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Brilliance Asset Management LTD: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1665751) · Explore on the interactive board

Brilliance Asset Management LTD disclosed 11 US equity positions worth $339.3m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 12, 2026). Its largest position is PDD at 35.1% of the reported book, followed by YMM, BZ. The top ten holdings are 98.9% of the book, and the portfolio behaves like about 4 equal-weight positions. Versus the prior filing it opened 2 new positions, added to 5, reduced 3 and exited 7. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$339.3mreported US equity book
11positions
35.1%largest position
98.9%top 10 weight
4.41effective positions (1/HHI)
2quarters on file since Q1 2026

What does Brilliance Asset Management LTD own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 2 new, 5 added, 3 reduced, 7 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 PDD PDD HOLDINGS INC Consumer Cyclical 35.1%$119.2m1,562,304 122% added
2 YMM FULL TRUCK ALLIANCE CO LTD Technology 24.2%$82.2m10,127,735 55% added
3 BZ KANZHUN LIMITED Communication Services 19.0%$64.5m5,007,947 1% added
4 META META PLATFORMS INC Communication Services 6.8%$23.2m41,137 new
5 TXN TEXAS INSTRS INC Technology 3.7%$12.7m34,511 -25% reduced
6 AMZN AMAZON COM INC Consumer Cyclical 2.9%$9.7m40,877 -38% reduced
7 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 2.5%$8.5m17,771 122% added
8 LX LEXINFINTECH HLDGS LTD Financial Services 2.2%$7.5m3,800,265 0% held
9 NVDA NVIDIA CORPORATION Technology 1.2%$4.1m18,206 -52% reduced
10 KSPI KASPI KZ JSC Technology 1.2%$4.1m46,855 new
11 TCOM TRIP COM GROUP LTD Consumer Cyclical 1.1%$3.8m95,211 6% added

What did Brilliance Asset Management LTD sell? Positions exited since the previous filing

StockPrior weightPrior value
ONTO ONTO INNOVATION INC39.1%$39.8m
AS AMER SPORTS INC32.4%$32.9m
GOOG ALPHABET INC18.2%$18.5m
FUTU FUTU HLDGS LTD5.6%$5.7m
ZTO ZTO EXPRESS CAYMAN IN2.8%$2.8m
U UNITY SOFTWARE INC1.6%$1.6m
BABA ALIBABA GROUP HLDG LTD0.3%$345.5k

Sector mix

SectorWeight
Consumer Cyclical39.1%
Technology32.9%
Communication Services25.8%
Financial Services2.2%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202611$339.3m
Q1 202616$339.1m

How concentrated is Brilliance Asset Management LTD's portfolio?

Across every quarter Brilliance Asset Management LTD has filed, its median largest position is 28.2% of the book and its median top-ten weight is 96.8%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 7.0 completed holding spells, the median lasted 1.0 quarters; 11.0 positions are still open and their final length is unknown.