Moneda S.A. Administradora General de Fondos
Long book
$122.6M
Q1 2026
Positions
25
Top-10 weight
80%
concentration
Last quarter
-0.7%
SPY +14.8%
Turnover
32%
of book per quarter
Strategy in plain words
auto-generated from filingsMoneda S.A. Administradora General de Fondos is a concentrated fundamental stock-picker, running a $122.6M US long book across 25 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: MERCADOLIBRE INC, VALE SA-SP ADR, QUIMICA Y MINERA CHIL-SP ADR, GRUPO CIBEST SA-ADR, PETROLEO BRASILEIRO-SPON ADR.
Over the last 9 quarters its long book ran on average 2pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. 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
Q1 2024
-3.2%
Q2 2024
+9.0%
Q3 2024
-11.2%
Q4 2024
+7.8%
Q1 2025
+13.3%
Q2 2025
+1.1%
Q3 2025
+5.6%
Q4 2025
+0.3%
Q1 2026
-0.7%
Sector allocation
Services media 100%
Long book by quarter
What does Moneda S.A. own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MELI MERCADOLIBRE INC | Services media | 24.2K | $41.9M | 34.2% | +55.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 25 | $122.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 32 | $111.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Dec 5, 2025 | 26 | $90.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 25 | $92.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 26 | $93.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 6, 2025 | 25 | $96.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 25 | $121.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 26 | $142.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 6, 2024 | 25 | $178.1M | canonical | SEC ↗ |
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