CIK 1964631
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 | 45.20% | 2 |
| Commercial Services & Supplies | 36.57% | 2 |
| Banks | 11.27% | 1 |
| Semiconductors & Semiconductor Equipment | 3.00% | 2 |
| Unclassified | 1.86% | 1 |
| Software & IT Services | 1.78% | 1 |
| Communications Equipment | 0.32% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | YMM | Full Truck Alliance Co. Ltd. | Information Technology | 44.55% |
| 2 | BABA | Alibaba Group Holding Ltd | Industrials | 31.89% |
| 3 | LU | Lufax Holding Ltd | Financials | 11.27% |
| 4 | PDD | PDD Holdings Inc. | Industrials | 4.68% |
| 5 | JOYY | JOYY INC | Unclassified | 1.86% |
| 6 | META | Meta Platforms, Inc. | Communication Services | 1.78% |
| 7 | NVDA | NVIDIA CORP | Information Technology | 1.74% |
| 8 | MU | MICRON TECHNOLOGY INC | Information Technology | 1.26% |
| 9 | MOMO | Hello Group Inc. | Information Technology | 0.65% |
| 10 | LITE | Lumentum Holdings Inc. | Information Technology | 0.32% |
9/10 names classified · sector 98.1% of weight · industry 98.1% · mkt cap 5.1%; 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: 98.1% of the book is sector-classified (unclassified names shown, never dropped).
Only 5% of book weight classified — the grid is NOT representative of the whole book.
Classified: 5.1% of book weight (4/10 names) · unclassified 94.9%: YMM, BABA, LU, PDD, JOYY, 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 | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | YMMFULL TRUCK ALLIANCE CO LTD | 11,050,000 | $92M | 44.5% | ADD 48% |
| 2 | BABAALIBABA GROUP HLDG LTD | 523,270 | $66M | 31.9% | ADD 277% |
| 3 | LULUFAX HOLDING LTD | 12,404,000 | $23M | 11.3% | ADD 53% |
| 4 | PDDPDD HOLDINGS INC | 94,336 | $10M | 4.7% | TRIM −69% |
| 5 | JOYYJOYY INC | 65,547 | $4M | 1.9% | TRIM −87% |
| 6 | METAMETA PLATFORMS INC | 6,420 | $4M | 1.8% | NEW |
| 7 | NVDANVIDIA CORPORATION | 20,500 | $4M | 1.7% | TRIM −88% |
| 8 | MUMICRON TECHNOLOGY INC | 7,700 | $3M | 1.3% | NEW |
| 9 | MOMOHELLO GROUP INC | 233,234 | $1M | 0.7% | NEW |
| 10 | LITELUMENTUM HLDGS INC | 950 | $667,622 | 0.3% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| YMMFULL TRUCK ALLIANCE CO LTD | — | — | 4.6M | 4.0M | 7.4M | 11.1M | $92M |
| BABAALIBABA GROUP HLDG LTD | 125K | — | — | — | 139K | 523K | $66M |
| LULUFAX HOLDING LTD | — | — | — | 4.2M | 8.1M | 12.4M | $23M |
| PDDPDD HOLDINGS INC | 400K | — | 900K | — | 306K | 94K | $10M |
| JOYYJOYY INC | — | 1.0M | 914K | 575K | 496K | 66K | $4M |
| METAMETA PLATFORMS INC | — | — | — | — | — | 6K | $4M |
| NVDANVIDIA CORPORATION | — | — | — | — | 165K | 21K | $4M |
| MUMICRON TECHNOLOGY INC | 325K | — | — | — | — | 8K | $3M |
| MOMOHELLO GROUP INC | 2.5M | 1.6M | — | — | — | 233K | $1M |
| LITELUMENTUM HLDGS INC | — | — | — | — | — | 950 | $667,622 |
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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