WFM Asia (bvi) portfolio

What changed this quarter

5 positions with a change (1 new, 2 trimmed, 2 sold). 5 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• ACM Research+18.6 ppof portfolioNew
  — → 18.6%
• GDS Holdings−7.7 ppof portfolioSold out
  8.1% → —
• PayPay−3.9 ppof portfolioSold out
  4.1% → —
• Atour Lifestyle Holdings−15%fewer sharesReduced
  21.4% → 15.0%
• Full Truck Alliance−3.0%fewer sharesReduced
  19.2% → 17.4%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• GRAB HoldingsGRAB24.5%Since Q3 2023 · 12 quartersDetails ▾
• SeaSE24.5%Since Q2 2018 · 33 quartersDetails ▾
• ACM ResearchACMR18.6%Since Q2 2026 · 1 quarterDetails ▾
• Full Truck AllianceYMM17.4%Since Q4 2021 · 19 quartersDetails ▾
• Atour Lifestyle HoldingsATAT15.0%Since Q1 2025 · 6 quartersDetails ▾

“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.