Filed: 11/12/2025ACC: 0001992110-25-000014
📋 What this filing means
RAMIREZ ASSET MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 357 equity positions with a total reported market value of $720.06M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
357
Positions
$720.06M
Total AUM (reported)
22.56M
Total Shares
Allocation by class
ADR$416.13M57.8%
COM$219.55M30.5%
ADS$33.53M4.7%
CL A SHS$17.68M2.5%
ETF$9.93M1.4%
SPONS ADR$8.56M1.2%
SPONS ADR NE$4.56M0.6%
Portfolio Concentration
Top 3$73.80M10.2%
4–10$88.71M12.3%
11–25$132.64M18.4%
Rest$424.91M59.0%
Top 3 weight
10.2%
Top 10 weight
22.6%
Voting Authority Distribution
Total shares with voting rights: 22.56M
Sole
Full voting authority
19.47M
shares
% of voting shares86.3%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
3.09M
shares
% of voting shares13.7%
Investment Discretion (by position count)
Sole357
Shared0
Other0
Dominant voting typeSole · 86.3% of voting shares
Institutional Holdings357
Rows:
TAIWAN SEMICONDUCTOR MFG ADR
SOLEShares135.57K
TypeSH
Market value$37.86M
5.26%
Sole
106.91K
Shared
0.00
None
28.67K
KB Financial Group Inc ADR
SOLEShares220.17K
TypeSH
Market value$18.25M
2.54%
Sole
188.66K
Shared
0.00
None
31.51K
JBS N.V. COM SHS CL A
SOLEShares1.18M
TypeSH
Market value$17.68M
2.46%
Sole
1.03M
Shared
0.00
None
157.41K
ITAU UNIBANCO HLDG PREF ADR
SOLEShares2.15M
TypeSH
Market value$15.75M
2.19%
Sole
1.85M
Shared
0.00
None
294.35K
Grupo Financiero Banorte S A B
SOLEShares284.96K
TypeSH
Market value$14.29M
1.99%
Sole
243.07K
Shared
0.00
None
41.89K
TENCENT HLDGS LTD ADR
SOLEShares152.28K
TypeSH
Market value$12.97M
1.80%
Sole
95.92K
Shared
0.00
None
56.36K
RHEINMETALL AG ADR
SOLEShares24.63K
TypeSH
Market value$11.49M
1.60%
Sole
23.73K
Shared
0.00
None
902.00
Sumitomo Mitsui Finl Group ADR
SOLEShares686.27K
TypeSH
Market value$11.49M
1.60%
Sole
666.88K
Shared
0.00
None
19.39K
COCA COLA FEMSA SAB DE CV ADR
SOLEShares137.96K
TypeSH
Market value$11.46M
1.59%
Sole
117.86K
Shared
0.00
None
20.09K
SHINHAN FINANCIAL GROUP ADR
SOLEShares223.34K
TypeSH
Market value$11.25M
1.56%
Sole
175.41K
Shared
0.00
None
47.93K
Engie SA ADR
SOLEShares518.25K
TypeSH
Market value$11.12M
1.54%
Sole
505.08K
Shared
0.00
None
13.17K
Marubeni Corp ADR
SOLEShares42.48K
TypeSH
Market value$10.64M
1.48%
Sole
41.64K
Shared
0.00
None
832.00
PT TELEKOM INDONESIA ADR
SOLEShares535.83K
TypeSH
Market value$10.08M
1.40%
Sole
488.64K
Shared
0.00
None
47.19K
Cameco Corp
SOLEShares118.09K
TypeSH
Market value$9.90M
1.38%
Sole
114.75K
Shared
0.00
None
3.34K
Nvidia Corporation
SOLEShares49.29K
TypeSH
Market value$9.20M
1.28%
Sole
49.29K
Shared
0.00
None
0.00
CEMEX SA ADR
SOLEShares1.02M
TypeSH
Market value$9.16M
1.27%
Sole
813.81K
Shared
0.00
None
205.11K
DEUTSCHE TELEKOM AG ADR
SOLEShares263.48K
TypeSH
Market value$8.98M
1.25%
Sole
256.13K
Shared
0.00
None
7.35K
Microsoft Corp
SOLEShares16.66K
TypeSH
Market value$8.63M
1.20%
Sole
16.66K
Shared
0.00
None
0.00
ALIBABA GROUP HOLDING LTD ADR
SOLEShares46.17K
