ARGA Investment Management, LP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, ARGA Investment Management, LP maintained a portfolio of 121 distinct positions. The most significant new addition to the portfolio was NOKIA CORP-SPON ADR, which now represents 1.35% of the total fund value. They heavily accumulated shares in XP INC - CLASS A, increasing their position by 119.2%. The fund also reduced its exposure to UBS GROUP AG-REG by 94.5%.
PCA Score Concentration Risk
Risk ENB
Total Positions
121
Quarter
2025 Q4
Top Holding
BBD (10.2%)
Top 10 Concentration
69.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 121
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
BBD
BANCO BRADESCO-...
Financial Services 10.23% 10.26% #1
Prev: #1
6.5 -1,849,254 -1.6%
P
S
112,650,293 $375,125,476 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NTR
NUTRIEN LTD
Basic Materials 8.93% 9.27% #2
Prev: #2
5.6 -645,009 -10.8%
P
S
5,308,601 $327,638,997 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XP
XP INC - CLASS ...
Financial Services 8.88% 4.52% #3 7
Prev: #10
7.6 10,820,050 119.2%
P
S
19,900,087 $325,764,424 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TCOM
TRIP.COM GROUP ...
Consumer Cyclical 7.73% 9.23% #4 1
Prev: #3
4.1 -685,910 -14.8%
P
S
3,944,185 $283,626,343 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PBR
PETROLEO BRASIL...
Energy 6.13% 6.31% #5 1
Prev: #4
3.5 166,472 0.9%
P
S
18,975,177 $224,855,847 2012 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MGA
MAGNA INTERNATI...
Consumer Cyclical 6.09% 5.21% #6 1
Prev: #7
2.9 44,996 1.1%
P
S
4,193,129 $223,511,995 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LVS
LAS VEGAS SANDS...
Consumer Cyclical 6.04% 6.29% #7 2
Prev: #5
2.4 -1,004,771 -22.8%
P
S
3,405,478 $221,662,563 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
TAIWAN SEMICOND...
Technology 5.54% 4.95% #8
Prev: #8
2.7 -31 -0.0%
P
S
668,021 $203,004,902 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BAP
CREDICORP LTD
Financial Services 5.46% 4.93% #9
Prev: #9
2.7 -24 -0.0%
P
S
698,243 $200,395,741 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MLCO
MELCO RESORTS &...
Consumer Cyclical 4.72% 6.13% #10 4
Prev: #6
2.4 -2,342,190 -9.3%
P
S
22,852,595 $172,994,144 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GLOB
GLOBANT SA
Technology 3.62% 3.13% #11
Prev: #11
1.9 -28,835 -1.4%
P
S
2,028,759 $132,619,976 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ELV
ELEVANCE HEALTH...
Healthcare 2.65% 2.27% #12
Prev: #12
1.6 12,285 4.6%
P
S
277,755 $97,367,015 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HUM
HUMANA INC
Healthcare 1.56% 1.53% #13 4
Prev: #17
1.1 1,147 0.5%
P
S
223,064 $57,133,382 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NXPI
NXP SEMICONDUCT...
Technology 1.55% 1.19% #14 6
Prev: #20
3.1 64,562 32.8%
P
S
261,182 $56,692,165 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NOK
NOKIA CORP-SPON...
Technology 1.35% #15
Prev: #—
4.0 7,654,181 no change
NEW
7,654,181 $49,522,551 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LEA
LEAR CORP
Consumer Cyclical 1.23% 1.33% #16 3
Prev: #19
0.5 -103,776 -20.8%
P
S
395,146 $45,283,732 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TROW
T ROWE PRICE GR...
Financial Services 1.14% 1.55% #17 1
Prev: #16
0.5 -161,919 -28.5%
P
S
406,648 $41,632,622 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
EPAM
EPAM SYSTEMS IN...
Technology 1.08% 0.79% #18 9
Prev: #27
0.9 -3,064 -1.6%
P
S
193,598 $39,664,358 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BIDU
BAIDU INC - SPO...
Communication Services 1.08% 1.06% #19 3
Prev: #22
0.9 -814 -0.3%
P
S
302,873 $39,573,386 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HDB
HDFC BANK LTD-A...
Financial Services 1.05% 0.95% #20 5
Prev: #25
1.4 no change no change
P
S
1,053,708 $38,502,490 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ALK
ALASKA AIR GROU...
Industrials 1.03% 0.33% #21 16
Prev: #37
3.4 503,167 200.3%
P
S
754,321 $37,942,346 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ARW
ARROW ELECTRONI...
Technology 1.03% 1.11% #22 1
Prev: #21
0.9 -1,360 -0.4%
P
S
343,667 $37,865,230 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AA
ALCOA CORP
Basic Materials 1.00% 1.37% #23 5
Prev: #18
0.4 -878,044 -56.0%
P
S
689,217 $36,624,991 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TTFNF
TOTALENERGIES S...
