Ramirez Asset Management, Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Ramirez Asset Management, Inc. reported 384 stock positions worth $758.2 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 5.3% of the portfolio, followed by KB Financial Group Inc.-ADR (KB, 2.5%) and JBS NV-A (JBS, 2.5%). Compared with Q3 2025, it opened 44 new positions, sold out of 18, added to 57 and reduced 54. The biggest buy was a new position in Sea Ltd.-ADR (SE) and the biggest sale Alibaba Group Holding-SP ADR (BABA, shares −99%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001992110
Portfolio Value
$758.2M (Q4 2025)
SEC Filing
0001992110-26-000003 ↗ filed Feb 11, 2026

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 Q1 2025 Q2 2025: $661.2M Q2 2025 Q3 2025: $720.1M Q3 2025 Q4 2025: $758.2M $758.2M Q4 2025 Q1 2026: $831.7M Q1 2026 Q2 2026: $959.3M Q2 2026

Holdings 384 stocks · $758.2M
TSM Taiwan Semiconductor-SP ADR 5.34% 133,107 $40.5M Reduce -1.8%
KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC 2.50% 219,902 $18.9M Reduce -0.1%
JBS JBS NV-A 2.46% 1,292,547 $18.6M Add +9.1%
ITUB Itau Unibanco H-Spon PRF ADR 2.10% 2,223,601 $15.9M Add +3.6%
ENGIY Engie-Spon ADR 1.87% 539,261 $14.2M Add +4.0%
SMFG Sumitomo Mitsui-Spons ADR 1.81% 710,653 $13.7M Add +3.5%
GBOOY Grupo Fin Banorte-Spon ADR 1.75% 286,548 $13.3M Add +0.6%
KOF Coca-Cola Femsa Sab-SP ADR 1.70% 136,301 $12.9M Reduce -1.2%
MARUY Marubeni Corp.-Unspons ADR 1.59% 43,431 $12.1M Add +2.3%
SHG Shinhan Financial Group-ADR 1.58% 222,752 $11.9M Reduce -0.3%
CX Cemex Sab-Spons ADR Part Cer 1.54% 1,016,705 $11.7M Reduce -0.2%
TLK Telkom Indonesia Persero-ADR filed as P T TELEKOMUNIKASI INDONESIA 1.51% 545,405 $11.5M Add +1.8%
CCJ Cameco Corp. 1.49% 123,674 $11.3M Add +4.7%
TCEHY Tencent Holdings Ltd.-Uns ADR 1.45% 143,368 $11.0M Reduce -5.8%
RNMBY Rheinmetall AG-Unsp ADR 1.27% 26,196 $9.6M Add +6.3%
SCBFY Standard Chartered- Unsp ADR 1.22% 188,343 $9.2M Add +3.9%
NVDA Nvidia Corp. 1.21% 49,294 $9.2M No change
DTEGY Deutsche Telekom AG-Spon ADR 1.12% 261,346 $8.5M Reduce -0.8%
AXAHY AXA -Spons ADR filed as AXA SA 1.12% 175,959 $8.5M Add +2.8%
EMBJ Embraer SA-Spon ADR 1.09% 128,129 $8.2M Reduce -5.0%
MFG Mizuho Financial Group-ADR 1.09% 1,124,276 $8.2M Add +3.9%
MSFT Microsoft Corp. 1.07% 16,740 $8.1M Add +0.5%
SUZ Suzano SA - Spon ADR 1.05% 850,261 $7.9M Add +24.6%
AVGO Broadcom Inc. 1.04% 22,769 $7.9M No change
JPM JPMorgan Chase & Co. 1.01% 23,765 $7.7M No change
MUFG Mitsubishi Ufj Finl-Spon ADR 0.99% 472,782 $7.5M Add +3.5%
VCISY Vinci S.A.-Unspons ADR 0.98% 210,897 $7.4M Add +2.0%
VEOEY Veolia Environnement-ADR 0.96% 418,004 $7.3M Add +3.5%
ISNPY Intesa Sanpaolo-Spon ADR 0.96% 173,748 $7.2M Add +4.1%
SW Smurfit Westrock PLC 0.94% 184,093 $7.1M Reduce -2.3%
SDZNY Sandoz Group AG-ADR 0.94% 97,123 $7.1M Add +4.0%
ASX Ase Technology Holding -ADR 0.93% 438,537 $7.1M Reduce -3.3%
SBGSY Schneider Elect SE-Unsp ADR 0.92% 126,318 $7.0M Add +3.3%
HTHIY Hitachi Ltd. -ADR 0.92% 221,993 $6.9M Add +2.2%
BAESY Bae Systems PLC -Spon ADR 0.86% 70,620 $6.5M Add +6.8%
AAPL Apple Inc. 0.85% 23,764 $6.5M No change
DSCSY Disco Corp.-Unsponsored ADR 0.83% 203,931 $6.3M Add +3.5%
NDBKY Nedbank Group Ltd.-Spons ADR 0.79% 374,737 $6.0M Reduce -1.8%
AU Anglogold Ashanti PLC 0.79% 70,575 $6.0M Reduce -6.0%
SSEZY Sse PLC-SPN ADR 0.79% 203,561 $6.0M Add +2.9%
