Filed: 2/12/2026ACC: 0002033334-26-000001
📋 What this filing means
NORTH OF SOUTH CAPITAL LLP filed this quarterly 13F‑HR report disclosing 27 equity positions with a total reported market value of $1.11B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
27
Positions
$1.11B
Total AUM (reported)
42.95M
Total Shares
Allocation by class
SPONSORED ADS$263.59M23.7%
ADR$220.18M19.8%
COMMON STOCK$169.87M15.3%
SPON ADS CL A$122.06M11.0%
SPONSORED ADR$94.67M8.5%
SPON ADR CL D$60.40M5.4%
SPON ADR REP A$55.66M5.0%
Portfolio Concentration
Top 3$480.14M43.1%
4–10$532.01M47.8%
11–25$99.97M9.0%
Rest$720.4K0.1%
Top 3 weight
43.1%
Top 10 weight
91.0%
Voting Authority Distribution
Total shares with voting rights: 42.95M
Sole
Full voting authority
42.95M
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)
Sole27
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings27
Rows:
ICICI BANK-ADR
SOLEShares7.39M
TypeSH
Market value$220.18M
19.79%
Sole
7.39M
Shared
0.00
None
0.00
TAIWAN SEMIC-ADR
SOLEShares453.78K
TypeSH
Market value$137.90M
12.39%
Sole
453.78K
Shared
0.00
None
0.00
JD.COM INC-ADR
SOLEShares4.25M
TypeSH
Market value$122.06M
10.97%
Sole
4.25M
Shared
0.00
None
0.00
FULL TRUCK A-ADR
SOLEShares10.85M
TypeSH
Market value$116.40M
10.46%
Sole
10.85M
Shared
0.00
None
0.00
PAN AMER SILVER
SOLEShares2.15M
TypeSH
Market value$111.27M
10.00%
Sole
2.15M
Shared
0.00
None
0.00
KT CORP-ADR
SOLEShares4.53M
TypeSH
Market value$85.92M
7.72%
Sole
4.53M
Shared
0.00
None
0.00
YPF SA-ADR
SOLEShares1.67M
TypeSH
Market value$60.40M
5.43%
Sole
1.67M
Shared
0.00
None
0.00
BAIDU INC-SP ADR
SOLEShares426.01K
TypeSH
Market value$55.66M
5.00%
Sole
426.01K
Shared
0.00
None
0.00
LAUREATE EDUCATI
SOLEShares1.54M
TypeSH
Market value$51.76M
4.65%
Sole
1.54M
Shared
0.00
None
0.00
AUTOHOME INC-ADR
SOLEShares2.27M
TypeSH
Market value$50.59M
4.55%
Sole
2.27M
Shared
0.00
None
0.00
VIPSHOP HOLD-ADR
SOLEShares2.26M
TypeSH
Market value$40.03M
3.60%
Sole
2.26M
Shared
0.00
None
0.00
CONTROLADORA-ADR
SOLEShares4M
TypeSH
Market value$35.49M
3.19%
Sole
4M
Shared
0.00
None
0.00
ALIBABA GRP-ADR
SOLEShares39.40K
TypeSH
Market value$5.77M
0.52%
Sole
39.40K
Shared
0.00
None
0.00
PETROBRAS SA-ADR
SOLEShares265.85K
TypeSH
Market value$3.15M
0.28%
Sole
265.85K
Shared
0.00
None
0.00
CREDICORP LTD
SOLEShares10.52K
TypeSH
Market value$3.02M
0.27%
Sole
10.52K
Shared
0.00
None
0.00
HARMONY GOLD-ADR
SOLEShares95.20K
TypeSH
Market value$1.89M
0.17%
Sole
95.20K
Shared
0.00
None
0.00
UNITED MICRO-ADR
SOLEShares202K
TypeSH
Market value$1.59M
0.14%
Sole
202K
Shared
0.00
None
0.00
LOMA NEGRA C-ADR
SOLEShares120K
TypeSH
Market value$1.55M
0.14%
Sole
120K
Shared
0.00
None
0.00
MILLICOM INTL
SOLEShares27.05K
TypeSH
Market value$1.50M
0.13%
Sole
27.05K
Shared
0.00
None
0.00
JSC KASPI.KZ
SOLEShares18.24K
TypeSH
Market value$1.42M
0.13%
