Tree Line Advisors (Hong Kong) Ltd. 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Tree Line Advisors (Hong Kong) Ltd. disclosed 6 US equity positions worth $547.5m in its Q3 2025 13F filing. The largest position was SE at 31.2% of the reported book, followed by NBIS and CPNG. Against the Q2 2025 filing, it opened 2 new positions, added to 0 and reduced 1 among the top 6 holdings.
What did Tree Line Advisors (Hong Kong) Ltd. own in Q3 2025? Top 6 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SE SEA LTD | Consumer Cyclical | 31.2% | $170.6m | 940,000 | -24% | reduced |
| 2 | NBIS NEBIUS GROUP N.V. | Communication Services | 21.5% | $117.9m | 1,070,000 | 0% | held |
| 3 | CPNG COUPANG INC | Consumer Cyclical | 19.8% | $108.3m | 3,300,000 | 0% | held |
| 4 | FUTU FUTU HLDGS LTD | Financial Services | 11.7% | $64.3m | 370,000 | – | new |
| 5 | AVGO BROADCOM INC | Technology | 9.6% | $52.5m | 160,000 | – | new |
| 6 | ATAT ATOUR LIFESTYLE HLDGS LTD | Consumer Cyclical | 6.2% | $34.0m | 900,000 | 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.