13F HOLDINGS REPORT
RWC Asset Management LLP
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001398344-25-015198
Total Value
$1.90B
Positions
172
Other Managers
2
Confidential Omitted
No
Holdings (172)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | HP INC | HPQ | 5,755,619 | $140.8M | 7.42% |
| 2 | MACYS INC | 55616P104 | 10,646,837 | $124.1M | 6.54% |
| 3 | EXELON CORP | EXC | 1,797,195 | $78.0M | 4.11% |
| 4 | CISCO SYS INC | CSCO | 818,229 | $56.8M | 2.99% |
| 5 | CONSTELLATION ENERGY CORP | CEG | 164,130 | $53.0M | 2.79% |
| 6 | LEAR CORP | LEA | 549,148 | $52.2M | 2.75% |
| 7 | MOLSON COORS BEVERAGE CO | TAP-A | 1,047,174 | $50.4M | 2.65% |
| 8 | AMERICAN TOWER CORP NEW | 03027X100 | 222,969 | $49.3M | 2.60% |
| 9 | KEURIG DR PEPPER INC | KDP | 1,409,934 | $46.6M | 2.46% |
| 10 | JOHNSON & JOHNSON | JNJ | 296,185 | $45.2M | 2.38% |
| 11 | SYSCO CORP | SYY | 586,551 | $44.4M | 2.34% |
| 12 | CMS ENERGY CORP | CMS-PC | 485,833 | $33.7M | 1.77% |
| 13 | GOLD FIELDS LTD | GFIOF | 1,312,852 | $31.1M | 1.64% |
| 14 | MERCADOLIBRE INC | MELI | 11,828 | $30.9M | 1.63% |
| 15 | OMNICOM GROUP INC | OMC | 404,901 | $29.1M | 1.54% |
| 16 | AMBEV SA | ABEV | 11,829,282 | $28.5M | 1.50% |
| 17 | PAYCHEX INC | PAYX | 193,251 | $28.1M | 1.48% |
| 18 | PEPSICO INC | PEP | 193,153 | $25.5M | 1.34% |
| 19 | DOMINION ENERGY INC | D | 441,787 | $25.0M | 1.32% |
| 20 | PETROLEO BRASILEIRO SA PETRO | 71654V408 | 1,959,567 | $24.5M | 1.29% |
| 21 | BRIXMOR PPTY GROUP INC | 11120U105 | 935,483 | $24.4M | 1.28% |
| 22 | INFOSYS LTD | INFY | 1,310,605 | $24.3M | 1.28% |
| 23 | NEXTERA ENERGY INC | NEE-PW | 335,715 | $23.3M | 1.23% |
| 24 | PHILIP MORRIS INTL INC | 718172109 | 125,859 | $22.9M | 1.21% |
| 25 | AMERICAN WTR CAP CORP | 03040WBE4 | 21,500,000 | $21.6M | 1.14% |
| 26 | BANCO SANTANDER CHILE NEW | BSAC | 850,400 | $21.4M | 1.13% |
| 27 | CLEARWAY ENERGY INC | CWEN-A | 664,188 | $21.3M | 1.12% |
| 28 | PUBLIC SVC ENTERPRISE GRP IN | 744573106 | 249,362 | $21.0M | 1.11% |
| 29 | VISTRA CORP | VST | 104,699 | $20.3M | 1.07% |
| 30 | AKAMAI TECHNOLOGIES INC | AKAM | 20,700,000 | $19.6M | 1.04% |
| 31 | FEDERAL RLTY INVT TR NEW | 313745101 | 198,585 | $18.9M | 0.99% |
| 32 | MERCK & CO INC | MRK | 235,873 | $18.7M | 0.98% |
| 33 | CENTERPOINT ENERGY INC | CNP | 16,000,000 | $17.3M | 0.91% |
| 34 | UBER TECHNOLOGIES INC | UBER | 11,800,000 | $16.8M | 0.88% |
| 35 | ALIBABA GROUP HLDG LTD | BBAAY | 146,008 | $16.6M | 0.87% |
| 36 | LI AUTO INC | LAAOF | 546,130 | $14.8M | 0.78% |
| 37 | AVISTA CORP | AVA | 374,925 | $14.2M | 0.75% |
| 38 | JD.COM INC | JDCMF | 13,400,000 | $14.0M | 0.74% |
| 39 | VISTA ENERGY S.A.B. DE C.V. | VSOGF | 283,477 | $13.6M | 0.71% |
| 40 | TALEN ENERGY CORP | TLN | 45,918 | $13.4M | 0.70% |
