Vault-13

Aquamarine Financial (Cayman) Ltd

Grand Cayman, E9 · CIK 2104187 · 13F filing filed 2026-01-12

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$974.7m reported value
11positions
100.0%in top 10
—no comparable previous quarter

Holdings, Q3 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 BANCO BRADESCO S A SP ADR PFD NEW BBD BBD 137,533,653 $477.1m48.95% 48.95% First filing
2 YPF SOCIEDAD ANONIMA SPON ADR CL D YPF YPF 12,973,695 $315.1m32.33% 32.33% First filing
3 GERDAU SA SPON ADR REP PFD GGB GGB 17,801,228 $55.2m5.66% 5.66% First filing
4 BANCO SANTANDER BRASIL S A ADS REP 1 UNIT BSBR BSBR 8,995,322 $50.3m5.16% 5.16% First filing
5 GRUPO FINANCIERO GALICIA S.A SPONSORED ADR GGAL GGAL 1,325,000 $36.7m3.77% 3.77% First filing
6 BANCO MACRO SA SPON ADR B BMA BMA 455,961 $19.3m1.98% 1.98% First filing
7 COSAN S A ADS CSANY CSANY 2,241,053 $10.3m1.06% 1.06% First filing
8 ORAMED PHARMACEUTICALS INC COM NEW ORMP ORMP 1,973,057 $5.2m0.53% 0.53% First filing
9 BANCO BBVA ARGENTINA S A SPONSORED ADS BBAR BBAR 560,000 $4.7m0.48% 0.48% First filing
10 TRANSPORTADORA DE GAS SUR SPONSORED ADS B TGS TGS 29,696 $624.5k0.06% 0.06% First filing
11 CENTRAL PUERTO S A SPONSORED ADR CEPU CEPU 19,314 $154.7k0.02% 0.02% First filing

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

CompanyTickerStakeChange ScheduleLast filed
ORAMED PHARMACEUTICALS INC ORMP · 13G · filed 2026-08-14 ORMP 6.0%≈ $12.1m +1.0 pts 13G 2026-08-14
PULSENMORE LTD PLSM · 13G · filed 2026-10-08 PLSM 5.0% new 13G 2026-10-08