13F

Position

INTERCAPITAL, LLC in Sea Ltd

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$1.67M$127.57$82.81

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202537.4K$4.77M1.7%
Q1 202669.7K$5.77M$82.81−$1.67M$2.67M1.9%