MMBG Investment Advisors Co.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), MMBG Investment Advisors Co. reported 177 stock positions worth $1.3 billion. Its top holding was Apple (AAPL) at 9.6% of the portfolio, followed by Alphabet Class A (GOOGL, 9.0%) and Amazon.com (AMZN, 7.5%). Compared with Q1 2026, it opened 10 new positions, sold out of 7, added to 45 and reduced 42. The biggest buy was a new position in General Electric (GE) and the biggest sale Betterware DE Mexico Sapi DE (BWMX, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI, FL
- CIK
- 0001765876
- Portfolio Value
- $1.3B (Q2 2026)
- SEC Filing
- 0001765876-26-000005 ↗ filed Aug 10, 2026
Holdings Value
Holdings 177 stocks · $1.3B
| AAPL Apple Inc. | 9.64% | 421,075 | $121.8M | Add +5.9% |
| GOOGL Alphabet Inc. Class A | 9.02% | 318,756 | $113.9M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 7.53% | 399,306 | $95.2M | Add +0.9% |
| MSFT Microsoft Corp. | 5.99% | 202,940 | $75.7M | Add +3.7% |
| BWMX Betterware DE Mexico Sapi DE | 4.65% | 3,263,970 | $58.7M | Reduce -4.8% |
| NVDA Nvidia Corp. | 4.31% | 272,239 | $54.5M | Add +3.0% |
| META Meta Platforms Inc. Class A | 3.99% | 89,563 | $50.4M | Add +5.6% |
| JPM JPMorgan Chase & Co. | 3.91% | 150,943 | $49.4M | Add +4.8% |
| MU Micron Technology Inc. | 2.97% | 32,508 | $37.5M | Reduce -24.2% |
| GS Goldman Sachs Group Inc. | 2.90% | 36,173 | $36.6M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 2.88% | 103,033 | $36.4M | Reduce -8.2% |
| XLV SS Health Care Select Sector | 2.17% | 173,104 | $27.5M | Add +1.5% |
| SMH Vaneck Semiconductor ETF | 1.92% | 36,962 | $24.2M | Reduce -5.9% |
| AVGO Broadcom Inc. | 1.71% | 57,103 | $21.6M | Add +4.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.67% | 43,990 | $21.0M | Reduce -3.4% |
| WMT Walmart Inc. | 1.50% | 167,546 | $19.0M | Add +0.8% |
| V Visa Inc. Class A | 1.38% | 50,852 | $17.4M | Add +12.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.15% | 19,470 | $14.6M | Reduce -9.3% |
| VOO Vanguard S&P 500 ETF | 1.06% | 19,529 | $13.4M | Add +15.7% |
| BAC Bank of America Corp. | 1.03% | 228,673 | $13.0M | Add +4.0% |
| XLF SS Financial Select Sector | 0.96% | 226,025 | $12.1M | Add +3.3% |
| CX Cemex Sab-Spons ADR Part Cer | 0.88% | 929,427 | $11.2M | No change |
| LLY Eli Lilly & Co. | 0.86% | 9,070 | $10.9M | Add +1.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.85% | 14,525 | $10.7M | Reduce -2.0% |
| UBER Uber Technologies Inc. | 0.79% | 139,147 | $10.0M | Add +5.5% |
| ETN Eaton Corp. PLC | 0.79% | 23,277 | $9.9M | Reduce -1.2% |
| GE General Electric filed as GE AEROSPACE | 0.69% | 23,495 | $8.8M | New |
| XLK SS Technology Select Sector | 0.68% | 45,230 | $8.6M | Reduce -4.6% |
| SHOP Shopify Inc. Class A | 0.60% | 66,915 | $7.6M | Reduce -13.9% |
| COST Costco Wholesale Corp. | 0.59% | 8,005 | $7.5M | Reduce -8.0% |
