Ramirez Asset Management, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Ramirez Asset Management, Inc. reported 378 stock positions worth $480.7 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 5.9% of the portfolio, followed by Tencent Holdings Ltd.-Uns ADR (TCEHY, 3.1%) and KB Financial Group Inc.-ADR (KB, 2.7%). Compared with Q4 2024, it opened 37 new positions, sold out of 43, added to 51 and reduced 142. The biggest buy was Itau Unibanco H-Spon PRF ADR (ITUB, shares +45%) and the biggest sale Icici Bank Ltd.-Spon ADR (IBN, shares −99%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001992110
Portfolio Value
$480.7M (Q1 2025)
SEC Filing
0001992110-25-000005 ↗ filed May 7, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $495.8M Q1 2024 Q2 2024: $491.3M Q2 2024 Q3 2024: $521.2M Q3 2024 Q4 2024: $495.6M Q4 2024 Q1 2025: $480.7M $480.7M Q1 2025 Q2 2025: $661.2M Q2 2025 Q3 2025: $720.1M Q3 2025 Q4 2025: $758.2M Q4 2025 Q1 2026: $831.7M Q1 2026 Q2 2026: $959.3M Q2 2026

Holdings 378 stocks · $480.7M

TSM Taiwan Semiconductor-SP ADR 5.93% 171,712 $28.5M Add +1.5%
TCEHY Tencent Holdings Ltd.-Uns ADR 3.08% 231,569 $14.8M Reduce -6.2%
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC 2.75% 244,242 $13.2M Add +0.4%
MPNGY Meituan - Unsp ADR 2.29% 274,412 $11.0M Reduce -5.9%
BABA Alibaba Group Holding-SP ADR 2.13% 77,322 $10.2M Reduce -4.2%
ITUB Itau Unibanco H-Spon PRF ADR 2.12% 1,856,717 $10.2M Add +44.7%
JBSAY JBS SA-Sponsored ADR 1.87% 626,054 $9.0M Reduce -7.8%
GBOOY Grupo Fin Banorte-Spon ADR 1.80% 249,157 $8.7M Add +10.7%
SBLK Star Bulk Carriers Corp. 1.63% 502,529 $7.8M Add +18.4%
FTI Technipfmc PLC 1.49% 225,875 $7.2M Reduce -8.3%
RNMBY Rheinmetall AG-Unsp ADR 1.46% 24,579 $7.0M Reduce -54.3%
SHG Shinhan Financial Group-ADR 1.44% 215,892 $6.9M Add +11.2%
SFTBY Softbank Group Corp.-Unsp ADR 1.37% 263,685 $6.6M Reduce -9.0%
SMFG Sumitomo Mitsui-Spons ADR 1.32% 409,398 $6.3M Reduce -8.8%
MSFT Microsoft Corp. 1.31% 16,763 $6.3M Reduce -0.7%
AAPL Apple Inc. 1.29% 27,816 $6.2M Reduce -0.5%
ENGIY Engie-Spon ADR 1.28% 315,284 $6.1M Add +29.4%
CX Cemex Sab-Spons ADR Part Cer 1.14% 980,740 $5.5M Add +22.6%
BAESY Bae Systems PLC -Spon ADR 1.11% 66,555 $5.4M Reduce -1.8%
NVDA Nvidia Corp. 1.11% 49,421 $5.4M Reduce -13.4%
BDORY Banco Do Brasil SA-Spon ADR 1.11% 1,082,627 $5.3M Add +2.5%
VEOEY Veolia Environnement-ADR 1.11% 309,833 $5.3M Add +8.5%
MUFG Mitsubishi Ufj Finl-Spon ADR 1.09% 386,020 $5.3M Reduce -9.6%
AXAHY AXA -Spons ADR 1.08% 122,026 $5.2M Reduce -6.3%
KOF Coca-Cola Femsa Sab-SP ADR 1.00% 52,791 $4.8M Add +285.9%
PBR Petroleo Brasileiro-Spon ADR 0.99% 332,500 $4.8M Reduce -2.2%
EMBJ Embraer SA-Spon ADR 0.93% 96,620 $4.5M Reduce -41.5%
MARUY Marubeni Corp.-Unspons ADR 0.92% 27,816 $4.4M Add +77.0%
MU Micron Technology Inc. 0.89% 49,371 $4.3M Reduce -3.5%
SBGSY Schneider Elect SE-Unsp ADR 0.83% 87,973 $4.0M New
TLK Telkom Indonesia Persero-ADR filed as P T TELEKOMUNIKASI INDONESIA 0.80% 261,417 $3.9M New
AMZN Amazon.com Inc. 0.80% 20,195 $3.8M Add +6.6%
SIMO Silicon Motion Technol-ADR 0.79% 75,260 $3.8M Reduce -1.7%
HTHIY Hitachi Ltd. -ADR 0.79% 164,460 $3.8M Reduce -13.4%
JPM JPMorgan Chase & Co. 0.78% 15,344 $3.8M Reduce -1.2%
SCCO Southern Copper Corp. 0.78% 40,261 $3.7M Reduce -8.9%
VIST Vista Energy Sab DE CV 0.76% 78,140 $3.6M Reduce -4.9%
TCOM Trip.com Group Ltd.-ADR 0.75% 56,703 $3.6M Reduce -4.9%
LIN Linde PLC 0.73% 7,526 $3.5M Reduce -13.2%
