ARGA Emerging Markets Value Fund

Fund Profile

Fund profile

Tickers

ARMIX

Fund manager

Advisors' Inner Circle Fund III

Total assets

$840.38 mm

Liabilities

$2.07 mm

Net assets

$838.32 mm

Number of holdings

62.00

62 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
GREE ELECTRIC APPLIANCES I-A COMMON STOCK	38.08 mm	5.57 mm shares	4.54	Common equity	Long	China
TENCENT HOLDINGS LTD COMMON STOCK	34.69 mm	606.50 k shares	4.14	Common equity	Long	Hong Kong
SK HYNIX INC COMMON STOCK	30.15 mm	225.78 k shares	3.60	Common equity	Long	Korea, Republic of
CHINA OVERSEAS LAND & INVEST COMMON STOCK	26.92 mm	13.15 mm shares	3.21	Common equity	Long	Hong Kong
MTN GROUP LTD COMMON STOCK	25.16 mm	4.73 mm shares	3.00	Common equity	Long	South Africa
YAGEO CORPORATION COMMON STOCK	24.32 mm	1.24 mm shares	2.90	Common equity	Long	Taiwan
BANCO BRADESCO S.A. COMMON STOCK	23.76 mm	9.86 mm shares	2.83	Common equity	Long	Brazil
HDFC BANK LIMITED COMMON STOCK	23.63 mm	1.14 mm shares	2.82	Common equity	Long	India
SAMSUNG ELECTRONICS CO LTD COMMON STOCK	23.56 mm	501.01 k shares	2.81	Common equity	Long	Korea, Republic of
NASPERS LTD-N SHS COMMON STOCK	22.01 mm	90.65 k shares	2.63	Common equity	Long	South Africa
PING AN INSURANCE GROUP CO-H COMMON STOCK	21.65 mm	3.36 mm shares	2.58	Common equity	Long	Hong Kong
TRIP.COM GROUP LTD-ADR DEPOSITARY RECEIPT	21.45 mm	360.85 k shares	2.56	Common equity	Long	USA
BEIJING NEW BUILDING MATER-A COMMON STOCK	19.45 mm	4.14 mm shares	2.32	Common equity	Long	China
TSM Taiwan Semiconductor Manufacturing Company Limited	16.68 mm	96.07 k shares	1.99	Common equity	Long	USA
TAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK	16.66 mm	551.00 k shares	1.99	Common equity	Long	Taiwan
KASIKORNBANK PCL-FOREIGN COMMON STOCK	16.50 mm	3.54 mm shares	1.97	Common equity	Long	Thailand
WH GROUP LTD COMMON STOCK	16.36 mm	20.64 mm shares	1.95	Common equity	Long	Hong Kong
HENGLI PETROCHEMICAL CO L-A COMMON STOCK	15.72 mm	7.04 mm shares	1.88	Common equity	Long	China
SANDS CHINA LTD COMMON STOCK	15.63 mm	6.10 mm shares	1.86	Common equity	Long	Hong Kong
BABA Alibaba Group Holding Limited	15.56 mm	146.64 k shares	1.86	Common equity	Long	USA
JIANGSU YANGHE DISTILLERY-A COMMON STOCK	14.74 mm	1.04 mm shares	1.76	Common equity	Long	China
SUNNY OPTICAL TECH COMMON STOCK	14.62 mm	1.98 mm shares	1.74	Common equity	Long	Hong Kong
PBR Petróleo Brasileiro S.A. - Petrobras	14.38 mm	998.13 k shares	1.72	Common equity	Long	USA
GALAXY ENTERTAINMENT GROUP L COMMON STOCK	14.15 mm	2.82 mm shares	1.69	Common equity	Long	Hong Kong
SCB X PCL-FOREIGN COMMON STOCK	14.06 mm	4.15 mm shares	1.68	Common equity	Long	Thailand
ABSA GROUP LTD COMMON STOCK	14.06 mm	1.38 mm shares	1.68	Common equity	Long	South Africa
CHINA JUSHI CO LTD -A COMMON STOCK	13.76 mm	8.21 mm shares	1.64	Common equity	Long	China
LVS Las Vegas Sands Corp.	13.60 mm	270.23 k shares	1.62	Common equity	Long	USA
IND & COMM BK OF CHINA-H COMMON STOCK	13.51 mm	22.63 mm shares	1.61	Common equity	Long	Hong Kong
