Fundamenta Capital S.A. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Fundamenta Capital S.A. disclosed 5 US equity positions worth $87.3m in its Q4 2025 13F filing. The largest position was PAM at 26.9% of the reported book, followed by TGS and BMA.
What did Fundamenta Capital S.A. own in Q4 2025? Top 5 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs prior |
|---|---|---|---|---|---|---|---|
| 1 | PAM PAMPA ENERGIA S A | Industrials | 26.9% | $23.5m | 265,464 | – | |
| 2 | TGS TRANSPORTADORA DE GAS SUR | Energy | 21.3% | $18.6m | 597,147 | – | |
| 3 | BMA BANCO MACRO SA | Financial Services | 19.6% | $17.1m | 190,000 | – | |
| 4 | LTM LATAM AIRLINES GROUP SA | Industrials | 17.2% | $15.0m | 277,491 | – | |
| 5 | LOMA LOMA NEGRA C I A S A MTN | 15.0% | $13.1m | 1,010,586 | – |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.