Q1 2025 · 13F-HR
Carrhae Capital LLPholdings as filed
Filed 2025-05-02 · accession 0001172661-25-001564
$1.37B
Reported value
24
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287234 | EEM | ISHARES TR | $339.3M | 24.8% | 7,764,700 | PUT | SOLE |
| 233051879 | ASHR | DBX ETF TR | $139.9M | 10.2% | 5,264,000 | CALL | SOLE |
| 284902509 | EGO | ELDORADO GOLD CORP NEW | $112.5M | 8.23% | 6,689,304 | Common | SOLE |
| 45104G104 | IBN | ICICI BANK LIMITED | $81.4M | 5.95% | 2,581,585 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $73.9M | 5.41% | 558,973 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $72.0M | 5.27% | 551,700 | Common | SOLE |
| P31076105 | CPA | COPA HOLDINGS SA | $71.9M | 5.26% | 777,929 | Common | SOLE |
| 71654V408 | PBR | PETROLEO BRASILEIRO SA PETRO | $64.8M | 4.74% | 4,516,382 | Common | SOLE |
| G0378L100 | AU | ANGLOGOLD ASHANTI PLC | $49.8M | 3.64% | 1,340,959 | Common | SOLE |
| 878742204 | TECK | TECK RESOURCES LTD | $46.5M | 3.40% | 1,275,810 | Common | SOLE |
| 40415F101 | HDB | HDFC BANK LTD | $39.6M | 2.90% | 595,900 | Common | SOLE |
| V5633W109 | MMYT | MAKEMYTRIP LIMITED MAURITIUS | $39.0M | 2.85% | 397,945 | Common | SOLE |
| G2519Y108 | BAP | CREDICORP LTD | $37.0M | 2.71% | 198,875 | Common | SOLE |
| 233051879 | ASHR | DBX ETF TR | $28.0M | 2.05% | 1,053,785 | Common | SOLE |
| 464287184 | FXI | ISHARES TR | $27.4M | 2.00% | 764,500 | PUT | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $23.2M | 1.70% | 196,437 | Common | SOLE |
| G7500M104 | RNW | RENEW ENERGY GLOBAL PLC | $21.5M | 1.57% | 3,654,991 | Common | SOLE |
| 351858105 | FNV | FRANCO NEV CORP | $21.3M | 1.56% | 134,994 | Common | SOLE |
| N6596X109 | NXPI | NXP SEMICONDUCTORS N V | $20.4M | 1.49% | 107,428 | Common | SOLE |
| 373737105 | GGB | GERDAU SA | $18.7M | 1.36% | 6,568,703 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $17.9M | 1.31% | 576,960 | Common | SOLE |
| 443628102 | HBM | HUDBAY MINERALS INC | $14.2M | 1.04% | 1,876,665 | Common | SOLE |
| 500767306 | KWEB | KRANESHARES TRUST | $6.8M | 0.49% | 193,593 | Common | SOLE |
| G7500M120 | RNWWW | RENEW ENERGY GLOBAL PLC | $6,256 | 0.00% | 64,966 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.