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Asset Manager ← All Institutions

RWC Asset Management LLP

VERDE 4TH FLOOR, 10 BRESSENDEN PLACE, LONDON, X0 SW1E 5DH • 011442072276000

Q2 2026 · Filed 2026-07-27
Market Value
$2.4B
+8.2%
Holdings
121
-2
New Purchases
5
Added To
49
Closed
21
Reduced
32
Top 10 Concentration
49.6%
Turnover
21.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SJM 7.37% 0.00% +7.37% $175M
KHC 6.96% 4.97% +1.99% $165M
YPF 1.26% 0.16% +1.10% $30M
BAX 2.99% 2.36% +0.63% $71M
FRVO 0.63% 0.00% +0.63% $15M
HPQ 5.98% 5.45% +0.53% $142M
INFY 0.42% 0.00% +0.42% $10M
OC 0.77% 0.43% +0.34% $18M
TLN 0.68% 0.37% +0.31% $16M
TSM 0.81% 0.51% +0.31% $19M
PCG 0.99% 0.72% +0.28% $24M
KDP 1.72% 1.47% +0.25% $41M
GGAL 1.80% 1.59% +0.21% $43M
SYY 1.83% 1.66% +0.17% $43M
VIST 2.16% 2.06% +0.10% $51M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LEA 0.67% 3.52% -2.85% $16M
TAP 0.00% 2.32% -2.32% $0
SQM 2.01% 3.53% -1.52% $48M
GFI 1.60% 2.76% -1.16% $38M
CMCSA 6.87% 7.92% -1.05% $163M
PBR 1.79% 2.48% -0.69% $43M
VALE 0.95% 1.58% -0.63% $23M
CEG 0.84% 1.39% -0.55% $20M
EXC 3.13% 3.66% -0.53% $74M
BZ 0.08% 0.52% -0.44% $2M
M 8.87% 9.29% -0.42% $211M
EPAM 0.39% 0.72% -0.33% $9M
DVN 0.59% 0.89% -0.30% $14M
NEE 1.26% 1.55% -0.28% $30M
PEP 0.97% 1.19% -0.21% $23M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Utilities 17.4%
Consumer Defensive 14.2%
Consumer Cyclical 14.1%
Communication Services 11.8%
Basic Materials 9.3%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 10 $154M 6.5%
Large Cap 63 $1.6B 69.5%
Mid Cap 38 $526M 22.1%
Small Cap 9 $46M 1.9%
Micro Cap 1 $0 0.0%

Portfolio Analytics

Avg Market Cap
$82.1B
Median Market Cap
$20.3B
Avg P/E
26.2
Median P/E
20.5
Avg Dividend Yield
0.02%
Avg Beta
0.78
# Stocks
121
# ETFs / Funds
0

