Q2 2025 · 13F-HR
Alpine Investment Management Ltdholdings as filed
Filed 2025-08-13 · accession 0001964631-25-000006
$331.5M
Reported value
8
Positions
2025-06-30
Period end
The Brief · Alpine Investment Management Ltd · Q2 2025
AI · grounded in 13F
Alpine Investment Management Ltd established a new position in PDD valued at $94.19M. The fund also initiated new stakes in MICRON TECHNOLOGY INC for $61.63M and YMM for $54.30M. Additional new positions include JOYY at $46.54M and ENPHASE ENERGY INC at $25.77M. Total assets under management stand at $331.46M across 8 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 722304102 | PDD | PDD HOLDINGS INC | $94.2M | 28.4% | 900,000 | Common | SOLE |
| 595112903 | MU | MICRON TECHNOLOGY INC | $61.6M | 18.6% | 5,000 | CALL | SOLE |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $54.3M | 16.4% | 4,598,038 | Common | SOLE |
| 46591M109 | JOYY | JOYY INC | $46.5M | 14.0% | 914,153 | Common | SOLE |
| 722304902 | PDD | PDD HOLDINGS INC | $35.1M | 10.6% | 3,350 | CALL | SOLE |
| 29355A957 | ENPH | ENPHASE ENERGY INC | $25.8M | 7.78% | 6,500 | PUT | SOLE |
| N30577105 | ZGN | ERMENEGILDO ZEGNA N V | $7.3M | 2.19% | 850,000 | Common | SOLE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $6.7M | 2.02% | 65,000 | 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.