— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

RWC Asset Management LLP

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

Q4 2025 · Filed 2026-02-11
Market Value
$1.8B
+0.4%
Holdings
121
+1
New Purchases
6
Added To
27
Closed
15
Reduced
55
Top 10 Concentration
46.9%
Turnover
17.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
M 13.59% 11.03% +2.56% $242M
VIST 2.04% 0.77% +1.27% $36M
GGAL 2.47% 1.28% +1.19% $44M
EPAM 0.89% 0.00% +0.89% $16M
LOMA 1.43% 0.60% +0.83% $25M
PAYX 2.11% 1.29% +0.83% $38M
PCG 0.81% 0.00% +0.81% $14M
OMC 2.53% 1.73% +0.80% $45M
VALE 1.83% 1.20% +0.64% $33M
SUPV 0.78% 0.21% +0.58% $14M
SQM 3.27% 2.70% +0.57% $58M
LEA 3.80% 3.24% +0.56% $68M
PM 1.63% 1.07% +0.56% $29M
GFI 3.28% 2.73% +0.55% $58M
ERJ 1.18% 0.71% +0.47% $21M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CSCO 0.00% 2.94% -2.94% $0
HPQ 7.52% 9.02% -1.50% $134M
NIO 0.00% 1.17% -1.17% $0
LAUR 0.00% 0.61% -0.61% $0
EXC 4.42% 4.99% -0.57% $79M
CEG 1.80% 2.36% -0.57% $32M
VST 0.52% 1.09% -0.56% $9M
LI 0.00% 0.51% -0.51% $0
D 1.44% 1.94% -0.51% $26M
BZ 0.52% 0.94% -0.41% $9M
SNDK 0.00% 0.39% -0.39% $0
NEE 1.68% 2.05% -0.37% $30M
AVA 0.54% 0.91% -0.37% $10M
BABA 1.16% 1.51% -0.35% $21M
SYY 2.19% 2.53% -0.34% $39M

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 11 $154M 8.7%
Large Cap 73 $1.0B 57.0%
Mid Cap 31 $571M 32.1%
Small Cap 6 $40M 2.3%

