RWC Asset Management LLP
Net buyer this quarter
$2.64B
102
+$127M
44.6%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 M | $211M | 7.98% | 3.40% | -20.7% | Q1 2025 |
 SJM | $175M | 6.63% | 1.46% | New | Q2 2026 |
 KHC | $165M | 6.26% | 0.59% | +44.4% | Q1 2026 |
 CMCSA | $163M | 6.18% | 0.16% | +9.7% | Q1 2026 |
 HPQ | $142M | 5.38% | 0.71% | +3.9% | Q4 2015 |
 EXC | $74.3M | 2.81% | 0.16% | -2.8% | Q4 2020 |
 BAX | $71M | 2.69% | 0.64% | +8.2% | Q1 2026 |
 JNJ | $66.6M | 2.52% | 0.01% | +1.9% | Q2 2013 |
 OMC | $57.9M | 2.19% | 0.28% | +10.0% | Q2 2020 |
 VIST | $51.4M | 1.95% | 0.84% | +34.2% | Q3 2023 |
 SQM | $47.6M | 1.80% | 0.24% | -32.7% | Q1 2019 |
 SYY | $43.5M | 1.65% | 0.11% | +2.0% | Q1 2024 |
 GGAL | $42.7M | 1.62% | Not reported | +14.1% | Q2 2018 |
 PBR | $42.5M | 1.61% | 0.04% | +0.1% | Q4 2015 |
 KDP | $40.9M | 1.55% | 0.09% | +1.9% | Q4 2023 |
 GFI | $38M | 1.44% | 0.13% | -15.1% | Q3 2020 |
 ABEV | $33.1M | 1.25% | 0.07% | +2.0% | Q4 2020 |
 CMS | $33.1M | 1.25% | 0.14% | +2.0% | Q4 2020 |
 PAYX | $32.4M | 1.23% | 0.09% | +1.9% | Q4 2020 |
 AMT | $32.4M | 1.23% | 0.04% | +2.0% | Q1 2014 |
 PM | $32.2M | 1.22% | 0.01% | +2.0% | Q1 2014 |
 YPF | $30M | 1.14% | 0.17% | +755.6% | Q1 2016 |
 NEE | $30M | 1.14% | 0.02% | -6.5% | Q3 2024 |
 D | $28.7M | 1.09% | 0.05% | -5.1% | Q3 2024 |
 MRK | $26.9M | 1.02% | 0.01% | +2.0% | Q2 2013 |
 WMB | $26.2M | 0.99% | 0.03% | +9.7% | Q1 2021 |
 BRX | $26.1M | 0.99% | 0.27% | +1.9% | Q4 2020 |
 PCG | $23.6M | 0.89% | 0.06% | +56.4% | Q4 2025 |
 TEL | $23.5M | 0.89% | 0.04% | +43.0% | Q2 2014 |
 PEG | $23.2M | 0.88% | 0.06% | +2.7% | Q3 2024 |
 PEP | $23.1M | 0.88% | 0.01% | +1.9% | Q4 2020 |
 VALE | $22.6M | 0.85% | 0.05% | -31.3% | Q4 2020 |
 LOMA | $22.5M | 0.85% | 0.34% | Not reported | Q2 2023 |
 FRT | $21.6M | 0.82% | 0.20% | +1.9% | Q2 2021 |
 EMBJ | $21.5M | 0.81% | 0.05% | +1.2% | Q1 2017 |
 CEG | $20M | 0.76% | 0.02% | -26.1% | Q1 2022 |
 TSM | $19.3M | 0.73% | 0.00% | +22.6% | Q2 2014 |
 MELI | $18.7M | 0.71% | 0.02% | +1.5% | Q1 2016 |
 OC | $18.3M | 0.69% | 0.15% | +32.5% | Q1 2026 |
 CWEN | $17.2M | 0.65% | 0.24% | +5.0% | Q3 2024 |
 DAL | $17M | 0.65% | 0.03% | -20.3% | Q2 2013 |
 TEO | $16.7M | 0.63% | Not reported | 0.0% | Q2 2018 |
 VSNT | $16.5M | 0.62% | Not reported | +10.0% | Q1 2026 |
 TLN | $16.1M | 0.61% | 0.09% | +64.6% | Q1 2025 |
 HUBB | $15.9M | 0.60% | 0.06% | -5.7% | Q3 2014 |
 LEA | $15.8M | 0.60% | 0.24% | -81.5% | Q4 2023 |
 SYF | $15.3M | 0.58% | 0.06% | +10.1% | Q4 2015 |
 FRVO | $15M | 0.57% | Not reported | New | Q2 2026 |
 DVN | $14M | 0.53% | 0.05% | -12.5% | Q1 2014 |
