Somerset Capital Management LL.P. 13F annual report

Somerset Capital Management LL.P. is an investment fund managing more than $8.12 million ran by Peter Collis. There are currently 5 companies in Mr. Collis’s portfolio. The largest investments include Kb Financial Group Inc-adr and Copa Holdings, together worth $5.31 million.

$8.12 million Assets Under Management (AUM)

As of 28th December 2023, Somerset Capital Management LL.P.’s top holding is 82,167 shares of Kb Financial Group Inc-adr currently worth over $3.42 million and making up 42.1% of the portfolio value. In addition, the fund holds 17,700 shares of Copa Holdings worth $1.89 million. The third-largest holding is MercadoLibre Inc worth $1.11 million and the next is Freeport-McMoRan Inc worth $920 thousand, with 21,500 shares owned.

Currently, Somerset Capital Management LL.P.'s portfolio is worth at least $8.12 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Somerset Capital Management LL.P.

The Somerset Capital Management LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Peter Collis serves as the Compliance Analyst at Somerset Capital Management LL.P..

Recent trades

There are companies that Somerset Capital Management LL.P. is getting rid of from its portfolio. Somerset Capital Management LL.P. closed its position in Icici Bank Adr on 4th January 2024. It sold the previously owned 9,210,826 shares for $212 million. Peter Collis also disclosed a decreased stake in Copa Holdings by 0.1%. This leaves the value of the investment at $1.89 million and 17,700 shares.

One of the smallest hedge funds

The two most similar investment funds to Somerset Capital Management LL.P. are Coltrane Asset Management L.P. and Oakhurst Advisors. They manage $8.1 million and $8.25 million respectively.

Peter Collis investment strategy

Somerset Capital Management LL.P.’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 23.3% of the total portfolio value. The fund focuses on investments in the Uruguay as 20.0% of the portfolio companies are based in the Uruguay.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 60% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $41.1 billion.

The complete list of Somerset Capital Management LL.P. trades based on 13F SEC filings

These positions were updated on January 4th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Icici Bank Adr	Closed 9,210,826	$212,358,000
Infosys Limited Adr	Closed 7,734,971	$131,961,000
Kb Financial Group Inc-adr	No change 82,167	$3,416,000	42.08%
Copa Holdings	13.66% 17,700	$1,891,000	23.29%
MercadoLibre Inc	98.98% 700	$1,106,000	13.62%
Freeport-McMoRan Inc	98.76% 21,500	$920,000	11.33%
Yum China Holdings Inc	98.78% 18,400	$785,000	9.67%
Waterdrop Inc.	Closed 121,700	$141,000
No transactions found
Showing first 500 out of 8 holdings