Mondrian Investment Partners 13F: Cuts BAP Stake by $7.4M

Mondrian Investment Partners trimmed its stake in Credicorp Ltd. BAP by 19,484 shares during the quarter, according to a Form 13F filing with the SEC on October 23, 2026. The fund owned 90,935 shares previously and finished the period with 71,451 shares worth about $27.1 million. That adjustment represents a 21.4% decrease in the fund's holdings.

BAP Credicorp Ltd.

$370.21 ▲ +35.37% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mondrian Investment Partners's Credicorp Position

The reported value of the remaining shares stands at $27,141,985 based on the filing details. Mondrian Investment Partners reduced the size of its portfolio allocation to the regional bank by shedding over a fifth of its prior share count.

Other Institutional Activity in Credicorp

Other large institutional investors made adjustments to their own positions around the same time. Driehaus Capital Management lowered its holdings by 21,314 shares, ending with 450,730 shares valued at about $175.6 million. Euro Pacific Asset Management added 565 shares for a new total of 565 shares worth approximately $207,005. Dodge & Cox cut its stake by 460,765 shares to finish with 3,410,175 shares worth about $1.3 billion. Brevan Howard Capital Management opened a new position with 33,802 shares valued at roughly $13.2 million. Dodge & Cox Inc. reduced its holdings by 795,958 shares, leaving it with 2,614,315 shares worth about $967.8 million.

Credicorp Ltd. Stock Down 4.7%

Credicorp shares closed at $370.21 on October 23, 2026. The stock recently traded around $370.21 as of October 24, 2026. That price sits below its 50-day moving average of $380.08 but above its 200-day moving average of $357.35. The shares trade about 10.4% below their 52-week high of $413.25 and well above their 52-week low of $230.45.

Recent Earnings

Credicorp reported trailing twelve-month revenue of $22.3 billion and earnings of $26.55 per share. The company posted a return on equity of 20.4% alongside a net profit margin of 33.1%. The next earnings report is scheduled for November 9, 2026.

Dividend

The company pays an annual dividend rate of $14.41 per share, giving it a dividend yield of 3.88%. The payout consumes 53.9% of earnings.

Insider Buying and Selling at Credicorp Ltd.

Chief Financial Officer Alejandro Perez-Reyes sold 1,073 shares on May 21, 2026, at an average price of $337.50 for a total value of $362,138. Officer Diego Antonio Cavero sold 3,500 shares on June 5, 2026, at an average price of $319.00 for a total value of $1,116,500.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. Goldman Sachs maintained a neutral rating with a price target of $374.00 on July 16, 2026. UBS maintained a buy rating, raising its target from $412.00 to $473.00 on August 20, 2026. JP Morgan upgraded the stock to an overweight rating and raised its price target from $453.00 to $482.00 on September 16, 2026. The stock carries a consensus buy rating with a mean price target of $427.48 across 14 analyst opinions.

About Credicorp

Credicorp Ltd. provides financial and banking services across several Latin American countries, focusing on Peru, Bolivia, and Chile. The company operates through universal banking, microfinance, insurance, and investment management divisions, offering credit instruments and deposit accounts to individual and corporate clients.

Bottom Line

Investors are keeping an eye on Credicorp ahead of its upcoming earnings report on November 9, 2026. Institutional adjustments and insider transactions continue to shape market views on the regional bank's valuation.