Ramirez Asset Management, Inc. — 13F Holdings & Portfolio
CIK 1992110 · latest 13F-HR filed 2026-05-12
Ramirez Asset Management, Inc. manages $831.7M in 13F-reported U.S. long-equity assets across 349 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are TSM (6.21%), JBS (3.56%), KB (2.89%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 15 new positions, exited 50, added to 110, and trimmed 160.
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.
$831.7M
Long-equity book
349
Distinct positions
2026-03-31
Filed 2026-05-12
+15 / −50 / ↑110 / ↓160
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- TAIWAN SEMICONDUCTOR MFG ADR$11.2M +27.8%
- JBS N.V. COM SHS CL A$11.0M +58.8%
- Linde plc$6.4M +125.8%
- SAP AG$6.0M +5484.0%
- GRAB HOLDINGS LIMITED CLASS A$5.9M +192.1%
Top Trims
- Mitsubishi Ufj Financial Group-$7.5M -99.8%
- BAE Systems plc Sp ADR-$6.5M -99.8%
- Disco Corp Unsponsored Adr-$6.3M -99.9%
- Sumitomo Mitsui Finl Group ADR-$5.8M -41.9%
- Airbus SE ADR-$4.8M -99.9%
New Positions
- FERRARI N V$8.3M
- SPOTIFY TECHNOLOGY S A SHS$7.7M
- SONY CORP ADR$7.0M
- Astrazeneca Plc$5.4M
- RECKITT BENCK GRP SPONSORED AD$4.9M
Exited Positions
- Reckitt Benckiser Group plc AD$5.6M
- AstraZeneca plc ADR$4.5M
- ASHTEAD GROUP PLC SPONRD ADS$2.7M
- Berkshire Hathaway Inc Cl B$150.8K
- Piper Sandler Companies Com$135.9K
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 | TAIWAN SEMICONDUCTOR MFG ADR | TSM | 874039100 | $51.7M | 6.21% | 146,661 | SH |
| 2 | JBS N.V. COM SHS CL A | JBS | N4732M103 | $29.6M | 3.56% | 1,673,913 | SH |
| 3 | KB Financial Group Inc ADR | KB | 48241A105 | $24.0M | 2.89% | 236,513 | SH |
| 4 | ITAU UNIBANCO HLDG PREF ADR | ITUB | 465562106 | $19.8M | 2.38% | 2,355,376 | SH |
| 5 | Engie SA ADR | EGIEY | 29286D105 | $19.7M | 2.37% | 615,291 | SH |
| 6 | Cameco Corp | CCJ | 13321L108 | $15.6M | 1.88% | 142,851 | SH |
| 7 | Grupo Financiero Banorte S A B | GBOOY | 40052P107 | $15.3M | 1.84% | 277,976 | SH |
| 8 | SHINHAN FINANCIAL GROUP ADR | SHG | 824596100 | $15.2M | 1.83% | 241,867 | SH |
| 9 | COCA COLA FEMSA SAB DE CV ADR | KOF | 191241108 | $14.7M | 1.77% | 149,595 | SH |
| 10 | CEMEX SA ADR | CX | 151290889 | $13.0M | 1.56% | 1,116,758 | SH |
| 11 | AXA ADR | AXAHF | 054536107 | $12.9M | 1.55% | 285,076 | SH |
| 12 | Smurfit Westrock Plc | SW | G8267P108 | $12.5M | 1.51% | 315,203 | SH |
| 13 | Marubeni Corp ADR | MARUY | 573810207 | $11.5M | 1.39% | 32,532 | SH |
| 14 | Linde plc | LIN | G54950103 | $11.5M | 1.39% | 23,230 | SH |
| 15 | DEUTSCHE TELEKOM AG ADR | DTEGF | 251566105 | $11.4M | 1.37% | 312,223 | SH |
| 16 | PT TELEKOM INDONESIA ADR | TLK | 715684106 | $11.2M | 1.34% | 603,767 | SH |
| 17 | ASE TECHNOLOGY HOLDING CO ADS | ASX | 00215W100 | $10.7M | 1.29% | 447,333 | SH |
| 18 | TENCENT HLDGS LTD ADR | TCEHY | 88032Q109 | $10.3M | 1.24% | 167,713 | SH |