NSRGY Nestle SA-Spons ADR 0.76% 58,011 $5.8M Add +1.5%
CPNG Coupang Inc. 0.75% 240,142 $5.7M Add +33.3%
CAT Caterpillar Inc. 0.74% 9,850 $5.6M No change
RECKITT BENCKISER-SPON ADR 0.74% 345,268 $5.6M Add +3.1%
LSEGY London Stock Ex Grp ADR Spon 0.73% 184,397 $5.6M Reduce -0.3%
GOOGL Alphabet Inc. Class A 0.72% 17,456 $5.5M No change
ABBV Abbvie Inc. 0.71% 23,547 $5.4M No change
VIV Telefonica Brasil-ADR 0.71% 451,081 $5.3M Reduce -3.8%
SGBLY Standard Bank Group-Spon ADR 0.68% 294,235 $5.2M Reduce -5.4%
BMA Banco Macro SA-ADR 0.67% 56,746 $5.1M Add +0.1%
LIN Linde PLC 0.67% 11,967 $5.1M Add +1.4%
NGG National Grid PLC-SP ADR 0.67% 65,608 $5.1M Add +4.6%
PCRHY Panasonic Holdings Corp. 0.64% 377,986 $4.9M Add +4.4%
EADSY Airbus SE - Unsp ADR 0.64% 83,023 $4.8M Add +6.8%
MIELY Mitsubishi Electric-Unsp ADR 0.64% 82,398 $4.8M Add +3.4%
CLLNY Cellnex Telecom Sau-Unsp ADR 0.61% 287,317 $4.6M Reduce -4.3%
AER Aercap Holdings NV 0.60% 31,647 $4.5M Add +3.1%
AZN Astrazeneca PLC-Spons ADR 0.60% 49,262 $4.5M Add +5.6%
AMZN Amazon.com Inc. 0.60% 19,608 $4.5M No change
FUJIY Fujifilm Holdings-Unsp ADR 0.58% 415,442 $4.4M Add +2.7%
GD General Dynamics Corp. 0.57% 12,748 $4.3M No change
RNECY Renesas Electro-Unspon ADR 0.56% 625,839 $4.3M Add +0.8%
KEP Korea Elec Power Corp.-SP ADR 0.56% 257,992 $4.3M Reduce -6.0%
MS Morgan Stanley 0.56% 23,846 $4.2M No change
CP Canadian Pacific Kansas City 0.56% 57,356 $4.2M Reduce -1.4%
GGAL Grupo Financiero Galicia-ADR 0.55% 76,706 $4.1M Reduce -2.5%
TCOM Trip.com Group Ltd.-ADR 0.55% 57,480 $4.1M Reduce -5.1%
ETN Eaton Corp. PLC 0.54% 12,834 $4.1M No change
SCCO Southern Copper Corp. 0.51% 26,931 $3.9M Reduce -38.7%
META Meta Platforms Inc. Class A 0.49% 5,636 $3.7M Add +1.4%
AXIAY Axia Energia-ADR filed as CENTRAIS ELET BRAS SA 0.48% 400,825 $3.7M Reduce -7.0%
LNT Alliant Energy Corp. 0.48% 55,990 $3.6M No change
SE Sea Ltd.-ADR 0.47% 27,904 $3.6M New
WEGZY Weg SA- SPN ADR 0.47% 399,292 $3.5M Reduce -3.2%
ESLOY Essilorluxot-Unspon ADR 0.46% 21,908 $3.5M Add +4.5%
C Citigroup Inc. 0.45% 29,431 $3.4M No change
EONGY E.on SE -Sponsored ADR 0.45% 179,594 $3.4M Add +5.1%
ACGBY Agricultural Bank-Unspon ADR 0.44% 180,979 $3.4M Add +94.5%
SFTBY Softbank Group Corp.-Unsp ADR 0.44% 232,755 $3.4M Add +303.6%
IWF iShares Russell 1000 Growth 0.44% 7,050 $3.3M No change
KGS Kodiak Gas Services Inc. 0.43% 86,970 $3.3M No change
PSX Phillips 66 0.43% 25,002 $3.2M No change
KT KT Corp.-SP ADR 0.42% 169,457 $3.2M Reduce -6.6%
DIDIY Didi Global Inc. 0.42% 602,667 $3.2M Add +105.7%
CICHY China Construct-Unspon ADR 0.41% 158,959 $3.1M Reduce -5.3%
PKX Posco Holdings Inc. -Spon ADR 0.41% 59,024 $3.1M New
HIG Hartford Insurance Group Inc. 0.41% 22,540 $3.1M No change
XIACY Xiaomi Corp. - Unsp ADR 0.41% 122,705 $3.1M New
STLA Stellantis NV 0.40% 281,565 $3.1M Add +3.8%
GRAB Grab Holdings Ltd. Class A 0.40% 612,466 $3.1M Reduce -7.1%
CSCO Cisco Systems Inc. 0.39% 38,249 $2.9M No change
SIMO Silicon Motion Technol-ADR 0.39% 31,604 $2.9M Reduce -5.0%
GOOG Alphabet Inc. Class C 0.39% 9,310 $2.9M No change
NNGRY NN Group NV - Unspon ADR 0.38% 73,906 $2.9M No change
ABT Abbott Laboratories 0.37% 22,319 $2.8M No change
HOCPY Hoya Corp.-Sponsored ADR 0.37% 18,403 $2.8M Add +4.1%
ACWX iShares MSCI Acwi Ex US ETF 0.36% 40,608 $2.7M Add +3449.7%
ASHGY Ashtead Group PLC Spon ADR 0.35% 38,050 $2.7M Reduce -2.1%
FMX Fomento Economico Mex-SP ADR 0.35% 25,915 $2.6M Reduce -5.2%
