Aubrey Capital Management Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), Aubrey Capital Management Ltd reported 52 stock positions worth $249.0 million. Its top holding was MercadoLibre (MELI) at 11.6% of the portfolio, followed by Sea Ltd.-ADR (SE, 10.8%) and Trip.com Group Ltd.-ADR (TCOM, 8.2%). Compared with Q4 2024, it opened 9 new positions, sold out of 8, added to 5 and reduced 29. The biggest buy was a new position in Didi Global (DIDIY) and the biggest sale Makemytrip (MMYT, shares −42%).
- Most Recent 13F
- Q2 2026
- Location
- EDINBURGH, X0
- CIK
- 0001730754
- Portfolio Value
- $249.0M (Q1 2025)
- SEC Filing
- 0001730754-25-000004 ↗ filed Apr 16, 2025
Holdings Value
Holdings 52 stocks · $249.0M
| MELI MercadoLibre Inc. | 11.59% | 14,793 | $28.9M | Reduce -3.9% |
| SE Sea Ltd.-ADR | 10.83% | 206,600 | $27.0M | Reduce -4.7% |
| TCOM Trip.com Group Ltd.-ADR | 8.19% | 320,740 | $20.4M | Reduce -3.8% |
| GRAB Grab Holdings Ltd. Class A | 7.34% | 4,036,400 | $18.3M | Reduce -3.0% |
| IBN Icici Bank Ltd.-Spon ADR | 6.19% | 488,780 | $15.4M | Reduce -4.6% |
| MMYT Makemytrip Ltd. | 5.40% | 137,320 | $13.5M | Reduce -41.5% |
| DIDIY Didi Global Inc. | 4.90% | 2,521,000 | $12.2M | New |
| BABA Alibaba Group Holding-SP ADR | 3.58% | 67,400 | $8.9M | Reduce -55.3% |
| LTM Latam Airlines Group SA-ADR | 3.54% | 281,400 | $8.8M | New |
| EMBJ Embraer SA-Spon ADR | 2.57% | 138,600 | $6.4M | New |
| IDCC Interdigital Inc. | 2.03% | 24,400 | $5.0M | Reduce -12.5% |
| BSX Boston Scientific Corp. | 1.78% | 44,000 | $4.4M | Reduce -13.0% |
| AXON Axon Enterprise Inc. | 1.67% | 7,900 | $4.2M | Reduce -13.2% |
| INTU Intuit Inc. | 1.65% | 8,300 | $4.1M | No change |
| SPOT Spotify Technology SA | 1.61% | 7,300 | $4.0M | Reduce -27.0% |
| NFLX Netflix Inc. | 1.57% | 4,200 | $3.9M | Reduce -16.0% |
| PGR Progressive Corp. | 1.51% | 13,300 | $3.8M | Reduce -5.7% |
| BKNG Booking Holdings Inc. | 1.48% | 800 | $3.7M | Reduce -11.1% |
| WAY Waystar Holding Corp. | 1.43% | 95,000 | $3.5M | Add +11.8% |
| UBER Uber Technologies Inc. | 1.41% | 48,200 | $3.5M | Reduce -7.1% |
| META Meta Platforms Inc. Class A | 1.39% | 6,000 | $3.5M | Reduce -22.1% |
| FIX Comfort Systems USA Inc. | 1.39% | 10,700 | $3.5M | Reduce -19.6% |
| AVGO Broadcom Inc. | 1.32% | 19,600 | $3.3M | Reduce -12.5% |
| ROAD Construction Partners Inc. Class A | 1.31% | 45,500 | $3.3M | Reduce -13.7% |
| DUOL Duolingo | 1.31% | 10,500 | $3.3M | Reduce -13.9% |
| SN Sharkninja Inc. | 1.28% | 38,300 | $3.2M | Reduce -6.8% |
| NVDA Nvidia Corp. | 1.26% | 29,000 | $3.1M | Reduce -7.6% |
| PWR Quanta Services Inc. | 1.10% | 10,800 | $2.7M | Reduce -9.2% |
