Cape Ann Asset Management Ltd 13F annual report

Cape Ann Asset Management Ltd is an investment fund managing more than $105 billion ran by Geoffrey Summers. There are currently 6 companies in Mr. Summers’s portfolio. The largest investments include Ternium Sa and Credicorp Ltd, together worth $69.3 billion.

$105 billion Assets Under Management (AUM)

As of 6th November 2023, Cape Ann Asset Management Ltd’s top holding is 1,013,585 shares of Ternium Sa currently worth over $40.4 billion and making up 38.5% of the portfolio value. In addition, the fund holds 225,343 shares of Credicorp Ltd worth $28.8 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Kinross Gold worth $23.2 billion and the next is Petroleo Brasileiro Sa Petro worth $4.81 billion, with 350,810 shares owned.

Currently, Cape Ann Asset Management Ltd's portfolio is worth at least $105 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Cape Ann Asset Management Ltd

The Cape Ann Asset Management Ltd office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Geoffrey Summers serves as the Chief Compliance Officer at Cape Ann Asset Management Ltd.

Recent trades

In the most recent 13F filing, Cape Ann Asset Management Ltd revealed that it had increased its stake in Credicorp Ltd and bought 19,400 additional shares worth around $2 million. This means they effectively own approximately 0.1% of the company. Credicorp Ltd makes up 86.1% of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.

On the other hand, Geoffrey Summers disclosed a decreased stake in Ternium Sa by approximately 0.1%. This leaves the value of the investment at $40.4 billion and 1,013,585 shares.

One of the smallest hedge funds

The two most similar investment funds to Cape Ann Asset Management Ltd are Onyxpoint Global Management L.P. and Copperleaf Capital. They manage $105 billion and $105 billion respectively.

Geoffrey Summers investment strategy

Cape Ann Asset Management Ltd’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Finance — making up 31.9% of the total portfolio value. The fund focuses on investments in the Peru as 16.7% of the portfolio companies are based in the Peru.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 33% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $25.2 billion.

The complete list of Cape Ann Asset Management Ltd trades based on 13F SEC filings

These positions were updated on November 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Ternium Sa	4.32% 1,013,585	$40,442,042,000	38.54%
Credicorp Ltd	9.42% 225,343	$28,837,144,000	27.48%
Kinross Gold Corp.	4.36% 5,087,063	$23,197,007,000	22.10%
Petroleo Brasileiro Sa Petro	8.44% 350,810	$4,809,605,000	4.58%
Lufax Holding Ltd	99.11% 4,383,126	$4,646,114,000	4.43%
Vale S.A.	0.88% 224,502	$3,008,327,000	2.87%
No transactions found
Showing first 500 out of 6 holdings