Carrhae Capital LLP Hedge Fund

Location: London, United Kingdom

CIK: 0001555254 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Oct 18, 2024

Total Value: $876M (100.0% shares, 0.0% debt)

Holdings (22)

EGO ELDORADO GOLD CORP NEW 10.5%

Value $92.1M Shares 5,302,497 Share Price $17.37 Est. Cost/Share $9.46 Unrealized @ Report Date +83.7%

BABA ALIBABA GROUP HLDG LTD 8.8%

Value $76.92M Shares 724,856 Share Price $106.12 Est. Cost/Share $78.79 Unrealized @ Report Date +34.7%

EMBJ EMBRAER S.A. 7.3%

Value $63.8M Shares 1,803,821 Share Price $35.37 Est. Cost/Share $23.88 Unrealized @ Report Date +48.1%

TSM TAIWAN SEMICONDUCTOR MFG LTD 7.2%

Value $63.09M Shares 363,263 Share Price $173.67 Est. Cost/Share $101.12 Unrealized @ Report Date +71.8%

PDD PDD HOLDINGS INC 6.9%

Value $60.39M Shares 447,960 Share Price $134.81 Est. Cost/Share $123.11 Unrealized @ Report Date +9.5%

CPA COPA HOLDINGS SA 6.0%

Value $52.17M Shares 555,900 Share Price $93.84 * Est. Cost/Share $82.76 Unrealized @ Report Date +5.0%

EDU NEW ORIENTAL ED & TECHNOLOGY 5.9%

Value $51.89M Shares 684,187 Share Price $75.84 Est. Cost/Share $70.96 Unrealized @ Report Date +6.9%

SE SEA LTD 5.9%

Value $51.8M Shares 549,394 Share Price $94.28 Est. Cost/Share $75.46 Unrealized @ Report Date +24.9%

FMX FOMENTO ECONOMICO MEXICANO S 5.0%

Value $43.44M Shares 440,036 Share Price $98.71 Est. Cost/Share $109.17 Unrealized @ Report Date -9.6%

GDX VANECK ETF TRUST 4.9%

Value $43.07M Shares 1,081,695 Share Price $39.82 Est. Cost/Share $37.86 Unrealized @ Report Date +5.2%

IBN ICICI BANK LIMITED 4.5%

Value $39.56M Shares 1,325,165 Share Price $29.85 Est. Cost/Share $22.12 Unrealized @ Report Date +34.9%

AU ANGLOGOLD ASHANTI PLC 3.9%

Value $34.12M Shares 1,281,410 Share Price $26.63 * Est. Cost/Share $16.82 Unrealized @ Report Date +50.7%

MMYT MAKEMYTRIP LIMITED MAURITIUS 3.8%

Value $32.99M Shares 354,959 Share Price $92.95 Est. Cost/Share $68.26 Unrealized @ Report Date +36.2%

BAP CREDICORP LTD 3.2%

Value $27.97M Shares 154,577 Share Price $180.97 * Est. Cost/Share $159.11 Unrealized @ Report Date +7.7%

FNV FRANCO NEV CORP 3.2%

Value $27.84M Shares 224,084 Share Price $124.25 Est. Cost/Share $116.46 Unrealized @ Report Date +5.9%

FCX FREEPORT-MCMORAN INC 2.6%

Value $23.13M Shares 463,275 Share Price $49.92 Est. Cost/Share $44.24 Unrealized @ Report Date +10.8%

RNW RENEW ENERGY GLOBAL PLC 2.6%

Value $22.99M Shares 3,654,991 Share Price $6.29 Est. Cost/Share $7.64 Unrealized @ Report Date -17.6%

YUMC YUM CHINA HLDGS INC 2.4%

Value $21.17M Shares 470,300 Share Price $45.02 Est. Cost/Share $33.29 Unrealized @ Report Date +35.3%

VALE VALE S A 2.3%

Value $20.44M Shares 1,749,987 Share Price $11.68 Est. Cost/Share $12.03 Unrealized @ Report Date -2.9%

