Institutional Manager · CIK 0001634255

Charles-Lim Capital Ltd

CENTRAL, K3 · File #028-16830

Latest AUM

$368.6M

Positions

Top-10 Concentration

100.0%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	Sea Limited	SE	+475,000	+$60.6M	-$14.1M
EXITED	Microsoft Corp	594918104	-60,000	-$31.1M	$0
REDUCE	ICICI Bank Ltd	IBN	-625,000	-$18.6M	-$967,500
REDUCE	Visa Inc	V	-50,000	-$17.5M	+$1.9M
NEW	Mastercard Incorporated	MA	+27,500	+$15.7M	$0
REDUCE	Taiwan Semiconductor Manufacturing Co Ltd	874039100	-40,000	-$12.2M	+$2.5M
REDUCE	PDD Holdings Inc	PDD	-100,000	-$11.3M	-$11.3M
ADD	HDFC Bank Ltd	HDB	+225,000	+$8.2M	+$4.8M

Sector Allocation

Financials

53.7%$198.0M

Consumer Discretionary

41.3%$152.4M

Filing History

Feb 13, 202613F HOLDINGS REPORTQ/E Dec 20257 pos · $368.6M
Nov 13, 202513F HOLDINGS REPORTQ/E Sep 20257 pos · $392.1M
Aug 13, 202513F HOLDINGS REPORTQ/E Jun 20257 pos · $401.2M
May 14, 202513F HOLDINGS REPORTQ/E Mar 20257 pos · $339.4M
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 20246 pos · $399.3M
Nov 13, 202413F HOLDINGS REPORTQ/E Sep 20245 pos · $351.7M
Aug 12, 202413F HOLDINGS REPORTQ/E Jun 20246 pos · $407.5M
May 14, 202413F HOLDINGS REPORTQ/E Mar 20246 pos · $300.1M
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 20237 pos · $432.6M

Top 7 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	Sea Limited	SE	750,000	$95.7M	25.95%
2	HDFC Bank Ltd	HDB	2,225,000	$81.3M	22.05%
3	PDD Holdings Inc	PDD	500,000	$56.7M	15.38%
4	Visa Inc	V	150,000	$52.6M	14.27%
5	ICICI Bank Ltd	IBN	1,625,000	$48.4M	13.14%
6	Taiwan Semiconductor Manufacturing Co Ltd	874039100	60,000	$18.2M	4.95%
7	Mastercard Incorporated	MA	27,500	$15.7M	4.26%