Fundamenta Capital S.A. reported 12 positions worth $143.12M for the quarter ended Sep 30, 2026, down 17.0% on the prior quarter. It opened 2 new positions, added to 7, trimmed 1 and exited 4. Its largest holding is Credicorp Ltd at 17.3% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| PBR Petrobras - Petroleo Brasileiro Sa | +500.0K | – | $10.44M | 7.29% |
| BCH Bank Of Chile | +89.0K | +45.5% | $3.56M | 7.96% |
| GPRK GeoPark Ltd | +320.0K | – | $3.34M | 2.34% |
| TEO Telecom Argentina Sa | +137.9K | +19.8% | $1.69M | 7.17% |
| BSAC Banco Santander Chile | +33.0K | +8.3% | $1.10M | 10.06% |
| TGS Gas Transporter Of The South Inc | +24.8K | +4.5% | $644.03K | 10.45% |
| PAM Pampa Energy Inc. | +5,000 | +2.3% | $388.85K | 12.2% |
| ENIC Enel Chile S.A. | +72.2K | +1.5% | $305.29K | 14.62% |
| SQM Chemical & Mining Co Of Chile Inc | +1,170 | +2.6% | $75.90K | 2.07% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| CCU United Breweries Co Inc | -1.19M | -100.0% | $13.38M | Exited |
| VIST Vista Energy, S.A.B. de C.V. | -209.0K | -100.0% | $13.33M | Exited |
| EMBJ Embraer S.A. | -156.1K | -100.0% | $9.96M | Exited |
| AXIAY AXIA Energia S.A. | -333.4K | -100.0% | $3.52M | Exited |
| BAP Credicorp Ltd | -5,000 | -7.1% | $1.90M | 17.25% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | BAP Credicorp Ltd | Financial Services | 65.0K | $24.69M | 17.25% | -5,000 | -7.1% | Reduced | 0.08% |
| 2 | ENIC Enel Chile S.A. | Utilities | 4.95M | $20.93M | 14.62% | +72.2K | +1.5% | Added | 0.01% |
| 3 | PAM Pampa Energy Inc. | Energy | 224.5K | $17.46M | 12.2% | +5,000 | +2.3% | Added | 0.41% |
| 4 | TGS Gas Transporter Of The South Inc | Energy | 576.6K | $14.96M | 10.45% | +24.8K | +4.5% | Added | 0.08% |
| 5 | BSAC Banco Santander Chile | Financial Services | 431.8K | $14.40M | 10.06% | +33.0K | +8.3% | Added | 0% |
| 6 | BCH Bank Of Chile | Financial Services | 284.7K | $11.39M | 7.96% | +89.0K | +45.5% | Added | 0.06% |
| 7 | PBR Petrobras - Petroleo Brasileiro Sa | Energy | 500.0K | $10.44M | 7.29% | +500.0K | – | New | 0.01% |
| 8 | TEO Telecom Argentina Sa | Communication Services | 835.8K | $10.26M | 7.17% | +137.9K | +19.8% | Added | 0.19% |
| 9 | GGAL Grupo Financiero Galicia Sa | Financial Services | 182.3K | $6.79M | 4.74% | 0 | 0.0% | Unchanged | 0.01% |
| 10 | ARCO Arcos Dorados Holdings Inc. | Consumer Discretionary | 769.4K | $5.50M | 3.84% | 0 | 0.0% | Unchanged | 0.37% |
| 11 | GPRK GeoPark Ltd | Energy | 320.0K | $3.34M | 2.34% | +320.0K | – | New | 0.62% |
| 12 | SQM Chemical & Mining Co Of Chile Inc | Basic Materials | 45.6K | $2.96M | 2.07% | +1,170 | +2.6% | Added | 0.02% |
Tip. Select a row to see that position’s full history at Fundamenta Capital.
As of its Q3 2026 13F filing, Fundamenta Capital S.A.’s five largest positions were Credicorp Ltd (BAP) at 17.3%, Enel Chile S.A. (ENIC) at 14.6%, Pampa Energy Inc. (PAM) at 12.2%, Gas Transporter Of The South Inc (TGS) at 10.5%, Banco Santander Chile (BSAC) at 10.1% of the reported portfolio.
Fundamenta Capital S.A. reported a 13F portfolio worth $143.12M across 12 positions for Q3 2026. That is down 17.0% from the previous quarter.
Its largest purchases by value were Petrobras - Petroleo Brasileiro Sa ($10.44M), Bank Of Chile ($3.56M), GeoPark Ltd ($3.34M). It opened 2 new positions.
Its largest sales by value were United Breweries Co Inc ($13.38M), Vista Energy, S.A.B. de C.V. ($13.33M), Embraer S.A. ($9.96M). It exited 4 positions entirely.
From the Form 13F-HR reports Fundamenta Capital S.A. files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.