Portfolio Analytics

Avg Market Cap
$64.8B
Median Market Cap
$22.9B
Avg P/E
27.1
Median P/E
22.2
Avg Dividend Yield
0.02%
Avg Beta
0.88
# 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 13.59% 10,965,149 $242M $22.05 $46M +62,839 +0.6%
2 HPQ 7.52% 6,010,052 $134M $22.28 -$26M +138,154 +2.4%
3 EXC 4.42% 1,803,760 $79M $43.59 -$10M -162,560 -8.3%
4 LEA 3.80% 589,753 $68M $114.60 $10M +19,705 +3.5%
5 GFI 3.28% 1,335,993 $58M $43.66 $10M +183,821 +15.9%
6 SQM 3.27% 846,610 $58M $68.80 $10M -267,197 -24.0%
7 JNJ 3.10% 266,405 $55M $206.95 $4M -9,187 -3.3%
8 TAP 2.90% 1,104,632 $52M $46.68 $3M +28,929 +2.7%
9 OMC 2.53% 557,401 $45M $80.75 $14M +180,794 +48.0%
10 GGAL 2.47% 816,201 $44M $53.94 $21M -9,974 -1.2%
11 SYY 2.19% 528,494 $39M $73.69 -$6M -16,707 -3.1%
12 PAYX 2.11% 334,959 $38M $112.18 $15M +155,096 +86.2%
13 VIST 2.04% 746,132 $36M $48.66 $23M +347,223 +87.0%
14 KDP 2.00% 1,269,368 $36M $28.01 $2M -42,367 -3.2%
15 AMT 1.98% 200,944 $35M $175.57 -$5M -6,510 -3.1%
16 VALE 1.83% 2,500,707 $33M $13.03 $11M +549,322 +28.1%
17 CEG 1.80% 90,481 $32M $353.27 -$10M -36,857 -28.9%
18 CMS 1.73% 439,807 $31M $69.93 -$2M -10,616 -2.4%
19 NEE 1.68% 372,225 $30M $80.28 -$6M -109,573 -22.7%
20 PM 1.63% 180,661 $29M $160.40 $10M +63,974 +54.8%
21 ABEV 1.49% 10,715,881 $26M $2.47 $2M -252,753 -2.3%
22 D 1.44% 436,342 $26M $58.59 -$9M -127,117 -22.6%
23 LOMA 1.43% 1,965,612 $25M $12.95 $15M +529,153 +36.8%
24 BSAC 1.41% 806,568 $25M $31.11 $3M -44,300 -5.2%
25 PEP 1.40% 173,695 $25M $143.52 -$318K -6,075 -3.4%
26 MRK 1.26% 212,417 $22M $105.26 $4M -7,065 -3.2%
27 BRX 1.24% 839,946 $22M $26.22 -$2M -31,614 -3.6%
28 PEG 1.23% 272,267 $22M $80.30 -$2M -17,666 -6.1%
29 ERJ 1.18% 327,381 $21M $64.37 $8M +118,969 +57.1%
30 BABA 1.16% 140,786 $21M $146.58 -$6M -8,810 -5.9%
31 MELI 1.13% 10,026 $20M $2,014.26 -$4M -437 -4.2%
32 FRT 1.01% 178,234 $18M $100.80 -$778K -6,781 -3.7%
33 CWEN 0.98% 526,195 $18M $33.26 -$4M -219,342 -29.4%
34 EPAM 0.89% 77,529 $16M $204.88 +77,529 NEW
35 TEL 0.88% 69,205 $16M $227.51 $1M +2,895 +4.4%
36 HUBB 0.83% 33,235 $15M $444.11 $2M +2,479 +8.1%
37 PCG 0.81% 896,669 $14M $16.07 +896,669 NEW
38 AQN 0.81% 2,331,095 $14M $6.15 -$2M -714,225 -23.4%
39 SUPV 0.78% 1,178,894 $14M $11.82 $10M +434,285 +58.3%
40 TEO 0.66% 1,009,244 $12M $11.61 $7M +339,416 +50.7%
41 FSLR 0.61% 41,424 $11M $261.23 -$4M -23,991 -36.7%
42 ORA 0.61% 97,901 $11M $110.47 -$2M -38,200 -28.1%
43 TECK 0.57% 213,497 $10M $47.89 -$5M -128,381 -37.5%
44 XEL 0.56% 135,490 $10M $73.86 -$6M -61,735 -31.3%
45 DAL 0.55% 142,067 $10M $69.40 $3M +15,882 +12.6%
46 AVA 0.54% 249,608 $10M $38.54 -$6M -176,138 -41.4%
47 SO 0.54% 109,977 $10M $87.20 -$2M -9,553 -8.0%
48 SYF 0.53% 113,924 $10M $83.43 $2M +14,222 +14.3%
49 VST 0.52% 57,665 $9M $161.33 -$10M -40,678 -41.4%
