SEC 13F Intelligence

Managers / Q4 2023 · view latest →

ARGA Investment Management, LP

CIK 0001556915 · 1010 WASHINGTON BLVD, 6TH FL, STAMFORD, CT, 06901 · 1-203-614-0800

Reported Value
$2.9B
Q4 2023
Positions
144
Filings on Record
38
2019–present window
Filed
Feb 8, 2024
original filing

Summary

Arga Investment Management, LP reported $2.9B in U.S.-listed holdings across 144 positions for Q4 2023.

Its largest position, TSM, represents 9.5% of the portfolio.

Compared with Q3 2023, the fund opened 40 new positions and exited 14.

Portfolio Metrics

Turnover
+11.1%
vs prior filed quarter
Top-10 Concentration
+64.4%
share of reported value
Largest Position
+9.5%
Taiwan Semiconductor Sp Adr
New / Exited
40 / 14
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $613MQ4 ’18Q1 ’19: $667MQ2 ’19: $684MQ3 ’19: $803MQ4 ’19: $880MQ4 ’19Q1 ’20: $580MQ2 ’20: $905MQ3 ’20: $1.1BQ4 ’20: $1.6BQ4 ’20Q1 ’21: $1.3BQ2 ’21: $1.3BQ3 ’21: $1.4BQ4 ’21: $1.6BQ4 ’21Q1 ’22: $1.8BQ2 ’22: $1.8BQ3 ’22: $1.8BQ4 ’22: $1.8BQ4 ’22Q1 ’23: $2.7BQ2 ’23: $2.8BQ3 ’23: $2.5BQ4 ’23: $2.9BQ4 ’23Q1 ’24: $3.0BQ2 ’24: $2.8BQ3 ’24: $3.0BQ4 ’24: $3.1BQ4 ’24Q1 ’25: $3.0BQ2 ’25: $3.7BQ3 ’25: $3.8BQ4 ’25: $3.7BQ4 ’25Q1 ’26: $3.0Bfilingsflow.com

Portfolio Composition

By security type
ADR: 47.8%Common Stock: 31.2%Other: 20.3%ETP: 0.7%MLP: 0.0%
  • ADR · 47.8% · $1.4B
  • Common Stock · 31.2% · $900M
  • Other · 20.3% · $585M
  • ETP · 0.7% · $21M
  • MLP · 0.0% · $289,595

