Carrhae Capital LLP: EMBRAER S.A. (EMBJ): Quarterly 13F Position History
As of Q2 2026, Carrhae Capital LLP reported 2,029,766 shares of EMBRAER S.A. (EMBJ), worth $129.5M and representing 8.5% of its 13F equity book. Quarter-over-quarter share count change: 858,914 (-29.7%) . The position first appeared in Q4 2024 and has been disclosed across 7 13F-HR filings in Pactolio's tracked window.
- 2,029,766Shares Held (Latest Filing)
- $129.5MReported Market Value (Latest Filing)
- 8.5%Portfolio Weight (% of 13F Equity Book)
- 858,914Quarter-over-Quarter Share Change
- -$41.9MQuarter-over-Quarter Value Change
- 2,888,680Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 7 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 2,029,766 | 858,914 | -29.7% | $129.5M | 8.5% | $63.8 |
| Q1 2026 | 2,888,680 | +1,741,411 | +151.8% | $171.4M | 12.1% | $59.3 |
| Q4 2025 | 1,147,269 | 31,382 | -2.7% | $73.8M | 4.9% | $64.4 |
| Q3 2025 | 1,178,651 | 795,139 | -40.3% | $71.2M | 6.8% | $60.5 |
| Q2 2025 | 1,973,790 | +1,973,790 | — | $112.3M | 10.7% | $56.9 |
| Q1 2025 | 0 | 2,670,740 | -100.0% | $0 | 0.0% | — |
| Q4 2024 | 2,670,740 | — | — | $98.0M | 11.6% | $36.7 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Carrhae Capital LLP first disclose a EMBJ position in 13F-HR filings?
Carrhae Capital LLP first reported EMBRAER S.A. (EMBJ) on its 13F-HR filing for the period ending 2024-12-31 (Q4 2024). The position has appeared on 7 reported quarters within Pactolio's tracked window.
What was Carrhae Capital LLP's most recent quarter-over-quarter share-count change in EMBJ?
Between Q1 2026 and Q2 2026, Carrhae Capital LLP reduced its EMBJ position by 858,914 shares (-29.7%), leaving 2,029,766 shares at a market value of $129.5M.
Does the implied price-per-share represent Carrhae Capital LLP's cost basis in EMBJ?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.