E Fund Management (Hong Kong) Co., Ltd. — AI-Powered 13F Analysis

CIK: 0001777469

Diversified strategyMomentum followerSector-focused

Total reported value

$219.9M

Reporting period: 2026-03-31 · Number of holdings: 491

E Fund Management (Hong Kong) Co., Ltd. disclosed 491 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $219.9M and a quarterly turnover rate of 45.8%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "E"

Personality snowflake

Concentration: 18.75
Portfolio Stability: 45.81
Momentum/Contrarian: 100
Sector conviction: 71.57
Diversification: 100
Sizing Uniformity: 53.03

E Fund Management (Hong Kong) Co., Ltd.'s disclosed holdings carry a Herfindahl concentration index of 0.047 — mathematically equivalent to about 21 equally-sized positions, well below its 491 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 4.70), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Trim YUMC
-6.5%　-$51.3M
Add PDD
-4.6%　-$1.7M
Add NVDA
+10.7%　$440.5K
Add SPY
+3.9%　-$317.5K
Trim B
-44.3%　-$4.3M
Trim AEM
-43.2%　-$4.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 491 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	13.21%	—	+7.31%
2	PDD	Pdd Holdings INC	Stock-Consumer Disc	12.99%	+2.81%	-4.58%
3	NVDA	Nvidia CORP	Stock-Tech	5.15%	+1.49%	+10.73%
4	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	4.98%	+1.19%	+3.92%
5	AAPL	Apple INC	Stock-Tech	3.26%	-0.06%	-22.80%
6	YUMC	Yum China Holdings INC	Stock-Consumer Disc	3.10%	-16.44%	-6.50%
7	MSFT	Microsoft CORP	Stock-Tech	2.74%	+0.38%	-1.82%
8	AMZN	Amazon.com INC	Stock-Consumer Disc	2.08%	-0.04%	-15.44%
9	NEM	Newmont CORP	Stock-Materials	2.00%	-0.56%	-40.03%
10	AVGO	Broadcom INC	Stock-Tech	1.92%	—	+9.99%
11	HTHT	H World Group Ltd-adr	Stock-Other	1.79%	—	-2.37%
12	META	Meta Platforms Inc-class A	Stock-Comm Services	1.70%	+0.14%	-0.44%
13	AEM	Agnico Eagle Mines LTD	Stock-Materials	1.62%	-1.09%	-43.16%
14	GOOG	Alphabet Inc-cl C	Stock-Comm Services	1.60%	-0.01%	-11.87%
15	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	1.50%	+0.01%	-11.31%
16	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	1.25%	+0.44%	+14.33%
17	TSLA	Tesla INC	Stock-Consumer Disc	1.11%	-0.03%	-18.20%
18	MU	Micron Technology INC	Stock-Tech	1.09%	—	+47.58%
19	B	Barrick Mining CORP	Stock-Materials	1.09%	-1.14%	-44.25%
20	WMT	Walmart INC	Stock-Consumer Staples	0.99%	—	+9.89%
21	TME	Tencent Music Entertainm-adr	Stock-Comm Services	0.94%	-0.34%	-2.44%
22	BZ	Kanzhun LTD - Adr	Stock-Other	0.90%	-0.05%	-1.92%
23	VIPS	Vipshop Holdings LTD - Adr	Stock-Consumer Disc	0.87%	—	-2.44%
24	ZH	Zhihu INC - Adr	Stock-Other	0.86%	—	+28.15%
25	SOHU	Sohu.com Ltd-adr	Stock-Other	0.84%	—	-1.50%
26	TAL	Tal Education Group- Adr	Stock-Consumer Staples	0.84%	—	-3.00%
27	COST	Costco Wholesale CORP	Stock-Consumer Staples	0.83%	—	+2.29%
28	PLTR	Palantir Technologies Inc-a	Stock-Tech	0.82%	+0.34%	+27.39%
29	QQQM	Invesco Nasdaq 100 ETF	ETF-Tech	0.80%	+0.55%	+158.78%
30	AMD	Advanced Micro Devices	Stock-Tech	0.79%	—	+10.48%
31	AU	AngloGold Ashanti plc	Stock-Materials	0.79%	+0.79%	NEW
32	NFLX	Netflix INC	Stock-Comm Services	0.78%	—	+0.47%
33	GFI	Gold Fields Ltd-spons Adr	Stock-Materials	0.68%	+0.68%	NEW
34	KGC	Kinross Gold CORP	Stock-Materials	0.61%	-0.47%	-41.36%
35	DSX	Diana Shipping Inc.	Stock-Other	0.58%	—	-24.19%
36	CSCO	Cisco Systems INC	Stock-Tech	0.55%	—	-5.89%
37	LRCX	Lam Research CORP	Stock-Tech	0.55%	—	+39.28%
38	INTC	Intel CORP	Stock-Tech	0.53%	—	+6.06%
39	AMAT	Applied Materials INC	Stock-Tech	0.52%	—	+30.44%
40	GLW	Corning INC	Stock-Tech	0.42%	+0.36%	+343.45%
41	ASML	ASML Holding N.V.	Stock-Tech	0.40%	-0.12%	-38.60%
42	PAAS	Pan American Silver CORP	Stock-Materials	0.38%	-0.26%	-40.42%
43	LIN	Linde plc	Stock-Materials	0.37%	—	+5.61%
44	TMUS	T-mobile US INC	Stock-Comm Services	0.36%	—	+8.94%
45	PEP	Pepsico INC	Stock-Consumer Staples	0.34%	—	+13.61%
46	CDE	Coeur Mining INC	Stock-Materials	0.34%	—	+1.84%
47	ROST	Ross Stores INC	Stock-Consumer Disc	0.34%	—	+25.45%
48	LITE	Lumentum Holdings INC	Stock-Tech	0.33%	+0.28%	+172.11%
49	AMGN	Amgen INC	Stock-Healthcare	0.31%	—	+10.70%
50	KLAC	Kla CORP	Stock-Tech	0.31%	—	+8.94%

