Carrhae Capital LLP
- SEC CIK
- 0001555254
- Latest filing
- Jul 15, 2026
Holdings in Q1 2024
Holdings as of Mar 31, 2024, filed Aug 21, 2024. Long positions only; changes compare share counts with Q4 2023.
- Positions
- 19
- −2 vs. Q4 2023
- Portfolio value
- $510.6M
- +$4.61M (+0.9%) vs. Q4 2023
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| EGOEldorado Gold Corp | COM | 6,093,156 | $85.7M | 16.8% | +609,275+11.1% | Added | History |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 464,914 | $63.3M | 12.4% | −3,096−0.7% | Reduced | History |
| IBNIcici Bank Ltd | ADR | 1,929,382 | $51.0M | 10.0% | −70,192−3.5% | Reduced | History |
| AUAngloGold Ashanti PLC | COM SHS | 2,022,263 | $44.9M | 8.8% | +147,857+7.9% | Added | History |
| NTESNetEase, Inc. | SPONSORED ADS | 388,115 | $40.2M | 7.9% | +182,910+89.1% | Added | History |
| FMXMexican Economic Development Inc | SPON ADR UNITS | 206,370 | $26.9M | 5.3% | −71,304−25.7% | Reduced | History |
| XPXP Inc. | CL A | 995,857 | $25.6M | 5.0% | −665,654−40.1% | Reduced | History |
| YMMFull Truck Alliance Co. Ltd. | SPONSORED ADS | 3,378,147 | $24.6M | 4.8% | +3,378,147 | New | History |
| YUMCYum China Holdings, Inc. | COM | 598,622 | $23.8M | 4.7% | +598,622 | New | History |
| EMBJEmbraer S.A. | ADR | 795,066 | $21.2M | 4.1% | +795,066 | New | History |
| EDUNew Oriental Education & Technology Group Inc. | SPON ADR | 213,442 | $18.5M | 3.6% | −70,984−25.0% | Reduced | History |
| FNVFranco Nevada Corp | Stock | 154,886 | $18.5M | 3.6% | +97,118+168.1% | Added | History |
| MMYTMakeMyTrip Ltd | Stock | 195,421 | $13.9M | 2.7% | +195,421 | New | History |
| RIORio Tinto PLC | ADR | 211,880 | $13.5M | 2.6% | −124,857−37.1% | Reduced | History |
| BABAAlibaba Group Holding Ltd | ADR | 162,396 | $11.8M | 2.3% | −133,887−45.2% | Reduced | History |
| PDDPDD Holdings Inc. | SPONSORED ADS | 95,231 | $11.1M | 2.2% | +3,257+3.5% | Added | History |
| RNWReNew Energy Global plc | CL A SHS | 1,836,579 | $11.0M | 2.2% | 00.0% | Unchanged | History |
| DLOdLocal Ltd | CLASS A COM | 364,176 | $5.35M | 1.0% | +364,176 | New | History |
| ReNew Energy Global plcG7500M120 | *W EXP 08/30/202 | 64,966 | $32.5K | <0.1% | 00.0% | Unchanged | – |
Options (2)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| iShares Tr464287184 | CHINA LG-CAP ETF | – | $45.8M |
| DLOdLocal Ltd | CLASS A COM | – | $5.88M |
Sold out since Q4 2023 (7)
Positions held at the end of Q4 2023 that are gone from this filing.
| Security | Class | Shares in Q4 2023 | Value in Q4 2023 | % of portfolio in Q4 2023 | History |
|---|---|---|---|---|---|
| TSTenaris SA | SPONSORED ADS | 678,747 | $23.6M | 4.7% | History |
| BIDUBaidu, Inc. | ADR | 152,173 | $18.1M | 3.6% | History |
| Invesco QQQ Trust Series I46090E103 | ETF | 38,952 | $16.0M | 3.2% | – |
| CPACopa Holdings, S.A. | CL A | 126,622 | $13.5M | 2.7% | History |
| TMETencent Music Entertainment Group | SPON ADS | 1,338,475 | $12.1M | 2.4% | History |
| NUNu Holdings Ltd. | ORD SHS CL A | 1,397,013 | $11.6M | 2.3% | History |
| BAPCredicorp Ltd | COM | 47,668 | $7.15M | 1.4% | History |