Q3 2025 · 13F-HR
Tree Line Advisors (Hong Kong) Ltd.holdings as filed
Filed 2025-11-13 · accession 0000929638-25-004239
$547.5M
Reported value
6
Positions
2025-09-30
Period end
The Brief · Tree Line Advisors (Hong Kong) Ltd. · Q3 2025
AI · grounded in 13F
Tree Line Advisors (Hong Kong) Ltd. established a new position in SE valued at $170.6M. The fund also initiated new stakes in NBIS for $117.9M and CPNG for $108.3M. Additional new positions include FUTU, AVGO, and ATAT. Total assets under management stand at $547.5M across six holdings.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 81141R100 | SE | SEA LTD | $170.6M | 31.2% | 940,000 | Common | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $117.9M | 21.5% | 1,070,000 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $108.3M | 19.8% | 3,300,000 | Common | SOLE |
| 36118L106 | FUTU | FUTU HLDGS LTD | $64.3M | 11.7% | 370,000 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $52.5M | 9.58% | 160,000 | Common | SOLE |
| 04965M106 | ATAT | ATOUR LIFESTYLE HLDGS LTD | $34.0M | 6.20% | 900,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.