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Portfolio (Quarterly) Guide ↗

Carrhae Capital LLP

· CIK 0001555254
13F Portfolio $3.6B AUM 29 positions Filed Jul 15, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 9 New 9 Added 10 Reduced 9 Exited
Page 2 of 2  ·  29 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 NTES NETEASE COM INC Technology 306,577.0 $39.3M 1.08% +237K +343.2% $128.14 -3.7%
22 SLB SLB LIMITED Energy 834,322.0 $38.8M 1.07% +278K +49.8% $46.49 +15.3%
23 CPNG COUPANG INC Consumer Cyclical 2,198,457.0 $38.2M 1.05% NEW $17.37 -4.8%
24 HAL HALLIBURTON CO Energy 726,193.0 $24.7M 0.68% +128K +21.5% $33.95 +1.4%
25 BBD BANCO BRADESCO S A Financial Services 4,484,271.0 $15.6M 0.43% NEW $3.47 -6.1%
26 TS TENARIS S A Energy 278,311.0 $15.4M 0.43% -59K -17.5% $55.49 -2.9%
27 MMYT MAKEMYTRIP LIMITED MAURITIUS Consumer Cyclical 221,385.0 $11.8M 0.33% +71K +47.0% $53.29 +11.0%
28 VNET VNET GROUP INC Technology 1,467,195.0 $11.8M 0.33% -46K -3.0% $8.04 -18.0%
29 BEKE KE HLDGS INC Real Estate 697,760.0 $10.1M 0.28% NEW $14.53 +23.0%
Page 2 of 2  ·  29 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 30.4%
Consumer Cyclical 17.6%
Industrials 14.2%
Energy 12.3%
Financial Services 12.0%
Basic Materials 9.0%
Consumer Defensive 3.9%
Real Estate 0.7%