"KARS Holdings","As of 2026-01-02","Holdings Are Subject To Change" Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)" 1,"Panasonic Holdings Corporation",4.52,6752,JP3866800000,"277,500","3,586,048" 2,"BAYERISCHE MOTOREN WERKE AG",4.41,BMW,DE0005190003,"30,925","3,500,395" 3,"STMICROELECTRONICS NV",4.30,STMPA,NL0000226223,"123,937","3,413,889" 4,"ALBEMARLE CORP",4.17,ALB,US0126531013,"22,962","3,304,921" 5,"TESLA INC",4.10,TSLA,US88160R1014,"7,431","3,255,298" 6,"BYD CO LTD -A",4.02,002594,CNE100001526,"227,700","3,193,496" 7,"XIAOMI CORP-CLASS B",3.96,1810,KYG9830T1067,"608,000","3,142,857" 8,"CONTEMPORARY AMPEREX TECHN-A",3.71,300750,CNE100003662,"55,920","2,947,547" 9,"CMOC GROUP LTD-A",3.17,603993,CNE100001NR0,"877,400","2,518,532" 10,"RIVIAN AUTOMOTIVE INC-A",3.14,RIVN,US76954A1034,"128,339","2,491,060" 11,"GEELY AUTOMOBILE HOLDINGS LT",2.58,175,KYG3777B1032,"875,000","2,043,671" 12,"LI AUTO INC-CLASS A",2.35,2015,KYG5479M1050,"213,600","1,865,353" 13,"HORIZON ROBOTICS INC",2.34,9660,KYG4602S1057,"1,606,200","1,853,066" 14,"XPENG INC - CLASS A SHARES",2.26,9868,KYG982AW1003,"174,100","1,795,214" 15,"SAMSUNG SDI CO LTD",2.19,006400,KR7006400006,"9,535","1,735,259" 16,"NIO INC-CLASS A",2.13,9866,KYG6525F1028,"318,280","1,687,723" 17,"PLS GROUP LTD",2.09,PLS,AU000000PLS0,"574,425","1,655,791" 18,"MP MATERIALS CORP",2.08,MP,US5533681012,"30,023","1,650,364" 19,"SERES GROUP CO L-A",2.02,601127,CNE1000028B9,"92,200","1,600,636" 20,"Lynas Rare Earths Limited",1.99,LYC,AU000000LYC6,"193,534","1,581,697" 21,"LG ENERGY SOLUTION",1.69,373220,KR7373220003,"5,345","1,337,732" 22,"Dr Ing hc F Porsche AG",1.57,P911,DE000PAG9113,"22,295","1,247,112" 23,"AURORA INNOVATION INC",1.47,AUR,US0517741072,"302,044","1,168,910" 24,SQM/B,1.45,SQM/B,CLP8716X1082,"16,718","1,149,230" 25,"EVE ENERGY CO LTD-A",1.37,300014,CNE100000GS4,"114,860","1,084,053" 26,"ZHEJIANG HUAYOU COBALT CO -A",1.34,603799,CNE100001VW3,"108,263","1,060,636" 27,"ECOPRO BM CO LTD",1.26,247540,KR7247540008,"10,172","999,288" 28,"SAIC MOTOR CORP LTD-A",1.20,600104,CNE000000TY6,"434,700","949,564" 29,"MINERAL RESOURCES LTD",1.16,MIN,AU000000MIN4,"24,813","920,020" 30,"ZHEJIANG LEAPMOTOR TECHNOL-H",1.15,9863,CNE100005K77,"143,400","912,036" 31,UMICORE,1.03,UMI,BE0974320526,"37,568","820,707" 32,"GANFENG LITHIUM GROUP CO L-A",1.03,002460,CNE100000SF6,"90,557","817,379" 33,"NIDEC CORP",1.01,6594,JP3734800000,"59,000","803,321" 34,"CHONGQING CHANGAN AUTOMOB-A",1.00,000625,CNE000000R36,"464,400","790,491" 35,"POSCO FUTURE M CO LTD",0.99,003670,KR7003670007,"6,426","788,103" 36,"IGO LTD",0.97,IGO,AU000000IGO4,"139,483","765,878" 37,Cash,0.92,,–,"730,699","730,699" 38,"GUANGZHOU TINCI MATERIALS -A",0.89,002709,CNE100001RG4,"106,194","706,126" 39,"TIANQI LITHIUM CORP-A",0.84,002466,CNE100000T32,"83,700","665,271" 40,"WUXI LEAD INTELLIGENT