Fundamenta Capital S.A. — 13F Holdings & Portfolio
CIK 2088289 · latest 13F-HR filed 2026-07-28
Fundamenta Capital S.A. manages $101.8M in 13F-reported U.S. long-equity assets across 8 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are PAM (22.83%), TGS (19.37%), BAP (16.15%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 5 new positions, exited 2, added to 1, and trimmed 1.
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.
ZONAMERICA, CELEBRA BUILDING, OF. 603
MONTEVIDEO 91600
$101.8M
Long-equity book
8
Distinct positions
2026-03-31
Filed 2026-07-28
+5 / −2 / ↑1 / ↓1
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
New Positions
- CREDICORP LTD$16.5M
- VISTA ENERGY S.A.B. DE C.V.$15.8M
- ARCOS DORADOS HLDGS INC$7.7M
- EMBRAER S.A.$4.2M
- COMPANIA DE MINAS BUENAVENTU$4.1M
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 | PAMPA ENERGIA SA | PAM | 697660207 | $23.3M | 22.83% | 262,713 | SH |
| 2 | TRANSPORTADORA DE GAS DEL SU | TGS | 893870204 | $19.7M | 19.37% | 570,013 | SH |
| 3 | CREDICORP LTD | BAP | G2519Y108 | $16.5M | 16.15% | 48,500 | SH |
| 4 | VISTA ENERGY S.A.B. DE C.V. | VIST | 92837L109 | $15.8M | 15.49% | 209,000 | SH |
| 5 | LOMA NEGRA C I A S A MTN 14 | LOMA | 54150E104 | $10.6M | 10.42% | 956,586 | SH |
| 6 | ARCOS DORADOS HLDGS INC | ARCO | G0457F107 | $7.7M | 7.60% | 938,239 | SH |
| 7 | EMBRAER S.A. | EMBJ | 29082A107 | $4.2M | 4.08% | 70,000 | SH |
| 8 | COMPANIA DE MINAS BUENAVENTU | BVN | 204448104 | $4.1M | 4.07% | 115,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-04 | $116.4M | 11 | 0002088289-26-000003 |
| 2026-03-31 | 2026-07-28 | $101.8M | 8 | 0002088289-26-000006 |
| 2025-12-31 | 2026-01-27 | $145.9M | 10 | 0002088289-26-000001 |
| 2025-12-31 | 2026-07-28 | $87.3M | 5 | 0002088289-26-000005 |