Gemsstock Ltd.

CIK 1724140 · View on SEC EDGAR ↗

Portfolio value QoQ: -67.6% 13F does not disclose cash

Top 10 holdings weight89.14%

Top 25 holdings weight100.00%

Positions above 1%13

Effective number of positions9.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 17.25% Est. buys $108,377,091 · sells $681,248,787

Median holding: 2.0 quarters Tracked Q1 2025–Q2 2026 · 29.5% still held

New positions4

Increased4

Decreased4

Closed19

Portfolio value $307.5M #5,180 of 9,337 by 13F value · top 55.5%

Positions 13

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Energy 32.1%

Financials 30.9%

Retail 6.0%

Materials 3.6%

Industrials 2.5%

Other/Unmapped 24.8%

Full portfolio 13 positions

					Streak
GDX VanEck Gold Miners ETF	$57,877,695	18.83%	767,100	$39,147,438	Up ×1
VIST Vista Energy S.A.B. de C.V. American Depositary Shares, each representing one series A share, with no par value	$45,489,655	14.80%	713,004	$-5,096,000	Up ×4
KSPI Joint Stock Company Kaspi.kz - American Depository Shares	$34,178,700	11.12%	394,491	$-3,533,818	Down ×1
GPOR Gulfport Energy Corporation Common Shares	$23,740,861	7.72%	139,899	$-83,782,610	Down ×1
BMA Banco Macro S.A. ADR (representing Ten Class B Common Shares)	$22,033,549	7.17%	237,969
NU Nu Holdings Ltd. Class A Ordinary Shares	$19,795,471	6.44%	1,481,697	$1,062,437	Up ×1
ITUB Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares)	$18,925,911	6.16%	2,316,513	$-1,254,076	Down ×1
EQX CUSIP: 29446Y502	$18,468,001	6.01%	1,900,000	$-101,291,237	Down ×1
MELI MercadoLibre, Inc. - Common Stock	$18,382,734	5.98%	10,830	$-342,553
PBR Petroleo Brasileiro S.A. Petrobras ADS	$15,154,847	4.93%	937,800		Up ×1
YPF YPF Sociedad Anonima Common Stock	$14,445,774	4.70%	317,699		Up ×1
EGO Eldorado Gold Corporation Ordinary Shares	$11,192,400	3.64%	360,000	$373,712	Up ×1
CAAP Corporacion America Airports SA Common Shares	$7,764,606	2.53%	308,364		Up ×1
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
VIST	$45,489,655	14.80%	up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
BMA	$22,033,549	237,969	7.17%
PBR	$15,154,847	937,800	4.93%
YPF	$14,445,774	317,699	4.70%
CAAP	$7,764,606	308,364	2.53%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
GPOR	Trimmed	-368K	-$83.8M
GDX	Bought more	+563K	+$39.1M
VIST	Bought more	+43K	-$5.1M
KSPI	Trimmed	-115K	-$3.5M
ITUB	Trimmed	-92K	-$1.3M
NU	Bought more	+178K	+$1.1M
EGO	Bought more	+45K	+$374K
MELI	Price move only	+0	-$343K

1 position hidden — reported move looks larger than the position itself (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
EWZ	Sept. 30, 2025	3,377,800	$97,449,530
AMZN	June 30, 2026	289,300	$60,252,511	5.5%
B	June 30, 2026	1,363,284	$55,608,355	8.9%
SOXX	March 31, 2026	10,634	$54,151,991	79.4%
QQQ	March 31, 2026	8,772	$52,465,819	29.0%
EWY	March 31, 2026	494,500	$48,075,290
EXE	June 30, 2026	437,900	$48,072,662	-5.2%
EQT	June 30, 2026	735,967	$46,836,940	-3.9%
AR	June 30, 2026	992,354	$42,115,504	-1.3%
NEM	June 30, 2026	373,315	$40,411,350	24.0%
EEM	March 31, 2026	678,757	$38,649,965
GOOG	June 30, 2026	131,020	$37,584,397	-2.7%
SMH	March 31, 2026	99,800	$35,940,974	65.3%
MSFT	March 31, 2026	66,945	$32,375,941	41.9%
UBS	June 30, 2026	630,741	$24,240,459	-2.8%
GGAL	June 30, 2026	473,448	$22,114,756	-23.5%
TECK	June 30, 2026	416,670	$21,562,672	14.1%
DB	June 30, 2026	711,800	$20,662,965	3.6%
VALE	June 30, 2026	1,273,217	$20,256,882	-5.9%
NVDA	June 30, 2026	110,000	$19,184,000	19.4%
CRM	June 30, 2026	100,500	$18,760,335	46.7%
JPM	June 30, 2026	63,400	$18,649,744	1.5%
COPX	June 30, 2026	241,200	$18,415,619
DB	Dec. 31, 2025	490,166	$17,235,608	-9.3%
CRK	June 30, 2026	813,937	$17,157,793	-12.5%
GGAL	Sept. 30, 2025	337,302	$16,996,648	38.8%
NU	Sept. 30, 2025	1,130,469	$15,510,035	-5.2%
GOLD	June 30, 2025	785,100	$15,262,344	87.7%
GDXJ	March 31, 2026	133,558	$15,196,229	-6.0%
MOS	June 30, 2025	518,600	$14,007,386	-41.6%
AMZN	June 30, 2025	73,365	$13,958,425	14.6%
BMA	Sept. 30, 2025	196,725	$13,812,062	62.6%
SLV	June 30, 2026	200,000	$13,628,000	3.1%
GOOG	June 30, 2025	86,200	$13,467,026	93.8%
CF	June 30, 2025	150,000	$11,722,500	26.1%
BBAR	Sept. 30, 2025	231,274	$3,806,770	59.5%
TUR	June 30, 2026	13,300	$514,045