Seafarer Capital Partners, LLC
Seafarer Capital Partners, LLC reported 9 US-listed holdings worth $368.7 million in its 13F for the quarter ended 30 September 2026, filed 5 November 2026. Its largest: Itaú Unibanco Holding S.A. (25.2%), XP Inc. (22.3%) and Credicorp Ltd (21.5%). Against the quarter before, it opened 0 positions, added to 0, trimmed 1 and sold out of 0.
The 9 largest of its 9 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 +30.8% over the 8 quarters to 30 September 2026, against +32.9% for the 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
Its positions against its 13F for the quarter to 30 June 2026; a change under 0.1% of a position counts as held
Trimmed 1
- Ambev S.A. ABEV-23.0 million shares · -96%
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Itaú Unibanco Holding S.A. ITUB | 10.9M | $93.1 million | 25.24% | no change |
| XP Inc. XP | 3.9M | $82.1 million | 22.27% | no change |
| Credicorp Ltd BAP | 208.9K | $79.4 million | 21.52% | no change |
| Anheuser-Busch InBev SA/NV BUD | 1.0M | $76.0 million | 20.61% | no change |
| HDFC Bank Limited HDB | 1.1M | $25.6 million | 6.96% | no change |
| Suzano S.a. SUZ | 400.0K | $3.4 million | 0.93% | no change |
| Coca-Cola Femsa Sab De CV KOF | 29.0K | $3.1 million | 0.85% | no change |
| Ambev S.A. ABEV | 1.1M | $3.1 million | 0.85% | -23.0M |
| Arcos Dorados Holdings Inc. ARCO | 400.0K | $2.9 million | 0.78% | no change |