We are live on !
Find out more
Cape Ann Asset Management Portfolio holdings
AUM
$434M
Turnover
8.33%
1-Year Est. Return
68.57%
This Fund
S&P 500
This Quarter Est. Return
-2.09%
1 Year Est. Return
+68.57%
3 Year Est. Return
+198.87%
5 Year Est. Return
+259.35%
10 Year Est. Return
–
AUM
$434M
AUM Growth
-$5.9M
(-1.3%)
Cap. Flow
+$15.5M
Cap. Flow % of AUM
Cap. Flow %
3.57%
Top 10 Holdings %
Top 10 Hldgs %
98.12%
Holding
12
New
1
Increased
3
Reduced
8
Closed
–
Avg Time Held
2.5
years
Top 10 Avg Time Held
2.3
years
Top 20 Avg Time Held
2.5
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tencent Music
TME
|
+$40.4M |
| 2 |
Eldorado Gold
EGO
|
+$5.68M |
| 3 |
Vista Energy
VIST
|
+$3.37M |
| 4 |
Ero Copper
ERO
|
+$2.96M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Laureate Education
LAUR
|
+$17.8M |
| 2 |
Kinross Gold
KGC
|
+$7.66M |
| 3 |
Ternium
TX
|
+$3.22M |
| 4 |
Banco Macro
BMA
|
+$2.54M |
| 5 |
Credicorp
BAP
|
+$2.48M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 48.2% |
| 2 | Financials | 18.62% |
| 3 | Energy | 16.21% |
| 4 | Communication Services | 8.51% |
| 5 | Industrials | 5.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Kinross Gold
KGC
$23.6B
| $82.9M | 19.09% |
3,510,314
-260,770
| -7% | -$7.66M |
2021 Q4
18 quarters
|
|
|
2
Vista Energy
VIST
$7.74B
| $62.5M | 14.39% |
979,693
+47,851
| +5% | +$3.37M |
2025 Q2
4 quarters
|
|
|
3
Ero Copper
ERO
$3.02B
| $54.9M | 12.65% |
2,053,705
+104,577
| +5% | +$2.96M |
2025 Q2
4 quarters
|
|
|
4
Ternium
TX
$10.4B
| $42.5M | 9.79% |
996,424
-71,387
| -7% | -$3.22M |
2019 Q4
26 quarters
|
|
|
5
Banco Macro
BMA
$3.83B
| $40.7M | 9.38% |
439,918
-30,990
| -7% | -$2.54M |
2024 Q4
6 quarters
|
|
|
6
Credicorp
BAP
$28.1B
| $40.2M | 9.25% |
103,105
-7,248
| -7% | -$2.48M |
2020 Q4
22 quarters
|
|
|
7
Tencent Music
TME
$13.8B
| $37M | 8.51% |
+4,426,136
| New | +$40.4M |
2026 Q2
0 quarters
|
|
|
8
Eldorado Gold
EGO
$8.13B
| $29M | 6.68% |
933,066
+174,412
| +23% | +$5.68M |
2026 Q1
1 quarter
|
|
9
Copa Holdings
CPA
$5.28B
| $22.3M | 5.13% |
143,256
-9,992
| -7% | -$1.3M |
2024 Q4
6 quarters
|
|
10
Kaspi.kz JSC
KSPI
$17.6B
| $14.2M | 3.27% |
163,880
-11,632
| -7% | -$987K |
2025 Q3
3 quarters
|
|
11
Petrobras Class A
PBR.A
$126B
| $7.92M | 1.82% |
540,913
-53,900
| -9% | -$950K |
2020 Q2
24 quarters
|
|
|
12
Laureate Education
LAUR
$4.58B
| $241K | 0.06% |
6,637
-526,385
| -99% | -$17.8M |
2024 Q3
7 quarters
|
|
Similar funds
NICM
DCM
LCM
Cape Ann Asset Management's Q2 2026 Portfolio in Review
As of Q2 2026, Cape Ann Asset Management held 12 positions worth $434M, down 1.3% from $440M the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Cape Ann Asset Management deployed $15.5M of net new capital in Q2 2026, opening 1 new position and adding to 3 existing holdings. Its largest new stake was Tencent Music: 4,426,136 shares worth $37M.
By sector, the portfolio is most concentrated in Materials at 48% of assets, down from 54% a quarter earlier, followed by Financials and Energy.
On the sell side, the largest reduction was Laureate Education, an estimated $17.8M trimmed.
- Cape Ann Asset Management's largest Q2 2026 buy was Tencent Music: 4,426,136 shares worth $37M.
- Cape Ann Asset Management added most to Eldorado Gold in Q2 2026, an estimated $5.68M increase.
- Cape Ann Asset Management's biggest Q2 2026 reduction was Laureate Education, cutting an estimated $17.8M.
- Cape Ann Asset Management's ten largest holdings make up 98% of its $434M portfolio in Q2 2026.
- Cape Ann Asset Management opened 1 new position and closed 0 in Q2 2026.
- Cape Ann Asset Management's portfolio value fell 1.3% quarter-over-quarter to $434M.
Based on Cape Ann Asset Management's 13F filing for Q2 2026, filed 11 Aug 2026.