TT International Asset Management

LONDON, X0files as TT International Asset Management LTD

$783m in 49 US stocks at the end of 30 June 2026. The top 10 are 89.1% of the money. It changed about 52.3% of the portfolio this quarter.

Value

$783m

Stocks

Top 10 share

89.1%

Turnover

52.3%

What changed this quarter

New

Bought for the first time this quarter.

Onto InnovationONTO
11.8% of the fund
CRH PublicCRH
0.5% of the fund
Kraneshares TrustKSTR
0.3% of the fund
FTAI AviationFTAI
0.2% of the fund
Latam Airlines Group SALTM
0.1% of the fund
Applied MaterialsAMAT
0.1% of the fund
SLB LimitedSLB
0.1% of the fund
MercadoLibreMELI
0.1% of the fund
Cemex SAB de CVCX
<0.1% of the fund
HubbellHUBB
<0.1% of the fund
Grupo Aeromexico SAB de CVAERO
<0.1% of the fund
Southern CopperSCCO
<0.1% of the fund

Added

Bought more of a stock they already held.

CredicorpBAP
17.6% of the fund
+122%
Taiwan Semiconductor ManufacturingTSM
12.5% of the fund
+132%
Eldorado GoldEGO
10.6% of the fund
+35%
Icici BankIBN
9.4% of the fund
+1111%
Aris MiningARIS
8.3% of the fund
+5%
ASE Technology HldgASX
5.2% of the fund
+2017%
Petrobras - Petroleo Brasileiro SAPBR
2.5% of the fund
+15%
Axia Energia SAAXIAY
0.4% of the fund
+80%
Futu HldgsFUTU
0.3% of the fund
+169%
Sprouts Farmers MarketSFM
0.2% of the fund
+12%
TrimbleTRMB
0.1% of the fund
+27%
Silvercorp MetalsSVM
0.1% of the fund
+13%
Netease.comNTES
<0.1% of the fund
+128%
Grab HoldingsGRAB
<0.1% of the fund
+90%

Cut

Sold some of their stake.

Itau Unibanco Hldg S AITUB
8.4% of the fund
-15%
Grupo Financiero Galicia S.AGGAL
2.7% of the fund
-49%
Banco Santander ChileBSAC
2.6% of the fund
-22%
Bank of ChileBCH
2.5% of the fund
-28%
MakeMyTripMMYT
0.6% of the fund
-2%
SeaSE
0.4% of the fund
-33%
Banco BBVA ArgentinaBBAR
0.2% of the fund
-40%
Macro BankBMA
0.2% of the fund
-97%
Raymond James FinancialRJF
0.2% of the fund
-7%
AECOMACM
0.1% of the fund
-5%
NiceNICE
0.1% of the fund
-56%
Stifel FinancialSF
<0.1% of the fund
-15%
Vista Energy S.A.B. de C.V.VIST
<0.1% of the fund
-99%
WisdomTreeWT
<0.1% of the fund
-27%
Alibaba Group HldgBABA
<0.1% of the fund
-99%
Builders FirstSourceBLDR
<0.1% of the fund
-25%
Trip COM GroupTCOM
<0.1% of the fund
-41%
CDWCDW
<0.1% of the fund
-13%
MKSMKSI
<0.1% of the fund
-64%

Sold out

Sold their entire stake.

BaiduBIDU
-100%
YPF Sociedad AnonimaYPF
-100%
B2goldBTG
-100%
Pampa EnergyPAM
-100%
Gas Transporter of the SouthTGS
-100%
FTI ConsultingFCN
-100%
Marvell TechnologyMRVL
-100%
PAN American SilverPAAS
-100%
Topbuild COR
-100%
Bellring BrandsBRBR
-100%
MerckMRK
-100%