Top Holdings (121 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 M 8.87% 8,942,844 $211M $23.55 $7M -2,331,557 -20.7%
2 SJM 7.37% 1,555,311 $175M $112.50 — +1,555,311 — NEW
3 KHC 6.96% 6,998,616 $165M $23.62 $56M +2,150,796 +44.4%
4 CMCSA 6.87% 6,646,575 $163M $24.55 -$11M +589,023 +9.7%
5 HPQ 5.98% 6,471,380 $142M $21.94 $22M +244,046 +3.9%
6 EXC 3.13% 1,592,781 $74M $46.62 -$6M -45,071 -2.8%
7 BAX 2.99% 3,329,168 $71M $21.32 $19M +251,599 +8.2%
8 JNJ 2.80% 262,139 $67M $253.97 $4M +4,984 +1.9%
9 OMC 2.44% 795,132 $58M $72.83 $3M +72,271 +10.0%
10 VIST 2.16% 805,548 $51M $63.80 $6M +205,248 +34.2%
11 SQM 2.01% 643,447 $48M $74.04 -$30M -313,188 -32.7%
12 SYY 1.83% 520,035 $43M $83.58 $7M +9,996 +2.0%
13 GGAL 1.80% 853,445 $43M $50.03 $8M +105,569 +14.1%
14 PBR 1.79% 2,630,124 $43M $16.16 -$12M +2,586 +0.1%
15 KDP 1.72% 1,249,198 $41M $32.73 $9M +23,832 +1.9%
16 GFI 1.60% 1,131,408 $38M $33.59 -$22M -200,963 -15.1%
17 ABEV 1.39% 10,547,747 $33M $3.14 $3M +208,838 +2.0%
18 CMS 1.39% 432,884 $33M $76.50 $198K +8,575 +2.0%
19 PAYX 1.37% 329,670 $32M $98.33 $3M +6,254 +1.9%
20 AMT 1.36% 197,806 $32M $163.57 -$1M +3,787 +1.9%
21 PM 1.35% 177,837 $32M $180.91 $3M +3,522 +2.0%
22 YPF 1.26% 660,589 $30M $45.47 $26M +583,384 +755.6%
23 NEE 1.26% 341,499 $30M $87.77 -$4M -23,859 -6.5%
24 D 1.21% 419,724 $29M $68.29 $1M -22,584 -5.1%
25 MRK 1.13% 209,086 $27M $128.50 $2M +3,996 +1.9%
26 WMB 1.10% 352,000 $26M $74.34 $3M +31,023 +9.7%
27 BRX 1.10% 826,470 $26M $31.53 $3M +15,496 +1.9%
28 PCG 0.99% 1,402,347 $24M $16.82 $8M +505,678 +56.4%
29 PEG 0.98% 285,918 $23M $81.16 $670K +7,536 +2.7%
30 PEP 0.97% 170,924 $23M $135.40 -$3M +3,243 +1.9%
31 VALE 0.95% 1,500,372 $23M $15.04 -$12M -684,698 -31.3%
32 LOMA 0.95% 1,965,612 $23M $11.45 $708K — —
33 FRT 0.91% 175,377 $22M $123.44 $3M +3,290 +1.9%
34 ERJ 0.90% 336,491 $21M $63.80 $2M +4,031 +1.2%
35 CEG 0.84% 80,723 $20M $248.37 -$10M -28,509 -26.1%
36 TSM 0.81% 40,381 $19M $477.57 $8M +7,453 +22.6%
37 MELI 0.79% 11,009 $19M $1,697.39 -$63K +165 +1.5%
38 OC 0.77% 115,381 $18M $158.96 $9M +28,302 +32.5%
39 CWEN 0.72% 502,780 $17M $34.18 -$2M +23,824 +5.0%
40 DAL 0.72% 182,031 $17M $93.66 $2M -46,327 -20.3%
41 TEO 0.70% 1,283,341 $17M $13.00 $2M +308 +0.0%
42 VSNTV 0.69% 458,188 $16M $36.01 $1M +41,689 +10.0%
43 TLN 0.68% 41,994 $16M $384.26 $8M +16,476 +64.6%
44 HUBB 0.67% 30,338 $16M $523.20 $91K -1,821 -5.7%
45 LEA 0.67% 117,819 $16M $134.06 -$61M -519,762 -81.5%
46 SYF 0.65% 201,568 $15M $76.05 $3M +18,447 +10.1%
47 FRVO 0.63% 512,863 $15M $29.23 — +512,863 — NEW
48 DVN 0.59% 339,820 $14M $41.32 -$5M -48,478 -12.5%
49 AQN 0.57% 2,317,719 $14M $5.86 -$120K +86,219 +3.9%
50 CHRD 0.57% 117,533 $13M $114.30 -$2M +10,716 +10.0%
51 TECK 0.47% 186,597 $11M $59.46 $1M -3,523 -1.9%
