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Seafarer Capital Partners, LLC

Andrew Foster · Investment Advisor · Growth

Seafarer Capital Partners, LLC is an independent, employee-owned investment adviser founded in 2011 and based in Larkspur, California. The firm specializes in emerging markets, offering strategies designed to participate in the growth and progress of the developing world. Seafarer provides investment solutions through its flagship mutual funds, focusing on long-term capital appreciation and income. Led by founder Andrew Foster, the firm employs a fundamental, bottom-up research process to identify companies with sustainable growth prospects and sound governance. Seafarer is known for its deep research into regional, country, and sector trends, aiming to build lasting wealth for its clients while mitigating the inherent volatility of emerging markets.

Simulated Performance

MetricValue
Total return+11.0%
YTD return+5.0%
Sharpe ratio3.65
Win rate62%
AUM$0.6B
InceptionOct 1, 2025
UpdatedSep 4, 2026

Institution Status

FieldValue
AUM$0.6B
TurnoverLow (<15%)
Avg holding18 Months
InceptionOct 1, 2025
Websitehttps://www.seafarerfunds.com

Current Holdings

Updated on Sep 4, 2026.

TickerNamePortfolio %Return
BUDAnheuser Busch Inbev NV ADR14.0%+29.9%
BAPCredicorp Ltd13.6%+45.9%
ITUBItau Unibanco Banco Holding SA13.5%+18.8%
ABEVAmbev SA ADR11.4%+37.4%
XPXp Inc10.5%+12.1%
MONDYMondi plc8.1%-14.7%
HDBHDFC Bank Limited ADR8.0%-12.6%
WMMVYWal Mart de Mexico SAB de CV ADR7.8%0.0%
RADLYRaia Drogasil SA ADR7.1%0.0%
BABAAlibaba Group Holding Ltd4.4%-36.1%
ARCOArcos Dorados Holdings Inc0.5%+21.5%
SUZSuzano Papel e Celulose SA ADR0.5%+0.5%
KOFCoca-Cola Femsa SAB de CV ADR0.5%+33.3%

Recent activity

DateActionTickerWeight
Aug 17, 2026SELLKOF0.5% → 0.5%
Aug 17, 2026SELLRADLY6.8% → 7.1%
Aug 17, 2026BUYBUD13.8% → 14.0%
Aug 17, 2026SELLBAP14.3% → 13.6%
Aug 17, 2026BUYARCO0.5% → 0.5%

Investment Style Analysis

Seafarer Capital Partners, LLC is widely recognized for employing a Growth strategy. As of Sep 4, 2026, the firm oversees approximately $0.6B in assets under management (AUM). The portfolio demonstrates a clear preference for the Banks - Regional and Beverages - Brewers sectors, reflecting a high-conviction approach to capital allocation.

Recent Market Moves

During the latest rebalancing period ending Aug 17, Seafarer Capital Partners, LLC made a significant move by reducing the position in KOF. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.

Investment Philosophy

Seafarer's investment philosophy is centered on the belief that emerging markets offer distinct opportunities for long-term capital appreciation and income. The firm follows a bottom-up, fundamental research approach, seeking to identify companies capable of compounding value over time through sustainable growth and prudent capital management. Seafarer emphasizes the importance of first-hand observations and a deep understanding of the structural changes occurring in developing economies. Rather than focusing on short-term market fluctuations or index-driven benchmarks, the firm targets businesses with resilient business models and strong governance that can navigate the complexities of international investing.

Disclaimer

The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Seafarer Capital Partners, LLC.

Similar Investment Style

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Frequently asked questions

How is the simulated portfolio for Seafarer Capital Partners, LLC constructed?

This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.

What is Seafarer Capital Partners, LLC's largest holding?

As of the latest filing, Seafarer Capital Partners, LLC's top position is Anheuser Busch Inbev NV ADR (BUD), representing 14.0% of the portfolio. This reflects a high-conviction bet by the institution.

What is Seafarer Capital Partners, LLC's historical performance and risk profile?

Our simulation indicates a total return of +11.0% with a win rate of 62%. Notably, the portfolio maintains a Sharpe Ratio of 3.65, suggesting an exceptional level of risk-adjusted returns compared to the broader market.

What sectors does Seafarer Capital Partners, LLC primarily invest in?

Seafarer Capital Partners, LLC has a strong preference for the Banks - Regional sector, which makes up 35.1% of their disclosed assets. The portfolio also has exposure to Beverages - Brewers, indicating a specific thematic focus.

Is Seafarer Capital Partners, LLC's portfolio concentrated or diversified?

Seafarer Capital Partners, LLC runs a highly concentrated portfolio with 13 disclosed positions. The top 3 holdings alone account for 41.1% of the total portfolio weight, suggesting a strategy that favors deep research into a few key names.

How has Seafarer Capital Partners, LLC performed in 2026?

Our AI-simulated model portfolio for Seafarer Capital Partners, LLC tracks a Year-to-Date (YTD) return of +5.0%. This metric helps investors gauge the institution's effectiveness in the current market environment.

Does Andrew Foster manage Seafarer Capital Partners, LLC directly?

Yes, Andrew Foster serves as the key portfolio manager for Seafarer Capital Partners, LLC, overseeing the investment strategy and final capital allocation decisions.