| 41 | LOMA NEGRA C I A S A MTN 14 | 54150E104 | 1,179,141 | $12.9M | 0.68% |
| 42 | GRUPO FINANCIERO GALICIA S.A | GGAL | 242,772 | $12.2M | 0.64% |
| 43 | EXPEDIA GROUP INC | EXPE | 12,500,000 | $12.2M | 0.64% |
| 44 | TE CONNECTIVITY PLC | TEL | 72,066 | $12.2M | 0.64% |
| 45 | TECK RESOURCES LTD | TCKRF | 298,307 | $12.0M | 0.63% |
| 46 | PG&E CORP | PCG-PX | 12,000,000 | $11.9M | 0.63% |
| 47 | HUBBELL INC | HUBB | 28,846 | $11.8M | 0.62% |
| 48 | SOUTHERN CO | SOMN | 10,000,000 | $11.1M | 0.58% |
| 49 | SOUTHERN CO | SOMN | 120,024 | $11.0M | 0.58% |
| 50 | ALGONQUIN PWR UTILS CORP | 015857105 | 1,913,922 | $11.0M | 0.58% |
| 51 | FIRST SOLAR INC | FSLR | 65,483 | $10.8M | 0.57% |
| 52 | ORMAT TECHNOLOGIES INC | ORA | 125,038 | $10.5M | 0.55% |
| 53 | GLOBAL PMTS INC | 37940XAU6 | 11,000,000 | $9.8M | 0.52% |
| 54 | DTE ENERGY CO | DTK | 73,935 | $9.8M | 0.52% |
| 55 | WEC ENERGY GROUP INC | WEC | 8,000,000 | $9.2M | 0.49% |
| 56 | RIVIAN AUTOMOTIVE INC | RIVN | 9,000,000 | $9.2M | 0.48% |
| 57 | XCEL ENERGY INC | XELLL | 133,209 | $9.1M | 0.48% |
| 58 | DUKE ENERGY CORP NEW | DUKB | 8,500,000 | $9.0M | 0.47% |
| 59 | SOCIEDAD QUIMICA Y MINERA DE | 833635105 | 237,053 | $8.4M | 0.44% |
| 60 | LAUREATE EDUCATION INC | LAUR | 344,018 | $8.0M | 0.42% |
| 61 | COINBASE GLOBAL INC | COIN | 6,100,000 | $8.0M | 0.42% |
| 62 | GRUPO SUPERVIELLE S.A. | SUPV | 744,609 | $7.9M | 0.42% |
| 63 | TRIP COM GROUP LTD | TRPCF | 7,000,000 | $7.8M | 0.41% |
| 64 | SHIFT4 PMTS INC | 82452JAD1 | 7,000,000 | $7.5M | 0.40% |
| 65 | VISTRA CORP | VST | 38,265 | $7.4M | 0.39% |
| 66 | AMERICAN ELEC PWR CO INC | 025537101 | 70,680 | $7.3M | 0.39% |
| 67 | NEXTERA ENERGY CAP HLDGS INC | NEE-PW | 6,300,000 | $7.2M | 0.38% |
| 68 | WASTE MGMT INC DEL | 94106L109 | 29,721 | $6.8M | 0.36% |
| 69 | VENTAS RLTY LTD PARTNERSHIP | VTR | 5,500,000 | $6.5M | 0.34% |
| 70 | PINNACLE WEST CAP CORP | PNW | 6,000,000 | $6.5M | 0.34% |
| 71 | PPL CAP FDG INC | PPLC | 6,000,000 | $6.5M | 0.34% |
| 72 | EMBRAER S.A. | EMBJ | 107,975 | $6.1M | 0.32% |
| 73 | SHOPIFY INC | SHOP | 6,000,000 | $6.1M | 0.32% |
| 74 | CLOUDFLARE INC | NET | 5,100,000 | $6.0M | 0.32% |
| 75 | TELECOM ARGENTINA SA | TCMFF | 667,445 | $5.9M | 0.31% |
| 76 | UBER TECHNOLOGIES INC | UBER | 4,800,000 | $5.8M | 0.30% |
| 77 | DELTA AIR LINES INC DEL | DAL | 115,187 | $5.7M | 0.30% |
| 78 | SPOTIFY USA INC | 84921RAB6 | 3,500,000 | $5.3M | 0.28% |
| 79 | SYNCHRONY FINANCIAL | SYF-PB | 76,460 | $5.1M | 0.27% |
| 80 | COUPANG INC | CPNG | 162,051 | $4.9M | 0.26% |
| 81 | HF SINCLAIR CORP | DINO | 110,240 | $4.5M | 0.24% |
| 82 | SOUTHERN CO | SOMN | 4,000,000 | $4.4M | 0.23% |
| 83 | MERITAGE HOMES CORP | MTH | 4,500,000 | $4.4M | 0.23% |
