BRIGHT VALLEY CAPITAL Ltd
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 26, 2024), BRIGHT VALLEY CAPITAL Ltd reported 11 stock positions worth $88.7 million. Its top holding was Hello Group Inc. -SPN ADR (MOMO) at 25.4% of the portfolio, followed by Alibaba (BABAF, 21.2%) and PDD (PDD, 19.1%). Compared with Q1 2024, it opened 6 new positions, sold out of 5, added to 2 and reduced 3. The biggest buy was a new position in Hello Group Inc. -SPN ADR (MOMO) and the biggest sale PDD (PDD, shares −55%).
- Most Recent 13F
- Q2 2026
- Location
- HONG KONG, K3
- CIK
- 0001965546
- Portfolio Value
- $88.7M (Q2 2024)
- SEC Filing
- 0001965546-24-000004 ↗ filed Aug 26, 2024
Holdings Value
Holdings 11 stocks · $88.7M
| MOMO Hello Group Inc. -SPN ADR | 25.44% | 3,685,140 | $22.6M | New |
| BABAF Alibaba Group Holding Ltd. | 21.25% | 261,600 | $18.8M | Add +2516.0% |
| PDD PDD Holdings Inc. | 19.12% | 127,500 | $17.0M | Reduce -55.0% |
| HUYA Huya Inc.-ADR | 8.66% | 1,944,640 | $7.7M | Reduce -56.8% |
| IBIT iShares Bitcoin Trust ETF | 6.74% | 175,000 | $6.0M | New |
| AAPL Apple Inc. | 6.53% | 27,500 | $5.8M | New |
| DOYU Douyu International Hold-ADR | 4.60% | 371,184 | $4.1M | Add +42.0% |
| GOTU Gaotu Techedu Inc. | 2.76% | 500,000 | $2.5M | New |
| MSOGF Miniso Group Holding Ltd. | 2.13% | 99,000 | $1.9M | New |
| RERE Atrenew Inc. | 1.57% | 589,128 | $1.4M | New |
| SN Sharkninja Inc. | 1.19% | 14,000 | $1.1M | Reduce -81.5% |
Portfolio Sells Q1 2024 → Q2 2024
| PDD PDD Holdings Inc. | Reduce -55.0% | 19.12% | −29.66 |
| HUYA Huya Inc.-ADR | Reduce -56.8% | 8.66% | −21.69 |
| SN Sharkninja Inc. | Reduce -81.5% | 1.19% | −5.78 |
| NWOEF New Oriental Education & Tec | Sold out | 0.00% | −2.96 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −2.78 |
| NETTF Netease Inc. | Sold out | 0.00% | −2.51 |
| DELL Dell Technologies -C | Sold out | 0.00% | −1.52 |
| BEKE Ke Holdings Inc. Class A | Sold out | 0.00% | −0.51 |
Portfolio Buys Q1 2024 → Q2 2024
| MOMO Hello Group Inc. -SPN ADR | New | 25.44% | +25.44 |
| BABAF Alibaba Group Holding Ltd. | Add +2516.0% | 21.25% | +20.17 |
| IBIT iShares Bitcoin Trust ETF | New | 6.74% | +6.74 |
| AAPL Apple Inc. | New | 6.53% | +6.53 |
| GOTU Gaotu Techedu Inc. | New | 2.76% | +2.76 |
| MSOGF Miniso Group Holding Ltd. | New | 2.13% | +2.13 |
| DOYU Douyu International Hold-ADR | Add +42.0% | 4.60% | +2.05 |
| RERE Atrenew Inc. | New | 1.57% | +1.57 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $348.7M | INTC, ATAT, SNDK, DRAM, ACMR |
| Q1 2026 | 11 | $96.7M | VIPS, INTC, JOYY, EDU, GLD |
| Q4 2025 | 13 | $147.5M | EDU, HTHT, ATAT, JOYY, INTC |
| Q3 2025 | 11 | $126.5M | YMM, HTHT, LX, JOYY, DOYU |
| Q2 2025 | 9 | $112.0M | JOYY, LX, EDU, IBIT, DOYU |
| Q1 2025 | 16 | $297.3M | ALIBABA GROUP HLDG LTD, JOYY, LX, EDU, RLX |
| Q4 2024 | 8 | $150.2M | MOMO, IBIT, LX, RLX, DOYU |
| Q3 2024 | 8 | $127.8M | MOMO, VIPS, PDD, DOYU, JOYY |
| Q2 2024 | 11 | $88.7M | MOMO, BABAF, PDD, HUYA, IBIT |
| Q1 2024 | 10 | $67.5M | PDD, HUYA, SN, NWOEF, SE |