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Carrhae Capital LLP 13F holdings, Q3 2024

Holdings as of September 30, 2024 · filings on SEC EDGAR · latest filing →

Carrhae Capital LLP disclosed 22 US equity positions worth $875.5m in its Q3 2024 13F filing. The largest position was EGO at 10.5% of the reported book, followed by BABA and EMBJ.

· Q4 2024 →

What did Carrhae Capital LLP own in Q3 2024? Top 22 positions

#StockSectorWeightValueSharesΔ sharesvs prior
1 EGO ELDORADO GOLD CORP NEW Basic Materials 10.5%$92.1m5,302,497 –
2 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 8.8%$76.9m724,856 –
3 EMBJ EMBRAER S.A. Industrials 7.3%$63.8m1,803,821 –
4 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 7.2%$63.1m363,263 –
5 PDD PDD HOLDINGS INC Consumer Cyclical 6.9%$60.4m447,960 –
6 COPA HOLDINGS SA 6.0%$52.2m555,900 –
7 EDU NEW ORIENTAL ED & TECHNOLOGY Consumer Defensive 5.9%$51.9m684,187 –
8 SE SEA LTD Consumer Cyclical 5.9%$51.8m549,394 –
9 FMX FOMENTO ECONOMICO MEXICANO S 5.0%$43.4m440,036 –
10 GDX VANECK ETF TRUST 4.9%$43.1m1,081,695 –
11 IBN ICICI BANK LIMITED Financial Services 4.5%$39.6m1,325,165 –
12 AU ANGLOGOLD ASHANTI PLC Basic Materials 3.9%$34.1m1,281,410 –
13 MAKEMYTRIP LIMITED MAURITIUS 3.8%$33.0m354,959 –
14 BAP CREDICORP LTD Financial Services 3.2%$28.0m154,577 –
15 FNV FRANCO NEV CORP Basic Materials 3.2%$27.8m224,084 –
16 FCX FREEPORT-MCMORAN INC Basic Materials 2.6%$23.1m463,275 –
17 RENEW ENERGY GLOBAL PLC 2.6%$23.0m3,654,991 –
18 YUMC YUM CHINA HLDGS INC Consumer Cyclical 2.4%$21.2m470,300 –
19 VALE VALE S A Basic Materials 2.3%$20.4m1,749,987 –
20 SPY SPDR S&P 500 ETF TR 1.7%$15.2m26,537 –
21 CX CEMEX SAB DE CV Basic Materials 1.3%$11.4m1,864,650 –
22 RENEW ENERGY GLOBAL PLC 0.0%$21.9k64,966 –

Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.