| IBB iShares Biotechnology ETF | 0.57% | 37,637 | $7.2M | Reduce -0.4% |
| TMO Thermo Fisher Scientific Inc. | 0.56% | 14,105 | $7.1M | Reduce -12.4% |
| XLY SS Consumer Disc Select Sect | 0.55% | 58,966 | $6.9M | Add +2.3% |
| VGT Vanguard Info Tech ETF | 0.55% | 57,800 | $6.9M | Reduce -0.3% |
| MELI MercadoLibre Inc. | 0.54% | 4,050 | $6.9M | Add +26.5% |
| GEV GE Vernova Inc. | 0.51% | 5,495 | $6.5M | Add +324.3% |
| CRM Salesforce Inc. | 0.49% | 39,720 | $6.2M | Reduce -35.3% |
| FMX Fomento Economico Mex-SP ADR | 0.44% | 43,038 | $5.5M | Reduce -1.2% |
| RTX RTX Corp. | 0.41% | 27,040 | $5.1M | Reduce -4.0% |
| BABA Alibaba Group Holding-SP ADR | 0.39% | 50,656 | $4.9M | Add +3.3% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.38% | 2,389 | $4.8M | Add +0.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.36% | 55,554 | $4.6M | Add +26.4% |
| UNH Unitedhealth Group Inc. | 0.36% | 10,928 | $4.5M | Reduce -35.2% |
| IAU iShares Gold Trust | 0.36% | 59,820 | $4.5M | New |
| SGOV iShares 0-3 Month Treasury B | 0.34% | 42,825 | $4.3M | Add +95.2% |
| ABBV Abbvie Inc. | 0.34% | 17,115 | $4.3M | No change |
| XLE SS Energy Select Sector | 0.34% | 80,460 | $4.3M | Reduce -4.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.34% | 5,598 | $4.3M | Add +24.8% |
| NFLX Netflix Inc. | 0.34% | 59,627 | $4.3M | Add +0.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.34% | 43,807 | $4.2M | Reduce -10.5% |
| CDRO Codere Online Luxembourg SA | 0.34% | 443,667 | $4.2M | Add +21.1% |
| DHR Danaher Corp. | 0.33% | 21,570 | $4.1M | Reduce -17.3% |
| MCD McDonald's Corp. | 0.31% | 14,424 | $3.9M | Reduce -1.5% |
| XLP SS Consumer Staples Sel Sect | 0.30% | 46,002 | $3.8M | Reduce -9.1% |
| IYW iShares Ustechnology ETF | 0.30% | 14,991 | $3.8M | No change |
| VGK Vanguard Ftse Europe ETF | 0.29% | 40,931 | $3.6M | Reduce -2.1% |
| CRH CRH PLC | 0.28% | 32,500 | $3.5M | New |
| SHV iShares 0-1 Year Treasury Bo | 0.25% | 29,110 | $3.2M | Add +11.8% |
| PANW Palo Alto Networks Inc. | 0.25% | 9,371 | $3.2M | Add +6.9% |
| IEMG iShares Core MSCI Emerging | 0.25% | 38,045 | $3.2M | Reduce -3.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 5,838 | $2.9M | Add +3.7% |
| MRK Merck & Co. Inc. | 0.23% | 22,563 | $2.9M | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.23% | 24,690 | $2.9M | Add +6.6% |
| FCX Freeport-McMoran Inc. | 0.23% | 45,675 | $2.9M | No change |
| SBUX Starbucks Corp. | 0.22% | 27,652 | $2.8M | Reduce -50.5% |
| XLI SS Industrial Select Sector | 0.21% | 14,137 | $2.6M | Reduce -15.9% |
| APO Apollo Global Management Inc. | 0.21% | 22,039 | $2.6M | Reduce -15.3% |
| AZN Astrazeneca PLC | 0.20% | 13,514 | $2.6M | Add +23.1% |
| IYJ iShares U.S. Industrials ETF | 0.19% | 14,330 | $2.4M | No change |
| NOW ServiceNow Inc. | 0.18% | 22,670 | $2.3M | Reduce -0.4% |
| PFF iShares Preferred & Income S | 0.18% | 73,205 | $2.2M | No change |
| ANGX Angel Studios Inc. | 0.17% | 597,543 | $2.2M | No change |
