Fundamenta Capital S.A. Quant / Systematic

Location: Montevideo, Uruguay

CIK: 0002088289 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Nov 3, 2026

Total Value: $143M (100.0% shares, 0.0% debt)

Holdings (12)

New Positions (2)

PBR PETROLEO BRASILEIRO S A 7.3%

Value $10.44M Shares 500,000 Share Price $20.87 Est. Cost/Share $19.00 Unrealized @ Report Date +9.9%

GPRK GEOPARK LTD 2.3%

Value $3.344M Shares 320,000 Share Price $10.45 Est. Cost/Share $10.22 Unrealized @ Report Date +2.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PBR	PETROLEO BRASILEIRO S A	500,000	$10.44M	7.3%	$20.87	$19.00	+9.9%	SPONSORED ADR	71654V408
GPRK	GEOPARK LTD	320,000	$3.344M	2.3%	$10.45	$10.22	+2.3%	USD SHS	G38327105

Increased Positions (7)

BCH BANCO DE CHILE 8.0%

Value $11.39M (+46.4%) Shares 284,726 (+45.5%) Share Price $40.01 Est. Cost/Share $39.04 Unrealized @ Report Date +2.5%

TGS TRANSPORTADORA DE GAS DEL SUR 10.5%

Value $14.96M (-8.8%) Shares 576,561 (+4.5%) Share Price $25.95 Est. Cost/Share $28.30 Unrealized @ Report Date -8.3%

BSAC BANCO SANTANDER CHILE 10.1%

Value $14.4M (+9.7%) Shares 431,778 (+8.3%) Share Price $33.36 Est. Cost/Share $32.49 Unrealized @ Report Date +2.7%

TEO TELECOM ARGENTINA SA 7.2%

Value $10.26M (+13.0%) Shares 835,790 (+19.8%) Share Price $12.27 Est. Cost/Share $12.73 Unrealized @ Report Date -3.6%

ENIC ENEL CHILE SA 14.6%

Value $20.93M (-4.6%) Shares 4,947,536 (+1.5%) Share Price $4.23 Est. Cost/Share $4.39 Unrealized @ Report Date -3.7%

PAM PAMPA ENERGIA SA 12.2%

Value $17.46M (-3.2%) Shares 224,498 (+2.3%) Share Price $77.77 Est. Cost/Share $80.68 Unrealized @ Report Date -3.6%

SQM SOCIEDAD QUIMICA Y MINERA DE CHILE 2.1%

Value $2.956M (-10.1%) Shares 45,570 (+2.6%) Share Price $64.87 Est. Cost/Share $83.44 Unrealized @ Report Date -22.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BCH	BANCO DE CHILE	284,726 (+45.5%)	$11.39M (+46.4%)	8.0%	$40.01	$39.04	+2.5%	SPONSORED ADS	059520106
TGS	TRANSPORTADORA DE GAS DEL SUR	576,561 (+4.5%)	$14.96M (-8.8%)	10.5%	$25.95	$28.30	-8.3%	SPONSORED ADS B	893870204
BSAC	BANCO SANTANDER CHILE	431,778 (+8.3%)	$14.4M (+9.7%)	10.1%	$33.36	$32.49	+2.7%	SP ADR REP COM	05965X109
TEO	TELECOM ARGENTINA SA	835,790 (+19.8%)	$10.26M (+13.0%)	7.2%	$12.27	$12.73	-3.6%	SPON ADR REP B	879273209
ENIC	ENEL CHILE SA	4,947,536 (+1.5%)	$20.93M (-4.6%)	14.6%	$4.23	$4.39	-3.7%	SPONSORED ADR	29278D105
PAM	PAMPA ENERGIA SA	224,498 (+2.3%)	$17.46M (-3.2%)	12.2%	$77.77	$80.68	-3.6%	SPONS ADR LVL I	697660207
SQM	SOCIEDAD QUIMICA Y MINERA DE CHILE	45,570 (+2.6%)	$2.956M (-10.1%)	2.1%	$64.87	$83.44	-22.3%	SPON ADR SER B	833635105

Exited Positions (4)

CCU COMPANIA CERVECERIAS UNIDAS 9.3%

Value $13.38M Shares 1,194,528 Share Price $11.20 * Est. Cost/Share $11.61 Unrealized @ Report Date -10.2%

VIST VISTA ENERGY S.A.B. DE C.V. 9.3%

Value $13.33M Shares 209,000 Share Price $63.80 * Est. Cost/Share $58.33 Unrealized @ Report Date +12.0%

EMBJ EMBRAER S.A. 7.0%

Value $9.961M Shares 156,126 Share Price $63.80 * Est. Cost/Share $64.56 Unrealized @ Report Date +16.7%

AXIA AXIA ENERGIA SA 2.5%

Value $3.52M Shares 333,367 Share Price $10.56 * Est. Cost/Share $10.56 Unrealized @ Report Date -9.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CCU	COMPANIA CERVECERIAS UNIDAS	1,194,528	$13.38M	9.3%	$11.20 *	$11.61	-10.2%	—	204429104
VIST	VISTA ENERGY S.A.B. DE C.V.	209,000	$13.33M	9.3%	$63.80 *	$58.33	+12.0%	—	92837L109
EMBJ	EMBRAER S.A.	156,126	$9.961M	7.0%	$63.80 *	$64.56	+16.7%	—	29082A107
AXIA	AXIA ENERGIA SA	333,367	$3.52M	2.5%	$10.56 *	$10.56	-9.8%	—	15234Q207

Decreased Positions (1)

BAP CREDICORP LTD 17.3%

Value $24.69M (-9.5%) Shares 65,000 (-7.1%) Share Price $379.87 Est. Cost/Share $337.25 Unrealized @ Report Date +12.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BAP	CREDICORP LTD	65,000 (-7.1%)	$24.69M (-9.5%)	17.3%	$379.87	$337.25	+12.6%	COM	G2519Y108

Unchanged Positions (2)

GGAL GRUPO FINANCIERO GALICIA S.A 4.7%

Value $6.787M Shares 182,260 Share Price $37.24 Est. Cost/Share $50.03 Unrealized @ Report Date -25.6%

ARCO ARCOS DORADOS HLDGS INC 3.8%

Value $5.501M Shares 769,415 Share Price $7.15 Est. Cost/Share $8.12 Unrealized @ Report Date -11.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GGAL	GRUPO FINANCIERO GALICIA S.A	182,260	$6.787M	4.7%	$37.24	$50.03	-25.6%	SPONSORED ADR	399909100
ARCO	ARCOS DORADOS HLDGS INC	769,415	$5.501M	3.8%	$7.15	$8.12	-11.9%	SHS CLASS -A -	G0457F107