Filed: 8/7/2025ACC: 0001085146-25-004676
📋 What this filing means
FOURTH SAIL CAPITAL LP filed this quarterly 13F‑HR report disclosing 26 equity positions with a total reported market value of $483.06M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
26
Positions
$483.06M
Total AUM (reported)
55.50M
Total Shares
Allocation by class
COM$136.65M28.3%
ORD SHS$65.97M13.7%
SPONSORED ADS$45.38M9.4%
CL A$39.09M8.1%
SHS$38.19M7.9%
ORD SHS CL A$31.22M6.5%
COM NEW$25.17M5.2%
Portfolio Concentration
Top 3$128.01M26.5%
4–10$158.80M32.9%
11–25$194.51M40.3%
Rest$1.74M0.4%
Top 3 weight
26.5%
Top 10 weight
59.4%
Voting Authority Distribution
Total shares with voting rights: 55.50M
Sole
Full voting authority
55.50M
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)
Sole26
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings26
Rows:
MAC COPPER LIMITED
SOLEShares5.46M
TypeSH
Market value$65.97M
13.66%
Sole
5.46M
Shared
0.00
None
0.00
NU HLDGS LTD
SOLEShares2.28M
TypeSH
Market value$31.22M
6.46%
Sole
2.28M
Shared
0.00
None
0.00
CORPORACION AMER ARPTS S A
SOLEShares1.52M
TypeSH
Market value$30.83M
6.38%
Sole
1.52M
Shared
0.00
None
0.00
BANCO BBVA ARGENTINA S A
SOLEShares1.79M
TypeSH
Market value$29.40M
6.09%
Sole
1.79M
Shared
0.00
None
0.00
BRINKS CO
SOLEShares281.50K
TypeSH
Market value$25.14M
5.20%
Sole
281.50K
Shared
0.00
None
0.00
LIBERTY LATIN AMERICA LTD
SOLEShares3.84M
TypeSH
Market value$23.86M
4.94%
Sole
3.84M
Shared
0.00
None
0.00
BIOCERES CROP SOLUTIONS CORP
SOLEShares4.63M
TypeSH
Market value$20.69M
4.28%
Sole
4.63M
Shared
0.00
None
0.00
UR-ENERGY INC
SOLEShares19.64M
TypeSH
Market value$20.63M
4.27%
Sole
19.64M
Shared
0.00
None
0.00
COPA HOLDINGS SA
SOLEShares184.97K
TypeSH
Market value$20.34M
4.21%
Sole
184.97K
Shared
0.00
None
0.00
GRID DYNAMICS HLDGS INC
SOLEShares1.62M
TypeSH
Market value$18.75M
3.88%
Sole
1.62M
Shared
0.00
None
0.00
SMITHFIELD FOODS INC
SOLEShares782.98K
TypeSH
Market value$18.42M
3.81%
Sole
782.98K
Shared
0.00
None
0.00
DLOCAL LTD
SOLEShares1.55M
TypeSH
Market value$17.54M
3.63%
Sole
1.55M
Shared
0.00
None
0.00
INTERCORP FINL SVCS INC
SOLEShares458.97K
TypeSH
Market value$17.50M
3.62%
Sole
458.97K
Shared
0.00
None
0.00
EZCORP INC
SOLEShares1.25M
TypeSH
Market value$17.37M
3.60%
Sole
1.25M
Shared
0.00
None
0.00
CREDICORP LTD
SOLEShares75.06K
TypeSH
Market value$16.78M
3.47%
Sole
75.06K
Shared
0.00
None
0.00
LOMA NEGRA C I A S A MTN 14
SOLEShares1.46M
TypeSH
Market value$15.98M
3.31%
Sole
1.46M
Shared
0.00
None
0.00
VIZSLA SILVER CORP
SOLEShares4.33M
TypeSH
Market value$12.74M
2.64%
Sole
4.33M
Shared
0.00
None
0.00
EPAM SYS INC
SOLEShares71.70K
TypeSH
Market value$12.68M
2.62%
Sole
71.70K
Shared
0.00
None
0.00
POPULAR INC
SOLEShares112.80K
TypeSH
Market value$12.43M
2.57%
Sole
112.80K
Shared
0.00
None
0.00
PERPETUA RESOURCES CORP
SOLEShares1M
