Filed: 8/14/2025ACC: 0001802695-25-000007
📋 What this filing means
PERSEVERANCE ASSET MANAGEMENT INTERNATIONAL filed this quarterly 13F‑HR report disclosing 9 equity positions with a total reported market value of $397.39M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
9
Positions
$397.39M
Total AUM (reported)
16.70M
Total Shares
Allocation by class
SPONSORED ADS$327.56M82.4%
COM$42.44M10.7%
COM SHS$23.85M6.0%
CAP STK CL C$3.55M0.9%
Portfolio Concentration
Top 3$344.50M86.7%
4–10$52.89M13.3%
Top 3 weight
86.7%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 16.70M
Sole
Full voting authority
9.05M
shares
% of voting shares54.2%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
7.65M
shares
% of voting shares45.8%
Investment Discretion (by position count)
Sole7
Shared0
Other2
Dominant voting typeSole · 54.2% of voting shares
Institutional Holdings9
Rows:
H WORLD GROUP LTD
SOLEShares4.94M
TypeSH
Market value$167.66M
42.19%
Sole
2.76M
Shared
0.00
None
2.19M
PDD HOLDINGS INC
SOLEShares1.31M
TypeSH
Market value$137.38M
34.57%
Sole
730.31K
Shared
0.00
None
582.36K
YUM CHINA HLDGS INC
DFNDShares882.56K
TypeSH
Market value$39.46M
9.93%
Sole
0.00
Shared
0.00
None
882.56K
AMER SPORTS INC
SOLEShares615.20K
TypeSH
Market value$23.85M
6.00%
Sole
9.11K
Shared
0.00
None
606.09K
RLX TECHNOLOGY INC
SOLEShares6.64M
TypeSH
Market value$14.68M
3.69%
Sole
3.72M
Shared
0.00
None
2.92M
KANZHUN LIMITED
DFNDShares251.64K
TypeSH
Market value$4.49M
1.13%
Sole
0.00
Shared
0.00
None
251.64K
ALPHABET INC
SOLEShares20K
TypeSH
Market value$3.55M
0.89%
Sole
20K
Shared
0.00
None
0.00
IQIYI INC
SOLEShares1.89M
TypeSH
Market value$3.35M
0.84%
Sole
1.80M
Shared
0.00
None
90K
SUMMIT THERAPEUTICS INC
SOLEShares139.93K
TypeSH
Market value$2.98M
0.75%
Sole
9.94K
Shared
0.00
None
129.99K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
H WORLD GROUP LTDSOLE | SPONSORED ADS | 4.94M | SH | $167.66M 42.19% | 2.76M | 0.00 | 2.19M |
PDD HOLDINGS INCSOLE | SPONSORED ADS | 1.31M | SH | $137.38M 34.57% | 730.31K | 0.00 | 582.36K |
YUM CHINA HLDGS INCDFND | COM | 882.56K | SH | $39.46M 9.93% | 0.00 | 0.00 | 882.56K |
AMER SPORTS INCSOLE | COM SHS | 615.20K | SH | $23.85M 6.00% | 9.11K | 0.00 | 606.09K |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 6.64M | SH | $14.68M 3.69% | 3.72M | 0.00 | 2.92M |
KANZHUN LIMITEDDFND | SPONSORED ADS | 251.64K | SH | $4.49M 1.13% | 0.00 | 0.00 | 251.64K |
ALPHABET INCSOLE | CAP STK CL C | 20K | SH | $3.55M 0.89% | 20K | 0.00 | 0.00 |
IQIYI INCSOLE | SPONSORED ADS | 1.89M | SH | $3.35M 0.84% | 1.80M | 0.00 | 90K |
SUMMIT THERAPEUTICS INCSOLE | COM | 139.93K | SH | $2.98M 0.75% | 9.94K | 0.00 | 129.99K |