Charles-Lim Capital Ltd

Fundamental diversified ★Signal CIK 1634255
Long book
$301.3M
Q1 2026
Positions
5
Top-10 weight
100%
concentration
Last quarter
+17.3%
SPY +14.8%
Turnover
50%
of book per quarter

Strategy in plain words

auto-generated from filings

Charles-Lim Capital Ltd is a diversified fundamental manager, running a $301.3M US long book across 5 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: SEA LTD-ADR, HDFC BANK LTD-ADR, TAIWAN SEMICONDUCTOR-SP ADR, PDD HOLDINGS INC, COUPANG INC.

Over the last 9 quarters its long book ran on average 0.7pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+13.3%
Q2 2024
+9.1%
Q3 2024
+5.9%
Q4 2024
+6.0%
Q1 2025
+18.1%
Q2 2025
+2.9%
Q3 2025
-4.8%
Q4 2025
-21.3%
Q1 2026
+17.3%

Sector allocation

Consumer discretionary
100%

Long book by quarter

$300.1M
Q1 2024
$407.5M
Q2 2024
$351.7M
Q3 2024
$399.3M
Q4 2024
$339.4M
Q1 2025
$401.2M
Q2 2025
$392.1M
Q3 2025
$368.6M
Q4 2025
$301.3M
Q1 2026

What does Charles-Lim Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CPNG COUPANG INCConsumer discretionary250.0K$4.7M1.6%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 20265$301.3M canonicalSEC ↗
Q4 202513F-HRFeb 13, 20267$368.6M canonicalSEC ↗
Q3 202513F-HRNov 13, 20257$392.1M canonicalSEC ↗
Q2 202513F-HRAug 13, 20257$401.2M canonicalSEC ↗
Q1 202513F-HRMay 14, 20257$339.4M canonicalSEC ↗
Q4 202413F-HRFeb 13, 20256$399.3M canonicalSEC ↗
Q3 202413F-HRNov 13, 20245$351.7M canonicalSEC ↗
Q2 202413F-HRAug 12, 20246$407.5M canonicalSEC ↗
Q1 202413F-HRMay 14, 20246$300.1M canonicalSEC ↗