ARGA Investment Management, LP

STAMFORD, CT · CIK 1556915 · 13F filing filed 2026-07-31

SEC-registered investment adviser since 2012 · limited partnership

Assets managed$24.6bn
Staff49 · 25 in investment roles
Main clients (by assets)Private funds 39%, State and local governments 30%, Mutual funds and ETFs 23%
Private funds6 · $2.0bn gross assets
Main officeMiami, FL
Form ADV · 2026-10-01SEC adviser record

Legal entityARGA INVESTMENT MANAGEMENT, LP (US)

$3.9bn reported value +28.7% vs Q1 2026

121positions

66.6%in top 10

35 new 28 added 36 reduced 23 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	XP INC CL A XP	XP	24,643,382	$400.7m10.22%	10.22%	Added +3.9m	+3,944,247 19.1%
2	AERCAP HOLDINGS NV SHS AER	AER	2,520,884	$367.5m9.38%	9.38%	Added +2.5m	+2,504,857 15629.0%
3	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	611,651	$292.1m7.45%	7.45%	Reduced -10.0k	-10,004 -1.6%
4	PETROLEO BRASILEIRO SA PETRO SPONSORED ADR PBR	PBR	17,311,405	$279.8m7.14%	7.14%	Reduced -368.8k	-368,824 -2.1%
5	TRIP COM GROUP LTD ADS TCOM	TCOM	6,527,204	$260.0m6.63%	6.63%	Added +3.7m	+3,665,587 128.1%
6	BANCO BRADESCO S A SP ADR PFD NEW BBD	BBD	70,717,908	$245.4m6.26%	6.26%	Reduced -4.4m	-4,422,031 -5.9%
7	AGNICO EAGLE MINES LTD COM AEM	AEM	1,568,225	$243.4m6.21%	6.21%	New
8	MAGNA INTL INC COM MGA	MGA	3,632,267	$238.9m6.09%	6.09%	Reduced -139.1k	-139,092 -3.7%
9	TENCENT MUSIC ENTMT GROUP SPON ADS TME	TME	18,186,510	$151.9m3.87%	3.87%	New
10	BAIDU INC SPON ADR REP A BIDU	BIDU	1,132,028	$129.4m3.30%	3.30%	New
11	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	879,563	$84.4m2.15%	2.15%	Added +706.9k	+706,903 409.4%
12	ANGLOGOLD ASHANTI PLC COM SHS AU	AU	892,806	$72.2m1.84%	1.84%	New
13	SALESFORCE INC COM CRM	CRM	436,910	$68.4m1.75%	1.75%	New
14	HUMANA INC COM HUM	HUM	166,572	$66.2m1.69%	1.69%	Reduced -63.5k	-63,505 -27.6%
15	MELCO RESORTS AND ENTMNT LTD ADR MLCO	MLCO	12,405,022	$65.4m1.67%	1.67%	Reduced -2.1m	-2,103,092 -14.5%
16	NOKIA CORP SPONSORED ADR NOK	NOK	4,696,279	$62.4m1.59%	1.59%	Reduced -15.7m	-15,691,923 -77.0%
17	ELEVANCE HEALTH INC COM ELV	ELV	159,970	$61.9m1.58%	1.58%	Reduced -45.1k	-45,093 -22.0%
18	ITAU UNIBANCO HLDG S A SPON ADR REP PFD ITUB	ITUB	7,509,138	$61.3m1.57%	1.57%	New
19	BIOMARIN PHARMACEUTICAL INC COM BMRN	BMRN	1,039,409	$59.5m1.52%	1.52%	New
20	LAS VEGAS SANDS CORP COM LVS	LVS	1,264,351	$58.4m1.49%	1.49%	Reduced -2.5m	-2,484,330 -66.3%
21	THE CIGNA GROUP COM CI	CI	149,973	$41.3m1.05%	1.05%	New
22	NXP SEMICONDUCTORS N V COM NXPI	NXPI	128,599	$36.1m0.92%	0.92%	Reduced -99.4k	-99,428 -43.6%