| 84 | AMEREN CORP | AEE | 44,739 | $4.3M | 0.23% |
| 85 | FORD MTR CO | 345370CZ1 | 4,300,000 | $4.2M | 0.22% |
| 86 | DEXCOM INC | DXCM | 4,500,000 | $4.2M | 0.22% |
| 87 | ALLIANT ENERGY CORP | LNT | 69,562 | $4.2M | 0.22% |
| 88 | LUMENTUM HLDGS INC | LITE | 2,700,000 | $4.2M | 0.22% |
| 89 | ITRON INC | ITRI | 3,500,000 | $4.0M | 0.21% |
| 90 | PARSONS CORP DEL | PSN | 3,700,000 | $4.0M | 0.21% |
| 91 | AES CORP | AES | 368,665 | $3.9M | 0.20% |
| 92 | ON SEMICONDUCTOR CORP | ON | 3,200,000 | $3.8M | 0.20% |
| 93 | BENTLEY SYS INC | BSY | 4,000,000 | $3.8M | 0.20% |
| 94 | GRAN TIERRA ENERGY INC | GTE | 772,507 | $3.7M | 0.19% |
| 95 | YPF SOCIEDAD ANONIMA | YPF | 116,556 | $3.7M | 0.19% |
| 96 | HALOZYME THERAPEUTICS INC | HALO | 3,200,000 | $3.6M | 0.19% |
| 97 | AMERICAN ELEC PWR CO INC | 025537101 | 34,023 | $3.5M | 0.19% |
| 98 | ALNYLAM PHARMACEUTICALS INC | ALNY | 2,700,000 | $3.5M | 0.18% |
| 99 | UGI CORP NEW | 902681AB1 | 2,500,000 | $3.5M | 0.18% |
| 100 | AMERICAN WTR WKS CO INC NEW | 030420103 | 23,758 | $3.3M | 0.17% |
| 101 | IONIS PHARMACEUTICALS INC | IONS | 3,000,000 | $3.2M | 0.17% |
| 102 | DROPBOX INC | DBX | 3,100,000 | $3.1M | 0.16% |
| 103 | FLUOR CORP | FLR | 2,300,000 | $3.0M | 0.16% |
| 104 | NEXTERA ENERGY INC | NEE-PW | 43,338 | $3.0M | 0.16% |
| 105 | BRIDGEBIO PHARMA INC | BBIO | 2,400,000 | $3.0M | 0.16% |
| 106 | JACKSON FINANCIAL INC | JXN-PA | 33,622 | $3.0M | 0.16% |
| 107 | VISHAY INTERTECHNOLOGY INC | VSH | 3,300,000 | $3.0M | 0.16% |
| 108 | AMERICAN AIRLINES GROUP INC | AAL | 2,900,000 | $2.9M | 0.15% |
| 109 | DOMINION ENERGY INC | D | 48,463 | $2.7M | 0.14% |
| 110 | LIBERTY MEDIA CORP DEL | FWONB | 2,500,000 | $2.6M | 0.14% |
| 111 | MKS INC. | MKSI | 3,300,000 | $2.6M | 0.13% |
| 112 | WORKIVA INC | WK | 2,700,000 | $2.5M | 0.13% |
| 113 | INTERPUBLIC GROUP COS INC | INTR | 101,878 | $2.5M | 0.13% |
| 114 | WASTE MGMT INC DEL | 94106L109 | 10,852 | $2.5M | 0.13% |
| 115 | EXELON CORP | EXC | 56,926 | $2.5M | 0.13% |
| 116 | MICROCHIP TECHNOLOGY INC. | MCHPP | 2,500,000 | $2.5M | 0.13% |
| 117 | CYTOKINETICS INC | CYTK | 2,200,000 | $2.3M | 0.12% |
| 118 | GUARDANT HEALTH INC | GH | 2,000,000 | $2.3M | 0.12% |
| 119 | REPLIGEN CORP | RGEN | 2,300,000 | $2.3M | 0.12% |
| 120 | ESSENTIAL UTILS INC | 29670G102 | 58,349 | $2.2M | 0.11% |
| 121 | LI AUTO INC | LAAOF | 1,800,000 | $2.2M | 0.11% |
| 122 | ALGONQUIN PWR UTILS CORP | 015857105 | 359,569 | $2.1M | 0.11% |
| 123 | LANTHEUS HLDGS INC | LNTH | 1,600,000 | $2.0M | 0.11% |
| 124 | ALARM COM HLDGS INC | ALRM | 2,000,000 | $1.9M | 0.10% |
| 125 | AMEREN CORP | AEE | 20,040 | $1.9M | 0.10% |
| 126 | TETRA TECH INC NEW | TTEK | 1,700,000 | $1.9M | 0.10% |
| 127 | WAYFAIR INC | W | 1,400,000 | $1.9M | 0.10% |
