Institutional Manager · CIK 0001965546
BRIGHT VALLEY CAPITAL Ltd
HONG KONG, K3 · File #028-23933
Latest AUM
$269.2M
Positions
15
Top-10 Concentration
95.1%
Filings
8
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
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 | INTEL CORP | INTC | +2,333,000 | +$86.1M | +$643,200 |
| NEW | NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC | 647581206 | +525,961 | +$28.9M | $0 |
| EXITED | NVIDIA CORP | 67066G954 | -153,000 | -$28.5M | $0 |
| NEW | NVIDIA CORP | NVDA | +153,000 | +$28.5M | $0 |
| REDUCE | FULL TRUCK ALLIANCE CO LTD | YMM | -1,816,124 | -$19.5M | -$5.8M |
| ADD | ATOUR LIFESTYLE HOLDINGS LTD | ATAT | +405,500 | +$16.0M | +$347,520 |
| EXITED | BAIDU INC | 056752108 | -105,000 | -$13.8M | $0 |
| REDUCE | H WORLD GROUP LTD | HWLDF | -257,000 | -$12.1M | +$6.3M |
| REDUCE | LEXINFINTECH HOLDINGS LTD | LX | -3,183,692 | -$10.4M | -$7.4M |
| NEW | PDD HOLDINGS INC | PDD | +72,600 | +$8.2M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202515 pos · $269.2M
- 13F HOLDINGS REPORTQ/E Sep 202513 pos · $168.9M
- 13F HOLDINGS REPORTQ/E Jun 202511 pos · $141.5M
- 13F HOLDINGS REPORTQ/E Mar 202518 pos · $297.3M
- 13F HOLDINGS REPORTQ/E Dec 202410 pos · $234.4M
- 13F HOLDINGS REPORTQ/E Sep 20249 pos · $127.8M
- 13F HOLDINGS REPORTQ/E Jun 202412 pos · $88.7M
- 13F HOLDINGS REPORTQ/E Mar 202410 pos · $67.5M
Top 15 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | INTEL CORP | INTC | 2,525,000 | $93.2M | 34.62% |
| 2 | NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC | 647581206 | 525,961 | $28.9M | 10.75% |
| 3 | NVIDIA CORP | NVDA | 153,000 | $28.5M | 10.60% |
| 4 | H WORLD GROUP LTD | HWLDF | 536,000 | $25.2M | 9.37% |
| 5 | ATOUR LIFESTYLE HOLDINGS LTD | ATAT | 597,500 | $23.5M | 8.75% |
| 6 | JOYY INC | JOYY | 338,700 | $21.9M | 8.15% |
| 7 | INTEL CORP | INTC | 291,000 | $10.7M | 3.99% |
| 8 | PDD HOLDINGS INC | PDD | 72,600 | $8.2M | 3.06% |
| 9 | FULL TRUCK ALLIANCE CO LTD | YMM | 755,876 | $8.1M | 3.01% |
| 10 | DOUYU INTERNATIONAL HOLDINGS LTD | 25985W204 | 1,107,389 | $7.5M | 2.80% |
| 11 | VIPSHOP HOLDINGS LTD | VIPS | 295,789 | $5.2M | 1.94% |
| 12 | QFIN HOLDINGS INC | QFNHF | 225,500 | $4.3M | 1.61% |
| 13 | FUTU HOLDINGS LTD | FUTU | 13,400 | $2.2M | 0.82% |
| 14 | LEXINFINTECH HOLDINGS LTD | LX | 394,698 | $1.3M | 0.48% |
| 15 | HELLO GROUP INC | MOMO | 20,600 | $134,930 | 0.05% |