WFM ASIA (BVI) Ltd
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), WFM ASIA (BVI) Ltd reported 8 stock positions worth $901.6 million. Its top holding was Full Truck Alliance -SPN ADR (YMM) at 26.5% of the portfolio, followed by Grab Class A (GRAB, 22.4%) and Sea Ltd.-ADR (SE, 21.6%). Compared with Q2 2025, it opened 1 new position, added to 2 and reduced 4. The biggest buy was Grab Class A (GRAB, shares +7%) and the biggest sale Sea Ltd.-ADR (SE, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001632574
- Portfolio Value
- $901.6M (Q3 2025)
- SEC Filing
- 0001632574-25-000013 ↗ filed Nov 12, 2025
Holdings Value
Holdings 8 stocks · $901.6M
| YMM Full Truck Alliance -SPN ADR | 26.51% | 18,429,584 | $239.0M | Reduce -2.0% |
| GRAB Grab Holdings Ltd. Class A | 22.36% | 33,481,515 | $201.6M | Add +7.3% |
| SE Sea Ltd.-ADR | 21.64% | 1,091,741 | $195.1M | Reduce -40.9% |
| BZ Kanzhun Ltd. - ADR | 15.93% | 6,149,000 | $143.6M | No change |
| ATAT Atour Lifestyle Holdings-ADR | 4.63% | 1,109,593 | $41.7M | Reduce -9.8% |
| HTHT H World Group Ltd.-ADR | 4.58% | 1,056,294 | $41.3M | Reduce -65.2% |
| MNSO Miniso Group Holding Ltd.-ADR | 3.95% | 1,583,302 | $35.6M | New |
| YB Yuanbao Inc. -ADR | 0.40% | 182,500 | $3.6M | Add +89.9% |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 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 |