13F HOLDINGS REPORT
MMBG INVESTMENT ADVISORS CO.
Quarter ended Q4 2025 · Filed February 9, 2026 · Accession 0001765876-26-000002
Total Value
$1.19B
Positions
177
Other Managers
0
Confidential Omitted
No
Holdings (177)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 396,540 | $107.8M | 9.08% |
| 2 | ALPHABET INC | GOOG | 322,143 | $100.8M | 8.49% |
| 3 | MICROSOFT CORP | MSFT | 187,190 | $90.5M | 7.62% |
| 4 | AMAZON COM INC | AMZN | 381,345 | $88.0M | 7.41% |
| 5 | BETTERWARE DE MXC S A B DE C | P1666E105 | 4,076,421 | $57.9M | 4.88% |
| 6 | META PLATFORMS INC | META | 82,470 | $54.4M | 4.58% |
| 7 | NVIDIA CORPORATION | NVDA | 256,377 | $47.8M | 4.03% |
| 8 | JP MORGAN CHASE & CO | VYLD | 142,327 | $45.9M | 3.86% |
| 9 | ALPHABET INC | GOOG | 112,763 | $35.4M | 2.98% |
| 10 | GOLDMAN SACHS GROUP INC | GSCE | 35,198 | $30.9M | 2.60% |
| 11 | SELECT SECTOR SPDR TR | 81369Y209 | 171,009 | $26.5M | 2.23% |
| 12 | SALESFORCE COM INC | CRM | 73,716 | $19.6M | 1.65% |
| 13 | WALMART INC | WMT | 168,056 | $18.8M | 1.58% |
| 14 | BROADCOM INC | AVGO | 50,475 | $17.5M | 1.47% |
| 15 | VISA INC | V | 45,641 | $16.0M | 1.35% |
| 16 | CEMEX SAB DE CV | CXMSF | 1,359,427 | $15.6M | 1.32% |
| 17 | MICRON TECHNOLOGY INC | MU | 54,523 | $15.6M | 1.31% |
| 18 | SPDR S&P 500 ETF TR | SPY | 22,403 | $15.3M | 1.29% |
| 19 | VANECK ETF TRUST | 92189F676 | 40,148 | $14.5M | 1.22% |
| 20 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 42,323 | $12.9M | 1.09% |
| 21 | BANK AMERICA CORP | 060505104 | 228,766 | $12.6M | 1.06% |
| 22 | SHOPIFY INC | SHOP | 77,748 | $12.5M | 1.05% |
| 23 | TENCENT MUSIC ENTMT GROUP | XHLD | 162,625 | $12.4M | 1.05% |
| 24 | VANGUARD INDEX FDS | 922908363 | 16,728 | $10.5M | 0.88% |
| 25 | UBER TECHNOLOGIES INC | UBER | 124,567 | $10.2M | 0.86% |
| 26 | SELECT SECTOR SPDR TR | 81369Y605 | 184,443 | $10.1M | 0.85% |
| 27 | THERMO FISHER SCIENTIFIC INC | TMO | 16,105 | $9.3M | 0.79% |
| 28 | INVESCO QQQ TR | IVZ | 14,869 | $9.1M | 0.77% |
| 29 | ELI LILLY & CO | LLY | 8,377 | $9.0M | 0.76% |
| 30 | COSTCO WHSL CORP NEW | 22160K105 | 8,708 | $7.5M | 0.63% |
| 31 | EATON CORP PLC | ETN | 23,567 | $7.5M | 0.63% |
| 32 | ISHARES TR | 464288679 | 67,560 | $7.4M | 0.63% |
| 33 | SELECT SECTOR SPDR TR | 81369Y803 | 49,552 | $7.1M | 0.60% |
| 34 | ALIBABA GROUP HLDG LTD | BBAAY | 48,415 | $7.1M | 0.60% |
| 35 | SELECT SECTOR SPDR TR | 81369Y407 | 57,626 | $6.9M | 0.58% |
| 36 | ISHARES TR | 464287556 | 38,107 | $6.4M | 0.54% |
| 37 | UNITEDHEALTH GROUP INC | UNH | 18,346 | $6.1M | 0.51% |
| 38 | DISNEY WALT CO | 254687106 | 49,202 | $5.6M | 0.48% |
| 39 | VANGUARD WORLD FDS | 92204A702 | 7,320 | $5.5M | 0.46% |
| 40 | DANAHER CORPORATION | 235851102 | 23,770 | $5.4M | 0.46% |
| 41 | RTX CORPORATION | RTX | 28,885 | $5.3M | 0.45% |
