Q2 2026 13F · SEC CIK 1729347

ABS Direct Equity Fund LLC

Asset managerFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $159.2M
Reported positions: 111
Top holdings a year, 3 yrs: +2.4%
Average holding period: 1.8 yrs

ABS Direct Equity Fund LLC is an asset manager that reported 111 positions worth $159.2M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Pdd Holdings Inc (PDD, 9.0%), Pampa Energia SA (PAM, 5.2%), Kaspi Kz Jsc (KSPI, 4.2%). A portfolio copying its top holdings returned 2.4% a year over the last 3 years, against 18.8% for the S&P 500.

ABS Direct Equity Fund LLC holdings largest 50 of 111 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

ABS Direct Equity Fund LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
PDDPdd Holdings Inc	9.0%	5.7%	85,772	+13.2%	$14.3M
PAMPampa Energia SA	5.2%	4.9%	77,660	+5.0%	$8.3M
KSPIKaspi Kz Jsc	4.2%	4.5%	50,458	-32.6%	$6.6M
CXCemex Sab de Cv Spon ADR New	4.0%	6.0%	536,100	-22.5%	$6.4M
FMXFomento Economico Mexicano S	3.9%	5.5%	48,250	-26.1%	$6.2M
FLYWFlywire Corporation	3.9%	3.1%	350,000	+0.0%	$6.1M
SRESempra	3.4%	1.9%	50,093	+100.4%	$5.4M
MELIMercadolibre Inc	2.3%	4.0%	3,695	+27.0%	$3.7M
TGSTransportadora de Gas Del Su	2.3%	2.0%	124,861	+69.0%	$3.7M
PACGrupo Aeroportuario Del Pacifi	2.2%	2.8%	13,800	-6.9%	$3.5M
GFFGriffon Corp	2.1%	2.2%	35,000	-12.5%	$3.4M
GGALGrupo Financiero Galicia S.a	2.1%	—	67,845	—	$3.4M
TEOTelecom Argentina SA	1.9%	—	233,278	—	$3.0M
PARPar Technology Corp	1.6%	1.5%	150,000	+0.0%	$2.6M
PRKSUnited Parks & Resorts Inc	1.5%	1.2%	50,000	+0.0%	$2.4M
BMABanco Macro S A	1.4%	—	24,500	—	$2.3M
SHCSotera Health Co	1.4%	0.5%	125,000	+150.0%	$2.2M
CHHChoice Hotels Intl Inc	1.4%	2.0%	20,000	-20.5%	$2.2M
FIVNFive9 Inc	1.3%	1.9%	100,000	-39.4%	$2.1M
MUMicron Technology Inc	1.3%	0.4%	2,309	+156.6%	$2.0M
ASRGrupo Aeroportuario del Surest	1.3%	1.8%	6,500	-5.8%	$2.0M
VISTVista Energy S.a.b. de C.v.	1.2%	1.7%	31,100	+3.7%	$2.0M
ALABAstera Labs Inc	1.2%	0.4%	966	-59.7%	$2.0M
LRNStride Inc	1.1%	—	20,000	—	$1.7M
YMMFull Truck ADR	1.0%	—	202,072	—	$1.6M
BVNCompania de Minas Buenaventura	1.0%	0.4%	53,200	+309.2%	$1.6M
LOMALoma Negra C I A S A Mtn 14	1.0%	1.5%	133,100	-26.0%	$1.5M
BEBloom Energy Corp	1.0%	0.4%	605	-66.4%	$1.5M
TDOCTeladoc Health Inc	0.9%	—	178,438	—	$1.5M
GOOGLAlphabet Inc	0.9%	0.4%	715	-40.4%	$1.4M
NVDANvidia Corporation	0.9%	—	400	—	$1.4M
CSRCenterspace	0.9%	1.1%	25,000	+0.0%	$1.4M
OMABGrupo Aeroportuario Del Cent	0.9%	1.2%	12,400	-9.2%	$1.4M
GDDYGodaddy Inc	0.9%	—	170	—	$1.4M
AMZNAmazon Com Inc	0.9%	—	477	—	$1.4M
AMATApplied Matls Inc	0.8%	—	1,446	—	$1.3M
XPOFXponential Fitness Inc	0.8%	0.8%	193,730	+7.6%	$1.3M
MSFTMicrosoft Corp	0.8%	—	746	—	$1.3M
BSACBanco Santander (Chile)	0.8%	—	40,000	—	$1.3M
RXTRackspace Technology Inc	0.8%	—	200,000	—	$1.3M
FSLRFirst Solar Inc	0.8%	—	472	—	$1.3M
METAMeta Platforms Inc	0.8%	—	1,127	—	$1.3M
BBDBanco Bradesco S A Sp	0.8%	—	366,000	—	$1.3M
APHAmphenol Corp	0.8%	—	353	—	$1.3M
LRCXLam Research Corp	0.8%	—	867	—	$1.3M
MRVLMarvell Technology Inc	0.8%	—	596	—	$1.3M
WDCWestern Digital Corp Com	0.8%	—	1,277	—	$1.2M
CIENCiena Corp	0.7%	—	981	—	$1.1M
VTMXVesta Real Estate Corp	0.7%	—	30,400	—	$1.0M
TERTeradyne Inc	0.6%	—	968	—	$1.0M

