ARGA INVESTMENT MANAGEMENT, LP

PrivateCIK: 1556915

Location

STAMFORD, CT

109

Positions

$3.05B

Total AUM (reported)

181.06M

Total Shares

Allocation by class

COMMON STOCKS$1.72B56.6%

EQUITY DEPOSITARY RECEIPTS$1.32B43.4%

Portfolio Concentration

Top 3$1.04B34.0%

4–10$1.12B36.9%

11–25$605.22M19.9%

Rest$282.04M9.3%

Top 3 weight

34.0%

Top 10 weight

70.9%

Voting Authority Distribution

Total shares with voting rights: 181.06M

Sole

Full voting authority

121.34M

% of voting shares67.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

59.72M

% of voting shares33.0%

Investment Discretion (by position count)

Sole109

Shared0

Other0

Dominant voting typeSole · 67.0% of voting shares

Institutional Holdings109

Rows:

XP INC - CLASS A

SOLE

Common Stocks

Shares20.70M

TypeSH

Market value$394.11M

12.94%

Sole

15.23M

Shared

0.00

None

5.47M

PETROLEO BRASILEIRO-SPON ADR

SOLE

Equity Depositary Receipts

Shares17.68M

TypeSH

Market value$366.86M

12.05%

Sole

12.37M

Shared

0.00

None

5.31M

BANCO BRADESCO-ADR

SOLE

Equity Depositary Receipts

Shares75.14M

TypeSH

Market value$274.26M

9.01%

Sole

56.86M

Shared

0.00

None

18.28M

MAGNA INTERNATIONAL INC

SOLE

Common Stocks

Shares3.77M

TypeSH

Market value$210.61M

6.92%

Sole

2.52M

Shared

0.00

None

1.25M

TAIWAN SEMICONDUCTOR-SP ADR

SOLE

Equity Depositary Receipts

Shares621.65K

TypeSH

Market value$210.09M

6.90%

Sole

365.06K

Shared

0.00

None

256.60K

LAS VEGAS SANDS CORP

SOLE

Common Stocks

Shares3.75M

TypeSH

Market value$201.98M

6.63%

Sole

2.01M

Shared

0.00

None

1.74M

NOKIA CORP-SPON ADR

SOLE

Equity Depositary Receipts

Shares20.39M

TypeSH

Market value$163.92M

5.38%

Sole

11.99M

Shared

0.00

None

8.39M

TRIP.COM GROUP LTD-ADR

SOLE

Equity Depositary Receipts

Shares2.86M

TypeSH

Market value$142.48M

4.68%

Sole

2.03M

Shared

0.00

None

833.60K

TOTALENERGIES SE

SOLE

Common Stocks

Shares1.19M

TypeSH

Market value$111.05M

3.65%

Sole

696.41K

Shared

0.00

None

490.92K

MELCO RESORTS & ENTERT-ADR

SOLE

Equity Depositary Receipts

Shares14.51M

TypeSH

Market value$82.41M

2.71%

Sole

9.49M

Shared

0.00

None

5.02M

ELEVANCE HEALTH INC

SOLE

Common Stocks

Shares205.06K

TypeSH

Market value$60.03M

1.97%

Sole

59.11K

Shared

0.00

None

145.95K

GLOBANT SA

SOLE

Common Stocks

Shares1.11M

TypeSH

Market value$50.95M

1.67%

Sole

775.50K

Shared

0.00

None

329.57K

ARROW ELECTRONICS INC

SOLE

Common Stocks

Shares333.26K

TypeSH

Market value$47.79M

1.57%

Sole

120.49K

Shared

0.00

None

212.77K

NXP SEMICONDUCTORS NV

SOLE

Common Stocks

Shares228.03K

TypeSH

Market value$44.89M

1.47%

Sole

60K

Shared

0.00

None

168.03K

PATTERSON-UTI ENERGY INC

SOLE

Common Stocks

Shares3.91M

TypeSH

Market value$42.33M

1.39%

Sole

1.52M

Shared

0.00

None

2.39M

HUMANA INC

SOLE

Common Stocks

Shares230.08K

TypeSH

Market value$39.89M

1.31%

Sole

48.46K

Shared

0.00

None

181.62K

T ROWE PRICE GROUP INC

SOLE

Common Stocks

Shares441.87K

TypeSH

Market value$39.83M

1.31%

Sole

96.28K

Shared

0.00

None

345.59K

ALCOA CORP

SOLE

Common Stocks

