We are live on ! Find out more
AF

Aquamarine Financial Portfolio holdings

AUM $1.37B
This Fund
S&P 500
This Quarter Est. Return
-5.03%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$975M
AUM Growth
–
Cap. Flow
+$1.02B
Cap. Flow %
104.81%
Top 10 Hldgs %
99.98%
Holding
11
New
11
Increased
–
Reduced
–
Closed
–

Top Buys

Rank Stock Value
1
BBD icon
Banco Bradesco
BBD
+$415M
2
YPF icon
YPF
YPF
+$398M
3
GGAL icon
Galicia Financial Group
GGAL
+$56.9M
4
GGB icon
Gerdau
GGB
+$53.9M
5
BSBR icon
Santander
BSBR
+$46.2M

Top Sells

No sells this quarter

Sector Composition

Rank Sector Weight
1 Financials 60.33%
2 Energy 33.45%
3 Materials 5.66%
4 Healthcare 0.53%
5 Utilities 0.02%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BBD icon
1
Banco Bradesco
BBD
$37.5B
$477M 48.95%
+137,533,653
New +$415M
YPF icon
2
YPF
YPF
$19.5B
$315M 32.33%
+12,973,695
New +$398M
GGB icon
3
Gerdau
GGB
$9.56B
$55.2M 5.66%
+17,801,228
New +$53.9M
BSBR icon
4
Santander
BSBR
$38.3B
$50.3M 5.16%
+8,995,322
New +$46.2M
GGAL icon
5
Galicia Financial Group
GGAL
$7.8B
$36.7M 3.77%
+1,325,000
New +$56.9M
BMA icon
6
Banco Macro
BMA
$5.74B
$19.3M 1.98%
+455,961
New +$27.9M
CSAN icon
7
Cosan
CSAN
$3.02B
$10.3M 1.06%
+2,241,053
New +$10.3M
ORMP icon
8
Oramed Pharmaceuticals
ORMP
$165M
$5.21M 0.53%
+1,973,057
New +$4.36M
BBAR icon
9
BBVA Argentina
BBAR
$3.85B
$4.66M 0.48%
+560,000
New +$7.56M
TGS icon
10
Transportadora de Gas del Sur
TGS
$4.45B
$625K 0.06%
+29,696
New +$768K
CEPU
11
Central Puerto
CEPU
$2.14B
$155K 0.02%
+19,314
New +$208K

Similar funds

KRS
Kentucky Retirement Systems Frankfort, Kentucky $1.37B AUM 33.36% 1-Year Est. Return
QF
QVT Financial New York $1.37B AUM 148.1% 1-Year Est. Return
PGP
Prescott General Partners Boca Raton, Florida $1.37B AUM 23.81% 1-Year Est. Return
DC
Dendur Capital New York $1.36B AUM 38.43% 1-Year Est. Return
FC
FORA Capital Miami, Florida $1.36B AUM 56.1% 1-Year Est. Return
PP
Pertento Partners London, United Kingdom $1.37B AUM 36.36% 1-Year Est. Return
SOS
Silver Oak Securities Jackson, Tennessee $1.37B AUM 20.67% 1-Year Est. Return
MFM
MHR Fund Management New York $1.37B AUM 68.35% 1-Year Est. Return

Aquamarine Financial's Q3 2025 Portfolio in Review

Q3 2025 is the first quarter with a 13F filing on record for Aquamarine Financial, which disclosed 11 positions worth $975M. Its ten largest holdings account for 100% of the portfolio.

Its largest position is Banco Bradesco: 137,533,653 shares worth $477M.

By sector, the portfolio is most concentrated in Financials at 60% of assets, followed by Energy and Materials.

  • Aquamarine Financial's largest Q3 2025 buy was Banco Bradesco: 137,533,653 shares worth $477M.
  • Aquamarine Financial's ten largest holdings make up 100% of its $975M portfolio in Q3 2025.
  • Aquamarine Financial disclosed 11 positions in Q3 2025, its first 13F filing on record.

Based on Aquamarine Financial's 13F filing for Q3 2025, filed 12 Jan 2026.