1–50 of 200

Portfolio Performance

Performance for Q3 2026

-3.6%

Performance Last 4 Quarters

-6.6%

Based on 72% of reported portfolio value with available pricing

Stdev: +31.2%
Beta: +0.76
Alpha: -9.6%
Max Drawdown: -23.9%
Annualized Perf: 0%
Batting Avg vs S&P: +36.1%
Sortino: +0.26
Stutzer: +0.04
Treynor: +0.06
Sterling: 0
Calmar: 0
Information Ratio: -0.47
Tracking Error: +29.7%
Stdev Down: +17.5%
Winning Months %: +44.4%
Losing Months %: +55.6%
Best 12 Months: +32.6%
Worst 12 Months: -15.5%
Efficiency Ratio: 0
Sharpe: +0.14
Stdev Sectors: +11.6%
Skewness: +1.28
Kurtosis: +2.84
Upside Potential: +2.31

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	491	$219.9M	46	1IVV 2PDD 3NVDA Top holdings2026-03-31 1.IVV 2.PDD 3.NVDA 4.SPY 5.AAPL 6.YUMC 7.MSFT 8.AMZN 9.NEM 10.AVGO
2025-12-31	397	$297.5M	73	1YUMC 2PDD 3IVV Top holdings2025-12-31 1.YUMC 2.PDD 3.IVV 4.SPY 5.NVDA 6.AAPL 7.AEM 8.NEM 9.MSFT 10.B
2025-09-30	358	$164.3M	65	1PDD 2IVV 3SPY Top holdings2025-09-30 1.PDD 2.IVV 3.SPY 4.NVDA 5.YUMC 6.MSFT 7.AAPL 8.TME 9.AMZN 10.BZ
2025-06-30	147	$104.0M	0	1PDD 2IVV 3SPY Top holdings2025-06-30 1.PDD 2.IVV 3.SPY 4.YUMC 5.TME 6.HTHT 7.BZ 8.VIPS 9.QFIN 10.TAL
2025-03-31	158	$111.6M	100	1PDD 2IVV 3SPY Top holdings2025-03-31 1.PDD 2.IVV 3.SPY 4.YUMC 5.BEKE 6.TME 7.HTHT 8.TAL 9.QFIN 10.VIPS
2024-12-31	163	$125.4M	0	1PDD 2IVV 3YUMC Top holdings2024-12-31 1.PDD 2.IVV 3.YUMC 4.SPY 5.BEKE 6.TME 7.TLT 8.HTHT 9.VIPS 10.QFIN
2024-09-30	163	$167.8M	0	1PDD 2IVV 3YUMC Top holdings2024-09-30 1.PDD 2.IVV 3.YUMC 4.BEKE 5.SPY 6.TME 7.HTHT 8.TLT 9.VIPS 10.TAL
2024-06-30	145	$163.2M	0	1PDD 2IVV 3YUMC Top holdings2024-06-30 1.PDD 2.IVV 3.YUMC 4.SPY 5.TME 6.BEKE 7.ZTO 8.HTHT 9.NIO 10.VIPS
2024-03-31	75	$152.7M	0	1PDD 2YUMC 3IVV Top holdings2024-03-31 1.PDD 2.YUMC 3.IVV 4.BEKE 5.ZTO 6.TME 7.SPY 8.HTHT 9.VIPS 10.NIO
