13F HOLDINGS REPORT
MMBG INVESTMENT ADVISORS CO.
Quarter ended Q3 2025 · Filed November 7, 2025 · Accession 0001765876-25-000007
Total Value
$1.13B
Positions
179
Other Managers
0
Confidential Omitted
No
Holdings (179)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 403,919 | $102.8M | 9.10% |
| 2 | MICROSOFT CORP | MSFT | 186,271 | $96.5M | 8.54% |
| 3 | AMAZON COM INC | AMZN | 384,030 | $84.3M | 7.46% |
| 4 | ALPHABET INC | GOOG | 328,916 | $80.0M | 7.08% |
| 5 | META PLATFORMS INC | META | 81,249 | $59.7M | 5.28% |
| 6 | BETTERWARE DE MXC S A B DE C | P1666E105 | 4,102,421 | $55.2M | 4.88% |
| 7 | NVIDIA CORPORATION | NVDA | 251,963 | $47.0M | 4.16% |
| 8 | JP MORGAN CHASE & CO | VYLD | 144,907 | $45.7M | 4.05% |
| 9 | SELECT SECTOR SPDR TR | 81369Y209 | 199,494 | $27.8M | 2.46% |
| 10 | ALPHABET INC | GOOG | 113,433 | $27.6M | 2.45% |
| 11 | GOLDMAN SACHS GROUP INC | GSCE | 34,248 | $27.3M | 2.41% |
| 12 | SALESFORCE COM INC | CRM | 79,627 | $18.9M | 1.67% |
| 13 | BROADCOM INC | AVGO | 52,902 | $17.5M | 1.55% |
| 14 | WALMART INC | WMT | 168,056 | $17.3M | 1.53% |
| 15 | VISA INC | V | 45,641 | $15.6M | 1.38% |
| 16 | TENCENT MUSIC ENTMT GROUP | XHLD | 165,285 | $14.1M | 1.25% |
| 17 | VANECK ETF TRUST | 92189F676 | 41,113 | $13.4M | 1.19% |
| 18 | SPDR S&P 500 ETF TR | SPY | 19,219 | $12.8M | 1.14% |
| 19 | CEMEX SAB DE CV | CXMSF | 1,389,427 | $12.5M | 1.11% |
| 20 | BANK AMERICA CORP | 060505104 | 238,413 | $12.3M | 1.09% |
| 21 | SHOPIFY INC | SHOP | 79,688 | $11.8M | 1.05% |
| 22 | UBER TECHNOLOGIES INC | UBER | 120,676 | $11.8M | 1.05% |
| 23 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 40,305 | $11.3M | 1.00% |
| 24 | VANGUARD INDEX FDS | 922908363 | 17,232 | $10.6M | 0.94% |
| 25 | MICRON TECHNOLOGY INC | MU | 59,218 | $9.9M | 0.88% |
| 26 | INVESCO QQQ TR | IVZ | 16,036 | $9.6M | 0.85% |
| 27 | SELECT SECTOR SPDR TR | 81369Y605 | 176,219 | $9.5M | 0.84% |
| 28 | ALIBABA GROUP HLDG LTD | BBAAY | 51,699 | $9.2M | 0.82% |
| 29 | EATON CORP PLC | ETN | 23,417 | $8.8M | 0.78% |
| 30 | DISNEY WALT CO | 254687106 | 71,335 | $8.2M | 0.72% |
| 31 | THERMO FISHER SCIENTIFIC INC | TMO | 15,251 | $7.4M | 0.66% |
| 32 | SELECT SECTOR SPDR TR | 81369Y407 | 30,213 | $7.2M | 0.64% |
| 33 | SELECT SECTOR SPDR TR | 81369Y803 | 23,881 | $6.7M | 0.60% |
| 34 | VANGUARD WORLD FDS | 92204A702 | 8,850 | $6.6M | 0.58% |
| 35 | ELI LILLY & CO | LLY | 8,369 | $6.4M | 0.57% |
| 36 | UNITEDHEALTH GROUP INC | UNH | 18,243 | $6.3M | 0.56% |
| 37 | COSTCO WHSL CORP NEW | 22160K105 | 6,409 | $5.9M | 0.53% |
| 38 | ISHARES TR | 464287556 | 39,199 | $5.7M | 0.50% |
| 39 | WISDOMTREE TR | WT | 40,377 | $5.2M | 0.46% |
| 40 | STARBUCKS CORP | SBUX | 60,017 | $5.1M | 0.45% |
| 41 | RTX CORPORATION | RTX | 29,870 | $5.0M | 0.44% |
| 42 | DANAHER CORPORATION | 235851102 | 23,010 | $4.6M | 0.40% |
