MMBG INVESTMENT ADVISORS CO.
Registered adviserFiling Date
Global Rank
#2,156
/ 8,818
▲ 32
Top Industry
Internet Content & Information
19.4%
Period ended 4 months ago
Filed Aug 10, 2026 · 3mo
19 quarters · since Dec 2021
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Registered adviser
Form ADV roster, Oct 1, 2026
Regulatory AUM
$2,983,709,180
Main clients
Individuals and high net worth
(99% of AUM)
Form ADV history
Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Oct 2026 | $2,983,709,180 | Individuals and high net worth (99%) |
| Apr 2025 to Mar 2026 | $2,462,355,150 | Individuals and high net worth (99%) |
| Apr 2024 to Mar 2025 | $1,966,726,158 | Individuals and high net worth (99%) |
| May 2023 to Mar 2024 | $1,722,176,323 | Other (71%) |
| Apr 2023 | $1,722,176,323 | Other (71%) |
| Apr 2022 to Mar 2023 | $2,041,441,088 | Other (73%) |
3 earlier changes not shown.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Concentrated
The top 10 positions are 60.1% of the book (60%+)
Turnover
Low turnover
13.5% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 17.5 quarters (12+)
Closest benchmark: the S&P 500 as of 2026-06-30, active share 56.3%; sector active share 21.6% against the combined 13F book's sector weights.
Over time 19 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
177 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
11.9%
+0.4 pts
Top 5
39.7%
−0.8 pts
Top 10
60.1%
−1.3 pts
HHI
478
Diversified+1
Portfolio Trend
19 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 29.8% | $376,312,142 |
| Unclassified | 17.3% | $219,074,867 |
| Communication Services | 16.9% | $213,850,479 |
| Consumer Cyclical | 14.3% | $180,656,343 |
| Financial Services | 11.1% | $139,825,576 |
| Healthcare | 3.3% | $41,342,900 |
| Industrials | 3.1% | $38,646,087 |
| Consumer Defensive | 2.6% | $32,489,452 |
| Basic Materials | 1.5% | $19,089,860 |
| Energy | 0.1% | $1,373,096 |
| Real Estate | 0.1% | $639,975 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CDRO | Codere Online Luxembourg, S.A. | +77,342 | 443,667 | $4,245,893 | |
| VGT | VANGUARD INFORMATION TECHNOLOGY INDEX FUND | +50,550 | 57,800 | $6,908,256 | |
| AAPL | Apple Inc. | +23,591 | 421,075 | $121,842,262 | |
| SGOV | iShares 0-3 Month Treasury Bond ETF | +20,880 | 42,825 | $4,311,192 | |
| SHY | iShares 1-3 Year Treasury Bond ETF | +11,605 | 55,554 | $4,561,538 | |
| BAC | Bank Of America Corp | +8,865 | 228,673 | $13,029,787 | |
| NVDA | Nvidia Corp | +7,929 | 272,239 | $54,472,301 | |
| MSFT | Microsoft Corp | +7,308 | 202,940 | $75,700,678 | |
| UBER | Uber Technologies, Inc | +7,290 | 139,147 | $10,040,847 | |
| XLF | State Street Corp | +7,257 | 226,025 | $12,117,200 | |
| JPM | Jpmorgan Chase & Co | +6,922 | 150,943 | $49,408,172 | |
| IWF | iShares Russell 1000 Growth ETF | +5,905 | 7,874 | $977,714 | |
| V | Visa Inc. | +5,535 | 50,852 | $17,446,812 | |
| META | Meta Platforms, Inc. | +4,783 | 89,563 | $50,449,942 | |
| GEV | GE Vernova Inc. | +4,200 | 5,495 | $6,455,855 | |
| AMZN | Amazon Com Inc | +3,574 | 399,306 | $95,170,592 | |
| GRAB | Grab Holdings Ltd | +3,135 | 96,485 | $363,748 | |
| SHV | iShares 0-1 Year Treasury Bond ETF | +3,065 | 29,110 | $3,212,288 | |
| FALN | iShares Fallen Angels USD Bond ETF | +2,805 | 19,095 | $520,147 | |
| VOO | VANGUARD 500 INDEX FUND | +2,653 | 19,529 | $13,412,712 | |
| AVGO | Broadcom Inc. | +2,571 | 57,103 | $21,570,658 | |
| AZN | Astrazeneca PLC | +2,535 | 13,514 | $2,562,524 | |
| XLV | State Street(R) Health Care Select Sector SPDR(R) ETF | +2,504 | 173,104 | $27,464,680 | |
| BABA | Alibaba Group Holding Ltd | +1,600 | 50,656 | $4,861,962 | |
| IEI | iShares 3-7 Year Treasury Bond ETF | +1,520 | 24,690 | $2,899,840 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BWMX | Betterware De Mexico, S.A.P.I. De C.V | −165,382 | 3,263,970 | $58,718,820 | |
| SBUX | Starbucks Corp | −28,255 | 27,652 | $2,825,757 | |
| CRM | Salesforce, Inc. | −21,661 | 39,720 | $6,222,535 | |
| SHOP | Shopify Inc. | −10,820 | 66,915 | $7,640,354 | |
| MU | Micron Technology Inc | −10,402 | 32,508 | $37,523,659 | |
| GOOG | Alphabet Inc. | −9,195 | 103,033 | $36,404,649 | |
| UNH | Unitedhealth Group Inc | −5,930 | 10,928 | $4,542,004 | |
