Q2 2026 13F · SEC CIK 1803158
Fourth Sail Capital LP
Hedge fundFiled 2026-08-05 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $659.9M
- Reported positions
- 26
- Top holdings a year, 3 yrs
- +7.3%
- Average holding period
- 4 qtrs
Fourth Sail Capital LP is a hedge fund that reported 26 positions worth $659.9M in its Q2 2026 13F, filed 2026-08-05. Its largest holdings were Brinks Co (BCO, 14.1%), Dlocal Ltd (DLO, 7.8%), Mission Produce Inc (AVO, 7.1%). A portfolio copying its top holdings returned 7.3% a year over the last 3 years, against 18.8% for the S&P 500.
Fourth Sail Capital LP holdings all 26 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.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| BCOBrinks Co | 14.1% | +137.4% | $93.2M |
| DLODlocal Ltd | 7.8% | +73.9% | $51.2M |
| AVOMission Produce Inc | 7.1% | +258.5% | $46.9M |
| BAPCredicorp Ltd | 7.1% | — | $46.5M |
| TXTernium SA | 4.4% | — | $29.0M |
| HRLHormel Foods Corp | 4.2% | +10.5% | $27.9M |
| MEOHMethanex Corp | 4.2% | +83.9% | $27.5M |
| VISTVista Energy S.a.b. de C.v. | 4.0% | +73.0% | $26.5M |
| SFDSmithfield Foods Inc | 3.9% | -4.4% | $25.9M |
| CEPUCentral Puerto S A | 3.8% | +48.1% | $25.3M |
| VZLAVizsla Silver Co | 3.8% | +0.0% | $25.0M |
| XPXp Inc | 3.7% | — | $24.4M |
| LOMALoma Negra C I A S A Mtn 14 | 3.3% | -22.1% | $22.0M |
| SLVMSylvamo Corp | 2.7% | +9.2% | $17.6M |
| GPRKGeopark Ltd | 2.7% | -13.4% | $17.5M |
| CXTCrane Nxt Co | 2.7% | — | $17.5M |
| WUWestern Un Co | 2.5% | — | $16.3M |
| VMCVulcan Matls Co | 2.4% | — | $16.0M |
| GGALGrupo Financiero Galicia S.a | 2.4% | — | $16.0M |
| STNEStoneco Ltd | 2.4% | — | $15.9M |
| MLMMartin Marietta Matls Inc | 2.4% | — | $15.6M |
| ACNAccenture PLC Ireland | 2.4% | — | $15.5M |
| PAXPatria Investments Limited | 2.3% | — | $15.1M |
| TECKTeck Resources Ltd | 2.0% | -55.0% | $13.4M |
| EVEXEve Hldg Inc | 1.2% | — | $8.2M |
| CPACopa Holdings SA | 0.6% | -82.1% | $3.8M |
What Fourth Sail Capital LP bought and sold in Q2 2026, against Q1 2026.
New positions
- BAP Credicorp Ltd7.1% of 13F
- TX Ternium SA4.4% of 13F
- XP Xp Inc3.7% of 13F
- CXT Crane Nxt Co2.7% of 13F
- WU Western Un Co2.5% of 13F
- VMC Vulcan Matls Co2.4% of 13F
- GGAL Grupo Financiero Galicia S.a2.4% of 13F
- STNE Stoneco Ltd2.4% of 13F
Added to
- AVO Mission Produce Inc+258.5% shares
- BCO Brinks Co+137.4% shares
- MEOH Methanex Corp+83.9% shares
- DLO Dlocal Ltd+73.9% shares
- VIST Vista Energy S.a.b. de C.v.+73.0% shares
- CEPU Central Puerto S A+48.1% shares
- HRL Hormel Foods Corp+10.5% shares
- SLVM Sylvamo Corp+9.2% shares
Reduced
- CPA Copa Holdings SA-82.1% shares
- TECK Teck Resources Ltd-55.0% shares
- LOMA Loma Negra C I A S A Mtn 14-22.1% shares
- GPRK Geopark Ltd-13.4% shares
Sold out
- NATL Ncr Atleos Corporationwas 14.5%
- MELI Mercadolibre Incwas 9.4%
- TEO Telecom Argentina SAwas 4.8%
- LILAK Liberty Latin America Ltdwas 4.0%
- IFS Intercorp Finl Svcs Incwas 3.1%
- YPF Ypf Sociedad Anonimawas 2.8%
- CVGW Calavo Growers Incwas 2.7%
- EMBJ Embraer SA ADRwas 1.8%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +4.7% /yr
- S&P 500 +20.1%
- 3 years
- +7.3% /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.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $659.9M | 26 |
| Q1 2026 | $608.4M | 25 |
| Q4 2025 | $623.4M | 30 |
| Q3 2025 | $413.8M | 28 |
| Q2 2025 | $483.1M | 26 |
| Q1 2025 | $427.3M | 28 |
| Q4 2024 | $336.4M | 21 |
| Q3 2024 | $398.0M | 24 |
| Q2 2024 | $436.3M | 22 |
| Q1 2024 | $335.3M | 23 |
| Q4 2023 | $315.7M | 23 |
Questions about Fourth Sail Capital LP's portfolio
What stocks does Fourth Sail Capital LP own?
Fourth Sail Capital LP's latest 13F, for Q2 2026 and filed Aug 5, 2026, lists 26 positions worth $659.9M. The largest are Brinks Co (BCO) at 14.1%, Dlocal Ltd (DLO) at 7.8%, Mission Produce Inc (AVO) at 7.1%, Credicorp Ltd (BAP) at 7.1% and Ternium SA (TX) at 4.4%.
What did Fourth Sail Capital LP buy last quarter?
In Q2 2026, Fourth Sail Capital LP added a new position in Credicorp Ltd (BAP), a new position in Ternium SA (TX), a new position in Xp Inc (XP), a new position in Crane Nxt Co (CXT), a new position in Western Un Co (WU), Mission Produce Inc (AVO) (+258.5% shares), Brinks Co (BCO) (+137.4% shares) and Methanex Corp (MEOH) (+83.9% shares), compared with its Q1 2026 filing.
What did Fourth Sail Capital LP sell last quarter?
In Q2 2026, Fourth Sail Capital LP sold all of Ncr Atleos Corporation (NATL), sold all of Mercadolibre Inc (MELI), sold all of Telecom Argentina SA (TEO), sold all of Liberty Latin America Ltd (LILAK), sold all of Intercorp Finl Svcs Inc (IFS), Copa Holdings SA (CPA) (-82.1% shares), Teck Resources Ltd (TECK) (-55.0% shares) and Loma Negra C I A S A Mtn 14 (LOMA) (-22.1% shares), compared with its Q1 2026 filing.
How has Fourth Sail Capital LP's portfolio performed?
A portfolio copying Fourth Sail Capital LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +7.3% a year over the last 3 years, against +18.8% for the S&P 500. Over 1 year: +4.7% against +20.1%.
When is Fourth Sail Capital LP's next 13F filing due?
13F filings are due 45 days after each quarter ends. Fourth Sail Capital LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.