CoreView Capital Management Ltd

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 18, 2025), CoreView Capital Management Ltd reported 8 stock positions worth $957.3 million. Its top holding was Trip.com Group Ltd.-ADR (TCOM) at 27.3% of the portfolio, followed by Sea Ltd.-ADR (SE, 24.3%) and Jd.com Inc.-ADR (JD, 23.2%). Compared with Q3 2024, it opened 1 new position, added to 4 and reduced 2. The biggest buy was Jd.com Inc.-ADR (JD, shares +205%) and the biggest sale Trip.com Group Ltd.-ADR (TCOM, shares −19%).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001842785
Portfolio Value
$957.3M (Q4 2024)
SEC Filing
0001842785-25-000006 ↗ filed Feb 18, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $712.9M Q1 2024 Q2 2024: $634.5M Q2 2024 Q3 2024: $831.8M Q3 2024 Q4 2024: $957.3M $957.3M Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $764.0M Q2 2025 Q3 2025: $907.0M Q3 2025 Q4 2025: $793.1M Q4 2025 Q1 2026: $472.8M Q1 2026 Q2 2026: $547.1M Q2 2026

Holdings 8 stocks · $957.3M
TCOM Trip.com Group Ltd.-ADR 27.30% 3,806,977 $261.4M Reduce -18.6%
SE Sea Ltd.-ADR 24.29% 2,191,601 $232.5M Add +9.8%
JD Jd.com Inc.-ADR 23.18% 6,399,711 $221.9M Add +204.8%
BIDU Baidu Inc. - Spon ADR 11.11% 1,262,003 $106.4M Add +2.0%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 7.34% 3,816,262 $70.3M Reduce -25.4%
BZ Kanzhun Ltd. - ADR 4.40% 3,055,650 $42.2M Add +23.5%
TAL Tal Education Group- ADR 1.66% 1,588,809 $15.9M New
MOMO Hello Group Inc. -SPN ADR 0.70% 875,154 $6.7M No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $2.4M (not counted above)
SecurityClassShares / PrincipalValueChange
PDD HOLDINGS INC (PDD 0 12/01/25) NOTE 12/0 · principal 2,500,000$2.4MNo change

Total filed on the 13F, all lines: $959.7M.

Portfolio Sells Q3 2024 → Q4 2024
TCOM Trip.com Group Ltd.-ADR Reduce -18.6% 27.30% −6.11
BEKE Ke Holdings Inc.-ADR Reduce -25.4% 7.34% −4.90

Portfolio Buys Q3 2024 → Q4 2024
JD Jd.com Inc.-ADR Add +204.8% 23.18% +13.08
TAL Tal Education Group- ADR New 1.66% +1.66
SE Sea Ltd.-ADR Add +9.8% 24.29% +1.66
BZ Kanzhun Ltd. - ADR Add +23.5% 4.40% −0.76
BIDU Baidu Inc. - Spon ADR Add +2.0% 11.11% −4.54

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 8$547.1MBZ, JD, TAL, BIDU, BEKE
Q1 2026 5$472.8MJD, BZ, TAL, BEKE, MOMO
Q4 2025 7$793.1MBZ, JD, TCOM, TAL, SE
Q3 2025 7$907.0MBZ, JD, TCOM, SE, TAL
Q2 2025 7$764.0MJD, BZ, SE, TCOM, TAL
Q1 2025 10$1.0BJD, TCOM, SE, BZ, BEKE
Q4 2024 8$957.3MTCOM, SE, JD, BIDU, BEKE
Q3 2024 7$831.8MTCOM, SE, BIDU, BEKE, JD
Q2 2024 8$634.5MPDD, TCOM, BIDU, BEKE, SE
Q1 2024 8$712.9MPDD, TCOM, BEKE, BIDU, JD