2023-12-31	65	$186.8M	0	1PDD 2YUMC 3NIO Top holdings2023-12-31 1.PDD 2.YUMC 3.NIO 4.BEKE 5.ZTO 6.TME 7.HTHT 8.IVV 9.TAL 10.VIPS
2023-09-30	50	$158.9M	0	1PDD 2YUMC 3NIO Top holdings2023-09-30 1.PDD 2.YUMC 3.NIO 4.ZTO 5.BEKE 6.HTHT 7.VIPS 8.TME 9.TAL 10.LEGN
2023-06-30	33	$134.3M	0	1PDD 2YUMC 3NIO Top holdings2023-06-30 1.PDD 2.YUMC 3.NIO 4.ZTO 5.BEKE 6.HTHT 7.VIPS 8.TME 9.LEGN 10.BZ
2023-03-31	29	$179.2M	0	1PDD 2YUMC 3TCOM Top holdings2023-03-31 1.PDD 2.YUMC 3.TCOM 4.NIO 5.BEKE 6.ZTO 7.HTHT 8.VIPS 9.TME 10.BZ
2022-12-31	23	$117.6M	0	1PDD 2YUMC 3TCOM Top holdings2022-12-31 1.PDD 2.YUMC 3.TCOM 4.NIO 5.ZTO 6.BEKE 7.HTHT 8.TME 9.VIPS 10.YMM
2022-09-30	31	$125.9M	0	1PDD 2NIO 3YUMC Top holdings2022-09-30 1.PDD 2.NIO 3.YUMC 4.BEKE 5.TCOM 6.LI 7.ZTO 8.HTHT 9.ONC 10.XPEV
2022-06-30	31	$145.0M	0	1NIO 2PDD 3LI Top holdings2022-06-30 1.NIO 2.PDD 3.LI 4.YUMC 5.TCOM 6.XPEV 7.ZTO 8.DIDIY 9.ONC 10.HTHT
2022-03-31	40	$157.5M	0	1DIDIY 2BIDU 3NIO Top holdings2022-03-31 1.DIDIY 2.BIDU 3.NIO 4.PDD 5.YUMC 6.LI 7.ZTO 8.TCOM 9.XPEV 10.SPY
2021-12-31	40	$179.7M	0	1DIDIY 2NIO 3BIDU Top holdings2021-12-31 1.DIDIY 2.NIO 3.BIDU 4.SPY 5.QQQ 6.PDD 7.YUMC 8.XPEV 9.LI 10.ONC
2021-06-30	45	$160.6M	100	1JD 2NIO 3PDD Top holdings2021-06-30 1.JD 2.NIO 3.PDD 4.BIDU 5.NTES 6.BILI 7.YUMC 8.TCOM 9.HTHT 10.BEKE
2021-03-31	46	$310.4M	21	1BABA 2PDD 3BIDU Top holdings2021-03-31 1.BABA 2.PDD 3.BIDU 4.JD 5.YUMC 6.NIO 7.NTES 8.TAL 9.BILI 10.EDU
2020-12-31	49	$290.0M	39	1BABA 2PDD 3JD Top holdings2020-12-31 1.BABA 2.PDD 3.JD 4.NIO 5.BIDU 6.TAL 7.NTES 8.EDU 9.YUMC 10.BILI
2020-09-30	35	$261.3M	60	1BABA 2JD 3TAL Top holdings2020-09-30 1.BABA 2.JD 3.TAL 4.NTES 5.BIDU 6.EDU 7.NIO 8.YUMC 9.PDD 10.TCOM
2020-06-30	40	$205.1M	41	1BABA 2BILI 3MSFT Top holdings2020-06-30 1.BABA 2.BILI 3.MSFT 4.JD 5.TAL 6.AMZN 7.NTES 8.BIDU 9.VNET 10.PDD
2020-03-31	38	$176.2M	—	1BABA 2MSFT 3TAL Top holdings2020-03-31 1.BABA 2.MSFT 3.TAL 4.NOW 5.JD 6.AMZN 7.BIDU 8.CRM 9.GOOG 10.NTES

