Seafarer Capital Partners, LLC Q4 2022 vs. Q1 2023: A Deep Dive into their 13F Holdings

Seafarer Capital Partners, LLC is a well-known investment management firm that specializes in emerging and frontier markets. It recently released its latest quarterly 13F filing, which lists its holdings for Q4 2022 and Q1 2023. This filing provides valuable insights into the fund's investment strategy and provides useful information for investors who may be considering investing in Seafarer Capital Partners, LLC. In this article, we will delve into Seafarer's top holdings, identify any significant changes, and analyze what it all means.

First up is Coca-Cola FEMSA SAB-SP ADR, with 622,000 shares held in both Q4 2022 and Q1 2023. While there hasn't been much of a change in the number of shares held, the value of the shares has increased by 18.5%, from $42,221,000 to $50,052,000. This suggests that Seafarer Capital Partners, LLC believes in the long-term growth prospects of the company.

Next is Anheuser Busch Inbev SA NV, with 732,000 shares held in both Q4 2022 and Q1 2023. There has been a slight increase in the value of these shares, from $43,949,000 to $48,846,000, which represents a change of 11.1%. As with Coca-Cola FEMSA, this suggests that Seafarer Capital Partners, LLC is bullish on AB Inbev's long-term prospects.

Itau Unibanco H Spon PRF is the firm's third-largest holding, with 9,094,000 shares held in Q4 2022, increasing to 9,874,000 shares in Q1 2023. The value of these shares saw an increase of 12.3%, from $42,832,000 to $48,086,000. Itau Unibanco is the largest bank in Brazil and is well-positioned to benefit from the country's growing economy.

Fourth on the list is Ambev - SA, with 16,039,000 shares held in Q4 2022, increasing to 16,639,000 shares in Q1 2023. The value of these shares saw an increase of 7.6%, from $43,626,000 to $46,921,000. Ambev is the largest brewing company in Latin America and is well-positioned to benefit from the region's growth.

XP Inc. is the fifth-largest holding, with 1,542,000 shares held in Q4 2022, increasing to 3,405,000 shares in Q1 2023. The value of these shares saw a massive increase of 70.9%, from $23,654,000 to $40,417,000. XP is a Brazilian financial services company that provides investment advisory, asset management, and brokerage services.

Finally, there is BAP US, with 225,200 shares held in Q4 2022, increasing to 246,200 shares in Q1 2023. The value of these shares also saw an increase of 6.7%, from $30,550,000 to $32,594,000. Credicorp Ltd, through its subsidiaries, provides a range of financial and health-related services and products in Peru and internationally.

In conclusion, Seafarer Capital Partners, LLC's recent 13F filings show some interesting changes to its top holdings. While there haven't been any significant changes in the number of shares held in some companies, the increase in their values is noteworthy. This suggests that Seafarer Capital Partners, LLC believes that these companies have promising growth prospects. It is important to note that these holdings are as of Q1 2023, and there could be changes since then. Regardless, analyzing 13F filings is a valuable tool for investors to determine which companies investment firms like Seafarer Capital Partners, LLC see potential in.