52 SUPV 0.45% 1,112,069 $11M $9.66 $256K — —
53 XEL 0.45% 132,305 $11M $80.30 -$66K -2,260 -1.7%
54 ORA 0.45% 97,289 $11M $108.90 -$534K -2,144 -2.2%
55 SO 0.43% 107,737 $10M $95.71 -$243K -1,615 -1.5%
56 INFY 0.42% 957,414 $10M $10.49 — +957,414 — NEW
57 EPAM 0.39% 116,095 $9M $79.35 -$7M — —
58 VST 0.38% 56,366 $9M $158.63 $329K -924 -1.6%
59 AVA 0.37% 216,488 $9M $40.91 -$1M -38,883 -15.2%
60 AEP 0.37% 63,520 $9M $136.81 $245K -905 -1.4%
61 ES 0.34% 112,645 $8M $72.27 $206K -1,895 -1.6%
62 DTE 0.32% 50,366 $8M $152.37 $186K -844 -1.6%
63 BABA 0.32% 78,744 $8M $95.98 -$3M -2,259 -2.8%
64 AES 0.29% 464,123 $7M $14.66 $170K -6,718 -1.4%
65 AEE 0.28% 59,601 $7M $113.04 $108K -708 -1.2%
66 RUN 0.28% 497,268 $7M $13.38 $1M +81,706 +19.7%
67 JXN 0.25% 58,510 $6M $102.39 $364K +5,289 +9.9%
68 AWK 0.22% 39,883 $5M $131.58 -$194K -101 -0.2%
69 LNT 0.21% 66,509 $5M $76.29 $239K -869 -1.3%
70 WM 0.19% 20,236 $5M $222.88 -$66K +321 +1.6%
71 VEON 0.15% 68,207 $4M $52.21 $2M +30,167 +79.3%
72 HSLV 0.13% 669,956 $3M $4.69 -$888K -22,378 -3.2%
73 IRS 0.10% 155,815 $2M $15.44 -$120K — —
74 AERO 0.09% 124,350 $2M $18.00 $496K — —
75 BZ 0.08% 142,786 $2M $12.87 -$10M -713,368 -83.3%
76 GOOGM 0.05% 23,000 $1M $50.89 — +23,000 — NEW
77 VZ 0.04% 22,211 $940K $42.34 -$187K -254 -1.1%
78 WTS 0.04% 2,232 $874K $391.45 $226K — —
79 SBS 0.04% 148,380 $858K $5.78 -$63K +118,211 +391.8%
80 RSG 0.04% 3,966 $845K $213.08 -$5K +84 +2.2%
81 PL 0.03% 22,267 $738K $33.13 -$6K -4,340 -16.3%
82 CLH 0.03% 2,323 $694K $298.75 $53K +86 +3.8%
83 ECL 0.03% 2,429 $677K $278.61 $93K +235 +10.7%
84 VMI 0.03% 1,116 $645K $577.60 $273K +185 +19.9%
85 MWA 0.02% 22,513 $582K $25.83 -$37K — —
86 WMS 0.02% 3,603 $566K $156.96 $122K +369 +11.4%
87 ITRI 0.02% 6,263 $542K $86.53 -$19K — —
88 DE 0.02% 835 $530K $634.33 $107K +85 +11.3%
89 BLL 0.02% 7,944 $496K $62.40 $80K +911 +12.9%
90 TRMB 0.02% 9,493 $486K $51.18 -$133K — —
91 XYL 0.02% 3,949 $467K $118.21 -$181K -1,476 -27.2%
92 VLTO 0.02% 5,172 $459K $88.68 — +5,172 — NEW
93 TTEK 0.01% 12,253 $354K $28.89 -$15K — —
94 KOS 0.01% 148,128 $313K $2.11 -$501K -144,385 -49.4%
95 BMI 0.01% 1,928 $286K $148.38 $18K +166 +9.4%
96 ACM 0.01% 4,069 $284K $69.80 -$61K — —
97 PKG 0.01% 1,052 $251K $238.28 $27K — —
98 SM 0.01% 9,086 $237K $26.10 -$26K +641 +7.6%
99 KAI 0.01% 746 $234K $314.23 $16K — —
100 CPRT 0.01% 7,386 $208K $28.19 -$37K — —

New Positions

SymbolValue% Port
SJM $175M 7.37%
FRVO $15M 0.63%
INFY $10M 0.42%
GOOGM $1M 0.05%
VLTO $459K 0.02%

Sold Out Positions

SymbolValue% Port
ABT — —%
ABBV — —%
IQV — —%
STN — —%
TMO — —%
GKOS — —%
HCA — —%
LLY — —%
BSX — —%
TAP — —%
UNH — —%
GH — —%
DNTH — —%
CGON — —%
SYRE — —%
View SEC EDGAR Filings for RWC Asset Management LLP →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms