# Ronit Capital LLP

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1600569. Source: https://holderbook.com/funds/1600569-ronit-capital-llp/

- Reported value: $74.3M
- Positions: 55
- Weight of the ten largest: 53.0%
- Filed: 2022-11-04

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VASTA PLATFORM LTD | [VSTA](https://holderbook.com/stocks/VSTA/) | $5.1M | 980,471 | 6.9% | 8 |
| EMBRAER S.A. | [EMBJ](https://holderbook.com/stocks/EMBJ/) | $4.9M | 565,500 | 6.5% | 4 |
| TENCENT MUSIC ENTMT GROUP | [TME](https://holderbook.com/stocks/TME/) | $4.2M | 1,022,816 | 5.6% | 8 |
| NUVECTIS PHARMA INC | [NVCT](https://holderbook.com/stocks/NVCT/) | $4.0M | 562,547 | 5.4% | 3 |
| VALARIS LTD | [VAL](https://holderbook.com/stocks/VAL/) | $3.9M | 78,820 | 5.2% | 6 |
| RENEW ENERGY GLOBAL PLC | [RNWWW](https://holderbook.com/stocks/RNWWW/) | $3.9M | 844,245 | 5.2% | 5 |
| GRAVITY CO LTD | [GRVY](https://holderbook.com/stocks/GRVY/) | $3.7M | 80,000 | 5.0% | 8 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $3.6M | 226,400 | 4.8% | 8 |
| TIM S A | [TIMB](https://holderbook.com/stocks/TIMB/) | $3.1M | 277,675 | 4.2% | 8 |
| SIBANYE STILLWATER LTD | [SBSW](https://holderbook.com/stocks/SBSW/) | $3.1M | 329,700 | 4.1% | 8 |
| HARMONY GOLD MNG LTD | [HMY](https://holderbook.com/stocks/HMY/) | $3.0M | 1,245,300 | 4.1% | 8 |
| KOSMOS ENERGY LTD | [KOS](https://holderbook.com/stocks/KOS/) | $2.4M | 465,000 | 3.2% | 3 |
| ITAU UNIBANCO HLDG S A | [ITUB](https://holderbook.com/stocks/ITUB/) | $2.3M | 437,500 | 3.0% | 3 |
| TMC THE METALS COMPANY INC | [TMC](https://holderbook.com/stocks/TMC/) | $1.8M | 1,713,891 | 2.4% | 4 |
| GRUPO TELEVISA S A B | [TV](https://holderbook.com/stocks/TV/) | $1.6M | 300,000 | 2.2% | 3 |
| GOLD FIELDS LTD | [GFI](https://holderbook.com/stocks/GFI/) | $1.4M | 170,000 | 1.9% | 2 |
| NATIONAL ENERGY SERVICES REU | [NESR](https://holderbook.com/stocks/NESR/) | $1.4M | 227,562 | 1.8% | 8 |
| PARAMOUNT GLOBAL | [PARA](https://holderbook.com/stocks/PARA/) | $1.3M | 70,000 | 1.8% | 6 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $1.3M | 15,000 | 1.7% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.3M | 50,000 | 1.7% | 2 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $1.3M | 30,000 | 1.7% | 1 |
| AMERICA MOVIL SAB DE CV | [AMX](https://holderbook.com/stocks/AMX/) | $1.2M | 75,000 | 1.7% | 1 |
| DESPEGAR COM CORP | [DESP](https://holderbook.com/stocks/DESP/) | $1.1M | 200,000 | 1.5% | 1 |
| JD.COM INC | [JD](https://holderbook.com/stocks/JD/) | $1.0M | 20,000 | 1.4% | 3 |
| SPIRIT AEROSYSTEMS HLDGS INC | [SPR](https://holderbook.com/stocks/SPR/) | $1.0M | 45,754 | 1.3% | 8 |
| FARFETCH LTD | [FTCHQ](https://holderbook.com/stocks/FTCHQ/) | $947.0K | 127,100 | 1.3% | 4 |
| AXIA ENERGIA SA | [AXIA](https://holderbook.com/stocks/AXIA/) | $875.0K | 109,000 | 1.2% | 2 |
| PINTEREST INC | [PINS](https://holderbook.com/stocks/PINS/) | $825.0K | 37,000 | 1.1% | 4 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $822.0K | 31,000 | 1.1% | 3 |
