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CIK: 0001470766
Total reported value
$1.2B
$1.2B
19 檔
139.0%
At the close of Q4 2025, HSG Holding Ltd disclosed equity holdings valued at approximately $1.2B, spread across 19 reported holdings.
In Q4 2025, HSG Holding Ltd adopted a defensive or profit-taking posture, trimming 3 positions and completely liquidating 2 holdings to manage risk exposure.
In terms of portfolio concentration, the top 5 core holdings (including PDD, BZ, FUTU) accounted for 139.0% of total reported equity market value during Q4 2025.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | PDD | Pdd Holdings Inc | Stock-Consumer Disc | 63.61% | +1.96% | — | |
| 2 | BZ | Kanzhun LTD - Adr | Stock-Other | 7.44% | +0.33% | — | |
| 3 | FUTU | Futu Holdings Ltd-adr | Stock-Financials | 6.34% | +1.77% | — | |
| 4 | ✓ | Stock-Other | 5.78% | — | — | ||
| 5 | BEKE | Ke Holdings Inc-adr | Stock-Other | 4.79% | -4.29% | — | |
| 6 | ✓ | Stock-Other | 2.92% | -3.41% | EXIT | ||
| 7 | BRNS | Barinthus Biotherapeutics Pl | Stock-Other | 2.23% | +0.01% | — | |
| 8 | DDL | Dingdong Cayman LTD -spn Adr | Stock-Other | 1.52% | — | -9.42% | |
| 9 | GPCR | Structure Therapeutics Inc | Stock-Other | 1.29% | +0.81% | — | |
| 10 | CRCL | Circle Internet Group Inc | Stock-Financials | 1.20% | +0.50% | — | |
| 11 | AVBP | Arrivent Biopharma Inc | Stock-Other | 0.88% | +1.06% | — | |
| 12 | COE | 51 Talk Online Education Gro | Stock-Other | 0.64% | +0.15% | -28.82% | |
| 13 | LOT | Lotus Technology Inc | Stock-Other | 0.39% | +0.08% | — | |
| 14 | ✓ | Stock-Other | 0.34% | -0.01% | — | ||
| 15 | ✓ | Bitdeer Technologies Group | Stock-Other | 0.22% | +0.21% | — | |
| 16 | LYEL | Lyell Immunopharma Inc | Stock-Other | 0.21% | +0.18% | — | |
| 17 | ADAG | Adagene Inc-adr | Stock-Other | 0.14% | +0.34% | — | |
| 18 | BNR | Burning Rock Biotech Ltd-adr | Stock-Other | 0.05% | +0.01% | — | |
| 19 | SLAI | Solai LTD | Stock-Other | 0.02% | +0.05% | — |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | BZ | Kanzhun LTD - Adr | +5.3% | — | Unchanged |
| 2 | BEKE | Ke Holdings Inc-adr | +2.9% | — | Unchanged |
| 3 | BRNS | Barinthus Biotherapeutics Pl | +2.1% | — | Unchanged |
| 4 | GPCR | Structure Therapeutics Inc | +1.1% | — | Unchanged |
| 5 | DDL | Dingdong Cayman LTD -spn Adr | +0.5% | -9.42% | Trim |
| 6 | LYEL | Lyell Immunopharma Inc | +0.2% | — | Unchanged |
| 7 | AVBP | Arrivent Biopharma Inc | +0.2% | — | Unchanged |
| 8 | BNR | Burning Rock Biotech Ltd-adr | 0% | — | Unchanged |
| 9 | ADAG | Adagene Inc-adr | 0% | — | Unchanged |
| 10 | SLAI | Solai LTD | 0% | — | Unchanged |
| 11 | ✓ | 0% | — | Unchanged | |
| 12 | LOT | Lotus Technology Inc | -0.1% | — | Unchanged |
| 13 | ✓ | Bitdeer Technologies Group | -0.1% | — | Unchanged |
| 14 | FUTU | Futu Holdings Ltd-adr | -0.2% | — | Unchanged |
| 15 | COE | 51 Talk Online Education Gro | -1.3% | -28.82% | Trim |
| 16 | ✓ | -2.6% | -26.17% | Trim | |
| 17 | PDD | Pdd Holdings Inc | -13.6% | — | Unchanged |
| 18 | ✓ | — | NEW | New buy | |
| 19 | CRCL | Circle Internet Group Inc | — | NEW | New buy |
| 20 | PONY | Pony Ai Inc | — | EXIT | Sold out |
| 21 | NOAH | Noah Holdings Ltd-spon Ads | — | EXIT | Sold out |
According to official SEC Form 13F filings, HSG Holding Ltd reported a total U.S. public equity portfolio value of $1.2B across 19 disclosed positions in Q4 2025.
During Q4 2025, HSG Holding Ltd's top holdings by market value included PDD (63.6%)、BZ (7.4%)、FUTU (6.3%). The largest single position, PDD, represented 63.6% of total portfolio value.
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Top New Position Initiated
市值: $109.3M
Top Position Liquidated / Trimmed
PONY
前期市值: $20.7M
In Q4 2025, HSG Holding Ltd made 7 total portfolio adjustments, initiating 2 new buys, adding to 0 positions, trimming 3 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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