Greenwoods Asset Management Hong Kong Ltd. 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Greenwoods Asset Management Hong Kong Ltd. disclosed 31 US equity positions worth $3.2bn in its Q1 2025 13F filing. The largest position was META at 17.3% of the reported book, followed by PDD and NTES. Against the Q4 2024 filing, it opened 3 new positions, added to 11 and reduced 12 among the top 31 holdings.
What did Greenwoods Asset Management Hong Kong Ltd. own in Q1 2025? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | META META PLATFORMS INC | Communication Services | 17.3% | $558.7m | 969,277 | 10% | added |
| 2 | PDD PDD HOLDINGS INC | Consumer Cyclical | 17.0% | $548.6m | 4,635,519 | 0% | held |
| 3 | NTES NETEASE INC | Communication Services | 11.4% | $367.9m | 3,575,098 | -2% | reduced |
| 4 | YMM FULL TRUCK ALLIANCE CO LTD | Technology | 10.3% | $332.0m | 25,995,141 | -0% | held |
| 5 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 8.1% | $261.4m | 1,574,557 | 26% | added |
| 6 | FUTU FUTU HLDGS LTD | Financial Services | 6.0% | $194.6m | 1,901,635 | 48% | added |
| 7 | AAPL APPLE INC | Technology | 5.4% | $173.8m | 782,255 | 5% | added |
| 8 | ZTO ZTO EXPRESS CAYMAN INC | Industrials | 4.0% | $130.1m | 6,557,350 | -1% | reduced |
| 9 | QFIN QIFU TECHNOLOGY INC | Financial Services | 3.7% | $120.8m | 2,688,992 | 0% | held |
| 10 | BEKE KE HLDGS INC | Real Estate | 3.0% | $95.9m | 4,771,806 | 777% | added |
| 11 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 2.5% | $79.5m | 601,142 | – | new |
| 12 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 2.1% | $66.7m | 1,396,039 | 14% | added |
| 13 | INTC INTEL CORP | Technology | 1.5% | $49.5m | 2,179,995 | – | new |
| 14 | DQ DAQO NEW ENERGY CORP | Technology | 1.5% | $48.4m | 2,672,161 | -2% | reduced |
| 15 | NBIS NEBIUS GROUP N.V. | Communication Services | 1.5% | $46.8m | 2,218,014 | -30% | reduced |
| 16 | TAL TAL EDUCATION GROUP | Consumer Defensive | 1.0% | $32.3m | 2,448,817 | -26% | reduced |
| 17 | TCOM TRIP COM GROUP LTD | Consumer Cyclical | 0.8% | $24.4m | 383,543 | 119% | added |
| 18 | JKS JINKOSOLAR HLDG CO LTD | Technology | 0.5% | $14.6m | 780,933 | 37% | added |
| 19 | SE SEA LTD | Consumer Cyclical | 0.4% | $11.8m | 90,734 | -57% | reduced |
| 20 | HSAI HESAI GROUP | 0.3% | $11.1m | 748,553 | – | new | |
| 21 | LLYVK LIBERTY MEDIA CORP DEL | 0.3% | $11.0m | 122,645 | -69% | reduced | |
| 22 | MSFT MICROSOFT CORP | Technology | 0.3% | $10.8m | 28,650 | -84% | reduced |
| 23 | CSIQ CANADIAN SOLAR INC | Technology | 0.3% | $9.7m | 1,115,861 | 60% | added |
| 24 | GOOGL ALPHABET INC | Communication Services | 0.2% | $7.1m | 45,990 | -91% | reduced |
| 25 | SUPER HI INTL HLDG LTD | 0.2% | $6.2m | 268,341 | -3% | reduced | |
| 26 | LEGN LEGEND BIOTECH CORP | Healthcare | 0.1% | $3.1m | 90,109 | 36% | added |
| 27 | REGN REGENERON PHARMACEUTICALS | Healthcare | 0.1% | $3.0m | 4,750 | 38% | added |
| 28 | ONC BEIGENE LTD | Healthcare | 0.1% | $2.5m | 9,329 | -70% | reduced |
| 29 | UNH UNITEDHEALTH GROUP INC | Healthcare | 0.1% | $2.3m | 4,338 | -69% | reduced |
| 30 | PFE PFIZER INC | Healthcare | 0.1% | $1.9m | 74,200 | 0% | held |
| 31 | RERE ATRENEW INC | 0.0% | $1.5m | 525,000 | 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.