13F holdings as of 2025-03-31 · vs 2024-12-31 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | EWYISHARES INC | 921K | $49.8M | 7.9% | +$2.9M | |
| 2 | BIDUBAIDU INC | TRIM | 486K | $44.7M | 7.1% | -$15.8M |
| 3 | EWWISHARES INC | ADD | 665K | $33.9M | 5.4% | +$23.6M |
| 4 | AMCOR PLC | ADD | 3.3M | $31.7M | 5.0% | +$6.1M |
| 5 | KRESPDR SERIES TRUST | NEW | 532K | $30.2M | 4.8% | new |
| 6 | ZZILLOW GROUP INC | ADD | 392K | $26.9M | 4.3% | +$3.8M |
| 7 | EMLCVANECK ETF TRUST | TRIM | 1.0M | $24.6M | 3.9% | -$20.7M |
| 8 | PPGPPG INDS INC | ADD | 217K | $23.7M | 3.8% | +$3.2M |
| 9 | ZMZOOM COMMUNICATIONS INC | NEW | 286K | $21.1M | 3.3% | new |
| 10 | KBESPDR SERIES TRUST | NEW | 389K | $20.6M | 3.3% | new |
| 11 | BZKANZHUN LIMITED | TRIM | 1.1M | $20.2M | 3.2% | -$4.3M |
| 12 | IJHISHARES TR | NEW | 346K | $20.2M | 3.2% | new |
| 13 | CCKCROWN HLDGS INC | 222K | $19.8M | 3.1% | +$1.5M | |
| 14 | ECNSISHARES TR | 713K | $19.8M | 3.1% | +$1.6M | |
| 15 | DOWDOW HLDGS INC | NEW | 560K | $19.6M | 3.1% | new |
| 16 | NVDANVIDIA CORPORATION | NEW | 178K | $19.3M | 3.1% | new |
| 17 | HONHONEYWELL INTL INC | NEW | 80K | $16.9M | 2.7% | new |
| 18 | INTUINTUIT | NEW | 27K | $16.6M | 2.6% | new |
| 19 | MSFTMICROSOFT CORP | ADD | 39K | $14.6M | 2.3% | +$3.8M |
| 20 | ARCCARES CAPITAL CORP | ADD | 648K | $14.4M | 2.3% | +$7.7M |
| 21 | DELLDELL TECHNOLOGIES INC | NEW | 156K | $14.2M | 2.3% | new |
| 22 | VZVERIZON COMMUNICATIONS INC | TRIM | 251K | $11.4M | 1.8% | -$9.1M |
| 23 | INTCINTEL CORP | NEW | 493K | $11.2M | 1.8% | new |
| 24 | PYPLPAYPAL HLDGS INC | ADD | 169K | $11.0M | 1.7% | -$393K |
| 25 | APDAIR PRODUCTS AND CHEMICALS I | ADD | 37K | $10.9M | 1.7% | +$2.2M |
| 26 | BXSLBLACKSTONE SECD LENDING FD | ADD | 337K | $10.9M | 1.7% | +$4.5M |
| 27 | TAT&T INC | TRIM | 308K | $8.7M | 1.4% | -$16.4M |
| 28 | IQIQIYI INC | TRIM | 3.7M | $8.3M | 1.3% | -$2.1M |
| 29 | WWAYFAIR INC | 258K | $8.3M | 1.3% | -$3.2M | |
| 30 | BIZDVANECK ETF TRUST | ADD | 475K | $8.0M | 1.3% | +$2.3M |
| 31 | FRTFEDERAL RLTY INVT TR NEW | ADD | 64K | $6.3M | 1.0% | +$809K |
| 32 | AKRACADIA RLTY TR | ADD | 295K | $6.2M | 1.0% | +$2.6M |
| 33 | NTESNETEASE COM INC | TRIM | 50K | $5.2M | 0.8% | -$3.7M |
| 34 | TGTTARGET CORP | NEW | 43K | $4.4M | 0.7% | new |
| 35 | UDRUDR INC | ADD | 95K | $4.3M | 0.7% | +$327K |
| 36 | EQREQUITY RESIDENTIAL | ADD | 54K | $3.9M | 0.6% | +$127K |
| 37 | AVBAVALONBAY CMNTYS INC | ADD | 16K | $3.4M | 0.5% | +$69K |
| 38 | VNOVORNADO RLTY TR | NEW | 88K | $3.3M | 0.5% | new |
| 39 | SLGSL GREEN RLTY CORP | NEW | 38K | $2.2M | 0.3% | new |
Source: SEC Form 13F. Values are as-of 2025-03-31 (quarter-end), not live. Percentages are of reported 13F value, not the fund’s full AUM (13F excludes shorts, cash, bonds, most non-US holdings).