Filed: 11/14/2025ACC: 0001803158-25-000012
📋 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 $413.84M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
28
Positions
$413.84M
Total AUM (reported)
65.41M
Total Shares
Allocation by class
COM$99.17M24.0%
SPONSORED ADS$53.32M12.9%
COMMON STOCK$24.36M5.9%
CL A NON VTG$22.43M5.4%
CL A$21.68M5.2%
COM CL C$19.94M4.8%
COM CL A$19.19M4.6%
Portfolio Concentration
Top 3$69.84M16.9%
4–10$135.30M32.7%
11–25$190.82M46.1%
Rest$17.88M4.3%
Top 3 weight
16.9%
Top 10 weight
49.6%
Voting Authority Distribution
Total shares with voting rights: 65.41M
Sole
Full voting authority
65.41M
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:
SYLVAMO CORP
SOLEShares550.93K
TypeSH
Market value$24.36M
5.89%
Sole
550.93K
Shared
0.00
None
0.00
SMITHFIELD FOODS INC
SOLEShares981.58K
TypeSH
Market value$23.05M
5.57%
Sole
981.58K
Shared
0.00
None
0.00
EZCORP INC
SOLEShares1.18M
TypeSH
Market value$22.43M
5.42%
Sole
1.18M
Shared
0.00
None
0.00
BANCO BBVA ARGENTINA S A
SOLEShares2.67M
TypeSH
Market value$22.21M
5.37%
Sole
2.67M
Shared
0.00
None
0.00
GRID DYNAMICS HLDGS INC
SOLEShares2.81M
TypeSH
Market value$21.68M
5.24%
Sole
2.81M
Shared
0.00
None
0.00
LIBERTY LATIN AMERICA LTD
SOLEShares2.36M
TypeSH
Market value$19.94M
4.82%
Sole
2.36M
Shared
0.00
None
0.00
VIZSLA SILVER CORP
SOLEShares4.33M
TypeSH
Market value$18.71M
4.52%
Sole
4.33M
Shared
0.00
None
0.00
UR-ENERGY INC
SOLEShares9.97M
TypeSH
Market value$17.84M
4.31%
Sole
9.97M
Shared
0.00
None
0.00
LOMA NEGRA C I A S A MTN 14
SOLEShares2.37M
TypeSH
Market value$17.48M
4.22%
Sole
2.37M
Shared
0.00
None
0.00
HORMEL FOODS CORP
SOLEShares705K
TypeSH
Market value$17.44M
4.21%
Sole
705K
Shared
0.00
None
0.00
GEOPARK LTD
SOLEShares2.71M
TypeSH
Market value$17.25M
4.17%
Sole
2.71M
Shared
0.00
None
0.00
BBB FOODS INC
SOLEShares625.53K
TypeSH
Market value$16.86M
4.08%
Sole
625.53K
Shared
0.00
None
0.00
DLOCAL LTD
SOLEShares1.18M
TypeSH
Market value$16.82M
4.06%
Sole
1.18M
Shared
0.00
None
0.00
CENTRAL PUERTO S A
SOLEShares2.07M
TypeSH
Market value$16.58M
4.01%
Sole
2.07M
Shared
0.00
None
0.00
WESTERN UN CO
SOLEShares1.95M
TypeSH
Market value$15.57M
3.76%
Sole
1.95M
Shared
0.00
None
0.00
VISTA ENERGY S.A.B. DE C.V.
