Greenwoods Asset Management Hong Kong Ltd. 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Greenwoods Asset Management Hong Kong Ltd. disclosed 30 US equity positions worth $4.4bn in its Q3 2025 13F filing. The largest position was META at 20.3% of the reported book, followed by NTES and NVDA. Against the Q2 2025 filing, it opened 9 new positions, added to 8 and reduced 6 among the top 30 holdings.
What did Greenwoods Asset Management Hong Kong Ltd. own in Q3 2025? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | META META PLATFORMS INC | Communication Services | 20.3% | $900.3m | 1,225,964 | 24% | added |
| 2 | NTES NETEASE INC | Communication Services | 11.0% | $488.2m | 3,212,200 | -8% | reduced |
| 3 | NVDA NVIDIA CORPORATION | Technology | 10.0% | $443.8m | 2,378,757 | 277% | added |
| 4 | PDD PDD HOLDINGS INC | Consumer Cyclical | 10.0% | $443.7m | 3,356,964 | 4% | added |
| 5 | GOOGL ALPHABET INC | Communication Services | 9.6% | $427.9m | 1,760,320 | 852% | added |
| 6 | YMM FULL TRUCK ALLIANCE CO LTD | Technology | 8.4% | $370.9m | 28,597,879 | -1% | reduced |
| 7 | FUTU FUTU HLDGS LTD | Financial Services | 3.9% | $173.3m | 996,348 | -35% | reduced |
| 8 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 3.4% | $150.7m | 843,409 | 81% | added |
| 9 | NBIS NEBIUS GROUP N.V. | Communication Services | 3.2% | $143.3m | 1,276,303 | 0% | held |
| 10 | QFIN QFIN HOLDINGS INC | Financial Services | 2.1% | $94.8m | 3,295,438 | 0% | held |
| 11 | ATAT ATOUR LIFESTYLE HLDGS LTD | Consumer Cyclical | 1.9% | $86.1m | 2,290,136 | 987% | added |
| 12 | SNPS SYNOPSYS INC | Technology | 1.8% | $81.6m | 165,459 | – | new |
| 13 | SE SEA LTD | Consumer Cyclical | 1.7% | $73.5m | 411,144 | 129% | added |
| 14 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 1.6% | $70.5m | 1,328,218 | 0% | held |
| 15 | BEKE KE HLDGS INC | Real Estate | 1.6% | $69.9m | 3,676,995 | -21% | reduced |
| 16 | INTC INTEL CORP | Technology | 1.4% | $63.6m | 1,896,037 | -7% | reduced |
| 17 | UNH UNITEDHEALTH GROUP INC | Healthcare | 1.3% | $57.8m | 167,432 | – | new |
| 18 | XBI SPDR SERIES TRUST | 1.3% | $55.6m | 555,015 | – | new | |
| 19 | AAPL APPLE INC | Technology | 1.2% | $54.3m | 213,104 | – | new |
| 20 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 0.8% | $36.7m | 131,264 | 0% | held |
| 21 | TAL TAL EDUCATION GROUP | Consumer Defensive | 0.7% | $29.1m | 2,597,180 | -3% | reduced |
| 22 | WRD WERIDE INC | Technology | 0.6% | $26.6m | 2,684,200 | – | new |
| 23 | MAKEMYTRIP LIMITED MAURITIUS | 0.5% | $24.0m | 256,900 | – | new | |
| 24 | UBER UBER TECHNOLOGIES INC | Technology | 0.5% | $24.0m | 244,670 | – | new |
| 25 | JKS JINKOSOLAR HLDG CO LTD | Technology | 0.4% | $18.8m | 780,933 | 0% | held |
| 26 | HTHT H WORLD GROUP LTD | Consumer Cyclical | 0.3% | $14.1m | 360,000 | 104% | added |
| 27 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 0.2% | $9.2m | 13,226 | – | new |
| 28 | SUPER HI INTL HLDG LTD | 0.1% | $5.0m | 268,341 | 0% | held | |
| 29 | RERE ATRENEW INC | 0.1% | $2.4m | 525,000 | 0% | held | |
| 30 | GOOG ALPHABET INC | Communication Services | 0.0% | $875.8k | 3,596 | – | 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.