Q2 2026 13F · SEC CIK 2088289
Fundamenta Capital S.A.
Hedge fundFiled 2026-07-28 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $172.4M
- Reported positions
- 14
- Holdings vs S&P 500, 3 yrs
- —
- Average holding period
- 2 qtrs
Fundamenta Capital S.A. is a hedge fund that reported 14 positions worth $172.4M in its Q2 2026 13F, filed 2026-07-28. Its largest holdings were Credicorp Ltd (BAP, 15.8%), Enel Chile SA (ENIC, 12.7%), Pampa Energia SA (PAM, 10.5%).
Fundamenta Capital S.A. holdings all 14 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 |
|---|---|---|---|
| BAPCredicorp Ltd | 15.8% | +44.3% | $27.3M |
| ENICEnel Chile SA | 12.7% | — | $21.9M |
| PAMPampa Energia SA | 10.5% | -16.4% | $18.0M |
| TGSTransportadora de Gas Del Su | 9.5% | -3.2% | $16.4M |
| CCUCompania Cervecerias Unidas | 7.8% | — | $13.4M |
| VISTVista Energy S.a.b. de C.v. | 7.7% | +0.0% | $13.3M |
| BSACBanco Santander (Chile) | 7.6% | — | $13.1M |
| EMBJEmbraer SA ADR | 5.8% | +123.0% | $10.0M |
| GGALGrupo Financiero Galicia S.a | 5.3% | — | $9.1M |
| TEOTelecom Argentina SA | 5.3% | — | $9.1M |
| BCHBanco de Chile | 4.5% | — | $7.8M |
| ARCOArcos Dorados Hldgs Inc | 3.6% | -18.0% | $6.2M |
| AXIAYCentrais Elet Bras SA | 2.0% | — | $3.5M |
| SQMSociedad Quimica Y Minera de | 1.9% | — | $3.3M |
What Fundamenta Capital S.A. bought and sold in Q2 2026, against Q1 2026.
New positions
- ENIC Enel Chile SA12.7% of 13F
- CCU Compania Cervecerias Unidas7.8% of 13F
- BSAC Banco Santander (Chile)7.6% of 13F
- GGAL Grupo Financiero Galicia S.a5.3% of 13F
- TEO Telecom Argentina SA5.3% of 13F
- BCH Banco de Chile4.5% of 13F
- AXIAY Centrais Elet Bras SA2.0% of 13F
- SQM Sociedad Quimica Y Minera de1.9% of 13F
Added to
- EMBJ Embraer SA ADR+123.0% shares
- BAP Credicorp Ltd+44.3% shares
Reduced
- ARCO Arcos Dorados Hldgs Inc-18.0% shares
- PAM Pampa Energia SA-16.4% shares
Sold out
- LOMA Loma Negra C I A S A Mtn 14was 10.4%
- BVN Compania de Minas Buenaventurawas 4.1%
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
- —
- 3 years
- —
- 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 | $172.4M | 14 |
| Q1 2026 | $101.8M | 8 |
Questions about Fundamenta Capital S.A.'s portfolio
What stocks does Fundamenta Capital S.A. own?
Fundamenta Capital S.A.'s latest 13F, for Q2 2026 and filed Jul 28, 2026, lists 14 positions worth $172.4M. The largest are Credicorp Ltd (BAP) at 15.8%, Enel Chile SA (ENIC) at 12.7%, Pampa Energia SA (PAM) at 10.5%, Transportadora de Gas Del Su (TGS) at 9.5% and Compania Cervecerias Unidas (CCU) at 7.8%.
What did Fundamenta Capital S.A. buy last quarter?
In Q2 2026, Fundamenta Capital S.A. added a new position in Enel Chile SA (ENIC), a new position in Compania Cervecerias Unidas (CCU), a new position in Banco Santander (Chile) (BSAC), a new position in Grupo Financiero Galicia S.a (GGAL), a new position in Telecom Argentina SA (TEO), Embraer SA ADR (EMBJ) (+123.0% shares) and Credicorp Ltd (BAP) (+44.3% shares), compared with its Q1 2026 filing.
What did Fundamenta Capital S.A. sell last quarter?
In Q2 2026, Fundamenta Capital S.A. sold all of Loma Negra C I A S A Mtn 14 (LOMA), sold all of Compania de Minas Buenaventura (BVN), Arcos Dorados Hldgs Inc (ARCO) (-18.0% shares) and Pampa Energia SA (PAM) (-16.4% shares), compared with its Q1 2026 filing.
When is Fundamenta Capital S.A.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. Fundamenta Capital S.A.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.