Carrhae Capital LLP Hedge Fund

Location: London, United Kingdom

CIK: 0001555254 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 11, 2025

Total Value: $1.195B (100.0% shares, 0.0% debt)

Holdings (25)

EEM ISHARES TR 15.4%

Value $184M Shares 4,403,300 Est. Cost — Unrealized —

ASHR DBX ETF TR 9.6%

Value $115M Shares 4,357,700 Est. Cost $26.47 Unrealized —

EMBJ EMBRAER S.A. 8.2%

Value $97.96M Shares 2,670,740 Est. Cost $29.58 Unrealized —

EGO ELDORADO GOLD CORP NEW 7.5%

Value $89.83M Shares 6,040,730 Est. Cost $10.32 Unrealized +60.0%

AU ANGLOGOLD ASHANTI PLC 6.7%

Value $79.84M Shares 3,459,193 Est. Cost $21.89 Unrealized +13.6%

TSM TAIWAN SEMICONDUCTOR MFG LTD 6.3%

Value $75.81M Shares 383,886 Est. Cost $107.15 Unrealized —

EDU NEW ORIENTAL ED & TECHNOLOGY 5.6%

Value $66.92M Shares 1,042,689 Est. Cost $69.76 Unrealized —

CPA COPA HOLDINGS SA 5.2%

Value $61.68M Shares 701,867 Est. Cost $83.92 Unrealized +5.3%

IBN ICICI BANK LIMITED 4.4%

Value $52.29M Shares 1,751,047 Est. Cost $24.27 Unrealized —

SE SEA LTD 4.2%

Value $50.36M Shares 474,672 Est. Cost $94.28 Unrealized —

AAPL APPLE INC 4.1%

Value $49.46M Shares 197,500 Est. Cost — Unrealized —

FMX FOMENTO ECONOMICO MEXICANO S 3.9%

Value $46.44M Shares 543,167 Est. Cost $103.16 Unrealized —

BEKE KE HLDGS INC 2.7%

Value $32.16M Shares 1,745,724 Est. Cost $18.42 Unrealized —

JD JD.COM INC 2.4%

Value $28.71M Shares 827,951 Est. Cost $34.67 Unrealized —

RNW RENEW ENERGY GLOBAL PLC 2.1%

Value $24.96M Shares 3,654,991 Est. Cost $7.64 Unrealized -20.4%

FNV FRANCO NEV CORP 2.0%

Value $24.27M Shares 206,418 Est. Cost $116.46 Unrealized +5.5%

MMYT MAKEMYTRIP LIMITED MAURITIUS 2.0%

Value $23.69M Shares 210,950 Est. Cost $68.26 Unrealized +57.0%

YUMC YUM CHINA HLDGS INC 2.0%

Value $23.57M Shares 489,307 Est. Cost $33.83 Unrealized +40.1%

TS TENARIS S A 1.4%

Value $16.54M Shares 437,806 Est. Cost $37.79 Unrealized —

ASHR DBX ETF TR 1.1%

Value $13.39M Shares 506,000 Est. Cost $26.47 Unrealized —

CX CEMEX SAB DE CV 1.0%

Value $12.49M Shares 2,215,050 Est. Cost $6.03 Unrealized —

SPY SPDR S&P 500 ETF TR 1.0%

Value $12.27M Shares 20,931 Est. Cost $558.07 Unrealized —

BAP CREDICORP LTD 0.6%

Value $7.455M Shares 40,669 Est. Cost $159.11 Unrealized +11.3%

PDD PDD HOLDINGS INC 0.5%

Value $5.841M Shares 60,220 Est. Cost $136.96 Unrealized —

RNWWW RENEW ENERGY GLOBAL PLC 0.0%

Value $10,589 Shares 64,966 Est. Cost $1.09 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	4,403,300	$184M	15.4%	—	—	Put	464287234
ASHR	DBX ETF TR	4,357,700	$115M	9.6%	$26.47	—	Call	233051879
EMBJ	EMBRAER S.A.	2,670,740	$97.96M	8.2%	$29.58	—	SPONSORED ADS	29082A107
EGO	ELDORADO GOLD CORP NEW	6,040,730	$89.83M	7.5%	$10.32	+60.0%	COM	284902509
AU	ANGLOGOLD ASHANTI PLC	3,459,193	$79.84M	6.7%	$21.89	+13.6%	COM SHS	G0378L100
TSM	TAIWAN SEMICONDUCTOR MFG LTD	383,886	$75.81M	6.3%	$107.15	—	SPONSORED ADS	874039100
EDU	NEW ORIENTAL ED & TECHNOLOGY	1,042,689	$66.92M	5.6%	$69.76	—	SPON ADR	647581206
CPA	COPA HOLDINGS SA	701,867	$61.68M	5.2%	$83.92	+5.3%	CL A	P31076105
IBN	ICICI BANK LIMITED	1,751,047	$52.29M	4.4%	$24.27	—	ADR	45104G104
SE	SEA LTD	474,672	$50.36M	4.2%	$94.28	—	SPONSORD ADS	81141R100
AAPL	APPLE INC	197,500	$49.46M	4.1%	—	—	Put	037833100
FMX	FOMENTO ECONOMICO MEXICANO S	543,167	$46.44M	3.9%	$103.16	—	SPON ADR UNITS	344419106
BEKE	KE HLDGS INC	1,745,724	$32.16M	2.7%	$18.42	—	SPONSORED ADS	482497104
JD	JD.COM INC	827,951	$28.71M	2.4%	$34.67	—	SPON ADS CL A	47215P106
RNW	RENEW ENERGY GLOBAL PLC	3,654,991	$24.96M	2.1%	$7.64	-20.4%	CL A SHS	G7500M104
FNV	FRANCO NEV CORP	206,418	$24.27M	2.0%	$116.46	+5.5%	COM	351858105
MMYT	MAKEMYTRIP LIMITED MAURITIUS	210,950	$23.69M	2.0%	$68.26	+57.0%	SHS	V5633W109
YUMC	YUM CHINA HLDGS INC	489,307	$23.57M	2.0%	$33.83	+40.1%	COM	98850P109
TS	TENARIS S A	437,806	$16.54M	1.4%	$37.79	—	SPONSORED ADS	88031M109
ASHR	DBX ETF TR	506,000	$13.39M	1.1%	$26.47	—	XTRACK HRVST CSI	233051879
CX	CEMEX SAB DE CV	2,215,050	$12.49M	1.0%	$6.03	—	SPON ADR NEW	151290889
SPY	SPDR S&P 500 ETF TR	20,931	$12.27M	1.0%	$558.07	—	TR UNIT	78462F103
BAP	CREDICORP LTD	40,669	$7.455M	0.6%	$159.11	+11.3%	COM	G2519Y108
PDD	PDD HOLDINGS INC	60,220	$5.841M	0.5%	$136.96	—	SPONSORED ADS	722304102
RNWWW	RENEW ENERGY GLOBAL PLC	64,966	$10,589	0.0%	$1.09	—	*W EXP 08/21/202	G7500M120