| DIS | Walt Disney Co | −5,120 | 43,807 | $4,216,423 | |
| — | −4,600 | 46,002 | $3,821,386 | ||
| DHR | Danaher Corp | −4,525 | 21,570 | $4,108,653 | |
| APO | Apollo Global Management, Inc. | −3,970 | 22,039 | $2,607,434 | |
| XLE | State Street(R) Energy Select Sector SPDR(R) ETF | −3,760 | 80,460 | $4,273,230 | |
| NVO | Novo Nordisk A S | −2,940 | 14,630 | $701,362 | |
| FEZ | State Street(R) SPDR(R) EURO STOXX 50(R) ETF | −2,825 | 17,984 | $1,235,141 | |
| XLI | State Street(R) Industrial Select Sector SPDR(R) ETF | −2,673 | 14,137 | $2,618,596 | |
| SMH | VanEck Semiconductor ETF | −2,301 | 36,962 | $24,243,006 | |
| XLK | State Street(R) Technology Select Sector SPDR(R) ETF | −2,162 | 45,230 | $8,617,219 | |
| TMO | Thermo Fisher Scientific Inc. | −2,000 | 14,105 | $7,071,682 | |
| SPY | Spdr S&P 500 ETF Trust | −1,984 | 19,470 | $14,539,611 | |
| IEF | iShares 7-10 Year Treasury Bond ETF | −1,925 | 9,304 | $879,879 | |
| HON | Honeywell International Inc | −1,686 | 1,686 | $377,495 | |
| FDX | Fedex Corp | −1,680 | 6,532 | $2,045,365 | |
| GOOGL | Alphabet Inc. | −1,597 | 318,756 | $113,913,831 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | −1,555 | 43,990 | $21,008,304 | |
| IEMG | iShares Trust | −1,355 | 38,045 | $3,151,647 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
12 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| GE | General Electric Co | 23,495 | $8,780,786 | |
| IAU | Ishares Gold Trust | 59,820 | $4,517,008 | |
| CRH | Crh Public Ltd Co | 32,500 | $3,477,500 | |
| TOPT | iShares Top 20 U.S. Stocks ETF | 25,000 | $823,000 | |
| FDXF | FedEx Freight Holding Company, Inc. | 3,037 | $458,587 | |
| HONA | Honeywell Aerospace Inc. | 1,686 | $372,740 | |
| QQQM | Invesco Ltd. | 1,145 | $346,900 | |
| AMD | Advanced Micro Devices Inc | 590 | $342,736 | |
| OPEN | Opendoor Technologies Inc. | 50,897 | $235,144 | |
| EEMA | iShares Trust | 1,950 | $228,072 | |
| IBOC | International Bancshares Corp | 2,667 | $202,558 | |
| MRNA | Moderna, Inc. | 2,860 | $200,285 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
7 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| DXJ | WisdomTree Japan Hedged Equity Fund | 35,417 | $5,616,427 | |
| HEDJ | WisdomTree Europe Hedged Equity Fund | 12,990 | $679,377 | |
| WDC | Western Digital Corp | 1,255 | $339,464 | |
| INTU | Intuit Inc. | 670 | $289,694 | |
| PFE | Pfizer Inc | 9,308 | $261,368 | |
| NVS | Novartis AG | 1,492 | $227,903 | |
| KO | Coca Cola Co | 2,800 | $212,940 | |
| No positions match the current search. | ||||
177 tracked positions ·
$1,263,300,777 total
· filing declares
177 positions · $1,263,536,995
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Showing 1–50
of 177 positions by value
· page 1 of 4
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Added | 421,075 | $121,842,262 | 9.64% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 318,756 | $113,913,831 | 9.02% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 399,306 | $95,170,592 | 7.53% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 202,940 | $75,700,678 | 5.99% | |
| BWMX |
Betterware De Mexico, S.A.P.I. De C.V
Consumer Cyclical
|
Reduced | 3,263,970 | $58,718,820 | 4.65% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 272,239 | $54,472,301 | 4.31% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 89,563 | $50,449,942 | 3.99% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 150,943 | $49,408,172 | 3.91% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 32,508 | $37,523,659 | 2.97% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Added | 36,173 | $36,584,287 | 2.90% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 103,033 | $36,404,649 | 2.88% | |
| XLV |
State Street(R) Health Care Select Sector SPDR(R) ETF
|
Added | 173,104 | $27,464,680 | 2.17% | |
| SMH |
VanEck Semiconductor ETF
|
Reduced | 36,962 | $24,243,006 | 1.92% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 57,103 | $21,570,658 | 1.71% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Reduced | 43,990 | $21,008,304 | 1.66% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 167,546 | $18,976,259 | 1.50% | |
| V |
Visa Inc.
