RWC Asset Management LLP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
RWC Asset Management LLP disclosed 180 US equity positions worth $2.1bn in its Q3 2025 13F filing. The largest position was M at 9.5% of the reported book, followed by HPQ and EXC. Against the Q2 2025 filing, it opened 2 new positions, added to 26 and reduced 20 among the top 50 holdings.
What did RWC Asset Management LLP own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | M MACYS INC | Consumer Cyclical | 9.5% | $195.5m | 10,902,310 | 2% | added |
| 2 | HPQ HP INC | Technology | 7.7% | $159.9m | 5,871,898 | 2% | added |
| 3 | EXC EXELON CORP | Utilities | 4.3% | $88.5m | 1,966,320 | 6% | added |
| 4 | LEA LEAR CORP | Consumer Cyclical | 2.8% | $57.4m | 570,048 | 4% | added |
| 5 | CSCO CISCO SYS INC | Technology | 2.5% | $52.1m | 762,125 | -7% | reduced |
| 6 | JNJ JOHNSON & JOHNSON | Healthcare | 2.5% | $51.1m | 275,592 | -7% | reduced |
| 7 | TAP MOLSON COORS BEVERAGE CO | Consumer Defensive | 2.4% | $48.7m | 1,075,703 | 3% | added |
| 8 | GFI GOLD FIELDS LTD | Basic Materials | 2.3% | $48.3m | 1,152,172 | -12% | reduced |
| 9 | SQM SOCIEDAD QUIMICA Y MINERA DE | Basic Materials | 2.3% | $47.9m | 1,113,807 | 370% | added |
| 10 | SYY SYSCO CORP | Consumer Defensive | 2.2% | $44.9m | 545,201 | -7% | reduced |
| 11 | CEG CONSTELLATION ENERGY CORP | Utilities | 2.0% | $41.9m | 127,338 | -22% | reduced |
| 12 | AMT AMERICAN TOWER CORP NEW | Real Estate | 1.9% | $39.9m | 207,454 | -7% | reduced |
| 13 | NEE NEXTERA ENERGY INC | Utilities | 1.8% | $36.4m | 481,798 | 27% | added |
| 14 | D DOMINION ENERGY INC | Utilities | 1.7% | $34.5m | 563,459 | 15% | added |
| 15 | KDP KEURIG DR PEPPER INC | Consumer Defensive | 1.6% | $33.5m | 1,311,735 | -7% | reduced |
| 16 | CMS CMS ENERGY CORP | Utilities | 1.6% | $33.0m | 450,423 | -7% | reduced |
| 17 | OMC OMNICOM GROUP INC | Communication Services | 1.5% | $30.7m | 376,607 | -7% | reduced |
| 18 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 1.3% | $26.7m | 149,596 | 2% | added |
| 19 | PEP PEPSICO INC | Consumer Defensive | 1.2% | $25.2m | 179,770 | -7% | reduced |
| 20 | ABEV AMBEV SA | Consumer Defensive | 1.2% | $24.5m | 10,968,634 | -7% | reduced |
| 21 | MELI MERCADOLIBRE INC | Consumer Cyclical | 1.2% | $24.5m | 10,463 | -12% | reduced |
| 22 | PEG PUBLIC SVC ENTERPRISE GRP IN | Utilities | 1.2% | $24.2m | 289,933 | 16% | added |
| 23 | BRX BRIXMOR PPTY GROUP INC | Real Estate | 1.2% | $24.1m | 871,560 | -7% | reduced |
| 24 | PAYX PAYCHEX INC | Technology | 1.1% | $22.8m | 179,863 | -7% | reduced |
| 25 | GGAL GRUPO FINANCIERO GALICIA S.A | Financial Services | 1.1% | $22.8m | 826,175 | 240% | added |
| 26 | BSAC BANCO SANTANDER CHILE NEW | Financial Services | 1.1% | $22.5m | 850,868 | 0% | held |
| 27 | VALE VALE S A | Basic Materials | 1.0% | $21.2m | 1,951,385 | – | new |
| 28 | CWEN CLEARWAY ENERGY INC | Utilities | 1.0% | $21.1m | 745,537 | 12% | added |
| 29 | NIO NIO INC | Consumer Cyclical | 1.0% | $20.8m | 2,733,551 | 8488% | added |
| 30 | VST VISTRA CORP | Utilities | 0.9% | $19.3m | 98,343 | -31% | reduced |
| 31 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 0.9% | $18.9m | 116,687 | -7% | reduced |
| 32 | FRT FEDERAL RLTY INVT TR NEW | Real Estate | 0.9% | $18.7m | 185,015 | -7% | reduced |
| 33 | MRK MERCK & CO INC | Healthcare | 0.9% | $18.4m | 219,482 | -7% | reduced |
| 34 | AKAM AKAMAI TECHNOLOGIES INC | 0.8% | $17.3m | 18,364,000 | -11% | reduced | |
| 35 | BZ KANZHUN LIMITED | Communication Services | 0.8% | $16.6m | 710,303 | – | new |
| 36 | AQN ALGONQUIN PWR UTILS CORP | Utilities | 0.8% | $16.4m | 3,045,320 | 34% | added |
| 37 | SOUTHERN CO | 0.8% | $16.2m | 14,545,000 | 264% | added | |
| 38 | AVA AVISTA CORP | Utilities | 0.8% | $16.1m | 425,746 | 14% | added |
| 39 | XEL XCEL ENERGY INC | Utilities | 0.8% | $15.9m | 197,225 | 48% | added |
| 40 | TECK TECK RESOURCES LTD | Basic Materials | 0.7% | $15.0m | 341,878 | 15% | added |
| 41 | TEL TE CONNECTIVITY PLC | Technology | 0.7% | $14.6m | 66,310 | -8% | reduced |
| 42 | JD.COM INC | 0.7% | $14.5m | 13,490,000 | 1% | added | |
| 43 | FSLR FIRST SOLAR INC | Technology | 0.7% | $14.4m | 65,415 | -0% | held |
| 44 | VIST VISTA ENERGY S.A.B. DE C.V. | Energy | 0.7% | $13.7m | 398,909 | 41% | added |
| 45 | HUBB HUBBELL INC | Industrials | 0.6% | $13.2m | 30,756 | 7% | added |
| 46 | COINBASE GLOBAL INC | 0.6% | $13.1m | 10,521,000 | 72% | added | |
| 47 | ORA ORMAT TECHNOLOGIES INC | Utilities | 0.6% | $13.1m | 136,101 | 9% | added |
| 48 | WEC ENERGY GROUP INC | 0.6% | $12.9m | 10,500,000 | 31% | added | |
| 49 | EXPEDIA GROUP INC | 0.6% | $12.8m | 12,655,000 | 1% | added | |
| 50 | EMBJ EMBRAER S.A. | Industrials | 0.6% | $12.6m | 208,412 | 93% | added |
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.