New Vernon Capital Holdings II LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), New Vernon Capital Holdings II LLC reported 66 stock positions worth $186.7 million. Its top holding was Icici Bank Ltd.-Spon ADR (IBN) at 14.0% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 13.3%) and HDFC Bank Ltd.-ADR (HDB, 12.5%). Compared with Q4 2024, it opened 21 new positions, sold out of 21, added to 23 and reduced 4. The biggest buy was a new position in HDFC Bank Ltd.-ADR (HDB) and the biggest sale an exit from Wisdomtree Japan Hedged Eq (DXJ).
- Most Recent 13F
- Q2 2026
- Location
- Morristown, NJ
- CIK
- 0001512538
- Portfolio Value
- $186.7M (Q1 2025)
- SEC Filing
- 0001512538-25-000002 ↗ filed May 15, 2025
Holdings Value
Holdings 66 stocks · $186.7M
| IBN Icici Bank Ltd.-Spon ADR | 14.01% | 829,941 | $26.2M | Add +9.0% |
| IVV iShares Core S&P 500 ETF | 13.27% | 44,092 | $24.8M | Reduce -4.1% |
| HDB HDFC Bank Ltd.-ADR | 12.47% | 350,444 | $23.3M | New |
| EPI Wisdomtree India Earnings | 11.93% | 509,429 | $22.3M | Add +2833.5% |
| INFY Infosys Ltd.-SP ADR | 6.76% | 691,348 | $12.6M | Add +15.0% |
| VWO Vanguard Ftse Emerging Marke | 4.75% | 195,859 | $8.9M | Add +29.1% |
| FXI iShares China Large-Cap ETF | 4.26% | 221,796 | $7.9M | New |
| EWS iShares MSCI Singapore ETF | 4.12% | 323,811 | $7.7M | Add +34.2% |
| TSM Taiwan Semiconductor-SP ADR | 3.59% | 40,404 | $6.7M | No change |
| EWZ iShares MSCI Brazil ETF | 3.25% | 234,433 | $6.1M | New |
| BBJP JPMorgan Betabuilders Japan | 3.04% | 101,077 | $5.7M | Add +1.1% |
| EWT iShares MSCI Taiwan ETF | 2.79% | 109,867 | $5.2M | Reduce -23.9% |
| MMYT Makemytrip Ltd. | 2.76% | 52,488 | $5.1M | No change |
| EWC iShares MSCI Canada ETF | 2.21% | 101,146 | $4.1M | Add +45.1% |
| EWU iShares MSCI United Kingdom | 0.92% | 45,992 | $1.7M | Add +83.4% |
| EWG iShares MSCI Germany ETF | 0.83% | 41,694 | $1.5M | New |
| EWY iShares MSCI South Korea ETF | 0.76% | 26,294 | $1.4M | Add +9.6% |
| NVS Novartis AG-Sponsored ADR | 0.74% | 12,408 | $1.4M | Add +14.5% |
| CROX Crocs Inc. | 0.39% | 6,773 | $719K | No change |
| BKE The Buckle Inc. | 0.36% | 17,517 | $671K | No change |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.33% | 11,314 | $621K | No change |
| HPQ HP Inc. | 0.33% | 22,322 | $618K | No change |
| IBIT iShares Bitcoin Trust ETF | 0.29% | 11,411 | $534K | New |
| FOXA Fox Corp. Class A | 0.27% | 8,772 | $496K | No change |
| HRMY Harmony Biosciences Holdings | 0.26% | 14,716 | $488K | No change |
| VNM Vaneck Vietnam ETF | 0.23% | 34,601 | $432K | No change |
| TPR Tapestry Inc. | 0.22% | 5,787 | $407K | Reduce -8.3% |
| LAUR Laureate Education Inc. | 0.20% | 17,842 | $365K | No change |
| PTGX Protagonist Therapeutics Inc. | 0.19% | 7,198 | $348K | Add +135.2% |
| NXST Nexstar Media Group Inc. | 0.18% | 1,870 | $335K | New |
| TGNA Tegna Inc. | 0.18% | 18,162 | $331K | New |
| CPRX Catalyst Pharmaceuticals Inc. | 0.18% | 13,520 | $328K | Add +132.2% |
| MTCH Match Group Inc. | 0.17% | 10,450 | $326K | New |
| EME Emcor Group Inc. | 0.17% | 836 | $309K | New |
| BBWI Bath & Body Works Inc. | 0.15% | 9,349 | $283K | No change |
| GEN Gen Digital Inc. | 0.15% | 10,427 | $277K | New |
