Cape Ann Asset Management Ltd

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Cape Ann Asset Management Ltd reported 6 stock positions worth $116.5 million. Its top holding was Credicorp (BAP) at 29.8% of the portfolio, followed by Ternium SA-Sponsored ADR (TX, 28.0%) and Kinross Gold (KGC, 27.8%). Compared with Q1 2024, it opened 1 new position, added to 1 and reduced 4. The biggest buy was a new position in Joyy Inc.-ADR (JOYY) and the biggest sale Ternium SA-Sponsored ADR (TX, shares −0%).

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001768237
Portfolio Value
$116.5M (Q2 2024)
SEC Filing
0000950123-24-008299 ↗ filed Aug 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $112.3M Q1 2024 Q2 2024: $116.5M $116.5M Q2 2024 Q3 2024: $146.1M Q3 2024 Q4 2024: $158.7M Q4 2024 Q1 2025: $162.8M Q1 2025 Q2 2025: $233.5M Q2 2025 Q3 2025: $296.8M Q3 2025 Q4 2025: $367.6M Q4 2025 Q1 2026: $440.3M Q1 2026 Q2 2026: $434.4M Q2 2026

Holdings 6 stocks · $116.5M
BAP Credicorp Ltd. 29.77% 214,978 $34.7M Reduce -1.0%
TX Ternium SA-Sponsored ADR 27.98% 868,185 $32.6M Reduce -0.4%
KGC Kinross Gold Corp. 27.76% 3,887,863 $32.3M Reduce -20.0%
JOYY Joyy Inc.-ADR 8.33% 322,700 $9.7M New
PBR.A Petroleo Brasil-SP Pref ADR 3.98% 340,310 $4.6M Add +2.1%
LU Lufax Holding Ltd. Sponsored ADR 2.17% 1,066,930 $2.5M Reduce -0.3%

Portfolio Sells Q1 2024 → Q2 2024
TX Ternium SA-Sponsored ADR Reduce -0.4% 27.98% −4.31
BAP Credicorp Ltd. Reduce -1.0% 29.77% −2.97
LU Lufax Holding Ltd. Sponsored ADR Reduce -0.3% 2.17% −1.85
KGC Kinross Gold Corp. Reduce -20.0% 27.76% +1.24

Portfolio Buys Q1 2024 → Q2 2024
JOYY Joyy Inc.-ADR New 8.33% +8.33
PBR.A Petroleo Brasil-SP Pref ADR Add +2.1% 3.98% −0.44

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 12$434.4MKGC, VIST, ERO, TX, BMA
Q1 2026 11$440.3MKGC, VIST, ERO, TX, BAP
Q4 2025 10$367.6MKGC, ERO, BMA, TX, VIST
Q3 2025 11$296.8MKGC, TX, BAP, LAUR, CPA
Q2 2025 9$233.5MKGC, BAP, VIST, TX, CPA
Q1 2025Amended 7$162.8MKGC, BAP, TX, CPA, LAUR
Q4 2024 8$158.7MKGC, BAP, TX, BMA, CPA
Q3 2024 6$146.1MBAP, KGC, TX, LAUR, JOYY
Q2 2024 6$116.5MBAP, TX, KGC, JOYY, PBR.A
Q1 2024 5$112.3MBAP, TX, KGC, PBR.A, LU