Q3 2025 · 13F-HR
Cape Ann Asset Management Ltdholdings as filed
Filed 2025-11-10 · accession 0000929638-25-004194
$296.8M
Reported value
11
Positions
2025-09-30
Period end
The Brief · Cape Ann Asset Management Ltd · Q3 2025
AI · grounded in 13F
Cape Ann Asset Management Ltd established a new position in Kinross Gold Corp KGC valued at $87.17M. The fund also added new stakes in Ternium SA TX for $30.79M and Credicorp Ltd BAP for $29.16M. Other new entries include Laureate Education Inc LAUR at $29M, Copa Holdings SA CPA at $25.9M, and Ero Copper Corp ERO at $20.94M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 496902404 | KGC | KINROSS GOLD CORP | $87.2M | 29.4% | 3,507,938 | Common | SOLE |
| 880890108 | TX | TERNIUM SA | $30.8M | 10.4% | 886,649 | Common | SOLE |
| G2519Y108 | BAP | CREDICORP LTD | $29.2M | 9.82% | 109,497 | Common | SOLE |
| 518613203 | LAUR | LAUREATE EDUCATION INC | $29.0M | 9.77% | 919,500 | Common | SOLE |
| P31076105 | CPA | COPA HOLDINGS SA | $25.9M | 8.73% | 218,000 | Common | SOLE |
| 296006109 | ERO | ERO COPPER CORP | $20.9M | 7.06% | 1,035,143 | Common | SOLE |
| 92837L109 | VIST | VISTA ENERGY S.A.B. DE C.V. | $20.1M | 6.76% | 583,600 | Common | SOLE |
| 05961W105 | BMA | BANCO MACRO SA | $19.5M | 6.57% | 461,216 | Common | SOLE |
| 88557W101 | QFIN | QFIN HOLDINGS INC | $14.7M | 4.95% | 510,700 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $14.2M | 4.78% | 173,700 | Common | SOLE |
| 71654V101 | PBR/A | PETROLEO BRASILEIRO SA PETRO | $5.4M | 1.81% | 454,611 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.