Fund HoldingsCarrhae Capital LLP

Total Portfolio Value
$1.37B
Total Bought
$604.33M
Total Sold
$617.60M
Net Transaction
-$13.27M
Filing Period:
Securities
SharesValue ($K)
Q1 2025
Q2 2025
Change
Q1 2025
Q2 2025
Weight (%)
Change
ISHARES SILVER TR(SLV)(Call)03,647,500+3,647,5000119,674+119,674
EMBRAER S.A.(EMBJ)01,973,790+1,973,7900112,3288.21%+112,328
FREEPORT-MCMORAN INC(FCX)01,349,063+1,349,063058,4824.28%+58,482
TAIWAN SEMICONDUCTOR MFG LTD(TSM)0258,001+258,001058,4354.27%+58,435
YUM CHINA HLDGS INC(YUMC)01,092,990+1,092,990048,8683.57%+48,868
LAS VEGAS SANDS CORP(LVS)0961,827+961,827041,8493.06%+41,849
PDD HOLDINGS INC(PDD)196,437503,595+307,15823,24852,7063.85%+29,458
KE HLDGS INC(BEKE)01,361,179+1,361,179024,1471.77%+24,147
FRANCO NEV CORP(FNV)134,994274,946+139,95221,27045,0693.30%+23,799
VISTA ENERGY S.A.B. DE C.V.(VIST)0400,582+400,582019,1521.40%+19,152
NEW ORIENTAL ED & TECHNOLOGY(EDU)0346,937+346,937018,7171.37%+18,717
MAKEMYTRIP LIMITED MAURITIUS
SHS
397,945576,586+178,64138,99556,5174.13%+17,522
GDS HLDGS LTD(GDS)0416,903+416,903012,7450.93%+12,745
CREDICORP LTD(BAP)198,875213,806+14,93137,02347,7903.49%+10,767
ANGLOGOLD ASHANTI PLC(AU)1,340,9591,200,111-140,84849,77654,6894.00%+4,913
EHANG HLDGS LTD0271,700+271,70004,7170.34%+4,717
ISHARES SILVER TR(SLV)576,960656,743+79,78317,88021,5481.58%+3,668
HUDBAY MINERALS INC(HBM)1,876,6651,544,993-331,67214,24416,3921.20%+2,148
RENEW ENERGY GLOBAL PLC(RNW)64,96664,9660690.00%+2
TECK RESOURCES LTD(TECK)1,275,8101,107,431-168,37946,47844,7183.27%-1,760
RENEW ENERGY GLOBAL PLC(RNW)3,654,9912,767,298-887,69321,52819,1221.40%-2,406
SEA LTD(SE)551,700412,960-138,74071,99166,0494.83%-5,943
NXP SEMICONDUCTORS N V
COM
107,42863,342-44,08620,41813,8401.01%-6,578
KRANESHARES TRUST193,5930-193,5936,7580-6,758
ALIBABA GROUP HLDG LTD(BABA)558,973523,722-35,25173,91359,3954.34%-14,518
COPA HOLDINGS SA(CPA)777,929512,143-265,78671,92756,3204.12%-15,607
GERDAU SA(GGB)6,568,7030-6,568,70318,6550-18,655
ELDORADO GOLD CORP NEW(EGO)6,689,3044,514,485-2,174,819112,51491,8256.71%-20,689
ISHARES TR(Put)764,5000-764,50027,4000-27,400
DBX ETF TR1,053,7850-1,053,78527,9990-27,999
DBX ETF TR(Call)5,264,0003,865,000-1,399,000139,864106,442-33,422
HDFC BANK LTD(HDB)595,9000-595,90039,5920-39,592
PETROLEO BRASILEIRO SA PETRO(PBR)4,516,3820-4,516,38264,7650-64,765
ICICI BANK LIMITED(IBN)2,581,5850-2,581,58581,3720-81,372
ISHARES TR(Put)7,764,7001,995,000-5,769,700339,31796,239-243,079
Page 1 of 1