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HSG Holding 13F Portfolio

Portfolio Manager
Hsg Holding LTD
Performance
-20.63% (2026 Q2)
AUM (13F)
$1.20B
# of Holdings
20
Performance Rank
Allocation (Top 20)
99.96%
Latest filing
Q2 2026

Hsg Holding LTD Holdings Map

Top 19 Hsg Holding LTD Holdings

Top 10 holdings

StockCompany% Port.SharesValueActivityOwnershipAvg. CostDate
PDD
PDD HOLDINGS INC
72.31%11.35M$865.7M
+0.00%(+0)
2025-Q2: 13.60M shares2025-Q3: 11.35M shares2025-Q4: 11.35M shares2026-Q1: 11.35M shares2026-Q2: 11.35M shares
$116.16(-27.00%)
2026-06-30
FUTU
FUTU HLDGS LTD
5.8%740.4K$69.4M
+0.00%(+0)
2025-Q2: 1.06M shares2025-Q3: 740.4K shares2025-Q4: 740.4K shares2026-Q1: 740.4K shares2026-Q2: 740.4K shares
$102.29(+2.88%)
2026-06-30
PONY
PONY AI INC
4.38%7.54M$52.4M
+0.00%(+0)
2025-Q2: 5.92M shares2025-Q3: 1.08M shares2025-Q4: 0 shares2026-Q1: 7.54M shares2026-Q2: 7.54M shares
$11.84(-31.27%)
2026-06-30
CRCL
CIRCLE INTERNET GROUP INC
3.5%669.2K$41.9M
+0.00%(+0)
2025-Q2: 0 shares2025-Q3: 0 shares2025-Q4: 312.2K shares2026-Q1: 669.2K shares2026-Q2: 669.2K shares
$96.03(-25.44%)
2026-06-30
BEKE
KE HLDGS INC
2.35%1.94M$28.2M
+0.00%(+0)
2025-Q2: 1.94M shares2025-Q3: 1.94M shares2025-Q4: 1.94M shares2026-Q1: 1.94M shares2026-Q2: 1.94M shares
$36.43(-53.31%)
2026-06-30
GYRE
GYRE THERAPEUTICS INC
2.06%3.75M$24.7Mnew2025-Q2: 0 shares2025-Q3: 0 shares2025-Q4: 0 shares2026-Q1: 0 shares2026-Q2: 3.75M shares
$6.72(-2.61%)
2026-06-30
BZ
KANZHUN LIMITED
2.04%1.90M$24.5M
+0.00%(+0)
2025-Q2: 1.90M shares2025-Q3: 1.90M shares2025-Q4: 1.90M shares2026-Q1: 1.90M shares2026-Q2: 1.90M shares
$25.88(-40.06%)
2026-06-30
AVBP
ARRIVENT BIOPHARMA INC
1.92%663.3K$23.0M
+0.00%(+0)
2025-Q2: 663.3K shares2025-Q3: 663.3K shares2025-Q4: 663.3K shares2026-Q1: 663.3K shares2026-Q2: 663.3K shares
$15.77(+87.13%)
2026-06-30
DDL
DINGDONG CAYMAN LTD
1.63%10.09M$19.5M
+0.00%(+0)
2025-Q2: 11.14M shares2025-Q3: 11.14M shares2025-Q4: 10.09M shares2026-Q1: 10.09M shares2026-Q2: 10.09M shares
$9.86(-76.27%)
2026-06-30
GPCR
STRUCTURE THERAPEUTICS INC
1.19%266.1K$14.3M
+0.00%(+0)
2025-Q2: 266.1K shares2025-Q3: 266.1K shares2025-Q4: 266.1K shares2026-Q1: 266.1K shares2026-Q2: 266.1K shares
$45.99(+18.01%)
2026-06-30

About Hsg Holding LTD’s portfolio

Hsg Holding LTD reports $1.20B in US-listed equity holdings across 20 positions in its most recent 13F filing. Its largest disclosed positions are PDD (72.3%), FUTU (5.8%) and PONY (4.4%). The top 20 holdings account for 99.96% of reported assets. Its disclosed equity book has returned -21.90% on a three-year cumulative basis. Figures reflect the Q2 2026 filing.

Portfolio concentration

Portfolio concentration
PDD — 72.3% ($865.66M)FUTU — 5.8% ($69.40M)PONY — 4.4% ($52.39M)CRCL — 3.5% ($41.91M)BEKE — 2.4% ($28.17M)GYRE — 2.1% ($24.71M)BZ — 2.0% ($24.45M)AVBP — 1.9% ($23.04M)DDL — 1.6% ($19.48M)GPCR — 1.2% ($14.28M)Other — 2.8% ($33.45M)
97%in top 10
  • PDD72.3%
  • FUTU5.8%
  • PONY4.4%
  • CRCL3.5%
  • BEKE2.4%
  • GYRE2.1%
  • BZ2.0%
  • AVBP1.9%
  • DDL1.6%
  • GPCR1.2%
  • Other2.8%

Portfolio changes

What the fund actually did

Every reported change this quarter, grouped by direction. The signal is in the rotation, not any single trade.

New buys
1
GYREGYRE THERAPEUTICS INC2.1%

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Source filings

Holdings on this page are parsed from Hsg Holding LTD’s Form 13F filings with the U.S. Securities and Exchange Commission (CIK 1470766). View Hsg Holding LTD’s 13F filings on SEC

More 13F analyses

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