Brilliance Asset Management Ltd 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Brilliance Asset Management Ltd disclosed 6 US equity positions worth $254.8m in its Q4 2025 13F filing. The largest position was AS at 41.2% of the reported book, followed by PDD and ONTO. Against the Q3 2025 filing, it opened 2 new positions, added to 3 and reduced 1 among the top 6 holdings.
What did Brilliance Asset Management Ltd own in Q4 2025? Top 6 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | AS AMER SPORTS INC | Consumer Cyclical | 41.2% | $104.9m | 2,809,105 | 165% | added |
| 2 | PDD PDD HOLDINGS INC | Consumer Cyclical | 26.5% | $67.5m | 595,174 | – | new |
| 3 | ONTO ONTO INNOVATION INC | Technology | 15.5% | $39.4m | 249,447 | 14% | added |
| 4 | GOOG ALPHABET INC | Communication Services | 9.8% | $24.9m | 79,462 | -58% | reduced |
| 5 | LX LEXINFINTECH HLDGS LTD | Financial Services | 4.6% | $11.8m | 3,601,592 | 24% | added |
| 6 | TXN TEXAS INSTRS INC | Technology | 2.5% | $6.3m | 36,128 | – | 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.