TT International Asset Management LTD
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 24, 2026), TT International Asset Management LTD reported 48 stock positions worth $916.0 million. Its top holding was Alibaba Group Holding-SP ADR (BABA) at 12.7% of the portfolio, followed by Itau Unibanco H-Spon PRF ADR (ITUB, 8.7%) and Aris Mining (ARIS, 8.4%). Compared with Q4 2025, it opened 21 new positions, sold out of 14, added to 22 and reduced 5. The biggest buy was Itau Unibanco H-Spon PRF ADR (ITUB, shares +8164%) and the biggest sale Grupo Financiero Galicia-ADR (GGAL, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001809187
- Portfolio Value
- $916.0M (Q1 2026)
- SEC Filing
- 0001809187-26-000004 ↗ filed Apr 24, 2026
Holdings Value
Holdings 48 stocks · $916.0M
| BABA Alibaba Group Holding-SP ADR | 12.70% | 927,535 | $116.4M | Add +118.3% |
| ITUB Itau Unibanco H-Spon PRF ADR | 8.72% | 9,533,122 | $79.9M | Add +8163.8% |
| ARIS Aris Mining Corp. | 8.40% | 4,142,622 | $76.9M | Add +422.6% |
| VIST Vista Energy Sab DE CV | 8.10% | 982,929 | $74.2M | Add +3516.0% |
| BIDU Baidu Inc. - Spon ADR | 7.63% | 627,577 | $69.9M | Add +142.4% |
| EGO Eldorado Gold Corp. | 7.40% | 1,973,817 | $67.8M | Add +162.7% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 6.51% | 1,289,597 | $59.6M | Add +4896.7% |
| BAP Credicorp Ltd. | 5.94% | 160,498 | $54.4M | New |
| BTG B2GOLD Corp. | 4.68% | 9,469,481 | $42.9M | Add +211.0% |
| GGAL Grupo Financiero Galicia-ADR | 4.29% | 841,858 | $39.3M | Reduce -4.0% |
| BMA Banco Macro SA-ADR | 4.05% | 480,009 | $37.1M | Add +5.1% |
| TSM Taiwan Semiconductor-SP ADR | 3.50% | 94,917 | $32.1M | Add +272.5% |
| PAM Pampa Energia SA-Spon ADR | 3.25% | 336,388 | $29.8M | Add +4.0% |
| BSAC Banco Santander-Chile-ADR | 2.90% | 795,280 | $26.6M | Add +44.5% |
| BCH Banco DE Chile-ADR | 2.82% | 696,900 | $25.8M | Add +64.0% |
| PBR Petroleo Brasileiro-Spon ADR | 2.42% | 1,070,534 | $22.2M | New |
| TGS Transportador Gas-ADR SP B | 2.30% | 608,475 | $21.1M | Add +57.1% |
| IBN Icici Bank Ltd.-Spon ADR | 0.59% | 209,833 | $5.4M | Reduce -24.9% |
| SE Sea Ltd.-ADR | 0.45% | 49,795 | $4.1M | Add +13.6% |
| MMYT Makemytrip Ltd. | 0.32% | 78,580 | $2.9M | New |
| NICE Nice Ltd. - Spon ADR | 0.25% | 20,462 | $2.3M | Add +37.2% |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 0.21% | 118,702 | $1.9M | Reduce -34.6% |
| AXIAY Axia Energia-ADR filed as CENTRAIS ELET BRAS SA | 0.19% | 152,771 | $1.7M | New |
| TRU Transunion | 0.15% | 19,405 | $1.3M | Add +482.7% |
| TCOM Trip.com Group Ltd.-ADR | 0.13% | 24,777 | $1.2M | Reduce -45.1% |
| LPLA LPL Financial Holdings Inc. | 0.13% | 3,988 | $1.2M | Add +515.4% |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.13% | 8,565 | $1.2M | Add +24.9% |
