Northcape Capital Pty Ltd

Sector-focusedMomentum followerConcentrated strategy

Total reported value

$741.8M

Reporting period: 2026-06-30 · Number of holdings: 8

Northcape Capital Pty Ltd disclosed 8 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $741.8M and a quarterly turnover rate of 19.1%.

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Personality snowflake

Concentration: 86.84
Portfolio Stability: 19.1
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 16
Sizing Uniformity: 90.82

Recent moves

Add HDB
+6.1%　$11.8M
Trim ITUB
-31.4%　-$35.9M
Add FMX
-9.1%　$2.5M
Trim AMXN
-19.4%　-$54.3M
Trim MELI
-17.4%　-$40.1M
Add PAC
-9.1%　-$3.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AMXN	America Movil-spn Adr Cl L	Stock-Other	33.75%	-1.40%	-19.44%
2	MELI	Mercadolibre INC	Stock-Consumer Disc	23.17%	-1.29%	-17.41%
3	HDB	Hdfc Bank Ltd-adr	Stock-Financials	17.34%	+3.87%	+6.07%
4	ITUB	Itau Unibanco H-spon Prf Adr	Stock-Financials	9.78%	-2.73%	-31.40%
5	FMX	Fomento Economico Mex-sp Adr	Stock-Other	7.74%	+1.41%	-9.15%
6	PAC	Grupo Aeroportuario Pac-adr	Stock-Other	5.93%	+0.49%	-9.13%
7	TLK	Telkom Indonesia Persero-adr	Stock-Other	2.04%	-0.28%	+4.51%
8	SPGI	S&p Global INC	Stock-Financials	0.27%	-0.04%	-23.39%

