ARGA Investment Management, LP

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), ARGA Investment Management, LP reported 121 stock positions worth $3.0 billion. Its top holding was Nutrien (NTR) at 10.8% of the portfolio, followed by Las Vegas Sands (LVS, 9.5%) and Banco Bradesco-ADR (BBD, 9.5%). Compared with Q4 2024, it opened 7 new positions, sold out of 8, added to 32 and reduced 24. The biggest buy was Banco Bradesco-ADR (BBD, shares +53%) and the biggest sale an exit from Helmerich & Payne (HP).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0001556915
Portfolio Value
$3.0B (Q1 2025)
SEC Filing
0001104659-25-041762 ↗ filed Apr 30, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $3.0B Q1 2024 Q2 2024: $2.8B Q2 2024 Q3 2024: $3.0B Q3 2024 Q4 2024: $3.1B Q4 2024 Q1 2025: $3.0B $3.0B Q1 2025 Q2 2025: $3.7B Q2 2025 Q3 2025: $3.8B Q3 2025 Q4 2025: $3.7B Q4 2025 Q1 2026: $3.0B Q1 2026 Q2 2026: $3.9B Q2 2026

Holdings 121 stocks · $3.0B
NTR Nutrien Ltd. 10.82% 6,510,844 $323.1M Add +7.7%
LVS Las Vegas Sands Corp. 9.50% 7,342,577 $283.6M Add +12.9%
BBD Banco Bradesco-ADR 9.46% 126,724,278 $282.6M Add +53.0%
TCOM Trip.com Group Ltd.-ADR 9.11% 4,280,542 $272.2M Reduce -0.5%
UBS UBS Group AG-Reg 7.34% 7,220,663 $219.3M Reduce -1.6%
PBR Petroleo Brasileiro-Spon ADR 5.30% 11,036,110 $158.3M Add +0.3%
CVS CVS Health Corp. 5.27% 2,321,242 $157.3M Reduce -3.4%
MLCO Melco Resorts & Entert-ADR 5.25% 29,760,953 $156.8M Add +0.4%
BAP Credicorp Ltd. 4.49% 720,857 $134.2M Reduce -9.3%
TSM Taiwan Semiconductor-SP ADR 3.75% 675,497 $112.1M Reduce -13.2%
PTEN Patterson-Uti Energy Inc. 3.52% 12,784,573 $105.1M Add +25.2%
HDB HDFC Bank Ltd.-ADR 3.46% 1,553,975 $103.2M Add +7.2%
MGA Magna International Inc. 3.41% 2,997,857 $101.9M Add +17.0%
AA Alcoa Corp. 3.00% 2,935,362 $89.5M Reduce -2.1%
BABA Alibaba Group Holding-SP ADR 2.08% 470,179 $62.2M Reduce -62.9%
LEA Lear Corp. 1.93% 653,320 $57.6M Add +9.7%
ALK Alaska Air Group Inc. 1.69% 1,025,053 $50.5M Reduce -1.9%
BAX Baxter International Inc. 1.52% 1,327,946 $45.5M Add +52.5%
MAN Manpowergroup Inc. 1.14% 587,048 $34.0M Add +539.8%
ARW Arrow Electronics Inc. 1.02% 293,561 $30.5M Add +273.3%
QCOM Qualcomm Inc. 0.86% 166,926 $25.6M Add +2533.7%
LBTYA Liberty Global Ltd. Class A 0.52% 1,361,865 $15.7M Add +34.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.48% 343,161 $14.3M Reduce -8.8%
MRK Merck & Co. Inc. 0.39% 128,160 $11.5M New
SW Smurfit Westrock PLC 0.35% 233,292 $10.4M Reduce -81.0%
CTSH Cognizant Tech Solutions-A 0.29% 114,086 $8.7M Add +129.9%
NXPI NXP Semiconductors NV 0.26% 40,361 $7.7M Add +608.7%