Holding changes this quarter

E Fund Management (Hong Kong) Co., Ltd.'s most significant position changes for 2026-03-31: New buy: AngloGold Ashanti plc (AU); New buy: Gold Fields Ltd-spons Adr (GFI); Sold out: Qfin Holdings Inc-adr (QFIN); Sold out: New Gold INC (NGDN); Sold out: Bloom Energy Corp- A (BE).

Position changes disclosed by E Fund Management (Hong Kong) Co., Ltd. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	PDD	Pdd Holdings INC	+2.8%	-4.58%	Trim
2	NVDA	Nvidia CORP	+1.5%	+10.73%	Add
3	SPY	Ss Spdr S&p 500 ETF Trust-us	+1.2%	+3.92%	Add
4	QQQM	Invesco Nasdaq 100 ETF	+0.6%	+158.78%	Add
5	TSM	Taiwan Semiconductor-sp Adr	+0.4%	+14.33%	Add
6	MSFT	Microsoft CORP	+0.4%	-1.82%	Trim
7	GLW	Corning INC	+0.4%	+343.45%	Add
8	PLTR	Palantir Technologies Inc-a	+0.3%	+27.39%	Add
9	LITE	Lumentum Holdings INC	+0.3%	+172.11%	Add
10	FANG	Diamondback Energy INC	+0.2%	+220.52%	Add
11	LYB	LyondellBasell Industries N.V.	+0.2%	+4911.40%	Add
12	PSX	Phillips 66	+0.2%	+75900.00%	Add
13	ARM	Arm Holdings Plc-adr	+0.2%	+37.11%	Add
14	VLO	Valero Energy CORP	+0.2%	+68200.00%	Add
15	EOG	Eog Resources INC	+0.2%	+55750.00%	Add
16	META	Meta Platforms Inc-class A	+0.1%	-0.44%	Trim
17	DUK	Duke Energy CORP	+0.1%	+5566.67%	Add
18	GOOGL	Alphabet Inc-cl A	0%	-11.31%	Trim
19	GOOG	Alphabet Inc-cl C	0%	-11.87%	Trim
20	TSLA	Tesla INC	0%	-18.20%	Trim
21	AMZN	Amazon.com INC	0%	-15.44%	Trim
22	BZ	Kanzhun LTD - Adr	-0.1%	-1.92%	Trim
23	AAPL	Apple INC	-0.1%	-22.80%	Trim
24	AG	First Majestic Silver CORP	-0.1%	-36.89%	Trim
25	HUYA	Huya Inc-adr	-0.1%	-93.11%	Trim
26	HTT	High Templar Tech Limited	-0.1%	-24.55%	Trim
27	EQX	Equinox Gold CORP	-0.1%	-37.01%	Trim
28	IAG	Iamgold CORP	-0.1%	-37.11%	Trim
29	EGO	Eldorado Gold CORP	-0.1%	-41.92%	Trim
30	ASML	ASML Holding N.V.	-0.1%	-38.60%	Trim
31	AGI	Alamos Gold Inc-class A	-0.1%	-40.71%	Trim
32	PAAS	Pan American Silver CORP	-0.3%	-40.42%	Trim
33	TME	Tencent Music Entertainm-adr	-0.3%	-2.44%	Trim
34	ATHM	Autohome Inc-adr	-0.4%	-77.27%	Trim
35	KGC	Kinross Gold CORP	-0.5%	-41.36%	Trim
36	NEM	Newmont CORP	-0.6%	-40.03%	Trim
37	ATO	Atmos Energy CORP	-1%	-99.89%	Trim
38	AEM	Agnico Eagle Mines LTD	-1.1%	-43.16%	Trim
39	B	Barrick Mining CORP	-1.1%	-44.25%	Trim
40	YUMC	Yum China Holdings INC	-16.4%	-6.50%	Trim
41	AU	AngloGold Ashanti plc	—	NEW	New buy
42	GFI	Gold Fields Ltd-spons Adr	—	NEW	New buy
43	QFIN	Qfin Holdings Inc-adr	—	EXIT	Sold out
44	NGDN	New Gold INC	—	EXIT	Sold out
45	BE	Bloom Energy Corp- A	—	EXIT	Sold out
46	TSEM	Tower Semiconductor Ltd.	—	NEW	New buy
47	SSRM	Ssr Mining INC	—	EXIT	Sold out
48	HMY	Harmony Gold Mng-spon Adr	—	NEW	New buy
49	CELH	Celsius Holdings INC	—	EXIT	Sold out
50	SBSW	Sibanye-stillwater Ltd-adr	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-08	13F-HR	View on EDGAR
2025-12-31	2026-02-05	13F-HR	View on EDGAR
2025-09-30	2025-10-23	13F-HR	View on EDGAR
2025-06-30	2025-07-24	13F-HR	View on EDGAR
2025-03-31	2025-04-23	13F-HR	View on EDGAR
2024-12-31	2025-01-22	13F-HR	View on EDGAR
2024-09-30	2024-10-28	13F-HR	View on EDGAR
2024-06-30	2024-07-12	13F-HR	View on EDGAR
2024-03-31	2024-04-24	13F-HR	View on EDGAR
2023-12-31	2024-01-05	13F-HR	View on EDGAR
2023-09-30	2023-10-12	13F-HR	View on EDGAR
2023-06-30	2023-07-18	13F-HR	View on EDGAR
2023-03-31	2023-04-21	13F-HR	View on EDGAR
2022-12-31	2023-02-01	13F-HR	View on EDGAR
2022-09-30	2022-10-24	13F-HR	View on EDGAR
2022-06-30	2022-07-13	13F-HR	View on EDGAR
2022-03-31	2022-05-17	Amendment	View on EDGAR
2022-03-31	2022-04-12	13F-HR	View on EDGAR
2021-12-31	2022-05-17	Amendment	View on EDGAR
2021-12-31	2022-02-07	13F-HR	View on EDGAR
2021-06-30	2021-07-27	13F-HR	View on EDGAR
2021-03-31	2021-04-13	13F-HR	View on EDGAR
2020-12-31	2021-01-05	13F-HR	View on EDGAR
2020-09-30	2020-10-09	13F-HR	View on EDGAR
2020-06-30	2020-07-06	13F-HR	View on EDGAR
2020-03-31	2020-05-13	13F-HR	View on EDGAR

FAQ

What is E Fund Management (Hong Kong) Co., Ltd. and what type of investor is it?

E Fund Management (Hong Kong) Co., Ltd. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $219.9M, spread across 491 disclosed positions.

What are E Fund Management (Hong Kong) Co., Ltd.'s largest equity positions?

Based on the latest 13F filing, E Fund Management (Hong Kong) Co., Ltd.'s top holdings by market value are: 1. Ishares Core S&p 500 ETF (IVV) — $29.0M (13.2%) 2. Pdd Holdings INC (PDD) — $28.6M (13.0%) 3. Nvidia CORP (NVDA) — $11.3M (5.2%) 4. Ss Spdr S&p 500 ETF Trust-us (SPY) — $10.9M (5.0%) 5. Apple INC (AAPL) — $7.2M (3.3%)

What changes did E Fund Management (Hong Kong) Co., Ltd. make in its most recent portfolio filing?

