Filed: 8/13/2024ACC: 0001802695-24-000006
📋 What this filing means
PERSEVERANCE ASSET MANAGEMENT INTERNATIONAL filed this quarterly 13F‑HR report disclosing 19 equity positions with a total reported market value of $762.49M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
19
Positions
$762.49M
Total AUM (reported)
45.22M
Total Shares
Allocation by class
SPONSORED ADS$519.32M68.1%
COM$70.08M9.2%
CL A$50.42M6.6%
SPON ADS$49.75M6.5%
SPONSORED ADS A$35.08M4.6%
ADS$22.09M2.9%
COM SHS$10.54M1.4%
Portfolio Concentration
Top 3$388.21M50.9%
4–10$287.50M37.7%
11–25$86.78M11.4%
Top 3 weight
50.9%
Top 10 weight
88.6%
Voting Authority Distribution
Total shares with voting rights: 45.22M
Sole
Full voting authority
11.05M
shares
% of voting shares24.4%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
34.17M
shares
% of voting shares75.6%
Investment Discretion (by position count)
Sole18
Shared0
Other1
Dominant voting typeNone · 75.6% of voting shares
Institutional Holdings19
Rows:
PDD HOLDINGS INC
SOLEShares1.59M
TypeSH
Market value$210.74M
27.64%
Sole
340.82K
Shared
0.00
None
1.24M
H WORLD GROUP LTD
SOLEShares3.02M
TypeSH
Market value$100.73M
13.21%
Sole
721.08K
Shared
0.00
None
2.30M
NETEASE INC
SOLEShares802.94K
TypeSH
Market value$76.75M
10.07%
Sole
178.52K
Shared
0.00
None
624.42K
IQIYI INC
SOLEShares13.92M
TypeSH
Market value$51.09M
6.70%
Sole
1.21M
Shared
0.00
None
12.71M
META PLATFORMS INC
SOLEShares100K
TypeSH
Market value$50.42M
6.61%
Sole
100K
Shared
0.00
None
0.00
TENCENT MUSIC ENTMT GROUP
SOLEShares3.54M
TypeSH
Market value$49.75M
6.53%
Sole
211.97K
Shared
0.00
None
3.33M
YUM CHINA HLDGS INC
SOLEShares1.32M
TypeSH
Market value$40.77M
5.35%
Sole
28.44K
Shared
0.00
None
1.29M
ZTO EXPRESS CAYMAN INC
SOLEShares1.69M
TypeSH
Market value$35.08M
4.60%
Sole
415.85K
Shared
0.00
None
1.27M
KE HLDGS INC
SOLEShares2.21M
TypeSH
Market value$31.34M
4.11%
Sole
12.02K
Shared
0.00
None
2.20M
MICROSOFT CORP
SOLEShares65K
TypeSH
Market value$29.05M
3.81%
Sole
65K
Shared
0.00
None
0.00
RLX TECHNOLOGY INC
SOLEShares14.41M
TypeSH
Market value$26.52M
3.48%
Sole
7.21M
Shared
0.00
None
7.20M
TRIP COM GROUP LTD
SOLEShares470.08K
TypeSH
Market value$22.09M
2.90%
Sole
169.81K
Shared
0.00
None
300.27K
ATOUR LIFESTYLE HLDGS LTD
SOLEShares914.81K
TypeSH
Market value$16.79M
2.20%
Sole
104.94K
Shared
0.00
None
809.87K
AMER SPORTS INC
DFNDShares838.75K
TypeSH
Market value$10.54M
1.38%
Sole
0.00
Shared
0.00
None
838.75K
ALPHABET INC
SOLEShares20K
TypeSH
Market value$3.67M
0.48%
Sole
20K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares38.84K
TypeSH
Market value$2.80M
0.37%
Sole
8.32K
Shared
0.00
None
30.52K
TAL EDUCATION GROUP
SOLEShares242.86K
TypeSH
Market value$2.59M
0.34%
Sole
242.86K
Shared
0.00
None
0.00
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares19.60K
TypeSH
Market value$1.52M
0.20%
Sole
10.22K
Shared
0.00
None
9.38K
ELI LILLY & CO
SOLEShares287.00
TypeSH
Market value$259.8K
0.03%
Sole
287.00
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | SPONSORED ADS | 1.59M | SH | $210.74M 27.64% | 340.82K | 0.00 | 1.24M |
H WORLD GROUP LTDSOLE | SPONSORED ADS | 3.02M | SH | $100.73M 13.21% | 721.08K | 0.00 | 2.30M |
NETEASE INCSOLE | SPONSORED ADS | 802.94K | SH | $76.75M 10.07% | 178.52K | 0.00 | 624.42K |
IQIYI INCSOLE | SPONSORED ADS | 13.92M | SH | $51.09M 6.70% | 1.21M | 0.00 | 12.71M |
META PLATFORMS INCSOLE | CL A | 100K | SH | $50.42M 6.61% | 100K | 0.00 | 0.00 |
TENCENT MUSIC ENTMT GROUPSOLE | SPON ADS | 3.54M | SH | $49.75M 6.53% | 211.97K | 0.00 | 3.33M |
YUM CHINA HLDGS INCSOLE | COM | 1.32M | SH | $40.77M 5.35% | 28.44K | 0.00 | 1.29M |
ZTO EXPRESS CAYMAN INCSOLE | SPONSORED ADS A | 1.69M | SH | $35.08M 4.60% | 415.85K | 0.00 | 1.27M |
KE HLDGS INCSOLE | SPONSORED ADS | 2.21M | SH | $31.34M 4.11% | 12.02K | 0.00 | 2.20M |
MICROSOFT CORPSOLE | COM | 65K | SH | $29.05M 3.81% | 65K | 0.00 | 0.00 |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 14.41M | SH | $26.52M 3.48% | 7.21M | 0.00 | 7.20M |
TRIP COM GROUP LTDSOLE | ADS | 470.08K | SH | $22.09M 2.90% | 169.81K | 0.00 | 300.27K |
ATOUR LIFESTYLE HLDGS LTDSOLE | SPONSORED ADS | 914.81K | SH | $16.79M 2.20% | 104.94K | 0.00 | 809.87K |
AMER SPORTS INCDFND | COM SHS | 838.75K | SH | $10.54M 1.38% | 0.00 | 0.00 | 838.75K |
ALPHABET INCSOLE | CAP STK CL C | 20K | SH | $3.67M 0.48% | 20K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 38.84K | SH | $2.80M 0.37% | 8.32K | 0.00 | 30.52K |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 242.86K | SH | $2.59M 0.34% | 242.86K | 0.00 | 0.00 |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 19.60K | SH | $1.52M 0.20% | 10.22K | 0.00 | 9.38K |
ELI LILLY & COSOLE | COM | 287.00 | SH | $259.8K 0.03% | 287.00 | 0.00 | 0.00 |