Carrhae Capital LLP Hedge Fund

CIK: 0001555254 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 2, 2025

Total Value ($000): $1,366,933 (100.0% shares, 0.0% debt)

Holdings (24)

EEM ISHARES TR 24.8%

Value ($000) $339,317 Shares 7,764,700 Est. Cost — Unrealized —

ASHR DBX ETF TR 10.2%

Value ($000) $139,864 Shares 5,264,000 Est. Cost $26.52 Unrealized —

EGO ELDORADO GOLD CORP NEW 8.2%

Value ($000) $112,514 Shares 6,689,304 Est. Cost $10.78 Unrealized +39.4%

IBN ICICI BANK LIMITED 6.0%

Value ($000) $81,372 Shares 2,581,585 Est. Cost $26.60 Unrealized —

BABA ALIBABA GROUP HLDG LTD 5.4%

Value ($000) $73,913 Shares 558,973 Est. Cost $132.23 Unrealized —

SE SEA LTD 5.3%

Value ($000) $71,991 Shares 551,700 Est. Cost $99.34 Unrealized —

CPA COPA HOLDINGS SA 5.3%

Value ($000) $71,927 Shares 777,929 Est. Cost $84.32 Unrealized +4.4%

PBR PETROLEO BRASILEIRO SA PETRO 4.7%

Value ($000) $64,765 Shares 4,516,382 Est. Cost $14.34 Unrealized —

AU ANGLOGOLD ASHANTI PLC 3.6%

Value ($000) $49,776 Shares 1,340,959 Est. Cost $21.89 Unrealized +34.2%

TECK TECK RESOURCES LTD 3.4%

Value ($000) $46,478 Shares 1,275,810 Est. Cost $41.48 Unrealized 0.0%

HDB HDFC BANK LTD 2.9%

Value ($000) $39,592 Shares 595,900 Est. Cost $66.44 Unrealized —

MMYT MAKEMYTRIP LIMITED MAURITIUS 2.9%

Value ($000) $38,995 Shares 397,945 Est. Cost $84.68 Unrealized +21.9%

BAP CREDICORP LTD 2.7%

Value ($000) $37,023 Shares 198,875 Est. Cost $172.32 Unrealized +2.0%

ASHR DBX ETF TR 2.0%

Value ($000) $27,999 Shares 1,053,785 Est. Cost $26.52 Unrealized —

FXI ISHARES TR 2.0%

Value ($000) $27,400 Shares 764,500 Est. Cost — Unrealized —

PDD PDD HOLDINGS INC 1.7%

Value ($000) $23,248 Shares 196,437 Est. Cost $124.06 Unrealized —

RNW RENEW ENERGY GLOBAL PLC 1.6%

Value ($000) $21,528 Shares 3,654,991 Est. Cost $7.64 Unrealized -15.6%

FNV FRANCO NEV CORP 1.6%

Value ($000) $21,270 Shares 134,994 Est. Cost $116.46 Unrealized +19.6%

NXPI NXP SEMICONDUCTORS N V 1.5%

Value ($000) $20,418 Shares 107,428 Est. Cost $209.53 Unrealized 0.0%

GGB GERDAU SA 1.4%

Value ($000) $18,655 Shares 6,568,703 Est. Cost $2.84 Unrealized —

SLV ISHARES SILVER TR 1.3%

Value ($000) $17,880 Shares 576,960 Est. Cost $30.99 Unrealized —

HBM HUDBAY MINERALS INC 1.0%

Value ($000) $14,244 Shares 1,876,665 Est. Cost $8.14 Unrealized 0.0%

KWEB KRANESHARES TRUST 0.5%

Value ($000) $6,758 Shares 193,593 Est. Cost $34.91 Unrealized —

RNWWW RENEW ENERGY GLOBAL PLC 0.0%

Value ($000) $6 Shares 64,966 Est. Cost $1.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	7,764,700	$339,317	24.8%	—	—	Put	464287234
ASHR	DBX ETF TR	5,264,000	$139,864	10.2%	$26.52	—	Call	233051879
EGO	ELDORADO GOLD CORP NEW	6,689,304	$112,514	8.2%	$10.78	+39.4%	COM	284902509
IBN	ICICI BANK LIMITED	2,581,585	$81,372	6.0%	$26.60	—	ADR	45104G104
BABA	ALIBABA GROUP HLDG LTD	558,973	$73,913	5.4%	$132.23	—	SPONSORED ADS	01609W102
SE	SEA LTD	551,700	$71,991	5.3%	$99.34	—	SPONSORD ADS	81141R100
CPA	COPA HOLDINGS SA	777,929	$71,927	5.3%	$84.32	+4.4%	CL A	P31076105
PBR	PETROLEO BRASILEIRO SA PETRO	4,516,382	$64,765	4.7%	$14.34	—	SPONSORED ADR	71654V408
AU	ANGLOGOLD ASHANTI PLC	1,340,959	$49,776	3.6%	$21.89	+34.2%	COM SHS	G0378L100
TECK	TECK RESOURCES LTD	1,275,810	$46,478	3.4%	$41.48	0.0%	CL B	878742204
HDB	HDFC BANK LTD	595,900	$39,592	2.9%	$66.44	—	SPONSORED ADS	40415F101
MMYT	MAKEMYTRIP LIMITED MAURITIUS	397,945	$38,995	2.9%	$84.68	+21.9%	SHS	V5633W109
BAP	CREDICORP LTD	198,875	$37,023	2.7%	$172.32	+2.0%	COM	G2519Y108
ASHR	DBX ETF TR	1,053,785	$27,999	2.0%	$26.52	—	XTRACK HRVST CSI	233051879
FXI	ISHARES TR	764,500	$27,400	2.0%	—	—	Put	464287184
PDD	PDD HOLDINGS INC	196,437	$23,248	1.7%	$124.06	—	SPONSORED ADS	722304102
RNW	RENEW ENERGY GLOBAL PLC	3,654,991	$21,528	1.6%	$7.64	-15.6%	CL A SHS	G7500M104
FNV	FRANCO NEV CORP	134,994	$21,270	1.6%	$116.46	+19.6%	COM	351858105
NXPI	NXP SEMICONDUCTORS N V	107,428	$20,418	1.5%	$209.53	0.0%	COM	N6596X109
GGB	GERDAU SA	6,568,703	$18,655	1.4%	$2.84	—	SPON ADR REP PFD	373737105
SLV	ISHARES SILVER TR	576,960	$17,880	1.3%	$30.99	—	ISHARES	46428Q109
HBM	HUDBAY MINERALS INC	1,876,665	$14,244	1.0%	$8.14	0.0%	COM	443628102
KWEB	KRANESHARES TRUST	193,593	$6,758	0.5%	$34.91	—	CSI CHI INTERNET	500767306
RNWWW	RENEW ENERGY GLOBAL PLC	64,966	$6	0.0%	$1.09	—	*W EXP 08/21/202	G7500M120