23	PRICE T ROWE GROUP INC COM TROW	TROW	315,093	$35.8m0.91%	0.91%	Reduced -126.8k	-126,773 -28.7%
24	HDFC BANK LTD SPONSORED ADS HDB	HDB	1,320,988	$34.1m0.87%	0.87%	Reduced -38.9k	-38,868 -2.9%
25	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	66,519	$33.3m0.85%	0.85%	New
26	MOHAWK INDS INC COM MHK	MHK	271,188	$32.9m0.84%	0.84%	Reduced -82.2k	-82,245 -23.3%
27	QUALCOMM INC COM QCOM	QCOM	166,344	$30.7m0.78%	0.78%	New
28	CANADIAN NATL RY CO COM CNI	CNI	253,298	$30.2m0.77%	0.77%	Added +226.5k	+226,497 845.1%
29	MERCK & CO INC COM MRK	MRK	199,748	$25.7m0.65%	0.65%	Reduced -51.7k	-51,710 -20.6%
30	ARROW ELECTRS INC COM ARW	ARW	112,585	$24.0m0.61%	0.61%	Reduced -220.7k	-220,680 -66.2%
31	ALCOA CORP COM AA	AA	447,455	$23.3m0.60%	0.60%	Reduced -150.5k	-150,549 -25.2%
32	LCI INDS COM LCII	LCII	216,170	$22.9m0.58%	0.58%	Reduced -11.3k	-11,307 -5.0%
33	CENTENE CORP DEL COM CNC	CNC	334,897	$21.5m0.55%	0.55%	Reduced -145.1k	-145,057 -30.2%
34	SONOCO PRODS CO COM SON	SON	341,685	$19.3m0.49%	0.49%	Reduced -6.2k	-6,168 -1.8%
35	NUTRIEN LTD COM NTR	NTR	305,118	$19.2m0.49%	0.49%	Added +262.4k	+262,419 614.6%
36	SKYWORKS SOLUTIONS INC COM SWKS	SWKS	277,756	$18.8m0.48%	0.48%	Reduced -88.4k	-88,423 -24.1%
37	SILGAN HLDGS INC COM SLGN	SLGN	397,056	$18.4m0.47%	0.47%	Added +89.2k	+89,250 29.0%
38	PATTERSON-UTI ENERGY INC COM PTEN	PTEN	1,985,845	$18.2m0.47%	0.47%	Reduced -1.9m	-1,922,463 -49.2%
39	OWENS CORNING NEW COM OC	OC	110,797	$17.6m0.45%	0.45%	Reduced -50.8k	-50,845 -31.5%
40	JBS N.V. CL A SHS JBS	JBS	952,116	$11.3m0.29%	0.29%	New
41	CANADIAN NAT RES LTD COM CNQ	CNQ	279,700	$11.1m0.28%	0.28%	Added +145.0k	+144,969 107.6%
42	ROYAL BK CDA COM RY	RY	31,843	$6.6m0.17%	0.17%	Unchanged
43	FMC CORP COM NEW FMC	FMC	499,539	$5.7m0.15%	0.15%	Reduced -161.9k	-161,855 -24.5%
44	AMBEV SA SPONSORED ADR ABEV	ABEV	1,234,108	$3.9m0.10%	0.10%	Added +267.0k	+266,974 27.6%
45	UBS GROUP AG SHS UBS	UBS	75,301	$3.7m0.10%	0.10%	Unchanged
46	SLM CORP COM SLM	SLM	142,546	$3.7m0.09%	0.09%	Added +74.4k	+74,446 109.3%
47	RENAISSANCERE HLDGS LTD COM RNR	RNR	11,457	$3.6m0.09%	0.09%	Added +3.8k	+3,843 50.5%
48	AVNET INC COM AVT	AVT	37,190	$3.3m0.08%	0.08%	Reduced -7.2k	-7,217 -16.2%
49	ONTO INNOVATION INC COM ONTO	ONTO	7,605	$2.9m0.07%	0.07%	Reduced -4.7k	-4,686 -38.1%
50	CAPRI HOLDINGS LIMITED SHS CPRI	CPRI	154,545	$2.9m0.07%	0.07%	Added +975	+975 0.6%
51	AXCELIS TECHNOLOGIES INC COM NEW ACLS	ACLS	14,881	$2.8m0.07%	0.07%	Reduced -26.5k	-26,527 -64.1%