Financial Services
|
Added | 50,852 | $17,446,812 | 1.38% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 19,470 | $14,539,611 | 1.15% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Added | 19,529 | $13,412,712 | 1.06% | |
| BAC |
Bank Of America Corp
Financial Services
|
Added | 228,673 | $13,029,787 | 1.03% | |
| XLF |
State Street Corp
Financial Services
|
Added | 226,025 | $12,117,200 | 0.96% | |
| CX |
Cemex Sab De CV
Basic Materials
|
Held | 929,427 | $11,153,124 | 0.88% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 9,070 | $10,878,831 | 0.86% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Reduced | 14,525 | $10,696,210 | 0.85% | |
| UBER |
Uber Technologies, Inc
Technology
|
Added | 139,147 | $10,040,847 | 0.79% | |
| ETN |
Eaton Corp plc
Industrials
|
Reduced | 23,277 | $9,918,795 | 0.79% | |
| GE |
General Electric Co
Industrials
|
NEW | 23,495 | $8,780,786 | 0.70% | |
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
|
Reduced | 45,230 | $8,617,219 | 0.68% | |
| SHOP |
Shopify Inc.
Technology
|
Reduced | 66,915 | $7,640,354 | 0.60% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Reduced | 8,005 | $7,488,437 | 0.59% | |
|
|
Reduced | 37,637 | $7,158,181 | 0.57% | ||
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Reduced | 14,105 | $7,071,682 | 0.56% | |
| XLY |
State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF
|
Added | 58,966 | $6,915,532 | 0.55% | |
| VGT |
VANGUARD INFORMATION TECHNOLOGY INDEX FUND
|
Added | 57,800 | $6,908,256 | 0.55% | |
| MELI |
Mercadolibre Inc
Consumer Cyclical
|
Added | 4,050 | $6,874,429 | 0.54% | |
| GEV |
GE Vernova Inc.
Industrials
|
Added | 5,495 | $6,455,855 | 0.51% | |
| CRM |
Salesforce, Inc.
Technology
|
Reduced | 39,720 | $6,222,535 | 0.49% | |
| FMX |
Mexican Economic Development Inc
Consumer Defensive
|
Reduced | 43,038 | $5,504,560 | 0.44% | |
| RTX |
RTX Corp
Industrials
|
Reduced | 27,040 | $5,130,299 | 0.41% | |
| BABA |
Alibaba Group Holding Ltd
Consumer Cyclical
|
Added | 50,656 | $4,861,962 | 0.38% | |
| ASML |
Asml Holding NV
Technology
|
Added | 2,389 | $4,752,771 | 0.38% | |
| SHY |
iShares 1-3 Year Treasury Bond ETF
|
Added | 55,554 | $4,561,538 | 0.36% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Reduced | 10,928 | $4,542,004 | 0.36% | |
| IAU |
Ishares Gold Trust
|
NEW | 59,820 | $4,517,008 | 0.36% | |
| SGOV |
iShares 0-3 Month Treasury Bond ETF
|
Added | 42,825 | $4,311,192 | 0.34% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Held | 17,115 | $4,306,818 | 0.34% | |
| XLE |
State Street(R) Energy Select Sector SPDR(R) ETF
|
Reduced | 80,460 | $4,273,230 | 0.34% | |
| CRWD |
CrowdStrike Holdings, Inc.
Technology
|
Added | 5,598 | $4,272,057 | 0.34% | |
| NFLX |
Netflix Inc
Communication Services
|
Added | 59,627 | $4,257,367 | 0.34% | |
| CDRO |
Codere Online Luxembourg, S.A.
Consumer Cyclical
|
Added | 443,667 | $4,245,893 | 0.34% |
Showing the top 50 of 177 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.