Filed: 5/11/2023ACC: 0001802695-23-000003
📋 What this filing means
PERSEVERANCE ASSET MANAGEMENT INTERNATIONAL filed this quarterly 13F‑HR report disclosing 14 equity positions with a total reported market value of $301.80M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
14
Positions
$301.80M
Total AUM (reported)
18.09M
Total Shares
Allocation by class
SPONSORED ADS$165.08M54.7%
SPONSORED ADS A$64.09M21.2%
COM$46.74M15.5%
SPON ADR REP A$11.65M3.9%
SPON ADR$9.40M3.1%
ADS REP SHS CL A$2.96M1.0%
SPONSORED ADR$1.24M0.4%
Portfolio Concentration
Top 3$183.75M60.9%
4–10$110.45M36.6%
11–25$7.60M2.5%
Top 3 weight
60.9%
Top 10 weight
97.5%
Voting Authority Distribution
Total shares with voting rights: 18.09M
Sole
Full voting authority
14.66M
shares
% of voting shares81.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
3.43M
shares
% of voting shares19.0%
Investment Discretion (by position count)
Sole12
Shared0
Other2
Dominant voting typeSole · 81.0% of voting shares
Institutional Holdings14
Rows:
PDD HOLDINGS INC
SOLEShares1.14M
TypeSH
Market value$86.35M
28.61%
Sole
384.96K
Shared
0.00
None
752.74K
ZTO EXPRESS CAYMAN INC
SOLEShares2.24M
TypeSH
Market value$64.09M
21.24%
Sole
1.52M
Shared
0.00
None
713.44K
MICROSOFT CORP
SOLEShares115.53K
TypeSH
Market value$33.31M
11.04%
Sole
112.54K
Shared
0.00
None
2.99K
NETEASE INC
SOLEShares301.76K
TypeSH
Market value$26.69M
8.84%
Sole
123.41K
Shared
0.00
None
178.35K
RLX TECHNOLOGY INC
SOLEShares8.47M
TypeSH
Market value$24.55M
8.13%
Sole
6.92M
Shared
0.00
None
1.54M
TAL EDUCATION GROUP
SOLEShares2.95M
TypeSH
Market value$18.91M
6.26%
Sole
2.93M
Shared
0.00
None
20.50K
AMAZON COM INC
SOLEShares130K
TypeSH
Market value$13.43M
4.45%
Sole
130K
Shared
0.00
None
0.00
BAIDU INC
SOLEShares77.21K
TypeSH
Market value$11.65M
3.86%
Sole
50.62K
Shared
0.00
None
26.59K
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares243.50K
TypeSH
Market value$9.40M
3.12%
Sole
243.50K
Shared
0.00
None
0.00
IQIYI INC
SOLEShares800K
TypeSH
Market value$5.82M
1.93%
Sole
700K
Shared
0.00
None
100K
LUFAX HOLDING LTD
SOLEShares1.45M
TypeSH
Market value$2.96M
0.98%
Sole
1.45M
Shared
0.00
None
0.00
KE HLDGS INC
SOLEShares146.72K
TypeSH
Market value$2.76M
0.92%
Sole
89.12K
Shared
0.00
None
57.60K
JINKOSOLAR HLDG CO LTD
DFNDShares24.39K
TypeSH
Market value$1.24M
0.41%
Sole
0.00
Shared
0.00
None
24.39K
DAQO NEW ENERGY CORP
DFNDShares13.44K
TypeSH
Market value$629.4K
0.21%
Sole
0.00
Shared
0.00
None
13.44K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | SPONSORED ADS | 1.14M | SH | $86.35M 28.61% | 384.96K | 0.00 | 752.74K |
ZTO EXPRESS CAYMAN INCSOLE | SPONSORED ADS A | 2.24M | SH | $64.09M 21.24% | 1.52M | 0.00 | 713.44K |
MICROSOFT CORPSOLE | COM | 115.53K | SH | $33.31M 11.04% | 112.54K | 0.00 | 2.99K |
NETEASE INCSOLE | SPONSORED ADS | 301.76K | SH | $26.69M 8.84% | 123.41K | 0.00 | 178.35K |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 8.47M | SH | $24.55M 8.13% | 6.92M | 0.00 | 1.54M |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 2.95M | SH | $18.91M 6.26% | 2.93M | 0.00 | 20.50K |
AMAZON COM INCSOLE | COM | 130K | SH | $13.43M 4.45% | 130K | 0.00 | 0.00 |
BAIDU INCSOLE | SPON ADR REP A | 77.21K | SH | $11.65M 3.86% | 50.62K | 0.00 | 26.59K |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 243.50K | SH | $9.40M 3.12% | 243.50K | 0.00 | 0.00 |
IQIYI INCSOLE | SPONSORED ADS | 800K | SH | $5.82M 1.93% | 700K | 0.00 | 100K |
LUFAX HOLDING LTDSOLE | ADS REP SHS CL A | 1.45M | SH | $2.96M 0.98% | 1.45M | 0.00 | 0.00 |
KE HLDGS INCSOLE | SPONSORED ADS | 146.72K | SH | $2.76M 0.92% | 89.12K | 0.00 | 57.60K |
JINKOSOLAR HLDG CO LTDDFND | SPONSORED ADR | 24.39K | SH | $1.24M 0.41% | 0.00 | 0.00 | 24.39K |
DAQO NEW ENERGY CORPDFND | SPNSRD ADS NEW | 13.44K | SH | $629.4K 0.21% | 0.00 | 0.00 | 13.44K |