BRIGHT VALLEY CAPITAL Ltd

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 16, 2024), BRIGHT VALLEY CAPITAL Ltd reported 10 stock positions worth $67.5 million. Its top holding was PDD (PDD) at 48.8% of the portfolio, followed by Huya Inc.-ADR (HUYA, 30.4%) and Sharkninja (SN, 7.0%). Compared with Q4 2023, it opened 4 new positions, sold out of 3, added to 4 and reduced 2. The biggest buy was Huya Inc.-ADR (HUYA, shares +2%) and the biggest sale PDD (PDD, shares −52%).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001965546
Portfolio Value
$67.5M (Q1 2024)
SEC Filing
0001965546-24-000002 ↗ filed May 16, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $67.5M $67.5M Q1 2024 Q2 2024: $88.7M Q2 2024 Q3 2024: $127.8M Q3 2024 Q4 2024: $150.2M Q4 2024 Q1 2025: $297.3M Q1 2025 Q2 2025: $112.0M Q2 2025 Q3 2025: $126.5M Q3 2025 Q4 2025: $147.5M Q4 2025 Q1 2026: $96.7M Q1 2026 Q2 2026: $348.7M Q2 2026

Holdings 10 stocks · $67.5M
PDD PDD Holdings Inc. 48.78% 283,400 $32.9M Reduce -51.8%
HUYA Huya Inc.-ADR 30.35% 4,505,355 $20.5M Add +1.9%
SN Sharkninja Inc. 6.96% 75,500 $4.7M Reduce -48.4%
NWOEF New Oriental Education & Tec 2.96% 23,000 $2.0M Add +7.0%
SE Sea Ltd.-ADR 2.78% 35,000 $1.9M New
DOYU Douyu International Hold-ADR 2.55% 261,416 $1.7M Add +23.8%
NETTF Netease Inc. 2.51% 16,400 $1.7M Add +281.4%
DELL Dell Technologies -C 1.52% 9,000 $1.0M New
BABAF Alibaba Group Holding Ltd. 1.07% 10,000 $724K New
BEKE Ke Holdings Inc. Class A 0.51% 25,000 $343K New

Portfolio Sells Q4 2023 → Q1 2024
PDD PDD Holdings Inc. Reduce -51.8% 48.78% −19.56
HOLI Hollysys Automation Technolo Sold out 0.00% −8.41
CAN Canaan Inc. Sold out 0.00% −0.78
JOYY Joyy Inc.-ADR Sold out 0.00% −0.49
SN Sharkninja Inc. Reduce -48.4% 6.96% +1.02

Portfolio Buys Q4 2023 → Q1 2024
HUYA Huya Inc.-ADR Add +1.9% 30.35% +17.49
SE Sea Ltd.-ADR New 2.78% +2.78
NETTF Netease Inc. Add +281.4% 2.51% +2.19
NWOEF New Oriental Education & Tec Add +7.0% 2.96% +1.70
DELL Dell Technologies -C New 1.52% +1.52
BABAF Alibaba Group Holding Ltd. New 1.07% +1.07
DOYU Douyu International Hold-ADR Add +23.8% 2.55% +0.96
BEKE Ke Holdings Inc. Class A New 0.51% +0.51

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 11$348.7MINTC, ATAT, SNDK, DRAM, ACMR
Q1 2026 11$96.7MVIPS, INTC, JOYY, EDU, GLD
Q4 2025 13$147.5MEDU, HTHT, ATAT, JOYY, INTC
Q3 2025 11$126.5MYMM, HTHT, LX, JOYY, DOYU
Q2 2025 9$112.0MJOYY, LX, EDU, IBIT, DOYU
Q1 2025 16$297.3MALIBABA GROUP HLDG LTD, JOYY, LX, EDU, RLX
Q4 2024 8$150.2MMOMO, IBIT, LX, RLX, DOYU
Q3 2024 8$127.8MMOMO, VIPS, PDD, DOYU, JOYY
Q2 2024 11$88.7MMOMO, BABAF, PDD, HUYA, IBIT
Q1 2024 10$67.5MPDD, HUYA, SN, NWOEF, SE