TGS β€” TRANSPORTADORA DE GAS SUR

Ownership history in Fourth Sail Capital LP  Β·  4 quarters on record

This page tracks every 13F SEC filing in which Fourth Sail Capital LP reported a position in TRANSPORTADORA DE GAS SUR (TGS). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
3.12% (2025 Q3)
πŸ“Š Avg. % of fund
1.65%
πŸ“… First filed
2025 Q1
πŸ“… Last filed
2025 Q4
⏱ Quarters held
4

Position Intelligence

Fourth Sail Capital LP Γ— TGS AI Analytics

πŸ“ˆ Fourth Sail Capital LP outperformed the S&P 500 by +7.1% annually on this TGS position. Timing score: 33% (1/3 decisions correct). Average cost basis: $23.20. Maximum drawdown during holding period: –20.5%.

πŸ“ˆ Position Alpha vs SPY
+7.1%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 7.1% per year on this position.
3 quarters analyzed

⏱️ Timing Score
33%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
1 of 3 add/trim decisions correct

πŸ’° Entry Quality
$23.20
+34.0% vs current ($31.09)

Best entry: $21.03 (2025 Q3)  Β·  Worst: $26.46 (2025 Q1)

πŸ›‘οΈ Drawdown Resilience
–20.5%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
75%
buy-side decisions

3 adds Β· 1 trim. Bought during 2 of 2 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Fourth Sail Capital LP has been actively increasing its TGS allocation β€” a bullish signal from insiders.
Currently 0.96% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    TGS price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 4 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 191,630 -423,261 -68.8% 0.96% $6.0M $31.09
2025 Q3 ADDED 614,891 +361,723 +142.9% 3.12% $12.9M $21.03
2025 Q2 ADDED 253,168 +68,465 +37.1% 1.36% $6.6M $25.90
2025 Q1 INITIATED 184,703 β€” β€” 1.14% $4.9M $26.46
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