RWC Asset Management LLP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
RWC Asset Management LLP disclosed 164 US equity positions worth $1.9bn in its Q2 2025 13F filing. The largest position was HPQ at 7.4% of the reported book, followed by M and EXC. Against the Q1 2025 filing, it opened 2 new positions, added to 13 and reduced 30 among the top 50 holdings.
What did RWC Asset Management LLP own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | HPQ HP INC | Technology | 7.4% | $140.8m | 5,755,619 | 44% | added |
| 2 | M MACYS INC | Consumer Cyclical | 6.5% | $124.1m | 10,646,837 | 65% | added |
| 3 | EXC EXELON CORP | Utilities | 4.2% | $80.5m | 1,854,121 | -7% | reduced |
| 4 | CSCO CISCO SYS INC | Technology | 3.0% | $56.8m | 818,229 | -5% | reduced |
| 5 | CEG CONSTELLATION ENERGY CORP | Utilities | 2.8% | $53.0m | 164,130 | -16% | reduced |
| 6 | LEA LEAR CORP | Consumer Cyclical | 2.7% | $52.2m | 549,148 | 14% | added |
| 7 | TAP MOLSON COORS BEVERAGE CO | Consumer Defensive | 2.7% | $50.4m | 1,047,174 | 24% | added |
| 8 | AMT AMERICAN TOWER CORP NEW | Real Estate | 2.6% | $49.3m | 222,969 | -5% | reduced |
| 9 | KDP KEURIG DR PEPPER INC | Consumer Defensive | 2.5% | $46.6m | 1,409,934 | -5% | reduced |
| 10 | JNJ JOHNSON & JOHNSON | Healthcare | 2.4% | $45.2m | 296,185 | -5% | reduced |
| 11 | SYY SYSCO CORP | Consumer Defensive | 2.3% | $44.4m | 586,551 | -5% | reduced |
| 12 | CMS CMS ENERGY CORP | Utilities | 1.8% | $33.7m | 485,833 | -6% | reduced |
| 13 | GFI GOLD FIELDS LTD | Basic Materials | 1.6% | $31.1m | 1,312,852 | -24% | reduced |
| 14 | MELI MERCADOLIBRE INC | Consumer Cyclical | 1.6% | $30.9m | 11,828 | -7% | reduced |
| 15 | OMC OMNICOM GROUP INC | Communication Services | 1.5% | $29.1m | 404,901 | -5% | reduced |
| 16 | ABEV AMBEV SA | Consumer Defensive | 1.5% | $28.5m | 11,829,282 | -5% | reduced |
| 17 | PAYX PAYCHEX INC | Technology | 1.5% | $28.1m | 193,251 | -5% | reduced |
| 18 | D DOMINION ENERGY INC | Utilities | 1.5% | $27.7m | 490,250 | 0% | held |
| 19 | VST VISTRA CORP | Utilities | 1.5% | $27.7m | 142,964 | -0% | held |
| 20 | NEE NEXTERA ENERGY INC | Utilities | 1.4% | $26.3m | 379,053 | 1% | added |
| 21 | PEP PEPSICO INC | Consumer Defensive | 1.3% | $25.5m | 193,153 | -5% | reduced |
| 22 | PBR PETROLEO BRASILEIRO SA PETRO | Energy | 1.3% | $24.5m | 1,959,567 | 7% | added |
| 23 | BRX BRIXMOR PPTY GROUP INC | Real Estate | 1.3% | $24.4m | 935,483 | -5% | reduced |
| 24 | INFY INFOSYS LTD | Technology | 1.3% | $24.3m | 1,310,605 | -5% | reduced |
| 25 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 1.2% | $22.9m | 125,859 | -6% | reduced |
| 26 | AMERICAN WTR CAP CORP | 1.1% | $21.6m | 21,500,000 | -2% | reduced | |
| 27 | BSAC BANCO SANTANDER CHILE NEW | Financial Services | 1.1% | $21.4m | 850,400 | 3% | added |
| 28 | CWEN CLEARWAY ENERGY INC | Utilities | 1.1% | $21.3m | 664,188 | 4% | added |
| 29 | PEG PUBLIC SVC ENTERPRISE GRP IN | Utilities | 1.1% | $21.0m | 249,362 | 21% | added |
| 30 | AKAM AKAMAI TECHNOLOGIES INC | 1.0% | $19.6m | 20,700,000 | -25% | reduced | |
| 31 | FRT FEDERAL RLTY INVT TR NEW | Real Estate | 1.0% | $18.9m | 198,585 | -5% | reduced |
| 32 | MRK MERCK & CO INC | Healthcare | 1.0% | $18.7m | 235,873 | -5% | reduced |
| 33 | CNP CENTERPOINT ENERGY INC | 0.9% | $17.3m | 16,000,000 | -6% | reduced | |
| 34 | UBER UBER TECHNOLOGIES INC | 0.9% | $16.8m | 11,800,000 | -22% | reduced | |
| 35 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.9% | $16.6m | 146,008 | -21% | reduced |
| 36 | LI LI AUTO INC | Consumer Cyclical | 0.8% | $14.8m | 546,130 | -21% | reduced |
| 37 | AVA AVISTA CORP | Utilities | 0.7% | $14.2m | 374,925 | 3% | added |
| 38 | JD.COM INC | 0.7% | $14.0m | 13,400,000 | – | new | |
| 39 | VIST VISTA ENERGY S.A.B. DE C.V. | Energy | 0.7% | $13.6m | 283,477 | 23% | added |
| 40 | TLN TALEN ENERGY CORP | Utilities | 0.7% | $13.4m | 45,918 | -7% | reduced |
| 41 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 0.7% | $13.0m | 2,273,491 | – | new |
| 42 | LOMA LOMA NEGRA C I A S A MTN 14 | 0.7% | $12.9m | 1,179,141 | -5% | reduced | |
| 43 | GGAL GRUPO FINANCIERO GALICIA S.A | Financial Services | 0.6% | $12.2m | 242,772 | 448% | added |
| 44 | EXPEDIA GROUP INC | 0.6% | $12.2m | 12,500,000 | 14% | added | |
| 45 | TEL TE CONNECTIVITY PLC | Technology | 0.6% | $12.2m | 72,066 | -37% | reduced |
| 46 | TECK TECK RESOURCES LTD | Basic Materials | 0.6% | $12.0m | 298,307 | -13% | reduced |
| 47 | PG&E CORP | 0.6% | $11.9m | 12,000,000 | 0% | held | |
| 48 | HUBB HUBBELL INC | Industrials | 0.6% | $11.8m | 28,846 | -33% | reduced |
| 49 | SOUTHERN CO | 0.6% | $11.1m | 10,000,000 | 0% | held | |
| 50 | SO SOUTHERN CO | Utilities | 0.6% | $11.0m | 120,024 | -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.