RNECY Renesas Electro-Unspon ADR 0.72% 520,511 $3.5M Reduce -5.7%
EADSY Airbus SE - Unsp ADR 0.72% 78,450 $3.4M Reduce -1.0%
DTEGY Deutsche Telekom AG-Spon ADR 0.71% 92,181 $3.4M Reduce -9.3%
DSCSY Disco Corp.-Unsponsored ADR 0.69% 166,101 $3.3M Reduce -9.9%
SDZNY Sandoz Group AG-ADR 0.69% 79,106 $3.3M Reduce -8.8%
FUJIY Fujifilm Holdings-Unsp ADR 0.67% 340,937 $3.2M Reduce -8.5%
V Visa Inc. Class A 0.66% 9,085 $3.2M Reduce -1.8%
META Meta Platforms Inc. Class A 0.66% 5,511 $3.2M Reduce -10.5%
VCISY Vinci S.A.-Unspons ADR 0.65% 99,922 $3.1M Add +47.3%
CCJ Cameco Corp. 0.64% 75,195 $3.1M Add +7419.5%
ABBV Abbvie Inc. 0.61% 13,927 $2.9M Reduce -0.1%
CP Canadian Pacific Kansas City 0.60% 41,241 $2.9M Add +43.3%
AZN Astrazeneca PLC-Spons ADR 0.60% 38,983 $2.9M Reduce -26.3%
AU Anglogold Ashanti PLC 0.59% 76,939 $2.9M Add +4.9%
GOOGL Alphabet Inc. Class A 0.58% 18,156 $2.8M Reduce -1.1%
YMM Full Truck Alliance -SPN ADR 0.57% 214,140 $2.7M Reduce -5.5%
LNSTY London Stock Exchg-Unsp ADR 0.56% 73,205 $2.7M Reduce -8.3%
NDBKY Nedbank Group Ltd.-Spons ADR 0.55% 189,948 $2.7M Add +78.1%
EONGY E.on SE -Sponsored ADR filed as E ON AG 0.54% 171,082 $2.6M New
TRMD Torm PLC-A 0.53% 156,065 $2.6M Reduce -2.0%
IWF iShares Russell 1000 Growth 0.53% 7,050 $2.5M No change
FMX Fomento Economico Mex-SP ADR 0.52% 25,767 $2.5M Add +126.0%
BBVA Banco Bilbao Vizcaya-SP ADR 0.52% 182,509 $2.5M Add +4.5%
MIELY Mitsubishi Electric-Unsp ADR 0.51% 67,571 $2.5M New
NSRGY Nestle SA-Spons ADR 0.51% 24,278 $2.5M Reduce -3.0%
FRO Frontline PLC 0.50% 163,283 $2.4M Add +0.0%
DSNKY Daiichi Sankyo Co.-Spon ADR 0.49% 100,000 $2.3M Add +44.3%
SGBLY Standard Bank Group-Spon ADR 0.48% 178,225 $2.3M Reduce -5.4%
CLLNY Cellnex Telecom Sau-Unsp ADR 0.48% 130,619 $2.3M New
ASX Ase Technology Holding -ADR 0.47% 259,106 $2.3M Reduce -5.3%
LNT Alliant Energy Corp. 0.47% 35,176 $2.3M Reduce -0.7%
SSEZY Sse PLC-SPN ADR 0.46% 108,485 $2.2M New
AVGO Broadcom Inc. 0.46% 13,322 $2.2M Add +79.3%
GOOG Alphabet Inc. Class C 0.46% 14,090 $2.2M Reduce -22.7%
AER Aercap Holdings NV 0.44% 20,500 $2.1M New
KEP Korea Elec Power Corp.-SP ADR 0.43% 279,980 $2.1M Add +4.2%
ETN Eaton Corp. PLC 0.41% 7,191 $2.0M Add +46.9%
AZO AutoZone Inc. 0.41% 512 $2.0M No change
SKM SK Telecom Co. Ltd.-Spon ADR 0.40% 91,165 $1.9M Reduce -2.8%
UNH Unitedhealth Group Inc. 0.39% 3,559 $1.9M No change
SW Smurfit Westrock PLC 0.37% 39,614 $1.8M New
KT KT Corp.-SP ADR 0.36% 98,533 $1.7M Reduce -5.5%
ASHTY Ashtead Group PLC-Unspon ADR 0.36% 8,124 $1.7M Reduce -10.1%
GD General Dynamics Corp. 0.36% 6,377 $1.7M No change
BKNG Booking Holdings Inc. 0.35% 370 $1.7M No change
HOCPY Hoya Corp.-Sponsored ADR 0.35% 15,135 $1.7M Reduce -15.4%
PH Parker Hannifin Corp. 0.33% 2,590 $1.6M No change
CRM Salesforce Inc. 0.33% 5,824 $1.6M Reduce -2.7%
TME Tencent Music Entertainm-ADR 0.32% 108,197 $1.6M Reduce -0.7%
NVO Novo-Nordisk A/S-Spons ADR 0.32% 22,122 $1.5M Reduce -0.9%
PR Permian Resources Corp. Class A 0.32% 109,900 $1.5M Add +41.4%
SNPS Synopsys Inc. 0.31% 3,527 $1.5M Reduce -0.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.31% 35,864 $1.5M Reduce -14.7%
CSLLY CSL Ltd.-Sponsored ADR filed as C S L LIMITED F 0.30% 18,751 $1.5M Reduce -14.0%
STLD Steel Dynamics Inc. 0.30% 11,604 $1.5M No change
CICHY China Construct-Unspon ADR 0.30% 80,584 $1.4M Reduce -5.6%
HON Honeywell International Inc. 0.29% 6,660 $1.4M Reduce -0.8%
AVB Avalonbay Communities Inc. 0.29% 6,541 $1.4M Reduce -1.9%
