Filed: 5/9/2025ACC: 0001085146-25-002895
📋 What this filing means
FOURTH SAIL CAPITAL LP filed this quarterly 13F‑HR report disclosing 28 equity positions with a total reported market value of $427.31M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
28
Positions
$427.31M
Total AUM (reported)
46.58M
Total Shares
Allocation by class
COM$76.27M17.8%
ORD SHS$49.46M11.6%
CL A$48.30M11.3%
SPONSORED ADS$37.32M8.7%
SHS$29.67M6.9%
ADS$27.44M6.4%
SHS CLASS -A -$26.75M6.3%
Portfolio Concentration
Top 3$107.02M25.0%
4–10$155.43M36.4%
11–25$158.72M37.1%
Rest$6.15M1.4%
Top 3 weight
25.0%
Top 10 weight
61.4%
Voting Authority Distribution
Total shares with voting rights: 46.58M
Sole
Full voting authority
46.58M
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)
Sole28
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings28
Rows:
MAC COPPER LIMITED
SOLEShares5.19M
TypeSH
Market value$49.46M
11.58%
Sole
5.19M
Shared
0.00
None
0.00
CORPORACION AMER ARPTS S A
SOLEShares1.58M
TypeSH
Market value$29.00M
6.79%
Sole
1.58M
Shared
0.00
None
0.00
CREDICORP LTD
SOLEShares153.37K
TypeSH
Market value$28.55M
6.68%
Sole
153.37K
Shared
0.00
None
0.00
ENDAVA PLC
SOLEShares1.41M
TypeSH
Market value$27.44M
6.42%
Sole
1.41M
Shared
0.00
None
0.00
ARCOS DORADOS HOLDINGS INC
SOLEShares3.32M
TypeSH
Market value$26.75M
6.26%
Sole
3.32M
Shared
0.00
None
0.00
VALE S A
SOLEShares2.26M
TypeSH
Market value$22.58M
5.29%
Sole
2.26M
Shared
0.00
None
0.00
GRUPO FINANCIERO GALICIA S.A
SOLEShares414.17K
TypeSH
Market value$22.56M
5.28%
Sole
414.17K
Shared
0.00
None
0.00
BIOCERES CROP SOLUTIONS CORP
SOLEShares4.63M
TypeSH
Market value$21.13M
4.94%
Sole
4.63M
Shared
0.00
None
0.00
COPA HOLDINGS SA
SOLEShares204.90K
TypeSH
Market value$18.95M
4.43%
Sole
204.90K
Shared
0.00
None
0.00
GRID DYNAMICS HLDGS INC
SOLEShares1.02M
TypeSH
Market value$16.03M
3.75%
Sole
1.02M
Shared
0.00
None
0.00
LIBERTY LATIN AMERICA LTD
SOLEShares2.53M
TypeSH
Market value$15.73M
3.68%
Sole
2.53M
Shared
0.00
None
0.00
LOMA NEGRA C I A S A MTN 14
SOLEShares1.34M
TypeSH
Market value$14.74M
3.45%
Sole
1.34M
Shared
0.00
None
0.00
EZCORP INC
SOLEShares957.26K
TypeSH
Market value$14.09M
3.30%
Sole
957.26K
Shared
0.00
None
0.00
STONECO LTD
SOLEShares1.30M
TypeSH
Market value$13.64M
3.19%
Sole
1.30M
Shared
0.00
None
0.00
XP INC
SOLEShares969.30K
TypeSH
Market value$13.33M
3.12%
Sole
969.30K
Shared
0.00
None
0.00
COEUR MNG INC
SOLEShares2.13M
TypeSH
Market value$12.60M
2.95%
Sole
2.13M
Shared
0.00
None
0.00
POPULAR INC
SOLEShares120.18K
TypeSH
Market value$11.10M
2.60%
Sole
120.18K
Shared
0.00
None
0.00
DLOCAL LTD
SOLEShares1.16M
TypeSH
Market value$9.64M
2.26%
Sole
1.16M
Shared
0.00
None
0.00
LIBERTY LATIN AMERICA LTD
SOLEShares1.42M
TypeSH
Market value$8.98M
2.10%
Sole
1.42M
Shared
0.00
None
0.00
EPAM SYS INC
SOLEShares53K
TypeSH
Market value$8.95M
2.09%
Sole
53K
Shared
