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CIK: 0001701717
Total reported value
$2.4B
$2.4B
8 檔
103.2%
As reported in its official Q4 2025 Form 13F filing, First Beijing Investment Ltd's tracked investment portfolio stood at $2.4B with 8 total positions.
In Q4 2025, First Beijing Investment Ltd displayed an active expansion posture, initiating 1 new positions and adding to 5 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 | 32.42% | -1.72% | +11.61% | |
| 2 | PDD | Pdd Holdings Inc | Stock-Consumer Disc | 30.33% | -6.64% | +9.96% | |
| 3 | EDU | New Oriental Educatio-sp Adr | Stock-Consumer Staples | 21.93% | -5.56% | +8.13% | |
| 4 | ATAT | Atour Lifestyle Holdings-adr | Stock-Other | 9.03% | — | +2.51% | |
| 5 | RLX | Rlx Technology Inc-adr | Stock-Other | 5.78% | -1.06% | — | |
| 6 | KSPI | Jsc Kaspi.kz Adr | Stock-Other | 0.35% | +0.12% | — | |
| 7 | NOAH | Noah Holdings Ltd-spon Ads | Stock-Other | 0.16% | -0.04% | +123.88% | |
| 8 | API | Agora Inc-adr | Stock-Other | — | — | EXIT |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | EDU | New Oriental Educatio-sp Adr | +2.8% | +8.13% | Add |
| 2 | ATAT | Atour Lifestyle Holdings-adr | +0.8% | +2.51% | Add |
| 3 | NOAH | Noah Holdings Ltd-spon Ads | +0.1% | +123.88% | Add |
| 4 | API | Agora Inc-adr | — | — | Unchanged |
| 5 | RLX | Rlx Technology Inc-adr | -0.6% | — | Unchanged |
| 6 | PDD | Pdd Holdings Inc | -1.2% | +9.96% | Add |
| 7 | YMM | Full Truck Alliance -spn Adr | -2% | +11.61% | Add |
| 8 | KSPI | Jsc Kaspi.kz Adr | — | NEW | New buy |
| 9 | AXTI | Axt Inc | — | EXIT | Sold out |
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 Q4 2025.
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In terms of portfolio concentration, the top 5 core holdings (including YMM, PDD, EDU) accounted for 103.2% of total reported equity market value during Q4 2025.
Top New Position Initiated
KSPI
市值: $8.8M
Top Position Liquidated / Trimmed
AXTI
前期市值: $7.8M
During Q4 2025, First Beijing Investment Ltd's top holdings by market value included YMM (32.4%)、PDD (30.3%)、EDU (21.9%). The largest single position, YMM, represented 32.4% of total portfolio value.
In Q4 2025, First Beijing Investment Ltd made 7 total portfolio adjustments, initiating 1 new buys, adding to 5 positions, trimming 0 holdings, and fully liquidating 1 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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