SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Penserra Capital Management LLC

CIK 0001593324 · 4 ORINDA WAY, SUITE 100-A, ORINDA, CA, 94563 · 646-459-0581

Reported Value
$5.6B
Q1 2025
Positions
1,592
Filings on Record
30
2019–present window
Filed
Apr 29, 2025
original filing

Summary

Penserra Capital Management LLC reported $5.6B in U.S.-listed holdings across 1,592 positions for Q1 2025.

Its largest position, PMAR, represents 13.9% of the portfolio.

Compared with Q4 2024, the fund opened 96 new positions and exited 151.

Portfolio Metrics

Turnover
+16.9%
vs prior filed quarter
Top-10 Concentration
+33.0%
share of reported value
Largest Position
+13.9%
Innovator Etfs
New / Exited
96 / 151
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: $1.0BQ4 ’18Q1 ’19: $1.2BQ2 ’19: $1.3BQ3 ’19: $1.2BQ4 ’19: $1.5BQ4 ’19Q1 ’20: $1.5BQ2 ’20: $1.9BQ3 ’20: $2.6BQ4 ’20: $4.2BQ4 ’20Q1 ’21: $5.4BQ2 ’21: $5.5BQ3 ’21: $4.8BQ4 ’21: $4.7BQ4 ’21Q1 ’22: $4.2BQ2 ’22: $3.7BQ3 ’22: $3.5BQ1 ’23: $4.8BQ1 ’23Q2 ’23: $5.1BQ3 ’23: $4.8BQ4 ’23: $5.3BQ1 ’24: $8.0BQ1 ’24Q2 ’24: $7.9BQ3 ’24: $4.6BQ4 ’24: $5.5BQ1 ’25: $5.6BQ1 ’25Q2 ’25: $7.2BQ3 ’25: $8.4BQ4 ’25: $8.4BQ1 ’26: $8.5BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 58.8%ETP: 24.7%Closed-End Fund: 9.6%ADR: 3.2%REIT: 1.8%Other: 2.0%
  • Common Stock · 58.8% · $3.3B
  • ETP · 24.7% · $1.4B
  • Closed-End Fund · 9.6% · $536M
  • ADR · 3.2% · $178M
  • REIT · 1.8% · $103M
  • Other · 2.0% · $111M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPYMSPDR SER TRNEW+577.6K577.6K+$38M$38M
TIPISHARES TRNEW+240.0K240.0K+$27M$27M
QQQINVESCO QQQ TRNEW+53.2K53.2K+$25M$25M
VYMVANGUARD WHITEHALL FDSNEW+151.5K151.5K+$20M$20M
ACPABRDN INCOME CREDIT STRATEGINEW+2.89M2.89M+$17M$17M
XAODXABRDN TOTAL DYNAMIC DIVIDENDNEW+1.97M1.97M+$17M$17M
VOEVANGUARD INDEX FDSNEW+99.8K99.8K+$16M$16M
VVRINVESCO SR INCOME TRNEW+4.08M4.08M+$15M$15M

