Somerset Capital Management LLP Q1 2023 vs. Q2 2023 13F Holdings Comparison

In today's blog post, we will be taking a closer look at the Q1 2023 vs. Q2 2023 13F Holdings comparison for Somerset Capital Management LLP. The 13F holdings report provides valuable insights into the changes in holdings of various funds, allowing investors to make data-driven decisions. Let's dive deep into the numbers and analyze the changes that have occurred.

1. ICICI Bank ADR (IBN)

Starting with ICICI Bank ADR, we see a significant increase in shares held from 7,897,019 shares in Q1 2023 to 8,701,526 shares in Q2 2023. This represents a slight increase of 10.2%. The value of these shares also saw a minor uptick from $170,165,000 to $200,000, representing a change of 17.6%.

2. Infosys Limited ADR (INFY)

Moving on to Infosys Limited ADR, we observe a similar trend. The number of shares held increased from 6,843,971 shares in Q1 2023 to 7,294,571 shares in Q2 2023, showcasing a 6.6% growth rate. However, the value of these shares took a slight dip from $119,172,000 to $116,000, representing a decrease of 2.7%.

3. Yum China Holdings Inc (YUMC)

Next on our list is Yum China Holdings Inc. Here, we witness a substantial decrease in the number of shares held from 3,116,035 shares in Q1 2023 to 1,767,035 shares in Q2 2023, marking a massive decline of 43.3%. The value of these shares also saw a significant decrease from $197,195,000 to $99,000, representing a change of 49.7%.

4. MercadoLibre Inc (MELI)

Turning our attention to MercadoLibre Inc, we find a positive growth trend. The number of shares held increased from 56,100 shares in Q1 2023 to 73,144 shares in Q2 2023, showing a steady growth rate of 30.4%. Similarly, the value of these shares increased from $73,820,000 to $86,000, representing a change of 16.5%.

5. Freeport-McMoRan Inc (FCX)

In the case of Freeport-McMoRan Inc, we discover a marginal decrease in the number of shares held from 1,849,719 shares in Q1 2023 to 1,781,719 shares in Q2 2023, marking a decline of 3.7%. The value of these shares also decreased slightly from $75,547,000 to $71,000, representing a change of 6.0%.

6. Sea Ltd (SE)

When it comes to Sea Ltd, we observe a slight decrease in the number of shares held from 902,699 shares in Q1 2023 to 869,499 shares in Q2 2023, showcasing a decrease of 3.7%. The value of these shares also saw a slight decrease from $77,999,000 to $50,000, representing a change of 35.7%.

7. Copa Holdings (CPA)

Moving on to Copa Holdings, we notice a minimal decrease in the number of shares held from 31,500 shares in Q1 2023 to 30,500 shares in Q2 2023, marking a decline of 3.2%. The value of these shares also decreased slightly from $2,903,000 to $3,000, representing a change of 3.3%.

8. KB Financial Group Inc-Adr (KB)

Next on our list is KB Financial Group Inc-Adr. Here, we see a minor decrease in the number of shares held from 83,867 shares in Q1 2023 to 82,167 shares in Q2 2023, showcasing a decline of 2.0%. The value of these shares decreased slightly from $3,048,000 to $2,000, representing a change of 34.6%.

9. Waterdrop Inc (WDH)

In the case of Waterdrop Inc, we observe a slight increase in the number of shares held from 112,300 shares in Q1 2023 to 121,700 shares in Q2 2023, marking a growth of 8.4%. However, the value of these shares remained relatively unchanged at $336,000.

10. Yandex Nv-A (YNDX)

Turning our attention to Yandex Nv-A, we find that the number of shares held remained the same at 2,475,433 shares both in Q1 2023 and Q2 2023. The value of these shares also remained unchanged at $0.

11. HeadHunter Group PLC (HHR)

Finally, HeadHunter Group PLC had no shares held in Q2 2023, indicating a complete divestment from this company. The value of these shares dropped to $0.

In conclusion, the comparison between Q1 2023 and Q2 2023 13F Holdings for Somerset Capital Management LLP reveals various trends. While some companies experienced an increase in the number of shares held and their value, others saw a decrease or divestment. It is crucial for investors to carefully analyze these changes to make well-informed investment decisions.