Fund HoldingsCarrhae Capital LLP

Total Portfolio Value
$3.62B
Total Bought
$1.39B
Total Sold
$1.12B
Net Transaction
+$272.14M
Filing Period:
Securities
SharesValue ($K)
Q1 2026
Q2 2026
Change
Q1 2026
Q2 2026
Weight (%)
Change
ISHARES TR(Put)08,027,800+8,027,8000549,182+549,182
SPDR GOLD TR(GLD)(Call)135,800608,000+472,20058,433223,975+165,542
SEA LTD(SE)01,466,148+1,466,1480140,5013.88%+140,501
ALIBABA GROUP HLDG LTD(BABA)(Call)365,6001,440,800+1,075,20045,868138,288+92,420
PETROLEO BRASILEIRO S A(PBR)05,411,909+5,411,909087,4562.41%+87,456
GRUPO FINANCIERO GALICIA S.A(GGAL)01,360,220+1,360,220068,0521.88%+68,052
ASML HLDG NV
N Y REGISTRY SHS
032,056+32,056063,7731.76%+63,773
PILGRIMS PRIDE CORP(PPC)01,856,460+1,856,460052,1851.44%+52,185
COUPANG INC(CPNG)02,198,457+2,198,457038,1871.05%+38,187
ANGLOGOLD ASHANTI PLC(AU)252,966756,610+503,64424,62961,2021.69%+36,573
NETEASE COM INC(NTES)69,167306,577+237,4107,74339,2851.08%+31,542
BANCO BRADESCO S A04,484,271+4,484,271015,5600.43%+15,560
KRANESHARES TRUST(Call)1,859,2002,691,600+832,40052,85765,863+13,006
GDS HLDGS LTD(GDS)2,184,6623,300,419+1,115,75788,02099,1122.74%+11,092
SLB LIMITED(SLB)556,816834,322+277,50628,61538,7881.07%+10,173
KE HLDGS INC(BEKE)0697,760+697,760010,1380.28%+10,138
TAIWAN SEMICONDUCTOR MANUFAC(TSM)558,880414,556-144,324188,873197,9805.47%+9,106
MAKEMYTRIP LIMITED MAURITIUS
SHS
150,562221,385+70,8235,61411,7980.33%+6,183
COPA HOLDINGS SA(CPA)518,114400,262-117,85258,86362,2691.72%+3,406
HALLIBURTON CO(HAL)597,721726,193+128,47223,30524,6540.68%+1,349
VNET GROUP INC(VNET)1,513,0551,467,195-45,86012,69511,7960.33%-898
TENARIS S A(TS)337,428278,311-59,11719,63215,4430.43%-4,188
RENEW ENERGY GLOBAL PLC(RNW)1,277,0710-1,277,0715,8490-5,849
VISTA ENERGY S.A.B. DE C.V.(VIST)79,6920-79,6926,0140-6,014
ARCELORMITTAL SA LUXEMBOURG(MT)196,6770-196,67710,2230-10,223
UNITED STS OIL FD LP(USO)(Put)596,800596,800075,94363,523-12,419
ICICI BANK LIMITED(IBN)5,039,7433,496,179-1,543,564130,529101,4942.80%-29,035
HESAI GROUP(HSAI)1,568,3430-1,568,34329,9870-29,987
TAIWAN SEMICONDUCTOR MANUFAC(TSM)(Put)100,3000-100,30033,8960-33,896
EMBRAER S.A.(EMBJ)2,888,6802,029,766-858,914171,414129,4993.58%-41,915
DBX ETF TR(Call)1,335,3000-1,335,30043,5840-43,584
JBS N.V.(JBS)2,546,3450-2,546,34545,7320-45,732
ELDORADO GOLD CORP NEW(EGO)4,897,7513,909,137-988,614168,140121,5353.36%-46,605
PDD HOLDINGS INC(PDD)515,2740-515,27452,6510-52,651
ITAU UNIBANCO HLDG S A(ITUB)20,443,1339,643,006-10,800,127171,31378,7832.18%-92,530
ALIBABA GROUP HLDG LTD(BABA)1,334,070500,160-833,910167,37248,0051.33%-119,367
ISHARES SILVER TR(SLV)(Call)2,627,2000-2,627,200179,0170-179,017
INVESCO QQQ TR(Put)2,477,8001,444,000-1,033,8001,430,1371,063,362-366,775
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