Sagil Capital LLP
LONDON, X0
$205m in 19 US stocks at the end of 30 June 2026. The top 10 are 86.2% of the money. It changed about 42.2% of the portfolio this quarter.
Value
$205m
Stocks
19
Top 10 share
86.2%
Turnover
42.2%
What changed this quarter
New
Bought for the first time this quarter.
- XPXP7.9% of the fund
- Ternium SATX4.3% of the fund
- Azul S AAZUL3.7% of the fund
- DHT HoldingsDHT3.7% of the fund
- dLocalDLO0.8% of the fund
- Lithium Argentina AG0.6% of the fund
- Ecopetrol S AEC0.5% of the fund
- Americas Gold & SilverUSAS0.3% of the fund
Added
Bought more of a stock they already held.
- Vista Energy S.A.B. de C.V.VIST18.9% of the fund+143%
- Grupo Financiero Galicia S.AGGAL16.1% of the fund+184%
- ZIM Integrated Shipping ServicesZIM8.3% of the fund+141%
- Nexa ResourcesNEXA8.2% of the fund+2%
- GlobantGLOB2.9% of the fund+174%
Cut
Sold some of their stake.
- Banco BBVA ArgentinaBBAR4.8% of the fund-17%
- Aris MiningARIS2.3% of the fund-31%
- Cementos Pacasmayo S A ACPAC0.9% of the fund-41%
Sold out
Sold their entire stake.
- Telecom Argentina SATEO-100%
- Tsakos Energy NavigationTEN-100%
- Nu HoldingsNU-100%
- AdecoagroAGRO-100%
- NutrienNTR-100%
Holdings
- Vista Energy S.A.B. de C.V.VIST
- Share
- 18.9%
- Value
- $39m
- Shares
- 606,919
+143%
- Grupo Financiero Galicia S.AGGAL
- Share
- 16.1%
- Value
- $33m
- Shares
- 658,626
+184%
- Barrick MiningB
- Share
- 7.2%
- Value
- $15m
- Shares
- 400,000
Held
- Ternium SATX
- Share
- 4.3%
- Value
- $9m
- Shares
- 204,756
New
- Azul S AAZUL
- Share
- 3.7%
- Value
- $8m
- Shares
- 843,494
New
- Aris MiningARIS
- Share
- 2.3%
- Value
- $5m
- Shares
- 311,800
-31%
- Ishares TRLQD
- Share
- 1.9%
- Value
- $4m
- Shares
- 36,200
Held
- Cementos Pacasmayo S A ACPAC
- Share
- 0.9%
- Value
- $2m
- Shares
- 157,531
-41%
- Lithium Argentina AG
- Share
- 0.6%
- Value
- $1m
- Shares
- 1,274,000
New
- Ecopetrol S AEC
- Share
- 0.5%
- Value
- $1m
- Shares
- 74,889
New
- Americas Gold & SilverUSAS
- Share
- 0.3%
- Value
- $561,364
- Shares
- 118,933
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vista Energy S.A.B. de C.V.VIST | 18.9% | $39m | 606,919 | +143% |
| Grupo Financiero Galicia S.AGGAL | 16.1% | $33m | 658,626 | +184% |
| ZIM Integrated Shipping ServicesZIM | 8.3% | $17m | 655,171 | +141% |
| Nexa ResourcesNEXA | 8.2% | $17m | 1,366,754 | +2% |
| XPXP | 7.9% | $16m | 1,000,000 | New |
| Barrick MiningB | 7.2% | $15m | 400,000 | Held |
| PicSPICS | 6.8% | $14m | 1,300,000 | Held |
| Banco BBVA ArgentinaBBAR | 4.8% | $10m | 500,985 | -17% |
| Ternium SATX | 4.3% | $9m | 204,756 | New |
| Azul S AAZUL | 3.7% | $8m | 843,494 | New |
| DHT HoldingsDHT | 3.7% | $8m | 453,888 | New |
| GlobantGLOB | 2.9% | $6m | 205,700 | +174% |
| Aris MiningARIS | 2.3% | $5m | 311,800 | -31% |
| Ishares TRLQD | 1.9% | $4m | 36,200 | Held |
| Cementos Pacasmayo S A ACPAC | 0.9% | $2m | 157,531 | -41% |
| dLocalDLO | 0.8% | $2m | 119,167 | New |
| Lithium Argentina AG | 0.6% | $1m | 1,274,000 | New |
| Ecopetrol S AEC | 0.5% | $1m | 74,889 | New |
| Americas Gold & SilverUSAS | 0.3% | $561,364 | 118,933 | New |
Options (6)
- Ishares TREEM
- Type
- Put
- Value
- $29m
- Contracts
- 420,000
- United STS Oil FD LPUSO
- Type
- Put
- Value
- $21m
- Contracts
- 200,000
- IsharesEWZ
- Type
- Put
- Value
- $10m
- Contracts
- 300,000
- Petrobras - Petroleo Brasileiro SAPBR
- Type
- Put
- Value
- $6m
- Contracts
- 400,000
- Petrobras - Petroleo Brasileiro SAPBR
- Type
- Call
- Value
- $6m
- Contracts
- 350,000
- Ecopetrol S AEC
- Type
- Put
- Value
- $3m
- Contracts
- 200,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Ishares TREEM | Put | $29m | 420,000 |
| United STS Oil FD LPUSO | Put | $21m | 200,000 |
| IsharesEWZ | Put | $10m | 300,000 |
| Petrobras - Petroleo Brasileiro SAPBR | Put | $6m | 400,000 |
| Petrobras - Petroleo Brasileiro SAPBR | Call | $6m | 350,000 |
| Ecopetrol S AEC | Put | $3m | 200,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 10.2% since 30 June 2025.
Where the money is
Financial services19.5%
Materials17.9%
Industrials12.0%
Technology3.7%
Other47.0%
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.