| 128 | ASCENDIS PHARMA A/S | ASND | 1,500,000 | $1.9M | 0.10% |
| 129 | ENOVIS CORPORATION | ENOV | 1,800,000 | $1.8M | 0.09% |
| 130 | IRHYTHM TECHNOLOGIES INC | IRTC | 1,800,000 | $1.8M | 0.09% |
| 131 | PROGRESS SOFTWARE CORP | 743312AD2 | 1,500,000 | $1.7M | 0.09% |
| 132 | LIBERTY MEDIA CORP DEL | FWONB | 1,200,000 | $1.6M | 0.08% |
| 133 | MIDDLEBY CORP | MIDD | 1,400,000 | $1.6M | 0.08% |
| 134 | NORTHERN OIL & GAS INC | NOG | 1,500,000 | $1.6M | 0.08% |
| 135 | CORPORACION AMER ARPTS S A | L1995B107 | 75,387 | $1.5M | 0.08% |
| 136 | LYFT INC | LYFT | 1,400,000 | $1.5M | 0.08% |
| 137 | KOSMOS ENERGY LTD | KOS | 857,485 | $1.5M | 0.08% |
| 138 | ADVANCED ENERGY INDS | 007973AE0 | 1,200,000 | $1.4M | 0.08% |
| 139 | VERIZON COMMUNICATIONS INC | VZ | 31,612 | $1.4M | 0.07% |
| 140 | XYLEM INC | XYL | 6,444 | $833,596 | 0.04% |
| 141 | ITRON INC | ITRI | 6,247 | $822,293 | 0.04% |
| 142 | TRIMBLE INC | TRMB | 9,439 | $717,175 | 0.04% |
| 143 | NETEASE INC | NETTF | 4,890 | $658,096 | 0.03% |
| 144 | COMPANHIA DE SANEAMENTO BASI | SBS | 27,437 | $602,791 | 0.03% |
| 145 | AECOM | ACM | 5,334 | $601,995 | 0.03% |
| 146 | REPUBLIC SVCS INC | 760759100 | 2,407 | $593,590 | 0.03% |
| 147 | QIFU TECHNOLOGY INC | QFNHF | 13,454 | $583,365 | 0.03% |
| 148 | WATTS WATER TECHNOLOGIES INC | WTS | 2,174 | $534,565 | 0.03% |
| 149 | BALL CORP | BALL | 9,409 | $527,751 | 0.03% |
| 150 | MUELLER WTR PRODS INC | 624758108 | 21,921 | $526,981 | 0.03% |
| 151 | CLEAN HARBORS INC | CLH | 2,154 | $497,962 | 0.03% |
| 152 | ECOLAB INC | ECL | 1,804 | $486,070 | 0.03% |
| 153 | SOLENO THERAPEUTICS INC | SLNO | 5,157 | $432,053 | 0.02% |
| 154 | TETRA TECH INC NEW | TTEK | 11,931 | $429,039 | 0.02% |
| 155 | ELI LILLY & CO | LLY | 542 | $422,505 | 0.02% |
| 156 | GUARDANT HEALTH INC | GH | 7,819 | $406,901 | 0.02% |
| 157 | DEERE & CO | DE | 758 | $385,435 | 0.02% |
| 158 | COPART INC | CPRT | 7,386 | $362,431 | 0.02% |
| 159 | ADVANCED DRAIN SYS INC DEL | 00790R104 | 3,149 | $361,694 | 0.02% |
| 160 | VALMONT INDS INC | 920253101 | 1,054 | $344,205 | 0.02% |
| 161 | KADANT INC | KAI | 986 | $313,006 | 0.02% |
| 162 | INSMED INC | INSM | 3,052 | $307,153 | 0.02% |
| 163 | BOSTON SCIENTIFIC CORP | BSX | 2,779 | $298,492 | 0.02% |
| 164 | CHAGEE HLDGS LTD | CHA | 11,367 | $296,792 | 0.02% |
| 165 | PLANET LABS PBC | PL-WT | 47,848 | $291,873 | 0.02% |
| 166 | STANTEC INC | STN | 2,609 | $283,309 | 0.01% |
| 167 | ABBVIE INC | ABBV | 1,522 | $282,514 | 0.01% |
| 168 | SUNOPTA INC | STKL | 45,923 | $266,353 | 0.01% |
| 169 | ABBOTT LABS | ABLZF | 1,731 | $235,433 | 0.01% |
| 170 | BADGER METER INC | BMI | 884 | $216,536 | 0.01% |
| 171 | DEXCOM INC | DXCM | 2,347 | $204,870 | 0.01% |
| 172 | NIO INC | NIOIF | 31,830 | $109,177 | 0.01% |