RNR Renaissancere Holdings Ltd. 0.19% 24,089 $5.8M Add +344.9%
CPRI Capri Holdings Ltd. 0.15% 227,957 $4.5M No change
UGI Ugi Corp. 0.11% 97,735 $3.2M Reduce -15.2%
DG Dollar General Corp. 0.11% 36,184 $3.2M New
WYNN WYNN Resorts Ltd. 0.09% 33,369 $2.8M Add +86.9%
BRK.B Berkshire Hathaway Inc. Class B 0.09% 4,893 $2.6M No change
LCII Lci Industries 0.08% 28,543 $2.5M Add +5.6%
COLB Columbia Banking System Inc. 0.08% 90,047 $2.2M No change
FAF First American Financial 0.08% 34,171 $2.2M Reduce -1.2%
REZI Resideo Technologies Inc. 0.07% 118,840 $2.1M No change
CC The Chemours Co. 0.07% 148,614 $2.0M No change
GILD Gilead Sciences Inc. 0.07% 17,619 $2.0M Reduce -90.3%
AWK American Water Works Co. Inc. 0.06% 13,091 $1.9M No change
DLTR Dollar Tree Inc. 0.06% 25,064 $1.9M No change
KFY Korn Ferry 0.06% 26,786 $1.8M No change
COP Conocophillips 0.06% 17,128 $1.8M Add +34.2%
MHK Mohawk Industries Inc. 0.06% 15,567 $1.8M Add +31.9%
WCC Wesco International Inc. 0.06% 11,151 $1.7M No change
EOG EOG Resources Inc. 0.06% 13,441 $1.7M Add +24.2%
JPM JPMorgan Chase & Co. 0.06% 6,950 $1.7M No change
TEL Te Connectivity PLC 0.06% 11,931 $1.7M Reduce -13.0%
RTX RTX Corp. 0.06% 12,528 $1.7M No change
CRC California Resources Corp. 0.06% 37,541 $1.7M No change
VSXY Victoria's Secret & Co. 0.05% 87,648 $1.6M Reduce -11.0%
JD Jd.com Inc.-ADR 0.05% 39,440 $1.6M No change
PII Polaris Inc. 0.05% 39,203 $1.6M Add +11.5%
DOX Amdocs Ltd. 0.05% 17,031 $1.6M No change
IPGP Ipg Photonics Corp. 0.05% 24,040 $1.5M No change
IVZ Invesco Ltd. 0.05% 99,080 $1.5M No change
BERY Berry Global Group Inc. 0.05% 21,519 $1.5M Reduce -1.8%
BG Bunge Global SA 0.05% 19,631 $1.5M New
AER Aercap Holdings NV 0.05% 14,265 $1.5M Add +0.3%
OLN Olin Corp. 0.05% 59,813 $1.4M No change
CZR Caesars Entertainment Inc. 0.05% 56,563 $1.4M Add +41.6%
KELYA Kelly Services Inc. Class A 0.05% 106,403 $1.4M Add +9.2%
CHRD Chord Energy Corp. 0.05% 12,119 $1.4M New
ETR Entergy Corp. 0.04% 15,618 $1.3M No change
DOW Dow Inc. 0.04% 37,895 $1.3M No change
CSCO Cisco Systems Inc. 0.04% 21,013 $1.3M Reduce -24.9%
RHI Robert Half Inc. 0.04% 23,768 $1.3M New
JBL Jabil Inc. 0.04% 9,492 $1.3M Add +172.8%
NWL Newell Brands Inc. 0.04% 201,677 $1.3M Reduce -83.7%
JAZZ Jazz Pharmaceuticals PLC 0.04% 10,028 $1.2M Reduce -17.8%
JHG Janus Henderson Group PLC 0.04% 32,108 $1.2M No change
SNREY Sunrise Communicat Class A 0.04% 23,480 $1.1M Reduce -86.6%
ABT Abbott Laboratories 0.04% 8,465 $1.1M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.04% 12,212 $1.1M No change
ICHR Ichor Holdings Ltd. 0.04% 48,765 $1.1M No change
THO Thor Industries Inc. 0.04% 14,422 $1.1M No change
