Carrhae Capital

Carrhae Capital as of Dec. 31, 2025

Portfolio Holdings for Carrhae Capital

Carrhae Capital holds 34 positions in its portfolio as reported in the December 2025 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Invesco Qqq Tr Unit Ser 1 Put Option (QQQ) 10.8 $285M 463k 614.31
Kraneshares Trust Csi Chi Internet Call Option (KWEB) 8.8 $233M 6.8M 34.05
Ishares Silver Tr Ishares Call Option (SLV) 8.2 $216M 3.4M 64.42
Ishares Tr Msci Emg Mkt Etf Put Option (EEM) 8.2 $216M 3.9M 54.71
Taiwan Semiconductor Mfg Sponsored Ads Put Option (TSM) 8.1 $213M 702k 303.89
Ego (EGO) 5.4 $144M 4.0M 35.92
Dbx Etf Tr Xtrack Hrvst Csi Call Option (ASHR) 5.0 $131M 4.0M 32.85
Sea Sponsord Ads (SE) 4.1 $108M 844k 127.57
Teck Resources CL B (TECK) 3.7 $99M 2.1M 47.89
Nu Hldgs Ord Shs Cl A (NU) 3.1 $83M 4.9M 16.74
GDS HLDGS Sponsored Ads (GDS) 2.9 $76M 2.2M 34.90
Embraer Sponsored Ads (EMBJ) 2.8 $74M 1.1M 64.37
Makemytrip Limited Mauritius SHS (MMYT) 2.3 $62M 751k 82.12
Franco-Nevada Corporation (FNV) 2.3 $61M 294k 207.28
Icici Bank Adr (IBN) 2.2 $59M 2.0M 29.80
Banco Bradesco S A Sp Adr Pfd New (BBD) 2.0 $54M 16M 3.33
JBS Cl A Shs (JBS) 2.0 $53M 3.6M 14.42
Credicorp (BAP) 1.8 $48M 168k 287.00
Alibaba Group Hldg Sponsored Ads (BABA) 1.7 $45M 309k 146.58
Synopsys (SNPS) 1.7 $45M 95k 469.72
Baidu Spon Adr Rep A (BIDU) 1.7 $45M 342k 130.66
Grupo Financiero Galicia Sponsored Adr (GGAL) 1.6 $43M 795k 53.94
Full Truck Alliance Sponsored Ads (YMM) 1.5 $41M 3.8M 10.73
Vista Energy S.a.b. De C.v. Sponsored Ads (VIST) 1.5 $40M 830k 48.66
EQT Corporation (EQT) 1.5 $40M 745k 53.60
Spdr Gold Tr Gold Shs Call Option (GLD) 1.1 $29M 72k 396.31
Pdd Holdings Sponsored Ads (PDD) 1.0 $25M 223k 113.39
Weride Sponsored Ads (WRD) 0.8 $21M 2.4M 8.68
HudBay Minerals (HBM) 0.6 $16M 803k 19.85
Copa Holdings Sa Cl A (CPA) 0.6 $15M 125k 120.61
Renew Energy Global Cl A Shs (RNW) 0.5 $14M 2.5M 5.65
Anglogold Ashanti Com Shs (AU) 0.3 $8.4M 98k 85.28
Kaspi Kz Jsc Sponsored Ads (KSPI) 0.1 $4.0M 51k 78.13
Renew Energy Global *w Exp 08/21/202 (RNWWW) 0.0 $526.224600 65k 0.01