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

Holdings — Q1 2025

415 positions
#IssuerClass% PortfolioValueShares
1PMARINNOVATOR ETFS TRUSTUS EQTY PWR BUF · US EQTY PWR BF · US EQT PWR BUF · US EQTY BUFR MAR · US EQTY BUFR MAY · US EQTY BUF NOV · US EQTY BUFR JAN · US EQTY BUFR JUN · US EQUT BUFR AUG · US EQTY BUF SEP · US EQTY BUFR FEB · US EQTY BUF OCT · US EQTY BUFR JUL · US EQT BUFR APR · US EQTY BUF DEC13.92%$781M20.07M
2AVGOBROADCOM INChistory →COM2.75%$155M922.8K
3NOCNORTHROP GRUMMAN CORPhistory →COM2.47%$139M271.2K
4CSCOCISCO SYS INChistory →COM2.44%$137M2.22M
5GDGENERAL DYNAMICS CORPhistory →COM2.09%$117M431.0K
6VTVVANGUARD INDEX FDSVALUE ETF · GROWTH ETF · MCAP VL IDXVIP · SMALL CP ETF · MCAP GR IDXVIP · REAL ESTATE ETF1.99%$112M545.8K
7PANWPALO ALTO NETWORKS INChistory →COM1.95%$110M642.0K
8CRWDCROWDSTRIKE HLDGS INChistory →CL A1.89%$106M301.1K
9FTNTFORTINET INChistory →COM1.75%$98M1.02M
10VGSHVANGUARD SCOTTSDALE FDSSHORT TERM TREAS · INT-TERM CORP · SHRT TRM CORP BD1.71%$96M1.47M
11OKTAOKTA INChistory →CL A1.69%$95M901.5K
12CHKPCHECK POINT SOFTWARE TECH LThistory →ORD1.60%$90M393.2K
13ZSZSCALER INChistory →COM1.60%$90M451.5K
14CYBERARK SOFTWARE LTDSHS1.42%$80M236.3K
15GENGEN DIGITAL INChistory →COM1.40%$79M2.97M
16NETCLOUDFLARE INChistory →CL A COM1.34%$75M669.6K
17FFIVF5 INChistory →COM1.33%$75M281.4K
18QLYSQUALYS INChistory →COM1.12%$63M499.1K
19VRNSVARONIS SYS INChistory →COM1.11%$62M1.54M
20BSVVANGUARD BD INDEX FDSSHORT TRM BOND · INTERMED TERM1.09%$61M789.1K
21SSENTINELONE INChistory →CL A1.09%$61M3.38M
22RBRKRUBRIK INC.history →CL A1.09%$61M1.01M
23TENBTENABLE HLDGS INChistory →COM1.05%$59M1.69M
24MCHIISHARES TRMSCI CHINA ETF · TIPS BD ETF1.05%$59M831.7K
25SPYMSPDR SER TRPORTFOLIO S&P500 · PORTFOLIO S&P400 · BLOOMBERG 1-3 MO1.01%$57M913.5K
26RPDRAPID7 INChistory →COM0.89%$50M1.88M
27FSLYFASTLY INChistory →CL A0.81%$45M7.18M
28ATENA10 NETWORKS INChistory →COM0.74%$41M2.54M
29QBTSD-WAVE QUANTUM INChistory →COM0.69%$39M5.07M
30VPLVANGUARD INTL EQUITY INDEX FFTSE PACIFIC ETF · FTSE EUROPE ETF0.58%$33M455.9K
31MGKVANGUARD WORLD FDhistory →MEGA GRWTH IND0.56%$31M101.2K
32PDDPDD HOLDINGS INChistory →SPONSORED ADS0.50%$28M237.0K
33XCEMCOLUMBIA ETF TR IIhistory →EM CORE EX ETF0.46%$26M866.5K
34QQQINVESCO QQQ TRhistory →UNIT SER 10.44%$25M53.2K
35BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS0.43%$24M183.8K
36VVISA INChistory →COM CL A0.40%$23M64.7K
37MAMASTERCARD INCORPORATEDhistory →CL A0.38%$22M39.3K
38SESEA LTDhistory →SPONSORD ADS0.38%$21M161.7K
39IBMINTERNATIONAL BUSINESS MACHShistory →COM0.36%$20M82.1K
40XLRESELECT SECTOR SPDR TRRL EST SEL SEC · SBI INT-UTILS · SBI HEALTHCARE0.36%$20M368.3K
41RTXRTX CORPORATIONhistory →COM0.35%$20M149.4K
42MELIMERCADOLIBRE INChistory →COM0.35%$20M10.1K
43VYMVANGUARD WHITEHALL FDShistory →HIGH DIV YLD0.35%$20M151.5K
44NOKNOKIA CORPhistory →SPONSORED ADR0.35%$20M3.71M
45AMDADVANCED MICRO DEVICES INChistory →COM0.34%$19M186.5K
46THQABRDN HEALTHCARE OPPORTUNITIhistory →SHS0.34%$19M926.7K
47PLTRPALANTIR TECHNOLOGIES INChistory →CL A0.34%$19M225.5K
48PYPLPAYPAL HLDGS INChistory →COM0.33%$19M286.7K
49NVDANVIDIA CORPORATIONhistory →COM0.33%$19M171.9K
50IGRCBRE GBL REAL ESTATE INC FDhistory →COM0.33%$19M3.59M
51INTCINTEL CORPhistory →COM0.33%$18M812.7K
52MSFTMICROSOFT CORPhistory →COM0.32%$18M47.4K
53QCOMQUALCOMM INChistory →COM0.32%$18M115.5K
54WDIWESTERN ASSET DIVERSIFIED INhistory →COM SHS BEN INT0.31%$18M1.22M
55RGTIRIGETTI COMPUTING INChistory →COMMON STOCK0.31%$18M2.22M
56GOOGLALPHABET INChistory →CAP STK CL A0.31%$17M112.5K
57LRCXLAM RESEARCH CORPhistory →COM NEW0.31%$17M238.9K
58TXNTEXAS INSTRS INChistory →COM0.31%$17M96.0K
59JFRNUVEEN FLOATING RATE INCOMEhistory →COM0.31%$17M2.02M
60KLACKLA CORPhistory →COM NEW0.31%$17M25.2K
61MEGINYLI CBRE GBL INFR MEGTRNDShistory →COM0.30%$17M1.28M
62ACPABRDN INCOME CREDIT STRATEGIhistory →COM0.30%$17M2.89M
63BIDUBAIDU INChistory →SPON ADR REP A0.30%$17M183.0K
64FISVFISERV INChistory →COM0.30%$17M75.9K
65BMEZBLACKROCK HEALTH SCIENCES TEhistory →COM SHS0.30%$17M1.12M
66ECATBLACKROCK ESG CAP ALLC TERMhistory →SHS BEN INT0.30%$17M1.05M
67FAXABRDN ASIA PACIFIC INCOME FUhistory →COM NEW0.30%$17M1.06M
68XAODXABRDN TOTAL DYNAMIC DIVIDENDhistory →COM SH BEN INT0.29%$17M1.97M
69HONHONEYWELL INTL INChistory →COM0.29%$16M77.4K
