ARGA Investment Management, LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 31, 2026), ARGA Investment Management, LP reported 121 stock positions worth $3.9 billion. Its top holding was XP Class A (XP) at 10.2% of the portfolio, followed by Aercap (AER, 9.4%) and Taiwan Semiconductor-SP ADR (TSM, 7.5%). Compared with Q1 2026, it opened 35 new positions, sold out of 23, added to 28 and reduced 36. The biggest buy was Aercap (AER, shares +15629%) and the biggest sale Las Vegas Sands (LVS, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001556915
- Portfolio Value
- $3.9B (Q2 2026)
- SEC Filing
- 0001104659-26-088902 ↗ filed Jul 31, 2026
Holdings Value
Holdings 121 stocks · $3.9B
| XP XP Inc. Class A | 10.22% | 24,643,382 | $400.7M | Add +19.1% |
| AER Aercap Holdings NV | 9.38% | 2,520,884 | $367.5M | Add +15629.0% |
| TSM Taiwan Semiconductor-SP ADR | 7.45% | 611,651 | $292.1M | Reduce -1.6% |
| PBR Petroleo Brasileiro-Spon ADR | 7.14% | 17,311,405 | $279.8M | Reduce -2.1% |
| TCOM Trip.com Group Ltd.-ADR | 6.63% | 6,527,204 | $260.0M | Add +128.1% |
| BBD Banco Bradesco-ADR | 6.26% | 70,717,908 | $245.4M | Reduce -5.9% |
| AEM Agnico Eagle Mines Ltd. | 6.21% | 1,568,225 | $243.4M | New |
| MGA Magna International Inc. | 6.09% | 3,632,267 | $238.9M | Reduce -3.7% |
| TME Tencent Music Entertainm-ADR | 3.87% | 18,186,510 | $151.9M | New |
| BIDU Baidu Inc. - Spon ADR | 3.30% | 1,132,028 | $129.4M | New |
| BABA Alibaba Group Holding-SP ADR | 2.15% | 879,563 | $84.4M | Add +409.4% |
| AU Anglogold Ashanti PLC | 1.84% | 892,806 | $72.2M | New |
| CRM Salesforce Inc. | 1.75% | 436,910 | $68.4M | New |
| HUM Humana Inc. | 1.69% | 166,572 | $66.2M | Reduce -27.6% |
| MLCO Melco Resorts & Entert-ADR | 1.67% | 12,405,022 | $65.4M | Reduce -14.5% |
| NOK Nokia Corp.-Spon ADR | 1.59% | 4,696,279 | $62.4M | Reduce -77.0% |
| ELV Elevance Health Inc. | 1.58% | 159,970 | $61.9M | Reduce -22.0% |
| ITUB Itau Unibanco H-Spon PRF ADR | 1.57% | 7,509,138 | $61.3M | New |
| BMRN Biomarin Pharmaceutical Inc. | 1.52% | 1,039,409 | $59.5M | New |
| LVS Las Vegas Sands Corp. | 1.49% | 1,264,351 | $58.4M | Reduce -66.3% |
| CI The Cigna Group | 1.05% | 149,973 | $41.3M | New |
| NXPI NXP Semiconductors NV | 0.92% | 128,599 | $36.1M | Reduce -43.6% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.91% | 315,093 | $35.8M | Reduce -28.7% |
| HDB HDFC Bank Ltd.-ADR | 0.87% | 1,320,988 | $34.1M | Reduce -2.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.85% | 66,519 | $33.3M | New |
| MHK Mohawk Industries Inc. | 0.84% | 271,188 | $32.9M | Reduce -23.3% |
| QCOM Qualcomm Inc. | 0.78% | 166,344 | $30.7M | New |
| CNI Canadian Natl Railway Co. | 0.77% | 253,298 | $30.2M | Add +845.1% |
