RWC Asset Advisors (us)
MIAMI, FLfiles as RWC ASSET ADVISORS (US) LLC
$464m in 14 US stocks at the end of 31 March 2026. The top 10 are 98.6% of the money. It changed about 27.1% of the portfolio this quarter.
Value
$464m
Stocks
14
Top 10 share
98.6%
Turnover
27.1%
What changed this quarter
New
Bought for the first time this quarter.
- Petrobras - Petroleo Brasileiro SAPBR17.8% of the fund
- Taiwan Semiconductor ManufacturingTSM6.3% of the fund
Added
Bought more of a stock they already held.
- KanzhunBZ8.4% of the fund+93%
Cut
Sold some of their stake.
- Chemical & Mining CO of ChileSQM18.3% of the fund-28%
- Vale S AVALE16.5% of the fund-26%
- EmbraerEMBJ11.6% of the fund-26%
- Gold FieldsGFI10.4% of the fund-39%
- Alibaba Group HldgBABA5.5% of the fund-55%
- Grupo Financiero Galicia S.AGGAL3.4% of the fund-40%
- PDD HoldingsPDD0.4% of the fund-18%
- Southern CopperSCCO0.3% of the fund-9%
Sold out
Sold their entire stake.
- MercadoLibreMELI-100%
Holdings
- Vale S AVALE
- Share
- 16.5%
- Value
- $77m
- Shares
- 4,824,901
-26%
- Gold FieldsGFI
- Share
- 10.4%
- Value
- $48m
- Shares
- 1,064,393
-39%
- Alibaba Group HldgBABA
- Share
- 5.5%
- Value
- $25m
- Shares
- 203,190
-55%
- Grupo Financiero Galicia S.AGGAL
- Share
- 3.4%
- Value
- $16m
- Shares
- 339,966
-40%
- PDD HoldingsPDD
- Share
- 0.4%
- Value
- $2m
- Shares
- 19,727
-18%
- Grupo Aeromexico SAB de CVAERO
- Share
- 0.3%
- Value
- $1m
- Shares
- 92,412
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Chemical & Mining CO of ChileSQM | 18.3% | $85m | 1,049,444 | -28% |
| Petrobras - Petroleo Brasileiro SAPBR | 17.8% | $82m | 3,975,482 | New |
| Vale S AVALE | 16.5% | $77m | 4,824,901 | -26% |
| EmbraerEMBJ | 11.6% | $54m | 911,414 | -26% |
| Gold FieldsGFI | 10.4% | $48m | 1,064,393 | -39% |
| KanzhunBZ | 8.4% | $39m | 2,906,069 | +93% |
| Taiwan Semiconductor ManufacturingTSM | 6.3% | $29m | 85,944 | New |
| Alibaba Group HldgBABA | 5.5% | $25m | 203,190 | -55% |
| Grupo Financiero Galicia S.AGGAL | 3.4% | $16m | 339,966 | -40% |
| Corporacion America AirportsCAAP | 0.4% | $2m | 82,327 | Held |
| PDD HoldingsPDD | 0.4% | $2m | 19,727 | -18% |
| Loma Negra Compania Industrial Argentina Sociedad AnonimaLOMA | 0.3% | $2m | 144,315 | Held |
| Southern CopperSCCO | 0.3% | $1m | 8,527 | -9% |
| Grupo Aeromexico SAB de CVAERO | 0.3% | $1m | 92,412 | Held |
Over time and by industry
Value over time
Sep '25
Mar '26
Value is up 12.0% since 30 June 2025.
Where the money is
Materials19.0%
Energy17.8%
Technology14.6%
Industrials12.1%
Other36.6%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.