Funds · 13F filer · Montevideo, X3

Fundamenta Capital S.A.

$172.4M in 14 U.S. stocks and ETFs at the end of June 30, 2026, as reported to the SEC.1

Returns–Not enough quarters yet

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.

Top holdings

At the end of June 30, 2026. Change is in shares since the quarter before.2

StockValueShare of portfolioChange
Credicorp LtdCUSIP G2519Y108$27.3M15.8%+44.3%
ENICEnel Chile Sa$21.9M12.7%New
PAMPampa Energia Sa$18.0M10.5%−16.4%
TGSTransportadora De Gas Del Su$16.4M9.5%−3.2%
CCUCompania Cervecerias Unidas$13.4M7.8%New
VISTVista Energy S.a.b. De C.v.$13.3M7.7%
BSACBanco Santander Chile New$13.1M7.6%New
EMBJEmbraer S.a.$10.0M5.8%+123.0%
GGALGrupo Financiero Galicia S.a$9.1M5.3%New
TEOTelecom Argentina Sa$9.1M5.3%New
BCHBanco De Chile$7.8M4.5%New
Arcos Dorados Hldgs IncCUSIP G0457F107$6.2M3.6%−18.0%
AXIAYAxia Energia Sa$3.5M2.0%New
SQMSociedad Quimica Y Minera De$3.3M1.9%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).

StockHeld sinceReturn sinceNow worth
Credicorp LtdCUSIP G2519Y108March 31, 2026+14.9%$27.3M
EMBJEmbraer S.a.March 31, 2026+7.5%$10.0M
Arcos Dorados Hldgs IncCUSIP G0457F107March 31, 2026−2.3%$6.2M
TGSTransportadora De Gas Del SuDecember 31, 2025−4.4%$16.4M
PAMPampa Energia SaDecember 31, 2025−7.2%$18.0M
VISTVista Energy S.a.b. De C.v.March 31, 2026−15.5%$13.3M

Sold off last quarter

  • LOMALoma Negra C I A S A Mtn 14 was $10.6M
  • BVNCompania De Minas Buenaventu was $4.1M

Quarter by quarter

QuarterIts picksS&P 500
June 30, 2026−4.7%+14.8%
March 31, 2026−4.0%−4.6%

Sources

Every number on this page points here. Each one links to the public record.

  1. 1
    CIK 2088289
  2. 2
    Filed July 28, 2026 · accession 0002088289-26-000004