13F Insight
DOSSIER · 13F-HR · Q2 2026

INCA Investments LLC

$353M in tracked AUM across 10 positions as of Q2 2026.

II
CIK 0001513137 · last filed Jun 30, 2026
Total AUM
$353M
as of Q2 2026
Holdings
10
—
positions
Whale Score
71
71
strong
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

INCA Investments LLC manages a highly concentrated, non-diversified portfolio characterized by a significant reduction in assets under management (AUM) and a focused geographic strategy. As of the reporting period ending September 30, 2025, the total portfolio value stood at approximately $144.02 million, representing a sharp decline of 44.1% from the $257.49M reported in the previous quarter. The portfolio consists of only six holdings, indicating a high-conviction strat...

Key Holdings

The portfolio is heavily weighted toward its top position, Credicorp Ltd (BAP), which accounts for nearly 40% (39.95%) of the total assets at $57.53 million. This dominance suggests that the firm’s performance is tightly correlated with the fortunes of the Peruvian banking sector. The remaining five positions are allocated in a more balanced manner, ranging from roughly 5.7% to 16.6%.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
BSAC
BANCO SANTANDER CHILE NEW
$64M1.9M18.1%02
G2519Y108
CREDICORP LTD
$61M157K17.3%03
GGAL
GRUPO FINANCIERO GALICIA S.A
$53M1.1M15.1%04
LTM
LATAM AIRLINES GROUP SA
$47M807K13.3%05
P31076105
COPA HOLDINGS SA
$37M237K10.4%06
G6683N103
NU HLDGS LTD
$32M2.4M9.1%07
AMX
AMERICA MOVIL SAB DE CV
$32M1.2M9.1%08
MELI
MERCADOLIBRE INC
$15M9K4.2%09
ITUB
ITAU UNIBANCO HLDG S A
$6M783K1.8%10
G0457F107
ARCOS DORADOS HLDGS INC
$5M654K1.5%

Filing history

2026Q2Jun 30
$353M▲ 25.4%
10 positionsView →2026Q1Mar 31
$282M▼ 1.4%
10 positionsView →2025Q4Dec 31
$286M▲ 98.5%
9 positionsView →2025Q3Sep 30
$144M▼ 44.1%
6 positionsView →2025Q2Jun 30
$257M▲ 117.5%
10 positionsLocked2025Q1Mar 31
$118M▼ 51.2%
6 positionsLocked2024Q4Dec 31
$243M▲ 3.5%
10 positionsLocked2024Q3Sep 30
$234M▼ 0.9%
10 positionsLocked2024Q2Jun 30
$236M▲ 1.7%
10 positionsLocked2024Q1Mar 31
$232M▲ 2.9%
11 positionsLocked2023Q4Dec 31
$226M▼ 9.2%
11 positionsLocked2023Q3Sep 30
$249M▼ 13.1%
11 positionsLocked
Showing 12 of 54