Top Institutional Investors

ARGA Investment Management, LP — 13F Holdings & Portfolio

CIK 1556915 · latest 13F-HR filed 2026-10-30

Backtest portfolio

ARGA Investment Management, LP manages $3.94B in 13F-reported U.S. long-equity assets across 126 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are XP (14.49%), PBR (9.07%), BBD (7.35%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 20 new positions and exited 15; 34 existing positions rose in reported value and 60 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$3.94B

Long-equity book

Holdings
126

Distinct positions

Period
2026-09-30

Filed 2026-10-30

Q/Q Activity
+20 / −15 / ↑34 / ↓60

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
XP14.5% · +10%PBR9.1% · -1%BBD7.4% · +16%AEM7.0% · -4%TSM7.0% · -2%MGA6.5% · +11%NOK5.6% · +364%EEM3.7% · newTME3.6% · -2%TCOM2.9% · -56%AU2.7% · +27%BIDU2.5% · -1%BABA2.4% · -1%ITUB1.9% · +15%QCOM1.7% · +118%MLCO1.4% · -2%GOOGL1.2% · newMETA1.2% · newHUM1.2% · -25%BMRN1.1% · -29%LVS1.0% · -19%MHK0.8% · -2%ORCL0.8% · newTROW0.8% · -8%HDB0.7% · -7%ACGL0.7% · newCMCSA0.6% · newCNC0.6% · +10%NXPI0.6% · -26%CI0.6% · -46%ELV0.6% · -65%ARW0.5% · -28%SLM0.5% · +466%LYB0.4% · +459%BRK.B0.4% · -50%LCII0.4% · -10%DVN0.4% · newWFC0.4% · +893%AA0.4% · -20%SLGN0.4% · +8%SON0.4% · -15%OC0.3% · -7%JBS0.3% · -3%RY0.2% · -0%CRM0.2% · -94%CNQ0.1% · -64%ABEV0.1% · +5%RNR0.1% · +1%ACLS0.1% · +69%CPRI0.1% · +50%WAY0.1% · +100%AER0.1% · -99%WCC0.1% · -1%CNMD0.1% · 0%AVT0.1% · -30%WD0.1% · +95%COLB0.1% · 0%IBN0.1% · 0%ONTO0.1% · 0%UBS0.1% · -36%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 67.2%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Oct 1, 2026.

