Carrhae Capital Llp Portfolio Stock Holdings

Carrhae Capital Llp disclosed 21 stock positions valued at approximately $1.4 billion in its latest SEC 13F filing. The largest holdings include TAIWAN SEMICONDUCTOR MANUFAC, EMBRAER S.A., and ITAU UNIBANCO HLDG S A. The filing reflects positions held as of March 31, 2026 and was filed on May 14, 2026.

Report Period
March 31, 2026
No. of Stocks
21
Portfolio Value
$1.4B
Holdings by Sector
Carrhae Capital Llp Portfolio Holdings in Q1 2026

20 holdings in the latest reporting period.

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CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
TAIWAN SEMICONDUCTOR MANUFACTSMTechnology13.33%558,880-29,579-5.03%$188,873,496
EMBRAER S.A.ERJIndustrials12.10%2,888,680+1,741,411+151.79%$171,414,271
ITAU UNIBANCO HLDG S AITUBFinancial Services12.09%20,443,133+20,443,133+100.00%$171,313,455
ELDORADO GOLD CORP NEWEGOBasic Materials11.86%4,897,751+887,537+22.13%$168,139,792
ALIBABA GROUP HLDG LTDBABAConsumer Cyclical11.81%1,334,070+1,025,431+332.24%$167,372,422
ICICI BANK LIMITEDIBNFinancial Services9.21%5,039,743+3,046,977+152.90%$130,529,344
GDS HLDGS LTDGDSTechnology6.21%2,184,662+17,463+0.81%$88,020,032
COPA HOLDINGS SAP31076105Other4.15%518,114+393,397+315.43%$58,862,932
PDD HOLDINGS INCPDDConsumer Cyclical3.72%515,274+292,620+131.42%$52,650,697
JBS N.V.N4732M103Other3.23%2,546,345-1,102,881-30.22%$45,732,356
HESAI GROUPHSAIConsumer Cyclical2.12%1,568,343+1,568,343+100.00%$29,986,718
SLB LIMITEDSLBEnergy2.02%556,816+556,816+100.00%$28,614,774
ANGLOGOLD ASHANTI PLCAUOther1.74%252,966+154,683+157.39%$24,628,770
HALLIBURTON COHALEnergy1.64%597,721+597,721+100.00%$23,305,142
TENARIS S ATSEnergy1.39%337,428+337,428+100.00%$19,631,561
VNET GROUP INCVNETTechnology0.90%1,513,055+1,513,055+100.00%$12,694,531
ARCELORMITTAL SA LUXEMBOURGMTBasic Materials0.72%196,677+196,677+100.00%$10,223,270
NETEASE COM INCNTESCommunication Services0.55%69,167+69,167+100.00%$7,742,554
VISTA ENERGY S.A.B. DE C.V.VISTEnergy0.42%79,692-750,520-90.40%$6,014,355
MAKEMYTRIP LIMITED MAURITIUSMMYTOther0.40%150,562-600,380-79.95%$5,614,457
Carrhae Capital Llp Options Holdings in Q1 2026

8 options positions in the latest reporting period.

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QuarterSymbolCompanyOptionContractsNotional Value
Q1 2026QQQInvesco QQQ Trust, Series 1PUT2,477,800$1,430,136,604
Q1 2026SLViShares Silver TrustCALL2,627,200$179,017,408
Q1 2026USOUnited States Oil FundPUT596,800$75,942,800
Q1 2026GLDSPDR Gold TrustCALL135,800$58,433,382
Q1 2026KWEBKraneShares Trust KraneShares CCALL1,859,200$52,857,056
Q1 2026BABAAlibaba Group Holding LimitedCALL365,600$45,868,176
Q1 2026ASHRXtrackers Harvest CSI 300 ChinaCALL1,335,300$43,584,192
Q1 2026TSMTaiwan Semiconductor ManufacturPUT100,300$33,896,385

Notional value represents the total exposure of the options position.