AXP American Express Co. 0.29% 5,208 $1.4M Reduce -0.2%
MPC Marathon Petroleum Corp. 0.29% 9,531 $1.4M No change
ABT Abbott Laboratories 0.29% 10,382 $1.4M No change
CPNG Coupang Inc. 0.29% 62,592 $1.4M New
GRAB Grab Holdings Ltd. Class A 0.29% 302,683 $1.4M New
MRK Merck & Co. Inc. 0.29% 15,266 $1.4M Reduce -3.8%
GGAL Grupo Financiero Galicia-ADR 0.28% 24,647 $1.3M New
CMS CMS Energy Corp. 0.28% 17,781 $1.3M Reduce -0.2%
ADBE Adobe Inc. 0.27% 3,441 $1.3M Reduce -4.2%
WF Woori Financial-Spon ADR 0.27% 39,465 $1.3M Reduce -4.2%
CSL Carlisle Cos Inc. 0.27% 3,864 $1.3M Reduce -0.3%
AMP Ameriprise Financial Inc. 0.27% 2,717 $1.3M Reduce -35.3%
SYK Stryker Corp. 0.27% 3,516 $1.3M No change
DIDIY Didi Global Inc. 0.27% 270,116 $1.3M Add +3.4%
BMA Banco Macro SA-ADR 0.27% 17,148 $1.3M New
KLAC KLA Corp. 0.26% 1,846 $1.3M Reduce -22.5%
PSX Phillips 66 0.25% 9,562 $1.2M No change
ODFL Old Dominion Freight Line 0.24% 7,085 $1.2M Reduce -1.7%
SPGI S&P Global Inc. 0.24% 2,297 $1.2M No change
HIG Hartford Insurance Group Inc. 0.24% 9,420 $1.2M No change
INTU Intuit Inc. 0.24% 1,880 $1.2M No change
TMO Thermo Fisher Scientific Inc. 0.23% 2,265 $1.1M Add +0.2%
CAT Caterpillar Inc. 0.23% 3,390 $1.1M Reduce -45.7%
ITT Itt Inc. 0.23% 8,578 $1.1M No change
BLX Bladex Inc. filed as Banco Latinoamericano de Comercio Exterior SA 0.23% 29,698 $1.1M No change
PEP Pepsico Inc. 0.22% 7,139 $1.1M Add +5.5%
ICE Intercontinental Exchange Inc. 0.22% 6,117 $1.1M No change
EQIX Equinix Inc. 0.21% 1,266 $1.0M No change
PRU Prudential Financial Inc. 0.21% 9,037 $1.0M No change
BSX Boston Scientific Corp. 0.21% 9,936 $1.0M Reduce -37.3%
CI The Cigna Group 0.21% 3,009 $990K No change
OKE Oneok Inc. 0.21% 9,969 $989K No change
HD Home Depot Inc. 0.20% 2,674 $980K Add +12.2%
TT Trane Technologies PLC 0.20% 2,874 $968K Add +190.6%
VSGX Vanguard ESG Intl Stock ETF 0.20% 16,151 $953K Add +3.8%
ARCO Arcos Dorados Holdings Inc. Class A 0.19% 114,281 $921K Add +11.8%
CACI Caci International Inc. Class A 0.19% 2,490 $914K No change
IVV iShares Core S&P 500 ETF 0.18% 1,555 $874K No change
MAR Marriott International Class A 0.17% 3,463 $825K Reduce -1.9%
DHI D.R. Horton Inc. 0.17% 6,477 $823K No change
PAYX Paychex Inc. 0.17% 5,212 $804K No change
AMAT Applied Materials Inc. 0.17% 5,513 $800K Reduce -28.4%
LLY Eli Lilly & Co. 0.16% 942 $778K New
PLD Prologis Inc. 0.16% 6,905 $772K Reduce -5.9%
LOW Lowe's Cos Inc. 0.15% 3,073 $717K Reduce -0.8%
NNGRY NN Group NV - Unspon ADR 0.15% 25,816 $715K No change
MS Morgan Stanley 0.14% 5,890 $687K No change
EDU New Oriental Educatio-SP ADR 0.14% 14,215 $680K Add +1.3%
CSCO Cisco Systems Inc. 0.14% 10,607 $655K No change
SHW The Sherwin-Williams Co. 0.13% 1,834 $640K Reduce -3.0%
AMD Advanced Micro Devices 0.13% 6,199 $637K Reduce -15.5%
VLO Valero Energy Corp. 0.13% 4,665 $616K No change
KGS Kodiak Gas Services Inc. 0.12% 15,925 $594K No change
C Citigroup Inc. 0.12% 8,235 $585K No change
PSA Public Storage 0.12% 1,899 $568K No change
ORCL Oracle Corp. 0.11% 3,886 $543K New
GOFPY Allwyn AG filed as Greek Org Of Football Prognost 0.11% 52,833 $523K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.10% 5,522 $463K No change
COR Cencora Inc. 0.10% 1,647 $458K No change
ACGL Arch Capital Group Ltd. 0.09% 4,724 $454K No change
DTE DTE Energy Company 0.09% 3,235 $447K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.09% 445 $440K No change
LYB Lyondellbasell Indu Class A 0.09% 6,021 $424K No change
FTNT Fortinet Inc. 0.09% 4,387 $422K No change
