Fourth Sail Capital LP: LIBERTY LATIN AMERICA LTD (LILAK): Quarterly 13F Position History
As of Q1 2026, Fourth Sail Capital LP reported 2,755,775 shares of LIBERTY LATIN AMERICA LTD (LILAK), worth $24.3M and representing 4.0% of its 13F equity book. Quarter-over-quarter share count change: 139,953 (-4.8%) . The position first appeared in Q4 2023 and has been disclosed across 10 13F-HR filings in Pactolio's tracked window.
- 2,755,775Shares Held (Latest Filing)
- $24.3MReported Market Value (Latest Filing)
- 4.0%Portfolio Weight (% of 13F Equity Book)
- 139,953Quarter-over-Quarter Share Change
- +$2.7MQuarter-over-Quarter Value Change
- 3,835,640Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 10 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,755,775 | 139,953 | -4.8% | $24.3M | 4.0% | $8.8 |
| Q4 2025 | 2,895,728 | +533,221 | +22.6% | $21.6M | 3.5% | $7.5 |
| Q3 2025 | 2,362,507 | 1,473,133 | -38.4% | $19.9M | 4.8% | $8.4 |
| Q2 2025 | 3,835,640 | +1,302,037 | +51.4% | $23.9M | 4.9% | $6.2 |
| Q1 2025 | 2,533,603 | +2,533,603 | — | $15.7M | 3.7% | $6.2 |
| Q4 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2024 | 0 | 98,897 | -100.0% | $0 | 0.0% | — |
| Q2 2024 | 98,897 | 2,507,692 | -96.2% | $951.4K | 0.2% | $9.6 |
| Q1 2024 | 2,606,589 | 100,641 | -3.7% | $18.2M | 5.4% | $7.0 |
| Q4 2023 | 2,707,230 | — | — | $19.9M | 6.3% | $7.3 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Fourth Sail Capital LP first disclose a LILAK position in 13F-HR filings?
Fourth Sail Capital LP first reported LIBERTY LATIN AMERICA LTD (LILAK) on its 13F-HR filing for the period ending 2023-12-31 (Q4 2023). The position has appeared on 10 reported quarters within Pactolio's tracked window.
What was Fourth Sail Capital LP's most recent quarter-over-quarter share-count change in LILAK?
Between Q4 2025 and Q1 2026, Fourth Sail Capital LP reduced its LILAK position by 139,953 shares (-4.8%), leaving 2,755,775 shares at a market value of $24.3M.
Does the implied price-per-share represent Fourth Sail Capital LP's cost basis in LILAK?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.