52	LYONDELLBASELL INDUSTRIES N SHS - A - LYB	LYB	52,302	$2.8m0.07%	0.07%	Added +2.4k	+2,376 4.8%
53	WESCO INTL INC COM WCC	WCC	7,711	$2.7m0.07%	0.07%	Reduced -608	-608 -7.3%
54	COLUMBIA BKG SYS INC COM COLB	COLB	82,893	$2.7m0.07%	0.07%	Added +103	+103 0.1%
55	INTEGER HLDGS CORP COM ITGR	ITGR	26,915	$2.5m0.06%	0.06%	Added +13.2k	+13,176 95.9%
56	INSIGHT ENTERPRISES INC COM NSIT	NSIT	20,564	$2.5m0.06%	0.06%	New
57	ICICI BANK LIMITED ADR IBN	IBN	85,759	$2.5m0.06%	0.06%	New
58	INMODE LTD SHS INMD	INMD	162,603	$2.4m0.06%	0.06%	Added +18.9k	+18,945 13.2%
59	DR REDDYS LABS LTD ADR RDY	RDY	163,426	$2.4m0.06%	0.06%	New
60	ASTRAZENECA PLC ORD AZN	AZN	11,643	$2.2m0.06%	0.06%	Unchanged
61	MANPOWERGROUP INC WIS COM MAN	MAN	64,118	$2.2m0.06%	0.06%	Unchanged
62	BOISE CASCADE CO DEL COM BCC	BCC	27,231	$2.1m0.05%	0.05%	Added +2.0k	+2,019 8.0%
63	CALIFORNIA RES CORP COM STOCK CRC	CRC	37,541	$2.0m0.05%	0.05%	Unchanged
64	WALKER & DUNLOP INC COM WD	WD	35,629	$1.9m0.05%	0.05%	Unchanged
65	BANC OF CALIFORNIA INC COM BANC	BANC	95,387	$1.9m0.05%	0.05%	Unchanged
66	CONMED CORP COM CNMD	CNMD	57,334	$1.9m0.05%	0.05%	New
67	ACADEMY SPORTS & OUTDOORS IN COM ASO	ASO	39,312	$1.9m0.05%	0.05%	Unchanged
68	AVANTOR INC COM AVTR	AVTR	186,599	$1.8m0.05%	0.05%	New
69	BUILDERS FIRSTSOURCE INC COM BLDR	BLDR	20,412	$1.8m0.05%	0.05%	New
70	STRIDE INC COM LRN	LRN	20,892	$1.8m0.05%	0.05%	Added +10.8k	+10,802 107.1%
71	INSPERITY INC COM NSP	NSP	42,734	$1.8m0.05%	0.05%	Unchanged
72	BAXTER INTL INC COM BAX	BAX	80,961	$1.7m0.04%	0.04%	New
73	ABM INDS INC COM ABM	ABM	38,396	$1.7m0.04%	0.04%	New
74	MSC INDL DIRECT INC CL A MSM	MSM	13,297	$1.6m0.04%	0.04%	Reduced -4.4k	-4,413 -24.9%
75	WYNN RESORTS LTD COM WYNN	WYNN	16,250	$1.6m0.04%	0.04%	Added +25	+25 0.1%
76	PVH CORPORATION COM PVH	PVH	21,245	$1.6m0.04%	0.04%	Reduced -57	-57 -0.3%
77	WELLS FARGO CO NEW COM WFC	WFC	18,802	$1.6m0.04%	0.04%	New
78	ICHOR HOLDINGS SHS ICHR	ICHR	13,523	$1.5m0.04%	0.04%	Reduced -44.9k	-44,867 -76.8%
79	CAESARS ENTERTAINMENT INC NE COM CZR	CZR	50,295	$1.5m0.04%	0.04%	Reduced -23.2k	-23,204 -31.6%
80	DOLLAR GEN CORP NEW COM DG	DG	12,611	$1.5m0.04%	0.04%	New
81	FIRST AMERN FINL CORP COM FAF	FAF	21,116	$1.4m0.04%	0.04%	Unchanged
82	CHORD ENERGY CORPORATION COM NEW CHRD	CHRD	11,923	$1.4m0.03%	0.03%	Added +23	+23 0.2%
83	INVESCO LTD SHS IVZ	IVZ	50,453	$1.3m0.03%	0.03%	Added +132	+132 0.3%
84	WAYSTAR HLDG CORP COM WAY	WAY	64,450	$1.3m0.03%	0.03%	New
85	JAZZ PHARMACEUTICALS PLC SHS USD JAZZ	JAZZ	5,187	$1.2m0.03%	0.03%	Added +15	+15 0.3%
86	OLIN CORP COM PAR $1 OLN	OLN	61,373	$1.2m0.03%	0.03%	Added +58	+58 0.1%
