Euro Pacific Asset Management 13F: New $2.5M Stake in Sea (SE)

Euro Pacific Asset Management opened a new stake in Sea Limited NYSE SE, picking up 22,177 shares worth about $2.5 million. The fund revealed the new holding in an SEC filing filed on October 13, 2026. Because Form 13F filings look backward, this report covers positions held at the end of the recent reporting period and may not reflect the fund's exact current holdings.

Inside Euro Pacific Asset Management's Sea Limited Trade

The fund initiated its position from scratch during the quarter, buying 22,177 shares valued at $2,516,646. Since 13F filings only reveal the ending balance rather than exact execution dates, this purchase took place over the course of the period covered by the filing.

Other Institutional Activity in Sea Limited

Other large institutional investors made significant moves in Sea Limited during the same reporting period. Baillie Gifford & Co reduced its holdings by 1,245,153 shares, ending with 38,409,385 shares valued at about $3.6 billion. Price (T.Rowe) Associates Inc grew its stake by 2,228,453 shares to finish with 35,638,546 shares worth roughly $3.34 billion. WCM Investment Management, LLC added 134,985 shares, bringing its total to 33,881,192 shares valued at about $3.18 billion. Blackrock Inc. increased its holdings by 240,839 shares, holding 21,183,402 shares worth approximately $1.99 billion. FMR, LLC raised its stake by 1,362,025 shares, ending with 15,403,524 shares valued at about $1.44 billion.

Sea Limited Stock Down 0.4%

Sea Limited shares recently traded around $97.12 as of October 16, 2026. The stock sits below its 50-day moving average of $108.07 and below its 200-day moving average of $101.58. The company carries a market capitalization of roughly $57.4 billion.

Recent Earnings

For its trailing twelve months, the internet retailer reported revenue of $27.7 billion and earnings of $2.59 per share. The company posted a net profit margin of 5.9% and a return on equity of 14.7%. Its next quarterly financial report is scheduled for release on November 10, 2026.

Dividend

Sea Limited currently pays no dividend, registering a dividend yield and payout ratio of 0.0%.

Insider Buying and Selling at Sea Limited

Company insiders executed several stock sales recently. Officer Jingye David Chen sold 60,000 shares on September 22, 2026, for a total value of about $6.2 million. Officer Feng Zhao disposed of 40,000 shares on October 1, 2026, valued at approximately $3.8 million. Chief Corporate Officer and General Counsel Wang Yanjun sold 1,000 shares on October 9, 2026, at an average price of $95.37 for a total of $95,365.50 under a planned trading schedule. Wang sold another 1,000 shares on October 12, 2026, at $95.87 per share, generating $95,872 under a Rule 10b5-1 plan.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On August 4, 2026, TD Cowen maintained its hold rating and lowered its price target to $100.00 from $108.00. Benchmark kept a buy rating on August 12, 2026, lifting its target from $140.00 to $175.00. Barclays maintained an overweight rating on August 13, 2026, raising its target from $122.00 to $156.00. Overall, the stock carries a consensus strong buy rating with a mean price target of $154.93 based on 28 analyst opinions.

About Sea Limited

Headquartered in Singapore, Sea Limited operates as a technology platform across Southeast Asia, Latin America, and other international markets. The business runs through three main segments covering e-commerce, digital financial services, and digital entertainment. Its Garena platform provides mobile and PC online games alongside eSports operations, while its e-commerce and fintech arms serve millions of active regional users.

Bottom Line

Euro Pacific Asset Management's new position highlights ongoing institutional interest in Sea Limited despite recent share price softness. Investors will look toward the upcoming November earnings release for fresh details on the company's growth trajectory and profitability. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.