RA

RWC Asset Management LLP

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$2.4B

Reporting period: 2026-03-31 · Number of holdings: 163

RWC Asset Management LLP disclosed 163 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $2.4B and a quarterly turnover rate of 38.4%.

Personality snowflake

Concentration
11.14
Portfolio Stability
38.36
Momentum/Contrarian
100
Sector conviction
62.62
Diversification
100
Sizing Uniformity
81.12

Recent moves

  • Trim M

    +2.8%　-$37.8M

  • Add PBR

    +431.1%　$48.7M

  • Trim HPQ

    +3.6%　-$14.3M

  • Trim GGAL

    -8.4%　-$9.1M

  • Trim PAYX

    -3.4%　-$7.8M

  • Trim BABA

    -42.5%　-$10.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1MMacy's INCStock-Consumer Disc8.50%-3.38%+2.82%
2CMCSAComcast Corp-class AStock-Comm Services7.25%+7.25%NEW
3HPQHp INCStock-Tech4.99%-1.59%+3.62%
4KHCKraft Heinz Co/theStock-Consumer Staples4.54%+4.54%NEW
5EXCExelon CORPStock-Utilities3.35%—-9.20%
6SQMQuimica Y Minera Chil-sp AdrStock-Other3.23%+0.37%+13.00%
7LEALear CORPStock-Consumer Disc3.22%-0.10%+8.11%
8JNJJohnson & JohnsonStock-Healthcare2.62%-0.09%-3.47%
9GFIGold Fields Ltd-spons AdrStock-Materials2.52%—-0.27%
10PBRPetroleo Brasileiro-spon AdrStock-Energy2.27%+1.98%+431.13%
11OMCOmnicom GroupStock-Comm Services2.27%+0.06%+29.68%
12BAXBaxter International INCStock-Healthcare2.16%+2.15%NEW
13TAPMolson Coors Beverage Co - BStock-Consumer Staples2.12%—+7.06%
14VISTVista Energy Sab De CvStock-Other1.89%+0.11%-19.55%
15SYYSysco CORPStock-Consumer Staples1.52%-0.39%-3.49%
16GGALGrupo Financiero Galicia-adrStock-Other1.46%-0.70%-8.37%
17VALEVale Sa-sp AdrStock-Materials1.45%—-12.62%
18NEENextera Energy INCStock-Utilities1.41%-0.06%-1.84%
19AMTAmerican Tower CORPStock-Real Estate1.40%—-3.45%
20CMSCms Energy CORPStock-Utilities1.37%—-3.52%
21KDPKeurig Dr Pepper INCStock-Consumer Staples1.34%-0.41%-3.47%
22CEGConstellation EnergyStock-Utilities1.27%—+20.72%
23ABEVAmbev Sa-adrStock-Consumer Staples1.26%-0.04%-3.52%
24PAYXPaychex INCStock-Tech1.24%-0.61%-3.45%
25PMPhilip Morris InternationalStock-Consumer Staples1.20%—-3.51%
26DDominion Energy INCStock-Utilities1.14%—+1.37%
27PEPPepsico INCStock-Consumer Staples1.09%—-3.46%
28MRKMerck & Co. INC.Stock-Healthcare1.03%—-3.45%
29WMBWilliams Cos INCStock-Energy0.97%+0.97%NEW
30BRXBrixmor Property Group INCStock-Real Estate0.97%—-3.45%
31PEGPublic Service Enterprise GpStock-Utilities0.94%—+2.25%
32LOMALoma Negra Cia Ind-spon AdrStock-Other0.91%-0.34%—
33EMBJEmbraer Sa-spon AdrStock-Industrials0.82%—+1.55%
34AKAM 1.125 02-15-29Akamai Technologies INCStock-Tech0.82%—-5.81%
35DVNDevon Energy CORPStock-Energy0.81%+0.45%+95.67%
36CWENClearway Energy Inc-cStock-Utilities0.78%—-8.98%
37MELIMercadolibre INCStock-Consumer Disc0.78%—+8.16%
38FRTFederal Realty Invs TrustStock-Real Estate0.76%—-3.45%
39TELTE Connectivity plcStock-Tech0.71%—+17.68%
40HUBBHubbell INCStock-Industrials0.66%—-3.24%
41PCGP G & E CORPStock-Utilities0.66%——
42EPAMEpam Systems INCStock-Tech0.66%—+49.74%
43VSNTVersant Media Group INCStock-Comm Services0.64%+0.64%NEW
44CHRDChord Energy CORPStock-Energy0.63%+0.63%NEW
45DALDelta Air Lines INCStock-Industrials0.63%+0.15%+60.74%
46TEOTelecom Argentina Sa-sp AdrStock-Other0.63%+0.05%+27.13%
47AQNAlgonquin Power & UtilitiesStock-Other0.57%—-4.27%
48SYFSynchrony FinancialStock-Financials0.52%+0.05%+60.74%
49BZKanzhun LTD - AdrStock-Other0.48%—+87.75%
50ORAOrmat Technologies INCStock-Utilities0.46%—+1.56%
1–50 of 163

Holding changes this quarter

RWC Asset Management LLP's most significant position changes for 2026-03-31: New buy: Comcast Corp-class A (CMCSA); New buy: Kraft Heinz Co/the (KHC); New buy: Baxter International INC (BAX); Sold out: Banco Santander-chile-adr (BSAC); New buy: Williams Cos INC (WMB).

