Ativo Capital Management LLC — 13F Holdings & Portfolio
CIK 1423065 · latest 13F-HR filed 2026-05-01
Ativo Capital Management LLC manages $115.0M in 13F-reported U.S. long-equity assets across 55 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are TSM (5.67%), BAP (5.57%), AER (4.98%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 3 new positions, exited 3, added to 25, and trimmed 13.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$115.0M
Long-equity book
55
Distinct positions
2026-03-31
Filed 2026-05-01
+3 / −3 / ↑25 / ↓13
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ENI SPA Sp ADR$1.5M +91.6%
- Wh Group Ltd Sp Adr$833.7K +52.4%
- Sompo Holdings Inc ADR$829.6K +44.0%
- Cia Energetica de Minas Gerais$769.1K +65.6%
- Novartis AG Sp ADR$675.0K +38.7%
Top Trims
- Check Point Software Tech Ltd-$5.0M -73.6%
- Netease Inc Sp ADR-$1.0M -20.2%
- Franklin Templeton ETF Tr Fran-$698.7K -13.9%
- Harmony Gold Mining Co Ltd Sp-$390.4K -22.7%
- Fujitsu Ltd Unsponsored Adr-$386.8K -24.5%
New Positions
- ASML Holding NV NY Registry$1.6M
- 3I Group Plc Unsponsord Adr$1.2M
- Centrica Plc Sp Adr New$1.0M
Exited Positions
- Kanzhun Limited Sp Ads$2.3M
- Toyota Motor Corp Sp ADR 2$1.2M
- Lenovo Group Ltd Sp ADR$619.4K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Mfg Ltd S | TSM | 874039100 | $6.5M | 5.67% | 19,283 | SH |
| 2 | Credicorp Ltd | BAP | G2519Y108 | $6.4M | 5.57% | 18,870 | SH |
| 3 | AerCap Holdings NV | AER | N00985106 | $5.7M | 4.98% | 41,724 | SH |
| 4 | Yum China Holdings Inc | YUMC | 98850P109 | $4.9M | 4.30% | 101,320 | SH |
| 5 | Franklin Templeton ETF Tr Fran | FLIN | 35473P769 | $4.3M | 3.76% | 130,120 | SH |
| 6 | Netease Inc Sp ADR | NTES | 64110W102 | $4.1M | 3.54% | 36,370 | SH |
| 7 | ENI SPA Sp ADR | E | 26874R108 | $3.1M | 2.69% | 54,580 | SH |
| 8 | Barrick Mining Corporation | B | 06849F108 | $2.7M | 2.37% | 66,756 | SH |
| 9 | Sompo Holdings Inc ADR | SMPNY | 83540J101 | $2.7M | 2.36% | 139,248 | SH |
| 10 | Agnico Eagle Mines Ltd | AEM | 008474108 | $2.6M | 2.22% | 12,596 | SH |
| 11 | Wh Group Ltd Sp Adr | — | 92890T205 | $2.4M | 2.11% | 92,570 | SH |
| 12 | Novartis AG Sp ADR | NVS | 66987V109 | $2.4M | 2.10% | 15,831 | SH |
| 13 | Engie SA Sp ADR | EGIEY | 29286D105 | $2.2M | 1.94% | 67,853 | SH |
| 14 | Banco Bilbao Vizcaya Argentari | BBVA | 05946K101 | $2.2M | 1.94% | 102,788 | SH |
| 15 | Royal Bank of Canada Montreal | RY | 780087102 | $2.1M | 1.84% | 13,060 | SH |
| 16 | Lundin Gold Inc | — | 550371108 | $2.0M | 1.77% | 26,753 | SH |
| 17 | Companhia de Saneamento Basico | SBS | 20441A102 | $2.0M | 1.74% | 65,492 | SH |
| 18 | Cia Energetica de Minas Gerais | CIG | 204409601 | $1.9M | 1.69% | 812,518 | SH |
