CIK 1665751
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Software & IT Services | 25.12% | 2 |
| Commercial Services & Supplies | 22.65% | 3 |
| Software | 16.44% | 2 |
| Technology Hardware & Equipment | 11.72% | 1 |
| Textiles, Apparel & Luxury Goods | 9.71% | 1 |
| Semiconductors & Semiconductor Equipment | 5.37% | 3 |
| Specialty Retail | 4.02% | 1 |
| Banks | 2.44% | 1 |
| Capital Markets | 1.68% | 1 |
| Road & Rail | 0.83% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | PDD | PDD Holdings Inc. | Industrials | 21.23% |
| 2 | BZ | Kanzhun Ltd | Information Technology | 19.67% |
| 3 | YMM | Full Truck Alliance Co. Ltd. | Information Technology | 15.97% |
| 4 | ONTO | ONTO INNOVATION INC. | Information Technology | 11.72% |
| 5 | AS | Amer Sports, Inc. | Consumer Discretionary | 9.71% |
| 6 | GOOG | Alphabet Inc. | Communication Services | 5.46% |
| 7 | AMZN | AMAZON COM INC | Consumer Discretionary | 4.02% |
| 8 | TXN | TEXAS INSTRUMENTS INC | Information Technology | 2.63% |
| 9 | LX | LexinFintech Holdings Ltd. | Financials | 2.44% |
| 10 | NVDA | NVIDIA CORP | Information Technology | 1.94% |
16/16 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 36.0%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 26% of book weight classified — the grid is NOT representative of the whole book.
Classified: 25.8% of book weight (5/16 names) · unclassified 74.2%: PDD, BZ, YMM, AS, LX, FUTU, TCOM, ZTO, TSM, U +1 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | PDDPDD HOLDINGS INC | 704,489 | $72M | 21.2% | ADD 18% |
| 2 | BZKANZHUN LIMITED | 4,980,130 | $67M | 19.7% | NEW |
| 3 | YMMFULL TRUCK ALLIANCE CO LTD | 6,522,380 | $54M | 16.0% | NEW |
| 4 | ONTOONTO INNOVATION INC | 193,838 | $40M | 11.7% | TRIM −22% |
| 5 | ASAMER SPORTS INC | 1,000,334 | $33M | 9.7% | TRIM −64% |
| 6 | GOOGALPHABET INC | 64,476 | $18M | 5.5% | TRIM −19% |
| 7 | AMZNAMAZON COM INC | 65,416 | $14M | 4.0% | NEW |
| 8 | TXNTEXAS INSTRS INC | 45,906 | $9M | 2.6% | ADD 27% |
| 9 | LXLEXINFINTECH HLDGS LTD | 3,800,265 | $8M | 2.4% | ADD 6% |
| 10 | NVDANVIDIA CORPORATION | 37,810 | $7M | 1.9% | NEW |
| 11 | FUTUFUTU HLDGS LTD | 41,607 | $6M | 1.7% | NEW |
| 12 | TCOMTRIP COM GROUP LTD | 89,838 | $4M | 1.3% | NEW |
| 13 | ZTOZTO EXPRESS CAYMAN INC | 112,444 | $3M | 0.8% | NEW |
| 14 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 8,009 | $3M | 0.8% | NEW |
| 15 | UUNITY SOFTWARE INC | 73,389 | $2M | 0.5% | NEW |
| 16 | BABAALIBABA GROUP HLDG LTD | 2,754 | $345,517 | 0.1% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| PDDPDD HOLDINGS INC | 646K | — | — | — | 595K | 704K | $72M |
| BZKANZHUN LIMITED | 7.3M | 1.8M | 936K | — | — | 5.0M | $67M |
| YMMFULL TRUCK ALLIANCE CO LTD | 4.2M | 3.0M | 2.8M | — | — | 6.5M | $54M |
| ONTOONTO INNOVATION INC | — | — | — | 219K | 249K | 194K | $40M |
| ASAMER SPORTS INC | 4.1M | 3.6M | 806K | 1.1M | 2.8M | 1.0M | $33M |
| GOOGALPHABET INC | — | 39K | — | 190K | 79K | 64K | $18M |
| AMZNAMAZON COM INC | — | — | — | — | — | 65K | $14M |
| TXNTEXAS INSTRS INC | — | — | — | — | 36K | 46K | $9M |
| LXLEXINFINTECH HLDGS LTD | — | — | 653K | 2.9M | 3.6M | 3.8M | $8M |
| NVDANVIDIA CORPORATION | — | — | — | 13K | — | 38K | $7M |
| FUTUFUTU HLDGS LTD | 182K | 173K | — | — | — | 42K | $6M |
| TCOMTRIP COM GROUP LTD | — | — | — | — | — | 90K | $4M |
| ZTOZTO EXPRESS CAYMAN INC | — | — | — | — | — | 112K | $3M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | — | — | — | — | — | 8K | $3M |
| UUNITY SOFTWARE INC | — | — | — | — | — | 73K | $2M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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