| AMGN Amgen Inc. | 0.17% | 6,044 | $2.2M | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.17% | 27,493 | $2.2M | No change |
| EWJ iShares MSCI Japan ETF | 0.17% | 23,042 | $2.1M | Add +4.7% |
| GLD SPDR Gold Shares | 0.17% | 5,815 | $2.1M | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.17% | 40,637 | $2.1M | Add +1.8% |
| FDX FedEx Corp. | 0.16% | 6,532 | $2.1M | Reduce -20.5% |
| AAXJ iShares MSCI All Country Asi | 0.16% | 16,482 | $2.0M | Add +0.8% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.16% | 13,785 | $2.0M | No change |
| BA The Boeing Co. | 0.15% | 9,005 | $1.9M | Add +9.3% |
| DELL Dell Technologies -C | 0.15% | 4,406 | $1.9M | No change |
| IJH iShares Core S&P Midcap ETF | 0.15% | 24,295 | $1.9M | Reduce -1.1% |
| SPGI S&P Global Inc. | 0.15% | 4,575 | $1.9M | No change |
| IVV iShares Core S&P 500 ETF | 0.15% | 2,474 | $1.9M | No change |
| IYF iShares US Financials ETF | 0.15% | 14,501 | $1.8M | No change |
| IYH iShares U.S. Healthcare ETF | 0.15% | 27,470 | $1.8M | No change |
| SPOT Spotify Technology SA | 0.14% | 3,943 | $1.8M | Reduce -1.0% |
| CIBR First Trust Nasdaq Cybersecu | 0.13% | 18,532 | $1.7M | Add +1.9% |
| ORCL Oracle Corp. | 0.13% | 11,287 | $1.7M | Add +13.5% |
| B Barrick Mining Corp. | 0.13% | 43,200 | $1.6M | No change |
| MA Mastercard Inc. Class A | 0.12% | 3,030 | $1.6M | No change |
| EZU iShares MSCI Eurozone ETF | 0.12% | 21,235 | $1.5M | No change |
| USIG iShares Broad Usd Investment | 0.11% | 27,795 | $1.4M | No change |
| RSP Invesco S&P 500 Equal Weight | 0.11% | 6,266 | $1.3M | No change |
| XLB SS Materials Select Sector | 0.10% | 25,160 | $1.3M | No change |
| GDX Vaneck Gold Miners ETF | 0.10% | 16,815 | $1.3M | No change |
| FEZ State Street SPDR Euro Stoxx | 0.10% | 17,984 | $1.2M | Reduce -13.6% |
| EMB iShares JP Morgan Usd Emergi | 0.09% | 12,348 | $1.2M | Add +9.3% |
| DE Deere & Co. | 0.09% | 1,755 | $1.1M | Reduce -4.9% |
Portfolio Sells Q1 2026 → Q2 2026
| BWMX Betterware DE Mexico Sapi DE | Reduce -4.8% | 4.65% | −0.66 |
| CRM Salesforce Inc. | Reduce -35.3% | 0.49% | −0.56 |
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −0.52 |
| SHOP Shopify Inc. Class A | Reduce -13.9% | 0.60% | −0.24 |
| SBUX Starbucks Corp. | Reduce -50.5% | 0.22% | −0.24 |
| COST Costco Wholesale Corp. | Reduce -8.0% | 0.59% | −0.20 |
| TMO Thermo Fisher Scientific Inc. | Reduce -12.4% | 0.56% | −0.17 |
| XLE SS Energy Select Sector | Reduce -4.5% | 0.34% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.3% | 1.15% | −0.13 |
| DHR Danaher Corp. | Reduce -17.3% | 0.33% | −0.13 |
| MCD McDonald's Corp. | Reduce -1.5% | 0.31% | −0.11 |
| FDX FedEx Corp. | Reduce -20.5% | 0.16% | −0.11 |
| DIS The Walt Disney Co. | Reduce -10.5% | 0.34% | −0.10 |
| RTX RTX Corp. | Reduce -4.0% | 0.41% | −0.09 |
| XLP SS Consumer Staples Sel Sect | Reduce -9.1% | 0.30% | −0.08 |
