Equal-WT
WhaleScore 2.0
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Seafarer Capital Partners is based out of Larkspur. Seafarer Capital Partners is a large advisory firm with 2 clients and discretionary assets under management (AUM) of $3,023,253,278 (Form ADV from 2025-03-27). Their last reported 13F filing for Q1 2025 included $308,665,340 in managed 13F securities
and a top 10 holdings concentration of 100.0%. Seafarer Capital Partners's largest holding is Ambev S.A. with shares held of 29,069,000. Whalewisdom has at least 34 13F filings
Business Description
Seafarer, a Delaware limited liability company, was founded in 2011 by Andrew Foster and Michelle Foster. Andrew Foster serves as the Firm’s Chief Investment Officer, and Michelle Foster is the Chief Executive Officer.
To promote its services, Seafarer engages in sales and marketing activities, such as responding to client requests for information and presenting information on Seafarer’s investment capabilities. They also share educational materials, market commentaries, and white papers. However, these materials should not be considered investment advice, and clients seeking professional guidance should seek independent advice.
Investment Strategy
The Adviser employs a "value" style of investing, emphasizing companies with low valuations that are expected to improve. This strategy aims for a minimum long-term rate of return by investing in securities priced below their intrinsic value. The research process is based on Seafarer's framework of seven distinct sources of value in emerging markets, seeking viable opportunities for long-term, value-oriented investments.
The strategy also seeks to offer investors a relatively stable means of participating in the growth of the developing world by investing in companies that can generate sustained financial performance, typically through steady dividends. The Adviser believes that selecting companies capable of paying steady dividends can mitigate a portion of the risk associated with investing in developing countries. Both strategies use a bottom-up security selection process based on fundamental research.
Owners
- FOSTER REVOCABLE LIVING TRUST (PLEASE SEE SCHEDULE D - MISCELLANEOUS FOR FULL NAME OF TRUST) - MEMBER
- LENIK, DAVID, CHARLES - CHIEF COMPLIANCE OFFICER
- FOSTER, ANDREW, THEODORE - CHIEF INVESTMENT OFFICER, MANAGING MEMBER
- FOSTER, MICHELLE, MARIE - CHIEF EXECUTIVE OFFICER, MANAGING MEMBER
- Borst, Nicholas, Stephen - VICE PRESIDENT Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2025-03-31
Top Buys (13F)
| Name | % Change |
|---|---|
| ITUB Itau Unibanco Holdin | 0.75% |
2025-03-31
Top Sells (13F)
| Name | % Change |
|---|---|
| BAP Credicorp Ltd | 3.52% |
2025-03-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| ABEV Ambev S.A. | 21.94% |
| BUD Anheuser-Busch InBev | 20.32% |
| ITUB Itau Unibanco Holdin | 19.94% |
| XP XP Inc | 19.43% |
| BAP Credicorp Ltd | 17.19% |
2025-03-31
13F Activity
| Market Value | $309m, Prior: $263m |
| Inflows (Outflows) as % of Total MV | +0.3343% |
| New Purchases | 0 stocks |
| Added To | 1 stocks |
| Sold out of | 0 stocks |
| Reduced holdings in | 2 stocks |
| Top 10 Holdings % | 100% |
| Turnover %[1] | 0% |
| Turnover Alt %[2] | 1.31% |
| Time Held Top 20 | 12.8571 quarters |
| Time Held Top 10 | 12.8571 quarters |
| Time Held All | 12.86 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.
2025-03-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2025-03-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2025-03-31