Aubrey Capital Management Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 4, 2026), Aubrey Capital Management Ltd reported 53 stock positions worth $254.1 million. Its top holding was Futu Holdings Ltd.-ADR (FUTU) at 7.9% of the portfolio, followed by Embraer SA-Spon ADR (EMBJ, 7.9%) and Nu Holdings Ltd./Cayman Isl-A (NU, 7.4%). Compared with Q3 2025, it opened 15 new positions, sold out of 14, added to 13 and reduced 19. The biggest buy was a new position in Nu Holdings Ltd./Cayman Isl-A (NU) and the biggest sale an exit from Sea Ltd.-ADR (SE).
- Most Recent 13F
- Q2 2026
- Location
- EDINBURGH, X0
- CIK
- 0001730754
- Portfolio Value
- $254.1M (Q4 2025)
- SEC Filing
- 0001730754-26-000002 ↗ filed Feb 4, 2026
Holdings Value
Holdings 53 stocks · $254.1M
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 7.95% | 123,000 | $20.2M | Reduce -17.8% |
| EMBJ Embraer SA-Spon ADR | 7.88% | 311,008 | $20.0M | No change |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 7.40% | 1,123,500 | $18.8M | New |
| LTM Latam Airlines Group SA-ADR | 7.28% | 342,653 | $18.5M | Add +1.8% |
| BABA Alibaba Group Holding-SP ADR | 6.13% | 106,300 | $15.6M | Add +79.9% |
| GRAB Grab Holdings Ltd. Class A | 5.99% | 3,052,058 | $15.2M | Reduce -27.1% |
| TCOM Trip.com Group Ltd.-ADR | 5.13% | 181,200 | $13.0M | Add +6.3% |
| HTHT H World Group Ltd.-ADR | 4.70% | 253,900 | $11.9M | New |
| BZ Kanzhun Ltd. - ADR | 4.15% | 517,800 | $10.6M | No change |
| LAUR Laureate Education Inc. | 3.00% | 226,200 | $7.6M | Add +465.5% |
| IDCC Interdigital Inc. | 2.15% | 17,200 | $5.5M | Reduce -26.8% |
| AVGO Broadcom Inc. | 2.08% | 15,300 | $5.3M | Reduce -12.6% |
| FIX Comfort Systems USA Inc. | 2.06% | 5,600 | $5.2M | Reduce -31.7% |
| NTRA Natera Inc. | 1.93% | 21,400 | $4.9M | Add +32.1% |
| NVDA Nvidia Corp. | 1.67% | 22,800 | $4.3M | Reduce -3.0% |
| SNEX Stonex Group Inc. | 1.61% | 43,100 | $4.1M | No change |
| CCJ Cameco Corp. | 1.56% | 43,200 | $4.0M | Reduce -4.8% |
| VIK Viking Holdings Ltd. | 1.51% | 53,600 | $3.8M | No change |
| ROAD Construction Partners Inc. Class A | 1.50% | 35,200 | $3.8M | No change |
| AXON Axon Enterprise Inc. | 1.50% | 6,700 | $3.8M | Reduce -13.0% |
| ANET Arista Networks Inc. | 1.46% | 28,300 | $3.7M | Add +22.0% |
| KRMN Karman Holdings Inc. | 1.45% | 50,400 | $3.7M | New |
| GOOGL Alphabet Inc. Class A | 1.39% | 11,300 | $3.5M | New |
| SPOT Spotify Technology SA | 1.37% | 6,000 | $3.5M | Reduce -20.0% |
| SHOP Shopify Inc. Class A | 1.27% | 20,000 | $3.2M | New |
| BWXT BWX Technologies Inc. | 1.26% | 18,500 | $3.2M | New |
| VRT Vertiv Holdings Co. Class A | 1.24% | 19,400 | $3.1M | New |
| WWD Woodward Inc. | 1.11% | 9,300 | $2.8M | New |
