Filed: 7/21/2025ACC: 0001398344-25-013439
📋 What this filing means
MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 40 equity positions with a total reported market value of $434.77M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
40
Positions
$434.77M
Total AUM (reported)
22.10M
Total Shares
Allocation by class
SPONSORED ADS$203.67M46.8%
SPONSORD ADS$51.07M11.7%
ADS$36.80M8.5%
COM$24.86M5.7%
SHS$18.48M4.3%
CLASS A ORD$18.45M4.2%
SPON ADS$15.79M3.6%
Portfolio Concentration
Top 3$149.29M34.3%
4–10$141.48M32.5%
11–25$127.73M29.4%
Rest$16.27M3.7%
Top 3 weight
34.3%
Top 10 weight
66.9%
Voting Authority Distribution
Total shares with voting rights: 22.10M
Sole
Full voting authority
22.10M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole40
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings40
Rows:
PDD HOLDINGS INC
SOLEShares500.03K
TypeSH
Market value$52.33M
12.04%
Sole
500.03K
Shared
0.00
None
0.00
SEA LTD
SOLEShares319.28K
TypeSH
Market value$51.07M
11.75%
Sole
319.28K
Shared
0.00
None
0.00
LEGEND BIOTECH CORP
SOLEShares1.29M
TypeSH
Market value$45.89M
10.56%
Sole
1.29M
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD
SOLEShares2.98M
TypeSH
Market value$35.19M
8.09%
Sole
2.98M
Shared
0.00
None
0.00
TRIP COM GROUP LTD
SOLEShares384.87K
TypeSH
Market value$22.57M
5.19%
Sole
384.87K
Shared
0.00
None
0.00
GRAB HOLDINGS LIMITED
SOLEShares3.67M
TypeSH
Market value$18.45M
4.24%
Sole
3.67M
Shared
0.00
None
0.00
MAKEMYTRIP LIMITED
SOLEShares183.81K
TypeSH
Market value$18.02M
4.14%
Sole
183.81K
Shared
0.00
None
0.00
KANZHUN LIMITED
SOLEShares951.39K
TypeSH
Market value$16.97M
3.90%
Sole
951.39K
Shared
0.00
None
0.00
TENCENT MUSIC ENTMT GROUP
SOLEShares810.26K
TypeSH
Market value$15.79M
3.63%
Sole
810.26K
Shared
0.00
None
0.00
YUM CHINA HLDGS INC
SOLEShares323.97K
TypeSH
Market value$14.48M
3.33%
Sole
323.97K
Shared
0.00
None
0.00
KE HLDGS INC
SOLEShares812.91K
TypeSH
Market value$14.42M
3.32%
Sole
812.91K
Shared
0.00
None
0.00
ZHIHU INC
SOLEShares3.57M
TypeSH
Market value$14.23M
3.27%
Sole
3.57M
Shared
0.00
None
0.00
ICICI BANK LIMITED
SOLEShares384.65K
TypeSH
Market value$12.94M
2.98%
Sole
384.65K
Shared
0.00
None
0.00
COUPANG INC
SOLEShares420.86K
TypeSH
Market value$12.61M
2.90%
Sole
420.86K
Shared
0.00
None
0.00
QIFU TECHNOLOGY INC
SOLEShares273.14K
TypeSH
Market value$11.84M
2.72%
Sole
273.14K
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares46.45K
TypeSH
Market value$10.52M
2.42%
Sole
46.45K
Shared
0.00
None
0.00
HDFC BANK LTD
SOLEShares118.84K
TypeSH
Market value$9.11M
2.10%
Sole
118.84K
Shared
0.00
None
0.00
NETEASE INC
SOLEShares57.13K
TypeSH
Market value$7.69M
1.77%
Sole
57.13K
Shared
0.00
None
0.00
ITAU UNIBANCO HLDG S A
SOLEShares1.13M
TypeSH
Market value$7.65M
1.76%
Sole
1.13M
Shared
0.00
None
0.00
ATOUR LIFESTYLE HLDGS LTD
SOLEShares196.75K
TypeSH
Market value$6.40M
1.47%
Sole