Sole
18.24K
Shared
0.00
None
0.00
AURA MINERALS
SOLEShares27.80K
TypeSH
Market value$1.40M
0.13%
Sole
27.80K
Shared
0.00
None
0.00
MCEWEN INC
SOLEShares50K
TypeSH
Market value$925.5K
0.08%
Sole
50K
Shared
0.00
None
0.00
LATAM AIRLINES G
SOLEShares16.74K
TypeSH
Market value$904.3K
0.08%
Sole
16.74K
Shared
0.00
None
0.00
AXIA ENERGIA-ADR
SOLEShares84.98K
TypeSH
Market value$778.4K
0.07%
Sole
84.98K
Shared
0.00
None
0.00
BBVA ARGENT-ADR
SOLEShares30K
TypeSH
Market value$542.1K
0.05%
Sole
30K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ICICI BANK-ADRSOLE | ADR | 7.39M | SH | $220.18M 19.79% | 7.39M | 0.00 | 0.00 |
TAIWAN SEMIC-ADRSOLE | SPONSORED ADS | 453.78K | SH | $137.90M 12.39% | 453.78K | 0.00 | 0.00 |
JD.COM INC-ADRSOLE | SPON ADS CL A | 4.25M | SH | $122.06M 10.97% | 4.25M | 0.00 | 0.00 |
FULL TRUCK A-ADRSOLE | SPONSORED ADS | 10.85M | SH | $116.40M 10.46% | 10.85M | 0.00 | 0.00 |
PAN AMER SILVERSOLE | COMMON STOCK | 2.15M | SH | $111.27M 10.00% | 2.15M | 0.00 | 0.00 |
KT CORP-ADRSOLE | SPONSORED ADR | 4.53M | SH | $85.92M 7.72% | 4.53M | 0.00 | 0.00 |
YPF SA-ADRSOLE | SPON ADR CL D | 1.67M | SH | $60.40M 5.43% | 1.67M | 0.00 | 0.00 |
BAIDU INC-SP ADRSOLE | SPON ADR REP A | 426.01K | SH | $55.66M 5.00% | 426.01K | 0.00 | 0.00 |
LAUREATE EDUCATISOLE | COMMON STOCK | 1.54M | SH | $51.76M 4.65% | 1.54M | 0.00 | 0.00 |
AUTOHOME INC-ADRSOLE | SP ADS RP CL A | 2.27M | SH | $50.59M 4.55% | 2.27M | 0.00 | 0.00 |
VIPSHOP HOLD-ADRSOLE | SPONSORED ADS A | 2.26M | SH | $40.03M 3.60% | 2.26M | 0.00 | 0.00 |
CONTROLADORA-ADRSOLE | SPON ADR RP 10 | 4M | SH | $35.49M 3.19% | 4M | 0.00 | 0.00 |
ALIBABA GRP-ADRSOLE | SPONSORED ADS | 39.40K | SH | $5.77M 0.52% | 39.40K | 0.00 | 0.00 |
PETROBRAS SA-ADRSOLE | SPONSORED ADR | 265.85K | SH | $3.15M 0.28% | 265.85K | 0.00 | 0.00 |
CREDICORP LTDSOLE | COMMON STOCK | 10.52K | SH | $3.02M 0.27% | 10.52K | 0.00 | 0.00 |
HARMONY GOLD-ADRSOLE | SPONSORED ADR | 95.20K | SH | $1.89M 0.17% | 95.20K | 0.00 | 0.00 |
UNITED MICRO-ADRSOLE | SPONSORED ADR | 202K | SH | $1.59M 0.14% | 202K | 0.00 | 0.00 |
LOMA NEGRA C-ADRSOLE | SPONSORED ADS | 120K | SH | $1.55M 0.14% | 120K | 0.00 | 0.00 |
MILLICOM INTLSOLE | COMMON STOCK | 27.05K | SH | $1.50M 0.13% | 27.05K | 0.00 | 0.00 |
JSC KASPI.KZSOLE | SPONSORED ADS | 18.24K | SH | $1.42M 0.13% | 18.24K | 0.00 | 0.00 |
AURA MINERALSSOLE | COMMON STOCK | 27.80K | SH | $1.40M 0.13% | 27.80K | 0.00 | 0.00 |
MCEWEN INCSOLE | COMMON STOCK | 50K | SH | $925.5K 0.08% | 50K | 0.00 | 0.00 |
LATAM AIRLINES GSOLE | SPONSORED ADR | 16.74K | SH | $904.3K 0.08% | 16.74K | 0.00 | 0.00 |
AXIA ENERGIA-ADRSOLE | SPONSORED ADR | 84.98K | SH | $778.4K 0.07% | 84.98K | 0.00 | 0.00 |
BBVA ARGENT-ADRSOLE | SPONSORED ADS | 30K | SH | $542.1K 0.05% | 30K | 0.00 | 0.00 |
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