THOMAS WHITE INTERNATIONAL LTD

CIK

1092351

Location

CHICAGO, IL

Portfolio Value

Small $330,553,009

Diversification

Diversified

Filing Date

Global Rank

#3,461 / 7,034 ▼ 110 · as of Jun 2023

Top Industry

Banks - Regional 10.1%

Period ended 3 years ago

Filed Aug 14, 2023 · 3y

14 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

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2023, never from the firm's own description.

Style

Diversified active

Top 10 weight 29.1%, 62.1 effective positions, active share 74.1% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

36.2% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 11.2 quarters, but 59.6% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 74.1%; sector active share 24.3% against the combined 13F book's sector weights.

Over time 14 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

201 tracked positions · as of Jun 30, 2023 · Δ vs Mar 31, 2023

Top Position

6.1%

+0.0 pts

Top 5

18.1%

−0.8 pts

Top 10

29.1%

−1.5 pts

HHI

161

Diversified−4

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2023

Sector	% Portfolio	Value	Positions
Technology	20.0%	$65,987,140	27
Financial Services	19.3%	$63,955,488	29
Industrials	12.7%	$41,987,372	30
Communication Services	9.6%	$31,669,743	9
Consumer Cyclical	9.5%	$31,319,789	22
Energy	7.9%	$26,060,285	10
Basic Materials	7.6%	$24,971,989	15
Healthcare	7.4%	$24,441,488	29
Consumer Defensive	2.0%	$6,470,777	5
Unclassified	1.6%	$5,442,989	11
Real Estate	1.4%	$4,657,484	9
Utilities	1.1%	$3,588,465	5

Last Quarter's Activity

Export CSV

Jun 30, 2023 vs Mar 31, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PBR	Petrobras - Petroleo Brasileiro SA	+392,069	392,156	$5,423,517
SUZ	Suzano S.A.	+155,324	709,622	$6,542,714
SBLK	Star Bulk Carriers Corp.	+88,102	421,984	$7,469,116
EMBJ	Embraer S.A.	+30,002	331,084	$5,118,558
ICL	ICL Group Ltd.	+15,605	80,354	$440,339
NTR	Nutrien Ltd.	+14,567	50,863	$3,003,460
PYPL	PayPal Holdings, Inc.	+8,757	12,972	$865,621
SIMO	Silicon Motion Technology CORP	+5,540	85,983	$6,178,738
AEE	Ameren Corp	+4,006	14,368	$1,173,434
PEP	Pepsico Inc	+3,884	7,414	$1,373,221
PBD	Invesco Ltd.	+2,948	11,187	$211,434
LNT	Alliant Energy Corp	+2,787	24,274	$1,273,899
AAPL	Apple Inc.	+2,454	30,635	$5,942,270
MSI	Motorola Solutions, Inc.	+2,264	3,114	$913,273
—		+1,403	6,629	$1,254,670
DHR	Danaher Corp	+1,289	3,717	$892,080
VSGX	VANGUARD ESG INTERNATIONAL STOCK ETF	+1,223	6,924	$367,733
EGP	Eastgroup Properties Inc	+943	1,837	$318,903
ADBE	Adobe Inc.	+739	2,940	$1,437,630
INTU	Intuit Inc.	+638	1,906	$873,310
ING	Ing Groep NV	+635	142,094	$1,914,006
TMO	Thermo Fisher Scientific Inc.	+499	2,114	$1,102,979
STLA	Stellantis N.V.	+97	126,606	$2,220,669
ABBNY	Abb Ltd	+78	15,380	$598,743
ELV	Elevance Health, Inc.	+3	11	$4,887
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
KT	Kt Corp	−164,219	155,823	$1,760,799
E	Eni Spa	−138,367	300	$8,637
WF	Woori Financial Group Inc.	−106,007	211	$5,686
INFY	Infosys Ltd	−23,738	358,752	$5,765,144
IBN	Icici Bank Ltd	−18,655	378,607	$8,738,249
SHG	Shinhan Financial Group Co Ltd	−16,742	182,550	$4,757,253
BAESY	Bae Systems PLC	−14,966	56,298	$2,700,052
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−13,098	199,314	$20,114,768
SHEL	Shell plc	−11,918	207,097	$12,504,516
KB	KB Financial Group Inc.	−9,618	235,530	$8,573,292
TLK	Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk	−9,474	118,517	$3,160,848
FCX	Freeport-Mcmoran Inc	−8,078	109,563	$4,382,520
HDB	Hdfc Bank Ltd	−7,559	143,388	$9,994,143
BABA	Alibaba Group Holding Ltd	−7,368	96,153	$8,014,352
PUK	Prudential PLC	−6,533	226,395	$6,411,506
TOT	TotalEnergies SE	−6,440	104,224	$0
SKM	Sk Telecom Co Ltd	−6,439	398,958	$7,783,670
FIS	Fidelity National Information Services, Inc.	−6,081	1,768	$96,709
ZTO	ZTO Express (Cayman) Inc.	−5,990	66,586	$1,669,976
JD	JD.com, Inc.	−5,709	101,701	$3,471,055
PDD	PDD Holdings Inc.	−5,432	93,696	$6,478,141
RDY	Dr Reddys Laboratories Ltd	−5,368	61,850	$3,903,353
GXO	GXO Logistics, Inc.	−5,110	1,456	$91,465
PLD	Prologis, Inc.	−2,686	7,823	$959,334
BIDU	Baidu, Inc.	−2,379	34,456	$4,717,370
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
FTI	TechnipFMC plc	210,807	$3,503,612
TV	Grupo Televisa, S.A.B.	352,353	$1,807,570
VLRS	Controladora Vuela Compania de Aviacion, S.A.B. de C.V.	121,624	$1,696,654
CP	Canadian Pacific Kansas City Ltd	5,594	$451,827
AME	Ametek Inc	1,798	$291,060
ACWX	iShares MSCI ACWI ex U.S. ETF	4,985	$245,361
BNO	United States Brent Oil Fund, LP	753	$19,178
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	101	$4,108
No positions match the current search.

