Latest ARGA Investment Management, LP Stock Portfolio

$2.98Billion– No. of Holdings #138

ARGA Investment Management, LP Performance:

2024 Q1: 3.23%YTD: 3.23%2023: 7.91%

Performance for 2024 Q1 is 3.23%, and YTD is 3.23%, and 2023 is 7.91%.

About ARGA Investment Management, LP and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, ARGA Investment Management, LP reported an equity portfolio of $3 Billions as of 31 Mar, 2024.

The top stock holdings of ARGA Investment Management, LP are BABA, MLCO, TCOM. The fund has invested 8.7% of it's portfolio in ALIBABA GROUP HOLDING-SP ADR and 7.1% of portfolio in MELCO RESORTS & ENTERT-ADR.

The fund managers got completely rid off HELLO GROUP INC -SPN ADR (MOMO), WHIRLPOOL CORP (WHR) and SABRE CORP (SABR) stocks. They significantly reduced their stock positions in AERCAP HOLDINGS NV (AER), DOW INC (DOW) and MICRON TECHNOLOGY INC (MU). ARGA Investment Management, LP opened new stock positions in HDFC BANK LTD-ADR (HDB), BAXTER INTERNATIONAL INC (BAX) and ALASKA AIR GROUP INC (ALK). The fund showed a lot of confidence in some stocks as they added substantially to ARROW ELECTRONICS INC (ARW), AVNET INC (AVT) and ALCOA CORP (AA).

ARGA Investment Management, LP Equity Portfolio Value

Last Reported on: 12 Apr, 2024

ARGA Investment Management, LP Annual Return Estimates Vs S&P 500

Our best estimate is that ARGA Investment Management, LP made a return of 3.23% in the last quarter. In trailing 12 months, it's portfolio return was 8.83%.

New Buys

Ticker	$ Bought
hdfc bank ltd-adr	62,960,400
baxter international inc	10,951,000
alaska air group inc	9,654,140
patterson-uti energy inc	1,390,530
t rowe price group inc	1,381,480
global ship lease inc-cl a	1,227,240
thor industries inc	1,046,200
helix energy solutions group	861,303

New stocks bought by ARGA Investment Management, LP

Additions

Ticker	% Inc.
arrow electronics inc	768
avnet inc	584
alcoa corp	202
lear corp	196
lci industries	144
genpact ltd	127
nutrien ltd	120
walt disney co/the	119

Additions to existing portfolio by ARGA Investment Management, LP

Reductions

Ticker	% Reduced
aercap holdings nv	-98.11
dow inc	-97.67
micron technology inc	-95.58
comcast corp-class a	-79.02
coherent corp	-76.99
nxp semiconductors nv	-71.3
herc holdings inc	-44.1
steelcase inc-cl a	-42.79

ARGA Investment Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
hello group inc -spn adr	-14,280,100
sabre corp	-5,652,490
new york community bancorp	-3,126,670
ishares msci china etf	-2,475,650
whirlpool corp	-6,506,540
equitrans midstream corp	-401,713
technipfmc plc	-724,295
ncr voyix corp	-446,559

ARGA Investment Management, LP got rid off the above stocks

Sector Distribution

ARGA Investment Management, LP has about 67% of it's holdings in Others sector.

Sector	%
Others	67
Consumer Cyclical	11.9
Technology	6.3
Financial Services	5.3
Energy	2.2
Healthcare	2.1
Basic Materials	1.9
Communication Services	1.8

Market Cap. Distribution

ARGA Investment Management, LP has about 18.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	67
LARGE-CAP	15.1
MID-CAP	14.5
MEGA-CAP	3.1

Stocks belong to which Index?

About 0% of the stocks held by ARGA Investment Management, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	100

Top 5 Winners (%)		%
COHR	coherent corp	36.1 %
TPR	tapestry inc	29.0 %
AMAT	applied materials inc	27.3 %
PBF	pbf energy inc-class a	26.2 %
MHK	mohawk industries inc	26.2 %

Top 5 Winners ($)		$
MHK	mohawk industries inc	13.9 M
TPR	tapestry inc	11.1 M
C	citigroup inc	11.1 M
QCOM	qualcomm inc	10.9 M
DIS	walt disney co/the	9.4 M

Top 5 Losers (%)		%
EAF	graftech international ltd	-37.0 %
COLB	columbia banking system inc	-27.5 %
VSCO	victoria's secret & co	-27.0 %
CC	chemours co/the	-16.7 %
BIIB	biogen inc	-16.7 %

Top 5 Losers ($)		$
GILD	gilead sciences inc	-4.9 M
G	genpact ltd	-0.7 M
COLB	columbia banking system inc	-0.6 M
VSCO	victoria's secret & co	-0.5 M
CC	chemours co/the	-0.3 M

ARGA Investment Management, LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of ARGA Investment Management, LP

ARGA Investment Management, LP has 138 stocks in it's portfolio. About 63.5% of the portfolio is in top 10 stocks. GILD proved to be the most loss making stock for the portfolio. MHK was the most profitable stock for ARGA Investment Management, LP last quarter.

Last Reported on: 12 Apr, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AA	alcoa corp	1.69	1,491,540	50,399,300	added	202

ABCB	ameris bancorp	0.04	26,339	1,274,280	unchanged	0.00

ABT	abbott laboratories	0.02	5,221	593,419	unchanged	0.00

ACCO	acco brands corp	0.01	80,724	452,862	reduced	-28.86

ACLS	axcelis technologies inc	0.01	3,696	412,178	unchanged	0.00

AER	aercap holdings nv	0.03	9,500	825,645	reduced	-98.11

AGO	assured guaranty ltd	0.01	5,087	443,841	unchanged	0.00

AL	air lease corp	0.09	51,036	2,625,290	reduced	-11.16

ALK	alaska air group inc	0.32	224,567	9,654,140	new

ALL	allstate corp	0.00	0.00	0.00	sold off	-100

AMAT	applied materials inc	0.02	2,754	567,957	unchanged	0.00

AMPS	ishares msci china etf	0.00	0.00	0.00	sold off	-100

AMRC	ameresco inc-cl a	0.02	29,734	717,481	new

AMWD	american woodmark corp	0.03	7,352	747,404	unchanged	0.00

APAM	artisan partners asset ma -a	0.01	8,885	406,666	unchanged	0.00

ARW	arrow electronics inc	0.29	66,300	8,583,200	added	768

ASB	associated banc-corp	0.01	17,374	373,715	unchanged	0.00

ATSG	air transport services group	0.01	18,117	249,290	new

AVT	avnet inc	0.53	320,990	15,914,700	added	584

AWK	american water works co inc	0.06	14,109	1,724,260	unchanged	0.00