Q4 2025 · 13F-HR
MMBG INVESTMENT ADVISORS CO.holdings as filed
Filed 2026-02-09 · accession 0001765876-26-000002
$1.19B
Reported value
177
Positions
2025-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 037833100 | AAPL | APPLE INC | $107.8M | 9.08% | 396,540 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $100.8M | 8.49% | 322,143 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $90.5M | 7.62% | 187,190 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $88.0M | 7.41% | 381,345 | Common | SOLE |
| P1666E105 | BWMX | BETTERWARE DE MXC S A B DE C | $57.9M | 4.88% | 4,076,421 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $54.4M | 4.58% | 82,470 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $47.8M | 4.03% | 256,377 | Common | SOLE |
| 46625H100 | JPM | JP MORGAN CHASE & CO | $45.9M | 3.86% | 142,327 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $35.4M | 2.98% | 112,763 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $30.9M | 2.60% | 35,198 | Common | SOLE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $26.5M | 2.23% | 171,009 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE COM INC | $19.6M | 1.65% | 73,716 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $18.8M | 1.58% | 168,056 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $17.5M | 1.47% | 50,475 | Common | SOLE |
| 92826C839 | V | VISA INC | $16.0M | 1.35% | 45,641 | Common | SOLE |
| 151290889 | CX | CEMEX SAB DE CV | $15.6M | 1.32% | 1,359,427 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $15.6M | 1.31% | 54,523 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $15.3M | 1.29% | 22,403 | Common | SOLE |
| 92189F676 | SMH | VANECK ETF TRUST | $14.5M | 1.22% | 40,148 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $12.9M | 1.09% | 42,323 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $12.6M | 1.06% | 228,766 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $12.5M | 1.05% | 77,748 | Common | SOLE |
| 88032Q109 | TCEHY | TENCENT MUSIC ENTMT GROUP | $12.4M | 1.05% | 162,625 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $10.5M | 0.88% | 16,728 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $10.2M | 0.86% | 124,567 | Common | SOLE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $10.1M | 0.85% | 184,443 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $9.3M | 0.79% | 16,105 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $9.1M | 0.77% | 14,869 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $9.0M | 0.76% | 8,377 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $7.5M | 0.63% | 8,708 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $7.5M | 0.63% | 23,567 | Common | SOLE |
| 464288679 | SHV | ISHARES TR | $7.4M | 0.63% | 67,560 | Common | SOLE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $7.1M | 0.60% | 49,552 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $7.1M | 0.60% | 48,415 | Common | SOLE |
| 81369Y407 | XLY | SELECT SECTOR SPDR TR | $6.9M | 0.58% | 57,626 | Common | SOLE |
| 464287556 | IBB | ISHARES TR | $6.4M | 0.54% | 38,107 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $6.1M | 0.51% | 18,346 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $5.6M | 0.48% | 49,202 | Common | SOLE |
| 92204A702 | VGT | VANGUARD WORLD FDS | $5.5M | 0.46% | 7,320 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $5.4M | 0.46% | 23,770 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $5.3M | 0.45% | 28,885 | Common | SOLE |
