Q2 2026 13F · SEC CIK 1992110

Ramirez Asset Management, Inc.

Institutional asset managerFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $959.9M
Reported positions: 358
Top holdings a year, 3 yrs: +31.2%
Assets under management: $12.3B

Ramirez Asset Management, Inc. is an institutional asset manager that reported 358 positions worth $959.9M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Taiwan Semiconductor Manufac (TSM, 7.9%), Jbs N.v. (JBS, 3.0%), Kb Finl Group Inc (KB, 2.7%). A portfolio copying its top holdings returned 31.2% a year over the last 3 years, against 18.8% for the S&P 500.

Ramirez Asset Management, Inc. holdings largest 50 of 358 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Ramirez Asset Management, Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
TSMTaiwan Semiconductor Manufac	7.9%	6.2%	158,462	+8.0%	$75.7M
JBSJbs N.v.	3.0%	3.6%	2,408,909	+43.9%	$28.5M
KBKb Finl Group Inc	2.7%	2.9%	248,305	+5.0%	$26.1M
ENGIYEngie SA Sp ADR	2.1%	2.4%	651,435	+5.9%	$20.5M
ITUBItau Unibanco Hldg S A	2.0%	2.4%	2,387,198	+1.4%	$19.5M
LLYEli Lilly & Co	1.9%	—	15,509	—	$18.6M
SHGShinhan Financial Group Co L	1.8%	1.8%	277,732	+14.8%	$17.6M
AXAHYAXA SA Sp ADR	1.7%	1.6%	332,993	+16.8%	$16.7M
ASXAse Technology Hldg Co Ltd	1.6%	1.3%	348,487	-22.1%	$15.7M
SAPGFSap SE	1.6%	0.7%	101,630	+184.9%	$15.7M
SWSmurfit Westrock PLC F	1.5%	1.5%	312,251	-0.9%	$14.4M
AUAnglogold Ashanti PLC	1.5%	0.8%	177,428	+146.9%	$14.4M
MFGMizuho Financial Group Inc	1.4%	1.2%	1,400,725	+10.5%	$13.4M
PCRHYPanasonic Hldgs Corp Unsponsor	1.4%	0.8%	470,436	+9.6%	$13.0M
AXIAYCentrais Elet Bras SA	1.3%	—	1,215,086	—	$12.8M
SCBFYStandard Chartered PLC Ads	1.3%	1.1%	236,064	+11.2%	$12.8M
GBOOYGrupo Financiero Banorte SA Ad	1.3%	1.8%	239,568	-13.8%	$12.7M
DTEGYDeutsche Telekom AG ADR	1.3%	1.4%	462,218	+48.0%	$12.6M
LINLinde PLC	1.2%	1.4%	22,578	-2.8%	$11.7M
TCEHYTencent Hldgs Ltd ADR	1.2%	1.2%	204,726	+22.1%	$11.3M
SDZNYSandoz Group Ltd Sponsored ADR	1.1%	1.0%	121,190	+11.1%	$11.0M
SIMOSilicon Motion Technology Co	1.1%	—	32,527	—	$10.8M
CATCaterpillar Inc	1.1%	0.9%	10,110	+0.0%	$10.8M
VEOEYVeolia Environnement Sp ADR	1.1%	1.1%	510,766	+9.7%	$10.6M
SMFGSumitomo Mitsui Fin Grp Inc	1.1%	1.0%	446,780	+10.9%	$10.5M
RACEFerrari N V	1.1%	1.0%	28,011	+13.8%	$10.4M
FUJIYFujifilm Hldgs Corp ADR	1.0%	—	937,876	—	$10.0M
GRABGrab Holdings Limited	1.0%	1.1%	2,639,301	+8.9%	$10.0M
SESea Ltd	1.0%	0.9%	103,795	+12.1%	$9.9M
AVGOBroadcom Inc	1.0%	0.8%	25,329	+14.8%	$9.6M
FJTSYFujitsu Ltd Unsponsored Adr	1.0%	—	465,023	—	$9.3M
NVDANvidia Corporation	1.0%	1.0%	46,011	-0.0%	$9.2M
ISNPYIntesa Sanpaolo Spa ADR	0.9%	0.9%	217,964	+10.7%	$9.0M
SBGSYSchneider Electric SE - ADR	0.9%	0.8%	136,906	+9.2%	$8.9M
CPNGCoupang Inc	0.9%	1.1%	503,623	+9.7%	$8.7M
EMBJEmbraer SA ADR	0.9%	1.0%	132,215	+1.5%	$8.4M
SPOTSpotify Technology SA	0.9%	0.9%	18,344	+14.5%	$8.4M
VCISYVinci SA	0.9%	1.0%	229,602	+2.7%	$8.4M
MSFTMicrosoft Corp	0.9%	0.7%	22,270	+35.9%	$8.3M
SONYSony Group Corp	0.8%	0.8%	404,325	+19.1%	$8.1M
BIPBrookfield Infrastructure Pa	0.8%	—	221,085	—	$8.1M
RNMBYRheinmetall AG Unsponsord ADR	0.8%	1.2%	34,927	+13.9%	$7.9M
WPMWheaton Precious Metals Corp	0.8%	—	69,690	—	$7.8M
SSEZYSse PLC Sponsored ADR	0.8%	0.9%	233,784	+10.5%	$7.6M
JPMJpmorgan Chase & Co	0.8%	0.8%	22,689	-0.0%	$7.4M
VIVTelefonica Brasil SA	0.8%	0.9%	555,891	+17.8%	$7.3M
MIELYMitsubishi Elec Corp (jp)	0.8%	0.7%	101,006	+9.0%	$7.3M
SUZSuzano S A	0.8%	1.1%	939,488	+1.6%	$7.3M
MARUYMarubeni Corp ADR	0.7%	1.4%	228,243	+601.6%	$7.0M
HTHIYHitachi Ltd ADR 2	0.7%	0.8%	245,518	+9.9%	$6.8M

