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Cartival S.A.
Alfonso Botín-Sanz de Sautuola y Naveda · Family Office · Value
Cartival S.A. is a prominent Spanish investment holding company and the primary investment vehicle for the branch of the Botín family led by Jaime Botín. Established in 1989 and based in Madrid, the firm is best known for its long-standing and significant ownership stake in Bankinter, one of Spain’s leading financial institutions, where it typically holds over 20% of the share capital. Beyond banking, the company maintains strategic interests in other sectors, including insurance through its stake in Línea Directa Aseguradora. Cartival operates as a sophisticated family office, focusing on long-term capital preservation and growth through concentrated, strategic equity positions in the Spanish financial and industrial markets, with active representation on the boards of its major portfolio companies.
Simulated Performance
| Metric | Value |
|---|---|
| Total return | +0.9% |
| YTD return | -4.2% |
| Sharpe ratio | 1.09 |
| Win rate | 100% |
| AUM | $0.0B |
| Inception | Oct 1, 2025 |
| Updated | Sep 18, 2026 |
Institution Status
| Field | Value |
|---|---|
| AUM | $0.0B |
| Turnover | Low (<15%) |
| Avg holding | 18 Months |
| Inception | Oct 1, 2025 |
| Website | N/A |
Current Holdings
Updated on Sep 18, 2026.
| Ticker | Name | Portfolio % | Return |
|---|---|---|---|
| BKNIY | Bankinter SA ADR | 100.0% | +0.9% |
Recent activity
| Date | Action | Ticker | Weight |
|---|---|---|---|
| Oct 1, 2025 | BUY | BKNIY | 0.0% → 100.0% |
Investment Style Analysis
Cartival S.A. is widely recognized for employing a Value strategy. As of Sep 18, 2026, the firm oversees approximately $0.0B in assets under management (AUM). The portfolio demonstrates a clear preference for the Banks - Regional sectors, reflecting a high-conviction approach to capital allocation.
Recent Market Moves
During the latest rebalancing period ending Oct 1, Cartival S.A. made a significant move by increasing exposure to BKNIY. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.
Investment Philosophy
Cartival S.A. follows a long-term, value-oriented investment philosophy, emphasizing concentrated positions in core businesses within the Spanish financial services sector. The firm prioritizes strategic influence and active governance, maintaining board seats in its primary holdings to ensure alignment with its long-term objectives of stability and steady capital appreciation. Its approach is characterized by a commitment to generational wealth preservation, avoiding speculative short-term trading in favor of multi-decade stewardship of its major assets. By focusing on sectors where it possesses deep institutional knowledge, Cartival seeks to create value through operational excellence and strategic oversight within its portfolio.
Disclaimer
The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Cartival S.A..
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Frequently asked questions
How is the simulated portfolio for Cartival S.A. constructed?
This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.
What is Cartival S.A.'s largest holding?
As of the latest filing, Cartival S.A.'s top position is Bankinter SA ADR (BKNIY), representing 100.0% of the portfolio. This reflects a high-conviction bet by the institution.
What is Cartival S.A.'s historical performance and risk profile?
Our simulation indicates a total return of +0.9% with a win rate of 100%. Notably, the portfolio maintains a Sharpe Ratio of 1.09, suggesting an strong level of risk-adjusted returns compared to the broader market.
What sectors does Cartival S.A. primarily invest in?
Cartival S.A. has a strong preference for the Banks - Regional sector, which makes up 100.0% of their disclosed assets. The portfolio also has exposure to other industries, indicating a specific thematic focus.
Is Cartival S.A.'s portfolio concentrated or diversified?
Cartival S.A. runs a highly concentrated portfolio with 1 disclosed positions. The top 3 holdings alone account for 100.0% of the total portfolio weight, suggesting a strategy that favors deep research into a few key names.
How has Cartival S.A. performed in 2026?
Our AI-simulated model portfolio for Cartival S.A. tracks a Year-to-Date (YTD) return of -4.2%. This metric helps investors gauge the institution's effectiveness in the current market environment.
Does Alfonso Botín-Sanz de Sautuola y Naveda manage Cartival S.A. directly?
Yes, Alfonso Botín-Sanz de Sautuola y Naveda serves as the key portfolio manager for Cartival S.A., overseeing the investment strategy and final capital allocation decisions.