"KARS Holdings","As of 2025-10-30","Holdings Are Subject To Change" Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)" 1,"CONTEMPORARY A-A",4.85,300750,CNE100003662,"72,820","4,077,416" 2,"TESLA INC",4.51,TSLA,US88160R1014,"8,612","3,790,141" 3,"PANASONIC HOLDINGS CORP",4.01,6752,JP3866800000,"270,100","3,370,884" 4,"XPENG INC-A SHRS",3.60,9868,KYG982AW1003,"266,000","3,026,579" 5,"CMOC GROUP LTD-A",3.36,603993,CNE100001NR0,"1,140,700","2,822,403" 6,"BYD CO LTD -A",3.23,002594,CNE100001526,"186,400","2,715,080" 7,"EVE ENERGY CO LTD-A",3.04,300014,CNE100000GS4,"217,260","2,559,521" 8,"SAMSUNG SDI CO LTD",3.03,006400,KR7006400006,"11,151","2,543,821" 9,"GEELY AUTOMOBILE",3.02,175,KYG3777B1032,"1,052,000","2,541,547" 10,"NIO INC-CLASS A",2.91,9866,KYG6525F1028,"344,070","2,442,364" 11,"PILBARA MINERALS LTD",2.84,PLS,AU000000PLS0,"1,104,648","2,389,336" 12,"LI AUTO INC-CLASS A",2.83,2015,KYG5479M1050,"229,600","2,380,431" 13,"XIAOMI CORP-CLASS B",2.73,1810,KYG9830T1067,"404,400","2,298,573" 14,"ALBEMARLE CORP",2.72,ALB,US0126531013,"23,319","2,282,697" 15,"SERES GROUP CO L-A",2.65,601127,CNE1000028B9,"97,200","2,226,532" 16,"LG ENERGY SOLUTION",2.60,373220,KR7373220003,"6,413","2,186,582" 17,"ECOPRO BM CO LTD",2.39,247540,KR7247540008,"17,615","2,007,358" 18,"RIVIAN AUTOMOTIVE INC-A",2.24,RIVN,US76954A1034,"145,226","1,886,486" 19,"Lynas Rare Earths",2.18,LYC,AU000000LYC6,"188,962","1,831,817" 20,"Dr Ing hc F Porsche AG",2.08,P911,DE000PAG9113,"32,448","1,746,320" 21,"POSCO FUTURE M CO LTD",2.01,003670,KR7003670007,"10,955","1,689,105" 22,"GANFENG LITHIU-A",1.99,002460,CNE100000SF6,"164,357","1,672,175" 23,"ZHEJIANG HUAYO-A",1.98,603799,CNE100001VW3,"180,563","1,662,412" 24,"MP MATERIALS CORP",1.97,MP,US5533681012,"25,457","1,652,668" 25,SQM/B,1.88,SQM/B,CLP8716X1082,"32,796","1,581,452" 26,"ZHEJIANG LEAPM-H",1.66,9863,CNE100005K77,"184,400","1,399,145" 27,"WUXI LEAD INTE-A",1.63,300450,CNE100001ZF9,"164,100","1,368,038" 28,UMICORE,1.59,UMI,BE0974320526,"69,350","1,336,075" 29,"TIANQI LITHIUM CORP-A",1.44,002466,CNE100000T32,"154,900","1,212,511" 30,"PLUG POWER INC",1.34,PLUG,US72919P2020,"425,197","1,126,772" 31,"GOTION HIGH-TECH CO LTD-A",1.33,002074,CNE000001NY7,"173,689","1,118,581" 32,"GUANGZHOU TINC-A",1.30,002709,CNE100001RG4,"189,894","1,092,934" 33,"IGO LTD",1.15,IGO,AU000000IGO4,"266,182","964,813" 34,"MINERAL RESOURCES LTD",1.15,MIN,AU000000MIN4,"30,494","963,387" 35,"SHANGHAI PUTAI-A",1.00,603659,CNE100002TX3,"208,899","838,451" 36,"XIAMEN TUNGSTEN CO LTD-A",0.99,600549,CNE000001D15,"161,451","829,589" 37,"HUNAN YUNENG N-A",0.92,301358,CNE100005YS6,"77,500","769,749" 38,"L&F CO LTD",0.92,066970,KR7066970005,"8,805","769,516" 39,"LUCID GROUP INC",0.91,LCID,US5494981039,"43,642","765,036" 40,"VOLVO CAR AB-B",0.89,VOLCARB,SE0021628898,"217,578","751,629" 41,"SHENZHEN KEDAL-A",0.83,002850,CNE100002JW6,"28,236","701,097" 42,"BAIC BLUEPARK-A",0.79,600733,CNE000000LP1,"568,500","667,347" 43,"GEM CO LTD-A",0.76,002340,CNE100000KT4,"525,940","635,133" 44,"YADEA GROUP HOLDINGS LTD",0.76,1585,KYG9830F1063,"404,000","634,914" 45,"YUNNAN ENERGY-A",0.73,002812,CNE100002BR3,"99,200","615,154" 46,"CNGR ADVANCED -A",0.73,300919,CNE1000049X9,"95,370","612,185" 47,"ANEKA TAMBANG TBK",0.68,ANTM,ID1000106602,"3,057,900","573,356" 48,"BEIJING EASPRI-A",0.65,300073,CNE100000NN1,"55,400","545,184" 49,"ZEEKR INTELL-ADR",0.59,ZK,US98923K1034,"17,196","496,449" 50,Cash,0.55,,–,"461,738","461,738" 51,"QINGDAO TGOOD ELECTRIC-A",0.53,300001,CNE100000H69,"108,400","441,939" 52,"ZHONGSHAN BROA-A",0.52,002249,CNE100000C07,"251,400","434,009" 53,"NIDEC CORP",0.51,6594,JP3734800000,"34,200","431,923" 54,"NINGBO SHANSHAN CO LTD-A",0.51,600884,CNE000000JJ8,"220,800","428,054" 55,"CHINA BAOAN GROUP-A",0.49,000009,CNE000000222,"263,707","414,104" 56,"GUANGZHOU AUTO-H",0.43,2238,CNE100000Q35,"854,000","364,934" 57,"CHENGXIN LITHI-A",0.40,2240,CNE100000BN6,"96,500","335,767" 58,"FARASIS ENERGY G",0.38,688567,CNE1000041T4,"124,711","321,017" 59,"SHENZHEN SENIO-A",0.30,300568,CNE100002DP3,"137,300","251,893" 60,"CHINESE YUAN RENMINBI",0.00,,–,"27,119","3,812" 61,EURO,0.00,,–,185,213 62,"AUSTRALIAN DOLLAR",0.00,,–,299,196 63,"HONG KONG DOLLAR",0.00,,–,"1,044",134 64,"CANADIAN DOLLAR",0.00,,–,4,3 65,"JAPANESE YEN",0.00,,–,42,0 66,"SWEDISH KRONE",0.00,,–,-451,-48