MMBG INVESTMENT ADVISORS CO.

CIK

1765876

Location

MIAMI, FL

Portfolio Value

Small $881,475,230

Diversification

Diversified

Filing Date

Global Rank

#1,634 / 8,232 ▲ 35

Top Industry

Internet Content & Information 16.7%

3Y Alpha vs SPY

+2.1%

Period ended 2 months ago

Filed Apr 30, 2026 · 45d

18 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+85.0%

SPY

+76.3%

Annualised alpha

+2.0%

Max drawdown

−22.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

94 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

11.4%

+0.2 pts

Top 5

46.0%

−0.3 pts

Top 10

67.4%

+0.4 pts

HHI

567

Diversified−4

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	35.1%	$309,303,604	20
Consumer Cyclical	19.2%	$168,835,100	15
Communication Services	17.6%	$155,396,297	7
Financial Services	12.3%	$108,067,077	11
Healthcare	4.4%	$39,169,408	15
Consumer Defensive	4.0%	$34,930,902	5
Unclassified	2.9%	$25,466,307	4
Industrials	2.6%	$23,278,824	11
Basic Materials	1.7%	$15,079,548	3
Energy	0.2%	$1,522,571	2
Real Estate	0.0%	$425,592	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

22 positions

Ticker	Company	Δ Shares	Shares	Value
ANGX	Angel Studios, Inc.	+501,059	597,543	$1,822,506
FCX	Freeport-Mcmoran Inc	+25,810	45,675	$2,684,776
NFLX	Netflix Inc	+14,820	59,230	$5,694,964
AMZN	Amazon Com Inc	+14,387	395,732	$82,419,103
MSFT	Microsoft Corp	+8,442	195,632	$72,417,097
NVDA	Nvidia Corp	+7,933	264,310	$46,095,664
UBER	Uber Technologies, Inc	+7,290	131,857	$9,484,474
AVGO	Broadcom Inc.	+4,057	54,532	$16,878,199
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+3,222	45,545	$15,391,932
DHR	Danaher Corp /De/	+2,325	26,095	$4,947,612
CRWD	CrowdStrike Holdings, Inc.	+2,322	4,485	$1,750,988
META	Meta Platforms, Inc.	+2,310	84,780	$48,505,181
PYPL	PayPal Holdings, Inc.	+2,265	8,602	$389,068
JPM	Jpmorgan Chase & Co	+1,694	144,021	$42,365,217
MELI	Mercadolibre Inc	+1,022	3,202	$5,536,322
AAPL	Apple Inc.	+944	397,484	$100,877,464
GS	Goldman Sachs Group Inc	+890	36,088	$30,530,087
SE	Sea Ltd	+690	2,469	$204,457
BABA	Alibaba Group Holding Ltd	+641	49,056	$6,154,565
LLY	ELI LILLY & Co	+570	8,947	$8,229,182
ORCL	Oracle Corp	+566	9,947	$1,463,303
SPOT	Spotify Technology S.A.	+29	3,983	$1,931,396
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BWMX	Betterware De Mexico, S.A.P.I. De C.V	−647,069	3,429,352	$57,818,874
CX	Cemex Sab De CV	−430,000	929,427	$10,632,644
STWD	Starwood Property Trust, Inc.	−31,010	24,715	$425,592
PFE	Pfizer Inc	−26,567	9,308	$261,368
CRM	Salesforce, Inc.	−12,335	61,381	$11,457,991
NVO	Novo Nordisk A S	−12,185	17,570	$645,697
MU	Micron Technology Inc	−11,613	42,910	$14,496,714
IBIT	iShares Bitcoin Trust ETF	−10,806	11,860	$455,661
BAC	Bank Of America Corp /De/	−8,958	219,808	$10,715,640
NU	Nu Holdings Ltd.	−7,652	33,655	$483,622
NKE	NIKE, Inc.	−7,315	14,702	$776,559
BRK-B	Berkshire Hathaway Inc	−3,841	5,628	$2,696,937
CVS	CVS HEALTH Corp	−2,780	6,975	$500,944
APO	Apollo Global Management, Inc.	−2,200	26,009	$2,897,922
WMT	Walmart Inc.	−1,905	166,151	$20,649,246
GOOGL	Alphabet Inc.	−1,790	320,353	$92,120,708
NOW	ServiceNow, Inc.	−1,720	22,755	$2,379,035
UNH	Unitedhealth Group Inc	−1,488	16,858	$4,561,606
CVX	Chevron Corp	−1,350	3,450	$713,805
SPY	Spdr S&P 500 ETF Trust	−949	21,454	$13,952,394
DE	Deere & Co	−875	1,845	$1,039,288
RTX	RTX Corp	−715	28,170	$5,433,993
INTU	Intuit Inc.	−675	670	$289,694
HON	Honeywell International Inc	−630	3,372	$762,173
KO	Coca Cola Co	−495	2,800	$212,940
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	10,979	$2,165,278
WDC	Western Digital Corp	1,255	$339,464
EMBJ	Embraer S.A.	3,455	$205,019
CMI	Cummins Inc	380	$204,447
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
IAU	Ishares Gold Trust	42,900	$3,482,193
OBDC	Blue Owl Capital Corp	42,558	$528,995
IBOC	International Bancshares Corp	5,667	$376,515
CMCSA	Comcast Corp	10,360	$290,215
LMT	Lockheed Martin Corp	500	$241,835
FISV	Fiserv Inc	3,450	$231,736
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

