SEC 13F Intelligence

Managers / Q1 2020 · view latest →

MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC

CIK 0001028074 · 4 EMBARCADERO CENTER, SUITE 550, SAN FRANCISCO, CA, 94111 · 415-955-8122

Reported Value
$1.6B
Q1 2020
Positions
33
Filings on Record
30
2019–present window
Filed
May 11, 2020
original filing

Summary

Matthews International Capital Management LLC reported $1.6B in U.S.-listed holdings across 33 positions for Q1 2020.

The portfolio is heavily concentrated: BABA alone accounts for 45.8% of reported value.

Compared with Q4 2019, the fund opened 6 new positions and exited 4.

Portfolio Metrics

Turnover
+3.9%
vs prior filed quarter
Top-10 Concentration
+82.3%
share of reported value
Largest Position
+45.8%
Alibaba Group Hldg
New / Exited
6 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.6BQ4 ’18Q1 ’19: $2.1BQ2 ’19: $2.2BQ3 ’19: $2.2BQ4 ’19: $2.1BQ4 ’19Q1 ’20: $1.6BQ2 ’20: $1.3BQ3 ’20: $1.5BQ4 ’20: $1.9BQ4 ’20Q1 ’21: $2.4BQ2 ’21: $2.4BQ3 ’21: $1.6BQ4 ’21: $958MQ4 ’21Q1 ’22: $722MQ2 ’22: $696MQ3 ’22: $688MQ4 ’22: $846MQ4 ’22Q1 ’23: $1.0BQ2 ’23: $854MQ3 ’23: $827MQ4 ’23: $712MQ4 ’23Q1 ’24: $508MQ2 ’24: $460MQ3 ’24: $607MQ4 ’24: $489MQ4 ’24Q1 ’25: $484MQ2 ’25: $435MQ3 ’25: $429MQ4 ’25: $329MQ4 ’25Q1 ’26: $246Mfilingsflow.com

Portfolio Composition

By security type
ADR: 79.7%Common Stock: 17.0%Other: 3.0%GLOBAL: 0.3%
  • ADR · 79.7% · $1.2B
  • Common Stock · 17.0% · $264M
  • Other · 3.0% · $47M
  • GLOBAL · 0.3% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SDGRSCHRODINGER INCNEW+427.3K427.3K+$18M$18M
JOYYJOYY INCNEW+138.0K138.0K+$7M$7M
ZYMEWORKS INCNEW+129.7K129.7K+$5M$5M
STAASTAAR SURGICAL CONEW+21.1K21.1K+$681,000$681,000
MUMICRON TECHNOLOGY INCNEW+14.6K14.6K+$614,000$614,000
AMATAPPLIED MATLS INCNEW+9.4K9.4K+$431,000$431,000
58 COM INCSOLD OUT−185.1K0−$12M$0
HUYAHUYA INCSOLD OUT−299.1K0−$5M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2020

33 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS45.79%$712M3.66M
2YUMCYUM CHINA HLDGS INChistory →COM9.77%$152M3.56M
3TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS4.99%$78M1.62M
4BILIBILIBILI INChistory →SPONS ADS REP Z3.69%$57M2.45M
5JDJD COM INChistory →SPON ADR CL A3.54%$55M1.36M
6TMETENCENT MUSIC ENTMT GROUPhistory →SPON ADS3.52%$55M5.44M
7NTESNETEASE INChistory →SPONSORED ADS3.47%$54M168.2K
8AVGOBROADCOM INChistory →COM3.19%$50M209.4K
9ONCBEIGENE LTDhistory →SPONSORED ADR2.15%$33M272.0K
10NEW ORIENTAL ED & TECH GRP ISPON ADR2.15%$33M309.2K
11BZUNBAOZUN INChistory →SPONSORED ADR1.81%$28M1.01M
12CHINA MOBILE LIMITEDSPONSORED ADR1.63%$25M673.7K
13CTSHCOGNIZANT TECHNOLOGY SOLUTIOhistory →CL A1.60%$25M535.6K
14ATHMAUTOHOME INChistory →SP ADR RP CL A1.39%$22M303.6K
15MLCOMELCO RESORTS AND ENTMT LTDhistory →ADR1.36%$21M1.71M
16HSBCHSBC HLDGS PLChistory →SPON ADR NEW1.29%$20M715.3K
17SDGRSCHRODINGER INChistory →COM1.19%$18M427.3K
18TALTAL EDUCATION GROUPhistory →SPONSORED ADS1.18%$18M344.8K
19TLKP T TELEKOMUNIKASI INDONESIAhistory →SPONSORED ADR1.10%$17M887.9K
20SESEA LTDhistory →SPONSORED ADS0.97%$15M340.8K
21HTHTHUAZHU GROUP LTDSPONSORED ADS0.59%$9M319.1K
22OYSTOYSTER PT PHARMA INCCOM0.51%$8M225.0K
23FREQUENCY THERAPEUTICS INCCOM0.50%$8M437.1K
24JOYYJOYY INCADS REPSTG COM A0.47%$7M138.0K
25MOMO INCADR0.47%$7M334.8K
26TURNING POINT THERAPEUTICS ICOM0.34%$5M118.0K
27ZLABZAI LAB LTDADR0.32%$5M97.1K
28WEIBO CORPNOTE 1.250%11/10.32%$5M5.70M
29ZYMEWORKS INCCOM0.30%$5M129.7K
30NEXTCURE INCCOM0.29%$4M120.0K
31STAASTAAR SURGICAL COCOM PAR $0.010.04%$681,00021.1K
32MUMICRON TECHNOLOGY INCCOM0.04%$614,00014.6K
33AMATAPPLIED MATLS INCCOM0.03%$431,0009.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$246M37May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$329M40Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$429M40Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$435M40Jul 21, 202513F-HRchanges · EDGAR ↗
Q1 2025$484M37Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$489M42Jan 22, 202513F-HRchanges · EDGAR ↗
Q3 2024$607M42Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$460M38Jul 22, 202413F-HRchanges · EDGAR ↗
Q1 2024$508M38Apr 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$712M36Jan 17, 202413F-HRchanges · EDGAR ↗
Q3 2023$827M38Oct 27, 202313F-HRchanges · EDGAR ↗
Q2 2023$854M45Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.0B43May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$846M39Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$688M38Nov 4, 202213F-HRchanges · EDGAR ↗
Q2 2022$696M41Jul 13, 202213F-HRchanges · EDGAR ↗
Q1 2022$722M38May 5, 202213F-HRchanges · EDGAR ↗
Q4 2021$958M38Feb 2, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.6B41Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.4B49Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.4B51May 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.9B40Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.5B35Nov 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.3B35Jul 29, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.6B33May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.1B31Feb 4, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.2B33Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.2B35Aug 6, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.1B35May 6, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.6B34Feb 6, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.