CDNS Cadence Design SYS Inc. 0.08% 1,571 $400K Add +14.6%
VRSK Verisk Analytics Inc. 0.08% 1,334 $397K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.08% 650 $364K No change
ANET Arista Networks Inc. 0.07% 4,528 $351K No change
HLT Hilton Worldwide Holdings Inc. 0.07% 1,525 $347K No change
CHD Church & Dwight Co. Inc. 0.07% 2,976 $328K Reduce -64.5%
EGP Eastgroup Properties Inc. 0.07% 1,834 $323K No change
OTIS Otis Worldwide Corp. 0.07% 3,071 $317K Reduce -1.6%
BX Blackstone Inc. 0.07% 2,266 $317K Reduce -30.6%
FR First Industrial Realty TR 0.07% 5,862 $316K No change
RF Regions Financial Corp. 0.07% 14,450 $314K No change
BKR Baker Hughes Co. 0.07% 7,122 $313K No change
A Agilent Technologies Inc. 0.06% 2,648 $310K No change
AME Ametek Inc. 0.06% 1,795 $309K No change
FANG Diamondback Energy Inc. 0.06% 1,905 $305K Reduce -61.0%
STT State Street Corp. 0.06% 3,355 $300K No change
LRCX Lam Research Corp. 0.06% 4,130 $300K Reduce -3.5%
MOH Molina Healthcare Inc. 0.06% 908 $299K No change
KEYS Keysight Technologies Inc. 0.06% 1,949 $292K No change
MSCI MSCI Inc. 0.06% 509 $288K No change
MLM Martin Marietta Materials 0.06% 595 $284K No change
ACWX iShares MSCI Acwi Ex US ETF 0.06% 4,971 $276K Reduce -93.6%
HSY The Hershey Co. 0.05% 1,539 $263K Reduce -22.6%
ROST Ross Stores Inc. 0.05% 2,057 $263K No change
MSI Motorola Solutions Inc. 0.05% 596 $261K Reduce -80.6%
GS Goldman Sachs Group Inc. 0.05% 475 $259K Reduce -13.6%
LEN Lennar Corp. Class A 0.05% 2,247 $258K No change
AIZ Assurant Inc. 0.05% 1,180 $248K No change
CW Curtiss-Wright Corp. 0.05% 771 $245K No change
NDAQ Nasdaq Inc. 0.05% 3,182 $241K New
CMI Cummins Inc. 0.05% 740 $232K No change
XLK SS Technology Select Sector 0.05% 1,100 $227K Reduce -21.4%
HUBB Hubbell Inc. 0.05% 683 $226K No change
FITB Fifth Third Bancorp 0.05% 5,628 $221K New
EXR Extra Space Storage Inc. 0.05% 1,483 $220K No change
AEE Ameren Corporation 0.05% 2,161 $217K No change
EMXC iShares MSCI Emr MRK Ex Chna 0.04% 3,913 $216K Add +12.2%
LH Labcorp Holdings Inc. 0.04% 896 $209K No change
PPG PPG Industries Inc. 0.04% 1,902 $208K Reduce -72.3%
EXPE Expedia Group Inc. 0.04% 1,217 $205K New
ANSS Ansys Inc. 0.04% 595 $188K No change
DRI Darden Restaurants Inc. 0.04% 900 $187K No change
JNJ Johnson & Johnson 0.04% 1,126 $187K Reduce -4.3%
COO The Cooper Cos Inc. 0.04% 2,212 $187K No change
ELV Elevance Health Inc. 0.04% 411 $179K No change
EEM iShares MSCI Emerging Market 0.04% 4,067 $178K Reduce -94.0%
ASML ASML Holding NV-NY Reg SHS 0.04% 265 $176K Reduce -96.4%
TYL Tyler Technologies Inc. 0.04% 300 $174K No change
JCI Johnson Controls Internation 0.04% 2,100 $168K Reduce -8.7%
SNOW Snowflake Inc. 0.04% 1,150 $168K Add +35.3%
IWP iShares Russell Mid-Cap Grow 0.03% 1,400 $164K Add +55.6%
XSW SS SPDR S&P Soft & Serv ETF 0.03% 1,000 $160K No change
BRK.B Berkshire Hathaway Inc. Class B 0.03% 300 $160K No change
RCL Royal Caribbean Cruises Ltd. 0.03% 777 $160K New
CRWD CrowdStrike Holdings Inc. Class A 0.03% 450 $159K Add +5.9%
DLR Digital Realty Trust Inc. 0.03% 1,086 $156K No change
VFH Vanguard Financials ETF 0.03% 1,210 $145K No change
VIS Vanguard Industrials ETF 0.03% 580 $144K No change
EPI Wisdomtree India Earnings 0.03% 3,250 $142K No change
VEEV Veeva Systems Inc. Class A 0.03% 600 $139K No change
IJH iShares Core S&P Midcap ETF 0.03% 2,375 $139K No change
IR Ingersoll-Rand Inc. 0.03% 1,700 $136K Reduce -10.5%
VHT Vanguard Health Care ETF 0.03% 510 $135K No change
