
| VLO Valero Energy Corp. | Add +5.0% | 0.18% | +0.07 |
| BP BP PLC-Spons ADR | New | 0.06% | +0.06 |
| TBBB BBB Foods Inc. Class A | New | 0.06% | +0.06 |
| COST Costco Wholesale Corp. | Add +16.0% | 0.24% | +0.06 |
| TMO Thermo Fisher Scientific Inc. | Add +70.0% | 0.20% | +0.06 |
| EWW iShares MSCI Mexico ETF | Add +225.7% | 0.09% | +0.06 |
| TOL Toll Brothers Inc. | Add +3036.2% | 0.06% | +0.06 |
| DHR Danaher Corp. | Add +88.6% | 0.16% | +0.06 |
| XBI SS SPDR S&P Biotech ETF | Add +155.8% | 0.09% | +0.06 |
| SNDK Sandisk Corp. | Add +65.4% | 0.07% | +0.06 |
| T AT&T Inc. | Add +7.2% | 0.27% | +0.06 |
| MELI MercadoLibre Inc. | Add +40.4% | 0.36% | +0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 733 | $16.1B | SPY, NVDA, AAPL, MSFT, IVV |
| Q1 2026 | 726 | $14.3B | SPY, NVDA, AAPL, MSFT, GOOGL |
| Q4 2025 | 724 | $14.4B | SPY, NVDA, AAPL, MSFT, GOOGL |
| Q3 2025 | 727 | $13.1B | SPY, AAPL, NVDA, MSFT, GOOGL |
| Q2 2025 | 691 | $11.0B | SPY, MSFT, NVDA, AAPL, META |
| Q1 2025 | 719 | $9.9B | SPY, MSFT, AAPL, NVDA, AMZN |
| Q4 2024 | 690 | $9.5B | NVDA, MSFT, AAPL, SPY, AMZN |
| Q3 2024 | 706 | $10.0B | MSFT, Apple Inc, NVDA, Amazon.com Inc, SPY |
| Q2 2024Amended | 728 | $9.5B | AAPL, MSFT, NVDA, AMZN, XLF |
| Q1 2024Amended | 759 | $8.7B | MSFT, AAPL, NVDA, AMZN, GOOGL |