Managers / Q1 2026
Ashoka WhiteOak Capital Pte Ltd
CIK 0002031708 · 3 CHURCH STREET, #22-04 SAMSUNG HUB, SINGAPORE, 049483 · 65 8725 2980
Summary
Ashoka Whiteoak Capital Pte Ltd reported $264M in U.S.-listed holdings across 18 positions for Q1 2026.
The portfolio is heavily concentrated: IBN alone accounts for 46.1% of reported value.
Compared with Q4 2025, the fund opened 3 new positions and exited 2.
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 · 60.6% · $160M
- Common Stock · 23.6% · $62M
- Other · 15.8% · $42M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CTSHCOGNIZANT TECHNOLOGY SOLUTIO | NEW | +460.2K | 460.2K | +$28M | $28M |
| GOLAR LNG LTD | NEW | +227.8K | 227.8K | +$12M | $12M |
| VISTA ENERGY S.A.B. DE C.V. | NEW | +158.8K | 158.8K | +$12M | $12M |
| HCCWARRIOR MET COAL INC | ADDED | +88.5K | 131.2K | +$9M | $12M |
| TENCENT MUSIC ENTMT GROUP | SOLD OUT | −126.6K | 0 | −$2M | $0 |
| EPAMEPAM SYS INC | SOLD OUT | −1.7K | 0 | −$347,000 | $0 |
| AURA MINERALS INC | TRIMMED | −43.4K | 43.7K | −$862,344 | $4M |
| KANZHUN LIMITED | TRIMMED | −47.1K | 67.9K | −$1M | $906,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IBNICICI BANK LIMITEDhistory → | ADR | 46.14% | $122M | 4.78M |
| 2 | CTSHCOGNIZANT TECHNOLOGY SOLUTIOhistory → | CL A | 10.68% | $28M | 460.2K |
| 3 | HDBHDFC BANK LTDhistory → | SPONSORED ADS | 5.76% | $15M | 622.9K |
| 4 | ASML HLDG NV | N Y REGISTRY SHS | 4.94% | $13M | 9.9K |
| 5 | HCCWARRIOR MET COAL INChistory → | COM | 4.69% | $12M | 131.2K |
| 6 | GOLAR LNG LTD | SHS | 4.68% | $12M | 227.8K |
| 7 | VISTA ENERGY S.A.B. DE C.V. | SPONSORED ADS | 4.55% | $12M | 158.8K |
| 8 | MLB1MERCADOLIBRE INChistory → | COM | 4.34% | $11M | 6.6K |
| 9 | INFYINFOSYS LTDhistory → | SPONSORED ADR | 3.15% | $8M | 623.7K |
| 10 | BBB FOODS INC | CL A COM | 2.63% | $7M | 201.5K |
| 11 | SCCOSOUTHERN COPPER CORPhistory → | COM | 1.87% | $5M | 28.7K |
| 12 | CPNGCOUPANG INChistory → | CL A | 1.46% | $4M | 210.3K |
| 13 | AURA MINERALS INC | SHS NEW | 1.35% | $4M | 43.7K |
| 14 | CREDICORP LTD | COM | 1.19% | $3M | 9.3K |
| 15 | GRAB HOLDINGS LIMITED | CLASS A ORD | 1.05% | $3M | 787.0K |
| 16 | G9NGRUPO AEROPORTUNARIO DEL PAC | SPON ADS B | 0.63% | $2M | 6.7K |
| 17 | YUMCYUM CHINA HLDGS INC | COM | 0.53% | $1M | 28.4K |
| 18 | KANZHUN LIMITED | SPONSORED ADS | 0.34% | $906,000 | 67.9K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $264M | 18 | Apr 20, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $263M | 17 | Feb 4, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $257M | 16 | Oct 17, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $294M | 16 | Jul 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $245M | 15 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $181M | 14 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- TCW GROUP INC028-02494
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 ↗.