Triata Capital Ltd 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Triata Capital Ltd disclosed 15 US equity positions worth $825.1m in its Q4 2025 13F filing. The largest position was PDD at 35.1% of the reported book, followed by VNET and GDS. Against the Q3 2025 filing, it opened 0 new positions, added to 9 and reduced 2 among the top 15 holdings.
What did Triata Capital Ltd own in Q4 2025? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | PDD PDD HOLDINGS INC | Consumer Cyclical | 35.1% | $290.0m | 2,557,700 | 1% | added |
| 2 | VNET VNET GROUP INC | Technology | 12.8% | $105.7m | 12,498,810 | 5% | added |
| 3 | GDS GDS HLDGS LTD | Technology | 12.6% | $103.8m | 2,974,298 | 24% | added |
| 4 | ACMR ACM RESH INC | Technology | 9.2% | $76.1m | 1,929,919 | -4% | reduced |
| 5 | QFIN QFIN HOLDINGS INC | Financial Services | 7.3% | $60.2m | 3,125,331 | 188% | added |
| 6 | BEKE KE HLDGS INC | Real Estate | 3.8% | $31.8m | 2,015,307 | 0% | held |
| 7 | ATAT ATOUR LIFESTYLE HLDGS LTD | Consumer Cyclical | 3.2% | $26.2m | 665,269 | 0% | held |
| 8 | TCOM TRIP COM GROUP LTD | Consumer Cyclical | 3.0% | $24.7m | 343,893 | 28% | added |
| 9 | IQ IQIYI INC | Communication Services | 2.7% | $22.7m | 11,802,100 | 0% | held |
| 10 | EDU NEW ORIENTAL ED & TECHNOLOGY | Consumer Defensive | 2.6% | $21.8m | 396,786 | 8% | added |
| 11 | YMM FULL TRUCK ALLIANCE CO LTD | Technology | 2.6% | $21.5m | 2,004,719 | 99% | added |
| 12 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 2.0% | $16.4m | 111,700 | -31% | reduced |
| 13 | HTHT H WORLD GROUP LTD | Consumer Cyclical | 2.0% | $16.2m | 344,135 | 0% | held |
| 14 | LEGN LEGEND BIOTECH CORP | Healthcare | 0.7% | $5.5m | 252,600 | 56% | added |
| 15 | TUYA TUYA INC | 0.3% | $2.4m | 1,145,371 | 784% | added |
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.