GFI Gold Fields Ltd.-Spons ADR 0.33% 57,503 $2.5M Reduce -6.6%
PR Permian Resources Corp. Class A 0.33% 177,460 $2.5M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.32% 44,272 $2.4M No change
DSNKY Daiichi Sankyo Co.-Spon ADR 0.32% 112,037 $2.4M Reduce -3.6%
V Visa Inc. Class A 0.30% 6,590 $2.3M No change
PH Parker Hannifin Corp. 0.30% 2,590 $2.3M No change
KLAC KLA Corp. 0.28% 1,744 $2.1M No change
EEM iShares MSCI Emerging Market 0.28% 38,254 $2.1M Add +148.1%
PNGAY Ping An Insurance-ADR 0.27% 121,793 $2.0M Reduce -5.4%
BKNG Booking Holdings Inc. 0.26% 370 $2.0M No change
STLD Steel Dynamics Inc. 0.26% 11,604 $2.0M No change
TME Tencent Music Entertainm-ADR 0.26% 110,370 $1.9M Reduce -5.0%
AXP American Express Co. 0.25% 5,199 $1.9M No change
OKE Oneok Inc. 0.24% 25,237 $1.9M No change
WHGLY WH Group Ltd. - Spon ADR 0.24% 82,178 $1.8M Reduce -5.6%
PAYX Paychex Inc. 0.24% 16,132 $1.8M No change
TMO Thermo Fisher Scientific Inc. 0.24% 3,099 $1.8M No change
BLX Bladex Inc. filed as Banco Latinoamericano de Comercio Exterior SA 0.24% 40,056 $1.8M Add +0.2%
BPOP Popular Inc. 0.23% 13,791 $1.7M Reduce -5.8%
CMS CMS Energy Corp. 0.22% 24,204 $1.7M No change
GLOB Globant SA 0.22% 25,008 $1.6M New
LLY Eli Lilly & Co. 0.21% 1,510 $1.6M No change
AZO AutoZone Inc. 0.21% 461 $1.6M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.21% 13,467 $1.6M No change
MPC Marathon Petroleum Corp. 0.20% 9,531 $1.6M No change
PSA Public Storage 0.20% 5,939 $1.5M No change
ITT Itt Inc. 0.20% 8,669 $1.5M No change
NDAQ Nasdaq Inc. 0.20% 15,451 $1.5M No change
AMAT Applied Materials Inc. 0.19% 5,513 $1.4M No change
SNPS Synopsys Inc. 0.18% 2,895 $1.4M No change
HUBB Hubbell Inc. 0.18% 3,002 $1.3M Add +9.2%
AMP Ameriprise Financial Inc. 0.18% 2,715 $1.3M No change
AMD Advanced Micro Devices 0.18% 6,199 $1.3M No change
CACI Caci International Inc. Class A 0.17% 2,489 $1.3M No change
CRM Salesforce Inc. 0.17% 4,974 $1.3M Reduce -16.4%
HON Honeywell International Inc. 0.17% 6,610 $1.3M No change
SYK Stryker Corp. 0.17% 3,582 $1.3M No change
INTU Intuit Inc. 0.16% 1,880 $1.2M No change
SPGI S&P Global Inc. 0.16% 2,297 $1.2M No change
TT Trane Technologies PLC 0.15% 2,874 $1.1M No change
ADBE Adobe Inc. 0.15% 3,178 $1.1M Reduce -0.4%
MAR Marriott International Class A 0.14% 3,463 $1.1M No change
IVV iShares Core S&P 500 ETF 0.14% 1,555 $1.1M No change
EQIX Equinix Inc. 0.13% 1,266 $970K No change
ICE Intercontinental Exchange Inc. 0.13% 5,917 $958K No change
BSX Boston Scientific Corp. 0.12% 9,836 $938K No change
VSGX Vanguard ESG Intl Stock ETF 0.12% 12,693 $909K Reduce -1.4%
CSL Carlisle Cos Inc. 0.12% 2,834 $906K No change
DHI D.R. Horton Inc. 0.12% 6,077 $875K No change
PLD Prologis Inc. 0.11% 6,705 $856K No change
SCHW Schwab (charles) Corp. 0.11% 8,268 $826K No change
HD Home Depot Inc. 0.11% 2,374 $817K No change
VLO Valero Energy Corp. 0.10% 4,665 $759K No change
ORCL Oracle Corp. 0.10% 3,886 $757K No change
LOW Lowe's Cos Inc. 0.10% 3,073 $741K No change
LRCX Lam Research Corp. 0.09% 4,080 $698K No change
SHW The Sherwin-Williams Co. 0.08% 1,834 $594K No change
STT State Street Corp. 0.08% 4,597 $593K No change
COR Cencora Inc. 0.07% 1,647 $556K No change
EXPE Expedia Group Inc. 0.07% 1,803 $511K No change
CMI Cummins Inc. 0.06% 890 $454K No change
ACGL Arch Capital Group Ltd. 0.06% 4,724 $453K No change
