MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC

Registered adviser

CIK

1028074

Location

SAN FRANCISCO, CA

Portfolio Value

Small $242,435,153

Diversification

Diversified

Filing Date

Global Rank

#5,354 / 8,827 ▲ 181 · as of Jun 2026

Top Industry

Semiconductors 17.6%

Period ended 38 days ago

Filed Nov 4, 2026 · 3d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 106054

Roster of Nov 1, 2026

Regulatory AUM

$6,634,291,608

Main clients

Registered funds and BDCs (77% of AUM)

Private funds

2 funds · Other private funds

Focus by gross assets, Schedule D of Dec 2, 2024

$100,386,943 gross assets

Registered funds advised

24 series (0 index, 12 ETFs)

$5,020,827,000 net assets· N-CEN Dec 31, 2025

LEI

549300EWYMD78NBU6N05

Private funds on Schedule D 7.B.(1)

As filed Dec 2, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$133,094,142 gross assets in 4 funds Other private funds $133,094,142 (4)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$6,634,291,608	Registered funds and BDCs (77%)
Apr 2025 to Mar 2026	$6,868,808,553	Registered funds and BDCs (80%)
Apr 2024 to Mar 2025	$9,316,020,320	Registered funds and BDCs (79%)
May 2023 to Mar 2024	$12,965,941,255	Registered funds and BDCs (82%)
Apr 2023	$12,965,941,255	Registered funds and BDCs (82%)
Apr 2022 to Mar 2023	$25,187,766,199	Registered funds and BDCs (86%)

3 earlier changes not shown.

Stated strategy

Fundamental active, Value, Growth Form ADV Part 2A, Jul 29, 2026 · original

In the firm's words

Fundamental active: When assessing the fundamentals analysis of the company, Portfolio Managers review the research conclusions of the team
Value: We are pragmatic, skeptical, and factbased investors, seeking companies that have strong fundamentals, competitive advantages, attractive valuations and that meet our high standards of corporate governance.
Growth: We look to understand the drivers of long-term future growth through our due diligence process

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 65.0% of the book (60%+)

Turnover

Medium turnover

53.8% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 14.7 quarters (12+), a floor since 21.6% of the book was already held when coverage starts

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 91.8%; sector active share 33.8% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

31 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

16.8%

+3.1 pts

Top 5

47.7%

+2.7 pts

Top 10

67.9%

+3.0 pts

HHI

691

Diversified+91

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	34.2%	$82,965,736	8
Communication Services	19.4%	$46,974,546	3
Consumer Cyclical	19.3%	$46,873,188	5
Financial Services	10.4%	$25,323,816	7
Healthcare	7.5%	$18,195,252	1
Basic Materials	2.7%	$6,606,598	2
Unclassified	2.5%	$6,141,321	3
Energy	2.3%	$5,677,558	1
Consumer Defensive	1.5%	$3,677,138	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

3 positions

Ticker	Company	Δ Shares	Shares	Value
NU	Nu Holdings Ltd.	+194,636	698,766	$8,846,377
YMM	Full Truck Alliance Co. Ltd.	+187,054	1,054,349	$8,719,466
ATAT	Atour Lifestyle Holdings Ltd	+150,826	501,442	$16,357,038
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
ITUB	Itau Unibanco Holding S.A.	−1,109,240	247,673	$2,112,650
UMC	United Microelectronics Corp	−999,362	466,332	$11,420,470
BZ	Kanzhun Ltd	−408,696	379,049	$5,609,925
IBN	Icici Bank Ltd	−196,114	21,397	$589,487
QFIN	Qfin Holdings, Inc.	−154,399	217,682	$1,458,469
YUMC	Yum China Holdings, Inc.	−151,612	219,554	$9,023,669
CPNG	Coupang, Inc.	−115,631	61,907	$858,650
BVN	Buenaventura Mining Co Inc	−75,721	99,341	$3,137,188
FCX	Freeport-Mcmoran Inc	−50,128	49,563	$3,469,410
PDD	PDD Holdings Inc.	−43,186	88,294	$6,881,634
PBR	Petrobras - Petroleo Brasileiro SA	−12,661	272,044	$5,677,558
BIDU	Baidu, Inc.	−4,452	6,908	$600,097
BAP	Credicorp Ltd	−3,115	9,702	$3,685,498
LEGN	Legend Biotech Corp	−2,472	914,794	$18,195,252
IFS	Intercorp Financial Services Inc.	−457	81,481	$4,431,751
FMX	Mexican Economic Development Inc	−393	31,015	$3,677,138
HDB	Hdfc Bank Ltd	−279	187,985	$4,199,584
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−153	58,456	$26,667,042
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
NTES	NetEase, Inc.	336,452	$40,764,524
SE	Sea Ltd	141,251	$13,752,197
AAOI	Applied Optoelectronics, Inc.	89,938	$8,927,245
MEMX	Matthews Emerging Markets ex China Active ETF	116,848	$5,594,214
SKHY	SK hynix Inc.	18,383	$3,385,229
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
MU	Micron Technology Inc	16,950	$19,565,215
CYD	China Yuchai International Ltd	214,620	$10,175,134
KC	Kingsoft Cloud Holdings Ltd	477,826	$4,324,325
XP	XP Inc.	195,202	$3,173,984
VALE	Vale S.A.	133,528	$2,008,261
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

