Northcape Capital Pty
SYDNEY, C3files as Northcape Capital Pty Ltd
$742m in 8 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 5.8% of the portfolio this quarter.
Value
$742m
Stocks
8
Top 10 share
100.0%
Turnover
5.8%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
- HDFC BankHDB17.3% of the fund+6%
- Perusahaan Perseroan Persero PT Telekomunikasi Indonesia TBKTLK2.0% of the fund+5%
Cut
Sold some of their stake.
- America Movil SAB de CV33.7% of the fund-19%
- MercadoLibreMELI23.2% of the fund-17%
- Itau Unibanco Hldg S AITUB9.8% of the fund-31%
- Mexican Economic DevelopmentFMX7.7% of the fund-9%
- Pacific Airport GroupPAC5.9% of the fund-9%
- S&P GlobalSPGI0.3% of the fund-23%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- America Movil SAB de CV
- Share
- 33.7%
- Value
- $250m
- Shares
- 9,631,955
-19%
- Itau Unibanco Hldg S AITUB
- Share
- 9.8%
- Value
- $73m
- Shares
- 8,878,020
-31%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| America Movil SAB de CV | 33.7% | $250m | 9,631,955 | -19% |
| MercadoLibreMELI | 23.2% | $172m | 101,246 | -17% |
| HDFC BankHDB | 17.3% | $129m | 4,978,603 | +6% |
| Itau Unibanco Hldg S AITUB | 9.8% | $73m | 8,878,020 | -31% |
| Mexican Economic DevelopmentFMX | 7.7% | $57m | 448,912 | -9% |
| Pacific Airport GroupPAC | 5.9% | $44m | 173,611 | -9% |
| Perusahaan Perseroan Persero PT Telekomunikasi Indonesia TBKTLK | 2.0% | $15m | 1,125,872 | +5% |
| S&P GlobalSPGI | 0.3% | $2m | 4,829 | -23% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 5.6% since 30 June 2025.
Where the money is
Technology23.2%
Financial services17.6%
Everyday goods7.7%
Industrials5.9%
Media & telecom2.0%
Other43.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.