RWC Asset Management LLP

Registered adviser

CIK

1520478

Location

LONDON, X0

Portfolio Value

Mid $2,447,660,269

Diversification

Diversified

Reports for

RWC Partners Ltd

Filing Date

Global Rank

#1,441 / 8,818 ▼ 63 · as of Jun 2026

Top Industry

Packaged Foods 13.9%

Period ended 28 days ago

Filed Oct 22, 2026 · 6d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 168656

Roster of Oct 1, 2026

Regulatory AUM

$17,317,221,085

Main clients

Pooled investment vehicles (94% of AUM)

Private funds

4 funds · Hedge funds

Focus by gross assets, Schedule D of Nov 21, 2024

$789,425,442 gross assets

Registered funds advised

1 series (0 index, 0 ETFs)

$198,948,998 net assets· N-CEN Sep 30, 2025

LEI

549300LCLFZTX0SGM862

Private funds on Schedule D 7.B.(1)

As filed Nov 21, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$978,655,941 gross assets in 6 funds Hedge funds $945,623,300 (5) Other private funds $33,032,641 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$17,317,221,085	Pooled investment vehicles (94%)
Apr 2025 to Mar 2026	$13,232,592,273	Pooled investment vehicles (91%)
Dec 2024 to Mar 2025	$10,180,349,177	Pooled investment vehicles (92%)
Apr 2024 to Nov 2024	$10,180,349,177	Pooled investment vehicles (92%)
May 2023 to Mar 2024	$12,407,175,993	Pooled investment vehicles (81%)
Apr 2023	$12,407,175,993	Pooled investment vehicles (81%)

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 49.0%, 28.7 effective positions, active share 95.0% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

31.9% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 10.3 quarters, but 6.6% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 95.0%; sector active share 47.8% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

108 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

8.2%

−0.6 pts

Top 5

36.1%

+0.4 pts

Top 10

50.0%

+1.0 pts

HHI

356

Diversified+7

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Consumer Defensive	18.5%	$453,135,891	5
Utilities	13.2%	$322,352,812	23
Technology	13.1%	$319,451,331	11
Consumer Cyclical	12.4%	$303,779,453	8
Communication Services	10.2%	$248,683,849	7
Energy	8.7%	$212,134,822	8
Healthcare	8.1%	$198,397,854	5
Basic Materials	6.3%	$154,757,001	9
Financial Services	3.5%	$85,990,042	4
Real Estate	3.2%	$77,918,446	4
Industrials	2.9%	$71,058,768	24

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PBR	Petrobras - Petroleo Brasileiro SA	+384,816	3,014,940	$62,921,797
GFI	Gold Fields Ltd	+314,381	1,445,789	$52,221,898
KDP	Keurig Dr Pepper Inc.	+306,902	1,556,100	$47,212,074
ABEV	Ambev S.A.	+231,992	10,779,739	$31,476,837
VSNT	Versant Media Group, Inc.	+156,441	614,629	$19,483,739
DVN	Devon Energy Corp	+114,125	453,945	$20,899,627
OMC	Omnicom Group Inc.	+86,210	881,342	$64,893,211
EXC	Exelon Corp	+84,660	1,677,441	$67,768,616
WMB	Williams Companies, Inc.	+66,929	418,929	$28,474,604
SYF	Synchrony Financial	+54,047	255,615	$18,140,996
CHRD	Chord Energy Corp	+40,583	158,116	$21,198,612
GGAL	Grupo Financiero Galicia SA	+36,903	890,348	$33,156,559
BABA	Alibaba Group Holding Ltd	+33,429	112,173	$12,063,084
BRX	Brixmor Property Group Inc.	+17,302	843,772	$23,288,107
DTE	Dte Energy Co	+12,912	63,278	$7,707,260
NEE	Nextera Energy Inc	+12,452	353,951	$26,808,248
XEL	Xcel Energy Inc	+11,654	143,959	$10,146,230
PEG	Public Service Enterprise Group Inc	+10,834	296,752	$19,983,279
SO	Southern Co	+10,522	118,259	$9,802,488
CWEN	Clearway Energy, Inc.	+9,660	512,440	$14,999,118
CMS	Cms Energy Corp	+9,630	442,514	$27,913,783
SM	SM Energy Co	+9,469	18,555	$626,787
TLN	Talen Energy Corp	+8,312	50,306	$15,730,183
PAYX	Paychex Inc	+7,030	336,700	$33,164,950
GOOGM	Alphabet Inc.	+7,000	30,000	$1,472,400
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PCG	PG&E Corp	−750,624	651,723	$7,983,606
AQN	Algonquin Power & Utilities Corp.	−574,837	1,742,882	$8,766,696
VALE	Vale S.A.	−434,313	1,066,059	$14,295,851
SQM	Chemical & Mining Co Of Chile Inc	−269,748	373,699	$24,241,854
BAX	Baxter International Inc	−206,550	3,122,618	$74,942,832
EMBJ	Embraer S.A.	−180,673	155,818	$11,736,211
RUN	Sunrun Inc.	−180,456	316,812	$2,461,629
M	Macy's, Inc.	−154,053	8,788,791	$200,120,771
YPF	Ypf Sociedad Anonima	−138,071	522,518	$26,193,827
HPQ	Hp Inc	−110,114	6,361,266	$198,980,400
INFY	Infosys Ltd	−108,598	848,816	$9,133,260
TECK	Teck Resources Ltd	−97,870	88,727	$5,837,349
FRVO	Fervo Energy Co	−95,737	417,126	$5,668,742
HSLV	Highlander Silver Corp.	−62,583	607,373	$3,170,487
CMCSA	Comcast Corp	−46,103	6,600,472	$143,626,270
AVA	Avista Corp	−44,780	171,708	$6,025,233
KHC	Kraft Heinz Co	−42,884	6,955,732	$158,034,231
VEON	VEON Ltd.	−35,022	33,185	$2,453,367
OC	Owens Corning	−32,150	83,231	$9,716,386
SJM	J M SMUCKER Co	−27,047	1,528,264	$181,725,872
VIST	Vista Energy, S.A.B. de C.V.	−18,351	787,197	$51,443,323
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−16,872	23,509	$10,724,570
D	Dominion Energy, Inc	−10,043	409,681	$24,793,894
PL	Planet Labs PBC	−3,673	18,594	$304,755
CEG	Constellation Energy Corp	−1,883	78,840	$20,026,936
No positions match the current search.

