TT International Asset Management LTD

Fundamental concentrated ★Signal CIK 1809187
League rank
#982
in Fundamental concentrated · #7389 overall
Long book
$916.0M
Q1 2026
Positions
48
Top-10 weight
74%
concentration
Last quarter
-3.4%
SPY +14.8%
Turnover
56%
of book per quarter

Strategy in plain words

auto-generated from filings

TT International Asset Management LTD is a concentrated fundamental stock-picker, running a $916.0M US long book across 48 positions.

The portfolio is concentrated: the top 10 names carry 74% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ALIBABA GROUP HOLDING-SP ADR, ITAU UNIBANCO H-SPON PRF ADR, ARIS MINING CORP, VISTA ENERGY SAB DE CV, BAIDU INC - SPON ADR.

Over the last 9 quarters its long book ran on average 1.5pp per quarter behind the S&P 500, beating the index in 4 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
+7.2%
Q2 2024
+7.3%
Q3 2024
+15.1%
Q4 2024
-6.2%
Q1 2025
-2.4%
Q2 2025
+1.4%
Q3 2025
+12.3%
Q4 2025
-4.6%
Q1 2026
-3.4%

Sector allocation

Materials
72%
Financials
22%
Services media
1%
Consumer discretionary
1%
Technology
1%
Industrials
1%
Other
1%
Consumer staples
0%

Long book by quarter

$1.08B
Q1 2024
$800.2M
Q2 2024
$814.9M
Q3 2024
$693.7M
Q4 2024
$669.6M
Q1 2025
$524.8M
Q2 2025
$516.4M
Q3 2025
$473.5M
Q4 2025
$916.0M
Q1 2026

What does TT International own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ARIS ARIS MINING CORPMaterials4.1M$76.9M8.4%+422.6%
EGO ELDORADO GOLD CORPMaterials2.0M$67.8M7.4%+162.7%
BAP CREDICORP LTDFinancials160.5K$54.4M5.9%New
BTG B2GOLD CORPMaterials9.5M$42.9M4.7%+211.0%
MMYT MAKEMYTRIP LTDIndustrials78.6K$2.9M0.3%New
TRU TRANSUNIONServices media19.4K$1.3M0.1%+482.7%
LPLA LPL FINANCIAL HOLDINGS INCFinancials4.0K$1.2M0.1%+515.4%
FCN FTI CONSULTING INCServices media6.6K$1.2M0.1%+317.5%
RJF RAYMOND JAMES FINANCIAL INCFinancials8.0K$1.2M0.1%New
ACM AECOMServices media13.3K$1.1M0.1%New
MRVL MARVELL TECHNOLOGY INCTechnology11.0K$1.1M0.1%New
DT DYNATRACE INCTechnology27.6K$1.0M0.1%New
TRMB TRIMBLE INCOther15.0K$978K0.1%New
SFM SPROUTS FARMERS MARKET INCConsumer discretionary12.4K$958K0.1%New
SF STIFEL FINANCIAL CORPFinancials12.5K$922K0.1%+641.1%
MKSI MKS INCTechnology3.8K$865K0.1%New
BLDR BUILDERS FIRSTSOURCE INCConsumer discretionary9.6K$790K0.1%New
QXO QXO INCConsumer discretionary40.4K$784K0.1%+276.0%
WT WISDOMTREE INCFinancials52.7K$768K0.1%New
PAAS PAN AMERICAN SILVER CORPMaterials13.8K$752K0.1%New
SVM SILVERCORP METALS INCMaterials70.0K$752K0.1%New
BLD* TOPBUILD CORP—2.1K$749K0.1%New
BRBR BELLRING BRANDS INCConsumer staples41.7K$671K0.1%New
CDW CDW CORP/DEConsumer discretionary4.7K$570K0.1%New
MRK MERCK & CO. INC.Healthcare2.1K$253K0.0%New
GRAB GRAB HOLDINGS LTD - CL AServices media60.7K$222K0.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 24, 202648$916.0M canonicalSEC ↗
Q4 202513F-HRJan 23, 202641$473.5M $K fixed canonicalSEC ↗
Q3 202513F-HROct 2, 202537$516.4M canonicalSEC ↗
Q2 202513F-HRJul 10, 202549$524.8M canonicalSEC ↗
Q1 202513F-HRApr 22, 202554$669.6M canonicalSEC ↗
Q4 202413F-HR/ARESTATEMENTJun 16, 202659$693.7M canonicalSEC ↗
Q4 202413F-HRJan 13, 202559$693.7M $K fixed SEC ↗
Q3 202413F-HRNov 18, 202457$814.9M $K fixed canonicalSEC ↗
Q2 202413F-HRAug 14, 202455$800.24B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 14, 202444$1.08B $K fixed canonicalSEC ↗

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