| KFY Korn Ferry | 0.14% | 3,761 | $255K | Add +76.6% |
| JBI Janus International Group Inc. | 0.13% | 34,983 | $252K | No change |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.13% | 5,908 | $249K | Add +76.3% |
| BLD Topbuild Corp. | 0.13% | 813 | $248K | New |
| FTDR Frontdoor Inc. | 0.13% | 6,386 | $245K | No change |
| DBD Diebold Nixdorf Inc. | 0.13% | 5,589 | $244K | New |
| OGN Organon & Co. | 0.13% | 16,369 | $244K | Add +25.1% |
| INVA Innoviva Inc. | 0.13% | 13,122 | $238K | No change |
| BLBD Blue Bird Corp. | 0.12% | 7,152 | $232K | Add +124.3% |
| PRDO Perdoceo Education Corp. | 0.12% | 9,056 | $228K | Add +88.8% |
| ALC Alcon Inc. filed as ALCON AG | 0.12% | 2,378 | $226K | Add +15.2% |
| EXEL Exelixis Inc. | 0.12% | 6,095 | $225K | New |
| IPG Interpublic Group of Cos Inc. | 0.12% | 8,228 | $223K | Add +90.1% |
| LDOS Leidos Holdings Inc. | 0.12% | 1,641 | $221K | New |
| VC Visteon Corp. | 0.12% | 2,833 | $220K | New |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.12% | 6,593 | $218K | New |
| TNET Trinet Group Inc. | 0.12% | 2,743 | $217K | Add +24.3% |
| TDC Teradata Corp. | 0.11% | 9,451 | $212K | Add +120.9% |
| IDCC Interdigital Inc. | 0.11% | 991 | $205K | Add +22.6% |
| POWL Powell Industries Inc. | 0.11% | 1,191 | $203K | New |
| MAN Manpowergroup Inc. | 0.11% | 3,409 | $197K | New |
| MMS Maximus Inc. | 0.10% | 2,865 | $195K | No change |
| GTX Garrett Motion Inc. | 0.10% | 23,178 | $194K | New |
| OMC Omnicom Group | 0.10% | 2,315 | $192K | No change |
| DDS Dillards Inc. Class A | 0.10% | 520 | $186K | Reduce -25.4% |
| PLTK Playtika Holding Corp. | 0.09% | 31,757 | $164K | New |
| ANF Abercrombie & Fitch Co. Class A | 0.08% | 1,976 | $151K | No change |
| DESP Despegar.com Corp. | 0.06% | 6,435 | $121K | New |
| EWJ iShares MSCI Japan ETF | 0.04% | 1,185 | $81K | No change |
| LOGI Logitech International-Reg | 0.04% | 863 | $73K | Add +12.7% |
Portfolio Sells Q4 2024 → Q1 2025
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −13.27 |
| IVV iShares Core S&P 500 ETF | Reduce -4.1% | 13.27% | −5.35 |
| EWT iShares MSCI Taiwan ETF | Reduce -23.9% | 2.79% | −2.35 |
| UTHR United Therapeutics Corp. | Sold out | 0.00% | −0.65 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.54 |
| ALSN Allison Transmission Holding | Sold out | 0.00% | −0.41 |
| MLI Mueller Industries Inc. | Sold out | 0.00% | −0.37 |
| PVH PVH Corp. | Sold out | 0.00% | −0.28 |
| RTX RTX Corp. | Sold out | 0.00% | −0.27 |
| BRSL Brightstar Lottery PLC | Sold out | 0.00% | −0.26 |
| UBS UBS Group AG-Reg | Sold out | 0.00% | −0.25 |
| AGX Argan Inc. | Sold out | 0.00% | −0.24 |
| SIRI Sirius XM Holdings Inc. | Sold out | 0.00% | −0.23 |
| ACLS Axcelis Technologies Inc. | Sold out | 0.00% | −0.21 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.21 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.21 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.19 |
| CRCT Cricut Inc. Class A | Sold out | 0.00% | −0.18 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −0.17 |
| DLX Deluxe Corp. | Sold out | 0.00% | −0.14 |
| GETY Getty Images Holdings Inc. | Sold out | 0.00% | −0.12 |
| ATKR Atkore Inc. | Sold out | 0.00% | −0.12 |
