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CIK: 0001701717
Total reported value
$2.4B
$2.4B
8 檔
105.6%
At the close of Q3 2025, First Beijing Investment Ltd disclosed equity holdings valued at approximately $2.4B, spread across 8 reported holdings.
In Q3 2025, First Beijing Investment Ltd displayed an active expansion posture, initiating 2 new positions and adding to 6 existing holdings, outstripping position reductions.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | YMM | Full Truck Alliance -spn Adr | Stock-Other | 34.38% | -1.72% | +73.81% | |
| 2 | PDD | Pdd Holdings Inc | Stock-Consumer Disc | 31.48% | -6.64% | +10.59% | |
| 3 | EDU | New Oriental Educatio-sp Adr | Stock-Consumer Staples | 19.15% | -5.56% | +31.36% | |
| 4 | ATAT | Atour Lifestyle Holdings-adr | Stock-Other | 8.23% | — | -3.10% | |
| 5 | RLX | Rlx Technology Inc-adr | Stock-Other | 6.38% | -1.06% | — | |
| 6 | AXTI | Axt Inc | Stock-Other | 0.30% | — | — | |
| 7 | NOAH | Noah Holdings Ltd-spon Ads | Stock-Other | 0.08% | -0.04% | — | |
| 8 | API | Agora Inc-adr | Stock-Other | — | — | EXIT |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | YMM | Full Truck Alliance -spn Adr | +8.3% | +73.81% | Add |
| 2 | EDU | New Oriental Educatio-sp Adr | +1.2% | +31.36% | Add |
| 3 | RLX | Rlx Technology Inc-adr | +1.1% | — | Add |
| 4 | PDD | Pdd Holdings Inc | +0.1% | +10.59% | Add |
| 5 | NOAH | Noah Holdings Ltd-spon Ads | 0% | — | Add |
| 6 | ATAT | Atour Lifestyle Holdings-adr | -1.6% | -3.10% | Add |
| 7 | SE | Sea Ltd-adr | — | EXIT | Sold out |
| 8 | LU | Lufax Holding Ltd-adr | — | EXIT | Sold out |
| 9 | AXTI | Axt Inc | — | NEW | New buy |
| 10 | API | Agora Inc-adr | — | NEW | New buy |
According to official SEC Form 13F filings, First Beijing Investment Ltd reported a total U.S. public equity portfolio value of $2.4B across 8 disclosed positions in Q3 2025.
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Learn how SEC Form 13F filings work, the $100M threshold, 45-day reporting lag, and how to track top hedge fund holdings.
In terms of portfolio concentration, the top 5 core holdings (including YMM, PDD, EDU) accounted for 105.6% of total reported equity market value during Q3 2025.
Top New Position Initiated
AXTI
市值: $7.8M
Top Position Liquidated / Trimmed
SE
前期市值: $125.0M
During Q3 2025, First Beijing Investment Ltd's top holdings by market value included YMM (34.4%)、PDD (31.5%)、EDU (19.1%). The largest single position, YMM, represented 34.4% of total portfolio value.
In Q3 2025, First Beijing Investment Ltd made 10 total portfolio adjustments, initiating 2 new buys, adding to 6 positions, trimming 0 holdings, and fully liquidating 2 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
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