Moneda S.A. Administradora General de Fondos
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Moneda S.A. Administradora General de Fondos reported 26 stock positions worth $93.2 million. Its top holding was MercadoLibre (MELI) at 32.9% of the portfolio, followed by Petroleo Brasileiro-Spon ADR (PBR, 10.0%) and iShares Core U.S. Aggregate (AGG, 8.0%). Compared with Q4 2024, it opened 3 new positions, sold out of 2, added to 13 and reduced 5. The biggest buy was MercadoLibre (MELI, shares +21%) and the biggest sale Vale SA-SP ADR (VALE, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- LAS CONDES, SANTIAGO, F3
- CIK
- 0001536361
- Portfolio Value
- $93.2M (Q1 2025)
- SEC Filing
- 0001420506-25-000887 ↗ filed May 6, 2025
Holdings Value
Holdings 26 stocks · $93.2M
| MELI MercadoLibre Inc. | 32.87% | 15,712 | $30.6M | Add +21.0% |
| PBR Petroleo Brasileiro-Spon ADR | 10.00% | 649,649 | $9.3M | Reduce -25.2% |
| AGG iShares Core U.S. Aggregate | 8.05% | 75,811 | $7.5M | Add +0.9% |
| VALE Vale SA-SP ADR | 6.78% | 633,255 | $6.3M | Reduce -60.8% |
| ACWI iShares MSCI Acwi ETF | 6.15% | 49,215 | $5.7M | Add +4.6% |
| IVV iShares Core S&P 500 ETF | 5.25% | 8,700 | $4.9M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.22% | 7,030 | $3.9M | Add +16.4% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 4.00% | 93,840 | $3.7M | Reduce -21.6% |
| AAXJ iShares MSCI All Country Asi | 2.90% | 36,483 | $2.7M | Add +39.0% |
| MCHI iShares MSCI China ETF | 2.39% | 40,855 | $2.2M | Add +4.6% |
| BND Vanguard Total Bond Market | 2.23% | 28,250 | $2.1M | No change |
| SCCO Southern Copper Corp. | 2.16% | 21,515 | $2.0M | New |
| EWC iShares MSCI Canada ETF | 2.06% | 47,090 | $1.9M | Add +5.6% |
| ILF iShares Latin America 40 ETF | 1.78% | 70,514 | $1.7M | Add +1.3% |
| VLRS Controladora Vuela Cia-ADR | 1.65% | 294,457 | $1.5M | Add +5.3% |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 1.39% | 82,662 | $1.3M | New |
| KSA Ishrs MSCI Saudi Arabia ETF | 1.16% | 26,212 | $1.1M | Add +3.3% |
| EZA iShares MSCI South Africa Et | 0.94% | 18,111 | $872K | Reduce -3.4% |
| EWY iShares MSCI South Korea ETF | 0.70% | 11,989 | $648K | No change |
| EEM iShares MSCI Emerging Market | 0.66% | 14,104 | $616K | Add +6.0% |
| INDA iShares MSCI India ETF | 0.65% | 11,767 | $606K | No change |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.54% | 6,364 | $502K | Add +42.0% |
| EWA iShares MSCI Australia ETF | 0.54% | 21,336 | $500K | Reduce -39.0% |
| UAE iShares MSCI Uae ETF | 0.45% | 24,863 | $422K | Add +3.6% |
| MBB iShares MBS ETF | 0.29% | 2,873 | $269K | No change |
| EWJ iShares MSCI Japan ETF | 0.22% | 2,993 | $205K | New |
Portfolio Sells Q4 2024 → Q1 2025
| VALE Vale SA-SP ADR | Reduce -60.8% | 6.78% | −8.11 |
| CX Cemex Sab-Spons ADR Part Cer | Sold out | 0.00% | −4.21 |
| BANCOLOMBIA S.A.-SPONS ADR | Sold out | 0.00% | −2.31 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -25.2% | 10.00% | −1.61 |
| SQM Quimica Y Minera Chil-SP ADR | Reduce -21.6% | 4.00% | −0.52 |
| EWA iShares MSCI Australia ETF | Reduce -39.0% | 0.54% | −0.33 |
| EZA iShares MSCI South Africa Et | Reduce -3.4% | 0.94% | +0.12 |
Portfolio Buys Q4 2024 → Q1 2025
| MELI MercadoLibre Inc. | Add +21.0% | 32.87% | +9.93 |
| SCCO Southern Copper Corp. | New | 2.16% | +2.16 |
| BVN Cia DE Minas Buenaventur-ADR | New | 1.39% | +1.39 |
| AAXJ iShares MSCI All Country Asi | Add +39.0% | 2.90% | +0.93 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +16.4% | 4.22% | +0.54 |
| MCHI iShares MSCI China ETF | Add +4.6% | 2.39% | +0.48 |
| AGG iShares Core U.S. Aggregate | Add +0.9% | 8.05% | +0.48 |
| ACWI iShares MSCI Acwi ETF | Add +4.6% | 6.15% | +0.40 |
| ILF iShares Latin America 40 ETF | Add +1.3% | 1.78% | +0.27 |
| EWJ iShares MSCI Japan ETF | New | 0.22% | +0.22 |
| EWC iShares MSCI Canada ETF | Add +5.6% | 2.06% | +0.19 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +42.0% | 0.54% | +0.17 |
| KSA Ishrs MSCI Saudi Arabia ETF | Add +3.3% | 1.16% | +0.09 |
| EEM iShares MSCI Emerging Market | Add +6.0% | 0.66% | +0.08 |
| UAE iShares MSCI Uae ETF | Add +3.6% | 0.45% | +0.04 |
| VLRS Controladora Vuela Cia-ADR | Add +5.3% | 1.65% | −0.51 |
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 |