Dumac, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Dumac, Inc. reported 7 stock positions worth $15.9 million. Its top holding was iShares MSCI India ETF (INDA) at 37.1% of the portfolio, followed by Makemytrip (MMYT, 24.8%) and JSC Kaspi.kz ADR (KSPI, 16.8%). Compared with Q1 2025, it sold out of 2 and reduced 1. The biggest sale was an exit from Despegar.com (DESP).
- Most Recent 13F
- Q2 2026
- Location
- DURHAM, NC
- CIK
- 0001584258
- Portfolio Value
- $15.9M (Q2 2025)
- SEC Filing
- 0001584258-25-000007 ↗ filed Aug 4, 2025
Holdings Value
Holdings 7 stocks · $15.9M
| INDA iShares MSCI India ETF | 37.06% | 106,000 | $5.9M | No change |
| MMYT Makemytrip Ltd. | 24.84% | 40,353 | $4.0M | No change |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 16.80% | 31,510 | $2.7M | No change |
| ZTO Zto Express Cayman Inc.-ADR | 10.79% | 96,781 | $1.7M | No change |
| IHS Ihs Holding Ltd. | 3.91% | 112,000 | $623K | No change |
| SGMT Sagimet Biosciences Inc. Class A | 3.59% | 75,000 | $572K | Reduce -49.1% |
| ARCO Arcos Dorados Holdings Inc. Class A | 3.02% | 60,857 | $480K | No change |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| None this quarter. | |||
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $1.1B | VOO, SCHH, NVDA, GOOGL, INDA |
| Q1 2026 | 10 | $820.4M | VOO, SCHH, INDA, ZTO, KSPI |
| Q4 2025 | 10 | $651.0M | VOO, SCHH, INDA, MMYT, KSPI |
| Q2 2025 | 7 | $15.9M | INDA, MMYT, KSPI, ZTO, IHS |
| Q1 2025 | 9 | $25.1M | INDA, DESP, RBRK, MMYT, KSPI |
| Q4 2024 | 10 | $64.8M | UTI, INDA, DESP, MMYT, KSPI |
| Q3 2024 | 9 | $30.6M | RRACF, INDA, MMYT, DESP, KSPI |
| Q2 2024 | 10 | $31.2M | RRACF, INDA, MMYT, KSPI, DESP |
| Q1 2024 | 10 | $27.4M | RRACF, CMRC, KSPI, MMYT, DESP |