We are live on
!
Find out more
NC
Nipun Capital Portfolio holdings
AUM
$215M
1-Year Est. Return
0.3%
This Fund
S&P 500
This Quarter
Est. Return
-1.18%
1 Year Est. Return
+0.3%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$219M
AUM Growth
+$60.8M
(+38%)
Cap. Flow
+$57.8M
Cap. Flow
% of AUM
26.38%
Top 10 Holdings %
Top 10 Hldgs %
99.95%
Holding
13
New
6
Increased
5
Reduced
–
Closed
2
Avg Time Held
3.5
quarters
Top 10 Avg Time Held
3.9
quarters
Top 20 Avg Time Held
3.5
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares China Large-Cap ETF
FXI
|
+$26.4M |
| 2 |
TSMC
TSM
|
+$19M |
| 3 |
iShares MSCI China ETF
MCHI
|
+$7.3M |
| 4 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$5.01M |
| 5 |
iShares MSCI India ETF
INDA
|
+$4.59M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$3.95M |
| 2 |
iShares MSCI India Small-Cap ETF
SMIN
|
+$3.44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 87.68% |
| 2 | Technology | 10.17% |
| 3 | Consumer Discretionary | 1.45% |
| 4 | Financials | 0.4% |
| 5 | Energy | 0.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
iShares MSCI India ETF
INDA
$5.74B
| $90.8M | 41.43% |
1,679,555
+85,210
| +5% | +$4.59M |
2023 Q4
8 quarters
|
|
|
2
iShares MSCI China ETF
MCHI
$5.91B
| $50.3M | 22.96% |
837,600
+116,100
| +16% | +$7.3M |
2023 Q4
8 quarters
|
|
|
3
iShares China Large-Cap ETF
FXI
$3.86B
| $46.1M | 21.03% |
1,203,450
+665,000
| +124% | +$26.4M |
2023 Q4
8 quarters
|
|
|
4
TSMC
TSM
$2.45T
| $22.3M | 10.17% |
73,360
+64,760
| +753% | +$19M |
2023 Q4
8 quarters
|
|
|
5
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $4.96M | 2.26% |
+92,200
| New | +$5.01M |
2025 Q4
0 quarters
|
|
6
Pinduoduo
PDD
$112B
| $3.17M | 1.45% |
28,000
+11,100
| +66% | +$1.38M |
2024 Q1
7 quarters
|
|
7
Intercorp Financial Services
IFS
$5.9B
| $867K | 0.4% |
+20,470
| New | +$842K |
2025 Q4
0 quarters
|
|
|
TEN
8
Tsakos Energy Navigation Ltd
TEN
$1.53B
| $235K | 0.11% |
+10,500
| New | +$246K |
2025 Q4
0 quarters
|
|
9
Costamare
CMRE
$1.84B
| $172K | 0.08% |
+10,900
| New | +$151K |
2025 Q4
0 quarters
|
|
10
StealthGas
GASS
$344M
| $141K | 0.06% |
+20,055
| New | +$135K |
2025 Q4
0 quarters
|
|
11
Imperial Petroleum
IMPP
$245M
| $110K | 0.05% |
+30,300
| New | +$149K |
2025 Q4
0 quarters
|
|
|
12
iShares MSCI Emerging Markets ETF
EEM
$31.2B
| – | – |
-86,200
| Closed | -$3.95M | – |
|
|
13
iShares MSCI India Small-Cap ETF
SMIN
$719M
| – | – |
-39,954
| Closed | -$3.44M | – |
|
Similar funds
LF
SFG
SWMP
RWM
PIMC
PWM
VCS
PWMG
Nipun Capital's Q4 2025 Portfolio in Review
As of Q4 2025, Nipun Capital held 13 positions worth $219M, up 38% from $158M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Nipun Capital deployed $57.8M of net new capital in Q4 2025, opening 6 new positions and adding to 5 existing holdings. Its largest new stake was Vanguard FTSE Emerging Markets ETF: 92,200 shares worth $4.96M.
By sector, the portfolio is most concentrated in Miscellaneous at 88% of assets, down from 98% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the most notable exit was iShares MSCI Emerging Markets ETF, an estimated $3.95M sold.
- Nipun Capital's largest Q4 2025 buy was Vanguard FTSE Emerging Markets ETF: 92,200 shares worth $4.96M.
- Nipun Capital added most to iShares China Large-Cap ETF in Q4 2025, an estimated $26.4M increase.
- Nipun Capital fully exited iShares MSCI Emerging Markets ETF in Q4 2025, selling an estimated $3.95M.
- Nipun Capital's ten largest holdings make up 100% of its $219M portfolio in Q4 2025.
- Nipun Capital opened 6 new positions and closed 2 in Q4 2025.
- Nipun Capital's portfolio value rose 38% quarter-over-quarter to $219M.
Based on Nipun Capital's 13F filing for Q4 2025, filed 12 Feb 2026.