Carrhae Capital LLP

Q2 2025 13F-HR Detailed Holdings

Location

London, X0

Holdings as of

6/30/2025

Date filed

8/5/2025

Form type

13F-HR

Num holdings

Total value ($000)

$1,367,784

Net value change ($000)

—

New positions

Sold out positions

Turnover %

100.0%

Sector allocation + QoQ delta (equities-only)

Holdings broken out by other managers reported in the original SEC filing. View aggregated holdings

You are on the SEC detailed breakdown page. Rows are shown as reported in the filing (including other manager, discretion, and voting authority fields), and are not merged like the standard holdings view. Switch to aggregated holdings.

Snapshot: Change Analysis

Compared to previous filing: —

Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.

Top Adds (Value $000, Stocks/ETFs)

EMBJ	112,328	—
EGO	91,825	—
SE	66,049	—
BABA	59,395	—
FCX	58,482	—
TSM	58,435	—
MMYT	56,517	—
CPA	56,320	—
AU	54,689	—
PDD	52,706	—

Top Reduces (Value $000, Stocks/ETFs)

—

Instrument mix + QoQ Δ (ex-options)

Derivatives reported exposure ($000): 322,355 (23.6% of total reported value)

How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.

Filter:

Instrument:

Issuer Name	Ticker	Sector	Industry	Class	History	Value ($000)	%	Shares	Shares Δ	Shares Δ%	Value Δ ($000)	Value Δ%	Principal	Option Type	Discretion	Other Manager	Sole	Shared	None