Filed: 8/14/2023ACC: 0001802695-23-000004
📋 What this filing means
PERSEVERANCE ASSET MANAGEMENT INTERNATIONAL filed this quarterly 13F‑HR report disclosing 12 equity positions with a total reported market value of $330.99M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
12
Positions
$330.99M
Total AUM (reported)
21.24M
Total Shares
Allocation by class
SPONSORED ADS$206.82M62.5%
SPONSORED ADS A$67.98M20.5%
COM$37.46M11.3%
SPON ADR$17.18M5.2%
SPON ADR REP A$1.56M0.5%
Portfolio Concentration
Top 3$222.33M67.2%
4–10$104.84M31.7%
11–25$3.82M1.2%
Top 3 weight
67.2%
Top 10 weight
98.8%
Voting Authority Distribution
Total shares with voting rights: 21.24M
Sole
Full voting authority
16.19M
shares
% of voting shares76.2%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
5.06M
shares
% of voting shares23.8%
Investment Discretion (by position count)
Sole12
Shared0
Other0
Dominant voting typeSole · 76.2% of voting shares
Institutional Holdings12
Rows:
PDD HOLDINGS INC
SOLEShares1.69M
TypeSH
Market value$116.89M
35.32%
Sole
672.16K
Shared
0.00
None
1.02M
ZTO EXPRESS CAYMAN INC
SOLEShares2.71M
TypeSH
Market value$67.98M
20.54%
Sole
1.95M
Shared
0.00
None
763.44K
MICROSOFT CORP
SOLEShares110K
TypeSH
Market value$37.46M
11.32%
Sole
110K
Shared
0.00
None
0.00
NETEASE INC
SOLEShares313.14K
TypeSH
Market value$30.28M
9.15%
Sole
141.52K
Shared
0.00
None
171.62K
RLX TECHNOLOGY INC
SOLEShares10.93M
TypeSH
Market value$19.35M
5.85%
Sole
8.99M
Shared
0.00
None
1.94M
TAL EDUCATION GROUP
SOLEShares3.14M
TypeSH
Market value$18.73M
5.66%
Sole
3.14M
Shared
0.00
None
0.00
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares434.95K
TypeSH
Market value$17.18M
5.19%
Sole
68.12K
Shared
0.00
None
366.83K
ATOUR LIFESTYLE HOLDINGS LTD
SOLEShares684.29K
TypeSH
Market value$11.11M
3.36%
Sole
94.87K
Shared
0.00
None
589.43K
IQIYI INC
SOLEShares800K
TypeSH
Market value$4.27M
1.29%
Sole
700K
Shared
0.00
None
100K
KE HLDGS INC
SOLEShares263.86K
TypeSH
Market value$3.92M
1.18%
Sole
206.26K
Shared
0.00
None
57.60K
KANZHUN LIMITED
SOLEShares150.41K
TypeSH
Market value$2.26M
0.68%
Sole
105.14K
Shared
0.00
None
45.27K
BAIDU INC
SOLEShares11.38K
TypeSH
Market value$1.56M
0.47%
Sole
2.60K
Shared
0.00
None
8.78K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | SPONSORED ADS | 1.69M | SH | $116.89M 35.32% | 672.16K | 0.00 | 1.02M |
ZTO EXPRESS CAYMAN INCSOLE | SPONSORED ADS A | 2.71M | SH | $67.98M 20.54% | 1.95M | 0.00 | 763.44K |
MICROSOFT CORPSOLE | COM | 110K | SH | $37.46M 11.32% | 110K | 0.00 | 0.00 |
NETEASE INCSOLE | SPONSORED ADS | 313.14K | SH | $30.28M 9.15% | 141.52K | 0.00 | 171.62K |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 10.93M | SH | $19.35M 5.85% | 8.99M | 0.00 | 1.94M |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 3.14M | SH | $18.73M 5.66% | 3.14M | 0.00 | 0.00 |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 434.95K | SH | $17.18M 5.19% | 68.12K | 0.00 | 366.83K |
ATOUR LIFESTYLE HOLDINGS LTDSOLE | SPONSORED ADS | 684.29K | SH | $11.11M 3.36% | 94.87K | 0.00 | 589.43K |
IQIYI INCSOLE | SPONSORED ADS | 800K | SH | $4.27M 1.29% | 700K | 0.00 | 100K |
KE HLDGS INCSOLE | SPONSORED ADS | 263.86K | SH | $3.92M 1.18% | 206.26K | 0.00 | 57.60K |
KANZHUN LIMITEDSOLE | SPONSORED ADS | 150.41K | SH | $2.26M 0.68% | 105.14K | 0.00 | 45.27K |
BAIDU INCSOLE | SPON ADR REP A | 11.38K | SH | $1.56M 0.47% | 2.60K | 0.00 | 8.78K |