| HECLA MINING COMPANY | [HL](https://holderbook.com/stocks/HL/) | $788.0K | 200,000 | 1.1% | 3 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $720.0K | 9,000 | 1.0% | 8 |
| OPEN LENDING CORP | [LPRO](https://holderbook.com/stocks/LPRO/) | $645.0K | 80,200 | 0.9% | 8 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $571.0K | 14,000 | 0.8% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $540.0K | 1,000 | 0.7% | 1 |
| LAM RESEARCH CORP | [LRCXXXXX](https://holderbook.com/stocks/LRCXXXXX/) | $476.0K | 1,300 | 0.6% | 3 |
| NEW FORTRESS ENERGY INC | [NFE](https://holderbook.com/stocks/NFE/) | $470.0K | 10,750 | 0.6% | 2 |
| SONY GROUP CORP | [SONY](https://holderbook.com/stocks/SONY/) | $448.0K | 7,000 | 0.6% | 8 |
| MESOBLAST LTD | [MESOXXXX](https://holderbook.com/stocks/MESOXXXX/) | $382.0K | 150,000 | 0.5% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $380.0K | 2,800 | 0.5% | 8 |
| ACTIVISION BLIZZARD INC | [ATVI](https://holderbook.com/stocks/ATVI/) | $372.0K | 5,000 | 0.5% | 8 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $337.0K | 3,500 | 0.5% | 8 |
| HUYA INC | [HUYA](https://holderbook.com/stocks/HUYA/) | $280.0K | 126,000 | 0.4% | 8 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $264.0K | 5,270 | 0.4% | 6 |
| ISHARES INC | [TUR](https://holderbook.com/stocks/TUR/) | $212.0K | 1,500 | 0.3% | 1 |
| AUTOHOME INC | [ATHM](https://holderbook.com/stocks/ATHM/) | $201.0K | 7,000 | 0.3% | 6 |
| STONECO LTD | [STNE](https://holderbook.com/stocks/STNE/) | $191.0K | 20,000 | 0.3% | 5 |
| CAZOO GROUP LTD | [CZOO](https://holderbook.com/stocks/CZOO/) | $184.0K | 400,000 | 0.2% | 2 |
| EVE HLDG INC | [EVEXWS](https://holderbook.com/stocks/EVEXWS/) | $172.0K | 351,002 | 0.2% | 1 |
| SUPER GROUP SGHC LIMITED | [SGHCWS](https://holderbook.com/stocks/SGHCWS/) | $147.0K | 210,700 | 0.2% | 1 |
| ORGENESIS INC | [ORGS](https://holderbook.com/stocks/ORGS/) | $77.0K | 54,167 | 0.1% | 8 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $74.0K | 1,500 | 0.1% | 1 |
| KAROOOOO LTD | [KARO](https://holderbook.com/stocks/KARO/) | $61.0K | 2,582 | 0.1% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $58.0K | 850 | 0.1% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $29.0K | 80 | 0.0% | 3 |
| JOBY AVIATION INC | [JOBYWS](https://holderbook.com/stocks/JOBYWS/) | $2.0K | 2,625 | 0.0% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2022 | -8.7% | -5.3% | -3.4% | 102% |
| Q2 2022 | -16.9% | -16.5% | -0.5% | 97% |
| Q1 2022 | +9.1% | -4.9% | +14.0% | 97% |
| Q4 2021 | -3.8% | +10.7% | -14.4% | 97% |
| Q3 2021 | -12.7% | +0.3% | -12.9% | 95% |
| Q2 2021 | +2.3% | +8.0% | -5.7% | 99% |
| Q1 2021 | +5.4% | +6.0% | -0.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $74.3M | 55 |
| Q2 2022 | $70.5M | 53 |
| Q1 2022 | $79.9M | 50 |
| Q4 2021 | $69.1M | 45 |
| Q3 2021 | $88.1M | 51 |
| Q2 2021 | $111.9M | 61 |
| Q1 2021 | $157.9M | 62 |
| Q4 2020 | $173.7M | 58 |