Arohi Asset Management PTE Ltd.

Key Holdings

The portfolio is dominated by two primary positions that constitute the vast majority of assets. SEA LTD (SE) is the largest holding, valued at $223.63 million, representing a substantial 59.07% of the total portfolio. Despite a reduction in shares this quarter, this position remains the firm's core bet. The second-largest position, GLOBAL E ONLINE LTD, accounts for 35.49% of the portfolio ($134.35 million). This position was significantly increased during the quarter, signaling a growing conviction in the company's prospects. The third holding, DOUBLEVERIFY HLDGS INC (DV), is much smaller in scale at $20.58 million (5.44% of the portfolio) but saw the largest percentage increase in share count. Together, these three holdings form a tight-knit basket of assets where the top two positions alone command nearly 95% of the fund's capital.

Sector Allocation

The filing reveals a distinct sector tilt, though data for one holding is listed as "Unknown," likely due to classification nuances regarding Global E Online's business model (often categorized as both technology and e-commerce commerce enablement).