| MRK Merck & Co. Inc. | 0.65% | 199,748 | $25.7M | Reduce -20.6% |
| ARW Arrow Electronics Inc. | 0.61% | 112,585 | $24.0M | Reduce -66.2% |
| AA Alcoa Corp. | 0.60% | 447,455 | $23.3M | Reduce -25.2% |
| LCII Lci Industries | 0.58% | 216,170 | $22.9M | Reduce -5.0% |
| CNC Centene Corp. | 0.55% | 334,897 | $21.5M | Reduce -30.2% |
| SON Sonoco Products Co. | 0.49% | 341,685 | $19.3M | Reduce -1.8% |
| NTR Nutrien Ltd. | 0.49% | 305,118 | $19.2M | Add +614.6% |
| SWKS Skyworks Solutions Inc. | 0.48% | 277,756 | $18.8M | Reduce -24.1% |
| SLGN Silgan Holdings Inc. | 0.47% | 397,056 | $18.4M | Add +29.0% |
| PTEN Patterson-Uti Energy Inc. | 0.47% | 1,985,845 | $18.2M | Reduce -49.2% |
| OC Owens Corning | 0.45% | 110,797 | $17.6M | Reduce -31.5% |
| JBS JBS NV-A | 0.29% | 952,116 | $11.3M | New |
| CNQ Canadian Natural Resources | 0.28% | 279,700 | $11.1M | Add +107.6% |
| RY Royal Bank of Canada | 0.17% | 31,843 | $6.6M | No change |
| FMC FMC Corp. | 0.15% | 499,539 | $5.7M | Reduce -24.5% |
| ABEV Ambev SA-ADR | 0.10% | 1,234,108 | $3.9M | Add +27.6% |
| UBS UBS Group AG-Reg | 0.10% | 75,301 | $3.7M | No change |
| SLM SLM Corp. | 0.09% | 142,546 | $3.7M | Add +109.3% |
| RNR Renaissancere Holdings Ltd. | 0.09% | 11,457 | $3.6M | Add +50.5% |
| AVT Avnet Inc. | 0.08% | 37,190 | $3.3M | Reduce -16.3% |
| ONTO Onto Innovation Inc. | 0.07% | 7,605 | $2.9M | Reduce -38.1% |
| CPRI Capri Holdings Ltd. | 0.07% | 154,545 | $2.9M | Add +0.6% |
| ACLS Axcelis Technologies Inc. | 0.07% | 14,881 | $2.8M | Reduce -64.1% |
| LYB Lyondellbasell Indu Class A | 0.07% | 52,302 | $2.8M | Add +4.8% |
| WCC Wesco International Inc. | 0.07% | 7,711 | $2.7M | Reduce -7.3% |
| COLB Columbia Banking System Inc. | 0.07% | 82,893 | $2.7M | Add +0.1% |
| ITGR Integer Holdings Corp. | 0.06% | 26,915 | $2.5M | Add +95.9% |
| NSIT Insight Enterprises Inc. | 0.06% | 20,564 | $2.5M | New |
| IBN Icici Bank Ltd.-Spon ADR | 0.06% | 85,759 | $2.5M | New |
| INMD Inmode Ltd. | 0.06% | 162,603 | $2.4M | Add +13.2% |
| RDY Dr. Reddy's Laboratories-ADR | 0.06% | 163,426 | $2.4M | New |
| AZN Astrazeneca PLC | 0.06% | 11,643 | $2.2M | No change |
| MAN Manpowergroup Inc. | 0.06% | 64,118 | $2.2M | No change |
| BCC Boise Cascade Co. | 0.05% | 27,231 | $2.1M | Add +8.0% |
| CRC California Resources Corp. | 0.05% | 37,541 | $2.0M | No change |
| WD Walker & Dunlop Inc. | 0.05% | 35,629 | $1.9M | No change |
| BANC Banc of California Inc. | 0.05% | 95,387 | $1.9M | No change |
| CNMD Conmed Corp. | 0.05% | 57,334 | $1.9M | New |
| ASO Academy Sports & Outdoors Inc. | 0.05% | 39,312 | $1.9M | No change |
| AVTR Avantor Inc. | 0.05% | 186,599 | $1.8M | New |
| BLDR Builders Firstsource Inc. | 0.05% | 20,412 | $1.8M | New |
| LRN Stride Inc. | 0.05% | 20,892 | $1.8M | Add +107.1% |