In the latest reported quarter, E Fund Management (Hong Kong) Co., Ltd. made 50 notable position adjustments: 5 new positions were initiated, 14 existing holdings were added to, 26 positions were partially reduced, and 5 were completely exited. The largest of these moves: New buy: AngloGold Ashanti plc (AU); New buy: Gold Fields Ltd-spons Adr (GFI); Sold out: Qfin Holdings Inc-adr (QFIN); Sold out: New Gold INC (NGDN); Sold out: Bloom Energy Corp- A (BE)

What sectors does E Fund Management (Hong Kong) Co., Ltd. focus on?

E Fund Management (Hong Kong) Co., Ltd. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 34.9% • Consumer Discretionary: 29.7% • Materials: 12.1% • Communication Services: 10.1% • Consumer Staples: 4.7% • Health Care: 2.8%

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E Fund Management (Hong Kong) Co., Ltd. — AI-Powered 13F Analysis

CIK: 0001777469

Diversified strategyMomentum followerSector-focused

Total reported value

$219.9M

Reporting period: 2026-03-31 · Number of holdings: 491

E Fund Management (Hong Kong) Co., Ltd. disclosed 491 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $219.9M and a quarterly turnover rate of 45.8%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "E"

Personality snowflake

Concentration: 18.75
Portfolio Stability: 45.81
Momentum/Contrarian: 100
Sector conviction: 71.57
Diversification: 100
Sizing Uniformity: 53.03

Position sizes vary widely across the portfolio (a coefficient of variation of 4.70), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Trim YUMC
-6.5%　-$51.3M
Add PDD
-4.6%　-$1.7M
Add NVDA
+10.7%　$440.5K
Add SPY
+3.9%　-$317.5K
Trim B
-44.3%　-$4.3M
Trim AEM
-43.2%　-$4.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 491 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	13.21%	—	+7.31%
2	PDD	Pdd Holdings INC	Stock-Consumer Disc	12.99%	+2.81%	-4.58%
3	NVDA	Nvidia CORP	Stock-Tech	5.15%	+1.49%	+10.73%
4	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	4.98%	+1.19%	+3.92%
5	AAPL	Apple INC	Stock-Tech	3.26%	-0.06%	-22.80%
6	YUMC	Yum China Holdings INC	Stock-Consumer Disc	3.10%	-16.44%	-6.50%
7	MSFT	Microsoft CORP	Stock-Tech	2.74%	+0.38%	-1.82%
8	AMZN	Amazon.com INC	Stock-Consumer Disc	2.08%	-0.04%	-15.44%
9	NEM	Newmont CORP	Stock-Materials	2.00%	-0.56%	-40.03%
10	AVGO	Broadcom INC	Stock-Tech	1.92%	—	+9.99%
11	HTHT	H World Group Ltd-adr	Stock-Other	1.79%	—	-2.37%
12	META	Meta Platforms Inc-class A	Stock-Comm Services	1.70%	+0.14%	-0.44%
13	AEM	Agnico Eagle Mines LTD	Stock-Materials	1.62%	-1.09%	-43.16%
14	GOOG	Alphabet Inc-cl C	Stock-Comm Services	1.60%	-0.01%	-11.87%
15	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	1.50%	+0.01%	-11.31%
16	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	1.25%	+0.44%	+14.33%
17	TSLA	Tesla INC	Stock-Consumer Disc	1.11%	-0.03%	-18.20%
18	MU	Micron Technology INC	Stock-Tech	1.09%	—	+47.58%
19	B	Barrick Mining CORP	Stock-Materials	1.09%	-1.14%	-44.25%
20	WMT	Walmart INC	Stock-Consumer Staples	0.99%	—	+9.89%
21	TME	Tencent Music Entertainm-adr	Stock-Comm Services	0.94%	-0.34%	-2.44%
22	BZ	Kanzhun LTD - Adr	Stock-Other	0.90%	-0.05%	-1.92%
23	VIPS	Vipshop Holdings LTD - Adr	Stock-Consumer Disc	0.87%	—	-2.44%
24	ZH	Zhihu INC - Adr	Stock-Other	0.86%	—	+28.15%
25	SOHU	Sohu.com Ltd-adr	Stock-Other	0.84%	—	-1.50%
26	TAL	Tal Education Group- Adr	Stock-Consumer Staples	0.84%	—	-3.00%
27	COST	Costco Wholesale CORP	Stock-Consumer Staples	0.83%	—	+2.29%
28	PLTR	Palantir Technologies Inc-a	Stock-Tech	0.82%	+0.34%	+27.39%
29	QQQM	Invesco Nasdaq 100 ETF	ETF-Tech	0.80%	+0.55%	+158.78%
30	AMD	Advanced Micro Devices	Stock-Tech	0.79%	—	+10.48%
31	AU	AngloGold Ashanti plc	Stock-Materials	0.79%	+0.79%	NEW
32	NFLX	Netflix INC	Stock-Comm Services	0.78%	—	+0.47%
33	GFI	Gold Fields Ltd-spons Adr	Stock-Materials	0.68%	+0.68%	NEW
34	KGC	Kinross Gold CORP	Stock-Materials	0.61%	-0.47%	-41.36%
35	DSX	Diana Shipping Inc.	Stock-Other	0.58%	—	-24.19%
36	CSCO	Cisco Systems INC	Stock-Tech	0.55%	—	-5.89%
37	LRCX	Lam Research CORP	Stock-Tech	0.55%	—	+39.28%
38	INTC	Intel CORP	Stock-Tech	0.53%	—	+6.06%
39	AMAT	Applied Materials INC	Stock-Tech	0.52%	—	+30.44%
40	GLW	Corning INC	Stock-Tech	0.42%	+0.36%	+343.45%
41	ASML	ASML Holding N.V.	Stock-Tech	0.40%	-0.12%	-38.60%
42	PAAS	Pan American Silver CORP	Stock-Materials	0.38%	-0.26%	-40.42%
43	LIN	Linde plc	Stock-Materials	0.37%	—	+5.61%
44	TMUS	T-mobile US INC	Stock-Comm Services	0.36%	—	+8.94%
45	PEP	Pepsico INC	Stock-Consumer Staples	0.34%	—	+13.61%
46	CDE	Coeur Mining INC	Stock-Materials	0.34%	—	+1.84%
47	ROST	Ross Stores INC	Stock-Consumer Disc	0.34%	—	+25.45%
48	LITE	Lumentum Holdings INC	Stock-Tech	0.33%	+0.28%	+172.11%
49	AMGN	Amgen INC	Stock-Healthcare	0.31%	—	+10.70%
50	KLAC	Kla CORP	Stock-Tech	0.31%	—	+8.94%

