ARGA Investment Management, LP

CIK

1556915

Location

STAMFORD, CT

Portfolio Value

Mid $3,005,038,761

Diversification

Diversified

Filing Date

Global Rank

#924 / 8,603 ▼ 90 · as of Mar 2026

Top Industry

Oil & Gas Integrated 15.8%

3Y Alpha vs SPY

-5.2%

Period ended 3 months ago

Filed May 13, 2026 · 57d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+55.4%

SPY

+76.5%

Annualised alpha

-5.0%

Max drawdown

−21.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

108 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

13.1%

+2.9 pts

Top 5

48.4%

+6.5 pts

Top 10

71.7%

+1.9 pts

HHI

651

Diversified+92

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	25.9%	$776,951,325	24
Financial Services	25.4%	$764,726,864	20
Energy	18.8%	$565,017,360	10
Technology	18.3%	$550,252,258	13
Healthcare	5.2%	$155,755,095	13
Basic Materials	3.9%	$115,775,178	10
Communication Services	1.3%	$40,323,391	3
Industrials	1.1%	$31,695,328	11
Consumer Defensive	0.1%	$3,918,743	3
Utilities	0.0%	$623,219	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NOK	Nokia Corp	+12,734,021	20,388,202	$163,921,144
CMCSA	Comcast Corp	+1,349,909	1,356,984	$38,959,010
XP	XP Inc.	+799,048	20,699,135	$394,111,530
TTE	TotalEnergies SE	+691,864	1,187,329	$108,023,192
FMC	Fmc Corp	+605,946	661,394	$11,389,204
ABEV	Ambev S.A.	+370,112	967,134	$2,824,031
LVS	Las Vegas Sands Corp	+343,203	3,748,681	$201,978,932
HDB	Hdfc Bank Ltd	+306,148	1,359,856	$33,833,217
SON	Sonoco Products Co	+298,756	347,853	$18,815,368
MHK	Mohawk Industries Inc	+93,669	353,433	$34,799,013
HAL	Halliburton Co	+85,937	890,033	$34,702,386
DOW	Dow Inc.	+74,413	729,463	$30,382,133
TROW	Price T Rowe Group Inc	+35,218	441,866	$39,829,801
ACLS	Axcelis Technologies Inc	+22,874	41,408	$3,854,256
WD	Walker & Dunlop, Inc.	+17,516	35,629	$1,581,215
PVH	Pvh Corp. /De/	+17,274	21,302	$1,486,027
ACHC	Acadia Healthcare Company, Inc.	+13,067	57,098	$1,335,522
BANC	Banc Of California, Inc.	+7,054	95,387	$1,676,903
HUM	Humana Inc	+7,013	230,077	$39,893,051
CNI	Canadian National Railway Co	+6,558	26,801	$2,754,338
LZB	La-Z-Boy Inc	+2,882	9,733	$312,818
NSP	Insperity, Inc.	+2,464	42,734	$1,155,527
AMWD	American Woodmark Corp	+2,292	9,644	$384,120
OLN	OLIN Corp	+1,502	61,315	$1,822,894
BCC	BOISE CASCADE Co	+1,473	25,212	$1,912,330
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BBD	Bank Bradesco	−37,510,354	75,139,939	$274,260,777
MLCO	Melco Resorts & Entertainment LTD	−8,344,481	14,508,114	$82,406,087
NTR	Nutrien Ltd.	−5,265,902	42,699	$3,222,066
PBR	Petrobras - Petroleo Brasileiro SA	−1,294,948	17,680,229	$366,864,751
TCOM	Trip.com Group Ltd	−1,082,568	2,861,617	$142,479,910
GLOB	Globant S.A.	−923,689	1,105,070	$50,954,777
MAN	ManpowerGroup Inc.	−548,085	64,118	$1,888,916
MGA	Magna International Inc	−421,770	3,771,359	$210,479,545
CNC	Centene Corp	−121,725	479,954	$15,713,693
PTEN	Patterson Uti Energy Inc	−103,783	3,908,308	$42,326,975
AA	Alcoa Corp	−91,213	598,004	$39,665,605
VALE	Vale S.A.	−80,637	101,727	$1,618,476
BBWI	Bath & Body Works, Inc.	−74,188	545,534	$10,185,119
ELV	Elevance Health, Inc.	−72,692	205,063	$60,032,193
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−46,366	621,655	$210,088,307
MRK	Merck & Co., Inc.	−45,951	251,458	$30,247,882
VSXY	Victoria's Secret & Co.	−38,489	12,341	$572,128
NXPI	NXP Semiconductors N.V.	−33,155	228,027	$44,889,395
LCII	Lci Industries	−32,524	227,477	$27,975,121
LYB	LyondellBasell Industries N.V.	−26,488	49,926	$4,022,038
KFY	Korn Ferry	−18,481	7,251	$456,450
UBS	UBS Group AG	−17,915	75,301	$2,942,010
AMN	Amn Healthcare Services Inc	−16,015	29,767	$545,926
IVZ	Invesco Ltd.	−14,471	50,321	$1,222,297
FAF	First American Financial Corp	−13,055	21,116	$1,273,083
No positions match the current search.

