Equal-WT
WhaleScore 2.0
?
Inca Investments is based out of Miami. Inca Investments is a hedge fund with 2 clients and discretionary assets under management (AUM) of $486,042,385 (Form ADV from 2024-08-06). Their last reported 13F filing for Q4 2024 included $242,558,094 in managed 13F securities
and a top 10 holdings concentration of 100.0%. Inca Investments's largest holding is Grupo Financiero Galicia with shares held of 1,373,576. Whalewisdom has at least 60 13F filings, and 4 13G filings
Business Description
INCA Investments, LLC is a Miami-based investment firm founded in 2004 by Fernando X. Donayre, CFA*, CPA. The firm specializes in international and emerging market equity investments, drawing on the extensive experience of its team. Donayre, with over 30 years in the industry, previously held senior positions at FPL Group Inc., Globalvest Management, and Zephyr Management, L.P.
INCA Investments employs a team of experienced portfolio managers, including Jeronimo De Guzman and Efrain Chavez. De Guzman joined INCA in 2021 after working as a LatAm Analyst at Morgan Stanley, while Chavez joined in 2015 following roles at Artha Capital and Goldman Sachs & Co. All three individuals have not been involved in any legal or disciplinary events that would be material to a client's evaluation of them or the firm.
Owners
- CHAVEZ, EFRAIN, MARTIN - MEMBER
- DE GUZMAN, JERONIMO - MEMBER
- BORENSTEIN, DAVID, MICHAEL - MEMBER/CHIEF COMPLIANCE OFFICER
- FXD HOLDINGS, LLC - HOLDING COMPANY Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)
2024-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| LOMA Loma Negra Compania | 3.7% |
| MELI MercadoLibre Inc | 1.85% |
| NU Nu Holdings Ltd | 0.82% |
| XP XP Inc | -3.46% |
2024-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| BAP Credicorp Ltd | 5.08% |
| FMX Fomento Economico Me | 2.77% |
| ITUB Itau Unibanco Holdin | 2.7% |
| ARCO Arcos Dorados Holdin | 1.05% |
| OMAB Grupo Aeroportuario | 0.26% |
2024-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| GGAL Grupo Financiero Gal | 35.29% |
| BAP Credicorp Ltd | 15.22% |
| BSAC Banco Santander Chil | 11.91% |
| MELI MercadoLibre Inc | 10.21% |
| FMX Fomento Economico Me | 7.19% |
2024-12-31
13F Activity
| Market Value | $243m, Prior: $234m |
| Inflows (Outflows) as % of Total MV | +1.5386% |
| New Purchases | 1 stocks |
| Added To | 3 stocks |
| Sold out of | 1 stocks |
| Reduced holdings in | 4 stocks |
| Top 10 Holdings % | 100% |
| Turnover %[1] | 18.18% |
| Turnover Alt %[2] | 8.01% |
| Time Held Top 20 | 21 quarters |
| Time Held Top 10 | 18.3 quarters |
| Time Held All | 21 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-12-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31