Cape Ann Asset Management Ltd — 13F Holdings & Portfolio
CIK 1768237 · latest 13F-HR filed 2026-05-14
Cape Ann Asset Management Ltd manages $440.3M in 13F-reported U.S. long-equity assets across 11 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are KGC (26.14%), VIST (15.97%), ERO (11.81%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 0, added to 6, and trimmed 3.
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.
$440.3M
Long-equity book
11
Distinct positions
2026-03-31
Filed 2026-05-14
+1 / −0 / ↑6 / ↓3
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- VISTA ENERGY S.A.B. DE C.V.$36.8M +109.5%
- KINROSS GOLD CORP$15.5M +15.5%
- CREDICORP LTD$5.7M +18.1%
- PETROLEO BRASILEIRO SA PETRO$4.7M +72.3%
- ERO COPPER CORP$3.4M +7.0%
Top Trims
- COPA HOLDINGS SA-$9.1M -34.3%
- LAUREATE EDUCATION INC-$6.2M -24.9%
- BANCO MACRO SA-$5.5M -13.1%
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 | KINROSS GOLD CORP | KGC | 496902404 | $115.1M | 26.14% | 3,771,084 | SH |
| 2 | VISTA ENERGY S.A.B. DE C.V. | VIST | 92837L109 | $70.3M | 15.97% | 931,842 | SH |
| 3 | ERO COPPER CORP | ERO | 296006109 | $52.0M | 11.81% | 1,949,128 | SH |
| 4 | TERNIUM SA | TX | 880890108 | $42.9M | 9.74% | 1,067,811 | SH |
| 5 | CREDICORP LTD | BAP | G2519Y108 | $37.4M | 8.50% | 110,353 | SH |
| 6 | BANCO MACRO SA | BMA | 05961W105 | $36.4M | 8.27% | 470,908 | SH |
| 7 | ELDORADO GOLD CORP | EGO | 284902509 | $26.0M | 5.91% | 758,654 | SH |
| 8 | LAUREATE EDUCATION INC | LAUR | 518613203 | $18.6M | 4.22% | 533,022 | SH |
| 9 | COPA HOLDINGS SA | CPA | P31076105 | $17.4M | 3.95% | 153,248 | SH |
| 10 | KASPI KZ JSC | KSPI | 48581R205 | $13.0M | 2.95% | 175,512 | SH |
| 11 | PETROLEO BRASILEIRO SA PETRO | PBR.A | 71654V101 | $11.2M | 2.53% | 594,813 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $440.3M | 11 | 0000929638-26-001859 |
| 2025-12-31 | 2026-02-13 | $367.6M | 10 | 0000929638-26-000610 |
| 2025-09-30 | 2025-11-10 | $296.8M | 11 | 0000929638-25-004194 |