Breakout Capital Partners, LP

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Breakout Capital Partners, LP reported 9 stock positions worth $149.4 million. Its top holding was Itau Unibanco H-Spon PRF ADR (ITUB) at 13.4% of the portfolio, followed by Vaneck Vietnam ETF (VNM, 13.1%) and Petroleo Brasileiro-Spon ADR (PBR, 11.9%). Compared with Q4 2023, it opened 1 new position, added to 1 and reduced 1. The biggest buy was a new position in Vaneck Vietnam ETF (VNM) and the biggest sale PDD (PDD, shares −23%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001935243
Portfolio Value
$149.4M (Q1 2024)
SEC Filing
0001085146-24-002626 ↗ filed May 15, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $149.4M $149.4M Q1 2024 Q2 2024: $82.9M Q2 2024 Q3 2024: $92.3M Q3 2024 Q4 2024: $87.9M Q4 2024 Q1 2025: $109.2M Q1 2025 Q2 2025: $102.1M Q2 2025 Q3 2025: $157.0M Q3 2025 Q4 2025: $140.4M Q4 2025 Q1 2026: $173.9M Q1 2026 Q2 2026: $163.9M Q2 2026

Holdings 9 stocks · $149.4M
ITUB Itau Unibanco H-Spon PRF ADR 13.40% 2,889,659 $20.0M No change
VNM Vaneck Vietnam ETF 13.08% 1,405,831 $19.5M New
PBR Petroleo Brasileiro-Spon ADR 11.94% 1,172,682 $17.8M No change
ECH iShares MSCI Chile ETF 11.57% 650,828 $17.3M No change
BAP Credicorp Ltd. 11.56% 101,977 $17.3M No change
INDA iShares MSCI India ETF 10.82% 313,243 $16.2M Add +15.6%
HDB HDFC Bank Ltd.-ADR 10.55% 281,540 $15.8M No change
ASAIY Sendas Distribuidora SA 9.55% 965,775 $14.3M No change
PDD PDD Holdings Inc. 7.53% 96,818 $11.3M Reduce -22.9%

Options reported separately and not counted above: INDA puts ($52.1M), PDD puts ($11.0M).

Portfolio Sells Q4 2023 → Q1 2024
PDD PDD Holdings Inc. Reduce -22.9% 7.53% −5.94

Portfolio Buys Q4 2023 → Q1 2024
VNM Vaneck Vietnam ETF New 13.08% +13.08
INDA iShares MSCI India ETF Add +15.6% 10.82% +1.11

Options Activity Q4 2023 → Q1 2024
PDD PDD Holdings Inc. put New 94,300 $11.0M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 8$163.9MMMYT, ITUB, EWM, ACN, VIST
Q1 2026 8$173.9MACN, ITUB, PBR, ARGT, EWM
Q4 2025 7$140.4MITUB, MMYT, KWEB, EWM, HDB
Q3 2025Amended 8$157.0MKWEB, ITUB, MMYT, EWM, XP
Q2 2025 6$102.1MITUB, HDB, KWEB, ARGT, PBR
Q1 2025 7$109.2MKWEB, ITUB, PBR, HDB, ECH
Q4 2024 7$87.9MHDB, PBR, ITUB, ECH, KWEB
Q3 2024 7$92.3MITUB, PBR, HDB, ECH, KSPI
Q2 2024 6$82.9MPBR, ITUB, ECH, HDB, KSPI
Q1 2024 9$149.4MITUB, VNM, PBR, ECH, BAP