1–50 of 200

Portfolio Performance

Performance for Q3 2026

-3.6%

Performance Last 4 Quarters

-6.6%

Based on 72% of reported portfolio value with available pricing

Stdev: +31.2%
Beta: +0.76
Alpha: -9.6%
Max Drawdown: -23.9%
Annualized Perf: 0%
Batting Avg vs S&P: +36.1%
Sortino: +0.26
Stutzer: +0.04
Treynor: +0.06
Sterling: 0
Calmar: 0
Information Ratio: -0.47
Tracking Error: +29.7%
Stdev Down: +17.5%
Winning Months %: +44.4%
Losing Months %: +55.6%
Best 12 Months: +32.6%
Worst 12 Months: -15.5%
Efficiency Ratio: 0
Sharpe: +0.14
Stdev Sectors: +11.6%
Skewness: +1.28
Kurtosis: +2.84
Upside Potential: +2.31

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	491	$219.9M	46	1IVV 2PDD 3NVDA Top holdings2026-03-31 1.IVV 2.PDD 3.NVDA 4.SPY 5.AAPL 6.YUMC 7.MSFT 8.AMZN 9.NEM 10.AVGO
2025-12-31	397	$297.5M	73	1YUMC 2PDD 3IVV Top holdings2025-12-31 1.YUMC 2.PDD 3.IVV 4.SPY 5.NVDA 6.AAPL 7.AEM 8.NEM 9.MSFT 10.B
2025-09-30	358	$164.3M	65	1PDD 2IVV 3SPY Top holdings2025-09-30 1.PDD 2.IVV 3.SPY 4.NVDA 5.YUMC 6.MSFT 7.AAPL 8.TME 9.AMZN 10.BZ
2025-06-30	147	$104.0M	0	1PDD 2IVV 3SPY Top holdings2025-06-30 1.PDD 2.IVV 3.SPY 4.YUMC 5.TME 6.HTHT 7.BZ 8.VIPS 9.QFIN 10.TAL
2025-03-31	158	$111.6M	100	1PDD 2IVV 3SPY Top holdings2025-03-31 1.PDD 2.IVV 3.SPY 4.YUMC 5.BEKE 6.TME 7.HTHT 8.TAL 9.QFIN 10.VIPS
2024-12-31	163	$125.4M	0	1PDD 2IVV 3YUMC Top holdings2024-12-31 1.PDD 2.IVV 3.YUMC 4.SPY 5.BEKE 6.TME 7.TLT 8.HTHT 9.VIPS 10.QFIN
2024-09-30	163	$167.8M	0	1PDD 2IVV 3YUMC Top holdings2024-09-30 1.PDD 2.IVV 3.YUMC 4.BEKE 5.SPY 6.TME 7.HTHT 8.TLT 9.VIPS 10.TAL
2024-06-30	145	$163.2M	0	1PDD 2IVV 3YUMC Top holdings2024-06-30 1.PDD 2.IVV 3.YUMC 4.SPY 5.TME 6.BEKE 7.ZTO 8.HTHT 9.NIO 10.VIPS
2024-03-31	75	$152.7M	0	1PDD 2YUMC 3IVV Top holdings2024-03-31 1.PDD 2.YUMC 3.IVV 4.BEKE 5.ZTO 6.TME 7.SPY 8.HTHT 9.VIPS 10.NIO
