# FACTORIAL MANAGEMENT Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1697137. Source: https://holderbook.com/funds/1697137-factorial-management-ltd/

- Reported value: $3.6M
- Positions: 3
- Weight of the ten largest: 100.0%
- Filed: 2026-07-16

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| HDFC BANK LTD | [HDB](https://holderbook.com/stocks/HDB/) | $1.5M | 56,260 | 40.2% | 4 |
| ALIBABA GROUP HLDG LTD | - | $1.2M | 1,000,000 | 32.6% | 5 |
| TRIP COM GROUP LTD | - | $986.1K | 1,000,000 | 27.3% | 5 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.6M | 3 |
| Q1 2026 | $3.8M | 3 |
| Q4 2025 | $4.8M | 3 |
| Q3 2025 | $5.0M | 3 |
| Q2 2025 | $4.6M | 4 |
| Q2 2024 | $14.4K | 1 |
| Q2 2023 | $870.0K | 1 |
| Q1 2023 | $2.7M | 2 |
| Q4 2022 | $3.6M | 3 |
| Q3 2022 | $3.2M | 2 |
| Q2 2022 | $15.0M | 5 |
| Q1 2022 | $2.3M | 2 |