Carrhae Capital LLP
Holdings as of 2026-06-30, filed 2026-07-15
This is history, not a current position. These holdings describe 2026-06-30, and the report became public 15 days later. The portfolio has changed since.
Aggregates
computed from the positions belowPositions reported
29
Value reported by manager
$3.6B
Sum of our stored positions
$3.6B
should match the line above
Disclosure lag
15 d
quarter end to filing
Top 5 concentration
60.1%
of the positions shown
New positions
0
vs previous quarter
Exited
0
vs previous quarter
Option positions
6
puts and calls
Positions
29 largest shown| Issuer | Class | Value | Shares | Type | CUSIP |
|---|---|---|---|---|---|
| INVESCO QQQ TR | UNIT SER 1 | $1.1B | 1,444,000 | Put | 46090E103 |
| ISHARES TR | MSCI EMG MKT ETF | $549.2M | 8,027,800 | Put | 464287234 |
| SPDR GOLD TR | GOLD SHS | $224M | 608,000 | Call | 78463V107 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | $198M | 414,556 | — | 874039100 |
| SEA LTD | SPONSORD ADS | $140.5M | 1,466,148 | — | 81141R100 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | $138.3M | 1,440,800 | Call | 01609W102 |
| EMBRAER S.A. | SPONSORED ADS | $129.5M | 2,029,766 | — | 29082A107 |
| ELDORADO GOLD CORP NEW | COM | $121.5M | 3,909,137 | — | 284902509 |
| ICICI BANK LIMITED | ADR | $101.5M | 3,496,179 | — | 45104G104 |
| GDS HLDGS LTD | SPONSORED ADS | $99.1M | 3,300,419 | — | 36165L108 |
| PETROLEO BRASILEIRO S A | SPONSORED ADR | $87.5M | 5,411,909 | — | 71654V408 |
| ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | $78.8M | 9,643,006 | — | 465562106 |
| GRUPO FINANCIERO GALICIA S.A | SPONSORED ADR | $68.1M | 1,360,220 | — | 399909100 |
| KRANESHARES TRUST | CSI CHI INTERNET | $65.9M | 2,691,600 | Call | 500767306 |
| ASML HLDG NV | N Y REGISTRY SHS | $63.8M | 32,056 | — | N07059210 |
| UNITED STS OIL FD LP | UNITS | $63.5M | 596,800 | Put | 91232N207 |
| COPA HOLDINGS SA | CL A | $62.3M | 400,262 | — | P31076105 |
| ANGLOGOLD ASHANTI PLC | COM SHS | $61.2M | 756,610 | — | G0378L100 |
| PILGRIMS PRIDE CORP | COM | $52.2M | 1,856,460 | — | 72147K108 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | $48M | 500,160 | — | 01609W102 |
| NETEASE COM INC | SPONSORED ADS | $39.3M | 306,577 | — | 64110W102 |
| SLB LIMITED | COM STK | $38.8M | 834,322 | — | 806857108 |
| COUPANG INC | CL A | $38.2M | 2,198,457 | — | 22266T109 |
| HALLIBURTON CO | COM | $24.7M | 726,193 | — | 406216101 |
| BANCO BRADESCO S A | SP ADR PFD NEW | $15.6M | 4,484,271 | — | 059460303 |
| TENARIS S A | SPONSORED ADS | $15.4M | 278,311 | — | 88031M109 |
| MAKEMYTRIP LIMITED MAURITIUS | SHS | $11.8M | 221,385 | — | V5633W109 |
| VNET GROUP INC | SPONSORED ADS A | $11.8M | 1,467,195 | — | 90138A103 |
| KE HLDGS INC | SPONSORED ADS | $10.1M | 697,760 | — | 482497104 |
Values are shown exactly as filed. Before 2023 managers reported in thousands of dollars and afterwards in whole dollars; the reporting unit is not always determinable from the document, so nothing is converted automatically.
Source: U.S. Securities and Exchange Commission, Form 13F · as of 2026-07-15