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Aquamarine Financial (Cayman) LTD: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 2104187) · Explore on the interactive board

Aquamarine Financial (Cayman) LTD disclosed 17 US equity positions worth $1.8bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 12, 2026). Its largest position is BBD at 35.8% of the reported book, followed by YPF, GGAL. The top ten holdings are 98.7% of the book, and the portfolio behaves like about 4 equal-weight positions. Versus the prior filing it opened 1 new position, added to 9, reduced 0 and exited 1. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$1.8bnreported US equity book
17positions
35.8%largest position
98.7%top 10 weight
4.09effective positions (1/HHI)
2quarters on file since Q1 2026

What does Aquamarine Financial (Cayman) LTD own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 1 new, 9 added, 0 reduced, 1 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 BBD BANCO BRADESCO S A Financial Services 35.8%$649.0m186,948,134 19% added
2 YPF YPF SOCIEDAD ANONIMA Energy 31.2%$565.9m12,444,948 38% added
3 GGAL GRUPO FINANCIERO GALICIA S.A Financial Services 9.7%$175.9m3,515,564 49% added
4 NU NU HLDGS LTD Financial Services 6.6%$119.9m8,977,636 798% added
5 BMA BANCO MACRO S A Financial Services 4.3%$78.0m842,490 58% added
6 GGB GERDAU SA Basic Materials 3.7%$67.6m16,726,171 0% held
7 BSBR BANCO SANTANDER BRASIL S A Financial Services 3.0%$54.6m10,394,184 6% added
8 BBAR BANCO BBVA ARGENTINA S A 1.8%$33.4m1,701,078 38% added
9 PAGAYA TECHNOLOGIES LTD 1.8%$32.3m1,771,209 new
10 ORMP ORAMED PHARMACEUTICALS INC 0.7%$12.1m2,512,175 19% added
11 ALPHA TAU MEDICAL LTD 0.5%$9.1m721,501 0% held
12 CSAN COSAN S A Energy 0.3%$6.0m2,096,904 0% held
13 INVZ INNOVIZ TECHNOLOGIES LTD 0.2%$4.4m5,828,949 13% added
14 PULSENMORE LTD 0.1%$2.0m338,541 0% held
15 TGS TRANSPORTADORA DE GAS DEL SU Energy 0.0%$882.9k29,696 0% held
16 CEPU CENTRAL PUERTO S A 0.0%$287.0k19,314 0% held
17 VALENS SEMICONDUCTOR LTD 0.0%$15.7k559,653 0% held

What did Aquamarine Financial (Cayman) LTD sell? Positions exited since the previous filing

StockPrior weightPrior value
PROSHARES TR II100.0%$28.3m

Sector mix

SectorWeight
Financial Services59.5%
Energy31.6%
Basic Materials3.7%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202617$1.8bn
Q1 202617$1.4bn

How concentrated is Aquamarine Financial (Cayman) LTD's portfolio?

Across every quarter Aquamarine Financial (Cayman) LTD has filed, its median largest position is 39.5% of the book and its median top-ten weight is 98.7%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 1.0 completed holding spells, the median lasted 1.0 quarters; 17.0 positions are still open and their final length is unknown.