Charles-Lim Capital Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Charles-Lim Capital Ltd reported 7 stock positions worth $339.4 million. Its top holding was HDFC Bank Ltd.-ADR (HDB) at 34.3% of the portfolio, followed by Sea Ltd.-ADR (SE, 30.8%) and Icici Bank Ltd.-Spon ADR (IBN, 12.8%). Compared with Q4 2024, it opened 2 new positions, sold out of 1, added to 1 and reduced 4. The biggest buy was a new position in Mastercard Class A (MA) and the biggest sale Estee Lauder Companies Class A (EL, shares −80%).
- Most Recent 13F
- Q2 2026
- Location
- CENTRAL, K3
- CIK
- 0001634255
- Portfolio Value
- $339.4M (Q1 2025)
- SEC Filing
- 0001634255-25-000005 ↗ filed May 14, 2025
Holdings Value
Holdings 7 stocks · $339.4M
| HDB HDFC Bank Ltd.-ADR | 34.26% | 1,750,000 | $116.3M | Reduce -30.0% |
| SE Sea Ltd.-ADR | 30.76% | 800,000 | $104.4M | Reduce -20.7% |
| IBN Icici Bank Ltd.-Spon ADR | 12.77% | 1,375,000 | $43.3M | Add +71.9% |
| MA Mastercard Inc. Class A | 9.69% | 60,000 | $32.9M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 9.09% | 87,500 | $30.9M | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 2.92% | 150,000 | $9.9M | Reduce -80.0% |
| V Visa Inc. Class A | 0.52% | 5,000 | $1.8M | Reduce -93.1% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 6 | $319.4M | SE, TSM, HDB, CPNG, V |
| Q1 2026 | 5 | $301.3M | SE, HDB, TSM, PDD, CPNG |
| Q4 2025 | 7 | $368.6M | SE, HDB, PDD, V, IBN |
| Q3 2025 | 7 | $392.1M | PDD, HDB, V, IBN, SE |
| Q2 2025 | 7 | $401.2M | HDB, SE, EL, TSM, IBN |
| Q1 2025 | 7 | $339.4M | HDB, SE, IBN, MA, CRWD |
| Q4 2024 | 6 | $399.3M | HDB, SE, EL, TSM, IBN |
| Q3 2024 | 5 | $351.7M | HDB, SE, V, EL, LVS |
| Q2 2024 | 6 | $407.5M | HDB, V, LVS, MA, SE |
| Q1 2024 | 6 | $300.1M | HDB, TSLA, SE, LVS, V |