Filed: 10/20/2026ACC: 0001172661-26-004600
📋 What this filing means
CARRHAE CAPITAL LLP filed this quarterly 13F‑HR report disclosing 29 equity positions with a total reported market value of $3.10B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
29
Positions
$3.10B
Total AUM (reported)
57.02M
Total Shares
Allocation by class
SPONSORED ADS$803.61M25.9%
UNIT SER 1$724.01M23.3%
COM$298.75M9.6%
GOLD SHS$225.30M7.3%
SPON ADR REP PFD$185.23M6.0%
MSCI EMG MKT ETF$162.10M5.2%
SPONSORED ADR$143.96M4.6%
Portfolio Concentration
Top 3$1.31B42.2%
4–10$1.12B36.0%
11–25$622.70M20.1%
Rest$53.07M1.7%
Top 3 weight
42.2%
Top 10 weight
78.2%
Voting Authority Distribution
Total shares with voting rights: 57.02M
Sole
Full voting authority
55.21M
shares
% of voting shares96.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
1.81M
shares
% of voting shares3.2%
Investment Discretion (by position count)
Sole0
Shared0
Other29
Dominant voting typeSole · 96.8% of voting shares
Institutional Holdings29
Rows:
INVESCO QQQ TR
DFNDShares978.70K
TypeSH
Market value$724.01M
23.34%
Sole
978.70K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
DFNDShares3.29M
TypeSH
Market value$353.44M
11.39%
Sole
3.14M
Shared
0.00
None
149.93K
TAIWAN SEMICONDUCTOR MANUFAC
DFNDShares507.11K
TypeSH
Market value$231.34M
7.46%
Sole
495.90K
Shared
0.00
None
11.21K
SPDR GOLD TR
DFNDShares591.60K
TypeSH
Market value$225.30M
7.26%
Sole
591.60K
Shared
0.00
None
0.00
ELDORADO GOLD CORP NEW
DFNDShares5.15M
TypeSH
Market value$198.21M
6.39%
Sole
4.99M
Shared
0.00
None
161.50K
ITAU UNIBANCO HLDG S A
DFNDShares21.72M
TypeSH
Market value$185.23M
5.97%
Sole
21M
Shared
0.00
None
712.85K
ISHARES TR
DFNDShares2.43M
TypeSH
Market value$162.10M
5.23%
Sole
2.43M
Shared
0.00
None
0.00
SEA LTD
DFNDShares1.23M
TypeSH
Market value$120.24M
3.88%
Sole
1.17M
Shared
0.00
None
66.49K
ISHARES SILVER TR
DFNDShares2.19M
TypeSH
Market value$119.37M
3.85%
Sole
2.19M
Shared
0.00
None
0.00
GDS HLDGS LTD
DFNDShares3.43M
TypeSH
Market value$107.25M
3.46%
Sole
3.29M
Shared
0.00
None
146.75K
PETROLEO BRASILEIRO S A
DFNDShares4.06M
TypeSH
Market value$84.69M
2.73%
Sole
3.87M
Shared
0.00
None
186.41K
ASE TECHNOLOGY HLDG CO LTD
DFNDShares1.46M
TypeSH
Market value$65.12M
2.10%
Sole
1.44M
Shared
0.00
None
25.18K
ICICI BK LTD
DFNDShares2.32M
TypeSH
Market value$63.97M
2.06%
Sole
2.30M
Shared
0.00
None
19.84K
BP PLC
DFNDShares1.35M
TypeSH
Market value$59.27M
1.91%
Sole
1.26M
Shared
0.00
None
85.70K
ISHARES INC
DFNDShares295.70K
TypeSH
Market value$54.05M
1.74%
Sole
295.70K
Shared
0.00
None
0.00
SHELL PLC
DFNDShares567.75K
TypeSH
Market value$53.96M
1.74%
Sole
532.20K
Shared
0.00
None
35.55K
MICRON TECHNOLOGY INC
DFNDShares43K
TypeSH
Market value$45.80M
1.48%
Sole
41.10K
Shared
0.00
None
1.90K
EMBRAER S.A.