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-06-30	8	$741.8M	19	1AMXN 2MELI 3HDB Top holdings2026-06-30 1.AMXN 2.MELI 3.HDB 4.ITUB 5.FMX 6.PAC 7.TLK 8.SPGI
2026-03-31	8	$866.7M	24	1AMXN 2MELI 3HDB Top holdings2026-03-31 1.AMXN 2.MELI 3.HDB 4.ITUB 5.FMX 6.PAC 7.TLK 8.SPGI
2025-12-31	8	$866.9M	18	1MELI 2AMXN 3HDB Top holdings2025-12-31 1.MELI 2.AMXN 3.HDB 4.ITUB 5.PAC 6.FMX 7.TLK 8.SPGI
2025-09-30	8	$723.4M	96	1AMXN 2MELI 3HDB Top holdings2025-09-30 1.AMXN 2.MELI 3.HDB 4.ITUB 5.PAC 6.FMX 7.TLK 8.SPGI
2025-06-30	8	$785.7M	0	1HDB 2MELI 3AMXN Top holdings2025-06-30 1.HDB 2.MELI 3.AMXN 4.ITUB 5.PAC 6.FMX 7.TLK 8.SPGI
2024-12-31	31	$625.3M	0	1HDB 2AMXN 3MELI Top holdings2024-12-31 1.HDB 2.AMXN 3.MELI 4.ITUB 5.PAC 6.FMX 7.TLK 8.NVDA 9.GOOGL 10.079466
2024-09-30	34	$675.3M	0	1MELI 2AMXN 3HDB Top holdings2024-09-30 1.MELI 2.AMXN 3.HDB 4.ITUB 5.FMX 6.PAC 7.TLK 8.NVDA 9.GOOGL 10.594918
2024-06-30	31	$672.8M	0	1AMXN 2MELI 3HDB Top holdings2024-06-30 1.AMXN 2.MELI 3.HDB 4.ITUB 5.FMX 6.PAC 7.TLK 8.NVDA 9.GOOGL 10.V
2024-03-31	30	$870.3M	0	1TSM 2AMXN 3MELI Top holdings2024-03-31 1.TSM 2.AMXN 3.MELI 4.HDB 5.ITUB 6.FMX 7.PAC 8.TLK 9.NVDA 10.MRSH
2023-12-31	30	$844.6M	0	1TSM 2HDB 3AMXN Top holdings2023-12-31 1.TSM 2.HDB 3.AMXN 4.MELI 5.ITUB 6.FMX 7.PAC 8.TLK 9.EA 10.MRSH
2023-09-30	31	$660.9M	0	1TSM 2AMXN 3HDB Top holdings2023-09-30 1.TSM 2.AMXN 3.HDB 4.MELI 5.ITUB 6.FMX 7.TLK 8.PAC 9.MRSH 10.EA
2023-06-30	30	$788.8M	0	1TSM 2AMXN 3HDB Top holdings2023-06-30 1.TSM 2.AMXN 3.HDB 4.MELI 5.ITUB 6.FMX 7.VTMX 8.TLK 9.PAC 10.SPGI
2023-03-31	29	$812.9M	0	1TSM 2AMXN 3MELI Top holdings2023-03-31 1.TSM 2.AMXN 3.MELI 4.HDB 5.ITUB 6.FMX 7.PAC 8.TLK 9.DG 10.MRSH
2022-12-31	26	$811.5M	0	1TSM 2AMXN 3HDB Top holdings2022-12-31 1.TSM 2.AMXN 3.HDB 4.MELI 5.ITUB 6.TLK 7.FMX 8.DG 9.EA 10.PAC
2022-09-30	24	$780.6M	0	1TSM 2AMXN 3HDB Top holdings2022-09-30 1.TSM 2.AMXN 3.HDB 4.MELI 5.ITUB 6.TLK 7.PAC 8.FMX 9.DG 10.EA
2022-06-30	23	$798.8M	0	1AMXN 2TSM 3HDB Top holdings2022-06-30 1.AMXN 2.TSM 3.HDB 4.MELI 5.ITUB 6.TLK 7.PAC 8.DG 9.BDX 10.EA
2022-03-31	25	$978.2M	0	1AMXN 2TSM 3MELI Top holdings2022-03-31 1.AMXN 2.TSM 3.MELI 4.HDB 5.ITUB 6.TLK 7.PAC 8.EA 9.BDX 10.DG
2021-12-31	25	$981.8M	0	1TSM 2AMXN 3MELI Top holdings2021-12-31 1.TSM 2.AMXN 3.MELI 4.HDB 5.ITUB 6.PAC 7.TLK 8.DG 9.SPGI 10.MRSH
2021-09-30	26	$942.7M	0	1TSM 2AMXN 3MELI Top holdings2021-09-30 1.TSM 2.AMXN 3.MELI 4.HDB 5.ITUB 6.ABEV 7.PAC 8.DG 9.EA 10.SPGI
2021-06-30	24	$961.2M	100	1TSM 2AMXN 3MELI Top holdings2021-06-30 1.TSM 2.AMXN 3.MELI 4.HDB 5.ITUB 6.ABEV 7.PAC 8.DG 9.SPGI 10.EA
2021-03-31	23	$875.7M	13	1TSM 2HDB 3MELI Top holdings2021-03-31 1.TSM 2.HDB 3.MELI 4.AMXN 5.ITUB 6.ABEV 7.PAC 8.DG 9.EA 10.SPGI
2020-12-31	24	$955.0M	13	1TSM 2MELI 3HDB Top holdings2020-12-31 1.TSM 2.MELI 3.HDB 4.AMXN 5.ITUB 6.ABEV 7.PAC 8.EA 9.DG 10.SPGI
2020-09-30	24	$863.3M	33	1TSM 2MELI 3HDB Top holdings2020-09-30 1.TSM 2.MELI 3.HDB 4.AMXN 5.ITUB 6.ABEV 7.SIMO 8.SPGI 9.DG 10.EA
2020-06-30	25	$666.6M	30	1TSM 2MELI 3AMXN Top holdings2020-06-30 1.TSM 2.MELI 3.AMXN 4.HDB 5.ITUB 6.CL 7.ABEV 8.SIMO 9.EA 10.SPGI
2020-03-31	18	$490.6M	32	1TSM 2AMXN 3MELI Top holdings2020-03-31 1.TSM 2.AMXN 3.MELI 4.HDB 5.CL 6.ITUB 7.ABEV 8.SIMO 9.TLK 10.SPGI
2019-12-31	17	$625.0M	18	1TSM 2MELI 3HDB Top holdings2019-12-31 1.TSM 2.MELI 3.HDB 4.AMXN 5.ITUB 6.CL 7.ABEV 8.SIMO 9.BUD 10.TLK
2019-09-30	17	$567.1M	22	1TSM 2HDB 3MELI Top holdings2019-09-30 1.TSM 2.HDB 3.MELI 4.AMXN 5.ITUB 6.CL 7.BUD 8.ABEV 9.SIMO 10.SPGI
2019-06-30	17	$551.1M	15	1HDB 2TSM 3MELI Top holdings2019-06-30 1.HDB 2.TSM 3.MELI 4.AMXN 5.ITUB 6.SIMO 7.CL 8.ABEV 9.BUD 10.TLK
2019-03-31	17	$490.3M	16	1TSM 2HDB 3MELI Top holdings2019-03-31 1.TSM 2.HDB 3.MELI 4.AMXN 5.ITUB 6.SIMO 7.CL 8.ABEV 9.BUD 10.TLK
2018-12-31	17	$418.3M	33	1TSM 2HDB 3AMXN Top holdings2018-12-31 1.TSM 2.HDB 3.AMXN 4.MELI 5.ITUB 6.SIMO 7.CL 8.ABEV 9.BUD 10.TLK
2018-09-30	11	$358.3M	25	1TSM 2HDB 3AMXN Top holdings2018-09-30 1.TSM 2.HDB 3.AMXN 4.MELI 5.SIMO 6.BUD 7.CL 8.TLK 9.SPGI 10.FMX
2018-06-30	12	$368.4M	13	1TSM 2HDB 3AMXN Top holdings2018-06-30 1.TSM 2.HDB 3.AMXN 4.MELI 5.SIMO 6.XXI 7.BUD 8.CL 9.TLK 10.SPGI
2018-03-31	12	$403.0M	10	1TSM 2HDB 3MELI Top holdings2018-03-31 1.TSM 2.HDB 3.MELI 4.AMXN 5.XXI 6.SIMO 7.BUD 8.CL 9.TLK 10.FMX
2017-12-31	12	$397.0M	26	1TSM 2HDB 3MELI Top holdings2017-12-31 1.TSM 2.HDB 3.MELI 4.XXI 5.AMXN 6.SIMO 7.CL 8.BUD 9.TLK 10.FMX
2017-09-30	12	$363.2M	12	1TSM 2HDB 3CL Top holdings2017-09-30 1.TSM 2.HDB 3.CL 4.BUD 5.AMXN 6.XXI 7.SIMO 8.MELI 9.TLK 10.SPGI
2017-06-30	13	$337.7M	17	1TSM 2HDB 3CL Top holdings2017-06-30 1.TSM 2.HDB 3.CL 4.XXI 5.BUD 6.AMXN 7.SIMO 8.MELI 9.IFF 10.TLK
2017-03-31	13	$339.3M	27	1TSM 2XXI 3HDB Top holdings2017-03-31 1.TSM 2.XXI 3.HDB 4.CL 5.BUD 6.AMXN 7.SIMO 8.MELI 9.IFF 10.QCOM
2016-12-31	13	$277.2M	—	1TSM 2XXI 3HDB Top holdings2016-12-31 1.TSM 2.XXI 3.HDB 4.BUD 5.CL 6.AMXN 7.SIMO 8.QCOM 9.IFF 10.582839