 AQN | $13.6M | 0.51% | 0.30% | +3.9% | Q2 2025 |
| Q1 2026 | |||||
| M | $204M | 8.50% | 4.27% | +2.8% | Q1 2025 |
| CMCSA | $174M | 7.25% | 0.15% | New | Q1 2026 |
| HPQ | $120M | 4.99% | 0.68% | +3.6% | Q4 2015 |
| KHC | $109M | 4.54% | 0.41% | New | Q1 2026 |
| EXC | $80.3M | 3.35% | 0.16% | -9.2% | Q4 2020 |
| SQM | $77.4M | 3.23% | 0.36% | +13.0% | Q1 2019 |
| LEA | $77.2M | 3.22% | 1.26% | +8.1% | Q4 2023 |
| JNJ | $62.9M | 2.62% | 0.01% | -3.5% | Q2 2013 |
| GFI | $60.5M | 2.52% | 0.15% | -0.3% | Q3 2020 |
| PBR | $54.5M | 2.27% | 0.04% | +431.1% | Q4 2015 |
| OMC | $54.4M | 2.27% | 0.23% | +29.7% | Q2 2020 |
| BAX | $51.7M | 2.16% | 0.60% | New | Q1 2026 |
 TAP | $50.9M | 2.12% | Not reported | +7.1% | Q2 2014 |
| VIST | $45.3M | 1.89% | 0.63% | -19.6% | Q3 2023 |
| SYY | $36.4M | 1.52% | 0.11% | -3.5% | Q1 2024 |
| GGAL | $34.9M | 1.46% | Not reported | -8.4% | Q2 2018 |
| VALE | $34.8M | 1.45% | 0.07% | -12.6% | Q4 2020 |
| NEE | $33.9M | 1.41% | 0.02% | -1.8% | Q3 2024 |
| AMT | $33.5M | 1.40% | 0.04% | -3.5% | Q1 2014 |
| CMS | $32.9M | 1.37% | 0.14% | -3.5% | Q4 2020 |
| KDP | $32.3M | 1.34% | 0.09% | -3.5% | Q4 2023 |
| CEG | $30.5M | 1.27% | 0.03% | +20.7% | Q1 2022 |
| ABEV | $30.2M | 1.26% | 0.07% | -3.5% | Q4 2020 |
| PAYX | $29.8M | 1.24% | 0.09% | -3.5% | Q4 2020 |
| PM | $28.8M | 1.20% | 0.01% | -3.5% | Q1 2014 |
| D | $27.3M | 1.14% | 0.05% | +1.4% | Q3 2024 |
| PEP | $26M | 1.09% | 0.01% | -3.5% | Q4 2020 |
| MRK | $24.7M | 1.03% | 0.01% | -3.5% | Q2 2013 |
| WMB | $23.4M | 0.97% | 0.03% | Not reported | Q1 2021 |
| BRX | $23.4M | 0.97% | 0.26% | -3.5% | Q4 2020 |
| PEG | $22.5M | 0.94% | 0.06% | +2.3% | Q3 2024 |
| LOMA | $21.8M | 0.91% | 0.34% | Not reported | Q2 2023 |
| EMBJ | $19.7M | 0.82% | 0.05% | +1.6% | Q1 2017 |
| DVN | $19.5M | 0.81% | 0.06% | +95.7% | Q1 2014 |
| CWEN | $18.8M | 0.78% | 0.23% | -9.0% | Q3 2024 |
| MELI | $18.7M | 0.78% | 0.02% | +8.2% | Q1 2016 |
| FRT | $18.3M | 0.76% | 0.20% | -3.5% | Q2 2021 |
| TEL | $17M | 0.71% | 0.03% | +17.7% | Q2 2014 |
| HUBB | $15.8M | 0.66% | 0.06% | -3.2% | Q3 2014 |
| PCG | $15.8M | 0.66% | 0.04% | Not reported | Q4 2025 |
 EPAM | $15.7M | 0.66% | 0.22% | +49.7% | Q2 2015 |
| VSNT | $15.4M | 0.64% | Not reported | New | Q1 2026 |
 CHRD | $15.2M | 0.63% | 0.19% | New | Q1 2026 |
| DAL | $15.2M | 0.63% | 0.03% | +60.7% | Q2 2013 |
| TEO | $15M | 0.63% | Not reported | +27.1% | Q2 2018 |
| AQN | $13.7M | 0.57% | 0.29% | -4.3% | Q2 2025 |
| SYF | $12.5M | 0.52% | 0.05% | +60.7% | Q4 2015 |
 BZ | $11.5M | 0.48% | 0.86% | +87.8% | Q2 2022 |
 ORA | $11.1M | 0.46% | 0.16% | +1.6% | Q3 2024 |
| TSM | $11.1M | 0.46% | 0.00% | Not reported | Q2 2014 |
