Carrhae Capital LLP
An institutional investment manager in London. Its Form 13F for the quarter ended Jun 30, 2026, filed Jul 15, 2026. SEC CIK 1555254.
- Reported value$3.62bn
- Positions29
Holdings: 29 positions
The filing on sec.govAs filed, largest first. Reported value is what the manager stated for each position at the quarter end, in US dollars; it is filing data, not a price. Weight is the position's share of the total reported value. Changes compare with the 13F for the quarter ended 2026-03-31.
| Issuer | Class | CUSIP | Reported value$m | Weight | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|---|---|
| Invesco QQQ TR | UNIT SER 1 | 46090E103 | 1,063 | 29.4% | 1,444,000 | Put | Reduced−1,033,800 |
| Ishares TR | MSCI EMG MKT ETF | 464287234 | 549 | 15.2% | 8,027,800 | Put | New+8,027,800 |
| SPDR Gold TRGLD | GOLD SHS | 78463V107 | 224 | 6.2% | 608,000 | Call | Added+472,200 |
| Taiwan Semiconductor ManufacTSM | SPONSORED ADS | 874039100 | 198 | 5.5% | 414,556 | Reduced−144,324 | |
| Sea LtdSE | SPONSORD ADS | 81141R100 | 141 | 3.9% | 1,466,148 | New+1,466,148 | |
| Alibaba Group HLDG LtdBABA | SPONSORED ADS | 01609W102 | 138 | 3.8% | 1,440,800 | Call | Added+1,075,200 |
| Embraer S.A.EMBJ | SPONSORED ADS | 29082A107 | 129 | 3.6% | 2,029,766 | Reduced−858,914 | |
| Eldorado Gold Corp NewEGO | COM | 284902509 | 122 | 3.4% | 3,909,137 | Reduced−988,614 | |
| Icici Bank LimitedIBN | ADR | 45104G104 | 101 | 2.8% | 3,496,179 | Reduced−1,543,564 | |
| GDS Holdings LtdGDS | SPONSORED ADS | 36165L108 | 99.1 | 2.7% | 3,300,419 | Added+1,115,757 | |
| Petroleo Brasileiro S aPBR | SPONSORED ADR | 71654V408 | 87.5 | 2.4% | 5,411,909 | New+5,411,909 | |
| Itau Unibanco HLDG S aITUB | SPON ADR REP PFD | 465562106 | 78.8 | 2.2% | 9,643,006 | Reduced−10,800,127 | |
| Grupo Financiero Galicia S.AGGAL | SPONSORED ADR | 399909100 | 68.1 | 1.9% | 1,360,220 | New+1,360,220 | |
| Kraneshares Trust | CSI CHI INTERNET | 500767306 | 65.9 | 1.8% | 2,691,600 | Call | Added+832,400 |
| Asml HLDG NV | N Y REGISTRY SHS | N07059210 | 63.8 | 1.8% | 32,056 | New+32,056 | |
| United STS Oil FD LPUSO | UNITS | 91232N207 | 63.5 | 1.8% | 596,800 | Put | Unchanged |
| Copa Holdings SA | CL A | P31076105 | 62.3 | 1.7% | 400,262 | Reduced−117,852 | |
| Anglogold Ashanti plc | COM SHS | G0378L100 | 61.2 | 1.7% | 756,610 | Added+503,644 | |
| Pilgrims Pride CorpPPC | COM | 72147K108 | 52.2 | 1.4% | 1,856,460 | New+1,856,460 | |
| Alibaba Group HLDG LtdBABA | SPONSORED ADS | 01609W102 | 48.0 | 1.3% | 500,160 | Reduced−833,910 | |
| Netease Com IncNTES | SPONSORED ADS | 64110W102 | 39.3 | 1.1% | 306,577 | Added+237,410 | |
| SLB LimitedSLB | COM STK | 806857108 | 38.8 | 1.1% | 834,322 | Added+277,506 | |
| Coupang IncCPNG | CL A | 22266T109 | 38.2 | 1.1% | 2,198,457 | New+2,198,457 | |
| Halliburton CoHAL | COM | 406216101 | 24.7 | 0.7% | 726,193 | Added+128,472 | |
| Banco Bradesco S aBBD | SP ADR PFD NEW | 059460303 | 15.6 | 0.4% | 4,484,271 | New+4,484,271 | |
| Tenaris S aTS | SPONSORED ADS | 88031M109 | 15.4 | 0.4% | 278,311 | Reduced−59,117 | |
| Makemytrip Limited Mauritius | SHS | V5633W109 | 11.8 | 0.3% | 221,385 | Added+70,823 | |
| Vnet Group IncVNET | SPONSORED ADS A | 90138A103 | 11.8 | 0.3% | 1,467,195 | Reduced−45,860 | |
| KE Holdings IncBEKE | SPONSORED ADS | 482497104 | 10.1 | 0.3% | 697,760 | New+697,760 |
Sold out: 9 positions
Held at the end of the quarter before and not reported this quarter.
| Issuer | Class | CUSIP | Reported value$ | Weight | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|---|---|
| Arcelormittal SA LuxembourgMT | NY REGISTRY SH | 03938L203 | 0.0 | 0.0% | 0 | Sold out−196,677 | |
| DBX ETF TR | XTRACK HRVST CSI | 233051879 | 0.0 | 0.0% | 0 | Call | Sold out−1,335,300 |
| Hesai GroupHSAI | SPONSORED ADS | 428050108 | 0.0 | 0.0% | 0 | Sold out−1,568,343 | |
| Ishares Silver TRSLV | ISHARES | 46428Q109 | 0.0 | 0.0% | 0 | Call | Sold out−2,627,200 |
| JBS N.V. | CL A SHS | N4732M103 | 0.0 | 0.0% | 0 | Sold out−2,546,345 | |
| PDD Holdings IncPDD | SPONSORED ADS | 722304102 | 0.0 | 0.0% | 0 | Sold out−515,274 | |
| Renew Energy Global plc | CL A SHS | G7500M104 | 0.0 | 0.0% | 0 | Sold out−1,277,071 | |
| Taiwan Semiconductor ManufacTSM | SPONSORED ADS | 874039100 | 0.0 | 0.0% | 0 | Put | Sold out−100,300 |
| Vista Energy S.A.B. de C.V.VIST | SPONSORED ADS | 92837L109 | 0.0 | 0.0% | 0 | Sold out−79,692 |
Source: SEC EDGAR, Form 13F-HR, accession 0001172661-26-002627 (on sec.gov). Last ingested by Listed: Oct 22, 2026, 05:26 ET. Listed shows no prices and gives no investment advice.