BIDU Baidu Inc. - Spon ADR 0.03% 10,945 $1.0M No change
PBF PBF Energy Inc. Class A 0.03% 48,833 $932K Add +11.6%
BEN Franklin Templeton Inc. 0.03% 46,598 $897K No change
CI The Cigna Group 0.03% 2,699 $888K No change
TPR Tapestry Inc. 0.03% 12,376 $871K No change
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.03% 17,826 $861K No change
C Citigroup Inc. 0.03% 11,735 $833K New
MU Micron Technology Inc. 0.02% 8,350 $726K Reduce -62.7%
LYB Lyondellbasell Indu Class A 0.02% 9,308 $655K No change
GGB Gerdau SA -Spon ADR 0.02% 225,411 $640K No change
CRI Carter's Inc. 0.02% 15,530 $635K No change
AMAT Applied Materials Inc. 0.02% 4,327 $628K No change
NAVI Navient Corp. 0.02% 48,972 $619K No change
WD Walker & Dunlop Inc. 0.02% 7,205 $615K No change
AGO Assured Guaranty Ltd. 0.02% 6,852 $604K No change
ALIT Alight Inc. Class A 0.02% 101,399 $601K No change
REYN Reynolds Consumer Products I 0.02% 24,135 $576K No change
BIIB Biogen Inc. 0.02% 4,133 $566K Add +17.0%
JNPR Juniper Networks Inc. 0.02% 14,962 $541K No change
SLM SLM Corp. 0.02% 18,116 $532K No change
SHG Shinhan Financial Group-ADR 0.02% 16,200 $520K No change
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.02% 60,132 $500K No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.02% 6,068 $471K No change
GSL Global Ship Lease Inc. Class A 0.01% 19,590 $448K No change

Show all 121 holdings

Portfolio Sells Q4 2024 → Q1 2025
HP Helmerich & Payne Sold out 0.00% −2.81
SW Smurfit Westrock PLC Reduce -81.0% 0.35% −1.82
BABA Alibaba Group Holding-SP ADR Reduce -62.9% 2.08% −1.43
TSM Taiwan Semiconductor-SP ADR Reduce -13.2% 3.75% −1.26
G Genpact Ltd. Sold out 0.00% −1.08
AA Alcoa Corp. Reduce -2.1% 3.00% −0.70
CMCSA Comcast Corp. Class A Sold out 0.00% −0.59
TCOM Trip.com Group Ltd.-ADR Reduce -0.5% 9.11% −0.52
ALK Alaska Air Group Inc. Reduce -1.9% 1.69% −0.52
GILD Gilead Sciences Inc. Reduce -90.3% 0.07% −0.48
SWKS Skyworks Solutions Inc. Sold out 0.00% −0.38
NWL Newell Brands Inc. Reduce -83.7% 0.04% −0.36
BAP Credicorp Ltd. Reduce -9.3% 4.49% −0.26
SNREY Sunrise Communicat Class A Reduce -86.6% 0.04% −0.21
VSXY Victoria's Secret & Co. Reduce -11.0% 0.05% −0.08
TS Tenaris SA-ADR Sold out 0.00% −0.06
BAC Bank of America Corp. Reduce -8.8% 0.48% −0.06
PVH PVH Corp. Reduce -79.8% 0.01% −0.05
MU Micron Technology Inc. Reduce -62.7% 0.02% −0.04
CSCO Cisco Systems Inc. Reduce -24.9% 0.04% −0.01
ACLS Axcelis Technologies Inc. Sold out 0.00% −0.01
UCTT Ultra Clean Holdings Inc. Sold out 0.00% −0.01
TEL Te Connectivity PLC Reduce -13.0% 0.06% −0.01
JAZZ Jazz Pharmaceuticals PLC Reduce -17.8% 0.04% −0.01
EPC Edgewell Personal Care Co. Sold out 0.00% −0.01