What ABS Direct Equity Fund LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

BVN Compania de Minas Buenaventura+309.2% shares
MU Micron Technology Inc+156.6% shares
SHC Sotera Health Co+150.0% shares
SRE Sempra+100.4% shares
TGS Transportadora de Gas Del Su+69.0% shares
MELI Mercadolibre Inc+27.0% shares
PDD Pdd Holdings Inc+13.2% shares
XPOF Xponential Fitness Inc+7.6% shares

Reduced

BE Bloom Energy Corp-66.4% shares
ALAB Astera Labs Inc-59.7% shares
GOOGL Alphabet Inc-40.4% shares
FIVN Five9 Inc-39.4% shares
KSPI Kaspi Kz Jsc-32.6% shares
FMX Fomento Economico Mexicano S-26.1% shares
LOMA Loma Negra C I A S A Mtn 14-26.0% shares
CX Cemex Sab de Cv Spon ADR New-22.5% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +2.7% /yr; S&P 500 +20.1%
3 years: +2.4% /yr; S&P 500 +18.8%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$159.2M	111
Q1 2026	$130.9M	109
Q4 2025	$84.1M	36
Q3 2025	$69.9M	29
Q2 2025	$62.9M	33
Q1 2025	$74.8M	42
Q4 2024	$86.3M	38
Q3 2024	$89.8M	39
Q2 2024	$89.0M	39
Q1 2024	$102.1M	42
Q4 2023	$106.3M	43

Questions about ABS Direct Equity Fund LLC's portfolio

What stocks does ABS Direct Equity Fund LLC own?

ABS Direct Equity Fund LLC's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 111 positions worth $159.2M. The largest are Pdd Holdings Inc (PDD) at 9.0%, Pampa Energia SA (PAM) at 5.2%, Kaspi Kz Jsc (KSPI) at 4.2%, Cemex Sab de Cv Spon ADR New (CX) at 4.0% and Fomento Economico Mexicano S (FMX) at 3.9%.

What did ABS Direct Equity Fund LLC buy last quarter?

In Q2 2026, ABS Direct Equity Fund LLC added Compania de Minas Buenaventura (BVN) (+309.2% shares), Micron Technology Inc (MU) (+156.6% shares) and Sotera Health Co (SHC) (+150.0% shares), compared with its Q1 2026 filing.

What did ABS Direct Equity Fund LLC sell last quarter?

In Q2 2026, ABS Direct Equity Fund LLC cut from its top 50 Stoneco Ltd (STNE), cut from its top 50 Inter & Co Inc (INTR), cut from its top 50 Nu Hldgs Ltd (NU), cut from its top 50 Cellebrite Di Ltd (CLBT), cut from its top 50 Euronet Worldwide Inc (EEFT), Bloom Energy Corp (BE) (-66.4% shares), Astera Labs Inc (ALAB) (-59.7% shares) and Alphabet Inc (GOOGL) (-40.4% shares), compared with its Q1 2026 filing.

How has ABS Direct Equity Fund LLC's portfolio performed?

A portfolio copying ABS Direct Equity Fund LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +2.4% a year over the last 3 years, against +18.8% for the S&P 500. Over 1 year: +2.7% against +20.1%.

When is ABS Direct Equity Fund LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. ABS Direct Equity Fund LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.