Sagil Capital LLP Hedge Fund

CIK: 0001747744 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 13, 2025

Total Value ($000): $361,809 (100.0% shares, 0.0% debt)

Holdings (18)

GLD SPDR GOLD TR 30.8%

Value ($000) $111,511 Shares 313,700 Est. Cost — Unrealized —

EWZ ISHARES INC 18.4%

Value ($000) $66,721 Shares 2,152,300 Est. Cost — Unrealized —

B BARRICK MNG CORP 7.2%

Value ($000) $26,216 Shares 800,000 Est. Cost $19.29 Unrealized +30.4%

PBR/A PETROLEO BRASILEIRO SA PETRO 5.9%

Value ($000) $21,276 Shares 1,800,000 Est. Cost $12.23 Unrealized —

TNK TEEKAY TANKERS LTD 5.4%

Value ($000) $19,517 Shares 386,099 Est. Cost $44.92 Unrealized +5.3%

XLE SELECT SECTOR SPDR TR 4.9%

Value ($000) $17,868 Shares 200,000 Est. Cost — Unrealized —

SLV ISHARES SILVER TR 4.7%

Value ($000) $16,948 Shares 400,000 Est. Cost $37.59 Unrealized —

TEN TSAKOS ENERGY NAVIGATION LTD 4.7%

Value ($000) $16,833 Shares 757,565 Est. Cost $21.00 Unrealized 0.0%

MOS MOSAIC CO NEW 3.6%

Value ($000) $13,074 Shares 377,000 Est. Cost $33.96 Unrealized 0.0%

BVN COMPANIA DE MINAS BUENAVENTU 3.0%

Value ($000) $10,888 Shares 447,516 Est. Cost $13.24 Unrealized —

TDW TIDEWATER INC NEW 3.0%

Value ($000) $10,760 Shares 201,763 Est. Cost $46.89 Unrealized +16.9%

ARIS ARIS MNG CORP 2.6%

Value ($000) $9,279 Shares 947,600 Est. Cost $7.97 Unrealized 0.0%

CMBT CMB.TECH NV 1.6%

Value ($000) $5,621 Shares 598,570 Est. Cost $9.16 Unrealized 0.0%

GGB GERDAU SA 1.3%

Value ($000) $4,860 Shares 1,567,825 Est. Cost $3.10 Unrealized —

LQD ISHARES TR 1.1%

Value ($000) $4,035 Shares 36,200 Est. Cost $109.61 Unrealized —

SLSR SOLARIS RES INC 1.1%

Value ($000) $3,972 Shares 623,100 Est. Cost $5.31 Unrealized 0.0%

CPAC CEMENTOS PACASMAYO S A A 0.4%

Value ($000) $1,460 Shares 209,734 Est. Cost $4.98 Unrealized —

GRO BRAZIL POTASH CORP 0.3%

Value ($000) $968 Shares 359,995 Est. Cost $1.92 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLD	SPDR GOLD TR	313,700	$111,511	30.8%	—	—	Put	78463V107
EWZ	ISHARES INC	2,152,300	$66,721	18.4%	—	—	Put	464286400
B	BARRICK MNG CORP	800,000	$26,216	7.2%	$19.29	+30.4%	COM SHS	06849F108
PBR/A	PETROLEO BRASILEIRO SA PETRO	1,800,000	$21,276	5.9%	$12.23	—	SP ADR NON VTG	71654V101
TNK	TEEKAY TANKERS LTD	386,099	$19,517	5.4%	$44.92	+5.3%	CL A	G8726X106
XLE	SELECT SECTOR SPDR TR	200,000	$17,868	4.9%	—	—	Put	81369Y506
SLV	ISHARES SILVER TR	400,000	$16,948	4.7%	$37.59	—	ISHARES	46428Q109
TEN	TSAKOS ENERGY NAVIGATION LTD	757,565	$16,833	4.7%	$21.00	0.0%	SHS	G9108L173
MOS	MOSAIC CO NEW	377,000	$13,074	3.6%	$33.96	0.0%	COM	61945C103
BVN	COMPANIA DE MINAS BUENAVENTU	447,516	$10,888	3.0%	$13.24	—	SPONSORED ADR	204448104
TDW	TIDEWATER INC NEW	201,763	$10,760	3.0%	$46.89	+16.9%	COM	88642R109
ARIS	ARIS MNG CORP	947,600	$9,279	2.6%	$7.97	0.0%	COM	04040Y109
CMBT	CMB.TECH NV	598,570	$5,621	1.6%	$9.16	0.0%	SHS	B38564108
GGB	GERDAU SA	1,567,825	$4,860	1.3%	$3.10	—	SPON ADR REP PFD	373737105
LQD	ISHARES TR	36,200	$4,035	1.1%	$109.61	—	IBOXX INV CP ET	464287242
SLSR	SOLARIS RES INC	623,100	$3,972	1.1%	$5.31	0.0%	COM NEW	83419D201
CPAC	CEMENTOS PACASMAYO S A A	209,734	$1,460	0.4%	$4.98	—	SPONSORED ADR	15126Q208
GRO	BRAZIL POTASH CORP	359,995	$968	0.3%	$1.92	0.0%	COMMON SHARES	10586A108