Genesis Investment Management, LLP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 18, 2024), Genesis Investment Management, LLP reported 16 stock positions worth $479.2 million. Its top holding was PDD (PDD) at 22.6% of the portfolio, followed by Nu Holdings Ltd./Cayman Isl-A (NU, 16.7%) and Credicorp (BAP, 14.2%). Compared with Q4 2023, it opened 3 new positions, sold out of 1 and reduced 11. The biggest buy was a new position in United Microelectron-SP ADR (UMC) and the biggest sale MercadoLibre (MELI, shares −68%).
- Most Recent 13F
- Q3 2025
- Location
- London, X0
- CIK
- 0001300979
- Portfolio Value
- $479.2M (Q1 2024)
- SEC Filing
- 0001172661-24-001884 ↗ filed Apr 18, 2024
Holdings Value
Holdings 16 stocks · $479.2M
| PDD PDD Holdings Inc. | 22.56% | 929,858 | $108.1M | Reduce -1.4% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 16.68% | 6,702,551 | $80.0M | Reduce -31.7% |
| BAP Credicorp Ltd. | 14.16% | 400,585 | $67.9M | Reduce -1.6% |
| NTES Netease Inc.-ADR | 10.86% | 503,132 | $52.1M | Reduce -1.4% |
| INFY Infosys Ltd.-SP ADR | 6.87% | 1,837,228 | $32.9M | Reduce -16.5% |
| JD Jd.com Inc.-ADR | 3.72% | 651,232 | $17.8M | Reduce -1.6% |
| UMC United Microelectron-SP ADR | 3.60% | 2,134,600 | $17.3M | New |
| BABA Alibaba Group Holding-SP ADR | 3.53% | 233,731 | $16.9M | Reduce -1.2% |
| IBN Icici Bank Ltd.-Spon ADR | 3.43% | 622,226 | $16.4M | No change |
| CCU Cia Cervecerias Uni-Spon ADR filed as COMPANIA CERVECERIAS UNIDAS | 3.15% | 1,258,787 | $15.1M | New |
| CTSH Cognizant Tech Solutions-A | 2.86% | 186,728 | $13.7M | New |
| MELI MercadoLibre Inc. | 2.75% | 8,705 | $13.2M | Reduce -68.3% |
| LILAK Liberty Latin Americ Class C | 2.73% | 1,871,354 | $13.1M | Reduce -2.1% |
| HDB HDFC Bank Ltd.-ADR | 1.46% | 124,707 | $7.0M | No change |
| LILA Liberty Latin Americ Class A | 0.92% | 631,736 | $4.4M | Reduce -1.8% |
| ZLAB Zai Lab Ltd.-ADR | 0.72% | 216,123 | $3.5M | Reduce -68.8% |
Portfolio Sells Q4 2023 → Q1 2024
| MELI MercadoLibre Inc. | Reduce -68.3% | 2.75% | −5.71 |
| PDD PDD Holdings Inc. | Reduce -1.4% | 22.56% | −4.49 |
| ZLAB Zai Lab Ltd.-ADR | Reduce -68.8% | 0.72% | −2.99 |
| INFY Infosys Ltd.-SP ADR | Reduce -16.5% | 6.87% | −1.05 |
| BABA Alibaba Group Holding-SP ADR | Reduce -1.2% | 3.53% | −0.07 |
| JD Jd.com Inc.-ADR | Reduce -1.6% | 3.72% | −0.02 |
| LILAK Liberty Latin Americ Class C | Reduce -2.1% | 2.73% | −0.02 |
| LILA Liberty Latin Americ Class A | Reduce -1.8% | 0.92% | −0.00 |
| NBIS Nebius Group NV | Sold out | 0.00% | 0.00 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -31.7% | 16.68% | +0.66 |
| NTES Netease Inc.-ADR | Reduce -1.4% | 10.86% | +1.55 |
| BAP Credicorp Ltd. | Reduce -1.6% | 14.16% | +2.20 |