| DDS Dillards Inc. Class A | Reduce -25.4% | 0.10% | −0.11 |
| TPR Tapestry Inc. | Reduce -8.3% | 0.22% | −0.07 |
| COLO Global X MSCI Colombia ETF | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| HDB HDFC Bank Ltd.-ADR | New | 12.47% | +12.47 |
| EPI Wisdomtree India Earnings | Add +2833.5% | 11.93% | +10.61 |
| FXI iShares China Large-Cap ETF | New | 4.26% | +4.26 |
| EWZ iShares MSCI Brazil ETF | New | 3.25% | +3.25 |
| EWG iShares MSCI Germany ETF | New | 0.83% | +0.83 |
| EWS iShares MSCI Singapore ETF | Add +34.2% | 4.12% | +0.50 |
| EWU iShares MSCI United Kingdom | Add +83.4% | 0.92% | +0.34 |
| IBIT iShares Bitcoin Trust ETF | New | 0.29% | +0.29 |
| EWC iShares MSCI Canada ETF | Add +45.1% | 2.21% | +0.28 |
| NXST Nexstar Media Group Inc. | New | 0.18% | +0.18 |
| TGNA Tegna Inc. | New | 0.18% | +0.18 |
| MTCH Match Group Inc. | New | 0.17% | +0.17 |
| EME Emcor Group Inc. | New | 0.17% | +0.17 |
| VWO Vanguard Ftse Emerging Marke | Add +29.1% | 4.75% | +0.15 |
| GEN Gen Digital Inc. | New | 0.15% | +0.15 |
| BLD Topbuild Corp. | New | 0.13% | +0.13 |
| DBD Diebold Nixdorf Inc. | New | 0.13% | +0.13 |
| EXEL Exelixis Inc. | New | 0.12% | +0.12 |
| LDOS Leidos Holdings Inc. | New | 0.12% | +0.12 |
| VC Visteon Corp. | New | 0.12% | +0.12 |
| YETI Yeti Holdings Inc. | New | 0.12% | +0.12 |
| POWL Powell Industries Inc. | New | 0.11% | +0.11 |
| MAN Manpowergroup Inc. | New | 0.11% | +0.11 |
| PTGX Protagonist Therapeutics Inc. | Add +135.2% | 0.19% | +0.11 |
| GTX Garrett Motion Inc. | New | 0.10% | +0.10 |
| CPRX Catalyst Pharmaceuticals Inc. | Add +132.2% | 0.18% | +0.09 |
| PLTK Playtika Holding Corp. | New | 0.09% | +0.09 |
| DESP Despegar.com Corp. | New | 0.06% | +0.06 |
| NXT Nextpower Inc. | Add +76.3% | 0.13% | +0.05 |
| BLBD Blue Bird Corp. | Add +124.3% | 0.12% | +0.04 |
| KFY Korn Ferry | Add +76.6% | 0.14% | +0.04 |
| IPG Interpublic Group of Cos Inc. | Add +90.1% | 0.12% | +0.04 |
| PRDO Perdoceo Education Corp. | Add +88.8% | 0.12% | +0.03 |
| TDC Teradata Corp. | Add +120.9% | 0.11% | +0.02 |
| NVS Novartis AG-Sponsored ADR | Add +14.5% | 0.74% | +0.02 |
| IDCC Interdigital Inc. | Add +22.6% | 0.11% | +0.00 |
| ALC Alcon Inc. | Add +15.2% | 0.12% | +0.00 |
| OGN Organon & Co. | Add +25.1% | 0.13% | −0.00 |
| LOGI Logitech International-Reg | Add +12.7% | 0.04% | −0.00 |
| TNET Trinet Group Inc. | Add +24.3% | 0.12% | −0.02 |
| EWY iShares MSCI South Korea ETF | Add +9.6% | 0.76% | −0.08 |
| BBJP JPMorgan Betabuilders Japan | Add +1.1% | 3.04% | −0.73 |
| IBN Icici Bank Ltd.-Spon ADR | Add +9.0% | 14.01% | −1.62 |
| INFY Infosys Ltd.-SP ADR | Add +15.0% | 6.76% | −2.31 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 73 | $181.4M | TSM, VWO, IBN, EWS, EPI |
| Q1 2026 | 77 | $135.6M | TSM, EWY, VWO, EWS, IBN |
| Q4 2025 | 88 | $211.0M | HDB, IBN, EWY, TSM, VWO |
| Q3 2025 | 81 | $217.3M | IBN, HDB, VWO, TSM, EWY |
| Q2 2025 | 68 | $208.4M | IBN, HDB, EPI, VWO, INDA |
| Q1 2025 | 66 | $186.7M | IBN, IVV, HDB, EPI, INFY |
| Q4 2024 | 66 | $145.4M | IVV, IBN, DXJ, INFY, TSM |
| Q3 2024 | 63 | $185.9M | IVV, EPI, IBN, HDB, INFY |
| Q2 2024 | 73 | $185.4M | IVV, EPI, IBN, HDB, EWT |
| Q1 2024 | 78 | $193.3M | IVV, EPI, IBN, HDB, INFY |