DFNDShares403.07K
TypeSH
Market value$30.36M
0.98%
Sole
392.55K
Shared
0.00
None
10.52K
COPA HOLDINGS SA
DFNDShares226.47K
TypeSH
Market value$29.86M
0.96%
Sole
220.56K
Shared
0.00
None
5.91K
ISHARES TR
DFNDShares376.79K
TypeSH
Market value$29.31M
0.94%
Sole
376.79K
Shared
0.00
None
0.00
KRANESHARES TRUST
DFNDShares1.11M
TypeSH
Market value$27.33M
0.88%
Sole
1.11M
Shared
0.00
None
0.00
INTEL CORP
DFNDShares197.12K
TypeSH
Market value$23.70M
0.76%
Sole
182.10K
Shared
0.00
None
15.02K
VANECK ETF TRUST
DFNDShares252.82K
TypeSH
Market value$22.20M
0.72%
Sole
252.82K
Shared
0.00
None
0.00
NXP SEMICONDUCTORS N V
DFNDShares71.48K
TypeSH
Market value$16.98M
0.55%
Sole
64.69K
Shared
0.00
None
6.79K
TENARIS S A
DFNDShares291.89K
TypeSH
Market value$16.11M
0.52%
Sole
270.79K
Shared
0.00
None
21.10K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
INVESCO QQQ TRDFND | UNIT SER 1 | 978.70K | SH | $724.01M 23.34% | 978.70K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDDFND | SPONSORED ADS | 3.29M | SH | $353.44M 11.39% | 3.14M | 0.00 | 149.93K |
TAIWAN SEMICONDUCTOR MANUFACDFND | SPONSORED ADS | 507.11K | SH | $231.34M 7.46% | 495.90K | 0.00 | 11.21K |
SPDR GOLD TRDFND | GOLD SHS | 591.60K | SH | $225.30M 7.26% | 591.60K | 0.00 | 0.00 |
ELDORADO GOLD CORP NEWDFND | COM | 5.15M | SH | $198.21M 6.39% | 4.99M | 0.00 | 161.50K |
ITAU UNIBANCO HLDG S ADFND | SPON ADR REP PFD | 21.72M | SH | $185.23M 5.97% | 21M | 0.00 | 712.85K |
ISHARES TRDFND | MSCI EMG MKT ETF | 2.43M | SH | $162.10M 5.23% | 2.43M | 0.00 | 0.00 |
SEA LTDDFND | SPONSORD ADS | 1.23M | SH | $120.24M 3.88% | 1.17M | 0.00 | 66.49K |
ISHARES SILVER TRDFND | ISHARES | 2.19M | SH | $119.37M 3.85% | 2.19M | 0.00 | 0.00 |
GDS HLDGS LTDDFND | SPONSORED ADS | 3.43M | SH | $107.25M 3.46% | 3.29M | 0.00 | 146.75K |
PETROLEO BRASILEIRO S ADFND | SPONSORED ADR | 4.06M | SH | $84.69M 2.73% | 3.87M | 0.00 | 186.41K |
ASE TECHNOLOGY HLDG CO LTDDFND | SPONSORED ADS | 1.46M | SH | $65.12M 2.10% | 1.44M | 0.00 | 25.18K |
ICICI BK LTDDFND | ADR | 2.32M | SH | $63.97M 2.06% | 2.30M | 0.00 | 19.84K |
BP PLCDFND | SPONSORED ADR | 1.35M | SH | $59.27M 1.91% | 1.26M | 0.00 | 85.70K |
ISHARES INCDFND | MSCI STH KOR ETF | 295.70K | SH | $54.05M 1.74% | 295.70K | 0.00 | 0.00 |
SHELL PLCDFND | SPON ADS | 567.75K | SH | $53.96M 1.74% | 532.20K | 0.00 | 35.55K |
MICRON TECHNOLOGY INCDFND | COM | 43K | SH | $45.80M 1.48% | 41.10K | 0.00 | 1.90K |
EMBRAER S.A.DFND | SPONSORED ADS | 403.07K | SH | $30.36M 0.98% | 392.55K | 0.00 | 10.52K |
COPA HOLDINGS SADFND | CL A | 226.47K | SH | $29.86M 0.96% | 220.56K | 0.00 | 5.91K |
ISHARES TRDFND | 20 YR TR BD ETF | 376.79K | SH | $29.31M 0.94% | 376.79K | 0.00 | 0.00 |
KRANESHARES TRUSTDFND | CSI CHI INTERNET | 1.11M | SH | $27.33M 0.88% | 1.11M | 0.00 | 0.00 |
INTEL CORPDFND | COM | 197.12K | SH | $23.70M 0.76% | 182.10K | 0.00 | 15.02K |
VANECK ETF TRUSTDFND | GOLD MINERS ETF | 252.82K | SH | $22.20M 0.72% | 252.82K | 0.00 | 0.00 |
NXP SEMICONDUCTORS N VDFND | COM | 71.48K | SH | $16.98M 0.55% | 64.69K | 0.00 | 6.79K |
TENARIS S ADFND | SPONSORED ADS | 291.89K | SH | $16.11M 0.52% | 270.79K | 0.00 | 21.10K |
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