Filed: 11/14/2024ACC: 0001802695-24-000017
📋 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 $867.75M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
17
Positions
$867.75M
Total AUM (reported)
40.28M
Total Shares
Allocation by class
SPONSORED ADS$655.82M75.6%
COM$81.26M9.4%
CL A$40.07M4.6%
ADS$37.45M4.3%
SPONSORED ADS A$24.95M2.9%
SPON ADS$21.52M2.5%
CAP STK CL C$6.69M0.8%
Portfolio Concentration
Top 3$477.27M55.0%
4–10$295.14M34.0%
11–25$95.34M11.0%
Top 3 weight
55.0%
Top 10 weight
89.0%
Voting Authority Distribution
Total shares with voting rights: 40.28M
Sole
Full voting authority
11.59M
shares
% of voting shares28.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
28.69M
shares
% of voting shares71.2%
Investment Discretion (by position count)
Sole16
Shared0
Other1
Dominant voting typeNone · 71.2% of voting shares
Institutional Holdings17
Rows:
PDD HOLDINGS INC
SOLEShares1.76M
TypeSH
Market value$236.98M
27.31%
Sole
439.27K
Shared
0.00
None
1.32M
H WORLD GROUP LTD
SOLEShares3.97M
TypeSH
Market value$147.82M
17.04%
Sole
1.67M
Shared
0.00
None
2.30M
NETEASE INC
SOLEShares988.85K
TypeSH
Market value$92.47M
10.66%
Sole
221.65K
Shared
0.00
None
767.20K
YUM CHINA HLDGS INC
SOLEShares1.61M
TypeSH
Market value$72.65M
8.37%
Sole
72.62K
Shared
0.00
None
1.54M
KE HLDGS INC
SOLEShares3.55M
TypeSH
Market value$70.65M
8.14%
Sole
254.11K
Shared
0.00
None
3.29M
META PLATFORMS INC
SOLEShares70K
TypeSH
Market value$40.07M
4.62%
Sole
70K
Shared
0.00
None
0.00
TRIP COM GROUP LTD
SOLEShares630.13K
TypeSH
Market value$37.45M
4.32%
Sole
247.64K
Shared
0.00
None
382.49K
IQIYI INC
SOLEShares8.96M
TypeSH
Market value$25.64M
2.95%
Sole
149.86K
Shared
0.00
None
8.81M
ZTO EXPRESS CAYMAN INC
SOLEShares1.01M
TypeSH
Market value$24.95M
2.88%
Sole
55.10K
Shared
0.00
None
952.26K
ATOUR LIFESTYLE HLDGS LTD
SOLEShares914.81K
TypeSH
Market value$23.73M
2.73%
Sole
104.94K
Shared
0.00
None
809.87K
RLX TECHNOLOGY INC
SOLEShares12.97M
TypeSH
Market value$23.47M
2.70%
Sole
7.17M
Shared
0.00
None
5.80M
TENCENT MUSIC ENTMT GROUP
DFNDShares1.79M
TypeSH
Market value$21.52M
2.48%
Sole
0.00
Shared
0.00
None
1.79M
LI AUTO INC
SOLEShares529.70K
TypeSH
Market value$13.59M
1.57%
Sole
36.01K
Shared
0.00
None
493.70K
KANZHUN LIMITED
SOLEShares730.08K
TypeSH
Market value$12.67M
1.46%
Sole
299.52K
Shared
0.00
None
430.57K
TAL EDUCATION GROUP
SOLEShares742.86K
TypeSH
Market value$8.80M
1.01%
Sole
742.86K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares20K
TypeSH
Market value$8.61M
0.99%
Sole
20K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares40K
TypeSH
Market value$6.69M
0.77%
Sole
40K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | SPONSORED ADS | 1.76M | SH | $236.98M 27.31% | 439.27K | 0.00 | 1.32M |
H WORLD GROUP LTDSOLE | SPONSORED ADS | 3.97M | SH | $147.82M 17.04% | 1.67M | 0.00 | 2.30M |
NETEASE INCSOLE | SPONSORED ADS | 988.85K | SH | $92.47M 10.66% | 221.65K | 0.00 | 767.20K |
YUM CHINA HLDGS INCSOLE | COM | 1.61M | SH | $72.65M 8.37% | 72.62K | 0.00 | 1.54M |
KE HLDGS INCSOLE | SPONSORED ADS | 3.55M | SH | $70.65M 8.14% | 254.11K | 0.00 | 3.29M |
META PLATFORMS INCSOLE | CL A | 70K | SH | $40.07M 4.62% | 70K | 0.00 | 0.00 |
TRIP COM GROUP LTDSOLE | ADS | 630.13K | SH | $37.45M 4.32% | 247.64K | 0.00 | 382.49K |
IQIYI INCSOLE | SPONSORED ADS | 8.96M | SH | $25.64M 2.95% | 149.86K | 0.00 | 8.81M |
ZTO EXPRESS CAYMAN INCSOLE | SPONSORED ADS A | 1.01M | SH | $24.95M 2.88% | 55.10K | 0.00 | 952.26K |
ATOUR LIFESTYLE HLDGS LTDSOLE | SPONSORED ADS | 914.81K | SH | $23.73M 2.73% | 104.94K | 0.00 | 809.87K |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 12.97M | SH | $23.47M 2.70% | 7.17M | 0.00 | 5.80M |
TENCENT MUSIC ENTMT GROUPDFND | SPON ADS | 1.79M | SH | $21.52M 2.48% | 0.00 | 0.00 | 1.79M |
LI AUTO INCSOLE | SPONSORED ADS | 529.70K | SH | $13.59M 1.57% | 36.01K | 0.00 | 493.70K |
KANZHUN LIMITEDSOLE | SPONSORED ADS | 730.08K | SH | $12.67M 1.46% | 299.52K | 0.00 | 430.57K |
TAL EDUCATION GROUPSOLE | SPONSORED ADS | 742.86K | SH | $8.80M 1.01% | 742.86K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 20K | SH | $8.61M 0.99% | 20K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 40K | SH | $6.69M 0.77% | 40K | 0.00 | 0.00 |