Institutional Manager · CIK 0001638081
RWC ASSET ADVISORS (US) LLC
MIAMI, FL · File #028-19400
Latest AUM
$527.9M
Positions
13
Top-10 Concentration
99.0%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | NIO INC | 62914V106 | -10,467,320 | -$79.8M | $0 |
| REDUCE | GRUPO FINANCIERO GALICIA S.A | GGAL | -975,689 | -$52.6M | +$40.6M |
| EXITED | LI AUTO INC | 50202M102 | -1,638,544 | -$41.5M | $0 |
| ADD | EMBRAER S.A. | EMBJ | +465,715 | +$30.0M | +$3.0M |
| EXITED | PETROLEO BRASILEIRO SA PETRO | 71654V408 | -1,518,583 | -$19.2M | $0 |
| ADD | MERCADOLIBRE INC | MELI | +9,377 | +$18.9M | -$4.9M |
| REDUCE | KANZHUN LIMITED | BZ | -834,689 | -$17.0M | -$7.0M |
| EXITED | COUPANG INC | 22266T109 | -526,455 | -$17.0M | $0 |
| ADD | SOCIEDAD QUIMICA Y MINERA DE | 833635105 | +230,132 | +$15.8M | +$31.8M |
| ADD | GOLD FIELDS LTD | GFIOF | +241,145 | +$10.5M | +$2.5M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202513 pos · $527.9M
- 13F HOLDINGS REPORTQ/E Sep 202517 pos · $610.9M
- 13F HOLDINGS REPORTQ/E Jun 202516 pos · $414.6M
- 13F HOLDINGS REPORTQ/E Mar 202519 pos · $549.0M
- 13F HOLDINGS REPORTQ/E Dec 202415 pos · $501.3M
- 13F HOLDINGS REPORTQ/E Sep 202419 pos · $836.9M
- 13F HOLDINGS REPORTQ/E Jun 202418 pos · $980.4M
- 13F HOLDINGS REPORTQ/E Mar 202422 pos · $1.27B
- 13F HOLDINGS REPORTQ/E Dec 202319 pos · $1.04B
Top 13 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | SOCIEDAD QUIMICA Y MINERA DE | 833635105 | 1,462,794 | $100.6M | 19.07% |
| 2 | VALE S A | VALE | 6,523,762 | $85.0M | 16.10% |
| 3 | EMBRAER S.A. | EMBJ | 1,239,061 | $79.8M | 15.11% |
| 4 | GOLD FIELDS LTD | GFIOF | 1,730,879 | $75.6M | 14.32% |
| 5 | ALIBABA GROUP HLDG LTD | BBAAY | 450,350 | $66.0M | 12.51% |
| 6 | MERCADOLIBRE INC | MELI | 24,608 | $49.6M | 9.39% |
| 7 | KANZHUN LIMITED | BZ | 1,509,151 | $30.8M | 5.83% |
| 8 | GRUPO FINANCIERO GALICIA S.A | GGAL | 564,498 | $30.4M | 5.77% |
| 9 | PDD HOLDINGS INC | PDD | 24,040 | $2.7M | 0.52% |
| 10 | CORPORACION AMER ARPTS S A | L1995B107 | 82,327 | $2.1M | 0.41% |
| 11 | GRUPO AEROMEXICO SAB DE CV | 40054J109 | 92,412 | $2.0M | 0.38% |
| 12 | LOMA NEGRA C I A S A MTN 14 | 54150E104 | 144,315 | $1.9M | 0.35% |
| 13 | SOUTHERN COPPER CORP | SCCO | 9,348 | $1.3M | 0.25% |