New Positions

Positions the filer opened this quarter

16 positions

Ticker	Company	Shares	Value
SQM	Chemical & Mining Co Of Chile Inc	263,115	$21,296,528
SWKS	Skyworks Solutions, Inc.	366,179	$19,608,885
OC	Owens Corning	161,642	$17,492,897
SLGN	Silgan Holdings Inc	307,806	$11,942,872
AZN	Astrazeneca PLC	11,643	$2,296,232
RNR	Renaissancere Holdings Ltd	7,614	$2,263,109
MSM	Msc Industrial Direct Co Inc	17,710	$1,634,101
ITGR	Integer Holdings Corp	13,739	$1,209,032
PSIX	Power Solutions International, Inc.	16,238	$988,569
LRN	Stride, Inc.	10,090	$889,635
UCTT	Ultra Clean Holdings, Inc.	6,694	$416,232
FIBK	First Interstate Bancsystem Inc	12,411	$414,527
FOXF	Fox Factory Holding Corp	20,324	$334,533
EPC	EDGEWELL PERSONAL CARE Co	9,610	$205,077
OXY	Occidental Petroleum Corp /De/	3,142	$204,230
JBI	Janus International Group, Inc.	34,577	$178,071
No positions match the current search.

Sold Out

Positions the filer fully exited

17 positions

Ticker	Company	Shares	Value
BAP	Credicorp Ltd	698,243	$200,395,741
LEA	Lear Corp	395,146	$45,283,731
EPAM	EPAM Systems, Inc.	193,598	$39,664,358
BIDU	Baidu, Inc.	302,873	$39,573,386
ALK	Alaska Air Group, Inc.	754,321	$37,942,346
BAX	Baxter International Inc	819,011	$15,651,300
CTSH	Cognizant Technology Solutions Corp	140,966	$11,700,178
ACN	Accenture plc	25,838	$6,932,335
GSL	Global Ship Lease, Inc.	53,602	$1,878,214
GGB	Gerdau S.A.	241,625	$891,596
KELYA	Kelly Services Inc	34,037	$299,525
HCC	Warrior Met Coal, Inc.	3,361	$296,339
TNET	Trinet Group, Inc.	4,978	$294,349
SKM	Sk Telecom Co Ltd	13,940	$286,188
CNXC	Concentrix Corp	6,798	$282,660
C	Citigroup Inc	1,832	$213,776
NWL	Newell Brands Inc.	30,700	$114,204
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

