INCA Investments LLC
Net buyer this quarter
$353M
10
+$41.8M
100.0%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 BSAC | $64M | 18.11% | 0.00% | +53.7% | Q2 2018 |
 BAP | $61.2M | 17.31% | 0.17% | -23.9% | Q2 2013 |
 GGAL | $53.3M | 15.09% | Not reported | +13.3% | Q1 2015 |
 LTM | $47M | 13.31% | 0.00% | Not reported | Q4 2025 |
 CPA | $36.9M | 10.44% | 0.58% | Not reported | Q2 2013 |
 NU | $32.3M | 9.14% | Not reported | +59.5% | Q1 2024 |
 AMX | $32M | 9.07% | 0.00% | Not reported | Q4 2014 |
 MELI | $15M | 4.24% | 0.02% | +18.1% | Q1 2022 |
 ITUB | $6.4M | 1.81% | 0.01% | Not reported | Q2 2013 |
 ARCO | $5.27M | 1.49% | 0.31% | Not reported | Q2 2013 |
| Q1 2026 | |||||
| BAP | $69.9M | 24.82% | 0.22% | -9.7% | Q2 2013 |
| GGAL | $43.9M | 15.58% | Not reported | Not reported | Q1 2015 |
| BSAC | $42.2M | 14.98% | 0.00% | +18.8% | Q2 2018 |
| LTM | $39.9M | 14.16% | 0.00% | Not reported | Q4 2025 |
| CPA | $26.9M | 9.56% | 0.58% | Not reported | Q2 2013 |
| NU | $21.8M | 7.73% | Not reported | -1.2% | Q1 2024 |
| MELI | $12.9M | 4.58% | 0.01% | Not reported | Q1 2022 |
 FMX | $12.2M | 4.34% | Not reported | -72.1% | Q2 2022 |
| ITUB | $6.56M | 2.33% | 0.01% | -14.1% | Q2 2013 |
| ARCO | $5.4M | 1.92% | 0.31% | -17.0% | Q2 2013 |
| Q4 2025 | |||||
| BAP | $65.5M | 22.91% | 0.24% | +5.6% | Q2 2013 |
| GGAL | $50.7M | 17.74% | Not reported | -13.0% | Q1 2015 |
| LTM | $43.6M | 15.25% | 0.00% | New | Q4 2025 |
| FMX | $39.9M | 13.97% | Not reported | +6.9% | Q2 2022 |
| BSAC | $33.1M | 11.58% | 0.00% | +48.8% | Q2 2018 |
| NU | $25.7M | 8.99% | Not reported | +2.9% | Q1 2024 |
| MELI | $15M | 5.26% | 0.01% | -3.3% | Q1 2022 |
| ITUB | $6.53M | 2.28% | 0.02% | -8.0% | Q2 2013 |
| ARCO | $5.78M | 2.02% | 0.37% | -35.2% | Q2 2013 |
| Q3 2025 | |||||
| BAP | $57.5M | 26.47% | 0.23% | +11.4% | Q2 2013 |
| FMX | $36.5M | 16.78% | Not reported | +34.6% | Q2 2022 |
| GGAL | $29.8M | 13.70% | Not reported | +1.0% | Q1 2015 |
| NU | $23.9M | 10.99% | Not reported | -20.0% | Q1 2024 |
| BSAC | $19M | 8.72% | 0.00% | +36.4% | Q2 2018 |
| MELI | $18M | 8.30% | 0.02% | -22.4% | Q1 2022 |
 XP | $17.4M | 8.01% | Not reported | -29.1% | Q4 2021 |
| ARCO | $8.21M | 3.78% | 0.58% | -13.1% | Q2 2013 |
| ITUB | $7.06M | 3.25% | 0.02% | -22.9% | Q2 2013 |