CA

Cape Ann Asset Management Ltd

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$440.3M

Reporting period: 2026-03-31 · Number of holdings: 11

Cape Ann Asset Management Ltd disclosed 11 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $440.3M and a quarterly turnover rate of 28.6%.

Personality snowflake

Concentration
55.87
Portfolio Stability
28.61
Momentum/Contrarian
100
Sector conviction
100
Diversification
22
Sizing Uniformity
92.32

Recent moves

  • Add VIST

    +35.1%　$36.8M

  • Trim CPA

    -30.3%　-$9.1M

  • Trim BMA

    +1.3%　-$5.5M

  • Trim LAUR

    -27.5%　-$6.2M

  • Trim ERO

    +13.5%　$3.4M

  • Trim TX

    -0.1%　$2.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1KGCKinross Gold CORPStock-Materials26.14%-0.96%+6.58%
2VISTVista Energy Sab De CvStock-Other15.97%+6.84%+35.07%
3EROEro Copper CORPStock-Other11.81%-1.41%+13.48%
4TXTernium Sa-sponsored AdrStock-Other9.74%-1.36%-0.08%
5BAPCredicorp Ltd.Stock-Financials8.50%-0.12%-0.04%
6BMABanco Macro Sa-adrStock-Other8.27%-3.13%+1.27%
7EGOEldorado Gold CORPStock-Other5.91%+5.92%NEW
8LAURLaureate Education INCStock-Other4.22%-2.51%-27.47%
9CPACopa Holdings, S.A.Stock-Other3.95%-3.26%-30.28%
10KSPIJsc Kaspi.kz AdrStock-Other2.95%-0.77%+0.24%
11PBR-APetroleo Brasil-sp Pref AdrStock-Other2.53%+0.77%+3.57%

Holding changes this quarter

Cape Ann Asset Management Ltd's most significant position changes for 2026-03-31: New buy: Eldorado Gold CORP (EGO); Add: Vista Energy Sab De Cv (VIST) — shares +35.07%; Trim: Copa Holdings, S.A. (CPA) — shares -30.28%; Add: Banco Macro Sa-adr (BMA) — shares +1.27%; Trim: Laureate Education INC (LAUR) — shares -27.47%.

Position changes disclosed by Cape Ann Asset Management Ltd for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1VISTVista Energy Sab De Cv+6.8%+35.07%Add
2PBR-APetroleo Brasil-sp Pref Adr+0.8%+3.57%Add
3BAPCredicorp Ltd.-0.1%-0.04%Trim
4KSPIJsc Kaspi.kz Adr-0.8%+0.24%Add
5KGCKinross Gold CORP-1%+6.58%Add
6TXTernium Sa-sponsored Adr-1.4%-0.08%Trim
7EROEro Copper CORP-1.4%+13.48%Add
8LAURLaureate Education INC-2.5%-27.47%Trim
9BMABanco Macro Sa-adr-3.1%+1.27%Add
10CPACopa Holdings, S.A.-3.3%-30.28%Trim
11EGOEldorado Gold CORP—NEWNew buy

FAQ

What is Cape Ann Asset Management Ltd and what type of investor is it?
Cape Ann Asset Management Ltd is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $440.3M, spread across 11 disclosed positions.
What are Cape Ann Asset Management Ltd's largest equity positions?
Based on the latest 13F filing, Cape Ann Asset Management Ltd's top holdings by market value are: 1. Kinross Gold CORP (KGC) — $115.1M (26.1%) 2. Vista Energy Sab De Cv (VIST) — $70.3M (16.0%) 3. Ero Copper CORP (ERO) — $52.0M (11.8%) 4. Ternium Sa-sponsored Adr (TX) — $42.9M (9.7%) 5. Credicorp Ltd. (BAP) — $37.4M (8.5%)
What changes did Cape Ann Asset Management Ltd make in its most recent portfolio filing?
In the latest reported quarter, Cape Ann Asset Management Ltd made 11 notable position adjustments: 1 new positions were initiated, 6 existing holdings were added to, 4 positions were partially reduced, and 0 were completely exited. The largest of these moves: New buy: Eldorado Gold CORP (EGO); Add: Vista Energy Sab De Cv (VIST) — shares +35.07%; Trim: Copa Holdings, S.A. (CPA) — shares -30.28%; Add: Banco Macro Sa-adr (BMA) — shares +1.27%; Trim: Laureate Education INC (LAUR) — shares -27.47%
What sectors does Cape Ann Asset Management Ltd focus on?
Cape Ann Asset Management Ltd is concentrated in the following sectors based on its current disclosed equity portfolio: • Materials: 75.5% • Financials: 24.5%