Position changes disclosed by RWC Asset Management LLP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1PBRPetroleo Brasileiro-spon Adr+2%+431.13%Add
2DVNDevon Energy CORP+0.5%+95.67%Add
3SQMQuimica Y Minera Chil-sp Adr+0.4%+13.00%Add
4UBER 0.875 12-01-28 2028Uber Technologies INC+0.3%+241.54%Add
5MSTR 0.625 09-15-28Strategy INC+0.2%+224.00%Add
6DALDelta Air Lines INC+0.2%+60.74%Add
7VISTVista Energy Sab De Cv+0.1%-19.55%Trim
8OMCOmnicom Group+0.1%+29.68%Add
9TEOTelecom Argentina Sa-sp Adr+0.1%+27.13%Add
10SYFSynchrony Financial+0.1%+60.74%Add
11ABEVAmbev Sa-adr0%-3.52%Trim
12NEENextera Energy INC-0.1%-1.84%Trim
13JNJJohnson & Johnson-0.1%-3.47%Trim
14LEALear CORP-0.1%+8.11%Add
15PNW 4.75 06-15-27Pinnacle West Capital-0.1%-49.18%Trim
16TCOM 0.75 06-15-29Trip.com Group LTD-0.2%-29.78%Trim
17SUPVGrupo Supervielle Sa-sp Adr-0.2%-5.67%Trim
18SO 4.5 06-15-27Southern Co-0.3%-38.85%Trim
19LOMALoma Negra Cia Ind-spon Adr-0.3%—Unchanged
20SYYSysco CORP-0.4%-3.49%Trim
21KDPKeurig Dr Pepper INC-0.4%-3.47%Trim
22BABAAlibaba Group Holding-sp Adr-0.6%-42.46%Trim
23PAYXPaychex INC-0.6%-3.45%Trim
24GGALGrupo Financiero Galicia-adr-0.7%-8.37%Trim
25HPQHp INC-1.6%+3.62%Add
26MMacy's INC-3.4%+2.82%Add
27CMCSAComcast Corp-class A—NEWNew buy
28KHCKraft Heinz Co/the—NEWNew buy
29BAXBaxter International INC—NEWNew buy
30BSACBanco Santander-chile-adr—EXITSold out
31WMBWilliams Cos INC—NEWNew buy
32VSNTVersant Media Group INC—NEWNew buy
33CHRDChord Energy CORP—NEWNew buy
34TSMTaiwan Semiconductor-sp Adr—NEWNew buy
35FSLRFirst Solar INC—EXITSold out
36DUK 4.125 04-15-26Duke Energy CORP—EXITSold out
37EXPE 0 02-15-26Expedia Group INC—EXITSold out
38OCOwens Corning—NEWNew buy
39DINOHf Sinclair CORP—EXITSold out
40F 0 03-15-26Ford Motor Company—EXITSold out
41LNT 3.875 03-15-26Alliant Energy CORP—EXITSold out
42ITRI 0 03-15-26Itron INC—EXITSold out
43HSLVHighlander Silver CORP—NEWNew buy
44MKSI 1.25 06-01-30Mks INC—EXITSold out
45MARA 0 03-01-30Mara Holdings INC—EXITSold out
46FOUR 0.5 08-01-27Shift4 Payments INC—EXITSold out
47ALRM 2.25 06-01-29Alarm.com Hldgs INC—EXITSold out
48DBX 0 03-01-28Dropbox INC—EXITSold out
49TYL 0.25 03-15-26Tyler Technologies INC—EXITSold out
50UPST 1 11-15-30Upstart Holdings INC—EXITSold out

FAQ

What is RWC Asset Management LLP and what type of investor is it?
RWC Asset Management LLP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $2.4B, spread across 163 disclosed positions.
What are RWC Asset Management LLP's largest equity positions?
Based on the latest 13F filing, RWC Asset Management LLP's top holdings by market value are: 1. Macy's INC (M) — $204.0M (8.5%) 2. Comcast Corp-class A (CMCSA) — $173.9M (7.3%) 3. Hp INC (HPQ) — $119.6M (5.0%) 4. Kraft Heinz Co/the (KHC) — $109.0M (4.5%) 5. Exelon CORP (EXC) — $80.3M (3.4%)
What changes did RWC Asset Management LLP make in its most recent portfolio filing?
In the latest reported quarter, RWC Asset Management LLP made 49 notable position adjustments: 9 new positions were initiated, 12 existing holdings were added to, 13 positions were partially reduced, and 15 were completely exited. The largest of these moves: New buy: Comcast Corp-class A (CMCSA); New buy: Kraft Heinz Co/the (KHC); New buy: Baxter International INC (BAX); Sold out: Banco Santander-chile-adr (BSAC); New buy: Williams Cos INC (WMB)
What sectors does RWC Asset Management LLP focus on?
RWC Asset Management LLP is concentrated in the following sectors based on its current disclosed equity portfolio: • Communication Services: 27.2% • Consumer Staples: 25.4% • Information Technology: 20.3% • Health Care: 14.0% • Utilities: 8.5% • Consumer Discretionary: 4.5%