Filed: 2/6/2025ACC: 0001085146-25-000852
📋 What this filing means
FOURTH SAIL CAPITAL LP filed this quarterly 13F‑HR report disclosing 21 equity positions with a total reported market value of $336.40M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
21
Positions
$336.40M
Total AUM (reported)
39.81M
Total Shares
Allocation by class
COM$71.08M21.1%
ORD SHS$54.54M16.2%
SPONSORED ADS$47.50M14.1%
CL A$33.22M9.9%
ADS$28.42M8.4%
SPONSORED ADR$27.37M8.1%
SHS$22.49M6.7%
Portfolio Concentration
Top 3$114.26M34.0%
4–10$140.59M41.8%
11–25$81.56M24.2%
Top 3 weight
34.0%
Top 10 weight
75.8%
Voting Authority Distribution
Total shares with voting rights: 39.81M
Sole
Full voting authority
39.81M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole21
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings21
Rows:
MAC COPPER LIMITED
SOLEShares5.14M
TypeSH
Market value$54.54M
16.21%
Sole
5.14M
Shared
0.00
None
0.00
VALE S A
SOLEShares3.53M
TypeSH
Market value$31.30M
9.31%
Sole
3.53M
Shared
0.00
None
0.00
ENDAVA PLC
SOLEShares919.62K
TypeSH
Market value$28.42M
8.45%
Sole
919.62K
Shared
0.00
None
0.00
GRUPO FINANCIERO GALICIA S.A
SOLEShares439.17K
TypeSH
Market value$27.37M
8.14%
Sole
439.17K
Shared
0.00
None
0.00
CORPORACION AMER ARPTS S A
SOLEShares1.45M
TypeSH
Market value$27.13M
8.07%
Sole
1.45M
Shared
0.00
None
0.00
BIOCERES CROP SOLUTIONS CORP
SOLEShares3.70M
TypeSH
Market value$22.49M
6.69%
Sole
3.70M
Shared
0.00
None
0.00
COPA HOLDINGS SA
SOLEShares207.79K
TypeSH
Market value$18.26M
5.43%
Sole
207.79K
Shared
0.00
None
0.00
BANCO BBVA ARGENTINA S A
SOLEShares849.80K
TypeSH
Market value$16.20M
4.81%
Sole
849.80K
Shared
0.00
None
0.00
GRID DYNAMICS HLDGS INC
SOLEShares672.66K
TypeSH
Market value$14.96M
4.45%
Sole
672.66K
Shared
0.00
None
0.00
VTEX
SOLEShares2.41M
TypeSH
Market value$14.18M
4.22%
Sole
2.41M
Shared
0.00
None
0.00
CREDICORP LTD
SOLEShares75.55K
TypeSH
Market value$13.85M
4.12%
Sole
75.55K
Shared
0.00
None
0.00
UR-ENERGY INC
SOLEShares11.86M
TypeSH
Market value$13.64M
4.05%
Sole
11.86M
Shared
0.00
None
0.00
DLOCAL LTD
SOLEShares1.19M
TypeSH
Market value$13.37M
3.98%
Sole
1.19M
Shared
0.00
None
0.00
POPULAR INC
SOLEShares116.40K
TypeSH
Market value$10.95M
3.25%
Sole
116.40K
Shared
0.00
None
0.00
PERPETUA RESOURCES CORP
SOLEShares822.29K
TypeSH
Market value$8.77M
2.61%
Sole
822.29K
Shared
0.00
None
0.00
DAKOTA GOLD CORP
SOLEShares2.71M
TypeSH
Market value$5.69M
1.69%
Sole
2.71M
Shared
0.00
None
0.00
DAKOTA GOLD CORP
SOLEShares2.71M
TypeSH
Market value$5.69M
1.69%
Sole
2.71M
Shared
0.00
None
0.00
YPF SOCIEDAD ANONIMA
SOLEShares133.31K
TypeSH
Market value$5.67M
1.68%
Sole
133.31K
Shared
0.00
None
0.00
EZCORP INC
SOLEShares158.58K
TypeSH
Market value$1.94M
0.58%
Sole
158.58K
Shared
0.00
None
0.00
URANIUM RTY CORP
SOLEShares582.71K
TypeSH
Market value$1.28M
0.38%
Sole
582.71K
Shared
0.00
None
0.00
EQUINOX GOLD CORP
SOLEShares144.71K
TypeSH
Market value$726.4K
0.22%
Sole
144.71K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MAC COPPER LIMITEDSOLE | ORD SHS | 5.14M | SH | $54.54M 16.21% | 5.14M | 0.00 | 0.00 |
VALE S ASOLE | SPONSORED ADS | 3.53M | SH | $31.30M 9.31% | 3.53M | 0.00 | 0.00 |
ENDAVA PLCSOLE | ADS | 919.62K | SH | $28.42M 8.45% | 919.62K | 0.00 | 0.00 |
GRUPO FINANCIERO GALICIA S.ASOLE | SPONSORED ADR | 439.17K | SH | $27.37M 8.14% | 439.17K | 0.00 | 0.00 |
CORPORACION AMER ARPTS S ASOLE | COM | 1.45M | SH | $27.13M 8.07% | 1.45M | 0.00 | 0.00 |
BIOCERES CROP SOLUTIONS CORPSOLE | SHS | 3.70M | SH | $22.49M 6.69% | 3.70M | 0.00 | 0.00 |
COPA HOLDINGS SASOLE | CL A | 207.79K | SH | $18.26M 5.43% | 207.79K | 0.00 | 0.00 |
BANCO BBVA ARGENTINA S ASOLE | SPONSORED ADS | 849.80K | SH | $16.20M 4.81% | 849.80K | 0.00 | 0.00 |
GRID DYNAMICS HLDGS INCSOLE | CL A | 672.66K | SH | $14.96M 4.45% | 672.66K | 0.00 | 0.00 |
VTEXSOLE | SHS CL A | 2.41M | SH | $14.18M 4.22% | 2.41M | 0.00 | 0.00 |
CREDICORP LTDSOLE | COM | 75.55K | SH | $13.85M 4.12% | 75.55K | 0.00 | 0.00 |
UR-ENERGY INCSOLE | COM | 11.86M | SH | $13.64M 4.05% | 11.86M | 0.00 | 0.00 |
DLOCAL LTDSOLE | CLASS A COM | 1.19M | SH | $13.37M 3.98% | 1.19M | 0.00 | 0.00 |
POPULAR INCSOLE | COM NEW | 116.40K | SH | $10.95M 3.25% | 116.40K | 0.00 | 0.00 |
PERPETUA RESOURCES CORPSOLE | COM | 822.29K | SH | $8.77M 2.61% | 822.29K | 0.00 | 0.00 |
DAKOTA GOLD CORPSOLE | COM | 2.71M | SH | $5.69M 1.69% | 2.71M | 0.00 | 0.00 |
DAKOTA GOLD CORPSOLE | *W EXP 03/15/202 | 2.71M | SH | $5.69M 1.69% | 2.71M | 0.00 | 0.00 |
YPF SOCIEDAD ANONIMASOLE | SPON ADR CL D | 133.31K | SH | $5.67M 1.68% | 133.31K | 0.00 | 0.00 |
EZCORP INCSOLE | CL A NON VTG | 158.58K | SH | $1.94M 0.58% | 158.58K | 0.00 | 0.00 |
URANIUM RTY CORPSOLE | COM | 582.71K | SH | $1.28M 0.38% | 582.71K | 0.00 | 0.00 |
EQUINOX GOLD CORPSOLE | COM | 144.71K | SH | $726.4K 0.22% | 144.71K | 0.00 | 0.00 |