Q4 2025 · 13F-HR
Kora Management LPholdings as filed
Filed 2026-02-17 · accession 0000902664-26-001139
$750.7M
Reported value
9
Positions
2025-12-31
Period end
The Brief · Kora Management LP · Q4 2025
AI · grounded in 13F
Kora Management LP initiated a new position in GGAL valued at $29.0M. The fund also established a new stake in KSPI for $13.2M and increased its holding in MELI by 38.39%. Conversely, the fund reduced its exposure to U by 91.69% and trimmed its position in RBLX by 57.74%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 81141R100 | SE | SEA LTD | $399.9M | 53.3% | 3,135,091 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $121.6M | 16.2% | 7,265,000 | Common | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $71.4M | 9.51% | 852,816 | Common | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $55.6M | 7.41% | 490,650 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $42.8M | 5.70% | 21,257 | Common | SOLE |
| 399909100 | GGAL | GRUPO FINANCIERO GALICIA S.A | $29.0M | 3.87% | 538,333 | Common | SOLE |
| 771049103 | RBLX | ROBLOX CORP | $15.8M | 2.10% | 195,000 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $13.2M | 1.76% | 169,500 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $1.2M | 0.17% | 28,227 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.