SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Carrhae Capital LLP

CIK 0001555254 · 112 JERMYN STREET, LONDON, X0, SW1Y 6LS · 00442032054850

Reported Value
$1.4B
Q1 2025
Positions
24
Filings on Record
47
2019–present window
Filed
May 2, 2025
original filing

Summary

Carrhae Capital Llp reported $1.4B in U.S.-listed holdings across 24 positions for Q1 2025.

Its largest position, ELD, represents 8.2% of the portfolio.

Compared with Q4 2024, the fund opened 10 new positions and exited 11.

Reported Value by Quarter

13F Reported Value
Q2 ’24: $506MQ2 ’24Q3 ’24: $291MQ3 ’24Q4 ’24: $1.2BQ4 ’24Q1 ’25: $1.4BQ1 ’25Q2 ’25: $1.4BQ2 ’25Q3 ’25: $1.7BQ3 ’25Q4 ’25: $2.6BQ4 ’25Q1 ’26: $3.3BQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 40.9%ADR: 27.3%Other: 17.5%Common Stock: 14.2%
  • ETP · 40.9% · $559M
  • ADR · 27.3% · $374M
  • Other · 17.5% · $240M
  • Common Stock · 14.2% · $195M

Quarter-over-Quarter Changes full breakdown →

Holdings — Q1 2025

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#IssuerClass% PortfolioValueShares

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.3B29May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.6B35Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.7B27Nov 20, 2025RESTATEMENTchanges · EDGAR ↗
Q2 2025$1.4B28Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.4B24May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.2B25Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$291M15Nov 27, 202413F-HRchanges · EDGAR ↗
Q2 2024$506M21Aug 21, 202413F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.