BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
SEC Form 13F institutional filer · CIK 0000842180
13F-HR · 486 reported holdings · 2026-03-31
Bank.
Reported long-US-equity value
$12.02B
Top-10 concentration
52.9%
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. — $12B AUM allocation strategy
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. files SEC Form 13F and reports $12B of long US equity value across 486 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 20.8%, followed by Communication Services 8.3% and Consumer Discretionary 2.7%.
The top 10 holdings account for 53% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$12B
total across 486 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
53% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SPY +1.08M sh · +$554M+$CCL +332K sh · +$8.13M+$NVDA +306K sh · −$12.6M
Biggest trims (shares)
−$BLK −1.37M sh · −$59.1M−$KVUE −853K sh · −$14.8M−$XLK −665K sh · −$96.5M
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors10.4%—
- Interactive Media & Services7.2%—
- Technology Hardware, Storage & Peripherals4.4%—
- Systems Software4.3%—
- Broadline Retail2.7%—
- Transaction & Payment Processing Services1.6%—
- Movies & Entertainment1.1%—
- Application Software0.9%—
- Other holdings67.2%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 4.84M | $837M | +306K | 7.0% |
| $AAPL | Apple Inc | 2.09M | $529M | -152K | 4.4% |
| $MSFT | Microsoft Corporation | 1.42M | $523M | +224K | 4.4% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 1.27M | $363M | -50.2K | 3.0% |
| $AMZN | Amazon.com Inc | 1.57M | $325M | +241K | 2.7% |
| $AVGO | Broadcom Inc | 1.02M | $315M | +147K | 2.6% |
| $META | Meta Platforms Inc | 548K | $311M | +70.1K | 2.6% |
| $GOOGL | Alphabet Inc | 681K | $195M | -221K | 1.6% |
…and 478 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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