87	ACADIA HEALTHCARE COMPANY IN COM ACHC	ACHC	39,844	$1.2m0.03%	0.03%	Reduced -17.3k	-17,254 -30.2%
88	BATH & BODY WORKS INC COM BBWI	BBWI	50,043	$1.2m0.03%	0.03%	Reduced -495.5k	-495,491 -90.8%
89	CORE & MAIN INC CL A CNM	CNM	23,465	$1.1m0.03%	0.03%	New
90	VICTORIAS SECRET AND CO COMMON STOCK VSXY	VSXY	12,341	$1.0m0.03%	0.03%	Unchanged
91	VERMILION ENERGY INC COM VET	VET	105,369	$986.0k0.03%	0.03%	Unchanged
92	MOLINA HEALTHCARE INC COM MOH	MOH	4,070	$930.8k0.02%	0.02%	Reduced -96	-96 -2.3%
93	MATTEL INC COM MAT	MAT	66,664	$925.3k0.02%	0.02%	New
94	THOR INDS INC COM THO	THO	12,155	$913.6k0.02%	0.02%	Unchanged
95	ENVISTA HOLDINGS CORPORATION COM NVST	NVST	33,916	$893.7k0.02%	0.02%	Added +56	+56 0.2%
96	ATKORE INC COM ATKR	ATKR	11,401	$866.9k0.02%	0.02%	Unchanged
97	ASSURED GUARANTY LTD COM AGO	AGO	7,938	$636.3k0.02%	0.02%	Unchanged
98	MASTERBRAND INC COMMON STOCK MBC	MBC	61,813	$636.1k0.02%	0.02%	New
99	POWER SOLUTIONS INTL INC COM NEW PSIX	PSIX	16,238	$631.5k0.02%	0.02%	Unchanged
100	FIRST INTST BANCSYSTEM INC COM FIBK	FIBK	15,510	$598.1k0.02%	0.02%	Added +3.1k	+3,099 25.0%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TOTALENERGIES SE TTE	TTE	1,187,329	$111.1m1.2m shares
GLOBANT S A GLOB	GLOB	1,105,070	$51.0m1.1m shares
COMCAST CORP NEW CMCSA	CMCSA	1,356,984	$39.0m1.4m shares
BROWN FORMAN CORP BF.B	BF.B	1,395,997	$36.9m1.4m shares
HALLIBURTON CO HAL	HAL	890,033	$34.7m890.0k shares
DOW INC DOW	DOW	729,463	$30.4m729.5k shares
SOCIEDAD QUIMICA Y MINERA DE SQM	SQM	263,115	$21.3m263.1k shares
VALE S A VALE	VALE	101,727	$1.6m101.7k shares
KANZHUN LIMITED BZ	BZ	67,813	$908.0k67.8k shares
JACKSON FINANCIAL INC JXN	JXN	5,794	$612.5k5.8k shares
HELIX ENERGY SOLUTIONS GRP I HOS	HOS	59,441	$587.9k59.4k shares
AMN HEALTHCARE SVCS INC AMN	AMN	29,767	$545.9k29.8k shares
VISHAY INTERTECHNOLOGY INC VSH	VSH	25,563	$460.1k25.6k shares
WEIBO CORP WB	WB	52,156	$456.4k52.2k shares
NAVIENT CORPORATION NAVI	NAVI	48,972	$400.6k49.0k shares
CARTERS INC CRI	CRI	10,956	$391.8k11.0k shares
AMERICAN WOODMARK CORPORATIO AMWD	AMWD	9,644	$384.1k9.6k shares
LEGGETT & PLATT INC LEG	LEG	32,420	$320.3k32.4k shares
SHINHAN FINANCIAL GROUP CO L SHG	SHG	4,711	$288.9k4.7k shares
MICRON TECHNOLOGY INC MU	MU	850	$287.2k850 shares
OCCIDENTAL PETE CORP OXY	OXY	3,142	$204.2k3.1k shares
HERCULES CAPITAL INC HTGC	HTGC	11,223	$165.8k11.2k shares
ORGANON & CO OGN	OGN	20,735	$124.2k20.7k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
XP INC XP · 13G · filed 2026-08-13	XP	5.9%≈ $400.7m	new	13G	2026-08-13