CIK 1842785
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 |
|---|---|---|
| Specialty Retail | 34.66% | 1 |
| Software & IT Services | 29.69% | 1 |
| Diversified Consumer Services | 26.45% | 1 |
| Real Estate Management & Development | 8.14% | 1 |
| Software | 1.07% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | JD | JD.Com, Inc. | Consumer Discretionary | 34.66% |
| 2 | BZ | Kanzhun Ltd | Information Technology | 29.69% |
| 3 | TAL | TAL Education Group | Consumer Discretionary | 26.45% |
| 4 | BEKE | Ke Holdings Inc. | Real Estate | 8.14% |
| 5 | MOMO | Hello Group Inc. | Information Technology | 1.07% |
5/5 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 0.0%; 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 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.0% of book weight (0/5 names) · unclassified 100.0%: JD, BZ, TAL, BEKE, MOMO. 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 | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| JDJD.COM INC | 6.4M | 6.3M | 6.5M | 6.2M | 6.2M | 5.5M | $164M |
| BZKANZHUN LIMITED | 3.1M | 7.2M | 9.1M | 9.4M | 9.4M | 10.5M | $140M |
| TALTAL EDUCATION GROUP | 1.6M | 2.0M | 7.0M | 11.0M | 11.0M | 11.0M | $125M |
| BEKEKE HLDGS INC | 3.8M | 3.7M | 3.7M | 3.3M | 3.1M | 2.6M | $38M |
| MOMOHELLO GROUP INC | 875K | 875K | 875K | 875K | 875K | 875K | $5M |
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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