BRIGHT VALLEY CAPITAL Ltd

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), BRIGHT VALLEY CAPITAL Ltd reported 8 stock positions worth $127.8 million. Its top holding was Hello Group Inc. -SPN ADR (MOMO) at 37.3% of the portfolio, followed by Vipshop Holdings Ltd. - ADR (VIPS, 27.3%) and PDD (PDD, 10.9%). Compared with Q2 2024, it opened 3 new positions, sold out of 6, added to 3 and reduced 2. The biggest buy was a new position in Vipshop Holdings Ltd. - ADR (VIPS) and the biggest sale an exit from Alibaba (BABAF).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001965546
Portfolio Value
$127.8M (Q3 2024)
SEC Filing
0001965546-24-000005 ↗ filed Nov 13, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $67.5M Q1 2024 Q2 2024: $88.7M Q2 2024 Q3 2024: $127.8M $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 8 stocks · $127.8M
MOMO Hello Group Inc. -SPN ADR 37.34% 6,270,201 $47.7M Add +70.2%
VIPS Vipshop Holdings Ltd. - ADR 27.33% 2,220,000 $34.9M New
PDD PDD Holdings Inc. 10.92% 103,500 $14.0M Reduce -18.8%
DOYU Douyu International Hold-ADR 10.89% 1,285,233 $13.9M Add +246.3%
JOYY Joyy Inc.-ADR 7.28% 256,631 $9.3M New
IBIT iShares Bitcoin Trust ETF 5.66% 200,000 $7.2M Add +14.3%
INTC Intel Corp. 0.43% 23,400 $549K New
RERE Atrenew Inc. 0.15% 68,709 $191K Reduce -88.3%

Portfolio Sells Q2 2024 → Q3 2024
BABAF Alibaba Group Holding Ltd. Sold out 0.00% −21.25
HUYA Huya Inc.-ADR Sold out 0.00% −8.66
PDD PDD Holdings Inc. Reduce -18.8% 10.92% −8.20
AAPL Apple Inc. Sold out 0.00% −6.53
GOTU Gaotu Techedu Inc. Sold out 0.00% −2.76
MSOGF Miniso Group Holding Ltd. Sold out 0.00% −2.13
RERE Atrenew Inc. Reduce -88.3% 0.15% −1.43
SN Sharkninja Inc. Sold out 0.00% −1.19

Portfolio Buys Q2 2024 → Q3 2024
VIPS Vipshop Holdings Ltd. - ADR New 27.33% +27.33
MOMO Hello Group Inc. -SPN ADR Add +70.2% 37.34% +11.90
JOYY Joyy Inc.-ADR New 7.28% +7.28
DOYU Douyu International Hold-ADR Add +246.3% 10.89% +6.29
INTC Intel Corp. New 0.43% +0.43
IBIT iShares Bitcoin Trust ETF Add +14.3% 5.66% −1.08

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