ARGA Investment Management, LP

Fundamental diversified ★Signal CIK 1556915
League rank
#895
in Fundamental diversified · #7214 overall
Long book
$3.05B
Q1 2026
Positions
109
Top-10 weight
71%
concentration
Last quarter
+2.3%
SPY +14.8%
Turnover
28%
of book per quarter

Strategy in plain words

auto-generated from filings

ARGA Investment Management, LP is a diversified fundamental manager, running a $3.05B US long book across 109 positions.

The portfolio is concentrated: the top 10 names carry 71% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: XP INC - CLASS A, PETROLEO BRASILEIRO-SPON ADR, BANCO BRADESCO-ADR, MAGNA INTERNATIONAL INC, TAIWAN SEMICONDUCTOR-SP ADR.

Over the last 9 quarters its long book ran on average 0.7pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.5%
Q2 2024
+10.7%
Q3 2024
+0.5%
Q4 2024
-0.8%
Q1 2025
+11.6%
Q2 2025
+13.8%
Q3 2025
+3.0%
Q4 2025
+5.4%
Q1 2026
+2.3%

Sector allocation

Financials
33%
Industrials
18%
Services media
12%
Energy
12%
Technology
7%
Other
4%
Consumer discretionary
4%
Materials
3%

Long book by quarter

$2.98B
Q1 2024
$2.85B
Q2 2024
$3.02B
Q3 2024
$3.06B
Q4 2024
$2.99B
Q1 2025
$3.66B
Q2 2025
$3.77B
Q3 2025
$3.67B
Q4 2025
$3.05B
Q1 2026

What does ARGA Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
XP XP INC - CLASS AFinancials20.7M$394.1M12.9%+4.0%
MGA MAGNA INTERNATIONAL INCIndustrials3.8M$210.6M6.9%-10.1%
LVS LAS VEGAS SANDS CORPServices media3.7M$202.0M6.6%+10.1%
TTE TOTALENERGIES SEEnergy1.2M$111.1M3.6%+139.6%
ELV ELEVANCE HEALTH INCFinancials205.1K$60.0M2.0%-26.2%
GLOB GLOBANT SATechnology1.1M$51.0M1.7%-45.5%
ARW ARROW ELECTRONICS INCConsumer discretionary333.3K$47.8M1.6%-3.0%
NXPI NXP SEMICONDUCTORS NVTechnology228.0K$44.9M1.5%-12.7%
PTEN PATTERSON-UTI ENERGY INCEnergy3.9M$42.3M1.4%-2.6%
HUM HUMANA INCFinancials230.1K$39.9M1.3%+3.1%
TROW T ROWE PRICE GROUP INCFinancials441.9K$39.8M1.3%+8.7%
AA ALCOA CORPIndustrials598.0K$39.7M1.3%-13.2%
CMCSA COMCAST CORP-CLASS ACommunications1.4M$39.0M1.3%+19080.0%
BF/B BROWN-FORMAN CORP-CLASS BConsumer staples1.4M$36.9M1.2%New
MHK MOHAWK INDUSTRIES INCOther353.4K$34.8M1.1%+36.1%
HAL HALLIBURTON COEnergy890.0K$34.7M1.1%+10.7%
DOW DOW INCMaterials729.5K$30.4M1.0%+11.4%
MRK MERCK & CO. INC.Healthcare251.5K$30.2M1.0%-15.5%
LCII LCI INDUSTRIESIndustrials227.5K$28.0M0.9%-12.5%
SWKS SKYWORKS SOLUTIONS INCTechnology366.2K$19.6M0.6%New
SON SONOCO PRODUCTS COOther347.9K$18.8M0.6%+608.5%
OC OWENS CORNINGIndustrials161.6K$17.5M0.6%New
CNC CENTENE CORPFinancials480.0K$15.7M0.5%-20.2%
SLGN SILGAN HOLDINGS INCIndustrials307.8K$11.9M0.4%New
FMC FMC CORPMaterials661.4K$11.4M0.4%+1092.8%
BBWI BATH & BODY WORKS INCConsumer discretionary545.5K$10.2M0.3%-12.0%
CNQ CANADIAN NATURAL RESOURCESEnergy134.7K$6.6M0.2%-7.6%
RY ROYAL BANK OF CANADAFinancials31.8K$5.1M0.2%Held
LYB LYONDELLBASELL INDU-CL AOther49.9K$4.0M0.1%-34.7%
ACLS AXCELIS TECHNOLOGIES INCIndustrials41.4K$3.9M0.1%+123.4%
NTR NUTRIEN LTDOther42.7K$3.2M0.1%-99.2%
UBS UBS GROUP AG-REGFinancials75.3K$2.9M0.1%-19.2%
CNI CANADIAN NATL RAILWAY COIndustrials26.8K$2.8M0.1%+32.4%
AVT AVNET INCConsumer discretionary44.4K$2.7M0.1%Held
ICHR ICHOR HOLDINGS LTDTechnology58.4K$2.7M0.1%Held
CPRI CAPRI HOLDINGS LTDOther153.6K$2.7M0.1%+0.1%
CRC CALIFORNIA RESOURCES CORPEnergy37.5K$2.6M0.1%Held
ONTO ONTO INNOVATION INCOther12.3K$2.5M0.1%Held
WCC WESCO INTERNATIONAL INCConsumer discretionary8.3K$2.3M0.1%-34.8%
COLB COLUMBIA BANKING SYSTEM INCFinancials82.8K$2.3M0.1%-8.1%
AZN ASTRAZENECA PLCHealthcare11.6K$2.3M0.1%New
RNR RENAISSANCERE HOLDINGS LTDFinancials7.6K$2.3M0.1%New
ASO ACADEMY SPORTS & OUTDOORS INConsumer discretionary39.3K$2.2M0.1%Held
AER AERCAP HOLDINGS NVServices media16.0K$2.2M0.1%+0.9%
INMD INMODE LTDHealthcare143.7K$2.0M0.1%Held
CZR CAESARS ENTERTAINMENT INCServices media73.5K$1.9M0.1%Held
BCC BOISE CASCADE COConsumer discretionary25.2K$1.9M0.1%+6.2%
MAN MANPOWERGROUP INCServices media64.1K$1.9M0.1%-89.5%
OLN OLIN CORPMaterials61.3K$1.8M0.1%+2.5%
CHRD CHORD ENERGY CORPEnergy11.9K$1.7M0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 30, 2026109$3.05B canonicalSEC ↗
Q4 202513F-HRJan 30, 2026110$3.67B canonicalSEC ↗
Q3 202513F-HROct 31, 2025110$3.77B canonicalSEC ↗
Q2 202513F-HRJul 31, 2025123$3.66B canonicalSEC ↗
Q1 202513F-HRApr 30, 2025121$2.99B canonicalSEC ↗
Q4 202413F-HRJan 27, 2025122$3.06B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024128$3.02B canonicalSEC ↗
Q2 202413F-HRJul 31, 2024128$2.85B canonicalSEC ↗
Q1 202413F-HRApr 12, 2024138$2.98B canonicalSEC ↗