Filed: 11/10/2025ACC: 0001536592-25-000008
📋 What this filing means
KRANE FUNDS ADVISORS LLC filed this quarterly 13F‑HR report disclosing 137 equity positions with a total reported market value of $3.52B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
137
Positions
$3.52B
Total AUM (reported)
169.92M
Total Shares
Allocation by class
SPONSORED ADS$1.87B53.1%
SPON ADS$422.10M12.0%
SPONSORED ADS A$320.42M9.1%
SUSTAINABLE ULTR$202.56M5.8%
AMERICAN DEP$160.04M4.5%
CSI CHI INTERNET$126.66M3.6%
SP ADS RP CL A$93.18M2.6%
Portfolio Concentration
Top 3$1.63B46.3%
4–10$1.51B42.9%
11–25$278.00M7.9%
Rest$104.52M3.0%
Top 3 weight
46.3%
Top 10 weight
89.1%
Voting Authority Distribution
Total shares with voting rights: 169.92M
Sole
Full voting authority
169.92M
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)
Sole137
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings137
Rows:
PDD HOLDINGS INC
SOLEShares6.14M
TypeSH
Market value$792.43M
22.52%
Sole
6.14M
Shared
0.00
None
0.00
TENCENT MUSIC ENTMT GROUP
SOLEShares19.02M
TypeSH
Market value$421.59M
11.98%
Sole
19.02M
Shared
0.00
None
0.00
KANZHUN LIMITED
SOLEShares19.29M
TypeSH
Market value$413.31M
11.75%
Sole
19.29M
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD
SOLEShares28.17M
TypeSH
Market value$352.07M
10.01%
Sole
28.17M
Shared
0.00
None
0.00
VIPSHOP HLDGS LTD
SOLEShares17.19M
TypeSH
Market value$320.42M
9.11%
Sole
17.19M
Shared
0.00
None
0.00
TAL EDUCATION GROUP
SOLEShares23.07M
TypeSH
Market value$253.45M
7.20%
Sole
23.07M
Shared
0.00
None
0.00
KRANESHARES TRUST
SOLEShares8.06M
TypeSH
Market value$202.56M
5.76%
Sole
8.06M
Shared
0.00
None
0.00
QFIN HOLDINGS INC
SOLEShares6.34M
TypeSH
Market value$160.04M
4.55%
Sole
6.34M
Shared
0.00
None
0.00
KRANESHARES TRUST
SOLEShares3.22M
TypeSH
Market value$126.66M
3.60%
Sole
3.22M
Shared
0.00
None
0.00
AUTOHOME INC
SOLEShares3.39M
TypeSH
Market value$93.18M
2.65%
Sole
3.39M
Shared
0.00
None
0.00
JOYY INC
SOLEShares1.47M
TypeSH
Market value$84.36M
2.40%
Sole
1.47M
Shared
0.00
None
0.00
IQIYI INC
SOLEShares27.54M
TypeSH
Market value$55.77M
1.59%
Sole
27.54M
Shared
0.00
None
0.00
WEIBO CORP
SOLEShares4.68M
TypeSH
Market value$51.88M
1.47%
Sole
4.68M
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares55.40K
TypeSH
Market value$36.66M
1.04%
Sole
55.40K
Shared
0.00
None
0.00
TESLA INC
SOLEShares19.18K
TypeSH
Market value$8.37M
0.24%
Sole
19.18K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares38.53K
TypeSH
Market value$7.03M
0.20%
Sole
38.53K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares13.22K
TypeSH
Market value$6.77M
0.19%
Sole
13.22K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares6.49K
TypeSH
Market value$4.62M
0.13%
Sole
6.49K
Shared
0.00
None
0.00
MP MATERIALS CORP
SOLEShares49.68K
TypeSH
Market value$3.99M
0.11%
Sole
49.68K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares14.74K
TypeSH
Market value$3.71M
0.11%
Sole
14.74K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares15.77K
TypeSH
Market value$3.35M
0.10%
Sole
15.77K
Shared
0.00
None
0.00
NEBIUS GROUP N.V.
SOLEShares28.94K
TypeSH
Market value$3.27M
0.09%
Sole
28.94K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares8.98K
TypeSH
Market value$3.12M
0.09%
Sole
8.98K
Shared
0.00
None
0.00
PALANTIR TECHNOLOGIES INC
SOLEShares14.40K
TypeSH
Market value$2.56M
0.07%
Sole
14.40K
Shared
0.00
None
0.00
APPLE INC
SOLEShares10.11K
TypeSH
Market value$2.53M
0.07%
Sole
10.11K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | SPONSORED ADS | 6.14M | SH | $792.43M 22.52% | 6.14M | 0.00 | 0.00 |
TENCENT MUSIC ENTMT GROUPSOLE | SPON ADS | 19.02M | SH | $421.59M 11.98% | 19.02M | 0.00 | 0.00 |
KANZHUN LIMITEDSOLE | SPONSORED ADS | 19.29M | SH | $413.31M 11.75% | 19.29M | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTDSOLE | SPONSORED ADS | 28.17M | SH | $352.07M 10.01% | 28.17M | 0.00 | 0.00 |
VIPSHOP HLDGS LTDSOLE | SPONSORED ADS A | 17.19M | SH | $320.42M 9.11% | 17.19M | 0.00 | 0.00 |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 23.07M | SH | $253.45M 7.20% | 23.07M | 0.00 | 0.00 |
KRANESHARES TRUSTSOLE | SUSTAINABLE ULTR | 8.06M | SH | $202.56M 5.76% | 8.06M | 0.00 | 0.00 |
QFIN HOLDINGS INCSOLE | AMERICAN DEP | 6.34M | SH | $160.04M 4.55% | 6.34M | 0.00 | 0.00 |
KRANESHARES TRUSTSOLE | CSI CHI INTERNET | 3.22M | SH | $126.66M 3.60% | 3.22M | 0.00 | 0.00 |
AUTOHOME INCSOLE | SP ADS RP CL A | 3.39M | SH | $93.18M 2.65% | 3.39M | 0.00 | 0.00 |
JOYY INCSOLE | ADS REPSTG COM A | 1.47M | SH | $84.36M 2.40% | 1.47M | 0.00 | 0.00 |
IQIYI INCSOLE | SPONSORED ADS | 27.54M | SH | $55.77M 1.59% | 27.54M | 0.00 | 0.00 |
WEIBO CORPSOLE | SPONSORED ADR | 4.68M | SH | $51.88M 1.47% | 4.68M | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 55.40K | SH | $36.66M 1.04% | 55.40K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 19.18K | SH | $8.37M 0.24% | 19.18K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 38.53K | SH | $7.03M 0.20% | 38.53K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 13.22K | SH | $6.77M 0.19% | 13.22K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 6.49K | SH | $4.62M 0.13% | 6.49K | 0.00 | 0.00 |
MP MATERIALS CORPSOLE | COM CL A | 49.68K | SH | $3.99M 0.11% | 49.68K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 14.74K | SH | $3.71M 0.11% | 14.74K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 15.77K | SH | $3.35M 0.10% | 15.77K | 0.00 | 0.00 |
NEBIUS GROUP N.V.SOLE | SHS CLASS A | 28.94K | SH | $3.27M 0.09% | 28.94K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 8.98K | SH | $3.12M 0.09% | 8.98K | 0.00 | 0.00 |
PALANTIR TECHNOLOGIES INCSOLE | CL A | 14.40K | SH | $2.56M 0.07% | 14.40K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 10.11K | SH | $2.53M 0.07% | 10.11K | 0.00 | 0.00 |
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