Filed: 11/14/2023ACC: 0001802695-23-000006
📋 What this filing means
PERSEVERANCE ASSET MANAGEMENT INTERNATIONAL filed this quarterly 13F‑HR report disclosing 17 equity positions with a total reported market value of $386.42M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
17
Positions
$386.42M
Total AUM (reported)
30.04M
Total Shares
Allocation by class
SPONSORED ADS$275.69M71.3%
SPONSORED ADS A$65.51M17.0%
COM$34.73M9.0%
SPON ADR$6.48M1.7%
ADS$2.47M0.6%
SPON ADR REP A$1.53M0.4%
Portfolio Concentration
Top 3$212.10M54.9%
4–10$155.39M40.2%
11–25$18.93M4.9%
Top 3 weight
54.9%
Top 10 weight
95.1%
Voting Authority Distribution
Total shares with voting rights: 30.04M
Sole
Full voting authority
17.89M
shares
% of voting shares59.5%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
12.15M
shares
% of voting shares40.5%
Investment Discretion (by position count)
Sole17
Shared0
Other0
Dominant voting typeSole · 59.5% of voting shares
Institutional Holdings17
Rows:
PDD HOLDINGS INC
SOLEShares1.12M
TypeSH
Market value$109.48M
28.33%
Sole
477.16K
Shared
0.00
None
639.15K
ZTO EXPRESS CAYMAN INC
SOLEShares2.71M
TypeSH
Market value$65.51M
16.95%
Sole
1.95M
Shared
0.00
None
763.44K
IQIYI INC
SOLEShares7.83M
TypeSH
Market value$37.11M
9.60%
Sole
1.54M
Shared
0.00
None
6.29M
MICROSOFT CORP
SOLEShares110K
TypeSH
Market value$34.73M
8.99%
Sole
110K
Shared
0.00
None
0.00
NETEASE INC
SOLEShares335.62K
TypeSH
Market value$33.62M
8.70%
Sole
164K
Shared
0.00
None
171.62K
TAL EDUCATION GROUP
SOLEShares2.67M
TypeSH
Market value$24.35M
6.30%
Sole
2.67M
Shared
0.00
None
0.00
H WORLD GROUP LTD
SOLEShares536.02K
TypeSH
Market value$21.14M
5.47%
Sole
24.42K
Shared
0.00
None
511.60K
RLX TECHNOLOGY INC
SOLEShares13.12M
TypeSH
Market value$19.81M
5.13%
Sole
10.31M
Shared
0.00
None
2.82M
ATOUR LIFESTYLE HLDGS LTD
SOLEShares809.54K
TypeSH
Market value$15.26M
3.95%
Sole
94.87K
Shared
0.00
None
714.68K
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares110.66K
TypeSH
Market value$6.48M
1.68%
Sole
24.24K
Shared
0.00
None
86.42K
ALIBABA GROUP HLDG LTD
SOLEShares58.54K
TypeSH
Market value$5.08M
1.31%
Sole
28.02K
Shared
0.00
None
30.52K
KE HLDGS INC
SOLEShares263.86K
TypeSH
Market value$4.10M
1.06%
Sole
206.26K
Shared
0.00
None
57.60K
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares40K
TypeSH
Market value$3.48M
0.90%
Sole
40K
Shared
0.00
None
0.00
TRIP COM GROUP LTD
SOLEShares67.97K
TypeSH
Market value$2.38M
0.62%
Sole
48.40K
Shared
0.00
None
19.58K
KANZHUN LIMITED
SOLEShares150.41K
TypeSH
Market value$2.28M
0.59%
Sole
105.14K
Shared
0.00
None
45.27K
BAIDU INC
SOLEShares11.38K
TypeSH
Market value$1.53M
0.40%
Sole
2.60K
Shared
0.00
None
8.78K
ZHIHU INC
SOLEShares91.40K
TypeSH
Market value$95.1K
0.02%
Sole
91.40K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | SPONSORED ADS | 1.12M | SH | $109.48M 28.33% | 477.16K | 0.00 | 639.15K |
ZTO EXPRESS CAYMAN INCSOLE | SPONSORED ADS A | 2.71M | SH | $65.51M 16.95% | 1.95M | 0.00 | 763.44K |
IQIYI INCSOLE | SPONSORED ADS | 7.83M | SH | $37.11M 9.60% | 1.54M | 0.00 | 6.29M |
MICROSOFT CORPSOLE | COM | 110K | SH | $34.73M 8.99% | 110K | 0.00 | 0.00 |
NETEASE INCSOLE | SPONSORED ADS | 335.62K | SH | $33.62M 8.70% | 164K | 0.00 | 171.62K |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 2.67M | SH | $24.35M 6.30% | 2.67M | 0.00 | 0.00 |
H WORLD GROUP LTDSOLE | SPONSORED ADS | 536.02K | SH | $21.14M 5.47% | 24.42K | 0.00 | 511.60K |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 13.12M | SH | $19.81M 5.13% | 10.31M | 0.00 | 2.82M |
ATOUR LIFESTYLE HLDGS LTDSOLE | SPONSORED ADS | 809.54K | SH | $15.26M 3.95% | 94.87K | 0.00 | 714.68K |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 110.66K | SH | $6.48M 1.68% | 24.24K | 0.00 | 86.42K |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 58.54K | SH | $5.08M 1.31% | 28.02K | 0.00 | 30.52K |
KE HLDGS INCSOLE | SPONSORED ADS | 263.86K | SH | $4.10M 1.06% | 206.26K | 0.00 | 57.60K |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 40K | SH | $3.48M 0.90% | 40K | 0.00 | 0.00 |
TRIP COM GROUP LTDSOLE | ADS | 67.97K | SH | $2.38M 0.62% | 48.40K | 0.00 | 19.58K |
KANZHUN LIMITEDSOLE | SPONSORED ADS | 150.41K | SH | $2.28M 0.59% | 105.14K | 0.00 | 45.27K |
BAIDU INCSOLE | SPON ADR REP A | 11.38K | SH | $1.53M 0.40% | 2.60K | 0.00 | 8.78K |
ZHIHU INCSOLE | ADS | 91.40K | SH | $95.1K 0.02% | 91.40K | 0.00 | 0.00 |