New Vernon Capital Holdings II LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), New Vernon Capital Holdings II LLC reported 77 stock positions worth $135.6 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 12.8% of the portfolio, followed by iShares MSCI South Korea ETF (EWY, 12.7%) and Vanguard Ftse Emerging Marke (VWO, 11.3%). Compared with Q4 2025, it opened 9 new positions, sold out of 20, added to 5 and reduced 13. The biggest buy was a new position in iShares MSCI Thailand ETF (THD) and the biggest sale an exit from HDFC Bank Ltd.-ADR (HDB).

Most Recent 13F
Q2 2026
Location
Morristown, NJ
CIK
0001512538
Portfolio Value
$135.6M (Q1 2026)
SEC Filing
0001512538-26-000006 ↗ filed May 15, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $193.3M Q1 2024 Q2 2024: $185.4M Q2 2024 Q3 2024: $185.9M Q3 2024 Q4 2024: $145.4M Q4 2024 Q1 2025: $186.7M Q1 2025 Q2 2025: $208.4M Q2 2025 Q3 2025: $217.3M Q3 2025 Q4 2025: $211.0M Q4 2025 Q1 2026: $135.6M $135.6M Q1 2026 Q2 2026: $181.4M Q2 2026

Holdings 77 stocks · $135.6M
TSM Taiwan Semiconductor-SP ADR 12.76% 51,186 $17.3M No change
EWY iShares MSCI South Korea ETF 12.70% 139,980 $17.2M Reduce -16.6%
VWO Vanguard Ftse Emerging Marke 11.34% 284,473 $15.4M No change
EWS iShares MSCI Singapore ETF 7.45% 357,994 $10.1M Reduce -14.5%
IBN Icici Bank Ltd.-Spon ADR 7.38% 386,631 $10.0M Reduce -42.8%
EWT iShares MSCI Taiwan ETF 6.29% 120,222 $8.5M Reduce -18.6%
DXJ Wisdomtree Japan Hedged Eq 5.44% 46,560 $7.4M No change
EPI Wisdomtree India Earnings 5.33% 177,278 $7.2M Reduce -41.5%
EWC iShares MSCI Canada ETF 4.48% 110,826 $6.1M No change
EWZ iShares MSCI Brazil ETF 4.45% 157,309 $6.0M No change
BBJP JPMorgan Betabuilders Japan 3.64% 71,563 $4.9M Reduce -41.7%
EWU iShares MSCI United Kingdom 3.14% 93,343 $4.3M Reduce -19.5%
EWD iShares MSCI Sweden ETF 2.08% 57,962 $2.8M Reduce -3.4%
INFY Infosys Ltd.-SP ADR 1.66% 166,718 $2.3M Reduce -50.5%
NVS Novartis AG-Sponsored ADR 1.66% 14,733 $2.3M Reduce -12.9%
THD iShares MSCI Thailand ETF 0.74% 14,400 $999K New
VNM Vaneck Vietnam ETF 0.53% 41,852 $724K No change
E Eni SPA-Sponsored ADR 0.51% 12,197 $690K No change
UBS UBS Group AG-Reg 0.46% 16,086 $628K Reduce -13.6%
EWP iShares MSCI Spain ETF 0.38% 9,568 $520K Reduce -76.7%
RACE Ferrari NV 0.35% 1,394 $472K No change
TS Tenaris SA-ADR 0.33% 7,581 $441K No change
IBIT iShares Bitcoin Trust ETF 0.25% 8,858 $340K No change
PRDO Perdoceo Education Corp. 0.25% 9,056 $337K No change
CPRX Catalyst Pharmaceuticals Inc. 0.25% 13,520 $335K No change
INVA Innoviva Inc. 0.23% 13,122 $306K No change
UPWK Upwork Inc. 0.22% 27,778 $304K New
STLA Stellantis NV 0.21% 40,674 $288K No change