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CREDICORP LTDNEW+731.9K731.9K+$110M$110M
WFCWELLS FARGO & CONEW+142.1K142.1K+$7M$7M
LDOSLEIDOS HOLDINGS INCNEW+55.6K55.6K+$6M$6M
VIPSVIPSHOP HOLDINGS LTD - ADRNEW+338.0K338.0K+$6M$6M
GENPACT LTDNEW+169.4K169.4K+$6M$6M
TSNTYSON FOODS INC-CL ANEW+87.0K87.0K+$5M$5M
NWLNEWELL BRANDS INCNEW+526.4K526.4K+$5M$5M
NYCBEURNEW YORK COMMUNITY BANCORPNEW+305.6K305.6K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TSMTAIWAN SEMICONDUCTOR-SP ADRhistory →Equity Depositary Receipts9.47%$273M2.63M
2MELCO RESORTS & ENTERT-ADREquity Depositary Receipts8.50%$245M27.64M
3PBRPETROLEO BRASILEIRO-SPON ADRhistory →Equity Depositary Receipts7.70%$222M13.90M
4BABAALIBABA GROUP HOLDING-SP ADRhistory →Equity Depositary Receipts6.91%$199M2.57M
5NXP SEMICONDUCTORS NVCommon Stocks6.62%$191M831.5K
6UBS GROUP AG-REGCommon Stocks6.42%$185M5.97M
7CLVTRIP.COM GROUP LTD-ADRhistory →Equity Depositary Receipts5.74%$165M4.60M
8LVSLAS VEGAS SANDS CORPhistory →Common Stocks5.31%$153M3.11M
9BIDUNBAIDU INC - SPON ADRhistory →Equity Depositary Receipts3.96%$114M960.1K
10CREDICORP LTDCommon Stocks3.81%$110M731.9K
11NTRNUTRIEN LTDhistory →Common Stocks3.35%$97M1.72M
12WBWEIBO CORP-SPON ADRhistory →Equity Depositary Receipts2.59%$75M6.83M
13QCOMQUALCOMM INChistory →Common Stocks2.36%$68M470.9K
14BBDBANCO BRADESCO-ADRhistory →Equity Depositary Receipts2.08%$60M17.17M
15TRVCCITIGROUP INChistory →Common Stocks1.88%$54M1.06M
16MHKMOHAWK INDUSTRIES INChistory →Common Stocks1.79%$52M500.2K
17GILDGILEAD SCIENCES INChistory →Common Stocks1.78%$51M635.1K
18SUSUNCOR ENERGY INChistory →Common Stocks1.60%$46M1.44M
19JANUS HENDERSON GROUP PLCCommon Stocks1.50%$43M1.43M
20MUMICRON TECHNOLOGY INChistory →Common Stocks1.44%$41M485.8K
21TPRTAPESTRY INChistory →Common Stocks1.32%$38M1.04M
22CMCSACOMCAST CORP-CLASS Ahistory →Common Stocks1.30%$37M852.3K
23AERCAP HOLDINGS NVCommon Stocks1.29%$37M502.3K
24HPHELMERICH & PAYNEhistory →Common Stocks1.11%$32M887.1K
25DOWDOW INChistory →Common Stocks0.94%$27M492.7K
26ISHARES MSCI TAIWAN ETFETF0.65%$19M408.8K
27DISWALT DISNEY CO/THEhistory →Common Stocks0.60%$17M193.0K
28AAALCOA CORPhistory →Common Stocks0.58%$17M493.6K
29LEALEAR CORPhistory →Common Stocks0.53%$15M107.6K
30MOMOHELLO GROUP INC -SPN ADRhistory →Equity Depositary Receipts0.50%$14M2.05M
31SLMSLM CORPCommon Stocks0.33%$10M497.1K
32PVHPVH CORPCommon Stocks0.31%$9M74.1K
33BACBANK OF AMERICA CORPCommon Stocks0.29%$8M251.6K
34GSGOLDMAN SACHS GROUP INCCommon Stocks0.29%$8M21.8K
35WFCWELLS FARGO & COCommon Stocks0.24%$7M142.1K
36WHRWHIRLPOOL CORPCommon Stocks0.23%$7M53.4K
37LDOSLEIDOS HOLDINGS INCCommon Stocks0.21%$6M55.6K
38VIPSVIPSHOP HOLDINGS LTD - ADREquity Depositary Receipts0.21%$6M338.0K
39GENPACT LTDCommon Stocks0.20%$6M169.4K
40SABRSABRE CORPCommon Stocks0.20%$6M1.28M
41TSNTYSON FOODS INC-CL ACommon Stocks0.16%$5M87.0K
42NWLNEWELL BRANDS INCCommon Stocks0.16%$5M526.4K
43MANMANPOWERGROUP INCCommon Stocks0.11%$3M39.5K
44NYCBEURNEW YORK COMMUNITY BANCORPCommon Stocks0.11%$3M305.6K
45ALSALLSTATE CORPCommon Stocks0.09%$3M19.3K
46ISHARES MSCI CHINA ETFETF0.09%$2M60.8K
47ALAIR LEASE CORPCommon Stocks0.08%$2M57.4K
48AVTAVNET INCCommon Stocks0.08%$2M46.9K
49RTXRTX CORPCommon Stocks0.08%$2M26.3K
50WCCWESCO INTERNATIONAL INCCommon Stocks0.08%$2M12.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.0B109Apr 30, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.7B110Jan 30, 202613F-HRchanges · EDGAR ↗
Q3 2025$3.8B110Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.7B123Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$3.0B121Apr 30, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.1B122Jan 27, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.0B128Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.8B128Jul 31, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.0B138Apr 12, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.9B144Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.5B118Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.8B123Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.7B120May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.8B114Feb 9, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$1.8B114Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.8B74Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.8B71May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.6B70Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.4B71Oct 29, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.3B69Jul 30, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.3B70Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.6B71Jan 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.1B75Nov 2, 202013F-HRchanges · EDGAR ↗
Q2 2020$905M74Jul 31, 202013F-HRchanges · EDGAR ↗
Q1 2020$580M47Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$880M57Jan 31, 202013F-HRchanges · EDGAR ↗
Q3 2019$803M61Oct 31, 201913F-HRchanges · EDGAR ↗
Q2 2019$684M57Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$667M67May 2, 201913F-HRchanges · EDGAR ↗
Q4 2018$613M71Feb 5, 201913F-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 ↗.