Carrhae Capital LLP 13F Holdings · Q2 2026
Carrhae Capital LLP reported 23 securities worth $3.62B in its SEC 13F filing for Q2 2026 (period ended 2026-06-30). Top holdings: QQQ (29.36%), EEM (15.16%), GLD (6.18%). Among its top 25 positions this quarter: 8 new, 8 added, 8 trimmed.
| Rank | Ticker | Company | Value | % Portfolio | Shares | Action |
|---|---|---|---|---|---|---|
| 1 | QQQ | INVESCO QQQ TR | $1.06B | 29.36% | 1.4M | Trimmed |
| 2 | EEM | ISHARES TR | $549.2M | 15.16% | 8.0M | New |
| 3 | GLD | SPDR GOLD TR | $224.0M | 6.18% | 608,000 | Added |
| 4 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $198.0M | 5.47% | 414,556 | Trimmed |
| 5 | BABA | ALIBABA GROUP HLDG LTD | $186.3M | 5.14% | 1.9M | Added |
| 6 | SE | SEA LTD | $140.5M | 3.88% | 1.5M | New |
| 7 | EMBJ | EMBRAER S.A. | $129.5M | 3.58% | 2.0M | Trimmed |
| 8 | EGO | ELDORADO GOLD CORP NEW | $121.5M | 3.36% | 3.9M | Trimmed |
| 9 | IBN | ICICI BANK LIMITED | $101.5M | 2.80% | 3.5M | Trimmed |
| 10 | GDS | GDS HLDGS LTD | $99.1M | 2.74% | 3.3M | Added |
| 11 | PBR | PETROLEO BRASILEIRO S A | $87.5M | 2.41% | 5.4M | New |
| 12 | ITUB | ITAU UNIBANCO HLDG S A | $78.8M | 2.18% | 9.6M | Trimmed |
| 13 | GGAL | GRUPO FINANCIERO GALICIA S.A | $68.1M | 1.88% | 1.4M | New |
| 14 | KWEB | KRANESHARES TRUST | $65.9M | 1.82% | 2.7M | Added |
| 15 | ASML | ASML HLDG NV | $63.8M | 1.76% | 32,056 | New |
| 16 | USO | UNITED STS OIL FD LP | $63.5M | 1.75% | 596,800 | Hold |
| 17 | CPA | COPA HOLDINGS SA | $62.3M | 1.72% | 400,262 | Trimmed |
| 18 | AU | ANGLOGOLD ASHANTI PLC | $61.2M | 1.69% | 756,610 | Added |
| 19 | PPC | PILGRIMS PRIDE CORP | $52.2M | 1.44% | 1.9M | New |
| 20 | NTES | NETEASE COM INC | $39.3M | 1.08% | 306,577 | Added |
| 21 | SLB | SLB LIMITED | $38.8M | 1.07% | 834,322 | Added |
| 22 | CPNG | COUPANG INC | $38.2M | 1.05% | 2.2M | New |
| 23 | HAL | HALLIBURTON CO | $24.7M | 0.68% | 726,193 | Added |
| 24 | BBD | BANCO BRADESCO S A | $15.6M | 0.43% | 4.5M | New |
| 25 | TS | TENARIS S A | $15.4M | 0.43% | 278,311 | Trimmed |
Source: SEC Form 13F filings · as of 2026-06-30
Every position in this 13F-HR, with its change from the prior quarter.
13F holdings, latest quarter
SourceSEC EDGAR13F-HR