EQUI-A",0.79,300450,CNE100001ZF9,"87,800","629,812" 41,"AMBARELLA INC",0.74,AMBA,KYG037AX1015,"7,861","590,833" 42,"HUIZHOU DESAY SV AUTOMOTIV-A",0.74,002920,CNE1000033C7,"33,800","583,582" 43,"GOTION HIGH-TECH CO LTD-A",0.72,002074,CNE000001NY7,"101,089","567,429" 44,"HESAI GROUP",0.70,HSAI,US4280501085,"23,225","559,258" 45,"PONY AI INC",0.67,PONY,US7329081084,"33,262","534,520" 46,"XIAMEN TUNGSTEN CO LTD-A",0.66,600549,CNE000001D15,"89,351","526,548" 47,"PLUG POWER INC",0.63,PLUG,US72919P2020,"223,060","497,424" 48,"SHANGHAI PUTAILAI NEW ENERGY",0.59,603659,CNE100002TX3,"119,099","467,333" 49,"YUNNAN ENERGY NEW MATERIAL-A",0.55,002812,CNE100002BR3,"53,900","438,159" 50,"VOLVO CAR AB-B",0.53,VOLCARB,SE0021628898,"117,920","419,959" 51,"HUNAN YUNENG NEW ENERGY BA-A",0.50,301358,CNE100005YS6,"43,100","399,975" 52,"WERIDE INC-ADR",0.47,WRD,US9509151083,"39,848","374,173" 53,"SHENZHEN KEDALI INDUSTRY C-A",0.47,002850,CNE100002JW6,"16,436","372,382" 54,"BAIC BLUEPARK NEW ENERGY -A",0.45,600733,CNE000000LP1,"311,200","358,653" 55,"CNGR ADVANCED MATERIAL CO -A",0.44,300919,CNE1000049X9,"53,070","352,883" 56,"GEM CO LTD-A",0.44,002340,CNE100000KT4,"292,740","351,243" 57,"MOBILEYE GLOBAL INC-A",0.44,MBLY,US60741F1049,"30,884","346,827" 58,"ROBOSENSE TECHNOLOGY CO LTD",0.42,2498,KYG7611S1075,"69,700","333,636" 59,"YADEA GROUP HOLDINGS LTD",0.42,1585,KYG9830F1063,"224,000","331,730" 60,"ANEKA TAMBANG TBK",0.41,ANTM,ID1000106602,"1,700,200","326,414" 61,"L&F CO LTD",0.39,066970,KR7066970005,"4,772","311,980" 62,"LUCID GROUP INC",0.36,LCID,US5494981039,"25,599","285,423" 63,"CALB GROUP CO LTD-H",0.33,3931,CNE100005LL8,"78,600","262,257" 64,"CHENGXIN LITHIUM GROUP CO-A",0.33,002240,CNE100000BN6,"52,200","257,945" 65,"BEIJING EASPRING MATERIAL-A",0.32,300073,CNE100000NN1,"30,500","253,016" 66,"NINGBO SHANSHAN CO LTD-A",0.31,600884,CNE000000JJ8,"125,400","243,149" 67,"GUANGZHOU AUTOMOBILE GROUP-H",0.30,2238,CNE100000Q35,"466,000","236,817" 68,"QINGDAO TGOOD ELECTRIC-A",0.28,300001,CNE100000H69,"59,300","218,559" 69,"ZHONGSHAN BROAD OCEAN MOTO-A",0.27,002249,CNE100000C07,"139,000","217,451" 70,"CHINA BAOAN GROUP-A",0.26,000009,CNE000000222,"145,407","205,561" 71,"NAVINFO CO LTD-A",0.22,002405,CNE100000P69,"134,200","173,539" 72,"SHENZHEN SENIOR TECHNOLOGY-A",0.21,300568,CNE100002DP3,"76,200","166,780" 73,"FARASIS ENERGY GAN ZHOU CO-A",0.20,688567,CNE1000041T4,"69,532","156,178" 74,"BALLARD POWER SYSTEMS INC",0.17,BLDP,CA0585861085,"50,287","135,579" 75,"SOLID POWER INC",0.16,SLDP,US83422N1054,"28,095","130,642" 76,"MICROVAST HOLDINGS INC",0.14,MVST,US59516C1062,"40,176","113,296" 77,"EVGO INC",0.10,EVGO,US30052F1003,"25,046","77,142" 78,EURO,0.00,,–,185,217 79,"AUSTRALIAN DOLLAR",0.00,,–,301,201 80,"CANADIAN DOLLAR",0.00,,–,4,3 81,"JAPANESE YEN",0.00,,–,90,1 82,"HONG KONG DOLLAR",0.00,,–,1,0 83,"SWEDISH KRONE",0.00,,–,-451,-49