Q4 2025 Holdings
Filed 2026-02-17 | 8 holdings | $2.5B | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Full Truck Alliance Co LTD(YMM) | SPONSORED ADS | 35969L108 | $822.1M | 76,616,568 | 32.4% |
| PDD Holdings Inc(PDD) | AMERICAN DEP | 722304102 | $769.1M | 6,782,955 | 30.3% |
| New Oriental ED & Technology(N1UA) | SPON ADR | 647581206 | $556.1M | 10,105,965 | 21.9% |
| Atour Lifestyle Holdings LTD(ATAT) | SPONSORED ADS | 04965M106 | $229.0M | 5,811,104 | 9.0% |
| RLX Technology Inc(RLX) | SPONSORED ADS | 74969N103 | $146.5M | 62,864,424 | 5.8% |
| Kaspi KZ JSC(KSPI) | SPONSORED ADS | 48581R205 | $8.8M | 112,388 | 0.3% |
| Noah Hldgs LTD(NOAH) | SPON ADS | 65487X102 | $3.9M | 392,527 | 0.2% |
| Agora Inc(API) | ADS | 00851L103 | $40.3K | 9,900 | 0.0% |