First Beijing Investment Ltd — 13F Holdings

2026 Q2  ·  13 Positions

2026 Q2 Portfolio Activity

In 2026 Q2, First Beijing Investment Ltd maintained a portfolio of 13 distinct positions. The most significant new addition was FUTU HLDGS LTD, now representing 5.29% of the total fund value. They heavily accumulated shares in SEA LTD, increasing the position by 1387.9%. Conversely, First Beijing Investment Ltd completely exited their position in LEGEND BIOTECH CORP.
Position History hover any row below to update
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First Beijing Investment Ltd Hong Kong Hedge Fund / Investment Manager AUM $2,444M
PCA Score Concentration Risk
Risk ENB
Total Positions
13
Quarter
2026 Q2
Top Holding
YMM (30.5%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-13 of 13

First Beijing Investment Ltd Full Holdings List — 2026 Q2

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
YMM
FULL TRUCK ALLI...
Technology 30.50% 32.22% #1 1
Prev: #2
6.5
1,789,980 2.0%
P
S
91,790,875 $745,341,905
$10.66 -17.3%
$8.04 +9.7%
2024 Q3 13F Filing 2026-06-30 2026-08-12
PDD
PDD HOLDINGS IN...
Consumer Cyclical 29.27% 35.91% #2 1
Prev: #1
7.5
1,228,254 15.1%
P
S
9,377,416 $715,309,292
$100.92 -14.0%
$76.28 +13.7%
2023 Q2 13F Filing 2026-06-30 2026-08-12
EDU
NEW ORIENTAL ED...
Consumer Defensive 16.41% 21.97% #3
Prev: #3
5.5
-261,279 -2.9%
P
S
8,733,979 $400,976,976
$50.35 nan%
$45.91 nan%
2024 Q4 13F Filing 2026-06-30 2026-08-12
SE
SEA LTD
Consumer Cyclical 12.19% 0.75% #4 3
Prev: #7
7.5
2,900,104 1387.9%
P
S
3,109,067 $297,941,891 2023 Q2 13F Filing 2026-06-30 2026-08-12
FUTU
FUTU HLDGS LTD
Financial Services 5.29% #5
Prev: #—
6.1
1,379,102
NEW
1,379,102 $129,277,021 2026 Q2 13F Filing 2026-06-30 2026-08-12
RLX
RLX TECHNOLOGY ...
Consumer Defensive 4.65% 5.71% #6 2
Prev: #4
2.4
-307,832 -0.5%
P
S
59,821,839 $113,661,494 2023 Q3 13F Filing 2026-06-30 2026-08-12
KSPI
KASPI KZ JSC
Technology 1.51% 1.39% #7 1
Prev: #6
1.1
-9,737 -2.2%
P
S
424,613 $36,788,470 2025 Q4 13F Filing 2026-06-30 2026-08-12
ZH
ZHIHU INC
Communication Services 0.07% 0.07% #8 1
Prev: #9
1.0
no change no change
P
S
551,048 $1,724,780 2026 Q1 13F Filing 2026-06-30 2026-08-12
BZUN
BAOZUN INC
Consumer Cyclical 0.05% 0.05% #9 2
Prev: #11
0.5
-11,500 -2.6%
P
S
432,828 $1,224,903 2026 Q1 13F Filing 2026-06-30 2026-08-12
DDL
DINGDONG CAYMAN...
Consumer Defensive 0.05% 0.09% #10 2
Prev: #8
0.0
-223,520 -26.4%
P
S
622,432 $1,201,294 2026 Q1 13F Filing 2026-06-30 2026-08-12
NOAH
NOAH HLDGS LTD
Financial Services 0.02% 0.06% #11 1
Prev: #10
0.0
-97,393 -71.6%
P
S
38,595 $385,564 2024 Q3 13F Filing 2026-06-30 2026-08-12
API
AGORA INC
Technology 0.00% 0.00%
Sold All 😨
(Was: #12)
0.0
-7,700 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2026-06-30 2026-08-12
LEGN
LEGEND BIOTECH ...
Healthcare 0.00% 1.79%
Sold All 😨
(Was: #5)
0.0
-2,296,335 -100.0%
CLOSED
$— 2026 Q1 13F Filing 2026-06-30 2026-08-12
Showing 1-13 of 13 holdings

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