Matthews International Capital Management LLC Top Holdings and 13F Report (2025) About Matthews International Capital Management LLCInvestment ActivityMatthews International Capital Management LLC has $429.49 million in total holdings as of September 30, 2025.Matthews International Capital Management LLC owns shares of 40 different stocks, but just 16 companies or ETFs make up 80% of its holdings.Approximately 5.64% of the portfolio was purchased this quarter.About 26.10% of the portfolio was sold this quarter.This quarter, Matthews International Capital Management LLC has purchased 40 new stocks and bought additional shares in 10 stocks.Matthews International Capital Management LLC sold shares of 24 stocks and completely divested from 2 stocks this quarter.Largest Holdings PDD $65,265,810SEA $38,109,883Legend Biotech $33,537,657Trip.com Group $29,188,504KANZHUN $24,056,385 Largest New Holdings this Quarter G98239109 - XP $6,013,796 HoldingG21082105 - China Yuchai International $2,270,137 Holding Largest Purchases this Quarter XP 320,053 shares (about $6.01M)Futu 25,257 shares (about $4.39M)HDFC Bank 98,430 shares (about $3.36M)China Yuchai International 54,874 shares (about $2.27M)GRUPO FINANCIERO GALICIA 66,728 shares (about $1.84M) Largest Sales this Quarter ZTO EXPRESS CAYMAN INC 2,127,200 shares (about $40.84M)SEA 106,055 shares (about $18.96M)Full Truck Alliance 1,128,394 shares (about $14.64M)Legend Biotech 264,605 shares (about $8.63M)NetEase 33,452 shares (about $5.08M) Sector Allocation Over TimeMap of 500 Largest Holdings ofMatthews International Capital Management LLC Selling Neutral Buying Latest 13F Holdings and Changes Since Previous Quarterly FilingIssuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSectorPDDPDD$65,265,810$822,626 ▼-1.2%493,80215.2%Retail/WholesaleSESEA$38,109,883$18,955,210 ▼-33.2%213,2268.9%Computer and TechnologyLEGNLegend Biotech$33,537,657$8,628,769 ▼-20.5%1,028,4477.8%MedicalTCOMTrip.com Group$29,188,504$245,979 ▲0.8%388,1456.8%Consumer DiscretionaryBZKANZHUN$24,056,385$1,831,915 ▲8.2%1,029,8115.6%Computer and TechnologyYMMFull Truck Alliance$24,013,151$14,635,270 ▼-37.9%1,851,4385.6%Business ServicesGRABGrab$18,758,513$3,327,579 ▼-15.1%3,116,0324.4%Computer and TechnologyMMYTMakeMyTrip$16,859,326$345,758 ▼-2.0%180,1213.9%Computer and TechnologyTMETencent Music Entertainment Group$15,085,879$3,825,659 ▼-20.2%646,3533.5%Consumer DiscretionaryCPNGCoupang$14,927,566$1,375,970 ▲10.2%463,5893.5%Retail/WholesaleZHZhihu$14,695,725$3,427,690 ▼-18.9%2,898,5653.4%Computer and TechnologyBEKEKE$13,864,034$1,581,351 ▼-10.2%729,6863.2%Computer and TechnologyYUMCYum China$13,360,567$544,054 ▼-3.9%311,2903.1%Retail/WholesaleIBNICICI Bank$11,178,238$449,701 ▼-3.9%369,7732.6%FinanceTSMTaiwan Semiconductor Manufacturing$10,092,144$2,881,435 ▼-22.2%36,1352.3%Computer and TechnologyQFINQfin$9,291,565$1,430,567 ▲18.2%322,8482.2%Business ServicesFUTUFutu$8,345,593$4,392,445 ▲111.1%47,9881.9%Business ServicesITUBItau Unibanco$8,152,494$118,622 ▼-1.4%1,110,6941.9%FinanceACMRACM Research$7,963,385$695,888 ▼-8.0%203,5111.9%Computer and TechnologyHDBHDFC Bank$7,421,807$3,362,369 ▲82.8%217,2661.7%FinanceATATAtour Lifestyle$7,357,829$38,003 ▼-0.5%195,7391.7%Consumer DiscretionaryMUMicron Technology$6,081,078$758,462 ▲14.2%36,3441.4%Computer and TechnologyXPXP$6,013,796$6,013,796 ▲New Holding320,0531.4%FinanceMELIMercadoLibre$3,844,266$84,130 ▼-2.1%1,6450.9%Retail/WholesaleNTESNetEase$3,598,363$5,084,369 ▼-58.6%23,6750.8%Computer and TechnologyFMXFomento Economico Mexicano$3,062,757$259,002 ▼-7.8%31,0530.7%Consumer StaplesLRCXLam Research$3,046,091$211,562 ▲7.5%22,7490.7%Computer and TechnologyCYDChina Yuchai International$2,270,137$2,270,137 ▲New Holding54,8740.5%Auto/Tires/TrucksNUNU$2,173,598$504,731 ▲30.2%135,7650.5%FinanceGRUPO FINANCIERO GALICIA$2,016,207$1,839,024 ▲1,037.9%73,1570.5%SPONSORED ADRTUYATuya$1,739,1490.0%704,1090.4%Computer and TechnologyZTO EXPRESS CAYMAN INC$1,359,360$40,842,240 ▼-96.8%70,8000.3%NOTE 1.500% 9/0CHAGEE HLDGS LTD$888,0070.0%53,6560.2%SPONSORED ADSBVNBuenaventura Mining$579,492$79,535 ▼-12.1%23,8180.1%Basic MaterialsJDJD.com$390,552$431,758 ▼-52.5%11,1650.1%Retail/WholesaleFCXFreeport-McMoRan$288,385$39,808 ▼-12.1%7,3530.1%Basic MaterialsKASPI KZ JSC$231,481$1,805,699 ▼-88.6%2,8340.1%SPONSORED ADSMATTHEWS INTL FDS - ASIA DIVIDEND AC$192,0090.0%5,0000.0%SHSMATTHEWS ASIA FDS - KOREA ACTIVE ETF$151,958$150,992 ▼-49.8%5,0320.0%SHSSKMSK Telecom$35,7700.0%1,6560.0%Computer and TechnologyINFYAmerican Noble Gas$0$2,757,153 ▼-100.0%00.0%Computer and TechnologyPBRPetroleo Brasileiro S.A.- Petrobras$0$298,101 ▼-100.0%00.0%EnergyShowing largest 100 holdings. View all holdings. More Institutional Buying and Selling Information SEC Filings and Trading Data SEC Filings 13F Filings Top 13F Buys Top 13F Sells Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.