Dumac, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Dumac, Inc. reported 10 stock positions worth $651.0 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 71.7% of the portfolio, followed by Schwab US REIT ETF (SCHH, 25.2%) and iShares MSCI India ETF (INDA, 1.7%).
- Most Recent 13F
- Q2 2026
- Location
- DURHAM, NC
- CIK
- 0001584258
- Portfolio Value
- $651.0M (Q4 2025)
- SEC Filing
- 0001584258-26-000005 ↗ filed Feb 10, 2026
Holdings Value
Holdings 10 stocks · $651.0M
| VOO Vanguard S&P 500 ETF | 71.66% | 743,880 | $466.5M | — |
| SCHH Schwab US REIT ETF | 25.18% | 7,846,742 | $163.9M | — |
| INDA iShares MSCI India ETF | 1.68% | 201,973 | $10.9M | — |
| MMYT Makemytrip Ltd. | 0.51% | 40,353 | $3.3M | — |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.38% | 31,510 | $2.5M | — |
| ZTO Zto Express Cayman Inc.-ADR | 0.31% | 96,781 | $2.0M | — |
| IHS Ihs Holding Ltd. | 0.13% | 112,000 | $836K | — |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.07% | 60,857 | $447K | — |
| SGMT Sagimet Biosciences Inc. Class A | 0.06% | 71,192 | $421K | — |
| NEXM Nexmetals Mining Corp. | 0.02% | 43,223 | $123K | — |
Portfolio Sells Q4 2025
No earlier filing to compare with.
Portfolio Buys Q4 2025
No earlier filing to compare with.
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 |