| 43 | MCDONALDS CORP | MCD | 14,644 | $4.5M | 0.39% |
| 44 | FOMENTO ECONOMICO MEXICANO S | 344419106 | 43,578 | $4.3M | 0.38% |
| 45 | MERCADOLIBRE INC | MELI | 1,793 | $4.2M | 0.37% |
| 46 | SELECT SECTOR SPDR TR | 81369Y308 | 50,602 | $4.0M | 0.35% |
| 47 | ABBVIE INC | ABBV | 17,115 | $4.0M | 0.35% |
| 48 | SELECT SECTOR SPDR TR | 81369Y506 | 42,110 | $3.8M | 0.33% |
| 49 | ISHARES TR | 464287721 | 18,685 | $3.7M | 0.32% |
| 50 | VANGUARD INTL EQUITY INDEX | 922042874 | 45,733 | $3.6M | 0.32% |
| 51 | CONSTELLATION BRANDS INC | STZ | 26,751 | $3.6M | 0.32% |
| 52 | APOLLO GLOBAL MGMT INC | 03769M106 | 24,239 | $3.2M | 0.29% |
| 53 | ISHARES GOLD TR | IAU | 42,900 | $3.1M | 0.28% |
| 54 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 5,939 | $3.0M | 0.26% |
| 55 | ISHARES TR | 464287457 | 31,804 | $2.6M | 0.23% |
| 56 | FEDEX CORP | FDX | 10,777 | $2.6M | 0.23% |
| 57 | CODERE ONLINE LUXEMBOURG S A | CDROW | 366,325 | $2.5M | 0.22% |
| 58 | SELECT SECTOR SPDR TR | 81369Y704 | 16,010 | $2.5M | 0.22% |
| 59 | NIKE INC | NKE | 35,160 | $2.5M | 0.22% |
| 60 | SPDR GOLD TR | GLD | 6,815 | $2.4M | 0.21% |
| 61 | SERVICENOW INC | NOW | 2,484 | $2.3M | 0.20% |
| 62 | ISHARES TR | 464287754 | 15,600 | $2.3M | 0.20% |
| 63 | S&P GLOBAL INC | SPGI | 4,575 | $2.2M | 0.20% |
| 64 | ORACLE | ORCL-PD | 7,738 | $2.2M | 0.19% |
| 65 | ISHARES TR | 464288679 | 19,400 | $2.1M | 0.19% |
| 66 | MORGAN STANLEY | MS-PQ | 12,065 | $1.9M | 0.17% |
| 67 | MERCK & CO INC | MRK | 22,563 | $1.9M | 0.17% |
| 68 | ISHARES TR | 464287200 | 2,774 | $1.9M | 0.16% |
| 69 | DEERE & CO | DE | 4,030 | $1.8M | 0.16% |
| 70 | ISHARES TR | 464287788 | 14,501 | $1.8M | 0.16% |
| 71 | ASML HOLDING N V | ASMLF | 1,852 | $1.8M | 0.16% |
| 72 | T-MOBILE US INC | TMUSZ | 7,400 | $1.8M | 0.16% |
| 73 | NOVO-NORDISK A S | NONOF | 31,632 | $1.8M | 0.16% |
| 74 | ISHARES INC | 46434G103 | 26,387 | $1.7M | 0.15% |
| 75 | MASTERCARD INCORPORATED | MA | 3,030 | $1.7M | 0.15% |
| 76 | AMGEN INC | AMGN | 6,102 | $1.7M | 0.15% |
| 77 | ISHARES TR | 464287192 | 23,940 | $1.7M | 0.15% |
| 78 | PALO ALTO NETWORKS INC | PANW | 8,338 | $1.7M | 0.15% |
| 79 | SPOTIFY TECHNOLOGY S A | SPOT | 2,419 | $1.7M | 0.15% |
| 80 | NEXTERA ENERGY INC | NEE-PW | 22,355 | $1.7M | 0.15% |
| 81 | ISHARES TR | 464287762 | 28,270 | $1.7M | 0.15% |
| 82 | ISHARES SILVER TR | SLV | 38,405 | $1.6M | 0.14% |
| 83 | ISHARES TR | 464287507 | 24,570 | $1.6M | 0.14% |
| 84 | VAGUARD SCOTTSDALE FDS | 92206C409 | 19,903 | $1.6M | 0.14% |
| 85 | INTUITIVE SURGICAL INC | ISRG | 3,555 | $1.6M | 0.14% |
| 86 | PFIZER INC | PFE | 61,135 | $1.6M | 0.14% |
| 87 | ISHARES TR | 464288182 | 16,360 | $1.5M | 0.13% |
| 88 | ISHARES TR | 464288620 | 27,795 | $1.5M | 0.13% |
| 89 | BARRICK MNG CORP | 06849F108 | 43,200 | $1.4M | 0.13% |
