Seafarer Capital Partners, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Seafarer Capital Partners, LLC reported 6 stock positions worth $342.1 million. Its top holding was XP Class A (XP) at 25.9% of the portfolio, followed by Itau Unibanco H-Spon PRF ADR (ITUB, 20.6%) and Ambev SA-ADR (ABEV, 18.3%). Compared with Q4 2023, it added to 2 and reduced 1. The biggest buy was Ambev SA-ADR (ABEV, shares +30%) and the biggest sale Coca-Cola Femsa Sab-SP ADR (KOF, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- CORTE MADERA, CA
- CIK
- 0001697721
- Portfolio Value
- $342.1M (Q1 2024)
- SEC Filing
- 0001697721-24-000005 ↗ filed May 3, 2024
Holdings Value
Holdings 6 stocks · $342.1M
| XP XP Inc. Class A | 25.92% | 3,455,000 | $88.7M | No change |
| ITUB Itau Unibanco H-Spon PRF ADR | 20.61% | 10,174,000 | $70.5M | No change |
| ABEV Ambev SA-ADR | 18.27% | 25,199,000 | $62.5M | Add +29.9% |
| BAP Credicorp Ltd. | 17.66% | 356,500 | $60.4M | No change |
| BUD Anheuser-Busch Inbev-SPN ADR | 16.92% | 952,000 | $57.9M | Add +20.2% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.63% | 22,000 | $2.1M | Reduce -95.9% |
Portfolio Sells Q4 2023 → Q1 2024
| KOF Coca-Cola Femsa Sab-SP ADR | Reduce -95.9% | 0.63% | −12.99 |
Portfolio Buys Q4 2023 → Q1 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $433.9M | ITUB, BUD, BAP, ABEV, XP |
| Q1 2026 | 9 | $435.8M | ITUB, ABEV, BAP, XP, BUD |
| Q4 2025 | 9 | $385.0M | BAP, ITUB, ABEV, BUD, XP |
| Q3 2025 | 7 | $350.6M | ITUB, BAP, XP, ABEV, BUD |
| Q2 2025 | 7 | $366.2M | XP, ITUB, ABEV, BUD, BAP |
| Q1 2025 | 7 | $308.7M | ABEV, BUD, ITUB, XP, BAP |
| Q4 2024 | 7 | $263.0M | ABEV, BAP, BUD, ITUB, XP |
| Q3 2024 | 7 | $349.5M | ABEV, BUD, BAP, ITUB, XP |
| Q2 2024 | 6 | $293.0M | XP, ITUB, ABEV, BAP, BUD |
| Q1 2024 | 6 | $342.1M | XP, ITUB, ABEV, BAP, BUD |