Portfolio (Quarterly) Guide ↗

RWC ASSET ADVISORS (US) LLC

· CIK 0001638081

13F Portfolio $528M AUM 13 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds

Q1 2026 Q4 2025 · All 13 New

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	SQM	SOCIEDAD QUIMICA Y MINERA DE	Basic Materials	1,462,794.0	$100.6M	19.07%	NEW	—	$68.80	+15.8%
2	VALE	VALE S A	Basic Materials	6,523,762.0	$85.0M	16.10%	NEW	—	$13.03	+18.3%
3	EMBJ	EMBRAER S.A.	Industrials	1,239,061.0	$79.8M	15.11%	NEW	—	$64.37	-5.7%
4	GFI	GOLD FIELDS LTD	Basic Materials	1,730,879.0	$75.6M	14.32%	NEW	—	$43.66	-11.6%
5	BABA	ALIBABA GROUP HLDG LTD	Consumer Cyclical	450,350.0	$66.0M	12.51%	NEW	—	$146.58	-27.0%
6	MELI	MERCADOLIBRE INC	Consumer Cyclical	24,608.0	$49.6M	9.39%	NEW	—	$2014.26	-18.8%
7	BZ	KANZHUN LIMITED	Industrials	1,509,151.0	$30.8M	5.83%	NEW	—	$20.38	-32.8%
8	GGAL	GRUPO FINANCIERO GALICIA S.A	Financial Services	564,498.0	$30.4M	5.77%	NEW	—	$53.94	+4.5%
9	PDD	PDD HOLDINGS INC	Consumer Cyclical	24,040.0	$2.7M	0.52%	NEW	—	$113.39	-29.8%
10	CAAP	CORPORACION AMER ARPTS S A	Industrials	82,327.0	$2.1M	0.41%	NEW	—	$26.00	+5.9%
11	—	GRUPO AEROMEXICO SAB DE CV	—	92,412.0	$2.0M	0.38%	NEW	—	$21.96	—
12	LOMA	LOMA NEGRA C I A S A MTN 14	Basic Materials	144,315.0	$1.9M	0.35%	NEW	—	$12.95	-6.6%
13	SCCO	SOUTHERN COPPER CORP	Basic Materials	9,348.0	$1.3M	0.25%	NEW	—	$143.47	+34.5%

① 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

Basic Materials 50.3%

Consumer Cyclical 22.5%

Industrials 21.4%

Financial Services 5.8%