| BOPCF Biopharma Credit PLC | 1.07% | 2,950,990 | $2.7M | Reduce -3.3% |
| PANW Palo Alto Networks Inc. | 1.01% | 14,000 | $2.6M | New |
| PLMR Palomar Holdings Inc. | 0.91% | 17,200 | $2.3M | New |
| GS Goldman Sachs Group Inc. | 0.90% | 2,600 | $2.3M | New |
| ULTA Ulta Beauty Inc. | 0.78% | 3,280 | $2.0M | New |
| RGLD Royal Gold Inc. | 0.65% | 7,313 | $1.6M | Add +8.7% |
| SSNHZ Samsung Electr-GDR Reg S | 0.61% | 750 | $1.5M | New |
| BCH Banco DE Chile-ADR | 0.61% | 40,500 | $1.5M | No change |
| AGNC AGNC Investment Corp. | 0.56% | 132,000 | $1.4M | Reduce -2.4% |
| AU Anglogold Ashanti PLC | 0.56% | 16,411 | $1.4M | Reduce -16.9% |
| HDB HDFC Bank Ltd.-ADR | 0.46% | 32,345 | $1.2M | Add +5.2% |
| INCO Columbia India Consumer ETF | 0.43% | 16,955 | $1.1M | Add +41.8% |
| B Barrick Mining Corp. | 0.40% | 23,259 | $1.0M | Reduce -55.6% |
| STWD Starwood Property Trust Inc. | 0.39% | 53,600 | $994K | Add +12.6% |
| AEM Agnico Eagle Mines Ltd. | 0.36% | 5,294 | $908K | New |
| INDA iShares MSCI India ETF | 0.33% | 15,287 | $826K | Add +48.6% |
| FNV Franco-Nevada Corp. | 0.30% | 3,720 | $774K | Reduce -3.9% |
| BMRN Biomarin Pharmaceutical Inc. | 0.30% | 12,880 | $760K | Add +27.5% |
| NBIX Neurocrine Biosciences Inc. | 0.29% | 5,313 | $749K | Add +42.9% |
| NATKY Nac Kazatomprom JSC-GDR Regs filed as JOINT STOCK COMPANY NATIONAL GDR | 0.28% | 12,793 | $718K | Reduce -3.5% |
| VIST Vista Energy Sab DE CV | 0.28% | 14,579 | $707K | Reduce -3.9% |
| SN Sharkninja Inc. | 0.25% | 5,550 | $630K | Reduce -84.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.24% | 2,000 | $600K | New |
| AUTL Autolus Therapeutics PLC | 0.18% | 225,201 | $445K | Reduce -4.0% |
| IBN Icici Bank Ltd.-Spon ADR | 0.10% | 8,600 | $256K | Reduce -98.0% |
Portfolio Sells Q3 2025 → Q4 2025
| SE Sea Ltd.-ADR | Sold out | 0.00% | −10.02 |
| DIDIY Didi Global Inc. | Sold out | 0.00% | −4.79 |
| CPNG Coupang Inc. | Sold out | 0.00% | −4.77 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −4.15 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -98.0% | 0.10% | −4.07 |
| GRAB Grab Holdings Ltd. Class A | Reduce -27.1% | 5.99% | −1.96 |
| DOCS Doximity Inc. Class A | Sold out | 0.00% | −1.44 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −1.36 |
| NFLX Netflix Inc. | Sold out | 0.00% | −1.36 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −1.33 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −1.18 |
| CHWY Chewy Inc. Class A | Sold out | 0.00% | −1.01 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −0.96 |
| SN Sharkninja Inc. | Reduce -84.7% | 0.25% | −0.93 |
| IDCC Interdigital Inc. | Reduce -26.8% | 2.15% | −0.40 |
| SPOT Spotify Technology SA | Reduce -20.0% | 1.37% | −0.28 |
