ARGA Investment Management, LP

Name: ARGA Investment Management, LP 13F holdings, Q1 2026
Creator: ARGA Investment Management, LP
Published: 2026-04-30

Q2 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 30, 2026), ARGA Investment Management, LP reported 109 stock positions worth $3.0 billion. Its top holding was XP Class A (XP) at 12.9% of the portfolio, followed by Petroleo Brasileiro-Spon ADR (PBR, 12.0%) and Banco Bradesco-ADR (BBD, 9.0%). Compared with Q4 2025, it opened 17 new positions, sold out of 18, added to 30 and reduced 37. The biggest buy was XP Class A (XP, shares +4%) and the biggest sale Nutrien (NTR, shares −99%).

Most Recent 13F: Q2 2026
Location: STAMFORD, CT
CIK: 0001556915
Portfolio Value: $3.0B (Q1 2026)
SEC Filing: 0001104659-26-052595 ↗ filed Apr 30, 2026

Holdings Value

Holdings 109 stocks · $3.0B


XP XP Inc. Class A	12.94%	20,699,135	$394.1M	Add +4.0%
PBR Petroleo Brasileiro-Spon ADR	12.05%	17,680,229	$366.9M	Reduce -6.8%
BBD Banco Bradesco-ADR	9.01%	75,139,939	$274.3M	Reduce -33.3%
MGA Magna International Inc.	6.92%	3,771,359	$210.6M	Reduce -10.1%
TSM Taiwan Semiconductor-SP ADR	6.90%	621,655	$210.1M	Reduce -6.9%
LVS Las Vegas Sands Corp.	6.63%	3,748,681	$202.0M	Add +10.1%
NOK Nokia Corp.-Spon ADR	5.38%	20,388,202	$163.9M	Add +166.4%
TCOM Trip.com Group Ltd.-ADR	4.68%	2,861,617	$142.5M	Reduce -27.4%
TTE Totalenergies SE	3.65%	1,187,329	$111.1M	Add +139.6%
MLCO Melco Resorts & Entert-ADR	2.71%	14,508,114	$82.4M	Reduce -36.5%
ELV Elevance Health Inc.	1.97%	205,063	$60.0M	Reduce -26.2%
GLOB Globant SA	1.67%	1,105,070	$51.0M	Reduce -45.5%
ARW Arrow Electronics Inc.	1.57%	333,265	$47.8M	Reduce -3.0%
NXPI NXP Semiconductors NV	1.47%	228,027	$44.9M	Reduce -12.7%
PTEN Patterson-Uti Energy Inc.	1.39%	3,908,308	$42.3M	Reduce -2.6%
HUM Humana Inc.	1.31%	230,077	$39.9M	Add +3.1%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	1.31%	441,866	$39.8M	Add +8.7%
AA Alcoa Corp.	1.30%	598,004	$39.7M	Reduce -13.2%
CMCSA Comcast Corp. Class A	1.28%	1,356,984	$39.0M	Add +19080.0%
BF.B Brown-Forman Corp. Class B	1.21%	1,395,997	$36.9M	New
MHK Mohawk Industries Inc.	1.14%	353,433	$34.8M	Add +36.1%
HAL Halliburton Co.	1.14%	890,033	$34.7M	Add +10.7%
HDB HDFC Bank Ltd.-ADR	1.11%	1,359,856	$33.8M	Add +29.1%
DOW Dow Inc. filed as DOW HLDGS INC	1.00%	729,463	$30.4M	Add +11.4%
MRK Merck & Co. Inc.	0.99%	251,458	$30.2M	Reduce -15.4%
LCII Lci Industries	0.92%	227,477	$28.0M	Reduce -12.5%
BABA Alibaba Group Holding-SP ADR	0.71%	172,660	$21.7M	Reduce -2.5%
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE	0.70%	263,115	$21.3M	New
SWKS Skyworks Solutions Inc.	0.64%	366,179	$19.6M	New
SON Sonoco Products Co.	0.62%	347,853	$18.8M	Add +608.5%
OC Owens Corning	0.57%	161,642	$17.5M	New
CNC Centene Corp.	0.52%	479,954	$15.7M	Reduce -20.2%
SLGN Silgan Holdings Inc.	0.39%	307,806	$11.9M	New
FMC FMC Corp.	0.37%	661,394	$11.4M	Add +1092.8%
BBWI Bath & Body Works Inc.	0.33%	545,534	$10.2M	Reduce -12.0%
CNQ Canadian Natural Resources	0.22%	134,731	$6.6M	Reduce -7.6%
RY Royal Bank of Canada	0.17%	31,843	$5.1M	No change
LYB Lyondellbasell Indu Class A	0.13%	49,926	$4.0M	Reduce -34.7%
ACLS Axcelis Technologies Inc.	0.13%	41,408	$3.9M	Add +123.4%
NTR Nutrien Ltd.	0.11%	42,699	$3.2M	Reduce -99.2%
UBS UBS Group AG-Reg	0.10%	75,301	$2.9M	Reduce -19.2%
ABEV Ambev SA-ADR	0.09%	967,134	$2.8M	Add +62.0%
CNI Canadian Natl Railway Co.	0.09%	26,801	$2.8M	Add +32.4%
AVT Avnet Inc.	0.09%	44,407	$2.7M	No change
ICHR Ichor Holdings Ltd.	0.09%	58,390	$2.7M	No change
