13F HOLDINGS REPORT
Cape Ann Asset Management Ltd
Quarter ended Q3 2025 · Filed November 10, 2025 · Accession 0000929638-25-004194
Total Value
$296.8M
Positions
11
Other Managers
0
Confidential Omitted
No
Holdings (11)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | KINROSS GOLD CORP | KGCRF | 3,507,938 | $87.2M | 29.37% |
| 2 | TERNIUM SA | TX | 886,649 | $30.8M | 10.37% |
| 3 | CREDICORP LTD | BAP | 109,497 | $29.2M | 9.82% |
| 4 | LAUREATE EDUCATION INC | LAUR | 919,500 | $29.0M | 9.77% |
| 5 | COPA HOLDINGS SA | CPA | 218,000 | $25.9M | 8.73% |
| 6 | ERO COPPER CORP | ERO | 1,035,143 | $20.9M | 7.06% |
| 7 | VISTA ENERGY S.A.B. DE C.V. | VSOGF | 583,600 | $20.1M | 6.76% |
| 8 | BANCO MACRO SA | 05961W105 | 461,216 | $19.5M | 6.57% |
| 9 | QFIN HOLDINGS INC | QFNHF | 510,700 | $14.7M | 4.95% |
| 10 | KASPI KZ JSC | 48581R205 | 173,700 | $14.2M | 4.78% |
| 11 | PETROLEO BRASILEIRO SA PETRO | 71654V101 | 454,611 | $5.4M | 1.81% |