| 90 | ISHARES TR | 464288646 | 26,432 | $1.4M | 0.12% |
| 91 | ISHARES INC | 46434G822 | 16,741 | $1.3M | 0.12% |
| 92 | ISHARES INC | 464286608 | 21,235 | $1.3M | 0.12% |
| 93 | BOEING CO | BA-PA | 5,830 | $1.3M | 0.11% |
| 94 | VANECK ETF TRUST | 92189F106 | 16,020 | $1.2M | 0.11% |
| 95 | HOME DEPOT INC | HD | 2,965 | $1.2M | 0.11% |
| 96 | ASTRAZENECA PLC | AZN | 15,519 | $1.2M | 0.11% |
| 97 | ISHARES BITCOIN TRUST ETF | IBIT | 17,692 | $1.1M | 0.10% |
| 98 | SPDR INDEX SHS FDS | 78463X202 | 18,452 | $1.1M | 0.10% |
| 99 | STARWOOD PPTY TR INC | STHO | 55,725 | $1.1M | 0.10% |
| 100 | ISHARES TR | 464288687 | 33,755 | $1.1M | 0.09% |
| 101 | CROWDSTRIKE HLDGS INC | CRWD | 2,163 | $1.1M | 0.09% |
| 102 | CADENCE DESIGN SYSTEM INC | CDNS | 2,883 | $1.0M | 0.09% |
| 103 | VANGUARD SCOTTSDALE FDS | 92206C102 | 16,615 | $977,793 | 0.09% |
| 104 | WASTE MGMT INC DEL | 94106L109 | 4,260 | $940,736 | 0.08% |
| 105 | CHEVRON CORP NEW | CVX | 6,050 | $939,505 | 0.08% |
| 106 | ISHARES TR | 464287614 | 1,969 | $922,094 | 0.08% |
| 107 | INTUIT | INTU | 1,345 | $918,514 | 0.08% |
| 108 | ISHARES TR | 464288661 | 7,570 | $904,691 | 0.08% |
| 109 | MONDELEZ INTL INC | 609207105 | 14,280 | $899,212 | 0.08% |
| 110 | VANGUARD SCOTTSDALE FDS | 92206C706 | 14,793 | $888,024 | 0.08% |
| 111 | ISHARES TR | 46434V100 | 16,964 | $862,280 | 0.08% |
| 112 | ISHARES TR | 464288281 | 8,923 | $849,380 | 0.08% |
| 113 | HONEYWELL INTL INC | 438516106 | 4,002 | $842,421 | 0.07% |
| 114 | INVESCO EXCHANGE TRADED FD T | IVZ | 4,295 | $814,762 | 0.07% |
| 115 | ISHARES TR | 46434V407 | 18,586 | $804,774 | 0.07% |
| 116 | ISHARES TR | 464287440 | 8,329 | $803,415 | 0.07% |
| 117 | SPDR SER TR | 78464A474 | 26,080 | $789,963 | 0.07% |
| 118 | FREEPORT-MCMORAN INC | FCX | 19,865 | $779,105 | 0.07% |
| 119 | CULEN FROST BANKERS INC | CFR-PB | 6,070 | $769,494 | 0.07% |
| 120 | LAS VEGAS SANDS CORP | LVS | 14,200 | $763,818 | 0.07% |
| 121 | SCHLUMBERGER LTD | SLB | 21,995 | $762,237 | 0.07% |
| 122 | SELECT SECTOR SPDR TR | 81369Y852 | 6,320 | $748,098 | 0.07% |
| 123 | CVS HEALTH CORP | CVS | 9,755 | $735,429 | 0.07% |
| 124 | ENERGY TRANSFER L P | ET-PI | 41,905 | $719,090 | 0.06% |
| 125 | COMCAST CORP NEW | CCZ | 22,442 | $705,128 | 0.06% |
| 126 | WISDOMTREE TR | WT | 12,990 | $654,696 | 0.06% |
| 127 | ISHARES TR | 464288810 | 10,435 | $626,935 | 0.06% |
| 128 | TESLA INC | TSLA | 1,406 | $625,276 | 0.06% |
| 129 | DELL TECHNOLOGIES INC | DELL | 4,406 | $624,639 | 0.06% |
| 130 | SNOWFLAKE INC | SNOW | 2,709 | $611,015 | 0.05% |
| 131 | TKO GROUP HOLDINGS INC | TKO | 3,005 | $606,890 | 0.05% |
| 132 | NU HLDGS LTD | NU | 37,607 | $602,088 | 0.05% |
| 133 | PAYPAL HLDGS INC | PYPL | 8,956 | $600,589 | 0.05% |
| 134 | JOHNSON & JOHNSON | JNJ | 3,182 | $590,006 | 0.05% |