94 positions · $881,475,230 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 94 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	397,484	+944	$100,877,464	−6.4%	11.44%
GOOGL	Alphabet Inc. Communication Services	Reduced	320,353	-1,790	$92,120,708	−8.6%	10.45%
AMZN	Amazon Com Inc Consumer Cyclical	Added	395,732	+14,387	$82,419,103	−6.4%	9.35%
MSFT	Microsoft Corp Technology	Added	195,632	+8,442	$72,417,097	−20.0%	8.22%
BWMX	Betterware De Mexico, S.A.P.I. De C.V Consumer Cyclical	Reduced	3,429,352	-647,069	$57,818,874	−0.2%	6.56%
META	Meta Platforms, Inc. Communication Services	Added	84,780	+2,310	$48,505,181	−10.9%	5.50%
NVDA	Nvidia Corp Technology	Added	264,310	+7,933	$46,095,664	−3.6%	5.23%
JPM	Jpmorgan Chase & Co Financial Services	Added	144,021	+1,694	$42,365,217	−7.6%	4.81%
GS	Goldman Sachs Group Inc Financial Services	Added	36,088	+890	$30,530,087	−1.3%	3.46%
WMT	Walmart Inc. Consumer Defensive	Reduced	166,151	-1,905	$20,649,246	+10.3%	2.34%
AVGO	Broadcom Inc. Technology	Added	54,532	+4,057	$16,878,199	−3.4%	1.91%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	45,545	+3,222	$15,391,932	+19.7%	1.75%
MU	Micron Technology Inc Technology	Reduced	42,910	-11,613	$14,496,714	−6.8%	1.64%
SPY	Spdr S&P 500 ETF Trust	Reduced	21,454	-949	$13,952,394	−8.7%	1.58%
V	Visa Inc. Financial Services	Reduced	45,317	-324	$13,696,610	−14.4%	1.55%
CRM	Salesforce, Inc. Technology	Reduced	61,381	-12,335	$11,457,991	−41.3%	1.30%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	219,808	-8,958	$10,715,640	−14.8%	1.22%
CX	Cemex Sab De CV Basic Materials	Reduced	929,427	-430,000	$10,632,644	−31.9%	1.21%
UBER	Uber Technologies, Inc Technology	Added	131,857	+7,290	$9,484,474	−6.8%	1.08%
SHOP	Shopify Inc. Technology	Reduced	77,735	-13	$9,220,925	−26.3%	1.05%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	8,699	-9	$8,667,944	+15.4%	0.98%
QQQ	Invesco Qqq Trust, Series 1	Reduced	14,824	-45	$8,556,116	−6.3%	0.97%
ETN	Eaton Corp plc Industrials	Held	23,567	0	$8,429,208	+12.3%	0.96%
LLY	ELI LILLY & Co Healthcare	Added	8,947	+570	$8,229,182	−8.6%	0.93%
TMO	Thermo Fisher Scientific Inc. Healthcare	Held	16,105	0	$7,916,090	−15.2%	0.90%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Added	49,056	+641	$6,154,565	−13.3%	0.70%
NFLX	Netflix Inc Communication Services	Added	59,230	+14,820	$5,694,964	+36.8%	0.65%
MELI	Mercadolibre Inc Consumer Cyclical	Added	3,202	+1,022	$5,536,322	+26.1%	0.63%
RTX	RTX Corp Industrials	Reduced	28,170	-715	$5,433,993	+2.6%	0.62%
SBUX	Starbucks Corp Consumer Cyclical	Held	55,907	0	$5,008,708	+6.4%	0.57%
DHR	Danaher Corp /De/ Healthcare	Added	26,095	+2,325	$4,947,612	−9.1%	0.56%
FMX	Mexican Economic Development Inc Consumer Defensive	Held	43,578	0	$4,839,772	+9.9%	0.55%
DIS	Walt Disney Co Communication Services	Reduced	48,927	-275	$4,715,584	−15.8%	0.53%
UNH	Unitedhealth Group Inc Healthcare	Reduced	16,858	-1,488	$4,561,606	−24.7%	0.52%
MCD	Mcdonalds Corp Consumer Cyclical	Held	14,644	0	$4,551,208	+1.7%	0.52%
ABBV	AbbVie Inc. Healthcare	Reduced	17,115	-27	$3,722,341	−5.0%	0.42%
ASML	Asml Holding NV Technology	Reduced	2,386	-8	$3,151,500	+23.0%	0.36%
CDRO	Codere Online Luxembourg, S.A. Consumer Cyclical	Held	366,325	0	$3,080,793	+4.7%	0.35%
FDX	Fedex Corp Industrials	Held	8,212	0	$2,924,950	+23.3%	0.33%
APO	Apollo Global Management, Inc. Financial Services	Reduced	26,009	-2,200	$2,897,922	−29.0%	0.33%
MRK	Merck & Co., Inc. Healthcare	Held	22,563	0	$2,714,103	+14.3%	0.31%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	5,628	-3,841	$2,696,937	−43.3%	0.31%
FCX	Freeport-Mcmoran Inc Basic Materials	Added	45,675	+25,810	$2,684,776	+166.1%	0.30%
GLD	Spdr Gold Trust	Held	5,815	0	$2,502,136	+8.6%	0.28%
NOW	ServiceNow, Inc. Technology	Reduced	22,755	-1,720	$2,379,035	−36.5%	0.27%
AZN	Astrazeneca PLC Healthcare	NEW	10,979	NEW	$2,165,278	NEW	0.25%
AMGN	Amgen Inc Healthcare	Held	6,044	0	$2,126,581	+7.5%	0.24%
SPGI	S&P Global Inc. Financial Services	Held	4,575	0	$1,945,930	−18.6%	0.22%
SPOT	Spotify Technology S.A. Communication Services	Added	3,983	+29	$1,931,396	−15.9%	0.22%
ANGX	Angel Studios, Inc. Communication Services	Added	597,543	+501,059	$1,822,506	+304.5%	0.21%