CIK: 0001965546
Total reported value
$153.4M
Reporting period: 2026-03-31 · Number of holdings: 13
BRIGHT VALLEY CAPITAL Ltd disclosed 13 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $153.4M and a quarterly turnover rate of 92.6%.
Browse other institutions with $100M to $1B AUMBrowse other institutions starting with "B"
BRIGHT VALLEY CAPITAL Ltd's disclosed holdings carry a Herfindahl concentration index of 0.238 — mathematically equivalent to about 4 equally-sized positions, well below its 13 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 1.42), 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.
Add VIPS
+499.8% $22.7M
Add PDD
+51.5% $3.0M
Trim EDU
-66.6% -$19.0M
Add JOYY
-8.5% -$3.8M
Add INTC
-48.1% -$39.4M
Trim YMM
-93.2% -$7.7M
Showing top 12 holdings (of 13 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | INTC | Intel CORP | Stock-Tech | 42.02% | +3.41% | -48.12% | |
| 2 | VIPS | Vipshop Holdings LTD - Adr | Stock-Consumer Disc | 18.18% | +16.24% | +499.85% | |
| 3 | JOYY | Joyy Inc-adr | Stock-Other | 11.79% | +3.64% | -8.53% | |
| 4 | PDD | Pdd Holdings INC | Stock-Consumer Disc | 7.33% | +4.27% | +51.52% | |
| 5 | EDU | New Oriental Educatio-sp Adr | Stock-Consumer Staples | 6.49% | -4.26% | -66.58% | |
| 6 | GLD | Spdr Gold Shares | ETF-Commodities | 4.49% | +4.49% | NEW | |
| 7 | DOYU | Douyu International Hold-adr | Stock-Other | 4.37% | +1.57% | +20.48% | |
| 8 | STAA | Staar Surgical Co | Stock-Other | 3.31% | +3.31% | NEW | |
| 9 | LITE | Lumentum Holdings INC | Stock-Tech | 1.05% | +1.05% | NEW | |
| 10 | DDL | Dingdong Cayman LTD -spn Adr | Stock-Other | 0.45% | +0.45% | NEW | |
| 11 | YMM | Full Truck Alliance -spn Adr | Stock-Other | 0.28% | -2.73% | -93.24% | |
| 12 | LX | Lexinfintech Holdings L-adr | Stock-Other | 0.26% | -0.22% | -53.97% |
Performance for Q3 2026
+0.2%
Performance Last 4 Quarters
+89.7%
Based on 74% of reported portfolio value with available pricing
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 13 | $153.4M | 93 | |
| 2025-12-31 | 15 | $269.2M | 100 | |
| 2025-09-30 | 13 | $168.9M | 100 | |
| 2025-06-30 | 11 | $141.5M | 0 | |
| 2025-03-31 | 18 | $297.3M | 0 | |
| 2024-12-31 | 10 | $234.4M | 0 | |
| 2024-09-30 | 8 | $127.8M | 0 | |
| 2024-06-30 | 11 | $88.7M | 0 | |
| 2024-03-31 | 10 | $67.5M | 0 | |
| 2023-12-31 | 9 | $125.8M | 0 |
BRIGHT VALLEY CAPITAL Ltd's most significant position changes for 2026-03-31: Sold out: Nvidia CORP (NVDA); Sold out: H World Group Ltd-adr (HTHT); Sold out: Atour Lifestyle Holdings-adr (ATAT); New buy: Spdr Gold Shares (GLD); New buy: Staar Surgical Co (STAA).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | VIPS | Vipshop Holdings LTD - Adr | +16.2% | +499.85% | Add |
| 2 | PDD | Pdd Holdings INC | +4.3% | +51.52% | Add |
| 3 | JOYY | Joyy Inc-adr | +3.6% | -8.53% | Trim |
| 4 | INTC | Intel CORP | +3.4% | -48.12% | Trim |
| 5 | DOYU | Douyu International Hold-adr | +1.6% | +20.48% | Add |
| 6 | LX | Lexinfintech Holdings L-adr | -0.2% | -53.97% | Trim |
| 7 | YMM | Full Truck Alliance -spn Adr | -2.7% | -93.24% | Trim |
| 8 | EDU | New Oriental Educatio-sp Adr | -4.3% | -66.58% | Trim |
| 9 | NVDA | Nvidia CORP | — | EXIT | Sold out |
| 10 | HTHT | H World Group Ltd-adr | — | EXIT | Sold out |
| 11 | ATAT | Atour Lifestyle Holdings-adr | — | EXIT | Sold out |
| 12 | GLD | Spdr Gold Shares | — | NEW | New buy |
| 13 | STAA | Staar Surgical Co | — | NEW | New buy |
| 14 | QFIN | Qfin Holdings Inc-adr | — | EXIT | Sold out |
| 15 | FUTU | Futu Holdings Ltd-adr | — | EXIT | Sold out |
| 16 | LITE | Lumentum Holdings INC | — | NEW | New buy |
| 17 | DDL | Dingdong Cayman LTD -spn Adr | — | NEW | New buy |
| 18 | MOMO | Hello Group INC -spn Adr | — | EXIT | Sold out |
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-13 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-12 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-13 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-13 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-13 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-14 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-13 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-26 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-16 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-14 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0001846544
Total reported value
$153.4M
22 stks
2026-03-31
AUM within 0.0% of this institution
CIK 0001913599
Total reported value
$153.4M
218 stks
2022-09-30
Stale — no recent filing
AUM within 0.0% of this institution
CIK 0000936936
Total reported value
$153.4M
60 stks
2026-03-31
AUM within 0.0% of this institution
Institutions with overlapping top holdings
CIK 0001632958
Total reported value
$946.4M
12 stks
2026-03-31
2 of the top 5 holdings overlap, including New Oriental Educatio-sp Adr
CIK 0001701717
Total reported value
$2.3B
12 stks
2026-03-31
2 of the top 5 holdings overlap, including Pdd Holdings INC
CIK 0001710785
Total reported value
$108.1M
5 stks
2026-03-31
2 of the top 5 holdings overlap, including Pdd Holdings INC