Ativo Capital Management LLC

CIK

1423065

Location

CHICAGO, IL

Portfolio Value

Micro $64,752,741

Diversification

Diversified

Filing Date

Global Rank

#6,130 / 8,232 ▲ 162

Top Industry

Banks - Regional 12.7%

3Y Alpha vs SPY

-7.6%

Period ended 2 months ago

Filed May 1, 2026 · 44d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+45.0%

SPY

+76.3%

Annualised alpha

-7.6%

Max drawdown

−14.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

24 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

10.1%

+0.3 pts

Top 5

42.7%

−0.7 pts

Top 10

62.8%

−0.5 pts

HHI

558

Diversified+0

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	24.6%	$15,905,846	6
Technology	15.3%	$9,893,344	3
Industrials	14.0%	$9,047,749	3
Consumer Cyclical	10.3%	$6,679,336	2
Basic Materials	10.2%	$6,609,018	3
Communication Services	6.3%	$4,071,257	1
Utilities	6.1%	$3,940,078	2
Consumer Defensive	4.8%	$3,098,155	2
Energy	4.8%	$3,089,773	1
Healthcare	3.7%	$2,418,185	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
CIG	Energy Co Of Minas Gerais	+226,097	812,518	$1,941,918
BBVA	Banco Bilbao Vizcaya Argentaria, S.A.	+22,837	102,788	$2,226,388
E	Eni Spa	+12,071	54,580	$3,089,773
B	Barrick Mining Corp	+10,777	66,756	$2,722,977
NVS	Novartis AG	+3,187	15,831	$2,418,185
RY	Royal Bank Of Canada	+3,118	13,060	$2,112,846
AER	AerCap Holdings N.V.	+2,277	41,724	$5,723,698
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp	+80	65,492	$1,998,160
HMY	Harmony Gold Mining Co Ltd	+67	86,487	$1,329,305
UL	Unilever PLC	+3	21,201	$1,207,820
BTI	British American Tobacco p.l.c.	+1	32,330	$1,890,335
No positions match the current search.

Trimmed

Positions the filer reduced

10 positions

Ticker	Company	Δ Shares	Shares	Value
CHKP	Check Point Software Technologies Ltd	−24,021	12,533	$1,790,339
BAP	Credicorp Ltd	−2,670	18,870	$6,400,326
YUMC	Yum China Holdings, Inc.	−1,700	101,320	$4,942,389
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−1,501	19,283	$6,516,689
NTES	NetEase, Inc.	−716	36,370	$4,071,257
WF	Woori Financial Group Inc.	−17	27,530	$1,833,498
IX	Orix Corp	−9	51,149	$1,533,958
ABBNY	Abb Ltd	−5	22,640	$1,804,408
AEM	Agnico Eagle Mines Ltd	−4	12,596	$2,556,736
TD	Toronto Dominion Bank	−1	19,278	$1,798,830
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
ASML	Asml Holding NV	1,201	$1,586,316
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
BZ	Kanzhun Ltd	114,420	$2,331,879
ATEYY	Advantest Corp	11,900	$1,503,327
TM	Toyota Motor Corp/	5,755	$1,231,915
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $64,752,741 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	19,283	-1,501	$6,516,689	+3.2%	10.06%
BAP	Credicorp Ltd Financial Services	Reduced	18,870	-2,670	$6,400,326	+3.5%	9.88%
AER	AerCap Holdings N.V. Industrials	Added	41,724	+2,277	$5,723,698	+0.9%	8.84%
YUMC	Yum China Holdings, Inc. Consumer Cyclical	Reduced	101,320	-1,700	$4,942,389	+0.5%	7.63%
NTES	NetEase, Inc. Communication Services	Reduced	36,370	-716	$4,071,257	−20.2%	6.29%
E	Eni Spa Energy	Added	54,580	+12,071	$3,089,773	+91.6%	4.77%
B	Barrick Mining Corp Basic Materials	Added	66,756	+10,777	$2,722,977	+11.7%	4.21%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	12,596	-4	$2,556,736	+19.7%	3.95%
NVS	Novartis AG Healthcare	Added	15,831	+3,187	$2,418,185	+38.7%	3.73%
BBVA	Banco Bilbao Vizcaya Argentaria, S.A. Financial Services	Added	102,788	+22,837	$2,226,388	+19.5%	3.44%
RY	Royal Bank Of Canada Financial Services	Added	13,060	+3,118	$2,112,846	+24.7%	3.26%
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp Utilities	Added	65,492	+80	$1,998,160	+28.1%	3.09%
CIG	Energy Co Of Minas Gerais Utilities	Added	812,518	+226,097	$1,941,918	+65.6%	3.00%
BTI	British American Tobacco p.l.c. Consumer Defensive	Added	32,330	+1	$1,890,335	+3.3%	2.92%
WF	Woori Financial Group Inc. Financial Services	Reduced	27,530	-17	$1,833,498	+13.2%	2.83%
ABBNY	Abb Ltd Industrials	Reduced	22,640	-5	$1,804,408	+4.1%	2.79%
TD	Toronto Dominion Bank Financial Services	Reduced	19,278	-1	$1,798,830	−0.9%	2.78%
CHKP	Check Point Software Technologies Ltd Technology	Reduced	12,533	-24,021	$1,790,339	−73.6%	2.76%
GIL	Gildan Activewear Inc. Consumer Cyclical	Held	31,212	0	$1,736,947	−10.9%	2.68%
ASML	Asml Holding NV Technology	NEW	1,201	NEW	$1,586,316	NEW	2.45%
IX	Orix Corp Financial Services	Reduced	51,149	-9	$1,533,958	+2.6%	2.37%
ASR	Southeast Airport Group Industrials	Held	4,521	0	$1,519,643	+3.9%	2.35%
HMY	Harmony Gold Mining Co Ltd Basic Materials	Added	86,487	+67	$1,329,305	−22.7%	2.05%
UL	Unilever PLC Consumer Defensive	Added	21,201	+3	$1,207,820	−12.9%	1.87%