Cederberg Capital Ltd reported 9 positions worth $88.95M for the quarter ended Jun 30, 2026, down 45.3% on the prior quarter. It opened 1 new position, added to 1, trimmed 7 and exited 2. Its largest holding is ACM Research, Inc. at 36.3% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| ACMR ACM Research, Inc. | -344.5K | -57.5% | $43.72M | 36.33% |
| PDD PDD Holdings Inc. | -345.5K | -90.2% | $26.35M | 3.22% |
| NTES NetEase, Inc. | -174.3K | -48.5% | $22.33M | 26.71% |
| ATAT Atour Lifestyle Holdings Ltd | -604.3K | -67.1% | $19.22M | 10.59% |
| EDU New Oriental Education & Technology Group Inc. | -73.0K | -100.0% | $4.14M | Exited |
| PBR-A Petrobras - Petroleo Brasileiro Sa | -149.4K | -100.0% | $2.80M | Exited |
| NU Nu Holdings Ltd. | -167.7K | -63.0% | $2.24M | 1.48% |
| SE Sea Ltd | -12.2K | -83.0% | $1.17M | 0.27% |
| AU AngloGold Ashanti PLC | -6,700 | -33.7% | $542.09K | 1.2% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| VIST Vista Energy, S.A.B. de C.V. | +25.2K | $1.61M | 1.81% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | ACMR ACM Research, Inc. | Technology | 254.7K | $32.32M | 36.33% | -344.5K | -57.5% | Reduced | 0.39% |
| 2 | NTES NetEase, Inc. | Technology | 185.4K | $23.75M | 26.71% | -174.3K | -48.5% | Reduced | 0.03% |
| 3 | CYD China Yuchai International Ltd | Industrials | 344.9K | $16.35M | 18.39% | +22.0K | +6.8% | Added | 0.92% |
| 4 | ATAT Atour Lifestyle Holdings Ltd | Consumer Discretionary | 296.3K | $9.42M | 10.59% | -604.3K | -67.1% | Reduced | 0.22% |
| 5 | PDD PDD Holdings Inc. | Technology | 37.6K | $2.87M | 3.22% | -345.5K | -90.2% | Reduced | 0% |
| 6 | VIST Vista Energy, S.A.B. de C.V. | Energy | 25.2K | $1.61M | 1.81% | +25.2K | – | New | 0.02% |
| 7 | NU Nu Holdings Ltd. | Financial Services | 98.6K | $1.32M | 1.48% | -167.7K | -63.0% | Reduced | 0% |
| 8 | AU AngloGold Ashanti PLC | Basic Materials | 13.2K | $1.07M | 1.2% | -6,700 | -33.7% | Reduced | 0% |
| 9 | SE Sea Ltd | Technology | 2,500 | $240.00K | 0.27% | -12.2K | -83.0% | Reduced | 0% |
Tip. Select a row to see that position’s full history at Cederberg Capital.
As of its Q2 2026 13F filing, Cederberg Capital Ltd’s five largest positions were ACM Research, Inc. (ACMR) at 36.3%, NetEase, Inc. (NTES) at 26.7%, China Yuchai International Ltd (CYD) at 18.4%, Atour Lifestyle Holdings Ltd (ATAT) at 10.6%, PDD Holdings Inc. (PDD) at 3.2% of the reported portfolio.
Cederberg Capital Ltd reported a 13F portfolio worth $88.95M across 9 positions for Q2 2026. That is down 45.3% from the previous quarter.
Its largest purchases by value were Vista Energy, S.A.B. de C.V. ($1.61M), China Yuchai International Ltd ($1.04M). It opened 1 new positions.
Its largest sales by value were ACM Research, Inc. ($43.72M), PDD Holdings Inc. ($26.35M), NetEase, Inc. ($22.33M). It exited 2 positions entirely.
From the Form 13F-HR reports Cederberg Capital Ltd files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.