Breakout Capital Partners, LP

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Breakout Capital Partners, LP reported 7 stock positions worth $92.3 million. Its top holding was Itau Unibanco H-Spon PRF ADR (ITUB) at 20.8% of the portfolio, followed by Petroleo Brasileiro-Spon ADR (PBR, 18.3%) and HDFC Bank Ltd.-ADR (HDB, 16.6%). Compared with Q2 2024, it opened 1 new position, added to 2 and reduced 1. The biggest buy was a new position in Kranesh Csi China Internet (KWEB) and the biggest sale iShares MSCI Chile ETF (ECH, shares −18%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001935243
Portfolio Value
$92.3M (Q3 2024)
SEC Filing
0001085146-24-005755 ↗ filed Nov 14, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $149.4M Q1 2024 Q2 2024: $82.9M Q2 2024 Q3 2024: $92.3M $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 7 stocks · $92.3M
ITUB Itau Unibanco H-Spon PRF ADR 20.82% 2,889,659 $19.2M No change
PBR Petroleo Brasileiro-Spon ADR 18.31% 1,172,682 $16.9M No change
HDB HDFC Bank Ltd.-ADR 16.60% 244,840 $15.3M No change
ECH iShares MSCI Chile ETF 15.86% 536,628 $14.6M Reduce -17.6%
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 15.04% 131,000 $13.9M Add +35.8%
KWEB Kranesh Csi China Internet 8.43% 228,800 $7.8M New
VNM Vaneck Vietnam ETF 4.93% 356,142 $4.6M Add +8.6%

Options reported separately and not counted above: KSPI puts ($10.6M).

Portfolio Sells Q2 2024 → Q3 2024
ECH iShares MSCI Chile ETF Reduce -17.6% 15.86% −4.45

Portfolio Buys Q2 2024 → Q3 2024
KWEB Kranesh Csi China Internet New 8.43% +8.43
VNM Vaneck Vietnam ETF Add +8.6% 4.93% +0.12
KSPI JSC Kaspi.kz ADR Add +35.8% 15.04% +0.03

Options Activity Q2 2024 → Q3 2024
KSPI JSC Kaspi.kz ADR put New 100,000 $10.6M

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