GWW WW Grainger Inc. 0.06% 445 $449K No change
HLT Hilton Worldwide Holdings Inc. 0.06% 1,525 $438K No change
CW Curtiss-Wright Corp. 0.06% 770 $424K No change
DTE DTE Energy Company 0.06% 3,235 $417K No change
KEYS Keysight Technologies Inc. 0.05% 1,949 $396K No change
MSCI MSCI Inc. 0.05% 686 $394K No change
RF Regions Financial Corp. 0.05% 14,411 $391K No change
FITB Fifth Third Bancorp 0.05% 8,081 $378K Add +43.6%
GS Goldman Sachs Group Inc. 0.05% 425 $374K No change
ROST Ross Stores Inc. 0.05% 2,057 $371K No change
AME Ametek Inc. 0.05% 1,795 $369K No change
MLM Martin Marietta Materials 0.05% 590 $367K No change
ANET Arista Networks Inc. 0.05% 2,725 $357K No change
BX Blackstone Inc. 0.05% 2,266 $349K No change
FTNT Fortinet Inc. 0.05% 4,375 $347K No change
RCL Royal Caribbean Cruises Ltd. 0.05% 1,234 $344K No change
AEE Ameren Corporation 0.04% 3,394 $339K No change
CDNS Cadence Design SYS Inc. 0.04% 1,078 $337K No change
FR First Industrial Realty TR 0.04% 5,862 $336K No change
EGP Eastgroup Properties Inc. 0.04% 1,834 $327K No change
LH Labcorp Holdings Inc. 0.04% 1,297 $325K No change
BKR Baker Hughes Co. 0.04% 7,099 $323K No change
COO The Cooper Cos Inc. 0.04% 3,943 $323K No change
DLR Digital Realty Trust Inc. 0.04% 2,018 $312K No change
HOOD Robinhood Markets Inc. Class A 0.04% 2,734 $309K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.04% 450 $307K No change
VRSK Verisk Analytics Inc. 0.04% 1,334 $298K No change
FLS Flowserve Corp. 0.04% 4,273 $296K No change
AXICY Axia Energia-ADR Pref C filed as CENTRAIS ELET BRAS SA 0.04% 33,423 $288K New
XLK SS Technology Select Sector 0.04% 2,000 $288K No change
AVB Avalonbay Communities Inc. 0.04% 1,586 $288K No change
TDY Teledyne Technologies Inc. 0.04% 561 $287K No change
FANG Diamondback Energy Inc. 0.04% 1,905 $286K No change
AIZ Assurant Inc. 0.04% 1,180 $284K No change
RMD Resmed Inc. 0.04% 1,171 $282K Add +58.7%
VOO Vanguard S&P 500 ETF 0.04% 448 $281K No change
DCI Donaldson Co. Inc. 0.03% 2,960 $262K No change
STE Steris PLC 0.03% 1,017 $258K Add +71.2%
CHD Church & Dwight Co. Inc. 0.03% 2,976 $250K No change
LEN Lennar Corp. Class A 0.03% 2,247 $231K No change
SNOW Snowflake Inc. 0.03% 1,050 $230K No change
MSI Motorola Solutions Inc. 0.03% 596 $228K No change
VFH Vanguard Financials ETF 0.03% 1,670 $223K No change
JCI Johnson Controls Internation 0.03% 1,800 $216K No change
CRWD CrowdStrike Holdings Inc. Class A 0.03% 450 $211K No change
PANW Palo Alto Networks Inc. 0.03% 1,100 $203K No change
JNJ Johnson & Johnson 0.03% 926 $192K No change
XSW SS SPDR S&P Soft & Serv ETF 0.02% 1,000 $187K No change
VWO Vanguard Ftse Emerging Marke 0.02% 3,446 $185K Add +22.3%
WM Waste Management Inc. 0.02% 800 $176K Add +60.0%
IEMG iShares Core MSCI Emerging 0.02% 2,580 $173K Add +2674.2%
VIS Vanguard Industrials ETF 0.02% 580 $173K No change
PWR Quanta Services Inc. 0.02% 400 $169K New
LITE Lumentum Holdings Inc. 0.02% 450 $166K Reduce -43.8%
DRI Darden Restaurants Inc. 0.02% 900 $166K No change
IWP iShares Russell Mid-Cap Grow 0.02% 1,200 $164K No change
MCHI iShares MSCI China ETF 0.02% 2,700 $162K No change
IJH iShares Core S&P Midcap ETF 0.02% 2,375 $157K No change
XBI SS SPDR S&P Biotech ETF 0.02% 1,275 $155K No change
VXUS Vanguard Total Intl Stock 0.02% 2,000 $151K New
BRK.B Berkshire Hathaway Inc. Class B 0.02% 300 $151K No change
