Yunqi Capital Ltd 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Yunqi Capital Ltd disclosed 6 US equity positions worth $125.4m in its Q4 2025 13F filing. The largest position was STAA at 46.2% of the reported book, followed by LU and PDD. Against the Q3 2025 filing, it opened 2 new positions, added to 2 and reduced 0 among the top 6 holdings.
What did Yunqi Capital Ltd own in Q4 2025? Top 6 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | STAA STAAR SURGICAL CO | Healthcare | 46.2% | $57.9m | 2,507,130 | 0% | held |
| 2 | LU LUFAX HOLDING LTD | Financial Services | 22.4% | $28.0m | 10,950,138 | 0% | held |
| 3 | PDD PDD HOLDINGS INC | Consumer Cyclical | 16.7% | $21.0m | 185,100 | 28% | added |
| 4 | API AGORA INC | Technology | 6.5% | $8.2m | 2,005,300 | 33% | added |
| 5 | PONY PONY AI INC | Technology | 4.8% | $6.0m | 415,000 | – | new |
| 6 | XPEV XPENG INC | Consumer Cyclical | 3.4% | $4.3m | 212,600 | – | 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.