SEC 13F Intelligence

Managers / Q2 2025 · view latest →

RWC ASSET ADVISORS (US) LLC

CIK 0001638081 · 2640 S. BAYSHORE DR., SUITE 201, MIAMI, FL, 33133 · 305-602-9530

Reported Value
$415M
Q2 2025
Positions
16
Filings on Record
45
2019–present window
Filed
Aug 11, 2025
original filing

Summary

Rwc Asset Advisors (US) LLC reported $415M in U.S.-listed holdings across 16 positions for Q2 2025.

Its largest position, EDG, represents 18.7% of the portfolio.

Compared with Q1 2025, the fund opened 1 new position and exited 4.

Portfolio Metrics

Turnover
+4.9%
vs prior filed quarter
Top-10 Concentration
+96.9%
share of reported value
Largest Position
+18.7%
Gold Fields
New / Exited
1 / 4
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: $371MQ4 ’18Q1 ’19: $595MQ2 ’19: $780MQ3 ’19: $769MQ4 ’19: $961MQ4 ’19Q1 ’20: $906MQ2 ’20: $1.2BQ3 ’20: $1.6BQ4 ’20: $1.8BQ4 ’20Q1 ’21: $1.2BQ2 ’21: $1.0BQ3 ’21: $762MQ4 ’21: $827MQ4 ’21Q1 ’22: $916MQ2 ’22: $1.0BQ3 ’22: $1.0BQ4 ’22: $1.1BQ4 ’22Q1 ’23: $1.3BQ2 ’23: $1.0BQ3 ’23: $1.0BQ4 ’23: $1.3BQ4 ’23Q1 ’24: $1.3BQ2 ’24: $980MQ3 ’24: $837MQ4 ’24: $501MQ4 ’24Q1 ’25: $549MQ2 ’25: $415MQ3 ’25: $611MQ4 ’25: $528MQ4 ’25Q1 ’26: $464Mfilingsflow.com

Portfolio Composition

By security type
ADR: 76.6%Common Stock: 23.0%Other: 0.4%
  • ADR · 76.6% · $318M
  • Common Stock · 23.0% · $95M
  • Other · 0.4% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CPNGCOUPANG INCNEW+546.2K546.2K+$16M$16M
PDDPDD HOLDINGS INCSOLD OUT−375.9K0−$44M$0
TEOTELECOM ARGENTINA SASOLD OUT−763.8K0−$8M$0
NTESNETEASE INCSOLD OUT−22.8K0−$2M$0
CIBEURBANCOLOMBIA S ASOLD OUT−39.1K0−$2M$0
SQMSOCIEDAD QUIMICA Y MINERA DETRIMMED−355.2K580.4K−$17M$20M
BSACBANCO SANTANDER CHILE NEWTRIMMED−29.1K48.5K−$547,167$1M
EDGGOLD FIELDS LTDTRIMMED−1.78M3.28M−$34M$78M

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

Holdings — Q2 2025

16 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EDGGOLD FIELDS LTDhistory →SPONSORED ADR18.73%$78M3.28M
2LILI AUTO INChistory →SPONSORED ADS16.02%$66M2.45M
3PBRPETROLEO BRASILEIRO SA PETROhistory →SPONSORED ADR14.31%$59M4.74M
4BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS13.37%$55M488.6K
5MLB1MERCADOLIBRE INChistory →COM12.14%$50M19.3K
6EMBJEMBRAER S.A.history →SPONSORED ADS5.84%$24M425.7K
7SCCOSOUTHERN COPPER CORPhistory →COM5.67%$24M232.3K
8SQMSOCIEDAD QUIMICA Y MINERA DEhistory →SPON ADR SER B4.94%$20M580.4K
9CPNGCOUPANG INChistory →CL A3.95%$16M546.2K
10GGALGRUPO FINANCIERO GALICIA S.Ahistory →SPONSORED ADR1.97%$8M162.5K
11KOSKOSMOS ENERGY LTDCOM0.94%$4M2.26M
12YPF SOCIEDAD ANONIMASPON ADR CL D0.79%$3M104.2K
13CORPORACION AMER ARPTS S ACOM0.40%$2M82.3K
14LOMA NEGRA C I A S A MTN 14SPONSORED ADS0.38%$2M144.3K
15BSACBANCO SANTANDER CHILE NEWSP ADR REP COM0.30%$1M48.5K
16GTEGRAN TIERRA ENERGY INCCOM0.26%$1M226.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$464M14Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$528M13Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$611M17Oct 27, 202513F-HRchanges · EDGAR ↗
Q2 2025$415M16Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$549M19May 7, 202513F-HRchanges · EDGAR ↗
Q4 2024$501M15Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$837M19Oct 31, 202413F-HRchanges · EDGAR ↗
Q2 2024$980M18Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.3B22May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.3B19Feb 5, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.0B19Oct 26, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.0B17Aug 4, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.3B17May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.1B16Jan 31, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.0B16Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.0B13Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$916M10May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$827M11Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$762M11Nov 3, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.0B16Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.2B20May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.8B17Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.6B18Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.2B18Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$906M20May 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$961M18Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$769M18Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$780M17Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$595M16May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$371M15Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • RWC (US) LLC028-19401
  • RWC Partners Ltd028-19398

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 ↗.