Alpine Investment Management Ltd 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Alpine Investment Management Ltd disclosed 5 US equity positions worth $209.0m in its Q2 2025 13F filing. The largest position was PDD at 45.1% of the reported book, followed by YMM and JOYY. Against the Q1 2025 filing, it opened 3 new positions, added to 0 and reduced 2 among the top 5 holdings.
What did Alpine Investment Management Ltd own in Q2 2025? Top 5 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | PDD PDD HOLDINGS INC | Consumer Cyclical | 45.1% | $94.2m | 900,000 | – | new |
| 2 | YMM FULL TRUCK ALLIANCE CO LTD | Technology | 26.0% | $54.3m | 4,598,038 | – | new |
| 3 | JOYY JOYY INC | Communication Services | 22.3% | $46.5m | 914,153 | -9% | reduced |
| 4 | ZGN ERMENEGILDO ZEGNA N V | Consumer Cyclical | 3.5% | $7.3m | 850,000 | -38% | reduced |
| 5 | DECK DECKERS OUTDOOR CORP | Consumer Cyclical | 3.2% | $6.7m | 65,000 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.