FACTORIAL MANAGEMENT Ltd

Est. AUM

$3.82B

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	HDFC BANK LTD	SPONSORED ADS	$1.40B	56260	36.60%	SOLE
2	ALIBABA GROUP HLDG LTD	NOTE 0.500% 6/0	$1.39B	1000000	36.29%	SOLE
3	TRIP COM GROUP LTD	NOTE 0.750% 6/1	$1.04B	1000000	27.11%	SOLE

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.