Carrhae Capital 13F: New $65M Stake in ASE Technology (ASX)

Carrhae Capital disclosed a new equity stake in ASE Technology Holding Co., Ltd. ticker ASX, picking up 1,464,677 shares valued at about $65.1 million. The position was revealed in a Form 13F filing with the Securities and Exchange Commission on October 20, 2026. Because this is a brand-new holding for the firm, there were no previous shares reported in the prior period.

ASX ASE Technology Holding Co., Ltd.

$40.80 ▲ +144.46% year to date

1M 3M YTD

Daily close · Oct 19, 2026

What Changed in Carrhae Capital's ASE Technology Position

The fund established a fresh footprint in the semiconductor provider during the quarter, buying up 1,464,677 shares. Based on the market close on the filing date, the total value of the investment sat at approximately $65.1 million.

Other Institutional Activity in ASE Technology

Other major funds also adjusted their positions in the semiconductor stock recently. Lazard Asset Management LLC reduced its holdings by 5,559,269 shares, ending with 7,970,225 shares worth about $324.9 million. Rafferty Asset Management, LLC grew its stake by 1,941,172 shares to hold 5,521,348 shares valued at roughly $225.1 million. American Century Companies Inc cut back by 494,759 shares, finishing with 5,332,790 shares worth about $217.4 million. Acadian Asset Management LLC trimmed 2,453,650 shares from its portfolio, leaving it with 4,916,882 shares valued at roughly $200.5 million.

ASE Technology Holding Co., Ltd. Stock Down 0.1%

ASE Technology shares closed at $40.77 on the filing date. The stock recently changed hands around $40.77, placing it slightly below its 50-day moving average of $41.01 and well above its 200-day moving average of $32.41. The stock has traded between a 52-week low of $12.31 and a 52-week high of $47.93.

Recent Earnings

The company posted trailing twelve month revenue of $711.2 billion alongside earnings of $0.84 per share. Profitability metrics include a net margin of 8.5% and a return on equity of 17.0%. The next earnings update is scheduled for October 29, 2026.

Dividend

ASE Technology pays an annual dividend rate of $0.42 per share, which translates to a dividend yield of 1.02%. The payout ratio stands at 50.0% of earnings.

Insider Buying and Selling at ASE Technology Holding Co., Ltd.

Chief Administration Officer Uang Du-Tsuen parted with 3,000 shares on October 12, 2026, at a price of $752.00 per share, for a total value of $2.3 million.

About ASE Technology

ASE Technology Holding Co., Ltd. operates out of Kaohsiung, Taiwan, providing outsourced semiconductor packaging, testing, and electronic manufacturing services to clients globally. The company supports major tech hardware supply chains with specialized microchip production support.

Bottom Line

Investors will look toward the upcoming earnings release on October 29, 2026, for fresh updates on operations and margins. Institutional flows in ASE Technology will continue to draw attention as quarterly reports roll in.