2023-12-31	65	$186.8M	0	1PDD 2YUMC 3NIO Top holdings2023-12-31 1.PDD 2.YUMC 3.NIO 4.BEKE 5.ZTO 6.TME 7.HTHT 8.IVV 9.TAL 10.VIPS
2023-09-30	50	$158.9M	0	1PDD 2YUMC 3NIO Top holdings2023-09-30 1.PDD 2.YUMC 3.NIO 4.ZTO 5.BEKE 6.HTHT 7.VIPS 8.TME 9.TAL 10.LEGN
2023-06-30	33	$134.3M	0	1PDD 2YUMC 3NIO Top holdings2023-06-30 1.PDD 2.YUMC 3.NIO 4.ZTO 5.BEKE 6.HTHT 7.VIPS 8.TME 9.LEGN 10.BZ
2023-03-31	29	$179.2M	0	1PDD 2YUMC 3TCOM Top holdings2023-03-31 1.PDD 2.YUMC 3.TCOM 4.NIO 5.BEKE 6.ZTO 7.HTHT 8.VIPS 9.TME 10.BZ
2022-12-31	23	$117.6M	0	1PDD 2YUMC 3TCOM Top holdings2022-12-31 1.PDD 2.YUMC 3.TCOM 4.NIO 5.ZTO 6.BEKE 7.HTHT 8.TME 9.VIPS 10.YMM
2022-09-30	31	$125.9M	0	1PDD 2NIO 3YUMC Top holdings2022-09-30 1.PDD 2.NIO 3.YUMC 4.BEKE 5.TCOM 6.LI 7.ZTO 8.HTHT 9.ONC 10.XPEV
2022-06-30	31	$145.0M	0	1NIO 2PDD 3LI Top holdings2022-06-30 1.NIO 2.PDD 3.LI 4.YUMC 5.TCOM 6.XPEV 7.ZTO 8.DIDIY 9.ONC 10.HTHT
2022-03-31	40	$157.5M	0	1DIDIY 2BIDU 3NIO Top holdings2022-03-31 1.DIDIY 2.BIDU 3.NIO 4.PDD 5.YUMC 6.LI 7.ZTO 8.TCOM 9.XPEV 10.SPY
2021-12-31	40	$179.7M	0	1DIDIY 2NIO 3BIDU Top holdings2021-12-31 1.DIDIY 2.NIO 3.BIDU 4.SPY 5.QQQ 6.PDD 7.YUMC 8.XPEV 9.LI 10.ONC
2021-06-30	45	$160.6M	100	1JD 2NIO 3PDD Top holdings2021-06-30 1.JD 2.NIO 3.PDD 4.BIDU 5.NTES 6.BILI 7.YUMC 8.TCOM 9.HTHT 10.BEKE
2021-03-31	46	$310.4M	21	1BABA 2PDD 3BIDU Top holdings2021-03-31 1.BABA 2.PDD 3.BIDU 4.JD 5.YUMC 6.NIO 7.NTES 8.TAL 9.BILI 10.EDU
2020-12-31	49	$290.0M	39	1BABA 2PDD 3JD Top holdings2020-12-31 1.BABA 2.PDD 3.JD 4.NIO 5.BIDU 6.TAL 7.NTES 8.EDU 9.YUMC 10.BILI
2020-09-30	35	$261.3M	60	1BABA 2JD 3TAL Top holdings2020-09-30 1.BABA 2.JD 3.TAL 4.NTES 5.BIDU 6.EDU 7.NIO 8.YUMC 9.PDD 10.TCOM
2020-06-30	40	$205.1M	41	1BABA 2BILI 3MSFT Top holdings2020-06-30 1.BABA 2.BILI 3.MSFT 4.JD 5.TAL 6.AMZN 7.NTES 8.BIDU 9.VNET 10.PDD
2020-03-31	38	$176.2M	—	1BABA 2MSFT 3TAL Top holdings2020-03-31 1.BABA 2.MSFT 3.TAL 4.NOW 5.JD 6.AMZN 7.BIDU 8.CRM 9.GOOG 10.NTES

