Moneda S.A. Administradora General de Fondos
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Moneda S.A. Administradora General de Fondos reported 32 stock positions worth $111.3 million. Its top holding was MercadoLibre (MELI) at 27.9% of the portfolio, followed by Grupo Aeromexico Sab DE CV (AERO, 5.9%) and iShares Core S&P 500 ETF (IVV, 5.8%). Compared with Q3 2025, it opened 6 new positions, added to 15 and reduced 5. The biggest buy was a new position in Grupo Aeromexico Sab DE CV (AERO) and the biggest sale Transportador Gas-ADR SP B (TGS, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- LAS CONDES, SANTIAGO, F3
- CIK
- 0001536361
- Portfolio Value
- $111.3M (Q4 2025)
- SEC Filing
- 0001420506-26-000493 ↗ filed Feb 17, 2026
Holdings Value
Holdings 32 stocks · $111.3M
| MELI MercadoLibre Inc. | 27.93% | 15,498 | $31.1M | Add +34.6% |
| AERO Grupo Aeromexico Sab DE CV | 5.92% | 300,000 | $6.6M | New |
| IVV iShares Core S&P 500 ETF | 5.83% | 9,480 | $6.5M | Add +9.0% |
| ACWI iShares MSCI Acwi ETF | 5.33% | 41,923 | $5.9M | Add +3.3% |
| AGG iShares Core U.S. Aggregate | 4.91% | 54,750 | $5.5M | Add +1.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.53% | 7,396 | $5.0M | Add +6.4% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 4.20% | 67,965 | $4.7M | New |
| PBR Petroleo Brasileiro-Spon ADR | 4.20% | 394,281 | $4.7M | Reduce -12.1% |
| PAM Pampa Energia SA-Spon ADR | 3.84% | 48,259 | $4.3M | Reduce -3.3% |
| TGS Transportador Gas-ADR SP B | 3.76% | 134,568 | $4.2M | Reduce -17.2% |
| VALE Vale SA-SP ADR | 3.15% | 269,619 | $3.5M | Reduce -16.2% |
| AAXJ iShares MSCI All Country Asi | 2.60% | 31,088 | $2.9M | Add +19.0% |
| BVN Cia DE Minas Buenaventur-ADR filed as COMPANIA DE MINAS BUENAVENTU | 2.45% | 98,098 | $2.7M | New |
| ILF iShares Latin America 40 ETF | 2.43% | 88,952 | $2.7M | Add +6.8% |
| MCHI iShares MSCI China ETF | 2.35% | 43,482 | $2.6M | No change |
| EWC iShares MSCI Canada ETF | 2.33% | 48,085 | $2.6M | Add +2.1% |
| LOMA Loma Negra Cia Ind-Spon ADR | 2.16% | 185,608 | $2.4M | No change |
| BND Vanguard Total Bond Market | 1.93% | 28,940 | $2.1M | No change |
| VIST Vista Energy Sab DE CV | 1.36% | 31,085 | $1.5M | Reduce -24.1% |
| EWY iShares MSCI South Korea ETF | 1.27% | 14,602 | $1.4M | Add +21.8% |
| EZA iShares MSCI South Africa Et | 1.18% | 19,138 | $1.3M | Add +10.8% |
| EEM iShares MSCI Emerging Market | 1.13% | 23,088 | $1.3M | Add +54.5% |
| KSA Ishrs MSCI Saudi Arabia ETF | 0.95% | 29,121 | $1.1M | Add +12.4% |
| PAAS Pan American Silver Corp. | 0.75% | 16,093 | $834K | No change |
| EWA iShares MSCI Australia ETF | 0.73% | 31,006 | $812K | No change |
| INDA iShares MSCI India ETF | 0.62% | 12,676 | $685K | Add +28.3% |
| IEMG iShares Core MSCI Emerging | 0.53% | 8,855 | $595K | New |
| UAE iShares MSCI Uae ETF | 0.47% | 27,210 | $520K | Add +11.1% |
| URTH iShares MSCI World ETF | 0.43% | 2,579 | $479K | New |
| MP MP Materials Corp. | 0.30% | 6,688 | $338K | No change |
| EWJ iShares MSCI Japan ETF | 0.26% | 3,609 | $291K | Add +20.6% |
| QAT iShares MSCI Qatar ETF | 0.18% | 10,449 | $197K | New |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
| AERO Grupo Aeromexico Sab DE CV | New | 5.92% | +5.92 |
| SQM Quimica Y Minera Chil-SP ADR | New | 4.20% | +4.20 |
| BVN Cia DE Minas Buenaventur-ADR | New | 2.45% | +2.45 |
| IEMG iShares Core MSCI Emerging | New | 0.53% | +0.53 |
| URTH iShares MSCI World ETF | New | 0.43% | +0.43 |
| EEM iShares MSCI Emerging Market | Add +54.5% | 1.13% | +0.22 |
| QAT iShares MSCI Qatar ETF | New | 0.18% | +0.18 |
| INDA iShares MSCI India ETF | Add +28.3% | 0.62% | +0.03 |
| EWY iShares MSCI South Korea ETF | Add +21.8% | 1.27% | −0.01 |
| EWJ iShares MSCI Japan ETF | Add +20.6% | 0.26% | −0.01 |
| EZA iShares MSCI South Africa Et | Add +10.8% | 1.18% | −0.03 |
| UAE iShares MSCI Uae ETF | Add +11.1% | 0.47% | −0.07 |
| AAXJ iShares MSCI All Country Asi | Add +19.0% | 2.60% | −0.13 |
| KSA Ishrs MSCI Saudi Arabia ETF | Add +12.4% | 0.95% | −0.20 |
| ILF iShares Latin America 40 ETF | Add +6.8% | 2.43% | −0.27 |
| EWC iShares MSCI Canada ETF | Add +2.1% | 2.33% | −0.31 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.4% | 4.53% | −0.71 |
| IVV iShares Core S&P 500 ETF | Add +9.0% | 5.83% | −0.75 |
| ACWI iShares MSCI Acwi ETF | Add +3.3% | 5.33% | −1.01 |
| AGG iShares Core U.S. Aggregate | Add +1.9% | 4.91% | −1.06 |
| MELI MercadoLibre Inc. | Add +34.6% | 27.93% | −1.64 |
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 |