| 135 | URBAN OUTFITTERS INC | URBN | 7,815 | $558,225 | 0.05% |
| 136 | VANGUARD INTL EQUITY INDEX F | 922042858 | 10,226 | $554,045 | 0.05% |
| 137 | ISHARES TR | 46435U853 | 14,440 | $545,543 | 0.05% |
| 138 | ISHARES TR | 464287432 | 6,086 | $543,906 | 0.05% |
| 139 | GE VERNOVA INC | GEV | 870 | $534,963 | 0.05% |
| 140 | 3M CO | MMM | 3,370 | $522,957 | 0.05% |
| 141 | FIRST TR EXCHANGE TRADED FD | 33734X846 | 6,836 | $519,604 | 0.05% |
| 142 | GLOBAL X FDS | 37954Y871 | 10,480 | $499,582 | 0.04% |
| 143 | ISHARES TR | 46429B655 | 9,535 | $487,095 | 0.04% |
| 144 | SPDR SER TR | 78468R663 | 5,068 | $464,989 | 0.04% |
| 145 | NOVARTIS AG | NVSEF | 3,492 | $447,814 | 0.04% |
| 146 | FISERV INC | FISV | 3,450 | $444,809 | 0.04% |
| 147 | C H ROBINSON WORLDWIDE INC | CHRW | 3,200 | $425,664 | 0.04% |
| 148 | TARGET CORP | TGT | 4,695 | $421,142 | 0.04% |
| 149 | LULULEMON ATHLETICA INC | LULU | 2,336 | $415,644 | 0.04% |
| 150 | ISHARES TR | 464287663 | 3,919 | $391,718 | 0.03% |
| 151 | INTERNATIONAL BANCSHARES COR | INTR | 5,667 | $389,606 | 0.03% |
| 152 | ISHARES TR | 464287234 | 7,275 | $388,485 | 0.03% |
| 153 | ISHARES INC | 464286806 | 9,200 | $382,812 | 0.03% |
| 154 | LOCKHEED MARTIN CORP | LMT | 750 | $374,408 | 0.03% |
| 155 | ISHARES TR | 464287465 | 3,950 | $368,812 | 0.03% |
| 156 | ISHARES TR | 464287861 | 5,600 | $366,688 | 0.03% |
| 157 | ISHARES TR | 464288653 | 3,488 | $359,229 | 0.03% |
| 158 | GLOBAL X FDS | 37954Y715 | 10,000 | $354,300 | 0.03% |
| 159 | ON HLDG AG | H5919C104 | 8,350 | $353,623 | 0.03% |
| 160 | ISHARES TR | 46429B671 | 5,350 | $352,298 | 0.03% |
| 161 | ISHARES TR | 46435G474 | 12,450 | $345,861 | 0.03% |
| 162 | ISHARES TR | 464287325 | 3,900 | $345,618 | 0.03% |
| 163 | ISHARES TR | 464288588 | 3,551 | $337,878 | 0.03% |
| 164 | MEDTRONIC PLC | MDT | 3,480 | $333,906 | 0.03% |
| 165 | VANGUARD WHITEHALL FDS | 921946406 | 2,260 | $318,547 | 0.03% |
| 166 | ISHARES TR | 464288513 | 3,825 | $310,552 | 0.03% |
| 167 | NETFLIX INC | NFLX | 255 | $305,725 | 0.03% |
| 168 | FIRST TR EXCHANGE-TRADED FD | 33733E302 | 1,070 | $299,429 | 0.03% |
| 169 | PIMCO ETF TR | 72201R833 | 2,660 | $267,835 | 0.02% |
| 170 | ISHARES TR | 464287242 | 2,400 | $267,528 | 0.02% |
| 171 | ISHARES TR | 464287408 | 1,275 | $263,300 | 0.02% |
| 172 | ISHARES TR | 464288414 | 2,400 | $255,576 | 0.02% |
| 173 | ISHARES TR | 464287515 | 2,200 | $253,022 | 0.02% |
| 174 | GLOBAL X FDS | 37960A529 | 3,229 | $226,805 | 0.02% |
| 175 | SELECT SECTOR SPDR TR | 81369Y100 | 2,500 | $224,050 | 0.02% |
| 176 | GLOBAL X FDS | 37954Y293 | 3,540 | $221,993 | 0.02% |
| 177 | REGENERON PHARMACEUTICALS | REGN | 370 | $208,040 | 0.02% |
| 178 | ISHARES TR | 46436E718 | 2,065 | $207,946 | 0.02% |
| 179 | QUALCOMM INC | QCOM | 1,230 | $204,623 | 0.02% |