Fourth Sail Capital L.P. 13F annual report
Fourth Sail Capital L.P. is an investment fund managing more than $436 billion ran by Thiago Doria. There are currently 21 companies in Doria’s portfolio. The largest investments include Metals Acquisition Limited and Credicorp Ltd, together worth $128 billion.
$436 billion Assets Under Management (AUM)
As of 2nd August 2024, Fourth Sail Capital L.P.’s top holding is 6,107,694 shares of Metals Acquisition Limited currently worth over $83.6 billion and making up 19.2% of the portfolio value.
In addition, the fund holds 273,700 shares of Credicorp Ltd worth $44.2 billion, whose value grew 9.4% in the past six months.
The third-largest holding is Sigma Lithium Corporation worth $37.7 billion and the next is Laureate Education Inc worth $32.4 billion, with 2,170,727 shares owned.
Currently, Fourth Sail Capital L.P.'s portfolio is worth at least $436 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Fourth Sail Capital L.P.
The Fourth Sail Capital L.P. office and employees reside in Camana Bay Grand Cayman, Cayman Islands. According to the last 13-F report filed with the SEC, Thiago Doria serves as the CFO / CCO at Fourth Sail Capital L.P..
Recent trades
In the most recent 13F filing, Fourth Sail Capital L.P. revealed that it had opened a new position in
Credicorp Ltd and bought 273,700 shares worth $44.2 billion.
This means they effectively own approximately 0.1% of the company.
Credicorp Ltd makes up
71.2%
of the fund's Finance sector allocation and has grown its share price by 6.8% in the past year.
The investment fund also strengthened its position in Metals Acquisition Limited by buying
153,149 additional shares.
This makes their stake in Metals Acquisition Limited total 6,107,694 shares worth $83.6 billion.
On the other hand, there are companies that Fourth Sail Capital L.P. is getting rid of from its portfolio.
Fourth Sail Capital L.P. closed its position in Uranium Corp on 9th August 2024.
It sold the previously owned 1,880,748 shares for $12.7 billion.
Thiago Doria also disclosed a decreased stake in Endava plc by approximately 0.1%.
This leaves the value of the investment at $20 billion and 683,733 shares.
One of the average hedge funds
The two most similar investment funds to Fourth Sail Capital L.P. are Aire Advisors and Advisory Resource. They manage $436 billion and $437 billion respectively.
Thiago Doria investment strategy
Fourth Sail Capital L.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 14.6% of
the total portfolio value.
The fund focuses on investments in the United States as
23.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
5% of the total holdings value.
On the other hand, small-cap stocks make up only 4.8% of the portfolio.
The average market cap of the portfolio companies is close to $2.63 billion.
The complete list of Fourth Sail Capital L.P. trades based on 13F SEC filings
These positions were updated on August 9th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Metals Acquisition Limited |
2.57%
6,107,694
|
$83,614,332,000 | 19.17% |
| Credicorp Ltd |
Opened
273,700
|
$44,156,021,000 | 10.12% |
| Sigma Lithium Corporation |
1,572.19%
3,134,797
|
$37,711,608,000 | 8.64% |
| Laureate Education Inc |
2.29%
2,170,727
|
$32,430,661,000 | 7.43% |
| Vtex |
125.01%
3,098,762
|
$22,497,012,000 | 5.16% |
| Bioceres Crop Solutions Corp |
20.53%
1,961,825
|
$21,992,058,000 | 5.04% |
| Corporacion Amer Arpts S A |
1,779.69%
1,314,525
|
$21,873,696,000 | 5.01% |
| Banco Bbva Argentina S A |
74.62%
2,361,386
|
$21,842,821,000 | 5.01% |
| StoneCo Ltd |
Opened
1,778,400
|
$21,323,016,000 | 4.89% |
| Endava plc |
5.84%
683,733
|
$19,992,353,000 | 4.58% |
| Dlocal Ltd |
60.79%
2,397,770
|
$19,397,959,000 | 4.45% |
| Arcos Dorados Holdings Inc |
Opened
1,829,223
|
$16,463,007,000 | 3.77% |
| Ypf Sociedad Anonima |
10.95%
655,562
|
$13,189,907,000 | 3.02% |
| Uranium Energy Corp |
Closed
1,880,748
|
$12,695,049,000 | |
| Dakota Gold Corp |
0.30%
4,635,503
|
$11,542,404,000 | 2.65% |
| Brinks Co |
Closed
124,500
|
$11,501,310,000 | |
| Copa Holdings Sa |
66.62%
108,293
|
$10,307,328,000 | 2.36% |
| Popular Inc. |
35.58%
116,400
|
$10,293,252,000 | 2.36% |
| Inter Co Inc |
Closed
1,603,303
|
$9,154,860,000 | |
| Banco Macro Sa |
Closed
187,596
|
$9,038,375,000 | |
| Grid Dynamics Holdings, Inc. |
138.04%
769,924
|
$8,091,901,000 | 1.85% |
| EZCorp, Inc. |
21.47%
718,947
|
$7,527,375,000 | 1.73% |
| Encore Energy Corp |
No change
1,404,307
|
$5,532,970,000 | 1.27% |
| PROG Holdings, Inc. |
Opened
158,607
|
$5,500,491,000 | 1.26% |
| Pricesmart Inc. |
Closed
28,945
|
$2,431,380,000 | |
| Liberty Latin America Ltd |
96.21%
98,897
|
$951,390,000 | 0.22% |
| No transactions found | |||
| Showing first 500 out of 26 holdings | |||
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