We are live on ! Find out more
CC

Carrhae Capital Portfolio holdings

AUM $3.62B
1-Year Est. Return 34.35%
This Fund
S&P 500
This Quarter Est. Return
+14.21%
1 Year Est. Return
+34.35%
3 Year Est. Return
+159.37%
5 Year Est. Return
+138.22%
10 Year Est. Return
+750.7%
AUM
$1.37B
AUM Growth
+$171M
Cap. Flow
+$84.3M
Cap. Flow %
6.17%
Top 10 Hldgs %
76.95%
Holding
35
New
10
Increased
10
Reduced
2
Closed
11

Top Buys

Rank Stock Value
1
BABA icon
Alibaba
BABA
+$64.5M
2
PBR icon
Petrobras
PBR
+$62.3M
3
TECK icon
Teck Resources
TECK
+$52.9M
4
HDB icon
HDFC Bank
HDB
+$36.3M
5
BAP icon
Credicorp
BAP
+$29.4M

Top Sells

Rank Stock Value
1
EMBJ
Embraer S.A. ADS
EMBJ
+$98M
2
TSM icon
TSMC
TSM
+$75.8M
3
EDU icon
New Oriental
EDU
+$66.9M
4
AU icon
AngloGold Ashanti
AU
+$65.1M
5
FMX icon
Fomento Económico Mexicano
FMX
+$46.4M

Sector Composition

Rank Sector Weight
1 Materials 19.24%
2 Consumer Discretionary 15.23%
3 Financials 11.56%
4 Industrials 5.26%
5 Energy 4.74%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BEKE icon
26
KE Holdings
BEKE
$17.7B
– –
-1,745,724
Closed -$32.2M
CX icon
27
Cemex
CX
$17.3B
– –
-2,215,050
Closed -$12.5M
EDU icon
28
New Oriental
EDU
$8.08B
– –
-1,042,689
Closed -$66.9M
EMBJ
29
Embraer S.A. ADS
EMBJ
$12.3B
– –
-2,670,740
Closed -$98M
FMX icon
30
Fomento Económico Mexicano
FMX
$43.5B
– –
-543,167
Closed -$46.4M
JD icon
31
JD.com
JD
$42.9B
– –
-827,951
Closed -$28.7M
SPY icon
32
State Street SPDR S&P 500 ETF Trust
SPY
$783B
– –
-20,931
Closed -$12.3M
TS icon
33
Tenaris
TS
$28.1B
– –
-437,806
Closed -$16.5M
TSM icon
34
TSMC
TSM
$2.03T
– –
-383,886
Closed -$75.8M
YUMC icon
35
Yum China
YUMC
$15.6B
– –
-489,307
Closed -$23.6M
1
2

Similar funds

SCM
Saba Capital Management New York $3.62B AUM 13% 1-Year Est. Return
ACM
Advent Capital Management New York $3.63B AUM 0.29% 1-Year Est. Return
GCM
Ghisallo Capital Management Boston, Massachusetts $3.63B AUM 30.51% 1-Year Est. Return
VI
Vestcor Inc Fredericton, New Brunswick, Canada $3.63B AUM 21.49% 1-Year Est. Return
JFG
JMG Financial Group Downers Grove, Illinois $3.63B AUM 17.91% 1-Year Est. Return
SL
Siren LLC Greenwich, Connecticut $3.61B AUM 203.3% 1-Year Est. Return
U
Uber San Francisco, California $3.6B AUM 19.81% 1-Year Est. Return
SPC
Sigma Planning Corp Ann Arbor, Michigan $3.6B AUM 24.57% 1-Year Est. Return

Carrhae Capital's Q1 2025 Portfolio in Review

As of Q1 2025, Carrhae Capital held 35 positions worth $1.37B, up 14% from $1.2B the previous quarter. Its ten largest holdings account for 77% of the portfolio.

Carrhae Capital deployed $84.3M of net new capital in Q1 2025, opening 10 new positions and adding to 10 existing holdings. Its largest new stake was Alibaba: 558,973 shares worth $73.9M.

By sector, the portfolio is most concentrated in Materials at 19% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Financials.

On the sell side, the largest reduction was AngloGold Ashanti, an estimated $65.1M trimmed.

  • Carrhae Capital's largest Q1 2025 buy was Alibaba: 558,973 shares worth $73.9M.
  • Carrhae Capital added most to Credicorp in Q1 2025, an estimated $29.4M increase.
  • Carrhae Capital's biggest Q1 2025 reduction was AngloGold Ashanti, cutting an estimated $65.1M.
  • Carrhae Capital fully exited Embraer S.A. ADS in Q1 2025, selling an estimated $98M.
  • Carrhae Capital's ten largest holdings make up 77% of its $1.37B portfolio in Q1 2025.
  • Carrhae Capital opened 10 new positions and closed 11 in Q1 2025.
  • Carrhae Capital's portfolio value rose 14% quarter-over-quarter to $1.37B.

Based on Carrhae Capital's 13F filing for Q1 2025, filed 2 May 2025.