Filed: 11/13/2025ACC: 0001964631-25-000008
📋 What this filing means
ALPINE INVESTMENT MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 5 equity positions with a total reported market value of $295.38M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
5
Positions
$295.38M
Total AUM (reported)
8.87M
Total Shares
Allocation by class
CALL$176.45M59.7%
SPONSORED ADS$51.88M17.6%
ADS REPSTG COM A$33.70M11.4%
SPONSORED ADR$17.15M5.8%
COM$16.20M5.5%
Portfolio Concentration
Top 3$262.03M88.7%
4–10$33.36M11.3%
Top 3 weight
88.7%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 8.87M
Sole
Full voting authority
8.87M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole5
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings5
Rows:
PDD HOLDINGS INC
SOLEShares13.35K
TypeSH
Market value$176.45M
59.73%
Sole
13.35K
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD
SOLEShares4M
TypeSH
Market value$51.88M
17.56%
Sole
4M
Shared
0.00
None
0.00
JOYY INC
SOLEShares575K
TypeSH
Market value$33.70M
11.41%
Sole
575K
Shared
0.00
None
0.00
LUFAX HOLDING LTD
SOLEShares4.22M
TypeSH
Market value$17.15M
5.81%
Sole
4.22M
Shared
0.00
None
0.00
ARGAN INC
SOLEShares60K
TypeSH
Market value$16.20M
5.49%
Sole
60K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | CALL | 13.35K | SH | $176.45M 59.73% | 13.35K | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTDSOLE | SPONSORED ADS | 4M | SH | $51.88M 17.56% | 4M | 0.00 | 0.00 |
JOYY INCSOLE | ADS REPSTG COM A | 575K | SH | $33.70M 11.41% | 575K | 0.00 | 0.00 |
LUFAX HOLDING LTDSOLE | SPONSORED ADR | 4.22M | SH | $17.15M 5.81% | 4.22M | 0.00 | 0.00 |
ARGAN INCSOLE | COM | 60K | SH | $16.20M 5.49% | 60K | 0.00 | 0.00 |