Holdings

CredicorpBAP
Share
17.6%
Value
$138m
Shares
355,496
+122%
Taiwan Semiconductor ManufacturingTSM
Share
12.5%
Value
$98m
Shares
220,407
+132%
Onto InnovationONTO
Share
11.8%
Value
$92m
Shares
262,038
New
Eldorado GoldEGO
Share
10.6%
Value
$83m
Shares
2,666,361
+35%
Icici BankIBN
Share
9.4%
Value
$74m
Shares
2,541,098
+1111%
Itau Unibanco Hldg S AITUB
Share
8.4%
Value
$66m
Shares
8,104,719
-15%
Aris MiningARIS
Share
8.3%
Value
$65m
Shares
4,363,339
+5%
ASE Technology HldgASX
Share
5.2%
Value
$41m
Shares
907,813
+2017%
Grupo Financiero Galicia S.AGGAL
Share
2.7%
Value
$22m
Shares
430,323
-49%
Banco Santander ChileBSAC
Share
2.6%
Value
$20m
Shares
617,131
-22%
Petrobras - Petroleo Brasileiro SAPBR
Share
2.5%
Value
$20m
Shares
1,228,346
+15%
Bank of ChileBCH
Share
2.5%
Value
$19m
Shares
499,453
-28%
MakeMyTripMMYT
Share
0.6%
Value
$4m
Shares
76,962
-2%
CRH PublicCRH
Share
0.5%
Value
$4m
Shares
39,733
New
SeaSE
Share
0.4%
Value
$3m
Shares
33,147
-33%
Axia Energia SAAXIAY
Share
0.4%
Value
$3m
Shares
275,447
+80%
Futu HldgsFUTU
Share
0.3%
Value
$2m
Shares
23,061
+169%
Kraneshares TrustKSTR
Share
0.3%
Value
$2m
Shares
69,993
New
TransUnionTRU
Share
0.2%
Value
$1m
Shares
19,607
Held
FTAI AviationFTAI
Share
0.2%
Value
$1m
Shares
5,460
New
Banco BBVA ArgentinaBBAR
Share
0.2%
Value
$1m
Shares
70,980
-40%
Macro BankBMA
Share
0.2%
Value
$1m
Shares
14,711
-97%
Sprouts Farmers MarketSFM
Share
0.2%
Value
$1m
Shares
13,896
+12%
DynatraceDT
Share
0.2%
Value
$1m
Shares
27,209
Held
Raymond James FinancialRJF
Share
0.2%
Value
$1m
Shares
7,483
-7%
Latam Airlines Group SALTM
Share
0.1%
Value
$1m
Shares
19,894
New
LPL Financial HoldingsLPLA
Share
0.1%
Value
$1m
Shares
3,952
Held
TrimbleTRMB
Share
0.1%
Value
$998,336
Shares
18,987
+27%
Applied MaterialsAMAT
Share
0.1%
Value
$954,885
Shares
1,467
New
SLB LimitedSLB
Share
0.1%
Value
$946,890
Shares
21,000
New
MercadoLibreMELI
Share
0.1%
Value
$937,298
Shares
538
New
AECOMACM
Share
0.1%
Value
$876,897
Shares
12,563
-5%
NiceNICE
Share
0.1%
Value
$825,191
Shares
9,083
-56%
Silvercorp MetalsSVM
Share
0.1%
Value
$797,900
Shares
79,000
+13%
Stifel FinancialSF
Share
<0.1%
Value
$764,268
Shares
10,637
-15%
Cemex SAB de CVCX
Share
<0.1%
Value
$733,392
Shares
61,116
New
QXOQXO
Share
<0.1%
Value
$705,646
Shares
40,836
Held
Vista Energy S.A.B. de C.V.VIST
Share
<0.1%
Value
$701,800
Shares
11,000
-99%
WisdomTreeWT
Share
<0.1%
Value
$654,917
Shares
38,661
-27%
Alibaba Group HldgBABA
Share
<0.1%
Value
$617,727
Shares
6,436
-99%
Builders FirstSourceBLDR
Share
<0.1%
Value
$614,328
Shares
7,247
-25%
HubbellHUBB
Share
<0.1%
Value
$604,808
Shares
1,234
New
Grupo Aeromexico SAB de CVAERO
Share
<0.1%
Value
$602,820
Shares
33,490
New
Trip COM GroupTCOM
Share
<0.1%
Value
$597,057
Shares
14,534
-41%
CDWCDW
Share
<0.1%
Value
$569,557
Shares
4,115
-13%
Southern CopperSCCO
Share
<0.1%
Value
$557,546
Shares
3,303
New
Netease.comNTES
Share
<0.1%
Value
$556,640
Shares
4,344
+128%
MKSMKSI
Share
<0.1%
Value
$554,506
Shares
1,349
-64%
Grab HoldingsGRAB
Share
<0.1%
Value
$449,789
Shares
115,627
+90%