Shares598K

TypeSH

Market value$39.67M

1.30%

Sole

225.82K

Shared

0.00

None

372.18K

COMCAST CORP-CLASS A

SOLE

Common Stocks

Shares1.36M

TypeSH

Market value$38.96M

1.28%

Sole

299.49K

Shared

0.00

None

1.06M

BROWN-FORMAN CORP-CLASS B

SOLE

Common Stocks

Shares1.40M

TypeSH

Market value$36.91M

1.21%

Sole

292.44K

Shared

0.00

None

1.10M

MOHAWK INDUSTRIES INC

SOLE

Common Stocks

Shares353.43K

TypeSH

Market value$34.80M

1.14%

Sole

90.70K

Shared

0.00

None

262.74K

HALLIBURTON CO

SOLE

Common Stocks

Shares890.03K

TypeSH

Market value$34.70M

1.14%

Sole

193.14K

Shared

0.00

None

696.90K

HDFC BANK LTD-ADR

SOLE

Equity Depositary Receipts

Shares1.36M

TypeSH

Market value$33.83M

1.11%

Sole

915.53K

Shared

0.00

None

444.33K

DOW INC

SOLE

Common Stocks

Shares729.46K

TypeSH

Market value$30.38M

1.00%

Sole

158.51K

Shared

0.00

None

570.95K

MERCK & CO. INC.

SOLE

Common Stocks

Shares251.46K

TypeSH

Market value$30.25M

0.99%

Sole

54.50K

Shared

0.00

None

196.96K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
XP INC - CLASS ASOLE	Common Stocks	20.70M	SH	$394.11M 12.94%	15.23M	5.47M
PETROLEO BRASILEIRO-SPON ADRSOLE	Equity Depositary Receipts	17.68M	SH	$366.86M 12.05%	12.37M	5.31M
BANCO BRADESCO-ADRSOLE	Equity Depositary Receipts	75.14M	SH	$274.26M 9.01%	56.86M	18.28M
MAGNA INTERNATIONAL INCSOLE	Common Stocks	3.77M	SH	$210.61M 6.92%	2.52M	1.25M
TAIWAN SEMICONDUCTOR-SP ADRSOLE	Equity Depositary Receipts	621.65K	SH	$210.09M 6.90%	365.06K	256.60K
LAS VEGAS SANDS CORPSOLE	Common Stocks	3.75M	SH	$201.98M 6.63%	2.01M	1.74M
NOKIA CORP-SPON ADRSOLE	Equity Depositary Receipts	20.39M	SH	$163.92M 5.38%	11.99M	8.39M
TRIP.COM GROUP LTD-ADRSOLE	Equity Depositary Receipts	2.86M	SH	$142.48M 4.68%	2.03M	833.60K
TOTALENERGIES SESOLE	Common Stocks	1.19M	SH	$111.05M 3.65%	696.41K	490.92K
MELCO RESORTS & ENTERT-ADRSOLE	Equity Depositary Receipts	14.51M	SH	$82.41M 2.71%	9.49M	5.02M
ELEVANCE HEALTH INCSOLE	Common Stocks	205.06K	SH	$60.03M 1.97%	59.11K	145.95K
GLOBANT SASOLE	Common Stocks	1.11M	SH	$50.95M 1.67%	775.50K	329.57K
ARROW ELECTRONICS INCSOLE	Common Stocks	333.26K	SH	$47.79M 1.57%	120.49K	212.77K
NXP SEMICONDUCTORS NVSOLE	Common Stocks	228.03K	SH	$44.89M 1.47%	60K	168.03K
PATTERSON-UTI ENERGY INCSOLE	Common Stocks	3.91M	SH	$42.33M 1.39%	1.52M	2.39M
HUMANA INCSOLE	Common Stocks	230.08K	SH	$39.89M 1.31%	48.46K	181.62K
T ROWE PRICE GROUP INCSOLE	Common Stocks	441.87K	SH	$39.83M 1.31%	96.28K	345.59K
ALCOA CORPSOLE	Common Stocks	598K	SH	$39.67M 1.30%	225.82K	372.18K
COMCAST CORP-CLASS ASOLE	Common Stocks	1.36M	SH	$38.96M 1.28%	299.49K	1.06M
BROWN-FORMAN CORP-CLASS BSOLE	Common Stocks	1.40M	SH	$36.91M 1.21%	292.44K	1.10M
MOHAWK INDUSTRIES INCSOLE	Common Stocks	353.43K	SH	$34.80M 1.14%	90.70K	262.74K
HALLIBURTON COSOLE	Common Stocks	890.03K	SH	$34.70M 1.14%	193.14K	696.90K
HDFC BANK LTD-ADRSOLE	Equity Depositary Receipts	1.36M	SH	$33.83M 1.11%	915.53K	444.33K
DOW INCSOLE	Common Stocks	729.46K	SH	$30.38M 1.00%	158.51K	570.95K
MERCK & CO. INC.SOLE	Common Stocks	251.46K	SH	$30.25M 0.99%	54.50K	196.96K

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