Sold Out

Positions the filer fully exited

15 positions

Ticker	Company	Shares	Value
PKX	Posco Holdings Inc.	37,639	$2,623,061
SU	Suncor Energy Inc	54,505	$1,692,380
MTNOY	Mtn Group Ltd	228,777	$1,638,043
ST	Sensata Technologies Holding plc	11,321	$566,276
CFG	Citizens Financial Group Inc	16,595	$503,990
C	Citigroup Inc	10,542	$494,314
GPN	Global Payments Inc	2,865	$301,512
BAX	Baxter International Inc	6,912	$280,350
KMI	Kinder Morgan, Inc.	15,581	$272,823
FFIV	F5, Inc.	1,751	$255,103
XPO	XPO, Inc.	5,110	$163,009
GGB	Gerdau S.A.	6,366	$31,384
CX	Cemex Sab De CV	1,186	$6,558
BBD	Bank Bradesco	1,400	$3,668
BN	BROOKFIELD Corp	59	$1,922
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

201 tracked positions · $330,553,009 total · filing declares 258 positions · $480,342,511 · as of Jun 30, 2023

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 201 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	199,314	-13,098	$20,114,768	+1.8%	14+	before history	6.09%
SHEL	Shell plc Energy	Reduced	207,097	-11,918	$12,504,516	−0.8%	5	$55.40	3.78%
HDB	Hdfc Bank Ltd Financial Services	Reduced	143,388	-7,559	$9,994,143	−0.7%	14+	before history	3.02%
IBN	Icici Bank Ltd Financial Services	Reduced	378,607	-18,655	$8,738,249	+1.9%	14+	before history	2.64%
KB	KB Financial Group Inc. Financial Services	Reduced	235,530	-9,618	$8,573,292	−4.0%	14+	before history	2.59%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	96,153	-7,368	$8,014,352	−24.2%	14+	before history	2.42%
SKM	Sk Telecom Co Ltd Communication Services	Reduced	398,958	-6,439	$7,783,670	−6.4%	12	$30.50	2.35%
SBLK	Star Bulk Carriers Corp. Industrials	Added	421,984	+88,102	$7,469,116	+5.9%	9	$20.58	2.26%
SUZ	Suzano S.A. Basic Materials	Added	709,622	+155,324	$6,542,714	+43.8%	14+	before history	1.98%
PDD	PDD Holdings Inc. Consumer Cyclical	Reduced	93,696	-5,432	$6,478,141	−13.9%	7	$65.75	1.96%
PUK	Prudential PLC Financial Services	Reduced	226,395	-6,533	$6,411,506	+0.7%	3	$27.84	1.94%
SIMO	Silicon Motion Technology CORP Technology	Added	85,983	+5,540	$6,178,738	+17.2%	12	$49.13	1.87%
AAPL	Apple Inc. Technology	Added	30,635	+2,454	$5,942,270	+27.9%	14+	before history	1.80%
DTEGY	Deutsche Telekom AG Communication Services	Reduced	269,922	-549	$5,897,795	−9.9%	11	$18.83	1.78%
MSFT	Microsoft Corp Technology	Held	17,270	0	$5,881,125	+18.1%	14+	before history	1.78%
INFY	Infosys Ltd Technology	Reduced	358,752	-23,738	$5,765,144	−13.6%	14+	before history	1.74%
PBR	Petrobras - Petroleo Brasileiro SA Energy	Added	392,156	+392,069	$5,423,517	+597862.2%	14+	before history	1.64%
EMBJ	Embraer S.A. Industrials	Added	331,084	+30,002	$5,118,558	+3.9%	13	$9.07	1.55%
SHG	Shinhan Financial Group Co Ltd Financial Services	Reduced	182,550	-16,742	$4,757,253	−11.4%	14+	before history	1.44%
BIDU	Baidu, Inc. Communication Services	Reduced	34,456	-2,379	$4,717,370	−15.1%	9	$177.28	1.43%
