Q2 2026 13F · SEC CIK 1513137
INCA Investments LLC
Institutional asset managerFiled 2026-07-28 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $353.4M
- Reported positions
- 10
- Top holdings a year, 3 yrs
- +16.4%
- Assets under management
- $569.6M
INCA Investments LLC is an institutional asset manager that reported 10 positions worth $353.4M in its Q2 2026 13F, filed 2026-07-28. Its largest holdings were Banco Santander Chile (BSAC, 18.1%), Credicorp Ltd. (BAP, 17.3%), Grupo Financiero Galicia ADR (GGAL, 15.1%). A portfolio copying its top holdings returned 16.4% a year over the last 3 years, against 20.4% for the S&P 500.
INCA Investments LLC holdings all 10 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| BSACBanco Santander Chile | 18.1% | +53.7% | $64.0M |
| BAPCredicorp Ltd. | 17.3% | -23.9% | $61.2M |
| GGALGrupo Financiero Galicia ADR | 15.1% | +13.3% | $53.3M |
| LTMLatam Airlines Group-Sp ADR | 13.3% | +0.0% | $47.0M |
| CPACopa Holdings SA | 10.4% | +0.0% | $36.9M |
| NUNu Hldgs Ltd | 9.1% | +59.5% | $32.3M |
| AMXAmerica Movil Sab de Cv | 9.1% | — | $32.0M |
| MELIMercadolibre Inc | 4.2% | +18.1% | $15.0M |
| ITUBItau Unibanco Hldg S A | 1.8% | +0.0% | $6.4M |
| ARCOArcos Dorados Holdings | 1.5% | +0.0% | $5.3M |
What INCA Investments LLC bought and sold in Q2 2026, against Q1 2026.
New positions
- AMX America Movil Sab de Cv9.1% of 13F
Added to
- NU Nu Hldgs Ltd+59.5% shares
- BSAC Banco Santander Chile+53.7% shares
- MELI Mercadolibre Inc+18.1% shares
- GGAL Grupo Financiero Galicia ADR+13.3% shares
Reduced
- BAP Credicorp Ltd.-23.9% shares
Sold out
- FMX Fomento Economico Mexicano Swas 4.3%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +20.7% /yr
- S&P 500 +20.1%
- 3 years
- +16.4% /yr
- S&P 500 +20.4%
- 5 years
- +17.6% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $353.4M | 10 |
| Q1 2026 | $281.8M | 10 |
| Q4 2025 | $285.9M | 9 |
| Q3 2025 | $217.3M | 9 |
| Q2 2025 | $257.5M | 10 |
| Q1 2025 | $218.5M | 10 |
| Q4 2024 | $242.6M | 10 |
| Q3 2024 | $234.3M | 10 |
| Q2 2024 | $236.4M | 10 |
| Q1 2024 | $232.4M | 11 |
| Q4 2023 | $225.8M | 11 |
| Q3 2023 | $248.7M | 11 |
Questions about INCA Investments LLC's portfolio
What stocks does INCA Investments LLC own?
INCA Investments LLC's latest 13F, for Q2 2026 and filed Jul 28, 2026, lists 10 positions worth $353.4M. The largest are Banco Santander Chile (BSAC) at 18.1%, Credicorp Ltd. (BAP) at 17.3%, Grupo Financiero Galicia ADR (GGAL) at 15.1%, Latam Airlines Group-Sp ADR (LTM) at 13.3% and Copa Holdings SA (CPA) at 10.4%.
What did INCA Investments LLC buy last quarter?
In Q2 2026, INCA Investments LLC added a new position in America Movil Sab de Cv (AMX), Nu Hldgs Ltd (NU) (+59.5% shares), Banco Santander Chile (BSAC) (+53.7% shares) and Mercadolibre Inc (MELI) (+18.1% shares), compared with its Q1 2026 filing.
What did INCA Investments LLC sell last quarter?
In Q2 2026, INCA Investments LLC sold all of Fomento Economico Mexicano S (FMX) and Credicorp Ltd. (BAP) (-23.9% shares), compared with its Q1 2026 filing.
How has INCA Investments LLC's portfolio performed?
A portfolio copying INCA Investments LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +20.7% against +20.1%. Over 5 years: +17.6% a year against +11.6%.
When is INCA Investments LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. INCA Investments LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does INCA Investments LLC manage?
INCA Investments LLC reported $569.6M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $353.4M.