| NSP Insperity Inc. | 0.04% | 42,734 | $1.8M | No change |
| BAX Baxter International Inc. | 0.04% | 80,961 | $1.7M | New |
| ABM Abm Industries Inc. | 0.04% | 38,396 | $1.7M | New |
| MSM MSC Industrial Direct Co. Class A | 0.04% | 13,297 | $1.6M | Reduce -24.9% |
| WYNN WYNN Resorts Ltd. | 0.04% | 16,250 | $1.6M | Add +0.1% |
| PVH PVH Corp. | 0.04% | 21,245 | $1.6M | Reduce -0.3% |
| WFC Wells Fargo & Co. | 0.04% | 18,802 | $1.6M | New |
| ICHR Ichor Holdings Ltd. | 0.04% | 13,523 | $1.5M | Reduce -76.8% |
| CZR Caesars Entertainment Inc. | 0.04% | 50,295 | $1.5M | Reduce -31.6% |
| DG Dollar General Corp. | 0.04% | 12,611 | $1.5M | New |
| FAF First American Financial | 0.04% | 21,116 | $1.4M | No change |
| CHRD Chord Energy Corp. | 0.03% | 11,923 | $1.4M | Add +0.2% |
| IVZ Invesco Ltd. | 0.03% | 50,453 | $1.3M | Add +0.3% |
| WAY Waystar Holding Corp. | 0.03% | 64,450 | $1.3M | New |
| JAZZ Jazz Pharmaceuticals PLC | 0.03% | 5,187 | $1.2M | Add +0.3% |
| OLN Olin Corp. | 0.03% | 61,373 | $1.2M | Add +0.1% |
| ACHC Acadia Healthcare Co. Inc. | 0.03% | 39,844 | $1.2M | Reduce -30.2% |
| BBWI Bath & Body Works Inc. | 0.03% | 50,043 | $1.2M | Reduce -90.8% |
| CNM Core & Main Inc. Class A | 0.03% | 23,465 | $1.1M | New |
| VSXY Victoria's Secret & Co. | 0.03% | 12,341 | $1.0M | No change |
| VET Vermilion Energy Inc. | 0.03% | 105,369 | $986K | No change |
| MOH Molina Healthcare Inc. | 0.02% | 4,070 | $931K | Reduce -2.3% |
| MAT Mattel Inc. | 0.02% | 66,664 | $925K | New |
| THO Thor Industries Inc. | 0.02% | 12,155 | $914K | No change |
| NVST Envista Holdings Corp. | 0.02% | 33,916 | $894K | Add +0.2% |
| ATKR Atkore Inc. | 0.02% | 11,401 | $867K | No change |
| AGO Assured Guaranty Ltd. | 0.02% | 7,938 | $636K | No change |
| MBC Masterbrand Inc. | 0.02% | 61,813 | $636K | New |
| PSIX Power Solutions Internationa | 0.02% | 16,238 | $631K | No change |
| FIBK First Interstate Bancsys-A | 0.02% | 15,510 | $598K | Add +25.0% |
Portfolio Sells Q1 2026 → Q2 2026
| LVS Las Vegas Sands Corp. | Reduce -66.3% | 1.49% | −5.14 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -2.1% | 7.14% | −4.91 |
| NOK Nokia Corp.-Spon ADR | Reduce -77.0% | 1.59% | −3.79 |
| TTE Totalenergies SE | Sold out | 0.00% | −3.65 |
| BBD Banco Bradesco-ADR | Reduce -5.9% | 6.26% | −2.75 |
| GLOB Globant SA | Sold out | 0.00% | −1.67 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −1.28 |
| BF.B Brown-Forman Corp. Class B | Sold out | 0.00% | −1.21 |
| HAL Halliburton Co. | Sold out | 0.00% | −1.14 |
| MLCO Melco Resorts & Entert-ADR | Reduce -14.5% | 1.67% | −1.04 |
| DOW Dow Inc. | Sold out | 0.00% | −1.00 |
| ARW Arrow Electronics Inc. | Reduce -66.2% | 0.61% | −0.96 |
| PTEN Patterson-Uti Energy Inc. | Reduce -49.2% | 0.47% | −0.93 |
