BRIGHT VALLEY CAPITAL Ltd Quant / Systematic

CIK: 0001965546 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 12, 2026

Total Value ($000): $269,160 (100.0% shares, 0.0% debt)

Holdings (15)

New Positions (7)

INTC INTEL CORP 34.6%

Value ($000) $93,173 Shares 2,525,000 Est. Cost $27.30 Unrealized +38.3%

EDU NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC 10.8%

Value ($000) $28,944 Shares 525,961 Est. Cost $55.03 Unrealized —

NVDA NVIDIA CORP 10.6%

Value ($000) $28,535 Shares 153,000 Est. Cost — Unrealized —

PDD PDD HOLDINGS INC 3.1%

Value ($000) $8,232 Shares 72,600 Est. Cost $113.39 Unrealized —

VIPS VIPSHOP HOLDINGS LTD 1.9%

Value ($000) $5,233 Shares 295,789 Est. Cost $17.69 Unrealized —

FUTU FUTU HOLDINGS LTD 0.8%

Value ($000) $2,200 Shares 13,400 Est. Cost $164.21 Unrealized —

MOMO HELLO GROUP INC 0.1%

Value ($000) $135 Shares 20,600 Est. Cost $6.55 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
INTC	INTEL CORP	2,525,000	$93,173	34.6%	$27.30	+38.3%	CALL	458140100
EDU	NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC	525,961	$28,944	10.8%	$55.03	—	SPON ADR	647581206
NVDA	NVIDIA CORP	153,000	$28,535	10.6%	—	—	PUT	67066G104
PDD	PDD HOLDINGS INC	72,600	$8,232	3.1%	$113.39	—	SPONSORED ADS	722304102
VIPS	VIPSHOP HOLDINGS LTD	295,789	$5,233	1.9%	$17.69	—	SPONSORED ADS A	92763W103
FUTU	FUTU HOLDINGS LTD	13,400	$2,200	0.8%	$164.21	—	SPON ADS CL A	36118L106
MOMO	HELLO GROUP INC	20,600	$135	0.1%	$6.55	—	ADS	423403104

Increased Positions (4)

ATAT ATOUR LIFESTYLE HOLDINGS LTD 8.7%

Value ($000) $23,542 (+226.2%) Shares 597,500 (+211.2%) Est. Cost $37.40 Unrealized —

JOYY JOYY INC 8.1%

Value ($000) $21,934 (+46.8%) Shares 338,700 (+32.8%) Est. Cost $46.76 Unrealized —

INTC INTEL CORP 4.0%

Value ($000) $10,738 (+66.7%) Shares 291,000 (+51.6%) Est. Cost $27.30 Unrealized +38.3%

QFIN QFIN HOLDINGS INC 1.6%

Value ($000) $4,345 (+11.8%) Shares 225,500 (+67.0%) Est. Cost $24.96 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ATAT	ATOUR LIFESTYLE HOLDINGS LTD	597,500 (+211.2%)	$23,542 (+226.2%)	8.7%	$37.40	—	SPONSORED ADS	04965M106
JOYY	JOYY INC	338,700 (+32.8%)	$21,934 (+46.8%)	8.1%	$46.76	—	ADS REPSTG COM A	46591M109
INTC	INTEL CORP	291,000 (+51.6%)	$10,738 (+66.7%)	4.0%	$27.30	+38.3%	COM	458140100
QFIN	QFIN HOLDINGS INC	225,500 (+67.0%)	$4,345 (+11.8%)	1.6%	$24.96	—	AMERICAN DEP	88557W101

Exited Positions (5)

— NVIDIA CORP 10.6%

Value ($000) $28,547 Shares 153,000 Est. Cost — Unrealized —

BIDU BAIDU INC 5.1%

Value ($000) $13,836 Shares 105,000 Est. Cost — Unrealized —

SII SPROTT INC 0.8%

Value ($000) $2,080 Shares 25,000 Est. Cost $69.74 Unrealized +27.2%

FINV FINVOLUTION GROUP 0.1%

Value ($000) $148 Shares 20,080 Est. Cost $7.37 Unrealized —

HUYA HUYA INC 0.0%

Value ($000) $6 Shares 1,700 Est. Cost $3.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	NVIDIA CORP	153,000	$28,547	10.6%	—	—	PUT	67066G954
BIDU	BAIDU INC	105,000	$13,836	5.1%	—	—	CALL	056752108
SII	SPROTT INC	25,000	$2,080	0.8%	$69.74	+27.2%	—	852066208
FINV	FINVOLUTION GROUP	20,080	$148	0.1%	$7.37	—	—	31810T101
HUYA	HUYA INC	1,700	$6	0.0%	$3.21	—	—	44852D108

Decreased Positions (3)

YMM FULL TRUCK ALLIANCE CO LTD 3.0%

Value ($000) $8,111 (-75.7%) Shares 755,876 (-70.6%) Est. Cost $12.97 Unrealized —

LX LEXINFINTECH HOLDINGS LTD 0.5%

Value ($000) $1,291 (-93.2%) Shares 394,698 (-89.0%) Est. Cost $6.86 Unrealized —

HTHT H WORLD GROUP LTD 9.4%

Value ($000) $25,219 (-18.7%) Shares 536,000 (-32.4%) Est. Cost $39.11 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
YMM	FULL TRUCK ALLIANCE CO LTD	755,876 (-70.6%)	$8,111 (-75.7%)	3.0%	$12.97	—	SPONSORED ADS	35969L108
LX	LEXINFINTECH HOLDINGS LTD	394,698 (-89.0%)	$1,291 (-93.2%)	0.5%	$6.86	—	ADR	528877103
HTHT	H WORLD GROUP LTD	536,000 (-32.4%)	$25,219 (-18.7%)	9.4%	$39.11	—	SPONSORED ADS	44332N106

Unchanged Positions (1)

DOYU DOUYU INTERNATIONAL HOLDINGS LTD 2.8%

Value ($000) $7,530 Shares 1,107,389 Est. Cost $10.21 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DOYU	DOUYU INTERNATIONAL HOLDINGS LTD	1,107,389	$7,530	2.8%	$10.21	—	SPONSORED ADS	25985W204