# EDGAR Filing Document

**Accession Number:** 0001729347
**File Stem:** 0001999371-25-009245
**Filing Date:** 2025-7
**Character Count:** 7046
**Document Hash:** a155a8bbb88578c64416414801590203
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-009245.hdr.sgml**: 20250716

**ACCESSION NUMBER**: 0001999371-25-009245

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250716

**DATE AS OF CHANGE**: 20250716

**EFFECTIVENESS DATE**: 20250716

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ABS Direct Equity Fund LLC
- **CENTRAL INDEX KEY:** 0001729347

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23609
- **FILM NUMBER:** 251127308

**BUSINESS ADDRESS:**
- **STREET 1:** 2187 ATLANTIC STREET, SUITE 604
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902
- **BUSINESS PHONE:** 2036183700

**MAIL ADDRESS:**
- **STREET 1:** 2187 ATLANTIC STREET, SUITE 604
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** ABS Direct Equity Fund LLC<br>**Address:** 2187 Atlantic Street Suite 604<br>Stamford, CT 06902

**Form 13F File Number:** 028-23609

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** DAVID FINN<br>**Title:** Chief Compliance Officer<br>**Phone:** 203-618-3700

**Signature, Place, and Date of Signing:**

/s/ DAVID FINN  STAMFORD, CT  07-16-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 33

**Form 13F Information Table Value Total:** $62891419

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALTA EQUIPMENT GROUP INC | COMMON STOCK | 02128L106 |  | 1264000 | 200000 | SH |  | OTR |  | 200000 | 0 | 0 |
| BANCO BBVA ARGENTINA S A | SPONSORED ADS | 058934100 |  | 455366 | 27665 | SH |  | OTR |  | 27665 | 0 | 0 |
| BANCO MACRO SA | SPON ADR B | 05961W105 |  | 259426 | 3695 | SH |  | OTR |  | 3695 | 0 | 0 |
| CEMEX SAB DE CV | SPON ADR NEW | 151290889 |  | 2009007 | 289900 | SH |  | OTR |  | 289900 | 0 | 0 |
| COCA-COLA FEMSA SAB DE CV | SPONS ADS REP | 191241108 |  | 740371 | 7654 | SH |  | OTR |  | 7654 | 0 | 0 |
| CROCS INC | COM | 227046109 |  | 1012800 | 10000 | SH |  | OTR |  | 10000 | 0 | 0 |
| D MARKET ELECTR SVCS  TRADI | SPONSORED ADS | 23292B104 |  | 500310 | 185300 | SH |  | OTR |  | 185300 | 0 | 0 |
| EURONET WORLDWIDE INC | COM | 298736109 |  | 3041400 | 30000 | SH |  | OTR |  | 30000 | 0 | 0 |
| FLYWIRE CORPORATION | COM VTG | 302492103 |  | 3217500 | 275000 | SH |  | OTR |  | 275000 | 0 | 0 |
| FIVE9 INC | COM | 338307101 |  | 2648000 | 100000 | SH |  | OTR |  | 100000 | 0 | 0 |
| FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 |  | 6755488 | 65600 | SH |  | OTR |  | 65600 | 0 | 0 |
| FULL TRUCK ALLIANCE CO LTD | SPONSORED ADS | 35969L108 |  | 5863429 | 496480 | SH |  | OTR |  | 496480 | 0 | 0 |
| GRIFFON CORP | COM | 398433102 |  | 2171100 | 30000 | SH |  | OTR |  | 30000 | 0 | 0 |
| GRUPO FINANCIERO GALICIA S.A | SPONSORED ADR | 399909100 |  | 1393183 | 27648 | SH |  | OTR |  | 27648 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL CENT | SPON ADR | 400501102 |  | 1445350 | 13700 | SH |  | OTR |  | 13700 | 0 | 0 |
| GRUPO AEROPUERTO DEL PACIFIC | SPON ADS B | 400506101 |  | 1871403 | 8150 | SH |  | OTR |  | 8150 | 0 | 0 |
| INTERNATIONAL MNY EXPRESS IN | COM | 46005L101 |  | 1009000 | 100000 | SH |  | OTR |  | 100000 | 0 | 0 |
| KASPI KZ JSC | SPONSORED ADS | 48581R205 |  | 2522337 | 29713 | SH |  | OTR |  | 29713 | 0 | 0 |
| LATHAM GROUP INC | COM | 51819L107 |  | 1595000 | 250000 | SH |  | OTR |  | 250000 | 0 | 0 |
| LEGACY HOUSING CORP | COM | 52472M101 |  | 906400 | 40000 | SH |  | OTR |  | 40000 | 0 | 0 |
| LEGEND BIOTECH CORP | SPONSORED ADS | 52490G102 |  | 1174719 | 33100 | SH |  | OTR |  | 33100 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 784089 | 300 | SH |  | OTR |  | 300 | 0 | 0 |
| PAMPA ENERGIA S A | SPONS ADR LVL I | 697660207 |  | 1738247 | 25054 | SH |  | OTR |  | 25054 | 0 | 0 |
| PAR TECHNOLOGY CORP | COM | 698884103 |  | 4162200 | 60000 | SH |  | OTR |  | 60000 | 0 | 0 |
| PHINIA INC | COMMON STOCK | 71880K101 |  | 3114300 | 70000 | SH |  | OTR |  | 70000 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 2522201 | 24099 | SH |  | OTR |  | 24099 | 0 | 0 |
| POWERFLEET INC | COM | 73931J109 |  | 646500 | 150000 | SH |  | OTR |  | 150000 | 0 | 0 |
| RENTOKIL INITIAL PLC | SPONSORED ADR | 760125104 |  | 360000 | 15000 | SH |  | OTR |  | 15000 | 0 | 0 |
| UNITED PARKS  RESORTS INC | COM | 81282V100 |  | 3064750 | 65000 | SH |  | OTR |  | 65000 | 0 | 0 |
| TRANSPORTADORA DE GAS SUR | SPONSORED ADS B | 893870204 |  | 1804142 | 69658 | SH |  | OTR |  | 69658 | 0 | 0 |
| VESTA REAL ESTATE CORP | ADS | 92540K109 |  | 572451 | 20900 | SH |  | OTR |  | 20900 | 0 | 0 |
| VISTA ENERGY S.A.B. DE C.V. | SPONSORED ADS | 92837L109 |  | 956200 | 20000 | SH |  | OTR |  | 20000 | 0 | 0 |
| XPONENTIAL FITNESS INC | COM CL A | 98422X101 |  | 1310750 | 175000 | SH |  | OTR |  | 175000 | 0 | 0 |

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