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
-10.08%
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
$290M
AUM Growth
-$164M
Cap. Flow
-$152M
Cap. Flow %
-52.37%
Top 10 Hldgs %
99.77%
Holding
21
New
5
Increased
3
Reduced
3
Closed
10

Top Buys

Rank Stock Value
1
GDS icon
GDS Holdings
GDS
+$20.6M
2
VEON icon
VEON
VEON
+$18.1M
3
RNW icon
ReNew
RNW
+$16.9M
4
EGO icon
Eldorado Gold
EGO
+$14.1M
5
MMYT icon
MakeMyTrip
MMYT
+$11.5M

Top Sells

Rank Stock Value
1
MELI icon
Mercado Libre
MELI
+$28.5M
2
PAGS icon
PagSeguro Digital
PAGS
+$28M
3
BUD icon
AB InBev
BUD
+$21.3M
4
TCOM icon
Trip.com Group
TCOM
+$20.9M
5
RMGBU
RMG Acquisition Corp. II Unit
RMGBU
+$17M

Sector Composition

Rank Sector Weight
1 Communication Services 9.78%
2 Materials 8.4%
3 Consumer Discretionary 7.79%
4 Technology 6.53%
5 Utilities 5.97%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPY icon
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$783B
$171M 59.11%
399,000
-147,000
-27% -$64.8M
EGO icon
2
Eldorado Gold
EGO
$8.4B
$24.3M 8.4%
3,149,260
+1,596,608
+103% +$14.1M
VEON icon
3
VEON
VEON
$3.57B
$19.5M 6.74%
+375,452
New +$18.1M
GDS icon
4
GDS Holdings
GDS
$6.14B
$18.9M 6.53%
+334,228
New +$20.6M
RNW icon
5
ReNew
RNW
$2.22B
$17.3M 5.97%
+1,694,900
New +$16.9M
MMYT icon
6
MakeMyTrip
MMYT
$5.1B
$11.5M 3.98%
+423,895
New +$11.5M
BIDU icon
7
Baidu
BIDU
$35.7B
$8.8M 3.04%
57,234
+33,982
+146% +$5.58M
IBN icon
8
ICICI Bank
IBN
$109B
$6.36M 2.2%
337,129
+172,676
+105% +$3.24M
JD icon
9
JD.com
JD
$42.9B
$5.64M 1.95%
78,039
-230,270
-75% -$17M
BABA icon
10
Alibaba
BABA
$276B
$5.41M 1.87%
36,520
-88,316
-71% -$16.1M
RNW icon
11
CALL
ReNew
RNW
$2.22B
$663K 0.23%
+64,965
New +$650K
BUD icon
12
AB InBev
BUD
$161B
– –
-295,454
Closed -$21.3M
MELI icon
13
Mercado Libre
MELI
$94.4B
– –
-18,288
Closed -$28.5M
PAGS icon
14
PagSeguro Digital
PAGS
$2.69B
– –
-500,041
Closed -$28M
SAND
15
DELISTED
Sandstorm Gold
SAND
– –
-927,492
Closed -$7.32M
TCOM icon
16
Trip.com Group
TCOM
$28.5B
– –
-590,115
Closed -$20.9M
VALE icon
17
Vale
VALE
$62.6B
– –
-103,883
Closed -$2.37M
YMM icon
18
Full Truck Alliance
YMM
$9.64B
– –
-256,525
Closed -$5.23M
NBIS
19
Nebius Group N.V.
NBIS
$43.1B
– –
-182,484
Closed -$12.9M
ITQRU
20
DELISTED
Itiquira Acquisition Corp. Unit
ITQRU
– –
-93,110
Closed -$932K
RMGBU
21
DELISTED
RMG Acquisition Corp. II Unit
RMGBU
– –
-1,694,900
Closed -$17M

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 Q3 2021 Portfolio in Review

As of Q3 2021, Carrhae Capital held 21 positions worth $290M, down 36% from $454M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Carrhae Capital withdrew a net $152M in Q3 2021, closing 10 positions and reducing 3 holdings. Its most notable exit was Mercado Libre, an estimated $28.5M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 9.8% of assets, up from 3.9% a quarter earlier, followed by Materials and Consumer Discretionary.

Against the trend, Carrhae Capital opened a new position in GDS Holdings worth $18.9M.

  • Carrhae Capital's largest Q3 2021 buy was GDS Holdings: 334,228 shares worth $18.9M.
  • Carrhae Capital added most to Eldorado Gold in Q3 2021, an estimated $14.1M increase.
  • Carrhae Capital's biggest Q3 2021 reduction was JD.com, cutting an estimated $17M.
  • Carrhae Capital fully exited Mercado Libre in Q3 2021, selling an estimated $28.5M.
  • Carrhae Capital's ten largest holdings make up 100% of its $290M portfolio in Q3 2021.
  • Carrhae Capital opened 5 new positions and closed 10 in Q3 2021.
  • Carrhae Capital's portfolio value fell 36% quarter-over-quarter to $290M.

Based on Carrhae Capital's 13F filing for Q3 2021, filed 27 Nov 2024.