| FUTU Futu Holdings Ltd.-ADR | Reduce -17.8% | 7.95% | −0.25 |
| AXON Axon Enterprise Inc. | Reduce -13.0% | 1.50% | −0.24 |
| B Barrick Mining Corp. | Reduce -55.6% | 0.40% | −0.14 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.14 |
| ASTH Astrana Health Inc. | Sold out | 0.00% | −0.14 |
| FIX Comfort Systems USA Inc. | Reduce -31.7% | 2.06% | −0.08 |
| TME Tencent Music Entertainm-ADR | Sold out | 0.00% | −0.07 |
| FNV Franco-Nevada Corp. | Reduce -3.9% | 0.30% | +0.04 |
| AUTL Autolus Therapeutics PLC | Reduce -4.0% | 0.18% | +0.06 |
| NATKY Nac Kazatomprom JSC-GDR Regs | Reduce -3.5% | 0.28% | +0.06 |
| VIST Vista Energy Sab DE CV | Reduce -3.9% | 0.28% | +0.11 |
| AU Anglogold Ashanti PLC | Reduce -16.9% | 0.56% | +0.13 |
| AGNC AGNC Investment Corp. | Reduce -2.4% | 0.56% | +0.14 |
| BOPCF Biopharma Credit PLC | Reduce -3.3% | 1.07% | +0.20 |
| AVGO Broadcom Inc. | Reduce -12.6% | 2.08% | +0.26 |
| NVDA Nvidia Corp. | Reduce -3.0% | 1.67% | +0.29 |
| CCJ Cameco Corp. | Reduce -4.8% | 1.56% | +0.36 |
Portfolio Buys Q3 2025 → Q4 2025
| NU Nu Holdings Ltd./Cayman Isl-A | New | 7.40% | +7.40 |
| HTHT H World Group Ltd.-ADR | New | 4.70% | +4.70 |
| BABA Alibaba Group Holding-SP ADR | Add +79.9% | 6.13% | +2.80 |
| LAUR Laureate Education Inc. | Add +465.5% | 3.00% | +2.60 |
| LTM Latam Airlines Group SA-ADR | Add +1.8% | 7.28% | +2.48 |
| KRMN Karman Holdings Inc. | New | 1.45% | +1.45 |
| GOOGL Alphabet Inc. Class A | New | 1.39% | +1.39 |
| SHOP Shopify Inc. Class A | New | 1.27% | +1.27 |
| BWXT BWX Technologies Inc. | New | 1.26% | +1.26 |
| VRT Vertiv Holdings Co. Class A | New | 1.24% | +1.24 |
| NTRA Natera Inc. | Add +32.1% | 1.93% | +1.11 |
| WWD Woodward Inc. | New | 1.11% | +1.11 |
| TCOM Trip.com Group Ltd.-ADR | Add +6.3% | 5.13% | +1.09 |
| PANW Palo Alto Networks Inc. | New | 1.01% | +1.01 |
| PLMR Palomar Holdings Inc. | New | 0.91% | +0.91 |
| GS Goldman Sachs Group Inc. | New | 0.90% | +0.90 |
| ULTA Ulta Beauty Inc. | New | 0.78% | +0.78 |
| SSNHZ Samsung Electr-GDR Reg S | New | 0.61% | +0.61 |
| ANET Arista Networks Inc. | Add +22.0% | 1.46% | +0.39 |
| AEM Agnico Eagle Mines Ltd. | New | 0.36% | +0.36 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.24% | +0.24 |
| RGLD Royal Gold Inc. | Add +8.7% | 0.65% | +0.23 |
| INCO Columbia India Consumer ETF | Add +41.8% | 0.43% | +0.19 |
| INDA iShares MSCI India ETF | Add +48.6% | 0.33% | +0.16 |
| HDB HDFC Bank Ltd.-ADR | Add +5.2% | 0.46% | +0.13 |
| NBIX Neurocrine Biosciences Inc. | Add +42.9% | 0.29% | +0.13 |
| BMRN Biomarin Pharmaceutical Inc. | Add +27.5% | 0.30% | +0.13 |
| STWD Starwood Property Trust Inc. | Add +12.6% | 0.39% | +0.09 |
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 |