True Light Capital Pte. Ltd.

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, True Light Capital Pte. Ltd. maintained a portfolio of 8 distinct positions. They heavily accumulated shares in PDD HOLDINGS INC, increasing their position by 4.0%. The fund also reduced its exposure to YUM CHINA HOLDINGS I by 21.2%.
PCA Score Concentration Risk
Risk ENB
Total Positions
8
Quarter
2026 Q1
Top Holding
PDD (32.3%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-8 of 8
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
PDD
PDD HOLDINGS IN...
Consumer Cyclical 32.34% 30.82% #1
Prev: #1
6.5 24,038 4.0%
P
S
626,300 $63,995,334 2025 Q4 13F Filing 2026-03-31 2026-05-05
HTHT
H WORLD GROUP L...
Consumer Cyclical 17.14% 16.97% #2 1
Prev: #3
6.0 -125,000 -15.6%
P
S
674,189 $33,904,965 2025 Q4 13F Filing 2026-03-31 2026-05-05
BABA
ALIBABA GROUP H...
Consumer Cyclical 16.95% 17.68% #3 1
Prev: #2
6.0 no change no change
P
S
267,275 $33,532,322 2025 Q4 13F Filing 2026-03-31 2026-05-05
YUMC
YUM CHINA HOLDI...
Consumer Cyclical 13.28% 14.73% #4
Prev: #4
4.5 -145,309 -21.2%
P
S
538,572 $26,271,542 2025 Q4 13F Filing 2026-03-31 2026-05-05
TCOM
TRIP COM GROUP ...
Consumer Cyclical 9.41% 12.13% #5
Prev: #5
5.3 no change no change
P
S
373,751 $18,609,062 2025 Q4 13F Filing 2026-03-31 2026-05-05
AS
AMER SPORTS INC
Consumer Cyclical 7.61% 5.51% #6
Prev: #6
5.5 130,150 39.8%
P
S
457,150 $15,049,378 2025 Q4 13F Filing 2026-03-31 2026-05-05
NTES
NETEASE INC
Communication Services 2.76% 1.69% #7
Prev: #7
4.1 21,552 79.2%
P
S
48,754 $5,457,523 2025 Q4 13F Filing 2026-03-31 2026-05-05
ONC
BEONE MEDICINES...
Healthcare 0.52% 0.48% #8
Prev: #8
1.2 no change no change
P
S
3,480 $1,033,456 2025 Q4 13F Filing 2026-03-31 2026-05-05
Showing 1-8 of 8 holdings

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