# RWC ASSET ADVISORS (US) LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1638081. Source: https://holderbook.com/funds/1638081-rwc-asset-advisors-us-llc/

- Reported value: $449.6M
- Positions: 16
- Weight of the ten largest: 94.7%
- Filed: 2026-09-03

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 |
|---|---|---|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $72.4M | 151,606 | 16.1% | 2 |
| SOCIEDAD QUIMICA Y MINERA DE | [SQM](https://holderbook.com/stocks/SQM/) | $71.9M | 971,447 | 16.0% | 6 |
| PETROLEO BRASILEIRO S A | [PBR](https://holderbook.com/stocks/PBR/) | $60.5M | 3,746,493 | 13.5% | 2 |
| EMBRAER S.A. | [EMBJ](https://holderbook.com/stocks/EMBJ/) | $52.9M | 828,621 | 11.8% | 6 |
| VALE S A | [VALE](https://holderbook.com/stocks/VALE/) | $46.9M | 3,116,288 | 10.4% | 4 |
| GOLD FIELDS LTD | [GFI](https://holderbook.com/stocks/GFI/) | $31.9M | 948,432 | 7.1% | 24 |
| GRUPO FINANCIERO GALICIA S.A | [GGAL](https://holderbook.com/stocks/GGAL/) | $25.9M | 517,540 | 5.8% | 10 |
| VISTA ENERGY S.A.B. DE C.V. | [VIST](https://holderbook.com/stocks/VIST/) | $23.3M | 365,929 | 5.2% | 1 |
| INFOSYS LTD | [INFY](https://holderbook.com/stocks/INFY/) | $21.8M | 2,074,133 | 4.8% | 1 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $18.2M | 189,415 | 4.0% | 10 |
| YPF SOCIEDAD ANONIMA | [YPF](https://holderbook.com/stocks/YPF/) | $12.2M | 268,671 | 2.7% | 1 |
| KANZHUN LIMITED | [BZ](https://holderbook.com/stocks/BZ/) | $5.3M | 415,558 | 1.2% | 4 |
| CORPORACION AMER ARPTS S A | [CAAP](https://holderbook.com/stocks/CAAP/) | $2.1M | 82,327 | 0.5% | 34 |
| GRUPO AEROMEXICO SAB DE CV | [AERO](https://holderbook.com/stocks/AERO/) | $1.7M | 92,412 | 0.4% | 3 |
| LOMA NEGRA CORP | [LOMA](https://holderbook.com/stocks/LOMA/) | $1.7M | 144,315 | 0.4% | 13 |
| SOUTHERN COPPER CORP | [SCCO](https://holderbook.com/stocks/SCCO/) | $974.8K | 5,594 | 0.2% | 26 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | -7.0% | +14.8% | -21.9% | 100% |
| Q1 2026 | +0.2% | -4.6% | +4.8% | 100% |
| Q4 2025 | +3.4% | +2.4% | +1.0% | 100% |
| Q3 2025 | +21.6% | +7.8% | +13.8% | 100% |
| Q2 2025 | +0.8% | +10.5% | -9.7% | 100% |
| Q1 2025 | +18.4% | -4.6% | +23.0% | 100% |
| Q4 2024 | -5.3% | +2.1% | -7.4% | 100% |
| Q3 2024 | +8.9% | +5.4% | +3.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $449.6M | 16 |
| Q1 2026 | $464.4M | 14 |
| Q4 2025 | $527.9M | 13 |
| Q3 2025 | $610.9M | 17 |
| Q2 2025 | $414.6M | 16 |
| Q1 2025 | $549.0M | 19 |
| Q4 2024 | $501.3M | 15 |
| Q3 2024 | $836.9M | 19 |
| Q2 2024 | $980.4M | 18 |
| Q1 2024 | $1.3B | 22 |
| Q4 2023 | $1.3B | 19 |
| Q3 2023 | $1.0B | 19 |