| MGA Magna International Inc. | Reduce -3.7% | 6.09% | −0.82 |
| AA Alcoa Corp. | Reduce -25.2% | 0.60% | −0.71 |
| SQM Quimica Y Minera Chil-SP ADR | Sold out | 0.00% | −0.70 |
| NXPI NXP Semiconductors NV | Reduce -43.6% | 0.92% | −0.55 |
| TROW T Rowe Price Group Inc. | Reduce -28.7% | 0.91% | −0.39 |
| ELV Elevance Health Inc. | Reduce -22.0% | 1.58% | −0.39 |
| MRK Merck & Co. Inc. | Reduce -20.6% | 0.65% | −0.34 |
| LCII Lci Industries | Reduce -5.0% | 0.58% | −0.33 |
| BBWI Bath & Body Works Inc. | Reduce -90.8% | 0.03% | −0.30 |
| MHK Mohawk Industries Inc. | Reduce -23.3% | 0.84% | −0.30 |
| HDB HDFC Bank Ltd.-ADR | Reduce -2.9% | 0.87% | −0.24 |
| FMC FMC Corp. | Reduce -24.5% | 0.15% | −0.23 |
| SWKS Skyworks Solutions Inc. | Reduce -24.1% | 0.48% | −0.16 |
| SON Sonoco Products Co. | Reduce -1.8% | 0.49% | −0.13 |
| OC Owens Corning | Reduce -31.5% | 0.45% | −0.13 |
| ACLS Axcelis Technologies Inc. | Reduce -64.1% | 0.07% | −0.05 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −0.05 |
| ICHR Ichor Holdings Ltd. | Reduce -76.8% | 0.04% | −0.05 |
| BZ Kanzhun Ltd. - ADR | Sold out | 0.00% | −0.03 |
| CZR Caesars Entertainment Inc. | Reduce -31.6% | 0.04% | −0.03 |
| JXN Jackson Financial Inc. Class A | Sold out | 0.00% | −0.02 |
| HOS Hornbeck Offshore Services I | Sold out | 0.00% | −0.02 |
| AMN Amn Healthcare Services Inc. | Sold out | 0.00% | −0.02 |
| VSH Vishay Intertechnology Inc. | Sold out | 0.00% | −0.02 |
| WB Weibo Corp.-Spon ADR | Sold out | 0.00% | −0.01 |
| ACHC Acadia Healthcare Co. Inc. | Reduce -30.2% | 0.03% | −0.01 |
| MSM MSC Industrial Direct Co. Class A | Reduce -24.9% | 0.04% | −0.01 |
| NAVI Navient Corp. | Sold out | 0.00% | −0.01 |
| CRI Carter's Inc. | Sold out | 0.00% | −0.01 |
| AMWD American Woodmark Corp. | Sold out | 0.00% | −0.01 |
| LEG Leggett & Platt Inc. | Sold out | 0.00% | −0.01 |
| SHG Shinhan Financial Group-ADR | Sold out | 0.00% | −0.01 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.01 |
| ONTO Onto Innovation Inc. | Reduce -38.1% | 0.07% | −0.01 |
| PVH PVH Corp. | Reduce -0.3% | 0.04% | −0.01 |
| WCC Wesco International Inc. | Reduce -7.3% | 0.07% | −0.01 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| AER Aercap Holdings NV | Add +15629.0% | 9.38% | +9.30 |
| AEM Agnico Eagle Mines Ltd. | New | 6.21% | +6.21 |
| TME Tencent Music Entertainm-ADR | New | 3.87% | +3.87 |
| BIDU Baidu Inc. - Spon ADR | New | 3.30% | +3.30 |
| TCOM Trip.com Group Ltd.-ADR | Add +128.1% | 6.63% | +1.95 |
| AU Anglogold Ashanti PLC | New | 1.84% | +1.84 |
| CRM Salesforce Inc. | New | 1.75% | +1.75 |
| ITUB Itau Unibanco H-Spon PRF ADR | New | 1.57% | +1.57 |
| BMRN Biomarin Pharmaceutical Inc. | New | 1.52% | +1.52 |
