Moneda S.A. Administradora General de Fondos
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Moneda S.A. Administradora General de Fondos reported 25 stock positions worth $96.2 million. Its top holding was MercadoLibre (MELI) at 22.9% of the portfolio, followed by Vale SA-SP ADR (VALE, 14.9%) and Petroleo Brasileiro-Spon ADR (PBR, 11.6%). Compared with Q3 2024, it opened 2 new positions, sold out of 2, added to 8 and reduced 9. The biggest buy was a new position in Cemex Sab-Spons ADR Part Cer (CX) and the biggest sale Vale SA-SP ADR (VALE, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- LAS CONDES, SANTIAGO, F3
- CIK
- 0001536361
- Portfolio Value
- $96.2M (Q4 2024)
- SEC Filing
- 0001420506-25-000161 ↗ filed Feb 6, 2025
Holdings Value
Holdings 25 stocks · $96.2M
| MELI MercadoLibre Inc. | 22.94% | 12,989 | $22.1M | Add +9.4% |
| VALE Vale SA-SP ADR | 14.89% | 1,614,394 | $14.3M | Reduce -36.6% |
| PBR Petroleo Brasileiro-Spon ADR | 11.61% | 868,082 | $11.2M | Reduce -36.6% |
| AGG iShares Core U.S. Aggregate | 7.57% | 75,102 | $7.3M | Add +8.5% |
| ACWI iShares MSCI Acwi ETF | 5.75% | 47,049 | $5.5M | Add +2.5% |
| IVV iShares Core S&P 500 ETF | 5.33% | 8,700 | $5.1M | No change |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 4.53% | 119,691 | $4.4M | Add +493.7% |
| CX Cemex Sab-Spons ADR Part Cer | 4.21% | 717,736 | $4.0M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.68% | 6,039 | $3.5M | Add +6.7% |
| BANCOLOMBIA S.A.-SPONS ADR | 2.31% | 70,376 | $2.2M | New |
| VLRS Controladora Vuela Cia-ADR | 2.16% | 279,732 | $2.1M | Reduce -44.5% |
| BND Vanguard Total Bond Market | 2.11% | 28,250 | $2.0M | No change |
| AAXJ iShares MSCI All Country Asi | 1.97% | 26,238 | $1.9M | Reduce -9.4% |
| MCHI iShares MSCI China ETF | 1.90% | 39,065 | $1.8M | Add +10.8% |
| EWC iShares MSCI Canada ETF | 1.87% | 44,605 | $1.8M | Add +2.1% |
| ILF iShares Latin America 40 ETF | 1.51% | 69,641 | $1.5M | No change |
| KSA Ishrs MSCI Saudi Arabia ETF | 1.08% | 25,380 | $1.0M | Reduce -15.2% |
| EWA iShares MSCI Australia ETF | 0.87% | 34,988 | $835K | Reduce -31.7% |
| EZA iShares MSCI South Africa Et | 0.82% | 18,757 | $786K | Reduce -9.4% |
| INDA iShares MSCI India ETF | 0.64% | 11,767 | $619K | No change |
| EWY iShares MSCI South Korea ETF | 0.63% | 11,989 | $610K | No change |
| EEM iShares MSCI Emerging Market | 0.58% | 13,307 | $556K | Add +5.9% |
| UAE iShares MSCI Uae ETF | 0.41% | 24,008 | $395K | Reduce -7.8% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.37% | 4,481 | $352K | Reduce -48.0% |
| MBB iShares MBS ETF | 0.27% | 2,873 | $263K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| VALE Vale SA-SP ADR | Reduce -36.6% | 14.89% | −9.68 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -36.6% | 11.61% | −4.69 |
| GGB Gerdau SA -Spon ADR | Sold out | 0.00% | −4.16 |
| VLRS Controladora Vuela Cia-ADR | Reduce -44.5% | 2.16% | −0.47 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −0.37 |
| EWA iShares MSCI Australia ETF | Reduce -31.7% | 0.87% | −0.28 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -48.0% | 0.37% | −0.21 |
| EZA iShares MSCI South Africa Et | Reduce -9.4% | 0.82% | −0.04 |
| KSA Ishrs MSCI Saudi Arabia ETF | Reduce -15.2% | 1.08% | +0.02 |
| UAE iShares MSCI Uae ETF | Reduce -7.8% | 0.41% | +0.08 |
| AAXJ iShares MSCI All Country Asi | Reduce -9.4% | 1.97% | +0.09 |
Portfolio Buys Q3 2024 → Q4 2024
| CX Cemex Sab-Spons ADR Part Cer | New | 4.21% | +4.21 |
| SQM Quimica Y Minera Chil-SP ADR | Add +493.7% | 4.53% | +3.83 |
| MELI MercadoLibre Inc. | Add +9.4% | 22.94% | +2.81 |
| BANCOLOMBIA S.A.-SPONS ADR | New | 2.31% | +2.31 |
| AGG iShares Core U.S. Aggregate | Add +8.5% | 7.57% | +1.77 |
| ACWI iShares MSCI Acwi ETF | Add +2.5% | 5.75% | +1.21 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.7% | 3.68% | +1.00 |
| MCHI iShares MSCI China ETF | Add +10.8% | 1.90% | +0.42 |
| EWC iShares MSCI Canada ETF | Add +2.1% | 1.87% | +0.37 |
| EEM iShares MSCI Emerging Market | Add +5.9% | 0.58% | +0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 31 | $122.0M | MELI, IVV, VALE, ACWI, CIB |
| Q1 2026 | 25 | $122.6M | MELI, VALE, SQM, CIB, PBR |
| Q4 2025 | 32 | $111.3M | MELI, AERO, IVV, ACWI, AGG |
| Q3 2025 | 26 | $90.6M | MELI, IVV, ACWI, AGG, PBR |
| Q2 2025 | 25 | $92.3M | MELI, AGG, PBR, ACWI, IVV |
| Q1 2025 | 26 | $93.2M | MELI, PBR, AGG, VALE, ACWI |
| Q4 2024 | 25 | $96.2M | MELI, VALE, PBR, AGG, ACWI |
| Q3 2024 | 25 | $121.0M | VALE, MELI, PBR, AGG, ACWI |
| Q2 2024 | 26 | $142.3M | PBR, MELI, VALE, CX, GGB |
| Q1 2024 | 25 | $178.1M | PBR, VALE, MELI, CX, GGB |