Moneda S.A. Administradora General de Fondos
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Moneda S.A. Administradora General de Fondos reported 25 stock positions worth $92.3 million. Its top holding was MercadoLibre (MELI) at 30.5% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 7.3%) and Petroleo Brasileiro-Spon ADR (PBR, 6.9%). Compared with Q1 2025, it opened 3 new positions, sold out of 4, added to 4 and reduced 13. The biggest buy was Cia DE Minas Buenaventur-ADR (BVN, shares +281%) and the biggest sale Petroleo Brasileiro-Spon ADR (PBR, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- LAS CONDES, SANTIAGO, F3
- CIK
- 0001536361
- Portfolio Value
- $92.3M (Q2 2025)
- SEC Filing
- 0001420506-25-002147 ↗ filed Aug 14, 2025
Holdings Value
Holdings 25 stocks · $92.3M
| MELI MercadoLibre Inc. | 30.49% | 10,764 | $28.1M | Reduce -31.5% |
| AGG iShares Core U.S. Aggregate | 7.28% | 67,712 | $6.7M | Reduce -10.7% |
| PBR Petroleo Brasileiro-Spon ADR | 6.92% | 510,578 | $6.4M | Reduce -21.4% |
| ACWI iShares MSCI Acwi ETF | 6.07% | 43,523 | $5.6M | Reduce -11.6% |
| IVV iShares Core S&P 500 ETF | 5.85% | 8,700 | $5.4M | No change |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 5.61% | 315,004 | $5.2M | Add +281.1% |
| VALE Vale SA-SP ADR | 5.10% | 484,435 | $4.7M | Reduce -23.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.66% | 6,954 | $4.3M | Reduce -1.1% |
| GGAL Grupo Financiero Galicia-ADR | 3.64% | 66,660 | $3.4M | New |
| MCHI iShares MSCI China ETF | 2.50% | 41,842 | $2.3M | Add +2.4% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 2.49% | 65,071 | $2.3M | Reduce -30.7% |
| VIST Vista Energy Sab DE CV | 2.37% | 45,723 | $2.2M | New |
| EWC iShares MSCI Canada ETF | 2.36% | 47,090 | $2.2M | No change |
| BND Vanguard Total Bond Market | 2.31% | 28,940 | $2.1M | Add +2.4% |
| LOMA Loma Negra Cia Ind-Spon ADR | 2.26% | 189,835 | $2.1M | New |
| AAXJ iShares MSCI All Country Asi | 2.20% | 24,586 | $2.0M | Reduce -32.6% |
| ILF iShares Latin America 40 ETF | 1.97% | 69,518 | $1.8M | Reduce -1.4% |
| EZA iShares MSCI South Africa Et | 1.01% | 17,274 | $928K | Reduce -4.6% |
| KSA Ishrs MSCI Saudi Arabia ETF | 0.99% | 23,728 | $914K | Reduce -9.5% |
| EWY iShares MSCI South Korea ETF | 0.93% | 11,989 | $861K | No change |
| EWA iShares MSCI Australia ETF | 0.88% | 31,006 | $816K | Add +45.3% |
| EEM iShares MSCI Emerging Market | 0.71% | 13,659 | $659K | Reduce -3.2% |
| INDA iShares MSCI India ETF | 0.71% | 11,767 | $655K | No change |
| UAE iShares MSCI Uae ETF | 0.44% | 21,883 | $410K | Reduce -12.0% |
| EWJ iShares MSCI Japan ETF | 0.24% | 2,993 | $224K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| PBR Petroleo Brasileiro-Spon ADR | Reduce -21.4% | 6.92% | −3.07 |
| MELI MercadoLibre Inc. | Reduce -31.5% | 30.49% | −2.38 |
| SCCO Southern Copper Corp. | Sold out | 0.00% | −2.16 |
| VALE Vale SA-SP ADR | Reduce -23.5% | 5.10% | −1.68 |
| VLRS Controladora Vuela Cia-ADR | Sold out | 0.00% | −1.65 |
| SQM Quimica Y Minera Chil-SP ADR | Reduce -30.7% | 2.49% | −1.51 |
| AGG iShares Core U.S. Aggregate | Reduce -10.7% | 7.28% | −0.77 |
| AAXJ iShares MSCI All Country Asi | Reduce -32.6% | 2.20% | −0.70 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.54 |
| MBB iShares MBS ETF | Sold out | 0.00% | −0.29 |
| KSA Ishrs MSCI Saudi Arabia ETF | Reduce -9.5% | 0.99% | −0.17 |
| ACWI iShares MSCI Acwi ETF | Reduce -11.6% | 6.07% | −0.08 |
| UAE iShares MSCI Uae ETF | Reduce -12.0% | 0.44% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -3.2% | 0.71% | +0.05 |
| EZA iShares MSCI South Africa Et | Reduce -4.6% | 1.01% | +0.07 |
| ILF iShares Latin America 40 ETF | Reduce -1.4% | 1.97% | +0.19 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.1% | 4.66% | +0.44 |
Portfolio Buys Q1 2025 → Q2 2025
| BVN Cia DE Minas Buenaventur-ADR | Add +281.1% | 5.61% | +4.22 |
| GGAL Grupo Financiero Galicia-ADR | New | 3.64% | +3.64 |
| VIST Vista Energy Sab DE CV | New | 2.37% | +2.37 |
| LOMA Loma Negra Cia Ind-Spon ADR | New | 2.26% | +2.26 |
| EWA iShares MSCI Australia ETF | Add +45.3% | 0.88% | +0.35 |
| MCHI iShares MSCI China ETF | Add +2.4% | 2.50% | +0.11 |
| BND Vanguard Total Bond Market | Add +2.4% | 2.31% | +0.08 |
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 |