BRILLIANCE ASSET MANAGEMENT LTD Quant / Systematic

Location: Admiralty, Hong Kong, Hong Kong

CIK: 0001665751 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 12, 2026

Total Value: $339M (100.0% shares, 0.0% debt)

Holdings (11)

New Positions (2)

META META PLATFORMS INC 6.8%

Value $23.17M Shares 41,137 Est. Cost $563.29 Unrealized —

KSPI KASPI KZ JSC 1.2%

Value $4.06M Shares 46,855 Est. Cost $86.64 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS INC	41,137	$23.17M	6.8%	$563.29	—	CL A	30303M102
KSPI	KASPI KZ JSC	46,855	$4.06M	1.2%	$86.64	—	SPONSORED ADS	48581R205

Increased Positions (4)

PDD PDD HOLDINGS INC 35.1%

Value $119M (+65.6%) Shares 1,562,304 (+121.8%) Est. Cost $92.23 Unrealized —

YMM FULL TRUCK ALLIANCE CO LTD 24.2%

Value $82.24M (+51.9%) Shares 10,127,735 (+55.3%) Est. Cost $8.24 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 2.5%

Value $8.487M (+213.6%) Shares 17,771 (+121.9%) Est. Cost $414.65 Unrealized —

TCOM TRIP COM GROUP LTD 1.1%

Value $3.793M (-15.2%) Shares 95,211 (+6.0%) Est. Cost $49.23 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PDD	PDD HOLDINGS INC	1,562,304 (+121.8%)	$119M (+65.6%)	35.1%	$92.23	—	SPONSORED ADS	722304102
YMM	FULL TRUCK ALLIANCE CO LTD	10,127,735 (+55.3%)	$82.24M (+51.9%)	24.2%	$8.24	—	SPONSORED ADS	35969L108
TSM	TAIWAN SEMICONDUCTOR MFG LTD	17,771 (+121.9%)	$8.487M (+213.6%)	2.5%	$414.65	—	SPONSORED ADS	874039100
TCOM	TRIP COM GROUP LTD	95,211 (+6.0%)	$3.793M (-15.2%)	1.1%	$49.23	—	ADS	89677Q107

Exited Positions (7)

ONTO ONTO INNOVATION INC 11.7%

Value $39.75M Shares 193,838 Est. Cost $111.36 Unrealized —

AS AMER SPORTS INC 9.7%

Value $32.93M Shares 1,000,334 Est. Cost $29.02 Unrealized —

GOOG ALPHABET INC 5.5%

Value $18.5M Shares 64,476 Est. Cost $209.93 Unrealized —

FUTU FUTU HLDGS LTD 1.7%

Value $5.69M Shares 41,607 Est. Cost $136.76 Unrealized —

ZTO ZTO EXPRESS CAYMAN IN 0.8%

Value $2.83M Shares 112,444 Est. Cost $25.17 Unrealized —

U UNITY SOFTWARE INC 0.5%

Value $1.61M Shares 73,389 Est. Cost $32.68 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.1%

Value $346K Shares 2,754 Est. Cost $125.46 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ONTO	ONTO INNOVATION INC	193,838	$39.75M	11.7%	$111.36	—	—	683344105
AS	AMER SPORTS INC	1,000,334	$32.93M	9.7%	$29.02	—	—	G0260P102
GOOG	ALPHABET INC	64,476	$18.5M	5.5%	$209.93	—	—	02079K107
FUTU	FUTU HLDGS LTD	41,607	$5.69M	1.7%	$136.76	—	—	36118L106
ZTO	ZTO EXPRESS CAYMAN IN	112,444	$2.83M	0.8%	$25.17	—	—	98980A105
U	UNITY SOFTWARE INC	73,389	$1.61M	0.5%	$32.68	—	—	91332U101
BABA	ALIBABA GROUP HLDG LTD	2,754	$346K	0.1%	$125.46	—	—	01609W102

Decreased Positions (3)

AMZN AMAZON COM INC 2.9%

Value $9.743M (-28.5%) Shares 40,877 (-37.5%) Est. Cost $226.83 Unrealized —

TXN TEXAS INSTRS INC 3.7%

Value $12.66M (+42.1%) Shares 34,511 (-24.8%) Est. Cost $178.30 Unrealized —

NVDA NVIDIA CORPORATION 1.2%

Value $4.077M (-38.2%) Shares 18,206 (-51.8%) Est. Cost $186.63 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	40,877 (-37.5%)	$9.743M (-28.5%)	2.9%	$226.83	—	COM	023135106
TXN	TEXAS INSTRS INC	34,511 (-24.8%)	$12.66M (+42.1%)	3.7%	$178.30	—	COM	882508104
NVDA	NVIDIA CORPORATION	18,206 (-51.8%)	$4.077M (-38.2%)	1.2%	$186.63	—	COM	67066G104

Unchanged Positions (2)

BZ KANZHUN LIMITED 19.0%

Value $64.45M Shares 5,007,947 Est. Cost $13.39 Unrealized —

LX LEXINFINTECH HLDGS LTD 2.2%

Value $7.487M Shares 3,800,265 Est. Cost $5.11 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BZ	KANZHUN LIMITED	5,007,947	$64.45M	19.0%	$13.39	—	ADR	48553T106
LX	LEXINFINTECH HLDGS LTD	3,800,265	$7.487M	2.2%	$5.11	—	ADR	528877103