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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | SEA LTD | $295.1M | 3563098 | 42.06% |
| 2 | NEBIUS GROUP N.V. | $109.6M | 1055816 | 15.62% |
| 3 | NU HLDGS LTD | $104.4M | 7265000 | 14.88% |
| 4 | PDD HOLDINGS INC | $50.1M | 490650 | 7.15% |
| 5 | MERCADOLIBRE INC | $36.8M | 21257 | 5.24% |
| 6 | UNITY SOFTWARE INC | $35.0M | 1594227 | 4.99% |
| 7 | GRUPO FINANCIERO GALICIA S.A | $30.7M | 657333 | 4.38% |
| 8 | ROBLOX CORP | $22.1M | 390000 | 3.14% |
| 9 | KASPI KZ JSC | $17.9M | 241500 | 2.55% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.