FOXA Fox Corp. Class A 0.21% 4,842 $283K No change
EXEL Exelixis Inc. 0.19% 6,095 $261K No change
SVM Silvercorp Metals Inc. 0.19% 24,174 $260K Add +100.0%
MD Pediatrix Medical Group Inc. 0.18% 11,704 $250K No change
PTCT PTC Therapeutics Inc. 0.18% 3,668 $250K No change
DECK Deckers Outdoor Corp. 0.18% 2,405 $241K No change
CVSA Covista Inc. 0.18% 2,070 $239K New
KFY Korn Ferry 0.17% 3,761 $237K No change
SIRI Sirius XM Holdings Inc. 0.17% 9,794 $226K Add +0.3%
BLBD Blue Bird Corp. 0.17% 3,964 $225K No change
SAIC Science Applications Inte 0.17% 2,364 $224K No change
PBI Pitney Bowes Inc. 0.16% 19,842 $219K New
FTDR Frontdoor Inc. 0.16% 4,122 $218K No change
LNTH Lantheus Holdings Inc. 0.16% 2,855 $217K No change
ALSN Allison Transmission Holding 0.16% 1,837 $215K No change
CI The Cigna Group 0.16% 795 $212K No change
HPQ HP Inc. 0.15% 10,832 $208K No change
WLY Wiley (john) & Sons Class A 0.15% 5,373 $205K New
TNET Trinet Group Inc. 0.15% 5,511 $201K New
DOX Amdocs Ltd. 0.15% 3,062 $200K New
MTCH Match Group Inc. 0.14% 6,152 $189K No change
COLL Collegium Pharmaceutical Inc. 0.13% 5,343 $177K No change
CTSH Cognizant Tech Solutions-A 0.13% 2,867 $176K No change
SAN Banco Santander SA-Spon ADR 0.13% 15,192 $171K No change
MGA Magna International Inc. 0.12% 2,794 $156K Add +100.0%
ADBE Adobe Inc. 0.11% 609 $148K New
YELP Yelp Inc. 0.10% 5,556 $137K No change
IAG Iamgold Corp. 0.09% 6,813 $128K No change
HRMY Harmony Biosciences Holdings 0.09% 4,541 $127K No change
BBVA Banco Bilbao Vizcaya-SP ADR 0.09% 5,777 $125K No change
GEN Gen Digital Inc. 0.09% 6,516 $123K New
HRB H&R Block Inc. filed as BLOCK H & R INC 0.09% 3,763 $119K No change
QSR Restaurant Brands Intern 0.08% 1,414 $105K Add +100.0%
TDC Teradata Corp. 0.08% 4,028 $103K No change
B Barrick Mining Corp. 0.08% 2,522 $103K No change
AAUC Allied Gold Corp. 0.08% 3,321 $103K No change
KGC Kinross Gold Corp. 0.07% 3,275 $100K No change
IDCC Interdigital Inc. 0.06% 285 $86K Reduce -60.1%
OTEX Open Text Corp. 0.06% 3,582 $80K Add +100.0%
FSM Fortuna Mining Corp. 0.05% 7,475 $74K No change
GIL Gildan Activewear Inc. 0.04% 1,072 $60K No change
BHC Bausch Health Cos Inc. 0.04% 10,951 $59K No change
TELFY Telefonica SA-Spon ADR 0.04% 11,168 $48K No change
GOOS Canada Goose Holdings Inc. 0.04% 4,367 $48K No change
HLIT Harmonic Inc. 0.03% 4,257 $38K No change
GIB Cgi Inc. 0.03% 473 $35K No change
CGAU Centerra Gold Inc. 0.01% 841 $15K No change
HBM Hudbay Minerals Inc. 0.01% 660 $14K No change
BTG B2GOLD Corp. 0.01% 2,459 $11K No change

Portfolio Sells Q4 2025 → Q1 2026
HDB HDFC Bank Ltd.-ADR Sold out 0.00% −12.09
