Carrhae Capital Llp
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$3.34B
Q ending 2026-03-31
Prior quarter
$2.64B
Q ending 2025-12-31
Change
+26.2% QoQ · +144.1% YoY
Positions
29
reported holdings
Largest positions
All 29 reported positions, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Invesco Qqq Tr | QQQ | Put | $1.43B | 2.5M |
| Taiwan Semiconductor Manufac | TSM | Shares | $188.9M | 559K |
| Ishares Silver Tr | SLV | Call | $179.0M | 2.6M |
| Embraer S.A. | EMBJ | Shares | $171.4M | 2.9M |
| Itau Unibanco Hldg S A | ITUB | Shares | $171.3M | 20.4M |
| Eldorado Gold Corp New | EGO | Shares | $168.1M | 4.9M |
| Alibaba Group Hldg Ltd | BABA | Shares | $167.4M | 1.3M |
| Icici Bank Limited | IBN | Shares | $130.5M | 5.0M |
| Gds Hldgs Ltd | GDS | Shares | $88.0M | 2.2M |
| United Sts Oil Fd Lp | USO | Put | $75.9M | 597K |
| Copa Holdings Sa | Shares | $58.9M | 518K | |
| Spdr Gold Tr | GLD | Call | $58.4M | 136K |
| Kraneshares Trust | KWEB | Call | $52.9M | 1.9M |
| Pdd Holdings Inc | PDD | Shares | $52.7M | 515K |
| Alibaba Group Hldg Ltd | BABA | Call | $45.9M | 366K |
| Jbs N.V. | Shares | $45.7M | 2.5M | |
| Dbx Etf Tr | ASHR | Call | $43.6M | 1.3M |
| Taiwan Semiconductor Manufac | TSM | Put | $33.9M | 100K |
| Hesai Group | HSAI | Shares | $30.0M | 1.6M |
| Slb Limited | SLB | Shares | $28.6M | 557K |
| Anglogold Ashanti Plc | Shares | $24.6M | 253K | |
| Halliburton Co | HAL | Shares | $23.3M | 598K |
| Tenaris S A | TS | Shares | $19.6M | 337K |
| Vnet Group Inc | VNET | Shares | $12.7M | 1.5M |
| Arcelormittal Sa Luxembourg | MT | Shares | $10.2M | 197K |
| Netease Com Inc | NTES | Shares | $7.7M | 69K |
| Vista Energy S.A.B. De C.V. | VIST | Shares | $6.0M | 80K |
| Renew Energy Global Plc | Shares | $5.8M | 1.3M | |
| Makemytrip Limited Mauritius | Shares | $5.6M | 151K |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.