| 19 | RHEINMETALL AG ADR | RNMBY | 76206K107 | $10.2M | 1.22% | 30,667 | SH |
| 20 | Mizuho Financial Group Inc Sp | MFG | 60687Y109 | $10.1M | 1.22% | 1,267,938 | SH |
| 21 | Suzano SA ADS | SUZ | 86959K105 | $9.0M | 1.08% | 924,318 | SH |
| 22 | GRAB HOLDINGS LIMITED CLASS A | GRAB | G4124C109 | $8.9M | 1.07% | 2,424,354 | SH |
| 23 | STANDARD CHARTERED PLC ADS | SCBFY | 853254100 | $8.8M | 1.06% | 212,220 | SH |
| 24 | VEOLIA ENVIRONMENT ADR | VEOEY | 92334N103 | $8.8M | 1.06% | 465,524 | SH |
| 25 | Coupang Inc Cl A | CPNG | 22266T109 | $8.7M | 1.05% | 459,096 | SH |
| 26 | Sandoz Group AG ADS | SDZXF | 799926100 | $8.4M | 1.01% | 109,038 | SH |
| 27 | FERRARI N V | RACE | N3167Y103 | $8.3M | 1.00% | 24,611 | SH |
| 28 | Vinci Sa Adr | VCISY | 927320101 | $8.3M | 0.99% | 223,591 | SH |
| 29 | Nvidia Corporation | NVDA | 67066G104 | $8.0M | 0.97% | 46,032 | SH |
| 30 | Sumitomo Mitsui Finl Group ADR | SMFG | 86562M209 | $8.0M | 0.96% | 402,811 | SH |
| 31 | EMBRAER SA ADR | EMBJ | 29082A107 | $7.9M | 0.95% | 130,296 | SH |
| 32 | SPOTIFY TECHNOLOGY S A SHS | SPOT | L8681T102 | $7.7M | 0.93% | 16,021 | SH |
| 33 | SEA LIMITED ADR | SE | 81141R100 | $7.7M | 0.93% | 92,615 | SH |
| 34 | TELEFONICA BRASIL SA NEW ADR | VIV | 87936R205 | $7.5M | 0.90% | 471,812 | SH |
| 35 | SSE PLC SPONSORED ADR | SSEZY | 78467K107 | $7.3M | 0.87% | 211,640 | SH |
| 36 | Caterpillar Inc | CAT | 149123101 | $7.2M | 0.86% | 10,110 | SH |
| 37 | INTESA SANPAOLO SPA ADR | ISNPY | 46115H107 | $7.1M | 0.85% | 196,915 | SH |
| 38 | PANASONIC HLDGS CORP UNSPONSOR | PCRFF | 69832A304 | $7.1M | 0.85% | 429,319 | SH |
| 39 | SONY CORP ADR | SONY | 835699307 | $7.0M | 0.84% | 339,615 | SH |
| 40 | ANGLOGOLD ASHANTI PLC COM SHS | AU | G0378L100 | $6.9M | 0.83% | 71,852 | SH |
| 41 | Broadcom Inc | AVGO | 11135F101 | $6.8M | 0.82% | 22,070 | SH |
| 42 | SCHNEIDER ELECTRIC SA ADR | SBGSY | 80687P106 | $6.7M | 0.80% | 125,327 | SH |
| 43 | JPMorgan Chase & Co | JPM | 46625H100 | $6.7M | 0.80% | 22,693 | SH |
| 44 | LONDON STK EXCHANGE GROUP SPON | LSEGY | 54211Y107 | $6.7M | 0.80% | 227,025 | SH |
| 45 | Hitachi Ltd ADR | HTHIF | 433578507 | $6.3M | 0.76% | 223,324 | SH |
| 46 | NATIONAL GRID PLC ADR NE | NGG | 636274409 | $6.3M | 0.76% | 74,169 | SH |
| 47 | Nestle SA ADR | NSRGY | 641069406 | $6.3M | 0.75% | 64,016 | SH |
| 48 | SAP AG | SAP | 803054204 | $6.1M | 0.73% | 35,669 | SH |
| 49 | Microsoft Corp | MSFT | 594918104 | $6.1M | 0.73% | 16,382 | SH |
| 50 | Mitsubishi Elec Corp Adr | MILGF | 606776201 | $5.9M | 0.71% | 92,638 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-12 | $831.7M | 349 | 0001992110-26-000005 |
| 2025-12-31 | 2026-02-11 | $758.2M | 384 | 0001992110-26-000003 |
| 2025-09-30 | 2025-11-12 | $720.1M | 357 | 0001992110-25-000014 |