Ramirez Asset Management, Inc.

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Ramirez Asset Management, Inc. maintained a portfolio of 402 distinct positions. The most significant new addition to the portfolio was LONDON STK EXCHANGE , which now represents 0.73% of the total fund value. They heavily accumulated shares in JBS N.V. COM SHS CL , increasing their position by 9.1%. The fund also reduced its exposure to ANGLOGOLD ASHANTI PL by 6.0%.
PCA Score Concentration Risk
Risk ENB
Total Positions
402
Quarter
2025 Q4
Top Holding
TSM (5.3%)
Top 10 Concentration
22.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 402
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
TSM
TAIWAN SEMICOND...
Technology 5.34% 5.26% #1
Prev: #1
4.6 -2,465 -1.8%
P
S
133,107 $40,450,040 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
KB
KB Financial Gr...
Financial Services 2.50% 2.54% #2
Prev: #2
3.0 -270 -0.1%
P
S
219,902 $18,920,371 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
JBS N.V. COM SH...
Unknown 2.46% 2.46% #3
Prev: #3
4.0 108,143 9.1%
P
S
1,292,547 $18,638,531 13F Filing 2025-12-31 2026-02-14 (Est.)
ITUB
ITAU UNIBANCO H...
Financial Services 2.10% 2.19% #4
Prev: #4
1.8 77,679 3.6%
P
S
2,223,601 $15,920,987 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ENGIY
Engie SA ADR
Utilities 1.87% 1.54% #5 6
Prev: #11
1.7 21,008 4.1%
P
S
539,261 $14,193,076 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SMFG
Sumitomo Mitsui...
Financial Services 1.81% 1.60% #6 2
Prev: #8
1.2 24,383 3.6%
P
S
710,653 $13,736,925 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GBOOY
Grupo Financier...
Financial Services 1.75% 1.99% #7 2
Prev: #5
1.2 1,592 0.6%
P
S
286,548 $13,295,026 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
KOF
COCA COLA FEMSA...
Consumer Defensive 1.70% 1.59% #8 1
Prev: #9
1.2 -1,656 -1.2%
P
S
136,301 $12,909,106 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MARUY
Marubeni Corp A...
Industrials 1.59% 1.48% #9 3
Prev: #12
1.1 955 2.2%
P
S
43,431 $12,061,231 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SHG
SHINHAN FINANCI...
Financial Services 1.58% 1.56% #10
Prev: #10
1.1 -584 -0.3%
P
S
222,752 $11,946,201 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CX
CEMEX SA ADR
Basic Materials 1.54% 1.27% #11 5
Prev: #16
1.1 -2,212 -0.2%
P
S
1,016,705 $11,681,929 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TLK
PT TELEKOM INDO...
Communication Services 1.51% 1.40% #12 1
Prev: #13
1.1 9,577 1.8%
P
S
545,405 $11,480,778 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CCJ
Cameco Corp
Energy 1.49% 1.38% #13 1
Prev: #14
1.1 5,579 4.7%
P
S
123,674 $11,314,965 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TCEHY
TENCENT HLDGS L...
Communication Services 1.45% 1.80% #14 8
Prev: #6
1.1 -8,912 -5.9%
P
S
143,368 $11,010,594 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RNMBY
RHEINMETALL AG ...
Industrials 1.27% 1.60% #15 8
Prev: #7
2.5 1,562 6.3%
P
S
26,196 $9,605,072 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SCBFY
STANDARD CHARTE...
Financial Services 1.22% 0.97% #16 13
Prev: #29
1.0 7,116 3.9%
P
S
188,343 $9,231,308 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
Nvidia Corporat...
Technology 1.21% 1.28% #17 2
Prev: #15
1.5 no change no change
P
S
49,294 $9,193,331 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DTEGY
DEUTSCHE TELEKO...
Communication Services 1.12% 1.25% #18 1
Prev: #17
0.9 -2,131 -0.8%
P
S
261,346 $8,489,934 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AXAHY
AXA ADR
Financial Services 1.12% 1.13% #19 1
Prev: #20
0.9 4,814 2.8%
P
S
175,959 $8,464,626 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ERJ
EMBRAER SA ADR
Unknown 1.09% 1.13% #20 1
Prev: #21
0.9 -6,716 -5.0%
P
S
128,129 $8,247,637 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MFG
Mizuho Financia...
Financial Services 1.09% 1.01% #21 6
Prev: #27
0.9 41,986 3.9%
P
S
1,124,276 $8,229,699 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
Microsoft Corp
Technology 1.07% 1.20% #22 4
Prev: #18
0.9 83 0.5%
P
S
16,740 $8,095,799 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SUZ
Suzano SA ADS
Basic Materials 1.05% 0.89% #23 10
Prev: #33
2.9 168,044 24.6%
P
S
850,261 $7,941,436 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
Broadcom Inc
Technology 1.04% 1.04% #24 1
Prev: #23
1.4 no change no change
P
S
22,769 $7,880,351 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
JPM
JPMorgan Chase ...