BEIJING ORIENTAL YUHONG-A COMMON STOCK	11.29 mm	5.74 mm shares	1.35	Common equity	Long	China
OTP BANK PLC COMMON STOCK	11.05 mm	211.37 k shares	1.32	Common equity	Long	Hungary
BAP Credicorp Ltd.	11.04 mm	60.99 k shares	1.32	Common equity	Long	USA
BANCO DO BRASIL S.A. COMMON STOCK	10.91 mm	2.18 mm shares	1.30	Common equity	Long	Brazil
HYUNDAI MOBIS CO LTD COMMON STOCK	10.76 mm	64.72 k shares	1.28	Common equity	Long	Korea, Republic of
CHAILEASE HOLDING CO LTD COMMON STOCK	10.46 mm	2.03 mm shares	1.25	Common equity	Long	Taiwan
MLCO Melco Resorts & Entertainment Limited	10.42 mm	1.34 mm shares	1.24	Common equity	Long	USA
LI NING CO LTD COMMON STOCK	10.07 mm	3.97 mm shares	1.20	Common equity	Long	Hong Kong
LOJAS RENNER S.A. COMMON STOCK	9.83 mm	2.98 mm shares	1.17	Common equity	Long	Brazil
CP ALL PCL-FOREIGN COMMON STOCK	9.68 mm	4.75 mm shares	1.15	Common equity	Long	Thailand
CHINA HONGQIAO GROUP LTD COMMON STOCK	9.30 mm	5.58 mm shares	1.11	Common equity	Long	Hong Kong
KB FINANCIAL GROUP INC COMMON STOCK	8.81 mm	142.48 k shares	1.05	Common equity	Long	Korea, Republic of
CHINA RESOURCES POWER HOLDIN COMMON STOCK	8.81 mm	3.25 mm shares	1.05	Common equity	Long	Hong Kong
SINO BIOPHARMACEUTICAL COMMON STOCK	8.65 mm	18.03 mm shares	1.03	Common equity	Long	Hong Kong
HANA FINANCIAL GROUP COMMON STOCK	8.32 mm	185.15 k shares	0.99	Common equity	Long	Korea, Republic of
BUDWEISER BREWING CO APAC LT COMMON STOCK	8.31 mm	6.17 mm shares	0.99	Common equity	Long	Hong Kong
VALE SA COMMON STOCK	8.13 mm	695.60 k shares	0.97	Common equity	Long	Brazil
SITC INTERNATIONAL HOLDINGS COMMON STOCK	8.10 mm	3.00 mm shares	0.97	Common equity	Long	Hong Kong
DB INSURANCE CO LTD COMMON STOCK	7.79 mm	90.75 k shares	0.93	Common equity	Long	Korea, Republic of
ATACADAO SA COMMON STOCK	7.67 mm	4.51 mm shares	0.92	Common equity	Long	Brazil
MANAPPURAM FINANCE LTD COMMON STOCK	7.49 mm	3.12 mm shares	0.89	Common equity	Long	India
SENDAS DISTRIBUIDORA SA COMMON STOCK	7.46 mm	5.41 mm shares	0.89	Common equity	Long	Brazil
HINDALCO INDUSTRIES LTD COMMON STOCK	7.09 mm	785.98 k shares	0.85	Common equity	Long	India
PICC PROPERTY & CASUALTY-H COMMON STOCK	6.80 mm	4.59 mm shares	0.81	Common equity	Long	Hong Kong
ALIBABA GROUP HOLDING LTD COMMON STOCK	5.63 mm	398.10 k shares	0.67	Common equity	Long	Hong Kong
JBS SA COMMON STOCK	5.50 mm	948.40 k shares	0.66	Common equity	Long	Brazil
WONIK IPS CO LTD COMMON STOCK	4.27 mm	179.92 k shares	0.51	Common equity	Long	Korea, Republic of
ZHEN DING TECHNOLOGY HOLDING COMMON STOCK	4.01 mm	1.12 mm shares	0.48	Common equity	Long	Taiwan
CHINA MERCHANTS PORT HOLDING COMMON STOCK	247.60 k	155.48 k shares	0.03	Common equity	Long	Hong Kong
FX Forward Contract: USD/HKD SETTLE 2024-10-02 BROWN BROTHERS HARRIMAN & CO.	162.79	1.00 contracts	0.00	DFE	N/A	USA
FX Forward Contract: USD/BRL SETTLE 2024-10-01 BROWN BROTHERS HARRIMAN & CO.	84.67	1.00 contracts	0.00	DFE	N/A	USA
ALROSA PJSC COMMON STOCK	0.54	506.08 k shares	0.00	Common equity	Long	Russian Federation
WTAX FEE 10%	0	1.00 principal	0.00	Debt	Long	USA