Q3 2025 · 13F-HR
Tiger Pacific Capital LPholdings as filed
Filed 2025-11-14 · accession 0001664492-25-000006
$395.4M
Reported value
14
Positions
2025-09-30
Period end
The Brief · Tiger Pacific Capital LP · Q3 2025
AI · grounded in 13F
Tiger Pacific Capital LP established a new position in TAL Education Group TAL valued at $93.9M. The fund also initiated new stakes in Sea Ltd SE for $82M and New Oriental Ed & Technology EDU for $36.9M. Additional new positions include NetEase Inc NTES, PDD Holdings Inc PDD, and Lufax Holding Ltd LU.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 874080104 | TAL | TAL EDUCATION GROUP | $93.9M | 23.8% | 8,386,598 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $82.0M | 20.7% | 458,764 | Common | SOLE |
| 647581206 | EDU | NEW ORIENTAL ED & TECHNOLOGY | $36.9M | 9.34% | 695,532 | Common | SOLE |
| 64110W102 | NTES | NETEASE INC | $29.0M | 7.33% | 190,754 | Common | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $24.8M | 6.26% | 187,323 | Common | SOLE |
| 54975P201 | LU | LUFAX HOLDING LTD | $22.2M | 5.62% | 5,472,835 | Common | SOLE |
| 65487X102 | NOAH | NOAH HLDGS LTD | $21.8M | 5.51% | 1,880,865 | Common | SOLE |
| G0260P102 | AS | AMER SPORTS INC | $20.5M | 5.18% | 589,770 | Common | SOLE |
| 46591M109 | JOYY | JOYY INC | $17.6M | 4.46% | 300,694 | Common | SOLE |
| G4124C109 | GRAB | GRAB HOLDINGS LIMITED | $13.0M | 3.29% | 2,163,100 | Common | SOLE |
| 00138L108 | RERE | ATRENEW INC | $9.5M | 2.41% | 2,069,435 | Common | SOLE |
| 26853E102 | EH | EHANG HLDGS LTD | $8.9M | 2.26% | 481,841 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $8.8M | 2.24% | 31,650 | Common | SOLE |
| 66981J102 | MNSO | MINISO GROUP HLDG LTD | $6.3M | 1.59% | 280,000 | 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.