Energy 0.88% #24
Prev: #—
3.9 495,465 no change
NEW
495,465 $32,368,415 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LCII
LCI INDUSTRIES
Consumer Cyclical 0.86% 0.64% #25 4
Prev: #29
0.8 2,153 0.8%
P
S
260,001 $31,548,521 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MRK
MERCK & CO. INC...
Healthcare 0.85% 0.66% #26 2
Prev: #28
0.8 -919 -0.3%
P
S
297,409 $31,305,271 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MHK
MOHAWK INDUSTRI...
Consumer Cyclical 0.77% 1.67% #27 12
Prev: #15
0.3 -228,977 -46.9%
P
S
259,764 $28,392,205 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BABA
ALIBABA GROUP H...
Consumer Cyclical 0.71% 2.15% #28 15
Prev: #13
0.3 -275,677 -60.9%
P
S
177,174 $25,970,165 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CNC
CENTENE CORP
Healthcare 0.68% 0.57% #29 2
Prev: #31
0.8 -493 -0.1%
P
S
601,679 $24,759,091 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PTEN
PATTERSON-UTI E...
Energy 0.67% 0.82% #30 4
Prev: #26
0.3 -1,990,423 -33.2%
P
S
4,012,091 $24,513,876 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HAL
HALLIBURTON CO
Energy 0.62% 0.98% #31 7
Prev: #24
0.2 -701,164 -46.6%
P
S
804,096 $22,723,753 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MAN
MANPOWERGROUP I...
Industrials 0.50% 0.62% #32 2
Prev: #30
0.7 -2,237 -0.4%
P
S
612,203 $18,200,795 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BAX
BAXTER INTERNAT...
Healthcare 0.43% 0.49% #33 1
Prev: #32
0.7 122 0.0%
P
S
819,011 $15,651,300 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
DOW
DOW INC
Basic Materials 0.42% 0.14% #34 6
Prev: #40
3.2 421,239 180.2%
P
S
655,050 $15,315,069 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BBWI
BATH & BODY WOR...
Consumer Cyclical 0.34% 0.42% #35
Prev: #35
0.6 -1,356 -0.2%
P
S
619,722 $12,444,018 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CTSH
COGNIZANT TECH ...
Technology 0.32% 0.25% #36 2
Prev: #38
0.6 95 0.1%
P
S
140,966 $11,700,178 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ACN
ACCENTURE PLC-C...
Technology 0.19% #37
Prev: #—
3.6 25,838 no change
NEW
25,838 $6,932,335 2013 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
RY
ROYAL BANK OF C...
Financial Services 0.15% 0.12% #38 3
Prev: #41
0.6 159 0.5%
P
S
31,843 $5,428,012 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CNQ
CANADIAN NATURA...
Energy 0.13% 0.10% #39 4
Prev: #43
2.6 25,199 20.9%
P
S
145,811 $4,935,707 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UBS
UBS GROUP AG-RE...
Financial Services 0.12% 1.83% #40 26
Prev: #14
0.0 -1,592,892 -94.5%
P
S
93,216 $4,349,300 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CPRI
CAPRI HOLDINGS ...
Consumer Cyclical 0.10% 0.08% #41 4
Prev: #45
0.5 -6,060 -3.8%
P
S
153,471 $3,744,692 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
LYB
LYONDELLBASELL ...
Basic Materials 0.09% 0.05% #42 20
Prev: #62
3.0 39,597 107.6%
P
S
76,414 $3,308,726 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
WCC
WESCO INTERNATI...
Industrials 0.09% 0.07% #43 4
Prev: #47
0.5 -251 -1.9%
P
S
12,768 $3,123,564 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VSCO
VICTORIA'S SECR...
Consumer Cyclical 0.08% 0.05% #44 16
Prev: #60
0.0 -19,393 -27.6%
P
S
50,830 $2,753,461 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
COLB
COLUMBIA BANKIN...
Financial Services 0.07% 0.06% #45 6
Prev: #51
1.0 no change no change
P
S
90,047 $2,516,814 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VALE
VALE SA-SP ADR
Basic Materials 0.06% 0.05% #46 11
Prev: #57
1.0 no change no change
P
S
182,364 $2,376,203 2014 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AER
AERCAP HOLDINGS...
Industrials 0.06% 0.10% #47 3
Prev: #44
0.0 -15,251 -49.0%
P
S
15,889 $2,284,203 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SON
SONOCO PRODUCTS...
Consumer Cyclical 0.06% 0.06% #48 6
Prev: #54
1.0 no change no change
P
S
49,097 $2,142,593 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AVT
AVNET INC
Technology 0.06% 0.06% #49 1
Prev: #50
1.0 no change no change
P
S
44,407 $2,135,089 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
INMD
INMODE LTD
Healthcare 0.06% 0.06% #50 3
Prev: #53
1.0 no change no change
P
S
143,658 $2,110,336 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 121 holdings

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