Assets Under Management
$24.57B
Discretionary
$24.57B
Employees
49
Accounts
74
Address
3390 MARY STREET
SUITE 116
MIAMI, FL 33133
Phone
(645) 229-5501
Website
Name Title / Status Ownership Type
2009 KRISHNA FAMILY TRUST ControlMEMBER
since Apr 2010
25–50%Domestic Entity
CARMAN, PETER ControlNONEXECUTIVE CHAIRMAN
since Aug 2016
Less than 5%Individual
CLARK, NEDA ControlCHIEF COMPLIANCE OFFICER
since Sep 2013
Less than 5%Individual
KRISHNA, A. RAMA ControlCHIEF INVESTMENT OFFICER
since Apr 2010
50–75%Individual
ARGA GROUP HOLDINGS, LLCGENERAL PARTNER
since Apr 2010
Less than 5%Domestic Entity
2009 KRISHNA FAMILY TRUST Control
Indirect owner via ARGA GROUP HOLDINGS, LLC
MEMBER
since Nov 2009
25–50%Domestic Entity
DAVID, FRANKLIN, ISRAEL Control
Indirect owner via 2009 KRISHNA FAMILY TRUST
TRUSTEE
since Nov 2009
General partner, trustee or managerIndividual
KRISHNA, A. RAMA Control
Indirect owner via ARGA GROUP HOLDINGS, LLC
MANAGING MEMBER
since Nov 2009
50–75%Individual
Ownership & leadership changes · 8 filings with changes since Aug 3, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 30, 2022 filing
  • No longer listedGopalan, Sholy, K · CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Jun 2020
Jul 13, 2020 filing
  • AddedGopalan, Sholy, K · CHIEF OPERATING OFFICER · Less than 5% · control person
Mar 29, 2018 filing
  • No longer listedKOMAR, KEITH CHARLES · CHIEF ADMINISTRATIVE OFFICER · Less than 5% · control person · listed since Jan 2017
Mar 30, 2017 filing
  • AddedKOMAR, KEITH CHARLES · CHIEF ADMINISTRATIVE OFFICER · Less than 5% · control person
Aug 31, 2016 filing
  • No longer listedFLORSHEIM, DANIEL · CHIEF FINANCIAL OFFICER · Less than 5% · control person · listed since Oct 2013
  • AddedCARMAN, PETER · NONEXECUTIVE CHAIRMAN · Less than 5% · control person
Mar 28, 2014 filing
  • AddedFLORSHEIM, DANIEL · CHIEF FINANCIAL OFFICER · Less than 5% · control person
  • ChangedCLARK, NEDA · now a control person
Sep 9, 2013 filing
  • No longer listedZHANG, ANDREA · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Feb 2012
  • AddedCLARK, NEDA · CHIEF COMPLIANCE OFFICER · Less than 5%
Mar 26, 2013 filing
  • Changed2009 KRISHNA FAMILY TRUST · now a control person
  • Changed2009 KRISHNA FAMILY TRUST · indirect via ARGA GROUP HOLDINGS, LLC: now a control person
Aug 3, 2012 filing (earliest on record)
  • Listed2009 KRISHNA FAMILY TRUST · MEMBER · 25–50%
  • Listed2009 KRISHNA FAMILY TRUST · MEMBER · 25–50% · indirect via ARGA GROUP HOLDINGS, LLC
  • ListedARGA GROUP HOLDINGS, LLC · GENERAL PARTNER · Less than 5%
  • ListedDAVID, FRANKLIN, ISRAEL · TRUSTEE · General partner, trustee or manager · indirect via 2009 KRISHNA FAMILY TRUST · control person
  • ListedKRISHNA, A. RAMA · CHIEF INVESTMENT OFFICER · 50–75% · control person
  • ListedKRISHNA, A. RAMA · MANAGING MEMBER · 50–75% · indirect via ARGA GROUP HOLDINGS, LLC · control person
  • ListedZHANG, ANDREA · CHIEF COMPLIANCE OFFICER · Less than 5%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

