Carrhae Capital LLP Hedge Fund

CIK: 0001555254 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 11, 2025

Total Value ($000): $1,195,435 (100.0% shares, 0.0% debt)

Holdings (25)

EEM ISHARES TR 15.4%

Value ($000) $184,146 Shares 4,403,300 Est. Cost — Unrealized —

ASHR DBX ETF TR 9.6%

Value ($000) $115,348 Shares 4,357,700 Est. Cost $26.47 Unrealized —

EMBJ EMBRAER S.A. 8.2%

Value ($000) $97,963 Shares 2,670,740 Est. Cost $29.58 Unrealized —

EGO ELDORADO GOLD CORP NEW 7.5%

Value ($000) $89,826 Shares 6,040,730 Est. Cost $10.32 Unrealized +60.0%

AU ANGLOGOLD ASHANTI PLC 6.7%

Value ($000) $79,838 Shares 3,459,193 Est. Cost $21.89 Unrealized +13.6%

TSM TAIWAN SEMICONDUCTOR MFG LTD 6.3%

Value ($000) $75,814 Shares 383,886 Est. Cost $107.15 Unrealized —

EDU NEW ORIENTAL ED & TECHNOLOGY 5.6%

Value ($000) $66,920 Shares 1,042,689 Est. Cost $69.76 Unrealized —

CPA COPA HOLDINGS SA 5.2%

Value ($000) $61,680 Shares 701,867 Est. Cost $83.92 Unrealized +5.3%

IBN ICICI BANK LIMITED 4.4%

Value ($000) $52,286 Shares 1,751,047 Est. Cost $24.27 Unrealized —

SE SEA LTD 4.2%

Value ($000) $50,363 Shares 474,672 Est. Cost $94.28 Unrealized —

AAPL APPLE INC 4.1%

Value ($000) $49,458 Shares 197,500 Est. Cost — Unrealized —

FMX FOMENTO ECONOMICO MEXICANO S 3.9%

Value ($000) $46,435 Shares 543,167 Est. Cost $103.16 Unrealized —

BEKE KE HLDGS INC 2.7%

Value ($000) $32,156 Shares 1,745,724 Est. Cost $18.42 Unrealized —

JD JD.COM INC 2.4%

Value ($000) $28,705 Shares 827,951 Est. Cost $34.67 Unrealized —

RNW RENEW ENERGY GLOBAL PLC 2.1%

Value ($000) $24,964 Shares 3,654,991 Est. Cost $7.64 Unrealized -20.4%

FNV FRANCO NEV CORP 2.0%

Value ($000) $24,273 Shares 206,418 Est. Cost $116.46 Unrealized +5.5%

MMYT MAKEMYTRIP LIMITED MAURITIUS 2.0%

Value ($000) $23,685 Shares 210,950 Est. Cost $68.26 Unrealized +57.0%

YUMC YUM CHINA HLDGS INC 2.0%

Value ($000) $23,570 Shares 489,307 Est. Cost $33.83 Unrealized +40.1%

TS TENARIS S A 1.4%

Value ($000) $16,545 Shares 437,806 Est. Cost $37.79 Unrealized —

ASHR DBX ETF TR 1.1%

Value ($000) $13,394 Shares 506,000 Est. Cost $26.47 Unrealized —

CX CEMEX SAB DE CV 1.0%

Value ($000) $12,493 Shares 2,215,050 Est. Cost $6.03 Unrealized —

SPY SPDR S&P 500 ETF TR 1.0%

Value ($000) $12,267 Shares 20,931 Est. Cost $558.07 Unrealized —

BAP CREDICORP LTD 0.6%

Value ($000) $7,455 Shares 40,669 Est. Cost $159.11 Unrealized +11.3%

PDD PDD HOLDINGS INC 0.5%

Value ($000) $5,841 Shares 60,220 Est. Cost $136.96 Unrealized —

RNWWW RENEW ENERGY GLOBAL PLC 0.0%

Value ($000) $11 Shares 64,966 Est. Cost $1.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	4,403,300	$184,146	15.4%	—	—	Put	464287234
ASHR	DBX ETF TR	4,357,700	$115,348	9.6%	$26.47	—	Call	233051879
EMBJ	EMBRAER S.A.	2,670,740	$97,963	8.2%	$29.58	—	SPONSORED ADS	29082A107
EGO	ELDORADO GOLD CORP NEW	6,040,730	$89,826	7.5%	$10.32	+60.0%	COM	284902509
AU	ANGLOGOLD ASHANTI PLC	3,459,193	$79,838	6.7%	$21.89	+13.6%	COM SHS	G0378L100
TSM	TAIWAN SEMICONDUCTOR MFG LTD	383,886	$75,814	6.3%	$107.15	—	SPONSORED ADS	874039100
EDU	NEW ORIENTAL ED & TECHNOLOGY	1,042,689	$66,920	5.6%	$69.76	—	SPON ADR	647581206
CPA	COPA HOLDINGS SA	701,867	$61,680	5.2%	$83.92	+5.3%	CL A	P31076105
IBN	ICICI BANK LIMITED	1,751,047	$52,286	4.4%	$24.27	—	ADR	45104G104
SE	SEA LTD	474,672	$50,363	4.2%	$94.28	—	SPONSORD ADS	81141R100
AAPL	APPLE INC	197,500	$49,458	4.1%	—	—	Put	037833100
FMX	FOMENTO ECONOMICO MEXICANO S	543,167	$46,435	3.9%	$103.16	—	SPON ADR UNITS	344419106
BEKE	KE HLDGS INC	1,745,724	$32,156	2.7%	$18.42	—	SPONSORED ADS	482497104
JD	JD.COM INC	827,951	$28,705	2.4%	$34.67	—	SPON ADS CL A	47215P106
RNW	RENEW ENERGY GLOBAL PLC	3,654,991	$24,964	2.1%	$7.64	-20.4%	CL A SHS	G7500M104
FNV	FRANCO NEV CORP	206,418	$24,273	2.0%	$116.46	+5.5%	COM	351858105
MMYT	MAKEMYTRIP LIMITED MAURITIUS	210,950	$23,685	2.0%	$68.26	+57.0%	SHS	V5633W109
YUMC	YUM CHINA HLDGS INC	489,307	$23,570	2.0%	$33.83	+40.1%	COM	98850P109
TS	TENARIS S A	437,806	$16,545	1.4%	$37.79	—	SPONSORED ADS	88031M109
ASHR	DBX ETF TR	506,000	$13,394	1.1%	$26.47	—	XTRACK HRVST CSI	233051879
CX	CEMEX SAB DE CV	2,215,050	$12,493	1.0%	$6.03	—	SPON ADR NEW	151290889
SPY	SPDR S&P 500 ETF TR	20,931	$12,267	1.0%	$558.07	—	TR UNIT	78462F103
BAP	CREDICORP LTD	40,669	$7,455	0.6%	$159.11	+11.3%	COM	G2519Y108
PDD	PDD HOLDINGS INC	60,220	$5,841	0.5%	$136.96	—	SPONSORED ADS	722304102
RNWWW	RENEW ENERGY GLOBAL PLC	64,966	$11	0.0%	$1.09	—	*W EXP 08/21/202	G7500M120