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Cape Ann Asset Management LTD

CIK:0001768237
Investment Adviser
$2B AUM
9 holdings
London, United Kingdom
Founded:2016
21 employees
Latest filing:Jun 30, 2025

Cape Ann Asset Management Ltd is a London-based investment adviser founded in 2016. The firm specializes in securities advice and typically serves institutional investors and pooled investment vehicles. As of June 2025, it manages approximately $2.3 billion in assets and maintains a staff of 21 professionals. Cape Ann focuses on global developing markets, delivering services primarily for professional and institutional clients.

Investment Strategy

Cape Ann Asset Management focuses on global developing markets, constructing concentrated portfolios primarily in emerging market equities. The firm strategically allocates capital by actively researching undervalued opportunities in sectors such as natural resources, education, banking, and infrastructure, favoring businesses with strong fundamentals and growth prospects in developing economies. Its approach is highly discretionary and long-term, aiming to capture alpha through rigorous fundamental analysis and bottom-up stock selection.

Latest 13F Filing Activity

Cape Ann Asset Management LTD filed their most recent 13F report on Jun 30, 2025 disclosing 9 equity positions with a total 13F market value of $233M. The fund increased holdings in Vista Energy S.a.b. de C.V., Ero Copper Corp., Kinross Gold Corp. among other positions. Cape Ann Asset Management LTD reduced exposure to Lufax Holding LTD, Ternium SA, Petroleo Brasileiro SA Petro among others.

Top Buys
V
VISTVISTA ENERGY S.A.B. DE C.V.
+$28.3M
E
EROERO COPPER CORP
+$17.5M
K
KGCKINROSS GOLD CORP
+$10.5M
B
BAPCREDICORP LTD
+$5.6M
B
BMABANCO MACRO SA
+$4.3M
Top Sells
V
VISTVISTA ENERGY S.A.B. DE C.V.
+$28.3M
E
EROERO COPPER CORP
+$17.5M
K
KGCKINROSS GOLD CORP
+$10.5M
B
BAPCREDICORP LTD
+$5.6M
L
LULUFAX HOLDING LTD
-$4.5M

Top Holdings

K
KGCKINROSS GOLD CORP
+23.8%$55.5M
B
BAPCREDICORP LTD
+14.8%$34.7M
V
VISTVISTA ENERGY S.A.B. DE C.V.
+12.1%$28.3M
T
TXTERNIUM SA
+11.6%$27.0M
C
CPACOPA HOLDINGS SA
+10.4%$24.2M

Equity Positions (9)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
KINROSS GOLD CORP23.76%$55.5M3,549,638$5.08$15.63+$10.5M
CREDICORP LTD14.85%$34.7M155,097$154.20$223.52+$5.6M
VISTA ENERGY S.A.B. DE C.V.12.11%$28.3M591,200$47.81$47.81+$28.3M
TERNIUM SA11.57%$27.0M897,049$25.68$30.10-$1.1M
COPA HOLDINGS SA10.39%$24.2M220,500$87.88$109.97+$3.7M

Industry Allocation

GOLD AND SILVER ORES
+29.4%
COMMERCIAL BANKS, NEC
+16.4%
STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)
+10.4%
SERVICES-EDUCATIONAL SERVICES
+9.8%
AIR TRANSPORTATION, SCHEDULED
+8.7%