Carrhae Capital LLP Hedge Fund

Location: London, United Kingdom

CIK: 0001555254 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 9, 2024

Total Value: $867M (100.0% shares, 0.0% debt)

Holdings (21)

FXI ISHARES TR 21.2%

Value $183M Shares 7,055,800 Share Price $25.99 Est. Cost/Share — Unrealized @ Report Date —

EGO ELDORADO GOLD CORP NEW 10.2%

Value $88.65M Shares 5,994,078 Share Price $14.79 Est. Cost/Share $9.46 Unrealized @ Report Date +56.4%

EEM ISHARES TR 8.3%

Value $72.18M Shares 1,694,700 Share Price $42.59 Est. Cost/Share — Unrealized @ Report Date —

BABA ALIBABA GROUP HLDG LTD 8.3%

Value $72.08M Shares 1,001,048 Share Price $72.00 Est. Cost/Share $78.79 Unrealized @ Report Date -8.6%

IBN ICICI BANK LIMITED 7.4%

Value $63.96M Shares 2,220,095 Share Price $28.81 Est. Cost/Share $22.12 Unrealized @ Report Date +30.2%

TSM TAIWAN SEMICONDUCTOR MFG LTD 5.9%

Value $50.93M Shares 293,014 Share Price $173.81 Est. Cost/Share $84.50 Unrealized @ Report Date +105.7%

EMBJ EMBRAER S.A. 5.4%

Value $46.46M Shares 1,800,911 Share Price $25.80 Est. Cost/Share $23.88 Unrealized @ Report Date +8.0%

AU ANGLOGOLD ASHANTI PLC 4.8%

Value $41.68M Shares 1,658,495 Share Price $25.13 * Est. Cost/Share $16.82 Unrealized @ Report Date +41.2%

EDU NEW ORIENTAL ED & TECHNOLOGY 4.7%

Value $40.76M Shares 524,339 Share Price $77.73 Est. Cost/Share $71.71 Unrealized @ Report Date +8.4%

FMX FOMENTO ECONOMICO MEXICANO S 3.7%

Value $32.46M Shares 301,496 Share Price $107.65 Est. Cost/Share $109.82 Unrealized @ Report Date -2.0%

YMM FULL TRUCK ALLIANCE CO LTD 3.7%

Value $31.89M Shares 3,966,866 Share Price $8.04 Est. Cost/Share $6.94 Unrealized @ Report Date +15.8%

MMYT MAKEMYTRIP LIMITED MAURITIUS 2.9%

Value $24.71M Shares 293,821 Share Price $84.10 Est. Cost/Share $62.84 Unrealized @ Report Date +33.8%

VALE VALE S A 2.8%

Value $24.7M Shares 2,210,904 Share Price $11.17 Est. Cost/Share $12.03 Unrealized @ Report Date -7.1%

BEKE KE HLDGS INC 2.2%

Value $19.08M Shares 1,348,487 Share Price $14.15 Est. Cost/Share $15.66 Unrealized @ Report Date -9.6%

HBM HUDBAY MINERALS INC 1.9%

Value $16.71M Shares 1,845,991 Share Price $9.05 Est. Cost/Share $8.68 Unrealized @ Report Date +4.3%

FNV FRANCO NEV CORP 1.8%

Value $15.97M Shares 134,716 Share Price $118.52 Est. Cost/Share $112.40 Unrealized @ Report Date +4.3%

PDD PDD HOLDINGS INC 1.7%

Value $15.03M Shares 113,079 Share Price $132.95 Est. Cost/Share $123.78 Unrealized @ Report Date +7.4%

RNW RENEW ENERGY GLOBAL PLC 1.6%

Value $13.47M Shares 2,159,172 Share Price $6.24 Est. Cost/Share $8.82 Unrealized @ Report Date -29.3%

SPY SPDR S&P 500 ETF TR 0.9%

Value $7.671M Shares 14,095 Share Price $544.22 Est. Cost/Share $523.39 Unrealized @ Report Date +4.0%

QQQ INVESCO QQQ TR 0.6%

Value $4.916M Shares 10,260 Share Price $479.11 Est. Cost/Share $449.75 Unrealized @ Report Date +6.5%

RNWWW RENEW ENERGY GLOBAL PLC 0.0%

Value $35,731 Shares 64,966 Share Price $0.55 Est. Cost/Share $1.09 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FXI	ISHARES TR	7,055,800	$183M	21.2%	$25.99	—	—	Put	464287184
EGO	ELDORADO GOLD CORP NEW	5,994,078	$88.65M	10.2%	$14.79	$9.46	+56.4%	COM	284902509
EEM	ISHARES TR	1,694,700	$72.18M	8.3%	$42.59	—	—	Put	464287234
BABA	ALIBABA GROUP HLDG LTD	1,001,048	$72.08M	8.3%	$72.00	$78.79	-8.6%	SPONSORED ADS	01609W102
IBN	ICICI BANK LIMITED	2,220,095	$63.96M	7.4%	$28.81	$22.12	+30.2%	ADR	45104G104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	293,014	$50.93M	5.9%	$173.81	$84.50	+105.7%	SPONSORED ADS	874039100
EMBJ	EMBRAER S.A.	1,800,911	$46.46M	5.4%	$25.80	$23.88	+8.0%	SPONSORED ADS	29082A107
AU	ANGLOGOLD ASHANTI PLC	1,658,495	$41.68M	4.8%	$25.13 *	$16.82	+41.2%	COM SHS	G0378L100
EDU	NEW ORIENTAL ED & TECHNOLOGY	524,339	$40.76M	4.7%	$77.73	$71.71	+8.4%	SPON ADR	647581206
FMX	FOMENTO ECONOMICO MEXICANO S	301,496	$32.46M	3.7%	$107.65	$109.82	-2.0%	SPON ADR UNITS	344419106
YMM	FULL TRUCK ALLIANCE CO LTD	3,966,866	$31.89M	3.7%	$8.04	$6.94	+15.8%	SPONSORED ADS	35969L108
MMYT	MAKEMYTRIP LIMITED MAURITIUS	293,821	$24.71M	2.9%	$84.10	$62.84	+33.8%	SHS	V5633W109
VALE	VALE S A	2,210,904	$24.7M	2.8%	$11.17	$12.03	-7.1%	SPONSORED ADS	91912E105
BEKE	KE HLDGS INC	1,348,487	$19.08M	2.2%	$14.15	$15.66	-9.6%	SPONSORED ADS	482497104
HBM	HUDBAY MINERALS INC	1,845,991	$16.71M	1.9%	$9.05	$8.68	+4.3%	COM	443628102
FNV	FRANCO NEV CORP	134,716	$15.97M	1.8%	$118.52	$112.40	+4.3%	COM	351858105
PDD	PDD HOLDINGS INC	113,079	$15.03M	1.7%	$132.95	$123.78	+7.4%	SPONSORED ADS	722304102
RNW	RENEW ENERGY GLOBAL PLC	2,159,172	$13.47M	1.6%	$6.24	$8.82	-29.3%	CL A SHS	G7500M104
SPY	SPDR S&P 500 ETF TR	14,095	$7.671M	0.9%	$544.22	$523.39	+4.0%	TR UNIT	78462F103
QQQ	INVESCO QQQ TR	10,260	$4.916M	0.6%	$479.11	$449.75	+6.5%	UNIT SER 1	46090E103
RNWWW	RENEW ENERGY GLOBAL PLC	64,966	$35,731	0.0%	$0.55	$1.09	—	*W EXP 08/21/202	G7500M120