Sagil Capital LL.P. 13F annual report

Sagil Capital LL.P. is an investment fund managing more than $114 billion ran by Mark Hendricks. There are currently 14 companies in Mr. Hendricks’s portfolio. The largest investments include Vale S.A and Banco Bradesco S.A, together worth $46.7 billion.

$114 billion Assets Under Management (AUM)

As of 5th August 2024, Sagil Capital LL.P.’s top holding is 2,400,000 shares of Vale S.A currently worth over $26.8 billion and making up 23.5% of the portfolio value. Relative to the number of outstanding shares of Vale S.A, Sagil Capital LL.P. owns more than approximately 0.1% of the company. In addition, the fund holds 8,860,397 shares of Banco Bradesco S.A worth $19.8 billion, whose value fell 9.7% in the past six months. The third-largest holding is Msci Mexico Etf worth $14.4 billion and the next is Geopark Ltd worth $9.26 billion, with 845,987 shares owned.

Currently, Sagil Capital LL.P.'s portfolio is worth at least $114 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 Sagil Capital LL.P.

The Sagil Capital LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Mark Hendricks serves as the Authorised signatory at Sagil Capital LL.P..

Recent trades

In the most recent 13F filing, Sagil Capital LL.P. revealed that it had opened a new position in Msci Mexico Etf and bought 255,000 shares worth $14.4 billion.

The investment fund also strengthened its position in Vale S.A by buying 1,120,000 additional shares. This makes their stake in Vale S.A total 2,400,000 shares worth $26.8 billion. Vale S.A dropped approximately 0.1% in the past year.

On the other hand, there are companies that Sagil Capital LL.P. is getting rid of from its portfolio. Sagil Capital LL.P. closed its position in Ishares Silver Tr on 12th August 2024. It sold the previously owned 800,000 shares for $18.2 billion. Mark Hendricks also disclosed a decreased stake in Geopark Ltd by 0.5%. This leaves the value of the investment at $9.26 billion and 845,987 shares.

One of the smallest hedge funds

The two most similar investment funds to Sagil Capital LL.P. are Copperleaf Capital and Oppenheimer & Close. They manage $114 billion and $114 billion respectively.

Mark Hendricks investment strategy

Sagil Capital LL.P.’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Materials — making up 42.7% of the total portfolio value. The fund focuses on investments in the Brazil as 21.4% of the portfolio companies are based in the Brazil.

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 29% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $20.1 billion.

The complete list of Sagil Capital LL.P. trades based on 13F SEC filings

These positions were updated on August 12th 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
Vale S.A.	87.50% 2,400,000	$26,808,000,000	23.54%
Banco Bradesco S.A.	24.09% 8,860,397	$19,847,289,000	17.43%
Ishares Silver Tr	Closed 800,000	$18,200,000,000
Msci Mexico Etf	Opened 255,000	$14,435,550,000	12.68%
Geopark Ltd	52.11% 845,987	$9,263,558,000	8.14%
Ambev Sa	Opened 4,274,170	$8,762,049,000	7.70%
Sandstorm Gold Ltd	Opened 1,478,038	$8,040,527,000	7.06%
Suzano S.A.	Opened 615,739	$6,323,640,000	5.55%
Newmont Corp	Opened 150,000	$6,280,500,000	5.52%
Banco Latinoamericano De Comer	72.84% 189,118	$5,611,131,000	4.93%
Embraer S.A.	Closed 178,303	$4,749,992,000
Scorpio Tankers Inc	59.33% 40,965	$3,330,045,000	2.92%
Cit Inc	Closed 581,935	$2,403,392,000
Sociedad Quimica Y Minera De	Closed 45,000	$2,212,200,000
Loma Negra C I A S A Mtn 14	Closed 318,288	$2,126,164,000
Ypf Sociedad Anonima	233.33% 100,000	$2,012,000,000	1.77%
Banco Macro Sa	Closed 38,748	$1,866,879,000
Vinci Partners Invts Ltd	Closed 150,012	$1,695,136,000
Banco Bbva Argentina S A	Closed 187,065	$1,586,311,000
Pricesmart Inc.	72.92% 16,855	$1,368,626,000	1.20%
Cementos Pacasmayo S.A.A.	No change 209,734	$1,199,678,000	1.05%
Vitru Ltd	Closed 51,219	$770,846,000
Betterware De Mexc S A P I D	46.06% 39,661	$579,447,000	0.51%
No transactions found
Showing first 500 out of 23 holdings