Aquamarine Financial (Cayman) Ltd
Long book
$1.37B
Q1 2026
Positions
17
Top-10 weight
99%
concentration
Last quarter
-0.7%
SPY +14.8%
Turnover
24%
of book per quarter
Strategy in plain words
auto-generated from filingsAquamarine Financial (Cayman) Ltd is a concentrated fundamental stock-picker, specialised in financials (62% of the long book), running a $1.37B US long book across 17 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: BANCO BRADESCO-ADR, YPF S.A.-SPONSORED ADR, GRUPO FINANCIERO GALICIA-ADR, GERDAU SA -SPON ADR, BANCO SANTANDER BRASIL-ADS.
We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q3 2025
+23.0%
Q4 2025
+10.8%
Q1 2026
-0.7%
Sector allocation
Financials 46%
Healthcare 43%
Industrials 11%
Long book by quarter
What does Aquamarine Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NU NU HOLDINGS LTD/CAYMAN ISL-A | Financials | 1.0M | $14.4M | 1.1% | New |
| ORMP ORAMED PHARMACEUTICALS INC | Healthcare | 2.1M | $7.2M | 0.5% | +7.1% |
| DRTS ALPHA TAU MEDICAL LTD | Healthcare | 721.5K | $5.1M | 0.4% | New |
| INVZ INNOVIZ TECHNOLOGIES LTD | Industrials | 5.2M | $3.3M | 0.2% | +2820.4% |
| PLSM PULSENMORE LTD | Healthcare | 338.5K | $1.2M | 0.1% | New |