TypeSH
Market value$12.18M
2.52%
Sole
1M
Shared
0.00
None
0.00
ENDAVA PLC
SOLEShares731.42K
TypeSH
Market value$11.21M
2.32%
Sole
731.42K
Shared
0.00
None
0.00
LIBERTY LATIN AMERICA LTD
SOLEShares1.42M
TypeSH
Market value$8.65M
1.79%
Sole
1.42M
Shared
0.00
None
0.00
SYLVAMO CORP
SOLEShares162.60K
TypeSH
Market value$8.15M
1.69%
Sole
162.60K
Shared
0.00
None
0.00
TRANSPORTADORA DE GAS SUR
SOLEShares253.17K
TypeSH
Market value$6.56M
1.36%
Sole
253.17K
Shared
0.00
None
0.00
IRSA INVERSIONES Y REP S A
SOLEShares454.30K
TypeSH
Market value$6.33M
1.31%
Sole
454.30K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MAC COPPER LIMITEDSOLE | ORD SHS | 5.46M | SH | $65.97M 13.66% | 5.46M | 0.00 | 0.00 |
NU HLDGS LTDSOLE | ORD SHS CL A | 2.28M | SH | $31.22M 6.46% | 2.28M | 0.00 | 0.00 |
CORPORACION AMER ARPTS S ASOLE | COM | 1.52M | SH | $30.83M 6.38% | 1.52M | 0.00 | 0.00 |
BANCO BBVA ARGENTINA S ASOLE | SPONSORED ADS | 1.79M | SH | $29.40M 6.09% | 1.79M | 0.00 | 0.00 |
BRINKS COSOLE | COM | 281.50K | SH | $25.14M 5.20% | 281.50K | 0.00 | 0.00 |
LIBERTY LATIN AMERICA LTDSOLE | COM CL C | 3.84M | SH | $23.86M 4.94% | 3.84M | 0.00 | 0.00 |
BIOCERES CROP SOLUTIONS CORPSOLE | SHS | 4.63M | SH | $20.69M 4.28% | 4.63M | 0.00 | 0.00 |
UR-ENERGY INCSOLE | COM | 19.64M | SH | $20.63M 4.27% | 19.64M | 0.00 | 0.00 |
COPA HOLDINGS SASOLE | CL A | 184.97K | SH | $20.34M 4.21% | 184.97K | 0.00 | 0.00 |
GRID DYNAMICS HLDGS INCSOLE | CL A | 1.62M | SH | $18.75M 3.88% | 1.62M | 0.00 | 0.00 |
SMITHFIELD FOODS INCSOLE | COM | 782.98K | SH | $18.42M 3.81% | 782.98K | 0.00 | 0.00 |
DLOCAL LTDSOLE | CLASS A COM | 1.55M | SH | $17.54M 3.63% | 1.55M | 0.00 | 0.00 |
INTERCORP FINL SVCS INCSOLE | SHS | 458.97K | SH | $17.50M 3.62% | 458.97K | 0.00 | 0.00 |
EZCORP INCSOLE | CL A NON VTG | 1.25M | SH | $17.37M 3.60% | 1.25M | 0.00 | 0.00 |
CREDICORP LTDSOLE | COM | 75.06K | SH | $16.78M 3.47% | 75.06K | 0.00 | 0.00 |
LOMA NEGRA C I A S A MTN 14SOLE | SPONSORED ADS | 1.46M | SH | $15.98M 3.31% | 1.46M | 0.00 | 0.00 |
VIZSLA SILVER CORPSOLE | COM NEW | 4.33M | SH | $12.74M 2.64% | 4.33M | 0.00 | 0.00 |
EPAM SYS INCSOLE | COM | 71.70K | SH | $12.68M 2.62% | 71.70K | 0.00 | 0.00 |
POPULAR INCSOLE | COM NEW | 112.80K | SH | $12.43M 2.57% | 112.80K | 0.00 | 0.00 |
PERPETUA RESOURCES CORPSOLE | COM | 1M | SH | $12.18M 2.52% | 1M | 0.00 | 0.00 |
ENDAVA PLCSOLE | ADS | 731.42K | SH | $11.21M 2.32% | 731.42K | 0.00 | 0.00 |
LIBERTY LATIN AMERICA LTDSOLE | COM CL A | 1.42M | SH | $8.65M 1.79% | 1.42M | 0.00 | 0.00 |
SYLVAMO CORPSOLE | COMMON STOCK | 162.60K | SH | $8.15M 1.69% | 162.60K | 0.00 | 0.00 |
TRANSPORTADORA DE GAS SURSOLE | SPONSORED ADS B | 253.17K | SH | $6.56M 1.36% | 253.17K | 0.00 | 0.00 |
IRSA INVERSIONES Y REP S ASOLE | SPON GDS ECH 10 | 454.30K | SH | $6.33M 1.31% | 454.30K | 0.00 | 0.00 |
Page 1 of 2