Genesis Investment Management, LLP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 12, 2024), Genesis Investment Management, LLP reported 15 stock positions worth $508.7 million. Its top holding was PDD (PDD) at 25.0% of the portfolio, followed by Credicorp (BAP, 12.0%) and Nu Holdings Ltd./Cayman Isl-A (NU, 11.3%). Compared with Q1 2024, it opened 1 new position, sold out of 2, added to 5 and reduced 8. The biggest buy was a new position in Iqiyi Inc.-ADR (IQ) and the biggest sale Nu Holdings Ltd./Cayman Isl-A (NU, shares −34%).
- Most Recent 13F
- Q3 2025
- Location
- London, X0
- CIK
- 0001300979
- Portfolio Value
- $508.7M (Q2 2024)
- SEC Filing
- 0001172661-24-002747 ↗ filed Jul 12, 2024
Holdings Value
Holdings 15 stocks · $508.7M
| PDD PDD Holdings Inc. | 25.00% | 956,466 | $127.2M | Add +2.9% |
| BAP Credicorp Ltd. | 12.02% | 379,109 | $61.2M | Reduce -5.4% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 11.26% | 4,443,477 | $57.3M | Reduce -33.7% |
| NTES Netease Inc.-ADR | 7.37% | 392,466 | $37.5M | Reduce -22.0% |
| UMC United Microelectron-SP ADR | 6.68% | 3,879,321 | $34.0M | Add +81.7% |
| INFY Infosys Ltd.-SP ADR | 6.66% | 1,818,677 | $33.9M | Reduce -1.0% |
| IQ Iqiyi Inc.-ADR | 5.64% | 7,816,472 | $28.7M | New |
| CTSH Cognizant Tech Solutions-A | 5.17% | 386,562 | $26.3M | Add +107.0% |
| LILAK Liberty Latin Americ Class C | 4.93% | 2,609,237 | $25.1M | Add +39.4% |
| IBN Icici Bank Ltd.-Spon ADR | 3.48% | 614,135 | $17.7M | Reduce -1.3% |
| BABA Alibaba Group Holding-SP ADR | 3.16% | 223,280 | $16.1M | Reduce -4.5% |
| JD Jd.com Inc.-ADR | 3.15% | 620,999 | $16.0M | Reduce -4.6% |
| CCU Cia Cervecerias Uni-Spon ADR filed as COMPANIA CERVECERIAS UNIDAS | 2.66% | 1,187,665 | $13.5M | Reduce -5.7% |
| HDB HDFC Bank Ltd.-ADR | 1.58% | 124,707 | $8.0M | No change |
| LILA Liberty Latin Americ Class A | 1.23% | 652,316 | $6.3M | Add +3.3% |
Portfolio Sells Q1 2024 → Q2 2024
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -33.7% | 11.26% | −5.42 |
| NTES Netease Inc.-ADR | Reduce -22.0% | 7.37% | −3.49 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −2.75 |
| BAP Credicorp Ltd. | Reduce -5.4% | 12.02% | −2.14 |
| ZLAB Zai Lab Ltd.-ADR | Sold out | 0.00% | −0.72 |
| JD Jd.com Inc.-ADR | Reduce -4.6% | 3.15% | −0.57 |
| CCU Cia Cervecerias Uni-Spon ADR | Reduce -5.7% | 2.66% | −0.49 |
| BABA Alibaba Group Holding-SP ADR | Reduce -4.5% | 3.16% | −0.37 |
| INFY Infosys Ltd.-SP ADR | Reduce -1.0% | 6.66% | −0.22 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -1.3% | 3.48% | +0.05 |
Portfolio Buys Q1 2024 → Q2 2024
| IQ Iqiyi Inc.-ADR | New | 5.64% | +5.64 |
| UMC United Microelectron-SP ADR | Add +81.7% | 6.68% | +3.08 |
| PDD PDD Holdings Inc. | Add +2.9% | 25.00% | +2.44 |
| CTSH Cognizant Tech Solutions-A | Add +107.0% | 5.17% | +2.31 |
| LILAK Liberty Latin Americ Class C | Add +39.4% | 4.93% | +2.21 |
| LILA Liberty Latin Americ Class A | Add +3.3% | 1.23% | +0.31 |