Aquamarine Capital
Long Only- Manager
- Guy Spier
- Quarter
- Q2 2026
- Filed
- 2026-08-12
- 13F value
- $1.81B
- Positions
- 17
- CIK
- 0002104187
Weights are % of 13F book — no reported capital figure for this filer.i
| # | # Shares | Source | ||||||
|---|---|---|---|---|---|---|---|---|
| 1 | Banco Bradesco S ABBDHISTORY | 35.83% | +19.2% | $649.0M | 186,948,134 | +30,100,000 | — | 13F |
| 2 | Ypf Sociedad AnonimaYPFHISTORY | 31.24% | +37.9% | $565.9M | 12,444,948 | +3,418,273 | 3.16% | 13F |
| 3 | Grupo Financiero Galicia S.AGGALHISTORY | 9.71% | +48.9% | $175.9M | 3,515,564 | +1,154,582 | — | 13F |
| 4 | Nu Hldgs LTDNUHISTORY | 6.62% | +797.8% | $119.9M | 8,977,636 | +7,977,636 | — | 13F |
| 5 | Banco Macro S ABMAHISTORY | 4.31% | +58.2% | $78.0M | 842,490 | +310,000 | — | 13F |
| 6 | Gerdau SAGGBHISTORY | 3.73% | — | $67.6M | 16,726,171 | — | 2.33% | 13F |
| 7 | Banco Santander Brasil S ABSBRHISTORY | 3.01% | +5.9% | $54.6M | 10,394,184 | +576,259 | — | 13F |
| 8 | Banco Bbva Argentina S ABBARHISTORY | 1.84% | +37.7% | $33.4M | 1,701,078 | +465,756 | 0.28% | 13F |
| 9 | Pagaya Technologies LTDPGYHISTORY | 1.78% | NEW | $32.3M | 1,771,209 | +1,771,209 | 2.14% | 13F |
| 10 | Oramed Pharmaceuticals IncORMPHISTORY | 0.67% | +18.9% | $12.1M | 2,512,175 | +399,863 | 6.04% | 13F+13G |
| 11 | Alpha Tau Medical LTDDRTSHISTORY | 0.50% | — | $9.1M | 721,501 | — | 0.82% | 13F |
| 12 | Cosan S ACSANYHISTORY | 0.33% | — | $6.0M | 2,096,904 | — | 0.05% | 13F |
| 13 | Innoviz Technologies LTDINVZHISTORY | 0.24% | +12.6% | $4.4M | 5,828,949 | +651,671 | 2.72% | 13F |
| 14 | Pulsenmore LTDPLSMHISTORY | 0.11% | — | $2.0M | 338,541 | — | 5.21% | 13F |
| 15 | Transportadora DE Gas Del SuTGSHISTORY | 0.05% | — | $0.9M | 29,696 | — | — | 13F |
| 16 | Central Puerto S ACEPUHISTORY | 0.02% | — | $0.3M | 19,314 | — | 0.00% | 13F |
| 17 | Valens Semiconductor LTDVLNHISTORY | <0.01% | — | $<0.1M | 559,653 | — | 0.54% | 13F |
Positions are from the latest 13F-HR (period end 2026-06-30). Weights are calculated: position value ÷ the 13F book. Rows marked Off-13F are >5% stakes disclosed on a Schedule 13D/13G dated after the latest 13F; they report shares and percent of class but no dollar value. Chg Shares and % Chg compare with the adjacent prior quarter's 13F only. % Out is either calculated (position shares ÷ issuer shares outstanding from the issuer's XBRL cover page; weighted-average basic shares as a fallback) or reported (percent of class on a Schedule 13D/13G newer than the 13F period) — hover a value for its source and date. Unavailable figures show “—”, never an estimate. Methodology