Managers / Q3 2024 · view latest →
Breakout Capital Partners, LP
CIK 0001935243 · 1 ROCKEFELLER PLAZA, SUITE 1610, NEW YORK, NY, 10020 · 212-497-5100
Summary
Breakout Capital Partners, LP reported $103M in U.S.-listed holdings across 8 positions for Q3 2024.
Its largest position, Itau Unibanco Hldg S A, represents 18.7% of the portfolio.
Compared with Q2 2024, the fund opened 1 new position and exited 0.
Portfolio Metrics
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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ADR · 73.8% · $76M
- ETP · 26.2% · $27M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| KRANESHARES TRUST | NEW | +228.8K | 228.8K | +$8M | $8M |
| KSPIKASPI KZ JSC | ADDED | +134.5K | 231.0K | +$12M | $24M |
| ISHARES INC | TRIMMED | −114.2K | 536.6K | −$2M | $15M |
| VANECK ETF TRUST | ADDED | +28.1K | 356.1K | +$559,224 | $5M |
| ITAU UNIBANCO HLDG S A | HELD | +0 | 2.89M | +$2M | $19M |
| HDBHDFC BANK LTD | HELD | +0 | 244.8K | −$433,367 | $15M |
| PBRPETROLEO BRASILEIRO SA PETRO | HELD | +0 | 1.17M | −$93,814 | $17M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 18.68% | $19M | 2.89M |
| 2 | PBRPETROLEO BRASILEIRO SA PETROhistory → | SPONSORED ADR | 16.42% | $17M | 1.17M |
| 3 | HDBHDFC BANK LTDhistory → | SPONSORED ADS | 14.89% | $15M | 244.8K |
| 4 | ISHARES INC | MSCI CHILE ETF | 14.23% | $15M | 536.6K |
| 5 | KSPIKASPI KZ JSChistory → | SPONSORED ADS | 13.49% | $14M | 131.0K |
| 6 | KRANESHARES TRUST | CSI CHI INTERNET | 7.57% | $8M | 228.8K |
| 7 | VANECK ETF TRUST | VANECK VIETNAM | 4.42% | $5M | 356.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $174M | 8 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $140M | 7 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $135M | 7 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $102M | 6 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $109M | 7 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $97M | 8 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $103M | 8 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $83M | 6 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $212M | 11 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $186M | 9 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
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 ↗.