108 positions · $3,005,038,761 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials 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
XP	XP Inc. Financial Services	Added	20,699,135	+799,048	$394,111,530	+21.0%	13.12%
PBR	Petrobras - Petroleo Brasileiro SA Energy	Reduced	17,680,229	-1,294,948	$366,864,751	+63.2%	12.21%
BBD	Bank Bradesco Financial Services	Reduced	75,139,939	-37,510,354	$274,260,777	−26.9%	9.13%
MGA	Magna International Inc Consumer Cyclical	Reduced	3,771,359	-421,770	$210,479,545	−5.8%	7.00%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	621,655	-46,366	$210,088,307	+3.5%	6.99%
LVS	Las Vegas Sands Corp Consumer Cyclical	Added	3,748,681	+343,203	$201,978,932	−8.9%	6.72%
NOK	Nokia Corp Technology	Added	20,388,202	+12,734,021	$163,921,144	+231.0%	5.45%
TCOM	Trip.com Group Ltd Consumer Cyclical	Reduced	2,861,617	-1,082,568	$142,479,910	−49.8%	4.74%
TTE	TotalEnergies SE Energy	Added	1,187,329	+691,864	$108,023,192	+233.3%	3.59%
MLCO	Melco Resorts & Entertainment LTD Consumer Cyclical	Reduced	14,508,114	-8,344,481	$82,406,087	−52.4%	2.74%
ELV	Elevance Health, Inc. Healthcare	Reduced	205,063	-72,692	$60,032,193	−38.3%	2.00%
GLOB	Globant S.A. Technology	Reduced	1,105,070	-923,689	$50,954,777	−61.6%	1.70%
ARW	Arrow Electronics, Inc. Technology	Reduced	333,265	-10,402	$47,793,533	+26.2%	1.59%
NXPI	NXP Semiconductors N.V. Technology	Reduced	228,027	-33,155	$44,889,395	−20.8%	1.49%
PTEN	Patterson Uti Energy Inc Energy	Reduced	3,908,308	-103,783	$42,326,975	+72.7%	1.41%
HUM	Humana Inc Healthcare	Added	230,077	+7,013	$39,893,051	−30.2%	1.33%
TROW	Price T Rowe Group Inc Financial Services	Added	441,866	+35,218	$39,829,801	−4.3%	1.33%
AA	Alcoa Corp Basic Materials	Reduced	598,004	-91,213	$39,665,605	+8.3%	1.32%
CMCSA	Comcast Corp Communication Services	Added	1,356,984	+1,349,909	$38,959,010	+19557.2%	1.30%
MHK	Mohawk Industries Inc Consumer Cyclical	Added	353,433	+93,669	$34,799,013	+22.6%	1.16%
HAL	Halliburton Co Energy	Added	890,033	+85,937	$34,702,386	+52.7%	1.15%
HDB	Hdfc Bank Ltd Financial Services	Added	1,359,856	+306,148	$33,833,217	−12.1%	1.13%
DOW	Dow Inc. Basic Materials	Added	729,463	+74,413	$30,382,133	+98.4%	1.01%
MRK	Merck & Co., Inc. Healthcare	Reduced	251,458	-45,951	$30,247,882	−3.4%	1.01%
LCII	Lci Industries Consumer Cyclical	Reduced	227,477	-32,524	$27,975,121	−11.3%	0.93%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	172,660	-4,514	$21,661,923	−16.6%	0.72%
SQM	Chemical & Mining Co Of Chile Inc Basic Materials	NEW	263,115	NEW	$21,296,528	NEW	0.71%
SWKS	Skyworks Solutions, Inc. Technology	NEW	366,179	NEW	$19,608,885	NEW	0.65%
SON	Sonoco Products Co Consumer Cyclical	Added	347,853	+298,756	$18,815,368	+778.2%	0.63%
OC	Owens Corning Industrials	NEW	161,642	NEW	$17,492,897	NEW	0.58%
CNC	Centene Corp Healthcare	Reduced	479,954	-121,725	$15,713,693	−36.5%	0.52%
SLGN	Silgan Holdings Inc Consumer Cyclical	NEW	307,806	NEW	$11,942,872	NEW	0.40%
FMC	Fmc Corp Basic Materials	Added	661,394	+605,946	$11,389,204	+1380.9%	0.38%
BBWI	Bath & Body Works, Inc. Consumer Cyclical	Reduced	545,534	-74,188	$10,185,119	−18.2%	0.34%
CNQ	CANADIAN NATURAL RESOURCES Ltd Energy	Reduced	134,731	-11,080	$6,565,441	+33.0%	0.22%
RY	Royal Bank Of Canada Financial Services	Held	31,843	0	$5,151,560	−5.1%	0.17%
LYB	LyondellBasell Industries N.V. Basic Materials	Reduced	49,926	-26,488	$4,022,038	+21.6%	0.13%
ACLS	Axcelis Technologies Inc Technology	Added	41,408	+22,874	$3,854,256	+158.8%	0.13%
NTR	Nutrien Ltd. Basic Materials	Reduced	42,699	-5,265,902	$3,222,066	−99.0%	0.11%
UBS	UBS Group AG Financial Services	Reduced	75,301	-17,915	$2,942,010	−31.8%	0.10%
ABEV	Ambev S.A. Consumer Defensive	Added	967,134	+370,112	$2,824,031	+91.5%	0.09%
CNI	Canadian National Railway Co Industrials	Added	26,801	+6,558	$2,754,338	+37.6%	0.09%
AVT	Avnet Inc Technology	Held	44,407	0	$2,736,359	+28.2%	0.09%
ICHR	Ichor Holdings, Ltd. Technology	Held	58,390	0	$2,721,557	+152.9%	0.09%
CPRI	Capri Holdings Ltd Consumer Cyclical	Added	153,570	+99	$2,705,903	−27.7%	0.09%
CRC	California Resources Corp Energy	Held	37,541	0	$2,598,588	+54.8%	0.09%
ONTO	Onto Innovation Inc. Technology	Held	12,291	0	$2,520,515	+29.9%	0.08%
AZN	Astrazeneca PLC Healthcare	NEW	11,643	NEW	$2,296,232	NEW	0.08%
WCC	Wesco International Inc Industrials	Reduced	8,319	-4,449	$2,276,244	−27.1%	0.08%
COLB	Columbia Banking System, Inc. Financial Services	Reduced	82,790	-7,257	$2,270,929	−9.8%	0.08%