"KARS Holdings","As of 2026-01-20","Holdings Are Subject To Change"
Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)"
1,"Panasonic Holdings Corporation",4.93,6752,JP3866800000,"266,500","3,863,309"
2,"ALBEMARLE CORP",4.86,ALB,US0126531013,"22,058","3,805,887"
3,"STMICROELECTRONICS NV",4.18,STMPA,NL0000226223,"119,051","3,279,048"
4,"BAYERISCHE MOTOREN WERKE AG",3.83,BMW,DE0005190003,"29,707","2,999,060"
5,"TESLA INC",3.82,TSLA,US88160R1014,"7,139","2,993,026"
6,"BYD CO LTD -A",3.80,002594,CNE100001526,"218,700","2,979,078"
7,"CMOC GROUP LTD-A",3.57,603993,CNE100001NR0,"842,800","2,795,580"
8,"CONTEMPORARY AMPEREX TECHN-A",3.45,300750,CNE100003662,"53,720","2,700,270"
9,"XIAOMI CORP-CLASS B",3.39,1810,KYG9830T1067,"584,000","2,656,996"
10,"SAMSUNG SDI CO LTD",2.58,006400,KR7006400006,"9,161","2,019,875"
11,"RIVIAN AUTOMOTIVE INC-A",2.54,RIVN,US76954A1034,"123,279","1,992,189"
12,"MP MATERIALS CORP",2.52,MP,US5533681012,"28,839","1,972,011"
13,"Lynas Rare Earths Limited",2.44,LYC,AU000000LYC6,"185,902","1,911,218"
14,"HORIZON ROBOTICS INC",2.32,9660,KYG4602S1057,"1,542,600","1,821,828"
15,"GEELY AUTOMOBILE HOLDINGS LT",2.29,175,KYG3777B1032,"835,000","1,795,618"
16,"PLS GROUP LTD",2.25,PLS,AU000000PLS0,"551,767","1,763,155"
17,"XPENG INC - CLASS A SHARES",2.18,9868,KYG982AW1003,"167,300","1,705,523"
18,"LI AUTO INC-CLASS A",2.08,2015,KYG5479M1050,"205,200","1,627,465"
19,"SERES GROUP CO L-A",1.94,601127,CNE1000028B9,"88,600","1,518,227"
20,"NIO INC-CLASS A",1.83,9866,KYG6525F1028,"305,720","1,434,043"
21,"LG ENERGY SOLUTION",1.79,373220,KR7373220003,"5,135","1,399,618"
22,"AURORA INNOVATION INC",1.66,AUR,US0517741072,"290,132","1,302,693"
23,SQM/B,1.63,SQM/B,CLP8716X1082,"16,060","1,278,803"
24,"ZHEJIANG HUAYOU COBALT CO -A",1.43,603799,CNE100001VW3,"104,063","1,122,765"
25,"ECOPRO BM CO LTD",1.35,247540,KR7247540008,"9,772","1,058,129"
26,"EVE ENERGY CO LTD-A",1.34,300014,CNE100000GS4,"110,260","1,046,630"
27,"Dr Ing hc F Porsche AG",1.33,P911,DE000PAG9113,"21,417","1,041,387"
28,"MINERAL RESOURCES LTD",1.23,MIN,AU000000MIN4,"23,835","966,833"
29,"SAIC MOTOR CORP LTD-A",1.17,600104,CNE000000TY6,"417,500","917,233"
30,"POSCO FUTURE M CO LTD",1.09,003670,KR7003670007,"6,174","856,021"
31,"GANFENG LITHIUM GROUP CO L-A",1.08,002460,CNE100000SF6,"86,957","849,934"
32,"NIDEC CORP",1.08,6594,JP3734800000,"56,600","847,558"
33,"IGO LTD",1.04,IGO,AU000000IGO4,"133,983","812,018"
34,UMICORE,1.03,UMI,BE0974320526,"36,088","803,733"
35,"ZHEJIANG LEAPMOTOR TECHNOL-H",1.02,9863,CNE100005K77,"137,800","803,291"
36,"CHONGQING CHANGAN AUTOMOB-A",0.95,000625,CNE000000R36,"446,000","748,351"
37,"WUXI LEAD INTELLIGENT EQUI-A",0.89,300450,CNE100001ZF9,"84,400","700,315"
38,"TIANQI LITHIUM CORP-A",0.88,002466,CNE100000T32,"80,500","688,557"
39,"XIAMEN TUNGSTEN CO LTD-A",0.85,600549,CNE000001D15,"85,751","666,523"
