Filed: 2/14/2024ACC: 0001802695-24-000001
📋 What this filing means
PERSEVERANCE ASSET MANAGEMENT INTERNATIONAL filed this quarterly 13F‑HR report disclosing 18 equity positions with a total reported market value of $419.77M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
18
Positions
$419.77M
Total AUM (reported)
34.93M
Total Shares
Allocation by class
SPONSORED ADS$277.66M66.1%
SPONSORED ADS A$63.33M15.1%
COM$36.97M8.8%
SPON ADS$31.74M7.6%
ADS$4.87M1.2%
CAP STK CL C$2.11M0.5%
SPON ADR$1.73M0.4%
Portfolio Concentration
Top 3$212.90M50.7%
4–10$175.71M41.9%
11–25$31.15M7.4%
Top 3 weight
50.7%
Top 10 weight
92.6%
Voting Authority Distribution
Total shares with voting rights: 34.93M
Sole
Full voting authority
16.27M
shares
% of voting shares46.6%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
18.67M
shares
% of voting shares53.4%
Investment Discretion (by position count)
Sole18
Shared0
Other0
Dominant voting typeNone · 53.4% of voting shares
Institutional Holdings18
Rows:
PDD HOLDINGS INC
SOLEShares649.76K
TypeSH
Market value$95.07M
22.65%
Sole
316.89K
Shared
0.00
None
332.86K
ZTO EXPRESS CAYMAN INC
SOLEShares2.98M
TypeSH
Market value$63.33M
15.09%
Sole
2.17M
Shared
0.00
None
808.99K
IQIYI INC
SOLEShares11.17M
TypeSH
Market value$54.51M
12.99%
Sole
1.92M
Shared
0.00
None
9.25M
MICROSOFT CORP
SOLEShares90K
TypeSH
Market value$33.84M
8.06%
Sole
90K
Shared
0.00
None
0.00
TENCENT MUSIC ENTMT GROUP
SOLEShares3.52M
TypeSH
Market value$31.74M
7.56%
Sole
397.54K
Shared
0.00
None
3.13M
NETEASE INC
SOLEShares295.06K
TypeSH
Market value$27.49M
6.55%
Sole
124.44K
Shared
0.00
None
170.62K
H WORLD GROUP LTD
SOLEShares723.50K
TypeSH
Market value$24.19M
5.76%
Sole
81.34K
Shared
0.00
None
642.16K
RLX TECHNOLOGY INC
SOLEShares11.94M
TypeSH
Market value$23.88M
5.69%
Sole
8.68M
Shared
0.00
None
3.26M
TAL EDUCATION GROUP
SOLEShares1.62M
TypeSH
Market value$20.51M
4.89%
Sole
1.62M
Shared
0.00
None
0.00
ATOUR LIFESTYLE HLDGS LTD
SOLEShares809.54K
TypeSH
Market value$14.05M
3.35%
Sole
94.87K
Shared
0.00
None
714.68K
KANZHUN LIMITED
SOLEShares429.86K
TypeSH
Market value$7.14M
1.70%
Sole
300.24K
Shared
0.00
None
129.62K
KE HLDGS INC
SOLEShares387.98K
TypeSH
Market value$6.29M
1.50%
Sole
269.88K
Shared
0.00
None
118.10K
TRIP COM GROUP LTD
SOLEShares135.18K
TypeSH
Market value$4.87M
1.16%
Sole
96.32K
Shared
0.00
None
38.86K
ALIBABA GROUP HLDG LTD
SOLEShares58.54K
TypeSH
Market value$4.54M
1.08%
Sole
28.02K
Shared
0.00
None
30.52K
YUM CHINA HLDGS INC
SOLEShares73.57K
TypeSH
Market value$3.12M
0.74%
Sole
50.19K
Shared
0.00
None
23.38K
ALPHABET INC
SOLEShares15K
TypeSH
Market value$2.11M
0.50%
Sole
15K
Shared
0.00
None
0.00
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares23.59K
TypeSH
Market value$1.73M
0.41%
Sole
14.21K
Shared
0.00
None
9.38K
BAIDU INC
SOLEShares11.38K
TypeSH
Market value$1.36M
0.32%
Sole
2.60K
Shared
0.00
None
8.78K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | SPONSORED ADS | 649.76K | SH | $95.07M 22.65% | 316.89K | 0.00 | 332.86K |
ZTO EXPRESS CAYMAN INCSOLE | SPONSORED ADS A | 2.98M | SH | $63.33M 15.09% | 2.17M | 0.00 | 808.99K |
IQIYI INCSOLE | SPONSORED ADS | 11.17M | SH | $54.51M 12.99% | 1.92M | 0.00 | 9.25M |
MICROSOFT CORPSOLE | COM | 90K | SH | $33.84M 8.06% | 90K | 0.00 | 0.00 |
TENCENT MUSIC ENTMT GROUPSOLE | SPON ADS | 3.52M | SH | $31.74M 7.56% | 397.54K | 0.00 | 3.13M |
NETEASE INCSOLE | SPONSORED ADS | 295.06K | SH | $27.49M 6.55% | 124.44K | 0.00 | 170.62K |
H WORLD GROUP LTDSOLE | SPONSORED ADS | 723.50K | SH | $24.19M 5.76% | 81.34K | 0.00 | 642.16K |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 11.94M | SH | $23.88M 5.69% | 8.68M | 0.00 | 3.26M |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 1.62M | SH | $20.51M 4.89% | 1.62M | 0.00 | 0.00 |
ATOUR LIFESTYLE HLDGS LTDSOLE | SPONSORED ADS | 809.54K | SH | $14.05M 3.35% | 94.87K | 0.00 | 714.68K |
KANZHUN LIMITEDSOLE | SPONSORED ADS | 429.86K | SH | $7.14M 1.70% | 300.24K | 0.00 | 129.62K |
KE HLDGS INCSOLE | SPONSORED ADS | 387.98K | SH | $6.29M 1.50% | 269.88K | 0.00 | 118.10K |
TRIP COM GROUP LTDSOLE | ADS | 135.18K | SH | $4.87M 1.16% | 96.32K | 0.00 | 38.86K |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 58.54K | SH | $4.54M 1.08% | 28.02K | 0.00 | 30.52K |
YUM CHINA HLDGS INCSOLE | COM | 73.57K | SH | $3.12M 0.74% | 50.19K | 0.00 | 23.38K |
ALPHABET INCSOLE | CAP STK CL C | 15K | SH | $2.11M 0.50% | 15K | 0.00 | 0.00 |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 23.59K | SH | $1.73M 0.41% | 14.21K | 0.00 | 9.38K |
BAIDU INCSOLE | SPON ADR REP A | 11.38K | SH | $1.36M 0.32% | 2.60K | 0.00 | 8.78K |