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Livermore
Livermore
ZHEN

Dalton Investments LLC

SEC CIK
0001388838
Latest filing
Aug 11, 2026

The latest 13F from Dalton Investments LLC covers Q2 2026 (filed Aug 11, 2026): 16 long positions worth $111.0M. The top 10 holdings make up 95.7% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 36.1%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
0
Added
6
Est. +$8.88M
Reduced
1
Est. −$1.19M
Sold out
1
Est. −$1.38M

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    36.1%$40.0MHistory
  2. MMYTMakeMyTrip Ltd
    20.1%$22.3MHistory
  3. CTSHCognizant Technology Solutions Corp
    10.5%$11.7MHistory
  4. GGenpact LTD
    9.4%$10.4MHistory
  5. TASKTaskUs, Inc.
    9.0%$9.96MHistory

Share of portfolio

Top 5 holdings and the other 11 positions, by share of portfolio value

  1. NVDA36.1%
  2. MMYT20.1%
  3. CTSH10.5%
  4. G9.4%
  5. TASK9.0%
  6. Other 11 positions14.9%

Biggest buys

New and added positions, by estimated amount bought

  1. GGenpact LTD
    +$3.93MAddedHistory
  2. TASKTaskUs, Inc.
    +$2.85MAddedHistory
  3. CTSHCognizant Technology Solutions Corp
    +$1.32MAddedHistory
  4. MMYTMakeMyTrip Ltd
    +$703.4KAddedHistory
  5. TSMTaiwan Semiconductor Manufacturing Co Ltd
    +$38.2KAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. MMYTMakeMyTrip Ltd
    +5.48 pp14.6% → 20.1%History
  2. GGenpact LTD
    +0.87 pp8.5% → 9.4%History
  3. TSMTaiwan Semiconductor Manufacturing Co Ltd
    +0.33 pp0.9% → 1.3%History
  4. SHGShinhan Financial Group Co Ltd
    0.00 pp0.8% → 0.8%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. AMXAmerica Movil SAB de CV
    −$1.38MSold outHistory
  2. SESea Ltd
    −$1.19MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. AMXAmerica Movil SAB de CV
    −1.33 pp1.3% → 0.0%History
  2. SESea Ltd
    −0.72 pp4.6% → 3.9%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$111.0M
+$7.63M (+7.4%) vs. prior quarter
Positions
16
−1 vs. prior quarter
Top 10 concentration
95.7%
Top 10 as share of value
Turnover
2.4%
Q2 2026, one quarter
Average holding period
15.2 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $192.7M (Q4 2024)

Q1 2021: $182.6MQ2 2021: $181.6MQ3 2021: $136.6MQ4 2021: $153.1MQ1 2022: $142.2MQ2 2022: $109.9MQ3 2022: $121.7MQ4 2022: $115.6MQ1 2023: $113.9MQ2 2023: $118.0MQ3 2023: $129.1MQ4 2023: $151.1MQ1 2024: $165.0MQ2 2024: $175.8MQ3 2024: $169.6MQ4 2024: $192.7MQ1 2025: $186.4MQ2 2025: $188.8MQ3 2025: $149.2MQ4 2025: $134.8MQ1 2026: $103.3MQ2 2026: $111.0M
Q1 2021Q2 2026
13F filings of Dalton Investments LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 11, 202616$111.0MNVDAMMYTCTSHvs. Q1 2026SEC
Q1 2026May 12, 202617$103.3MNVDACTSHMMYTvs. Q4 2025SEC
Q4 2025Feb 12, 202619$134.8MNVDACTSHMMYTvs. Q3 2025SEC
Q3 2025Nov 6, 202518$149.2MNVDAWNSMMYTvs. Q2 2025SEC
Q2 2025Aug 7, 202520$188.8MIBNNVDAWNSvs. Q1 2025SEC
Q1 2025May 12, 202522$186.4MIBNWNSMMYTvs. Q4 2024SEC
Q4 2024Feb 13, 202527$192.7MIBNMMYTNVDAvs. Q3 2024SEC
Q3 2024Nov 12, 202426$169.6MIBNMMYTNVDAvs. Q2 2024SEC
Q2 2024Aug 13, 202427$175.8MMMYTIBNNVDAvs. Q1 2024SEC
Q1 2024May 15, 202427$165.0MIBNMMYTNVDAvs. Q4 2023SEC
Q4 2023Feb 14, 202426$151.1MIBNMMYTINFYvs. Q3 2023SEC
Q3 2023Nov 13, 202327$129.1MIBNMMYTINFYvs. Q2 2023SEC
Q2 2023Aug 10, 202326$118.0MIBNMMYTINFYvs. Q1 2023SEC
Q1 2023May 15, 202327$113.9MIBNMMYTINFYvs. Q4 2022SEC
Q4 2022Feb 14, 202326$115.6MIBNMMYTINFYvs. Q3 2022SEC
Q3 2022Nov 14, 202227$121.7MIBNMMYTINFYvs. Q2 2022SEC
Q2 2022Aug 5, 202228$109.9MIBNMMYTINFYvs. Q1 2022SEC
Q1 2022May 16, 202221$142.2MIBNINFYMMYTvs. Q4 2021SEC
Q4 2021Feb 14, 202221$153.1MIBNINFYMMYTvs. Q3 2021SEC
Q3 2021Nov 15, 202121$136.6MIBNINFYMMYTvs. Q2 2021SEC
Q2 2021Aug 16, 202127$181.6MIBNMMYTINFYvs. Q1 2021SEC
Q1 2021May 17, 202130$182.6MIBNINFYMMYT–SEC

13D and 13G filings

Companies where Dalton Investments LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

1 company, largest stake first.

Companies where Dalton Investments LLC owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
TASKTaskUs, Inc.13G/A11.77%4.30M shares+5.95 ppfrom 5.82%Jul 14, 20262 filingsAug 7, 2026SEC

Latest filings

2 filings on file made by Dalton Investments LLC or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Dalton Investments LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
TASKTaskUs, Inc.Aug 7, 202610:50 AM ET13G/A11.77%4.30M shares+5.95 ppfrom 5.82%Jul 31, 2026SEC
TASKTaskUs, Inc.Jul 14, 202611:54 AM ET13G5.82%2.13M sharesNewJun 30, 2026SEC