| GOOG Alphabet Inc. Class C | Reduce -8.2% | 2.88% | −0.08 |
| HEDJ Wisdomtree Europe Hedged Equ | Sold out | 0.00% | −0.06 |
| APO Apollo Global Management Inc. | Reduce -15.3% | 0.21% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -35.2% | 0.36% | −0.06 |
| XLI SS Industrial Select Sector | Reduce -15.9% | 0.21% | −0.04 |
| NOW ServiceNow Inc. | Reduce -0.4% | 0.18% | −0.04 |
| HON Honeywell International Inc. | Reduce -50.0% | 0.03% | −0.04 |
| SPOT Spotify Technology SA | Reduce -1.0% | 0.14% | −0.03 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.03 |
| VGK Vanguard Ftse Europe ETF | Reduce -2.1% | 0.29% | −0.03 |
| IEF iShares 7-10 Year Treasury B | Reduce -17.1% | 0.07% | −0.03 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.03 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.02 |
| NVS Novartis AG-Sponsored ADR | Sold out | 0.00% | −0.02 |
| FEZ State Street SPDR Euro Stoxx | Reduce -13.6% | 0.10% | −0.02 |
| FDXF FedEx Freight Holding Co. | Reduce -26.0% | 0.04% | −0.02 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.02 |
| IBB iShares Biotechnology ETF | Reduce -0.4% | 0.57% | −0.02 |
| FMX Fomento Economico Mex-SP ADR | Reduce -1.2% | 0.44% | −0.01 |
| TSLA Tesla Inc. | Reduce -13.3% | 0.04% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -4.7% | 0.03% | −0.01 |
| DE Deere & Co. | Reduce -4.9% | 0.09% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -16.7% | 0.06% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.1% | 0.15% | −0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -3.4% | 0.25% | −0.00 |
| CDNS Cadence Design SYS Inc. | Reduce -7.7% | 0.08% | +0.01 |
| ETN Eaton Corp. PLC | Reduce -1.2% | 0.79% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.0% | 0.85% | +0.06 |
| VGT Vanguard Info Tech ETF | Reduce -0.3% | 0.55% | +0.08 |
| XLK SS Technology Select Sector | Reduce -4.6% | 0.68% | +0.10 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -3.4% | 1.67% | +0.25 |
| SMH Vaneck Semiconductor ETF | Reduce -5.9% | 1.92% | +0.54 |
| GOOGL Alphabet Inc. Class A | Reduce -0.5% | 9.02% | +0.55 |
| MU Micron Technology Inc. | Reduce -24.2% | 2.97% | +1.64 |
Portfolio Buys Q1 2026 → Q2 2026
| GE General Electric | New | 0.69% | +0.69 |
| GEV GE Vernova Inc. | Add +324.3% | 0.51% | +0.41 |
| AAPL Apple Inc. | Add +5.9% | 9.64% | +0.38 |
| IAU iShares Gold Trust | New | 0.36% | +0.36 |
| CRH CRH PLC | New | 0.28% | +0.28 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +24.8% | 0.34% | +0.18 |
| AVGO Broadcom Inc. | Add +4.7% | 1.71% | +0.16 |
| SGOV iShares 0-3 Month Treasury B | Add +95.2% | 0.34% | +0.14 |
| VOO Vanguard S&P 500 ETF | Add +15.7% | 1.06% | +0.14 |
| PANW Palo Alto Networks Inc. | Add +6.9% | 0.25% | +0.12 |
| V Visa Inc. Class A | Add +12.2% | 1.38% | +0.12 |
| LLY Eli Lilly & Co. | Add +1.4% | 0.86% | +0.11 |
| GS Goldman Sachs Group Inc. | Add +0.2% | 2.90% | +0.09 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.1% | 0.38% | +0.09 |
