Cederberg Capital Ltd 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Cederberg Capital Ltd disclosed 8 US equity positions worth $272.3m in its Q2 2025 13F filing. The largest position was NTES at 31.9% of the reported book, followed by PDD and EDU. Against the Q1 2025 filing, it opened 0 new positions, added to 1 and reduced 4 among the top 8 holdings.
What did Cederberg Capital Ltd own in Q2 2025? Top 8 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NTES NTES US EQUITY | Communication Services | 31.9% | $86.8m | 644,975 | 0% | held |
| 2 | PDD PDD US EQUITY | Consumer Cyclical | 19.7% | $53.6m | 512,000 | -3% | reduced |
| 3 | EDU EDU US EQUITY | Consumer Defensive | 18.4% | $50.1m | 928,518 | -2% | reduced |
| 4 | FUTU FUTU US EQUITY | Financial Services | 11.4% | $31.1m | 251,305 | -14% | reduced |
| 5 | HTHT HTHT US EQUITY | Consumer Cyclical | 8.7% | $23.7m | 698,200 | 9% | added |
| 6 | YMM YMM US EQUITY | Technology | 7.3% | $19.9m | 1,684,300 | -15% | reduced |
| 7 | NU NU US EQUITY | Financial Services | 1.8% | $4.8m | 350,600 | 0% | held |
| 8 | SE SE US EQUITY | Consumer Cyclical | 0.9% | $2.4m | 15,100 | 0% | held |
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.