Managers / Q3 2024 · view latest →
Kora Management LP
CIK 0001659815 · 10 JAY STREET, SUITE 6A, BROOKLYN, NY, 11201 · 212-257-5670
Summary
Kora Management LP reported $836M in U.S.-listed holdings across 8 positions for Q3 2024.
The portfolio is heavily concentrated: SE alone accounts for 52.3% of reported value.
Compared with Q2 2024, the fund opened 2 new positions and exited 1.
Portfolio Metrics
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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ADR · 80.4% · $672M
- Other · 12.0% · $100M
- Common Stock · 7.7% · $64M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| GRAB HOLDINGS LIMITED | NEW | +4.95M | 4.95M | +$19M | $19M |
| KANZHUN LIMITED | NEW | +794.0K | 794.0K | +$14M | $14M |
| STONECO LTD | SOLD OUT | −548.7K | 0 | −$7M | $0 |
| BABAALIBABA GROUP HLDG LTD | TRIMMED | −800.0K | 1.40M | −$10M | $149M |
| NU HLDGS LTD | TRIMMED | −2.79M | 5.96M | −$31M | $81M |
| PDDPDD HOLDINGS INC | ADDED | +43.0K | 538.3K | +$7M | $73M |
| SESEA LTD | HELD | +0 | 4.64M | +$106M | $437M |
| MLB1MERCADOLIBRE INC | HELD | +0 | 14.7K | +$6M | $30M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SESEA LTDhistory → | SPONSORD ADS | 52.27% | $437M | 4.64M |
| 2 | NU HLDGS LTD | ORD SHS CL A | 9.73% | $81M | 5.96M |
| 3 | PDDPDD HOLDINGS INChistory → | SPONSORED ADS | 8.68% | $73M | 538.3K |
| 4 | RBLXROBLOX CORPhistory → | CL A | 4.05% | $34M | 765.0K |
| 5 | MLB1MERCADOLIBRE INChistory → | COM | 3.61% | $30M | 14.7K |
| 6 | GRAB HOLDINGS LIMITED | CLASS A ORD | 2.25% | $19M | 4.95M |
| 7 | KANZHUN LIMITED | SPONSORED ADS | 1.65% | $14M | 794.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $702M | 9 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $751M | 9 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $942M | 7 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $814M | 6 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $764M | 8 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $861M | 8 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $836M | 8 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $727M | 7 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $483M | 6 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $406M | 6 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $387M | 6 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $372M | 5 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $435M | 4 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $315M | 4 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $334M | 4 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $303M | 3 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $446M | 2 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $858M | 2 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $1.1B | 2 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $1.0B | 2 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $979M | 3 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $990M | 3 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $854M | 6 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $688M | 7 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $442M | 7 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $468M | 8 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $377M | 8 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $337M | 7 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $227M | 7 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $157M | 7 | Feb 14, 2019 | 13F-HR | changes · 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 ↗.