STE Steris PLC 0.03% 594 $135K No change
CRL Charles River Laboratories 0.03% 892 $134K No change
ACN Accenture PLC Class A 0.03% 425 $133K Reduce -10.5%
VWO Vanguard Ftse Emerging Marke 0.03% 2,914 $132K Reduce -59.5%
AKAM Akamai Technologies Inc. 0.03% 1,624 $131K No change
IVOO Vanguard S&P Mid-Cap 400 ETF 0.03% 1,280 $126K No change
SHOP Shopify Inc. Class A 0.03% 1,300 $124K Reduce -7.1%
DDOG Datadog Inc. Class A 0.03% 1,250 $124K Add +19.1%
WMT Walmart Inc. 0.03% 1,400 $123K Add +180.0%
NVS Novartis AG-Sponsored ADR 0.03% 1,100 $123K Reduce -15.4%
SAP Sap SE-Sponsored ADR 0.03% 450 $121K No change
MET Metlife Inc. 0.03% 1,500 $120K Reduce -21.1%
XBI SS SPDR S&P Biotech ETF 0.02% 1,475 $120K Add +7.3%
PANW Palo Alto Networks Inc. 0.02% 700 $119K Reduce -12.5%
COST Costco Wholesale Corp. 0.02% 125 $118K Reduce -16.7%
APD Air Products & Chemicals Inc. 0.02% 400 $118K Reduce -20.0%
WDAY Workday Inc. Class A 0.02% 500 $117K Reduce -16.7%
WM Waste Management Inc. 0.02% 500 $116K Reduce -37.5%
KKR KKR & Co. Inc. 0.02% 1,000 $116K No change
NET Cloudflare Inc. Class A 0.02% 1,000 $113K Reduce -9.1%
STZ Constellation Brands Inc. Class A 0.02% 600 $110K No change
HUBS HubSpot Inc. 0.02% 190 $109K No change
VTWO Vanguard Russell 2000 ETF 0.02% 1,332 $107K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.02% 2,525 $106K Reduce -3.8%
BALL Ball Corp. 0.02% 2,016 $105K No change
ADSK Autodesk Inc. 0.02% 400 $105K Reduce -11.1%
CTRA Coterra Energy Inc. 0.02% 3,500 $101K Reduce -30.0%
CG The Carlyle Group Inc. 0.02% 2,300 $100K Reduce -17.9%
KMB Kimberly-Clark Corp. 0.02% 700 $100K Add +250.0%
PIPR Piper Sandler Cos 0.02% 400 $99K Reduce -20.0%
QQQ Invesco QQQ Trust Series 1 0.02% 200 $94K No change
ACM Aecom 0.02% 1,000 $93K New
VGK Vanguard Ftse Europe ETF 0.02% 1,300 $91K Add +44.4%
CNC Centene Corp. 0.02% 1,499 $91K No change
EQT Eqt Corp. 0.02% 1,600 $85K New
J Jacobs Solutions Inc. 0.02% 700 $85K No change
FCX Freeport-McMoran Inc. 0.02% 2,214 $84K Reduce -96.7%
CARR Carrier Global Corp. 0.02% 1,300 $82K Add +78.1%
WFC Wells Fargo & Co. 0.02% 1,144 $82K Reduce -8.0%
IBN Icici Bank Ltd.-Spon ADR 0.02% 2,540 $80K Reduce -99.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 800 $79K Reduce -11.1%
ICLR Icon PLC 0.02% 450 $79K Add +20.0%
CVX Chevron Corp. 0.02% 464 $78K No change
VDC Vanguard Consumer Staple ETF 0.02% 345 $75K No change
HOOD Robinhood Markets Inc. Class A 0.02% 1,800 $75K New
PEG Public Service Enterprise GP 0.02% 883 $73K No change
KVUE Kenvue Inc. 0.01% 3,000 $72K New
TKR Timken Co. 0.01% 1,000 $72K Reduce -9.1%
VPU Vanguard Utilities ETF 0.01% 420 $72K No change
NFLX Netflix Inc. 0.01% 75 $70K Add +50.0%
BMY Bristol-Myers Squibb Co. 0.01% 1,116 $68K Reduce -26.4%
MDT Medtronic PLC 0.01% 750 $67K No change
VEA Vanguard Ftse Developed ETF 0.01% 1,255 $64K No change
BLDR Builders Firstsource Inc. 0.01% 500 $62K No change
RBRK Rubrik Inc. Class A 0.01% 1,000 $61K No change
FROG Jfrog Ltd. 0.01% 1,900 $61K Reduce -5.0%
CRH CRH PLC 0.01% 1,100 $60K New
NOW ServiceNow Inc. 0.01% 75 $60K No change
GTLS Chart Industries Inc. 0.01% 400 $58K New
NVT Nvent Electric PLC 0.01% 1,100 $58K Reduce -8.3%
NTRA Natera Inc. 0.01% 400 $57K No change
WMG Warner Music Group Corp. Class A 0.01% 1,800 $56K Reduce -14.3%
LITE Lumentum Holdings Inc. 0.01% 900 $56K Reduce -10.0%
APO Apollo Global Management Inc. 0.01% 400 $55K New
VPL Vanguard Ftse Pacific ETF 0.01% 750 $54K No change