CPRI Capri Holdings Ltd.	0.09%	153,570	$2.7M	Add +0.1%
CRC California Resources Corp.	0.09%	37,541	$2.6M	No change
ONTO Onto Innovation Inc.	0.08%	12,291	$2.5M	No change
WCC Wesco International Inc.	0.07%	8,319	$2.3M	Reduce -34.8%
COLB Columbia Banking System Inc.	0.07%	82,790	$2.3M	Reduce -8.1%
AZN Astrazeneca PLC	0.07%	11,643	$2.3M	New
RNR Renaissancere Holdings Ltd.	0.07%	7,614	$2.3M	New
ASO Academy Sports & Outdoors Inc.	0.07%	39,312	$2.2M	No change
AER Aercap Holdings NV	0.07%	16,027	$2.2M	Add +0.9%
INMD Inmode Ltd.	0.06%	143,658	$2.0M	No change
CZR Caesars Entertainment Inc.	0.06%	73,499	$1.9M	No change
BCC Boise Cascade Co.	0.06%	25,212	$1.9M	Add +6.2%
MAN Manpowergroup Inc.	0.06%	64,118	$1.9M	Reduce -89.5%
OLN Olin Corp.	0.06%	61,315	$1.8M	Add +2.5%
CHRD Chord Energy Corp.	0.06%	11,900	$1.7M	No change
BANC Banc of California Inc.	0.06%	95,387	$1.7M	Add +8.0%
WYNN WYNN Resorts Ltd.	0.05%	16,225	$1.6M	No change
MSM MSC Industrial Direct Co. Class A	0.05%	17,710	$1.6M	New
VALE Vale SA-SP ADR	0.05%	101,727	$1.6M	Reduce -44.2%
WD Walker & Dunlop Inc.	0.05%	35,629	$1.6M	Add +96.7%
PVH PVH Corp.	0.05%	21,302	$1.5M	Add +428.9%
SLM SLM Corp.	0.05%	68,100	$1.5M	Add +0.9%
VET Vermilion Energy Inc.	0.05%	105,369	$1.5M	No change
ACHC Acadia Healthcare Co. Inc.	0.04%	57,098	$1.3M	Add +29.7%
FAF First American Financial	0.04%	21,116	$1.3M	Reduce -38.2%
IVZ Invesco Ltd.	0.04%	50,321	$1.2M	Reduce -22.3%
ITGR Integer Holdings Corp.	0.04%	13,739	$1.2M	New
NSP Insperity Inc.	0.04%	42,734	$1.2M	Add +6.1%
PSIX Power Solutions Internationa	0.03%	16,238	$989K	New
JAZZ Jazz Pharmaceuticals PLC	0.03%	5,172	$978K	No change
THO Thor Industries Inc.	0.03%	12,155	$971K	No change
BZ Kanzhun Ltd. - ADR	0.03%	67,813	$908K	No change
LRN Stride Inc.	0.03%	10,090	$890K	New
NVST Envista Holdings Corp.	0.03%	33,860	$859K	Reduce -27.4%
ATKR Atkore Inc.	0.02%	11,401	$672K	No change
AGO Assured Guaranty Ltd.	0.02%	7,938	$647K	No change
UGI Ugi Corp.	0.02%	17,112	$623K	Reduce -40.8%
JXN Jackson Financial Inc. Class A	0.02%	5,794	$613K	Reduce -50.9%
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I	0.02%	59,441	$588K	No change
VSXY Victoria's Secret & Co.	0.02%	12,341	$572K	Reduce -75.7%
MOH Molina Healthcare Inc.	0.02%	4,166	$555K	Add +1.4%
AMN Amn Healthcare Services Inc.	0.02%	29,767	$546K	Reduce -35.0%
PII Polaris Inc.	0.02%	9,364	$510K	Reduce -56.6%
VSH Vishay Intertechnology Inc.	0.02%	25,563	$460K	No change
KFY Korn Ferry	0.01%	7,251	$456K	Reduce -71.8%
WB Weibo Corp.-Spon ADR	0.01%	52,156	$456K	No change
CC The Chemours Co.	0.01%	20,150	$444K	No change
PLOW Douglas Dynamics Inc.	0.01%	10,193	$429K	Reduce -37.8%
UCTT Ultra Clean Holdings Inc.	0.01%	6,694	$416K	New
FIBK First Interstate Bancsys-A	0.01%	12,411	$415K	New
NAVI Navient Corp.	0.01%	48,972	$401K	No change
CRI Carter's Inc.	0.01%	10,956	$392K	Reduce -29.4%
AMWD American Woodmark Corp.	0.01%	9,644	$384K	Add +31.2%
FOXF Fox Factory Holding Corp.	0.01%	20,324	$335K	New
APAM Artisan Partners Asset Ma -A	0.01%	8,885	$323K	No change
LEG Leggett & Platt Inc.	0.01%	32,420	$320K	No change
LZB La-Z-Boy Inc.	0.01%	9,733	$313K	Add +42.1%
SHG Shinhan Financial Group-ADR	0.01%	4,711	$289K	Reduce -7.8%
MU Micron Technology Inc.	0.01%	850	$287K	Add +18.2%
EPC Edgewell Personal Care Co.	0.01%	9,610	$205K	New
OXY Occidental Petroleum Corp.	0.01%	3,142	$204K	New
JBI Janus International Group Inc.	0.01%	34,577	$178K	New
HTGC Hercules Capital Inc.	0.01%	11,223	$166K	No change
OGN Organon & Co.	0.00%	20,735	$124K	No change