Company	Share of fund	Value	Shares	Change
CredicorpBAP	17.6%	$138m	355,496	+122%
Taiwan Semiconductor ManufacturingTSM	12.5%	$98m	220,407	+132%
Onto InnovationONTO	11.8%	$92m	262,038	New
Eldorado GoldEGO	10.6%	$83m	2,666,361	+35%
Icici BankIBN	9.4%	$74m	2,541,098	+1111%
Itau Unibanco Hldg S AITUB	8.4%	$66m	8,104,719	-15%
Aris MiningARIS	8.3%	$65m	4,363,339	+5%
ASE Technology HldgASX	5.2%	$41m	907,813	+2017%
Grupo Financiero Galicia S.AGGAL	2.7%	$22m	430,323	-49%
Banco Santander ChileBSAC	2.6%	$20m	617,131	-22%
Petrobras - Petroleo Brasileiro SAPBR	2.5%	$20m	1,228,346	+15%
Bank of ChileBCH	2.5%	$19m	499,453	-28%
MakeMyTripMMYT	0.6%	$4m	76,962	-2%
CRH PublicCRH	0.5%	$4m	39,733	New
SeaSE	0.4%	$3m	33,147	-33%
Axia Energia SAAXIAY	0.4%	$3m	275,447	+80%
Futu HldgsFUTU	0.3%	$2m	23,061	+169%
Kraneshares TrustKSTR	0.3%	$2m	69,993	New
TransUnionTRU	0.2%	$1m	19,607	Held
FTAI AviationFTAI	0.2%	$1m	5,460	New
Banco BBVA ArgentinaBBAR	0.2%	$1m	70,980	-40%
Macro BankBMA	0.2%	$1m	14,711	-97%
Sprouts Farmers MarketSFM	0.2%	$1m	13,896	+12%
DynatraceDT	0.2%	$1m	27,209	Held
Raymond James FinancialRJF	0.2%	$1m	7,483	-7%
Latam Airlines Group SALTM	0.1%	$1m	19,894	New
LPL Financial HoldingsLPLA	0.1%	$1m	3,952	Held
TrimbleTRMB	0.1%	$998,336	18,987	+27%
Applied MaterialsAMAT	0.1%	$954,885	1,467	New
SLB LimitedSLB	0.1%	$946,890	21,000	New
MercadoLibreMELI	0.1%	$937,298	538	New
AECOMACM	0.1%	$876,897	12,563	-5%
NiceNICE	0.1%	$825,191	9,083	-56%
Silvercorp MetalsSVM	0.1%	$797,900	79,000	+13%
Stifel FinancialSF	<0.1%	$764,268	10,637	-15%
Cemex SAB de CVCX	<0.1%	$733,392	61,116	New
QXOQXO	<0.1%	$705,646	40,836	Held
Vista Energy S.A.B. de C.V.VIST	<0.1%	$701,800	11,000	-99%
WisdomTreeWT	<0.1%	$654,917	38,661	-27%
Alibaba Group HldgBABA	<0.1%	$617,727	6,436	-99%
Builders FirstSourceBLDR	<0.1%	$614,328	7,247	-25%
HubbellHUBB	<0.1%	$604,808	1,234	New
Grupo Aeromexico SAB de CVAERO	<0.1%	$602,820	33,490	New
Trip COM GroupTCOM	<0.1%	$597,057	14,534	-41%
CDWCDW	<0.1%	$569,557	4,115	-13%
Southern CopperSCCO	<0.1%	$557,546	3,303	New
Netease.comNTES	<0.1%	$556,640	4,344	+128%
MKSMKSI	<0.1%	$554,506	1,349	-64%
Grab HoldingsGRAB	<0.1%	$449,789	115,627	+90%

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 49.3% since 30 June 2025.

Where the money is

Financial services32.8%

Technology25.2%

Materials19.7%

Energy2.6%

Industrials1.0%

Everyday goods0.2%

Retail & consumer0.1%

Other18.4%

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.