INCA Investments LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, INCA Investments LLC maintained a portfolio of 10 distinct positions. The most significant new addition to the portfolio was LATAM AIRLINES GROUP, which now represents 15.25% of the total fund value. They heavily accumulated shares in CREDICORP LTD, increasing their position by 5.6%. Conversely, INCA Investments LLC completely exited their position in XP INC.
PCA Score Concentration Risk
Risk ENB
Total Positions
10
Quarter
2025 Q4
Top Holding
BAP (22.9%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-10 of 10
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
BAP
CREDICORP LTD
Financial Services 22.91% 26.47% #1
Prev: #1
8.0 12,183 5.6%
P
S
228,233 $65,502,871 2010 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GGAL
GRUPO FINANCIER...
Financial Services 17.74% 13.70% #2 1
Prev: #3
6.0 -140,105 -13.0%
P
S
940,056 $50,706,621 2011 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LTM
LATAM AIRLINES ...
Industrials 15.25% #3
Prev: #—
8.5 807,079 no change
NEW
807,079 $43,590,337 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FMX
FOMENTO ECONOMI...
Consumer Defensive 13.97% 16.78% #4 2
Prev: #2
6.5 25,536 6.9%
P
S
395,261 $39,949,029 2010 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BSAC
BANCO SANTANDER...
Financial Services 11.58% 8.72% #5
Prev: #5
7.0 349,082 48.8%
P
S
1,064,274 $33,109,564 2011 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NU
NU HLDGS LTD
Financial Services 8.99% 10.99% #6 2
Prev: #4
4.1 42,933 2.9%
P
S
1,534,540 $25,688,200 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MELI
MERCADOLIBRE IN...
Consumer Cyclical 5.26% 8.30% #7 1
Prev: #6
2.6 -252 -3.3%
P
S
7,467 $15,040,479 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ITUB
ITAU UNIBANCO H...
Preferred 2.28% 3.25% #8 1
Prev: #9
1.4 -50,571 -5.3%
P
S
911,377 $6,525,459 2010 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ARCO
ARCOS DORADOS H...
Consumer Cyclical 2.02% 3.78% #9 1
Prev: #8
0.8 -427,563 -35.2%
P
S
788,001 $5,783,927 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XP
XP INC
Financial Services 0.00% 8.01%
Sold All 😨
(Was: #7)
0.0 -926,752 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-10 of 10 holdings

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