| 19 | British American Tobacco PLC S | BTI | 110448107 | $1.9M | 1.64% | 32,330 | SH |
| 20 | DBS Group Holdings Ltd Sp ADR | DBSDY | 23304Y100 | $1.9M | 1.63% | 10,431 | SH |
| 21 | Woori Financial Group Inc Sp A | WF | 981064108 | $1.8M | 1.59% | 27,530 | SH |
| 22 | Abb Ltd Sp Adr | ABBNY | 000375204 | $1.8M | 1.59% | 22,640 | SH |
| 23 | Toronto Dominion Bank Ont | TD | 891160509 | $1.8M | 1.56% | 19,278 | SH |
| 24 | Komatsu Ltd Sp Adr New | KMTUY | 500458401 | $1.8M | 1.56% | 45,750 | SH |
| 25 | Ipsen Sa Sp Adr | IPSEY | 462629205 | $1.8M | 1.56% | 38,759 | SH |
| 26 | Check Point Software Tech Ltd | CHKP | M22465104 | $1.8M | 1.56% | 12,533 | SH |
| 27 | Volvo Ab Unsponsord ADR | VLVLY | 928854108 | $1.8M | 1.54% | 54,064 | SH |
| 28 | Gildan Activewear Inc | GIL | 375916103 | $1.7M | 1.51% | 31,212 | SH |
| 29 | Allianz SE Unsponsrd ADS | ALIZY | 018820100 | $1.7M | 1.51% | 41,216 | SH |
| 30 | Ageas Sp ADR Ne | AGESY | 00844W208 | $1.7M | 1.47% | 23,016 | SH |
| 31 | Tesco Plc Sp Adr | TSCDF | 881575401 | $1.7M | 1.46% | 88,482 | SH |
| 32 | Prosus NV Sp ADR | PROSF | 74365P108 | $1.6M | 1.42% | 175,955 | SH |
| 33 | Advantest Corp Sp ADR | ATEYY | 00762U200 | $1.6M | 1.41% | 11,926 | SH |
| 34 | Dnb Bank Asa Sponsored | DNBBF | 23341C103 | $1.6M | 1.40% | 51,380 | SH |
| 35 | ASML Holding NV NY Registry | ASML | N07059210 | $1.6M | 1.38% | 1,201 | SH |
| 36 | Nordea Bank Abp MTN Sp ADS | NBNKF | 65558R109 | $1.5M | 1.35% | 89,578 | SH |
| 37 | ORIX Corp Sp ADR | IX | 686330101 | $1.5M | 1.33% | 51,149 | SH |
| 38 | UniCredit SpA Unsponsord ADR | — | 904678406 | $1.5M | 1.33% | 42,445 | SH |
| 39 | Assicurazioni Generali Spa Uns | — | 04545K109 | $1.5M | 1.33% | 75,682 | SH |
| 40 | Grupo Aeroportuario Del Surest | ASR | 40051E202 | $1.5M | 1.32% | 4,521 | SH |
| 41 | AXA SA Sp ADR | AXAHF | 054536107 | $1.5M | 1.28% | 32,077 | SH |
| 42 | Makita Corp Sp ADR | MKEWF | 560877300 | $1.5M | 1.28% | 45,004 | SH |
| 43 | Kunlun Energy Company Ltd Unsp | KUNUF | 50126A101 | $1.4M | 1.25% | 126,104 | SH |
| 44 | Credit Agricole SA ADR | CRARF | 225313105 | $1.4M | 1.25% | 154,429 | SH |
| 45 | QBE INS GROUP LTD | QBIEY | 74728G605 | $1.4M | 1.18% | 91,516 | SH |
| 46 | MS&AD Ins Group Holdings ADR | MSADF | 553491101 | $1.4M | 1.17% | 52,142 | SH |
| 47 | Harmony Gold Mining Co Ltd Sp | HMY | 413216300 | $1.3M | 1.16% | 86,487 | SH |
| 48 | Unilever PLC Sp ADR | UL | 904767803 | $1.2M | 1.05% | 21,201 | SH |
| 49 | Fujitsu Ltd Unsponsored Adr | FJTSY | 359590304 | $1.2M | 1.04% | 58,018 | SH |
| 50 | 3I Group Plc Unsponsord Adr | — | 88579N105 | $1.2M | 1.04% | 147,169 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-01 | $115.0M | 55 | 0001423065-26-000005 |
| 2025-12-31 | 2026-02-02 | $114.1M | 55 | 0001423065-26-000004 |