RWC Asset Management LLP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
RWC Asset Management LLP disclosed 146 US equity positions worth $1.9bn in its Q1 2025 13F filing. The largest position was HPQ at 5.7% of the reported book, followed by EXC and M. Against the Q4 2024 filing, it opened 4 new positions, added to 9 and reduced 32 among the top 50 holdings.
What did RWC Asset Management LLP own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | HPQ HP INC | Technology | 5.7% | $110.8m | 4,000,866 | -9% | reduced |
| 2 | EXC EXELON CORP | Utilities | 4.7% | $92.1m | 1,998,147 | -14% | reduced |
| 3 | M MACYS INC | Consumer Cyclical | 4.2% | $80.9m | 6,438,517 | – | new |
| 4 | ABX BARRICK GOLD CORP | Financial Services | 3.5% | $68.2m | 3,506,407 | 8% | added |
| 5 | CSCO CISCO SYS INC | Technology | 2.7% | $53.1m | 861,276 | -4% | reduced |
| 6 | JNJ JOHNSON & JOHNSON | Healthcare | 2.7% | $51.8m | 312,174 | -4% | reduced |
| 7 | TAP MOLSON COORS BEVERAGE CO | Consumer Defensive | 2.6% | $51.3m | 843,366 | 13% | added |
| 8 | AMT AMERICAN TOWER CORP NEW | Real Estate | 2.6% | $51.1m | 234,818 | -4% | reduced |
| 9 | KDP KEURIG DR PEPPER INC | Consumer Defensive | 2.6% | $50.9m | 1,486,053 | -4% | reduced |
| 10 | SYY SYSCO CORP | Consumer Defensive | 2.4% | $46.4m | 618,760 | -4% | reduced |
| 11 | LEA LEAR CORP | Consumer Cyclical | 2.2% | $42.3m | 479,994 | 17% | added |
| 12 | CEG CONSTELLATION ENERGY CORP | Utilities | 2.0% | $39.3m | 195,092 | -12% | reduced |
| 13 | CMS CMS ENERGY CORP | Utilities | 2.0% | $38.6m | 514,375 | 38% | added |
| 14 | GFI GOLD FIELDS LTD | Basic Materials | 2.0% | $38.1m | 1,722,582 | -36% | reduced |
| 15 | OMC OMNICOM GROUP INC | Communication Services | 1.8% | $35.4m | 426,501 | -4% | reduced |
| 16 | PAYX PAYCHEX INC | Technology | 1.6% | $31.4m | 203,767 | -4% | reduced |
| 17 | PEP PEPSICO INC | Consumer Defensive | 1.6% | $30.5m | 203,559 | -4% | reduced |
| 18 | ABEV AMBEV SA | Consumer Defensive | 1.5% | $29.1m | 12,497,391 | -4% | reduced |
| 19 | D DOMINION ENERGY INC | Utilities | 1.4% | $27.4m | 488,248 | -16% | reduced |
| 20 | NEE NEXTERA ENERGY INC | Utilities | 1.4% | $26.7m | 377,008 | -44% | reduced |
| 21 | PBR PETROLEO BRASILEIRO SA PETRO | Energy | 1.4% | $26.3m | 1,834,992 | -14% | reduced |
| 22 | BRX BRIXMOR PPTY GROUP INC | Real Estate | 1.3% | $26.1m | 983,350 | -4% | reduced |
| 23 | AKAM AKAMAI TECHNOLOGIES INC | 1.3% | $26.1m | 27,500,000 | 4% | added | |
| 24 | INFY INFOSYS LTD | Technology | 1.3% | $25.1m | 1,377,723 | -4% | reduced |
| 25 | MELI MERCADOLIBRE INC | Consumer Cyclical | 1.3% | $24.7m | 12,668 | 4% | added |
| 26 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 1.3% | $24.5m | 184,940 | -14% | reduced |
| 27 | AMERICAN WTR CAP CORP | 1.2% | $22.6m | 22,000,000 | 10% | added | |
| 28 | MRK MERCK & CO INC | Healthcare | 1.2% | $22.4m | 249,253 | -5% | reduced |
| 29 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 1.1% | $21.1m | 133,242 | -4% | reduced |
| 30 | FRT FEDERAL RLTY INVT TR NEW | Real Estate | 1.1% | $20.4m | 209,037 | -4% | reduced |
| 31 | CWEN CLEARWAY ENERGY INC | Utilities | 1.0% | $19.3m | 637,326 | -49% | reduced |
| 32 | BSAC BANCO SANTANDER CHILE NEW | Financial Services | 1.0% | $18.8m | 826,754 | 45% | added |
| 33 | CNP CENTERPOINT ENERGY INC | 1.0% | $18.6m | 17,000,000 | -6% | reduced | |
| 34 | UBER UBER TECHNOLOGIES INC | 1.0% | $18.5m | 15,200,000 | -8% | reduced | |
| 35 | LI LI AUTO INC | Consumer Cyclical | 0.9% | $17.3m | 687,698 | -27% | reduced |
| 36 | PEG PUBLIC SVC ENTERPRISE GRP IN | Utilities | 0.9% | $16.9m | 205,273 | -7% | reduced |
| 37 | VST VISTRA CORP | Utilities | 0.9% | $16.8m | 143,272 | -0% | held |
| 38 | TEL TE CONNECTIVITY PLC | Technology | 0.8% | $16.3m | 115,220 | -12% | reduced |
| 39 | NEM NEWMONT CORP | Basic Materials | 0.8% | $15.7m | 326,214 | 0% | held |
| 40 | AVA AVISTA CORP | Utilities | 0.8% | $15.2m | 363,312 | -33% | reduced |
| 41 | HUBB HUBBELL INC | Industrials | 0.7% | $14.3m | 43,244 | -19% | reduced |
| 42 | LOMA LOMA NEGRA C I A S A MTN 14 | 0.7% | $13.6m | 1,238,585 | -7% | reduced | |
| 43 | SOUTHWEST AIRLS CO | 0.7% | $13.5m | 13,500,000 | 0% | held | |
| 44 | PDD PDD HOLDINGS INC | Consumer Cyclical | 0.7% | $12.9m | 108,801 | – | new |
| 45 | PG&E CORP | 0.7% | $12.7m | 12,000,000 | 0% | held | |
| 46 | CIBEUR BANCOLOMBIA S A | 0.6% | $12.5m | 311,853 | – | new | |
| 47 | TECK TECK RESOURCES LTD | Basic Materials | 0.6% | $12.5m | 342,249 | 7% | added |
| 48 | GLOBAL PMTS INC | 0.6% | $12.3m | 13,000,000 | – | new | |
| 49 | AEP AMERICAN ELEC PWR CO INC | Utilities | 0.6% | $11.5m | 104,910 | -20% | reduced |
| 50 | SOUTHERN CO | 0.6% | $11.2m | 10,000,000 | 0% | held |
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.