MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC
CIK 0001028074
Annualised vol
7.292673%
Beta
0.218232
HHI
593.302653
Top-10 weight
64.598032%
VaR 95%
0.631576%
VaR 99%
1.22712%
Max drawdown
9.992197%
Matched value
47.856812%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| UMC | ADDED | 1,465,694 | 977,645 | 49.92% | 39,881,534 |
| LEGN | REDUCED | 917,266 | 925,920 | -0.93% | 26,490,642 |
| MU | REDUCED | 16,950 | 29,143 | -41.84% | 19,565,216 |
| CYD | REDUCED | 214,620 | 324,034 | -33.77% | 10,175,134 |
| BZ | ADDED | 787,745 | 696,617 | 13.08% | 10,138,278 |
| PDD | REDUCED | 131,480 | 198,922 | -33.9% | 10,029,294 |
| LRCX | REDUCED | 20,295 | 28,135 | -27.87% | 8,794,432 |
| GGAL | REDUCED | 149,289 | 167,353 | -10.79% | 7,468,929 |
| YMM | ADDED | 867,295 | 257,827 | 236.39% | 7,042,435 |
| IBN | REDUCED | 217,511 | 296,805 | -26.72% | 6,314,344 |
| FCX | ADDED | 99,691 | 87,936 | 13.37% | 6,269,567 |
| QFIN | ADDED | 372,081 | 277,149 | 34.25% | 5,882,601 |
| BAP | REDUCED | 12,817 | 12,840 | -0.18% | 4,993,247 |
| HDB | REDUCED | 188,264 | 286,651 | -34.32% | 4,862,859 |
| XP | NEW | 195,202 | - | - | 3,173,985 |
| CPNG | ADDED | 177,538 | 176,060 | 0.84% | 3,083,835 |
| GRAB | ADDED | 2,079,000 | 1,273,059 | 63.31% | 2,016,630 |
| VALE | REDUCED | 133,528 | 134,071 | -0.41% | 2,008,261 |
| BIDU | REDUCED | 11,360 | 23,363 | -51.38% | 1,298,334 |
| TCOM | CLOSED OUT | 0 | 39,529 | -100.0% | 0 |
| SE | CLOSED OUT | 0 | 28,621 | -100.0% | 0 |
| AGBK | CLOSED OUT | 0 | 9,564 | -100.0% | 0 |
| GLOB | CLOSED OUT | 0 | 6,399 | -100.0% | 0 |
| SKM | CLOSED OUT | 0 | 3,326 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| UMC | ADDED | UNITED MICROELECTRONICS CORP | SPON ADR NEW | 910873405 | 39,881,534 | 13.67 | 1465694.0 |
| - | TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | 27,989,900 | 9.59 | 58609.0 | |
| LEGN | REDUCED | LEGEND BIOTECH CORP | SPONSORED ADS | 52490G102 | 26,490,642 | 9.08 | 917266.0 |
| MU | REDUCED | MICRON TECHNOLOGY INC | COM | 595112103 | 19,565,216 | 6.71 | 16950.0 |
| - | ACM RESH INC | COM CL A | 00108J109 | 16,799,728 | 5.76 | 132396.0 | |
| - | YUM CHINA HLDGS INC | COM | 98850P109 | 15,169,554 | 5.2 | 371166.0 | |
| - | ATOUR LIFESTYLE HLDGS LTD | SPONSORED ADS | 04965M106 | 11,149,589 | 3.82 | 350616.0 | |
| - | ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 | 11,085,979 | 3.8 | 1356913.0 | |
| CYD | REDUCED | CHINA YUCHAI INTL LTD | COM | G21082105 | 10,175,134 | 3.49 | 214620.0 |
| BZ | ADDED | KANZHUN LIMITED | SPONSORED ADS | 48553T106 | 10,138,278 | 3.48 | 787745.0 |
| PDD | REDUCED | PDD HOLDINGS INC | SPONSORED ADS | 722304102 | 10,029,294 | 3.44 | 131480.0 |
| LRCX | REDUCED | LAM RESEARCH CORP | COM | 512807108 | 8,794,432 | 3.01 | 20295.0 |
| GGAL | REDUCED | GRUPO FINANCIERO GALICIA | SPONSORED ADR | 399909I00 | 7,468,929 | 2.56 | 149289.0 |
| YMM | ADDED | FULL TRUCK ALLIANCE CO LTD | SPONSORED ADS | 35969L108 | 7,042,435 | 2.41 | 867295.0 |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 6,735,177 | 2.31 | 504130.0 | |
| IBN | REDUCED | ICICI BANK LIMITED | ADR | 45104G104 | 6,314,344 | 2.16 | 217511.0 |
| FCX | ADDED | FREEPORT-MCMORAN INC | CL B | 35671D857 | 6,269,567 | 2.15 | 99691.0 |
| QFIN | ADDED | QFIN HOLDINGS INC | AMERICAN DEP | 88557W101 | 5,882,601 | 2.02 | 372081.0 |
| - | COMPANIA DE MINAS BUENAVENTU | SPONSORED ADR | 204448104 | 5,127,566 | 1.76 | 175062.0 | |
| BAP | REDUCED | CREDICORP LTD | COM | G2519Y108 | 4,993,247 | 1.71 | 12817.0 |
| HDB | REDUCED | HDFC BANK LTD | SPONSORED ADS | 40415F101 | 4,862,859 | 1.67 | 188264.0 |
| - | INTERCORP FINL SVCS INC | SHS | P5626F128 | 4,667,188 | 1.6 | 81938.0 | |
| - | PETROLEO BRASILEIRO S A | SPONSORED ADR | 71654V408 | 4,600,833 | 1.58 | 284705.0 | |
| - | KINGSOFT CLOUD HLDGS LTD | ADS | 49639K101 | 4,324,325 | 1.48 | 477826.0 | |
| - | FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 | 4,017,083 | 1.38 | 31408.0 | |
| XP | NEW | XP INC | CL A | G98239109 | 3,173,985 | 1.09 | 195202.0 |
| CPNG | ADDED | COUPANG INC | CL A | 22266T109 | 3,083,835 | 1.06 | 177538.0 |
| GRAB | ADDED | GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 | 2,016,630 | 0.69 | 2079000.0 |
| VALE | REDUCED | VALE S A | SPONSORED S A | 91912E105 | 2,008,261 | 0.69 | 133528.0 |
| BIDU | REDUCED | BAIDU INC | SPON ADR REP A | 056752108 | 1,298,334 | 0.45 | 11360.0 |
| - | MATTHEWS ASIA FDS - KOREA ACTIVE ETF | SHS | 577125784 | 333,765 | 0.11 | 5032.0 | |
| - | MATTHEWS INTL FDS - ASIA DIVIDEND AC | SHS | 577130586 | 230,029 | 0.08 | 5000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-31 | 291,720,273 | 32 | 7.292673 | 0.218232 | 9.992197 |
| 2026-03-31 | 2026-05-04 | 246,494,264 | 37 | 6.464061 | 0.170592 | 9.91729 |
| 2025-12-31 | 2026-01-29 | 329,420,720 | 40 | 7.922484 | 0.141123 | 12.713586 |
| 2025-09-30 | 2025-10-17 | 429,488,511 | 40 | 8.73989 | 0.134598 | 15.715088 |
| 2025-03-31 | 2025-04-21 | 484,357,889 | 37 | 9.000192 | 0.119699 | 18.787068 |
| 2024-12-31 | 2025-01-22 | 489,180,545 | 42 | 8.240464 | 0.137972 | 15.139907 |