Q2 2026 13F · SEC CIK 1768237
Cape Ann Asset Management Ltd
Hedge fundFiled 2026-08-11 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $434.4M
- Reported positions
- 12
- Top holdings a year, 3 yrs
- +37.1%
- Assets under management
- $3.8B
Cape Ann Asset Management Ltd is a hedge fund that reported 12 positions worth $434.4M in its Q2 2026 13F, filed 2026-08-11. Its largest holdings were Kinross Gold Corp (KGC, 19.1%), Vista Energy S.a.b. de C.v. (VIST, 14.4%), Ero Copper Corp (ERO, 12.6%). A portfolio copying its top holdings returned 37.1% a year over the last 3 years, against 20.4% for the S&P 500.
Cape Ann Asset Management Ltd holdings all 12 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| KGCKinross Gold Corp | 19.1% | -6.9% | $82.9M |
| VISTVista Energy S.a.b. de C.v. | 14.4% | +5.1% | $62.5M |
| EROEro Copper Corp | 12.6% | +5.4% | $54.9M |
| TXTernium SA | 9.8% | -6.7% | $42.5M |
| BMABanco Macro S A | 9.4% | -6.6% | $40.7M |
| BAPCredicorp Ltd | 9.2% | -6.6% | $40.2M |
| TMETencent Music Entmt Group | 8.5% | — | $37.0M |
| EGOEldorado Gold Corp | 6.7% | +23.0% | $29.0M |
| CPACopa Holdings SA | 5.1% | -6.5% | $22.3M |
| KSPIKaspi Kz Jsc | 3.3% | -6.6% | $14.2M |
| PBR-APetroleo Brasileiro S A | 1.8% | -9.1% | $7.9M |
| LAURLaureate Ed Inc | 0.1% | -98.8% | $241K |
What Cape Ann Asset Management Ltd bought and sold in Q2 2026, against Q1 2026.
New positions
- TME Tencent Music Entmt Group8.5% of 13F
Added to
- EGO Eldorado Gold Corp+23.0% shares
- ERO Ero Copper Corp+5.4% shares
- VIST Vista Energy S.a.b. de C.v.+5.1% shares
Reduced
- LAUR Laureate Ed Inc-98.8% shares
- PBR-A Petroleo Brasileiro S A-9.1% shares
- KGC Kinross Gold Corp-6.9% shares
- TX Ternium SA-6.7% shares
- KSPI Kaspi Kz Jsc-6.6% shares
- BMA Banco Macro S A-6.6% shares
- BAP Credicorp Ltd-6.6% shares
- CPA Copa Holdings SA-6.5% shares
Sold out
Nothing sold out.
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +51.1% /yr
- S&P 500 +20.1%
- 3 years
- +37.1% /yr
- S&P 500 +20.4%
- 5 years
- +16.1% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $434.4M | 12 |
| Q1 2026 | $440.3M | 11 |
| Q4 2025 | $367.6M | 10 |
| Q3 2025 | $296.8M | 11 |
| Q2 2025 | $233.5M | 9 |
| Q1 2025 | $162.8M | 7 |
| Q4 2024 | $158.7M | 8 |
| Q3 2024 | $146.1M | 6 |
| Q2 2024 | $116.5M | 6 |
| Q1 2024 | $112.3M | 5 |
| Q4 2023 | $111.0M | 6 |
| Q3 2023 | $104.9M | 6 |
Questions about Cape Ann Asset Management Ltd's portfolio
What stocks does Cape Ann Asset Management Ltd own?
Cape Ann Asset Management Ltd's latest 13F, for Q2 2026 and filed Aug 11, 2026, lists 12 positions worth $434.4M. The largest are Kinross Gold Corp (KGC) at 19.1%, Vista Energy S.a.b. de C.v. (VIST) at 14.4%, Ero Copper Corp (ERO) at 12.6%, Ternium SA (TX) at 9.8% and Banco Macro S A (BMA) at 9.4%.
What did Cape Ann Asset Management Ltd buy last quarter?
In Q2 2026, Cape Ann Asset Management Ltd added a new position in Tencent Music Entmt Group (TME), Eldorado Gold Corp (EGO) (+23.0% shares), Ero Copper Corp (ERO) (+5.4% shares) and Vista Energy S.a.b. de C.v. (VIST) (+5.1% shares), compared with its Q1 2026 filing.
What did Cape Ann Asset Management Ltd sell last quarter?
In Q2 2026, Cape Ann Asset Management Ltd Laureate Ed Inc (LAUR) (-98.8% shares), Petroleo Brasileiro S A (PBR-A) (-9.1% shares) and Kinross Gold Corp (KGC) (-6.9% shares), compared with its Q1 2026 filing.
How has Cape Ann Asset Management Ltd's portfolio performed?
A portfolio copying Cape Ann Asset Management Ltd's 20 largest 13F holdings each quarter, from the day each filing was public, returned +37.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +51.1% against +20.1%. Over 5 years: +16.1% a year against +11.6%.
When is Cape Ann Asset Management Ltd's next 13F filing due?
13F filings are due 45 days after each quarter ends. Cape Ann Asset Management Ltd's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Cape Ann Asset Management Ltd manage?
Cape Ann Asset Management Ltd reported $3.8B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $434.4M.