13F HOLDINGS REPORT
Aquamarine Financial (Cayman) Ltd
Quarter ended Q4 2025 · Filed January 12, 2026 · Accession 0001493152-26-001866
Total Value
$974.7M
Positions
11
Other Managers
0
Confidential Omitted
No
Holdings (11)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BANCO BRADESCO S A | 059460303 | 137,533,653 | $477.1M | 48.95% |
| 2 | YPF SOCIEDAD ANONIMA | YPF | 12,973,695 | $315.1M | 32.33% |
| 3 | GERDAU SA | GGB | 17,801,228 | $55.2M | 5.66% |
| 4 | BANCO SANTANDER BRASIL S A | BSBR | 8,995,322 | $50.3M | 5.16% |
| 5 | GRUPO FINANCIERO GALICIA S.A | GGAL | 1,325,000 | $36.7M | 3.77% |
| 6 | BANCO MACRO SA | 05961W105 | 455,961 | $19.3M | 1.98% |
| 7 | COSAN S A | CSAN | 2,241,053 | $10.3M | 1.06% |
| 8 | ORAMED PHARMACEUTICALS INC | ORMP | 1,973,057 | $5.2M | 0.53% |
| 9 | BANCO BBVA ARGENTINA S A | BBAR | 560,000 | $4.7M | 0.48% |
| 10 | TRANSPORTADORA DE GAS SUR | 893870204 | 29,696 | $624,507 | 0.06% |
| 11 | CENTRAL PUERTO S A | CEPU | 19,314 | $154,705 | 0.02% |