| FCN Fti Consulting Inc. | 0.13% | 6,571 | $1.2M | Add +317.5% |
| RJF Raymond James Financial Inc. | 0.13% | 8,022 | $1.2M | New |
| ACM Aecom | 0.12% | 13,262 | $1.1M | New |
| MRVL Marvell Technology Inc. | 0.12% | 11,026 | $1.1M | New |
| DT Dynatrace Inc. | 0.11% | 27,553 | $1.0M | New |
| TRMB Trimble Inc. | 0.11% | 14,992 | $978K | New |
| SFM Sprouts Farmers Market Inc. | 0.10% | 12,423 | $958K | New |
| ASX Ase Technology Holding -ADR | 0.10% | 42,887 | $930K | Reduce -96.5% |
| SF Stifel Financial Corp. | 0.10% | 12,472 | $922K | Add +394.0% |
| MKSI MKS Inc. | 0.09% | 3,763 | $865K | New |
| BLDR Builders Firstsource Inc. | 0.09% | 9,601 | $790K | New |
| QXO Qxo Inc. | 0.09% | 40,371 | $784K | Add +276.0% |
| WT Wisdomtree Inc. | 0.08% | 52,718 | $768K | New |
| PAAS Pan American Silver Corp. | 0.08% | 13,770 | $752K | New |
| SVM Silvercorp Metals Inc. | 0.08% | 70,000 | $752K | New |
| BLD Topbuild Corp. | 0.08% | 2,132 | $749K | New |
| BRBR Bellring Brands Inc. | 0.07% | 41,692 | $671K | New |
| CDW CDW Corp. | 0.06% | 4,714 | $570K | New |
| MRK Merck & Co. Inc. | 0.03% | 2,100 | $253K | New |
| GRAB Grab Holdings Ltd. Class A | 0.02% | 60,717 | $222K | New |
| NTES Netease Inc.-ADR | 0.02% | 1,908 | $214K | New |
Portfolio Sells Q4 2025 → Q1 2026
| GGAL Grupo Financiero Galicia-ADR | Reduce -4.0% | 4.29% | −5.64 |
| EQX Equinox Gold Corp. | Sold out | 0.00% | −5.08 |
| KSPI JSC Kaspi.kz ADR | Sold out | 0.00% | −4.73 |
| ASHR Xtrackers Harvest Csi 300 CH | Sold out | 0.00% | −4.31 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −4.27 |
| ASX Ase Technology Holding -ADR | Reduce -96.5% | 0.10% | −4.09 |
| XPEV Xpeng Inc. - ADR | Sold out | 0.00% | −2.94 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -24.9% | 0.59% | −1.17 |
| CX Cemex Sab-Spons ADR Part Cer | Sold out | 0.00% | −0.59 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -45.1% | 0.13% | −0.55 |
| BBAR Bbva Argentina SA-ADR | Reduce -34.6% | 0.21% | −0.47 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.21 |
| BORR Borr Drilling Ltd. | Sold out | 0.00% | −0.18 |
| AVPT Avepoint Inc. | Sold out | 0.00% | −0.11 |
| ONTO Onto Innovation Inc. | Sold out | 0.00% | −0.11 |
| DNLI Denali Therapeutics Inc. | Sold out | 0.00% | −0.07 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −0.07 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.06 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.06 |
Portfolio Buys Q4 2025 → Q1 2026
| ITUB Itau Unibanco H-Spon PRF ADR | Add +8163.8% | 8.72% | +8.58 |
| VIST Vista Energy Sab DE CV | Add +3516.0% | 8.10% | +7.88 |
| YPF YPF S.A.-Sponsored ADR | Add +4896.7% | 6.51% | +6.32 |
| BAP Credicorp Ltd. | New | 5.94% | +5.94 |