PODD Insulet Corp. 0.01% 200 $53K New
ZBH Zimmer Biomet Holdings Inc. 0.01% 450 $51K Reduce -74.2%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.01% 1,500 $49K Reduce -40.0%
IOT Samsara Inc. Class A 0.01% 1,200 $46K Reduce -36.8%
DELL Dell Technologies -C 0.01% 500 $46K New
IFRA iShares US Infrastructure 0.01% 1,000 $45K No change
TGT Target Corp. 0.01% 425 $44K Reduce -64.6%
UPS United Parcel Service Class B 0.01% 400 $44K No change
ONON On Holding AG Class A filed as ON HLDG AG 0.01% 1,000 $44K New
UBER Uber Technologies Inc. 0.01% 600 $44K No change
OLYMY Olympus Corp. - ADR 0.01% 3,263 $42K Add +112.7%
GTLB Gitlab Inc. Class A 0.01% 900 $42K Add +28.6%
STNG Scorpio Tankers Inc. 0.01% 1,102 $41K Add +5.9%
EFA iShares MSCI Eafe ETF 0.01% 500 $41K No change
KMI Kinder Morgan Inc. 0.01% 1,272 $36K No change
WCN Waste Connections Inc. 0.01% 182 $36K Add +122.0%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.01% 400 $34K New
CMCSA Comcast Corp. Class A 0.01% 900 $33K Reduce -66.7%
ZTS Zoetis Inc. 0.01% 200 $33K No change
AMGN Amgen Inc. 0.01% 100 $31K Reduce -49.5%
PDD PDD Holdings Inc. 0.01% 262 $31K Reduce -43.8%
TRN Trinity Industries Inc. 0.01% 1,100 $31K Reduce -15.4%
MRVL Marvell Technology Inc. 0.01% 500 $31K Reduce -70.6%
EIX Edison International 0.01% 500 $29K Reduce -79.2%
PGR Progressive Corp. 0.01% 100 $28K No change
SCBFY Standard Chartered- Unsp ADR 0.01% 923 $27K Reduce -46.0%
IYJ iShares U.S. Industrials ETF 0.01% 200 $26K New
PFE Pfizer Inc. 0.01% 1,020 $26K Reduce -44.0%
INDA iShares MSCI India ETF 0.01% 500 $26K New
IBB iShares Biotechnology ETF 0.01% 200 $26K New
AES AES Corp. 0.01% 2,000 $25K No change
DBSDY DBS Group Holdings-Spon ADR 0.01% 179 $25K No change
AZEK The Azek Co. Inc. 0.01% 500 $24K No change
MPLX MPLX LP 0.01% 450 $24K No change
ESLT Elbit Systems Ltd. 0.00% 62 $24K No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.00% 412 $24K Reduce -99.7%
SUZ Suzano SA - Spon ADR 0.00% 2,405 $22K Reduce -3.4%
UNCRY Unicredit SPA-ADR 0.00% 801 $22K Reduce -99.6%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.00% 500 $22K No change
FTV Fortive Corp. 0.00% 300 $22K No change
SIEGY Siemens AG-Spons ADR 0.00% 191 $22K No change
VTI VG Morningstar TS MKT ETF-US 0.00% 75 $21K No change
TFC Truist Financial Corp. 0.00% 500 $21K No change
IPXHY Inpex Corp.-Unspon ADR 0.00% 1,482 $20K No change
MDLZ Mondelez International Inc. Class A 0.00% 300 $20K No change
IWM iShares Russell 2000 ETF 0.00% 100 $20K No change
BYDDY BYD Co. Ltd.-Unsponsored ADR 0.00% 185 $19K Reduce -3.6%
DUK Duke Energy Corp. 0.00% 144 $18K No change
DQJCY Pan Pacific Intern-Unsp ADR 0.00% 581 $16K Reduce -99.6%
SPB Spectrum Brands Holdings Inc. 0.00% 216 $15K No change
HDB HDFC Bank Ltd.-ADR 0.00% 229 $15K Reduce -45.7%
CMG Chipotle Mexican Grill Inc. 0.00% 300 $15K No change
KTOS Kratos Defense & Security 0.00% 500 $15K New
XLV SS Health Care Select Sector 0.00% 100 $15K No change
TD Toronto-Dominion Bank 0.00% 235 $14K No change
HMC Honda Motor Co. Ltd.-Spons ADR 0.00% 500 $14K No change
XLI SS Industrial Select Sector 0.00% 100 $13K New
IFNNY Infineon Technologies-ADR 0.00% 397 $13K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.00% 50 $12K No change
SSLZY Santos Ltd.-Sponsored ADR filed as SANTON LTD SPONSORED ADR 0.00% 2,978 $12K No change
XYL Xylem Inc. 0.00% 100 $12K No change
PUK Prudential PLC-ADR 0.00% 502 $11K No change
GLNCY Glencore PLC -Unsp ADR 0.00% 1,483 $11K Reduce -16.6%