DDOG Datadog Inc. Class A 0.02% 1,100 $150K No change
VHT Vanguard Health Care ETF 0.02% 510 $147K No change
EMXC iShares MSCI Emr MRK Ex Chna 0.02% 1,998 $145K Reduce -20.6%
WMT Walmart Inc. 0.02% 1,300 $145K No change
IVOO Vanguard S&P Mid-Cap 400 ETF 0.02% 1,280 $143K No change
CEG Constellation Energy 0.02% 400 $141K New
CRH CRH PLC 0.02% 1,100 $137K No change
TYL Tyler Technologies Inc. 0.02% 300 $136K No change
PIPR Piper Sandler Cos 0.02% 400 $136K No change
IR Ingersoll-Rand Inc. 0.02% 1,700 $135K No change
VTWO Vanguard Russell 2000 ETF 0.02% 1,332 $133K No change
COST Costco Wholesale Corp. 0.02% 150 $129K No change
KKR KKR & Co. Inc. 0.02% 1,000 $127K No change
CG The Carlyle Group Inc. 0.02% 2,100 $124K No change
QQQ Invesco QQQ Trust Series 1 0.02% 200 $123K No change
ELV Elevance Health Inc. 0.02% 350 $123K No change
ADSK Autodesk Inc. 0.02% 400 $118K No change
MU Micron Technology Inc. 0.02% 406 $116K Reduce -98.1%
PEP Pepsico Inc. 0.02% 800 $115K No change
SAP Sap SE-Sponsored ADR 0.01% 450 $109K No change
VGK Vanguard Ftse Europe ETF 0.01% 1,300 $109K No change
FROG Jfrog Ltd. 0.01% 1,700 $106K No change
OTIS Otis Worldwide Corp. 0.01% 1,100 $96K No change
APH Amphenol Corp. Class A 0.01% 700 $95K No change
WFC Wells Fargo & Co. 0.01% 1,000 $93K No change
J Jacobs Solutions Inc. 0.01% 700 $93K No change
NVT Nvent Electric PLC 0.01% 900 $92K No change
DHR Danaher Corp. 0.01% 400 $92K No change
WDAY Workday Inc. Class A 0.01% 400 $86K No change
PODD Insulet Corp. 0.01% 300 $85K No change
GTLS Chart Industries Inc. 0.01% 400 $82K No change
CTRA Coterra Energy Inc. 0.01% 3,000 $79K No change
MET Metlife Inc. 0.01% 1,000 $79K No change
VEA Vanguard Ftse Developed ETF 0.01% 1,255 $78K No change
VPU Vanguard Utilities ETF 0.01% 420 $78K No change
MDT Medtronic PLC 0.01% 800 $77K No change
NOW ServiceNow Inc. 0.01% 500 $77K No change
RBRK Rubrik Inc. Class A 0.01% 1,000 $76K No change
ACM Aecom 0.01% 800 $76K No change
TKR Timken Co. 0.01% 900 $76K No change
BBVA Banco Bilbao Vizcaya-SP ADR 0.01% 3,233 $75K Reduce -98.4%
SOLS Solstice Adv Materials Inc. 0.01% 1,538 $75K Reduce -6.9%
APD Air Products & Chemicals Inc. 0.01% 300 $74K No change
VDC Vanguard Consumer Staple ETF 0.01% 345 $73K No change
APO Apollo Global Management Inc. 0.01% 500 $72K Add +25.0%
BABA Alibaba Group Holding-SP ADR 0.01% 487 $71K Reduce -99.0%
CVX Chevron Corp. 0.01% 464 $71K No change
KMB Kimberly-Clark Corp. 0.01% 700 $71K No change
NFLX Netflix Inc. 0.01% 750 $70K No change
EQT Eqt Corp. 0.01% 1,300 $70K No change
NTRA Natera Inc. 0.01% 300 $69K No change
VPL Vanguard Ftse Pacific ETF 0.01% 750 $68K No change
IBB iShares Biotechnology ETF 0.01% 400 $68K New
CARR Carrier Global Corp. 0.01% 1,200 $63K No change
DELL Dell Technologies -C 0.01% 500 $63K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.01% 300 $57K No change
ONON On Holding AG Class A filed as ON HLDG AG 0.01% 1,200 $56K No change
HSY The Hershey Co. 0.01% 300 $55K No change
IFRA iShares US Infrastructure 0.01% 1,000 $53K No change
KVUE Kenvue Inc. 0.01% 3,000 $52K No change
BLDR Builders Firstsource Inc. 0.01% 500 $51K No change
ALAB Astera Labs Inc. 0.01% 300 $50K No change
PRU Prudential Financial Inc. 0.01% 432 $49K No change
VRT Vertiv Holdings Co. Class A 0.01% 300 $49K No change
P Everpure Inc. Class A filed as PURE STORAGE INC 0.01% 700 $47K No change
PEG Public Service Enterprise GP 0.01% 583 $47K No change
DE Deere & Co. 0.01% 100 $47K No change
SRRK Scholar Rock Holding Corp. 0.01% 1,000 $44K No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.01% 1,500 $42K No change
UPS United Parcel Service Class B 0.01% 400 $40K No change
TFC Truist Financial Corp. 0.01% 800 $39K No change
VGT Vanguard Info Tech ETF 0.01% 52 $39K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.01% 80 $39K No change
REGN Regeneron Pharmaceuticals 0.01% 50 $39K New
EFA iShares MSCI Eafe ETF 0.01% 400 $38K No change
KTOS Kratos Defense & Security 0.01% 500 $38K No change
MPNGY Meituan - Unsp ADR 0.00% 1,369 $36K Reduce -8.1%
WF Woori Financial-Spon ADR 0.00% 613 $36K Reduce -12.4%
IOT Samsara Inc. Class A 0.00% 1,000 $35K No change
KMI Kinder Morgan Inc. 0.00% 1,272 $35K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.00% 400 $33K No change
ILMN Illumina Inc. 0.00% 250 $33K New
UBER Uber Technologies Inc. 0.00% 400 $33K No change
ACLX Arcellx Inc. 0.00% 500 $33K No change
WGS Genedx Holdings Corp. 0.00% 250 $33K New
JEF Jefferies Financial Group Inc. 0.00% 500 $31K New
XYL Xylem Inc. 0.00% 200 $27K No change
TOL Toll Brothers Inc. 0.00% 200 $27K No change
INDA iShares MSCI India ETF 0.00% 500 $27K No change
CRSP Crispr Therapeutics AG 0.00% 500 $26K New
VTI VG Morningstar TS MKT ETF-US 0.00% 75 $25K No change
IWM iShares Russell 2000 ETF 0.00% 100 $25K No change
MPLX MPLX LP 0.00% 450 $24K No change
TRN Trinity Industries Inc. 0.00% 900 $24K No change
PGR Progressive Corp. 0.00% 100 $23K No change
TD Toronto-Dominion Bank 0.00% 235 $22K No change
CMCSA Comcast Corp. Class A 0.00% 700 $21K No change
PFE Pfizer Inc. 0.00% 836 $21K No change
OLYMY Olympus Corp. - ADR 0.00% 1,590 $20K Reduce -34.4%
PL Planet Labs PBC 0.00% 1,000 $20K New
IBN Icici Bank Ltd.-Spon ADR 0.00% 637 $19K No change
RKLB Rocket Lab Corp. 0.00% 250 $17K New
DUK Duke Energy Corp. 0.00% 144 $17K No change
NBIS Nebius Group NV 0.00% 200 $17K Reduce -60.0%
FTV Fortive Corp. 0.00% 300 $17K No change
MDLZ Mondelez International Inc. Class A 0.00% 300 $16K No change
XLI SS Industrial Select Sector 0.00% 100 $16K No change
XLV SS Health Care Select Sector 0.00% 100 $15K No change
NNE Nano Nuclear Energy Inc. 0.00% 500 $12K No change
SBLK Star Bulk Carriers Corp. 0.00% 617 $12K Reduce -36.7%
SPB Spectrum Brands Holdings Inc. 0.00% 200 $12K No change
BMY Bristol-Myers Squibb Co. 0.00% 216 $12K Reduce -76.4%
JHX James Hardie Ind PLC 0.00% 517 $11K No change
PDD PDD Holdings Inc. 0.00% 90 $10K No change
PENG Penguin Solutions Inc. 0.00% 500 $10K No change
D Dominion Energy Inc. 0.00% 166 $10K No change
ORLY O'reilly Automotive Inc. 0.00% 105 $10K No change
WY Weyerhaeuser Co. 0.00% 302 $7K No change
YMM Full Truck Alliance -SPN ADR 0.00% 590 $6K Reduce -99.7%
RAL Ralliant Corp. 0.00% 100 $5K No change
SLB SLB Ltd. filed as SLB LIMITED 0.00% 125 $5K Reduce -94.1%
GOFPY Allwyn AG filed as GREEK ORG OF FOOTBALL UNSPONSORD ADR 0.00% 370 $4K New
DRS Leonardo DRS Inc. 0.00% 117 $4K New
RDY Dr. Reddy's Laboratories-ADR 0.00% 254 $4K Reduce -49.2%
AMTM Amentum Holdings Inc. 0.00% 106 $3K Reduce -25.4%
GRFS Grifols SA-ADR 0.00% 327 $3K New
UPMMY Upm-Kymmene Oyj-Unspon ADR 0.00% 103 $3K New
CCHGY Coca-Cola HBC AG-Unsp ADR 0.00% 58 $3K New
SCRYY Scor-Sponsored ADR filed as SCOR SE SPONSORED ADR 0.00% 881 $3K New
AGI Alamos Gold Inc. Class A 0.00% 77 $3K New
CAE Cae Inc. 0.00% 96 $3K New
ANGLO AMERN PLC SPONSORED ADR 0.00% 137 $3K No change
VTRS Viatris Inc. 0.00% 200 $2K No change
SSLZY Santos Ltd.-Sponsored ADR filed as SANTON LTD SPONSORED ADR 0.00% 495 $2K New
NICE Nice Ltd. - Spon ADR 0.00% 18 $2K New
GMVHY Entain PLC -Unsponsored ADR 0.00% 195 $2K New
QABSY Qantas Airways Ltd.-SPN ADR 0.00% 58 $2K New
GGB Gerdau SA -Spon ADR 0.00% 543 $2K New
MHGVY Mowi ASA - Spon ADR 0.00% 83 $2K New
LOTMY Lottomatica Group SPA 0.00% 76 $2K New
IMCDY Imcd Group NV - Unsp ADR filed as IMCD N V ADR 0.00% 44 $2K New
XP XP Inc. Class A 0.00% 122 $2K New
SKM SK Telecom Co. Ltd.-Spon ADR 0.00% 97 $2K Add +11.5%
OR Or Royalties Inc. 0.00% 56 $2K New
STBFY Suntory Beverage & Food-Uadr 0.00% 131 $2K New
QNTQY Qinetiq Group PLC-Unsp ADR 0.00% 83 $2K New
GLNG Golar LNG Ltd. 0.00% 53 $2K New
WEGRY Weir PLC- Spon ADR filed as WEIR GROUP PLC SPONSORED ADR 0.00% 103 $2K New
SNN Smith & Nephew PLC -Spon ADR 0.00% 60 $2K New
CCOEY Capcom Co. Ltd. - ADR Unspon 0.00% 169 $2K New
AMIGY Admiral Group PLC-Unspon ADR 0.00% 46 $2K New
DIFTY Daito Trust Cons-SPN ADR 0.00% 411 $2K New
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.00% 25 $2K New
BIPC Brookfield Infrastructure-A 0.00% 43 $2K New
PBR Petroleo Brasileiro-Spon ADR 0.00% 87 $1K No change
PSKY Paramount Skydance Class B 0.00% 61 $817 No change
BDORY Banco Do Brasil SA-Spon ADR 0.00% 178 $712 No change
VIST Vista Energy Sab DE CV 0.00% 13 $642 No change
EDU New Oriental Educatio-SP ADR 0.00% 2 $85 No change
SZKMY Suzuki Motor Corp.-Uns ADR 0.00% 1 $74 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 Q3 2025 → Q4 2025
BABA Alibaba Group Holding-SP ADR Reduce -99.0% 0.01% −1.14
BBVA Banco Bilbao Vizcaya-SP ADR Reduce -98.4% 0.01% −0.52
MU Micron Technology Inc. Reduce -98.1% 0.02% −0.47
YMM Full Truck Alliance -SPN ADR Reduce -99.7% 0.00% −0.41
TCEHY Tencent Holdings Ltd.-Uns ADR Reduce -5.8% 1.45% −0.35
SCCO Southern Copper Corp. Reduce -38.7% 0.51% −0.23
SW Smurfit Westrock PLC Reduce -2.3% 0.94% −0.17
GRAB Grab Holdings Ltd. Class A Reduce -7.1% 0.40% −0.15
DTEGY Deutsche Telekom AG-Spon ADR Reduce -0.8% 1.12% −0.13
VIV Telefonica Brasil-ADR Reduce -3.8% 0.71% −0.12
TME Tencent Music Entertainm-ADR Reduce -5.0% 0.26% −0.12
CLLNY Cellnex Telecom Sau-Unsp ADR Reduce -4.3% 0.61% −0.11
AXIAY Axia Energia-ADR Reduce -7.0% 0.48% −0.11
TCOM Trip.com Group Ltd.-ADR Reduce -5.1% 0.55% −0.09
KT KT Corp.-SP ADR Reduce -6.6% 0.42% −0.07
SIMO Silicon Motion Technol-ADR Reduce -5.0% 0.39% −0.05
DSNKY Daiichi Sankyo Co.-Spon ADR Reduce -3.6% 0.32% −0.05
CP Canadian Pacific Kansas City Reduce -1.4% 0.56% −0.04
EMBJ Embraer SA-Spon ADR Reduce -5.0% 1.09% −0.04
KB KB Financial Group Inc.-ADR Reduce -0.1% 2.50% −0.04
CICHY China Construct-Unspon ADR Reduce -5.3% 0.41% −0.03
BPOP Popular Inc. Reduce -5.8% 0.23% −0.03
FMX Fomento Economico Mex-SP ADR Reduce -5.2% 0.35% −0.03
EXR Extra Space Storage Inc. Sold out 0.00% −0.03
PPG PPG Industries Inc. Sold out 0.00% −0.03
GFI Gold Fields Ltd.-Spons ADR Reduce -6.6% 0.33% −0.03
CRM Salesforce Inc. Reduce -16.4% 0.17% −0.02
WHGLY WH Group Ltd. - Spon ADR Reduce -5.6% 0.24% −0.02
EPI Wisdomtree India Earnings Sold out 0.00% −0.02
HUBS HubSpot Inc. Sold out 0.00% −0.02
NVS Novartis AG-Sponsored ADR Sold out 0.00% −0.02
DIS The Walt Disney Co. Sold out 0.00% −0.01
ACN Accenture PLC Class A Sold out 0.00% −0.01