| 97717W851 | DXJ | WISDOMTREE TR | $5.1M | 0.43% | 35,417 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $4.8M | 0.40% | 9,469 | Common | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $4.7M | 0.40% | 55,907 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $4.5M | 0.38% | 14,644 | Common | SOLE |
| 344419106 | FMX | FOMENTO ECONOMICO MEXICANO S | $4.4M | 0.37% | 43,578 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $4.4M | 0.37% | 2,180 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $4.2M | 0.35% | 44,410 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $4.1M | 0.34% | 28,209 | Common | SOLE |
| 922042874 | VGK | VANGUARD INTL EQUITY INDEX | $3.9M | 0.33% | 47,196 | Common | SOLE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $3.9M | 0.33% | 50,602 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $3.9M | 0.33% | 17,142 | Common | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $3.8M | 0.32% | 84,220 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $3.7M | 0.32% | 24,475 | Common | SOLE |
| 464287457 | SHY | ISHARES TR | $3.6M | 0.30% | 43,184 | Common | SOLE |
| 464285204 | IAU | ISHARES GOLD TR | $3.5M | 0.29% | 42,900 | Common | SOLE |
| 464287721 | IYW | ISHARES TR | $3.0M | 0.26% | 15,206 | Common | SOLE |
| L18268109 | CDRO | CODERE ONLINE LUXEMBOURG S A | $2.9M | 0.25% | 366,325 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA PLC | $2.6M | 0.22% | 28,379 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $2.6M | 0.22% | 2,394 | Common | SOLE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $2.5M | 0.21% | 15,885 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $2.4M | 0.20% | 22,563 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $2.4M | 0.20% | 4,575 | Common | SOLE |
| 31428X106 | FDX | FEDEX CORP | $2.4M | 0.20% | 8,212 | Common | SOLE |
| 464287754 | IYJ | ISHARES TR | $2.3M | 0.19% | 15,600 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $2.3M | 0.19% | 5,815 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $2.3M | 0.19% | 3,954 | Common | SOLE |
| 464288687 | PFF | ISHARES TR | $2.3M | 0.19% | 73,205 | Common | SOLE |
| 464288661 | IEI | ISHARES TR | $2.3M | 0.19% | 18,860 | Common | SOLE |
| 92206C409 | VCSH | VAGUARD SCOTTSDALE FDS | $2.2M | 0.18% | 27,493 | Common | SOLE |
| 46434G103 | IEMG | ISHARES INC | $2.1M | 0.18% | 31,550 | Common | SOLE |
| 464288646 | IGSB | ISHARES TR | $2.1M | 0.18% | 39,562 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $2.0M | 0.17% | 6,044 | Common | SOLE |
| 464287200 | IVV | ISHARES TR | $1.9M | 0.16% | 2,774 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $1.9M | 0.16% | 43,454 | Common | SOLE |
| 464287788 | IYF | ISHARES TR | $1.9M | 0.16% | 14,501 | Common | SOLE |
| 464287762 | IYH | ISHARES TR | $1.8M | 0.15% | 28,270 | Common | SOLE |
| 68389X105 | ORCL | ORACLE | $1.8M | 0.15% | 9,381 | Common | SOLE |
| 097023105 | BA | BOEING CO | $1.8M | 0.15% | 8,235 | Common | SOLE |
| 464288570 | DSI | ISHARES TR | $1.8M | 0.15% | 13,785 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $1.7M | 0.15% | 3,030 | Common | SOLE |
| 46434G822 | EWJ | ISHARES INC | $1.6M | 0.14% | 20,402 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $1.6M | 0.14% | 8,888 | Common | SOLE |
| 464287507 | IJH | ISHARES TR | $1.6M | 0.14% | 24,570 | Common | SOLE |
| 464288182 | AAXJ | ISHARES TR | $1.5M | 0.13% | 16,360 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S | $1.5M | 0.13% | 29,755 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $1.4M | 0.12% | 16,815 | Common | SOLE |
| 464288620 | USIG | ISHARES TR | $1.4M | 0.12% | 27,795 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $1.4M | 0.12% | 22,017 | Common | SOLE |