| 42 | WISDOMTREE TR | WT | 35,417 | $5.1M | 0.43% |
| 43 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 9,469 | $4.8M | 0.40% |
| 44 | STARBUCKS CORP | SBUX | 55,907 | $4.7M | 0.40% |
| 45 | MCDONALDS CORP | MCD | 14,644 | $4.5M | 0.38% |
| 46 | FOMENTO ECONOMICO MEXICANO S | 344419106 | 43,578 | $4.4M | 0.37% |
| 47 | MERCADOLIBRE INC | MELI | 2,180 | $4.4M | 0.37% |
| 48 | NETFLIX INC | NFLX | 44,410 | $4.2M | 0.35% |
| 49 | APOLLO GLOBAL MGMT INC | 03769M106 | 28,209 | $4.1M | 0.34% |
| 50 | VANGUARD INTL EQUITY INDEX | 922042874 | 47,196 | $3.9M | 0.33% |
| 51 | SELECT SECTOR SPDR TR | 81369Y308 | 50,602 | $3.9M | 0.33% |
| 52 | ABBVIE INC | ABBV | 17,142 | $3.9M | 0.33% |
| 53 | SELECT SECTOR SPDR TR | 81369Y506 | 84,220 | $3.8M | 0.32% |
| 54 | SERVICENOW INC | NOW | 24,475 | $3.7M | 0.32% |
| 55 | ISHARES TR | 464287457 | 43,184 | $3.6M | 0.30% |
| 56 | ISHARES GOLD TR | IAU | 42,900 | $3.5M | 0.29% |
| 57 | ISHARES TR | 464287721 | 15,206 | $3.0M | 0.26% |
| 58 | CODERE ONLINE LUXEMBOURG S A | CDROW | 366,325 | $2.9M | 0.25% |
| 59 | ASTRAZENECA PLC | AZN | 28,379 | $2.6M | 0.22% |
| 60 | ASML HOLDING N V | ASMLF | 2,394 | $2.6M | 0.22% |
| 61 | SELECT SECTOR SPDR TR | 81369Y704 | 15,885 | $2.5M | 0.21% |
| 62 | MERCK & CO INC | MRK | 22,563 | $2.4M | 0.20% |
| 63 | S&P GLOBAL INC | SPGI | 4,575 | $2.4M | 0.20% |
| 64 | FEDEX CORP | FDX | 8,212 | $2.4M | 0.20% |
| 65 | ISHARES TR | 464287754 | 15,600 | $2.3M | 0.19% |
| 66 | SPDR GOLD TR | GLD | 5,815 | $2.3M | 0.19% |
| 67 | SPOTIFY TECHNOLOGY S A | SPOT | 3,954 | $2.3M | 0.19% |
| 68 | ISHARES TR | 464288687 | 73,205 | $2.3M | 0.19% |
| 69 | ISHARES TR | 464288661 | 18,860 | $2.3M | 0.19% |
| 70 | VAGUARD SCOTTSDALE FDS | 92206C409 | 27,493 | $2.2M | 0.18% |
| 71 | ISHARES INC | 46434G103 | 31,550 | $2.1M | 0.18% |
| 72 | ISHARES TR | 464288646 | 39,562 | $2.1M | 0.18% |
| 73 | AMGEN INC | AMGN | 6,044 | $2.0M | 0.17% |
| 74 | ISHARES TR | 464287200 | 2,774 | $1.9M | 0.16% |
| 75 | BARRICK MNG CORP | 06849F108 | 43,454 | $1.9M | 0.16% |
| 76 | ISHARES TR | 464287788 | 14,501 | $1.9M | 0.16% |
| 77 | ISHARES TR | 464287762 | 28,270 | $1.8M | 0.15% |
| 78 | ORACLE | ORCL-PD | 9,381 | $1.8M | 0.15% |
| 79 | BOEING CO | BA-PA | 8,235 | $1.8M | 0.15% |
| 80 | ISHARES TR | 464288570 | 13,785 | $1.8M | 0.15% |
| 81 | MASTERCARD INCORPORATED | MA | 3,030 | $1.7M | 0.15% |
| 82 | ISHARES INC | 46434G822 | 20,402 | $1.6M | 0.14% |
| 83 | PALO ALTO NETWORKS INC | PANW | 8,888 | $1.6M | 0.14% |
| 84 | ISHARES TR | 464287507 | 24,570 | $1.6M | 0.14% |
| 85 | ISHARES TR | 464288182 | 16,360 | $1.5M | 0.13% |
| 86 | NOVO-NORDISK A S | NONOF | 29,755 | $1.5M | 0.13% |
| 87 | VANECK ETF TRUST | 92189F106 | 16,815 | $1.4M | 0.12% |
| 88 | ISHARES TR | 464288620 | 27,795 | $1.4M | 0.12% |