INDA iShares MSCI India ETF Sold out 0.00% −5.03
IBN Icici Bank Ltd.-Spon ADR Reduce -42.8% 7.38% −2.16
FXI iShares China Large-Cap ETF Sold out 0.00% −2.07
NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −2.03
EWG iShares MSCI Germany ETF Sold out 0.00% −1.51
EPI Wisdomtree India Earnings Reduce -41.5% 5.33% −1.31
INFY Infosys Ltd.-SP ADR Reduce -50.5% 1.66% −1.18
EWP iShares MSCI Spain ETF Reduce -76.7% 0.38% −0.67
MMYT Makemytrip Ltd. Sold out 0.00% −0.36
EME Emcor Group Inc. Sold out 0.00% −0.24
GBDC Golub Capital BDC Inc. Sold out 0.00% −0.24
BBJP JPMorgan Betabuilders Japan Reduce -41.7% 3.64% −0.20
GTX Garrett Motion Inc. Sold out 0.00% −0.19
POWL Powell Industries Inc. Sold out 0.00% −0.18
PTGX Protagonist Therapeutics Inc. Sold out 0.00% −0.17
TGNA Tegna Inc. Sold out 0.00% −0.17
LDOS Leidos Holdings Inc. Sold out 0.00% −0.14
ALC Alcon Inc. Sold out 0.00% −0.12
CRCT Cricut Inc. Class A Sold out 0.00% −0.11
OMC Omnicom Group Sold out 0.00% −0.11
NXT Nextpower Inc. Sold out 0.00% −0.11
PLTK Playtika Holding Corp. Sold out 0.00% −0.10
IDT Idt Corp. Class B Sold out 0.00% −0.10
LOGI Logitech International-Reg Sold out 0.00% −0.06
IDCC Interdigital Inc. Reduce -60.1% 0.06% −0.04
UBS UBS Group AG-Reg Reduce -13.6% 0.46% +0.05
NVS Novartis AG-Sponsored ADR Reduce -12.9% 1.66% +0.55
EWD iShares MSCI Sweden ETF Reduce -3.4% 2.08% +0.68
EWU iShares MSCI United Kingdom Reduce -19.5% 3.14% +0.72
EWT iShares MSCI Taiwan ETF Reduce -18.6% 6.29% +1.84
EWS iShares MSCI Singapore ETF Reduce -14.5% 7.45% +1.99
EWY iShares MSCI South Korea ETF Reduce -16.6% 12.70% +4.96

Portfolio Buys Q4 2025 → Q1 2026
THD iShares MSCI Thailand ETF New 0.74% +0.74
UPWK Upwork Inc. New 0.22% +0.22
CVSA Covista Inc. New 0.18% +0.18
PBI Pitney Bowes Inc. New 0.16% +0.16
WLY Wiley (john) & Sons Class A New 0.15% +0.15
TNET Trinet Group Inc. New 0.15% +0.15
DOX Amdocs Ltd. New 0.15% +0.15
SVM Silvercorp Metals Inc. Add +100.0% 0.19% +0.13
ADBE Adobe Inc. New 0.11% +0.11
GEN Gen Digital Inc. New 0.09% +0.09
SIRI Sirius XM Holdings Inc. Add +0.3% 0.17% +0.07
MGA Magna International Inc. Add +100.0% 0.12% +0.07
QSR Restaurant Brands Intern Add +100.0% 0.08% +0.05
OTEX Open Text Corp. Add +100.0% 0.06% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 73$181.4MTSM, VWO, IBN, EWS, EPI
Q1 2026 77$135.6MTSM, EWY, VWO, EWS, IBN
Q4 2025 88$211.0MHDB, IBN, EWY, TSM, VWO
Q3 2025 81$217.3MIBN, HDB, VWO, TSM, EWY
Q2 2025 68$208.4MIBN, HDB, EPI, VWO, INDA
Q1 2025 66$186.7MIBN, IVV, HDB, EPI, INFY
Q4 2024 66$145.4MIVV, IBN, DXJ, INFY, TSM
Q3 2024 63$185.9MIVV, EPI, IBN, HDB, INFY
Q2 2024 73$185.4MIVV, EPI, IBN, HDB, EWT
Q1 2024 78$193.3MIVV, EPI, IBN, HDB, INFY