Cape Ann Asset Management Ltd

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Cape Ann Asset Management Ltd maintained a portfolio of 11 distinct positions. They heavily accumulated shares in KINROSS GOLD CORP, increasing their position by 0.9%. Conversely, Cape Ann Asset Management Ltd completely exited their position in QFIN HOLDINGS INC.
PCA Score Concentration Risk
Risk ENB
Total Positions
11
Quarter
2025 Q4
Top Holding
KGC (27.1%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-11 of 11
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
KGC
KINROSS GOLD CO...
Basic Materials 27.10% 29.37% #1
Prev: #1
6.5 30,300 0.9%
P
S
3,538,238 $99,636,782 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ERO
ERO COPPER CORP
Basic Materials 13.22% 7.06% #2 4
Prev: #6
8.5 682,500 65.9%
P
S
1,717,643 $48,592,120 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BMA
BANCO MACRO SA
Financial Services 11.40% 6.57% #3 5
Prev: #8
5.5 3,800 0.8%
P
S
465,016 $41,925,843 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TX
TERNIUM SA
Basic Materials 11.10% 10.37% #4 2
Prev: #2
7.0 182,000 20.5%
P
S
1,068,649 $40,811,705 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VIST
VISTA ENERGY S....
Energy 9.13% 6.76% #5 2
Prev: #7
6.2 106,300 18.2%
P
S
689,900 $33,570,534 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BAP
CREDICORP LTD
Financial Services 8.62% 9.82% #6 3
Prev: #3
3.9 900 0.8%
P
S
110,397 $31,683,939 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CPA
COPA HOLDINGS S...
Industrials 7.21% 8.73% #7 2
Prev: #5
3.4 1,800 0.8%
P
S
219,800 $26,510,078 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LAUR
LAUREATE EDUCAT...
Consumer Defensive 6.73% 9.77% #8 4
Prev: #4
2.7 -184,600 -20.1%
P
S
734,900 $24,744,083 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
KSPI
KASPI KZ JSC
Technology 3.72% 4.78% #9 1
Prev: #10
2.0 1,400 0.8%
P
S
175,100 $13,680,563 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PBR/A
PETROLEO BRASIL...
Energy 1.76% 1.81% #10 1
Prev: #11
3.2 119,700 26.3%
P
S
574,311 $6,472,485 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
QFIN
QFIN HOLDINGS I...
Financial Services 0.00% 4.95%
Sold All 😨
(Was: #9)
0.0 -510,700 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-11 of 11 holdings

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