13F HOLDINGS REPORT
Carrhae Capital LLP
Quarter ended Q4 2024 · Filed February 11, 2025 · Accession 0001172661-25-000666
Total Value
$1.20B
Positions
25
Other Managers
0
Confidential Omitted
No
Holdings (25)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287234 | 4,403,300 | $184.1M | 15.40% |
| 2 | DBX ETF TR | 233051879 | 4,357,700 | $115.3M | 9.65% |
| 3 | EMBRAER S.A. | EMBJ | 2,670,740 | $98.0M | 8.19% |
| 4 | ELDORADO GOLD CORP NEW | 284902509 | 6,040,730 | $89.8M | 7.51% |
| 5 | ANGLOGOLD ASHANTI PLC | AU | 3,459,193 | $79.8M | 6.68% |
| 6 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 383,886 | $75.8M | 6.34% |
| 7 | NEW ORIENTAL ED & TECHNOLOGY | 647581206 | 1,042,689 | $66.9M | 5.60% |
| 8 | COPA HOLDINGS SA | CPA | 701,867 | $61.7M | 5.16% |
| 9 | ICICI BANK LIMITED | IBN | 1,751,047 | $52.3M | 4.37% |
| 10 | SEA LTD | SE | 474,672 | $50.4M | 4.21% |
| 11 | APPLE INC | AAPL | 197,500 | $49.5M | 4.14% |
| 12 | FOMENTO ECONOMICO MEXICANO S | 344419106 | 543,167 | $46.4M | 3.88% |
| 13 | KE HLDGS INC | BEKE | 1,745,724 | $32.2M | 2.69% |
| 14 | JD.COM INC | JDCMF | 827,951 | $28.7M | 2.40% |
| 15 | RENEW ENERGY GLOBAL PLC | RNWWW | 3,654,991 | $25.0M | 2.09% |
| 16 | FRANCO NEV CORP | FNV | 206,418 | $24.3M | 2.03% |
| 17 | MAKEMYTRIP LIMITED MAURITIUS | MMYT | 210,950 | $23.7M | 1.98% |
| 18 | YUM CHINA HLDGS INC | YUMC | 489,307 | $23.6M | 1.97% |
| 19 | TENARIS S A | 88031M109 | 437,806 | $16.5M | 1.38% |
| 20 | DBX ETF TR | 233051879 | 506,000 | $13.4M | 1.12% |
| 21 | CEMEX SAB DE CV | CXMSF | 2,215,050 | $12.5M | 1.05% |
| 22 | SPDR S&P 500 ETF TR | SPY | 20,931 | $12.3M | 1.03% |
| 23 | CREDICORP LTD | BAP | 40,669 | $7.5M | 0.62% |
| 24 | PDD HOLDINGS INC | PDD | 60,220 | $5.8M | 0.49% |
| 25 | RENEW ENERGY GLOBAL PLC | RNWWW | 64,966 | $10,589 | 0.00% |