New Positions

Positions the filer opened this quarter

13 positions

Ticker	Company	Shares	Value
QSR	Restaurant Brands International Inc.	634,045	$45,067,918
EGO	Eldorado Gold Corp	793,675	$30,548,550
PYPL	PayPal Holdings, Inc.	509,912	$26,785,677
ADBE	Adobe Inc.	106,223	$25,487,146
UHS	Universal Health Services Inc	121,492	$21,171,195
HOG	Harley-Davidson, Inc.	789,678	$19,291,833
GPN	Global Payments Inc	226,338	$18,485,024
SCCO	Southern Copper Corp	27,969	$5,667,638
RHI	Robert Half Inc.	10,569	$388,410
CTAS	Cintas Corp	1,935	$377,441
MOH	Molina Healthcare, Inc.	1,968	$372,148
MAN	ManpowerGroup Inc.	4,737	$263,282
SBH	Sally Beauty Holdings, Inc.	10,066	$165,283
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
SYY	Sysco Corp	520,035	$43,464,525
PEP	Pepsico Inc	170,924	$23,143,109
DAL	Delta Air Lines, Inc.	182,031	$17,049,023
LEA	Lear Corp	117,819	$15,794,815
AES	Aes Corp	464,123	$6,804,043
JXN	Jackson Financial Inc.	58,510	$5,990,838
BZ	Kanzhun Ltd	142,786	$1,837,655
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

