Cape Ann Asset Management Ltd Concentrated Active

Location: London, United Kingdom

CIK: 0001768237 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $368M (100.0% shares, 0.0% debt)

Holdings (10)

KGC KINROSS GOLD CORP 27.1%

Value $99.64M Shares 3,538,238 Est. Cost $5.34 Unrealized +386.9%

ERO ERO COPPER CORP 13.2%

Value $48.59M Shares 1,717,643 Est. Cost $17.40 Unrealized +33.9%

BMA BANCO MACRO SA 11.4%

Value $41.93M Shares 465,016 Est. Cost $70.66 Unrealized —

TX TERNIUM SA 11.1%

Value $40.81M Shares 1,068,649 Est. Cost $27.82 Unrealized —

VIST VISTA ENERGY S.A.B. DE C.V. 9.1%

Value $33.57M Shares 689,900 Est. Cost $47.94 Unrealized —

BAP CREDICORP LTD 8.6%

Value $31.68M Shares 110,397 Est. Cost $128.38 Unrealized +106.2%

CPA COPA HOLDINGS SA 7.2%

Value $26.51M Shares 219,800 Est. Cost $88.34 Unrealized +37.3%

LAUR LAUREATE EDUCATION INC 6.7%

Value $24.74M Shares 734,900 Est. Cost $15.28 Unrealized +102.0%

KSPI KASPI KZ JSC 3.7%

Value $13.68M Shares 175,100 Est. Cost $81.68 Unrealized —

PBR/A PETROLEO BRASILEIRO SA PETRO 1.8%

Value $6.472M Shares 574,311 Est. Cost $10.13 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
KGC	KINROSS GOLD CORP	3,538,238	$99.64M	27.1%	$5.34	+386.9%	COM	496902404
ERO	ERO COPPER CORP	1,717,643	$48.59M	13.2%	$17.40	+33.9%	COM	296006109
BMA	BANCO MACRO SA	465,016	$41.93M	11.4%	$70.66	—	SPON ADR B	05961W105
TX	TERNIUM SA	1,068,649	$40.81M	11.1%	$27.82	—	SPONSORED ADS	880890108
VIST	VISTA ENERGY S.A.B. DE C.V.	689,900	$33.57M	9.1%	$47.94	—	SPONSORED ADS	92837L109
BAP	CREDICORP LTD	110,397	$31.68M	8.6%	$128.38	+106.2%	COM	G2519Y108
CPA	COPA HOLDINGS SA	219,800	$26.51M	7.2%	$88.34	+37.3%	CL A	P31076105
LAUR	LAUREATE EDUCATION INC	734,900	$24.74M	6.7%	$15.28	+102.0%	COMMON STOCK	518613203
KSPI	KASPI KZ JSC	175,100	$13.68M	3.7%	$81.68	—	SPONSORED ADS	48581R205
PBR/A	PETROLEO BRASILEIRO SA PETRO	574,311	$6.472M	1.8%	$10.13	—	SP ADR NON VTG	71654V101