Seafarer Capital Partners, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Seafarer Capital Partners, LLC reported 7 stock positions worth $366.2 million. Its top holding was XP Class A (XP) at 22.5% of the portfolio, followed by Itau Unibanco H-Spon PRF ADR (ITUB, 20.8%) and Ambev SA-ADR (ABEV, 19.1%). Compared with Q1 2025, it added to 1. The biggest buy was Arcos Dorados Class A (ARCO, shares +30%).
- Most Recent 13F
- Q2 2026
- Location
- CORTE MADERA, CA
- CIK
- 0001697721
- Portfolio Value
- $366.2M (Q2 2025)
- SEC Filing
- 0001697721-25-000007 ↗ filed Aug 5, 2025
Holdings Value
Holdings 7 stocks · $366.2M
| XP XP Inc. Class A | 22.46% | 4,071,000 | $82.2M | No change |
| ITUB Itau Unibanco H-Spon PRF ADR | 20.75% | 11,191,400 | $76.0M | No change |
| ABEV Ambev SA-ADR | 19.13% | 29,069,000 | $70.1M | No change |
| BUD Anheuser-Busch Inbev-SPN ADR | 19.12% | 1,019,000 | $70.0M | No change |
| BAP Credicorp Ltd. | 17.40% | 285,000 | $63.7M | No change |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.58% | 22,000 | $2.1M | No change |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.56% | 260,000 | $2.1M | Add +30.0% |
Portfolio Sells Q1 2025 → Q2 2025
| None this quarter. | |||
Portfolio Buys Q1 2025 → Q2 2025
| ARCO Arcos Dorados Holdings Inc. Class A | Add +30.0% | 0.56% | +0.04 |
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 |