Kora Management LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Kora Management LP disclosed 9 US equity positions worth $750.7m in its Q4 2025 13F filing. The largest position was SE at 53.3% of the reported book, followed by NU and NBIS. Against the Q3 2025 filing, it opened 2 new positions, added to 4 and reduced 3 among the top 9 holdings.
What did Kora Management LP own in Q4 2025? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SE SEA LTD | Consumer Cyclical | 53.3% | $399.9m | 3,135,091 | 2% | added |
| 2 | NU NU HLDGS LTD | Financial Services | 16.2% | $121.6m | 7,265,000 | 2% | added |
| 3 | NBIS NEBIUS GROUP N.V. | Communication Services | 9.5% | $71.4m | 852,816 | 16% | added |
| 4 | PDD PDD HOLDINGS INC | Consumer Cyclical | 7.4% | $55.6m | 490,650 | -19% | reduced |
| 5 | MELI MERCADOLIBRE INC | Consumer Cyclical | 5.7% | $42.8m | 21,257 | 38% | added |
| 6 | GGAL GRUPO FINANCIERO GALICIA S.A | Financial Services | 3.9% | $29.0m | 538,333 | – | new |
| 7 | RBLX ROBLOX CORP | Communication Services | 2.1% | $15.8m | 195,000 | -58% | reduced |
| 8 | KSPI KASPI KZ JSC | 1.8% | $13.2m | 169,500 | – | new | |
| 9 | U UNITY SOFTWARE INC | Technology | 0.2% | $1.2m | 28,227 | -92% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.