INCA Investments LLC
Filing Date
Global Rank
#3,521
/ 8,605
▲ 76
· as of Mar 2026
Top Industry
Banks - Regional
65.4%
3Y Alpha vs SPY
+1.1%
Period ended 3 months ago
Filed Apr 30, 2026 · 2mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+81.9%
SPY
+76.5%
Annualised alpha
+1.2%
Max drawdown
−19.4%
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
10 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
24.8%
+1.9 pts
Top 5
79.1%
−2.3 pts
Top 10
100.0%
0.0 pts
HHI
1,484
Diversified−35
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 65.4% | $184,398,484 |
| Industrials | 23.7% | $66,851,867 |
| Consumer Cyclical | 6.5% | $18,309,326 |
| Consumer Defensive | 4.3% | $12,228,150 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BSAC | Banco Santander Chile | +199,618 | 1,263,892 | $42,213,992 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| FMX | Mexican Economic Development Inc | −285,157 | 110,104 | $12,228,150 | |
| ARCO | Arcos Dorados Holdings Inc. | −133,609 | 654,392 | $5,398,734 | |
| ITUB | Itau Unibanco Holding S.A. | −128,290 | 783,087 | $6,562,269 | |
| BAP | Credicorp Ltd | −22,063 | 206,170 | $69,928,740 | |
| NU | Nu Holdings Ltd. | −18,641 | 1,515,899 | $21,783,468 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CPA | Copa Holdings, S.A. | 237,214 | $26,949,882 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
10 positions ·
$281,787,827 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BAP |
Credicorp Ltd
Financial Services
|
Reduced | 206,170 | $69,928,740 | 24.82% | |
| GGAL |
Grupo Financiero Galicia SA
Financial Services
|
Held | 940,056 | $43,910,015 | 15.58% | |
| BSAC |
Banco Santander Chile
Financial Services
|
Added | 1,263,892 | $42,213,992 | 14.98% | |
| LTM |
Latam Airlines Group S.A.
Industrials
|
Held | 807,079 | $39,901,985 | 14.16% | |
| CPA |
Copa Holdings, S.A.
Industrials
|
NEW | 237,214 | $26,949,882 | 9.56% | |
| NU |
Nu Holdings Ltd.
Financial Services
|
Reduced | 1,515,899 | $21,783,468 | 7.73% | |
| MELI |
Mercadolibre Inc
Consumer Cyclical
|
Held | 7,467 | $12,910,592 | 4.58% | |
| FMX |
Mexican Economic Development Inc
Consumer Defensive
|
Reduced | 110,104 | $12,228,150 | 4.34% | |
| ITUB |
Itau Unibanco Holding S.A.
Financial Services
|
Reduced | 783,087 | $6,562,269 | 2.33% | |
| ARCO |
Arcos Dorados Holdings Inc.
Consumer Cyclical
|
Reduced | 654,392 | $5,398,734 | 1.92% |