In its 13F for Q1 2024 (holdings as of March 31, 2024, filed August 19, 2024), Old Well Partners, LLC reported 33 stock positions worth $112.3 million . Its top holding was MercadoLibre (MELI) at 10.2% of the portfolio, followed by Nu Holdings Ltd./Cayman Isl-A (NU, 7.9% ) and KKR (KKR, 6.0% ). Compared with Q4 2023, it opened 2 new positions, sold out of 10, added to 9 and reduced 12. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale MercadoLibre (MELI, shares −10% ).
Location CHARLOTTE, NC
CIK 0001802131
Portfolio Value $112.3M (Q1 2024) Holdings 33 stocks · $112.3M Holdings quarter Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 MELI MercadoLibre Inc. 7,582 $11.5M Reduce -9.5% NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 742,600 $8.9M Reduce -23.9% KKR KKR & Co. Inc. 66,623 $6.7M Reduce -16.3% PDD PDD Holdings Inc. 57,639 $6.7M Reduce -0.5% AMZN Amazon.com Inc. 33,201 $6.0M Reduce -4.3% SE Sea Ltd.-ADR 105,900 $5.7M Add +25.0% CPNG Coupang Inc. 269,700 $4.8M Add +73.5% QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 249,200 $4.6M Reduce -5.7% BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 302,501 $4.2M Add +6.3% TCOM Trip.com Group Ltd.-ADR 86,600 $3.8M Reduce -4.7% XYZ Block Inc. 42,400 $3.6M No change EDU New Oriental Educatio-SP ADR 39,600 $3.4M Reduce -26.4% JD Jd.com Inc.-ADR 123,517 $3.4M Add +8.8% FRSH Freshworks Inc. Class A 180,670 $3.3M Add +12.4% G Genpact Ltd. 97,831 $3.2M No change GOOG Alphabet Inc. Class C 19,350 $2.9M Add +43.3% ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD 18,038 $2.8M Add +87.2% XP XP Inc. Class A 109,900 $2.8M Add +38.4% TSM Taiwan Semiconductor-SP ADR 20,000 $2.7M New RPC Ridgepost Capital Inc. Class A filed as P10 INC 285,315 $2.4M No change LEGN Legend Biotech Corp.-ADR 42,001 $2.4M No change BILI Bilibili Inc.-Sponsored ADR 198,690 $2.2M No change BRK.B Berkshire Hathaway Inc. Class B 5,100 $2.1M No change WNS WNS Holdings Ltd. filed as WNS HLDGS LTD 38,273 $1.9M Reduce -31.7% APO Apollo Global Management Inc. 13,800 $1.6M No change BILL Bill Holdings Inc. 20,600 $1.4M Add +66.1% SMWB Similarweb Ltd. 156,419 $1.4M Reduce -36.8% NET Cloudflare Inc. Class A 14,400 $1.4M Reduce -7.7% OXY Occidental Petroleum Corp. 20,500 $1.3M No change CRM Salesforce Inc. 3,600 $1.1M Reduce -30.8% AMKR Amkor Technology Inc. 24,000 $774K No change UI Ubiquiti Inc. 5,929 $687K No change CART Maplebear Inc. 16,472 $614K New
Options reported separately and not counted above: SPY puts ($6.4M).
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ MELI MercadoLibre Inc. Reduce -9.5% 10.21% −2.06 PDD PDD Holdings Inc. Reduce -0.5% 5.97% −1.93 WNS WNS Holdings Ltd. Reduce -31.7% 1.72% −1.58 EDU New Oriental Educatio-SP ADR Reduce -26.4% 3.06% −0.61 CRM Salesforce Inc. Reduce -30.8% 0.97% −0.31 NUVL Nuvalent Inc. Class A Sold out 0.00% −0.28 ACAD Acadia Pharmaceuticals Inc. Sold out 0.00% −0.24 RYTM Rhythm Pharmaceuticals Inc. Sold out 0.00% −0.20 AMAM New Ambrx Biopharma Inc. Sold out 0.00% −0.19 RCKT Rocket Pharmaceuticals Inc. Sold out 0.00% −0.19 ZYME Zymeworks Inc. Sold out 0.00% −0.19 KKR KKR & Co. Inc. Reduce -16.3% 5.97% −0.18 TNGX Tango Therapeutics Inc. Sold out 0.00% −0.17 FOLD Amicus Therapeutics Inc. Sold out 0.00% −0.17 LIANY Lianbio-ADR Sold out 0.00% −0.13 JANX Janux Therapeutics Inc. Sold out 0.00% −0.10 SMWB Similarweb Ltd. Reduce -36.8% 1.25% +0.03 NET Cloudflare Inc. Class A Reduce -7.7% 1.24% +0.03 QFIN Qfin Holdings Inc.-ADR Reduce -5.7% 4.09% +0.20 NU Nu Holdings Ltd./Cayman Isl-A Reduce -23.9% 7.89% +0.32 TCOM Trip.com Group Ltd.-ADR Reduce -4.7% 3.38% +0.34 AMZN Amazon.com Inc. Reduce -4.3% 5.33% +0.42
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ TSM Taiwan Semiconductor-SP ADR New 2.42% +2.42 CPNG Coupang Inc. Add +73.5% 4.27% +1.93 SE Sea Ltd.-ADR Add +25.0% 5.07% +1.87 ONC Beone Medicines Ltd.-ADR Add +87.2% 2.51% +0.89 GOOG Alphabet Inc. Class C Add +43.3% 2.62% +0.85 XP XP Inc. Class A Add +38.4% 2.51% +0.58 CART Maplebear Inc. New 0.55% +0.55 BILL Bill Holdings Inc. Add +66.1% 1.26% +0.32 JD Jd.com Inc.-ADR Add +8.8% 3.01% −0.04 FRSH Freshworks Inc. Class A Add +12.4% 2.93% −0.58 BEKE Ke Holdings Inc.-ADR Add +6.3% 3.70% −0.60
All Filings Quarter Positions 13F Reported Value Top Holdings Q3 2025 0 $0 Q2 2025 0 $0 Q1 2025 5 $4.6M MELI, AMZN, GOOG, KKR, BRK.B Q4 2024 15 $52.4M AMZN, MELI, GOOG, KKR, XYZ Q3 2024 16 $46.3M MELI, KKR, AMZN, XYZ, GOOG Q2 2024 31 $84.8M MELI, KKR, NU, AMZN, PDD Q1 2024 Amended 33 $112.3M MELI, NU, KKR, PDD, AMZN