WFM ASIA (BVI) Ltd
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), WFM ASIA (BVI) Ltd reported 7 stock positions worth $896.1 million. Its top holding was Sea Ltd.-ADR (SE) at 28.7% of the portfolio, followed by Full Truck Alliance -SPN ADR (YMM, 26.8%) and Kanzhun Ltd. - ADR (BZ, 18.5%). Compared with Q4 2024, it opened 1 new position, sold out of 1, added to 2 and reduced 3. The biggest buy was Kanzhun Ltd. - ADR (BZ, shares +10%) and the biggest sale Freshworks Class A (FRSH, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001632574
- Portfolio Value
- $896.1M (Q1 2025)
- SEC Filing
- 0001632574-25-000005 ↗ filed May 13, 2025
Holdings Value
Holdings 7 stocks · $896.1M
| SE Sea Ltd.-ADR | 28.69% | 1,970,041 | $257.1M | No change |
| YMM Full Truck Alliance -SPN ADR | 26.80% | 18,809,184 | $240.2M | Reduce -7.2% |
| BZ Kanzhun Ltd. - ADR | 18.52% | 8,658,500 | $166.0M | Add +9.5% |
| GRAB Grab Holdings Ltd. Class A | 15.37% | 30,407,515 | $137.7M | Add +9.1% |
| HTHT H World Group Ltd.-ADR | 7.56% | 1,831,116 | $67.8M | Reduce -50.3% |
| ATAT Atour Lifestyle Holdings-ADR | 1.95% | 615,293 | $17.4M | New |
| FRSH Freshworks Inc. Class A | 1.10% | 700,000 | $9.9M | Reduce -90.5% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 5 | $662.8M | GRAB, SE, ACMR, YMM, ATAT |
| Q1 2026 | 6 | $632.1M | GRAB, SE, ATAT, YMM, GDS |
| Q4 2025 | 6 | $805.2M | SE, GRAB, YMM, ATAT, BZ |
| Q3 2025 | 8 | $901.6M | YMM, GRAB, SE, BZ, ATAT |
| Q2 2025 | 7 | $929.3M | SE, YMM, GRAB, BZ, HTHT |
| Q1 2025 | 7 | $896.1M | SE, YMM, BZ, GRAB, HTHT |
| Q4 2024 | 7 | $921.3M | YMM, SE, GRAB, HTHT, FRSH |
| Q3 2024 | 6 | $905.4M | HTHT, SE, YMM, GRAB, FRSH |
| Q2 2024 | 7 | $742.1M | SE, YMM, HTHT, FRSH, GRAB |
| Q1 2024 | 9 | $707.6M | SE, FRSH, HTHT, YMM, GRAB |