31 tracked positions · $242,435,153 total · filing declares 32 positions · $240,558,303 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NTES	NetEase, Inc. Communication Services	NEW	336,452	NEW	$40,764,524	NEW	16.81%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	58,456	-153	$26,667,042	−4.7%	11.00%
LEGN	Legend Biotech Corp Healthcare	Reduced	914,794	-2,472	$18,195,252	−31.3%	7.51%
ATAT	Atour Lifestyle Holdings Ltd Consumer Cyclical	Added	501,442	+150,826	$16,357,038	+46.7%	6.75%
SE	Sea Ltd Consumer Cyclical	NEW	141,251	NEW	$13,752,197	NEW	5.67%
UMC	United Microelectronics Corp Technology	Reduced	466,332	-999,362	$11,420,470	−71.4%	4.71%
ACMR	ACM Research, Inc. Technology	Held	132,396	0	$10,713,484	−36.2%	4.42%
YUMC	Yum China Holdings, Inc. Consumer Cyclical	Reduced	219,554	-151,612	$9,023,669	−40.5%	3.72%
AAOI	Applied Optoelectronics, Inc. Technology	NEW	89,938	NEW	$8,927,245	NEW	3.68%
NU	Nu Holdings Ltd. Financial Services	Added	698,766	+194,636	$8,846,377	+31.3%	3.65%
YMM	Full Truck Alliance Co. Ltd. Technology	Added	1,054,349	+187,054	$8,719,466	+23.8%	3.60%
PDD	PDD Holdings Inc. Consumer Cyclical	Reduced	88,294	-43,186	$6,881,634	−31.4%	2.84%
LRCX	Lam Research Corp Technology	Held	20,295	0	$6,667,110	−24.2%	2.75%
GRAB	Grab Holdings Ltd Technology	Held	2,079,000	0	$6,465,690	−17.5%	2.67%
PBR	Petrobras - Petroleo Brasileiro SA Energy	Reduced	272,044	-12,661	$5,677,558	+23.4%	2.34%
BZ	Kanzhun Ltd Communication Services	Reduced	379,049	-408,696	$5,609,925	−44.7%	2.31%
MEMX	Matthews Emerging Markets ex China Active ETF	NEW	116,848	NEW	$5,594,214	NEW	2.31%
IFS	Intercorp Financial Services Inc. Financial Services	Reduced	81,481	-457	$4,431,751	−5.0%	1.83%
HDB	Hdfc Bank Ltd Financial Services	Reduced	187,985	-279	$4,199,584	−13.6%	1.73%
BAP	Credicorp Ltd Financial Services	Reduced	9,702	-3,115	$3,685,498	−26.2%	1.52%
FMX	Mexican Economic Development Inc Consumer Defensive	Reduced	31,015	-393	$3,677,138	−8.5%	1.52%
FCX	Freeport-Mcmoran Inc Basic Materials	Reduced	49,563	-50,128	$3,469,410	−44.7%	1.43%
SKHY	SK hynix Inc. Technology	NEW	18,383	NEW	$3,385,229	NEW	1.40%
BVN	Buenaventura Mining Co Inc Basic Materials	Reduced	99,341	-75,721	$3,137,188	−38.8%	1.29%
ITUB	Itau Unibanco Holding S.A. Financial Services	Reduced	247,673	-1,109,240	$2,112,650	−80.9%	0.87%
QFIN	Qfin Holdings, Inc. Financial Services	Reduced	217,682	-154,399	$1,458,469	−75.2%	0.60%
CPNG	Coupang, Inc. Consumer Cyclical	Reduced	61,907	-115,631	$858,650	−72.2%	0.35%
BIDU	Baidu, Inc. Communication Services	Reduced	6,908	-4,452	$600,097	−53.8%	0.25%
IBN	Icici Bank Ltd Financial Services	Reduced	21,397	-196,114	$589,487	−90.7%	0.24%
MKOR	Matthews Korea Active ETF	Held	5,032	0	$315,612	−5.4%	0.13%
ADVE	Matthews International Funds	Held	5,000	0	$231,495	+0.6%	0.10%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.