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Matthews International Capital Management LLC Top Holdings and 13F Report (2025)

About Matthews International Capital Management LLC

Investment Activity

  • Matthews International Capital Management LLC has $434.77 million in total holdings as of June 30, 2025.
  • Matthews International Capital Management LLC owns shares of 40 different stocks, but just 15 companies or ETFs make up 80% of its holdings.
  • Approximately 8.14% of the portfolio was purchased this quarter.
  • About 23.79% of the portfolio was sold this quarter.
  • This quarter, Matthews International Capital Management LLC has purchased 37 new stocks and bought additional shares in 9 stocks.
  • Matthews International Capital Management LLC sold shares of 22 stocks and completely divested from 4 stocks this quarter.

Largest Holdings

PDD
$52,332,721
SEA
$51,065,803
Legend Biotech
$45,890,415
Trip.com Group
$22,569,011

Largest New Holdings this Quarter

344419106 - Fomento Economico Mexicano
$3,468,263 Holding
36118L106 - Futu
$2,809,324 Holding
48581R205 - KASPI KZ JSC
$2,117,241 Holding
90114C107 - Tuya
$1,626,492 Holding
15743P104 - CHAGEE HLDGS LTD
$1,400,958 Holding

Largest Purchases this Quarter

Qifu Technology
183,525 shares (about $7.96M)
Legend Biotech
191,165 shares (about $6.78M)
MakeMyTrip
47,835 shares (about $4.69M)
Fomento Economico Mexicano
33,679 shares (about $3.47M)
Futu
22,731 shares (about $2.81M)

Largest Sales this Quarter

SEA
100,973 shares (about $16.15M)
PDD
132,400 shares (about $13.86M)
Coupang
431,342 shares (about $12.92M)
HDFC Bank
143,058 shares (about $10.97M)
Full Truck Alliance
593,743 shares (about $7.01M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofMatthews International Capital Management LLC

