Breakout Capital Partners, LP

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Breakout Capital Partners, LP reported 7 stock positions worth $109.2 million. Its top holding was Kranesh Csi China Internet (KWEB) at 17.0% of the portfolio, followed by Itau Unibanco H-Spon PRF ADR (ITUB, 16.0%) and Petroleo Brasileiro-Spon ADR (PBR, 15.4%). Compared with Q4 2024, it opened 1 new position, sold out of 1 and added to 2. The biggest buy was a new position in iShares MSCI Malaysia ETF (EWM) and the biggest sale an exit from Vaneck Vietnam ETF (VNM).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001935243
Portfolio Value
$109.2M (Q1 2025)
SEC Filing
0001085146-25-003316 ↗ filed May 15, 2025

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 Q3 2024 Q4 2024: $87.9M Q4 2024 Q1 2025: $109.2M $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 · $109.2M
KWEB Kranesh Csi China Internet 17.01% 531,900 $18.6M Add +20.1%
ITUB Itau Unibanco H-Spon PRF ADR 16.01% 3,178,624 $17.5M Add +10.0%
PBR Petroleo Brasileiro-Spon ADR 15.40% 1,172,682 $16.8M No change
HDB HDFC Bank Ltd.-ADR 14.90% 244,840 $16.3M No change
ECH iShares MSCI Chile ETF 14.66% 536,628 $16.0M No change
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 11.14% 131,000 $12.2M No change
EWM iShares MSCI Malaysia ETF 10.88% 514,476 $11.9M New

Portfolio Sells Q4 2024 → Q1 2025
VNM Vaneck Vietnam ETF Sold out 0.00% −4.65

Portfolio Buys Q4 2024 → Q1 2025
EWM iShares MSCI Malaysia ETF New 10.88% +10.88
KWEB Kranesh Csi China Internet Add +20.1% 17.01% +2.29
ITUB Itau Unibanco H-Spon PRF ADR Add +10.0% 16.01% −0.29

Options Activity Q4 2024 → Q1 2025
KSPI JSC Kaspi.kz ADR put Sold out 99,800 $9.5Mbefore exit

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