OPLN Openlane Inc. Reduce -27.8% 0.01% −0.01
CNXC Concentrix Corp. Reduce -37.8% 0.01% −0.00
UGI Ugi Corp. Reduce -15.2% 0.11% +0.00
BERY Berry Global Group Inc. Reduce -1.8% 0.05% +0.00
FAF First American Financial Reduce -1.2% 0.08% +0.00
UBS UBS Group AG-Reg Reduce -1.6% 7.34% +0.02
CVS CVS Health Corp. Reduce -3.4% 5.27% +1.75

Portfolio Buys Q4 2024 → Q1 2025
BBD Banco Bradesco-ADR Add +53.0% 9.46% +4.30
NTR Nutrien Ltd. Add +7.7% 10.82% +1.99
MAN Manpowergroup Inc. Add +539.8% 1.14% +0.96
QCOM Qualcomm Inc. Add +2533.7% 0.86% +0.83
PTEN Patterson-Uti Energy Inc. Add +25.2% 3.52% +0.76
ARW Arrow Electronics Inc. Add +273.3% 1.02% +0.73
BAX Baxter International Inc. Add +52.5% 1.52% +0.69
PBR Petroleo Brasileiro-Spon ADR Add +0.3% 5.30% +0.68
HDB HDFC Bank Ltd.-ADR Add +7.2% 3.46% +0.44
MRK Merck & Co. Inc. New 0.39% +0.39
NXPI NXP Semiconductors NV Add +608.7% 0.26% +0.22
CTSH Cognizant Tech Solutions-A Add +129.9% 0.29% +0.17
RNR Renaissancere Holdings Ltd. Add +344.9% 0.19% +0.15
DG Dollar General Corp. New 0.11% +0.11
LBTYA Liberty Global Ltd. Class A Add +34.7% 0.52% +0.10
LEA Lear Corp. Add +9.7% 1.93% +0.09
BG Bunge Global SA New 0.05% +0.05
CHRD Chord Energy Corp. New 0.05% +0.05
RHI Robert Half Inc. New 0.04% +0.04
WYNN WYNN Resorts Ltd. Add +86.9% 0.09% +0.04
C Citigroup Inc. New 0.03% +0.03
JBL Jabil Inc. Add +172.8% 0.04% +0.03
COP Conocophillips Add +34.2% 0.06% +0.02
EOG EOG Resources Inc. Add +24.2% 0.06% +0.01
MHK Mohawk Industries Inc. Add +31.9% 0.06% +0.01
PLOW Douglas Dynamics Inc. New 0.01% +0.01
AER Aercap Holdings NV Add +0.3% 0.05% +0.00
CZR Caesars Entertainment Inc. Add +41.6% 0.05% +0.00
KELYA Kelly Services Inc. Class A Add +9.2% 0.05% +0.00
VSH Vishay Intertechnology Inc. Add +25.8% 0.01% +0.00
BIIB Biogen Inc. Add +17.0% 0.02% +0.00
KMT Kennametal Inc. Add +0.4% 0.01% −0.00
HCC Warrior Met Coal Inc. Add +2.1% 0.01% −0.00
PBF PBF Energy Inc. Class A Add +11.6% 0.03% −0.01
LCII Lci Industries Add +5.6% 0.08% −0.01
PII Polaris Inc. Add +11.5% 0.05% −0.01
MGA Magna International Inc. Add +17.0% 3.41% −0.08
MLCO Melco Resorts & Entert-ADR Add +0.4% 5.25% −0.35
LVS Las Vegas Sands Corp. Add +12.9% 9.50% −1.40

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 121$3.9BXP, AER, TSM, PBR, TCOM
Q1 2026 109$3.0BXP, PBR, BBD, MGA, TSM
Q4 2025 110$3.7BBBD, NTR, XP, TCOM, PBR
Q3 2025 110$3.8BBBD, NTR, TCOM, PBR, LVS
Q2 2025 123$3.7BLVS, BBD, NTR, TCOM, UBS
Q1 2025 121$3.0BNTR, LVS, BBD, TCOM, UBS
Q4 2024 122$3.1BLVS, TCOM, NTR, UBS, MLCO
Q3 2024 128$3.0BTCOM, LVS, NTR, MLCO, UBS
Q2 2024 128$2.8BBABA, NTR, MLCO, UBS, TCOM
Q1 2024 138$3.0BBABA, MLCO, TCOM, TSM, NTR