Carrhae Capital LLP

Comprehensive Analysis of Carrhae Capital LLP 13F Filing (Q3 2025)

1. Portfolio Overview

Carrhae Capital LLP reported a significant contraction in portfolio value during the third quarter of 2025, with total assets under management (AUM) decreasing by 27.1%, from approximately $1.37 billion to $997.52 million. This reduction coincides with a substantial shift in strategy, evidenced by a high turnover rate. The fund executed a major overhaul of its portfolio, exiting 16 positions while esta...