Portfolio Sells Q4 2025 → Q1 2026


NTR Nutrien Ltd.	Reduce -99.2%	0.11%	−8.83
BAP Credicorp Ltd.	Sold out	0.00%	−5.46
TCOM Trip.com Group Ltd.-ADR	Reduce -27.4%	4.68%	−3.05
MLCO Melco Resorts & Entert-ADR	Reduce -36.5%	2.71%	−2.01
GLOB Globant SA	Reduce -45.5%	1.67%	−1.94
LEA Lear Corp.	Sold out	0.00%	−1.23
BBD Banco Bradesco-ADR	Reduce -33.3%	9.01%	−1.22
EPAM Epam Systems Inc.	Sold out	0.00%	−1.08
BIDU Baidu Inc. - Spon ADR	Sold out	0.00%	−1.08
ALK Alaska Air Group Inc.	Sold out	0.00%	−1.03
ELV Elevance Health Inc.	Reduce -26.2%	1.97%	−0.68
MAN Manpowergroup Inc.	Reduce -89.5%	0.06%	−0.43
BAX Baxter International Inc.	Sold out	0.00%	−0.43
CTSH Cognizant Tech Solutions-A	Sold out	0.00%	−0.32
ACN Accenture PLC Class A	Sold out	0.00%	−0.19
CNC Centene Corp.	Reduce -20.2%	0.52%	−0.16
NXPI NXP Semiconductors NV	Reduce -12.7%	1.47%	−0.07
VSXY Victoria's Secret & Co.	Reduce -75.7%	0.02%	−0.06
GSL Global Ship Lease Inc. Class A	Sold out	0.00%	−0.05
KFY Korn Ferry	Reduce -71.8%	0.01%	−0.03
GGB Gerdau SA -Spon ADR	Sold out	0.00%	−0.02
UBS UBS Group AG-Reg	Reduce -19.2%	0.10%	−0.02
PII Polaris Inc.	Reduce -56.6%	0.02%	−0.02
FAF First American Financial	Reduce -38.2%	0.04%	−0.02
JXN Jackson Financial Inc. Class A	Reduce -50.9%	0.02%	−0.01
INDV Indivior Ltd.	Sold out	0.00%	−0.01
VALE Vale SA-SP ADR	Reduce -44.2%	0.05%	−0.01
WCC Wesco International Inc.	Reduce -34.8%	0.07%	−0.01
UGI Ugi Corp.	Reduce -40.8%	0.02%	−0.01
KELYA Kelly Services Inc. Class A	Sold out	0.00%	−0.01
HCC Warrior Met Coal Inc.	Sold out	0.00%	−0.01
TNET Trinet Group Inc.	Sold out	0.00%	−0.01
SKM SK Telecom Co. Ltd.-Spon ADR	Sold out	0.00%	−0.01
CNXC Concentrix Corp.	Sold out	0.00%	−0.01
IVZ Invesco Ltd.	Reduce -22.3%	0.04%	−0.01
C Citigroup Inc.	Sold out	0.00%	−0.01
BBWI Bath & Body Works Inc.	Reduce -12.0%	0.33%	−0.00
NWL Newell Brands Inc.	Sold out	0.00%	−0.00
AMN Amn Healthcare Services Inc.	Reduce -35.0%	0.02%	−0.00
CRI Carter's Inc.	Reduce -29.4%	0.01%	−0.00
PLOW Douglas Dynamics Inc.	Reduce -37.8%	0.01%	−0.00
NVST Envista Holdings Corp.	Reduce -27.4%	0.03%	+0.00
SHG Shinhan Financial Group-ADR	Reduce -7.8%	0.01%	+0.00
BABA Alibaba Group Holding-SP ADR	Reduce -2.5%	0.71%	+0.00
COLB Columbia Banking System Inc.	Reduce -8.1%	0.07%	+0.01
LYB Lyondellbasell Indu Class A	Reduce -34.7%	0.13%	+0.04
LCII Lci Industries	Reduce -12.5%	0.92%	+0.06
CNQ Canadian Natural Resources	Reduce -7.6%	0.22%	+0.08
MRK Merck & Co. Inc.	Reduce -15.4%	0.99%	+0.14
AA Alcoa Corp.	Reduce -13.2%	1.30%	+0.30

