Infini Capital Management Ltd 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Infini Capital Management Ltd disclosed 14 US equity positions worth $99.5m in its Q1 2025 13F filing. The largest position was VNET at 57.8% of the reported book, followed by NCNO and BIDU. Against the Q4 2024 filing, it opened 10 new positions, added to 0 and reduced 1 among the top 14 holdings.
What did Infini Capital Management Ltd own in Q1 2025? Top 14 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | VNET VNET Group Inc | Technology | 57.8% | $57.5m | 7,010,422 | 0% | held |
| 2 | NCNO nCino Inc | Technology | 11.2% | $11.1m | 403,921 | 0% | held |
| 3 | BIDU Baidu Inc | Communication Services | 7.6% | $7.5m | 81,736 | -55% | reduced |
| 4 | PLTK Playtika Holding Corp | Communication Services | 7.3% | $7.3m | 1,403,315 | 0% | held |
| 5 | ASX ASE Technology Holding Co Ltd | Technology | 4.0% | $4.0m | 451,109 | – | new |
| 6 | BEKE Ke Holdings Inc | Real Estate | 3.5% | $3.5m | 175,206 | – | new |
| 7 | Ecarx Holdings Inc. | 2.0% | $2.0m | 1,591,044 | – | new | |
| 8 | ZTO ZTO Express Cayman Inc | Industrials | 2.0% | $2.0m | 100,000 | – | new |
| 9 | LI Li Auto Inc | Consumer Cyclical | 1.9% | $1.9m | 74,000 | – | new |
| 10 | JD JD.Com Inc | Consumer Cyclical | 1.6% | $1.6m | 38,800 | – | new |
| 11 | GDS GDS Holdings Ltd | Technology | 0.9% | $851.1k | 33,600 | – | new |
| 12 | MNSO MINISO Group Holding Ltd | Consumer Cyclical | 0.3% | $289.4k | 15,650 | – | new |
| 13 | UMC United Microelectronics Corp | Technology | 0.1% | $91.6k | 12,816 | – | new |
| 14 | BABA Alibaba Group Holding Ltd | Consumer Cyclical | 0.0% | $3.3k | 25 | – | 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.