| Q4 2025 | |||||
| M | $242M | 11.88% | 4.12% | +0.6% | Q1 2025 |
| HPQ | $134M | 6.58% | 0.65% | +2.4% | Q4 2015 |
| EXC | $78.6M | 3.86% | 0.18% | -8.3% | Q4 2020 |
| LEA | $67.6M | 3.32% | 1.14% | +3.5% | Q4 2023 |
| GFI | $58.3M | 2.87% | 0.15% | +16.0% | Q3 2020 |
| SQM | $58.2M | 2.86% | 0.32% | -24.0% | Q1 2019 |
| JNJ | $55.1M | 2.71% | 0.01% | -3.3% | Q2 2013 |
| TAP | $51.6M | 2.53% | Not reported | +2.7% | Q2 2014 |
| OMC | $45M | 2.21% | 0.18% | +48.0% | Q2 2020 |
| GGAL | $44M | 2.16% | Not reported | -1.2% | Q2 2018 |
| SYY | $38.9M | 1.91% | 0.11% | -3.1% | Q1 2024 |
| PAYX | $37.6M | 1.85% | 0.09% | +86.2% | Q4 2020 |
| VIST | $36.3M | 1.78% | 0.78% | +87.0% | Q3 2023 |
| KDP | $35.6M | 1.75% | 0.09% | -3.2% | Q4 2023 |
| AMT | $35.3M | 1.73% | 0.04% | -3.1% | Q1 2014 |
| VALE | $32.6M | 1.60% | 0.08% | +28.2% | Q4 2020 |
| CEG | $32M | 1.57% | 0.03% | -28.9% | Q1 2022 |
| CMS | $30.8M | 1.51% | 0.14% | -2.4% | Q4 2020 |
| NEE | $29.9M | 1.47% | 0.02% | -22.7% | Q3 2024 |
| PM | $29M | 1.42% | 0.01% | +54.8% | Q1 2014 |
| ABEV | $26.5M | 1.30% | 0.07% | -2.3% | Q4 2020 |
| D | $25.6M | 1.26% | 0.05% | -22.6% | Q3 2024 |
| LOMA | $25.5M | 1.25% | 0.34% | +36.8% | Q2 2023 |
 BSAC | $25.1M | 1.23% | 0.00% | -5.2% | Q4 2021 |
| PEP | $24.9M | 1.23% | 0.01% | -3.4% | Q4 2020 |
| MRK | $22.4M | 1.10% | 0.01% | -3.2% | Q2 2013 |
| BRX | $22M | 1.08% | 0.27% | -3.6% | Q4 2020 |
| PEG | $21.9M | 1.07% | 0.05% | -6.1% | Q3 2024 |
| EMBJ | $21.1M | 1.04% | 0.05% | +57.1% | Q1 2017 |
 BABA | $20.6M | 1.01% | 0.00% | -5.9% | Q3 2014 |
| MELI | $20.2M | 0.99% | 0.02% | -4.2% | Q1 2016 |
| FRT | $18M | 0.88% | 0.21% | -3.7% | Q2 2021 |
| CWEN | $17.5M | 0.86% | 0.26% | -29.4% | Q3 2024 |
| EPAM | $15.9M | 0.78% | 0.14% | Not reported | Q2 2015 |
| TEL | $15.7M | 0.77% | 0.02% | +4.4% | Q2 2014 |
| HUBB | $14.8M | 0.73% | 0.06% | +8.1% | Q3 2014 |
| PCG | $14.4M | 0.71% | 0.04% | New | Q4 2025 |
| AQN | $14.3M | 0.70% | 0.30% | -23.5% | Q2 2025 |
 SUPV | $13.9M | 0.68% | Not reported | +58.3% | Q3 2017 |
| TEO | $11.7M | 0.58% | Not reported | +50.7% | Q2 2018 |
 FSLR | $10.8M | 0.53% | 0.04% | -36.7% | Q4 2024 |
| ORA | $10.8M | 0.53% | 0.16% | -28.1% | Q3 2024 |
 TECK | $10.2M | 0.50% | Not reported | -37.6% | Q4 2024 |
 XEL | $10M | 0.49% | 0.02% | -31.3% | Q4 2024 |
| DAL | $9.86M | 0.48% | 0.02% | +12.6% | Q2 2013 |
 AVA | $9.62M | 0.47% | 0.30% | -41.4% | Q3 2024 |
 SO | $9.59M | 0.47% | 0.01% | -8.0% | Q4 2014 |
| SYF | $9.5M | 0.47% | 0.03% | +14.3% | Q4 2015 |
 VST | $9.3M | 0.46% | 0.02% | -41.4% | Q4 2024 |
| BZ | $9.29M | 0.46% | 0.46% | -35.8% | Q2 2022 |