ING ING Groep N.V.-Sponsored ADR 0.00% 547 $11K No change
JEF Jefferies Financial Group Inc. 0.00% 200 $11K New
IEMG iShares Core MSCI Emerging 0.00% 188 $10K Reduce -95.4%
ORLY O'reilly Automotive Inc. 0.00% 7 $10K No change
D Dominion Energy Inc. 0.00% 166 $9K No change
WY Weyerhaeuser Co. 0.00% 302 $9K No change
MDB Mongodb Inc. 0.00% 50 $9K New
LVMUY LVMH Moet Hennessy-Unsp ADR 0.00% 71 $9K Reduce -99.5%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 150 $8K New
FSLY Fastly Inc. Class A 0.00% 1,100 $7K Reduce -65.6%
ESAIY Eisai Co. Ltd. 0.00% 990 $7K No change
RECKITT BENCKISER-SPON ADR 0.00% 503 $7K No change
RDY Dr. Reddy's Laboratories-ADR 0.00% 510 $7K Reduce -50.2%
CJPRY Central Japan Rai-Unspon ADR 0.00% 658 $6K No change
CMBT CMB Tech NV 0.00% 690 $6K No change
BIDU Baidu Inc. - Spon ADR 0.00% 68 $6K No change
STLA Stellantis NV 0.00% 472 $5K Reduce -28.7%
GXYYY Galaxy Entertainmen-Unsp ADR 0.00% 221 $4K No change
VTRS Viatris Inc. 0.00% 441 $4K Reduce -61.4%
ANGLO AMERN PLC SPONSORED ADR 0.00% 156 $2K No change
PARAA Paramount Global Class B 0.00% 155 $2K No change
AMTM Amentum Holdings Inc. 0.00% 100 $2K Reduce -85.7%
ZIMV Zimvie Inc. 0.00% 25 $270 Reduce -44.4%
SZKMY Suzuki Motor Corp.-Uns ADR 0.00% 1 $60 No change
NILSY MMC Norilsk Nickel PJSC-ADR 0.00% 93 $0 No change
LUKOY Lukoil PJSC-Spon ADR 0.00% 311 $0 No change

Portfolio Sells Q4 2024 → Q1 2025

IBN Icici Bank Ltd.-Spon ADR Reduce -99.3% 0.02% −2.24
HSBC HSBC Holdings PLC-Spons ADR Reduce -99.7% 0.00% −1.20
ASML ASML Holding NV-NY Reg SHS Reduce -96.4% 0.04% −0.99
TECK Teck Resources Ltd.-CLS B Sold out 0.00% −0.89
UNCRY Unicredit SPA-ADR Reduce -99.6% 0.00% −0.79
DQJCY Pan Pacific Intern-Unsp ADR Reduce -99.6% 0.00% −0.78
ACWX iShares MSCI Acwi Ex US ETF Reduce -93.6% 0.06% −0.76
EEM iShares MSCI Emerging Market Reduce -94.0% 0.04% −0.54
FCX Freeport-McMoran Inc. Reduce -96.7% 0.02% −0.50
NVDA Nvidia Corp. Reduce -13.4% 1.11% −0.43
LVMUY LVMH Moet Hennessy-Unsp ADR Reduce -99.5% 0.00% −0.42
SFTBY Softbank Group Corp.-Unsp ADR Reduce -9.0% 1.37% −0.34
DSCSY Disco Corp.-Unsponsored ADR Reduce -9.9% 0.69% −0.32
GLOB Globant SA Sold out 0.00% −0.31
EMBJ Embraer SA-Spon ADR Reduce -41.5% 0.93% −0.29
ASMVY Asmpt Ltd.-Unsp ADR Sold out 0.00% −0.26
GOOG Alphabet Inc. Class C Reduce -22.7% 0.46% −0.24
MSI Motorola Solutions Inc. Reduce -80.6% 0.05% −0.23
CAT Caterpillar Inc. Reduce -45.7% 0.23% −0.22
AMP Ameriprise Financial Inc. Reduce -35.3% 0.27% −0.18
HTHIY Hitachi Ltd. -ADR Reduce -13.4% 0.79% −0.17
ISNPY Intesa Sanpaolo-Spon ADR Sold out 0.00% −0.16
DHR Danaher Corp. Sold out 0.00% −0.15
VIST Vista Energy Sab DE CV Reduce -4.9% 0.76% −0.14
AAPL Apple Inc. Reduce -0.5% 1.29% −0.13
MSFT Microsoft Corp. Reduce -0.7% 1.31% −0.13
PPG PPG Industries Inc. Reduce -72.3% 0.04% −0.12
GOOGL Alphabet Inc. Class A Reduce -1.1% 0.58% −0.12
FUJIY Fujifilm Holdings-Unsp ADR Reduce -8.5% 0.67% −0.12
CHD Church & Dwight Co. Inc. Reduce -64.5% 0.07% −0.11
AZN Astrazeneca PLC-Spons ADR Reduce -26.3% 0.60% −0.10
HOCPY Hoya Corp.-Sponsored ADR Reduce -15.4% 0.35% −0.10
FANG Diamondback Energy Inc. Reduce -61.0% 0.06% −0.10
ASHTY Ashtead Group PLC-Unspon ADR Reduce -10.1% 0.36% −0.09
TRMD Torm PLC-A Reduce -2.0% 0.53% −0.09
AMAT Applied Materials Inc. Reduce -28.4% 0.17% −0.09
ASX Ase Technology Holding -ADR Reduce -5.3% 0.47% −0.08
CSLLY CSL Ltd.-Sponsored ADR Reduce -14.0% 0.30% −0.08
CRM Salesforce Inc. Reduce -2.7% 0.33% −0.08
