RWC ASSET ADVISORS (US) LLC
CIK 1638081 · View on SEC EDGAR ↗
- Portfolio value
- $464.4M
- Positions
- 14
- As of
- March 31, 2026 Data as of Q1 2026
Portfolio value QoQ: -12.0% 13F does not disclose cash
- Top 10 holdings weight
- 98.63%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 9
- Effective number of positions
- 7.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q1 2026: 26.25% Est. buys $130,240,759 · sells $201,831,921
Median holding: 4.0 quarters Tracked Q4 2024–Q1 2026 · 53.8% still held
- New positions
- 2
- Increased
- 1
- Decreased
- 8
- Closed
- 1
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +41.7% · S&P 500: +9.2%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.7% · Options excluded: 0.0%
Sector breakdown
Full portfolio 14 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SQM Sociedad Quimica y Minera S.A. Common Stock | $84,941,997 | 18.29% | 1,049,444 | $-15,698,230 | Down ×1 | ||
| PBR Petroleo Brasileiro S.A. Petrobras ADS | $82,491,252 | 17.76% | 3,975,482 | ||||
| VALE VALE S.A. American Depositary Shares Each Representing one common share | $76,764,175 | 16.53% | 4,824,901 | $-8,240,444 | Down ×1 | ||
| EMBJ Embraer S.A. Common Stock | $54,083,307 | 11.65% | 911,414 | $-25,675,050 | Down ×1 | ||
| GFI Gold Fields Limited American Depositary Shares | $48,323,442 | 10.41% | 1,064,393 | $-27,246,735 | Down ×1 | ||
| BZ KANZHUN LIMITED - American Depository Shares | $38,912,264 | 8.38% | 2,906,069 | $8,155,767 | Up ×1 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $29,044,775 | 6.25% | 85,944 | Up ×1 | |||
| BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share | $25,492,217 | 5.49% | 203,190 | $-40,520,086 | Down ×4 | ||
| GGAL Grupo Financiero Galicia S.A. - American Depositary Shares, Class B Shares underlying | $15,879,812 | 3.42% | 339,966 | $-14,569,210 | Down ×2 | ||
| CAAP Corporacion America Airports SA Common Shares | $2,082,050 | 0.45% | 82,327 | $-58,452 | |||
| PDD PDD Holdings Inc. - American Depositary Shares | $2,015,705 | 0.43% | 19,727 | $-710,191 | Down ×1 | ||
| LOMA Loma Negra Compania Industrial Argentina Sociedad Anonima ADS | $1,600,453 | 0.34% | 144,315 | $-268,426 | |||
| SCCO Southern Copper Corporation Common Stock | $1,467,156 | 0.32% | 8,527 | $125,998 | Down ×1 | ||
| AERO Grupo Aeromexico, S.A.B. de C.V. American Depositary Shares (each representing ten (10) Common Shares) | $1,294,692 | 0.28% | 92,412 | $-734,676 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| BABA | Trimmed | -247K | -$40.5M |
| GFI | Trimmed | -666K | -$27.2M |
| EMBJ | Trimmed | -328K | -$25.7M |
| SQM | Trimmed | -413K | -$15.7M |
| GGAL | Trimmed | -225K | -$14.6M |
| VALE | Trimmed | -1.7M | -$8.2M |
| BZ | Bought more | +1.4M | +$8.2M |
| AERO | Price move only | +0 | -$735K |
| PDD | Trimmed | -4K | -$710K |
| LOMA | Price move only | +0 | -$268K |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| NIO | Dec. 31, 2025 | 10,467,320 | $79,760,978 | -10.3% |
| CX | March 31, 2025 | 12,039,601 | $67,903,350 | 91.0% |
| MELI | March 31, 2026 | 24,608 | $49,566,910 | 12.0% |
| PDD | June 30, 2025 | 375,857 | $44,482,676 | -15.2% |
| LI | Dec. 31, 2025 | 1,638,544 | $41,520,705 | -22.8% |
| PBR | Dec. 31, 2025 | 1,518,583 | $19,225,261 | 61.8% |
| CPNG | Dec. 31, 2025 | 526,455 | $16,951,851 | -31.7% |
| TEO | June 30, 2025 | 763,829 | $7,783,418 | 50.5% |
| KOS | Sept. 30, 2025 | 2,255,539 | $3,879,527 | 81.6% |
| YPF | Dec. 31, 2025 | 101,982 | $2,477,143 | 41.9% |
| NTES | June 30, 2025 | 22,779 | $2,344,415 | -5.1% |
| CIBXXXX | June 30, 2025 | 39,108 | $1,572,142 | No longer tracked |
| BSAC | Sept. 30, 2025 | 48,506 | $1,223,321 | 31.4% |
| GTE | Dec. 31, 2025 | 226,147 | $971,941 | No longer tracked |