WFM ASIA (BVI) Ltd

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), WFM ASIA (BVI) Ltd reported 7 stock positions worth $742.1 million. Its top holding was Sea Ltd.-ADR (SE) at 25.2% of the portfolio, followed by Full Truck Alliance -SPN ADR (YMM, 19.1%) and H World Group Ltd.-ADR (HTHT, 18.5%). Compared with Q1 2024, it sold out of 2, added to 2 and reduced 1. The biggest buy was H World Group Ltd.-ADR (HTHT, shares +23%) and the biggest sale an exit from Hello Group Inc. -SPN ADR (MOMO).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001632574
Portfolio Value
$742.1M (Q2 2024)
SEC Filing
0001632574-24-000007 ↗ filed Aug 13, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $707.6M Q1 2024 Q2 2024: $742.1M $742.1M Q2 2024 Q3 2024: $905.4M Q3 2024 Q4 2024: $921.3M Q4 2024 Q1 2025: $896.1M Q1 2025 Q2 2025: $929.3M Q2 2025 Q3 2025: $901.6M Q3 2025 Q4 2025: $805.2M Q4 2025 Q1 2026: $632.1M Q1 2026 Q2 2026: $662.8M Q2 2026

Holdings 7 stocks · $742.1M
SE Sea Ltd.-ADR 25.19% 2,618,041 $187.0M No change
YMM Full Truck Alliance -SPN ADR 19.06% 17,595,284 $141.5M No change
HTHT H World Group Ltd.-ADR 18.46% 4,111,988 $137.0M Add +23.1%
FRSH Freshworks Inc. Class A 16.15% 9,445,297 $119.9M Add +25.2%
GRAB Grab Holdings Ltd. Class A 14.36% 30,029,615 $106.6M No change
ZTO Zto Express Cayman Inc.-ADR 6.11% 2,183,677 $45.3M No change
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.66% 346,440 $4.9M Reduce -47.4%

Portfolio Sells Q1 2024 → Q2 2024
MOMO Hello Group Inc. -SPN ADR Sold out 0.00% −3.00
BEKE Ke Holdings Inc.-ADR Reduce -47.4% 0.66% −0.62
PERF Perfect Corp. Sold out 0.00% −0.30

Portfolio Buys Q1 2024 → Q2 2024
HTHT H World Group Ltd.-ADR Add +23.1% 18.46% +0.20
FRSH Freshworks Inc. Class A Add +25.2% 16.15% −3.27

Notes & Other Activity Q1 2024 → Q2 2024
PERFF Perfect Corp. *W EXP 10/28/202 Sold out 1,250,000 $100Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 5$662.8MGRAB, SE, ACMR, YMM, ATAT
Q1 2026 6$632.1MGRAB, SE, ATAT, YMM, GDS
Q4 2025 6$805.2MSE, GRAB, YMM, ATAT, BZ
Q3 2025 8$901.6MYMM, GRAB, SE, BZ, ATAT
Q2 2025 7$929.3MSE, YMM, GRAB, BZ, HTHT
Q1 2025 7$896.1MSE, YMM, BZ, GRAB, HTHT
Q4 2024 7$921.3MYMM, SE, GRAB, HTHT, FRSH
Q3 2024 6$905.4MHTHT, SE, YMM, GRAB, FRSH
Q2 2024 7$742.1MSE, YMM, HTHT, FRSH, GRAB
Q1 2024 9$707.6MSE, FRSH, HTHT, YMM, GRAB