GQG Partners Emerging Markets Equity Fund

Fund Profile

Fund profile

Tickers

GQGPX, GQGIX, GQGRX

Fund manager

Advisors' Inner Circle Fund III

Total assets

$23.60 bn

Liabilities

$627.27 mm

Net assets

$22.97 bn

Number of holdings

86.00

86 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
ITC LTD COMMON STOCK	1.42 bn	228.85 mm shares	6.16	Common equity	Long	India
BROWN BROTHERS HARRIMAN SWEEP INTEREST	1.29 bn	1.29 bn principal	5.62	Short-term investment vehicle	Long	USA
TAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK	1.04 bn	34.46 mm shares	4.54	Common equity	Long	Taiwan
PBR Petróleo Brasileiro S.A. - Petrobras	783.79 mm	54.39 mm shares	3.41	Common equity	Long	USA
TSM Taiwan Semiconductor Manufacturing Company Limited	773.96 mm	4.46 mm shares	3.37	Common equity	Long	USA
TOTALENERGIES SE COMMON STOCK	714.71 mm	10.95 mm shares	3.11	Common equity	Long	France
ADANI ENTERPRISES LTD COMMON STOCK	620.39 mm	16.58 mm shares	2.70	Common equity	Long	India
TENCENT HOLDINGS LTD COMMON STOCK	618.32 mm	10.80 mm shares	2.69	Common equity	Long	Hong Kong
ADANI GREEN ENERGY LTD COMMON STOCK	582.53 mm	25.66 mm shares	2.54	Common equity	Long	India
MELI MercadoLibre, Inc.	575.84 mm	280.63 k shares	2.51	Common equity	Long	USA
BANK MANDIRI PERSERO TBK PT COMMON STOCK	566.07 mm	1.24 bn shares	2.46	Common equity	Long	Indonesia
BANK CENTRAL ASIA TBK PT COMMON STOCK	552.45 mm	810.08 mm shares	2.41	Common equity	Long	Indonesia
ADANI PORTS AND SPECIAL ECON COMMON STOCK	544.08 mm	31.48 mm shares	2.37	Common equity	Long	India
ADANI POWER LTD COMMON STOCK	531.66 mm	67.90 mm shares	2.31	Common equity	Long	India
CL Colgate-Palmolive Company	521.24 mm	5.02 mm shares	2.27	Common equity	Long	USA
INTL HOLDING CO PJSC COMMON STOCK	516.49 mm	4.66 mm shares	2.25	Common equity	Long	United Arab Emirates
PETROLEO BRASILEIRO SA PREFERRED STOCK	494.99 mm	74.71 mm shares	2.16	Preferred equity	Long	Brazil
SUN PHARMACEUTICAL INDUS COMMON STOCK	489.86 mm	21.31 mm shares	2.13	Common equity	Long	India
STATE BANK OF INDIA COMMON STOCK	474.78 mm	50.50 mm shares	2.07	Common equity	Long	India
Itau Unibanco Holding SA PREFERRED STOCK	464.80 mm	69.75 mm shares	2.02	Preferred equity	Long	Brazil
PETROCHINA CO LTD-H COMMON STOCK	447.03 mm	547.68 mm shares	1.95	Common equity	Long	Hong Kong
CHINA CONSTRUCTION BANK-H COMMON STOCK	441.54 mm	583.28 mm shares	1.92	Common equity	Long	Hong Kong
ICICI BANK LTD COMMON STOCK	434.26 mm	28.59 mm shares	1.89	Common equity	Long	India
CHINA SHENHUA ENERGY CO-H COMMON STOCK	423.49 mm	93.85 mm shares	1.84	Common equity	Long	Hong Kong
XOM Exxon Mobil Corporation	411.53 mm	3.51 mm shares	1.79	Common equity	Long	USA
AMBUJA CEMENTS LTD COMMON STOCK	380.55 mm	50.42 mm shares	1.66	Common equity	Long	India
