RWC ASSET ADVISORS (US) LLC

CIK

1638081

Location

MIAMI, FL

Portfolio Value

Small $464,378,762

Diversification

Diversified

Filing Date

Global Rank

#2,712 / 8,603 ▼ 144 · as of Mar 2026

Top Industry

Specialty Chemicals 18.3%

3Y Alpha vs SPY

-9.6%

Period ended 3 months ago

Filed Apr 27, 2026 · 2mo

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

+38.4%

SPY

+76.5%

Annualised alpha

-9.4%

Max drawdown

−23.2%

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

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

Top Position

18.3%

−0.8 pts

Top 5

74.6%

−2.5 pts

Top 10

98.6%

−0.4 pts

HHI

1,319

Diversified−50

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Basic Materials	45.9%	$213,082,695	5
Energy	17.8%	$82,491,251	1
Industrials	12.4%	$57,460,047	3
Communication Services	8.4%	$38,912,263	1
Technology	6.3%	$29,044,774	1
Consumer Cyclical	5.9%	$27,507,921	2
Financial Services	3.4%	$15,879,811	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
BZ	Kanzhun Ltd	+1,396,918	2,906,069	$38,912,263
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
VALE	Vale S.A.	−1,698,861	4,824,901	$76,764,174
GFI	Gold Fields Ltd	−666,486	1,064,393	$48,323,442
SQM	Chemical & Mining Co Of Chile Inc	−413,350	1,049,444	$84,941,997
EMBJ	Embraer S.A.	−327,647	911,414	$54,083,306
BABA	Alibaba Group Holding Ltd	−247,160	203,190	$25,492,217
GGAL	Grupo Financiero Galicia SA	−224,532	339,966	$15,879,811
PDD	PDD Holdings Inc.	−4,313	19,727	$2,015,704
SCCO	Southern Copper Corp/	−821	8,527	$1,452,629
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
PBR	Petrobras - Petroleo Brasileiro SA	3,975,482	$82,491,251
TSM	Taiwan Semiconductor Manufacturing Co Ltd	85,944	$29,044,774
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
MELI	Mercadolibre Inc	24,608	$49,566,910
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

14 positions · $464,378,762 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SQM	Chemical & Mining Co Of Chile Inc Basic Materials	Reduced	1,049,444	-413,350	$84,941,997	−15.6%	18.29%
PBR	Petrobras - Petroleo Brasileiro SA Energy	NEW	3,975,482	NEW	$82,491,251	NEW	17.76%
VALE	Vale S.A. Basic Materials	Reduced	4,824,901	-1,698,861	$76,764,174	−9.7%	16.53%
EMBJ	Embraer S.A. Industrials	Reduced	911,414	-327,647	$54,083,306	−32.2%	11.65%
GFI	Gold Fields Ltd Basic Materials	Reduced	1,064,393	-666,486	$48,323,442	−36.1%	10.41%
BZ	Kanzhun Ltd Communication Services	Added	2,906,069	+1,396,918	$38,912,263	+26.5%	8.38%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	NEW	85,944	NEW	$29,044,774	NEW	6.25%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	203,190	-247,160	$25,492,217	−61.4%	5.49%
GGAL	Grupo Financiero Galicia SA Financial Services	Reduced	339,966	-224,532	$15,879,811	−47.8%	3.42%
CAAP	Corporacion America Airports S.A. Industrials	Held	82,327	0	$2,082,049	−2.7%	0.45%
PDD	PDD Holdings Inc. Consumer Cyclical	Reduced	19,727	-4,313	$2,015,704	−26.1%	0.43%
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima Basic Materials	Held	144,315	0	$1,600,453	−14.4%	0.34%
SCCO	Southern Copper Corp/ Basic Materials	Reduced	8,527	-821	$1,452,629	+10.3%	0.31%
AERO	Grupo Aeromexico, S.A.B. de C.V. Industrials	Held	92,412	0	$1,294,692	−36.2%	0.28%