Coronation Fund Managers 13F: Adds $817K to Credicorp (BAP) Stake
Key Points
- The fund's reported value for its Credicorp position is approximately $34.8 million after the increase.
- Coronation Fund Managers held 91,595 $BAP shares at quarter end, up 2.41% from the prior quarter.
- Credicorp's stock recently traded at $365.28, which is about equal to its closing price on the filing date.
- Coronation Fund Managers' stake in Credicorp now makes up 1.98% of its total reported portfolio, ranking 14th among its holdings.
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Coronation Fund Managers boosted its position in Credicorp Ltd. (BAP) by 2,152 shares, bringing its total to 91,595 shares, valued at approximately $34.8 million. This change was disclosed in a filing on October 27, 2026.
BAP
Credicorp Ltd.
Where Credicorp Fits in Coronation Fund Managers' Portfolio
Credicorp now represents 1.98% of Coronation's total reported portfolio, ranking 14th among its holdings. The increase of 2,152 shares reflects a 2.4% boost in the position.
Other Institutional Activity in Credicorp Ltd.
Dodge & Cox reduced its stake in Credicorp by 460,765 shares, totaling 3,410,175 shares worth about $1.33 billion. Mondrian Investment Partners trimmed its position by 19,484 shares, ending with 71,451 shares valued at approximately $27.1 million. Brevan Howard Capital Management added 33,802 shares, bringing its total to 33,802 shares worth about $13.2 million.
Credicorp Ltd. Stock Down 2.3%
The stock closed at $365.28 on October 27, 2026, and recently traded at the same price. It is currently below its 50-day moving average of $379.47 but above its 200-day average of $358.40.
Recent Earnings
For the trailing twelve months, Credicorp reported revenue of approximately $22.27 billion and earnings per share of $26.55. The next earnings report is scheduled for November 9, 2026.
Insider Buying and Selling at Credicorp Ltd.
Recently, Chief Financial Officer Alejandro Perez-Reyes sold 1,073 shares at an average price of $337.50 on May 21, 2026, totaling about $362,138. Officer Diego Antonio Cavero also sold 3,500 shares at $319.00 on June 5, 2026, for a total of approximately $1.12 million.
Analysts Set New Price Targets
On September 16, 2026, JP Morgan upgraded Credicorp to an Overweight rating with a target price of $482.00. UBS maintained a Buy rating with a target of $473.00 on August 20, 2026. The consensus recommendation for Credicorp is a Buy, with a mean target price of $427.48 from 14 analysts.
About Credicorp Ltd.
Credicorp Ltd. provides a wide range of banking services and products across several countries, including Peru, Colombia, and the U.S. The company operates through various segments, including Universal Banking and Investment Management. This recent stake increase by Coronation reflects ongoing interest in the financial services sector.
Bottom Line
Investors should watch for Credicorp's upcoming earnings report on November 9, 2026, for insights into the company's performance. Coronation Fund Managers' recent boost in its stake indicates confidence in Credicorp's future prospects.
Related Filing Alerts
Source: Coronation Fund Managers's 13F filing on $BAP (Oct 27, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts