Nipun Capital, L.P. Diversified Active

CIK: 0001781566 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 12, 2026

Total Value ($000): $219,125 (100.0% shares, 0.0% debt)

Holdings (11)

New Positions (6)

VWO VANGUARD INTL EQUITY INDEX F 2.3%

Value ($000) $4,957 Shares 92,200 Est. Cost $53.76 Unrealized —

IFS INTERCORP FINL SVCS INC 0.4%

Value ($000) $867 Shares 20,470 Est. Cost $41.12 Unrealized 0.0%

TEN TSAKOS ENERGY NAVIGATION LTD 0.1%

Value ($000) $235 Shares 10,500 Est. Cost $23.41 Unrealized 0.0%

CMRE COSTAMARE INC 0.1%

Value ($000) $172 Shares 10,900 Est. Cost $13.82 Unrealized 0.0%

GASS STEALTHGAS INC 0.1%

Value ($000) $141 Shares 20,055 Est. Cost $6.72 Unrealized 0.0%

IMPP IMPERIAL PETE INC 0.1%

Value ($000) $110 Shares 30,300 Est. Cost $4.92 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VWO	VANGUARD INTL EQUITY INDEX F	92,200	$4,957	2.3%	$53.76	—	FTSE EMR MKT ETF	922042858
IFS	INTERCORP FINL SVCS INC	20,470	$867	0.4%	$41.12	0.0%	SHS	P5626F128
TEN	TSAKOS ENERGY NAVIGATION LTD	10,500	$235	0.1%	$23.41	0.0%	SHS	G9108L173
CMRE	COSTAMARE INC	10,900	$172	0.1%	$13.82	0.0%	SHS	Y1771G102
GASS	STEALTHGAS INC	20,055	$141	0.1%	$6.72	0.0%	SHS	Y81669106
IMPP	IMPERIAL PETE INC	30,300	$110	0.1%	$4.92	0.0%	COM NEW	Y3894J187

Increased Positions (5)

FXI ISHARES TR 21.0%

Value ($000) $46,080 (+169.3%) Shares 1,203,450 (+123.5%) Est. Cost $32.38 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 10.2%

Value ($000) $22,293 (+1392.6%) Shares 73,360 (+753.0%) Est. Cost $280.46 Unrealized —

MCHI ISHARES TR 23.0%

Value ($000) $50,315 (+37.0%) Shares 837,600 (+16.1%) Est. Cost $44.37 Unrealized —

INDA ISHARES TR 41.4%

Value ($000) $90,780 (-2.7%) Shares 1,679,555 (+5.3%) Est. Cost $50.10 Unrealized —

PDD PDD HOLDINGS INC 1.4%

Value ($000) $3,175 (+39.4%) Shares 28,000 (+65.7%) Est. Cost $115.90 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FXI	ISHARES TR	1,203,450 (+123.5%)	$46,080 (+169.3%)	21.0%	$32.38	—	CHINA LG-CAP ETF	464287184
TSM	TAIWAN SEMICONDUCTOR MFG LTD	73,360 (+753.0%)	$22,293 (+1392.6%)	10.2%	$280.46	—	SPONSORED ADS	874039100
MCHI	ISHARES TR	837,600 (+16.1%)	$50,315 (+37.0%)	23.0%	$44.37	—	MSCI CHINA ETF	46429B671
INDA	ISHARES TR	1,679,555 (+5.3%)	$90,780 (-2.7%)	41.4%	$50.10	—	MSCI INDIA ETF	46429B598
PDD	PDD HOLDINGS INC	28,000 (+65.7%)	$3,175 (+39.4%)	1.4%	$115.90	—	SPONSORED ADS	722304102

Exited Positions (2)

EEM ISHARES TR 1.8%

Value ($000) $3,953 Shares 86,200 Est. Cost $45.86 Unrealized —

SMIN ISHARES TR 1.6%

Value ($000) $3,436 Shares 39,954 Est. Cost $75.04 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	86,200	$3,953	1.8%	$45.86	—	—	464287234
SMIN	ISHARES TR	39,954	$3,436	1.6%	$75.04	—	—	46429B614