50 BZ 0.52% 456,013 $9M $20.38 -$7M -254,290 -35.8%
51 TLN 0.52% 24,541 $9M $374.84 $1M +6,344 +34.9%
52 DTE 0.49% 67,751 $9M $128.98 -$2M -5,887 -8.0%
53 ES 0.44% 115,276 $8M $67.33 -$2M -22,354 -16.2%
54 DINO 0.42% 164,125 $8M $46.08 $45K +20,491 +14.3%
55 AEP 0.42% 64,775 $7M $115.31 -$4M -39,652 -38.0%
56 RUN 0.41% 398,290 $7M $18.40 -$166K -35,154 -8.1%
57 DVN 0.41% 198,442 $7M $36.63 +198,442 NEW
58 AES 0.38% 473,450 $7M $14.34 $17K -41,142 -8.0%
59 WM 0.34% 27,840 $6M $219.71 -$3M -13,145 -32.1%
60 AEE 0.34% 60,583 $6M $99.86 -$695K -4,033 -6.2%
61 PBR 0.33% 494,705 $6M $11.85 -$6M -429,622 -46.5%
62 JXN 0.30% 50,037 $5M $106.65 $911K +6,317 +14.4%
63 AWK 0.29% 40,197 $5M $130.50 $2M +16,434 +69.2%
64 LNT 0.28% 77,800 $5M $65.01 -$644K -6,784 -8.0%
65 YPF 0.12% 60,262 $2M $36.16 -$665K -56,813 -48.5%
66 CAAP 0.11% 75,387 $2M $26.00 $594K
67 VZ 0.05% 22,767 $927K $40.73 -$509K -9,915 -30.3%
68 LLY 0.05% 754 $810K $1,074.68 $238K +4 +0.5%
69 TRMB 0.04% 9,493 $744K $78.35 -$31K
70 XYL 0.04% 5,425 $739K $136.18 -$61K
71 PDD 0.04% 6,390 $725K $113.39 -$120K
72 PL 0.04% 34,700 $684K $19.72 $135K -7,620 -18.0%
73 SBS 0.04% 28,250 $674K $23.85 -$9K +813 +3.0%
74 WTS 0.03% 2,232 $616K $276.02 -$7K
75 ECL 0.03% 2,194 $576K $262.52 -$25K
76 MWA 0.03% 22,513 $536K $23.82 -$38K
77 RSG 0.03% 2,382 $505K $211.93 -$42K
78 CLH 0.03% 2,131 $500K $234.48 $5K
79 WMS 0.03% 3,234 $468K $144.83 $20K
80 ITRI 0.03% 5,033 $467K $92.86 -$160K
81 ABBV 0.02% 1,921 $439K $228.49 -$49K -187 -8.9%
82 TTEK 0.02% 12,253 $411K $33.54 $2K
83 TMO 0.02% 701 $406K $579.45 $175K +224 +47.0%
84 ACM 0.02% 4,069 $388K $95.33 -$327K -1,409 -25.7%
85 GH 0.02% 3,775 $386K $102.14 $20K -2,071 -35.4%
86 VMI 0.02% 931 $375K $402.32 -$24K -96 -9.3%
87 BLL 0.02% 7,033 $373K $52.97 $18K
88 DE 0.02% 750 $349K $465.57 $6K
89 BSX 0.02% 3,507 $334K $95.35 -$41K -341 -8.9%
90 EYPT 0.02% 17,235 $315K $18.27 $84K +1,040 +6.4%
91 BMI 0.02% 1,762 $307K $174.41 +1,762 NEW
92 SRRK 0.02% 6,718 $296K $44.05 +6,718 NEW
93 HCA 0.02% 620 $289K $466.86 -$363 -60 -8.8%
94 CPRT 0.02% 7,386 $289K $39.15 -$43K
95 IQV 0.02% 1,236 $279K $225.41 $64K +107 +9.5%
96 ABT 0.02% 2,186 $274K $125.29 -$47K -212 -8.8%
97 EXAS 0.02% 2,660 $270K $101.56 -$77K -3,692 -58.1%
98 IRTC 0.01% 1,454 $258K $177.44 -$16K -141 -8.8%
99 MIRM 0.01% 3,134 $248K $78.99 -$31K -663 -17.5%
100 STN 0.01% 2,472 $234K $94.49 -$33K

New Positions

SymbolValue% Port
EPAM $16M 0.89%
PCG $14M 0.81%
DVN $7M 0.41%
BMI $307K 0.02%
SRRK $296K 0.02%
GKOS $202K 0.01%

Sold Out Positions

SymbolValue% Port
WTRG —%
NIO —%
CPNG —%
CSCO —%
LI —%
DXCM —%
LAUR —%
SNDK —%
GTE.TO —%
INSM —%
PODD —%
ONC —%
RYTM —%
HOLX —%
IPG —%
View SEC EDGAR Filings for RWC Asset Management LLP →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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