RWC Asset Advisors (us) LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), RWC Asset Advisors (us) LLC reported 14 stock positions worth $464.4 million. Its top holding was Quimica Y Minera Chil-SP ADR (SQM) at 18.3% of the portfolio, followed by Petroleo Brasileiro-Spon ADR (PBR, 17.8%) and Vale SA-SP ADR (VALE, 16.5%). Compared with Q4 2025, it opened 2 new positions, sold out of 1, added to 1 and reduced 8. The biggest buy was a new position in Petroleo Brasileiro-Spon ADR (PBR) and the biggest sale an exit from MercadoLibre (MELI).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI, FL
- CIK
- 0001638081
- Portfolio Value
- $464.4M (Q1 2026)
- SEC Filing
- 0001398344-26-007248 ↗ filed Apr 27, 2026
Holdings Value
Holdings 14 stocks · $464.4M
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 18.29% | 1,049,444 | $84.9M | Reduce -28.3% |
| PBR Petroleo Brasileiro-Spon ADR | 17.76% | 3,975,482 | $82.5M | New |
| VALE Vale SA-SP ADR | 16.53% | 4,824,901 | $76.8M | Reduce -26.0% |
| EMBJ Embraer SA-Spon ADR | 11.65% | 911,414 | $54.1M | Reduce -26.4% |
| GFI Gold Fields Ltd.-Spons ADR | 10.41% | 1,064,393 | $48.3M | Reduce -38.5% |
| BZ Kanzhun Ltd. - ADR | 8.38% | 2,906,069 | $38.9M | Add +92.6% |
| TSM Taiwan Semiconductor-SP ADR | 6.25% | 85,944 | $29.0M | New |
| BABA Alibaba Group Holding-SP ADR | 5.49% | 203,190 | $25.5M | Reduce -54.9% |
| GGAL Grupo Financiero Galicia-ADR | 3.42% | 339,966 | $15.9M | Reduce -39.8% |
| CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A | 0.45% | 82,327 | $2.1M | No change |
| PDD PDD Holdings Inc. | 0.43% | 19,727 | $2.0M | Reduce -17.9% |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.34% | 144,315 | $1.6M | No change |
| SCCO Southern Copper Corp. | 0.32% | 8,527 | $1.5M | Reduce -8.8% |
| AERO Grupo Aeromexico Sab DE CV | 0.28% | 92,412 | $1.3M | No change |
Portfolio Sells Q4 2025 → Q1 2026
| MELI MercadoLibre Inc. | Sold out | 0.00% | −9.39 |
| BABA Alibaba Group Holding-SP ADR | Reduce -54.9% | 5.49% | −7.02 |
| GFI Gold Fields Ltd.-Spons ADR | Reduce -38.5% | 10.41% | −3.91 |
| EMBJ Embraer SA-Spon ADR | Reduce -26.4% | 11.65% | −3.46 |
| GGAL Grupo Financiero Galicia-ADR | Reduce -39.8% | 3.42% | −2.35 |
| SQM Quimica Y Minera Chil-SP ADR | Reduce -28.3% | 18.29% | −0.77 |
| PDD PDD Holdings Inc. | Reduce -17.9% | 0.43% | −0.08 |
| SCCO Southern Copper Corp. | Reduce -8.8% | 0.32% | +0.06 |
| VALE Vale SA-SP ADR | Reduce -26.0% | 16.53% | +0.43 |
Portfolio Buys Q4 2025 → Q1 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $449.6M | TSM, SQM, PBR, EMBJ, VALE |
| Q1 2026 | 14 | $464.4M | SQM, PBR, VALE, EMBJ, GFI |
| Q4 2025 | 13 | $527.9M | SQM, VALE, EMBJ, GFI, BABA |
| Q3 2025 | 17 | $610.9M | BABA, NIO, VALE, GFI, BZ |
| Q2 2025 | 16 | $414.6M | GFI, LI, PBR, BABA, MELI |
| Q1 2025 | 19 | $549.0M | GFI, BABA, LI, PBR, MELI |
| Q4 2024 | 15 | $501.3M | GFI, LI, CX, PBR, BABA |
| Q3 2024 | 19 | $836.9M | BABA, GFI, MELI, PBR, CX |
| Q2 2024 | 18 | $980.4M | GFI, PDD, BZ, CX, MELI |
| Q1 2024 | 22 | $1.3B | GFI, CX, PBR, MELI, PDD |