0.00
None
0.00
INTERCORP FINL SVCS INC
SOLEShares257.87K
TypeSH
Market value$8.54M
2.00%
Sole
257.87K
Shared
0.00
None
0.00
UR-ENERGY INC
SOLEShares12.30M
TypeSH
Market value$8.29M
1.94%
Sole
12.30M
Shared
0.00
None
0.00
IRSA INVERSIONES Y REP S A
SOLEShares563.66K
TypeSH
Market value$7.27M
1.70%
Sole
563.66K
Shared
0.00
None
0.00
MILLICOM INTL CELLULAR S A
SOLEShares228.69K
TypeSH
Market value$6.92M
1.62%
Sole
228.69K
Shared
0.00
None
0.00
TRANSPORTADORA DE GAS SUR
SOLEShares184.70K
TypeSH
Market value$4.89M
1.14%
Sole
184.70K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MAC COPPER LIMITEDSOLE | ORD SHS | 5.19M | SH | $49.46M 11.58% | 5.19M | 0.00 | 0.00 |
CORPORACION AMER ARPTS S ASOLE | COM | 1.58M | SH | $29.00M 6.79% | 1.58M | 0.00 | 0.00 |
CREDICORP LTDSOLE | COM | 153.37K | SH | $28.55M 6.68% | 153.37K | 0.00 | 0.00 |
ENDAVA PLCSOLE | ADS | 1.41M | SH | $27.44M 6.42% | 1.41M | 0.00 | 0.00 |
ARCOS DORADOS HOLDINGS INCSOLE | SHS CLASS -A - | 3.32M | SH | $26.75M 6.26% | 3.32M | 0.00 | 0.00 |
VALE S ASOLE | SPONSORED ADS | 2.26M | SH | $22.58M 5.29% | 2.26M | 0.00 | 0.00 |
GRUPO FINANCIERO GALICIA S.ASOLE | SPONSORED ADR | 414.17K | SH | $22.56M 5.28% | 414.17K | 0.00 | 0.00 |
BIOCERES CROP SOLUTIONS CORPSOLE | SHS | 4.63M | SH | $21.13M 4.94% | 4.63M | 0.00 | 0.00 |
COPA HOLDINGS SASOLE | CL A | 204.90K | SH | $18.95M 4.43% | 204.90K | 0.00 | 0.00 |
GRID DYNAMICS HLDGS INCSOLE | CL A | 1.02M | SH | $16.03M 3.75% | 1.02M | 0.00 | 0.00 |
LIBERTY LATIN AMERICA LTDSOLE | COM CL C | 2.53M | SH | $15.73M 3.68% | 2.53M | 0.00 | 0.00 |
LOMA NEGRA C I A S A MTN 14SOLE | SPONSORED ADS | 1.34M | SH | $14.74M 3.45% | 1.34M | 0.00 | 0.00 |
EZCORP INCSOLE | CL A NON VTG | 957.26K | SH | $14.09M 3.30% | 957.26K | 0.00 | 0.00 |
STONECO LTDSOLE | COM CL A | 1.30M | SH | $13.64M 3.19% | 1.30M | 0.00 | 0.00 |
XP INCSOLE | CL A | 969.30K | SH | $13.33M 3.12% | 969.30K | 0.00 | 0.00 |
COEUR MNG INCSOLE | COM NEW | 2.13M | SH | $12.60M 2.95% | 2.13M | 0.00 | 0.00 |
POPULAR INCSOLE | COM NEW | 120.18K | SH | $11.10M 2.60% | 120.18K | 0.00 | 0.00 |
DLOCAL LTDSOLE | CLASS A COM | 1.16M | SH | $9.64M 2.26% | 1.16M | 0.00 | 0.00 |
LIBERTY LATIN AMERICA LTDSOLE | COM CL A | 1.42M | SH | $8.98M 2.10% | 1.42M | 0.00 | 0.00 |
EPAM SYS INCSOLE | COM | 53K | SH | $8.95M 2.09% | 53K | 0.00 | 0.00 |
INTERCORP FINL SVCS INCSOLE | SHS | 257.87K | SH | $8.54M 2.00% | 257.87K | 0.00 | 0.00 |
UR-ENERGY INCSOLE | COM | 12.30M | SH | $8.29M 1.94% | 12.30M | 0.00 | 0.00 |
IRSA INVERSIONES Y REP S ASOLE | SPON GDS ECH 10 | 563.66K | SH | $7.27M 1.70% | 563.66K | 0.00 | 0.00 |
MILLICOM INTL CELLULAR S ASOLE | COM STK | 228.69K | SH | $6.92M 1.62% | 228.69K | 0.00 | 0.00 |
TRANSPORTADORA DE GAS SURSOLE | SPONSORED ADS B | 184.70K | SH | $4.89M 1.14% | 184.70K | 0.00 | 0.00 |
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