Institutional Manager · CIK 0001803237
Pinpoint Asset Management Ltd
HONG KONG, K3 · File #028-19940
Latest AUM
$576.2M
Positions
88
Top-10 Concentration
76.9%
Filings
6
Portfolio Value Over Time
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
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 |
|---|---|---|---|---|---|
| REDUCE | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | -97,970 | -$253.2M | +$237.8M |
| EXITED | NEW ORIENTAL ED & TECHNOLOGY | 647581206 | -559,969 | -$43.0M | $0 |
| EXITED | TRIP COM GROUP LTD | 89677Q107 | -292,919 | -$33.2M | $0 |
| EXITED | NVIDIA CORPORATION | 67066G104 | -223,547 | -$31.1M | $0 |
| ADD | KE HLDGS INC | 482497104 | +1,461,306 | +$29.4M | +$461,741 |
| NEW | ALIBABA GROUP HLDG LTD | 01609W102 | +213,115 | +$28.2M | $0 |
| NEW | CANADIAN SOLAR INC | 136635AG4 | +20,000,000 | +$19.5M | $0 |
| ADD | FULL TRUCK ALLIANCE CO LTD | 35969L108 | +1,448,760 | +$18.5M | +$12.3M |
| ADD | PDD HOLDINGS INC | 722304102 | +137,027 | +$17.1M | +$11.1M |
| NEW | SPDR GOLD TR | 78463V107 | +51,590 | +$14.9M | $0 |
Filing History
- 13F HOLDINGS REPORTQ/E Mar 202588 pos · $576.2M
- 13F HOLDINGS REPORTQ/E Dec 202494 pos · $564.2M
- 13F HOLDINGS REPORTQ/E Sep 202490 pos · $466.0M
- 13F HOLDINGS REPORTQ/E Jun 2024105 pos · $709.7M
- 13F HOLDINGS REPORTQ/E Mar 2024106 pos · $623.0M
- 13F HOLDINGS REPORTQ/E Dec 202359 pos · $427.1M
Top 20 Holdings — Mar 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | FULL TRUCK ALLIANCE CO LTD | 35969L108 | 7,735,913 | $98.8M | 17.24% |
| 2 | PDD HOLDINGS INC | 722304102 | 610,585 | $76.1M | 13.28% |
| 3 | ISHARES BITCOIN TRUST ETF | 46438F101 | 1,483,578 | $69.4M | 12.12% |
| 4 | TESLA INC | 88160R101 | 183,110 | $47.5M | 8.28% |
| 5 | KE HLDGS INC | 482497104 | 2,055,195 | $41.3M | 7.21% |
| 6 | TAL EDUCATION GROUP | 874080104 | 2,491,129 | $32.9M | 5.74% |
| 7 | ALIBABA GROUP HLDG LTD | 01609W102 | 213,115 | $28.2M | 4.92% |
| 8 | CANADIAN SOLAR INC | 136635AG4 | 20,000,000 | $19.5M | 3.41% |
| 9 | SPDR GOLD TR | 78463V107 | 51,590 | $14.9M | 2.59% |
| 10 | ZTO EXPRESS CAYMAN INC | 98980AAB1 | 11,830,000 | $11.9M | 2.08% |
| 11 | ICICI BANK LIMITED | 45104G104 | 357,350 | $11.3M | 1.97% |
| 12 | HDFC BANK LTD | 40415F101 | 168,667 | $11.2M | 1.96% |
| 13 | H WORLD GROUP LTD | 44332NAB2 | 10,000,000 | $11.2M | 1.95% |
| 14 | PDD HOLDINGS INC | 722304AC6 | 9,500,000 | $9.5M | 1.65% |
| 15 | WEIBO CORP | 948596AJ0 | 8,400,000 | $9.2M | 1.61% |
| 16 | VNET GROUP INC | 90138A103 | 724,348 | $5.9M | 1.04% |
| 17 | LUMENTUM HLDGS INC | 55024UAF6 | 5,750,000 | $5.3M | 0.92% |
| 18 | DR REDDYS LABS LTD | 256135203 | 380,625 | $5.0M | 0.88% |
| 19 | DOCUSIGN INC | 256163106 | 56,985 | $4.6M | 0.81% |
| 20 | COINBASE GLOBAL INC | 19260QAF4 | 5,000,000 | $4.6M | 0.81% |