Cobas AM is an investment management firm based on the value investing philosophy.
After achieving an annual return of 15.5% from 1993 to 2014, Francisco García Paramés founded Cobas Asset Management in 2016. The firm stands out for maintaining the same investment policy that allowed Francisco García Paramés to achieve such success over the decades.
Cobas Asset Management invests in high-quality companies, paying as little as possible for their ability to generate free cash flow, in low-debt companies, with a long-term horizon. We consider it one of the leading entities worldwide in this style of investing.
- Presentation of Francisco Burgos, Director of Institutional Investor Relations at Cobas AM, at the Tenvalue Annual Conference (12 minutes):
Top 10 positions of the Cobas Selección Fund (March 2025):
– Atalaya Mining (4,84%)
– Golar LNG (4,37%)
– Currys PLC (4,15%)
– Babcock International Group (3,89%)
– CK Hutchison Holdings Ltd (3,06%)
– Danieli & C Office Meccaniche SpA (2,7%)
– AcadeMedia AB (2,68%)
– BW Offshore Ltd (2,67%)
– Técnicas Reunidas (2,44%)
– Energean PLC (2,17%)