BSX Boston Scientific Corp. Reduce -37.3% 0.21% −0.08
TCOM Trip.com Group Ltd.-ADR Reduce -4.9% 0.75% −0.08
NVO Novo-Nordisk A/S-Spons ADR Reduce -0.9% 0.32% −0.07
META Meta Platforms Inc. Class A Reduce -10.5% 0.66% −0.07
CEG Constellation Energy Sold out 0.00% −0.06
BAC Bank of America Corp. Reduce -14.7% 0.31% −0.06
EG Everest Group Ltd. Sold out 0.00% −0.05
ADBE Adobe Inc. Reduce -4.2% 0.27% −0.05
BX Blackstone Inc. Reduce -30.6% 0.07% −0.05
AMD Advanced Micro Devices Reduce -15.5% 0.13% −0.05
SIMO Silicon Motion Technol-ADR Reduce -1.7% 0.79% −0.04

Portfolio Buys Q4 2024 → Q1 2025

ITUB Itau Unibanco H-Spon PRF ADR Add +44.7% 2.12% +0.84
SBGSY Schneider Elect SE-Unsp ADR New 0.83% +0.83
TLK Telkom Indonesia Persero-ADR New 0.80% +0.80
KOF Coca-Cola Femsa Sab-SP ADR Add +285.9% 1.00% +0.79
CCJ Cameco Corp. Add +7419.5% 0.64% +0.63
EONGY E.on SE -Sponsored ADR New 0.54% +0.54
MIELY Mitsubishi Electric-Unsp ADR New 0.51% +0.51
ENGIY Engie-Spon ADR Add +29.4% 1.28% +0.50
CLLNY Cellnex Telecom Sau-Unsp ADR New 0.48% +0.48
SSEZY Sse PLC-SPN ADR New 0.46% +0.46
MARUY Marubeni Corp.-Unspons ADR Add +77.0% 0.92% +0.44
AER Aercap Holdings NV New 0.44% +0.44
SW Smurfit Westrock PLC New 0.37% +0.37
SBLK Star Bulk Carriers Corp. Add +18.4% 1.63% +0.35
GBOOY Grupo Fin Banorte-Spon ADR Add +10.7% 1.80% +0.33
FMX Fomento Economico Mex-SP ADR Add +126.0% 0.52% +0.33
VCISY Vinci S.A.-Unspons ADR Add +47.3% 0.65% +0.30
VEOEY Veolia Environnement-ADR Add +8.5% 1.11% +0.30
CPNG Coupang Inc. New 0.29% +0.29
GRAB Grab Holdings Ltd. Class A New 0.29% +0.29
GGAL Grupo Financiero Galicia-ADR New 0.28% +0.28
BDORY Banco Do Brasil SA-Spon ADR Add +2.5% 1.11% +0.28
BMA Banco Macro SA-ADR New 0.27% +0.27
AU Anglogold Ashanti PLC Add +4.9% 0.59% +0.25
CX Cemex Sab-Spons ADR Part Cer Add +22.6% 1.14% +0.23
NDBKY Nedbank Group Ltd.-Spons ADR Add +78.1% 0.55% +0.23
CP Canadian Pacific Kansas City Add +43.3% 0.60% +0.18
BBVA Banco Bilbao Vizcaya-SP ADR Add +4.5% 0.52% +0.17
LLY Eli Lilly & Co. New 0.16% +0.16
SHG Shinhan Financial Group-ADR Add +11.2% 1.44% +0.15
TT Trane Technologies PLC Add +190.6% 0.20% +0.13
AVGO Broadcom Inc. Add +79.3% 0.46% +0.12
ORCL Oracle Corp. New 0.11% +0.11
DSNKY Daiichi Sankyo Co.-Spon ADR Add +44.3% 0.49% +0.10
PR Permian Resources Corp. Class A Add +41.4% 0.32% +0.09
ETN Eaton Corp. PLC Add +46.9% 0.41% +0.08
KEP Korea Elec Power Corp.-SP ADR Add +4.2% 0.43% +0.06
NDAQ Nasdaq Inc. New 0.05% +0.05
FITB Fifth Third Bancorp New 0.05% +0.05
EXPE Expedia Group Inc. New 0.04% +0.04
ARCO Arcos Dorados Holdings Inc. Class A Add +11.8% 0.19% +0.04
FRO Frontline PLC Add +0.0% 0.50% +0.04
RCL Royal Caribbean Cruises Ltd. New 0.03% +0.03
DIDIY Didi Global Inc. Add +3.4% 0.27% +0.03
VSGX Vanguard ESG Intl Stock ETF Add +3.8% 0.20% +0.02
ACM Aecom New 0.02% +0.02
EQT Eqt Corp. New 0.02% +0.02
HD Home Depot Inc. Add +12.2% 0.20% +0.02
WMT Walmart Inc. Add +180.0% 0.03% +0.02
HOOD Robinhood Markets Inc. Class A New 0.02% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 352$959.3MTSM, JBS, KB, ENGIY, ITUB
Q1 2026 349$831.7MTSM, JBS, KB, ITUB, ENGIY
Q4 2025 384$758.2MTSM, KB, JBS, ITUB, ENGIY
Q3 2025 357$720.1MTSM, KB, JBS, ITUB, GBOOY
Q2 2025 344$661.2MTSM, KB, ITUB, GBOOY, ENGIY
Q1 2025 378$480.7MTSM, TCEHY, KB, MPNGY, BABA
Q4 2024 384$495.6MTSM, KB, TCEHY, MPNGY, IBN
Q3 2024 391$521.2MTSM, KB, TCEHY, MPNGY, SBLK
Q2 2024 394$491.3MTSM, KB, TCEHY, IBN, PDD
Q1 2024 389$495.8MTSM, KB, IBN, SBLK, TCEHY