What Ramirez Asset Management, Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +24.4% /yr; S&P 500 +20.1%
3 years: +31.2% /yr; S&P 500 +18.8%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$959.9M	358
Q1 2026	$831.7M	347
Q4 2025	$758.2M	382
Q3 2025	$720.1M	355
Q2 2025	$661.2M	342
Q1 2025	$480.7M	376
Q4 2024	$495.6M	382
Q3 2024	$521.2M	389
Q2 2024	$491.3M	394
Q1 2024	$495.8M	389
Q4 2023	$493.1M	380
Q3 2023	$464.9M	381

Questions about Ramirez Asset Management, Inc.'s portfolio

What stocks does Ramirez Asset Management, Inc. own?

Ramirez Asset Management, Inc.'s latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 358 positions worth $959.9M. The largest are Taiwan Semiconductor Manufac (TSM) at 7.9%, Jbs N.v. (JBS) at 3.0%, Kb Finl Group Inc (KB) at 2.7%, Engie SA Sp ADR (ENGIY) at 2.1% and Itau Unibanco Hldg S A (ITUB) at 2.0%.

What did Ramirez Asset Management, Inc. buy last quarter?

In Q2 2026, Ramirez Asset Management, Inc. added Marubeni Corp ADR (MARUY) (+601.6% shares), Sap SE (SAPGF) (+184.9% shares) and Anglogold Ashanti PLC (AU) (+146.9% shares), compared with its Q1 2026 filing.

What did Ramirez Asset Management, Inc. sell last quarter?

In Q2 2026, Ramirez Asset Management, Inc. cut from its top 50 Cameco Corp (CCJ), cut from its top 50 Coca-Cola Femsa Sab de Cv (KOF), cut from its top 50 Cemex Sab de Cv Spon ADR New (CX), cut from its top 50 Telekomunikasi Ind Sponsored ADR (TLK), cut from its top 50 London Stock Exchange Group Sp (LSEGY), Ase Technology Hldg Co Ltd (ASX) (-22.1% shares) and Grupo Financiero Banorte SA Ad (GBOOY) (-13.8% shares), compared with its Q1 2026 filing.

How has Ramirez Asset Management, Inc.'s portfolio performed?

A portfolio copying Ramirez Asset Management, Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +31.2% a year over the last 3 years, against +18.8% for the S&P 500. Over 1 year: +24.4% against +20.1%.

When is Ramirez Asset Management, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Ramirez Asset Management, Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Ramirez Asset Management, Inc. manage?

Ramirez Asset Management, Inc. reported $12.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $959.9M.