HSBC	Hsbc Holdings PLC Financial Services	Reduced	111,793	-97	$4,429,238	+16.0%	3	$31.89	1.34%
FCX	Freeport-Mcmoran Inc Basic Materials	Reduced	109,563	-8,078	$4,382,520	−8.9%	4	$33.82	1.33%
HTHIY	Hitachi Ltd Industrials	Reduced	34,551	-245	$4,300,562	+12.4%	8	$104.39	1.30%
RDY	Dr Reddys Laboratories Ltd Healthcare	Reduced	61,850	-5,368	$3,903,353	+2.0%	5	$53.87	1.18%
ASML	Asml Holding NV Technology	Reduced	5,318	-10	$3,854,220	+6.3%	14+	before history	1.17%
FTI	TechnipFMC plc Energy	NEW	210,807	NEW	$3,503,612	NEW	1	$14.10	1.06%
JD	JD.com, Inc. Consumer Cyclical	Reduced	101,701	-5,709	$3,471,055	−26.4%	13	$68.82	1.05%
LIN	Linde PLC Basic Materials	Reduced	8,795	-38	$3,351,598	+6.8%	2	$334.89	1.01%
TLK	Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk Communication Services	Reduced	118,517	-9,474	$3,160,848	−9.4%	4	$28.58	0.96%
WCN	Waste Connections, Inc. Industrials	Reduced	22,023	-35	$3,147,747	+2.6%	2	$133.10	0.95%
NTR	Nutrien Ltd. Basic Materials	Added	50,863	+14,567	$3,003,460	+12.1%	3	$74.11	0.91%
NVDA	Nvidia Corp Technology	Held	7,092	0	$3,000,057	+52.3%	14+	before history	0.91%
DEO	Diageo PLC Consumer Defensive	Reduced	17,020	-63	$2,952,629	−4.6%	14+	before history	0.89%
ESLT	Elbit Systems Ltd Industrials	Reduced	13,737	-26	$2,870,483	+22.5%	3	$181.49	0.87%
CSLLY	Csl Ltd Healthcare	Reduced	30,651	-126	$2,827,861	−4.9%	14+	before history	0.86%
BAESY	Bae Systems PLC Industrials	Reduced	56,298	-14,966	$2,700,052	−23.3%	11	$37.31	0.82%
MT	ArcelorMittal Basic Materials	Reduced	96,742	-1,395	$2,644,926	−10.5%	8	$31.27	0.80%
BCS	Barclays PLC Financial Services	Reduced	313,689	-235	$2,465,595	+9.2%	10	$8.96	0.75%
AMZN	Amazon Com Inc Consumer Cyclical	Held	18,720	0	$2,440,339	+26.2%	14+	before history	0.74%
SMFG	Sumitomo Mitsui Financial Group, Inc. Financial Services	Reduced	275,348	-1,126	$2,367,992	+7.1%	6	$6.91	0.72%
GOOG	Alphabet Inc. Communication Services	Held	18,668	0	$2,258,267	+16.3%	14+	before history	0.68%
GOOGL	Alphabet Inc. Communication Services	Held	18,820	0	$2,252,754	+15.4%	14+	before history	0.68%
STLA	Stellantis N.V. Consumer Cyclical	Added	126,606	+97	$2,220,669	−3.5%	10	$13.54	0.67%
SNY	Sanofi Healthcare	Reduced	39,691	-3	$2,139,344	−1.0%	14+	before history	0.65%
V	Visa Inc. Financial Services	Held	8,854	0	$2,102,647	+5.3%	14+	before history	0.64%
META	Meta Platforms, Inc. Communication Services	Held	7,076	0	$2,030,670	+35.4%	14+	before history	0.61%
JPM	Jpmorgan Chase & Co Financial Services	Held	13,647	0	$1,984,819	+11.6%	14+	before history	0.60%
IWF	iShares Russell 1000 Growth ETF	Held	7,050	0	$1,940,019	+12.6%	14+	before history	0.59%
MRK	Merck & Co., Inc. Healthcare	Held	16,684	0	$1,925,166	+8.5%	14+	before history	0.58%
ING	Ing Groep NV Financial Services	Added	142,094	+635	$1,914,006	+14.0%	14+	before history	0.58%

Showing the top 50 of 201 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.