CIK 1632574
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Commercial Services & Supplies | 51.20% | 3 |
| Hotels, Restaurants & Leisure | 21.44% | 1 |
| Software | 19.24% | 1 |
| Software & IT Services | 8.12% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | GRAB | Grab Holdings Ltd | Industrials | 24.99% |
| 2 | SE | Sea Ltd | Industrials | 22.17% |
| 3 | ATAT | Atour Lifestyle Holdings Ltd | Consumer Discretionary | 21.44% |
| 4 | YMM | Full Truck Alliance Co. Ltd. | Information Technology | 19.24% |
| 5 | GDS | Gds Holdings Ltd | Information Technology | 8.12% |
| 6 | PAYP | PayPay Corp | Industrials | 4.05% |
6/6 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 0.0%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.0% of book weight (0/6 names) · unclassified 100.0%: GRAB, SE, ATAT, YMM, GDS, PAYP. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | GRABGRAB HOLDINGS LIMITED | 43,153,792 | $158M | 25.0% | ADD 15% |
| 2 | SESEA LTD | 1,691,942 | $140M | 22.2% | ADD 12% |
| 3 | ATATATOUR LIFESTYLE HLDGS LTD | 3,680,856 | $135M | 21.4% | ADD 17% |
| 4 | YMMFULL TRUCK ALLIANCE CO LTD | 14,650,662 | $122M | 19.2% | HOLD |
| 5 | GDSGDS HLDGS LTD | 1,274,169 | $51M | 8.1% | NEW |
| 6 | PAYPPAYPAY CORP | 1,200,000 | $26M | 4.1% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| GRABGRAB HOLDINGS LIMITED | 27.9M | 30.4M | 31.2M | 33.5M | 37.7M | 43.2M | $158M |
| SESEA LTD | 2.0M | 2.0M | 1.8M | 1.1M | 1.5M | 1.7M | $140M |
| ATATATOUR LIFESTYLE HLDGS LTD | — | 615K | 1.2M | 1.1M | 3.2M | 3.7M | $135M |
| YMMFULL TRUCK ALLIANCE CO LTD | 20.3M | 18.8M | 18.8M | 18.4M | 14.7M | 14.7M | $122M |
| GDSGDS HLDGS LTD | — | — | — | — | — | 1.3M | $51M |
| PAYPPAYPAY CORP | — | — | — | — | — | 1.2M | $26M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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