| 464286608 | EZU | ISHARES INC | $1.4M | 0.11% | 21,235 | Common | SOLE |
| 78463X202 | FEZ | SPDR INDEX SHS FDS | $1.3M | 0.11% | 20,809 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $1.3M | 0.11% | 2,720 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $1.1M | 0.09% | 22,666 | Common | SOLE |
| 85571B105 | STWD | STARWOOD PPTY TR INC | $1.0M | 0.09% | 55,725 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $1.0M | 0.09% | 2,965 | Common | SOLE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $1.0M | 0.09% | 2,163 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $1.0M | 0.08% | 19,865 | Common | SOLE |
| 92206C102 | VGSH | VANGUARD SCOTTSDALE FDS | $975,799 | 0.08% | 16,615 | Common | SOLE |
| 94106L109 | WM | WASTE MGMT INC DEL | $935,965 | 0.08% | 4,260 | Common | SOLE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $934,614 | 0.08% | 2,990 | Common | SOLE |
| 464287614 | IWF | ISHARES TR | $931,720 | 0.08% | 1,969 | Common | SOLE |
| 517834107 | LVS | LAS VEGAS SANDS CORP | $924,278 | 0.08% | 14,200 | Common | SOLE |
| 464288281 | EMB | ISHARES TR | $908,209 | 0.08% | 9,433 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $893,295 | 0.08% | 35,875 | Common | SOLE |
| 461202103 | INTU | INTUIT | $890,955 | 0.08% | 1,345 | Common | SOLE |
| 46434V407 | SHYG | ISHARES TR | $887,023 | 0.07% | 20,691 | Common | SOLE |
| 464288802 | SUSA | ISHARES TR | $886,931 | 0.07% | 6,365 | Common | SOLE |
| 92206C706 | VGIT | VANGUARD SCOTTSDALE FDS | $886,544 | 0.07% | 14,793 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $884,049 | 0.07% | 4,615 | Common | SOLE |
| 46434V100 | SLQD | ISHARES TR | $860,075 | 0.07% | 16,964 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $846,373 | 0.07% | 1,295 | Common | SOLE |
| 464287192 | IYT | ISHARES TR | $840,473 | 0.07% | 11,280 | Common | SOLE |
| 78464A474 | SPSB | SPDR SER TR | $837,295 | 0.07% | 27,725 | Common | SOLE |
| 464287440 | IEF | ISHARES TR | $800,917 | 0.07% | 8,329 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $780,750 | 0.07% | 4,002 | Common | SOLE |
| 126650100 | CVS | CVS HEALTH CORP | $774,157 | 0.07% | 9,755 | Common | SOLE |
| 229899109 | CFR | CULEN FROST BANKERS INC | $768,644 | 0.06% | 6,070 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $746,085 | 0.06% | 1,659 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP NEW | $731,568 | 0.06% | 4,800 | Common | SOLE |
| 33733E302 | FDN | FIRST TR EXCHANGE-TRADED FD | $724,363 | 0.06% | 2,691 | Common | SOLE |
| 81369Y852 | XLC | SELECT SECTOR SPDR TR | $723,978 | 0.06% | 6,150 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $691,479 | 0.06% | 41,307 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER L P | $691,013 | 0.06% | 41,905 | Common | SOLE |
| 97717X701 | HEDJ | WISDOMTREE TR | $689,249 | 0.06% | 12,990 | Common | SOLE |
| 464288810 | IHI | ISHARES TR | $648,535 | 0.05% | 10,435 | Common | SOLE |
| 33734X846 | CIBR | FIRST TR EXCHANGE TRADED FD | $643,193 | 0.05% | 9,002 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $628,045 | 0.05% | 3,005 | Common | SOLE |
| 464287242 | LQD | ISHARES TR | $599,764 | 0.05% | 5,443 | Common | SOLE |
| 917047102 | URBN | URBAN OUTFITTERS INC | $588,157 | 0.05% | 7,815 | Common | SOLE |
| 78468R663 | BIL | SPDR SER TR | $579,623 | 0.05% | 6,343 | Common | SOLE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $554,627 | 0.05% | 4,406 | Common | SOLE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $549,750 | 0.05% | 10,226 | Common | SOLE |
| 69121K104 | OBDC | BLUE OWL CAPITAL CORPORATION | $544,742 | 0.05% | 42,558 | Common | SOLE |
