Ward Ferry Management (bvi) LTD
Ward Ferry Management (BVI) Limited, now branded as WFM Asia (BVI) Limited, is an independent investment manager founded in 2000 with headquarters in Hong Kong. The firm specializes in long-only equity investments focused on small and mid-cap companies across Asia, operating two private funds and managing assets for global institutional clients. It maintains a concentrated portfolio and utilizes proprietary research and due diligence, employing a private equity approach to public market investing. Ward Ferry serves institutional investors seeking exposure to Asian growth companies. The firm has approximately 4 employees.
Investment Strategy
WFM Asia (BVI) Limited specializes in long-only equity investments in small and mid-cap companies across Asia. Its approach is characterized by bottom-up primary research, a private equity mindset in public markets, and a focus on sustainable, long-term growth. The firm emphasizes primary research, deep fundamental analysis, and proprietary due diligence to identify emerging opportunities before they become widely recognized. Their portfolios are concentrated, with significant allocations to top positions, enabling active engagement with management teams for collaborative value creation. By holding investments over several years, WFM Asia seeks to benefit from long-term industry dislocations and consumption trends.
Top Holdings
Equity Positions (6)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SE | SEA LTD | 31.81% | $295.7M | 1,848,541 | $51.16 | $159.94 | +$38.6M |
Y YMM | FULL TRUCK ALLIANCE CO LTD | 23.90% | $222.1M | 18,809,184 | $8.16 | $11.81 | -$18.1M |
G GRAB | GRAB HOLDINGS LIMITED | 16.88% | $156.9M | 31,188,515 | $3.55 | $5.03 | +$19.1M |
B BZ | KANZHUN LIMITED | 11.80% | $109.7M | 6,149,000 | $16.75 | $17.84 | -$56.3M |
H HTHT | H WORLD GROUP LTD | 11.08% | $103.0M | 3,035,416 | $36.44 | $33.92 | +$35.2M |