| NVDA Nvidia Corp. | Add +3.0% | 4.31% | +0.08 |
| TOPT iShares Top 20 US Stocks ETF | New | 0.07% | +0.07 |
| CDRO Codere Online Luxembourg SA | Add +21.1% | 0.34% | +0.05 |
| BAC Bank of America Corp. | Add +4.0% | 1.03% | +0.05 |
| MELI MercadoLibre Inc. | Add +26.5% | 0.54% | +0.04 |
| SHY iShares 1-3 Year Treasury Bo | Add +26.4% | 0.36% | +0.03 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.03% | +0.03 |
| AMD Advanced Micro Devices | New | 0.03% | +0.03 |
| CIBR First Trust Nasdaq Cybersecu | Add +1.9% | 0.13% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +4.8% | 3.91% | +0.02 |
| OPEN Opendoor Technologies Inc. | New | 0.02% | +0.02 |
| EEMA iShares MSCI Emerg MRKT Asia | New | 0.02% | +0.02 |
| IBOC International Bancshares CRP | New | 0.02% | +0.02 |
| MRNA Moderna Inc. | New | 0.02% | +0.02 |
| AAXJ iShares MSCI All Country Asi | Add +0.8% | 0.16% | +0.01 |
| AZN Astrazeneca PLC | Add +23.1% | 0.20% | +0.00 |
| BA The Boeing Co. | Add +9.3% | 0.15% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Add +11.5% | 0.05% | +0.00 |
| FALN iShares Fallen Angels ETF | Add +17.2% | 0.04% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +6.9% | 0.05% | +0.00 |
| EWJ iShares MSCI Japan ETF | Add +4.7% | 0.17% | −0.00 |
| GRAB Grab Holdings Ltd. Class A | Add +3.4% | 0.03% | −0.00 |
| EMB iShares JP Morgan Usd Emergi | Add +9.3% | 0.09% | −0.00 |
| ORCL Oracle Corp. | Add +13.5% | 0.13% | −0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +8.3% | 0.07% | −0.00 |
| XLC SS Comm Select Sector SPDR | Add +9.5% | 0.06% | −0.01 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +0.4% | 0.06% | −0.01 |
| SHV iShares 0-1 Year Treasury Bo | Add +11.8% | 0.25% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.7% | 0.23% | −0.02 |
| IEI iShares 3-7 Year Treasury Bo | Add +6.6% | 0.23% | −0.02 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +1.8% | 0.17% | −0.02 |
| XLY SS Consumer Disc Select Sect | Add +2.3% | 0.55% | −0.03 |
| XLF SS Financial Select Sector | Add +3.3% | 0.96% | −0.03 |
| AMZN Amazon.com Inc. | Add +0.9% | 7.53% | −0.04 |
| UBER Uber Technologies Inc. | Add +5.5% | 0.79% | −0.08 |
| XLV SS Health Care Select Sector | Add +1.5% | 2.17% | −0.12 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 177 | $1.3B | AAPL, GOOGL, AMZN, MSFT, BWMX |
| Q1 2026 | 172 | $1.1B | AAPL, GOOGL, AMZN, MSFT, BWMX |
| Q4 2025 | 177 | $1.2B | AAPL, GOOGL, MSFT, AMZN, BWMX |
| Q3 2025 | 179 | $1.1B | AAPL, MSFT, AMZN, GOOGL, META |
| Q2 2025 | 178 | $1.0B | MSFT, AAPL, AMZN, META, GOOGL |
| Q1 2025 | 168 | $884.7M | AAPL, AMZN, MSFT, GOOGL, BWMX |
| Q4 2024 | 158 | $941.6M | AAPL, AMZN, MSFT, GOOGL, META |
| Q3 2024 | 166 | $958.3M | AAPL, MSFT, AMZN, GOOGL, BWMX |
| Q2 2024 | 152 | $932.9M | AAPL, MSFT, AMZN, BWMX, GOOGL |
| Q1 2024 | 160 | $948.1M | BWMX, MSFT, AAPL, AMZN, META |