Northcape Capital Pty Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Northcape Capital Pty Ltd reported 8 stock positions worth $866.9 million. Its top holding was MercadoLibre (MELI) at 27.5% of the portfolio, followed by America Movil-SPN ADR Class L (AMOV, 25.4%) and HDFC Bank Ltd.-ADR (HDB, 21.2%). Compared with Q3 2025, it added to 8. The biggest buy was MercadoLibre (MELI, shares +46%).
- Most Recent 13F
- Q2 2026
- Location
- SYDNEY, C3
- CIK
- 0001686776
- Portfolio Value
- $866.9M (Q4 2025)
- SEC Filing
- 0001686776-26-000001 ↗ filed Jan 21, 2026
Holdings Value
Holdings 8 stocks · $866.9M
| MELI MercadoLibre Inc. | 27.50% | 116,848 | $238.4M | Add +46.1% |
| AMOV America Movil-SPN ADR Class L | 25.40% | 10,654,058 | $220.2M | Add +19.1% |
| HDB HDFC Bank Ltd.-ADR | 21.25% | 5,695,395 | $184.2M | Add +8.2% |
| ITUB Itau Unibanco H-Spon PRF ADR | 11.09% | 12,904,308 | $96.1M | Add +31.7% |
| PAC Grupo Aeroportuario Pac-ADR | 5.95% | 191,049 | $51.6M | Add +1.7% |
| FMX Fomento Economico Mex-SP ADR | 5.34% | 448,439 | $46.3M | Add +15.1% |
| TLK Telkom Indonesia Persero-ADR filed as P T TELEKOMUNIKASI INDONESIA | 3.14% | 1,256,211 | $27.2M | Add +111.5% |
| SPGI S&P Global Inc. | 0.34% | 5,663 | $2.9M | Add +0.6% |
Portfolio Sells Q3 2025 → Q4 2025
| None this quarter. | |||
Portfolio Buys Q3 2025 → Q4 2025
| MELI MercadoLibre Inc. | Add +46.1% | 27.50% | +1.66 |
| TLK Telkom Indonesia Persero-ADR | Add +111.5% | 3.14% | +1.59 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +31.7% | 11.09% | +1.15 |
| FMX Fomento Economico Mex-SP ADR | Add +15.1% | 5.34% | +0.03 |
| SPGI S&P Global Inc. | Add +0.6% | 0.34% | −0.04 |
| PAC Grupo Aeroportuario Pac-ADR | Add +1.7% | 5.95% | −0.21 |
| AMOV America Movil-SPN ADR Class L | Add +19.1% | 25.40% | −0.57 |
| HDB HDFC Bank Ltd.-ADR | Add +8.2% | 21.25% | −3.61 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 8 | $741.8M | AMOV, MELI, HDB, ITUB, FMX |
| Q1 2026 | 8 | $866.7M | AMOV, MELI, HDB, ITUB, FMX |
| Q4 2025 | 8 | $866.9M | MELI, AMOV, HDB, ITUB, PAC |
| Q3 2025 | 8 | $723.4M | AMOV, MELI, HDB, ITUB, PAC |
| Q2 2025 | 8 | $785.7M | HDB, MELI, AMOV, ITUB, PAC |
| Q4 2024 | 31 | $625.3M | HDB, AMOV, MELI, ITUB, PAC |
| Q3 2024 | 34 | $675.3M | MELI, AMOV, HDB, ITUB, FMX |
| Q2 2024 | 31 | $672.8M | AMOV, MELI, HDB, ITUB, FMX |
| Q1 2024 | 30 | $870.3M | TSM, AMOV, MELI, HDB, ITUB |