| BABA Alibaba Group Holding-SP ADR | Add +409.4% | 2.15% | +1.44 |
| CI The Cigna Group | New | 1.05% | +1.05 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.85% | +0.85 |
| QCOM Qualcomm Inc. | New | 0.78% | +0.78 |
| CNI Canadian Natl Railway Co. | Add +845.1% | 0.77% | +0.68 |
| NTR Nutrien Ltd. | Add +614.6% | 0.49% | +0.38 |
| JBS JBS NV-A | New | 0.29% | +0.29 |
| SLGN Silgan Holdings Inc. | Add +29.0% | 0.47% | +0.08 |
| CNQ Canadian Natural Resources | Add +107.6% | 0.28% | +0.07 |
| NSIT Insight Enterprises Inc. | New | 0.06% | +0.06 |
| IBN Icici Bank Ltd.-Spon ADR | New | 0.06% | +0.06 |
| RDY Dr. Reddy's Laboratories-ADR | New | 0.06% | +0.06 |
| CNMD Conmed Corp. | New | 0.05% | +0.05 |
| AVTR Avantor Inc. | New | 0.05% | +0.05 |
| BLDR Builders Firstsource Inc. | New | 0.05% | +0.05 |
| SLM SLM Corp. | Add +109.3% | 0.09% | +0.05 |
| BAX Baxter International Inc. | New | 0.04% | +0.04 |
| ABM Abm Industries Inc. | New | 0.04% | +0.04 |
| WFC Wells Fargo & Co. | New | 0.04% | +0.04 |
| DG Dollar General Corp. | New | 0.04% | +0.04 |
| WAY Waystar Holding Corp. | New | 0.03% | +0.03 |
| CNM Core & Main Inc. Class A | New | 0.03% | +0.03 |
| ITGR Integer Holdings Corp. | Add +95.9% | 0.06% | +0.02 |
| MAT Mattel Inc. | New | 0.02% | +0.02 |
| RNR Renaissancere Holdings Ltd. | Add +50.5% | 0.09% | +0.02 |
| LRN Stride Inc. | Add +107.1% | 0.05% | +0.02 |
| MBC Masterbrand Inc. | New | 0.02% | +0.02 |
| FOUR SHIFT4 Payments Inc. Class A | New | 0.01% | +0.01 |
| SMPL The Simply Good Foods Co. | New | 0.01% | +0.01 |
| OLED Universal Display Corp. | New | 0.01% | +0.01 |
| TNET Trinet Group Inc. | New | 0.01% | +0.01 |
| INDV Indivior Pharmaceuticals Inc. | New | 0.01% | +0.01 |
| ABEV Ambev SA-ADR | Add +27.6% | 0.10% | +0.01 |
| REPX Riley Exploration Permian Inc. | New | 0.01% | +0.01 |
| UNM Unum Group | New | 0.01% | +0.01 |
| LEA Lear Corp. | New | 0.01% | +0.01 |
| JBI Janus International Group Inc. | Add +128.6% | 0.01% | +0.01 |
| SW Smurfit Westrock PLC | New | 0.01% | +0.01 |
| BRBR Bellring Brands Inc. | New | 0.00% | +0.00 |
| FOXF Fox Factory Holding Corp. | Add +50.0% | 0.01% | +0.00 |
| FIBK First Interstate Bancsys-A | Add +25.0% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 121 | $3.9B | XP, AER, TSM, PBR, TCOM |
| Q1 2026 | 109 | $3.0B | XP, PBR, BBD, MGA, TSM |
| Q4 2025 | 110 | $3.7B | BBD, NTR, XP, TCOM, PBR |
| Q3 2025 | 110 | $3.8B | BBD, NTR, TCOM, PBR, LVS |
| Q2 2025 | 123 | $3.7B | LVS, BBD, NTR, TCOM, UBS |
| Q1 2025 | 121 | $3.0B | NTR, LVS, BBD, TCOM, UBS |
| Q4 2024 | 122 | $3.1B | LVS, TCOM, NTR, UBS, MLCO |
| Q3 2024 | 128 | $3.0B | TCOM, LVS, NTR, MLCO, UBS |
| Q2 2024 | 128 | $2.8B | BABA, NTR, MLCO, UBS, TCOM |
| Q1 2024 | 138 | $3.0B | BABA, MLCO, TCOM, TSM, NTR |