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

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 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 $3.9B Q2 2026

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%
UGI Ugi Corp. 0.02% 17,216 $595K Add +0.6%
PII Polaris Inc. 0.01% 8,043 $550K Reduce -14.1%
PLOW Douglas Dynamics Inc. 0.01% 10,193 $550K No change
FOXF Fox Factory Holding Corp. 0.01% 30,487 $517K Add +50.0%
UCTT Ultra Clean Holdings Inc. 0.01% 3,552 $506K Reduce -46.9%
KFY Korn Ferry 0.01% 7,251 $483K No change
JBI Janus International Group Inc. 0.01% 79,052 $439K Add +128.6%
CC The Chemours Co. 0.01% 20,150 $413K No change
LZB La-Z-Boy Inc. 0.01% 9,733 $390K No change
FOUR SHIFT4 Payments Inc. Class A 0.01% 7,238 $352K New
APAM Artisan Partners Asset Ma -A 0.01% 8,885 $307K No change
SMPL The Simply Good Foods Co. 0.01% 22,579 $300K New
OLED Universal Display Corp. 0.01% 3,305 $286K New
EPC Edgewell Personal Care Co. 0.01% 9,610 $258K No change
TNET Trinet Group Inc. 0.01% 4,978 $246K New
INDV Indivior Pharmaceuticals Inc. 0.01% 5,920 $243K New
REPX Riley Exploration Permian Inc. 0.01% 7,139 $235K New
UNM Unum Group 0.01% 2,506 $224K New
LEA Lear Corp. 0.01% 1,623 $218K New
SW Smurfit Westrock PLC 0.01% 4,434 $205K New
BRBR Bellring Brands Inc. 0.00% 14,714 $190K New

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

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