Genesis Investment Management, LLP Q2 2023 vs. Q3 2023 13F Holdings Comparison

Genesis Investment Management, LLP is a renowned investment management firm that has recently released its Q2 2023 vs. Q3 2023 13F holdings comparison. This report offers valuable insights into the changes in holdings of various funds during this period. In this article, we will analyze some of the significant changes in holdings based on the available data.

Before delving into the details, it is essential to understand the relevance of 13F filings. The Securities and Exchange Commission (SEC) requires institutional investment managers, managing over $100 million in assets, to file a report known as Form 13F. This report provides a snapshot of their positions in publicly traded securities held at the end of each quarter.

Now, let's take a closer look at the changes in holdings mentioned in the Genesis Investment Management, LLP Q2 2023 vs. Q3 2023 13F holdings comparison:

1. PDD Holdings Inc:

- In Q2 2023, Genesis Investment Management, LLP held 2,437,587 shares of PDD Holdings Inc.

- In Q3 2023, the number of shares decreased to 1,901,410.

- The value of the holdings slightly increased from $183,782,000 to $186,471,000, indicating a 1.5% change.

2. NU HLDGS LTD:

- The fund held 18,747,746 shares of NU HLDGS LTD during Q2 2023.

- In Q3 2023, this number declined to 14,289,824.

- The value of the holdings also experienced a significant drop from $147,685,000 to $103,601,000, reflecting a 29.8% decrease.

3. MercadoLibre Inc:

- Genesis Investment Management, LLP owned 96,328 shares of MercadoLibre Inc in Q2 2023.

- This figure decreased to 73,964 in Q3 2023.

- The value of the holdings decreased from $113,785,000 to $93,777,000, indicating a decline of 17.6%.

4. NetEase Inc:

- The fund held 992,783 shares of NetEase Inc in Q2 2023.

- In Q3 2023, the number of shares reduced to 758,636.

- The value of the holdings also experienced a substantial drop from $101,932,000 to $75,984,000, reflecting a 25.5% decrease.

5. Credicorp Ltd:

- In Q2 2023, Genesis Investment Management, LLP held 655,378 shares of Credicorp Ltd.

- In Q3 2023, the number of shares decreased sharply to 499,613.

- The value of the holdings also witnessed a significant decline from $99,959,000 to $63,935,000, indicating a decline of 36%.

These are just a few examples of the changes in holdings outlined in the Genesis Investment Management, LLP Q2 2023 vs. Q3 2023 13F holdings comparison. It is important to note that these changes in holdings reflect fluctuations in the market and investment strategies employed by the firm.

Please keep in mind that this article provides a summary of the holdings comparison and does not serve as investment advice. It is always recommended to conduct thorough research or consult a financial professional before making any investment decisions.

In conclusion, the Genesis Investment Management, LLP Q2 2023 vs. Q3 2023 13F holdings comparison reveals interesting changes in the holdings of various funds. These changes shed light on the dynamic nature of the investment landscape and highlight the importance of staying updated with the latest trends in the market.