COIN Coinbase Global Inc. Class A Sold out 0.00% −0.01
ICLR Icon PLC Sold out 0.00% −0.01
ADBE Adobe Inc. Reduce -0.4% 0.15% −0.01
SLB SLB Ltd. Reduce -94.1% 0.00% −0.01
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.01
WMG Warner Music Group Corp. Class A Sold out 0.00% −0.01
ASHGY Ashtead Group PLC Spon ADR Reduce -2.1% 0.35% −0.01
NBIS Nebius Group NV Reduce -60.0% 0.00% −0.01
CFLT Confluent Inc. Class A Sold out 0.00% −0.01
GTLB Gitlab Inc. Class A Sold out 0.00% −0.01
ZBH Zimmer Biomet Holdings Inc. Sold out 0.00% −0.00
EMXC iShares MSCI Emr MRK Ex Chna Reduce -20.6% 0.02% −0.00
LSEGY London Stock Ex Grp ADR Spon Reduce -0.3% 0.73% −0.00
BMY Bristol-Myers Squibb Co. Reduce -76.4% 0.00% −0.00
VSGX Vanguard ESG Intl Stock ETF Reduce -1.4% 0.12% −0.00
EIX Edison International Sold out 0.00% −0.00
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.00

Portfolio Buys Q3 2025 → Q4 2025
SE Sea Ltd.-ADR New 0.47% +0.47
PKX Posco Holdings Inc. -Spon ADR New 0.41% +0.41
XIACY Xiaomi Corp. - Unsp ADR New 0.41% +0.41
ACWX iShares MSCI Acwi Ex US ETF Add +3449.7% 0.36% +0.35
BMA Banco Macro SA-ADR Add +0.1% 0.67% +0.34
ENGIY Engie-Spon ADR Add +4.0% 1.87% +0.33
SCBFY Standard Chartered- Unsp ADR Add +3.9% 1.22% +0.24
ACGBY Agricultural Bank-Unspon ADR Add +94.5% 0.44% +0.23
SMFG Sumitomo Mitsui-Spons ADR Add +3.5% 1.81% +0.22
GLOB Globant SA New 0.22% +0.22
DIDIY Didi Global Inc. Add +105.7% 0.42% +0.17
SDZNY Sandoz Group AG-ADR Add +4.0% 0.94% +0.17
EEM iShares MSCI Emerging Market Add +148.1% 0.28% +0.16
SUZ Suzano SA - Spon ADR Add +24.6% 1.05% +0.16
SSEZY Sse PLC-SPN ADR Add +2.9% 0.79% +0.14
CCJ Cameco Corp. Add +4.7% 1.49% +0.12
TLK Telkom Indonesia Persero-ADR Add +1.8% 1.51% +0.11
MARUY Marubeni Corp.-Unspons ADR Add +2.3% 1.59% +0.11
HTHIY Hitachi Ltd. -ADR Add +2.2% 0.92% +0.11
AZN Astrazeneca PLC-Spons ADR Add +5.6% 0.60% +0.10
PCRHY Panasonic Holdings Corp. Add +4.4% 0.64% +0.10
AER Aercap Holdings NV Add +3.1% 0.60% +0.08
MFG Mizuho Financial Group-ADR Add +3.9% 1.09% +0.08
MIELY Mitsubishi Electric-Unsp ADR Add +3.4% 0.64% +0.07
RNECY Renesas Electro-Unspon ADR Add +0.8% 0.56% +0.07
STLA Stellantis NV Add +3.8% 0.40% +0.05
ISNPY Intesa Sanpaolo-Spon ADR Add +4.1% 0.96% +0.04
AXICY Axia Energia-ADR Pref C New 0.04% +0.04
NGG National Grid PLC-SP ADR Add +4.6% 0.67% +0.04
NSRGY Nestle SA-Spons ADR Add +1.5% 0.76% +0.03
HOCPY Hoya Corp.-Sponsored ADR Add +4.1% 0.37% +0.03
PWR Quanta Services Inc. New 0.02% +0.02
IEMG iShares Core MSCI Emerging Add +2674.2% 0.02% +0.02
VXUS Vanguard Total Intl Stock New 0.02% +0.02
RECKITT BENCKISER-SPON ADR Add +3.1% 0.74% +0.02
CEG Constellation Energy New 0.02% +0.02
FITB Fifth Third Bancorp Add +43.6% 0.05% +0.02
STE Steris PLC Add +71.2% 0.03% +0.01
EADSY Airbus SE - Unsp ADR Add +6.8% 0.64% +0.01
HUBB Hubbell Inc. Add +9.2% 0.18% +0.01
RMD Resmed Inc. Add +58.7% 0.04% +0.01
IBB iShares Biotechnology ETF New 0.01% +0.01
WM Waste Management Inc. Add +60.0% 0.02% +0.01
VEOEY Veolia Environnement-ADR Add +3.5% 0.96% +0.01
REGN Regeneron Pharmaceuticals New 0.01% +0.01
ILMN Illumina Inc. New 0.00% +0.00
WGS Genedx Holdings Corp. New 0.00% +0.00
JEF Jefferies Financial Group Inc. New 0.00% +0.00
CRSP Crispr Therapeutics AG New 0.00% +0.00
VWO Vanguard Ftse Emerging Marke Add +22.3% 0.02% +0.00

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