| 89 | NIKE INC | NKE | 22,017 | $1.4M | 0.12% |
| 90 | ISHARES INC | 464286608 | 21,235 | $1.4M | 0.11% |
| 91 | SPDR INDEX SHS FDS | 78463X202 | 20,809 | $1.3M | 0.11% |
| 92 | DEERE & CO | DE | 2,720 | $1.3M | 0.11% |
| 93 | ISHARES BITCOIN TRUST ETF | IBIT | 22,666 | $1.1M | 0.09% |
| 94 | STARWOOD PPTY TR INC | STHO | 55,725 | $1.0M | 0.09% |
| 95 | HOME DEPOT INC | HD | 2,965 | $1.0M | 0.09% |
| 96 | CROWDSTRIKE HLDGS INC | CRWD | 2,163 | $1.0M | 0.09% |
| 97 | FREEPORT-MCMORAN INC | FCX | 19,865 | $1.0M | 0.08% |
| 98 | VANGUARD SCOTTSDALE FDS | 92206C102 | 16,615 | $975,799 | 0.08% |
| 99 | WASTE MGMT INC DEL | 94106L109 | 4,260 | $935,965 | 0.08% |
| 100 | CADENCE DESIGN SYSTEM INC | CDNS | 2,990 | $934,614 | 0.08% |
| 101 | ISHARES TR | 464287614 | 1,969 | $931,720 | 0.08% |
| 102 | LAS VEGAS SANDS CORP | LVS | 14,200 | $924,278 | 0.08% |
| 103 | ISHARES TR | 464288281 | 9,433 | $908,209 | 0.08% |
| 104 | PFIZER INC | PFE | 35,875 | $893,295 | 0.08% |
| 105 | INTUIT | INTU | 1,345 | $890,955 | 0.08% |
| 106 | ISHARES TR | 46434V407 | 20,691 | $887,023 | 0.07% |
| 107 | ISHARES TR | 464288802 | 6,365 | $886,931 | 0.07% |
| 108 | VANGUARD SCOTTSDALE FDS | 92206C706 | 14,793 | $886,544 | 0.07% |
| 109 | INVESCO EXCHANGE TRADED FD T | IVZ | 4,615 | $884,049 | 0.07% |
| 110 | ISHARES TR | 46434V100 | 16,964 | $860,075 | 0.07% |
| 111 | GE VERNOVA INC | GEV | 1,295 | $846,373 | 0.07% |
| 112 | ISHARES TR | 464287192 | 11,280 | $840,473 | 0.07% |
| 113 | SPDR SER TR | 78464A474 | 27,725 | $837,295 | 0.07% |
| 114 | ISHARES TR | 464287440 | 8,329 | $800,917 | 0.07% |
| 115 | HONEYWELL INTL INC | 438516106 | 4,002 | $780,750 | 0.07% |
| 116 | CVS HEALTH CORP | CVS | 9,755 | $774,157 | 0.07% |
| 117 | CULEN FROST BANKERS INC | CFR-PB | 6,070 | $768,644 | 0.06% |
| 118 | TESLA INC | TSLA | 1,659 | $746,085 | 0.06% |
| 119 | CHEVRON CORP NEW | CVX | 4,800 | $731,568 | 0.06% |
| 120 | FIRST TR EXCHANGE-TRADED FD | 33733E302 | 2,691 | $724,363 | 0.06% |
| 121 | SELECT SECTOR SPDR TR | 81369Y852 | 6,150 | $723,978 | 0.06% |
| 122 | NU HLDGS LTD | NU | 41,307 | $691,479 | 0.06% |
| 123 | ENERGY TRANSFER L P | ET-PI | 41,905 | $691,013 | 0.06% |
| 124 | WISDOMTREE TR | WT | 12,990 | $689,249 | 0.06% |
| 125 | ISHARES TR | 464288810 | 10,435 | $648,535 | 0.05% |
| 126 | FIRST TR EXCHANGE TRADED FD | 33734X846 | 9,002 | $643,193 | 0.05% |
| 127 | TKO GROUP HOLDINGS INC | TKO | 3,005 | $628,045 | 0.05% |
| 128 | ISHARES TR | 464287242 | 5,443 | $599,764 | 0.05% |
| 129 | URBAN OUTFITTERS INC | URBN | 7,815 | $588,157 | 0.05% |
| 130 | SPDR SER TR | 78468R663 | 6,343 | $579,623 | 0.05% |
| 131 | DELL TECHNOLOGIES INC | DELL | 4,406 | $554,627 | 0.05% |
| 132 | VANGUARD INTL EQUITY INDEX F | 922042858 | 10,226 | $549,750 | 0.05% |
