Cape Ann Asset Management Ltd
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Cape Ann Asset Management Ltd reported 8 stock positions worth $158.7 million. Its top holding was Kinross Gold (KGC) at 21.0% of the portfolio, followed by Credicorp (BAP, 18.6%) and Ternium SA-Sponsored ADR (TX, 13.9%). Compared with Q3 2024, it opened 2 new positions, added to 1 and reduced 5. The biggest buy was a new position in Banco Macro SA-ADR (BMA) and the biggest sale Ternium SA-Sponsored ADR (TX, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001768237
- Portfolio Value
- $158.7M (Q4 2024)
- SEC Filing
- 0000950123-25-001004 ↗ filed Feb 6, 2025
Holdings Value
Holdings 8 stocks · $158.7M
| KGC Kinross Gold Corp. | 20.95% | 3,587,338 | $33.3M | Reduce -7.3% |
| BAP Credicorp Ltd. | 18.63% | 161,278 | $29.6M | Reduce -24.6% |
| TX Ternium SA-Sponsored ADR | 13.89% | 758,149 | $22.0M | Reduce -12.2% |
| BMA Banco Macro SA-ADR | 12.73% | 208,800 | $20.2M | New |
| CPA Copa Holdings SA Class A | 12.72% | 229,800 | $20.2M | New |
| LAUR Laureate Education Inc. | 10.97% | 951,700 | $17.4M | Reduce -9.2% |
| JOYY Joyy Inc.-ADR | 6.71% | 254,436 | $10.6M | Reduce -46.6% |
| PBR.A Petroleo Brasil-SP Pref ADR | 3.39% | 454,611 | $5.4M | Add +30.7% |
Portfolio Sells Q3 2024 → Q4 2024
Portfolio Buys Q3 2024 → Q4 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 12 | $434.4M | KGC, VIST, ERO, TX, BMA |
| Q1 2026 | 11 | $440.3M | KGC, VIST, ERO, TX, BAP |
| Q4 2025 | 10 | $367.6M | KGC, ERO, BMA, TX, VIST |
| Q3 2025 | 11 | $296.8M | KGC, TX, BAP, LAUR, CPA |
| Q2 2025 | 9 | $233.5M | KGC, BAP, VIST, TX, CPA |
| Q1 2025Amended | 7 | $162.8M | KGC, BAP, TX, CPA, LAUR |
| Q4 2024 | 8 | $158.7M | KGC, BAP, TX, BMA, CPA |
| Q3 2024 | 6 | $146.1M | BAP, KGC, TX, LAUR, JOYY |
| Q2 2024 | 6 | $116.5M | BAP, TX, KGC, JOYY, PBR.A |
| Q1 2024 | 5 | $112.3M | BAP, TX, KGC, PBR.A, LU |