Alpine Investment Management Ltd Hedge Fund

Location: Hong Kong

CIK: 0001964631 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $384M (100.0% shares, 0.0% debt)

Holdings (10)

— PDD HOLDINGS INC 24.6%

Value $94.68M Shares 8,350 Est. Cost — Unrealized —

YMM FULL TRUCK ALLIANCE CO LTD 20.8%

Value $79.88M Shares 7,444,800 Est. Cost $11.31 Unrealized —

— ALIBABA GROUP HLDG LTD 10.5%

Value $40.31M Shares 2,750 Est. Cost — Unrealized —

PDD PDD HOLDINGS INC 9.0%

Value $34.72M Shares 306,198 Est. Cost $113.39 Unrealized —

JOYY JOYY INC 8.4%

Value $32.14M Shares 496,300 Est. Cost $41.98 Unrealized —

NVDA NVIDIA CORPORATION 8.0%

Value $30.85M Shares 165,400 Est. Cost $186.13 Unrealized 0.0%

— ADVANCED MICRO DEVICES INC 7.0%

Value $26.77M Shares 1,250 Est. Cost — Unrealized —

LU LUFAX HOLDING LTD 5.4%

Value $20.75M Shares 8,106,500 Est. Cost $3.34 Unrealized —

BABA ALIBABA GROUP HLDG LTD 5.3%

Value $20.35M Shares 138,800 Est. Cost $146.58 Unrealized —

WB WEIBO CORP 1.0%

Value $3.945M Shares 386,000 Est. Cost $10.22 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	PDD HOLDINGS INC	8,350	$94.68M	24.6%	—	—	Call	722304902
YMM	FULL TRUCK ALLIANCE CO LTD	7,444,800	$79.88M	20.8%	$11.31	—	SPONSORED ADS	35969L108
—	ALIBABA GROUP HLDG LTD	2,750	$40.31M	10.5%	—	—	Put	01609W952
PDD	PDD HOLDINGS INC	306,198	$34.72M	9.0%	$113.39	—	SPONSORED ADR	722304102
JOYY	JOYY INC	496,300	$32.14M	8.4%	$41.98	—	ADS REPSTG COM A	46591M109
NVDA	NVIDIA CORPORATION	165,400	$30.85M	8.0%	$186.13	0.0%	COM	67066G104
—	ADVANCED MICRO DEVICES INC	1,250	$26.77M	7.0%	—	—	Put	007903957
LU	LUFAX HOLDING LTD	8,106,500	$20.75M	5.4%	$3.34	—	SPONSORED ADR	54975P201
BABA	ALIBABA GROUP HLDG LTD	138,800	$20.35M	5.3%	$146.58	—	SPONSORED ADS	01609W102
WB	WEIBO CORP	386,000	$3.945M	1.0%	$10.22	—	SPONSORED ADR	948596101