Cape Ann Asset Management Ltd — 13F Holdings & Portfolio

CIK 1768237 · latest 13F-HR filed 2026-08-11

Cape Ann Asset Management Ltd manages $434.4M in 13F-reported U.S. long-equity assets across 12 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are KGC (19.09%), VIST (14.39%), ERO (12.65%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 1 new position, exited 0, added to 6, and trimmed 4.

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.

Filer Information
Address
1 DUKE'S MEWS
LONDON W1U 3ET
Phone
44 203 443 8480
Filing Manager
Cape Ann Asset Management Ltd
LONDON, X0
Signatory
Geoffrey P. Summers
Chief Compliance Officer
Loading holdings…
AUM

$434.4M

Long-equity book

Holdings

12

Distinct positions

Period

2026-06-30

Filed 2026-08-11

Q/Q Activity

+1 / −0 / ↑6 / ↓4

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • COPA HOLDINGS SA$4.9M +28.0%
  • BANCO MACRO SA$4.3M +11.8%
  • ELDORADO GOLD CORP$3.0M +11.4%
  • ERO COPPER CORP$3.0M +5.7%
  • CREDICORP LTD$2.7M +7.3%
Show all 6

Top Trims

  • KINROSS GOLD CORP-$32.2M -28.0%
  • LAUREATE EDUCATION INC-$18.3M -98.7%
  • VISTA ENERGY S.A.B. DE C.V.-$7.8M -11.1%
  • PETROLEO BRASILEIRO SA PETRO-$3.2M -29.0%
Show all 4

New Positions

  • TENCENT MUSIC ENTMT GROUP$37.0M
Show all 1

Exited Positions

  • No exits this quarter.
Show all 0
All Holdings

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 $82.9M 19.09% 3,510,314 SH
2 VISTA ENERGY S.A.B. DE C.V. VIST 92837L109 $62.5M 14.39% 979,693 SH
3 ERO COPPER CORP ERO 296006109 $54.9M 12.65% 2,053,705 SH
4 TERNIUM SA TX 880890108 $42.5M 9.79% 996,424 SH
5 BANCO MACRO SA BMA 05961W105 $40.7M 9.38% 439,918 SH
6 CREDICORP LTD BAP G2519Y108 $40.2M 9.25% 103,105 SH
7 TENCENT MUSIC ENTMT GROUP TME 88034P109 $37.0M 8.51% 4,426,136 SH
8 ELDORADO GOLD CORP EGO 284902509 $29.0M 6.68% 933,066 SH
9 COPA HOLDINGS SA CPA P31076105 $22.3M 5.13% 143,256 SH
10 KASPI KZ JSC KSPI 48581R205 $14.2M 3.27% 163,880 SH
11 PETROLEO BRASILEIRO SA PETRO PBR.A 71654V101 $7.9M 1.82% 540,913 SH
12 LAUREATE EDUCATION INC LAUR 518613203 $241.1K 0.06% 6,637 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-11 $434.4M 12 0000929638-26-002977
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