108 tracked positions · $2,447,660,269 total · filing declares 174 positions · $2,697,338,215 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 108 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
M	Macy's, Inc. Consumer Cyclical	Reduced	8,788,791	-154,053	$200,120,771	−5.0%	8.18%
HPQ	Hp Inc Technology	Reduced	6,361,266	-110,114	$198,980,400	+40.1%	8.13%
SJM	J M SMUCKER Co Consumer Defensive	Reduced	1,528,264	-27,047	$181,725,872	+3.9%	7.42%
KHC	Kraft Heinz Co Consumer Defensive	Reduced	6,955,732	-42,884	$158,034,231	−4.4%	6.46%
CMCSA	Comcast Corp Communication Services	Reduced	6,600,472	-46,103	$143,626,270	−12.0%	5.87%
BAX	Baxter International Inc Healthcare	Reduced	3,122,618	-206,550	$74,942,832	+5.6%	3.06%
JNJ	Johnson & Johnson Healthcare	Added	267,730	+5,591	$70,878,840	+6.5%	2.90%
EXC	Exelon Corp Utilities	Added	1,677,441	+84,660	$67,768,616	−8.7%	2.77%
OMC	Omnicom Group Inc. Communication Services	Added	881,342	+86,210	$64,893,211	+12.1%	2.65%
PBR	Petrobras - Petroleo Brasileiro SA Energy	Added	3,014,940	+384,816	$62,921,797	+48.0%	2.57%
GFI	Gold Fields Ltd Basic Materials	Added	1,445,789	+314,381	$52,221,898	+37.4%	2.13%
VIST	Vista Energy, S.A.B. de C.V. Energy	Reduced	787,197	-18,351	$51,443,323	+0.1%	2.10%
KDP	Keurig Dr Pepper Inc. Consumer Defensive	Added	1,556,100	+306,902	$47,212,074	+15.5%	1.93%
QSR	Restaurant Brands International Inc. Consumer Cyclical	NEW	634,045	NEW	$45,067,918	NEW	1.84%
PM	Philip Morris International Inc. Consumer Defensive	Added	181,778	+3,941	$34,686,877	+7.8%	1.42%
PAYX	Paychex Inc Technology	Added	336,700	+7,030	$33,164,950	+2.3%	1.35%
GGAL	Grupo Financiero Galicia SA Financial Services	Added	890,348	+36,903	$33,156,559	−22.3%	1.35%
AMT	American Tower Corp Real Estate	Added	202,025	+4,219	$33,069,472	+2.2%	1.35%
ABEV	Ambev S.A. Consumer Defensive	Added	10,779,739	+231,992	$31,476,837	−5.0%	1.29%
MRK	Merck & Co., Inc. Healthcare	Added	213,563	+4,477	$31,032,839	+15.5%	1.27%
EGO	Eldorado Gold Corp Basic Materials	NEW	793,675	NEW	$30,548,550	NEW	1.25%
WMB	Williams Companies, Inc. Energy	Added	418,929	+66,929	$28,474,604	+8.8%	1.16%
CMS	Cms Energy Corp Utilities	Added	442,514	+9,630	$27,913,783	−15.7%	1.14%
NEE	Nextera Energy Inc Utilities	Added	353,951	+12,452	$26,808,248	−10.6%	1.10%
PYPL	PayPal Holdings, Inc. Financial Services	NEW	509,912	NEW	$26,785,677	NEW	1.09%
MELI	Mercadolibre Inc Consumer Cyclical	Added	15,264	+4,255	$26,384,281	+41.2%	1.08%
YPF	Ypf Sociedad Anonima Energy	Reduced	522,518	-138,071	$26,193,827	−12.8%	1.07%
TEL	TE Connectivity plc Technology	Added	121,057	+4,581	$25,552,711	+8.8%	1.04%
ADBE	Adobe Inc. Technology	NEW	106,223	NEW	$25,487,146	NEW	1.04%
D	Dominion Energy, Inc Utilities	Reduced	409,681	-10,043	$24,793,894	−13.5%	1.01%
SQM	Chemical & Mining Co Of Chile Inc Basic Materials	Reduced	373,699	-269,748	$24,241,854	−49.1%	0.99%
BRX	Brixmor Property Group Inc. Real Estate	Added	843,772	+17,302	$23,288,107	−10.6%	0.95%
CHRD	Chord Energy Corp Energy	Added	158,116	+40,583	$21,198,612	+57.8%	0.87%
UHS	Universal Health Services Inc Healthcare	NEW	121,492	NEW	$21,171,195	NEW	0.86%
DVN	Devon Energy Corp Energy	Added	453,945	+114,125	$20,899,627	+48.8%	0.85%
CEG	Constellation Energy Corp Utilities	Reduced	78,840	-1,883	$20,026,936	−0.1%	0.82%
PEG	Public Service Enterprise Group Inc Utilities	Added	296,752	+10,834	$19,983,279	−13.9%	0.82%
VSNT	Versant Media Group, Inc. Communication Services	Added	614,629	+156,441	$19,483,739	+18.1%	0.80%
FRT	Federal Realty Investment Trust Real Estate	Added	179,074	+3,697	$19,391,923	−10.4%	0.79%
HOG	Harley-Davidson, Inc. Consumer Cyclical	NEW	789,678	NEW	$19,291,833	NEW	0.79%
GPN	Global Payments Inc Industrials	NEW	226,338	NEW	$18,485,024	NEW	0.76%
SYF	Synchrony Financial Financial Services	Added	255,615	+54,047	$18,140,996	+18.3%	0.74%
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima Basic Materials	Held	1,965,612	0	$18,083,630	−19.7%	0.74%
TEO	Telecom Argentina SA Communication Services	Held	1,283,341	0	$15,746,594	−5.6%	0.64%
TLN	Talen Energy Corp Utilities	Added	50,306	+8,312	$15,730,183	−2.5%	0.64%
HUBB	Hubbell Inc Industrials	Added	33,410	+3,072	$15,154,776	−4.5%	0.62%
CWEN	Clearway Energy, Inc. Utilities	Added	512,440	+9,660	$14,999,118	−12.7%	0.61%
VALE	Vale S.A. Basic Materials	Reduced	1,066,059	-434,313	$14,295,851	−36.6%	0.58%
EPAM	EPAM Systems, Inc. Technology	Held	116,095	0	$12,580,054	+36.6%	0.51%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Added	112,173	+33,429	$12,063,084	+59.6%	0.49%

Showing the top 50 of 108 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.