SEC 13F Intelligence

Managers / Q1 2020 · view latest →

Newfoundland Capital Management

CIK 0001697752 · RUA DR. RENATO PAES DE BARROS, 778, CONJUNTO 11, SAO PAULO, D5, 04530-001 · 551151803311

Reported Value
$462M
Q1 2020
Positions
60
Filings on Record
23
2019–present window
Filed
May 15, 2020
original filing

Summary

Newfoundland Capital Management reported $462M in U.S.-listed holdings across 60 positions for Q1 2020.

Its largest position, Afya, represents 2.1% of the portfolio.

Compared with Q4 2019, the fund opened 20 new positions and exited 10.

Portfolio Metrics

Turnover
+32.9%
vs prior filed quarter
Top-10 Concentration
+13.6%
share of reported value
Largest Position
+2.1%
Afya
New / Exited
20 / 10
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $601MQ1 ’19Q2 ’19: $403MQ3 ’19: $586MQ4 ’19: $598MQ4 ’19Q1 ’20: $462MQ2 ’20: $576MQ3 ’20: $810MQ3 ’20Q4 ’20: $86MQ1 ’21: $303MQ2 ’21: $1.6BQ2 ’21Q3 ’21: $587MQ4 ’21: $283MQ1 ’22: $341MQ1 ’22Q2 ’22: $353MQ3 ’22: $363MQ4 ’22: $16MQ4 ’22Q1 ’23: $17MQ2 ’23: $13MQ3 ’23: $20MQ3 ’23Q4 ’23: $11MQ1 ’24: $9Mfilingsflow.com

Portfolio Composition

By security type
ETP: 80.1%ADR: 9.2%Common Stock: 5.5%Other: 5.2%
  • ETP · 80.1% · $370M
  • ADR · 9.2% · $43M
  • Common Stock · 5.5% · $26M
  • Other · 5.2% · $24M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GLDSPDR GOLD TRUSTNEW+150.0K150.0K+$22M$22M
ISHARES TRNEW+139.0K139.0K+$11M$11M
LAURLAUREATE EDUCATION INCNEW+871.5K871.5K+$9M$9M
LILABLIBERTY LATIN AMERICA LTDNEW+544.8K544.8K+$6M$6M
FMXFOMENTO ECONOMICO MEXICANO SNEW+77.9K77.9K+$5M$5M
BAPCREDICORP LTDNEW+28.4K28.4K+$4M$4M
MAG SILVER CORPNEW+509.7K509.7K+$4M$4M
TVGRUPO TELEVISA SANEW+294.3K294.3K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2020

34 positions (from 40 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AFYA LTDCL A COM2.15%$10M520.8K
2BBDBANCO BRADESCO S Ahistory →SP ADR PFD NEW2.11%$10M2.41M
3LAURLAUREATE EDUCATION INChistory →CL A1.98%$9M871.5K
4ARCOS DORADOS HOLDINGS INCSHS CLASS -A -1.82%$8M2.52M
5LILABLIBERTY LATIN AMERICA LTDCOM CL C · COM CL A1.26%$6M567.6K
6FMXFOMENTO ECONOMICO MEXICANO Shistory →SPON ADR UNITS1.02%$5M77.9K
7GLDSPDR GOLD TRUSTGOLD SHS0.96%$4M30.0K
8MAG SILVER CORPCOM0.85%$4M509.7K
9KOFCOCA COLA FEMSA S A B DE C VSPONSORD ADR REP0.80%$4M91.4K
10INTERCORP FINL SVCS INCSHS0.70%$3M116.7K
11SQMSOCIEDAD QUIMICA MINERA DE CSPON ADR SER B0.63%$3M129.7K
12BAPCREDICORP LTDCOM0.63%$3M20.3K
13AMXNAMERICA MOVIL SAB DE CVSPON ADR L SHS0.56%$3M220.5K
14GRANA Y MONTERO S A ASPONSORED ADS0.52%$2M1.57M
15AVALGRUPO AVAL ACCIONES Y VALORESPONSORED ADS0.52%$2M549.7K
16EWZISHARES INCMSCI BRAZIL ETF0.47%$2M92.7K
17CCUCOMPANIA CERVECERIAS UNIDASSPONSORED ADR0.40%$2M138.2K
18PSMTPRICESMART INCCOM0.39%$2M34.4K
19TVGRUPO TELEVISA SASPON ADR REP ORD0.37%$2M294.3K
20CRESYCRESUD S A C I F Y ASPONSORED ADR0.32%$1M421.2K
21LATAM AIRLS GROUP S ASPONSORED ADR0.30%$1M518.5K
22VALEVALE S ASPONSORED ADS0.23%$1M129.6K
23NATURA &CO HLDG S AADS0.23%$1M107.6K
24XPXP INCCL A0.21%$952,00049.3K
25GOL EQUITY FINDEBT 3.750% 7/10.17%$803,0002.00M
26ITUBITAU UNIBANCO HLDG S ASPON ADR REP PFD0.16%$752,000167.5K
27VISTVISTA OIL & GAS S A B DE C VSPONSORED ADS0.08%$380,000190.0K
28VLRSCONTROLADORA VUELA CIA DE AVSPON ADR RP 100.08%$364,000106.0K
29BANCOLOMBIA S ASPON ADR PREF0.08%$357,00014.0K
30CIGCOMPANHIA ENERGETICA DE MINASP ADR N-V PFD0.06%$278,000163.5K
31TELEFONICA BRASIL SASPONSORED ADR0.06%$269,00030.1K
32TSUTIM PARTICIPACOES S ASPONSORED ADR0.03%$146,00012.0K
33GREAT PANTHER MINING LIMITEDCOM0.01%$58,000187.4K
34GGBGERDAU SASPON ADR REP PFD0.00%$20,00010.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2024$9M3May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$11M6Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$20M9Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$13M4Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$17M6May 16, 2023RESTATEMENTchanges · EDGAR ↗
Q4 2022$16M2Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$363M33Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$353M39Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$341M29May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$283M47Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$587M48Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.6B40Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$303M44May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$86M35Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$810M75Nov 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$576M69Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$462M60May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$598M56Jan 23, 202013F-HRchanges · EDGAR ↗
Q3 2019$586M68Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019REVEALED$403M54Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$601M42May 15, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Armadillo Capital Management LLC028-18783

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.