EdgeMarket › What Perseverance Asset Management International reported owning

What Perseverance Asset Management International reported owning

As filed on Form 13F for the quarter ending 2026-03-31, up to 45 days after that date. Long-only US-listed equity — shorts, bonds, cash and non-US listings are not on the form, so this is one leg of the book, not the book.

Reported value

909.0M

Positions

21

Quarter

2026-03-31

Shown below

21
largest by value
holdingvalue% of booksharesprice1y
PDD
PDD Holdings Inc.
220.9M24.3%2.2M88.38-25.1%
HTHT
H World Group Ltd
195.2M21.5%3.9M49.16+39.8%
TSM
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
150.9M16.6%446.5K418.95+83.3%
BZ
Kanzhun Ltd
57.4M6.3%4.3M15.95-27.8%
NVDA
NVIDIA CORP
50.6M5.6%290.0K214.72+22.4%
YUMC
Yum China Holdings, Inc.
34.8M3.8%714.0K49.52+11.0%
TCOM
Trip.com Group Ltd
33.6M3.7%675.0K46.11-27.0%
GOOG
Alphabet Inc.
28.7M3.2%100.0K341.75+70.7%
BEKE
KE Holdings Inc.
20.8M2.3%1.4M17.75-3.4%
FUTU
Futu Holdings Ltd
20.5M2.3%150.0K123.64-30.8%
NTES
NetEase, Inc.
19.0M2.1%170.0K128.17-1.8%
LITE
Lumentum Holdings Inc.
17.6M1.9%25.0K866.71+647.9%
RLX
RLX Technology Inc.
16.5M1.8%7.5M1.81-19.2%
XPEV
XPENG INC.
13.7M1.5%800.0K12.19-40.2%
MOS
MOSAIC CO
7.7M0.8%300.0K24.41-24.8%
IQ
iQIYI, Inc.
6.5M0.7%4.8M1.05-54.1%
AMD
ADVANCED MICRO DEVICES INC
6.1M0.7%30.0K473.25+186.5%
SNDK
Sandisk Corp
3.5M0.4%5.5K1,596.08+3494.8%
MU
MICRON TECHNOLOGY INC
3.0M0.3%9.0K966.78+724.8%
YSG
Yatsen Holding Ltd
1.6M0.2%530.0K3.00-68.6%
NIO
NIO Inc.
434.7K0.0%72.1K4.63-8.7%

A position that grew quarter on quarter may simply reflect a higher price: if the stock rose 40% and the manager did nothing, the reported value rose 40%. Reading that as accumulation is reading the price back to yourself. More on that →

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