All-Stars Investment Ltd

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), All-Stars Investment Ltd reported 3 stock positions worth $324.3 million. Its top holding was Full Truck Alliance -SPN ADR (YMM) at 89.3% of the portfolio, followed by iShares Bitcoin Trust ETF (IBIT, 7.2%) and PDD (PDD, 3.4%). Compared with Q4 2024, it added to 3. The biggest buy was PDD (PDD, shares +133%).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001633603
Portfolio Value
$324.3M (Q1 2025)
SEC Filing
0001633603-25-000003 ↗ filed Apr 30, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $250.7M Q1 2024 Q2 2024: $280.2M Q2 2024 Q3 2024: $244.1M Q3 2024 Q4 2024: $273.1M Q4 2024 Q1 2025: $324.3M $324.3M Q1 2025 Q2 2025: $297.9M Q2 2025 Q3 2025: $327.2M Q3 2025 Q4 2025: $267.5M Q4 2025 Q1 2026: $206.1M Q1 2026 Q2 2026: $199.2M Q2 2026

Holdings 3 stocks · $324.3M
YMM Full Truck Alliance -SPN ADR 89.32% 22,686,613 $289.7M Add +0.0%
IBIT iShares Bitcoin Trust ETF 7.23% 501,000 $23.5M Add +12.3%
PDD PDD Holdings Inc. 3.45% 94,500 $11.2M Add +133.3%

Portfolio Sells Q4 2024 → Q1 2025
None this quarter.

Portfolio Buys Q4 2024 → Q1 2025
PDD PDD Holdings Inc. Add +133.3% 3.45% +2.01
YMM Full Truck Alliance -SPN ADR Add +0.0% 89.32% −0.58
IBIT iShares Bitcoin Trust ETF Add +12.3% 7.23% −1.43

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 11$199.2MYMM, IBIT, ETHA, GOOG, AVGO
Q1 2026 4$206.1MYMM, IBIT, ETHA, GOOG
Q4 2025 4$267.5MYMM, IBIT, ETHA, PDD
Q3 2025 4$327.2MYMM, IBIT, ETHA, PDD
Q2 2025 3$297.9MYMM, IBIT, PDD
Q1 2025 3$324.3MYMM, IBIT, PDD
Q4 2024 3$273.1MYMM, IBIT, PDD
Q3 2024 3$244.1MYMM, PDD, IBIT
Q2 2024 4$280.2MYMM, PDD, IBIT, TAL
Q1 2024 3$250.7MYMM, PDD, TAL