Filed: 5/14/2024ACC: 0001802695-24-000003
📋 What this filing means
PERSEVERANCE ASSET MANAGEMENT INTERNATIONAL filed this quarterly 13F‑HR report disclosing 21 equity positions with a total reported market value of $553.82M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
21
Positions
$553.82M
Total AUM (reported)
40.13M
Total Shares
Allocation by class
SPONSORED ADS$354.69M64.0%
SPONSORED ADS A$67.75M12.2%
COM$63.74M11.5%
SPON ADS$39.05M7.1%
ADS$11.66M2.1%
CAP STK CL C$6.85M1.2%
COM SHS$4.75M0.9%
Portfolio Concentration
Top 3$260.58M47.1%
4–10$224.35M40.5%
11–25$68.89M12.4%
Top 3 weight
47.1%
Top 10 weight
87.6%
Voting Authority Distribution
Total shares with voting rights: 40.13M
Sole
Full voting authority
13.95M
shares
% of voting shares34.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
26.17M
shares
% of voting shares65.2%
Investment Discretion (by position count)
Sole19
Shared0
Other2
Dominant voting typeNone · 65.2% of voting shares
Institutional Holdings21
Rows:
PDD HOLDINGS INC
SOLEShares1.14M
TypeSH
Market value$132.29M
23.89%
Sole
340.90K
Shared
0.00
None
797.06K
ZTO EXPRESS CAYMAN INC
SOLEShares3.24M
TypeSH
Market value$67.75M
12.23%
Sole
2.15M
Shared
0.00
None
1.08M
H WORLD GROUP LTD
SOLEShares1.56M
TypeSH
Market value$60.55M
10.93%
Sole
143.37K
Shared
0.00
None
1.42M
IQIYI INC
SOLEShares11.79M
TypeSH
Market value$49.87M
9.00%
Sole
1.17M
Shared
0.00
None
10.62M
TENCENT MUSIC ENTMT GROUP
SOLEShares3.49M
TypeSH
Market value$39.05M
7.05%
Sole
363.67K
Shared
0.00
None
3.13M
NETEASE INC
SOLEShares358.22K
TypeSH
Market value$37.06M
6.69%
Sole
141.47K
Shared
0.00
None
216.75K
YUM CHINA HLDGS INC
DFNDShares693.82K
TypeSH
Market value$27.61M
4.98%
Sole
0.00
Shared
0.00
None
693.82K
MICROSOFT CORP
SOLEShares65K
TypeSH
Market value$27.35M
4.94%
Sole
65K
Shared
0.00
None
0.00
RLX TECHNOLOGY INC
SOLEShares14.10M
TypeSH
Market value$27.07M
4.89%
Sole
8.16M
Shared
0.00
None
5.94M
KE HLDGS INC
SOLEShares1.19M
TypeSH
Market value$16.34M
2.95%
Sole
269.88K
Shared
0.00
None
920.44K
ATOUR LIFESTYLE HLDGS LTD
SOLEShares809.54K
TypeSH
Market value$14.52M
2.62%
Sole
94.87K
Shared
0.00
None
714.68K
TRIP COM GROUP LTD
SOLEShares265.62K
TypeSH
Market value$11.66M
2.11%
Sole
145.53K
Shared
0.00
None
120.09K
TESLA INC
SOLEShares50K
TypeSH
Market value$8.79M
1.59%
Sole
50K
Shared
0.00
None
0.00
TAL EDUCATION GROUP
SOLEShares621.04K
TypeSH
Market value$7.05M
1.27%
Sole
621.04K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares45K
TypeSH
Market value$6.85M
1.24%
Sole
45K
Shared
0.00
None
0.00
KANZHUN LIMITED
SOLEShares325.22K
TypeSH
Market value$5.70M
1.03%
Sole
150.12K
Shared
0.00
None
175.10K
AMER SPORTS INC
DFNDShares291.54K
TypeSH
Market value$4.75M
0.86%
Sole
0.00
Shared
0.00
None
291.54K
ALIBABA GROUP HLDG LTD
SOLEShares58.54K
TypeSH
Market value$4.24M
0.76%
Sole
28.02K
Shared
0.00
None
30.52K
META PLATFORMS INC
SOLEShares5K
TypeSH
Market value$2.43M
0.44%
Sole
5K
Shared
0.00
None
0.00
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares19.60K
TypeSH
Market value$1.70M
0.31%
Sole
10.22K
Shared
0.00
None
9.38K
BAIDU INC
SOLEShares11.38K
TypeSH
Market value$1.20M
0.22%
Sole
2.60K
Shared
0.00
None
8.78K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | SPONSORED ADS | 1.14M | SH | $132.29M 23.89% | 340.90K | 0.00 | 797.06K |
ZTO EXPRESS CAYMAN INCSOLE | SPONSORED ADS A | 3.24M | SH | $67.75M 12.23% | 2.15M | 0.00 | 1.08M |
H WORLD GROUP LTDSOLE | SPONSORED ADS | 1.56M | SH | $60.55M 10.93% | 143.37K | 0.00 | 1.42M |
IQIYI INCSOLE | SPONSORED ADS | 11.79M | SH | $49.87M 9.00% | 1.17M | 0.00 | 10.62M |
TENCENT MUSIC ENTMT GROUPSOLE | SPON ADS | 3.49M | SH | $39.05M 7.05% | 363.67K | 0.00 | 3.13M |
NETEASE INCSOLE | SPONSORED ADS | 358.22K | SH | $37.06M 6.69% | 141.47K | 0.00 | 216.75K |
YUM CHINA HLDGS INCDFND | COM | 693.82K | SH | $27.61M 4.98% | 0.00 | 0.00 | 693.82K |
MICROSOFT CORPSOLE | COM | 65K | SH | $27.35M 4.94% | 65K | 0.00 | 0.00 |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 14.10M | SH | $27.07M 4.89% | 8.16M | 0.00 | 5.94M |
KE HLDGS INCSOLE | SPONSORED ADS | 1.19M | SH | $16.34M 2.95% | 269.88K | 0.00 | 920.44K |
ATOUR LIFESTYLE HLDGS LTDSOLE | SPONSORED ADS | 809.54K | SH | $14.52M 2.62% | 94.87K | 0.00 | 714.68K |
TRIP COM GROUP LTDSOLE | ADS | 265.62K | SH | $11.66M 2.11% | 145.53K | 0.00 | 120.09K |
TESLA INCSOLE | COM | 50K | SH | $8.79M 1.59% | 50K | 0.00 | 0.00 |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 621.04K | SH | $7.05M 1.27% | 621.04K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 45K | SH | $6.85M 1.24% | 45K | 0.00 | 0.00 |
KANZHUN LIMITEDSOLE | SPONSORED ADS | 325.22K | SH | $5.70M 1.03% | 150.12K | 0.00 | 175.10K |
AMER SPORTS INCDFND | COM SHS | 291.54K | SH | $4.75M 0.86% | 0.00 | 0.00 | 291.54K |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 58.54K | SH | $4.24M 0.76% | 28.02K | 0.00 | 30.52K |
META PLATFORMS INCSOLE | CL A | 5K | SH | $2.43M 0.44% | 5K | 0.00 | 0.00 |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 19.60K | SH | $1.70M 0.31% | 10.22K | 0.00 | 9.38K |
BAIDU INCSOLE | SPON ADR REP A | 11.38K | SH | $1.20M 0.22% | 2.60K | 0.00 | 8.78K |