Greenwoods Asset Management Hong Kong Ltd. 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Greenwoods Asset Management Hong Kong Ltd. disclosed 28 US equity positions worth $2.9bn in its Q2 2025 13F filing. The largest position was META at 25.5% of the reported book, followed by NTES and YMM. Against the Q1 2025 filing, it opened 3 new positions, added to 7 and reduced 13 among the top 28 holdings.
What did Greenwoods Asset Management Hong Kong Ltd. own in Q2 2025? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | META META PLATFORMS INC | Communication Services | 25.5% | $731.7m | 991,342 | 2% | added |
| 2 | NTES NETEASE INC | Communication Services | 16.3% | $469.1m | 3,486,000 | -2% | reduced |
| 3 | YMM FULL TRUCK ALLIANCE CO LTD | Technology | 11.8% | $340.1m | 28,794,527 | 11% | added |
| 4 | PDD PDD HOLDINGS INC | Consumer Cyclical | 11.7% | $337.0m | 3,219,839 | -31% | reduced |
| 5 | FUTU FUTU HLDGS LTD | Financial Services | 6.6% | $189.3m | 1,531,389 | -19% | reduced |
| 6 | QFIN QIFU TECHNOLOGY INC | Financial Services | 5.0% | $142.9m | 3,295,438 | 23% | added |
| 7 | NVDA NVIDIA CORPORATION | Technology | 3.5% | $99.6m | 630,440 | – | new |
| 8 | BEKE KE HLDGS INC | Real Estate | 2.9% | $82.3m | 4,640,706 | -3% | reduced |
| 9 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 2.5% | $71.7m | 1,328,218 | -5% | reduced |
| 10 | NBIS NEBIUS GROUP N.V. | Communication Services | 2.5% | $70.6m | 1,276,303 | -42% | reduced |
| 11 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 1.8% | $52.7m | 465,000 | -23% | reduced |
| 12 | INTC INTEL CORP | Technology | 1.6% | $45.6m | 2,035,073 | -7% | reduced |
| 13 | DQ DAQO NEW ENERGY CORP | Technology | 1.4% | $40.5m | 2,672,161 | 0% | held |
| 14 | GOOGL ALPHABET INC | Communication Services | 1.1% | $32.6m | 184,942 | 302% | added |
| 15 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 1.0% | $29.7m | 131,264 | -92% | reduced |
| 16 | SE SEA LTD | Consumer Cyclical | 1.0% | $28.8m | 179,759 | 98% | added |
| 17 | TAL TAL EDUCATION GROUP | Consumer Defensive | 1.0% | $27.3m | 2,671,361 | 9% | added |
| 18 | TCOM TRIP COM GROUP LTD | Consumer Cyclical | 0.8% | $22.1m | 377,500 | -2% | reduced |
| 19 | JKS JINKOSOLAR HLDG CO LTD | Technology | 0.6% | $16.6m | 780,933 | 0% | held |
| 20 | MSFT MICROSOFT CORP | Technology | 0.5% | $14.3m | 28,650 | 0% | held |
| 21 | ATAT ATOUR LIFESTYLE HLDGS LTD | Consumer Cyclical | 0.2% | $6.8m | 210,700 | – | new |
| 22 | HTHT H WORLD GROUP LTD | Consumer Cyclical | 0.2% | $6.0m | 176,800 | – | new |
| 23 | SUPER HI INTL HLDG LTD | 0.2% | $5.2m | 268,341 | 0% | held | |
| 24 | ONC BEONE MEDICINES LTD | Healthcare | 0.1% | $3.8m | 15,502 | 66% | added |
| 25 | CSIQ CANADIAN SOLAR INC | Technology | 0.1% | $3.7m | 335,183 | -70% | reduced |
| 26 | RERE ATRENEW INC | 0.1% | $1.7m | 525,000 | 0% | held | |
| 27 | LLYVK LIBERTY MEDIA CORP DEL | 0.0% | $1.0m | 9,680 | -92% | reduced | |
| 28 | HSAI HESAI GROUP | 0.0% | $884.4k | 40,291 | -95% | reduced |
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.