Institutional Manager · CIK 0001522877

AIA Group Ltd

HONG KONG, K3 · File #028-18932

Latest AUM

$6.68B

Positions

363

Top-10 Concentration

67.1%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	INVESCO QQQ TR	IVZ	+946,473	+$581.4M	+$328,217
NEW	ISHARES TR	464287655	+662,310	+$163.0M	$0
REDUCE	ISHARES TR	464287200	-182,467	-$125.0M	+$34.1M
ADD	BROADCOM INC	AVGO	+273,592	+$94.7M	+$36,573
REDUCE	ISHARES TR	464287457	-1,025,313	-$84.9M	-$248,695
ADD	META PLATFORMS INC	META	+95,496	+$63.0M	-$11.0M
REDUCE	SPDR DOW JONES INDL AVERAGE	78467X109	-115,950	-$55.7M	+$2.0M
REDUCE	J P MORGAN EXCHANGE TRADED F	46641Q217	-818,900	-$54.0M	-$342,612
ADD	JOHNSON & JOHNSON	JNJ	+254,181	+$52.6M	+$2.4M
ADD	TAIWAN SEMICONDUCTOR MFG LTD	874039100	+170,247	+$51.7M	+$234,242

Sector Allocation

Technology

12.6%$840.8M

Financials

11.4%$765.6M

Healthcare

7.4%$495.6M

Consumer Discretionary

5.2%$346.5M

Communication Services

3.0%$203.3M

2.4%$157.6M

1.6%$108.7M

0.8%$55.4M

0.7%$44.4M

0.4%$27.3M

0.2%$10.9M

Filing History

Feb 9, 202613F HOLDINGS REPORTQ/E Dec 2025363 pos · $6.68B
Dec 18, 202513F HOLDINGS REPORTQ/E Dec 2025429 pos · $5.66B
Aug 6, 202513F HOLDINGS REPORTQ/E Jun 2025355 pos · $4.60B
May 12, 202513F HOLDINGS REPORTQ/E Mar 2025349 pos · $4.07B
Feb 12, 202513F HOLDINGS REPORTQ/E Dec 2024323 pos · $4.14B
Oct 31, 202413F HOLDINGS REPORTQ/E Sep 2024309 pos · $3.87B
Jul 31, 202413F HOLDINGS REPORTQ/E Jun 2024309 pos · $3.42B
May 6, 202413F HOLDINGS REPORTQ/E Mar 2024311 pos · $3.06B
Nov 1, 202313F HOLDINGS REPORTQ/E Dec 2023296 pos · $2.05B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287200	1,996,487	$1.37B	25.89%
2	INVESCO QQQ TR	IVZ	970,018	$595.9M	11.28%
3	2023 ETF SERIES TRUST II	90139K100	13,783,350	$530.1M	10.04%
4	MICROSOFT CORP	MSFT	411,347	$198.9M	3.77%
5	ISHARES TR	464287655	662,310	$163.0M	3.09%
6	ALPHABET INC	GOOG	518,105	$162.2M	3.07%
7	META PLATFORMS INC	META	244,129	$161.1M	3.05%
8	SPDR S&P 500 ETF TR	SPY	181,590	$123.8M	2.34%
9	ISHARES TR	464287200	180,265	$123.5M	2.34%
10	APPLE INC	AAPL	425,055	$115.6M	2.19%
11	BROADCOM INC	AVGO	275,851	$95.5M	1.81%
12	AMAZON COM INC	AMZN	411,876	$95.1M	1.80%
13	ISHARES TR	464287432	1,065,336	$92.9M	1.76%
14	NVIDIA CORPORATION	NVDA	483,228	$90.1M	1.71%
15	JOHNSON & JOHNSON	JNJ	367,037	$76.0M	1.44%
16	VISA INC	V	207,982	$72.9M	1.38%
17	SEA LTD	SE	538,230	$68.7M	1.30%
18	ISHARES TR	464287457	751,077	$62.2M	1.18%
19	ELI LILLY & CO	LLY	57,129	$61.4M	1.16%
20	ISHARES TR	464287440	630,345	$60.6M	1.15%