| AMZN Amazon.com Inc. | 1.06% | 13,900 | $2.6M | New |
| NOW ServiceNow Inc. | 0.93% | 2,900 | $2.3M | Reduce -9.4% |
| HQY Healthequity Inc. | 0.92% | 26,000 | $2.3M | New |
| TDG Transdigm Group Inc. | 0.83% | 1,500 | $2.1M | New |
| BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN | 0.75% | 42,000 | $1.9M | New |
| BOPCF Biopharma Credit PLC | 0.63% | 1,767,072 | $1.6M | Add +14.9% |
| HDB HDFC Bank Ltd.-ADR | 0.52% | 19,484 | $1.3M | Add +22.5% |
| AU Anglogold Ashanti PLC | 0.49% | 33,020 | $1.2M | Reduce -34.5% |
| AGNC AGNC Investment Corp. | 0.41% | 106,100 | $1.0M | Add +44.4% |
| FNV Franco-Nevada Corp. | 0.37% | 5,889 | $916K | Reduce -36.4% |
| INCO Columbia India Consumer ETF | 0.33% | 13,955 | $831K | Reduce -42.5% |
| RGLD Royal Gold Inc. | 0.28% | 4,369 | $709K | Reduce -24.2% |
| STWD Starwood Property Trust Inc. | 0.25% | 31,000 | $615K | No change |
| BWXT BWX Technologies Inc. | 0.23% | 5,900 | $585K | New |
| NEM Newmont Corp. | 0.22% | 11,614 | $558K | No change |
| INDA iShares MSCI India ETF | 0.21% | 10,287 | $530K | No change |
| VIST Vista Energy Sab DE CV | 0.18% | 9,206 | $437K | No change |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.14% | 42,690 | $347K | No change |
| PSN Parsons Corp. | 0.14% | 5,690 | $338K | New |
| TDY Teledyne Technologies Inc. | 0.12% | 589 | $292K | No change |
| ELF Elf Beauty Inc. | 0.11% | 4,404 | $285K | No change |
| NATKY Nac Kazatomprom JSC-GDR Regs | 0.11% | 8,531 | $283K | No change |
| AUTL Autolus Therapeutics PLC | 0.08% | 119,998 | $197K | Add +41.5% |
| B Barrick Gold Corp. | 0.04% | 4,709 | $92K | Reduce -20.3% |
Portfolio Sells Q4 2024 → Q1 2025
| MMYT Makemytrip Ltd. | Reduce -41.5% | 5.40% | −4.58 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −2.16 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −1.60 |
| CLH Clean Harbors Inc. | Sold out | 0.00% | −1.59 |
| CTAS Cintas Corp. | Sold out | 0.00% | −1.31 |
| BABA Alibaba Group Holding-SP ADR | Reduce -55.3% | 3.58% | −1.27 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −1.06 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −1.05 |
| FIX Comfort Systems USA Inc. | Reduce -19.6% | 1.39% | −0.75 |
| AVGO Broadcom Inc. | Reduce -12.5% | 1.32% | −0.65 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -3.8% | 8.19% | −0.48 |
| ROAD Construction Partners Inc. Class A | Reduce -13.7% | 1.31% | −0.45 |
| AXON Axon Enterprise Inc. | Reduce -13.2% | 1.67% | −0.38 |
| NOW ServiceNow Inc. | Reduce -9.4% | 0.93% | −0.36 |
| NVDA Nvidia Corp. | Reduce -7.6% | 1.26% | −0.33 |
| PWR Quanta Services Inc. | Reduce -9.2% | 1.10% | −0.32 |
