Institutional Manager · CIK 0001992110
Ramirez Asset Management, Inc.
NEW YORK, NY · File #028-23458
Latest AUM
$758.2M
Positions
384
Top-10 Concentration
36.8%
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 |
|---|---|---|---|---|---|
| REDUCE | ALIBABA GROUP HOLDING LTD ADR | BBAAY | -45,683 | -$6.7M | -$1.5M |
| REDUCE | MICRON TECHNOLOGY INC | MU | -20,573 | -$5.9M | +$2.5M |
| NEW | LONDON STK EXCHANGE GROUP SPON | 54211Y107 | +184,397 | +$5.6M | $0 |
| EXITED | LONDON STOCK EXCHANGE GROUP AD | 54211N101 | -185,003 | -$5.3M | $0 |
| REDUCE | BANCO BILBAO VIZCAYA ARGENTARI | BBVXF | -193,650 | -$4.5M | +$799,751 |
| NEW | SEA LTD ADS | SE | +27,904 | +$3.6M | $0 |
| NEW | POSCO ADR | PKX | +59,024 | +$3.1M | $0 |
| NEW | XIAOMI CORP ADR | 98421U108 | +122,705 | +$3.1M | $0 |
| NEW | ASHTEAD GROUP PLC SPONRD ADS | 045055209 | +38,050 | +$2.7M | $0 |
| ADD | ISHARES MSCI ACWI EX US ETF | 464288240 | +39,464 | +$2.6M | +$2,448 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025384 pos · $758.2M
- 13F HOLDINGS REPORTQ/E Sep 2025357 pos · $720.1M
- 13F HOLDINGS REPORTQ/E Jun 2025344 pos · $661.2M
- 13F HOLDINGS REPORTQ/E Mar 2025378 pos · $480.7M
- 13F HOLDINGS REPORTQ/E Dec 2024384 pos · $495.6M
- 13F HOLDINGS REPORTQ/E Sep 2024391 pos · $521.2M
- 13F HOLDINGS REPORTQ/E Jun 2024394 pos · $491.3M
- 13F HOLDINGS REPORTQ/E Mar 2024389 pos · $495.8M
- 13F HOLDINGS REPORTQ/E Dec 2023381 pos · $464.9M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG ADR | 874039100 | 133,107 | $40.5M | 8.66% |
| 2 | KB Financial Group Inc ADR | 48241A105 | 219,902 | $18.9M | 4.05% |
| 3 | JBS N.V. COM SHS CL A | JBS | 1,292,547 | $18.6M | 3.99% |
| 4 | ITAU UNIBANCO HLDG PREF ADR | 465562106 | 2,223,601 | $15.9M | 3.41% |
| 5 | Engie SA ADR | 29286D105 | 539,261 | $14.2M | 3.04% |
| 6 | Sumitomo Mitsui Finl Group ADR | 86562M209 | 710,653 | $13.7M | 2.94% |
| 7 | Grupo Financiero Banorte S A B | 40052P107 | 286,548 | $13.3M | 2.85% |
| 8 | COCA COLA FEMSA SAB DE CV ADR | COCSF | 136,301 | $12.9M | 2.76% |
| 9 | Marubeni Corp ADR | 573810207 | 43,431 | $12.1M | 2.58% |
| 10 | SHINHAN FINANCIAL GROUP ADR | SHG | 222,752 | $11.9M | 2.56% |
| 11 | CEMEX SA ADR | CXMSF | 1,016,705 | $11.7M | 2.50% |
| 12 | PT TELEKOM INDONESIA ADR | 715684106 | 545,405 | $11.5M | 2.46% |
| 13 | Cameco Corp | CCJ | 123,674 | $11.3M | 2.42% |
| 14 | TENCENT HLDGS LTD ADR | XHLD | 143,368 | $11.0M | 2.36% |
| 15 | RHEINMETALL AG ADR | RH | 26,196 | $9.6M | 2.06% |
| 16 | STANDARD CHARTERED PLC ADS | 853254100 | 188,343 | $9.2M | 1.98% |
| 17 | Nvidia Corporation | NVDA | 49,294 | $9.2M | 1.97% |
| 18 | DEUTSCHE TELEKOM AG ADR | DTEGF | 261,346 | $8.5M | 1.82% |
| 19 | AXA ADR | AXTA | 175,959 | $8.5M | 1.81% |
| 20 | EMBRAER SA ADR | EMBJ | 128,129 | $8.2M | 1.77% |