# EDGAR Filing Document

**Accession Number:** 0001293530
**File Stem:** 0001413042-26-000111
**Filing Date:** 2026-2
**Character Count:** 20166
**Document Hash:** aec9f6851965a139210012be4113a9ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413042-26-000111.hdr.sgml**: 20260218

**ACCESSION NUMBER**: 0001413042-26-000111

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260218

**DATE AS OF CHANGE**: 20260218

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MUNDOVAL FUNDS
- **CENTRAL INDEX KEY:** 0001293530

**ORGANIZATION NAME:**
- **EIN:** 432058710
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21596
- **FILM NUMBER:** 26647646

**BUSINESS ADDRESS:**
- **STREET 1:** 7855 IVANHOE AVE., STE 210
- **CITY:** LA JOLLA
- **STATE:** CA
- **ZIP:** 92037
- **BUSINESS PHONE:** 858-454-4837

**MAIL ADDRESS:**
- **STREET 1:** 7855 IVANHOE AVE., STE 210
- **CITY:** LA JOLLA
- **STATE:** CA
- **ZIP:** 92037

## Series and Classes Contracts Data

### Mundoval Fund (Series ID: S000005306)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000014490 | Mundoval Fund | MUNDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** MUNDOVAL FUNDS

- **b. Investment Company Act file number:** 811-21596

- **c. CIK number of Registrant:** 0001293530

- **d. LEI of Registrant:** 5493007LD8ZCR54TZZ81

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 7855 Ivanhoe Avenue

  - **City:** LA JOLLA

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92037

  - **Telephone number:** 858-454-4837

**Item A.2. Information about the Series.**

- **a. Name of Series:** Mundoval Fund

- **b. EDGAR series identifier (if any):** S000005306

- **c. LEI of Series:** 549300KP9YM1VD54TL73

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $28015911.75

**Total Liabilities:** $36112.39

**Net Assets:** $27979799.36

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000014490 | 3.21%                | 3.48%                | 0.57%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-52476.94               | $965170.98                                 |
| Month 2  | $30390.38                | $965954.43                                 |
| Month 3  | $551775.52               | $-389695.08                                |

### Schedule of Portfolio Investments

| Name                                                                                     | Title                                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ASML Holding N.V.                                                                        | ASML Holding N.V. ADR                                              | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |       300 | NS      | $320958.00    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                                                                                | Airbus SE ADR                                                      | CUSIP: 009279100<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |      3500 | NS      | $202720.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                                                            | Alphabet Inc. Class A                                              | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     10000 | NS      | $3130000.00   | 11.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                                                            | Alphabet Inc. Class C                                              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     10000 | NS      | $3138000.00   | 11.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                                                         | Amazon.com, Inc.                                                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |       600 | NS      | $138492.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                                                               | Apple, Inc.                                                        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      6000 | NS      | $1631160.00   | 5.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J. Gallagher & Co.                                                                | Arthur J. Gallagher & Co.                                          | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |       800 | NS      | $207032.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                                                          | AstraZeneca PLC ADR                                                | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      2200 | NS      | $202246.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corporation                                                              | Bank of America Corporation                                        | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     25000 | NS      | $1375000.00   | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                                                                  | Berkshire Hathaway Inc. Class B                                    | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      1600 | NS      | $804240.00    | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock, Inc.                                                                          | BlackRock, Inc.                                                    | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |       150 | NS      | $160551.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions, Inc.                                                     | Broadridge Financial Solutions, Inc.                               | CUSIP: 11133T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       600 | NS      | $133902.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corporation                                                        | Capital One Financial Corp.                                        | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |       500 | NS      | $121180.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy, Inc.                                                                    | Cheniere Energy, Inc.                                              | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      1500 | NS      | $291585.00    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                                                                      | Comcast Corporation Class A                                        | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      7000 | NS      | $209230.00    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation                                                             | Costco Wholesale Corporation                                       | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       100 | NS      | $86234.00     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health, Inc.                                                                    | Elevance Health, Inc.                                              | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      1700 | NS      | $595935.00    | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv, Inc.                                                                             | Fiserv, Inc.                                                       | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      3500 | NS      | $235095.00    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Trust - Goldman Sachs Financial Square Government Fund Institutional Class | Goldman Sachs Financial Square Government Fund Institutional Class | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |    428573 | NS      | $428573.18    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                                                              | Humana Inc.                                                        | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |       700 | NS      | $179291.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc                                                                       | IQVIA Holdings Inc.                                                | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |      1300 | NS      | $293033.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton                                                         | LVMH Moet Hennessy Louis Vuitton ADR                               | CUSIP: 502441306<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     10000 | NS      | $1508100.00   | 5.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde Public Limited Company                                                             | Linde PLC (United Kingdom)                                         | CUSIP: G54950103<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | IE        |       400 | NS      | $170556.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corporation                                                              | Lockheed Martin Corporation                                        | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       700 | NS      | $338569.00    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corporation                                                           | Marathon Petroleum Corp.                                           | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      1000 | NS      | $162630.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                                                                  | Mastercard Incorporated Class A                                    | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      5000 | NS      | $2854400.00   | 10.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                                                                    | Microsoft Corporation                                              | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       800 | NS      | $386896.00    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, Inc.                                                                               | NIKE, Inc. Class B                                                 | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      5000 | NS      | $318550.00    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle S.A.                                                                              | Nestle S.A. ADR                                                    | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      3500 | NS      | $345730.00    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation                                                             | Northrop Grumman Corp.                                             | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       800 | NS      | $456168.00    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                                                                         | Novo Nordisk A/S ADR                                               | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     15000 | NS      | $763200.00    | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                                                                | RTX Corp.                                                          | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      4000 | NS      | $733600.00    | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Company Ltd.                                          | Taiwan Semiconductor Manufacturing Company Ltd. ADR                | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      6500 | NS      | $1975285.00   | 7.06%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation                                                           | The Charles Schwab Corporation                                     | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      2500 | NS      | $249775.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hershey Company                                                                      | The Hershey Company                                                | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      4500 | NS      | $818910.00    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies, Inc.                                                                  | The TJX Companies, Inc.                                            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      9000 | NS      | $1382490.00   | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| The Walt Disney Company                                                                  | The Walt Disney Company                                            | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      2064 | NS      | $234821.26    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                                                             | Unilever PLC ADR                                                   | CUSIP: 904767803<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |      5333 | NS      | $348778.17    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Incorporated                                                          | UnitedHealth Group Incorporated                                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1600 | NS      | $528176.00    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc.                                                                                | Visa Inc. Class A                                                  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1000 | NS      | $350710.00    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                                                              | Zoetis Inc. Class A                                                | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      1500 | NS      | $188730.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-18

**Name of Applicant:** Mundoval Funds

**Signature:** /s/ Arthur Q. Johnson

**Name of Signer:** Arthur Q. Johnson

**Title:** President