BHARTI AIRTEL LTD COMMON STOCK	372.40 mm	18.25 mm shares	1.62	Common equity	Long	India
SAUDI ARABIAN OIL CO COMMON STOCK	371.04 mm	51.36 mm shares	1.62	Common equity	Long	Saudi Arabia
META Meta Platforms, Inc.	368.99 mm	644.59 k shares	1.61	Common equity	Long	USA
BANCO BTG PACTUAL SA-UNIT UNIT	346.12 mm	56.30 mm shares	1.51	Common equity	Long	Brazil
KO The Coca-Cola Company	344.59 mm	4.80 mm shares	1.50	Common equity	Long	USA
NTPC LTD COMMON STOCK	309.62 mm	58.54 mm shares	1.35	Common equity	Long	India
IND & COMM BK OF CHINA-H COMMON STOCK	276.37 mm	462.65 mm shares	1.20	Common equity	Long	Hong Kong
TRIP.COM GROUP LTD-ADR DEPOSITARY RECEIPT	275.35 mm	4.63 mm shares	1.20	Common equity	Long	USA
ADANI ENERGY SOLUTIONS LTD COMMON STOCK	273.20 mm	22.68 mm shares	1.19	Common equity	Long	India
PATANJALI FOODS LTD COMMON STOCK	269.41 mm	13.41 mm shares	1.17	Common equity	Long	India
SINGAPORE TELECOMMUNICATIONS COMMON STOCK	239.91 mm	94.93 mm shares	1.04	Common equity	Long	Singapore
CENTRAIS ELETRICAS BRASILIER COMMON STOCK	215.97 mm	29.93 mm shares	0.94	Common equity	Long	Brazil
UN Unilever N V	215.65 mm	3.32 mm shares	0.94	Common equity	Long	USA
JSW STEEL LTD COMMON STOCK	213.59 mm	17.38 mm shares	0.93	Common equity	Long	India
JSW ENERGY LTD COMMON STOCK	199.90 mm	22.85 mm shares	0.87	Common equity	Long	India
GMR AIRPORTS INFRASTRUCTURE COMMON STOCK	192.51 mm	171.51 mm shares	0.84	Common equity	Long	India
DBS GROUP HOLDINGS LTD COMMON STOCK	185.26 mm	6.24 mm shares	0.81	Common equity	Long	Singapore
MACROTECH DEVELOPERS LTD COMMON STOCK	174.58 mm	11.85 mm shares	0.76	Common equity	Long	India
BANCO DO BRASIL S.A. COMMON STOCK	174.55 mm	34.84 mm shares	0.76	Common equity	Long	Brazil
AL RAJHI BANK COMMON STOCK	170.06 mm	7.32 mm shares	0.74	Common equity	Long	Saudi Arabia
ASML HOLDING NV COMMON STOCK	165.79 mm	199.24 k shares	0.72	Common equity	Long	Netherlands
ZIJIN MINING GROUP CO LTD-A COMMON STOCK	160.32 mm	62.01 mm shares	0.70	Common equity	Long	China
IDFC FIRST BANK LTD COMMON STOCK	147.41 mm	166.15 mm shares	0.64	Common equity	Long	India
TRENT LTD COMMON STOCK	146.30 mm	1.62 mm shares	0.64	Common equity	Long	India
ADNOC GAS PLC COMMON STOCK	125.16 mm	144.57 mm shares	0.54	Common equity	Long	United Arab Emirates
NVDA NVIDIA Corporation	118.83 mm	978.52 k shares	0.52	Common equity	Long	USA
KSPI Joint Stock Company Kaspi.kz	118.42 mm	1.12 mm shares	0.52	Common equity	Long	USA
COAL INDIA LTD COMMON STOCK	108.61 mm	17.84 mm shares	0.47	Common equity	Long	India
BUPA ARABIA FOR COOPERATIVE COMMON STOCK	105.85 mm	1.92 mm shares	0.46	Common equity	Long	Saudi Arabia
VALE SA-SP ADR DEPOSITARY RECEIPT	100.84 mm	8.63 mm shares	0.44	Common equity	Long	USA
