Carrhae Capital’s New Oriental EDU Stock Holding History

Carrhae Capital’s Portfolio EDU Stock Details EDU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-346,937	Closed	-$18.7M	–	31
2025 Q2	$18.7M	Buy	+346,937	New	+$16.5M	1.37%	23
2025 Q1	–	Sell	-1,042,689	Closed	-$66.9M	–	28
2024 Q4	$66.9M	Buy	1,042,689 +358,502	+52%	+$23M	5.6%	7
2024 Q3	$51.9M	Buy	684,187 +159,848	+30%	+$10.9M	5.93%	7
2024 Q2	$40.8M	Buy	524,339 +310,897	+146%	+$25.3M	4.7%	9
2024 Q1	$18.5M	Sell	213,442 -70,984	-25%	-$6.03M	3.3%	12
2023 Q4	$20.8M	Buy	284,426 +84,928	+43%	+$5.89M	4.12%	10
2023 Q3	$11.7M	Buy	+199,498	New	+$10.5M	4.01%	7

Other funds holding EDU

FBIL

First Beijing Investment Ltd Hong Kong $2.32B AUM 8.06% 1-Year Est. Return

AMH

Aspex Management (HK) Central, Hong Kong $6.9B AUM 28.37% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Discerene Group Stamford, Connecticut $946M AUM 1.38% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Alkeon Capital Management New York $59.5B AUM 51.63% 1-Year Est. Return

GAMH

Greenwoods Asset Management (HK) Hong Kong $3.88B AUM 23.82% 1-Year Est. Return

Carrhae Capital's EDU Position: Q3 2025 in Review

Carrhae Capital sold out of New Oriental (EDU) in Q3 2025, closing a stake of 346,937 shares — an estimated $18.7M sold.

Carrhae Capital first reported a position in EDU in Q3 2023 and held it in 7 quarters. The position peaked at $66.9M in Q4 2024. 154 funds tracked by Wall St. Rank hold EDU as of Q3 2025.

Carrhae Capital reported no remaining New Oriental position as of Q3 2025 after selling out during the quarter.
Carrhae Capital sold 346,937 New Oriental shares in Q3 2025, an estimated $18.7M.
Carrhae Capital first reported a position in New Oriental in Q3 2023 and held it in 7 quarters.
Carrhae Capital's New Oriental position peaked at $66.9M in Q4 2024.
154 funds tracked by Wall St. Rank held New Oriental as of Q3 2025.

Based on Carrhae Capital's 13F filing for Q3 2025, filed 12 Nov 2025.