Holding changes this quarter

Northcape Capital Pty Ltd's most significant position changes for 2026-06-30: Add: Hdfc Bank Ltd-adr (HDB) — shares +6.07%; Trim: Itau Unibanco H-spon Prf Adr (ITUB) — shares -31.40%; Trim: Fomento Economico Mex-sp Adr (FMX) — shares -9.15%; Trim: America Movil-spn Adr Cl L (AMXN) — shares -19.44%; Trim: Mercadolibre INC (MELI) — shares -17.41%.

Position changes disclosed by Northcape Capital Pty Ltd for the quarter ending 2026-06-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	HDB	Hdfc Bank Ltd-adr	+3.9%	+6.07%	Add
2	FMX	Fomento Economico Mex-sp Adr	+1.4%	-9.15%	Trim
3	PAC	Grupo Aeroportuario Pac-adr	+0.5%	-9.13%	Trim
4	SPGI	S&p Global INC	0%	-23.39%	Trim
5	TLK	Telkom Indonesia Persero-adr	-0.3%	+4.51%	Add
6	MELI	Mercadolibre INC	-1.3%	-17.41%	Trim
7	AMXN	America Movil-spn Adr Cl L	-1.4%	-19.44%	Trim
8	ITUB	Itau Unibanco H-spon Prf Adr	-2.7%	-31.40%	Trim

FAQ

What is Northcape Capital Pty Ltd and what type of investor is it?

Northcape Capital Pty 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 (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $741.8M, spread across 8 disclosed positions.

What are Northcape Capital Pty Ltd's largest equity positions?

Based on the latest 13F filing, Northcape Capital Pty Ltd's top holdings by market value are: 1. America Movil-spn Adr Cl L (AMXN) — $250.3M (33.8%) 2. Mercadolibre INC (MELI) — $171.9M (23.2%) 3. Hdfc Bank Ltd-adr (HDB) — $128.6M (17.3%) 4. Itau Unibanco H-spon Prf Adr (ITUB) — $72.5M (9.8%) 5. Fomento Economico Mex-sp Adr (FMX) — $57.4M (7.7%)

What changes did Northcape Capital Pty Ltd make in its most recent portfolio filing?

In the latest reported quarter, Northcape Capital Pty Ltd made 8 notable position adjustments: 0 new positions were initiated, 2 existing holdings were added to, 6 positions were partially reduced, and 0 were completely exited. The largest of these moves: Add: Hdfc Bank Ltd-adr (HDB) — shares +6.07%; Trim: Itau Unibanco H-spon Prf Adr (ITUB) — shares -31.40%; Trim: Fomento Economico Mex-sp Adr (FMX) — shares -9.15%; Trim: America Movil-spn Adr Cl L (AMXN) — shares -19.44%; Trim: Mercadolibre INC (MELI) — shares -17.41%

What sectors does Northcape Capital Pty Ltd focus on?

Northcape Capital Pty Ltd is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 54.2% • Consumer Discretionary: 45.8%