Institutional
First Beijing Investment Ltd
CIK 0001701717
$2.32B
Reported AUM
12
Positions
Q1 2026
Period
2026-05-13
Filed
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%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | PDD | PDD HOLDINGS INC | $85.07 | -0.94% | -15.44% | -7.14% | $832.7M | 35.91% | +1,366,207 | +20.1% |
| 2 | YMM | FULL TRUCK ALLIANCE CO LTD | $8.59 | -3.16% | -28.45% | -5.74% | $747.0M | 32.22% | +13,384,327 | +17.5% |
| 3 | EDU | NEW ORIENTAL ED & TECHNOLOGY | $45.74 | -1.15% | -1.27% | 115.38% | $509.4M | 21.97% | −1,110,707 | −11.0% |
| 4 | RLX | RLX TECHNOLOGY INC | $2.00 | -0.99% | -6.98% | -53.67% | $132.3M | 5.71% | −2,734,753 | −4.4% |
| 5 | LEGN | LEGEND BIOTECH CORP | $32.62 | -4.62% | -6.80% | -24.19% | $41.5M | 1.79% | +2,296,335 | NEW |
| 6 | KSPI | KASPI KZ JSC | $81.17 | -2.69% | -3.47% | -15.08% | $32.2M | 1.39% | +321,962 | +286.5% |
| 7 | SE | SEA LTD | $86.56 | -6.00% | -47.73% | -68.66% | $17.3M | 0.75% | +208,963 | NEW |
| 8 | DDL | DINGDONG CAYMAN LTD | $2.45 | -2.00% | 20.10% | -90.13% | $2.2M | 0.09% | +845,952 | NEW |
| 9 | ZH | ZHIHU INC | $3.13 | 1.29% | -21.95% | -94.35% | $1.6M | 0.07% | +551,048 | NEW |
| 10 | NOAH | NOAH HLDGS LTD | $10.30 | -1.34% | -0.06% | -61.92% | $1.3M | 0.06% | −256,539 | −65.4% |
| 11 | BZUN | BAOZUN INC | $2.65 | -0.75% | -4.33% | -89.28% | $1.1M | 0.05% | +444,328 | NEW |
| 12 | API | AGORA INC | $4.81 | -0.41% | 26.25% | -84.77% | $27K | 0.00% | −2,200 | −22.2% |
| 13 | ATAT | ATOUR LIFESTYLE HOLDINGS LTD | $33.42 | -1.79% | 11.87% | 98.55% | — | — | −5,811,104 | EXITED |
Source: SEC EDGAR · accession 0001701717-26-000010. 13F discloses long positions only — shorts, foreign equities, and options are excluded.