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
PDD Holdings Inc. Sponsored ADR stock logo
PDD
PDD
$52,332,721$13,856,984 -20.9%500,02612.0%Retail/Wholesale
Sea Limited Sponsored ADR stock logo
SE
SEA
$51,065,803$16,149,622 -24.0%319,28111.7%Computer and Technology
Legend Biotech Corporation Sponsored ADR stock logo
LEGN
Legend Biotech
$45,890,415$6,784,446 17.3%1,293,05210.6%Medical
Full Truck Alliance Co. Ltd. Sponsored ADR stock logo
YMM
Full Truck Alliance
$35,191,816$7,012,105 -16.6%2,979,8328.1%Business Services
Trip.com Group Limited Sponsored ADR stock logo
TCOM
Trip.com Group
$22,569,011$4,163,792 -15.6%384,8745.2%Consumer Discretionary
Grab Holdings Limited stock logo
GRAB
Grab
$18,453,994$234,141 1.3%3,668,7864.2%Computer and Technology
MakeMyTrip Limited stock logo
MMYT
MakeMyTrip
$18,017,546$4,688,787 35.2%183,8154.1%Computer and Technology
KANZHUN LIMITED Sponsored ADR stock logo
BZ
KANZHUN
$16,972,798$2,195,248 -11.5%951,3903.9%Computer and Technology
Tencent Music Entertainment Group Sponsored ADR stock logo
TME
Tencent Music Entertainment Group
$15,792,026$202,365 1.3%810,2633.6%Consumer Discretionary
Yum China stock logo
YUMC
Yum China
$14,484,520$6,566,826 -31.2%323,9663.3%Retail/Wholesale
KE Holdings Inc. Sponsored ADR stock logo
BEKE
KE
$14,421,112$3,951,603 -21.5%812,9153.3%Computer and Technology
Zhihu Inc. Sponsored ADR stock logo
ZH
Zhihu
$14,227,059$310,914 -2.1%3,574,6383.3%Computer and Technology
ICICI Bank Limited stock logo
IBN
ICICI Bank
$12,939,592$6,764,096 -34.3%384,6493.0%Finance
Coupang, Inc. stock logo
CPNG
Coupang
$12,608,876$12,923,007 -50.6%420,8572.9%Retail/Wholesale
Qifu Technology, Inc. stock logo
QFIN
Qifu Technology
$11,843,394$7,957,644 204.8%273,1412.7%Business Services
Taiwan Semiconductor Manufacturing Company Ltd. stock logo
TSM
Taiwan Semiconductor Manufacturing
$10,520,913$376,426 3.7%46,4522.4%Computer and Technology
HDFC Bank Limited stock logo
HDB
HDFC Bank
$9,111,156$10,968,257 -54.6%118,8362.1%Finance
NetEase, Inc. stock logo
NTES
NetEase
$7,688,152$1,921,399 33.3%57,1271.8%Computer and Technology
Itau Unibanco Holding S.A. stock logo
ITUB
Itau Unibanco
$7,651,345$768,153 11.2%1,126,8551.8%Finance
Atour Lifestyle Holdings Limited Sponsored ADR stock logo
ATAT
Atour Lifestyle
$6,396,343$734,531 -10.3%196,7501.5%Consumer Discretionary
ACM Research, Inc. stock logo
ACMR
ACM Research
$5,731,541$697,513 -10.8%221,2951.3%Computer and Technology
MercadoLibre, Inc. stock logo
MELI
MercadoLibre
$4,393,512$527,953 13.7%1,6811.0%Retail/Wholesale
Micron Technology, Inc. stock logo
MU
Micron Technology
$3,920,706$1,507,224 -27.8%31,8110.9%Computer and Technology
Fomento Economico Mexicano S.A.B. de C.V. stock logo
FMX
Fomento Economico Mexicano
$3,468,263$3,468,263 New Holding33,6790.8%Consumer Staples
Futu Holdings Limited Sponsored ADR stock logo
FUTU
Futu
$2,809,324$2,809,324 New Holding22,7310.6%Business Services
American Noble Gas Inc. stock logo
INFY
American Noble Gas
$2,757,153$3,657,563 -57.0%148,7940.6%Computer and Technology
ZTO EXPRESS CAYMAN INC
$2,182,6140.0%2,198,0000.5%NOTE 1.500% 9/0
KASPI KZ JSC
$2,117,241$2,117,241 New Holding24,9410.5%SPONSORED ADS
Lam Research Corporation stock logo
LRCX
Lam Research
$2,060,590$1,502,443 -42.2%21,1690.5%Computer and Technology
Tuya Inc. Sponsored ADR stock logo
TUYA
Tuya
$1,626,492$1,626,492 New Holding704,1090.4%Computer and Technology
Nu Holdings Ltd. stock logo
NU
NU
$1,430,159$2,434,079 -63.0%104,2390.3%Finance
CHAGEE HLDGS LTD
$1,400,958$1,400,958 New Holding53,6560.3%SPONSORED ADS
JD.com, Inc. stock logo
JD
JD.com
$767,301$2,951,406 -79.4%23,5080.2%Retail/Wholesale
Buenaventura Mining Company Inc. stock logo
BVN
Buenaventura Mining
$444,769$76,681 -14.7%27,0870.1%Basic Materials
Freeport-McMoRan Inc. stock logo
FCX
Freeport-McMoRan
$362,753$62,858 -14.8%8,3680.1%Basic Materials
GRUPO FINANCIERO GALICIA
$323,957$323,957 New Holding6,4290.1%SPONSORED ADR
Petroleo Brasileiro S.A.- Petrobras stock logo
PBR
Petroleo Brasileiro S.A.- Petrobras
$298,101$51,541 -14.7%23,8290.1%Energy
MATTHEWS ASIA FDS - KOREA ACTIVE ETF
$281,8990.0%10,0320.1%SHS
MATTHEWS INTL FDS - ASIA DIVIDEND AC
$179,200$179,200 New Holding5,0000.0%SHS
SK Telecom Co., Ltd. stock logo
SKM
SK Telecom
$38,668$19,334 -33.3%1,6560.0%Computer and Technology
Alibaba Group Holding Limited stock logo
BABA
Alibaba Group
$0$2,880,366 -100.0%00.0%Retail/Wholesale
Broadcom Inc. stock logo
AVGO
Broadcom
$0$1,226,592 -100.0%00.0%Computer and Technology
CREDICORP LTD
$0$490,345 -100.0%00.0%COM
Vale S.A. stock logo
VALE
Vale
$0$286,616 -100.0%00.0%Basic Materials

Showing largest 100 holdings. View all holdings.
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