| Q3 2025 | |||||
| M | $195M | 9.45% | 4.06% | +2.4% | Q1 2025 |
| HPQ | $160M | 7.73% | 0.63% | +2.0% | Q4 2015 |
| EXC | $88.5M | 4.28% | 0.19% | +6.1% | Q4 2020 |
| LEA | $57.4M | 2.77% | 1.07% | +3.8% | Q4 2023 |
 CSCO | $52.1M | 2.52% | 0.02% | -6.9% | Q2 2013 |
| JNJ | $51.1M | 2.47% | 0.01% | -7.0% | Q2 2013 |
| TAP | $48.7M | 2.35% | Not reported | +2.7% | Q2 2014 |
| GFI | $48.3M | 2.34% | 0.13% | -12.2% | Q3 2020 |
| SQM | $47.9M | 2.32% | 0.42% | +369.9% | Q1 2019 |
| SYY | $44.9M | 2.17% | 0.11% | -7.1% | Q1 2024 |
| CEG | $41.9M | 2.03% | 0.04% | -22.4% | Q1 2022 |
| AMT | $39.9M | 1.93% | 0.04% | -7.0% | Q1 2014 |
| NEE | $36.4M | 1.76% | 0.02% | +27.1% | Q3 2024 |
| D | $34.5M | 1.67% | 0.07% | +14.9% | Q3 2024 |
| KDP | $33.5M | 1.62% | 0.10% | -7.0% | Q4 2023 |
| CMS | $33M | 1.60% | 0.15% | -7.3% | Q4 2020 |
| OMC | $30.7M | 1.49% | 0.19% | -7.0% | Q2 2020 |
| BABA | $26.7M | 1.29% | 0.00% | +2.5% | Q3 2014 |
| PEP | $25.2M | 1.22% | 0.01% | -6.9% | Q4 2020 |
| ABEV | $24.5M | 1.18% | 0.07% | -7.3% | Q4 2020 |
| MELI | $24.5M | 1.18% | 0.02% | -11.5% | Q1 2016 |
| PEG | $24.2M | 1.17% | 0.06% | +16.3% | Q3 2024 |
| BRX | $24.1M | 1.17% | 0.28% | -6.8% | Q4 2020 |
| PAYX | $22.8M | 1.10% | 0.05% | -6.9% | Q4 2020 |
| GGAL | $22.8M | 1.10% | Not reported | +240.3% | Q2 2018 |
| BSAC | $22.5M | 1.09% | 0.00% | +0.1% | Q4 2021 |
| VALE | $21.2M | 1.02% | 0.06% | Not reported | Q4 2020 |
| CWEN | $21.1M | 1.02% | 0.37% | +12.3% | Q3 2024 |
 NIO | $20.8M | 1.01% | 0.12% | +8488.0% | Q3 2020 |
| VST | $19.3M | 0.93% | 0.03% | -31.2% | Q4 2024 |
| PM | $18.9M | 0.92% | 0.01% | -7.3% | Q1 2014 |
| FRT | $18.7M | 0.91% | 0.21% | -6.8% | Q2 2021 |
| MRK | $18.4M | 0.89% | 0.01% | -7.0% | Q2 2013 |
| BZ | $16.6M | 0.80% | 0.71% | Not reported | Q2 2022 |
| AQN | $16.4M | 0.79% | 0.40% | +34.0% | Q2 2025 |
| AVA | $16.1M | 0.78% | 0.52% | +13.6% | Q3 2024 |
| XEL | $15.9M | 0.77% | 0.03% | +48.1% | Q4 2024 |
| TECK | $15M | 0.73% | Not reported | +14.6% | Q4 2024 |
| TEL | $14.6M | 0.70% | 0.02% | -8.0% | Q2 2014 |
| FSLR | $14.4M | 0.70% | 0.06% | -0.1% | Q4 2024 |
| VIST | $13.7M | 0.66% | 0.42% | +40.7% | Q3 2023 |
| HUBB | $13.2M | 0.64% | 0.06% | +6.6% | Q3 2014 |
| ORA | $13.1M | 0.63% | 0.22% | +8.9% | Q3 2024 |
| EMBJ | $12.6M | 0.61% | 0.03% | +93.0% | Q1 2017 |
 AEP | $11.7M | 0.57% | 0.02% | -0.3% | Q4 2024 |
| PBR | $11.7M | 0.57% | 0.01% | -52.8% | Q4 2015 |
| SO | $11.3M | 0.55% | 0.01% | -0.4% | Q4 2014 |
 LAUR | $10.8M | 0.52% | 0.23% | -0.3% | Q1 2025 |
| LOMA | $10.6M | 0.51% | 0.25% | +21.8% | Q2 2023 |
 DTE | $10.4M | 0.50% | 0.04% | -0.4% | Q4 2024 |