TypeSH
Market value$8.25M
1.15%
Sole
28.88K
Shared
0.00
None
17.29K
AXA ADR
SOLEShares171.15K
TypeSH
Market value$8.17M
1.13%
Sole
167.35K
Shared
0.00
None
3.79K
EMBRAER SA ADR
SOLEShares134.84K
TypeSH
Market value$8.15M
1.13%
Sole
84.73K
Shared
0.00
None
50.12K
Smurfit Westrock Plc
SOLEShares188.41K
TypeSH
Market value$8.02M
1.11%
Sole
185.46K
Shared
0.00
None
2.95K
Broadcom Inc
SOLEShares22.77K
TypeSH
Market value$7.51M
1.04%
Sole
22.77K
Shared
0.00
None
0.00
JPMorgan Chase & Co
SOLEShares23.77K
TypeSH
Market value$7.50M
1.04%
Sole
23.77K
Shared
0.00
None
0.00
BAE SYSTEM PLC ADR
SOLEShares66.09K
TypeSH
Market value$7.33M
1.02%
Sole
64.08K
Shared
0.00
None
2.01K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TAIWAN SEMICONDUCTOR MFG ADRSOLE | ADR | 135.57K | SH | $37.86M 5.26% | 106.91K | 0.00 | 28.67K |
KB Financial Group Inc ADRSOLE | ADR | 220.17K | SH | $18.25M 2.54% | 188.66K | 0.00 | 31.51K |
JBS N.V. COM SHS CL ASOLE | CL A SHS | 1.18M | SH | $17.68M 2.46% | 1.03M | 0.00 | 157.41K |
ITAU UNIBANCO HLDG PREF ADRSOLE | ADR | 2.15M | SH | $15.75M 2.19% | 1.85M | 0.00 | 294.35K |
Grupo Financiero Banorte S A BSOLE | ADR | 284.96K | SH | $14.29M 1.99% | 243.07K | 0.00 | 41.89K |
TENCENT HLDGS LTD ADRSOLE | ADR | 152.28K | SH | $12.97M 1.80% | 95.92K | 0.00 | 56.36K |
RHEINMETALL AG ADRSOLE | ADR | 24.63K | SH | $11.49M 1.60% | 23.73K | 0.00 | 902.00 |
Sumitomo Mitsui Finl Group ADRSOLE | ADR | 686.27K | SH | $11.49M 1.60% | 666.88K | 0.00 | 19.39K |
COCA COLA FEMSA SAB DE CV ADRSOLE | ADR | 137.96K | SH | $11.46M 1.59% | 117.86K | 0.00 | 20.09K |
SHINHAN FINANCIAL GROUP ADRSOLE | ADR | 223.34K | SH | $11.25M 1.56% | 175.41K | 0.00 | 47.93K |
Engie SA ADRSOLE | ADR | 518.25K | SH | $11.12M 1.54% | 505.08K | 0.00 | 13.17K |
Marubeni Corp ADRSOLE | ADR | 42.48K | SH | $10.64M 1.48% | 41.64K | 0.00 | 832.00 |
PT TELEKOM INDONESIA ADRSOLE | ADR | 535.83K | SH | $10.08M 1.40% | 488.64K | 0.00 | 47.19K |
Cameco CorpSOLE | COM | 118.09K | SH | $9.90M 1.38% | 114.75K | 0.00 | 3.34K |
Nvidia CorporationSOLE | COM | 49.29K | SH | $9.20M 1.28% | 49.29K | 0.00 | 0.00 |
CEMEX SA ADRSOLE | ADR | 1.02M | SH | $9.16M 1.27% | 813.81K | 0.00 | 205.11K |
DEUTSCHE TELEKOM AG ADRSOLE | ADR | 263.48K | SH | $8.98M 1.25% | 256.13K | 0.00 | 7.35K |
Microsoft CorpSOLE | COM | 16.66K | SH | $8.63M 1.20% | 16.66K | 0.00 | 0.00 |
ALIBABA GROUP HOLDING LTD ADRSOLE | ADS | 46.17K | SH | $8.25M 1.15% | 28.88K | 0.00 | 17.29K |
AXA ADRSOLE | ADR | 171.15K | SH | $8.17M 1.13% | 167.35K | 0.00 | 3.79K |
EMBRAER SA ADRSOLE | ADS | 134.84K | SH | $8.15M 1.13% | 84.73K | 0.00 | 50.12K |
Smurfit Westrock PlcSOLE | COM | 188.41K | SH | $8.02M 1.11% | 185.46K | 0.00 | 2.95K |
Broadcom IncSOLE | COM | 22.77K | SH | $7.51M 1.04% | 22.77K | 0.00 | 0.00 |
JPMorgan Chase & CoSOLE | COM | 23.77K | SH | $7.50M 1.04% | 23.77K | 0.00 | 0.00 |
BAE SYSTEM PLC ADRSOLE | ADR | 66.09K | SH | $7.33M 1.02% | 64.08K | 0.00 | 2.01K |
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