MY.Alpha Management HK Advisors Ltd 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
MY.Alpha Management HK Advisors Ltd disclosed 18 US equity positions worth $201.0m in its Q1 2025 13F filing. The largest position was TAL at 18.0% of the reported book, followed by PDD and FUTU. Against the Q4 2024 filing, it opened 5 new positions, added to 5 and reduced 8 among the top 18 holdings.
What did MY.Alpha Management HK Advisors Ltd own in Q1 2025? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TAL TAL EDUCATION GROUP | Consumer Defensive | 18.0% | $36.1m | 2,734,175 | 80% | added |
| 2 | PDD PDD HOLDINGS INC | Consumer Cyclical | 11.0% | $22.2m | 187,300 | 7% | added |
| 3 | FUTU FUTU HLDGS LTD | Financial Services | 11.0% | $22.0m | 215,354 | -12% | reduced |
| 4 | USX1 UNITED STATES STL CORP NEW | 8.7% | $17.6m | 415,859 | -55% | reduced | |
| 5 | QFIN QIFU TECHNOLOGY INC | Financial Services | 6.3% | $12.8m | 284,119 | -39% | reduced |
| 6 | BEKE KE HOLDINGS INC | Real Estate | 6.2% | $12.4m | 618,622 | – | new |
| 7 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 5.5% | $11.0m | 66,300 | -36% | reduced |
| 8 | VNET VNET GROUP INC | Technology | 5.5% | $11.0m | 1,339,472 | -61% | reduced |
| 9 | LX LEXINFINTECH HOLDINGS INC | Financial Services | 4.7% | $9.5m | 941,179 | – | new |
| 10 | ZLAB ZAI LAB LTD | Healthcare | 4.3% | $8.6m | 239,146 | – | new |
| 11 | ZH ZHIHU INC | 3.6% | $7.2m | 1,693,544 | – | new | |
| 12 | NBIS NEBIUS GROUP N.V. | Communication Services | 3.2% | $6.5m | 309,254 | 69% | added |
| 13 | JD JD.COM INC | Consumer Cyclical | 2.8% | $5.7m | 138,300 | 1% | added |
| 14 | JOYY JOYY INC | Communication Services | 2.7% | $5.3m | 127,427 | -78% | reduced |
| 15 | API AGORA INC | Technology | 2.3% | $4.7m | 1,173,703 | 60% | added |
| 16 | TSLA TESLA INC | Consumer Cyclical | 1.9% | $3.8m | 14,708 | -29% | reduced |
| 17 | HSAI HESAI GROUP | 1.7% | $3.5m | 233,247 | – | new | |
| 18 | RBOT VICARIOUS SURGICAL INC | 0.5% | $1.0m | 157,944 | -13% | 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.