Primavera Capital Management Ltd

Institutional

CIK 0001686305

$647.9M

Reported AUM

Positions

Q1 2026

Period

2026-05-15

Filed

The Brief · Primavera Capital Management Ltd · Q1 2026

AI · grounded in 13F

Primavera Capital Management Ltd reported no changes to its 13F holdings for 2026-03-31 relative to 2025-12-31.

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	YUMC	YUM CHINA HLDGS INC.	$42.88	-0.01%	0.75%	-26.58%	$587.1M	90.61%	—	HELD
2	XPEV	XPENG INC.	$15.95	-5.12%	-18.21%	-60.65%	$56.6M	8.73%	—	HELD
3	9C0A	CANGO INC.	—	—	—	—	$4.2M	0.65%	—	HELD

Source: SEC EDGAR · accession 0000945621-26-000710. 13F discloses long positions only — shorts, foreign equities, and options are excluded.