13F

Investor

Carrhae Capital LLP

CIK 0001555254 · filed 2026-05-14 · SEC filing

13F book

$3.34B

Positions

21

8 new · 15 sold

Largest name

5.7%

Taiwan Semiconductor Mfg Ltd

Est. mark

$5.13M

Price effect on 13 names still held. Flow −$88.5M.
NameTickerSharesValueWeightEst. markChange
Taiwan Semiconductor Mfg Ltd558.9K$188.9M5.7%$19MCut$10M
Embraer S.A.EMBJ2.89M$171.4M5.1%−$5.77MAdded$97.6M
Itau Unibanco Hldg S A20.4M$171.3M5.1%New
Eldorado Gold Corp New4.9M$168.1M5.0%−$6.38MAdded$24.1M
Alibaba Group Hldg Ltd1.33M$167.4M5.0%−$6.52MAdded$122.1M
Icici Bank Limited5.04M$130.5M3.9%−$7.77MAdded$71.1M
Gds Hldgs Ltd2.18M$88M2.6%$11.7MAdded$12.4M
Copa Holdings Sa518.1K$58.9M1.8%−$873KAdded$43.8M
PDD Holdings Inc.PDD515.3K$52.7M1.6%−$2.5MAdded$27.4M
Jbs N.V.JBS2.55M$45.7M1.4%$9.01MCut−$6.89M
Hesai Group1.57M$30M0.9%New
Slb Limited/NvSLB556.8K$28.6M0.9%New
Anglogold Ashanti PlcAU253K$24.6M0.7%$1.19MAdded$16.2M
Halliburton CoHAL597.7K$23.3M0.7%New
Tenaris S A337.4K$19.6M0.6%New
VNET Group, Inc.VNET1.51M$12.7M0.4%New
Arcelormittal Sa Luxembourg196.7K$10.2M0.3%New
Netease Inc69.2K$7.74M0.2%New
Vista Energy S.A.B. De C.V.79.7K$6.01M0.2%$2.14MCut−$34.4M
Renew Energy Global Plc1.28M$5.85M0.2%−$1.37MCut−$8.04M
Makemytrip Limited Mauritius150.6K$5.61M0.2%−$6.75MCut−$56.1M

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.