| 46435U853 | USHY | ISHARES TR | $539,984 | 0.05% | 14,440 | Common | SOLE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $539,635 | 0.05% | 3,760 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $538,484 | 0.05% | 2,602 | Common | SOLE |
| 12541W209 | CHRW | C H ROBINSON WORLDWIDE INC | $516,448 | 0.04% | 3,200 | Common | SOLE |
| 21036P108 | STZ | CONSTELLATION BRANDS INC | $515,970 | 0.04% | 3,740 | Common | SOLE |
| 464287432 | TLT | ISHARES TR | $491,931 | 0.04% | 5,644 | Common | SOLE |
| G4124C109 | GRAB | GRAB HOLDINGS LIMITED | $465,817 | 0.04% | 93,350 | Common | SOLE |
| 833445109 | SNOW | SNOWFLAKE INC | $461,533 | 0.04% | 2,104 | Common | SOLE |
| 034948109 | ANGX | ANGEL STUDIOS INC | $450,580 | 0.04% | 96,484 | Common | SOLE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $435,570 | 0.04% | 2,096 | Common | SOLE |
| 464287663 | IUSV | ISHARES TR | $401,869 | 0.03% | 3,919 | Common | SOLE |
| 336917109 | FDL | FIRST TR EXCHANGE-TRADED FD | $399,060 | 0.03% | 9,000 | Common | SOLE |
| 464287234 | EEM | ISHARES TR | $398,015 | 0.03% | 7,275 | Common | SOLE |
| H5919C104 | ONON | ON HLDG AG | $388,108 | 0.03% | 8,350 | Common | SOLE |
| 464287861 | IEV | ISHARES TR | $384,160 | 0.03% | 5,600 | Common | SOLE |
| 46431W648 | IETC | ISHARES U S ETF TR | $383,627 | 0.03% | 3,774 | Common | SOLE |
| 464287325 | IXJ | ISHARES TR | $379,860 | 0.03% | 3,900 | Common | SOLE |
| 464287465 | EFA | ISHARES TR | $379,319 | 0.03% | 3,950 | Common | SOLE |
| 459044103 | IBOC | INTERNATIONAL BANCSHARES COR | $376,515 | 0.03% | 5,667 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $369,954 | 0.03% | 6,337 | Common | SOLE |
| 46435G474 | FALN | ISHARES TR | $369,642 | 0.03% | 13,540 | Common | SOLE |
| 37954Y715 | BOTZ | GLOBAL X FDS | $363,880 | 0.03% | 10,000 | Common | SOLE |
| 72201R833 | MINT | PIMCO ETF TR | $357,989 | 0.03% | 3,555 | Common | SOLE |
| 464288653 | TLH | ISHARES TR | $354,625 | 0.03% | 3,488 | Common | SOLE |
| 464288588 | MBB | ISHARES TR | $338,126 | 0.03% | 3,551 | Common | SOLE |
| 46429B671 | MCHI | ISHARES TR | $321,375 | 0.03% | 5,350 | Common | SOLE |
| 84858T772 | EUAD | SPINNAKER ETF SERIES | $320,188 | 0.03% | 7,600 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $309,660 | 0.03% | 10,360 | Common | SOLE |
| 464288513 | HYG | ISHARES TR | $308,410 | 0.03% | 3,825 | Common | SOLE |
| 922908769 | VTI | VANGUARD INDEX FDS | $295,038 | 0.02% | 880 | Common | SOLE |
| 75886F107 | REGN | REGENERON PHARMACEUTICALS | $285,592 | 0.02% | 370 | Common | SOLE |
| 464287408 | IVE | ISHARES TR | $270,389 | 0.02% | 1,275 | Common | SOLE |
| 464288414 | MUB | ISHARES TR | $257,064 | 0.02% | 2,400 | Common | SOLE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $241,835 | 0.02% | 500 | Common | SOLE |
| 464287515 | IGV | ISHARES TR | $232,518 | 0.02% | 2,200 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $231,737 | 0.02% | 3,450 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $230,353 | 0.02% | 3,295 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $226,947 | 0.02% | 1,779 | Common | SOLE |
| 81369Y100 | XLB | SELECT SECTOR SPDR TR | $226,750 | 0.02% | 5,000 | Common | SOLE |
| 09062X103 | BIIB | BIOGEN INC | $219,636 | 0.02% | 1,248 | Common | SOLE |
| 37954Y293 | MLPX | GLOBAL X FDS | $214,563 | 0.02% | 3,540 | Common | SOLE |
| 46436E718 | SGOV | ISHARES TR | $207,285 | 0.02% | 2,065 | Common | SOLE |
| 66987V109 | NVS | NOVARTIS AG | $205,702 | 0.02% | 1,492 | Common | SOLE |
| 37954Y632 | AIQ | GLOBAL X FDS | $200,524 | 0.02% | 3,933 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.