Sagil Capital LLP
CIK 1747744 · View on SEC EDGAR ↗
- Portfolio value
- $280.0M
- Positions
- 25
- As of
- June 30, 2026
#5,382 of 9,443 by 13F value · top 57.0%
Portfolio value QoQ: +17.9% 13F does not disclose cash
- Top 10 holdings weight
- 75.19%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 20
- Effective number of positions
- 13.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 20.26% Est. buys $178,081,449 · sells $52,434,098
Median holding: 1.0 quarters Tracked Q4 2024–Q2 2026 · 36.2% still held
- New positions
- 14
- Increased
- 5
- Decreased
- 3
- Closed
- 5
Put-notional exposure: 24.9% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Energy
22.2%
Materials
16.0%
Financials
15.3%
Financial Services
6.4%
Industrials
6.1%
Technology
2.1%
Other/Unmapped
31.9%
Full portfolio 25 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VIST Vista Energy S.A.B. de C.V. American Depositary Shares, each representing one series A share, with no par value | $38,721,432 | 13.83% | 606,919 | $19,853,932 | Up ×1 | ||
| GGAL Grupo Financiero Galicia S.A. - American Depositary Shares, Class B Shares underlying | $32,951,059 | 11.77% | 658,626 | $22,116,301 | Up ×1 | ||
| EEM | $28,732,200 | 10.26% | 420,000 | Put option | |||
| USO | $21,288,000 | 7.60% | 200,000 | Put option | |||
| ZIM ZIM Integrated Shipping Services Ltd. Ordinary Shares | $17,034,446 | 6.08% | 655,171 | $9,881,080 | Up ×2 | ||
| NEXA Nexa Resources S.A. Common Shares | $16,729,069 | 5.97% | 1,366,754 | $2,561,831 | Up ×2 | ||
| XP XP Inc. - Class A Common Stock | $16,260,000 | 5.81% | 1,000,000 | Up ×1 | |||
| B Barrick Mining Corporation Common Shares | $14,692,000 | 5.25% | 400,000 | $-1,624,000 | |||
| PICS PicS N.V. - Class A Common Shares | $13,819,000 | 4.93% | 1,300,000 | $234,000 | |||
| EWZ | $10,350,000 | 3.70% | 300,000 | Put option | |||
| BBAR Banco BBVA Argentina S.A. ADS | $9,824,316 | 3.51% | 500,985 | $188,316 | Down ×1 | ||
| TX Ternium S.A. Ternium S.A. American Depositary Shares (each representing ten shares, USD1.00 par value) | $8,743,081 | 3.12% | 204,756 | Up ×1 | |||
| Unknown issuer (CUSIP: 05501U601) | $7,583,011 | 2.71% | 843,494 | Up ×1 | |||
| DHT DHT Holdings, Inc. | $7,502,769 | 2.68% | 453,888 | Up ×1 | |||
| PBR Petroleo Brasileiro S.A. Petrobras ADS | $6,464,000 | 2.31% | 400,000 | Put option | |||
| GLOB Globant S.A. Common Shares | $5,952,958 | 2.13% | 205,700 | $2,494,708 | Up ×1 | ||
| PBR Petroleo Brasileiro S.A. Petrobras ADS | $5,656,000 | 2.02% | 350,000 | Call option | Up ×1 | ||
| ARIS Aris Mining Corporation Common Shares | $4,636,879 | 1.66% | 311,800 | $-3,728,360 | Down ×1 | ||
| LQD | $3,948,334 | 1.41% | 36,200 | $2,896 | |||
| EC Ecopetrol S.A. American Depositary Shares | $2,848,000 | 1.02% | 200,000 | Put option | Up ×1 | ||
| CPAC Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five Common Shares) | $1,884,071 | 0.67% | 157,531 | $-797,899 | Down ×1 | ||
| DLO DLocal Limited - Class A Common Shares | $1,548,575 | 0.55% | 119,167 | Up ×1 | |||
| Unknown issuer (CUSIP: 53680QAA6) | $1,247,373 | 0.45% | 1,274,000 | Up ×1 | |||
| EC Ecopetrol S.A. American Depositary Shares | $1,066,419 | 0.38% | 74,889 | Up ×1 | |||
| USAS | $561,364 | 0.20% | 118,933 | Up ×1 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| EEM | $28,732,200 | 420,000 | 10.26% |
| USO | $21,288,000 | 200,000 | 7.60% |
| XP | $16,260,000 | 1,000,000 | 5.81% |
| EWZ | $10,350,000 | 300,000 | 3.70% |
| TX | $8,743,081 | 204,756 | 3.12% |
| Unknown issuer (CUSIP: 05501U601) | $7,583,011 | 843,494 | 2.71% |
| DHT | $7,502,769 | 453,888 | 2.68% |
