Q1 2026 · 13F-HR
First Beijing Investment Ltdholdings as filed
Filed 2026-05-13 · accession 0001701717-26-000010
$2.32B
Reported value
12
Positions
2026-03-31
Period end
The Brief · First Beijing Investment Ltd · Q1 2026
AI · grounded in 13F
First Beijing Investment Ltd closed its position in ATAT, reducing exposure by $228.96M. The fund established new positions in LEGN for $41.54M and SE for $17.30M. Additionally, the fund increased its holdings in KSPI by 286.47% and PDD by 20.14%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 722304102 | PDD | PDD HOLDINGS INC | $832.7M | 35.9% | 8,149,162 | Common | NONE |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $747.0M | 32.2% | 90,000,895 | Common | SOLE |
| 647581206 | EDU | NEW ORIENTAL ED & TECHNOLOGY | $509.4M | 22.0% | 8,995,258 | Common | NONE |
| 74969N103 | RLX | RLX TECHNOLOGY INC | $132.3M | 5.71% | 60,129,671 | Common | SOLE |
| 52490G102 | LEGN | LEGEND BIOTECH CORP | $41.5M | 1.79% | 2,296,335 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $32.2M | 1.39% | 434,350 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $17.3M | 0.75% | 208,963 | Common | NONE |
| 25445D101 | DDL | DINGDONG CAYMAN LTD | $2.2M | 0.09% | 845,952 | Common | SOLE |
| 98955N207 | ZH | ZHIHU INC | $1.6M | 0.07% | 551,048 | Common | SOLE |
| 65487X102 | NOAH | NOAH HLDGS LTD | $1.3M | 0.06% | 135,988 | Common | SOLE |
| 06684L103 | BZUN | BAOZUN INC | $1.1M | 0.05% | 444,328 | Common | SOLE |
| 00851L103 | API | AGORA INC | $27,258 | 0.00% | 7,700 | 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.