SPY SPDR S&P 500 ETF TR 1.7%

Value $15.23M Shares 26,537 Share Price $573.76 Est. Cost/Share $537.24 Unrealized @ Report Date +6.8%

CX CEMEX SAB DE CV 1.3%

Value $11.37M Shares 1,864,650 Share Price $6.10 Est. Cost/Share $6.28 Unrealized @ Report Date -2.8%

RNWWW RENEW ENERGY GLOBAL PLC 0.0%

Value $21,933 Shares 64,966 Share Price $0.34 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	5,302,497	$92.1M	10.5%	$17.37	$9.46	+83.7%	COM	284902509
BABA	ALIBABA GROUP HLDG LTD	724,856	$76.92M	8.8%	$106.12	$78.79	+34.7%	SPONSORED ADS	01609W102
EMBJ	EMBRAER S.A.	1,803,821	$63.8M	7.3%	$35.37	$23.88	+48.1%	SPONSORED ADS	29082A107
TSM	TAIWAN SEMICONDUCTOR MFG LTD	363,263	$63.09M	7.2%	$173.67	$101.12	+71.8%	SPONSORED ADS	874039100
PDD	PDD HOLDINGS INC	447,960	$60.39M	6.9%	$134.81	$123.11	+9.5%	SPONSORED ADS	722304102
CPA	COPA HOLDINGS SA	555,900	$52.17M	6.0%	$93.84 *	$82.76	+5.0%	CL A	P31076105
EDU	NEW ORIENTAL ED & TECHNOLOGY	684,187	$51.89M	5.9%	$75.84	$70.96	+6.9%	SPON ADR	647581206
SE	SEA LTD	549,394	$51.8M	5.9%	$94.28	$75.46	+24.9%	SPONSORD ADS	81141R100
FMX	FOMENTO ECONOMICO MEXICANO S	440,036	$43.44M	5.0%	$98.71	$109.17	-9.6%	SPON ADR UNITS	344419106
GDX	VANECK ETF TRUST	1,081,695	$43.07M	4.9%	$39.82	$37.86	+5.2%	GOLD MINERS ETF	92189F106
IBN	ICICI BANK LIMITED	1,325,165	$39.56M	4.5%	$29.85	$22.12	+34.9%	ADR	45104G104
AU	ANGLOGOLD ASHANTI PLC	1,281,410	$34.12M	3.9%	$26.63 *	$16.82	+50.7%	COM SHS	G0378L100
MMYT	MAKEMYTRIP LIMITED MAURITIUS	354,959	$32.99M	3.8%	$92.95	$68.26	+36.2%	SHS	V5633W109
BAP	CREDICORP LTD	154,577	$27.97M	3.2%	$180.97 *	$159.11	+7.7%	COM	G2519Y108
FNV	FRANCO NEV CORP	224,084	$27.84M	3.2%	$124.25	$116.46	+5.9%	COM	351858105
FCX	FREEPORT-MCMORAN INC	463,275	$23.13M	2.6%	$49.92	$44.24	+10.8%	CL B	35671D857
RNW	RENEW ENERGY GLOBAL PLC	3,654,991	$22.99M	2.6%	$6.29	$7.64	-17.6%	CL A SHS	G7500M104
YUMC	YUM CHINA HLDGS INC	470,300	$21.17M	2.4%	$45.02	$33.29	+35.3%	COM	98850P109
VALE	VALE S A	1,749,987	$20.44M	2.3%	$11.68	$12.03	-2.9%	SPONSORED ADS	91912E105
SPY	SPDR S&P 500 ETF TR	26,537	$15.23M	1.7%	$573.76	$537.24	+6.8%	TR UNIT	78462F103
CX	CEMEX SAB DE CV	1,864,650	$11.37M	1.3%	$6.10	$6.28	-2.8%	SPON ADR NEW	151290889
RNWWW	RENEW ENERGY GLOBAL PLC	64,966	$21,933	0.0%	$0.34	$1.09	—	*W EXP 08/21/202	G7500M120