Ativo Capital Management LLC
Ativo Capital Management LLC reported 55 US-listed holdings worth $129.4 million in its 13F for the quarter ended 30 September 2026, filed 27 October 2026. Its largest: Taiwan Semiconductor Manufacturing Company Limited (8.9%), AerCap Holdings N.V. (6.9%) and Credicorp Ltd (5.4%). Against the quarter before, it opened 5 positions, added to 7, trimmed 13 and sold out of 6.
Reported holdings$129.4M-0.9% on Q2 2026
Positions55-1 on Q2 2026
The largest ten42.9%of its reported holdings
Latest 13FQ3 2026filed 27 October 2026
Added toHeldTrimmed
The 14 largest of its 55 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q2 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +22.8% over the 8 quarters to 30 September 2026, against +32.9% for the S&P 500.
Its reported holdingsThe S&P 500
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Opened 5Added 7Held 30Trimmed 13Sold out 6
Its positions against its 13F for the quarter to 30 June 2026; a change under 0.1% of a position counts as held
Opened 5
- SK Hynix Inc. Fsponsored ADR 1 ADR Reps 0.1 Ord SHS SKHY$2.2 million
- Veolia Environnement-Adr (fra) VEOEY$1.7 million
- GSK plc GSK$1.5 million
- Gold Fields Ltd GFI$1.5 million
- Anglogold Ashanti PLC AU$1.0 million
Added to 7
- Centrica Spon ADR CPYYY+76,264 shares · +84%
- ASML Holding N.V. ASML+161 shares · +9%
- Advantest Corp. ADR ATEYY+1,074 shares · +8%
- WH Group Ltd Spon ADR WHGLY+5,770 shares · +6%
- Tesco PLC Sponsored ADR TSCDY+220 shares · +0%
- Prosus NV PROSY+290 shares · +0%
- Inditex (ind.de Diseno Textil IDEXY+142 shares · +0%
Trimmed 13
- Taiwan Semiconductor Manufacturing Company Limited TSM-1,198 shares · -5%
- Cia Energetica De Minas Gera CIG-214,561 shares · -27%
- DNB Bank ASA Sponsored DNBBY-10,175 shares · -20%
- ORIX Corporation IX-7,964 shares · -16%
- Standard Bank Group Ltd ADR SGBLY-11,851 shares · -32%
- DBS Group Holdings Ltd DBSDY-602 shares · -6%
- Credicorp Ltd BAP-263 shares · -1%
- H World Group Ltd HTHT-1,930 shares · -1%
and 5 more in the table below
Sold out of 6
- Engie SA Spons ADR ENGIY$1.8 million last quarter
- Gildan Activewear Inc. GIL$1.5 million last quarter
- Grupo Aeroportuario del Surest ASR$1.4 million last quarter
- Volvo AB B SHS Unspon ADR VLVLY$1.4 million last quarter
- Harmony Gold Mining Co. Ltd HMY$1.3 million last quarter
- Eni S.p.A. E$572,254 last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited TSM | 25.3K | $11.5 million | 8.91% | -1.2K |
| AerCap Holdings N.V. AER | 62.5K | $9.0 million | 6.94% | +5 |
| Credicorp Ltd BAP | 18.4K | $7.0 million | 5.42% | -263 |
| H World Group Ltd HTHT | 134.0K | $5.7 million | 4.43% | -1.9K |
| NetEase, Inc. NTES | 36.3K | $4.4 million | 3.40% | -489 |
| Franklin Templeton ETF Trust FLIN | 130.1K | $4.4 million | 3.37% | no change |
| Yum China Holdings, Inc. YUMC | 99.6K | $4.1 million | 3.16% | -1.4K |
| ASML Holding N.V. ASML | 1.9K | $3.4 million | 2.60% | +161 |
| Advantest Corp. ADR ATEYY | 14.7K | $3.2 million | 2.51% | +1.1K |
| Banco Bilbao Vizcaya Argentaria, S.A. BBVA | 101.8K | $2.8 million | 2.19% | -43 |
| Barrick Mining Corp B | 68.2K | $2.8 million | 2.14% | +1 |
