A $114 billion asset manager is betting a significant portion of its capital on two under-the-radar stocks while increasing allocations in three other names.
The latest data from the U.S. Securities and Exchange Commission (SEC) shows that WCM Investment Management has allocated $4.11 billion to buy over 25 million shares of Sea Limited (SE).
-->Sea Limited is a Singapore-based global consumer internet conglomerate known for owning and operating the e-commerce giant Shopee and the digital entertainment platform Garena. In Q2, SE posted earnings per share of $0.65, beating analyst expectations of $0.51. The growth stock is up over 40 year-to-date.
WCM Investment Management also significantly increased its holdings in Philip Morris (PM) by $2.04 billion last quarter. The tobacco giant, known for paying and even increasing dividends during periods of economic downturn, is up about 80 this year.
The hedge fund also boosted its positions in three other names, starting with the retail-focused trading platform Robinhood (HOOD). SEC filings for Q2 show that WCM holds $959.42 million worth of HOOD shares – up from just $13 million in Q1.
In addition, WCM bought more shares of the agriculture-focused company Corteva (CTVA) over a three-month period, increasing its allocation from $426.088 million in Q1 2025 to $672.835 million in Q2.
Lastly, the firm increased its Nvidia (NVDA) stock trove last quarter, from $671.368 million worth of shares in Q1 to $1.020 billion in Q2.
WCM Investment Management is a California-based asset manager known for managing mutual funds, institutional accounts and individual accounts. The firm focuses on long-term investment strategies involving high-quality growth stocks.