ARGA Investment Management, LP Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 XP INC - CLASS A XP G98239109 $570.3M 14.49% 27,163,927 SH
2 PETROLEO BRASILEIRO-SPON ADR PBR 71654V408 $356.9M 9.07% 17,102,265 SH
3 BANCO BRADESCO-ADR BBD 059460303 $289.5M 7.35% 82,243,666 SH
4 AGNICO EAGLE MINES LTD AEM 008474108 $275.8M 7.01% 1,505,201 SH
5 TAIWAN SEMICONDUCTOR-SP ADR TSM 874039100 $274.2M 6.96% 600,986 SH
6 MAGNA INTERNATIONAL INC MGA 559222401 $256.7M 6.52% 4,030,060 SH
7 NOKIA CORP-SPON ADR NOK 654902204 $221.2M 5.62% 21,815,690 SH
8 ISHARES MSCI EMERGING MARKET EEM 464287234 $147.2M 3.74% 2,203,244 SH
9 TENCENT MUSIC ENTERTAINM-ADR TME 88034P109 $142.1M 3.61% 17,918,781 SH
10 TRIP.COM GROUP LTD-ADR TCOM 89677Q107 $113.5M 2.88% 2,901,925 SH
11 ANGLOGOLD ASHANTI PLC AU G0378L100 $106.8M 2.71% 1,137,018 SH
12 BAIDU INC - SPON ADR BIDU 056752108 $97.3M 2.47% 1,119,634 SH
13 ALIBABA GROUP HOLDING-SP ADR BABA 01609W102 $93.5M 2.37% 869,421 SH
14 ITAU UNIBANCO H-SPON PRF ADR ITUB 465562106 $73.5M 1.87% 8,612,478 SH
15 QUALCOMM INC QCOM 747525103 $66.8M 1.70% 362,967 SH
16 MELCO RESORTS & ENTERT-ADR MLCO 585464100 $54.2M 1.38% 12,106,432 SH
17 ALPHABET INC-CL A GOOGL 02079K305 $48.1M 1.22% 139,915 SH
18 META PLATFORMS INC-CLASS A META 30303M102 $47.9M 1.22% 66,026 SH
19 HUMANA INC HUM 444859102 $47.7M 1.21% 124,992 SH
20 BIOMARIN PHARMACEUTICAL INC BMRN 09061G101 $44.3M 1.12% 737,541 SH
21 LAS VEGAS SANDS CORP LVS 517834107 $38.8M 0.99% 1,026,850 SH
22 MOHAWK INDUSTRIES INC MHK 608190104 $33.1M 0.84% 265,535 SH
23 ORACLE CORP ORCL 68389X105 $30.7M 0.78% 223,610 SH
24 T ROWE PRICE GROUP INC TROW 74144T108 $30.0M 0.76% 288,749 SH
25 HDFC BANK LTD-ADR HDB 40415F101 $27.3M 0.69% 1,223,505 SH
26 ARCH CAPITAL GROUP LTD ACGL G0450A105 $26.7M 0.68% 288,612 SH
27 COMCAST CORP-CLASS A CMCSA 20030N101 $23.6M 0.60% 1,085,623 SH
28 CENTENE CORP CNC 15135B101 $23.0M 0.58% 369,570 SH
29 NXP SEMICONDUCTORS NV NXPI N6596X109 $22.6M 0.57% 95,151 SH
30 THE CIGNA GROUP CI 125523100 $22.0M 0.56% 81,097 SH
31 ELEVANCE HEALTH INC ELV 036752103 $21.9M 0.56% 56,230 SH
32 ARROW ELECTRONICS INC ARW 042735100 $18.3M 0.46% 80,504 SH
33 SLM CORP SLM 78442P106 $18.2M 0.46% 806,141 SH
34 LYONDELLBASELL INDU-CL A LYB N53745100 $16.8M 0.43% 292,453 SH
35 BERKSHIRE HATHAWAY INC-CL B BRK.B 084670702 $16.5M 0.42% 33,213 SH
36 LCI INDUSTRIES LCII 50189K103 $16.2M 0.41% 193,526 SH
37 DEVON ENERGY CORP DVN 25179M103 $15.4M 0.39% 333,994 SH
38 WELLS FARGO & CO WFC 949746101 $14.9M 0.38% 186,698 SH
39 ALCOA CORP AA 013872106 $14.9M 0.38% 355,523 SH
40 SILGAN HOLDINGS INC SLGN 827048109 $14.8M 0.38% 427,192 SH
41 SONOCO PRODUCTS CO SON 835495102 $14.2M 0.36% 291,641 SH
42 OWENS CORNING OC 690742101 $12.0M 0.31% 103,202 SH
43 JBS NV-A JBS N4732M103 $10.4M 0.26% 920,470 SH
44 ROYAL BANK OF CANADA RY 780087102 $6.3M 0.16% 31,826 SH
45 SALESFORCE INC CRM 79466L302 $6.2M 0.16% 26,973 SH
46 CANADIAN NATURAL RESOURCES CNQ 136385101 $4.8M 0.12% 101,320 SH
47 AMBEV SA-ADR ABEV 02319V103 $3.8M 0.10% 1,299,756 SH
48 RENAISSANCERE HOLDINGS LTD RNR G7496G103 $3.7M 0.09% 11,522 SH
49 AXCELIS TECHNOLOGIES INC ACLS 054540208 $3.3M 0.08% 25,110 SH
50 CAPRI HOLDINGS LTD CPRI G1890L107 $3.3M 0.08% 231,305 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-30 $3.94B 126 0001104659-26-120377
2026-06-30 2026-07-31 $3.92B 121 0001104659-26-088902
2026-03-31 2026-04-30 $3.05B 109 0001104659-26-052595
2025-12-31 2026-01-30 $3.67B 110 0001104659-26-008316
Filer Information
Address
3390 MARY STREET
SUITE 116
MIAMI, FL 33133
Phone
(645) 229-5501
Filing Manager
ARGA Investment Management, LP
MIAMI, FL
Signatory
Neda Clark
CCO