SOLEShares396.20K
TypeSH
Market value$13.63M
3.29%
Sole
396.20K
Shared
0.00
None
0.00
ACCENTURE PLC IRELAND
SOLEShares55.20K
TypeSH
Market value$13.61M
3.29%
Sole
55.20K
Shared
0.00
None
0.00
STONECO LTD
SOLEShares686.40K
TypeSH
Market value$12.98M
3.14%
Sole
686.40K
Shared
0.00
None
0.00
TRANSPORTADORA DE GAS SUR
SOLEShares614.89K
TypeSH
Market value$12.93M
3.12%
Sole
614.89K
Shared
0.00
None
0.00
PERPETUA RESOURCES CORP
SOLEShares630.61K
TypeSH
Market value$12.76M
3.08%
Sole
630.61K
Shared
0.00
None
0.00
TELECOM ARGENTINA SA
SOLEShares1.63M
TypeSH
Market value$11.87M
2.87%
Sole
1.63M
Shared
0.00
None
0.00
INTERCORP FINL SVCS INC
SOLEShares230K
TypeSH
Market value$9.28M
2.24%
Sole
230K
Shared
0.00
None
0.00
MAC COPPER LIMITED
SOLEShares646.57K
TypeSH
Market value$7.89M
1.91%
Sole
646.57K
Shared
0.00
None
0.00
BIOCERES CROP SOLUTIONS CORP
SOLEShares4.63M
TypeSH
Market value$6.53M
1.58%
Sole
4.63M
Shared
0.00
None
0.00
PAN AMERN SILVER CORP
SOLEShares17.90M
TypeSH
Market value$6.26M
1.51%
Sole
17.90M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SYLVAMO CORPSOLE | COMMON STOCK | 550.93K | SH | $24.36M 5.89% | 550.93K | 0.00 | 0.00 |
SMITHFIELD FOODS INCSOLE | COM | 981.58K | SH | $23.05M 5.57% | 981.58K | 0.00 | 0.00 |
EZCORP INCSOLE | CL A NON VTG | 1.18M | SH | $22.43M 5.42% | 1.18M | 0.00 | 0.00 |
BANCO BBVA ARGENTINA S ASOLE | SPONSORED ADS | 2.67M | SH | $22.21M 5.37% | 2.67M | 0.00 | 0.00 |
GRID DYNAMICS HLDGS INCSOLE | CL A | 2.81M | SH | $21.68M 5.24% | 2.81M | 0.00 | 0.00 |
LIBERTY LATIN AMERICA LTDSOLE | COM CL C | 2.36M | SH | $19.94M 4.82% | 2.36M | 0.00 | 0.00 |
VIZSLA SILVER CORPSOLE | COM NEW | 4.33M | SH | $18.71M 4.52% | 4.33M | 0.00 | 0.00 |
UR-ENERGY INCSOLE | COM | 9.97M | SH | $17.84M 4.31% | 9.97M | 0.00 | 0.00 |
LOMA NEGRA C I A S A MTN 14SOLE | SPONSORED ADS | 2.37M | SH | $17.48M 4.22% | 2.37M | 0.00 | 0.00 |
HORMEL FOODS CORPSOLE | COM | 705K | SH | $17.44M 4.21% | 705K | 0.00 | 0.00 |
GEOPARK LTDSOLE | USD SHS | 2.71M | SH | $17.25M 4.17% | 2.71M | 0.00 | 0.00 |
BBB FOODS INCSOLE | CL A COM | 625.53K | SH | $16.86M 4.08% | 625.53K | 0.00 | 0.00 |
DLOCAL LTDSOLE | CLASS A COM | 1.18M | SH | $16.82M 4.06% | 1.18M | 0.00 | 0.00 |
CENTRAL PUERTO S ASOLE | SPONSORED ADR | 2.07M | SH | $16.58M 4.01% | 2.07M | 0.00 | 0.00 |
WESTERN UN COSOLE | COM | 1.95M | SH | $15.57M 3.76% | 1.95M | 0.00 | 0.00 |
VISTA ENERGY S.A.B. DE C.V.SOLE | SPONSORED ADS | 396.20K | SH | $13.63M 3.29% | 396.20K | 0.00 | 0.00 |
ACCENTURE PLC IRELANDSOLE | SHS CLASS A | 55.20K | SH | $13.61M 3.29% | 55.20K | 0.00 | 0.00 |
STONECO LTDSOLE | COM CL A | 686.40K | SH | $12.98M 3.14% | 686.40K | 0.00 | 0.00 |
TRANSPORTADORA DE GAS SURSOLE | SPONSORED ADS B | 614.89K | SH | $12.93M 3.12% | 614.89K | 0.00 | 0.00 |
PERPETUA RESOURCES CORPSOLE | COM | 630.61K | SH | $12.76M 3.08% | 630.61K | 0.00 | 0.00 |
TELECOM ARGENTINA SASOLE | SPON ADR REP B | 1.63M | SH | $11.87M 2.87% | 1.63M | 0.00 | 0.00 |
INTERCORP FINL SVCS INCSOLE | SHS | 230K | SH | $9.28M 2.24% | 230K | 0.00 | 0.00 |
MAC COPPER LIMITEDSOLE | ORD SHS | 646.57K | SH | $7.89M 1.91% | 646.57K | 0.00 | 0.00 |
BIOCERES CROP SOLUTIONS CORPSOLE | SHS | 4.63M | SH | $6.53M 1.58% | 4.63M | 0.00 | 0.00 |
PAN AMERN SILVER CORPSOLE | COM | 17.90M | SH | $6.26M 1.51% | 17.90M | 0.00 | 0.00 |
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