Kora Management LP Diversified Active

CIK: 0001659815 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $750,725 (100.0% shares, 0.0% debt)

Holdings (9)

New Positions (2)

GGAL GRUPO FINANCIERO GALICIA S.A 3.9%

Value ($000) $29,038 Shares 538,333 Est. Cost $53.94 Unrealized —

KSPI KASPI KZ JSC 1.8%

Value ($000) $13,243 Shares 169,500 Est. Cost $78.13 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GGAL	GRUPO FINANCIERO GALICIA S.A	538,333	$29,038	3.9%	$53.94	—	SPONSORED ADR	399909100
KSPI	KASPI KZ JSC	169,500	$13,243	1.8%	$78.13	—	SPONSORED ADS	48581R205

Increased Positions (4)

SE SEA LTD 53.3%

Value ($000) $399,944 (-27.5%) Shares 3,135,091 (+1.6%) Est. Cost $33.26 Unrealized —

NBIS NEBIUS GROUP N.V. 9.5%

Value ($000) $71,385 (-13.6%) Shares 852,816 (+15.8%) Est. Cost $35.22 Unrealized +194.3%

NU NU HLDGS LTD 16.2%

Value ($000) $121,616 (+6.3%) Shares 7,265,000 (+1.6%) Est. Cost $8.79 Unrealized +82.9%

MELI MERCADOLIBRE INC 5.7%

Value ($000) $42,817 (+19.3%) Shares 21,257 (+38.4%) Est. Cost $2317.23 Unrealized -9.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SE	SEA LTD	3,135,091 (+1.6%)	$399,944 (-27.5%)	53.3%	$33.26	—	SPONSORD ADS	81141R100
NBIS	NEBIUS GROUP N.V.	852,816 (+15.8%)	$71,385 (-13.6%)	9.5%	$35.22	+194.3%	SHS CLASS A	N97284108
NU	NU HLDGS LTD	7,265,000 (+1.6%)	$121,616 (+6.3%)	16.2%	$8.79	+82.9%	ORDSHS CL A	G6683N103
MELI	MERCADOLIBRE INC	21,257 (+38.4%)	$42,817 (+19.3%)	5.7%	$2317.23	-9.4%	COM	58733R102

Decreased Positions (3)

RBLX ROBLOX CORP 2.1%

Value ($000) $15,801 (-75.3%) Shares 195,000 (-57.7%) Est. Cost $36.44 Unrealized +191.4%

PDD PDD HOLDINGS INC 7.4%

Value ($000) $55,635 (-30.3%) Shares 490,650 (-18.8%) Est. Cost $98.96 Unrealized —

U UNITY SOFTWARE INC 0.2%

Value ($000) $1,247 (-90.8%) Shares 28,227 (-91.7%) Est. Cost $22.58 Unrealized +80.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RBLX	ROBLOX CORP	195,000 (-57.7%)	$15,801 (-75.3%)	2.1%	$36.44	+191.4%	CL A	771049103
PDD	PDD HOLDINGS INC	490,650 (-18.8%)	$55,635 (-30.3%)	7.4%	$98.96	—	SPONSORED ADS	722304102
U	UNITY SOFTWARE INC	28,227 (-91.7%)	$1,247 (-90.8%)	0.2%	$22.58	+80.5%	COM	91332U101