40,"GUANGZHOU TINCI MATERIALS -A",0.81,002709,CNE100001RG4,"101,994","632,344"
41,"HESAI GROUP",0.80,HSAI,US4280501085,"22,311","628,724"
42,"HUIZHOU DESAY SV AUTOMOTIV-A",0.79,002920,CNE1000033C7,"32,400","619,579"
43,"GOTION HIGH-TECH CO LTD-A",0.71,002074,CNE000001NY7,"97,089","557,961"
44,"AMBARELLA INC",0.63,AMBA,KYG037AX1015,"7,551","496,403"
45,"PLUG POWER INC",0.63,PLUG,US72919P2020,"214,264","494,950"
46,"PONY AI INC",0.62,PONY,US7329081084,"31,952","488,546"
47,"CHINESE YUAN RENMINBI",0.60,,–,"3,294,695","473,713"
48,"SHANGHAI PUTAILAI NEW ENERGY",0.58,603659,CNE100002TX3,"114,499","453,054"
49,"ANEKA TAMBANG TBK",0.51,ANTM,ID1000106602,"1,633,200","396,978"
50,"CNGR ADVANCED MATERIAL CO -A",0.50,300919,CNE1000049X9,"51,070","389,098"
51,"HUNAN YUNENG NEW ENERGY BA-A",0.49,301358,CNE100005YS6,"41,300","383,722"
52,"YUNNAN ENERGY NEW MATERIAL-A",0.48,002812,CNE100002BR3,"51,700","378,957"
53,"VOLVO CAR AB-B",0.48,VOLCARB,SE0021628898,"113,270","376,647"
54,"SHENZHEN KEDALI INDUSTRY C-A",0.48,002850,CNE100002JW6,"15,836","376,099"
55,"GEM CO LTD-A",0.47,002340,CNE100000KT4,"281,140","367,844"
56,"BAIC BLUEPARK NEW ENERGY  -A",0.46,600733,CNE000000LP1,"299,000","358,969"
57,"L&F CO LTD",0.45,066970,KR7066970005,"4,584","355,298"
58,"ROBOSENSE TECHNOLOGY CO LTD",0.42,2498,KYG7611S1075,"66,900","330,794"
59,"YADEA GROUP HOLDINGS LTD",0.42,1585,KYG9830F1063,"216,000","328,775"
60,"WERIDE INC-ADR",0.41,WRD,US9509151083,"38,278","324,597"
61,"MOBILEYE GLOBAL INC-A",0.40,MBLY,US60741F1049,"29,666","312,086"
62,"CALB GROUP CO LTD-H",0.35,3931,CNE100005LL8,"75,400","270,722"
63,"BEIJING EASPRING MATERIAL-A",0.32,300073,CNE100000NN1,"29,300","254,577"
64,"CHENGXIN LITHIUM GROUP CO-A",0.31,002240,CNE100000BN6,"50,200","244,971"
65,"LUCID GROUP INC",0.31,LCID,US5494981039,"24,591","239,266"
66,"QINGDAO TGOOD ELECTRIC-A",0.30,300001,CNE100000H69,"57,100","238,332"
67,"NINGBO SHANSHAN CO LTD-A",0.30,600884,CNE000000JJ8,"120,400","233,354"
68,Cash,0.29,,–,"230,040","230,040"
69,"ZHONGSHAN BROAD OCEAN MOTO-A",0.29,002249,CNE100000C07,"133,600","223,978"
70,"GUANGZHOU AUTOMOBILE GROUP-H",0.28,2238,CNE100000Q35,"446,000","217,899"
71,"CHINA BAOAN GROUP-A",0.26,000009,CNE000000222,"139,607","200,728"
72,"NAVINFO CO LTD-A",0.24,002405,CNE100000P69,"129,000","189,001"
73,"SHENZHEN SENIOR TECHNOLOGY-A",0.20,300568,CNE100002DP3,"73,200","154,608"
74,"FARASIS ENERGY GAN ZHOU CO-A",0.19,688567,CNE1000041T4,"66,790","149,520"
75,"SOLID POWER INC",0.19,SLDP,US83422N1054,"26,989","147,360"
76,"BALLARD POWER SYSTEMS INC",0.16,BLDP,CA0585861085,"48,311","127,488"
77,"MICROVAST HOLDINGS INC",0.14,MVST,US59516C1062,"38,592","109,987"
78,"EVGO INC",0.09,EVGO,US30052F1003,"24,060","73,624"
79,EURO,0.00,,–,185,217
80,"AUSTRALIAN DOLLAR",0.00,,–,301,203
81,"CANADIAN DOLLAR",0.00,,–,4,3
82,"JAPANESE YEN",0.00,,–,90,1
83,"HONG KONG DOLLAR",0.00,,–,1,0
84,"SWEDISH KRONE",0.00,,–,-451,-49