70HQHABRDN HEALTHCARE INVESTORShistory →SH BEN INT0.29%$16M1.01M
71BCATBLACKROCK CAP ALLOCATION TERhistory →COM0.29%$16M1.14M
72ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.29%$16M52.3K
73MUMICRON TECHNOLOGY INChistory →COM0.29%$16M185.5K
74SNOWSNOWFLAKE INChistory →CL A0.29%$16M110.0K
75AXPAMERICAN EXPRESS COhistory →COM0.29%$16M59.7K
76JNPJUNIPER NETWORKS INChistory →COM0.28%$16M437.3K
77LMTLOCKHEED MARTIN CORPhistory →COM0.28%$16M35.1K
78IFNINDIA FD INChistory →COM0.27%$15M972.9K
79VVRINVESCO SR INCOME TRhistory →COM0.27%$15M4.08M
80CRUSCIRRUS LOGIC INChistory →COM0.27%$15M153.3K
81ORCLORACLE CORPhistory →COM0.27%$15M108.7K
82ADIANALOG DEVICES INChistory →COM0.27%$15M75.3K
83ASMLFASML HOLDING N Vhistory →N Y REGISTRY SHS0.27%$15M22.9K
84GLDMWORLD GOLD TRhistory →SPDR GLD MINIS0.27%$15M242.9K
85NUNU HLDGS LTDhistory →ORD SHS CL A0.26%$15M1.44M
86ASGIABRDN GLOBAL INFRA INCOME FUhistory →COM SHS BEN INT0.25%$14M770.4K
87FISFIDELITY NATL INFORMATION SVhistory →COM0.25%$14M189.4K
88NXPINXP SEMICONDUCTORS N Vhistory →COM0.25%$14M74.4K
89BSTZBLACKROCK SCIENCE & TECHNOLOhistory →SHS BEN INT0.25%$14M794.7K
90ONTOONTO INNOVATION INChistory →COM0.25%$14M115.4K
91TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS0.25%$14M84.0K
92DBX ETF TRXTRACK USD HIGH0.25%$14M383.9K
93AMATAPPLIED MATLS INChistory →COM0.25%$14M95.6K
94WITWIPRO LTDhistory →SPON ADR 1 SH0.25%$14M4.52M
95SNPSSYNOPSYS INChistory →COM0.24%$14M31.9K
96STMSTMICROELECTRONICS N Vhistory →NY REGISTRY0.24%$14M622.7K
97BTXBLACKROCK TECH AND PRIVATE Ehistory →SHS BEN INT0.24%$14M2.18M
98LSCCLATTICE SEMICONDUCTOR CORPhistory →COM0.24%$14M259.5K
99ESTCELASTIC N Vhistory →ORD SHS0.24%$14M152.8K
100AVKADVENT CONV & INCOME FDhistory →COM0.24%$14M1.18M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$8.5B1,586May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$8.4B1,548Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$8.4B1,555Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$7.2B1,478Aug 6, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.6B1,592Apr 29, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.5B1,958Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$4.6B1,620Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$7.9B1,825Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$8.0B1,837May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$5.3B2,200Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.8B2,222Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$5.1B2,218Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$4.8B1,761Apr 24, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review1,791Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.5B1,231Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.7B1,680Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.2B1,833May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.7B1,703Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.8B1,812Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$5.5B1,652Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$5.4B1,350May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$4.2B1,258Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.6B1,322Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.9B1,220Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.5B1,263May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.5B1,354Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.2B1,413Nov 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.3B1,164Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.2B1,081May 8, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.0B887Feb 6, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 13 additional managers.

  • Guinness Atkinson Asset Management Inc028-12657
  • Kingsview Wealth Management, LLC028-19701
  • Capital Wealth Planning, LLC028-15439
  • Curi RMB Capital, LLC028-11714
  • EXCHANGE TRADED CONCEPTS, LLC028-19670
  • Innovator Capital Management, LLC028-18162
  • Amplify Investments, LLC028-17968
  • Hoya Capital Real Estate, LLC028-21631
  • Defiance ETFs, LLC
  • Beyond Advisors IC
  • Estate Counselors, LLC028-15056
  • Kelly Strategic Management, LLC028-24113
  • Grant/GrossMendelsohn, LLC028-20429

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 ↗.