| Royal Bank of Canada RY | 13.0K | $2.6 million | 1.98% | -1 |
| DBS Group Holdings Ltd DBSDY | 9.8K | $2.4 million | 1.84% | -602 |
| Agnico Eagle Mines Ltd AEM | 12.6K | $2.3 million | 1.78% | no change |
| Sompo Hldgs Inc. ADR SMPNY | 109.2K | $2.3 million | 1.77% | -31 |
| Toronto-Dominion Bank TD | 19.3K | $2.3 million | 1.75% | +3 |
| Novartis AG NVS | 15.6K | $2.2 million | 1.72% | +9 |
| SK Hynix Inc. Fsponsored ADR 1 ADR Reps 0.1 Ord SHS SKHY | 11.8K | $2.2 million | 1.69% | new |
| Unicredit Spa ADR UNCRY | 42.4K | $2.0 million | 1.53% | -4 |
| Allianz SE Unsponsrd ADS ALIZY | 41.2K | $1.9 million | 1.50% | -2 |
| Ageas Spon ADR AGESY | 23.0K | $1.9 million | 1.49% | +1 |
| Abb Ltd Sponsored ADR ABBNY | 18.8K | $1.8 million | 1.38% | +3 |
| Nordea Bank AB F Unsponsored A NRDBY | 89.6K | $1.8 million | 1.37% | no change |
| British American Tobacco p.l.c. BTI | 32.3K | $1.8 million | 1.36% | +17 |
| Companhia De Saneamento Basico Do Estado De Sao Paulo - Sabesp SBS | 327.7K | $1.7 million | 1.34% | +233 |
| Komatsu Ltd KMTUY | 35.1K | $1.7 million | 1.30% | +17 |
| WH Group Ltd Spon ADR WHGLY | 98.4K | $1.7 million | 1.29% | +5.8K |
| Veolia Environnement-Adr (fra) VEOEY | 95.8K | $1.7 million | 1.28% | new |
| Tesco PLC Sponsored ADR TSCDY | 88.8K | $1.7 million | 1.28% | +220 |
| Lundin Gold Inc. LUGDF | 26.7K | $1.6 million | 1.26% | -9 |
| ORIX Corporation IX | 43.2K | $1.6 million | 1.26% | -8.0K |
| Inditex (ind.de Diseno Textil IDEXY | 107.2K | $1.6 million | 1.26% | +142 |
| MS and Ad Insurance Group Hldngs ADR MSADY | 52.1K | $1.6 million | 1.25% | -10 |
| Ipsen SA Spons ADR IPSEY | 38.7K | $1.6 million | 1.25% | -53 |
| Axa - SP ADR AXAHY | 32.1K | $1.5 million | 1.19% | -1 |
| Credit Agricole SA ADR CRARY | 154.5K | $1.5 million | 1.18% | +13 |
| GSK plc GSK | 31.6K | $1.5 million | 1.18% | new |
| Makita Corporation ADR MKTAY | 45.0K | $1.5 million | 1.17% | +10 |
| Qbe Insurance Group SPN ADR QBIEY | 91.5K | $1.5 million | 1.15% | +13 |
| ING Groep N.V. ING | 41.8K | $1.5 million | 1.15% | -23 |
| Gold Fields Ltd GFI | 40.8K | $1.5 million | 1.14% | new |
| Fujitsu Limited F FJTSY | 58.0K | $1.5 million | 1.13% | -12 |
| Compania De Minas Buenaventu BVN | 46.1K | $1.5 million | 1.13% | +36 |
| Prosus NV PROSY | 176.6K | $1.4 million | 1.10% | +290 |
| Assicurazioni Generali S.p.a. ARZGY | 58.7K | $1.4 million | 1.09% | +4 |
| Kinross Gold Corp. KGC | 58.3K | $1.4 million | 1.09% | +2 |
| DNB Bank ASA Sponsored DNBBY | 41.2K | $1.4 million | 1.04% | -10.2K |
| Centrica Spon ADR CPYYY | 166.6K | $1.3 million | 1.02% | +76.3K |
| Unilever plc UL | 21.2K | $1.3 million | 1.00% | -1 |
| Cia Energetica De Minas Gera CIG | 593.4K | $1.2 million | 0.96% | -214.6K |
| Raiffeisen Bank Intl Ag Adr RAIFY | 65.0K | $1.2 million | 0.90% | -99 |
| Oversea Chinese Bank Uns ADR OVCHY | 22.3K | $1.1 million | 0.86% | -13 |
| Anglogold Ashanti PLC AU | 11.0K | $1.0 million | 0.80% | new |
| Greek Org Of Football Prognost GOFPY | 72.0K | $467,280 | 0.36% | -380 |
| Standard Bank Group Ltd ADR SGBLY | 25.7K | $463,510 | 0.36% | -11.9K |
Every US-listed position in the fund's 13F for the quarter ended 30 September 2026, by the value it reported.