Perseverance Asset Management International Diversified Active

CIK: 0001802695 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value ($000): $419,767 (100.0% shares, 0.0% debt)

Holdings (18)

PDD PDD HOLDINGS INC 22.6%

Value ($000) $95,066 Shares 649,756 Est. Cost $69.47 Unrealized —

ZTO ZTO EXPRESS CAYMAN INC 15.1%

Value ($000) $63,327 Shares 2,975,899 Est. Cost $27.14 Unrealized —

IQ IQIYI INC 13.0%

Value ($000) $54,509 Shares 11,169,957 Est. Cost $4.96 Unrealized —

MSFT MICROSOFT CORP 8.1%

Value ($000) $33,844 Shares 90,000 Est. Cost $250.74 Unrealized +39.7%

TME TENCENT MUSIC ENTMT GROUP 7.6%

Value ($000) $31,744 Shares 3,523,247 Est. Cost $9.01 Unrealized —

NTES NETEASE INC 6.5%

Value ($000) $27,488 Shares 295,065 Est. Cost $84.62 Unrealized —

HTHT H WORLD GROUP LTD 5.8%

Value ($000) $24,194 Shares 723,500 Est. Cost $37.88 Unrealized —

RLX RLX TECHNOLOGY INC 5.7%

Value ($000) $23,878 Shares 11,938,870 Est. Cost $2.32 Unrealized —

TAL TAL EDUCATION GROUP 4.9%

Value ($000) $20,509 Shares 1,623,831 Est. Cost $5.73 Unrealized —

ATAT ATOUR LIFESTYLE HLDGS LTD 3.3%

Value ($000) $14,054 Shares 809,545 Est. Cost $16.64 Unrealized —

BZ KANZHUN LIMITED 1.7%

Value ($000) $7,140 Shares 429,858 Est. Cost $16.06 Unrealized —

BEKE KE HLDGS INC 1.5%

Value ($000) $6,289 Shares 387,978 Est. Cost $16.38 Unrealized —

TCOM TRIP COM GROUP LTD 1.2%

Value ($000) $4,868 Shares 135,176 Est. Cost $35.49 Unrealized —

BABA ALIBABA GROUP HLDG LTD 1.1%

Value ($000) $4,538 Shares 58,542 Est. Cost $86.74 Unrealized —

YUMC YUM CHINA HLDGS INC 0.7%

Value ($000) $3,122 Shares 73,569 Est. Cost $46.55 Unrealized 0.0%

GOOG ALPHABET INC 0.5%

Value ($000) $2,114 Shares 15,000 Est. Cost $134.68 Unrealized 0.0%

EDU NEW ORIENTAL ED & TECHNOLOGY 0.4%

Value ($000) $1,729 Shares 23,592 Est. Cost $29.53 Unrealized —

BIDU BAIDU INC 0.3%

Value ($000) $1,356 Shares 11,385 Est. Cost $150.92 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PDD	PDD HOLDINGS INC	649,756	$95,066	22.6%	$69.47	—	SPONSORED ADS	722304102
ZTO	ZTO EXPRESS CAYMAN INC	2,975,899	$63,327	15.1%	$27.14	—	SPONSORED ADS A	98980A105
IQ	IQIYI INC	11,169,957	$54,509	13.0%	$4.96	—	SPONSORED ADS	46267X108
MSFT	MICROSOFT CORP	90,000	$33,844	8.1%	$250.74	+39.7%	COM	594918104
TME	TENCENT MUSIC ENTMT GROUP	3,523,247	$31,744	7.6%	$9.01	—	SPON ADS	88034P109
NTES	NETEASE INC	295,065	$27,488	6.5%	$84.62	—	SPONSORED ADS	64110W102
HTHT	H WORLD GROUP LTD	723,500	$24,194	5.8%	$37.88	—	SPONSORED ADS	44332N106
RLX	RLX TECHNOLOGY INC	11,938,870	$23,878	5.7%	$2.32	—	SPONSORED ADS	74969N103
TAL	TAL EDUCATION GROUP	1,623,831	$20,509	4.9%	$5.73	—	SPONSORED ADS	874080104
ATAT	ATOUR LIFESTYLE HLDGS LTD	809,545	$14,054	3.3%	$16.64	—	SPONSORED ADS	04965M106
BZ	KANZHUN LIMITED	429,858	$7,140	1.7%	$16.06	—	SPONSORED ADS	48553T106
BEKE	KE HLDGS INC	387,978	$6,289	1.5%	$16.38	—	SPONSORED ADS	482497104
TCOM	TRIP COM GROUP LTD	135,176	$4,868	1.2%	$35.49	—	ADS	89677Q107
BABA	ALIBABA GROUP HLDG LTD	58,542	$4,538	1.1%	$86.74	—	SPONSORED ADS	01609W102
YUMC	YUM CHINA HLDGS INC	73,569	$3,122	0.7%	$46.55	0.0%	COM	98850P109
GOOG	ALPHABET INC	15,000	$2,114	0.5%	$134.68	0.0%	CAP STK CL C	02079K107
EDU	NEW ORIENTAL ED & TECHNOLOGY	23,592	$1,729	0.4%	$29.53	—	SPON ADR	647581206
BIDU	BAIDU INC	11,385	$1,356	0.3%	$150.92	—	SPON ADR REP A	056752108