Seafarer Capital Partners, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Seafarer Capital Partners, LLC reported 7 stock positions worth $308.7 million. Its top holding was Ambev SA-ADR (ABEV) at 21.9% of the portfolio, followed by Anheuser-Busch Inbev-SPN ADR (BUD, 20.3%) and Itau Unibanco H-Spon PRF ADR (ITUB, 19.9%). Compared with Q4 2024, it added to 1 and reduced 2. The biggest buy was Itau Unibanco H-Spon PRF ADR (ITUB, shares +10%) and the biggest sale Credicorp (BAP, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- CORTE MADERA, CA
- CIK
- 0001697721
- Portfolio Value
- $308.7M (Q1 2025)
- SEC Filing
- 0001697721-25-000004 ↗ filed May 7, 2025
Holdings Value
Holdings 7 stocks · $308.7M
| ABEV Ambev SA-ADR | 21.94% | 29,069,000 | $67.7M | Reduce -3.3% |
| BUD Anheuser-Busch Inbev-SPN ADR | 20.32% | 1,019,000 | $62.7M | No change |
| ITUB Itau Unibanco H-Spon PRF ADR | 19.94% | 11,191,400 | $61.6M | Add +10.0% |
| XP XP Inc. Class A | 19.43% | 4,071,000 | $60.0M | No change |
| BAP Credicorp Ltd. | 17.19% | 285,000 | $53.1M | Reduce -4.0% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.65% | 22,000 | $2.0M | No change |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.52% | 200,000 | $1.6M | No change |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| ITUB Itau Unibanco H-Spon PRF ADR | Add +10.0% | 19.94% | +0.75 |
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 |