196.75K
Shared
0.00
None
0.00
ACM RESH INC
SOLEShares221.29K
TypeSH
Market value$5.73M
1.32%
Sole
221.29K
Shared
0.00
None
0.00
MERCADOLIBRE INC
SOLEShares1.68K
TypeSH
Market value$4.39M
1.01%
Sole
1.68K
Shared
0.00
None
0.00
MICRON TECHNOLOGY INC
SOLEShares31.81K
TypeSH
Market value$3.92M
0.90%
Sole
31.81K
Shared
0.00
None
0.00
FOMENTO ECONOMICO MEXICANO S
SOLEShares33.68K
TypeSH
Market value$3.47M
0.80%
Sole
33.68K
Shared
0.00
None
0.00
FUTU HLDGS LTD
SOLEShares22.73K
TypeSH
Market value$2.81M
0.65%
Sole
22.73K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | SPONSORED ADS | 500.03K | SH | $52.33M 12.04% | 500.03K | 0.00 | 0.00 |
SEA LTDSOLE | SPONSORD ADS | 319.28K | SH | $51.07M 11.75% | 319.28K | 0.00 | 0.00 |
LEGEND BIOTECH CORPSOLE | SPONSORED ADS | 1.29M | SH | $45.89M 10.56% | 1.29M | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTDSOLE | SPONSORED ADS | 2.98M | SH | $35.19M 8.09% | 2.98M | 0.00 | 0.00 |
TRIP COM GROUP LTDSOLE | ADS | 384.87K | SH | $22.57M 5.19% | 384.87K | 0.00 | 0.00 |
GRAB HOLDINGS LIMITEDSOLE | CLASS A ORD | 3.67M | SH | $18.45M 4.24% | 3.67M | 0.00 | 0.00 |
MAKEMYTRIP LIMITEDSOLE | SHS | 183.81K | SH | $18.02M 4.14% | 183.81K | 0.00 | 0.00 |
KANZHUN LIMITEDSOLE | SPONSORED ADS | 951.39K | SH | $16.97M 3.90% | 951.39K | 0.00 | 0.00 |
TENCENT MUSIC ENTMT GROUPSOLE | SPON ADS | 810.26K | SH | $15.79M 3.63% | 810.26K | 0.00 | 0.00 |
YUM CHINA HLDGS INCSOLE | COM | 323.97K | SH | $14.48M 3.33% | 323.97K | 0.00 | 0.00 |
KE HLDGS INCSOLE | SPONSORED ADS | 812.91K | SH | $14.42M 3.32% | 812.91K | 0.00 | 0.00 |
ZHIHU INCSOLE | ADS | 3.57M | SH | $14.23M 3.27% | 3.57M | 0.00 | 0.00 |
ICICI BANK LIMITEDSOLE | ADR | 384.65K | SH | $12.94M 2.98% | 384.65K | 0.00 | 0.00 |
COUPANG INCSOLE | CL A | 420.86K | SH | $12.61M 2.90% | 420.86K | 0.00 | 0.00 |
QIFU TECHNOLOGY INCSOLE | AMERICAN DEP | 273.14K | SH | $11.84M 2.72% | 273.14K | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 46.45K | SH | $10.52M 2.42% | 46.45K | 0.00 | 0.00 |
HDFC BANK LTDSOLE | SPONSORED ADS | 118.84K | SH | $9.11M 2.10% | 118.84K | 0.00 | 0.00 |
NETEASE INCSOLE | SPONSORED ADS | 57.13K | SH | $7.69M 1.77% | 57.13K | 0.00 | 0.00 |
ITAU UNIBANCO HLDG S ASOLE | SPON ADR REP PFD | 1.13M | SH | $7.65M 1.76% | 1.13M | 0.00 | 0.00 |
ATOUR LIFESTYLE HLDGS LTDSOLE | SPONSORED ADS | 196.75K | SH | $6.40M 1.47% | 196.75K | 0.00 | 0.00 |
ACM RESH INCSOLE | COM CL A | 221.29K | SH | $5.73M 1.32% | 221.29K | 0.00 | 0.00 |
MERCADOLIBRE INCSOLE | COM | 1.68K | SH | $4.39M 1.01% | 1.68K | 0.00 | 0.00 |
MICRON TECHNOLOGY INCSOLE | COM | 31.81K | SH | $3.92M 0.90% | 31.81K | 0.00 | 0.00 |
FOMENTO ECONOMICO MEXICANO SSOLE | SPON ADR UNITS | 33.68K | SH | $3.47M 0.80% | 33.68K | 0.00 | 0.00 |
FUTU HLDGS LTDSOLE | SPON ADS CL A | 22.73K | SH | $2.81M 0.65% | 22.73K | 0.00 | 0.00 |
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