Ashoka WhiteOak Capital Pte Ltd
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 20, 2026), Ashoka WhiteOak Capital Pte Ltd reported 18 stock positions worth $263.5 million. Its top holding was Icici Bank Ltd.-Spon ADR (IBN) at 46.1% of the portfolio, followed by Cognizant Tech Solutions-A (CTSH, 10.7%) and HDFC Bank Ltd.-ADR (HDB, 5.8%). Compared with Q4 2025, it opened 3 new positions, sold out of 2, added to 6 and reduced 7. The biggest buy was a new position in Cognizant Tech Solutions-A (CTSH) and the biggest sale Icici Bank Ltd.-Spon ADR (IBN, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- Singapore, U0
- CIK
- 0002031708
- Portfolio Value
- $263.5M (Q1 2026)
- SEC Filing
- 0001172661-26-001508 ↗ filed Apr 20, 2026
Holdings Value
Holdings 18 stocks · $263.5M
| IBN Icici Bank Ltd.-Spon ADR | 46.15% | 4,782,824 | $121.6M | Reduce -10.4% |
| CTSH Cognizant Tech Solutions-A | 10.68% | 460,170 | $28.1M | New |
| HDB HDFC Bank Ltd.-ADR | 5.76% | 622,880 | $15.2M | Reduce -17.1% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 4.94% | 9,860 | $13.0M | Add +0.8% |
| HCC Warrior Met Coal Inc. | 4.69% | 131,232 | $12.4M | Add +207.2% |
| GLNG Golar LNG Ltd. | 4.68% | 227,830 | $12.3M | New |
| VIST Vista Energy Sab DE CV | 4.55% | 158,785 | $12.0M | New |
| MELI MercadoLibre Inc. | 4.34% | 6,622 | $11.4M | Add +31.5% |
| INFY Infosys Ltd.-SP ADR | 3.15% | 623,700 | $8.3M | Reduce -23.4% |
| TBBB BBB Foods Inc. Class A | 2.63% | 201,528 | $6.9M | Add +40.7% |
| SCCO Southern Copper Corp. | 1.87% | 28,668 | $4.9M | Reduce -23.6% |
| CPNG Coupang Inc. | 1.46% | 210,333 | $3.8M | Reduce -33.1% |
| AUGO Aura Minerals Inc. | 1.35% | 43,660 | $3.6M | Reduce -49.8% |
| BAP Credicorp Ltd. | 1.19% | 9,270 | $3.1M | Add +1.6% |
| GRAB Grab Holdings Ltd. Class A | 1.05% | 787,010 | $2.8M | Add +1.9% |
| PAC Grupo Aeroportuario Pac-ADR | 0.63% | 6,700 | $1.7M | No change |
| YUMC Yum China Holdings Inc. | 0.53% | 28,350 | $1.4M | No change |
| BZ Kanzhun Ltd. - ADR | 0.34% | 67,900 | $906K | Reduce -41.0% |
Portfolio Sells Q4 2025 → Q1 2026
| IBN Icici Bank Ltd.-Spon ADR | Reduce -10.4% | 46.15% | −14.51 |
| HDB HDFC Bank Ltd.-ADR | Reduce -17.1% | 5.76% | −4.66 |
| INFY Infosys Ltd.-SP ADR | Reduce -23.4% | 3.15% | −2.42 |
| CPNG Coupang Inc. | Reduce -33.1% | 1.46% | −1.43 |
| TME Tencent Music Entertainm-ADR | Sold out | 0.00% | −0.85 |
| BZ Kanzhun Ltd. - ADR | Reduce -41.0% | 0.34% | −0.55 |
| AUGO Aura Minerals Inc. | Reduce -49.8% | 1.35% | −0.33 |
| SCCO Southern Copper Corp. | Reduce -23.6% | 1.87% | −0.21 |
| EPAM Epam Systems Inc. | Sold out | 0.00% | −0.13 |
Portfolio Buys Q4 2025 → Q1 2026
| CTSH Cognizant Tech Solutions-A | New | 10.68% | +10.68 |
| GLNG Golar LNG Ltd. | New | 4.68% | +4.68 |
| VIST Vista Energy Sab DE CV | New | 4.55% | +4.55 |
| HCC Warrior Met Coal Inc. | Add +207.2% | 4.69% | +3.25 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.8% | 4.94% | +0.95 |
| TBBB BBB Foods Inc. Class A | Add +40.7% | 2.63% | +0.80 |
| MELI MercadoLibre Inc. | Add +31.5% | 4.34% | +0.47 |
| BAP Credicorp Ltd. | Add +1.6% | 1.19% | +0.19 |
| GRAB Grab Holdings Ltd. Class A | Add +1.9% | 1.05% | −0.44 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $425.3M | PAC, IBN, ASML, CTSH, HDB |
| Q1 2026 | 18 | $263.5M | IBN, CTSH, HDB, ASML, HCC |
| Q4 2025 | 17 | $262.6M | IBN, HDB, INFY, ASML, MELI |
| Q3 2025 | 16 | $257.0M | IBN, HDB, INFY, ASML, MELI |
| Q2 2025 | 16 | $294.4M | IBN, HDB, INFY, ASML, MELI |
| Q1 2025 | 15 | $244.8M | IBN, HDB, INFY, ASML, MELI |
| Q4 2024 | 14 | $181.1M | IBN, INFY, YUMC, TME, MELI |