| PBR | $6,464,000 | 400,000 | 2.31% |
| PBR | $5,656,000 | 350,000 | 2.02% |
| EC | $2,848,000 | 200,000 | 1.02% |
| DLO | $1,548,575 | 119,167 | 0.55% |
| Unknown issuer (CUSIP: 53680QAA6) | $1,247,373 | 1,274,000 | 0.45% |
| EC | $1,066,419 | 74,889 | 0.38% |
| USAS | $561,364 | 118,933 | 0.20% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| GGAL | Bought more | +427K | +$22.1M |
| VIST | Bought more | +357K | +$19.9M |
| ZIM | Bought more | +384K | +$9.9M |
| ARIS | Trimmed | -138K | -$3.7M |
| NEXA | Bought more | +29K | +$2.6M |
| GLOB | Bought more | +131K | +$2.5M |
| B | Price move only | +0 | -$1.6M |
| CPAC | Trimmed | -111K | -$798K |
| PICS | Price move only | +0 | +$234K |
| BBAR | Trimmed | -99K | +$188K |
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 |
|---|---|---|---|---|
| GLD | March 31, 2026 | 138,000 | $54,690,780 | No longer tracked |
| EEM | June 30, 2025 | 670,000 | $29,279,000 | No longer tracked |
| USO | March 31, 2026 | 395,000 | $27,318,200 | No longer tracked |
| EWZ | March 31, 2026 | 812,300 | $25,806,771 | No longer tracked |
| BBD | Sept. 30, 2025 | 7,673,265 | $23,710,389 | -10.2% |
| PBRA | March 31, 2026 | 1,800,000 | $20,286,000 | No longer tracked |
| TNK | March 31, 2026 | 373,640 | $19,959,849 | 22.6% |
| XLE | Dec. 31, 2025 | 200,000 | $17,868,000 | No longer tracked |
| SLV | Dec. 31, 2025 | 400,000 | $16,948,000 | No longer tracked |
| AU | March 31, 2025 | 629,506 | $14,528,998 | 195.1% |
| NU | Sept. 30, 2025 | 1,029,146 | $14,119,883 | -9.3% |
| TEO | June 30, 2026 | 1,156,409 | $13,518,421 | 1.1% |
| CMBT | March 31, 2026 | 1,397,397 | $13,484,881 | 40.0% |
| MOS | Dec. 31, 2025 | 377,000 | $13,074,360 | -5.0% |
| GGB | June 30, 2025 | 3,900,000 | $11,076,000 | 49.3% |
| BVN | Dec. 31, 2025 | 447,516 | $10,888,064 | 20.6% |
| TDW | Dec. 31, 2025 | 201,763 | $10,760,021 | 89.2% |
| BMA | Sept. 30, 2025 | 143,765 | $10,093,741 | 77.1% |
| TEN | June 30, 2026 | 250,000 | $9,865,000 | 19.1% |
| GGAL | Sept. 30, 2025 | 195,000 | $9,826,050 | 52.2% |
| JBS | Sept. 30, 2025 | 652,650 | $9,535,217 | -7.0% |
| NU | June 30, 2026 | 600,000 | $8,622,000 | 8.7% |
| AUGO | March 31, 2026 | 155,992 | $7,864,337 | 2.8% |
| IFS | Sept. 30, 2025 | 199,551 | $7,608,880 | 34.0% |
| AGRO | June 30, 2026 | 503,476 | $7,562,210 | 16.9% |
| NTR | June 30, 2026 | 100,000 | $7,546,000 | 16.8% |
| BMA | March 31, 2025 | 75,830 | $7,337,311 | -0.8% |
| PBR | March 31, 2026 | 611,224 | $7,243,004 | -8.5% |
| CPA | March 31, 2026 | 53,854 | $6,495,331 | 13.0% |
| PBR | March 31, 2025 | 500,000 | $6,430,000 | 32.4% |
| GOLD | June 30, 2025 | 320,000 | $6,220,800 | 102.5% |
| GGB | March 31, 2026 | 1,567,825 | $5,785,274 | 20.8% |
| EQX | June 30, 2025 | 1,010,600 | $4,837,829 | No longer tracked |
| ERO | March 31, 2025 | 318,600 | $4,294,728 | 180.5% |
| YPF | March 31, 2025 | 100,000 | $4,251,000 | 46.9% |
| VALE | June 30, 2025 | 420,000 | $4,191,600 | 42.3% |
| SLSR | Dec. 31, 2025 | 623,100 | $3,972,380 | No longer tracked |
| BAP | June 30, 2025 | 21,256 | $3,957,017 | 68.2% |
| HAFN | June 30, 2025 | 931,100 | $3,873,376 | 59.1% |
| STNG | June 30, 2025 | 100,000 | $3,758,000 | 101.0% |
| EXK | March 31, 2026 | 390,000 | $3,666,000 | 18.6% |
| NEM | Sept. 30, 2025 | 60,000 | $3,495,600 | 50.5% |
| GGAL | March 31, 2025 | 47,860 | $2,982,635 | -23.0% |
| LOMA | Sept. 30, 2025 | 252,554 | $2,770,517 | 29.0% |
| INTR | June 30, 2025 | 350,000 | $1,918,000 | -28.5% |
| EVEX | Sept. 30, 2025 | 278,103 | $1,907,787 | -31.2% |
| GRO | Dec. 31, 2025 | 359,995 | $968,387 | No longer tracked |
| AERO | March 31, 2026 | 35,689 | $783,730 | 0.7% |