INCA Investments LLC — 13F Holdings & Portfolio
CIK 1513137 · latest 13F-HR filed 2026-04-30
INCA Investments LLC manages $281.8M in 13F-reported U.S. long-equity assets across 10 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are BAP (24.82%), GGAL (15.58%), BSAC (14.98%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 0, added to 2, and trimmed 6.
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.
$281.8M
Long-equity book
10
Distinct positions
2026-03-31
Filed 2026-04-30
+1 / −0 / ↑2 / ↓6
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- BANCO SANTANDER CHILE NEW$9.1M +27.5%
- CREDICORP LTD$4.4M +6.8%
Top Trims
- FOMENTO ECONOMICO MEXICANO S-$27.7M -69.4%
- GRUPO FINANCIERO GALICIA S A-$6.8M -13.4%
- NU HLDGS LTD-$3.9M -15.2%
- LATAM AIRLINES GROUP SA-ADR-$3.7M -8.5%
- MERCADOLIBRE INC-$2.1M -14.2%
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 | CREDICORP LTD | BAP | G2519Y108 | $69.9M | 24.82% | 206,170 | SH |
| 2 | GRUPO FINANCIERO GALICIA S A | GGAL | 399909100 | $43.9M | 15.58% | 940,056 | SH |
| 3 | BANCO SANTANDER CHILE NEW | BSAC | 05965X109 | $42.2M | 14.98% | 1,263,892 | SH |
| 4 | LATAM AIRLINES GROUP SA-ADR | LTM | 51817R205 | $39.9M | 14.16% | 807,079 | SH |
| 5 | COPA HOLDINGS SA | CPA | P31076105 | $26.9M | 9.56% | 237,214 | SH |
| 6 | NU HLDGS LTD | NU | G6683N103 | $21.8M | 7.73% | 1,515,899 | SH |
| 7 | MERCADOLIBRE INC | MELI | 58733R102 | $12.9M | 4.58% | 7,467 | SH |
| 8 | FOMENTO ECONOMICO MEXICANO S | FMX | 344419106 | $12.2M | 4.34% | 110,104 | SH |
| 9 | ITAU UNIBANCO HLDG SA | ITUB | 465562106 | $6.6M | 2.33% | 783,087 | SH |
| 10 | ARCOS DORADOS HOLDINGS INC | ARCO | G0457F107 | $5.4M | 1.92% | 654,392 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-30 | $281.8M | 10 | 0001420506-26-000774 |
| 2025-12-31 | 2026-02-04 | $285.9M | 9 | 0001420506-26-000163 |