North of South Capital LLP

CIK: 0002033334SEC EDGAR →

Portfolio Value

$1.1B

Holdings

27

As of

Q4 2025

New Positions

27

Closed Positions

0

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ICICI BANK-ADR

7,388,440$220.2M
19.79%
2

TAIWAN SEMIC-ADR

453,780$137.9M
12.39%
3

JD.COM INC-ADR

4,253,012$122.1M
10.97%
4

FULL TRUCK A-ADR

10,847,821$116.4M
10.46%
5

PAN AMER SILVER

2,147,562$111.3M
10.00%
6

KT CORP-ADR

4,529,411$85.9M
7.72%
7

YPF SA-ADR

1,670,378$60.4M
5.43%
8

BAIDU INC-SP ADR

426,013$55.7M
5.00%
9

LAUREATE EDUCATI

1,537,384$51.8M
4.65%
10

AUTOHOME INC-ADR

2,272,864$50.6M
4.55%

Quarterly Changes

Top Buys

IBNNEW
$220.2M
TSMNEW
$137.9M
JDNEW
$122.1M
YMMNEW
$116.4M
PAASNEW
$111.3M

Top Sells

No sells this quarter

New Positions (27)

$220.2M · 7.4M shares
$137.9M · 454K shares
$122.1M · 4.3M shares
$116.4M · 10.8M shares
$111.3M · 2.1M shares
$85.9M · 4.5M shares
$60.4M · 1.7M shares
$55.7M · 426K shares
$51.8M · 1.5M shares
$50.6M · 2.3M shares
$40.0M · 2.3M shares
$35.5M · 4.0M shares
$5.8M · 39K shares
$3.1M · 266K shares
$3.0M · 11K shares
$1.9M · 95K shares
$1.6M · 202K shares
$1.6M · 120K shares
$1.5M · 27K shares
$1.4M · 18K shares
$1.4M · 28K shares
$925K · 50K shares
$904K · 17K shares
$778K · 85K shares
$542K · 30K shares
AXIA ENERGIA-ADR
$429K · 72K shares
$291K · 100K shares

Sector Breakdown

Sector# HoldingsValue%
Technology4$257.3M23.1%
Financial Services2$223.2M20.1%
Consumer Cyclical3$167.9M15.1%
Communication Services3$138.0M12.4%
Basic Materials4$115.1M10.3%
Energy2$63.5M5.7%
Unknown5$58.8M5.3%
Consumer Defensive1$51.8M4.7%
Industrials2$36.4M3.3%
Utilities1$778K0.1%