Aquamarine Financial (Cayman) Ltd — 13F holdings

Aquamarine Financial (Cayman) Ltd reported 17 holdings worth $1.81B in its 13F filing for Q2 2026, filed August 12, 2026.

Largest positions

1. BBD BANCO BRADESCO S A — $649M (35.8%)
2. YPF YPF SOCIEDAD ANONIMA — $566M (31.2%)
3. GGAL GRUPO FINANCIERO GALICIA S.A — $176M (9.7%)
4. NU NU HLDGS LTD — $120M (6.6%)
5. BMA Banco Macro SA — $78.0M (4.3%)
6. GGB GERDAU SA — $67.6M (3.7%)
7. BSBR BANCO SANTANDER BRASIL S A — $54.6M (3.0%)
8. BBAR BANCO BBVA ARGENTINA S A — $33.4M (1.8%)
9. PGY PAGAYA TECHNOLOGIES LTD — $32.3M (1.8%)
10. ORMP ORAMED PHARMACEUTICALS INC — $12.1M (0.7%)