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Portfolio (Quarterly) Guide ↗

Perseverance Asset Management International

· CIK 0001802695
13F Portfolio $909.0B AUM 33 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 10 New 5 Added 4 Reduced 2 Exited
Page 1 of 2  ·  21 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 PDD PDD HOLDINGS INC Consumer Cyclical 2,161,676.0 $220.9M 24.30% +200K +10.2% $102.18 -6.2%
2 HTHT H WORLD GROUP LTD Consumer Cyclical 3,882,036.0 $195.2M 21.48% -1.3M -24.9% $50.29 -8.4%
3 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 446,505.0 $150.9M 16.60% +418K +1453.9% $337.95 +19.6%
4 BZ KANZHUN LIMITED Industrials 4,287,565.0 $57.4M 6.32% +4.0M +1603.8% $13.39 +5.8%
5 NVDA NVIDIA CORPORATION Technology 290,000.0 $50.6M 5.56% NEW $174.40 +29.2%
6 YUMC YUM CHINA HLDGS INC Consumer Cyclical 713,999.0 $34.8M 3.83% $48.78 -6.7%
7 TCOM TRIP COM GROUP LTD Consumer Cyclical 674,999.0 $33.6M 3.70% NEW $49.79 -0.4%
8 GOOG ALPHABET INC Communication Services 100,000.0 $28.7M 3.16% -200K -66.7% $286.86 +37.1%
9 BEKE KE HLDGS INC Real Estate 1,391,439.0 $20.8M 2.29% +236K +20.4% $14.97 +18.9%
10 FUTU FUTU HLDGS LTD Financial Services 150,000.0 $20.5M 2.26% NEW $136.76 -1.6%
11 NTES NETEASE COM INC Technology 170,000.0 $19.0M 2.09% +60K +54.5% $111.94 +1.3%
12 LITE LUMENTUM HLDGS INC Technology 25,000.0 $17.6M 1.93% NEW $702.76 +38.1%
13 RLX RLX TECHNOLOGY INC Consumer Defensive 7,495,862.0 $16.5M 1.81% -295K -3.8% $2.20 -1.8%
14 XPEV XPENG INC Consumer Cyclical 800,000.0 $13.7M 1.51% NEW $17.11 -8.7%
15 MOS MOSAIC CO Basic Materials 300,000.0 $7.7M 0.84% NEW $25.50 -14.7%
16 IQ IQIYI INC Communication Services 4,800,000.0 $6.5M 0.71% -2.0M -29.4% $1.35 -14.1%
17 AMD ADVANCED MICRO DEVICES INC Technology 30,000.0 $6.1M 0.67% NEW $203.43 +106.9%
18 SANDISK CORP 5,479.0 $3.5M 0.38% NEW $635.34
19 MU MICRON TECHNOLOGY INC Technology 8,975.0 $3.0M 0.33% NEW $337.84 +114.5%
20 YATSEN HLDG LTD 529,993.0 $1.6M 0.18% $3.08
Page 1 of 2  ·  21 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Consumer Cyclical 55.2%
Technology 27.3%
Industrials 6.4%
Communication Services 3.9%
Financial Services 2.3%
Real Estate 2.3%
Consumer Defensive 1.8%
Basic Materials 0.8%