Carrhae Capital LLP

Q3 2025 13F-HR/A Holdings

Location
London, X0
Holdings as of
9/30/2025
Date filed
11/20/2025
Form type
13F-HR/A - RESTATEMENT
Num holdings
27
Total value ($000)
$1,697,770
Net value change ($000)
+329,986 (24.1%)
New positions
9
Sold out positions
11
Turnover %
58.3%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Prev filing: 8/5/2025 Next filing: 2/6/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
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)
IBN 120,997 NEW
EGO 52,473 57.1%
GDS 51,043 400.5%
SNPS 47,472 NEW
YMM 34,692 NEW
BABA 29,654 49.9%
SE 29,225 44.2%
EQT 28,306 NEW
AU 22,959 42.0%
WRD 16,153 NEW
Top Reduces (Value $000, Stocks/ETFs)
CPA -56,320 -100.0%
YUMC -48,868 -100.0%
BAP -47,790 -100.0%
TECK -44,718 -100.0%
LVS -41,849 -100.0%
EMBJ -41,079 -36.6%
FCX -33,210 -56.8%
BEKE -24,147 -100.0%
SLV -21,548 -100.0%
MMYT -21,127 -37.4%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 644,471 (38.0% 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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type