Ashoka WhiteOak Capital Pte Ltd

Fundamental concentrated ★Highest signal CIK 2031708
League rank
#909
in Fundamental concentrated · #7190 overall
Long book
$263.5M
Q1 2026
Positions
18
Top-10 weight
92%
concentration
Last quarter
+3.1%
SPY +14.8%
Turnover
25%
of book per quarter

Strategy in plain words

auto-generated from filings

Ashoka WhiteOak Capital Pte Ltd is a concentrated fundamental stock-picker, running a $263.5M US long book across 18 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: ICICI BANK LTD-SPON ADR, COGNIZANT TECH SOLUTIONS-A, HDFC BANK LTD-ADR, ASML HOLDING NV-NY REG SHS, WARRIOR MET COAL INC.

Over the last 6 quarters its long book ran on average 5.5pp per quarter behind the S&P 500, beating the index in 1 of 6 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
+3.3%
Q1 2025
+8.2%
Q2 2025
-8.1%
Q3 2025
+0.2%
Q4 2025
-12.1%
Q1 2026
+3.1%

Sector allocation

Technology
27%
Industrials
24%
Materials
20%
Services media
14%
Consumer discretionary
12%
Financials
3%

Long book by quarter

$181.1M
Q4 2024
$244.8M
Q1 2025
$294.4M
Q2 2025
$257.0M
Q3 2025
$262.6M
Q4 2025
$263.5M
Q1 2026

What does Ashoka WhiteOak own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CTSH COGNIZANT TECH SOLUTIONS-ATechnology460.2K$28.1M10.7%New
ASML ASML HOLDING NV-NY REG SHSIndustrials9.9K$13.0M4.9%+0.8%
HCC WARRIOR MET COAL INCMaterials131.2K$12.4M4.7%+207.2%
GLNG GOLAR LNG LTDIndustrials227.8K$12.3M4.7%New
MELI MERCADOLIBRE INCServices media6.6K$11.4M4.3%+31.5%
TBBB BBB FOODS INC-CLASS AConsumer discretionary201.5K$6.9M2.6%+40.7%
SCCO SOUTHERN COPPER CORPMaterials28.7K$4.9M1.9%-23.6%
CPNG COUPANG INCConsumer discretionary210.3K$3.8M1.5%-33.1%
AUGO AURA MINERALS INCMaterials43.7K$3.6M1.4%-49.8%
BAP CREDICORP LTDFinancials9.3K$3.1M1.2%+1.6%
GRAB GRAB HOLDINGS LTD - CL AServices media787.0K$2.8M1.1%+1.9%
YUMC YUM CHINA HOLDINGS INCConsumer discretionary28.4K$1.4M0.5%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 20, 202618$263.5M canonicalSEC ↗
Q4 202513F-HRFeb 4, 202617$262.6M canonicalSEC ↗
Q3 202513F-HROct 17, 202516$257.0M canonicalSEC ↗
Q2 202513F-HRJul 16, 202516$294.4M canonicalSEC ↗
Q1 202513F-HRMay 14, 202515$244.8M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202514$181.1M canonicalSEC ↗