| META Meta Platforms Inc. Class A | Reduce -22.1% | 1.39% | −0.32 |
| PSTH Pershing Square Tontine -A | Sold out | 0.00% | −0.27 |
| INCO Columbia India Consumer ETF | Reduce -42.5% | 0.33% | −0.26 |
| SN Sharkninja Inc. | Reduce -6.8% | 1.28% | −0.23 |
| BKNG Booking Holdings Inc. | Reduce -11.1% | 1.48% | −0.21 |
| CI The Cigna Group | Sold out | 0.00% | −0.19 |
| DUOL Duolingo | Reduce -13.9% | 1.31% | −0.19 |
| NFLX Netflix Inc. | Reduce -16.0% | 1.57% | −0.12 |
| GRAB Grab Holdings Ltd. Class A | Reduce -3.0% | 7.34% | −0.10 |
| SPOT Spotify Technology SA | Reduce -27.0% | 1.61% | −0.08 |
| FNV Franco-Nevada Corp. | Reduce -36.4% | 0.37% | −0.04 |
| IDCC Interdigital Inc. | Reduce -12.5% | 2.03% | −0.02 |
| RGLD Royal Gold Inc. | Reduce -24.2% | 0.28% | −0.00 |
| B Barrick Gold Corp. | Reduce -20.3% | 0.04% | +0.00 |
| AU Anglogold Ashanti PLC | Reduce -34.5% | 0.49% | +0.05 |
| BSX Boston Scientific Corp. | Reduce -13.0% | 1.78% | +0.07 |
| UBER Uber Technologies Inc. | Reduce -7.1% | 1.41% | +0.23 |
| PGR Progressive Corp. | Reduce -5.7% | 1.51% | +0.23 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -4.6% | 6.19% | +0.39 |
| MELI MercadoLibre Inc. | Reduce -3.9% | 11.59% | +1.68 |
| SE Sea Ltd.-ADR | Reduce -4.7% | 10.83% | +2.12 |
Portfolio Buys Q4 2024 → Q1 2025
| DIDIY Didi Global Inc. | New | 4.90% | +4.90 |
| LTM Latam Airlines Group SA-ADR | New | 3.54% | +3.54 |
| EMBJ Embraer SA-Spon ADR | New | 2.57% | +2.57 |
| AMZN Amazon.com Inc. | New | 1.06% | +1.06 |
| HQY Healthequity Inc. | New | 0.92% | +0.92 |
| TDG Transdigm Group Inc. | New | 0.83% | +0.83 |
| BWIN Baldwin Insurance Group Inc./ | New | 0.75% | +0.75 |
| WAY Waystar Holding Corp. | Add +11.8% | 1.43% | +0.24 |
| BWXT BWX Technologies Inc. | New | 0.23% | +0.23 |
| AGNC AGNC Investment Corp. | Add +44.4% | 0.41% | +0.15 |
| PSN Parsons Corp. | New | 0.14% | +0.14 |
| HDB HDFC Bank Ltd.-ADR | Add +22.5% | 0.52% | +0.13 |
| BOPCF Biopharma Credit PLC | Add +14.9% | 0.63% | +0.11 |
| AUTL Autolus Therapeutics PLC | Add +41.5% | 0.08% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 39 | $159.6M | EMBJ, BABA, LAUR, SSNHZ, PSMT |
| Q1 2026 | 50 | $186.1M | EMBJ, BABA, LTM, HTHT, NU |
| Q4 2025 | 53 | $254.1M | FUTU, EMBJ, NU, LTM, BABA |
| Q3 2025 | 52 | $317.2M | SE, FUTU, GRAB, EMBJ, LTM |
| Q2 2025 | 46 | $275.5M | MELI, SE, GRAB, IBN, LTM |
| Q1 2025 | 52 | $249.0M | MELI, SE, TCOM, GRAB, IBN |
| Q4 2024 | 51 | $264.0M | MMYT, MELI, SE, TCOM, GRAB |
| Q3 2024 | 60 | $259.2M | MELI, MMYT, TCOM, SE, IBN |
| Q2 2024 | 67 | $250.3M | MMYT, MELI, IBN, TCOM, TME |
| Q1 2024 | 65 | $282.2M | MMYT, MELI, EDU, TCOM, FMX |