Kora Management LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Kora Management LP reported 6 stock positions worth $813.7 million. Its top holding was Sea Ltd.-ADR (SE) at 67.6% of the portfolio, followed by Nebius (NBIS, 10.3%) and Nu Holdings Ltd./Cayman Isl-A (NU, 8.2%). Compared with Q1 2025, it sold out of 2, added to 1 and reduced 3. The biggest buy was Nu Holdings Ltd./Cayman Isl-A (NU, shares +24%) and the biggest sale an exit from Alibaba Group Holding-SP ADR (BABA).
- Most Recent 13F
- Q2 2026
- Location
- BROOKLYN, NY
- CIK
- 0001659815
- Portfolio Value
- $813.7M (Q2 2025)
- SEC Filing
- 0000902664-25-003671 ↗ filed Aug 14, 2025
Holdings Value
Holdings 6 stocks · $813.7M
| SE Sea Ltd.-ADR | 67.61% | 3,439,588 | $550.1M | Reduce -13.3% |
| NBIS Nebius Group NV | 10.32% | 1,516,976 | $83.9M | Reduce -30.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 8.19% | 4,856,000 | $66.6M | Add +24.4% |
| RBLX Roblox Corp. Class A | 6.30% | 487,000 | $51.2M | Reduce -24.1% |
| PDD PDD Holdings Inc. | 5.83% | 453,250 | $47.4M | No change |
| U Unity Software Inc. | 1.76% | 591,500 | $14.3M | No change |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| NU Nu Holdings Ltd./Cayman Isl-A | Add +24.4% | 8.19% | +2.96 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 10 | $843.0M | SE, NBIS, NU, U, PDD |
| Q1 2026 | 9 | $701.5M | SE, NBIS, NU, PDD, MELI |
| Q4 2025 | 9 | $750.7M | SE, NU, NBIS, PDD, MELI |
| Q3 2025 | 7 | $941.8M | SE, NU, NBIS, PDD, RBLX |
| Q2 2025 | 6 | $813.7M | SE, NBIS, NU, RBLX, PDD |
| Q1 2025 | 8 | $764.4M | SE, PDD, NBIS, NU, BABA |
| Q4 2024 | 7 | $742.3M | SE, NBIS, NU, RBLX, PDD |
| Q3 2024 | 7 | $687.8M | SE, NU, PDD, RBLX, MELI |
| Q2 2024 | 6 | $569.1M | SE, NU, PDD, RBLX, MELI |
| Q1 2024 | 6 | $482.9M | SE, NU, PDD, RBLX, MELI |