Portfolio Buys Q4 2025 → Q1 2026


XP XP Inc. Class A	Add +4.0%	12.94%	+4.06
NOK Nokia Corp.-Spon ADR	Add +166.4%	5.38%	+4.03
TTE Totalenergies SE	Add +139.6%	3.65%	+2.76
CMCSA Comcast Corp. Class A	Add +19080.0%	1.28%	+1.27
BF.B Brown-Forman Corp. Class B	New	1.21%	+1.21
SQM Quimica Y Minera Chil-SP ADR	New	0.70%	+0.70
SWKS Skyworks Solutions Inc.	New	0.64%	+0.64
LVS Las Vegas Sands Corp.	Add +10.1%	6.63%	+0.59
DOW Dow Inc.	Add +11.4%	1.00%	+0.58
OC Owens Corning	New	0.57%	+0.57
SON Sonoco Products Co.	Add +608.5%	0.62%	+0.56
HAL Halliburton Co.	Add +10.7%	1.14%	+0.52
SLGN Silgan Holdings Inc.	New	0.39%	+0.39
MHK Mohawk Industries Inc.	Add +36.1%	1.14%	+0.37
FMC FMC Corp.	Add +1092.8%	0.37%	+0.35
TROW T Rowe Price Group Inc.	Add +8.7%	1.31%	+0.17
ACLS Axcelis Technologies Inc.	Add +123.4%	0.13%	+0.09
AZN Astrazeneca PLC	New	0.07%	+0.07
RNR Renaissancere Holdings Ltd.	New	0.07%	+0.07
HDB HDFC Bank Ltd.-ADR	Add +29.1%	1.11%	+0.06
MSM MSC Industrial Direct Co. Class A	New	0.05%	+0.05
ABEV Ambev SA-ADR	Add +62.0%	0.09%	+0.05
PVH PVH Corp.	Add +428.9%	0.05%	+0.04
ITGR Integer Holdings Corp.	New	0.04%	+0.04
CNI Canadian Natl Railway Co.	Add +32.4%	0.09%	+0.04
PSIX Power Solutions Internationa	New	0.03%	+0.03
LRN Stride Inc.	New	0.03%	+0.03
ACHC Acadia Healthcare Co. Inc.	Add +29.7%	0.04%	+0.03
OLN Olin Corp.	Add +2.5%	0.06%	+0.03
WD Walker & Dunlop Inc.	Add +96.7%	0.05%	+0.02
BCC Boise Cascade Co.	Add +6.2%	0.06%	+0.02
UCTT Ultra Clean Holdings Inc.	New	0.01%	+0.01
FIBK First Interstate Bancsys-A	New	0.01%	+0.01
FOXF Fox Factory Holding Corp.	New	0.01%	+0.01
AER Aercap Holdings NV	Add +0.9%	0.07%	+0.01
BANC Banc of California Inc.	Add +8.0%	0.06%	+0.01
EPC Edgewell Personal Care Co.	New	0.01%	+0.01
OXY Occidental Petroleum Corp.	New	0.01%	+0.01
JBI Janus International Group Inc.	New	0.01%	+0.01
MU Micron Technology Inc.	Add +18.2%	0.01%	+0.00
LZB La-Z-Boy Inc.	Add +42.1%	0.01%	+0.00
AMWD American Woodmark Corp.	Add +31.2%	0.01%	+0.00
MOH Molina Healthcare Inc.	Add +1.4%	0.02%	−0.00
SLM SLM Corp.	Add +0.9%	0.05%	−0.00
NSP Insperity Inc.	Add +6.1%	0.04%	−0.00
CPRI Capri Holdings Ltd.	Add +0.1%	0.09%	−0.01
HUM Humana Inc.	Add +3.1%	1.31%	−0.25

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