Financial Services 1.01% 1.04% #25 1
Prev: #24
1.4 no change no change
P
S
23,765 $7,657,558 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MUFG
Mitsubishi Ufj ...
Financial Services 0.99% 1.01% #26
Prev: #26
0.9 16,004 3.5%
P
S
472,782 $7,498,323 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VCISY
Vinci Sa Adr
Industrials 0.98% 0.99% #27 1
Prev: #28
0.9 4,214 2.0%
P
S
210,897 $7,433,750 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VEOEY
VEOLIA ENVIRONM...
Industrials 0.96% 0.95% #28 2
Prev: #30
0.9 14,278 3.5%
P
S
418,004 $7,295,164 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ISNPY
INTESA SANPAOLO...
Financial Services 0.96% 0.92% #29 3
Prev: #32
0.9 6,845 4.1%
P
S
173,748 $7,249,379 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SW
Smurfit Westroc...
Consumer Cyclical 0.94% 1.11% #30 8
Prev: #22
0.9 -4,316 -2.3%
P
S
184,093 $7,118,858 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SDZNY
Sandoz Group AG...
Healthcare 0.94% 0.77% #31 9
Prev: #40
0.9 3,724 4.0%
P
S
97,123 $7,090,683 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ASX
ASE TECHNOLOGY ...
Technology 0.93% 0.70% #32 17
Prev: #49
0.9 -14,885 -3.3%
P
S
438,537 $7,060,449 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SBGSY
SCHNEIDER ELECT...
Industrials 0.92% 0.95% #33 2
Prev: #31
0.9 4,013 3.3%
P
S
126,318 $6,969,702 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HTHIY
Hitachi Ltd ADR
Industrials 0.92% 0.80% #34 4
Prev: #38
0.9 4,733 2.2%
P
S
221,993 $6,942,552 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BAESY
BAE SYSTEM PLC ...
Industrials 0.86% 1.02% #35 10
Prev: #25
2.3 4,527 6.8%
P
S
70,620 $6,512,321 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
Apple Inc
Technology 0.85% 0.84% #36 1
Prev: #35
1.3 no change no change
P
S
23,764 $6,460,481 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DSCSY
DISCO CORP ADR
Technology 0.83% 0.86% #37 3
Prev: #34
0.8 6,950 3.5%
P
S
203,931 $6,267,079 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NDBKY
Nedbank Group L...
Financial Services 0.79% 0.66% #38 13
Prev: #51
0.8 -6,997 -1.8%
P
S
374,737 $6,021,591 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AU
ANGLOGOLD ASHAN...
Basic Materials 0.79% 0.73% #39 5
Prev: #44
0.8 -4,471 -6.0%
P
S
70,575 $6,018,609 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SSEZY
SSE PLC SPONSOR...
Utilities 0.79% 0.64% #40 13
Prev: #53
0.8 5,668 2.9%
P
S
203,561 $5,966,069 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NSRGY
Nestle SA ADR
Consumer Defensive 0.76% 0.73% #41 4
Prev: #45
0.8 860 1.5%
P
S
58,011 $5,765,583 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CPNG
Coupang Inc Cl ...
Consumer Cyclical 0.75% 0.81% #42 5
Prev: #37
2.8 59,976 33.3%
P
S
240,142 $5,664,959 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CAT
Caterpillar Inc
Industrials 0.74% 0.65% #43 9
Prev: #52
1.3 no change no change
P
S
9,850 $5,642,769 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RBGLY
Reckitt Benckis...
Consumer Defensive 0.74% 0.72% #44 3
Prev: #47
0.8 10,555 3.2%
P
S
345,268 $5,574,671 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LSEGY
LONDON STK EXCH...
Financial Services 0.73% #45
Prev: #—
3.8 184,397 no change
NEW
184,397 $5,550,749 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
Alphabet Inc Cl...
Communication Services 0.72% 0.59% #46 16
Prev: #62
1.3 no change no change
P
S
17,456 $5,463,728 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ABBV
Abbvie Inc
Healthcare 0.71% 0.76% #47 6
Prev: #41
1.3 no change no change
P
S
23,547 $5,380,254 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VIV
TELEFONICA BRAS...
Communication Services 0.71% 0.83% #48 12
Prev: #36
0.8 -17,658 -3.8%
P
S
451,081 $5,349,817 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SGBLY
STANDARD BANK G...
Financial Services 0.68% 0.59% #49 12
Prev: #61
0.8 -16,854 -5.4%
P
S
294,235 $5,156,699 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BMA
BANCO MACRO SA ...
Financial Services 0.67% 0.33% #50 48
Prev: #98
0.8 28 0.0%
P
S
56,746 $5,116,262 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 402 holdings

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