| 133 | BLUE OWL CAPITAL CORPORATION | OWL | 42,558 | $544,742 | 0.05% |
| 134 | ISHARES TR | 46435U853 | 14,440 | $539,984 | 0.05% |
| 135 | VANGUARD WHITEHALL FDS | 921946406 | 3,760 | $539,635 | 0.05% |
| 136 | JOHNSON & JOHNSON | JNJ | 2,602 | $538,484 | 0.05% |
| 137 | C H ROBINSON WORLDWIDE INC | CHRW | 3,200 | $516,448 | 0.04% |
| 138 | CONSTELLATION BRANDS INC | STZ | 3,740 | $515,970 | 0.04% |
| 139 | ISHARES TR | 464287432 | 5,644 | $491,931 | 0.04% |
| 140 | GRAB HOLDINGS LIMITED | GRABW | 93,350 | $465,817 | 0.04% |
| 141 | SNOWFLAKE INC | SNOW | 2,104 | $461,533 | 0.04% |
| 142 | ANGEL STUDIOS INC | ANGX | 96,484 | $450,580 | 0.04% |
| 143 | LULULEMON ATHLETICA INC | LULU | 2,096 | $435,570 | 0.04% |
| 144 | ISHARES TR | 464287663 | 3,919 | $401,869 | 0.03% |
| 145 | FIRST TR EXCHANGE-TRADED FD | 336917109 | 9,000 | $399,060 | 0.03% |
| 146 | ISHARES TR | 464287234 | 7,275 | $398,015 | 0.03% |
| 147 | ON HLDG AG | H5919C104 | 8,350 | $388,108 | 0.03% |
| 148 | ISHARES TR | 464287861 | 5,600 | $384,160 | 0.03% |
| 149 | ISHARES U S ETF TR | 46431W648 | 3,774 | $383,627 | 0.03% |
| 150 | ISHARES TR | 464287325 | 3,900 | $379,860 | 0.03% |
| 151 | ISHARES TR | 464287465 | 3,950 | $379,319 | 0.03% |
| 152 | INTERNATIONAL BANCSHARES COR | INTR | 5,667 | $376,515 | 0.03% |
| 153 | PAYPAL HLDGS INC | PYPL | 6,337 | $369,954 | 0.03% |
| 154 | ISHARES TR | 46435G474 | 13,540 | $369,642 | 0.03% |
| 155 | GLOBAL X FDS | 37954Y715 | 10,000 | $363,880 | 0.03% |
| 156 | PIMCO ETF TR | 72201R833 | 3,555 | $357,989 | 0.03% |
| 157 | ISHARES TR | 464288653 | 3,488 | $354,625 | 0.03% |
| 158 | ISHARES TR | 464288588 | 3,551 | $338,126 | 0.03% |
| 159 | ISHARES TR | 46429B671 | 5,350 | $321,375 | 0.03% |
| 160 | SPINNAKER ETF SERIES | 84858T772 | 7,600 | $320,188 | 0.03% |
| 161 | COMCAST CORP NEW | CCZ | 10,360 | $309,660 | 0.03% |
| 162 | ISHARES TR | 464288513 | 3,825 | $308,410 | 0.03% |
| 163 | VANGUARD INDEX FDS | 922908769 | 880 | $295,038 | 0.02% |
| 164 | REGENERON PHARMACEUTICALS | REGN | 370 | $285,592 | 0.02% |
| 165 | ISHARES TR | 464287408 | 1,275 | $270,389 | 0.02% |
| 166 | ISHARES TR | 464288414 | 2,400 | $257,064 | 0.02% |
| 167 | LOCKHEED MARTIN CORP | LMT | 500 | $241,835 | 0.02% |
| 168 | ISHARES TR | 464287515 | 2,200 | $232,518 | 0.02% |
| 169 | FISERV INC | FISV | 3,450 | $231,737 | 0.02% |
| 170 | COCA COLA CO | KO | 3,295 | $230,353 | 0.02% |
| 171 | SEA LTD | SE | 1,779 | $226,947 | 0.02% |
| 172 | SELECT SECTOR SPDR TR | 81369Y100 | 5,000 | $226,750 | 0.02% |
| 173 | BIOGEN INC | BIIB | 1,248 | $219,636 | 0.02% |
| 174 | GLOBAL X FDS | 37954Y293 | 3,540 | $214,563 | 0.02% |
| 175 | ISHARES TR | 46436E718 | 2,065 | $207,285 | 0.02% |
| 176 | NOVARTIS AG | NVSEF | 1,492 | $205,702 | 0.02% |
| 177 | GLOBAL X FDS | 37954Y632 | 3,933 | $200,524 | 0.02% |