FC
Fundamenta Capital S.A.
High-turnover traderSector-focusedContrarian
Total reported value
$116.4M
Reporting period: 2026-03-31 · Number of holdings: 11
Fundamenta Capital S.A. disclosed 11 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $116.4M and a quarterly turnover rate of 105.9%.
Personality snowflake
- Concentration
- 52.17
- Portfolio Stability
- 100
- Momentum/Contrarian
- 0
- Sector conviction
- 100
- Diversification
- 22
- Sizing Uniformity
- 93.08
Recent moves
Add TGS
-4.5% $1.2M
Add PAM
-1.0% -$246.1K
Trim FMX
-37.4% -$4.2M
Add LOMA
-5.3% -$2.5M
Sold out EC
Sold out BMA
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | PAM | Pampa Energia Sa-spon Adr | Stock-Other | 19.97% | +3.87% | -1.04% | |
| 2 | TGS | Transportador Gas-adr Sp B | Stock-Other | 16.95% | +4.23% | -4.54% | |
| 3 | BAP | Credicorp Ltd. | Stock-Financials | 14.13% | +14.13% | NEW | |
| 4 | VIST | Vista Energy Sab De Cv | Stock-Other | 13.55% | +13.55% | NEW | |
| 5 | LOMA | Loma Negra Cia Ind-spon Adr | Stock-Other | 9.11% | +0.14% | -5.34% | |
| 6 | FMX | Fomento Economico Mex-sp Adr | Stock-Other | 8.00% | -1.27% | -37.36% | |
| 7 | ARCO | Arcos Dorados Holdings Inc. | Stock-Other | 6.65% | +6.65% | NEW | |
| 8 | CX | Cemex Sab-spons Adr Part Cer | Stock-Other | 4.31% | +4.31% | NEW | |
| 9 | EMBJ | Embraer Sa-spon Adr | Stock-Industrials | 3.57% | +3.57% | NEW | |
| 10 | BVN | Cia De Minas Buenaventur-adr | Stock-Other | 3.56% | +3.56% | NEW | |
| 11 | VLRS | Controladora Vuela Cia-adr | Stock-Other | 0.21% | +0.21% | NEW |
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
Fundamenta Capital S.A.'s most significant position changes for 2026-03-31: Sold out: Ecopetrol Sa-sponsored Adr (EC); Sold out: Banco Macro Sa-adr (BMA); New buy: Credicorp Ltd. (BAP); Sold out: Petroleo Brasileiro-spon Adr (PBR); New buy: Vista Energy Sab De Cv (VIST).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | TGS | Transportador Gas-adr Sp B | +4.2% | -4.54% | Trim |
| 2 | PAM | Pampa Energia Sa-spon Adr | +3.9% | -1.04% | Trim |
| 3 | LOMA | Loma Negra Cia Ind-spon Adr | +0.1% | -5.34% | Trim |
| 4 | FMX | Fomento Economico Mex-sp Adr | -1.3% | -37.36% | Trim |
| 5 | EC | Ecopetrol Sa-sponsored Adr | — | EXIT | Sold out |
| 6 | BMA | Banco Macro Sa-adr | — | EXIT | Sold out |
| 7 | BAP | Credicorp Ltd. | — | NEW | New buy |
| 8 | PBR | Petroleo Brasileiro-spon Adr | — | EXIT | Sold out |
| 9 | VIST | Vista Energy Sab De Cv | — | NEW | New buy |
| 10 | LTM | Latam Airlines Group Sa-adr | — | EXIT | Sold out |
| 11 | ARCO | Arcos Dorados Holdings Inc. | — | NEW | New buy |
| 12 | ✓ | Inter And Co INC Cl A | — | EXIT | Sold out |
| 13 | CX | Cemex Sab-spons Adr Part Cer | — | NEW | New buy |
| 14 | EMBJ | Embraer Sa-spon Adr | — | NEW | New buy |
| 15 | BVN | Cia De Minas Buenaventur-adr | — | NEW | New buy |
| 16 | CIB | Grupo Cibest Sa-adr | — | EXIT | Sold out |
| 17 | VLRS | Controladora Vuela Cia-adr | — | NEW | New buy |
FAQ
What is Fundamenta Capital S.A. and what type of investor is it?
Fundamenta Capital S.A. 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 $116.4M, spread across 11 disclosed positions.
What are Fundamenta Capital S.A.'s largest equity positions?
Based on the latest 13F filing, Fundamenta Capital S.A.'s top holdings by market value are:
1. Pampa Energia Sa-spon Adr (PAM) — $23.3M (20.0%)
2. Transportador Gas-adr Sp B (TGS) — $19.7M (16.9%)
3. Credicorp Ltd. (BAP) — $16.5M (14.1%)
4. Vista Energy Sab De Cv (VIST) — $15.8M (13.6%)
5. Loma Negra Cia Ind-spon Adr (LOMA) — $10.6M (9.1%)
What changes did Fundamenta Capital S.A. make in its most recent portfolio filing?
In the latest reported quarter, Fundamenta Capital S.A. made 17 notable position adjustments: 7 new positions were initiated, 0 existing holdings were added to, 4 positions were partially reduced, and 6 were completely exited. The largest of these moves: Sold out: Ecopetrol Sa-sponsored Adr (EC); Sold out: Banco Macro Sa-adr (BMA); New buy: Credicorp Ltd. (BAP); Sold out: Petroleo Brasileiro-spon Adr (PBR); New buy: Vista Energy Sab De Cv (VIST)
What sectors does Fundamenta Capital S.A. focus on?
Fundamenta Capital S.A. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 79.8%
• Industrials: 20.2%