Kora Management LP

CIK 1659815 · View on SEC EDGAR ↗

Portfolio value QoQ: +20.2% 13F does not disclose cash

Top 10 holdings weight100.00%

Top 25 holdings weight100.00%

Positions above 1%10

Effective number of positions4.2

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 10.55% Est. buys $81,502,523 · sells $162,719,364

Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 100.0% still held

New positions1

Increased3

Decreased1

Closed2

Portfolio value $843.0M #2,809 of 9,337 by 13F value · top 30.1%

Positions 10

As of June 30, 2026 Data as of Q2 2026

Performance vs S&P 500

Tracked Q1 2025–Q2 2026 +29.8%

S&P 500 total return (same window) +37.0%

Excess return -7.2%

Annualized: +23.2% · S&P 500: +28.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Retail 54.3%

Technology 23.9%

Financials 17.9%

Communication Services 3.9%

Full portfolio 10 positions

					Streak
SE Sea Limited American Depositary Shares, each representing one Class A Ordinary Share	$363,465,174	43.12%	3,792,812	$68,405,029	Up ×3
NBIS Nebius Group N.V. - Class A Ordinary Shares	$128,865,341	15.29%	466,616	$19,313,873	Down ×1
NU Nu Holdings Ltd. Class A Ordinary Shares	$97,060,400	11.51%	7,265,000	$-7,337,650
U Unity Software Inc. Common Stock	$72,356,758	8.58%	2,531,727	$37,379,418	Up ×2
PDD PDD Holdings Inc. - American Depositary Shares	$37,426,782	4.44%	490,650	$-12,707,835
MELI MercadoLibre, Inc. - Common Stock	$36,081,419	4.28%	21,257	$-672,359
RBLX Roblox Corporation Class A Common Stock	$33,171,800	3.94%	610,000	$11,113,400	Up ×2
GGAL Grupo Financiero Galicia S.A. - American Depositary Shares, Class B Shares underlying	$32,886,370	3.90%	657,333	$2,182,346
KSPI Joint Stock Company Kaspi.kz - American Depository Shares	$20,923,560	2.48%	241,500	$3,035,655
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share	$20,731,680	2.46%	216,000
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
SE	$363,465,174	43.12%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
BABA	$20,731,680	216,000	2.46%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
SE	Bought more	+230K	+$68.4M
U	Bought more	+938K	+$37.4M
NBIS	Trimmed	-589K	+$19.3M
PDD	Price move only	+0	-$12.7M
RBLX	Bought more	+220K	+$11.1M
NU	Price move only	+0	-$7.3M
KSPI	Price move only	+0	+$3.0M
GGAL	Price move only	+0	+$2.2M
MELI	Price move only	+0	-$672K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
BABA	June 30, 2025	300,000	$39,669,000	-6.7%
MELI	June 30, 2025	9,500	$18,533,265	-35.1%