| ARIS Aris Mining Corp. | Add +422.6% | 8.40% | +5.68 |
| PBR Petroleo Brasileiro-Spon ADR | New | 2.42% | +2.42 |
| TSM Taiwan Semiconductor-SP ADR | Add +272.5% | 3.50% | +1.90 |
| BTG B2GOLD Corp. | Add +211.0% | 4.68% | +1.79 |
| EGO Eldorado Gold Corp. | Add +162.7% | 7.40% | +1.71 |
| BIDU Baidu Inc. - Spon ADR | Add +142.4% | 7.63% | +0.51 |
| MMYT Makemytrip Ltd. | New | 0.32% | +0.32 |
| AXIAY Axia Energia-ADR | New | 0.19% | +0.19 |
| RJF Raymond James Financial Inc. | New | 0.13% | +0.13 |
| ACM Aecom | New | 0.12% | +0.12 |
| MRVL Marvell Technology Inc. | New | 0.12% | +0.12 |
| DT Dynatrace Inc. | New | 0.11% | +0.11 |
| TRMB Trimble Inc. | New | 0.11% | +0.11 |
| SFM Sprouts Farmers Market Inc. | New | 0.10% | +0.10 |
| MKSI MKS Inc. | New | 0.09% | +0.09 |
| TRU Transunion | Add +482.7% | 0.15% | +0.09 |
| BLDR Builders Firstsource Inc. | New | 0.09% | +0.09 |
| WT Wisdomtree Inc. | New | 0.08% | +0.08 |
| LPLA LPL Financial Holdings Inc. | Add +515.4% | 0.13% | +0.08 |
| PAAS Pan American Silver Corp. | New | 0.08% | +0.08 |
| SVM Silvercorp Metals Inc. | New | 0.08% | +0.08 |
| BLD Topbuild Corp. | New | 0.08% | +0.08 |
| BRBR Bellring Brands Inc. | New | 0.07% | +0.07 |
| FCN Fti Consulting Inc. | Add +317.5% | 0.13% | +0.07 |
| CDW CDW Corp. | New | 0.06% | +0.06 |
| SF Stifel Financial Corp. | Add +394.0% | 0.10% | +0.06 |
| QXO Qxo Inc. | Add +276.0% | 0.09% | +0.04 |
| MRK Merck & Co. Inc. | New | 0.03% | +0.03 |
| GRAB Grab Holdings Ltd. Class A | New | 0.02% | +0.02 |
| NTES Netease Inc.-ADR | New | 0.02% | +0.02 |
| NICE Nice Ltd. - Spon ADR | Add +37.2% | 0.25% | −0.11 |
| FUTU Futu Holdings Ltd.-ADR | Add +24.9% | 0.13% | −0.11 |
| TGS Transportador Gas-ADR SP B | Add +57.1% | 2.30% | −0.24 |
| BABA Alibaba Group Holding-SP ADR | Add +118.3% | 12.70% | −0.45 |
| BCH Banco DE Chile-ADR | Add +64.0% | 2.82% | −0.58 |
| BSAC Banco Santander-Chile-ADR | Add +44.5% | 2.90% | −0.69 |
| SE Sea Ltd.-ADR | Add +13.6% | 0.45% | −0.73 |
| PAM Pampa Energia SA-Spon ADR | Add +4.0% | 3.25% | −2.78 |
| BMA Banco Macro SA-ADR | Add +5.1% | 4.05% | −4.60 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 49 | $783.3M | BAP, TSM, ONTO, EGO, IBN |
| Q1 2026 | 48 | $916.0M | BABA, ITUB, ARIS, VIST, BIDU |
| Q4 2025 | 41 | $473.5M | BABA, GGAL, BMA, BIDU, PAM |
| Q3 2025 | 37 | $516.4M | BABA, PAM, ONTO, FUTU, BMA |
| Q2 2025 | 49 | $524.8M | MAKEMYTRIP LIMITED MAURITIUS, PAM, BABA, BMA, RNW |
| Q1 2025 | 54 | $669.6M | PAM, BMA, BABA, MAKEMYTRIP LIMITED MAURITIUS, BEKE |
| Q4 2024Amended | 56 | $693.7M | BMA, PAM, TSM, YPF, TAL |
| Q3 2024 | 56 | $814.9M | YPF, VIST, AU, PDD, TAL |
| Q2 2024 | 55 | $800.2M | YPF, HDB, VIST, MELI, NTES |
| Q1 2024 | 44 | $1.1B | MELI, YPF, VIST, NU, TBBB |