Holding changes this quarter

Position changes disclosed by E Fund Management (Hong Kong) Co., Ltd. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	PDD	Pdd Holdings INC	+2.8%	-4.58%	Trim
2	NVDA	Nvidia CORP	+1.5%	+10.73%	Add
3	SPY	Ss Spdr S&p 500 ETF Trust-us	+1.2%	+3.92%	Add
4	QQQM	Invesco Nasdaq 100 ETF	+0.6%	+158.78%	Add
5	TSM	Taiwan Semiconductor-sp Adr	+0.4%	+14.33%	Add
6	MSFT	Microsoft CORP	+0.4%	-1.82%	Trim
7	GLW	Corning INC	+0.4%	+343.45%	Add
8	PLTR	Palantir Technologies Inc-a	+0.3%	+27.39%	Add
9	LITE	Lumentum Holdings INC	+0.3%	+172.11%	Add
10	FANG	Diamondback Energy INC	+0.2%	+220.52%	Add
11	LYB	LyondellBasell Industries N.V.	+0.2%	+4911.40%	Add
12	PSX	Phillips 66	+0.2%	+75900.00%	Add
13	ARM	Arm Holdings Plc-adr	+0.2%	+37.11%	Add
14	VLO	Valero Energy CORP	+0.2%	+68200.00%	Add
15	EOG	Eog Resources INC	+0.2%	+55750.00%	Add
16	META	Meta Platforms Inc-class A	+0.1%	-0.44%	Trim
17	DUK	Duke Energy CORP	+0.1%	+5566.67%	Add
18	GOOGL	Alphabet Inc-cl A	0%	-11.31%	Trim
19	GOOG	Alphabet Inc-cl C	0%	-11.87%	Trim
20	TSLA	Tesla INC	0%	-18.20%	Trim
21	AMZN	Amazon.com INC	0%	-15.44%	Trim
22	BZ	Kanzhun LTD - Adr	-0.1%	-1.92%	Trim
23	AAPL	Apple INC	-0.1%	-22.80%	Trim
24	AG	First Majestic Silver CORP	-0.1%	-36.89%	Trim
25	HUYA	Huya Inc-adr	-0.1%	-93.11%	Trim
26	HTT	High Templar Tech Limited	-0.1%	-24.55%	Trim
27	EQX	Equinox Gold CORP	-0.1%	-37.01%	Trim
28	IAG	Iamgold CORP	-0.1%	-37.11%	Trim
29	EGO	Eldorado Gold CORP	-0.1%	-41.92%	Trim
30	ASML	ASML Holding N.V.	-0.1%	-38.60%	Trim
31	AGI	Alamos Gold Inc-class A	-0.1%	-40.71%	Trim
32	PAAS	Pan American Silver CORP	-0.3%	-40.42%	Trim
33	TME	Tencent Music Entertainm-adr	-0.3%	-2.44%	Trim
34	ATHM	Autohome Inc-adr	-0.4%	-77.27%	Trim
35	KGC	Kinross Gold CORP	-0.5%	-41.36%	Trim
36	NEM	Newmont CORP	-0.6%	-40.03%	Trim
37	ATO	Atmos Energy CORP	-1%	-99.89%	Trim
38	AEM	Agnico Eagle Mines LTD	-1.1%	-43.16%	Trim
39	B	Barrick Mining CORP	-1.1%	-44.25%	Trim
40	YUMC	Yum China Holdings INC	-16.4%	-6.50%	Trim
41	AU	AngloGold Ashanti plc	—	NEW	New buy
42	GFI	Gold Fields Ltd-spons Adr	—	NEW	New buy
43	QFIN	Qfin Holdings Inc-adr	—	EXIT	Sold out
44	NGDN	New Gold INC	—	EXIT	Sold out
45	BE	Bloom Energy Corp- A	—	EXIT	Sold out
46	TSEM	Tower Semiconductor Ltd.	—	NEW	New buy
47	SSRM	Ssr Mining INC	—	EXIT	Sold out
48	HMY	Harmony Gold Mng-spon Adr	—	NEW	New buy
49	CELH	Celsius Holdings INC	—	EXIT	Sold out
50	SBSW	Sibanye-stillwater Ltd-adr	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-08	13F-HR	View on EDGAR
2025-12-31	2026-02-05	13F-HR	View on EDGAR
2025-09-30	2025-10-23	13F-HR	View on EDGAR
2025-06-30	2025-07-24	13F-HR	View on EDGAR
2025-03-31	2025-04-23	13F-HR	View on EDGAR
2024-12-31	2025-01-22	13F-HR	View on EDGAR
2024-09-30	2024-10-28	13F-HR	View on EDGAR
2024-06-30	2024-07-12	13F-HR	View on EDGAR
2024-03-31	2024-04-24	13F-HR	View on EDGAR
2023-12-31	2024-01-05	13F-HR	View on EDGAR
2023-09-30	2023-10-12	13F-HR	View on EDGAR
2023-06-30	2023-07-18	13F-HR	View on EDGAR
2023-03-31	2023-04-21	13F-HR	View on EDGAR
2022-12-31	2023-02-01	13F-HR	View on EDGAR
2022-09-30	2022-10-24	13F-HR	View on EDGAR
2022-06-30	2022-07-13	13F-HR	View on EDGAR
2022-03-31	2022-05-17	Amendment	View on EDGAR
2022-03-31	2022-04-12	13F-HR	View on EDGAR
2021-12-31	2022-05-17	Amendment	View on EDGAR
2021-12-31	2022-02-07	13F-HR	View on EDGAR
2021-06-30	2021-07-27	13F-HR	View on EDGAR
2021-03-31	2021-04-13	13F-HR	View on EDGAR
2020-12-31	2021-01-05	13F-HR	View on EDGAR
2020-09-30	2020-10-09	13F-HR	View on EDGAR
2020-06-30	2020-07-06	13F-HR	View on EDGAR
2020-03-31	2020-05-13	13F-HR	View on EDGAR