Sagil Capital LLP

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, Sagil Capital LLP maintained a portfolio of 31 distinct positions. The most significant new addition to the portfolio was UNITED STS OIL FD LP, which now represents 28.79% of the total fund value. Conversely, Sagil Capital LLP completely exited their position in GRUPO AEROMEXICO SAB.
PCA Score Concentration Risk
Risk ENB
Total Positions
31
Quarter
2026 Q1
Top Holding
N/A (28.8%)
Top 10 Concentration
78.5%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-31 of 31
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
N/A
UNITED STS OIL ...
PUT
PUT Option 28.79% #1
Prev: #—
9.5 595,000 no change
NEW
595,000 $75,713,750 13F Filing 2026-03-31 2026-05-14
N/A
ISHARES TR
PUT
PUT Option 9.07% #2
Prev: #—
8.6 420,000 no change
NEW
420,000 $23,851,800 13F Filing 2026-03-31 2026-05-14
VIST
VISTA ENERGY S....
Energy 7.18% #3
Prev: #—
7.4 250,000 no change
NEW
250,000 $18,867,500 2019 Q3 13F Filing 2026-03-31 2026-05-14
B
BARRICK MNG COR...
Basic Materials 6.20% 4.76% #4
Prev: #4
3.5 -80,000 -16.7%
P
S
400,000 $16,316,000 2025 Q2 13F Filing 2026-03-31 2026-05-14
NEXA
NEXA RES S A
Basic Materials 5.39% 2.65% #5 4
Prev: #9
3.2 21,261 1.6%
P
S
1,337,794 $14,167,238 2018 Q2 13F Filing 2026-03-31 2026-05-14
N/A
PICS NV
Unknown 5.17% #6
Prev: #—
5.6 1,300,000 no change
NEW
1,300,000 $13,585,000 13F Filing 2026-03-31 2026-05-14
TEO
TELECOM ARGENTI...
Communication Services 5.14% 1.74% #7 4
Prev: #11
5.1 499,312 76.0%
P
S
1,156,409 $13,518,421 2025 Q4 13F Filing 2026-03-31 2026-05-14
GGAL
GRUPO FINANCIER...
Financial Services 4.12% #8
Prev: #—
5.1 231,958 no change
NEW
231,958 $10,834,758 2019 Q3 13F Filing 2026-03-31 2026-05-14
TEN
TSAKOS ENERGY N...
Energy 3.75% 4.40% #9 2
Prev: #7
1.5 -611,366 -71.0%
P
S
250,000 $9,865,000 2025 Q3 13F Filing 2026-03-31 2026-05-14
BBAR
BANCO BBVA ARGE...
Financial Services 3.66% #10
Prev: #—
5.0 600,000 no change
NEW
600,000 $9,636,000 2019 Q4 13F Filing 2026-03-31 2026-05-14
NU
NU HLDGS LTD
Financial Services 3.28% #11
Prev: #—
4.8 600,000 no change
NEW
600,000 $8,622,000 2025 Q2 13F Filing 2026-03-31 2026-05-14
ARMN
ARIS MINING COR...
Unknown 3.18% 1.66% #12
Prev: #12
2.3 no change no change
P
S
450,000 $8,365,239 2025 Q3 13F Filing 2026-03-31 2026-05-14
AGRO
ADECOAGRO S A
Consumer Defensive 2.88% #13
Prev: #—
4.7 503,476 no change
NEW
503,476 $7,562,210 2019 Q2 13F Filing 2026-03-31 2026-05-14
NTR
NUTRIEN LTD
Basic Materials 2.87% #14
Prev: #—
4.6 100,000 no change
NEW
100,000 $7,546,000 2026 Q1 13F Filing 2026-03-31 2026-05-14
N/A
PETROLEO BRASIL...
CALL
CALL Option 2.76% 0.94% #15 1
Prev: #16
2.1 no change no change
P
S
350,000 $7,262,500 13F Filing 2026-03-31 2026-05-14
ZIM
ZIM INTEGRATED ...
Industrials 2.72% 0.34% #16 4
Prev: #20
4.1 201,475 287.8%
P
S
271,475 $7,153,366 2025 Q4 13F Filing 2026-03-31 2026-05-14
LQD
ISHARES TR
ETF 1.50% 0.91% #17
Prev: #17
1.6 no change no change
P
S
36,200 $3,945,438 2019 Q3 13F Filing 2026-03-31 2026-05-14
GLOB
GLOBANT S A
Technology 1.32% #18
Prev: #—
4.0 75,000 no change
NEW
75,000 $3,458,250 2026 Q1 13F Filing 2026-03-31 2026-05-14
CPAC
CEMENTOS PACASM...
Basic Materials 1.02% 0.50% #19
Prev: #19
2.9 58,463 27.9%
P
S
268,197 $2,681,970 2022 Q2 13F Filing 2026-03-31 2026-05-14
AERO
GRUPO AEROMEXIC...
Industrials 0.00% 0.18%
Sold All 😨
(Was: #21)
0.0 -35,689 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-14
EXK
ENDEAVOUR SILVE...
Basic Materials 0.00% 0.84%
Sold All 😨
(Was: #18)
0.0 -390,000 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-14
GGB
GERDAU SA
Preferred 0.00% 1.32%
Sold All 😨
(Was: #15)
0.0 -1,567,825 -100.0%
CLOSED
$— 2018 Q2 13F Filing 2026-03-31 2026-05-14
CPA
COPA HOLDINGS S...
Industrials 0.00% 1.48%
Sold All 😨
(Was: #14)
0.0 -53,854 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2026-03-31 2026-05-14
PBR
PETROLEO BRASIL...
Energy 0.00% 1.65%
Sold All 😨
(Was: #13)
0.0 -611,224 -100.0%
CLOSED
$— 2019 Q4 13F Filing 2026-03-31 2026-05-14
ORAAF
AURA MINERALS I...
Unknown 0.00% 1.79%
Sold All 😨
(Was: #10)
0.0 -155,992 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-14
CMBT
CMB.TECH NV
Energy 0.00% 3.07%
Sold All 😨
(Was: #8)
0.0 -1,397,397 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2026-03-31 2026-05-14
TNK
TEEKAY TANKERS ...
Energy 0.00% 4.55%
Sold All 😨
(Was: #6)
0.0 -373,640 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2026-03-31 2026-05-14
PBR/A
PETROLEO BRASIL...
Energy 0.00% 4.62%
Sold All 😨
(Was: #5)
0.0 -1,800,000 -100.0%
CLOSED
$— 2018 Q2 13F Filing 2026-03-31 2026-05-14
USO
UNITED STS OIL ...
PUT
PUT Option 0.00% 6.22%
Sold All 😨
(Was: #3)
0.0 -395,000 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2026-03-31 2026-05-14
EWZ
ISHARES INC
PUT
PUT Option 0.00% 21.73%
Sold All 😨
(Was: #2)
0.0 -3,002,300 -100.0%
CLOSED
$— 2021 Q2 13F Filing 2026-03-31 2026-05-14
GLD
SPDR GOLD TR
PUT
PUT Option 0.00% 34.64%
Sold All 😨
(Was: #1)
0.0 -383,700 -100.0%
CLOSED
$— 2022 Q2 13F Filing 2026-03-31 2026-05-14
Showing 1-31 of 31 holdings

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