VODAFONE IDEA LTD COMMON STOCK	89.73 mm	725.83 mm shares	0.39	Common equity	Long	India
ALDAR PROPERTIES PJSC COMMON STOCK	82.83 mm	40.46 mm shares	0.36	Common equity	Long	United Arab Emirates
OVERSEA-CHINESE BANKING CORP COMMON STOCK	73.82 mm	6.27 mm shares	0.32	Common equity	Long	Singapore
VALE SA COMMON STOCK	72.19 mm	6.17 mm shares	0.31	Common equity	Long	Brazil
ZIJIN MINING GROUP CO LTD-A COMMON STOCK	69.66 mm	26.94 mm shares	0.30	Common equity	Long	China
MAX HEALTHCARE INSTITUTE LTD COMMON STOCK	55.61 mm	4.73 mm shares	0.24	Common equity	Long	India
ABEV Ambev S.A.	50.91 mm	20.87 mm shares	0.22	Common equity	Long	USA
HDB HDFC Bank Limited	50.70 mm	810.44 k shares	0.22	Common equity	Long	USA
EC Ecopetrol S.A.	50.46 mm	5.65 mm shares	0.22	Common equity	Long	USA
CO FOR COOPERATIVE INSURANCE COMMON STOCK	49.75 mm	1.26 mm shares	0.22	Common equity	Long	Saudi Arabia
CIA PARANAENSE DE ENERGIA	41.57 mm	24.71 mm shares	0.18	Common equity	Long	Brazil
ALUMINUM CORP OF CHINA LTD-A COMMON STOCK	41.25 mm	32.52 mm shares	0.18	Common equity	Long	China
NATIONAL BANK OF GREECE COMMON STOCK	25.40 mm	2.97 mm shares	0.11	Common equity	Long	Greece
PICC PROPERTY & CASUALTY-H COMMON STOCK	23.41 mm	15.79 mm shares	0.10	Common equity	Long	Hong Kong
ZIJIN MINING GROUP CO LTD-H COMMON STOCK	22.70 mm	9.99 mm shares	0.10	Common equity	Long	Hong Kong
ADNOC LOGISTICS & SERVICES COMMON STOCK	12.61 mm	8.65 mm shares	0.05	Common equity	Long	United Arab Emirates
AMERICA MOVIL SAB DE C-SER B COMMON STOCK	10.27 mm	12.45 mm shares	0.04	Common equity	Long	Mexico
ASML ASML Holding N.V.	9.14 mm	10.97 k shares	0.04	Common equity	Long	USA
YPF YPF Sociedad Anónima	1.47 mm	69.22 k shares	0.01	Common equity	Long	USA
FX Forward Contract: HKD/USD SETTLE 2024-10-02 BROWN BROTHERS HARRIMAN & CO.	13.53 k	1.00 contracts	0.00	DFE	N/A	Hong Kong
GAZPROM PJSC COMMON STOCK	3.24 k	30.14 mm shares	0.00	Common equity	Long	Russian Federation
ROSNEFT OIL CO PJSC COMMON STOCK	2.53 k	23.57 mm shares	0.00	Common equity	Long	Russian Federation
FX Forward Contract: USD/BRL SETTLE 2024-10-01 BROWN BROTHERS HARRIMAN & CO.	999.83	1.00 contracts	0.00	DFE	N/A	USA
LUKOIL PJSC COMMON STOCK	224.21	2.09 mm shares	0.00	Common equity	Long	Russian Federation
MMC NORILSK NICKEL PJSC COMMON STOCK	167.04	1.56 mm shares	0.00	Common equity	Long	Russian Federation
SOLIDCORE RESOURCES PLC COMMON STOCK	100.90	939.65 k shares	0.00	Common equity	Long	Russian Federation
SEVERSTAL PJSC COMMON STOCK	82.94	772.41 k shares	0.00	Common equity	Long	Russian Federation
POLYUS PJSC COMMON STOCK	45.79	426.42 k shares	0.00	Common equity	Long	Russian Federation
WTAX FEE 10%	0	1.00 principal	0.00	Debt	Long	USA
FX Forward Contract: USD/EUR SETTLE 2024-10-01 BROWN BROTHERS HARRIMAN & CO.	-402.95	1.00 contracts	-0.00	DFE	N/A	USA