1y return+30.2%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2023: $139 against $157 in the S&P 500.2
Fourth Sail Capital LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| BCOBrinks Co | $93.2M | 14.1% | +137.4% |
| Dlocal LtdCUSIP G29018101 | $51.2M | 7.8% | +73.9% |
| AVOMission Produce Inc | $46.9M | 7.1% | +258.5% |
| Credicorp LtdCUSIP G2519Y108 | $46.5M | 7.1% | New |
| TXTernium Sa | $29.0M | 4.4% | New |
| HRLHormel Foods Corp | $27.9M | 4.2% | +10.5% |
| MEOHMethanex Corp | $27.5M | 4.2% | +83.9% |
| VISTVista Energy S.a.b. De C.v. | $26.5M | 4.0% | +73.0% |
| SFDSmithfield Foods Inc | $25.9M | 3.9% | −4.4% |
| CEPUCentral Puerto S A | $25.3M | 3.8% | +48.1% |
| VZLAVizsla Silver Corp | $25.0M | 3.8% | |
| Xp IncCUSIP G98239109 | $24.4M | 3.7% | New |
| LOMALoma Negra C I A S A Mtn 14 | $22.0M | 3.3% | −22.1% |
| SLVMSylvamo Corp | $17.6M | 2.7% | +9.2% |
| Geopark LtdCUSIP G38327105 | $17.5M | 2.7% | −13.4% |
| CXTCrane Nxt Co | $17.5M | 2.7% | New |
| WUWestern Un Co | $16.3M | 2.5% | New |
| VMCVulcan Matls Co | $16.0M | 2.4% | New |
| GGALGrupo Financiero Galicia S.a | $16.0M | 2.4% | New |
| Stoneco LtdCUSIP G85158106 | $15.9M | 2.4% | New |
| MLMMartin Marietta Matls Inc | $15.6M | 2.4% | New |
| Accenture PLC IrelandCUSIP G1151C101 | $15.5M | 2.4% | New |
| Patria Investments LimitedCUSIP G69451105 | $15.1M | 2.3% | New |
| TECKTeck Resources Ltd | $13.4M | 2.0% | −55.0% |
| EVEXEve Hldg Inc | $8.2M | 1.2% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| Geopark LtdCUSIP G38327105 | September 30, 2025 | +42.9% | $17.5M |
| Copa Holdings SaCUSIP P31076105 | December 31, 2025 | +29.0% | $3.8M |
| CEPUCentral Puerto S A | June 30, 2025 | +27.2% | $25.3M |
| TECKTeck Resources Ltd | December 31, 2025 | +24.2% | $13.4M |
| VZLAVizsla Silver Corp | June 30, 2025 | +12.2% | $25.0M |
| LOMALoma Negra C I A S A Mtn 14 | March 31, 2025 | +4.2% | $22.0M |
| SFDSmithfield Foods Inc | June 30, 2025 | +3.1% | $25.9M |
| AVOMission Produce Inc | December 31, 2025 | +1.6% | $46.9M |
| HRLHormel Foods Corp | September 30, 2025 | +0.3% | $27.9M |
| BCOBrinks Co | March 31, 2026 | −8.8% | $93.2M |
Sold off last quarter
- NATLNcr Atleos Corporation was $88.4M
- MELIMercadolibre Inc was $57.0M
- TEOTelecom Argentina Sa was $29.2M
- Liberty Latin America LtdCUSIP G9001E128 was $24.3M
- Intercorp Finl Svcs IncCUSIP P5626F128 was $18.6M
- YPFYpf Sociedad Anonima was $16.8M
- Calavo Growers IncCUSIP 128246105 was $16.3M
- EMBJEmbraer S.a. was $11.0M
- Liberty Latin America LtdCUSIP G9001E102 was $7.9M
- SXTSensient Technologies Corp was $3.7M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −1.1% | +14.8% |
| March 31, 2026 | −5.4% | −4.6% |
| December 31, 2025 | +29.9% | +2.4% |
| September 30, 2025 | +7.2% | +7.8% |
| June 30, 2025 | +10.5% | +10.5% |
| March 31, 2025 | −10.8% | −4.6% |
| December 31, 2024 | +1.4% | +2.1% |
| September 30, 2024 | +2.5% | +5.4% |
| June 30, 2024 | −1.6% | +4.0% |
| March 31, 2024 | +6.2% | +10.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Fourth Sail Capital LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1803158&type=13F-HR&dateb=&owner=include&count=40CIK 1803158
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1803158/000180315826000015/Filed August 5, 2026 · accession 0001803158-26-000015