Carrhae Capital LLP Hedge Fund

Location: London, United Kingdom

CIK: 0001555254 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: Aug 21, 2024

Total Value: $562M (100.0% shares, 0.0% debt)

Holdings (21)

EGO ELDORADO GOLD CORP NEW 15.2%

Value $85.73M Shares 6,093,156 Share Price $14.07 Est. Cost/Share $9.46 Unrealized @ Report Date +48.8%

TSM TAIWAN SEMICONDUCTOR MFG LTD 11.2%

Value $63.25M Shares 464,914 Share Price $136.05 Est. Cost/Share $84.50 Unrealized @ Report Date +61.0%

IBN ICICI BANK LIMITED 9.1%

Value $50.95M Shares 1,929,382 Share Price $26.41 Est. Cost/Share $21.42 Unrealized @ Report Date +23.3%

FXI ISHARES TR 8.1%

Value $45.79M Shares 1,902,500 Share Price $24.07 Est. Cost/Share — Unrealized @ Report Date —

AU ANGLOGOLD ASHANTI PLC 8.0%

Value $44.89M Shares 2,022,263 Share Price $22.20 * Est. Cost/Share $16.82 Unrealized @ Report Date +24.7%

NTES NETEASE INC 7.1%

Value $40.16M Shares 388,115 Share Price $103.47 Est. Cost/Share $104.34 Unrealized @ Report Date -0.8%

FMX FOMENTO ECONOMICO MEXICANO S 4.8%

Value $26.88M Shares 206,370 Share Price $130.27 Est. Cost/Share $106.53 Unrealized @ Report Date +22.3%

Value $25.55M Shares 995,857 Share Price $25.66 Est. Cost/Share $22.82 Unrealized @ Report Date +12.4%

YMM FULL TRUCK ALLIANCE CO LTD 4.4%

Value $24.56M Shares 3,378,147 Share Price $7.27 Est. Cost/Share $6.67 Unrealized @ Report Date +9.0%

YUMC YUM CHINA HLDGS INC 4.2%

Value $23.82M Shares 598,622 Share Price $39.79 Est. Cost/Share $39.47 Unrealized @ Report Date +0.8%

EMBJ EMBRAER S.A. 3.8%

Value $21.18M Shares 795,066 Share Price $26.64 Est. Cost/Share $19.85 Unrealized @ Report Date +34.2%

EDU NEW ORIENTAL ED & TECHNOLOGY 3.3%

Value $18.53M Shares 213,442 Share Price $86.82 Est. Cost/Share $57.50 Unrealized @ Report Date +51.0%

FNV FRANCO NEV CORP 3.3%

Value $18.46M Shares 154,886 Share Price $119.16 Est. Cost/Share $112.40 Unrealized @ Report Date +4.6%

MMYT MAKEMYTRIP LIMITED MAURITIUS 2.5%

Value $13.88M Shares 195,421 Share Price $71.05 Est. Cost/Share $56.89 Unrealized @ Report Date +24.9%

RIO RIO TINTO PLC 2.4%

Value $13.51M Shares 211,880 Share Price $63.74 Est. Cost/Share $67.09 Unrealized @ Report Date -5.0%

BABA ALIBABA GROUP HLDG LTD 2.1%

Value $11.75M Shares 162,396 Share Price $72.36 Est. Cost/Share $89.69 Unrealized @ Report Date -19.3%

PDD PDD HOLDINGS INC 2.0%

Value $11.07M Shares 95,231 Share Price $116.25 Est. Cost/Share $121.60 Unrealized @ Report Date -4.4%

RNW RENEW ENERGY GLOBAL PLC 2.0%

Value $11.02M Shares 1,836,579 Share Price $6.00 Est. Cost/Share $9.32 Unrealized @ Report Date -35.6%

DLO DLOCAL LTD 1.0%

Value $5.88M Shares 400,000 Share Price $14.70 * Est. Cost/Share $15.95 Unrealized @ Report Date -12.1%

DLO DLOCAL LTD 1.0%

Value $5.353M Shares 364,176 Share Price $14.70 * Est. Cost/Share $15.95 Unrealized @ Report Date -12.1%

RNWWW RENEW ENERGY GLOBAL PLC 0.0%

Value $32,483 Shares 64,966 Share Price $0.50 Est. Cost/Share $1.09 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EGO	ELDORADO GOLD CORP NEW	6,093,156	$85.73M	15.2%	$14.07	$9.46	+48.8%	COM	284902509
TSM	TAIWAN SEMICONDUCTOR MFG LTD	464,914	$63.25M	11.2%	$136.05	$84.50	+61.0%	SPONSORED ADS	874039100
IBN	ICICI BANK LIMITED	1,929,382	$50.95M	9.1%	$26.41	$21.42	+23.3%	ADR	45104G104
FXI	ISHARES TR	1,902,500	$45.79M	8.1%	$24.07	—	—	Call	464287184
AU	ANGLOGOLD ASHANTI PLC	2,022,263	$44.89M	8.0%	$22.20 *	$16.82	+24.7%	COM SHS	G0378L100
NTES	NETEASE INC	388,115	$40.16M	7.1%	$103.47	$104.34	-0.8%	SPONSORED ADS	64110W102
FMX	FOMENTO ECONOMICO MEXICANO S	206,370	$26.88M	4.8%	$130.27	$106.53	+22.3%	SPON ADR UNITS	344419106
XP	XP INC	995,857	$25.55M	4.5%	$25.66	$22.82	+12.4%	CL A	G98239109
YMM	FULL TRUCK ALLIANCE CO LTD	3,378,147	$24.56M	4.4%	$7.27	$6.67	+9.0%	SPONSORED ADS	35969L108
YUMC	YUM CHINA HLDGS INC	598,622	$23.82M	4.2%	$39.79	$39.47	+0.8%	COM	98850P109
EMBJ	EMBRAER S.A.	795,066	$21.18M	3.8%	$26.64	$19.85	+34.2%	SPONSORED ADS	29082A107
EDU	NEW ORIENTAL ED & TECHNOLOGY	213,442	$18.53M	3.3%	$86.82	$57.50	+51.0%	SPON ADR	647581206
FNV	FRANCO NEV CORP	154,886	$18.46M	3.3%	$119.16	$112.40	+4.6%	COM	351858105
MMYT	MAKEMYTRIP LIMITED MAURITIUS	195,421	$13.88M	2.5%	$71.05	$56.89	+24.9%	SHS	V5633W109
RIO	RIO TINTO PLC	211,880	$13.51M	2.4%	$63.74	$67.09	-5.0%	SPONSORED ADR	767204100
BABA	ALIBABA GROUP HLDG LTD	162,396	$11.75M	2.1%	$72.36	$89.69	-19.3%	SPONSORED ADS	01609W102
PDD	PDD HOLDINGS INC	95,231	$11.07M	2.0%	$116.25	$121.60	-4.4%	SPONSORED ADS	722304102
RNW	RENEW ENERGY GLOBAL PLC	1,836,579	$11.02M	2.0%	$6.00	$9.32	-35.6%	CL A SHS	G7500M104
DLO	DLOCAL LTD	400,000	$5.88M	1.0%	$14.70 *	$15.95	-12.1%	Call	G29018101
DLO	DLOCAL LTD	364,176	$5.353M	1.0%	$14.70 *	$15.95	-12.1%	CLASS A COM	G29018101
RNWWW	RENEW ENERGY GLOBAL PLC	64,966	$32,483	0.0%	$0.50	$1.09	—	*W EXP 08/21/202	G7500M120